What to do with 150K LIRA?
I've recently left a job where I was contributing to a pension plan. As part of my cash-out I'm getting approx $150K that needs to be put into a LIRA. I'm a total financial newbie, but good with...
View ArticleCurrency - best methods for exchanging and holding
I want to exchange $75,000 Canadian into U.S. and hold it in my U.S. bank account (for the time being). Is my best option to just get the bank counter to make the exchange on paper from account to...
View ArticleHow much will interest rates rise?
when interest rates rise how much do you suppose they will rise? Also, do prime rates always follow The Key Interest Rate +2% or is there another way to figure prime rates? Thanks!
View ArticleQuestion on Mortgage Discharge and Registration
If a mortgage is getting paid off (balance to zero) before the term ends, what needs to be done? First National is asking for $150 to discharge the mortgage and says that we would then have to get a...
View ArticleRBC Points Transfer to British Airways 50% promo or 25% to AA back on!
Back on again. Probably the most predictable bonus available for Canadian credit cards. Continues to be great value, as booking BA short-haul awards is as little as 4500 points one way. BA: Nov 1, 2012...
View ArticleAny virtual brokers user, please help
I just switched to VB. I have several questions for you guys. I am using the WEBTRADER V3.7 First of all, do you happen to know what is the "price" under my "position". I am positive it's not the...
View ArticleLost Credit Card Replacement - Received the same card in the mail?
I find it very suspicious that twice, once with MBNA and the other time with Scotiabank, I've requested a replacement card and an identical card arrives in the mail. Neither times did I actually lose...
View ArticleCan you convert generic Best Buy card?
Hey y'all! I have that generic blue Best Buy card (not even reward zone) which gives you the "no pay for 6 months" option. I'm looking to get rid of this card, but before I do that, was wondering if...
View ArticleBank/account for european travel.
Im going to be in Europe for several months (possibly for that duration). Im not interested in opening an account over in Europe. Most of my time will be in the Scandinavian countries. I have read alot...
View ArticleBMO - NEW Air miles bank account offer 1500 Miles
http://www.bmo.com/offers/personal/1...bmo.com/1500am Sign up for the new BMO AIR MILES Plan and get 1,500 reward miles when you open an account1 and a) set up a Pre-Authorized Credit (Direct Deposit)...
View ArticleTFSA withdrawal/contribution question
Let's say I contributed $5,000 into my TFSA in 2012 and it currently sits at $4,000 and I need to withdraw the money in 2012. Will I have a) $4,000 + $5,000 = $9,000 to contribute in 2013 or b) $5,000...
View ArticleTax on Tuition Reimbursement??
My company has a tuition reimbursement cap of $1,000 annually. I recently submitted a tuition reimbursement request for CMA fees which was approved for the full $1,000. The program is fully job-related...
View ArticleQuickest way to pay off car loan?
Obvious answer: throw more cash at it. That option aside... Situation: I just got married last month, I'm 28, wife 2 years younger. We bought a house about 3.5 years ago; aside from the mortgage, the...
View Articlecredit card payment optional this month why??
for both my cards on my estatement the payment is $0 " To help you meet unexpected financial demands we have made this month's payment optional. If you skip this month's payment, interest will...
View ArticleNeed advice on best combo: Savings, Chequings, and Credit Card
Hi. I've been reading through threads about each of these separately but I'm a little lost in all the information out there. Currently I have a TD Value Plus Chequings account I pay 10.95/month for, as...
View ArticleQuestion: Credit Score and Opening many credit cards
ok so everyone knows that if you open too many credit cards it will impact your credit score negatively. But that is only temporarily correct? Lets say I have a credit rating of 750. Let's say I open...
View ArticleBest exchange rate to transfer money to India
I am looking to send some Cad to India in one transaction. Western Union and Moneygram has limits on the amount we send in 1 day, approx 2-3K. Wire transfer from bank is costly and the exchange rate is...
View Articlehome and car insurance, how to get the better deal?
Currently I'm with statefarm and I'm wondering if anyone has a way of asking them to give us a better deal for the both the car and home insurance, or if its best to just switch to another provider?...
View ArticleCanadian dollar down Vs US
Hi Folks I am moving and needed to transfer about 90K CAD to USD. CAD seems quite low as compared to last few days back. Is there a possibility that it will bounce back in coming days? or what could be...
View ArticlePurchasing a new home question
We have purchased our first home and it will be closing around May 1, 2013. The question we have is that we have approximately $80,000 split between us and split further into TFSA and RRSP accounts at...
View Article