Search found 902 matches

by optionable68
31 Jul 2017 17:53
Forum: Retirement, Pensions and Peace of Mind
Topic: Retirement - is it over-rated?
Replies: 263
Views: 13499

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: 4328

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: 175
Views: 8033

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: 4328

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: 4328

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: 775

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: 345
Views: 20229

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: 574

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: 345
Views: 20229

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: 4328

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: 345
Views: 20229

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: 345
Views: 20229

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: 345
Views: 20229

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 ?
by optionable68
28 Apr 2017 18:08
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4328

Re: Which Broker Do you Use?

Shakespeare wrote:
25 Apr 2017 23:57
Full portfolio now transferred, eight days after RBCDI account closed.
Its been nearly 3 weeks for me. My BMO IL account is open but still shows a ZERO balance, My current RSP still showing as not transferred

Will nudge BMO tonight
by optionable68
20 Apr 2017 17:23
Forum: Under the Mattress: Protecting Your Money
Topic: Tangerine
Replies: 22
Views: 1916

Re: Tangerine

I'm very happy with the promo system: a few minutes every quarter, saying the right things and getting a very good rate. Dollars per time spent on the phone equals a very good use of my time. Unfortunately the phone calls never seem to get me anywhere in relation to existing assets in TFSAs, as the...
by optionable68
19 Apr 2017 20:17
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4328

Re: Which Broker Do you Use?

My BMO account is live and also shows a zero balance. Still awaiting transfer proceeds.
by optionable68
14 Apr 2017 10:45
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: 2017 a very tough market
Replies: 34
Views: 1675

Re: 2017 a very tough market

I know what you mean. I'm in the midst of moving my RSP account to a new discount brokerage. The existing positions in my RSP have been liquidated and will be transferred "in cash". Normally, I just buy, hold and rebalance in my RSP. However...now as the funds are expected to hit my new account with...
by optionable68
12 Apr 2017 18:55
Forum: Under the Mattress: Protecting Your Money
Topic: Best Credit Card (2016-2017)
Replies: 217
Views: 8598

Re: Best Credit Card (2016-2017)

Isn't there a Capital One card that has amazing perks, but long since stopped accepting new application? Or, pared down the perks considerably for new applicants? Yes, for those who got lucky (including yours truly), the Capital One Aspire Travel MC, pays you 2% on all purchases, and clients pay ju...
by optionable68
10 Apr 2017 21:07
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4328

Re: Which Broker Do you Use?

Did you get a chequing account for linkage? I did. I didn't get the chequing account. I am transferring only 1 of my RSPs and have no plans to deposit additional funds into the BMO account at this point. If I change my mind, I guess I could always get a linkage account at that time. Taxable investm...
by optionable68
10 Apr 2017 17:12
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4328

Re: Which Broker Do you Use?

Shakespeare wrote:
08 Apr 2017 14:15
Transfer filled out and sent from branch.
Ditto. Just received my new BMO IL account number. Wanting for the funds transfer to go through.
by optionable68
05 Apr 2017 19:50
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4328

Re: Which Broker Do you Use?

AltaRed wrote:
05 Apr 2017 19:47
That BMO IL offer (cash) is as good as I've seen in quite a long time from anyone....
Agree. I am planning to move my RRSP there shortly.
by optionable68
05 Apr 2017 19:35
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4328

Re: Which Broker Do you Use?

johnsmith1 wrote:
05 Apr 2017 15:29
very interesting cash bonus! per account?
fundamental wrote:
05 Apr 2017 15:16
Looks like BMO InvestorLine is now offering $1000 cashback for transfers of $250k+

I can't recall any better true cashback offers in recent memory (IMHO, "free" trades are not compelling)

Anybody taking the BMO bait?
The details are here
by optionable68
01 Apr 2017 21:53
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 345
Views: 20229

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

I called. The previous offer expired yesterday. It was the usual drill: What will you do if we don't give you an offer? Let me put you on hold while I see what I can do ... The last time I called, three months ago, they reduced the offer from 2% to 1.6%. So I withdrew a substantial portion of my mo...
by optionable68
01 Apr 2017 21:18
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA contribution 2017
Replies: 11
Views: 686

Re: TFSA contribution 2017

Beginning Jan 2017
by optionable68
18 Mar 2017 11:44
Forum: Retirement, Pensions and Peace of Mind
Topic: RSP Overcontribution Help
Replies: 9
Views: 618

Re: RSP Overcontribution Help

Dejavu wrote:
17 Mar 2017 23:35
IIRC if you overcontribute with no contribution room and will not ever have any room then:
1/ you have no deduction for the contribution
2/ you will be taxed at your marginal rate upon withdrawal
It's a double whammy with no upside, Dejavu
This makes perfect sense. Thank you Dejavu