Hi, I’m new to this forum.
Does anyone believe in one-stock (or ETF or mutual fund) portfolios, sprinkled with some fixed income and some cash?
Personally, many years ago, when the government abolished the foreign content rule, I went 70% global equity and 30% Canadian equity in the two Flagship Trimark funds. Soon after 100% global in the Trimark Fund, then onto the Edgepoint Global Portfolio and finally, all-in the closed-end fund CYB.TO....
Wonder if anyone has looked at bitcoin arbitrage using bitcoin futures and ETF's as a means for diversifying a stock/bond heavy portfolio and still generate reasonable returns?
The premise would be to go long BTCC and short BRR futures (either near month or next month out) in a non-registered account that has excess margin. The positive return would be generated on the decay of the futures contract over time towards bitcoin spot price is the...
Late to the game, but still: TD Asset Management Inc. Announces Changes to the TD One-Click Suite of Exchange-Traded Funds
All of the changes described below will be effective on or about August 31, 2023.
TDAM is simplifying the composition of the TD ETFs by modifying the construction of the portfolios. TD ETFs will generally invest in index ETFs in order to provide investors with broad market exposure while reducing the management fees....
While it is certainly the least sexy strategy imaginable, my fixed income component (40%) is in a DIY bond ladder. I don't need the income at regular intervals its just about accumulation. A long time ago when the earth was cooling the basic strategy was build a 10 year bond ladder with reasonable credit quality, hold them all to maturity and reinvest in a 10 year bond annually as they roll down the ladder. I think it was all premised on a...
Rob Carrick's (The Globe and Mail) annual report is out today ...
The 2021 Globe and Mail online brokerage ranking: Who’s best for investing ... and answering the phone (For Subscribers, i.e. paywalled)
Trading volumes have surged in the online brokerage business, as have applications for new accounts and requests to upgrade existing accounts for margin trading. Yet another area of huge growth is in requests to transfer in money and accounts...
The Management Info Circular on the proposed sale of a percentage of Dundee units has been available for about a week. Is there a consensus amongst holders as to handle their units?
I will hold my nose (because of the change in management structure) and vote in favour of the sale. If the sale is approved I plan to tender all units which should mean that about 70% will be bought leaving me with about 30 %.
Care to share your top holdings at the start of 2013?
In reviewing the past year, it was interesting to me to see how my portfolio has changed in just 12 months.
I consider myself a buy-and-hold kind of guy so the fluctuation was a little disturbing.
But I think it shows more the change in focus as I continued to accumulate last year.
1. BCE 4.16% (up from 6)
2. RY 3.61% (no change)
3. CPG 3.60% (up from 7)
4. IPL.UN 3.50% (up from 11)
5. CUS...
Heads-up this is a longish and complicated post that covers historical ground.
Pro-tip , quoted posts generally begin with quote-left wrote: ↑ . Hopefully everyone knows that little arrow up, ↑ , is a link to the post that is being quoted so can be used to navigate to the post and/or topic.
Okay, onto the reason for this topic and post. In the Microsoft (MFST) topic I was asked
PI what is the purpose of your portfolio or style if your top...
I made up my mind and will transfer my rrsp accnt & cash accnt to the RBCDI.My concern is will the monies from my present broker be released in time to qualify for the 1% bonus.I once transfered monies from my broker to ING direct because of the 4.5% GIC one yr.term and it toke 8 weeks to get to ING.I will also be out of the country for 6 weeks starting Jan. 6th and the RBC deadline is Nov.28th to initiate the move and all monies must be in...
What are Microsoft's prospects as a company (and as an investment)?
This article in the Friday NY times caught my attention
It's Just More Fun Being a Growth Stock
It has the following chart
and the following text
Mr. Becker, at Argus Research, shares the belief that the growth of the company will accelerate. He has established a 12-month price target of $32 a share.
Speaking broadly about the prospects of Microsoft and its...
Q 1 - What would a basic ETF global portfolio be comprised of?
I have a Vanguard S&P 500, and a Vanguard Cdn TSE (which has done nothing for well over a year....).
Want to add some depth to the ETF side of the portfolio.
Q2 - What company is better - IShares or Vanguard?
Would appreciate your recommendations wonderful folks.
Thank you.
Hi, I'm looking at the ETF PSA.to which pay interest in the form of a monthly dividend. So each month the price goes from $50 to about $50+the current month dividend. For example, last month the dividend was $0.2055 per share and the ETF traded at $50.20 on the ex dividend date and returned to $50 on the next trading day. Those dividends will be taxed like interest. If you hold the fund in a taxable account and you are in the higher tax bracket...
This has come up a couple of times, and is worthy of its own thread.
