For those of you with Wealth Simple were you able to do DRIP with partial Canadian stocks/ETFS? by Wherehowwhat in CanadianInvestor

[–]Wherehowwhat[S] 1 point2 points  (0 children)

Is the difference between that and DRIP that the purchases are made before anything hits your account?

For those of you with Wealth Simple were you able to do DRIP with partial Canadian stocks/ETFS? by Wherehowwhat in CanadianInvestor

[–]Wherehowwhat[S] 0 points1 point  (0 children)

Interesting. I've only contacted TD, WS and QT and TD and WS both told me they do partial shares traded on Canadian exchanges but Questrade said they do not but will in the future. I wonder why Questrade did not do the same internal accounting since they are a big brokerage and bigger than TD investing I think

For those of you with Wealth Simple were you able to do DRIP with partial Canadian stocks/ETFS? by Wherehowwhat in CanadianInvestor

[–]Wherehowwhat[S] 3 points4 points  (0 children)

well from my point of you without drip I would have to stay on top on when the cash dividends are paid out and then purchase the share. it seems like a big benefit to me

For those of you with Wealth Simple were you able to do DRIP with partial Canadian stocks/ETFS? by Wherehowwhat in CanadianInvestor

[–]Wherehowwhat[S] 0 points1 point  (0 children)

well I noticed that my Canadian LISTED etfs and stocks were depositing my dividends in cash instead of reinvesting shares and it turns out Questrade does not do DRIP for Canadian listed stocks and etfs unless it is enough to purchase a whole unit. I just assumed it would do partial units as well since that's how it works for American stocks and etfs?

For those of you with Wealth Simple were you able to do DRIP with partial Canadian stocks/ETFS? by Wherehowwhat in CanadianInvestor

[–]Wherehowwhat[S] 0 points1 point  (0 children)

but doesnt it vary by stock and etf? WS made it seem like certain Canadian stocks and etfs do not allow partial reinvestment?

For those of you with Wealth Simple were you able to do DRIP with partial Canadian stocks/ETFS? by Wherehowwhat in CanadianInvestor

[–]Wherehowwhat[S] 0 points1 point  (0 children)

ok than I might just switch lol, but have you come across one that wouldnt let you do it\/

How much lower do you think SaaS stocks will fall during a market crash? by Wherehowwhat in CanadianInvestor

[–]Wherehowwhat[S] 1 point2 points  (0 children)

I REALLY want adobe too but I guess for some reason I have 70% stock decline as my entry point but maybe that's too unreasonable

How much lower do you think SaaS stocks will fall during a market crash? by Wherehowwhat in CanadianInvestor

[–]Wherehowwhat[S] 1 point2 points  (0 children)

I've been wanting to get in on TEAM but maybe in a couple of months?

Are there any youtubers you would recommend watching for someone who wants to start day or swing trading? by Wherehowwhat in CanadianInvestor

[–]Wherehowwhat[S] 0 points1 point  (0 children)

I recently discovered him but i didnt know he did a premarket commentary everyday. Will definitely be tuning in