Comments on: This and That http://www.canadiancapitalist.com/this-and-that-44/ Helping you invest and prosper Sat, 11 Feb 2012 12:40:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Canadian Capitalist http://www.canadiancapitalist.com/this-and-that-44/#comment-36349 Canadian Capitalist Wed, 16 May 2007 22:50:34 +0000 http://www.canadiancapitalist.com/2007/05/03/this-and-that-44#comment-36349 IPO = It's Probably Overpriced. I am still capturing my Canadian equity portion using stocks, but there's no way I am going to invest in an IPO. IPO = It’s Probably Overpriced.

I am still capturing my Canadian equity portion using stocks, but there’s no way I am going to invest in an IPO.

]]> By: Dave http://www.canadiancapitalist.com/this-and-that-44/#comment-36347 Dave Wed, 16 May 2007 22:46:42 +0000 http://www.canadiancapitalist.com/2007/05/03/this-and-that-44#comment-36347 There is no way I would buy stock in Lululemon. This yoga trend will die out eventually and so will the tight pants. It also has tons of competition nowadays. Walk down 4th Ave. in Vancouver and witness all the Lululemon wannabe stores. There is no way I would buy stock in Lululemon. This yoga trend will die out eventually and so will the tight pants. It also has tons of competition nowadays. Walk down 4th Ave. in Vancouver and witness all the Lululemon wannabe stores.

]]> By: Monty Loree http://www.canadiancapitalist.com/this-and-that-44/#comment-33805 Monty Loree Sun, 06 May 2007 15:57:40 +0000 http://www.canadiancapitalist.com/2007/05/03/this-and-that-44#comment-33805 Hey CC, I'm glad you're participating in the Canadian Tour of Personal Finance blogs. That is good news! I register you into our system. I also want to thank you for hosting the event on May 22, 2007. I know that you bring along alot of experience with these Tours and Carnivals. Please do contact me by email to coordinate the tour items. Thanks again for participating... Hey CC,
I’m glad you’re participating in the Canadian Tour of Personal Finance blogs. That is good news! I register you into our system.

I also want to thank you for hosting the event on May 22, 2007. I know that you bring along alot of experience with these Tours and Carnivals.

Please do contact me by email to coordinate the tour items.

Thanks again for participating…

]]> By: hepman http://www.canadiancapitalist.com/this-and-that-44/#comment-33573 hepman Sat, 05 May 2007 12:54:17 +0000 http://www.canadiancapitalist.com/2007/05/03/this-and-that-44#comment-33573 When I retire I want to golf, learn to curl maybe, travel a lot till I get to feeble to do it, spend money helping my neice and nephew etc. I will need more than 100% of my current income the way I see it :) When I retire I want to golf, learn to curl maybe, travel a lot till I get to feeble to do it, spend money helping my neice and nephew etc. I will need more than 100% of my current income the way I see it :)

]]> By: Mike http://www.canadiancapitalist.com/this-and-that-44/#comment-33380 Mike Fri, 04 May 2007 14:43:30 +0000 http://www.canadiancapitalist.com/2007/05/03/this-and-that-44#comment-33380 Lol. Steve, you just described a day in the life of my (retired) dad. Lol. Steve, you just described a day in the life of my (retired) dad.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/this-and-that-44/#comment-33379 Canadian Capitalist Fri, 04 May 2007 14:11:33 +0000 http://www.canadiancapitalist.com/2007/05/03/this-and-that-44#comment-33379 The <a href="http://www.fidelity.ca/fidelity/media/downloads/press_releases/eng/pr_retirement_math_010507.pdf" rel="nofollow">Fidelity press release</a> on the "new retirement math" is pretty thin on details. It simply says that its research shows that Canadians would need 80% of their pre-retirement income to maintain their current lifestyles. I have requested a copy of the full report, so hopefully we can find out the details. Steve: Couldn't agree with you more. Expenses in retirement will vary just like before. You may have to postpone that trip you've been meaning to take for the next year because unexpected expenses came up. The key is being flexible, which as Mike points out, is similar to our working years. The Fidelity press release on the “new retirement math” is pretty thin on details. It simply says that its research shows that Canadians would need 80% of their pre-retirement income to maintain their current lifestyles. I have requested a copy of the full report, so hopefully we can find out the details.

