I live in Canada. What the fuck do I do with $180,000?

I live in Canada. What the fuck do I do with $180,000?

My parents keep pressuring me to use the money to buy a condo/house 'before the housing gets too expensive' (Like in Toronto or Vancouver) but I pay $200/m in rent here and it's not terrible. They're right, the market is slowly creeping (houses raise by 5-20% a year).

Should I buy a house with this money (and maybe mortgage like, 50k?) or should I invest it in real stocks and shit (no crypto fags, if I was interesting in losing all my money I'd donate it to a fucking animal shelter or a cancer ward)

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>misses out on the Fourth Industrial Revolution because he's too much of a brainlet to watch Sergey Speak
You should buy a rope, and then hand yourself with it retard.
Trust fundies

Buy a week's worth of groceries

get a cheeky 10x in crypto then go 80% in BMO for dat dere dividends then put a down payment on a house then pay the mortgage with dividends
enjoy the neet life

>Buy a week's worth of groceries
sublime

I think that's enough for a couple nice steaks from barbarian's

Get a mortgage and pay off your house as soon as possible.

Kleros. Wait for a new ATH which is obviously inevitable, sell half. Repeat with another investment.

Put 100k in chainlink and
>no crypto fags, if I was interesting in lo-
ok well stay poor and enjoy your depreciating shitshack of a house then lol

Isn't it absolutely insane that the same banks that pay 3-6% dividends are the same banks that give 0.05% for their HISAs and 1.5% for GICs

The Canadian housing market is in the biggest bubble on earth. Don’t buy before it crashes.

>house
>depreciating
>the market is slowly creeping (houses raise by 5-20% a year).

Ok buddy retard

Or alternatively, pay off a house entirely in cash on Newfoundland or some shit

Use it as collateral to sell cash secured put options at ~10 days to expiration. Lets be a low-T baseboi and spread the risk, so, 30-delta puts on diverse assets, QQQ, ,TLT, and GLD

Right now if you did this you would sell:
QQQ 16OCT 273p for $300
TLT 16OCT 157p for $90
GLD 16OCT 177p for $100

Sell 3 contracts of each, backed by your $180k, gets you $1470 in 10 days.
Do this 3 times per month gets you $4410 in monthly income.

If you get assigned turn around and sell the 30-delta call. Simple as.

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You can buy houses in america and rent them out

Can sort of same the same, for at least my area, though, my knowledge isn't very extensive. With all the homes now being bought due to low interest rates, I'd somewhat expect their to be a downturn of sorts in terms of actualized house valuations.

The question is, not if house sellers will feel the pressure, but merely, if the pressure will last long enough for them to drop prices significantly.

By the way, money sitting is a huge capital inefficiency. If you're not at least investing it to outpace inflation, your buying power decays with each passing second.

Why not both? Put 3% down on a house, and invest the rest into stocks. Don’t ever pay off your house. 3% interest per year is nothing and your investments should beat that by huge margins if you’re not a fucking retard

Ottawafag here. If I had 18k I'd take it and move to to Texas. Canada has no future, at least not one that I want. Even rent is fucked, grocery prices have skyrocketed and their excuse is that "they were sold at a loss they're just catching up now"

Move to Texas. Pay less taxes, pay less for rent/houses. Get better pay for literally any job that you're in. Enjoy better weather. Enjoy more and better food. Have an actual culture and not have to cope with deciding between 4 cities in our entire shit country.

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Just buy some premium soups

Get a cheap house using some of the money to pay a 20% down-payment on a 15 year mortgage, then invest the rest of the money in real stocks, and use the income from that to help pay off the mortgage.

Also rent out the spare rooms in the house to help pay off the mortgage too.

Where in buttfuck manitoba do you pay $200 in rent

4 cities? What are the other two

roughly Ottawa, Toronto, Vancouver, Montreal.

Ottawafag until COVID made school online here. Ottawa is nice but the housing market there is absurd and groceries are getting pricier and pricier. Every time I go to the states and see food prices I'm in awe.

Honestly though, just buy a split between QQQ and TQQQ (let's say 70-30) and hold. Keep doing what you're doing and that will double in 7ish years if things don't go to fuck again. And even if they do, it'll recover.

Not even that, it's just the abundance. Every time I eat out in Ottawa I feel fucking ripped off. I went to a 711 in california and they had bottles of captain morgan whiskey for dirt cheap just sitting on the step outside that would have cost $60 at an LCBO behind a glass shelf.

What's even the fucking privilege of living here if all we get is shittier weather and a broke ass economy??? Canadians are retarded when it comes to america the amount of cope is unreal. Ask them for any reason why they don't like America and they give you meme answers and get really fucking mad when you challenge them on their misinformation.

Buy like 1 BTC and 32 ETH and wait for 5 or 10 years. Use the rest of your money on a house or buy stocks

Canuck here with both nationalities living in San Antonio. Confirmed true.

Pls tell me if there is a fast track way to get in. I don't wanna live in Ottawa when I'm 25.

Buy a house in MTL.

Interest rates are inexistant right now and you have enough to not pay a welcome tax on your down payment!

I’m an ottawafag too (IM OP posting from my phone) considering buying in Gatineau

I agree with you, I’m going to move to New York once I change my career and get experience here but I’m thinking about buying a place in Gatineau for the next 5 years

You could retire in some rural parts of America

What is a welcome tax?

I’m thinking about getting a bachelors and doing finance, I’m hoping to get into a good school but I haven’t been accepted anywhere yet (or even applied), currently working on my pre reqs

My sister moved across the bridge to save money and it worked somewhat. Not sure how much money you save honestly. But yeah same, I need to finish school, them get experience just to have something to bring to the other side. Why are you choosing new York? Aren't the prices as brutal as Toronto?

Put it all on OWL (StealthSwap). Guaranteed 10x within a week.