Search found 1240 matches

by CROCKD
10 Dec 2017 20:45
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Bust 2017
Replies: 201
Views: 10634

Re: Housing Bust 2017

Mordko wrote: And its a good thing.
?????

Try telling that to one of my children who is trying to establish a place for himself and his young family in the GTA.
Meanwhile the other one is already well settled in the Kitchener area.
by CROCKD
08 Dec 2017 13:28
Forum: Under the Mattress: Protecting Your Money
Topic: Using Bitcoins
Replies: 20
Views: 2001

Re: Using Bitcoins

A professor of value investing warns about the future of bitcoin And this article Bitcoin goes mainstream as Wall Street warns of risks The group said it remained "apprehensive with the lack of transparency and regulation" surrounding bitcoin and questioned whether exchanges could ensure the crypto...
by CROCKD
30 Nov 2017 19:33
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 445
Views: 28691

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

I am having trouble getting my head around this. I only ever have had a savings account at Tangerine (used to be my ING account). I also used to have a USD account but cancelled when BNS screwed the rates. I just checked my Simplii account. I received the two micro deposits on Nov. 7. Confirmed with...
by CROCKD
30 Nov 2017 19:18
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 302
Views: 17801

Re: Clippings 2017

More Ethanol in gasoline. Ontario to double gasoline’s ethanol content requirement Although studies have proven this is a bad idea, governments continue to flog this dead horse. The growing of more corn has been shown to be bad for the environment. But not for ethanol producers. The province's two l...
by CROCKD
28 Nov 2017 12:54
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 445
Views: 28691

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

adrian2 wrote:Link it the other way around.
+1. Exactly what I did. After providing Tangerine the instit no, transit no and account no at Simplii they send two small deposits to your account. After they arrive you confirm receipt and your accounts are linked.
by CROCKD
27 Nov 2017 13:34
Forum: Under the Mattress: Protecting Your Money
Topic: Teaching Financial Literacy in School
Replies: 4
Views: 211

Teaching Financial Literacy in School

With Canadians at an all time high in debt (expensive housing and low interest rates) and Black Friday just behind (how many shoppers considered their needs vs wants), it seems that it is timely for education systems to be tackling this.
How B.C. children are learning financial literacy from K to 12
by CROCKD
24 Nov 2017 13:45
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 302
Views: 17801

Re: Clippings 2017

by CROCKD
22 Nov 2017 17:54
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Behavioural Economics - Investing Decisions
Replies: 0
Views: 129

Behavioural Economics - Investing Decisions

Emotions interfere with investing decisions Recent experiments monitoring brain activity with magnetic resonance imaging (MRI) and electroencephalography show monetary gain activates the same pleasure centre associated with food, drugs and sex. Classical economics has long relied on the assumption ...
by CROCKD
21 Nov 2017 17:22
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Affordability
Replies: 18
Views: 640

Re: Housing Affordability

A good point but whether a higher ratio as a result of low mortgage rates should have been used, it does show the relative affordability of various cities and shows that Toronto and Vancouver are seriously in the unaffordable range for many people.
by CROCKD
21 Nov 2017 16:35
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Affordability
Replies: 18
Views: 640

Housing Affordability

A review of affordability across Canada using the metric of Average Resale House Price to Gross Household Income. The middle-class wannabe homeowner in Toronto and Vancouver Of major cities Calgary and Montreal are a little above the desired ratio of 3 times but Toronto and Vancouver are way out of ...
by CROCKD
21 Nov 2017 14:41
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 445
Views: 28691

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

I avoided any hassles with Simplii by taking all my money out of PCF before the end of October and waiting for them to start up as Simplii. My PCF user ID and password was valid for Simplii as they had previously advertised, so I was able to transfer money in. I got tired of the Tangerine two step o...
by CROCKD
21 Nov 2017 13:55
Forum: Taxing Situations
Topic: CRA 's evaluation of their performance
Replies: 1
Views: 195

