Tuesday, October 7, 2025

Toronto Money Show

I went down this year as I have always done. For my liking, there is too much on American stock and economy and too much on ETFs (Electronic Traded Fund). ETFs are basically a form of Mutual Fund, but often with much lower fees.

The Opening Ceremonies and Keynote Addresses is some of the best you will see at this show. I like, as always, the talk by Benjamin Tal, Deputy Chief Economist at CIBC.

In the opening remarks, Eric Nuttall speaking on Canadian Energy, said that the future is natural gas. He said that renewables cannot produce needed power. He said that US shale oil production has likely peaked and that non-OPEC production has peaked forever. He also thought there is a future for Uranium.

I went to hear Ryan Irvine of Key Stone Financial talk. Key Stone Financial are independent Equity Advisors. He talked about small cap stocks they have recommended. They were Boyd Group Services Inc (TSX-BYD), Water Furnace Renewable Energy (which was bought out in 2014), Janna Systems Inc (which was bought out in 2000). He said when these stocks were recommended, they all had revenue and all were profitable. He also recommended Cipher Pharmaceuticals Inc (TSX-CPH).

He complained about Small Cap mutual funds. He talked about one put out by TD bank that had 111 stocks in it. He said if some do well, it will not affect the fund because it has too many stocks. With more than 100 stocks in a fund, you cannot beat the market because you own the market. He said you should have no more than 15 to 25 stocks.

He also talked about Crawford United Corp (US) (OTC-CRAWA), Cipher Pharmaceuticals Inc (TSX-CPH), Polaris Infrastructure Inc (TSXPIF), Biosyent Inc (TSX Venture-RX-X), Dynacor Gold Mines Inc (TSX-DNG) and Propel Holdings Inc (TSX-PRL).

I also went to listen to Rob Carrick of the Globe and Mail. His was a good talk and he listed a number of important points on investing. I talk below on some of the things he said.

He says to enjoy the bull market because he cannot guarantee when the next bear market will be. He says you should keep an eye on the long term and that you are not an investor if you sell in a downdraft. He says that ETFs are the best products. You should have 4 pots of Canadian Stocks, US Stocks, International Stocks and Bonds. With your money for stocks divide it into 3 pots of Canadian, US and International stocks. (Note a number of speakers says the same think.) He says you should beware of new products. You should not use margin accounts. You should never put money into the stock market that you would need in the next 5 years. And, it is never different this time.

The notable thing for Saturday at the Money Show is the sessions put on my Canadian Money Saver. Their sessions are generally good and are especially geared towards new investors. The other noteworthy thing to mention is the Saturday started off with Keynote Presentations and an interesting one was a panel of 4 with a title for their session called “From Parents to prosperity: How to Pass Down Wealth that Lasts”. Another good session was a talk by Sue O’Reilly of the Positive Point. This is a Meetup Group and the link is here but you have to signed on to Meetup for this link to work.

On my other blog I wrote yesterday about Teck Resources Ltd (TSX-TECK.B, NYSE-TECK) ... learn more. Next, I will write about North West Company (TSX-NWC, OTC-NWTUF) ... learn more on Wednesday, October 8, 2025 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

Thursday, October 2, 2025

Something to Buy October 2025

There is always something to buy in the stock market. On Tuesday, I put out a list of the stocks that I covered and showed what stock might be a good deal based on dividend yield. Now I am trying to categorize what sorts of stocks may be a good deal based on dividend yield. The dividend yield test in this note is a quick way of finding possible stock buys. See my Spreadsheet.

The advantages to using dividend yield to judge how cheap or expensive a stock is, is that you are not using estimates or old data (like last reported quarter's data). You are using today's stock price and today's dividend yield. However, this is just a place to start. It is a good idea to check the stock price with other tests, especially the P/S Ratio test. For other testing, like P/E Ratios, P/S Ratios, P/CF Ratios, P/BV Ratios and Price/Graham Price Ratios, you use estimates or data from the last reported financial quarter.

If a stock is showing as a buy using the dividend yield test, I usually like to verify it is a buy by doing a P/S Ratio test. Here you compare the current P/S Ratio to the 10 year median P/S Ratio. If the current P/S Ratio is lower than the 10 year median, then the stock is a buy. I note that Morningstar gives a current P/S Ratio. The 10 year median ratio is shown in my review of a stock. The 10 year median ratio in a review is good for one year from the date of review.

