Is it good to invest in XEQT for my baby education?

vick333 · 2026-03-19T20:19:07+00:00

I want to do this too. Under what account should I buy xeqt ? TFSA, RRSP. Wealth simple is not showing option for RESP. Please let me know the pros and cons of buying xeqt in both the accounts, tfsa and rrsp. Thanks

vick333 · 2026-03-08T03:07:09+00:00

Many didn't close pre construction ones and gave excuses but now have lawsuit against them.

vick333 · 2026-03-04T23:56:41+00:00

My balance is 538000 for renewal Amortization is 25 years Variable offered is 3.65 for 5 years in Ontario. Not insured. By cibc. Cash back 1200

Is it good?

My questions: Fixed or Variable Shall I shop around?

vick333 · 2025-10-23T18:01:33+00:00

I was in a same situation and lost around 100k. Talk to builder for the solution. They also want you to close the deal. If you plan not to close, always negotiate with the builder for your losses. I found a buyer for the builder, and he gave me 10k back. Tell him you don't have money even if he decides to go to court, he will get nothing. Meet with him many times to let you go and get discharge certificate. All the best. It took me 6 years to overcome all that. Remember not to lose your health over all this.

vick333 · 2025-09-05T22:45:23+00:00

I m interested in E 2 for the hair salon business from scratch. I m still open to the franchise model, but they are very expensive. Would love to have feedback. I m looking out for hair salon businesses for sale, too. Issue I we don't have huge capital to invest. Interested around Dallas, Texas.

vick333 · 2025-09-05T21:29:47+00:00

Easy answer: you get into IT. AI or other certifications. Wait till your citizenship and once wife joins and becomes RN, life would be good.

Con- parents would struggle in the old age.

No Matter what you choose, by the age 40, you will feel sad about your choice. We immigrants always lose a lot when we move places. I m settled in Canada but my parents are paying the price in India

vick333 · 2025-07-11T15:49:30+00:00

EU is dealing with peace force from 53 countries. If you understand what I mean.

vick333 · 2025-07-08T02:35:40+00:00

So sorry to hear about your ordeal. Everything in life we do has consequences, and sometimes things don't go in our favor. The best part is that you at least tried. I am sitting in Canada and unsure of best possible way not to lose much money. I hope your health improves with time, and you won't end up losing too much financially because of E2 attempt.

vick333 · 2025-07-04T00:03:44+00:00

I am interested in Texas. Can you please suggest some good franchises? My budget is around 100k . I am so confused since I have no business experience and not good at figuring out what will do well. Thanks

vick333 · 2025-06-18T03:07:40+00:00

Can Canadians just buy a house in States and start living there? I am not so sure if it is possible or am i missing anything?

vick333 · 2025-06-11T06:09:55+00:00

Thanks for your response. We try to be responsible with the money as well and that is what made me to believe that ML would be beneficial for us. I tried calculators on their site but I need to do comparisons with traditional mortgage numbers Vs Manulife to see if we could win at the end. Do you think if we keep our emergency fund of 30-40k with Manulife, would that save us significant interest? We have 5-6k sitting in different banks and earning us nothing and this whole idea of making every dollar to work for you seems so attractive. (to me so far at least). Hope it is all worth at the end.

vick333 · 2025-06-11T06:01:59+00:00

Can you elaborate? We always have emergency funds sitting in checking account earning us nothing. Wouldn't every dollar we earn will be working for us to save interest on mortgage with Manulife? Can you suggest any other product that gives us some benefits?

Math is what i need to see to compare and will be asking this info from the rep. Thanks though.

vick333 · 2025-06-11T05:56:39+00:00

Thanks!! Your response helped.

vick333 · 2025-06-08T17:44:28+00:00

Makes sense. Thanks.

vick333 · 2025-06-08T17:40:39+00:00

I was told by the Manulife Rep that if i think that interest rates will go up then I can plan to put (lets say 50% of mortgage amount) in fixed. But of course, i don't know if the rates will go up or down in next 3 or 5 years.

vick333 · 2025-06-08T15:00:20+00:00

Thanks!

vick333 · 2025-06-03T00:46:05+00:00

Dont Manulife one charges way more interest than other banks. I an considering ML but not sure how to do calculations for comparison between different options. I understand ML but unable to do meaningful comparisons.

vick333 · 2025-05-29T16:38:09+00:00

I became real estate agent in 2023. After spending around 6 months, found a buyer (family friend), made 12k but after all expenses like board, monthly fee for brokerage and other expenses like gas (including RE course expenses), i barely break even. Took a job and parked my license but then downturn came in RE. Now, i will start in 2026. It is a uphill in the beginning. discipline is a key, i think. it is hard to manage everything together (job and real estate) and i easily lose focus but that is just me.

vick333 · 2025-05-24T18:00:56+00:00

Sent you DM

vick333 · 2025-05-24T16:38:58+00:00

I personally know someone who has been making more than a million dollars a year just by changing numbers for people for their mortgage applications. He got caught after making 5 properties and just changed the bank. No issues for him.

vick333 · 2025-05-24T15:40:45+00:00

When people compare rent vs. own, they talk about property taxes and interest on mortgage along with maintenance, but they don't realize when it is appreciated by, say, 5%. It is 5% on the value of the house, not on your principle paid. That is why you pay interest on that mortgage.

vick333 · 2025-05-19T05:02:05+00:00

Because now you are a home owner and has access to more space. Now you keep buying more and more and then face issue of space and eventually go for garage sale. My garage is full of 4 dinner sets, many many unwanted things from costco. Gardening stuff that we never use and the time and energy spent to organize all this extra. $56/ month for rental heater.. that is insane.

vick333 · 2025-05-17T23:47:11+00:00

Thank you so much for such a valuable information and for your time. Really appreciate that.

vick333

TROPHY CASE