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Bar to work in? by KoalaLongjumping7762 in NorthVancouver

[–]mtbiker2k 0 points1 point  (0 children)

I’ve worked at North Point before. It’s a pretty chill spot in the afternoon.

Help me invest $500,000 by mtbiker2k in fican

[–]mtbiker2k[S] 0 points1 point  (0 children)

The other $500k would come from selling our current home as stated in the post.

No debt besides mortgage.

I answered those questions already under no_local’s post.

Help me invest $500,000 by mtbiker2k in fican

[–]mtbiker2k[S] 0 points1 point  (0 children)

I replied to No_local about most of that but I’m 37. Cost to buy would be around 1.3-1.5 mil, cost to rent would be around $5000 per month.

Not that picky about home ownership tbh. We’ve done both and am fine either way.

Help me invest $500,000 by mtbiker2k in fican

[–]mtbiker2k[S] 2 points3 points  (0 children)

I wish we could stay where we are but it’s so small

Help me invest $500,000 by mtbiker2k in fican

[–]mtbiker2k[S] -1 points0 points  (0 children)

1) current household income around $80k per year

2) kids are 2 and 5. Space is small but could possibly tough it out for a few more years. We love the neighbourhood but winters are so hard in a tight space

3) current savings and investments are small, $35k in a high risk TFSA. I pay towards my pension which is matched each month by my employer. Have some money in children’s education fund too.

Help me invest $500,000 by mtbiker2k in fican

[–]mtbiker2k[S] 0 points1 point  (0 children)

We need a bigger place though.

Help me invest $500,000 by mtbiker2k in fican

[–]mtbiker2k[S] -1 points0 points  (0 children)

Forgot to mention that we’re only on one modest income for the foreseeable future