RE:RE:RE:RE:Deisman and the oversold trustguerreiro wrote: " deisman03" thanks for your explaination and point of view. Would like some tips on some of the stocks you follow in terms of safe Dividends and some capital gains as a good buy.
What would you follow and buy at this moment given that you have the cash from KWH.un.
Cheers
There is no such thing as a 100% "SAFE" investment.
I don't like to give out more than I already have, because I am not as risk averse as many here are. I'm also not as astute/intuitive as many here are. So I will not expand.
I can only tell you I NEVER take on more investments than I can keep up with. I'm not wealthy enough to afford a select board of analysts so very seldom have more than 3 stocks going at any given time. I was given this advice by a very successful investor who can afford cadres of paid analysts/investors to present him with viable long term advice.
That doesn't mean I don't lose on occaision. Thankfully I've been successful more often than I failed.
If I were younger, I would pick up a dividend paying stock like FTS on the TSX. I'm in Canada and usually play Canadian stocks. Fortis is a very steady growth stock and increases its dividend every year. It took over a company I used to invest in called BC GAS. Looking back, I should have just took the offered share exchange but I wanted MORE. I was lucky and got more. It could have been the other way around.
FTS is one that you put into a TFSA and just let it ride while collecting the DRIP and just letting it grow at a compounded rate. THIS IS JUST IMHO OF COURSE. Please do your own DD.
GLTA the good folks here