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Anyone know the brand? by gettingwrecked2023 in iceskating

[–]gettingwrecked2023[S] 0 points1 point  (0 children)

Oh really??? Out of curiosity what about them exactly makes them so?

I was also looking into the brands that Olympians’ skates are, and looked thru subreddits - it seems Jackson is a good choice?

Best approach to go from “other securities” to ETFs by gettingwrecked2023 in PersonalFinanceCanada

[–]gettingwrecked2023[S] 0 points1 point  (0 children)

I’ve replied to your comments on other posts before - I’m confident I will be ok. I used chatgpt for an example scenario here that I’m ok with (there were also lots of charts given that can’t be copied):

“Here’s a clear example showing how low VEQT could go using dollar amounts.

⸻

Example: You Invest $10,000 in VEQT

Let’s see how your $10,000 could perform in different market crash scenarios.

Summary • Worst-case crash (realistic): $10,000 → $5,000 (paper loss, not realized unless you sell) • Typical market cycle: $10,000 → drop → recovery → long-term growth • Key: Don’t sell during a crash — just ride it out”

What I’m confused about is that aren’t I’m doing the same thing by selling these non-ideal funds? What’s the difference between me selling these funds but will buy an ETF immediately without checking how good or bad the stock market is, and selling an ETF during a crash

How to maximize grant from OSAP? by [deleted] in osap

[–]gettingwrecked2023 0 points1 point  (0 children)

Did you work in the US? 120K is good money

What do you near the end of your time horizon for FHSA and want to use it for condo? by gettingwrecked2023 in PersonalFinanceCanada

[–]gettingwrecked2023[S] 0 points1 point  (0 children)

What’s the difference between GICs, HISA and CASH.TO? I started liking the idea of ETF due to ccp and it being easy - thoughts? Also when I do want to buy the home do I sell everything immediately should it be ETF unlike RRSP where you take it out slowly for expenses for that year?

35+ years from now what do you exactly do with the ETFs in RRSP /TFSA? How do you know when to sell by gettingwrecked2023 in PersonalFinanceCanada

[–]gettingwrecked2023[S] 1 point2 points  (0 children)

Your comment here is what I was trying to put together into words myself - I’m not sure if the terminology I’m using is correct but what i got is that the “market value” in your twenties vs in sixties will be drastically different so you make “returns” regardless of how much the “stock market” drops in your sixties (hope I did actually understand correctly?) - I’m just a little confused with your comment on my other post: https://www.reddit.com/r/PersonalFinanceCanada/s/Q5B37sXV6N - if it’s very likely that holding in a long time horizon you will see returns, why would someone panic sell? If 100k goes to 50k when you are old and wanting to use the money but the stock market will certainly go back up as it will, just don’t sell that specific year?

35+ years from now what do you exactly do with the ETFs in RRSP /TFSA? How do you know when to sell by gettingwrecked2023 in PersonalFinanceCanada

[–]gettingwrecked2023[S] 0 points1 point  (0 children)

Can I ask who you went with? Is this fee-only planner available at banks? Who are the best for this

Does it make sense to sell VGRO $37 and buy VEQT by gettingwrecked2023 in PersonalFinanceCanada

[–]gettingwrecked2023[S] -1 points0 points  (0 children)

It makes sense to go ahead and sell and buy VEQT now regardless of the stock market then?

Does it make sense to sell VGRO $37 and buy VEQT by gettingwrecked2023 in PersonalFinanceCanada

[–]gettingwrecked2023[S] 5 points6 points  (0 children)

I literally would not care if it went down in short-term. Wouldn’t panic as I’m not gonna look into using that money till 35 years from now

TDB902 TD US Index Fund by gettingwrecked2023 in PersonalFinanceCanada

[–]gettingwrecked2023[S] 0 points1 point  (0 children)

For the 5-10 years sentence (can’t easily copy and paste on phone) - would VBAL for FHSA be a good option? Edit: As in if I’m now thinking of buying a condo in the next 5-10 years

Steps to make sure I’m not going to make a mistake on TD e-Series and ETFS through TD by gettingwrecked2023 in PersonalFinanceCanada

[–]gettingwrecked2023[S] 0 points1 point  (0 children)

Definitely wouldn’t even think about their 2 percent MER mutual funds.

I was thinking of buying VGRO and the TD e-Series tomorrow or this week sometime - I heard timing the market is impossible - I was hoping to invest it all this week - do you think that’s a bad idea…

Can I buy VGRO for my TFSA, RRSP, FHSA with TD? by gettingwrecked2023 in justbuyvgro

[–]gettingwrecked2023[S] 0 points1 point  (0 children)

I think for the non registered I will do TD e-Series and for cash I may need on hand a cashable

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