▲ 13 r/fican
80k falls from the sky when you are 19 ….
Let’s say god has blessed you and 80k falls from the sky right into your lap.
You have no major debt but expect a very maximum of 40k in student loan fees to pay off when you are 23ish. You are a student attending a top STEM school and are projected to get a good high paying job at the end of your degree and have paid most of your degree off with coop earnings.
Now … what do you do? You have 9k of space in your TFSA (made up 95% of XEQT) but more money to potentially invest then you have space.
Also considering, we are likely at all time highs, so is it the best idea to invest it right now? Esp with majority in a non-tfsa account?
What would you do in this fictional scenario??
u/Delicious-Site-2855 — 13 hours ago