Comments on: Indexing My RRSP http://www.moneysmartsblog.com/indexing-my-rrsp/ Investing and Personal Finance Mon, 06 Sep 2010 13:00:34 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Festival of Stocks- October 15th Value Plays http://www.moneysmartsblog.com/indexing-my-rrsp/comment-page-1/#comment-30370 Festival of Stocks- October 15th Value Plays Tue, 08 Sep 2009 04:50:25 +0000 http://www.moneysmartsblog.com/indexing-my-rrsp/#comment-30370 [...] Pillars presents Indexing My RRSP posted at Quest For Four Pillars, saying, “A detailed description of ETF purchases from a [...] [...] Pillars presents Indexing My RRSP posted at Quest For Four Pillars, saying, “A detailed description of ETF purchases from a [...]

]]> By: Questrade Announces Slightly Lower Trading Commissions http://www.moneysmartsblog.com/indexing-my-rrsp/comment-page-1/#comment-5203 Questrade Announces Slightly Lower Trading Commissions Tue, 15 Apr 2008 09:01:31 +0000 http://www.moneysmartsblog.com/indexing-my-rrsp/#comment-5203 [...] Questrade and make large initial purchase trades,  but then much smaller subsequent trades. When I moved my RRSP, I used the $4.95 plan and paid over $10 per trade on a couple of transactions, so if this policy [...]

]]> By: CanadianInvestor http://www.moneysmartsblog.com/indexing-my-rrsp/comment-page-1/#comment-1197 CanadianInvestor Fri, 12 Oct 2007 10:53:29 +0000 http://www.moneysmartsblog.com/indexing-my-rrsp/#comment-1197 Excellent post. Have encountered all these issues too. My present policy: - use market orders so that they will get filled completely; I will pay the ask price, a little more each time but it costs less than two trades and usually the problem is that the price went up so the second trade is at a higher price; if you are patient, you can use a limit order, ''all or none'' fill and a month ''good until'' expiry and hope the price goes back down at some point - the FX difficulty doesn't go away, the only way is to leave lots of margin for error; maybe some day the brokerages will do the logical thing and build their systems to enable us to hold US $ cash Excellent post. Have encountered all these issues too. My present policy:
- use market orders so that they will get filled completely; I will pay the ask price, a little more each time but it costs less than two trades and usually the problem is that the price went up so the second trade is at a higher price; if you are patient, you can use a limit order, ”all or none” fill and a month ”good until” expiry and hope the price goes back down at some point
- the FX difficulty doesn’t go away, the only way is to leave lots of margin for error; maybe some day the brokerages will do the logical thing and build their systems to enable us to hold US $ cash

]]> By: Joe http://www.moneysmartsblog.com/indexing-my-rrsp/comment-page-1/#comment-1193 Joe Thu, 11 Oct 2007 15:24:36 +0000 http://www.moneysmartsblog.com/indexing-my-rrsp/#comment-1193 WOW! I must admit, you have inspired me to do something similar with my RRSP. However, I don't have 141k ;-) Thanks for sharing and good luck. WOW! I must admit, you have inspired me to do something similar with my RRSP. However, I don’t have 141k ;-)

Thanks for sharing and good luck.

]]> By: FourPillars http://www.moneysmartsblog.com/indexing-my-rrsp/comment-page-1/#comment-1192 FourPillars Thu, 11 Oct 2007 15:24:12 +0000 http://www.moneysmartsblog.com/indexing-my-rrsp/#comment-1192 Nobleea - I tried not to think about the $$ values when I did the trades - a lot of dough! SD - try not to over analyse things like I did. It's great to have the perfect asset allocation but nothing wrong with just going simple. Ie put part of your investment in bonds (if you want) and the equity portion maybe just do 50% USA and 50% Europe. You can always add other asset classes in later. Mike Nobleea – I tried not to think about the $$ values when I did the trades – a lot of dough!

SD – try not to over analyse things like I did. It’s great to have the perfect asset allocation but nothing wrong with just going simple. Ie put part of your investment in bonds (if you want) and the equity portion maybe just do 50% USA and 50% Europe. You can always add other asset classes in later.

Mike

]]> By: SavingDiva http://www.moneysmartsblog.com/indexing-my-rrsp/comment-page-1/#comment-1189 SavingDiva Thu, 11 Oct 2007 15:09:59 +0000 http://www.moneysmartsblog.com/indexing-my-rrsp/#comment-1189 I need to consider redistributing my 401(k)...however, I need to really study up before I make any changes. I need to consider redistributing my 401(k)…however, I need to really study up before I make any changes.

]]> By: Nobleea http://www.moneysmartsblog.com/indexing-my-rrsp/comment-page-1/#comment-1188 Nobleea Thu, 11 Oct 2007 14:46:32 +0000 http://www.moneysmartsblog.com/indexing-my-rrsp/#comment-1188 Sounds like it didn't take you long to spend $141K. Impressive! Sounds like it didn’t take you long to spend $141K. Impressive!

]]> By: FourPillars http://www.moneysmartsblog.com/indexing-my-rrsp/comment-page-1/#comment-1187 FourPillars Thu, 11 Oct 2007 14:45:23 +0000 http://www.moneysmartsblog.com/indexing-my-rrsp/#comment-1187 Telly - I didn't think you could get much of a plasma tv for $900, but good idea! DG - you're right - I think next time I may either put a market order in or have a limit that is not as likely to be reached. Mike Telly – I didn’t think you could get much of a plasma tv for $900, but good idea!

DG – you’re right – I think next time I may either put a market order in or have a limit that is not as likely to be reached.

Mike

]]> By: The Dividend Guy http://www.moneysmartsblog.com/indexing-my-rrsp/comment-page-1/#comment-1186 The Dividend Guy Thu, 11 Oct 2007 12:53:52 +0000 http://www.moneysmartsblog.com/indexing-my-rrsp/#comment-1186 Interesting account of your trades. Like one of the previous commenters, on the more actively traded ETFs I probably would have done a market order - but only if the spread was tight and consistently tight. Saves some stress. Thanks. Interesting account of your trades. Like one of the previous commenters, on the more actively traded ETFs I probably would have done a market order – but only if the spread was tight and consistently tight. Saves some stress.

Thanks.

]]> By: telly http://www.moneysmartsblog.com/indexing-my-rrsp/comment-page-1/#comment-1185 telly Thu, 11 Oct 2007 12:21:52 +0000 http://www.moneysmartsblog.com/indexing-my-rrsp/#comment-1185 4P, as I mentioned to you previously, I've only recently purchased individual stocks and boy, do our experiences sound similar?! :) Too bad that $900 is in an RRSP, I would have suggested a new flat screen plasma or something. ;) 4P, as I mentioned to you previously, I’ve only recently purchased individual stocks and boy, do our experiences sound similar?! :)

Too bad that $900 is in an RRSP, I would have suggested a new flat screen plasma or something. ;)

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