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  1. M

    Trying to unf***k my finances, need advice

    @2corinthians1114 I agree with using the RRSP. You wont pay capital gains on the RRSP, but it will have a percentage withheld(I believe 10% for that amount) in anticipation of taxes, then it will be included as an extra $3700 in your income taxes this year. I'd 100% pay of the LOC first, then...
  2. M

    18 year old trying to make a long term investment

    @sant64 My advice is to open a TFSA, you may have to be 19 to do this depending on your province I believe as it requires signing a legal document. My recommendation is through WealtlhSimple, I really enjoy that they have no fees at all on their "Trade"(self managed) platform. Be sure to keep an...
  3. M

    Just heard of the Simplefile by phone tax filing service. Is it safe?

    @prodigalredeemed When you get through all of the questions on TurboTax you have to make sure you actually NetFile your return at the end of it(it prompts you to do this an it's still done through their website). I'm only assuming that you didn't do that last year. Once they are filed, you...
  4. M

    Just heard of the Simplefile by phone tax filing service. Is it safe?

    @prodigalredeemed I've always used TurboTax - it's free as long as you have a simple return. I'm interested in Wealthsimple Tax as I love their investment platform, but stuck with what I know this year. Maybe next year lol
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