Search found 21562 matches

by Bylo Selhi
10 Mar 2024 08:08
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 3927
Views: 433332

Re: TD Direct Investing offers US bonds

freedom2022 wrote: 10 Mar 2024 07:05 I opened an account with TDDI a couple months ago.
Just found out that we can purchase US bonds.
It is not available with RBCDI, unless we call them.
Many Canadian Banks offer bonds in US market with better yields.
USD MMFs and HISAs also offer higher yields than similar CAD offerings. Of course there's also the FX risk, which may be a feature or a bug depending on how the exchange rate goes.
by Bylo Selhi
09 Mar 2024 13:10
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 3927
Views: 433332

Re: TD Direct Investing (was Waterhouse) Service

the TDAM HISA T5 gong show, overnight they posted another pair of T5s in my account on WebBroker. Yeah, on Friday I got a TDAM HISA T5 in the snail mail, and then yesterday I got my second "duplicate" TDAM HISA T5 online in my TDDI account - so that's three altogether and all the same information along with the one that's in my CRA account that says it's an "original". Yeah, I forgot to mention I also got the snail mailed copy a few days ago. Haven't looked in MyAccount. This needs more attention and clarification from TD DI because people might inadvertently report the same income twice (or even thrice) and end up paying more tax than they actually owe. When people eFile, only the totals get sent to CRA. If the totals ...
by Bylo Selhi
09 Mar 2024 12:31
Forum: Under the Mattress: Protecting Your Money
Topic: Best Credit Card (2021 - 2025)
Replies: 515
Views: 33152

Re: Best Credit Card (2021 - 2025)

agraham wrote: 09 Mar 2024 11:59 I went to "Get account details" and it says "In order to get your account details you must first deposit $30 CAD. You can use this money later".
Its a little annoying that I have to deposit $30 when I just transferred them $450 but ok at least I know what to do for next time.
Most people do the $30 deposit when they open their Wise accounts. In any case account details will include the standard stuff you'll need to do "bill payments" to fund the account, e.g.
Institution number: 621
Account number: 200********9
Transit number: 16001
Wise's address: 99 Bank Street, Suite 1420, Ottawa ON K1P 1H4 Canada
by Bylo Selhi
09 Mar 2024 11:34
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 3927
Views: 433332

Re: TD Direct Investing (was Waterhouse) Service

Re the TDAM HISA T5 gong show, overnight they posted another pair of T5s in my account on WebBroker.

Now I have two identical pairs of T5s. (Pairs because one is for CAD HISA and the other for USD HISA.) One is dated 16Feb and the other 09Mar. The 16Feb one has disappeared from WebBroker.

Both contain identical information. Both are marked "DUPLICATE" on the Summary sheet that TD provides for each. There is no other explanation. If there ever was an "original" (i.e. not "DUPLICATE") then I don't see it.

WTF?
by Bylo Selhi
08 Mar 2024 21:27
Forum: Community Centre
Topic: Nurse Practitioners / Physician Assistants
Replies: 94
Views: 2675

Re: Nurse Practitioners / Physician Assistants

nisser wrote: 08 Mar 2024 20:32What pharmacist is going to...
Where did I suggest that a pharmacist was an appropriate solution to the issue I raised? I simply pointed out that an FP referred my mom to the ER for a urine test because that was the only practical way for her to get it done in less than a day or two.
I pose the question again to you, what % of misses is acceptable to you? Are you comfortable being that missed opportunity that dies?
Perhaps you should pose those questions to the medical community, e.g. those who believe routine diagnostic tests from mammographies to colonoscopies should start at some minimum age and end at another? Surely that protocol results in a significant number of missed, otherwise treatable cancers.
by Bylo Selhi
08 Mar 2024 13:25
Forum: Taxing Situations
Topic: GIC Taxation
Replies: 27
Views: 1771

Re: GIC Taxation

Three reasons I’ve never recommended a GIC – and I’m not starting now This isn't intended as an argument against what DanH is saying but there is one feature of that GICs have over below par bonds. They pay a higher rate of periodic interest. In Dan's example, 4.7% for the GIC vs. 1.55% for the ON bond. Granted that this balances out at tax time. Also it can be argued that the illiquidity of GICs may not matter to those who are rolling rungs in a ladder and living off the interest. (I agree that one should get compensated for that illiquidity.) Dan also doesn't get into the costs of buying (and selling if one needs liquidity) of bonds. That's going to give a haircut to that ON bond's Estimated After-Tax Return. Dunno by how much. My conclu...
by Bylo Selhi
08 Mar 2024 13:05
Forum: Financial Planning and Building Portfolios
Topic: Stocks versus ETFs
Replies: 102
Views: 6779

