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selkirk

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agree with most of the article, also have a play on rmx rubicon, actually a spread play 4-6.

agree with most of the companies listed, most would pick suncor or cnq (canadian natural resources), still imperial oil is well run and will have a oil sands play in a few years producing.

prefer cnr (cni) over cp but both are good railways, cnr cni have been long term holdings, would agree they are not cheap or cheap but still should have upside.

IE, Bill Gates must be happy with CNR (CNI), far better performer the last ten years than microsoft.

not sure about Uranium but own cco cameco with 30 covered calls, over time should do good/well.

by the way coming election, should be conservative minority, or majority, and the NDP may be leading the opposition for the first time.

though not sure about carbon tax, jack is moving the ndp quickly to the middle, and there will be little difference from all the parties.

all parties support balanced budget, difference corporate tax 16.5 % ndp, 15% conservatives.
time will tell, foreign investments should always be encouraged. cdn. dollar looks to be going higher.

actually snowed today but it is melting, spring will be here in a few weeks...or so....someday....

thanks
selkirk
 
I

IE

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agree totally with you on mondays election.
 
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selkirk

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well the Canadian election had some surprises.

the conservatives won a majority and the ndp got opposition. the big surprise(s) was both the liberal leader and bloq leader lost their seat (riding).

also the bloq only got 4 seats in Quebec, thought they would do bad but would get over 10 seats.

people say the liberal party which were always in government or opposition are finished. no, they should get a new leader and start to rebuild, after all the conservatives at one time got reduced to 2 seats and now they have a majority.

nothing radical, slow and steady, and hopefully the budget is balanced in 4 years. so there can be a few more tax cuts and pay down the debt.

freelancc The Band, the last waltz is considered by many as the best music documentary, other would also consider rolling stones live at altamont.

thanks
selkirk
 
DOGS THAT BARK

DOGS THAT BARK

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selkirk said:
well the Canadian election had some surprises.

the conservatives won a majority and the ndp got opposition. the big surprise(s) was both the liberal leader and bloq leader lost their seat (riding).

also the bloq only got 4 seats in Quebec, thought they would do bad but would get over 10 seats.

people say the liberal party which were always in government or opposition are finished. no, they should get a new leader and start to rebuild, after all the conservatives at one time got reduced to 2 seats and now they have a majority.

nothing radical, slow and steady, and hopefully the budget is balanced in 4 years. so there can be a few more tax cuts and pay down the debt.

freelancc The Band, the last waltz is considered by many as the best music documentary, other would also consider rolling stones live at altamont.

thanks
selkirk
Click to expand...

--how about making Cuba a providence--that would be sweeeeet :)
 
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selkirk

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actually a member of parliament years ago had the idea of having a caribean nation (island) not Cuba, join Canada.

the island had 100-130,000 popluation and 10-13% unemployment, and improving standard of linving. tourism was the number one industry but it did not go very far... who knows might have worked.

thanks
selkirk
 
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selkirk

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I have no concern that the companies would cut their dividends in five years, of coarse if a credit crisis hit like 2008, then may change the prediction.

the big 5 cdn. banks have not cut their dividends even through the depression. so believe the common dividends are safe....for now.

own bmo and cm, in a drip, spp account long term holdings. also own trp along with enb and fts in the utility space. would rate most of the stocks as short term holds and long term buys.

only one do not own is Royal Bank, for now, do now own it directly own a bank etf so own it indirectly most cdn. banks are also short term holds but long term buys.

mfc is the most risky of the plays but safe dividend as they are past their scare.

not concerned with the companies. the ones listed.

more of a concern is how many perpetual preferreds are in the etf, these etfs yield about 1% more but carry my belief much more risk.

a typical 10 year preferred from bmo yields 3.50 however a prepetual preferred can yield 5.50%. the only problem some of these most have no maturity dates or very long, ie. 30+ years, and are at the dicretion of the company. this is fine as long as rate do not go up, but if rate even went up 1% then you lose money.

probably a decent long term holding, would make it small and not sure about the long term. the less prepetual preferred they hold the more would like it...


should note since I have been warning agaisnt these they are up 10% plus yield 5-6%. however there are many who have 100% portfolio.

this probably follows a index and only has a small amount...so decent income play. small play.

thanks
selkirk
 
DOGS THAT BARK

DOGS THAT BARK

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Jul 13, 1999
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selkirk said:
I have no concern that the companies would cut their dividends in five years, of coarse if a credit crisis hit like 2008, then may change the prediction.

the big 5 cdn. banks have not cut their dividends even through the depression. so believe the common dividends are safe....for now.

own bmo and cm, in a drip, spp account long term holdings. also own trp along with enb and fts in the utility space. would rate most of the stocks as short term holds and long term buys.

only one do not own is Royal Bank, for now, do now own it directly own a bank etf so own it indirectly most cdn. banks are also short term holds but long term buys.

mfc is the most risky of the plays but safe dividend as they are past their scare.

not concerned with the companies. the ones listed.

more of a concern is how many perpetual preferreds are in the etf, these etfs yield about 1% more but carry my belief much more risk.

a typical 10 year preferred from bmo yields 3.50 however a prepetual preferred can yield 5.50%. the only problem some of these most have no maturity dates or very long, ie. 30+ years, and are at the dicretion of the company. this is fine as long as rate do not go up, but if rate even went up 1% then you lose money.

probably a decent long term holding, would make it small and not sure about the long term. the less prepetual preferred they hold the more would like it...


should note since I have been warning agaisnt these they are up 10% plus yield 5-6%. however there are many who have 100% portfolio.

this probably follows a index and only has a small amount...so decent income play. small play.

thanks
selkirk
Click to expand...

Thanks Kirk---My 1st thought was going through their holding and cherry pick a few companies individually--but tough for U.S. to buy perferreds from many Canadian companies.
 
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selkirk

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DTB believe for the most part the preferred in cdn. and the US are similar at this point in time.

people are chasing yield, at one time you could get a higher yield with cdn. debt even though many of the companies were more solid than some of the US counterparts. however now the yields have come down.

another example is reits, cdn. reits would yield 8-10% and read a report of some recomended reits in the US they had lower yields and more risks. however since then the yields have dropped as the prices have rallied. many have doubled since the lows of 2008.

thanks
selkirk
 
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