Q: Tax Q - Are distributions from a money market ETF like ZMMK taxed as income or dividends?
If it's income, are there any tax differences in picking the Canadian ZMMK vs BIL, which is a US name?
If it's income, are there any tax differences in picking the Canadian ZMMK vs BIL, which is a US name?
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Purpose High Interest Savings Fund (PSA)
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SPDR Bloomberg 1-3 Month T-Bill ETF (BIL)
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Horizons Cash Maximizer ETF (HSAV)
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Horizons High Interest Savings ETF (CASH)
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US Treasury 3 Month Bill ETF (TBIL)
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Horizons 0-3 Month U.S. T-Bill ETF (UBIL.U)
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Horizons 0-3 Month T-Bill ETF (CBIL)
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High Interest Savings Account ETF (HISA)
Q: I need to sell 1/3 of my portfolio and park the cash for 3-6 months. TD will not allow me to buy PSA, CASH, HISA, or HSAV. Can you recommend a few other good options.
Thank you,
Derek
Thank you,
Derek
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iShares Core Canadian Short Term Bond Index ETF (XSB)
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Vanguard Canadian Aggregate Bond Index ETF (VAB)
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SPDR Bloomberg 1-3 Month T-Bill ETF (BIL)
Q: With the sell-off and resultant higher yields on bonds, what are a few bond ETFS that I might consider as a short term park for money in registered accounts. Maybe there are bonds I could buy? They are hard to get some times on my bank platform: CIBC Investors Edge.
I have not owned any bonds for a very long time. Prefer dividend growth stocks.
I have not owned any bonds for a very long time. Prefer dividend growth stocks.