Greetings,
I'm in the process of buying a car and I applied for an auto loan from Dubai Islamic Bank,
The dealer told me my loan was approved and that I should be receiving a message/call from the bank soon, which I did not.
So I was wondering, isn't it supposed to be the other way around? verification first then approval?
Thanks

Daily Reddit lurker and very occasional poster.
I am about to inherit 22k and unsure what to do with it- put it in my TFSA or in my child's RESP?
I have TFSA, 27k in GIC and 24k invested ($52000k total which includes an emergency fund, and my contribution limit is $95k).
Have 20k in my 6 y/o child's RESP invested in a managed robo portfolio. Have thought about opening a questrade RESP and just buying an equity ETF. Currently contribute $300 monthly.
Live in GTA and home ownership doesn't seem feasible these days.
Have 7k in student loans and I have been throwing $600/month at that for a while (I know I can pay less but it was psychologically weighing me.down before! Now not as much)
fixed rate car loan at $389/month for another 15 months.
Have $60k is rsp/rrsp. Spouse has no savings (don't get me started!!!).
Household income is about 115 k (me) and 60-70k (spouse) this year, but can fluctuate depending on my spouse's work. No credit debt.
I opened a managed FHSA with WS but haven't contributed anything yet as I'm unsure if that's the best account for me.
I try to save 1k/month in TFSA or RRSP, but this depends on expenses.
So, Reddit, what would be the most effective use of 22k in my scenario?

