Search found 950 matches
- 28 Jul 2009 22:36
- Forum: Financial Planning and Building Portfolios
- Topic: Enough to Live On (2009)
- Replies: 597
- Views: 44084
Come on 2 million should be good for a 100k plus CPP and OAS. When you consider pension splitting you got to be in the top 2% of Canadians for income. That's about were I am at and I haven't given any consideration about going to the food bank. I will take a 2% percenter over a 10% any day of the week.
- 28 Jul 2009 22:27
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: Dividend and Distribution Hikes - 2009
- Replies: 211
- Views: 35072
- 22 Jul 2009 20:53
- Forum: Community Centre
- Topic: Furnaces, The Hot Air Discussion
- Replies: 436
- Views: 12712
I have a friend who specializes in servicing gas furaces[he doesn't sell any product]. He claims the most solid and reliable furnace is a Rheem. It has a sister brand that escapes me. They have a different mechanism for ignition which is pretty much fool proof[according to him]. I have a house that needs a new furnace and this is the direction I am leaning. Would welcome comments and feedback.
- 18 Jul 2009 22:24
- Forum: Financial News, Policy and Economics
- Topic: Amanda Lang leaving [BNN] CBC
- Replies: 103
- Views: 31934
I personally knew Otto Lang. He was a Liberal but in many respects a tough law and order guy and certainly on the right of the party on fiscal and economic issues. I think she would make a great political leader whether it was grit or tory. Another treaure from the province of Saskatchewan. I think Howard Green is a an outstanding member of the BNN team as well. I used to beat up CNBC after watching the early show with Joe Kernan and the the other three I have changed my mind. They can be ruthless with guests who try blowing smoke. They are very well educated. Prior to changing careers Kernan was a cancer researcher.You have to agree that Becky is pretty nice dish.
- 13 Jul 2009 13:42
- Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
- Topic: Any experience with Land banking?
- Replies: 38
- Views: 17445
I really question the economics of buying into this type of investment. Last year there was a lot of speculation on farmland. Wheat was selling on the USA wheat exchange for 22 dollars a bushel. Its selling for 4.80 today. I am not sure farming is a paying proposition right now. The promoters are the ones who will make any money. I wonder about the liquitity of these units. Remember all the exotic mortgage backed securities that contributed to the credit crisis. What's the difference? BRX said there was gold in those hills. They were right it was fool's gold.
- 09 Jul 2009 10:17
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: CALLABLE bonds
- Replies: 12
- Views: 2035
- 06 Jul 2009 22:49
- Forum: Under the Mattress: Protecting Your Money
- Topic: Aeroplan
- Replies: 505
- Views: 51179
- 06 Jul 2009 15:19
- Forum: Under the Mattress: Protecting Your Money
- Topic: Aeroplan
- Replies: 505
- Views: 51179
I have been looking a trip to Paris, Rome and Frankfurt. Vacation packages with AC do not look like good value. I think we use our points for the flying and use Priceline for our hotels. They are quoting 4 star hotels for 49.95. For travelling through Europe we are thinking Euro-train as a good option. I would appreciate your advise and suggestions.
- 05 Jul 2009 00:03
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: Crescent Point Energy Trust (Symbol-CPG.UN)
- Replies: 17
- Views: 2584
- 04 Jul 2009 23:56
- Forum: Community Centre
- Topic: gps
- Replies: 128
- Views: 2781
- 04 Jul 2009 23:51
- Forum: Under the Mattress: Protecting Your Money
- Topic: Aeroplan
- Replies: 505
- Views: 51179
- 04 Jul 2009 18:17
- Forum: Under the Mattress: Protecting Your Money
- Topic: Aeroplan
- Replies: 505
- Views: 51179
- 04 Jul 2009 15:49
- Forum: Financial Planning and Building Portfolios
- Topic: Don Coxe
- Replies: 115
- Views: 22720
- 03 Jul 2009 20:42
- Forum: Under the Mattress: Protecting Your Money
- Topic: Aeroplan
- Replies: 505
- Views: 51179
- 02 Jul 2009 17:33
- Forum: Financial Planning and Building Portfolios
- Topic: Scorecard for first half 2009
- Replies: 33
- Views: 1885
I have 33% equity position. According to globeinvestor Gold I am up 19.6% ytd. The equity position is quite defensive[high dividends, low debt and solid earnings] The rest is in a mixture of provincial and corporate bonds with a few GICs. I figure their yield to maturity to just under 5%. I note that someone says he was down 33% in 08 annd is up 23% in 09. The % increase on the way up has to be much higher to catch up with the% loss in 08. Example you had 150k at the beginning of 2008 and lost 33% so you have 100k. Assume you gain 33% in 09 this means you have 133k at the end of 09. You would of required another 17% on the way up to break even.
