TSX:BPO.PR.A - Post by User
Comment by
CrazyTraderon Nov 20, 2023 3:58pm
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Post# 35745141
RE:RE:RE:RE:RE:RE:RE:RE:That ~14% yield will jump to probably ~15%-25% for most
RE:RE:RE:RE:RE:RE:RE:RE:That ~14% yield will jump to probably ~15%-25% for mostDemDem, you're right, it can be very scary. I do try to do a little DD on the stocks I buy, but really I don't "know" the business or the companies I invest in. I'm all over the place.
Before BPO, I jumped in TNT without looking first. I jumped back out after couple days, after doing some DD. That was probably back in March or April. Broke even.
Hopefully I didn't jump out of the frying pan and into the fire. Being Prefer shares makes me sleep a little easier, and the fact that BPY is basically Brookfield's Mothership for real estate.
If you can compound 100%ers in your TFSA/RRSP and do it over and over..... it's exponential, and no tax (no tax on TFSA, and tax only when you take it out of your RRSP).
MAXIMUM RISK on those accounts! Crazy way to play, but reward can be CRAZY.
All just my opinion/view/thinking.