tecmo’s Activity

Tue Jan 27

NL

Boards Post

tecmo replied to the Canada (General) board. 3:22 AM

Re: Macro Outlook

Our banks have become transaction machines and not real "banks" anymore (at least when it comes to mortgages). They are just middle men who package up loans and then sell them to the government and then pocket a decent profit. Good for [more]

Mon Jan 26

NL

Boards Post

tecmo replied to the Canada (General) board. 2:26 PM

Re: Macro Outlook

http://fw.to/sGgq8RV

Summary
- Prediction for a "low 0.70" dollar
- Another rate cut expected in March
- Call for some sort of controls on mortgage lending

tecmo
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NL

Boards Post

tecmo replied to the Canada (General) board. 12:01 PM

Re: Nibble

More nibbling; purchased some more Microsoft shares today. They report earnings after the market today; expectations are for 0.71 per share and revenue of $26.33B.

tecmo
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Wed Jan 21

NL

Boards Post

tecmo replied to the Canada (General) board. 3:15 PM

Re: Macro Outlook

http://www.huffingtonpost.ca/2015/01/08/canada-housing-debt-...

And in another report released this week it showed debt levels rising at [more]

NL

Boards Post

tecmo replied to the Canada (General) board. 10:21 AM

Re: Macro Outlook

2. The BoC will be under a lot of pressure to raise short term rates to defend the dollar

I didn't see that coming (the drop in short term interest rates).

[more]

Tue Jan 20

NL

Boards Post

tecmo replied to the Canada (General) board. 3:52 PM

Re: Macro Outlook

Some additional thoughts.

1. There is a strong chance that long term Bond Yields in Canada stay low. We will be facing very low inflation (core inflation anyway) and Canada is not a default risk. (the 10Y in Denmark is 0.50% for example). [more]

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Boards Post

tecmo posted to the Canada (General) board. 10:03 AM

Macro Outlook

Would be interested to hear from others on what sort of Macro outlook you have for Canada the next 18 months. In my simple minded view.


US Economy continues to expand at 3% or higher; which raise US short term interest rates and Bond [more]

Tue Jan 6

NL

Boards Post

tecmo replied to the Canada (General) board. 10:52 AM

Re: Nibble

I took another nibble; more SPY and BRK. Any predictions on

- CAD (now at 0.85)
- Bond Yields (US 10Y under 2%)
- EUR (under 1.20 USD)
- OIL (now under $50 USD)

To me this seems to be the final blow back of the [more]

Sat Jan 3

NL

Boards Post

tecmo replied to the Living Below Your Means board. 11:12 AM

Re: Lowering my cable bill

I am glad you had a good experience with AT&T; mine was a bit different. I signed up with them a few years ago for their "$100 a month plan" (some basic tv, internet and phone). When I got my first bill it was like $108.00 or so; [more]

Thu Dec 18

NL

Boards Post

tecmo replied to the Canada (General) board. 3:11 PM

Re: Nibble

I have a lot of USD Cash right now and I am keeping it invested in USD securities. My target for the CAD is around 0.80 and if it reaches that I will probably move some money back into CAD.

PFE still has a stable decent yield and I don't [more]

Wed Dec 17

NL

Boards Post

tecmo replied to the Canada (General) board. 3:31 PM

Re: Nibble

Deployed some more cash this morning. Nothing fancy just adding to existing positions (PFE, BRK-B)

tecmo
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Sat Dec 13

NL

Boards Post

tecmo replied to the Canada (General) board. 3:10 AM

Re: XDV

I actually use it as a place to store cash that I don't have a home for

Unfortunately there is no home for cash these days... however with inflation low the cost to hold cash is not terrible (lose on average 2% per year to [more]

Fri Dec 12

NL

Boards Post

tecmo posted to the Canada (General) board. 3:25 PM

XDV

http://finance.yahoo.com/q/hl?s=XDV.TO+Holdings

Anyone looking for a passive way to enter the market should take a look at XDV. It is now trading near a 52w low as market is [more]

Wed Dec 10

NL

Boards Post

tecmo replied to the Canada (General) board. 3:41 AM

Re: Banks and Dividend Ratios

but it wouldn't seem logical to use total height + leg length, which would double count the leg length.

Unless the leg length was more important than the body height (maybe people with long legs can jump higher or are faster [more]

Tue Nov 18

NL

Boards Post

tecmo posted to the Major League Baseball board. 5:01 AM

Stanton: 13Y $325M

Hard to predict where league revenues will be 10+ years out; but my sense is that $25M is still going to be a large chunk of the team payroll.

Here is a nice take:
[more]

Fri Nov 14

NL

Boards Post

tecmo replied to the Canada (General) board. 4:08 AM

Re: Capital Gains Treatment or Professional Investor

Mitch, IANAL but typically with CCRA your only recourse is precedent. There are no "rules" and that is why your accountant can only provide guidance. If CCRA does determine you are a day-trader you could of course appeal, or ultimately take [more]

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Boards Post

tecmo replied to the Canada (General) board. 4:03 AM

Re: Help - CC Balance Transfer Did Not Complete

Ask CIBC for a transaction tracing number for the 4000 that they put on the card - clearly the money must have gone somewhere. Then provide that number to Walmart and see if they can find it.

Your best action if that fails is probably to [more]

Thu Jul 31

NL

Boards Post

tecmo posted to the Canada (General) board. 4:57 PM

Nibble

Took a nibble at the market today - I have a feeling there will be more (and better) opportunities through now and the end of August).

tecmo
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Score 1371.32
Score Change Today -26.76
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Boards Stats & Trivia

Big red star, 1000 posts Old School Fool CAPS All Star
Board Posts 4116
Recs Received 2990
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Threads Started 1328
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Most Frequent Board Canada (General)
Very First Post Re: Mechanical Methods for beating the TSE (11/11/1998)
Percentage of Posts Rec'd 32.60 %
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