The highest paying dividend stocks will help you weather double-digit inflation much better even than real return bonds will. Just be sure to do a further check for (1) how safe the dividend yield is and (2) whether the stock also frequently raises its dividend. No point owning a dividend stock long term if it [...]
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August 26, 2010 · 3 comments
in Canadian, Q3, TSX, banks, cashflow, dividends, earnings, market reports, news and updates, portfolio, stocks, wealthbuilding, yield
CIBC came out with third quarter earnings today and they topped analyst expectations handily, by an additional 13 cents per share over the amount expected.
The big question on Canadian investors’ minds, though, is when CIBC can finally begin raising its dividend again. Right now CIBC is paying 87 cents a share and has been for [...]
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August 19, 2010 · 3 comments
in DIY, bills, bonds, business, careers, cashflow, debt, distributions, diversification, dividends, earnings, employment income, financial planning, hedging, income, investing (general), lifehack, money management, passive income, paycheck, real estate, risk, self-employed, side income, wealth protection, wealthbuilding
It’s bad enough to initially depend on just one source of income, but it’s even worse to not invest it or diversify it such that you protect it over time. In other words, there is more than one way to diversify your income.
(1) You can diversify your sources of income so that you have, say, [...]
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August 10, 2010 · 3 comments
in Lists, behavioral finance, cashflow, charity, coins, discipline, financial fitness, frugal tips, lifehack, money management, penny, savings, tips
Have a problem with too many leftover coins (yeah, you could have worse problems)? Too lazy to roll up your coins and deposit them in a bank account? Or do you toss aside your coins because they’re so heavy to carry around, and then find yourself breaking bills all the time just to get a [...]
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May 9, 2010 · 16 comments
in DIY, cashflow, consumers, credit cards, determination, discipline, estates, financial education, financial fitness, financial planning, goals, life, money decisions, psychology, spending, success, wealthbuilding
If you’ve been around on the interwebs and Twitter enough, and if you’ve read enough personal finance books, you’ll know a heck of a lot about The Millionaire Next Door. She or he spends less than you’d think, they don’t drive a Rolls Royce or Jaguar, and they’ve probably made it to millionaire within one [...]
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March 22, 2010 · 6 comments
in DRIPs, books, cashflow, discipline, dividends, education, financial education, financial fitness, financial planning, investing (general), investment tools, money management, portfolio, purchases, stocks, wealthbuilding
I’ve been an individual stock investor for almost a decade now (starting out very small, while still an undergrad), but it’s taken me some time to revise my methods and learn what’s most important in terms of record keeping. When I first started out, all I cared about was the excitement of the purchase itself [...]
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