Dividend growth investing, value, growth, long/short equity
Dividend growth investing, value, growth, long/short equity
Contributor since: 2013
Absolutely beautiful.
I would think HAS would like to continue its growth and expansion into other categories (role play and costume). MAT may very well want to acquire JAKK in order to sure up its declining girls toy's sales since JAKK seems to be doing very well. DIS may just want to buy them out since they do like their openness and willingness to work with them (snow glow Elsa and other toys). For DIS, it would remove some of the negotiating hassles with HAS and MAT. Just some thoughts.
I am also concerned with US housing (and Canadian housing for that matter). Defaults and repossession are on the rise again, bringing back memories of 2008. If this is happening, that means these people are obviously (or perhaps not) spending money as consumers in the economy. Could be why consumer confidence keeps fluctuating more to the downside for a while.
That is exactly what I thought and was going to comment. I didn't even bother to read the useless content the second I saw who wrote it. Thankfully, smarter investors are not playing into your game today. Go home.
National bank of Canada
I would also add in that shorts may be playing on the avian flu crisis that is sweeping the US. If suppliers get affected, then margins will be impacted. Based on my own evaluation, I see a fair value for SAFM around $119, which represents over 25% upside from here. If the avian flu panic dies down, you can bet the stock soars as shorts cover.
Great article Arie, I will take a much closer look at this one but I like what I see and appreciate you bringing it to our attention. Love your work. Keep it up.
That is exactly my thinking, not to mention parents (either when alive or via inheritance), etc...
Thanks for the advice. Always like hearing from you and your opinions.
It is a personal plan with the business perspective.
To put the issue at rest regarding contributing now or later for the extra 4500$, the answer is you can add the funds to make 10000$ right now.
I am not too surprised as I suspect that Canadian dividend growth investors here on Seeking Alpha might be a very small group. Developing the CDG30 might be the way to having a Canadian section. Look at the number of authors who turned up here to discuss Canadian DGI.
Seeking Alpha might also oppose the use of the Canadian symbols, particularly in articles where the companies do not trade on US stock exchanges since they cannot link up.
I think the Canadian Dividend Growth Investor already has something similar or at least analyses and publishes articles just not in the format of a DG50. He does maintain a portfolio of Canadian dividend growth stocks.
I would toss my hand up to complete the analysis of Canadian dividend stocks to create a CDG30 or at least write an article that would sound a call to all Canadian investors on Seeking Alpha to offer their thoughts and recommendations.
Thank you for the kind comment.
An excellent article. I appreciate your vision by thinking outside the usual box.
Amen to that BoomBoom99. I would also suggest that parents should talk more with their children about it. My parents never talked finances with me. It wasn't until I moved out did I learn it. School was useless for financial education. Wish I had learned more in my teens. How much better off would I have been!
Thanks so much BoomBoom99 for helping to clear up that confusion for me. I know about the Canadian Dividend All-Star list. It is disappointing that many do not have higher yields or higher growth rates, but we will make do with what we can right! Again thanks so much and thanks to all for a great contribution to many topics.
My age is 31, I am considered a high income earner (not above $100,000) but not far from it either. My interest in the TFSA is to put Cdn dividends and REIT's in to the account.
Perhaps it is because I am struggling to wrap my head around all the tax implications but this is what I understand regarding the TFSA and dividends:
- There is a withholding tax on US dividends at 30% unless you file the W8BEN form with the IRA (or in my case Questrade did it automatically) which then drops it to 15%. That 15% cannot be retrieved.
- Canadian dividends should not be held in TFSA because somehow it is best in a non-registered account. I don't understand this since if the Canadian dividends are eligible dividends, then it should be tax free in the TFSA. How is it best to hold Canadian dividends in a non-registered account if the dividends are tax-free in the TFSA?
-Some foreign stocks are best held in the TFSA as mentioned by others, but none of the companies listed are of interest to me.
Please correct me if I am wrong because I have searched online for weeks and I have come to no clear understanding regarding the treatment of Canadian dividends in the TFSA.
For all the canadian investors commenting on this article, what brokerage are you using? I am with Questrade but have thought about transferring to Virtual Brokers or Qtrade.
I am with Questrade, so all my accounts are dual currency.
So this leads to the question that I have been spending weeks trying to answer and that is, what you do put into a TFSA? It seems to be a useless investment vehicle for dividends! So that leaves what...growth stocks, bonds, GIC's... (bonds and gic's being useless at beating inflation)
I am curious. RRSP's are tax sheltered so it is best to put US dividend stocks in RRSP's due to no withholding tax. The same cannot be said about US dividend stocks in the TFSA where a withholding rate of 15% is applied. Canadian dividend stocks are not subject to a withholding rate and are essentially tax free which is what the rep from CRA told me this morning. I am curious why you wouldn't hold all your Canadian Dividend stocks in the TFSA or RRSP? Yes there is the Canadian dividend tax credit but your income has to be pretty low (ex. under 44,000$ in Ontario to not be taxed at all) in order to get the best rates which vary by province. Also, I hope your not putting the US equivalent of CNI or those stocks in your TFSA rather than the Canadian version listed on the TSX since you would get taxed and have to deal with the USD-CAD exchange rate.
To me, I find that the best investments for Canadian accounts are as follows:
RRSP - US Dividend stocks, CAD dividend stocks, some ETF's (not CAD ETF's with US equities, it does get taxed)
TFSA - US growth stocks, CAD dividend stocks, ETF's (again, certain conditions apply)
Non-registered account - CAD dividend stocks, US dividend stocks (if necessary), and other investments.
I would welcome everyone's opinion with sources to back it up because as I have tried to research this, it is incredibly tricky!!!
HighOnDividends is correct. The Conservatives have been using this type of language lately to make things sound like its a done deal and in reality it is because they hold a majority. I know Joe Oliver said "effective immediately" BUT the budget bill has not passed yet and must be passed in order for the TFSA increase to be approved and become law. So until that time, you will be paying penalties.
I would like to thank everyone for reading, commenting and complementing. I enjoyed this process and I am glad that others are benefiting from it as well.
You raise a very good point. Thanks for sharing.
I did not in this case.
I did perform that exact analysis in part IV. Take a look at the results:
I appreciate your commentary and this is where I feel investors need to know their companies. The ones you have pointed out I would say are the exception rather than the rule. I mean, we can add WFC as having successfully rebounded but the same cannot be said about BAC or some other banks. How do we know which one will thrive? I agree with Mike that each should be evaluated on a case by case basis but in general, I would say sell and look to see maybe later when the dust has settled whether there is the potential for recovery.
Thanks for reading and sharing your opinion.
I do like the case by case basis, but I feel one should know their company enough to already know whether things are going far too south or whether there is hope. GE I think is the example of hope because it had diversification, but the GE capital side is what hurt the company the most.
I completely agree but I think such a study would be best completed using the spreadsheet you provided in order to complete a randomized controlled experiment (or in this case analysis). I needed something that was similar in size in order to complete the comparisons that I did do. Furthermore, although the DG50 contains the crème de la crème of DGI, I feel that it should be compared to such a group because they companies had a chance to be much like them or in some cases were like them. Thanks for reading despite the long day. Hope you get some good rest!
A 7% increase would be nice for sure. Let's home it is somewhere around that for sure. thanks for reading.