Search found 3860 matches

by IdOp
07 Oct 2022 23:00
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Preferred share redemptions
Replies: 46
Views: 14296

Re: Preferred share redemptions

freedom2022 wrote: 07 Oct 2022 20:16 What is the basis of rate reset?
Is it this chart?
https://ycharts.com/indicators/canada_l ... %205.70%25.
Those are long-term bond yields. I think you'd want to look at the Canada 5-year benchmark bond yield.
by IdOp
01 Jun 2022 23:18
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Dividend and distribution hikes (2022)
Replies: 261
Views: 72509

Re: Dividend and distribution hikes (2022)

Link
Laurentian Bank wrote:... has approved an increase of $0.01 on its common shares ...
Add this bank to the list of corporations requiring the services of a competent proof-reader.
by IdOp
01 Jun 2022 15:56
Forum: Under the Mattress: Protecting Your Money
Topic: High interest savings, GICs and MMFs (2022) - rates
Replies: 1006
Views: 95639

Re: High interest savings, GICs and MMFs (2022) - rates

queerasmoi wrote:Time to watch it all go up again.
CTFS HISA rate has gone up to 1.45 % (from 1.1 % IIRC).
by IdOp
28 May 2022 23:31
Forum: Under the Mattress: Protecting Your Money
Topic: Miscellaneous Quicken Questions
Replies: 623
Views: 95311

Re: Miscellaneous Quicken Questions

ig17 wrote: 28 May 2022 17:56Just to close the loop, I ended up replacing the motherboard in the old PC. I found an identical model on eBay. Q16 is back up and running.
I'm glad to hear it is working again. As someone who can be resistant to change, I like that solution. :) Hopefully the new board will provide a good lifetime.
by IdOp
25 May 2022 15:06
Forum: Under the Mattress: Protecting Your Money
Topic: Shrinking food packages
Replies: 29
Views: 3481

Re: Shrinking food packages

shreDshrink1.jpg
shreddie shrink
(996.61 KiB) Not downloaded yet
The new box is taller, but thinner.
by IdOp
24 May 2022 10:07
Forum: Under the Mattress: Protecting Your Money
Topic: High interest savings, GICs and MMFs (2022) - rates
Replies: 1006
Views: 95639

Re: High interest savings, GICs and MMFs (2022) - rates

TD C$ ISA (TDB8150) is up to 0.85%, just ahead of various MMFs.

The U$ version, TDB8152, is now at 0.70%, just behind various MMFs.
by IdOp
22 May 2022 22:59
Forum: Under the Mattress: Protecting Your Money
Topic: Miscellaneous Quicken Questions
Replies: 623
Views: 95311

Re: Miscellaneous Quicken Questions

ig17 wrote: 22 May 2022 22:01My understanding is that CSM is not compatible with integrated GPUs. To support CSM, the system must have a dedicated graphics card.
Not necessarily, it probably depends on the firmware, etc. My "modern" Acer PC (Core i5-8500 with its UHD Graphics 630) has no dedicated graphics card and CSM works fine.

One note though, I've read that CSM is going to be phased out. Before long new PCs won't have them in many cases.
by IdOp
01 May 2022 19:32
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Frothy Equity Markets
Replies: 1395
Views: 155882

Re: Frothy Equity Markets

Looks like I'm the laggard so far, -9% YTD. Hadn't realized it was that bad, but comparing to VBAL it isn't too terrible.
by IdOp
25 Apr 2022 18:59
Forum: Taxing Situations
Topic: Capital gain harvesting
Replies: 15
Views: 1693

Re: Capital gain harvesting

Thanks for the thoughts IdOp. I must have explained the situation poorly, as it is the loser I wish to rebuy. The "loser" is a Balanced mutual fund that has fixed income holdings as part of the mix - and which I expect has caused most of the decline in its price. The simplifying I referred to above has had me selling individual stocks - many of which have been held for more than 10 years and the capital gains are substantial - and moving to the balanced mutual fund. At this point I could sell the fund at a loss and the 2 stocks at a gain and negate a chunk of the capital gain. Ahh, OK, that makes sense and you'd have to wait > 30 days to re-buy the mutual fund you sold at a loss. I also wanted to add with regard to my 2nd thought...
by IdOp
25 Apr 2022 11:00
Forum: Taxing Situations
Topic: Capital gain harvesting
Replies: 15
Views: 1693

Re: Capital gain harvesting

As a result of changes I have made (and will continue to make) to simplify our holdings for my wife, who will likely live longer than me, we have a good size loss that would offset some of the gains on legacy holdings in her non-registered account. if I execute these sales (the gainer and the loser) my intent would be to repurchase the “gain” holding after the 30 day superficial loss period. Two points: 1) If you are buying back the stock that had a gain, then there is no superficial loss. No need to wait 30 days, you could choose to buy it back immediately. A superficial loss can only occur when you buy the same security that you sold at a loss within +/- 30 days of the sale. 2) If you do what you're proposing, which seems to be to use th...
by IdOp
24 Apr 2022 14:14
Forum: Financial News, Policy and Economics
Topic: Clippings 2022
Replies: 222
Views: 59416

Re: Clippings 2022

Well, a saver is (in most cases) presumably saving up for something. Whatever it is is going to cost more when the time comes due to inflation. So the saved money has to keep up too.
by IdOp
22 Apr 2022 22:08
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: GICs from different issuers
Replies: 17
Views: 7220

Re: GICs from different issuers

ockham wrote: 22 Apr 2022 21:55Certainly persuaded me that paying attention to CDIC insurance limits matters.
Yup, a variation on lessons in reaching for yield.
by IdOp
22 Apr 2022 22:05
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: GICs from different issuers
Replies: 17
Views: 7220

