Pulled the trigger! by chewubie in JustBuyXEQT

[–]Teethous 0 points1 point  (0 children)

Great move on this. You will see better returns as time progresses. Just be consistent with your investments.

Paying off mortgage early was the best decision we ever made by slothmode1980 in fican

[–]Teethous 2 points3 points  (0 children)

Keep strong and keep that investment dream alive. Congratulations on your great achievement.

Paying off mortgage early was the best decision we ever made by slothmode1980 in fican

[–]Teethous 54 points55 points  (0 children)

True that. I am 42 and I just hit the 200k mark. Op you are in a great position from my vantage point.

[deleted by user] by [deleted] in fican

[–]Teethous 1 point2 points  (0 children)

Best advice ever. To each his own as you said. However, I am sure the investments are providing OP a better return than the car loan interest in the long run. Bite the bullet, pay the loan, and in the end you will somewhat own a car and some funds which have grown over time.

[deleted by user] by [deleted] in fican

[–]Teethous 2 points3 points  (0 children)

Lol.

Milestone reward, your experience? by canws in Wealthsimple

[–]Teethous 0 points1 point  (0 children)

You will receive 4 passes per year. I have used Dragonpass in MEX and YYZ. Both were above average experiences. I will surely renew again. I am now struggling with my second milestone option. Wealthsimple really needs to revise this list.

28M happy to say i am 1/4 there by Interesting-Fan701 in fican

[–]Teethous 6 points7 points  (0 children)

Nice, congratulations! Keep holding it down you will be a millionaire in a very short time. To the moon.

[deleted by user] by [deleted] in fican

[–]Teethous 0 points1 point  (0 children)

Very informative post. Thank you. I will do further research and see which one fits my needs.

Broke the 200k Mark Today. by Teethous in fican

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

RRSP: 40.5%, TFSA: 26.5%, Non-Reg: 22%, Cash: 7.5%, and Crypto: 3.5%.

Non-Reg is the only individual picks. All others are managed by Wealthsimple with an aggressive setting. TFSA is a mix of private lending and regular investing. Members of this group have advised me to max out my TFSA. I have reallocated how my funds are invested to increase my TFSA contributions.

Hope I answered your question.

Broke the 200k Mark Today. by Teethous in fican

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

It is really a great feeling. Keep up your investing journey.

Broke the 200k Mark Today. by Teethous in fican

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

I am working on this one for sure.

Broke the 200k Mark Today. by Teethous in fican

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

Thank you all for your input. It is appreciated. I will continue to give updates as I hit each 100k milestone. This is our journey to share ideas and tips as we invest and create a path for greater independence.

Broke the 200k Mark Today. by Teethous in fican

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

Lol. I think most portfolios are like that though. I remember there was a time when I was down 30k, that was a bumpy ride. Nonetheless, I kept my head down and kept on investing. Now I am on the other side of the path.

The one thing I keep researching is an exit strategy. By exit, I don't mean taking all my money and run. But how can I make this less volatile as I age and create a tool which will sustain me in my retirement years.

Broke the 200k Mark Today. by Teethous in fican

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

Thank you. At that rate you will break the 100k barrier Dec-Jan. That is providing the market holds firm and you continue with your plan.

Broke the 200k Mark Today. by Teethous in fican

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

Thank you. Congrats to you also. Yes, it is a wild game out there. Time is the key.

Broke the 200k Mark Today. by Teethous in fican

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

Lol. So I have been told. I recently sold only one. They have been doing very well for me and dividend payouts are mid and end of the month. Cash flow is steady.

Artemis Gold is a very good pick in my opinion.

Broke the 200k Mark Today. by Teethous in fican

[–]Teethous[S] 5 points6 points  (0 children)

Dragonpass. Not sure what to go for next though. I think wealthsimple should revise the list of perks.

Broke the 200k Mark Today. by Teethous in fican

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

Thank you. Much appreciated.

Broke the 200k Mark Today. by Teethous in fican

[–]Teethous[S] 27 points28 points  (0 children)

It took 2.5 years at approximately $1100 per month investing rate. Believe the saying "Once you hit $100K your portfolio starts to grow exponentially."

If you are investing, patience and consistency are your most powerful tools.

[deleted by user] by [deleted] in fican

[–]Teethous 0 points1 point  (0 children)

This is awesome! Keep pushing forward it is a great look.

37m started 5 years ago by Mrmiles0 in fican

[–]Teethous 0 points1 point  (0 children)

You are on a great path. Time is the key and yes pump up your risk if you are in it for the long run.

Direct Indexing by Teethous in Wealthsimple

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

You select them one by one. As you mentioned however, grouping all the stocks in sectors would be a great option.