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lhbhm8g | I specifically hold a little bit of GDNP to remind me not to buy stupid shit | 8 | RealBigFailure | 2024-08-09T18:46:42 | null | 6 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhbhm8g/ | 2 | t3_1envub7 | t1_lhaqqrt | false | false |
lhbhqzw | This is actually a thing that is getting more and more common.
Here is a short article talking about it in general. Basically they can focus more on their area to make it better and also shield the more public company (whose name appears on the products sold to consumers) can be more protected from, say, claims of price gouging when they increase their prices. Or issues with livestock health or mistreatment. "We're not gouging. Our supplier raised their prices!" "We don't process the pigs. We will demand that our supplier improves their standards!"
https://adr-international.com/should-we-separate-sourcing-from-supplier-management/ | 7 | ptwonline | 2024-08-09T18:47:23 | null | 6 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhbhqzw/ | 1 | t3_1envub7 | t1_lhbbmvc | false | false |
lhbi1ug | The pump/dump is over, and it's back to being a penny stock. | 1 | releasetheshutter | 2024-08-09T18:48:57 | null | 1 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhbi1ug/ | 3 | t3_1envub7 | t1_lhbdfca | false | false |
lhbi5ar | Qtrade has a good platform and strong customer service. They can help with transactions if needed.
It costs $8.88 per trade, but nothing is hidden, and they rarely charge more than that (there are some fees that can be applied under certain circumstances). If you have enough to be over the limit(s) you don't get any monthly charges.
I use Qtrade and Wealthsimple, I like Qtrade's model better as I know what I'm paying for, the accounts I keep in Qtrade are large enough there is no extra fees, I mostly purchase ETF's that are free on the platform, and it discourages me from trading too much. I also like the platform better, visually and to use. Active investing is better on Wealthsimple or Interactive Brokers, depending on leverage.
It has its strengths, for sure. I would spend some time reading about the fees and options within the platform to make sure it meets your specific needs. It is a hard adjustment to paying for a service that used to be free, but if you have a large amount of savings and are investing "correctly" with low-cost world-diversified ETF's, you can build a good portfolio for no cost. | 10 | The_Baron___ | 2024-08-09T18:49:27 | null | 10 | /r/CanadianInvestor/comments/1eo61vm/qtrade_promotion/lhbi5ar/ | 0 | t3_1eo61vm | t3_1eo61vm | false | false |
lhbim4k | All of Reddit is a poster child for people that are confidently incorrect. I noticed this in my own field, where people pretend to be experts in dentistry but have no fucking clue how any of it works -- and when corrected, they just double down. | 20 | releasetheshutter | 2024-08-09T18:51:53 | null | 18 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhbim4k/ | 1 | t3_1eo0es2 | t1_lhasaf4 | false | false |
lhbko33 | Does anyone other than me appreciate these 20-40 intraday moves on the SPX when we had days it would barely budge 10 points all day? | 0 | IMWTK1 | 2024-08-09T19:02:41 | null | -1 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhbko33/ | 0 | t3_1envub7 | t3_1envub7 | false | false |
lhbkxeu | Isn't the minimum commission $1? | 4 | ether_reddit | 2024-08-09T19:04:03 | null | 3 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhbkxeu/ | 1 | t3_1envub7 | t1_lhav7hx | false | false |
lhbl6yw | You purchased a US listed stock with USD set as the settlement funds.
Use the Foreign Exchange tab and purchase that amount of USD.
It will settle by next day.
I've done this a few times and never incurred interest charges, but that may be due to catching it within a day or two.
On another note, if you now buy the same stock but change it to CAD settlement funds, each holding will be listed separately. Which can be annoying to look at. | 3 | NoInternetPoint5 | 2024-08-09T19:05:27 | null | 3 | /r/CanadianInvestor/comments/1eo6066/bmo_investorline_negative_usd_balance/lhbl6yw/ | 0 | t3_1eo6066 | t3_1eo6066 | false | false |
lhblatz | This was one of the first stocks I bought when I began investing in 2016. After all of these years of dividend reinvestment I'm about even. I finally sold today. If I had not reinvested the dividends I'd be up a bit. Shows you though, dividend investing works as an income strategy. | 6 | steamingpileofbaby | 2024-08-09T19:06:02 | null | 6 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhblatz/ | 0 | t3_1eo0es2 | t3_1eo0es2 | false | false |
lhblsyv | Billions* | 3 | jdlp_ | 2024-08-09T19:08:46 | null | 3 | /r/CanadianInvestor/comments/1enxgni/canopy_growth_reports_first_quarter_fiscal_year/lhblsyv/ | 1 | t3_1enxgni | t1_lhasnd7 | false | false |
lhbm69r | 5 years using this platform, not super fancy and they offer numerous commission free EFT's. The one standout for me is the customer service. These folks answer the phone quickly and they are all based in Canada and are super knowledgeable. They also have a direct line for high net worth customers. No complaints, yet. | 8 | Hossennfoss69 | 2024-08-09T19:10:45 | null | 8 | /r/CanadianInvestor/comments/1eo61vm/qtrade_promotion/lhbm69r/ | 0 | t3_1eo61vm | t3_1eo61vm | false | false |
lhbm82q | The leadership is pathetic. Glad I got out. | 2 | CashComprehensive423 | 2024-08-09T19:11:00 | null | 2 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhbm82q/ | 0 | t3_1eo0es2 | t3_1eo0es2 | false | false |
lhbm9p8 | Been looking at Global X etfs
What is the difference between HXQ and QQQX?
