Hi all,

My partner and I have been remaining liquid as we're looking to buy our first home.

We're holding about $300,000 in cash, and the housing availability is not great in our area, so we don't know if we'll be buying in the short term.

With the looming tariffs, should we be moving this money to some other asset in fear of a dropping loonie?

Thanks for any help.

I made a post a few months back regarding my portfolio manager, who charges 1.5% fee. I started with this manager when I was rather financially illiterate, and have since learned about the importance of fees.

The manager has me basically in a couch potato portfolio consisting of xgro, gold, and crypto. Nothing else.

I told him I was leaving, and he said he would drop the fee to 0.75%. Something I feel like I could easily do.

I don’t really get any other information from his team other then “ we’re going to max out fhsa, tsfa and then rrsp”

Is a 0.75% worth staying?

Feel free to be as critical as needed

I'm mainly holding vfv and veqt. I'll probably stick to that and and dca but i'm curious on what you guys plan on doing?

Clearly Canadian economy is not doing great and Trump is going to Tariff or at least he says he will.

Canadian dollar is weakened by the the BOC so the housing bubble doesn't burst and also so that Canadian goods are cheaper to the US in US dollar even after tariffs.

Take control of your investments. Protect your money. Hedge against Canadian dollar by shorting CAD. Get out of Canadian stocks for now.

As i posted this Canadian dollar is down 0.8 percent. My short right now MCD futures is 40 contracts that is around 400k

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With US bond yields currently at 4.5% and possibly going higher investment in US bonds seems like a great idea for Canadian investors looking for low risk fixed income returns.

Rates in Canada are on a clear downward trajectory and so is the yields provided by fixed income securities bonds in Canada.

CASH.TO for instance has consequently cut its distribution from 0.215 last year to 0.136 this year (data for January)

With rates already high in US and fed at hold for rate cutting cycle and Trump’s inflationary tariffs US short term bonds and US investment grade corporate bonds and related ETFs offer a great opportunity.

IUFR the floating rate bond ETF that invests in short term US treasuries has a yield of 5% and is as stable as CASH.TO

RUSB too has a yield of 3.5% and has also had capital appreciation of around 10% in the last year.

FLOT another ETF has a yield of 5.8% and is as stable as CASH.TO

That’s my two cents. Thanks.

https://preview.redd.it/jyp6fk5ph8ge1.png?width=1312&format=png&auto=webp&s=f8d38a6e2beb8acd8b1092c6986a1d12a63af22d

Let's assume all the bad news has now been priced in and we want to lock-in FX profit on USD denominated assets, with a bet that our loonie will revert to a "better mean." Anyone willing to share their best practices on how to do it?

It could be highly dependent on asset type, whether it's just cash, equities. Also asset location, ie. registered accounts (no fx futures). If I were to offer a list, in order of increasing complexity:

1. Go to bank/currency exchange, convert any (spare) USD cash
2. Norbert gambit on interlisted canadian stocks (TD > TD.TO)
3. If example holding US SPY eqv, sell VOO/SPY/etc, norbert gambit/convert, rebuy CAD hedged S&P 500 product on TSX, like XSP or iShares Core S&P 500 Index ETF (CAD-Hedged). Reverse this when CAD/USD normalizes.
4. Purchase FX futures contract(s) to cover desired exposure and roll monthly. But this isn't permitted in reg accounts

I think for TFSA/RRSP, 3) is pretty much the best option that I can see. The idea is to still be long the USD assets. Also, of course there is the option of doing nothing but this sub is about "besides being a potato" :)

I’ve held this ETF at 2% of my portfolio for about a year and it’s been one of my best performers. I’ve never seen it discussed or mentioned anywhere so thought I would get some others opinions on it.

Pros: strong recent and historical performance, globally diversified, listed in CAD

Cons: higher MER of 0.38 due to active management, low trading volumes, some overlapping holdings with VOO, SCHG, QCN

This is a 15-20 year buy and hold for me. 37 y/o.

What the heck happened with vfv, cp cnr, etc in the last half hour of trading ? Never seen anything like that before

I feel slightly uneasy about making this post because I know that the imposition of the tariffs will hit a lot of Canadians hard. Still I can't help but think about buying opportunities when and if the tariffs hit.

Based on my research, the tariffs will affect the automotive, energy, aerospace, and forestry and agriculture sectors the most so I've put the following companies on a watchlist to buy in case of a dip because I believe that if the Canadian government retaliates the same way they did in 2017, that tariffs will be short-lived. My question is with what percentage decline would you be interested in buying any of the stocks below and which one has the best potential to bounce back quickly?

LNR.TO LINAMAR CORP

GIL.TO GILDAN ACTIVEWEAR

ATZ.TO ARITZIA INC

SU.TO SUNCOR ENERGY INC.

