Datasets:

alvanlii

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reddit-CanadianInvestor

like 2

1gv9mph

https://youtube.com/@canadianfinancepro?si=NOtZ2TreM4a9OnMp Just wondering if anyone had come across his YouTube and could comment on whether this might be a good source of information for learning to invest as a Canadian. Appreciate any advice!

a_guy_in_ottawa

Looking for help investing and came across this YouTube channel. Any feedback on this guy?

/r/CanadianInvestor/comments/1gv9mph/looking_for_help_investing_and_came_across_this/

1gvbkss

Edit: Thanks for the great advice everyone, I’m sticking to my plan. No gambling. Upgrade my income first. Keep this strategy going with more money. I’m 27, and started investing last year after paying off my debts. My portfolio is mostly VFV, and a few companies that I believe in. Google, Amazon and Enbridge. About $10k all together. 60% VFV. I see all these kids who are 20 and they’re turning 100%, 200% profits in like 2 months. Options with insane gains, just makes me question myself. What opportunities are they seeing that I’m not? People keep investing in horribly run companies that make no money and they’re coming out of their positions as a millionaire. Every time something like Tesla goes to the moon, I think wow it’s so overvalued that it’s stupid. And then the next day it goes up another 30%. What? Next day another 10%. What am I doing wrong? Everything I learned so far is contradicting with reality. I’m seriously considering being more aggressive in the market and be okay with risking some money to potentially make bigger gains. I can’t see myself retiring before 60 unless I increase my job income 2x-3x. My monthly expenses are around $1300 including rent and everything else. I live as frugally as I can. Not married, no kids, no mortgage. I make 43k grand post tax and deductions. Do you guys think it’s a good time for me to be take a few risks? By risk I mean stopping/decreasing my contributions to VFV for a bit and increasing my individual holdings. Adding 1-3 companies that are fundamentally strong and maybe 1 risk play at a time. I’m trying so hard to resist the urge to invest in the meme stocks, to see if I can ride the bull and sell. My gains are 20% in the last year, while S&P is 30% up on the same time period as I made some mistakes when I started. I haven’t lost any money since I started playing it safer. I just feel like an idiot. Any advice is appreciated

HarvesterOfReveries

My Gains are Not Bad But I feel Dumb

/r/CanadianInvestor/comments/1gvbkss/my_gains_are_not_bad_but_i_feel_dumb/

1gvbnxo

I am the executor for my brothers estate and will have to liquidate 20 or so GICs at RBC Direct Investing. It will be some time until the will is probated, and I can actually do it, but I would like to start thinking about the pros and cons of the options that RBC has provided. They are: 1. SELL all assets at market price 2. SELL all GICs on the secondary market 3. REDEEM all GICs at par value with a fee of $100 per GIC I am not sure what the market price really is, but I can see from my brother's statements that each one has a market price beside it. Not sure of the value of selling or risk of selling on the secondary market. Also not sure what par value is, but in each case the market value listed is higher than the original purchase cost. Any thoughts are appreciated. This is all new to me, as I have only traded in ETFs, mutual funds, and stocks. They seem very simple compared to this task of liquidating a whole bunch of GICs of different terms and different institutions. This along with 7 multi page forms that have to be filled out is making this a pretty daunting task. I am starting to see why executors get paid up to 3% if the estate value. Makes no sense in my case however as I would be just moving money from one pocket to another...

UniqueRon

Any Experience with GIC trading?

/r/CanadianInvestor/comments/1gvbnxo/any_experience_with_gic_trading/

1gvcxxm

Would be great to have a palantir cdr. Anyone know of an etf with alot of palantir exposure?

Maleficent-Star-2953

Palantir

/r/CanadianInvestor/comments/1gvcxxm/palantir/

1gvh2zl

Interesting article and checklist from RBC about the three different CRA registered investment accounts

real_ikonn

Article on TFSA vs RRSP vs FHSA

/r/CanadianInvestor/comments/1gvh2zl/article_on_tfsa_vs_rrsp_vs_fhsa/

1gvk72f

Successful-World9978

TradingView Premium - Free Edition (Desktop, PC, Windows)

/r/CanadianInvestor/comments/1gvk72f/tradingview_premium_free_edition_desktop_pc/

1gvmxa3

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OPINION_IS_UNPOPULAR

Daily Discussion Thread for November 20, 2024

/r/CanadianInvestor/comments/1gvmxa3/daily_discussion_thread_for_november_20_2024/

1gvnex5

What is the BMO equivalent to XEQT? Thanks

No-Document5447

XEQT equivalent

/r/CanadianInvestor/comments/1gvnex5/xeqt_equivalent/

1gvnkso

Hi all, I was wondering if anyone takes the avg volumes in to consideration when investing? For eg, I was looking at corp class etfs (for eg: HULC.TO) which seem very interesting but they have very low avg volumes in between 300-1500 Would this be concerning and something to stay away from in the event I cannot liquidate them in the future? Thanks!

johnnyk997

Avg Volumes

/r/CanadianInvestor/comments/1gvnkso/avg_volumes/

1gvp0dz

I can't seem to find a clear answer (with source).   **Given**: Holding US-listed securities in a TFSA will not skirt US withholding taxes in a TFSA as the USA does not recognize TFSAs as a tax-free vehicle (unlike an RRSP, which it does recognize)   **Question**: While dividends/distributions from US-listed securities in a TFSA are subject to US withholding tax regardless. What happens to capital gains upon selling the security years later? Will you be served with some sort of notice that taxes are due back to the USA from the capital gain? My instinct is "no", but I can't seem to find that stated explicitly anywhere, curious if anyone else know where that scenario is spelled out or would be able to explain why it wouldn't happen. Thanks.

-Axle-

Capital Gains Treatment for VOO/VFV/VSP in TFSA?

/r/CanadianInvestor/comments/1gvp0dz/capital_gains_treatment_for_voovfvvsp_in_tfsa/

1gvruxj

Hello everyone, I am wondering, is it better to add a fixed income ETF to XEQT (95% of my portfolio) like ZAG or would it be better to sell all my XEQT for XGRO? I am getting closer to retirement (8 years) and I want to include fixed income - for the sake of diversification! (even though I have a government pension fund). Thanks!

grossepouf

XEQT + Bonds Etf or Xgro?

/r/CanadianInvestor/comments/1gvruxj/xeqt_bonds_etf_or_xgro/

1gvt15n

I’m 27 years old, and have previously been terrible with money. I got out of debt this year and owe nothing, and finally have a couple grand in my accounts. I have 1.2k in a 4% GIC, 1.3k in a TFSA Savings Account, 2.5 in normal saving. I want to start to get into money to start growing and was looking at TFSA investments with Wealthsimple and Tangerine but I’ve been warned not to keep all your accounts with one bank. But I like the idea of it being managed for me because I don’t understand stocks well. I’ve tried reading Millionaire Teacher and Economics for Dummies, and the main idea seems to be Index Funds. But I don’t know which ones to invest in or how much to start. I’m trying to get better at limiting my expenses and growing my extra income, but any advice on how to start this journey would be greatly appreciated. Thanks

melodramaticnewguy

Where to start?

/r/CanadianInvestor/comments/1gvt15n/where_to_start/

1gvt6ng

I know that it is more favourable to hold US ETFs like VOO instead of VFV in my RRSP because of the withholding tax. But is there an advantage to be holding US based ETFs in my non registers account or should I just be buying the Canadian equivalent (in this case VFV over VOO)?

rteazee

US ETFS and Stocks in Non Registered Account

/r/CanadianInvestor/comments/1gvt6ng/us_etfs_and_stocks_in_non_registered_account/

1gvvk8j

Anyone who has done this, were you considered a tax resident in the above situation even if you lived outside canada beyond 183 days?

Personal_Engineer_29

Renting out a home in canada while living abroad

/r/CanadianInvestor/comments/1gvvk8j/renting_out_a_home_in_canada_while_living_abroad/

1gw43jf

A review of historical CAD/USD data reveals a dramatic rise in trading volume from near-zero levels a decade ago to approximately 40,000 recently. What factors could have driven this surge? Additionally, I'm curious about the unit of measurement for this volume. I'm guessing it is the number of contracts? If so how much dollar amount would likely to have been transferred?