Other than QQQX being newer, low liquidity, is it basically the same product from the same company?
Some of their ETFs like HXS uses a swap and has TER so is the total fee MER+TER for total expenses? | 1 | SKTIF | 2024-08-09T19:11:15 | null | 1 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhbm9p8/ | 0 | t3_1envub7 | t3_1envub7 | false | false |
lhbmpdp | You can absolutely time the market. You just can't time it perfectly (Guess what? you don't need to). I'm going to have to trade mark that if someone else hasn't said it yet. Does that mean I have to write a book first? Lol. | 3 | IMWTK1 | 2024-08-09T19:13:37 | null | 3 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhbmpdp/ | 2 | t3_1envub7 | t1_lhagcmr | false | false |
lhbpk6m | I sold that turkey at $18.50 or so (way back when I had a cost of $19 and change.) I saw the writing on the wall and got out long before it completely tanked. Even though I took a loss, I still rank that as one of my better investment decisions. I had previously learned the hard way about riding a loser all the way down with Crescent Point. | 4 | ImperialPotentate | 2024-08-09T19:29:01 | null | 2 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhbpk6m/ | 1 | t3_1envub7 | t1_lhbbqsg | false | false |
lhbpv6e | Most of these weed companies are stealing investor's funds. They pay their board members more in salary than they make and the investor loses. | 9 | 95Mechanic | 2024-08-09T19:30:41 | null | 8 | /r/CanadianInvestor/comments/1enxgni/canopy_growth_reports_first_quarter_fiscal_year/lhbpv6e/ | 0 | t3_1enxgni | t3_1enxgni | false | false |
lhbqu98 | Looks OK. Thanks. | 1 | Bott | 2024-08-09T19:35:58 | null | 1 | /r/CanadianInvestor/comments/1eo61vm/qtrade_promotion/lhbqu98/ | 2 | t3_1eo61vm | t1_lhbgbcz | false | false |
lhbspi4 | You will never buy a house? | -1 | MechanicalCookie25 | 2024-08-09T19:46:01 | null | -2 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhbspi4/ | 0 | t3_1eo8z26 | t3_1eo8z26 | false | false |
lhbtog4 | I would say that XEQT is more diversified than the SP500, but you already know that.
That being said, when there is a big correction, switching to a more volatile and still pretty strong ETF might gives you more potential gains when things get better.
But I wouldn't advise that. There are many reason to choose a broad, diversified ETF over the US index. | 37 | Ghune | 2024-08-09T19:51:15 | null | 35 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhbtog4/ | 0 | t3_1eo8z26 | t3_1eo8z26 | false | false |
lhbtsmj | Thank you. | 1 | Imbo11 | 2024-08-09T19:51:52 | null | 1 | /r/CanadianInvestor/comments/1eo3ec7/rbc_direct_investement_type_f_investment_savings/lhbtsmj/ | 1 | t3_1eo3ec7 | t1_lhbgw9o | false | false |
lhbubuj | That still means you have 40% of your cost basis left to sell and move into a much better investment. | 4 | Bridgeburner493 | 2024-08-09T19:54:41 | null | 3 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhbubuj/ | 1 | t3_1eo0es2 | t1_lha7z3c | false | false |
lhbupf2 | I think that this decision to not buy is going to likely change. You buy a house to hedge your shelter costs. Rent will go up forever. But mortgage payments over time actually decrease in proportion to real wages.
