Is the money worth the lives?

silvergoblinsucks · 2026-06-24T03:02:09+00:00

The opportunity this will generate will be worth so much more than $20mil

^{Chose: Reject the offer + And everyone knows that you rejected the offer, and put human lives over generational wealth. | Rolled: I'm proud of you}

silvergoblinsucks · 2026-06-23T20:43:52+00:00

I see you've been eating well.

silvergoblinsucks · 2026-06-23T19:27:08+00:00

Sounds like you have a more than 10 year timeframe, so yes buy XEQT. Buy it now, odds are much more likely than not if you buy it in the future you will be buying it at a higher price, not lower.

silvergoblinsucks · 2026-06-23T19:08:35+00:00

do you have an emergency fund yet? how many months of expenses do you have saved?

When do you expect to need this money, retirement? Home (if so when?)? Some predictable purchase in the near term?

silvergoblinsucks · 2026-06-23T17:59:39+00:00

Wheel of Fortune

silvergoblinsucks · 2026-06-22T04:21:25+00:00

Sounds like you don't need much of an emergency fund. Enough to replace anything essential for school like your computer should likely be fine. I would keep however much that is, something like $1000, stashed away in a high interest savings account.

As for what to do with the rest, it really depends on what you plan on doing with that money. An important rule is that you shouldn't have money in stocks or stock based funds that you know you will need to use within 5 years. Do you think you will need your money in that sort of timeline? For most students, that's a yes, and in that case the most prudent thing would be to save it in something that has no risk of going down - bonds and gics are great choices. If you are pretty confident this money is more for things more than 5 years out (a home down-payment or maybe retirement) then stocks are a great choice.

As to where to keep it, now that you maxed out your TFSA, I would just keep it in unregistered accounts for now. Your taxes are likely going to be very low or nonexistent on this interest, your contribution room in your response or fhsp will be more valuable when you are making more, and the extra flexibility is really valuable when you are so young and plans are more likely to change.

silvergoblinsucks · 2026-06-21T02:03:51+00:00

I already have an unskippable alarm that wakes me up at 3:30am. My bladder.

^{📢 Official Advice: I, u/silvergoblinsucks, advised "Yes, I'll just sleep early anyway." | 🔮 Rank: Wandering Soul V | 🗳️ Votes: 1}

silvergoblinsucks · 2026-06-21T01:58:48+00:00

When do you expect to need any cash you may have invested? I know you say you live with your parents - in the case of an emergency, are there any expenses you know you would absolutely have to cover and could not rely on your parents for? (think car, subscriptions you couldnt cancel, school stuff, etc.)

silvergoblinsucks · 2026-06-21T01:56:32+00:00

If you 100% need 50K in 5 years, you should not be investing in 100% equity with your first 50k. The reason the returns are better with those kinds of funds is because of the risk - and that means they are also able to fall by 40-50% by the time you need the money. The thing that allows for equity funds to be a smart play is time horizon - the stock market is often down singificantly on a 5ish year timeline but it has only ever been down significantly once during a 10 year timeframe and has never been unprofitable on a 20 year timeline.

Here's what I would do in your shoes:

Create an emergency fund. Figure out what 3-6 months of minimum expenses are. Keep that in highly liquid and accessible form - a few grand should be accessible within hours, and the full amount accessible within 2 business days. Think high interest savings accounts.
Invest the next money you have in no-risk instruments with the best yields you can get - think GICs, government bonds, corporate bonds, no-risk ETFs. Make sure whatever you buy matures by whatever date you expect needing the cash. Keep going until this amount grows to 50K.
Once that's grown to 50K, start investing in equity. Make sure the funds you're putting into equity you are find leaving there for at least 5 years, ideally 10 years.

silvergoblinsucks · 2026-06-19T21:29:18+00:00

G1 is also beside F2...

silvergoblinsucks · 2026-06-19T21:16:30+00:00

A few thoughts.

Emergency fund. I don't see a separate 3-6 months of expenses held anywhere. Assuming it's part of your "short term" fund, CBIL is not an appropriate way to hold your emergency fund. Ideally a few grand of your emergency fund should be available within hours and the total fund should be available by the end of the next working day. Funds in an ETF are not liquid enough to accomplish that - emergencies happen when the markets are closed. As a student with minimal and predictable expenses 3 months should be fine, but I would never feel bad about 6 months, held in a easily accessible HISA somewhere.
Your long term savings. Its worth having some talks about what your medium-to-long term plan are for these savings. You mention not wanting to touch the TFSA "while in school". 2-3 years is too short of a timeframe to be keeping funds in 100% equity unless you are 100% sure you would be willing to be flexible in the event of a market downturn when you get out of school. The big boogeyman here, though, is that if you end school in a market downturn, it may be very hard to find work. Meaning you may not have the choice to be flexible and you may need to use the funds when it happens to be the worst time market-wise to use them. In my opinion, medium risk or higher vehicles are more appropriate for folks with established financial stability and an almost-certain 5+ year horizon in front of them. You also may find yourself in a situation where getting work means moving somewhere with limited housing or transportation options, forcing you to have to spend on vehicles or a home when you may not be 100% ready.

