Search found 8331 matches

by kcowan
17 Feb 2018 14:47
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Convertible debenture
Replies: 23
Views: 1398

Re: Convertible debenture

Yes it seems to replace what FP provided but with more paging. Thanks.
by kcowan
16 Feb 2018 12:57
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Apple Corp (Symbol-AAPL)
Replies: 653
Views: 45096

Re: Apple Corp (Symbol-AAPL)

He said that Apple was a consumer brand to him (like coke), not a tech stock. He also invested in IBM as a Cloud-based AI investment but is divesting it as a mistake.
by kcowan
16 Feb 2018 12:54
Forum: Taxing Situations
Topic: Tax paid Dividends
Replies: 5
Views: 163

Re: Tax paid Dividends

The best holding in your TFSA is pure interest bearing instruments. Next best is dividend paying stocks, then pure capital appreciation stocks. OTOH total return for banks stocks is above 12% per year for 5 years and interest bearing is under 3%. Big capital appreciation stocks might attract the att...
by kcowan
16 Feb 2018 12:45
Forum: Taxing Situations
Topic: Budget 2018
Replies: 56
Views: 1318

Re: Budget 2018

We could argue that the PR exemption unfairly favours the people who can afford houses. While this has always been the case, it has become more acute owing to the escalation in PR costs.

Eventually these voters will become a major voting block.
by kcowan
16 Feb 2018 10:13
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Apple Corp (Symbol-AAPL)
Replies: 653
Views: 45096

Re: Apple Corp (Symbol-AAPL)

Berkshire's Apple stake grew by about 23 per cent since the end of September to roughly 165.3 million shares worth US$28 billion. That was just above the reported US$27.8 billion stake in Wells Fargo.
So Apple is their number one stock holding.
by kcowan
15 Feb 2018 15:46
Forum: Taxing Situations
Topic: Budget 2018
Replies: 56
Views: 1318

Re: Budget 2018

I think the government should focus on reducing spending rather than increasing taxes in their budget. Yes they should close obvious tax loopholes quickly. But otherwise let them keep their hands out of our pockets.
by kcowan
15 Feb 2018 07:13
Forum: Taxing Situations
Topic: Budget 2018
Replies: 56
Views: 1318

Re: Budget 2018

I'd like to see a cap on PR exemption. The added taxation resulting from such a cap would be borne almost entirely by the Toronto and Vancouver areas. Pretty toxic for any party that wants to win these metros. They just need to make the PR exemption to be the average for the metro area. So $1 milli...
by kcowan
15 Feb 2018 06:57
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 76
Views: 2507

Re: Important change to the Amazon.ca Rewards Visa Card program

...I have read that about 1.5% goes to the card issuer for a non-rewards card. There are more processing fees for a rewards card. The 1.5% is the rate of losses from credit charges, so there is no profit for the issuer. Any additional charges for reward cards go back to the card-holder. I know that...
by kcowan
15 Feb 2018 06:31
Forum: Now Hear This!
Topic: finiki, the Canadian financial wiki
Replies: 101
Views: 8375

Re: finiki, the Canadian financial wiki

πŸŽˆπŸŽ‰πŸŽ‚πŸŽ‰πŸŽˆ
πŸŽˆπŸŽˆπŸŽ‰πŸŽ‚πŸŽ‰πŸŽˆπŸŽ‰πŸŽ‚πŸŽ‰πŸŽˆπŸŽˆπŸŽ‰πŸŽ‚πŸŽ‰πŸŽˆπŸŽˆπŸŽ‰πŸŽ‚πŸŽ‰πŸŽˆ
We ought to have a way to thank the major contributors.
:thumbsup:
by kcowan
14 Feb 2018 16:09
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 76
Views: 2507

Re: Important change to the Amazon.ca Rewards Visa Card program

The facts are that the card appealed to snowbirds and they don't typically carry a balance. Also how many of we card carriers charged a bunch at amazon.ca? So both sponsors wrote it off as a bad experiment! I am amazed that it lasted as long as it did. There is clearly a need and I wonder how long H...
by kcowan
10 Feb 2018 08:43
Forum: Financial Planning and Building Portfolios
Topic: Three Investing Mistakes to Avoid
Replies: 28
Views: 957

Re: Three Investing Mistakes to Avoid

Everybody is different but I would have thought defining your losses as a fairly nice car might make it seem more significant to some people? Yes that is why I use the "pedestrian Accord". If I used BMW convertibles, I might feel the effects more. Plus I hope I do not experience many multiple BMW d...
by kcowan
09 Feb 2018 07:41
Forum: Financial Planning and Building Portfolios
Topic: Three Investing Mistakes to Avoid
Replies: 28
Views: 957

