Search found 914 matches

by optionable68
20 Nov 2017 20:59
Forum: Under the Mattress: Protecting Your Money
Topic: Would you pay an annual fee to join a loyalty program?
Replies: 9
Views: 287

Re: Would you pay an annual fee to join a loyalty program?

Koogie wrote:
20 Nov 2017 18:24
Perhaps Loblaws is banking on a certain level of consumer ignorance..
Based on my last trip to Loblaws, the typical Loblaws customer may not be overly price aware.
by optionable68
18 Nov 2017 19:46
Forum: Retirement, Pensions and Peace of Mind
Topic: RRIF Withdrawal
Replies: 36
Views: 1931

Re: RRIF Withdrawal

IME with TDDI RRIFs if cash is not available for a scheduled monthly payment, the cash position becomes negative and they send you a reminder to correct it quickly by selling something. Yes, I have confirmed with TDDI that they will not liquidate any holdings. They will use all available cash in th...
by optionable68
06 Nov 2017 19:38
Forum: Retirement, Pensions and Peace of Mind
Topic: RRIF Withdrawal
Replies: 36
Views: 1931

Re: RRIF Withdrawal

Jo Anne wrote:
04 Nov 2017 22:05
Shakespeare wrote:
04 Nov 2017 18:46
I just sell enough for the withdrawal ahead of time.
That's what we do.
OK, but does TDDI look at RIF cash first for RIF distribution, or will they surprise us by selling a security ?
by optionable68
04 Nov 2017 13:06
Forum: Retirement, Pensions and Peace of Mind
Topic: RRIF Withdrawal
Replies: 36
Views: 1931

Re: RRIF Withdrawal

How does TDDI determine which security to sell in order to fund a RIF withdrawal?
by optionable68
21 Oct 2017 14:58
Forum: Retirement, Pensions and Peace of Mind
Topic: Wills, notification of death and probate
Replies: 58
Views: 2157

Re: Wills, notification of death and probate

Thank you twa2w for your thoughtful response
by optionable68
20 Oct 2017 22:20
Forum: Retirement, Pensions and Peace of Mind
Topic: Wills, notification of death and probate
Replies: 58
Views: 2157

Re: Wills, notification of death and probate

.... no assets or liabilities, is there anything we need to consider in terms of probate or any legal proceeding requiring a lawyer ? So even if there is a nominal residual of assets... say $1,000 and no liabilities.... do we need a lawyer's involvement for anything else? Do we need to go to court ...
by optionable68
18 Oct 2017 09:46
Forum: Retirement, Pensions and Peace of Mind
Topic: Wills, notification of death and probate
Replies: 58
Views: 2157

Re: Wills, notification of death and probate

I would think it odd though that any deceased would have zero assets at time of death. There would have likely been some possessions, perhaps a final CPP and/or OAS payment if the deceased had been collecting them, and a bank account of something. CPP and OAS get paid at month end. And get paid int...
by optionable68
16 Oct 2017 12:15
Forum: Retirement, Pensions and Peace of Mind
Topic: Wills, notification of death and probate
Replies: 58
Views: 2157

Re: Wills, notification of death and probate

My father is now on his death bed. Over the past few years all of his assets were transferred to my mother. When he passes he will have no assets and no liabilities. My mother is the sole beneficiary on his will. Given he has no assets or liabilities, is there anything we need to consider in terms o...
by optionable68
13 Oct 2017 20:12
Forum: Under the Mattress: Protecting Your Money
Topic: Tangerine
Replies: 38
Views: 3203

Re: Tangerine

You can set up an EFT from the IB side from/to any Canadian chequing account and use it as often as you want. There might be a small charge if you do it more than once per month. Don't know what the limits are. Called IB on that they said that's an ACH and they can only accept $100k/week If she has...
by optionable68
12 Oct 2017 21:52
Forum: Under the Mattress: Protecting Your Money
Topic: Tangerine
Replies: 38
Views: 3203

Re: Tangerine

A friend of mine is trying to move $1 Million out of Tangerine to Interactive Brokers. (They have no big bank relationship) After talking to Tangerine, they only allow transfers/bill payments of $25,000 per day and $100k with supervisor interaction. She asked if there was a better way such as wire t...
by optionable68
10 Oct 2017 21:30
Forum: Financial Planning and Building Portfolios
Topic: How far are you from retirement?
Replies: 28
Views: 1244

Re: How far are you from retirement?

My target date is in the calendar but there is no option for 5.5 years
by optionable68
01 Sep 2017 19:44
Forum: Retirement, Pensions and Peace of Mind
Topic: Income taxes pushing me towards retirement
Replies: 56
Views: 2017

Re: Income taxes pushing me towards retirement

Although I don't feel particularly ready to retire, the weight of income taxes in my budget makes me wonder whether I should consider doing so. I wonder if others have felt the same way in the past and how they have reacted to it. I am going through a similar debate. Its not simply the taxes, its t...
by optionable68
31 Jul 2017 17:53
Forum: Retirement, Pensions and Peace of Mind
Topic: Retirement - is it over-rated?
Replies: 263
Views: 14348

Re: Retirement - is it over-rated?

