As mentioned in my previous post, I will be speaking at the Take Control of Your Financial Future Seminar, on behalf of the Canadian MoneySaver Magazine. The seminar will be held in Vancouver, April 20th, 2013, at the University of British Columbia. Five other CMS writers are also presenting. If you live in Vancouver or visiting, then be sure to come and check the seminar out! 🙂
Here are some notable reads from around the web this week:
Canadian MoneySaver editor Peter Hodson wrote a great post on the reasons why you shouldn’t sell a stock just because it went up in value. In what to Do?? Peter outlines all the reasons not to sell. As the previous Chairman and Senior Portfolio Manager at Sprott Asset Management, his advice carries weight. 😉
Dividend Mantra discussed in detail the split of one of his favourite core holdings, Abbott Labs, in reconsidering Abbott Labs (ABT) And AbbVie (ABBV). There is a synergy that works with all components of a company and which gives it an economic moat. Splitting those parts loses that synergy, and is like breaking apart a machine. Companies do not make a move like this unless they absolutely need to. Usually, a company will spin-off it’s less profitable division into a new company and retain the core company.
Dividend Growth Investor had a superb list of the U.S. dividend achievers and dividend aristocrats in, the dividend kings list keeps expanding. When companies continue to raise their dividends after a half-century or more of business, you can be certain you are buying a solid company.
Ever notice that when AAPL stock goes down, RIM stock goes up, and vice versa? People are pretty stoked about BlackBerry 10 right now, and RIM looks poised for more gains. Has Apple reached its Peak? Is RIM a turnaround company? Check out this post from Barel Karsan on Apple As The New RIM.
The world of tech never seems to stop changing. The Passive Income Earner asked an interesting question about the stability of the Telecom sector, in Is Netflix The Next Cable Model?
Eddie over at Finance Fox just got his blog redesigned, and it’s looking real sharp! Be sure to check out the new look. He could also use some more Facebook likes if you’re inclined.
Have a nice weekend everyone! 🙂