Search found 867 matches

by Profit not Prophet
26 Mar 2024 21:13
Forum: Financial News, Policy and Economics
Topic: Inflation
Replies: 1010
Views: 155687

Re: Inflation

I'm conflicted as we own a little bit of IFC and it's up 15% for the year, I'm part of the system. Maybe time to get the brokerage to shop it. I guess there's always someone worse off elsewhere :)
by Profit not Prophet
25 Mar 2024 18:07
Forum: Financial News, Policy and Economics
Topic: Clippings 2024
Replies: 129
Views: 10331

Re: Clippings 2024

Israel coming in at #5 in happiness is a bit odd.

I saw a bumper sticker in BC years ago that said if your not outraged your not paying attention.

Even pre Oct I'd think there was a number of things there that would make #5 impossible at least for me.
by Profit not Prophet
25 Mar 2024 17:55
Forum: Financial News, Policy and Economics
Topic: Inflation
Replies: 1010
Views: 155687

Re: Inflation

Got my house insurance renewal, it's up 18%, 211$. Other than that and food, things are great.
by Profit not Prophet
21 Mar 2024 22:11
Forum: Financial Planning and Building Portfolios
Topic: Aspiring Boglehead looking for advice on which funds and where to place
Replies: 7
Views: 417

Re: Aspiring Boglehead looking for advice on which funds and where to place

If your 35ish, then the US market has done great since your were an adult. When you were a child from 10 to 20 it went sideways and didn't make a dime. I'd maybe send a few more bucks to Bay st otherwise you just got $1,000 bucks in advise up thread for free. Cheers.
by Profit not Prophet
20 Mar 2024 11:21
Forum: Financial News, Policy and Economics
Topic: Clippings 2024
Replies: 129
Views: 10331

Re: Clippings 2024

Good find there gh. It seems so many are people are walking angry raw nerves. The data often shows a different story form the emotional side.
by Profit not Prophet
19 Mar 2024 09:16
Forum: Retirement, Pensions and Peace of Mind
Topic: Blackrock whitepaper on spending in retirement
Replies: 45
Views: 2093

Re: Blackrock whitepaper on spending in retirement

I guess the house is the last big thing freed up for most of us at the switch from 'slow go' to 'no go' . It would typically free up a number of years of dough. Like Mud said not overdoing it.

My sequence will be gold first as it's cold, then the El Greco's(they are so big it's hard to dust the tops) and Rubens, then the house. I can life with empty walls for a spell I figure.
by Profit not Prophet
18 Mar 2024 21:27
Forum: Retirement, Pensions and Peace of Mind
Topic: Blackrock whitepaper on spending in retirement
Replies: 45
Views: 2093

Re: Blackrock whitepaper on spending in retirement

Besides the 'usual' spending and headspace behind how much and such.... I think we will more and more find people earmarking funds for potential medical spending.

In our own family one member almost got a serious procedure done in the US. The wait times here were closing in on an active and serious problem with the clock ticking. In the end it came through. However, I've more or less mentally earmarked a 100k of our stash for some point in the future the govt/system/whatever lets us down. I think were all doing our own mental gymnastics on what's ok to spend on from $4 soups can prices to well $40k surgery .
by Profit not Prophet
17 Mar 2024 19:58
Forum: Financial Planning and Building Portfolios
Topic: Your favorite asset class
Replies: 55
Views: 3280

Re: Your favorite asset class

Speaking of winning lottery tickets. As they always say 'base don a true story' movie Jerry and Marge go Large.

https://en.wikipedia.org/wiki/Jerry_%26_Marge_Go_Large

Indeed there was a glitch in the system in some situations it wasn't gambling it was favoring the mark I mean ticket buyers. Decent enough movie too. I hop to see what the next 19 years brings. Cheers
by Profit not Prophet
16 Mar 2024 17:20
Forum: Financial News, Policy and Economics
Topic: Boeing
Replies: 6
Views: 415

Re: Boeing

He's my go to guy for anything in the air. He's got the insiders long term view. A enthusiasm for travel that's undiminished by the work.

In the it's a small world department we had both run across the same chicken bike guy doing his day. Just stand somewhere interesting for half an hour and see what rolls on by.

https://askthepilot.com/letter-from-hanoi/
chickens.jpg
chickens.jpg (48.47 KiB) Viewed 275 times
by Profit not Prophet
16 Mar 2024 13:25
Forum: Financial News, Policy and Economics
Topic: Boeing
Replies: 6
Views: 415

Re: Boeing

I like ask the pilot by patrick smith, lots of good stuff there...this is a little bit on topic
https://askthepilot.com/united-757-slat/

the main page https://askthepilot.com/
by Profit not Prophet
16 Mar 2024 12:57
Forum: Under the Mattress: Protecting Your Money
Topic: Best Credit Card (2021 - 2025)
Replies: 515
Views: 33158

Re: Best Credit Card (2021 - 2025)

I like my HT visa card features and benefits but I have had more refusals and glitches with it that other bank cards of visa and mc flavours. Seems weaker behind the curtain for tech prowess.
by Profit not Prophet
13 Mar 2024 15:09
Forum: Financial News, Policy and Economics
Topic: Clippings 2024
Replies: 129
Views: 10331

Re: Clippings 2024

Good point with the real estate. (Glad it's not my money I like my independence.)
by Profit not Prophet
12 Mar 2024 15:34
Forum: Financial News, Policy and Economics
Topic: Clippings 2024
Replies: 129
Views: 10331

