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!


 Posted by on February 24, 2012
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!

 Posted by on February 4, 2012
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.

 Posted by on February 1, 2012
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?

 Posted by on January 28, 2012