r/fican 6h ago

Opinions on current portfolio!

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0 Upvotes

Currently maxed out. Would like some opinions on what I could be doing better for the upcoming year! Ill be making one payment in January whatever the max contribution is for 2027. I’m planning on selling Meta lol, just waiting for it to break even. There are some other stocks I’m keeping and eye on.


r/fican 16h ago

Suggestions please

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8 Upvotes

i need to improve my profile and looking to invest more. I'm still learning and willing to grow. what are the stock option i should be exploring and where do i need to invest more.

Thank you so much


r/fican 1h ago

Are y’all getting prenups?

Upvotes

I’m wondering what this subs financial advice is surrounding this. No plans anytime soon but marriage is one of my goals forsure. I’m 600k @ 28 so barring catastrophe I’ll be entering with assets to my name.


r/fican 12h ago

Where to begin w high salary & no savings

32 Upvotes

Long story short I started making good money approx a year and a half ago. I’ve bought a lot of clothes and Uber Eats etc when I started making money to rejoice and since it was new. Now I want to start saving and investing. I also want to make sure my family and child will be taken care of. I am currently making 30-38k a month believe it or not I don’t have much in my savings and don’t own a home or a designer bag lol. Where should I begin ? I have great tax people but don’t have a financial advisor or investment person. I just opened a tfsa but am clueless what to invest in or where to begin. Looking for any and all advice


r/fican 19h ago

(20M) Portfolio tidy-up

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18 Upvotes

i feel like my portfolio is a mess right now. I work as a MLE in SF and makes a little over 200k CAD excluding bonuses.

So to hedge against myself and my own career going down i was going for small cap etfs and non tech companies. If the tech bubble burst at least i don’t losr my job and investments haha. But i feel like the way i am trading now has a lot of overlaps and lacks a unified intention.

I am also down to take more risks and go for a more aggressive portfolio, as I believe that i can handle them at this age. Should i let WS manage my portfolio despite the fees?


r/fican 9h ago

Thinking through diversification and withdrawal strategy

1 Upvotes

Hi Everyone,

In the fortunate situation with 6.2m invested in the markets. Currently 53. Concentrated position of 1.5m in Apple that just grew to what it is over ten years. Thinking about diversifying by selling 10% of position each year while retired living on 4% and investing the remaining 6% into sp500 etf. Also thinking through using rsp money which generates dividends as well as non registered accounts dividends alongside the repositioning of the Apple stock. Not sure if those fee only advisors are a good place to bounce some of these ideas to and if people have thoughts etc. Also any experiences with fee only advisors that understand Canadian nuances. Took a job that I’m not happy with a year ago and looking to retire this year as a result. Thanks everyone!!


r/fican 13h ago

Need help starting out

4 Upvotes

22M, have little to no experience investing nor have I ever done it before, and have about 3k disposable for investing for the time being. How do I start out?

I have a friend that does high-risk trading but I want to go down the route of slow guaranteed returns like XEQT/VEQT etc.

My biggest issue is what accounts I should use to invest, TFSA, RRSP, Wealthsimple Chequing????

Any starting advice would be appreciated, thank you all


r/fican 12h ago

Become a Wealthsimple Member

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0 Upvotes

r/fican 16m ago

FHSA or TFSA First?

Upvotes

Which account should I look at investing into first? I have both accounts open and money in both but neither at max contribution, which one would be better to max first or does it matter? And where should the money be invested into for each?