Dividend 15 Split Corp T.DFN

NAV July 10

[AnEducator]

~$14.76. Please take this calculation with a grain of salt. There is a potential for an error beyond my normal target of +/- $0.04.

The NAV would need to rise a little over 1.6% to get to $15.00. The BoC announcement and commentary on Tuesday will be quite interesting.

[flamingogold]

Rate announcement will be on Wednesday and I expect a 1/4 increase again. Wage and food inflation still sticky high.

[rabnud]

Rate announcement will be on Wednesday and I expect a 1/4 increase again. Wage and food inflation still sticky high. raising interest rates in this era will only fuel inflation not curb it but all the idiots that run that deal are so old school they cant see their way in daylight 

[rixpix]

Raising rates makes stuff more expensive which in turn curbs spending. It also slows borrowing since payments increase. When you increase payments and have to pay more for stuff, you slow down spending and prices eventually start coming down, hence inflation slows down, and then borrowing rates will eventually come down again. Just becuase you don't agree with them, that doesn't make

[rabnud]

I call BS on that comment  raising rates in this day and age kills people and economy   want lower prices then make governmet less intrusive and reduce taxes and costs  lower fuel costs lower interest rates etc company can make their products cheaper hence inflated prices are reduced raising artes only helps people with GIC investements all other suffer  I lost 150K on

[Eoj123]

Well now your spending less, mission accomplished

[Vesta63]

Sorry to hear about your Reit holdings downturn. It would make anyone bitter, but that is the market. You are probably a young investor and haven't experience long term upside and downs of the market and the economy. Current interest rates are not even historically high, 6 to 7% is normalized. In the early 1980s when I graduated from college, interest rates were 21 to 22%, many many businesses

[flamingogold]

I bought my first home in 1987 with a builder's special interest rate of 12.75%. No joke. Sold 8 years later and didn't make a dime. The last 20 years of low rates created the biggest asset/debt bubble in history... sure Canada is a great country that attracts many new folks, but the history books will be written that rates were too low for too long. People gorged and now the price has to

[rabnud]

 As said the increase in interest rates has done nothing but make every day working people nothing but misery and will not curb inflation one little bit   when we paid 18% mortgage interest back in the early 80,s a house was only 50-100K   paying 6% now is 5 times as bad because its on 500K now  say and think what you like Iam 100% positive all the high rates will do

[rixpix]

The people that were already living on the edge when rates were 2.5% will get hurt now. Many will be forced to sell their homes. The alternative was to leave rates as is but that would eventually hurt a lot more people. Cdn $ would get crushed and that would be catastrophic!  Higher rates will curb inflation. No doubt about that, and while some might get hurt in the process, the alternative

[rabnud]

QUOTE:: Higher rates will curb inflation. No doubt about that, and while some might get hurt in the process, the alternative would have been a lot worse. I absolutely 100% disagree I think in days gone buy this worked but not in this day and  age this will  cause more debt and inflation will not render to high interest rates  in fact in many ways it will increase the cost of

[Eoj123]

Would you STFU about your sulking views, your opinion and $2.50 is worth a small coffee 

[Vesta63]

Yes indeed! Feel sorry for the young in debt, who have never seen tough times. It was too easy spending other peoples money. A storm is brewing.

[navgod]

So are/were you long this dog or are you just here to vent off topic?

[Vesta63]

No, just trying to educate on your vent on interest rates. I do own DFN for awhile and will add more soon.

[rabnud]

Vesta63 - (7/11/2023 1:41:45 PM) RE:RE:RE:RE:RE:RE:NAV July 10 No, just trying to educate on your vent on interest rates. rising interest rates in this day and age do nothing but further harm  the economy  and the working mans  finacial future  its causes the price of all consumer products to increase ;;  people  go deeper into debt like high mortgage

[flamingogold]

I can tell you that IF rates were to double from here (extremely unlikely), you could pretty much throw the housing market into the toilet and that's even with the current amortization extensions that the over indebted have currently been granted. Unless wages follow inflation up, people can only afford to pay so much/month before the economy breaks. Fiscal policy is still the most effective

[mouserman]

Fiscal policy around the world created trillions of fiat $$ floating about out there,  which has the natural ability to make everything more expensive.  So now fiscal policy will raise rates to affect whom?  Certainly  not the bankers and the elite who promoted the HUGE spending to battle the flubug. Immigrants coming into Canada at a rate unseen int he past, about 3 million in

[rabnud]

its hurts all people that rely on jobs and banks  to  exist   government carbon tax and such add further fuel to the fire   interest rate hikes are killing the avergae working person  Fiscal policy around the world created trillions of fiat $$ floating about out there,  which has the natural ability to make everything more expensive.  So now fiscal

[navgod]

BooHoo you lost some money in the market and its everyone else's fault. So the bankers and the elite and immigrants are to blame -- I sure you have some others on your list. Having spent 3 weeks in hospital with Covid the flubug reference just confirm your ignorance. Now lets get back to DFN

[flamingogold]

Last Fall Powell warned that pain was coming. From what I am reading and hearing lately this is starting to materialize but unfortunately they are not done. Tomorrow the BoC will likely raise another 1/4 pt.

[Mmb060]

Looks like the mkt is believing no distribution!