Hello /biz/
I have an income of roughly 2200$ per month, it's not much, but it's a comfy job and my expenses every month are just 100$.
I have 16000$ CDN saved and I feel like investing it in dividend paying stocks as well as ETFs, and keep contributing every month with a % of each paycheck.
Would this be a good long term plan? Or am I better off saving the 16k and building it up further to invest in something else?
>>1112575
Canadian Couch Potato, Vanguard, Questrade for free ETF trades.
>>1112575
how the fuck are your monthly expenses $100
>>1112575
Learn to do covered calls much higher ROC
http://ontt.tv/1NrsRXP
>>1112592
cell phone 40$ and gas 60$
I made an agreement with a landlord to stay in a bachelor apartment all inclusive for free in exchange for overseeing his other rental properties. She also also feeds me so it's a pretty great deal.
>>1112585
Should I start maxing out a TFSA with ETFs first or just use a normal margin account?
>>1112597
>covered calls
>higher return
Choose one. Only one.
>>1112598
does this landlord happen to be your mother?
lol
Brah...It's okay to say you live with your mom.
>>1112575
Have you considered buying Ethereum?
>>1112625
kek
>>1112625
Hahhahahhaaaaaaaaaaaaa
Top post
>>1112625
>>1112625
My sides are approaching the speed of light
>>1112600
Why not go with low mer indexes from td e-series, i know their a bit more expensive than ETFs but arent ETFs more problematic?
>>1113008
bump
>>1112934
Meme
>>1113008
Bump
>>1112575
You only spend 100 dollars a month to live anon?
>>1113008
bump
>>1112575
I'd invest it on moving away from your parents and forget investing money if you're only making $2200 a month. Now get the fuck out of my office.
>>1114763
>poor people actually think like this
>mfw
