Search found 12660 matches

by AltaRed
23 Aug 2017 11:06
Forum: Retirement, Pensions and Peace of Mind
Topic: Canadian living in US with RRSPs. Has anybody transferred RRSPs to Questrade?
Replies: 3
Views: 80

Re: Canadian living in US with RRSPs. Has anybody transferred RRSPs to Questrade?

Ask Questrade first. Some brokerages will not deal with those with US postal addresses.
by AltaRed
18 Aug 2017 01:58
Forum: Under the Mattress: Protecting Your Money
Topic: coverage by Cpif (new to FWF)
Replies: 3
Views: 197

Re: coverage by Cpif (new to FWP)

CPIF protects the assets in the account in case of insolvency, etc. of the brokerage. It does not cover market valuations of the securities themselves. IOW, it protects against someone making off with your 100 shares of RY. It does not protect them from RY going insolvent and the value of those shar...
by AltaRed
15 Aug 2017 10:12
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Anyone have a fax no. or email for Blackrock USA for Form 301?
Replies: 5
Views: 158

Re: Anyone have a fax no. or email for Blackrock USA for Form 301?

You don't need anything other than a W8-BEN on file with your brokerage. Forget ITIN numbers and anything else associated with IRS.
by AltaRed
11 Aug 2017 15:01
Forum: Financial Planning and Building Portfolios
Topic: Intro/portfolio help
Replies: 31
Views: 993

Re: Intro/portfolio help

Just an initial comment that yes, I can see the 3 cash flow streams you have linked. Without making any comment yet on the constituents of the spreadsheets, I suggest you do some reality checks as you build those spreadsheets: 1) How do your proposed expenses compare against your current living expe...
by AltaRed
11 Aug 2017 10:07
Forum: Under the Mattress: Protecting Your Money
Topic: Mobile Banking
Replies: 11
Views: 511

Re: Mobile Banking

I have used the mobile apps on only a few occasions on my smartphone when I have to access that way (can't read the website on my phone). Perhaps twice in the past year. I just don't have a need to get on to online banking more than once or twice a month, e.g. to make a transfer between accounts or ...
by AltaRed
11 Aug 2017 10:02
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 312
Views: 31091

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

Intertape Polymer has made itself known on my Watchlist. Down big recently with a stutter in Q2 results this morning. Missed the low at under $20. Should have had a low bid in on this one.
by AltaRed
11 Aug 2017 09:51
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Boston Pizza Income Fund(Symbol-BPF.UN)
Replies: 175
Views: 18859

Re: Boston Pizza Income Fund(Symbol-BPF.UN)

This one is saturated out West. Restaurants in virtually every town that is bigger than a whistle stop. Have no idea its status further east.
by AltaRed
10 Aug 2017 19:46
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 178
Views: 10398

Re: Clippings 2017

We have some of our own FWF members who do a similar thing. About two thirds of my annual cash flow income now comes from dividends (Cdn and US) and continues to slowly grow as a percentage (my DBPP is not indexed).
by AltaRed
10 Aug 2017 19:08
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 178
Views: 10398

Re: Clippings 2017

I missed both these being shown by this article, my impression from this article is don't try this at home cause your savings rate needs to be much too high to accomplish a dividends alone strategy, a miniscule amount of people could actually do this. I think a dividends alone strategy is a bad ide...
by AltaRed
10 Aug 2017 17:45
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 178
Views: 10398

Re: Clippings 2017

VYM itself doesn't have anything to do with dividend growth. The author assumes dividend growth of SPY matches capital appreciation of SPY (yield held constant). Unless I am in error, all the author did with VYM was to show that, all other things being equal, swapping out all the dollars invested in...
by AltaRed
10 Aug 2017 10:49
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 178
Views: 10398

Re: Clippings 2017

It is not unreasonable to use SPY as the proxy for an American's equity component. It is the 'go to' ETF for almost everyone, including insititutional accounts. I used SPY for the longest time in my USD account and then took advantage* of tax loss selling in 2008/2009 to crystyallize the loss and sw...
by AltaRed
09 Aug 2017 18:05
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 178
Views: 10398

Re: Clippings 2017

This is for the average investor, not a stock picker using a Dividend Aristocra approach.... which might be better, or not. I think most of us could do better but it is very difficult to bet against the S&P500. You are completely missing the point that the article is about surviving on dividend inc...
by AltaRed
09 Aug 2017 16:21
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 178
Views: 10398

Re: Clippings 2017

No projected dividend growth in the simulation. Using the yield from S&P 500 Index ETF. This seems far too conservative (i.e. not useful) for someone who intends to follow a dividend income investment approach. Dividend growth is built in at the same rate as SPY appreciates, i.e. yield stays consta...
by AltaRed
08 Aug 2017 21:54
Forum: Taxing Situations
Topic: T3 (Trust Income Tax and Information Return)
Replies: 30
Views: 10806

Re: T3 (Trust Income Tax and Information Return)

