Search found 13528 matches

by AltaRed
19 Feb 2018 18:43
Forum: Financial News, Policy and Economics
Topic: Inflation
Replies: 37
Views: 2504

Re: Inflation

It does to the extent there are US influences on Canada. As the US goes, so do we to a significant extent with respect to trade, GDP, job growth (or not), price of commodities, etc. Capital flows across borders easily and the fate of the loonie is often tied to capital flows. A low loonie raises the...
by AltaRed
19 Feb 2018 18:40
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Discount/Online Broker Research Comparison
Replies: 55
Views: 10497

Re: Discount/Online Broker Research Comparison

2. and 3. are only of interest to frequent traders.
4. only matters for those who cannot/will not do a NG.
8. No idea why this matters unless they count GICs as parking cash. One HISA in each of CAD and USD is enough.

IOW, the rankings are depending on what you are looking for!
by AltaRed
19 Feb 2018 17:08
Forum: Financial News, Policy and Economics
Topic: Inflation
Replies: 37
Views: 2504

Re: Inflation

I think one thing the article missed was (at least up to the Trump era) was expanding global trade. Migration to lowest cost supply/manufacture didn't get real mention in the article. That might change if trade wars erupt but only until the wingnut has been removed from office. I think ultimately wa...
by AltaRed
19 Feb 2018 16:47
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Apple Corp (Symbol-AAPL)
Replies: 659
Views: 45253

Re: Apple Corp (Symbol-AAPL)

We have moved to Windows/Android for everything. Couldn't stand the proprietary nature of Apple. Just like Beta VCR, etc. If it is not essentially Open Source, I won't have it.
by AltaRed
19 Feb 2018 15:15
Forum: Financial Planning and Building Portfolios
Topic: The Implications of Behavioral Finance
Replies: 143
Views: 42501

Re: The Implications of Behavioral Finance

I'm not totally diligent to track all my investment decisions, but I do write down most of the major ones. Going through all my (PDF) trade confirmation slips is one way to look through the rear view mirror. Some learnings there for sure, both positive and negative. It is also somewhat useful (and ...
by AltaRed
19 Feb 2018 13:24
Forum: Taxing Situations
Topic: Budget 2018
Replies: 58
Views: 1494

Re: Budget 2018

Irrelevancy but the major risk is indeed balance of power come late 2019.
by AltaRed
19 Feb 2018 12:03
Forum: Under the Mattress: Protecting Your Money
Topic: Are EFTs/wire transfers between banks safe/guaranteed in Canada?
Replies: 4
Views: 150

Re: Are EFTs/wire transfers between banks safe/guaranteed in Canada?

You have not articulated what you are really trying to do, i.e. from what kind of account/FI to what kind of account/FI. Are you trying to do this at zero cost (as in a push or pull transfer between an online bank and a big 5) or via wire transfer? I've never known a wire transfer to go astray if th...
by AltaRed
18 Feb 2018 14:48
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2018)
Replies: 104
Views: 5910

Re: High interest rates for savings, GICs and MMFs (2018)

Seems perverse to have 7 digits in GICs but WTFDIK. It suggests a risk adverse senior with all marbles in GICs in a big 5 bank or a HNW individual with a high FI allocation in which that person should have a brokersge account where there is at least a dozen GIC issuers anyway. IOW, I am suggesting a...
by AltaRed
18 Feb 2018 11:43
Forum: Now Hear This!
Topic: Guess who turned 13 today?
Replies: 7
Views: 207

Re: Guess who turned 13 today?

:thumbsup: FWF continues to impress and educate me, and the advertising/commercial free format is so refreshing in an online world contaminated more and more by ads, popups and fake news.
by AltaRed
18 Feb 2018 10:31
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Market 2018
Replies: 84
Views: 3519

Re: Housing Market 2018

You haven't heard of offshore banks then, nor the Panama Papers (the book is a bit heavy to read). It has not been difficult for dirty offshore money to find its way back into the system by those with means.
by AltaRed
18 Feb 2018 10:22
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2018)
Replies: 104
Views: 5910

Re: High interest rates for savings, GICs and MMFs (2018)

This seems a bit of a theoretical rather than realistic scenario, but I don't think I would not worry about the excessive exposure for a limited period of time. However, the point really might be - why would a couple want to be that exposed to one "alternative lending" institution in the first place...
by AltaRed
17 Feb 2018 15:18
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Market 2018
Replies: 84
Views: 3519

Re: Housing Market 2018

Flaccidsteele wrote:
17 Feb 2018 13:31
Or just enjoy the cash that their parents received from foreign sources.
For the privileged few....yes. Therein lies part of the problem. Wealth begets wealth and retained among the few while the majority of others have no choice but to remain on the sidelines.
by AltaRed
17 Feb 2018 13:11
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Market 2018
Replies: 84
Views: 3519

