Search found 4148 matches

by newguy
12 Jul 2017 11:49
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Vanguard Canada ETF changes
Replies: 66
Views: 6958

Re: Vanguard Canada ETF changes

This should be in Blackrock etf changes but it's really Vanguard's fault. A while ago I sold my XSB/XBB in anticipation of today in order to buy the cheaper VSB/VBB. So doing my DD, I looked up what's what and https://www.blackrock.com/ca/individual/en/literature/press-release/pr-2017-5-19-en.pdf To...
by newguy
10 Feb 2017 17:54
Forum: Financial News, Policy and Economics
Topic: Economic future of Canada and immigration
Replies: 24
Views: 1039

Economic future of Canada and immigration

The latest census report shows how much the G7 depends on immigration nowadays. You may have read in other news that not everyone is in favour of immigration. I have some things that concern me about the future. -population decline -population growth. -population static. Perhaps I'm neurotic, and wo...
by newguy
10 Feb 2017 17:40
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4856

Re: Which Broker Do you Use?

Dunno how I missed IB either :oops: +1

newguy
by newguy
10 Feb 2017 13:57
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4856

Re: Which Broker Do you Use?

Brokers inevitably screw this up. Maybe you don't care if your broker carries the wrong Cost Basis? P.S. I noticed IB was not in the list either, but then I don't care anyway. :wink: I wouldn't care even if the number was used for something*. But then I use IB who used to routinely screw up tax rep...
by newguy
10 Feb 2017 13:34
Forum: Retirement, Pensions and Peace of Mind
Topic: Any questions about CPP?
Replies: 189
Views: 15895

Re: Any questions about CPP?

It makes me wonder if my bookkeeper is writing off a higher percentage of expenses then he should be? Or perhaps the other providers are choosing to pay even though they also after expenses make under the $3500? You should ask your bookkeeper. I'm too lazy to do the calculation but the amount of in...
by newguy
10 Feb 2017 13:24
Forum: Financial News, Policy and Economics
Topic: Which Broker Do you Use?
Replies: 113
Views: 4856

Re: Which Broker Do you Use?

No IB option? Just TD for me I guess.

As a side note I've never called a support line for anything in my life. I guess there's never been a reason, but it makes me feel like I've gained a few years of life over those who do.

newguy
by newguy
10 Feb 2017 13:19
Forum: Retirement, Pensions and Peace of Mind
Topic: Planning for Retirement
Replies: 116
Views: 9503

Re: Planning for Retirement

We've talked about IRR before around here.

viewtopic.php?p=553211#p553211

You can sort of see the smile Bruce talked about in the upper quintile, but I'm sure the health care coverage makes it quite lopsided.

newguy
by newguy
07 Dec 2016 17:44
Forum: Financial News, Policy and Economics
Topic: Clippings 2016
Replies: 189
Views: 13139

Re: Clippings 2016

http://www.journals.uchicago.edu/doi/full/10.1086/689575 Cash transfers have been demonstrated to improve education and health outcomes and alleviate poverty in various contexts. However, policy makers and others often express concern that poor households will use transfers to buy alcohol, tobacco, ...
by newguy
07 Dec 2016 17:39
Forum: Financial News, Policy and Economics
Topic: Clippings 2016
Replies: 189
Views: 13139

Re: Clippings 2016

Where can we find data on a country's ability to pay the interest on their loans? What is an appropriate interest coverage? Or do we use credit rating as a proxy for this? Look up sovereign CDS. https://www.dbresearch.com/servlet/reweb2.ReWEB?rwnode=DBR_INTERNET_EN-PROD%24NAVIGATION&rwobj=CDS.calia...
by newguy
30 Nov 2016 14:06
Forum: Financial News, Policy and Economics
Topic: Oil
Replies: 1259
Views: 123215

Re: Oil

Looks like OPEC has done enough to curtail the slide in oil prices......The USA alone can recover their 1 million barrel per day slide in fairly short order Sounds a little contradictory. I wonder if there's any research on how effective cartels are when their market shares are so low. One article ...
by newguy
30 Nov 2016 13:23
Forum: Financial Planning and Building Portfolios
Topic: Negative duration bond ETFs
Replies: 10
Views: 790

Re: Negative duration bond ETFs

It sounds to me like you just trading the IG or HY spread. We can look at that history and compare it. Let's try python this time. import pandas_datareader.data as web import datetime start = datetime.datetime(1996,12,31)# earliest for spread data hy_sprd = web.DataReader("BAMLH0A0HYM2", "fred",star...
by newguy
25 Nov 2016 14:13
Forum: Financial Planning and Building Portfolios
Topic: Outstanding Financial Pornography
Replies: 624
Views: 108475

Re: Outstanding Financial Pornography

I guess it all comes down to "rational". Most are not, so it seems to me this is a tool to keep folks in the game in the short term at the cost of the long term to a avoid a situation like 2008 where an individual quits the market and hides in GICs for the rest of their lives. Is my assessment fair...
by newguy
08 Oct 2016 13:57
Forum: Financial News, Policy and Economics
Topic: Taxman clamps down on snowbirds heading south, hopes to save millions
Replies: 40
Views: 2665

