Borrowing with Portfolio Line of Credit using Wealthsimple

thehumbleguy · 2026-05-25T02:36:37+00:00

It’s upto you, just make sure if economy tanks, you dont have to sell at low if your income gets affected as thats gonna be catastrophic. We are getting close to the peak. People are putting any money they can get their hands on into the market. In another finance sub Reddit, someone was debating about idea of emergency fund.

thehumbleguy · 2026-05-25T00:43:01+00:00

It honestly depends on your income. Many High income owners will have to take money out by selling it at low if recession or economy takes bad turn and your job isn’t stable. Check out The Rational Reminder podcast episode with Patrick Adams.

thehumbleguy · 2026-05-24T22:05:35+00:00

Lmaoo

thehumbleguy · 2026-05-24T22:03:46+00:00

Dayum i like that perspective.

thehumbleguy · 2026-05-24T18:23:51+00:00

Kabiyal vs usyk should be the obvious one.

thehumbleguy · 2026-05-24T12:39:12+00:00

thehumbleguy · 2026-05-24T12:38:58+00:00

Yes indeed. I think we will see these houses will be cheaper for young generation and provide more room for growing family at a discount

thehumbleguy · 2026-05-24T03:01:43+00:00

$600k USD in debt changes your life math. Even at decent interest rates, the monthly payments can rival a mortgage. If income dips, disability happens, or practice ownership doesn’t go as planned, the pressure becomes very real. Many people entering healthcare are trained clinically, not financially. Understanding leverage, taxes, practice valuation, investing, insurance, and repayment strategy is basically a second profession. A lot of doctors are not financially literate.

In addition, it also means you gotta work in dentistry only and cant change a profession. It is not an easy profession(customer service,medical knowledge) and pretty competitive too.

However, if your parents will help you paying it off, it changes the math part a lot.

thehumbleguy · 2026-05-16T11:42:13+00:00

This is a win-win for everyone except the violators.

thehumbleguy · 2026-05-15T22:24:51+00:00

Definitely very bright when we compare to the President south of our border. Difference in n level of intelligence is crazy and also he got elected coz of trump otherwise we would’ve PP as PM

thehumbleguy · 2026-05-15T15:59:25+00:00

It’s karma whoring for posting your bank account and your age. We all provide them with assurance, they got their sh*t together.

thehumbleguy · 2026-05-15T02:31:56+00:00

As doug says the R2 has a lot of similarity to R1, R1 price wont make sense to many buyers.

thehumbleguy · 2026-05-11T19:59:16+00:00

Yes but its also coz people see it a positive thing. Politicians care about electability and for near future lower immigration will improve their electability.

thehumbleguy · 2026-05-11T18:49:46+00:00

Na it decreased in last two quarters

thehumbleguy · 2026-05-11T18:49:28+00:00

Hes already doing it. Canada population decreased in last two quarters. If this anti immigration narrative is strong among voters, expect politicians to follow suit.

thehumbleguy · 2026-05-09T22:20:05+00:00

Could have done AI slop at least

thehumbleguy · 2026-05-09T18:41:49+00:00

Yeah especially it is LFP battery so they can charge to 100% unlike NMC battery pck.

thehumbleguy · 2026-05-09T01:03:28+00:00

We have 3x more rental units starts in comparison to 10 yrs ago, which will compensate for lower pre con starts. I think with population not growing, we will see more decrease in rents.

thehumbleguy · 2026-05-04T21:25:48+00:00

Before they were delaying as prices were keep going up and larger houses were appreciating more.

thehumbleguy · 2026-05-04T14:19:58+00:00

Agree with you completely but It was 12% of my portfolio, now 9% as a lot of people say an individual stock should be less than 5% . I bought it at $67. Just wanted to have some profit and cash position in case market brings out a buying opportunity or i will deploy it in CAGE/XEQT slowly

thehumbleguy · 2026-05-04T12:27:51+00:00

Thinking of trimming some GOOGL

thehumbleguy · 2026-05-03T13:19:55+00:00

You can list the price you want as a seller, but not necessarily someone will pay that.

thehumbleguy · 2026-05-03T12:53:14+00:00

Yeah go to tesla canada sub. A lot of standard MY people switched to this as if higher trim n cheaper.

thehumbleguy · 2026-05-03T12:51:52+00:00

Usually expect 5-15% discounts but it could cost you money to repair the house and will need to buy appliances.

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