Chasing dividends

[Butler1000]

Would you consider Morcado ?

I just glanced at it. I would have to look into it a lot more. I would not want to end up invested in a company that was doing a sub prime thing in Canada .

 

[Brightside89]

I just glanced at it. I would have to look into it a lot more. I would not want to end up invested in a company that was doing a sub prime thing in Canada .

Thanks I’m looking at it as diversification element and not a primary driver of my dividend portfolio and they let you choose the mortgage that you want to invest in and they have historically had no defaults so far.

I’ll do their bare minimum of 7k and learn how it goes, if it works out without monumental failures like historic mortgage defaults you can expect 6 to 8% of yield from each mortgage without worrying about swings.

 

[SamanthaJones69]

At the point where I’m looking for dividends rather than cap growth.
Any tips?
Been watching and playing ex-dividend dates.
Only interested in Canadian stocks.

Read Phil Town's book, very easy to digest and some good basic stock knowledge. As far as I know, bank stocks pay divy's

 

[jeff2]

The Canadian oligopolies have good long term records but some have been struggling as of late. Keep in mind that interest rates fell for about 40 years after the early 1980s peak.

 

[Indiana]

Is a utility ETF paying 14% sounding good?

 

[Brightside89]

Is a utility ETF paying 14% sounding good?

Which one ?

 

[rajput]

14% yield is ridiculous. run far away