Middle Class MillionaireMiddle Class MillionaireI rant about the market, stocks, retirement, saving money and anything and everything related to money, investing and retiring early. I will also share my financial progress and document my journey from middle class to an early retirement. Articles
Reader Question
2007-03-30 17:01:00 Today I thought I?d answer some questions I received recently from a reader. The reader is in the process of learning about dividend investing and had asked the following questions:Quest ion : ?How worthwhile is it to invest in US dividend-paying stocks seeing that, as Canadians, we do not benefit from the dividend tax credit available to Canadian stocks?My Answer: Although we don?t receive a tax credit for dividends received from US companies I believe that for diversification purposes it?s necessary to own some American dividend paying companies. There really are no Canadian alternatives to companies such as JNJ. The same is true for large cap diversified industrials (ie- MMM) pharma (ie- PFE) and tech stocks (ie- MSFT). If there were world class Canadian alternatives of similar quality I would definitely own them. However, I don?t think good quality foreign companies should be excluded from a portfolio based on the fact that they don?t qualify for the dividend tax credit (even fro... More About: Reader
Retirement Nest Egg March 1 - 2007
2007-03-02 18:44:00 Networth at the close of Marc h 1, 2007 (up 6.8% from last month)TRP - 4.18%ABX - 4.09%CSH.UN - 3.80%GWO - 4.94%PFE - 4.30%POW - 4.18%BA.UN - 0.38%L - 3.78%UNS - 2.80%GZ - 2.87%TD - 13.26%MMM - 3.80%O'Shaughnessy?s Global Fund - 4.02%American Growth Fund - 1.08%CDN Value Fund - 3.77%Small Cap Growth Fund - 3.85%Deep Value Fund - 10.89%Health Science Fund - 0.92%Bond (9% yield) - 5.53%Money Market Fund - 17.57%You may have noticed that my networth increased by a large percentage this month. Although this looks good it's not, because all of the percentage gain was a result of contributions and not investment returns. More About: Retirement , Nest , Retire
Retirement Nest Egg Feb 1 - 2007
2007-02-01 14:14:00 Networth at the close on Jan 31th, 2007 (up 1.8% since Jan 18th )TRP - 4.59%ABX - 4.43%CSH.UN - 3.96%GWO - 5.06%PFE - 4.86%POW - 4.19%BA.UN - 0.40%L - 4.53%UNS - 2.91%GZ - 3.26%TD - 14.23%American Growth Fund - 1.17%CDN Value Fund - 4.06%Small Cap Growth Fund - 3.94%Deep Value Fund - 11.53%Health Science Fund - 1.00%Bond (9% yield) - 5.91%Money Market Fund - 19.96%You might have noticed the big cash position (don't worry I'll have something to say about that when I get a chance to post) More About: Retirement , Nest , Retire , Tire
Jan 18 - 2007 Retirement Nest Egg
More articles from this author:2007-01-19 20:14:00 Retirement Nest egg as of the close on Jan 1 8th, 2007.Here is the breakdownTRP 4.63%ABX 4.31%CSH.UN 3.75%GWO 5.43%PFE 5.06%POW 4.19%BA.UN 0.40%L 4.60%TLM 4.05%UNS 2.90%GZ 3.03%TD 14.27%American Growth Fund 1.20%CDN Value Fund 4.13%Small Cap Growth Fund 3.97%Deep Value Fund 11.70%Health Science Fund 1.01%Bond (9% yield)6.02%Money Market Fund 15.34%From now on I'll probably only update the networth at the end of each month. More About: Retirement , Retire , Tire 1, 2, 3, 4, 5, 6, 7 |
|
 |
|
 |
