Datasets:

alvanlii

/

reddit-CanadianInvestor

like 2

1evgta9

Hi all, Curious if anyone has experience selling significant positions to realize gains in their TFSA? I have had a TFSA open for a few years, have sold some positions over the years for minor profits, just went with a market order and turned out alright. However, over the past few months, I’ve gotten lucky with a significant gain from $ASTS. I plan to sell most of my position… I am just wondering the best way to not get screwed out of profit. If I set a limit order for a specific number, and the stock price hits that number, is it possible for my shares to be sold any lower than that number? How do I stop the sell from triggering any lower than what I want? And how does this compare to a market order? Thanks for any advice. I hope it’s clear what I’m asking. I can clarify in comments if needed.

yoduudemojo

Question about selling in TFSA

/r/CanadianInvestor/comments/1evgta9/question_about_selling_in_tfsa/

1evh2tr

Is it concerning to anyone that there has been almost no significant insider buying of Canadian banks given the relatively poor stock price performance in recent years?

steamingpileofbaby

Canadian Banks Insider Buying

/r/CanadianInvestor/comments/1evh2tr/canadian_banks_insider_buying/

1evrqhr

gingersaurus82

Canadian rail freight stoppage looms as workers union serves CPKC strike notice, CN Rail issues lockout notice

/r/CanadianInvestor/comments/1evrqhr/canadian_rail_freight_stoppage_looms_as_workers/

1evu829

Apologies, I am a noob so if it sounds stupid, pls excuse me but is it worth it to move from Questrade to Wealthsimple trade ONLY for the fractional drip ? Talking about dividend investing as a Canadian for both Can/US markets.

Nomi_0071

Wealthsimple fractional drip worth it?

/r/CanadianInvestor/comments/1evu829/wealthsimple_fractional_drip_worth_it/

1evw3ig

Additional-Rhubarb-8

News

Japan 7-Eleven parent to mull takeover offer from Canada convenience giant

/r/CanadianInvestor/comments/1evw3ig/japan_7eleven_parent_to_mull_takeover_offer_from/

1evxxpe

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

OPINION_IS_UNPOPULAR

Daily Discussion Thread for August 19, 2024

/r/CanadianInvestor/comments/1evxxpe/daily_discussion_thread_for_august_19_2024/

1evz4rr

Hello. In Canada if you have 2 corporately held whole body insurance policies and you put the first to reduced paid up and then surrender it to fund premiums on the second policy, is the loan interest on the first policy deductible? I have received conflicting information. My accountant says no but my insurance guy says yes. He claims that the interest is deductible as the borrowed money is making dividend income in the second policy.

-Bad-Grammar-

Tax deductibilty of interest

/r/CanadianInvestor/comments/1evz4rr/tax_deductibilty_of_interest/

1ew6ery

Hello All, anybody is having problems with CIBC Investor Edge Today? other than today, i'm noticing that there is a lot of times where it just doesn't update the current value of the investment, and a lot of technical apologies. anyone else? Thanks.

sectools

CIBC Investor Edge is down

/r/CanadianInvestor/comments/1ew6ery/cibc_investor_edge_is_down/

1ewc6t2

One of my parent’s company is requiring all their employees and their dependents to move all investing accounts to one from their company. This is to make sure there aren’t any insider trading going on. I’m currently using Wealthsimple with no fees and the accounts that the company is advertising all have a certain fee per trade. This change is a complete hassle as I’ll have to transfer my entire account to theirs, and will only negatively benefit me as I’ll be paying a significant fee per trade whereas before I was paying nothing. Have any of you had a similar experience to this and any ideas of how to avoid needing to transfer my account? I'm currently a student still in uni and living in my parent's house.

likkleBird

Parent’s employer requiring me to move my investing account to one from the company

/r/CanadianInvestor/comments/1ewc6t2/parents_employer_requiring_me_to_move_my/

1ewrnsj

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

OPINION_IS_UNPOPULAR

Daily Discussion Thread for August 20, 2024

/r/CanadianInvestor/comments/1ewrnsj/daily_discussion_thread_for_august_20_2024/

1ewsnf3

I would like to know the source. I’m referring to ratings from the big banks in Canada and USA

thethumble

Where do the big data providers get analyst ratings info for Canadian equities ?

/r/CanadianInvestor/comments/1ewsnf3/where_do_the_big_data_providers_get_analyst/

1ewv39y

Expectations for rate cut in September ?

Sparda204920

Canada inflation cools to 40-month low of 2.5% in July

/r/CanadianInvestor/comments/1ewv39y/canada_inflation_cools_to_40month_low_of_25_in/

1ewv7dc

Hey, I have funds invested in a CPG in my TFSA account with RBC. I am looking to take out the investment and move the funds to my TFSA account with IB to be able to manage my funds better. I am told that if I take out the funds out of my TFSA account, I will not be able to reinvest that amount until beginning of next year. I will be only able to invest what is left of my TFSA limit. Is there a way to do it where I am able to reinvest the funds without waiting for next year? Thanks!

3acor

How to transfer funds from TFSA in bank to broker without losing my limit?

/r/CanadianInvestor/comments/1ewv7dc/how_to_transfer_funds_from_tfsa_in_bank_to_broker/

1ewwya3

Additional-Rhubarb-8

U.S. military announces $20M US grant to build cobalt refinery in Ontario

/r/CanadianInvestor/comments/1ewwya3/us_military_announces_20m_us_grant_to_build/

1ewxkpy

For a side hustle, with no investing experience. What would you tell this friend of mine? Also, this "friend" is not me, haha.

joshliftsanddrums

Friend wants to mine bitcoin

/r/CanadianInvestor/comments/1ewxkpy/friend_wants_to_mine_bitcoin/

1ex0ecf

I experimented with some options earlier this year. Guess I had beginners luck because I am up 1300% Unfortunately not in a TFSA or RRSP. My question is how are the proceeds going to be taxed? I have 2025 and 2026 expiries that I have not sold. Is the change in value taxable at the end of the year or upon sale? I sold some already, will Wealthsimple be providing me with a T4? Is it considered income ? Can I get away with some kind of reduced capital gains taxes? Are options that expire worthless considered a tax write off? Thanks for any insight

norcase

Taxes on stock options.

