Search found 1532 matches

by pmj
14 Feb 2018 07:47
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 76
Views: 2526

Re: Important change to the Amazon.ca Rewards Visa Card program

Used the Amazon card twice yesterday at different U.S. gas stations. For the first time ever the pump didn't ask for a ZIP code or even a PIN. Just pumped and drove off. This is slightly off topic, but we have discussed this issue with Canadian cards at U.S. gas stations before. 2 yen My experience...
by pmj
11 Feb 2018 16:09
Forum: Financial Planning and Building Portfolios
Topic: Portfolio Advice for Elderly Relative (Early 90s)
Replies: 29
Views: 1048

Re: Portfolio Advice for Elderly Relative (Early 90s)

I suspect that the rules on death vary from FI to FI. Here are two examples where no fee would be charged on "early" redemption: http://www.scotiabank.com/ca/common/pdf/investments/Scotiabank_Non-Registered_TFSA_RESP_and_RDSP_Guaranteed_Investment_Certificates_terms.pdf?v2 https://www.meridiancu.ca/...
by pmj
08 Feb 2018 12:53
Forum: Taxing Situations
Topic: Withdrew fund (principle) from non-RSP -question on T5008
Replies: 7
Views: 258

Re: Withdrew fund (principle) from non-RSP -question on T5008

If you find yourself having trouble choosing between principal and principle , think about the context. Use principal in reference to a person who is in leadership or to describe the importance of something; use principle to refer to a standard, rule, or guiding belief. One popular mnemonic device ...
by pmj
08 Feb 2018 12:49
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Market 2018
Replies: 84
Views: 3475

Re: Housing Market 2018

The Financial Times published a long article on the state of Canada's housing marking. It loses a certain amount of cred with this in the 2nd para: The two-bed condominium she bought for C$259,000 in 2015 was revalued last year at C$490,000 ($391,000), meaning higher annual property taxes to pay an...
by pmj
02 Feb 2018 10:13
Forum: Taxing Situations
Topic: Helping friends switch from mutual funds to ETFs
Replies: 24
Views: 624

Re: Helping friends switch from mutual funds to ETFs

I moved my DSC MFs to Questrade where the "Mutual Fund Maximizer" program reimburses the trailer fees. Typically they're in the 1% range, but there is considerable variation. There is a $29.95 monthly fee. http://www.questrade.com/trading/services/mutual_fund_maximizer I then take advantage of Quest...
by pmj
28 Jan 2018 19:42
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: US stocks in a TFSA
Replies: 11
Views: 532

Re: US stocks in a TFSA

Depends on which broker your account is at.
by pmj
28 Jan 2018 19:38
Forum: Taxing Situations
Topic: What is considered Private Health Insurance Plans?
Replies: 7
Views: 235

Re: What is considered Private Health Insurance Plans?

Also include the medical component of travel insurance policies.
by pmj
27 Jan 2018 09:08
Forum: Financial Planning and Building Portfolios
Topic: Norbert's gambit - Can$ to US$ or vice versa
Replies: 1238
Views: 172456

Re: Norbert's gambit - Can$ to US$ or vice versa

I've previously suggested using a dual-listed stock that one already owns.
Journal it in advance, then there are no steps that require calling TDDI during the gambit. The exchange rate would still be crystallized at the time of the gambit.
by pmj
24 Jan 2018 11:12
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 76
Views: 2526

Re: Important change to the Amazon.ca Rewards Visa Card program

For purchases in another currency, Rogers and Fido both give 1.6% net cashback. But no break on cash withdrawals in another currency - that's the real loss with Amazon leaving. $29 fee at Rogers, no fee at Fido. Fee at Rogers waived if you autopay a Rogers/Fido account. In Canada, 1.75% cashback at...
by pmj
16 Jan 2018 22:26
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TDDI - New WebBroker interface
Replies: 181
Views: 11290

Re: TDDI - New WebBroker interface

Waited about 10 min this evening to make a transfer from RRSP to TFSA. Better than I expected. Very good rep on the other end.
by pmj
16 Jan 2018 22:22
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Nutrien Ltd. (TSX and NYSE: NTR)
Replies: 11
Views: 822

Re: Nutrien Ltd. (TSX and NYSE: NTR)

Can't speak directly to this Q, but we hold two dual-listed stocks at TDDI that declare dividends in US$, and despite that the stock websites state that one can request dividends be paid directly in C$, TDDI doesn't do that - so if these stocks were held in the Canadian account, the US$ dividends wo...
by pmj
16 Jan 2018 22:13
Forum: Financial Planning and Building Portfolios
Topic: How Did You Do in 2017?
Replies: 111
Views: 4136

Re: How Did You Do in 2017?

