Search found 434 matches

by dagan
17 Jul 2006 12:18
Forum: Now Hear This!
Topic: A discussion of moderation
Replies: 17
Views: 2595

Re: Mike and Mike discuss moderation

[Restored from backup 2006-07-18]
Well, you're discussing it and you seem to still be here.
Is that based upon the rules in place or someone's application of them?

A: You arrogant SOB!

B: I think that there should be an appeal process for banning so that posters can feel that they are being fairly judged.

Is comment A out-of-control flaming, or just spirited joshing between posters? Is comment B a harsh criticism of the board and a violation of the rules prohibiting discussion of moderation, or helpful and appreciated feedback within the spirit of this open and diverse community of posters? Will dagan be banned again, this time for discussing a topic in a thread started by the moderator?

Who the hell knows, to any of it.
by dagan
10 Jul 2006 21:48
Forum: Taxing Situations
Topic: Receipt for investment newsletter/services for tax purposes
Replies: 3
Views: 1074

[Restored from backup 2006-07-18] On the question of evidence, there is nothing unique to these costs. Anything that reasonably supports payment is helpful. The better the quality of evidence, the more helpful it is: credit card statments and email receipts should be good. On the non-question of deductibility, as a deduction from business income, it is common. Think about reading material in waiting rooms or how many businesses deduct newspaper subscriptions. As a deduction from personal income (investment or otherwise), subscription fees paid for financial magazines and newspapers are specifically prohibited. IT-238R2 Fees Paid to Investment Counsel NO: IT-238R2 DATE: October 6, 1983 SUBJECT: INCOME TAX ACT Fees Paid to Investment Counsel ...
by dagan
01 Jul 2006 14:08
Forum: Financial Planning and Building Portfolios
Topic: Lost my investing cookies
Replies: 78
Views: 12319

[Restored from backup 2006-07-18]

If variations of what you are doing does not work, why not try something different?

IMO, I can't control what the markets do, but I can control what I do by having an advance plan for the broad possible outcomes. IMO, you focus too much on the product when you should be focusing on controlling your behaviour.

What was you advance plan for a major decline? If you did not have one, then that was the problem, not what you bought. If you had one but cannot now follow it, perhaps you need a third party to pull the triggers for you.
by dagan
01 Jun 2006 20:54
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: +25 Year Amortization for Mortgages
Replies: 111
Views: 17638

Use a different rate and get a different result. There are many ways to argue the discount rate. 2% is not the only choice. I'd argue that 2% is too low for almost all situations even if actual inflation exactly = 2% because there is no return for risk in the number. Different risk, different time frames = different appropriate rates, which means it can be argued that two different rates should be used for two different scenarios. If the bank lends 25 year money at 5% and 50 year money at 6%, it can be argued that the 5% and 6% represents the rates that consider most all relevant factors and are the rates that should be used for a new loan. If 2% considered all relevant factors, wouldn't the bank lend at that rate? If the argument is that t...
by dagan
01 Jun 2006 19:09
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: +25 Year Amortization for Mortgages
Replies: 111
Views: 17638

Actually, steve, I agree with all of that. Your point is a good one.
by dagan
01 Jun 2006 17:27
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: +25 Year Amortization for Mortgages
Replies: 111
Views: 17638

A difference of $335 with all the unkowns and errors inevitably present in a 65 year projection, is insignificant. Second, the present value of any new loan should be the amount of the loan. IMO it is questionable to discount a 5% 25 year loan at any rate other than 5%. A 50 year loan should be discounted at the current rate of a 50 year loan. The 2 loans do not carry the same inherent risks and characteristics and should not be discounted at the same rate. If both the 25 year and the 50 year loan are discounted at their stated rate, then there is no difference. I agree that there is much confusing logic and possible logic, and differing views as to the 'right' answer on this issue alone, all such considerations weigh more than $335, which ...
by dagan
27 May 2006 16:25
Forum: Now Hear This!
Topic: People Who Hate Me
Replies: 29
Views: 4688

[Restored from backup 2006-07-18]

given the warning by moderatorQ on the commission thread, why isn't this thread considered unproductive and taunting?

Smelly, taunts people, takes some kind of pride in being 'annoying' but then cries foul when he gets anything back and a warning is issued?

