With rising rates, should you use any excess cash to repay your mortgage faster or invest in a taxable account?
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How we are paying off our $800,000 mortgage in 15-20 years
We are repaying our hefty $800,000 mortgage in 15-20 years through accelerated payments, increasing our bi-weekly payments and refinancing to lower rates.
Continue readingLJ Financial Plan: Our roadmap to freedom
Loonie Journey’s plan to financial independence, including asset location, asset allocation, emergency funds and insurance policies.
Continue readingAsset Location: How to prioritize contributions between TFSA, RRSP & other accounts
Everyone would love to max out every tax-advantaged account, grow taxable accounts and repay mortgage all at the same time. But cash is limited, so contributions should be prioritized into the right accounts to grow wealth.
Continue reading2022 Goals: Focus on savings, ignore the noise
Many are expecting lower stock market returns in 2022. How should one reposition their portfolios? If you’re in it for the long haul, focus on what you can control and ignore the noise.
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