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by adrian2
10 Jul 2017 22:19
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 416
Views: 26599

Re: High interest rates for savings, GICs and MMFs (2017)

Wondering... Can't this be taken advantage of every weekend (not just for moving promo-money once), switching money back and forth between accounts (offering decent rates, of course)? For example, going forward, would it not be more profitable to move money between Tangerine account earning 3% and ...
by adrian2
07 Jul 2017 15:12
Forum: Financial Planning and Building Portfolios
Topic: Avoiding fx charges on US income
Replies: 17
Views: 679

Re: Avoiding fx charges on US income

denver wrote:
07 Jul 2017 14:42
adrian2 wrote:
07 Jul 2017 13:59
A dual-listed company is not to be included in T1135, even when held in a USD denominated (sub-)account.
Oh right.... You mean a Canadian dual-listed company.... yes that makes sense.
Aren't (almost) all like that?
by adrian2
07 Jul 2017 13:59
Forum: Financial Planning and Building Portfolios
Topic: Avoiding fx charges on US income
Replies: 17
Views: 679

Re: Avoiding fx charges on US income

denver wrote:
07 Jul 2017 10:42
2. Would holding the US equity - even for a few seconds - trigger the T1135 threshold?
A dual-listed company is not to be included in T1135, even when held in a USD denominated (sub-)account.
by adrian2
07 Jul 2017 09:23
Forum: Retirement, Pensions and Peace of Mind
Topic: Credit Scores for free
Replies: 64
Views: 3451

Re: Credit Scores for free

CIBC now offers a convenient doorway into Borrowell:

Get your credit score instantly on the CIBC Mobile Banking® App.
by adrian2
06 Jul 2017 08:16
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 416
Views: 26599

Re: High interest rates for savings, GICs and MMFs (2017)

Transfer is initiated from Tangerine, postdated for Friday. Thanks. Do you have to post date it? Does it mater if I initiate on the Friday (choosing the "Now" option)? If you initiate it on Friday, you cannot set it up for Friday, it has to be in the future. For a transfer involving an external acc...
by adrian2
05 Jul 2017 23:11
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 416
Views: 26599

Re: High interest rates for savings, GICs and MMFs (2017)

Five family members have Tangerine accounts: - three have received a 3.1% rate until September 30 for new deposits up to 500K - two have received nothing. Savings currently sitting at PCF @ 2.5% will flow to Tangerine on Friday . Why not tomorrow? Friday means double dipping for 3 days, money will ...
by adrian2
05 Jul 2017 10:29
Forum: Under the Mattress: Protecting Your Money
Topic: High interest rates for savings, GICs and MMFs (2017)
Replies: 416
Views: 26599

Re: High interest rates for savings, GICs and MMFs (2017)

After having removed all cash before July 1st, I received a 3.22% rate until September 30 for new deposits up to 500K. Five family members have Tangerine accounts: - three four have received a 3.1% rate until September 30 for new deposits up to 500K - two have one has received nothing. Savings curr...
by adrian2
30 Jun 2017 13:22
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: US Dividend ETF
Replies: 6
Views: 371

Re: US Dividend ETF

deaddog wrote:
30 Jun 2017 11:55
I like SDOG.
Considering your alias, I would have thought your preference would be DDOG. :P
by adrian2
30 Jun 2017 13:09
Forum: Under the Mattress: Protecting Your Money
Topic: Lithium-Ion settlement
Replies: 3
Views: 347

Re: Lithium-Ion settlement

Who is eligible to participate in the settlement? You were a resident of the United States from January 1, 2000 to May 31, 2011 Will make it not valid for most of us in Canada I think. For me (and you, presumably), yes, but many members could have been a US resident at any time during those 11 years.
by adrian2
29 Jun 2017 14:43
Forum: Financial News, Policy and Economics
Topic: CMHC to Give Otttawa Special 4 Billion Dollar Dividend
Replies: 10
Views: 614

Re: CMHC to Give Otttawa Special 4 Billion Dollar Dividend

kcowan wrote:
29 Jun 2017 14:41
or maybe proof that CMHC is overcharging for its insurance?
Nope, it just proves that so far, the going's been good.
by adrian2
29 Jun 2017 14:05
Forum: Under the Mattress: Protecting Your Money
Topic: Lithium-Ion settlement
Replies: 3
Views: 347

Lithium-Ion settlement

Who is eligible to participate in the settlement? Purchasers of these products (or replacement batteries) may be eligible for compensation in this $44.95 million legal settlement if: You were a resident of the United States from January 1, 2000 to May 31, 2011 AND You purchased for yourself or your...
by adrian2
27 Jun 2017 21:46
Forum: Taxing Situations
Topic: Gain on short eft considered as income?
Replies: 3
Views: 230

Re: Gain on short eft considered as income?

