How to Transfer Cash to an RRSP at ING Direct from another RRSP Using a T2033...
The current federal government has essentially killed the value of investing in Canada Savings Bonds so it's time for us to transfer out our holdings in the free Canada Retirement Savings Plan. This...
View ArticleVerizon on the Horizon: Time to Dump Bell?!
Will Verizon drop mobile phone costs in Canada 50%? Will mighty Ma Bell teeter and fall from her alabaster (telephone) pedestal? Tell us what will happen to Telus? Here’s my rather jaded view on the...
View ArticleHow to Set Up a US Dollar Ledger or Side for a BMO InvestorLine RRSP Account
I finally took the plunge and created a US dollar sub-account within our BMO RRSP account. How difficult could it be? I wondered nervously. As bad as trying to buy a GIC for our kids' RESP at the...
View ArticleHow Can I Move a Stock I Hold from the Canadian Side to the US Side of my...
Once more I sally forth (like the comic strip) to test how to do something weird in my InvestorLine account: This time my task is relatively benign as I attempt to move some, but not all, of my shares...
View ArticleWhat to Watch for When Transferring a Stock to the US Dollar Side of an...
Ok here's an easy post to read and prove to yourself that you are much smarter than I am, although I doubt that was ever in question. AKA "Don't do what I did when moving a dividend-paying stock to...
View ArticleWhere Can I Find My US Ledger Stocks in My BMO InvestorLine RRSP or TFSA...
Recently I set up a US dollar sub-account within my BMO InvestorLine RRSP account. Then I transferred some shares in TD into the US side. I intend to sell them there and buy something on the NYSE using...
View ArticleWhich of the Big 5 Brokerages Offer a US Dollar Side, Journal, Ledger or...
If you receive large distributions or dividends paid in US dollars it may be worth having a US dollar sub-account within your RRSP. Unfortunately only some of the Big 5 Bank discount brokerages offer...
View ArticleWhen Will I Get My Dividends in my InvestorLine and Investor’s Edge Brokerage...
It's July 31! I can take my Cineplex dividend and go to the movies tonight...Can't I?
View ArticleAstonishing 12 Month Target Prices for CU Reported on BMO InvestorLine:...
Wow, the pundits think my CU shares are going to double this year! Or do they? Here's what I found when I dug a bit deeper.
View ArticleWhen Can I Spend a Dividend or Distribution Payable into my BMO InvestorLine...
I asked InvestorLine via their secure email MyLink service what day I can spend a dividend or distribution payable to my account. The answer was reassuring.
View ArticleIf I Transfer a Stock to my US $ InvestorLine RRSP After the Record Date...
After I goofed and shifted stock from my Canadian to my US ledger in my InvestorLine account after the Date of Record, I checked to see where the dividend appeared.
View ArticleExamples of TFSA Portfolio Fees and Commissions Using InvestorLine and...
Some readers considering opening a TFSA at a brokerage may want to review the costs of setting up one of these example portfolios.
View ArticleGet Ready to Die: Beneficiary and Successor Account Holder Forms for your...
Are you ready to die? Do you want to shout "hands off my money" at the government as you perish? Do you know the difference between a Successor and a Beneficiary and why it matters? If you're not part...
View ArticleHow Much Can I Contribute to My TFSA? I Turned 18 or Arrived in Canada after...
Not everyone is 22 or older nor has been a Canadian Resident their entire life. If you're a recent immigrant to Canada, a visa student, or you've just turned 18, you can check your TFSA contribution...
View ArticleI’m Not Sure What to Do with My RRSP Money—What Should I Do Till I Decide?
It's open season for banks angling to land your RRSP dollars. If you don't want to be hooked like a Sucker on spring migration, instead of rushing into a RRSP investment, you may want to park your...
View ArticleHow Long Does It Take to Transfer a TFSA from ING Direct to BMO InvestorLine?
Do you think the market is going to drop 25% early this year? Is your cash waiting in the correct account ready to buy, buy, buy? Don’t miss the market by having your cash lost in limbo between banks...
View ArticleHow to Open a RESP Account at BMO InvestorLine
I procrastinated for no reason: it wasn't particularly hard to open a RESP self-directed brokerage account at InvestorLine. If you've been putting it off, maybe this will inspire you, too. It also...
View ArticleSigning in to your BMO InvestorLine RESP Account for the First Time
When you first sign in to your InvestorLine RESP account you'll need to know what a professional subscriber is and whether you are one. You'll also set up your security questions and passwords, and...
View ArticleHow to Set Your Trading Password for a BMO InvestorLine Account
Some brokerages don't have two passwords, one for signing in and one for executing a trade. InvestorLine does which I think is a good thing. Here's how to set or change your trading password.
View ArticleHow to Make a Contribution to your RESP Account at BMO InvestorLine
You can easily make a lump sum contribution or set up a monthly deposit into your BMO InvestorLine RESP account if you have a BMO bank account. Here's how.
View Article