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BoomBoom99

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  • Enbridge: An Emerging Dividend Growth Superstar, But... [View article]
    I'm a long term buy & monitor kinda guy. Anytime I can get ENB when the yield is over 3% is a great buying opportunity. ENB is a very strong company that never stays down long. Pipeline stocks also have much lower beta than oil stocks so they don't dip as severely in down markets. If you want to be safe just buy a little and then buy more after the market bottoms.
    Dec 12, 2014. 04:42 PM | 1 Like Like |Link to Comment
  • Enbridge: An Emerging Dividend Growth Superstar, But... [View article]
    Enbridge has always been a popular stock in Canada for growth & income growth investors. The stock is rarely cheap and often sells at a high multiple due to it's growth. ENB's dividend policy of high dividend growth with an 18 year streak of continuous increases is attractive for income seekers.
    Dec 12, 2014. 01:19 PM | 1 Like Like |Link to Comment
  • Is It Worth Holding Cash And Being Patient? [View article]
    There's lots out there if you just google "estate planning - Canadian taxes". For a start you might look at http://bit.ly/18FQnLg
    The book that's referred to in the article is a good one!
    May 13, 2013. 11:39 AM | Likes Like |Link to Comment
  • Is It Worth Holding Cash And Being Patient? [View article]
    I do the same. FYI, the 100K question on our T1 General tax return is only concerned with non-registered foreign holdings. I do exceed this amount but it's all in my RRSP. I thought this was also related to the US estate tax issues but it's our Gov't keeping tabs on taxable holdings domained outside of Canada.
    May 12, 2013. 08:17 PM | Likes Like |Link to Comment
  • Is It Worth Holding Cash And Being Patient? [View article]
    I know all about the restrictions with TFSA & non-reg. accounts with regards to withholdings taxes.

    I thought you might be referring to US estate taxes on Canadians with US holdings. I also only learned about this in the past 3 months (I also watch Market Call Tonight). This actually freaked me out a bit as I have quite a bit over the 60K mentioned. I did some further digging and found out that it doesn't matter whether the US based holdings are sheltered or not. ALL these properties are subject to the 60K figure. What made me rest easier is one's total worldwide holdings at death must also exceed 5.2 million before any of these estate taxes come into effect. So unless I come into some great wealth before I croke or they drop the total holdings figure dramatically I should be exempt.
    May 12, 2013. 12:30 PM | Likes Like |Link to Comment
  • Is It Worth Holding Cash And Being Patient? [View article]
    "I also have the issue of being Canadian (and having only so much to allocate to US stocks)"

    Faye, what exactly do you mean by this comment?
    May 11, 2013. 03:05 PM | Likes Like |Link to Comment
  • Is It Worth Holding Cash And Being Patient? [View article]
    airlarr: U.S. based mutual funds cannot be purchased by Canadians.
    May 9, 2013. 11:56 AM | Likes Like |Link to Comment
  • Is It Worth Holding Cash And Being Patient? [View article]
    All of the stocks on your watch list have strong seasonalities. Their seasonal profiles are listed on equityclock.com. For example TGT's worst monthly performance over the past 20 years is June. The average performance for TGT for June is -1.6%. Of course this data is typical not absolute but it can be another useful tool in stock price trend forecasting.
    May 8, 2013. 03:09 PM | 1 Like Like |Link to Comment
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