Posted on: 29-04-13 17:24:18
Quote:On the cash balance of $1,500.
Originally posted by DRM
Also, say I have 2000 dollars in TFSA and I use 1500 to buy stocks. If there is an interest of about 1.25% would that be on the 2000 (500 + 1500) or would it be only on the 500?
However, I doubt if any brokerage these days gives interest on cash balances of $1,500.
-----------------------------------------------------------------
"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."
-- Rhett Butler in "Gone with the Wind"
I would also suggest Virtual Brokers. Have been with them for a while now, can't complain. In some ways it is even better than Questrade though I have an account with both.
