Search found 4770 matches

by BRIAN5000
29 Mar 2017 00:56
Forum: Retirement, Pensions and Peace of Mind
Topic: retiring early at 50 - defined benefit pension
Replies: 19
Views: 453

Re: retiring early at 50 - defined benefit pension

A little older but still maybe some same concerns. I retired at 54, 4 days before my 55 birthday so I was able to draw my pension at the beginning of the next month, no reduction for drawing at 55 (had to kick-in X dollars from retiring bonus or they would have reduced it if I drew it before 65) but...
by BRIAN5000
21 Mar 2017 18:35
Forum: Financial News, Policy and Economics
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 109
Views: 746

Re: Clippings 2017

gaspr wrote:
21 Mar 2017 16:09
A good longevity illustrator

http://www.longevityillustrator.org/Profile?m=1
Very Good link :thumbsup:
by BRIAN5000
16 Mar 2017 18:19
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Backdoor Rent Increase?
Replies: 10
Views: 277

Re: Backdoor Rent Increase?

He came up to our unit to the get the new agreement signed so we didn't really have a choice.
What he just showed up at the door one night unannounced, smart, did he come in as well sit and chat? (aka have a look around)
by BRIAN5000
16 Mar 2017 17:48
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Backdoor Rent Increase?
Replies: 10
Views: 277

Re: Backdoor Rent Increase?

He wasn't going to renew if that new clause wasn't ticked and initialed. If no one renews it went to a month to month before you signed the new clause, you didn't want month to month? Now he doesn't have to give you notice, it's been given? Phone the Tenancy Branch and see what they say maybe would...
by BRIAN5000
14 Mar 2017 15:40
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 116
Views: 12868

Re: What did you Buy? What might you buy? (2017)

This was only a 5% drop for TD, on average there are three 5% drops per year over the last 110 years, someone ring a bell when it breaks $55.
by BRIAN5000
14 Mar 2017 11:47
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Dividend and distribution hikes (2017)
Replies: 97
Views: 9797

Re: Dividend and distribution hikes (2017)

Don't see this listed but I may have missed it being reported. Coca Cola (NYSE: KO) declared a quarterly dividend of $0.37 per share, or $1.48 annualized. This is a 5.7% increase from the prior dividend of $0.35. This was the company's 55th consecutive annual dividend increase. The dividend will be ...
by BRIAN5000
12 Mar 2017 23:30
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 492
Views: 34417

Re: Canadian Banks

George is right. More simply put Tied selling in the context of Canadian banks is telling a client the bank will only approve a mortgage if the client moves their investments to the bank or its subsidiary. Saying the client can get a better rate if they move the busiess is not tied selling but bund...
by BRIAN5000
12 Mar 2017 18:13
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: bond etfs
Replies: 30
Views: 1192

Re: bond etfs

Hopefully AltaRed will have some comments because he used to hold ZCM I think it should be a contender, they should chop the Mer on this.
by BRIAN5000
11 Mar 2017 12:09
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 492
Views: 34417

Re: Canadian Banks

The CU contacted me and said they would give me a better rate is I transfer This type of salesmanship is illegal it's called tied selling. Does this apply to CUs? (And I guess the regs would vary province to province). I thought tied selling prohibitions was a federal bank act thing. Now only if th...
by BRIAN5000
11 Mar 2017 02:20
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 492
Views: 34417

Re: Canadian Banks

About 10 years ago I had a CU mortgage on a rental property. I was working on transferring the mortgage to ING who had a much superior interest rate. The CU contacted me and said they would give me a slightly better rate if I would transfer my investments to their collateral brokerage arm and took ...
by BRIAN5000
10 Mar 2017 14:56
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 492
Views: 34417

Re: Canadian Banks

My experience on the front lines and in talking to former colleagues is that there is a lot of pressure for sales quotas on tellers.
I don't get much any hassle from Tellers, mostly from small Branch managers and one level below.
by BRIAN5000
10 Mar 2017 14:47
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 116
Views: 12868

Re: What did you Buy? What might you buy? (2017)

I'm starting to find that $2 here or there is really minor in the overall gains of the portfolio. If your talking about an overall transaction on $5 - 10,000 sure $2.00 isn't much if your refering to per share that's a little different. I hold just over a total of 40,000 shares (all shares in each ...
by BRIAN5000
10 Mar 2017 12:30
Forum: Financial News, Policy and Economics
Topic: Historic Stock Market Levels
Replies: 34
Views: 762

Re: Historic Stock Market Levels

At these interest levels FI is useless in taxable accounts once you tax it back each year and adjust for risk, and I am completely unwilling to commit new funds at historic market levels.
Everyone is in the same boat, breaking even or eeking out a 1-3% real return is all I hope for.
by BRIAN5000
09 Mar 2017 12:38
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Preferreds
Replies: 1069
Views: 73862

Re: Preferreds

I will guess James doesn't like them because they are 5 year money (likely to be called) and thus quite like 5 year GICs. These seem like souped-up rate resets to me. But if rates were to start rising rapidly, it could be worthwhile for them not to cash out, if I understand them correctly. Seems un...
by BRIAN5000
08 Mar 2017 16:35
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 49
Views: 4824

Re: What did you sell? What might you sell? (2017)

Shakespeare wrote:Sold 2/3 of my BMO. Equities are above target and 3.4% yield is too low (i.e. it's overpriced).
IQT says overvalue yield is 2.6% where did the 3.4% come from?

