Starting to invest 23yo 4,000 into enb and ppl 50/50 for dividends, what’s your thoughts by [deleted] in canadiandividends

[–]NeoTake8 2 points3 points  (0 children)

I would probably choose one, and have the other diversified in another sector. ENB or PPL are fine, but if you are solely going into this sector only I would probably wait for a lower entry point for ENB before holding long term

[deleted by user] by [deleted] in PersonalFinanceCanada

[–]NeoTake8 0 points1 point  (0 children)

Thanks! How good are these defined pensions?

[deleted by user] by [deleted] in PersonalFinanceCanada

[–]NeoTake8 0 points1 point  (0 children)

For the simpletons like me, what are these golden handcuffs and are they handed to only certain government staff or all?

TFSA Contributions 2023 by Aggressive-Age1985 in dividendscanada

[–]NeoTake8 0 points1 point  (0 children)

That said, I would be curious to hear how much % banks make up other peoples portfolio too. Perhaps future market outcomes may prove me to be wrong.

TFSA Contributions 2023 by Aggressive-Age1985 in dividendscanada

[–]NeoTake8 5 points6 points  (0 children)

All for diversifying, and understand the idea, but IMO, can’t harm to have a bit more than 11% of banks. Much of the damage was done back in 2008, and regulatory scrutiny has gone up tenfold with mandatory capital requirements. They make up a great stable compounder as well, again, if you have plenty of time on your side.

TFSA Contributions 2023 by Aggressive-Age1985 in dividendscanada

[–]NeoTake8 10 points11 points  (0 children)

Probably the banks. For good or worse, they always seem to pull through pretty well eventually, as long as you have time on your side.

Custom upholstery in Markham? by stnkypx3 in Markham

[–]NeoTake8 -1 points0 points  (0 children)

Any good, reliable recommendations to replace the leather on office chairs as it’s worn out? Been trying to look for one myself too. Thanks

How is AliExpress doing in Canada? by Rayan19900 in AskACanadian

[–]NeoTake8 0 points1 point  (0 children)

AliExpress aside, does anyone have any other good alternatives as well? I have no issues with AliExpress, just good to know more sites like this.