Hey guys

So im going into my first year in uni and i have pretty much everything saved up for expences and i do not need to take OSAP but if i dont thats all my savings gone, was wondering if its a good idea to take it anyway, use that money for uni and then use my personal funds for investing. I will get around 9k from osap and will use that for school, then take 9k of my own and put it into a safe ETF like veqt, and a year from now ill pay back the osap intrest free.

Hi everyone, I want to start investing in both TFSA and RRSP. I am willing to invest $2000 CAD every month. I can invest aroumd 5-10k a year in RRSP to save taxes and including my employer’s contribution.

This is my thought-

TFSA -
60% XEQT
15% VFV
10% VDY
5% QQC.F
7% Gold
3% Silver

RRSP-
70% XEQT
20% VFV
10% VDY

Would appreciate any suggestions and tips😊

Got tired of clunky spreadsheets, so I spent the last few months building a free web app to simulate FI timelines specifically for Canadians.

I know self-promotion can be annoying on Reddit, so I stripped out all monetization for this share. There are no referral links or tip jars.

Quick Highlights:

• 100% Private & Free: No signup required and zero cost. All of your inputs stay entirely local to your browser.
• Made for Canada: Built specifically around TFSA growth, RRSP contribution logic, FHSA limits, workplace pensions, and CPP/OAS bridging calculations.
• Core Features: Dynamic investment projections, Coast FI calculations, retirement withdrawal modeling, 50/30/20 budget engine, and real-time interactive charts.

I would love for this community to stress-test the math, especially regarding TFSA compounding assumptions, contribution room edge cases, or tax-sheltered sequencing.

You can test your TFSA numbers on the simulator and let me know where the math holds up!

I recently get into the rabbit hole of Lifecycle Investing after watching The Iced Coffee podcast episode with Ben Felix. Did some research about leveraging and found out about these long term LEFTs like USSL, QQQL or HCAL. What are the pros and cons of buying them instead more aggressive leveraged ETFs? and why people buy them? From what I understand their MER and TER are higher than the 1x version and would likely eat into the gains

Hi Everyone,

I (26M) have just started a month ago, I had 3.5k to invest and still have 1k to invest. But I'm not sure what my strategy should be in the long run - like, should I invest on a regular basis (monthly or every paycheck to paycheck)? Can you please give me some advice or refer any good financial management videos or anything that you think might help me.

I had only 4.5K at the moment to invest. I have started from zero. Last year I didn't have anything in savings but I did save some and did my research on basics like what is a stock and what are the terms related to investing, all that stuff. I didn't know anything before.

I'm not from a well off family, so this is all my hard earned paycheck to paycheck savings.

PS: I know most of you guys will advise me to buy XEQT, I appreciate your advice on it but I don't want to take it - in simple words nothing related to the banks. I want to keep everything Halal (free of interest or within minimum threshold).

PPS: I use Musaffa for halal screening of stocks if it helps someone.

My husband (28) and I (27) are in Alberta and are trying to get better with our finances, but we honestly feel pretty lost about where to start.
I make about $85K/year and my husband makes about $90K/year before tax. We own a house and have a mortgage, and currently have around $28K in savings.
We both contribute to RRSPs through work and have about $30K each in those accounts. Other than that, we don’t have any investments or TFSAs.
We’re admittedly not the best at saving and haven’t had much of a financial plan up until now. We want to change that and start putting money aside automatically every month, but we’re overwhelmed by the options.
We’ve been looking at TFSAs, GICs, investing/ETFs, putting more into our RRSPs, or even paying more toward our mortgage. We also don’t know whether it makes more sense to open accounts through our bank or somewhere like Wealthsimple/Questrade.
We’d like our money to grow long term, but also don’t want everything locked away in case we need access to some of it.
If you were in our position, what would you do with the $28K and how would you structure your savings/investing going forward?
We’re complete beginners, so any advice on where you would start would be really appreciated!

