Search found 2479 matches

by deaddog
19 Sep 2017 16:52
Forum: Financial Planning and Building Portfolios
Topic: Maximum single position size
Replies: 52
Views: 2033

Re: Maximum single position size

Oh sure, it took 6 or 8 years, but the additions to OSB back in 2009 to 2011 time frame at under $10, when my initial buy was ~$100 circa 2004 or 2005, so a "loser", looks OK today sitting at $46, and I still have 82% of the number of shares I held at the end of 2011. Portfolio weighting year end 2...
by deaddog
18 Sep 2017 11:02
Forum: Financial Planning and Building Portfolios
Topic: Maximum single position size
Replies: 52
Views: 2033

Re: Maximum single position size

I've previously posted that our investment policy statement recommends an individual stock position should be reviewed when it hits 5% of the portfolio. More often than not, a review of my valuation of the company indicates that trimming the position back to under 5% is the best course of action to...
by deaddog
16 Sep 2017 01:07
Forum: Financial Planning and Building Portfolios
Topic: Harvesting of capital gains
Replies: 9
Views: 409

Re: Harvesting of capital gains

My 2 cents worth. If you are worried about a correction and wish to preserve your capital, set a value that you don't want to go below. If the market takes your portfolio down to that value then sell out, pay your cap gains tax and start looking for new opportunities. As long as your portfolio conti...
by deaddog
15 Sep 2017 10:06
Forum: Financial Planning and Building Portfolios
Topic: Maximum single position size
Replies: 52
Views: 2033

Re: Maximum single position size

I hold 29 positions, no funds, no ETFs.

Top 10 holdings make up 50%

Top 2 holdings Make up 25% (There has been no reason to sell these stocks)

Capital preservation is #1 priority.

I control risk by trading in and out of the market.
by deaddog
04 Sep 2017 11:34
Forum: Retirement, Pensions and Peace of Mind
Topic: Income taxes pushing me towards retirement
Replies: 56
Views: 1753

Re: Income taxes pushing me towards retirement

AltaRed wrote:
04 Sep 2017 11:12
YCFS
Had to look it up.
:rofl:
But so true!!!
by deaddog
04 Sep 2017 10:51
Forum: Retirement, Pensions and Peace of Mind
Topic: Income taxes pushing me towards retirement
Replies: 56
Views: 1753

Re: Income taxes pushing me towards retirement

I have no trouble with taxing lottery winnings and don't understand why we don't. Aren't they the very definition of unearned income ? IIRC, the argument against taxing lottery winnings is that the tickets are purchased with after tax dollars. Course that argument falls apart when the government ta...
by deaddog
03 Sep 2017 11:13
Forum: Retirement, Pensions and Peace of Mind
Topic: Income taxes pushing me towards retirement
Replies: 56
Views: 1753

Re: Income taxes pushing me towards retirement

I came to the exact same conclusion as you did early 2017. I happen to have a decent non-registered nest egg, on top of maxed out TFSA and RRSP. The non-reg portfolio started attracting a lot of taxes, which put me year after year in increasingly uncomfortable tax brackets, once topped up with my s...
by deaddog
29 Aug 2017 10:54
Forum: Taxing Situations
Topic: Tax Efficiency and Asset Location
Replies: 16
Views: 521

Re: Tax Efficiency and Asset Location

One of the things I looked at was how fast to move my equities from nonregistered to TFSA. Move them as fast as possible? Or keep them in nonregistered as long as possible? I found it was better to keep them in nonregistered. But not by much. How can anything be better than tax free? In addition to...
by deaddog
29 Aug 2017 10:50
Forum: Taxing Situations
Topic: Tax Efficiency and Asset Location
Replies: 16
Views: 521

Re: Tax Efficiency and Asset Location

How can anything be better than tax free? Tax next year is better than tax this year. And my gains are compounding tax free until I sell. Agreed. Always considered the TFSA as the best place for any investment. But the question is, which investment. I have other stuff I can put in my TFSA. Your hig...
by deaddog
29 Aug 2017 00:13
Forum: Taxing Situations
Topic: Tax Efficiency and Asset Location
Replies: 16
Views: 521

Re: Tax Efficiency and Asset Location

One of the things I looked at was how fast to move my equities from nonregistered to TFSA. Move them as fast as possible? Or keep them in nonregistered as long as possible? I found it was better to keep them in nonregistered. But not by much. How can anything be better than tax free? You have to ta...
by deaddog
24 Aug 2017 10:53
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Should I sell my house and buy a townhouse??
Replies: 24
Views: 799

Re: Should I sell my house and buy a townhouse??

wdiddy wrote:
23 Aug 2017 16:46
I watch stocks for weeks before deciding to invest or not, I am not a gambler and I have yet to lose on a stock.
You will eventually. Plan on it. It is how you manage your losers that will determine you trading success.
by deaddog
13 Aug 2017 10:54
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Medical Facilities Corporation (symbol DR.TO)
Replies: 39
Views: 4198

Re: Medical Facilities Corporation (symbol DR.TO)

Up 30% in <48 hours. Shorts are funny. Gotta love a short squeeze. Shorts are more likely to take losses quickly. If you don't the results can be devastating. I recommend to beginning traders to trade the short side. Learn that taking small losses is a necessary part of the equation of trading succ...
by deaddog
13 Aug 2017 10:25
Forum: Financial Planning and Building Portfolios
Topic: Paper trading spreadsheet?
Replies: 1
Views: 156

Re: Paper trading spreadsheet?

