Search found 506 matches

by big easy
13 Oct 2017 18:15
Forum: Under the Mattress: Protecting Your Money
Topic: Tangerine
Replies: 38
Views: 2848

Re: Tangerine

Thank you Descartes! I agree the website is a little buggy and design is not intuitive. For example, I entered my request to download transactions for the month of August, and was then directed to another screen where I had to enter the same information a second time. Kinda like when you phone a ban...
by big easy
13 Oct 2017 17:25
Forum: Under the Mattress: Protecting Your Money
Topic: Tangerine
Replies: 38
Views: 2848

Re: Tangerine

Anybody know how to download transaction data to a spreadsheet? I've got a Tangerine CC - surely the new website would allow one to download to a csv file, but it appears not.
by big easy
23 Sep 2017 21:51
Forum: Financial Planning and Building Portfolios
Topic: Strategy and Performance Tracking
Replies: 22
Views: 1097

Re: Strategy and Performance Tracking

I too use a spreadsheet to track the value of each account and our (wife and me) total new worth. I track the buys and sells, dividends, ACB, gains and losses for securities held in taxable accounts only and don't bother if it's held in a RSP, TFSA etc. I used to track them all but found it too time...
by big easy
16 Sep 2017 10:56
Forum: Financial Planning and Building Portfolios
Topic: Harvesting of capital gains
Replies: 9
Views: 458

Re: Harvesting of capital gains

I have heard of a similar strategy done just prior to retirement. This is to avoid loosing a big chunk of your savings in the first years of retirement and gradually building back up to your target equity allocation. Probably done over 0-3 years not 10 and preferably in early retirement when your ta...
by big easy
16 Sep 2017 10:44
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Preferreds
Replies: 1136
Views: 80291

Re: Preferreds

1. Go only for issues with highest available credit. That is anything below Pfd 2(L) should be ignored. 2. Assume the absolute worst will happen and only check the yield to worst, that is yield based on the earliest call date. 3. Go for floating issues that have the widest spread. Minimum 300 bps. ...
by big easy
09 Sep 2017 12:33
Forum: Financial Planning and Building Portfolios
Topic: Howard Marks' Memos - Bubbles & Bubbles on top of Bubbles
Replies: 31
Views: 4243

Re: Howard Marks' Memos - Bubbles & Bubbles on top of Bubbles

Finally got through the memo - great read, very informative and quite foreboding. I know someone holding ~50% of their portfolio in cash (just over $1mil) in their broker account - waiting. I don't think that's where a significant piece of their retirement plan should be, but I'm not sure I would d...
by big easy
30 Jun 2017 15:27
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETFS
Replies: 9
Views: 737

Re: ETFS

Thanks for that link. The back testing of the index against TSX Composite is promising and bears watching. I will be interested in what the holdings, and sector weights, are before recommending it. XDIV: 5 holdings represent 50% of the assets under management and include 4 of the big 5 banks. Finan...
by big easy
19 Jun 2017 19:52
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How to download data?
Replies: 106
Views: 25871

Re: How to download data?

It turns out a LibreOffice extension isn't even necessary. See [Solved] Stock Market Functions LO Calc Extension and in particular this post : To get stock quotes in Libre Office without using an extension, you can use the following... Enter into a cell: =NUMBERVALUE(WEBSERVICE("http: // download.f...
by big easy
07 Jun 2017 15:41
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 226
Views: 13305

Re: Clippings 2017

"It's a Stock Pickers market"...Again...no this time it's for real...well maybe. Investing Pro Growing gap between market winners and losers is good news for active management by Martin Pelletier, the Financial Post, June 5, 2017 "The benefits of diversification and active management are finally be...
by big easy
01 Jun 2017 15:27
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Stingy Investor
Replies: 262
Views: 22583

Re: Stingy Investor

The ongoing dividend tax friction may be minor but the end tax bill on CGs is not and, depending upon hold time can have a significant effect. Let's say a $100 non-reg investment doubles. That's 12 years at 6% (Rule of 72). At that point you croak and pay tax. $200-$100=$100 CG. 50% inclusion is $5...
by big easy
31 May 2017 15:44
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 226
Views: 13305

Re: Clippings 2017

Anyone heard of David Winters? Saw him on Consuelo Mack's Wealthtrack. He argues that S&P 500 index funds have actual expenses of 4.1% due to "The annual dilution of company shares issued for executive compensation can increase expenses an extra 2.5%" and "Ongoing company share buybacks to offset di...
by big easy
23 May 2017 10:53
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 226
Views: 13305

Re: Clippings 2017

Canada can't really support a superstar stock. To make sure you have one, hold VT. Remember what happened not only to Nortel but to Nokia in Finland. The one stock overwhelmed the market and gave too much risk. Only a large economy like the US can really support a superstar. As for Canadian stocks,...
by big easy
21 May 2017 12:12
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 226
Views: 13305

