Thursday, September 13, 2012

Canuck2004 Says: September 13th, 2012 at 10:33 am

Well I took a look at the site… I can only see the top 5 before registering… nothing there I’m not aware of… except I would NOT buy TransAlta…I owned that one many years ago…20?…long time ago… it always has problems with earnings and the dividend is never safe… personally I stay away from it.

EMERA is a better long term pick, if you can get it cheap. Electric Utilities are great long term holds, if you can get them cheap…which they are not right now.

The big 5 banks are a no-brainer… buy them when the yield is at or over 5%, and long term you will be happy. They have never cut the yields in living memory and they tend to raise them several times a year, in normal years. Great long term holds.

REITs are great, but they are rather expensive in here as per emergency low rates…some day the rates will return to normal and these may suffer. You want to know which ones to buy? Follow what the REIT specialists tell you on BNN, Dennis Mitchell for instance, but there are others.

Telcos and pipelines are next, again quite expensive here.

Remember, FINANCIALS always lead out of a recession… you cannot have an economic expansion without the participation of the financials…. Banks, Insurance, etc. is where investors should be looking… in anticipation of a return to normalcy in the world economy.

http://www.timingthemarket.ca/techtalk/2012/09/13/tech-talk-for-thursday-september-13th-2012/#comments

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