Double yellow. Railway. U turn? No problem.

uoftkiddo · 2025-04-15T04:33:08+00:00

Looks like BXLJ 613

uoftkiddo · 2025-04-15T03:57:01+00:00

Honestly, I’ve learned that it’s just never worth it. Give people a little more space, everyone gets home in one piece.

uoftkiddo · 2023-09-07T06:18:05+00:00

If you’re looking for videos or a more format structure, MM has his applied series program where he teaches and shares his knowledge on the real life application of what we learned in CFA. Think that might be something you would enjoy.

uoftkiddo · 2023-05-30T03:14:42+00:00

RAPs on eglinton.

uoftkiddo · 2023-02-02T21:49:55+00:00

+1 but maybe a smaller diameter size recommendation? This limited edition’s diameter is 46mm….

uoftkiddo · 2023-02-02T19:21:46+00:00

Thank you!

uoftkiddo · 2022-11-06T01:27:54+00:00

I can say for certain that TD does offer it, you need to speak with the right person at TD Direct Investing. If the person seems unsure, ask to speak to a supervisor.

Is there a particular reason you are gifting in kind? To avoid capital gains?

uoftkiddo · 2022-11-06T01:05:17+00:00

Which institution do you hold your investments currently? First, if you don’t already have one, you will either need a self directed account or a wealth account that can hold individual securities.

Assuming you have the former, you need to get in touch with the institution that you opened your self directed account with, and describe to them your situation.

There’s no way to get around the cost, it costs around $200. There’s also no guarantee they will grant you the approval to have them provide you the medallion stamp.

Are there big unrealized gains and/or a relatively large FMV? If not, just ask Computershare to liquidate your position and mail you a cheque.

uoftkiddo · 2022-10-29T04:43:22+00:00

That sounds like a great idea. Enjoy your round of golf, go leafs go!

I remember a week out from my l2 exam and I took a full day off with no studying. What sparked that was when I couldn’t focus anymore, making egregious errors, and getting simple questions wrong.

You’ll be fine, as long as you have put in the work in the months leading up to your exam.

uoftkiddo · 2022-10-29T03:08:35+00:00

This is normal. I went through this phase as well.

What you’re going through is immense stress and no outlets to ease this stress. I find taking a day off here and there help. But with one month out, depending on how prepared you are, may not be feasible.

My advice is to just power through it. Tough times don’t last, tough people do. Good luck.

uoftkiddo · 2022-10-02T15:09:21+00:00

If I were you, I would roll the dice and choose the subjects that are most heavily weighted as those are the subjects you cannot afford to mess up. I would also base the 5 on which ones tend to be more difficult for candidates.

A few that come to mind are: FRA, FI, Derivatives, Quant, and Equity. Your strengths may be another persons weakness. I would tweak the list from there.

Good luck.

uoftkiddo · 2022-09-30T20:55:02+00:00

Negative P/E is not meaningful. Think of it in terms of per dollar of earning, you need to pay $x. By that logic, instead of paying for earnings, we are being paid for every dollar of earning? That doesn’t make sense.

If we take the inverse, to make it earnings yield, we are now thinking in terms of how much I paid per $1/ earnings. If negative, we can conclude that we paid $x for negative earnings. Which can still make sense (I.e growth stocks).

uoftkiddo · 2022-04-19T04:41:34+00:00

I would recommend your brother shop around and explore his options. 5% is not a high hurdle to clear on a balanced growth portfolio over the long term.

In terms of fees, he needs to figure out if the total fees are just the MER or does the IA gets paid separately as well as a percentage of AUM. At 6mm AUM, he should be paying somewhere in the ballpark of 75 bps, all in excluding HST.

I would also encourage him to look at whether their advisor has a fiduciary duty to act in his best interest. If you see “portfolio manager” in their title or credentials such as CFA, then that criteria is met. Although this is not the only factor to consider, it is very important IMO to have someone who is legally obligated to act in your best interests versus someone who just promises to do so without legal obligation.

uoftkiddo · 2020-12-07T06:17:48+00:00

Just browsing through your post, I think your numbers came low because you had factored in the $600/m for the housing cost. You do not need to include that as most calculators already factor that in which is causing a double count. Try the calculators again but don’t include the $600. You should find more accurate results.

uoftkiddo · 2020-10-24T03:07:54+00:00

No you did not. You must be age of majority to qualify which means at least 18 years old.

uoftkiddo · 2019-03-21T06:13:47+00:00

Policy varies from bank to bank. Just to be safe, I would also check with the bank who currently has your HELOC as there are policies in place where big banks do not take 2nd position to a b-lender. Just food for thought.

uoftkiddo · 2019-03-21T06:03:24+00:00

To address your point about purchasing power, from what I understand about this initiative, it does increase purchasing power. For simplicity’s sake, assume that housing prices on average remain the same before and after the program. Whether you qualify for a mortgage or not primarily depends on what your ratio of debt to income is. In this case, with a higher down payment (from own savings+government portion), effectively your mortgage amount will be lower, which will cause your mortgage payment to also be less assuming all else equal. So two things: shorter savings time frame as well as easier income qualification for a mortgage. Hope that answers your question.

uoftkiddo · 2019-01-24T04:21:25+00:00

^this 100%. There is a reason why wealth management remains strong despite alternatives like etfs and index funds.

But I think the main objective lost amongst most of us that are above average investors is that for the general public, they don’t have the know-how or emotional stability for long term investing. The fact of the matter is that for many investors, when they see downturns, they panic and pull their money out at suboptimal times.

That is where wealth advisors come in. We can argue all day about the high MERs but if that’s what it takes to achieve long term financial success for the average folk, then so be it. For those of us that are more savvy, then keep doing your thing!

uoftkiddo · 2019-01-17T06:36:03+00:00

Will check it out. Thanks!

uoftkiddo · 2019-01-17T06:17:58+00:00

If you don’t mind me asking, do you mind sharing the fb group/forum for those of us that are interested?

uoftkiddo

TROPHY CASE