Re: Clippings 2024

While a widely visible story I thought a couple tortured quote or two were good. 1.9% return on 247.5b in assets “We only have about 10 per cent of our portfolio invested in listed equities,” Taylor said in an interview, adding that what the pension did hold performed well as markets soared at the end of last year. “But you look at valuations as we go into 2024 — they look as challenging if not more challenging than they were when we entered 2023, and that’s going to be an interesting debate for us in terms of, if we want to blend the risk up a little bit, how we do that? ” he said. they have a ten year return of 7.6% fin post teachers pension 'Ontario Teachers' returns disappoint as markets soar and interest rates hit real estate' https://...
by Profit not Prophet
11 Mar 2024 20:05
Forum: Under the Mattress: Protecting Your Money
Topic: Travel Insurance - Missed Flight
Replies: 26
Views: 1827

Re: Travel Insurance - Missed Flight

Good for her! A bit of win of sorts. Loved Hawaii.
by Profit not Prophet
11 Mar 2024 20:03
Forum: Financial News, Policy and Economics
Topic: Clippings 2024
Replies: 129
Views: 10331

Re: Clippings 2024

The British dough flow thing makes me wonder what might/could happen down the road here. Every so often they trot the placement of Ontario say at like 38th in wealth if it was a state. 40 year trend of declining per capita yada yada. Reason enough for some VTI to me.
by Profit not Prophet
11 Mar 2024 19:55
Forum: Retirement, Pensions and Peace of Mind
Topic: Any questions about CPP?
Replies: 518
Views: 88155

Re: Any questions about CPP?

It took a bit of persistence but we got the account back up and running. We didn't have a need to go in very often and since last go around they have 2 factor security. It's also glitchy. Tossed mine out and you have to wait 24 hours to try again. My wife succeeded with mine today. In the dual between enjoying a nice sunny day and sitting at a computer somehow the gov't thing won. She bravely entered her info until the system tossed her out and banned her for 24 hours as well. Maybe latency thing, maybe they hate us, maybe server trouble in Nigeria not sure :) It wasn't even at some high grade security moment just mulling over which relative or pet to get your retrieval info on. Anyway I got my number and it's not changed much since our las...
by Profit not Prophet
10 Mar 2024 12:27
Forum: Retirement, Pensions and Peace of Mind
Topic: Any questions about CPP?
Replies: 518
Views: 88155

Re: Any questions about CPP?

Thanks. A friend is about a year older than me so chatted in the summer. He said it would just arrive and I've been 59 since the wise turkeys headed for safer places. We divide the various less than fun labour things around here and Mrs P is the one to dig into the Gov't sites, whew lucky me.
by Profit not Prophet
10 Mar 2024 09:46
Forum: Retirement, Pensions and Peace of Mind
Topic: Any questions about CPP?
Replies: 518
Views: 88155

Re: Any questions about CPP?

I have the impression the government mails you a info package on your potential benefit amount and such at age 59. I'm 59 and have been for a few months. I'm starting to look at the mail box for more than pizza offers. Should I poke the beast or be patient?

I don't plan to taking the money right off I just want to know the offer and see it in writing :)
by Profit not Prophet
06 Mar 2024 22:06
Forum: Financial News, Policy and Economics
Topic: Clippings 2024
Replies: 129
Views: 10331

Re: Clippings 2024

I though 4-5 time seems real low too. I wish they pressed him for more there. Every coin seems to have two sides, on the other hand... :)
by Profit not Prophet
06 Mar 2024 21:17
Forum: Financial News, Policy and Economics
Topic: Clippings 2024
Replies: 129
Views: 10331

Re: Clippings 2024

This was kind of interesting. A bit of backside view of making a living as a manager in the market.

https://www.morningstar.ca/ca/news/2468 ... arket.aspx

Did Passive Investing Break the Market?
Famed investor David Einhorn says passive investing has broken markets and it's forced him to change his investment style to stay in business. How has passive investing transformed markets, and what happens next?

In the interview with Bloomberg, Einhorn declares that passive investing has fundamentally broken markets. And that the changes wrought from passive investing have meant he’s had to change his method of value investing to stay in business.
by Profit not Prophet
03 Mar 2024 13:03
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Frothy Equity Markets
Replies: 1395
Views: 155882

Re: Frothy Equity Markets

I just reserved it with the library. Sounds zany.
by Profit not Prophet
02 Mar 2024 18:58
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Frothy Equity Markets
Replies: 1395
Views: 155882

Re: Frothy Equity Markets

I agree. He also has several billion dollars. I'd likely have more swagger if I had a cube of money that size. I read one of his big fat books a couple Christmas's ago. It was from the library so I didn't add much to his stack :)
by Profit not Prophet
27 Feb 2024 11:13
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Algonquin Power & Utilities Corp (Symbol-AQN)
Replies: 323
Views: 51866

Re: Algonquin Power & Utilities Corp (Symbol-AQN)

Do you mean npi northland power? There's a few similar character tickers that have semi blown up maple leaf, new fly but I think were just on utilities. I'm always learning and a weak spot is how thing behave when rate do decline. cheers
by Profit not Prophet
23 Feb 2024 17:52
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Toronto Dominion Bank (Symbol TD)
Replies: 182
Views: 26553

Re: Toronto Dominion Bank (Symbol TD)

They could alway's just let someone take them over. I think Laurentian is in play :)
by Profit not Prophet
17 Feb 2024 22:42
Forum: Retirement, Pensions and Peace of Mind
Topic: Decumulation? Really?
Replies: 94
Views: 5662

Re: Decumulation? Really?

Inflation that runs a bit higher for longer just might help with the problem of too much money (?) I suspect that there's going to be a real shift in supply and demand for a number of jobs. Some professions just might decline and some trades might just make out like bandits. The shoes might be changing over the next couple decades which could affect how much we actually spend in retirement compared to the period when say the boomers were working for a living. Time will tell.