Back to Basics (Fed Up with Mutual Funds)

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I received an email from a reader this afternoon. Like anyone who invested in mutual funds for years, they discovered  they weren’t making money. Surprise! They wrote how “Fed up with Mutual Funds” they were, but didn’t know how to get started in Dividend Investing. There are so many questions for the new Dividend Investor. If you have been investing in mutual funds, then a lot of this can seem complex and overwhelming. But once you make the start you are well on the road to keeping your own money and getting paid regular dividends, instead of paying mutual fund …

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A Very Merry George Weston Christmas

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Hi George, just to let you know that your shareholders were very pleased to receive your most generous surprise dividend announcement yesterday, so thanks for the early Christmas gift. Really $1 Billion is a big gift! “TORONTO, Dec. 15 /CNW/ – George Weston Limited (“Weston”) (TSX: WN) announced today that it will pay a special one-time common share dividend of $1 billion, representing $7.74751 per common share, on January 25, 2011 to all common shareholders of record at the close of business on January 18, 2011.” On Dec. 15th George Weston (WN) closed at $79.38 per share, so this special …

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Stock Trades ~ November 2010

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[adsenseLeft] A Stop Loss was triggered for Pengrowth Energy Trust (PGF.UN-T) @ $12.75 on November 9th, for a net profit of $308.25 . A few more of those trades and I’m getting some good returns, and reduced commissions as well. I really liked Pengrowth since it has great growth potential, and an excellent dividend yield. So I was sad to see it sold, but I stick to my plan. Stop Losses help prevent real losses and maximize profits. I will buy Pengrowth again should the price decline or there is a breakout. From the proceeds of Pengrowth I purchased 50 …

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TD Lowers Trading Fees

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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 …

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