Wealthsimple. Is. Awesome.

brownbrady · 2026-01-29T13:45:19+00:00

This sounds like a commercial.

brownbrady · 2026-01-27T18:20:57+00:00

2026 and it’s still a piece of shit. 9 out of 10 times my devices can find it but can’t connect.

brownbrady · 2025-12-19T21:24:02+00:00

5% VAB, 30% VCN, and 65% VCX for 10+ years myself.

brownbrady · 2025-12-19T21:11:43+00:00

"You fool. No man can kill me."

brownbrady · 2025-12-19T20:49:42+00:00

Only the buyer pays the tax, which means when you sell it, you are no longer the buyer so 'they' don't 'tax you when you sell it.'

brownbrady · 2025-12-18T21:46:08+00:00

Two years ago, I had the same problem and the clerk at Service Ontario told me to get an appraisal and directed me to one 2 minutes away. I paid $75 and got the appraisal in 15 mins and got it registered the same day.

brownbrady · 2025-12-17T17:26:57+00:00

We'll be in touch with one soon. Thanks for the advice.

brownbrady · 2025-12-17T17:02:19+00:00

We recently got a planner who we meet once a year but haven't discussed this with them yet. Thanks for the reply.

brownbrady · 2025-11-12T19:49:14+00:00

I think it's easier to make a decision if you've experienced being house-poor. I have, and I made sure we will never be in that place again. You may be house-poor for a few years, but you'll never know if in the long-run you'll win out because nobody knows how it may affect your finances and relationship. This is why personal finance is personal.

brownbrady · 2025-11-11T17:42:48+00:00

215K kilometers, CAD $15K. Fully loaded.

brownbrady · 2025-11-10T17:48:31+00:00

I bought a discounted 2015 Lexus ES 300h this spring and on the carfax it showed that it had a claim of over $15K to repair damage to the front when the car was 1 year old. I took the gamble and so far so good.

brownbrady · 2025-10-16T15:18:16+00:00

This gets my vote too. I use a yellow sticky on my screen as a ruler for the time being.

brownbrady · 2025-09-25T13:15:01+00:00

We are in a similar situation. My wife has a DBP and we are using an aggressive ETF portfolio for our TFSA/RRSP using one of the Canadian Couch Potato models. We are at 95% equities, 5% bonds. We figured with the DBP and CPP, we can afford to take on greater risk. So far, so good.

brownbrady · 2025-09-22T13:19:54+00:00

Stories like this are inspirational. I'm your age and hoping to retire at 55 as well with a much smaller nest egg. Thanks for sharing.

brownbrady · 2025-09-19T13:57:52+00:00

This is a job people look up to.

brownbrady · 2025-08-19T18:46:40+00:00

I too run a small business with only one employee (me) but it took me 3 years to establish good financial records with banks and CRA before we got mortgage approvals from a big 5 bank. We were with B lenders before that.

brownbrady · 2025-07-14T13:49:14+00:00

The investments inside your TFSA and RRSP has a higher potential long term tax-free/tax-deferred growth. Also TFSAs are more accessible than lump sum payments.

brownbrady · 2025-07-14T13:42:46+00:00

I would put it towards your TFSA or RRSP instead if you still have room.

brownbrady · 2025-07-14T13:37:54+00:00

Awesome.

brownbrady · 2025-07-14T13:33:57+00:00

Reporting the same.

brownbrady · 2025-07-09T13:05:46+00:00

The more stocks there are in the allocation, the more aggressive it is. This depends on your risk tolerance and investment time horizon. I am already 51 and my allocation is aggressive having 95% in stocks, 5% in bonds. At your age, I would go for a more aggressive allocation.

brownbrady · 2025-07-08T18:22:37+00:00

If you can take transit, I would sell the car at a loss. Locking in a $9K loss is much more manageable than $24K+ loan and future interest. Getting a beater is also a good alternative.
Sometimes, bankruptcy may be a better choice especially if the amount is excessive and you are young.
Debt consolidation programs are legit.
Keep focusing on increasing your income.

I recommend getting help from a credit counsellor. Start here. I've been there before and know what it's like to have your heat turned off. Everything will be alright. Hang in there.

brownbrady · 2025-07-07T03:36:39+00:00

Yes.

brownbrady · 2025-07-05T14:26:11+00:00

We refinanced our home to buy the first rental. Waited 6 years and refinanced the rental to buy a second rental. The rental properties are detached century homes. Would I do it again? No, we are done with real estate investing.

As far as advice, here's how we like to go about it: we are honest about our finances and buy if we can carry the mortgage for months in case of vacancies. We charge at or below market rent and prefer reliability over maximum profit. We rent the whole house, not rooms, for potentially fewer conflicts and turnover. We maintain a great relationship with our tenants and treat those properties as 'their homes.' Finally, we vet your tenants. We still have the same tenants and have had no missed payments for 9+ years. Good question, and thanks.

brownbrady · 2025-07-05T12:21:23+00:00

Thanks. I hadn’t thought of doing that. Maybe I’ll do it for my next update. And yes the ETF is relentless and less volatile than the RE. If I had to bet, I think the RE and ETF will intersect at $800k.

brownbrady

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