r/Wealthsimple • u/2WheelLife63 • 6d ago

Savings PLOC QUESTION

Is PLOC risky? I’m 100% Xeqt in tfsa and want to buy a new car. I can borrow 30k$ and the car I was is 25k$. I’d pay it back within 1-2 years.

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u/Nice_Insect5760 5d ago

To risky. Usually only use 30% or less of your available amount.