Comments on: This and That http://www.canadiancapitalist.com/this-and-that-43/ Helping you invest and prosper Sat, 11 Feb 2012 12:40:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: This and That: Q3 2010 Bank Earnings and more… | MoneySense http://www.canadiancapitalist.com/this-and-that-43/#comment-257303 This and That: Q3 2010 Bank Earnings and more… | MoneySense Tue, 07 Sep 2010 15:02:33 +0000 http://www.canadiancapitalist.com/2007/04/26/this-and-that-43#comment-257303 [...] This and That [...] [...] This and That [...]

]]> By: Ottawa boy http://www.canadiancapitalist.com/this-and-that-43/#comment-32721 Ottawa boy Tue, 01 May 2007 18:09:23 +0000 http://www.canadiancapitalist.com/2007/04/26/this-and-that-43#comment-32721 thanks for #3. We just got a pre-approved mortgage from TD Canada Trust Bank and they sprung this life insurance stuff on us and just added it to the pre-approved mortgage figures... oh figure (pun intended). Now I'm going to shop around before getting life insurance from the lender. thanks! thanks for #3. We just got a pre-approved mortgage from TD Canada Trust Bank and they sprung this life insurance stuff on us and just added it to the pre-approved mortgage figures… oh figure (pun intended). Now I’m going to shop around before getting life insurance from the lender. thanks!

]]> By: boobytrapped http://www.canadiancapitalist.com/this-and-that-43/#comment-32320 boobytrapped Sun, 29 Apr 2007 17:43:21 +0000 http://www.canadiancapitalist.com/2007/04/26/this-and-that-43#comment-32320 We just agreed to purchase a house, and I'm really glad to have found #2. I had missed this news. We were paying down ~15%, and given this news it gives us more incentive to pay another 5% and save on the CMHC insurance. We just agreed to purchase a house, and I’m really glad to have found #2. I had missed this news. We were paying down ~15%, and given this news it gives us more incentive to pay another 5% and save on the CMHC insurance.

]]> By: Wolf Stone http://www.canadiancapitalist.com/this-and-that-43/#comment-31981 Wolf Stone Fri, 27 Apr 2007 22:11:18 +0000 http://www.canadiancapitalist.com/2007/04/26/this-and-that-43#comment-31981 Hello Capitalist, I did not know about #2 (probably slipped under my radar)but now that i do, it can help someone i know tremendously. Thanks for the tidbit. Hello Capitalist,
I did not know about #2 (probably slipped under my radar)but now that i do, it can help someone i know tremendously. Thanks for the tidbit.

]]> By: Steve Heath http://www.canadiancapitalist.com/this-and-that-43/#comment-31959 Steve Heath Fri, 27 Apr 2007 18:49:30 +0000 http://www.canadiancapitalist.com/2007/04/26/this-and-that-43#comment-31959 CC, wouldn't that assume that the CDN:USD rate fluctuates in the same way the CDN:EUR rate fluctuates? Haha... I typed up this elaborate example about how this could be a problem and that answered my own question. I was concerned that the USD->CDN would get out of whack with the EUR->CDN, but if that happened, the currency speculators would quickly take advantage and drive it back up, which means aside from a little friction and minor timing basically it would be the same thing. Thanks CC! Although it still would have been nice to have some of it in Euros just so I could convince the Mrs. it's time to go to Europe again whenever I liquidate some funds... if it's all in USD it'll be winters in Florida instead ;) CC, wouldn’t that assume that the CDN:USD rate fluctuates in the same way the CDN:EUR rate fluctuates?

Haha… I typed up this elaborate example about how this could be a problem and that answered my own question. I was concerned that the USD->CDN would get out of whack with the EUR->CDN, but if that happened, the currency speculators would quickly take advantage and drive it back up, which means aside from a little friction and minor timing basically it would be the same thing.

Thanks CC!

