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Email this10:46 am
88kanaka said:
Andrew said:
guest said:
When it comes to "principled" investing, well, in my experience people will often publicly deride companies like GMAC for taking bailouts, but will privately invest with them anyway. At the end of the day principles don't help feed families.
To each his/her own, do what you feel is most consistent with your values. If you don't value principles, then they have no meaning to your decisions, so be it.
I have started a new topic about the housing market here: https://www.highinterestsavings.ca/forum/general-financial-discussion/housing-market-bubble/#p5251 so that this thread does not get cluttered up.
Exactly…it is like buying Money's Mushrooms (Made In China) at Costco and putting them back on the pallet. Principles, Ethics and Loyalty to pure Canadian business.
... as long as you maximize your profit from your "ethics", failing which you quietly invest in something your "principles" would otherwise prevent you from investing in. Get off your high horse buddy.
11:12 am
guest said:
88kanaka said:
Andrew said:
guest said:
When it comes to "principled" investing, well, in my experience people will often publicly deride companies like GMAC for taking bailouts, but will privately invest with them anyway. At the end of the day principles don't help feed families.
To each his/her own, do what you feel is most consistent with your values. If you don't value principles, then they have no meaning to your decisions, so be it.
I have started a new topic about the housing market here: https://www.highinterestsavings.ca/forum/general-financial-discussion/housing-market-bubble/#p5251 so that this thread does not get cluttered up.
Exactly…it is like buying Money's Mushrooms (Made In China) at Costco and putting them back on the pallet. Principles, Ethics and Loyalty to pure Canadian business.
... as long as you maximize your profit from your "ethics", failing which you quietly invest in something your "principles" would otherwise prevent you from investing in. Get off your high horse buddy.
Ha Ha...firstly I am NOT your buddy!!! Simply put my ethics, which I have shared, don;t allow me to deal with a financial institution that has American roots and is also part of a US Treasury bail out.
ps. Their rates aren't that good any way!!!!!
4:31 pm
Other the the bait and switch I have nothing against Hubert.. Everything has been running smoothly so far..
4:43 pm
July 13, 2011
Offline
Yatti420 said:
Other the the bait and switch I have nothing against Hubert.. Everything has been running smoothly so far..
This is a trust issue and the bait and switch is a big deal to me. I don't like beginning relationships on false pretenses.
I know there is a great deal of anger and frustration about this issue, but it all boils down to the same thing: will I stay or will I go?
12:25 pm
88kanaka said:
guest said:
88kanaka said:
Andrew said:
guest said:
When it comes to "principled" investing, well, in my experience people will often publicly deride companies like GMAC for taking bailouts, but will privately invest with them anyway. At the end of the day principles don't help feed families.
To each his/her own, do what you feel is most consistent with your values. If you don't value principles, then they have no meaning to your decisions, so be it.
I have started a new topic about the housing market here: https://www.highinterestsavings.ca/forum/general-financial-discussion/housing-market-bubble/#p5251 so that this thread does not get cluttered up.
Exactly…it is like buying Money's Mushrooms (Made In China) at Costco and putting them back on the pallet. Principles, Ethics and Loyalty to pure Canadian business.
... as long as you maximize your profit from your "ethics", failing which you quietly invest in something your "principles" would otherwise prevent you from investing in. Get off your high horse buddy.
Ha Ha...firstly I am NOT your buddy!!! Simply put my ethics, which I have shared, don;t allow me to deal with a financial institution that has American roots and is also part of a US Treasury bail out.
ps. Their rates aren't that good any way!!!!!
So when you're talking about your "ethics", you mean your "public ethics", right? Your "private ethics" might be different,' especially if it means you can boost your returns by several points but don't want anyone to know about it... 
1:20 pm
August 9, 2011
Offline
guest said:
So when you're talking about your "ethics", you mean your "public ethics", right? Your "private ethics" might be different,' especially if it means you can boost your returns by several points but don't want anyone to know about it…
This is getting pointless … I think it is time to agree to disagree here. guest: it sounds like you do not choose to invest based on principles. 88kanaka: it sounds like you are pro-Canadian and that forms a principle behind your investing. Andrew: I choose not to bank with Ally out of principle and, even if guest doesn't believe me, I do not actually have an account with Ally.