Re: GICs from different issuers

Bylo Selhi wrote: 22 Apr 2022 21:56And if that were to happen today the 2% GIC that was cut short could be converted into a new one that pays 4% :lol:

In any case when there's a bank failure that necessitates CDIC intervention then it's all about the return of capital. Interest is secondary IMO.
Agreed on both.
That would be the federal banking regulator and yes, they'd first try to find a buyer for the FI who would agree to take on liability for the GICs. CDIC intervention happens when all else fails.
Thanks, that distinction was not clear to me.
by IdOp
22 Apr 2022 21:21
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: GICs from different issuers
Replies: 17
Views: 7220

Re: GICs from different issuers

Back in the days of the Canadian Commercial Bank and Northland Bank failures (late '80s??) I had to rely on CDIC coverage for term deposits. As I recall it took a few weeks and was nerve-wracking to me. I am sure it would be much faster now, though. However, the term deposits were not allowed to mature, the interest was paid only up to the date of failure. If one had a GIC with a long term remaining (say, 3 years on a 5-year GIC) and interest rates had dropped, that would be a risk of sorts. (Added: I'm assuming here that CDIC cannot find another institution to take on the GIC.)

Coming back to original question, another reason to choose a lower-yielding offering than the top is if you're maxed out with the top issuer.
by IdOp
19 Apr 2022 15:38
Forum: Under the Mattress: Protecting Your Money
Topic: EasyWeb Online Banking
Replies: 162
Views: 14971

Re: EasyWeb Online Banking

Bylo Selhi wrote: 19 Apr 2022 15:17Call them (TDDI) and ask if it's possible to do larger amounts by phone. I don't see why not if you have the recipient's TDDI account number and name. Perhaps they'll also need the recipient's consent or have some form that both parties need to sign, etc.
Person A is elderly and does not do well on the phone. Also, if a form is required then it's basically no easier than a cheque. I'll call TD and see if they can tell me anything about bill payment limits.
by IdOp
19 Apr 2022 14:54
Forum: Under the Mattress: Protecting Your Money
Topic: EasyWeb Online Banking
Replies: 162
Views: 14971

Re: EasyWeb Online Banking

Bylo Selhi wrote: 19 Apr 2022 14:45Why not do a test and see if it works or gets rejected.
If it turns out that it can be done in one or two bill payments then that would be the next step.
by IdOp
19 Apr 2022 14:50
Forum: Under the Mattress: Protecting Your Money
Topic: EasyWeb Online Banking
Replies: 162
Views: 14971

Re: EasyWeb Online Banking

OnlyMyOpinion wrote: 19 Apr 2022 14:12I can 'bill pay' to different TD bank account holders, but I've never set up and used for the TDDI account of another person. My daily limit for those is $5k.
Thank you. Yes, we've done small (under $1k) bill payments to a TD LoC. The amount here is much larger than the credit limit of the LoC, so it might cause trouble.
I'd set it up and try a $5 test amount.
Doing bill payments out of Simplii (not TD) I have done larger amounts ( > $10k ) but IIRC it required 2FA in the form of a security code by phone (not a big deal).

If TD has limits like $5k then it will have to be done by cheque (which I'm trying to avoid as it can take a long procedure at a branch).
by IdOp
19 Apr 2022 13:57
Forum: Under the Mattress: Protecting Your Money
Topic: EasyWeb Online Banking
Replies: 162
Views: 14971

Re: EasyWeb Online Banking

Bylo Selhi wrote: 19 Apr 2022 13:52I don't see why not.
Right, I had also done that much, but the (first) question is if the setup at a later stage, or an actual transfer will be rejected due to different account owners.
by IdOp
19 Apr 2022 13:37
Forum: Under the Mattress: Protecting Your Money
Topic: EasyWeb Online Banking
Replies: 162
Views: 14971

Re: EasyWeb Online Banking

I have a question about bill payments on TD EasyWeb, so am wondering if anyone has done this before.

Suppose two people want to transfer money from A to B:

Person A: has a TD Bank C$ chequing account.

Person B: has a TDDI C$ cash brokerage account.

Can A set up a bill payment to B's brokerage account and successfully transfer money, despite the fact that the two account owners are not the same?

And, is there a known upper limit to the amount of a bill payment on TD EasyWeb?

TIA for any insights!
by IdOp
17 Apr 2022 16:20
Forum: Under the Mattress: Protecting Your Money
Topic: Cross-border USD checking question
Replies: 18
Views: 2074

Re: Cross-border USD checking question

Here's one from RBC: U.S. Personal Account.

Note that there are some fees that apply. This isn't a recommendation on my part, I've never had this account.
by IdOp
17 Apr 2022 14:43
Forum: Under the Mattress: Protecting Your Money
Topic: High interest savings, GICs and MMFs (2022) - rates
Replies: 1006
Views: 95639

Re: High interest savings, GICs and MMFs (2022) - rates

IdOp wrote: 16 Apr 2022 14:28 That sounds like the Simplii offer which was discussed up-thread. Maybe they've extended the set of invitees now?
So I just logged in to Simplii and got this offer (again) which I had signed up for in March. That shouldn't happen, right? :?

ADDED: I called Simplii but they couldn't confirm enrollment because that part of their system is down. Have to try next week. Makes me wonder if that problem is causing the duplicate offers too??
by IdOp
16 Apr 2022 14:28
Forum: Under the Mattress: Protecting Your Money
Topic: High interest savings, GICs and MMFs (2022) - rates
Replies: 1006
Views: 95639

Re: High interest savings, GICs and MMFs (2022) - rates

That sounds like the Simplii offer which was discussed up-thread. Maybe they've extended the set of invitees now?