Search found 12751 matches

by AltaRed
21 Sep 2017 13:44
Forum: Taxing Situations
Topic: Working as an EXPAT in the US
Replies: 8
Views: 140

Re: Working as an EXPAT in the US

[OT] I thought that the ties to Canada argument was mainly relevant to travelling retirees trying to dodge taxes, people working in countries without tax treaties, or people trying to claim Canadian benefits (but I have no expertise here). [/OT] Not just those folks. Folks on TN (typically 1 year o...
by AltaRed
21 Sep 2017 09:30
Forum: Taxing Situations
Topic: Working as an EXPAT in the US
Replies: 8
Views: 140

Re: Working as an EXPAT in the US

The problem is the house is a recent purchase, within the last 6 months. With the market going down / sideways, and real estate fees that I would incur, I’d be taking a loss with the sale. You probably should talk to a cross-border tax accountant on how this might affect you continuing to be a tax ...
by AltaRed
20 Sep 2017 22:59
Forum: Taxing Situations
Topic: Working as an EXPAT in the US
Replies: 8
Views: 140

Re: Working as an EXPAT in the US

It depends on how sophisticated your company is, but the big multi-nationals, at least in the oil industry, are somewhat similar, and if so, then my last ex-pat experience 2003-2006 might be of value to you. 1. My multi-national kept me whole on tax such that I would not pay more in total (while in ...
by AltaRed
20 Sep 2017 12:40
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 366
Views: 35926

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

True though you need to look at their properties, locations and major tenants to get a perspective of how vulnerable they might be. For RioCan owners/interested investors, they should look at their leasing portfolio.http://riocan.com/leasing-portfolio A lot of it is big box and stable businesses, ra...
by AltaRed
20 Sep 2017 11:00
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 366
Views: 35926

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

Riocan has an idea of developing their valuable real estate into hybrid condo/retail centres, which I think is a good idea, but the strain of financing that kind of expenditure is going to bring the price further down providing opportunities to jump back in later if I want to. I am still a RioCan o...
by AltaRed
20 Sep 2017 10:42
Forum: Retirement, Pensions and Peace of Mind
Topic: Does it make sense to rent in later retirment?
Replies: 40
Views: 1651

Re: Does it make sense to rent in later retirment?

Not necessarily. The burden of home ownership is very real for many people, especially as physical and mental capacities diminish. It may well be that paying more income tax as a result of capital investment (as a result of a home sale) and additional OAS clawback is a distant second concern. Those ...
by AltaRed
19 Sep 2017 19:36
Forum: Financial Planning and Building Portfolios
Topic: Philosophy of dividend investing?
Replies: 354
Views: 15107

Re: Philosophy of dividend investing?

Doesn't work for non-subscribers.
by AltaRed
19 Sep 2017 18:24
Forum: Financial Planning and Building Portfolios
Topic: Philosophy of dividend investing?
Replies: 354
Views: 15107

Re: Philosophy of dividend investing?

Think it would be better to look at a longer history, albeit 17 years covers 2 traumatic periods. I tend to agree with George that Canada's dividend payers are skewed to the financial sector, albeit I suspect Norm would argue a lot of energy/resource companies pay dividends (and included in the list...
by AltaRed
19 Sep 2017 17:11
Forum: Retirement, Pensions and Peace of Mind
Topic: Does it make sense to rent in later retirment?
Replies: 40
Views: 1651

Re: Does it make sense to rent in later retirment?

Ah, but there's the rub. What do you really want as you get into advanced years and reduced physical/mental capacity? The condo fees give you 'worry free' home ownership and a whole bunch of amenities, activities and maybe more importantly, the opportunity for as social interaction as one can stomac...
by AltaRed
19 Sep 2017 13:09
Forum: Financial Planning and Building Portfolios
Topic: Maximum single position size
Replies: 55
Views: 2147

Re: Maximum single position size

It is the fortitude to 'stay the course' and be a contrarian that was/is a significant part of your success. Everyone has to know thyself and it is in keeping with that knowledge of thyself that the deterministic outcome is 'certain' over a long period of time. Added: Too many investors change strat...
by AltaRed
19 Sep 2017 11:40
Forum: Retirement, Pensions and Peace of Mind
Topic: Does it make sense to rent in later retirment?
Replies: 40
Views: 1651

Re: Does it make sense to rent in later retirment?

Scomac, I saw on CBC News last night about a new Hamilton based lifestyle community underway by the devleoper of big resort (Disney scale) resorts and the original(?) developer of Wonderland(?) in the GTA area. If that is what you mean by lifestyle commnities? That sort of thing would appeal to us I...
by AltaRed
17 Sep 2017 13:15
Forum: Under the Mattress: Protecting Your Money
Topic: Equifax security breach
Replies: 17
Views: 751

Re: Equifax security breach

Do you mean a 'fraud alert' with Equifax in the USA? Or in Canada? AFAIK, they operate independently. FWIW, I think I may have a 'residual' credit history in the USA from my last ex-pat assignment AND because I still retain a US domiciled credit card. When I went to the Equifax USA link and put in m...
by AltaRed
17 Sep 2017 11:49
Forum: Retirement, Pensions and Peace of Mind
Topic: Does it make sense to rent in later retirment?
Replies: 40
Views: 1651

Re: Does it make sense to rent in later retirment?