abandon, ability, able, about, above, absence, absolute, absolutely, abstract, abundance, academy, accent, accept, access, accident, accompany, accomplish, according, account, accurate, achieve, achievement, acid, acknowledge, acquire, across, action, active, activity, actor, actual, actually, adapt, addition, additional, address, adequate, adjust, administration, admire, admission, admit, adolescent, adopt, adult, advance, advantage, adventure, advertise, advice, advise, adviser, advocate, affair, affect, afford, afraid, after, afternoon, again, against, age, agency, agenda, agent, aggressive, ago, agree, agreement, agriculture, ahead, aid, aim, air, aircraft, airline, airport, alarm, album, alcohol, alive, all, alliance, allow, ally, almost, alone, along, already, also, alter, alternative, although, always, amateur, amazing, ambition, ambulance, among, amount, analysis, analyst, analyze, ancient, and, anger, angle, angry, animal, anniversary, announce, annual, another, answer, anticipate, anxiety, any, anybody, anymore, anyone, anything, anyway, anywhere, apart, apartment, apologize, apparent, apparently, appeal, appear, appearance, apple, application, apply, appoint, appointment, appreciate, approach, appropriate, approval, approve, approximately, architect, area, argue, argument, arise, arm, armed, army, around, arrange, arrangement, arrest, arrival, arrive, art, article, artist, artistic, as, ashamed, aside, ask, asleep, aspect, assault, assert, assess, assessment, asset, assign, assignment, assist, assistance, assistant, associate, association, assume, assumption, assure, at, athlete, athletic, atmosphere, attach, attack, attempt, attend, attention, attitude, attorney, attract, attraction, attractive, attribute, audience, author, authority, auto, available, average, avoid, award, aware, awareness, away, awful, baby, back, background, bad, badly, bag, balance, ball, ban, band, bank, bar, barely, barrel, barrier, base, baseball, basic, basically, basis, basket, basketball, bath, bathroom, battery, battle, be, beach, bear, beat, beautiful, beauty, because, become, bed, bedroom, bee, beef, beer, before, begin, beginning, behavior, behind, being, belief, believe, bell, belong, below, belt, bench, bend, beneath, benefit, beside, besides, best, bet, better, between, beyond, bicycle, big, bike, bill, billion, bind, biological, bird, birth, birthday, bit, bite, black, blade, blame, blanket, blind, block, blood, blow, blue, board, boat, body, bomb, bombing, bond, bone, book, boom, boot, border, boring, born, borrow, boss, both, bother, bottle, bottom, boundary, bowl, box, boy, boyfriend, brain, branch, brand, brave, bread, break, breakfast, breast, breath, breathe, brick, bridge, brief, briefly, bright, brilliant, bring, broad, broken, brother, brown, brush, buck, budget, build, building, bullet, bunch, burden, burn, bury, bus, business, busy, but, butter, button, buy, buyer, by, cabin, cabinet, cable, cake, calculate, call, camera, camp, campaign, campus, can, Canadian, cancer, candidate, cap, capability, capable, capacity, capital, captain, capture, car, carbon, card, care, career, careful, carefully, carrier, carry, case, cash, cast, cat, catch, category, Catholic, cause, ceiling, celebrate, celebration, celebrity, cell, center, central, century, CEO, ceremony, certain, certainly, chain, chair, chairman, challenge, chamber, champion, championship, chance, change, changing, channel, chapter, character, characteristic, characterize, charge, charity, chart, chase, cheap, check, cheek, cheese, chef, chemical, chest, chicken, chief, child, childhood, Chinese, chip, chocolate, choice, cholesterol, choose, Christian, Christmas, church, cigarette, circle, circumstance, cite, citizen, city, civil, civilian, claim, class, classic, classroom, clean, clear, clearly, client, climate, climb, clinic, clinical, clock, close, closely, closer, clothes, clothing, cloud, club, clue, cluster, coach, coal, coalition, coast, coat, code, coffee, cognitive, cold, collapse, colleague, collect, collection, collective, college, colonial, color, column, combination, combine, come, comedy, comfort, comfortable, command, commander, comment, commercial, commission, commit, commitment, committee, common, communicate, communication, community, company, compare, comparison, compete, competition, competitive, competitor, complain, complaint, complete, completely, complex, complexity, compliance, complicate, complicated, component, compose, composition, comprehensive, computer, concentrate, concentration, concept, concern, concerned, concert, conclude, conclusion, concrete, condition, conduct, conference, confidence, confident, confirm, conflict, confront, confusion, Congress, congressional, connect, connection, consciousness, consensus, consequence, conservative, consider, considerable, consideration, consist, consistent, constant, constantly, constitute, constitutional, construct, construction, consultant, consume, consumer, consumption, contact, contain, container, contemporary, content, contest, context, continue, continued, contract, contrast, contribute, contribution, control, controversial, controversy, convention, conventional, conversation, convert, conviction, convince, cook, cookie, cooking, cool, cooperation, cop, cope, copy, core, corn, corner, corporate, corporation, correct, correspondent, cost, cotton, couch, could, council, count, counter, country, county, couple, courage, course, court, cousin, cover, coverage, cow, crack, craft, crash, crazy, cream, create, creation, creative, creature, credit, crew, crime, criminal, crisis, criteria, critic, critical, criticism, criticize, crop, cross, crowd, crucial, cry, cultural, culture, cup, curious, current, currently, curriculum, custom, customer, cut, cycle, dad, daily, damage, dance, danger, dangerous, dare, dark, darkness, data, database, date, daughter, day, dead, deal, dealer, dear, death, debate, debt, decade, decide, decision, deck, declare, decline, decrease, deep, deeply, deer, defeat, defend, defendant, defense, defensive, deficit, define, definitely, definition, degree, delay, deliver, delivery, demand, democracy, Democratic, Democrat, demonstrate, demonstration, deny, department, depend, dependent, depending, depict, depression, depth, deputy, derive, describe, description, desert, deserve, design, designer, desire, desk, desperate, despite, destroy, destruction, detail, detailed, detect, detection, detective, determine, develop, developing, development, device, devil, dialogue, diet, differ, difference, different, differently, difficult, difficulty, dig, digital, dimension, dining, dinner, direct, direction, directly, director, dirt, disability, disagree, disappear, disaster, discipline, disclose, discover, discovery, discrimination, discuss, discussion, disease, dish, dismiss, disorder, display, dispute, distance, distinct, distinction, distinguish, distribute, distribution, district, diverse, diversity, divide, division, divorce, DNA, do, doctor, document, dog, domestic, dominant, dominate, door, double, doubt, down, downtown, dozen, draft, drag, drama, dramatic, dramatically, draw, drawer, drawing, dream, dress, drink, drive, driver, drop, drug, dry, due, during, dust, duty, dwell, dying, dynamic, each, eager, ear, earlier, early, earn, earnings, earth, earthquake, ease, easily, east, eastern, easy, eat, economic, economy, edge, edit, edition, editor, educate, education, educational, educator, effect, effective, effectively, efficiency, efficient, effort, egg, eight, either, elderly, elect, election, electric, electrical, electricity, electronic, element, elementary, eliminate, elite, else, elsewhere, e-mail, embrace, emerge, emergency, emission, emotion, emotional, emphasis, emphasize, employ, employee, employer, employment, empty, enable, encounter, encourage, end, enemy, energy, enforcement, engage, engine, engineer, engineering, English, enhance, enjoy, enormous, enough, ensure, enter, enterprise, entertain, entertainment, entire, entirely, entrance, entry, environment, environmental, episode, equal, equally, equipment, equivalent, era, error, escape, especially, essay, essential, essentially, establish, establishment, estate, estimate, etc, ethics, ethnic, European, evaluate, evaluation, evening, event, eventually, ever, every, everybody, everyday, everyone, everything, everywhere, evidence, evolution, evolve, exact, exactly, exam, examination, examine, example, exceed, excellent, except, exception, exchange, exciting, executive, exercise, exhibit, exhibition, exist, existence, existing, expand, expansion, expect, expectation, expense, expensive, experience, experiment, expert, explain, explanation, explode, explore, explosion, expose, exposure, express, expression, extend, extension, extensive, extent, external, extra, extraordinary, extreme, extremely, eye, fabric, face, facility, fact, factor, factory, faculty, fade, fail, failure, fair, fairly, faith, fall, false, familiar, family, famous, fan, fantasy, far, farm, farmer, fashion, fast, fat, fate, father, fault, favor, favorite, fear, feature, federal, fee, feed, feel, feeling, fellow, female, fence, festival, few, fewer, fiber, fiction, field, fifteen, fifth, fifty, fight, fighter, fighting, figure, file, fill, film, final, finally, finance, financial, find, finding, fine, finger, finish, fire, firm, first, fish, fishing, fit, fitness, five, fix, flag, flame, flat, flavor, flee, flesh, flight, float, floor, flow, flower, fly, focus, folk, follow, following, food, foot, football, for, force, foreign, forest, forever, forget, form, formal, formation, former, formula, forth, fortune, forward, found, foundation, founder, four, fourth, frame, framework, free, freedom, freeze, French, frequency, frequent, frequently, fresh, friend, friendly, friendship, from, front, fruit, frustration, fuel, fulfill, full, fully, fun, function, fund, fundamental, funding, funeral, funny, furniture, furthermore, future, gain, galaxy, gallery, game, gang, gap, garage, garden, garlic, gas, gate, gather, gay, gaze, gear, gender, gene, general, generally, generate, generation, genetic, gentleman, gently, German, gesture, get, ghost, giant, gift, gifted, girl, girlfriend, give, given, glad, glance, glass, global, glove, go, goal, God, gold, golden, golf, good, govern, government, governor, grab, grace, grade, gradually, graduate, grain, grand, grandmother, grant, grass, grave, gray, great, green, grocery, ground, group, grow, growing, growth, guarantee, guard, guess, guest, guide, guideline, guilty, gun, guy, habit, habitat, hair, half, hall, hand, handful, handle, hang, happen, happy, harbor, hard, hardly, hat, hate, have, he, head, headline, headquarters, health, healthy, hear, hearing, heart, heat, heaven, heavily, heavy, heel, height, helicopter, hell, hello, help, helpful, hence, her, herb, here, heritage, hero, herself, hey, hi, hide, high, highlight, highly, highway, hill, him, himself, hip, hire, his, historic, historical, history, hit, hold, hole, holiday, holy, home, homeless, honest, honey, honor, hope, horizon, horror, horse, hospital, host, hot, hotel, hour, house, household, housing, how, however, huge, human, humor, hundred, hungry, hunter, hunting, hurt, husband, hypothesis, ice, idea, ideal, identification, identify, identity, ignore, ill, illegal, illness, illustrate, image, imagination, imagine, immediate, immediately, immigrant, immigration, impact, implement, implication, imply, importance, important, impose, impossible, impress, impression, impressive, improve, improvement, incentive, incident, include, including, income, incorporate, increase, increased, increasingly, incredible, indeed, independence, independent, index, indicate, indication, individual, industrial, industry, infant, infection, inflation, influence, inform, information, ingredient, initial, initially, initiative, injury, inner, innocent, inquiry, inside, insight, insist, inspire, install, instance, instead, institute, institution, institutional, instruction, instructor, instrument, insurance, intellectual, intelligence, intend, intense, intensity, intention, interaction, interest, interested, interesting, internal, international, Internet, interpret, interpretation, intervention, interview, introduce, introduction, invasion, invest, investigation, investigator, investment, investor, invite, involve, involved, involvement, Iraqi, Irish, iron, Islamic, island, Israeli, issue, it, Italian, item, its, itself, jacket, jail, Japanese, jet, Jew, Jewish, job, join, joint, joke, journal, journalist, journey, joy, judge, judgment, juice, jump, junior, jury, just, justice, justify, keep, key, kick, kid, kill, killer, killing, kind, king, kiss, kitchen, knee, knife, knock, know, knowledge, lab, label, labor, laboratory, lack, lady, lake, land, landscape, language, lap, large, largely, last, late, later, Latin, latter, laugh, launch, law, lawsuit, lawyer, lay, layer, lead, leader, leadership, leading, leaf, league, lean, learn, learning, least, leather, leave, left, leg, legacy, legal, legend, legislation, legislative, legislator, legitimate, lemon, length, less, lesson, let, letter, level, liberal, library, license, lie, life, lifestyle, lifetime, lift, light, like, likely, limit, limitation, limited, line, link, lip, list, listen, literary, literature, little, live, living, load, loan, local, locate, location, lock, long, long-term, look, loose, lose, loss, lost, lot, lots, loud, love, lovely, lover, low, lower, luck, lucky, lunch, luxury, machine, mad, magazine, mail, main, mainly, maintain, maintenance, major, majority, make, maker, makeup, male, mall, man, manage, management, manager, manner, manufacturer, manufacturing, many, map, margin, mark, market, marketing, marriage, married, marry, mask, mass, massive, master, match, material, math, matter, may, maybe, mayor, me, meal, mean, meaning, meanwhile, measure, measurement, meat, mechanism, media, medical, medication, medicine, medium, meet, meeting, member, membership, memory, mental, mention, menu, mere, merely, mess, message, metal, meter, method, Mexican, middle, might, military, milk, million, mind, mine, minister, minor, minority, minute, miracle, mirror, miss, missile, mission, mistake, mix, mixture, mm-hmm, mode, model, moderate, modern, modest, mom, moment, money, monitor, month, mood, moon, moral, more, moreover, morning, mortgage, most, mostly, mother, motion, motivation, motor, mountain, mouse, mouth, move, movement, movie, Mr, Mrs, Ms, much, multiple, murder, muscle, museum, music, musical, musician, Muslim, must, mutual, my, myself, mystery, myth, naked, name, narrative, narrow, nation, national, native, natural, naturally, nature, near, nearby, nearly, necessarily, necessary, neck, need, negative, negotiate, negotiation, neighbor, neighborhood, neither, nerve, nervous, net, network, never, nevertheless, new, newly, news, newspaper, next, nice, night, nine, no, nobody, nod, noise, nomination, nominee, none, nonetheless, nor, normal, normally, north, northern, nose, not, note, nothing, notice, notion, novel, now, nowhere, nuclear, number, numerous, nurse, nut, object, objective, obligation, observation, observe, observer, obtain, obvious, obviously, occasion, occasionally, occupation, occupy, occur, ocean, odd, odds, of, off, offense, offensive, offer, office, officer, official, often, oh, oil, okay, old, Olympic, on, once, one, ongoing, onion, online, only, onto, open, opening, operate, operating, operation, operator, opinion, opponent, opportunity, oppose, opposed, opposite, opposition, option, or, orange, order, ordinary, organic, organization, organize, orientation, origin, original, originally, other, others, otherwise, ought, our, ours, ourselves, out, outcome, outside, oven, over, overall, overcome, overlook, owe, own, owner, pace, pack, package, page, pain, painful, paint, painter, painting, pair, pale, Palestinian, palm, pan, panel, panic, pant, paper, paragraph, parent, park, parking, part, participant, participate, participation, particle, particular, particularly, partly, partner, partnership, party, pass, passage, passenger, passion, past, patch, path, patient, pattern, pause, pay, payment, PC, peace, peak, peer, pen, penalty, people, pepper, per, perceive, percentage, perception, perfect, perfectly, perform, performance, perhaps, period, permanent, permission, permit, person, personal, personality, personally, personnel, perspective, persuade, pet, phase, phenomenon, philosophy, phone, photo, photographer, phrase, physical, physically, physician, piano, pick, picture, pie, piece, pile, pilot, pine, pink, pipe, pitch, place, plan, plane, planet, planning, plant, plastic, plate, platform, play, player, please, pleasure, plenty, plot, plus, PM, pocket, poem, poet, poetry, point, police, policy, political, politically, politician, politics, poll, pollution, pool, poor, pop, popular, population, porch, port, portion, portrait, portray, pose, position, positive, possess, possession, possibility, possible, possibly, post, pot, potato, potential, potentially, pound, pour, poverty, powder, power, powerful, practical, practice, prayer, preach, precisely, predict, prediction, prefer, preference, pregnancy, pregnant, preparation, prepare, prescription, presence, present, presentation, preserve, president, presidential, press, pressure, pretend, pretty, prevent, previous, previously, price, pride, priest, primarily, primary, prime, principal, principle, print, prior, priority, prison, prisoner, privacy, private, probably, problem, procedure, proceed, process, processing, processor, proclaim, produce, producer, product, production, profession, professional, professor, profile, profit, program, progress, progressive, project, prominent, promise, promote, prompt, proof, proper, properly, property, proportion, proposal, propose, prosecutor, prospect, protect, protection, protein, protest, proud, prove, provide, provider, province, provision, psychological, psychology, public, publication, publicity, publish, publisher, pull, punishment, purchase, pure, purpose, pursue, push, put, qualify, quality, quarter, quarterback, quarterly, queen, quest, question, quick, quickly, quiet, quietly, quit, quite, quote, race, racial, radiation, radical, radio, rail, rain, raise, range, rank, rapid, rapidly, rare, rarely, rate, rather, rating, ratio, raw, reach, react, reaction, reader, reading, ready, real, reality, realize, really, reason, reasonable, recall, receive, recent, recently, reception, recipe, recipient, recognition, recognize, recommend, recommendation, record, recording, recover, recovery, recruit, red, reduce, reduction, refer, reference, reflect, reflection, reform, refugee, refuse, regard, regarding, regardless, regime, region, regional, register, regular, regularly, regulate, regulation, regulator, reinforce, reject, relate, relation, relationship, relative, relatively, relax, release, relevant, relief, religion, religious, rely, remain, remaining, remarkable, remember, remind, remote, remove, repeat, repeatedly, replace, replacement, reply, report, reporter, represent, representation, representative, Republican, reputation, request, require, requirement, research, researcher, resemble, reservation, resident, residential, resign, resist, resistance, resolution, resolve, resort, resource, respect, respond, response, responsibility, responsible, rest, restaurant, restore, restriction, result, retain, retire, retirement, return, reveal, revenue, review, revolution, rhythm, rice, rich, rid, ride, rifle, right, ring, rise, risk, river, road, rock, role, roll, romantic, roof, room, root, rope, rose, rough, roughly, round, route, routine, row, rub, rubber, rude, ruin, rule, run, running, rural, rush, Russian, sacred, sad, safe, safety, sake, salad, salary, sale, sales, salt, same, sample, sanction, sand, satellite, satisfaction, satisfied, satisfy, sauce, save, saving, say, scale, scandal, scare, scatter, scenario, scene, schedule, scheme, scholar, scholarship, school, science, scientific, scientist, scope, score, scream, screen, script, sea, search, season, seat, second, secondary, secret, secretary, section, sector, secure, security, see, seed, seek, seem, segment, seize, select, selection, self, sell, Senate, senator, send, senior, sense, sensitive, sentence, separate, sequence, series, serious, seriously, servant, serve, service, session, set, setting, settle, settlement, seven, several, severe, sex, sexual, shade, shadow, shake, shall, shallow, shape, share, sharp, she, sheet, shelf, shell, shelter, shift, shine, ship, shirt, shock, shoe, shoot, shooting, shop, shopping, short, shortly, shot, should, shoulder, shout, show, shower, shrug, shut, shy, sibling, sick, side, sigh, sight, sign, signal, significant, significantly, silence, silent, silver, similar, similarly, simple, simply, sin, since, sing, singer, single, sink, sir, sister, sit, site, situation, six, size, ski, skill, skin, skirt, sky, slave, sleep, slice, slide, slight, slightly, slip, slow, slowly, small, smart, smell, smile, smoke, smooth, snap, snow, so, so-called, soccer, social, society, soft, software, soil, solar, soldier, sole, solid, solution, solve, some, somebody, somehow, someone, something, sometimes, somewhat, somewhere, son, song, soon, sophisticated, sorry, sort, soul, sound, soup, source, south, southern, Soviet, space, Spanish, speak, speaker, special, specialist, species, specific, specifically, specify, speech, speed, spend, spending, spin, spirit, spiritual, split, spoil, sponsor, sport, spot, spray, spread, spring, square, squeeze, stability, stable, staff, stage, stain, stair, stake, stand, standard, standing, star, stare, start, state, statement, station, statistical, status, stay, steady, steal, steel, steep, stem, step, stick, still, stimulate, stimulus, stir, stock, stomach, stone, stop, storage, store, storm, story, straight, strange, stranger, strategic, strategy, stream, street, strength, strengthen, stress, stretch, strike, string, strip, stroke, strong, strongly, structural, structure, struggle, student, studio, study, stuff, stupid, style, subject, submit, subsequent, substance, substantial, substitute, succeed, success, successful, successfully, such, sudden, suddenly, sue, suffer, sufficient, sugar, suggest, suggestion, suicide, suit, summer, summit, sun, super, supply, support, supporter, suppose, supposed, Supreme, sure, surely, surface, surgery, surprise, surprised, surprising, surprisingly, surround, survey, survival, survive, survivor, suspect, sustain, swear, sweep, sweet, swim, swing, switch, symbol, symptom, system, table, tactic, tail, take, tale, talent, talk, tall, tank, tap, tape, target, task, taste, tax, taxi, tea, teach, teacher, teaching, team, tear, technical, technique, technology, teen, teenager, telephone, telescope, television, tell, temperature, temporary, ten, tend, tendency, tennis, tension, tent, term, terms, terrible, territory, terror, terrorist, test, testimony, testing, text, than, thank, thanks, that, the, theater, their, them, theme, themselves, then, theory, therapy, there, therefore, these, they, thick, thin, thing, think, thinking, third, thirty, this, those, though, thought, thousand, threat, threaten, three, throat, through, throughout, throw, thus, ticket, tie, tight, time, tiny, tip, tire, tissue, title, to, tobacco, today, toe, together, toilet, token, tolerate, tomato, tomorrow, tone, tongue, tonight, too, tool, tooth, top, topic, toss, total, totally, touch, tough, tour, tourist, tournament, toward, towards, tower, town, toy, trace, track, trade, tradition, traditional, traffic, tragedy, trail, train, training, transfer, transform, transformation, transition, translate, translation, transmission, transmit, transport, transportation, travel, treat, treatment, treaty, tree, tremendous, trend, trial, tribe, trick, trip, troop, trouble, truck, true, truly, trust, truth, try, tube, tunnel, turn, TV, twelve, twenty, twice, twin, two, type, typical, typically, ugly, ultimate, ultimately, unable, uncle, undergo, understand, understanding, unfortunately, uniform, union, unique, unit, United, universal, universe, university, unknown, unless, unlike, until, unusual, up, upon, upper, urban, urge, us, use, used, useful, user, usual, usually, utility, utilize, vacation, valley, valuable, value, variable, variation, variety, various, vary, vast, vegetable, vehicle, venture, version, versus, very, vessel, veteran, via, victim, victory, video, view, viewer, village, violate, violation, violence, violent, virtually, virtue, virus, visibility, visible, vision, visit, visitor, visual, vital, voice, volume, voluntary, volunteer, vote, voter, voting, wage, wait, wake, walk, wall, wander, want, war, warm, warn, warning, wash, waste, watch, water, wave, way, we, weak, weakness, wealth, wealthy, weapon, wear, weather, web, website, wedding, week, weekend, weekly, weigh, weight, welcome, welfare, well, west, western, wet, what, whatever, wheel, when, whenever, where, whereas, whether, which, while, whisper, white, who, whole, whom, whose, why, wide, widely, widespread, wife, wild, wildlife, will, willing, win, wind, window, wine, wing, winner, winter, wipe, wire, wisdom, wise, wish, with, withdraw, within, without, witness, woman, wonder, wonderful, wood, wooden, word, work, worker, working, workout, workplace, works, workshop, world, worried, worry, worth, would, wound, wrap, write, writer, writing, wrong, yard, yeah, year, yell, yellow, yes, yesterday, yet, yield, you, young, your, yours, yourself, youth, zone.

