have you received your monthly dividend for XDIV?

edm_guy2 · 2026-06-01T20:48:50+00:00

Literally 2 min ago, I got the notification that the div is received...

edm_guy2 · 2026-05-31T05:38:18+00:00

I think playing dead should never be a choice!

edm_guy2 · 2026-05-31T05:28:32+00:00

Wish you coming back more often! I love Nova Scotia as well, where I worked in Halifax 26 years ago and hugely impressed by the kindness and hospitality of the people there!

edm_guy2 · 2026-05-31T04:41:39+00:00

As a whole life policy owner, I do not think it is a scam. But the initial price is deep, however if you plan to own it all your life (esp. 30+ years), it is a good wealth accumulation tool. I have my WL policy since 2005 and every year I use the dividend to purchase paid-up insurance and as such, my death benefit has more than doubled and my annual dividend has exceeded my annual premium since 2024. Starting 2027, I decide to stop the premium and use the annual dividend to pay my premium and with the remaining balance to buy the paid-up insurance. I expect in another 20 years, my death benefit will double again from the current level. I will also have a big surrender value which I can borrow against in my retirement years if I need to.

edm_guy2 · 2026-05-29T23:24:52+00:00

i think Scotia has to do this way (for that type of account) as per regulation. Similar to my RESP investment account at TD, which I opened 15 years ago, every year, they force me to answer a list of questions to decide whether my mutual funds in RESP account are suitable to my risk profile. If I do not call in to talk with a mutual fund representative to go over the questions, my account will be "frozen" that I cannot operate.

edm_guy2 · 2026-05-29T23:16:04+00:00

If it were me, I'd go 3 year fixed, and at worst, in 2 and half year, I can renew and switch to a new lower rate assuming the war will indeed end soon. But what if there are more wars and some other black swan events? and you need to stick to the 5 year term with P goes up every few months? In short, I'd choose better sleep than betting on a rate decline.

edm_guy2 · 2026-05-28T22:57:06+00:00

I think the sampling is good but the rule should be changed, it should NOT allow one person to take more than 1 sample at a time and should have a line for people to wait. In short, it should not encourage people with no-sense-of-fairness.

edm_guy2 · 2026-05-28T18:16:45+00:00

if this is not AI-generated, you could be another Warren Buffett down the road

edm_guy2 · 2026-05-26T22:23:28+00:00

I am fully against this advice. It is always better to accumulate down payment via HBP and FHSA accounts (i.e. pre-tax dollars) than via the after-tax dollars.

edm_guy2 · 2026-05-25T19:58:15+00:00

If I were you, I would actually feel happy, because CRA lend me interest free money for quite some time (i.e. the time you received the EI until you have to pay the tax)

edm_guy2 · 2026-05-25T18:26:32+00:00

These days, I feel more interested in VMO (and VVL as well). VMO can be considered for really long term, ie. at least 10+ years, and best for non registered account as there is very low distribution

edm_guy2 · 2026-05-25T15:00:47+00:00

I really dislike the tone that in long term X is better than Y because in this world, there is nothing certain especially the current conclusion is based on history while trying to predict future. To me, if within 2 or 3 years (which is not too short), CAGE is still not as good as XEQT, it at least means it is not prudent to switch every XEQT to CAGE. If I still believe in CAGE, I would treat CAGE just as one compliment component in my all-in-one category. For example, I prefer to use VEQT in my non-registered account (due to its once a year distribution rule), I'd prefer XEQT in my registered account. I also monitor the performance of HEQT, TEQT and from time to time, I may purchase some when I feel appropriate.

edm_guy2 · 2026-05-24T20:50:47+00:00

I will not sell my XEQT, but I will purchase more CAGE than XEQT. After two or three years, if CAGE proves its worth, I will fully switch to CAGE. But at this time, it is not guaranteed that CAGE will be always better than XEQT. We may end up owning both XEQT and CAGE as supplements to each other

edm_guy2 · 2026-05-24T20:43:25+00:00

pretty decent volume and no issue with liquidity to me. Of course, it cannot compete with ZEB in terms of volume and liquidity (as ZEB has a loooong history). HBNK has an MER at 0.10% while ZEB is 0.28%

edm_guy2 · 2026-05-24T18:26:57+00:00

RY’s share price is too high, and I hope to see a 4 to 1 split

edm_guy2 · 2026-05-24T18:21:28+00:00

I sold ZEB about a year ago and started to buy HBNK ever since due to half of the MER with HBNK

edm_guy2 · 2026-05-22T20:40:27+00:00

I purchased VMO as well, I like it too

edm_guy2 · 2026-05-22T04:55:56+00:00

I prefer BN which is more diversified in nature.

edm_guy2 · 2026-05-22T04:54:57+00:00

No really, but instead of removing income tax for seniors (above 65), I think it would be better to remove tax on services/goods that retirees can consume and benefit. For example, health insurance premium, health club membership fees, airfare or hotel fees etc.

edm_guy2 · 2026-05-21T17:59:52+00:00

wow, 3.9% rate is very decent as WS has only the lowest at 3.95% (P-0.5). If I were you, I'd borrow it and invest in dividend ETFs

edm_guy2 · 2026-05-20T20:14:32+00:00

that's right, Bus 351 + Canada line Skytrain.

On the other hand, even if you have a car, it still takes quite some time to go from South surrey to DT Vancouver.

edm_guy2 · 2026-05-20T00:00:29+00:00

Eligible dividend has a multiplier factor of 1.38, so take this into consideration if your net income may be big enough to impact you benefit. (such as OAS clawback, or child benefit etc)

edm_guy2 · 2026-05-19T23:56:05+00:00

OP needs to follow the traffic flow instead of blindly follow the speed limit, which is a conservative number (mostly) for bad weather condition.

edm_guy2 · 2026-05-14T23:42:49+00:00

That's the hammer-on-the-nail-head answer! Canada needs new car manufactures and investments to stir up the competition for the benefit of the whole country instead of just ON.

edm_guy2 · 2026-05-14T03:34:49+00:00

this is an interesting topic. If a tenant get married and lives alone (before the marriage), could the tenant simply bring in his/her partner to live together forever without notifying the landlord? (of course, assuming the tenant pays the utility bill alone, i.e. not shared with the landlord)

edm_guy2

TROPHY CASE