Although it still would have been nice to have some of it in Euros just so I could convince the Mrs. it’s time to go to Europe again whenever I liquidate some funds… if it’s all in USD it’ll be winters in Florida instead ;)

]]> By: ThickenMyWallet http://www.canadiancapitalist.com/this-and-that-43/#comment-31957 ThickenMyWallet Fri, 27 Apr 2007 18:10:33 +0000 http://www.canadiancapitalist.com/2007/04/26/this-and-that-43#comment-31957 The cynic in me wonders if the move in #2 means that the mortgage companies will push mortgage insurance harder on the reasoning that a home purchaser can now afford it with all the money they saved! #3 is a great reason why people should invest in insurance companies... The cynic in me wonders if the move in #2 means that the mortgage companies will push mortgage insurance harder on the reasoning that a home purchaser can now afford it with all the money they saved!

#3 is a great reason why people should invest in insurance companies…

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/this-and-that-43/#comment-31943 Canadian Capitalist Fri, 27 Apr 2007 17:31:27 +0000 http://www.canadiancapitalist.com/2007/04/26/this-and-that-43#comment-31943 Steve: Any depreciation of the USD should have no effect on European (or other foreign) ETFs are denominated in USD when converted to Canadian dollars. I hold EFA and the exchange rate that matters is the CAD and a basket of foreign currencies like Euros, Pounds and Yen. I suppose there might be a way to buy securities listed on European exchanges but the steep currency conversion fees, brokerage charges may not make it worth the trouble. Steve: Any depreciation of the USD should have no effect on European (or other foreign) ETFs are denominated in USD when converted to Canadian dollars. I hold EFA and the exchange rate that matters is the CAD and a basket of foreign currencies like Euros, Pounds and Yen.

I suppose there might be a way to buy securities listed on European exchanges but the steep currency conversion fees, brokerage charges may not make it worth the trouble.

]]> By: Steve Heath http://www.canadiancapitalist.com/this-and-that-43/#comment-31942 Steve Heath Fri, 27 Apr 2007 17:26:26 +0000 http://www.canadiancapitalist.com/2007/04/26/this-and-that-43#comment-31942 Rereading my message again I realize I should have said "why we have to buy Euro ETF's in USD or pay a hedging premium and buy it in CDN". I'd like to avoid both the premium of hedging and bypass the conversion to/from USD. Rereading my message again I realize I should have said “why we have to buy Euro ETF’s in USD or pay a hedging premium and buy it in CDN”. I’d like to avoid both the premium of hedging and bypass the conversion to/from USD.

]]> By: Steve Heath http://www.canadiancapitalist.com/this-and-that-43/#comment-31940 Steve Heath Fri, 27 Apr 2007 17:24:09 +0000 http://www.canadiancapitalist.com/2007/04/26/this-and-that-43#comment-31940 Ok, I have a question. A combination of the decline of the USD and the desire to avoid hedging fees in Canadian ETF's had me wondering why we have to buy, for example, Euro ETF's in USD. I found that ishares, for example, offers European ETF's, but that Canadians cannot buy them. Does anyone know why we are forced to use NA currencies? Ok, I have a question. A combination of the decline of the USD and the desire to avoid hedging fees in Canadian ETF’s had me wondering why we have to buy, for example, Euro ETF’s in USD. I found that ishares, for example, offers European ETF’s, but that Canadians cannot buy them. Does anyone know why we are forced to use NA currencies?

]]> By: FinancialJungle http://www.canadiancapitalist.com/this-and-that-43/#comment-31932 FinancialJungle Fri, 27 Apr 2007 16:05:59 +0000 http://www.canadiancapitalist.com/2007/04/26/this-and-that-43#comment-31932 I enjoy #3 as well. Have you heard of an offer where the insurance company will give you a discount if you buy both the life and disabilitiy policies from them? The idea is that a person cannot claim both disability and dealth simultenously, so from the company's point of view, it is statistically less risk to sell both policies to the same person then to 2 different people. I wish I can remember where I read that. I enjoy #3 as well. Have you heard of an offer where the insurance company will give you a discount if you buy both the life and disabilitiy policies from them? The idea is that a person cannot claim both disability and dealth simultenously, so from the company’s point of view, it is statistically less risk to sell both policies to the same person then to 2 different people. I wish I can remember where I read that.

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