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Canadian Investing / Canada (General)
|Subject: Re: Pengrowth Opinions||Date: 9/17/2012 9:31 PM|
|Author: UnkaBob||Number: 63031 of 64295|
I hate the banks! I have believed that they are overpriced for twenty years but they stay overpriced. The only bank security that I felt made sense were the high dividend preferreds in 20009 and I missed them.
My blue chip stocks are Husky, AT&T, Fortis preferreds and Hawaiian Electric. I missed out on Freeport-McMoran last month when they were down to $32.
I am presently 75% cash with nowhere to put it that I trust.
At present, I use my returns to cover winter ih Hawaii but I hear that hotel bargains will be unlikely this year. Airfares are about the same this year.
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