RE:RE:Some thoughtsHey Def
Another great question on the lower yielders. Coincidentally, I had just been giving some thought to possible future alternatives for our extra dividend cash. I have decided that our 17 stocks now have a big enough book value that I don;t want to add any more to them. I had actually been making a list that had CNR, BAM, and WCN on it for individual stocks and had also been considering just putting it into VDY (which the grandkids have but we don't)
When I first retired in 2013, I was actually unsure if we would be able to generate enough dividend income to live off. Due mostly to our fantastic timing on becoming dividend income/growth investors (the great interest rate tantrum and ohter boomers mvoing into dividend stocks), that is definitely no longer an issue as we generate more than 2.5x what we need.
Take care
Sarge
Defiance2050 wrote: Some good thoughts that people have added. As someone who is significantly younger (will hopefully become more conservative + passive overtime) it is helpful seeing others opinions
I understand the defensive nature and dividend focus but what about those that have lower dividends, use NCIB and invest or acquire more CP, CNR, ATD-B, Dollarama, BAM-A, WCN.