Sometimes a family doctor can help in persuasion and/or to leverage the situation of someone the stubborn mother knows personally. It took my bro and I asking our mother if she really wanted us to find her crumpled at the bottom of the stairs a day or so later with a broken hip or a stroke or whatev...
by AltaRed
17 Sep 2017 11:18
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TDDI Charges Fee for Foreign Dividend
Replies: 5
Views: 401

Re: TDDI Charges Fee for Foreign Dividend

If it is as Jeremy says, perhaps all brokerages do it. Why not phone them?
by AltaRed
17 Sep 2017 11:17
Forum: Under the Mattress: Protecting Your Money
Topic: Equifax security breach
Replies: 17
Views: 751

Re: Equifax security breach

Based on what Keith posted, I'd call it a Fraud Alert. It was the Home Depot hack where HD paid for one year of monitoring. IIRC, that included the option to place a Fraud Alert on my credit file. I have only vague memory but I think I called Equifax to put this in place and it didn't cost me anythi...
by AltaRed
16 Sep 2017 10:11
Forum: Taxing Situations
Topic: T1135 Form
Replies: 131
Views: 6774

Re: T1135 Form

There mere act of me having USD in my pocket whether I am in Vancouver or Amsterdam can't possibly make a difference. I can see pre-paid balanceson a foreign debit/credit card being foreign currency, but again I can't imagine CRA worrying about travellers with foreign cash on them in a foreign count...
by AltaRed
16 Sep 2017 10:04
Forum: Under the Mattress: Protecting Your Money
Topic: Equifax security breach
Replies: 17
Views: 751

Re: Equifax security breach

I thought consent was always required to do a credit search. Are you saying that in fact the default is that anyone can access your credit file without obtaining consent? From a legitimate source, one gives authorization when one applies for credit in advance. But a nefarious source won't do those ...
by AltaRed
15 Sep 2017 17:37
Forum: Under the Mattress: Protecting Your Money
Topic: Equifax security breach
Replies: 17
Views: 751

Re: Equifax security breach

Are you sure that is what was meant? What you can do, including in Canada, is put a security alert on your Equifax credit file such that no new entity can access your credit file information without your consent. I did that with the Home Depot breach. I got a call some months later from Equifax sayi...
by AltaRed
15 Sep 2017 11:37
Forum: Financial Planning and Building Portfolios
Topic: Harvesting of capital gains
Replies: 9
Views: 411

Re: Harvesting of capital gains

You appear to have made conflicting statements. You worry about the appreciation, high CAPE and black swan events and yet you propose continuing to invest in the 'same type of funds'. That defies logic. Further, if your future tax rate will be about the same, it is almost always best to defer tax as...
by AltaRed
15 Sep 2017 10:43
Forum: Financial Planning and Building Portfolios
Topic: Maximum single position size
Replies: 55
Views: 2147

Re: Maximum single position size

For the purposes of this calculation, do folks aggregate fixed income and equity exposures to the same entity?? Or aggregate exposures through individual holdings and fund holdings?? I don't add them up explicitly but subconsciously I do. I have about half a dozen blue chips where I have the common...
by AltaRed
14 Sep 2017 20:03
Forum: Financial Planning and Building Portfolios
Topic: Maximum single position size
Replies: 55
Views: 2147

Re: Maximum single position size

I am quoting percentages based on 100% of the portfolio... excluding a few extraneous bank accounts. I see no point having anything* less than 2% unless I am in the process of building a position. * Not quite true. My fixed rate reset prefs are in the 1-1.5% range to have a 5 year ladder and still k...
by AltaRed
14 Sep 2017 19:28
Forum: Financial Planning and Building Portfolios
Topic: Maximum single position size
Replies: 55
Views: 2147

Re: Maximum single position size

Not counting ETFs, largest stock holding at this time is 3.0%
by AltaRed
14 Sep 2017 13:57
Forum: Financial Planning and Building Portfolios
Topic: How to easily measure geographic diversification
Replies: 1
Views: 86

Re: How to easily measure geographic diversification

Is there an easy way to learn those earnings breakdowns geographically? Then I would revisit/update those values something like annually. Now I know every approach to this will have pluses and minuses and that there are simoultaneous things to consider, things like dictatorships, emerging countries...
by AltaRed
14 Sep 2017 10:44
Forum: Taxing Situations
Topic: T1135 Form
Replies: 131
Views: 6774

Re: T1135 Form

Foreign currency held on your person, and/or is generally located in Canada, is not foreign property. It is no different than USD held in a Canadian domiciled bank acount or a wad of greenbacks sitting in your file cabinet. Cash held in a foreign domiciled bank account is definitely foreign property...
by AltaRed
14 Sep 2017 10:32
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 103
Views: 10826

Re: What did you sell? What might you sell? (2017)

I've never been fond of REITs primarily focused on ex-Canada holdings (nor LPs, nor fixed income for that matter), because of the currency exposure. There is just not enough room for these businesses to outperform to offset currency headwinds. But once in, why sell now? The loonie has probably toppe...