10-25-2015, 09:12 PM
Paul, you've got a good start there.
Ummmm, at 26 it may be time to move on
but I wouldn't be in a rush to buy a "money pit" just yet. Especially in your market right now. An apartment in the suburbs maybe? Oshawa? Oakville? Get your emergency funds locked up, add a little to your portfolio as you go, drop in to the Zanzi on Yonge every once in a while (did I say that? 
) and enjoy life.
I just commented on BLTN's portfolio thread over here for a U.S.-centric view. We have quite a few Canadians here that may have some good suggestions for you too.
Looking forward to seeing how you progress.
(10-25-2015, 12:05 PM)jhpaul Wrote: I'm in a very awkward stage of my life where I need to look to invest in real estate (ie. move out of my parents home) but the housing market's just crazy where I live (Greater Toronto Area)... So I thought I'd stick to dividend stocks for now.
Ummmm, at 26 it may be time to move on
but I wouldn't be in a rush to buy a "money pit" just yet. Especially in your market right now. An apartment in the suburbs maybe? Oshawa? Oakville? Get your emergency funds locked up, add a little to your portfolio as you go, drop in to the Zanzi on Yonge every once in a while (did I say that? ) and enjoy life.I just commented on BLTN's portfolio thread over here for a U.S.-centric view. We have quite a few Canadians here that may have some good suggestions for you too.
Looking forward to seeing how you progress.