i've been utterly exhausted for weeks and think it's more psychological than physical.

i don't want to waste any more time on this court fight, but i have no choice. i have documents to write and don'y want to.

i have shape around these investment decisions now, which is something else that i more have to do than want to do. i shouldn't bitch and complain about the free cash, really. planning for when you get older is something you have to do at some point, and the government is making it easier for me to catch up, which i should be appreciative of, even if i'd rather be pulling my fingernails out.

i made a conscious choice to avoid having children, which makes it that much more important to ensure i put some money aside for when i'm older, and i'm about to get on that. i want my life to be about me. i don't mind relying on state systems, but i despise relying on people. this fell into my lap without even thinking about it, but it's actually kind of ideal, for me.

so, what cheap stocks should i buy with the free money? send me an email.

no, i want to get as much in as fast as i can.

4500*1.1^5 - 4500 = 2747.295

that's the potential growth on the dropped 4500 if i only get $6000 instead of $10500 up front.

even if i put $3000 in, and get $9000, the loss is still:

1150*1.1^5-1150 = $700.

i might not be able to get the full $3500, but i should put as much in as i can and recalculate on jan 1st to ensure i'm hitting the max and not over contributing. that said, i'll also want to get in as much as i can, as fast as i can, to the max.

i'll call in the morning.

starting in early 2027, i will be switching to putting minimum $450/month in, until 2030. this will be roughly what they give me for the cohb and probably maximum potential contributions.

in fact, this account should open with $11000, not $10,000, and i'm going to be able to get $16000 out if the max $20000, not $15000. i should get $1000 for every year back to 2015 plus the $1000 for 2025 and, because it's the end of the year, i should get it all right away.

i'm pretty sure the carry forward doesn't run out after ten years but i'm going to cal to make sure.

nonetheless, if i only put $2000 in by the end the year, which would be $500 each for 2015-2018, and subsequently only received $6000 immediately, how would i recalculate?

the max for 2026 will then be 500 for 2019-2025 (7*500 is 3500 multiplied by 3 is $10500). 3500/12 ~300. that may be more attractive to me to start if i can't get a lump sum in from family.

the max for 2027 will be 500 for 2026 ($1500) plus 1000 for the first four years (2015-2018) (4000*2 = 8000) plus $500 more for 2019 ($1000), which is $5000. 500/12 ~ 420.

the max for 2028 will be 500 for 2027 ($1500) plus $500 for 2019 ($1000) plus $1000 for the next four years (2020-2023), which is again $5000 and again ~420/month.

the max for 2029 would be 500 for 2028 ($1500) + $1000 each for 2024-2027 ($8000) + $500 more for 2028 ($1000). same contributions.

the max for 2030 would be 500 for 2029 ($1500) + 500 for 2028 ($1000) + 1000 for 2029 ($2000) + 500 for 2030 ($1500) + 1000 for 2030 ($2000), which is an additional $3500 to get the last $8000. 3500/12 is ~300 again.

total grants wold remain $6000 + 4*10500 + 8000 = 56000.

that seems more attractive to me, i think, unless i can get a sum in immediately.

my immediate task is getting $3500 cash into the rdsp by the end of the calendar year. i have close to that in cash.

if i miss the target, i can recalculate the max amount for 2026, which will likely end up being a little less. it will rollover to the next year.

...although, i also want to make sure it all rolls over, and not just the last ten years. i assumed they'd take the first 7 years at $500, but i i lose the $1000 for 2015 then they won't do that. instead, i'd have to use the $1000 for 2015 right away and the new max would be:

$1500 for 2015 (500*3 + 1000*2 = $3500 in matching grants) + 2000 for 2016-2019 (2000*3 = $6000) + $333.34 for 2020 (333.343 = $1000), which is

1500+ 2000+ 333.34 = 3833.34

but if i just put the 3500 or the 3000 or the 2500 in, the rest will rollover, and i may just want to make sure i get the $1500 for 2015 in, and then start chipping away at it in january.

i will get a $1200 cdb transfer on dec 18th that i was always intending to move into the rdsp.

the bulk of it will go into aggressive mutual funds, to start. i've looked over this more closely, and it's by far the best choice. over time, i may divest and reinvest in ways i've identified as better than the mutual funds, but i don't expect i'll beat the funds without a learning curve, first.

i think it would be stupid to, for example, just buy $10000 of amazon stocks and cross my fingers, but the money may get slowly taken out of the mutual funds and directly reinvested in stocks, so that i may end up with something like that in the end.

