Comments for Rothenberg Capital Management Blog http://rrothenberg.wordpress.com Because You Deserve More Sun, 18 Oct 2009 19:33:26 +0000 http://wordpress.com/ hourly 1 Comment on Headline Deflation Number Not Worth Reporting by Gary Tierney http://rrothenberg.wordpress.com/2009/08/19/headline-deflation-number-not-worth-reporting/#comment-679 Gary Tierney Sun, 18 Oct 2009 19:33:26 +0000 http://rrothenberg.wordpress.com/?p=308#comment-679 I remember listening to CJAD radio in Montreal with advertising for Rothenberg & Associates (at least I think that was the name). You always impressed me with the your advertising of your company. Now that I am in Calgary, and retired, I would like one of the Rothenbergs, to contact me and see if you could help me with my modest portfolio. You will, no doubt, see that I am not a wealthy man. However, with your guidance, one newer knows. I would greatly appreciate your contacting me, so we can discusss my minor investments. Thank you for your consideration. Gary Tierney 403-652-2246 (home) 403-652-1365 (work) I remember listening to CJAD radio in Montreal with advertising for Rothenberg & Associates (at least I think that was the name). You always impressed me with the your advertising of your company.

Now that I am in Calgary, and retired, I would like one of the Rothenbergs, to contact me and see if you could help me with my modest portfolio.

You will, no doubt, see that I am not a wealthy man. However, with your guidance, one newer knows.

I would greatly appreciate your contacting me, so we can discusss my minor investments.

Thank you for your consideration.

Gary Tierney
403-652-2246 (home)
403-652-1365 (work)

]]> Comment on Bank Rate Down…Line of Credit Rate Up by Malcolm McRae http://rrothenberg.wordpress.com/2009/03/03/bank-rate-downline-of-credit-rate-up/#comment-673 Malcolm McRae Thu, 01 Oct 2009 20:45:06 +0000 http://rrothenberg.wordpress.com/?p=232#comment-673 I received a letter from TD bank that they were changing the terms of my home equity line of credit from prime plus zero to prime plus one percent. When I phoned the hot line I asked if what hey were doing was in fact legal. What I was told is that the fine print of the contract does indeed permit the bank to change the rate with respect to prime at any time and at there discretion. In addition the bank is changing the rate for everyone who had at a rate of prime plus one percent or lower to prime plus one percent. I asked if there was anything in the contract that limited what spread the bank could charge and was told there was not. After that call contacted ING Direct regarding the terms of 5 year variable rate mortgage. The current rate they offer is 0.1% above ING prime and the spread above prime is fixed for the 5 year period. Both ING and TD have a prime rate of 2.25% Guess what I am doing now. I think it is dishonest of the big 5 banks to advertise that there variable rates loans, lines of credit etc are based upon a fixed spread above prime, to not inform clients when they enter those contracts that the spread is subject to change, and then change the spread. I received a letter from TD bank that they were changing the terms of my home equity line of credit from prime plus zero to prime plus one percent. When I phoned the hot line I asked if what hey were doing was in fact legal.

What I was told is that the fine print of the contract does indeed permit the bank to change the rate with respect to prime at any time and at there discretion. In addition the bank is changing the rate for everyone who had at a rate of prime plus one percent or lower to prime plus one percent. I asked if there was anything in the contract that limited what spread the bank could charge and was told there was not.

After that call contacted ING Direct regarding the terms of 5 year variable rate mortgage. The current rate they offer is 0.1% above ING prime and the spread above prime is fixed for the 5 year period.

Both ING and TD have a prime rate of 2.25%

Guess what I am doing now.

I think it is dishonest of the big 5 banks to advertise that there variable rates loans, lines of credit etc are based upon a fixed spread above prime, to not inform clients when they enter those contracts that the spread is subject to change, and then change the spread.

]]> Comment on Jobs Numbers Better Than Headlines Suggest by ahmed http://rrothenberg.wordpress.com/2009/08/07/jobs-numbers-better-than-headlines-suggest/#comment-663 ahmed Wed, 09 Sep 2009 19:08:54 +0000 http://rrothenberg.wordpress.com/?p=302#comment-663 i try many time to help other some time i try to help African poor kids other time i help old people and now i try to help my country . i try to help people to find a good job to make canada the best place in the world many stay at home and didn't find a good job or they can't find their career i think alot about that finally i find out what to do..... i create a new website not a website it is a forum it contain many jobs in canada that many can enter it and get a good job and it is free i hope you help me in that and send it to you friends to help them to finally we not leave alone in the world this is the link of it http://www.today-jobs.com/canada/index.php i need you to support that website i try many time to help other some time i try to help African poor kids other time i help old people and now i try to help my country .
i try to help people to find a good job to make canada the best place in the world
many stay at home and didn’t find a good job or they can’t find their career
i think alot about that finally i find out what to do…..
i create a new website not a website it is a forum it contain many jobs in canada that many can enter it and get a good job and it is free i hope you help me in that and send it to you friends to help them to
finally we not leave alone in the world this is the link of it
http://www.today-jobs.com/canada/index.php
i need you to support that website