I think it's a foolish decision to rent forever. People do that because they have to, not because they want to. | 27 | TheLastRulerofMerv | 2024-08-09T19:56:41 | null | 26 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhbupf2/ | 0 | t3_1eo8z26 | t3_1eo8z26 | false | false |
lhbvj0c | Thumbnail makes it look like “nopy grow” and I really can’t argue. | 3 | space_boobs | 2024-08-09T20:01:02 | null | 3 | /r/CanadianInvestor/comments/1enxgni/canopy_growth_reports_first_quarter_fiscal_year/lhbvj0c/ | 0 | t3_1enxgni | t3_1enxgni | false | false |
lhbw2z2 | ZSP If you have a BMO account or are a shareholder. Vfv and xus are virtually identical, I would pick vfv if I hold more BlackRock products, or xus if I had more vanguard products. Alone I would pick vfv as I believe them to be "more fiduciary" than BlackRock
XEQT is a better investment alone for a core portfolio though. If you wanted to be tax efficient, you could hold voo in rrsp instead and change portfolio allocation percentages accordingly | 1 | DeSquare | 2024-08-09T20:04:00 | null | 1 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhbw2z2/ | 0 | t3_1eo8z26 | t3_1eo8z26 | false | false |
lhbw600 | Such a critical part of the analysis that gets missed so much | 7 | magrittestreachery | 2024-08-09T20:04:27 | null | 7 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhbw600/ | 1 | t3_1eo8z26 | t1_lhbupf2 | false | false |
lhbw9kx | I wonder if the market will stabilize next week, lots of up and downs this week. | 7 | Larkalis | 2024-08-09T20:04:59 | null | 5 | /r/CanadianInvestor/comments/1eo9ej0/weekend_discussion_thread_for_the_weekend_of/lhbw9kx/ | 0 | t3_1eo9ej0 | t3_1eo9ej0 | false | false |
lhbwra1 | Finance is like a chess game. The best moves now are those that anticipate the game 3 moves ahead. I think most financial mistakes get caught up with reacting to moves that happen now instead of planning for a game 3 steps ahead. | 6 | TheLastRulerofMerv | 2024-08-09T20:07:38 | null | 6 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhbwra1/ | 2 | t3_1eo8z26 | t1_lhbw600 | false | false |
lhbwsfm | Just looked at their recent financials, backorders are way down. It's too bad, growth rate in sales were really good back in the day. I thought it had potential. | 3 | Interesting_Screen99 | 2024-08-09T20:07:48 | null | 3 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhbwsfm/ | 4 | t3_1envub7 | t1_lhbi1ug | false | false |
lhbxmb4 | Ngl I was hopeful and bought some without doing any research but it really turned out to be trash.The numbers were promising before but the management is dogs. Dumped it and I'm never buying it again. Parking money here is a waste of time and capital. | 1 | Saten_level0 | 2024-08-09T20:12:15 | null | 1 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhbxmb4/ | 0 | t3_1eo0es2 | t3_1eo0es2 | false | false |
lhby35e | Our TFSA is well diversified globally,
Just the FHSA account, after 15years planning to transfer it to RRSP and will replace it with USD. Our account basically has mixed with different products. | 2 | Misternovice-here | 2024-08-09T20:14:48 | null | 1 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhby35e/ | 1 | t3_1eo8z26 | t1_lhbw2z2 | false | false |
lhbyhlt | If your Canadian dollar balance is higher than the US dollar amount owing (converted to CDN dollars) as is the case illustrated above, BMOIL will just do an automatic FX transaction to clear the negative balance on the settlement date. No interest will be charged in this case.
Also, unless things have changed recently, small amounts owing are not charged interest unless the amount of interest is calculated to be more the $5 for the month. | 6 | EarlyRetiree2019 | 2024-08-09T20:16:57 | null | 5 | /r/CanadianInvestor/comments/1eo6066/bmo_investorline_negative_usd_balance/lhbyhlt/ | 0 | t3_1eo6066 | t3_1eo6066 | false | false |
lhbyiod | It's earnings season. The next week should be red but not by much. | -1 | Saten_level0 | 2024-08-09T20:17:07 | null | -2 | /r/CanadianInvestor/comments/1eo9ej0/weekend_discussion_thread_for_the_weekend_of/lhbyiod/ | 1 | t3_1eo9ej0 | t1_lhbw9kx | false | false |
lhbyxw7 | why are you guys not cutting your losses? | 1 | DesignPrime | 2024-08-09T20:19:23 | null | 1 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhbyxw7/ | 1 | t3_1eo0es2 | t1_lha7z3c | false | false |
lhbz5oj | Better to buy a quality business at an average price than a bad business at a great price. | 15 | DesignPrime | 2024-08-09T20:20:33 | null | 14 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhbz5oj/ | 1 | t3_1eo0es2 | t1_lhb83f0 | false | false |
lhbzaey | Don't want a $30k capital loss. | 7 | Easy7777 | 2024-08-09T20:21:15 | null | 7 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhbzaey/ | 2 | t3_1eo0es2 | t1_lhbyxw7 | false | false |
lhbzmge | We came oh so close to reaching last week's low on the SPX. Nice recovery on the week. | 6 | IMWTK1 | 2024-08-09T20:23:02 | null | 6 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhbzmge/ | 0 | t3_1envub7 | t3_1envub7 | false | false |
lhbzqmo | Sounds like life. | 5 | magrittestreachery | 2024-08-09T20:23:40 | null | 4 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhbzqmo/ | 3 | t3_1eo8z26 | t1_lhbwra1 | false | false |
lhbzxot | Very much like life. But perhaps a degree more predictable, depending on the persons life of course. | 5 | TheLastRulerofMerv | 2024-08-09T20:24:43 | null | 4 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhbzxot/ | 4 | t3_1eo8z26 | t1_lhbzqmo | false | false |
lhc0jhq | Smart moves, wait for a nice clean 50K. Means you've can get some sweet tax free gains in a bit! | 11 | MonkeyInToilet | 2024-08-09T20:27:59 | null | 10 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhc0jhq/ | 3 | t3_1eo0es2 | t1_lhbzaey | false | false |
lhc0vsl | At this point yeah, maybe you should keep holding... lol I woulda of cut my position ages ago. | -1 | DesignPrime | 2024-08-09T20:29:51 | null | -2 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhc0vsl/ | 3 | t3_1eo0es2 | t1_lhbzaey | false | false |
lhc10al | Mortgages are not free. In any major city in Canada it will costs several hundred thousands of dollars to obtain one. It's called opportunity costs.