- 01 Jul 2009 22:32
- Forum: Community Centre
- Topic: Wells to wheels?
- Replies: 118
- Views: 1902
I hope this is the end of AECL. The Chinese have plans for forty reactors. They didn't give out one contract for a Candu. Westinghouse, Areva, Toshiba, Hitachi and GE are getting the contracts. Is there any chance that they get things done on time and keep costs under control? Just may-be they have superior reactors? I would feel a lot better if these commercial firms were building and operating our reactors. Then the government could regulate and avoid the problem of being in the business and regulating themselves.
- 01 Jul 2009 09:15
- Forum: Financial Planning and Building Portfolios
- Topic: Garth Turner: Buy Bank Preferreds not GICs
- Replies: 46
- Views: 8291
I can't understand how people can listen to guys like Turner. I remember an article 10 years ago or so were he was recommending mortgaging your home equity and using the loan proceeds to buy technology stocks. Sadly many people approaching retirement bought tech mutual funds on this advise. They did poorly Turner and the sponsoring fund salesman did much better. When I hear his name I think of Brian Costello and Dr Jerry White.
- 23 Jun 2009 21:37
- Forum: Now Hear This!
- Topic: Karma - Bitching and Moaning
- Replies: 267
- Views: 19532
- 21 Jun 2009 21:56
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: 5 Year Dividend Growth Predictions
- Replies: 31
- Views: 4847
- 21 Jun 2009 17:40
- Forum: Community Centre
- Topic: Car maintenance
- Replies: 87
- Views: 1967
- 21 Jun 2009 14:20
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: 5 Year Dividend Growth Predictions
- Replies: 31
- Views: 4847
Thomson- Reuters looks like a good prospect.It has three solid group of clients; lawyers, doctors and investors . It's held up quite well with the market turmoil. Has a pretty solid balance sheet. Has lots of room for sollid growth and cost reduction. The merger should be ready to show some solid payoffs.
- 21 Jun 2009 10:37
- Forum: Community Centre
- Topic: Car maintenance
- Replies: 87
- Views: 1967
- 20 Jun 2009 14:58
- Forum: Community Centre
- Topic: Car maintenance
- Replies: 87
- Views: 1967
I encountered a cabbie who had 1000,000 kilometers on a Toyota Previa mini van. I don't know were people say that Japanese cars don't last beyond 160k. Last year I gave my 1986 Corolla to my daughter as a second car. It had 330 kilometers. I had a 1982 Landcruiser which I sold when it was over 500k. I understand the buyer is still driving. That was seven years ago. The thing that caused problems in the 1980's was rust. The power trains were bullet proof.
- 19 Jun 2009 18:45
- Forum: Community Centre
- Topic: Wells to wheels?
- Replies: 118
- Views: 1902
- 19 Jun 2009 14:58
- Forum: Community Centre
- Topic: Wells to wheels?
- Replies: 118
- Views: 1902
In recent times there have elephant sized shale gas formations discovered and developed. The Barnett and Montney shale formations are much larger then conventional reserves. Recently a giant shale reserve has been discovered in Quebec. LNG is coming on stream as well. The Russians and Arabs have hugh reserves of excess ng. There is a reason that ng is selling a very low prices[excessive supply]. Boone Picken says we should be switching to ng and breaking USA dependence on hostile foreign oil. Do a search on these reserves and you will get a look how the supply ofng has changed.