Search found 8502 matches

by adrian2
22 May 2017 17:35
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What constitutes a suitable Moat?
Replies: 3
Views: 90

Re: What constitutes a suitable Moat?

Let me talk about some specific stocks that don't fit into any of these categories: Oracle - a database company using IBM patented technology I've been more than familiar with Oracle for over two decades and it's the first time hearing such a thing. IBM makes the DB2 database software, competing wi...
by adrian2
22 May 2017 11:11
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 184
Views: 3107

Re: CPP Deferral debate - Fred Vettese article discussion

"...consider that at only 3 percent inflation (which our government considers “normal”) the purchasing power of your money will be cut in half in 24 years" From the horse's mouth : The Bank of Canada aims to keep inflation at the 2 per cent midpoint of an inflation-control target range of 1 to 3 pe...
by adrian2
21 May 2017 13:55
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Preferreds
Replies: 1083
Views: 75100

Re: Preferreds

New preferred issue by Power Financial 5.15% perpetual, Series V,just got an alert fro m TD. Placed an expression of interest for 800 shares,was allocated 300. I will be watching to see how this trades on the secondary market when it comes out on or after May 26th. Are they resets? if so what is th...
by adrian2
21 May 2017 09:40
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 555
Views: 37476

Re: Canadian Banks

From a current commercial: CIBC was the first to introduce an ATM in Canada. According to this link the commercial is stating a mistruth. http://esask.uregina.ca/entry/automated_teller_machines.html Maybe it's my recollection of the commercial, it could have been stating that "CIBC was the first ba...
by adrian2
20 May 2017 17:32
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 184
Views: 3107

Re: CPP Deferral debate - Fred Vettese article discussion

When does CPP become so small that it is no longer relevant? 10% of one's income? Max CPP at age 60 is $8179 per year in 2016. If you have an income of greater than $73,611 (excluding CPP), then CPP isn't relevant. Max CPP at age 70 is $18147. If you have an income greater than $163,323 (excluding ...
by adrian2
19 May 2017 09:58
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Dividend and distribution hikes (2017)
Replies: 134
Views: 14325

Re: Dividend and distribution hikes (2017)

Marsh & McLennan increases dividend from 34 cents per quarter to 37.5 Since going public in the early 60's, MMC has increased its dividend every year for 41 consecutive years, a record matched by only 12 other companies traded publicly in the United States. It was only by a technicality that they w...
by adrian2
18 May 2017 20:06
Forum: Retirement, Pensions and Peace of Mind
Topic: DB to DB Transfer (HOOPP/OMERS)
Replies: 34
Views: 583

Re: DB to DB Transfer (HOOPP/OMERS)

The estimated CV is >2 times total RRSP room for those years assuming all projected installments will be paid. So far they paid the "funded" portion, which is 57% of CV. If the part already paid exceeds the total for PA's over the years, there will be no PAR, no matter whether or not they pay the 4...
by adrian2
18 May 2017 16:36
Forum: Retirement, Pensions and Peace of Mind
Topic: DB to DB Transfer (HOOPP/OMERS)
Replies: 34
Views: 583

Re: DB to DB Transfer (HOOPP/OMERS)

By my estimates, I won't get any PAR - assuming I understand the logic of PA/CV correctly. I have been with the company since 2004; the combined maximum RRSP room for 2004-2016 comes to about $270K. You seem to be comparing the wrong values. Here is how it works: 1. You earn an "earned income" 2. R...
by adrian2
18 May 2017 15:02
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: BMOIL Problems
Replies: 46
Views: 1803

Re: BMOIL Problems

Shakespeare wrote:
18 May 2017 12:59
This came up a lot of years ago, maybe with RBCDI, maybe with someone else. Changing a limit to a market was two orders for whichever brokerage it was.
At TD Waterhouse, there is no such rule.
by adrian2
16 May 2017 21:11
Forum: Financial Planning and Building Portfolios
Topic: ETF Portfolio
Replies: 5
Views: 438

Re: ETF Portfolio

optionable68 wrote:
16 May 2017 20:01
Considering you only have $5k, you may want to consider TD e-series index funds over ETFs until you accumulate enough money to negate the trading commissions
He's located in Europe...
by adrian2
16 May 2017 10:19
Forum: Retirement, Pensions and Peace of Mind
Topic: Pension reporting requirements
Replies: 3
Views: 134

Re: Pension reporting requirements

My wife is in a pension with a last statement date of 2015.12.31. We are told the 2016.12.31 statement will be out at the end of June, 2017. That will be almost 18 months between statements. Is there a legal requirement for statement frequency? Most likely the statement dated 2015.12.31 was issued ...
by adrian2
15 May 2017 23:04
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 555
Views: 37476

Re: Canadian Banks

8 years ago or so, BMO was yielding over 10%, not CM.
There was serious talk that BMO would cut its dividend.
To each their own, that's what makes it a market.

