fishtaco

joined 3 weeks ago
[–] fishtaco@lemmy.ca 2 points 2 hours 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.

[–] fishtaco@lemmy.ca 5 points 1 week ago

He was clearly given his marching orders.

[–] fishtaco@lemmy.ca 14 points 2 weeks ago (1 children)

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".

[–] fishtaco@lemmy.ca 6 points 2 weeks ago

I've started listening to the audiobook Canada alone, and so far it's very prescient of what's happening. Worth a read / listen.

[–] fishtaco@lemmy.ca 3 points 2 weeks ago

Excellent post. The Finland comparison seems very appropriate.

I also complete agree about getting off American social media, especially Facebook.

[–] fishtaco@lemmy.ca 7 points 2 weeks ago (1 children)

Getting off Facebook is one of the most important things we can do since it's the largest spreader of misinformation.

[–] fishtaco@lemmy.ca 1 points 2 weeks ago

Tucows, easyhosting, and rebel are all Canadian registrars I've dealt with.

[–] fishtaco@lemmy.ca 2 points 2 weeks ago

The Guardian published a story today about how Sweden's move to a cashless society is backfiring on them.

[–] fishtaco@lemmy.ca 2 points 2 weeks 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.

[–] fishtaco@lemmy.ca 2 points 2 weeks ago

Good post. This is pretty much what I do.

[–] fishtaco@lemmy.ca 3 points 2 weeks 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.

[–] fishtaco@lemmy.ca 0 points 3 weeks ago (1 children)

Canadian: Saint Pierre, Canada's Ultimate Challenge, Schitt's Creek, Kim's Convenience

International: Colin from Accounts, Families like Ours

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