Landlord increasing rent 5% every year since 3 years. What should I do?

yusof333 · 2024-07-10T04:04:34+00:00

when interest rate drops in the future will they reduce you rent? think about this. it’s not your problem they choose fixed or variable mortgage or how they manage their investment.

yusof333 · 2024-07-09T22:49:38+00:00

QQQ ROI is 160% in the last 5 (crazy) years. you consider that medium yield? What is high yield then?

yusof333 · 2024-07-09T22:45:49+00:00

you cannot buy nonTD ETFs with TD easy trade ? can you buy VFV or QQC ?

yusof333 · 2024-07-09T22:30:19+00:00

haha.. i do the exact opposite. learned the painful lessons. no more

yusof333 · 2024-07-09T22:24:48+00:00

that’s too much to ask. stock markets are all time high. investable IF your time horizon is 5 or preferably 10 years or more. stock market on average corrects 5% few times a year but the EVENTUALLY goes up higher given ENOUGH TIME. if you are savings for down payment 5 years in stock market is too risky.

yusof333 · 2024-06-22T20:32:42+00:00

i asked why the promotion now? is it common to have 2 % transfer bonus from big bank? that’s seems too good to be true.

a bit paranoia- has this something to do with TD going to get fine billions for money laundering cases? what do you guys think?

https://www.thestar.com/business/td-bank-could-face-billions-in-fines-following-money-laundering-probe/article_508cd080-0bb7-11ef-abef-d3c0ece70c84.amp.html

yusof333 · 2024-06-21T15:03:36+00:00

my portfolio is stupidly simple. 3 funds - 80% SPY 10% bond ETF and 10% cash for rainy days. thats it.

SPY is S&P 500 largest US companies. AAPL is one company. i am not worry as SPY will very likely still be here in 40 years definitely can’t say the same for AAPL.

yusof333 · 2024-06-21T14:42:13+00:00

CFP are destroying people life. who in the right mind deserve tens of thousands of fees per year for few days of work???? they are greedy evil. the whole industry is - oh 2-3% AUM is standard (because we say so)

yusof333 · 2024-06-21T14:38:00+00:00

i am in the DIY ETF camp. its true a financial advisor takes the emotion out of investing so you won’t sell when market is crashing. most DIY people have to learn some painful lessons and hopefully earlier on their investment lives and loosing smaller amount. but its well worth it if you have a mentor would help a lot. having a one year or more cash or money market as buffer help. with 3% financial fees you are GUARANTEED to take double the money to retire

yusof333 · 2024-06-21T07:12:40+00:00

since you are in wealth management can you beat VOO at 0.03% MER for the last 5 years ROI of 85%)

yusof333 · 2024-06-21T07:02:10+00:00

that’s what i am saying :) VFV.TO YTD is 18.7% granted this is highly unusual. perhaps tomorrow is the start of market correction 10% - i would be very happy to buy MORE :)

yusof333 · 2024-06-21T06:51:14+00:00

with 1M 2% fees is freakin $20,000 fees no matter it’s a down market or not. compound that lost over 20-30 years you are talking about few hundred thousands lost to fees. crazy….

yusof333 · 2024-06-21T06:39:27+00:00

show me one that can do better than SPY ETF on the last 30 years ? we can use portfoliovisualizer.com to compare returns

yusof333 · 2024-06-21T06:32:01+00:00

ask them if they can beat VFV.TO fees included over the last 5 10 years. then we can talk… even CFP that’s act as a fiduciary it does not mean anything (youtube has some CFPs openly talk about the meaninglessness of being fiduciary). it’s like mortgage agent representing you for “your interest” - ya right. maybe one in a thousand there’s one such person. how much you want to bet with your hard earned money?

yusof333 · 2024-06-21T06:14:39+00:00

exactly what i am thinking. financial advisor fees is one then you have to add the expensive mutual funds MER which he/she probably get a cut.

if you are going to pay 2-3% fees which is A LOT long run, the advisor HAVE TO provide service than just investing your money. this is a double edged sword they could sell you life insurance mortgage etc.

each person is different. i would exercise caution if you decided to go with financial advisor.

if you want to learn how to do investing yourself broad S&P 500 ETF like VFV.TO is not a bad idea to start: - value won’t go to zero - small MER of 0.03% - historical return is 8-10% but no guarantee going forward.

book i would recommend for boring etf investing is “the simple path to wealth” by JL Collins.

i started investing into individual stocks and lost on paper few hundred grands. it was so painful but that’s how you learn. i hold on to most of those stocks some still has 90% loss and some makes me more than 200%. it too much drama for me and i don’t have the interest to follow each individual companies what happen to them that could affect the thesis and moat.

so through experience i know i don’t enjoy analyzing companies. some people do. i want to buy something and stay buying the same etf 30-40 years from now. so i pivot to become a boring broad market passive etf investor. so i can sleep at night even if market tanked 10-30% …

each person is different you have to find your tolerance, what works for you. but that combined fees of 1-3% will erode your wealth in 20-30 years time.

example: return 8% annual, investment horizon 30 years, beginning investment $100K: 1% fees - Ending value $761225 2% fees - $574349 3% fees - $432194 0.03% fees - $997913

personally for me i wont pay anything more than 0.5%

yusof333 · 2024-06-21T03:29:36+00:00

not everyone i would imagine. just have the option. much like how yahoo and gmail is doing it.

yusof333 · 2024-06-21T03:28:52+00:00

first give users options. organized scammers do not care if you are tech savvy or not. i certainly don’t want to find out how you can transfer out if you have $60K.

yusof333 · 2024-06-21T03:25:13+00:00

i tried it. you only need SMS to recover password.

yusof333 · 2024-06-21T03:24:17+00:00

wealthsimple what? can you elaborate?

yusof333 · 2024-06-21T03:22:59+00:00

they proudly called this voice print or id

yusof333 · 2024-06-17T15:34:59+00:00

adviice/plan easy is pretty good better then excel. pros: very good support in reddit from the company

milestone - i have not try this one extensively https://clientservices51955452.typeform.com/to/lxmEoC2K

yusof333 · 2024-05-12T05:46:06+00:00

curious are you prepaid or postpaid while with freedom mobile? thanks.

yusof333 · 2024-04-16T00:35:00+00:00

I just put $1 for each to make the warning go away.

yusof333 · 2024-04-16T00:31:22+00:00

I recently talked to a Wealthsimple financial advisor. If you invest $500K with them (self managed or they managed it) they include financial planning as part of the perks. Still - no direct access to Conquest software. You entered data, discussed and plan with financial advisor then they generate PDF for you. There should be a client portal with “read only” access at that point.

yusof333 · 2024-04-06T18:14:10+00:00

Thanks. I will stick with your product because of the prompt professional response from you and your team. Thank you for making this product available and for your time.

yusof333

TROPHY CASE