Comments on: Say No to PPNs http://www.canadiancapitalist.com/say-no-to-ppns/ Helping you invest and prosper Sat, 11 Feb 2012 12:40:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Thicken My Wallet » Blog Archive » 5 Investment Products I Avoid http://www.canadiancapitalist.com/say-no-to-ppns/#comment-113899 Thicken My Wallet » Blog Archive » 5 Investment Products I Avoid Fri, 15 Feb 2008 11:01:01 +0000 http://www.canadiancapitalist.com/2007/10/17/say-no-to-ppns#comment-113899 [...] of PPN range from saying no to PPNs to PPNs give you the worst of both worlds (and this from a member of the investment community). And [...] [...] of PPN range from saying no to PPNs to PPNs give you the worst of both worlds (and this from a member of the investment community). And [...]

]]> By: Traciatim http://www.canadiancapitalist.com/say-no-to-ppns/#comment-73853 Traciatim Fri, 26 Oct 2007 16:23:48 +0000 http://www.canadiancapitalist.com/2007/10/17/say-no-to-ppns#comment-73853 Do you think CIBC's offerings are any better, they seem only to charge a fee of 3-4% for the initial transaction. Info at http://www.cibcppn.com Do you think CIBC’s offerings are any better, they seem only to charge a fee of 3-4% for the initial transaction.

Info at http://www.cibcppn.com

]]> By: Best of the Week - Oct 26, 2007 | Million Dollar Journey http://www.canadiancapitalist.com/say-no-to-ppns/#comment-73783 Best of the Week - Oct 26, 2007 | Million Dollar Journey Fri, 26 Oct 2007 07:31:50 +0000 http://www.canadiancapitalist.com/2007/10/17/say-no-to-ppns#comment-73783 [...] Canadian Capitalist tells us to "Say No to PPN's" [...] [...] Canadian Capitalist tells us to "Say No to PPN's" [...]

]]> By: Best of the Week - Oct 26, 2007 | Million Dollar Journey http://www.canadiancapitalist.com/say-no-to-ppns/#comment-73784 Best of the Week - Oct 26, 2007 | Million Dollar Journey Fri, 26 Oct 2007 07:31:50 +0000 http://www.canadiancapitalist.com/2007/10/17/say-no-to-ppns#comment-73784 [...] Canadian Capitalist tells us to "Say No to PPN's" [...] [...] Canadian Capitalist tells us to "Say No to PPN's" [...]

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/say-no-to-ppns/#comment-71906 Canadian Capitalist Wed, 17 Oct 2007 15:00:38 +0000 http://www.canadiancapitalist.com/2007/10/17/say-no-to-ppns#comment-71906 Big complicated mess is a perfect description. But, hey the investor is guaranteed to get his $100 back! Big complicated mess is a perfect description. But, hey the investor is guaranteed to get his $100 back!

]]> By: Traciatim http://www.canadiancapitalist.com/say-no-to-ppns/#comment-71904 Traciatim Wed, 17 Oct 2007 14:00:46 +0000 http://www.canadiancapitalist.com/2007/10/17/say-no-to-ppns#comment-71904 Oh, and I forgot that if you sell in under 2 years there is an early redemption fee between 0.7% - 5.95% depending on how long your money was in there. Plus, how the heck do you figure out your taxes at the end when you sell and you have capital gains and interest income from bonds over the course of the investment. It sounds like a big complicated mess to me. Oh, and I forgot that if you sell in under 2 years there is an early redemption fee between 0.7% – 5.95% depending on how long your money was in there.

Plus, how the heck do you figure out your taxes at the end when you sell and you have capital gains and interest income from bonds over the course of the investment. It sounds like a big complicated mess to me.

]]> By: Traciatim http://www.canadiancapitalist.com/say-no-to-ppns/#comment-71903 Traciatim Wed, 17 Oct 2007 13:57:55 +0000 http://www.canadiancapitalist.com/2007/10/17/say-no-to-ppns#comment-71903 So let me get this straight, the whole document basically describes: 1) You pay 5% up front to buy the fund 2) You pay 2.2% MER on the fund of the portion in equities 3) You pay 0.3% MER on the fund portion in bonds 4) You only buy bonds when the fund value goes below the principal value, and they only buy enough to make sure the bonds will make enough to cover your principal. Did I get that correct? I wonder if I should do a comparison between this and just using the TD E-Funds or some type of other low fee strategy. So let me get this straight, the whole document basically describes:

1) You pay 5% up front to buy the fund
2) You pay 2.2% MER on the fund of the portion in equities
3) You pay 0.3% MER on the fund portion in bonds
4) You only buy bonds when the fund value goes below the principal value, and they only buy enough to make sure the bonds will make enough to cover your principal.

Did I get that correct?

I wonder if I should do a comparison between this and just using the TD E-Funds or some type of other low fee strategy.

]]> By: FourPillars http://www.canadiancapitalist.com/say-no-to-ppns/#comment-71886 FourPillars Wed, 17 Oct 2007 11:24:34 +0000 http://www.canadiancapitalist.com/2007/10/17/say-no-to-ppns#comment-71886 Thanks for doing this public service announcement - it's ironic that investors who think they are being extra safe are just getting hosed. Thanks for the link too.. Mike Thanks for doing this public service announcement – it’s ironic that investors who think they are being extra safe are just getting hosed.

Thanks for the link too..

Mike

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