BCE

I want to start talking about stocks I have had for the long term. This is basically what I have talking about. Buy good companies and keep them. The first one to talk about is BCE (TSX-BCE, NYSE-BCE) which I first bought in 1982. I only have figures in Quicken from 1987, but I currently have a total return of 12.29% per year with 5.46% from capital gains and 6.83% from dividends to July 31, 2024.

I used the dividend reinvestment plan at first and put in an extra $100 once in a while, which you could do with the early dividend reinvestment plans. I stopped using the dividend reinvestment plan because the accounting I needed to keep got too complicated. I also made several purchases of this stock after I stop the dividend reinvestment plan between 1999 and 2022, my last purchase being in December 2022.

Unfortunately, this investment got complicated with the spin offs of Nortel Networks and Bell Aliant. I noticed that with every spin-off, I was left with an odd number of shares. I did not keep with Nortel Networks nor Bell Aliant for the long term and sold both a few years after I got them.

On my other blog I wrote yesterday about Stingray Digital Group Inc (TSX-RAY.A, OTC-NONE) ... learn more. Next, I will write about BlackBerry Ltd (TSX-BB, NYSE-BB) ... learn more on Friday, August 2, 2024 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.