Re: Housing Market 2018

You forget that in BC, the beneficial owner does not have to be disclosed with Land Titles. That allows a numbered company to be set up and funded by any number of shareholders to buy the property. No beneficial owner needs to be declared with Land Titles. The property can then be transferred throug...
by AltaRed
17 Feb 2018 12:56
Forum: Financial Planning and Building Portfolios
Topic: Portfolio Advice for Elderly Relative (Early 90s)
Replies: 30
Views: 1116

Re: Portfolio Advice for Elderly Relative (Early 90s)

YTM on XSB is 2.29, and BXF is 2.18. So expected return on GICs at today's rates is higher than s/t bonds (at the expense of liquidity). I suppose if rates go up then a bond fund's yield will benefit faster than a ladder of GICs. I'd suggest they are pretty much the same over a rolling 3-4 year per...
by AltaRed
17 Feb 2018 11:49
Forum: Taxing Situations
Topic: Budget 2018
Replies: 58
Views: 1494

Re: Budget 2018

Voters get who they elect. Seems most don't care if they mortgage their children's future. So sad....
by AltaRed
17 Feb 2018 11:46
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Market 2018
Replies: 84
Views: 3519

Re: Housing Market 2018

* I empathize with those who buy a property in which it is used as a principal residence for themselves and their family. * I also care about responsible landlords who need to make a decent cap rate to provide and sustain the capital for residential housing in order to supply the rental market, prim...
by AltaRed
16 Feb 2018 23:57
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Market 2018
Replies: 84
Views: 3519

Re: Housing Market 2018

Worth a read about the Wild West of Vancouver. Some of this is old news.

http://www.macleans.ca/economy/realesta ... -disaster/
by AltaRed
16 Feb 2018 22:58
Forum: Retirement, Pensions and Peace of Mind
Topic: Annuities
Replies: 36
Views: 876

Re: Annuities

I think the real comparison should be between a commercial annuity and taking the DB pension. I think the OP's fear being generated by union hysteria and most likely self-interest misrepresentation is misplaced. There isn't a soul around who wouldn't give a kidney, testicle or whatever, for the gran...
by AltaRed
16 Feb 2018 18:18
Forum: Retirement, Pensions and Peace of Mind
Topic: Annuities
Replies: 36
Views: 876

Re: Annuities

All you're saying just reinforces my belief that I'm better off taking an annuity or the commuted value. Change is happening and I'm going to do what I can to protect my pension money as it is quite a bit of money. I am not a pension guru by any stretch, but if the pension credits you have earned t...
by AltaRed
16 Feb 2018 16:37
Forum: Taxing Situations
Topic: Tax paid Dividends
Replies: 8
Views: 331

Re: Tax paid Dividends

I have come to the same conclusion as Altared. However, I would change my mind if interest rates were to rise significantly (in excess of 5% on a five year GIC) then I would be inclined to agree with kcowan. Yes, I'd re-think my position too. I am currently hedging my bets with having MAW104 in my ...
by AltaRed
16 Feb 2018 16:23
Forum: Retirement, Pensions and Peace of Mind
Topic: Annuities
Replies: 36
Views: 876

Re: Annuities

Still the introduction of the bill shows the government is willing to change the pension law. Pensions aren't sacred. Of course they are not sacred and shouldn't be on a 'go forward' basis. My pension plan changed 3 times in my career. If I didn't like it, I could resign and go work for someone els...
by AltaRed
16 Feb 2018 13:41
Forum: Retirement, Pensions and Peace of Mind
Topic: Annuities
Replies: 36
Views: 876

Re: Annuities

I suspect you are referring to this part Most importantly, however, C-27 would permit a federally-regulated employer to convert their “Defined Benefit” promises into non-binding “Target Benefit” aspirations even on a retroactive basis. If this bill passes, workers would suddenly have to defend the p...
by AltaRed
16 Feb 2018 13:14
Forum: Taxing Situations
Topic: Budget 2018
Replies: 58
Views: 1494

Re: Budget 2018

Not to you it isn't, nor is it for the buyer of your asset. The fact the government is taxing each of you once is no different than for anything else.
by AltaRed
16 Feb 2018 13:04
Forum: Retirement, Pensions and Peace of Mind
Topic: Annuities
Replies: 36
Views: 876

Re: Annuities

I have no idea what you are referring too... Please explain.
by AltaRed
16 Feb 2018 13:01
Forum: Taxing Situations
Topic: Budget 2018
Replies: 58
Views: 1494

Re: Budget 2018

We could argue that the PR exemption unfairly favours the people who can afford houses. While this has always been the case, it has become more acute owing to the escalation in PR costs. Eventually these voters will become a major voting block. Gotta do something about those 'pigs at a trough' that...