RE:RE:Who said very little people are flying…You don't know that. You can try to time your in's and out's and some will work out, some not. CHR is integral to connecting Canada and please don't try to say people won't fly ever again. Humans suffer from recency bias.
Last year I was buying restaurants, nursing homes and this... when they were ground zero. My resto has re-instated their div and with that I've more than doubled and I am earning a 20% tax efficient distribution now. My nursing home is almost back to pre-pandemic highs and it never stopped paying. Chorus and travel lag because they take more effort than going out to eat or less essential than healthcare. But when the pivot occurs it will be quick and you can miss the capital gain and the juicy div that will come with it for years/decades to come.
givemeabreak1 wrote: maplak
Keep buying it may prove out in the future but for now no divadend in the near future! Money best spent elsewhere for the time being to take advantage of the power of compounding. Why are you putting it your wifes RRSP? Do you hate her and plan on a divorce lol!