Search found 4148 matches

by newguy
14 Mar 2015 22:29
Forum: Taxing Situations
Topic: Tax implications of futures trading
Replies: 42
Views: 8430

Re: Tax implications of futures trading

I used to think that in a taxable account, a margin loan from IB was the most cost efficient source of leverage. But futures may give margin loans a run for the money. And futures often require a smaller margin deposit; the emini looks like it has a margin deposit of around 6%. For a margin loan on...
by newguy
08 Mar 2015 16:44
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETF Purchases
Replies: 15
Views: 761

Re: ETF Purchases

If I want to change quantity, I have to first Cancel what remains in place and enter a new Order (at a new commission of course). At TDW, you can decrease the quantity, but not increase it. That's allowed by the exchange with no change in order priority. If you want to increase it or change the pri...
by newguy
08 Mar 2015 11:31
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: ETF Purchases
Replies: 15
Views: 761

Re: ETF Purchases

IB fills show up on the screen in real time. Someone wasn't paying attention. No they don't. They show up after your latency and processing time after they get reported from the exchange to IB. There's no way to avoid double fills in some circumstances. Anyone had this happen: you submit your limit...
by newguy
07 Mar 2015 17:19
Forum: Financial News, Policy and Economics
Topic: Deflation - what risks does it pose to investors?
Replies: 32
Views: 2889

Re: Deflation - what risks does it pose to investors?

FuzzyLogix wrote:Deflation is the death of a debt based monetary system.
Good, we need a new system.
So for investors, deflation means
My bonds will do well.

newguy
by newguy
07 Mar 2015 14:49
Forum: Financial Planning and Building Portfolios
Topic: Portfolio Margin at IB
Replies: 1
Views: 449

Re: Portfolio Margin at IB

I encourage you to contact IB Canada, and ask them to introduce portfolio margin accounts for Canadians. You should contact Canada's national securities regulator instead... oh wait, we don't have one. While it can lower margin requirements, I always thought the intent was to reduce it for correlat...
by newguy
06 Mar 2015 12:17
Forum: Taxing Situations
Topic: Tax implications of futures trading
Replies: 42
Views: 8430

Re: Tax implications of futures trading

I"ve never traded futures, so correct me if I'm wrong. In the first post is this link. http://www.cra-arc.gc.ca/E/pub/tp/it346r/it346r-e.html 7. As a general rule, it is acceptable for speculators to report all their gains and losses from transactions in commodity futures or in commodities as capit...
by newguy
28 Feb 2015 10:50
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Time to bail out of bonds?
Replies: 123
Views: 5702

Re: Time to bail out of bonds?

mrPPincer wrote:if it was something witty it went away over my head
Just ghariton making apolitical statement.
by newguy
28 Feb 2015 09:42
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Time to bail out of bonds?
Replies: 123
Views: 5702

Re: Time to bail out of bonds?

I just assumed atypical ghariton typo.

newguy
by newguy
28 Feb 2015 08:52
Forum: Financial Planning and Building Portfolios
Topic: Vanguard Canada's Portfolio Strategies
Replies: 5
Views: 1447

Re: Vanguard Canada's Portfolio Strategies

I don't see the attraction for international bonds hedged to Canadian dollar; they won't protect me against runaway inflation (the currency hedge exposing me back to it). It won't protect you against runaway inflation in Canada. The currency hedge protects you from excess inflation affecting the ex...
by newguy
27 Feb 2015 18:17
Forum: Retirement, Pensions and Peace of Mind
Topic: Gold Bullion in RRSP?
Replies: 13
Views: 1392

Re: Gold Bullion in RRSP?

It seems to me the RRSP isn't the best place for real gold. If you don't want paper gold, then it must be for survival purposes after the impending collapse. I wouldn't be worried about capital gains tax in that scenario. Anyway, I don't think there's tax on gold coins if sold in chunks of less than...
by newguy
27 Feb 2015 17:51
Forum: Retirement, Pensions and Peace of Mind
Topic: Is age 57 the "sweet spot" for early retirement if deferring CPP?
Replies: 14
Views: 4285

Re: Is age 57 the "sweet spot" for early retirement if deferring CPP?

So you work more and get more money, sounds legit.

