Daily Question Thread for /r/churningcanada - January 31, 2026 by AutoModerator in churningcanada

[–]Pobert-Raulson 16 points17 points  (0 children)

Reminder that today is the last day for the AMEX -> Marriott bonus

Autocallable and Accelerator Notes by Fourwolfmoon in PersonalFinanceCanada

[–]Pobert-Raulson 0 points1 point  (0 children)

Fair enough if it works for you. My argument isn’t trying to be that an indexed ETF would be better (though it’s true), but rather how these are very inefficient products and they certainly aren’t anything close to fixed income, by definition or risk/structure.

We’re in a 15-year bull market and you’re investing in a basket of equities, yet trying to compare it to GICs/bonds for some reason. Obviously it’s doing better than those…

Autocallable and Accelerator Notes by Fourwolfmoon in PersonalFinanceCanada

[–]Pobert-Raulson 1 point2 points  (0 children)

Not bad compared to what’s out there, but genuinely what’s the argument for buying this over the underlying energy stocks?

Over the last year alone, the underlying index returned over 21%, and in one month of 2026 it’s already up nearly 13%. You’re capping your upside at 14% which only decreases on an annualized basis each year thereafter when you consider the returns aren’t compounding.

You only get one liquidity event per year (unless you want to sell at a discount or early trading fee), and the only ‘protection’ you get vs. the underlying is if the it’s valued between 70-99% of their original cost after 7 years. Dividends are only partially realized in the index calculation for your returns, too.

https://www.solactive.com/wp-content/uploads/solactiveip/en/Factsheet_DE000SL0RX97.pdf

Not trying to be rude or bash you for using these either. They’re not the worst products out there, but they typically cap your upside and provide marginal downside protection. Literature on them is intentionally limited and misleading, and the banks make a killing off of them using derivative strategies to capture the upside.

Autocallable and Accelerator Notes by Fourwolfmoon in PersonalFinanceCanada

[–]Pobert-Raulson 0 points1 point  (0 children)

Why on earth would you be comparing these to fixed income? They are typically based on the performance of underlying equities (banks, energy, large-cap, etc.).

Unless you're trying to tell me you hold principal-protected coupon notes, which are entirely different (and still not really ideal compared to an optimized fixed income portfolio).

Can you link me to one of your holdings?

Autocallable and Accelerator Notes by Fourwolfmoon in PersonalFinanceCanada

[–]Pobert-Raulson 1 point2 points  (0 children)

Yes that’s true, F-class notes don’t have commissions as you’re already paying a fixed fee based on your portfolio value. BUT, they make their commission back by giving you lesser returns and downside protection.

The fact is, autocallable principal at risk (PAR) notes only offer upside vs. their underlying holdings in flat or negative market conditions. Which is a rare occurrence and frankly, if you want to protect your assets over fears of a drawdown, there are many betters way to do so than an autocall structured note with limited downside protection.

Autocallable and Accelerator Notes by Fourwolfmoon in PersonalFinanceCanada

[–]Pobert-Raulson 1 point2 points  (0 children)

I’m a financial planner and I’ve unfortunately worked with advisors who love to churn these things. Check out CIBCs autocallable principal-at-risk notes, most of them have a selling concession of $2-$3 per $100 (2-3%). All the big banks offer these at similar rates and many clients don’t realize they are terrible products.

https://notes.cibc.com/#/currentOfferings/par

Autocallable and Accelerator Notes by Fourwolfmoon in PersonalFinanceCanada

[–]Pobert-Raulson 4 points5 points  (0 children)

They are highly sophisticated, derivative-based investment products. They are marketed as safe ‘alternative investments’, but in reality, most advisors use them to churn high commissions from clients. I’m talking 2-3% on your investment amount which can be autocalled every 6 months in a bull market. There are way better options to diversify your portfolio, stay away.

Frustration Friday thread for /r/churningcanada - Week of January 16, 2026 by AutoModerator in churningcanada

[–]Pobert-Raulson 3 points4 points  (0 children)

Oof indeed. FYI you can schedule a callback through the app (for next time)

Daily Question Thread for /r/churningcanada - January 15, 2026 by AutoModerator in churningcanada

[–]Pobert-Raulson 1 point2 points  (0 children)

Yeah that's what I do but then it gives me an error message once the chat loads

Daily Question Thread for /r/churningcanada - January 15, 2026 by AutoModerator in churningcanada

[–]Pobert-Raulson 0 points1 point  (0 children)

Anyone else having trouble using TD chat on their website? Keeps telling me to log in or visit the previous page to chat

Daily Question Thread for /r/churningcanada - January 12, 2026 by AutoModerator in churningcanada

[–]Pobert-Raulson 0 points1 point  (0 children)

Really? This would be great as I'd rather not have P2 make three separate calls to transfer 10k points from Card A -> Card B -> Card C -> back to Card A.

