There's a 100% Chance of Death and Taxes in your lifetime... There's also a 100% Chance you see: 1) Micron $MU hit $2,000 2) $DRAM hit $200 3) $VOO hit $1,000 4) $QQQM hit $500 5) NVIDIA $NVDA hit $400 In your lifetime...
I am currently 47 years old. Unfortunately in that time frame I have lost a lot of family members. Some (most) were accidents, some to age, some to cancer, and one to suicide. That’s 11 deaths total. Only 1 person out of 11 had a will. When you are grieving the last thing you want to do is close an estate up. It’s even harder if nothing has been prepared in advance. After the initial shock of the death settles (the phase where everyone is usually nice), greed comes through in a most alarming manner. I’ve watched people turn into monsters. Make sure you have a will!!!! or people will fight.  I know most people hate thinking about their death or their spouses death but honestly it’s just a fact of life. I’ve personally been the executor of 2 estates now. This is my advice: 1. If your young get life insurance. If you’re retired it’s not worth it. 2. Make sure you have a will. 3. Make sure you have a personal directive. 4. Make sure you have a power of attorney set up. 5. If your married make your spouse the beneficiary of your TFSA and RRSP(has to be done through the account not the will), they will roll into the spouses account without taxation. 6. If you’re married, and you own a house, make sure both names are on the title, joint tenant, NOT tenant in common. This activates right of survivorship on property and doesn’t have to go through the estate. 7. If you’re married, both people should have their name on all the vehicles, joint, otherwise it’s a headache after death. 8. Buy a file folding system. I have a plastic one that has a clasp and handle. 9. Put EVERYTHING in this file folder that would be needed if you died tomorrow. a) all land titles B) information on house insurance so it can either be eventually canceled or name changed over. C) your will (or the location of your will),  power of attorney, and personal directive D) the information for your car, car insurance, and registration on vehicles. E) information on life insurance. F) all current year papers needed for filing your taxes. Because the survivor will have to do it and will need that information. G) where your household bills are. ALL OF THEM, electricity, gas, Netflix, magazine, subscriptions everything you can think of that is in their name. Because you are going to have to cancel them. H) their credit card information where to contact to cancel the cards I) birth certificate, SIN numbers, marriage, license, etc. J) information on all your investments accounts, bank accounts, etc. K) anything else you can think of for your situation If you’re married, I’d have one box per person. When you die, the funeral home will issue many death certificates. And your lawyer will give you copies of the will. These will be needed to change over any accounts. Everything else goes through the estate which is taxed and the lawyers take their fees so I’d avoid this as much as possible especially if you’re married. This is why having property in both people‘s names is so important because it doesn’t have to go through probate. I am widowed now and I have my black file folder and my two remaining children know if something happens to me, all they have to do is grab the folder. Everything they need to take care of my estate will be located in this folder. At the beginning of every year, I open this file up and go through everything to make sure it’s up-to-date. If you are young and do not own much or can’t afford a will, you can draft one up but it must be handwritten to be classified as a legal document. You cannot type it out!! If you’re not worth much, everything will most likely be sold to pay your bills and cover your funeral expenses. But you can state who your executor will be in your handwritten will.  Disclaimer I’m not a lawyer or an accountant and this is not legal advice. Talk to a lawyer and talk to an accountant. Make sure everything is set up for you and your situation. These are situations that I personally ran into. Good luck Also I’ll add in. IF you have a lot of assets make an appointment with your accountant first. They will tell you how to properly set things up. Then take that information to your lawyer.
