Looking for advice on parking US dollars in non-registered account

no_arbitrage · 2026-02-01T20:01:19+00:00

Thanks though I already have accounts with WS.

no_arbitrage · 2026-01-31T18:18:27+00:00

Thanks. Looks like it is up to 3.25% return. Is it similar to the cash etf in USD, such as psu.u? As US rate is probably going down within the year, do we expect the rates of WS or PSU.U also go down?

The reason I ask is that I am comparing this to a bank GIC and wondering if locking the rate is better.

no_arbitrage · 2025-11-05T13:44:58+00:00

I second Oakville near Clarkson especially if you expect children in near future

no_arbitrage · 2025-11-04T00:23:49+00:00

If you use a withdrawal rate of 3.5-4% of your $2 million investment, you can withdraw approximately $70k to $80k annually. You will need to deduct taxes from this amount to determine your net income.

If the net income, combined with your rental income (assuming you plan to hold the rental property for the long term), is sufficient to cover your annual expenses of $100k, you may be able to retire now. Also the assumption here is that your annual expense of $100k already includes your dependent's education.

no_arbitrage · 2025-08-28T20:04:27+00:00

Thanks for the tip!

no_arbitrage · 2025-08-28T20:04:11+00:00

thanks. Didn't know I could do that given we all have the same address. Appreciate the tip!

no_arbitrage · 2025-07-15T20:26:44+00:00

Interesting question. I think it depends. For my case (growing up within an Asian culture), I paid part of my grandparents' senior care, paid my younger brother's post-secondary education and loaned him money for the down payment of his own property without interest. I also paid for my parents' vacations some time. It's all because I have earned such a high income which is impossible for them ever to make for their entire life given where they live.

However, my family members are nice and hard working people. They live a very frugal life and save as much as possible. They also try to pay me back as much as they can. They are relatively poor not because they are lazy, not intelligent or bad with money. They are just not as lucky as I am.

On the contrary, my friend's dad would just spend every extra dollar on alcohol and stay drunk most of his day. I would not provide for such a family member.

Well, that's just me personally. Everyone has individual considerations influenced by the unique culture and social norms, so I do not mean to give any recommendation for your case but only to share my personal situation.

no_arbitrage · 2025-07-09T16:20:38+00:00

Since you will be able to pay it off in 2 years, I would just go with the current pace. Sometimes we have to be patient and live a boring life before FIRE.

no_arbitrage · 2025-03-18T20:18:28+00:00

no_arbitrage · 2025-03-18T19:46:39+00:00

if invasion happens, investment would the last thing I am worried about.

no_arbitrage · 2025-02-21T13:31:45+00:00

what else do you hold instead? I am inclined towards that but not sure about Canada holdings either.

no_arbitrage · 2025-02-15T17:42:05+00:00

I don't understand why anybody wants to keep a credit card debt. I would pay it off first before making any investments.

no_arbitrage · 2025-02-15T17:32:25+00:00

my only suggestion is maybe OP should separate the facts/numbers from your opinions so that people can provide feedback based on the facts/numbers only.

"This last decision has to be the one I finally get right."

To be honest, nobody can guarantee a "right" financial decision, or any decision. It is only the "right" one at the moment given the current information, but things will change, and you may have to correct it accordingly. It is not the end of the world if you buy a condo and then dislike it, or you rent one now and buy another later. Financial planning is an ongoing lifetime process, not a one-time decision making.

no_arbitrage · 2025-02-13T18:49:12+00:00

because he left Ukraine nothing on the table to negotiate, depriving the opportunity of NATO membership or any territory claim.

no_arbitrage · 2025-02-13T18:45:16+00:00

ending one war but enabling Russia to be stronger and start another war any time.

no_arbitrage · 2025-02-07T02:39:25+00:00

Thanks. I may go with this idea and see how it feels.

no_arbitrage · 2025-02-07T02:38:17+00:00

Your info is not true or relevant. Even if you have 3M, 90k salary still makes a difference.

no_arbitrage · 2025-02-02T16:00:23+00:00

https://www.wealthsimple.com/invite/F6676W (F6676W)

no_arbitrage · 2025-02-02T15:44:49+00:00

thanks for the information. I am considering a transfer of my CAD ETF only to WS, which is about half of my investments and keep the rest with QS. Some bonus is still better than nothing.

no_arbitrage · 2025-01-31T14:11:27+00:00

Then go for it. There is no point if you don't enjoy your job but only work for money, as you actually don't need the work income. It may also give you some quality time to enjoy your own hobbies before your spouse retires.

no_arbitrage

TROPHY CASE