The strategy is based on the Dogs of the Dow popularized by Michael O'Higgins. A small, select blue-chip index is used as the base. Each year, the ten highest yielders are selected and purchased in equal dollar amounts. The selection process is repeated once yearly, with deselected stocks sold and the funds allocated to new choices.
Canadians are bananas for not embracing index funds According to investment researcher Morningstar, the assets in index funds in the U.S. at the end of 2023 at long last surpassed the assets in funds that actively select their own investments ...
According to the financial advisers at PWL Capital, index funds – or passive funds, as they’re known in the trade – accounted for a mere 15.5 per cent of the Canadian market at the end of 2022.
I'm a big fan of the CASH.to and PSA.to ETF because it can give you a good interest amount in your TFSA or RRSP when you do a DCA investing.
I'm now in the good part of investing when everything is maxed : TFSA, RRSP, RESP and mortgage free.
So I'm investing in a taxable account and I also my emergency fund is now taxed (no longer in my TFSA because I want to maxed out my growth in this account). I wanted to continue to...
What's the consensus on pipelines? They've all had a nice run in the last year. Are they becoming overpriced? I own Enbridge, but have been considering reducing. On the other hand, I've also been considering diversifying into to other pipeline stocks. Pembina has had as high a run up as Enbridge, but Inter Pipeline Fund has lagged and seems to have more room. They have a considerably lower PE ratio and higher yield too. Transcanada is a...
Hello. I was just browsing my bank's GICs and I noticed that they offered this class of GICs. Based on the name, I think the GIC's rate of return is variable, that it depends on how well the market does (or doesn't). But you will never lose your principle, no matter how poorly the market performs. I am guessing that with this type of GICs, you will make more money in a bull market but will do poorer in a bear market, compared to a regular...
Much like the residents of Lake Woebegon, FWFers are probably above average retail investors (not that the bar is particularly high if the financial media is to be believed).
So, after 16 years of Mr. Flahertys invention what is the value of YOUR TFSA today (not your spouse, not your kids, not your cocker spaniel)
What use is the poll ? Perhaps to gauge FWFers against the general public...
Thinking of picking this up. Has paid dividends non-stop for the past 40 74 years, is trading at quite a low P/E, isn't at all vulnerable to a US slowdown (recession or not, we all still must eat), and is trading at the bottom of a 52-week range, unlike the rest of the market that is doing quite the opposite.
A good long term buy and hold? With its low P/E, might this become a private equity target?
I have a corporate (taxable) account where I'm coming close to the $50k SBD limit and want to start buying Horizons ETFs. Currently have 60% XAW, 30% VCN, and 10% ZDB in this account. I would like to replace it with a portfolio of Canadian listed ETFs and I'm looking at Horizons ETFs. I don't like HGRO allocations and looking at 50% HXS, 30% HXCN, and 20% HXDM. How is my % allocation? Looking at another 20-25 years until retirement. I feel...
Boyd Group Income Fund is a profitable Specialty Stores company that trades on the TSX.
The Boyd Group Inc., owns and operates automotive collision repair centres in Canada and the United States and licenses its trade names, trademarks and systems to independently owned repair facilities.
Per Share Data
Earnings (TTM) $0.52
Book Value $0.86
Price/Earnings 5.2x
Price/Sales (FYR) 0.2x
Price/Book (FYR) 3.1x
Price/Cash Flow (FYR) 4.7x...
Great news for index investors. National Bank Direct Brokerage is getting into the no-commission ETF bandwagon with a pretty sweet deal:
Say goodbye to commissions
National Bank Direct Brokerage is making it even easier for you to trade exchange-traded funds (ETFs), with zero commission on all Canadian ETFs at all times*, no matter how many trades you place.
* The Zero Commission on ETFs pricing runs from September 1st, 2016. All trades...
Starting new thread to reply to question in Aliant (AIT) thread:
What about Rogers? is there any growth there?
I'm looking for a long-term hold not a trader.
I'm assuming you mean RCI.NV.B ? What I've noticed about this one is, for a number of years the analysts' earnings estimates start out good, then get revised down, and finally end in real losses. Also, the balance sheet (4Q'05) shows tangible book value per diluted share of NEGATIVE...
Noted Mike's posting on Richard's Packaging yesterday. I saw this link at Globeinvestor yesterday, so thought I would look for it today. It doesn't appear using either CCL or defensive in their search engine, so thought it had disappeared. I just lucked out. Note: I don't not own any shares in CCL. I ignore the short term forecasts in the article, and just concentrate on the fact that it may be a good defensive play. If I remember correctly, a...
This is a little embarrassing for someone who is an avowed indexer but
a) I'm a sinner, and
b) Others have to be interested.