So recently I have been moving my personal finances (chequing) to $EQ because better interest 1% vs like 0.01% but kept my savings at $TD but today was the last straw. Literally had zero idea that every transaction in my EVERYDAY SAVINGS (thats the account name) came with a $1 fee so got $64 sucked out So thats it, Savings now in EQ so i can get better interest and unlimited transactions Only keeping TD open as a bridge for cash (since I cant put cash directly into my EQ it needs to go throw a bank that transfer over)
😎 Quick PSA that we have <$400k in allocation room left for accredited investors to invest in Blossom! To be accredited, you need either >$200k in annual income or over $1M in net worth. If that’s you, here’s the link if you want to invest - https://www.frontfundr.com/blossomsocial2026 🚀 We’ve already had $1.1m invested from accredited investors alongside the $1.5m invested from non accredited that filled in 2 hours 🤯 🤗 Huge warm welcome to all our new shareholders and shoutout to all our existing shareholders who increased their position. I noticed a few shareholders who invested all the way back in 2022 (before Blossom even launched) reinvested in the round which was pretty cool to see 🔥 🎁 Will get all the perks sorted this week, make sure you’ve filled out the form with the same email as your Frontfundr email! 🇺🇸 For US folks stay tuned as we’re working with some US platforms to do a similar opportunity for you all to also invest!
I’m not buying this for the next few months, I’m buying it for the next 10+ years. Short-term volatility doesn’t change my thesis. Here’s why I’m bullish: • It provides exposure to innovative companies with strong long-term growth potential. • I’m betting that the businesses it holds will continue to benefit from trends like AI, cloud computing, software, and digital transformation. • It gives me diversified exposure while still focusing on growth. • The biggest gains often come to investors who stay patient through the ups and downs. I’m not trying to time the market. I’m building positions in assets I believe will be worth significantly more over the long run. Who’s else owns $SPCX, or is there another growth ETF you prefer?
Pretty cool update yesterday - we now have the full in-app experience live for Toronto BlossomCon! Make sure you update and you’ll see the option in your profile menu tab. You can see which of your friends are attending and even leave questions for the panels 😎 We’ll pull a few of the top questions for each of the panels on the day on top of the moderated questions! Coming soon for Vancouver/NYC as well. 🇺🇸 Also this deserves it’s own post, but folks in US can now buy/sell directly on Blossom through our partnership with Public 🤯 Note Gold/Silver/Cash unfortunately got delayed until July 20 but pumped for that one too! 🥲
Buying $AMZN under $250 might be one of the best risk/reward opportunities in the entire market. I still believe Amazon can be an easy 2–3x over the long term.
#MU #ASML #LRCX #KLAC All took significant hits today. Trump & false Iran promises and mark zuk’s new cloud compute system got all the short term money stirred up moving sectors. I’ll take my discount, bought $500 more of each #MU #ASML #LRCX #KLAC
One of the best parts about the Blossom community is how open everyone is sharing knowledge and experiences. To make things easier for anyone just starting their investing journey, here’s a simple glossary to help understand and simplify various terms. Common Terms: Dividend: A share of a company’s profits paid to shareholders, usually quarterly. Ex-Dividend Date: The cutoff date by which you must own a stock to receive its next dividend. ETF (Exchange-Traded Fund): A fund that holds multiple stocks or bonds, traded like a single stock. Covered Call ETF: An ETF that owns stocks and sells call options to generate extra income (higher yield, limited / capped upside). Earnings Report: A company’s quarterly financial performance summary. EPS (Earnings Per Share): A company’s profit divided by its number of shares. Market Cap: A company’s total value (share price × number of shares). ACB: The total amount you’ve paid for an investment, including the purchase price plus any fees or commissions. Book Value: The value of a company according to its financial statements (assets minus liabilities). Yield: Annual dividend as a percentage of the stock/ETF price. Liquidity: How easily an asset can be bought or sold without impacting its price. Volatility: The degree of price fluctuations in a stock or market. Index: A benchmark of stocks (e.g., S&P 500, Nasdaq, TSX). Bull Market: A period of rising stock prices and optimism. Bear Market: A period of declining stock prices and pessimism. False Breakout: When a stock’s price moves above (or below) a key level, making