Q: Peter, My question is about so called Canadian blue chip stocks. Canadian banks div 6 to 7% now TC energy 7.1% Enbridge 7.4% Life ins Manulife 6.1%Great west over 6%. I have owned these stocks for a few years and with them being down 1% or more every day I am staring to go under water. Would it be wise to keep them or sell and buy GIC.
Now for the non blue chip. Eric Nutall suggestions from 2 to 3 mo. ago ie Tamarack Birchcliff ect ect are down 20 to 30%. Many co. have said they will sacrifice growth to pay the div. Many are nearly out of debt. Please help, What am I missing Thanks Ken
Now for the non blue chip. Eric Nutall suggestions from 2 to 3 mo. ago ie Tamarack Birchcliff ect ect are down 20 to 30%. Many co. have said they will sacrifice growth to pay the div. Many are nearly out of debt. Please help, What am I missing Thanks Ken