From their sample https://www.iqtrends.com/
by BRIAN5000
08 Mar 2017 13:42
Forum: Under the Mattress: Protecting Your Money
Topic: Stability of Manitoba credit unions?
Replies: 24
Views: 500

Re: Stability of Manitoba credit unions?


While probably mentioned elsewhere...Cdn Tire has a 5 year GIC at 2.5 % ....CDIC insured
and Oaken 1.5% Calculated daily and paid monthly or 1.65% cashable after 90 days TWO CDIC insurers so $200,000.

Anyone had any negotiations with BNS for GIC's lately?
by BRIAN5000
08 Mar 2017 12:31
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 492
Views: 34417

Re: Canadian Banks

"Canadian bank shares have moved up significantly but is it justified or do they have more room to grow? Mario Mendonca, Research Analyst, TD Securities, talks to Kim Parlee about how Canadian banks performed in Q1." 10 minutes https://www.moneytalkgo.com/video/canadian-banks-buy-sell/?referral=webb...
by BRIAN5000
06 Mar 2017 19:53
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Rental property vs REIT
Replies: 30
Views: 1508

Re: Rental property vs REIT

Long Run Data says XIC.TSX = 9.69% From Oct 22 2002 XRE = 9.94%

"Return isn't everything" - what about correlation or volatility did owning both help?

http://www.longrundata.com/
by BRIAN5000
06 Mar 2017 13:49
Forum: Financial Planning and Building Portfolios
Topic: Lump Sum vs DCA
Replies: 21
Views: 936

Re: Lump Sum vs DCA

2. Even when you are deploying “new money”, DCA does not offer any financial benefit, whatsoever ... it only offers emotional/psychological benefit ... you can see this in the discussion surrounding “regrets” or “disappointment” ... DCA is an exercise in managing potential regrets ... it has nothin...
by BRIAN5000
03 Mar 2017 15:08
Forum: Financial Planning and Building Portfolios
Topic: Asset Allocation during retirement?
Replies: 72
Views: 2069

Re: Asset Allocation during retirement?

Hence why I, and some others, espouse having enough in cash, or cash equivalents upon retirement to weather 2-3 years of dismal equity markets. That would have worked for the 2008-2009 crisis but doesn't work so well with Japan. There is no perfect answer. All one can do is to mitigate to some prob...
by BRIAN5000
03 Mar 2017 13:58
Forum: Under the Mattress: Protecting Your Money
Topic: how do you guys negotiate with car salesman to buy new car?
Replies: 65
Views: 7290

Re: how do you guys negotiate with car salesman to buy new car?

I bought a 2011 Rav4 in the end of 2015, around 33,000 km, automatic, AWD, leather seats, sunroof... around $19k before taxes, which would have been around 35k new before taxes? Did nothing except a break job for now. There are savings with Honda / Toyota even if they are used, at the end of leases...
by BRIAN5000
02 Mar 2017 20:55
Forum: Under the Mattress: Protecting Your Money
Topic: how do you guys negotiate with car salesman to buy new car?
Replies: 65
Views: 7290

Re: how do you guys negotiate with car salesman to buy new car?

Both were 30% below new prices
There's always exceptions to the rule and a few deals out there.

30% off what "New Price", mine with tax lists out at about $39,000 MSRP 30% off that price/or without tax calculate anyway you want is less then wholesale in BC.
by BRIAN5000
02 Mar 2017 14:05
Forum: Taxing Situations
Topic: acceptable interest expense on investments?
Replies: 35
Views: 527

Re: acceptable interest expense on investments?

In the past (about 15 to 20 years ago), I borrowed against my account (a margin account) in order to buy a house. For a number of years interest expenses were about an order of magnitude greater than income. I had no problems with CRA (or PQ). And you deducted the interest charges? I thought if you...
by BRIAN5000
28 Feb 2017 12:17
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 492
Views: 34417

Re: Canadian Banks

Last week, we told you that Canadian Direct Financial will rebrand with a new name, logo and website. Today, I’m extremely excited to announce Canadian Direct Financial will become Motive FinancialTM on April 18.
I think I'm going to go shoot myself, FFS!
by BRIAN5000
27 Feb 2017 11:53
Forum: Financial Planning and Building Portfolios
Topic: Asset Allocation during retirement?
Replies: 72
Views: 2069

Re: Asset Allocation during retirement?

Research shows the largest risk to a portfolio is losses at the start of retirement,
I think this info is based on a "regular" retirement date of 65 years old and risk lasts for about the first 10 years IIRC. So what about someone who retires at 55 there risk period is 20 years?