Search found 4247 matches

by Peculiar_Investor
17 May 2017 11:19
Forum: Retirement, Pensions and Peace of Mind
Topic: Estate Planning... POA or must be Will?
Replies: 28
Views: 643

Re: Estate Planning... POA or must be Will?

Unless my wife and I are willing to have everything joint, otherwise, a will is a must. I think you are missing the point of what everyone has been replying. A will is a must, period. In Canada, if you die without a Will you are considered to have died "intestate." Simply put, this means that your ...
by Peculiar_Investor
17 May 2017 07:52
Forum: Financial Planning and Building Portfolios
Topic: Short term investment
Replies: 8
Views: 253

Re: Short term investment

Hello, Where would you put half a million for 6 months to get the best returns? Will need the funds to put back into a new home in about 6 - 8 months. Thanks! For such a short term investment, return of capital is far more important than return on capital . So I won't necessarily be looking at the ...
by Peculiar_Investor
15 May 2017 09:08
Forum: Financial Planning and Building Portfolios
Topic: Impacts of currency fluctuations and currency hedging on returns
Replies: 43
Views: 782

Re: Impacts of currency fluctuations and currency hedging on returns

We are starting to drift from the original topic, but since we seem to remain at least tangentially connected I'll continue this worthwhile discussion. why stop at your home country's border? I have given a few reasons, in this thread, that justify not investing abroad in proportions of market capit...
by Peculiar_Investor
15 May 2017 07:46
Forum: Financial Planning and Building Portfolios
Topic: Impacts of currency fluctuations and currency hedging on returns
Replies: 43
Views: 782

Re: Impacts of currency fluctuations and currency hedging on returns

That sounds similar to Jack Bogle's contention that U.S. investors don't need international investments, because U.S. companies make a big part of their business abroad. On this point I disagree with Bogle. If you believe in the underlying theory of indexing, which is purchasing a broadly based ind...
by Peculiar_Investor
14 May 2017 10:16
Forum: Financial Planning and Building Portfolios
Topic: Impacts of currency fluctuations and currency hedging on returns
Replies: 43
Views: 782

Re: Impacts of currency fluctuations and currency hedging on returns

Am I the only one worrying about such things? I think longtime FWF'ers have previously done the analysis and figured out it isn't worth the worrying, as best summed up by ... Unhedged ETFs have lower costs and should be favoured for that reason alone. Currency fluctuations in the long run cancel ou...
by Peculiar_Investor
12 May 2017 10:06
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What to do with TD Resource Fund?
Replies: 4
Views: 111

Re: What to do with TD Resource Fund?

How does this fund fit into your overall asset allocation? What was the investment thesis behind the original purchase and has anything changed other than the price drop that has changed your opinion on this fund in particular and how it fits into your asset allocation in general? What should I do w...
by Peculiar_Investor
12 May 2017 08:11
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What Causes a Reduction in Canadian Public Companies?
Replies: 21
Views: 258

Re: What Causes a Reduction in Canadian Public Companies?

Somewhat related, how about this interesting statistic from Bloomberg, There Are Now More Indexes Than Stocks - Bloomberg The number of market indexes now exceeds the number of U.S. stocks. Traditional ones such as the S&P 500 are collections of securities weighted by market value, and index funds m...
by Peculiar_Investor
12 May 2017 07:17
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Aimia (Symbol-AIM)
Replies: 11
Views: 494

Re: Aimia (Symbol-AIM)

How about this scenario. Air Canada needs to build up a new loyalty program. Aimia share price has significantly dropped. Would it cost Air Canada less to purchase Aimia than to develop and getting running their new loyalty program?
by Peculiar_Investor
09 May 2017 08:07
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Etf inflows causing high P/E levels
Replies: 4
Views: 246

Re: Etf inflows causing high P/E levels

oppositeset wrote:
08 May 2017 16:29
Any comments on Andrew Mcreath's thoughts given below on how etf inflows are causing high P/E levels
A link to the comments who be helpful, particularly since the quote contains mentions of specific figures.
by Peculiar_Investor
08 May 2017 13:58
Forum: Now Hear This!
Topic: When something breaks (2017)
Replies: 4
Views: 385

Re: When something breaks (2017)

Thanks for the report. Behind the scenes, others have also noticed intermittent sluggishness and errors over the past couple of days. As there have been no changes/updates made to the forum or wiki software recently, we suspect our hosting provider might have changed something that is impacting us. ...
by Peculiar_Investor
08 May 2017 09:33
Forum: Financial Planning and Building Portfolios
Topic: How am I doing?
Replies: 272
Views: 440307

Re: How am I doing?

my wife and I actually received letters earlier this week from the lawyers running the class action lawsuit against the organizers of the Parklane Financial Donations for Canada charitable donation scheme. It looks like it's going to the Ontario Superior court, and we could be entitled to a portion...
by Peculiar_Investor
08 May 2017 08:26
Forum: Financial Planning and Building Portfolios
Topic: Ten commandments from Jonathan Clements
Replies: 12
Views: 560

Ten commandments from Jonathan Clements

Some good thinking material from Jonathan Clements, Ten Commandments - HumbleDollar IMAGINE YOU HAD ONE SHOT at offering financial advice to a high school or college graduate. Your mission: Come up with 10 rules that’ll help your graduate succeed financially in the years ahead. What would you recomm...
by Peculiar_Investor
06 May 2017 08:55
Forum: Retirement, Pensions and Peace of Mind
Topic: DB to DB Transfer (HOOPP/OMERS)
Replies: 34
Views: 583

Re: DB to DB Transfer (HOOPP/OMERS)

Welcome to the FWF community.