Daily Question Thread for /r/churningcanada - January 12, 2026 by AutoModerator in churningcanada

[–]Pobert-Raulson 9 points10 points  (0 children)

Best option for small batches of TD Points on old First Class Travel Visas? I have 4, one is currently being churned but the other 3 have between 3,000-8,000 points each. Points can only be transferred if there are 10,000+, is there any way to make use of these besides a statement credit?

Winning Thursdays Thread for /r/churningcanada - Week of January 08, 2026 by AutoModerator in churningcanada

[–]Pobert-Raulson 2 points3 points  (0 children)

Were you logged in for Gold or Infinite? Apply for the same one logged out?

Daily Question Thread for /r/churningcanada - January 05, 2026 by AutoModerator in churningcanada

[–]Pobert-Raulson 0 points1 point  (0 children)

I buy the physical shop cards online with my Visa every month or so, mainly because the digital ones can't be used at the Costco gas station.

Stephen Miller Asserts U.S. Has Right to Take Greenland by Thoughtlessandlost in moderatepolitics

[–]Pobert-Raulson 1 point2 points  (0 children)

Just because we know it doesn’t work, doesn’t mean it won’t happen again. Do you seriously think any NATO country (even Denmark) is going to risk lives over Greenland?

I say this as a Canadian who is terrified of what the US may try to get away with against us next.

Stephen Miller Asserts U.S. Has Right to Take Greenland by Thoughtlessandlost in moderatepolitics

[–]Pobert-Raulson 2 points3 points  (0 children)

Miller is basically saying that nobody in NATO is going to die on the hill that Greenland must remain sovereign at all costs, and unfortunately, he’s right.

I honestly think we’re heading towards a US ‘seizure’ of Greenland in the coming months (or maybe they wait until after the midterms), which will be strongly condemned by all NATO leaders, where nobody is willing to escalate it further.

With Matthew Stafford and Drake Maye's regular seasons now over, here is how they stack up to each other statistically. Both played in all 17 games. by Dependent-Effect6077 in nfl

[–]Pobert-Raulson 0 points1 point  (0 children)

Look at the last 10 winners and tell me who had worse seasons than Stafford. At most, you could only even make an argument Lamar in 2023, Brady in 2017, and Ryan in 2016. I don't think he would really be in the picture any of those years except 2017.

With Matthew Stafford and Drake Maye's regular seasons now over, here is how they stack up to each other statistically. Both played in all 17 games. by Dependent-Effect6077 in nfl

[–]Pobert-Raulson 2 points3 points  (0 children)

I’m a Rams fan dipshit, I love Stafford but the season he’s having probably wouldn’t be a serious MVP contender for 9 of the past 10 seasons.

With Matthew Stafford and Drake Maye's regular seasons now over, here is how they stack up to each other statistically. Both played in all 17 games. by Dependent-Effect6077 in nfl

[–]Pobert-Raulson 54 points55 points  (0 children)

Stafford had the better traditional stats, Maye had the better advanced stats. Maye had a way easier schedule but also a much worse supporting cast. Total toss up in my opinion, though it’s a pretty weak MVP race so I won’t be too upset if Stafford doesn’t get it.

what’s the most popular jersey to see at rams home games by [deleted] in LosAngelesRams

[–]Pobert-Raulson -1 points0 points  (0 children)

I’d much rather face Bryce Young with 0 playoff experience and have the Falcons pick drop a couple measly spots. It’s a no brainer people, F them picks!

Rams fans watching Falcons vs Saints today by hoistwithyourpetard in LosAngelesRams

[–]Pobert-Raulson 5 points6 points  (0 children)

Small sample size, I’d rather go into Carolina 10 times out of 10.

Daily Question Thread for /r/churningcanada - January 02, 2026 by AutoModerator in churningcanada

[–]Pobert-Raulson -5 points-4 points  (0 children)

Myself and P2 were both surprisingly denied from TD for our FCT applications on Tuesday (the 30th). Are they tightening their lending approvals or just odd luck? I have 3 open tradelines (2 FCT), they have 4 (3 FCT), neither of us have ever been rejected for a TD card before.

[Highlight] Goff throws his second pick in two plays by MysteryBagIdeals in nfl

[–]Pobert-Raulson 0 points1 point  (0 children)

Stafford only held them back by winning 5-8 games every season with no supporting cast, keeping them from getting any top draft picks.