ImDoubleB

CAD volume

/r/CanadianInvestor/comments/1gw43jf/cad_volume/

1gwdoc6

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OPINION_IS_UNPOPULAR

Daily Discussion Thread for November 21, 2024

/r/CanadianInvestor/comments/1gwdoc6/daily_discussion_thread_for_november_21_2024/

1gwfhij

24 years old living in BC. i currently have $3 000 invested in a low/medium risk mutual fund through my credit union in an rsp account. i contribute $250 a month into this account. the funds MER is 2.32% and average return over the last 10 years is 4.8%. correct me if im wrong but none of this sounds appealing to me looking back, however its called NEI select growth and income RS portfolio so maybe the income emphasis pulls it? i earn $125 000 a year and thats likely to increase a little closer to $200 000 a year throughout my career. i have a union pension my employer contributes $7/hour towards and 4 years in already have just under $500/month built up. the guy at the credit union initially suggested a tfsa to me because of my pension making me a high earner in my retirement but he switched to an rsp mindset upon me telling him my anual income. i also have a mortgage with a balance of $390 000 to pay ($2 160/month) if this matters talking to my foreman and a few other guys at work. my foreman said mutual funds are the worst and an ETF will have much lower fees that will help everything compound more and the guys have me worried that my union pension which will have decades of growth by the time i retire will make my rsps get taxed like theres no tomorrow. this all have me thinking though. is an rsp *really* better than a tfsa for my scenario and is this mutual fund some junk i need to get rid of and restart with ETFs? TIA

sharknado__

please help my rsp (or tfsa?!)

/r/CanadianInvestor/comments/1gwfhij/please_help_my_rsp_or_tfsa/

1gwjvj1

Hello! I'd really like to invest in Archer but it is only on the NYSE. Is there a way to do this in Canada? I'm using Wealthsimple and am only a few days into investing. Should I go into the NYSE? How do you manage your interest in American companies as a Canadian?

Loudnoutakey

Archer Aviation in Canada?

/r/CanadianInvestor/comments/1gwjvj1/archer_aviation_in_canada/

1gwkspq

I have shares in this etf. I want to sell and move my money to another bank. Will I lose my payout if I sell before the end of the month or is it pro rated to when you sell?

Technical_Feedback74

ZST

/r/CanadianInvestor/comments/1gwkspq/zst/

1gwncch

WealthSimple is now offering Covered Calls. Has anyone tried this service and how does it compare with other brokerages?

ron724

WealthSimple Covered Calls?

/r/CanadianInvestor/comments/1gwncch/wealthsimple_covered_calls/

1gwthmt

Hi folks! Looking for some advice. I'm upgrading from a townhome to a detached home in January. Both deals are firm. I will be setting aside 100k from the sale of my current home to finish the basement in the new home and potentially install a fibreglass pool. Where should I temporarily park 100k? It will definitely be going into my wife's TFSA (up to her max contribution limit). In searching this post, I have seen CASH.TO and CBIL come up quite a bit. I would be grateful for any advice. Thank you.

Hotmeal82

Where to temporarily park 100K?

/r/CanadianInvestor/comments/1gwthmt/where_to_temporarily_park_100k/

1gwuq9u

Please give me a simple answer. I am just a simple man.

kManRelax

I’ve 10k to invest now. XEQT or XWD or XAW, which one should I put all my money into for long term investment?

/r/CanadianInvestor/comments/1gwuq9u/ive_10k_to_invest_now_xeqt_or_xwd_or_xaw_which/

1gwvd5v

Here is my situation. I (51yr) am about to retire and live off a defined benefit pension of 70k a year. My wife (45yr) has a full time job and makes 85k a year. We live in Canada own our home and have zero debt right now. I have 65k in a low risk RESP with BMO. My child just started university. We have 285k in a medium risk mutual fund (RRSP). I just inherited about 200k and I'd like to invest this to have about 75k ready for withdrawal in the next 5 years and the rest for withdrawal perhaps in the next 15 years. I have some small amounts in WS in ETFs (XEQT, XBAL, VGRO and XSP). What would would be a good investment strategy. I will be moving the mutual fund over to WS at some point soon as well.

IntroductionOk5386

Looking for investing advice

/r/CanadianInvestor/comments/1gwvd5v/looking_for_investing_advice/

1gx0wap

Brief background: Fintech professional and recently conducting workshops on any topic related to financial markets and options trading. Just want to rant on not being able to find a investor to back me up on my trading startup. Got caught in Catch 22 :)

Sea-Butterscotch-243

Feeling frustrated for not finding any investor

/r/CanadianInvestor/comments/1gx0wap/feeling_frustrated_for_not_finding_any_investor/

1gx5a1x

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OPINION_IS_UNPOPULAR

Daily Discussion Thread for November 22, 2024

/r/CanadianInvestor/comments/1gx5a1x/daily_discussion_thread_for_november_22_2024/

1gxcz0i

Yea let me go grab TWO friends that can both shell out $100k just so that I can get a free phone.

Heldpizza

This Wealthsimple promo is so out of touch

/r/CanadianInvestor/comments/1gxcz0i/this_wealthsimple_promo_is_so_out_of_touch/

1gxey4s

I've started to invest using Wealthsimple and want to know your guys' opinions on VFV/XEQT I only have about $750 invested right now and like $8,000 just sitting in a TFSA account with almost zero interest in my bank account because I'm still not super educated. The $750 I have invested currently is strictly in VFV/XEQT

According-Kale-8

Newer investor

/r/CanadianInvestor/comments/1gxey4s/newer_investor/

1gxi8ej

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OPINION_IS_UNPOPULAR

Weekend Discussion Thread for the Weekend of November 22, 2024

/r/CanadianInvestor/comments/1gxi8ej/weekend_discussion_thread_for_the_weekend_of/

1gxjw3x

Hi everyone. I am new-ish to investing and new to this sub. I was hoping for some advice from you please. I am selling all of my TD e-series funds \~$45k and purchasing XGRO $45k instead. I was planning on 'market' selling the e-series funds all at once and 'market' buying the XGRO all at once. However, I have learnt in this sub that sometimes there is a disadvantage to market selling and buying versus limit buying and selling. If I limit sell should I put the limit as one cent more than market at the time I am selling or one cent less? Same question for limit buying the XGRO. Any and all advice is welcome. Thank you for your time. Thank you also for all of your great posts and discussions. I have learnt a lot through this thread in a short period of time. All the best.

CussyTooTussy

Advice please ! Market or limit sell TD e-series and market or limit buy XGRO?

/r/CanadianInvestor/comments/1gxjw3x/advice_please_market_or_limit_sell_td_eseries_and/

1gxl6e8

So every company selling this stuff is going to have to buy new software or modify theirs to deal with this! And for 1 time for 2 months with ONLY 3 weeks to somehow get it done! This government is next level insane!

True_Information_256

Canada's tax relief plan: Who gets a cheque?

/r/CanadianInvestor/comments/1gxl6e8/canadas_tax_relief_plan_who_gets_a_cheque/

1gxlwcb

https://www.cnbc.com/2024/11/22/synapse-bankruptcy-thousands-of-americans-see-their-savings-vanish.html

fungosbauux

can this happen to Wealthsimple?

/r/CanadianInvestor/comments/1gxlwcb/can_this_happen_to_wealthsimple/

1gxmawu

I currently have about 80% of my TFSA and RRSP invested in US stocks through National Bank Direct Brokerage, and am using Norbert’s Gambit for currency conversions. I’m considering transferring my holdings to Wealthsimple to take advantage of their Apple promo for transfers over $100k. However, I’m concerned because Wealthsimple might not support Norbert’s Gambit, which is crucial for saving on conversion fees. Is the Apple promo worth it if I lose the ability to perform Norbert’s Gambit? Any insights or experiences with Wealthsimple regarding this would be appreciated.

