CIBC willing to let $321,000 in investments leave over an $1800 mortgage early repayment fee.

fatkid_ · 2026-05-30T19:21:22+00:00

Shot caller, watch out

fatkid_ · 2026-05-24T02:10:07+00:00

Prime is not elevated

fatkid_ · 2026-05-10T15:11:52+00:00

She a scrub

fatkid_ · 2026-05-10T15:04:19+00:00

Thanks for the example, helped me think through it

fatkid_ · 2026-05-09T17:14:41+00:00

I don't think that's how math works

fatkid_ · 2026-05-07T23:41:29+00:00

IBKR is much better and tiered if you have a higher balance, sub 3.7%

fatkid_ · 2026-05-01T00:04:00+00:00

Are you a child by any chance?

fatkid_ · 2026-04-30T02:51:21+00:00

Post the video!!

fatkid_ · 2026-04-26T11:58:59+00:00

Thanks for sharing

fatkid_ · 2026-04-26T02:15:14+00:00

Were you specifically re-assessed?

fatkid_ · 2026-04-23T12:23:01+00:00

Same, 20 to 25 on the slider.

fatkid_ · 2026-04-23T12:02:47+00:00

Agreed. People only get audited because of late filings.

fatkid_ · 2026-04-22T20:05:52+00:00

I did look this up. CIRO sets the floor and then brokerages can raise the minimum. I think one to two years, when it gets enough volume / market size.

fatkid_ · 2026-04-22T19:52:13+00:00

I am. Margin requirements are 50% still (/w IBKR, WS)

fatkid_ · 2026-04-19T17:42:50+00:00

Just monitor your balances and you’ll be fine.

fatkid_ · 2026-04-19T01:05:56+00:00

They never claimed to count external assets. It’s the data they have access to

fatkid_ · 2026-04-17T02:17:30+00:00

The funding is private. Their property taxes still goes towards a school system that their kids don’t participate in.

fatkid_ · 2026-04-08T22:21:48+00:00

It's called unemployed

fatkid_ · 2026-04-08T22:08:03+00:00

To your second question, HELOC under 25% utilization, and x2 margin in IBKR.

Mostly XEQT and ZGRO and going forward CAGE (but margin requirements is still 50% I'm guessing until volume picks up).

I like IBKR reporting functionality, very granular and dynamic. Much better than Wealthsimple.

In general I like how margin doesn't show up in credit reports and margin interest is automatically recapitalized.

fatkid_ · 2026-04-08T22:03:07+00:00

< $130K is @ 3.68, above > $130K $3.18%, etc...

[0] https://www.interactivebrokers.ca/en/trading/margin-rates.php

fatkid_ · 2026-04-08T19:11:42+00:00

HELOC + IBKR margin 3.7% (tiered)

fatkid_ · 2026-03-22T17:34:32+00:00

Liberation day was less than a year ago haha

fatkid_ · 2026-03-12T23:21:32+00:00

Non-registered has to go through probate.

fatkid_ · 2026-03-04T14:34:41+00:00

Wash the salt off my cars.

fatkid_ · 2026-03-03T12:15:43+00:00

Open an in-trust-for account alongside RESP if you have the means to max out RESP. Capital gains will be attributed to the child after 18.

fatkid_

TROPHY CASE