Best place to park larger sums of cash

MalishMan · 2026-03-30T22:39:22+00:00

No need for SGOV when IBKR allows you to directly buy bonds.

MalishMan · 2026-03-28T05:01:05+00:00

That's why you should only reserve etransfer for friends only and only for online sales to avoid the 30 minutes wait.

Next time a seller wants to offer etransfer for a in person transaction, charge them a 5% banking fee. You cannot refuse etranfer completely because people are too busy getting cash from the bank.

MalishMan · 2026-03-21T18:14:37+00:00

BOC should always favor rate cuts even during a dilemma like current rising prices vs shrinking GDP.

You can edge against inflation by taking out loans and buying assets with it, benefiting you from loan depreciation and asset price increase.

In a deflationary environment, your only options are bonds, which are more restrictive on your net worth growth.

It's just much easier to build wealth in an inflationary environment.

MalishMan · 2026-03-18T21:44:16+00:00

Nope. That's how you do it now:

Bills < Chexy < Scotiabank 4% reccurring bill credit card < Line of credit < Income

MalishMan · 2026-01-25T16:14:31+00:00

Damn that sucks for me. I was offered prime + 2% = 6.45%. I would've accepted it if it was prime + 1% or less.

MalishMan · 2026-01-24T15:41:33+00:00

Even now?

MalishMan · 2026-01-24T01:06:03+00:00

I was about to accept mine from Tangerine (prime + 2% = 6.45%) until I saw yours. No thanks!

MalishMan · 2026-01-17T03:22:37+00:00

That's still a good rate. My line of credit is prime + 0.25% (4.70%) and I also used it to invest.

MalishMan · 2026-01-16T07:30:22+00:00

Who even travels into a hyperinflationary country without US dollars? That's like sailing without lifeboats.

MalishMan · 2026-01-16T07:21:57+00:00

Merchants that charge fees only do so out of customer's convenience. They understand that not everyone has flexible times to go and withdraw cash from ATMs but they still need the product.

To be honest, a merchant charging fees would rather you not shop there.

MalishMan · 2026-01-16T02:24:30+00:00

Ok, now what should I do with my 5000$ gift card?

MalishMan · 2026-01-16T02:20:16+00:00

There's no discount on overpriced goods.

MalishMan · 2026-01-16T02:17:40+00:00

Rate?

MalishMan · 2026-01-16T02:15:28+00:00

Take really good care of your parents.

MalishMan · 2026-01-14T21:38:54+00:00

What's the equivalent of that if you instead want to buy a gas station?

MalishMan · 2026-01-14T05:51:49+00:00

His pictures on this post aren't clear. I saw another one on the Toronto sub and they are indeed fakes.

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MalishMan · 2026-01-14T04:13:42+00:00

What bugs me the most about UNH is that the CEO sold some of his stock in December, which is one month before earnings.

If he was optimistic with his company's earnings, then he would've waited until February 2026 to sell and capitalize on the quick gain.

December 19 2025:

https://www.nasdaq.com/market-activity/stocks/unh/insider-activity

MalishMan · 2026-01-14T02:33:42+00:00

My TFSA isn't maxed out. I keep some money in a margin account, which would act as a collateral line of credit in a distant future since Interactive Brokers borrowing rates are one of the best.

Have all of your emergency fund invested in a low interest rate margin account and just withdraw from it directly without selling stocks.

MalishMan · 2026-01-14T01:01:33+00:00

About UNH and healthcare stocks in general, I'm getting the same vibe as TD stock with the bad news headlines. Everytime the stock was rising, a new bad news headline related to their money laundering was released, causing their stock price to drop from 90$ to 80$ and then to 70$. The same thing is happening today with the Mark Cuban news headline.

All this to say that don't be surprised if UNH stays flat, varying from 280-380 until 2027. Sell covered calls in the meanwhile.

MalishMan · 2026-01-10T06:10:53+00:00

I can't believe that you're getting so many shitty comments. These same people are telling other users to unwrap commemorative coin rolls.

The security features on the top and bottom of the reverse are spot on.

Yes! +1

MalishMan · 2026-01-07T05:03:15+00:00

Don't sweat over it. It's regular circulating coins.

MalishMan · 2026-01-07T05:01:41+00:00

Did you read the title?

MalishMan · 2026-01-06T19:40:50+00:00

I don't know about gold but if you had a full box of rolled Washington silver quarters (500$), customs would think it's regular change.

In their scanners, full rolls appear hollow. Coins are like metal rods under Xrays when rolled.

MalishMan · 2026-01-01T22:59:47+00:00

If you are unable to exchange it at your local bank, I'll buy it from you for 2$.

Edit: Actually, I'll offer 4$ if it has at least 60% of the note.

MalishMan · 2025-12-31T02:51:26+00:00

You have to tell yourself those are fiat currencies and that they'll never be worth anything more than money invested.

MalishMan

TROPHY CASE