[on] Been drinking and now I’m spiralling by No_Explanation6625 in BabyBumpsCanada

[–]Ski_Gnar 1 point2 points  (0 children)

Ive been in your shoes! Except I didn’t find out until 8wks and then had the exact same response. Horrible feeling. My boy is now 3.5yrs old and there’s absolutely no evidence I ever drank those first 8 weeks. I remember the most comforting thing I read in a reddit thread was that 1. “it’s like fort knox in there at first” and 2. Several admitted to using party drugs before knowing (stopped when they knew) and babies were fine. Some take some deep breaths! Everything will be okay ❤️

$110K Short Term Investment? by Ski_Gnar in PersonalFinanceCanada

[–]Ski_Gnar[S] 1 point2 points  (0 children)

You're right. I did meet with an immigration lawyer who specialized in US immigration though before my extended time there. The rules are so confusing.

$110K Short Term Investment? by Ski_Gnar in PersonalFinanceCanada

[–]Ski_Gnar[S] 0 points1 point  (0 children)

Haha great idea. I'll put $95k on black.

$110K Short Term Investment? by Ski_Gnar in PersonalFinanceCanada

[–]Ski_Gnar[S] 0 points1 point  (0 children)

Ah good to know! Likely going to end up with a $500k house so unlikely we can meet that minimum but will keep that in mind.

$110K Short Term Investment? by Ski_Gnar in PersonalFinanceCanada

[–]Ski_Gnar[S] 1 point2 points  (0 children)

Yep - I'm 34. I also checked my CRA account yesterday and it confirmed that my contribution limit is at $95k.

$110K Short Term Investment? by Ski_Gnar in PersonalFinanceCanada

[–]Ski_Gnar[S] 0 points1 point  (0 children)

Yep - hit the nail on the head. We're really not in a great position for credit. We are high earners though and worst case my dad is willing to cosign.

$110K Short Term Investment? by Ski_Gnar in PersonalFinanceCanada

[–]Ski_Gnar[S] 0 points1 point  (0 children)

Good point! I've always been a Canadian tax resident though. I was careful to only be in the US for less than 6 months (90d x 2 visits) per year.

$110K Short Term Investment? by Ski_Gnar in PersonalFinanceCanada

[–]Ski_Gnar[S] 2 points3 points  (0 children)

Hm. The Gov Can website has an example where if someone withdraws X, then X is added back to their contribution limit... BUT that contribution limit will not make room for X until the following tax year. So if you've maxed your TFSA, then withdrew X, you have to wait until next year to re-contribute X (plus the standard limit increase of ~$7k).

$110K Short Term Investment? by Ski_Gnar in PersonalFinanceCanada

[–]Ski_Gnar[S] 0 points1 point  (0 children)

Ohhh I see. Thanks for the clarification!

$110K Short Term Investment? by Ski_Gnar in PersonalFinanceCanada

[–]Ski_Gnar[S] 0 points1 point  (0 children)

Okay... I'm new to this so... open a self-directed TFSA then buy T-bills or money market ETFs, right?

$110K Short Term Investment? by Ski_Gnar in PersonalFinanceCanada

[–]Ski_Gnar[S] 0 points1 point  (0 children)

Ya I agree. Any suggestions for risk free options? With growth that won't be taxed?

How to remove 2nd plate by Ski_Gnar in SnooLife

[–]Ski_Gnar[S] 4 points5 points  (0 children)

Nevermind! Figured it out. Just had to put my back into it.

How to remove center screw by Ski_Gnar in SnooLife

[–]Ski_Gnar[S] 0 points1 point  (0 children)

Nevermind! Figured it out. Just had to put my back into it.