{ "media_type": "text", "post_content": "How do you guys invest in US equities. Obviously wealthsimple trade is a scam.", "post_id": "6092f18a711613002097770d", "reply_count": 4, "vote_count": 0, "bowl_id": "608176757fc95a0021f130ce", "bowl_name": "Canadian Personal Investment Chat", "feed_type": "bowl" }

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How do you guys invest in US equities. Obviously wealthsimple trade is a scam.

a year

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Why is it a scam? Because it charges you 1.5% currency fee? You’d be surprised at how much the banks charge...

If you really want to avoid that, open an account at a bank in USD, and use norbert’s gambit to deposit USD directly and trade.

1 reactions

a year

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Well WS u have to pay both ways on every trade. You can't have US currency in WS.

a year

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I use a US based brokerage

a year

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Depends how much you want to trade. If you plan on buying some US stocks and holding for the next 40 years, getting dinged the WS exchange fee a few times isn't a big deal. If you plan on making lots of trades, then yes, you're better off using a different brokerage. I know quite a few people use Questrade, although I've never used it. I just use my TD Direct Investing because I can hold a USD cash balance between trades.

a year

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I am here only for money

Should I leave ?

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Is there any news about IBM opening office or wfo ?

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This is true ....

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Hi fishers,
I’m currently working in digital sales broking sector & I’m interested in product management, can anyone help me ?

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Behavioral patterns dictate where you will be in the future. Positive patterns help you reach that future faster. Negative patterns delay or redirect the future you want for yourself.

You are in control of breaking a negative pattern. When things aren't going your way, there are things you are doing that are contributing to it.

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If what you are doing is negative for your standards, break the pattern

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5 months

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What type of investments do people typically put their TFSA vs other vehicles?

a year

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Thoughts about what to put excess savings into? I've maxed out my RRSP and TFSA, emergency fund is good, no debt (or mortgage), and I have $15k that's not invested. Not sure if I should put it into one of the robo-advisor options or keep buying ETFs or mutual funds or what?

a year

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Best banks/sites/promos to get extra $? Any good experiences with getting new checking account for a bonus?

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a year

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My company has a DPSP program that feeds it directly into an RRSP account. I don't believe there's any RRSP contribution matching program on top of the DPSP (I know I should know, I'm being bad). Assuming there's no matching program, is there still a point in signing up for a X% contribution every paycheck?

3 months

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Is there an app where I can see all of my money? Connecting bank, wealthsimple trade, wealthsimple cash, anything else... ?

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a year

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Does anyone use wealthsimple trade? Are there monthly or quarterly reports I can download for my investments?

a year

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Anyone into crypto? What are the best apps for it?

a year

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If anyone wants to sign up for wealthsimple cash you get 25$ when you use my code $lizt

a year

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If I've maxed out my TFSA, should I continue investing through an RRSP or a personal investment account?

For context, I also have a good pension. My main concern is that while the RRSP will be nice to lower my taxable income now, I'm worried when I retire I'll have to withdraw too much from both the RRSP and pension. Thoughts?

8 months

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Dm me for wealthsimple cash, wealthsimple trade, or rakuten referral codes. Literally been on rakuten 2 weeks and made over 20$ for nothing. And while I’m here, any other good money makers?

a year

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Best etf to complement vfv?

a year

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Would love any input on my portfolio. Fairly new at investing and more into ETFs than individual stocks.

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a year

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Where to park emergency funds? Currently using BMO savings account with practically no interest. I also heard wealthsimple cash has better rates?

a year

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How do you guys invest in US equities. Obviously wealthsimple trade is a scam.

Why is it a scam? Because it charges you 1.5% currency fee? You’d be surprised at how much the banks charge...If you really want to avoid that, open an account at a bank in USD, and use norbert’s gambit to deposit USD directly and trade.

I use a US based brokerage

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Why is it a scam? Because it charges you 1.5% currency fee? You’d be surprised at how much the banks charge...

If you really want to avoid that, open an account at a bank in USD, and use norbert’s gambit to deposit USD directly and trade.