tag:blogger.com,1999:blog-6818486532233792196.post7517825825431012917..comments2024-03-18T14:35:45.389-04:00Comments on The Dividend Girl: Could Canadian Tire be a good fit to my portfolio and what happen on the day that Derek Foster open the blinds and other thingsSunnyhttp://www.blogger.com/profile/10439081666297874311noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6818486532233792196.post-52515903316180904372013-11-13T14:54:42.315-05:002013-11-13T14:54:42.315-05:00Well, DG, the lights are S-L-O-W-L-Y coming on. It...Well, DG, the lights are S-L-O-W-L-Y coming on. Its very difficult to retire soley on a dividend income. I would say currently impossible at 40 or 50, unless you figure you'll live off the grid & hunt your own food. Our buddy Rich/Poor Dad talks about multiple streams of income. Some nay-sayers talk about "mastery" of the stream. When you retire somewhere around 60+ you will have CPP based on what you've contributed over the LIFETIME of employment. Its better to have an early (yes, those summer youth jobs count) + consistent employment history. Then you get a bit of OAS. Company pension if fortunate. Then what you've invested- savings, RRSP's, or anything else that provides income ie. property, business etc. I've mentioned in the past the Sask. Pension plan especially for job-hoppers, unstable work enviornments, contract employees. Then if needs be, what equity ie. housing, you can turn into cash. Its not a sprint, its a marathon--I take that back, its a triathalon. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-77039493313599826082013-11-11T09:25:46.557-05:002013-11-11T09:25:46.557-05:00maybe you should look at something like the 'B...maybe you should look at something like the 'Beating the TSX (BTSX)' approach developed by David Stanley?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-15082533161769422042013-11-10T17:55:19.864-05:002013-11-10T17:55:19.864-05:00Think who created the stock market and why??? plus...Think who created the stock market and why??? plus the options later on??? Rules of thumb for every winner must be a loser there are few winners but much more losers. Do not waste your youth on stock market unles you leave the money sitting there for 20 or 30 years.romannoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-9481942968577932322013-11-10T07:08:13.578-05:002013-11-10T07:08:13.578-05:00
At this point I guess you could just dump all you...<br />At this point I guess you could just dump all your savings into a couch potato ETF portfolio and forget about it.<br /><br />Depressing :(<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-57641456937887384312013-11-09T11:07:15.047-05:002013-11-09T11:07:15.047-05:00AW.UN ,dividend payout is the same
as profit per ...AW.UN ,dividend payout is the same <br />as profit per share ,no room for <br />dividend increase .Joskenoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-51473963103999672102013-11-08T20:39:02.552-05:002013-11-08T20:39:02.552-05:00So in other words 'get rich slow' with div...So in other words 'get rich slow' with dividends works just as well..<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-49814914188812920942013-11-08T14:01:51.272-05:002013-11-08T14:01:51.272-05:00I bought First National recently. Yield is 6.14%....I bought First National recently. Yield is 6.14%.<br /><br />https://www.google.com/finance?q=TSE%3AFN&ei=hDR9UrC6EcKdiQLJmgE<br /><br />Another one is A&W @ 6.32%, I am considering adding this one. <br /><br />https://www.google.com/finance?q=TSE%3AAW.UN&ei=hjR9UviwNsWXiQLRMQ<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-84338387183457724732013-11-08T08:36:00.593-05:002013-11-08T08:36:00.593-05:00Canadian Tire is a bluechip, but not a recession p...Canadian Tire is a bluechip, but not a recession proof stock. Their items are so expensive and they have lot of competion (Walmart, Home deport, etc). Think something people keep buying daily/weekly/monthly in any situation. One example, Saputo. Canada largest milk and cheese maker. Low yield, but it grows really fast.Anonymousnoreply@blogger.com