Well being with TD they flood you with accounts.
Myself - CDN+US (Margin w/Options) - legacy pair of non-margin CDN+US
Myself - Dormant non-margin CDN+US
Wife - CDN+US (margin w/options) plus CDN+US (Short account)
All - Single RSP and RESP (at least we are not forced to have a separate "spousal abuse" account.
Yes count 'em - thats Lucky Strike 13 accounts!!
It is brutal - and there is no where to turn them off - they say legally blah blah blah. And watchout -- you go to New Issues and accidently place interest using the wrong account - you lose.
How does Royal structure the accounts and login?
Some of my earliest posts here (sniffle) were on options. Dead mans game.. stick to QQQ DIA or SPDR as insurance. At least the PM junk has some hope of coming back where as options are gone forever.
Apparently the best options site here is E*TRADE Canada (a guest on ROBTV who knows something about them helped develop their site - I think I might have posted that previously too).
TD is weak. You go looking for COREL OCT $5 PUTS and they are not in the system - takes a day or two to add them. So you have to go through an options specialist (but of course at Webbroker discount prices). Hence - stick to the very liquid stuff. (and if you start looking at the Yahoo! site or a newspaper - better quickly evaluate you can actually place those specific symbols/strike etc - otherwise you will become depressed quickly after finding what might be a good one..)
Royal Bank is a SH*THOLE. I have a Gold Visa card with them - and line of credit but that is all I will give them. They wouldn't match my mortgage rate and so I pulled my entire RSP account. Biggest nickle and dimers on planet earth. The tellers are the most obnoxious L0ZERS I have met. Years ago I had like 3 accounts - when $$ was tight - and they would say "you know you are not making any interest in that account" and I would reply "yeah, but I ain't being dinged $0.50cents a withdrawl since I spread them across the accounts".
Last time I went - they have that form that says you haven't used the account in "2 or 5" years and you have to either do activity and/or sign a form. So I sign - take it in. I tell her I would like a photocopy. You should have seen her expression - like I told her there is a shovel - dig a Cool Hand Luke hole. I swear I was this close for a remark but I kept my composure - "what proof do I have?" is all I said. I posted that experience here too. ASSH*LES.
By irony is ironic sometime. TD Bank (my home) offers a slew of credit cards - yet with NO medical insurance for trips. To me a Gold card at a minimum should have that. One fee - never have to "question" whether we should get it for this trip etc.
Sad that the TD Bank + Wal-Mart tie ended - I really enjoyed going to Wal-Mart - buying my stuff; getting a BigMac and depositing my check. Now the only satisfaction I have is going to Wal-Mart with my Sobeys ad and buying my spaghetti sauce 2 for $5 - and having everyone in line including the associate questioning my motives - need the invaluable red coat to help with my "discounted" sauce and to save a special trip to Sobeys...
Life is good.
B
"When you have to shoot, shoot. Don't talk."
Tuco (The Good, the Bad and the Ugly)
"An umbrella with holes is better than no umbrella at all."
Dr. Alexander Elder on using stops.
