/biz/ - Business & Finance

>>27075614
>get taxed twice for buying canadian stock

>>27075614
PLENTY of Canadian businesses were pumped by the US such as XBC.TO
There will always be more, remember time in the market over timing the market. Dont be desperate for a pump&dump

>>27076007
Hudsons Bay looks like its almost out of business.

>>27076129
where the fuck did i mention Hudsons Bay?
Shoptify is another example, plenty of Canadian businesses that are big winners

>>27075614
>taxed twice for buying US stock
what are you talking about

Canada is just a fashion accessory to the US.

>>27076439
From what I read when you are Canadian you have to pay taxes to the US as well as the CRA

>>27075614
uhh just use a tfsa?

>>27076846
so if my gains aren't large enough then I can actually end up with less money after tax?

>>27076846
you pay 15% tax on dividends if its not in an rrsp
but otherwise nothing

>>27076937
the govt can seize your TFSA at any notice for any reason

>>27077142
Do the dividends go straight into your rrsp?

>>27075614
>>27075999
Wait what? I bought a bunch of US stocks, what do you mean we get taxed twice?

Canada is so cucked rn bros

>>27077189
Okay but why would that be a legitimate concern

>>27075614
>leaf
>paying taxes on stock
is this bait?
stop larping like your ignorant to TFSA's

I fucked up and bought all of these stocks in my RRSP. I have a quarter mil but now I can't touch this money until I'm at deaths door at 71 years old. What the fuck do I do? Eat the 50% tax for early withdrawal?

>>27075614
You don't get taxed twice. US and Canada have a tax treaty. You're allowed a refund on your Canadian return.

>>27077207
yea

>>27077855
if you don't own property you can take out 35k I think from the RRSP and then repay it over a certain period of time. Otherwise yeah you fucked up, should've used a TFSA and if that's also maxed then you're fucked either way because of the insane taxes in this dumbass country

>>27076846
Thats why you file a w8ben form you dumbass. The US is the greatest tax haven in the world for foreign investors for a reason. They don't tax capital gains for non-resident aliens

>>27076846
>From what I read
It sounds like you read from retards.
There’s tax treaties to prevent this.

>>27078340
35k is nothing though. That might barely pay for realtor fees

>>27077231
you dont unless its dividends
just pointing out OP's stupid point

>have US equities in a TFSA
>no dividends, just growth stocks
>no tax at all

>>27078512
tell me about it, it's also only applicable if it's your first property

>>27078568
Same. Hopefully I don't get fucked by the CRA for trading on it lmao

>>27077085
Welcome to Canada.>>27077189

You guys have businesses? Like what? Pimping out your dogs?

>>27079016
No, we just pump real estate and tax the fuck out of small businesses

>>27078883
you shouldn't unless you go over the limit, right now it's $75,500 TOTAL, for 2021 the contribution limit is $6000.

>>27079389
I may or may not have over $350k CAD on it... I love the Musk

>>27075614
Blackberry was one of the meme stocks you dip

>>27075614
In austfailure we can fill out a form that makes you except from burger tax. Only problem is capital gains tax here is fucled

>>27075614
You don't get taxed twice, you get taxed 15% of the dividend, only.

Just choose to get more stocks, instead of cash, when you get your dividend.

For any leafs who are reading this thread. I suggest checking out this interesting tinfoil
theory by Desogames about hyperinflation in Canada.

https://www.youtube.com/watch?v=7o8JfFbvfD8

https://www.desogames.com/black-swan-event-canadian-hyperinflation-imminent-months-to-weeks-5y-cds-are-rising/

>>27079389
i heard day trading in a TFSA is a bad idea though? or is the only rupe just dont go over 75k?

>>27080973
That's why I'm all-in crypto and meme stocks

>>27076846
Nigga what? Are you reading out of someones asshole sor something.

>>27081058
Only don't go over 75k you're good. It was created literally for people to invest more but not touch their retirement plans. Canada has a surpisingly smaller population of investing compared to the us. Banks like that.

>>27077614
TFSAs have a low limit to how much you can put in total. You also pay taxes on TFSA gains if you (((do too well))) because the CRA has carte blanche to decide to do that with no oversight.

How many of you leafs here just started buying stocks this week because of Gamestop?

>>27079197
So mining moose?

>>27081479
I started in March because of the fun happening then, and I turned $6K into $27K since (half of which was GME, which I've sold)

>>27082038

Very nice anon. You've made quite a lot.

>>27082452
thanks fren

>>27082576

Oh man. I was looking at MAXR this week and I was wondering why this pumped so damn hard. I just might fomo hard into it too.

>>27075614
Reminder that Canada is collapsing and will be annexed by the US this decade

>>27082778
MAXR is on sale right now, buy ze dip, and buy KTOS too
>pic related
>$3B company
need I say more?

>>27081479
me. not sure where to go from here when this meme stock stuff ends

>>27081479
Started when I was 18 and contributed $5k into my TFSA.

>>27082987

Thanks anon

As a Canadian, can we just not but most crypto coins? Most of the exchanges I see that accept CAD only have a handful of coins

What platform are you guys buying your stocks through?

>>27083883

Questrade and Wealthsimple are the go-to platforms. Every normie I know uses their main bank to trade.

>>27083668
You can sign up on Binance and other platforms and trade coins there, you just fund your account with a debit/credit card there. So you have have to buy eth or btc on one of the Canadian exchanges via etransfer, and then you can send your eth/btc to Binance to trade for other coins. You can also do this for any exchange that let's you sign up on it if you want, but Binance is pretty good imo it has most coins you'd want on it

>>27084085
Just started on Wealthsimple, glad I know I did good.

what's the fastest way to get money into a trading app? 3 day wait period in Wealth Simple is a fucking JOKE

Where's the /canadiandogecoin/ mining operation at? Would love to join a pool of Canadians

>>27081463
>TFSAs have a low limit to how much you can put in total.

This. My TFSA and RSP are both maxed out, so half of my GME fun was in my CASH account, which unlike the TFSA and RSP, is not tax sheltered.

Its annoying, but its not too bad. Bonus points is that if this short squeeze turns out to be something bigger than we thought and the US currency inflates, my US investments are going to be converted right into CAD, buying me a bit of distance from the wacky monetary policy and bailouts that the US likes to do sometimes.

>>27084216
So for example you'd buy eth or btc on a site like bitbuy, then transfer over to binance?