I have tried to reach out to them and submitted many requests on the web and by call and they never got back to me....I even went to two branches and they said I need to do it by calling an agent which also said he's specialized in dealing with showrooms
How can I make this work?

I have tried to reach out to them and submitted many requests on the web and by call and they never got back to me....I even went to two branches and they said I need to do it by calling an agent which also said he's specialized in dealing with showrooms
How can I make this work?

I have tried to reach out to them and submitted many requests on the web and by call and they never got back to me....I even went to two branches and they said I need to do it by calling an agent which also said he's specialized in dealing with showrooms
How can I make this work?

I have tried to reach out to them and submitted many requests on the web and by call and they never got back to me....I even went to two branches and they said I need to do it by calling an agent which also said he's specialized in dealing with showrooms
How can I make this work?

BUY DRS HODL.
I am sure you have heard this often enough, billionaires don’t hold cash (according to The Billion Dollar Secret). They finance their purchases, using their portfolio as collateral. Whereas typical household investors use credit card with exorbitant interest, they have been buying things with their bank loans.
Why would they do that? To have more money of course. The portfolio that you did not sell, are unrealised gains. And this is not taxable (please do correct me if I am wrong). And the growth of the stocks is often more than the interest charged on the bank loan.
But hang on, don’t they have to pay back the loans? That’s the funny part, they don’t (https://www.ft.com/content/ebf761ea-fcc8-4fd4-a636-87561398da3e). They will only pay the interest and hold the loan till forever.
So, when GME moons and “Lie under oath” Ken Griffin has to sell his Florida home to cover the shorts…. No, don’t, keep your money and let the house rots. Use your portfolio to do something good, supporting your favourite company, GME.
And please plan ahead, this is by no means condoning excessive borrowings. We are better than those hedgies who definitely require a bailout after this.

I've been grinding for a long time and driving an old economy car for 9 years. No debt besides house. $75k retirement. $40k savings, want to use $25k on car down payment.
This new car is reliable and I'd plan to keep/maintain it for 15+ years until it dies. Yeah I could buy a corolla outright but this would be the perfect car for me and I only have 1 life 😂 It's just me (27M) and my dog
Monthly numbers...
Monthly Income (post tax/HSA/401K): $6200
Mortgage+Utilities: $2500
Other Necessities: $500
Savings: $1000
All Wants/Non-necessities: $1000
Estimated Car $$$ (Loan+Ins+Gas): $1200
Car estimate details using auto loan calculators...
+$700/mo payment ($25k loan, 48mo. 7% int)
+$125 gas
+$300 insurance (estimate??)
+$75 rounding up
= $1200/mo. Total
So...doable or dumb?

Hi all, long time lurker and first time poster from a throwaway as my main account has a lot of identifying information on it :) I hope this is the right place to post this.
TDLR: 1) I'd love feedback on my own finances right now to make sure I'm set up for success and 2) how to help my partner plan for a change in financial situation. Apologies in advance for the long post, but hoping I've shared most of the relevant info.

My own finances:

I (25F) live in a VHCOL and have been working for almost three years. My W2 TC is $122,000 (Salary $112,500 + $9500 bonus) and I anticipate that it will increase due a promotion to at least TC of $150,000, but I'm not counting these chickens before they hatch. I also have a side business (LLC) that brought in $40,000 last year, and I forecast will bring in a bit less this year (maybe around $30,000). Below is a breakdown of my savings and expenses:
Savings:
TDLR: Maxing my 401K and Roth IRA. I keep $25,000 in a HYSA for emergencies. I'm not sure if I'm sitting on too much cash.

• 401K: Currently at $42,000. I haven't always been able to max it out, but always have done at least the company match + a little bit extra. Will max it out this year, so $23,000 + 6% company match ($6750).
• Roth IRA: Currently at $27,000. I max it out every year; I was using my own Roth IRA in Fidelity and had not realized that my company also provides a match for this, so I've stopped my own contributions to the Fidelity for now and am instead doing the 6% for the match. I know the limit for Roth IRAs generally is $7000 per year - I've already contributed $1940 toward this year's limit and plan to get the full match now. How does having two Roth IRAs work? I've tried to research it and am still very confused.
• Brokerage: $76,000, all in ETFs/index funds except for $5700 which I keep in SPAXX. Should I invest the $5700 instead of letting it sit in the MM?
  • I auto transfer $800 per month into brokerage and if my checking account has too much in it, I'll toss a few thousand in.
• Primary HYSA: Emergency fund: $25,000 + Additional rainy day fund: $8,100 @ 5.5% APY
• Secondary HYSA: $1000 14% APY (14% only up to $1000, so once it's over $1000, I re-level it back to $1000 and move the money into my main HYSA)
• Checking account: $4400 to cover off credit card and rent. I use credit cards for everything, but treat them like debit cards. They are paid off every month and have never missed a payment.
• I don't have a HSA as I am still on my parents' insurance, but will move off of this onto my partner's starting next year, so may be able to open one after that move.

Monthly Expenses:
Some of these are not costs incurred monthly (such as clothes and travel - we don't travel every month and I'm not buying clothes every month), but roughly how much it would be per month from the annualized amount. No debt: No student loans, CC debt, we rent and likely will for awhile, and do not have a car.

• Rent: $1250 (We split, this is my portion)
• Clothes: $500 (My main hobby and in the middle of a wardrobe refresh. A lot of this is deducted from my LLC as the business is event planning related)
• Restaurants: $500 (My main way of hanging out with friends and how my partner and I spend time together)
• Travel: $400
• Groceries: $250
• Entertainment: $250
• Self-care: $200
• Health: $170 (Gym + fitness classes)
• Commute/transport: $125 (pre-tax benefit)
• Utilities: $120
• Uber: $50
• Subscriptions: $25

I'd love to hear any feedback or advice you have for me: Am I sitting on too much cash/how much should I keep in my checking account? Am I right to continue to prioritize putting money in the brokerage over the HYSA? What should I keep doing and what should I do differently?

