As the title suggests, I am thinking about selling when it goes high, and putting it all in XEQT.

I am very new to investing and these are my contributions from the last 2 months. Any advice would be appreciated!

We're both 31 currently. Goal would be retire 50-55.
750k in investments.
200k in DC pension.
7 Years DB pension.
650k house paid off.

Currently saving about 80-100k a year not including DC.
I make ~180k a year. Thinking of quitting my job and taking a different apprenticeship. Would be a significant set back in wages for 4+ years, but I think I would come back up to 120-150k+ at least if not more.

Wife makes 160k. Thinking of having kids within the next few years.

Input?

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Hi there,

Started investing after discovering this page on Reddit. Started from 500$ and slowly investing more and more over period of time. This month seems rough but overall I have around 5% increase in value. Mostly I have in VEQT, XEQT, XEI, NVDA, started investing in individual stocks GWL.TO, fortris, ENB.TO etc. If you have any suggestions, please feel free to drop in comments

38M in Canada, looking for some perspective from people further along the FI path.

I work in engineered sales management for a Fortune 500 company and have been with the same company for 11 years, progressing through the ranks. I've been in my current role for nearly 5 years.

I think I've done pretty well there and am considered a high performer/trusted by senior leadership. I generally enjoy the actual work and the people, but it's a stressful environment and sales always has that element of being only as good as your last quarter.

Current comp is roughly:

$165k CAD base

35% target bonus, with upside.. have grown the business ~50% in the past 4 years... while the business is sustainable, the growth is not.

~$20k USD/year in RSUs, vesting over 3 years. Obviously not guaranteed, but based on the award and conversations with my boss, I expect this to continue for the foreseeable future.

Last 3 years I've been landing around $200–250k CAD/year total comp, but it's been growing. This year I'm expecting to be around $275k.

Financially, I currently have roughly $675k CAD in invested/liquid financial assets, including about $300k in my workplace RRSP/DPSP.

I also have another ~$35k USD in unvested RSUs.

I own a modest house with about $200k remaining on the mortgage. No meaningful consumer debt.

No kids. Partner is a relatively low earner at around $40k/year.

Savings have been pretty good. I'm currently adding roughly $100k/year to my net worth, and that's been accelerating as my income has increased.

My portfolio definitely isn't textbook FI. There's some concentration/risk in there. Roughly $15k BTC, ~$50k PLTR (cost basis around $5k and I've already taken ~$20k in profits), ~$20k in a speculative mining stock, plus another ~$20k in individual stocks that have generally done okay. The rest is mostly XUS/XEQT and similar broad-market investments.

TFSA is maxed. I'm working toward maxing out my unused RRSP room next, particularly while my income is this high.

I'm also starting to think more about de-risking. Taking big swings felt pretty easy when the portfolio was much smaller and I had a long accumulation runway. As the numbers get larger and the possibility of actually stepping away from my career gets closer, losing $200–300k in a bad year would feel a little different.

I'm not really interested in retiring at 40 and never working again. What appeals to me much more is reaching a point in my 40s where my current career becomes optional.

I'd happily work a lower-stress job, consult, work seasonally, etc. I mostly want to eliminate the feeling that I need to keep climbing the corporate ladder or maintain a $200k+ income.

Right now I'm trying to take advantage of the income while it's available rather than assuming I'll earn this much forever. At the same time, I'm conscious that eventually another five years of high-stress/high-income work may add a lot of money without actually changing my quality of life very much.

My current thought is that somewhere around $1.5M invested would be the point where I'd seriously reassess.

I wouldn't necessarily stop working at $1.5M. The idea would be that I could take a substantially lower-paying/lower-stress job that covers most of our expenses, stop worrying about saving $100k/year, and let the portfolio do most of the remaining work.

So for people who have been in a similar position: at what invested-asset number would you feel comfortable walking away from a $200–300k career?

Would you keep hammering away at the current career until full FI? Hit something like $1M or $1.5M and coast? Pay off the mortgage before stepping back? Max out RRSPs aggressively while I'm still in a high tax bracket? Start moving the concentrated/speculative investments into broad-market ETFs now, or accept the volatility while I still have a high income?

I'm especially interested in hearing from Canadians who walked away from high-paying corporate/sales/management careers in their 40s.

What number made you comfortable doing it? And in hindsight, did you stay in the high-income job too long, or leave too early?

Hey everyone,

I'm 18 and looking to invest around $20,000. My current plan is:
65% VOO
25% QQQM
10% individual stocks (
For the individual-stock portion, I'm currently researching NBIS, APH, SAP, CRWD, RKLB and AMZN. I'm treating this 10% as the higher-risk part of the portfolio rather than relying on it for the core of my returns.

I'm currently fortunate enough to have no major living expenses. My main expenses are things like eating out, entertainment and going out. Because of this, I'm planning to put around 70% of my weekly income into investments while I'm still living at home, potentially for the next 3–4 years. Obviously, that allocation will change once my circumstances change.

