All Questions
117
questions
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 ...
- 1
2
votes
1
answer
3k
views
Tax lien investing: Possible in Canada?
I was just reading on the tax lien investing process and how it works in the United States.
I was wondering if it happens in other countries. In specific, I would like to know if it happens in Canada ...
- 1
0
votes
1
answer
31
views
Calculating Canadian Capital Gain or Loss After Loan and Investment
Consider the following hypothetical scenario involving trading with margin in Canada w/ made-up exchange rates:
I take out a $100,000 USD loan on Jan/01 - ($150,000 CAD)
I lose all of it immediately ...
- 1,570
1
vote
1
answer
294
views
Do you use the trade date or settlement date for CRA reporting capital gains, especially for exchange rates?
Suppose you engage in the following investment transactions while a Canadian resident:
(Buy MSFT) Trade Date: Jan 1st. Settle Date: Jan 3rd.
(Sell MSFT) Trade Date: Jan 10th. Settle Date: Jan 12th.
...
- 178k
1
vote
1
answer
186
views
Can I transfer stocks from a margin account to a TFSA to avoid capital gains tax?
I am new to trading and ended up opening a margin account rather than a TFSA a few months ago. I know I can sell my stock and then buy it again in the TFSA, but the stock price has gone up and I am ...
- 53.1k
1
vote
2
answers
181
views
What kinds of investments are available in Canada to offset inflation impact?
I would sincerely appreciate your advice on the following topic: what kinds of investments are available in Canada to offset (at least, partially!) the impact of inflation?
I am not a financial expert,...
- 138k
0
votes
1
answer
132
views
Indebted to managed investing service by entry error
Hello recently according to a promotional offer, I decided to put some money into a Wealthsimple managed investing account. However when specifying how much, I accidentally entered too many zeros.
...
- 50.7k
3
votes
1
answer
492
views
How to calculate capital gains on multiple trades of the same stock?
I'm curious what is my capital gain for tax purposes if I trade a security and never sell my entire position?
Here's an example of what I mean:
In January, I buy 10 shares of Stock A at $1 per share.
...
CommunityBot
- 1
1
vote
0
answers
112
views
Is it smart to keep my TFSA when moving on a J1 visa to the US?
I am an Austrian citizen, who just finished his PhD in Canada (on a study permit) and will now move to the US on a J1 Visa as a researcher.
I have some investments in my Canadian TFSA and was ...
- 11
0
votes
1
answer
1k
views
Does it make more sense to purchase VTI or VUN?
I live in Canada. VTI and VUN are both US total market index funds through Vanguard. VTI is the American version, VUN is the Canadian version.
VTI has an MER of 0.04% but the dividends are subject to ...
- 136
4
votes
1
answer
515
views
When starting to invest, is it better to use a bank or online broker?
I am looking into investing in an ETF. I'm very new at this. Is it better to open a self directed RSP with a bank or an investment management service like WealthSimple or Questrade? I heard that if ...
- 549
1
vote
2
answers
428
views
How can Canadians recover U.S. withholding taxes on U.S. stock dividends?
I'm Canadian, but I like U.S. ETFs because there's more variety than Canadian ETFs.
What means "recoverable" below? 100% fully refundable to me?
How do I recover U.S. withholding taxes?
...
- 76.8k
1
vote
0
answers
50
views
Differences between non-registered, TFSA, and RRSP accounts for short-term investments
I am new to stocks and I am using an application that's called Wealthsimple. The application shows different account types (non-registered, TFSA, and RRSP) but I don't understand really what are the ...
- 151
9
votes
8
answers
13k
views
Losing Money with Norbert's Gambit
In attempt to avoid the usual 1.5-2% exchange fees levied by brokers, I perform Norbert's gambit: I purchase DLR.TO in CAD (Canadian dollars) from TSX, journal it over to DLR.U.TO, and then sell the ...
1
vote
1
answer
56
views
How to find platform to invest in Canadian ETFs from overseas?
I am intending to invest in Canadian ETFs. I reside overseas. Although I have Canadian SIN, I do not have a permanent address in Canada at the moment. I searched online for platforms which can allow ...
- 31.7k