TC: 200 CAD, YOE - 3.5
Saved approximately, 300k CAD so far, =
120K invested in FANG stocks,
45k Invested in Vanguard High Growth / High Risk mutual funds
Rest is Cash ( I know - big cash to offset high risk investment?? )
Married, 31, Planning first kid next year, sole earner, spouse working on side gigs but no income.
I have offers from US employer/s, TC will reach, ~250k USD
My goal is to buy house probably before our first child is born.
I am not sure if buying home ( mostly Burnaby, Richmond in British Columbia, max- 650k CAD ) is good decision at this point, may be I should go to US, make more money and buy Home with more Cash in future. I am not comfortable having more than 300k in mortgage.
Any thoughts, suggestions ? Appreciate any thoughtful comments !!!
Note - I am in process of consulting Financial Advisor, curious to know community opinions.
Regardless, market is cooling in vancouver area too and interest rates are increasing in vancouver on 24th oct. May be not a good time to buy.
Btw what bhaji do you sell? 😝