Brooklynnn
commented on and voted
Hey there, savvy savers!
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Are you looking to give your retirement plan a little extra love? Well, mark your calendars because March 3rd, 2025, is your last chance to make RRSP contributions for the 2024 tax year.
Contributing to your RRSP secures a more comfortable retirement and provides immediate tax relief. It's like giving yourself a high-five today and a big thank-you hug in the future!![]()
Prepare for an exciting investm...
Contributing to your RRSP secures a more comfortable retirement and provides immediate tax relief. It's like giving yourself a high-five today and a big thank-you hug in the future!
Prepare for an exciting investm...
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Brooklynnn
commented on
Hey there, so I've already opened my TFSA account on moomoo, and guess what? I got a commission-free card worth $2000, which was instantly credited to my account. Plus, I made a deposit of 5000 last night, and I'm about to receive a 300-buck stock cash coupon for that. Moving forward, I'm planning to transfer 50,000 from TD over here, and for that, I'll get either a CDN$700 Apple gift card or a cash coupon – sweet deal, huh?
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The detailed rules for the rewards ...
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Brooklynnn
commented on
The Federal Reserve's recent meeting led to a significant drop in stock and Treasury markets, while the dollar hit its highest level since 2022.
The meeting's unexpectedly hawkish tone![]()
was highlighted by four main points:
-Reduced expectations for rate cuts
-Increased projections for 2024 PCE inflation
-Clear signs of inflation risks
-Dissent among several committee members.
As anticipated, the Federal Open Market Committee (FOMC) cut the f...
The meeting's unexpectedly hawkish tone
-Reduced expectations for rate cuts
-Increased projections for 2024 PCE inflation
-Clear signs of inflation risks
-Dissent among several committee members.
As anticipated, the Federal Open Market Committee (FOMC) cut the f...
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- Making a selection takes time
- It requires a lot of upfront investment
- You need a vision
- It's a bit of a balancing act
- There's a standard
- Character is a must
- You work in layers
- Details matte
- It requires a lot of upfront investment
- You need a vision
- It's a bit of a balancing act
- There's a standard
- Character is a must
- You work in layers
- Details matte
Brooklynnn
liked and commented on
Give me something fun, already have 90% of my investments in ETFs.
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Brooklynnn
liked
I plan to have the funds in these growing for decades but I realized — if I put it in the TFSA, it’s tax free earnings but if I move it to the RRSP, it’ll get taxed when I withdraw it later. So maybe I have it in the RRSP from the beginning. But then will I be able rebalance my portfolio within the RRSP?
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Brooklynnn
liked
Now I created a TFSA and I would like to transfer some stocks to my TFSA account in order to max it out.
1. Is there a way to proceed to transfer my current stocks to my TFSA without having to sell the stocks, transfer the money between the accounts and rebuy the stocks.
2. I have a 69 000$ (cad) limit on my TFSA. If I can't transfer the stocks directly and I have to sell them first. Can I transfer the usd to the usd TFSA account?
1. Is there a way to proceed to transfer my current stocks to my TFSA without having to sell the stocks, transfer the money between the accounts and rebuy the stocks.
2. I have a 69 000$ (cad) limit on my TFSA. If I can't transfer the stocks directly and I have to sell them first. Can I transfer the usd to the usd TFSA account?
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Brooklynnn
commented on
Please help me design a U.S. election portfolio. Normally, I avoid timing the market, but I'm considering a 30k USD investment and would like to begin with a temporary portfolio until post-election volatility decreases.
Background & Goals:
I am 39 years old and based in Vancouver, generating an annual income of approximately 120k CAD, which I use for living expenses and reinvestment saving. My retirement savings are already secured ...
Background & Goals:
I am 39 years old and based in Vancouver, generating an annual income of approximately 120k CAD, which I use for living expenses and reinvestment saving. My retirement savings are already secured ...
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
CIBC Chief Economist said there may be a 75bps cut.
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Brooklynnn
liked
These fines are exclusively for the US operations. Canada is actually pretty good. $The Toronto-Dominion Bank (TD.CA)$
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Brooklynnn : It’s nice to know I can make my retirement savings work a bit harder. I’m definitely contributing before the deadline!