Search found 13330 matches

by AltaRed
15 Jan 2018 21:26
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: unauthorized withdrawal from my i-Trade RIF
Replies: 9
Views: 175

Re: unauthorized withdrawal from my i-Trade RIF

deaddog wrote:
15 Jan 2018 21:21
Are you paying tax quarterly?

I have them withhold 30% as that is my marginal rate after I pay tax on everything else.
We are getting off-topic but I will eventually have my RRIF withhold tax at a minimum of my MTR as well.... to mitigate even larger installment payments.
by AltaRed
15 Jan 2018 20:48
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: unauthorized withdrawal from my i-Trade RIF
Replies: 9
Views: 175

Re: unauthorized withdrawal from my i-Trade RIF

I forgot to mention that the withdrawal last year was not at my request and was subsequently reversed. I'm annoyed because they just did it again. Yeah, but what did you input into the RRiF application for withdrawal provisions when you opened the RIF? That is the question I am asking (see the form...
by AltaRed
15 Jan 2018 18:01
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: unauthorized withdrawal from my i-Trade RIF
Replies: 9
Views: 175

Re: unauthorized withdrawal from my i-Trade RIF

Different brokerages obviously do different things and I merely wanted to point out that in iTrade where I also have an RRSP, the RIF withdrawal instructions are initially set when the RRIF is set up to begin with. I don't know what mechanisms are in place (or what needs to be done) to change those ...
by AltaRed
15 Jan 2018 17:29
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Leasehold Condos
Replies: 9
Views: 174

Re: Leasehold Condos

Are we talking about the same thing? Condos, retirement community detached homes, etc. might all be strata, but is the land component held freehold (as in Ontario crown registered in the provincial land registry)? Or long lease leasehold (First Nations land which i believe the land registration is s...
by AltaRed
15 Jan 2018 17:00
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: unauthorized withdrawal from my i-Trade RIF
Replies: 9
Views: 175

Re: unauthorized withdrawal from my i-Trade RIF

What instructions do you have in place with them with respect to annual withdrawals? I am not there yet. but I understand you would have given them instructions at the time you established your RRIF and those instructions remain in place until cancelled/revised (seems that way to me if they have don...
by AltaRed
15 Jan 2018 14:16
Forum: Under the Mattress: Protecting Your Money
Topic: Microsoft Money discussion
Replies: 38
Views: 6103

Re: Microsoft Money discussion

Resurrecting an old thread, and this may have been discussed elsewhere, but I just happened to run into this year old link from another source that suggests those who have been using legacy Microsoft Money might be interested in the "Sunset" version of Microsoft Money. It does not have online servic...
by AltaRed
15 Jan 2018 12:45
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Finding PE ratios for Canadian companies
Replies: 8
Views: 56

Re: Stock/Bond/Index/Fundamental/Asset Class/Quotes - Sources

BMOIL uses Thomson Reuters and Globeinvestor Gold as their 3rd party sources. It's close enough I suspect for my use. All sources provide highly precise, but maybe not 100% accurate depending on assumptions used.
by AltaRed
15 Jan 2018 11:25
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Finding PE ratios for Canadian companies
Replies: 8
Views: 56

Re: Stock/Bond/Index/Fundamental/Asset Class/Quotes - Sources

I used to compare the price ratios for individual equities at Reuters versus Morningstar. Unfortunately, from what I can see, Reuters took that free valuable information away, so now I'm basically left with just Morningstar's data. And Morningstar currently has a forward P/E of 16.4 for NFI. FWIW, ...
by AltaRed
15 Jan 2018 11:22
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TWO TFSA Accounts - Which Two Stocks? ENB/TD
Replies: 6
Views: 159

Re: TWO TFSA Accounts - Which Two Stocks? ENB/TD

I am now in withdrawal mode in my investment portfolio and currently hold 1 stock and 1 mutual fund in my TFSA, Eventually it will be only the 1 mutual fund. I simply don't like to mess with individual stock holdings smaller than about $30-50k each. That said, with a $60k TFSA, and those relatively ...
by AltaRed
15 Jan 2018 11:13
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Finding PE ratios for Canadian companies
Replies: 8
Views: 56

Re: Stock/Bond/Index/Fundamental/Asset Class/Quotes - Sources

I don't think you can count on any data source as being precisely correct. One may have counted the last 4 quarters of earnings as the denominator, while another may take the last available quarter and multiply it by 4 for the denominator. Some may use adjusted earnings, while others may not. Your b...
by AltaRed
15 Jan 2018 11:09
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Leasehold Condos
Replies: 9
Views: 174

Re: Leasehold Condos

It is a debate almost everywhere including here in the Okanagan where there is a lot of leasehold on indigenous lands up and down the valley. The primary value in my opinion is 'lower cost entry' for young couples or young families wanting to put a decent roof over their heads, and/or seniors who do...
by AltaRed
15 Jan 2018 10:57
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TWO TFSA Accounts - Which Two Stocks? ENB/TD
Replies: 6
Views: 159

Re: TWO TFSA Accounts - Which Two Stocks? ENB/TD

As long as you and your wife are together, and you consider your wealth 'pooled', what difference does it make where an individual asset is? OTOH, if your wife truly wishes to steer her own account, that decision is hers as to what she wants in it. FWIW, I don't see why it matters which one might ha...
by AltaRed
14 Jan 2018 23:21
Forum: Taxing Situations
Topic: US Resident Moving to Canada - Deemed Acquisition Question
Replies: 3
Views: 68

