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1fdqpsn

I’m a Canadian citizen, but worked in the USA for the last 10 years under a TN visa. I was deemed a USA tax resident and paid taxes in the USA. I lost my job in April and only made US income this year (no work since April). I have been bouncing around between Canada and the USA since then. Technically haven’t spent 180 days in either country. For tax purposes at the end of this year, will i get taxed on worldwide income by CRA (for $ i made in USA) plus get taxed in the USA for the income i made there. If i stay less than 180 days in Canada, ie visiting USA for the next couple months, will I only be taxed by the IRS. Since i didn’t become a deemed Canadian resident? Ideas? Tips anyone?

Same-Road-8880

U.S./Canadian taxes

/r/CanadianInvestor/comments/1fdqpsn/uscanadian_taxes/

1fdsku9

I have a rental house with my brother. My share is 75% and his is 25%. He want out next year when the mortgage is up for renewal. We likely have 400k equity (after closing cost) in the house so he will get around 100k and I will have 300k. Originally I thought the best option is to hold the house and but now I want to explore other options to make the best decision 1. House is cash flow positive even when I had variable mortgage (7.25%), it is coming down and hopefully if I can lock in around 4% next year. The house will be generating $2000/month cash after covering all expenses. The tenants are good and I have learned over the years how to find the right ones. Option 1:– pay brother 100k and I hold the house which is generating $24k annually plus appreciation given the GTA market shortage won’t go away anytime soon in this decade. Option 2:- sell the house, cashout 300k and put it to some use (either pay mortgage on my current house and live mortgage free or park in index fund (XEQT) long term and let it grow? I am 35 yr old with a decent job and wife is working as well. I am not into stock picking (not my game). But I am handyman, have experience of running the rental unit from last 8 years. What is the most prudent move?

King919191

Sell house to invest long term or hold?

/r/CanadianInvestor/comments/1fdsku9/sell_house_to_invest_long_term_or_hold/

1fdv1h5

Hi, I have some money in HCAL. I can't figure out why the dividend hasn't been increased since June 2022, despite the underlying banks this fund holds raising their dividend multiple times since then. I tried emailing Hamilton to ask, but didn't get an answer. My only thought was the cost of borrowing for leverage has gone up and the increased dividend is paying that off so isn't reflected, but does anyone else have a better idea than that?

Equal_Big_2995

HCAL Dividend

/r/CanadianInvestor/comments/1fdv1h5/hcal_dividend/

1fdvsmf

I've originally been with TD Direct Investing and TD Easy Trade, but I haven't been happy with them. Today while moving funds around, the TD Direct Investing rep mentioned that if I had any funds with other banks, they are offering a 1% cash back if I keep it with TD for 6 months. This led me down a rabbit hole and I found that RBC is also offering a similar deal as well as 200 commission free trades for the next 2 years (unrestricted unlike Easy Trade) on top of the 1% cash back for staying for 1 year. It seems like RBC would handle all my problems in one go. I can consolidate all my accounts, get a 1% cash bonus, and they let you use Norbert's Gambit without waiting for them to settle to decrease my volatility risk. The only downside that I could find was that RBC doesn't offer a synthetic DRIP. So in summary, at this point I think I could move both myself and my partner all to RBC and collect about 20k in cash back bonuses as well as two iPads from a checking account promo. If I am not happy, I will swap back to TD for possibly another round of bonuses. When I called RBC to get this process started, they were frustratingly disorganized and there has been enough friction in the process that my faith is a bit shaken and I wonder if this will be a bigger headache than I thought. Is there anything I need to know about this strategy that may backfire in unforeseen ways? I am not concerned about holding money there long enough to keep the bonuses. I've also already looked into Wealth Simple, but they have some limited features with US dollar accounts I did not like.

chaneg

Thinking of switching off of TD (Direct Investing, and EasyTrade)

/r/CanadianInvestor/comments/1fdvsmf/thinking_of_switching_off_of_td_direct_investing/

1fdwgv6

Is air Canada a good buy? I’m thinking of purchasing a decent amount of shares and holding for 7+ years. Is it a good buy? Closed at $15.13 today. Anyone think this would be a good long term hold for the next 5-10 years with the current trend in population growth? 90% of my TFSA is already invested in VFV

NiftyMits_

Air Canada a good buy? Looking to hold it for 7+ years.

/r/CanadianInvestor/comments/1fdwgv6/air_canada_a_good_buy_looking_to_hold_it_for_7/

1fdxnyn

Posted this in the daily discussion thread, but it deserves its own thread! Toronto Stock Exchange Unveils the 2024 TSX30, Recognizing the Companies Powering Canada's Economy Toronto, Ontario--(Newsfile Corp. - September 10, 2024) - Toronto Stock Exchange (TSX) today announced its sixth annual TSX30®, a ranking of the top 30 performing companies based on dividend-adjusted share price performance over a three-year period. The 2024 list underscores how these companies are driving advancements in sectors such as energy, electrification, and critical minerals, while delivering strong investor returns and shaping Canada's economy. https://www.newsfilecorp.com/release/222680/Toronto-Stock-Exchange-Unveils-the-2024-TSX30-Recognizing-the-Companies-Powering-Canadas-Economy

BaronDavis12

2024 TSX30

/r/CanadianInvestor/comments/1fdxnyn/2024_tsx30/

1fdzepj

R0lO

ELi5: why do these huge changes in volume appear at these points on AAPL

/r/CanadianInvestor/comments/1fdzepj/eli5_why_do_these_huge_changes_in_volume_appear/

1fe6ev9

Your daily investment discussion thread. Want more? Join our new [Discord Chat](https://discord.gg/4Q6mzTWz3D)

OPINION_IS_UNPOPULAR

Daily Discussion Thread for September 11, 2024

/r/CanadianInvestor/comments/1fe6ev9/daily_discussion_thread_for_september_11_2024/

1fe8mvy

Hi everyone, before I start I'll say I did a search on this sub but most threads were small and several years old. As the title says, I'm a Can citizen living and working in China, and I'm looking at ways to make the few hundred thousand dollars I've saved through the years get dividends, since I don't have a pension fund to speak of. I have non-resident status so when I tried to open investment accounts at NBC or Tangerine they denied me. I called Wealthsimple, now CI, and they also said no. Qtrade and Questrade state clearly on their websites that they would also tell me to go kick rocks. I called various banks in Dubai, Hong Kong, and weird Caribbean Islands, and they seemed lukewarm at best when they heard I'm a honest international school teacher and not some brain surgeon or high-roller business tycoon, as most have minimum deposits of 500K USD or even 7-figures. I also read Andrew Hallam's book but aside from saying what I already knew with my basic personal finance knowledge (a passive mix of bonds, Canadian index funds and global/US index funds is the way to go, avoiding as much as possible third-party "advisors" skimming their cut) he never really mentions how and where to even start, aside from the aforementioned Wealthsimple that has either changed its policies since the book was published or was never much of an option to begin with. All very frustrating. As of now most of my money is in GICs, which I can legally open and contribute to as a non-rez, but it's at a pretty low percentage. I asked coworkers and other Canadian expats, and some of them are [factual residents](https://www.canada.ca/fr/agence-revenu/services/impot/impot-international-non-residents/particuliers-depart-canada-entree-canada-non-residents/sejour-temporaire-a-etranger.html) rather than non-residents, which allow them to invest in Canada but they have to file taxes every year. But since I pay Chinese tax already (and have all the paperwork in order), wouldn't I be exempt from Canadian income tax, according to the bilateral treaties in place? And would it be worth it? I appreciate any advice or help. Cheers.

