Hey hey everyone! We’re back with another quarterly life and net worth update. These are the posts I actually still enjoy writing these days. Big 3,000 word post so grab a cup of coffee or tea before digging in.
What Happened in Q1 2022
- 2022 has officially sucked in our household. As far as I am concerned, we can just jump to 2023 and wipe 2022 from our memory. And I am NOT talking about the dip in the markets. We have experienced 3 dear people experience some pretty horrible events. One of Nic’s best friends from her college hockey team passed away in a tragic skiing accident in January. She was 33. We were literally texting her the night before about making plans to visit in March. If you’d like to honour her, please watch the documentary Intelligent Trees which can be viewed either through Amazon Prime or through the Kanopy app (free, just need your library login to sign up). Just a few days later, Nic’s sisters husband was diagnosed with Stage 3 cancer and recently started chemo. He’s 41 and has 2 kids. And just a few weeks after that, I received a phone call from my boss that my co-worker who I split my part time schedule with (I worked nights she worked days) suddenly passed away in her sleep the night before she was supposed to come in to work. She was 45. I still cannot believe I’m writing all of this. It’s utterly shocking to realize how fragile life really is. This is your reminder to reach out to those you love and give them an extra squeeze and let them know how much you care for them.
- As for the markets, they haven’t been great either. VTSAX, which tracks the overall US stock market, is down ~5.7% since the start of the year. VCN, which tracks the overall Canadian stock market, is up 3.9%. VIU, which tracks the developed markets, was down 9.3% for the first quarter. And VEE, which tracks the emerging markets, is down 7.9% for the quarter. There are quite a few factors playing into these drops, the biggest being the war between Russia and Ukraine. I still cannot believe what this Putin monster is doing and the brainwashing going on in Russia is incredibly saddening. President Zelensky seems to be such a class act and it is admirable to see how he is handling all of this. Slava Ukraine!
- It’s now been 9 months with both of us off work and it still remains glorious. For those who think early retirement is going to be boring – throw some young kids into the mix! Our days are full yet on our own terms which, to us, is the perfect balance.
- I’m currently writing this post on Vancouver Island as we’re out on a 6 week adventure. I’ll write a post on the trip so I’ll keep it short on this update. We are trying to explain to Finn that a 6 week family trip is not too common for most households! We talked about how most parents are at work most days throughout the year and get a few weeks off that they split up over the whole year. Her response was “Momma, can you never work again please??”
- It’s been great to connect with more FI minded folks. We got to hang out with 4 BC FIRE friends this quarter while on our trip which was so nice! Great meeting you Chrissy, Shaidah, Erin and good seeing you again Chris! Building up this community is what this blog is all about.
- I tallied up our spending for these first 9 months on leave and so far we’ve spent $26,225.
- This does not include our mortgage or HOA as our rental income is paying for that and when we want to be mortgage free we simply will sell the paid off townhouse and be done with the mortgage forever (and HOA as it’s linked to the townhouse).
- One off expenses this quarter:
- RESP contributions for both kiddos. While technically the RESPs still belongs to us, we view this money as our kids money, so counting it as an “expense”.
- We owed the CRA ~$775 from last years tax filing for missing something – whoops! This is the first time we’ve ever had to owe anything after the fact. Lesson learned (we filed too soon and didn’t account for a T3 form that hadn’t come in yet).
- My brother and mom are coming up to visit in May (woohoo!) and my brother and I split my mom’s flight cost.
- We donated some money to Nic’s sisters husbands cancer fundraiser to help with additional assistance that he will need while off work for a bit. We also donated some money to Nic’s friends memorial to help create a scholarship for future student athletes.
- A large chunk of our Vancouver Island trip spending occurred in March. We estimated we’d spend around $4,000 on this trip so we shall see how our estimating works out.
- Over the next 3 months we will have a few additional planned one-time expenses on the horizon: our annual property taxes (~$3,000 for our primary residence – property taxes for the rental are covered by our rental income) and our annual car insurance (~$1,500).
- I’m curious to see what our total spending during the first 12 months off on parental leave comes out to be. My guess is we will spend right under $40,000 during this first year off. With a 4% withdrawal rate, that would equate to an investment portfolio of $1,000,000.
Book Giveaway
We also have a book giveaway this quarter! We are excited to gift a copy of Andrew Hallam’s latest book, Balance, out to a lucky reader!
I came across this review of the book on Goodreads and it really resonated with my thoughts.
This too is the third book of his I’ve read (the others being Millionaire Teacher and Millionaire Expat) and I found it a bit repetitive. While this book does cover some topics beyond money, I thought this was going to be mostly focused on the non-financial side of the equation. However, to me, this book read more like Millionaire Teacher 2.0. I am forever grateful for Millionaire Teacher as it has many easy to understand concepts and resonates with the FIRE community. Balance throws in some summaries of some behavioral science books, most of which I’ve read, so it was nothing new to me.
The fact that I’ve read three of his books showcases that he is a great writer. If you haven’t read any of his other material before it’s definitely a worthwhile read. If you have read his other books, you might not get as much out of it.
This contest is open to readers from Canada or the US. To enter, all you have to do is comment in the post below letting me know you’re interested. That’s it! Every person who comments will be entered to win and the winner will be selected in early May.
If you have read Balance already, I’m honestly very curious to hear what others who have read the book think about it so please comment below too (and let me know if you want to be entered or not)!
Enough of the small talk, let’s dig into the numbers to see where we are at!
How Do We Stand
As noted in our recent post with our updated FIRE goals/numbers, we are aiming to get to the ~$1.26M mark as our FatFIRE goal. When I took off on parental leave, my goal was to somehow reach this figure by the time my parental leave is up thanks to my 1/2 year bonus for 2021 that I recently received in March + compounding doing its thing + our low spend allowing us to keep our capital preserved while living off EI (pay for parental leave) + CCB (Canada Child Benefit). In Q4 2021 we were sitting at $1,234,406 without the mortgage so $25,594 to go. So closeee! Let see how we compare with our goal.
Our current liquid portfolio is sitting at:
$1,253,476
We are iiiinnnnccccchhhhhiiinnnnnggggg to the finale!
Townhouse Update
We do still have the mortgage in place on our home while renting out the paid off townhouse. While the passive income from our rental has been quite easy, we decided now’s the time to sell the townhouse.
Our real estate market has been relatively stagnant since we bought the unit in 2016 (we were actually trying to sell it for a loss in 2020 and couldn’t even do that!) and just over the past 6 months or so we’ve really started to see inventory dry up and prices come up. Not only are people moving to Cochrane (it’s the fastest growing community in Alberta and 11th fastest in Canada) but investors from BC and Ontario are starting to see the light and moving their investment money outside of their insanely over-priced provinces and are heading toward lower priced markets instead. (Ahem… FI Commune in Cochrane anyone?!?) I do feel genuinely bad for renters and first-time home buyers at this time as the housing crisis across Canada is getting insane.
We are meeting with our realtors in a few weeks to talk pricing/strategy but are hopeful to sell in the $375,000 range. This is huge for us as we listed our townhouse in August 2020 for $311,000 and couldn’t sell it then – hence why we are renting it now.
While we will make a small profit on the sale, we’re talking ~$45,000 (after realtor fees) after 6 years of ownership. So about 2% annual returns. This is peanuts, but better than a loss.
Mortgage Balance Remaining: -$302,054
Net Portfolio: $951,422
Changes This Quarter
I ripped the bandaid and sold off our ARK funds. Definitely took a loss there and lesson learned to ignore any sort of noise that arises. Definitely easier said than done.
We opened up an informal trust account for each kid and put $5,000 into Parker’s and $6,750 into Finn’s (to account for 10% gains over the past 3 years since we didn’t start it when she was born) as their “CoastFI” inheritance. If you haven’t read Chrissy’s post on The Ultimate Guide To Informal Trusts For Canadians – get on it! We decided to go with VEQT with these accounts to keep everything simple. This is not the most “optimized” fund choice but we are learning that simplicity really does count for something.
We do not include our kids RESPs and ITFs in our figures so that wiped out $16,750 of our cash this quarter ($11,750 into the informal trusts and $5,000 into the RESPs).
My Bonus
Oh boy, my bonus. Last year I wrote about the largest bonus I have ever received from work. Well in March, I received my bonus from 2021.
Let’s back track for a second.
In 2021, I worked part-time for 6 months from January – June before taking off on parental leave. I work shift work so that came out to 36 12-hour shifts over a 6 month stint. With me? Our team had another crazy good year and I was hoping for a bonus around $50,000 which would be around $30,000 after taxes (which is wild to me!). This would equate to around half of what I received last year (where I was in the full 12 months).