WFG.TO West Fraser Timber

CNQ.TO CDN NATURAL RES

MG.TO MAGNA INTERNATIONAL

BBD-B.TO BOMBARDIER

Hello all,

First of all, I want exposure into the NASDAQ 100.

I'm interested by QQQX from Global X. I am aware of its negligible distribution but low fee. My question is, would I be better off getting QQCC instead and DRIP'ing its 9.62% distribution for a better total return? When I compare both stocks side by side, I see from May 2024, a return of 23.3% for QQQX and 15.5% for QQCC. But I can't find a calculator anywhere that accounts for DRIP.

Thanks!

I posted this in stocks, but in retrospect this seems like the better place.

In my late father's stack of papers we came across a share certificate for Penn West Petroleum. I understand that has since become Obsidian Energy. In order to cash this out, I sent it to the transfer agent who issued a new share certificate to the estate.

The question is this: they have apparently given us a certificate for significantly fewer shares than the original, about 1/8th the original number. I was under the impression that the change from Penn West to Obsidian was in name only?

Was there a reverse split or reissue or similar that explains this radical reduction in shares?

Which is better? More options?

I've maxed out my FHSA, TFSA, and RRSP. I have $50K left over sitting in a regular savings account.

Over the next few years, I won’t be making much money as I start a doctorate degree, justt enough to cover basic living expenses. I want to save this cash to max out my registered accounts in the near future.

What are some recommendations for where to keep it in the meantime, before the start of next year? I was thinking of putting it into a money market fund (or something similar and low-risk) in a non-registered account and withdrawing what I need to contribute to my registered accounts next year.

Would this be a good approach, or are there better options?

Hello fellow investors. With our Canadian dollar keeps going down in value and the potential of inflation coming back, instead of putting my emergency fund into Cash.To, I want to hedge by putting it in an US ETF that is same/similar, so I can preserve the value of my money while earning interest, and I would like to ask of such US ETF exist? Thank you in advance!

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I'm just trying to learn more about non-registered investment accounts and the tax implications. My TFSA is pretty full as well as my spouses so those aren't options. I'm in B.C. if that matters

I'm trying tonunderstand how the tax rate works on earnings from dividends related to foreign stock.

If my wage is $100,000 gross and $64,000 net. So roughly 36% income tax.

If it had $100,000 in a non-reg account and say I'm yielding $100 a month distribution (is it different for dividend?) Does that get $1200 annually get taxed on top of my salary or is it a different rate as a different source of income.

If i had only pensioned income and the same dividend, is the tax rate different? I hope this makes sense as I'm fairly confused.

Anyone have a reputable discount investment platform for corporate bonds in an account that is a self-directed account - not ETFs or mutual funds? Long time stock investor, first time bond buyer….

Wondering why there isn’t more support for Mackenzie ETFs. They’re widely used by Wealthsimple in their managed accounts given their shared ownership, but why don’t more DIY investors use them? Everyone seems to default to Vanguard, Blackrock and BMO.

Pros: Canadian company, generally lower MERs, carry popular ETFs like QCN (VCN), MEQT (XEQT), MBAL (VBAL), and QUU (VFV/XUU)

Cons: lower trading volumes

Hi, I'm a teenager who is now allowed to freely invest his money earned from part time tutoring and internships. I have around 9000 CAD and have just dumped it all into a VEQT under my TFSA. Since I like money, my question is should I just wait and put more savings into VEQT when I have the chance or is there a way I can get more?

If I work for a company that gets contracted to do work at a, let's say for example👀.... New R&D building for a company with a publicly traded stock.... Would it be insider trading knowing this information to now load up on shares?

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Creating this post to share something I learned from a recent experience. I had a financial advisor who recommended some mutual funds to me last year. Trusting them (my first mistake), I agreed with the trades and allowed them to purchase the funds on my behalf. At the end of the year, I was reviewing my account statements, and realized my advisor had put me in Class A mutual funds. Looking into this further (as I didn't know what this meant), I discovered these mutual fund classes have what's called a Trailer Fee included in their management fee, which is essentially a hefty fee that goes directly into a financial advisor's pocket. So, I was paying 1.45% in management fees when I could have been paying 0.45% on a different mutual fund class of the exact same product.

Turns out that fund companies offer multiple different classes of the same fund, but some of them have this trailer fee and some of them don't. So, I angrily closed my account with the advisor, and started a self-directed account using class F units, which saved me a full 1% on the management fees paid on the mutual fund classes I own.

Now, I'm in EVF500 (link to fund page: https://evolveetfs.com/product/espx/ ) and EVF400 (link to fund page: https://evolveetfs.com/product/bond/ ) and am saving 0.75% and 1.00% respectively on each of these products. I'm really happy with both of them and would encourage others to check them out.

Is this basically from Trump Tariff noise, or did some significant news come out affecting the company (MDA.TO )? I would not think the latest AI news would move the stock price much, right? Any thoughts would be appreciated. I like this company and own a nice sized position, but regretfully news is hard to find here in the States. TY.