Comments on Triaging My Way To Financial Success: Barriers to Investing: Price

Enbridge under $40 seems less likely with each pas...

2009-12-01T21:11:49.153-05:00

Enbridge under $40 seems less likely with each passing day. RBC added the stock to their Focus List today driving up the price another 3%. Fingers crossed for a market correction.

Think Dividends, you may just get your price, afte...

2009-11-24T00:32:37.826-05:00

Think Dividends, you may just get your price, after ENB raises the dividend early next year. We've also debated on FWR the subject of DRIPs. I personally feel that if you set one up, you help protect yourself against market drops because you automatically pick up new shares at lower prices. You can wait for ENB to fall to $40 or $36 or whatever, but the key variable in my view is not price but TIME. The sooner you start accumulating shares, the sooner you'll be receiving a double-digit yield on original cost. It's only a matter of time with a stock like ENB. Cheers

Thanks for the feedback. In an ideal world, I wou...

2009-11-17T00:20:53.236-05:00

Thanks for the feedback.

In an ideal world, I would like my entry points (going-in yields) as follows:

- Enbridge: Closer to 4%
- Fortis: Around 4.5%
- Cineplex: 8%
- Keyera: Closer to 10%

In the meantime, I will wait.

I struggle with this too... my frugal nature oft g...

2009-11-16T20:37:23.200-05:00

I struggle with this too... my frugal nature oft gets the best of me. I find it helps to break out the calculator and see what the difference to target is. I have a penchant for round even numbers and place buy orders based on this usually, but often find myself canceling or amending as the market comes near the target. What's a few cents a share, even on a thousand shares? Better to take the deal, rather than watch it move away from you!

Enbridge (ENB) is a company I own the preferred sh...

2009-11-16T09:59:30.506-05:00

Enbridge (ENB) is a company I own the preferred shares of, but I want to split the position 50% to lock in gains and invest in the common. The problem of course is that ENB is rarely cheap and currently trades at a premium. Using the gains made in a way nullifies the additional premium, but it's still a difficult decision to make. I will ultimately make the switch though.

Fortis (FTS) is a great company I currently own and purchased at $25, $24 and $22. Buying it now near a 4% yield isn't bad when you consider the strength of the company.

Readers can likely infer that I haven't added to either position yet because I anticipate a slight drawback in the markets soon.

Great article. I am currently struggling with that...

2009-11-16T09:39:41.076-05:00

Great article. I am currently struggling with that issue with a few stocks that I am trying to buy: Enbridge, Fortis, Keyera and Cineplex.

The longer I wait, the more the price keeps getting away from me.