Search found 2481 matches

by queerasmoi
19 Feb 2018 17:23
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2018)
Replies: 110
Views: 6176

Re: High interest rates for savings, GICs and MMFs (2018)

I'm thinking of moving my TFSA HISA money out of People's Trust. Maybe to Alterna Bank at 2.10%? I see there is no transfer out fee from PT, although Alterna has one. Back when interest rates were almost at their lowest I pulled all my XSB holdings into the People's Trust TFSA figuring it was a bett...
by queerasmoi
10 Feb 2018 12:59
Forum: Financial News, Policy and Economics
Topic: market crash Feb 2018
Replies: 70
Views: 1773

Re: market crash Feb 2018

I only really noticed because I was in the middle of a transaction. I had a quantity of money in non-registered TD eFunds (US Index, International Index). My plan was to get them converted to two US-domiciled ETFs all on one day in Questrade, and then get it into my RRSP. (Having the money already i...
by queerasmoi
28 Jan 2018 10:59
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Put Some Assets In Questrade?
Replies: 11
Views: 399

Re: Put Some Assets In Questrade?

I haven't tried buying F-Series at Questrade. Just be aware they do charge a fee ($10?) for each mutual fund trade.

I've been using Questrade for my ETFs. It's been smooth sailing ever since they ditched the Penson backend some years ago.
by queerasmoi
05 Jan 2018 21:45
Forum: Financial Planning and Building Portfolios
Topic: TFSA [Transfer in kind]
Replies: 2
Views: 301

Re: TFSA [Transfer in kind]

If you're seeking to transfer a mutual fund or ETF to TFSA and it's at a loss, best to find a different fund/ETF with a different symbol but same asset class (preferably lower-fee if possible). Sell to cash, contribute to TFSA and buy the new fund.
by queerasmoi
10 Dec 2017 17:32
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA Contribution 2018
Replies: 72
Views: 3242

Re: TFSA Contribution 2018

Unused TFSA contribution room to date + Total withdrawal made in this year + next year’s TFSA dollar limit = TFSA contribution room at the beginning of next year I just have a spreadsheet with columns for: deposits, withdrawals, new room. I calculate my limit as: All new room ever - all deposits ev...
by queerasmoi
02 Dec 2017 10:35
Forum: Taxing Situations
Topic: Average ACB across accounts
Replies: 7
Views: 265

Re: Average ACB across accounts

I currently own MAW104 Mawer Balanced Fund in my RRSP. If I buy MAW105 Mawer Tax Effective Balanced Fund in a non-registered account, would CRA require that the Adjusted Cost Base be averaged? Thanks. Two answers: 1. Unless there are special reasons why they count as the same fund, you would not av...
by queerasmoi
26 Nov 2017 16:35
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Prepayment questions
Replies: 16
Views: 647

Re: Prepayment questions

Good to know, thanks.

Maybe moderately aggressive. I would not have enough spare cash to, say, max out a 10% lump sum prepayment privilege. At least not at my current salary.
by queerasmoi
26 Nov 2017 13:03
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Prepayment questions
Replies: 16
Views: 647

Re: Prepayment questions

All useful to know, thanks. Regarding the job security, good idea. Now that I've shifted to working in IT though, my confidence in being able to find another job should this one fall through is much higher. Yeah I'm iffy about prices and such. I have enough for a decent down payment, and the parents...
by queerasmoi
25 Nov 2017 23:15
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Prepayment questions
Replies: 16
Views: 647

Prepayment questions

I'm mulling over what it might look like if I were to get a condo and have extra money to dump into the mortgage. I see most mortgage types have prepayment privileges of a X% increase in payments and a Y% annual lump sum. The way my monthly budget typically works right now, I pay rent and expenses a...
by queerasmoi
19 Oct 2017 08:19
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETF "double short" Question
Replies: 2
Views: 197

Re: ETF "double short" Question

In fact REW has already reverse-split twice, in 2011 and 2014, 1:4 each time.

Fortunately this is only supposed to be a transitory instrument of speculation and not something you buy and hold.
by queerasmoi
07 Oct 2017 17:15
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETF Intraday values
Replies: 6
Views: 270

Re: ETF Intraday values

Nonetheless given that this ETF has a recent history of trading above NAV, it does help to have some indicator of whether or not it's way off.
by queerasmoi
07 Oct 2017 14:08
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETF Intraday values
Replies: 6
Views: 270

Re: ETF Intraday values

Hmm it does occur to me that since ESGD tracks relatively close to IEFA, I may be able to use IEFA at least as a barometer of how close it is to NAV. For example at Friday Oct 6 close: IEFA 64.13 (NAV: 63.99) 0.22% premium ESGD 66.07 (NAV:65.94) 0.18% premium NAV ratio: 1.0304 Price ratio: 1.0303 In...
by queerasmoi
07 Oct 2017 13:50
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETF Intraday values
Replies: 6
Views: 270

Re: ETF Intraday values

Couldn't find it after a cursory search at TDDI. There is ^ESGD-NV at Yahoo! Finance. I suspect it wouldn't be much use for an international ETF. Too many stale quotes. If it's thinly traded, you just have to deal with a significant spread. At least with bid-ask spread I have the information in fro...
by queerasmoi
06 Oct 2017 22:06
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETF Intraday values
Replies: 6
Views: 270

