ING Orange Key Canada - make up to $2000 free

All Canadians can get $25 free (and up to $2000 more with the Refer-A-Friend program) by opening any ING Direct account.

• Open any account (TFSA, ISA, RSP or GIC) with ING Direct at http://www.ingdirect .ca
• Specify the Orange Key 34431191S during the online application
• Make an initial deposit by check of $100

Your account will be credited with $25 free. You'll get your own Orange Key. If your friends and family open an ING Direct account and specify your Orange Key, you and they will get $25 free.

34431191S is a working ING Direct Orange Key - you will not lose out :)

When I opened an ING Direct Orange I found a working Orange Key just by googling "ING Direct Orange Key" - I got $25 free, and so did the anonymous person who posted the Orange Key I found. I realized this was a great money making scheme, so I created this website to promote my Orange Key (optimized for the right search terms, and with other valuable information like Streetwise mutual fund reviews and investment advice).

You could also consider posting your Orange Key on

• http://www.craiglist.ca
• http://www.redleafads.com
• http://www.eclassifieds4u.com
• http://www.sellitbuyit.ca
• http://www.usedcanada.com

There are many ways you can promote your Orange Key and make those referral bonuses - it just takes a small investment of your time.  The money is out there waiting to be made - go get yourself $2000.

Here's the rundown on the bonus scheme.

Refer 10 friends - get $25*10 + $50 bonus = $300

Refer 20 friends - get $25*10 + $100 bonus = $350

Refer 30 friends - get $25*10 + $150 bonus = $400

Refer 40 friends - get $25*10 + $200 bonus = $450

Refer 50 friends - get $25*10 + $250 bonus = $500

TOTAL = $2000

Streetwise Balanced Income Fund - A Review

The Streetwise Balanced Income Fund is primarily intended for investors with a low tolerance for risk who intend to keep invested for the medium-term (five years or so).  It is invested in

• 70% Canadian bonds via the DEX Universe Bond Index: The Index is designed as a measure of Canadian investment-grade fixed income market and consists of bonds which mature in more than one year.
• 10% Canadian equity via the S&P/TSX 60 Index: This is a capitalization weighted index that measures the performance of 60 large, liquid Canadian common stock listed on the Toronto Stock Exchange.
• 10% US equity via the S&P 500 Index: This is a capitalization weighted index that measures the performance of 500 widely-held U.S. common stocks representing all major industries in the United States.
• 10% International equity via the MSCI EAFE Index: This Index is a broad measure of performance of equity securities of companies domiciled in developed markets covering countries in Europe, Australasia and the Far East.

The Streetwise Balanced Income Fund returned 7.67% in 2009 (after an expense ratio of 1%). Given the turmoil in the world stock markets in 2009, this is a satisfactory result.

These are the top 25 holdings of the Streetwise Income Fund.

1. Canada Housing Trust 4.60% Sep 15/11 6.4%
2. Government of Canada 3.75% Jun 01/12 4.4%
3. Canada Housing Trust 2.70% Dec 15/13 2.5%
4. Canada Housing Trust 4.55% Dec 15/12 2.5%
5. Province of Ontario 5.00% Mar 08/14 1.9%
6. Cash and Cash Equivalents 1.7%
7. Province of Ontario 4.40% Mar 08/16 1.6%
8. Government of Canada 8.00% Jun 01/27 1.5%
9. Canada Housing Trust 2.75% Dec 15/14 1.4%
10. Government of Canada 5.75% Jun 01/33 1.2%
11. Government of Canada 5.75% Jun 01/29 1.2%
12. Government of Canada 3.50% Jun 01/ 13 1.2%
13. Province of Quebec 5.25% Oct 01/13 1.1%
14. Canadian Credit Card Trust 4.51% Apr 24 /12 1.1%
15. Province of Newfoundland 6.40% Jul 25/1 1 1.0%
16. Government of Canada 8.00% Jun 01/23 0.9%
17. Canada Housing Trust 3.15% Jul 15/14 0.9%
18. The Toronto-Dominion Bank 5.14% N o v 19/1 2 0.9%
19. Canada Housing Trust 4.10% Dec 15/18 0.9%
20. Government of Canada 3.00% Jun 01/14 0.9%
21. Province of Ontario 5.60% Jun 02/35 0.9%
22. Province of British Columbia 4.70% Dec 0 1/1 7 0.9%
23. Royal Bank of Canada 0.8%
24. Province of Quebec 6.25% Jun 01/32 0.8%
25. Canada Housing Trust 2.95% Mar 15/15 0.8%

I invest in another ING Fund (the Streetwise Balanced Fund), but if you want a safe haven then the Balanced Income portfolio is a fine pick.

