Toronto Escorts

Looking for recommendations on blue-chips to hold

DATYdude

Puttin' in Face Time
Oct 8, 2003
3,762
0
36
I'm considering buying some stock for my kids, the intention is to hold for 15-20 years. Any suggestions?
 

toguy5252

Well-known member
Jun 22, 2009
15,978
6,111
113
You really could go wrong with any of the big Canadian banks. Growth is not spectacular but steady and they are paying reasonable dividend at these prices with pretty steady record of dividend growth. They will benefit as interest rates start to rise they inevitably will. Depending on the amount you should think about enrolling in DRIP program regardless of the stock you buy.
 

lookin4kicks

Member
Aug 24, 2009
182
3
18
Aplle has been traded around the 275 mark for the last 2.5 Q's and has been valued by several annalists around the 500.00 mark even Buffet has said this.
 

bankerboy80

Member
Jan 12, 2007
203
23
18
Consider buying an ETF which tracks a large index such as XIU which tracks the TSX 60. There are also ones for the Dow and Nasdaq. The advantage is you are spreading the risk. There are also mutuals funds such as a monthly income fund which pay a decent monthly dividend and you get some capital appreciation.
 
Toronto Escorts