A friend had a "full-service" account at CIBC Wood Gundy ... where the account returns were compared to the TSX price index ... not the total return index :shock:. On that basis, the returns were pretty close to the benchmark :?.
by pmj
14 Jan 2018 18:49
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 76
Views: 2526

Re: Important change to the Amazon.ca Rewards Visa Card program

Home Trust VISA ATM fees are kinda high: http://www.hometrust.ca/documents/PreferredDisclosureStatement1999.pdf 1% (Minimum fee of $2.50 and Maximum fee of $10.00) from an ATM displaying the Visa or Plus logo located in Canada; 1.50% (Minimum fee of $4.50 and Maximum fee of $45.00) if the ATM is loc...
by pmj
14 Jan 2018 08:36
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 76
Views: 2526

Re: Important change to the Amazon.ca Rewards Visa Card program

How do you even redeem your points for a statement credit? I don't use the card very often and have just over 1300 points. I think I might as well just get the credit and close it myself. Any reason to wait? Statement credits are automatic at 2000 points = $20 credit. No manual redemptions. I suspe...
by pmj
13 Jan 2018 09:47
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 76
Views: 2526

Re: Important change to the Amazon.ca Rewards Visa Card program

For purchases in another currency, Rogers and Fido both give 1.6% net cashback. But no break on cash withdrawals in another currency - that's the real loss with Amazon leaving. $29 fee at Rogers, no fee at Fido. Fee at Rogers waived if you autopay a Rogers/Fido account. In Canada, 1.75% cashback at ...
by pmj
12 Jan 2018 11:11
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 1956
Views: 171426

Re: TD Direct Investing (was Waterhouse) Service

YMMV. We make a transfer / contribution in kind / whatever from RRSP to TFSA each year. Except for DRIPs, it's about the only action we have to call TDDI for. It's a real pain, especially since it's DW's account, so I can't do it myself.
by pmj
12 Jan 2018 09:31
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 1956
Views: 171426

Re: TD Direct Investing (was Waterhouse) Service

What TDDI doesn't say in ?any? of the "Contribute in kind" promo material is that you can't transfer from a RRSP (and probably a RRIF, but not confirmed cos we don't have any). This is probably cos someone has to check if there is cash available to pay the taxes, and transfer the taxes to CRA ... bu...
by pmj
10 Jan 2018 09:46
Forum: Under the Mattress: Protecting Your Money
Topic: Loblaw Card Program
Replies: 14
Views: 622

Re: Loblaw Card Program

I'm not even too keen on birthdate. Slightly bogus one might do. I entered a bogus birth date. I couldn't see any reason why they would require my birthday. They need to verify that you're 18 years of age or older. I doubt that Loblaws will actually _check_ one's date of birth - so an "I'm 18 or ov...
by pmj
08 Jan 2018 12:42
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Core ETFs
Replies: 2
Views: 170

Re: Core ETFs

HXT reinvests its dividends "internally". After allowing for about 2.5% to 3% dividends at XIC, the performance of HXT appears to exceed the performance of XIC. I own HXT.
by pmj
05 Jan 2018 12:29
Forum: Taxing Situations
Topic: RIF USD account
Replies: 10
Views: 233

Re: RIF USD account

You can avoid the need to call TDDI "now" for a gambit if, at some date in advance, you journal a dual-listed share you already own to your US$ account. On the day of the gambit, when presumably you have cash or cash-equivalent in your C$ account, you sell the dual-listed share from the US$ account,...
by pmj
03 Jan 2018 12:52
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 1956
Views: 171426

Re: TD Direct Investing (was Waterhouse) Service

Not sure about "old" - it's still on the statements ...
by pmj
27 Dec 2017 09:45
Forum: Under the Mattress: Protecting Your Money
Topic: USD credit card
Replies: 30
Views: 2385

Re: USD credit card

Anyone use a Rogers Platinum Mastercard for USD purchases? It gives 4% cash back for all foreign purchases (although it charges you 2.5% forex). Net rebate is 1.5%. The $29 annual fee is waived if you're a Rogers, Fido, or Chatr customer and enrolled in auto-pay. Seems like a good deal. Oh yeah, an...
by pmj
26 Dec 2017 15:52
Forum: Under the Mattress: Protecting Your Money
Topic: USD credit card
Replies: 30
Views: 2385

Re: USD credit card

If one can get a zero-fee zero-vig cashback C$ CC, what is the advantage in having a Canadian-domiciled US$ CC?
by pmj
25 Dec 2017 20:19
Forum: Under the Mattress: Protecting Your Money
Topic: Paying with Paypal using a USD bank account from a canadian bank to avoid conversion fees
Replies: 14
Views: 541

Re: Paying with Paypal using a USD bank account from a canadian bank to avoid conversion fees

The Q still remains - at least for most of us - how do those who use US$ CCs pay those bills from C$ assets?
by pmj
20 Dec 2017 09:09
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 1956
Views: 171426

Re: TD Direct Investing (was Waterhouse) Service

At TDDI, if you transfer a security over the phone, after hours, you can choose any price it traded at during the previous trading day. This can present some useful gaming opportunities ... Don't know how that works during trading hours - maybe you can choose any value up to that time? I'd guess tha...