Search found 2741 matches

by NormR
12 Aug 2016 15:13
Forum: Financial News, Policy and Economics
Topic: Clippings 2016
Replies: 189
Views: 14062

Re: Clippings 2016

To tell the truth, I much prefer our Finiki's Variable Percentage Withdrawal (VPW). It is almost as simple as age divided by 20, but way more reasonable. I think most people here are capable of understanding more complicated - and likely more accurate - methods. :) Btw, I got the article from Moshe...
by NormR
01 Aug 2016 18:12
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 124
Views: 9735

Re: "Hot Potato" anyone??

What I question is how the backtesting can be correct considering that the articles are doing testing on products that didn't exist. The SPYDR didn't exist until 1993, and international funds didn't exist until 2005, so it seems rather pointless to use datapoints that start in 1980. The indexes exi...
by NormR
01 Aug 2016 12:05
Forum: Financial Planning and Building Portfolios
Topic: Passive Investing
Replies: 72
Views: 2956

Re: Passive Investing

The primary way I deal with it is by including bonds in my portfolio. They are an excellent portfolio ballast and they dampen the volatility of stocks. According to The Stingy Investor Asset Mixer , from 1961 to 2015 (a period of 55 years), a 100% Canadian stocks portfolio returned 9.327% with a st...
by NormR
31 Jul 2016 21:37
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: "Hot Potato" anyone??
Replies: 124
Views: 9735

Re: "Hot Potato" anyone??

The Hot Potato approach isn’t for everyone and should only be attempted by aggressive, seasoned investors. New investors should stick with the more conventional Couch Potato method, which encourages long holding periods. As always, for the best outcome, know your inner investor. Some people can han...
by NormR
30 Jul 2016 19:50
Forum: Financial Planning and Building Portfolios
Topic: Newbie Canadian Dividend Portfolio
Replies: 64
Views: 2312

Re: Newbie Canadian Dividend Portfolio

It would be interesting, to me anyway, that if someone had good back-testing capabilities to see how Canadian stocks with an SPP & OCP & a discount performed* over the long term against the TSX index. Do these three or even two of the three have any predictive power? I don't know of a back tester w...
by NormR
30 Jul 2016 14:58
Forum: Financial Planning and Building Portfolios
Topic: Newbie Canadian Dividend Portfolio
Replies: 64
Views: 2312

Re: Newbie Canadian Dividend Portfolio

if you must stock pick Dogs is good, Norms safer dogs may be even better which may be just the same as what "shakespeare" and "somac" said. The safer list is over at MoneySense. Here's the latest , just scroll down the page a bit. The stocks are: National Bank (NA), CIBC (CM), Shaw (SJR.B), Bank of...
by NormR
24 May 2016 16:53
Forum: Financial Planning and Building Portfolios
Topic: Investment Style - Cdn Equity Portfolio
Replies: 28
Views: 1142

Re: Investment Style - Cdn Equity Portfolio

Equally weighted indexes tend to perform better than market cap weighted ones over the long term. But funds that follow them tend to do too much trading, in my view, because they rebalance frequently. Going roughly equally weighted with lazy/no rebalancing seems like a good option to me. For instanc...
by NormR
22 Feb 2016 23:27
Forum: Financial News, Policy and Economics
Topic: Federal budget 2016
Replies: 39
Views: 2006

Re: Federal budget 2016

Of course if the young docs head south as a result waiting lists will get even longer than they are already so even 75 year old retired docs like myself may have to re-enter the workforce! i guess it's nice to be needed! Well, the Bank of Canada's Loonie policy will likely prompt more brain drain o...
by NormR
20 Feb 2016 14:06
Forum: Financial Planning and Building Portfolios
Topic: Home bias risk doesn't show in the data
Replies: 25
Views: 1246

Re: Home bias risk doesn't show in the data

JohnnyFactor wrote:OP here. My chart doesn't include compounding or dividends, just straight up Y-Y returns.
FYI, the data at http://www.ndir.com/cgi-bin/PeriodicTab ... eturns.cgi includes dividend reinvestment. i.e. total returns rather than capital gains.
by NormR
18 Feb 2016 11:51
Forum: Financial Planning and Building Portfolios
Topic: Home bias risk doesn't show in the data
Replies: 25
Views: 1246

Re: Home bias risk doesn't show in the data

For the long term, take a look at the CS Yearbook http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=AE3E00B9-91E2-D1FA-6C18765D3A968D73 You'll notice that the Canadian stock market has been one of the best gainers. But who's to say we won't turn into an Italy or worse over the...
by NormR
17 Feb 2016 13:20
Forum: Financial Planning and Building Portfolios
Topic: Asset Allocation 2016
Replies: 73
Views: 3503

Re: Asset Allocation 2016

It's interesting to look at extreme cases because they can be quite enlightening. Following them is a different matter, of course. When back testing, it's wise to give a thought about tax consequences. There may well be a very large after-tax return advantage for stocks - depending on the circumstan...
by NormR
17 Feb 2016 09:14
Forum: Financial Planning and Building Portfolios
Topic: Asset Allocation 2016
Replies: 73
Views: 3503

