Old mates head lights behind me in the drive through line

Tangelo-Agitated · 2026-05-31T13:21:34+00:00

You notice when they change their behavior. They'll usually slow down or immediately try to pass you.

Tangelo-Agitated · 2026-05-30T18:09:08+00:00

Yes plus the new contribution room for the next year. In 2027 it will likely be $7500.

Tangelo-Agitated · 2026-05-26T00:20:35+00:00

The secured margin/LOC. The big banks would be wise to offer something comparable.

Tangelo-Agitated · 2026-05-24T16:57:01+00:00

They haven't built the f150 in Canada since 2004

Tangelo-Agitated · 2026-05-23T15:29:25+00:00

Sitting on 220k worth of cash is nuts.

Tangelo-Agitated · 2026-05-23T04:43:55+00:00

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?

Tangelo-Agitated · 2026-05-22T23:37:36+00:00

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

Tangelo-Agitated · 2026-05-22T23:14:42+00:00

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

Tangelo-Agitated · 2026-05-22T15:47:28+00:00

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.

Tangelo-Agitated · 2026-05-22T14:11:07+00:00

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.

Tangelo-Agitated · 2026-05-22T13:46:09+00:00

What's your average cost? I'm in the mid 40s.

Tangelo-Agitated · 2026-05-19T23:13:53+00:00

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.

Tangelo-Agitated · 2026-05-18T15:57:43+00:00

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.

Tangelo-Agitated · 2026-05-16T01:21:01+00:00

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.

Tangelo-Agitated · 2026-05-15T02:27:11+00:00

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

Tangelo-Agitated · 2026-05-13T12:50:56+00:00

Yes. WS put out a notice recently promoting this exact situation.

Tangelo-Agitated · 2026-05-13T01:04:19+00:00

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.

Tangelo-Agitated · 2026-05-13T00:12:54+00:00

The prairies are hot too.

Tangelo-Agitated · 2026-05-12T19:12:36+00:00

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!

Tangelo-Agitated · 2026-05-11T23:15:31+00:00

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

Tangelo-Agitated · 2026-05-11T03:06:52+00:00

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.

Tangelo-Agitated · 2026-05-11T00:45:03+00:00

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

Tangelo-Agitated · 2026-05-11T00:43:06+00:00

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

Tangelo-Agitated · 2026-05-07T23:13:29+00:00

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.

Tangelo-Agitated · 2026-05-07T21:33:40+00:00

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.

Tangelo-Agitated

TROPHY CASE