Search found 4405 matches

by scomac
15 Jan 2018 20:16
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Leasehold Condos
Replies: 12
Views: 226

Re: Leasehold Condos

Are we talking about the same thing? Condos, retirement community detached homes, etc. might all be strata, but is the land component held freehold (as in Ontario crown registered in the provincial land registry)? Or long lease leasehold (First Nations land which i believe the land registration is ...
by scomac
15 Jan 2018 17:17
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Leasehold Condos
Replies: 12
Views: 226

Re: Leasehold Condos

It is a debate almost everywhere including here in the Okanagan where there is a lot of leasehold on indigenous lands up and down the valley. The primary value in my opinion is 'lower cost entry' for young couples or young families wanting to put a decent roof over their heads, and/or seniors who d...
by scomac
05 Jan 2018 11:35
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2018)
Replies: 53
Views: 3525

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

Those odd, small lot offerings do pop up from time to time but rare is the instance than an odd lot appears at the same time one is ready/able to invest. When it does, it is like winning some tokens at the casino. Indeed. AS fate would have it I was looking this morning at the offerings in 1 to 4 y...
by scomac
05 Jan 2018 10:21
Forum: Financial Planning and Building Portfolios
Topic: How Did You Do in 2017?
Replies: 75
Views: 2964

Re: How Did You Do in 2017?

My 2017 return comes in at about 6.7% on a balanced portfolio (55/45 equity to fixed and cash) in withdrawal mode, with the equity divided about 2-1 Canada/ex-Canada. A problem with my Canada equity holdings, all non-registered, is that of weighing lagging performance against realizing cap gains. F...
by scomac
04 Jan 2018 09:37
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2018)
Replies: 53
Views: 3525

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

Internal cash flow continues to put our fixed income allocation below target weight specified in our Investment Policy Statement target ranges. Used some of that cash in a registered account to purchase another component of the 2027 rung for our 10-year bond ladder. Bought Husky Energy (A low) 3.60...
by scomac
03 Jan 2018 13:41
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2018)
Replies: 53
Views: 3525

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

Initiated a new position in (NWL) Newel Brands. This stock had been hit hard in the last quarter or so with a big miss and then guiding lower. Fundamentally it's very cheap, especially for a US consumer stock. Nice suite of products that are of the repeat purchase variety; very dull and boring busin...
by scomac
03 Jan 2018 13:29
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2018)
Replies: 17
Views: 1532

Re: What did you sell? What might you sell? (2018)

Sold out of my position in (SHYG) iShares 0-5 Year High Yield Corporate Bond ETF . I held it for a bit over a year as a boost to our fixed income allocation. Return was OK at 4.6%, but not really commensurate with the risk being assumed. Decided to reallocate in favour of higher return potential whi...
by scomac
31 Dec 2017 14:22
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Are we too old, crusty and conservative
Replies: 65
Views: 2468

Re: Are we too old, crusty and conservative

I am happy to leave all the speculative stuff to others. Absent a major export market, Canada's cannabis stocks are already priced way beyond market support (profitability). I barely dabbled in dotcom crap in the late '90s and am happy I stayed away. I am also happy I limited my foray into commodit...
by scomac
31 Dec 2017 14:20
Forum: Financial Planning and Building Portfolios
Topic: How Did You Do in 2017?
Replies: 75
Views: 2964

Re: How Did You Do in 2017?

7.45% annualized return for 2017 on a total portfolio (excluding HISA) allocation of 65% equity/35% fixed income. This is a combination of DIY and managed money with ~1/3 in foreign currencies. 5 Yr. CAGR right at 10%. Since inception start of record keeping (Dec. 2004) 7.60% CAGR.
by scomac
31 Dec 2017 12:07
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Power of Dividend Growth 2011 (and beyond)
Replies: 787
Views: 55992

Re: Power of Dividend Growth 2011 (and beyond)

Our income from dividends in the Canadian dividend growth stock portfolio is up near 8% for the year 2017 compared to year end last year. Everything else is a bonus. I don't have the percent increase at my fingertips, but I just counted up 21 increases out of 26 positions including a couple of pref...
by scomac
31 Dec 2017 11:43
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Are we too old, crusty and conservative
Replies: 65
Views: 2468

Re: Are we too old, crusty and conservative

I continue to get more risk averse as I age. My bond ladder is the one thing that gives me the most peace-of-mind as an investor because my RoR is known. I appreciate the certainty. Having said that, we are below plan for fixed income. As a result, I've maintained a fairly healthy cash cushion to co...
by scomac
30 Dec 2017 12:33
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Are we too old, crusty and conservative
Replies: 65
Views: 2468

Re: Are we too old, crusty and conservative

The very low interest rates over the past few years led me to reduce my fixed income % in favour of conservative dividend plays with conservative stocks such as banks.I feel at my age I should be at 70% fixed but 2% interest is not on. I still like to keep 5% as my "gambling" pot which is currently...
by scomac
30 Dec 2017 12:27
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: 2017 Predictions Contest
Replies: 104
Views: 5094

Re: 2017 Predictions Contest

I would also like to add my congratulations to kukucanuck for a guess job well done! It would appear that i had a decent effort myself with an 8th place finish. I think prices moved my direction a lot in the last month as the last time I checked I was in the 20's for ranking! Thanks to Keith for run...
by scomac
27 Dec 2017 10:52
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Are we too old, crusty and conservative
Replies: 65
Views: 2468

Re: Are we too old, crusty and conservative

The first paragraph quoted reflects my views. This is especially true for those people who are retired (like me). Low double digit total returns seem pretty good to me, and much better than the TSX. The next paragraph not so much. Sounds too much like market timing to me. I haven’t bought anything ...
by scomac
27 Dec 2017 07:35
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Are we too old, crusty and conservative
Replies: 65
Views: 2468

Re: Are we too old, crusty and conservative

Another point is that some of us have reached a level of security in which it is no longer necessary or even interesting to take big risks. We are content with 6-8% annual returns with a side order of 3-4% dividends. Why risk money on complete unknowns when the old stodgy style of buy and hold the ...
by scomac
24 Dec 2017 15:58
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Are we too old, crusty and conservative
Replies: 65
Views: 2468

Re: Are we too old, crusty and conservative

I feel old, I'm grumpy if not crusty and I'm becoming more conservative with my investments. Recently pulled 400K out of the market to work on building a GIC ladder. I no longer need to chase income. A month ago I felt positively ancient! I was also grumpy and crusty, but such is the way when we ar...
by scomac
22 Dec 2017 10:52
Forum: Retirement, Pensions and Peace of Mind
Topic: Retirement - is it over-rated?
Replies: 281
Views: 16805

Re: Retirement - is it over-rated?

Retirement can be bad for your health. We already knew this, but there is new confirmation. The abstract : Social Security eligibility begins at age 62, and approximately one third of Americans immediately claim at that age. We examine whether age 62 is associated with a discontinuous change in agg...
by scomac
06 Dec 2017 08:11
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How Many Stocks In A Portfolio?
Replies: 53
Views: 1796

Re: How Many Stocks In A Portfolio?

I'm a fair bit more active than the majority here. I have averaged 39 transactions per year on a stock portfolio that runs between 25-30 names, so that makes for a fairly healthy turnover, although I tend to come and go into the same group of companies. I did mention previously that I have a tendenc...
by scomac
05 Dec 2017 08:10
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Trying to find a good stock screener for Cdn and USA stocks
Replies: 7
Views: 307

Re: Trying to find a good stock screener for Cdn and USA stocks

I tried subscribing to GlobeinvestorGold.com today to get their stock screener but apparently they no longer offer this kind of subscription. Can anyone point me to a good stock screener for Cdn and USA stocks. I'm more interested in fundamental parameters, not technical ones. TIA! Interesting. I h...
by scomac
02 Dec 2017 10:30
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How Many Stocks In A Portfolio?
Replies: 53
Views: 1796

Re: How Many Stocks In A Portfolio?

The only thing I target for equal weight in the non-registered portfolio are the sectors. I have near 30 individual Canadian stocks in the portfolio and most of them seem to be doing well. I don't spend much more time on this portfolio than I do on the fully indexed portfolios in the TFSA's and RRS...
by scomac
30 Nov 2017 02:43
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How Many Stocks In A Portfolio?
Replies: 53
Views: 1796

Re: How Many Stocks In A Portfolio?

I have modeled our portfolios using the approach described in the second article. The information that I read when I was getting started talked about 20-30 stocks that were (roughly) equal weighted as being the ideal for gaining approximately 85% of the diversification benefit of the market while st...
by scomac
23 Nov 2017 11:04
Forum: Financial News, Policy and Economics
Topic: Amanda Lang leaving [BNN] CBC
Replies: 101
Views: 23758

Re: Amanda Lang leaving [BNN] CBC

It will be interesting to see how this pans out. While I admire Lang's thoroughness I've always thought that she benefited from O'Leary's outrageousness similar to Ron MacLean's contrast to Don Cherry. Another case of the whole being greater than the sum of the parts.
by scomac
23 Nov 2017 10:56
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

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

You have BIG ones, you surely do. Added: Lest you misunderstand me, you are definitely being speculative....but at the same time, there will be a bounce once the Arctic grips good portions of North America allowing you to walk away with some profits. Seems to be a pretty good bet. You are right; pu...
by scomac
13 Nov 2017 13:46
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 53184

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

I was contemplating buying some ITP on Friday when it drifted down to $17.50 pending 3Q earnings release early this morning. Shoulda/coulda given 3Q turned out better than the market was anticipating and it opened at $18.50 and shot up to over $20 early in trading this morning. Coulda made $2/share...
by scomac
10 Nov 2017 10:03
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2017)
Replies: 182
Views: 19235

Re: What did you sell? What might you sell? (2017)

Letting winners run is an interesting concept. If I had never taken any profits on Couche-tard if would now be 12.5% of my portfolio, the entire thing, so I'm not sure that would have ever been wise. That said, whatever the money was reinvested in wasn't nearly as good, so maybe you should just sti...