Search found 190 matches

by EmperorCoder
02 Sep 2017 14:30
Forum: Retirement, Pensions and Peace of Mind
Topic: Income taxes pushing me towards retirement
Replies: 56
Views: 2295

Re: Income taxes pushing me towards retirement

Although I don't feel particularly ready to retire, the weight of income taxes in my budget makes me wonder whether I should consider doing so. I wonder if others have felt the same way in the past and how they have reacted to it. I came to the exact same conclusion as you did early 2017. I happen ...
by EmperorCoder
01 Jan 2017 17:24
Forum: Financial Planning and Building Portfolios
Topic: Portfolio Returns 2016, along with 5, 10 year CAGR Performance
Replies: 101
Views: 5537

Re: Portfolio Returns 2016, along with 5, 10 year CAGR Performance

It is evident from what you have written that you are not cherry picking what yields you are sharing with FWF. I presume that you are not including new capital as a part of your yield. For example, the addition of 25K$ of new capital to a 50K$ portfolio, without any internal growth would give a 1 y...
by EmperorCoder
01 Jan 2017 14:34
Forum: Financial Planning and Building Portfolios
Topic: Portfolio Returns 2016, along with 5, 10 year CAGR Performance
Replies: 101
Views: 5537

Re: Portfolio Returns 2016, along with 5, 10 year CAGR Performance

My overall result this year is 16.9%

Holdings are 100% equities, mostly US-denominated. S&P 500 return was 8.21% this year in CAD, so I am satisfied with my result.

CAGR for various time frames :

1 year: 16.9%
3 years: 20.8%
5 years: 31.8%
All Time (11 years): 20.1%
by EmperorCoder
01 Jan 2016 10:00
Forum: Financial Planning and Building Portfolios
Topic: How did you do in 2015?
Replies: 85
Views: 3881

Re: How did you do in 2015?

My portfolio is almost 100% unhedged US equities. XIRR accross all accounts I manage myself was 23.9% for the year. I beat the S&P 500 by a slight margin. AFAIK it performed to the tune of 21.65% when expressed in CAD$, including dividends. The exchange rate did most of the work, as equities themsel...
by EmperorCoder
29 Dec 2015 09:29
Forum: Retirement, Pensions and Peace of Mind
Topic: How Much is Enough 2015
Replies: 168
Views: 14467

Re: How Much is Enough 2015

Because it is a joint account, all of this $210,000 in investment income can be split equally between Tom and Mary. I believe this is incorrect. Unless they have contributed equally to the account, they would have to report the income proportionally to their individual contribution. I wonder if CRA...
by EmperorCoder
25 Feb 2015 21:40
Forum: Taxing Situations
Topic: RRSP rollover to spouse upon death
Replies: 5
Views: 267

RRSP rollover to spouse upon death

I read it was possible for a surviving spouse to rollover the RRSP of the deceased into its own, thereby delaying taxation upon the death of the surviving spouse. In practice, is there anything that prevents the rollover to be repeated ad infinitum if the surviving spouse finds a new (ideally younge...
by EmperorCoder
10 Jan 2015 13:37
Forum: Taxing Situations
Topic: Online orders vs provincial sales tax ?
Replies: 3
Views: 432

Online orders vs provincial sales tax ?

I am about to make a big ticket purchase online. The seller is in the USA. The product is to be delivered by mail. However I am pondering the idea of specifying a billing address in Alberta although the shipping address would be in Quebec to avoid the provincial sales tax that applies to my province...
by EmperorCoder
06 Apr 2014 10:20
Forum: Financial Planning and Building Portfolios
Topic: RESP Transfer : Who keeps track of what ?
Replies: 6
Views: 1055

Re: RESP Transfer : Who keeps track of what ?

Thanks for the link, somehow it didn't came up in my research. :oops: Lots in good stuff there.
by EmperorCoder
05 Apr 2014 16:06
Forum: Financial Planning and Building Portfolios
Topic: RESP Transfer : Who keeps track of what ?
Replies: 6
Views: 1055

Re: RESP Transfer : Who keeps track of what ?

No answers ?

I guess not many people have tried transferring RESPs. Or they simply don't know/care what will happen when they start withdrawing from the account a few years from now.

Either way, I will attempt the experience and will report anything I've learned in the process to this thread.
by EmperorCoder
30 Mar 2014 16:25
Forum: Financial Planning and Building Portfolios
Topic: RESP Transfer : Who keeps track of what ?
Replies: 6
Views: 1055

RESP Transfer : Who keeps track of what ?

I am pondering switching to a different provider for my RESP account. After reading a bit, I am under the impression that my current provider should have kept track of things like total contributions I made, total grants the account received, and time since the account was opened. All this info will...
by EmperorCoder
01 Jan 2014 19:27
Forum: Financial Planning and Building Portfolios
Topic: 2013 Investment Portfolio Results
Replies: 127
Views: 5484

Re: 2013 Investment Portfolio Results

Congratulations! That's a nice number. Do you mind sharing your top 5-10 holdings and their portfolio weights? My biggest winners this year were AIZ and NDAQ but I've completely sold out in the second half of the year. My portfolio is quite concentrated and turnaroud is high as long as I find stock...
by EmperorCoder
01 Jan 2014 15:42
Forum: Financial Planning and Building Portfolios
Topic: 2013 Investment Portfolio Results
Replies: 127
Views: 5484

Re: 2013 Investment Portfolio Results

My XIRR for 2013 is 55.1%, including dividends an fees, pre-tax.