]]> Comment on Why Deflation is Bad For You and the Economy by Janet Reams http://rrothenberg.wordpress.com/2008/11/21/why-deflation-is-bad-for-you-and-the-economy/#comment-653 Janet Reams Thu, 03 Sep 2009 01:56:07 +0000 http://rrothenberg.wordpress.com/?p=165#comment-653 So why is walmart so profitable if they are dropping prices everyday? This theory just doesn't apply to them? Or a dollar store people usually buy more items because they think "this glow in the dark razor is just a dollar?" So why is walmart so profitable if they are dropping prices everyday? This theory just doesn’t apply to them? Or a dollar store people usually buy more items because they think “this glow in the dark razor is just a dollar?”

]]> Comment on CPP Changes on the Horizon by Maurice Moore http://rrothenberg.wordpress.com/2009/06/12/cpp-changes-on-the-horizon/#comment-650 Maurice Moore Tue, 01 Sep 2009 14:09:41 +0000 http://rrothenberg.wordpress.com/?p=270#comment-650 Notify me of follow up comments please maurice Moore Notify me of follow up comments please
maurice Moore

]]> Comment on CPP Changes on the Horizon by Maurice Moore http://rrothenberg.wordpress.com/2009/06/12/cpp-changes-on-the-horizon/#comment-649 Maurice Moore Tue, 01 Sep 2009 14:08:22 +0000 http://rrothenberg.wordpress.com/?p=270#comment-649 The Liberal Party has been looking for a reason to bring down this Conservative Government. These changes to the CPP which will have a negative effect on all working Canadians who hope to retire at age 60. Michael Ignatiff this is your opportunity to remove this right wing government. Call an election in the fall. The baby boomers who form the biggest voting block will support your opposition to these CPP changes in large numbers. The Liberal Party has been looking for a reason to bring down this Conservative Government. These changes to the CPP which will have a negative effect on all working Canadians who hope to retire at age 60.

Michael Ignatiff this is your opportunity to remove this right wing government. Call an election in the fall.
The baby boomers who form the biggest voting block will support your opposition to these CPP changes in large numbers.

]]> Comment on Get Your Spousal Loan In Place While They’re Hot by Robert Rothenberg http://rrothenberg.wordpress.com/2009/07/30/get-your-spousal-loan-in-place-while-theyre-hot/#comment-642 Robert Rothenberg Tue, 18 Aug 2009 21:19:51 +0000 http://rrothenberg.wordpress.com/?p=291#comment-642 It would pretty well have the same effect tax wise as pension income splitting. The difference being that pension income splitting is available to seniors where the spousal loan at prescribed rates is available to all couples. It would pretty well have the same effect tax wise as pension income splitting. The difference being that pension income splitting is available to seniors where the spousal loan at prescribed rates is available to all couples.

]]> Comment on Get Your Spousal Loan In Place While They’re Hot by Jerry http://rrothenberg.wordpress.com/2009/07/30/get-your-spousal-loan-in-place-while-theyre-hot/#comment-640 Jerry Fri, 14 Aug 2009 21:24:11 +0000 http://rrothenberg.wordpress.com/?p=291#comment-640 Would this be better than pension splitting? Would this be better than pension splitting?

]]> Comment on General Motors IPO….Any Takers? by Art Werk http://rrothenberg.wordpress.com/2009/07/10/general-motors-ipo-any-takers/#comment-635 Art Werk Sun, 09 Aug 2009 21:00:58 +0000 http://rrothenberg.wordpress.com/?p=272#comment-635 Sure don't like throwing water on the parade, but this IPO is the GM parade to nowhere. Geez, how many recall names like Rambler, Studebaker, and Nash? All ot them drove off into the sunset. So, where do I line up for this one. How about this? Put a line on the 1040. Call it contributions to the GM CEO slush fund. There´s a parade getting started in that boardroom right now. Sure don’t like throwing water on the parade, but this IPO is the GM parade to nowhere. Geez, how many recall names like Rambler, Studebaker, and Nash? All ot them drove off into the sunset. So, where do I line up for this one. How about this? Put a line on the 1040. Call it contributions to the GM CEO slush fund. There´s a parade getting started in that boardroom right now.

]]> Comment on Get Your Spousal Loan In Place While They’re Hot by Minh http://rrothenberg.wordpress.com/2009/07/30/get-your-spousal-loan-in-place-while-theyre-hot/#comment-629 Minh Fri, 31 Jul 2009 17:36:18 +0000 http://rrothenberg.wordpress.com/?p=291#comment-629 How does this arrangement lower the taxable income of the higher-income spouse? Is the loan amount deducted from the total income? In the case of joint bank accounts, how does this arrangement work? How does this arrangement lower the taxable income of the higher-income spouse? Is the loan amount deducted from the total income?
In the case of joint bank accounts, how does this arrangement work?

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