Search found 11170 matches

by Shakespeare
20 Jul 2017 19:38
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: BMO Investorline
Replies: 483
Views: 51168

Re: BMO Investorline

Note that if you just put an RRSP in BMOIL in response to the bribe you do not get an Accountlink. If you are over 65 you can get a free basic chequing for the same purpose. I put $500 in it as 'money in the shoe': if I am on vacation, I switch wallets and leave most of my cards in the room safe; th...
by Shakespeare
16 Jul 2017 09:03
Forum: Retirement, Pensions and Peace of Mind
Topic: Investment changes in retirement
Replies: 132
Views: 3217

Re: Investment changes in retirement

Well, I keep telling everybody that bonds are for safety.... :wink:
by Shakespeare
14 Jul 2017 21:40
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Manulife (Symbol-MFC)
Replies: 608
Views: 89607

Re: Manulife (Symbol-MFC)

The settlement is $69M C$. Manulife Financial Corporation Securities Class Actions Assume the lawyers get 1/3 and have billed enough to eat 1/2, leaving, say $35M. Manulife has 2B shares outstanding Manulife Financial Corporation [MFC] | Manulife Financial Corporation Stock Quotes | TMXmoney . The a...
by Shakespeare
14 Jul 2017 15:03
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Manulife (Symbol-MFC)
Replies: 608
Views: 89607

Re: Manulife (Symbol-MFC)

It's usually champagne for the lawyers and a cup of coffee for the investor. I have my forms too....
by Shakespeare
12 Jul 2017 13:29
Forum: Retirement, Pensions and Peace of Mind
Topic: Investment changes in retirement
Replies: 132
Views: 3217

Re: Investment changes in retirement

I use the median life expectancy for my current age then add the years to get to 80% (since median is 50%). I project CPP for DW and I using 5 years average CPI. I also do this for OAS for DW. I use 4% discount rate. The company pension is non-COLA. I update the calculation every 2 years. I do bond...
by Shakespeare
11 Jul 2017 19:22
Forum: Retirement, Pensions and Peace of Mind
Topic: [finiki] Guaranteed Income Supplement (GIS)
Replies: 27
Views: 4168

Re: [finiki] Guaranteed Income Supplement (GIS)

Pretty sad that if someone only has OAS/GIS/CPP that a good chuck of their CPP will end up being clawed back by three quarters.
Surely you mean GIS.
by Shakespeare
11 Jul 2017 17:24
Forum: Retirement, Pensions and Peace of Mind
Topic: Investment changes in retirement
Replies: 132
Views: 3217

Re: Investment changes in retirement

Larry Swedroe, IIRC, argues that only government bonds should be on the fixed income side. Rick Ferri includes junk bonds; others disagree. Cases can be made for preferreds either as equity or income. The important thing to note is that, IMO, safety, not income, should be looked after first. The ris...
by Shakespeare
11 Jul 2017 15:22
Forum: Retirement, Pensions and Peace of Mind
Topic: Investment changes in retirement
Replies: 132
Views: 3217

Re: Investment changes in retirement

FI is there for safety, not income.
by Shakespeare
06 Jul 2017 06:09
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 149
Views: 8307

Re: Clippings 2017

Covariances are notoriously unstable. The 66% implies a precision unattainable forward.
by Shakespeare
05 Jul 2017 08:54
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 149
Views: 8307

Re: Clippings 2017

Most would agree that for Canadian investors, maximal volatility reduction tends to occur with around 66% foreign stock exposure.
Why?
by Shakespeare
28 Jun 2017 09:59
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 1758

Re: The Perfect Dividend ETF

I show $58 quarterly dividend on 200 shares of RY in 1992. No split adjustments. At least two splits since on that line.

That makes a split-adjusted .0725.

