[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 115 KB, 1400x700, external-content.duckduckgo.jpg [View same] [iqdb] [saucenao] [google]
18713563 No.18713563 [Reply] [Original]

Trailer Park Boys Edition!

I made a similar thread prior to this because not all Canadian investors have 100% American market exposure and require some domestic focus. The previous thread that I made appeared to be popular for us Canabros, so I hope this one will be as well - maybe we will even get this thing semi-regularly. I modeled the /CIG/ off of /smg/ - but, I wanted to avoid that acronym so we aren't accidentally linked together as happened last time. If anyone wants to provide critiques regarding name or format please mention below. Otherwise, good luck!

Brokers:
>interactivebrokers.ca
>wealthsimple.com
>questrade.com

Bank Brokers:
>investorsedge.cibc.com
>rbcdirectinvesting.com
>bmo.com/investorline
>scotiaitrade.com
>td.com/ca/en/investing/direct-investing

Stock Market Words:
>pastebin.com/VtnpN5iJ

Risk Management:
>pastebin.com/sqJUcbjp

Educational Sites:
>investopedia.com
>khanacademy.org/economics-finance-domain
>canadiancouchpotato.com/
>fool.ca

Free Chart:
>tradingview.com

Screeners:
>tradingview.com/screener
>etfdb.com

Pre-Market Data and Live data:
>theglobeandmail.com/investing/markets
>finance.yahoo.com
>investing.com/indices/indices-futures

Investing 101:
>bogleheads.org/wiki/Getting_started

Dividends:
>dividendearner.com
>tsx.exdividend.ca
>dividendchannel.com/drip-returns-calculator

List of Hedge Fund Holdings:
>fintel.io/

Day-Trading Within a TFSA vs. RRSP
>investmentexecutive.com/inside-track_/jamie-golombek/day-trading-in-a-tfsa-or-rrsp

Miscellaneous:
>squeezemetrics.com/monitor

Previous: >>18437562

>> No.18713588
File: 38 KB, 714x699, 1587410294609.jpg [View same] [iqdb] [saucenao] [google]
18713588

>>18713563
Leafs are not welcome on this board

>> No.18713715
File: 3.98 MB, 295x262, 1559971673956.gif [View same] [iqdb] [saucenao] [google]
18713715

>real estate

DEAD

>oil

DEAD

>tourism

DEAD


ITS OVER

>> No.18714115

Ive invested a substantial amount in gold miners and im doing well. Check out LUN mining. Nice dividend and hasnt suffered through all this. Also check out svm.to for silver.

>> No.18714258

>>18713715
I'm bearish and sitting on cash - I want to buy up some cheap divvies in 6-12 months.

>>18714115
Thanks, anon.

>> No.18714287
File: 44 KB, 800x294, Fairfax.jpg [View same] [iqdb] [saucenao] [google]
18714287

I feel really good about FFH - they do primarily reinsurance and had great post-2008 results. Fundamentals are decent and little debt compared to other financials.

>> No.18714390

>>18713563
yikes

>> No.18715289

US MLPs and REITs are complete traps due to the tax situation, holy shit! It looks like dividend-yielding US non-MLPs non-REITs are the only way to get real dividend income going as a cucknadian. And it's even worse in registered accounts.
>40% tax withholding, not reclaimable
Gee, fucking thanks.

>> No.18716047

>>18713715
I put all my money in USD, it's been offsetting my trading fees so far. I fully expect the CAD to reach 0.5 USD by next year at this rate. The provinces are in complete panic mode already and with their absolutely marvelous handling of the situation, they're going to cause a monster second wave (we're not even peaking yet either despite the virtually nonexistent testing). Plus, 85% of products we have are imported, largely from the US, and US is having supply chain issues in many places. I expect this will further fuck everything up.

>> No.18716896

>>18713588
Based

>> No.18717400
File: 1.61 MB, 4032x3024, 2ADC51AD-2FBC-4A0C-A21C-05997600FD6F.jpg [View same] [iqdb] [saucenao] [google]
18717400

>> No.18717611

>>18717400
>every person visible in this pic is chinese

>> No.18717675
File: 322 KB, 582x530, 1586796026551.png [View same] [iqdb] [saucenao] [google]
18717675

>buy IRV off tsx
>rejects for 3 weeks 5 cents above my buy price
>Buy husky thinking it's the bottom
>Oil futures expire
>Sell it all
> -120 dollars
>the values have only gone down
i fucking hate trade commission LET ME TRADE FOR FREEEEE

>> No.18717732

>>18717400
>>18717611
It makes me so mad bros. Also checked.

>> No.18717786

>>18717400
fucking sick
>>18717611
hilarious. chinks are chinese largest export. BC/Toronto, and every major city in US.