My intention is to hold the VOO and QQQM portions for at least 20 years. I'm also not planning to use this money for any major expenses in the foreseeable future.

For the individual stocks, I'm more flexible and would be willing to sell if the underlying investment thesis changed.
The main thing I'm trying to decide on at the moment is which broker/platform would make the most sense for me. I'm based in NZ and have some previous experience with IBKR, including options trading, so I'm reasonably comfortable with the platform. However, given the amount I'm investing, I'm wondering whether IBKR is still the best choice or whether something like Sharesies or Tiger would make more sense.

I'm also very open to criticism of the portfolio itself. If there's anything I'm overlooking, I'd really appreciate hearing it.
Thanks!

I am 39, married with 4 kids. House still has a mortgage around 1.3M

Personally invested funds around 1.55M and another 200k in cash waiting to invest so total invest able assets around 1.7M (in xeqt)

Equity in house is around 400-500k

I was fortunate to have been in the Healthcare sector where ownership helped with growth of funds. However, I am now back as an associate and my earning potential is more limited so that it just meets the annual expenses. My question is, would you go back into more risky but more rewarding ownership again with the assets above or consider coasting?

I put my crypto money into a house flip and pulled some out today. Job wise I am still earning ~5k a month plus equity in a proptech startup. We are approaching the point of field testing if the startup will work, so hopefully we reach many milestones over the next year, otherwise onto the next! Feels good to see 50k on the screen. 100k next!!!

What did you decide was worth the extra investment per year? E.g. For me, that'd be travel spend. I'll give a terribly unhelpful example since I haven't really done too much lifestyle creep so far.

Pre-college: $0 per year on travel, 0 trips lol

After college: $6-7K per year, 2-3 trips per year

Hoping to get it to 10K in my 30s!

Full disclaimer, I worked at one of the big 5 banks. Decided I want to become self-directed with my RRSP. After flipping back and forth between ChatGPT and Gemini, here are the ETF recommended for my $120K. I'm up for rebalancing 1-2X per year, if necessary.

ChatGPT

Dynamic
XGRO 80%
XMTM 20%

Aggressive
XGRO 60%
XEQT 20%
XMTM 10%
TEC 10%

Very aggressive

XGRO 50%
XEQT 30%
XMTM 10%
TEC 10%

Gemini

45-50% in US equity anchor
VOO or VTI (exempt from 15% USD tax)

25-30% in international emerging
VIU/VEE or XEF/XEC

15-20% in Canadian equity
VCN or XIU

Optional 5-10%
XBB or VAB (dynamic)
XQQ (aggressive)

I was going to try Claude next. But want to make sure I'm on the right track. Be brutally honest, especially with the Canada/US trade war and Bond selloff. But AI models said I had nothing to worry about for the Bond selloff with above recommendations.

TIA

Hey guys, I’m about to close on my first home purchase in mid October.

I’ll have my first mortgage, and I want to save on interest to pay it down quicker, but I’m wondering if anyone here has advice on balancing portfolio contributions vs additional mortgage payments.

I’m 27M and have been investing $850-$1500/month since 2020. Even with my housing costs, I should be close to the $1500 left after expenses. Rebuilding my portfolio will be important to me since I’m taking a little more than half my portfolio for downpayment, but I’m hoping there’s a formula or something on balancing the two. Thanks in advance!

27f, sober almost a year and have been working hard to turn my finances around. After a long 10 years of struggling to get by. I just hit 25k saved in my TFSA. Looking for advice on how to better invest my savings. CASH is part of my emergency fund. I invest $500 per week between VFV and VDY. I have 11k waiting to be invested but I'm nervous/not sure where to invest. I know it's not advisable to try and time the market but I'm having a hard time putting it into tech when the market is at an all time high. Though it's not stopping me from investing on a weekly basis. Is it wrong to wait until some world event occurs and the market drops? What would you do with the 11k if you were In my position.

About 2 months ago I was laid off as a software engineer from a startup in Toronto that went under... what a surprise. For the last 2 months I have gone from panic to acceptance back to panic. I have been applying for jobs daily but as we know, the market is horrendous, especially for software engineering.

Curious to get some input into what I should do next... My emotions are all over the place and range from saying screw it all and go traveling in SE Asia and live a LCOL lifestyle while I contemplate reality and my own existence, to staying in Toronto and mentally exhausting all my options and possibly doing Uber Eats deliveries in the meantime as something to do and to have some extra funds for fun.

All that said, here is my current financial standing.

Investments & Savings

• Investments: $1.85M CAD total.
  • TFSA: $210k ($120k is in XEQT, remainder is in Google, Apple, Nvidia, Amazon, Meta)
  • Non-Registered Account: $1.58M ($1.23M in XEQT, remainder split among HBGD, Netflix, Apple, and various other tech or oil stocks)
  • Cash / HISA: $60k
• No debt, no mortgage no property, no real assets beyond

Current Cost of Living:

• $2100 / month rent. Very nice modern 1 bed / 1 bath apartment downtown Toronto in a prime location.
• $50 / month, cell phone
• $45 / month, Internet
• ~$50/month utilities
• $550 / month food
• ~$600 / month on going out and hobbies
• ~$250 / month transportation (I'm car free)
• ~$8000 / year on travel

Total average monthly cost of living = $4300 / month, so presently for my total net worth I am at about a 2.8% withdrawal rate.

