Search found 541 matches

by big easy
15 Jan 2018 15:43
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: 2018 Predictions Contest
Replies: 11
Views: 541

Re: 2018 Predictions Contest

I think it will either be a really good year or really bad one. I'm leaning towards a good one.

S&P500: 3,300
TSX: 18,000
GOLD: $1,400
OIL: $69
CAD: 0.81
by big easy
12 Jan 2018 18:13
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 42
Views: 1059

Re: Best Credit Card (2016-2018)

Nope. Mine expires in 2021 and I got the same notice.
by big easy
29 Dec 2017 16:09
Forum: Financial Planning and Building Portfolios
Topic: Outstanding Financial Pornography
Replies: 632
Views: 110226

Re: Outstanding Financial Pornography

http://www.cbc.ca/news/business/cannabis-stocks-halts-1.4467709 Vahan Ajamian, a research analyst with Beacon Securities Ltd., said the sudden drops in cannabis companies' stock prices could be explained by year-end profit taking. "All these stocks have had a fantastic few days and months," he said...
by big easy
25 Dec 2017 17:59
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Bust 2017
Replies: 342
Views: 14622

Re: Housing Bust 2017

Many world class cities have much bigger populations than Toronto or Vancouver, yet do not have that much land which can be used for housing development. They have learned to cope, and indeed do very well. Surely, the solution to the problems in both Toronto and Vancouver is not to try to limit gro...
by big easy
24 Dec 2017 11:44
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Mutual Fund vs. ETF
Replies: 7
Views: 436

Re: Mutual Fund vs. ETF

I've got a whack of TD e-series in taxable accounts with big capital gains. I am now stuck paying 0.3-0.5% MERs on them because I don't want to sell and trigger the capital gains tax. That said, I've got big capital gains :D . Stay the course, don't trade frequently and you'll be fine either way. If...
by big easy
23 Dec 2017 21:35
Forum: Financial Planning and Building Portfolios
Topic: Auto insurance: 1 million or 2?
Replies: 44
Views: 9853

Re: Auto insurance: 1 million or 2?

http://bc-injury-law.com/blog/category/icbc-brain-injury-cases-british-columbia-personal-injury-law “Mild” Concussion Leads to $5.9 Million Judgement January 20th, 2014 I can put it no better myself than the beginning of the judgement which reads “Occasionally a seemingly innocuous event can have t...
by big easy
22 Dec 2017 11:23
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Bust 2017
Replies: 342
Views: 14622

Re: Housing Bust 2017

As pointed out upthread, I want my hard working kids to live where they were born and near me - but I guess that's being entitled. No. Its closer to being unrealistic. But two quotes come to mind: "Everybody has a plan until they get punched in the face." "Don't spend time beating on a wall, hoping...
by big easy
21 Dec 2017 15:51
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Bust 2017
Replies: 342
Views: 14622

Re: Housing Bust 2017

I don't mind taking money off foreigners in these kinds of instances, if they are stupid enough to throw it around, but there is a lot of significant collateral damage, namely that this artificial demand has driven up housing prices, especially condos in places like GVR and GTA, and shut hard worki...
by big easy
19 Dec 2017 16:00
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Bust 2017
Replies: 342
Views: 14622

Re: Housing Bust 2017

5% of properties owned by foreigners does not sound like a lot but if it was 1 or 2% ten years ago, that puts a different face on it. I wonder what percentage of sales were to foreign buyers in recent years? Maybe CHMC and the RE boards have a vested interest in downplaying the role of foreign owner...
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: 26
Views: 764

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: 345
Views: 20268

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: 342
Views: 14622

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: 504

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: 6146

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: 345
Views: 20268

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: 14
Views: 496

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: 638

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: 182
Views: 29127

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: 182
Views: 29127

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: 182
Views: 29127

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: 182
Views: 29127

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: 345
Views: 20268

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: 3885

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.