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Investing for Financial Freedom

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Re: Investing for Financial Freedom

Postby Homeownertoo » Aug 15th, 2012, 2:01 pm

I guess that depends on what worked for them in the past. For me, things haven't changed since 2008. And I haven't suffered as a result. I've more than beaten inflation even though the TSX is still well off its June 2008 peak. And I follow what, for me, is a fairly conservative style. Maybe 'they' were flying a little too high then as well.
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Re: Investing for Financial Freedom

Postby NAB » Aug 15th, 2012, 2:50 pm

Keeping it together for the next two years, and particularly the next year, is going to be a serious challenge for far too many folk I think. And for those who were unable to do so over the past 5 years that pain is going to be extra severe IMO.

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Re: Investing for Financial Freedom

Postby Homeownertoo » Aug 15th, 2012, 3:46 pm

Why do you think the next year is going to be especially tough on many Canadians? Interest rates are going nowhere, and that's the key.
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Re: Investing for Financial Freedom

Postby NAB » Aug 15th, 2012, 4:36 pm

I think the consumer is key now moreso than low interest rates, which IMO have outlived their usefulness and are now becoming too harmful in the longer term view.

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Re: Investing for Financial Freedom

Postby NAB » Aug 16th, 2012, 7:53 pm

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Re: Investing for Financial Freedom

Postby Captain Awesome » Aug 17th, 2012, 9:40 pm



Nabs,

This is not an educational video about investing. This is a professionally made ad for investing newsletter/advising services designed to scare you into signing up. While inflation is a concern for just about anybody, claiming they can save you from it by signing up for their advice that is only available to rich people and you for some reason (5 easy payments of 89.99! Don't wait, call now!) destroys all credibility - personally I shut it off after 2 minutes.
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Re: Investing for Financial Freedom

Postby NAB » Aug 18th, 2012, 9:44 am

LOL, I never gave an opinion about what it was, I simply said it was interesting. But you cannot get much out of it to form an opinion on anyway if the attention span is limited to 2 minutes ;-)

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Re: Investing for Financial Freedom

Postby Homeownertoo » Aug 18th, 2012, 5:53 pm

NAB wrote:I think the consumer is key now moreso than low interest rates, which IMO have outlived their usefulness and are now becoming too harmful in the longer term view.

Nab

I agree that for the longer term they probably are too low, but the fact they remain low is a measure of the continuing crisis we are in. I see people still spending, jobs are relatively plentiful; I don't see any dramatic shifts there in the next year or two, at least until interest rates climb. Which is why I see them as key.
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Re: Investing for Financial Freedom

Postby Homeownertoo » Aug 18th, 2012, 5:56 pm

I've seen lots of videos like that (or read articles like it) over the years. Nothing new there. Just another example of scare-mongering to sell you something. And I'm not buying, thank you very much.

Since I initiated this forum, I think I am permitted to state that I consider such 'advice' detrimental to the kinds of sound investment approaches that I like to see discussed in this forum. Let's talk about what we can do secure our financial futures, not put them in the hands of salesmen who claim to have access to secret knowledge about what's going on in the world.
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Re: Investing for Financial Freedom

Postby Captain Awesome » Aug 18th, 2012, 6:32 pm

So...uhmmm....

Has anybody checked out Smith Maneuver strategy by now? I know Glacier raised this question some time ago.

The idea of making your mortgage payments (interest portion of it to be precise) sounds like a great idea to me - while growing a stock portfolio at the same time.
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Re: Investing for Financial Freedom

Postby Homeownertoo » Aug 19th, 2012, 6:58 am

I discussed it earlier. Try it at your own risk.
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Re: Investing for Financial Freedom

Postby GoStumpy » Dec 1st, 2012, 12:08 am

Homeowner,

I am currently putting some $$$ (not nearly maxxing out, but plan to be once debts are paid off) into TFSA & RRSP Mutual Funds through TD, picking the TD Dividend Growth ( https://www.tdassetmanagement.com/Download/TDB972E.pdf ) which has averaged return of 7.7%. I am 27, and plan to use this TFSA and RRSP as retirement only, saving for ~40 years.

Before we go any further, I can tell you are not a fan of mutual funds, but I do believe they're better than nothing!

Moving forward, I have been listening to a few financial podcasts, and have been hearing very good things about long-term investing in the S&P500.

Do you have any opinions or information on the S&P500?

I am a complete newb to investing, and until now I thought mutual funds were pretty much the only thing....


Thanks!!
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Re: Investing for Financial Freedom

Postby Static » Dec 21st, 2012, 7:35 pm

Homeownertoo wrote:Why do you think the next year is going to be especially tough on many Canadians? Interest rates are going nowhere, and that's the key.


Central Banks will keep rates low, but at the end of the day, the market sets lending rates. There is a risk the market will no longer accept zero rates and begin to sell off government debt(U.S. namely). This will drive rates up in the process. I believe this is a legitimate risk in today's economy.
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Re: Investing for Financial Freedom

Postby Captain Awesome » Jan 18th, 2013, 4:34 pm

Should I sell Pepsico? It's at 52-week high. P/E getting into 20 zone.
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Re: Investing for Financial Freedom

Postby Static » Jan 18th, 2013, 5:02 pm

Captain Awesome wrote:Should I sell Pepsico? It's at 52-week high. P/E getting into 20 zone.


What did you pay for it?
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