Search found 914 matches

by Insomniac
13 Feb 2018 22:45
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 76
Views: 2508

Re: Important change to the Amazon.ca Rewards Visa Card program

Tried to buy gas with my Amazon card yesterday. The pump spit out a receipt with "TRAN. NOT APPROVED", so I guess I might as well cut it up now.

I was able to fill up the car using my Mastercard.
by Insomniac
11 Feb 2018 23:11
Forum: Financial News, Policy and Economics
Topic: Oil
Replies: 1272
Views: 125088

Re: Oil

IMO the discussion doesn't fit in the Oil thread. Is there a political pornography thread? This is pure politics. Horgan willing to acquiesce to weaver to hang onto power. I'm guessing a moderator will move it to the water cooler. I believe that this is all a show. The NDP promised to cancel site C...
by Insomniac
11 Feb 2018 22:57
Forum: Under the Mattress: Protecting Your Money
Topic: Telephone scams
Replies: 61
Views: 4174

Re: Telephone scams

A couple of months ago I got a call from a guy who said he was from Microsoft and my computer needs to be upgraded. So I told him that I have several computers and asked: Which computer? Do you have the IP address? The MAC address? The computer name? Can you tell me anything that would identify this...
by Insomniac
11 Feb 2018 14:06
Forum: Financial Planning and Building Portfolios
Topic: Portfolio Advice for Elderly Relative (Early 90s)
Replies: 26
Views: 924

Re: Portfolio Advice for Elderly Relative (Early 90s)

GreatLaker wrote:
10 Feb 2018 22:37
I did not know about the cost to redeem a GIC in the event of the holder's death.
You might not be able to redeem them at all. My MIL's account was JTWROS with my wife. When my MIL died, we were not allowed to redeem her GICs; we had to hang on to them until they matured.
by Insomniac
09 Feb 2018 23:53
Forum: Financial News, Policy and Economics
Topic: market crash Feb 2018
Replies: 70
Views: 1739

Re: market crash Feb 2018

Just added up all my accounts and compared them to the total at September 30, 2017. I'm $91 up at this point! :beer: Interesting to see what happens to interest rates (ok, I know :roll: ). Will this market volatility cause them to hold off on the rate increases so many have predicted for this year? ...
by Insomniac
09 Feb 2018 13:49
Forum: Taxing Situations
Topic: Attribution rules on money given to spouse for RRSP
Replies: 11
Views: 321

Re: Attribution rules on money given to spouse for RRSP

To my knowledge, you are not supposed to contribute your personal funds to a spouse to fund her personal RRSP without going through a spoisal loan process. That's becasuse you cannot 'gift' your spouse money attribution free. You can fund a spousal RRSP and you get the tax deduction. The FI isn't g...
by Insomniac
08 Feb 2018 17:35
Forum: Financial News, Policy and Economics
Topic: market crash Feb 2018
Replies: 70
Views: 1739

Re: market crash Feb 2018

Yes, another big drop today. ISTM that some people are locking in their losses. Spent January in Hawaii; got back last Sunday. So much work to do after the vacation cleaning up the yard. Picking up blown down branches, hauling debris to dump, pruning trees, applying lime to the lawn, weeding beds......
by Insomniac
05 Feb 2018 16:06
Forum: Under the Mattress: Protecting Your Money
Topic: Important change to the Amazon.ca Rewards Visa Card program
Replies: 76
Views: 2508

Re: Important change to the Amazon.ca Rewards Visa Card program

Just returned my rental car. The credit card coverage saved me the $15 per day collision damage waiver (CDW) charge. CDW is basically just the deductible you pay if you have an accident. Liability insurance is included with the car rental and is basic as required by state law. The liability insuranc...
by Insomniac
05 Feb 2018 11:19
Forum: Financial Planning and Building Portfolios
Topic: Organizing my finances for purchasing an apartment
Replies: 4
Views: 121

Re: Organizing my finances for purchasing an apartment

You can't use the RRSP home buyer's plan because that's only for first time home buyers. I used funds from my RRSP to buy my second home. Rules are here: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/what-home-buyers-plan/participate-home-buyers-plan.ht...
by Insomniac
05 Feb 2018 10:00
Forum: Financial Planning and Building Portfolios
Topic: Start your engines !!!
Replies: 31
Views: 1403

Re: Start your engines !!!

