▲ 1 r/fican

19M - What to max out?

I’ve maxed out both my TFSA and my FHSA, but im not sure what to do now. I do have RRSP contribution that I’ve never used (about 6k over the years I think), but is it smart to use the income deduction now when im still in a lower tax bracket? Or should I fund a non reg instead?

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19 got a hell of a way to go

Been trading options and using margin to buy shares on quick plays, up 300% in the last month or so. Mostly moving my profit to hold longer terms shares, any thoughts?

19M. Any ETF recommendations?

Probably not as much as others on here but it’s a start haha. I’m thinking about adding about 5-6k in an ETF, preferably something that excludes US markets since I’m already exposed quite a bit to it. Any recommendations?

u/Educational_List_390 — 3 days ago

Options in TFSA?

I just had a quick question regarding options in my TFSA: ik that the CRA doesn’t have specific guidelines for what is considered a trading account and warrants an audit, but from ur personal experiences/what you’ve heard, does holding options lead to scrutiny? Not necessarily day trading the day of, more like holding and selling every couple of days.

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u/Educational_List_390 — 1 month ago

SPCE: room to run or is this the end?

Up 120% this week, holding a bunch of calls but feeling uneasy. What’s ur price target for this? Think it still has room to run or is it going to plateau for a while?
Position: 10 contracts, July expiration at 4$ strikes

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u/Educational_List_390 — 1 month ago
▲ 2 r/UdeM

Coût d’une session

Salut, est-ce que qql connaîtrait le coût moyen d’une session full time? Sur le site de programme (année prep en med) ça dit que c 2.2k/session mais j’ai du mal à y croire. Est ce que ça inclut les cours de livres et tt le reste?

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u/Educational_List_390 — 2 months ago

Does anyone know where I can check the Net Worth percentile thing?

Not to compare or anything, but just curious about where I’m at. Is it a feature that’s only available for some members? (I’m 19 btw so my account obviously doesn’t have hundreds of thousands in it, so that may be the reason lol).

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u/Educational_List_390 — 2 months ago

Should I use my 400k loan to invest?

Sorry if this is the wrong sub, but I was simply wondering what you guys think of my situation. I’m starting med school this year and have about 400k of loans I can use (100k each year for the next 4 years) @ 4.35%. Now ik I most probably won’t be using most of it, so I’m expecting about 350-360k to be unused. Should I invest the remainder? Even if I manage to get a 10% return in a normal ETF wouldn’t that be smarter than keeping it unused?
Any help would be appreciated!

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u/Educational_List_390 — 2 months ago