>>27084216
*you just can't fund your account

>>27084234
There's no fast way to do it, questrade is the same. You have to eat the three business days, I don't think a bank is any faster either

>>27084283
>3 day wait period in Wealth Simple is a fucking JOKE
Newfag question do you have to wait 3 days every time you deposit cash or just when you sign up. It's fucking killing me not to be able to buy AMC right now waiting for the fucking money

>>27084431
Exactly

>>27084511
Yes, because it's bank transfer it's not instant, like paying any bill

>>27079774
As long as you didn't daytrade and made less than 15 trades per year, they can't tax you. If you run into problems, just call up a lawyer and you'll be set.
I know a guy who had a TFSA $1mil+ and after they went after him, he got a good lawyer and didn't pay a cent

>>27084641
I see, thanks.

>>27081479
My dad got me into the stock market when I was 10 years old. I jumped right into the TFSA and RSP game after I finished university, and added the CASH account after capping my TFSA a little over a year ago.

GME is my first USD stock though.

>tfw too retared to figure out this stocks shit
>have like $40k in my bank and I just cant be assed

its that little amount even worth fucking around with?

>>27084641
Shit dude, thanks.
I'll just have to keep a steady supply of cash in my account for any good buys then

>paying taxes

>>27084660
You would have to make sure that they're not "risky". So no options/derivatives

>>27084696
If you have a margin account you should have some margin you can use once your account is funded and you have some investments. Then you could use that to invest while you wait for more funds.

https://www.wealthsimple.com/en-ca/learn/how-to-buy-on-margin

>>27076846
sorry anon I think you might be retarded. Open a registered TFSA self directed trading account - you'll have around a $50,000 contribution limit and any gains made in this account are entirely tax free

>thinking about getting a job in the US
>TFSA isn't covered under the tax treaty
>if I move I will have to pay taxes on like $300k in the account
I don't even know if this SF job is worth taking but I kinda want out.

>>27078385
Wtf really. That would make sense then globalist rule from here.

>>27084824
Maybe. Made enough to pay my tuition and I dont know shit about stocks, but it's stressful.

>>27084216

This is one of the most annoying things about buying crypto in leafland. You have to jump through one hurdle with a KYC platform or you buy from a physical Forex/ ATM without KYC. I might as well do the first option and hold BTC or ETH. Unless anyone else knows a better way to avoid KYC.

>>27075614
You sure as hell don't care about American businesses. You're just obsessed and copy everything we do.

>>27077189
sorry to break it to you, up here in Canada, given we have only 5 chartered banks, the government can functionally seize any account of yours for any reason, why would you be particularly worried about your TFSA when its the obvious way to go. Only thing safe from Chrystia Freedlands grubby little fingers in crypto, and thats just cause she can't get to it yet

>>27084641
you can fund your Questrade account via bill payment from your bank

>>27084824
That amount is fine. If you're not a retard then that'll just keep increasing. When I want to make a conservative calculation in my head, I just say +5% per year returns.

>$40k x 0.05/yr = $2k/yr

Does an extra $2k, tax free (in the TFSA) per year, as a rough, conservative estimate sound good to you anon?

>>27078340
>insane taxes

Yup. Turns out your free health care isn't so free.

>Turned 10k into over 150k on GME
>All in my TFSA

>>27085025
>You would have to make sure that they're not "risky". So no options/derivatives
even though you can trade options in a TFSA
>you have to make sure not win big
>because then you wont pay taxes on those winnings
>but you can in your margin account
>...
>ff year 2030
>Gov't of canada announces new rules on TFSA
>"we cant let the rich keep using this tool to enhance their wealth"
>"We need redistribute the income to the poor"
>"pair your fair share"

>>27078340
yeah bud you fucked up; but honestly just get an equity loan, rates are stupid low and it sure as hell beats paying tax

>>27085569
Well its not like free healthcare means healthcare is free either, but that's a massive tangent that involves a lot of ranting, so better just stop at that.

>>27084942
See this >>27085057

The more you invest the more leverage you gain, so you won't have to fund it immediately going forward

Why are services/prices/taxes so shit in Canada? What is the government mismanaging to cause this?

Why don't we just do a customs union with the americans and be done with it. Canadians seem so content to settle for mediocrity

>>27085800
Oh actually maybe wealthsimple doesn't have margin. I assumed it was the same as the questrade one. If not then yeah you will gotta keep funds in there

>>27075614
Don't you guys get in the Chinese markets for free cause of giving up an entire province and your daughters to Wang and Co ?

>>27075614
FUCK LEAFS DAY OF RAKE CANT COME SOON ENOUGH

>>Didn't buy GME last year
>>All into Silver miners and physical
>>See friends making bank on GME/BB today.

Sometimes I want to hurt myself.

>>27086282
Sometimes you're the dog
Sometimes you're the tree

>>27085761
has anyone bough OTC stocks in their TFSA? How about stocks listed on the TSX Venture exchange?

>>27086067
>What is the government mismanaging to cause this
short answer, everything.
this country runs on condo construction and crude oil, our current government has it in for crude oil so they've pumped the shit out of real estate to make up for it. Now nobody can afford to live because the rent is too damn high and it dragged up the cost of everything else. Construction is like heroin for a country, everyone feels like a million bucks while you're delivering units at ever increasing prices and offloading them to foreign buyers, but sadly it has added a big fat fuck all in terms of our productive capacity, and at the end of it the foreigners just rake us over the coals for a return on their investment

>>27086459
Yeah I'm planning on heading to the states if my internet posts haven't made me ineligible, I feel like nobody in this country is actually interested in making viable businesses or getting meaningful growth.

>>27086416
>TSX Venture exchange
yes, i also bought from NEO, never tried otc

Canada is so fuckign cucked on stocks it's unreal. Imagine your premiere bank running TD Ameritrade and all you get in Poornada is some boomer shit that can't compete. Really they know that Canadians are too poor from putting every dollar into Chinese pumped housing that they have nothing left for the stock market so they don't even bother.

Canada is well known for their Global mining companies. just check out $JAG, a junior mining company WITH a 4% dividend, actually making a profit meaning has a P/E ratio (of 9) unlike other junior miners. worth only 400M USD meanwhile u have meme junior mining companies in the US worth billions that dont even make a profit.

and yes i do hold kleros how can u tell?

>>27084085
>>27084234
I also just got on Wealthsimple. Thanks for the suggestion.

>>27086565
same brother, soon as i finish my m.eng i'm out

>get taxed for weekly pay
>get taxed for purchasing anything
>get taxed for annual earnings
>get taxed for investing

>>27086760
I'm thinking about going for a masters at this point too, I figure it will help with immigration.

