Search found 4148 matches

by newguy
04 Oct 2015 14:04
Forum: Financial Planning and Building Portfolios
Topic: Home Bias Strategy
Replies: 22
Views: 1047

Re: Home Bias Strategy

The outside Canada piece should probably be reversed, i.e. 20% US and 40% ex-NA. You want to own uncorrelated assets. Canada and US equity returns are too well correlated to get much benefit out of a mix that is all or mostly them. (Historical return correlations between Canada and US equities are ...
by newguy
08 Sep 2015 20:46
Forum: Under the Mattress: Protecting Your Money
Topic: Inflation insights
Replies: 44
Views: 3417

Re: Inflation insights

So I'm shopping today and the prices have definitely gone up a lot in the past year. Probably mostly CAD related. I wonder if it will ever show up in the official numbers? Then I started wondering how the lowest quintile manages since all they can afford is food. I can't find any measure of inflatio...
by newguy
08 Sep 2015 20:22
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Vanguard coming to Canada
Replies: 492
Views: 41422

Re: Vanguard coming to Canada

Newguy is right that XAW also holds all ETFs but its superiority doesn't only rest in its 5 bps MER advantage. It also holds a Canadian listed EAFE ETF(XEF) which reduces the lost FWT. So you're suggesting the FTC amounts can flow through Cdn ETFs but not US ones? The law, of course, is ambiguous b...
by newguy
08 Sep 2015 20:03
Forum: Financial News, Policy and Economics
Topic: Conditional Drawdown in excel
Replies: 10
Views: 1854

Re: Conditional Drawdown in excel

It sounds like a rather arbitrary way to calculate drawdowns. I'm not sure of the information content of the results, ie what do they tell you? I like the chart that shows all 20% drawdowns in SPY eventually became 40% +. Also the description is ambiguous, when has a 20% drop bottomed? What defines ...
by newguy
08 Sep 2015 19:57
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: BMO Investorline
Replies: 502
Views: 53153

Re: BMO Investorline

eulogy wrote:I've had my eye on BMO IL ever since TDDI doesn't allow me to do Gambiting in registered accounts without a call + call sell fee.
Whaaat? I've read here that it's just an instant online buy and sell on the other side. Maybe things changed after they finally got USD accounts.

newguy
by newguy
08 Sep 2015 19:30
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Vanguard coming to Canada
Replies: 492
Views: 41422

Re: Vanguard coming to Canada

Is VXC still holding other VG ETFs? The website lists the stocks. Yes. XAW is a superior alternative. I just checked and XAW holds etfs as well. It's also much smaller than VXC. That may allow VXC to hold more individual stocks eventually. Since US stocks are 50%+ anyway the withholding issue is on...
by newguy
01 Sep 2015 19:00
Forum: Financial News, Policy and Economics
Topic: Conditional Drawdown in excel
Replies: 10
Views: 1854

Re: Conditional Drawdown in excel

For ex. on May 19, 2008, S&P 500 was 1423 and it went down by more than 5% by June 23, 2008 to reach 1318. IN the calculation suggested by you data points like these are missed. IN the attched excel for S&P 500, in 2008, there were 24 such 5% drawdowns but by this method only 12 data points get ref...
by newguy
31 Aug 2015 22:11
Forum: Financial News, Policy and Economics
Topic: Conditional Drawdown in excel
Replies: 10
Views: 1854

Re: Conditional Drawdown in excel

To hopefully provide more clarity, suppose a stock fells by 5% from its Peak and stay under water for next 60 days. If I do a frequency, countif etc. it counts all the days the stock is under 5% drawdown i.e. 60 days which is not what I want. The formulas I showed you would only count it as one. =I...
by newguy
30 Aug 2015 21:35
Forum: Financial News, Policy and Economics
Topic: Conditional Drawdown in excel
Replies: 10
Views: 1854

Re: Conditional Drawdown in excel

I can't open xslx, save it as office 2000 or open office.

Your rules sound too complicated to easily do in excel. You may be better off with Python or R.

newguy
by newguy
30 Aug 2015 16:28
Forum: Financial News, Policy and Economics
Topic: Conditional Drawdown in excel
Replies: 10
Views: 1854

Re: Conditional Drawdown in excel

Go get the data from Shiller. http://www.econ.yale.edu/~shiller/data.htm Make a columm of the max price in col B (or real price in h, or make a total return col with divs included). Calc the drawdown, check if it's more than x and not a new high yet, count all the times it starts as you'll spend man...
by newguy
10 Jul 2015 17:55
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Anyone familiar with Zag Bank?
Replies: 10
Views: 3626

Re: Anyone familiar with Zag Bank?

Shakespeare wrote:Try Zig. :wink:
I have it on good authority that ZigZagZoo sucks.

newguy
by newguy
10 Jul 2015 17:19
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Anyone familiar with Zag Bank?
Replies: 10
Views: 3626

Re: Anyone familiar with Zag Bank?

