GREY:CRIUF - Post by User
Comment by
deisman03on Aug 09, 2018 7:46pm
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Post# 28437041
RE:RE:RE:RE:RE:RE:RE:RE:RE:Smart move
RE:RE:RE:RE:RE:RE:RE:RE:RE:Smart move I do recall that and did quite well with limited amount of investing I was able to do.
My main investments at the time consisted of purchasing some land, which I logged off and cleared as well as the house I still live in.
There was a nasty divorce in that era as well and after selling the land, paying out the ex wife, I was financially strapped for a few years. Then there was a bout of Cancer that took up a lot of my savings/investments.
It wasn't until the late eighties that I really started getting set up for retirement. The first expenses I got rid of as fast as possible were my mortgage and all credit card debt. Then I made the plunge and got married again. This time to a much more financially responsible lady.
By then, the capitol gains taxes had changed and the only vehicle that offered some better opportunities were RRSPs, which had been around for a while but I didn't have the available cash to take proper advantage of. When the TFSA vehicle was offered I jumped on board and max out my contribution every year.
I will admit that if I want to take the wife on a special vacation or some unexpected expense rears it's head the money comes out of the TFSA.
I see Just Energy's price dived today on their Q2 report???? 10%???
I wonder if the astute investors sold off and jumped into KWH.un or we're headed for the same cliff????
GLTA the good folks here.