>>27085288
>You're just obsessed and copy everything we do.
We certainly aren't copying your healthcare.

>>27086884
Woah that there is a line too far bucko

>>27084660
I just went all in on TSLA after contributing max amount lmao. I have another brokerage for my more frequent investments.

>>27086680

Based. I'll add JAG into my list too

DIE FUCKING DUMPERS WITH YOUR FUCKING SHIT COIN
DON’T ASK ME TO PARTICIPATE IN THIS TRASH
I AM NOT A TARD WHO PARTICIPATES IN EVERY SHIT YOU TRY TO SHILL
MY WALLET IS FULL OF XSN AND I KNOW HOW TO MAKE CASH HERE.

>>27075614
Leafs should be buying PM's instead, all cash and tax free on .999 bullion.

>Open TFSA and trade all these meme stocks
>Get audited by CRA and fucked anally
Very nice advice to new comers!

>>27086844
that was my thought too, definitely worth it if you can get the govy to fund it with a student loan; I have a feeling they're going to be doing a bit write down on those in the future

>>27076846
There is a tax treaty between the US an canada to prevent people from paying double taxes. Read up on foreign tax credits.

>>27085705
>>All in my TFSA
my nigga

I made a margin account on questrade because I didn't realize I could buy stock on a tfsa

am I fucked

>>27086680
Just looked up JAG, they peaked at 11000 in 08. What the fuck is up with that?

>>27087701
It's good to have both in case you max out your tfsa

>>27087827
I only have 4 gme so I wouldn't be maxing it

>>27075614
$DCBO on TSX is looking tasty like shopify

>>27087784
there apparently was 86 and then 10 reverse split
check yahoo finance

>>27087219
>trade
there is your first mistake right there bucko. You literally need to be treating your TFSA/trading as a full time job for the CRA to sniff around.

What website do you guys use to check up on stocks? I use ceo.ca

If a stock is listed on TSX and also NYSE... which one do we buy? Are they 2 different entities or the same?

Sorry for retarded question, I'm learning.

>>27075614
Syrup market is already pretty high

>>27089465

Same company but one is in CAD (tsx) and the other is in USD (NYSE). There is nothing wrong buying one or the other. If you buy a stock on TSX with your TFSA, you wouldn't have to worry. For stocks in USD, look what other anons here wrote. It only becomes an issue if the US stock pays in dividends.

>>27089465
they are different, I usually go with the NYSE one because I have my funds in USD

>>27075614
canada has stocks?

>>27075614
>he doesn’t trade from a TFSA

>>27089876
to clarify, they are the same company the stocks are not the same

>>27075614
I have to pay a fee when I buy ADRs, including stocks of Canadian companies. How different is this really?

>>27075614
t. didnt buy TSE:BB

>>27090060
Do they actually do shit about "daytrading" through a TFSA? I've seem mixed answers.

>>27089848
no div witholding tax in rrsp

also, for dual listed stocks you can call broker and journal shares to opposite USD/CAD side to sidestep FX fees (Norbit's gambit)

>>27087914
just dont day trade actively in your tfsa. Use your tfsa until you max your contributions

>>27090184
most big Canadian companies are dual listed on NYSE.

>>27078385
Interadesting

>>27090575
>I've seem mixed answers.
thats the way CRA likes it. Keep it ambiguous. Pick and chose who to audit and fuck up the ass
i think you are ok if you only do a 3-5 trades a month. maybe even slightly more

>>27090060
>Imagine paying anything more than 15%

>>27077189
this literally never fucking happens.

When do you guys think the price of MAXR is gonna stop falling and why

>>27090575
Im not day trading but I don’t think they like them

>>27092884
A lot of the shit the government can get away with never really happens here. We essentially have no rights here, the Canadian government can do whatever the fuck they want. Whether they ever choose to do anything about it or not is a different story.

>>27085066
Holy shit really?

>>27084660
>As long as you didn't daytrade and made less than 15 trades per year, they can't tax you.
What qualifies as a trade? Like if I buy GME stock and then sell it 3 months later does that qualify as 1 trade or 2?

>>27075614
only on divvies you retard, the only tax you pay on "gains" (ie appreciation of value) is capital gains which takes 50% of your gain and adds it to your personal income

>>27093166
hes wrong you will have $75,500, if you have never contributed to your TFSA

>>27093373
This is correct, TFSA are god tier

>>27093206
yes. but i think its only if you are actively trading. like 5-10 trades/day every day on a regular basis

>>27093078
if they do decide you were doing shady things with your TFSA they need to prove you were actively day trading or acting as an investment firm. in any case, you can take them to court over it and I doubt "I like the stock" fits the definition of day trading.

So unless you quit your day job and have been day trading for months in your TFSA I'm sure no one has anything to worry about hoping in on the hype train we've been having this week.

Are there any fees for having a TFSA?

>>27093567
Yes but it’s almost nothing

>>27093373
contributions increase by 5000$ every year since the creation of the TFSA iirc.

>>27093206
if you actually plan to daytrade just use an unregistered account, you don't care about dividends anyways if you're daytrading. It might suck if you make too much income from your dayjob, but you at least won't risk losing your TFSA's tax-free status. Ditto for RRSP.

TFSA and RRSP = long term holding, building assets reasonably with only a few trades per quarter

unregistered = go nuts, to an extent. If it's clear you're trading often enough that this is a major source of income for you (ie business), you'll lose the 50% cap gains exemption.

>>27093373
not if he turned 18 after 2012 like many here i'm sure; and by my math it adds up to a hair under 60k; depends on if he's resided in Canada the whole time as well, but yeah, to be safe imma say you're allowed to drop in 50k to invest ax free

>>27093833
Can you be punished for trading too much in your RRSP?

>>27093567
>>27093833
In TFSA trading accounts, do you lose contribution space every time you trade or just when you pull out completely? In other words is a TFSA account bad for short trades?

>>27093567
they generally get waived (as with most accounts) when you have a large enough balance like 10-15k. They stand to make more money on commission. I have no idea wtf wealthsimple trade is doing to monetize you though, probably selling your volume just like robinhood.

>>27093924
"All TFSA contributions made during the year, including the replacement or re-contribution of withdrawals made from a TFSA, will count against your contribution room."

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/tax-free-savings-account/contributions.html

>>27093924
if you pull out and you're lower than you started you lose contribution room. Nothing matters until you take the money out.

>>27093924
only when you put money in from the outside. gains are still inside the account so you're good.

so basically. this is your retirement fund. I wouldn't advise pulling money out since you can't put it back in without it being a contribution.