Re: Stocks versus ETFs

Feeds into the debate on investment style, dividend payers versus capital gains I'm not advocating for BRK as an ETF replacement. It's not, especially not for a broadbased US index ETF. I'm just pointing out for those who find it attractive that it has some interesting bonus features like no distributions (that would all be taxed as ordinary income in Canada, if there were) and an ultra-low "MER." BRK is an actively-managed funds. As Buffett himself has pointed out repeatedly in recent years, it's huge size makes it almost impossible to (a) find new investments that make any meaningful change in the company's overall performance and (b) beating the S&P 500. It also has a unique idiosyncratic risk, i.e. that Buffett's successo...
by Bylo Selhi
08 Mar 2024 12:03
Forum: Taxing Situations
Topic: Capital Gains splitting?
Replies: 7
Views: 441

Re: Capital Gains splitti

Mudcrab wrote: 08 Mar 2024 11:22 PS I see Bylo’s advice to send CRA a letter explaining how & why the capital gains are being split. Personally, I would never send CRA an unsolicited letter about anything like this. Get your ducks in a row so that you can defend your filing position if you need to & leave it there.
I assume that one has their ducks lined up before sending the letter. The purpose of the letter is to let CRA know that if their computer rings an alarm, perhaps because T5008 slips erroneously attributed all distributions to one partner, you have the documentation to back up your split. In my admittedly limited experience they leave alone those who can plausibly back up their claims.
by Bylo Selhi
08 Mar 2024 11:56
Forum: Community Centre
Topic: Day hikes in the Canadian Rockies
Replies: 19
Views: 607

Re: Day hikes in the Canadian Rockies

hamor wrote: 08 Mar 2024 10:38 Consider hiking sections of East Coast Trail. July is the best weather.
Bill and Isa from Brown Rabbit Cabins will pick you up at the airport and then treat you well. The East Coast Trail is linear so they'll also take you to the start of a section each morning and then pick you up in the afternoon :thumbsup:
by Bylo Selhi
08 Mar 2024 10:40
Forum: Financial Planning and Building Portfolios
Topic: Stocks versus ETFs
Replies: 102
Views: 6779

Re: Stocks versus ETFs

robgizz wrote: 08 Mar 2024 10:09 No embedded management fees whatsoever?
Buffett considers the cost of running BRK's HQ in Omaha to be the equivalent of an MER. IIRC this amounts to a bp or two.
by Bylo Selhi
08 Mar 2024 09:55
Forum: Financial Planning and Building Portfolios
Topic: Stocks versus ETFs
Replies: 102
Views: 6779

Re: Stocks versus ETFs

Unwise wrote: 08 Mar 2024 09:11
robgizz wrote: 07 Mar 2024 21:26 Easy, it’s a stock
Technically yes, but: Owning Berkshire is Like Owning an ETF
Due to its large swath of companies, it owns Berkshire outright, and its investment portfolio is essentially a large index ETF, except you don’t have to pay fees. Berkshire’s current equity portfolio consists of 44.5% in technology companies, 30.3% in Financials, 12.7% in consumer staples, 4.7% in consumer discretionary, and 3.3% in telecommunications.
And better still, no distributions of any kind, so 100% of your holding grows tax-sheltered until you sell.
by Bylo Selhi
08 Mar 2024 08:48
Forum: Financial News, Policy and Economics
Topic: Clippings 2024
Replies: 129
Views: 10330

Re: Clippings 2024

https://www.reuters.com/world/uk/uk-equity-dark-age-reflects-alarming-desertion-mike-dolan-2024-03-08/ Also this double-whammy: UK savers took 24.3 billion pounds out of all funds in 2023 - the second consecutive year of net withdrawals and the only two such years ever recorded. The relative attraction of higher interest rates in cash savings accounts was partly to blame. But the really alarming bit is a record 14 billion pound exit from UK equity funds - the eighth straight negative year since the Brexit vote in 2016, outstripping a dire 2022 outcome and continuing a bleed that long precedes the recent rise in interest rates. While there was some switching to money market and fixed income funds last year, index tracking funds also saw a h...
by Bylo Selhi
08 Mar 2024 08:41
Forum: Taxing Situations
Topic: Capital Gains splitting?
Replies: 7
Views: 441

Re: Capital Gains splitting?

runningman wrote: 08 Mar 2024 00:06 Is it possible to split capital gains with a spouse? Or must it be one taxpayer filing?
Yes, according to the attribution rules.

