Best way to pay back BC/CANADA student loans
So I graduated last May and have started a full time job since. I have a steady income each month, but the amount is quite average for a new grad (I am grateful though, that my boss would give me a...
View ArticleFinance gurus, LOC advice needed
Long story short, I needed a LoC last year around this time from RBC my main bank. 10k unsecured. Never had one, never considered one. Was refused stating my debt is too high. Ok understood. Was told...
View ArticleAre there any consequences for holding large amounts of money for someone?
Let's say my parents have $80K. Can they transfer 80K to me for a few weeks. I hold onto it and then transfer it back to them a few weeks later? It will be sitting in an interest free account so no...
View ArticleTax on Interest Income to non-resident
Hi, My friends from overseas (non Canadian resident nor citizen) are impressed with the interest generated from high-interest account and mortgage investment. I read from CRA webpage about interest...
View ArticleRRSP is for people who know they will be poor when they retire
Why do people always assume you will be in a lower tax bracket when you retire? If you have $1million in assets (in today's money) when you retire, 4% dividends puts you at $40K a year. Add in old age...
View ArticleCredit card expiring? Do I renew or do they?
How does this all work, do I have to call in for a renewal or do they just send a new card with a new date ?
View ArticleWhat is your system for paying Bills and Deposits?
My deposits currently go to my PC Chequing account, and my bills are on my 2nd PC Chequing account and PC MasterCard. However - i am interested in what other systems are possible - what is the best...
View ArticleSafe investments for saving house down payment
I need to save about $120k in the next year or two with my wife for a down payment on the house we will raise a family in. I want safe short term investments that will garner an acceptable return...
View ArticleReal estate agents
A friend of mine is listing his condo for sale and was looking at options for the listing. Are there any agents on here or anyone know of any agents who are willing to take 1% on the listing fee? Thanks
View ArticlePaying with USD Paypal MC on US websites
Do you double dip on points? Say I have a zero balance on my Paypal account, but I buy a $100 shirt from a .com website, and back it with my Canadian VISA. Do I get points for the Canadian VISA PLUS...
View ArticleHousing Prices
Mark77, any chance you'll admit you're wrong about housing prices yet? There should be a time limit on how long your prediction of falling prices is valid for....
View ArticleShould I become an RE agent to sell my home
My wife and I may be looking to sell our home. I'm thinking of taking OREA course and become my own real estate broker so I can save on the 5% commission. I'm quite studious so accomplishing this task...
View ArticleVirtual Brokers vs IB
Interactive Brokers is tempting and all but with no market data and the auto liquidity thing, makes me think otherwise. Does VB offer market data or is this separate as well? When you sign up for VB do...
View ArticleWhat are the options for US$ investment?
I sold some US stocks a month ago. I have about US$20K available to invest for the next 6 months. The banks pay really low interest rates on US$. What are the options for low risk short term investments?
View ArticleCanadian moved back from US. Experienced accountant needed from Montreal
Hi all, A good friend of mine has been living in the USA for a couple of years and moved back to Canada early last year. She has not filled her taxes for 2013 yet and is looking for an accountant in...
View ArticleG&M: Does it make more financial sense to own a condo or rent an apartment?
Some good analysis and commentary in today's G&M re: renting vs. condo ownership http://www.theglobeandmail.com/globe...0515/?page=all
View ArticleScotia STEP mortgage - Moving to another bank
I have a Scotia STEP mortgage, which will come up for renewal in 6 months. My line of credit part of STEP will be clear by then, I won't necessarily need it in the future. I would like to consider...
View ArticleCan you negotiate better savings interest rates with TD?
Hello, Just wondering before I move my savings account from TD to somebody else... Are they willing to negotiate interest rate on the savings/tfsa accounts and how do I go about it? Any advice is...
View ArticleSelling my home privately, when should I invovle a lawyer?
I'm currently selling my condo privately and have a buyer lined up. Right now she is in the process of preparing an offer with a lawyer. Is it typical practice for the seller (aka me) to then take that...
View ArticleDeloitte's top 250 biggest retailers worldwide
http://www2.deloitte.com/content/dam...iling-2014.pdf Look at page 12 As far as Canadian retailers are concerned: 31-Alimentation Couche-Tard 32-Loblaws 53-Empire Company/Sobeys 83-Metro 92-SDM...
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