BCE
- Thread starter Carvher
- Start date
With the bloodbath of interest rate sensitive stocks. BCE is holding well. It is long term hold.
Energy stocks are in the dump. I only have ENB long term hold same as SU. I wish I had some extra cash as TOU has badly beaten.
As predicted BCE rose to 56.03, both BCE and CPX are showing signs of slowing.
Question : Do you guys that own BCE, CPX, TOU and ENB buy and hold or do you trade it?
I am an income investor . I hold BCE, CPX and ENB(52avg). I do trade TOU but most of the stocks that I have I hold and collect distribution/div. I am comfortable with my holdings. GL
I
Jan 19 Noon.
- CPX $37.17 The market has shifted and CPX may go higher in the short term
- BCE may be coming to a change in direction as the highs and lows are getting thin.
- ENB $48.14 is set to go higher
- TOU $57.31 seems to be at a low and may also make a move higher.
TOU is a good stock to trade, but I am after bigger game. ENB, TRP and BCE can also be traders, they are sure and safe.
BTW - Do not tell U-man I am using his EMMM ( Enny, Meany, Miney, Moe ) stock picking method. If he finds out he will shut me down.
- CPX $37.17 The market has shifted and CPX may go higher in the short term
- BCE may be coming to a change in direction as the highs and lows are getting thin.
- ENB $48.14 is set to go higher
- TOU $57.31 seems to be at a low and may also make a move higher.
TOU is a good stock to trade, but I am after bigger game. ENB, TRP and BCE can also be traders, they are sure and safe.
BTW - Do not tell U-man I am using his EMMM ( Enny, Meany, Miney, Moe ) stock picking method. If he finds out he will shut me down.
I hold long term and will ride dividends for the next 20 years in the cash account. I sold some bce at highs in my tfsa. Last sell at 65. Cpx and bce in cash account.
I would like to buy more bce and cpx but I'm already heavy in utilities and the telco. Not sure if I am going to buy more. I'm leaning more towards TD at $77.
I prefer to shadow a stock and buy low and sell high. Hit and run. As I have demonstrated, I can know the daily direction of a stock. Know the high and the low so I can pounce like a cat. BCE, CPX, TOU and ENB are very safe predictable stocks, I prefer faster stocks with larger yields. Buy and hold makes me crazy with the ups and downs, I just want the ups.
TD @$81.17 will make a move higher from here.
BMO, RY, LB, and NA has already started to make its move higher
CWB, BNS has not gone higher, but I expect these two will follow the bank stocks and go higher
TD @$81.17 will make a move higher from here.
BMO, RY, LB, and NA has already started to make its move higher
CWB, BNS has not gone higher, but I expect these two will follow the bank stocks and go higher
Last edited:
With all your trading you must pay a considerable amount of gains. Then again, you can offset with losses.
I haven't taken that step and unsure if I ever would. Seems like a lot of work keeping track of the taxation side of it.
I would buy bns,; but I have a larger position with them, then TD.
I have some BNS also.
Always hard to know what is going to happen.
This article seems useful about the overall market:
Knowledge may be 'moonshine,' but there are ways for investors not to be fooled
Predicting what markets will do over the next 12 months has not produced good results. Find out more.
financialpost.com
If you can, buy more to trade and not buy and hold.
Never complain about having too many gains. If you are right more often than you are wrong you are way ahead. I prefer trading to buy and hold, I find it much more profitable. To keep track of gains/losses, at the end of the week you tally up your gains and losses, it makes thing much easier at the end of the year. If you incorporate your trading you will pay much less tax. You only take as much cash out of the Corp.out as you need,
Last edited:
I have some BNS also.
Always hard to know what is going to happen.
This article seems useful about the overall market:
Knowledge may be 'moonshine,' but there are ways for investors not to be fooled
Predicting what markets will do over the next 12 months has not produced good results. Find out more.