Well. Are you ready for this…? (I sure wasn’t.)
$178,810….!?!?!?…..
For working 36 shifts…. I still am in shock. Complete. Utter. Shock.
That’s like getting a $413/hour raise on top of my $63/hour salary.
This means if I worked part time for all of 2021 and didn’t take off on parental leave, I would have received a bonus north of $300,000 for a PART TIME job. Absolutely INSANEEE!!! Never ever ever did I think this is what my pay would look like. (For those who are curious and unaware, I am an energy trader.)
Now of course I did not see $178k enter my bank account. Of that, $114k was cash and the rest is RSUs (registered stock units) which vest over a 3 year period (1/3 in March 2023, 1/3 in 2024, and 1/3 in 2025). So if I decide not to return, that would all be gone. Of the $114k cash, $86k was deposited after tax was withheld. $86k!! I still cannot believe it.
So that is why the markets have dipped this quarter but our portfolio remains relatively unchanged even without any work happening from our end.
The complete cherry on top to all of this is that I read the email with all of this information on my birthday. Happy birthday to me!
Portfolio Details
Once we FIRE, any taxable income/dividends we receive from our taxable account we plan to withdraw, rather than drip right back into the non-registered account, with the purpose to shuffle over to our TFSA instead for some tax sheltering. We will also withdraw from our RRSPs first up to the federal basic amount (accounting for any dividends, rental income, earned income, etc) to shift over into our taxable accounts for tax purposes as we drain the cash wedge down to 1-2 years of cash.
Stocks/Bonds/Cash Allocation:
- Stocks: 77.6%
- Bonds: 5.6%
- Cash: 15.2%
- Crypto: 1.7%
We’re sitting heavier than we want in cash right now thanks to the recent bonus payout. Will be shuffling a good chunk of the bonus money into our taxable account.
We’re currently sitting at a 66/34 USD/CAD split. With the USD/CAD exchange rate sitting at 1.26 our liquid portfolio fully converted into CAD is $1,467,856.
Withdrawal Rates
Let’s see what this means when it comes time to withdraw. I like looking at a few different scenarios as we can cut down our spending if need-be in hard times (market tanks). I also like looking at what our withdrawal rate looks like with Canada Child Benefit (CCB) factored in since it is such a juicy benefit that we will be receiving for the first ~15 years. As previously mentioned, we do NOT rely on any external support in our FIRE figures (CCB, CPP/SS, OAS) and view them as icing on the cake or to account for any future unexpected medical expenses we may encounter in old age.
| Convert CAD to USD | w CCB | Not convert to CAD | w CCB | ||
| $25k/year | 1.70% | 0.55% | 1.99% | 0.64% | |
| $35k/year | 2.38% | 1.23% | 2.79% | 1.44% | |
| $40k/year | 2.73% | 1.57% | 3.19% | 1.83% | |
| $45k/year | 3.07% | 1.91% | 3.59% | 2.23% | |
| $50k/year | 3.41% | 2.25% | 3.99% | 2.63% | |
| $55k/year | 3.75% | 2.59% | 4.39% | 3.03% | |
| $60k/year | 4.09% | 2.93% | 4.79% | 3.43% |
It’s pretty awesome to see that the only scenarios where we are currently over the “4% rule” is if we spend $55k/year and not have the USD/CAD conversion in place and also assume $0 in CCB. Similarly at the $60k/year mark we are over if we do not include CCB. It is highly unlikely we will spend $55,000+ every year and have the USD/CAD sit right at par and somehow see CCB dramatically altered/removed in the near future.
Like I mentioned early, I’m estimating we are going to spend just under $40k during this first 12 months off on parental leave so seeing this chart sure gives me all the warm and fuzzies.
Putting It All Together
Total Assets:
- Liquid Investments: $1,253,467
- Townhouse: ~$300,000*
- Home: ~$400,000*
- Total: $1,953,467
*We likely will sell our townhouse for more than this in a few weeks/months but will leave it as is until the sale is finalized. Our house could sell for over $500,000 in today’s market but we like to keep this value close to our purchase price as we do not know the true value until we actually sell in the future.
