Comments on: Insider’s Look at Canadian ShareOwner

By: Canadian ShareOwner Discount Brokerage Review – Not Impressed

Canadian ShareOwner Discount Brokerage Review – Not Impressed — Wed, 16 Jun 2010 01:41:20 +0000

[...] Insider’s look at Canadian ShareOwner at Money Energy who likes the [...]

By: MoneyEnergy

MoneyEnergy — Mon, 23 Feb 2009 23:31:45 +0000

Hi Keith,

It really depends on your overall strategy/plan, which you should think about. It depends also on the price of each stock; what they’re currently yielding (I’m assuming you’re interested in dividends); and what the growth outlooks are.

500 spread onto 10 stocks is pretty thin at only $50/each. But if you’re doing free DRIPs then that might not be too bad. If you’re paying $29.00 in commissions at Waterhouse or Investorline, though, it’s better to put $500 on one stock so as to get the maximum leverage on such a high commission.

In general though, I’d say you could split it among 2-3 stocks if you like. You can choose to diversify more over time, by investing in something different the next month.

By: Keith Parsons

Keith Parsons — Sun, 25 Jan 2009 03:38:57 +0000

I have a question on how many stocks you
should be buying each month on 500 per month
250 x 2 I have 10 stocks I like do I max out
3 to 4 or go all 10 right now lower number
of share or go low stock higher shares