RE:RE:RE:Really Don't Get It
cynic7206 wrote: JayBanks,
Thank you. That was one of the most useful posts that I have ever seen on the Boards.
My investments relatively conservative accept by some mining stocks that I regret buying. The challenge that I see now is that most stocks are so high that the probability is pretty high that they will be at the same value a year from now or lower.
I am investing for dividends so that I am not really concerned about price fluctuations but the challenge is finding a decent dividend rate. MKP seems to fit the bill and I look at BRE.
Thanks
I too bounce around with mining stocks, mostly as shorter term trades as a very small risky area where I see opportunities, but I have 2 long term plays.
This is a good sector for high stable yeilds, but good growth is an issue.
MKP - what I would call the best, it's very shareholder freindly which has caused investment/return growth outside of what the market does, usually close to the top of the yeilds and it tends grows but not predictablely or regularly, in and outta LSERM
BRE - is very stable payer, usually in the 8-8.25% yield range and pays monthly, it's shown value growth in the past, but it's gone very erratic for a few years even before Covid (My second favorite for the yeild)
FC - is anouther monthly payer with a stable base and yearly specials that bounce around, it is LSERM capable, but you pay a premium for it, it does grow, but that growth has been slowing which is why I'm looking to exit for a nice gain (I only bought in when it was depressed during covid as I seen an easy safe return path)
FN - has the lowest yeild, pays monthly, but it grows semi-regularly and pays out specials, also the shareprice growth has been excellent lately, I've just checked it is LSERM capable (I didn't think it was or maybe it's been added and I missed it) (I've thought about a starter position as is might be better than BRE, but I'm not fully on board as it seems somewhat based on higher sized mortgages, seems somewhat elitest in limited readings and for that I question safety)
TF - seems to be very solid in the sector, 7% yeild area most of the time, monthly payer, LSERM eligible (last time I looked in it seriously a while ago it was not listed)
AI - lower yield, monthly payer, it grows rather slow, LSERM eligible (I guess I was wrong on how many in sector qualify) I never really monitor this name as it's never been of interest to me
There is I believe one more but I can't think of it, it's never been of interest to me. FC has other parts to the company as a service to real estate agents I believe Royal LePage or someone and anouther security under its umbrella which I know little about and AI I believe is a smaller part of a bigger holding company If remember correctly. I don't concentrate much on the others, I just have a basic awareness of them because they pop up in my screeners and I have a couple on a passive watch lists that I can compare or be warned of sector movements.
I like to look for high yields and I like to play with rather unknown names like this and even smaller in various sectors, lately I've been looking for more longer term dividend growth to help swallow the rising rates coming and inflation which has put me into more standard larger companies with lower starting yeilds like AEM, CNR & added to my BCE all 3 of which I recently threw money in knowing dividend raises were coming.