Brandon C
3.5K posts
Term life or whole life?
Term life if:
- You need maximum coverage at low cost
- You're protecting income, kids, mortgage
- Budget is tight right now
Whole life if:
- You've maxed your registered accounts
- You want lifelong coverage and estate planning
- You're a high income earner with complex needs
For most Canadians term + invest the difference is the better move.
What does your family have right now?
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@MarkMcGrathCFP @SparkingFIRENC I think of this all the time. Especially when I retire in 10 years. There is something nice about locking the door to an apartment and walking away to go on vacation. Or having mobility of moving without having to sell a house.
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@SparkingFIRENC I feel this in my soul
Selling my house and going back renting and I'm stoked
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Tim Hortons is still growing, albeit at a slow pace. The brand is weaker compared to when I was a creative director on the branding/advertising side 😂 but it still provides a strong moat. Enough Canadians are very loyal. Tims is still part of the Canadian fabric. I don't think there are enough Canadian Canada-haters to support Dunkin. Maybe they stick in a couple dozen Quebec locations, at best. @FoodProfessor
The Food Professor@FoodProfessor
"Tim Hortons still commands enormous market share, but it no longer enjoys the same unquestioned dominance it once did." -Dr. Sylvain Charlebois. thestarphoenix.com/opinion/opinio…
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Trying to settle a debate with a friend
Canada what do you call these?
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@ctraverse11 @lejeunesimon @Wealthsimple I just got mine last week after waiting a long long time. Worth the wait.
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@lejeunesimon I was pre-approved for a visa a year ago as a premium client. Still no update. HahHa. How can I dump my
Bank 😳🤷♂️🤦🏻♂️🤞@lejeunesimon @Wealthsimple
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1-click portfolio line of credit (or PLOC) at 3.95% is my favorite product at Wealthsimple right now. So good.
Time to break up with your bank!
Canso@DivGrojourney
Thank you, #wealthsimple. A friend of mine needed a car.. as for most canadians, they needed a loan. Car loan at dealer, 8.5% ..wealthsimple 4.45% . Not advice, just stating facts.
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@flyinghellfish8 You own a Ridgeline? Great, I need to do two trips to the dump 🤣
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We're about to gift our RAV4 to our daughter, 112,000 km on it, so just broken in for a Toyota, ha. We couldn't bring ourselves to buy a brand new vehice. Vehicles are the biggest waste of money. We're purchasing a 2024 Subaru Outback limited with 55,000 kms. We'll put down 44% of purchase price and do a little financing. Thoughts?
CutTheCrapInvesting@67Dodge
Just had to sell some stocks and ETFs. We're gifting our RAV4 to our daughter to passed her boards, she's on her way to PEI to be a dentist real soon. So glad markets are up so much. I was able to mostly raid the equities instead of the cash and bonds. 💸🚗
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@MarkMcGrathCFP As a rehabilitated dividend trader investor who has seen the light I know what you’re talking about. It took seeing my returns explode with XEQT to see that growth is king.
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Man as much as I've dunked on dividend investors in the past, after living off my portfolio the past few months I definitely get the appeal.
I know it's not optimal.
I know it's mental accounting.
But the emotional and psychological aspect of it is more obvious to me now.
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@MarkMcGrathCFP As someone who maxes CPP and CP2 every year this is welcomed for sure.
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@DrunkDividends Is it easy to link your businesses to they net worth thing? I have accounts with a big bank so I’m assuming it could lead no with them.
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@flyinghellfish8 Yeah I don't blame you
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Net Worth ticked up past another round number 💸🙏 $600k now
Is that good for 30 years old or am I behind?
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@flyinghellfish8 They offered me the credit card but im waiting until I have 100k in stocks so I can avoid the fee
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@DrunkDividends Neat I’ll need to check it out. I just got the WealthSimple Visa Infinite Privilege card the other day.
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@flyinghellfish8 It is! New net worth update
In beta now
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Imagine writing this investing gobbly-goop 😂💸 or is it gobbly-poop?
Get a simple and effective plan and stick to it like glue. Do not let others manage your wealth.
James E. Thorne@DrJStrategy
For the record Since 1928, this is the first time the S&P 500 has made a new all‑time high within 11 trading days of a 5–10% drawdown, and history around comparable V‑shaped rebounds suggests this kind of steep recovery is a continuation signal, not an exhaustion signal: in past steep V‑shapes, the “vertical” phase typically overshoots the old high and delivers roughly a 20–30% gain from the low over the first ~100 trading days, implying that if the March 22, 2026 low was near 6,300, the historical playbook points to a 100‑day S&P range of roughly 7,560–8,190 (mid‑case ~7,875), followed by positive but more trend‑like returns over the subsequent 6–12 months rather than an imminent bear market. The upshot, you’re not bullish enough. Have a nice day.
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@DrunkDividends I forget. I bought my house in 2014. We basically pay $500 per week and that includes the payment, property tax is $50 and I think the mortgage insurance is $20ish. We pay the property tax through the bank. They basically add up those $50 payments and send them to the township.
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@flyinghellfish8 How much more does that make your payment?
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I can put 5% down on my first home via first home buyer programs
should I do that, or should I save up 20%?
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@DrunkDividends Just remember under 20% down payment triggers CMHC fees which get included in the mortgage payment, plus property tax, house insurance, mortgage insurance, moving fees etc etc.
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