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  1. Investing
    Hi, I approached my company before opening an RRSP account with RBC. Company HR said that if I didn't open one with Standard Life, then the contributions would be after-tax money! It came as a shock. Up until now, I thought only before-tax money has to be contributed into RRSP so that at an...
  2. General Personal Finance Talk
    Hi everyone, I've recently accepted a job in California so I'll be moving there from Toronto. In total I will have been there < 183 days since I'll be moving in mid-August. I had a few questions about tax implications on my investment accounts and income taxes and would really appreciate any...
  3. Taxation
    Sorry, I wasn't sure if this belongs to the investing or taxation forum, but it seems most relevant to taxation. The Situation: Let's say I decided to quit my day job since i'm nearing retirement anyways. And I plan to just live off my investments profits (mostly growth and dividend stocks) in...
  4. Investing
    Hi, I recently sold my USD holdings in my RRSP and now would like to redistribute the (+some additional) cash (about 30%). After cashing out the USD holdings, I have about the following distribution: 30% cash 30% fixed income (mostly short term bonds) 8% Canadian Equitites 20% US Equities 8%...
  5. General Personal Finance Talk
    Hi, I am a Canadian Citizen physically residing in Canada. I started working in the USA, I will be getting a W2 end of the year. I have only investment income in Canada. I have been contributing to RRSP while working in Canada over the years. The RRSP contribution room were calculated based on...
  6. Investing
    This is my first post, so please be easy on me :smile: I'm 40 yrs old novice investor, looking to build a simple portfolio of 2-3 etfs, my financials are as follows: - I have $300K in personal savings - I have $150K deferred income in my corporation (50/50 USD and CAD) - I own $130K of my...
  7. Investing
    Hello I wanted to get peoples' opinion on a strategy my wife and I were thinking about. Invest throughout the year in a TFSA (invested in ETFs using a similar model to the couch potato 2017 ETF sample portfolio) and then before tax season, withdraw the TFSA funds and put them into an RRSP...
  8. Investing
    Good day, I am sick and tired of my portfolio being depleted by fees from my fund management company. I have decided to look into a self directed RRSP, TFSA, and RESP. I have a couple questions that I apologize if they are answered a million times over in the forum, my brief look didn't uncover...
  9. Retirement
    I am 61 years old and currently have about $227K in my Locked in RRSP which was transferred when I retired and took the commuted value of my Pension. I understand that I can transfer 50% of the total amount in my Locked in RRSP account to a regular unrestricted RRSP account. My question is, is...
  10. Investing
    Hello all I have had a small amount of Riocan stocks in my RRSP Questrade account for a long time now. The stock yield (%5.24) is not bad but considering the current housing bubble looming, Do you think its better to hold, buy or sell? I know Riocan is mostly invested in commercial holdings but...
  11. Taxation
    Hi all, I need some help figuring out my RRSP contribution limit for my 2016 tax return. Is the following correct? I have a NOA for 2014 tax year for RRSP contribution limit of A I filed 2015 recently (yeah..now I know why NOT to file late!) - do I add ).18 of the net income for 2015 - assume...
  12. Taxation
    My wife and I both withdrew the maximum $25,000 from our RRSP using the HBP. At the time we were both working and had of course planned to repay the min amount each year given our dual incomes at the time. With a few additions to our family we have decided that my wife will be staying home with...
  13. General Personal Finance Talk
    ModernAdvisor is a leading Canadian online investment advisor. We combine smart technology with expertise from investment professionals to build and manage globally diversified investment portfolios tailored to your needs. Our fully-managed ETF portfolios cost less than 1/3 of the average...
  14. General Personal Finance Talk
    Hi there, any advice would be appreciated. My husband and I are planning to buy our first house within the next year and a half. We are moving in 6 months and will look to buy after that. We recently got a settlement of 25K and I'm unsure of what to do with the money until it can be...
  15. Investing
    What are the most tax efficient retirement investment methods for people filing taxes in both Canada and the USA? This is new to me, but my wife is a US citizen and I'm looking at becoming a "US resident for tax purposes" to take advantage of several significant rebates relating to having 4...
  16. General Personal Finance Talk
    Beware of Canadian Casino Caesars Windsor, Ontario, Canada is committing fraud at table games and cheating is very common. They will rob you blind before you know it. They will make you win some and then fraud you big time. Caesars Windsor committing fraud using remote control dice at Craps...
  17. Investing
    Managing your own investments can be exciting and rewarding - we get that. But if life gets busy and you decide to look for a hassle-free and low-cost way to manage part or all of your portfolio, ModernAdvisor could be a great choice. At ModernAdvisor, we combine smart technology with expertise...
  18. General Personal Finance Talk
    Mutual funds in Canada are the most expensive in the developed world. In fact, high mutual fund fees are forcing many Canadians to retire many years later than they would like. At ModernAdvisor, we combine smart technology with expertise from investment professionals to build and manage...
  19. Taxation
    Hi everyone, I hope someone can help me. I received a Schedule K1 US Tax form for an ETF (ProShares UltraShort Crude Oil SCO) that I held briefly in my RRSP in 2015. I don't understand why I would receive a US Tax form for something I held in a registered account. I hold dozens of US shares...
  20. Investing
    Hi all, I've been browsing the forum for a few days now with great interest. I'm new to the forum and though I would get some of your opinions on how best to realize one of my goals for my RRSP. I'm a young 30s professional and have been investing since 2007. I used the Home buyer's plan to...
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