From a current commercial: CIBC was the first to introduce an ATM in Canada.
What goes up, must come down... (and sometimes viceversa)
by adrian2
14 May 2017 20:51
Forum: Financial Planning and Building Portfolios
Topic: Impacts of currency fluctuations and currency hedging on returns
Replies: 43
Views: 783

Re: Impacts of currency fluctuations and currency hedging on returns

longinvest wrote:
14 May 2017 20:45
adrian2 wrote:
14 May 2017 20:43
Costs are significantly higher for international bonds.
How so?
Over the counter trading, plus (AFAIK) there are more bonds than stocks (harder to replicate the index).
by adrian2
14 May 2017 20:46
Forum: Under the Mattress: Protecting Your Money
Topic: Aeroplan
Replies: 406
Views: 25703

Re: Aeroplan

To my surprise, I just found a cost-effective opportunity to use Aeroplan miles. Long story, but I needed to book a last-minute one-way flight. Aeroplan charged half the miles for the same-zone return flight, plus just a bit more than half the taxes. Not cheap, but way less than the cash equivalent...
by adrian2
14 May 2017 20:43
Forum: Financial Planning and Building Portfolios
Topic: Impacts of currency fluctuations and currency hedging on returns
Replies: 43
Views: 783

Re: Impacts of currency fluctuations and currency hedging on returns

Just think about it; why don't we include a world market weighting of unhedged international bonds in our portfolios? If the risks were no bigger than domestic bonds, and we were experiencing the same (low) risks and (low) returns as foreign investors in those bonds, there would be no reason to avo...
by adrian2
12 May 2017 19:42
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 248
Views: 13211

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

As part of our commitment to making customers the first to know about our rate changes, please note that effective Monday, May 15, 2017, we'll be increasing our interest rates for the following terms: In the future, please include the name of the institution from which you're quoting rates. In this...
by adrian2
12 May 2017 15:26
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Canadian Banks
Replies: 555
Views: 37476

Re: Canadian Banks

Very conscious effort to exclude CIBC. Very conscious effort to include CIBC. For personal banking, in my two decades+ of being in Canada, I've only had an account with them, before eventually transitioning to PCF (indirectly owned by CIBC). My first stock purchase two decades ago was CM, followed ...
by adrian2
12 May 2017 15:14
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 174
Views: 18649

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

JaydoubleU wrote:
12 May 2017 12:18
Bought shares of Corby. Went for the non-voting: CSW.B Higher divvie, same company. Fairly boring, moderate dividend growth + occasional attractive special dividends.

May become a regular user of their products :wink:
You mean you'll be putting your mouth where your money is? :D
by adrian2
11 May 2017 21:01
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Mortgage renew coming up - whats your approach
Replies: 8
Views: 767

Re: Mortgage renew coming up - whats your approach

nisser wrote:
11 May 2017 20:01
That's a 15 basis point difference; your mortgage must be peanuts :)
Back of the envelope:
Two bucks a week = $100 per year.
Ignoring amortization: $100 / 0.0015 = $67k
(good enough for government work, given the $2 which could really be an approximation)
by adrian2
10 May 2017 21:10
Forum: Taxing Situations
Topic: Guidance on selling home from overseas
Replies: 3
Views: 144

Re: Guidance on selling home from overseas

TimeToExplore wrote:
10 May 2017 17:56
I can't tell what kind of resident I am. I haven't made any employment income, either in Canada or elsewhere. Am I still a factual resident for tax purposes?
Have you been filing Canadian tax returns in recent past?
by adrian2
10 May 2017 13:49
Forum: Retirement, Pensions and Peace of Mind
Topic: Total Return or Distribution Income in Retirement
Replies: 42
Views: 1256

Re: Total Return or Distribution Income in Retirement

Being able to live off income now enables us to cover those cost should they be needed later. If we then need to sell capital we won't be seriously affected even if the market has crashed. :roll: It doesn't matter how one's retirement income comes in, or how it is accessed. The key is to have a pla...
by adrian2
08 May 2017 10:42
Forum: Financial Planning and Building Portfolios
Topic: Ten commandments from Jonathan Clements
Replies: 12
Views: 560

Re: Ten commandments from Jonathan Clements

Anyway to answer the question: #1 Keep out of Debt #2 Save some of your earnings every month and increase the amount as you earn more #3 Stick with DG stocks, not etf's #4 Once earnings exceed $40k per year and you begin to be taxed, open TFSA #5 Max out TFSA before adding funds to RRSP Disagree wi...
by adrian2
08 May 2017 10:30
Forum: Financial Planning and Building Portfolios
Topic: Norbert's gambit - Can$ to US$ or vice versa
Replies: 1201
Views: 163120

Re: Norbert's gambit - Can$ to US$ or vice versa

I don't think that's correct. I'm no expert in tax law but I believe that by "foreign", it means the company is formed under the laws of a different country. I can't see how simply having their stock traded on a US stock exchange the company is then not considered foreign. Do you have a reference w...
by adrian2
07 May 2017 12:34
Forum: Taxing Situations
Topic: Capital loss carry forward
Replies: 35
Views: 561

Re: Capital loss carry forward

queerasmoi wrote:
07 May 2017 11:23
Sure you could argue the property is eroding, but... is there any rational reason to leave assets out of tax shelters just to eat up past capital losses? I don't see a reason to.
:thumbsup:
by adrian2
07 May 2017 10:47
Forum: Taxing Situations
Topic: Capital loss carry forward
Replies: 35
Views: 561

Re: Capital loss carry forward

If I can zero out the loss by simply selling and then immediately re buying the exact amount needed of the same ETF, my only downside is the two commisions. Other than that, where is the harm? The harm is "burning" the loss on something you do not immediately need, vs. carrying it forward to be use...