Seeking Alpha
View as an RSS Feed

Canadian Dividend Growth Investor  

View Canadian Dividend Growth Investor's Comments BY TICKER:
Latest  |  Highest rated
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Dave,

    Wow, I'm really impressed! That sounds way more complicated for fixing than the sound/stereo system.
    Jun 23, 2015. 01:53 PM | 1 Like Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Dale, what I wanted to say is, some people I know are playing in the market for short-term gains to make a big purchase. The alternative if you're in need of money is to work hard on the job and hope for a raise, or take on more projects if you're a contractor. (That said, I think over investing experience & skills, it's more important to sharpen one's skills on their career first.)

    But if you have an overall gain from the sales to make a purchase, aren't you still better off than simply saving up the money? (Of course, one takes on the risk of the market when they aim to save for a purchase by investing.)
    Jun 23, 2015. 11:37 AM | Likes Like |Link to Comment
  • Should You Ever Overpay For A High Growth Company? [View article]
    Trade,

    Thanks for bringing it up. FCF will ensure the safety of the dividend.
    Jun 23, 2015. 11:31 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Mochas,

    Ha, that's my typical coffee too whenever I do have a coffee outing.

    I don't mind getting "a year old" car, but I'm not sure I can wait until fall. I already am missing some of my routines because I don't have a car.

    I'm even thinking of 2-4 year old cars. The final decision has a lot to do with what's available when I go to the car dealer end of month.

    Thanks for the tip. I know a mechanic through a friend, and I could build a better relationship with him. Thanks for sharing your stories!
    Jun 23, 2015. 11:29 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    SDS,

    How big do you make your emergency fund?

    Thanks for the link and info. I will keep that in mind.
    Jun 23, 2015. 11:24 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Dale, I'm actually much less emotional than I was when I was trading leveraged ETFs (yikes!). After that, I felt much safer with "plain" stocks <-- not at all plain, but actually fun!

    I actually know some people who are aggressively playing the markets (options and derivatives) to get 50%+ gains. I hope they know what they're doing, and that they're doing using their "play" money for that.

    "There's no research required for purchasing 20-30 aristocrats. There is no research required to purchase 20-30 of the Dividend Achievers (that will include some aristocrats of course) Trust the dividend growth history. That dividend growth history is much smarter than you and me and everyone reading this. :)" -- The history shall reduce emotional gyrations stirred by the market ups and downs :)
    Jun 23, 2015. 11:18 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Dale,

    I stated this in the article:
    "As we know, the general principle is to not put money into the stock market if you plan to use it within 5 years."

    So I agree with you on that, but I didn't really plan to use that money...just that my windshield started cracking and I was getting uneasy with it, and then a buyer came along.

    I agree with having at least 3-6 months cost of living money saved up though.
    Jun 23, 2015. 11:14 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    RAS, "saving as "spending on their retirement"" -- I will reroute this to my friend who spends a lot (in my views), but at least they are more willing to learn more about investing after I had several talks with them.
    Jun 23, 2015. 11:10 AM | 1 Like Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Dave,

    "I do the mechanicals and the systems repair." - That's still amazing. Anything wrong with my car, and I just take it to the professionals. lol

    "The biggest bug about the Jag is electronic systems. Going to change that all out." -- Do you mean the sound/stereo systems or something else?
    Jun 23, 2015. 11:08 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Breege, wow, thanks for the history lesson. It can even be its own article in its own right.

    I use a combination of the TFSA, RRSP, and non-registered account. For others who don't know, all gained in the TFSA is tax-free, that can be taken out anytime (but can't be put back in until next calendar year unless you have capacity). What's in the RRSP, is tax-deferred with the typical situation to draw out minimum amounts in retirement.

    I used to maximize my growth in the TFSA (or so I thought). Around 2008-2009, I bought stuff that were too risky in there (leveraged ETFs anyone?) and it didn't go as planned. Afterwards, I stuck to quality in TFSA, buying the blue chip dividend stocks (mainly Canadian) at a value. And then, I thought about maximizing the growth in there, but again, with stocks I believe are safe and high quality.

    RRSP should be a second vehicle for investors (esp. if you are at a lower tax bracket). So young investors are likely better off to invest in the TFSA, although I highly suggest new investors to learn their ropes in the non-registered account first so losses can be written off. And if you sell something, remember not to buy it back within 30 days!

    Sorry, it turned out to be a "rambling" of my own. :p Hope I added to your conversation though.
    Jun 23, 2015. 11:05 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Barbairic, ooo the Impreza and Legacy looks sleek
    Jun 23, 2015. 10:41 AM | Likes Like |Link to Comment
  • Introducing The Team Alpha Retirement Portfolio: Now Making An Appearance For Everyone [View article]
    RS,

    Look forward to following the progress of your portfolios. I own a couple of your "surprise" stocks: QCOM & SBUX. SBUX doing very well, and QCOM going stagnant. I think we just need to hang in there for the latter. ;)
    Jun 23, 2015. 02:55 AM | 2 Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Breege,

    It's interesting to know what's happening in other parts of the country.

    I'm in the far west, and there's up to $2000 price reduction for certain Honda models. I think I save a couple thousand more by buying a pre-owned one though.

    You summed up the crashes in a short paragraph, but I'm sure it must have been pretty scary and devastating to some people when it happened.

    Can you elaborate a bit more on: "Savings wherein you protect the principal and any growth in it becomes protected as well and savings for 1 - what you may need for future purchases and 2 - if everything goes down the drain"

    How do you make sure your principal and growth are protected? Do you take some profit off the table as needed? or do you mean you make good use of the TFSA, RRSP, and non-registered accounts?

    So far, I'd like to think we haven't experienced everything going down the drain yet (thankfully and gratefully), but more like ball bouncing -- what goes up must come down, but can always bounce up again. Anyway, that's the case for the market as a whole, but not for every individual stock unfortunately.
    Jun 23, 2015. 01:46 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Tim,

    Thanks for your kind comment.

    I had a friend who asked me why I would put almost all my money in stocks, since I don't get to use it. She tells me that life is for you to enjoy, but maybe she doesn't know that I can still enjoy life without overspending. Still, after multiple conversations and encounters with her, I have treat myself more. When I do go to the restaurant, I pick items that I like to eat instead of choosing what costs less.

    When you put our life in 28,000 days, it really brings it into perspective, my 1st reaction is to divide by 365, and my 2nd reaction is a countdown, though I hate to do that because we should just be enjoying the moment instead of being immersed in numbers, right? ;)

    I'm definitely on the side of extreme saving. This purchase of the new car will be my biggest spending yet! I'm not sure if I should feel excitement or anxiety lol
    Jun 22, 2015. 06:06 PM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    Dave,

    lol Good to know I'm not the only one :p
    Jun 22, 2015. 04:11 PM | Likes Like |Link to Comment
COMMENTS STATS
1,330 Comments
519 Likes