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Weekend Reading and Watchlist Update

Dividend Watchlist, Weekend Reading 11 Responses »

Feb 242012

So much for fixing the problems with Greece. It seems that the “smart” people who are running the world think they can fix problems by throwing money at it. Then when that doesn’t work, they throw even more money then shrug their shoulders and say “I dun know”. I think the underlying problem is that a standardized currency does not work so stop trying to implement them.

Make sure you check out my updated Watchlist for Feb 24, 2012. If only I had more money to invest…

Here are a few interesting reads I found this week so sit back, grab a coffee and catch up on some weekend reading.

Brad at Triage Investing Blog had an excellent post on Canadian bank derivatives.

Dividend Growth Investor asked if entry price matters to dividend investors. Very informative.

Dividend Watchdog posted about the Telus dividend increase.

Freedom Thirty Five is giving away the cash value of one of his RIM stocks.

Susan Brunner wrote about Husky Energy part 1 and part 2.

Invest It Wisely posted about the importance of buffering you life.

Tim at Canadian Dream finds out if Netflix is worth it.

My Own Advisor wrote about his favorite takeaways from the wealthy barber returns.

The Passive Income Earner switched to RBC direct investing.

Young And Thrifty had a guest post about the low down on the RESP.

Check out the Yakezie Carnival for a whole bag full of interesting reads as well.

Have a great weekend, Everyone!

Watchlist For February 3rd, 2012

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Feb 042012

Fortis and CN are now trading near their 52 week High and I don’t know about you, but I don’t like paying full price for anything that I don’t have to. Also this week as mentioned Metro increased their dividend by 12% and is still trading near its 52 week High as well.

Facebook IPO is all over the financial news and to be honest I skip past all the articles. Tech stocks are way too volatile for my liking and I’m not very keen on Facebook as a business. It’s only a matter of time before something better comes along just like anything in the Tech Sector. I’ll stick to my dependable blue chip dividend payers, thanks.

Happy Friday Everyone!

Watchlist Dividend Increase

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Feb 012012

After reporting higher profits and revenues this last quarter, Metro increased its dividend from $0.77 cents per share, to $0.86 cents. That’s a whopping 12% increase that will definitely help with the ever increasing food prices.

Consumer staples is an excellent sector to be invested in because no matter what state the economy is in, everyone has to eat! The TSX has a very limited selection in consumer staples so a lot of Canadian investors turn to the U.S for a more diverse selection.

I do not own shares in Metro because of the low dividend yield but I would like to include it in my portfolio once it’s completed and that’s why it’s on my watch list. Even though Metro has an incredible dividend growth record, I personally consider it more of a growth stock. Today it closed at its 52 week high of $54.74 and even with its new dividend, it only yields 1.5%. Even if I bought in today, and the dividend increased 10% each year, after 15 years my yield would only be 5.6%. Like I said, once my portfolio is close to being complete, I will add MRU for some solid stock growth and minimal dividend payments.

2012 Watchlist

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Jan 282012

Well without further ado, here’s is the watch list for Friday, January 26 2012:

Like always, the markets were all over the place this week. It seems if anyone gasps in Europe, the markets in North America are punished. The Loonie did hit parity with the U.S dollar this week which was a surprise to most people.

The hardest part of dividend investing is choosing the right time to buy into the right company. I’m not a financial adviser, but I can share with you what I look for in a company when I’m ready to hit the buy button. I’ve never been able to time the market very well, but I find looking at the basic information is the first step to making an educated decision. Buying when a stock is at its highest in a year might not be the best strategy to use. I like buying into solid companies after the markets dip just like they did last August and September thanks to investor speculation.

It will be interesting to see how this watch list will change over the next year. My wife loves shopping at RW&Co. which is a banner name under Reitmans so I will be watching RET.A closely. Have a great weekend everyone!

What do you think of my watch list?

2012 Dividend Watch List

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Jan 252012

When it comes to the stock market, having a crystal ball to see future prices would sure make investing easy but luckily there is a more tangible method. Having a watch list lets you keep an eye on hopeful stocks to add to your portfolio or lower your average entry point if it’s a stock you already own. Over the long term, it can also allow you to see how world events and speculation can often affect stock market prices.

I’d like to share with you my own, personal watch list for 2012 :

Every weekend I will be updating my watch list with the current data from Friday’s stock market closing. I will be updating the current price, the 52 week lows and highs, the dividend and the yield. Companies that have increased their dividend since January 2011 are highlighted in blue. When the stock price is within 5% of its 52 week low, it will be highlighted with yellow. When the stock price is within 5% of its 52 week high, it will be highlighted in red. When the yield is 4% or larger, it will be highlighted in green.

Word of Warning

This list is by no means advice on which stocks to buy and I cannot be held accountable if you decide to buy any of the stocks from my list. This is merely a fun way to show you how to keep a watch list for yourself.

So now there is one more reason to look forward to the weekend! There was a lot of positive feedback from my dividend list in the past and I hope that there will be more in the future.

Do you have a watch list of your own?