Search found 8205 matches

by kcowan
13 Dec 2017 15:22
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA Contribution 2018
Replies: 20
Views: 1115

Re: TFSA Contribution 2018

While we are wildly speculating, why not have the TFSA replace the RRSP? I could see an optional increase in TSFA limits based on foregoing RRSP room as an evolutionary step.
by kcowan
13 Dec 2017 04:20
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA Contribution 2018
Replies: 20
Views: 1115

Re: TFSA Contribution 2018

There are several things in the tax code that make sense to many of us as future developments but we never cease to be amazed that politicians do not pick them.
by kcowan
13 Dec 2017 04:16
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Saving for down payment in roughly 5 years
Replies: 19
Views: 436

Re: Saving for down payment in roughly 5 years

longinvest wrote:
12 Dec 2017 22:44
ghariton wrote:
12 Dec 2017 20:50
life is full of risks, and most of us are far more resilient than we imagine.
+1 :thumbsup:
+2 :thumbsup: :thumbsup:
What never ceases to amaze me is how 2000 created an experience that profoundly influences George now, 17 years later. Thanks for reminding us.
by kcowan
12 Dec 2017 08:36
Forum: Taxing Situations
Topic: Investment income in a CCPC
Replies: 884
Views: 74113

Re: Investment income in a CCPC

Aha! The dreaded IPP surfaces as a necessary approach from Morneau-Chapelle to overcome Morneau's revised tax code. Let us fire the ethics commissioner to deflect the attention from Morneau's clear conflict of interest. Obviously it was the commissioners fault because poor Morneau has not idea what ...
by kcowan
12 Dec 2017 08:24
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Saving for down payment in roughly 5 years
Replies: 19
Views: 436

Re: Saving for down payment in roughly 5 years

Another thought of the OP to consider if they choose to invest their down payment funds into the equity market, perhaps they might choose something that tracks or shows correlation to the housing market as their investment vehicle. For example, would REITs offer some level of correlation that might...
by kcowan
12 Dec 2017 08:10
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: RBC DIRECT INVESTING
Replies: 15
Views: 1320

Re: RBC DIRECT INVESTING

Only a big Canadian bank would expect you to write down your outstanding bill balances in order to pay them electronically! I use a text file to record them so I do not have a navigate away from their site on the browser.
by kcowan
11 Dec 2017 13:28
Forum: Taxing Situations
Topic: CRA Refund Cheques
Replies: 3
Views: 210

Re: CRA Refund Cheques

They still send out letters during reassessment even when the recipient is on MyCRA. It seems that old habits die hard, or else their measurement scheme is based on paper.
by kcowan
11 Dec 2017 06:19
Forum: Retirement, Pensions and Peace of Mind
Topic: RRIF Withdrawal
Replies: 43
Views: 2392

Re: RRIF Withdrawal

With one exception. If he has contribution room, and has a spouse 71 or younger, he can contribute to a spousal RSP until the end of the year the spiyse turns 71. Yes. He might have to track down the contribution room after all these years. But it seems that train has left the station until he rema...
by kcowan
11 Dec 2017 06:10
Forum: Taxing Situations
Topic: Canadian working remotely in the US
Replies: 1
Views: 66

Re: Canadian working remotely in the US

IANAL but I think you have to pay Canadian taxes and your wife has to pay US taxes. If you get your green card, then you are allowed to operate your consulting business in the US. Then you must file with the IRS and then Canada until you file your final return. You must continue to remit GST on Cana...
by kcowan
11 Dec 2017 06:00
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Bust 2017
Replies: 202
Views: 10810

Re: Housing Bust 2017

I agree that there is a problem when foreign millionaires buy a house here and then send their families who don't work but get free schooling and healthcare, etc... But that has nothing to do with housing. Yes the big problem is that lack of an asset-based means test for everyone who get a governme...
by kcowan
10 Dec 2017 09:34
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Convertible debenture
Replies: 21
Views: 1103

Re: Convertible debenture

Public Service Message: the Financial Post Convertible Debentures List We've received quite a few emails asking about the Financial Post's convertible debentures list, which has apparently vanished from the newspaper's website. Unfortunately, we don't know of another complete list of Canadian conve...
by kcowan
09 Dec 2017 19:12
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Are we too old, crusty and conservative
Replies: 14
Views: 531

