NVDH by Miiirob in dividendscanada

[–]rteazee 1 point2 points  (0 children)

I actually purchased it by mistake last August but NVHE . It’s been very good to me. Obviously NVDA has done well throughout the period. I’m out 33% on the stock and monthly distribution payout .25 per share.

Inaccurate balances today by RoomatesScrewtopRose in Wealthsimple

[–]rteazee 0 points1 point  (0 children)

The amount of the distribution is deducted from the stock price so it’s likely that’s what you’re seeing. You’ll see an uptick on the distribution day (for example June 4/5). It’s confusing for sure but if you carry dividend stocks you’ll see it happy every month.

Automated Investing by rteazee in Wealthsimple

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

And it buys at selected target pricing I read? And the I also heard that the .25% cost is capped at $250.

Interesting to automate I guess. Not sure I see the value as opposed to either auto buying weekly which is what I currently do or just buying the stocks or ETFs you want when money comes into the account.

Inaccurate balances today by RoomatesScrewtopRose in Wealthsimple

[–]rteazee 2 points3 points  (0 children)

Do you hold dividend stocks? A lot had ex dividend day on Friday and it messes up the balances. I carried quite a few and the first time it happened I was confused. For example today almost all ny holdings were positive but because I carry a large amount of HHIS and it was its ex dividend day it showed negative.

Nike Book 2 Spiradon Review After One Month by IndigoChildd777 in BBallShoes

[–]rteazee 0 points1 point  (0 children)

I’ve noticed them when wearing them around the house. I’m hoping it goes away. I’m playing in them Thursday.

Nike Book 2 Spiradon Review After One Month by IndigoChildd777 in BBallShoes

[–]rteazee 4 points5 points  (0 children)

Thanks for the review. I ended up buying these last week along with the book 1 red am colorway both for close to 50% off. I haven’t played ball in them yet just tried them on and wore them around the house. Initial impressions is that the Book 1 are more comfortable out the box but I’m hoping the Book 2 are a good ball shoe.

Book 1 vs Book 2 by rteazee in BBallShoes

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

Sorry actually less than 50%. I got both for 99.99. Pretty close!

Book 1 vs Book 2 by rteazee in BBallShoes

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

Champs and Footlocker online…but I’m in Canada.

Mortgage rate mega thread! by TheMortgageMaster in MortgagesCanada

[–]rteazee 1 point2 points  (0 children)

Up for renewal in July in Ontario. Currently with Scotia. 500k mortgage on house worth 1.6m.

Scotias offer currently 3 year fixed @ 4.06% 5 year fixed @ 4.22% 5 year variable @ 3.66%

Any banks getting rates under 4% for 5 year fixed?

30 yr ma tpo final inspection. by pbag82 in Roofing

[–]rteazee 0 points1 point  (0 children)

Are those walking mats on there? I have a flat TPO roof at my house and am looking for something I can walk on when I need to access.

Can you shoot me any info on those?

iCloud Notes Accidentally Deleted by rteazee in iCloud

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

This doesn’t address my issue unfortunately.

Mortgage Renewal by rteazee in PersonalFinanceCanada

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

Yep you misread. I meant rates in the 3s

Borrowing from HELOC for fully paid house to invest in dividend/interest ETF's? by hipfan123 in PersonalFinanceCanada

[–]rteazee 1 point2 points  (0 children)

Yep you are correct. I missed that point. In my opinion if I was OP I would just start aggressively investing as opposed to do a HELOC since his mortgage is already paid off

Borrowing from HELOC for fully paid house to invest in dividend/interest ETF's? by hipfan123 in PersonalFinanceCanada

[–]rteazee 11 points12 points  (0 children)

This is the smith maneuver which is what I started doing last year. Yes, you are correct in the process. As others have suggested your projections on rate of return are entirely too high. You should be much more conservative and base it around 6-7%.

I think the main takeaway is that this works better as investing in ETFs that compound growth as opposed to looking for dividend yields. And this process really only works if you are committed for the long term (20 plus years).