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There's also Tangerine, probably the only real difference is you get Scotiabank ATMs vs Simplii's CIBC.
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Jan 20, 2019 06:16
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There are no ethical investments, hth
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Jan 23, 2019 23:23
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Stop thisSquare Peg posted:Once the money is in the broker RRSP, I would go to their trading platform and look up some of the Electronically Traded Funds (ETF) pokeyman posted:These are presumably just typos but given the basic level of the questions (and I don’t mean that disparagingly, they’re good questions) I figured it was worth avoiding confusion: these should both read "ETFs" and/or "Exchange-Traded Funds".
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Jan 25, 2019 17:48
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You fill out Questrade's transfer form and they handle the rest. You don't have to do anything with your old institution.
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Feb 4, 2019 21:38
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Yeah that's the whole point of filling out the transfer form instead of moving the money yourself.
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Feb 4, 2019 21:46
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I say you should keep a mix of TFSA and RRSP.
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Feb 14, 2019 22:40
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I want to say you can reduce your taxes in retirement by withdrawing from both RRSP and TFSA, so that a greater proportion of your RRSP withdrawals are in a lower / zero tax bracket, but I don't know how to do the math on that. But it sounds true???
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Feb 14, 2019 23:08
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kuddles posted:So I read the OP as well of a couple other threads in here as well as some articles through googling and I'm still at the point where I feel too dumb. You need to get out of the TD fund ASAP. It's very easy, just open an RRSP account at Questrade, fill out the transfer form, and they will handle it. And you already know how to buy shares on Questrade, so no reason not to do it.
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Mar 22, 2019 18:06
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xtal posted:TD e-Series mutual funds are perfectly fine. TBH just go to https://canadiancouchpotato.com/model-portfolios/ and copy and paste one of them into your bank. Why would you buy 4 e-series funds when you could buy 1 vanguard ETF that does the same thing, rebalances for you, and is cheaper
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Mar 22, 2019 20:11
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xtal posted:I don't think they're the same things? The tradeoffs are explained on the page. For myself I have my (smaller, frequently-contributed-to) TFSA in e-Series, and my (larger, infrequently-contributed-to) RRSP in ETFs. They are pretty much the same except the vanguard ETFs contain foreign bonds.
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Mar 22, 2019 20:27
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I think robo-advisor fees are a bit cheaper than tangerine funds these days, I haven't used any myself though so I don't know what using one is like.
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Jun 16, 2019 00:44
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untzthatshit posted:Meanwhile the Roth and RRSP would be growing separately for that 5 year period instead of the RRSP compounding interest on a higher starting balance from day one. That's not how math works.
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Aug 16, 2019 16:54
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Femtosecond posted:Canada Debt Bubble x Canada Finance Post Empty your maxed-out TFSA (which you definitely have, right?) and sell your non-registered equities over the next few years to refill it? And I know you said you're not touching your RRSP, but consider the Home Buyers Plan if you're eligible for it (borrow 25K from your RRSP, same idea as with the TFSA).
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Aug 20, 2019 17:46
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CRISPYBABY posted:Also, I'm 28 and literally my entire portfolio is 3 different vanguard index funds split 1/3 1/3 1/3 ish (Canada, S&P 500, Global excl NA). I only have a quite small amount of money in my TFSA so far, 2.5K, so I figured I'd keep it extremely simple until I have enough money that splitting things up more is more viable. Every month I toss in another 500 bucks into some assortment of those three things. Should I be looking to diversify more? Is there a recommended number of funds for a couch potato? I'm extremely lazily trying to cover the global market but I'd imagine that you're probably suppposed to have a few more funds than I do. Or are you? You can achieve maximum laziness and maximum diversification by buying one of these asset allocation ETFs. They are about 0.1% more expensive than holding the multiple funds yourself though. https://www.vanguardcanada.ca/individual/etfs/about-our-asset-allocation-etfs.htm
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Oct 29, 2019 17:56
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If you have anything in a regular account (non RRSP/TFSA) and transfer it now, you won't have to worry about capital gains tax 
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Mar 17, 2020 00:37
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VelociBacon posted:I don't know how actively you invest but if you've lost 5-10% more than index ETFs in the last 2 weeks maybe you should be placing protective puts? VGRO is down 20% from its peak
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Mar 17, 2020 23:12
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Ditched BMO for Tangerine many years ago, they just can't compete with direct banking
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Jan 24, 2022 18:51
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First of all, post the actual number you're currently getting. Second, sound the sagebrush alarm, he's always going on about how everyone should do this and how affordable it is
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Apr 6, 2022 21:41
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Then yeah, you can probably do better. My unused tangerine LOC is at prime + 1% for example. Although that is from years ago and I am very fortunate to have low expenses, YMMV etc
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Apr 6, 2022 22:30
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I don't give them 20bux anymore because they're Wealthsimple Tax now
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Apr 15, 2022 01:36
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I did that whole rigmarole once, but only because I had switched to a one-fund portfolio and there was an opportunity to reduce the tax hit of that
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Nov 25, 2022 03:26
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An idea I've had is that, in retirement, one could withdraw from the RRSP and TFSA at the same time, thereby artifically lowering the tax rate on the RRSP. Thoughts?
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Dec 15, 2023 17:31
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Guest2553 posted:Well you can use the silver to fight werewolves. Stakes are naturally occuring so vampires are covered. Not sure what diversifying into gold protects you from??? piglins
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Mar 3, 2024 18:39
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