I think this is the first time I have seen this I always thought if you have $125k of DYN6000 at BNS and $100k of DYN6000 held anywhere else you would only have $100k coverage.Further still, each brokerage creates a separate trust with the issuer, so you could have $100,000 of DYN6000 in iTrade, and another $100,000 of DYN6000 at some other brokerage, and those are two separate $100,000 pots of insurance. I think iTrade and Scotia McLeod are both just divisions of Scotia's brokerage arm, though, so the ISA/trust stuff would be combined as if they are one broker. So for your example, $100K of DYN6000 in a nonreg account at Scotiabank is covered, and $100K combined in nonreg iTrade/McLeod accounts.
Search found 8655 matches
- 30 Jan 2024 04:11
- Forum: Under the Mattress: Protecting Your Money
- Topic: CDIC Insurance
- Replies: 4
- Views: 514
Re: CDIC Insurance
- 29 Jan 2024 13:52
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: Canadians are bananas for not embracing index funds
- Replies: 26
- Views: 2221
Re: Canadians are bananas for not embracing index funds
Lots of if/buts and ands, and maybe for bad reasons I have decided to keep my CAD & US dividend portfolios running. Specifically thinking of the Canadian side at least anecdotally I have a chance of at least equaling the TSX60 maybe even doing way better. I'll even take half of what Portfolio Visualizer is predicting, more dollars, less volatility, lower drawdowns. It appears to me 5 and even 10 year returns aren't worth the trouble. It's not until you get out to the 20 year mark the dividend compounding seems to make a difference by then there is so much capital gains built up that's a problem.
- 28 Jan 2024 14:54
- Forum: Financial Planning and Building Portfolios
- Topic: Seeking Your Critique & Advice (550K Portfolio)
- Replies: 4
- Views: 936
Re: Seeking Your Critique & Advice (550K Portfolio)
What does the Sector Allocation of your individual stocks look like?
- 28 Jan 2024 05:01
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: Power of Dividend Growth, 2023 (and beyond)
- Replies: 85
- Views: 7695
Re: Power of Dividend Growth, 2023 (and beyond)
Conclusions Dividend investing is indeed evidence-based, but it’s slightly more complicated than index investing with a few important trade-offs to be aware of. For those who want to keep things simple and avoid the extra work and complexity that goes along with purchasing individual stocks, a low-fee index-ETF approach is a great way to invest. I recommend it all the time, especially for people without large amounts of money to invest or significant comfort and experience with investing. But the data is clear: dividend-paying stocks have offered higher returns and lower volatility than non-payers in many different market conditions. For Canadian investors, Beating the TSX has proven to be a simple and effective tool for building a portfol...
- 26 Jan 2024 02:43
- Forum: Community Centre
- Topic: Electric Cars
- Replies: 601
- Views: 39602
Re: Electric Cars
Saw one in BC Monday night didn’t know what it was.
- 25 Jan 2024 20:47
- Forum: Financial Planning and Building Portfolios
- Topic: Retirement Income Style Awareness (RISA)
- Replies: 28
- Views: 2076
Re: Retirement Income Style Awareness (RISA)
Your results were interesting Koogie
- 25 Jan 2024 20:41
- Forum: Financial Planning and Building Portfolios
- Topic: Retirement Income Style Awareness (RISA)
- Replies: 28
- Views: 2076
Re: Retirement Income Style Awareness (RISA)
From my RISA
- 24 Jan 2024 23:48
- Forum: Community Centre
- Topic: Sleep Apnea, CPAP machines
- Replies: 27
- Views: 2378
Re: Sleep Apnea, CPAP machines
I ended up with an Airsense 11 latest and greatest.
- 24 Jan 2024 15:54
- Forum: Financial Planning and Building Portfolios
- Topic: Basic Stock Portfolio Building (Individual Stocks)
- Replies: 48
- Views: 4623
Re: Basic Stock Portfolio Building (Individual Stocks)
Oh crap I see the problem thanks for catching that
Note: The time period was constrained by the available data for Nutrien Ltd (NTR:CA) [Jan 2018 - Dec 2023].
Huh not sure I believe these numbers either. (Had to remove NTR for longer periods, replaced with 2.77% cash, and adjust to 2001 cause of SLF)
Note: The time period was constrained by the available data for Nutrien Ltd (NTR:CA) [Jan 2018 - Dec 2023].
