Search found 7979 matches

by kcowan
25 Jun 2017 18:10
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How many negative positions do you hold today?
Replies: 14
Views: 312

Re: How many negative positions do you hold today?

BMO Prefs
Capital Power
Atom Energy
out of 50 holdings, not counting dividends.
by kcowan
23 Jun 2017 14:49
Forum: Financial Planning and Building Portfolios
Topic: What would you tell someone who wants to get started investing?
Replies: 69
Views: 1743

Re: What would you tell someone who wants to get started investing?

I think what you are saying is that DD will not pick equities. I would think maybe MAW104 would be the best you can get for her to build her confidence in consistent returns. And I would suggest at least a mini-emergency fund. The Bank of M&D will not cut it as a learning experience.
by kcowan
23 Jun 2017 14:41
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Disruption
Replies: 20
Views: 491

Re: Disruption

It is far more then disrupting retail. Transportation, communications and broadcasting, print media, financial services, manufacturing ,gambling , services, information and others sectors are facing major change because of technology. I think we know that but I don't think any one entity will stand...
by kcowan
23 Jun 2017 13:05
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4328

Re: CPP Deferral debate - Fred Vettese article discussion

What are the new dropout provisions? I am asking for a 58 year old friend.
Are the added post retirement benefits quantified?
Thanks
by kcowan
23 Jun 2017 10:05
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4328

Re: CPP Deferral debate - Fred Vettese article discussion

Is there anywhere that the old rules are compared and contrasted with the current ones?
by kcowan
23 Jun 2017 09:38
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 281
Views: 15254

Re: High interest rates for savings, GICs and MMFs (2017)

Agreed! Watch for their GIC rates to adjust down quickly.
by kcowan
23 Jun 2017 09:34
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Disruption
Replies: 20
Views: 491

Re: Disruption

I have a new vehicle and I was a huge sceptic of semi-autonomous driving assists until this week. They work like a charm. Maybe we really are on the verge of something big. 2 yen Yes any company that can benefit from Deep AI such as autonomous driving might be a good investment long term. Ironicall...
by kcowan
22 Jun 2017 20:22
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Disruption
Replies: 20
Views: 491

Re: Disruption

Are you talking about 10-baggers? I think it takes more than a good idea. - good execution - ready access to capital - corporate commitment to dogged pursuit of new opportunities - lack of executive greed - paranoia I could go on but I am trying to illustrate some of the other factors for considerat...
by kcowan
22 Jun 2017 09:48
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4328

Re: CPP Deferral debate - Fred Vettese article discussion

BTW a friend retired at 55 and he planned to delay CPP until 65 until I told him that the reports from the government were pure BS. So he did the work himself and has decided on 60 for both him and his wife. I have not told him about the survivor aspect yet.
by kcowan
22 Jun 2017 09:43
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4328

Re: CPP Rules - Fred Vettese article

...But this inequity in taxation is just one of many. The best we can do is try to minimize the adverse effects. Maybe we should have a topic in finiki about all the unfair aspects of the taxation system? Hi kcowan. I'm thinking of taking mine at 60 just because the bit of extra cash will help with...
by kcowan
21 Jun 2017 14:50
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4328

Re: CPP Rules - Fred Vettese article

I'm interested in the planning perspective. The fact that CPP has a capped survivor benefit and that OAS has no survivor benefit at all is challenging. While one could naively think that expenses for one surviving spouse should be less than for two, it's not that simple. After the death of one spou...
by kcowan
20 Jun 2017 20:49
Forum: Taxing Situations
Topic: Looking for advice on selling mother-in-laws house.
Replies: 8
Views: 240

Re: Looking for advice on selling mother-in-laws house.

Good advice given already. I have been in that situation and I would get your mom on a wait list right away if you have not already done so. This will take longer than you would like. You should also get some help for your wife to take care of her in her home. Just to spell DW off for say one/two sh...
by kcowan
19 Jun 2017 10:39
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How to download data?
Replies: 106
Views: 25565

Re: How to download data?

