Comments on: Filling My Asset Allocation http://www.diyfinances.com/2006/04/12/filling-my-asset-allocation/ Take control of your finances. Fri, 21 Nov 2008 07:51:33 +0000 http://wordpress.org/?v=2.5.1 By: Eric http://www.diyfinances.com/2006/04/12/filling-my-asset-allocation/#comment-13650 Eric Fri, 28 Sep 2007 04:36:57 +0000 http://www.diyfinances.com/2006/04/12/filling-my-asset-allocation/#comment-13650 Sorry, my email is not complete for previous post. Sorry, my email is not complete for previous post.

]]> By: Eric http://www.diyfinances.com/2006/04/12/filling-my-asset-allocation/#comment-13649 Eric Fri, 28 Sep 2007 04:35:48 +0000 http://www.diyfinances.com/2006/04/12/filling-my-asset-allocation/#comment-13649 I am also interested in DRIP. But don't know where to get first share. Can you let me know howto get it and what is average cost for them? Thanks a lot. Newbie I am also interested in DRIP. But don’t know where to get first share. Can you let me know howto get it and what is average cost for them?

Thanks a lot.

Newbie

]]> By: average_joe http://www.diyfinances.com/2006/04/12/filling-my-asset-allocation/#comment-322 average_joe Mon, 22 May 2006 05:10:28 +0000 http://www.diyfinances.com/2006/04/12/filling-my-asset-allocation/#comment-322 All the big bank brokerages are very competitive (with each other!). Not much to distinguish them from each other. If I had to suggest one, it would probably be TD Waterhouse as that will allow you to purchase TD e-Funds (lowest cost mutual fund index funds available in Canada). You cannot purchase e-Funds from any other discount broker. What I don't like about TD is that some of the mutual funds have sale charges. I hate that. I believe that ScotiaMcLeod allows you to buy, sell and switch all the funds that they sell free of charge. But, you can't buy e-Funds from them. The next lowest cost alternative to TD e-Funds would be the Altamira Precision index funds. All the big bank brokerages are very competitive (with each other!). Not much to distinguish them from each other.

If I had to suggest one, it would probably be TD Waterhouse as that will allow you to purchase TD e-Funds (lowest cost mutual fund index funds available in Canada). You cannot purchase e-Funds from any other discount broker. What I don’t like about TD is that some of the mutual funds have sale charges. I hate that.

I believe that ScotiaMcLeod allows you to buy, sell and switch all the funds that they sell free of charge. But, you can’t buy e-Funds from them. The next lowest cost alternative to TD e-Funds would be the Altamira Precision index funds.

]]> By: Jenny http://www.diyfinances.com/2006/04/12/filling-my-asset-allocation/#comment-320 Jenny Sun, 21 May 2006 01:59:02 +0000 http://www.diyfinances.com/2006/04/12/filling-my-asset-allocation/#comment-320 Hi, I am new in Canada. Love your website! What online brokerage do you use? Any recommendation? Thanks. Hi, I am new in Canada. Love your website! What online brokerage do you use? Any recommendation?

Thanks.

]]> By: Average_Joe http://www.diyfinances.com/2006/04/12/filling-my-asset-allocation/#comment-117 Average_Joe Wed, 19 Apr 2006 02:11:36 +0000 http://www.diyfinances.com/2006/04/12/filling-my-asset-allocation/#comment-117 Let's see. 1. Up until this year, I have maxxed out my RRSP room (which is why I was starting to invest outside by RRSP by purchasing DRIPs and e-Funds). However, I am a federal government employee, which means that my pension plan takes away most of my RRSP room. It also means that when I start to withdraw from my RRSP, it will be taxed quite high. 2. I have thought of getting rid of my GICs. Like I said, I am still tweaking my fixed income portion. I plan to purchase iUnits XBB to replace the GICs that just recently came due. 3. I own most of the Canadian DRIPs that are available (unfortunately, there really aren't that many). So I have like 3 banks, a couple of telcos, a couple of utilities, a REIT, an oil trust, couple of gas companies, etc... My DRIPs are still a small portion of my portfolio as a whole. Of all my DRIPs, my oil trust really took off (62% return in 1 year). So it has become the biggest part of my DRIP portfolio. Let’s see.

1. Up until this year, I have maxxed out my RRSP room (which is why I was starting to invest outside by RRSP by purchasing DRIPs and e-Funds). However, I am a federal government employee, which means that my pension plan takes away most of my RRSP room. It also means that when I start to withdraw from my RRSP, it will be taxed quite high.

2. I have thought of getting rid of my GICs. Like I said, I am still tweaking my fixed income portion. I plan to purchase iUnits XBB to replace the GICs that just recently came due.

3. I own most of the Canadian DRIPs that are available (unfortunately, there really aren’t that many). So I have like 3 banks, a couple of telcos, a couple of utilities, a REIT, an oil trust, couple of gas companies, etc… My DRIPs are still a small portion of my portfolio as a whole. Of all my DRIPs, my oil trust really took off (62% return in 1 year). So it has become the biggest part of my DRIP portfolio.

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