SFSecurity wrote:
13 Aug 2017 03:26
Does anyone have a link to a free, or cheap, spreadsheet that one can do paper trading with to practice with?

Thanks,

Allen
Build your on then you will get the data you think is important.
by deaddog
06 Aug 2017 10:42
Forum: Financial Planning and Building Portfolios
Topic: etf portfolio for a 18 year old college student
Replies: 11
Views: 255

Re: etf portfolio for a 18 year old college student

Lovethesport wrote:
04 Aug 2017 18:03
hello, i am posting this for my son. he is turning 18 in november and i think he should start investing .
What does he think? At 18 I thought it would be nice to have money to spend on things I couldn't afford.
by deaddog
05 Aug 2017 11:28
Forum: Retirement, Pensions and Peace of Mind
Topic: Credit Scores for free
Replies: 64
Views: 3177

Re: Credit Scores for free

thanks any way for answering,I really appreciate as I don't know why it's coming down after being so careful. Google why is my credit score dropping and you may find the answer. Making new applications causes the score to drop along with the number of credit inquiries. Shopping for a loan might cau...
by deaddog
02 Aug 2017 11:21
Forum: Retirement, Pensions and Peace of Mind
Topic: Retirement - is it over-rated?
Replies: 263
Views: 13702

Re: Retirement - is it over-rated?

Keith, I am quite surprised to learn that your spouse's opinion wasn't dominant in the final decision to buy the family home. This seems unusual. Maybe you meant that you're the one who set the budget? No I have the ultimate decision. I also decide on electronics. Like all our decisions, there is a...
by deaddog
31 Jul 2017 13:27
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 192
Views: 11549

Re: Clippings 2017

ghariton wrote:
31 Jul 2017 12:04
And yet people keep paying good money for the experts' newsletters.

Darts or broad market indexes -- take your choice.

George
BNN market call, Newsletters, Well researched fundamentals or a Chimp throwing darts.

It is not what you buy that matters it is how you manage what you own.
by deaddog
28 Jul 2017 18:36
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 365
Views: 35722

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

Purchased a couple hundred shares of Exchange Income Corp (EIF) in my non-registered account. A small 'fun money' gamble based mostly off recent insider buying and the thought that the sell off due to the shorter's report may be overdone. We'll see... The problem is that if the report is right and ...
by deaddog
25 Jul 2017 00:10
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Best Dividend Paying Stocks
Replies: 99
Views: 6609

Re: Best Dividend Paying Stocks

I did buy Corby's. They have a history of paying special dividends every year or two. Their last one was in November 2015 so it may be time for another. Thanks again for your help. Must be a straight dividend play. Aside from the special dividend I don't see much dividend growth and the price is st...
by deaddog
23 Jul 2017 12:12
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Best Dividend Paying Stocks
Replies: 99
Views: 6609

Re: Best Dividend Paying Stocks

We are the process of converting our holdings in our TFSAs into a dividend paying stocks. In addition to a number of large caps I am looking at some smaller stocks. A&W.un, Boston Pizza,Superior[propane], MSI , BIP, Corby and Chartwell. Is there any way to determine their history of dividend growth...
by deaddog
23 Jul 2017 11:42
Forum: Financial Planning and Building Portfolios
Topic: I really could use some feedback and help...
Replies: 51
Views: 1540

Re: I really could use some feedback and help...

I am not trying to beat the market. I am simply trying to be the market over the long term that is all. That is because I won't need the money for a long period of time. I am not trying to argue. I feel as if there are very smart people who have more life experience chiming in here and I am trying ...
by deaddog
16 Jul 2017 10:55
Forum: Retirement, Pensions and Peace of Mind
Topic: Investment changes in retirement
Replies: 132
Views: 3787

Re: Investment changes in retirement

I think there's a lot of underestimating on here about how long equities can show negative real returns. I mean historically in some major countries out there it's been basically an investor's entire lifetime. Canada just happens to be one of the few lucky countries of the world that has done reall...
by deaddog
14 Jul 2017 00:35
Forum: Retirement, Pensions and Peace of Mind
Topic: Investment changes in retirement
Replies: 132
Views: 3787

Re: Investment changes in retirement

I just imagine what my wife would say if I told her than we lost more than half of our portfolio which we accumulated through hard work and savings. Fear of Wife is a great motivator. You could easily be a market timer, just show your wife your plan and then live with the consequences if you don't ...
by deaddog
10 Jul 2017 22:05
Forum: Retirement, Pensions and Peace of Mind
Topic: Investment changes in retirement
Replies: 132
Views: 3787

Re: Investment changes in retirement

I would have thought that everybody on this board had worked out the scenarios for dealing with a massive meltdown. Is that not a part of building a plan? In our case, we move to our home in Mexico where costs are half what they are in BC. That includes return trips to airbnb places in Canada. Woul...
by deaddog
10 Jul 2017 15:45
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 365
Views: 35722

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

The really fortunate break is that NFI is in my RRIF so all those returns: 6.25% pa for 5 years and then $10000 returning $261200 is tax free and will be paying out $12500 this year. How do you get money out of a RRIF tax free? I should have put a comma after tax free to indicate it is the gain (fr...