Search found 5673 matches

by ghariton
10 Jun 2005 10:17
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Stocks to Avoid
Replies: 38
Views: 10064

Anybody still holding Nortel?

George
by ghariton
10 Jun 2005 10:11
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Real Return Bonds
Replies: 1324
Views: 203478

Yield on the 2021 is down marginally to 1.64%, according to today's Globe and Mail. Some economists are suggesting that bond yields are not going up anyn time soon. Indeed, there may be further declines, according to Stephen King, chief economist at HSBC and Stephen Roach at Morgan Stanley. I'm not ...
by ghariton
08 Jun 2005 15:55
Forum: Retirement, Pensions and Peace of Mind
Topic: Annuities
Replies: 19
Views: 2107

money Geek, Inflation for a pensioner is not an issue, in fact Inflation for a Retired person is welcome. the Index that is used to create the % of Inflation consists of items that a Retired person makes very little use of. No Mortgage, No Car Payments etc, consumption of food will probably be less...
by ghariton
08 Jun 2005 13:45
Forum: Financial Planning and Building Portfolios
Topic: Markets in Unusual Items
Replies: 5
Views: 1113

Re: Markets in Unusual Items

People in low brackets could sell their room to people in high brackets for some figure in between the two marginal rates. CRA would have to be involved, for which they could charge a small commission. Everyone ends up better off. Actually, that's inefficient. There would be transaction costs as th...
by ghariton
06 Jun 2005 23:46
Forum: Financial News, Policy and Economics
Topic: Worth reading
Replies: 668
Views: 268307

There are no hard-and-fast rules in markets (as opposed to science) -- just relationships that are constantly changing.
Is that just another way to say that there is a lot more randomness out there than we believe? :)

George
by ghariton
05 Jun 2005 20:36
Forum: Financial News, Policy and Economics
Topic: Worth reading
Replies: 668
Views: 268307

From the authors of Freakonomics, in today's New York Times : But in a clean and spacious laboratory at Yale-New Haven Hospital, seven capuchin monkeys have been taught to use money, and a comparison of capuchin behavior and human behavior will either surprise you very much or not at all, depending ...
by ghariton
01 Jun 2005 16:14
Forum: Financial Planning and Building Portfolios
Topic: The unspoken cigarette metaphor
Replies: 26
Views: 8433

I would wonder what good an index is when it has Nortel taking up one third of the complete index capitalization. Score one for active management. Several posters have made the point that the Canadian equities market is too small for a true indexing approach. That's why, as a confirmed and invetera...
by ghariton
29 May 2005 14:11
Forum: Financial News, Policy and Economics
Topic: Goodbye, bait-and-switch. Hello, ‘shrouding’
Replies: 11
Views: 1885

some companies go to great lengths to "shroud" the price of "convenience" in fine print that even a mouse would have trouble reading Yes. If there is something important or unusual in that fine print (e.g. for a car, "brakes extra"), that is misrepresentation. So how do I join your lawsuit against ...
by ghariton
28 May 2005 23:58
Forum: Financial News, Policy and Economics
Topic: Goodbye, bait-and-switch. Hello, ‘shrouding’
Replies: 11
Views: 1885

If you want a convenience expect to pay for it! Exactly. I have little sympathy for consumers who find it inconvenient to save on price, or who can't be bothered to do comparison shopping. I do have considerable sympathy, and tend to lean toward court action, if the vendor deliberately misled or su...
by ghariton
25 May 2005 09:27
Forum: Financial Planning and Building Portfolios
Topic: The Inflation Protection You Can't Get
Replies: 29
Views: 14165

I haven't looked at index annuity products in Canada in a couple of years. I would be grateful if someone were to save me time by giving me a lead to the products that are currently out there, and, if available, the annual charges.

(Just updating my long-run planning.)

George
by ghariton
17 May 2005 21:57
Forum: Financial Planning and Building Portfolios
Topic: 50 ways to lose your broker
Replies: 8
Views: 1149

I understand that the standard forecast is that markets will go up, unless of course the go down, except that they just might move sideways. ,We can, of course, be more precise. The markets may go up until they hit the resistance level at X. At that point, if they move higher, that is a good sign th...
by ghariton
17 May 2005 15:55
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Real Return Bonds
Replies: 1324
Views: 203478

A recurrent topic connected to RRBs is whether seniors experience an inflation rate that is different from the average for the population as a whole. Here is a brand new research report from Statistics Canada that examines the question. For Canada as a whole, the CPI tracked seniors' inflation very ...
by ghariton
17 May 2005 10:13
Forum: Taxing Situations
Topic: Dividend tax credits
Replies: 46
Views: 7780

