Search found 2338 matches

by George$
30 Dec 2014 13:13
Forum: Under the Mattress: Protecting Your Money
Topic: Which Charity Is The least Worthy Of A Donation
Replies: 108
Views: 13224

Re: Which Charity Is The least Worthy Of A Donation

I have already donated for 2014 - but am looking for 2015. A friend has suggested "Indian Village Poverty Relief Fund" It looks exceptional to me. Does anyone here have any experience See http://www.indiavillagefund.org/Contact.php and http://www.indiavillagefund.org/Donation_Form.php Does anyone he...
by George$
21 Dec 2014 13:10
Forum: Financial Planning and Building Portfolios
Topic: Howard Marks' Memos - Bubbles & Bubbles on top of Bubbles
Replies: 31
Views: 4312

Re: Howard Marks' Memos - Bubbles & Bubbles on top of Bubble

The Dec 18, 2014 latest letter from Howard Marks - always worth reading carefully and slowly

The Lessons of Oil
by George$
17 Dec 2014 16:30
Forum: Financial Planning and Building Portfolios
Topic: Risk parity
Replies: 26
Views: 1508

Re: Risk parity

ghariton wrote: And now you know everything I know about the subject. :wink:

(the other) George
:thumbsup: nuch thanks to George from George$

I vaguely remember that years ago you came in first as "George" -- and so I added $ :)
by George$
17 Dec 2014 14:18
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Sherritt International Corporation (TSE:S)
Replies: 52
Views: 1538

Re: Sherritt International Corporation (TSE:S)

Back from the dead? Nice pop in share price today, Sherritt Jumps After U.S. Moves to Normalize Cuba Ties - Bloomberg Sherritt rose 23 percent to C$2.79 at 11.16 a.m. in Toronto, where the company is based. It earlier climbed to C$2.80, the biggest intraday increase since April 2009. On the flip si...
by George$
17 Dec 2014 14:07
Forum: Financial Planning and Building Portfolios
Topic: Risk parity
Replies: 26
Views: 1508

Re: Risk parity

"Risk parity" has been mentioned in passing in various threads but there isn't a dedicated one yet I could find. According to Wikipedia, Risk parity (or risk premia parity) is an approach to investment portfolio management which focuses on allocation of risk, usually defined as volatility, rather t...
by George$
10 Dec 2014 07:04
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: AGF Management (Symbol-AGF.B)
Replies: 88
Views: 9555

Re: AGF Management (Symbol-AGF.B)

Some work out - others don't - and in some I have been stupid - that is me in AGF. This post is to balance my boasting of good results against my poor results A few years ago I put in some $ in AGF (not that much). My mistake - I should have known. I recall thinking that Canada might continue giving...
by George$
04 Dec 2014 12:14
Forum: Financial Planning and Building Portfolios
Topic: Norbert's gambit - Can$ to US$ or vice versa
Replies: 1214
Views: 168266

Re: Norbert's gambit - Can$ to US$ or vice versa

adrian2 wrote:
SQRT wrote:Yes the gambit works fine. Just not happy with the weak CDN dollar.
Time to do it the other way around! :P

Yes Adrian, exactly what I plan to do - as the CDN dollar goes down. :thumbsup:
by George$
04 Dec 2014 11:23
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Microsoft (Symbol-MSFT) - whereto
Replies: 241
Views: 44638

Re: Microsoft (Symbol-MSFT) - whereto

I keep looking at MSFT information - here are a couple this morning .... 2 Reasons Microsoft Corporation Is a Top Dividend Stock to Buy Microsoft 's dividend doesn't look quite as attractive as it did a few years ago. The dividend yield is currently just 2.6%, higher than the S&P 500 average, but a ...
by George$
23 Nov 2014 10:33
Forum: Financial Planning and Building Portfolios
Topic: What % in equities.
Replies: 66
Views: 2947

Re: What % in equities.

