Search found 7898 matches

by kcowan
22 May 2017 15:25
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What constitutes a suitable Moat?
Replies: 3
Views: 89

What constitutes a suitable Moat?

A recent discussion over in Clippings made me think this would be a worthy topic on its own: At the extreme, that would be the lottery ticket approach to investing. Apparently, it is quite popular with some people. George Ironically, all the super-rich made their fortunes through stock concentration...
by kcowan
21 May 2017 10:47
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 108
Views: 5785

Re: Clippings 2017

Lazy Ninja, I've often wondered what advice he would give to Canadian investors for the domestic equity portion of their portfolios, given that the case for indexing appears much weaker here. What is the source of your statement that the case for indexing appears much weaker in Canada ? Does it ass...
by kcowan
21 May 2017 10:42
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 108
Views: 5785

Re: Clippings 2017

At the extreme, that would be the lottery ticket approach to investing. Apparently, it is quite popular with some people. George Ironically, all the super-rich made their fortunes through stock concentration! JD Rockafeller with Standard Oil, Gates, Musk, Ellison, any founder of a successful compan...
by kcowan
21 May 2017 10:16
Forum: Retirement, Pensions and Peace of Mind
Topic: Desjardins Group RRSP
Replies: 5
Views: 129

Re: Desjardins Group RRSP

Hiding fees has been a long-standing tradition by FIs in Canada. One of the most egregious is hiding FX Fees in exchange rates.

CRM2 is supposed to fix this in investment accounts. I would send a letter to the highest executive you can find asking why they have not implemented it in your RRSP.
by kcowan
21 May 2017 09:58
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 555
Views: 37476

Re: Canadian Banks

From a current commercial: CIBC was the first to introduce an ATM in Canada. According to this link the commercial is stating a mistruth. http://esask.uregina.ca/entry/automated_teller_machines.html Maybe it's my recollection of the commercial, it could have been stating that "CIBC was the first ba...
by kcowan
20 May 2017 18:22
Forum: Retirement, Pensions and Peace of Mind
Topic: Estate Planning... POA or must be Will?
Replies: 28
Views: 650

Re: Estate Planning... POA or must be Will?

Would it not be easier to gift a small amount of capital to the spouse? I agree with AR. It should be a loan to be copacetic.
by kcowan
20 May 2017 18:17
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Transferring oversea personal property to my company (incorporated IT)
Replies: 2
Views: 80

Re: Transferring oversea personal property to my company (incorporated IT)

I don't understand why you do not transfer it at FMV. You will owe taxes in the home country.
by kcowan
20 May 2017 18:14
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 108
Views: 5785

Re: Clippings 2017

I have held them all. Still hold XOM, IBM and AAPL. They are all on the potential sell list in that order.
by kcowan
20 May 2017 18:10
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 174
Views: 18649

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

Thanks. Do you have any idea what is driving the stock up? I bought it as a safe FI with a good yield but the upside is amazing. I know they got a new order a few weeks ago. This is what I would like to see Bombardier do! But I fear they are another Ballard.
by kcowan
20 May 2017 18:05
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 184
Views: 3106

Re: CPP Deferral debate - Fred Vettese article discussion

I took CPP at 62 and I forecast that it would outstrip my non-COLA pension of $28k by the time I was 78.
by kcowan
20 May 2017 12:26
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 174
Views: 18649

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

Got the buyout notice today from TDDI. Due 6/30 for $10 for New Flyer Industries common (convertible debenture @ 6.25%). Currently trading for $55. Hope it holds for 6 more weeks. Easy way to turn $40000 into $220000! In my RRIF. (I don't know if you heard Obama talking about Chicago buses made in W...
by kcowan
17 May 2017 13:59
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Home Capital Group (Symbol-HCG)
Replies: 232
Views: 11216

Re: Home Capital Group (Symbol-HCG)

Here is an interview with a "short" trader in California by our landlord rescue gal:

Why HCG got into trouble

A little long but lots of nuggets.
by kcowan
17 May 2017 09:49
Forum: Financial Planning and Building Portfolios
Topic: Electric Vehicles (EV's) and their impact on Canadian energy companies?
Replies: 14
Views: 326

Re: Electric Vehicles (EV's) and their impact on Canadian energy companies?

