Search found 13055 matches

by AltaRed
22 Nov 2017 00:33
Forum: Retirement, Pensions and Peace of Mind
Topic: Property POA - Financial Directive?
Replies: 8
Views: 181

Re: Property POA - Financial Directive?

Indeed, we do not know his family situation OR his assets, nor should he feel compelled to disclose them. On matters like this, he needs to start talking to some professionals. A financial POA may be of less consequence than his health directive if he absolutely has no one to turn too.
by AltaRed
22 Nov 2017 00:29
Forum: Taxing Situations
Topic: Canadian lives US, receiving Manulife account in divorce through a QDRO-what to do?
Replies: 5
Views: 145

Re: Canadian lives US, receiving Manulife account in divorce through a QDRO-what to do?

Check with other Canadian brokerage institutions such as TD Direct Investing. All Canadian brokerages hold RRSPs for non-resident Canadians, so why not a LIRA. TDDI seems to be more cooperative than some, partly since they already have such a large US presence already. They may not want to deal with...
by AltaRed
21 Nov 2017 20:20
Forum: Retirement, Pensions and Peace of Mind
Topic: Property POA - Financial Directive?
Replies: 8
Views: 181

Re: Property POA - Financial Directive?

Since the OP said he has no one he can really trust (I assume he means friends and family and/or business associates), I think he needs to come to terms with a professional trustee, and that this will cost money. He also has to wrestle with the protocols trustees are supposed to be use (likely to be...
by AltaRed
21 Nov 2017 17:25
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Affordability
Replies: 3
Views: 78

Re: Housing Affordability

I agree the chart is about relativity and that is all the discussion should have been about.
by AltaRed
21 Nov 2017 17:07
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Affordability
Replies: 3
Views: 78

Re: Housing Affordability

Except Rob is very sloppy in his Econ 101. He has not addressed that the old ratio of 3 was based on a period of time of much higher mortgage interest rates. The better measure would be to include the impact of 3% versus 8-10% rates of yesteryear. I know Rob is simply comparing 2015 and 2017 but he ...
by AltaRed
20 Nov 2017 18:38
Forum: Now Hear This!
Topic: Can't read a Private Message I allegedly had
Replies: 13
Views: 137

Re: Can't read a Private Message I allegedly had

Works for me now too (Win10 Desktop and Chrome) whereas that was the one instance where it was not working before.
by AltaRed
20 Nov 2017 14:52
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: New Flyer Industries (Symbol - NFI.TO)
Replies: 18
Views: 415

Re: New Flyer Industries (Symbol - NFI.TO)

Yes, I would continue to hold it if I had it. I am a 'buy and hold' type guy. I rarely sell something just to hop to something else....until it REALLY pisses me off. But to buy in the first place, especially with a yield under 3%, I have to be convinced of reasonable expectations of capital apprecia...
by AltaRed
20 Nov 2017 13:40
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: New Flyer Industries (Symbol - NFI.TO)
Replies: 18
Views: 415

Re: New Flyer Industries (Symbol - NFI.TO)

You have to make up your own mind. If I had all the answers, I'd be on my yacht off St. Lucia right now.
by AltaRed
20 Nov 2017 12:59
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 163
Views: 16305

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

Just sold CAR.UN in my TFSA for a substantial profit (~20% + distributions) from my purchase just over a year ago. Proceeds are going into MAW104 in my TFSA. My latest (newest) objective for my 'never to be touched' TFSA is to have only one holding, i.e. MAW104, in it. Set and forget until my estate...
by AltaRed
20 Nov 2017 12:53
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: New Flyer Industries (Symbol - NFI.TO)
Replies: 18
Views: 415

Re: New Flyer Industries (Symbol - NFI.TO)

Waiting either way. I don't see enough of a growth story to warrant current valuations. What they have is good backlog....which is different than growth given what I believe limited capacity to increase production rate. Someone needs to convince me they can materially increase production/delivery ra...
by AltaRed
20 Nov 2017 12:37
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TransCanada (Symbol-TRP)
Replies: 343
Views: 52749

Re: TransCanada (Symbol-TRP)

Now it will be the environmentalists and other misguided folks, i.e. Standing Rock2, turn to try and derail construction. TRP also still has to get ROW land access agremeents (permitting) in place and that will be contentious too (aka what the dim lights in Burnaby are doing to impede KML)
by AltaRed
20 Nov 2017 12:33
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: New Flyer Industries (Symbol - NFI.TO)
Replies: 18
Views: 415

Re: New Flyer Industries (Symbol - NFI.TO)

