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BAM put out an offer circular to BPY unit holders seven or eight(?) months ago when the shares were trading around $14. I though that was what you were talking about, nice to see it`s not. I think the offer will be improved so I'm holding. I'm in under $14 so my yield is better than current, closer to 12%, and given BAM's current 50%+ stake in BPY, pretty secure.
I also hold bpy and have had it for a long time, I'm holding on for 2 reasons , 1. I agree and think bam will bump it's offer a buck or 2 2. I get to clip another juicy quarterly divy this week. so for me it's like sitting on cash, I thought about selling when they made the offer but most of the experts I listened to, and history also says that a sweetener is in the offing. I already own bam, bought recently on the dip in January just under 50 so won't be converting my bpy which I was originally considering. I'll sell it when they bump the offer, if they do, or maybe after the ex div on the 25th, or maybe tommorow or today if it makes a last minute run by the divy clippers buying, lol. anyhow it's nice to have a decent floor on the price, it was sure a rough ride thru the pandemic holding this one.

I used to own smu.un and owned it for a long time and sold at a bit of a loss (up a bit overall from all the divy's) in the low 20's back in june, Goldhar is a very smart cookie and keeps adding, I'll buy it back eventually but still a bit concerned about their retail exposure and rental pricing dipping in toronto. very well diversified though and has had a good run recently but I have enough reit exposure for now, if I owned it now I wouldn't sell it.
 
I'm starting an income portfolio and looking for stable high yeild stocks ideas?
So far i'm looking at [AB] AllianceBernstein Holding L.P. It's a large cap that analyst like,
trading at 35.80 with a avg. target 40.00 With no debt with a forward div. yeild of 10.47%
 
I can't even imagine how much investment guys make could you imagine scaping a point off annually of like 100 different customers?

They make it all around, fees in funds, IB deals, private placement fees, scrapes off guys like me...and then they have the transactional accounts that they will churn the **** out of to generate fees, hoping no one notices. Even for flat rate accounts they will churn the dollars around to generate fees from the funds, and the list goes on and on and on.

I keep an account at CF for the occasional private placement that is brokered. Mostly I try and participate directly with the guys running the deal, that cuts the broker out then I take great joy sending the certs over to be deposited into that account, haha. I do leave the cash there so they get some shake when I trade it, it is also 1% but you have to be all over these guys to trade in a timely manner.
 
my work has a RRSP matching program so I burgudgenly put money into it. They are mutual funds that track the major markets. They charge tho just under a point and they are suppose to be "low cost". An ETF that does the same thing charges .10%.

I kinda follow this strategy a bit but i do own some individual stocks along with ETFS.

 
Except Suncor

Yep....I’m on the ferry now to sign the papers for the old place and move my final things over. So I’m driving yesterday and my friend texted me about Suncor. When I got diesel I skimmed 1/5 of my shares but still sitting on 20 000 I was already up 40% since I got in lower than when we talked about $21. Although it’s dam close to the 30% from there and quite a bit sooner than I thought. $30 by May and $35 in August. There’s a few more years knocked off the career....lol
 
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