this post was submitted on 25 Oct 2023
5 points (85.7% liked)

Personal Finance Canada

1344 readers
1 users here now

Come and discuss anything related to personal finance, directly or indirectly, with other Canadians!

founded 2 years ago
MODERATORS
affairesdepiasses
5
Wednesday: Stock Market and Investments (self.personalfinancecanada)
submitted 1 year ago* (last edited 1 year ago) by affairesdepiasses to c/personalfinancecanada
4 comments fedilink hide all child comments
 

It’s time to talk about investments, no matter how diverse they may be. Whether it’s in stocks, cryptocurrencies, ventures, but also Pyramid schemes, Ponzi schemes, multi-level marketing, and slot machines (cc @[email protected] ), let’s discuss them! Ask questions, discuss the markets, or compare your portfolios.

you are viewing a single comment's thread
view the rest of the comments
[–] affairesdepiasses 2 points 1 year ago* (last edited 1 year ago)

Hahaha boring and effective is generally the best way, thank you for sharing !

What's the split on your serious money/fun money/crypto investments? Do you do any rebalancing?

The latter two give a combo of interest and dividends which is taxed more favourably than an actual bank HISA with the same return.

Are you sure about that? If I remember correctly, tax treatment is the same between these ETF interests and regular savings accounts interests, ie added to income and taxed at your marginal tax rate.