At these rates, the guaranteed after-tax return of paying down your mortgage looks pretty good versus uncertain stock market returns (and elevated equity valuations, which should lower expected equity returns). Curious if anyone here is focusing on paying off the mortgage more lately vs investing? Is focusing on the mortgage illogical over the long term?
This is one way to find communities. Hopefully connecting the Fediverse becomes a little simpler soon…
This is a good way to find other communities. I sometimes have issues adding communities from other instances. Some of the kinks in apps and lemmy / fediverse stuff itself I’m sure are still being worked out.
I used to have more cards, using specific ones for different things, but I just get no joy from tracking that stuff. I currently just stick with a simple, no fee, cash back card. If you spend a lot (small business) I think there are better opportunities for credit cards. If you like spreadsheets and tracking, churning could be an option, but I think this is less profitable in Canada vs USA.
I’ve seen it too for some homes (relisting lower) - unsure if the market is falling or just flat.
Not my chart (copied from reddit as I found it was a good overview) - feel free to take a crack at some new charts if you’re up to it! Agreed, FHSA should be considered.
Nice! I’m waiting out on KSP2 for now - still have lots to explore/try in KSP1.
I was curious about it once when I was considering “hustles”. One of the biggest issues may be finding a high-traffic location where you are allowed to operate a vending machine. But if a place could use one and will let you operate for cheap/free, you could give it a shot. One learns a lot from trying. Odds are the work & issues may make it tougher than it seems on the surface (may not be as passive as you think).
Any reason why you didn’t put your factor (US listed) ETFs in your RRSP? I think that is the preferred placement for tax treatment, and also simplicity when you have to withdraw.
Why reduced Canadian exposure? A bit more home country / 🇨🇦 bias has portfolio advantages.
I still have yet to jump on Avantis factor funds, but have been considering them. My hesitation is the additional complexity, cost, and risk may not be worth the slight improvement, and the timeframe to realize the factor benefits can be very long (so you have to be a convicted and very patient investor).
Looks like a solid, low cost, rational long-term portfolio 👍