...but i'm going to do the research and make some oddball buys, too, and hope it works out, and i will actually do that first, not last.

i mean, i need to be clear: i'd be highly unlikely to fund this account on my own initiative. i'm really not very interested in buying stocks or tending to investments; it's just not something i'm very interested in.

however, the government is giving me $70,000 in grants and putting it in an account that is singularly meant for this purpose. i can't do anything else with these funds; the money has to be invested.

so, i'd might as well make the best of it.

the truth is that my family owes me quite a bit of money.  i actually lent my father several thousand dollars in 2008 when the market crashed, and he seems to have lost it gambling, as he had an addiction to gambling. i've had an extremely hard time recovering those funds from his estate, because he doesn't appear to have told anybody, but rather told everybody that he gave me the money he lost gambling to pay my rent (he never paid my rent even once). there was an agreement that my stepmother would transfer me a small amount of money on a regular basis for a large amount of time, but she didn't transfer me a dime and when i moved out of ottawa i just walked away from it. as an odsp recipient, i had strict asset limits that have since broadened. at the time, it wasn't worth it. it has since become worth it, and i tried to go after a bit of the money they owed me when i realized i was going to have to move in 2023, and realized i was going to have to sue them for it, as they weren't intending to be honest about the money intended for me that was stolen.

i'm looking to transfer funds into this rdsp fairly aggressively; if i can move $3500 in before dec 31st and $4500 in in the first week of january, i will be eligible for $21000 in grants in addition to the $10000 it opens with. if i can get $30,000 into an aggressive mutual fund package before the spring, that could start to grow pretty fast, over $5000/yr, and i can continue to dump upwards of $15K of grants into it for the next five years. it could be at 50K in two years, and then i'm pulling in over $5000/yr fairly reliably. i can live on $10,000/yr, if i can get the housing situation dealt with independently.

i'm hoping i can talk them into transferring some funds into this account to take full advantage of the grants and in order to evade the imminent lawsuits that are coming, but they've become stubborn conservative idiots, and are leaving me with no choice but to sue them, which is something that shouldn't be necessary for me to do, and something i don't want to do.

i bought $10,000 worth of medium risk mutual funds on the strong suggestion of the advisor to open the account, and that's reasonable, but i'm going to want to diversify a little. as mentioned, if i'm aggressive about this, i could get $20,000 in grants within a few months. i might decide to buy more mutual fundsi n the end, but i may want to buy some stocks directly, as well and, over the long run, manage this myself. 

i have never purchased any stocks before, so i agree that buying mutual funds is the smartest thing to do immediately, but i could see the value in doing something like buying $500 of penny stocks in canadian mining companies set to ramp up production for critical minerals. i have time to do that research and i'm capable of doing it.

the fact that my father was bad with money and had a gambling problem is something i've tried to learn from. i don't gamble; i'm very financially conservative. however, i'm getting roughly $70,000 of free money from the canadian government in the next five years, put into an account meant to buy stocks and bonds with. i should figure out how to put the bulk of into stable investments, and make sure any contributions i make for myself are in the safest place possible, while taking some moderate risks with some of the free money, and some higher risks with a very small amount of it.

if i buy $500 of penny stocks out of the $70000 i get in grant money and $100 worth of those penny stocks get to $100 each, well, i'm an instant millionaire. that's worth it.

i've criticized carney's infrastructure plan as a ploy to manipulate the stock markets. i should take advantage of that, if i think i understand it.