Friday, April 12, 2013

Short Takes: Dividend Reinvestmenmt in Taxable Accounts and more

Canadian Couch Potato explains why you should avoid automatic dividend reinvestment in taxable accounts.

Mr. Money Mustache has some sensible thoughts on living a life without line-ups.

The Blunt Bean Counter explains “how financial institutions misreport or don't adjust their realized capital gain/loss reports for the adjusted cost base reduction on flow-through shares.”

Big Cajun Man explains the generous matching of contributions to a Registered Disability Savings Plan (RDSP).

My Own Advisor has a sensible set of 2013 financial goals and is on track so far this year.


  1. Thanks for the inclusion, hopefully this weekend won't be as weird weather wise as they are predicting. Here is hoping those who CAN use an RDSP, DO use an RDSP

  2. Thanks for the mention Michael. Have a great weekend watching the golf, Tiger and Rory made the cut :)

  3. Hi Michael,

    I've been reading and enjoying your blog for a long while now. I was wondering if you'd be willing to share with us what your portfolio looks like; not asking for amounts but rather the different pieces of the pie. I'm having a hard time deciding how much Cdn vs. rest of the world, currency hedged vs. not hedged, etc. I'd like to see what knowledgeable people are doing. Since I have a great DB plan, I'm more inclined to go with stocks vs. bonds, but that's where I get stuck. Also worried about OAS clawbacks one day. Sorry for the rambling.

    1. @Larry: I'm reluctant to share the full details of my portfolio because I'd hate to have others repeat my mistakes or choose investmetns that are right for me but not them. I can tell you that I don't hedge currencies for 2 reasons. Hedging has a cost that drags down returns every year, and a non-trivial amount of my expenses are in U.S. dollars. In my stock investments, I have roughly 40% Canadian, 40% U.S., and 20% foreign. I've said before that I don't own any other asset classes for my long-term savings. But, I also own my home outright and have excellent job prospects if I chose to look for another employer. So, my portfolio needs may not match other investors' needs.