u/USDrollhunter

Non-customer cash exchange question

Greetings friends in America,

Aside from Chase Bank, which major or regional banks allow someone to exchange cash (cash for coin or coin for coin) as a non-customer and what is the limit?

Back in May, the limit at Chase Bank was $100 USD. However not sure if this is applicable to states which border Canada or if it is nationwide. If nationwide, please confirm this is still permitted and the amount is unchanged from $100 USD.

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u/USDrollhunter — 1 day ago

Telcos and their dividends

Once upon a time, Canadian telecoms were must haves in dividend-income portfolios because of their oligopolistic nature and guaranteed "payout" every quarter.

Now they're all saddled with high debt and a few like BCE and Telus slashed their dividends greatly in the last 2 years.

The real question is - where do they go from here?

Are they even worth accumulating at these levels (if anyone is starting off a portfolio with dividends) or are they considered dead horses just waiting to be buried?

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u/USDrollhunter — 2 days ago