Re: Clippings 2017

Lazy Ninja, What is the source of your statement that the case for indexing appears much weaker in Canada ? Does it assume that the laws of arithmetic have been suspended? Au contraire mon ami! Canadian indexing it's a sector bet mathematically. Please explain. Note that I am not implying that one ...
by big easy
19 May 2017 15:28
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 395
Views: 24029

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

I just looked myself and have never seen a list that small either. There must be some strategy change going on in the background. Will have to watch and wait. By contrast, Scotia iTrade has offerings from 31 insitutions this morning, including Home Trust at 2.35%, Equitable Bank at 2.25% and CWB at...
by big easy
28 Apr 2017 16:36
Forum: Taxing Situations
Topic: I don't want a refund, the goal should be having taxes owing
Replies: 21
Views: 738

Re: I don't want a refund, the goal should be having taxes owing

If you are self employed (or have other income without tax withheld at source), can you make a voluntary installment to CRA on December 31 to reduce tax payable to below $3,000 and therefore avoid being forced to pay quarterly instalments in the following year? Nope. Suppose you think that you will...
by big easy
28 Apr 2017 11:38
Forum: Taxing Situations
Topic: I don't want a refund, the goal should be having taxes owing
Replies: 21
Views: 738

Re: I don't want a refund, the goal should be having taxes owing

My tax goal every year is to have a small balance owing (under the CRA $3000 threshold ) rather than planning for a tax refund. This is to avoid the CRA requirement of paying taxes by quarterly instalment. If you are self employed (or have other income without tax withheld at source), can you make ...
by big easy
04 Apr 2017 15:57
Forum: Financial News, Policy and Economics
Topic: Public Sector Salary Disclosure
Replies: 42
Views: 2188

Re: Public Sector Salary Disclosure

The threshold should probably go up with CPI as OGG suggested. $100k is not a huge amount of money though the average family income in Canada would think otherwise. OTOH, $138k is a pretty significant sum. Especially when this is only wages and overtime (I think), and does not include other salary ...
by big easy
04 Apr 2017 15:32
Forum: Financial News, Policy and Economics
Topic: Public Sector Salary Disclosure
Replies: 42
Views: 2188

Re: Public Sector Salary Disclosure

Why is it necessary to publish the names of people in the public service. Would an employee number not suffice. Would you like your name and salary published all over the internet? I didn't think so.
by big easy
11 Mar 2017 13:37
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: bond etfs
Replies: 31
Views: 1479

Re: bond etfs

I replaced my government bonds with a GIC ladder, with the rest of my fixed income in RRBs and CBH. CBH has a duration of under 5 and holds mostly AA & A corporate bonds. It has a better yield to maturity than VAB with less interest rate risk but more credit risk. If you are going to be spending the...
by big easy
08 Mar 2017 15:13
Forum: Financial Planning and Building Portfolios
Topic: Observations of Full Implementation (Jan 2017) of CRM2 on Your Accounts
Replies: 19
Views: 1745

Re: Observations of Full Implementation (Jan 2017) of CRM2 on Your Accounts

GreatLaker wrote:I got the following message from TDDI today. Performance reporting and fees will be reported in April.
2017?

I wonder if there are any penalties for late compliance. TD lagging behind the pack yet again. Too busy training their tellers to push expensive products to unsuspecting seniors?
by big easy
02 Mar 2017 15:43
Forum: Retirement, Pensions and Peace of Mind
Topic: Drip in a RRIF or not?
Replies: 33
Views: 1017

Re: Drip in a RRIF or not?

Except why would you not want to have withholding, especially for a lump sum withdrawal on the last trading day of the year? You have to pay the tax anyway come April....and it will factor into the calculation of your istallment payments paid quarterly too. My current plan is to potentially have ve...
by big easy
01 Mar 2017 16:00
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETFs vs. Mutual Funds
Replies: 14
Views: 589

Re: ETFs vs. Mutual Funds

I caught a CBC news story last night that described all ETFs as low cost vehicles replicating an index and all mutual funds as actively managed with high fees. As if mutual funds could not do the same thing (TDM900) and an ETF could not be a 2x leveraged bet on crude oil (HOU)? Surprising that the C...
by big easy
01 Mar 2017 15:43
Forum: Retirement, Pensions and Peace of Mind
Topic: Drip in a RRIF or not?
Replies: 33
Views: 1017

Re: Drip in a RRIF or not?

My wife has a RRIF with TDDI. Withdrawals are once a year, on the last trading day. The amount is determined based on the previous year's closing balance. TDDI shows the amount that will be withdrawn right on the account. The amount and timing of withdrawals are agreed upon when you set up the RRIF...
by big easy
01 Mar 2017 10:48
Forum: Retirement, Pensions and Peace of Mind
Topic: Drip in a RRIF or not?
Replies: 33
Views: 1017

Re: Drip in a RRIF or not?

So what are the mechanics of RRIF withdrawals? I'm with TD - do you take withdrawals manually as needed or can they be scheduled monthly or quarterly and taken autormatically? If automatically, what happens if you don't have enough cash/HISA on hand? Do you get a statement showing your RRIF withdraw...