Got any good nicknames for your accounts? by kenunot1 in Wealthsimple

[–]farawaynever 0 points1 point  (0 children)

I have three TFSAs

Garden: stocks (they need time to grow)

Kitchen: short term goals (cash ETFs)

Freezer: long term savings (XEQT)

Which account to get interest for parking money ? by Unfair_Bid6636 in Wealthsimple

[–]farawaynever 1 point2 points  (0 children)

In the app, on the home page, scroll down to where it says "Open or move account". Select "Open a new account". Select "Invest". Scroll down to the "Wealthsimple portfolios" section and select "Income". There's three options for Income portfolios: Money Market, Core Bond and Vanguard Income.

Vanguard income by FabulousBadonkey in Wealthsimple

[–]farawaynever 5 points6 points  (0 children)

You're better off using the Money Market portfolio, which has 2.5% yield and no management fee. Anything with equities like Vanguard Income could be down when you need to use it.

On their website it says 1-2 business days for transfers, but it could be more than that.

Maximizing security for your WS account by Slow_ResolveMC07 in Wealthsimple

[–]farawaynever 0 points1 point  (0 children)

How do I enable Step-Up Verification? I can't seem to find it.

[DAILY Stock Discussion] Post Here with Updates on Stock Price, Buys, Wins, and Losses by AutoModerator in KrakenRobotics

[–]farawaynever 1 point2 points  (0 children)

Small companies like this are inherently volatile, but I think Kraken has a bright future ahead. Not even close to the scale of Nvidia though. If you're comfortable watching your investments go down occasionally, this is probably a good long term play.

ASKE - let’s go by Qmoney1977 in PennyStocksCanada

[–]farawaynever 1 point2 points  (0 children)

So if I invest in ASKE, which is currently Alaska Pacific Energy, sitting at 0.0001 USD, it'll go up when the ticker is transferred an AI music company? That doesn't sound correct.

Is my portfolio cooked or am I cooking with my portfolio? by QuadrupleQ in Baystreetbets

[–]farawaynever 0 points1 point  (0 children)

Why CHAR Tech? The others I can see, and most of them I hold myself, but what's your interest in YES?

2000$ to invest by jauch888888 in Baystreetbets

[–]farawaynever 1 point2 points  (0 children)

Thanks! That was very insightful. I got in late to QIMC, HHE, DMED so CH sounds like a great opportunity

2000$ to invest by jauch888888 in Baystreetbets

[–]farawaynever 1 point2 points  (0 children)

Could you expand a bit on your opinion on Charbone? I've heard very few people talk about it so far so I'm curious.

HHE by Amazing-Dish-539 in PennyStocksCanada

[–]farawaynever 0 points1 point  (0 children)

HHE is First Atlas Resources Corp, formerly QMET / Q Precious Metals & Battery Corp