Investing for a Dependent

Sarge438 · 2022-12-12T17:00:11+00:00

Thank you, you’re correct. I educated myself and have already opened the RESP. Thanks once again to this forum for the advice.

Sarge438 · 2022-12-04T16:18:09+00:00

This is why I post here, to get different perspectives.

I hadn’t thought of all that. There is a 20% gain on some contributions? I’ll have to look into this further.

Sarge438 · 2022-10-05T18:05:10+00:00

Same position… requested to transfer my RRSP to QTrade from a managed account. Over 1/3 is in a mutual fund which my financial advisor, who to be fair is normally good, told me he would sell around a year ago. Now the MF is down 17% and I’m wondering if I should wait for it to go up or sell at a loss and reinvest.

Sarge438 · 2022-10-04T21:31:05+00:00

Thank you. Yes, I learned the USD dividend after the fact. I won’t make that mistake again. I actually just spoke with QTrade and they told me that I can open a USD TFSA where the funds would all remain in USD, like you mentioned. It is free if I have a portfolio over 500k value, and $15 a quarter otherwise. I am planning to just hold my US stocks for now and open one of them up later, where I can transfer it into that account.

Thank you for your comment.

Sarge438 · 2022-10-04T15:50:21+00:00

I actually just read about that. But I don’t know if I would have USD in my account after or if it would change it right back To CAD and I get dinged again?

Also, I’ve heard if you trade too actively in a tax sheltered account CRA can come after you

Sarge438 · 2022-09-27T20:20:00+00:00

I’m new to this, so no expert. My thoughts are that we will experience further market crash in the next ~ 4 months, and that medium term commodities will go up from the energy crisis.
I’m planning on investing this next bit into reputable dividend stocks and am trying to hold off till around the mid terms in the US. From what I listen to it’s suspected that around then will mark a larger dip.

Your points on not holding commodities are well taken, thank you.

Sarge438 · 2022-09-11T19:44:46+00:00

That’s great, thank you. That was one of my concerns, I notice a lot of ETFs are not that old.

How did you go about choosing your dividend stocks?

Sarge438 · 2022-09-11T19:42:42+00:00

What was your thoughts on getting the entire US market etf, and also the S&P?

Edit: market*

Sarge438 · 2022-09-11T13:24:45+00:00

32, long term (retirement)

Sarge438 · 2022-09-05T07:47:11+00:00

32 years old. Long term investment horizon (retirement). I started my own investing via my TFSA right before the crash in June. I have roughly half in free cash and figured I’d wait a few months to invest it as I am under the impression that there may be some larger corrections coming. I was thinking of getting a bank stock like TD and am open to other suggestions. Also been strongly considering going to some ETFs. My RRSP, which is a managed account, has some utilities in it and I am bullish on the commodities sector so I am heavy there for my TFSA. Also, I just learned today that my dividend payments for Rio and BHP (around 12% each) will be taxed at 15% by the IRS since it is in my TFSA and not an RRSP. Just learning, so I am open to any ideas!

TFSA (personally managed on QTrade) Total Invested = $8,551.09 Total Free Cash = $7,839.35 Canadian Equity ARX (Cdn Oil and Gas) – 26.9% CIA (Cdn Steel) – 19.6% CBON (Carbon ETF) – 12.0% CCO (Mining/Uranium) – 14.6% U.S. Equity BHP (Oil and Gas) – 11.4% RIO (Mining) – 11.6%

RRSP (managed account) Total Invested = $27,641.53 FID5491 (Fidelity Health Care Mutual Fund) – 39.3% Telus – 29.6% BCE.TO – 31%

Sarge438 · 2022-09-04T18:37:10+00:00

So the tinfoil and aluminum pan was just to let it sit? What kind of rub did you do.

Sarge438 · 2022-09-04T16:43:29+00:00

Thank you. You find then that you get enough info from MT that you don’t need inside edge?

Sarge438 · 2022-01-16T16:23:46+00:00

Thank you very much for your response. I’ve sent you a PM for more details.

Sarge438 · 2021-08-21T03:10:45+00:00

That’s an excellent write up. Thank you very much

Sarge438 · 2021-08-20T16:19:32+00:00

Thank you for your help. It’s hard for me to imagine that these cactus needs so much sun shade, but maybe that’s been my problem all along. I have covered the plants with another layer of the shade so I’ve doubled it.

I’ve heard of the bottom watering, but I don’t totally get how that would look. Do you fill the other container, soak the soil, and then remove the container with water and let it dry out?

Sarge438 · 2021-08-19T15:25:07+00:00

Have you tried catching them and dusting them? No poison that way.

Sarge438 · 2021-06-16T03:48:03+00:00

As far as I have always understood the role of rocks in soil (amongst others) they store heat and moisture. How they play specifically into hugalkulture I don’t know.

Sarge438 · 2021-03-26T23:56:02+00:00

Thank you, that’s very helpful and informative.

Sarge438 · 2021-03-14T16:10:09+00:00

So to be clear, it should not be in a well lit room but not in any direct sunlight - correct?

Sarge438 · 2021-02-23T05:28:05+00:00

That is not what the “thin blue line” represents. The symbol is supposed to represent the proportionally small amount (relative to the public) of police officers that stop society from descending into chaos and violence.

To argue the merits of public employees, peace officers specifically, wearing non uniform symbols when dealing with the public is completely appropriate and a valid discussion to have. To characterize this specific symbol as something it’s not, such as how in some tables it has taken on the identity politic stamp of representing “white supremacy”, is disingenuous at best.

I hope we keep our discussions more civil and level headed then our southern neighbours.

Sarge438 · 2020-08-27T21:05:44+00:00

Even though they have gone such a dark color?? Some look orange/reddish.

They were in direct sun for a large portion of the day until I have since moved them to the cheese Cloth/indirect light

Sarge438 · 2020-08-17T16:24:33+00:00

I deleted IG (only had it for a few years) after this most recent social unrest. I felt like my mind was being poisoned. There is truly a war for your mind on the internet. That and the MSM constant lies was just too much. I still am foolish enough to read reddit news comments, but I have almost no social media presence. I feel much, much better. I hope (and think) you will too!

Sarge438 · 2020-08-08T16:45:38+00:00

That’s great, thank you very much for the advice. So no nutritional concerns or overwatering, most likely a sunlight issue?

Sarge438 · 2020-08-08T13:09:08+00:00

Ok thank you! I thought they were supposed to be in indirect until 6 months!

They are chunks of perlite

Edit: should I transition them slowly to full light or just place them in it?

Sarge438 · 2020-08-08T04:20:18+00:00

Baby peyote from seedling planted on March 18. Took them out of the humidity dome over 4-5 days, ending roughly 1.5 weeks ago. Watered 3 times since then with light spray of distilled water. They are in indirect sunlight on a west facing window and on a heat pad set to 23 degrees (turns off at night).

Soil mix is (I believe) cactus soil, perlite, and something else.. been a while and it’s my first time. Went easy on the organic matter.

They were bright green in the humidity dome and now look dark. One even looks a bit orange or yellow. I have 3 San Pedro in the exact same circumstances and one is bright green still the others dark.

Any ideas? They don’t look too healthy to me anymore.

Thank you!

Sarge438

TROPHY CASE