My partner's finances:

My partner (25M) has been a student until now and will be starting a potentially very lucrative career in October after graduating. We've been very fortunate that both of us do not have any student loans or debt and that his expenses have been taken care of by a mix of largely scholarships and family support, so he is essentially starting from scratch. His starting TC will be around $245,000 (Salary $225,000 + Bonus $20,000) with a salary ladder for increases each subsequent year after.
We'll continue living in the same place, so rent will be the same ($1250) and we spend around the same amount on groceries ($250). Besides that, the only other expense he has is transport (~$120/month) and the gym ($10/month). I cover utilities/subscriptions for us). His only other expense is travel, which is probably around $2500 annually, which his internships in school have covered for him).
I had him set up a Roth IRA last year that he maxed out in 2023, besides that he has modest savings (~$5000 in a general savings account that likely generates next to no interest). This is the plan that I've helped laid out for him after he starts:

• Build emergency fund: I'm thinking around $25,000 in HYSA?
• Max Roth IRA since he'll be starting in October and his salary will still be below the income threshold (Am I thinking about this correctly?)
• Max 401K
• Set up a brokerage account and start chucking money in there once we get a handle on what his expenses will look like once we've not living the student life.

Beyond that I'm really not sure that makes sense and could use advice.
Thank you for reading if you've made it this far, and really looking forward to hearing any advice you have!

Bought a car from a big dealership in a large city a week ago. After buying it I have called and asked twice for them to email my loan information so I can log in and pay my monthly payment online and they have never gotten back to me. So today I called the finance company I got the auto loan from directly to try and get my account information and they told me they haven't even approved the loan yet. They said they haven't verified my income yet and have tried to call the dealership to get it and the dealership said something about not being open that day. I signed a bunch of paperwork and have had the keys for a week but when I bought the car the dealership never asked me to bring in pay stubs which I kind of thought was weird but just figured they didn't need them. So now I'm nervous this deal isn't gonna go through should I just go into the dealership tomorrow and voluntarily give them some pay stubs? Should I try to give the loan company the pay stubs? The whole thing is starting to stink. Any insight would he appreciated

Last week someone applied for several credit cards and an auto loan under my name. All were rejected (thankfully, my wife and I had just happened to have used all of our credit this month to buy new furniture after a renovation LOL), and I've reported them as fraudulent to each company. The companies will be sending me forms to request copies of the applications that the thief submitted, and the inquiries will be removed from my credit report. I've filed FTC reports, frozen my credit, and put on a fraud alert.
Tomorrow I'll go to the police department to file a report. As it turns out, I have the thief's phone number. First I noticed it on my credit report, and today I confirmed that it was the number listed on the application for the auto loan (funny story: the rather rude person on the phone said "I'll have a supervisor call you back" and almost hung up, but I asked him to first confirm which number they have for me and they gave me the thief's number...). There are no ID hits for the number online, but various websites have confirmed that it is indeed a real mobile number and not just a VOIP number. I also may know the thief's employer (I don't know if it was put on any of the applications since I don't have copies yet, but it showed up on my credit report as well).
What can I do tomorrow at the police station to maximize the likelihood that the police will investigate and take this seriously? It seems like if they have a phone number that they should be able to catch this person, right? And I imagine that there may be more identifying information in some of the applications that I receive over the next few months.

I just bought a brand new pre-built pc from Newegg. (Link Below) The moment I started it up, it crashed and forced restarted. This is my first time buying a pre-built and probably won't ever do it again considering this headache. I've went into the Bios menu and went trial and error mode on everything. And eventually led myself to "Hyper-Threading: Auto". When left "On/Auto", the moment I run a benchmark on "Intel Extreme Utility" app, my pc hard crashes and reboots. I thought it would have been the power supply unit not being powerful enough, so I got ahold of the manufacturer, and he sent me a new 850W, Gold power supply unit. I installed it, and ran again and it repeated itself. I turned "Hyper-Threading" off and the benchmark ran completely fine, scoring a 5800 on average. I'm starting to believe the root of the issue is a faulty CPU from reading other threads and posts similar to the same issue I'm dealing with. However, considering this is a pre-built, I don't wanna have to have the manufacturer send a new CPU on top of PSU and send old parts back to him. However I will 1,000% do it if it means I will receive some sort of increase to my pc performance. If not, my second concern would be, if my CPU works with it disabled, would hyper-threading give me an edge in Counter-Strike when peaking? Should I even try the headache of reaching back out and getting a new CPU and going through this whole process? Will I eventually down the road, run into hiccups with the CPU, being that it's already showing signs of defectiveness with Hyper-Threading? Anything helps! Thanks.
https://www.newegg.com/p/3D5-002D-000C4?Item=9SIAZBDK6J5753
CPU: Intel Core i5 13600K Processor ,up to 5.1 GHz,14 cores -20 threads,TDP 125W

• Graphics: NVIDIA GeForce RTX 3070
• Operating System: Windows 11 PRO
• Motherboard: GIGABYTE B760M H Motherboard
• RAM: CORSAIR Vengeance 16GB 288-Pin PC RAM DDR5 6000
• SSD: NVME SSD 1T
• FANS: Multiple RGB Fans for Maximum Air and lighting
• Power Supply: 850W 80+ Power Supply

EDIT: I've now been crashing without Hyper-Threading enabled. My CPU wattage jumps to 148W when running 3DMark, and crashes instantly. Cores temps jump up to 80 Celsius. Still looking into it