NoCat8136

Is it okay to shift my Predominantly US stock portfolio from National Bank to Wealthsimple for the Apple promo?

/r/CanadianInvestor/comments/1gxmawu/is_it_okay_to_shift_my_predominantly_us_stock/

1gxp8ev

I Have a National Bank Direct Brokerage CAD TFSA account, in which I can buy US companies like TSLA (Tesla), INTC (Intel), NVDA (NVidia) . each time I buy / sell the symbol, am I secretly paying an extra currency conversion tax?

LCSart

Buying US-based companies in CAD TFSA account

/r/CanadianInvestor/comments/1gxp8ev/buying_usbased_companies_in_cad_tfsa_account/

1gxpwkj

I'm up 35% YTD I invested mostly in VEQT, but I got lucky with leveraged Chinese ETFs in October

-SuperUserDO

What's your YTD return so far and what did you invest in?

/r/CanadianInvestor/comments/1gxpwkj/whats_your_ytd_return_so_far_and_what_did_you/

1gy14r6

The ETF is ARKVX, if anyone could point me in the right direction it would be greatly appreciated!

Content_Ad_4516

Trying to figure out how to buy a specific America ETF

/r/CanadianInvestor/comments/1gy14r6/trying_to_figure_out_how_to_buy_a_specific/

1gy8ojy

Hey yall. I have some money in my Binance wallet and would like to withdraw it and transfer it to my Canadian bank account, or at the very least, transfer it to another investing app like wealthsimple. Any idea on how to do that? Thanks.

benaner

How to withdraw money from Binance in Canada?

/r/CanadianInvestor/comments/1gy8ojy/how_to_withdraw_money_from_binance_in_canada/

1gy9zcp

Out of curiosity, I asked ChatGPT what the average RRSP amount is that people have saved by age. I’m surprised at the results (if this is even accurate). I am late 40s have $400k in my RRSP. I did this by always putting in the maximum and never withdrawing from it. I live a frugal lifestyle and work crazy hours. Not sure if that sacrifice is worth it, but genuinely curious where I stand. How much do professionals in their late 40s have in RRSPs on average.

Ok_Holiday3814

How much should one have in RRSP by age?

/r/CanadianInvestor/comments/1gy9zcp/how_much_should_one_have_in_rrsp_by_age/

1gyaus0

FYI: I am not invested in any Canadian banks nor am I betting against any so I don’t really have any skin in the game I have seen a lot of stuff online about the housing market bubble in Canada and how the banks are very exposed because of all the mortgage debt they hold on both residential and commercial real estate in Canada. Some of these loans are guaranteed by the CMHC I think like 30ish percent but I forget the exact amount honestly. Does anyone on here know anything else about this and how exposed the banks are if they're exposed at all? Could this lead to a 2008 type of scenario? From what I have been seeing they have been issuing out riskier and riskier mortgages over the last couple years and immigration has been helping prop up the housing market which could have the reverse effect as immigrants begin to leave the country. Maybe this is all nonsense and I'm missing something. Please let me know what you think. Thank you

Latter_Effective1288

Risk in the Canadian banking sector/ potential short opportunity?

/r/CanadianInvestor/comments/1gyaus0/risk_in_the_canadian_banking_sector_potential/

1gybvku

I’m a dual US-CAN citizen who recently moved from the US to Canada. I have an E*TRADE account in the US from my former employer with ESPP and RSU shares. I’m wondering if any other expats here suggest moving the stocks to a Canadian account or leaving it in the US? Maybe not the right place to ask re tax implications but if anyone has insight would appreciate that too.

Canadian_Lumberjack_

Keep Stocks in U.S. or move to Canada?

/r/CanadianInvestor/comments/1gybvku/keep_stocks_in_us_or_move_to_canada/

1gyertx

It traded steady at $51.99 all day before finally settling at $51.97. No variation.

klunkadoo

Why did ZEQT trade at the same level all day yesterday?

/r/CanadianInvestor/comments/1gyertx/why_did_zeqt_trade_at_the_same_level_all_day/

1gyqy24

Upon searching, series F means it’s available through a paid broker. But these series F funds are available on bmo investorline so I can buy them on my own. So, why does series A ever exist? Series A’s MER is 3x more than series F.

chocobroccoli

BMO series F mutual funds have 1/3 MER of series A. What’s the catch?

/r/CanadianInvestor/comments/1gyqy24/bmo_series_f_mutual_funds_have_13_mer_of_series_a/

1gysmcc

How do folks withdraw from their BMO Investorline who do not have a BMO chequing account? (If it matters, specifically TFSA). I do not bank with BMO, so the last coupe of times I withdrew funds from my TFSA I had to phone (no chat/electronic request mechanism) and request a paper cheque be snail mailed via Canada Post. And pay $10 for the privilege of having to call during support hours, being on hold, and hoping my piece of untracked paper did not get lost in the mail. I may withdraw once every other year. I do not want to open a $4 / month chequing account at BMO just to access a more secure means of withdrawing funds. Am I missing some secret handshake or button that allows me to sign on to my TFSA and send funds to an account at another bank (you know, like how I send money into my TFSA ) ?

ehud42

Safe & Cost effective way to withdraw from BMO Investorline TFSA

/r/CanadianInvestor/comments/1gysmcc/safe_cost_effective_way_to_withdraw_from_bmo/

1gyu1us

cabezonlolo

Portfolio distribution feedback. Simplify and go XEQT or leave?

/r/CanadianInvestor/comments/1gyu1us/portfolio_distribution_feedback_simplify_and_go/

1gyvkvm

New to investing. In my TFSA I have about $15,000 invested between XEQT and VFV I want to open an RRSP, should I invest in the same ETFs?

Familiar_Face_2554

Should I keep the same ETFs in my RRSP and TFSA?

/r/CanadianInvestor/comments/1gyvkvm/should_i_keep_the_same_etfs_in_my_rrsp_and_tfsa/

1gyw4zv

From what I understand, VFV has a lower dividend yield compared to SPY/VOO because it includes the withholding tax paid by the fund. But then you as an investor holding VFV still have to pay taxes on those dividends that have been already been taxed. Whereas if you held SPY/VOO, the 15% withholding tax you pay can be used as a tax credit against the dividends you receive. Isn't SPY/VOO the obvious choice in terms of non-registered accounts?

throwawaywinnercar

Aren't you paying more tax on dividends by holding VFV than SPY/VOO(non-registered)?

/r/CanadianInvestor/comments/1gyw4zv/arent_you_paying_more_tax_on_dividends_by_holding/

1gywx6y

I am saving to buy a house and putting $8000 a year into a managed FHSA at 5/10 risk at the end of each calendar year. So far it's only grown about 1%. Is there a strategy where I can place the money as I build it elsewhere from Jan-Dec (e.g. in TFSA) where I'll see more growth for those 11-12 months? I have one $5000 loan at 9%, credit cards are kept at 0 balance. I make $85000 a year pre-taxes. The FHSA is the best savings option for me since amounts contributed are tax free and tax deductible. I get around 30% invested back in income tax return from my FHSA, so throwing everything I can in there seems to make more sense than rushing to pay off the 9% loan.

Puzzleheaded_Cell428

Best 1-year investment portfolio?

