tag:blogger.com,1999:blog-6818486532233792196.post5938702306548985295..comments2024-03-18T14:35:45.389-04:00Comments on The Dividend Girl: Is silver still the investment of the decade?Sunnyhttp://www.blogger.com/profile/10439081666297874311noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-6818486532233792196.post-47111956204193983582012-02-19T17:28:12.904-05:002012-02-19T17:28:12.904-05:00rrsp loan is not tax deductablerrsp loan is not tax deductableAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-31979957410401208302012-02-19T07:08:53.487-05:002012-02-19T07:08:53.487-05:00did you know that some of your debt is tax deducti...did you know that some of your debt is tax deductible? did you ever include those amounts on your tax return? besides your school loan, rrsp loan tdwaterhouse margin, what are the other debts used for? are they solely used for investment purposes? you should consult an accountant too to help you out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-31033345827324824612012-02-18T17:34:15.775-05:002012-02-18T17:34:15.775-05:00Fact is, I am making more than 40k a year.
For t...Fact is, I am making more than 40k a year. <br /><br />For that reason, I have to invest in RRSP. Its almost at no choice in my case. Invest in RRSP or pay more in tax, I decided to go with a temporary tax break but that's for now, I am just not 100% sure at this point.Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-12087506060455393262012-02-14T11:59:42.675-05:002012-02-14T11:59:42.675-05:00@ anonymous: isn't that the point? Even captur...@ anonymous: isn't that the point? Even capturing PPL's performance we're looking at a meagre total portfolio return with large risk. Yes the TSX 60 did poorly in the last year. But I don't think anyone would recommend that as a sole holding. Banks have taken a beating, some worse than others. XTR (50/50 balanced) managed to hold, despite a very bumpy ride, its value with a greater than 5% divi yield (caveat- some of this big yield is Return of Capital). So has CDZ (divi aristocrats minus banks) with a 3% divi yield. Bonds have had a good run with XBB and XRB up 6% in the last 6 mos. and 7% over 3 years. GIC's are paying about 1.25% with no downside risk. The mantra: your entire investment portfolio should be treated as a single entity, asset allocation, & don't guess the market cause the train has left the station by the time you pack your bags. Cheers!! Anony-moustache.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-60151055580714768022012-02-13T21:50:40.197-05:002012-02-13T21:50:40.197-05:00PPL had a great return since Mar. 2009 but you wou...PPL had a great return since Mar. 2009 but you would never risk buying $100,000 worth of it. However you could invest the same amount in XIU and gained 50% from Mar.2009 to 2012. But don't listen to me, I'm just stupid.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-46219797572969285042012-02-13T21:35:39.645-05:002012-02-13T21:35:39.645-05:00Hi Sunny-If you are like me, making less than 40K/...Hi Sunny-If you are like me, making less than 40K/year making an RSP contribution doesn't make sense. The tax refund won't make it worth your while. I never really did understand why everyone is all hyped up about RSPs. Let's assume the following:<br />1) You want your standard of living to be higher 30 yrs from now<br />2) In order to make that happen you have to be a careful judge of risk(ie investing in stocks/bonds at the right yield/ and or price)<br />3) If you agree with statements #1 and #2-and you do end up with a higher standard of living in 'retirement' that means you have invested correctly over your investment lifetime, why would you want your portfolio taxed as employment income??(ie giving 22-42% of your portfolio's value to the gov't) How can you become financially free when your number 1 expense over your working career is taxes??? To me a TSFA is a much superior vehicle for sheltering ALL TAXES from the greedy hands of gov't.<br /><br />MarkAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-57626694756937011422012-02-13T19:05:00.273-05:002012-02-13T19:05:00.273-05:00To the anonymous that think XIU lost 1.12% in the ...To the anonymous that think XIU lost 1.12% in the last 3 years, you shouldn't be giving advice to anyone and probably not picking stocks if you can't calculate performance as XIU averaged a yearly return of 13.47% in the last 3 years.