tag:blogger.com,1999:blog-6818486532233792196.post789617560799751563..comments2024-03-18T14:35:45.389-04:00Comments on The Dividend Girl: My investment portfolio on date of February 8, 2012Sunnyhttp://www.blogger.com/profile/10439081666297874311noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-6818486532233792196.post-79039770617455630822012-02-22T12:50:44.680-05:002012-02-22T12:50:44.680-05:00My post where I mentioned Questrade and TFSA
If ...My post where I mentioned Questrade and TFSA <br /><br />If you take money out, you cannot put this money back in until the following year. Take 500 out in 2011 then your new contribution limit is 500 +5000 = 5500 for 2012.<br /><br />Questrade lets you take money out whenever you want. I assuming there are other brokers that let you do this.<br /><br />Margin or non-registered cash accounts has its benefits as well.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-83089057456430227872012-02-21T13:44:40.433-05:002012-02-21T13:44:40.433-05:00TFSA was not created for rich people. It was creat...TFSA was not created for rich people. It was created as a "rainy day" account for the middle class & for people starting out in life. Its greatest impact is on interest bearing instruments ie. saving accounts, gic's, not divi or capital gains--that are for the "rich". There's not enough contribution headroom for the "rich people" to squirrel their money. The cumbersome "withdrawl/repayment" business was created to discourage short term money parking. The really bad part is that most institutions (with only one exception I know) charge a fee or require a large investment account balance for servicing this account. Cheers! Anony-oompa-loompaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-88489104611354778542012-02-20T16:04:07.146-05:002012-02-20T16:04:07.146-05:00Direct Investing allows me to withdraw my TFSA inc...Direct Investing allows me to withdraw my TFSA income whenever I want to. Quite convenient.Seanhttps://www.blogger.com/profile/06467590420422811261noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-10994449030893812512012-02-10T12:41:58.618-05:002012-02-10T12:41:58.618-05:00But Sunny, surely you don't take money from ...But Sunny, surely you don't take money from all your stocks on a regular basis...this is tax free from our government..how many breaks do u get from them,,can't you take out , say an amount once a year to cover a certain item...anything that saves on taxes is a good thing for all people.Ruthnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-22557292354413671212012-02-10T00:03:08.578-05:002012-02-10T00:03:08.578-05:00Your TFSA is with TD Waterhouse I assuming. They a...Your TFSA is with TD Waterhouse I assuming. They allow only one free withdrawal a year.<br /><br />Search the other brokers and you will find at least one that you can make multiple withdrawals for free. You can not put this money back in to the following year. My broker is Questrade and they allow multiple withdrawals without having to pay for them. <br /><br />I agree that you should invest in your non-registered account due to the margin.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-50309799969673086432012-02-09T23:00:41.119-05:002012-02-09T23:00:41.119-05:00Hi Sunny-Wow you are really diversified girl!! How...Hi Sunny-Wow you are really diversified girl!! How about diversifying according to country/a specific market too(like The Chinese Market/ South Asia)?<br /><br />Mark<br /><br />PS-I agree with anony-maximus-you should limit your ideas and invest around them. For example one idea that I have is the idea that as demographics in Western Economies age there will be a need for new therapies to extend life/the working population-and I have positioned my portfolio accordingly.<br /><br />Cheers,<br /><br />MarkAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-1992773340683347882012-02-09T19:41:10.008-05:002012-02-09T19:41:10.008-05:00!!!!!!Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-11860121631901900952012-02-09T19:32:53.436-05:002012-02-09T19:32:53.436-05:00She doesn't really need the TFSA because she p...She doesn't really need the TFSA because she probably has more than enough losses to write off anyway.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-44901525294895323942012-02-09T19:22:13.990-05:002012-02-09T19:22:13.990-05:00The dividend earn inside a TFSA are free of any ta...The dividend earn inside a TFSA are free of any taxes, BUT the money in stuck there and static. I cannot withdraw the money every month to pay gas for my car or any other thing.<br /><br />TFSA was made for RICH people who don't need their cash to survive.<br />A super dumb initiative coming from Tories who are looking to jack up to 67 the retirement age. Instead of doing so, they should banish TFSA. <br /><br />Canadians are bunch of stupid people for having massively vote for Harper. Today, our seniors are paying the price for the stupidity.<br /><br />I don't like and I don't care about TFSA. My dividend cash, I want to have the freedom to do whatever I want to with it EVERY SINGLE MONTH OF MY LIFE. Not only once a year.Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-4162869871906113162012-02-09T17:38:23.091-05:002012-02-09T17:38:23.091-05:00but if you just transfer one of your stocks to the...but if you just transfer one of your stocks to the tax free fund , you are not taking money out of JE or Pengrowth , you might as well earn tax free money with those.Ruthnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-45258020630060332962012-02-09T17:19:51.753-05:002012-02-09T17:19:51.753-05:00I did not maximize my TFSA because I have a margin...I did not maximize my TFSA because I have a margin account and I always invest mostly in the non-registered account to boost my margin value and keep it secure, kind of.<br /><br />TFSA kind of suck, only one withdraw authorize per year. I can do more, but extra withdraws will cost money. I need more flexibility with my money. I don't like TFSA much. It's good for the real rich.<br /><br />Hi Liquid,<br /><br />I have to say, I am getting better at the thing. The 200k is going to pop up soon.... just watch up. :)<br /><br />I don't understand the third comment.Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-84584668373777778332012-02-09T14:33:08.066-05:002012-02-09T14:33:08.066-05:00I've seen ETF's with fewer holdings...lol ...I've seen ETF's with fewer holdings...lol O.K. Is there any idea here what the ROI is (assuming everything is DRIPed)? Book values? What is the aggregate Div yield? New (infused) capital? What is the debt (margin/personal)?... Net worth increase/decrease? Wheres THE ACCOUNTANT when you need him? Now lets get to some of the nitty gritty: maybe someone can enlighten me abt seg funds, but i think the only benefit is for your heirs when you die. So why? Some of the overlap is scary. We have HGY, CGL, RBC Prec Met, PHS, all commodity plays chasing metals, sometimes the same metal. Then we throw in Bluenote (chasing gold) then DNI (nickel). There's really no consumer goods here execept for booze: CDL.A PBH There doesn't seem to be any fixed term investments here, they may be hidden inside some of the mutuals, but I haven't that much time (wow what a LOT of mutuals going every which way). Some of the funds & ETFs are income ones, not growth ones. Why? planning on retiring soon? All we have is less than 2 thousand dollars in cash/cash equivalents. IMHO its time to sell off & consolidate this portfolio to properly diversify & risk manage. Help!! Cheers, Anony-maximus.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-48777197328413162862012-02-09T12:39:01.035-05:002012-02-09T12:39:01.035-05:00Thanks for the update D-girl. Smart choice for buy...Thanks for the update D-girl. Smart choice for buying AGU in December. Some of your stocks have done really well.Liquid Independencehttp://www.freedomthirtyfiveblog.comnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-41569046574228373842012-02-09T07:15:34.342-05:002012-02-09T07:15:34.342-05:00You have contribution room in your TFSA of $15,396...You have contribution room in your TFSA of $15,396. It would make a lot of sense to move some of your higher dividend payers (JE, DH) there, so you can earn that income tax free. Any income you withdraw in a given year adds to your TFSA contribution room the following January - it's a good way to increase the tax sheltering of your holdings.Anonymousnoreply@blogger.com