I would be interested in hearing where you get your quote feeds. While discount brokers typically show you an undelayed quote in a particular stock if you push the buy or sell button, they're not in the habit of providing real time quotes on vast swaths of the market.
Effective January 11, 2024, the U.S. Securities and Exchange Commission (SEC) has approved the availability of eleven Spot Bitcoin ETFs for trading on the U.S. markets ...
Please note the following:
• Options and short sell orders will not be available for the first few days of trading
• For margin purposes, the loan value will be 0%
Please be aware that you may see an active market with heavy trading and volatility. Trade execution and fill...
I guess TDDI is making money by lending your holdings to short sellers so even they make a few points on portion of your 5MM portfolio, times how many accounts they have, it's not a small amount.
The above was written a few months ago, but allow me to correct a common misconception:
Canadian brokerages are not allowed to lend fully paid securities, even when held in a margin account. So if you do not borrow money on margin, your securities...
I'm trying to study the stock price variability (of GE for example) over an extended time period (say 40 years) and download the data into an Excel sheet on my computer.
I've never done this before and I need help.
In going to Yahoo at
I can get a download and load the closing (daily, weekly or monthly prices) into an Excel but the prices are not adjusted for stock splits.
I hope I don't have to do this manually - or do I?
The predictions contest is on again! For those among us who are still brave enough to declare where you think we are headed!
Please enter your guesses or forecasts for the values on December 31, 2023 in the following format:
S&P500:
TSX:
GOLD:
OIL:
CAD:
with the dollar amounts in USD. The index is just that. No dollar value. The deadline is January 23 at 9:30 EST and the first results will be published after market...
I am taking a look at Brookfield Asset Management (BAM.A) and its subsidiaries, BIP-UN, BEP-UN, BPY-UN, and BBU-UN.
Most fund managers recommend owning the parent. However, the low yield of 1.57% and 5-year growth rate of 8.84% doesn't seem that enticing. More impressive is the combo of 4.69% and 11.71% offered up by BIP-UN, at least from an income perspective. Five year total returns are similar. BEP-UN is now yielding 6.47% with a 5-year...
This topic is where you can post actual or potential buys in 2023.
Please remember our mission of financial education. We'd ask that you please include your rationale for the education of other FWF'ers. Posting that you bought nnn shares of company ABC for $xx without explaining what was behind the decision is just scorekeeping and doesn't really benefit others.
Just a big thank you to yielder and Shakes for a great call on RBC at $58.00 back in Sept. I jumped in at $59.00. I'm a very happy camper today. The new target is $85.00???
Assuming I'm comfortable with the derivative swap structure of a synthetic ETF, I'm trying to understand why someone would choose HXS.TO vs what appear to be much better offerings outside of Canada.
All of the below track the SP500:
HXS :
SPXS :
I500 :
(There are others on LSE and still more on the Irish Stock Exchange)
Every indicator seems to point to the foreign synthetic ETF as the better option (AUM, volume, bidask spread, tracking...
Opening any kind of investment accounts require one to disclose net worth information. How will the brokerages use this information? If it's a cash account, does it matter the net worth as reported is real or not? Just don't feel like letting others know information they don't need to know these days.
So Christmas is on Friday and the TSX will be closed on Monday in lieu of Boxing Day. That means there will only be 3 trading days between Christmas and New Years. So, that means that the last trading day for TSX T+3 settlement (stocks and bonds) is Thursday, Dec. 24, 2009 , right? So you have to do any tax loss selling before Christmas this year.
I recently found this National Bank fund, NBI US Equity (NBC743). It seems to have a strong performance history and a decent size. Would it be a good choice for a long-term hold in a TFSA account? Any thoughts or comments would be appreciated. Thank you!
This topic is where you can post actual or potential sells in 2023.
Remember our mission of financial education. We'd ask that you please include your rationale for the education of other FWF'ers. Posting that you sold nnn shares of company ABC for $xx without explaining what was behind the decision is just scorekeeping and doesn't really benefit others.
I was looking through the CIBC Investor’s Edge® Account Agreements and Disclosures Booklet , dated June 2023 , which includes a section on their fees. There is no mention of any transfer-out fee for either TFSA or FHSA accounts, which struck me as odd, nay, traitorous for a Big5 bank brokerage. They do explicitly show the standard $150 transfer-out fee for non-registered accounts, and for RRIF (although not RRSP), and on the banking side, they...
Just took a position in BMO. Looks to be reasonably priced, not a bargain, at these levels. A 3.4% yield with 9% growth, a payout ratio of 40%, and a multiple of 11 on a forward basis.
Scotiabank makes investments in Peru. What do you guys think about this? I like this becuase it seems like I will run bank that they are buying and with this new investment bns will control a bigger market share in Peru. I think this could be great for long term growth.
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