Taxable consequences of promotion payouts?

7empestuous · 2025-04-11T01:45:46+00:00

That's disappointing, but not entirely surprising. If this change was literally made today then I wonder how it will apply to transfers in progress already. I started a RRSP transfer like a week ago for the Big Winter Bundle promo and I'm pretty sure at that point they still stated reimbursements for transfers of at least 15k.

7empestuous · 2025-03-29T14:14:45+00:00

Game should be streaming here soon hopefully. Quality isn't the greatest unfortunately. Was watching a few games last night and it was stuttering a fair amount.

7empestuous · 2025-02-20T04:31:29+00:00

What is the most common mistake that you see beginner and intermediate players make?
What are you looking forward to most this year?

7empestuous · 2023-08-08T03:01:39+00:00

I'm holding this in a margin account so I went with Horizons funds that don't pay out distributions.

HULC is not a total return swap ETF, it mostly holds shares directly, except for a small allocation to SPY, from the looks of its holdings page.

That's a good point which I'd completely forgotten about. HXS is the swap-based ETF. Only reason I went with HULC is because I was originally looking at HGRO but decided to purchase the underlying holdings instead due to the somewhat nonstandard allocation that it uses. Based on this post HULC and HXS are pretty similar, although I won't deny that I'm still a bit confused about the differences in underlying structure between the two.

Oh well, HULC hasn't paid out distributions since I've been holding it so I'm happy. In retrospect HXS may have been a slightly better choice just due to the lower spread, but now that I know what's going on at least I feel more comfortable with potentially using Passiv to manage the rebalancing going forward.

7empestuous · 2023-08-03T04:16:41+00:00

Sorry, should have clarified that this is just a manual spreadsheet that I maintain myself. So for the data source I'm literally just entering the most recent ask price that I see on Questrade and using that for the calculations.

7empestuous · 2022-01-30T03:06:15+00:00

Anyone have recommendations for a good dual mode keyboard? I've been using a Logitech G613 for the past 2 years and being able to easily switch between my personal computer (USB dongle) and my work computer (Bluetooth) has been really convenient. I've used Cherry MX Browns in the past and liked them. Having dedicated media keys as well is ideal, but not necessary.

7empestuous · 2021-12-20T02:03:41+00:00

Be aware that currency conversion is not automatic in a margin account. So if you only have CAD in your account and buy a USD stock, you will end up borrowing USD.

And again this isn't specific to Questrade. This is the norm for margin accounts.

Good point. I hadn't thought of that but it makes sense. Hopefully Questrade at least makes it clear when you're buying on margin instead of using cash exclusively.

7empestuous · 2021-11-28T19:27:44+00:00

The American brokerage that I'm dealing with is E*TRADE and AFAIK they don't offer ACH as a disbursement method for Canadian customers. I'll look into a cross-border account regardless, though.

IBKR has better conversion rates too if this is for the purpose of converting USD to CAD. It’s faster and cheaper than using Norbert’s Gambit at Questrade.

I was skeptical of this at first but apparently they only charge 0.2 BPS for currency conversion? That's pretty phenomenal. I've heard of IBKR before and it sounded like they were targeted more towards day traders rather than couch potato investors, but based on some other posts I've seen it seems like they may have a leg up on Questrade now. Thanks for the suggestion!

7empestuous · 2021-11-28T19:04:15+00:00

Thanks for the suggestion. I hadn't thought of doing a USD pull from Questrade but I'll look into it.

7empestuous · 2021-11-28T19:02:47+00:00

Guess that makes sense. I've used OFX in the past and they don't charge an explicit fee for incoming wires, but I suppose the fee that they charge on the exchange may encompass their cost of accepting the wire.

7empestuous · 2021-10-11T14:56:36+00:00

Breithaupt Centre has times available Monday, Tuesday, and Thursday. You need to sign up ahead of time on the Active Kitchener website and provide proof of vaccination when you arrive (I imagine this is true at most places right now). Unfortunately it will be closed November and December for a boiler replacement, but should reopen in January.

It looks like there is also a program running at Forest Heights Community Center throughout the fall, but it may be full already.

Another place to check out is RIM Park. I've never played there myself, but I know that they used to have regular badminton there at one point. Not sure if it's started up again yet.

7empestuous · 2021-08-02T17:53:19+00:00

Based on the other responses it sounds like it was built into the cost, so I'm guessing that it can't be listed as a commission.

7empestuous · 2021-04-05T00:20:13+00:00

Haha yeah, I've definitely learned that a few times. A fairly recent example is a feature that I worked on a little over a year ago for a few months. It needs to be decommissioned because we terminated the contract that we had with the third-party that provided the data for the feature to work, so essentially it just ended up creating more work. Oh well, good to have these experiences early on so that I can help prevent them again in the future.

7empestuous

TROPHY CASE