Who is taunting who? Let's have some balance and consistency here. Or do you wait for someone to get sucky before taking a look at the then recent posts?
by dagan
27 May 2006 16:07
Forum: Financial Planning and Building Portfolios
Topic: Zeide and smelly face off over commission income
Replies: 190
Views: 27868

[Restored from backup 2006-07-18]

For the record, I'm not attacking anyone's character. I previously supported the point that he who makes the direct payment makes the decisions. I consider this a valid point and it was not conceded, nor responded to in any convincing manner. It received cracks and got cracks in return.

Read what I wrote. I can't see how it is considered so bad or any worse than much. I don't believe it deserved the response it got or a warning. But I find this whole topic boring with very little productive comments, insight, or intention to understand or communicate FROM ANYONE, including those crying foul. So I'll leave it.
by dagan
26 May 2006 20:33
Forum: Financial Planning and Building Portfolios
Topic: Zeide and smelly face off over commission income
Replies: 190
Views: 27868

[Restored from backup 2006-07-18]

How long have you been going at your life?

No. That isn't it. How long have you been spending contless hours spinning and twisitng to explain this single message. Is all this time in the best interest of your clients? Rather than working for them, you are explaining why you are worth your money posting hours upon hours on the internet.

In the interest of full disclosure, I bill by the hour and spend, I'd guess about a tenth of the time in the iternet that you do.

There is nothing more that you can do for your clients accounts with this time? Because it is hard to believe that you are serving their interests and not primarily your own.
by dagan
26 May 2006 01:20
Forum: Financial Planning and Building Portfolios
Topic: Zeide and smelly face off over commission income
Replies: 190
Views: 27868

[Restored from backup 2006-07-18]

Do you ever get tired of this? How many years has it been for you?
by dagan
26 May 2006 01:19
Forum: Financial Planning and Building Portfolios
Topic: Zeide and smelly face off over commission income
Replies: 190
Views: 27868

[Restored from backup 2006-07-18]
smelly wrote: Like government services? You and I don't pay welfare payments, the government does?
Yes. That's correct. Very good. I pay the government and they pay the welfare. These are separate. The relevant decision is not made by me. That is why we bitch and moan about it. If they were not separate, I would be able to change it, but I can't because they are.

Everybody pays for everything, and pays for everybody. This level of analysis is useless. The relevant decisions are the separate and direct ones representing the individual payments. This is what people directly choose and influence. This is what they are directly accountable for.
by dagan
25 May 2006 21:19
Forum: Financial Planning and Building Portfolios
Topic: Zeide and smelly face off over commission income
Replies: 190
Views: 27868

[Restored from backup 2006-07-18]

It is the direct payment relationship that matters. Each step in a series of independant payments, represents a separate decision. Otherwise everybody pays everybody for everything, and nothing is separate, ipso facto so to bullship speakso.
by dagan
23 May 2006 20:43
Forum: Now Hear This!
Topic: People Who Hate Me
Replies: 29
Views: 4688

[Restored from backup 2006-07-18]

Lessee, how much longer can we watch smelly talk about himself. To the extent I see myself, I'm actually embarassed and apologize to others for it.
by dagan
23 May 2006 20:40
Forum: Now Hear This!
Topic: People Who Hate Me
Replies: 29
Views: 4688

[Restored from backup 2006-07-18]

Hate is too strong a word. I'm just bored of your hollow bluster and skim past most of what you write now. I once thought that you would be a fun advisor to have but the relentlessness just becomes more boring an annoying. The most useful part is that it has actually made me think about my own online style. But, I'm sure that's what you were going for. :roll:
by dagan
20 May 2006 12:58
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Transfer of suspended mutual funds
Replies: 9
Views: 1580

[Restored from backup 2006-07-18] They tell me that I am not alone and many investors are in the same position. I'm confused. Why would many investors want to switch the fund from one broker to another? How is it costing you $30/month? I'm guessing that it's at ASL Direct, which charges $30 monthly but in this case, dagan is not getting his trailer rebate because there's no NAV on which to base the trailer. Does that about sum it up dagan? If so, don't you have other stuff at ASL so that you're not just paying the fee for this one fund? Investors regularly switch from broker A to broker B, so his affects more than just me. I think there is even a study that suggests that in good times investors switch to DIY accounts and in tough, nervous t...
by dagan
19 May 2006 16:15
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Transfer of suspended mutual funds
Replies: 9
Views: 1580

[Restored from backup 2006-07-18]

The back office has also suggested that the undertermined NAV (pricing) affects relative dealer compensation (old/new). The trailing commission on my holdings is <$1/month. It is costing me $30/month while the dealers' reflative entitlements to these pennies are being worked out.

