Toronto Escorts

Interest Rates

Rockslinger

Banned
Apr 24, 2005
32,783
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Looks like Canadian interest rates will start climbing later this year, maybe as early as July. The current historically low interest rates are great for BORROWERs but is brutal on SAVERS who are getting less than 1% on their savings.
 

21pro

Crotch Sniffer
Oct 22, 2003
7,830
1
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Caledon East
some of the dividend stocks in my portfolio are still yielding over 10% thankfully.
 

oil&gas

Well-known member
Apr 16, 2002
12,225
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Ghawar
some of the dividend stocks in my portfolio are still yielding over 10% thankfully.
I wonder if your high-yield stocks are income trusts actually.
I can think of a few stocks (I mean stocks of corporations not
income trusts) with yield as high as 7--8 %. Something has to be very
wrong with a stock offering a yield over 10%.

I won't worry too much about the impact of
the anticipated rate hike on income stocks. A substantial rate
hike would raise the yield of most income stocks
(through depression of the stock prices). But I bet the hike would
in all likelihood be modest.
 

oil&gas

Well-known member
Apr 16, 2002
12,225
1,622
113
Ghawar
Looks like Canadian interest rates will start climbing later this year, maybe as early as July. The current historically low interest rates are great for BORROWERs but is brutal on SAVERS who are getting less than 1% on their savings.
Many of these savers are unfortunately seniors in retirement who
have to put most of their savings in cash and other ultra-conservative
investments like canada savings bonds. Returns of their investment
are dismal. Worse than that their savings will continue to be eroded
by currency debasement on a global scale. I bet we will see severe
or even hyper- inflation to kick in within 1-3 years. Many of these
seniors will have to deal with unexpected financial difficulties in their golden
years I am afraid.
 

SkyRider

Banned
Mar 31, 2009
17,572
2
0
I wonder if your high-yield stocks are income trusts actually.
21Pro might have bought his stocks years ago and the 10% current yield is due to dividend increases over the years. My broker said that one of the older brokers in his office actually own a few stocks where the dividend yield is 100% or close to 100%. Maybe he bought Royal Bank stock 50 years ago.
 
Ashley Madison
Toronto Escorts