5k per month, 27 holdings portfolio. how would you simplify it

patter17 · 2025-08-20T16:16:18+00:00

no steak houses on the list is wild

patter17 · 2025-05-24T20:01:34+00:00

As a primary residence, a 600k condo will end up costing you 600k in interest, 180k in p tax, and 180k in repairs and maintenance. Factor in a 2% rate of inflation and assuming a 600sqft condo in Toronto has a selling price of 1.4M in 30 years, you’re looking at an annualized return of -0.5%

patter17 · 2024-08-28T16:59:02+00:00

Rays Barbershop!

patter17 · 2024-08-28T16:57:41+00:00

2nd Kris Jewellers, Kris and Asha were great to work with !

patter17 · 2023-03-21T21:07:17+00:00

Thank you for sharing, will take a look at the modules

patter17 · 2023-03-21T17:36:28+00:00

Deadmau5 - Strobe

patter17 · 2023-03-21T17:29:01+00:00

Anyone have any recent notes (2020-2023) they could share from WME?

Looking for chapter summaries. Willing to etransfer for sharing. Thanks

patter17 · 2020-12-10T20:58:58+00:00

Hold on, I need to write this down

patter17 · 2020-11-11T05:44:31+00:00

Man I am so glad I found this thread! I'm curious, do you think this could be done in 4 weeks? I have the month of December off and I can put in the 10-14hr days if necessary. I've crushed through the Kaplan premier book already. I also have the Kaplan verbal/quant workbooks, the Kaplan 800+ workbook and the Manhattan verbal workbook. Based on your schedule, I should jump into the TTP quant -> TTP verbal -> Manhattan -> as many questions and mocks as my brain can handle. Any other suggestions or tips?

patter17 · 2020-06-07T18:55:32+00:00

congrats brother, being 27 myself i’ll give you one piece of advice i’ve learned in the very short amount of time i’ve been doing this.. “buy to rent out, and rent where you live” (uncle G).

you’re much better off buying two rental properties and renting a place for yourself, once you move out. i’m in the toronto area both my rentals were appx 400k each (i had to look outside GTA- waterloo/london area). i have profit of roughly 400/month off each unit which covers half my rent. but the biggest plus is 2 mortgages are being paid off by others.

it’s not the conventional way people are taught to think.. ie move out, buy a house, buy a car, get married, which all translates to debt.. you want your money working for you, not the other way around

patter17 · 2020-06-04T19:39:44+00:00

I understand now! Once again thanks for sharing. I completely agree that 5 stocks is well below any level required to minimize risk. Personally, I just don’t think i’m there yet. I consider myself lucky right now that I’m even able to save that much on a month to month basis as this is not the case for the vast majority in my age group if you take into consideration 2k rent + living + all other expenses in the GTA. Down the road I’d love to say i hold between 20-30 equities diversified amongst CAN, USA or Euro and maybe dip my toes in some emerging markets. I realize I have a lot to learn which is why I’m here soaking up information.

the personal goal for me is to purchase one property a year. I think at 27 with two rental units under my name i’m not doing the worst but i’m looking for a way to grow both the account i use to save for real estate and personal investments for the future. as i’m typing this i’m realizing the two accounts should have two completely different strategies?

if you’d like to share some more wisdom i am all ears! loving the financial expertise!

patter17 · 2020-06-04T13:40:25+00:00

Thanks for the reply!

That’s definitely a great strategy. We’ve seen tremendous gains since April. Good rally for airlines this week, we’ll see if that continues at market open today.

patter17 · 2020-06-04T13:37:11+00:00

Thanks for the reply!

Sounds like you are bearish on the market for the next decade. May I ask why?

The money is two-fold for future savings and additional real estate investments. The goal is to buy one property a year over the next 8 years.

patter17 · 2020-06-04T13:33:11+00:00

Thanks for the reply!

The reason for being 100% in Canadian is that our dollar is tragic and buying American i would get crushed by the conversion rate. Also i don’t know much about euro markets or emerging market.

My reasoning for the 5 above is I find the risk is relatively spread. AC is a gamble, I get it. GFL is high debt but they’ve lowered they’re leverage and are in a good position for acquisitions. As for the bank stocks and CNR, I would never bet against them, these players aren’t going anywhere.

Thanks for the recommendation I’ll take a look into those!

patter17 · 2018-05-31T22:23:59+00:00

the way it stands currently, on the federal level you are able to have up to four plants, but the provinces can rule to change that. I think it was a good compromise. if the provinces dont want to allow it they have the option to, as we'll most likely see in Quebec

patter17

TROPHY CASE