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Anyway to consolidate investment accounts without paying the transfer fee?
I have investment accounts at several brokerages. Anyway I can consolidate these accounts without paying the transfer fee ?
- Airbum88
- Mar 10th, 2022 5:17 pm
- Forum: Investing
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Is it still a good time to yolo GTA investment properties (condos)?
Looking into North York or Downtown condos. Lean towards North York just because I like the area a bit more and I think the same units rent for similar amounts as downtown but purchase price is a bit cheaper. Tech stonks have tanked and rates are increasing. Lots of uncertainty in markets. Is it sti...
- lolbeast
- Mar 7th, 2022 4:52 pm
- Forum: Real Estate
- Real Estate
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Mar 7th, 2022 4:52 pm
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Home speculative tax in Toronto GTA
There was some news about 50% home speculative tax last month Feb 2022, and the City of Toronto wanted to move forward with this motion (already approved) but waiting on Provincial approval i believe and mostly other cities or provinces to follow (in order to curb the unfriendly RE frenzy boom in an...
- iris11
- Mar 5th, 2022 7:48 am
- Forum: Real Estate
- Real Estate
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Mar 5th, 2022 7:48 am
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Self directed investment accounts - What is insured coverage amount?
Questrade insures up to $10 million if Questrade goes out of business. Is TD insured amount only $100,000? Does this mean if someone has $1,000,000 in their TD account, and TD goes out of business, all that money is gone? Questrade Are all self-directed accounts insured? Yes, all self-directed accou...
- curiousgeorge1000
- Mar 4th, 2022 12:46 pm
- Forum: Investing
- Investing
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Mar 4th, 2022 12:46 pm
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Any charge to invest in investment savings accounts at discount brokerages
... funds held in discount brokerages, RBC for example is charging a 1% buy commission starting March 14 2022. I'm wondering if this will affect Investment Savings Accounts? Like those listed here: https://mrthrifty.ca/investment-savings-accounts-maximize-interest-in-your-brokerage-account/ eg: ...
- wra45mon
- Mar 3rd, 2022 4:26 pm
- Forum: Investing
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Investment accounts (Joint with three or more account holders)
Joint investment account with three account holders. Which institutions do you recommend?(Many only allow two)
- findmedeals2
- Mar 3rd, 2022 12:55 am
- Forum: Investing
- Investing
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Mar 3rd, 2022 12:55 am
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Investment strategies and 2021 investment return %
Hi All, 2021 was the first year that I took control of my finances and started to invest. I'm curious to know what your investment strategy is, what your average return rate was for 2021, and what were some of your learnings. I'll start with mine RPP: Strategy: company pension plan ...
- StickySituation
- Feb 24th, 2022 1:34 am
- Forum: Personal Finance
- Personal Finance
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Feb 24th, 2022 1:34 am
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If I want to buy investment properties, is it still worth putting money into RSP?
I put 30k into RSP a couple years ago. Its like 40k now, which is great. And I got some tax refund. But I cant use this 30k to buy property anymore. If my goal is to yolo as many properties as possible, is it still worth maxing out my RSP? My income is pretty high, and my employer has a matching pro...
- lolbeast
- Feb 2nd, 2022 12:57 am
- Forum: Personal Finance
- Personal Finance
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Feb 2nd, 2022 12:57 am
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Pension withdrawal - lump sum investment advise
After leaving my last job I opted to take out the commutative value of my pension (defined benefit). I have received these funds yesterday and part of the funds are locked in LIRA and other I have moved in RRSP and TFSA. Total amount is around $400,000. I was thinking to invest these funds in either...
- Salute
- Feb 1st, 2022 6:56 am
- Forum: Investing
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Best 3 year investment for 15k?
Title is self explanatory, but how would you direct these funds? And what would be a realistic ROI? Thanks !
- corcoran_chris
- Jan 31st, 2022 1:56 pm
- Forum: Investing
- Investing
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Jan 31st, 2022 1:56 pm
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RBC RRSP direct investment fund options
Hi all, I'm going to be enrolled into a group RRSP at RBC through my work and was able to be placed into the direct investing platform instead of choosing their actively managed funds. One thing I didn't realize afterward (I normally use TD and buy their efunds) is that each trade will cost 9.99 whi...