>>27076846
your talking out of your ass, you need to file your w8ben form to pay taxes on US DIVIDENDS AND BONDS, not on capital gains.

If any zoomers are paying attention in this thread. Make sure you learn everything about your TFSA.

>>27085066
I'm trading us stocks on a marginal questrade account right now because I heard trading us stocks in your TFSA will
1). Still get taxes on the US side
2). If you trade 'often' (arbitrarily determined by the CRA) your a day trader and now the account is taxed

>>27093918
I've heard some people getting issues but I think they don't care as much about daytrading in the RRSP, mostly because they'll eventually tax you when you withdraw since it's tax-deferred and not tax-free. That said, I'd be careful about day-trading (which is pretty risky) with a retirement account.

>>27093663
$6k*

>>27094392
the tax is 15% and it only applies to dividends. if your stock doesn't grant dividends you have no problems. The thing is that a lot of people are scurred of using US stocks in TFSA because they just want to hold ETFs which usually have some dividend component, or want to hold big divvy stocks like Coke

>>27093916
its literally on your NOA. so is your RRSP room

>>27081058
it depends on you age, you can lace 6K er year cumulatively since you were 18. So lets say you are 25 you have 7 years times 6k that you can deposit in your tfsa. As or trading, DO NOT DAY TRADE. If your buying and selling a week later you should be okay. If your day trading in your tfsa your gonna get fucked.

>>27076846
You read wrong

>>27094392
Your a fucking idiot. So you based your financial decision on what some guy on 4 chan said. wtf. Put it all in your tfsa you only get taxed on us bonds and dividens. If you are making money on capital gains and are not using your tfsa what the fuck are you doing.

>>27086459
Gotta love seeing chinks and poos everywhere in this country. The poos buy multi million dollar mansions and cram the whole extended family in it and just amass wealth. All we do is pay tax and get fucked by immigrants.

>>27094392
you are right about 2) but re: 1) I can confirm when I opened my TFSA (with TD) I received BOTH a CAD and USD account for their respective markets.

>>27081479
It was perfect timing for me because I just paid off my loans and was looking to invest...then I saw a post on wallstreetbets two weeks ago. The rest is history.
Great first stock lol.

>>27075614
>getting taxed ever in a tfsa

>>27094946
based poo here, living on my own (well, with my sk8tergirl wife) because I can't stand living with my folks. Definitely feels like I could buy a house much easier if I stayed home but fuck that noise

>>27094675
tfw max contribution for 2020 is $27830 but I made enough that if the 18% rule was applied it'd be more like $32k. Big gov literally trying to screw over our retirement, bros.

>>27094946
My ex is Indian, she gave me one of the best head ever. I miss her bros...

If I'm reading this correctly, my TFSA limit is 75,500 and if I go over when investing stuff, they will start funneling 1% per month unless I do some sneaky 0.1% shit.

>>27075614
>paying taxes

>>27096060
The 1% penalty isn't worth it, and I don't think you want to risk it. It's kind of a pain in the ass if you have multiple accounts but just stick to the allotted contribution room specified in your NOA.

>>27095891
If you value home ownership use the following account in following order to save for a down payment: 1)TFSA 2)RRSP 3)Margin account

Same thing applies to saving for retirement. There are some cool things you can do after you buy a home and get a mortgage. Think 'using leverage'

>>27096060
yes if you turned 18 after 2012, then its less. If you file taxes you contrib should be on your NOA

>>27096335
Is there anything I can do with my RRSP other than take out a pathetic 35k for a down payment or 20k on continuing education? I feel trapped into eating a 50% loss just so I can enjoy my wealth before I become a literal skeleton

>mfw was of age when based Harper gave us one year of $10k TFSA contribution room

If I made a TFSA acc with wealthsimple do I get charged for maint? Also does my bank TD care about that?

>>27078512
>35k is nothing though
tfw it could save my life.. My life is nothing..

>>27096630
35k is a lot but in terms of real estate it's nothing. A decent house is 500k out in the middle of nowhere. 700-800k anywhere relevant. 1M in a city

>>27096530
for trade I don't think they charge you but if you're using the regular service (robo-advisor) they take a cut (0.5% per year if you have under 100k, 0.4% if over). It beats a lot of actively managed funds but still more expensive then just buying ETFs yourself.

>>27096530

Does Wealthsimple require you to have a minimum balance on your account. Check with wealthsimple. Each trading platform has their own requirements to maintain your account.

>>27095891
Living at home is a lot of noise, it drove me crazy and I most likely drove them crazy too. Definitely would agree that it saves you a ton of money though. Alt girls are dangerous anon.

>>27095976
Nigger get over it. Go put your penis in some other girls.

>>27096335
I was thinking of using a HISA for the downpayment just because I don't want to risk it in the market.

>>27096504
i dont think so. RRSP is gay. Only makes sense if you make $90k+ and already have your TFSA maxed.
You might be better off using the money for a down payment on a house. Then do the Smith Maneuvere. You wont really need your RRSP after.
>>27096530
TD doesn't give a shit.

>>27082576
Teach me pls

>>27080973
Fuck off groceryfag

>>27086588
I think part of the reason better services have not popped up is the regulations and rules are much stricter in Canada than the US. So uncompetitive environment + smaller customer base leaves us with what we have now.

>>27096871
>Alt girls are dangerous anon.
the risk was worth it imo, basically been an Avril simp since I could pop a boner

For any Leafs here who got interested in Wealthsimple after learning about GME and AMC this week, I would suggest buying and holding BlackBerry next week. Trust me on this. It's a Canadian company so you don't have to worry about paying 1.5% every single time you buy or sell American.

>>27086588
I find that so funny as well, why the fuck do we not have access to a program that is made by a Canadian company? I hate this place.

Why does canada produce so few significant businesses?

>>27097289
honestly I don't mind the fees other brokers have but mostly because I trade with volume, I could see wealth simple being cool if you are trading small amounts but no options and 15-minute delayed data is kind of gay. Also I'm skeptical that they may not be doing their best to give you the best deal if you're trading at market - seeing as Robinhood has a similar business model and it was found they were just giving their order flow to citadel which paid whatever it wants. Meanwhile on investorline (which is boomer as fuck but whatever) I get real-time quotes, options trading, and bmo has never done me wrong in terms of getting me the best deal on a market buy.

If I were starting a new account I'd probably do quest trade though.

>>27097226
No race mixing mister or else there will be some problems! But yes they're fun to fuck but most have BPD and chlamydia.