Good information, which validates what I thought anyway. Based on their financials, I thought they would be relatively insulated from a NAFTA collapse, some tariffs on cross-border parts notwithstanding. I suspect most businesses with a substantial US presence would find a way to minimize cross-bord...
by AltaRed
20 Nov 2017 12:24
Forum: Taxing Situations
Topic: Need Emera ACB
Replies: 2
Views: 109

Re: Need Emera ACB

Usually Investor Relations of a company can provide historical values. One of the grunt jobs in that department. Try them. One other point though. Depending on who did her taxes in 1994 and beyond, the tax accountant may have captured the February 22, 1994 'grandfathered' capital gain exemption (mar...
by AltaRed
20 Nov 2017 12:05
Forum: Now Hear This!
Topic: Can't read a Private Message I allegedly had
Replies: 13
Views: 137

Re: Can't read a Private Message I allegedly had

Indeed, the link for Private Message is broken. Me thinks a recent software update broke it. No doubt an Administrator will be on top of the problem when one is available.
by AltaRed
20 Nov 2017 11:07
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 286
Views: 16436

Re: Clippings 2017

I have seen evidence of a secondary market. I have a client with a full service brokerage who purchased a number of GICs on the secondary market a few years ago. I suspect the seller was the the same brokerage firm, and was motivated to sell. But such a market would not be very active I would think...
by AltaRed
20 Nov 2017 10:41
Forum: Retirement, Pensions and Peace of Mind
Topic: Property POA - Financial Directive?
Replies: 8
Views: 181

Re: Property POA - Financial Directive?

There are a number of threads on this very stuff if you chose to do a forum Search (Advanced Search icon). I agree with Bruce that one can put some restrictions on a Property POA but they should be left quite broad to take into account wide ranging environmental/business conditions that might occur....
by AltaRed
19 Nov 2017 18:46
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 286
Views: 16436

Re: Clippings 2017

I think there is a place for bond ETFs in the corporate market, especially the higher, but still investment grade, corporate market due to default risk, but otherwise, it is about convenience. I'd been able to pick through Scotiia's inventory for bonds every 6 months or so and sometimes I will find ...
by AltaRed
19 Nov 2017 18:41
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 286
Views: 16436

Re: Clippings 2017

Technically it does. Outside of an estate crystallization, if you have to sell it in the very thin, virtually non-existent, secondary market in an act of desparation, you'll be hammered. We were given the option of 'maturing' the GIC or selling it in the secondary market when distributing the esate ...
by AltaRed
19 Nov 2017 13:28
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 416
Views: 26599

Re: High interest rates for savings, GICs and MMFs (2017)

If you have a good relationship with TD CT, I'd phone them and demand why not....and why some customers appear to be more special than others. It may, or may not, work. Anecdote: That tactic didn't work for me at PCF earlier this year, so I told them to transfer every last cent of my account out and...
by AltaRed
18 Nov 2017 14:08
Forum: Financial Planning and Building Portfolios
Topic: Norbert's Gambit: CAD chequing to USD checking
Replies: 6
Views: 204

Re: Norbert's Gambit: CAD chequing to USD checking

If the OP does not already have a Cdn brokerage account to do a NG. and depending on the money involved, the OP may just want to use something like XE.com, or Knightsbridge.com. It may be difficult to open a Cdn brokerage account anyway given the OP is a non-resident of Canada, and regardless, Cdn b...
by AltaRed
18 Nov 2017 10:48
Forum: Under the Mattress: Protecting Your Money
Topic: Best Credit Card (2016-2017)
Replies: 225
Views: 9828

Re: Best Credit Card (2016-2017)

I doubt it. Merchants are pushing back as it is on the fees they pay and there are plenty of cash back cards now. They are not likely to tolerate even higher fees for even higher cashback cards for us consumers and I don't blame them. After all, the CC companies don't give you cash back rewards from...
by AltaRed
18 Nov 2017 00:11
Forum: Under the Mattress: Protecting Your Money
Topic: Best Credit Card (2016-2017)
Replies: 225
Views: 9828

Re: Best Credit Card (2016-2017)

Ditto. Credit card trip cancellation/interruption coverage is severely limited. Okay for local travel and cheap vacations, but little else.
by AltaRed
17 Nov 2017 17:55
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Small Stock Investing.
Replies: 10
Views: 438

Re: Small Stock Investing.

Correct...except today when it closed, if Google Finance is right, with a market cap of $5.06B. :wink:

S&P mid-cap in the USA is $200M to $5B which is a pretty large range.
by AltaRed
17 Nov 2017 14:46
Forum: Financial News, Policy and Economics
Topic: Oil
Replies: 1259
Views: 123220

Re: Oil

That is smart for obvious reasons. Why have your sovereign wealth fund exposed to the same industry as a significant portion of your GDP? Same issue as disproportionately holding the stock of your company you work for, or if not your company, the industry that you work in.