Search found 532 matches

by big easy
12 Dec 2017 15:51
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Saving for down payment in roughly 5 years
Replies: 14
Views: 239

Re: Saving for down payment in roughly 5 years

I think the same logic applies to RESPs. When my kids entered high school I started transitioning the equities to fixed income. By grade 12 there will be no equities. You could do something similar with the house fund. Added: I guess it depends on whether you have a fixed date in mind or you can con...
by big easy
09 Dec 2017 13:02
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 302
Views: 18011

Re: Clippings 2017

Not sure if this is the right place but there is a series of Barry Ritholtz interviews with investment gurus such as Burton Makiel, Bill Gross, Patrick O'Shaughnessy, Robert Shiller, Larry Swedroe, Rick Ferri, Meb Faber, Jeremy Siegel, Mohamed El-Erian, Jason Zweig, somebody named Jack Bogle and eve...
by big easy
07 Dec 2017 20:36
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Bust 2017
Replies: 202
Views: 10782

Re: Housing Bust 2017

Interesting article in the G&M about money laundering in BC Casinos and speculation that it has helped fuel the real estate boom.

https://www.theglobeandmail.com/opinion ... e37252702/
by big easy
30 Nov 2017 16:03
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Rate reset preferred share ladder?
Replies: 16
Views: 432

Re: Rate reset preferred share ladder?

My taxable portfolio is chock-a-block with fixed rate preferreds Fixed rate preferreds aka perpetual preferreds? I've been wary of these because of the possibility of rising interest rates which would cause prices to fall at the same time the dividend becomes less attractive. Of course that scenari...
by big easy
24 Nov 2017 13:25
Forum: Financial News, Policy and Economics
Topic: gummy-stuff, eh?
Replies: 49
Views: 5933

Re: gummy-stuff, eh?

Looks like www.gummystuff.org has changed? Hello, my name is Gummy and I am an investment expert with many years’ experience trading stocks. I created this website for people who don’t like to keep their money in savings account and who actually want to take on the challenge of investing in differen...
by big easy
19 Nov 2017 17:23
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 302
Views: 18011

Re: Clippings 2017

Why not substitute a HISA for a tax efficient bond ETF? If it's CDIC insured, you should have the same credit risk as a government of Canada bond. Minimal liquidity risk. No interest rate risk. No tax inefficiency of premium bonds. No costs to buy or sell. Cash is a reasonably good inflation hedge,...
by big easy
17 Nov 2017 10:28
Forum: Under the Mattress: Protecting Your Money
Topic: Paying with Paypal using a USD bank account from a canadian bank to avoid conversion fees
Replies: 9
Views: 203

Re: Paying with Paypal using a USD bank account from a canadian bank to avoid conversion fees

I think it is part of Paypal or Ebay's business model to collect those 2.5% fx fees. I have a credit card which does not charge any Fx fee (Amazon visa from Chase), however when I have ordred on Ebay, they always convert from USD to CAD and charge 2%+. I would be interested in knowing how to avoid t...
by big easy
06 Nov 2017 15:58
Forum: Financial Planning and Building Portfolios
Topic: Strip bonds or Bond ETF
Replies: 16
Views: 559

Re: Strip bonds or Bond ETF

I think this article sums how things can go wrong but why it is still a good ideal to hold bonds. http://awealthofcommonsense.com/2015/03/the-blueprint-for-a-bond-bear-market/ A much better comparison, if you want to make one, would be the 1950s. At the start of 1950 the 10 year yielded 2.3%. It ros...
by big easy
05 Nov 2017 12:28
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How to download data?
Replies: 181
Views: 28283

Re: How to download data?

For people who are looking for a replacement for GETYAHOO or the SMF add-in now that Yahoo has killed their interface: How to get quotes from GoogleFinance/GoogleSheets into LibreOffice . I imagine something similar will work with Excel. I don't have a copy of that product to test with. That's more...
by big easy
04 Nov 2017 00:41
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How to download data?
Replies: 181
Views: 28283

Re: How to download data?

I have all my data in a legacy excel spreadsheet that I'd rather not recreate in Google Sheets. Anyhow I figured out a work around. I "published" my google sheet to a web address. Then I query that web address in excel using the Data > From Web command to download the google sheets data to my excel ...
by big easy
02 Nov 2017 21:41
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How to download data?
Replies: 181
Views: 28283

Re: How to download data?

I guess i'll have to go back to Google Sheets using the Googlefinance() command and cut and paste the results into excel. :(

Too bad excel doesn't have a Googlefinance() function.
by big easy
01 Nov 2017 21:29
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How to download data?
Replies: 181
Views: 28283

Re: How to download data?