>>27097135
what I don't understand is that the software already exists - why not just deploy it for canadians? Sure it may not be as fast since we probably don't have the millisecond/microsecond infrastructure they use for trading in new york but it's not like retail investors are trying to use high-frequency trading or whatever. And a lot of us are interesting the american markets anyways.

>>27096530
>wealthsimp
enjoy getting cucked for not using questrade, picrel.
>>27097289
>BB on the NYSE is an infinitely better buy due to volume.

Same with /brit/ stock.

Cineworld is hardly going to set the world alight.

>>27097790
idk if we'll have kids but I've definitely blown a lot of loads in her so there's certainly a risk of race-mixing

>>27097903
KEK that's awful. I have a few shares in some pharma sitting in my wealthsimple trade account but I would never actively trade on it with these kinds of restrictions.

>>27097630
just a reminder. All brokerages sell their order flow data. Even in Leafland

>>27097812
A lot of things about this county do not make much sense anon :( idk what to tell you

>>27084641
Will my bank account get locked if I decide to transfer a large sum of money at once? Or will it be okay because it's actually linked to Wealth Simple

>>27098081
wealth simple is insured just like any other certified broker and generally the bank won't care

>>27075614
Until we annex you I don't give a fuck what you do as long as you keep the place tidy for us

>>27097630
You need to pay extra, I believe a monthly or yearly rate for real time data on Questrade. It is like Wifi on planes, just give it to me already and stop pinching your shekels.

>>27097930
Abortion is an option anon. Take the call.

>>27098038
Yeah, wealthsimple is really some cuck buy and hold shit. Questrade is likely the best choice because TD has higher fees iirc. Also not being able to dabble in options sucks with wealthsimple.

>>27097289
Had a Wealthsimple from a while ago but applied for a Questrade today. Guessing my deposit into my Wealthsimple will be approved on Monday or Tuesday and my Questrade probably middle next week if I'm lucky.
Looking into BB, but is it too late to buy AMC?

Didn't have the funds in my WS acc to hop on the GME dips and couldn't go fast enough because of 3-day transfer limits. Worried about trading too much on a TFSA for either acc, considering what's being going on lately. Should I just apply for a margin acc on Questrade instead, to hop on this shit, since dividends are probably less relevant? Would appreciate any advice.

>>27098038
I think most Leafs are better just buying crypto (seriously, if you don't have any bitcoin right now then what the fuck are you even doing?) but if you want to dick around in the stock market then wealthsimple isn't that bad of an option just because of how basic it is.

>>27097508
Government regulation.

>>27097508
>>27098381
Also entrepreneurs immediately leave to the states as soon as they get investment

I'm planning to.

>>27097508

Country is a socialist state that taxes everyone and gives nothing in return. Most major businesses are run by ogopolies The only thing the keeps Canada afloat is Crude, Condos and Cannabis. Everyone else gets fucked in the ass and they expect people to pay more to live here.

>>27098266
>AMC
There's no reason why it should be green and the shares were just diluted today. It's your call whether you want to gamble it pumping again or not.
>Trading too much on a TFSA
Do you plan on making hundreds of thousands of dollars regularily in your TFSA? If not, you'll be fine. Don't play with margin unless you're sure of your shit because brokers can and will liquidate you if they feel that they need to cut your losses to cover themselves (see the robinhood shit) if you're on margin.

>>27084444
banks are instant/next business day what are you on about

>>27098266
>too late to buy AMC?
The thing about this one is it might actually be a good investment unironically just because it has the potential to recover after this corona bullshit and hysteria eventually subsides. Anything that has to do with aggressive timing is sketchy as fuck on wealthsimple because of delays etc.

>>27098700
This shit will not end for a very long time. Probably never

I'm scared as a poorfag that TFSA might charge me random flat fees when I'm just trading a couple hundred

>>27098700
I was unironically planning to invest in some movie theatre chains and airlines once this current madness settles down in a week or two because those businesses are going to go back up once covids a thing of the past so I feel like it's a safe investment but im just a retard and not a finance guy.

>>27078340
I opened with TD, it asked if I wanted to open a TFSA to trade, but I already have a TFSA so why would I open another one?

>>27098700
problem with AMC is that it was on the decline well before covid, and share price in the second half of 2019 was much lower than where AMC is now. Unless they have some drastic plan to turn things around it seems like streaming will continue to eat into their business even when covid is over.

I do foresee a bump where everyone is going to want to see movies in theatres just for the sake/novelty of doing so when restrictions lift though.

>>27094638
>>27094907
>>27095072
OK I'm retarded then. So you guys have a TFSA on your brokerage and do all your trading though that? Like hold safer investments and buy meme stocks?

>>27078883
If I already have a TD account with a TFSA and I opened a TD direct trading account, can I trade using my preexisting TFSA or did I have to open another one with my TD direct trading account?

>>27098919
Why would they? The only time you'll be fined for trading in a TFSA is if you buy Pink sheet OTCs that aren't cross listed on the TXVE or approved exchanges. Anything else and you'll be completely fine.
>>27098999
The problem is canadian theater chains (cineplex) and airlines are complete shit.

>>27099085
I only HODL in TFSA really, basically boomer investing ie. buying stock in companies that I think produce good shit and that will accrue value in a long time-frame. Conceivably you could do something like buy a stock you think will do well on earnings-report and buy it a month before-hand and then sell it during the pump and CRA wouldn't care.

>>27099004
you can have as many as you want so long as you dont go over the max contrib. if you are planning to actively day trade then it might not me worth managing another tfsa

>>27075614
BFARF

>>27099004
its up to you, you can have more than one TFSA or use a margin account. Remember what other anons said, if you plan to trade a lot its better to use a margin account for that and not a TFSA

>>27097508
Canada's geography actively works against any attempts to develop unity or infrastructure. The country is run like a colony still

>>27099363
Okay so what I’m asking is I can trade using my existing TFSA. I was confused because when I was applying it was asking if I wanted a TFSA in addition to a Canadian Cash account. Im currently waiting for the TD direct account to be approved

>>27099468
with a little help from global warming we'll be a super power by 2030

Opened Questrade last week and I've been pretty happy. They took the whole 3 days for the money transfer though and do require initial funding of $1000 for every account. Because of this I only opened a margin account since I wanted to buy GME and wasn't sure how quickly I would need to get out of the position so didn't go to the TFSA route. It's too bad because I made crazy gains but still holding so it would've been perfectly find in the TFSA. Ah well.
They also didn't restrict certain stocks for buying like other brokers so I'm pretty happy. Don't like how long the positions page takes to update (could be minutes behind on the Profit/Loss value on different positions). Their app could be faster as well.

