Search found 8806 matches

by adrian2
16 Feb 2018 18:45
Forum: Retirement, Pensions and Peace of Mind
Topic: Annuities
Replies: 32
Views: 646

Re: Annuities

cnicole wrote:
16 Feb 2018 18:35
Another option would be to take the commuted value and annuitize part of it.
Those would be options if you leave your job, and you're younger than 55.
by adrian2
16 Feb 2018 15:01
Forum: Retirement, Pensions and Peace of Mind
Topic: Annuities
Replies: 32
Views: 646

Re: Annuities

I've done as much reading as I can on this and it sounds like it does affect current retirees. The bill actually amends the pension act. Still I'll be watching this bill closely. There isn't currently a lot of information. While difficult and slow, laws can be changed. Please quote from the actual ...
by adrian2
14 Feb 2018 18:58
Forum: Financial Planning and Building Portfolios
Topic: Portfolio Advice for Elderly Relative (Early 90s)
Replies: 26
Views: 924

Re: Portfolio Advice for Elderly Relative (Early 90s)

AltaRed wrote:
14 Feb 2018 17:21
Over the longer term though, VSB will recover faster once current short duration bonds are shuffled out of the deck.
VSB will recover faster because it has a shorter duration.
by adrian2
13 Feb 2018 10:09
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2018)
Replies: 151
Views: 9467

Re: What did you Buy? What might you buy? (2018)

what would be the reasoning behind that? I remember when utilities traded a single digit PEs. They were considered as defensive stocks. Today major utility stocks are trading in excess of 20 times earnings . It seems that in search of yield valuations have been driven into tech territory values. I ...
by adrian2
12 Feb 2018 10:33
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Ditching XIU and replacing with...
Replies: 12
Views: 826

Re: Ditching XIU and replacing with...

I think we can all agree on two things 1)TSX and XIU, XIC, etc are poor financial products with their over exposure to energy and financials. Sadly that is much of Canada's economy. I have seen many comments here and elsewhere that it is "very easy" to beat the index over time. One more to disagree...
by adrian2
09 Feb 2018 17:55
Forum: Taxing Situations
Topic: Attribution rules on money given to spouse for RRSP
Replies: 11
Views: 321

Re: Attribution rules on money given to spouse for RRSP

Mouly wrote:
09 Feb 2018 16:38
I guess banks would like that interpretation so that they could get double the fees from all couples.
Zero doubled is still zero.
All my life I've never paid bank fees.
by adrian2
09 Feb 2018 10:03
Forum: Financial Planning and Building Portfolios
Topic: Three Investing Mistakes to Avoid
Replies: 28
Views: 957

Re: Three Investing Mistakes to Avoid

scomac wrote:
09 Feb 2018 09:23
Actually, measuring the losses in something as pedestrian as a family car downplays the significance to me.
Cars are usually contrasted to pedestrians! :P
by adrian2
08 Feb 2018 12:47
Forum: Taxing Situations
Topic: Withdrew fund (principle) from non-RSP -question on T5008
Replies: 7
Views: 255

Re: Withdrew fund (principle) from non-RSP -question on T5008

If you find yourself having trouble choosing between principal and principle , think about the context. Use principal in reference to a person who is in leadership or to describe the importance of something; use principle to refer to a standard, rule, or guiding belief. One popular mnemonic device ...
by adrian2
07 Feb 2018 21:16
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Market 2018
Replies: 80
Views: 3302

Re: Housing Market 2018

nisser wrote:
07 Feb 2018 20:25
We need a national strategy that prevents shelter from being traded like a commodity.
No, we do not!
by adrian2
06 Feb 2018 12:04
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2018)
Replies: 151
Views: 9467

Re: What did you Buy? What might you buy? (2018)

Banks will have their day so I will be buying RY March OTM puts (likely the 76$ strike) just in case. Pretty good bet I think. Everything I’ve seen points to a good first quarter. I think the banks are way oversold. But I always say that. You do realize his bet is that RY may go down (a handful of ...
by adrian2
05 Feb 2018 19:26
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 76
Views: 2507

Re: Important change to the Amazon.ca Rewards Visa Card program

Koogie wrote:
05 Feb 2018 17:24
Received my Home Trust Visa pin code in the mail today.
They indicated the card will be right behind.

So, they are working through the backlog of applications.
DW received her Home Trust Visa PIN today as well.
by adrian2
05 Feb 2018 16:51
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 76
Views: 2507

Re: Important change to the Amazon.ca Rewards Visa Card program

Credit card item #2 re auto rental insurance cover. A friend of mine recently informed me that she discovered that using her card for insurance coverage only covers collision damage but not third party liability. As this is potentially the biggie, is this how it is with all credit card coverage? Wh...
by adrian2
05 Feb 2018 16:46
Forum: Retirement, Pensions and Peace of Mind
Topic: Variable Percentage Withdrawal (VPW) for Canadians
Replies: 179
Views: 13374

Re: Variable Percentage Withdrawal (VPW) for Canadians

Thanks for explanation . Personally, I would delay OAS and CPP to age 70. I would, but nor sure if I will be alive then, and if by miracle, yes, not sure if I need too much money then :D So, for now I'm planning to start all benefits as soon as I'm eligible Delaying CPP and OAS to age 70 allows for...
by adrian2
05 Feb 2018 11:46
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Any suggestions for ETFs or Mutual Funds
Replies: 4
Views: 225

