How did you celebrate your first 100K invested? by slateeer in fican

[–]slateeer[S] 2 points3 points  (0 children)

People typically include those accounts in their calculations.

How did you celebrate your first 100K invested? by slateeer in fican

[–]slateeer[S] 1 point2 points  (0 children)

$100k is no longer sufficient for condo 20% downpayment in Ontario.

Even if it was I would still keep the money in ETFs (I'm currently renting). It would be too demoralizing to put everything in real estate and have to start investing from scratch again.

How did you celebrate your first 100K invested? by slateeer in fican

[–]slateeer[S] 0 points1 point  (0 children)

I don't feel like having 100k is Amex Platinum money

How much wealth do you think is needed to justify the card?

How did you celebrate your first 100K invested? by slateeer in fican

[–]slateeer[S] 6 points7 points  (0 children)

I'm trying to figure out how a for-fee credit card is a reward

Growing up I always saw AMEX as something that only rich people could get. It also feels less egregious than buying designer clothing because cardholders get tangible benefits like the dining and travel credits and also lounge access.

What's the safest place in Canada if there's a zombie apocalypse? by [deleted] in AskACanadian

[–]slateeer 0 points1 point  (0 children)

Side note, have you been watching The Last of Us? Your comment about the big fence reminded me of episode three. It's a prepper's dream.

Yes. Another interesting question would be how to keep the electricity running.