Search found 1063 matches

by ockham
08 Dec 2017 18:56
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 118
Views: 8714

Re: "Hot Potato" anyone??

Ockham, Your modified hot potato strategy looks interesting. Please keep posting your experience with your experiment. I've pondered modifying the hot potato spice myself. I'd like to make it more TFSA friendly, ie; employ tax efficient ETFs so withholding taxes are eliminated. Horizons has four lo...
by ockham
08 Dec 2017 09:02
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 118
Views: 8714

Re: "Hot Potato" anyone??

......... I would definitely pick GEM over Hot Potato. By squishing US and International equities into one asset class, you are moving further away from GEM. So I am going to ask again, what is the evidence behind your new strategy? === GEM references: https://www.amazon.com/Dual-Momentum-Investing...
by ockham
07 Dec 2017 12:09
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 118
Views: 8714

Re: "Hot Potato" anyone??

One year means nothing. 10 years means nothing. 25 years means nothing. A lifetime means nothing. I've decided to carry on with my Hot Potato experiment for another year, but with a simplifying modification. I will run it as a three fund portfolio -- XBB, XIU, and XAW -- instead of four ((XBB, XIU,...
by ockham
07 Dec 2017 11:39
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Adding Bonds to an Equity Portfolio?
Replies: 9
Views: 244

Re: Adding Bonds to an Equity Portfolio?

For myself I would never hold a bond outside of a registered account. After taxes and inflation you would be lucky to have your head above water. For myself, I would never waste registered account space that could grow for 30+ years on bonds. A word of caution. In the early '90s, in my registered a...
by ockham
06 Dec 2017 21:34
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How Many Stocks In A Portfolio?
Replies: 52
Views: 1430

Re: How Many Stocks In A Portfolio?

I'm working back to the OPs post here where the matter of cost first entered the discussion, One obvious issue, when it comes to portfolio size, is cost. Assume $10 trades and yearly turnover. With a 20 stock portfolio, that's $400; for a 60 stock portfolio, it's $600. If you want to keep those cos...
by ockham
04 Dec 2017 16:24
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 118
Views: 8714

Re: "Hot Potato" anyone??

One year means nothing. Even so, I've dug deeper. What I found was kind of interesting. It turns out, most, perhaps all, of my underperformance is due to performance metrics in April. From Dec 1 through Mar 31, the HotPot rules dictated that I hold XIU, which in fact I did. As of Mar 31, however, X...
by ockham
01 Dec 2017 12:47
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 118
Views: 8714

Re: "Hot Potato" anyone??

I started my experiment a year ago today. No changes required, since XEF's 12 month return remains the highest. But it is now time to evaluate. My initial stake was $25,000. That's grown to $27,277.11, for a total return of 9.11%. Not bad. Except that the Couch Potato benchmark* return is 13.05%. Ev...
by ockham
01 Dec 2017 00:11
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Bank Stocks? Canadian/US??
Replies: 17
Views: 623

Re: Bank Stocks? Canadian/US??

FWIW, here's one perspective. As for Canadian big banks, there is no Canadian sector more deeply analyzed. Today in Toronto: BMO down .17% BNS down .23% CM up 2.91% RY down .52% TD down 2.41% Tomorrow? next week? next year? I have no idea. My solution: own all five. KISS. As for US banks, I have no ...
by ockham
22 Nov 2017 10:06
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Vanguard fee question
Replies: 2
Views: 171

Re: Vanguard fee question

2 yen wrote:
22 Nov 2017 09:47
Vanguard Canada ETFs list a Management Fee and a MER. Can one assume that the MER includes the Management Fee? Or do I add these 2 numbers together to get my actual total fees?

Thanks!

2 yen
Don't add them. The management fee is included in the MER.
by ockham
07 Nov 2017 00:22
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 525
Views: 50809

Re: What did you Buy? What might you buy? (2017)

From the proceeds of my sale of IMO, I added to an existing position in MolsonCoors (TPX.B) and an existing position in VCN. TPX.B has pulled back about 25% from an earlier high. VCN, well, I couldn't think of anything else productive to do. Ockham, are you familiar with Molson? is the drop mainly ...
by ockham
01 Nov 2017 10:57
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 525
Views: 50809

Re: What did you Buy? What might you buy? (2017)

jay wrote:
01 Nov 2017 10:33
..... Thomson Reuters (TSE:TRI). A good TSX60 consumer stock....
Why is TRI classed as a consumer stock?? I've had a position in TRI since 2008, and categorize it under "consumer" because, well, because that's how it's classified. But, frankly, don't understand why.
by ockham
01 Nov 2017 10:28
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 118
Views: 8714

Re: "Hot Potato" anyone??