ETF Intraday values

I've been thinking for a while about shifting my international allocation from IEFA to ESGD because I want my equities to be in ESG-screened funds. (right now I use XEN and SUSA (formerly KLD) for Canada and USA). However I've been holding off because ESGD has been really slow to pick up trading vol...
by queerasmoi
11 Sep 2017 00:24
Forum: Under the Mattress: Protecting Your Money
Topic: foreign exchange purchasing and sending of fx
Replies: 5
Views: 649

Re: foreign exchange purchasing and sending of fx

So I never really took a closer look at XE Money Transfer because I haven't gone on any US trips lately. But I have one coming up for work in November. With the old XE Trade, I was able to link both my CDN & US accounts to it as both sources and recipients of funds. Now it seems I'm only allowed to ...
by queerasmoi
25 Aug 2017 08:29
Forum: Retirement, Pensions and Peace of Mind
Topic: Canadian living in US with RRSPs. Has anybody transferred RRSPs to Questrade?
Replies: 5
Views: 345

Re: Canadian living in US with RRSPs. Has anybody transferred RRSPs to Questrade?

The "Vanguard of Canada" is "does not exist". We don't have a mutual fund broker, unaffiliated with a major bank, that sells you ultra-low-fee no-trailer index mutual funds. TD e-Funds are low-ish fee but not really comparable either. Vanguard itself sells ETFs in Canada through the stock exchange. ...
by queerasmoi
10 Aug 2017 23:26
Forum: Retirement, Pensions and Peace of Mind
Topic: Credit Scores for free
Replies: 64
Views: 4138

Re: Credit Scores for free

Had occasion to look up my credit score and that of a family member recently. Had never done so in the past, ever. Equifax report & score. Results were totally unrepresentative of the credit risk of the family member. I.e. garbage. Well as they say: Garbage in, garbage out. Was their credit risk ov...
by queerasmoi
03 Aug 2017 21:44
Forum: Under the Mattress: Protecting Your Money
Topic: Quicken 2017 [Caution about upgrading]
Replies: 110
Views: 18334

Re: Quicken 2017 [Caution about upgrading]

Wow. Well, we're still stuck with the crappy new terms of a higher price for less years of service, but it's better than nothing. If anything it at least reassures us that upgrading from Q2016 to Q2018 won't send us into a ditch if we stop paying the next year. I suspect in that case, I'll end up co...
by queerasmoi
09 Jul 2017 11:36
Forum: Financial Planning and Building Portfolios
Topic: Avoiding fx charges on US income
Replies: 17
Views: 742

Re: Avoiding fx charges on US income

denver wrote:
07 Jul 2017 10:42
My wife and I run a small web site that earns revenues from Google ads (income in CAD) and from subscriptions (income to paypal in USD).
A particularly relevant question is - how will you get the USD out of PayPal into a Canadian-domiciled USD account? Paypal does not make this easy.
by queerasmoi
07 May 2017 11:23
Forum: Taxing Situations
Topic: Capital loss carry forward
Replies: 35
Views: 878

Re: Capital loss carry forward

I have a reasonably sized loss dating back to the days when my parents managed an account for me. It just so happens though that my RRSP/TFSA room grew faster than my income so I've had years and years without non-reg capital gains and the loss has just kept being carried forward. ISTM that the (sl...
by queerasmoi
06 May 2017 13:53
Forum: Taxing Situations
Topic: Capital loss carry forward
Replies: 35
Views: 878

Re: Capital loss carry forward

The bigger problem of carrying losses forward is that the inflation-adjusted value of the loss erodes with time. It is, in general, a bad idea to let losses carry forward; it is better to immediately realize offsetting gains (keeping tax down to $0), when possible. Of course, this could be invalida...
by queerasmoi
03 Apr 2017 08:20
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA contribution 2017
Replies: 30
Views: 2166

Re: TFSA contribution 2017

For what it's worth I track my "all TFSA room ever" spreadsheet as follows: Columns: Date, Withdrawal, Deposit, New Room For every year since the TFSA was created there is a New Room transaction on the 1st ($5000 for 2009/10/11/12, $5500 for 2013/14, $10000 for 2015, $5500 for 2016/17). Deposits and...
by queerasmoi
30 Mar 2017 23:38
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Starting To Invest; *(Transferred TFSA to Questrade)
Replies: 10
Views: 659

Re: Starting To Invest; *(Transferred TFSA to Questrade)

adrian2 wrote:
29 Mar 2017 08:55
You can purchase US-listed stocks in a TFSA and any gains / income from them are tax free in a TFSA.
Gains are tax free. Income is subject to unrecoverable withholding tax, but no additional tax. Whereas in an RRSP, no withholding tax.
by queerasmoi
26 Mar 2017 10:09
Forum: Under the Mattress: Protecting Your Money
Topic: Tangerine
Replies: 38
Views: 3633

Re: Tangerine

Ouch. I guess that means I'll use Tangerine for the categories only, and MBNA for all else.

The recurring bill payments category turns out to be great because apps like Ritual (ordering takeout at restaurants from my smartphone) show up as recurring once they're pre-authorized.
by queerasmoi
19 Mar 2017 15:13
Forum: Now Hear This!
Topic: We're now running on phpBB 3.2
Replies: 29
Views: 2042

Re: We're now running on phpBB 3.2

We could just change the name of the forum to:
💰ℹ️💬