You guys are killing me. Still hanging onto my 40s but am still planning (hoping) to "retire" around 55. If its financially feasible. Boredom? I don't understand that word. I have never experienced boredom in my life and don't really expect to. I do what keeps me entertained and interested and educa...
by optionable68
07 Jun 2017 19:08
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4859

Re: Which Broker Do you Use?

For the record, I asked BMO IL if the original $1000 offer would be sweetened if I transferred $500,000+ (instead of $250,000) and was offered $1,600
by optionable68
03 Jun 2017 10:46
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Bust 2017
Replies: 179
Views: 10053

Re: Housing Bust 2017

Mordko wrote:
02 Jun 2017 18:50
Buyers are pulling out from deals and forfeiting deposits in Toronto. The "bust" thing may no longer be a joke.
Sources please
by optionable68
29 May 2017 19:24
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4859

Re: Which Broker Do you Use?

My RSP funds finally were transferred to BMO IL. Entire transfer process took 6 weeks which included the departure of my account rep handling my account transfer. Unfortunately, BMO status communications were absent during most of the process unless I initiated them. Will begin to redeploy my cash ...
by optionable68
18 May 2017 17:08
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4859

Re: Which Broker Do you Use?

My RSP funds finally were transferred to BMO IL. Entire transfer process took 6 weeks which included the departure of my account rep handling my account transfer. Unfortunately, BMO status communications were absent during most of the process unless I initiated them. Will begin to redeploy my cash i...
by optionable68
16 May 2017 20:01
Forum: Financial Planning and Building Portfolios
Topic: ETF Portfolio
Replies: 5
Views: 868

Re: ETF Portfolio

Considering you only have $5k, you may want to consider TD e-series index funds over ETFs until you accumulate enough money to negate the trading commissions
by optionable68
15 May 2017 21:20
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 416
Views: 26604

Re: High interest rates for savings, GICs and MMFs (2017)

hamor wrote:
13 May 2017 11:57
which ETFs?
optionable68 wrote:
09 May 2017 22:17
optionable68 wrote:
04 May 2017 20:37
My offer:

"Earn 2.5%* interest tax-free on new TFSA deposits until August 31, 2017."
I`ve grown a bit weary of chasing Tangerine for short term rates. Moving my TFSA to iTrade - will buy 2 low cost ETFs and let it ride.
50% XIC and 50% VFV
by optionable68
13 May 2017 19:19
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: The Second Cup Ltd. (TSX.SCU)
Replies: 12
Views: 765

Re: The Second Cup Ltd. (TSX.SCU)

IMHO there is simply a clear 3-way race for coffee chains (SBUX, Tim Hortons, McDs) with very high barriers .... remember what happened to Timothy's ? Country Style? Not sure Second Cup has what it takes to hit the big leagues.
by optionable68
09 May 2017 22:17
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 416
Views: 26604

Re: High interest rates for savings, GICs and MMFs (2017)

optionable68 wrote:
04 May 2017 20:37
My offer:

"Earn 2.5%* interest tax-free on new TFSA deposits until August 31, 2017."
I`ve grown a bit weary of chasing Tangerine for short term rates. Moving my TFSA to iTrade - will buy 2 low cost ETFs and let it ride.
by optionable68
09 May 2017 22:12
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4859

Re: Which Broker Do you Use?

Well, its been a month of waiting for my RSP transfer to BMO Investorline . Funds still have not arrived there yet. I am waiting patiently. As an aside, I just dropped off all the forms to transfer my Tangerine TFSA to Scotia iTrade . I don`t know anyone with a Scotia account`so I guess I may be a q...
by optionable68
04 May 2017 20:37
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 416
Views: 26604

Re: High interest rates for savings, GICs and MMFs (2017)

My offer:

"Earn 2.5%* interest tax-free on new TFSA deposits until August 31, 2017."
by optionable68
04 May 2017 19:56
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 416
Views: 26604

Re: High interest rates for savings, GICs and MMFs (2017)

Do "new deposits" include cash transfers from an existing TFSA ? See the small print above: Promotional Interest will not be paid on existing funds that were in a PC Financial Account as at April 30, 2017, and are transferred to an Eligible Account. Yes, I missed that part. My email includes the sa...
by optionable68
03 May 2017 20:26
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 416
Views: 26604

Re: High interest rates for savings, GICs and MMFs (2017)

ig17 wrote:
03 May 2017 15:21
I got the same offer as Adrian. 2.5%
Do "new deposits" include cash transfers from an existing TFSA ?