I now have an account with TD Waterhouse

It wasn’t that difficult to open an account with TD Waterhouse. It was not difficult at all. But the funniest part was when the girl asks me what I wanted to do with the account. I told her I wanted to buy one stocks of all of the above (I had my list I show her). Than, she tried to understand me, saying that it will cost me 29$ for each stock I buy. I didn’t provide more information on why I wanted to buy one single share of each. I wanted to open the account as quickly as possible. I told her I wanted to open the account on today, and that I had previously had purchases GIC and mutual funds with TD, and that I now wanted to purchase stocks.

Is it that difficult to understand?

One thing, TD Waterhouse has no connexion with the regular TD. When I presented my TD card, she told me she didn't need it, that she couldn't access it. That kind of information is always good to know.

I had a problem, like I don't have any Quebec ID. I couldn't find my license. And let say it, I don't want any Quebec ID. I don't like being here. Quebec is the worst province of Canada. So I told her I had invest in RRSP in Quebec with TD this year, and that she could verify my TD account if she wanted. But she told me she couldn't access to that account.

After she was done with her questions, everything went fast. And it was so quick that the girl at TD Waterhouse didn’t even present herself to me, she never told me her name. Wow.

Anyway, I don’t care, my account is now open, but I cannot access it via Internet yet. TD is too slow.

It was really easy to open a brokerage account. No appointment need, as I already had an account with TD for investments. I just need to present myself to a TD Waterhouse with 2 pieces of ID. From the date the account is creating, I had to wait 2 business days. And than, I call their IT team that have another name to combine both account – TD Waterhouse and regular TD. When I call, they also provide a password, which is a temporary password to buy and sell stocks. I only call this late Friday night, so the combination should be ready by Wednesday. I proceed with a first 4 000$. The only thing is that anywhere between the one to 1 000 shares, it cost 29$ per operation of that type. But I don't mind. I will buy and hold forever.

Once both accounts will be combined in one, I will be able to register to eService. That way, I won’t have any fees, and I will avoid the inactivation fees.

I just cannot wait for next Wednesday.

Getting ready.... to do my taxes

I contact Caisse Desjardins a couple of days go regarding a problem I had. I didn't receive a tax paper, for Fidelity Frontiere Nord, for the simple and good reason that, according to them, they were not in the obligation to provide one for a reason that I still don't fully understand. But the good news is that now that I have all the papers in hand to proceed with the taxes.

I wanted to do my taxes by myself, but knowing how bad I am at calculating some time, I might just give this job to a professional. I have dozens of papers: from jobs, non RRSP investments, RRSP investments, bank savings account. I also have to declare something like 3 000$ as a freelancer, etc... The only thing I had left to do is to find myself someone who will proceed for me. And I just hope it won't cost me too much.

I have this, and I still have that search for a part-time job that continues. I would like to be able to do those taxes first, and after the taxes, and after open the eServices thing at TD Waterhouse. I could actually do the application online since I already have investments with TD, but as usual, I feel completely lost and I want to make sure I enroll to the right thing, as suggest in the Lazy Investor. So I might want to try to see if I can do this in person instead. I don't have that much to do, but when you work 50 hours weekly, time go past really quickly and I find it difficult to do everything, in reasonable time.

I like the all concept of "lazy" thing because, as it shows in the cover, it's a "no-thinking strategy" and no need to think or to work hard at it, because I already work hard enough. I am just way too curious about the "share certificate". I can't wait to have my first share certificate in hands.