Schlipitarck

Investing as an expatriate... non-res or factual res?!

/r/CanadianInvestor/comments/1fe8mvy/investing_as_an_expatriate_nonres_or_factual_res/

1fe9l97

FYI - for those of you that are invested in monthly dividend funds from Vanguard (VRIF, VDY, VRE, etc.) and hold those funds with Questrade / Wealthsimple take a look at your dividend payments that should have arrived on Sep 10th (Questrade being notoriously +1 day late to pay vs. other brokerages / custodians). Have checked with multiple customers, none of us have received payment in either brokerage for these funds (this is an issue exclusively with these brokerages, other accounts outside of Quest / Wealth don't have this issue).

Necessary-Shallot976

FYI: Missing Vanguard Dividends (VDY/VRE/VRIF) in Questrade / Wealthsimple Accounts

/r/CanadianInvestor/comments/1fe9l97/fyi_missing_vanguard_dividends_vdyvrevrif_in/

1fedi0c

I have posted before about my father and got some great advice. To recap, he has somewhere between 250 and 300k in mutual funds in his retirement account. I don't blame him. He's a blue collar guy and that's what his generation was sold as the way to save for retirement. I want to move the money now as he prepares for retirement. The overwhelming advice (which I am going to absolutely take) was pay a for fee advisor and get a custom recommendation to re-distribute the money. Still I thought it would be fun to ask AI to build me a strategy with limited information about my dad and here is what it came up with.... **what do you all think!** At 65 years old, your investment strategy should shift towards preserving your wealth and generating income for retirement. Transitioning from higher-fee mutual funds to lower-cost ETFs is a wise move to maximize your returns. Here's a suggested strategy: **Core Holdings:** * **VEQT (Vanguard FTSE Canada All Cap Index ETF):** Maintain a moderate allocation to VEQT (around 40-50%) for broad Canadian market exposure. * **XAW (iShares Core MSCI All Country World ex Canada Index ETF):** Reduce international exposure slightly (around 10-20%) compared to a younger investor, as international markets can be more volatile. * **ZAG (BMO Aggregate Bond Index ETF):** Increase your bond allocation (around 30-40%) to provide stability and income. Bonds generally have lower volatility than stocks and can help protect your portfolio during market downturns. **Additional Considerations for Income and Diversification (10-20%):** * **VCN (Vanguard FTSE Canada High Dividend Yield Index ETF):** Allocate a portion (around 10-15%) to VCN for dividend income. This ETF focuses on Canadian companies with a history of paying high dividends. * **XRE (iShares S&P/TSX Capped REIT Index ETF):** Consider a small allocation (around 5-10%) to XRE for exposure to Canadian real estate investment trusts (REITs). REITs can provide additional income and diversification benefits. **Percentage Breakdown:** * **VEQT: 40-50%** * **XAW: 10-20%** * **ZAG: 30-40%** * **VCN: 10-15%** * **XRE: 5-10%**

silversnake10

Gemini investment Strategy in Retirement Test

/r/CanadianInvestor/comments/1fedi0c/gemini_investment_strategy_in_retirement_test/

1feho0b

aTomzVins

Guelph-based company named 'top performer' by Toronto Stock Exchange

/r/CanadianInvestor/comments/1feho0b/guelphbased_company_named_top_performer_by/

1fehy35

Did I miss something? Why is aqn.pra.to not trading? I have 83 shares at 22.86 am I fd?

babu_bot

AQN.PRA.to stock not trading

/r/CanadianInvestor/comments/1fehy35/aqnprato_stock_not_trading/

1fel4bm

DistinctInvestor

Discussion

Selling Non-Registered to Fund Registered

/r/CanadianInvestor/comments/1fel4bm/selling_nonregistered_to_fund_registered/

1femrxn

Have a combined RESP for the kids but RBc will not let you hold USD - only conversions every trade. However they charge an extra 2% when you buy and 2% again when you sell. Effectively you have to make 4% to break even. Is it the same at other brokers?

three-dollar-bill

Getting gouged on exchange buying US stocks in USD. Is there anyway to mitigate this?

/r/CanadianInvestor/comments/1femrxn/getting_gouged_on_exchange_buying_us_stocks_in/

1feovxi

I know a lot of people suggest XEQT, but curious if there are folks that don’t like it or have other ETF portfolios

Same-Road-8880

What ETF portfolios do you hold? For the long term

/r/CanadianInvestor/comments/1feovxi/what_etf_portfolios_do_you_hold_for_the_long_term/

1feq67d

Puginator

U.S. regulator orders TD Bank to pay $28M US over consumer credit reports

/r/CanadianInvestor/comments/1feq67d/us_regulator_orders_td_bank_to_pay_28m_us_over/

1ferv30

So I opened a non-reg account and I'm ready to buy some US stocks. Let's say I make a single purchase and buy a non-div US stock in this account tomorrow. 1. Provided that I don't sell the stock this year, will I get any tax slip from my broker? Do I need to report anything to CRA come Feb 2025? 2. Say I sell the stock in November and realize a gain. It's my understanding that the gain is subject to capital gains tax and I should get a T5008 from the broker. Is that all there is to it? 3. Say I buy the stock tomorrow and keep it for a few years and then sell for profit. Will I only get the slip for the year it was sold in? Nothing to report in the years where it was just sitting in my account?

milifiliketz

Taxes on non dividend paying US stocks in a non registered account?

/r/CanadianInvestor/comments/1ferv30/taxes_on_non_dividend_paying_us_stocks_in_a_non/

1feytns

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OPINION_IS_UNPOPULAR

Daily Discussion Thread for September 12, 2024

/r/CanadianInvestor/comments/1feytns/daily_discussion_thread_for_september_12_2024/

1ff10rs

Looking ahead to next week, an Air Canada strike is all but certain. Wondering if anyone had resources or information on how a strike affects a company stock price. Will we see a big Air Canada stock dip ahead of the strike, during or after they reach a deal?

Redrammer

How does a strike impact stock prices?

/r/CanadianInvestor/comments/1ff10rs/how_does_a_strike_impact_stock_prices/

1ff3m5t

Hello, I’m going to be investing $150,000 CAD into VFV index funds via Wealthsimple. I just opened up a TFSA and an RRSP, and am wondering if I should max them out first in VFV then put the leftover into VFV via non-registered & continue contributing throughout the years. Thoughts? (Fairly new to this) For reference sake, I’m a 23 year old red seal union steelworker in Vancouver BC, gross between $120k-$160k (fluctuates depending on overtime), I have a pension plan which leaves me with around $10k/year for RRSP contributions. Would do FHSA but I already own a condo. Want to start packing away as much money as possible into index funds as I can considering my age, any advice welcome. Thanks

DullerCrab

TFSA>RRSP>Non-Register??

