#POF #stocktrading #financialassets
Hello everyone,
I have a small stock portfolio (juste around 2000-3000 CAD). I know that IRCC only accept accessible cash in the bank account, so I'm not going to use it as a part of POF.
But, this portfolio is directly linked to my bank account. meaning, if I sell any of it, the proceeds will be added to my account directly (and vice versa). Plus, there's a small quarterly fee deducted from my account as "holding fees" ... so, in order to avoid any confusion, do I need to make an explanation letter added to my POF to mention this portfolio ?
thanks you in advance for sharing your views
Hello everyone,
I have a small stock portfolio (juste around 2000-3000 CAD). I know that IRCC only accept accessible cash in the bank account, so I'm not going to use it as a part of POF.
But, this portfolio is directly linked to my bank account. meaning, if I sell any of it, the proceeds will be added to my account directly (and vice versa). Plus, there's a small quarterly fee deducted from my account as "holding fees" ... so, in order to avoid any confusion, do I need to make an explanation letter added to my POF to mention this portfolio ?
thanks you in advance for sharing your views
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