/r/CanadianInvestor/comments/1ex0ecf/taxes_on_stock_options/

1ex66u4

So I tried enabling options on my IBKR cash account, but they said I need at least 2 years of options trading experience. The system does not let me put more than 1 year, as I’m 19 and I opened the account when I turned 18. I have my TFSA maxed and my cash account with WS, though I wanted to begin to try out options, specifically selling calls and puts. I don’t want to buy. I was going to move my cash account over to IBKR due to the low comissions with options, though since I have to wait until I’m 20, I’m out of luck until then. Any other brokers that are decent for multi leg options strategies? Is it just QT and Webull as of now?

Randomizer23

Canadian options broker other than IBKR?

/r/CanadianInvestor/comments/1ex66u4/canadian_options_broker_other_than_ibkr/

1ex8oj0

I have 30 shares of VOO in my QUESTRADE TFSA account in usd. Any value in selling it all, exchanging it to CAD and purchasing VFV? Or will I lose too much in the exchange? I’m looking to recapture some of that 15% dividend I’m missing out on. But not sure if it’s worth it or if I should just leave it alone.

tacosforbreakfast_

Sell and exchange VOO for VFV?

/r/CanadianInvestor/comments/1ex8oj0/sell_and_exchange_voo_for_vfv/

1exaxnx

Any Canadian brokerages you recommend that just take a flat commission per trade rather than commission off of spread? I'm new to this just trying to weight the options I know brokerages are going to make money in one way or another but I do not like the spread? Would appreciate some advice and maybe a recommendation? Thanks

Quick_Elk3813

Any Canadian brokerages or brokerages that accept Canadians with no spread?

/r/CanadianInvestor/comments/1exaxnx/any_canadian_brokerages_or_brokerages_that_accept/

1exc6cs

MCRN_Admiral

‘Foreign investors show little interest in Canadian equities’, notes Scotiabank strategist (via: theglobeandmail.com)

/r/CanadianInvestor/comments/1exc6cs/foreign_investors_show_little_interest_in/

1exdc4a

My net worth is quite low. But at age 22, finally not broke anymore (and determined to keep it that way), I'm finally starting to get serious about saving and investing for my future. I stumbled upon this ETF with a huge yield of 15%. I was super into their banking exposure (I have a lot of confidence in Canadian banks), I like that they're not backing themselves with risky leveraged assets, and I'm really excited about cashflow. I bought just a few shares and I earned $1 in just a month. Dividend investing appeals to me for many reasons. I understand intuitively that the cash I receive is coming out of the fund's bottom line and may affect growth, but I'm generally confident in the ability of funds and corporations to be responsible with their yields. They're not idiots. They'll cut spending if the company is in trouble. I like having an ongoing option to either reinvest or to cash out if I need the money. I want to keep dividend investing as a small portion of my overall net worth. But I do want to keep buying. Before I keep investing in HMAX (and other dividend assets), does anyone have any advice? Either on this ETF or on the practice of dividend investing in general.

PhiliDips

I *really* like TSX: HMAX. Should I be wary of dividend investing as an early-stage investor?

/r/CanadianInvestor/comments/1exdc4a/i_really_like_tsx_hmax_should_i_be_wary_of/

1exf6m3

Hey all, I'm looking for some ETF recommendations within the energy sector. Can anyone suggest any good, great and phenomenal ETF's in that sector? Thanks!

Art_by_Nabes

ETF Question

/r/CanadianInvestor/comments/1exf6m3/etf_question/

1exlofc

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

OPINION_IS_UNPOPULAR

Daily Discussion Thread for August 21, 2024

/r/CanadianInvestor/comments/1exlofc/daily_discussion_thread_for_august_21_2024/

1exreu4

I've been using Questrade to buy US stocks. Is this the best way to purchase us stocks? Am I losing on Cad to USD conversion? Should I switch to IKBR?

Platti_J

Buying US Stocks through Questrade

/r/CanadianInvestor/comments/1exreu4/buying_us_stocks_through_questrade/

1exttel

Which one should I max out first and why?

marcelthehippo

Maxing out TFSA vs RRSP vs FHSA

/r/CanadianInvestor/comments/1exttel/maxing_out_tfsa_vs_rrsp_vs_fhsa/

1ey1ict

What is the best strategy to start investing from scratch in retirement with 250k cash at 65 years old? So my dad's generation was sold on high fee mutual funds and unfortunately his only experience with the market was losing a chunk of his money in Nortel back in the day. This pretty much scarred him from ever educating himself on investing and he never really did anything outside his mutual fund guy. He trusts me and I want to help him. I have 80% of my money split across VOO, VEQT, QQQ, VGRO and a few more smaller ETFs. But Im in my 30s, so I have time to weather any market volatility. I want to liquidate and reinvest his mutual fund money. What is the right strategy for someone approaching or in retirement? Imagine you were in your 60's with 250k cash in a wealth simple rrsp account. How would you redistribute it?

silversnake10

What is the best strategy to invest in retirement from scratch for a 65 y/o with 250k?

/r/CanadianInvestor/comments/1ey1ict/what_is_the_best_strategy_to_invest_in_retirement/

1ey28ij

TakedownMoreCorn

TD Bank takes US$2.6 billion hit on U.S. probe, sells Schwab shares

/r/CanadianInvestor/comments/1ey28ij/td_bank_takes_us26_billion_hit_on_us_probe_sells/

1ey4r9o

Chromatic_Chameleon

Cheapest & easiest way to send money from an EQ account to IB account?

