Benjamin Klein

PM & Financial Planning @BaskinWealth. CFA, CFP. Baskin Wealth or I may own stock mentioned in tweets. I like basketball, trivia and video games.

[Barry Schwartz @BarrySchwartzBW]

Baskin Wealth's Benjamin Klein on Brookfield, CCL Industries, Canadian Tire, Pembina, Tourmaline and Arc Energy @BenjaminKleinBW $BN $TOU.TO $PPL.TO $ARX.TO

https://t.co/yeweLsElWC

[Baskin Wealth Management @BaskinWealth]

@BenjaminKleinBW is on BNN Bloomberg today, Thursday May 9th 2024 at 4:00PM.
Watch live or later on our website, https://t.co/6U7JpcMBns

[Benjamin Klein @BenjaminKleinBW]

@GiuGiust Yup. I think this is a strategy only for a very specific demographic

[Benjamin Klein @BenjaminKleinBW]

Crunched some basic numbers on the new budget capital gains changes.

In short, anyone who thinks they (or their parents etc.) have a life expectancy of 5 years or less, and has significant unrealized capital gains, should likely trigger most or all of those gains soon

[Benjamin Klein @BenjaminKleinBW]

@FedGoesBrrrr I guess you do! But don't forget you still pay the old 50% inclusion rate on any gains up to $250k during a year

[Benjamin Klein @BenjaminKleinBW]

@mattsmithabb My understanding is your estate can use the exemption. But of course it only works for qualifying private corporations, not for public investments (stocks, ETFs etc)

[Benjamin Klein @BenjaminKleinBW]

Here's a chart with assumptions

[Benjamin Klein @BenjaminKleinBW]

Of course this also assumes the budget passes, inclusion rate is not reduced if/when a new government forms, et cetera

[Benjamin Klein @BenjaminKleinBW]

Excited to share my first podcast appearance (of many!) on the Baskin Wealth Management podcast. Check it out below:

Apple: https://t.co/eWvzGGLJdx…

YouTube: https://t.co/xlUmGDSCcZ

Spotify: https://t.co/rrEFyDkZKB

[Barry Schwartz @BarrySchwartzBW]

New podcast today: Financial Planning Edition. I'm joined by my colleague, Benjamin Klein @BenjaminKleinBW to discuss all things financial planning. Check it out on :

YouTube: https://t.co/tvt754M1ki

Apple: https://t.co/gI312VcahR

Spotify: https://t.co/dEZZj8PSOr

[David Baskin @DavidBaskinBWM]

#Onex has thrown in the towel and off-loaded #Gluskin Sheff to #RBC. The fig leaf for Onex: Royal will distribute their private market products. It is an embarrassing and ignominious end to the Onex $445 million acquisition of the then-public Gluskin. 1/n

[Benjamin Klein @BenjaminKleinBW]

New post on changes to registered investment accounts in 2023: https://t.co/lFUro8uUTj

[Benjamin Klein @BenjaminKleinBW]

Thanks @CathrinBradbury for the great (and very kind) article!

https://t.co/4bgp5untt8

[Benjamin Klein @BenjaminKleinBW]

@seth_rosenthal J! Spoilers are always permitted when it's good news about Sam The Buttery Man

[Morgan Housel @morganhousel]

Lots of overnight tragedies and no overnight miracles so the headlines are usually bad even if the slow compounding of good news wins over time.

[Morgan Housel @morganhousel]

A long post about the two big lifestyles you can choose from, and a crazy 1968 sailing race that left one competitor dead and the other happier than he'd ever been.

https://t.co/1w3VL3RbuC

[David Baskin @DavidBaskinBWM]

I have been managing money for others since 1987. That's 35 years! I have learned a few things, and here are four ideas to help you be a happy investor in 2022.
https://t.co/3Zl4fYAIqv

[Barry Schwartz @BarrySchwartzBW]

S&P 500 went up in 2021 even though:
- treasury rates increased
- inflation went bananas
- multiples compressed
- supply chain nightmares
- ongoing labour issues
- second year of a pandemic
- high growth stocks imploded

Impossible to predict - own good businesses.