/r/CanadianInvestor/comments/1gywx6y/best_1year_investment_portfolio/

1gyz98y

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OPINION_IS_UNPOPULAR

Overnight Discussion Thread to Kick Off the Week of November 24, 2024

/r/CanadianInvestor/comments/1gyz98y/overnight_discussion_thread_to_kick_off_the_week/

1gz0jm7

This is going to be long, but really hoping someone may offer some guidance. There is a lot of background information that makes my situation unique, so I have tried to make it as easy as possible for you to digest with the headings below. This whole issue is causing me so much anxiety that right now I can’t see the way forward, or even to decipher how realistic or unrealistic my expectations moof getting into a dream home might be. I am not as well-versed in investing like most of you here are. I’m in my late 40s, never learned any of this stuff in school. Went into a professional field (working corporate), then took an investing course through U of C last year. I save as much as I possibly can and feel that my spending habits are less than average. I have zero debt, no mortgage, car was paid cash, and my approach to life has always been that if I can’t afford it with what I have saved, then I can’t have it. (And yes, I am working with a financial advisor as well, but would appreciate some outside input). **Here’s my issue:** I live in Calgary, grew up in Canmore. Been in a downtown condo for over 20 years (purchased for $220k, identical units in building now selling for $350k, so poor appreciation). It has always been my dream to move back to Canmore once I retire. Throw in a pandemic and opportunity for remote work, and that had me start looking into that further in 2020. Looked at an absolute dream place in summer 2020 - new build, South Canmore location, south-facing, vaulted ceilings, lots of daylight, garage, pantry (compared to 900sq.ft. condo in 100+ unit downtown building). Price was $900k. At the time I could have withdrawn my investments, TFSA, savings, essentially everything but RRSP to minimize a mortgage. The rate I was quoted for 5-year fixed was 1.02%. Instead (**and this is now my biggest life regret**), I figured I’ll work an extra six months to save up another $50k first, then buy a fourplex unit there, move, and work remotely 3-4 days a week (which long-time employer of 15 years was good with. Most my projects were out of Province with online meetings even before pandemic). But then real estate prices skyrocketed. The same $900k place is now pushing $1.4m. Places now in the $800k range will get you around 700 sq.ft. I am particular in the sense that I now want more space [around 1,400 sq.ft] to have a guest bedroom, space for gear and hobbies, a pantry, a garage). I absolutely do not want to move into an apartment-style condo again. **And here’s some unique factors:** **Summary of My Assets:** - $350k home - $425k RRSP - $175k TFSA - $555k investments - $50k cash - = $350k home and $1.2m savings/investments I am single, have no family, no other financial obligations other than what I choose for myself. My credit score is 874. **Future Additional Assets (Inheritance):** I absolutely hate mentioning this and prefer it to not be a factor in any of my calculations, but as I think it’s significant, I will mention it here. There are no relatives other than my dad, who is in his late 70s. I will be the sole beneficiary. I will be the executor, and even now have power of attorney as I take care of all his financial things (he’s old school, retired, and after my mom passed away over 10 years ago, that all fell on me). Like me, he also has zero debt. His assets are: - $650k - Main home in Alberta - $350k - Second/weekend home in BC - $200k - Vacant property - $1.4m - Investments (he is super conservative, only been netting 3%) - $105k - TFSA - $1.1m - In holding company. Don’t know how to deal with this. It’s basically the business he retired from suddenly after my mom was sick and passed away. Need to develop a succession plan with accountant to get these funds out of there I believe). - *= $3.8m* (less any taxes on capital gains [believe currently there’s about $100k unrealized in there]) and whatever else I’d be faced with upon inheriting, closing the business, etc. **Expenditures:** I track all of my financials and over the last year my annual expenditures have varied between $45k and $52k. This includes absolutely everything: condo fees, insurance, utilities, repairs, vehicle, maintenance, food, clothes, credit card, travel, etc. Credit card is paid off monthly. **My Life Situation:** I obviously grew up very fortunate in the sense that my parents always taught me to save, that work always comes before play. Possibly even too much. I went to university to get a master’s and have been working professionally in my field for over 20 years now. Salary $140k. RRSP match and bonuses amount to less than $10k/year. No pension. 90% medical coverage. No paid overtime or time off in lieu. For the past ~12 years I have been averaging 60-hour weeks. It is a high-stress environment where it’s constant go-go-go, no breaks, so not like a chill job with just long hours. In those same 12 years I took only three ‘real’ 3-week vacations where I flew overseas. The rest have all been extended weekend camping trips that are driving distance from home. I am burning out and this lifestyle is affecting my health. A month ago I had a mini stroke. It terrified me because I need to be able to take care of myself; there is noone else who could look after me. Thankfully I received great care immediately and have suffered no noticeable effects. The following week I was back to work. The horrible thing was that lying in that hospital bed, waiting for all tests to be done, I actually felt some relief. It gave me a break where it was ok to do nothing for a few hours. I have another (manageable) medical condition that my doctors tell me was likely brought in my prolonged and continuous stress. I check in with a counsellor monthly to try to ‘let things go’ (been doing so for 3 years), tried yoga, meditation classes, etc. Guess I’m just high strung, type A personality, that due to my upbringing can’t best the fact that I need to start putting myself first, not work. And yet I keep putting work first **because I so desperately want to get into that type of dream home and move back to Canmore.** Up until a year ago my best friend and I spent every Saturday (rain, shine, winter, whatever) in the mountains (hiking, XC skiing, scrambling, kayaking, etc). That had been our Saturday routine for 20 years. I am someone who is deeply affected by the environment I am in. I need openness around me, daylight, view, natural materials. I need quiet, I need some darkness. I need my body to come down from this state of constantly being on. A decade ago I thought I’d plan to retire around age 60. A few tears ago I started toying with the idea of 55. Now I feel that if I want to rescue my health, I want to be done at 50. **So, where am I at?** I get a summary of the Canmore real estate listings from a realtor I’ve been in touch with. My parents were in a related industry when I grew up in Canmore, so I like to think I’m well aware of the trends. I look at the monthly statistics. I just can’t see prices ever come down again to any significant degree. Quite the contrary. **What scares me and keeps me up at night is that I feel I’ve missed my chance, and feel defeated. I work as hard as I can, and yet this gap seems to just keep widening with no hope of catching up. It feels like everything I’ve worked for these past 20+ years is moot. I feel that if I don’t get out there soon, in another year I might as well just give up.** For the record, I see the selling price for the real estate out there as well, and they align with the list prices, hardly ever more than a $10-20k difference. Up until recently, most places sold $20-100k above asking. So it’s not like homes in Canmore are listed at inflated prices and then sell for significantly less. If I won the lottery today (which I can’t because I don’t play), I’d quit my career and spring for a $2m place there. **But in all seriousness, with the info above, how realistic is it for me to buy a home in Canmore that is now trending towards the $1.5m range? Am I out to lunch?** And before inheritance gets mentioned, my dad is of the generation that like to see the money in the bank. He doesn’t spend it on anything. The accountant for his business (which is no longer active) and out financial advisor have all mentioned to use some of his assets to purchase a home in Canmore as one day it would be mine anyways. But he doesn’t believe in that. In his mind I need to work myself to death to be worthy. And thank you so much if you have managed to read all the way to the end. It’s been a rollercoaster ride over the years for sure, feeling more recently that I could be soon to retiring early if I just stayed in this place I’m currently at, and yet it’s being here in the city that just doesn’t seem to work with what I want out of life anymore. As a last item, I mentioned at the beginning that I took this investment course through U of C cont ed. Had an absolutely brilliant instructor (who also does financial advising in his business) and been thinking of transitioning everything over to him instead (changed financial advisors within BMO this year as we were seeing 10% losses in 2022). But even transitioning all that seems like a daunting task. That will be my next step - see how to get better returns. My dad, as mentioned, is very conservative, so always has been sitting closer to 3%. He freaks out when he sees downward fluctuations, even if things end up significantly higher after. I am currently at a 12% return for the year, which is significantly higher than my previous years have been. Between that and work I am on track to all my total assets (aside from home) being up 20% overall. I’m not expecting those numbers to continue, and I most definitely can’t keep working like this, but even with 20% returns can’t see how that would even get me up to Canmore real estate prices within any reasonable amount of time. **What are some things I need to consider for a path forward?**

Ok_Holiday3814

A Unique Situation to a Dream Home

/r/CanadianInvestor/comments/1gz0jm7/a_unique_situation_to_a_dream_home/

1gz4bwp

Global X announced distributions for November 2024. So far, CASH and CBIL had similar yields since the OSFI decision on HISA ETFs. But now, it looks like CBIL's yield is way more down than CASH. https://preview.redd.it/e2wztddclx2e1.png?width=839&format=png&auto=webp&s=5d06e7cdda251ac306529fae0e8da3f18298b277

Lightning_Catcher258

CBIL yields down for November 2024

/r/CanadianInvestor/comments/1gz4bwp/cbil_yields_down_for_november_2024/

1gz8pad

I have been doing fairly well investing in VOO in my Canadian wealthsimple account, I was thinking of investing in QQQ for more concentration in Nasdaq stock. I'm aware there's some overlap in 78 securities and VOO tends to be more steady gains and more diverse and pays a good dividend. I am seeing possibly QQQ may overtake VOO in growth long term, of course that's a prediction. Would it make sense to invest 75% in VOO and 25% in QQQ despite the large company overlap and small dividend? Let me know what you think

businessman99

Voo and qqq

/r/CanadianInvestor/comments/1gz8pad/voo_and_qqq/

1gzao9l

Hey guys, so I put 10k into my TFSA account but then I withdrew the fund because I needed to pay off a debt. Does my contribution room reset at the end of the year or did I just lose 10k worth of Contributions room?