/r/CanadianInvestor/comments/1ey4r9o/cheapest_easiest_way_to_send_money_from_an_eq/

1ey5hc4

First of all, I’m grateful and fortunate to be in a situation where I can afford to pay as much as 35% on a house downpayment after aggressively saving. However, I need some advise on how best to maximize the cash available to me. This are my details: PP: $759,000 Cash Available: $265,000 Rate: 4.74% 3yr Fixed Emergency Funds for 3 months also available. Option 1: Direct all the cash as downpayment for house (35%). Pros: better monthly cash flow Cons: >50% of HH net worth tied up in real estate Concerns: I’m not expecting significant increase in RE value based on economic data available today (Inflation, GDP, HHI) Option 2: Pay only 20% as downpayment to avoid CMHC insurance and diversify the rest into stock market. Pros: Better HHNW diversification Cons: Tighter monthly cash flow Concerns: Stock market’s historical performance is not an indicator of future performance, unknown global events (but the past 5-10yr run has been impressive). Qstn 1: If you were in my shoes, what option would you prefer and why? Thanks in advance for your input.

Impossible_Ad_9684

How do I maximize my finances: Downpayment vs Stock Market

/r/CanadianInvestor/comments/1ey5hc4/how_do_i_maximize_my_finances_downpayment_vs/

1ey7u49

reallyneedhelp1212

TD’s U.S. retail bank, once prized, now drags down its stock price

/r/CanadianInvestor/comments/1ey7u49/tds_us_retail_bank_once_prized_now_drags_down_its/

1eyffzm

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

OPINION_IS_UNPOPULAR

Daily Discussion Thread for August 22, 2024

/r/CanadianInvestor/comments/1eyffzm/daily_discussion_thread_for_august_22_2024/

1eygdln

Puginator

Canadian National and Canadian Pacific Kansas City shut freight network after impasse over union talks

/r/CanadianInvestor/comments/1eygdln/canadian_national_and_canadian_pacific_kansas/

1eyi79c

reallyneedhelp1212

TD misses estimates on wealth management after hit from U.S. probe

/r/CanadianInvestor/comments/1eyi79c/td_misses_estimates_on_wealth_management_after/

1eyiwef

Anyone know what I should be looking for in terms of the ETF? there is a lot of them that hold bitcoin. is it just a matter of finding the one with the lowest fees? anyone have suggestions? Thanks

NewMom2002

If I wanted a little bit of exposure to Bitcoin and have room in my TFSA, is a bitcoin ETF the way to go?

/r/CanadianInvestor/comments/1eyiwef/if_i_wanted_a_little_bit_of_exposure_to_bitcoin/

1eyk52g

I was trying to buy a stock on premarket on Questrade, this was a small stock and I placed a limit order with almost the same price as market. I waited an hour or so and it did not get purchased. Is this normal on premarket on Questrade? I want to take advantage of some premarket prices once the market opens. How are people buying these stocks? It seems like prices jump quite heavily before the market opens and midday they drop.

Platti_J

Buying Pre and After Market on QT

/r/CanadianInvestor/comments/1eyk52g/buying_pre_and_after_market_on_qt/

1eykuum

Hi all I’m looking for advice/opinions. I’m mainly invested in ETFs and VOO is almost back to ATHs and I’m thinking of selling a small percentage of my portfolio to gain some cash because I feel like there will be some nice dips in the near future. Does anyone else do this and have some sort of strategy that has worked for them?

aur21

Cashing out at ATHs

/r/CanadianInvestor/comments/1eykuum/cashing_out_at_aths/

1eylp7r

Tacobelladdict1

How can I reduce currency risk?

/r/CanadianInvestor/comments/1eylp7r/how_can_i_reduce_currency_risk/

1eymqre

Hey everyone, I’ve been looking to diversify my portfolio and would like to know if there is an ETF(or combination) that covers international market excluding North America?

EtTruciMesorem

ETF excluding NA

/r/CanadianInvestor/comments/1eymqre/etf_excluding_na/

1eyp7pj

I currently use WealthSimple’s TFSA to invest. When I started investing, I put all of my money into VOO and didn’t know what VFV was. I now have 920 USD invested in VOO, and 305 CAD invested in VFV. I recently learned that VOO is subject to US Tax Withholding if invested in a TFSA. Should I sell all of my VOO and buy VFV with that money? Or should I leave the VOO and just start buying VFV from now? Or is there another recommend course of action? Thanks

EtTruciMesorem

Sell VOO for VFV?

/r/CanadianInvestor/comments/1eyp7pj/sell_voo_for_vfv/

1eyuj2z

ShralpShralpShralp

Federal government sends rail dispute to binding arbitration

/r/CanadianInvestor/comments/1eyuj2z/federal_government_sends_rail_dispute_to_binding/

1eyw1iw

Curious to know what everyone has planned for their children’s RESP as I look to getting the right amount in in time for my child’s university costs. I’m going to assume to save up for a 4 year degree & possibly a masters. My child is 7 at the moment How have you planned your contribution so that your children have enough ? How have you factored in the compound growth ? TIA

Expense-Hacker

$kool Money

/r/CanadianInvestor/comments/1eyw1iw/kool_money/

1eyw2ni

reallyneedhelp1212

Enbridge Sees Strong Oil Demand in 2050, With US Supply Growing

/r/CanadianInvestor/comments/1eyw2ni/enbridge_sees_strong_oil_demand_in_2050_with_us/

1eyxnrv

Have used Scotia iTrade since Etrade Canada on a Windows PC workstation. Have been reasonably satisfied and really like the Trade Pro platform. Trade Pro is a big improvement over the buggy, difficult JAVA based Flightdesk. I continue to use the Classic View as the new interface lacks a number of features and still seems buggy. I can't find Alerts which send alerts to my email address and the sub-account Transaction interface does not work well. The Classic view allows me to look up old Scotia Capital analyst reports. Not the new interface. I am using Microsoft Edge on Windows 10. Might experiment with Chrome to see if that works better. I am not about to switch to Interactive Brokers Canada. That discount broker is ideal for somebody trading actively small amounts of shares and options. I do dabble in junior resource companies, once in a blue moon in options but normally focus on TSX mainboard and NYSE larger cap companies and ETFs. Interactive Brokers is too expensive for trading more than board lots. So if I tire of iTrade, which Canadian discount broker would you recommend?  

