Search found 358 matches

by nile
09 Mar 2024 13:31
Forum: Retirement, Pensions and Peace of Mind
Topic: How are you actually using your TFSA?
Replies: 105
Views: 7974

Re: How are you actually using your TFSA?

rbreeze wrote: 09 Mar 2024 12:47 I'm 67 years old and I want the additional tax-free income. As well, at the beginning of the new year, my TFSA contribution room increases by an additional $15,600 (plus whatever the announced contribution allowance is for a given year) and I can move $15,600 worth of ETFs (in-kind) from my non-registered cash account into my TFSA account. This action works, year after year, to incrementally decrease the tax bill for my non-registered account and increase my holdings (and income) in my TFSA.
/R
When you transfer assets in kind from non registered to TFSA would you not , from a tax perspective, consider these same assets as sold and pay capital gains? Pay yearly if you do yearly?
by nile
03 Mar 2024 14:17
Forum: Community Centre
Topic: Nurse Practitioners / Physician Assistants
Replies: 94
Views: 2674

Re: Nurse Practitioners / Physician Assistants

I am in a group family practice in Ontario with eight other physicians. We recently hired a physician assistant to be shared between me and one other physician. She is allowed to write prescriptions and see patients independently and review with us afterwards. She’s not allowed to write prescriptions for controlled substances, however.
by nile
18 Feb 2024 09:59
Forum: Retirement, Pensions and Peace of Mind
Topic: Decumulation? Really?
Replies: 94
Views: 5661

Re: Decumulation? Really?

I am currently within three or four years of retiring. Currently can live on dividends alone with the current yield is 4 1/2 to 5% of the portfolio. What would the forum say I should withdraw from my portfolio in addition to these dividends, if I want to de-accumulate in my retirement?
by nile
23 Jan 2024 15:43
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What is the value of your TFSA today
Replies: 24
Views: 1817

Re: What is the value of your TFSA today

Fully contributed
Just shy of 250k
Wife's exactly the same
1 stock only but rotate that stock based on performance
When price goes up( lower yield) I sell and buy a higher yielding
Stock
Currently BNS
Usually 1 or 2 trades per year.
by nile
08 Jan 2024 17:31
Forum: Community Centre
Topic: flying in comfort - business class?
Replies: 82
Views: 3897

Re: flying in comfort - business class?

Google flights has options for economy, Premium economy and business class. You can then pick airlines, layover length and departure and arrival times with filters
by nile
02 Jan 2024 14:47
Forum: Financial Planning and Building Portfolios
Topic: How did you do in 2023?
Replies: 97
Views: 7489

Re: How did you do in 2023?

Money weighted IRR. All equity. All Canadian large cap dividend focus

1 YR 14.5%
3 YR 14.7%
5 YR 12.6%
by nile
19 Dec 2023 17:56
Forum: Financial Planning and Building Portfolios
Topic: Stocks versus ETFs
Replies: 102
Views: 6779

Re: Stocks versus ETFs

like_to_retire wrote: 19 Dec 2023 17:02 100% Canadian Blue Chip equities.

I certainly enjoy the Canadian dividend tax credit, with a single T5 slip at tax time.

No T3 slips, no 'foreign income', no 'return of capital', no 'other income', no 'reinvested capital gains', no 'special distribution', and no 'phantom capital gain'.

Very simple portfolio of equal sectors. Over a decade of beating the index.

ltr
Hi ltr
I too am 100 percent Canadian blue chip
I can’t pm you but would you mind sharing you top 20 holding to see if I am missing something?


Thanks. Nile
by nile
19 Oct 2023 17:06
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What and why did you Buy? What might you buy? (2023)
Replies: 193
Views: 30508

Re: What and why did you Buy? What might you buy? (2023)

Bought HEQT today
Put limit order in last week for 13.69
Was filled earlier this afternoon
Currently an all Canadian large cap dividend portfolio across all accounts including Corporation.
Low cost all in one ETF. Needed to look for more capital gains and US and foreign exposure.
Hopefully has little in the way of distributions.
by nile
27 Sep 2023 14:10
Forum: Community Centre
Topic: Covid 19 - Vaccine shots
Replies: 66
Views: 4577

Re: Covid 19 - Vaccine shots

My wife and I have had 6 each
Nothing
Nil
Nada
by nile
01 Sep 2023 15:37
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD One-Click Suite of ETF's
Replies: 44
Views: 3341

Re: TD One-Click Suite of ETF's

The management fee was reduced from 0.25 to 0.15
by nile
01 Sep 2023 13:54
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD One-Click Suite of ETF's
Replies: 44
Views: 3341

Re: TD One-Click Suite of ETF's

The all in 1 ‘s have a mer of 0.15%. Good by me. As long as that it all in fees
by nile
17 Aug 2023 13:34
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: HISA ETFs / Cash ETFs
Replies: 64
Views: 7574

Re: HISA ETFs / Cash ETFs

I use the horizons product CASH and I've been very happy with it so far
Net yield 5.3 payed monthly
by nile
14 Aug 2023 13:59
Forum: Financial Planning and Building Portfolios
Topic: Margin Loan Interest Rates
Replies: 9
Views: 772

Re: Margin Loan Interest Rates

AltaRed wrote: 14 Aug 2023 12:57 You will have to run your own Monte Carlo, or similar, simulations. What is the probability of getting a higher equity return on an after tax, multi-year rolling forward basis than the certain 100% cost of margin interest? What does your crystal ball say?

