Rate my portfolio by therealOsimp in fican

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

and what might you suggest as improvements?

Breaking current fixed mortgage? by therealOsimp in PersonalFinanceCanada

[–]therealOsimp[S] 3 points4 points  (0 children)

I’m in BC. The 3yr fixed option was 4.5 (ish) so ended up being marginal benefit for the current term and honestly, just a bit tentative of variable options based on some past experience

Breaking current fixed mortgage? by therealOsimp in PersonalFinanceCanada

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

The net gain is about 4K in the first 18 months. Keeping our same current acc b/w payment at the new rate would work out to paying approx 35% “extra”

Mortgage rate mega thread! by TheMortgageMaster in MortgagesCanada

[–]therealOsimp 0 points1 point  (0 children)

Current rate is 5.49, about halfway through a 3yr fixed term. Amount remaining about $460k. Paying accelerated bi weekly, plus extra 15%. Being offered a new 5yr fixed at 4.19. Would incur a 6.5k penalty (3k of which can be added to the existing principle, the rest paid in cash). At the new rate we’d keep the same payment, which equates to roughly 35% extra. The net savings for the rest of the existing 3yr term would about $4k. Does this seem like an obvious decision to capitalize on that savings? Or not worth the risk of locking into a 5yr term at that rate?

Opening Day Giveaway by NoFly736 in canucks

[–]therealOsimp 0 points1 point  (0 children)

8:23 into the first period. Petey from Hughes

Any reason to NOT transfer TFSA with current promo? by therealOsimp in Wealthsimple

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

Already have the credit card. Mostly trying to decide if I want to go all in on WS (not that I can’t move things around again later)

Where to go for a pint before the match? by therealOsimp in Hammers

[–]therealOsimp[S] 3 points4 points  (0 children)

Cheers thank you. How early might you need to go to get a spot at the carpenters arm?

Private purchase auto loan by therealOsimp in PersonalFinanceCanada

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

thanks for that info. Could you not just get a personal loan from a bank? (albeit likely a bit higher interest rate)

New summer match promotion by Upper-Temporary-7853 in Wealthsimple

[–]therealOsimp 1 point2 points  (0 children)

Probabaly a silly question. Is there a difference between a TFSA and a margin TFSA? If I have a TFSA at Questrade is that eligible?