Search found 173 matches

by Rooster
02 Oct 2014 15:41
Forum: Financial Planning and Building Portfolios
Topic: Couch potato investing for the last 9 years
Replies: 38
Views: 4485

Re: Couch potato investing for the last 9 years

That's well impressive. Albeit the OP has done considerably better than I have, I've followed a similar course in saving fairly agressively and investing from the get go. I think this shows the importance of having good personal finance habits from the start. Personally, I've been working for 12 yea...
by Rooster
11 Aug 2014 14:43
Forum: Financial Planning and Building Portfolios
Topic: Norbert's gambit - Can$ to US$ or vice versa
Replies: 1179
Views: 161990

Re: Norbert's gambit - Can$ to US$ or vice versa

I've performed norbert's gambit numerous times with tdw, but always within a registered account (rrsp). Will be looking to perform shortly with an unregistered account. Are the operations the same? Anything to take into account? Thanks! Unfortunately the process is not as smooth at TD in a non-regi...
by Rooster
08 Aug 2014 14:18
Forum: Financial Planning and Building Portfolios
Topic: Norbert's gambit - Can$ to US$ or vice versa
Replies: 1179
Views: 161990

Re: Norbert's gambit - Can$ to US$ or vice versa

I've performed norbert's gambit numerous times with tdw, but always within a registered account (rrsp).

Will be looking to perform shortly with an unregistered account. Are the operations the same? Anything to take into account?

Thanks!
by Rooster
07 Jun 2014 08:36
Forum: Financial Planning and Building Portfolios
Topic: Private Corporation : Advisory Committee Liability?
Replies: 7
Views: 840

Re: Private Corporation : Advisory Committee Liability?

Directors can incur statutory liability for unpaid wages, unremitted taxes, certain environmental offenses and in certain other limited circumstances. I would not advise anyone joining a board unless they know the compnay's situation well (they have a duty to ask questions and be informed) and the c...
by Rooster
24 Apr 2014 12:39
Forum: Financial Planning and Building Portfolios
Topic: How are you managing your investments?
Replies: 18
Views: 1755

Re: How are you managing your investments?

My 1% estimate comes from Bill Bernstein. I finally found the reference: The Probability of Success A decade ago, I really did believe that the average investor could do it himself. After all, the flesh was willing, the vehicles were available, and the math wasn’t that hard. I was wrong. Having ema...
by Rooster
23 Jan 2014 22:23
Forum: Financial Planning and Building Portfolios
Topic: Net Worth Calculations: How to Value a Pension Plan
Replies: 42
Views: 11546

Re: Net Worth Calculations: How to Value a Pension Plan

It depends on your years of service and your career mobility. George$ undoubtedly has some examples. But the basic idea is that there are three sources for funding a DB plan: employer contributions, employee contributions and investment returns. As a younger worker, you are only slowly building up ...
by Rooster
23 Jan 2014 21:12
Forum: Retirement, Pensions and Peace of Mind
Topic: Suggest a broker that allow US stocks in rrsp account
Replies: 37
Views: 2476

Re: Suggest a broker that allow US stocks in rrsp account

1.04600 also quoted for dec 27th distributions (vti, vwo, vxus). I may be doing this wrong, but i just look at the drip line in recent activity. For vxus, i got 8 shares and was debited $434.37. So, an average cost per share of $54.30. On dec 27, vxus market price was 51.9. So i figured i was "ding...
by Rooster
23 Jan 2014 20:54
Forum: Financial Planning and Building Portfolios
Topic: Net Worth Calculations: How to Value a Pension Plan
Replies: 42
Views: 11546

Re: Net Worth Calculations: How to Value a Pension Plan

Interesting read parvus, thanks for taking the time.

A question, you mention (and i've heard before) that DBs are a wealth transfer vehicle from younger workers to older, but don't quite see it. Can you elaborate?
by Rooster
23 Jan 2014 13:30
Forum: Financial Planning and Building Portfolios
Topic: Shame shame … market timing
Replies: 73
Views: 4761

Re: Shame shame … market timing

George, You're a great poster (like many others). Your insights are greatly appreciated. On that note, with a roughly 20 year horizon, is there strong evidence that market timing works? What would be useful valuation points? Anything that could be pointed towards specifically or is it just mean reve...
by Rooster
23 Jan 2014 13:15
Forum: Financial Planning and Building Portfolios
Topic: Shame shame … market timing
Replies: 73
Views: 4761

Re: Shame shame … market timing

Thanks AltaRed. I think what bugs me most is that it's not rules based...simply because I can't find a rules based approach to market timing that is supported by research. ;). It's gut feelingish. Had read an article some time that left an impression (here it is if anybody is interested, graph on pa...
by Rooster
23 Jan 2014 13:00
Forum: Retirement, Pensions and Peace of Mind
Topic: Suggest a broker that allow US stocks in rrsp account
Replies: 37
Views: 2476

Re: Suggest a broker that allow US stocks in rrsp account

1.04600 also quoted for dec 27th distributions (vti, vwo, vxus). I may be doing this wrong, but i just look at the drip line in recent activity. For vxus, i got 8 shares and was debited $434.37. So, an average cost per share of $54.30. On dec 27, vxus market price was 51.9. So i figured i was "dinge...
by Rooster
23 Jan 2014 12:37
Forum: Financial Planning and Building Portfolios
Topic: Shame shame … market timing
Replies: 73
Views: 4761

Re: Shame shame … market timing

Come up with a Plan you are comfortable with. Follow it. This. Blind periodic purchasing as per asset allocation (perhaps value averaging if you are more conservative) is probably best. Knowing that, I do the same as the op. Didn't sell anything, but hardly bought new equities last year as I didn't...
by Rooster
23 Jan 2014 12:29
Forum: Retirement, Pensions and Peace of Mind
Topic: How much is enough 2014
Replies: 313
Views: 22430

