Q: In my self administered TFSA I’m invested about 50% in US equities/50%CND equities.
So whenever I’m buying or selling a US stock I have to deal with currency conversions as well as trading fees.
Am I allowed to have a Self directed US dollar TFSA thru Invest Direct at CIBC and linked to US dollar account held at the same bank? My local CIBC guy says no. Seems RBC allows it. Thanks for your appreciated guidance!!
So whenever I’m buying or selling a US stock I have to deal with currency conversions as well as trading fees.
Am I allowed to have a Self directed US dollar TFSA thru Invest Direct at CIBC and linked to US dollar account held at the same bank? My local CIBC guy says no. Seems RBC allows it. Thanks for your appreciated guidance!!