I started a new position in Telus by purchasing 135 shares at $22.88 per share. My total position in CIBC jumped from 8 shares to 20 shares. The purchase of 135 shares will add $39.32 per quarter or $157.30 per year to my forward dividend income. And speaking of the dividends, since the unique boutique price dipper under a $100, the bank is paying out a whooping 5.73%. This purchase will add $17.52 per quarter or $70.08 per year of passive income. They are ugly, but I don’t think that investors will negatively react to the bad quarter reports. Let me know what you think of my progress. We know them well. In recent years Telus has moved to bring fiber to the home over most of its wireline footprint as it upgrades its legacy copper network, leaving it able to compete on more equal footing with cable providers. It is also the ILEC (incumbent local exchange carrier; the legacy telephone provider) in the western Canadian provinces of British Columbia and Alberta, where it provides Internet, television, and landline phone services.
In primary market, a company issues its shares in the public called IPO. There were bad news all over the place this month, with issues ranging from Italy’s political crisis, interest rate hike, trade wars, Malaysia elections etc. Also, lack of company specific news flow and with many companies going ex-dividend had contributed to the downward pressure on the markets. Made extra in the Dow Jones with a few grand but also lost $1771 due to emotional lack of courage to take a quick loss. Thank you for reading and take care! 0.2913 per share which translates into a 5.1% yield. Today, I would like to share my new stock purchase. The Lasting Polish and Brilliance of Valuable Stones As financial markets began downsizing, closing down and losing its magic among capitalists, precious stones like gold also showed its luster. I feel like I can walk to any CIBC branch, tell them who I am, and ask for my dividend money.
With custom strategies, you can try out all the things that you think will make you the most money. Don’t cling on to stocks simply because you think you must, only to regret that decision later. Today I pulled the trigger and finally bought more stocks. Small Cap Bull 3x (TNA) – TNA is trading back in the $65’s today after a drop back to $62. Daily Finan. Bull 3X Shs(ETF)(FAS) – On July 8, 2009 – FAS and FAZ will both have reverse splits. China 3x Bull ETF (YINN) – YINN is up 33% in 2017 but failed around $21 last week. I’m happy to announce that the last stock purchase of the year is completed. The last time I bought stocks was 3 months ago. Not sure if now is the best time to buy stocks. And for those who don’t have the time or inclination to pick individual stocks, it could be your entire stock portfolio. My YouTube channel is now making more money than my stock portfolio.