Post by
taman1 on Oct 21, 2023 1:50pm
Back in again
maybe a bit too soon but nevertheless a good opportunity to ride up again to above $3. During the pandemic, the worst ever with Mike being closed we persisted and many bought more including myself.
The situation now are the nasty wars, dedollarisation and trillions debt positions and maybe recession
Those are bad and I hope the leadership has enough intelligence to get us all through and the perpetual optimism in me think we should as the alternative is doom and gloom
The yield here is approaching 10% ... the mortgage rates are getting to 8% ... bond yield are 5% ... looks like everything going up in tandem ...looks like the early 90s again when mortgage rates were 12% and properties value went sideways for 10 neither here nor there
DIV royalties however are spread out within our economy..life goes on ... people will continue to live spend educate drive eat clean stay healthy like what DIV invests in ...
I am cautiously optimistic with DIV ...glta
Comment by
BlueJay2020 on Oct 26, 2023 12:54am
Interesting anecdotal evidence. We used to order from Quesada every couple of weeks, but my 18 year old son much prefers Barburrito - its the way they cook the ground beef, apparently. Anyway, we started ordering from there instead ... the week before this new deal. Hopefully this is repeated all across Canada!
Comment by
dogatcat on Oct 26, 2023 11:12am
I have been looking up BarBurrito locations now when I am traveling and I find one common theme...lot's of young people eating there and very busy restaurants. I think this was a good deal. Can't argue with foot traffic!
Comment by
pierrelebel on Oct 26, 2023 2:47pm
Me too. Had sold our position last February. Purchased 12,000 shares this afternoon at $2.415 10% yield (with dividend tax credit) is hard to resist.
Comment by
4scotia on Oct 27, 2023 4:45pm
WAITING FOR $2.00.WONT BE LONG.glta.
Comment by
dogatcat on Oct 30, 2023 12:06am
DRIP into the stock every month and it takes away all the guess work. Just buy like clockwork and keep buying. You will get the best price without fail.