Thank for the thoughts. I'll continue to investigate and pursue the fund for a little longer before filing the OSC complaint. Maybe also the IFIC?
by dagan
19 May 2006 15:55
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Transfer of suspended mutual funds
Replies: 9
Views: 1580

[Restored from backup 2006-07-18] This issue is Retrocom Growth. Don't ask why I bought it a number of years ago. I have regretted it since the period when they were using IIRC, Gordon Pape to plug it in advertisements. Redemptions were suspended Dec./05 and IIRC, a lawsuit is in progress with one of the institutional investors. The back-end office will not process any transfers. Unofficially, they claim that this is on the instruction of the fund company and could relate to the calculation of dealter trailer commissions between old and new dealer. They tell me that I am not alone and many investors are in the same position. I have reveiwed the fund Prospectus. The question to be answered is under what authority are transfers between eligib...
by dagan
19 May 2006 15:37
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Labour-sponsored venture capital funds
Replies: 299
Views: 83127

[Restored from backup 2006-07-18]

Bruce, I'll answer this there to keep it in the one sopt? Thanks!
by dagan
19 May 2006 15:01
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Labour-sponsored venture capital funds
Replies: 299
Views: 83127

[Restored from backup 2006-07-18]

Smelly, I've asked for any help possible on finding a way around road blocks that have been created that prevent a transfer of mutual funds between eligible accounts because suspension and lack of pricing affects calculation of dealer trailer commissions. Thousands of unit holders are affected and it is costing some of them money. It is more than a potential or perceived possible problem and many people could be helped and would be grateful, including me.
by dagan
19 May 2006 14:50
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Transfer of suspended mutual funds
Replies: 9
Views: 1580

[Restored from backup 2006-07-18]

How about smelly? Here is a real issue that is affecting clients and costing money. But no one cares because it might affect dealer commission calculations.

There would be more worth and gratitude to help on a real issue like this than to spend as much time as is, on perceived injustices potentially caused by journalists.

For anyone who cares about helping thousands of small investors caught up in this, thank you in advance.
by dagan
19 May 2006 14:43
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Transfer of suspended mutual funds
Replies: 9
Views: 1580

[Restored from backup 2006-07-18]

Anything? Nothing?

The only headway I am making is that they won't do this is because the the suspension of pricing could affect calculation of dealer trailers. Great! It sounds like an OSC complaint to me.

I was hopeful that some could offer some practical insight. If not for me, than for the more general small investor consumer issue that underlies.
by dagan
19 May 2006 14:36
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Labour-sponsored venture capital funds
Replies: 299
Views: 83127

[Restored from backup 2006-07-18] So if I'm reading you right, unless any damage has occured and can be quantified and unless it's relatively significant, there is no need to be concerned? That's where we're different Dagan. I can perceive potential problems and I care enough to raise a warning flag. The issue is whether there is actually a problem or whether you just perceive that there might be one. I see the latter, and you appear to be resisting the logical call to evidence that would help you argue that it's the former. Without it, we just have your biased perceptions and complaints about having to advise your clients on these issues. I think you're chasing ghosts. I see no end to it or even much intention to further it with substance,...
by dagan
18 May 2006 14:46
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Transfer of suspended mutual funds
Replies: 9
Views: 1580

Transfer of suspended mutual funds

[Restored from backup]

Can mutual funds that have been suspended from trading, be transferred to another brokerage account? If so, how? If not, why not?

ISTM that a fund suspension prevents a sale of the fund. But a broker is just a nominee who holds for the account holder. An account holder should be able to transfer between eligible accounts, despite the suspension of sales.

I would be very grateful for any insight and help.

Thank you.
by dagan
18 May 2006 14:36
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Labour-sponsored venture capital funds
Replies: 299
Views: 83127

[Restored from backup 2006-07-18] Smelly, despite my quirky style, I am NOT saying that I don't care about this or that I don't care if people are hurt. On the contrary. But it is an issue of perspective and relevance. If you care that people could be hurt from this, then you should be interested in finding out the magnitude of the problem, which is the basis of the question of how many people are affected. If no one is affected, or there is no evidence of it, then you are chasing ghosts. As you know, I can be very passionate about many things. I also know a few things about losing balance and perspective. If you are content to rail against perceived wrongs in the face of little to no evidence, and in a manner that outwardly appears unbalan...
by dagan
18 May 2006 00:37
Forum: Community Centre
Topic: Spam, spam, spam
Replies: 125
Views: 4166

[Restored from backup 2006-07-18]

It's past time to get tough with spammers. There should be a nominal charge per email and violaters should face stiff penalties.