solvkroken

Scotia iTrade new PC interface

/r/CanadianInvestor/comments/1eyxnrv/scotia_itrade_new_pc_interface/

1ez6fg6

None

Montreal-based WSP becoming ‘the global leading engineering firm’ in energy sector: CEO – BNN Bloomberg

/r/CanadianInvestor/comments/1ez6fg6/montrealbased_wsp_becoming_the_global_leading/

1ez8vzg

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

OPINION_IS_UNPOPULAR

Daily Discussion Thread for August 23, 2024

/r/CanadianInvestor/comments/1ez8vzg/daily_discussion_thread_for_august_23_2024/

1ezlwji

Please excuse me for the dump question. I'm new to stock analysis and was wondering what the heck happened during these 10 days? I see there was a stock split time around exactly this time. If that is the incident cause, I really don't get what's to gain for this for the people who doubled the valuation? Thanks for your answer

nuketro0p3r

What happened to the CRC stock in June?

/r/CanadianInvestor/comments/1ezlwji/what_happened_to_the_crc_stock_in_june/

1ezm8af

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

OPINION_IS_UNPOPULAR

Weekend Discussion Thread for the Weekend of August 23, 2024

/r/CanadianInvestor/comments/1ezm8af/weekend_discussion_thread_for_the_weekend_of/

1ezmkkq

In a day where every market is up 1% or more, VFV was in the negative and just barely made it to the green by the end of the day…. Any idea why?

kingofwale

What happened to VFV today?

/r/CanadianInvestor/comments/1ezmkkq/what_happened_to_vfv_today/

1ezoxqp

1. I'm 30 years old and have $20k to invest in XEQT. My plan is to hold it until retirement, so I'm not planning on touching it for a long time. **Given that the market is currently quite high, should I do a lump sum contribution now or spread it out over time?** 2. I also have a Wealthsimple Robo Advisor account and am considering moving my investments to XEQT within a LIRA (Locked-In Retirement Account). **Does anyone know if Wealthsimple has to sell the investments for an in-kind transfer? And is now a good time to make this switch?** 3. Lastly, I have $10k sitting in [cash.to](http://cash.to) I don't have any particular goals. Should I keep it in cash, or is there a better place to park this money? I sometimes feel the urge to do something more active with my investments, but I understand that passive investing is generally the way to go. Any advice or thoughts would be greatly appreciated!

eosworld

Investing $20k in XEQT + Wealthsimple Robo Advisor to XEQT Transfer

/r/CanadianInvestor/comments/1ezoxqp/investing_20k_in_xeqt_wealthsimple_robo_advisor/

1ezq0xj

Are there any reasons to choose Canadian USD cash ETFs like PSU.U or HSUV.U instead of their US counterparts like SGOV? The MER is similar (in some cases with an advantage to US ones like SGOV at 0.09%). The volume is a couple of orders of magnitude larger on the US ETFs which makes them more liquid. Are there any tax locations?

mr_pomegranate

US vs Canadian USD cash ETFs

/r/CanadianInvestor/comments/1ezq0xj/us_vs_canadian_usd_cash_etfs/

1ezq77f

vancitycloudsnsun

Canada’s productivity issues ‘could require structural change’: chief economist

/r/CanadianInvestor/comments/1ezq77f/canadas_productivity_issues_could_require/

1ezvlgd

Hey all, I have never invested in Canada though opened a cash account with wealthsimple to get the 4% returns enjoying that. But now I feel like I am ready to get my hands dirty and get to real investment. I am planning to invest in stocks, but also, I don’t want to do it directly, in India we had Mutual funds. I am not sure if it exists in Canada, if yes, is there different name? I just need some good ways to invest in market yet playing it a little safe. Opinions are appreciated, suggestions are welcomed ! Thank you

Embarrassed-Shit-

A newbie to investing in Canada, have some experience back from India, need opinions on where to invest, high returns yet a little bit safe.

/r/CanadianInvestor/comments/1ezvlgd/a_newbie_to_investing_in_canada_have_some/

1ezwgly

How many times i can buy and sell single stock in my TFSA account? And what's the tax implications of it. Thank you all in advance

Guri85

Buying and selling one stock in TFSA

/r/CanadianInvestor/comments/1ezwgly/buying_and_selling_one_stock_in_tfsa/

1f040a8

Hello. I have VFV valued around $37.2k and XSP at around $6.7k. I intend to hold and continue contributing to VFV but I wonder about XSP. I know un-hedged versions such as VFV tend to outperform over the long-term so I wonder if I should just hold my XSP or sell off in pieces whenever it does better than VFV and buy VFV with it. Should I just hold it or should I transfer it to VFV. If the latter, then is there a smart way to do it? XSP has been doing better the last month or so, so would it make sense to sell a little XSP now and buy some VFV with it? Should I keep it and wait for a larger disparity between CAD/USD? This all in my TFSA.

mozeda

Owning VFV and XSP

/r/CanadianInvestor/comments/1f040a8/owning_vfv_and_xsp/

1f05tn6

Hi, I am desperately trying to find the actual information on the fees for Nvidia Can Hedged, trying to figure ou if I should buy US and pay conversion fee or if the fees of the Canadian Hedged makes it worth it. I can't seem to find the exact information online, I find either .5% or .6% depending on the reddit thread. Thank you so much!

KreddyFrueger49

MER for Canadian Hedged NVIDIA

/r/CanadianInvestor/comments/1f05tn6/mer_for_canadian_hedged_nvidia/

1f0kbt7

I have some USD in my cash account (should hv converted to CAD @ 1.39) that I plan to hold and hope for a better exchange rate into CAD. If I held Canadian stock - eg ENB on the NYSE in USD, would there be a withholding tax on dividends in my cash account, given that its a Canadian company? Any other downside? Thank you!