Huh not sure I believe these numbers either. (Had to remove NTR for longer periods, replaced with 2.77% cash, and adjust to 2001 cause of SLF)
- 24 Jan 2024 15:15
- Forum: Financial Planning and Building Portfolios
- Topic: Basic Stock Portfolio Building (Individual Stocks)
- Replies: 48
- Views: 4623
Re: Basic Stock Portfolio Building (Individual Stocks)
That is output copied from Portfolio Visualizer. Your right something isn't right somewhere cause a 7.98% return on $10k over 23 years isn't $15855?Mudcrab wrote: ↑24 Jan 2024 14:54 hi, I'm not sure I'm reading it correctly, but is this spreadsheet assuming in part that the return from XIU from 2000-2023 (23 years) was only 58% (end balance 15,855)?
Quote Media only goes to 10 years but shows 62% for XIU over just those 10 years without taking dividends into account, and 121% with reinvested dividends.
The results are based on the total return of assets and assume that all received dividends and distributions are reinvested
- 24 Jan 2024 15:01
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: Microsoft (Symbol-MSFT) - whereto
- Replies: 244
- Views: 47760
Re: Microsoft (Symbol-MSFT) - whereto
We need Deaddog to show up.
PI what is the purpose of your portfolio or style if your top 10 is any clue it's pretty eclectic?
PI what is the purpose of your portfolio or style if your top 10 is any clue it's pretty eclectic?
- 23 Jan 2024 20:35
- Forum: Taxing Situations
- Topic: New T3 requirements for joint accounts [that might be bare trusts]
- Replies: 204
- Views: 44317
Re: New T3 requirements for joint accounts [that might be bare trusts]
I called as well supposingly directed to the trust department all she would do is give me a link to the FAQ on Bare Trusts (or that general section)
Useless, she said it was a self assessment
- 23 Jan 2024 18:03
- Forum: Financial Planning and Building Portfolios
- Topic: Basic Stock Portfolio Building (Individual Stocks)
- Replies: 48
- Views: 4623
Re: Basic Stock Portfolio Building (Individual Stocks)
Long term portfolio was supposed to be 25% less volatile and provide 25% more income then XIU and have a chance to out-perfom. Got one out of three correct according to Portfolio Visualizer. (also checked how an equal weight would have done)
- 22 Jan 2024 13:29
- Forum: Under the Mattress: Protecting Your Money
- Topic: High interest savings, GICs and MMFs (2024)
- Replies: 200
- Views: 16778
Re: High interest savings, GICs and MMFs (2024)
If you have free trades are these any good? Most likely mentioned before.
https://documents.purposeinvest.com/Doc ... -12-29.pdf
https://documents.purposeinvest.com/Doc ... -12-29.pdf
- 19 Jan 2024 19:56
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: WealthSimple Trade
- Replies: 73
- Views: 10311
Re: WealthSimple Trade
If I understand correctly WS will sell you fractional shares but
If you have $10k and want to buy as many BCE shares as you can you can't use a Limit order, it will buy fractional shares at xx.xxxx each?
If you use a limit order you can't buy fractional shares - Eg. you want to buy BCE at $55.99 you have to enter number of shares in a round number the decimal place is not there.
If you have $10k and want to buy as many BCE shares as you can you can't use a Limit order, it will buy fractional shares at xx.xxxx each?
If you use a limit order you can't buy fractional shares - Eg. you want to buy BCE at $55.99 you have to enter number of shares in a round number the decimal place is not there.
- 19 Jan 2024 16:28
- Forum: Taxing Situations
- Topic: New T3 requirements for joint accounts [that might be bare trusts]
- Replies: 204
- Views: 44317
Re: New T3 requirements for joint accounts [that might be bare trusts]
Who owns the assets that are in an "IN Trust" account? The person that is named? Does it depend on where the money came from?So.... (JTWROS) is not a bare trust.....where an ITF (An in-trust-for account is a convenient way for parents and grandparents to set aside funds for minor children) might be...
- 17 Jan 2024 14:54
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: What are your top holdings? (2013-2020 and counting)
- Replies: 261
- Views: 29979
- 17 Jan 2024 13:41
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: What are your top holdings? (2013-2020 and counting)
- Replies: 261
- Views: 29979
Re: What are your top holdings? (2013-2020 and counting)
What percentage are these top 10 of your equity or total portfolio?Microsoft
Stantec
Thomson Reuters
Stella-Jones
Metro
Alimentation Couche-Tard
Illinois Tool Works
CN Rail
Russell Metals
Styker
- 17 Jan 2024 11:33
- Forum: Under the Mattress: Protecting Your Money
- Topic: Bribes from Discount Brokers
- Replies: 301
- Views: 24263
Re: Bribes from Discount Brokers
You now have until January 31, 2024 to increase your investment potential with a 1% bonus on your transferred brokerage account. No limits. Terms apply.
