tag:blogger.com,1999:blog-5093516850393706942.post2895469536483545329..comments2024-03-27T00:32:56.636-07:00Comments on Asset-Grinder: New Buy Qualcomm and Sells Chevron : August 2014Asset-Grinderhttp://www.blogger.com/profile/10563675122942032357noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-5093516850393706942.post-19811469863203314522014-08-26T10:26:55.891-07:002014-08-26T10:26:55.891-07:00Thanks for the kind words. Might be best to wait f...Thanks for the kind words. Might be best to wait for a slight pullback on apple to buy or dollar cost average it and break your buy into a few parts.Asset-Grinderhttps://www.blogger.com/profile/10563675122942032357noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-91796445587553199562014-08-25T03:28:54.158-07:002014-08-25T03:28:54.158-07:00AG,
Your investments are an inspiration to my FI j...AG,<br />Your investments are an inspiration to my FI journey. As a beginner it`s hard to stay on a steady path with no one around me achieving the same goals. None of my friends or family invest in anything besides a 401k. AAPL continues to rise even higher which is no shock. I am debating on adding more to AAPL at this point. Good luck!<br />Anonymoushttps://www.blogger.com/profile/00096005621734845090noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-55680038597208345392014-08-22T15:22:29.869-07:002014-08-22T15:22:29.869-07:00Yes Completely agree with the long term future of ...Yes Completely agree with the long term future of interest rates that will be going up. At 3% margin rate it is pretty low. For me to get a home equity line of credit I am looking at a 3.25% rate so pretty damn close. I think interest rates will be pretty low for at least 2 years so the REIT play i figure be a mid term play depending how rates go. I am still looking over data and crunching data. Markets are looking pretty frothy but Reits are not at their highs since 2013 and could easily be a 10-20% upside in next year to two.<br /><br /> However this is how people get in trouble with leverage but I am only talking about leveraging 8% of my overall net worth to possibly making this 150k play. Still risky no doubt.Asset-Grinderhttps://www.blogger.com/profile/10563675122942032357noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-8325906010116636432014-08-22T14:28:50.584-07:002014-08-22T14:28:50.584-07:00Lots of moves and I really like the QCOM add. It&...Lots of moves and I really like the QCOM add. It's one of the few tech companies that I like as a DG investment. I think about your REIT/margin move every now and then or utilities/telecos but it's too risky for me. Essentially it's interest rate arbitrage but given the low rates it's not for me. Not sure what margin rates are like in Canada but here it's tied to the prime rate (Fed funds rate) which has been kept artificially low and most likely will be increasing over the next few years. That could be a double whammy of capital losses and rising interest rates that erode your returns.Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-301931819627607952014-08-22T11:11:34.259-07:002014-08-22T11:11:34.259-07:00Yah will prob get back Chevron at some point. It j...Yah will prob get back Chevron at some point. It just got left out transferring funds from various accounts.<br /><br />Yes interest rates will no doubt affect Reits. But Reits are off their highs and are pretty much just getting back to 2007 level so could be some possible value there. Not overly concerned about Reits in taxable account since I have no personal salary income so I am at the lowest tax bracket already so an extra 5-10k in revenue will not put me up.Asset-Grinderhttps://www.blogger.com/profile/10563675122942032357noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-82321884973663795702014-08-22T10:08:22.716-07:002014-08-22T10:08:22.716-07:00Great buys. Interesting that you sold off Chevron,...Great buys. Interesting that you sold off Chevron, I like to have energy plays in both US and Canada. I just added Qualcomm as well. They're being very aggressive on the marketing side, trying to win back some market shares from Intel.