I believe in indexing (both
in eFunds and ETFs) and these carry fees.
Saving up
in eFunds is a great way to work up to this point (definitely check out Mike's posts on the subject if you haven't already read them).
I too invest
in eFunds and this will come in handy when I rebalance.
If you choose to invest
in an eFund rather than an eReit, you're actually investing in a real estate project.
Your capital account is computed based on your initial investment (s)
in an eFund plus any allocable net income, less any net losses and / or cash distributions as reflected on your K - 1.
It is recommended that you keep your own running record of your cost basis
in each eFund for tax purposes as there are certain instances where your tax basis may differ from your capital account balance.
Investors
in an eFund will receive a K - 1, K - 1 information, or substitute K - 1, which will reflect their annual share of the eFund's taxable income or losses.
Not exact matches
Deluxe Corporation
in the spin - off and $ 72 million IPO of common stock of its subsidiary,
eFunds Corporation.
When I was setting up my TD
eFunds for my RRSP a few years back, I think the currency neutral US index fund was the only one you could use for an RRSP if you wanted a US index, because you couldn't hold an RRSP
in US dollars.
I don't recall reading any posts on that... I have my sons RESP
in TD
eFund indexes and the CESG comes
in no problem...
I park the initial contribution and the CESG
in a money market fund, which I then liquidate and buy four funds according to my asset allocation target (TD Canadian Bond Index
eFund: 20 %, TD Canadian Index
eFund: 20 %, TD US Index
eFund: 35 %, TD International Index
eFund: 25 %).
As I've noted
in this post, I am enrolled through TD
eFunds.
I have set up a RESP for my boys with TD
eFunds, which doesn't charge an administration fee and offers some of the lowest - cost index mutual funds
in Canada.
Mike, the reason we're considering moving to ETFs is because the amount
in our RRSPs is made up of basically one fund (TD CDN index
efund) as our 401k's make up the rest of our assest allocation.
Positive banking history is described as follows: No NSF (non-sufficient funds) items during the preceding twelve months
in the Essential Checking account; the Essential Checking account must have a positive balance at the time of the request to upgrade the account; an
eFunds check must show no additional negative history
in the preceding twelve months (including banking history from other banks); and all monthly servicing fees must have been paid
in full for the 12 preceding months.
in fact 1 of our accounts at TDWH has monthly contributions going into 3
eFunds.
The National
eFund plans to invest
in housing
in major US cities, specifically targeting first - time homebuyers.
You get instant diversification across many of Fundrise's real estate investments including properties
in both the
eFunds and eREITs.
I wonder if one thing to consider
in the switch from mutual funds to exchange traded funds (and index fund like TD
eFunds) is that mutual funds are often sold as part of a financial planning package that includes tax, retirement, estate, children's education, etc planning.
- decide to shift rrsps to TD
efunds — attempt this
in late jan, 2009, watch bank rep wait to sell investments until early March - watch money sit
in aether between BMO and TD until early May, while TSX climbs 30 % from when you liquidated - bang head against desk; repeat
We're
in the same situation as you, trying to move money out of a TD Term RESP account and into
efunds.
Through Fundrise, you can invest
in either professionally managed residential real estate called
eFunds or a diversified portfolio of commercial real estate called eREITs.
Once that builds up to $ 100, I move it
in the Cdn Bond
efund.
While each eREIT and
eFund expects to seek a liquidity transaction
in this time frame, there can be no assurance that a suitable transaction will be available or that market conditions for a transaction will be favorable during that time frame.
Fundrise offers both accredited and unaccredited investors the ability to invest
in either residential real estate through an
eFund, commercial real estate through an eREIT, or diversified portfolio of both.
I bought four ETFs for my portfolio; whenever distributions come
in or whenever I invest new money ($ 100 twice a month on payday), I buy
eFunds in whichever asset is the most below allocation.
Speaking of TD's
eFunds, can anyone explain to me how (or whether) I can track these funds» performance automatically
in Quicken?
ETF for India, China, Vietnam, etc.)-- Vanguard is good; I am
in process of replacing the TD
eFunds with Vanguard ETFs (I should have done it much earlier but they were under
in my RRSP, it should have not mattered, the corresponding ETFs were low too)-- Big companies are good (McDonalds, Starbucks, Pfizer, WM) until they are not so perhaps I should get rid of them and buy more Vanguard ETFs — Buying distressed companies could be a winning proposition but have I very mixed results so better not (BP and Transocean bought after the oil spill, Nortel, BlackBerry, and Nokia — BP and NOKIA good, Transocean under not much, but under, BB very, very bad, and Nortel no comments)-- Berkshire is very good as it is a kind of ETF but what would happen after Warren Buffett (who would have thought AIG would need to be bailed out and the shareholders wiped out
in the process or other cases where individuals brought companies down for example Barings the oldest bank
in England)
I did the risk tolerance screener I believe and I have a majority of my
efunds in bonds since its
in my RRSP.
efunds are available only if you cancel 24 hours
in advance of your appointment «prior to the agreed upon delivery date of an email consultation.