:thumbsup:
adrian2 wrote:
18 Jun 2017 15:48
Bylo Selhi wrote:
18 Jun 2017 10:01
...
Welcome back! :beer:

You've been missed!
:thumbsup:
by kcowan
18 Jun 2017 12:20
Forum: Financial Planning and Building Portfolios
Topic: Portfolio creation [with some US taxation considerations]
Replies: 12
Views: 180

Re: Portfolio creation [with some US taxation considerations]

Because the TFSA is treated like a regular account, she will need to include any interest, dividends or capital gains as they occur, not just when she withdraws the money. This creates an added complexity in reporting to the IRS.
by kcowan
18 Jun 2017 09:05
Forum: Under the Mattress: Protecting Your Money
Topic: Good customer service
Replies: 111
Views: 10752

Re: Good customer service

Ordered a new patio umbrella from Costco online (quite large) and it had the large cardboard box staples going right through the fabric inside. Called the supplier in Salt Lake and they said to keep it and order something of equivalent value from their site. We could find nothing that we needed, so ...
by kcowan
17 Jun 2017 16:30
Forum: Retirement, Pensions and Peace of Mind
Topic: Credit Scores for free
Replies: 45
Views: 2096

Re: Credit Scores for free

Yes we had the Home Depot freebie for a year too. Since there were no alerts in the year, I decided to takes a pass. Then when we applied for the Westjet RBC Mastercard, I became convinced that I had little to fear. They are really careful. Even the amazon Chase was a bit tenuous. After the initial ...
by kcowan
17 Jun 2017 16:04
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 584
Views: 39076

Re: Canadian Banks

OTOH, I agree CMHC purchased mortgages to take them off banks' balance sheets to make them look more robust, but a lot of financial institutions buy/sell mortgages to each other. The difference here is CMHC stepped in for optics. Is this nefarious? Maybe but it is not a bailout. The mortgages likel...
by kcowan
17 Jun 2017 15:30
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Healthcare for income
Replies: 27
Views: 1023

Re: Canadian Healthcare for income

DW has NWH.UN. Annual dividend = $0.80, unchanged since inception in March 2010. ... GlobeInvestor graph shows $10k invested at inception (red line = original cost minus total of dividend payments). NWHUN.png You can see the same decline in the market value of the CDs: NWH-DB.jpg Of course, the dif...
by kcowan
16 Jun 2017 19:41
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Amazon - Whole Foods Merger?
Replies: 17
Views: 474

Re: Amazon - Whole Foods Merger?

Didn't Grocery Gateway lose a ton of money in Ontario before it went under? Maybe it was ahead of its time. But I would not count on it! We buy online from Home Depot, Costco and amazon.ca when they offer better selection than their stores. But delivery is troublesome. One company delivered to the c...
by kcowan
15 Jun 2017 18:19
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Do any of you provide Internet & Phone services to your tenants?
Replies: 16
Views: 845

Re: Do any of you provide Internet & Phone services to your tenants?

adrian2 wrote:
15 Jun 2017 11:45
The only meaning I'm aware of for poopoo is "a babyish word for feces". :P
Yup Pretty much and even the wine was harsh. But hey it was the thought that counted...
by kcowan
15 Jun 2017 18:02
Forum: Financial Planning and Building Portfolios
Topic: Who can see my account information?
Replies: 30
Views: 653

Re: Who can see my account information?

Clearly banks understand the issue of transitioning to a smaller physical footprint while still using the branch network as their primary sales channel. I have confidence they will manage this transition. Our TD branch was booted out of its space in Park Royal north to make way for a major overhaul...
by kcowan
15 Jun 2017 17:49
Forum: Financial Planning and Building Portfolios
Topic: Who can see my account information?
Replies: 30
Views: 653

Re: Who can see my account information?

I know of a good number of folks in their '80s even that have picked up the basics, if only because of the need to stay connected, i.e. online communications (email, skype, facebook), if not yet brave enough to fly solo on online banking yet. I sent an Interac eTransfer to my ex and it sat for 2 we...
by kcowan
15 Jun 2017 11:24
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Do any of you provide Internet & Phone services to your tenants?
Replies: 16
Views: 845

Re: Do any of you provide Internet & Phone services to your tenants?

Our landlord has a Christmas celebration in the lobby of our building with wine punch and poopoos. It is a great way to meet neighbours. Our renters love it!
by kcowan
15 Jun 2017 10:55
Forum: Financial Planning and Building Portfolios
Topic: Who can see my account information?
Replies: 30
Views: 653

Re: Who can see my account information?

I have checked all the marks to make mine and DWs information all electronic. It works fine and any solicitations have been quickly shut down. If I get a call, I tell them that I am all electronic and to stop it and they do. The only paper I get is corporate action notices from Steeles Ave. I cannot...
by kcowan
15 Jun 2017 10:24
Forum: Under the Mattress: Protecting Your Money
Topic: Credit Card Merchant Fee Settlement - Surcharges?
Replies: 4
Views: 184

Re: Credit Card Merchant Fee Settlement - Surcharges?

When they did the forced upgrade to premium cards I was in the business and talked to many merchants all of whom were against it. Their fee jumped from 1.8% to 3.5% an average. I considered it a side effect of our Canadian bank oligopoly.

Right now I always go for cash back to avoid the vortex.