Sir Royalty Income Fund T.SRV.UN

Picked up 800 @ $10.80

[BlueJay2020]

10% yield is a good risk/reward for me at this point.  If it goes sub-$10 I will pick up a few more.

[BlueJay2020]

Unfortunately, I was distracted briefly this afternoon and failed to pick up any around the day's low of $10,11.  Ah well...maybe I will get another chance tomorrow.

[wildrunner11]

Feel the stock market will be bouncing up and down over the next week or so until we truly know how severe this variant is. It will be a couple of tough weeks in the market. Also, I feel there is a bit of a sell off as the mutual funds rebalance their stock portfolio for the dec 31 reporting. 

[BlueJay2020]

Totally agree! Portfolio managers will have done brilliantly this year so you can see why they might want to take risk off the table fir the rest of the year. I used to fear volatility as a threat, but I have learned to view it as an opportunity. Some very interesting opportunities opening up for dividend payers...including Sienna, Manulife, NFI and Keyera.  

[Robsopinion]

Looks like a good, well timed buy BJ! I was watching it closely, but was placing all my buy orders on a junior gold miner that is the target of a takeover. Unfortunately didn't end up buying anything. I had shaved off part of my SIR position at around $11.75 and watched it only climb from there. It was very tempting to get them (or some) back at over a buck less, with that 10% yield, and the

[flamingogold]

Yes, good move. It would have made for a good trade for me, but I am already fully loaded here and didn't want to hold more shares in case we didn't bounce. I'm keeping some powder for a possible swoon in the split share sector (DFN particularly), which a good divy payer but I want to get it lower for some insurance against market shocks. Got DGS for half of what it is now and collect