I don't know why guest keeps asserting that people who claim to be principled investors will violate those principles in private, this may be an assumption guest holds, but it is not productive to accuse other people based on an assumption. Let's just all agree to disagree about whether principles should have anything to do with your investing and move on to more productive discussion.
Edit by admin: Thank you Andrew. Future comments on this topic in this thread will be deleted.
9:25 am
I am very annoyed with Huberts bait and switch games. I have transferred my wifes and my savings account funds back to PCF to park for a while as I sift thru the endless fee structures of alternative institutions.
Hubert is the most efficient plus fee less way of frequent transfers between my other banks...PCF and Td, to get a "high" interest rate for my cash...IMHO. Neither PCF nor Td allow the use of bill payments with Hubert. Hubert does it all for you and it is extremely efficient. My funds have sometimes been transferred in 24 hours. Others up to 4 days.
The main concern I have with Hubert is their integrity. I also imagine there has been quite a run on them since the huge rate drop. So I will wait a few weeks and make a few embarrassing calls to them before I go back.
I would be interested if anyone knows of any institution that can match Huberts money transfer efficiency.
9:47 am
Jason said:
I am very annoyed with Huberts bait and switch games. I have transferred my wifes and my savings account funds back to PCF to park for a while as I sift thru the endless fee structures of alternative institutions.
Hubert is the most efficient plus fee less way of frequent transfers between my other banks…PCF and Td, to get a "high" interest rate for my cash…IMHO. Neither PCF nor Td allow the use of bill payments with Hubert. Hubert does it all for you and it is extremely efficient. My funds have sometimes been transferred in 24 hours. Others up to 4 days.
The main concern I have with Hubert is their integrity. I also imagine there has been quite a run on them since the huge rate drop. So I will wait a few weeks and make a few embarrassing calls to them before I go back.
I would be interested if anyone knows of any institution that can match Huberts money transfer efficiency.
Hi, while I do like the idea of obtaining good interest rates along with redemption policies (acceptable to my needs)… and secondly service fees (acceptable to my needs), I fail to see what you are talking about here…please fill me in? (Why would you not just write a cheque and use an ATM to deposit your money elsewhere?)
10:33 am
Jason said:
I am very annoyed with Huberts bait and switch games. I have transferred my wifes and my savings account funds back to PCF to park for a while as I sift thru the endless fee structures of alternative institutions.
Hubert is the most efficient plus fee less way of frequent transfers between my other banks…PCF and Td, to get a "high" interest rate for my cash…IMHO. Neither PCF nor Td allow the use of bill payments with Hubert. Hubert does it all for you and it is extremely efficient. My funds have sometimes been transferred in 24 hours. Others up to 4 days.
The main concern I have with Hubert is their integrity. I also imagine there has been quite a run on them since the huge rate drop. So I will wait a few weeks and make a few embarrassing calls to them before I go back.
I would be interested if anyone knows of any institution that can match Huberts money transfer efficiency.
As you can see I don't put as much importance to the efficiency of transferring funds of which is a personal preference and of importance to you (and no doubt, I need to review). And I am not knocking your preferences as there is not a banking institution that suits every ones needs and we have to pick the best options to suit our individual needs. I do find Accelerate to have held steady with their rates and Debbie and Desiree have been fantastic to deal with!
9:12 am
Jason said:
I would be interested if anyone knows of any institution that can match Huberts money transfer efficiency.
They all seem to have some unique qualities. Some allow deposits by ATM, but with Hubert it's all online. Accelerate's high interest account is a chequeing account, which is unique, and nice to have. I think Hubert is the only no-fee high interest account though.
It seems to me that when transferring funds, it's better to,(rather than push it over), to pull the money from the account to which the funds are going.
It seems that it's less likely to sit in limbo that way.
With Hubert you can do that.(link outside accounts and pull funds from any of them).
I'm not sure about most of the rest of them but with Accelerate you can't link outside accounts to pull money in (to my most current knowledge), so for deposits you are limited to ATM deposits, EFT direct deposits etc, and, to pushing it over via EFT from outside.
It's not a huge concern, but it might be another minor point to consider.
Please write your comments in the forum.