u/Calm-Signal-1864

Edit: I understand that some people are less unfortunate, I am just asking for help however my situation is not any better I just want to make the best of it

Hi, i thought about taking the loan and putting it on a tfsa savings account, but i heard if you do that osap would give you less grants because it would be seen as you have more money for school

Did any of you do this? I do not need the money but i would rather make some money with it

Either putting it into tfsa or putting it into an index fund, then paying the ontario portion before it starts charging you interest and pay the federal portion monthly

I rather not do it if i am gonna have less grants and loan next year but let me know what u did
Thanks

Is there an index fund that you invest like you would into snp500 but you get a greater high risk high reward ratio, i want something that I can put a certain percentage of my income every month and not look back if i lose it. I do not want it to be like index funds however because i dont like the return rates on it. I dont like the idea of being a millionaire by the time you retire, I do not mind losing a bit of money but rather have a greater chancd of making more money I also know I can buy stocks individually but I do not have a lot of knowledge of stocks so if there is a more automated thing i rather have that Thanks!!

I do not know a lot about crypto but I got some money that I want to spread in different investments.
Do you think it would be too bad of an idea if I was to say spread 300-500 in the top crypto currencies like bitcoin etherium solana etc.
I know the market has its ups and downs but I do not mind risking a little since im young
My plan is to maybe do this for 4-5 years then invest less overtime or more based on how it goes

Im not asking for how to be rich quick im just asking if it is as risky as investing in top stocks since its all pretty gambling with your money unless you know its in and outs

I just finished high school, I live by myself I used to be under CAS and still am but I am on a program where they pay me monthly and I live by myself. I just applied for OSAP and it said 5.5k for grants and 14k for loans. I will be going to george brown college for fashion. i just thought the amount could be more since it normally covers the tuition books living expenses etc. and the fact that I do not get support from my parents