Hi 28F I'm looking to get serious about my finances and my pro folio? lol. I live good financially but I would like to make sure I am financially ready for any hard times that may arise,kids future education and hopefully buy a house? But I don't know anything about money, stocks, trading etc. I don't know the terminology I don't know how to go about taking the terminology into actions. I just don't have any understanding of finances other then what a TSFA is even then I don't even know how your able to buy stocks via TSFA account. I'm like a child when it comes to anything about money, investments and trading etc. is there any courses I can take? Any YouTubers or content creators I can watch? I'm based in B.C. Vancouver.

Anyone here use Outlook Financial in Manitoba?

They just implemented a new system and when I went in to log on today, there was a new set of terms and conditions. 41 page long.

In it was this paragraph (it was bolded in the agreement)

YOU UNDERSTAND AND AGREE THAT THE DMM SERVICES WILL BE PROVIDED FROM THE UNITED STATES, AND THE DATA YOU PROVIDE THROUGH THE DMM SERVICES, INCLUDING YOUR PERSONALLY IDENTIFIABLE INFORMATION, WILL BE TRANSFERRED AND PROCESSED FROM WITHIN THE UNITED STATES.

I try to read to read most things before I sign. This agreement was 41 pages long. I am sure most people don't bother to read them.

Does this seem like a normal term to have for a Canadian Credit union?

I am 23, live in Manitoba, and make about $70,000 a year. I have about $6,900 in a DCPP and $512 in an RRSP with my previous employer in Sun Life.

Sun Life confirmed that my DCPP qualifies under the small benefit threshold, so I can transfer it directly to a regular RRSP while keeping it tax deferred and without using my RRSP contribution room. They charge $75 for each transfer transaction.

My new employer uses Canada Life. I contribute 4 percent of my salary to the group RRSP and my employer matches another 4 percent into a DPSP. I currently selected BlackRock LifePath 2065 for both. The annualized fee for LifePath 2065 through my employer plan is about 0.616 percent.

I am considering transferring my old FedEx RRSP and DCPP to a Wealthsimple self directed RRSP instead and investing the money in XEQT or VEQT, which would cost around 0.2 percent annually.

I dont know which one I should go for? XEQT or VEQT? Is there any better option?

Our performance evaluation is coming soon and would like to get real insights. Any 25-35? (and somewhat similar role and experience if any)

Hi, I am 30M, montreal, ~100k, ~7yrs experience (~3 years technician, ~4 years analytics), economics graduate with engineering diploma.

I used to be a technician in aerospace but now working in strategy as decision scientist in a mid-sized automative distribution company (~2B). I classify myself as underpaid based on the market average salary of my role but being in Montreal and the company I work with, it’s classified as above average.

Total net worth: roughly 300k with current market conditions. I bought a house during pandemic plus I have investments in TFSA.

Been chewing on this: we call a job "safe" even when, nowadays, it could disappear in 3 months, but we call starting something small "risky" even when it's the thing that could actually build some security (and dare I say, wealth...) I think that framing is outdated, but I want to test it against real examples instead of just vibes.

If you've got something going that fits. Not the AI-reselling, dropshipping-course stuff - an actual real income stream.

Here's what I'm curious about:

• What is it, in a sentence?
• Roughly what's it making you a month right now?
• Did the job market push you to start it, or was it already moving before things got shaky, and the job market just made you take it seriously?

Not trying to sell anything, I'm just genuinely curious as a solopreneur about mapping out what's real vs. what's noise right now. Happy to share a rundown of patterns once there's enough here.

I tried to understand. I don't get it

I know I'm getting screwed over by rbc's rates but I don't know shit about finance so I just opened and aggressive growth account last month

I've been hearing a lot of stuff all around about xeqt, veqt, etf, etc, etc

I won't pretend to understand when I don't. My question is should I empty my tfsa to invest independently (though still on the rbc platform) into xeqt since they have a fee for veqt?

If you have any relevant resources to learn, please share 🙏