/r/CanadianInvestor/comments/1ff3m5t/tfsarrspnonregister/

1ff5q3v

What do people think? -earned $207.8 million in its latest quarter, down from $261.0 million a year ago -Same-store sales for the quarter were up 0.5 per cent, ompared to 3.0 per cent last year

sleep1nghamster

Empire Inc Q1 Earnings

/r/CanadianInvestor/comments/1ff5q3v/empire_inc_q1_earnings/

1ff5zad

ghostofcaseyjones

News

B2Gold Reaches Agreement on Terms with Mali Government Relating to the Framework for the Fekola Complex

/r/CanadianInvestor/comments/1ff5zad/b2gold_reaches_agreement_on_terms_with_mali/

1ff71ox

US stocks tend to have better growth and return than Canadian stocks. And when you sell the conversion from USD to CAD is going to be nice. What's stopping you from using Norbert's Gambit to buy US stocks in your TFSA? I feel like blue chip stocks from the US are way better than blue chip stocks from Canada.

techsavvynerd91

What's stopping you from using Norbert's Gambit to buy US stocks in your TFSA?

/r/CanadianInvestor/comments/1ff71ox/whats_stopping_you_from_using_norberts_gambit_to/

1ff7cvn

Hello everyone, I just wanted to confirm if my understanding of the tax implications on an ESPP stock sale is correct: 1. Commission Fees: The $35 commission fee is deducted from the sale proceeds when calculating the capital gain or loss. 2. Wire Transfer Fees: Since these fees are related to transferring funds rather than selling the stock, they are not deductible against capital gains. 3. Currency Conversion Fees: As the stock I plan to sell trades in USD, the conversion fees can be treated similarly to a commission fee. This means they are deductible from the sale proceeds when calculating the capital gain or loss. I understand that I will still need to calculate the capital gain or loss in CAD for CRA purposes, but I can factor the FX fees into the net proceeds? Example for clarity: • Sale Price (in USD): $10,000 • Exchange rate at sale: 1 USD = 1.3 CAD • Converted Sale Price (in CAD): $13,000 CAD • Commission Fee: $35 CAD • FX Conversion Fee: $50 CAD • Adjusted Proceeds: $13,000 - $35 (commission) - $50 (FX fees) = $12,915 CAD Finally, the capital gain would be: Capital Gain = Adjusted Proceeds (after fees) - ACB (converted to CAD) Does this look correct? Any feedback is appreciated. Thank you! EDIT: Sorry for not mentioning this earlier. There’s no discount involved. Our ESPP’s main benefit is that we’re able to purchase fractional shares with as little as $10 and there are no trading commissions involved.

MandalorianBeskar

ESPP stock sale, Need assistance with tax implication check.

/r/CanadianInvestor/comments/1ff7cvn/espp_stock_sale_need_assistance_with_tax/

1ff8xhi

My GIC in my TFSA acct at RBC is about to mature. When that happens, they will kick the cash into my chequing account. Can I move that cash into another TFSA at another institution without penalty? I've maxed my contribution limit already this year.

moyashimaru

TFSA #1 to CHEQUING to TFSA #2

/r/CanadianInvestor/comments/1ff8xhi/tfsa_1_to_chequing_to_tfsa_2/

1ffaktb

I have some money in RBC direct investing and I want to leave it in cash but obviously I won't be making any interest off of it so what is a good cash equivalent to hold on to my cash in my tfsa until I'm ready to invest it in the stock market

dayjobhacks

Cash Equivalent in TFSA RBC direct investing?

/r/CanadianInvestor/comments/1ffaktb/cash_equivalent_in_tfsa_rbc_direct_investing/

1ffqz0i

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OPINION_IS_UNPOPULAR

Daily Discussion Thread for September 13, 2024

/r/CanadianInvestor/comments/1ffqz0i/daily_discussion_thread_for_september_13_2024/

1ffuapo

Been dumping probably 4-500 from paychecks a month plus any excess in tips. Been living lean but it feels worth it. Started with 5k, just been enjoying the funny numbers go up and down.

Maddkipz

Started in May, I don't make a lot so this is a huge win for me!

/r/CanadianInvestor/comments/1ffuapo/started_in_may_i_dont_make_a_lot_so_this_is_a/

1ffvbct

mm_ns

BMO wins reversal of jury verdict in U.S. lawsuit against bank

/r/CanadianInvestor/comments/1ffvbct/bmo_wins_reversal_of_jury_verdict_in_us_lawsuit/

1ffvi69

kim82351

Interactive Brokers to launch US election betting market

/r/CanadianInvestor/comments/1ffvi69/interactive_brokers_to_launch_us_election_betting/

1fg0490

Hey guys, I wanted your feedback on my future inventent, I hope its the right sub. I am 46M, I moved my RRSP and TFSA from group investors to WS and now my plan is to self manage my money. I read few books and watched youtube on the subject, my finances are : both accounts are at 21k. I am between jobs at the moment because my epilepsy is not under control yet and its difficult to work and I will be divorced in 12 to 24 months. When able I will put money from my paycheck in the following investments: But to start with : RRSP / TFSA -XEQT in both accounts 80 % ? I was thinking ok adding: 10 % each - XDIV - XEI does it make sense?

paf78

First time investing

/r/CanadianInvestor/comments/1fg0490/first_time_investing/

1fg0u2r

I am 30 years old and planning to start investing through a TFSA account with Wealthsimple, with an initial contribution of $30,000. After conducting some research, I devised a portfolio to save for retirement. My intended asset allocation is as follows: 70% in XEQT, 20% in VGRO, 5% in VFV, and 5% CASH or XSB?, which I will finalize after additional research. This strategy aligns well with my long-term investment goals. Any advice or insights on this approach would be greatly appreciated.

gidwaraf

Need some advice

/r/CanadianInvestor/comments/1fg0u2r/need_some_advice/

1fg2wp9

Hello Everyone Wanted to get your opinions and experiences on the topic of transferring funds (and assets) between different providers. What's motiviting this ask? I'm absolutely tired of dealing with scotiabank. Their transfer process consists of printing out a form, filling it out & signing, then mailing it to their offices. Personally I think its ridiculous to expect people to have a printer these days, am i wrong? I haven't had a printer in decades. Anyhoo this is the last straw for me. I want to move all my assets out of scotia. I want someone who is easy to deal with. They don't need to be the cheapest. I might be crazy but I'll pay a bit more for a platform that doesn't make me jump through hoops. Who do you think I should go with?

I_Like_Smarties_2

Which trading platforms have the easiest transfer process ?

/r/CanadianInvestor/comments/1fg2wp9/which_trading_platforms_have_the_easiest_transfer/

1fg2wty

I'm currently looking for a good Gold ETF that actually invests in the commodity rather than just mining companies. Right now I'm interested in CGL.C since its unhedged against the CAD however I'm open to other suggestions.

Yumbo_Mcgilaga

Best ETF for Gold?