Robinhood https://robinhood.com/us/en/
The bonus applies to eligible assets transferred from an external brokerage account into your Robinhood non-retirement brokerage account within the offer period, from October 23, 2023 to January 31, 2024. To keep the bonus, you must keep the money you transfer into Robinhood in your Robinhood individual brokerage account for at least 2 years.
Robinhood https://robinhood.com/us/en/
The bonus applies to eligible assets transferred from an external brokerage account into your Robinhood non-retirement brokerage account within the offer period, from October 23, 2023 to January 31, 2024. To keep the bonus, you must keep the money you transfer into Robinhood in your Robinhood individual brokerage account for at least 2 years.
- 16 Jan 2024 22:31
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: CCL Industries Inc. (Symbol CCL.B)
- Replies: 27
- Views: 2629
Re: CCL Industries Inc. (Symbol CCL.B)
He could just reread another thread and follow some of his own and others advice.
Stop scratching the itch to
You need to settle on a good enough plan, you don't need a perfect plan.
I'm going to take one more attempt to influence the direction you are taking. Apologies if it is a bit long-winded however I think there are key points for you to ponder.
scomac wrote: ↑Fri Nov 17, 2023 5:35 It's really, really hard to train oneself to do nothing...
The spreadsheet implies a limit of 25 holdings and therefore imply each holding should have a target allocation of 100/25 = 4%.
I don't think anything less than a 5% stock position is all that worthwhile. I see you have CM as a 1% position. Why bother.
- 16 Jan 2024 17:58
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: WealthSimple Trade
- Replies: 73
- Views: 10311
Re: WealthSimple Trade
A few annoying things about Wealthsimple - no print function from your account to print out holdings or a download - no Realtime account view of transactions, at least at the moment on new account, have to wait for January statement to see info - some stock info but not the actual dollar dividend amount - no back button in program to move from viewing individual stock back to portfolio but back button on chrome works :roll: - together with above if you go to help screen it doesn't open new screen and says Log-in making it seem like your logged out, but no a few Chrome back button clicks tales you back to live account. Haven't found time-out feature yet but none on iPad :evil: - no level II quotes but everyone new that I guess - looks like y...
- 16 Jan 2024 15:44
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: CCL Industries Inc. (Symbol CCL.B)
- Replies: 27
- Views: 2629
Re: CCL Industries Inc. (Symbol CCL.B)
Did you take a full position half position or other?Peculiar_Investor wrote: ↑16 Jan 2024 10:40That price was $56.07 and it was hit this morning.Peculiar_Investor wrote: ↑11 Jan 2024 12:27 I have a price in mind and have placed a limit order that provides an acceptable margin of safety for me and our portfolio.
- 15 Jan 2024 15:27
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: What and why did you Buy? What might you buy? (2024)
- Replies: 49
- Views: 6675
Re: What and why did you Buy? What might you buy? (2024)
SCHD seems to look pretty good any specific reason or reasons for your guys to choose that one? Looks like VTI or SPY are pretty competitive except for one year drawdown numbers are better for SCHD? Very seldom does SCHD beat VTI or SPY for total return on a chart. Investing for income in an RSP?
I wish I'd owned their top 10 for 15 or 20 years.- 13 Jan 2024 13:41
- Forum: Financial News, Policy and Economics
- Topic: Sitting in cash and GICs was the wrong move last year.
- Replies: 27
- Views: 2340
Re: Sitting in cash and GICs was the wrong move last year.
Not passing judgement either way didn't read article critically enough.The Article wrote:
“People got excited by what they thought was a guaranteed 5-per-cent return,” said Benjamin Felix, portfolio manager and head of research at PWL Capital. “But it wasn’t as compelling as they were imagining.”
The problem is that the yields investors were rejoicing were nominal, in that they didn’t factor in the erosive effects of inflation.
He was dead on with this one, I got excited and still am that I can double my nominal return from 2.5% to 5% or more. (some at 6%) not a change in asset allocation for me.
- 13 Jan 2024 10:17
- Forum: Financial News, Policy and Economics
- Topic: Sitting in cash and GICs was the wrong move last year.
- Replies: 27
- Views: 2340
Re: Sitting in cash and GICs was the wrong move last year.
I thought the Investment Reporter was toast, toasted, no longer in circulation. Is the advisory council still doing ad-hoc research/articles.