Ok_Error_6386

Dividends when Holding US listed CAD Stocks

/r/CanadianInvestor/comments/1f0kbt7/dividends_when_holding_us_listed_cad_stocks/

1f0l8yh

If the conservatives win in 2025 will Pierre Poilievre Increase the TFSA limit? Just before Harper left in 2015, he hiked the TFSA limit to 10k but, as soon Trudeau came in he rolled it back down to 5500. I feel like TFSA was a great move perhaps one of the best policy decisions of Harper government, encouraging household savings and helping the middle class get ahead without the burden of taxes. Trudeau’s argument to roll it back was that it only helped the “wealthy” I don’t think if you’re saving 10k in a year that’s about 833$ a month you’re super rich. It just shows you are spending frugally. One can be making 3k a month after taxes, living in a small town sharing an apartment spending 2k and still have enough money for a 10k TFSA.. But I don’t know. Maybe there’s something I’m missing?

Sure_Group7471

If the conservatives win in 2025 will Pierre Poilievre increase the TFSA limit?

/r/CanadianInvestor/comments/1f0l8yh/if_the_conservatives_win_in_2025_will_pierre/

1f0yics

Is there a sell order type if my stock goes down below certain price and also sell when it reaches a certain profit triger automatically? Basically all in one order whichever hits first. Or do I have to place two separate orders on the stock whichever hits first?

Platti_J

Help me understand Stock Sell Orders

/r/CanadianInvestor/comments/1f0yics/help_me_understand_stock_sell_orders/

1f11ufw

Which Canadian discount brokers offer either free or very inexpensive Level II depth , at least for the TSX mainboard? Or are there sources of Level II depth outside the discount brokers that are less expensive? Scotia iTrade offers no extra charge Level II depth for the TSX mainboard and the NYSE if you have a total of C$250 or more of assets and cash in your account, for example.

solvkroken

Level II depth

/r/CanadianInvestor/comments/1f11ufw/level_ii_depth/

1f136el

I am going to do it through my TFSA in TD Web Broker. It is set up so I can convert my CAD to USD to invest. Any tax or dividend implications/differences in investing in a US stock through TFSA? Thank you 🙏

Yosemite-5am

Downsides to investing in NVIDIA in $USD?

/r/CanadianInvestor/comments/1f136el/downsides_to_investing_in_nvidia_in_usd/

1f139sm

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

OPINION_IS_UNPOPULAR

Overnight Discussion Thread to Kick Off the Week of August 25, 2024

/r/CanadianInvestor/comments/1f139sm/overnight_discussion_thread_to_kick_off_the_week/

1f1b3ei

I have a purchase share plan with work and it’s been accumulating for years but unfortunately I really need it due to life becoming insane. However I don’t want next year to come and have to pay more taxes because I did this. How do I know what I owe next year? Do I only pay if it’s a capital gain? Thanks! Edit sorry: I mean non registered account transfer (selling) to bank account (cash). Sorry to everyone who’s frustrated with my question but I’m pretty low knowledge regarding investments and taxes and I’m trying to learn.

vintagebaddie

What is a deemed disposition (non reg to tfsa)? (Canada-Quebec)

/r/CanadianInvestor/comments/1f1b3ei/what_is_a_deemed_disposition_non_reg_to_tfsa/

1f1dmxw

Hi everyone, I’m noticing many short sell opportunities in the US market right now and want to get involved. However, I’m having trouble finding a broker that provides information on short interest rates and values. Additional technical analysis tools would also be a bonus. Can anyone recommend a broker with user-friendly short sell tools? Thanks in advance!

londrinswm

Which broker offers user-friendly short sell tools?

/r/CanadianInvestor/comments/1f1dmxw/which_broker_offers_userfriendly_short_sell_tools/

1f1fqv3

okay, so I'm making this post right now so I can wake up and read all the comments. so I've been "jobless" for months now and though I'm looking for a job I can't find any. That is not going to stop me from trying to find one but while I was looking for a job I came across a crypto "job". In essence, I give hotel reviews, and they give me cryptocurrency, but sometimes you have to put in some of your money to get even more money. I did the math for me and for me, this is very impractical. at the end of the first day, you could withdraw 300 dollars, but on the second day you need to put in 350 to withdraw 700 and the money keeps going up and up. the amount of money you have to put in seems to be higher than you take out most times. all that to say I'm probably not gonna be doing this "job" much more or as frequently. but now I have 600 dollars from that job, what could I do to make more money online with this 600? Could I place 100 somewhere and it grows into 150? anything helps

BoiDia

What do i do to make this grow

/r/CanadianInvestor/comments/1f1fqv3/what_do_i_do_to_make_this_grow/

1f1kfyj

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

OPINION_IS_UNPOPULAR

Daily Discussion Thread for August 26, 2024

/r/CanadianInvestor/comments/1f1kfyj/daily_discussion_thread_for_august_26_2024/

1f1p472

Came across this ETF and it looks interesting with a high yield. Im curious on your thoughts? My concern is how new it is, and my lack of knowledge tbh. Looking forward for your insights ☺️

unknownmango2

Thoughts on UMAX.TO

/r/CanadianInvestor/comments/1f1p472/thoughts_on_umaxto/

1f1uu9q

Currently AQN is the largest loss in my portfolio. Should I avg down or just sit on it. Currently averaging $16.50 a share Thanks !

UsernameStillLoading

Average Down AQN or Hold

/r/CanadianInvestor/comments/1f1uu9q/average_down_aqn_or_hold/

1f1vn1v

Currently I'm invested in vfv but I might swap considering the US having a whopping 35 trillion dollars in debt which makes it feel more safe to be hedged. They have the same managing fee and I belive Vsp has a slightly higher dividend can't recall. Any advice would be appreciated.

New-Hippo6829

Vfv or Vsp

/r/CanadianInvestor/comments/1f1vn1v/vfv_or_vsp/

1f1y5r6

Sorry for my ignorance, but how does compounding interest work on holding stocks? Do I sell the profit portion of the stock to purchase more stock or do I just leave it alone and continue purchasing from time to time whenever I have extra cash?

