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  • 3 Core Holdings I Added To In January 2015 [View article]
    I just looked through CPG's January 2015 Presentation (http://bit.ly/1yBwY8z)

    Scotiabank's analyst estimates 1-Year Target of $40, which is a total return of ~31% with the dividend. Paring 20% off of 31%, it's still a total return of 24%. Of course, this is given the scenario the dividend doesn't get cut. CPG didn't cut its dividend in 2008-9, so that gives some confidence. In the Jan 2015 Presentation above, management continues to show support for the dividend.

    In addition, I compared the est. 1-Year total return of CPG with a few other Canadian companies which I was considering, and CPG came out with the highest return range. As a result, I just bought a small position in CPG. Will see where it goes from here.
    Feb 3, 2015. 11:16 AM | Likes Like |Link to Comment
  • 3 Core Holdings I Added To In January 2015 [View article]
    Hi Sneaker,

    I need to have your kind of long-hold mentally core holdings!

    "I need to reduce the number of companies I own" -- I need to review that at one point for my portfolio. I seem to like to take some money off the table at times and buy what I think is at a greater value, but that doesn't always work out, esp. if just looking at the short-term view of 1-year.

    It's good that you're moving to higher quality and consolidating your positions.

    I'm jealous that you can add to US holdings. :p As soon as I convert CDN->USD, what I want to buy in USD is automatically overvalued. >_<

    MKC looks high quality. Even though FAST graph shows it's slightly overvalued right now, you should do fine in the long-term.

    And thanks for sharing your experiences!
    Feb 3, 2015. 10:40 AM | 1 Like Like |Link to Comment
  • 3 Core Holdings I Added To In January 2015 [View article]
    Thanks Timmies. How safe do you think CPG's dividend is?
    Feb 3, 2015. 10:29 AM | Likes Like |Link to Comment
  • 3 Core Holdings I Added To In January 2015 [View article]
    Hey Timmies,

    It's hard to buy US equities for Canadians now because of the forex rate. It'll cost me $1.28+ CDN for $1 USD if I do the conversion now. (Scotiabank takes about 2% for each forex conversion.) All the more reason for me to hold Scotiabank in my core portfolio.

    I was there when CPG hit close to $21 on the TSX, but I'm not familiar with the company so I didn't pick it up. Can you shed some light on why you still like CPG at the current price?
    Feb 2, 2015. 09:11 PM | Likes Like |Link to Comment
  • Ann's Simple Income Investing Strategy [View article]
    Thanks for sharing your insight, Michael. I'm not familiar with BLK, BEN, or TROW, but certainly worth looking into from what you've outlined.
    Jan 28, 2015. 05:55 PM | Likes Like |Link to Comment
  • Ann's Simple Income Investing Strategy [View article]
    NV_GARY, thanks, the "11th" sector I have up there is Real Estate. That's what Morningstar has. In my case, that would be eREITs.
    Jan 28, 2015. 01:11 AM | Likes Like |Link to Comment
  • Ann's Simple Income Investing Strategy [View article]
    wjochem, thanks. Seeing the top 10 holdings of mutual funds/etfs is a great way to start the research. Thanks for bringing that up. Possible material for the next article. :p
    Jan 28, 2015. 01:10 AM | Likes Like |Link to Comment
  • How Much 'Extra' Return Are You Getting If You Reinvest Dividends? [View article]
    GetRealHere,

    "Microsoft is a great dividend payer...too bad it lost 10 points today and instantly wiped out 4 years of dividends."

    Yes, I was surprised of the move too, but if one did their homework and bought it at good valuations, say when it was in the low $30s in 2013 (how about $33?), then such an investor would still have 27% unrealized gain AND collected $1.43 of dividends since then, and still collecting...
    Jan 27, 2015. 08:07 PM | 4 Likes Like |Link to Comment
  • Ann's Simple Income Investing Strategy [View article]
    Thanks Rock N Roll. You reminded me that I forgot to put this message that I usually add at the end of all my articles...

    You're right. This article is meant to be a simple example to illustrate how simple it could be to invest for income, but certainly not investment advice.
    Jan 27, 2015. 08:01 PM | 1 Like Like |Link to Comment
  • Ann's Simple Income Investing Strategy [View article]
    BoomBoom, that's good advice. I normally do look at the dividend history before investing in a company. I was focused on simplicity this time. I might come back around to introduce all those essential metrics and concepts you mentioned. Thanks again!
    Jan 27, 2015. 08:00 PM | 1 Like Like |Link to Comment
  • Ann's Simple Income Investing Strategy [View article]
    Dick, I gotta agree with BoomBoom here with regards to "I prefer dividend growth stocks which are more consistent, reliable and tend to growth at rates exceeding inflation."

    Dividend growth stocks have ups and downs in stock price too, but if you did your research right, then you should have a low chance in getting a dividend cut. Maybe you'll get 1 or 2 cuts out of the many companies a dividend investor holds in scenarios such as the financial crisis, while you said for one of your funds "There have been three cuts since then, one at the beginning of this year, from 0.09 to 0.07 per month but that is paying over 11% on the share price today." I don't care how it is paying 11% on today's share price. Your income from that fund has been cut by half after all those cuts. I've gotta cut you some slack because you mentioned that GGN is an extreme case.

    With individual dividend stocks Ann is holding, she could still look into whether it's a keeper after a cut or even sell out before a cut.
    Jan 27, 2015. 07:55 PM | 2 Likes Like |Link to Comment
  • Ann's Simple Income Investing Strategy [View article]
    Aterosin, I wrote this for my friend who finds it easier to grasp the concept using real dollar amounts instead of percentages. I hope this article will get your daughter excited about dividends, and I think she's lucky to have you there to guide her.
    Jan 27, 2015. 05:22 PM | Likes Like |Link to Comment
  • Ann's Simple Income Investing Strategy [View article]
    BoomBoom, "I want dividend leaders. I want them on "David Fish's CCC List" and/or the "Canadian Dividend All Star List". I screen further for favourable dividend metrics, such as DGR, length of dividend growth streak, chowder number, payout ratio, quality rating...etc. I also prefer stocks that performed better than average in previous down markets." -- For this article, I wanted to keep it as simple as possible. However, what you listed are all great qualities to look for when looking to add to a portfolio. Thank you for sharing that. :)
    Jan 27, 2015. 03:49 PM | Likes Like |Link to Comment
  • Ann's Simple Income Investing Strategy [View article]
    Dick, can you give some examples of those ETFs and CDFs? esp. the ones which pay dividends monthly could be of interest to readers. Thanks!
    Jan 27, 2015. 02:08 PM | 1 Like Like |Link to Comment
  • Ann's Simple Income Investing Strategy [View article]
    Thanks Mike. That's a good point.

    "i will never understand why some investors shun dividends and limit themselves to only
    60% of the money to be made." -- My guess is most investors aren't in the extreme of only limiting themselves to the 60%, which is a good thing.
    Jan 27, 2015. 01:18 PM | Likes Like |Link to Comment
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