Tag Archives: RioCan

Planning on a Sleepy Portfolio

4 Oct

What would happen if I just didn’t do any trades for the year 2013?  At the end of the year, I’d have to withdraw from my Scotia and Questrade brokerage accounts for my upcoming down payment.  Just by keeping my stocks, I’d have a monthly flow of dividends and distributions coming my way.  Not to mention the potential of price appreciation or depreciation within the year.  Most likely, I see the prices of my stocks going up with a big question mark for CLF though. Here’s a break down of my current holdings:

Ticker Dis/Div Comments
BPF.UN       235.20 This is my superstar!
IPL.UN       450.48 Very strong contender!
CHE.UN    2,172.00 Invested lots, hope it appreciates.
KEG.UN        96.00 Classy dining unit trust.
BMO    1,152.00 Lagging behind other Canadian Banks.
CLF       250.00 This is my loser stock!
REI.UN       552.00 Newly aquired, it better go up!
WYN        92.00 Aquired for price appreciation mostly.
Total  $4,999.68 If I kept all my stocks for the year!

Welcome Aboard RioCan Real Estate Investment Trust

26 Sep

RioCan Real Estate Investment Trust owns and manages numerous shopping retail properties across Canada and Unite States.  Here is a list of their top twenty-five rental retailers:  http://www.riocan.com/Document/Details/15

I wanted in on the juicy distributions before end of this month, so I hastily bought into REI.UN in the morning of yesterday.  If I had been more patient, I would have save myself a quarter of a point.  However, I’m not too worried about penny here and there.  This will be a longer term hold as I see potential for this unit trust fund to grow in the next few years.

Paying out 11.5 cents per unit with a yield of 4.99% as of today’s closing price, they are not over extending themselves and able to maintain a steady track record of paying out their distributions.

Their chart looks strong, I’m a little worried that I might be buying at all time highs.  The indication is heading upwards for the time being.

I bought 400 shares @ $27.81.  This one I’ll just sleep on it and collect my monthly distributions of $46.00.

I’m back into the game… still I think something missing!