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I'd very much like to hear your experience. What made you believe that?
Strong words :) Can you provide more details? Why do you say it's "completely unjustified"? What happen? Who hurt you?
It's officially been 1 year since I used my HELOC to invest. The growth is unique to the covid crash but I really believe that under normal...
I'm 15 years away from retirement. You always hear to hold some cash in case of a "sale" but I was never into that. I always thought of the...
Generally speaking, for growth I suggest XEQT (Globally diverse equity growth). Technically in my wife's TFSA I'm reinvesting in VFV, VE and VA...
What did you purchase with the money you borrowed? How much? If you don't mind me asking of course.
I'm sure everyone would agree with you - people, business; It is "better" to spend money you have. However, that doesn't mean borrowing money is...
bump - No one on this forum invest in income stocks?
VOO is American. I believe the Canadian equivalent is VFV.
Hi everyone, I'm starting my margin account and wanted to get some ideas on which stocks to put in there. Some ideas are: DS 8.19% HHL 8.53%...
This has been my experience. Not that they're total garbage but they are no better than many other investors out there. As with every job,...
I think that's my point! Blue-chip stocks are extremely low risk. So you can either make a little money or nothing. I'm OK making a little money...
Pro tip: don't invest in companies that can get rekt :) What I did was start small with blue chip companies; I started with Enbridge, Bell,...
Is that the ONLY reason? I borrow at 2.75% interest and I'm making a return of 10% in the market. The difference, and my profit, is 7.25% - the...
Not to be difficult but this post says nothing to further the conversation. It seems like you're irritated I didn't read a previous post of yours...
I understand you mean to say it's similar to trading on margin, but there are difference. Here are 2 reasons why HELOCs are better than using...
So when people use the word "compounding", does that also relate to the business reinvesting money into themselves for greater profit? I always...
You reasoning only accounts for half of the possible outcomes. How about: When someone borrows money and gets rich slowly? what would you think of...
@andyvds I'm interested in your thoughts on the above. Thanks :)
To play devil's advocate, it sounds like you're basing your advice on only the terrible scenarios that have happen. Have you never had a good...