XEF continues to have the best 12 month return (for 12 months ended Oct 31) at 19.14%, narrowly leading XUS at 18.35%. Therefore, no changes to the Hot Potato portfolio. I will continue to hold XEF for the month.
by ockham
28 Oct 2017 16:07
Forum: Financial Planning and Building Portfolios
Topic: Retirement Portfolio Comments Sought
Replies: 15
Views: 818

Re: Retirement Portfolio Comments Sought

The OP says his portfolio is 75% in an open account and 25% in RRIF, all equity. All he's proposing is converting the all-equity RRIF to an all fixed income RRIF. There are no tax consequences to the conversion, and this still leaves him at 75/25 equity to fixed income. Seems like a no-brainer to me...
by ockham
28 Oct 2017 15:42
Forum: Financial Planning and Building Portfolios
Topic: One Fund or Very Simple Portfolio for a New Early 20's Investor
Replies: 31
Views: 752

Re: One Fund or Very Simple Portfolio for a New Early 20's Investor

I think AR above meant "VCN", not VUN, for Canadian equity content. VUN is the Vanguard Canada version of VTI, Vanguard US's total US market ETF. My daughter is in much the same situation as the OP's nephew. I have set her up with VCN and VXC (Vanguard's version of XAW) with purchases in $2K increme...
by ockham
25 Oct 2017 21:31
Forum: Financial Planning and Building Portfolios
Topic: 25 years ago, did Oct 19 '87 influence you?
Replies: 31
Views: 1343

Re: 25 years ago, did Oct 19 '87 influence you?

I had about 40K in the market at the day's beginning, about 30K at the day's end: a loss, albeit on paper, of ~25%. It hurt. For the short term, I learned that I had no idea what I was doing. It was 6 years before I put any new money in the stock market. For the longer term, I learned that at any g...
by ockham
22 Oct 2017 15:48
Forum: Taxing Situations
Topic: Estate Planning cross border Qs (kids in US)
Replies: 15
Views: 377

Re: Estate Planning cross border Qs (kids in US)

The law firm that did up the will should have completed this affidavit and attached it to the original will at the time of its signing. But a good chance it was not done at all for a 'quite old' will. The original lawyer would/should know. A long time ago, lawyers would purposefully NOT do up the a...
by ockham
22 Oct 2017 15:32
Forum: Taxing Situations
Topic: Estate Planning cross border Qs (kids in US)
Replies: 15
Views: 377

Re: Estate Planning cross border Qs (kids in US)

Planningahead, No, that's not the affidavit being discussed. The affidavit is an attestation by one of the witnesses declaring stuff such as (i) that witnesses were both personally present when the testator signed the will, (ii) that the testator was of sound, mind, memory and understanding at the t...
by ockham
16 Oct 2017 12:57
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 525
Views: 50809

Re: What did you Buy? What might you buy? (2017)

From the proceeds of my sale of IMO, I added to an existing position in MolsonCoors (TPX.B) and an existing position in VCN. TPX.B has pulled back about 25% from an earlier high. VCN, well, I couldn't think of anything else productive to do. These three trades (sell IMO, buy VCN, buy TPX.B) represen...
by ockham
16 Oct 2017 12:42
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 172
Views: 17647

Re: What did you sell? What might you sell? (2017)

I did some early tax loss harvesting by closing my position in IMO. Opened the position in Nov 2013. Four years of holding earned me a loss of about 15%.
by ockham
15 Sep 2017 09:53
Forum: Financial Planning and Building Portfolios
Topic: Maximum single position size
Replies: 60
Views: 2856

Re: Maximum single position size

For the purposes of this calculation, do folks aggregate fixed income and equity exposures to the same entity?? Or aggregate exposures through individual holdings and fund holdings?? For example, I might hold TD commons, prefs, and corporates. Is the proper measure of my TD exposure = commons + pref...
by ockham
01 Sep 2017 13:33
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 118
Views: 8714

Re: "Hot Potato" anyone??

ockham wrote:
04 Jul 2017 16:09
Earlier today, sold XUS @ $39.20 and bought XEF @28.871.
The numbers are in for the 12 months ended August 31. XEF continues to lead with a 12 month return of 12.83% (as against XUS at 10.64%, XIU at 7.76% and XBB at -1.67%). Therefore, no changes to the Hot Potato Portfolio required.
by ockham
21 Aug 2017 19:05
Forum: Financial Planning and Building Portfolios
Topic: RRSP and TFSA - moving away from MF
Replies: 32
Views: 1265

Re: RRSP and TFSA - moving away from MF

VXC is, roughly, 55% US, 35% EAFE, and 10% Emerging Markets. That's VXC's beauty, that with one trade you get this kind of international diversification. That's the beauty of the three ETF portfolio, that with only three trades you get exposure to Canada's broad bond market (VAB), Canada's equity ma...
by ockham
21 Aug 2017 17:27
Forum: Financial Planning and Building Portfolios
Topic: RRSP and TFSA - moving away from MF
Replies: 32
Views: 1265

Re: RRSP and TFSA - moving away from MF

My plan has changed a bit and I am thinking of purchasing: VAB - 30% Canadian Aggregate Bond Index ETF VCN - 20% FTSE Canada All Cap Index ETF VXC - 20% FTSE Global All Cap ex Canada Index ETF VUN - 20% U.S. Total Market Index ETF VFV - 10% S&P 500 Index ETF Can anyone see any glaring errors in thi...
by ockham
04 Jul 2017 16:09
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 118
Views: 8714

Re: "Hot Potato" anyone??

Earlier today, sold XUS @ $39.20 and bought XEF @28.871.