Q: For cash destined for a non-registered account can you suggest categories of stocks that, given their current valuations following the recent market meltdown over the past couple of weeks, you would expect to have the best total returns over the next three years or so, listed in order of expected total return?
1) 6-8 Canadian blue-chip dividend-growth stocks with at least 5 years of consecutive dividend growth (ideally 10 years) and a current dividend yield of ≥ 4.0%, good balance sheets, reasonable/minimal debt, etc. Looking for “best in class” amongst a few different sectors - ie only need one (“best”) bank, one telco, one pipeline, etc
2) 2-3 Canadian blue-chips who may not meet the above dividend yield and growth specifications but whose current valuations make them an appealing possibility
3) 2-3 more growth-oriented stocks, do not have to be traditional “blue-chip” - with or without dividends who would be expected to have the best total return possibilities over the next three years.
Would you be buying now or waiting until there are maybe a couple or three consecutive days of positive market returns and/or when the current market volatility seems to be settling down (however you would define or identify that) or buying in over a period of time? If so, over what period of time and buying at what interval/ frequency?
Thanks for your insight.
Bruce
1) 6-8 Canadian blue-chip dividend-growth stocks with at least 5 years of consecutive dividend growth (ideally 10 years) and a current dividend yield of ≥ 4.0%, good balance sheets, reasonable/minimal debt, etc. Looking for “best in class” amongst a few different sectors - ie only need one (“best”) bank, one telco, one pipeline, etc
2) 2-3 Canadian blue-chips who may not meet the above dividend yield and growth specifications but whose current valuations make them an appealing possibility
3) 2-3 more growth-oriented stocks, do not have to be traditional “blue-chip” - with or without dividends who would be expected to have the best total return possibilities over the next three years.
Would you be buying now or waiting until there are maybe a couple or three consecutive days of positive market returns and/or when the current market volatility seems to be settling down (however you would define or identify that) or buying in over a period of time? If so, over what period of time and buying at what interval/ frequency?
Thanks for your insight.
Bruce