Allocation is roughly 105% US equities.

Performance came mostly from financials and insurance companies, magnified by the USD/CAD differential.
by EmperorCoder
01 Jun 2013 21:32
Forum: Financial Planning and Building Portfolios
Topic: Where are you in your investing life cycle?
Replies: 64
Views: 3687

Re: Where are you in your investing life cycle?

I presume that you are not including personal real estate in your number. Would you mind telling me what sort of IRR (internal rate of return) it took to get you there?? I don't own any real estate, but I plan to eventually when valuations come back to earth. I track my net worth since 2007. I've e...
by EmperorCoder
01 Jun 2013 18:24
Forum: Financial Planning and Building Portfolios
Topic: Where are you in your investing life cycle?
Replies: 64
Views: 3687

Re: Where are you in your investing life cycle?

Can you describe your investment style? Only stocks, with a bit of leverage when valuations are appealing (never more than 10% leverage) I own 5 to 8 stocks at a time, I do lots of research. I am mostly a value investor. I buy when it's cheap and sell when it's fairly valued. So buy and hold is not...
by EmperorCoder
01 Jun 2013 16:41
Forum: Financial Planning and Building Portfolios
Topic: Where are you in your investing life cycle?
Replies: 64
Views: 3687

Re: Where are you in your investing life cycle?

As a proud DIYer, my savings have recently crossed the million-dollar mark. I think my achievement is remarkable in a couple of ways : I'm only 35 years old The money was accumulated solely through saving and investing (no inheritances) I am employed and work regular hours (no business income) A div...
by EmperorCoder
01 Jan 2013 17:44
Forum: Financial Planning and Building Portfolios
Topic: So how did you do in 2012?
Replies: 114
Views: 4110

Re: So how did you do in 2012?

My XIRR for 2012 is 45.44%, including dividends an fees.

Allocation is roughly 105% equities (slightly using margin, portfolio was almost exclusiely in US equities over the year)
by EmperorCoder
24 May 2012 23:03
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What are your top 5 holdings?
Replies: 113
Views: 5945

Re: What are your top 5 holdings?

As a percentage of my net worth :

HBNC 33%
OZRK 19%
ANCX 16%
MA 11%
WFC 6%

Yes, I like US financials :thumbsup:
by EmperorCoder
14 Apr 2012 10:53
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell, what might you sell? (2012)
Replies: 216
Views: 21241

Re: What did you sell, what might you sell? (2012)

Completely sold out AEB for a 35% gain in 4 months, not bad :p

Raising cash for the "sell in May" specials.
by EmperorCoder
13 Apr 2012 20:23
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Google (Symbol-GOOG)
Replies: 132
Views: 20365

Re: Google (Symbol-GOOG)

Google's Android strategic venture is starting to pay off

http://news.investors.com/article/60779 ... rop-ok.htm
by EmperorCoder
23 Jan 2012 20:27
Forum: Financial News, Policy and Economics
Topic: Clippings 2012
Replies: 308
Views: 25474

Re: Clippings 2012

A Better Tax System Recipe : BROADEN THE BASE AND LOWER RATES TAX CONSUMPTION RATHER THAN INCOME TAX BADS RATHER THAN GOODS KEEP IT SIMPLE, STUPID Filling out tax returns will never be a delight. But if reform included simplification, the task might become a bit less onerous. And if a few accountan...
by EmperorCoder
12 Jan 2012 21:24
Forum: Financial News, Policy and Economics
Topic: Clippings 2012
Replies: 308
Views: 25474

Re: Clippings 2012

The average taxfiler who paid no tax and earned 70-80k had 21k in txbl amount of dividends. Wow, this statistic is like a punch in the face. A tax system that allows such high income earners to pay no income tax cannot be considered fair. Do you consider Alternative Minimum Tax in these statistics ?
by EmperorCoder
12 Jan 2012 19:08
Forum: Financial News, Policy and Economics
Topic: Clippings 2012
Replies: 308
Views: 25474

Re: Clippings 2012

The taxtips.ca calculator, for example, says the rentier realizing $50k in capital gains and $40k in Canadian dividends pays only about 5% of it in personal federal income tax. That was the kind of fear I tried to express by saying the dividend tax credit would be an easy target for being cut. Even...
by EmperorCoder
10 Jan 2012 23:07
Forum: Financial News, Policy and Economics
Topic: Clippings 2012
Replies: 308
Views: 25474

Re: Clippings 2012

Flaherty’s tax credits cost Ottawa billions Am I the only one getting depressed when I read this : The review of tax records found that nearly 42 per cent of Canada’s 24.9 million tax filers paid no tax at all once credits were claimed. As a result, Canada’s personal tax base in 2008 came from 14.3...
by EmperorCoder
04 Jan 2012 16:12
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell, what might you sell? (2012)
Replies: 216
Views: 21241

Re: What did you sell, what might you sell? (2012)

Trimming my Bank of the Ozarks (OZRK) position, although I'm in for the long run. I'm willing to hold this stock even if it gets a bit overvalued compared to my other holdings.

The trim is simply to rebalance my portfolio a bit after this particular stock shot close to 15% of my net worth in 2011.
by EmperorCoder
02 Jan 2012 12:47
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Stalking 10 baggers
Replies: 36
Views: 2509

Re: Stalking 10 baggers

Unless you have a very long investing horizon, I think you cannot expect to find 10-baggers by looking at well established companies with proven business models. Those already have their growth potential priced in. You have to be looking for businesses that are on the verge of a major shift in their...