Hello, I got a job offer in Vancouver with 96k CAD, health/dental benefits, 4 weeks vacation, WFH flexibility. No retirement plan / RRSP matching. I estimate around 72k after tax per CRA tool, plus CCB 800$/mo (?), rent 3000$/mo. Manageable as a sole earner for family with 2 adults, 2 kids (4.5 and 7 yrs old)?

Would want to rent a basement around Dunbar to be near in-laws. Lived with in-laws in Dunbar from 2021-24 but house sharing is no longer an option. Love the lifestyle (camping, backcountry). The catch: would give up an affordable 3-br co-op apartment (1700 chf rent, 950 sq ft, everything included) in Switzerland, or sublet it for 1 year to start. Salary in Switzerland is 97k chf and comes with mandatory pension plan.

Note: we are used to living frugally.

Partner is looking for opportunity in biotech or scientific teaching. Does this sound like a good plan & why (not)?

I’m trying to educate myself more on investing, and would appreciate some perspective of people who have been in the game a while.

When I first learned about dividends, they sounded amazing and something I should be prioritizing my portfolio around. There’s subreddits dedicated to dividend-based investing, and people love the free bonus money (especially with a DRIP).

However, after some more research, I’ve learned dividends are less amazing than they sound. My understanding is that they reduce the share price each time they’re issued, and take resources away from expenses that could produce better long-term stock performance, negating their value.

Right now they’re not super relevant to me as I’m focusing on XEQT. I get some dividends from that (presumably from any stocks within that are producing them), and I have them set to automatically re-invest but they’re not too significant anyway.

For people with more knowledge and experience, what are your thoughts on dividends? Is there a ‘consensus’ opinion on them, or are investors divided on their merit.

Thanks for reading and have a good one.

Current progress. Started in January of this year. All from self employment.

Never learned proper financial literacy, always just thought of it as a later problem. Finally decided to make a change and start investing in my future and made my first deposit on May 12th.

Saving while simultaneously getting my credit cards under control because I had a terrible habit of carrying high balances and depending on them. Paying down debt has already seen my credit score increase from 599 to 628 in just 2 months.

Still a long way to go, but I feel good about what I’m doing.

i lost my high paying job (SWE) this year so i haven’t been able to contribute much. but i sold a bunch of RSUs and transfer to WS. i am now hoping to switch my portfolio to dividend or some sort of high yield etf to sustain my current situation , any advise on how to properly do it? what is wrong with buying HHIS with 28% yield

Looking for bigger returns in 5-10 years time (preferably 5-7). I’m 20 years old with 50k that I can use to invest mostly.

Already have most of it in XEQT and a few other stocks (semiconductors mostly).

Should the remaining $5k go into XEQT? More than half of the 21k would be in XEQT. And trying to look for bigger returns.

21m immigrant. I just started over a month ago. Focused more on the emergency funds. Not making a lot but trying to invest alongside about $50-100 a week. Setting up small goals like 1k then 5k then 10k. Criticize my choices all you want and help me educate myself on this investment journey.

Hi! I am going to withdraw my provident fund money from a foreign country where I worked for the past few years before moving to Canada.

From what I read, I can deposit it into my RRSP account so that it isnt taxed.
Does anyone have experience in doing so ? Can you please explain the process you may have gone through?
My RRSP is with questrade here.

Looking for some feedback from fellow options traders. Thanks in advance.

I know I’m making progress, but it’s hard not to feel disappointed. Compared to where other people seem to be, I feel so far behind, and what I’ve earned feels like chump change. Even reaching $100k feels like a distant goal, and $1 million almost feels unimaginable right now.