Stocks and Golf Podcast David WInchell, Stocks and Golf Podcast David Winchell at Stocks and Golf, asked me back for another radio show chat! Be sure to check out Stocks and Golf Podcast No. 047, with my interview at seven minutes into the segment. David is an easy going guy who makes anyone feel comfortable. I always enjoy having the chance to talk with him. David asked me of course if I had any stocks on my watch list. So I was happy to share a sector I have been currently watching – the Canadian mining sector. I also discussed why I prefer a dividend investing strategy, and why investors need to be cautious in a rising market. Rogers Sugar Special Dividend Rogers Sugar (RSI) paid a special dividend of 0.36 cents per share, to shareholders on Feb. 28th. They had 64.7 million dollars of free cash flow, accumulated since 2007, and decided to distribute this as a special dividend. This was a nice dividend treat that added another $79.20 into my portfolio. I was able to add another ...

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Buy Low and Sell High is a great investment tenet. One of the biggest dilemmas with this investment doctrine, is when markets are down, it doesn’t always mean you have the funds to invest. Case in point, in May 2012 the TSX hit its 52 week lows. Although I have no way to know where market tops or bottoms are, I would love to have bought into some great stocks at that time. If I am already fully invested, and don’t have any investment capital, then it really makes no difference whether markets are down or up. While I don’t like buying equities in a rising market, I certainly don’t see the benefit of sitting on cash either. I like to get my distributions, dividends, and any potential for gains working for me sooner than later! For this reason I deploy capital when I have it available, rather than worrying about whether I am paying too much or getting a bargain – in other words I dollar cost average my positions over time. My good friend the Dividend Mantra, who purchases nearly ...

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courtesy of www.financialpost.com The markets continued their decline this week, with the TSX breaking below the psychological 12,000 level. Although the losing streak appeared to take a turn upwards on Wednesday morning, many investors are still remaining on the sidelines.   Whether the markets will continue to decline in another sell-off, or continue on another Bull Run is anyone’s guess. When markets dip, it’s an opportune time to buy shares of companies on your watch list, or top-up current holdings. Having sold my index equity funds back in early March, I was delighted when markets began their decline this April. It presented an opportunity to buy some good companies on sale for my TFSA (Tax Free Savings Account).  After all stocks have had a good run-up of late. With a few thousand in cash to go shopping for stocks I bought 100 shares in Husky Energy, and on Tuesday I used the remaining cash on hand, to purchase shares in the Bank of Montreal (BMO) at $58 per share. This will ...

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The Couch Potatoes Last week, Dan at the Canadian Couch Potato began a series of posts related to dividend investing. There is one fact in life. Put an Index Investor and Dividend Investor in the same room for a few minutes, and you are going to have some lively debate! Index Investors point out you cannot beat the market, so just invest in the market itself – they are right! Dividend Investors believe you cannot beat the growth and stream of dividend income from high quality dividend paying stocks. They are right also! Personally I like the idea of combining both Index and Dividend Investing. As usual Dan provides excellent research and the diversity of opinion and responses is enlightening. He posted about four articles since last Friday, and they are all worth reading: The Canadian Couch Potato I’m Contemplating the Couch I’m not talking about my sofa (or your sofa for that matter). I’m talking about the Canadian Couch Potato and Index Investing.  Can you see ...

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In the competetive business of online trading, TD Waterhouse has always had expensive trading fees at $29.00 per trade. But unlike Scotia iTrade, there are no hidden fees or inactivity fees. As long as you sign up for e-services then your accounts have no admin fees (other than RRSP’s under $25K). As well TD provides an excellent trading platfrom with excellent research tools. On November 4th TD Waterhouse announced that their $9.99 trade fee, which was only available to investors with over 100K in assets, is now available to investors with over 50K in assets. This is a welcome move for the small investor, and makes TD an excellent choice for online trading: “We are pleased to announce that effective November 4, 2010, clients with $50,000 or more in household assets, invested through TD Waterhouse Discount Brokerage, will now be eligible to trade Canadian or U.S. equities for $9.99 flat when using our online or automated telephone Electronic Brokerage Services. Canadian ...

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