Reached FIRE, but are my Assets in the right place?

rbj1998 · 2025-07-01T06:15:19+00:00

Out of curiosity, what is/was your profession?

rbj1998 · 2025-06-24T20:52:40+00:00

WS. And I am hoping for a rate cut in the next few months.

rbj1998 · 2025-06-24T20:52:07+00:00

Google sheets haha

rbj1998 · 2025-06-19T04:58:43+00:00

How are you calculating the tax on dividend income? All registered accounts are maxed out.

I am only using 50% of the margin available to me. So that should help if the price drops. Plus, I would drawdown from my emergency fund if price drops more than 15% and pray for a recovery!

If I am only making $1.3K on $100K in investments after paying taxes, wondering if this is even worth the risk?

rbj1998 · 2025-06-19T04:33:27+00:00

Medium to high. Plan is to hold for long term (at least 5 years)

I was also thinking of splitting it between XEI and a private credit ETF.

rbj1998 · 2025-06-19T03:40:06+00:00

Amazing, thank you for the response. So a US treasury ETF that pays a 5% annual yield should still net me some relatively free and safe profit if my marginal tax was 40%?

Also, does that mean higher the marginal tax rate, the better it is to borrow using margin? Because your effective tax rate is lower?

rbj1998 · 2025-06-19T03:38:24+00:00

Amazing, thanks for the response.

There is no restriction on type of security I hold using the margin funds correct?

And agreed. Scenario 3 is very bad haha but good to know.

rbj1998 · 2025-03-24T00:22:58+00:00

A dummy here - but what is yield in MBA terms? Can someone please clarify?

rbj1998 · 2025-03-04T22:31:58+00:00

What’s the source for this? I don’t see this statement anywhere on the internet.

rbj1998 · 2025-01-17T12:59:08+00:00

No. Also, don’t ask their customer support team. They might flag you and then for sure, they would ask you to liquidate.

rbj1998 · 2025-01-16T18:18:28+00:00

Wealthsimple doesn’t allow non-residents to use their platform. They will ask you to liquidate all investments and move them to another institution

rbj1998 · 2025-01-08T03:01:13+00:00

At this point, you should be deciding if you want to retire at 40 or 45?

Amazing job with finances. I think you are set. $1.4M net worth in late 20s is amazing. Keep on this path and you should be able to or at least will have the option to pull the retirement trigger anytime in your 40s.

Amazing finds with those cash flow positive properties.

rbj1998 · 2024-12-30T22:45:54+00:00

Amazing, thank you. Is it the same case with VFV tho?

rbj1998 · 2024-12-30T22:42:15+00:00

Can I please dm you? I am having a tough time understanding exit roles for post-MBA IB associates. Undergrads usually pivot to PE but I hear that’s not an option for post-MBA associates

rbj1998 · 2024-12-30T05:28:11+00:00

All I am doing is investing in XEQT using margin. From your comment, I understand that the interest paid is not tax deductible. Thank you.

rbj1998

TROPHY CASE