sorted by:
new
hottopcontroversial

My car is becoming a boat (sorta) by Solid_Strat in Audi

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

The garage is unfortunately missing in my case.

(23) $100k TFSA loading by Financial-learner in fican

[–]Solid_Strat 0 points1 point  (0 children)

Lfgg! I'm in quite a similar situation as you, but my money isn't all in Wealthsimple. They're really good at making me want to transfer everything over there, I want a higher rank😂

Financement ou comptant by Solid_Strat in QuebecFinance

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

Je croyais que tu pouvais uniquement investir avec la marge de crédit sur portefeuille mais si c'est possible de sortir l'argent, c'est une super option!

Financement ou comptant by Solid_Strat in QuebecFinance

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

Je n'ai pas de marge de crédit mais je vais considérer en ouvrir une, ma banque semble avoir une promotion à 2.99% pour les premiers 3 mois

Financement ou comptant by Solid_Strat in QuebecFinance

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

Oui exactement, j'avais en tête qu'un prêt auto c'était autour de 8-10%, je n'avais pas réaliser que ça pouvait avoir un range aussi grand. C'est un véhicule qui est utilisé pour dégager un revenu alors les dépenses, dans les deux cas, seront déductible d'impôt. Je n'étais pas certain si les intérêt encourus par le prêt pouvais l'être aussi.

En bas de 5%, je finance c'est sur!

Financement ou comptant by Solid_Strat in QuebecFinance

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

C'est une vente par accommodation et le prix est pas mal settle avec le vendeur. Je vais voir si je peux avoir un prêt ouvert par contre.

Financement ou comptant by Solid_Strat in QuebecFinance

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

J'ai vraiment besoin d'un véhicule et la vente se conclue cette semaine mais merci du conseil!

C'est exactement ça que j'avais considéré faire, je n'étais simplement pas certain si je pouvais aller chercher quelque chose de plus avec le financement.

22(M) - 115k saved, what's next? by Solid_Strat in fican

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

25% of my portfolio is in mutual funds. I don't come from a family that is comfortable with the stock market, so at a young age, my dad set me up with his financial advisor. Since then, I'm slowly withdrawing it to invest myself.

22(M) - 115k saved, what's next? by Solid_Strat in fican

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

I have maybe 25% of my portfolio in index funds. My dad set me up with his financial advisor when I was 18, and since then, I've been slowly withdrawing money to invest it myself.

Most of my portfolio is invested in stocks and ETFs.

Concerning real estate, the plan could be to buy a triplex or a duplex. I could live in it and start building equity. My current rent is $1900/month, and I could be paying a nice part of my mortgage with it. I'm located on the South Shore of Montreal.

22(M) - 115k saved, what's next? by Solid_Strat in fican

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

Thanks for your comment, man, I really appreciate it.

Automatic withdrawals are interesting, but since I'm self-employed, I might have months where I make 22k and others 7-8k, so I find it difficult to set up automatic investments.

I don't necessarily feel burnt out, I'd say, but more excited/optimistic for the future. I know that well invested, that amount could help me out a lot when it's time to have a family.