Platti_J

How does compounding interest work on stocks?

/r/CanadianInvestor/comments/1f1y5r6/how_does_compounding_interest_work_on_stocks/

1f24m7i

The short is I still have $21k before I hit my limit in my TFSA, and I've also been building up my savings to the point I have 20k in a savings account, which for me is nearly 2 years of savings. I figure that 10k sitting in cash is way more than enough to leave around in case of emergency, but I also have had some bad experiences with dumping a large amount into my TFSA all at once. Should I just fill it now to try to max my TFSA ASAP? Or should slowly pull out of those savings and into the TFSA month over month until I'm down to 10k? If it matters I just use my TFSA to buy the ETF's everyone tells you to buy

YaBoiNiccy

Have an extra 10k and haven't maxed my TFSA, what should I do?

/r/CanadianInvestor/comments/1f24m7i/have_an_extra_10k_and_havent_maxed_my_tfsa_what/

1f258ad

What's up people, as the title states I'm curious about GIC's. I've never invested in them before and wondering if they are worth it? My credit union has several options, I've reviewed them but would like some investor input. Any info would help. Thanks!

Art_by_Nabes

GIC's?

/r/CanadianInvestor/comments/1f258ad/gics/

1f25c4n

Hello Canafams, I'm not an educated investor, more of a blue collar mindset in a white collar job. I need advice on a lump sum ETF purchase with my 115k TFSA. Wealthsimple returns have been pretty conservative at a balanced portfolio netting 19% over 5 years. I never realized how terrible this was until now at 35m. I'm moving the total amount to a self directed TFSA and will withdraw to the limit of 95k. Based on some elementary research I've seen people go a mix of xeqt+vfv for more US exposure. I don't need this money now, and Vancouver housing prices don't make sense so I will be renting for a long time. My mind is telling me to do 60% XEQT 40% VFV for long term investing of this TFSA. Can you guys please let me know if this a bad direction to go in? also, one the funds transfer, is there any disadvantage to lump sum buying into the ETFs at once? Thank you for any advice possible!

Aedowen

Moving managed TFSA to self directed 115k - ETF strategy?

/r/CanadianInvestor/comments/1f25c4n/moving_managed_tfsa_to_self_directed_115k_etf/

1f26s5u

Hi all, we are a married couple in our late 20s in Toronto looking to get a sanity check as we are looking to buy a house. Our household income is roughly $460K. We currently have about $1.3M in liquidity outside of retirement accounts. We are looking to buy a $2M house and have the option of either 1) Putting 20% down (400K) and taking a $1.6M mortgage. Our mortgage + property tax payment will be $10,500 a month. 2) Putting larger down ($1.2M) and taking a $800K mortgage. Our mortgage + property tax payment will be $6,000 a month. Under Option 1, we could theoretically put the remainder in the S&P500 and get an average return of 8%. We could also look at doing private lending. These are both higher than the 5.2% mortgage rate. However, part of us wants to err conservative and put more down as we can easily afford the monthly payments if one of us lost our jobs (we work in tech so layoffs are common). However, we’d effectively be starting our investments from the ground up. What would you do in our circumstances?

Tuoooor

Advice for couple looking to purchase home

/r/CanadianInvestor/comments/1f26s5u/advice_for_couple_looking_to_purchase_home/

1f2d8bw

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

OPINION_IS_UNPOPULAR

Daily Discussion Thread for August 27, 2024

/r/CanadianInvestor/comments/1f2d8bw/daily_discussion_thread_for_august_27_2024/

1f2fchm

reallyneedhelp1212

Scotiabank’s quarterly profit takes hit from bigger loan-loss provisions

/r/CanadianInvestor/comments/1f2fchm/scotiabanks_quarterly_profit_takes_hit_from/

1f2fcpc

reallyneedhelp1212

Bank of Montreal misses forecasts on U.S. weakness, higher provisions

/r/CanadianInvestor/comments/1f2fcpc/bank_of_montreal_misses_forecasts_on_us_weakness/

1f2kk7v

I’m interested in gaining exposure to a firm, or several, operating primarily in the digital infrastructure industry. My risk tolerance is high and my investment horizon is medium to long term. I am looking to invest in equity. My preliminary research suggests the market for data centres in Canada is fragmented. Some larger infrastructure companies in Canada have business units that operate in this area, however IT infrastructure does not appear to represent a significant portion of their Capex. Enbridge and TC, for example, seem to be focused on powering data centres rather than developing them. I’m wondering if anyone can provide some insight into investments in the industry or companies I should look at in depth. I’m aware of $DBRG, $EQIX, and $DLR - haven’t been able to find much in Canadian markets.

biturbowagon

Digital Infrastructure Investments in Canada

/r/CanadianInvestor/comments/1f2kk7v/digital_infrastructure_investments_in_canada/

1f2kone

Hi folks! Unfortunately got caught in the Mutual Fund trap for my TFSA, FHSA, and RRSPs last quarter when I was opening my accounts. (I'm younger working in big tech and finally took a holiday to get my finances sorted). For the sake of simplicity I'd like to stay with Scotia. After doing a heck of a lot more research I'm pretty sure I want to be in an ETF instead of a mutual fund, and beyond that I'd want to be in an S&P500 tracking ETF. As far as I can tell the closest option for what I'm looking for (a scotia equivalent to VFV) is scotia SITU. Outside of simply choosing the ETF, I wanted to ask for what I should expect when trying to move funds from the mutual fund accounts to ETFs, even if it's through Scotia. Should I expect to pay a penalty for moving the funds? If so, how bad? Or do I need to close my FHSA, TFSA, RRSP accounts, then open new ones?

Camofelix

Moving from mutual funds to S&P 500 ETFs: options through Scotia?

/r/CanadianInvestor/comments/1f2kone/moving_from_mutual_funds_to_sp_500_etfs_options/

1f2mgq0

Curious to know if anyone is aware of where I could get a secured auto loan ? I know they are typically secured with a hard asset. Im trying to add an auto loan tradeline on a credit report for a period of 6months. Open to paying in advance to secure it.

