Search found 1044 matches

by ockham
15 Sep 2017 09:53
Forum: Financial Planning and Building Portfolios
Topic: Maximum single position size
Replies: 58
Views: 2301

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: 87
Views: 6828

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: 1045

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: 1045

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: 87
Views: 6828

Re: "Hot Potato" anyone??

Earlier today, sold XUS @ $39.20 and bought XEF @28.871.
by ockham
03 Jul 2017 22:28
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 87
Views: 6828

Re: "Hot Potato" anyone??

oppositeset wrote:
03 Jul 2017 18:13
I'm moving it all to XEF tomorrow
Yes, the June month end numbers are available. 12 month returns are:
XEF 20.58
XUS 17.40
XIU 12.16
XBB -0.26

Therefore, I'll close my XUS position tomorrow or Wednesday and buy XEF.
by ockham
30 Jun 2017 12:59
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: US Dividend ETF
Replies: 6
Views: 336

Re: US Dividend ETF

Vanguard US has two US dividend focused ETFs. VIG's focus is dividend appreciation. VYM's focus is high yield. Both have an MER of .08. Both have 10+ yr track records.
by ockham
27 Jun 2017 09:04
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 1911

Re: The Perfect Dividend ETF

Cannew is a disciple of Tom Connolly's. I subscribed briefly to Connolly's Dividendgrowth newsletter 15+ years ago. Connolly uses "yield on cost" as a rhetorical concept to illustrate to bond investors the comparative advantage of dividend growth (dividends grow, whereas the interest payments on you...
by ockham
27 Jun 2017 08:43
Forum: Retirement, Pensions and Peace of Mind
Topic: OAS - how to count eligibility years
Replies: 11
Views: 551

Re: OAS - how to count eligibility years

A follow up question: How do they treat time spent in USA as a graduate student? I was a grad student in the US for four years. I called OAS, thinking there must be a straightforward answer to this surely not uncommon question. Instead, I got hemming and hawing, "let me talk to my supervisor", etc....
by ockham
26 Jun 2017 10:36
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How many negative positions do you hold today?
Replies: 25
Views: 980

Re: How many negative positions do you hold today?

Two (IMO and AGU) out of 25.

I'm having difficulty appreciating what makes this metric meaningful. Perhaps the OP (or anyone else) could explain?? A cautionary word to the unseasoned investor that not all buys go up and stay up??
by ockham
23 Jun 2017 12:40
Forum: Financial Planning and Building Portfolios
Topic: What would you tell someone who wants to get started investing?
Replies: 70
Views: 2180

Re: What would you tell someone who wants to get started investing?

My rationale for no initial FI is that in the early stages of accumulation, contributions overwhelm return performance. ISTM no meaningful understanding of the emotional impact of an equity pullback is gained in circumstances where a couple of months of contributions are larger than even a bear pul...
by ockham
22 Jun 2017 22:54
Forum: Financial Planning and Building Portfolios
Topic: What would you tell someone who wants to get started investing?
Replies: 70
Views: 2180

Re: What would you tell someone who wants to get started investing?

5. No fixed income?? No emergency fund?? Bank of Dad will continue to cover that, as it always has. I don't like this idea to much, my daughter will have to decide on her own AA (with help if she asks) and in her mind have no backup from dad. I believe she needs to be an autonomus individual and lo...
by ockham
21 Jun 2017 23:00
Forum: Financial Planning and Building Portfolios
Topic: What would you tell someone who wants to get started investing?
Replies: 70
Views: 2180

Re: What would you tell someone who wants to get started investing?

[quote=BRIAN5000 ..... you can use a PACC monthly.....[/quote] After your earlier post, I looked at the BlackRock PACC quickly yesterday. The mechanics weren't clear to me. Right now, my daughter has set up a PAC to move funds from her bank account to the brokerage. Do you use the BR PACC to move fu...
by ockham
21 Jun 2017 15:27
Forum: Financial Planning and Building Portfolios
Topic: What would you tell someone who wants to get started investing?
Replies: 70
Views: 2180

Re: What would you tell someone who wants to get started investing?

