I get a little ZING of energy every 2nd Wednesday (payday!) as I get to add to my $XEQT positions. ⚡ I need to dial back how much I invest now until the end of the year. I despise old man winter and I'd like to vacation at least 3 weeks this snowy, grey, dark and cold season that's just around the corner so I need cash to stay in my bank account! I contributed $392.22 to my non-reg and $300 to my leveraged PLOC non-reg account today bringing my total $XEQT share count to 1,904. As much as I'd like to hit 2,000 shares by EOY, my new goal is to achieve that mark by my 31st birthday in February. I have $36,601.58 in cash that I put away for a car and that I'll use to max out my RRSP in the new year. If you don't know, my 2019 Accord was stolen on Easter Sunday by a bunch of bandits leaving me with my 2009 Civic (looking back it was a blessing in disguise.) Unless the Civic gets totaled and given that it only has 160km, it should last me quite a bit longer so I am comfortable with using what's needed from the $36k I have in cash to invest. Much smarter to buy the remaining 96 shares in the tax deferred account than my non-reg. If you're interested in meeting up to talk all things personal finance, see the Facebook group link in my bio and join! I took a break from the group for October but we are to meet in November! 😁
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17 Comments
Catherine
@ffcatherine · 3d
I agree with going on a vacation to chance your environment etc vs piling every dollar in (you’ve already got yhr momentum started young ) But I’d suggest you keep at least 25k in case you do need a new car soon .. you just never know
Regis
@mytranslator · 3d
I feel you, going to Cancun in January to prevent my seasonal depression. 😅
Damien @damien19 · 2d
Always nice to treat yourself once and awhile, well deserved! I’m also planning to slow down for a couple months to hopefully go to Japan!
Akif
@iamakif · 3d
The payday zing is the part most people never get to, the buy is boring and the habit is the asset. Dialing it down for a winter you'll actually enjoy isn't a step back, the routine survives the pause. Do you keep a smaller auto buy running or stop it fully?
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