TD webBroker has a promotion now. They will give you a gift of one percent of any money you transfer to TD webBroker from any other bank.
For example, if you transfer $100,000 you will get a gift of $1000, risk-free.
If you don’t have a TD web broker account, they will be happy to open one for you. Make sure that it is a margin account.
Canadians are not allowed to sell cash-covered puts in their tax- advantaged accounts (RIF, TFSA, RRSP and the like) as Americans can. However, they can do so in a margin account and that is the only reason to have one.
