I was thinking about real estate too, given that valuations are pretty good right now. After mass vaccine rollout and the pandemic behind us, it should bounce back. ZRE is a good choice given that it's an equal-weight methodology, so you have no overexposure to one sub-sector. The yield looks pretty attractive too close to 5%. Thanks for bringing this up!
Put my wife's & my own TSFA contributions into Fortis today to add to my huge existing position. The PE is a bit high but they have increased their dividend every year I have owned their shares...
Last year, I decided we should have some additional real estate exposure (we have Riocan in taxable account and reluctant to sell because of low acb). I put about $5k each of XRE and ZRE into our TFSAs. Problem with these ETFs, is that you get the bad with the good. XRE down 18% and ZRE down 11.75% since this time last year. Even at current low REIT valuations, yields (4.75-5%) are not much better than the banks (4-5.25%) , so why buy REIT ETFs? Will they bounce back soon? Seems unlikely given the headwinds for many REITs and the less than stellar yields.
I hate to sell XRE/ZRE given the losses incurred. But that may be the smart thing to do. Perhaps replace with banks or utilities or aristocrats with history of dividend growth???? Good ideas welcomed!
I hate to sell XRE/ZRE given the losses incurred. But that may be the smart thing to do. Perhaps replace with banks or utilities or aristocrats with history of dividend growth???? Good ideas welcomed!
Well I did sell all XRE and ZRE at loss in TFSAs as well as some Riocan in taxable account with big gain (offset by selling ZDV at a loss). So cut overall Real Estate to 800 shares of Riocan .
Bought Telus (T) and Great West Life (GWO) in taxable accounts plus a little ENB.PR.I.
Bought small amount of AT&T (T) in my RRIF, just to use up US$ that had accumulated.
Some corporate bonds, convertible debentures and GICs matured in 2020. I replaced them with a 5 year rate reset pfd ladder. and five perpetuals. Expected dividend yields on cost of over 5% for both types for at least next 6-10 years. Almost my investment horizon
As per the What are you buying 2019: https://www.canadianmoneyforum.com/showthread.php/136542-What-Are-You-Buying-2019/page18 My order for BPY.UN was filled today at 23.60 ended the day at 23.44. This is my first addition from the Brookfield family. Have now placated my REIT replacement...
XRE is an interesting one for sure. Over 18 years it has performed at 8.9% CAGR (total return including distributions) which is very strong. That suggests this is a legit asset class with good long term returns.
You're also buying it 20% below its recent peak, so that probably is a fine entry point to buy more.
No turnaround required IMO.
They have one of the best set of Price ratios in tech.
The new product will be very competative, and they're specifically not focusing on gaming, which will hurt their consumer visibility. I expect them to remain a bit of sleeper.
I'm interested in the new Athena/EVO laptops coming up soon.
I added to our Telus holdings today. Brings allocation in telecoms to 13%. Utilities are about same. But Financials (mainly banks) are 44%, which is too high. We have only 2.5% in REITs and 4.6% in Energy. Rest is spread through industrials, transportation (EIF) & consumer (Unilever).
Sold ZDV (bought last time I was at a loss as to what to buy) in taxable account. Need to decide to add some non-bank stocks to help diversify our equities. Maybe some consumer staples.
Sold ZDV (bought last time I was at a loss as to what to buy) in taxable account. Need to decide to add some non-bank stocks to help diversify our equities. Maybe some consumer staples.
Going to be buying XIU in my TFSA, SPY in my RRSP, VGRO in my wife's TFSA, and a BAL mutual fund in my wife's RRSP.
Posting this here now to try and commit myself to sticking to this plan... instead of just going ahead and buying a few individual stocks that lag the market like I usually do.
I would just like to advocate for your wife and suggest that instead of you making trades on her behalf, you explain to her why you think those trades are valid, let her ask questions, make her own decisions, and make the trades herself. If anything were to happen to you it's important for her to understand how to manage finances.
I seldom buy ETFs. I bought ZDV because I probably didn't have a better idea on that day Also, at my age, I thought I should maybe start to simplify our portfolio. Like many ETFs, with ZDV you get the good with the bad. Total return for 2020 was something like -4.0% vs 5.4% for index (XIC). It was a drag on our portfolio.
That is because value did poorly in 2020 and especially dividend stocks. Sometimes one wins and sometime one loses. slicing and dicing the broad market.
If one picks the broad market as in XIC, you neither over perform, nor under perform, the broad market.
That is because value did poorly in 2020 and especially dividend stocks. Sometimes one wins and sometime one loses. slicing and dicing the broad market.
If you lump value/dividend stocks into one category, you are right. ZDV is a good example. They did poorly.
My own mainly dividend portfolio did OK. Not great, but a positive return, not -4%. Our overall portfolio totally recovered despite low interest rates on FI side and us drawing our usual annual amount for living expenses. Luckily I didn't have much in ZDV.
BMO's new dividend ETF started trading yesterday. How do people think this compares with XDV and CDZ? The MER at 0.35 is lower, and the yield is higher. It seems more attractive at first glance but are there any potential disadvantages compares to the other two?
Back when he was on BNN with Amanda Lang, Kevin O'Leary once said - "Never buy aluminum tubes"! He was referring to Bombardiers products as well as others in similar businesses.
I never liked or agreed with him on much, but this one stuck! I think it could apply to airlines too. Seems to have turned out to be good advice.
I'm currently trying to decide whether or not I should buy CIA.TO as iron ore price soared, but iron ore price seems to have huge swings over the years.
I wonder if we will revert to our energy resource sector at some point ? It's taking forever for wind and solar to achieve any significant contribution to the demand and I just can't get my head around it ever being enough to meet said demand.
Still trading TQQQ as I have been for the last 3 years. Got stopped out of 4500 shares @ 98.5 two days ago, today bought 2000 @93. Will add more in the next few days.
How long are you holding them? is this a day trading thing or you plan on a relatively longer term hold?
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