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Stocks

mimico_polak said:
Cool thanks. Will have to check how to buy US stocks with QT then. I've only bought CAD / TSX offerings.
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To make things simple you can buy it as a Canadian depositary receipt. There is a management fee so it does cost a little, I think it’s .6%.

I don’t hold any so I don’t know the ins and outs but worth checking into. What is a Canadian Depositary Receipt (CDR)?

AAPL.NE is the ticker

Edit. Thought you mentioned Apple. Sorry Google is GOOG.NE
 
RIP to anyone deep in FB, down 25% today on an earnings miss.

Praying to all of the gods for AMZN today
 
regder said:
RIP to anyone deep in FB, down 25% today on an earnings miss.

Praying to all of the gods for AMZN today
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Kids RESP is in XQQ. Down over 30% in the last two months. Still ok and better return by miles than most other indexes.

I have no position in facebook as time has proven that social sites are easily replaced. Facebook blowing the budget on the metaverse makes me think they are well on the path to myspace. Stupid project, unlimited budget to attempt to catch a falling knife.
 
Still doing okay. Beaten my many others but not doing bad. As before, holdings in each account are mutually exclusive other than an RESP index containing a stock in RRSP.

2021-returns.jpg
 
@GG, Congratulations, those are incredible numbers, especially the 3 and 5 year results. Is the "cash" your Margin/Non Registered account.

Mine are nowhere in those ranges. However until my retirement (2 years ago) I paid very little attention to what my respective accounts were doing except reviewing the quarterly results and taking little actions on strategy.

Since retirement, i have been much more engaged now and the results show despite several mistakes made.
 
STARSHIP said:
@GG, Congratulations, those are incredible numbers, especially the 3 and 5 year results. Is the "cash" your Margin/Non Registered account.

Mine are nowhere in those ranges. However until my retirement (2 years ago) I paid very little attention to what my respective accounts were doing except reviewing the quarterly results and taking little actions on strategy.

Since retirement, i have been much more engaged now and the results show despite several mistakes made.
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Technically cash is a non-registered margin account but I havent done margin trading inside it. Late last year I pulled some heloc money and bought some dividend producing securities to pay off the loan. Some in tfsa, some in cash account. I suspect it would be more efficient to use margin to do it but I like to have my downside limited.
 
So can someone help me figure out what I can do to gain around $300-500 in dividends monthly?

Looking at bank and energy stocks for stability sake and want to get going with this as I’m way behind.

Any resources to help guide?
 
mimico_polak said:
So can someone help me figure out what I can do to gain around $300-500 in dividends monthly?

Looking at bank and energy stocks for stability sake and want to get going with this as I’m way behind.

Any resources to help guide?
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I have fru.to as a dividend payer it is at 5 percent at current value also have Alaris which is currently 7 percent. Gary is the man to ask about this I believe.

Sent using a thumb maybe 2
 
mimico_polak said:
So can someone help me figure out what I can do to gain around $300-500 in dividends monthly?

Looking at bank and energy stocks for stability sake and want to get going with this as I’m way behind.

Any resources to help guide?
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Invest $350k in VFV? Truthful but not very practical. How much money is available for this project? Does it have to be pure dividend or are you ok with Lightcycles approach of selling a share every x months to generate an artificial dividend?
 
GreyGhost said:
Invest $350k in VFV? Truthful but not very practical. How much money is available for this project? Does it have to be pure dividend or are you ok with Lightcycles approach of selling a share every x months to generate an artificial dividend?
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Not sure on approach or amounts.

Would need to figure out how to properly calculate the dividend payouts and then what’s required working backwards.

Hell even starting at $100/month is better than $0.
 
mimico_polak said:
Not sure on approach or amounts.

Would need to figure out how to properly calculate the dividend payouts and then what’s required working backwards.

Hell even starting at $100/month is better than $0.
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For example, VFV (Vangaurd S&P 500 ETF) pay $1.13 per unit per year and costs $101.98 per unit. If you want $300/month you need ~3500 units (~$350k). Now a sane person wouldn't buy VFV for passive dividends.

CHE.UN (Chemtrade Logistics Income Fund) pays 0.60 per unit per year but each unit is only $7.39. You need about $80K in this to get your 300/mo. It is riskier than VFV as it is less diversified.