This historical dividend yield test does not work well for old Income Trust companies. These companies had quite high Dividend Yields which will probably never be seen again. So, I started a column called VT (for Valid Test) and this applies to checking stock price using dividend yield. If it is not a valid test, I use N to show this. For these stocks, you might be better comparing the current dividend yield to the 10 year median dividend yield.

However, no system is perfect. But if you are interested in buying a stock a list of stocks cheap or reasonable using dividend yield data might be a good place to start.

Categorizing stocks is not as simple as it might seem. Every site you go to has categorized stocks a bit differently. I try to keep this as simple as possible. See Something to Buy September 2025 Spreadsheet above to see what stocks are showing whether a stock is relatively cheap based on historical high dividend yields (P/Hi), historical median dividend yields (P/Med), 10 year high dividend yields (P/10Hi), or 10 year median dividend yields (P/10Yr). As in other spreadsheets, you can highlight a line or several lines for better viewing.

In the following notes I am only going to list stocks showing as cheap using the historical high dividend yields (P/Hi) and historical median dividend yields (P/Med).

I follow 19 stocks in the Consumer Discretionary category. Two of these stocks (11%) are showing as cheap by the historically high dividend yield. They are Magna International Inc. (TSX-MG, NYSE-MGA), and Molson Coors Canada (TSX-TPX.B, NYSE-TAP). There is no change from last month.

Nine (47%) of Consumer Discretionary are showing cheap by historical median dividend yield. They are BRP Inc (TSX-DOO, NASDAQ-DOOO), Canadian Tire Corp (TSX-CTC.A, OTC-CDNAF), Goodfellow Inc (TSX-GDL, OTC-GFELF), High Liner Foods (TSX-HLF, OTC-HLNFF), Leon's Furniture (TSX-LNF, OTC-LEFUF), Linamar Corporation (TSX-LNR, OTC-LIMAF), Magna International Inc. (TSX-MG, NYSE-MGA), Molson Coors Canada (TSX-TPX.B, NYSE-TAP), and Richelieu Hardware Ltd (TSX-RCH, OTC-RHUHF). There is no change from last month.

I follow 13 Consumer Staples stocks. No stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.

Nine stocks (69%) are showing cheap by historical median dividend yield. These are Alimentation Couche-Tard (TSX-ATD.B, OTC-ANCUF), Andrew Peller Ltd (TSX-ADW.A, OTC-ADWPF), Empire Company Ltd (TSX-EMP.A, OTC-EMLAF), Jamieson Wellness Inc (TSX-JWEL, OTC-JWLLF), KP Tissue Inc (TSX-KPT, NYSE-KPTSF), Lassonde Industries (TSX (LAS.A, OTC-LSDAF), Maple Leaf Foods Inc (TSX-MFI, OTC-MLFNF), Metro Inc (TSX-MRU, OTC-MTRAF), and Saputo Inc. (TSX-SAP, OTC-SAPIF). There is no change from last month.

I follow Six Health Care stocks. None of these stocks (0%) is showing as cheap by the historically high dividend yield. Medtronic PCL (NYSE-MDT) has been removed from this list.

Two stocks (33%) are cheap by the historical median dividend yield. The stocks are Johnson and Johnson (NYSE-JNJ), and Medtronic Inc. (NYSE-MDT). There is no change from last month.

I follow 8 Energy stocks. No stocks (0%) are showing as cheap by the historical high dividend yield. There is no change from last month.

There are Five stocks (62%) showing as cheap by historical median dividend yield. They are Canadian Natural Resources (TSX-CNQ, NYSE-CNQ), Cenovus Energy Inc (TSX-CVE, NYSE-CVE), Mullen Group (TSX-MTL, OTC-MLLGF), Ovintiv Inc (TSX-OVV, OTC-OVV), and Suncor Energy (TSX-SU, NYSE-SU). There is no change from last month

I follow 26 Financial stocks under the categories of Banks (7), Financial Services (14), and Insurance (5).

I follow 7 Bank stocks. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.

