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    From Alan Bowler@21:1/5 to All on Thu Oct 6 18:51:03 2022
    I've said for a while that the big Canadian banks
    are solid long term holds. I just added to Bank of Nova Scotia (BNS).
    It has not done quite as well as the others the last few
    years, but still posted a decent return.
    Currently pays over 6% (47% payout ratio)

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  • From Alan Bowler@21:1/5 to Alan Bowler on Thu Nov 10 19:27:49 2022
    On 2022-10-06 6:51 p.m., Alan Bowler wrote:
    I've said for a while that the big Canadian banks
    are solid long term holds.  I just added to Bank of Nova Scotia (BNS).
    It has not done quite as well as the others the last few
    years, but still posted a decent return.
    Currently pays over 6% (47% payout ratio)

    This month added to my holding of TransAlta (electricity generator).
    I've held that a long time and although I show a capital loss on
    it, I've made made a profit after dividends.

    Also my position in Recipe Unlimited was closed out when it was taken
    private, I replaced it with Restaurant Brands QSR (Burger King, Tim
    Hortons, Popeyes).

    Interest rates have finally risen high enough so that if we get back to
    2% inflation, you can expect a real after tax profit. So I added to
    a long corporate bond ETF (ZLC) hold in my RRSP. (An RRSP can be thought
    of as an improved IRA).

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