Wing wrote:
27 Jun 2017 20:30
With the stock market at it's record high, if I'll buy a short eft and have some gain on it, will it automatically make it income?
An inverse ETF is just another security. There are no special rules for it to change the capital gains treatment.
by adrian2
27 Jun 2017 21:44
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 2053

Re: The Perfect Dividend ETF

The comparison of div growth etween TD and Ry looks a little off, but only a quibble. TD had a 2 for 1 split in that period. Yes, they split in 1999 and again a couple years ago. The comparison should be split adjusted, no? Yes, it should be. I have no idea if the quoted numbers have been split adj...
by adrian2
27 Jun 2017 15:47
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 2053

Re: The Perfect Dividend ETF

SQRT wrote:
27 Jun 2017 15:20
The comparison of div growth etween TD and Ry looks a little off, but only a quibble.
TD had a 2 for 1 split in that period.
by adrian2
27 Jun 2017 14:24
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 2053

Re: The Perfect Dividend ETF

In the case of a RRIF, I was under the impression the broker will force you to withdraw the required amount each year. If this is true, even if cannew is calculating incorrectly (which I agree sounds very plausible), wouldn't the mistake be easily spotted by the broker? (e.g., broker would spot tha...
by adrian2
26 Jun 2017 13:36
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 2053

Re: The Perfect Dividend ETF

3.9% is the yield on the 12 stock Heinzl portfolio which is neither the subject of the OP's article which is a portfolio of 20 stocks nor is it the 18 stock portfolio of the OP (which apparently has 17 stocks in common with that article). True, but that does not make claims of 6.095% / 5.71% / 5.31...
by adrian2
26 Jun 2017 13:02
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 2053

Re: The Perfect Dividend ETF

Yield 2015 was 5.71% on rrif MV Yield 2016 was 5.31% on rrif MV You keep asking the questions and when I provide answers I'm "self-congratulatory"? These are the numbers and and they pretty much match with what I'm been saying. The point I've tried to make was that a DG strategy can provide a growi...
by adrian2
26 Jun 2017 11:09
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 2053

Re: The Perfect Dividend ETF

Yes, 6.095% Again, Beardstown Ladies math. You are either innumerate, or have a mild case of amnesia, or... Put me to shame by disclosing your positions with a 6.095% yield (love all those digits!). Guess I have to eat my words, at least for 2016. In 2015 our withdrawals were $56k while our rrif di...
by adrian2
25 Jun 2017 21:41
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 2053

Re: The Perfect Dividend ETF

Which means your portfolio yield has to exceed the withdrawal minimum for a mid- 70s individual AND assuming no net re-investment of dividends. IOW, 5.5% or better. Yes, 6.095% Again, Beardstown Ladies math. You are either innumerate, or have a mild case of amnesia, or... Put me to shame by disclos...
by adrian2
25 Jun 2017 20:56
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Is Anybody investing in Closed-End funds (CEF)?
Replies: 27
Views: 748

Re: Is Anybody investing in Closed-End funds (CEF)?

Also I'm curious if I have to pay dividend withholding tax on US CEF if i hold it in RRSP? I don't think so, hold both PDI and PCI in my RRSP and do not see anything withheld from the monthly distributions. In general payments from US entities should not have anything withheld due to special tax tr...
by adrian2
25 Jun 2017 18:59
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 2053

Re: The Perfect Dividend ETF

I'm often asked what my 18 holdings are, well 95% are ones hes listed. I do have a few I wish I hadn't bought. You've been repeatedly asked to state your holdings not out of idle curiosity, but because you were claiming stuff that's math-challenged, like the dividend from your holdings covers the R...
by adrian2
25 Jun 2017 15:40
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 2053

Re: The Perfect Dividend ETF

I'm often asked what my 18 holdings are, well 95% are ones hes listed. I do have a few I wish I hadn't bought. You've been repeatedly asked to state your holdings not out of idle curiosity, but because you were claiming stuff that's math-challenged, like the dividend from your holdings covers the R...
by adrian2
25 Jun 2017 09:24
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 286
Views: 16436

Re: Clippings 2017 : Greenpeace

Finally someone willing to publically speak out about this self serving organisation. MARGARET WENTE Greenpeace is a menace to the world Their holier than thou but totally hypocritical mouthpiece David Suszuki pushes their brand of half truths and disinformation. I long ago decided that I would nev...
by adrian2
22 Jun 2017 10:42
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 222
Views: 5617

Re: CPP Deferral debate - Fred Vettese article discussion

I can only hope the next generation of FWF retirees will take the time to consider my calculations earlier in this thread (based on current CPP rules) that show how delaying CPP to age 70 allows for safely spending more in the earlier years of retirement than taking CPP early. Increasing CPP and OA...
by adrian2
21 Jun 2017 22:26
Forum: Financial Planning and Building Portfolios
Topic: What would you tell someone who wants to get started investing?
Replies: 70
Views: 2407

Re: What would you tell someone who wants to get started investing?

If she does not save a dollar more, just the forced savings imposed by the DRIP, she will not get very far. Let's say she can only manage $100 per month, which will result in 16 transactions per year, and $1,800 total investment. It makes no practical difference whether she has 12x$100 monthly inve...