Anyone that chooses to rent over buying means they have the down payment for a mortgage. The 20% down payment on the average Canadian house price is near a million in a two decades by matching the historical performance of the S&P 500. That's the hedge to shelter costs in retirement if someone actually has the means to buy and chooses to rent instead
>I think it's a foolish decision to rent forever. People do that because they have to, not because they want to.
This obviously doesn't pertain to the OP. Most people who rent forever don't have a million+ in retirement because they never had the choice to invest the down payment instead. | 19 | DepartmentGlad2564 | 2024-08-09T20:30:32 | null | 17 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhc10al/ | 1 | t3_1eo8z26 | t1_lhbupf2 | false | false |
lhc14x3 | Cool thanks man | 5 | Easy7777 | 2024-08-09T20:31:13 | null | 4 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhc14x3/ | 4 | t3_1eo0es2 | t1_lhc0vsl | false | false |
lhc1amw | I see, you're thinking of it more as a trader.
I work at Stantec and about 45% of my RRSP is in the stock (and max out the stock matching)... so I was wondering if there were any fundamentals that had you concerned! I know my colleagues who kept investing from 2015-2019 when the stock was trading sideways are very happy now!
Admittedly, I'm newish to the investing world and don't have much knowledge in assessing companies... currently Stantec is the only stock I own, the rest are in indexes. | 1 | Public_Key_3569 | 2024-08-09T20:32:06 | null | 1 | /r/CanadianInvestor/comments/1en20ui/daily_discussion_thread_for_august_08_2024/lhc1amw/ | 3 | t3_1en20ui | t1_lh5whqt | false | false |
lhc1xz6 | I don't understand the logic of investing in XEQT when you wanted to buy a house. In general you shouldn't be invested in equities if the FHSA was going to be used as part of your down payment.
You are taking uncompensated risk by switching from XEQT to an S&P 500 ETF. S&P 500 is not higher risk/higher reward, it's just more concentrated which will result in more volatility. That volatility could also result in under performance in comparison to XEQT. | 15 | DepartmentGlad2564 | 2024-08-09T20:35:34 | null | 14 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhc1xz6/ | 0 | t3_1eo8z26 | t3_1eo8z26 | false | false |
lhc22ex | Wait, why? Isn't pay less tax right now enough incentive to drop this dog? | -1 | sudonim87 | 2024-08-09T20:36:14 | null | -1 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhc22ex/ | 3 | t3_1eo0es2 | t1_lhbzaey | false | false |
lhc23bc | Trolling? | 1 | vladedivac12 | 2024-08-09T20:36:22 | null | 1 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhc23bc/ | 2 | t3_1envub7 | t1_lhaugof | false | false |
lhc2tkt | You don't need to pay back your rrsp with cibc. You can open a rrsp with Wealthsimple and pay back with them. | 2 | MyFishisBetter | 2024-08-09T20:40:19 | null | 2 | /r/CanadianInvestor/comments/1eo4h4n/best_account_set_up_for_life/lhc2tkt/ | 0 | t3_1eo4h4n | t3_1eo4h4n | false | false |
lhc31ry | Okay great info to know. I will consider that! Thanks. | 2 | RadiatedSSN8 | 2024-08-09T20:41:32 | null | 2 | /r/CanadianInvestor/comments/1eo4h4n/best_account_set_up_for_life/lhc31ry/ | 1 | t3_1eo4h4n | t1_lhc2tkt | false | false |
lhc35ds | When you use free services with fraction buys like Wealthsimple, it's not an issue. Older platforms have catching up to do. | 1 | vladedivac12 | 2024-08-09T20:42:05 | null | 1 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhc35ds/ | 2 | t3_1envub7 | t1_lha1sil | false | false |
lhc57yq | What exactly was the ”writing on the wall” you saw? I got burned by the 50% drop, mainly because I believed the tales being told by management at the time. | 1 | Murciless | 2024-08-09T20:52:33 | null | 1 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhc57yq/ | 2 | t3_1envub7 | t1_lhbpk6m | false | false |
lhc5vz9 | I am living in Canada.
Need Advice on Investing $60k – Seeking Guidance!
I recently came into $60,000 and I'm looking for some advice on how to invest it wisely. I'm relatively new to investing and would appreciate any guidance or suggestions you can offer. Here are a few details about my situation:
Risk Tolerance: Moderate – I'm open to some risk but would like to avoid anything too volatile.
Investment Horizon: Long-term – I'm planning to invest this money for at least 5-10 years.
Financial Goals: Grow my wealth over time, potentially for retirement or to buy a house in the future.
* What types of investments should I consider?
* Any specific stocks, ETFs, or mutual funds you recommend?