It's funny that the poll runs until Feb 6. If I vote, I will wait until after the close today!
by Insomniac
02 Feb 2018 18:07
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Norbert, your wish has been granted [Vanguard launching cheap balanced index ETFs]
Replies: 107
Views: 3461

Re: Norbert, your wish has been granted [Vanguard launching cheap balanced index ETFs]

Not for me. I'm not interested in emerging markets or ETFs that are currency hedged. Also not sure if foreign bonds are needed.
by Insomniac
28 Jan 2018 02:35
Forum: Financial Planning and Building Portfolios
Topic: Derek Foster
Replies: 263
Views: 18651

Re: Derek Foster

But Canada has two choices to collectively make - have more kids or keep the immigration numbers up...without one or both of those options happening, Canada becomes a geriatric ward over time... I disagree to some extent. Canada, and all countries, need to get off the population growth model to inc...
by Insomniac
26 Jan 2018 15:17
Forum: Financial Planning and Building Portfolios
Topic: Derek Foster
Replies: 263
Views: 18651

Re: Derek Foster

ISTM that there is a lot of shooting the messenger going on here. If FWF members think the CTC is too generous or has a flawed means test, they should be telling the government.
by Insomniac
23 Jan 2018 12:27
Forum: Financial Planning and Building Portfolios
Topic: QTrade offering transfer cash back of 0.1% to Feb.28
Replies: 1
Views: 144

Re: QTrade offering transfer cash back of 0.1% to Feb.28

They did this last year, too. Last July, some $ was deposited in my account seemingly out of nowhere and I wondered where it came from. :lol:
by Insomniac
15 Jan 2018 18:30
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Leasehold Condos
Replies: 17
Views: 434

Re: Leasehold Condos

Buyer beware! https://www.theglobeandmail.com/real-estate/musqueam-indian-band-pushes-leaseholders-for-rate-hike/article23666733/ In the UK, properties on leased land is common. If the lease has less than 50 years or so left on it, you might not be able to get a mortgage. Renegotiating the lease, ma...
by Insomniac
29 Dec 2017 20:45
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Qtrade TFSA deregistration
Replies: 16
Views: 400

Re: Qtrade TFSA deregistration

Gipper: Carrick has written an article warning about TFSA fees. Glen: you should read the agreementyou signed when you opened the account. Obviously the broker is smart enough to make sure people don't cheat them out of their fee by simply drawing down the account until there is not enough to cover ...
by Insomniac
23 Dec 2017 00:21
Forum: Financial Planning and Building Portfolios
Topic: How do I calculate my performance across all accounts?
Replies: 6
Views: 495

Re: How do I calculate my performance across all accounts?

I use the simple Dietz method to calculate the rate of return for the accounts and then use the weighted average to get the total portfolio return. I know it's not accurate, but I don't care. Why am I doing this? Why do I care if my rate of return is 4%, or 6% or 10% or -5%? I'm not going to change ...
by Insomniac
22 Dec 2017 23:45
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Tim Hortons (THI)
Replies: 300
Views: 44762

Re: Tim Hortons (THI)

If the rankings are based on sales, did they do the rankings during during the "roll up the rim" period? I don't think so! :lol:
by Insomniac
19 Dec 2017 16:25
Forum: Under the Mattress: Protecting Your Money
Topic: Telephone scams
Replies: 61
Views: 4174

Re: Telephone scams

Oh, yeah. The old CRA scam. Been around a while that one.
by Insomniac
19 Dec 2017 12:36
Forum: Taxing Situations
Topic: Tax Installments
Replies: 399
Views: 37834

Re: Tax Installments

OK. The thread is about tax installments - just wanted to clarify.
by Insomniac
19 Dec 2017 12:18
Forum: Taxing Situations
Topic: Tax Installments
Replies: 399
Views: 37834

Re: Tax Installments

AltaRed wrote:
19 Dec 2017 10:58
Some posts here are confusing account transfer processes with Bill Payment processes.

I can't imagine the green machine not having this feature.
Yes, tax installments are bill payments with CRA being the payee.
by Insomniac
14 Dec 2017 17:18
Forum: Taxing Situations
Topic: WTH CRA? You're so incompetent lately
Replies: 11
Views: 746

Re: WTH CRA? You're so incompetent lately

I feel your pain. Several years ago, my wife thought she would start a business. She changed her mind when she found out that there was no market for what she wanted to sell (don't ask). Unfortunately, one of her "friends" told her that it was a good idea to get a "GST number", which she did. She di...
by Insomniac
12 Dec 2017 14:58
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA Contribution 2018
Replies: 72
Views: 3178

Re: TFSA Contribution 2018

Remember what happened with Cap Gains exemptions and tax rate changes over the decades? It will happen eventually with TFSAs. Naive to think otherwise. OK, I see what you meant now. You believe that the gov't will set a cap of $100K. Who knows? I doubt that it would cost them an election if they pu...