Age 63 2% cash and pref's 30% canadian equity 68% US equity Portfolio yield 1.88% Annual income $85000 57% of the equity in 4 individual company positions. In my case - - ignoring value of house and DB pension plan and CPP - thus leaving liquid portfolio - Age 74 25% - cash estimate 3% - or less fo...
by George$
16 Nov 2014 13:43
Forum: Financial Planning and Building Portfolios
Topic: Folklore of Finance - new report from State Street - CAR
Replies: 0
Views: 725

Folklore of Finance - new report from State Street - CAR

This was just passed my way by CV. Looks worthy for a separate. Three links follow - The Folklore of Finance: Beliefs That Contribute to Investors’ Failure - in New York Times Including the following text - In 1990, 14 percent of domestic equity mutual funds achieved “true” alpha — which was defined...
by George$
16 Nov 2014 13:24
Forum: Financial Planning and Building Portfolios
Topic: Investment Books
Replies: 69
Views: 7681

Re: Investment Books

If you click on Bernstein's New Books at efficient frontiers he has a free download called "If You Can" which is targeted to the young investor. Is this still available to copy free? - I don't see it :( George: Below the book "If you can", you choose from one of three formats. Acrobat, Mobi, or Kin...
by George$
16 Nov 2014 12:53
Forum: Financial Planning and Building Portfolios
Topic: Investment Books
Replies: 69
Views: 7681

Re: Investment Books

Taggart wrote:If you click on Bernstein's New Books at efficient frontiers he has a free download called "If You Can" which is targeted to the young investor.
Is this still available to copy free? - I don't see it :(
by George$
07 Nov 2014 16:14
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Microsoft (Symbol-MSFT) - whereto
Replies: 241
Views: 44638

Re: Microsoft (Symbol-MSFT) - whereto

I was just reading some of the older Chou Letters of the Manager, and apparently back in April 2000 Microsoft was trading at 25 times revenue and 100 times earnings. The stock is now quite a bit cheaper than then, but I've tended to keep away from individual technology stocks since the turn of the ...
by George$
06 Nov 2014 12:13
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you buy? What might you buy? (2014)
Replies: 480
Views: 52172

Re: What did you buy? What might you buy? (2014)

Me - have not bought anything for the past 2-3 years.

I keep about 25% of assets in cash - why? Two reasons. In case I need it or want to give it away - but also when we see the stock market in another major crash (like 2008-09) - I will be ready to be a serious buyer. :)
by George$
06 Nov 2014 10:12
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Value Investing - do cheap stocks outperform?
Replies: 281
Views: 37511

Re: Value Investing - do cheap stocks outperform?

Re Taggart's reference (related perhaps?) - see Dimensions of Popularity - by ROGER G. IBBOTSON AND THOMAS M. IDZOREK CONCLUSIONS For many years, academics have sought to explain and understand asset prices, with a strong emphasis on market premiums and market anomalies. Generally, these academics e...
by George$
06 Nov 2014 10:05
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Microsoft (Symbol-MSFT) - whereto
Replies: 241
Views: 44638

Re: Microsoft (Symbol-MSFT) - whereto

I keep looking at MSFT as it creeps up and up - at the moment at $48.33 - :thumbsup: Here is some reading - Why This Billion Dollar Hedge Fund is Betting Big on Microsoft Corporation Stock What does Hexavest find so attractive about Microsoft? A review of its investment philosophy makes it clear why...
by George$
06 Nov 2014 09:43
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Value Investing - do cheap stocks outperform?
Replies: 281
Views: 37511

Re: Value Investing - do cheap stocks outperform?