Two stocks (29%) are showing as cheap by historical median dividend yield. They are Bank of Nova Scotia (TSX-BNS, NYSE-BNS), and Toronto Dominion Bank (TSX-TD, NYSE-TD). There is no change from last month.

I follow 14 Financial Service stocks. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.

Six stocks (43%) are showing as cheap by the historical median dividend yield. These stocks are Atrium Mortgage Investment Corp (TSX-AI, OTC-AMIVF), EQB Inc (TSX-EQB, OTC-EQGPF), Goeasy Ltd (TSX-GSY, OTC-EHMEF), Guardian Capital Group (TSX-GCG.A, OTC-GCAAF), IGM Financial (TSX-IGM, OTC-IGIFF), and Power Corp (TSX-POW, OTC-PWCDF). There is no change from last month.

I follow 5 Insurance stocks. None of these stocks (0%) is showing as cheap by the historically high dividend yield. There is no change from last month.

Three stocks (60%) are showing as cheap by historical median dividend yield. These stocks are Great-West Lifeco Inc. (TSX-GWO, OTC-GWLIF), Manulife Financial Corp (TSX-MFC, NYSE-MFC), and Sun Life Financial (TSX-SLF, NYSE-SLF). There is no change from last month.

I follow 33 Industrial stocks. Because I have so many and Industrial, I have divided my Industrial stocks into 4 separate categories under Industrial. They are Construction (7), Industrial (3), Manufacturing (5) and (Business) Services (18).

I have 7 Construction stocks. No stock (0%) is showing as cheap by the historically high dividend yield. There is no change from last month.

One stock (14%) is showing as cheap by historical median dividend yield. It is Aecon Group Inc (TSX-ARE, OTC-AEGXF). There is no change from last month.

I have 3 stocks left with the sub-index of Industrial. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.

No stock (0%) is showing as cheap by historical median dividend yield. Finning International Inc. (TSX-FTT, OTC-FINGF) has been removed from this list.

I have 5 Manufacturing stocks. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.

One stock (14%) is showing as cheap by historical median dividend yield. It is Exco Technologies Ltd. (TSX-XTC, OTC-EXCOF). There is no change from last month.

I follow 18 Services stocks. One stock (6%) is showing as cheap by the historically high dividend yield. It is Canadian National Railway (TSX-CNR, NYSE-CNI.). There is no change from last month.

Eight stock (44%) are showing as cheap by historical median dividend yield. They are Algoma Central Corporation (TSX-ALC, OTC-AGMJF), Canadian National Railway (TSX-CNR, NYSE-CNI), McCoy Global Inc (TSX-MCB, OTC-MCCRF), Parkland Fuel Corp (TSX-PKI, OTC-PKIUF), Pason Systems Inc (TSX-PSI, OTC-PSYTF), Transcontinental Inc (TSX-TCL.A, OTC-TCLAF), Trican Well Service Ltd (TSX-TCW, OTC-TOLWF), and Wajax Corp (TSX-WJX, OTC-WJXFF). There is no change from last month.

I follow 10 Material stocks. No stock (0%) is showing as cheap by the historically high dividend yield. There is no change from last month.

Two stock (20%) is showing as cheap by historical median dividend yield. Barrick Mining Corp (TSX-ABX, NYSE-ABX), and Stella-Jones (TSX-SJ, OTC-STLJF). Agnico Eagle Mines Ltd (TSX-AEM, NYSE-AEM) has been removed from this list.

I follow 10 Real Estate stocks. No stock (0%) is showing as cheap by historically high dividend yield. There is no change from last month.

Five stocks (50%) are showing as cheap by historical median dividend yield. They are Allied Properties REIT (TSX-AP.UN, OTC-APYRF), Artis REIT (TSX-AX.UN, OTC-ARESF), Granite REIT (TSX-GRT.UN, NYSE-GRP.U), Melcor Developments Inc. and (TSX-MRD, OTC-MODVF), and SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF). There is no change from last month.

I follow 4 of the Telecom Service stocks. Two of the stocks (50%) are showing as cheap by historically high dividend yield. They are Cogeco Communications Inc (TSX-CCA, OTC-CGEAF), and Telus Corp (TSX-T, NYSE-TU). There is no change from last month.