Download to excel not working right now - cell shows #VALUE! error
by big easy
28 Oct 2017 18:08
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 302
Views: 18011

Re: Clippings 2017

Behind the G&M pay wall: Hey, Canadian stock market: Thanks for 10 years of nothing - The Globe and Mail On an after-inflation basis, the S&P/TSX composite index lost money over the past decade. The index averaged a gain of 1.1 per cent annually for the 10 years to late-October, while inflation ave...
by big easy
27 Oct 2017 17:18
Forum: Financial News, Policy and Economics
Topic: NAFTA Renegotiation
Replies: 63
Views: 3483

Re: NAFTA Renegotiation

If Trump won't be reasonable, I think the Liberals will just try and wait it out. Mid term elections are next year and there is the issue of whether Trump can even cancel the deal himself or if he needs Congress. Then hope to god he doesn't get re-elected.
by big easy
27 Oct 2017 12:38
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 302
Views: 18011

Re: Clippings 2017

A study of DBRS bond default rates and rating transitions from 1976-2015 for those interested in corporate bonds. The is a list of 57 defaults brings back memories - Olympia & York and Lehman Bros. were the only two issues to be AA at the time of default.

DBRS Study
by big easy
27 Oct 2017 12:26
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 525
Views: 50975

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

And I recently purchased the Apr 2025 BCE (A low) strip with YTM of 3.08% to tack onto our RRSP bond ladder. I've been purposefully avoiding direct ownership of BBB or lower credits What's your opinion on CBH. Mostly A or AA , 10 year corporate bond ladder with a average YTM around 2.7% (less 0.3% ...
by big easy
26 Oct 2017 16:11
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 525
Views: 50975

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

And I recently purchased the Apr 2025 BCE (A low) strip with YTM of 3.08% to tack onto our RRSP bond ladder. I've been purposefully avoiding direct ownership of BBB or lower credits What's your opinion on CBH. Mostly A or AA , 10 year corporate bond ladder with a average YTM around 2.7% (less 0.3% ...
by big easy
25 Oct 2017 22:07
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: History of Discount Brokers in Canada
Replies: 13
Views: 359

Re: History of Discount Brokers in Canada

Some historical background here - mostly TD centric. Link Soon after the hearing, TD purchased Loewen, Ondaatje, McCutcheon & Company’s base of 800 discount brokerage accounts. By early 1984, Green Line began its operations with eight employees andone telephone line under Keith Gray’s leadership. Th...
by big easy
25 Oct 2017 21:37
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: History of Discount Brokers in Canada
Replies: 13
Views: 359

Re: History of Discount Brokers in Canada

I seem to recall getting 5 1/2" floppy drives from TD Green Line with which to install software on my computer. I think you connected to their servers via dial up modem but I can't remember. I think it operated on DOS but again I can't be sure. We have come along way.
by big easy
22 Oct 2017 11:12
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: YTM vs returns -- Bond ETF 2 years later
Replies: 16
Views: 811

Re: YTM vs returns -- Bond ETF 2 years later

Agreed, some bonds in a fund will have matured and reinvested with different YTMs which will necessarily affect the fund return. Assuming a 10 year ladder with 10 bonds and a 4 year duration, after 4 years 4 of the bonds have matured and been reinvested into 10 year bonds at different ytm. But if yo...
by big easy
21 Oct 2017 22:16
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: YTM vs returns -- Bond ETF 2 years later
Replies: 16
Views: 811

Re: YTM vs returns -- Bond ETF 2 years later

There's a thread over at Bogleheads which suggests SEC Yield (YTM-MER) is a decent predictor of future returns. There's even a post by some guy named Longinvest.

https://www.bogleheads.org/forum/viewto ... 3#p2339965
by big easy
21 Oct 2017 18:28
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: YTM vs returns -- Bond ETF 2 years later
Replies: 16
Views: 811

Re: YTM vs returns -- Bond ETF 2 years later

Longinvest,

As proof of your argument you compared the 2 year actual return of VAB to the YTM. As Altared pointed out you should be using a 5-7 year forward return in line with the duration of the fund which is 6 years.
by big easy
21 Oct 2017 16:15
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: YTM vs returns -- Bond ETF 2 years later
Replies: 16
Views: 811

Re: YTM vs returns -- Bond ETF 2 years later

I think the graph speaks for itself. I didn't say it was an exact prediction of future return but there is an obvious correlation there.