Hi yall, now that January is closer, we can contribute more to our TFSA. The annual contribution limit for 2025 is $7,000, confirmed by the CRA. With a new contribution room available, where will you be investing your money? My TFSA journey began a couple of years ago, thanks to a chat with some buddys who were totally hyped about its perks. At first, I was like, "Yeah, right?" but my curiosity got the best of me and I dove in....
Bravo Jordan
WeedStreet
:
You can set up recurring payments in the moomoo to buy ETFs. The moo-moo will withdraw money from your account and buy it automatically.
WeedStreet
Lauren_investement
OP
:
What I want to do is deposit $200 monthly into my TFSA and at the same time buy max XEQT with it. should i just cancel the auto deposit of $200 and then under automations turn on recurring investments for $200 every month?
As 2024 nears its end, we've witnessed inflation rates falling in major developed countries, with Canada's inflation rate dropping from 2.9% at the beginning of the year to 1.9%. This year, the Bank of Canada took the lead in cutting interest rates, followed by the Federal Reserve. The AI sector in North America continued its rally, driving Canadian tech stocks to soar. ■ How did each sector perform in 2024? Among all sectors in Canada, t...
I’ve got a sizeable investment in them and it just has been flat all year long. I thought the interest rates coming down should have helped them. Any thoughts?$TELUS Corp (T.CA)$
3
4
Report
Bravo Jordan
:
Telus is the well positioned against any incoming Trump Tarriffs.
JGPM
:
Telecoms have high debt. The cost of interest on that debt is high. As interest rates fall, they will slowly climb. Check the price again this time next year.
Lauren_investement
:
It's one of the highest paying dividend stocks out there. If you're looking for gains just put your money elsewhere. I've been in the red with Telus for like a year and half now but I'm actually at a positive given the amount of dividends its given me.
Telus ($TELUS Corp (T.CA)$) delayed dividend payment with$The Toronto-Dominion Bank (TD.CA)$? Anyone still waiting for Telus (T.TO) dividend from TD? Payment date is suppose to be Oct 1 but haven’t received anything. I also checked end of September just incase but nothing.
1
Report
David Smith95
:
did you own shares before x date or buy them on xdate? own them before and you get paid.
Dividend investing is like a garden. In the 1st year you start off with a few plants. Then you plant some more in year 2. Then more in year 3. If you give them the water and sun they need, they'll grow. They might even produce vegetables. And now you can eat for free.$BCE Inc (BCE.CA)$$TELUS Corp (T.CA)$
So I got into a back and forth with someone this afternoon about performance of Canadian equities market being abysmal under Trudeau. We also hear this a lot in general putting politics aside that Canadian equities are underperforming. So here are some stats using ETFs that Vanguard has put together since JT took office and over the last 5 years. Granted - very obviously - that weighting matters but as Canadians these are the easily accessible ...
22
1
Report
72124973
:
Some good observations. Especially the point about the performance from the US market if you remove the Mag 7. Thanks.
The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector. The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector.
WeedStreet : best way to automate buying ETF's and contributing to TFSA?
DanDha : Great read, thanks!!!!
Lauren_investement OP WeedStreet : You can automate inside the tfsa account in moomoo.
Bravo Jordan WeedStreet : You can set up recurring payments in the moomoo to buy ETFs. The moo-moo will withdraw money from your account and buy it automatically.
WeedStreet Lauren_investement OP : What I want to do is deposit $200 monthly into my TFSA and at the same time buy max XEQT with it. should i just cancel the auto deposit of $200 and then under automations turn on recurring investments for $200 every month?
View more comments...