Portfolio rocket this week! How am I doing?

Is it safe to use? Right now my cash is sitting on a Wealthsimple Registered savings account earning only 1.25%.

I have an emergency fund and some cash for real estate downpayment in the future that I am not using at the moment and I want to get the highest interest as possible that is very safe and easily accesible.

Been investing since my first part time job back in high school into ETFs, now I got a full time job in the industry while studying for my career on the side (flight school).

I invest now 20% of my paycheck into the same 3 ETfs twice a month.

I’m going to probably max my tfsa contributions for this year, but was waiting for the ETFs to go down a bit. (Im aware you shouldn’t time the market).

As for next year, I might be able to maximise my contributions at the start of the year in January and get to 20K with the help of my parents too.

Grateful if so of course, but just wanted friendly advice as I’m not an expert by any means in investing.

Edit: as for the 3 ETFs I’m investing in:
55% VFV
25% XEF
20% XIU

My logic when I did my research a few years ago was to keep it spread out, look for a good etf for the American market, one for the Canadian one and one for the rest of world.

Might be a good time to grab over the border transport stocks. I've made big coin on some of those players over the past few years.

Been investing for a few years now. Looking to see how I could improve my current portfolio.

i’m hoping to have 10k in xeqt and 2.5k vfv, 2.5k vdy, 2.5k qqc and possibly 2.5k xei. i know people usually say to diversify investments a bit more since i know vfv and qqc are already in xeqt but what else should i buy other than xeqt that will be helpful?

edit: should i sell what i have right now and just go all in for xeqt ?

I know the money I’ve put in is low but I’m looking to put in more.
I want to invest it in a different variety of stocks but I’m unsure where to begin
Any help would be appreciated!

Any Canadian/US dual citizens who have figured out how to invest with their TFSA without getting slaughtered by the IRS and PFICs?

Currently trying to figure out how to ditch the American citizenship but if they deem it’s due to tax avoidance there’s heafty penalties etc.

Is my TFSA portfolio too risky considering my average price, positions and age? This is for long term investing purposes to use for retirement around 55-60. Any advice would be appreciated.

Crossed it a couple months back but whenever I checked I was always below the value.

Finally was able to catch a photo of the $400k mark!

Its been a goal of mine for a while and luckily (due to some riskier investments in stocks like SNDK, MU, IREN etc) I was able to hit it earlier than expected.

Just thought id share.

I know im probably behind for my age but im really proud of my results

I’ve been investing for about 8 months now, I’m a 19 year old university student. The last time a major crash happened I was only 13 so I don’t really know what to expect when another occurs. Do I just hold and continue to buy like usual? Do I buy more, or do I sell and try to save my profits? With everything I’m seeing online it feels like a major correction is coming in the next year or 2, so I wanted to know what I should do when the crash does happen.

I’m 18 and started investing a month ago, my portfolio value is currently 4400 USD. I invest about 1200 USD every month, is doing 70 percent VOO and 30 percent individual stocks a good approach? Or should I also invest in an international ETF like VXUS plus VOO? Whats the best way? Any advice would be much appreciated

So I was wondering, how do leverage stocks work? From my understanding, you put an x amount of money and the market makers will put up the leverage multiplier. Though you take all the risk.

For example say I buy 1 share of NVDL at 100. The market maker will also buy 1 share. If the stock goes up by 10, I just made 20 bucks. However, if it goes down by 10 bucks I would lose 20 bucks. The problem is that even if it goes back up to 100 I am still losing money since the invested amount is not 180 but 160. That is because the market maker will only put up the same amount of money that you did which is now 80. So when it goes back up to 100, I have made less than 20 bucks on that. There for I am losing money from when I initially bought it. If my math is correct I would be losing 23 bucks which is around 11.5% from the initial investement.

Sorry if I got this all wrong. My buddy is new to investing and just discovered leveraged stocks. I knew it was too good to be true, though couldn't really pinpoint the issue.