Search found 12478 matches

by AltaRed
28 Jun 2017 18:38
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 588
Views: 39222

Re: Canadian Banks

:thumbsup: Ditto as well. Provides a bit more perspective vis-a-vis the rest of the world.
by AltaRed
28 Jun 2017 13:32
Forum: Taxing Situations
Topic: Allowable Deductions in a Senior's Home
Replies: 2
Views: 79

Re: Allowable Deductions in a Senior's Home

I agree the retirement home will/should provide an itemized breakdown of qualifying amounts on an annual basis. Just ask. The independent facility where my mother lived would/could provide the itemized breakdown of qualifying amounts but we found in our particular case that it was to our advantage t...
by AltaRed
27 Jun 2017 11:19
Forum: Taxing Situations
Topic: Help with asset handling when leaving Canada to US
Replies: 8
Views: 284

Re: Help with asset handling when leaving Canada to US

bluesky9845 wrote:
27 Jun 2017 10:57
wow, 49 pages to learn on NG.
Start at the most recent pages first and screen the posts working backwards. That is because some institutions may have changed their processes between the earliest and latest posts of that thread.
by AltaRed
27 Jun 2017 11:16
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 58
Views: 1427

Re: The Perfect Dividend ETF

Ottawa will bail the banks. But will they bail the shareholders? The whole point for banking changes is so that Ottawa does not bail out shareholders. Yet there is a belief Ottawa will because of the institutional (read pension plan) holdings in such stocks. I think the latter is probably true but ...
by AltaRed
26 Jun 2017 16:07
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 58
Views: 1427

Re: The Perfect Dividend ETF

Yield on market value is the only metric that matters when quoting yield. That is how it is done by any stock quote source. That said, total return is really the metric because one also has capital appreciation one can harvest for annual RRIF withdrawals when and if that occurs.
by AltaRed
25 Jun 2017 21:16
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How many negative positions do you hold today?
Replies: 25
Views: 804

Re: How many negative positions do you hold today?

It simply demonstrates that different investing strategies will have different characterization and number of losers is not much of a measure.
by AltaRed
25 Jun 2017 21:10
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 58
Views: 1427

Re: The Perfect Dividend ETF

Which means your portfolio yield has to exceed the withdrawal minimum for a mid- 70s individual AND assuming no net re-investment of dividends. IOW, 5.5% or better.
by AltaRed
25 Jun 2017 10:38
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How many negative positions do you hold today?
Replies: 25
Views: 804

Re: How many negative positions do you hold today?

A few fixed reset prefs I have not swapped out for the tax losses and Boardwalk REIT underwater circa 8-10% at the current time. None of these are of any concern. ALA is marginally above or below water depending on any given week and is a target for opportunistic sale pending closing of the new acqu...
by AltaRed
22 Jun 2017 23:28
Forum: Financial Planning and Building Portfolios
Topic: What would you tell someone who wants to get started investing?
Replies: 69
Views: 1765

Re: What would you tell someone who wants to get started investing?

My rationale for no initial FI is that in the early stages of accumulation, contributions overwhelm return performance. ISTM no meaningful understanding of the emotional impact of an equity pullback is gained in circumstances where a couple of months of contributions are larger than even a bear pul...
by AltaRed
22 Jun 2017 20:30
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Disruption
Replies: 20
Views: 508

Re: Disruption

It is far more then disrupting retail. Transportation, communications and broadcasting, print media, financial services, manufacturing ,gambling , services, information and others sectors are facing major change because of technology. I think we know that but I don't think any one entity will stand...
by AltaRed
22 Jun 2017 20:17
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETFS
Replies: 8
Views: 540

Re: ETFS

Thanks for that link. The back testing of the index against TSX Composite is promising and bears watching. I will be interested in what the holdings, and sector weights, are before recommending it.
by AltaRed
22 Jun 2017 18:38
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETFS
Replies: 8
Views: 540

Re: ETFS

Have you done any research to compare XDV with XDIV (the underlying MSCI index)? It is a material difference in MER and something I need to consider for my ex (who has a substantial holding in XDV in addition to XIU). The 10% cap is interesting but the fact it can/will invest in other iShares ETFs i...
by AltaRed
22 Jun 2017 16:18
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Disruption
Replies: 20
Views: 508

Re: Disruption

Have you been watching too much The Disruptors? Not saying the concept does not have merit but all the big ones today will (and do) have competitors, some of which could displace them in sectors or categories. As was discussed about Amazon with Whole Foods, that may, or may not, be a smart move. FWI...
by AltaRed
22 Jun 2017 14:36
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4369

