Search found 4221 matches

by Peculiar_Investor
23 Apr 2017 23:22
Forum: Financial Planning and Building Portfolios
Topic: Questions for my Fin. Advisor
Replies: 16
Views: 280

Re: Questions for my Fin. Advisor

any idea what has happened or where I can find it? Have you checked in your User Control Panel-> Manage drafts ? When dealing with drafts there are two options, Load draft where the draft is loaded into posting area so you may finish your post. Your draft will be deleted after submitting this post....
by Peculiar_Investor
23 Apr 2017 14:01
Forum: Financial Planning and Building Portfolios
Topic: Questions for my Fin. Advisor
Replies: 16
Views: 280

Re: Questions for my Fin. Advisor

I agree with your first 2 sentences but I think your last sentence is a little unfair. Maybe it wasn't the best choice of wording and hopefully doesn't offend the OP. Tax efficiency and tax planning is an important part of the investment landscape. But once again don't let the tax tail wag the dog....
by Peculiar_Investor
23 Apr 2017 13:15
Forum: Financial Planning and Building Portfolios
Topic: Questions for my Fin. Advisor
Replies: 16
Views: 280

Re: Questions for my Fin. Advisor

We have a small competition going and it varies who wins from year to year. So the goal seems to be generate positive investment returns. Capital gains are to be expected, no? Does the OP want to handcuff the manager by limiting the amount of capital gains to be generated in any given year? Am I mi...
by Peculiar_Investor
23 Apr 2017 11:33
Forum: Financial Planning and Building Portfolios
Topic: Questions for my Fin. Advisor
Replies: 16
Views: 280

Re: Questions for my Fin. Advisor

Regardless, a good financial advisor would have contacted the OP and discussed the consequences of making the transactions before doing them. It is simply a matter of courtesy and respect. I don't know why you, or the OP, would expect this in the case of a discretionary management arrangement. The ...
by Peculiar_Investor
23 Apr 2017 11:06
Forum: Financial Planning and Building Portfolios
Topic: Questions for my Fin. Advisor
Replies: 16
Views: 280

Re: Questions for my Fin. Advisor

You do need to have a meeting of the minds with him and make sure he does not keep doing this in the future without your pre-agreed input about the consequences of such cap gains on your age exemption, clawback, etc. Indeed, I would call him out on that being irresponsible behaviour. It is up to yo...
by Peculiar_Investor
19 Apr 2017 09:10
Forum: Taxing Situations
Topic: Beware autopopulating software tax form from CRA?
Replies: 7
Views: 269

Re: Beware autopopulating software tax form from CRA?

Automation is helpful, but remember the critical part. Trust, but verify! As discussed in another topic, CRA's Auto-fill my return functionality is still relatively new (2nd year IIRC) and therefore it will probably take some time before all the nuances and kinks are found and resolved. I'm using UF...
by Peculiar_Investor
12 Apr 2017 11:16
Forum: Retirement, Pensions and Peace of Mind
Topic: Withdrawing from a stock based RSP
Replies: 11
Views: 275

Re: Withdrawing from a stock based RSP

A two part answer. What about TaxTips.ca - Making "in kind" withdrawals from an RRSP or a RRIF rather than selling and withdrawing cash? Or I'd look at the problem from a different perspective. Annual RRSP withdrawals are a fact of life and the formula is known. So why wouldn't you setup your portfo...
by Peculiar_Investor
11 Apr 2017 17:25
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: 2017 a very tough market
Replies: 34
Views: 1416

Re: 2017 a very tough market

From my point of view the problem with utility type stocks is they are being valued in their dividend yield rather than other metrics like P/E. The dividend yield/dividend growth trade is a crowded market where other valuation metrics are being ignored or given little consideration. If, when the div...
by Peculiar_Investor
11 Apr 2017 14:40
Forum: Financial Planning and Building Portfolios
Topic: Mercer is using a proprietary fund universe to argue that Canadian active equity funds have trounced the index
Replies: 9
Views: 569

Re: Mercer is using a proprietary fund universe to argue that Canadian active equity funds have trounced the index

Can anybody explain this discrepancy for me? Is there some difference between the SPIVA universe of funds and the Mercer universe of funds? Yes there is a difference. Typically these pooled fund universes are funds specifically marketed to the pension/institutional universe. I don't know about the ...
by Peculiar_Investor
10 Apr 2017 23:00
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: What to do with a paid off house?
Replies: 35
Views: 1104

Re: What to do with a paid off house?

