Search found 1102 matches

by Descartes
20 Sep 2017 12:35
Forum: Financial Planning and Building Portfolios
Topic: Self Insurance Successful Experiences / Stories?
Replies: 30
Views: 3089

Re: Increasing the deductibles

1. Home: we switched from comprehensive coverage to a slightly less comprehensive form, where there are stated limits on what value they will pay for your bike, your artwork, etc. What I really want to protect 100% of is the building. I don't own a $2k TV, or a $5k diamond ring, so the new limits o...
by Descartes
20 Sep 2017 10:49
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 365
Views: 35723

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

I sold some of my Morneau-Shepell (MSI) to continue adding to Enbridge (ENB). It hurt. MSI has been great for capital gain (I've held it for about seven years from when I first heard about it right here from Scomac :thumbsup: , I believe) but, despite analysts promising dividend increases are "just...
by Descartes
15 Sep 2017 11:25
Forum: Financial Planning and Building Portfolios
Topic: Maximum single position size
Replies: 52
Views: 2033

Re: Maximum single position size

For the purposes of this calculation, do folks aggregate fixed income and equity exposures to the same entity?? Or aggregate exposures through individual holdings and fund holdings?? That's an interesting question. It might also be extended to include related stocks like the Desmarais (PWF-GWO-POW)...
by Descartes
14 Sep 2017 11:16
Forum: Financial Planning and Building Portfolios
Topic: RESP question
Replies: 18
Views: 651

Re: RESP question

So we could contribute 17500+5000= 22500$ today into a RESP for child number 1. Is likely a better idea than making $2500 contributions for the next 7 years? If we make the contributions all at once, if I read it correctly, I miss out on the CESG money 7*500=$3500. So, it seems from what you've sai...
by Descartes
13 Sep 2017 13:44
Forum: Financial Planning and Building Portfolios
Topic: RESP question
Replies: 18
Views: 651

Re: RESP question

After having completed the funding of undergrad degrees for my eldest kids this month, for the benefit of anyone who has multiple kids (or grandkids) who may proceed into post-secondary education, here are some esoteric observations that may be of use: Recall: PSE = what you contribute. It is not ta...
by Descartes
13 Sep 2017 10:16
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 365
Views: 35723

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

Took the plunge and added a little to BEI.UN @ $39.50. Net asset value is listed around $60. Currently yields 5.73%. I buy with the full realization that it may take a while to come back and that there may be more downside to come but one thing people will always need is a place to live. Ugh. Down ...
by Descartes
06 Sep 2017 12:36
Forum: Financial News, Policy and Economics
Topic: NAFTA renegotiation
Replies: 19
Views: 465

Re: NAFTA renegotiation

redacted
by Descartes
06 Sep 2017 09:13
Forum: Financial News, Policy and Economics
Topic: NAFTA renegotiation
Replies: 19
Views: 465

Re: NAFTA renegotiation

redacted
by Descartes
05 Sep 2017 15:23
Forum: Financial News, Policy and Economics
Topic: NAFTA renegotiation
Replies: 19
Views: 465

Re: NAFTA renegotiation

redacted
by Descartes
31 Aug 2017 13:51
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 623
Views: 42419

Re: Canadian Banks

True if float is actually decreased and not just put back into the Corp as Treasury shares. Cancelling shares is the best for remaining shareholders since each remaining share has a bigger slice of the company. The biggest issue, as you suggest, is whether the buyback price is low enough to warrant...
by Descartes
31 Aug 2017 09:29
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 192
Views: 11550

Re: Clippings 2017

An opportunity to jump on WFC again for another eventual rebound? Wells Fargo uncovers up to 1.4 million more fake accounts Wells Fargo (WFC) now says it has found a total of up to 3.5 million potentially fake bank and credit card accounts, up from its earlier tally of approximately 2.1 million. The...
by Descartes
29 Aug 2017 07:17
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Dividend and distribution hikes (2017)
Replies: 189
Views: 22205

Re: Dividend and distribution hikes (2017)

[Scotiabank (BNS)] Quarterly dividend increase of 3 cents per common share to 79 cents

BMO reports later today but they usually wait till December for any second dividend hike..
by Descartes
28 Aug 2017 16:24
Forum: Taxing Situations
Topic: Dividend Tax Advantages May Be An Illusion
Replies: 25
Views: 924

Re: Dividend Tax Advantages May Be An Illusion

..if you are going to have fixed income as part of your overall asset allocation, and if TFSA's are more tax efficient for FI, does it make sense to fill the TFSA first? I think the answer is not yes in all scenarios if you took the time to do the math. You must also consider the value a higher rat...
by Descartes
28 Aug 2017 09:06
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 366
Views: 22035

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

Oaken also has a good range of products - rsps,rifs,tfsas etc. I was surprised at alterna because i knew them as the cs coop and their rates were never much good. Would anyone recommend oaken as a replacement for Tangerine? Just a place to stuff cash with individual and joint acounts? I would recom...
by Descartes
25 Aug 2017 12:14
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: SNC Lavalin (symbol SNC)
Replies: 75
Views: 7891

Re: SNC Lavalin (symbol SNC)

Former federal bridge president jailed for accepting bribes from SNC-Lavalin Michel Fournier admitted to taking more than $2.3 million from the engineering company, which deposited the funds in a series of Swiss bank accounts .. Court documents stated Fournier lost a significant amount of the money...
by Descartes
24 Aug 2017 14:17
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 365
Views: 35723

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

I sold some of my Morneau-Shepell (MSI) to continue adding to Enbridge (ENB). It hurt. MSI has been great for capital gain (I've held it for about seven years from when I first heard about it right here from Scomac :thumbsup: , I believe) but, despite analysts promising dividend increases are "just ...
by Descartes
24 Aug 2017 08:29
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Dividend and distribution hikes (2017)
Replies: 189
Views: 22205

Re: Dividend and distribution hikes (2017)

Nice to see my confidence in the red-headed stepchild of the Canadian banks rewarded. Oh ye of little faith :)
by Descartes
24 Aug 2017 08:27
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Should I sell my house and buy a townhouse??
Replies: 24
Views: 799

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

..so I meant that you can make 10% in a day on whatever you decided to invest. Look at Tesla was at $313, buy the end of the week it was at $367, STML was at 7.65 then within a month or so was up to 10.40. These are just a couple of the stocks I am involved with and you can easily see the gains. I ...
by Descartes
17 Aug 2017 10:27
Forum: Now Hear This!
Topic: We're now running on phpBB 3.2
Replies: 28
Views: 1301

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: 24
Views: 799

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: 192
Views: 11550

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: 4198

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: 4198

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: 192
Views: 11550

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: 24
Views: 799

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...