u/Network-Silver

I currently owe 60 000 on my mortgage and have invested 30000 in my TFSA. My mortgage interest rate is 3.79%. I also have access to a HELOC with over 100 000 available with a 4.95% interest rate. Over the past 5 years my TFSA has had an ROI of 12.5%.

I have rental income as well as modest income from my job. I do okay but am not rich by any stretch. Would it be too much risk to use the HELOC to max out my TFSA and use the interest generated to pay down the loan?

Edit: adjust and clarify my phrasing

I'm looking for somewhere to take my mom on a walk/easy hike on or around Mother's day. We have been to many sections of the Bruce Trail, Short Hills, Decew Falls, Rockway Conservation Area, Fireman's park, and Woodend. I'm trying to find a spot she doesn't know about yet. Bonus points if there is somewhere nearby to get coffee or beer

I'm considering going back to school for a two year degree, but only if it is more or less a sure thing.

Here's some background to give you an idea of my skillset and what I am looking for. I'm about to turn 38, I went through a career change in 2020. I started off in a job that had me a little on the shop floor a little in the office. I loved it, I loved my team, I liked contributing to making people's homes, I liked problem solving, but the pay was low to the point of being unsustainable. I left to do an apprenticeship, I didn't love it but I thought it was a good option so I could work and learn skills. I wasn't amazing at it but good enough until the company had to downsize and I wasn't able to find a new employer to support the apprenticeship. After that I worked in quality control at a place that didn't care about quality and was completely toxic in every way. I finally found another job that seemed more like something I could do long term, something project management adjacent. I thought I was doing okay but they fired me after 2 weeks which wasn't even enough time to learn their system, no reason given.

So, does anyone have any suggestions for a 2 year degree that will lead a 40 year old lady to a job with okay hours, okay people, and at least mild job satisfaction?