Search found 19 matches

by melo
01 Oct 2023 18:26
Forum: Taxing Situations
Topic: US withholding tax on VT
Replies: 14
Views: 987

Re: US withholding tax on VT

A couple of years ago, TDDI sent a form to renew the WBEN-8. But they also gave the option of not having to renew every 3 years to never having to renew. They asked for some info (can't remember what), so I don't have to worry about getting those renewals forms again.
by melo
12 Aug 2023 11:56
Forum: Financial News, Policy and Economics
Topic: Clippings 2023
Replies: 343
Views: 32755

Re: Clippings 2023

Would this be a good case for investing primarily in the S&P 500 then, instead of the entire stock market (like through VGRO or VEQT)? As Warren Buffett has previously suggested?
by melo
13 Jul 2018 18:41
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Vanguard U.S. to eliminate commission on most ETFs
Replies: 3
Views: 396

Re: Vanguard U.S. to eliminate commission on most ETFs

Thank you. For a second, I was crossing my fingers.
by melo
12 Jul 2018 22:46
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Vanguard U.S. to eliminate commission on most ETFs
Replies: 3
Views: 396

Vanguard U.S. to eliminate commission on most ETFs

It appears Vanguard in the U.S. will be eliminating commission fee on most of its' ETFs.

Vanguard Group eliminates trading fees on almost all ETFs — including funds from most of its rivals https://www.cnbc.com/2018/07/02/vanguar ... chwab.html

Do you think the same will happen in Canada in terms of trading Vanguard Canadian and U.S. ETFs at the discount brokerages?

Or we may need to open an individual investor account through Vanguard Canada if Vanguard Canada follows the same path.
by melo
04 Jan 2018 19:44
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Bought U.S. stock through CAD TFSA at TDDI
Replies: 13
Views: 1447

Re: Bought U.S. stock through CAD TFSA at TDDI

Thanks Spudd and ig17. I learn something new every time on this forum. :thumbsup:
by melo
04 Jan 2018 14:52
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Bought U.S. stock through CAD TFSA at TDDI
Replies: 13
Views: 1447

Bought U.S. stock through CAD TFSA at TDDI

Hi,

Excuse my ignorance, but I wanted to buy a U.S. stock today in my U.S. TFSA at TDDI. However, I did not have any U.S.$ in my U.S. TFSA account. Therefore, I bought the U.S. stock through my CAD TFSA in CAD$. The U.S. stock now resides in my CAD TFSA. I thought TDDI would have moved the U.S. stock over to my U.S. TFSA since it is in U.S.$

1. Does it make a difference if it's in my CAD TFSA or U.S. TFSA?

2. Was it stupid to buy the U.S. stock through my CAD TFSA, rather than converting my CAD $ to U.S.$ in the TFSA, and then buying the U.S. stock through my U.S. TFSA?
by melo
03 Jan 2018 15:14
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 3927
Views: 433331

Re: TD Direct Investing (was Waterhouse) Service

Adrian, thanks so much for posting the number! I tried calling TDDI yesterday afternoon and was on hold for over 2 hours (the recording said there were high volumes and a wait time of 15 minutes - HA). I eventually hung up without being able to speak with a CSR. I tried to call TDDI again yesterday evening and was on hold for over 3 hours! I hung up again without being able to speak with a CSR. I tried calling TDDI this afternoon and was on hold (what else is new?) for almost an hour, and then hung up. It said there was a wait time of 15 minutes. I think more like 15 days! :twisted: I checked this forum and tried the number Adrian provided and - POOF - a CSR answered the phone in a few seconds. Amazing. Eventhough it said a wait time of 15 ...
by melo
17 Jul 2017 19:02
Forum: Under the Mattress: Protecting Your Money
Topic: Full name on TD Credit Card receipts
Replies: 8
Views: 1079

Re: Full name on TD Credit Card receipts

Thanks everyone.

I'm still waiting to hear back from VISA International.

I took a look at all my receipts, and it's only that particular vendor that lists my full name. The other vendors only lists the last four digits of my credit card number and there is a transaction number. So it appears it is limited to that specific vendor. I will advise VISA when they call me back.
by melo
16 Jul 2017 19:59
Forum: Under the Mattress: Protecting Your Money
Topic: Full name on TD Credit Card receipts
Replies: 8
Views: 1079

Full name on TD Credit Card receipts

Hi, When I charge something to my TD Visa card, I noticed that my full name appears on the credit card receipt, with the last four digits of my credit card. I'm concerned with my full name appearing on the receipt, due to privacy concerns. I contacted TD and they advised my full name should not be on the receipt (only the last four digits of the 16 digit credit card number). They asked me to contact VISA International. I called VISA International and they stated there is nothing in their policy that prohibits my full name appearing on the credit card receipt. I mentioned that MasterCard does not give out my name at all on any of their credit card receipts, and noted I was concerned for privacy reasons. VISA said they would open up an incide...
by melo
14 Jun 2017 23:06
Forum: Financial Planning and Building Portfolios
Topic: Who can see my account information?
Replies: 30
Views: 1907

Re: Who can see my account information?

