Search found 1054 matches

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: 501
Views: 48112

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: 501
Views: 48112

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: 90
Views: 7721

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: 761

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: 657

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: 1283

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: 344

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: 344

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: 501
Views: 48112

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: 163
Views: 16305

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: 2787

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: 90
Views: 7721

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: 1234

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: 1234

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: 90
Views: 7721

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: 90
Views: 7721

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: 371

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: 2052

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: 677

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: 1056

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: 2407

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: 2407

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: 2407

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: 2407

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...