We have written several articles about foreign withholding taxes on the PWL Capital and Canadian Couch Potato blogs, including explanations of which fund structures are best held in which types of account.
When you perform Norbert’s gambit in a non-registered account at TD Direct Investing, most of the steps are the same as in an RRSP.
Scotia iTRADE launched its US-Friendly RRSP Account Service in January 2011.
Savvy DIY investors have long used a technique called “Norbert’s gambit” to sidestep these steep currency conversion costs. The name comes from Norbert Schlenker, an investment advisor in B.C. who was the first to popularize it.
Savvy DIY investors have long used a technique called “Norbert’s gambit” to sidestep these steep currency conversion costs.
No one likes losing money on an investment, but claiming capital losses can reduce your tax bill and ease the pain.
A perennial question for investors is the best location for the next dollar they can save: RRSP, TFSA or paying off the mortgage or line of credit.
One of the most complicated and tedious tasks investors must do is calculate the adjusted cost base (ACB) for each security in their taxable accounts.