Search found 1060 matches

by Descartes
28 Jun 2017 11:16
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 58
Views: 1428

Re: The Perfect Dividend ETF

Lazy Ninja wrote:
28 Jun 2017 11:00
That should be .095 to .60
No. The quoted time period is starting with the September 99 div which was 19 cents. All 99 divs are quoted at that date.
by Descartes
28 Jun 2017 10:15
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 58
Views: 1428

Re: The Perfect Dividend ETF

Those numbers can't be right. The 1999 quarterly dividend data must be already split-adjusted In fact I believe you are correct that they were originally split adjusted. SQRT's confidence that they were not split adjusted threw me. Let's try again: 1. 760% BNS 2. 725% RY 3. 423% CM 4. 375% BMO 5. 3...
by Descartes
28 Jun 2017 09:34
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 58
Views: 1428

Re: The Perfect Dividend ETF

SQRT wrote:
28 Jun 2017 09:22
These figures surprise me. RY has grown their div 4 times faster than TD?
RY split twice while TD only once in the quoted time frame.
Here are the raw numbers:

1999 quarterly dividend:
CM 0.3
BMO 0.24
BNS 0.1
TD 0.19
RY 0.12

Current quarterly dividend:
CM 1.27
BMO 0.9
BNS 0.76
TD 0.6
RY 0.87
by Descartes
28 Jun 2017 08:54
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 58
Views: 1428

Re: The Perfect Dividend ETF

All of the 5 bank stocks have split once since 1999 except for CM which has yet to split and RY which has split twice. Split adjusted dividend increases since 1999: 1. 2900% RY 2. 1520% BNS 3. 750% BMO 4. 632% TD 5. 324% CM To illustrate with an example, presume you bought a modest 100 shares of eac...
by Descartes
27 Jun 2017 14:28
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 58
Views: 1428

Re: The Perfect Dividend ETF

Not sure you are serious. But this strategy has worked for the ladt 50 years. But like they say" past performance........." It is an exaggeration for the purpose of illustration: 1. Reliable dividend growth and a long enough runway can significantly reduce or even eliminate the need for cannibalizi...
by Descartes
27 Jun 2017 09:11
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 58
Views: 1428

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 Descartes
26 Jun 2017 13:27
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 58
Views: 1428

Re: The Perfect Dividend ETF

3.9% is the yield on the 12 stock Heinzl portfolio which is neither the subject of the OP's article which is a portfolio of 20 stocks nor is it the 18 stock portfolio of the OP (which apparently has 17 stocks in common with that article).

Be precise if you must be pedantic.
by Descartes
23 Jun 2017 13:48
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 219
Views: 4370

Re: CPP Deferral debate - Fred Vettese article discussion

The amount you contribute is based on your employment income. If you ain't employed then you ain't got no employment income. For your illumination: http://www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/clcltng/cpp-rpc/cppchng-wh-eng.html Under the new rules, an employee who works and receives a CPP or QPP re...
by Descartes
01 Jun 2017 12:20
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Stingy Investor
Replies: 262
Views: 22248

Re: Stingy Investor

So anyone good in math, can come up with an estimate on what the yearly real tax bill would be on those Canadian dividends? 1%, 2%, 3%? I haven't a clue. Why do you guys fumble around so much for answers after so many years of doing this? Just go to a reliable tax calculator and enter your amount: ...
by Descartes
10 May 2017 15:54
Forum: Retirement, Pensions and Peace of Mind
Topic: Total Return or Distribution Income in Retirement
Replies: 42
Views: 1300

Re: Total Return or Distribution Income in Retirement

Pointless digressions and people desperately seeking to confirm their own bias (including the OP with the misuse of the article) rather than learning anything or espousing anything useful: the hallmark of most discussions here. Out of all of this text, I'm just curious what the hell this means: The ...
by Descartes
14 Feb 2017 09:36
Forum: Under the Mattress: Protecting Your Money
Topic: Quicken 2017 [Caution about upgrading]
Replies: 80
Views: 5194

Re: Quicken 2017 [Caution about upgrading]

Leaving aside the challenge and the time required to create an alternative to Quicken (balanced, maybe, by the satisfaction in getting it working) - let's consider that one day - maybe tomorrow - the writer of the one-off custom nested spreadsheet package may no longer be available. The families wh...
by Descartes
14 Feb 2017 08:55
Forum: Under the Mattress: Protecting Your Money
Topic: Quicken 2017 [Caution about upgrading]
Replies: 80
Views: 5194

Re: Quicken 2017 [Caution about upgrading]

And another thing that comes naturally in Quicken: a dedicated view which shows all your holdings (name / share balance / dollar value / cost base / various metrics), in one / more / all accounts (as per your choice), today or as of a day of your choosing in the past. Easy, peasy in Excel? It's not...
by Descartes
13 Feb 2017 20:59
Forum: Under the Mattress: Protecting Your Money
Topic: Quicken 2017 [Caution about upgrading]
Replies: 80
Views: 5194