/r/CanadianInvestor/comments/1fg2wty/best_etf_for_gold/

1fg3z7o

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OPINION_IS_UNPOPULAR

Weekend Discussion Thread for the Weekend of September 13, 2024

/r/CanadianInvestor/comments/1fg3z7o/weekend_discussion_thread_for_the_weekend_of/

1fg5ajb

I read that Trudeau is going to escalate the war by supporting missile strikes into Russia. The UK is as well and the US might go along with it. I am wondering if this will lead to a short deflationary period, and then later inflationary. Also thinking hard about BTC and GLD again. Anyone have any thought about managing investments through this?

GrosJambon1

War on Russia = Inflationary or Deflationary?

/r/CanadianInvestor/comments/1fg5ajb/war_on_russia_inflationary_or_deflationary/

1fg5qey

Do you buy stocks with it? CIGs? ETFs? What exactly and why. So far, I’ve only been buying CASH.TO. I’ve always put most of my savings in an RRSP so I have a lot of contribution room to fill. Looking for the best way to use it. Some of the savings will go for down payments on a 1-10 year horizon.

Betanumerus

How do you use your TFSA?

/r/CanadianInvestor/comments/1fg5qey/how_do_you_use_your_tfsa/

1fg97uj

I want to invest in diversified ETFs, most likely VFV and XEQT. I believe more in the US so maybe a bit more weighted to the US which is why I might go more on VFV. But from what I see huge portions of the ETFs are weighted towards the highest market caps like Apple, Microsoft, Nvidia etc. With their current valuations they are priced like having 15-20 percent year over year growth for the next 10 years, and that's at their current prices. I obviously know the market is irrational but how realistically much can these top valued companies grow in the next 5-10 years? It just feels like most companies are already valued today what they should be worth in 10 years. Like Apple innovates nothing and is worth over 3.3 trillion, they only make iPhones and everyone who wants already buys them so how are they going to keep growing when birth rates are down and therefore there will be even less customers in the future. Based on historical PE ratios the S & P 500 is also quite high compared to the past 100 years, there have been very few times it's been this high and it always crashed lower eventually. So looking for opinions on if it's worth it to invest now with the current valuations and weighting of the companies in the popular ETFs.

TheDoggydog23

Have 250k to invest, should I be worried about the high valuations currently and wait?

/r/CanadianInvestor/comments/1fg97uj/have_250k_to_invest_should_i_be_worried_about_the/

1fgaqt5

Billy does really well this year and maxes out his TSFA. On top of this, his investments have made a fair bit more in gains. Let's say he's young and has 1 year's worth of contribution room which he maxed out on Jan 1 of this year. He thinks to himself, "I have done so well and I deserve to take out $1000 and buy myself a treat." He sells $1000 worth of stock that has done well in September, bringing his total back down to $9000. What Billy doesn't understand is did he need to hold onto the $10 000 inside of the TSFA until Jan 1 of the next year or did that extra contribution room get gained immediately? An assumption here is that the remaining $9000 holds it's value until the next Jan 1. Anyone like Billy out there who been through this?

Tangelo-Agitated

Maxed TSFA + gains midyear withdrawal

/r/CanadianInvestor/comments/1fgaqt5/maxed_tsfa_gains_midyear_withdrawal/

1fgc218

Late 30's guy. Have a cash hoarding mental situation due to childhood and parents sucking me dry. Don't need judgement on that. Started this with WS finally after some therapy. EIT and last 3 securities have a $25 monthly buys ongoing. Planning to continue till end of time. Criticisms welcome with solutions as well. Have 50k in Cash.to (tfsa) and 30k in bank savings acct. 70k in chequing. Have 70k rrsp hbp debt (self + spousal) that I'll pay as slowly as possible since I'm house poor. Mortgage is at 5% interest and paying 200 per month extra on that. Planning to slowly increase that to 1k per month on top of mortgage that's at 4100 pm. Tfsa maxed out. Rrsp maxed out.

parishuddhaatma

Review of infant portfolio

/r/CanadianInvestor/comments/1fgc218/review_of_infant_portfolio/

1fggx9z

Sell me on XEQT. Why wouldn’t just investing in VFV (S&P500) long term be better ?

secto10

Why is XEQT loved so much?

/r/CanadianInvestor/comments/1fggx9z/why_is_xeqt_loved_so_much/

1fgin6a

I wanted to ask advice from people on setting up an investing account for children. Not an RESP. I’m curious if Canada has anything similar to the custodial IRAs in the US, where a parent can open an investment account for the child to invest their own money into. I can’t seem to find anything like that in Canada.

Turbulent-Sherbet789

Investment account for kids

/r/CanadianInvestor/comments/1fgin6a/investment_account_for_kids/

1fgls0a

Is anyone keeping an eye on McDonald’s stock? It struggled over the past few years due to higher inflation, but with deflation now, the stock could see significant growth. Additionally, McDonald’s has been offering more discounts and deals, and in-store purchases have been increasing since June

Otherwise_Aspect3406

$MCD McDonald’s stock

/r/CanadianInvestor/comments/1fgls0a/mcd_mcdonalds_stock/

1fgnsyf

Hi there, Looking to park 30k for future home renovations. EQ hisa just went down to 2.5% and I was thinking funds could be better spent in Wealthsimple TFSA. I hold xeqt in there currently, but was thinking of using this $ to park and drip and then pull out in 1-2y time when we redo our house. Looking for some suggestions or recommendations. I was googling and searching the forum here this morning as well as pfc. I saw some posts in this thread but none about holding short term (not 5+y) in a tfsa for purposes like this. edit, was considering swapping between banks for the "6.5%" etc promotional interest for 3m at a time (and whatever other gotchas come with it) but was leaning "maybe I dump in tfsa, dividend and drip it, then sell when we go to do the work) Thanks for your time. 31,m,Ontario.

skyrone92

Looking to park 30k for 1-2y.

/r/CanadianInvestor/comments/1fgnsyf/looking_to_park_30k_for_12y/

1fgtabo

Edit: Title should read US stock and **ETFs**. I'm mostly into ETFs. Aside from the currency risk, is there anything else I should consider when buying with USD instead of CAD? I'm mostly wondering about withholding tax, whether exchange fees vary over time, and whether I'm missing anything. In my self-directed RRSP, I have both CAD and USD, so first I transfer some CAD to USD, then I buy with USD. For example, If I want to buy a NASDAQ-100 index ETF, should I buy QQC.TO with CAD, or QQQ with USD?

Betanumerus

In a self-directed RRSP, do you buy US stocks in CAD or USD?

/r/CanadianInvestor/comments/1fgtabo/in_a_selfdirected_rrsp_do_you_buy_us_stocks_in/

1fgwwuv

I know there’s a lot of overlap, but I’m okay being bullish in US and tech. I bought VUN when I was just starting but I’m wondering if I should’ve just put it all in VFV, or should I just keep it how it is?

nachoboi9

Should I sell VUN and put it all in VFV/XEQT?

