As I mentioned in my last post, the Money Hacker family moved from Ireland to Canada in June 2023. At that time we had assets in both Canada and Ireland. This post will go through how we decided to centralise and invest our money in Canada and what we invested in. Asset shift Before we … Read more
See why Meagan has decided to pay off her mortgage before building a passive income investment portfolio despite it being less profitable mathematically.
In this post I answer the question, is it better to invest in small amounts regularly or in larger lump sums to reduce transaction charges. I’ve been asked this question a few times and decided to analyse a number of scenarios to sense check my answer. Scenario 1: Invest 200€/month in average growth year Invest … Read more
See how a variable rate mortgage wins over fixed in almost every way.
This post will go through my take on how the pandemic market volatility and uncertainty has changed my investment strategy and financial freedom plan. Firstly, before I get into a financial post, I want to acknowledge that people are losing their lives. Front line workers are exposing themselves every day to help fight this pandemic. … Read more
A list of Canadian tools I use and love to save or manage your money.
As you may know, I am very concerned with the state of the environment. As such I feel a little hypocritical with my current set of investments which basically has me supporting/funding oil and gas companies and other questionable asset classes as a shareholder. I’ve been doing a little reading on more sustainable ETF options … Read more
Everything you need to know about investing in Canada, from getting started to withdrawing tax free in retirement.
In this post, Meagan outlines the make-up of her Canadian ETF portfolio and explains why she chose a split of Global (VVL), Developed Europe (VE), Canada (VCE), S&P500 (VFV) and Emerging Markets (VEE) ETFs.
Save on management fees by opening your own investment account for your RRSP. See how here