Pickles wrote:So Stubee, does Globeinvestor have the incorrect MER for these ETFs or do they just not list them?
Globeinvestor has the correct MER's. They are exactly as you have written them. And, I have to get my eyes checked
I take back what I wrote in my most recent post on this thread. I was wrong. To be honest, I had forgotten. Forgotten perhaps because I am too set in my ways.
In my defense, the current MER on my Canadian equity portfolio is 0% and all of the income is dividend income (no ROC, CG or other income). Offsetting this is a total lack of diversification in my own portfolio (i.e. only 10 companies). OTOH, I have total control over the contents of my portfolio. Of course, this control allows me the opportunity to drive off the edge of a cliff into oblivion.
Now, you may be inclined to say: "Nothing will change his mind, why waste our time?". Indeed, it has been said before.
I will add one last thing which is quite problematic in my situation which I have mentioned before: 50% of my entire Canadian equity portfolio is in the form of non realized capital gains. The tax hit would be important. I am very content to be living off of the dividend cheques corresponding to that portion which would other wise be in government coffers. Of course, one can argue that you should not let the tax tail wag the investment dog.
So, at the end of the day, when everything is said and done, am I right in stubbornly owning individual stocks. Well, if I am wrong, I am not the only one.
NB. I have calculated a CAGR for my entire portfolio and not for different asset allocations of it. It is quite possible that the Canadian equity parts "total return" compares quite well with the TSX. For me to find this out would take hundreds of hours sifting through about 300 financial account statements. I do not feel like doing this at this time.
"The term is over: the holidays have begun. The dream is ended: this is the morning."-C.S.Lewis, The Last Battle