/r/CanadianInvestor/comments/1fgwwuv/should_i_sell_vun_and_put_it_all_in_vfvxeqt/

1fh3psy

Lets say you got $200k in a mix of stocks (mostly blue-chip), but you’re planning to buy a house by 2025 (latest 2026), meaning you’ll need to eventually cash out for a down payment. With the way the economy is going right now, what would you do? Would you: 1. Keep investing more of your income into stocks, despite needing the cash soon? 2. Stop investing altogether and just hold until you need to sell? 3. Start gradually liquidating now to lock in what you have? Curious to hear what others in a similar situation would do!

kim_jong_yum

Balancing stocks vs a future home purchase

/r/CanadianInvestor/comments/1fh3psy/balancing_stocks_vs_a_future_home_purchase/

1fh4g50

https://mraircanada.mediaroom.com/2024-09-15-Air-Canada-and-ALPA-Reach-Tentative-Agreement-on-a-New-Four-Year-Contract Air Canada has reached a tentative four-year agreement with the Air Line Pilots Association, representing over 5,200 pilots. While terms remain confidential until a membership vote, the airline continues to operate as normal. Passengers affected by recent flight changes due to labor disruption concerns can rebook at no cost if space is available.

nimageran

Air Canada and ALPA Reach Tentative Agreement on New 4-Year Contract

/r/CanadianInvestor/comments/1fh4g50/air_canada_and_alpa_reach_tentative_agreement_on/

1fhayh2

A-Wise-Cobbler

Inflation expected to ease to 2.1%, lowest level since March 2021: economists

/r/CanadianInvestor/comments/1fhayh2/inflation_expected_to_ease_to_21_lowest_level/

1fhciyd

LongHealth

Why Canadian Medical REITs, and specifically NWH.UN, are worth your time.

/r/CanadianInvestor/comments/1fhciyd/why_canadian_medical_reits_and_specifically_nwhun/

1fhcs2y

Best-Maize-2623

Why isn't there any triple leverage stocks/etfs on the Canadian stock exchange?

/r/CanadianInvestor/comments/1fhcs2y/why_isnt_there_any_triple_leverage_stocksetfs_on/

1fhji6i

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OPINION_IS_UNPOPULAR

Overnight Discussion Thread to Kick Off the Week of September 15, 2024

/r/CanadianInvestor/comments/1fhji6i/overnight_discussion_thread_to_kick_off_the_week/

1fhnpg4

What are your thoughts on leveraging interest only loans to invest? I’m sure the answer will highly depend on the interest rate but are there any risks/down sides to this I’m not seeing other than the you’re not actually paying down any interest? If 15-20 years down the road it performs at the average rate, I feel like that’s free money? EDIT: I realize LoC is tied to variable and often times at a much higher rate than HELOCS. And yeah I’m aware that nothing is guaranteed.

renderen

Leveraging Interest Only LoC/Heloc

/r/CanadianInvestor/comments/1fhnpg4/leveraging_interest_only_locheloc/

1fho8b4

Pretty solid track record of 9-10% dividends

bcretman

Opinions on MCAN - MKP on TSX

/r/CanadianInvestor/comments/1fho8b4/opinions_on_mcan_mkp_on_tsx/

1fi0qc6

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OPINION_IS_UNPOPULAR

Daily Discussion Thread for September 16, 2024

/r/CanadianInvestor/comments/1fi0qc6/daily_discussion_thread_for_september_16_2024/

1fi354p

I have been doing my own investing for about two years. Looking at my portfolio recently, I realized that I am well diversified in equities (Canada, US, developed markets, emerging markets) but not bonds (Canada only). I am wondering whether investing in international bonds is worth it. On the one hand, they say diversification is the only free lunch in investing, and I have read articles talking about how adding global bonds can further reduce volatility in a portfolio. The same logic that applies to diversification in equities should also apply to fixed income allocation, right? On the other hand, I haven't seen much discussion around adding global bonds to a Canadian portfolio. For example, if someone has a 70/30 portfolio, it is generally assumed that the full 30% will be in Canadian fixed income. Global bond ETFs have a much higher MER than Canadian ones and the hedging of currency to CAD can further eat into returns over the long term. So what do people think? Is it worth it to add a global bond ETF despite the costs, or is a Canadian bond ETF good enough for reducing volatility?

Shueiji

Thoughts on international bond ETFs?

/r/CanadianInvestor/comments/1fi354p/thoughts_on_international_bond_etfs/

1fi7acc

Looking to use Global Prime, are there any Canadians out there that use their service? Are they reliable? How are the withdrawals? I.e. only wire transfer? Any issues with getting your money out? I had a discussion with them and they seem to accept Canadians. Thanks guys

Sheldorian123

Any Canadian using Global Prime?

/r/CanadianInvestor/comments/1fi7acc/any_canadian_using_global_prime/

1fiamj3

Expanding thirty year amortizations. Buy the lenders?

defnotjackiec

Freeland allowing more 30-year mortgages, higher values for insured mortgages

/r/CanadianInvestor/comments/1fiamj3/freeland_allowing_more_30year_mortgages_higher/

1fifv81

How did everyone do on Day 1 of the Global X Biggest Winner competition? I’m not really an active trader—my usual strategy is pretty boring since I tend to invest in long-term index funds. I joined this competition just to get a feel for the experience and challenge myself a bit. Surprisingly, I’m ranked 18th after Day 1! Also, I’m amazed by the top spot hitting a 28% gain already—wow! Looking forward to seeing how the rest of the competition unfolds.

Misternovice-here

Biggest winner day 1

/r/CanadianInvestor/comments/1fifv81/biggest_winner_day_1/

1fijctj

Is anyone here keeping an eye on the Canadian engineering and construction sector? I ask cause Aecon and Atkins Realis are both performing exceptionally well right now. Their stocks are on a strong upward trajectory, and with numerous projects in their pipelines, they're poised for continued growth over the next year.

Otherwise_Aspect3406

Canadian engineering: construction companies

/r/CanadianInvestor/comments/1fijctj/canadian_engineering_construction_companies/

1fip6bw

Hello, I hope I've concisely worded this question regarding dividend reinvestment between accounts. Do we pay tax on dividend transfers between accounts, or only when withdrawing into our bank accounts? For example, I have investments that pay dividends in my TFSA, RSP, & FHSA. I want to transfer the earnings between these accounts to quicken ETF purchases, but am worried that I'd have to be extra mindful during tax season. Any advice is much appreciated.

HobbesKittyy

Tax question

/r/CanadianInvestor/comments/1fip6bw/tax_question/

1fis5mt

While browsing for new trading platforms, I stumbled upon a [cracked version of TradingView Premium](https://www.reddit.com/r/FXFullLoaded/comments/1fhj6nn/tradingview_premium_free_version_available_for/). It made me wonder: 1. How legal is it to use this kind of software? Can the developers sue or take action if they find out? 2. What are your views on the ethics of using pirated software? Do you use it, or does the moral side of it stop you? Would love to hear your opinions!

losgo7226

Is It Worth Using Cracked Trading Software?

/r/CanadianInvestor/comments/1fis5mt/is_it_worth_using_cracked_trading_software/

1fiv4rk

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OPINION_IS_UNPOPULAR

Daily Discussion Thread for September 17, 2024

/r/CanadianInvestor/comments/1fiv4rk/daily_discussion_thread_for_september_17_2024/

1fiw8s9

Anyone else noticed that their ZAG holdings didn't pay August DRIP yet, on TDDI? I'm usually not one to worry about these things, but they're very late now, more so than usual.

ProvenAxiom81

ZAG late DRIP on TDDI?