It's a good idea to send CRA a letter in which you advise them that the CGs are being split and the percentage you've attributed to each partner. You can do this online using MyAccount.

If you've held these securities for many years and the split isn't 50/50 then it may be difficult to provide documentation as back up. In general CRA will accept reasonable estimates, perhaps based on the ratio of each partner's income.
by Bylo Selhi
08 Mar 2024 08:14
Forum: Community Centre
Topic: Day hikes in the Canadian Rockies
Replies: 19
Views: 607

Re: Day hikes in the Canadian Rockies

nisser wrote: 07 Mar 2024 22:06 If you stick to the "highly recommended" hikes in their book, you probably won't go wrong but they also happen to have an "avoid these" section which had a lot of misses.
My 1998 edition lists both Akamina Ridge and Rowe/Lineham Ridge as 4* and both Crypt Lake and Carthew/Alderson as 3*. Their only "criticism" of Crypt is that it get crowded, characterising it as Disneyland in the summer. If I had four days in Waterton those would be the trails I'd do. I appreciate that forest fires may have impacted trail openings and routings, just as beavers regularly re-engineer trails in these parts.

(I can't comment on the trails in Waterton that they say to avoid because I took their advice and avoided them :lol: )
by Bylo Selhi
08 Mar 2024 07:58
Forum: Community Centre
Topic: Nurse Practitioners / Physician Assistants
Replies: 94
Views: 2675

Re: Nurse Practitioners / Physician Assistants

Since we've already digressed beyond NP/PA, here's "relevant" clip from my favourite political TV show from the 1980s. How little has changed 40 yeasr later...

by Bylo Selhi
08 Mar 2024 07:51
Forum: Community Centre
Topic: Nurse Practitioners / Physician Assistants
Replies: 94
Views: 2675

Re: Nurse Practitioners / Physician Assistants

One of my patients was treated by a pharmacist for a "UTI". Ended up being bladder cancer 3 months later. 1. My mom was an almost 90-yr-old frail senior at the time so the issue was moot. 2. If you want to be critical, then why did her FP suggest a urine test rather than something more thorough? (Perhaps because of 1.) 3. My points are that (a) it shouldn't take all day (and some of the night) to get a simple urine test to confirm a UTI. (b) for a frail senior this length of time sitting in an ER amounts to a form of torture. (c) this is in the 10th largest metropolitan area in the country; I'd hate to imagine how long it would take in more rural settings. Added: (d) surely there must be faster, cheaper and more efficient ways to...
by Bylo Selhi
07 Mar 2024 21:59
Forum: Community Centre
Topic: Day hikes in the Canadian Rockies
Replies: 19
Views: 607

Re: Day hikes in the Canadian Rockies

Crypt lake in waterton park is worthy of going. Be sure to read the sign at the trailhead. (Unless of course the bears took it down.) No more tears Get a room in pincher creek and drive down unless you can find something decent in Waterton. What, the Prince of Wales isn't good enough for you? :lol: The book that Bylo recommended is very overrated. The couple that wrote it is very opinionated and I didn't find I agreed with a lot of their advice. Some of the hikes they advise to avoid I highly liked. They have a weird set of criteria on how they rate hikes and I don't particularly agree with them. I found it very useful for a newbie. Most of the recommended trails were great. But yeah, highly opinionated so maybe not to everyone's taste (or...
by Bylo Selhi
07 Mar 2024 15:41
Forum: Community Centre
Topic: Day hikes in the Canadian Rockies
Replies: 19
Views: 607

