Search found 1084 matches

by Descartes
17 Aug 2017 10:27
Forum: Now Hear This!
Topic: We're now running on phpBB 3.2
Replies: 28
Views: 1188

Re: We're now running on phpBB 3.2

The forum is now running on phpBB 3.2.1, which is a maintenance release. There are some minor UI changes/fixes that most users probably won't notice. One change that might get noticed, the forum and topic icons are now hi-resolution (retina capable). If you go to this page for active links then you...
by Descartes
15 Aug 2017 13:25
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Should I sell my house and buy a townhouse??
Replies: 14
Views: 482

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

I can only guess that the OP really means one could easily make 10% a year since one could make 10% in a single day provided you are "watching every day". So.. all you need is to be net one good "watchful" day each year and you can make your 10% per annum. This is a confidence that maybe only gets t...
by Descartes
15 Aug 2017 10:10
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 177
Views: 10254

Re: Clippings 2017

gaspr wrote:
14 Aug 2017 10:01
Mike Piper's latest post on whether dividend stocks belong in your portfolio. I totally agree with his conclusions.

http://www.obliviousinvestor.com/do-div ... portfolio/
finally and most importantly: dividend stocks are not a substitute for bonds
Mind-blowing.
by Descartes
14 Aug 2017 06:47
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Medical Facilities Corporation (symbol DR.TO)
Replies: 39
Views: 4152

Re: Medical Facilities Corporation (symbol DR.TO)

Up 30% in <48 hours. Shorts are funny. Until you get bit on the ass. I'm long, as you would tell if you read this thread, but I don't like the way management kept silent about the reasons the CEO left. The reason could just as easily have been something significant financially. In point of fact, we...
by Descartes
10 Aug 2017 12:07
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Medical Facilities Corporation (symbol DR.TO)
Replies: 39
Views: 4152

Re: Medical Facilities Corporation (symbol DR.TO)

They lost their CEO mid-June in what appears to have been a squabble with the board. No further information on this was forthcoming. That CEO was looked on favourably and he was acquired after a long search to replace the previous CEO who had retired. They've failed to find a replacement so far and ...
by Descartes
09 Aug 2017 16:54
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 177
Views: 10254

Re: Clippings 2017

This is for the average investor, not a stock picker using a Dividend Aristocra approach.... which might be better, or not. I think most of us could do better but it is very difficult to bet against the S&P500. You are completely missing the point that the article is about surviving on dividend inc...
by Descartes
09 Aug 2017 16:01
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Should I sell my house and buy a townhouse??
Replies: 14
Views: 482

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

if you can realize a significant non taxable profit on your current home and then invest it safely you would be further ahead than keeping it. I would suggest that this is no different than any other investment you might own: You need to weigh "should I sell now and realize my capital gain and tran...
by Descartes
09 Aug 2017 13:13
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 177
Views: 10254

Re: Clippings 2017

https://ofdollarsanddata.com/retiring-off-dividends-what-are-the-odds-b2c1f777f276 Retiring Off Dividends: What Are the Odds? A Simulation of Retirement Dividend Income Using Varying Savings Rates and Time Horizons The retiree was unable to cover their retirement expenses using dividend payments in...
by Descartes
09 Aug 2017 12:51
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Should I sell my house and buy a townhouse??
Replies: 14
Views: 482

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

Exhausting your TFSA contribution room is almost always a good move but.. I would suggest going over this more precisely before deciding anything. As an example.. What commission do you expect to pay in selling your home? If it is more than 4.5% then you are not going to net 200K even if you can buy...
by Descartes
04 Aug 2017 12:16
Forum: Retirement, Pensions and Peace of Mind
Topic: Retirement - is it over-rated?
Replies: 263
Views: 13495

Re: Retirement - is it over-rated?

Thanks for the replies. While I think it is a superficial reading of the original question to say it is a worry about the loss of money or power over people, I won't go as far as to say ego doesn't come into play. The advice that one needs to redirect or reinvent oneself and that it can take a few y...
by Descartes
04 Aug 2017 08:49
Forum: Retirement, Pensions and Peace of Mind
Topic: Retirement - is it over-rated?
Replies: 263
Views: 13495

Re: Retirement - is it over-rated?

I seem to recall you both were in executive positions, although I may be mistaken. Is there not a significant difference for you between being an advisor (in retirement) and being an executor (during your career)? Not as visceral, central, necessary, rewarding? To be clear, I'm not picking on the ch...
by Descartes
03 Aug 2017 15:48
Forum: Retirement, Pensions and Peace of Mind
Topic: Retirement - is it over-rated?
Replies: 263
Views: 13495

Re: Retirement - is it over-rated?

To get back on topic: In retirement, how does one adequately provides for purpose, respect, accomplishment, and authority? If you are referring to my original unanswered question then I was referring to the purpose, respect, accomplishment and authority that one may get or is deluded in thinking on...
by Descartes
01 Aug 2017 12:57
Forum: Retirement, Pensions and Peace of Mind
Topic: Retirement - is it over-rated?
Replies: 263
Views: 13495

Re: Retirement - is it over-rated?