it look like a new trend is starting, but then quickly reverses back. P/E Ratio: Price-to-earnings ratio (stock price ÷ EPS), used to assess valuation. Blue Chip: Well-established, financially strong companies with a track record of stability. Diversification: Spreading investments across assets to reduce risk. Broker: A platform or firm that facilitates buying and selling investments. Limit Order: An order to buy/sell a stock at a specific price or better. Market Order: An order to buy/sell a stock immediately at the current market price. Bid/Ask Spread: The difference between the highest price buyers offer and the lowest price sellers accept. Dollar-Cost Averaging (DCA): Investing a fixed amount regularly to reduce the impact of market swings. Capital Gain/Loss: Profit or loss from selling an investment for more/less than its purchase price. IPO: When a company first sells shares to the public. Index Fund: A fund designed to mirror the performance of a market index. Short Selling: Selling borrowed shares, hoping to buy them back cheaper. Margin: Borrowing money from a broker to buy investments, which amplifies gains and losses. Time Horizon: The length of time you plan to hold an investment before needing the money. Short horizons = more risk-sensitive, long horizons = more room to ride out volatility. Stock Split / Reverse Split: A split increases the number of shares (e.g., 2-for-1) while lowering the price per share. A reverse split reduces the number of shares (e.g., 1-for-10) while raising the price per share. Your overall value doesn’t change just the math. Long (Being Long): Buying a stock or asset because you expect the price to go up. Short (Being Short): Selling a stock you don’t own because you expect the price to go down, so you can buy it back cheaper later. TER: The total yearly cost of owning a fund, including the management fee plus other costs like administration, audits, and legal fees. MER: The annual cost that a fund charges for management (includes any leverage costs if used). Management Fee: A portion of the MER that goes directly to the fund managers for running the fund. Withholding Tax: A tax deducted on dividends/distributions from foreign investments (e.g., U.S. dividends to Canadian investors face a 15% withholding in TFSA/Non-Registered accounts). Total Returns: The full picture of an investment’s performance, including both price gains and dividends/distributions. CAGR: The average yearly growth of an investment over time. NAV: The price of one share of a fund (stock or etf) NAV Depreciation: When the fund’s share price goes down over time. Mutual Fund: A pool of money from many investors used to buy a mix of stocks, bonds, or other assets. Bond: A loan you give to a company or government, and they pay you back with interest. Asset: Anything valuable you own that can generate money. Portfolio: Your collection of investments. Option: A contract that gives you the right (but not the obligation) to buy or sell a stock at a set price. Future: A contract to buy or sell something at a set price on a future date. REIT: A company that owns real estate and pays investors income from rent. Alpha: A measure of how much better (or worse) an investment did compared to the market. Beta: A measure of how much an investment moves compared to the market. Sharpe Ratio: A way to see if returns are worth the risk taken. Hedging: Protecting your investments from risk. Rebalancing: Adjusting your portfolio back to your target mix of assets. Understanding these terms makes investing far less intimidating. If anyone feels other terms should be included, please share in the comments. I’ll update this post so we can build a complete beginner-friendly resource together! *Sorry tagged a few etfs for reach 🫣
I have been trying to get to a $10,000 cost basis for the longest time since I started investing, and I just hit that milestone literally 1 minute ago when I lowered my cost basis on $REMX. I have faced a lot of setbacks that have held me back, one of which being a huge tax bill I got hit with last year. It feels good to finally hit this milestone. I plan to keep stacking, but I feel assured knowing that I finally have $10,000 working for me in the market.
Volatility is back in full force. 👀 📉 $SPX rallied toward 7540 before reversing sharply. The key level now is 7500 if buyers can reclaim and hold it, the bullish case remains intact. 🚀 $HOOD finally broke above 110 and pushed to 120 before pulling back. Holding above 112 would be a healthy sign if the uptrend is going to continue. 📈 $QQQ came close to 731 but couldn’t hold the momentum. I’m watching 722 as an important level for buyers to regain control. Today’s price action is a good reminder that patience pays. Let the market confirm the move before jumping in. 📈💪
