I strongly believe that DGI.UN is a very good pick for short term (1 year), but reduce some stock when they reach around $8.50 and buy them back if they go back below $6.50 (swing).
Nowadays you are making very exciting moves. I glad that you reduced some JE because keep $16000 in one stock is not a good idea for small investors like us. May be you can keep 10000 JE once you reach $10 million assets :))
Thanks all! I am lucky to have good Investors-readers. I also received another good company to invest in yesterday. I will write about it this evening.
Here is another bit of good news from Reuters on DGI.UN.
Feb 14 (Reuters) - : * TD Newcrest resumes coverage of Data Group Income Fund with buy rating; sets target price of C$8.00
Very good stock to hold in short term. Pays decent divident of 8% now but a few months ago they used to pay around 14%. They had one time charge which forced them to cut the dividend.
I strongly believe that DGI.UN is a very good pick for short term (1 year), but reduce some stock when they reach around $8.50 and buy them back if they go back below $6.50 (swing).
ReplyDeleteNowadays you are making very exciting moves. I glad that you reduced some JE because keep $16000 in one stock is not a good idea for small investors like us. May be you can keep 10000 JE once you reach $10 million assets :))
I bought DGI.UN today as well. Also another one for you to review is CPA.UN... looks like a high yield at a good price.
ReplyDeleteThanks all! I am lucky to have good Investors-readers. I also received another good company to invest in yesterday. I will write about it this evening.
ReplyDeleteI picked up some DGI.UN today after reading your blog, also bought some AVF.
ReplyDeleteHi PattiRose!
ReplyDeleteNice to hear you invest in DGI.UN today yourself too :)
Here is another bit of good news from Reuters on DGI.UN.
ReplyDeleteFeb 14 (Reuters) - : * TD Newcrest resumes coverage of Data Group Income Fund with buy rating; sets target price of C$8.00
Very good stock to hold in short term. Pays decent divident of 8% now but a few months ago they used to pay around 14%. They had one time charge which forced them to cut the dividend.
Thanks Ramesh for sharing. I am very happy with DGI.UN!
ReplyDelete