Search found 8817 matches

by adrian2
22 Feb 2018 14:08
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2018)
Replies: 155
Views: 9935

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

Recently took a small position in Emera Inc (TSE:EMA), just under $40. Re: Increasing weight in utilities, copy catting some posters recent purchase, no other analysis. Inflation is a concern and so added small position. me too :thumbsup: I believe it's on sale. Why on earth would anyone add to uti...
by adrian2
21 Feb 2018 19:59
Forum: Financial News, Policy and Economics
Topic: Inflation
Replies: 52
Views: 3004

Re: Inflation

Chuck wrote:
21 Feb 2018 15:26
I don't think you can use the sale price as a true indicator. Walmart Canada's website lists KD at $1.47 and Walmart rarely deviates from their everyday price. So I'd go with the originally stated 5.5%.
Photo taken a few minutes ago at Loblaws:
IMG_1224.png
by adrian2
21 Feb 2018 10:28
Forum: Financial News, Policy and Economics
Topic: Inflation
Replies: 52
Views: 3004

Re: Inflation

Randomwalker, For years I've used what I call "The Kraft Dinner Index." The writer of the following article uses what he calls "The Burrito Index" the idea is the same. Oh and by the way I hear the Ministry of Plenty says the chocolate ration is to be increased, double plus good. :wink: http://www....
by adrian2
20 Feb 2018 22:36
Forum: Under the Mattress: Protecting Your Money
Topic: Where to park USD cash?
Replies: 73
Views: 1971

Re: Where to park USD cash?

Just to set the record straight: CIB 5 83, the premium version of the US MMF, currently yields 1.67% (MER is 0.14% vs. 0.20% for CIB483) and while some holdings I don't recognize, the first two are household issuers: National Bank (5.5% of holdings) and RBC (4.57%). The CIB583 webpage managed by CI...
by adrian2
20 Feb 2018 20:11
Forum: Under the Mattress: Protecting Your Money
Topic: Where to park USD cash?
Replies: 73
Views: 1971

Re: Where to park USD cash?

CIBC US MMF CIB483 currently yields 1.62% Understood :wink:, we’ve had this conversation before. Not interested in owning commercial paper on trusts no one has ever heard of, particularly because of the amount involved which is well above the CIB 5 83 threshold. More risk and less return than US tr...
by adrian2
20 Feb 2018 15:12
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Apple Corp (Symbol-AAPL)
Replies: 669
Views: 45531

Re: Apple Corp (Symbol-AAPL)

kcowan wrote:
20 Feb 2018 14:35
(Meanwhile our 2100 AAPL shares carry an ACB of US$10.9 and are a long-term hold in our taxable account.)
Have we colonized Mars later this century, Mr. Time Traveler? :P
by adrian2
20 Feb 2018 10:09
Forum: Under the Mattress: Protecting Your Money
Topic: Where to park USD cash?
Replies: 73
Views: 1971

Re: Where to park USD cash?

gsp_ wrote:
20 Feb 2018 08:59
Open to all other suggestions but it may just be time to open that IB account.
CIBC US MMF CIB483 currently yields 1.62%
by adrian2
19 Feb 2018 13:01
Forum: Now Hear This!
Topic: Guess who turned 13 today?
Replies: 9
Views: 278

Re: Guess who turned 13 today?

When does the teenage angst start? ;) Thank you to all who made this forum what it is today. To all of you who contribute content - questions, answers, finiki entries/edits, advice, encouragement, humour, and even the occasional snark - FWF and its readers owe you their thanks. To those who make do...
by adrian2
19 Feb 2018 09:08
Forum: Now Hear This!
Topic: Happy New Year 2018 and some annual housekeeping
Replies: 2
Views: 163

Re: Happy New Year 2018 and some annual housekeeping

It has happened a few times this morning:
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by adrian2
19 Feb 2018 08:52
Forum: Under the Mattress: Protecting Your Money
Topic: Currency Exchange
Replies: 9
Views: 474

Re: Currency Exchange

What's the format for the Canadian bank information in order to receive money via Transferwise from overseas into Canada? Say to receive into a CAD Simplii or Tangerine account, do they use IBAN / Swift code? Adrian2 - It's a few years since we set this up, and I don't exactly remember the process....
by adrian2
18 Feb 2018 22:38
Forum: Under the Mattress: Protecting Your Money
Topic: Currency Exchange
Replies: 9
Views: 474

Re: Currency Exchange

I now use TransferWise for monthly payments from the UK to Canada, at a fee of about 0.5% if the amount is more than £400 (they've just changed the fees, so maybe less than that). It's a straightforward process. What's the format for the Canadian bank information in order to receive money via Trans...
by adrian2
16 Feb 2018 18:45
Forum: Retirement, Pensions and Peace of Mind
Topic: Annuities
Replies: 40
Views: 1059

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: 40
Views: 1059

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: 30
Views: 1130

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: 155
Views: 9935

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: 849

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: 332

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: 1003

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: 263

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: 93
Views: 3916

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: 155
Views: 9935

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: 2613

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: 2613

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: 13536

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: 232

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