Search found 1143 matches

by Descartes
21 Dec 2017 14:07
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA Contribution 2018
Replies: 72
Views: 3199

Re: TFSA Contribution 2018

adrian2 wrote:
21 Dec 2017 13:54
The growth rate does not matter in a proper calculation.

In your example, you should compare $100k in an RRSP with $60k in a TFSA (after tax amount).
Ok.. not sure why. But your certainty tires me ..and reminds me why I tend to stay away from this place now.
Or as you will read it: You win :).
by Descartes
21 Dec 2017 13:28
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA Contribution 2018
Replies: 72
Views: 3199

Re: TFSA Contribution 2018

Basically, most people are too daft to figure out that it doesn't matter if it's before-tax income that gets taxed on the way out or after-tax income that's been taxed on the way in - the government has gotten its pound of flesh either way. Probably not the same amount of flesh though: depends on y...
by Descartes
15 Dec 2017 17:37
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Power of Dividend Growth 2011 (and beyond)
Replies: 787
Views: 56269

Re: Power of Dividend Growth 2011 (and beyond)

I tip my hat off to you. 6 figures is still not chump change to me and Tiffany's and Louis Vuitton take a big bite.
by Descartes
15 Dec 2017 17:24
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Power of Dividend Growth 2011 (and beyond)
Replies: 787
Views: 56269

Re: Power of Dividend Growth 2011 (and beyond)

SQRT wrote:
15 Dec 2017 15:36
Just got back from Christmas shopping up on Bloor Street. Compared to my gains this year the amount I spent is
“ chump change”. Merry Christmas.
You didn't shop at the right places on Bloor street, let me tell ya ;)
by Descartes
26 Nov 2017 12:33
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Prepayment questions
Replies: 16
Views: 644

Re: Prepayment questions

It has been a long time since I've had a mortgage but the way it was in the past: 1. a payment is composed of interest and principal and early in your amortization period you are paying mostly interest in your payments 2. Increasing your monthly/biweekly payment amount or frequency means still payin...
by Descartes
15 Oct 2017 12:52
Forum: Taxing Situations
Topic: Foreign Tax Credit
Replies: 2
Views: 199

Re: Foreign Tax Credit

It is dependent on the calculation in your T2209 for federal tax which is specific to your particular situation. See: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-405-federal-foreign-...
by Descartes
15 Oct 2017 10:33
Forum: Financial Planning and Building Portfolios
Topic: Future value calculator for ETF.
Replies: 4
Views: 296

Re: Future value calculator for ETF.

Try this one: http://www.thecalculatorsite.com/financ ... ulator.php
It has a variety of compounding options and provides data sets and charting.
by Descartes
13 Oct 2017 18:00
Forum: Under the Mattress: Protecting Your Money
Topic: Tangerine
Replies: 38
Views: 3627

Re: Tangerine

Anybody know how to download transaction data to a spreadsheet? I've got a Tangerine CC - surely the new website would allow one to download to a csv file, but it appears not. Yes. 1. login 2. click on Transactions on the white bar that appears near the top of the screen 3. click on "Download Trans...
by Descartes
13 Oct 2017 15:51
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 182
Views: 19444

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

I don't really see why you guys are bailing from ALA now as opposed to when the WGL acquisition was announced. Perhaps I'm not looking closely enough but I don't see any management move since then that is inconsistent with what they intended to do when they made that announcement. Are you just react...
by Descartes
12 Oct 2017 15:58
Forum: Under the Mattress: Protecting Your Money
Topic: Equifax security breach
Replies: 19
Views: 1214

Re: Equifax security breach

And the hits just keep on coming.. :lol: Hackers reportedly altered Equifax's credit report assistance page so that it would send users malicious software disguised as Adobe Flash. http://www.ctvnews.ca/business/equifax-takes-down-customer-service-page-after-reports-of-new-hack-1.3629779 Bunch of mo...
by Descartes
12 Oct 2017 13:49
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53754

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

My understanding is that a quarter position equals 25% of your portfolio. Not certain whether it relates only to one's stock/etf holdings - or your entire investment portfolio. Cheers. Yikes. Not my understanding. This has come up before and the conclusion was that it is somewhat subjective: http:/...
by Descartes
11 Oct 2017 08:52
Forum: Financial Planning and Building Portfolios
Topic: How far are you from retirement?
Replies: 28
Views: 1484

Re: How far are you from retirement?

optionable68 wrote:
10 Oct 2017 21:30
My target date is in the calendar but there is no option for 5.5 years
That would still be within the 5th year; i.e. 0-5.
by Descartes
10 Oct 2017 13:04
Forum: Retirement, Pensions and Peace of Mind
Topic: Solvency of a DB pension plan
Replies: 36
Views: 2677

Re: Solvency of a DB pension plan

To be fair to the former Sears worker, she is NOT employed and thus she IS eligible for EI. The hardship fund is not employment income (it may be classified as a form of severance, perhaps). However, it is STILL income that will reduce her EI benefits as per the rules. For reference, see: https://ww...
by Descartes
08 Oct 2017 11:59
Forum: Financial Planning and Building Portfolios
Topic: What do you do with that Canadian equity allocation?
Replies: 10
Views: 789

Re: What do you do with that Canadian equity allocation?