Re: CPP Deferral debate - Fred Vettese article discussion

Longinvest, I (and I am sure many others) do get it, but safely maximizing ones spending' is related to optimizing getting the most out of the system. Deferring CPP/OAS to 70 requires something else supplementing cash flow to the age 70. It is a matter of perspective when someone wants to do the bul...
by AltaRed
22 Jun 2017 12:23
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Sears Canada (Symbol-SCC)
Replies: 31
Views: 1938

Re: Sears Canada (Symbol-SCC)

Lethbridge has way more population to support it. When you go through the list, it is predominately smaller centres and many of the Sears Home stores (so that format is hooped too). Kelowna doesn't lose either the Orchard Park mall store, nor the Sears Home store at the same mall....yet. Then again,...
by AltaRed
22 Jun 2017 11:39
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4369

Re: CPP Deferral debate - Fred Vettese article discussion

Note that my decision was based on different rules. That is indeed a good qualifier... I am remiss in not having said that myself. While I agree with longinvest in principle (delaying CPP and OAS in a variety of cases), it is not a slam dunk due to DB pensions (or not and size), size of one's RRSP ...
by AltaRed
22 Jun 2017 10:13
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4369

Re: CPP Deferral debate - Fred Vettese article discussion

Shakespeare wrote:
22 Jun 2017 09:58
When I took early retirement, dropout rules made it necessary to take CPP as early as possible, so I took it at 60.
I took CPP at 62.5 for similar reasons. Think I could have gone another year but errored on the side of caution.
by AltaRed
22 Jun 2017 10:09
Forum: Financial Planning and Building Portfolios
Topic: What would you tell someone who wants to get started investing?
Replies: 69
Views: 1765

Re: What would you tell someone who wants to get started investing?

I don't like this idea to much, my daughter will have to decide on her own AA (with help if she asks) and in her mind have no backup from dad. I believe she needs to be an autonomus individual and look after herself. In her email I posted she has two competing goals short term, travel and long term...
by AltaRed
21 Jun 2017 17:16
Forum: Financial News, Policy and Economics
Topic: NAFTA Renegotiation
Replies: 18
Views: 628

Re: NAFTA Renegotiation

Personally, I don't think there should be any government compensation if supply management is slowly dismantled. Supply management has already provided the producers with a long term gravy train funded by consumers. To ask for more from the taxpayer is kind of insulting. That said, I think graft was...
by AltaRed
21 Jun 2017 15:37
Forum: Taxing Situations
Topic: Looking for advice on selling mother-in-laws house.
Replies: 8
Views: 253

Re: Looking for advice on selling mother-in-laws house.

On death of a GIC holder they sometimes become cashable if funds are required this may be useful. If they were invested in "good rates" holding to maturity may be best. Agreed, but it depends on where they are held. Brokerages charge to 'mature' a GIC. Those specifically bought directly with an ins...
by AltaRed
21 Jun 2017 15:31
Forum: Financial Planning and Building Portfolios
Topic: What would you tell someone who wants to get started investing?
Replies: 69
Views: 1765

Re: What would you tell someone who wants to get started investing?

When the dividends are $150 and reinvested at no cost, compared to a generic buy? I think the point is that $150 is cash no matter where it comes from. It just goes into the pool of cash (revenue side of the ledge) and when one decides to make an investment buy, it comes out of that side of the led...
by AltaRed
21 Jun 2017 11:18
Forum: Taxing Situations
Topic: Looking for advice on selling mother-in-laws house.
Replies: 8
Views: 253

Re: Looking for advice on selling mother-in-laws house.

You didn't mention it but I assume someone has POA for MIL (the POA for FIL is now gone). Given she is into dementia, presumably your wife has POA for her. Good on you to consolidate funds into MAW104, but one caution. It may have too high of an equity allocation for MIL at age 82. You might want to...
by AltaRed
21 Jun 2017 10:31
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Sears Canada (Symbol-SCC)
Replies: 31
Views: 1938

Re: Sears Canada (Symbol-SCC)

Can't happen soon enough. Like the poor sod that has battled cancer for a decade, it must have been a tough way being an employee of such an inept outfit.
by AltaRed
21 Jun 2017 10:18
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4369

Re: CPP Rules - Fred Vettese article

I'm curious to learn about how other FWF members, retired members living in a couple in particular, tackle this problem. Firstly, I agree with the harmful effects with respect to CPP. CPP is an individual contributory program and there should be no interference with the benefits one gets. CPP shoul...
by AltaRed
20 Jun 2017 19:05
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 237
Views: 23924

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

If you think so. My view is CVE is so highly leveraged with the 'very bad' COP purchase, it wouldn't take much loss of cashflow (like Baytex) to be in real, not perceived, crisis mode. It was announced today their CEO is retiring (or is forcibly being retired) and that may be today's market reaction...