All Questions
15
questions
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
0
votes
1
answer
124
views
Efficient Canada investment account after maxing out TFSA that is not RRSP?
What kind of investment accounts in Canada are tax-efficient and allow holding U.S. stocks (Amazon, Google, etc.)?
I have maxed out my TFSA, and would prefer not to lock money in retirement-inclined ...
- 113
12
votes
3
answers
7k
views
Capital gains on stocks sold to take initial investment off the table
Suppose I have invested $100K in a stock that was trading at $100 per share. The stock has gone up by 10 percent and is now at $110. I sold 909 units at $110, i.e. 909*$110 ≈ $100K, which is ...
6
votes
1
answer
290
views
Why is investment income generated in a corporation taxed at a higher rate than when it is generated for an individual?
I often have a hard time understanding my accountant so I ask others to interpret what he said. I welcome insight from experience gained in any country with similar tax laws (doesn't have to exactly ...
- 839
4
votes
1
answer
6k
views
Is there a minimum stock price for tsx listings?
For example, NYSE stocks must maintain $1 a share. I have searched and can only find data on tsx-v.
- 41
6
votes
3
answers
487
views
Investing in Canadian Stocks as an American
I've been tracking the cannabis industry for awhile and would love to hop on the canna-stock wagon, but I'm not sure if Americans are allowed to invest in Canadian stocks. The companies I'd like to ...
- 61
2
votes
1
answer
2k
views
How to invest in stock market for a Canadian expat (non tax-resident of Canada)?
I am a Canadian citizen but non tax-resident of Canada. I am currently working in China and paying my taxes there. I previously had an investment account with BMO Investor Line in Canada but they do ...
- 121
1
vote
1
answer
146
views
Better to have a non-registered (taxable) investment account in one/both names and/or based on income?
This question is for those familiar with Canada's income tax laws.
My wife and I have maxed out our TFSAs. We also max contribute to our kid's RESPs. We also contribute a healthy amount to our RRSPs ...
- 243
1
vote
1
answer
105
views
SEC forms filed under different company name
I'm trying to find 10-K, 10-Q, or 4 forms for a company called Creative Edge Nutrition (ticker symbol: FITX,) but what I found was forms filed under the name "LAUFER BRIDGE ENTERPRISES, INC." Why is ...
- 149
0
votes
2
answers
290
views
Where should a young student put their money?
I'm a young student with no student debt (my tuition is paid for, I've long since saved up enough.) I'm looking into my future and looking at investing in index funds or other sorts while I still live ...
- 27
7
votes
3
answers
52k
views
Questrade - What happens if I buy U.S. stock with Canadian money?
Recently, I heard that when you buy U.S. stocks with Canadian money in a Questrade account, they actually make a loan of the U.S. dollar amount you bought even if you have enough money to do the ...
- 242
5
votes
2
answers
2k
views
Non-tax-resident of Canada needs to pay taxes for investment account earnings?
if a person were to be a non-resident of Canada without jobs, a spouse, kids, asset (houses, cars etc.) in Canada, then that person would not be obliged to file a tax report. However, if that person ...
- 51
3
votes
2
answers
3k
views
How to buy stock on the Toronto Stock Exchange?
I have an Ameritrade account and thought I was purchasing a stock that trades on the TSE. However, I was only able to buy a pink sheets stock. I'm not sure of the difference. Would it be possible ...
- 31
2
votes
4
answers
428
views
Whether to prepay mortgage or invest in stocks
If at the end of the year, I have 10k in hand that I want to save/invest and these are my options:
1.Prepay into mortgage. Rate is 2.1%
2.Invest in stocks and I know I can get at least 7 % return.
...
- 16k
2
votes
1
answer
676
views
Questrade: Tax Free Trading Account. Why don't other brokers in Canada have these?
I noticed Questrade has a Tax Free Trading Account.
Is this too good to be true? Why do other brokers not have a "Tax Free Trading Account" where your gains are not taxed and where you can contribute ...
- 131