Search found 8581 matches

by adrian2
20 Jul 2017 16:18
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Hydro One IPO (H-TSX)
Replies: 23
Views: 1995

Re: Hydro One IPO (H-TSX)

Day summary:
Open: $21.40
Low: $21.32
High: $22.85
Close: $22.67 up $0.14

Congratulations to those who bought at or near the open!
by adrian2
20 Jul 2017 08:22
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Hydro One IPO (H-TSX)
Replies: 23
Views: 1995

Re: Hydro One IPO (H-TSX)

Why not buy Hydro One? it might go on sale tomorrow. I have had an order to buy TSE:H for $20/share for quite some time now and I might adjust it even lower. Wondering if this acquisition is already baked in H's price or we see a nice drop tomorrow. One can always dream of nice sales ahead! :P Pre-...
by adrian2
16 Jul 2017 22:13
Forum: Under the Mattress: Protecting Your Money
Topic: Full name on TD Credit Card receipts
Replies: 8
Views: 297

Re: Full name on TD Credit Card receipts

melo wrote:
16 Jul 2017 19:59
I just wanted to know if any of you have had your full name appear on your credit card receipts. Any concerns?
Long time ago, they used to take an imprint of the credit card on big piece of paper, which you had to sign.
It had your name, credit card number and expiry date.
by adrian2
16 Jul 2017 08:58
Forum: Retirement, Pensions and Peace of Mind
Topic: Investment changes in retirement
Replies: 132
Views: 3121

Re: Investment changes in retirement

I think there's a lot of underestimating on here about how long equities can show negative real returns. I mean historically in some major countries out there it's been basically an investor's entire lifetime. Canada just happens to be one of the few lucky countries of the world that has done reall...
by adrian2
13 Jul 2017 09:08
Forum: Under the Mattress: Protecting Your Money
Topic: Life Insurance
Replies: 4
Views: 160

Re: Life Insurance

I'm a 34 y.o male and I want my assets to go to my brothers if I were to pass away. Right now they would be taxed significantly upon death so I'm looking to offset that with life insurance. I'm questioning your premise. Let's say that as of today you own a million in assets, and if you die now your...
by adrian2
13 Jul 2017 08:27
Forum: Retirement, Pensions and Peace of Mind
Topic: [finiki] Guaranteed Income Supplement (GIS)
Replies: 27
Views: 4141

Re: [finiki] Guaranteed Income Supplement (GIS)

the difference between someone who never worked a day in their life and someone entitled to a max CPP pension of 13k (but didnt save anything else) is about 4 grand. Doesn't affect me so carry on :beer: How is this different than observing the difference between somebody with the max CPP pension, a...
by adrian2
13 Jul 2017 07:49
Forum: Retirement, Pensions and Peace of Mind
Topic: [finiki] Guaranteed Income Supplement (GIS)
Replies: 27
Views: 4141

Re: [finiki] Guaranteed Income Supplement (GIS)

Surely you mean GIS. Well only if you want to get all technical about it. :) Either way it still ends up netting them about 25cents for every dollar of CPP. A thought experiment for you: Redo your "clawback" / MTR calculations for the same person if he's not residing a Canada. In such a case, there...
by adrian2
12 Jul 2017 06:55
Forum: Taxing Situations
Topic: Effective Marginal Tax Rate
Replies: 39
Views: 4676

Re: Effective Marginal Tax Rate

According to the table; at $28,000 or less a household of one gets $540 for the year. At $28,001 they would get nothing. That's a 54,000% tax on the additional dollar! Only an idiot who doesn't understand taxation would design such a thing. (Sorry for the rant, but this is just too much). A Wynne/w...
by adrian2
11 Jul 2017 19:57
Forum: Taxing Situations
Topic: Effective Marginal Tax Rate
Replies: 39
Views: 4676

Re: Effective Marginal Tax Rate

What exactly is "after tax income"?

[Rhetorical section]
Look at a tax return and describe it to me, line such and such.
Does it take into account the HST credit? The Ontario Trillium benefit? The CCTB? RRSP contributions?
[/Rhetorical section]

The road to hell is paved with good intentions.
by adrian2
11 Jul 2017 07:38
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 328
Views: 18279

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

Pushing money from Tangerine (some day Monday ... Wednesday) results in a one day loss at 3% (money disappears from Tangerine on, say, Monday, and gets credited at the other end on, say, Tuesday. There would be a one week hold at Tangerine for the money pulled on Friday, so the same money cannot be...
by adrian2
10 Jul 2017 22:19
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 328
Views: 18279

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

Wondering... Can't this be taken advantage of every weekend (not just for moving promo-money once), switching money back and forth between accounts (offering decent rates, of course)? For example, going forward, would it not be more profitable to move money between Tangerine account earning 3% and ...
by adrian2
07 Jul 2017 15:12
Forum: Financial Planning and Building Portfolios
Topic: Avoiding fx charges on US income
Replies: 6
Views: 263