Four stocks (100%) are showing cheap by historical median dividend yield. These stocks are BCE (TSX-BCE, NYSE-BCE), Cogeco Communications Inc (TSX-CCA, OTC-CGEAF), Quebecor Inc (TSX-QBR.B, OTC-QBCRF) and Telus Corp (TSX-T, NYSE-TU). There is no change from last month.

I follow 7 Tech stocks. One stock (14%) is showing as cheap by historical high dividend yield. It is Enghouse Systems Limited (TSX-ENGH, OTC-EGHSF). There is no change from last month.

Two stock (28%) are showing cheap by historical median dividend yield. They are Enghouse Systems Limited (TSX-ENGH, OTC-EGHSF), and Evertz Technologies (TSX-ET, OTC-EVTZF). There is no change from last month.

I follow 8 of the Infrastructure Type stocks. No stock (0%) is showing as cheap by historical high dividend yield. There is no change from last month. South Bow Corp (TSX-SOBO, NYSE-SOBO) is showing as cheap, but I have little data on this stock. I am waiting to have more data on this stock. There is no change from last month.

Two stocks (25%) are showing cheap by historical median dividend yield. They are Enbridge Inc. (TSX-ENB, NYSE-ENB), and TC Energy Corp (TSX-TRP, NYSE-TRP). There is no change from last month. South Bow Corp (TSX-SOBO, NYSE-SOBO) is showing as cheap but I have little data on this stock. There is no change from last month.

I follow 8 of the Power Type utility companies. No stock (0%) is showing as cheap by historical high dividend yield. There is not change from last month.

Three stocks (38%) are showing as cheap by historical median dividend yield. Those stocks are ATCO Ltd (TSX-ACO.X, OTC-ACLLF), Boralex Inc (TSX-BLX, OTC-BRLXF), and Canadian Utilities Ltd (TSX-CU, OTC-CDUAF). There is no change from last month.

On my other blog I wrote yesterday about BRP Inc (TSX-DOO, OTC-DOOO) ... learn more. Next, I will write about Linamar Corporation (TSX-LNR, OTC-LIMAF) ... learn more on Friday, October 3, 2025 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

Tuesday, September 30, 2025

Dividend Stocks October 2025

First, I want to point out that not all the stocks I follow are great investments. I follow a diverse selection of stocks. There are some that I would never invest in personally.

I follow several resource stocks even though I personally have little invested in this area. I follow what I find interesting and with resource stocks, I think it is important for Canadians to know what is happening in the resource area. On the other hand, I do follow of good number of great dividend growth stocks. You might want to get the free weekly newsletter from Canadian Stock Channel which says what might be the best Canadian Dividend Stocks to buy at the present time.

The theory is that you should use the dividend yield to see if a dividend stock is selling at a stock price that is relatively cheap. A stock price is considered cheap if it is selling at a dividend yield higher than the historical high yield or higher than the historical average yield or historical median yield. Some use the 10 year average or median yield rather than the historical ones. I use median yields, always. See my spreadsheet at dividend growth stocks that I just updated for October 2025. On this list,
  • I have 7 stocks with a dividend yield higher than the historical high dividend yield,
  • I have 65 stocks with a dividend yield higher than the historical median dividend yield
  • I have 6 stocks with a dividend yield higher than the 10 year high dividend yield and
  • I have 69 stocks with a dividend yield higher than the 10 year average dividend yield.
When I did my list last list in September 2025,
  • I have 8 stocks with a dividend yield higher than the historical high dividend yield,
  • I have 67 stocks with a dividend yield higher than the historical median dividend yield
  • I have 5 stocks with a dividend yield higher than the 10 year high dividend yield and
  • I have 70 stocks with a dividend yield higher than the 10 year average dividend yield.
When I did my list in January 2014,
  • I had 9 stocks with a dividend yield higher than the historical high dividend yield,
  • I had 45 stocks with a dividend yield higher than the historical average dividend yield and
  • I had 39 stocks with a dividend yield higher than the 5 year median dividend yield.
If you had one share of each stock, total dividends last month would be $226.68. This month dividends would be $228.15. It can vary as because some stocks are paid in US$ and so this figure is affected by currency exchange. Of the stock that I follow 4 stocks has raised their dividends since last month. If I did an index based on stock price, the index for last month would be 899.61and this month 906.82.