>>27098700
I read about that, yeah, along with actually buying CGX for similar reasons. Considering doing both, although I'm just a poorfag student.

>>27099203
Isn't Cineplex practically a monopoly here, though?

>>27098585
Hm, thanks. I think I'll buy some if it dips closer to the regular price after all this ends and before lockdown's over.

I don't plan on making 100ks on my TFSA because I'm a poorfag and don't have the capital, kek, but the shit that's been happening lately makes me interested in having the ability to buy and sell at different points in the same half-week/week/day, and there's been advice in this thread to only hold or make 5 trades a month or so in a TFSA.
I'd try to hold but I'm probably going to be too late to hop onto GME by the time my account on Questrade gets approved and my funds are transferred.

>>27099476
your existing TFSA is fine. whos it with? As already discussed itt dont day trade like its your job in your TFSA

>>27099555
if you open a TFSA, you might be able journal your GME shares to our TFSA. You will pay taxes based on your cost basis and the day it transfers but future gains would be tax free. Might be worth asking if thats possible

>>27099771
Yeah of course not. So any gains I just transfer from my cash account to my TFSA before I have to declare my income?
Im with TD and I’m opening a TD direct.

>>27077855
Realistically, just apply for loans against it.. use it as collateral.

>>27099537
Even if Churchill magically became a viable port city you wouldn't be able to build infrastructure to it because the swamps in the way will fuck everything up.

>>27099938
I'm kind of in a position where initial funding the TFSA is doable but risky financially. I just need half a month or use the gains from the margin gains to do it which would mean pulling out. I think I'll just let it ride. Profit is profit and the rest of the market was weird enough that I probably want to wait and see where things go before I buy the boring stocks.

>>27099964
basic answer is yes. Move gains to your TFSA where you should have ETF's that you buy on regular basis such as VTI or VUN and hodl
although you can get away with some trades in your TFSA just dont go full autism

>>27099751
Zoomers can't afford ciniplex, everyone uses streaming services these days to save on all sorts of cost. Even boomers don't do it. There's nothing good about going to a theater when you can just watch it in the comfort of your own home. Ever since rona Canadians have been saving all their money (according to gov research), I doubt it'll change much after restrictions loosen. Pretty much everyone knows the economy is a shitshow.

>>27100188
You can build in swamps. You need to do some planetology but you can do it. Just plant some bushes bro
>t. Dunefag

>>27077855
having a quarter mil sitting an RRSP (depending on your age) is actually pretty sweet. It's basically a guaranteed good retirement. Like say you're 25 today, and you wait til 65 and never put another cent into that account - you'll be looking at about 3.8 mil to live off of. That's much, much better than the average person.

>>27100347
Kk thanks

>>27077614
Gambling on a TFSA is just dumb. If you lose money, you lose that room forever. If you're not a poor fag, 6k a year is literally a joke so you will have more money to invest anyway. Gambling in a non-registered account is better but any capital gain is 50% taxed at your marginal rate. Which is still way worse than anything in the US even for short term capital gains.

>>27100596
>If you lose money, you lose that room forever

Just hold forever, ez pz

>>27100188
This is a good point, global warming and the melting of permafrost will actually fuck the little infrastructure we have up there
>>27100439
>Just plant some bushes bro
bud, I promise you there are enough fucking bushes up there already; that is not the issue, when the ground melts it is literally (luxury) soup.

>>27099751
Also, if it matters, I'm with RBC, but it's 10$ per trade and I'm only out to do baby shit under 1k and make some textbook money, so trading with my bank doesn't seem to be very viable.
I've read that you can open a margin account and still trade mostly with cash, and don't want to fuck up my TFSA room. Would doing that with Questrade be extra retarded?

>>27100430
Shit, that's true, theatres seemed pretty abandoned last I went and the economy isn't getting any better.

Canada isn't even a real country

>>27100507
until hyperinflation hits and the currencies collapse, but yeah sure if we weren't about to go through the great reset he would have been a-okay

this thread is pretty comfy, lots of good tips and information for fellow leafs

>>27092884
Why would it need to? (((Equalization))) outright rapes entire provinces to keep election-deciding ridings happy and having enough backbone to stand up against it wouldn't be appropriately "nice". So long as you can win elections without even needing a plurality of the vote the federal government can already pinch as many canuck-pesos as it needs.

>>27081463
Yeah if your TFSA account becomes too big it sets off alarms and the CRA will audit you to make sure you weren't day trading, which is against the rules of the TFSA.
If you simply bought and held like you're supposed to, like a bitcoin etf that goes to a million dollars, you're fine.

>>27100596
>if you lose money
Unironically don't lose your money then? If you're losing 6k/year on trades then you probably shouldn't trade at all.

>>27100833
Yeah the gov was saying a bit earlier that they were going to try to get Canadians to unlock their wallets and spent more, but I severely doubt it'll happen. The rising food prices just fucks us up hard.

>>27100868
idk I feel like USD will still be solid and if you have a large number of US stocks/bonds you're probably fine, also who knows maybe the whole CANZUK thing will happen and we'll get to trade in newly minted Pound-Bucks.

What are you guys buying next week?

>>27100974
>held like you're supposed to, like a bitcoin etf that goes to a million dollars
imagine hodling BTC and hits a 100k and you make a million with one trade. CRA comes knocking, asking why you have some much in your TFSA. You ignore, postpone, send them paperwork etc for months. Then you send your trades. One page. One trade. maybe include a pepe for keks

>>27101409
BlackBerry

>>27101274
Hudson Bay announcing permanent layoffs today (at the end of a friday too, hoping it will get buried and forgotten) is also a troubling sign. I know them (like all traditional retail) have been having problems for a while, but things really do not look great atm.

Incoming low IQ question. If I move CAD to Wealth Simple, but a week later I change my mind like a pussy, I can put it back into my TD bank account no hassle right?

>>27100430
Everyone is just going to go bonkers, it is going to be identical to 1920's. Lavish parties and displays of wealth just for us to go into a recession never before seen.

>>27077855
Bruh here's the truth bomb that the nice lady at the bank or stinky old politicians don't want you to know. You can withdraw from your RRSP any fucking time you want, it just counts towards your regular taxable income. If you grow it to a million you could supplement your income nicely or replace it and still have enough to grow

>>27101409
SU
SGR
HPF

>>27075614
Bros I'm in Canada using Wealthshare. Will I really be spared from the tax man if I trade from the TFSA on the app instead of a personal account? Is there a huge waiting period on transferring between accounts on Wealthshare?

