M-PESA works digitally and in real-time, which means your friends or family members living, working or traveling in Kenya will receive the money much more quickly than a traditional bank transfer. Who are the Key mobile wallet vendors? Successful examples in the world. Safaricom is a leading communications company in Kenya with Mobile Money Transfer Services. Sending money to Kenya via M-PESA is a fast and safe way to pay, transfer, receive and store money.

Instantly send money online with cubber store money transfer service. Start money transfer business and sending money today.

Download Cubber Merchant App: https://goo.gl/PrxQh7

Visit Official Website of Cubber Merchant: https://www.cubber.store/

Call / Whats App: +91 261-7123466

Many of you know how to transfer money online since it is easy and trouble free in compare to banking money transfer services. Online money transfer is kind of revolutionary because it gives you a lot of advantages. You can have to send money anywhere to anyone. What if its night time or Sundays? When bank are close. Sometimes it’s emergency and you have to send money instantly. Will you go and stand in long lines in bank? Of course no. its stupidity or foolishness. You can always do online instant money transfer. Online money transfer was like a boom at the time of demonetization.  Many bank apps and other apps provides money transfer services to us.

We have an online merchant app with name Cubber Store. This app is a platform where you can do instant money transfer. Not only provide Cubber store money transfer services but it lets you pay your customers bills such as mobile recharge, DTH bill payment, Electricity bill, GAS bill, Landline bill, Broadband bill, Datacard bill, Insurance premium and Water bill etc. Also we let you book your Bus, Flight, Amusement park and Event too.

Any distributors or retailers can register in Cubber Store app simply by providing their basic details asked in app. You can start your own small business of Cubber Store is money transfer and payment service. You can send money easily and instantly to your loved ones. You can use money transfer service of Cubber store effortlessly with few steps. How to transfer money online with Cubber merchant application/website? Here are steps,

• Simply install Cubber store app from playstore
• Now you can register your name as distributor or retailer, as per your business type
• Then you can add money in your Cubber Merchant Wallet
• After adding money in Cubber merchant wallet, you can easily transfer the money wherever and whenever you want

Cubber store gives many advantages to you when you do instant money transfer with Cubber store. You can transfer your money with easiest and cheapest way without any hassle.

• First its time saving since you don’t have to go anywhere
• Reduce risk of theft and loss, because it’s not cash or cheques
• Convenient – you can use it any time anywhere because of its easy accessibility
• Cashback rewards –Cubber store gives cashback in your merchant wallet on every transaction
• Safe and secure
• Reduces service charges (here on Cubber store no charges)
• 24 hours 7 days service, apps don’t have holidays like banks
• No need of paper works
• Instant money transfer without delaying

Hurry Up… Grab this Money Transfer Business opportunity! Download, Install and Register on the Cubber Store App Now

Download Cubber Merchant App: https://goo.gl/PrxQh7

Visit Official Website of Cubber Merchant: https://www.cubber.store/

Call / Whats App: +91 261-7123466

Bruce Sellery says you can transfer all sorts of investments into a TFSA, but you may not be able to completely avoid the taxman by doing so.

Question

I have a large amount of money tied up in shares of the company I work for. I have room in my TFSA and wonder if it is possible to transfer the stock into this account without cashing them first? Also, do you have any tips on negotiating the transfer fees from the full service brokerage to this new one? I know it is time for me to make the move, but I’m a little nervous about it.

Answer

Making the move to a discount brokerage can feel like a really big step. I’m not surprised to hear that you’re nervous about it because a lot of people are. But once you get through the paperwork and set up the account I think you’ll find it’s as easy to use. I remember when I set mine up years ago it took some getting used to, but the navigation was intuitive and the call centre folks were helpful. I also learned that it was best to avoid calling at the opening or closing of the stock market as that’s when they tend to be the busiest.

Transferring stock into a TFSA

In terms of your company stock, you don’t have to sell it; you can just transfer those shares directly into your Tax Free Savings Account, provided that it is held within a brokerage. A TFSA at a brokerage allows you to hold all sorts of investments: stocks, ETFs, mutual funds, etc. But be careful if you open this account at a bank. If you set up your TFSA with your bank’s brokerage arm you should be fine, but the version that you set up with a bank teller may have restrictions.

While you can transfer the stocks into your TFSA without selling them first, you could still trigger a tax event. If the stock has gone up in value you will have to pay tax on that gain. Only future gains will be sheltered and able to compound tax-free. However, if you have any capital losses saved up you can use them to offset the gain.

On the other hand, if the stock you want to transfer into your TFSA has fallen in value you cannot claim the loss for tax purposes. In order to claim the loss you’d have to sell the stock outside the TFSA first. But be mindful of the superficial loss rule, which prevents investors from selling a stock to claim a loss and then buying it back in right back. If you sell the stock outside of the TFSA and buy it back within 30-days, the loss will be denied.

Once the stock is moved over, promise me that you’ll take a look and see how much of your total portfolio it represents. You need to diversify out of your company’s stock; failing to do so is a mistake I see all too often. Even if you love your company and believe in its future, it still makes sense to review your exposure and reduce your position over time. If you need anecdotal evidence of how wrong things can go, just think about the pain suffered by employees of Nortel Networks who didn’t sell some of their shares before it came crashing down to earth.

Negotiating transfer fees

Transfer fees are typically charged by the brokerage firm that you are leaving. The fees aren’t huge—typically in the hundred-dollar range—but it is worth asking your new brokerage to reimburse you for them. It is a fairly common practice so it will be less like a negotiation and more like a request. It certainly doesn’t hurt to ask. Ideally you should enquire about fee reimbursements when you’re setting up the account so you have someone to follow up with directly if there is an issue.

Stretch outside your comfort zone

Embracing new habits around money—even just the logistics of it—isn’t easy. In fact, only yesterday I moved to online statements for my bank accounts, line of credit and credit card. That felt like a big step, even though it only took a few clicks and three minutes of my time. Stretching outside of your comfort zone to get a better handle on your money is a good thing in my opinion. It can make a big difference both in terms of your actual results and in terms of how you feel about you money.