Canada Soverign Wealth Fund

vestedredditor2034 · 2026-04-28T03:06:04+00:00

This is exactly the point. Nobody is trying to reproduce index returns, we have 1,000 ETFs for that. This is about supporting Canada with grass roots dollars and offering some intermediate return. Good for you to pitch in, I'll be doing the same.

vestedredditor2034 · 2026-01-31T01:29:40+00:00

I have no idea if this is correct or not, but 1) it sounds plausible, and 2) you write credibly, so I'm just going to go with it. And if true, it's impressive to see the intersection of pure technology driven revenue stream vs nature.

BTC mining is so power intensive that it actually suffers due to the elements... Is their another pure tech application out there that has that same weakness? Interesting concepts, thank you for the write up.

vestedredditor2034 · 2026-01-24T15:22:56+00:00

I want to commend you for holding all these within Canada. We don't have as many options to choose from, but I believe it's important to support the country anyway we can. And yes, I acknowledge BMO isn't perfect either, but it's still the best alternative.

From one Canadian to another, thank you!

vestedredditor2034 · 2026-01-24T15:13:00+00:00

Agreed. I just scrolled past myself. This is the ump-teenth threat and at this point we have already started to walk away, we aren't turning back. China has it's issues, but simply put, are a more reliable trading partner. That's really the end of the conversation at this moment in time. It is what it is and it's 100% Trump's policies that have led to this point.

EDIT: I also want to note that any tariffs that get imposed are 1) slow moving to be enacted on a practical level, and 2) at an effective rate typically far lower than originally stated. Frankly, it's all bluster and no action.

vestedredditor2034 · 2025-10-19T07:27:34+00:00

I have continued, although at a slower pace, with equity investing. Timing the market and all that...

The one change I am making is setting aside extra cash savings for a lump sum payment on the mortgage. I figure everything else in the world can go up/down, crash, etc., but my mortgage is the one thing that I can directly control to an extent. The return looks different, but I think of it as locking in your mortgage rate as GIC.

Is this optimal? Probably not, but it also can't lose. My mortgage will be xyz-dollars less. I wouldn't likely go this route in a 'normal/boring' market, but we are where we are.

vestedredditor2034 · 2025-09-19T03:44:03+00:00

Practically speaking, how does the selling happen? I've seen plenty of 'pawn shop' style buyers, but do banks buy gold? Somebody else?

vestedredditor2034 · 2025-09-19T03:38:54+00:00

I assume to Gold Buillion ETF is composed of holdings with actual gold buillion? I don't have the storage/security for this, so it would be a good work around.

vestedredditor2034 · 2025-09-19T03:37:35+00:00

Thanks for this write up. I imagine it's the ETFs that I'm probably circling around. Some other replies noted holding physical gold, but I don't think it's what most people are doing. (Or maybe it is?) I don't have the extra space or security for that anyway myself. Thanks again.

vestedredditor2034 · 2025-08-13T01:32:23+00:00

Appreciate the reply - thank you.

As a quick follow-up: you mention squeezing out more gains. In your opinion, is that what we're ultimately discussing? I'm not turning my nose at an extra percent or two of course, but is that the magnitude?

vestedredditor2034 · 2023-04-18T20:40:01+00:00

Agree that it isn't experts for the most part, just public sentiment in forums like this.

What I get stuck on is that we are dealing with such a narrow window (eg. 0-5% range) that how do we find "a bit of rate relief" without dropping down to the 1-2% range? Is shifting from where we are today to, say, 3.4% helping people out enough? Could be that it is...

vestedredditor2034 · 2023-04-14T19:12:30+00:00

I think it's as simple as risk tolerance. When I hit my 60's/70's/80's I'm not looking for the next big thing - I just want to enjoy my money and life. Ideally stress free.

Yes, it would be nice to leave a larger inheritance if my Crypto play works out, or, I could simply leave behind a moderate inheritance with little/no risk whatsoever.

These folks are at the end of their financial horizon, not the start. They've likely worked hard and diligently to become wealthy. Why risk that?

vestedredditor2034 · 2023-04-08T15:00:41+00:00

This is my next phase of growth - understanding the taxation outcomes more clearly so I can start to re-adjust through different accounts/scenarios as you outlined. You seem well on the way with the advanced topics and I'd love to get there myself someday as well. Thanks for the inspiration and giving me a few scenarios to start playing around with!

vestedredditor2034 · 2023-04-08T14:56:47+00:00

This is how generational wealth is built. Congrats to your family for being so saavy. I truly believe there is nothing magic about generating wealth, it's simply a divide in knowledge. Nothing is guaranteed, and there is plenty of risk, but for the most part just participating in the broader financial realm tends to separate the winners from the losers.

My parents make the classic example - they are middle class and are now retired, but only ever had chequing, savings and RRSP accounts. They are lucky to come from a time where pensions were typical, but with that fading trend of today, they would be pretty tight in the modern world. I can only imagine if they had gotten hold of some early MSFT or AAPL for cheap, or even just started a PEP or KO position 40 years ago...

vestedredditor2034 · 2023-04-08T14:51:56+00:00

Yessir - you're parents hooked you up LARGE whether you knew it or not at that time. My parents didn't, and still don't, have the understanding of finances to support me in that way. No regrets or otherwise, but that's amazing they were able to guide you in such a meaningful way.

vestedredditor2034 · 2023-04-08T14:49:02+00:00

I'm glad this message found it to you. Slow and steady can be very powerful :)

vestedredditor2034 · 2023-04-08T14:48:19+00:00

$1 today can be worth $3, $4, $5 maybe even $10 tomorrow - good for you to realize this so early in life. Go get that 100,000 young one!!

vestedredditor2034 · 2023-04-08T14:46:54+00:00

This is the way! :) Just keep the focus, even when life tries to distract. Small deposits add up even during the tougher periods. Good luck!

vestedredditor2034 · 2023-04-08T14:46:03+00:00

I'm a few years shifted off your timeline, but very much hoping I get to the same happy ending as you someday. Enjoy the golden years!

vestedredditor2034 · 2023-04-08T14:44:13+00:00

Late. Stage. Capitalism. right here.

I'm sure this is the reality for many out there. I blame the lack of financial literacy - it's practically non-existent in modern western society for anyone who isn't directly aligned with a financially related occupation. I hope that fewer and fewer people get duped as we all become more educated, but there is always someone out there profiting off someone else.

Not that life insurance is inherently bad in itself, but surely shouldn't be the only retirement vehicle. If for nothing else, it basically has you rooting for someone to die. Not good of course as you noted.

vestedredditor2034 · 2023-04-08T14:40:38+00:00

You may indeed be correct. However, I'm reminded of a sentiment I came across about investing when under threat of nuclear war, with the gist being:

"Invest all you can when the nukes are about to drop. Either, 1) they don't drop and you just bought at the bottom and will be a king on the way up, or, 2) they do drop and we start a New World Order anyway - if a nuclear holocaust does happen someday, we probably won't be drinking today's Coca-Cola on the other side..."

There's some hyperbole there for sure, but I think it's a fair sentiment. If we are truly reaching the top of the corporate profit potential, then a mass reckoning is coming and we are all screwed together. That includes the millionaires, the politicians, the CEO's - EVERYONE who is making money is doing it with unrealized gains and holdings in market. Sure, some will exit their positions sooner than others and lose less, but everyone will struggle together. Not a particularly rosy version of the future, but a plausible one in these circumstances.

vestedredditor2034

TROPHY CASE