I have a take on this that is very different from everyone, and I'm looking to reconcile my differences so to speak.
2.7M pounds diluting shareholder wealth. Expensive annual fees of 22M per year.
Did I miss anything?
I would argue this is not dilution. If it were an investment of sorts then yes it would be as this generally requires time to convert into future cash flows and equity. In this case we are just before the next leg up on uranium price movements, and it makes sense to me to leverage debt against the uranium prices. Its what I am doing in my own investment portfolio. Holding uranium is something I think highly of Denison for because it adds stability and future value immediately.
This is not value lost. An acquisition was made with a very determinable price with wide anticipation that it should at least appreciate by 50% by the end of the year. My question is... Why aren't more people doing this? We should see a return by year end of 125M less 11M interest equals a 110M gain. How is this bad for shareholders?
Then it is convertible also at a $10.73 price per share I believe. This is 30% higher than we are now. It's not like they are giving this stock away. If anything we should be feeling this "dilution" as we approach 10.73, but when that happens, it will be pushed higher by the rising price of uranium meaning that the adjusted value of the deal puts the share price an extra 100M market cap higher.
As a short term deal, I think this is outstanding. To put this into perspective, if they diluted at $8, then we would feel it a lot more. But the adjusted loan value at a higher share price actually puts the loan at a 200M cost to shareholders to acquire 250M worth of uranium. The high interest rate is likely to help the lender capture some value here between now and when the share price rises. This is intended to be a short term deal. I think people are really getting sidetracked by these small expenses compared to how it will play out.
So 200M was loaned to acquire 250M of uranium. This should have a net effect of increasing the market cap by 50M or at least breaking even in the short term until it appreciates.
Consider this is also a hedge against prices rising way higher than expected. We could be in the 300's at year end in which case the company locked in half a billion in uranium as gains doing this.
Edit: Also want to point out this question. What price of uranium will move NXE to 10.73? $120? So for 250M worth of shares, we acquire 325M worth of uranium? If we compared this with SPUT, it would be like picking it up at a 23% discount to NAV. Pretty sure people would buy SPUT up with no complaints at that point. Plus this hedges against future prices which could be three or more times higher than this by the time they are ready to produce. They are eliminating a huge risk to future shareholders by locking in the price at a relatively lower point. And the interest should stop accruing once the loan is converted into shares. It may not even reach half a year's worth of interest before they convert.

I recently evaluated the majority of BDCs and added some new names to my portfolio so I decided to do the same for mREITs and see if anything catches my eye, boy was it bleak..
First off, the snapshot
Price data from google finance, everything else from SEC filings and supplemental materials
I ended up only adding EFC to my watchlist, if they follow through and phase out their agency allocation I might be interested in starting a position.
Now that the facts are out of the way, a bit of commentary.

Why should mortgage lenders be affected by the current RE sector pain? Interest is due regardless.

That was my initial reaction to the amount of losses (earnings marked red are lower than the income generated), but while the separation of lender and equity generally holds true it's not so clear cut.
If the valuation of the underlying collateral takes a hit then the lender is suddenly at risk of not being able to cover its losses in case of a borrower's delinquency - thats why a lot of the names here are increasingly becoming hybrid REITs as they accumulate REO assets.
In cases where the borrower depends on rental income to cover his dues the correlation is accordingly much higher (I am looking at you commercial office buildings).
The majority of the names here deal either exclusively or at least primarily in agency residential debt and I have to say - I am not convinced by the "historical opportunity" these assets provide.
As is evident by the sea of red, default protection is not the same as loss protection. there are no free lunches.
It also seems to me that any form of government promises are a sure way to ensure loose lending standards, add on top of that the fact that the funds holding said debt instruments have no input in regards with origination and lack the flexibility to deal with issues when they arise, and the picture painted becomes painfully clear - these funds and their managers are traders, not lenders.
To add insult to injury, a fair share of such funds buy said debt in bulk, securitize them, and then sell the debt tranches - in other words they keep the risk in order to sell risk free profits to others, just so they can rinse and repeat the process with the proceeds.
All that and we haven't even mentioned the fact that private lending is by nature prone to fragility as the individual lender is essentially a personal injury away from running late on their payments.
Taking all this into consideration I personally see a very slim window of opportunity within this current bust cycle of steep discounts - funds that focus on originating non agency CRE loans.
Such funds have the required lender-borrower relationships and flexibility to respond to evolving dynamics, restructure non accruing loans and weather the storm.
At least that's my 2 cents, and I have been putting my money where my mouth is (allocation percentages are in the table above).
Happy to hear what others think, do you have any of these tickers in your personal portfolio?

Joint Auto Loan after Divorce
Do I have any options. Been divorced nearly two years. We had a vehicle that she was awarded in divorce and she is expressly responsible for payments and has sole use of vehicle.
However she is not paying. She is unwilling to refinance to her name only. It is near repo time and I am concerned about the credit hit as I am preparing to buy a home.
Here are the terms of the agreement
The Defendant shall be awarded the “x vehicle”as her sole and separate property, free and clear of all right, title, claim or interest on the part of the Plaintiff. Defendant shall assume and pay the monthly payments and costs related to the vehicle and shall indemnify and hold the Plaintiff harmless therefrom. Defendant shall have her own automobile insurance policy in place for this vehicle on or before January 1, 2023.

So, we bought an RV travel trailer a bit ago.
I figured it wouldn't hurt to put it on credit for a few weeks to a month while we sold some other stuff, cashed out some things to pay it off, etc.; I did the math, it was going to be cheaper to do that than to pay early withdrawal penalties / instant-deposit fees, on this amount.
They didn't want to take a credit card, which I understand but pretty inconvenient, but they said they could offer financing, so I figured, "Sure, it's only one pull on my credit, it'll be fine."
Well, they came back with some bu11sh*t interest rate proposition of something like 19% APR. I looked at them like they were crazy, and told them I wouldn't sign anything so incredibly ridiculous, and we'd come back and buy the RV later if it was still available in a few weeks, cash, without financing.
In hindsight, I have now realized that I should not have given them my business, but they'd been reasonable and nice up to this point, so we didn't just walk away entirely.
They of course didn't like that much and said they'd see what they could do about a more sane interest rate. I told them to call me if they wanted to offer something else. [Important, this part was verbal, nothing was signed like another loan application.]
We left that day, but returned the next when they called and offered a rate of about half that (still bad but, hey, not planning to keep this loan for the duration).
So we said sure, went back, signed some papers (which I did read... good lord that was more paperwork than buying a truck 4 times the price... why? It was like 5 different sets of documents that said, in different fonts and formatting, the same stuff), and we towed an RV home the day after when we had time to get the truck over there.
There had been two hard-inquiries at this point, but I figured it probably should be like when you apply / shop around for a car loan-- score won't dip that far because of two vs one, as shopping around for a lender is normal (or, well, should be); so I didn't question this, even though I was very annoyed that I was not informed there would be a second inquiry.
This has so far apparently been the biggest mistake I've made in the past decade, financially.
The alerts started that day. Credit inquiry notifications from credit monitoring services, for both myself and my partner (who is on the loan and the RV registration, title, etc., so I understand why it's both of us).
There's probably been nearly a dozen pulls from random lenders on each of our credit reports, our scores have dropped ~75 to 100 points, and from everything I can find, it's because of the 'hard inquiries' that have showed up suddenly, from a bunch of different sources.
I bought a new truck last year. There was one pull (well two, I had applied for financing from two unaffiliated sources). My scored dipped ~10 points, then went back up actually about 15 points or so upon the approved loan showing up the next month.
My partner bought a new car earlier this year, and same with theirs, it went down a few points on the pull, and then back up some (though their score actually went up like 50 points after the loan was established, likely because they did not have much credit history, and the new loan + payments being established helped more than the score pull hurt by far).
But somehow, this loan is different. It's shown up now (the loan account) on the credit reports, and our scores remain incredibly bad, have not recovered, and I just got another hard pull notification from Credit Karma the other morning.
Am I misunderstanding credit scores? Is this normal?
Why would there be a dozen hard pulls from one loan? That doesn't seem normal.
Why would there be pulls after the fact? Who is 'pushing the button' over and over again with different lenders with our SSN's in there?
This seems like some sort of fraud is happening, but they're all from 'RV' and 'Auto' financing companies, and there have been no other 'new accounts', so I can't exactly nail down that 'there's fraud happening'.
Can I do anything to stop / reverse this?
Should we freeze our credit?