Dividend tax credits and tuition expense carryforwards

I keep learning the hard way. Suppose you set up your own private corporation, with different classes of shares for each adult child. You figure that you can pay out dividends to those kids still at university. After all the dividend tax credit will wipe out any tax payable (except in Ontario, of co...
by ghariton
17 May 2005 09:08
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Real Return Bonds
Replies: 1324
Views: 203478

Feeonly.ca wrote: Trust your tools people. ... Market timing with RRB's would likely just cause an unnecessary error.
You've talked me into it. :wink:

George
by ghariton
16 May 2005 13:44
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Real Return Bonds
Replies: 1324
Views: 203478

Today's G & M shows the yield on the 2021 RRB to be 1.69%, and all maturities are under 2%. What gives? Is 1% on the horizon? Or is 3% more likely? More importantly, what do I do with the interest payments on June 1? The long-term plan is to keep buying RRBs, but at these yields? I'm getting cold fe...
by ghariton
08 May 2005 01:43
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: MTS Allstream (Manitoba Telecom) (Symbol-MBT)
Replies: 237
Views: 40368

They didn't slash dividends, so i'd say it is ok for now I'm confused. Isn't a dividend payout ratio of more than 100% a no-no? As for cash flows, I have the greatest respect for the information they provide. But the telecommunications industry, in recent years, has been characterized by years of u...
by ghariton
28 Apr 2005 15:30
Forum: Financial Planning and Building Portfolios
Topic: Investment Book Recommendations
Replies: 22
Views: 2829

I have found that most of the elementary books are repetitive, and most of the advanced books are not very insightful. I would read one or two of the elementary books. My preference would be for Burton Malkiel, A Random Walk Down Wall Street, already listed by Dagan above, but others will do. (Stay ...
by ghariton
28 Apr 2005 00:49
Forum: Financial News, Policy and Economics
Topic: why won't America honestly start to balance it's budget?
Replies: 7
Views: 1123

Re: why won't America honestly start to balance it's budget?

..this is starting to drive me nuts. There "attempts" at stopping the bleeding are nothing but smoke and mirrors and things are just getting worse. Financially, it could really hurt us up here in Canada. I have an idea. Let's join the United States. Then we could bring pressure to bear thrugh our C...
by ghariton
27 Apr 2005 22:06
Forum: Now Hear This!
Topic: Those Wacky Sales Taxes
Replies: 6
Views: 813

I remember a promotion by Quaker Oats some time in the late 1950s. In each box of cereal they included a deed to one square inch of land in Yukon, in the fabled (and played out) gold fields. It turned out, some years later, that the couple of acres they had subdivided actually still had fairly rich ...
by ghariton
25 Apr 2005 13:45
Forum: Financial Planning and Building Portfolios
Topic: End Age Discrimination
Replies: 6
Views: 647

Ahem! How can you justify abolishing discrimination based on certain criteria, yet merrily go on tolerating it based on other criteria? I am of course referring to full rights for dogs. We abolished slavery in the nineteenth century, we gave women the vote in the twentieth century, yet we heedlessly...
by ghariton
21 Apr 2005 12:24
Forum: Financial News, Policy and Economics
Topic: Inflation Watch
Replies: 534
Views: 67291

So here's a question for George as our methodological expert in CPI. When this happened, a lot of provinces upped their sales taxes to cover medicare costs. Are sales tax changes tracked in the CPI? If not, isn't that a methodological error? CPI includes indirect taxes, i.e. sales taxes, excise tax...
by ghariton
21 Apr 2005 10:47
Forum: Financial News, Policy and Economics
Topic: Inflation Watch
Replies: 534
Views: 67291

Thank you for the link, Shakespeare. Maybe it should be cross-posted to a RRB thread.

George
by ghariton
21 Apr 2005 09:46
Forum: Financial Planning and Building Portfolios
Topic: Conditions of Bankruptcy
Replies: 7
Views: 2310

Back in Roman times, if you went bankrupt, your creditors could take physical possession of you. You then had 60 days to pay, or be declared a slave. The creditors could then do anything they wanted. But if they killed you off, say, they had to share out the body parts. Most bankrupts used the 60 da...
by ghariton
21 Apr 2005 09:40
Forum: Financial News, Policy and Economics
Topic: Inflation Watch
Replies: 534
Views: 67291

The current unsustainable US economic picture and logic tell me that things will end badly. Problem is that I don't know when or how this will happen or what I should do about it. Thus I'm simply watching with apprehension, doing nothing - with thumb firmly in mouth. :wink: Yes. Reminds me of the t...
by ghariton
21 Apr 2005 01:12
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Stock Screeners
Replies: 59
Views: 9852

NormR wrote:What stocks are you selling these days?  I'm looking for another 300% gainer :D
I just sold some QQQQ to pay for some tuition this fall. Fill yer boots.

George