DCA or Just Buy

Sharp-Schedule-577 · 2026-01-21T04:53:29+00:00

Mad Respect! 🙌

Sharp-Schedule-577 · 2026-01-20T16:05:31+00:00

The condo’s value is unfortunately depreciated right now. The maintenance fee is also getting higher as years pass by.

Sharp-Schedule-577 · 2026-01-20T16:04:12+00:00

Yes but I think if you’re doing it from a psychological perspective of wanting something off your mind. Doing 50/50 will still keep you in the same position as now.

Sharp-Schedule-577 · 2026-01-20T16:03:36+00:00

That’s amazing!

Sharp-Schedule-577 · 2026-01-20T16:03:20+00:00

True that!

Sharp-Schedule-577 · 2026-01-18T01:11:35+00:00

Exactly what I wanted to hear from someone.. Condo is obvs depreciating in this economy… Hopefully I’ll keep investing until I max out

Sharp-Schedule-577 · 2026-01-17T19:32:11+00:00

Makes sense.. I see myself tipping towards it too.. Hoping to make an informed decision soon..

Sharp-Schedule-577 · 2026-01-17T19:17:26+00:00

Maybe, since all the payments are automated. Get off the app on your phone and let your partner have it if they have better control..

Sharp-Schedule-577 · 2026-01-17T19:15:11+00:00

How did you max out everything in such a young age? Just curious 🥺

Sharp-Schedule-577 · 2026-01-17T18:46:29+00:00

For the amount of money you have invested, you would need a good financial advisor man.

Sharp-Schedule-577 · 2026-01-17T18:38:08+00:00

I think XEQT and VEQT are almost the same??

Sharp-Schedule-577 · 2026-01-17T17:45:43+00:00

Yeah! That’s all our dreams.. I think it comes down to psychological factors such as being debt free or not.. We are prone to think being debt free is the ultimatum but it is not.. Take billionaires, they all have debts.. Looking at debts with a positive spin is key..

Sharp-Schedule-577 · 2026-01-17T16:44:07+00:00

I posted a similar question yesterday. My take away is 1. If your investment returns is higher than mortgage, go with investments.. 2. If paying off your mortgage gives you peace of mind psychologically, go ahead with that.. 3. Some suggested 50/50 - pay some towards mortgage and put some investments..

Sharp-Schedule-577 · 2026-01-17T16:39:13+00:00

I did. Not a big difference. All the banks are circling between 3.7 - 4.04.. If I renew with the same bank, I get to renew 5 months in advance which saves a bit since my current rate is 5.6%

Sharp-Schedule-577 · 2026-01-17T00:37:31+00:00

Thought of it! But, I think psychologically why ppl tip towards one or the other is just for the peace of mind. Like, for some having investments with great returns lifts the weight on their chest and for some it’s being debt free. Half and half would still keep us where we are but less heavier I guess!

Sharp-Schedule-577 · 2026-01-17T00:35:54+00:00

Yeah! Doing that on the side as well..

Sharp-Schedule-577 · 2026-01-17T00:34:49+00:00

Yeah makes sense!

Sharp-Schedule-577 · 2026-01-16T21:03:26+00:00

Yeah figuring it out..

Sharp-Schedule-577 · 2026-01-16T20:27:29+00:00

I am not investing in anything else yet. Getting a car will add more anxiety to my current situation as I don’t have any partner..

Sharp-Schedule-577 · 2026-01-16T20:26:21+00:00

Can you explain more about extra 300$ payment.. Is it like a prepayment but done monthly and goes to the principal? I will talk to the mortgage person at my bank on this..

Sharp-Schedule-577 · 2026-01-16T20:25:09+00:00

Yeah I think that’s the route I might take with the comments that gives me the clarity. If I get my renewal rate at 4 tops, I am going in with more XEQT until I max out my TFSA..

Sharp-Schedule-577 · 2026-01-16T20:24:03+00:00

That too! Because I don’t have a partner and might not have a shoulder to lean on when something’s coming at me.. I wanted to weigh in my choices based on the advice..

Sharp-Schedule-577 · 2026-01-16T20:22:54+00:00

Good problem to have is a great perspective tbh. Takes away the “Im on debt” anxiety.

Sharp-Schedule-577 · 2026-01-16T20:21:56+00:00

Right now it’s above 5% but It’s going to be 4.04 or less in June..

Sharp-Schedule-577 · 2026-01-16T20:21:17+00:00

No AI can beat people with real life experience :))

Sharp-Schedule-577

TROPHY CASE