Awesome, a Quebec based online bank. I was getting jealous of the RoC since it's rare they allow Quebecers to open accounts.

newguy

ps. just checked, Zag doesn't allow Quebec accounts. :rofl:
by newguy
18 Jun 2015 22:18
Forum: Financial News, Policy and Economics
Topic: Greece
Replies: 392
Views: 27762

Re: Greece

nisser wrote:I don't agree that a default is the best option. They use up 60% of their GDP on public pensions. Let that sink in for a minute.
No way! Check those numbers somewhere. Maybe 60% of revenue.

newguy
by newguy
15 Jun 2015 17:41
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Value investing is a mistake
Replies: 46
Views: 3282

Re: Value investing is a mistake

I wouldn't go so far as to see why it doesn't work when it so obviously does. I would try and see if it's really value investing or maybe cyclical investing or even something else??. You need a baseline to judge a system. With TA, you can use random entries and you'll usually find it's the exit rule...
by newguy
09 Jun 2015 20:39
Forum: Under the Mattress: Protecting Your Money
Topic: My dream Retirement watch
Replies: 189
Views: 11349

Re: My dream Retirement watch

Koogie wrote:Money doesn't buy class.
In the spirit of rich people are dicks,
rr.jpg
newguy
by newguy
09 Jun 2015 20:21
Forum: Taxing Situations
Topic: Effective Marginal Tax Rate
Replies: 39
Views: 5021

Re: Effective Marginal Tax Rate

steves wrote:Sigh...
Why?

I read some the Quebec scenarios (note some show > 100% emtr) and the one closest to my situation seemed wrong. I guess I'm supposed to read 20 pages of french to figure out why...

newguy
by newguy
09 Jun 2015 20:18
Forum: Financial News, Policy and Economics
Topic: the concept of a “Carbon bubble”
Replies: 50
Views: 1991

Re: the concept of a “Carbon bubble”

In other news, another 200 billion barrels of oil in Canada. Stranded or not?

http://oilprice.com/Energy/Crude-Oil/Bu ... -Myth.html

newguy
by newguy
09 Jun 2015 20:07
Forum: Financial Planning and Building Portfolios
Topic: Smart beta
Replies: 11
Views: 1359

Re: Smart beta

FWIW, I've been tracking the performance of SPLV against SPY (low volatility is one form of smart beta). So far, I have seen no good reason for choosing SPLV. How are you comparing the two? The idea is better risk adjusted returns. A quick sharpe check shows spy 0.856734913177 splv 1.0240268603 Any...
by newguy
25 May 2015 22:16
Forum: Retirement, Pensions and Peace of Mind
Topic: How Much is Enough 2015
Replies: 168
Views: 14455

Re: How Much is Enough 2015

You can see a bottom quintile earner needs up to 120% replacement of his/her age 55 income. "Needs" or "gets"? It's based on tax returns, so I would say "gets". The trick for everyone is needing what you get so I'm not sure of the distinction. Unlike average income for the population as a whole, av...
by newguy
25 May 2015 19:42
Forum: Retirement, Pensions and Peace of Mind
Topic: How Much is Enough 2015
Replies: 168
Views: 14455

Re: How Much is Enough 2015

So dumb, never searched on authours names. I've been getting out of practice with my google-fu. Yeah, that's a thing. You can see a bottom quintile earner needs up to 120% replacement of his/her age 55 income. http://www.statcan.gc.ca/pub/11f0019m/2010328/ct005_en.gif And at the top quintile. http:/...
by newguy
25 May 2015 13:57
Forum: Retirement, Pensions and Peace of Mind
Topic: How Much is Enough 2015
Replies: 168
Views: 14455

Re: How Much is Enough 2015

An article in today's G&M by a long time FWF member. Not everyone needs to actively save for retirement. But the 60% income replacement rate assumes the high income earner stops buying tailor made suits and prada bags and the low income earner stops buying food. It's hard to find the data, I think ...
by newguy
29 Mar 2015 21:26
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: TellTale Chart, What Is It saying ?
Replies: 2
Views: 424

Re: TellTale Chart, What Is It saying ?

it's too bad the time frame wasn't longer. You can get total return from msci back to 1970. Yahoo only goes back to 1995, but maybe there's other sources for stocks. msci-ry.png What is it saying? Either that eventually the banks will be the entire economy, as they should be, or somethings wrong wi...
by newguy
29 Mar 2015 12:29
Forum: Taxing Situations
Topic: Tax implications of futures trading
Replies: 42
Views: 8418

Re: Tax implications of futures trading

scorpionman wrote:I would be cautious about the liquidity cost of rolling over the future contract. From my experience with OneChicago,...
You must be talking about SSFs, ES has much better liquidity, probably the most.

Park, did you do any calculations?

newguy
by newguy
14 Mar 2015 23:03
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What's the consensus on RBC DI?
Replies: 16
Views: 1210

Re: What's the consensus on RBC DI?

We also discussed BMO for Qc RESPs here.
viewtopic.php?f=29&t=118010

newguy
by newguy
14 Mar 2015 22:55
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Fleeing to the hedges
Replies: 14
Views: 575

Re: Fleeing to the hedges

If you want to market time, at least do it efficiently, buy a futures contract or something. To expand on Finecon's comment, just look up the profit sensitivity to USD/CAD for all the commodity producers and see how hard it would be to figure out how much to hedge, they may even be partially hedged?...