Re: Day hikes in the Canadian Rockies

Part B of your trip could also include Waterton Lakes National Park, 3 hours south of Calgary. If so, get on accommodation right away as the townsite is small and beds can become scarce. Premier hike is Crypt Lake - boat journey across the lake and about three hours uphill to a secluded lake in its own snow-fringed cirque. It is magnificent. Also very good is Rowe Lakes and Lineham Ridge, off the Akamina Parkway. At least part of this probably suffered from the fire in 2017, so I don't know what it's like currently. [We did it in 2006, but nature was rapidly re-establishing itself last time we visited the park in 2020]. The road was closed for some time, but is open again now. +1 I'd make Waterton Part A (B and C too if you've been to Banf...
by Bylo Selhi
07 Mar 2024 11:27
Forum: Taxing Situations
Topic: GIC Taxation
Replies: 27
Views: 1771

Re: GIC Taxation

willowberry wrote: 07 Mar 2024 10:04 Interesting, I got a T5 from TDDI for interest earned on a US HISA - they converted it to CDN on the T5.
This is normal. They've been doing that for years.

The Summary that follows the T5 should say, "Currency/Devise: CAD".
by Bylo Selhi
07 Mar 2024 09:06
Forum: Under the Mattress: Protecting Your Money
Topic: Best Credit Card (2021 - 2025)
Replies: 515
Views: 33152

Re: Best Credit Card (2021 - 2025)

adrian2 wrote: 07 Mar 2024 08:28 I use Wise extensively, but never, ever, paid an Interac fee.
Got my CAD Wise account credentials from them, and push/pull from Tangerine/Simplii for nada.
Also EQ Bank.
by Bylo Selhi
07 Mar 2024 07:34
Forum: Community Centre
Topic: Nurse Practitioners / Physician Assistants
Replies: 94
Views: 2675

Re: Nurse Practitioners / Physician Assistants

A friend was stuck in a similar situation waiting for a big downtown TO hospital. We told her about my hip replacement at Markham-Stouffville Hospital, mentioned above by Bylo, and she got her surgery within a few months after several years of agony. Ms Bylo got her new hip at M-S three weeks ago. She became independent (i.e. no longer needing me to assist with mobility after week. She's been driving on her own for almost a week now [the left hip was replaced.]) My optometrist told me my cataracts needed removal, said it was a routine case and offered to refer me to a surgeon in the high volume cataract replacement assembly line run by Markham-Stouffville and Toronto's North York General in an old north Toronto hospital that was going to b...
by Bylo Selhi
06 Mar 2024 17:59
Forum: Community Centre
Topic: Nurse Practitioners / Physician Assistants
Replies: 94
Views: 2675

Re: Nurse Practitioners / Physician Assistants

brucecohen wrote: 06 Mar 2024 17:31the fourth, a huge regional hospital that typically has a lot of high priority complex and trauma cases.
Markham-Stouffville OJAC?
by Bylo Selhi
06 Mar 2024 15:37
Forum: Under the Mattress: Protecting Your Money
Topic: High interest savings, GICs and MMFs (2024)
Replies: 200
Views: 16778

Re: High interest savings, GICs and MMFs (2024)

chrisw wrote: 06 Mar 2024 14:19 I got offered 4.25% from Tangerine. Yay.
According to people on RFD the offered promo rates in March can vary between 4% and 5.25%, while the end dates can be 31Jul or 31Aug. (And of course those who lose the lottery get only 0.7%.)

No one has been able to determine how TING determines who gets offered what for how long. It's either inscrutable or totally random.
by Bylo Selhi
06 Mar 2024 15:30
Forum: Community Centre
Topic: Nurse Practitioners / Physician Assistants
Replies: 94
Views: 2675

Re: Nurse Practitioners / Physician Assistants

SQRT wrote: 06 Mar 2024 10:06 Canada is rapidly becoming a poster child as to why single payer socialized medicine often doesn’t work very well. It’s our own fault.
Fun fact. The US also has a "single payer socialized medicine" system. It's called Medicare. It's for those over age 65. And it works.
by Bylo Selhi
05 Mar 2024 22:26
Forum: Community Centre
Topic: Nurse Practitioners / Physician Assistants
Replies: 94
Views: 2675

Re: Nurse Practitioners / Physician Assistants

ghariton wrote: 05 Mar 2024 22:07Yes indeed.
And if we had a "universal" "single-payer" medical system as advertised there would be no need for extended health care insurance, the new dental and pharmacare, etc. And the new dental care system wouldn't get clawed back for "high" income taxpayers nor would the new pharmacare be limited to only two conditions, only one of which is medical, etc. Perhaps we all ought to reread 1984[+40].