>>20943648>I'm just asking if you understand that putting in $100 a week will take you over 6 years to get investedI get that; it's just that while the market is overdue for a correction, it takes a longer time than anyone expects it to, but I also don't want to buy the top. Plus giving it a long time to average in means I can adjust the rate, say $150 or $200/week instead, if things look really good or really bad.
>Also I'm asking why you are locking a GIC instead of buying one of those liquid high interest savings ETFs like I said above that have the same interest.I'm not fond of etfs that mirror an existing product and collect an IMF on top of that. It's basically a fee that exists for not doing something myself.
>income$32k or so, I'm a Walmart wagie. Picrel was my NW snapshot from last quarter. Stuff like the $3k in my cash account is not ideal (eg could close it an put the funds into a credit union), since TD has that as an account minimum, it's a necessary evil since all my other accounts rely on it