Creepy_Comment_1251

Ontario TFSA question

/r/CanadianInvestor/comments/1gzao9l/ontario_tfsa_question/

1gzdsc3

Hello, I’m new to trading and would like advice on which stock to invest in within Canada. I plan to invest $200 CAD from my paycheck every two weeks for a short-term period of about four months. What would be the best stock option for me?

This_Lawfulness9193

Need advice

/r/CanadianInvestor/comments/1gzdsc3/need_advice/

1gzgb72

Your daily investment discussion thread. Want more? Join our new [Discord Chat](https://discord.gg/4Q6mzTWz3D)

OPINION_IS_UNPOPULAR

Daily Discussion Thread for November 25, 2024

/r/CanadianInvestor/comments/1gzgb72/daily_discussion_thread_for_november_25_2024/

1gzhv4j

Hello I am new to trading and had a question I'm hoping someone can help me with: I put in an order last night for VFV (13.9 shares) and it charged me the ask price ($148.17/share). I decided to cancel it and put in an order for an even 13 shares and it charged me about $155/share. I promptly cancelled that order and resent in my 13.9 share order which went through no problem at $148.17/share. Can anyone explain why that might happen? I have noticed it once in the past too with a market buy vs a fractional buy. Thank you for any insights.

DessertRose17

Wealthsimple question

/r/CanadianInvestor/comments/1gzhv4j/wealthsimple_question/

1gzmkda

Hi All, I called BMO Investorline today and got the most up-to-date information on how to do a Norbert Gambit on their trading platform. The most efficient way now is use a dual-listed stock and do a buy & sell (it's a short, but don't use short-sell). The funds in the new currency are avaliable immediately (once the trade is approved). Your account will look weird for the next day or two as the short will clears from your account and everything settles. Others have mentioned this in the past, but I really wanted to verify with with BMO. The old method of using of DLR/DLR.U is difficult on BMO Investorline because the online trading platform no longer handles USD denominated stocks on a Canadian exchange. So you had to call in. Later, S.Lam

slam_to

"Norbert Gambit" on BMO Investorline, finally got some answers from BMO.

/r/CanadianInvestor/comments/1gzmkda/norbert_gambit_on_bmo_investorline_finally_got/

1gzmsp7

I am a US resident, Canadia citizen with RRSPs intact. The RRSPs are currently managed by a wealth management company that has cross-border services. It's been a few years since I set that up, and at the time options were very limited for who to choose. Historically I self-managed it while living in Canada, and today all my other (US) investments are self-managed. So, my question is which brokers allow for cross-border account ownership and trading for RRSPs, and in particular, which allow for self-managed portfolios?

decairn

What brokers for US resident for Canada RRSP accounts?

/r/CanadianInvestor/comments/1gzmsp7/what_brokers_for_us_resident_for_canada_rrsp/

1gznaje

Is there any way to avoid fees, currency conversion? What is the best way to buy? Not putting in enough for Norbets Gambit, so I'm thinking I'll have to take the hit for the regular fee and the CAD to USD.. Just hoping there is another way.

LuRaLeMi

Buying SMCI as a Canadian

/r/CanadianInvestor/comments/1gznaje/buying_smci_as_a_canadian/

1gznt0o

Hey guys, I do a lot of research on Canadian banks and just wanna put some facts out here about what I have heard from my contacts at TD. I worked at TD for years and have contacts across a few different LOB's. **TLDR at bottom.** Bear in the next 4-5 years, bull after that. Before I get into it, here is some background information: **CEOs**: Ed Clark 2000-2014 Bharat Masrani 2014-2025 Raymond Chun: 2025 - (my connections expect him to last less than 5 years) **Other info:** \- Asset cap in United states for two U.S. subsidiaries. Reporting said they will last 10 years. My connections predict that they will last **5-6 years**. \- LOB: line of business \- AML: anti money laundering **1. AML:** Years before it became public, top leadership in the bank knew about the pitfalls in AML, and knew that the bank had a reputation for being a destination for money launderers in the U.S. because of lax internal oversight. Despite knowing this, funding for AML was **FLAT**. In southern U.S. branches, employees joked internally on emails and MS teams messages that the Bank was "Americas most convenient bank to launder money", a play on the motto for American operations. **2. Raymond Chun**: a) *Ray has no U.S. experience:* We need to put the state of TD into context. Most of the bank's growth is from the U.S. So U.S. experience is very important at the senior executive level. Since Ed Clark, everyone believed that U.S. experience was required for the top job. In comes Ray Chun: he has absolutely no experience with U.S. operations. Despite the temporary U.S. asset cap, Ray Chun was surprising to literally everyone outside Bharats Circle. Ray does not have the typical qualifications for the top job. He came from TD Insurance. The current job of **COO is purely a ceremonial role to make incoming CEO's look better.** TD Bank does not have a COO, the individual LOB's have COOs. Ray was seemingly called up from TD Insurance (a kind of purgatory in the bank) to CEO in less than a year. An insurance business is very different than a bank. Many people expected **Leo Salom** to get the top job, but there was concern once the true scale of the AML issues came out, a CEO that was purely in U.S. operations would appear as the bank promoting someone who failed at his job. b) Ray has a reputation inside the bank for not being attentive. More than one of my sources has told me that **Ray** **falls asleep during meetings.** c) Ray is largely believed to have been given the CEO role simply because he has done and said the right things to Bharat. His record running TDI has been fine, but there were a number of better options. They should have done an outside hire who has done a bank turnaround before. (If you are skeptical of this, there are about 150 ex-CEO's of banks with assets over 500 billion). Adding to this, it is surprising to me that he is expected to be in the top job for less than 5 years. All the big Canadian bank CEO's stay for 10+ years. It is a show of stability and a big deal for investors. I believe that *the board panicked and acted impulsively with Ray*. **3. Cultural Shift:** a) Salaries are not competitive for the industry. b) It is very difficult to get qualified hires. A lot of hiring is mostly at the discretion of managers 1 or 2 levels above the grunts. What happens? People hire their friends. External hiring from outside has pretty much gone to zero. This significantly eroded productivity internally, and unproductive employees are not being fired because they are friends with the person who should be firing them. c) **Bharat Masrani destroyed TD Culture**: Ed Clark was widely loved. He was a charismatic, smart leader, and there were frequently events from entire LOB's down to individual teams. Bharat was a complete 180 from this. Executive weekend retreats went from bringing in famous musicians, free alcohol, baseball/basketball/hockey games and parties under Ed Clark to early morning meetings led by Bharat speaking monotone off notes for hours without breaks. One positive thing I have heard about Ray Chun is that he at least has some sense of how to have fun. d) **There are numerous corporate employees committing payroll fraud**. Can't put a number on it, but I have heard it is in the dozens and possible hundreds. If you don't know how this works: Employee Y gets hired to do X. Employee Y hires someone in India to do X. The person in India gets 20% of Employee Y's salary. Employee Y shows up to the office twice a week to avoid suspicion. Because these employees are largely friends with their managers, even if the managers know about this, there are no consequences. I have heard that there was only one case where an employee was fired because of this. I know 3.c alone may not resonate with some of you, but fun events where senior management can network with each other are really important to developing a top down culture. AFIK, the culture that Ed Clark build died under Bharat Masrani. # TLDR: **1. TD wasn't sorry about AML until they got caught.** **2. Raymond Chun only got the top job because he is friends with Bharat Masrani.** **3. TD Culture has become worse than a government job. Nepotism and payroll fraud have dragged down productivity, and low salaries are making it difficult to retain and attract actual talent.** Edit: Saw some comments about this. I am not saying the company is going to collapse. I am saying there have been some bad decisions from the highest levels of management. In the short term this could cause some pain, but in the long term there could be a good buying opportunity if you are patient. Edit 2: any td holders here? 😂 i feel you If anyone is wondering, I hold a shit ton of TD stock from when I worked there. IMO if the stock (and Ray) shit the bed in the next five years (I think they will) then there could be a good buying opportunity *if* the board replaces Ray with someone who can fix the banks problems. I could see Ray being a scapegoat for some of the near term expected hardship.