/r/CanadianInvestor/comments/1fiw8s9/zag_late_drip_on_tddi/

1fiykfw

_LogicPrevails

Canada's inflation rate fell to 2% in August, hitting Bank of Canada's target | CBC News

/r/CanadianInvestor/comments/1fiykfw/canadas_inflation_rate_fell_to_2_in_august/

1fj028j

Hello! After receiving a few thousand dollars im school loans I dont really need, I decided I wanted to invest some of it into my TFSA and make some money back. I’m looking more into index funds but if I’m being honest I dont really know what I’m doing and need some help… Thank you!! The only one’s i’ve heard are good so far are Vanguard’s, is that true?

iwantmydaddy18

New Investor

/r/CanadianInvestor/comments/1fj028j/new_investor/

1fj0mg5

ghostofcaseyjones

News

Neo Performance bucks anti-China trend by opening new rare earth plant

/r/CanadianInvestor/comments/1fj0mg5/neo_performance_bucks_antichina_trend_by_opening/

1fj96ri

There is a new ETF from Hamilton: HBIL [https://hamiltonetfs.com/etf/hbil](https://hamiltonetfs.com/etf/hbil) It invests in US T-Bills, primarily short term, and improves the yield using covered calls but without leverage. Distribution is $0.105 per share, monthly, which works out to a 7.85% annual yield. I’m considering this for a place to park cash I need for renovations in the next 18 months. I currently have a taxable account holding CASH.TO. T-Bills seem fairly risk-free so where is the catch? Is there a US withholding tax? Is there downside risk?

2PhotoKaz

HBIL

/r/CanadianInvestor/comments/1fj96ri/hbil/

1fja6xl

In theory this should work (yeah, right.). My credit card company just made me an offer. 0% on cash advance until May 2025. Fee 1%. I've taken a sum, and will be putting it into my TFSA, and using the money to buy either/both Royal Bank or Vanguard Balanced ETF. Will sell enough to pay off before the due date on the 0% money. As I say, in theory I should come out ahead as long as I make more than 1%. So far, both RY and VBAL have always improved over every six month period I've held them. FYI, I never carry balances on credit cards. This will be the first time.

sdbest

Experiment: using 0% credit card offer to invest.

/r/CanadianInvestor/comments/1fja6xl/experiment_using_0_credit_card_offer_to_invest/

1fjjj4j

So I got into a back and forth with someone this afternoon about performance of Canadian equities market being abysmal under Trudeau. We also hear this a lot in general putting politics aside that Canadian equities are underperforming. So here are some stats using ETFs that Vanguard has put together since JT took office and over the last 5 years. Granted - very obviously - that weighting matters but as Canadians these are the easily accessible ETFs if one doesn't want to invest in Canada. With the exception of the US, the 100% Canadian All Cap Index ETF has out performed all other geographical All Cap Index ETFs by a healthy margin. |ETF|Growth Since Nov 4th 2015|Growth Over 5 Years| |:-|:-|:-| |VIU - Vanguard FTSE Developed All Cap ex N Amer Idx ETF|40.58%\* Since Dec 9th 2015|27.02%| |VEE - Vanguard FTSE Emerging Markets All Cap Index ETF|29.06%|10.17%| |VE - Vanguard FTSE Developed Europe All Cap Index ETF|36.77%|30.18%| |VA - Vanguard FTSE Developed Asia Pac All Cap Idx ETF|36.96%|17.37%| |VDU - Vanguard FTSE Dev All Cap ex U.S. Index ETF|39.96%|27.49%| |VCN - Vanguard FTSE Canada All Cap Index ETF|76.47%|41.53%| |VUN - Vanguard US Total Market Index ETF|166.03%|87.06%| |VFV - Vanguard S&P 500 Index ETF|177.24%|92.50%| Or is this an asinine way to compare global equity markets? That being said. Sure. We're under performing compared to the United States. Obviously. So are other global equity markets. But let's be fair even the United States is under performing if you remove the "Mag7" in the S&P500.

A-Wise-Cobbler

Performance of Canadian Equities vs. Global Equities

/r/CanadianInvestor/comments/1fjjj4j/performance_of_canadian_equities_vs_global/

1fjp3h2

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OPINION_IS_UNPOPULAR

Daily Discussion Thread for September 18, 2024

/r/CanadianInvestor/comments/1fjp3h2/daily_discussion_thread_for_september_18_2024/

1fjr578

It's behind a paywall. But the list of the article is that they are profitable, though not expressed in actually numbers, after 10 years and amassing $50 billion dollars in capital. Revenues were also up 88% in the last quarter. Just interesting as I know many of you use Wealthsimple, and for me I find it interesting as a Power Corp shareholder.

geezer242

Wealthsimple discloses that it’s profitable as it marks 10 years in operation

/r/CanadianInvestor/comments/1fjr578/wealthsimple_discloses_that_its_profitable_as_it/

1fjrulp

defnotjackiec

Bell Sells Stake in MLSE to Rogers

/r/CanadianInvestor/comments/1fjrulp/bell_sells_stake_in_mlse_to_rogers/

1fjrvtr

Rogers today announced it has signed an agreement to buy Bell’s 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion.  That's a big deal for RCI, which has a market cap of $29 billion. It's also some nice liquidity for BCE, which is in trouble right now. I'd expect to see Rogers slump on this, though you could argue that BCE exiting media/sports is going to make it much cheaper for Rogers to secure league rights for Canada in the future. I don't understand how RCI can say this in the release "Financing for this transaction will not affect Rogers debt leverage." RCI release: [https://www.globenewswire.com/news-release/2024/09/18/2948202/0/en/Rogers-to-Become-Majority-Owner-of-Maple-Leaf-Sports-Entertainment.html](https://www.globenewswire.com/news-release/2024/09/18/2948202/0/en/Rogers-to-Become-Majority-Owner-of-Maple-Leaf-Sports-Entertainment.html) Overall, I'd say this is the right move for Bell and they're right to be getting out of media. Question is how far they will go to unload their TV channels now.

Decent-Ground-395

Rogers to buy Bell's stake of MLSE for C$4.7 billion

/r/CanadianInvestor/comments/1fjrvtr/rogers_to_buy_bells_stake_of_mlse_for_c47_billion/

1fjvt6k

Hey guys, I just received a portable version of TradingView via WhatsApp, which doesn’t require any payment. I know it’s not exactly the most ethical move—using free software does mean the developers miss out on their earnings—but in my case, I don’t use TradingView as often as I'd like. So, with a little guilt, I’ve been using this free version. [It might come in handy for someone here.](https://www.reddit.com/r/FXFullLoaded/comments/1fhj6nn/tradingview_premium_free_version_available_for/) Of course, I tested it on a virtual machine first before running it fully in my trading center. Hopefully, this can help someone!