Could someone clarify this? I read in this string that interest earned in TFSAs have to be claimed by the beneficiaries after the death of the owner of the TFSA. Is this correct If the TFSA has matured because there is no successor holder, i.e. not transferred over to a spouse, then yes, any income...
by AltaRed
08 Aug 2017 19:12
Forum: Financial Planning and Building Portfolios
Topic: RRSP and TFSA - moving away from MF
Replies: 31
Views: 871

Re: RRSP and TFSA - moving away from MF

I've seen it written somewhere, either regulatory or IIROC, regarding non-permissibility of double dipping so I am comfortable that is the case. Just cannot say it unequivocably.
by AltaRed
08 Aug 2017 17:18
Forum: Financial Planning and Building Portfolios
Topic: RRSP and TFSA - moving away from MF
Replies: 31
Views: 871

Re: RRSP and TFSA - moving away from MF

newin96 wrote:
08 Aug 2017 16:53
I apologise for going off-topic, but I always wondered if the MER % for XAW and VXC include the MER for the underlying funds.
My understanding is there is no double counting....so yes. Smart investors would not buy the products if there was a double dip.
by AltaRed
08 Aug 2017 15:59
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Where to buy US bonds?
Replies: 2
Views: 122

Re: Where to buy US bonds?

Can't answer your question...but why in the world would you want to buy US bonds? The fluctuation in forex alone will likely overwhelm any return you will get. Example: The circa 10% gain in the loonie in recent months would put you underwater for years to come if you had bought 4-5 months ago.
by AltaRed
08 Aug 2017 12:55
Forum: Retirement, Pensions and Peace of Mind
Topic: Credit Scores for free
Replies: 59
Views: 2946

Re: Credit Scores for free

'Soft' inquiries do not (are not supposed to) count/affect credit score. It can take months for updates to happen to one's credit history. It is a matter of 'when' the affected credit institution decides to pass on updates to Equifax et al.
by AltaRed
08 Aug 2017 11:44
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian ETF vs US One
Replies: 3
Views: 230

Re: Canadian ETF vs US One

This subject has been discussed many, many times. Yes...subject to any forex exchange costs. VFV invests in VOO. Edit: Clarified VFV composition Added later: Just be aware that if VFV is held in an RRSP or TFSA, the withholding tax is lost. In the case of VOO, there will be no withholding tax withhe...
by AltaRed
07 Aug 2017 20:40
Forum: Financial Planning and Building Portfolios
Topic: RRSP and TFSA - moving away from MF
Replies: 31
Views: 871

Re: RRSP and TFSA - moving away from MF

ETFs will outperform the RBC Index Mutual funds essentially by the difference in MER cost. There is no difference in 'stability' or 'volatility' because by definition they (both the ETFs and the Index mutual funds) follow indices. As the indices go, so do the mutual funds and ETFs. Of course, not al...
by AltaRed
07 Aug 2017 13:55
Forum: Financial Planning and Building Portfolios
Topic: RRSP and TFSA - moving away from MF
Replies: 31
Views: 871

Re: RRSP and TFSA - moving away from MF

You are missing developed world outside North America (Japan, UK, Germany, Australia, etc...). Is that intentional? I assumed it was intentional not to have EAFE. I would rather have zero EM and 10-20% EAFE, but that is a personal choice. I don't think there is a 'right' time to invest in S&P500. T...
by AltaRed
07 Aug 2017 11:50
Forum: Financial Planning and Building Portfolios
Topic: RRSP and TFSA - moving away from MF
Replies: 31
Views: 871

Re: RRSP and TFSA - moving away from MF

Your plan looks good. You will obviously need to open 2 accounts... RRSP and TFSA with RBC DI, You can go to cash in your existing accounts before transferring to RBC DI, or fill out the RBC DI transfer forms for an 'in kind' transfer and then do your MF sales in the RBC DI accounts and then buy the...
by AltaRed
07 Aug 2017 11:41
Forum: Under the Mattress: Protecting Your Money
Topic: Converting $Cdn to Euro
Replies: 29
Views: 612

Re: Converting $Cdn to Euro

A credit card surcharge seems to be common among the European tour operators that I researched. A Canadian travel company resells the same European tour and doesn't have a credit card surcharge, but their price is about $500 per person higher than the same tour purchased from directly from the Euro...
by AltaRed
07 Aug 2017 09:33
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 312
Views: 31091

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

I spend 5 months in the USA and 7 months in Canada. When I am in the US I don't have to concern myself with exchange rates. Besides if one currency goes up the the other goes down. They neutralize one another. Not true since your Net Worth* has a base currency. It is either CAD or USD, not both. Ho...
by AltaRed
07 Aug 2017 09:26
Forum: Under the Mattress: Protecting Your Money
Topic: Converting $Cdn to Euro
Replies: 29
Views: 612

Re: Converting $Cdn to Euro

All credit card companies charge retailers a fee for their use - the rates can vary from 2% to 4% depending on the type of card. I am aware of that. That is not what my post was about. I have never experienced (except in a few small shops in Europe) a visible surcharge being added as a result of wa...