Hi guys, 21 years old this year looking to dip my feet into ETFs. Some investment goals i have would be Saving up for a house & renovation, getting a car and having enough for monthly expenses and ultimately, FIRE.
Some info about me:

1. Non-US resident
   
2. Investing horizon to be 20 - 25 / 30 years
   
3. Risk tolerance not that high yet as I've never done this before
   

I'm looking to put in approx. 370 USD every month into VOO & QQQ (ratio) *VOO* because of it's low expense ratio (0.03%), high AUM (1.1T), high trading volume (avg. 5.7M) so high liquidity in case im looking to sell if i need cash urgently. It's past performance of 14.00% since inception (2010) is also a good track record imo.
Although it was a hefty expense ratio of 0.20%, I would like *QQQ* due to it's potential for long-term growth seeing it's 10y is 18.10% but since inception 9.48%. (Why the lower % compared to VOO tho?) Similar to VOO with it's high AUM and high trading volume.
I would like to ask a few questions with regards to what is typed above:

1. Are my choices ok for long-term investing of 20 - 25 / 30 years but of course having to cash out here and there for other investment goals mid-way while maintaining majority of my positions.
   
2. I am more tuned towards 'popular' etfs that has an established track record as i'm rather sensitive when it comes to $$$.
   
3. Should i choose QQQM over QQQ or would QQQ be okay for me? Yes i know that QQQM has a lower expense ratio but i feel like QQQ would be right for me due to it's trading volume.
   
4. Is it ideal for me to set up an auto invest plan that spreads out my monthly 370 USD into a daily recurring buy in the spirit of DCA. Or would it be better for me to buy bi-weekly / every month-end (before ex-dividend date to claim some dividends even though 30% is gone due to withholding tax)
   
5. Do y'all have any tips or anything else i should look into when it comes to ETF research as it's kinda confusing for me since im new. Right now, i do know of some parameters to look out for like expense ratio, AUM, trading volume, the fact sheet with info like the top holdings, sectors invested in and most importantly, performance (%).
   
6. Any recommendations for ETFs to add into my portfolio. I value total returns over dividend but I'm open to any!
   
7. VOO and QQQ's fund overlap by weight is 46%, is it too much?
   

Yes i do know past performance do not indicate the future but it serves as a good benchmark at least.
VOO and QQQ are some of the most famous and also favorited ETFs by many so i thought it would be good for me to get into since it's tracking reputable indexes with their top holdings are companies I can get behind of.
THANK YOU FOR READING IF YOUVE MADE IT THIS YEAR ❤️😊 Would appreciate if yall can help me with the questions I have and if possible, , leave some advice for a young one going into the world of investing and FIRE. Many thanks lads!

Hi guys, 21 years old this year looking to dip my feet into ETFs. Some investment goals i have would be Saving up for a house & renovation, getting a car and having enough for monthly expenses and ultimately, FIRE.
Some info about me:

1. Non-US resident
   
2. Investing horizon to be 20 - 25 / 30 years
   
3. Risk tolerance not that high yet as I've never done this before
   

I'm looking to put in approx. 370 USD every month into VOO & QQQ (60/40?) *VOO* because of it's low expense ratio (0.03%), high AUM (1.1T), high trading volume (avg. 5.7M) so high liquidity in case im looking to sell if i need cash urgently. It's past performance of 14.00% since inception (2010) is also a good track record imo.
Although it was a hefty expense ratio of 0.20%, I would like *QQQ* due to it's potential for long-term growth seeing it's 10y is 18.10% but since inception 9.48%. (Why the lower % compared to VOO tho?) Similar to VOO with it's high AUM and high trading volume.
I would like to ask a few questions with regards to what is typed above:

1. Are my choices ok for long-term investing of 20 - 25 / 30 years but of course having to cash out here and there for other investment goals mid-way while maintaining majority of my positions.
   
2. I am more tuned towards 'popular' etfs that has an established track record as i'm rather sensitive when it comes to $$$.
   
3. Should i choose QQQM over QQQ or would QQQ be okay for me? Yes i know that QQQM has a lower expense ratio but i feel like QQQ would be right for me due to it's trading volume.
   
4. Is it ideal for me to set up an auto invest plan that spreads out my monthly 370 USD into a daily recurring buy in the spirit of DCA. Or would it be better for me to buy bi-weekly / every month-end (before ex-dividend date to claim some dividends even though 30% is gone due to withholding tax)
   
5. Do y'all have any tips or anything else i should look into when it comes to ETF research as it's kinda confusing for me since im new. Right now, i do know of some parameters to look out for like expense ratio, AUM, trading volume, the fact sheet with info like the top holdings, sectors invested in and most importantly, performance (%).
   
6. Any recommendations for ETFs to add into my portfolio. I value total returns over dividend but I'm open to any!
   
7. VOO and QQQ's fund overlap by weight is 46%, is it too much?
   

Yes i do know past performance do not indicate the future but it serves as a good benchmark at least.
VOO and QQQ are some of the most famous and also favorited ETFs by many so i thought it would be good for me to get into since it's tracking reputable indexes with their top holdings are companies I can get behind of.
THANK YOU FOR READING IF YOUVE MADE IT THIS YEAR ❤️😊 Would appreciate if yall can help me with the questions I have and if possible, , leave some advice for a young one going into the world of investing and FIRE. Many thanks lads!