>>27101274
True, I guess I'll reconsider buying CGX at this rate. Like some other anon said, it might improve a little after things open up, but it doesn't seem to be working out overall.

>>27101610
Damn. Feels like a lot of chains are closing or laying people off and shit around here.

>>27101610
>manage to survive 350 years in Canada
>get fucked in the last 15 to 20 because cant adapt to online sales and competition from the US

The way she goes...

>>27100908
We need more leaf threads.

>>27095976
My last gf was Indian as well. I've never met a girl more enthusiastic about pleasing me. Her Mom made some absolutely fucking divine crab curry too.

>>27101610
>>27101810
the biggest part of this shitshow is the total lack of capacity and infrastructure to produce vaccines here desu, being reliant on external countries (that are limiting our supply to deal with their own supply issues) is really pathetic

same thing for PPE shortages, ventilators, etc. Local manufacturing really needs to be a focus.

>>27101810
Small businesses are absolutely fucked due to lockdown restrictions and the bigger chains stay afloat by taking the customers of the smaller businesses. It's really sad because once we "reopen", if it ever happens, lots of small businesses will never open again.

>>27102217
Honestly it feels almost time to pack it in and just join the states in a lot of ways, despite their problems.

>>27099468
I'm astonished all that good land in upper Ontario and Quebec hasn't seen population growth. It's prime for development.

>>27101290
You should give Dalio's "principles for big debt crises" a read (free download: https://www.principles.com/big-debt-crises/))
Preserving purchasing power is the name of the game; the USD has the advantage of reserve currency, may get lucky and have a deflationary crisis, in that case holding USD is key, but imo, most currencies were printed into oblivion last year (including USD) and seems to me "the great reset" will be a global currency reset. I have no doubt large holders of real assets will be fine (read:billionaires) but there will be a massive massive shakeout during the changeover, and I doubt any of us normies stocks, retirement, savings accts, etc. will make it though.

>>27101708
yeah it just will probably take another 3 days to transfer out

>>27101798
don't day trade in it but yeah if you trade a couple of times per month (and space out your trades on a single security by a week or so) you'll be fine

here have the qt lambo asian girl to explain it
https://www.youtube.com/watch?v=ufPtiVDw8hk

>>27102217
At least pfizer is doing something good for once and is trying to shakedown our international embarrassment of a government to invest in domestic pharma infrastructure.

https://beta.ctvnews.ca/national/politics/2021/1/20/1_5274653.html

>what is a tfsa

Also

Have you seriously not been made aware of shrooms stocks?

Look up what happened with weed and look at where the shrooms stocks are now.

>>27101798
Day trading through your TFSA is an easy way to get audited just letting you know.
You’ll also get income taxes on any gains if you say trade.

>>27102285
ehhh it's a mixed bag, I'd rather join CANZUK if we want an economic union. Call me a commie but I like having public healthcare and having it available for others and my marginal tax rate is 47.97% so I pay an assload to support that system.

>>27102286
What type of development do you think there should be?

>>27102286
>It's prime for development.
You clearly haven't been there. Beautiful it sure is, ready for development it is not. The 10 hr drive from sault ste marie to thunderbay has 1 tim hortons and maybe a handful of gas stations along the way

Canadian here

You're a fucking idiot

Trade US stocks.

>>27102427
>https://beta.ctvnews.ca/national/politics/2021/1/20/1_5274653.html
nice, that's good. We have some cool research labs and universities for pharma and study of diseases/viruses etc but it seems totally disconnected from commercial applications.

Especially weird given UoT's rich history in medicine - same for Osler.

>>27075614
I have $1,500 in HVBTF

>>27102217
>>27102240
Yeah, we're getting cucked in a lot of ways, thinking it'll go up might just be wistful hoping at this rate. Province I'm in is probably going to be garbage for reopened shit too, absolutely fucked on oil.

>>27102489
So it's better to make a margin or cash account on Questrade or something for even penny-tier day trading, then? I'd rather not get in hot shit for tossing around a few bucks.

>>27102435
>shrooms
You think?

>>27075614
you pay us tax on US stock dividends I thought, not actual trades

>>27102665
I'm sure that'll eventually get filled up. The Toronto-Waterloo corridor project is still underway with all the cities inbetween growing and the rail isn't even close to being finished. One project at a time I suppose.

Wealthsimple finally approved my account. Got 2k that I won't miss. Was hoping to get GME before close today but missed out. Is it that meme over for Monday?
Might grab amc, nok and bb for the meme. What else am I missing out on.
WS only trades in btc and eth. Is it worth it? Or should I buy weird alt coins elsewhere.

>>27102286
>Ontario's Crown land represents 87% of the province
Pretty much why

>>27101798
Realistically you can daytrade in your TFSA, everyone does it. It's only when you start making/moving large sums of money that the CRA starts thinking of how to fuck you. The last time they did a shitload of audits to catch people, they only fucked people with hundreds of thousands to millions and were actively daytrading for the equivalent of 6 fig salaries.

>Missed Aurora Cannabis at 6$

>>27102954
Cash or TFSA acc?

>>27102101
Man I love Indian girls

>>27103018
Remember when weed stocks were all people could talk about. KEK

>>27102665
Remember that time that Nate Silver called "Sudbury-Thunder Bay" a viable NHL market that deserved an expansion team?

>>27102954
>GME
You're probably going to be fucked on the delay with wealthsimple. GME is a very time sensitive trade unless you plan on buying and holding and I'm not sure how well the limit sells work with delay. With GME you need to be in and out the moment the price hits your target.

>>27103026
Cash

New leaf thread when? maybe leaf general?

>>27102954
I got some USDT and spent it on a couple of shitcoins for fun, mostly on binance. If you're spending in CAD, there's a lot that you can't buy directly with card or bank; incredibly annoying. I had to go through 3rd-party-purchases or other sites. Newton worked pretty fast with Interac.

>>27103218
Makes sense thanks for the advice

>>27102665
Going around the lake is hell. At night that road is a suicide mission, low fog, moose, and semis.

>>27078568
This is what I do. But I bought AMC and didn't realize it pays dividends. Am I fucked? Should I just sell them?

>>27103251
Someone should start one, get all of us together and talk about good Canadian stocks.