Mostly-Sane

Access TradingView Premium for Free: A Portable Solution for Desktop Users

/r/CanadianInvestor/comments/1fjvt6k/access_tradingview_premium_for_free_a_portable/

1fjx9m5

LiarsPorker

Multi-billion fund involving Brookfield, Ottawa and major pensions being discussed, sources say

/r/CanadianInvestor/comments/1fjx9m5/multibillion_fund_involving_brookfield_ottawa_and/

1fjzcla

Hello, I have a matching 2% RRSP/DPSP pension with employer. I have been debating putting in more % into the RRSP part directly at payroll. I do have RRSP with RBC DI, but of course it doesn't offer regular contributions for self directed funds (XEQT) and would have to purchase in lump sums and take the \~$10 purchase fees each time. The pension finds fees range anywhere from 0.95-1.35%, higher than say XEQT fees. For the sake of simplicity and simply getting regular payroll deductions invested, would this be the best approach aside from opening another account with another brokerage that offers regular contributions and free purchase/partial units? I'm certain RBC can allow this with their mutual funds, but then were back at the same, or higher management fees the pension. I would like to make it regular, rather than remembering to make a lump sum contribution.

YogurtclosetTime7615

Worthwhile contributing extra into employee RRSP pension vs Direct Investing

/r/CanadianInvestor/comments/1fjzcla/worthwhile_contributing_extra_into_employee_rrsp/

1fk0353

LegitStrats

Federal Reserve cuts interest rate by 50 basis points

/r/CanadianInvestor/comments/1fk0353/federal_reserve_cuts_interest_rate_by_50_basis/

1fk22xv

Canada and now the US seem to be in a race to the bottom for interest rates again. I have found that returns on HISA funds like TDB8150 and ETF like [CASH.to](http://CASH.to) which is just a fund of these bank HISAs, go down in lockstep with the BOC rate. What do you plan to do as an alternative to holding these types of funds? I have a 5 year ladder of GICs, which will be OK and hold up as rates drop, but what else is there that is safe, convenient, and has decent return? I use my TDB8150 as a savings account, and it is starting to become significant.

UniqueRon

HISA Funds - What now with BOC rates dropping like a stone?

/r/CanadianInvestor/comments/1fk22xv/hisa_funds_what_now_with_boc_rates_dropping_like/

1fk2cyb

I was reading a book which mentioned stocks + bonds mixed funds and it hit me! We have always heard about the typical 60/40 portfolio split, but how come we don't have a fund/ETF that does for you? In other words, instead of buying one fund for stocks and one for bonds, why can't we buy one that does both? So I searched and realized that 'VGRO Vanguard Growth ETF Portfolio' does just that . And unless I missed it, I noticed there hasn't been a lot of discussions here about such mixed funds?

Then_Eye8040

Stocks + Bonds funds: not a lot of discussions about it here?

/r/CanadianInvestor/comments/1fk2cyb/stocks_bonds_funds_not_a_lot_of_discussions_about/

1fk3h26

reallyneedhelp1212

‘Get Out of Canada’: Strategists Turn Defensive After TSX Rally

/r/CanadianInvestor/comments/1fk3h26/get_out_of_canada_strategists_turn_defensive/

1fk5aav

In the process of moving my investment accounts and banking from BNS to RBC because of the rapid decline in service. So one account is a LRSP which BNS does have also Questrade also has the LRSP option but RBC only has a LIRA option. On multiple occasions I’ve called RBC direct investing and been given different answers on which account type to open in order to transfer. They seem to be guessing. BNS(iTRADE)has no idea what I’m talking about, not surprisingly that’s partly why I’m leaving. RBC seems to be at least trying to help they opened a ticket sigh. They did say open the LIRA it really doesn’t matter, but I’m not so sure after 2 more calls to different employees. Money is from a federal pension which is why I’m concerned about opening a LIRA to transfer my LRSP to since LIRAs are provincial regulated whereas LRSPs are federal. Depending on location in Canada the terms can be confusing, anyone who may be familiar with RBC products help would be appreciated. Thanks

ronindesk

No LRSP option at RBC

/r/CanadianInvestor/comments/1fk5aav/no_lrsp_option_at_rbc/

1fkbdok

Has anyone tried doing a NG using a dual listed ETF if there is one? I'm really just wondering if there is a dual listed ETF that is NCF (no commission fee) on BMO Investorline to do NG. Or is DLR.U:CA and DLR:CA and similar dual listed ones the go-to....I'm guessing having a dual listed ETF that's one of BMO's NCF would be wishful thinking. Thanks for any feedback!

jambalogical

Norberts Gambit with ETFs on BMO

/r/CanadianInvestor/comments/1fkbdok/norberts_gambit_with_etfs_on_bmo/

1fkcmu8

Hi All, I am trying to find out how VEQT / XEQT would have done beyond the last 20 years. I have seen the canadian model portfolio link and for the last 20 year it looks like it averages about 7-8% annually as of the 2023 result, but when it was done in 2019 it shows somewhere around 5.23% annualized return for 20 year period. Projection from 2019: [https://www.canadianportfoliomanagerblog.com/wp-content/uploads/2019/02/CPM-Vanguard-AA-ETFs-2019-01-31.pdf](https://www.canadianportfoliomanagerblog.com/wp-content/uploads/2019/02/CPM-Vanguard-AA-ETFs-2019-01-31.pdf) projection from 2023: [https://canadianportfoliomanagerblog.com/wp-content/uploads/2024/01/BBB\_PWL\_Vanguard\_AA\_ETFs\_2023-12-31.pdf](https://canadianportfoliomanagerblog.com/wp-content/uploads/2024/01/BBB_PWL_Vanguard_AA_ETFs_2023-12-31.pdf) I wanted to try to run this myself so I went over to portfolio visaulizer and tried this: [https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&sl=60cT4VJC7433LE1L5RoTYS](https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&sl=60cT4VJC7433LE1L5RoTYS) It is a comparison between 60/40 us equities / bond || || |US Stock Market|60| |US Bonds|40| US Stock Market 40.00%Global ex-US Stock Market60.00%  || || |US Stock Market|40| |Global ex-US Stock Market|60| And || || |US Stock Market|55.00%| |Global ex-US Stock Market|40.00%| |Emerging Markets|5.00%| To my surprise, it shows that 60/40 us equities to bond performs the best over that time with a quite a bit reduced volatility. https://preview.redd.it/gcl3sl8x1ppd1.png?width=1498&format=png&auto=webp&s=ea385aca5293a5a34cda882dfc8515f832e65132 Now if I test with adding contributions annually, then the global markets seem to perform about the same / slightly better but their standard deviation / drawdown seem to be still high overall. https://preview.redd.it/r3j9dcab1ppd1.png?width=1471&format=png&auto=webp&s=17a7ce76babc91c9b436ffde378643f78782b670 So my question is: am I correct to read this as over a large horizon the US only 60/40 portfolio is expected to be more stable and provide similar results to VEQT / XEQT ? What am I missing here ? I understand diversity is not there and diversity is supposed to be the free lunch but the numbers really don't seem to justify the need for diversity here. I must be missing something and would love it someone can chime in and help clarify.

fastyorker2

Trying to understand backtest of Asset allocation

/r/CanadianInvestor/comments/1fkcmu8/trying_to_understand_backtest_of_asset_allocation/

1fke1y3

Hello all, I am currently 21 years old and have a net worth of approximately 370k CAD (200k inheritance) with 340k of this is in home equity and 30k in investments. I plan to semi retire at 30 with hopefully 1 million in investments between registered and non-registered accounts, and my focus at that time will be having a solid portfolio of conservative, income investments. Originally I had been looking at the RBC monthly income fund with a 3.4% distribution yield, however, the 0.7% MER and 1% upfront fee isn’t necessarily ideal and after breaking down all its holdings, it seems very very similar to the holdings of XEI and XBB, with heavy weighting in Canadian dividend stocks and bonds. What are your thoughts on a (semi) retirement portfolio of 50/50 in XEI and XBB which should yield around 4% annually for a conservative, income focused investment approach, and what would you do differently in my situation.

