/biz/ - Business & Finance

>Go to my credit union and ask for free coin roll papers(Canada, Northern Ontario)
>roll up all my change every few months or so and deposit into my account
>I having to rent, never sign yearly leases, go for the 3 month ones and always be on the lookout for a cheaper place
>never accelerate more than i have to when driving
>call your insurance or insurance broker to try and get a lower monthly rate every now and then
>don't eat at expensive restaurants, don't buy coffee at timmie's or other places, make your own at home
>go to the landfill and look at the scrap piles, sometimes there are useful things in there that could be sold on online classifieds
>for canadians out there, if you fuel up a lot, get a canadian tire card and fuel up at the canadian tire gas station to collect CT points
>invest a certain % of every paycheck into dividend paying stocks(requires lots of reading and knowledge of which companies to stick with)
>monitor the real estate listings in your area, lookout for places that got repossessed by the bank or when you hear about someone dying look to see if their properties go up for sale, usually the kids of the dad/mom don't keep the properties and want to get rid of it quick so they sell it at a lower price(then turn it into rental income properties)
>offer to mow your neighbour's lawns, even if you're 28 like I am, it only takes an hour or so of your free time
>sell your old video games and consoles and things on kijiji/craigslist
>don't waste time derailing frugal threads on /biz/, you could instead be making money on www.clickworker.com since you're a NEET

More to come if the thread gets back on the rails.

I'm starting to invest in stocks tomorrow and I'm wondering if I should just play it safe and go with things that pay dividends and hold indefinitely or should i start playing the day trading game like most of you guys who pump and dump and things of that sort?

I'm a Canadian investor and the exchange rate is kill, so does anyone have any suggestions for good Canadian stocks to hold or maybe to try and make a quick buck?

I've been looking into the energy sector recently, specifically oil.

I'm in a position where I don't quite have enough for a minimum 5% down payment on a 5 bedroom house I'm looking to buy.

It's in a location where it would be easy to rent out the rooms, I already have 2 interested tenants. Would it be wise to go get a loan in order to use it as a down payment? What I'm looking to get out of this is to acquire experience as a landlord as well as try to maintain a profit by keeping the rooms rented.

Some other info:

House is in Ontario.
House is listed at 180k CAD.


Any advice and tips would be appreciated.

>>673973

I just thought you had DRIPs(Dividend Re-Investment Plan) set up due to you having fractions of shares. Are you with TD? Some brokerages will take the full amount of dividends you receive and if there isn't enough to make purchase a full share with the last bit they use it to invest in a fraction of a share.