You may wish to use the Financial Assumption Guidelines for your assessment, or Norm's Asset Mixer for historical periods to project the future, or?
Or just pay of the loan!!
by nile
14 Aug 2023 13:45
Forum: Financial Planning and Building Portfolios
Topic: Margin Loan Interest Rates
Replies: 9
Views: 772

Re: Margin Loan Interest Rates

SQRT wrote: 14 Aug 2023 12:58 Really depends on your view of future markets I think. If your margin loan is at prime (fully deductible) and your div yield (after tax) is around 2- 3%, there will be a 1%-2% or so deficiency. Do you expect the markets to go up by more than that? How much risk do you feel comfortable with?How leveraged is the portfolio?
Interest rate currently 6.95%
is is currently 8 percent leverage in this account
3 percent across all accounts
Paying 1 or 2 percent margin loan interest rate as seems a no brainier but at 7 percent I'm not so sure.
Was thinking of buying hgro with new money. Not adding to loan amount just not paying it off with new money.
by nile
14 Aug 2023 12:41
Forum: Financial Planning and Building Portfolios
Topic: Margin Loan Interest Rates
Replies: 9
Views: 772

Margin Loan Interest Rates

At what sort of interest rate does paying interest on a margin not make sense to buy all in one ETF like like veqt?
Would not be in a registered account
In other words, should I pay my margin loan down or continue to use my margin to buy equities?

Thanks
by nile
31 Jul 2023 17:52
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD One-Click Suite of ETF's
Replies: 44
Views: 3341

Re: TD One-Click Suite of ETF's

So essentially what we’re saying is all the underlying ETFs in VGRO or tgro do not have any expenses/ no mers at all and I only pay .15% total plus operating costs and HST.
by nile
31 Jul 2023 16:07
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD One-Click Suite of ETF's
Replies: 44
Views: 3341

Re: TD One-Click Suite of ETF's

I noticed that Toca or T gro was made up of 10 TD ETFs. Am I right in assuming I’m only paying A TOTAL MER of .15% ? not .15% plus whatever the other ETFs charge?
by nile
21 Jul 2023 12:02
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What are your top holdings? (2013-2020 and counting)
Replies: 261
Views: 29979

Re: What are your top holdings? (2013-2020 and counting)

BNS. 15%
Mfc. 12.5
Pow. 10.5
T. 10.5
BCE. 10.3
Enb. 10.1
Ppl. 9.3
Gwo 5.3
Cm. 4.8
Cnq. 4 2
by nile
24 Jun 2023 10:36
Forum: Community Centre
Topic: Cellphones 2023 and onwards [and plans]
Replies: 87
Views: 5411

Re: Cellphones 2023 and onwards [and plans]

I have a Google seven Pro which I really like. It is android-based. Never had any problems with it. I believe was about $700 on sale. I’ve used E Sims in Europe a couple of times with no issues. I use the Apple app for music on the android phone with no issues and I can also connect Apple earbuds to my android and no problems.

A couple of members of my household use Apple products, and I use an Apple iPad but I’m not a huge supporter mostly because I don’t own any of the stock.

And lastly, I try not to fiddle with staff because it could get me into trouble.
by nile
22 May 2023 18:59
Forum: Community Centre
Topic: flying in comfort - business class?
Replies: 82
Views: 3897

Re: flying in comfort - business class?

My research has shown that three months prior to flight is the sweet spot and I’ve had good luck with American Express and business class pricing
by nile
06 May 2023 12:02
Forum: Community Centre
Topic: Science is amazing
Replies: 818
Views: 55673

Re: Science is amazing

I remember in university, listening to a mathematics professor go through the calculations, mathematically, of the possibility of life existing elsewhere in the universe. After he went through all of the variables, his final conclusion that the possibility of life existing somewhere else with essentially zero.
by nile
05 May 2023 10:09
Forum: Under the Mattress: Protecting Your Money
Topic: CIBC online banking
Replies: 25
Views: 3766

Re: CIBC online banking

tedster wrote: 05 May 2023 09:33 Oddly enough lately I have been able to log in to CIBC without a need to verify.
These problems are one of my greatest headaches when I travel. I'm not sure of the technology behind a text/ and SMS or a push notification etc. When I travel I'm not sure if I should buy an esim data only for Europe or a buy a phone data and text ESIM for Europe.
Last time I went I bought an eSIM for all three just for my wife's phone and then I was able to hook up through a hotspot and it seemed to work okay with SMS/ push notifications on my phone
by nile
25 Mar 2023 08:58
Forum: Financial Planning and Building Portfolios
Topic: ETF for “Rothery Stable Dividend Portfolio”?
Replies: 27
Views: 3451

Re: ETF for “Rothery Stable Dividend Portfolio”?

I had a look at the 20 stocks in norm's stable dividends screen. Seems to be a lot of utilities and financial/ life cos. Of the 20. I own eight. The current yield on the 20 stocks is approximately 4.8% which is high. you invest 5% in each stock and once a year rebalance. I do like most of the names though
If I don't like a name, am I allowed to kick it out? :rofl:
What names don't you like?
by nile
19 Mar 2023 10:01
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Hamilton HMAX
Replies: 30
Views: 2296

Re: Hamilton HMAX

Hey Mr. Mike ,

It's not off the table because the market's down as I realize that everything is down. Its off the table because of the high MER and the possibility that it's just return of capital that's a bulk of the 14 or 15% yield
If somebody can explain to me how to obtain a 15% yield just using covered calls with no margin without any return of capital then I might consider buying it. But unfortunately I don't think anyone will be able to do that. I do like the underlying constituents and I would think I should be able to get those with the invesco ETF