moneygardener's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/137407/comments http://seekingalpha.com/article/150687-why-shoppers-drug-mart-should-raise-its-dividend?source=feed#comment-615899 615899 Wed, 05 Aug 2009 08:24:29 -0400 http://seekingalpha.com/article/147675-why-i-bought-cat?source=feed#comment-579382 579382 Wed, 08 Jul 2009 15:59:17 -0400 http://seekingalpha.com/article/131620-high-expectations-for-canadian-banks-is-unrealistic?source=feed#comment-469396 469396
To Chez,
Just as the sell off was overdone, the rally is overdone in Canadian banks. I would have alluded to all banks if I actually felt that way. I feel US banks offer better long term value still.

All your points are common knowledge and I was not disputing any of them except for the fact that I did not say that a 4.7% yield is unsustainable; just not as attractive as 7-9%. The point is, what has changed since the yields were 7%+, not much. I had as much confidence in the dividend then as I do now. These should be bought when fear is commonplace not when euphoria overshoots on the upside. Any return on investment in these slow growth entities has been diminished significantly since Feb-March.]]> Mon, 20 Apr 2009 08:19:19 -0400
To Chez,
Just as the sell off was overdone, the rally is overdone in Canadian banks. I would have alluded to all banks if I actually felt that way. I feel US banks offer better long term value still.