Thank you in advance for your help! I'm looking forward to hearing your suggestions and learning from this community. | -4 | Environmental_Dog789 | 2024-08-09T20:56:10 | null | -5 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhc5vz9/ | 0 | t3_1envub7 | t3_1envub7 | false | false |
lhc74ve | When we opened our FHSAs, we had a discussion about our plans, and my wife was undecided about not buying a house within the next 5 years. That’s why we initially decided to invest in XEQT.
I know that past performance doesn’t guarantee future returns, but we’re considering the S&P 500 here. Do you think a mix of ETFs could potentially outperform the benchmark? We’re both comfortable with volatility, and our TFSAs are already well-diversified geographically, although not all in one ETF. | 6 | Misternovice-here | 2024-08-09T21:03:09 | null | 4 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhc74ve/ | 1 | t3_1eo8z26 | t1_lhc1xz6 | false | false |
lhc78km | Thanks for the insight 👍 | 1 | Misternovice-here | 2024-08-09T21:03:44 | null | 1 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhc78km/ | 1 | t3_1eo8z26 | t1_lhbtog4 | false | false |
lhc82z7 | [deleted] | -1 | None | 2024-08-09T21:08:30 | null | -1 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhc82z7/ | 2 | t3_1eo8z26 | t1_lhby35e | false | false |
lhc93h4 | Awesome! Thanks for the insight. For my FHSA already max 2 years. Wifey maxed out year one. Will keep this in mind | 2 | Misternovice-here | 2024-08-09T21:14:09 | null | 2 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhc93h4/ | 3 | t3_1eo8z26 | t1_lhc82z7 | false | false |
lhc9n37 | Ill assume there is a tax advantage. | -1 | notagimmickaccount | 2024-08-09T21:17:13 | null | -1 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhc9n37/ | 1 | t3_1envub7 | t1_lhbbmvc | false | false |
lhc9q1p | Agreed but I am wondering whether this business can become a good business or not… there have been turnarounds where good returns were made. I am usually not purely index type investor so I do look out for opportunities where I can take greater than avg risk to get greater than avg return. | 4 | CuriousExplorerX | 2024-08-09T21:17:40 | null | 4 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhc9q1p/ | 2 | t3_1eo0es2 | t1_lhbz5oj | false | false |
lhca2n8 | They were essentially paying bots to plaster their name everywhere (especially here). | 13 | HowsYourSexLifeMarc | 2024-08-09T21:19:38 | null | 12 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhca2n8/ | 3 | t3_1eo0es2 | t1_lhb0ofb | false | false |
lhcagdg | I am also down 40% and it sucks. I can’t believe that it is the same company that brought 54% annual gain last 10 years (including this year’s loss)! | 0 | Junior_Poem_204 | 2024-08-09T21:21:48 | null | 0 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhcagdg/ | 1 | t3_1envub7 | t1_lhabasl | false | false |
lhcb5tf | I never bought and will never buy this company for any price. Most hated stock in TSX. | 0 | Junior_Poem_204 | 2024-08-09T21:25:48 | null | 0 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhcb5tf/ | 1 | t3_1envub7 | t1_lh9wp47 | false | false |
lhcbk8l | Praying for deliverance from an interest rate cut. | 1 | cobrachickenwing | 2024-08-09T21:28:04 | null | 1 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhcbk8l/ | 1 | t3_1envub7 | t1_lh92qt8 | false | false |
lhcdqpd | Yes. Fairly comprehensive list of free to trade ETFs, certainly enough variety to build whatever indexed exposure you want.
There are no ongoing account fees either once over some minimum across all accounts in your name. | 1 | None | 2024-08-09T21:40:29 | null | 1 | /r/CanadianInvestor/comments/1eo61vm/qtrade_promotion/lhcdqpd/ | 2 | t3_1eo61vm | t1_lhbauv2 | false | false |
lhcdsbc | Wow this is insane how much they’re losing money | 1 | rbatra91 | 2024-08-09T21:40:44 | null | 1 | /r/CanadianInvestor/comments/1enxgni/canopy_growth_reports_first_quarter_fiscal_year/lhcdsbc/ | 0 | t3_1enxgni | t3_1enxgni | false | false |
lhce4h9 | Based on reading this [foreign withholding tax PDF from BlackRock Canada](https://www.blackrock.com/ca/investors/en/literature/brochure/withholding-tax-reference-guide-en-ca.pdf), I believe no withholding tax will apply. | 1 | journalctl | 2024-08-09T21:42:39 | null | 1 | /r/CanadianInvestor/comments/1eo1u0q/confirmation_that_sgov_bil_and_shv_t_bill_based/lhce4h9/ | 0 | t3_1eo1u0q | t3_1eo1u0q | false | false |
lhceb4y | Oh the direct line is interesting. What is the threshold for that? My wife’s stuff has been with them the past 4 years and very good experience. They messed up issuing a RRSP receipt for a transfer in but responded quickly when we contacted them. Their interface is very clean. I have been considering moving my accounts there, which have stayed with the brokerage side of my bank for convenience reasons only. | 1 | None | 2024-08-09T21:43:44 | null | 1 | /r/CanadianInvestor/comments/1eo61vm/qtrade_promotion/lhceb4y/ | 1 | t3_1eo61vm | t1_lhbm69r | false | false |
lhcejuf | Can confirm i’ve seen a lot of that. Literally 4 hours of complaining about having too much work, couple hours on the internet, over an hour of breaks, and then 30 mins of actual work | 0 | rbatra91 | 2024-08-09T21:45:06 | null | 0 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhcejuf/ | 3 | t3_1envub7 | t1_lh9t0kp | false | false |
lhceswr | Not at all, I’m still green on AQN right now. Nice dip to buy | 5 | Yolo_Swaggins_Yeet | 2024-08-09T21:46:33 | null | 5 | /r/CanadianInvestor/comments/1envub7/daily_discussion_thread_for_august_09_2024/lhceswr/ | 3 | t3_1envub7 | t1_lhc23bc | false | false |
lhcgexi | I think the negative sentiment is mostly from people who have been burned by the stock. With that being said, the market is not responding positively to these announcements. The company has bolstered their cash with this sale and previous asset sale but they will still have significant debt on the books and have stated they aren't going to be investing into new capital projects. This combined means that they likely won't be growing their earnings and have just cut the dividend.
