parvus wrote:Perhaps because facilitating a trade is not the equivalent of financial advice, do you think?
AltaRed wrote:RBC Direct Investing has just introduced a Community tab. Essentially a discussion forum for RBC DI clients. Until one gets an activation code, there is no way to see what it will all do, or what RBC thinks they will get out of it..... more clients?
adrian2 wrote: Social media is critical for our brand, why don't we host it under our own control?
AltaRed wrote:adrian2 wrote: Social media is critical for our brand, why don't we host it under our own control?
Not sure what you are getting at. The RBC offering appears to be accessed only within their secure website, although that does not make a lot of sense. Will have to wait for the activation code to see what this is all about.
In response to your request, we are pleased to invite you to join the exclusive group of pioneer members who are participating in the Beta release of the RBC Direct Investing Community.
Joining the Community is easy. Once you are signed into the RBC Direct Investing online investing site:
o Click on the Community tab
o Click on I have an invite code
o Enter ****** into the Invite Code field
o Follow the steps to complete your registration and begin connecting with other investors.
By joining now, you will not need to complete the registration process again when the Beta period has ended.
Please note that certain information such as your enrolled portfolio holdings will not be visible in the Community until you have been registered in the Community for at least one full business day. Also, your returns, risk adjusted return and standard deviation will be calculated after the relevant goals have been enrolled for at least two consecutive business days.
We thank you for choosing to join. We look forward to receiving your feedback through the Forum section to help us improve the Community experience during the Beta period.
I ran into that last year (and reported it here somewhere). They removed the interest charges when I enquired.When I received my statement I had been dinged for interest charges on the amount due from the funds, because the settlement time involved 5 calendar days (weekend included)
GICs are purchased for same-day settlement. Investors who sell stocks or bonds with "T+3" settlement should generally wait until the funds are in their account before purchasing GICs.
Shakespeare wrote:In consequence, I added a warning to the finiki entry. Guaranteed Investment Certificate - finiki, the Canadian financial WikiGICs are purchased for same-day settlement. Investors who sell stocks or bonds with "T+3" settlement should generally wait until the funds are in their account before purchasing GICs.
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