- zeroace
- Jan 27th, 2022 2:02 pm
- Forum: Investing
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corporation investment tax question
... Last year I bought $40k ETF but I did not sell any, so no gain or loss. Now, I need to file my T2 tax. My question is where should I report my ETF investment to make G100 balance? Let's say: Line 3660 retained earning start --- $50000 Line 1001 Cash --- $10000 I now have $40k (book cost) ETF I ...
- cheapestdeal
- Jan 24th, 2022 8:06 pm
- Forum: Entrepreneurship & Small Business
- Entrepreneurship & Small Business
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Jan 24th, 2022 8:06 pm
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For the investment vet’s - refinancing / heloc for inherited property
This would probably be best answered by a real estate tax account but something to chew on here maybe. If getting a house passed to you that is free and clear of mortgage and a value of 1.2-1.3 in the GTA, what is the best way to refinance it to use towards a principal residence move. We have our ow...
- movefast
- Jan 23rd, 2022 10:12 pm
- Forum: Real Estate
- Real Estate
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Jan 23rd, 2022 10:12 pm
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New to real estate investment
Hi Forum, I'm trying to add a new real estate investment to my portfolio, and I intend to add only 1 decent property in GTA(Newmarket). I was unable to find the right calculator for the same, if anyone has something I can use, it would be highly ...
- VaughanGough
- Jan 10th, 2022 7:36 pm
- Forum: Real Estate
- Real Estate
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Jan 10th, 2022 7:36 pm
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New House GST Rebate - Investment Rental Property Ontario
... fill out to claim GST rebate for a new builder property that I am renting out. I did not claim GST rebate with the builder and told them it was an investment property. Its a semi detached in Ontario (not sure if there are different forms for condo vs freehold) Thanks for the help.
- watul
- Dec 21st, 2021 7:05 pm
- Forum: Real Estate
- Real Estate
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Dec 21st, 2021 7:05 pm
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Help deciding investment product for the baby
Hi guys, this is my first thread here. Looking for some investment ideas for my newborn. I wanted to start with RESP, but even wealthsimple has RESP on invest platform which has 0.4% fee I guess. Can someone suggest a RESP provider that does not charge ...
- tbamrox
- Dec 17th, 2021 10:04 pm
- Forum: Investing
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Fisher Investment Canada reviews (compare to other banks)
Is anyone using or had meetings with Fisher Investments for retirement planning (investment management)? How was the experience? Average returns? Do they also offer IPO and other aggressive stock trading or just simple blue chip funds. How do they compare to other ...
- findmedeals2
- Dec 9th, 2021 3:58 pm
- Forum: Investing
- Investing
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Dec 9th, 2021 3:58 pm
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Investment and Inflation Question
... during the winter months. Realistically they can't afford much especially with how prices have jumped and they don't want to liquidate their investments. They both have a Gov't pension so monthly income isn't a huge problem. I have casually offered to lend them about $250K towards a condo ...
- sherman51
- Dec 8th, 2021 2:10 pm
- Forum: Personal Finance
- Personal Finance
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Dec 8th, 2021 2:10 pm
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Just bought an investment townhouse, should I do minor upgrades before renting?
YOLO’d for roughly 1m in GTA suburb. 3 bed and 4 bath, looks well maintained and pretty recently upgrades. Some things I’m looking to do: - Change carpet upstairs to hardwood - Add a door/wall to add an extra bedroom. This cuts off the nook/office in master room and turns it into a legit room with c...
- lolbeast
- Nov 29th, 2021 8:57 pm
- Forum: Real Estate
- Real Estate
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Nov 29th, 2021 8:57 pm
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Large amount of cash for investment
We have recently bought a new house and sold our previous place. The mortgage amount is 700k, and the old place was sold for a smilar amount(paid off). So we will have around 700k cash. We are young and willing to take moderate risk. I am very interested in investing most of the money. Is that a rea...
- raaaaam
- Nov 9th, 2021 7:14 pm
- Forum: Investing