I am going through this with my daughter. This is what we have done/are in the process of doing. 1. I asked her to identify the largest amount she felt she could sustainably set aside to invest every month. She has done that. (As it happens, the amount approximates the aggregate of her annual RRSP c...
by ockham
01 Jun 2017 16:09
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 87
Views: 6828

Re: "Hot Potato" anyone??

Yes, in my RRSP, no tax consequences to the experiment. Six months into it, there's been only the one trade, XUS replacing XIU at beginning of May.
by ockham
01 Jun 2017 14:00
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 87
Views: 6828

Re: "Hot Potato" anyone??

12 month returns for period ended May 31 are in: XUS (+20.81), XEF (+20.24), XIU (+13.43), and XBB (+2.70). I will, therefore, remain invested in XUS for June.
by ockham
28 May 2017 18:18
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 87
Views: 6828

Re: "Hot Potato" anyone??

Hi Ockham Wouldn't it make more sense if you were checking 1 year returns of SPY and EFA because a big component XUS and XEF performance is the Canadian dollar dropping against US $ ? Thanks for the question. Neither SPY nor EFA are Cdn $$ hedged. Therefore, from a Canadian portfolio perspective, t...
by ockham
02 May 2017 14:58
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 87
Views: 6828

Re: "Hot Potato" anyone??

This morning BlackRock posted 12 mth returns for the period ended April 30 for XBB (2.73%), XEF (21.75%), XIU (15.75%), and XUS (28.18%).

I therefore closed my position in XIU and purchased 635 units of XUS @$41.02.
by ockham
23 Apr 2017 12:48
Forum: Financial Planning and Building Portfolios
Topic: Questions for my Fin. Advisor
Replies: 26
Views: 1123

Re: Questions for my Fin. Advisor

IMHO, any FA worth keeping would advise after, even if not before, of a large CG. Simple courtesy.
by ockham
22 Apr 2017 21:24
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 623
Views: 42456

Re: Canadian Banks

As for SLF, I bought that pile of dogsh*t 10 years ago for $52 and today it's below $ 48. At least the index is close to where it was 10 years ago. :lol: And I bought it 5 years ago for ~$22, then sold half a couple years ago for $45. I think it has turned out to be one of my better purchases. I pu...
by ockham
09 Apr 2017 10:58
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 87
Views: 6828

Re: "Hot Potato" anyone??

I was out of the country (without a personal computer) from March 14 to April 8. Today I see that for the 12 month period ended March 31, the return of XUS was 20.34% vs a return of 19.03% for XIU. Thus, had I not been traveling, I would on April 3 (the first trading day in April) have sold my XIU a...
by ockham
10 Mar 2017 19:16
Forum: Under the Mattress: Protecting Your Money
Topic: Stability of Manitoba credit unions?
Replies: 24
Views: 662

Re: Stability of Manitoba credit unions?

To muddy the waters further, Manitoba credit union deposits are insured by the Deposit Guarantee Corporation of Manitoba. They have a website but it's unclear to me how much is covered or how deep their pockets are. Out of curiosity, I tried to look up the last time a Manitoba Credit Union failed, ...
by ockham
07 Mar 2017 17:46
Forum: Financial Planning and Building Portfolios
Topic: Do Fixed Reset Preferred Shares have a place in this Portfolio?
Replies: 2
Views: 222

Re: Do Fixed Reset Preferred Shares have a place in this Portfolio?

First, welcome to FWF. Next, I don't know much more about preferreds than you appear to, so I'll make only a couple of comments, and then get out of the way for more learned FWF members. 1. BMO has an ETF which holds a ladder of reset preferreds. It trades under the symbol ZPR. Have a look at it and...
by ockham
02 Mar 2017 09:51
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 87
Views: 6828

Re: "Hot Potato" anyone??

XIU's return for the 12 month period ended Feb 28 is 23.48% vs 21.34% for XUS. (The returns of XBB and XEF trail badly for the period). My hot potato sub-portfolio will, therefore, remain in XIU for the next month.