Expense-Hacker

Where to get a secured auto loan for Investment Prep ?

/r/CanadianInvestor/comments/1f2mgq0/where_to_get_a_secured_auto_loan_for_investment/

1f2qr5l

Hi everyone, I'm fairly new at investing and looking for some advice on how I should go about building my portfolio. I've been fairly low income my whole life but have recently received a gift of 40k from a family member which I intend to use responsibly in hope that this money can be the foundation of my eventual retirement fund or possibly a down payment on an apartment. A little context about my current situation: I am currently in my last semester of business school and expect to be able to get a job in a provincial government ministry in the new year. I will have around 9000 dollars in student loans to repay, but don't have any other debt. I am in my mid 20's and have a partner who makes a good wage in their new job, but has little existing savings. I have $10,000 in a high interest TFSA savings account, and $44,000 split between non-TFSA bank accounts. My current investments are very small, about $1000 of XEQT as well as a few shares of TD Bank stock in a Wealthsimple TFSA. With some quick calculations, I estimate I have about $45,000 worth of TFSA contribution room left this year. I have a few specific questions regarding how I should utilize my money. 1. I intend to invest the majority of it in stable ETFs for long term growth. Should I try to diversify my portfolio buy investing in a variety of them, or should I subscribe to the "just buy XEQT" theory that is so prevalent on Canadian finance subreddits? I am not very risk adverse as I'm prioritizing long term growth, and am comfortable with occasional bouts of market volatility. 2. I've also thought of using some of my capital (maybe 5-8k) to purchase shares which pay decent dividends so that I can re-invest that money into ETFs. I currently have my eye on BCE, POW, and ENB. Is this a worthwhile strategy as I currently don't have an income source, or should I just stick to ETFs from the get-go? 3. If I want to consider opening an FHSA in the future (say 5 years from now), will I encounter difficulties moving some of my money from my TFSA? 4. Is Wealthsimple a good platform for someone like me to be using? I am trying to minimize the fees I pay, and the .5% is much more reasonable than the 2% rate that my bank charges. Is something like Questrade better? I apologize if any of these questions seem dumb, I'm pretty new to this but trying to learn as much as I can and not make mistakes along the way. Any other advice not covered by my questions is welcome and appreciated. Thanks for taking the time to help me!

themoist

Seeking advice on building my portfolio for long term growth as an inexperienced investor

/r/CanadianInvestor/comments/1f2qr5l/seeking_advice_on_building_my_portfolio_for_long/

1f2rjf0

Whenever I try to set up any limit order (stop limit, or trailing stop), I get "Order Type is not allowed on this Market." error. Why are those orders not allowed and what's the point of using an exchange that doesn't allow them? I have COSTCO CDR and Cad hedged Amazon, but think I'd be better off just selling them and buying the original stocks on US exchanges, taking some loss on the USD/CAD exchange but having the peace of mind of limit orders, right? Edit: for clarity I trade on TD Waterhouse.

red220423

Cboe/NEO Exchange - no limit orders

/r/CanadianInvestor/comments/1f2rjf0/cboeneo_exchange_no_limit_orders/

1f2wa0w

pokerinvite

when you transfer out (all in cash), will that automatically close the account?

/r/CanadianInvestor/comments/1f2wa0w/when_you_transfer_out_all_in_cash_will_that/

1f2xusf

So I have 55k lying around right now which I want to put away. My idea is I want to get a TFSA account and start investing in a&p 500 because of the yearly returns, let it compound and not touch it at all for the next 30-40 years. That said.... What's a better platform to put my money in? I heard wealth simple gives 4% back yearly but does that also apply to a TFSA in wealth simple? Also would you say a bank is better or wealthsimple? P.S. sorry being inept in this lol I need y'all opinions

EatSomeProtein

Wealthsimple vs Banks TFSA

/r/CanadianInvestor/comments/1f2xusf/wealthsimple_vs_banks_tfsa/

1f2xxyd

I have about $20k that I'll need to spend in 6 months for an upcoming expense. Suggestions for what to do with it until then?

mittylou

6 month investment timeframe

/r/CanadianInvestor/comments/1f2xxyd/6_month_investment_timeframe/

1f2ym4s

Hey Everyone, I am trying to figure out what is better to invest in. Should I purchase US ETFs like IVW or Canadian version XUS. Same with Vanguard. I do understand that there is a currency conversion hit but which one is actually better to hold long term? Sorry for the dumb question, just starting out and want to understand the differences.

davycrazyops

US vs Canadian ETFs - need help

/r/CanadianInvestor/comments/1f2ym4s/us_vs_canadian_etfs_need_help/

1f36a85

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

OPINION_IS_UNPOPULAR

Daily Discussion Thread for August 28, 2024

/r/CanadianInvestor/comments/1f36a85/daily_discussion_thread_for_august_28_2024/

1f38a6e

reallyneedhelp1212

RBC beats estimates on domestic banking, lower loan provisions

/r/CanadianInvestor/comments/1f38a6e/rbc_beats_estimates_on_domestic_banking_lower/

1f38bpp

Trusteddy

National Bank of Canada's profit rises on wealth management, markets strength

/r/CanadianInvestor/comments/1f38bpp/national_bank_of_canadas_profit_rises_on_wealth/

1f3h9e0

I'm expecting a cash settlement sometime in the near future. The plan is to use the money to build a house on my family's property. What is everyone's advice for a short term (perhaps 6 months) investment while I plan for the build and wait for decent weather. The two factors are safety of the investment and return on investment. Thank you in advance.

