RE:RE:RE:RE:RE:VET Article at Laurentian ResearchSplits are great in a bull market, but the cap shares get hammered when the market slows. The leverage can catch up very fast. I have some preferreds - nice, when everything else is tanking (like last winter) and they barely wiggle.
deisman03 wrote: Back in August I picked up a large (for me) block of BK for income purposes.
I put some into my wife's RRIF, my RRIF and my grandson's RESP. Recently there were some trading changes allowed and it popped a buck, which is nice for me as far as an unexpected capital gain but it also means a raise in the dividend as they pay out an average of the overall price during the year of 10%.
No, I'm not pumping BK. It has its issues just like any other investment. It's just a steady payer and because it's a basket of banks, more like an ETF.
I like VET. I don't have dozens of stocks in my portfolio for the plain simple reason I can't watch more than 3-5 properly at any given time.
GLTA the good folks here