Search found 1245 matches

by CROCKD
16 Dec 2017 16:54
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 306
Views: 18660

Re: Clippings 2017

How to get away with stealing millions, a slap on the wrist (if that) repeat and rinse. Even if any of these guys serve any jail time (rare), they would get more time behind bars for beating up someone on the street outside their fake offices. And it seems the money is never recovered. Easy money: H...
by CROCKD
16 Dec 2017 14:51
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Power of Dividend Growth 2011 (and beyond)
Replies: 773
Views: 54733

Re: Power of Dividend Growth 2011 (and beyond)

"JaydoubleU" wrote:What's VPW?
I could let longinvest answer this as I believe he had a role in developing it.
You can read all about it in finiki.
The link is here. http://www.finiki.org/wiki/Variable_per ... withdrawal
by CROCKD
14 Dec 2017 21:28
Forum: Taxing Situations
Topic: WTH CRA? You're so incompetent lately
Replies: 7
Views: 283

Re: WTH CRA? You're so incompetent lately

Obviously things have come full circle. Anecdote. Years ago before the age of the internet (and before they were called CRA) I had my claim for my annual RRSP contribution denied. I was getting frustrated dealing with their representative and getting nowhere. I expressed my frustration to a friend o...
by CROCKD
12 Dec 2017 21:46
Forum: Financial Planning and Building Portfolios
Topic: Calculating Performance
Replies: 3
Views: 170

Re: Calculating Performance

Found some missed entries from 2015. Signs were correct. Now got reasonable agreement within 1%.
by CROCKD
12 Dec 2017 18:51
Forum: Financial Planning and Building Portfolios
Topic: Calculating Performance
Replies: 3
Views: 170

Calculating Performance

I am posting this because I have been using theBogleheads Calculating Personal Returns on my accounts using Libre Office. However I am questioning the accuracy of the results. The spreadsheet starts on 30/6/2013. Example on one of my accounts the money weighted return to Nov. 30, 2017 is calculated ...
by CROCKD
10 Dec 2017 20:45
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Bust 2017
Replies: 217
Views: 11679

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: 2115

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: 447
Views: 29790

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: 306
Views: 18660

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: 447
Views: 29790

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: 236

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: 306
Views: 18660

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: 144

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: 712

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: 712

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: 447
Views: 29790

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: 211

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: 43
Views: 2570

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: 6044

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: 470

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: 899
Views: 75190

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: 525
Views: 51568

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: 328

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...