The Dividend Girl

Dividend Forecast for October 2011 is $2041 (BNS,BCE,CM,HCR)

So , Paul McCartney got married. This is one time we hope that dollars and sense...(oops) cents come together. I cringe when I see wealthy people get married because it makes me wonder if they have a prenup, a will  and trust and well yes stocks and dividends would be great too.

On a side note have you heard of the couple holds the Guinness World Record for "Most Marriage Vow Renewals by the Same Couple”?
They renewed their vows 100 times! By the time you read this they might have done it again.

Let's talk dividends. Picture this if you will... you are wealthy lets say 10 Million dollars wealthy. If hat 10M yielded 5% in dividends for the year, that my dear friends is $500,000 in interest. Now let's say that the tax man comes to collect 50% that leaves you with $250,000. If you divide that by 12 months that is a monthly after tax income of $20,833.

As you can see there are a lot of ifs in that scenario and wishfull thinking but now you can see why some people really don't have to work out there at all. Now I used a measly 5 % for this example but there are stocks that return much more than that. Annaly(NLY) comes to mind based on today's close of $15.88 and $2.40 dividend... yup 15%.

Now, hold on I am not recommending any stocks mentioned above at all; I am simply expressing my trend of thought.

The Dividend Girl

Dividend Forecast for October 2011 is $2041 (BNS,BCE,CM,HCR)

When you think of where to plant your money seeds, thoughts of companies that have proven their longevity in the market come to mind. Case in point the Top 10 companies should all ring a bell or at least ring the registered of your mind when thinking of how much money they have or could have made you over the years.

It is no surprise that Wal-Mart is #1 ; customers all want unbeatable deals. At the #2 position and oil & gas company that pays a dividend is always great. I think of Pengrowth Energy. In the third position I love banks because at the end of the day they all play are in our life whether we are willing to admit it or not. I like any of the Canadian Big Five Banks. #4  I can't imagine doing without my phone... I haven't worn a watch since I got my first phone. Last but not least I like to play a stock just for fun and for that I chose a casino stock Mpel. None of these stocks are recommendations they just follow my trend of thought.

The Dividend Girl

Dividend Forecast for October 2011 is $2041 (BNS,BCE,CM,HCR)

So there I was in Chicago in 2010. I went to the Oprah show, I caught a Chicago Bulls pre-season game and stumbled across the Chicago Marathon. 45,000 people took part in this marathon each striding at their own pace. In the end those who cross the 26 mile mark are rewarded with the satisfaction of a job well done.

What I love most about marathons is that even as you are running amongst others, you are ultimately running against your own best time. Just like investing, you can make it to the forbes 400 list but to go the distance it takes discipline, poise and self-management. You would never sprint to the finish line if you knew you had 26 miles to go. Take the time to study what the companies you are invested in. Know what they are doing and understand how they are changing on a continual basis. The main catalyst in the 10-10-10 marathon was the heat. What are the threats you need to consider when looking at your stocks? Every industry has its strengths and weaknesses. That's why it's so important to study them ahead of time.

The Dividend Girl

Dividend Forecast for October 2011 is $2041 (BNS,BCE,CM,HCR)


So much has changed in the past year. Stocks have been on a roller coaster ride. Some investors got scared and left others came in to explore an opportunity to make money. I can't wait for more up days. Today the Dow was down 16.88 points but I will take that over any 300 + point drop like we have seen over the past few weeks. Putting things in perspective the Dow is only down 1% for the year.

There were dark days in September 2011 and October seems to be undecided. My oil, bank and telecom stocks were all up today. I am grateful for that. I haven't received any dividends for the month yet but I am expecting $2041 for October; not bad considering that I was no where close to that last year.

Occupy Wall Street is still going strong.  I am glad that they are standing up for a cause they believe in. Having said that I have made plenty of money profiting from stocks and even though I have lost some along the way I can't bite the hand that feeds me. So I am holding my head up, waiting for the next jobs number to come, the next earnings report to surface an the next quarter to start.