ING Direct Refer A Friend

ING Direct Refer-a-Friend promotion gives new customers $25 when you use an Orange Key to open any account and make an initial deposit of $100.

I'd appreciate it if you enter my Orange Key 34431191S1 when you complete the online application at http://www.INGDirect.ca.  Both you and I will get $25, and you'll also get your own Orange Key so you can make your own referrals.  

ING Direct Orange Key for June 2010: 34431191S1

Want to make $25 in June 2010? What about $500? Want even more?

• Open any account (TFSA, RSP, GIC, or ISA) with ING Direct at http://www.ingdirect.ca
• Specify the Orange Key 34431191S1 when requested in the application
• Make an initial deposit by check of $100

You'll get $25 free credited to your account. You'll also get your own Orange key so you can make your own referrals. Every time you refer someone you and the account opener get $25.

Refer 10 friends - get $25*10 + $50 bonus = $300
Refer 20 friends - get $25*10 + $100 bonus = $350
Refer 30 friends - get $25*10 + $150 bonus = $400
Refer 40 friends - get $25*10 + $200 bonus = $450
Refer 50 friends - get $25*10 + $250 bonus = $500
TOTAL = $2000

Remember to specify Orange Key 34431191S1 to get your $25 and your own Orange Key code.

Orange Key Code 34431191S1 is valid and working!  You will not lose out, but if you have any questions email me at simulationconsultant@gmail.com

Orange KeyCode 34431191S1 works!

Use 34431191S1 to register any new account with ING Direct and you'll get a $25 bonus!

If you have any problems just email me at simulationconsultant@gmail.com

TFSA Investment Strategy: Capital Gains Permanently Increase the Contribution Room

Currently you can only contribute $5000 a year to a Tax Free Savings Account (TFSA).  However, any capital gains to investments in a TFSA permanently increase the contribution room.  

So let's say one year you put $5000 in a TFSA, and it doubles to $10000 because of some clever investment picks. That $10000 is now your investment limit for the year.  The money can be completely withdrawn (without tax), and the full $10000 recontribute in the same year, or any year after.  

However, if your $5000 TFSA investment dwindles to nothing, then the contribution room is permanently lost.  

In conclusion, if $5000 doesn't mean much to you, then go for broke and invest in high-risk but high-gain equities for your TFSA - if you're lucky you might hit it big.  If the $5000 is a significant sum of money for you, then you might want to take it easier and invest in something that's lower risk (but still gives a reasonable return).

ING Direct Canada have three mutual funds you can invest in, all eligible for TFSA status.  They are (in order of increasing risk)

• Streetwise Balanced Income
• Streetwise Balanced
• Streetwise Balanced Growth

Increasing risk reduces the fraction of bonds, and increase the fraction of equities in the fund.  Read the fund prospectuses at http://www.ingdirect.ca/en/save-invest/mutualfunds/learningcentre/prospectus/index.html before you make any investment decisions.

If you're new to ING Direct Canada, then use Orange Key Code 34431191S1 when you open your account at http://www.ingdirect.ca.  This will give you a free $25 bonus when you make an initial deposit by cheque of $100.

$25 ING Direct Bonus with Orange Key: 34431191S1

If you're in Canada, ING Direct Orange Key code 34431191S1 will give you a $25 bonus when you open any new ING Direct account and fund it with $100.

The account can be a Tax Free Savings Account, Retirement Savings Plan, GIC, or any other account. You can even invest in ING's range of Streetwise Mutual Funds.  This offer is open to any Canadian.

*  Go to http://www.INGDirect.ca
*  Pick your account (TFSA, GIC, RSP or a Streetwise mutual fund)
*  Start the online application procedure
*  Specify Orange Key 34431191S1 when requested in the online application
*  Make an initial deposit by check of $100

You'll get $25 FREE credited to your account. You'll also get your own Orange Key so you can make your own referrals - both you and the account opener get $25. You could make up to $2000. Here's the rundown:

Refer 10 friends - get $25*10 + $50 bonus = $300
Refer 20 friends - get $25*10 + $100 bonus = $350
Refer 30 friends - get $25*10 + $150 bonus = $400
Refer 40 friends - get $25*10 + $200 bonus = $450
Refer 50 friends - get $25*10 + $250 bonus = $500
TOTAL = $2000

That's right - you could make $2000 simply by registering with ING Direct. You'll need to use Orange Key 34431191S1 to get your initial $25 and your own Orange Key.