>>27102951
I encourage you to take a drive up there anon, well worth it, it really is a whole world away from the GTA. All of southern Ontario will fill up before we push north of Sudbury, the geography really changes north of Parry Sound. Up there it's just trees and mining country, you'll see development, sure, but it wont be commercial/residential, just extractive industries and the small communities it supports. But like you said, one project at a time, who knows, with climate change half the globe will probably need to be living on the shores of superior (in 50-100 years)

>>27103251
Leaf thread has been pretty comfy. Thanks for all the advice, everyone.

>>27102380
>>27103006
I'm not looking to day trade. I don't think I have the knowledge for that. Aside from meme stocks but I'm only putting in a few hundred to those.

I started investing with a modest $3000 this week. If this investment balloons over the $6000 contribution limit for my TFSA, how much would this hurt me? At that point, would it have been better to stay with a personal account?

>>27102954
>WS only trades in btc and eth
You need to understand that you don't actually own the crypto on wealthsimple. You're better off just buying actual Bitcoin using Shakepay.

>>27103218
that doesn't sound too encouraging for us WS GME newbies

>>27103571
Thanks fren

>>27103553
>$6000 contribution limit for my TFSA
If you've never used it before, you actually have like $70,000 or something because the contribution limits compound every year.

>>27075614
>paying taxes
ngmi

>>27103553
your growth has 0 impact on your contribution limit, all the government cares about is how much you put in. If you lose money on a trade and pull out you've effectively "lost" contribution room because you can't replace the amount you lost.

>>27103178
kek, nah, don't know how I missed that, thats a good one
>>27103353
>Going around the lake is hell
A pretty drive the first time (in the right conditions)
but gets old real fast, and you're right, suicide mission at night, and don't forget an absolute death trap in the winter

>>27103698
>If you've never used it before, you actually have like $70,000 or something because the contribution limits compound every year.

Wait seriously? Holy shit.

>>27103780
>If you lose money on a trade and pull out you've effectively "lost" contribution room because you can't replace the amount you lost.

This is good information Thanks. Since I'm going long term on stable stocks, it seems like a TFSA will be best.

>be neet
>cash out 75,000 in eth to my tangerine account
>get a phone call from toronto tangerine office
>confirm it was my deposit from my crypto gains
>they release funds and everything is ok
am i going to get fucked next year? i wanted to buy a car to visit my sister this year in vancouver.

>First time buying cryto in canada
>Bought on coinsquare
How bad did I fuck up?

>>27103505
yeah I think that'd be a cool drive, maybe later this summer. I remember going to Sudbury in the winter a few years ago and basically freezing my fingers off

>LKYSF at $1.40 USD
a-am I going to make it bros?

>>27103673
No problemo. I think now is actually a really good time to buy Bitcoin. Wait until it's around $40,000ish CAD and buy it in like $1000 increments, or however much you're willing to spend. I think it's at a point where it's like Apple or Amazon in 2011-2012 or whatever. People are saying it's expensive now, but just wait until it goes to $100,000 by the end of the year. Just remember I'm not a financial advisor.

>>27103933
you'll have to pay tax on it, just set that money aside or start pumping it into an RRSP to decrease your effective taxable income

>>27103872
https://fivethirtyeight.com/features/why-cant-canada-win-the-stanley-cup/

>hold VFV in TFSA, RRSP, and whatever is left in an unregistered as well
bad idea?

>>27103889
I've been getting into it recently in the past few month. The consensus from my research was use your TFSA as an income generator (dividend paying assets) and investing in medium to long term growth. Day trading will get the CRA on your ass as has been discussed to death here so far.

>>27103889
The maximum amount you can put into your TFSA is $6,000 for the 2021 calendar year. If you have never contributed before and turned 18 in 2009 or earlier, you may contribute a lump sum of $75,500. We're all gonna make it. Remember, BlackBerry next week lmao.

>>27086416
Literally most of my portfolio (in terms of # of positions, not $ asset allocation) are all TSX.V stocks.

Made like $400 today on my 20000 $SSE shares lel.

Also what’s the 75K thing people are talking about with TFSA?? I have around that amount, although $25K of it are unrealized gainz

>>27103348
>>27103667
Honestly you should be using Questrade if you want to actively trade. Unfortunately WS isn't really there yet in terms of the things available to you.
>>27103553
Honestly if you aren't making gains of six figs yearly in your TFSA the CRA will not give a fuck because there are people that do and they are far bigger fish to catch. And yeah like the other anons have said the TFSA contribution limit adds like 5-6k every year starting from the year it was created (or the year you hit 18 if you became 18 after it was made, iirc, you can google to find out). And gains aren't counted as contrib so if you put 6k in and it ballooned into 60k your contrib is still 6k.

>>27075614
buy TNY. Canadian weed company that will moon once weed gets legalized in the US.

>>27104165
depends on how young you are desu, sounds like you're doing passive investing anyways. Bond yields are kind of garbage right now across the world so going full stock might be good, you might want some exposure to international markets like europe though. But it's hard to argue against the S&P. Also VFV probably has some divvy payout that will get taxed 15% in a TFSA/unregistered so you'll have to figure out if that's a big portion of VFV's rate of return.

>>27104327
If you were 18 before the start of the TFSA program (like around 2008-2009 I cannot remember) your total contribution room as of this year would be 75K.

>>27103933
Anon, crypto is taxed here as capital gains iirc. Double check asap because you could be about to be dicked by the taxman.

>>27104376
Ok looking into it now

>>27103872
Couldn't have said it better. I am fortunate to not have to drive it in the winter but could only imagine what it would be like.

>>27084511
Usually gets done next day for me

>>27104469
>Also VFV probably has some divvy payout that will get taxed 15% in a TFSA/unregistered so you'll have to figure out if that's a big portion of VFV's rate of return.
yes, i believe it does. i've been reading a lot and it looks like it's 15% on 2%(divs) to which many people seem to say that it's nothing to worry about unless you have millions invested.

>you might want some exposure to international markets
i've been reading on this too much but in the end it seems like even though it's good to have expose to international markets the US is considered international onto itself in a sense.

>>27104732
With questrade with a 2-5k investment in the next few months should I get a TFSA or indie account

>>27105119
TFSA unless you plan on fucking with margin and other shit (I hope you know what you're doing if you do). That shit is tax free and you can basically do whatever you want in it.

>>27104112
Thanks for that anon, seems to me poor Nate really needs to stop looking at excel for once and take a fucking drive. Gave me a new perspective on his election calls

>>27104573
it is a capital gain i picked 75,000 cause i shouldn't get taxed on that amount since its low but now im worried about cra coming and auditing me. 2018 would literally fuck me in the ass if i had to pull up those crypto-crypto transactions.