Total Liabilities:
- Mortgage on our primary residence: $302,054
- Total: $302,054
Net Worth:
$1,953,467 – $302,054 = $1,651,413
Total: $1,651,413
There we have it! Comparing this to last quarter, we were sitting at $1,629,862 so we are up $21,551 or 1.01%. I say it every time, but it’s true, these numbers continue to amaze me. Not too shabby considering neither of us are working!! Comparing this figure to this time last year, our net worth was $1,481,465 so we are up $169,948 or 11.47% in a 12 month period.
Since taking time off at work in June 2021, we’ve seen our net worth grow by just over $127,000. This is just wild to me. It will be fun to track this number over time.
During Q2 2022 we will shift some of the bonus money received into our non-registered account. We also will be receiving our 2021 tax return, which we shuffle the funds over to our Spousal RRSP. We also should see a big cash payout from the sale of the townhouse since we own it free and clear. Still need to contact our mortgage lender to see if we can pay off the entire mortgage in one fell swoop or if we can only do our allocated annual lump sum payments each year until it’s paid off in full. We understand this is likely not the wisest move from a financial standpoint but from a psychological standpoint we do not want to owe anyone anything once we FIRE.
Even though I understand the magic of compound interest, it continues to amaze me. I still feel quite confident that we will reach our FatFIRE goals before my parental leave is up which is crazy to think considering neither one of us will be working! I’m really interested to see what our net worth looks like 3 months from now after a full year of no employment income at all to report besides my bonus from the work I did from earlier in 2021.
Those following along know we have a few other items in our portfolio that we like to hide behind the scenes as our true emergency fund such as my Health Savings Account (HSA), my pension from my previous employer, Nic’s small 401k from her former employer, our children’s RESP, and any CCB/CPP/SS/OAS potentially coming our way in the future. So for the sake of this exercise we are not including them.
The key to all of this is to stay flexible. If we see the markets tanking during the early years we have no problem tightening the spending belt and taking some staycations vs longer vacations. We also have no problem picking up some fun part time gig for 15 hours a week to add some extra padding. We are humans, not robots, and are capable of adjusting plans if need be.
Voila! Stay tuned to see how our net worth has changed in 3 months when we check back in on this. Stay weird and wealthy muchachos!
What do you guys think – should I head back to work for one more year syndrome or not?! Remember to comment below if you want in on the book giveaway 🙂
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Love the update and would love a copy of the book!
Thank you Gigi! We’ve entered you into the drawing 🙂
Interested 🙂
Got ya entered into the list, thanks Rachael!
Hey Court, thanks for the update! Your trip sounds awesome, I can’t wait to hear more about Vancouver Island. I’d love to visit someday : ). I recently read Balance (no need to enter me in the contest) and I had never read any of Andrew’s books. I enjoyed it overall. What I enjoyed the most was his perspective on parents paying (or not) for their kid’s college education. It makes you think!
It was amazing to spend 6 weeks away from home so we didn’t feel rushed which was so lovely. But spoiler alert – it was super rainy!
Funny, I enjoyed his parenting chapter the most too! (And he doesn’t have kids of his own hah!) Glad to hear this was a worthwhile read for someone who hadn’t read his other material before.
I’m definitely interested in that book. Thanks for your updates!
Noted, got ya in the drawing Dave! Appreciate you reading 🙂
Good job! Love reading your blog and updates 🙂
Thank you Sophie, appreciate it!
I love reading about real numbers behind FIRE. Thanks for sharing these posts! I’m interested in the book too!
Thanks Susan for the feedback and you are welcome! Added your name to the drawing 🙂
I am very sorry to hear of the passing of your friend and co-worker. Wishing your brother-in-law all the best in the difficult journey ahead of him. Glad you are enjoying your time with your family and friends..that is the most important thing in life. 🙂
Thank you Diana – it’s been a tough few months for sure. Completely agree – spending time with people you love trumps all.
Ah so sorry for the personal losses. It’s a true reminder to live life on our own terms. Will be thinking of the brother-in-law in the weeks ahead. 🙏
I haven’t read any of the books, so would love to get a copy!
Thank you for the kind words Hillary. It really is. If this doesn’t spark a “FIRE” under us to prioritize things I don’t know what will. I’ve added you to the drawing 🙂
“What do you guys think – should I head back to work for one more year syndrome or not?!”
NO lol
You’re loving and living life as is 🙂
Haha this is very true Cass! It’s hard to even think about heading back after this time off.