The Fund invests in a portfolio consisting of common shares of the six largest Canadian banks and the four major publicly traded Canadian life insurance companies:
Stock name is LBS
| Bank of Montreal | Great-West Lifeco Inc. |
| National Bank of Canada | The Bank of Nova Scotia |
| Canadian Imperial Bank of Commerce | Royal Bank of Canada |
| iA Financial Corporation Inc. | The Toronto-Dominion Bank |
| Sun Life Financial Inc. | Manulife Financial Corporation |
The investment objectives for the Class A Shares are to provide holders with regular monthly cash distributions targeted to be $0.10 per Class A Share and to provide the opportunity for growth in the net asset value per Class A Share.
For some unknown reason , the price dropped to 5.50. I was able to buy many shares and get a monthly div. 80% of it capital gain and up 27% to date.
I got real lucky when covid hit I bought SBC at 6. I kept adding to it and sold it at $15.
Others tend to play banks via ZWB.
LBS is concentrated in Canadian Banks and insurance companies to give buyers confidence that they are dealing exclusively in sure and safe stocks. They are doing for the average investor what I would do for myself. LBS is taking advantage of the daily highs and lows and make magnificent profits. Even after taking their profits and expenses they are still able to pay the average investor more than they can make on their own.
( LBS may be in for a quick pop higher this coming trading week )
In mid Aug. 2023 LBS started to sell off, since then there seems have been 3 massive institutional sell offs. For what reason, I do not know. I am sure it is for a significant reason.
SBC and ZWB has dropped off since Jan 2022, but seems to be recovering. People may rush to safety in this type of stock during hard times.
( LBS may be in for a quick pop higher this coming trading week )
In mid Aug. 2023 LBS started to sell off, since then there seems have been 3 massive institutional sell offs. For what reason, I do not know. I am sure it is for a significant reason.
SBC and ZWB has dropped off since Jan 2022, but seems to be recovering. People may rush to safety in this type of stock during hard times.
lBS is long term hold for me as income investor. Since i am up 27% will keep it and ride it. l will sell at 11 hopefully. We wait Bank of Canada statement this week.
Let us see where the LBS is next week and I will tell you what the possibilities are.
i have been holding SU and keeps dropping. i was tempted to buy CCO at 40. Missed the boat
BCE Jan 19 high 56.18 - Jan 26 Low 54.51
2.98%ENB has not gone far from Jan 19 $48.14 to$48.41 but has been in consolidation all week, it may go higher soon.
TOU has gone from $57.31 to $59.55
4.15% and may go higher.This week :
TD
1.75%Jan 19 to Jan 26 low to high :
BMO
3.78%RY
2.05%LB
3.34%NA
3.14%CWB
2.50%BNS
1.97%This week :
Jan 19 to Jan 26 low to high :
LBS
2.86%Banks and Insurance are slow and sure but not my speed, I prefer bigger game. If you can make 10% on your money each month, by compounding your profits you can triple your money.
Last edited:
BCE Jan 19 high 56.18 - Jan 26 Low 54.51
I will be happy to hold and collect div.
ENB has not gone far from Jan 19 $48.14 to$48.41 but has been in consolidation all week, it may go higher soon.
It has done. We will may see some upside due to shipping issues. It will drop a lot after ex-div. Last time to buy.
TOU has gone from $57.31 to $59.55
Great stock.
This week :
TD
Jan 19 to Jan 26 low to high :
BMO
RY
LB
NA
CWB
BNS
This week :
Jan 19 to Jan 26 low to high :
LBS
Happy with LBS and collect juicy div monthly. SIA, SRU.UN, SGR.UN and AP.UN has done well and I expect they will be up big time after 2 interest cut this year.
Wish I had cash to buy MG.
Banks and Insurance are slow and sure but not my speed, I prefer bigger game. If you can make 10% on your money each month, by compounding your profits you can triple your money.
You can do both, some people do. If you can hit the highs and lows and time the ex-dividend dates you can have your cake and eat it too, with seconds if you want. Collecting dividends are not my style.
I command a commando hit unit, I hit and run .......................and go on to the next target.
Last edited:
