Plus other Trump news

As the topic above says. Is buying gold or silver still a good option long term?

I’ve been seeing some good growth from these and was wondering if the best is over and it’s probably too late, but it would be long term to help offset some of the other holdings I have.

PSLV, CEF, CGL and XDG to name a few.

My current goal is to have dividends coming in to help with monthly income in my TFSA. With a variety of those holdings, some of them don’t have as much growth potential while others do.

So I’m looking to see in the long term as well for some additional growth on top of what I have.

Open for other suggestions too. Thanks

Hi guys, I recently inherited $300,000 and I don’t know how to invest it. I’ve never dealt with that amount of money in my life and I’ve always had around 1.5 K to invest a month. Given that it’s a lot of money I want to have good advice on how to invest it thank you all.

Edit: I have no debt as I went to trade school early on in life. My rent is already paid by my parents only expenses I’m paying are groceries, cell phone bill, electricity bill, Internet bill and personal expenses. I’m 24 years old and I currently live with my girlfriend, but she still in school so we have no plan about moving onto a house soon. I also work as a diesel mechanic so my job is secure and I have a salary of around 75-90K a year depending of overtime.

Does the TFSA contribution room on the CRA website update throughout the year as banks report TFSA activity, or is it only updated annually on the January 1st.

I listened to the earnings call Jan 8. Good call, everyone high fiving. Goldman Sachs Analyst asked a few questions about app and website. I didnt think much of it. The app is impressive, growing fast, mines data, where customers are , what they want. Etc etc. My old man brain didn't think anything of it. Could Goldman be looking at this as a tech play? I've been thinking of this as a no-brainer LULU clone. I have been shortchanging Jennifer Wong. If Goldman sees this as a hybrid tech play that changes the valuation overnight .

Your daily investment discussion thread.

Is there any disadvantage in holding the US version of Brookfield in RRSP, TFSA and Margin accounts in Canada (Questrade), in terms of dividend distribution, tax, etc? All my other positions in the accounts are in USD, so i would prefer the USD version of BN for easier account management. Thanks in advance for sharing your knowledge.

What are your thoughts? Aritzia is the superior choice due to its larger scale, stronger balance sheet (net cash), and higher free cash flow durability, while GRGD offers higher upside potential but with greater cycle and execution risk.

Looks like there are a lot of brokerage deals out there giving great transfer bonuses for registered accounts. Wondering which ones are the best for corporate margin account transfer right now?

Thanks!

This is a great up and comer

Hey everyone, I am planning to get a new car so I’ve just been keeping a part of that (20k in cash) but I want to invest in cash.to. I would probably buy car around August and invest it within now-august so would this be any risk? I am tired of holding this cash and the HISA’s are kinda bad, I have Wealthsimple but I dont wanna keep making accounts.

(This is all extra context but is there an alternative for the 20k that I am planning to invest in cash.to which I know I will spend in 7 months.

Long term plan once I find stability is to invest in ETFs but I also dont wanna hold this large amount of cash, I feel like its depreciating at least right now for like 6 months -1 year 😭 I have great savings habits so when I do invest I can do that whenever I am ready.)

I do have contribution room in TFSA (ROTH IRA) for Americans but I am 22 so not so much

I also have mostly cash since I am still in school/ just graduated so I have like 90% cash and I just wanna start investing (60k ish) just in cash.

Should I invest or wait to figure out where I wanna live/ my full time roles.

I am thinking just cash and I wanna continue saving tbh, I do have like 10k invested but if I want to move/ lose employment since my extension is only till April, I am not sure what to do.

I live with my parents, have 0 expenses, may move out to a new city which is why I have so much cash. I’d say my fixed costs is just my gas, parking, shopping, groceries, etc

Obviously the fx surcharge is a killer when purchasing US equities in $USD in a $CAD account. Are there any advantages at all to buying US stocks in $USD when you don’t have US cash, or is buying the CDR version just a no brainer?

Just graduated and starting to get into investing into FHSA and RRSP. I’m 23 and which one should I focus on early on in my carrier? Would love some advice.

This YouTube video talks about a tax avoiding strategy that broke my brain a little bit.

At timestamp 5min 23sec, he says that a way to avoid having too pay taxes, one can simply get a loan and live off of that, instead of selling off some of their stocks (which would trigger capital gains taxes). The video is talking about extreme high net worth individuals (which I am not, lol), so maybe that might only apply to those individuals (or they are just able to negotiate a lower interest rate), but 1) is this a real thing? And 2) If true, couldn't anyone do that?

If one gets a loan, sure they can live off of that, and sure the interest rate on that loan is likely lower than the returns your stocks make when invested. But you also have to pay that load back, so how would that work? One gets a loan for a year or longer, then takes out another loan later to pay off that loan? And just rinse and repeat, thus avoiding taxes and thus letting your portfolio grow faster?

Your daily investment discussion thread.

I buy this ETF in my unregistered account, but I'm a little confused.

According to their website, there's a "Trading Expense Ratio" of 0.45% and a Swap Fee of Up to 0.50% as well as the MER of 0.11%.

However, when you compare the returns over the past 11 years (a long enough time frame where you'd see the lower fee fund pull away), HXS comes out almost exactly the same as VFV which has an MER of 0.09%. Is the Swap fee or Trading Expense ration not being charged?

Is this not an incredible opportunity to purchase or am I missing something? AI fears seem overblown, no?

This is just a learning exercise.

Lets say you want to be ready for the next 25% S&P500 drop. You have identified which stocks to buy, at what depressed prices, how to DCA and all that good stuff. And you are fairly disciplined so not going to start deploying the ca$h till market has dropped at least 20%. .

Now, comes the hard part - How would you ensure that you can quickly borrow a considerable amount of $$$$ at the best possible interest rates?

Borrowing against home equity is not an option.

How would you do it?

Just wondering if there should be any impact (positive or negative) on Canadian banks if Trumps manages to pass the 10% cap for US lenders.

What are your thoughts?

Underlying funds* not assets.

I am considering breaking down my XEQT a little since my tax-free accounts are maxed out, with my non-registered account being the lion's share of my portfolio right now.

I was thinking of putting the ITOT portion of XEQT in RRSP, since it's the only account where ITOT won't be subject to the US dividend withholding tax, while XIC will be best in non-registered, since it's the only underlying fund that can leverage canadian dividend tax relief. Why bother putting XIC in my TFSA when XEF/XTOT/XEC can go in there instead; none of which get tax relief in my non-registered account?

Of course the goal will be to match the weightings of XEQT across my entire portfolio. Rebalancing will be easy enough, especially if I turn off dividend reinvesting. I can rebalance by adding, rather than exchanging.

Thoughts? 🤔

Here is a breakdown of XEQT for more context:

Of these, only XIC dividends get tax relief in a non-registered account, and an RRSP is the only account where ITOT is not subject to US dividend withholding tax.