Purpose, respect, accomplishment, authority.
If your career provided these (or the illusion of these) then how do you adequately provide them in retirement?
God knows I get no respect and have no authority at home :P.
by Descartes
13 Jul 2017 14:58
Forum: Retirement, Pensions and Peace of Mind
Topic: Investment changes in retirement
Replies: 132
Views: 3533

Re: Investment changes in retirement

I could easily have a 100% (or even 120%) stocks portfolio. I could also go ahead with a 100% real-return bonds portfolio. In all cases, I'm confident I would retire with dignity. I've decided to go half stocks, half bonds. I presume when you say you "could" you mean that you "could handle the pote...
by Descartes
13 Jul 2017 14:47
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: GICs and Bank of Canada Rate Hike
Replies: 7
Views: 632

Re: GICs and Bank of Canada Rate Hike

And when GIC rates do move higher, they’ll still lag well behind the inflation rate in many cases. Let's not exaggerate. Current rate of inflation: 1.3% https://tradingeconomics.com/canada/inflation-cpi GIC rates at Oaken Financial: 2.75% (1 yr) - 3.25% (5 yr) (as an example) https://www.oaken.com/...
by Descartes
11 Jul 2017 16:16
Forum: Retirement, Pensions and Peace of Mind
Topic: Investment changes in retirement
Replies: 132
Views: 3533

Re: Investment changes in retirement

FI is there for safety, not income. Surely not. I believe you are reaching for a definition of FI that both provides an income that is fixed and some assurance of capital preservation. I'm in agreement that a portion of your portfolio should satisfy this definition but maybe we need to call it some...
by Descartes
11 Jul 2017 08:52
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 345
Views: 20192

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

I don't have experience with EQ, but my guess is that if you do a pull, they will put some hold on the money before you can pull it from the other side.
In my experience, the hold is 5 business days at EQ while the pull seems to take 2 before it is accounted for at the source.
by Descartes
10 Jul 2017 08:05
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 345
Views: 20192

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

don't pay out regularly = paid out each month against the Rogers bill (provided it's at least $20) You need to spend around $1150 or more each and every month solely on that card for regular pay out. YMMV but it wouldn't be the most profitable for me to use the card that way hence "[they] don't pay ...
by Descartes
09 Jul 2017 15:59
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 345
Views: 20192

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

So what is recommended instead? Withdraw the money just before the end of the current promo and hope you get offered the higher rates of the new promo? It seems that way based on the majority of the experience posted here: http://forums.redflagdeals.com/tangerine-3-months-2-5-3-expiring-any-new-off...
by Descartes
09 Jul 2017 10:15
Forum: Retirement, Pensions and Peace of Mind
Topic: Investment changes in retirement
Replies: 132
Views: 3533

Re: Investment changes in retirement

I started adjusting things for retirement a couple of years ago. I've got about 7 years to a revised retirement target of 60 when I will stop work completely. I got out of all energy related stocks except for Interpipe, Pembina, and Altagas. I got out of all materials except for Chemtrade. I have na...
by Descartes
07 Jul 2017 13:21
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: NORTHLAND PWR (Symbol-NPI.UN)
Replies: 36
Views: 3670

Re: NORTHLAND PWR (Symbol-NPI.UN)

Hope is a dangerous thing in investing.

Instead of sticking with this "gut feeling" for a year you could have sunk it in Brookfield Renewable and gotten a 5% div increase and a 5% relative capital gain in the meantime (as an example).
by Descartes
07 Jul 2017 13:14
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 345
Views: 20192

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

Was offered 1.6% as retention ( 6 figure account) which I refused. Based purely on experience of others, this was a no-no. Refusing or accepting a retention offer is said to kill your chances of getting one of their capricious bonus offers. Tangerine Mastercard recently dropped their rewards by abo...
by Descartes
06 Jul 2017 12:20
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: NORTHLAND PWR (Symbol-NPI.UN)
Replies: 36
Views: 3670

Re: NORTHLAND PWR (Symbol-NPI.UN)

Northland Power Scraps Sale Without Finding Buyer Northland Power Inc., the C$4 billion ($3.1 billion) Canadian renewable energy producer, failed to find a buyer after running a sale process, according to people with knowledge of the matter. I advised selling a year ago when it hit above $25 somewh...
by Descartes
05 Jul 2017 08:47
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 345
Views: 20192

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

The Tangerine game continues today. It clearly does pay to not be loyal.
After having removed all cash before July 1st, I received a 3.22% rate until September 30 for new deposits up to 500K.
Thanks to those at RFD ..including Bylo who seems to have found a new life there. ciao.
by Descartes
28 Jun 2017 11:16
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 1855

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.