Comments on: This and That http://www.canadiancapitalist.com/this-and-that-73/ Helping you invest and prosper Sat, 11 Feb 2012 12:40:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jon D. http://www.canadiancapitalist.com/this-and-that-73/#comment-102069 Jon D. Mon, 14 Jan 2008 18:41:45 +0000 http://www.canadiancapitalist.com/2008/01/10/this-and-that-73#comment-102069 Questrade details were posted on their site last night: http://www.questrade.com/trading/registered_accounts_usd.aspx Questrade details were posted on their site last night:

http://www.questrade.com/trading/registered_accounts_usd.aspx

]]> By: CanadianInvestor http://www.canadiancapitalist.com/this-and-that-73/#comment-102022 CanadianInvestor Mon, 14 Jan 2008 16:45:45 +0000 http://www.canadiancapitalist.com/2008/01/10/this-and-that-73#comment-102022 Hello CC, thanks for the mention. I especially like the news from Carrick about the Questrade USD RRSP cash account; it's very welcome news. Yes, strange as it seems, Leon, I have had the same response from BMOIL and TD Waterhouse re the software. Maybe it's true! Or is it an urban myth of the big banks? One has to believe that they are either incompetent or obstructive for not doing something that became legal in 2001. Hello CC, thanks for the mention. I especially like the news from Carrick about the Questrade USD RRSP cash account; it’s very welcome news. Yes, strange as it seems, Leon, I have had the same response from BMOIL and TD Waterhouse re the software. Maybe it’s true! Or is it an urban myth of the big banks? One has to believe that they are either incompetent or obstructive for not doing something that became legal in 2001.

]]> By: dan http://www.canadiancapitalist.com/this-and-that-73/#comment-101372 dan Sat, 12 Jan 2008 21:10:42 +0000 http://www.canadiancapitalist.com/2008/01/10/this-and-that-73#comment-101372 Dear Blogger: This is for your information and is not intended as a spam post. Find out how you can promote your blog and/or website at no cost (really!) at: http://college-scholarships.com/free_website_promotion_program.htm You'll learn how I achieved #1 rankings for my websites in Google, Yahoo, and MSN. The program is entirely without cost and it really works. See absolute, undeniable proof at: http://college-scholarships.com/free_website_promotion_program.htm Best Wishes Dan Dear Blogger:

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]]> By: WhereDoesAllMyMoneyGo http://www.canadiancapitalist.com/this-and-that-73/#comment-101137 WhereDoesAllMyMoneyGo Fri, 11 Jan 2008 21:56:19 +0000 http://www.canadiancapitalist.com/2008/01/10/this-and-that-73#comment-101137 Thanks for the link CC! Have a great weekend. Thanks for the link CC! Have a great weekend.

]]> By: Canadian Mortgage http://www.canadiancapitalist.com/this-and-that-73/#comment-101055 Canadian Mortgage Fri, 11 Jan 2008 15:36:31 +0000 http://www.canadiancapitalist.com/2008/01/10/this-and-that-73#comment-101055 Thanks CC. Your round-ups always seem to have valuable little nuggets! Have a great weekend. - Melanie Thanks CC. Your round-ups always seem to have valuable little nuggets! Have a great weekend. – Melanie

]]> By: Michael James http://www.canadiancapitalist.com/this-and-that-73/#comment-101045 Michael James Fri, 11 Jan 2008 14:36:32 +0000 http://www.canadiancapitalist.com/2008/01/10/this-and-that-73#comment-101045 CC: Your method of switching to an index fund is probably better than what I've been doing, but the whole business still bothers me. Making a phone call takes time, I pay an extra commission, and I pay for currency conversion on the slight difference between the $US generated by the stock sale and the $US consumed in the subsequent buy. Another minor annoyance for me is that because I don't trust banks and brokerages, I monitor my account for a while to see if the trades were actually washed. I don't trade often enough for it to really make a difference, but even though I try to behave rationally, I still have irrational feelings. I'll be happier when the major brokerages break down and start handling $US in retirement accounts reasonably. CC: Your method of switching to an index fund is probably better than what I’ve been doing, but the whole business still bothers me. Making a phone call takes time, I pay an extra commission, and I pay for currency conversion on the slight difference between the $US generated by the stock sale and the $US consumed in the subsequent buy. Another minor annoyance for me is that because I don’t trust banks and brokerages, I monitor my account for a while to see if the trades were actually washed.

I don’t trade often enough for it to really make a difference, but even though I try to behave rationally, I still have irrational feelings. I’ll be happier when the major brokerages break down and start handling $US in retirement accounts reasonably.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/this-and-that-73/#comment-101037 Canadian Capitalist Fri, 11 Jan 2008 13:53:52 +0000 http://www.canadiancapitalist.com/2008/01/10/this-and-that-73#comment-101037 Leon: Of course the big banks won't want to kill the golden goose. A 2-way currency transfer on a $10,000 trade will work out to $200 or so. Thicken: RBC Direct and TD Waterhouse are already saying that they are implementing a USD RRSP, according to Rob's article. Michael: I usually sell a stock and move to an index fund, so the current wash trade method works perfectly for me. FJ: Yes, for dividends a USD RRSP will be nice. Leon: Of course the big banks won’t want to kill the golden goose. A 2-way currency transfer on a $10,000 trade will work out to $200 or so.

Thicken: RBC Direct and TD Waterhouse are already saying that they are implementing a USD RRSP, according to Rob’s article.

Michael: I usually sell a stock and move to an index fund, so the current wash trade method works perfectly for me.

FJ: Yes, for dividends a USD RRSP will be nice.

]]> By: Financial Jungle http://www.canadiancapitalist.com/this-and-that-73/#comment-100931 Financial Jungle Fri, 11 Jan 2008 05:51:50 +0000 http://www.canadiancapitalist.com/2008/01/10/this-and-that-73#comment-100931 Thank you for the referrals. I wasn't aware of the change in Questrade's system to handle US currency within RRSP. Given the new RRSP contribution room for the new year, timing is perfect as we're planning to move some dividend-paying US stocks from non-registered to our RRSPs. Thank you for the referrals.

I wasn’t aware of the change in Questrade’s system to handle US currency within RRSP. Given the new RRSP contribution room for the new year, timing is perfect as we’re planning to move some dividend-paying US stocks from non-registered to our RRSPs.

]]> By: Michael James http://www.canadiancapitalist.com/this-and-that-73/#comment-100897 Michael James Fri, 11 Jan 2008 02:47:40 +0000 http://www.canadiancapitalist.com/2008/01/10/this-and-that-73#comment-100897 Thanks for including me. The Questrade news is great. I find it a pain to be phoning in to wash trades. It's also a pain to have to park US dollars if I don't have another stock picked out. Thanks for including me. The Questrade news is great. I find it a pain to be phoning in to wash trades. It’s also a pain to have to park US dollars if I don’t have another stock picked out.

]]> By: thickenmywallet http://www.canadiancapitalist.com/this-and-that-73/#comment-100891 thickenmywallet Fri, 11 Jan 2008 02:01:40 +0000 http://www.canadiancapitalist.com/2008/01/10/this-and-that-73#comment-100891 Thanks for the mention. I wonder how long it will be before other brokerage firms follow Questrade's lead? Thanks for the mention. I wonder how long it will be before other brokerage firms follow Questrade’s lead?

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