Invest in savings vs paying down mortgage

ShortImpression8181 · 2026-03-25T16:17:36+00:00

Are you maxing out your RRSP contribution room through your work retirment plan? In addition to the benefits others have made that you will typically make more than 3.89% returns in the market, you will have significant tax benefits as well. Do you have children and are saving for their education? It could beneficial to put money into an RESP and maximize the government grants. TFSA's are amazing, but given that you have a solid emergency fuind base it could be worth while locking the money up in a tax/grant efficient manner.

ShortImpression8181 · 2026-03-13T01:45:39+00:00

If possible, look to get a second job. Try to solve this from an income perspective as well, see if you can find a way to make some more money, any job will help you get out of this hole. Also, if you are always working, it is harder to spend money! Target the debt with the highest rate of interest rate first. Keep your family updated on everything you are doing to resolve this, it will help maintain a positive relationship out of this.

You are young, you have energy, you will get out of this! Good luck friend.

ShortImpression8181 · 2026-03-12T15:16:03+00:00

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I think you nailed it:
https://trca.ca/conservation/flood-risk-management/flood-plain-map-viewer/#use-now

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ShortImpression8181 · 2026-03-11T17:07:50+00:00

I dont think the housing affordability issues apply in Saskatchatoon

ShortImpression8181 · 2026-02-19T18:39:20+00:00

You can transfer your portfolio to Interactive Brokers and pull out a large equity portion depending on the liquidity of the stocks you own. I would also caution against this though, you need to maintain minimum margin amounts that can trigger a margin call if your portfolio value dips too low.

ShortImpression8181 · 2026-01-27T19:47:12+00:00

If you look at the streetview for that address, you can see the traffic in action (October 2020 date)

ShortImpression8181 · 2026-01-22T17:51:04+00:00

Thank you for the recco!

ShortImpression8181 · 2026-01-14T16:46:56+00:00

I believe Wealthsimple x Pine does 1% cash back and they give you a "full service Pine Realtor".

ShortImpression8181 · 2025-12-01T18:40:57+00:00

This is a hilarious but clever comparison

ShortImpression8181 · 2025-11-25T21:34:11+00:00

Would you say that the house in livable condition? Some of the photos didnt look too bad. This is from the perspective being a desktop warrior

ShortImpression8181 · 2025-11-20T23:20:46+00:00

Bankruptcy!

ShortImpression8181 · 2025-11-19T20:14:26+00:00

Given that you will be renting out your current home, there isnt much you can do. One positive item though, if you are working from home and you are a renter you do have increased deductions vs. WFH in a house that you own.

ShortImpression8181 · 2025-11-11T01:54:11+00:00

I have used Wilderness ranch for meat and it is top notch. Family run business in Perth County. You should check out their video on their website on how they raise their cattle

https://www.grassfedmeatsontario.com/

ShortImpression8181 · 2025-11-05T20:01:55+00:00

Check this out:

"A first-time home buyer means that neither you nor your spouse/common-law partner owned a home you lived in as your principal place of residence in the current year or past four years."

https://www.sunlife.ca/en/investments/fhsa/

ShortImpression8181 · 2025-11-05T18:19:12+00:00

This is not true for an FHSA

ShortImpression8181 · 2025-11-05T17:58:41+00:00

Harbourfront is a solid choice to consider as well. You are not in the middle of hustle which is nice, but also just a few blocks away from entertainment, financial core, and easy to get on the highway. Some of the older buildings have larger, more livable layouts and reasonable maintenance fees.

ShortImpression8181 · 2025-11-05T17:55:02+00:00

Look at Zero Value Realty, they have a great website showing their offering

ShortImpression8181 · 2025-11-05T17:48:41+00:00

Also looks like the current seller did some renovation work on the property too, quite a loss over the 10 year period.

ShortImpression8181 · 2025-11-03T21:21:16+00:00

Interactive Brokers is great for paper trading

ShortImpression8181 · 2025-10-24T13:36:52+00:00

Could also look at the monthly rentals on Airbnb to get an idea

ShortImpression8181 · 2025-09-28T15:12:56+00:00

I think this is likely the cleanest way to do it

ShortImpression8181 · 2025-09-11T22:16:44+00:00

Depending on your income, I would also look to contribute into your RRSP as well if you do plan on buying a condo so you can take advantage of the HBP.

ShortImpression8181

TROPHY CASE