CRA 's evaluation of their performance

The auditor general says the CRA are cooking the books re their performance. CRA blocks calls, often gives taxpayers wrong information, auditor says Another item reported on by the AG. Phoenix pay system will cost 'much more' than $540-million to fix The feds should put this dog down. IBM has failed...
by CROCKD
04 Nov 2017 17:43
Forum: Retirement, Pensions and Peace of Mind
Topic: RRIF Withdrawal
Replies: 42
Views: 2157

Re: RRIF Withdrawal

I have a self directed RRIF. In my case I gave instructions of how much to sell of which security(s).
by CROCKD
27 Oct 2017 18:56
Forum: Financial Planning and Building Portfolios
Topic: Robo-advisors
Replies: 55
Views: 5813

Re: Robo-advisors

Robo-advisers find popularity where few thought they would After discovering that he was paying more than $20,000 a year in fees, Bruce Pinn, a 57-year-old executive from Toronto, decided to make a drastic move and fire his investment adviser of 18 years. At the end of the article there is graphic ...
by CROCKD
20 Oct 2017 10:35
Forum: Financial Planning and Building Portfolios
Topic: Gifting to Grandchildren
Replies: 7
Views: 428

Re: Gifting to Grandchildren

Note that financial institutions are reluctant or will refuse deposits to a TFSA except by the person whose TFSA it is. That is why I have given money to each of my children so that they could make the deposits to their TFSAs.
by CROCKD
15 Oct 2017 12:19
Forum: Taxing Situations
Topic: Investment income in a CCPC
Replies: 877
Views: 73734

Re: Investment income in a CCPC

I saw an interview with the Conservative Party's 'Liar in Chief' Pierre Poilievre on this subject. Obvious during the last election he had already invented 'alternative truths' before Trump and his crowd in the US had even thought of it. Perhaps those who are vehemently opposed to the tax proposal i...
by CROCKD
12 Oct 2017 13:27
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 524
Views: 50719

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

On the theory that there are no dumb questions, what does a trade of a quarter or half position mean? :?
by CROCKD
12 Oct 2017 13:09
Forum: Taxing Situations
Topic: Taxing Employee Discounts
Replies: 6
Views: 290

Taxing Employee Discounts

Some genius bureaucrat at CRA decided it would be a good idea to tax employee discounts e.g. that free hamburger to a minimum wage worker or discounts on clothing for retail workers - already one of the lowest paid job categories. And don't forget the nightmare of policing and tracking stuff like th...
by CROCKD
11 Oct 2017 15:27
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 172
Views: 17639

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

Sold all my Altagas (ALA-T) and all my Exchange Income Corp. (EIF-T).
by CROCKD
11 Oct 2017 13:37
Forum: Financial News, Policy and Economics
Topic: Protectionism
Replies: 292
Views: 26466

Re: Protectionism

Delta intend to go ahead with their order of Bombardier CS-100s.
Delta chief says airline won’t abandon Bombardier order
by CROCKD
10 Oct 2017 10:58
Forum: Under the Mattress: Protecting Your Money
Topic: Bank and Credit Card Fraud
Replies: 309
Views: 33060

Re: Bank and Credit Card Fraud

Problems with TD credit cards investigated by the CBC. TD Bank customer frustrated with fraud investigation Another customer who contacted CBC News had a limit of $500 on her TD Visa, but a fraudster was somehow able to rack up charges adding to $138,922 in the summer of 2016 When CBC News inquired ...
by CROCKD
08 Oct 2017 13:35
Forum: Financial Planning and Building Portfolios
Topic: How far are you from retirement?
Replies: 28
Views: 1298

Re: How far are you from retirement?

Hamor - you have my sympathies. I live in the GTA and when I take the subway occasionally on weekdays I am amazed at how crowded it is at all times of the day. I would guess that commuting is a killer for most people. I was fortunate in that my longest commutes were a suburban bus ride when I worke...
by CROCKD
08 Oct 2017 12:55
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 445
Views: 28691

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

Not familiar with the G&M one but you might find this fulfills your needs.
Comparison chart