Search found 1854 matches

by SQRT
12 Dec 2017 15:21
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Power of Dividend Growth 2011 (and beyond)
Replies: 742
Views: 53981

Re: Power of Dividend Growth 2011 (and beyond)

Another viewpoint on the matter of dividends, The Hidden Stock Market Price of Falling for the Dividend Ruse - Bloomberg A favorite theory of financial economists is that stock dividends are a mirage, bait conjured by companies to create the illusion of free money. Research from the University of C...
by SQRT
06 Dec 2017 12:21
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Direct Investing (was Waterhouse) Service
Replies: 1874
Views: 164336

Re: TD Direct Investing (was Waterhouse) Service

TDDI has established a "Relationship Manager" for high net worth clients. I got a call today from my Relationship Manager. According to a followup email, they will provide premium support via an "Elite Line staffed with our most knowledgeable traders", as well as other complimentary services (e.g. ...
by SQRT
06 Dec 2017 11:40
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How Many Stocks In A Portfolio?
Replies: 53
Views: 1674

Re: How Many Stocks In A Portfolio?

I have about 12 names in my bank heavy, 100% equity portfolio. Haven’t bought anything new in 2 years. Sold down a bit to take some money off the table with the proceeds going to higher spending.
by SQRT
30 Nov 2017 16:30
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Royal Bank (Symbol-RY)
Replies: 275
Views: 62186

Re: Royal Bank (Symbol-RY)

I view a miss as a short-term buying opportunity. After all, it is missing the projections of The Street, not the company projections. Might be but it hasnt dropped that much. Really just a reversal of the run up which seemed to be the result of the expectation of another big beat. In my case, I wi...
by SQRT
30 Nov 2017 09:59
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Royal Bank (Symbol-RY)
Replies: 275
Views: 62186

Re: Royal Bank (Symbol-RY)

TD’s results were a surprise all right. To the downside though, I think the market sentiment was the other way. This AM’s market reaction seems a little “over” to me though. Fourth quarters have a way of disappointing for some reason.

On the other hand the CM results look very strong.
by SQRT
29 Nov 2017 11:17
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Royal Bank (Symbol-RY)
Replies: 275
Views: 62186

Re: Royal Bank (Symbol-RY)

AltaRed wrote:
29 Nov 2017 11:07
No personal bias there? :wink:
Maybe a little biased. Stood me well over the years though.
by SQRT
29 Nov 2017 09:58
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Royal Bank (Symbol-RY)
Replies: 275
Views: 62186

Re: Royal Bank (Symbol-RY)

PAA Research is betting against banks: Short seller takes aim at RBC, CIBC . And in a worst-case scenario for the banks that PAA says could take three years to play out, a mix of factors including sagging home prices, tighter credit conditions and fallout from highly-leveraged consumers could force...
by SQRT
26 Nov 2017 10:04
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Affordability
Replies: 18
Views: 710

Re: Housing Affordability

Even if it does decline (or level off) at some point, it is clear that real estate has been a surprisingly good “investment” since the financial crises, at least in most of the big cities. You're essentially saying that RE has been a good investment during a period of all-time low interest rates, w...
by SQRT
25 Nov 2017 08:35
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Affordability
Replies: 18
Views: 710

Re: Housing Affordability

It may still happen but the “wisdom” of 10-15 years ago sure missed the recent run up. Even if it does decline (or level off) at some point, it is clear that real estate has been a surprisingly good “investment” since the financial crises, at least in most of the big cities. I’m as surprised as the ...
by SQRT
24 Nov 2017 12:22
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 446
Views: 29452

Re: High interest rates for savings, GICs and MMFs (2017)

TD Canada Trust is offering a "ePremium" savings account that pays .75% plus a bonus of 1.75% per annum for a total of 2.5% per annum from now till March 31/18. The catch is you have to have a minimum balance of $10k. I moved $50k from Tangerine to TD but will probably move it back in the Spring. I...
by SQRT
24 Nov 2017 12:17
Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
Topic: Housing Affordability
Replies: 18
Views: 710

Re: Housing Affordability

Does anyone else remember the “conventional wisdom” of 10-15 years ago that stated big houses would decline in value as baby boomers retired and downsized. Doesn’t seem to be working out that way? Low interest rates, more immigration (anything else?) have at the very least deferred this prediction.
by SQRT
23 Nov 2017 10:31
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Royal Bank (Symbol-RY)
Replies: 275
Views: 62186

Re: Royal Bank (Symbol-RY)

When working at the bank I was in charge of raising capital. I was always surprised at how cheaply we could raise non equity capital. Also, how expensive common equity was. Long ago I decided to invest only in the equity. Just so much better as an investment over the years. I remember considering b...
by SQRT
22 Nov 2017 18:09
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Royal Bank (Symbol-RY)
Replies: 275
Views: 62186

Re: Royal Bank (Symbol-RY)

Profit not Prophet wrote:
22 Nov 2017 10:47
Saw 'A1 trader' interest in shorting Royal in June of 2013 about five posts up. Price was a hair under $60 then. Never been that low since then.
Betting against the Canadian banks takes a lot of guts (and money). It has seldom worked out well.
by SQRT
22 Nov 2017 18:08
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Royal Bank (Symbol-RY)
Replies: 275
Views: 62186

