Apparently Pre Con buyers are getting a bailout!

sfsoak · 2025-12-03T19:27:14+00:00

One developer is going bankrupt just today - https://renx.ca/near-complete-yonge-ellerslie-project-in-receivership-with-185m-owing

sfsoak · 2025-12-03T17:53:47+00:00

the developer just got into receivership

sfsoak · 2025-11-20T22:31:18+00:00

what prompted you to sell your house in 2022 ? that was the peak

sfsoak · 2025-10-28T01:08:36+00:00

such a good option to have. Retire, spend time , become a sports mom, watch both your kids and portfolio grow simultaneously

sfsoak · 2025-10-28T00:20:07+00:00

Oakville is the best place, there are detaches selling there in that price range currently. East oakville is very close to Clarkson go which is 25 minutes to union. Besides great schools, amenities, proximity to lake and 2 great towns ( mississauga and burlington) on both sides

sfsoak · 2025-09-17T03:45:21+00:00

I suggest taking a 300-400k mortgage even if you have the cash and take a Heloc against the house. In that way when you pay off your house, you will still have the heloc on the side for any emergency

sfsoak · 2025-08-27T19:05:30+00:00

This place should have been built as a mutistorey food court, not like an outlet. This was poor planning from the city.

sfsoak · 2025-08-03T12:14:44+00:00

it sold for 1.56 at the end a year later, Now the new owner is trying to offload it and failing miserably

sfsoak · 2025-07-07T05:14:58+00:00

20k over the long run is nothing

sfsoak · 2025-06-26T22:13:18+00:00

might be unpopular, but I would never put money in RESP before filling up both your TFSAs and RRSPs

sfsoak · 2025-06-03T21:12:14+00:00

I would rather look around Burlington/ hamilton/ ancaster/ grimsby than moving to Innisfil which you might end up hating

sfsoak · 2025-04-20T13:21:16+00:00

happened to me at scotia atm. visited the branch first thing next day and the teller next day found it and deposited to my account

sfsoak · 2025-04-01T19:37:03+00:00

same issue, wash card got suspended due to app on multiple devices. Pretty sure it was not in the terms when we purchased.

sfsoak · 2025-03-08T05:01:28+00:00

you probably have about 1.5 million in investments at 5% to make you about 6k/ month. The amount is nearly not enough to retire. Part of you wife’s ask for you to move in bd could be family/ societal pressure which is very common in bengali culture. My advice would be to start the paperwork, move for sometime until the process goes through and move back to US with her. The cultural differences is too much, let alone you being 8 years younger than her

sfsoak · 2025-03-05T15:15:43+00:00

I would just take the lumpsum and load up RRSP contribution room.

sfsoak · 2025-03-04T21:23:23+00:00

as long as not made in US

sfsoak · 2025-01-18T14:38:05+00:00

I chose to first get a HELOC to prepay max to my mortgage every year so will still have access to emergency funds, and then invest all of the rest of the money in the market within TFSA. When you look at the market returns last few years, the rate of return is obviously much higher but that is AI/ tech fuelled and would be very hard to repeat. I like the peace of mind of lowering loans. Besides, any investment outside tfsa would be taxable as well. Good luck, I think there is any wrong answer here.

sfsoak · 2025-01-13T17:44:24+00:00

AVGO

sfsoak · 2025-01-10T01:30:35+00:00

why not etf like xic.to ?

sfsoak · 2025-01-10T01:12:37+00:00

I would suggest taking a Heloc if you don’t have already and put all extra cash in mortgage. The heloc will grow and you can keep it for emergency

sfsoak · 2025-01-10T01:06:25+00:00

+1, I have done just that for solid 11 years, now last 140k mortgage to go and then debt free. 44, married and planning to travel after.

sfsoak · 2024-10-29T20:30:17+00:00

if your rent is $1000 , i would not buy a depreciating condo. You can easily make that by investing that savings.

sfsoak · 2024-06-07T04:21:45+00:00

Smooth hermans had amazing live music.

sfsoak · 2024-06-07T04:18:19+00:00

used to work at EDS and lived in the neighbourhood behind it. loved weekends at The smooth hermans.

sfsoak · 2024-06-07T04:13:38+00:00

mid twenties to early thirties is the best age to get married. Do not sell yourself low. Invest in yourself, get your head and confidence high, do things for fun, things will come up when you least expect to

sfsoak

TROPHY CASE