DungeonDilf

Short term investment question

/r/CanadianInvestor/comments/1f3h9e0/short_term_investment_question/

1f3kp5m

Hi, Im looking to diversify my portfolio a bit and I want to invest in a REIT ETF for the long term with recurrent buy every week. I had [RS.TO](http://RS.TO) in the past but sold it recently because I didn't like the split share thing and the performance compares to other REIT ETF was not crazy. [https://stockcharts.com/freecharts/perf.php?RS.TO,MREL.TO,XRE.TO,VRE.TO,VNQ](https://stockcharts.com/freecharts/perf.php?RS.TO,MREL.TO,XRE.TO,VRE.TO,VNQ) Ideally I would like one with 50% US and 50% Canada but that's not an obligation What are your suggestions for REIT ETf ?

clemham

REIT ETF

/r/CanadianInvestor/comments/1f3kp5m/reit_etf/

1f3olea

I recently took my finances into my own hands at 28 and started reading books on investing and saving. In some of the books I read that they strongly advise against % paid financial advisors compared to the ones that will consult with you on an hourly rate. My question is to those who went with an advisor that paid by the hour: what type of financial advice did you recieve from them and do you think it was worth consulting? My current household income is above 250k and we have a 180k mortgage as our only debt. We also just received a 30k insurance claim for the storm that hit Quebec two weeks ago (although my repairs are closer to 10k). We have another 30k in savings/investments in TFSA accounts split between the two of us. Thanks for the input!

UGLYSimon

Financial advisors

/r/CanadianInvestor/comments/1f3olea/financial_advisors/

1f3p8y4

I've been holding over 200 shares since 2018/19 and have been revinvesting dividends. Hoping to be one of those old guys who owns it for 30 years and brags about his low cost share price.

steamingpileofbaby

How long have you owned Royal Bank stock?

/r/CanadianInvestor/comments/1f3p8y4/how_long_have_you_owned_royal_bank_stock/

1f3ykjv

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

OPINION_IS_UNPOPULAR

Daily Discussion Thread for August 29, 2024

/r/CanadianInvestor/comments/1f3ykjv/daily_discussion_thread_for_august_29_2024/

1f3zm4c

My understanding is that they have the same expense ratios but QQC is not hedged. Which one would make the most sense in a TFSA portfolio and why?

TheMoeOG

QQC.TO vs QQC.F.TO in TFSA?

/r/CanadianInvestor/comments/1f3zm4c/qqcto_vs_qqcfto_in_tfsa/

1f3zwy5

My parents never taught me any financial literacy growing up and now at 30 I really want to start budgeting and investing. Going with the 50/30/20 rule leaves me somewhere around $750 to invest every month. I need help trying to split it up. Here's my current split. All in my TFSA. $250 per month in XEQT for diversification and exposure. $250 per month in CASH.TO to generate tax free growth with zero risk of drawdowns. More or less a savings account. $250 per month in my Wealthsimple managed TFSA for further diversification including bonds. I am unsure about my managed TFSA being inefficient or redundant.

pennybones

First time investor looking for advice.

/r/CanadianInvestor/comments/1f3zwy5/first_time_investor_looking_for_advice/

1f4980v

Curious to learn how everyone is investing between USD and CAD, including stocks, ETFs, mutual funds, etc. I'm invested almost fully using USD, in all of my TFSA, RRSP, and non-registered DI accounts. The only exception being our RESP which is invested in [VFV.TO](http://vfv.to/) (S&P500 index ETF) using CAD. From my current understandings... Risks: * Another layer of risk exposure through forex * Exchange fees will be hectic when I start to cash out later in my life Benefits: * Better companies to invest in US market * Every dollar earned have an instant 20\~40% surplus due to forex I do have a big assumption that US and Canada will maintain the forex ratio as US would like to continue trading with Canada with stronger USD, and Canada wanting to keep the trades in order to keep its economy going (something other than real estate). Also due to how Canada closely follows US' interest rates most of the times. How are you invested in today's market? Would love to learn about your thoughts and also if there is something I'm missing. Thanks in advance.

Donday90

How many are fully invested using USD?

/r/CanadianInvestor/comments/1f4980v/how_many_are_fully_invested_using_usd/

1f4abls

Putting it here as a reference for people searching in Reddit /Google/etc using Google Sheets to track their stocks and can’t find the stock exchange code. Hint: search for the stock on Google Finance, the exchange code will be there. Took me a while to realize this while adding to my spreadsheet a stock on the Tsx Venture. Example: =GOOGLEFINANCE(“TSE:XAW”, “Price”) Toronto Stock Exchange = TSE TSX Venture = CVE NASDAQ = NASDAQ NYSE = NYSE

defnotjackiec

Googlesheets Googlefinance exchange index listing

/r/CanadianInvestor/comments/1f4abls/googlesheets_googlefinance_exchange_index_listing/

1f4cbum

Hi All, Just wondering what you would do in my situation. I have messed up a few investments along the way, but here it goes...I am up for a mortgage renewal this year. I was thinking of pulling out equity ( \~150k) from my house and either investing it the stock market or buying a rental property. Feels like if I am buying a property, I'd be buying at ATH. That said, I have been saying that for years... Current mortgage is \~400K and House value \~ 800K....My savings are \~ 30k, I have \~ 450k in investments (LIRA, RRSP, Crypto)(only 20K is in TFSA though). I am dreaming, but I like to retire in 15years.... All advice is appreciated. TIA

Important-World-6053

WWYD- Advice needed

/r/CanadianInvestor/comments/1f4cbum/wwyd_advice_needed/

1f4djby

Does anybody know how the CRA taxes you on investment incomes on a joint Non-Reg account?

cclarkson24

Investment incomes on a joint Non-Reg account

/r/CanadianInvestor/comments/1f4djby/investment_incomes_on_a_joint_nonreg_account/

1f4ed2f

What do you think about selling number of shares from an etf like VFV or XEQT that equals the yearly profit then investing this money in a GIC? All within your TFSA or RRSP? Is this a bad strategy? If so? Why? Could this affect contribution room for TFSA/RRSP?

One-Membership7698

Selling yearly ETF profits and putting money in a GIC

/r/CanadianInvestor/comments/1f4ed2f/selling_yearly_etf_profits_and_putting_money_in_a/