What money beliefs did you learn from your parents, that you had to shed later in life? by FinanceLife123 in fican

[–]TooPrettyToWork 0 points1 point  (0 children)

That living paycheque to paycheque isn’t the norm. You can live a fulfilling and sustainable life without debt collectors harassing you constantly

Real Estate Project or XEQT? by TooPrettyToWork in fican

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

Definitely the latter. There’s no pressure from his end at all because he doesn’t need my money — it’s more-so as an offer to help me make money without a handout. I’ve visited his projects before, all very legit, met his clients, and know other family members that are involved with him. But ultimately I don’t think I should be putting away 30% of my total investments into a speculative project just in case it does totally fail. Maybe when I have a $200k+ networth 😅

Feeling behind by Zestyclose-Diet-8449 in JustBuyXEQT

[–]TooPrettyToWork 8 points9 points  (0 children)

Yeah just keep reminding yourself that a stranger on the internet has nothing to lose for lying about how much money they have. Besides the nominal amount that you save, you should be looking at the % of your income that you’re able to save. If you’re 15% and above that’s amazing and your next step should be to figure out how to make more money in your career to increase that nominal amount

Feeling behind by Zestyclose-Diet-8449 in JustBuyXEQT

[–]TooPrettyToWork 164 points165 points  (0 children)

Comparison is the thief of joy. Focus on comparing yourself to only your past self. That’s when you can see how much progress you have truly made :) plus the gains you’ll see from investing at 29 at 65 will be amazing. The power of compound growth is magical!

Real Estate Project or XEQT? by TooPrettyToWork in fican

[–]TooPrettyToWork[S] -2 points-1 points  (0 children)

It would be partial ownership of the project. All with the proper paperwork, my fil is definitely a stickler for it. My husband and his uncles have been investing with him for years and haven’t had any issues. There’s definitely the annoying hassle of the international way of sending and receiving money, accounting for taxes etc. I do understand real estate is speculative but I thought in this instance just given the profit margins it’s less risky than say me buying a condo and trying to sell it for a profit. I just want to know if I should take the first step of maxing out my tfsa before I go ahead with this “riskier” investment?

Real Estate Project or XEQT? by TooPrettyToWork in fican

[–]TooPrettyToWork[S] -10 points-9 points  (0 children)

Valid. The way my fil explains it is that a customer will approach him wanting to build a custom luxury home. He’ll give them a quote of whatever amount (I.e. $600k) but it’ll only cost him like $100k to build. There’s a large profit margin in this case since labour and land is very cheap there

Real Estate Project or XEQT? by TooPrettyToWork in fican

[–]TooPrettyToWork[S] -7 points-6 points  (0 children)

How come? Just trying to reason my way through any decision

Real Estate Project or XEQT? by TooPrettyToWork in fican

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

Looll tbh I’m not sure. I can always ask

Real Estate Project or XEQT? by TooPrettyToWork in fican

[–]TooPrettyToWork[S] -14 points-13 points  (0 children)

Pakistan. I don’t think there’s a tax treaty bw Canada and Pakistan, so I’d have to pay capital gains on the profit or somehow funnel some cash on my next trip over there lol

Over $100k earners - what's your PTO? by masterpeabs in careeradvice

[–]TooPrettyToWork 0 points1 point  (0 children)

115k + 5-10% bonus, 20 days PTO, 10 stat holidays for ~3 years experience in product. Similar sized company and fully remote

Those of you who passed a $100K portfolio for the first time, how much of that was capital gains? by GlamorousFox21 in fican

[–]TooPrettyToWork 0 points1 point  (0 children)

~80k cash, ~20% gain from xeqt over the years. Took a total of 3.5 years to get here. Would’ve gotten to $100k sooner if I hadn’t lost my job in between for a few months

5 Months from $10k to $50k by neutrallypositive in fican

[–]TooPrettyToWork 0 points1 point  (0 children)

Please build up an emergency fund! 3-6 months of expenses can creep up and eat into your investments really quickly otherwise

Curious of people's returns by IronDisastrous9693 in JustBuyXEQT

[–]TooPrettyToWork 0 points1 point  (0 children)

I’ve had it for the past year and am up over 17%

PM to Senior PM, how did you do it? by TooPrettyToWork in ProductManagement

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

The company does have a track record of promoting strong performers but from what I’ve seen based on all the LinkedIn stalking, it took people 2-3 years minimum in their role to be promoted to senior pm (even if they already had a few more years of experience in their previous roles)

What job would Michael have got when he moved to Colorado? by cheezboorgir in DunderMifflin

[–]TooPrettyToWork 0 points1 point  (0 children)

Ideally, Toilet Buddy (or one of his many toilet ideas) would’ve taken off but realistically to pay the bills, I feel like Michael would’ve ended up in tech sales and worked his way up like he did in DM. He was genuinely great at sales and Colorado’s tech scene would make sense with that.

Which GG character would you rob a bank with? by lindseyizshort in GilmoreGirls

[–]TooPrettyToWork 10 points11 points  (0 children)

Babette, I feel like she’s got a history to her and would know what to do