All your points are common knowledge and I was not disputing any of them except for the fact that I did not say that a 4.7% yield is unsustainable; just not as attractive as 7-9%. The point is, what has changed since the yields were 7%+, not much. I had as much confidence in the dividend then as I do now. These should be bought when fear is commonplace not when euphoria overshoots on the upside. Any return on investment in these slow growth entities has been diminished significantly since Feb-March.]]> http://seekingalpha.com/article/130901-after-a-dividend-freeze-hold-or-sell?source=feed#comment-464537 464537 Wed, 15 Apr 2009 22:38:11 -0400 http://seekingalpha.com/article/123070-trading-under-book-value?source=feed#comment-405898 405898 Fri, 27 Feb 2009 11:20:28 -0500 http://seekingalpha.com/article/61242-bank-of-america-seems-serious-about-retaining-its-dividend?source=feed#comment-365235 365235 Sat, 24 Jan 2009 19:43:40 -0500 http://seekingalpha.com/article/109916-td-bank-too-good-to-pass-up?source=feed#comment-342311 342311 Wed, 31 Dec 2008 08:25:32 -0500 http://seekingalpha.com/article/111214-sysco-a-surprising-inflation-hedge?source=feed#comment-341408 341408 Tue, 30 Dec 2008 10:36:44 -0500 http://seekingalpha.com/article/109916-td-bank-too-good-to-pass-up?source=feed#comment-325782 325782 Wed, 10 Dec 2008 15:17:02 -0500 http://seekingalpha.com/article/101730-companies-i-invest-in-those-with-a-future?source=feed#comment-290275 290275
For that matter, will insurance companies and banks in Canada be in situations where they'll be forced to cut their dividends? Perhaps, but I am betting that they won't. Bank of America cut their dividend by 50% after losing billions on bad mortgages, etc., yielding over 8% at times, and making two industry changing acquisitions. Canadian financial institutions are in much better shape than any of the major U.S. banks that have faltered or cut their dividends.]]> Sat, 25 Oct 2008 12:09:53 -0400
For that matter, will insurance companies and banks in Canada be in situations where they'll be forced to cut their dividends? Perhaps, but I am betting that they won't. Bank of America cut their dividend by 50% after losing billions on bad mortgages, etc., yielding over 8% at times, and making two industry changing acquisitions. Canadian financial institutions are in much better shape than any of the major U.S. banks that have faltered or cut their dividends.]]> http://seekingalpha.com/article/98873-surprise-bank-of-america-cuts-dividend-by-50?source=feed#comment-276219 276219 Tue, 07 Oct 2008 17:42:20 -0400 http://seekingalpha.com/article/97738-dividends-a-bright-spot-in-a-bleak-time?source=feed#comment-269133 269133 Mon, 29 Sep 2008 21:32:46 -0400 http://seekingalpha.com/article/86774-general-electric-presents-a-dividend-opportunity?source=feed#comment-213938 213938 Thu, 24 Jul 2008 23:06:28 -0400 http://seekingalpha.com/article/86429-husky-energy-high-yielding-oil-play?source=feed#comment-213936 213936
I am a little confused as to where this conversation has gone. A yield of 4% for any stock is pretty solid if the underlying growth is still there. Yes dividends cushion falls, another reason why dividend investing is a great strategy for long term capital appreciation.]]> Thu, 24 Jul 2008 23:03:48 -0400
I am a little confused as to where this conversation has gone. A yield of 4% for any stock is pretty solid if the underlying growth is still there. Yes dividends cushion falls, another reason why dividend investing is a great strategy for long term capital appreciation.]]> http://seekingalpha.com/article/86429-husky-energy-high-yielding-oil-play?source=feed#comment-212550 212550 Wed, 23 Jul 2008 13:59:05 -0400 http://seekingalpha.com/article/85897-financials-is-it-for-real?source=feed#comment-210746 210746 Mon, 21 Jul 2008 12:56:07 -0400 http://seekingalpha.com/article/81610-target-consistent-dividend-growth-history?source=feed#comment-187268 187268 Tue, 17 Jun 2008 16:08:29 -0400 http://seekingalpha.com/article/74260-why-i-traded-petro-canada-for-husky-energy?source=feed#comment-172997 172997 Fri, 23 May 2008 20:31:03 -0400 http://seekingalpha.com/article/73283-husky-energy-still-pulling-the-dividend-sled?source=feed#comment-155374 155374 Wed, 23 Apr 2008 12:38:37 -0400 http://seekingalpha.com/article/71054-four-reasons-to-invest-in-td-bank?source=feed#comment-147079 147079 Tue, 08 Apr 2008 13:42:44 -0400 http://seekingalpha.com/article/69643-four-household-product-stocks-to-keep-you-bullish-clx-enr-kmb-and-pg?source=feed#comment-131386 131386 Tue, 25 Mar 2008 17:20:51 -0400 http://seekingalpha.com/article/68780-general-electric-it-s-all-about-the-numbers?source=feed#comment-127617 127617 Mon, 17 Mar 2008 10:38:06 -0400 http://seekingalpha.com/article/68052-ge-worth-a-look-on-energy-unit-ramp-up?source=feed#comment-125635 125635 Wed, 12 Mar 2008 14:11:09 -0400 http://seekingalpha.com/article/68085-general-electric-buy-now-and-wait?source=feed#comment-125631 125631 Wed, 12 Mar 2008 14:06:12 -0400 http://seekingalpha.com/article/67099-royal-bank-of-canada-s-regal-returns?source=feed#comment-122068 122068 BNS), and likely Toronto Dominion (TD).

themoneygardener.blogs.../]]> Tue, 04 Mar 2008 14:39:24 -0500 BNS), and likely Toronto Dominion (TD).

themoneygardener.blogs.../]]> http://seekingalpha.com/article/66100-ge-nuclear-growth-galore?source=feed#comment-119482 119482 Tue, 26 Feb 2008 20:22:29 -0500 http://seekingalpha.com/article/65925-my-walgreen-mistake-what-went-wrong?source=feed#comment-118957 118957 Mon, 25 Feb 2008 18:47:15 -0500 http://seekingalpha.com/article/65684-bank-dividends-braking-or-gearing-down?source=feed#comment-118032 118032 Sat, 23 Feb 2008 10:58:53 -0500 http://seekingalpha.com/article/65684-bank-dividends-braking-or-gearing-down?source=feed#comment-118031 118031 Sat, 23 Feb 2008 10:58:46 -0500 http://seekingalpha.com/article/63790-walgreen-attractive-valuation-and-growth-story?source=feed#comment-115359 115359 Fri, 08 Feb 2008 20:54:43 -0500