Search found 1056 matches

by hamor
26 Mar 2024 07:10
Forum: Financial Planning and Building Portfolios
Topic: Daughter’s LIRA?
Replies: 11
Views: 250

Re: Daughter’s LIRA?

I was in a similar situation in 2008.
I left a job, the pension estimate was some peanuts in 25 years...not indexed to inflation, so I took the money 20K and put all of it in S&P500 ETF.
It went down quite a bit in 2009, but since then, needless to say, it's done well. I didn't touch it and now 16 years later it's at 126K (me thinks).
Probably my best investment to balance off investments that didn't do anything good in the same period (EAFE) :lol:
by hamor
24 Mar 2024 06:31
Forum: Under the Mattress: Protecting Your Money
Topic: Best Credit Card (2021 - 2025)
Replies: 515
Views: 33158

Re: Best Credit Card (2021 - 2025)

queerasmoi wrote: 23 Mar 2024 01:02 LOL here I am with my Rogers WE thinking "well yeah the benefits would be great if I am a Rogers customer but I actually *like* having no Rogers services in my life right now and don't strongly want to change that"...
As much as I hate the big 3, I end up with their services... I presently have mobiles with Fido and internet with Bell.
I was with Zoomer wireless, Rogers bought it and killed it.
I've done the song and dance with smaller providers, and trying to use tech (data only) to lower my bills, but that doesn't work very well for me.
by hamor
17 Mar 2024 20:25
Forum: Community Centre
Topic: Canadian Universities Finances
Replies: 11
Views: 617

Re: Canadian Universities Finances

We're getting into politics here, me thinks. I have strong opinions on the subject, so I better abstain.
by hamor
17 Mar 2024 07:10
Forum: Community Centre
Topic: Canadian Universities Finances
Replies: 11
Views: 617

Re: Canadian Universities Finances

Y'all missing something, the international student cap is at a level that would seems astronomically high only a few years ago. However, it mostly applies to 'fake' students (people using student visa as another form of immigration). My son is in Waterloo (UW), their numbers didn't change much, however Conestoga college (also in Waterloo), the absolute leader in international student enrollment is now at 30K compared to 6K in 2018 https://www.cbc.ca/news/canada/toronto/international-student-study-permits-data-1.7125827 So basically the cap has very little to do with good schools or their budget issues. Clason makes some good points. The cost of running must be the issue. Also 500K salary for uni president seems high. Associate profs making ...
by hamor
11 Mar 2024 14:49
Forum: Financial Planning and Building Portfolios
Topic: Help Me Work Through This (Early) Retirement Plan
Replies: 188
Views: 90803

Re: Help Me Work Through This (Early) Retirement Plan

I figured, I don't want to retire now, I simply can spend more time doing things I want.
I might take longer breaks between contracts.
Don't forget to report from the Nationals and good luck! :)
by hamor
08 Mar 2024 10:38
Forum: Community Centre
Topic: Day hikes in the Canadian Rockies
Replies: 19
Views: 607

Re: Day hikes in the Canadian Rockies

formerpatriot wrote: 08 Mar 2024 08:56 a trip to Newfoundland,
Go for it. I've been some 18 ya, to Gros Morne, backpacked the Long Range Traverse.
I want to go again, planning it all the time, but my son (misguided youth) prefers more 'popular' places.
NL is awesome and under travelled. A good friend lives in the middle of nowhere on the east side.
Consider hiking sections of East Coast Trail. July is the best weather.


by hamor
08 Mar 2024 10:34
Forum: Community Centre
Topic: Day hikes in the Canadian Rockies
Replies: 19
Views: 607

Re: Day hikes in the Canadian Rockies

formerpatriot wrote: 08 Mar 2024 08:56 a trip to Newfoundland,
Go for it. I've been some 18 ya, to Gros Morne, backpacked the Long Range Traverse.
I want to go again, planning it all the time, but my son (misguided youth) prefers more 'popular' places.
NL is awesome and under travelled. A good friend lives in the middle of nowhere on the east side.
Consider hiking sections of East Coast Trail. July is the best weather.
by hamor
05 Mar 2024 18:33
Forum: Retirement, Pensions and Peace of Mind
Topic: April 1st, 2025 [planned retirement date]
Replies: 69
Views: 12344

Re: April 1st, 2025 [planned retirement date]

Thanks for the update, I love a person capable of changing their mind, good for you and good luck!
I wish I were there listening to the waves with you 8)
by hamor
03 Mar 2024 07:47
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TD Advanced Dashboard
Replies: 2
Views: 360

Re: TD Advanced Dashboard

I tried it, don't use it. It's for more active traders, different interface, more info on the screen etc.
I don't recall if it provides L2 quotes.
I recall comments about it before, you may want to search...
by hamor
02 Mar 2024 16:50
Forum: Community Centre
Topic: travel to BC end of April?
Replies: 7
Views: 542

Re: travel to BC end of April?

thanks all :)
by hamor
01 Mar 2024 21:09
Forum: Community Centre
Topic: travel to BC end of April?
Replies: 7
Views: 542

travel to BC end of April?

Hi all,

I am wondering where to go for about a week in the end of April for a vacation.
Some hiking would be great. That's for 2 adults travelling from ON.

Presently debating between Calgary/Banff, may be catch some end of season skiing and hiking on mostly snow covered trails.
vs
BC - fly to Vancouver (I am not really interested in the city) - where to go what to do? Vancouver island?

I am not a fun of crowded places.
I was thinking about going to AZ and Utah to visit the parks there, but the crowds and reservation systems put me off.