Re: Three Investing Mistakes to Avoid

BRIAN5000 wrote: ↑
08 Feb 2018 12:48
2018
Accords are $40,000
Yes I thought it would be nice to use round numbers. And for sure the numbers are inflated from the days of Civics.
by kcowan
08 Feb 2018 09:27
Forum: Taxing Situations
Topic: Helping friends switch from mutual funds to ETFs
Replies: 24
Views: 621

Re: Helping friends switch from mutual funds to ETFs

This reminds me of when my kids started to buy cars (old, used ones). I'm a 'car guy' and know something about them. I gave no advice since that tended to imply a perpetual warranty. The same would be true with investments. and nearly everything else. Appliances, houses, electronics. I usually tell...
by kcowan
08 Feb 2018 09:19
Forum: Taxing Situations
Topic: Helping friends switch from mutual funds to ETFs
Replies: 24
Views: 621

Re: Helping friends switch from mutual funds to ETFs

BRIAN5000 wrote: ↑
03 Feb 2018 02:03
An acquaintance at poker this summer asked me what I thought about Bitcoin. I thought it just a general conversation and said it wasn't for me.
I say I don't invest in speculative stocks. Did that 25 years ago. Don't need to anymore. Too risky.

(My play money does not count.)
by kcowan
08 Feb 2018 08:56
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Market 2018
Replies: 80
Views: 3302

Re: Housing Market 2018

adrian2 wrote: ↑
07 Feb 2018 21:16
nisser wrote: ↑
07 Feb 2018 20:25
We need a national strategy that prevents shelter from being traded like a commodity.
No, we do not!
:thumbsup: :thumbsup:
by kcowan
08 Feb 2018 08:51
Forum: Financial Planning and Building Portfolios
Topic: Three Investing Mistakes to Avoid
Replies: 28
Views: 957

Re: Three Investing Mistakes to Avoid

Thanks P_I! These articles stimulate some critical thinking and self-examination. I must admit that I was guilty of most of these in my early investing career in the 80s. In the 90s, I discovered many of these on my own as I took a methodical approach. Unlike AR, I used spreadsheets extensively in t...
by kcowan
08 Feb 2018 08:15
Forum: Financial News, Policy and Economics
Topic: market crash Feb 2018
Replies: 70
Views: 1739

Re: market crash Feb 2018

I PVR Bloomberg Technology and every daily episode starts with a market update so I got a glimpse of it on Saturday.

The weather in PV is similar to Hawaii but drier. Although the cold front NOTB has caused more high cloud and higher humidity.
by kcowan
05 Feb 2018 15:01
Forum: Retirement, Pensions and Peace of Mind
Topic: Retirement - is it over-rated?
Replies: 292
Views: 17794

Re: Retirement - is it over-rated?

Must have been a tough decision George. Welcome to the club!
by kcowan
31 Jan 2018 16:46
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: 2018 Predictions Contest
Replies: 33
Views: 1070

Re: 2018 Predictions Contest

The January results are now posted above. Kukucanuck is the early leader. A number of errors were corrected. Please report any others you may notice.
by kcowan
31 Jan 2018 07:15
Forum: Taxing Situations
Topic: My Ex-Employer issued a T5 and dividends I never got
Replies: 19
Views: 403

Re: My Ex-Employer issued a T5 and dividends I never got

Yup i think adrian has nailed it. You have a stock holding from a dividend reinvestment plan. If you want the money, change your option to receive the dividends.
by kcowan
30 Jan 2018 17:15
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Market 2018
Replies: 80
Views: 3302

Re: Housing Market 2018

...I just do not understand why anyone in this position would break the law given that they would be risking a lot for very little reward. Why would they risk their legal status for the privilege of living in Vancouver, for instance? Is Vancouver that much better than Montreal? No one questions the...
by kcowan
30 Jan 2018 06:10
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: 2018 Predictions Contest
Replies: 33
Views: 1070

Re: 2018 Predictions Contest

We have 20 contestants this year and the results will be posted here:

Latest results

There are already some changes noted that will be updated at month end.
Please advise of any keying errors. Thanks.
Keith
by kcowan
29 Jan 2018 13:54
Forum: Taxing Situations
Topic: What is considered Private Health Insurance Plans?
Replies: 7
Views: 234

Re: What is considered Private Health Insurance Plans?

Also if the private insurance does not cover the entire amount, the copay is deductible. For example, my drug coverage has a $5 fee then pays 90% so the $5 and the 10% is deductible. CRA will accept the Sun Life statement since they got all the receipts.
by kcowan
28 Jan 2018 12:59
Forum: Taxing Situations
Topic: Active Management and Capital Gains
Replies: 8
Views: 430

Re: Active Management and Capital Gains

Spudd wrote: ↑
28 Jan 2018 11:07
So if Tim Hortons was an American company, they wouldn't have had to realize cap gains when it got bought out?
The capital gains is a function of the nature of your selection. Cash is subject to gains and shares are a swap.