Some problems are good problems to have. Like having extra cash each month and needing to decide where to put it. That sounds like a good problem. Which brings us to the “Invest vs. Mortgage Calculator.” This handy visual can show you which approach will suit your needs. Do you like investing and seeing your […]
Calculators
MER Calculator
Let’s understand how much MER (Management Expense Ratio) fees can affect your portfolio value. Scenario 1 MER of 0.24%. This is a reasonable starting point for DIY investors. I love the Vanguard Canada All-in-One Index ETFs like VBAL, VGRO, and VEQT, which are all 0.24% MER. Scenario 2 MER of 2.23%. I selected the average […]
Make Yourself Rich with The 10-Year Purchase
Welcome to my first personal finance tip! I’m just starting out so I have to go with the #1 tip I recommend when I get on the topic of FI. It’s not a stock tip or anything about savvy investing – it’s a tip to change your mindset about money – to change the way […]