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Saturday, November 17, 2012

And how about a $12 special dividend by McGraw-Hill Ryerson Ltd. (MHR)?


I just add a new page to my blog name My Monthly budget. Now that I clear off my American Express because their wonderful 0.99% interest rate had come to an end, I want to control my expenses so I can just invest MORE MORE MORE. I have to stick to that budget.

I only have 2 Christmas gifts to purchase. Once my bus ticket will be purchase, I will be pretty close to the $600 in expenses. Now you know why hot chick needs the dividend cash flow. I NEED IT AND I WANT IT. Lol.

Yesterday when I checked my TD Waterhouse account, my data appears differently. I could see in an instant on which investment I did very good and on which I have done very bad lol. And when I checked again today, I had the old display in my portfolio. The only thing negative is that you can only view the account value in real time. The past market view seem to have disappeared. Anyhow, I prefer the new view, it provides more data on how good and how bad the portfolio is doing. In my case, my overall non registered portfolio is at a MINUS 6%. It’s not so bad knowing the market situation. Even my Fortis (FTS) went down a little.

Now is the perfect time to invest in blue chips like TD bank, Fortis, all those good stuff. Now is not the time to invest in volatile stuff like Sprott (SII), Just Energy (JE) and the other ones name by a reader in a previous comment. Now is the time to secure your portfolio.

This is quite funny and interesting. Ok, here at the Dividend Girl we have invested in HRX ONLY to  get our hands on the 5$ special dividend which was just TO HOT just to get away without it. So I invested in some stocks of that company and now, guess what, McGraw-Hill Ryerson Ltd. (MHR) is joining the POW-WOW by offering NOT $5 but $12 per stock in form of SPECIAL DIVIDEND. I am in for a $500 investment. The stock seems to be strong and offer a strong value and what else can I say if not that I AM IN BABY. I am in.

And to be in you have to invest in McGraw-Hill Ryerson Ltd. (MHR) at least 3 business days BEFORE November 27, 2012. To be sure of the limit date to invest in MHR, contact your broker.

Personally speaking, MHR will bring in it something new around because I don’t hold nothing really in term of publishing if not Data Group.

Thanks to the blogger Not working for the super hot tip.
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11 comments:

  1. AnonymousNovember 17, 2012 at 3:25 PM

    it's the same shit as the other investment in Héroux-Devtek Inc. (HRX). There's no free lunch.

    I pay let's say 48 dollars a share for MHR and then after the dividend it drops to 36... I gained nothing, I have to pay taxes on 12 dollars dividend while I have an instant capital loss of 12 at least...

    ReplyDelete
  2. SeanNovember 17, 2012 at 9:16 PM

    Sounds like a better investment than HRX... At least these guys have been paying increasing divies for over a decade...

    ReplyDelete
  3. AnonymousNovember 17, 2012 at 11:03 PM

    Well said annonymous. It's the same old shit. The only upside is Sunny can sell @ a loss and carry forward her loss for up to 3 yrs. It sounds like SUnny is having cash flow problems. I know one thing-I would not like to have a lifestyle like SUnny living on $600+/month while investing all my excess $$ in the stock market. When I read Sunny's posts it makes me think of a word that starts with C and ends with p.

    Mark

    ReplyDelete
  4. High on DividendsNovember 17, 2012 at 11:25 PM

    Sunny, you read my mind!

    Just opened a new position in TD, as the yield is approaching 4%. Great blue chip.

    Careful with any printing company, as print is decreasing....

    ReplyDelete
  5. AnonymousNovember 19, 2012 at 12:00 PM

    The problem with this stock is it's hardly traded (hardly any volume) and big spread between bid and ask. The bid right now is 47.10 while the ask is 48.40 for a difference of 1.30.

    ReplyDelete
  6. SeanNovember 19, 2012 at 5:10 PM

    Look at HWO, good place to park some cash and collect a healthy dividend...

    ReplyDelete
  7. SunnyNovember 19, 2012 at 7:28 PM

    I didn't invest in this one yet and I don't think I will. I need to be careful, my margin is fragile.

    Getting a $12 per share is sure exciting but only if you have $$$.

    ReplyDelete
  8. AnonymousNovember 19, 2012 at 8:19 PM

    get this in your stupid head, you are not getting 12 dollars, that 12 dollars is all your own money... + taxed as dividends too and you will have an instant capital loss of 12 dollars as well. there's no free lunch. if it was that easy this stock will sky rock to the moon.

    ReplyDelete
  9. AnonymousNovember 20, 2012 at 8:18 AM

    Not a good idea...MHR is not a good position. It trades thinly and will only get worse as time goes on. Again, plan for the longer term as you had started out. Short term trading always loses in the end.

    ReplyDelete
  10. AnonymousNovember 20, 2012 at 8:46 PM

    HI Sunny,

    Do you subscribe to any investment newsletters besides Derk Foster's newsletter?

    Mark

    ReplyDelete
  11. Not WorkingNovember 22, 2012 at 12:03 AM

    Thanks for the link sunny ! :)

    ReplyDelete