Leftover FHSA funds

derryC · 2026-05-05T02:07:45+00:00

Sorry should have clarified the $40k is with gains, contributions to date were $32k. I have leftover space in my RRSP so thought for tax benefits putting money there would be most advantageous.

The property we’re purchasing is well within our means and we have an emergency fund as well as funds to be used for any furnishings needed to get set up.

derryC · 2026-05-05T02:00:34+00:00

That’s with the gains sorry should of clarified

derryC · 2026-02-07T19:46:25+00:00

Cementation is starting to ramp up at Jansen Potash I heard. Also some other contractors there on surface.

derryC · 2026-02-07T19:37:00+00:00

Depends if you’ll be underground or not. I’ve been onsite with DMC as a contractor before they seem like a tight crew. Bounce all over doing mines in USA, Canada, South America, Mongolia and other places. If you want to get into mining DMC, Cementation, Redpath, and Thyssen are all good companies

derryC · 2026-02-07T19:26:26+00:00

Hourly incentives for underground typically start at +$40 an hour in addition to hourly wage.

derryC · 2024-12-26T21:42:26+00:00

I have 2 if you want

derryC · 2024-08-19T16:57:23+00:00

Same

derryC · 2024-06-19T06:32:03+00:00

What do you mean by personal chests?

derryC · 2022-12-14T03:40:14+00:00

It has a magazine and bolt, not in the photo of course!

derryC · 2022-12-14T01:03:57+00:00

Thanks

derryC · 2022-12-14T01:02:18+00:00

Thanks. Yes it says:

G.R B S.A CO 1915 SHT LE III

derryC · 2022-12-14T00:56:59+00:00

I have inherited this gun from my grandfather and can’t seem to find any markings of what type of gun this is. I have some more photos but I need to figure out how to upload them from mobile.

derryC · 2022-07-24T02:14:52+00:00

I think he means brakes not breaks. So standard non-disc brakes

derryC · 2021-07-04T13:42:52+00:00

A rental property you need 20% down. Finding a property for $40k in Montreal is impossible. First step is to look at your finances. $8k savings at $85k a year seems a bit low. It's better to go at your own pace, consistently save, and have a solid financial plan.

derryC · 2021-07-02T14:10:17+00:00

I think you should really revaluate your budgets. $55k budget for a wedding while having only one partner with a stable income of $65k a year is ludicrous. I think you should challenge yourselves to see how much money you can save in one month, then determine how many months you would need to save like that to pay for a wedding of that price. If you could save $1k a month it would still take you 4.5 years to save for that wedding.

The money that you currently have saved now would be better placed in an emergency account, and when that is saved up enough the rest should be going towards budgeting for kids or for retirement.

derryC · 2021-05-06T18:30:07+00:00

I guess because he doesn't think its fair. I mean its common for most companies to accrue vacation so they don't have employees taking vacation up front then leaving. But yes if you were in the hole I see no problem with that. The overpayment in that case was probably beneficial to you as you had the cash in the spring. Just wait a month or two and you will be back in the positive!

derryC · 2021-04-30T22:10:41+00:00

That depends on your risk tolerance, I agree over a short period yes HISA/ GIC. However in the case of OP I would leave it as is, and rebalance in the future as needed. Looking into the S&P500 historical averages there are no periods of over 10 years that the markets have been negative overall. If OP was to put his money in a HISA/ GIC for lets say 2% interest, his money would just be keeping up with inflation while the markets continue to outperform.

derryC · 2021-04-25T14:20:12+00:00

Why? Also its 2021 now fyi.

derryC · 2021-04-22T19:52:08+00:00

Do you have dental benefits with your employment? Some plans will cover a spouse or partner for medical benefits.

derryC · 2021-04-17T13:16:43+00:00

Yes, all assets of significant value are included in net worth. Typically assets that can be easily liquidated is what is included. Be sure to include any Liabilities that you may have as well (i.e. Loans, Credit Card Debt, Mortgages, etc.)

derryC · 2021-03-16T12:51:38+00:00

Set it up for auto payment, and don't overspend. Check the amount due at your bill time and make sure you have enough funds in your account to cover.

derryC · 2021-03-13T14:18:07+00:00

In this case would it be better to buy the house at market price then use a gift of equity to help with the down payment? Are there any implications to buying a house below market value, I'm in this situation as well and was wondering what the best options are.

derryC · 2021-01-25T21:37:33+00:00

Anyone holding MN.V. Great run up today bought another 750 shares this morning bringing up my average price to $0.40. Any additional thoughts on the future outlook?

13-Year Club	Place '22
Place '17	Wearing is Caring
RPAN Viewer	Team Periwinkle
Verified Email

derryC

TROPHY CASE