Court, Nic: please accept my heartfelt condolences on the loss of your friend (far, far too young–I read the piece in the TO Star–she was a force of nature), colleague and for the unforgivably challenging journey your brother-in-law is on, Nic. Your stories resonated with me deeply; I lost three friends (one to cancer in her 30s), another to cancer (in her early 40s with two young children…diagnosed with stage 4 cancer…two days after she had run 16k in prep for a 1/2 marathon) and another in her sleep (also early 40s w/ two young children).
It cemented the notion of just how fragile life is, how important it is to always tell those you love just how much you love them and to live (as much as you can) in the present. You’re both amazing women with two beautiful children–enjoy every moment with them. As for work, there will *always* be the lure of “one more year”…but the cost just may be too high. Thanks for your candour and insight.
Thank you so much Carrie for these kind words and thank you for taking the time to read the linked post from the TO Star. Wow, I am incredibly sorry for your losses as well. It really does show you how fragile life can be and how none of us are immune to any one-off life events that may come our way.
Thank you for your insight on one more year syndrome. It’s true – there will always be a reason to head back but a corresponding reason not to head back.
Very sorry to hear about all those tragic events close to you, life is indeed so fragile.
Hope you have wonderful family time on this big trip!
We are looking forward to do that too, leaving for the whole summer with the kids as soon as school is over in 2 months. Not fired yet, but comfy enough to negotiate with our employers our non paid leave, happy that the fire journey is allowing us to make such moves.
On your numbers wow, that is incredible, you really have lots of options and flexibility, seems like bullet proof plan to me. And about working one more year, i certainly admit this huge bonus may be an incentive, but unless the work hours themselves bring you joy, doesnt look like you need to go back at all, and your daughter agrees! Looking forward to your next updates!
Thank you Mary for these kinds words. The fragility of life really hits you when big events like this happen.
We had a lovely time away from home. It was nice to go at a slow pace and not feel rushed. Where are you headed to on your summer holidays! Isn’t the power of FI awesome how you can set your own terms up at work?!
We are allll about options and flexibility – thats the Type A planner in me haha. But yea we plan to withdraw less than 2% which should be pretty bullet proof! Good point to consider the hours spent at work and what wort of joy that brings when you take out the money. Finn is wise beyond her years so she’s onto something with that response!
Glad to read you had a great time, and slow paced travel 😊 we will be travelling from Quebec to Vancouver , stopover in Alberta at Dinosaur park, 2 weeks in the rockies, then okanagan, and from vancouver back to quebec driving through the US stopping at yellowstone, mount rushmore, Chicago on the way home. Pretty jam pack summer 😊
For the peace of mind selling the rental might be a good option, a perfect balance between increased prices due to energy industries rebounding but also prior to a possible recession dip globally. Don’t forget there will be some capital gains on this sale as it isn’t your primary residence.
Are you holding crypto only via ETFs?
Nice to wave and have small “neighbourly” chats each day during your break on Vancouver Island. Totally dropped the ball on a proper chat and visit, I’ll try to make up for that swinging by Cochrane this summer.
Yea with interest rate hikes + who knows what’s going on globally, I think it’s time to say our goodbyes. Yep for sure, we aren’t in crazy BC where the capital gains are in the 6 figures!! 😉 It will be around $25k of gains for us each to report ($50k split between the two of us since we each own it). But then only half of it is taxed so ~$13k to add to the tax bill this year. Shouldn’t swing the needle too much.
Yes, the small crypto is only in ETFs – no interest in adding anymore than what we currently have.
It was great running into you often as well 🙂 Thanks for all the tips and insight while we were there, greatly appreciated! Whenever you’re out this way just let me know.
Thanks for the update! Very sorry to hear about the loss of your friend and coworker, very sad news. And best wishes to your BIL, hoping for a full recovery there!
On the big swings of your quarter, it looks like you ended up increasing overall despite a dip in the markets… that would be a dip more than offset by your windfall (bonus), correct? Nice bonus, btw, that’s a nice surprise! I ran off and Googled “how to become an energy trader”, haha.
As for returning to work, what’s the minimum amount of time you need to log to qualify for next year’s bonus and/or qualify to receive the vested portion of the RSUs… even if you don’t “need” that money I would find it hard to turn away free cash! I guess you need to walk away from un-vested RSUs eventually otherwise you’ll work forever!
Thank you Robert for the kind words, appreciate it.