The bull case would be a long term hold with the belief that in several years the company will be in a better position financially and be able to allocate capital more effectively. This combined with potential lower interest rates and the continued demand growth for electricity could mean this stock could return positive value.
It's easy in hindsight to jump on the bandwagon and kick the stock while it's down. Still lots of risk with this company but they are implementing their plan and time will tell. | 9 | KeeferVaille | 2024-08-09T21:55:50 | null | 8 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhcgexi/ | 1 | t3_1eo0es2 | t1_lhb83f0 | false | false |
lhcgr14 | I’m convinced that the only way to make money in the Canabis industry is through software.
There’s zero money in physical sales, hell I got 3 plants going. Not saying there’s correlation but when a company isn’t investing in the right places, it’s a recipe for guarantee failure.
Remember when people thought this stock would be Canada’s retirement stock? Jokes.
The second Bruce Linton touched this, it was destined to fail. Yet, dumb dumbs keep backing in that guy. | 2 | amiiwav | 2024-08-09T21:57:47 | null | 2 | /r/CanadianInvestor/comments/1enxgni/canopy_growth_reports_first_quarter_fiscal_year/lhcgr14/ | 0 | t3_1enxgni | t3_1enxgni | false | false |
lhch0dr | No the sub is right about AQN this time^trust^^me^^^bro | 3 | ragnaroksunset | 2024-08-09T21:59:20 | null | 3 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhch0dr/ | 1 | t3_1eo0es2 | t1_lhb83f0 | false | false |
lhcha3t | Mortgage builds equity while rent doesn’t
The equity tied up in housing doesn’t disappear overnight due to market crashes or corrections, and worst case scenario you still have a place to sleep in even if your house depreciates to $0.
Can’t say the same for your portfolio. | -4 | 92925 | 2024-08-09T22:00:56 | null | -5 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhcha3t/ | 2 | t3_1eo8z26 | t1_lhc10al | false | false |
lhchh7k | I don’t think you really understand investing too well. Not to be mean.
For most people with a five year time horizon XEQT or an sp500 etf, or any all equities strategy, wouldn’t be advisable. And now changing it from XEQT to and SP500 etf because your time horizon changed from 5 yrs to 15 yrs doesn’t make sense either.
You shouldn’t be trying to “outperform the benchmark”. I am not sure what benchmark you are talking about, but you are buying global etfs to capture the whole market. Which could be your benchmark yes.
You want to maximize your long term returns correct? Just buy XEQT in all your accounts simple as that. If you need money in the short term, then invest in much more stable things. Bonds, GIC, HYSI, etc.
In terms of renting, do not listen to most people on here. It’s a Canadian special to think that the only way you will be happy is if you buy a house. And buying will always come out on top financially. Like all things. It comes down to the details/specifics and the math. | 28 | TrancheMonster | 2024-08-09T22:02:06 | null | 28 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhchh7k/ | 2 | t3_1eo8z26 | t1_lhc74ve | false | false |
lhchu14 | > Mortgage builds equity while rent doesn’t
You didn't read my comment correctly. How does one obtain a mortgage? Do you just go to the bank and say "mortgage builds equity while rent doesn’t" and they just give you one? | 2 | DepartmentGlad2564 | 2024-08-09T22:04:13 | null | 2 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhchu14/ | 3 | t3_1eo8z26 | t1_lhcha3t | false | false |
lhciua9 | Which benchmark are you referring to? Why even try to out perform a benchmark in the first place? It will be much more productive for you to increase your savings rate and match the global market returns with Canadian bias aka XEQT.
>We’re both comfortable with volatility
There's no reason to add more if you are already in a 100% stock portfolio. More volatility doesn't necessarily mean higher gains.
