Search found 2063 matches

by ig17
17 Jan 2018 20:24
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Market 2018
Replies: 10
Views: 656

Re: Housing Market 2018

kcowan wrote:
17 Jan 2018 15:40
Here is a sample of what has been happening in BC:
Non-PDF link:

Explosive B.C. court case details seven migration scams
by ig17
17 Jan 2018 19:48
Forum: Financial News, Policy and Economics
Topic: NAFTA is dead. So now what?
Replies: 43
Views: 2141

Re: NAFTA is dead. So now what?

Just read this article again. No single quote will do it justice. A must read if you want to understand why our trade negotiations are stalled in all directions.
by ig17
17 Jan 2018 19:31
Forum: Financial News, Policy and Economics
Topic: NAFTA is dead. So now what?
Replies: 43
Views: 2141

Re: NAFTA is dead. So now what?

Rysto wrote:
17 Jan 2018 16:20
Look, I understand that the name "Trudeau" triggers a Pavlovian response in conservatives in Canada but maybe defending Trump isn't the hill you want to be dying on.
TPP is not signed. China FTA talks aren't going anywhere. It's all Trump's fault.
by ig17
17 Jan 2018 19:30
Forum: Financial News, Policy and Economics
Topic: NAFTA is dead. So now what?
Replies: 43
Views: 2141

Re: NAFTA is dead. So now what?

Discussions underway within Canadian government about reworking 'progressive trade agenda' OTTAWA — With Canada’s “progressive trade agenda” meeting more apparent resistance from prospective trade partners than Prime Minister Justin Trudeau intended, Canadian officials are now discussing how the st...
by ig17
16 Jan 2018 22:58
Forum: Financial Planning and Building Portfolios
Topic: Outstanding Financial Pornography
Replies: 630
Views: 110076

Re: Outstanding Financial Pornography

Not sure where this belongs. Here or in Humour 2018? Jan 4 https://pbs.twimg.com/media/DTqnZO_U0AAVBQ4.jpg Same guy, today: https://pbs.twimg.com/media/DTqnT00VQAIlzo1.jpg And lest you think that he is a random clown on Twitter... "Ross is the Co-Founder, President and CEO of Gerber Kawasaki Wealth ...
by ig17
16 Jan 2018 22:36
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TDDI - New WebBroker interface
Replies: 166
Views: 10319

Re: TDDI - New WebBroker interface

I have POA over my wife's accounts. But I can't transfer money between her accounts on-line. Have to call in and have it done by a representative. But they're working on it, and soon -- any year now -- I'll be able to do it on-line. I login using my wife's user ID when I need to make transfers betw...
by ig17
16 Jan 2018 22:30
Forum: Financial Planning and Building Portfolios
Topic: How Did You Do in 2017?
Replies: 93
Views: 3392

Re: How Did You Do in 2017?

My 20 year time weighted returns are about 8.5% per year. That's a great performance record. You beat a passive benchmark*** by ~1.5% over 20 years. Do you know the source(s) of your outperformance? Inquiring minds are curious. :wink: *** benchmark definition, picked arbitrarily by me: All Canadian...
by ig17
14 Jan 2018 21:25
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 1956
Views: 170404

Re: TD Direct Investing (was Waterhouse) Service

TDDI used to be the first of my broker accounts in issuing monthly account statements, but lately TDDI has gone from first to worst. Looking online today for my December TDDI statements, I see the following message: December account statements are expected to be available in Documents (eServices) o...
by ig17
14 Jan 2018 11:19
Forum: Financial Planning and Building Portfolios
Topic: US citizen working in Canada - what to put in RRSP?
Replies: 2
Views: 56

Re: US citizen working in Canada - what to put in RRSP?

One idea I had was to use my RRSP to invest in Canadian bonds. The idea being that the fees involved with Canadian bonds might be lower than those of Canadian mutual funds. If I did this, then I could devote more of my US accounts to the unbeatably low-fee stock indexes, and gradually shift my bond...
by ig17
14 Jan 2018 10:59
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 39
Views: 922

Re: Important change to the Amazon.ca Rewards Visa Card program

Select the option to apply points to any outstanding balance. Then make some charges to use it up. There is no option to select. They will automatically apply points to the statement balance. The trick is to make some charges before they freeze the card on March 15, but not too early. Time your cha...
by ig17
14 Jan 2018 10:58
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 39
Views: 922

Re: Important change to the Amazon.ca Rewards Visa Card program

How do you even redeem your points for a statement credit? I don't use the card very often and have just over 1300 points. I think I might as well just get the credit and close it myself. Any reason to wait? Statement credits are automatic at 2000 points = $20 credit. No manual redemptions. I suspe...
by ig17
12 Jan 2018 09:35
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 1956
Views: 170404

Re: TD Direct Investing (was Waterhouse) Service

pmj wrote:
12 Jan 2018 09:31
What TDDI doesn't say in ?any? of the "Contribute in kind" promo material is that you can't transfer from a RRSP...
... that's because "contribution in kind" implies transfer *to* an RRSP or a TFSA. Transfer *from* means withdrawal, not a contribution, i.e. unrelated. :wink:
by ig17
11 Jan 2018 23:50
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA gambit
Replies: 5
Views: 246

Re: TFSA gambit

DenisD wrote:
11 Jan 2018 23:44
Maybe let's you transfer an extra $4000 worth of stock ($9500 total) into your TFSA each year without having to sell and repurchase?
$4000 comes from the dividends inside TFSA. You can reinvest them for free via DRIPs.
by ig17
11 Jan 2018 23:27
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA gambit
Replies: 5
Views: 246

Re: TFSA gambit

$4000 re-contribution is in-kind. It triggers a deemed disposition and a capital gains tax.

