Search found 1080 matches

by ockham
15 Jan 2018 09:56
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2018)
Replies: 53
Views: 3610

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

A rung on a 5 yr GIC ladder matured this morning. I just purchased a new 5 yr rung at 2.81%, the best 5 yr rate available today at RBCDI. The ockham household's fixed income portfolio (all in RRSPs) consists largely of four ladders: three 5 yr GIC ladders and one 8-9 yr prov strip bond ladder. I'll ...
by ockham
12 Jan 2018 10:54
Forum: Retirement, Pensions and Peace of Mind
Topic: Optional Additional CPP
Replies: 23
Views: 582

Re: Optional Additional CPP

The answer to my own question is that there is a 10 year as-an-adult minimum residency requirement to qualify for OAS.

https://www.canada.ca/en/services/benef ... ility.html
by ockham
12 Jan 2018 10:02
Forum: Retirement, Pensions and Peace of Mind
Topic: Optional Additional CPP
Replies: 23
Views: 582

Re: Optional Additional CPP

But really I just LIKE getting a gov’t cheque every month. And my basic policy is to defer tax and take benefits early :) So what would you do in this more extreme example: A grandparent immigrates to Canada, sponsored by his family, at age 64. He can apply for OAS at age 65, and he'll get 1/40 of ...
by ockham
11 Jan 2018 09:23
Forum: Financial Planning and Building Portfolios
Topic: $450K to invest for six months -- what would you do?
Replies: 29
Views: 714

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

How critical is it that you get all the money back? Surely the key question. The OP says that $1K on the upside "doesn't move the needle." OK. So far, so good. But it's the downside that matters here. How many $K on the downside does it take to move the OP's needle?? "Money necessary to meet short ...
by ockham
09 Jan 2018 21:38
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Bonds - Rolling Down The Yield Curve, theory vs real-life experience
Replies: 10
Views: 426

Re: Bonds - Rolling Down The Yield Curve, theory vs real-life experience

Isn't this where the bond guys at PHN or at Mawer get to earn their keep?
by ockham
09 Jan 2018 13:05
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Bonds - Rolling Down The Yield Curve, theory vs real-life experience
Replies: 10
Views: 426

Re: Bonds - Rolling Down The Yield Curve, theory vs real-life experience

I played with this idea briefly some 15 years ago -- trying to trade bonds around the "sweet spot" on the yield curve, where "sweet spot" is defined as the steepest part of the yield curve. Soon gave up. The sweet spot moves, disappears, reappears elsewhere. Bond trading is expensive, and bond prici...
by ockham
08 Jan 2018 20:38
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2018)
Replies: 17
Views: 1567

Re: What did you sell? What might you sell? (2018)

Earlier today sold my only REIT, Riocan (REI.UN). It's a position I opened way back in Feb 2006. Gain of 47.52% exclusive of the monthly distributions. A company with dimming prospects, it would seem, plus I don't really need the monthly cash flow. I'll use the sale proceeds to add to some existing ...
by ockham
08 Jan 2018 13:04
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2018)
Replies: 53
Views: 3610

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

Earlier today did my annual TFSA purchase -- added to existing position in VXC. VXC is a near to ideal product for those who value frugality, simplicity, diversity, and passivity. I say "near to ideal" and not "ideal" because I continue to wait for Vanguard to shave a few bps off its .27 mer.
by ockham
08 Jan 2018 11:09
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 124
Views: 9753

Re: "Hot Potato" anyone??

Me, been waiting for BlackRock's official year-end performance numbers. Not yet available. I've always found Morningstar's performance numbers to be prompt and accurate. They show the following 2017 TR's: XEF= 18.18% XUS= 13.57% XIU= 9.58% BlackRock's numbers for 12 months ended Dec 31 are availabl...
by ockham
05 Jan 2018 19:25
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 124
Views: 9753

Re: "Hot Potato" anyone??

Any updates for Jan 1 from any of the brave??. :D Just in the middle of Antonacci's book - dual momentum. -Quite interesting Me, been waiting for BlackRock's official year-end performance numbers. Not yet available. Just one of the glitches that makes real-life/real-time implementation differ from ...
by ockham
04 Jan 2018 13:22
Forum: Financial Planning and Building Portfolios
Topic: How Did You Do in 2017?
Replies: 101
Views: 3552

Re: How Did You Do in 2017?

My 2017 return comes in at about 6.7% on a balanced portfolio (55/45 equity to fixed and cash) in withdrawal mode, with the equity divided about 2-1 Canada/ex-Canada. A problem with my Canada equity holdings, all non-registered, is that of weighing lagging performance against realizing cap gains. Fo...
by ockham
27 Dec 2017 01:07
Forum: Under the Mattress: Protecting Your Money
Topic: USD credit card
Replies: 30
Views: 2280

Re: USD credit card

How do you plan to pay it? Short answer: With dividends from USD ETFs. Long answer: In the short term from my corporate investment accounts at Scotia, but being retired I'm drawing those down over the next few years. Long term from my RBC-DI RRSP and possibly RBC-DI non-registered account which doe...
by ockham
23 Dec 2017 14:42
Forum: Financial Planning and Building Portfolios
Topic: Auto insurance: 1 million or 2?
Replies: 44
Views: 9833

Re: Auto insurance: 1 million or 2?

I live in Ontario. I drive mostly in Ontario and occasionally in Quebec. I do not drive to US. Is Auto Insurance Liability Coverage $1 million enough? Is $2 million overkill? I carry the max available, which in my case is $10M. The incremental premium cost of adding millions to third party liabilit...
by ockham
16 Dec 2017 14:08
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Value Investing - do cheap stocks outperform?
Replies: 292
Views: 38221

Re: Value Investing - do cheap stocks outperform?

How many decades of one's life does an investor have to chase a dream of outperformance. At my age, I for one don't have many left (if any). I'm reminded of the investing maxim: When your strategy is underperforming, it's likely impossible to tell whether you're being disciplined or being irrationa...
by ockham
15 Dec 2017 10:33
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA Contribution 2018
Replies: 72
Views: 3087

Re: TFSA Contribution 2018

I do realize that the RRSP funding formula is fair (more or less) but was alluding more towards what SkaSka said. Remember, most of the electorate is innumerate and encouraged to be jealous of those that save and invest. After all, half of Canadians believe aliens have visited us and half also beli...
by ockham
14 Dec 2017 23:08
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Agrium (Symbol-AGU)
Replies: 21
Views: 2585

Re: Agrium (Symbol-AGU)

Peculiar_Investor wrote:
14 Dec 2017 21:02
Was that a snail mail notice or is it available somewhere within WebBroker?
I received my notice from RBCDI on Tuesday (Dec 12). Notice was by snail mail.
by ockham
13 Dec 2017 19:31
Forum: Financial Planning and Building Portfolios
Topic: Norbert's Gambit - which online brokerage is best?
Replies: 12
Views: 600

Re: Norbert's Gambit - which online brokerage is best?

I know RBC and BMO online brokerages can have a NG transaction done without calling/emailing. Does one need to wait 4 days as well at RBC and BMO? At BMOIL, you do NG in under 4 minutes (i.e., basically the amount of time it takes to type out your buy/sell instructions). Buy an interlisted stock in...
by ockham
08 Dec 2017 18:56
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 124
Views: 9753

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: 124
Views: 9753

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: 124
Views: 9753

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: 320

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: 53
Views: 1801

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: 124
Views: 9753

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: 124
Views: 9753

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: 741

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 ...