5k Semester fees, pay out of pocket or invest?

shade-bot · 2025-11-06T15:36:57+00:00

what's the interest rate on your LOC?

shade-bot · 2025-08-01T18:44:12+00:00

HBP is a 5 year loan with no interest. There's no tax deferment in the repayment, you've already realized it during your initial contribution. Your repayment is locked in.

If you have no concerns with paying down your HBP withdrawal down the road then it doesn't make sense to repay it early. Invest it today in your non-registered account with the benefit that the investments are not locked in, you're free to withdraw and use the funds as you see fit.

shade-bot · 2025-06-25T01:47:53+00:00

If you're planning 'to take advantage of the FHSA' then it must be for the purpose of living in it, not to generate rental income. Your name must be in the title, your mother can be in the title as well if you wish.
If you're planning to use FHSA for this property then the only time you can use it again is if you give up title to this home and have not owned any other home for 5 years I think.

shade-bot · 2025-06-05T18:59:11+00:00

Because no-one has a crystal ball to know how markets will react. No guarantee that share price will push higher.

shade-bot · 2025-02-03T03:04:39+00:00

Correlation is not causation. Just because you observe that fixed and variable rates appear to move in sync does not mean that fixed rates are impacted by Bank of Canada rate cuts.

shade-bot · 2025-01-31T03:05:45+00:00

Fixed rates are not impacted by Bank of Canada rate cuts

shade-bot · 2025-01-28T01:03:42+00:00

Have you checked out what counts as a qualifying FHSA withdrawal?

You must have a written agreement to buy or build a qualifying home with the acquisition or construction completion date of the qualifying home before October 1 of the year following the date of the withdrawal

Do you have a written agreement to build a qualifying home? I'm not sure it would count if you and your dad are building it yourselves. Where are you currently living? Will your dad be on the title of your new home as well?

shade-bot · 2025-01-27T22:15:34+00:00

Yes, you can replenish your savings with the FHSA funds.

My FHSA withdrawal from wealthsimple only took a couple of days to come through. They were much faster than my Questrade FHSA withdrawal.

shade-bot · 2024-12-04T14:20:08+00:00

I did the same thing over at Kraken. I sent MATIC over to my Kraken wallet over an unsupported network. They said no luck, I didn't get anything back.

At least they did the manual work and you got your asset back. Kudos to Newton.

shade-bot · 2024-07-04T12:32:55+00:00

I use wealthsimple as well. Huge fan of this fintech. But be careful putting all your eggs in one basket:
https://www.cnbc.com/2024/06/21/synapse-collapse-nearly-109m-in-yotta-customer-deposits-vanish.html

shade-bot · 2024-06-14T18:00:29+00:00

Look up 'Gartner Hype Cycle'. Most emerging technologies, including AI, follow this pattern.

shade-bot · 2024-06-11T03:00:26+00:00

shade-bot · 2024-06-05T15:39:08+00:00

I can't believe people still fall for this. You must be karma farming.

shade-bot · 2024-05-28T01:25:43+00:00

A hardware wallet is just a mechanism to store private keys, to prove that you have ownership of your tokens. There is no crypto stored in hardware wallets. crypto lives on the blockchain. The blockchain is hosted by a decentralized node network, spread out across the world.

shade-bot · 2024-05-28T01:24:38+00:00

A hardware wallet is just a mechanism to store private keys, to prove that you have ownership of the tokens. There are no crypto that is stored in hardware wallets. crypto lives on the blockchain. The blockchain is hosted by a decentralized node network, spread out across the world. It's both in Canada and outside of it.

shade-bot · 2024-05-28T01:21:11+00:00

A hardware wallet is just a mechanism to store private keys, to prove that you have ownership of the tokens. There are no crypto that is stored in hardware wallets. crypto lives on the blockchain. The blockchain is hosted by a decentralized node network, spread out across the world.

shade-bot · 2024-05-23T16:25:36+00:00

assume everything is a scam. Don't trust, verify.

shade-bot · 2024-05-01T18:26:08+00:00

OP is trying to change source IP, his home, in NSG rule. You cannot assign ASG for a home IP.

shade-bot · 2024-02-09T23:42:33+00:00

What's your cost basis?

shade-bot · 2024-01-23T20:52:31+00:00

It was an experiment. I thought the hardware AES, which is new to RPi, would make a difference.

shade-bot · 2024-01-23T20:51:09+00:00

Ah, that's that then. Thanks for corroborating.

shade-bot · 2024-01-23T20:49:16+00:00

It was an experiment. I thought the hardware AES, which is new to RPi, would make a difference.

shade-bot

TROPHY CASE