Hi AltaRed, Yes, there are institutions that put controls in place to prevent "snooping". However, it does not necessarily prevent employees from doing so. At my place, controls are in place similar to the big 5 banks (access log, employee identifier, time, how long, etc.). However, employees still do it, but now at a lesser extent with Big Brother having more tabs on its' employees...but they still do. Someone would only know if the employee inappropriately accessed a client's bank account if the supervisor purposefully went to access the logs....or if a client complained, forcing the supervisor to check the access logs for a particular client. It's too cumbersome and time consuming for a supervisor to check each employee or clie...
by melo
14 Jun 2017 22:56
Forum: Financial Planning and Building Portfolios
Topic: Who can see my account information?
Replies: 30
Views: 1907

Re: Who can see my account information?

If you are with TDDI and TD Bank, and check the box that says you don't want to share information between these financial institutions...there is a problem if you don't want to receive paper statements. I have been battling for years with TDDI on this issue. I told TDDI that I did not want to receive paper statements (monthly, quarterly, annually, etc.) from them. However, TDDI told me that because I am a TD Bank customer as well, that I have NO CHOICE but to receive statements in the mail from TDDI. TDDI told me that the ONLY way that I can get online statements only (that is, no statements in the mail again), is if I agree to share information between TDDI and TD Bank. I have taken this issue up to various levels with no luck whatsoever. ...
by melo
29 Jan 2017 21:46
Forum: Under the Mattress: Protecting Your Money
Topic: Best Credit Card (2016-2021)
Replies: 647
Views: 78545

Re: Best Credit Card (2016-2017)

Thank you, Peter!
by melo
29 Jan 2017 18:18
Forum: Under the Mattress: Protecting Your Money
Topic: Best Credit Card (2016-2021)
Replies: 647
Views: 78545

Re: Best Credit Card (2016-2017)

Hello,

A friend applied for the Rogers' MasterCard which charges 2.5 % on foreign currency transaction fee, but has a 4% cash back. He said this gives a positive net return of 1.5%. He said it is better than Amazon Rewards Visa (0% foreign currency transaction fee and 2% cash back on Amazon purchases/1% cash back on everything else).

Is his logic correct?

Thanks.
by melo
30 Aug 2016 15:50
Forum: Retirement, Pensions and Peace of Mind
Topic: Investing legends warning of another market crash
Replies: 8
Views: 1466

Re: Investing legends warning of another market crash

Thanks everyone for your take on this article! I just have to remember to stay the course and ignore the noise.
It caught my attention and made me second guess staying the course and in the market regardless, because of the "investing legends".

Thanks again!
by melo
29 Aug 2016 17:47
Forum: Retirement, Pensions and Peace of Mind
Topic: Investing legends warning of another market crash
Replies: 8
Views: 1466

Investing legends warning of another market crash

These three investing legends are warning of another market crash...possibly by 60% either late this year or before the end of 2017: http://www.moneysense.ca/save/investing/these-three-investing-legends-are-warning-of-another-market-crash/ Usually, it's been said that regardless of how the market is doing, buy and hold investors (long term investors planning for retirement) should remain in the market at all times and simply buy more stock when the market dips/crashes....stay the course and stay invested. However, based upon these three investing legends, I'm wondering if this time maybe be a bit different as they have said to cash out equities and remain in cash. What is your take on it this time around - is it better to cash out all equit...
by melo
14 Jun 2014 20:34
Forum: Financial Planning and Building Portfolios
Topic: Non-registered account investment
Replies: 15
Views: 3072

Re: Non-registered account investment

Thank you all for your suggestions! it's definitely good things for me to consider in my plans.
by melo
09 Jun 2014 22:26
Forum: Financial Planning and Building Portfolios
Topic: Non-registered account investment
Replies: 15
Views: 3072

Re: Non-registered account investment

Thanks so very mch, Parvus and AltaRed!

I keep learning so much from all of you. This forum has given me some confidence to DIY investments.
thank youonce again.
by melo
09 Jun 2014 20:19
Forum: Financial Planning and Building Portfolios
Topic: Non-registered account investment
Replies: 15
Views: 3072

Re: Non-registered account investment

Thank you everyone for your advice! I apologize for not providing you with enough information. Peculiar Investor, I've provided more information below. AltaRed, thank you for putting things in perspective with respect to the $45 withdrawal fee, and tax information. MALDI_ToF, I decided to skip bonds in option 2 and just stay with equities since I will have a good pension. Option 2 is a bit more aggressive and I'm thinking of using GICs instead of bonds for fixed income. poedin, thanks for showing me the Mawer105 fund! that would be even better for my non-registered account. I will also check out their Global Balanced Fund. I am single and 51 years old with a DB plan in Ontario, earning aroound $86,000/year. Here is my status: - 6 month emer...
by melo
09 Jun 2014 10:31
Forum: Financial Planning and Building Portfolios
Topic: Non-registered account investment
Replies: 15
Views: 3072

Non-registered account investment

Hello, I really enjoy reading the information provided on this forum. Excellent suggestions and very, very knowledgeable people with practical advice. I am with TDW. I have about $30,000 to invest in a non-registered account (I already have my RRSP & TFSA investments maxed out). I was wondering which investment would be best for this account: (1) Mawer Balanced Fund (100%) OR (2) TD Canadian Index e-series (33.3%) + TD U.S. Index e-series (33%) + TD International e-series (33%) I'm leaning towards the Mawer Balanced fund. I understand this fund is excellent. The only thing is that TDW charges $45.00 to withdraw any money from the Mawer fund. I don't intend to withdraw the money in the near future; but I was just thinking if, in the futu...