Re: Quicken 2017 [Caution about upgrading]

How easy is it ..? Easy is a relative term. What is easy for some may not be easy for others. So I can't answer that. But if you are asking is it possible to implement these things then the answer is a fairly confident yes. Shall I continue? If you were interested then I'd suggest some on-line Exce...
by Descartes
13 Feb 2017 18:06
Forum: Under the Mattress: Protecting Your Money
Topic: Quicken 2017 [Caution about upgrading]
Replies: 80
Views: 5194

Re: Quicken 2017 [Caution about upgrading]

If you enter your data manually then what is the tangible value that Quicken provides you versus a bespoke spreadsheet? Not trolling just a genuine question from someone who has never used Quicken or the like. Tracking cost base, various forms of investment income, tracking various expense categori...
by Descartes
13 Feb 2017 13:20
Forum: Under the Mattress: Protecting Your Money
Topic: Quicken 2017 [Caution about upgrading]
Replies: 80
Views: 5194

Re: Quicken 2017 [Caution about upgrading]

If you enter your data manually then what is the tangible value that Quicken provides you versus a bespoke spreadsheet?
Not trolling just a genuine question from someone who has never used Quicken or the like.
by Descartes
09 Feb 2017 11:23
Forum: Financial News, Policy and Economics
Topic: Financial News and the Impact on the Investor
Replies: 3
Views: 152

Re: Financial News and the Impact on the Investor

There was a response from William Bernstein (author of The Four Pillars of Investing) that I liked in this recent article from the globe's Report on Business magazine called "Invest Like A Legend" : Our ancestors evolved on the savannahs of Africa. What enables survival there is a focus on short-ter...
by Descartes
08 Feb 2017 11:31
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: AltaGas Services Ltd. (ALA-T)
Replies: 62
Views: 5309

Re: AltaGas Services Ltd. (ALA-T)

I bought a bit more at the end of trading today. This reaction by short traders and panicky retail shareholders to a Reuters article that neither side of the negotiation even contributed to is overblown and I suspect it will be temporary. I love that some idiots people didn't want to hold it throug...
by Descartes
25 Jan 2017 11:19
Forum: Financial Planning and Building Portfolios
Topic: Drawdown in 2017
Replies: 13
Views: 958

Re: Drawdown in 2017

Behind the porous paywall of G&M lurks the following "advice".. TSX at record: Why it’s time to adjust your portfolio as optimism reigns The new all-time high on Canada's most-watched stock index is the most promising sign yet that we're finally – finally – starting to emerge from the financial stag...
by Descartes
24 Jan 2017 15:30
Forum: Financial Planning and Building Portfolios
Topic: Reacting to the Trump markets
Replies: 22
Views: 1007

Re: Reacting to the Trump markets

I wonder how many traders now monitor his tweets and short any related stock he bad mouths on a particular day? From my voice to the press *in minutes* ..as it should be: Some big banks and hedge funds are apparently using computer programs to trade instantly on his tweets, but their actions are sh...
by Descartes
24 Jan 2017 13:46
Forum: Financial Planning and Building Portfolios
Topic: Reacting to the Trump markets
Replies: 22
Views: 1007

Re: Reacting to the Trump markets

I'm an opportunist but I'm also buy and hold so I have to wait for my cash to accumulate to respond to the call of the "Trump-ets". I'm curious about the following practical example: We knew from the election that Trump was in favour of Keystone XL. Did any of you make a move regarding TRP in reacti...
by Descartes
24 Jan 2017 10:29
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 283
Views: 15564

Re: A trip down the memory lane

ok but.. CPI went up 2.7% in 2000. Don't know about this year but 2016 was 1.4%. 2015 was 1.1%.
by Descartes
23 Jan 2017 12:39
Forum: Financial Planning and Building Portfolios
Topic: Outstanding Financial Pornography
Replies: 613
Views: 105802

Re: Outstanding Financial Pornography

To be fair, this particular couple is rated a "retirement readiness" of 5 out of 5 stars (scroll down to see the ratings). Other subjects have rated worse. Probably not their worst analysis. What a compliment :rofl: You misunderstand: this particular couple is much better off than most they profile...
by Descartes
23 Jan 2017 10:11
Forum: Financial Planning and Building Portfolios
Topic: Outstanding Financial Pornography
Replies: 613
Views: 105802

Re: Outstanding Financial Pornography

So the monthly expenses are $7500 or 90K a year. She makes 132K in Ontario and so will roughly pay 39K in income tax without any special deductions which gives them 93K a year. 3K annual surplus. Why should he get a job? :P To be fair, this particular couple is rated a "retirement readiness" of 5 ou...
by Descartes
18 Jan 2017 09:05
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 74
Views: 7239

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

1. Nisser is talking about buying now not 12 months ago. Prices of the CDN banks have changed somewhat since then. 2. Lemmings don't jump off cliffs to commit suicide - see what that evil Disney corporation did here . 3. While I don't know if there will be a "big" disappointment, I can't dispute tha...