October 31, 2010
in 2010, Canadian, DRIPs, November, S&P/TSX, banks, dividends, financial planning, investing, money management, news and updates, passive income, special dates, stocks, wealthbuilding
Canadian bank DRIPs are known for discounts of 2-3% on dividend reinvestment through their DRIP plans, but these discounts do fluctuate.
Starting with the November 2010 common dividend, the Bank of Montreal (TSX: BMO) will no longer provide a DRIP discount from the average market price on common shares purchased under the plan.
BMO has said there will [...]
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Today’s online discount brokerage investor may never have had the experience of seeing or touching an old-school stock certificate like the one in my previous post on canceling your DRIPs.
Ownership of stocks today usually falls in the hands of the broker you buy and sell through. When the broker holds the stocks for you, it’s [...]
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February 3, 2010 · 4 comments
in Computershare, DRIPs, dividends, financial planning, income trusts, investing, investment tools, money decisions, money management, passive income, portfolio, stock picks, time in the market, wealth transfer
There was a time when I first learned about DRIPs when I had some idea that I would eventually own some shares in every one, or almost every one. Over the years as I’ve learned more about investing in general, I’ve realized that (1) I don’t need a portfolio that big and (2) not all [...]
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January 23, 2010 · 13 comments
in Canadian, Computershare, DRIPs, S&P/TSX, dividends, financial planning, money decisions, passive income, stock picks, wealthbuilding
Ready to buy your first share in a Canadian DRIP plan? Deciding which Canadian DRIP stock to invest in first?
These are my top picks for Canadian DRIPs today, in early 2010. The DRIP landscape is always changing so it pays to keep one eye open and monitor your investments. That said, DRIPs in general are [...]
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Regular readers know I’m a big fan of DRIPs (dividend reinvestment plans) for many reasons (see any of the posts in my sidebar, but especially How To Invest Commission-Free). But recently I’ve be rethinking some of my DRIP strategy. In the past I’ve been 100% reinvested, but the recent economic environment has me getting more [...]
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You can invest as little as $25 whenever you want with DRIPs (dividend reinvestment plans). Perhaps you have already heard about DRIPs or dividend reinvestment plans. Not all companies offer them, but the ones that do obviously pay dividends and thus will tend to be at least either more stable, less volatile stocks, or at [...]
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In the only video interview I know of with him – aired on CBC’s The Hour with George Stroumboulopoulous yesterday – Derek Foster revealed that he took all his money off the table at the beginning of February 2008.
Video Interview Available Here: http://www.cbc.ca/thehour/videos.html?id=1063578735
Four Pillars also has a good post out breaking the development right here, [...]
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