The Weekly Lineup: What to Invest In Now?

A nice little bonus arrived in my inbox this week from my accountant – a tax refund. That’s going right into my TFSA as soon as I receive it, and I have some nice ideas already lined up for that tid-bit.

Do I top-up my fixed income holdings such as Claymore CLF? Do I hold cash and wait for some bargain hunting if and when markets take a turn? Or do I invest in one of my high-yield stock favourites such as Rogers Sugar or BCE?

With markets, gold, and commodities at all time highs I’m inclined to keep my asset allocation in check. While many investors are not big on bonds or bond funds – the fact is they will provide a cushion when things turn sour. As everyone knows markets can turn on a dime! The chance of interest rates suddenly increasing month after month seems pretty slim, and markets are climbing to dizzying levels again. That’s why I’m considering Claymore CBO or CLF as my first choice.

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Today is the last day to buy super early bird tickets to the Financial Bloggers Conference in Chicago. There are only 2 tickets left at this price, so don’t miss out. Even the Dividend Ninja is going, and that is no easy feat from Vancouver!
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Honourable Mention

The Dividend Ninja was listed as the No.4 blog in 7 Dividend Blogs You Need To Read from Dividend Stocks Online. Thanks for the mention DSO and thanks for including the Dividend Ninja on your list! Congrats to the Dividend Pig for making the No.1 Spot!

The Weekly Lineup

Here are some odds and ends I really enjoyed reading over the last couple of weeks:

  • A great interview of Derek Foster on Money Talk with Patricia Lovett-Reid. If you missed it on BNN back in February, you can view the entire video on the Globe and Mail website. Derek’s advice to stay with brand-name quality and recession-proof companies is prudent advice!
  • Harper pledges to double the TFSA Contribution limit to 10K, but ONLY AFTER the deficit is paid off. I’m not exactly sure how many years that will take, so this ridiculous non-pledge loses the Dividend Ninja vote!
  • The 5 sexiest things about indexing make Index Investors the winners!  Who can argue with owning the world?
  • The Passive Income Earner reviews the dividends and financials for BCE Inc. This has to be one of Canada’s best dividend stocks to invest in!
  • The Dividend Monk provided an excellent review of Johnson & Johnson.  This is a favourite for both Canadian and U.S. Investors.
  • Dividend Mantra wrote an interesting article on diversification. This is one of my favourite topics to write about, and it’s quite clear “diversification” means different things for everyone.
  • My Own Advisor has a nice article on his favourite free stock screeners. TD Waterhouse has a nice Market Research section, very nice actually! But you have to have a TD Waterhouse account to use it.
  • Financial Uproar wrote a couple of really great articles this week on The Importance of Liquidity and How Come Cheap Airlines are So Cheap? Good work FU, but it was the jet picture that sold me on your article!

Have a nice weekend everyone!

5 Responses to “The Weekly Lineup: What to Invest In Now?”

  1. Dividend Mantra

    Apr 16. 2011

    Thanks for the mention Ninja!

    I loved watching the interview on Derek Foster. Although our stories are a little different, he is the reason I do what I do. When I heard it was possible to retire at 34 by earning a middle-class wage, I figured if he can do it I can too. I make a very middle-class income but have been inspired to retire by 40 because of him. I love that he still touts simplistic investing and he hasn’t really changed his tune after time. I invest a lot more of my net income than he ever did, based on what I know. But I also am probably never going to have the kind of investing home runs like he did with Altria. Great stuff!

  2. The Dividend Ninja

    Apr 16. 2011

    @Dividend Mantra
    Derek Foster was also an inspiration to me as well, that’s how I became hooked on dividend investing 🙂 The Dividend Girl while more risky in her approach also inspired me.

    The wonderful fact is you are young and have time on your side, and all those years of compounding dividends! If I had have started in my 20’s or early 30’s can you just imagine where I would be now! Don’t count yourself short, you’ll hit a couple of winners, and buy and hold over all those years will also be the winner. Keep up the good work DM! 🙂

  3. Thanks for including me in your round up. For me, Derek Foster unlocked my ability to buy dividend paying companies at no fees and to DRIP fractional shares with CIBC Mellon and Computershare. I was already aware although not focused on dividends.

  4. My Own Advisor

    Apr 17. 2011

    Thanks for including me in your list!

    I got a chance to hang out with Derek here in Ottawa a few months back. Pretty good guy. We had some beers and we talked investing. Clearly, he knows much more than I do and although our strategies are a little different, the premise remains the same: invest in quality companies that have a history of paying dividends. Coupled with his book successes, no doubt he is doing very well. Better still, the guy is happy doing what he does. In that regard, I commend him for sticking to his beliefs regardless what the nay-sayers say and write about him. I admire that.

    Back to you – enjoy the conference!!!!

    Congrats on your lil’ bonus from the Feds and enjoy thinking about “where to invest it”. That’s a fun process 🙂 Depending upon your fixed-income diversification, which is always personal, it you don’t need FI, go with BCE or another high-dividend payer. Where can you go wrong, really, with Ma Bell paying over 5%?


  5. The Dividend Ninja

    Apr 17. 2011

    Thanks for the great comment man! Now that must have been a reel hoot having some drinks with DF 🙂