What is the benefit of this maneuver? You can simply sell the stock, pay the same tax, and spend the rest. Why bother to withdraw and re-contribute?

I must be missing something obvious, or maybe not.
by ig17
11 Jan 2018 23:17
Forum: Financial Planning and Building Portfolios
Topic: Lessons learned and mistakes made
Replies: 39
Views: 902

Re: How Did You Do in 2017?

The question I ask is if you have a huge windfall stock, why would you continue to hold it while your unrealized profits disappear? According to this approach, you never would have huge windfall profits to start with. You would have sold after the first 20 per cent or 50 per cent (or whatever) rise...
by ig17
11 Jan 2018 23:02
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA gambit
Replies: 5
Views: 246

Re: TFSA gambit

What's the point of withdrawing and re-contributing $4000? You can sell $4000 worth of stock in the taxable account, pay tax and spend the proceeds.
by ig17
11 Jan 2018 18:17
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 1956
Views: 170404

Re: TD Direct Investing (was Waterhouse) Service

I want to give them kudos for a change. "Contribution In Kind" tool is a great addition to WebBroker. I used it yesterday for the first time to move a stock from taxable USD account to my and my wife's RRSP-s. Both accounts got updated today as expected. No surprises. One caveat: you have to wait un...
by ig17
11 Jan 2018 12:34
Forum: Financial Planning and Building Portfolios
Topic: $450K to invest for six months -- what would you do?
Replies: 29
Views: 696

Re: $450K to invest for six months -- what would you do?

You can roll out your own market-linked GIC. Put $445K in a few HISA-s. Use the remainder $5K to buy a call option that can pay 10x.

Heads: you win.
Tails: you don't lose much, if anything.
by ig17
11 Jan 2018 07:56
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: BMO Investorline
Replies: 524
Views: 55085

Re: BMO Investorline

Got my bribe too. That's Spring 2017 promo ($1K / $250K).

They ran another promo in the summer ($1.2K / $200K). That one is expected to pay the week of March 12th.
by ig17
10 Jan 2018 23:44
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Market 2018
Replies: 10
Views: 656

Re: Housing Market 2018

G&M

What Toronto and Vancouver housing data do and don’t tell us

by Josh Gordon, an assistant professor at the Simon Fraser University School of Public Policy.
by ig17
10 Jan 2018 19:55
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2018)
Replies: 53
Views: 3594

Re: What did you Buy? What might you buy? (2018)

Picked up another 500 FTS on another low ball bid this morning. I seem to recall Buffet recently having good words to say about buying utilities - but can't remember what he said ;-) He said something along the lines: "we buy utilities to stay rich, not to get rich" Are you trying to get rich or st...
by ig17
10 Jan 2018 19:43
Forum: Retirement, Pensions and Peace of Mind
Topic: Optional Additional CPP
Replies: 23
Views: 578

Re: Optional Additional CPP

gaspr wrote:
10 Jan 2018 19:20
To be fair, the CPPIB is generally thought to be doing a pretty good job of managing things.
Not everyone agrees with that assessment.

CPP board can't escape blame for fund's bloated state

Prior discussion on FWF:

CPPIB strategy change and costs
by ig17
10 Jan 2018 19:09
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 1956
Views: 170404

Re: TD Direct Investing (was Waterhouse) Service

I guess everyone saw this message by now, but just in case you missed it... Jan 10, 2018 - WebBroker Service Interruption Last week, TD Direct Investing reported unprecedented levels of investor activity – double the trading volumes of a year earlier, and triple the level of overall client activity....
by ig17
09 Jan 2018 19:07
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: BMO Investorline
Replies: 524
Views: 55085

Re: BMO Investorline

A message on the BMO IL sign in page: Important Notice We are experiencing exceptionally high trade volumes resulting in longer call wait times and slower responses to email and MyLink messages. We are working diligently to increase capacity on a daily basis to meet the needs of our clients. We apol...
by ig17
07 Jan 2018 18:02
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Bought U.S. stock through CAD TFSA at TDDI
Replies: 13
Views: 553

Re: Bought U.S. stock through CAD TFSA at TDDI

You're not better off holding US equities in taxable. You're much better off paying a 15% tax to the US on the dividends than you are paying your marginal rate to Canada unless you are in a very low tax bracket (and if you are, where on earth did you get the money to fool around buying individual U...