Surprising to me so far is the strength of indexing and the barest sliver of majority for dividend stock picking. I guess the former just don't speak up too much: a passive approach to discussion as well as investing. The retirement poll confirms expectations, however: 7 out of every 10 who voted ar...
by Descartes
07 Oct 2017 08:05
Forum: Financial Planning and Building Portfolios
Topic: What do you do with that Canadian equity allocation?
Replies: 10
Views: 789

Re: What do you do with that Canadian equity allocation?

If you are several then please select the one that primarily represents what you do. Thanks.
by Descartes
07 Oct 2017 08:03
Forum: Financial Planning and Building Portfolios
Topic: How far are you from retirement?
Replies: 28
Views: 1484

Re: How far are you from retirement?

gsp_ wrote:
07 Oct 2017 01:31
Shouldn't there be a 26+ option? Assuming retirement at 65, seems weird to assume no one here could be under 40.
Not weird, just myopic.
Sorry about that - just use the last option if you are under 40.

..that generation is never going to be able to afford to retire anyway. :P
by Descartes
06 Oct 2017 16:42
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53754

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

Dudsy wrote:
06 Oct 2017 13:40
Don't get me wrong, I wasn't attributing skill to luck.

"Your never as smart as people think you are when you succeed... and never as dumb when you fail"
Mea culpa ;)
by Descartes
06 Oct 2017 16:41
Forum: Financial Planning and Building Portfolios
Topic: How far are you from retirement?
Replies: 28
Views: 1484

How far are you from retirement?

Sorry to inflict yet another poll on you so quickly but I think the correlation with viewtopic.php?f=29&t=120515 might be interesting.
by Descartes
06 Oct 2017 10:22
Forum: Financial Planning and Building Portfolios
Topic: What do you do with that Canadian equity allocation?
Replies: 10
Views: 789

What do you do with that Canadian equity allocation?

Mentioned in the investing styles topic. Curious what the current profile is here.
by Descartes
05 Oct 2017 17:13
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53754

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

I now have a quarter position in BPY.UN which is Brookfield's real estate arm. Good timing! If I took credit for good timing then I'd have to take the blame for bad timing. To be honest, I haven't a clue what is going to happen from one day to the next. I try to focus on the long-run. In the long-r...
by Descartes
05 Oct 2017 17:08
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TransCanada (Symbol-TRP)
Replies: 354
Views: 54498

Re: TransCanada (Symbol-TRP)

As a patriotic Canadian (and I say this without a hint of irony), I'm disappointed. For the good of our economy, we need ways of getting what we have to the rest of the world without having to go through the USA. As an ex-TRP stockholder (and I say this without a hint of shorty-ness), how can you re...
by Descartes
04 Oct 2017 17:26
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Power of Dividend Growth 2011 (and beyond)
Replies: 787
Views: 56269

Re: Power of Dividend Growth 2011 (and beyond)

Say hello to John Heinzl’s new Yield Hog dividend portfolio - The Globe and Mail From the text, included are 22 securities $100K FTS, AQN, TRP, PZA, AW.UN, CRT.UN, DGRO-N, XIU, EMA plus others not identified (banks, telecoms, etc.) The full list: COMPANY TICKER BOOK VALUE $*** GAIN/LOSS % YIELD % A...
by Descartes
04 Oct 2017 13:43
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 463
Views: 33619

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

What is the best high interest savings account for someone who did not get any lottery rate from Tangerine? Would it be EQ at 2.3%? 1. Consider calling in for a retention rate at Tangerine first. You might get up to 2.5%. 2. Simplii (CIBC) starts in November. Look for a promo rate there next month....
by Descartes
04 Oct 2017 12:35
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 463
Views: 33619

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

Tangerine rates received in this iteration of the lottery appear to be 2%, 2.12%, 2.2%, 2.4%, and 2.75%. http://forums.redflagdeals.com/3-month-tangerine-lottery-thread-2061002/ If you got 0 then you might want to try calling a CSR for a retention rate. Some people have reported success with that in...
by Descartes
04 Oct 2017 09:58
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 463
Views: 33619

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

6. Pray to the Tangerine gods for something good to appear. Thanks Descartes. The offer terms are not yet activated so I will begin praying now ;) The gods have spoken, at least for me, and they are rather miserly: 2.75%. Side note: boy, is this new web site a buggy piece of poorly designed crap.