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Exchange Income Corp T.EIF.DB.L


Primary Symbol: T.EIF Alternate Symbol(s):  EIFZF | T.EIF.DB.J | T.EIF.DB.M | T.EIF.DB.K

Exchange Income Corporation is a Canada-based diversified acquisition-oriented company. The Company operates through two segments: Aerospace & Aviation and Manufacturing. The Aerospace & Aviation segment is comprised of three lines of business: Essential Air Services, Aerospace, and Aircraft Sales & Leasing. Its Essential Air Services includes both fixed wing and rotary wing operations. Aerospace includes its vertically integrated aerospace offerings that provide customized and integrated special mission aircraft solutions primarily to governments across the globe. Aircraft Sales & Leasing includes aftermarket aircraft, engine and parts sales and aircraft and engine leasing, along with aircraft management services. The Manufacturing segment is comprised of three lines of business: Environmental Access Solutions, Multi-Storey Window Solutions and Precision Manufacturing & Engineering. The Company also focuses on portable hydronic (glycol-based) climate-controlled equipment.


TSX:EIF - Post by User

Post by maplakon Jun 16, 2024 10:53pm
251 Views
Post# 36091499

General update

General update What is trending?  Trudeaudick increased capital gains on investments resulting  sell off before it comes into effect. Lot of dividend stocks are suffering as a result. CEO of SRU .UN sold over half a million shares.Own this as well. Last week Bank of Canada dropped interest rates in fear of mortgage refinancing. Apparently 67 % of  mortgages pending for renewal in 2025/26 . Dropping interest rates is  definitively not good idea since it will put pressure on inflation as CDN $ drops against US. I owe about 20 dividend stocks and remember during the last year my portfolio dropped almost 20% as I am cashing out all my dividends. Now only reinvesting ones in SDRSP because my wife is still working. In the fall recovered everything plus gained 8% to reach all time high. Recently going down again  as of now 4% . In my opinion since there is only one pile of money and since real estate and land investments are dead the most of the money will go into equities hopefully my portfolio won't go down like last year. I own EIF in two accounts. In one of them  payed $ 34.46 up 25 % in the other one  down 11% average price $ 48.66 as I added more recently the way too early. Time Builder suggested to take profit but the question is when you do that what to buy? It is not easy to pick up a new dividend stock and go green again. A few months ago I picked up BK up 3.5 % , CPX up 12% , MAIN up $ 9% ,RWT up 4% ,bud got hit on BIP.UN and AD.UN. Since retired I need dividend income so I will wait and hydrate and in mean time collect and grow dividends. As of now collecting about $ 25 000 a year goal was to collect $30 000 but gave money to my daughter for down payment to kick her out of my house. As I always say the best thing about having kids is to make them. 
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