Fit-Attorney-2089

Current state of TD Bank

/r/CanadianInvestor/comments/1gznt0o/current_state_of_td_bank/

1gzo15s

Witty-Ad3565

how do you deal with crypto fomo when it's time to exit?

/r/CanadianInvestor/comments/1gzo15s/how_do_you_deal_with_crypto_fomo_when_its_time_to/

1gzqqbh

Seems like CIX has been on an upward rise. Any particular reason for today’s big jump?

1UP4UScoobydoo

CIX

/r/CanadianInvestor/comments/1gzqqbh/cix/

1gzqz7r

How to buy IWM (iShares Russell 2000 ETF) in Canadian stock brokerage (Wealthsimple)? Is there a wrapped Canadian version, like VFV is for the S&P 500 ETF?

DashBoardGuy

How to buy IWM (iShares Russell 2000 ETF) in Canadian stock brokerage (Wealthsimple)?

/r/CanadianInvestor/comments/1gzqz7r/how_to_buy_iwm_ishares_russell_2000_etf_in/

1gzscre

Hi all, I'm looking to sell some of my Cash.TO (GLB X High Interest Savings ETF) so I could buy some other ETFs. Currently, the Ask price is $50.13 with a trade volume of 700k and the Bid price is $50.12 with a volume of 200k. For the past few trading days, I've set my sell limit order to the Ask price, which is always 1 cent higher than the Bid. However, my sell order never executes. Does this mean I always have to bite the bullet and sell at the bid price which, is always 1 cent lower? In what case would a seller get to sell at the Ask price? Is this all luck? It seems like it's not in my favor since the Ask volume is a lot higher. I know I am pinching pennies in this case, but I'm just curious how this works. Thanks

kuroturtlez

Bid/Ask Liquidity for CASH.TO ETF

/r/CanadianInvestor/comments/1gzscre/bidask_liquidity_for_cashto_etf/

1gzsm0w

I’m looking to transfer a stock that I’m at a loss on from Questrade tfsa to interactive brokers tfsa account. My question is would I lose contribution room doing this? I’m basically looking to take advantage of the lower commission fees selling covered calls on the stock, QT fees are ridiculous.

Bradleyy13

Transferring underperforming stock from QT TFSA to IKBR TFSA

/r/CanadianInvestor/comments/1gzsm0w/transferring_underperforming_stock_from_qt_tfsa/

1gzsyb2

I've been thinking of making the switch to IBKR so I'm trying to solicit some opinions on different platforms/brokerages and get a feel for what's popular and why. I'm mostly looking to wheel stocks lay out the occasional credit spread, so I need something that supports that. So, what platform do you trade on? What do you like about it? What do you not like? Favourite features? Features you wish it had? I'm especially interested in hearing from fellow Canadians because the choices are somewhat limited up here. Must be too chilly in the frozen north.

CoughSyrupOD

What platform/brokerage do you currently use?

/r/CanadianInvestor/comments/1gzsyb2/what_platformbrokerage_do_you_currently_use/

1gzuydw

Guys, I messed up. I bought QQQ and VOO, as well as some individual stocks (AAPL etc) and put them in my TFSA, unaware that only Canadian stocks, ETFs etc. are tax protected. What's my best play now? I wany to put my TFSA money in Canadian ETFs so it's tax sheltered. Should I sell all my U.S. ETFs and stocks asap and buy Canadian ETFs? Or is there a reason I should just leave them as they are and put any new money in Canadian ETFs? I'm aware that these would be tax sheltered in an RRSP, I'm just wondering how to fix my TFSA. M37, my goal is to grow this money long-term, maybe pay down a house in 5 years. Here are some readings I found on the topic \- [https://www.fool.ca/2024/09/27/2-canadian-etfs-to-buy-and-hold-forever-in-any-tfsa/](https://www.fool.ca/2024/09/27/2-canadian-etfs-to-buy-and-hold-forever-in-any-tfsa/) \- [https://www.springfinancial.ca/blog/save-invest/best-etfs-canada](https://www.springfinancial.ca/blog/save-invest/best-etfs-canada) \- [https://www.reddit.com/r/PersonalFinanceCanada/comments/1dbhd3d/best\_stocketf\_portfolio\_to\_hold\_for\_my\_tfsa\_24\_m/](https://www.reddit.com/r/PersonalFinanceCanada/comments/1dbhd3d/best_stocketf_portfolio_to_hold_for_my_tfsa_24_m/) \- [https://www.reddit.com/r/CanadianInvestor/comments/100w5s9/whats\_the\_deal\_with\_xeqt/](https://www.reddit.com/r/CanadianInvestor/comments/100w5s9/whats_the_deal_with_xeqt/)

m3d1t8

American stocks and ETFs in my TFSA

/r/CanadianInvestor/comments/1gzuydw/american_stocks_and_etfs_in_my_tfsa/

1gzwfa6

Might be a dumb question but I just wanted to double check that there's nothing working against me with this purchase. I have CAD and USD in my TFSA brokerage account and would like somewhere safe to park them for the being. I'm thinking either SGOV or TFLO for the USD and CASH.to for my CAD. Any reason not to? Also, why might someone choose a GIC over these, when most GIC rates are lower?

SeriousTsuki

SGOV and Cash.to in my TFSA? Why choose GICs over them?

/r/CanadianInvestor/comments/1gzwfa6/sgov_and_cashto_in_my_tfsa_why_choose_gics_over/

1gzz31c

You may recall my popular tfsa post (link in comments) Since then, I've liquidated my entire tfsa to buy a house, paid for a wedding and traveled all over asia amongst other things. I took a break from actively investing after selling everything off. After I got done with my side quests I decided I would dabble in options. Did some research, decided to go with interactive brokers (ibkr)and deposited about 20kusd this September. Its been almost 3 months. Maybe I'm just lucky.

ftmech

My first 3 months trying options

/r/CanadianInvestor/comments/1gzz31c/my_first_3_months_trying_options/

1gzzdlo

ogsvg

Trump promises a 25% tariff on products from Canada, Mexico

/r/CanadianInvestor/comments/1gzzdlo/trump_promises_a_25_tariff_on_products_from/

1h02k5v

Hi all, Looking historically at the CAD/USD exchange rate, I have trouble believing that the USD is going to go sustainably higher against the CAD. I believe it will eventually regress to the mean. I’m currently fully invested 80/20 in VXC and VCN. This is basically VEQT with a slightly reduced Canadian allocation. VXC is not currency-hedged. If I wanted to hedge against a drop in USD relative to CAD, while still remaining invested in something like VXC (American investments make up the majority of VXC) what options do I have?

downrightwhelmed

How to currency hedge a total market index fund?