I think the first mover has not emerged yet. Most auto companies have offering. But until Tesla is profitable with its mass market offering, it is too soon. I think of it like the days of MP3 music players. Too soon to tell. Remember all the social networking offerings before Facebook?
by kcowan
16 May 2017 18:36
Forum: Financial Planning and Building Portfolios
Topic: Short term investment
Replies: 8
Views: 256

Re: Short term investment

I sure would not invest it without having a conversation with the banker!
by kcowan
16 May 2017 18:29
Forum: Financial Planning and Building Portfolios
Topic: Impacts of currency fluctuations and currency hedging on returns
Replies: 43
Views: 783

Re: Impacts of currency fluctuations and currency hedging on returns

George
I seem to detect that you are changing your strategy. Is this because you have been too cautious?
by kcowan
16 May 2017 11:36
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 555
Views: 37476

Re: Canadian Banks

I wonder about the lifecos? Floods, longevity, shaky real estate holdings?
by kcowan
15 May 2017 17:56
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 555
Views: 37476

Re: Canadian Banks

When I retired in 1992, a number of my buddies who also retired went to work for the banks. CIBC, TD and Royal. I knew Tony Comper of BMO and I was impressed when one of my buddies was killed in an avalanche in The Bugaboos and Tony lined up on Mount Pleasant for the visitation along with the rest o...
by kcowan
14 May 2017 23:02
Forum: Under the Mattress: Protecting Your Money
Topic: Aeroplan
Replies: 406
Views: 25703

Re: Aeroplan

So you have found a way to travel for free with AP.? Please share!
by kcowan
14 May 2017 18:56
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 555
Views: 37476

Re: Canadian Banks

Well since my pension which I have been drawing since 1992 in non-COLA, I have been pleased with the efforts to control inflation. Now I am ready for some inflation to burst some bubbles. That should create some new opportunities for those of us with money to invest?
by kcowan
14 May 2017 18:49
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Aimia (Symbol-AIM)
Replies: 11
Views: 495

Re: Aimia (Symbol-AIM)

It seems like a kiss of death to me. Air Miles screwed up and reversed themselves while AIM seems to be tone deaf. I have dropped both of them because I no longer trust either of them. Cashback and Westjet for a while.
by kcowan
14 May 2017 18:42
Forum: Financial Planning and Building Portfolios
Topic: Impacts of currency fluctuations and currency hedging on returns
Replies: 43
Views: 783

Re: Impacts of currency fluctuations and currency hedging on returns

We have made out very well with the MXN. Bought our condo in 2007 when the C$ was at a 6.5% premium. Watched the pesos move from 11.31 to 13.68 even though some prices have adjusted upwards. We still consider ourselves to be ahead by purchasing in the local economy (avoiding gringo-priced places). T...
by kcowan
14 May 2017 18:21
Forum: Financial Planning and Building Portfolios
Topic: FI ratio
Replies: 9
Views: 244

Re: FI ratio

I include convertible debentures in my FI bucket. Two are coming due June 30th: 1. NFI which is currently trading for US$4.05 on a cost of $1.04 while giving a 6.25% return plus FX, and 2. Enercare trading at $3.0 on $1.0 with 6.25% return. These are examples of having your cake while eating it. Gra...
by kcowan
14 May 2017 10:04
Forum: Retirement, Pensions and Peace of Mind
Topic: Industry knowledge after you retire
Replies: 12
Views: 442

Re: Industry knowledge after you retire

My belief is that once one has left the industry in which one has been involved, one has a better opportunity to become more objective about that industry relative to the market at large, and overall is likely to make better investing decisions for their portfolio. :thumbsup: The distance tends to ...
by kcowan
13 May 2017 12:37
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Aimia (Symbol-AIM)
Replies: 11
Views: 495

Re: Aimia (Symbol-AIM)

Has anyone held AIM?