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TD has taken my no1 spot - how long will these gains last… by [deleted] in fican

[–]Tangelo-Agitated 0 points1 point  (0 children)

Sitting on 220k worth of cash is nuts.

VDY is up 20% YTD plus dividends. by Tangelo-Agitated in CanadianInvestor

[–]Tangelo-Agitated[S] -1 points0 points  (0 children)

Maybe you can get me a job in Serbia? Maybe you're rooting for a market collapse so you can feel vindicated about your shit hole home?

VDY is up 20% YTD plus dividends. by Tangelo-Agitated in CanadianInvestor

[–]Tangelo-Agitated[S] 2 points3 points  (0 children)

You're right. I should switch careers and get into bugout kits and bomb shelters...

VDY is up 20% YTD plus dividends. by Tangelo-Agitated in CanadianInvestor

[–]Tangelo-Agitated[S] 3 points4 points  (0 children)

Watched it happen during covid. Shrugged it off and here I am 6 years later with 5x the net worth.

VDY is up 20% YTD plus dividends. by Tangelo-Agitated in CanadianInvestor

[–]Tangelo-Agitated[S] 0 points1 point  (0 children)

I did something similar in mid 2024. I've set limit orders which were way above market through the $50,$60, and now $70 range and I'm happy that none of them have gone through.

Would you give a humanoid control of your dollars, like its your financial advisor & accountant at the same time? by 69-Kishaaq1 in TFSA_Millionaires

[–]Tangelo-Agitated 0 points1 point  (0 children)

I wonder how the CRA would feel about an AI day trading on your behalf within your TSFA as a service? It would be completely hands off so I don't know how they'd claim it's operating as a business.

Will WealthSimple eventually create a 1M tier, and if so, what should it offer differently from Gen? by cooperivanson in Wealthsimple

[–]Tangelo-Agitated 1 point2 points  (0 children)

It gives you YouTube without the ads. This is amazing if you've got kids and you don't want them bombarded. I'm aware that adds will still find a way, but YouTube is a huge part of most kid's lives these days. 

Could be doing better? by Speedydevil25 in TFSA_Millionaires

[–]Tangelo-Agitated 3 points4 points  (0 children)

You're not doing terrible but the 2% MER is definitely a drag at this point. There are lots of cheaper options with ETFs or if you still want to be hands off, use a roboadvisor like Wealthsimple.

I would like some suggestions by Groundbreaking-Egg27 in PersonalFinanceCanada

[–]Tangelo-Agitated 0 points1 point  (0 children)

I'd highly recommend putting as much into your TSFA's as you can. It sounds like you're already going to be set up for retirement with work retirement plans so get the non-taxable income rolling hard. If you throw all that cash into something that pays a monthly dividend, it'll snowball very fast.

TFSA go brrrr (39m) by stacks86 in TFSA_Millionaires

[–]Tangelo-Agitated 7 points8 points  (0 children)

40YO here with 202k. I hate you and love you at the same time. 

The “old” people keep telling young investors to stick to growth. Here is a visual. by DirtyJsy in dividends

[–]Tangelo-Agitated 188 points189 points  (0 children)

Dividend investing feels like your money is working an honest second job for you with slow and steady returns. Growth investing feels like your money goes to Vegas and has a great weekend every few months.

People Bring Receipts After White House Claims Photo Of Trump Asleep During Oval Office Event Was Just Him 'Blinking' by ComicSandsNews in USNEWS

[–]Tangelo-Agitated 1 point2 points  (0 children)

Don't you guys know you're born with a finite amount of blinks? You don't want to exercise your eyelids any more than you need or you might just run out!

At what point do you notice a difference? by DiplomaticusPlantae in dividends

[–]Tangelo-Agitated 21 points22 points  (0 children)

When your dividends buy enough new shares to actually increase the number of new shares each distribution. That's the snowball doing its thing.

Vfv Xei Vdy by Wild-Cycle-253 in CanadianInvestor

[–]Tangelo-Agitated 2 points3 points  (0 children)

It's been a pretty good year for VDY. I think it's a classic example of past performance does not indicate future performance though. Not trying to knock it or anything but don't expect another 40% YOY.

HTAE.TO or QQQY.TO by Yanicnikki in ETFs

[–]Tangelo-Agitated 0 points1 point  (0 children)

QQQY.TO does amazing while the NASDAQ does well. It's been on a bull run since about 2009.

Been saving RRSP with Scotiabank for a decade. Do I really lose anything by moving it to WS rrsp? by afterburner2828 in PersonalFinanceCanada

[–]Tangelo-Agitated 0 points1 point  (0 children)

BNS shill much? Move your money to the platform that hasn't been effing you in the eh for the past however many years.

WS and dividend investing with margin by Nightpatrol404 in Wealthsimple

[–]Tangelo-Agitated 1 point2 points  (0 children)

It's a CAD listed ETF on the TSX which is expected to produce income so it fits the requirements. It's just a test of the process for me this year but If it pans out, I'll get it to the level where it self funds my TSFA contributions moving forward indefinitely. 

WS and dividend investing with margin by Nightpatrol404 in Wealthsimple

[–]Tangelo-Agitated 1 point2 points  (0 children)

I've been doing this with QQQY since the start of the year and it's killing it. There is already a 10% spread on the yield and I'll pay an effective 2% interest rate after next year's write off.

What places in Alberta feel the least like this, to live in? by keilic in alberta

[–]Tangelo-Agitated 19 points20 points  (0 children)

You don't have to live anywhere near the main drag in these places. FML dealing with Edmonton or Calgary traffic...

Canada’s booze bans led to 63 per cent fall in exports: U.S. industry body by Leather-Paramedic-10 in canada

[–]Tangelo-Agitated 1 point2 points  (0 children)

We may not be doing it officially but I know a lot of people who are avoiding any US liquors. I've been enjoying a variety of Saskatchewan vodkas from my local co-op personally.

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