I wouldn't say I like this product, but I have to say I like the idea of the product. Purpose Investments has announced Longevity last year. They sell it like a pension plan. https://www.retirewithlongevity.com/ It is utilizing options and puts to create income and regulate ...
Hey all, So one of my mothers investments is an actively managed primarily fixed income portfolio I believe it is basically 80% low risk bonds etc and 20% safe stocks and other higher yield earning tools. It has done quite well over the ...
There will be one prize available to be won. Prize consists of $10,000 paid in the form of a chequeEnter: https://go.fidelity.ca/RRSP-contestRules: https://go.fidelity.ca/rs/902-MHK-205/images/INM%20650750_Rules_Regulations_Retirement_Contest_ENG_ACC.pdf
Nov 9th, 2021 1:19 pm
... if I contribute to TFSA on Jan 1st 2022, and then decare non resident before july 2022 ? 5. What are the recommendations in general in regards to investments with canadian brokers before becoming non resident ? I read that any withdrawals will not be taxed in Canada but will be subject to 25% ...
Nov 8th, 2021 1:06 am
For those people living off investments (perhaps retired), is it "better" to withdraw the entire annual amount in a lump sum from the investment account(s) or is it "better" to withdraw the amount monthly? I have an ...
Sep 5th, 2021 7:16 pm
Hello, My spouse has a business account and is incorporated. He's wondering if he should invest the funds from the business account into a GIC or open a separate business investment account with one of the banks. We don't need the money for the next 2-5 years. What's the best strategy and what are t...
Hi RFDealers, I've maxed our my registered accounts and I'm looking at investing a few hundred Ks in equities as well as in private companies. Is it worth it to incorporate and invest through the corporation to reduce the tax burden? Also, my profession allows me to incorporate, but I'm salaried at ...
So I've never posted this before so bear with me. I just redeem 200,000 points for a voucher worth $2000 so 100pts=$1 which is a sale price, usually the conversion is 130pts=$1. Travel is still the biggest bang for your buck with these points but this would be second best value and probably best way...
Apr 19th, 2021 3:07 pm
Hello, I'm looking for some information on opening a non-registered account, investment strategies, tax implications, etc. I'm in my low thirties, maxed TFSA, maxed RRSP, no mortgage. I have my money currently sitting in a HISA and would like it to work a little more for me. Will keep an emergency f...
Apr 2nd, 2021 3:08 pm
I've been making some deposits into RESP Individual amount with TD Mutual funds.Is it possible and convenient to transfer TD Mutual fund investments (RESP) to Questrade?What could be the advantages or drawbacks?
Jan 5th, 2021 10:30 pm
we have been using discount / online broker for many years. Not really trading but investing regularly. I am wondering should we transfer some / all of our "static investment" (stocks, etfs) which we likely never sell to one of the big 5 banks' inhouse brokerage. We are thinking safety (re...
Hey guys; When I have time, I have been making time for people to help them set up investments and take a look at their finances here in Nunavut. Recently an acquaintance of mine asked for advice to his situation. I told him I would take a look and give advice to ...
I own a small Canadian corporation (ccpc) with my wife. We had a few great years, but my industry is being phased out so we expect profits to decrease significantly in the future (though not completely). These will be the top earning years of our careers. On the advice of our accountant, we maxed ou...
... dish out more money for a different kind of therapy. I'm low on funds. I was wondering how would it work if I take money out of my RBC mutual fund investments (non-TFSA), like would taking out a smaller portion be better than taking out a larger portion?
Nov 29th, 2020 8:10 pm
Saw on another thread about older buildings being less desirable due to rising maintenance costs, which led me to think: Are condos good long term investments? It seems that older buildings are harder to sell because of the maintenance fees. Is there a cap on maintenance fees? Also, what's the ...
Nov 15th, 2020 12:31 am
Canadian ShareOwner Investments Inc. was acquired by Wealthsimple a few years back. After the acquisition, nothing changed for Canadian ShareOwner investors. Now, however, Wealthsimple has announced that they are wrapping up the Canadian ...
If you receive dividends, would it affect this number?If you average down on something and then sold a portion of it after, does this number change?What happens to that value when you transfer stocks from one account to another?Thanks
Hi there - thinking of getting into real estate investment as a landlord. Are there any areas of the GTA or surrounding area that cash flow positive? Seems like they are very difficult to find.
Aug 3rd, 2020 10:49 pm
... hoping this post is allowed. If not, please delete. I'm trying to learn a bit more about how Canadians manage so-called " non-bankable " investments. This includes things like shares in a private company, real estate, private loans, or even classic cars or an antique collection. I'm trying ...
Hi everyone; I hope that this post is allowed; if not, please delete. I'm trying to learn a bit more about how people manage their shared investments - whether that's real estate, or any other sort of shared investment that you can't just store in a bank or brokerage account. If you're currently ...
May 4th, 2020 5:16 pm