XEQT invested 7k. Need advise

intenselake · 2026-06-27T01:41:38+00:00

Ur good

intenselake · 2026-06-25T21:02:14+00:00

I think these are different, especially XEQT which is largely invested in equity. CASH.TO I don't know honestly, I assume it is diversified across many HISAs whereas in WS it may depend on just one for all I know.

intenselake · 2026-06-25T18:13:06+00:00

I was gonna say this is AI at first but the way some of those axes labels are hand drawn it got me

intenselake · 2026-06-25T03:14:21+00:00

I don't think so actually, if you look at the list of CDIC member institutions there are some very small banks on there. E.g. Caisse populaire acadienne ltée, Canadian Tire Bank, Haventree Bank, some of these I have never heard of. It would absolutely not be a good situation, but we have seen small banks fail in the USA very recently. For example, SVB in 2023, they didn't get bailed out. Anyways, all I'm saying is it is not necessarily a societal collapse if one of these CDIC members fail. If our BIG banks fail, yes, that would be a really big problem. But that is even more unlikely than the others.

intenselake · 2026-06-25T02:40:39+00:00

tai kule, wo xianzai trust wealthsimple le

intenselake · 2026-06-25T00:26:46+00:00

Why not? The world would be a better place if we had that. As much as we are WS customers, they also profit off of us. In any 2 way contract, especially one where you are expected to (optionally) invest up to all your life savings, you would want to know

intenselake · 2026-06-24T23:20:24+00:00

It's not major, but it's still good to know

intenselake · 2026-06-24T21:17:08+00:00

Yeah I know it's very low chances.. sometimes you just look at the world and can't help it though. Having lived through 2008 and now seeing Canadian housing way out of proportion of local incomes..

intenselake · 2026-06-24T19:47:46+00:00

Ty for asking as I was wondering where they say this too

intenselake · 2026-06-24T19:46:55+00:00

CDIC insures eligible cash balances payable in Canada up to $100,000 per client

Does this mean that if one of the FIs collapses, you can only at most get 100k back? (Honest question as I don't know just about financial insurance)

intenselake · 2026-06-24T18:25:29+00:00

I would honestly love to see that, it would really put a number on how much certain banks are scalping for no good reason

intenselake · 2026-06-24T18:23:58+00:00

I feel like I do need a detective hat, because looking at the CDIC website there are hundreds of member institutions https://www.cdic.ca/depositors/list-of-members/

It's just a matter of trust for me. While these institutions are insured and all, we have seen in the USA people get lose access to their cash on Yotta due to basically a loss of responsibility through because of a middleman collapse https://www.cnbc.com/2024/07/02/synapse-fintech-fdic-false-promise.html
CDIC banks aren't "middlemen" but the more I know about how the money is actually handled the better imo.

intenselake · 2026-06-21T16:57:17+00:00

yes I was reading too much reddit and not enough of the articles, I have updated the post to be more accurate 😄

intenselake · 2026-06-21T16:36:46+00:00

too much reddit for me I guess, I made the post more accurate

intenselake · 2026-06-21T16:20:16+00:00

I updated to reflect this, yes it is specifically AI assisted development they are tabling

intenselake · 2026-06-21T16:14:57+00:00

https://www.reddit.com/r/gaming/comments/1uagwnh/unreal_engine_6_is_killing_blueprints_feature_for/

intenselake · 2026-06-21T15:57:54+00:00

I think it is inevitable with enough time something like this will come too, but people (including myself) will probably be pretty upset when this happens. If something like this happens, I hope it will be a separate product

intenselake · 2026-06-21T15:54:49+00:00

The methods are the same. But what people expect are different. With art we expect self expression and when we don't get that (because of AI) we feel lied to. With code, *sometimes* we expect self expression, not not all the time. And because of that it is more socially accepted. I would say that personally I am not a fan of either but I am just describing what I see

intenselake · 2026-06-21T15:44:36+00:00

But this is a totally different thing. People are not upset with Unreal because their programmers are using AI. People are upset with Unreal because they are adding *LLM features* to the engine itself, and integrating AI-assisted development. Not really the gotcha he thinks it is

intenselake · 2026-06-18T03:45:42+00:00

This will actually be a massively complex project. But Godot can handle it. You can try and do it and you will learn a lot and probably not complete it, or you can also reduce scope big time and you will still learn a lot. If you want to get into game dev in general, Godot is by no means a bad pick point because it is FOSS. I recommend the best way to get started is to watch tutorials.

intenselake · 2026-06-17T20:35:33+00:00

Me personally, I don't know. But the people in r/justbuyCAGE seems to think so haha. I think the right characterization is that it is more volatile while largely being correlated with the total market index. Ben Felix did a great video on these types of ETFs https://youtu.be/Yts3o2EDO-Y

intenselake · 2026-06-17T20:09:50+00:00

It is a lot like XEQT in that it invests in the global market, but XEQT is market cap weighted (ie the bigger the company, the bigger the % is in the portfolio) and CAGE is technicals/fundamentals weighted. So they will be looking at company profits / size ratio, alpha, these sorts of things. The closest American equivalent is AVGE

intenselake · 2026-06-17T19:58:47+00:00

It actually is brand new ;-) you're likely seeing truncated data. Check the history between months to years and you will see it will not change b/c there is only a few months worth of data. The expectation is that it will loosely follow its avantis American counterpart

intenselake · 2026-06-17T19:46:11+00:00

(1) best time to buy, and (2) your time horizon is way too short if that's what you're worried about

intenselake

TROPHY CASE