Re: US Resident Moving to Canada - Deemed Acquisition Question

Your current assets will have an ACB set at the FMV on the date you enter Canada for the purposes of CRA and Canadian taxation, and anything you sell once in Canada will use that ACB as the cost base for cap gains/loss purposes. I have no idea how the IRS will treat those assets once you sell them, ...
by AltaRed
14 Jan 2018 23:11
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Sears Canada (Symbol-SCC)
Replies: 71
Views: 3386

Re: Sears Canada (Symbol-SCC)

Perhaps a reference to CTC.A's 175% total return over the last 5 years? That might make it a great stock, but a shitty company. Squeezing as much money out of consumer pockets as possible can increase profits, possibly for a decade or two. There are examples of great stocks that went on for years. ...
by AltaRed
14 Jan 2018 20:20
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2018)
Replies: 17
Views: 1519

Re: What did you sell? What might you sell? (2018)

Yes we've talked about this before. I try to use conventional/methods when posting, for example I posted I'm 40/60 I'm really 55/45 when Principal residence is included but that's not conventional method of posting on here. I have no idea why someone would post using your method means relatively no...
by AltaRed
14 Jan 2018 18:17
Forum: Retirement, Pensions and Peace of Mind
Topic: Retirement withdrawal strategy considering my unusual situation? (Long post)
Replies: 24
Views: 921

Re: Retirement withdrawal strategy considering my unusual situation? (Long post)

IF indeed the COLA increases are not factored into the deferred values on the OPs' DB pension plans. I suspect they might be IF they are fully integrated with CPP. Bruce may be able to comment on that albeit pension plan terms can all vary somewhat. It would be worthwhile for the OP to find out how ...
by AltaRed
14 Jan 2018 17:00
Forum: Taxing Situations
Topic: How often to adjust ACB on USD holdings
Replies: 23
Views: 402

Re: How often to adjust ACB on USD holdings

I have used the June 30th FX except for the T1135. I apply it to dividends and interest. CRA questioned it last year and I showed them the calculations. "OK thanks CRA said." I agree that it works out the same on average and is much less work. (For T1135, I do 12 calculations all month-end to deter...
by AltaRed
14 Jan 2018 16:57
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Sears Canada (Symbol-SCC)
Replies: 71
Views: 3386

Re: Sears Canada (Symbol-SCC)

Agree that the Bay needs to be very, very careful. They cannot rely on past realities / myths of what Canadian society is / was to ensure the future. Our local Bay is a real downer, for sure. Department stores have to recognize they cannot be all things to all people. Focus on what they do best and...
by AltaRed
14 Jan 2018 16:51
Forum: Taxing Situations
Topic: How often to adjust ACB on USD holdings
Replies: 23
Views: 402

Re: How often to adjust ACB on USD holdings

From my perspective, it is important for readers of this forum to know the facts and the circumstances behind the facts to get it right.... rather than what you or I might do personally. There are threads in a number of forums on ACB issues, and forex conversions, and when currency forex gains/losse...
by AltaRed
14 Jan 2018 15:48
Forum: Taxing Situations
Topic: How often to adjust ACB on USD holdings
Replies: 23
Views: 402

Re: How often to adjust ACB on USD holdings

That is only for multiple transactions of the same security, a point I did acknowledge in my post above. It is a disservice to imply It applies to multiple transactions in the portfolio overall for a range of securities for example. It does not apply across the portfolio.
by AltaRed
14 Jan 2018 14:52
Forum: Taxing Situations
Topic: How often to adjust ACB on USD holdings
Replies: 23
Views: 402

Re: How often to adjust ACB on USD holdings

Adrian, your reference is NOT a tax guide. You keep bringing up that poorly written html that has nothing behind it. Go to the Capital Gains Tax Guide itself https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4037/capital-gains-2016.html#P317_34283 That said, if one wa...
by AltaRed
14 Jan 2018 14:04
Forum: Retirement, Pensions and Peace of Mind
Topic: Optional Additional CPP
Replies: 23
Views: 567

Re: Optional Additional CPP

I actually said 'doesn't make as much sense' albeit it would still be better and thus I don't disagree. The difference was marginal to me as my RRSP is/was less than 10% of my investable assets and my CPP is split 50/50 anyway with my ex.
by AltaRed
14 Jan 2018 11:49
Forum: Retirement, Pensions and Peace of Mind
Topic: Optional Additional CPP
Replies: 23
Views: 567

Re: Optional Additional CPP

With the new discount factors, it pays to take a serious look at deferment. Didn't make nearly as much sense under the prior system...which is what I purposely signed on too when I took CPP at about age 62.5 yrs of age. I basically picked a window that gave me a bit of a cushion for zero years, and ...
by AltaRed
14 Jan 2018 11:45
Forum: Taxing Situations
Topic: How often to adjust ACB on USD holdings
Replies: 23
Views: 402

Re: How often to adjust ACB on USD holdings

There is vast disagreement with Adrian's point of view so I would dismiss it outright. CRA is only conceding with respect to annual forex rate for recurring income during a calendar year to simplify calculation and reporting. There is too much literature from both CRA and accounting sources to argue...