<br /><br />I would be careful about buying REITs on margin. Knowing that interest rates will go up soon this may impact the REITs. REITs dividends are also taxed at a different rate than the typical eligible dividends.Tawcanhttps://www.blogger.com/profile/17163696730038583040noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-14388723530437295732014-08-22T07:20:49.079-07:002014-08-22T07:20:49.079-07:00Royal bank just annouced 6% dividend increase. Hip...Royal bank just annouced 6% dividend increase. Hip hip hooray! As far as Reits often a portion of their dividends are taxed as interest income and capital gains instead of regular dividend classification. Tricky part is each Reit has a different ratio. Better explained by this article here as it mentions one of my holdings http://www.theglobeandmail.com/globe-investor/wrapping-your-head-around-reit-taxation/article5575073/#dashboard/follows/Asset-Grinderhttps://www.blogger.com/profile/10563675122942032357noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-76520874023701816062014-08-22T02:19:18.472-07:002014-08-22T02:19:18.472-07:00I'm a fan of energy and financial and have gon...I'm a fan of energy and financial and have gone ahead with my own financial additions. This month I bought TD, BNS and RY and the last several months have been adding to my WFC, AFL and CB so clearly I am into the financials and like your addition to RY and new Canadian energy stocks. I do question one move... "to move all my Reits into taxable accounts." What's the logic behind this move? I am looking into REITs myself but know they are more efficient in retirement accounts rather then taxable accounts. Please advise.DivHuthttps://www.blogger.com/profile/02437642929198374070noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-82475548223267976622014-08-21T18:35:25.992-07:002014-08-21T18:35:25.992-07:00Yah kinda of did a lateral move from chevron into ...Yah kinda of did a lateral move from chevron into these. I didnt want to shift money over with exchange fees and found something similar in Canada.Asset-Grinderhttps://www.blogger.com/profile/10563675122942032357noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-52682104491848187582014-08-21T18:34:24.033-07:002014-08-21T18:34:24.033-07:00AAPL still not sold yet. 1000 shares and on August...AAPL still not sold yet. 1000 shares and on August 29th looks like they are going to be called away at $99.<br /><br />I however have 600 more shares and I am going to sit on.. Good idea for the pull back on REITs before jumping in.Asset-Grinderhttps://www.blogger.com/profile/10563675122942032357noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-11876825235331393082014-08-21T17:58:24.184-07:002014-08-21T17:58:24.184-07:00Some great moves. Glad to hear that the AAPL bet i...Some great moves. Glad to hear that the AAPL bet is paying off. Also, you timed that perfectly - just before the iPhone 6 launch!<br /><br />Some great new names in your portfolio. I am long QCOM and its one of the stars of the tech industry. I held HSE in the past but the lack of dividend growth made me leave (ended up writing covered call on it which got called). Used to own CPG as well. TRP looks interesting - but for now, I have KMI and IPL.TO for pipelines and I am quite content with that. Roadmap2Retirehttps://www.blogger.com/profile/14379818667071736766noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-3116408063813008122014-08-21T17:51:24.779-07:002014-08-21T17:51:24.779-07:00you already sold the AAPL? I figured you were wai...you already sold the AAPL? I figured you were waiting for the IPhone hype to peak. But, never wrong to take a profit.<br />I am all for using margin or loans to invest, but I insist on a bigger spread for the risk. Wonder if you should be waiting for a large pull back and then buy the REIT. The divi would cover the interest and the real return would come from increasing share price. Good lucktuliptownhttps://www.blogger.com/profile/16565056838125230478noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-75980611927176839342014-08-21T17:37:14.908-07:002014-08-21T17:37:14.908-07:00Yes interesting indeed. Could be a suckers strateg...Yes interesting indeed. Could be a suckers strategy. Time will tell.Asset-Grinderhttps://www.blogger.com/profile/10563675122942032357noreply@blogger.comtag:blogger.com,1999:blog-5093516850393706942.post-8478772140393338752014-08-21T17:11:58.618-07:002014-08-21T17:11:58.618-07:00AG,
You are a busy man! Congrats on the 15.5k in...AG,<br /><br />You are a busy man! Congrats on the 15.5k in forward dividends. REITS on margin huh? That could be interesting!<br /><br />MDPMy Dividend Pipelinehttps://www.blogger.com/profile/00105884431032493602noreply@blogger.com