/r/CanadianInvestor/comments/1h02k5v/how_to_currency_hedge_a_total_market_index_fund/

1h05loo

Hi all, I am a Belgian citizen but I also have PR in Canada. My work is project based and I move back and forth between both countries, depending on where the next project is. This year I started investing. I’ve invested part of the money from my Belgian bank account through my Belgian investing apps. Then earlier this month I moved back to Canada and invested money from my Canadian bank account via Wealth Simple and NDAX. Now I just found out that this might cause issues. 1. I invested part of the money via TFSA, because at TD bank they had told me I could do so for the amount of this year and last year, since that’s when I became a PR. Now I realize that that information was likely wrong, since I was only in Canada for 2 months last year (in which I did not work) and only just moved back here last week this year. Meaning I was not a tax resident for either of these years. I found out that this means I have to figure out how to move the money out of that account now, since I would otherwise have to pay a 1% fine per month. Is this correct? And can I just move those stocks to a different account on WS? 2. A bigger issue is, I now just found out that as soon as I leave Canada, WS would suspend my account?? How am I supposed to invest my money that I make from working in Canada then? I’m now also worried that my Belgian broker could do the same while I’m here. Very confused as to how I am supposed to handle my kind of situation then in terms of investing. I have stocks, an ETF and crypto, if that matters. Any advice would be greatly appreciated. I should have looked into this more before investing the money, but did not realize there was a potential problem with this.

Mafia-007

How to invest as a resident of 2 countries

/r/CanadianInvestor/comments/1h05loo/how_to_invest_as_a_resident_of_2_countries/

1h08e3i

The loan values of the following securities have been reduced. Check if your stock is listed here. [Securities with increased margin requirements as of November 28th, 2024](https://www.td.com/content/dam/tdct/document/pdf/e-external-securitieswithincreasedmarginrequirements-en.pdf) If you trade heavily on margin, and your stock is listed here, you may be a the risk of being margin called. I can't believe I wasn't informed about this by the bank. The biggest bank in the country and yet it doesn't inform its customers about margin requirement changes? Unbelievable.

Heineken_500ml

TD increasing margin requirements on Thursday

/r/CanadianInvestor/comments/1h08e3i/td_increasing_margin_requirements_on_thursday/

1h098w8

Your daily investment discussion thread. Want more? Join our new [Discord Chat](https://discord.gg/4Q6mzTWz3D)

OPINION_IS_UNPOPULAR

Daily Discussion Thread for November 26, 2024

/r/CanadianInvestor/comments/1h098w8/daily_discussion_thread_for_november_26_2024/

1h0bv2y

What will happen to interest rates? Inflation will go up, so interest rates should drop?

MakeroftheWine

With the 25% tariffs incoming ...

/r/CanadianInvestor/comments/1h0bv2y/with_the_25_tariffs_incoming/

1h0dfvu

I need to make a relatively large purchase (\~12k USD) in March of 2025. Wondering if there are any instruments I can buy in CAD that provide fixed income in USD so I'm not impacted if the CAD continues it decline. Trying to avoid doing a Norberts gambit. Are there any USD equivalents to CBIL/CASH.to I can buy with CAD that are tied to the USD?

WpgMcTwix

Are there any USD equivalents to CBIL/CASH.to I can buy with CAD that are tied to the USD?

/r/CanadianInvestor/comments/1h0dfvu/are_there_any_usd_equivalents_to_cbilcashto_i_can/

1h0fwaj

I have some old holdings in the X's and I was wondering if there is any advantage to leaving them there or moving them to VEQT? I am not sure where the overlap is, so I thought i'd ask for input. Thanks.

hickupper

VEQT vs XFN/XIU/XUS

/r/CanadianInvestor/comments/1h0fwaj/veqt_vs_xfnxiuxus/

1h0gw4c

Seams that bbd.b lost - 8% today. Do you guys have any news??

Smart_Ad_9818

What happened to bombardier's stock today?

/r/CanadianInvestor/comments/1h0gw4c/what_happened_to_bombardiers_stock_today/

1h0i9v6

We often read about investment advice here around investing in a globally diversified ETF such as XEQT/VEQT, XGRO/VGRO, etc. For those who invest beyond those common recommendations, what are your thoughts on the majority stating that a globally diversified ETF is the best choice for long-term growth because most investors cannot beat the global index? Edit: Hi all, I am not advocating for one particular side. I have just noticed the variety of posts/comments in this group, so I made this post for an open and friendly discussion between Canadian investors that have different perspectives. Let’s keep it polite in here :)

vk211

What do the vocal minority here think about the majority’s preference for globally diversified ETFs vs. other strategies for long-term investing?

/r/CanadianInvestor/comments/1h0i9v6/what_do_the_vocal_minority_here_think_about_the/

1h0ilrt

Is there a stock or ETF that I can use to invest in the price of gas in the event that the price goes up? I'm only doing this to offset the cost of gas at the pump

northshorelocal

Investing in gas prices?

/r/CanadianInvestor/comments/1h0ilrt/investing_in_gas_prices/

1h0krcz

I'm new to investing and am a little late to game since I am just learning about it now at 41 years old. I recently opened up an Investor's Edge account to manage my investments myself, and currently have $30 000 of my money invested equally in VFV and XGRO. I also hold about $10 000 in a NASDAQ mutual fund being managed by the bank that I plan on transferring to my IE account. Now that I am learning a little bit more, I realize holding both of these ETFs, as well as NASDAQ, doesn't make a lot of sense due to the company overlap. I also understand choosing ETFs is often a matter of personal preference, but I would greatly appreciate someone more experienced with investing explaining which of these ETFs (or perhaps another one entirely) would make the most sense for someone like me who plans to largely leave my investments untouched until I retire in about 23 years.

ConvenientKiwi

ETF Advice: VFV or XGRO

/r/CanadianInvestor/comments/1h0krcz/etf_advice_vfv_or_xgro/

1h0mg0t

I wanted to exchange some CAD to USD to buy US stocks but I'm hesitating because I'm not sure if it's a good idea given CAD keeps going down. Will you still be buying US stocks? What makes it worth it to you?

greenmatchay

is it worth buying US stocks with CAD being so down?

/r/CanadianInvestor/comments/1h0mg0t/is_it_worth_buying_us_stocks_with_cad_being_so/

1h0p485

Same with the Loonie although it did crash overnight and it's on its way back to recovery. News outlets and politicians are losing their minds today over this.

whatsyowifi

Can someone explain how TSX Composite Index didn't completely crash today after Trumps 25% tariff announcement?

/r/CanadianInvestor/comments/1h0p485/can_someone_explain_how_tsx_composite_index_didnt/

1h0p6jk

Hypothetically, if I invested in VFV and tariff impacts cause the S&P to decline by 10%, meanwhile the tariff impacts are expected to weaken the Canadian Dollar. Let's say the CAD weakens from 1.41 USD to 1.56 USD (10.6% increase in USD) Would an unhedged ETF like VFV essentially offset the CAD weakening and cause it to just barely break even by 0.6%? In these uncertain times, are you switching your investments to something more stable, or staying the course in unhedged US exposed ETFs?

jackospacko

Tariff Impacts & CAD Weakening = Net benefit in unhedged US ETFs?

/r/CanadianInvestor/comments/1h0p6jk/tariff_impacts_cad_weakening_net_benefit_in/

1h0q3p8

AffectionateNose3109

Loblaws and Dollorama have been among the TSX top performing stocks in recent

/r/CanadianInvestor/comments/1h0q3p8/loblaws_and_dollorama_have_been_among_the_tsx_top/

1h0tig9

Please delete this if it's not allowed, but I'm just looking for some help understanding how to close out an options position (maybe that's not the right term). So I bought a very small CALL (like $60-bucks small) option for LUNR (LUNR2420L16, just trying to safely get my feet wet so to speak, gotta start somewhere), and I'm thinking I want to sell it soon, but there doesn't seem to be a clear way to do so with the qtrade interface. From what I can read online, it looks like I have to go in to the options trading menu and key in all the same details but to "sell" the same call option, and somehow they cancel each-other out. This is somewhat terrifying for me as I'm worried I might be doing something wrong and selling some option that is going to murder my account. I'm scared to ask qtrade support because of course I had to say I have experience with options to let them enable options trading, and I don't want them to take it away because their interface is confusing. Can anyone who has experience with this give me some tips please? Thank-you

moms_spagetti_

request help selling an option i bought (maybe qtrade specific?)

