RE:RE:10 Year Yieldif you are following BCE and ENB, for example, why didn't you jump on ENB half a year ago or so when the dividend yield was close to 10%? Since then the stock price went up about $10 so it is hardly considered discounted. That would be 10%+ dividends per year for life, plus 25% capital return so far to boot. Isn't it funny how we can figure out all the great moves after the fact.
Dividends wrote: I,ve wondered why the markets are hitting their high's. is it all these new investors? Young investors i talk with all they look at is the dividend and the share price before COVID.
I started investing in March when I saw deals on banks. I knew they we're solid and now i'm gonna collect dividends 4 life. I've made about 40-50% on their speculative value and bought them all. I don't even care if the share price goes up, I just want the 4-5% divi.
I don't want to pay the high price as people can one day speculate it's not worth that anymore... I only buy when the system is in distress. They say time in the market beats timming the market, but I call bull.
The only thing I would buy right now is some Minto resedential and some Enbridge (might be a discount with people speculating and panicking over lines 3 and 5). keep your eyes open if you are an Enbridge lover!