Re: Any suggestions for ETFs or Mutual Funds

Kevinbaker wrote:
05 Feb 2018 10:09
I just cashed my money from the stock market, and wanna put money in ETFs or Mutual Funds.
Rephrased:
I'm a farmer, raising chickens, quails, turkeys and ducks. I want to stop doing that and raise poultry. :P
by adrian2
03 Feb 2018 15:50
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Norbert, your wish has been granted [Vanguard launching cheap balanced index ETFs]
Replies: 107
Views: 3461

Re: Norbert, your wish has been granted [Vanguard launching cheap balanced index ETFs]

Tegarding the inches versus centimeters point. I am aware that the underlying stocks would be the same, whether US or Canada. what i was referring to was more a question of currencies. My understanding at least, is that if you buy the fund in cdn dollars and it goes up you will profit from the unde...
by adrian2
03 Feb 2018 15:44
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Dividend stocks in a rising interest rate scenario
Replies: 24
Views: 1217

Re: Dividend stocks in a rising interest rate scenario

thedude99 wrote:
03 Feb 2018 14:42
-Bonds are guaranteed to lose $ as yields soar
Hyperbole, dude is your name! :P
by adrian2
03 Feb 2018 14:04
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Norbert, your wish has been granted [Vanguard launching cheap balanced index ETFs]
Replies: 107
Views: 3461

Re: Norbert, your wish has been granted [Vanguard launching cheap balanced index ETFs]

Two questions not answered here arose. One is whether it would be possible to buy the US version in an rrsp. I would like to havea certain amount of my portfolio unhedged and in US dollars. The second question is whether it might be better to transfer some assets to Questrade, as they do not charge...
by adrian2
02 Feb 2018 13:26
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Market 2018
Replies: 80
Views: 3302

Re: Housing Market 2018

IMHO, yearly declaration of PR and other real estate values would be the first step on the slippery slope to having to declare yearly all your assets to CRA. They already know about our assets in banks and brokerages. Do they? I've thought only the income from those assets is reported to the CRA.
by adrian2
01 Feb 2018 22:28
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Stella Jones (Symbol-SJ)
Replies: 21
Views: 2344

Re: Stella Jones (Symbol-SJ)

Dudsy wrote:
01 Feb 2018 20:13
Arby wrote:
01 Feb 2018 13:03
It turns out it would have been an even better deal to wait another day. Stella is trading today at about $1 below the secondary offer price.
Is the offering at TDDI showing still as 'open'? At RBC it is, which might explain the additional discount.
It's closed as of now.
by adrian2
01 Feb 2018 17:49
Forum: Taxing Situations
Topic: My Ex-Employer issued a T5 and dividends I never got
Replies: 19
Views: 403

Re: My Ex-Employer issued a T5 and dividends I never got

I may be a little confused but it sounds like you bought the company shares for $25,000 and later sold them back to the company for $25,000. Then got a T5 for $195,000. Even if DavidR is right, and so far it is the best theory, I can't see anyone getting a T5 for $195,000 when they only received $2...
by adrian2
01 Feb 2018 10:45
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: General Electric (Symbol-GE)
Replies: 203
Views: 30682

Re: General Electric (Symbol-GE)

Peculiar_Investor wrote:
01 Feb 2018 09:39
An interesting read for those following or holding GE, or perhaps anyone else with holdings in large conglomerates.How GE Went From American Icon to Astonishing Mess - Bloomberg
The above smells of blood on the streets, so the contrarian in me wants to buy it, Rip van Winkle it for a few years.
by adrian2
01 Feb 2018 09:49
Forum: Financial Planning and Building Portfolios
Topic: non registered joint trading accounts have to be linked to joint bank account?
Replies: 10
Views: 265

Re: non registered joint trading accounts have to be linked to joint bank account?

I think the OP is actually asking that IF you want to transfer funds electronically from a joint account of some sort, such as a brokerage account to a bank account, does the bank account have to also be a joint account? I believe the answer is yes (or should be), simply because it could be fraud m...
by adrian2
31 Jan 2018 20:29
Forum: Taxing Situations
Topic: My Ex-Employer issued a T5 and dividends I never got
Replies: 19
Views: 403

Re: My Ex-Employer issued a T5 and dividends I never got

I did get a T4, but a T5 as well. I was a share holder for a brief time, and when I quit, sold the shares back at the same price I bought them for. (no profit). The T5, declares dividends paid to me. The amount is more than 3 times my yearly salary there. So now I have taxes to pay on that.. which ...
by adrian2
31 Jan 2018 10:13
Forum: Under the Mattress: Protecting Your Money
Topic: High Interest Savings Accounts for Corporation
Replies: 19
Views: 600

Re: High Interest Savings Accounts for Corporation

About HISAs and GICs for corporations, if your corporation has a HISA with a bank or CU, will you get CDIC coverage for a personal account with the same bank or CU? Yes. To elaborate a bit, I don't really understand the premise of the question: why would your (personal) CDIC coverage be influenced ...
by adrian2
30 Jan 2018 18:42
Forum: Taxing Situations
Topic: Retroactive OAS and CPP - tax reporting
Replies: 3
Views: 198

Re: Retroactive OAS and CPP - tax reporting

My layman answer is that benefits are taxable in the year they were received; otherwise a retroactive payment may result in penalties and interest owed, which makes little sense.