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Edelman purchases $500M Massachusetts RIA

Edelman Financial Engines Acquires Align Wealth Management

Edelman Financial Engines Acquires Align Wealth Management
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This millennial needs to rein his spending to get his Vancouver condo — or does he?

Article content As a professional gambler-turned-bartender-turned-lawyer, a 32-year-old we’ll call Silvio hasn’t exactly had the most linear career path. Take one look at how he invests and spends his money and it’s quite evident that the jobs he left behind in his 20’s are still defining his habits. Silvio, who lives in Vancouver, has $36,000 in his TFSA, but it’s maxed out. Think about that — as someone who turned 18 before 2009, he has $69,500 in lifetime contribution room. So what happened to other $33,500? Well, he lost $31,000 on some ill-timed bets on cannabis stocks. We apologize, but this video has failed to load.

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