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BCE Is North of $40

Rockslinger

Banned
Apr 24, 2005
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Do you have any thoughts on continue to hold or sell?
I would hold. BCE is the bluest of blue chips with a great dividend and an oligopoly position (unless the Harperites screw it up with the foreign competition crap).
 

woodee

Member
Apr 27, 2008
167
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Thanks. I have had shares in BCE for a long time. I like the dividend and I'm not sure what I would put the proceeds into anyway.
 

oil&gas

Well-known member
Apr 16, 2002
12,220
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Ghawar
If the dividends from your stocks are spare cash it may be prudent
to reinvest them with the expansion of an income portfolio in mind. A portfolio
of 10--20 income stocks should have the flexibility for a monthly DRIP for
selective stocks. Lets say your portfolio comprises a mix of telecom stocks
like BCE, TELUS and Rogers, pipeline stocks such as Pembina and Keyera,
utility stocks including Northland Power and Brookfield renewable energy and
various oil and gas income trusts. At a time when your energy trusts are
trading at a discount while pipeline and utility stocks are getting pricey it
could be a good idea to put all your extra cash into your energy trusts until
they finally reach your target prices.
 

ispank

Member
May 11, 2003
218
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Central Toronto
Where to put money after you have your BCE shares -- or instead of BCE?

Instead of BCE - consider Telus in Canada or AT&T in the US. Both have a nice dividend and may have more growth in the next 24 months than BCE (still my favorite at the moment though).

As well as a telecom Oil&Gas's comment to diversify is excellent. Consider Enbridge, Transcanada Pipeline, or my current favorite Pembina Pipeline.

For bonds, I am staying with a bond ETF -- my current favorite is XRB -- which is real return bonds -- they do well when inflation is in the air -- a time when regular bonds do poorly.

But if it is safe dividends, keep your eyes on the Canadian banks. I like Scotia and BMO, my buddy likes Royal and the BMO Covered Call Bank ETF which accelorates your dividends with covered calls -- which does well when the shares are flat or growing slowly.

Consider some diversification into the US when the Cdn$ passes parr again, into sectors we do not have well represented here. The US may out perform Canada if growth stays slow esp. if it stays slow in China.

So I am basically agreeing with Oil&gas -- as much as I like BCE, it is not the only place to keep your money and I do not expect to see a $14 growth in the next 24 months like we saw in the last 24.
 

oil&gas

Well-known member
Apr 16, 2002
12,220
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Ghawar
Just want to add that some REITs are excellent choices to an income
portfolio. Boardwalk REIT and Northern Property REIT IMO should
be core holdings for risk-averse investors. Other good REITs I know of
are Crombie, Transglobe and Northwest Healthcare Prop REIT.
 

Mencken

Well-known member
Oct 24, 2005
1,047
40
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If the dividends from your stocks are spare cash it may be prudent
to reinvest them with the expansion of an income portfolio in mind. A portfolio
of 10--20 income stocks should have the flexibility for a monthly DRIP for
selective stocks. Lets say your portfolio comprises a mix of telecom stocks
like BCE, TELUS and Rogers, pipeline stocks such as Pembina and Keyera,
utility stocks including Northland Power and Brookfield renewable energy and
various oil and gas income trusts. At a time when your energy trusts are
trading at a discount while pipeline and utility stocks are getting pricey it
could be a good idea to put all your extra cash into your energy trusts until
they finally reach your target prices.
I strongly second what is above...which is really a controlled dividend re-investment plan. Instead of blindly re-investing in whatever is generating the income, whenever it happens, you can increase the odds of success by using some of that discipline to "buy low" from some sort of value perspective.
 

Rockslinger

Banned
Apr 24, 2005
32,783
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When Teachers withdrew their bid for BCE, they then sold their holding of BCE shares for $24.50. Dumb! Now Teachers doesn't own either BCE or MLSE. They could have own both. Dumb! Dumb!
 

djk

Active member
Apr 8, 2002
5,953
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the hobby needs more capitalism
Plus, you get a nice dividend every quarter. Teachers had a chance to buy all of BCE at $42.75 a share, instead they dumped their BCE stock at $24.00. How dumb is that?
Dividend is reinvested for now. I started buying when the bottom fell out on the buyout offer back in 2008.

Last I checked, book value was $22k and market value is $28k.
 

babyfinsta

Well-known member
Jul 2, 2005
2,372
31
48
On top of yo mama!
Just want to add that some REITs are excellent choices to an income
portfolio. Boardwalk REIT and Northern Property REIT IMO should
be core holdings for risk-averse investors. Other good REITs I know of
are Crombie, Transglobe and Northwest Healthcare Prop REIT.
i'd pick calloway reit over any of the above. all new properties with low future capex expenditures to worry about. also quality of anchor tenants are worry free for the most part.
 

oil&gas

Well-known member
Apr 16, 2002
12,220
1,618
113
Ghawar
i'd pick calloway reit over any of the above. all new properties with low future capex expenditures to worry about. also quality of anchor tenants are worry free for the most part.
Not a REIT I follow but I do know Calloway is well regarded by investors and analysts.

Those REITs from my posts were suggested with the sustainability and stability of
cash distribution in a protracted recession in mind. I notice a lot of Calloway's properties
are leased to such stable businesses as Walmart and Staples which should do well
in the current state of the economy. But I am worried that the economy could continue to
deteriorate in the coming years.
 
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