What you really want to ask is "how much more does my happiness/lifestyle improve for each extra month worked?". And, of course, is it worth it?

newguy
by newguy
27 Feb 2015 17:48
Forum: Financial News, Policy and Economics
Topic: Clippings 2015
Replies: 388
Views: 22260

Re: Clippings 2015

This[robots] is the single biggest issue facing us. It's even scarier. Bill Gates Says You Should Worry About Artificial Intelligence - Forbes “I am in the camp that is concerned about super intelligence. First the machines will do a lot of jobs for us and not be super intelligent. That should be p...
by newguy
23 Feb 2015 22:42
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Preferreds
Replies: 1153
Views: 83639

Re: Preferreds

See my posts upthread. It's the GOC 5 year benchmark, the BOC posts the closing rate the following morning. The issue is with intraday quotes which seem to vary based on providers, not just in degree but direction. Both intraday providers have been wildly off the BOC closer too in the last few days...
by newguy
23 Feb 2015 20:22
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Preferreds
Replies: 1153
Views: 83639

Re: Preferreds

Which yld are you looking for? Today's on the same tenor as on the reset date I guess? Like if it resets in one year to the five year yld (+/- n) you want today's 5 yr even though it's not the same bond that will be used in the calculation? http://www.financialpost.com/markets/data/bonds-canadian.ht...
by newguy
23 Feb 2015 19:58
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Time to bail out of bonds?
Replies: 123
Views: 5702

Re: Time to bail out of bonds?

ghariton wrote:T-bills had negative yearly real returns for the years ... 2019 ...
You said you can't predict interest rates??
by newguy
22 Feb 2015 18:00
Forum: Now Hear This!
Topic: Version 3.1 is alive!
Replies: 46
Views: 3481

Re: Version 3.1 is alive!

Actually, active topics isn't getting me any of the latest posts from any topic.

newguy

OK, I clicked refresh on the active topics and now they're there.
by newguy
22 Feb 2015 12:11
Forum: Now Hear This!
Topic: Version 3.1 is alive!
Replies: 46
Views: 3481

Re: Version 3.1 is alive!

I've noticed the quick links -> active topics, doesn't get watercooler posts anymore.

newguy
by newguy
19 Feb 2015 19:24
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: IEX - and market - and Katsuyana
Replies: 56
Views: 4972

Re: IEX - and market - and Katsuyana

Does anyone happen to know whether any Canadian discount brokers will honour requests to send US orders specifically to IEX? a_l IB allows you to route orders specifically to IEX, though I can't imagine it would be better than trying to get the best price on any exchange using SMART routing. https:...
by newguy
16 Feb 2015 13:58
Forum: Financial Planning and Building Portfolios
Topic: The Role Of Luck
Replies: 36
Views: 2521

Re: The Role Of Luck

Just a Guy wrote:When I was broke, I didn't enjoy it, but I found a way to survive.
Didn't that struggle give you some sense of accomplishment or satisfaction? And people used to ask why I had 6 hyundai ponys. Just getting to work was a huge accomplishment.

newguy
by newguy
16 Feb 2015 13:54
Forum: Financial Planning and Building Portfolios
Topic: Lifetime cashflow spreadsheet... comments?
Replies: 56
Views: 5901

Re: Lifetime cashflow spreadsheet... comments?

Perfect example. The "back of the envelope" approach will tell you all you really need to know. Running the monte-carloes will be fun (for some) but overall quite pointless. I can't argue with that, sometimes it's mostly just fun. There are more complicated scenarios than the one I gave like the of...
by newguy
16 Feb 2015 13:32
Forum: Taxing Situations
Topic: RRSP Deduction Voided
Replies: 22
Views: 1685

Re: RRSP Deduction Voided

Did you already fill out a Schedule 7 incorrectly? If you just claim all the deductions every year, you don't need the sch 7. If you read the ITA section 146 I don't see anything where you're obliged to inform the CRA of those amounts where they would like. I would tell them to stuff it as long as I...
by newguy
15 Feb 2015 21:35
Forum: Financial Planning and Building Portfolios
Topic: Lifetime cashflow spreadsheet... comments?
Replies: 56
Views: 5901

Re: Lifetime cashflow spreadsheet... comments?

In many cases, ISTM, the assumptions underlying the spreadsheets are far more important than the data displayed on the spreadsheet. Those assumptions can be highly uncertain. Isn't there a real risk of the spreadsheet creating a sense of certainty and precision that is largely illusory?? Yabbut, if...
by newguy
12 Feb 2015 21:20
Forum: Now Hear This!
Topic: Useful tips for using the forum software
Replies: 107
Views: 14689

Re: Useful tips for using the forum software

Bylo Selhi wrote:Or just insert a space between the 8 and ) or wrap bold/italic tags around the ) etc.
So I'm looking at the source to see if it's any easier to scrape and I see your user id is 8

So here's the list
3) shakes
5) yielder
7) norbert
8) bylo
by newguy
12 Feb 2015 20:11
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2015)
Replies: 214
Views: 21777

Re: What did you sell? What might you sell? (2015)

westcoastfella wrote:Sucks to take the loss in my RRSP.
We all share your pain. (literally, now we lose tax revenue)

newguy
by newguy
12 Feb 2015 18:35
Forum: Financial Planning and Building Portfolios
Topic: The Role Of Luck
Replies: 36
Views: 2521

Re: The Role Of Luck

This whole thread supposes getting rich is a good thing. Well the thread asked, "When it comes to your results in investing, would you attribute it to luck?" I'd assume that investing success means at least increasing your net worth, i.e. getting 'richer'. I dunno, I gave away lots of money when I ...