Your daily investment discussion thread. Want more? Join our new Discord Chat submitted by /u/OPINION_IS_UNPOPULAR [visit reddit] [comments ..read more

Good day, all, Please kindly judge my investment strategy after reading here and several finanace books. Back story: I currently own mutual funds in CIBC, Canada life ? with all combined 200k, and I just realised i have been getting robbed after doing my due diligence and reading this year. Hence, i came up with the below strategy Open a Managed Portfolio with Questrade and Wealthsimple and Move all (split even between) mutual funds to their ETfs Growth Open an RRSP with QT and Wealth simple and max out my 2024 RRSP contribution in a Self Directed account comprising of VGRO and VEQT Open TFS ..read more

submitted by /u/Puginator [visit reddit] [comments ..read more

Hi guys, as title says. There are SO many out there. So far I've got on my list XEQT, VFV, VEQT. VMO. QQC. What else are out there?, Not too concerned on volatility as i'm looking for the long term, and the charts on those that I list are decent, I know VMO can be appealing being its a global stock with not bad returns since inception, but so far the one that does top them all since "inception" is VFV. at an average of 17%. I know we cannot see the future. Thinking to split the money into 2, or 3 ETF's and very likely VFV is going to be the 1 of them. thank you! submitted by /u/Octan3 [visit ..read more

Was looking at sub-$200k real estate and seems there are some good properties in Edmonton, Winnipeg, Saskatoon, Red Deer, Medicine Hat. Why hasn't a deep-pocketed firm bought these cheap houses, to slap some paint on and then capitalize on the 0.5% vacancy rates to make some easy rental income? Seems like a no-brainer to me. If I had $10k for a down payment and a flip, I would totally go to town on these markets. submitted by /u/candybarsandgin [visit reddit] [comments ..read more

Article Trudeau dismisses plea from doctors to reconsider capital gains tax change 'We are asking the most successful in this country to do a little bit more,' Trudeau said Apr 23, 2024 6:48 AM CDT Prime Minister Justin Trudeau is rejecting a call from some doctors for his government to reconsider its planned capital gains tax hike. The doctors warn that the tax change could undermine efforts to recruit and retain physicians in Canada and threaten the stability of the health-care system. Canada is facing a severe doctor shortage. An estimated 6.5 million Canadians are going without access to ..read more

submitted by /u/reallyneedhelp1212 [visit reddit] [comments ..read more

Can anybody explain why this stock dont have a scheduled payout next month? submitted by /u/TheNewguy008 [visit reddit] [comments ..read more

TIL that there are ETFs that use dividends paid by the underlying stocks to purchase more stock instead of paying them to fund holders. You still end up with the same number of shares in the ETF, but the ETF in turn increases the number of shares held in the underlying stocks. An example is Blackrock's IUES, which holds US energy companies (Exxon, Chevron, etc.). I was surprised when I saw it paid no dividend until I figured out this is what's happening. Since there are no dividend payments, does this mean that there will be no withholding taxes taken by the US? If so, it strikes me that all ..read more

submitted by /u/Educational_Swim8665 [visit reddit] [comments ..read more