Steve: Couldn’t agree with you more. Expenses in retirement will vary just like before. You may have to postpone that trip you’ve been meaning to take for the next year because unexpected expenses came up. The key is being flexible, which as Mike points out, is similar to our working years.

]]> By: Steve Heath http://www.canadiancapitalist.com/this-and-that-44/#comment-33377 Steve Heath Fri, 04 May 2007 14:00:55 +0000 http://www.canadiancapitalist.com/2007/05/03/this-and-that-44#comment-33377 LOL Mike... I could even maybe see the condos if tons of boomers want to abandon houses for condos and there aren't enough condos out there, but having more time to shop! How about more time to sit there for hours trying to get you to lower your price by a nickel or two, or drive two towns over to save at most a buck or two after paying for the gas :) LOL Mike… I could even maybe see the condos if tons of boomers want to abandon houses for condos and there aren’t enough condos out there, but having more time to shop! How about more time to sit there for hours trying to get you to lower your price by a nickel or two, or drive two towns over to save at most a buck or two after paying for the gas :)

]]> By: Mike http://www.canadiancapitalist.com/this-and-that-44/#comment-33362 Mike Fri, 04 May 2007 12:34:20 +0000 http://www.canadiancapitalist.com/2007/05/03/this-and-that-44#comment-33362 Steve, you're absolutely correct. However some of the "rationale" for seniors needing more money that I've seen are: "they have more time to shop, participate in expensive activities", "tend to buy more expensive condos than the house they used to live in". Rubbish - once you are retired you have to live within your means. Steve, you’re absolutely correct. However some of the “rationale” for seniors needing more money that I’ve seen are: “they have more time to shop, participate in expensive activities”, “tend to buy more expensive condos than the house they used to live in”. Rubbish – once you are retired you have to live within your means.

]]> By: Steve Heath http://www.canadiancapitalist.com/this-and-that-44/#comment-33336 Steve Heath Fri, 04 May 2007 11:07:20 +0000 http://www.canadiancapitalist.com/2007/05/03/this-and-that-44#comment-33336 The only problem with saying 60%, or 80% of your income is that when you are very advanced in years, you may need a nursing home, and those things are not cheap! So you might start needing 100% of your income, drop down to 60%, and then in your 90's jump up to needing 100% again. Now, if you own your own home, that's not so big a deal because if you're moving into a nursing home, you're most likely selling your current home and freeing up that equity, which should make the difference, but if you've already liquidated that, then you theoretically could have a problem. I have no idea what percentage is "right", I'm just saying that there are times when expenses go back up in retirement. The only problem with saying 60%, or 80% of your income is that when you are very advanced in years, you may need a nursing home, and those things are not cheap! So you might start needing 100% of your income, drop down to 60%, and then in your 90′s jump up to needing 100% again.

Now, if you own your own home, that’s not so big a deal because if you’re moving into a nursing home, you’re most likely selling your current home and freeing up that equity, which should make the difference, but if you’ve already liquidated that, then you theoretically could have a problem.

I have no idea what percentage is “right”, I’m just saying that there are times when expenses go back up in retirement.

]]> By: Mike http://www.canadiancapitalist.com/this-and-that-44/#comment-33335 Mike Fri, 04 May 2007 11:05:18 +0000 http://www.canadiancapitalist.com/2007/05/03/this-and-that-44#comment-33335 Rob, I was wondering about that myself (shill part). That increased income retirement stuff is stupid - they always talk about how seniors "are needing more money these days"...how bout seniors spend what they have available to them and no more? Kind of like the rest of us. Rob, I was wondering about that myself (shill part).

That increased income retirement stuff is stupid – they always talk about how seniors “are needing more money these days”…how bout seniors spend what they have available to them and no more? Kind of like the rest of us.

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