Thanks
by hamor
25 Feb 2024 09:38
Forum: Financial Planning and Building Portfolios
Topic: VBAL for CCPC account
Replies: 7
Views: 1107

Re: VBAL for CCPC account

There are other threads on this here.

In my CCPC, which is young and smallish, but is not expected to last long (at least, that's the plan), I invest in Can Divs ETF and Can pref shares ETF.
I balance this by investing in mostly ex-Canada equities in my personal accounts and Canadian FI in RSP.
This way I maintain my FI/Eq ratio, as well, as minimize/control exposure to Canadian equities.
by hamor
25 Feb 2024 09:32
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Frothy Equity Markets
Replies: 1395
Views: 155882

Re: Frothy Equity Markets

I try to avoid this (and similar) threads, like the person on a diet avoids bakery :rofl:
If I don't I just might do something I'll regret :oops:
by hamor
24 Feb 2024 06:59
Forum: Under the Mattress: Protecting Your Money
Topic: Bribes from Discount Brokers
Replies: 301
Views: 24264

Re: Bribes from Discount Brokers

What's the easiest way to transfer 25K from another bank?
Thanks
by hamor
23 Feb 2024 13:42
Forum: Retirement, Pensions and Peace of Mind
Topic: Decumulation? Really?
Replies: 94
Views: 5662

Re: Decumulation? Really?

Bylo Selhi wrote: 23 Feb 2024 08:24
hamor wrote: 23 Feb 2024 07:00 Oh, 'the good problem to have' no wonder every later generation hates boomers
Huh? Not all boomers are fortunate enough to have this problem. Many have the opposite problem, depending on others, from Ottawa to their kids, to stay solvent.
To clarify - my comment was made in jest, but every joke...
I am not willing to write a book on the subject, but I firmly believe that the youth of today is in much worse shape economically, compared to boomers' youth (in Canada). An entry level job today (if you can find it) doesn't pay for basic necessities.
by hamor
23 Feb 2024 07:00
Forum: Retirement, Pensions and Peace of Mind
Topic: Decumulation? Really?
Replies: 94
Views: 5662

Re: Decumulation? Really?

Oh, 'the good problem to have' :rofl: no wonder every later generation hates boomers :twisted:
and we found the ultimate lurker - Joan 11 posts in 11 years!
by hamor
17 Feb 2024 19:20
Forum: Under the Mattress: Protecting Your Money
Topic: How reliable are prenups in Ontario?
Replies: 31
Views: 1749

Re: How reliable are prenups in Ontario?

Koogie wrote: 17 Feb 2024 01:47 that first post is FULL of red flags
Serious question - what red flags?

(This is getting interesting. BTW, I am married for 34 years, but a couple of my friends went through the family court grinder, one is still in the grinder)
by hamor
17 Feb 2024 19:11
Forum: Under the Mattress: Protecting Your Money
Topic: How reliable are prenups in Ontario?
Replies: 31
Views: 1749

Re: How reliable are prenups in Ontario?

HardWorker wrote: 16 Feb 2024 08:14 Everyone hears the stock market is risky, starting a business is very risky, but no one ever mentions the biggest risk by far can be the person you sleep next to.
Brilliant! So true.
The question came up recently on HENRY subreddit (high earners not rich yet)
- What are you most afraid of?
- Bad marriage!

On divorce

favourite quote from the lawyer on a trophy wife divorcing hedge fund manager and getting 25M
"What did she do? She f..cked him. I'd f.ck him for 25M!"
by hamor
17 Feb 2024 19:03
Forum: Financial Planning and Building Portfolios
Topic: Retirement Income Style Awareness (RISA)
Replies: 28
Views: 2076

Re: Retirement Income Style Awareness (RISA)

Re Finiki update - I'd mention RRB (and TIPS?) in there somewhere.
Even the PDF someone posted mentions Merton and inflation protected ladder of government bonds.
by hamor
15 Feb 2024 07:45
Forum: Financial News, Policy and Economics
Topic: Inflation
Replies: 1010
Views: 155688

Re: Inflation

OT, I guess. Tesla's had a very high short interest for a while, so there's a lot of 'active' players out there.
I have no numbers for market shares, but I also guess, institutional investors are mostly 'active' (I do not mean university endowments here, but the 'players').
by hamor
07 Feb 2024 20:16
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: How long should your bond ladder be now?
Replies: 10
Views: 1146

Re: How long should your bond ladder be now?

marcharry wrote: 05 Feb 2024 09:10 Just wondering if anyone else has wrestled with this and how.
I did and I do. As I approach retirement, at least as a theoretical possibility, and as I continue to learn:
60/40 doesn't cut it for everyone
I prefer safe approach to a probabilistic one (I do have 10 years of min expenses in RRB and cash now).
by hamor
03 Feb 2024 16:24
Forum: Taxing Situations
Topic: Investment income in a CCPC
Replies: 1102
Views: 152220

Re: Investment income in a CCPC

^Thanks, not worth it then :)
by hamor
03 Feb 2024 13:48
Forum: Taxing Situations
Topic: Investment income in a CCPC
Replies: 1102
Views: 152220

Re: Investment income in a CCPC

Let's say I keep a cash reserve in the corporation, invested in HISA.
Were I to take out a shareholder loan, I could invest this money outside of the corp in the same HISA and pay less tax, assuming my personal MTR is lower than CCPC tax on interest. Anything wrong with this move?
by hamor
02 Feb 2024 07:26
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Frothy Equity Markets
Replies: 1395
Views: 155882

Re: Frothy Equity Markets

ghariton wrote: 01 Feb 2024 20:31 price is eleven times ACB
Respect, I need to learn from you how to lie down :)