>> No.18717878

>>18717675
I was thinking of going in on husky due to them being so low right now but still most likely to survive. Also check out chorus aviation, super low right now.

>> No.18718007

>>18717878
Chorus was supposed to have a deal with AC that was canceled since AC is in hot waters now as I recall. I don't see them surviving at all (unless you have some new data you'd like to share with the class).
>>18717675
What broker are you using?

>> No.18718301

>>18713563
Buy cve eh

>> No.18719000

>>18715289
i thought it was 15% and only non-reclaimable in TFSA

>> No.18719077

>>18719000
15% and TFSA-only is for regular dividends. REITs are counted not as ROC, not as dividend, but as business income. MLPs are even worse. You can't reclaim that credit in any registered account and there's a 40% withholding (but you can reclaim it in a non-registered account). This is only for US securities, canadian securities don't operate with these rules.

>> No.18719172

>>18713715
>>real estate
>DEAD

Where is it dead exactly? I have 50k sitting around to pounce on a home <me and literally everyone else waiting to buy>. Can you tell me where housing has dropped back down to sane levels because I don't see it, only the RATE OF INCREASE and slowed down (lmao).

I'd love to move out of my dump apartment with busted heat, water damage and mold everywhere... and the slumlord who made sure to call the second this coronavirus shit hit to make sure and clarify I could still pay rent (fucker was probably salivating at the thought I couldn't so he could jack up rent another few $100 and shove this dump onto the next summer)

Housing in this country will never be affordable again. Its an investment for the upper classes and protected by the government and their thugs.

Also:
Any safe places to dump my liquid CAD while the world burns?

>> No.18719302

>>18718007
((((TD Canada)))
10 dollar fee

>> No.18719304

>>18719172
>only the RATE OF INCREASE and slowed down (lmao).
This, the prices remain identical. The "experts" predict no more than 5% dip in price despite the insane fall of demand. I think it makes sense, consider 2008. Consider how corrupt the entire real estate sector is.
Welcome to cucknada. No wage, no job, no housing, the food costs a fortune, and for the privilege you get taxed to death so that these wonderful things can keep being a problem forever.

>> No.18719332

>>18719077
thanks I understand now and I was going to buy in my margin account so I would get a tax credit.
>>18717878
I was also looking into Husky as they have a solid dividend yield at the moment but I see that back during the oil rout in 2016 they cut their dividend... the current oil rout is much much worse so I'm expecting the same. Going to wait until their earnings in two days for more info.
>>18719302
TD Ameritrade (USA)
Free trading for stocks and you can trade futures, forex, bonds, etc.
Canadians are born to get cucked

>> No.18719348

Threw everything I had into VEQT. How'd I do, lads?

>> No.18719379

>>18719302
Anon what's wrong with you
WST lets you trade canadian stocks commission-free (but the app sucks balls and it charges >3% for US stocks)
Interactive Brokers cost $0.01 per share, minimum fee $1 and maximum 0.5% of trade value. Options are free to exercise, and cost $1.25 per contract to trade (minimum $1.5). Their platforms are hilariously antiquated (1990's pajeet-coded crapware) but at least it works and it's full featured. They also do norbert's gambit for basically free among other cool features. However, they charge $10 per month on accounts less than $100k USD (but it's credited against commission, so if you do 10 trades a month it's free).
Questrade has a great platform, same share rate as interactive brokers but min $5 max $10 per trade. $1 per contract for options, but $25 for exercise. Free buying for ETFs (but not free selling).
Choose one of these, I recommend both wst and ibrk so you can trade canadian stocks on wst and us stocks (majority of your trading desu senpai) on ibrk.

>> No.18719393

My Canadian stock buys right now:
Cineplex CGX
Alimentation Couche Tard ATD.B
Dollarama DOL
Laurentian Bank LB (because they're the one nice bank with no exposure to the cuck wasteland of Alberta)
Canadian Tire CTC.A

Should be able to get an easy 2x on all of these except ATD.B and DOL

>> No.18719439

>>18719379
I thought minimum to avoid fees on IB was $10k? I just cashed out enough RSUs to have a bit above $10k USD and was going to open up an account... but I'm a lazy shit so I'd go questrade if IB has a monthly fee.

>> No.18719456

>>18719393
>Cineplex CGX
Explain

>> No.18719462

>>18719393
I don't know about CGX but I like the others. However I think it's too early for banks (they have lots of RE exposure, and while prices aren't going down for now, it's not clear how long they can keep this up).

>>18719439
$10k USD is for inactivity fees (if you don't login within 3 months you pay $25USD as I recall), which is a different fee altogether. The $10/month is "maintenance".

>> No.18720743

>>18719462
Actually 3 months no trading I think. Meh.
Bump.