<br /><br />http://ca.ishares.com/product_info/fund/performance/XIU.htm<br /><br />Anonymous is right, Sunny hasn't made any money since she started investing and is just now recouping her losses. <br /><br />She could've been invested in a low fee mutual fund like the Mawer Canadian Equity and had a yearly average return of 17.42% for the last 3 years. That means if she would've invested 100,000 in this fund 3 years ago, she would have $161,892. The 5 year average return on that fund is 3.71%. So if she would've invested $100,000 at the high of the market before the crash 5 years ago, she would still have a gain of $20,000. <br /><br />So if you haven't made any money yet, the reason is simple. You have been picking more bad stocks than good ones (small cap, gold and silver). Yes, the Canadian market loss money last year, but had very good years in 2009 and 2010 and you should've made money since you started investing. Also, the US market and bonds did not lose money last year so a little more diversification would've helped.<br /><br />You prefer to follow guys like Sprott, Tardiff and gamble on silver & gold that hasn't paid off for you. The fact is that they don't know any more than we do. They can make predictions and like us, have a 50% chance of being right. <br /><br />While you're wondering if silver will be the investment of the decade (basically gambling), I prefer to invest in stocks people need every day. They might not double in value like you taught silver would, but they also won't lose half their value. I rather steady growth with less volatility.<br /><br />You need an investment plan and follow it, not pick what you or any other reader think is the next hot stock.<br /><br />The accountantAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-40492390617766639852012-02-13T16:30:03.952-05:002012-02-13T16:30:03.952-05:00See, last year, the market loss like 10, 11 or 12%...See, last year, the market loss like 10, 11 or 12%. How in the world do you expect a big profit? You have to be realistic. <br /><br />I always like to received investment suggestions, but if I invest or not in the suggestion is all about me. I never look into that one really. No offense, but I am just missing time and currently, I am dealing with a lot of problems, one being my RRSP contribution for 2011.Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-3555827358240567602012-02-13T10:55:41.843-05:002012-02-13T10:55:41.843-05:00Running some very rough numbers here: Book Value o...Running some very rough numbers here: Book Value of Investments (Purchase Price): $119,000 Current Market Value of Portfolio: $120,000Infused Capital (Reinvested Divi's as per 2011-2012 statement-not taking into account any other new money or other years)$1,497. Increase in Portfolio value minus new money (divi's): $585.00 ROI Less than half a per cent p.a. Cheers! Anony-hippo-pota-micesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-13134522423432608682012-02-13T00:56:19.575-05:002012-02-13T00:56:19.575-05:00The XIU lost 1.12% in the past 3 years and -9.73 i...The XIU lost 1.12% in the past 3 years and -9.73 in the past year. Meanwhile companies like PPL for example, had a return of over 140%. If you have trouble picking stocks, buy the ETFs and pay someone else to help you. Leave the more exciting fun companies to smart people like Sunny and her folllowers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-72702874044189584782012-02-12T20:30:15.797-05:002012-02-12T20:30:15.797-05:00I would like to be in an elevator alone with Jean-...I would like to be in an elevator alone with Jean-Francois Tardiff!Crystalnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-49384513900876515702012-02-12T15:34:07.317-05:002012-02-12T15:34:07.317-05:00I mention this ETF XIU several months ago and don...I mention this ETF XIU several months ago and don't margin. But don't listen to me, I'm just stupid.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-14052437555981160162012-02-12T13:45:37.814-05:002012-02-12T13:45:37.814-05:00What the heck is an "INTERNAL CAPITAL LOSS&qu...What the heck is an "INTERNAL CAPITAL LOSS"? I'm guessing its an unrealized paper loss. I would recommend anyone trying to stock pick take the Canadian Securities Course and at least 3rd year CGA accounting (if you can't read, understand, & analyze financial statements let alone perform comparison analysis & some technical analysis otherwise you,re either flying blind or on someone,s coattails, its like throwing darts at a dartboard). Anonymous above me has a valid point. This whole portfolio could have been couch potatoed ...if you don,t know what that mean google it or "lazy investor"...with better returns & less work. Cheers!! Anony-me-a-tonimousAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-34788419339819807822012-02-11T19:33:58.001-05:002012-02-11T19:33:58.001-05:00this is a very poor return. just to show by pickin...this is a very poor return. just to show by picking your own stocks, you can't do better than the stock market. you should invest in XIU ETF instead. you should be up in the past 3 years close to 12% compound annually...Anonymousnoreply@blogger.com