IA Financial Corp (TSX-IAG, OTC-IDLLF)
Keyera Corp (TSX-KEY, OTC-KEYUF)
North West Company (TSX-NWC, OTC-NWTUF)
Savaria Corporation (TSX-SIS, OTC-SISXF)

Of the stocks I follow, 0 stock has cut their dividends.

Of the stocks I follow, 0 stock have suspended or terminated their dividend.

Of the stocks I follow, the following declined the most in their stock price. Of the stocks I follow, 46.05% had declining stock prices. Last month 31.58% of the stock had declining prices. The following chart shows the top 10 decliners.

Name Exch Sym Exch Sym Chge SP
Goeasy Ltd TSX GSY OTC EHMEF -18.28%
Artis REIT TSX AX.UN OTCQX ARESF -16.30%
Supremex Inc TSX SXP OTC SUMXF -13.81%
Ag Growth International TSX AFN OTC AGGZF -12.97%
Titanium Transportation TSX TTNM OTCQX TTNMF -12.08%
Pulse Seismic Inc. TSX PSD OTC PLSDF -11.52%
Sylogist Ltd TSXV SYZ OTC SYZLF -11.18%
Trigon Metals Inc. TSXV TM OTC PNTZF -10.42%
Thomson Reuters Corp TSX TRI NASDAQ TRI -10.30%
Enghouse Systems TSX ENGH OTC EGHSF -9.31%

Of the stock that I follow, these stocks gained the most in their stock price. Of the stock I follow, 53.29% had increasing stock price. And, 0.66% or 1 stock had the same stock price as last month. Last month 68.42% of the stocks had increasing prices with 0.00% or 0 stocks of the stocks with the same price.

Name Exch Sym Exch Sym Chge SP
Power Corp TSX POW OTC PWCDF 14.39%
Allied Properties REIT TSX AP.UN OTC APYRF 14.62%
Agnico Eagle Mines Ltd TSX AEM NYSE AEM 15.07%
Bombardier Inc. TSX BBD.B OTC BDRBF 19.22%
Teck Resources Ltd TSX TECK.B NYSE TECK 22.98%
Dorel Industries TSX DII.B OTC DIIBF 28.93%
Bird Construction Inc TSX BDT OTC BIRDF 29.41%
Blackberry Ltd. (RIM) TSX BB NYSE BB 30.74%
Barrick Mining Corp TSX ABX NYSE B 31.20%
Ballard Power Systems TSX BLDP NASDAQ BLDP 39.27%

Most of my stocks started out as Dividend Payers. Currently 14 stocks are not paying any dividends and this would be some 9.21% of the stocks that I follow. Four of these stocks never had dividends, so 6.58% of the stocks I follow have suspended or do not pay a dividend. The four stocks that never paid dividends are Ballard Power Systems Inc. (TSX-BLD, NASDAQ-BLDP), Blackberry Ltd. (TSX-BB, NASDAQ-BBRY), Trigon Metals Inc. (TSX-TM, OTC-PNTZF) and Well Health Technologies Corp (TSX-WELL, OTCQX-WHTCF).

I am showing whether a stock is relatively cheap based on historical high dividend yields (P/Hi), historical average dividend yields (P/Ave), historical median dividend yields (P/Med) or on 10 year median dividend yields (P/10Y). See these fields on the right side of the file. You can highlight a particular stock using your cursor to highlight the appropriate line.

There are always some stocks to buy because they are priced reasonably. There are always stocks to currently avoid because they are overpriced. Looking at dividend growth stocks that are selling at stock prices that give them a dividend yield above the historical median dividend yield are probably the best bet.

The stocks that are selling at prices that give them a dividend yield above the historical high yield could be good stocks to buy. However, these stocks may be selling so cheap because of current troubles, especially financial troubles and should be treated with caution. Do not forget that I have all the stocks I follow on this spreadsheet and some are much better investments than others.

You should always investigate a stock before you buy. Sometimes different stocks in certain sectors are just out of favour or the stock market is just in one of its declines. However, a stock may be relatively cheap because it has problems. That is why you should always investigate a stock before buying.