Re: Royal Bank (Symbol-RY)

It seems that the banks managed to get people to invest in their long term financing with too much premium. I was amazed but then I am not much of a bond guy so I never paid much attention. I tend to stick to utilities because they pay more. Yes, I agree. When working at the bank I was in charge of...
by SQRT
22 Nov 2017 18:05
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Royal Bank (Symbol-RY)
Replies: 275
Views: 62186

Re: Royal Bank (Symbol-RY)

Thegipper wrote:
22 Nov 2017 13:07
I have been fairly committed to holding a position in RY. This has given me some pause. Thinking I should sell and buy TD.
I don’t think this news should cause such a change in heart. TD is certainly a good investment though. As is RY.
by SQRT
22 Nov 2017 10:47
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Royal Bank (Symbol-RY)
Replies: 275
Views: 62186

Re: Royal Bank (Symbol-RY)

This seems to be one of those good news/bad news developments. On the one hand, they are rich successful and big. OTOH they must maintain a higher reserve capital, making them less efficient. Agree. However, RY already meets this higher capital level so the effect will be minimal at worst. TD may g...
by SQRT
21 Nov 2017 06:14
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Power of Dividend Growth 2011 (and beyond)
Replies: 742
Views: 53981

Re: Power of Dividend Growth 2011 (and beyond)

Taggart: good for you. But 2010 would have been a bad time to reduce financial weighting, I think? I have a similar philosophy but not so averse to financials. My divs are about 50% of retirement income with pension the rest. Only have taxable accounts. Divs have just about doubled since the 08/09 ...
by SQRT
20 Nov 2017 08:33
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Power of Dividend Growth 2011 (and beyond)
Replies: 742
Views: 53981

Re: Power of Dividend Growth 2011 (and beyond)

Taggart: good for you. But 2010 would have been a bad time to reduce financial weighting, I think? I have a similar philosophy but not so averse to financials. My divs are about 50% of retirement income with pension the rest. Only have taxable accounts. Divs have just about doubled since the 08/09 r...
by SQRT
19 Nov 2017 07:51
Forum: Financial Planning and Building Portfolios
Topic: My experience with TD Cross Border Account
Replies: 67
Views: 13666

Re: My experience with TD Cross Border Account

Keep in mind this account has to be declared on T1135 if you have over 100k cad in global assets. This means converting to CAD currency, finding out maximum yearly balance and year-end balance. Perhaps worth the extra work or maybe the 2.5% forex savings is not worth it if you need an accountant or...
by SQRT
16 Nov 2017 08:08
Forum: Financial Planning and Building Portfolios
Topic: Borrowing on margin
Replies: 25
Views: 925

Re: Borrowing on margin

Hmmm not sure why anyone would want a million in debt think I'd rather have the ability to borrow a million but not need to. Isn't that the cut off point where we change who's problem it is? If you owe the bank less than a million and can't pay, it is your problem. If you owe the bank more than a m...
by SQRT
13 Nov 2017 11:23
Forum: Financial Planning and Building Portfolios
Topic: Borrowing on margin
Replies: 25
Views: 925

Re: Borrowing on margin

Thanks SQRT for sharing your experience. I will re-run the numbers at this level of collapse to see how much of a margin call I'd have to make. I will assume that it will eventually recover but that I'd need to have cash available to weather the storm and how much it would cost in terms of cash flo...
by SQRT
13 Nov 2017 10:25
Forum: Retirement, Pensions and Peace of Mind
Topic: RIF income on my budget spreadsheet goes where?
Replies: 3
Views: 219

Re: RIF income on my budget spreadsheet goes where?

A budget is really a cash flow statement, so RIF income is revenue, while ultimately the tax owing from the withdrawal is expense. You are getting that confused with a balance sheet, i.e assets and liabilities, or an income statement. Absolutely. I have a line on my budget spreadsheet that is title...
by SQRT
13 Nov 2017 10:05
Forum: Financial Planning and Building Portfolios
Topic: Borrowing on margin
Replies: 25
Views: 925

Re: Borrowing on margin

Your plan would probably work fine. I did something similar while I was working. But rather than buy a broad etf, I bought my employer (big bank) stock. At the peak my margin loan was mid seven figures. Over time the divs increased quite a bit higher than the interest cost on the margin loan and hel...
by SQRT
05 Nov 2017 08:50
Forum: Under the Mattress: Protecting Your Money
Topic: Equifax credit score dropped for no apparent reason
Replies: 19
Views: 593

Re: Equifax credit score dropped for no apparent reason

I have a RBC Westjet MC so I just tried the credit score feature. Works fine. 887. The US based score I get from AMEX is much lower, around 820. Makes no difference to me.
by SQRT
03 Nov 2017 11:42
Forum: Taxing Situations
Topic: Would it be wise to take capital gains in this situation?
Replies: 12
Views: 439

Re: Would it be wise to take capital gains in this situation?

adrian2 wrote:
02 Nov 2017 18:50

Take them now if you have capital gains to neutralize. Do not create capital gains just for sake of "using" the past losses!
Agree as well.