All Questions
10
questions
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 ...
- 497
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 ...
- 113
2
votes
1
answer
120
views
Avoiding capital gains tax when exchanging one stock for another
From observation, it seems like an ETF fund manager can buy and sell assets while avoiding a capital gains tax. However, if I were to do that, I would be taxed each time I sold (and thus missing out ...
- 174
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?
...
user40269
2
votes
2
answers
123
views
Why does CAD-hedged S&P 500 ETF suddenly not track to actual index
At the time of posting this question, the BlackRock ETF XSP is down approximately 1.3% during the period Dec 24 9:30 am - Dec 31 10:30 am, while the actual index is down approximately 0.3% during the ...
- 21
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 ...
- 101
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
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
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 ...
10
votes
4
answers
1k
views
What low-fee & liquid exchange-traded index funds / ETFs should I consider holding in a retirement portfolio?
I'm still (one year later) going through an exercise to restructure my retirement portfolio.
To date, I've been using a mix of exchange-traded index funds. Some trade on the TSX, and others trade in ...