Looking at stock this way is equivalent to a stock filter. A main problem I know of is for the old income trusts. These companies have generally lowered their dividend yields forever and they will probably never get back to the old dividend yield highs they made as an income trust company. For these stocks, you might be better comparing the current dividend yield to the 5 year median dividend yield. I also started a column called VT (for Valid Test) and this applies to checking stock price using dividend yield. If it is not a valid test, I use N to show this.

Also, on some stocks I have a lot more information years in my spreadsheets than for other stocks. So, finding a stock on the list as "cheap" is only the first step in finding a stock to buy. This is the same with any other sort of stock filters that you can use.

The last thing to remember is that I have entering figures into a spreadsheet. I could put them in incorrectly, I can transpose figures and I can misread figures. This is another great reason why you should check a stock out before investing. As this is just a filter, it works better on some stocks than on others.

See my entry on my methodology in establishing the historical dividend yield highs and lows for the stocks that I cover. I have an entry on my introduction to Dividend Growth. You might want to look at my original entry on Dividend Growth Stocks. I have also written about why I like Dividend Growth companies.

On my other blog I wrote yesterday about K-Bro Linen Inc (TSX-KBL, OTC-KBRLF) ... learn more. Next, I will write about BRP Inc (TSX-DOO, OTC-DOOO) ... learn more on Wednesday, October 1, 2025 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my website for stocks followed and investment notes. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter or StockTwits. I am on Instagram with #walktoronto.

Thursday, September 25, 2025

Wolf and Small Caps

If you are interested in Small Caps, you might want to check out Wolf on Substack.

On my other blog I wrote yesterday about Great-West Lifeco Inc (TSX-GWO, OTC-GWLIF) ... learn more. Next, I will write about Granite REIT (TSX-GRT.UN, NYSE-GRP.U) ... learn more on Friday, September 26, 2025 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

Tuesday, September 23, 2025

Well Health Technologies Corp

WELL Health Technologies named “Best Idea” at TD Cowen. See the CanTech Letter at theirsite for more information on this stock. I follow this stock and recently bought it.

On my other blog I wrote yesterday about Wajax Corp (TSX-WJX, OTC-WJXFF) ... learn more. Next, I will write about Great-West Lifeco Inc (TSX-GWO, OTC-GWLIF) ... learn more on Wednesday, September 24, 2025 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

Thursday, September 18, 2025

BCE Inc

I want to talking about stocks I have had for the long term. This is basically what I have been talking about. Buy good companies and keep them. The next one I want to talk about is BCE Inc. When I bought this stock, it was considered a widows and orphan stock, that is a very safe one. I doubt if that would still apply.

I bought this stock first October 5, 1982. I took advantage of their dividend reinvestment program and used my dividends and some extra cash (usually $100.00) to buy more shares most quarters. The problem with these programs at that time was keeping a record of what I was buying. I had done this with a few stocks, but I decided to get out of these programs in 1987.

This is one of most confusing stocks to analyze because of changes over the years. They spun off Nortel (2000) and Bell Aliant (2006). I cannot really figure out how much I have made on this stock since 1982. I bought the Quicken Program and I have recorded in this program this stock since 1987, I can figure out what I have made since 1987, but I also have to include Nortel and Bell Aliant in this calculation. I did not want to keep either so I sold them.

The problem with Nortel is that it was spun off during the 2000 bull market and was spun off at a very high price. I sold half of my Nortel at a very good price in 2000 ($84.60), but sold the rest at a low price of 2006 at $2.57 a share. At that price, it was almost back to my ACB for tax purposes.

I also made several purchases of BCE over the years. However, according to Quicken, I have made to the end of June 2025, a total return of 12.08% with 3.67% from capital gains and 8.41% from dividends. Over the years, with ups and downs in this company, I still have done quite well.

On my other blog I wrote yesterday about Telus Corp (TSX-T, NYSE-TU) ... learn more. Next, I will write about Trican Well Service Ltd (TSX-TCW, OTC-TOLWF) ... learn more on Friday, September 19, 2025 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

Tuesday, September 16, 2025

RESP Rules

This is an interesting article on Money Sense about Registered Education Savings Plan (RESP) withdrawal Rules

On my other blog I wrote yesterday about Accord Financial Corp (TSX-ACD, OTC-ACCFF) ... learn more. Next, I will write about Telus Corp (TSX-T, NYSE-TU) ... learn more on Wednesday, September 17, 2025 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.