Seems like a lot of the brokerage firms do not offer bare trust investment account anymore. NBDB still does offer bare trust investment account; however, it is not setting it up in the ideal way whereby the Settlor and the Trustee should ideally be different person (which is similar to below for tax planning purposes): Settlor: Adult (SIN needs to be tagged to this account for income attribution rule under the Income Tax Act) Trustee: Another Adult Beneficiary: Child What NBDB does is that the Settlor and Trustee are identified as the same person which isn't ideal from a tax perspective. A ..read more

My foreign investments are spread roughly 75% in ZEA and 25% in ZEM. Is there any ETF that would give similar result without having to buy 2 ETF? Statistics: Posted by Denis54 — Sep 16th, 2024 5:16 pm ..read more

I have noticed that CWB offers special rate GICs for 13 and 25 months, where the rate offered is 0.5% higher than 1 and 2 year GICs respectively (a bit less for the 13 month for non business customers). I'm wondering why CWB is doing that. How is that one extra month that much more valuable to the bank? They refuse to match RBC rates on 1 year GICs, but then exceed them on 13 months. Why? Statistics: Posted by sokolov — Sep 13th, 2024 4:53 am ..read more

Hi there all just wondering how you guys deal with the really bad losses. I have held firm during those days as more looking long term but still at the end of one of those days and next few days take me while to recover mentally. I have had many small bad days but in 1 year probably had 3 really days of losses. I consider a really bad day around 10k-15k Only reason I have held on was due to thinking the losses are out of the profits. On two occassions took me 4months to recover those losses. Latest loss just doubting if cycle can continue. Anyway just generally wondered how you guys all ment ..read more

ONLY for discussion of economic news, policy and markets as they relate to each of the 2024 candidates. Same as the previous 2022 thread. Any topic that is NOT about INVESTING can go into the "Politics, Religion & Controversial" "forums.redflagdeals.com/politics-and-religion-f195/ Markets on the Presidential Candidates (There are others too) smarkets.com/listing/politics/us/2024-presidential-election smarkets.com/event/41938283/politics/us/2024-presidential-election/2024-presidential-election-winner Resources • Issues and the 2024 election via Pew Research Center pewresearch.org/poli ..read more

When I try to search like NVDA.NE, it doesn't show up, am I supposed to enable something? Statistics: Posted by lollipop2031 — Sep 10th, 2024 10:46 am ..read more

Maybe newbie question, but cannot google it. My wife got a RRSP matching in RBC with her employer and we started to use it right away, Her employer pays 4% and she pays 4 %. We talked to RBC financial advisor and he told us that employers contribution can go to RBC managed mutual funds, while her own part can be transferred to Direct Inversment account and there we can invest it the way we want. Now her part is in her savings account, we got in touch with fin adviser from Direct Investing department and he said we need to open new RRSP in RBC Direct investing, and we almost completed it, but o ..read more

Hi All, I'm starting a post on Earnings. Statistics: Posted by BonziBuddy — Sep 7th, 2024 11:50 am ..read more

Was very easy - Did my tfsa - while riding the go train! Why? Save money - My td e-series us index fund charged 60bps - and vfv charges ALOT less - 8 bps Did the acct transfer request and also set up their “automation” for bi weekly fractional etf purchases Next step Do my wife”s accts, then my kids Only downside - no resp automation available yet Once they have this - “chefs kiss” And - only regret - i didnt do this sooner! Statistics: Posted by Skimberl16 — Sep 5th, 2024 4:24 pm ..read more

Hello, I have some btc in my nicehash account from mining that I want to transfer out and eventually cash out. What is the best option as a Canadian for fees and speed? I have zero experience with this other than hitting start and mining. Do I send this btc to another exchange and cash out that way ? Any and all advice is appreciated. I assume any payout I do is reported as income automatically to the cra ? Thanks for the help and patience as there seems to be a plethora of options and I'm quite overwhelmed. Statistics: Posted by corcoran_chris — Sep 3rd, 2024 8:24 am ..read more