Re: How much is enough 2014

Personally, we are looking/planning to achieve a retirement income around 100-120k (pre-tax for taxable streams) household which is similar to our current spending (household income of 225k, minus savings and accounting for higher tax rates). Figured drop in work related expenses / owning one car in...
by Rooster
23 Jan 2014 11:55
Forum: Retirement, Pensions and Peace of Mind
Topic: Suggest a broker that allow US stocks in rrsp account
Replies: 37
Views: 2476

Re: Suggest a broker that allow US stocks in rrsp account

Supposedly TDW now auto-washes USD DRIPs from US-listed stocks. They still don't auto-wash DRIPs from Canadian stocks that pay USD dividends. Wow, that's different. Do I have to ask them specifically for each of my stocks to get the Auto-wash? You don't. As long as your account is set to auto wash ...
by Rooster
23 Jan 2014 11:27
Forum: Financial Planning and Building Portfolios
Topic: Shame shame … market timing
Replies: 73
Views: 4761

Re: Shame shame … market timing

Come up with a Plan you are comfortable with. Follow it. This. Blind periodic purchasing as per asset allocation (perhaps value averaging if you are more conservative) is probably best. Knowing that, I do the same as the op. Didn't sell anything, but hardly bought new equities last year as I didn't...
by Rooster
23 Jan 2014 08:08
Forum: Financial Planning and Building Portfolios
Topic: Net Worth Calculations: How to Value a Pension Plan
Replies: 42
Views: 11546

Re: Net Worth Calculations: How to Value a Pension Plan

I thought (could well be wrong) that discount rates matched gov of canada bonds as that reflected the "risk free" nature of the earned annuity to the beneficiary. Returns achieved by the plan, increase in liabilities, plan solvency, etc. is technically only pertinent to the employer, the employee si...
by Rooster
22 Jan 2014 17:12
Forum: Financial Planning and Building Portfolios
Topic: Net Worth Calculations: How to Value a Pension Plan
Replies: 42
Views: 11546

Re: Net Worth Calculations: How to Value a Pension Plan

Which is essentially what I said.... albeit I also agree with your last point if the pension is vested and one can 'walk' with a LIRA, etc. on one's way to a new adventure whatever it may be. All in all (sorry for being so wordy), I think it is a particular beast that needs to be considered on it's...
by Rooster
22 Jan 2014 15:51
Forum: Financial Planning and Building Portfolios
Topic: Net Worth Calculations: How to Value a Pension Plan
Replies: 42
Views: 11546

Re: Net Worth Calculations: How to Value a Pension Plan

I consider the commuted value of my DB as part of my bond allocation in my overall portfolio. The goal of my long term portfolio is funding retirement and I don't see why I should ignore DB in the assessment. For asset allocation purposes perhaps, but for net worth? They are distinct and different,...
by Rooster
22 Jan 2014 14:25
Forum: Financial Planning and Building Portfolios
Topic: Net Worth Calculations: How to Value a Pension Plan
Replies: 42
Views: 11546

Re: Net Worth Calculations: How to Value a Pension Plan

I consider the commuted value of my DB as part of my bond allocation in my overall portfolio. The goal of my long term portfolio is funding retirement and I don't see why I should ignore DB in the assessment.
by Rooster
22 Jan 2014 12:41
Forum: Financial Planning and Building Portfolios
Topic: 2013 Investment Portfolio Results
Replies: 127
Views: 5234

Re: 2013 Investment Portfolio Results

Equities returned an irr of 27.6% (incl. fx gains) and overall (excluding cash and hisa which i do not consider as "investments", rather as emergency fund type reserves) 17.8%. I'm roughly at 60/40 equities to fixed income (including some usd fixed income which had nice fx gains). I'm comfortable go...
by Rooster
24 Aug 2013 08:37
Forum: Financial Planning and Building Portfolios
Topic: Need a recommendation for an Ottawa CFP
Replies: 9
Views: 1897

Re: Need a recommendation for an Ottawa CFP

Can anybody recommend a fee only advisor in the montreal area? I get a number of inquiries from third parties from time to time.
by Rooster
24 Aug 2013 01:58
Forum: Financial Planning and Building Portfolios
Topic: Risk = ??
Replies: 491
Views: 86326

Re: Risk = ??

Then that makes it easier.

:)
by Rooster
24 Aug 2013 01:33
Forum: Financial Planning and Building Portfolios
Topic: Risk = ??
Replies: 491
Views: 86326

Re: Risk = ??

My risk tolerance at my level of net worth is considerably higher than it would be at a quarter of my current net worth. I don't see why I should take on a high level of risk. Basically down to objectives. Lifestyle you want (and correspondingly risk level you're willing to accept for expected adde...
by Rooster
24 Aug 2013 01:26
Forum: Financial Planning and Building Portfolios
Topic: Risk = ??
Replies: 491
Views: 86326

Re: Risk = ??

I think I have a very high tolerance for risk. On several bad days in 2008-2009 our total portfolio (including employee options) was down over $1million. Didn't do anything but fret. Good thing too. Those with multiple millions in retirement are not in the same league as the 'water treader' when it...
by Rooster
28 May 2013 21:38
Forum: Financial Planning and Building Portfolios
Topic: Where are you in your investing life cycle?
Replies: 64
Views: 3485

Re: Where are you in your investing life cycle?

Personally, I'd be inclined to qualify anybody withdrawing from assets to live on as in the withdrawl phase. This regadless of whether that person is still net accumulating. That person would be accumulating more if not withdrawing. To me, they are in the withdrawing phase. Withdrawing does not mean...