u/thelectroom

I went to my local branch and was introduced to RBC PH&N by my advisor. In the initial discussion, they focused on how they actively manage assets and how they think about investments holistically (alternative assets, international markets…) in addition to tax implications to save me money.

I’m not a financial expert and currently just purchase XEQT in TFSA and RRSP from every paycheque.

I will be purchasing a house in the next 1.5 - 2 years. My wife does not presently work and I bring in about $300k gross. I don’t intend on retiring for the next 20-25 years minimum.

Is having wealth management involved for a 1.5% annual fee worth it? It’s a considerably higher amount in fees vs. the MER that the “all-in-one” ETF charges.

Want to hear from folks that actually went down this wealth management route (even with a different firm) and why they did so. Thanks!

Per the title, I have an upcoming $30,000 expenses coming and the merchant accepts various method of payment. Rather than doing a bank draft, I am open to opening a LOC or Credit Card.

If I have more time to pay off the balance a low interest rate, that’d be ideal so that I do not have to liquidate my portfolio. Also interested if there’s an option to maximize rewards.

Looking forward to hearing if anyone else has navigate a large purchase optimally!

I’ve been staring at this watch for a while <3 weeks after purchasing my first watch ever, the Mido Ocean Star 39.. needless to say, will not get the wife approval to spend another $3500 so looking for a more budget alternative/custom combination. Any input/Inspo for a face and strap to replicate the look would be appreciated!

Also where should I be going to get the best rate? My renter insurance is also coming up for renewal so I’d like to do both