There are a few members here who have expertise in the pension area and hopefully they'll be around soon to provide some input.
by Peculiar_Investor
05 May 2017 08:31
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: CREIT (Symbol - REF.UN)
Replies: 6
Views: 301

Re: CREIT (Symbol - REF.UN)

It appears expensive right now. Near a 52 week high, trading over BV, yield under 4%. A better entry point would be in the $40-45 range. Look at a 5 year chart. I don't follow REITs, but I would be interested to understand the methodology that you've used to determine the $40-45 entry point range? ...
by Peculiar_Investor
04 May 2017 09:11
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Discrepancy in table 2.1 Page 49 in the book The Intelligent Investor by Benjamin Graham
Replies: 2
Views: 190

Re: Discrepancy in table 2.1 Page 49 in the book The Intelligent Investor by Benjamin Graham

Welcome to the FWF community. If you look at page 64 of The Intelligent Investor - HarperCollins you can see Table 2-1 that the OP is referencing. On my copy of The Intelligent Investor, Fourth Revised Edition, the table appears on page 18. I'd never noticed the error, not can I explain it. But reme...
by Peculiar_Investor
03 May 2017 11:02
Forum: Taxing Situations
Topic: Estate Information Return
Replies: 6
Views: 173

Re: Estate Information Return

That is an intolerable response from TDDI. Don't accept that for an answer. I would agree and I'd push back on them. The estate department should understand the requirement comes from CRA and therefore I would have expected they would have simply provided the needed information. As Nobert states "A...
by Peculiar_Investor
01 May 2017 09:19
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Pembina Pipeline Corp (Symbol PPL-T) (formerly PIF.UN)
Replies: 85
Views: 11442

Re: Pembina Pipeline Corp (Symbol PPL-T) (formerly PIF.UN)

Pembina's gone shopping ... Pembina and Veresen to Create Leading North American Energy Infrastructure Company Under the terms of the arrangement agreement, Pembina is offering to acquire all the issued and outstanding shares of Veresen by way of a plan of arrangement under the Business Corporations...
by Peculiar_Investor
01 May 2017 07:22
Forum: Taxing Situations
Topic: I don't want a refund, the goal should be having taxes owing
Replies: 21
Views: 660

Re: I don't want a refund, the goal should be having taxes owing

Did FWF spawn an idea for an article? How to stop paying the Tax Man too much: Vaz-Oxlade | Toronto Star Reality check: Money in your pocket now is better than money in your pocket down the road. And yet every year about two-thirds of the people who file a tax return in Canada end up getting a refun...
by Peculiar_Investor
30 Apr 2017 13:24
Forum: Taxing Situations
Topic: I don't want a refund, the goal should be having taxes owing
Replies: 21
Views: 660

Re: I don't want a refund, the goal should be having taxes owing

From a cash-flow management perspective, it's just easier to get a refund. That's the mindset problem. It appears that when it comes to CRA we've been trained to overpay. Refunds = overpayment of taxes, plain and simple. Do people routinely overpay all their utility bills etc. Of course not, so why...
by Peculiar_Investor
30 Apr 2017 12:35
Forum: Taxing Situations
Topic: I don't want a refund, the goal should be having taxes owing
Replies: 21
Views: 660

Re: I don't want a refund, the goal should be having taxes owing

I'm not suggesting that taxpayers try to find the last dollar of savings. I'm suggesting a more general mindset change. If you are habitually getting a tax refund then there may be an opportunity to make changes because a prudent taxpayer should desire to have a small balance owing when tax filing. ...
by Peculiar_Investor
30 Apr 2017 09:37
Forum: Taxing Situations
Topic: I don't want a refund, the goal should be having taxes owing
Replies: 21
Views: 660

Re: I don't want a refund, the goal should be having taxes owing

I realize that those in, or near retirement are subject to fewer source deductions or withholding of taxes. The challenge for this group is managing the required tax instalments, as a few posters have mentioned. For the most part these taxpayers have direct control over their taxable events and tax ...
by Peculiar_Investor
28 Apr 2017 10:38
Forum: Taxing Situations
Topic: I don't want a refund, the goal should be having taxes owing
Replies: 21
Views: 660

I don't want a refund, the goal should be having taxes owing

So I'm reading through What to do once you’ve received your tax refund: Pape | Toronto Star . I'm amazed that nowhere in the article does Pape mention that getting a refund means that you've been giving the government an interest free loan for the past year because you've overpaid your tax obligatio...
by Peculiar_Investor
25 Apr 2017 10:33
Forum: Taxing Situations
Topic: Taxes
Replies: 6
Views: 271

Re: Taxes

Welcome to the FWF community. I'm receiving 37k after 10% penalty and 20% federal tax, what will I have to pay taxes on? Can you clarify this a bit further, it is unclear where/why you are receiving the funds and what 'penalty' is being applied. Is the 'penalty' possibly tax being withheld at source...