Today the bad news on markets caused the TSE to slip nearly 80 points in midday trading. Commodity prices sank on reports of slower growth in the euro zone and China, which fueled concerns over the demand for Canadian resources. This was exactly the good news I was waiting for, as my order for 100 shares of Husky Energy (HSE) was filled at $25.49 per share.
As mentioned in my previous weekly lineup, I was waiting for a pull-back in the price of Husky, so today I was delighted to wakeup and see the TSE in the red.
Husky Energy is a stock I’ve been watching and wanting to own since I started dividend investing, but never seemed to actually buy. It was one of my 2011 Stock Picks, I chose it for the Dividend Growth Index, and again recommended it in my 2012 Stock Picks. Now I’m an owner in this company, and plan to hold this one for the long term. I’ll be buying more of Husky on the dips, ...
written by Hank Coleman
Mutual fund managers are getting confused. It seems like more fund managers are deviating from their fund’s stated focus and suffering from style drift in order to own one of the hottest stocks of the past decade. More than 40 dividend funds have recently bought shares of Apple even though the company does not yet issue a dividend. Even mutual funds that focus on small companies have gotten into the act. Over 50 small capitalization and mid-cap mutual funds have bought shares of Apple stock even though the company’s ballooning share price has made it the largest company in the world. Is this new development a good trend? Or, is it something to worry about?
Signs Of Things To Come?
Many people have predicted that Apple will begin to offer a dividend to its shareholders this year. Do these dividend funds know something that the rest of the public does not? Or, are ...