Re: Avoiding fx charges on US income

denver wrote:
07 Jul 2017 14:42
adrian2 wrote:
07 Jul 2017 13:59
A dual-listed company is not to be included in T1135, even when held in a USD denominated (sub-)account.
Oh right.... You mean a Canadian dual-listed company.... yes that makes sense.
Aren't (almost) all like that?
by adrian2
07 Jul 2017 13:59
Forum: Financial Planning and Building Portfolios
Topic: Avoiding fx charges on US income
Replies: 6
Views: 263

Re: Avoiding fx charges on US income

denver wrote:
07 Jul 2017 10:42
2. Would holding the US equity - even for a few seconds - trigger the T1135 threshold?
A dual-listed company is not to be included in T1135, even when held in a USD denominated (sub-)account.
by adrian2
07 Jul 2017 09:23
Forum: Retirement, Pensions and Peace of Mind
Topic: Credit Scores for free
Replies: 46
Views: 2298

Re: Credit Scores for free

CIBC now offers a convenient doorway into Borrowell:

Get your credit score instantly on the CIBC Mobile Banking® App.
by adrian2
06 Jul 2017 08:16
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 328
Views: 18279

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

Transfer is initiated from Tangerine, postdated for Friday. Thanks. Do you have to post date it? Does it mater if I initiate on the Friday (choosing the "Now" option)? If you initiate it on Friday, you cannot set it up for Friday, it has to be in the future. For a transfer involving an external acc...
by adrian2
05 Jul 2017 23:11
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 328
Views: 18279

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

Five family members have Tangerine accounts: - three have received a 3.1% rate until September 30 for new deposits up to 500K - two have received nothing. Savings currently sitting at PCF @ 2.5% will flow to Tangerine on Friday . Why not tomorrow? Friday means double dipping for 3 days, money will ...
by adrian2
05 Jul 2017 10:29
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 328
Views: 18279

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

After having removed all cash before July 1st, I received a 3.22% rate until September 30 for new deposits up to 500K. Five family members have Tangerine accounts: - three four have received a 3.1% rate until September 30 for new deposits up to 500K - two have one has received nothing. Savings curr...
by adrian2
30 Jun 2017 13:22
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: US Dividend ETF
Replies: 6
Views: 298

Re: US Dividend ETF

deaddog wrote:
30 Jun 2017 11:55
I like SDOG.
Considering your alias, I would have thought your preference would be DDOG. :P
by adrian2
30 Jun 2017 13:09
Forum: Under the Mattress: Protecting Your Money
Topic: Lithium-Ion settlement
Replies: 3
Views: 253

Re: Lithium-Ion settlement

Who is eligible to participate in the settlement? You were a resident of the United States from January 1, 2000 to May 31, 2011 Will make it not valid for most of us in Canada I think. For me (and you, presumably), yes, but many members could have been a US resident at any time during those 11 years.
by adrian2
29 Jun 2017 14:43
Forum: Financial News, Policy and Economics
Topic: CMHC to Give Otttawa Special 4 Billion Dollar Dividend
Replies: 10
Views: 494

Re: CMHC to Give Otttawa Special 4 Billion Dollar Dividend

kcowan wrote:
29 Jun 2017 14:41
or maybe proof that CMHC is overcharging for its insurance?
Nope, it just proves that so far, the going's been good.
by adrian2
29 Jun 2017 14:05
Forum: Under the Mattress: Protecting Your Money
Topic: Lithium-Ion settlement
Replies: 3
Views: 253

Lithium-Ion settlement

Who is eligible to participate in the settlement? Purchasers of these products (or replacement batteries) may be eligible for compensation in this $44.95 million legal settlement if: You were a resident of the United States from January 1, 2000 to May 31, 2011 AND You purchased for yourself or your...
by adrian2
27 Jun 2017 21:46
Forum: Taxing Situations
Topic: Gain on short eft considered as income?
Replies: 3
Views: 167

Re: Gain on short eft considered as income?

Wing wrote:
27 Jun 2017 20:30
With the stock market at it's record high, if I'll buy a short eft and have some gain on it, will it automatically make it income?
An inverse ETF is just another security. There are no special rules for it to change the capital gains treatment.
by adrian2
27 Jun 2017 21:44
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 1726

Re: The Perfect Dividend ETF

The comparison of div growth etween TD and Ry looks a little off, but only a quibble. TD had a 2 for 1 split in that period. Yes, they split in 1999 and again a couple years ago. The comparison should be split adjusted, no? Yes, it should be. I have no idea if the quoted numbers have been split adj...
by adrian2
27 Jun 2017 15:47
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 1726

Re: The Perfect Dividend ETF

SQRT wrote:
27 Jun 2017 15:20
The comparison of div growth etween TD and Ry looks a little off, but only a quibble.
TD had a 2 for 1 split in that period.