/r/CanadianInvestor/comments/1h0tig9/request_help_selling_an_option_i_bought_maybe/

1h11rk1

Your daily investment discussion thread. Want more? Join our new [Discord Chat](https://discord.gg/4Q6mzTWz3D)

OPINION_IS_UNPOPULAR

Daily Discussion Thread for November 27, 2024

/r/CanadianInvestor/comments/1h11rk1/daily_discussion_thread_for_november_27_2024/

1h157xw

Illustrious-Nebula63

Any investment strategy suggestions to weather a long term weak dollar, and also strategies for a short term weak dollar? How to take advantage if at all possible?

/r/CanadianInvestor/comments/1h157xw/any_investment_strategy_suggestions_to_weather_a/

1h16r3d

Hey folks! As someone who loves Forex and trading tools, I was thrilled to find TradingView Premium for free through a private Telegram group. I’ve tested it for days, and it works flawlessly. Want it too? Here’s the link: [TradingView Premium](https://www.reddit.com/r/OptionsDayTraders/comments/1gbvh06/tradingview_premium_free_edition_desktop_pc/). It works on macOS too!

NoNews9185

TradingView Premium: Free for All Traders

/r/CanadianInvestor/comments/1h16r3d/tradingview_premium_free_for_all_traders/

1h17bez

I bought some last year and have seen amazing gains, much more than I expected as a first time investor, now I’m not sure if I should keep buying it, it seems pretty inflated. Would it be better to switch to VGRO or VBAL?

TungstenEnthusiast

Are you guys still buying VEQT and VFV?

/r/CanadianInvestor/comments/1h17bez/are_you_guys_still_buying_veqt_and_vfv/

1h19m8n

I’ve got a sizeable investment in them and it just has been flat all year long. I thought the interest rates coming down should have helped them. Any thoughts? Cut my losses and invest elsewhere? Wait for the dividend? Double down and buy more?

mistifythe6ix

Any hope for T.TO?

/r/CanadianInvestor/comments/1h19m8n/any_hope_for_tto/

1h1ctp0

Hi Guys, I have a wealth simple TFSA account for the past 2 years. With the high conversion fees and option contract fees. It too expensive. So I opened an IBKR account with the intention of trading futures and options, but I ran into an issue: you need to be 21 to trade futures. On top of that, IBKR's options trading isn't working out for me either. I actively trade options on Wealthsimple, but I switched to IBKR to reduce option contract fees. However, they said I can't trade options because I don't meet their financial requirements. When I asked for clarification, they said they couldn’t disclose the reason. I’m now looking for the best brokerage to trade futures. Looking for low fees and easy to used. Any recommendations? Even if I turned 21 I don't even think IBKR would let me trade futures.

Comfortable_Corner80

Best Future Trading Account to Used?

/r/CanadianInvestor/comments/1h1ctp0/best_future_trading_account_to_used/

1h1dz2n

Blastwing

Which USD ETF should I buy now the CND value is going down?

/r/CanadianInvestor/comments/1h1dz2n/which_usd_etf_should_i_buy_now_the_cnd_value_is/

1h1efui

Getting more into investing now I am wondering how you guys get your sources of information when it comes to learning about funds and figuring out what to buy (aside from browsing through fact sheets and fund facts, etc). Youtube is something I am looking more into and, of course, Reddit as well. What is your typical process/sources of learning about a fund to actually buying a fund?

jaevv

What is your typical process/sources from when you learn about a fund to actually buying it?

/r/CanadianInvestor/comments/1h1efui/what_is_your_typical_processsources_from_when_you/

1h1euf6

I am currently looking for a ETF that doesn’t include a USA portion. I currently hold horizon etfs with majority in the HXS etf but looking to diversify and find a ETF that doesn’t pay any dividends or income like horizon etfs

Elite163

What is everyone holding in there non reg?

/r/CanadianInvestor/comments/1h1euf6/what_is_everyone_holding_in_there_non_reg/

1h1faix

What are your picks for the future if you had 500k to invest ?

goatmaster95

500k. 5 Stocks. 5 Years. - 5x +. What are your picks ?

/r/CanadianInvestor/comments/1h1faix/500k_5_stocks_5_years_5x_what_are_your_picks/

1h1i0h5

I am a believer in the efficiency and effectiveness of an all in one ETF like XEQT. Assume, though, there is one stock you hate owning, think it will go bust. Alternatively one you really like. Consider you hold 100K in XEQT, would you ever consider shorting 2K of the loser, and use the proceeds to buy 2K of the favoured stock? If nothing else, it would prove one way or another whether you actually could ever beat the index. Would you consider it? What stocks would you choose?

mistermarpole

What stock do you hate/love in XEQT?

/r/CanadianInvestor/comments/1h1i0h5/what_stock_do_you_hatelove_in_xeqt/

1h1jjf3

MacOSAP

According to data from the CRA, two people in Canada have TFSAs worth over $40 million.

/r/CanadianInvestor/comments/1h1jjf3/according_to_data_from_the_cra_two_people_in/

1h1kwwg

A year ago I opened a TFSA through RBC and thought I added a lump sum into my TFSA, it turns out my advisor had put it into a bond. I’m not financially-savvy, but he made no mention of bonds when I opened the account. I wanted to move some of the TFSA into a high interest savings account and move the rest into a wealthsimple self-directed TFSA. When I called to make the request they said i’m unable to I withdraw until next year (september) and that I only have a 30 day window next year to get out of the bond. I’m hesitant now about their advice after my experience and would love to hear some insight. Is it still possible to move my tfsa or at least get out of the bond? Thank you for taking the time to read this, any advice would be appreciated.

shihlord

Taking out bonds in TFSA advice/Moving TFSA

/r/CanadianInvestor/comments/1h1kwwg/taking_out_bonds_in_tfsa_advicemoving_tfsa/

1h1nn92

What's the difference in scope of service, qualifications, products they can invest in and fee charged?

Prestigious-Gap-1649

What's the difference between investment counsel vs advisor?

/r/CanadianInvestor/comments/1h1nn92/whats_the_difference_between_investment_counsel/

1h1ooor

Me and both my siblings' InvestorLine accounts are still linked to our parents as a single household, and all together we are almost at the $5M required to achieve their "Diamond Star" status. I've been thinking of transferring from InvestorLine over to WealthSimple to join my wife as both of us combined would be just over $1M, and I heard they're coming out with a "Pinnacle" tier. Im trying to decide whether its worth it to keep my investments linked with my family, or do my own thing with my wife. My parent's strongly believe that we'll benefit from InvestorLine's "Diamond Star" status, and whatever market research they get out of it they'll share with us. I looked online and one of the perks is "Exclusive IPO allocation". Does anyone know what that is? I was wondering if anyone or their household has achieved this status, and can share if its worth sticking around for?

Charger_Reaction7714

Anybody achieve Diamond Star status with their InvestorLine and can share their experiences?

/r/CanadianInvestor/comments/1h1ooor/anybody_achieve_diamond_star_status_with_their/

1h1qmui

Hey guys, mid 30 guy here I have biweekly contributions to my TFSA and RSP Set up years ago for 100% TD E-series (CAD index/USD index) , total about 40k And this year I have some money floating,So I’m looking to throw 5K into RSP to try lower my tax and invest into something different - I know I should’ve redistributed long ago, but procrastination) Anyway - I know 5K is not a lot (a lot for me) so I’m looking to see if getting wealthsimple and just put it all in XEQT a good idea I thought about just staying with TD and open a direct investing, but fees seems to be high I don’t do stock, and don’t plan on it TLDR - should i just keep investing to TD eseries or swap to WS for XEQT (And the FOMO is annoying too, I know i miss out on the cash promo WS was doing before, and I’m no where close to 100k to get an iPhone lmao ) Thanks in advance guys

nextony

New to ETFs, looking to put 5K into RSP, where and what

/r/CanadianInvestor/comments/1h1qmui/new_to_etfs_looking_to_put_5k_into_rsp_where_and/