Correct yea – our overall portfolio took a dive this quarter but when we then add in the bonus money were back in the green which is pretty wild! Hahah – I somehow stumbled into this field when I finished school. Never have I seen a bonus like this – typical bonus would be closer to 15-35% of your pay.
Haha yep – the good ole golden handcuffs! That’s how they keep ya! I believe minimum would be my current setup at 50%. I am in a very atypical setup only working part time – everyone else on my team is 100% full time (thats the power of FI). I wish I could shift down to 25% time where my salary would cover our expenses for the year and I’d only have to work 2 shifts and then have 18 off before returning for my next 2.
For the RSUs I think of it this way – if I return to work, CCB will drop nearly by the amount I could be receiving in annual RSU payments. So to me, it’s a bit of a wash if that makes sense.
Court, 2022 has truly had a horrible start for you and Nic, and of course for the family members of your friend and coworker. I do hope things go well for Nic’s sister’s husband.
It was a surprise to read that after expenses, you expect to make a loss on your rental. Probably a bit late for this bit now, but someone else might find it useful: Now that you have more time, couldn’t you do the selling yourself and save the fee? That’s what we’ve done twice already, and we’ll do it again when the time comes. If a Real Estate Agent comes along with a potential buyer, you could negotiate a more reasonable fee of 1.5 to 2%. The average fee (including taxes) in the UK is just 1.42% of the final selling price.
Now that’s a bonus! A Happy Birthday indeed.
A note about being mortgage free: Within a month of being mortgage free last June, (I was a guarantor on our daughter’s $250K mortgage), my credit rating went from 900 to 750. A year on, I’m now at 816. Still, as you implied, the psychological benefit of being totally debt free has value; great value in my book.
You asked “should I head back to work for one more year syndrome or not?”. Well…
I imagine life as a conveyor belt. We get on when we’re born, it ends at age 120, and all along the way there are things trying to push us off before we get to the end. Despite what some commercials try to suggest, we cannot slow it down, stop it, or reverse it. It just keeps moving us ever closer to the end. So, only do the one more year thing if you have to. Test the out of your FIRE plan; high inflation, massive market under-performance, a big expense or two, a large unfavorable currency swing if you have, as you do today, funds in different currencies, and perhaps throw in a change in how tax on capital gains and dividends is calculated. Perhaps for the worst of the worst-case scenarios, you do need to bring in CPP (which is pretty safe). At the end of this analysis, you will know if you NEED to do one more year or not.
I look forward to your post about your time on Vancouver Island – we’ve just started planning our trip there.
Interesting, a few words were deleted from my comment because of the brackets I had used. Here it is again using commas instead:
Test the, you know what, out of your FIRE plan
Thank you Bob for always writing such thoughtful comments – truly appreciate them.
As for the rental – the loss would have occurred if we sold in 2020. We purchased in 2016 for $315,000 and listed for $311,000 and would have been happy with an offer at $300,000 at that time. Markets have since improved so were now in green territory and out of the red.
We considered listing/selling ourself but we figured of the 4% in realtor fees, we’d still be paying 2% to the sellers agent so it’s really the other 2% that we would save by going the DIY route. So for us, we’re talking ~$7k. Neither of us were familiar enough with the process/paperwork to put that much confidence in ourselves and felt the $7k was worth the time/effort/anxiety. But yes, definitely a route for others to consider!
Hahah – right! Never have I received a bonus anyyyyywhere close to that so we were shocked that’s for sure!
Great point about your credit dropping when you are no longer carrying such debt. The psychological benefit will be worth it for sure.
Thanks for all that insight on the analysis behind one more year. And love your comparison to a conveyor belt. The part that always gets me, is even with all these doom and gloom scenarios – finding some part time fun side-gig that brings in $20k/year between the both of us will likely weather any of those storms. Some would yell “well you’re not retired then!!” but who cares? It’s all about created a life you love, right?
When will you be out on the island and which parts are you thinking of? I’m sure your weather will be better than ours!
Long time lurker, first time commenter. Been a fan of your guys’ work here. Great to see another NW update. Sorry for the losses. Hopefully we will see some light at the end of the tunnel with respect to Covid and the war. I’ve been taking advantage of the downturn and pouring more money into the market as I feel like the market has given me an opportunity to buy at last year’s prices. I am sure you’re looking to do something similar with the big bonus of yours.
– fellow FIRE aspirant from BC