Every Dollar Counts 🇨🇦

World Traveler ✈️ Cycled across NZ 🚲 Toronto Sports Fan ⚾️ Stocks and Personal Finance 📈 EDC Tweets are education not advice

[Every Dollar Counts 🇨🇦 @EDC_Finance]

Crazy opinion:

Walking into a Canadian bank to seek financial advice might be the worst financial decision you'll make for the next 10 years.

[Every Dollar Counts 🇨🇦 @EDC_Finance]

@dfrederickss @khzny @fortworthchris What do you have? Send me a dm

[Every Dollar Counts 🇨🇦 @EDC_Finance]

@areacode416 Who is actually buying this?

[Every Dollar Counts 🇨🇦 @EDC_Finance]

Closing gyms...again. WOOHOOOO

[StripMallGuy @realEstateTrent]

To honor the folks who have made Real Estate Twitter (ReTwit) what it is today, and keep spreading the word about the folks who share their unique knowledge daily, I will donate $20 for every ReTweet this gets.

$15k max, any charity @moseskagan chooses.

https://t.co/chHTqEx2V4

[Every Dollar Counts 🇨🇦 @EDC_Finance]

@MattRumancik If they suck, no. So many destroy value/companies, are horrible capital allocator and still get paid millions. They end up cutting costs (staff) and get paid millions to suck. The good ones, sure. At some point I think it gets ridiculous though...

[Every Dollar Counts 🇨🇦 @EDC_Finance]

@Budgetdog_ Most people don't understand money.

If you understand money, you're losing money by paying cash.

If I pay cash, a part of me dies inside every time.

[Genevieve Roch-Decter, CFA @GRDecter]

Bill Gross, ex-PIMCO CIO, says “bonds are “investment garbage”

[Every Dollar Counts 🇨🇦 @EDC_Finance]

@DivvyUp_King They have more money than the typical person so they're buying at scale and betting that as enough institutions buy houses, prices go up.

Probably can offer more than your typical person.

I would sent it to a Realtor and ask what they can get you.

[Every Dollar Counts 🇨🇦 @EDC_Finance]

@Budgetdog_ They don't get mad. Their bank account gets bigger anyways.

[Every Dollar Counts 🇨🇦 @EDC_Finance]

@shawngorham If that doesn't work, airbnb out the basement

[Every Dollar Counts 🇨🇦 @EDC_Finance]

@shawngorham Private 1st mortgages at 7-8%. Sell the house, invest that in reits.

Should be able to get 100k of passive income.

Move to a rent controlled state and rent.

[Every Dollar Counts 🇨🇦 @EDC_Finance]

@StephenPunwasi I think I'm a broken record. I will be voting for the least worst option again.

[Every Dollar Counts 🇨🇦 @EDC_Finance]

@MattLasky I actually am doing this right now. Looking at presentations or quarterly transcripts can take 20 minutes and give you better data than you can find searching online.

[Every Dollar Counts 🇨🇦 @EDC_Finance]

I wake up everyday wondering how you can hold cash, gic or bonds in your portfolio.

I'm still trying to find an answer.

[UncommonYield @UncommonYield]

You don’t realize how much paying things for cash is costing you.

[Every Dollar Counts 🇨🇦 @EDC_Finance]

Working out makes me less tired.

I'll pay a lot for a good workout.

[Every Dollar Counts 🇨🇦 @EDC_Finance]

I love when people say "I'm tired of seeing 25 year old's give investing advice"

I'm tired of 40 year old's who have been investing for 1 year give advice.

Age does not equal experience. Understand this.

[Every Dollar Counts 🇨🇦 @EDC_Finance]

@SteveOnSpeed For some people it can and for some people it can't. Everything is so partisan these days.

[Every Dollar Counts 🇨🇦 @EDC_Finance]

@TD_Canada wouldn't approve a credit limit increase to $5K. @cibc approved two cards with $10K limits in 5 minutes.

800 credit score, and been with TD for 20 years.

Not sure if I should be more scared I got 20K of credit in 10 minutes, or TD wouldn't increase my limit.

[Every Dollar Counts 🇨🇦 @EDC_Finance]

So many people focus on the job title and money they make.

I focus on the person I'm working for.

The rest will come.