I would work the other way. I have xxx dollars that I want to invest. I want to put it in yyy segment (REIT, broad market coverage, specific sector, etc). Which is the best fit/payout for me in that sector. Depending on your starting number, you probably get less than $300/month but you are on the path. I would probably pick sector coverage (eg utility etf) over specific company. Removes the chance of investment going to zero and means you don't need to pick winners and losers as you own the whole pile.
 
GreyGhost said:
For example, VFV (Vangaurd S&P 500 ETF) pay $1.13 per unit per year and costs $101.98 per unit. If you want $300/month you need ~3500 units (~$350k). Now a sane person wouldn't buy VFV for passive dividends.

CHE.UN (Chemtrade Logistics Income Fund) pays 0.60 per unit per year but each unit is only $7.39. You need about $80K in this to get your 300/mo. It is riskier than VFV as it is less diversified.

I would work the other way. I have xxx dollars that I want to invest. I want to put it in yyy segment (REIT, broad market coverage, specific sector, etc). Which is the best fit/payout for me in that sector. Depending on your starting number, you probably get less than $300/month but you are on the path. I would probably pick sector coverage (eg utility etf) over specific company. Removes the chance of investment going to zero and means you don't need to pick winners and losers as you own the whole pile.
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I have che.un as well forgot about that one.

Sent using a thumb maybe 2
 
Retired guys like me love Dividends.

I have 6 Banks and several Energy and Financial stocks that pay decent dividends and provide decent Market appreciation
additionally these are also in my Portfolio

POW.TO 4.7% 36% capital appreciation in past 12months
MFC.TO 5.0% and should do well with rising rates
BCE.TO 5.45% 20 % appreciation last 12 months
PZA.TO 6.12%
PPL.TO 6.11% +25 % appreciation in last 12
ZWU.TO 7.52% BMO Covered Call Utilities ETF (low expectations on Capital growth)
ZEB.TO 3.33% BMO Equal Weights Banks ETF 12 % Appreciation in past 6 months
 
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mimico_polak said:
So can someone help me figure out what I can do to gain around $300-500 in dividends monthly?

Looking at bank and energy stocks for stability sake and want to get going with this as I’m way behind.

Any resources to help guide?
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Here is a good list of dividend-paying stocks that are (relatively) stable and safe. My advice is not to overweight in one stock or sector, choose a variety of stocks across different sectors.

dividendearner.com

Canadian Dividend Aristocrats For January 2024

The Canadian Dividend Aristocrats list is comprised of over 80 Canadian stocks. Find your next dividend stock investment that fit your portfolio.
dividendearner.com dividendearner.com

I like their criteria for Dividend Aristocrats:

* The company’s security is a common stock or income trust listed on the Toronto Stock Exchange and a constituent of the S&P Canada BMI.
* The security has increased ordinary cash dividends every year for five years but can maintain the same dividend for a maximum of two consecutive years within that five year period.
* The float-adjusted market capitalization of the security, at the time of the review, must be at least C$ 300 million.
* For index additions, the company must have increased dividend in the first year of the prior five years of review for dividend growth. This rule does not apply for current index constituents.
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But as GG says, you can turn any non-dividend-paying stock into a dividend-payer just by liquidating on a regular basis, and not by trying to time the market. You set your own payout schedule. Bonus is that it removes a bit of the volatility by taking dividend arbitrage out of the equation.
 
STARSHIP said:
Retired guys like me love Dividends.
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So true. I also love the drip.

A simple google search of "best divi funds" shows banks, etc.......all of them are, what "they" consider, stable investments.
I've been doing this long enough to know, nothing is stable. Jobs, the stock market, cost of living.......nothing sneaks by, nothing, except the price of a $2 bet at the horse races.
So, for dividend investments, I prefer 7% or better. Caution to the wind, it's only money.

www.tradingview.com

High-Dividend Yield Canadian Stocks — TradingView

Some people pursue a strategy of investing in these dividend Canadian stocks so they can get consistent income, while also benefiting from any appreciation in that business' share price. Is that you too?
www.tradingview.com www.tradingview.com
 
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