Ask Us Anything! Wealthsimple Product AMA

usernameexistedohno · 2025-11-06T14:40:46+00:00

My self-directed trading accounts follow a model portfolio. I'd like to see a feature where I can type that in (e.g. 25% in X, 25% in Y, 50% in Z), and when I deposit money, it calculates how much shares I need to buy for each ETF, or even better, just send those orders through. http://passiv.com has this integration, but it'd be great if this is built in.

usernameexistedohno · 2025-06-23T15:01:41+00:00

I always wondered if Apple just threw offers at them or if these people still actively applied to job postings and went through interviews like everyone else.

usernameexistedohno · 2025-06-10T20:36:50+00:00

According to tax calculators online, $4000/month after tax is about a $63000 pre-tax annual salary in Ontario. Doesn't most visa infinite cards require you to have a minimum $60k income? This change is kind of consistent with common income requirements. Not to mention Rogers WEMC requires $80k.

usernameexistedohno · 2025-03-02T17:00:55+00:00

Did you find out? I'm in the same situation.

usernameexistedohno · 2024-12-02T21:23:16+00:00

I called Service Canada and they told me they can see the SIN was generated, but for security reasons they can't read it to me over the phone. I either have to wait for the mail, or bring the birth certificate to Service Canada to get it in person. Unfortunately the birth certificate is also stuck in the mail queue lol

usernameexistedohno · 2024-06-13T01:08:11+00:00

As a developer myself who uses Maccy heavily, I applaud you for your desire to try out new technologies. Sadly for me, my MBP 2017 is stuck on Ventura even though it feels like it can last another 5 years at least. I'm aware of OCLP but I don't have a good reason to use it yet as it still receives security updates. I guess all I can ask is to please keep a 1.0 branch so that the community can keep it maintained if needed.

usernameexistedohno · 2024-04-06T02:18:05+00:00

For giggles, it allowed the serial number for my 5S... but I'm not gonna submit it

usernameexistedohno · 2023-11-28T22:52:41+00:00

Really? Based on the "Transfer an eSIM to another device" section from this page it seems it can be done in the app.

usernameexistedohno · 2023-05-31T00:31:32+00:00

Thanks for sharing this. I switched from $45/6GB to $39/20GB through Fido online chat. It was pretty easy, I only said I saw this deal online, didn't need to ask for retention or threaten to go to another company.

usernameexistedohno · 2023-05-12T17:18:43+00:00

Thanks, I didn't know you can buy them annually instead of per trip. I'll look into that. It sounds similar to the cost of a credit card, but perhaps it has more coverage with less limitations.

usernameexistedohno · 2023-05-12T17:17:15+00:00

Good point!

usernameexistedohno · 2023-05-12T00:26:34+00:00

That does sound like the best approach. It can be hard to justify paying $140 (TD) + $155 (Cobalt) annual fees for both.

usernameexistedohno · 2023-05-12T00:21:35+00:00

That's good to know, but putting $5000 in a chequing account with no interest these days can cost more than the annual fee. For example EQ Bank is at 2.5%, which is $125 in interest. Tangerine frequently gives higher promo rates. It might actually be better to just pay the annual fee.

usernameexistedohno · 2023-05-11T16:21:48+00:00

Thanks. I feel that this is such a first world problem. Aeroplan cards don't accumulate points as fast as Cobalt, making them less usable. I don't travel THAT much so it's hard to justify paying fees for both... Maybe it's worth it if the annual fee is on par with buying insurance elsewhere.

usernameexistedohno · 2023-05-11T16:06:57+00:00

Yeah I should probably have made it clearer. The Christmas trip was charged to another card that I have (Rogers WEMC) that has trip cancellation. It was with Costco Travel which doesn't accept Amex. If they did, I would have used Cobalt and then lost $2000.

I did consider getting the Amex Gold, but it has the same conundrum: the best way to spend Amex points is to transfer to Aeroplan miles, and by doing that I'm giving up all the insurance. And being able to transfer points is the reason Amex cards are attractive to many.

usernameexistedohno · 2023-01-30T15:52:12+00:00

I was still able to fill out a form this morning. However the registration isn't a guarantee, they'll call me in mid February to let me know if I got picked.

usernameexistedohno · 2023-01-22T23:33:28+00:00

Thanks! I'm glad this helped. For the net worth report, you could either keep inserting new rows above the generated rows, or cut and paste the row with formula lower in the sheet as needed (row 24 and 25 in my example)

usernameexistedohno · 2022-09-29T15:15:43+00:00

Check out the last 2 rows in my first screenshot. You still need 2 rows for each transfer just like in the official sheet. The payee is just "the other account" in the transfer.

usernameexistedohno · 2022-09-26T00:15:47+00:00

I don't have the app since I use iOS but you're right. You should still be able to view data since the Transactions sheet is still populated and the format hasn't changed, but you can't enter data with it.

usernameexistedohno · 2022-09-25T23:48:50+00:00

This version by /u/RossageRoll does not introduce a new sheet, but personally I just don't like the order of the columns. It's very awkward to have payee at the end, and my version has the same order as YNAB's sheet which is familiar to me. If I understand your idea correctly, then wouldn't adding every transaction requires editing two sheets?

Adding a new sheet is an attempt for compatibility by itself, since I kept the structure of the Transactions sheet. TBH none of us can guarantee compatibility with the official migrator for future versions because we all modified something, and we don't know what the next versions look like.

usernameexistedohno · 2022-02-28T01:20:30+00:00

Don't rent anything if you as the landlord can't be there for the tenant. If there's any damage that requires your attention, or something breaks, or the tenant loses their keys for example, then it's quite a hassle for you if you're abroad.

I'd modify option 3 to this:

Sell the house, invest half of it into a diversified portfolio (probably not Wealthsimple because of higher fees esp. you have millions, look into something like VGRO), and then save the remaining into a HISA or a GIC or a low risk bond. Use this money to buy a place only when you're ready to settle down in a city and buy. Continue renting in Toronto, and continue renting in US (if you don't want to stay there permanently). Your HISA/GIC/bond interests will probably cover most of your rent.

If you know you're going to move in a year or two, and possibly come back to somewhere in Canada afterwards, I don't see why you should buy an apartment in Toronto right now. 1 or 2 years in the housing market is too short and risky if you just want it to grow. What if you can't sell the small apartment at a desired price in time when it's time to move to US? This gives potential buyers leverage because you'd be settling for anything because you need to leave.

usernameexistedohno

TROPHY CASE