Added: 1200%, 10.4% dividend growth compounded in 25 years.
by Shakespeare
27 Jun 2017 13:50
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 1758

Re: The Perfect Dividend ETF

ETF? meh. Dump all of your cash equally into the 5 big banks. Let bake for 10 years and you will have doubled your income (even while spending the dividends each year!) . Let it bake for 10 more years and you will have quadrupled it. (based on the weighted average of dividend growth over the last 5...
by Shakespeare
24 Jun 2017 18:17
Forum: Retirement, Pensions and Peace of Mind
Topic: Solvency of a DB pension plan
Replies: 31
Views: 1796

Re: Solvency of a DB pension plan

From behind the G&M paywall: PressReader.com - Connecting People Through News: No severance pay for Sears Canada staff The ailing retailer confirmed on Friday it doesn’t intend to pay severance to those laid-off staff as it scrambles to revive its flagging fortunes amid a fast-changing retail landsc...
by Shakespeare
23 Jun 2017 09:17
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Disruption
Replies: 20
Views: 552

Re: Disruption

long wrote:
23 Jun 2017 03:02
i'm wondering what would be the "fittest" ETF to include all those "FAANG" (Facebook, Amazon, Apple, Netflix, Google). QQQ?
Personally I prefer VT.
by Shakespeare
22 Jun 2017 23:16
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4483

Re: CPP Deferral debate - Fred Vettese article discussion

If you've had cancer, that is something that is always in your mind. Or if all your relatives have. Added: before the current rules came into effect, there were no deferral provisions past 65. Pretty well everybody who took early retirement and had reduced earning years due to lengthy education was...
by Shakespeare
22 Jun 2017 11:52
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Sears Canada (Symbol-SCC)
Replies: 31
Views: 1954

Re: Sears Canada (Symbol-SCC)

Sears Canada to close 59 stores, cut 2,900 jobs - The Globe and Mail Stores slated to be closed are: Sears Full-Line: Medicine Hat, AB ; Grande Prairie, AB ; Lloydminster, AB ; Red Deer Relocation, AB ;Kamloops Aberdeen Mall, BC ;Bathurst, NB ;Saint John, NB ;Corner Brook, NL ;Truro Mall, NS ;Dartm...
by Shakespeare
22 Jun 2017 10:44
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4483

Re: CPP Deferral debate - Fred Vettese article discussion

Note that my decision was based on different rules.
by Shakespeare
22 Jun 2017 09:58
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4483

Re: CPP Deferral debate - Fred Vettese article discussion

When I took early retirement, dropout rules made it necessary to take CPP as early as possible, so I took it at 60.
by Shakespeare
22 Jun 2017 01:23
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Home Capital Group (Symbol-HCG)
Replies: 261
Views: 12906

Re: Home Capital Group (Symbol-HCG)

Buffett’s Berkshire Hathaway invests $400-million in bid to solve Home Capital’s woes - The Globe and Mail Once both transactions are completed, Berkshire would own a total stake of almost 39 per cent in Home Capital at an average price of $10 per share. Berkshire is also lending Home Capital $2-bi...
by Shakespeare
21 Jun 2017 23:04
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETFS
Replies: 9
Views: 684

Re: ETFS

A little late showing up on Google News.... :lol:
by Shakespeare
21 Jun 2017 09:44
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETFS
Replies: 9
Views: 684

Re: ETFS

Toronto-Dominion Bank, Mackenzie Investments to start Canadian bond, equity ETFs | Financial Post Toronto-Dominion has filed documents for six new ETFs, including an international Canadian-dollar hedged equity fund and one Canadian bond ETF, according to filings with Canadian regulators.... Mackenz...
by Shakespeare
20 Jun 2017 16:37
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Tim Hortons (THI)
Replies: 284
Views: 43527

Re: Tim Hortons (THI)

Prices up, quality down.

Typical milking from LBO experts.
by Shakespeare
18 Jun 2017 10:11
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How to download data?
Replies: 106
Views: 25667

Re: How to download data?

My SMF version works correctly on LO 5.3 with no mods.
by Shakespeare
17 Jun 2017 17:41
Forum: Under the Mattress: Protecting Your Money
Topic: Good customer service
Replies: 111
Views: 10812

Re: Good customer service

Just got a call from Telus. I have asked to switch from Bell Expressvue - better than Shaw 12 years ago - to Telus Optik - now better than Bell. Works out around $20/mo cheaper with bundles. I have 3 Bell receivers, so I asked for a third Telus box (only two are included). This should have been $150...