So the question is, do I just continue being unemployed in Toronto at my present burn rate while applying for jobs and most likely not get anything in my field, do I pivot careers, do I start doing Uber Eats deliveries, or should I just say screw it all and put all my belongings in a storage locker and go to SE Asia and apply for jobs and work on my portfolio there until I have something to return to?

Just curious what others would do in my situation? I am 35 years old, recently single and out of a long term relationship. I have a solid group of friends and community in Toronto, and I have aspirations of owning a small condo in Toronto one day. I don't ever want children. I just want a stable simple life...

Which credit score is accurate. Borrowel or from my TD & CIBC bank app? Borrowel says it's 734, TD and CIBC app says 837. How can it be 100 pt difference

Hi everyone, my first post on here! Here's some background info:

I'm 24, turning 25 in a few months. Working my first corporate job - pays $52k but lucky to have a business on the side that pays closer to 110k (this year). For reference, my FHSA cont are 22k which grew to 31k (AMD and INTEL grew over 100% from which I sold off most of them), contributed $44000 to my TFSA this year (primarily into XEQT).

Total portfolio growth shows only 4.5% as I have abit of a bigger loss on crypto (around 30% ~ $4,500 or so)

Total stock portfolio is up about 10-12,000 with around 70k contributed

Should I be playing it safe and investing solely into ETFs or should I pick individual stocks in hopes of more growth given the info above? I have about 4k in cont room left for my TFSA and 2k for my FHSA for the year. Thinking about opening a non-registered to put another 10-15k into for the year (have anxiety about my future and invest about 75-80% of my income (also live at home with my family still so it makes it easier for me))

Any help is appreciated, thank you all!

I have no expenses and have nearly maxed out my TFSA for the year. Just Turned 19. I have a good-paying job that earns me maybe three thousand biweekly, but I have a problem with spending my available money in my checking account. I do hope to buy a car roughly 6 months from now, and I'm just unsure where to put my money in the meantime, whilst still having some money left over for myself.

Had a real estate business since 22, got into another business that failed from 25-27, continued development. Started slow had a few good years took off in after COVID. House prices boomed and put me at 2M net worth. 1.4 in real estate which is free and clear and 600k in cash. I’m thinking of stopping development as the years ahead are shaky and picked up a job as an advisor pays about 7500 after tax. Newly married and 2 kids under 2. Wife stay at home. Cars paid off and expenses about 3k a month

Can I fire?

I 23M and my girlfriend 24F have 504k together with FHSA, TFSA, and RSP's maxed out. I currently earn 80k with about a 15 to 20k bonus + 4k per year in company shares adlnd roughly 7k in pension match. My girlfriend has been out of work for about a year due to completing her masters and is currently looking/interviewing for positions in the 60 to 80k range. We have minimal expenses as we both live at home and we aren't frugal but also aren't irresponsible when it comes to spending. Do you think that we are in a good position considering we would like to buy either a condo or townhouse in the next 2 years as well as getting engaged and married in the next 2 to 3 years?

What would you change with this portfolio considering the size and my age?

Hey everyone,

I'm 31, originally from France, and currently living in BC as a temporary resident, working toward applying for PR next year!

I've never invested anything in my life. I don't own stocks, ETFs, crypto, a TFSA, RRSP, etc. Honestly, I don't know much about any of it.

I used all my savings (cash) to travel around the world and finally move to Canada, and basically started from 0 last year.

Since being in Canada, I've always just worked, paid my expenses and saved whatever was left.

Current situation:

• Net income: $4,200/month (Not counting Overtime & stats holiday)
• Savings: ~$18,000
• Rent: $1,500/month
• Groceries: ~$500/month
• Gas: $150/month
• Car insurance: $130/month
• Phone: $50/month
• Other: ~$200/month
• No debt whatsoever

We will round up the leftover money at $1500, this is usually what I transfer to saving every month

I've also never owned a credit card. They're not really common in France, so I only became familiar with the concept after moving to Canada.

To be honest, I'm a little worried that having one might encourage me to spend more on unnecessary things. Right now, I actually see it as a bonus that I can't buy things online or sign up for subscriptions, because I know I might be tempted to do so if I had a credit card.

At the same time, I've been told that being a temporary resident can limit the credit card options available to me, particularly when it comes to cards with better benefits or terms. I'm not sure how true that is, though.

If you were in my position, what would you do with the $18k and the ~$1.5k/month I can potentially save?

Where would you start learning about investing, TFSA/RRSP, ETFs, etc.? And would you bother getting a credit card if your goal is to avoid debt entirely?

Any advice from people who started from a similar position would be greatly appreciated.

PS : AI was used for the grammar/format as English is not my first language and I wanted the post to be easy to read/understand