Re: Asset Allocation 2016

ISTM that the 90% stocks / 10% cash thing depends rather critically on the amount of money involved. Let's say it's on a $100 million portfolio. (I expect the portfolio Buffett is talking about is quite big - perhaps more than 10 times as large.) $10 million in cash is likely to cover the needs of a...
by NormR
16 Feb 2016 20:26
Forum: Financial Planning and Building Portfolios
Topic: Asset Allocation 2016
Replies: 73
Views: 3503

Re: Asset Allocation 2016

I vaguely recall saying something of this sort here a few years ago, i.e. running a barbell portfolio, and you being quite critical of it. Even more vaguely, I recall that your critique was based on the low volatility (or perhaps high volatility) anomaly. Have you changed your mind? Sorry I don't r...
by NormR
01 Feb 2016 13:17
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Stock/Bond/Index/Fundamental/Asset Class/Quotes - Sources
Replies: 468
Views: 85663

Re: Stock/Bond/Index/Fundamental/Asset Class/Quotes - Sources

2015 nominal total returns have been added to my spreadsheet(s) at http://libra-investments.com/re01.htm. Real returns will be updated once StatsCan publishes the Dec 2015 CPI level. My Asset Mixer and Periodic Table have been updated to reflect Norbert's new nominal return data for 2015. 8) Thanks...
by NormR
05 Jan 2016 14:10
Forum: Retirement, Pensions and Peace of Mind
Topic: The Plight of the Y2K Retiree
Replies: 89
Views: 8803

Re: The Plight of the Y2K Retiree

Can we get a version of the graph with a 1% annual management fee and another with a 2% annual fee? :)
by NormR
05 Jan 2016 10:33
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Stock/Bond/Index/Fundamental/Asset Class/Quotes - Sources
Replies: 468
Views: 85663

Re: Stock/Bond/Index/Fundamental/Asset Class/Quotes - Sources

Norbert Schlenker wrote:2015 nominal total returns have been added to my spreadsheet(s) at http://libra-investments.com/re01.htm. Real returns will be updated once StatsCan publishes the Dec 2015 CPI level.
My Asset Mixer and Periodic Table have been updated to reflect Norbert's new nominal return data for 2015. 8)
by NormR
03 Jan 2016 17:12
Forum: Financial Planning and Building Portfolios
Topic: Philosophy of dividend investing?
Replies: 354
Views: 16623

Re: Philosophy of dividend investing?

A little fun for the new year :-)

Can you pick the best of the Dogs for 2016?
Let’s start the New Year with a friendly stock-picking contest. The idea is to build a fantasy portfolio using the 10 Canadian dividend paying stocks in this week’s Safer Dogs of the TSX list.
by NormR
23 Dec 2015 15:30
Forum: Financial News, Policy and Economics
Topic: Best Articles and Books for 2015
Replies: 10
Views: 1052

Best Articles and Books for 2015

I enjoyed reading this year's Jealousy List 2015 from Bloomberg of articles they wished they had published.

http://www.bloomberg.com/features/2015-jealousy-list/

Which articles and books would be on your list? (They don't have to be business related.)
by NormR
25 Oct 2015 10:17
Forum: Financial Planning and Building Portfolios
Topic: Actively managed funds don't beat the market, so why do you think you can?
Replies: 47
Views: 2147

Re: Actively managed funds don't beat the market, so why do you think you can?

I might impishly point out that index funds trail the market, why do you think you can match the market? Pay heed to Bogle's "costs matter hypothesis". All too many index funds charge high fees and the situation is even worse when it comes to other types of funds. For instance, 1% MERs aren't uncomm...
by NormR
17 Jul 2015 12:50
Forum: Financial News, Policy and Economics
Topic: High US Dollar
Replies: 59
Views: 5574

Re: High US Dollar

Shakespeare wrote:Be better on a log scale.
It was a quick back-of-the-envelope type graph designed to show the recent pattern to people who don't think in log terms. So, for my purposes, it was the best choice. :)
by NormR
17 Jul 2015 12:48
Forum: Financial News, Policy and Economics
Topic: High US Dollar
Replies: 59
Views: 5574

Re: High US Dollar

pmj wrote:For reference, does this represent, for example, investing $1000/year over ## years?
No, it's a $1 initial investment, dividends reinvested, no fees/taxes.
by NormR
17 Jul 2015 12:05
Forum: Financial News, Policy and Economics
Topic: High US Dollar
Replies: 59
Views: 5574

Re: High US Dollar

I've been indoctrinated to believe that over long time horizons, differences in currencies ironed itself out and that hedging was a waste of effort and money. If this is true, I'm not sure there's any point for me to diversify across various currencies. However, having said that, I was also brainwa...
by NormR
02 Jul 2015 14:11
Forum: Retirement, Pensions and Peace of Mind
Topic: How Much is Enough 2015
Replies: 168
Views: 14577

Re: How Much is Enough 2015

BRIAN5000 wrote:May be behind firewall http://www.moneysense.ca/retire/canadia ... 0-a-month/
IIRC, the "private browsing" trick still works just fine. But think about subscribing while you're there. :)
by NormR
24 Jun 2015 22:43
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Value investing is a mistake
Replies: 46
Views: 3303

Re: Value investing is a mistake

If someone don't like VI it is his/her choice, no method is 100% correct, but saying value investors are wrong and put judgments ... that sound always like the same old tune :roll: I'm also a value investor and done very well by it over the years. Since it's all too easy to fall victim to confirmat...