Hello and welcome to the FWF community. Being mortgage free provides additional flexibility and opportunities to redirect the mortgage payment cash flow into other opportunities such as investments. I would never consider selling any asset just because "all the media" says we're in a bubble. Just fo...
by Peculiar_Investor
07 Apr 2017 17:25
Forum: Financial Planning and Building Portfolios
Topic: Fixed Income in RESP
Replies: 8
Views: 177

Re: Fixed Income in RESP

I've posted this elsewhere, as it applies when you have near term (i.e within a couple of years) need for the funds. The following quote, often misattributed to Will Rogers, is well worth remembering
I am not so much concerned with the return on capital as I am with the return of capital.
by Peculiar_Investor
07 Apr 2017 16:28
Forum: Financial Planning and Building Portfolios
Topic: Am I really doing okay?
Replies: 33
Views: 1179

Re: Bogleheads 3 fund lazy portfollio

I believe the OP is referring to https://www.bogleheads.org/wiki/Lazy_portfolios. I don't believe that the Bogleheads three fund portfolio directly translates to a Canadian version. The US equity market represents roughly 50% of the global equity market, while Canada represents about four percent. Y...
by Peculiar_Investor
04 Apr 2017 12:12
Forum: Taxing Situations
Topic: Turbo Tax 2016
Replies: 4
Views: 189

Re: Turbo Tax 2016

Or as complete as CRA has required from the financial institutions. I think it's more likely that CRA is setting the policies and procedures that the financial institutions must follow. As this is just the second year of implementation where the taxpayer can see the data that CRA receives, there are...
by Peculiar_Investor
04 Apr 2017 11:54
Forum: Retirement, Pensions and Peace of Mind
Topic: Financially uninterested spouse inheriting stock portfolio
Replies: 46
Views: 1433

Re: Financially uninterested spouse inheriting stock portfolio

While the IPS is important for the disinterested spouse to have, the one "you" developed will most likely be quickly abandoned IF it is more than one page in length. No disinterested spouse nor his/her advisor will pay much attention to anything that is more complicated than: 1) simple paragraph on...
by Peculiar_Investor
04 Apr 2017 11:09
Forum: Retirement, Pensions and Peace of Mind
Topic: Financially uninterested spouse inheriting stock portfolio
Replies: 46
Views: 1433

Re: Financially uninterested spouse inheriting stock portfolio

I would think that the other important piece in this puzzle is having an Investment Policy Statement (IPS) that clearly states the objectives of the portfolio. I would strongly suggest that a minimum this document should a) exist and b) should be reviewed with the 'financially uninterested spouse'. ...
by Peculiar_Investor
04 Apr 2017 09:47
Forum: Taxing Situations
Topic: Does this screen look right to you? (RSP Contribution)
Replies: 26
Views: 530

Re: Does this screen look right to you? (RSP Contribution)

Thanks for the responses. But also in Image 2, why are you adding a further $10,000 in the "first 60 days of 2017.... as a 2016 Contribution" ? That now says you are trying to deduct $20009 in total for 2016 when you only have $10009 deduction room. IMO, that latter $10000 in Image 2 should be a ze...
by Peculiar_Investor
03 Apr 2017 11:53
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 136
Views: 15009

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

Possibly, but for the most part I take risk in the equity portion of my portfolio. It has taken me a number of years to finally accept that the purpose and risk profile of the bond ladder is something totally different. Slight topic drift alert as I explain the rationale behind the buy. Once upon a ...
by Peculiar_Investor
03 Apr 2017 10:02
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 136
Views: 15009

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

Once again I'm buying bonds per our investment policy statement and asset allocation. Currently underweight fixed income by about 4% which is the edge of target range and the earliest space on our 10 year bond ladder ** is 2023. I've been periodically poking around TDDI's offerings. Part of the chal...
by Peculiar_Investor
02 Apr 2017 19:28
Forum: Retirement, Pensions and Peace of Mind
Topic: Financially uninterested spouse inheriting stock portfolio
Replies: 46
Views: 1433

Re: Financially uninterested spouse inheriting stock portfolio

If the heirs are also completely uninterested, the trust can continue past your spouse's death. My arrangement will cost some $6,000 a year, indexed to inflation. plus disbursements. If you don't mind me asking, can you breakdown the trust costs a bit further. I'm thinking accounting fees for annua...
by Peculiar_Investor
02 Apr 2017 10:52
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA contribution 2017
Replies: 11
Views: 592

Re: TFSA contribution 2017

Welcome to FWF. In case you're not aware, in addition to the discussion topics here, we also have a wiki is a collaborative work that is primarily based on knowledge built up in the discussion forum, and is presented in an easy-to-navigate and searchable format. Specifically the Tax-Free Savings Acc...
by Peculiar_Investor
02 Apr 2017 10:33
Forum: Retirement, Pensions and Peace of Mind
Topic: Financially uninterested spouse inheriting stock portfolio
Replies: 46
Views: 1433

Re: Financially uninterested spouse inheriting stock portfolio

How do others see dealing with the issue of the spouse not being particularly interested in all of this, but wanting to maintain a nice income? As a challenging problem, one that I'm trying to wrap my head around for a solution. It's on my "Things I might do"™ list of issues that should be addresse...
by Peculiar_Investor
01 Apr 2017 18:25
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: 2017 Predictions Contest
Replies: 72
Views: 2802

Re: 2017 Predictions Contest

CROCKD wrote:
01 Apr 2017 18:12
The forecast in Wiki only gives the results to Feb.28
Can you check again please. I think there was a problem with the server caching that I believe to be resolved.