Re: Are we too old, crusty and conservative

I admit I am old. I have become conservative although I still hold LULU! But I am not crusty. I echo the sentiment that I have shot the moon and had more 10-baggers than flops. But I have no need for that anymore. I draw down my 2% and try to give more money away. I have increased my giving by 30% t...
by kcowan
08 Dec 2017 15:03
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 525
Views: 51027

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

My guess would be $1k to $2k which was mine back in the day...10 shares would do.
by kcowan
08 Dec 2017 07:18
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Lululemon IPO
Replies: 17
Views: 1903

Re: Lululemon IPO

Yes we know some loyalists who still get great value from buying their products. I see the Amazon initiative as the greatest threat/opportunity to LULU yet. Their stock could go to $90 or collapse once again. :roll:
by kcowan
08 Dec 2017 07:10
Forum: Under the Mattress: Protecting Your Money
Topic: Using Bitcoins
Replies: 20
Views: 2039

Re: Using Bitcoins

Oh yee of little faith! What about the investors that became rich on tulip bulbs? Keep the faith speculators!

A guy on the CBC said that it should peak at $150k per coin, so hang in for the ride of your lives.
by kcowan
07 Dec 2017 15:22
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Lululemon IPO
Replies: 17
Views: 1903

Re: Lululemon IPO

In an apparent resurgence, LULU is again heading towards it all-time peak of $80+ with at least one firm predicting that. LULU renewal . There was also a piece on BNN today that, if they can withstand an attempt by Amazon to knock them off, they might become a target acquisition like Whole Foods was.
by kcowan
07 Dec 2017 13:40
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TDDI - New WebBroker interface
Replies: 152
Views: 9106

Re: TDDI - New WebBroker interface

I suppose they are trying to appeal to the Millennials. I never trade on my smartphone.
by kcowan
07 Dec 2017 13:37
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Convertible debenture
Replies: 21
Views: 1103

Re: Convertible debenture

Yes but what I miss is the current price, YTM, et al.
by kcowan
07 Dec 2017 05:11
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How Many Stocks In A Portfolio?
Replies: 52
Views: 1455

Re: How Many Stocks In A Portfolio?

I may have misled. When I said backfill maturing fixed income, I only included those that were replaced with equity buys.
by kcowan
06 Dec 2017 15:06
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How Many Stocks In A Portfolio?
Replies: 52
Views: 1455

Re: How Many Stocks In A Portfolio?

About a dozen transactions to keep TFSAs invested, backfill maturing bonds in RRIFs, expanding some sector holdings. Some rebalancing. 30 separate holdings.
by kcowan
06 Dec 2017 14:59
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 1874
Views: 163549

Re: TD Direct Investing (was Waterhouse) Service

Not sure how high is “high”. Maybe a few million? Seems to me that The Presidents designation was for $1 million. It was a special number but the guys could not do anything special. This may be another attempt to create some false sense of special. I agree that all their attempts are now aimed at g...
by kcowan
05 Dec 2017 06:40
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Convertible debenture
Replies: 21
Views: 1103

Re: Convertible debenture

Bril wrote:
04 Dec 2017 16:19
I was able to find the listed TSX debentures by doing a search for .DB on the TSX Money listed company directory search.
Maybe you could show us the results of your search?
by kcowan
04 Dec 2017 14:31
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: New Flyer Industries (Symbol - NFI.TO)
Replies: 19
Views: 537

Re: New Flyer Industries (Symbol - NFI.TO)

I hung on during the downturn and was rewarded with their acquisition of ARBOC last week. Definitely accretive with a PE of 10, and revenue growth for 2018 of 40%.
by kcowan
04 Dec 2017 14:14
Forum: Taxing Situations
Topic: Investment income in a CCPC
Replies: 884
Views: 74113

Re: Investment income in a CCPC

silverbug wrote:
04 Dec 2017 10:31
ah well, time to join the middle class...
Yup the Morneau/Trudeau strategy will drive business owners into the middle class. Maybe they can buy an IPP from Morneau-Chapelle?
by kcowan
04 Dec 2017 09:17
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Looking for advice
Replies: 4
Views: 254

Re: Looking for advice

Buying pre-construction is the most risky way to get into RE, especially condos. OTOH half the home equity is due to you upon formalizing your legal Separation Agreement. So where do you put the $2 million? I would probably put it in a REIT until I could find a move-in ready condo to buy. Time is on...