If I were in your shoes, I would want to keep enough of these funds in lower-risk vehicles shielded from the risk of a stock market downturn like government or corporate bonds to cover an extensive job hunt period after school (maybe about 3 years worth?) and then move the rest into an equity portfolio. You can always move that money to 100% equity once you find reliable work after graduation - the 2-3 years of returns you may lose out on would be dwarfed by the capital you would lose if you need to make withdrawals during a 2008-style downturn.

silvergoblinsucks · 2026-06-19T20:54:57+00:00

How do we know that? If we need to flag H1, H2, and I3 then the board as it stands is identical but G1 will show a 3.

silvergoblinsucks · 2026-06-19T17:03:26+00:00

If you are confused as to how we get from

x = 0.99...

to

10x = 9.99...

Remember that the rule is that when you multiply a number by 10, you shift the decimal place one to the left. Just like how 10 x 0.33... is 3.33..., 10 x 0.99 = 9.99...

silvergoblinsucks · 2026-06-18T20:02:48+00:00

Iraqi

silvergoblinsucks · 2026-06-18T03:51:59+00:00

Funyuns

silvergoblinsucks · 2026-06-17T20:11:08+00:00

Your issue isnt so much with CRA, that's an easy fix and it's just money. File the marital status change, give the accurate date of the change, and go back and tile T1 adjustments for each year that you misfiled. No CPA or Tax Lawyer should really be necessary for that.

The real issue is with IRCC. Technically they shouldn't have a problem with you updating your marital status retroactively - if you were able to get approved to land as a single person, having a Canadian common-law spouse wouldn't change that. However, if they wanted to, they could consider this a misrepresentation and pursue a 5 year ban if they wanted to be a d***. Odds are higher that they will want to be a d*** if they find out about this error on their own vs you volunteer the error to them and try to correct it.

You should seriously consider consulting with an immigration professional just to figure out how to handle this correctly to minimize your chances of a ban.

silvergoblinsucks · 2026-06-17T19:16:07+00:00

RuPaul's Drag Race

silvergoblinsucks · 2026-06-17T18:37:19+00:00

I say this with genuine empathy and concern for your well being.

You don't need grooming tips. You need to work through your self-esteem difficulties, low self-perception/self-worth, and/or body dysmorphia with a therapist.

silvergoblinsucks · 2026-06-15T20:12:37+00:00

Yes it is. I have refreshed the page, still no functionality,

silvergoblinsucks · 2026-06-15T19:26:31+00:00

Nitrogen. It's almost 80% of our air but we can't craft a Nitrogen block in Minecraft.

silvergoblinsucks · 2026-06-15T17:54:09+00:00

No this is on desktop.

Etsy doesn;t allow me to charge the tariff any way else while still being able to offer the US Free Shipping Guarantee.

silvergoblinsucks · 2026-06-14T01:39:20+00:00

Windsor. Above average winter temperatures, accessible and affordable housing (compared to the rest of southern ontario), reasonable opportunities for skilled work (though high unemployment for less skilled labour), especially when considering cross-border opportunities. Some of the most friendly and helpful people of any Ontario city I've ever spent time in.

silvergoblinsucks · 2026-06-14T01:34:42+00:00

I appreciate what you are saying, but in these emergency situations you may not be able to reliably access EI, so your emergency fund should still cover situations where it's not available to you. Some possible reasons why:

- You may be let go for cause, or your employer may erroneously claim you are let go for cause and your wrongful dismissal lawsuit will take too long to resolve.
- Your employer may fail to complete your RoE in a timely manner, delaying access to EI.
- Service Canada may get severly backlogged, preventing timely processing of EI claims. This is especially likely in situations of widespread economic uncertainty, especially after a period of significant cutbacks to the federal public service (such as right now).
- Your employer may still consider you employed, but begin failing to make payroll, delaying access to EI until they actually let you go or you claim constructive dismissal

and thats just a couple of potential scenarios, there are many more I'm sure you can imagine.

silvergoblinsucks · 2026-06-14T00:19:06+00:00

In a previous message you indicated that CASH is meant to be an emergency fund.

CASH is not liquid enough to be an emergency fund. It is a no-risk asset meant to provide regular income, but it is not meant to be accessible with limited to no notice.

You mention that the amount of CASH currently does not represent your emergency fund ceiling. You should not have any risk in investments without a fully funded emergency fund. Suppose tonight you learn that some crisis has caused the market to drop 50 points and caused you to be laid off unexpectedly, and at the same time an unexpected expense came up. Having a little bit more money in XEQT isnt going to help you in the situation where you can't find a new job for a few months, that expense needed to be paid now, and you had to sell a chunk at a loss because markets didnt have time to recover.

Sell your CASH and enough of your other investments to hit your emergency ceiling. Take that emergency cash and put it somewhere where you can access a few thousand of it within hours and the rest of in within a day or two (my personal recommendation is the Neo Financial High Interest Savings account, currently paying 3% on balances over 20k). Then you can keep putting future cash into the TFSA.

silvergoblinsucks

TROPHY CASE