Well it's Friday and another roller coaster of a trading week has passed. Any gains have been neutralized by violence that erupted half way around the world. Saputo on the other hand is the only company I have seen who recalls products and their stock price keeps moving up like a freight train. I have my eye on BMO as it is inching it's way closer to it's 52 week low and Royal Bank seems to be the underdog of the big 5 banks in 2010. It's been a proven strategy to buy the underdogs of the banks each year because they have no place to go but up.
I apologize for the lack of updates, but since I started working 6 days a week my free time is very limited. I had to re-vamp a few posts I had planned to publish, but I should have one ready by the end of the weekend.
5:30 AM sure comes quickly on the weekends.... Have a good one!
9 comments:
I would love to see BMO at/below the $55 mark. What a yield!!! Good luck with work - I have been doing the same and the free time is extreeeeemely limited. Still finding some time to sneak and check the market !
-Lanny B.
Hi Guys: I am new to the Blog but really appreciate the comments and work done. I am in a bit different situation than you guys retired now for 2 years. I am 57 and enjoy being retired and have started late in investing. I had mutual funds for a few years and got quite discouraged but finally think this is the way to go....late but looking ahead!
Dannyboy
Again, love the list.
Yeah, take the plunge man and buy a few shares of BMO before the dividend increase comes later this year :)
Here is a site I have found useful. http://www.dividendinvestor.ca/
You do have to pay for more extensive research.
Maybe better to start with buying some solid ETF , like XIU that also hold BMO as well as other banks?
Heh guys: I am wondering where you guys park your cash while waiting for a good buy to come along?
I know in your trading account the interest is kind of low, but if a good buy comes along you need it readily available.
Thanks for your input.
Dannyboy
Lanny B:
I agree,no matter how busy I am, there is always time to check the market!
Dannyboy:
I feel your pain with mutual funds. It is never to late to start down the right path to financial freedom. I keep it in cash form so I can use it ASAP. Once I sell my condo and things go back to normal I will be getting a marginal account so I can set up some stink bids.
Mark:
I will take the plunge, just waiting for a transfer to go through.
Gibor:
I know you get all your eggs in one basket with ETFs, but If I can grab BMO with a 5% return and a dividend increase later in the year, then I'm all for it.
Hi Guys: Just wondering what US stocks you invest in if any? Thanks for the input.
Dannyboy
I hold some dividend aristocrats like ABT, PM and some metals like PALL and PPLT.
Planning to buy some more, watching ARR, KO, PEP, MCD...
I have also question to guys lol. Is anybody hold internatinal stocks (except Can and US)?
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