>and our TFSAs are already well-diversified geographically
There is no reason to change this with the FHSA if it's not going to be used for a down payment | 1 | DepartmentGlad2564 | 2024-08-09T22:10:09 | null | 1 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhciua9/ | 2 | t3_1eo8z26 | t1_lhc74ve | false | false |
lhckheh | Thanks for the insights! | 3 | Misternovice-here | 2024-08-09T22:19:56 | null | 3 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhckheh/ | 3 | t3_1eo8z26 | t1_lhciua9 | false | false |
lhcklqe | Same here. Reddit, this sub particularly, had some members shilling some terrible picks including this one and XBC (now delisted). Lesson learned. | 30 | Neospoon | 2024-08-09T22:20:38 | null | 28 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhcklqe/ | 2 | t3_1eo0es2 | t1_lhaz8k3 | false | false |
lhco976 | Likewise | 0 | totaltasch | 2024-08-09T22:42:39 | null | 0 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhco976/ | 2 | t3_1eo0es2 | t1_lhbca8g | false | false |
lhcpxha | No, you didn’t read my comment correctly, and I don’t understand what the point is in your response.
Who gets a mortgage like that?
Home ownership builds equity over time. It’s a forced saving per se, your investment is tied to your home, which has value as long as you live in it. Even if your house becomes $0 worst case scenario, you can still live in it, which provides value.
Your investment in S&P, if it disappears in the worst case scenario, is never coming back and you won’t have anything to show for it.
Rent or own it’s your personal choice but to say renting is better than ownership is wrong.
Also to assume you can rent forever is shortsighted. You’re young now, you have income, you’re able bodied, so it’s easy for you to move, but when you’re old it’ll get harder and harder to find places to rent if you ever get kicked out. There is already age discrimination regarding rentals in other developed nations, it’s foolish to assume they won’t apply in Canada given our housing crisis | 0 | 92925 | 2024-08-09T22:52:48 | null | 0 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhcpxha/ | 4 | t3_1eo8z26 | t1_lhchu14 | false | false |
lhcqai6 | People too blind to notice their own house fever. The book the wealthy renter compares house buying to a cult, so yeah, good luck trying to change people's mind on that topic. Better grab the popcorn and try not cringe too hard when people put themselves in financial stress for joining the club. | 8 | Alpha_wheel | 2024-08-09T22:54:59 | null | 7 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhcqai6/ | 2 | t3_1eo8z26 | t1_lhc10al | false | false |
lhcqf45 | You can also draw from the appraised value of the home to invest, and have the interest on the HELOC tax deductible. | 5 | TheLastRulerofMerv | 2024-08-09T22:55:45 | null | 4 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhcqf45/ | 5 | t3_1eo8z26 | t1_lhcpxha | false | false |
lhcqs9r | XEQT is perfectly fine, good global diversification. You can keep investing in the FHSA for 15 years taking that 8k tax deduction, and then roll it into the rrsp. It's really just additional rrsp room, which is also how I use it and love it! I hold the same on my Fhsa than my RRSP | 2 | Alpha_wheel | 2024-08-09T22:57:59 | null | 1 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhcqs9r/ | 0 | t3_1eo8z26 | t3_1eo8z26 | false | false |
lhcqsfu | Exactly. | 2 | 92925 | 2024-08-09T22:58:01 | null | 2 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhcqsfu/ | 6 | t3_1eo8z26 | t1_lhcqf45 | false | false |
lhcrugw | Don’t worry. Interest for such a short time is minimal. If the month’s interest is under $5 they’ll waive it.
https://www.bmoinvestorline.com/General_Info/InterestRates_EN.pdf | 1 | defnotjackiec | 2024-08-09T23:04:28 | null | 1 | /r/CanadianInvestor/comments/1eo6066/bmo_investorline_negative_usd_balance/lhcrugw/ | 0 | t3_1eo6066 | t3_1eo6066 | false | false |
lhcs86c | I've also been using them for the past 3 years because my company does RRSP with them. Very happy with the customer service I have been receiving. As an ETF investor myself, the fees don't really affect me and my portfolio with QTrade is not as large as the one I have with WealthSimple. | 3 | QShyAbby | 2024-08-09T23:06:48 | null | 3 | /r/CanadianInvestor/comments/1eo61vm/qtrade_promotion/lhcs86c/ | 1 | t3_1eo61vm | t1_lhbi5ar | false | false |
lhcsc0g | A few retail pubcos now have positive earnings (High Tide), but it's still pretty meagre. And to your point, I think High Tide's profit is driven by tech to a large degree, as their business line with the best margins (by a mile) are from selling sales data to the LPs. | 2 | NoShow1492 | 2024-08-09T23:07:27 | null | 2 | /r/CanadianInvestor/comments/1enxgni/canopy_growth_reports_first_quarter_fiscal_year/lhcsc0g/ | 1 | t3_1enxgni | t1_lhcgr14 | false | false |
lhcsvha | It's called interest not dividends | 18 | used-quartercask | 2024-08-09T23:10:49 | null | 17 | /r/CanadianInvestor/comments/1eodawd/cashto_equivalent/lhcsvha/ | 0 | t3_1eodawd | t3_1eodawd | false | false |
lhctov8 | Found this thread. Might help. https://www.reddit.com/r/eupersonalfinance/comments/10ojjni/high_interest_savings_accounts_in_europe/ | -2 | defnotjackiec | 2024-08-09T23:15:52 | null | -2 | /r/CanadianInvestor/comments/1eodawd/cashto_equivalent/lhctov8/ | 0 | t3_1eodawd | t3_1eodawd | false | false |
lhcuwqt | You can buy a small house and drop 5%.You don’t need to drop 20% | 4 | daxlin | 2024-08-09T23:23:20 | null | 4 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhcuwqt/ | 2 | t3_1eo8z26 | t1_lhc10al | false | false |
lhcvntj | Wait, why?
