RE:RE:RE:predictionHey Dave
Thanks. The dividend income/growth approach isn't for everyone but it sure works for us. It does require a certain amount of patience (which I think is missing in a lot of today's investors).
Good luck with your investments
Sarge
Davesnothere wrote: SargeX wrote: One other quick note for those that might be interested - we've added 280 shares at an average of $53.14.
SargeX wrote: I've been doing some portfolio "maintenance" and decided to sell all of our FIE and GRT.UN. We've done quite well with FIE and incredibly well with GRT (avg buy price = $59.02) but FIE never raises their divy and GRT has gone up so much that the yield has been down around 3%.
It's all about dividend income for us so there are much better places for the dough so with it, we've added to 11 of our 17 existing holdings including ENB, TRP, and PPL. I know ENB is near a 52 week high and it's close to both earnings and ex-dv dates but I think they are going to knock it out of the park with their earnings. I also think that ENB is going to go down less than $0.86 div payment on Feb 14th, reversing the trend of getitng smacked on ex-div day.
My other prediciton is that ENB will be above $60 sometime this year (maybe before Juky 1??).
Ciao
Sarge
Thanks for the update SargeX, I like your common sense income approach. Solid, not flashy.