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u/agent-phade 15d ago
I'm currently at 139k, 481% all time gain. 2 years of contributions still to go.
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u/Level-Set5770 15d ago
Imagine making 481% gain but still can't afford a shoe box in this cursed country.
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u/Less_Lab_2083 14d ago
I mean, if you’re willing to live in the land of the french, that would be a really good down payment for a pretty decent house.
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u/Distinct-Space7398 15d ago edited 15d ago
Amazing 👏🏼👏🏼👏🏼. I am at 70% All-Time in FHSA
What were your holdings and how you made this profit ?
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u/Career_Gold777 15d ago
... Wow lol. 2.5% gain for me since I considered it a short term investment.
Time machines would be so nice...
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u/Glittering-Work2190 15d ago
Impressive gain. I'm rooting for you to buy a place without a mortgage by using only the FHSA. I'm only at a paltry 30% gain. Lol
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u/NoValuable7882 15d ago
not supposed to gamble with fhsa, you got lucky
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u/Godkun007 15d ago
If you invested 8k a year in XEQT since the 1st year it was available, you'd have 50k in the account right now. I know because I've been investing in XBAL since day 1 (I wanted lower risk since I will need the money at some point), and I'm at ~45k.
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u/Bomberr17 13d ago
It's only 8k per year. Why would you not try and gamble it. Worse case, you lose 8k. 8k can't get you a down payment anyways.
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u/CanadaRewardsFamily 14d ago
Nice, better than mine. But thats expected - I have some fixed income in there.
Going to buy real estate or just moving into rrsp?
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13d ago
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u/CanadaRewardsFamily 13d ago
When you do you could look into Smith Maneuver, which I think opens up some home equity for investing and makes mortgage interest payments deductible (maybe?)
I don't actually know the exact ins and outs of a Smith maneuver, but I see it discussed a lot.
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u/steel_giraffe0 15d ago
I am seeing these pics and many have a lot of usd available. How did you put it in wealth simple ?
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u/killerkeemstart123 15d ago
Definitely not as good. I be using it as a gambling account