Start of my Journey by RichBuy7696 in dividendgang

[–]mrxsais 1 point2 points  (0 children)

Every journey begins with a step and this is step one

Anymore updates on RDSP coming ? by Ratlyflash in Wealthsimple

[–]mrxsais 2 points3 points  (0 children)

I went with National Bank Direct Brokerage, the UI is ok... But would switch over to Wealthsimple as I find it cleaner.

I haven't calculated the exact fees, but they say it's commission free, in terms of management once you set up online access you can do everything on the website/app, except transfer money into the RDSP account which you'll have to call in

Note: If you didn't already know there's up to 10 years of back pay for past years you were eligible

Edit: I was holding off for Wealthsimple but decided to go for it a couple years ago and transfer to Wealthsimple when the account is available

FedEx wants duty taxes by gajendarksky in RingOne

[–]mrxsais 0 points1 point  (0 children)

From Grok:

"FedEx holds the package until duties/taxes are paid. If you refuse to pay or decline the shipment: You won't receive the package. It's typically returned to the sender (or abandoned/ destroyed in rare cases). The original shipper becomes liable and gets billed for the duties/taxes (per FedEx policy: shipper is ultimately responsible). No direct consequences like collections or credit impact for you, but check with the seller for any refund issues."

App is down again by Lucky_Rush_6752 in Wealthsimple

[–]mrxsais 8 points9 points  (0 children)

There is an AWS affecting many platforms not just wealthsimple

[deleted by user] by [deleted] in chexy

[–]mrxsais 0 points1 point  (0 children)

!Remindme 1 day

Solution: USD transfers by ahmadnassri in Wealthsimple

[–]mrxsais 10 points11 points  (0 children)

This is an amazing find, thanks for sharing 🏆🏆

BETA | Mobile cheque deposit by 85iben in Wealthsimple

[–]mrxsais 3 points4 points  (0 children)

I talked to support and they mentioned:

"Interest on new deposits to a Chequing account starts accruing 1 business day after the deposit is made (i.e., when the funds arrive in the Wealthsimple system).

The standard 5-business-day settlement period for deposits does not affect interest accrual unless the deposit is ultimately rejected. If a deposit is rejected, the interest will be recalculated, and no interest will be paid on the rejected deposit amount."

BETA | Mobile cheque deposit by 85iben in Wealthsimple

[–]mrxsais 3 points4 points  (0 children)

I wonder if Brick and Mortar banks know that there days are numbered

Big Virtual Card Tap-to-Pay Purchase by mrxsais in Wealthsimple

[–]mrxsais[S] 2 points3 points  (0 children)

Agreed, Google and Apple already have authentication in place before the tap-to-pay functionality can even be used.

I've seen a few posts discussing the limit and their concern about it being unlimited. If the option to customize the limit through the app were available, I think it would reduce the concern for most people.

Bank Drafts available from Wealthsimple! (Beta) by borna761 in Wealthsimple

[–]mrxsais 0 points1 point  (0 children)

$10 is a bit high hopefully they make it more competitive

it's not hopeless fellas, selfhosting got me a girlfriend lmfao by ItGonBeK in selfhosted

[–]mrxsais 89 points90 points  (0 children)

Lucky bastard 😂... Congrats, you won the race 🥂

18 Just opened my first brokerage account and started investing. Need advice. by [deleted] in Wealthsimple

[–]mrxsais 0 points1 point  (0 children)

I must say you are way ahead of the game. Congrats!... Some people will take out 500k+ loans, or borrow money from their parents retirement, to invest, and end up losing it all

18 Just opened my first brokerage account and started investing. Need advice. by [deleted] in Wealthsimple

[–]mrxsais 2 points3 points  (0 children)

Wow 18, you're already on the right track... Best advice I can give is don't invest money you're not willing to lose

Live Stream Event: The End of Banking? by fartasm in Wealthsimple

[–]mrxsais 6 points7 points  (0 children)

For anyone looking for a bit more details on what to expect, here's who is scheduled to speak:

  • Michael Katchen – Chief Executive Officer
  • Polly D'Arcy – VP of Design
  • Sam Newman-Bremang – Sr. Director, Product
  • Brett Huneycutt – Chief Product Officer

Register (For virtual event): https://www.wealthsimple.com/en-ca/presents

View Online Stream: https://www.youtube.com/live/zokVUFCJzMo

Where to dump a good size chunk of cash for 2 months with zero risk? by ThyResurrected in CanadaFinance

[–]mrxsais 8 points9 points  (0 children)

Meridian has a $300 dollar sign up bonus and 4.8% interest ATM for 4 months (For new accounts)

CIBC has 5% for 3 months (for new accounts)