All Questions
117
questions
2
votes
2
answers
158
views
Investing $10k capital gain short term or long term in Canada
I have recently received $10k from the sale of a personal asset, deposited to my chequing account. I have no need to spend this money right now, so I would like to invest it. I have an RRSP but have ...
- 267
9
votes
5
answers
3k
views
Withdrawing cash from investment: take money from underperforming fund?
Suppose Bob has $15K invested in an account with 2 funds (for this question we'll assume a Canadian RRSP, but the country/tax implications probably aren't relevant).
He has $10K in a conservative ...
- 190
6
votes
3
answers
19k
views
What are the tradeoffs with the small scale managed fund Wealthsimple?
I recently encountered a targeted ad about Wealthsimple. From what I have read it is an investing tool for mobile devices that helps you passively invest. I understand that it is for people who are ...
- 436
4
votes
2
answers
125
views
Personal Investment Account for US citizen residing in Canada
I'm a US citizen residing in Canada.
Can anyone recommend a service I can use to manage a personal investment account (USD) under these circumstances?
I only need to deposit money once, and maybe ...
- 220
4
votes
3
answers
7k
views
Investing while the Canadian dollar is really low
I have just started to get into investing now that I have a steady job, pension plan, government bonds, and good savings. With the Canadian dollar being close to $0.70 USD, it seems like a waste to ...
- 143
1
vote
0
answers
238
views
New TD D-Series funds: are they worth considering (unknown expense ratios)?
I am currently a holder of TD's e-Series funds in my investment portfolio.
However, the other day, I came across a new series of funds offered by TD: D-Series funds.
From what I can tell, the funds ...
- 1,293
5
votes
1
answer
3k
views
US Citizen Buying Rental Property in Canada
I currently own a few rentals (town homes / condos) in the United States. I pay on average about 1% higher interest because it's not owner occupied. I have friends in Canada. I've been told there are ...
- 1,541
3
votes
3
answers
5k
views
Is it smarter to buy a small amount of an ETF every 2 or 3 months, instead of monthly?
Hereafter, all money is in Canadian Dollars. My relative in Canada buys and holds for the long run. She plans to invest around $2000 of only ETFs monthly.
Market timing is hard; so she refuses it.
...
user10763
8
votes
2
answers
1k
views
Is Buying American Shares in Canada a Good Idea?
I am looking at buying some American based shares such as SPY (the S&P 500 Index ETF), but I am in Canada. I am wondering if buying something like this will have any consequences (e.g. I have to ...
- 515
2
votes
1
answer
2k
views
What are Some Good Low Cost Index Funds to Invest in for the Long Term?
I am 19 years old (in Canada) and have heard that "Low Cost" index funds are a safe and highly profitable way to invest small amounts of money each month.
My aim is to invest every month until I am ...
- 515
1
vote
1
answer
335
views
Why Does My Tax Free Savings Account Say I Have 0 Contribution Room as of 2015?
I am living in Canada, and I recently went to http://www.cra-arc.gc.ca/esrvc-srvce/tx/ndvdls/myccnt/menu-eng.html and tried to check my TFSA contribution room for this year. I turned 18 on February ...
- 515
3
votes
1
answer
930
views
TIAA-CREF equivalent or else other tax-sheltered plan types in Canada, beyond TFSA?
After reading the book "Money: Master The Game" by Tony Robbins, he mentions that many Americans use a TIAA-CREF account for tax sheltered savings.
Besides a registered TFSA (Tax Free Savings Plan), ...
- 227
16
votes
4
answers
3k
views
I guess I'm American (by birth). I'm Canadian... my investment company is asking an impossible question. I don't have an SSN, what to do? Lie?
When I was born (1976) they did not automatically assign SSNs to kids (according to my mother). I guess that's not the case now. I only lived there for a few years and I gather I am a US citizen by ...
- 446
2
votes
2
answers
462
views
Investments beyond RRSP and TFSA, in non-registered accounts?
I am Canadian, with income just below marginal higher rate. My RRSP contributions were always filled, and the rest went to extra mortgage payments.
I just finished paying off the mortgage and will ...
3
votes
4
answers
904
views
How can a 'saver' maintain or increase wealth in low interest rate economy?
If low interest rates disadvantage 'savers' what are they supposed to do if they are not inclined to buy and spend? Where should you put your money (instead of it stagnating in low interest rate ...
- 131