You think he’s got 30k capital gains lying around? | 3 | Powerful-Cancel-5148 | 2024-08-09T23:27:52 | null | 3 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhcvntj/ | 4 | t3_1eo0es2 | t1_lhc22ex | false | false |
lhcx560 | Ya that's what happens when you focus too much on dividends and completely miss the bigger picture which was their free cash flow going negative in 2020 and 2021 | 9 | Spl00ky | 2024-08-09T23:36:57 | null | 8 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhcx560/ | 1 | t3_1eo0es2 | t1_lhb4ro8 | false | false |
lhd3mxq | That’s good to know, thanks foe the info. Gonna investigate a bit and see.
That’s great to hear though — funny enough, but the data isn’t the most valuable piece, so if there’s a competitive price to getting access to the pipe, the moneys in social media wrapped around the concept of weed; pre and post mood, activity performed, thoughts, etc. | 1 | amiiwav | 2024-08-10T00:17:54 | null | 1 | /r/CanadianInvestor/comments/1enxgni/canopy_growth_reports_first_quarter_fiscal_year/lhd3mxq/ | 2 | t3_1enxgni | t1_lhcsc0g | false | false |
lhd4dr1 | this blog sums it up https://awealthofcommonsense.com/2023/05/the-case-for-international-diversification/ | 6 | Herbz-QC | 2024-08-10T00:22:44 | null | 5 | /r/CanadianInvestor/comments/1eo8z26/xeqt_to_sp500/lhd4dr1/ | 0 | t3_1eo8z26 | t3_1eo8z26 | false | false |
lhd610u | [deleted] | -1 | None | 2024-08-10T00:33:34 | null | -1 | /r/CanadianInvestor/comments/1eodawd/cashto_equivalent/lhd610u/ | 1 | t3_1eodawd | t1_lhcsvha | false | false |
lhd9f3i | cash.to does not pay dividends, but the fund does have monthly distributions. | 2 | ed77 | 2024-08-10T00:55:42 | null | 0 | /r/CanadianInvestor/comments/1eodawd/cashto_equivalent/lhd9f3i/ | 2 | t3_1eodawd | t1_lhd610u | false | false |
lhd9naj | Bought at 9, still just as pissed. Left holding the bag too. | 1 | Background-Teach5765 | 2024-08-10T00:57:12 | null | 1 | /r/CanadianInvestor/comments/1eo0es2/algonquin_power_utilities_reports_q2_earnings/lhd9naj/ | 1 | t3_1eo0es2 | t1_lha0uzy | false | false |
lhdapi6 | Thanks for clarifying | 0 | Separate-Analysis194 | 2024-08-10T01:04:20 | null | 0 | /r/CanadianInvestor/comments/1eodawd/cashto_equivalent/lhdapi6/ | 3 | t3_1eodawd | t1_lhd9f3i | false | false |
lhdbu1e | the distinction is important for taxes | 0 | ed77 | 2024-08-10T01:11:57 | null | 0 | /r/CanadianInvestor/comments/1eodawd/cashto_equivalent/lhdbu1e/ | 4 | t3_1eodawd | t1_lhdapi6 | false | false |
lhdc25m | That's great to hear, maybe that's also why I've been getting those random automated conversions. Thank you! | 1 | the-vanK | 2024-08-10T01:13:29 | null | 1 | /r/CanadianInvestor/comments/1eo6066/bmo_investorline_negative_usd_balance/lhdc25m/ | 1 | t3_1eo6066 | t1_lhbyhlt | false | false |
lhdc8n4 | Thanks! | 1 | the-vanK | 2024-08-10T01:14:41 | null | 1 | /r/CanadianInvestor/comments/1eo6066/bmo_investorline_negative_usd_balance/lhdc8n4/ | 1 | t3_1eo6066 | t1_lhcrugw | false | false |
lhdcgqx | I guess I'll stick with buying in USD then haha. Thank you! | 1 | the-vanK | 2024-08-10T01:16:12 | null | 1 | /r/CanadianInvestor/comments/1eo6066/bmo_investorline_negative_usd_balance/lhdcgqx/ | 1 | t3_1eo6066 | t1_lhbl6yw | false | false |