Comments on: Foreign Currency Investments and Exchange Spreads Inside Your RRSP http://www.investingintelligently.com/2007/01/18/foreign-currency-investments-and-exchange-spreads-inside-your-rrsp/ Not just another (Canadian) financial blog Thu, 18 Mar 2010 12:48:53 +0000 http://wordpress.org/?v=abc By: Ask Dave: US Dollar Investments Inside Your RRSP at Investing Intelligently http://www.investingintelligently.com/2007/01/18/foreign-currency-investments-and-exchange-spreads-inside-your-rrsp/#comment-7244 Ask Dave: US Dollar Investments Inside Your RRSP at Investing Intelligently Wed, 07 Nov 2007 08:15:49 +0000 http://www.investingintelligently.com/2007/01/18/foreign-currency-investments-and-exchange-spreads-inside-your-rrsp/#comment-7244 [...] (although there is nothing in Canadian laws/regulations that forces them to do so, see “Foreign Currency Investments and Exchange Spreads Inside Your RRSP” and this class action lawsuit against BMO for more information) is that you may not hold any [...] [...] (although there is nothing in Canadian laws/regulations that forces them to do so, see “Foreign Currency Investments and Exchange Spreads Inside Your RRSP” and this class action lawsuit against BMO for more information) is that you may not hold any [...]

]]> By: Dave http://www.investingintelligently.com/2007/01/18/foreign-currency-investments-and-exchange-spreads-inside-your-rrsp/#comment-4968 Dave Thu, 18 Jan 2007 19:34:43 +0000 http://www.investingintelligently.com/2007/01/18/foreign-currency-investments-and-exchange-spreads-inside-your-rrsp/#comment-4968 So you switched to TD from RBC? I vaguely remember you posting about that before. Maybe I'll switch my wife's RRSP over to TD from Clearsight, then I can compare E*Trade and TD Waterhouse. I'm stuck with E*Trade for now. The good thing is, I'm planning on buying and holding some USD stuff, but not selling any time soon, so I'll be taking the same hit I would have taken had I put it into a USD money market fund initially. Hopefully by the time I have a desire to switch those investments to something else E*Trade might support these "wash trades." We'll see. So you switched to TD from RBC? I vaguely remember you posting about that before. Maybe I’ll switch my wife’s RRSP over to TD from Clearsight, then I can compare E*Trade and TD Waterhouse. I’m stuck with E*Trade for now. The good thing is, I’m planning on buying and holding some USD stuff, but not selling any time soon, so I’ll be taking the same hit I would have taken had I put it into a USD money market fund initially. Hopefully by the time I have a desire to switch those investments to something else E*Trade might support these “wash trades.” We’ll see.

]]> By: Canadian Capitalist http://www.investingintelligently.com/2007/01/18/foreign-currency-investments-and-exchange-spreads-inside-your-rrsp/#comment-4965 Canadian Capitalist Thu, 18 Jan 2007 17:48:20 +0000 http://www.investingintelligently.com/2007/01/18/foreign-currency-investments-and-exchange-spreads-inside-your-rrsp/#comment-4965 This is exactly the reason why I chose TD Waterhouse over E*Trade. I have some US stocks that I am planning to sell this year and don't like the idea of getting a 3% hair cut when I sell them and buy VTI, EFA or EEM. As you mentioned a $20K trade will work out to $600. I don't spend that much in an entire year. This is exactly the reason why I chose TD Waterhouse over E*Trade. I have some US stocks that I am planning to sell this year and don’t like the idea of getting a 3% hair cut when I sell them and buy VTI, EFA or EEM.

As you mentioned a $20K trade will work out to $600. I don’t spend that much in an entire year.

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