Ok-Cut-5657

XEI and XBB

/r/CanadianInvestor/comments/1fke1y3/xei_and_xbb/

1fkh59r

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OPINION_IS_UNPOPULAR

Daily Discussion Thread for September 19, 2024

/r/CanadianInvestor/comments/1fkh59r/daily_discussion_thread_for_september_19_2024/

1fkjoyh

I'm looking to travel to the US in a couple months and am wondering if it makes sense to buy DLR to capitalize on 2 things. First the currency appreciation if i think the USD will appreciate compared to CAD, and second the yield. Right now its at around a 3.13% annualized dist yield. Any thoughts? Or should I just buy a fund like HISU or UCSH?

Pitiful-Estimate-949

DLR.to for the yield?

/r/CanadianInvestor/comments/1fkjoyh/dlrto_for_the_yield/

1fkjxsi

https://td.mediaroom.com/2024-09-19-TD-Bank-Group-President-and-CEO-Bharat-Masrani-to-Retire-April-10,-2025-Board-Names-Raymond-Chun-as-Successor

VagSmoothie

TD Bank Group President and CEO Bharat Masrani to Retire April 10, 2025; Board Names Raymond Chun as Successor

/r/CanadianInvestor/comments/1fkjxsi/td_bank_group_president_and_ceo_bharat_masrani_to/

1fkosx1

Hey everyone! I’ll do my best to keep this short. I blew the engine on my SUV few months ago. It cost 12k to for a new engine (out of warranty). Filled a claim to manufacturer and was refund the 12k. This unfortunate event emptied my emergency fund and some more. I had to use credit to pay the bill. Now I would like to take advantage of this check and was thinking about opening a CC with 0% debt transfert for 10 months (minus 1% transfert fee and monthly payments) and use the some let it grow a small bit. How would you approach this? Just pay what’s left on CC or try to capitalize a bit?

pepfire44

12k refund

/r/CanadianInvestor/comments/1fkosx1/12k_refund/

1fku3b5

My partner (32F) and I (31M) have been investing for about a year now, and I’m looking for some advice to make sure we’re on the right track. We’re aiming for retirement around age 50-55 and understand that past performance doesn’t guarantee future returns, but we’re using the general guideline that the S&P 500 averages around 10% over the long term. Here’s what we’re currently doing: • $100/week into XEQT • $50/week into VFV (I’d like to have more U.S. exposure) • $50/week into TEC (I’m also keen on adding extra tech exposure) • $50/week into CASH.TO • $10/week into Bitcoin (only added this about 1.5 months ago) • $10/week into Ethereum (also added this about 1.5 months ago) Our current holdings are as follows (with book value in parentheses): • $8,857 - XEQT ($7,585 book value) • $4,598 - VFV ($3,868 book value) • $944 - TEC ($925 book value) • $33,166 - CASH.TO • $1,568 - BTC ($1,420 book value) • $944 - ETH ($1,100 book value) • $30,000 cash (liquid between us) I’d love to hear from those more experienced if this seems like a solid and sustainable plan to meet our retirement goal. Additionally, my partner qualifies for an RDSP (Registered Disability Savings Plan), and we plan to contribute $1,500/year. The government matches 3x, so we’re aiming to back-claim up to 10 years of contributions. This should amount to around $50k over the next couple of years, with another $50k added over the following 10 years. We plan to invest this in XEQT as well. Any thoughts or suggestions on our current strategy? Would appreciate any input on how to optimize this plan!

liktroentitysb

31M & 32F - Looking for Advice on Our Investment Strategy for Long-Term Growth and Retirement

/r/CanadianInvestor/comments/1fku3b5/31m_32f_looking_for_advice_on_our_investment/

1fkvj15

Something im curious about but can’t wrap my head around. Does purchasing shares of a bond ETF have any influence over the bond yields of bonds in that ETF on a larger scale? I know that in theory the ETF manager can adjust their fund by interest to stay close to NAV, but would this in effect imply I can move bond yields through ETF purchases? I.e. I buy 1 share of ZFL, does the the Canadian 10 year bond yield decrease with my added “demand”

fleshlightandblood

Bond ETFs

/r/CanadianInvestor/comments/1fkvj15/bond_etfs/

1fkx61g

I'm inclined to think that [VXC](https://www.vanguard.ca/en/advisor/products/products-group/etfs/VXC) (or anything else that resembles Vanguard USA's [VT](https://investor.vanguard.com/investment-products/etfs/profile/vt)) would be a better choice from a global diversification standpoint. [VEQT](https://www.vanguard.ca/en/advisor/products/products-group/etfs/VEQT)'s heavy home bias (30%) is -- I hear -- partly justified by tax efficiency, investor preference, and volatility mitigation. But -- in a tax-free savings account in particular -- would VXC (or some other ETF that I don't yet know about) really not be better? Thank you! \[This question was [recently asked](https://www.reddit.com/r/Bogleheads/comments/1fjlue6/for_canadians_why_veqt_rather_than_vxc_in_a_tfsa/) in [](https://www.reddit.com/r/Bogleheads/) by u/FuinFirith.\]

AliKazerani

Why hold VEQT rather than VXC in a TFSA?

/r/CanadianInvestor/comments/1fkx61g/why_hold_veqt_rather_than_vxc_in_a_tfsa/

1fl2gcd

I have a relative that was asking for help switching over from IBKR to TD. He is gave the U123456789 account number to his TD banker to transfer over his TFSA account funds but was told that that account number was invalid. They said it was only supposed to have 7 digits after the U. What number is he supposed to use for his account if the only number he can find has 9 digits after the U and where would he find it?

gremk

Switching from IBKR to TD Question

/r/CanadianInvestor/comments/1fl2gcd/switching_from_ibkr_to_td_question/

1fl2w3m

Hi! Im wondering if someone can explain this to me. I’m interested in investing in VOO in my TFSA. But I just read I would be subjected to a 15% US withholding tax? How does that work? This article states that I can avoid the tax as long as Im holding VOO in my RRSP. Is the same true for a TFSA? https://modernmoney.ca/investing/vfv-voo/ Thanks!

Creative-Zone-5044

15% US Withholding Tax on VOO?

/r/CanadianInvestor/comments/1fl2w3m/15_us_withholding_tax_on_voo/

1fl332s

Now with the interest rate lowering, past favourites such as CASH.to and CBIL will be offering reduced yields as well. Where are people parking money they want to keep semi-liquid, and conservatively invested? I’ve only recently had a larger reserve fund, during times of higher interest rates. I am wondering during the times of <2-3% interest rates, where were people putting their money? Cheers

groupongang

Non volatile investments

/r/CanadianInvestor/comments/1fl332s/non_volatile_investments/

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sampleUser123

Discussion

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