If you read the previous page on this thread, you'll find a few posts on illiquidity. This continues with an article from Robert Tattersall in Globeinvestor. One way for small investors to outperform institutions Thanks Taggart. Yes, a very interesting article - mention of - Roger Ibbotson, made wh...
by George$
04 Nov 2014 16:48
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Fairfax Financial Holdings Limited (Symbol-FFH)
Replies: 166
Views: 24745

Re: Fairfax Financial Holdings Limited (Symbol-FFH)

A good up day for Fairfax - up 5.05% to $545.74 per share today - wonder if it will go up more - who knows :roll:

My top 5 (via $ value) share holdings these days - in descending order - with Fairfax in third (why I keep looking at it)

MSFT
HPQ
FFH
JNJ
BRK.B
by George$
03 Nov 2014 07:32
Forum: Retirement, Pensions and Peace of Mind
Topic: MoneySense and Blackrock and "retirement rich" ??
Replies: 23
Views: 2141

Re: MoneySense and Blackrock and "retirement rich" ??

Just a brief comment about Chou Funds. It is the only "active fund" where I have some of our personal portfolio. It has done well for us. True there is an annual fee of about 1.7% or so. But I am also attracted by Chou's clarity and truth in his reports. And some years ago he did perform this amazin...
by George$
02 Nov 2014 16:31
Forum: Retirement, Pensions and Peace of Mind
Topic: MoneySense and Blackrock and "retirement rich" ??
Replies: 23
Views: 2141

Re: MoneySense and Blackrock and "retirement rich" ??

In other words lumping total assets to total income is misleading if applied to retail and ishares. Don't you agree? Misleading in what sense? The ratio is very different if you are referring to institutional assets - or referring to retail assets - or referring to iShare assets - all at BlackRock....
by George$
02 Nov 2014 16:21
Forum: Retirement, Pensions and Peace of Mind
Topic: MoneySense and Blackrock and "retirement rich" ??
Replies: 23
Views: 2141

Re: MoneySense and Blackrock and "retirement rich" ??

It's true that scale is key for fund management businesses like BlackRock. In the early going, the capital investment required to build the business property is very significant. And operating expenses of the business are high. Such is the downside of operating leverage. ... Thanks Dan - but there ...
by George$
02 Nov 2014 16:00
Forum: Retirement, Pensions and Peace of Mind
Topic: MoneySense and Blackrock and "retirement rich" ??
Replies: 23
Views: 2141

Re: MoneySense and Blackrock and "retirement rich" ??

My question - can they really maintain their low cost ETS - and see at the same time huge profits? I simply don't understand how they are doing it. AUM: 4.32T Revenue: 11.07B .... I think this ratio number is misleading - it depends on client type - but correct me if necessary. On page 4 in the 201...
by George$
02 Nov 2014 13:48
Forum: Retirement, Pensions and Peace of Mind
Topic: MoneySense and Blackrock and "retirement rich" ??
Replies: 23
Views: 2141

Re: MoneySense and Blackrock and "retirement rich" ??

My question - can they really maintain their low cost ETS - and see at the same time huge profits? I simply don't understand how they are doing it. AUM: 4.32T Revenue: 11.07B Assuming that all their revenue comes from the management fees: 11,070,000,000 / 4,320,000,000,000 = 0.26% average fee. Soun...
by George$
02 Nov 2014 11:40
Forum: Retirement, Pensions and Peace of Mind
Topic: MoneySense and Blackrock and "retirement rich" ??
Replies: 23
Views: 2141

Re: MoneySense and Blackrock and "retirement rich" ??

To change the MS topic - to BlackRock. I have not owned BLK shares - but I would like to know more about it. Today BLk shares are worth about $57 billion With a P/E of about 17 - suggests the earnings are running at $3 billion a year. My question - can they really maintain their low cost ETS - and s...
by George$
02 Nov 2014 11:13
Forum: Retirement, Pensions and Peace of Mind
Topic: MoneySense and Blackrock and "retirement rich" ??
Replies: 23
Views: 2141

Re: MoneySense and Blackrock and "retirement rich" ??

Well, perhaps I am over reacting or perhaps over sensitive Norm - but I will try to briefly explain and respond. Like almost all other media properties in the country, the magazine earns money from subscriptions and ads. Typically the subscriptions pay for the printing and distribution costs and the...