[–] 2 points 1 year ago

I'm not a financial professional but it depends on the purpose of your savings.

If you plan on buying a house then maxxing your FHSA contributions is a good place to start, probably before a TFSA.

After this, it depends on your work and income status. If you're making decent money, I'd invest in an RRSP before a TFSA since you get both a tax credit and can borrow from your RRSP as a first-time home buyer (I think 15 years to repay). If you don't need the tax break or aren't really thinking of buying a home in the mid-term future, then a TFSA.

ETFs are a good choice for the inexperienced, buy-and-hold investor. You can either pick a few sectors you know something about, or buy a broad fund like a TSX 60 fund. ETFs are low cost and you can buy yourself with a discount online broker like Wealthsimple or Questrade.

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  • [–] 18 points 1 year ago (1 child)

    Nasty is a compliment. It's what he called Freeland after she stood up to him in the last trade negotiations.

    It's also pretty funny from a guy who jails children, threatens others constantly, abuses power, and makes enemies just by breathing. I actually think in his head "nasty" really just means "won't simply bend over for me".

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  • [–] 2 points 1 year ago

    Good info from the inside, thanks. I had some money in a Digital Payments ETF but I recently dumped it and moved the money to a European fund instead. This makes me feel a bit better about that decision.

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  • [–] 3 points 1 year ago

    Urban Barn is a Canadian company and some (though I don't think all) of their products are made here. I've had a Canadian made sofa from them for a while now and I love it.

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