Personal Finance

WealthONE Bank of Canada

  • Last Updated:
  • Jul 5th, 2018 2:40 pm
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Feb 1, 2006
1966 posts
429 upvotes
Darkman wrote:
Oct 5th, 2017 6:55 pm
I don't know, as I never asked.

Just call them and ask. :)
Emailed them and they were quick to reply and say "Yes, we do offer joint accounts."

Darkman, you may want to consider one in your estate planning. You may save $$$$$ in possible probate fees.
Alterna Savings Visa Infinite
2% cold hard cash on everything, no caps, VISA acceptance
48 day medical insurance, trip cxl, trip interrupt
Discuss here
Deal Addict
Jun 15, 2012
1213 posts
127 upvotes
MB
Ok guys I need your help, got a void check from One Wealth,
And they told me with this information You can push the money from your bank (RBC)to our bank.(one wealth)
How do I do that?
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Password with them can only be digits no letters or symbols?
Maximum 8 digits.
save ?
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"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."
- Warren Buffett
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Feb 1, 2006
1966 posts
429 upvotes
ukrainiandude wrote:
Oct 5th, 2017 10:09 pm
Ok guys I need your help, got a void check from One Wealth,
And they told me with this information You can push the money from your bank (RBC)to our bank.(one wealth)
How do I do that?
---
Password with them can only be digits no letters or symbols?
Maximum 8 digits.
save ?
---
I think you need a cheque from your RBC account. Then you make it out for $1 and deposit it to W1. Then ask them to link your RBC account to W1.
Alterna Savings Visa Infinite
2% cold hard cash on everything, no caps, VISA acceptance
48 day medical insurance, trip cxl, trip interrupt
Discuss here
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Feb 25, 2014
2170 posts
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Mississauga
minimalist wrote:
Oct 5th, 2017 6:52 pm
2.5%
lol, I get 10% buying dividend stock and that too monthly.
Oh sada kehra bapu karda black nee, Jehra tere shahir (Toronto), Le lawan flat nee
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Jul 27, 2017
1542 posts
528 upvotes
GTA
MehtabS wrote:
Oct 6th, 2017 5:42 am
I get 10% buying dividend stock and that too monthly.
now you have my attention.

name that stock(s)?

Thanks
Newbie
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Aug 22, 2014
41 posts
13 upvotes
Rideau Ferry
MehtabS wrote:
Oct 6th, 2017 5:42 am
lol, I get 10% buying dividend stock and that too monthly.
10% dividend? Only high risk stocks gives out that kind dividend.
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Jul 27, 2017
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GoldenElixir wrote:
Oct 6th, 2017 9:16 am
10% dividend? Only high risk stocks gives out that kind dividend.
Agree under normal circumstances, but maybe MehtabS knows something the many folks don't?

This could make for a new thread discussion, I'm waiting to see a response back to 'name the 10% dividend stocks' that he has.
Jr. Member
Jun 24, 2015
111 posts
15 upvotes
Toronto, ON
I am interested in the 10% yield dividend stock as well. Tax on dividend is lower than on interest. Can you let me know the name of the stock, please?
Newbie
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Aug 22, 2014
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Rideau Ferry
porticoman wrote:
Oct 6th, 2017 11:17 am
Nice find, that's a start, although its outdated (on a quick look) THO & AIM no longer pay dividends, others have fluctuated all over the map, little consistency
Well that's why it's high risk. Just use https://finance.google.ca/finance#stockscreener to screen stocks. Currently stock that has > 300M market cap and 10%+ dividends are CBL, DFN, EIT.UN
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Jul 27, 2017
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@ post #147, so basically (looking at what MehtabS is doing) its find an investment that pays 10% dividend/yield, with that investment that doesn't move around more than 10%.

Taking a $10 stock paying 10%/yr dividend YOY for 5 years. Don't DRIP the dividends, just let the dividends stay in cash, and at the end of 5 years (60 mths) $5 in dividends received, minus the initial $10 investment - new money at risk is $5, new yield is now 20%

Is that right?

Or with a 10% dividend on a fluctuating stock would it be better to keep on reinvesting the dividends (DRIP)?

using two of the examples from the link in your last post

https://web.tmxmoney.com/quote.php?qm_symbol=dfn

https://web.tmxmoney.com/quote.php?qm_symbol=eit.un
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May 7, 2007
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This is Wealth One Bank ... 2.5% current rate thread ...

Move stocks, dividends etc discussion elsewhere ... as those are totally different products / game ;)
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Jul 27, 2017
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Darkman wrote:
Oct 6th, 2017 1:42 pm
This is Wealth One Bank ... 2.5% current rate thread ...

Move stocks, dividends etc discussion elsewhere ... as those are totally different products / game ;)
agree, we got side tracked as usual.

will take this somewhere else after the 10% guy responds

back to the original thread....

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