Re: Taxman clamps down on snowbirds heading south, hopes to save millions

I still disagree with Little Al on his point of focus. As I see it his focus, and mine, is on saving money by encouraging low income Canadians on GIS to leave and pay their own medical costs somewhere cheaper. Not paying GIS is the main reason most of them stay. They're all old and that's when most...
by newguy
06 Oct 2016 11:00
Forum: Financial News, Policy and Economics
Topic: Taxman clamps down on snowbirds heading south, hopes to save millions
Replies: 40
Views: 2665

Re: Taxman clamps down on snowbirds heading south, hopes to save millions

Doubt issues relating to GIS have anything to do with snowbirds who would generally have sufficient income that would disqualify them from GIS. Up until last year my in laws spent around 182 in the Philippines every other year or so on annual incomes of about $12k. You can 'snowbird' to many cheape...
by newguy
06 Oct 2016 10:39
Forum: Financial News, Policy and Economics
Topic: Taxman clamps down on snowbirds heading south, hopes to save millions
Replies: 40
Views: 2665

Re: Taxman clamps down on snowbirds heading south, hopes to save millions

Funny thing is that our govt i.diots stand more to lose if they forcefully tie retirees to Canada by threatening to take their GIS away: the repatriate will collect 10K of GIS annually, plus (many of them) will get extra 5-6K a year in form of subsidized housing, plus, out of boredom, they will sta...
by newguy
24 Aug 2016 14:38
Forum: Taxing Situations
Topic: You Pay More On Taxes Than Necessities
Replies: 61
Views: 2801

Re: You Pay More On Taxes Than Necessities

Most of our taxes go to three things. Capture.PNG The Social services has been flat at around 30% but I only show social assistance(welfare/oas/gis). There is a 'other' category that has been climbing to offset the decline, but I don't know what it is. Health is the biggie but education is also usin...
by newguy
24 Aug 2016 12:50
Forum: Financial News, Policy and Economics
Topic: Oil
Replies: 1259
Views: 123215

Re: Oil

Canada 's net exports (which already takes into consideration imports into the east) The wiki says 'exports' not 'net exports', ltr just added the net. However on further checking it seems to me like the CIA source of the data used net exports for just Canada in their data. It's hard to tell since ...
by newguy
23 Aug 2016 16:26
Forum: Financial News, Policy and Economics
Topic: Oil
Replies: 1259
Views: 123215

Re: Oil

Make a new list ranked by net exports. Huh, so Canada is 11th in the list of net oil exports in the world. I would still think we would garner a mention once in a while. But subtract the imports. I only use pure venuzualen oil in my car (and columbian coffee for me!) . It's a east/west thing until ...
by newguy
23 Aug 2016 16:14
Forum: Taxing Situations
Topic: Non-Registered Account - Day Trading - Taxation Inquiry
Replies: 8
Views: 652

Re: Non-Registered Account - Day Trading - Taxation Inquiry

Why a Corp? For liability or to pay highest marginal rates? If you have a loss can it be deducted from regular income, ie. transfer loss from corp to personal taxes? Search on canlii for cases involving how to declare loss on income account. Sometimes it's disallowed but one guy with a good business...
by newguy
23 Aug 2016 15:55
Forum: Financial News, Policy and Economics
Topic: Oil
Replies: 1259
Views: 123215

Re: Oil

Canada is #5, while it's Nigeria #13, Iran #7, Irag #8, Venezuela #12. Make a new list ranked by net exports. https://en.wikipedia.org/wiki/List_of_countries_by_oil_exports https://en.wikipedia.org/wiki/List_of_countries_by_oil_imports I think Canada is maybe 500k - 1 million bbl/day where Saudi is...
by newguy
31 Jul 2016 21:12
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 90
Views: 7719

Re: "Hot Potato" anyone??

twa2w wrote:Is this how every one else interpret it.
That's how I interpret "Hot Potato", the OP shows 4 funds equal weight so... :?:

newguy
by newguy
31 Jul 2016 19:38
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 90
Views: 7719

Re: "Hot Potato" anyone??

I don't know how often they re-balance, but it's probably frequent. The point of a momentum approach is to rebalance infrequently . Mean reversion generally works at a longer time scale than momentum. Of course. I was pointing out this fund exists, I just don't know their re-bal freq. https://www.t...
by newguy
31 Jul 2016 18:53
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 90
Views: 7719

Re: "Hot Potato" anyone??

What we've got here is failure to communicate. It's just a normal 75/25 portfolio for the terminally bored. Luckily, TD has changed the minimum no fee holding period to 30 days or it'd expensive. There's an e-portfolio that does the same thing but for a higher fee I imagine. I don't know how often ...
by newguy
17 Jul 2016 14:06
Forum: Financial Planning and Building Portfolios
Topic: Where to go from here
Replies: 8
Views: 731

Re: Where to go from here

A couple points. -The interest on the mortgage is higher than 0.5% so you're lending to the bank at much less than they're lending to you. Pay the mortgage before saving. Even consider using the TFSA to pay anniversary payments. -The wife's TFSA, if not used, can be used by you. All the caveats abou...