$1300, Low Beta, Dividends, Blue Chip, USD/CAD

[Toronto.gal]

who want cheap stuff is wellcome to MCD )

Do you own MCD shares? I think not.

[Toronto.gal]

1. I don't ever want to own BBD.
2. I know I said "no financials", but what does everyone think about MFC at these levels? (T.Gal?)

1. We shall see how you'll feel when it goes back to $7.
2. You said you wanted to 'park & forget'; for how long can you forget? If I were you, I would forget about the dividend since the amount involved is so small, rather, try to double your money instead with coal/gas/oil/uranium, etc.

At the moment, MFC is a great stock for trading and/or if you have patience to hold long-term, but with the amount in question, you'll only receive about $13. At any rate, you can't go very wrong with any severely undervalued stock [I mean you can't lose much more].

Now let me get back to ARNA.

[peterk]

Check out Corning. Great profit margin, low price, and a growth industry. A bit low yield but low payout as well. Might be too volatile for your tastes though..

[gibor]

Do you own MCD shares? I think not.

No, I'm not I don't hold KEG either, even though it was close to fill one time my order

[rusty23]

From $11 to $12? That's a 9% gain. I'm not going to buy it at $11.20 (the current price), and sell at $12, which would be a 7% gain.

It's not much risk, if you ask me. Markets are volatile. This thing will go up/down +/- $1 within a few months. In the past 5 days, it has gone up 3.99%.

As it stands right now, I have a GTC order for 100 shares at $10.75 and another GTC order for 200 shares at $10.00. That's only $3grand to put on the line, assuming all orders fill (which is more than likely not going to happen). I anticipate only the first order at $10.75 will fill, which is $1000 to risk. Peanuts.

The next dividend record date isn't for another 7 weeks, so I am not in the biggest rush.

I thought this was to park set and forget! (i'm in the same cause as you looking to park the similar amount of cash in an rrsp account learning towards PM/MO)

[HaroldCrump]

If you are looking for stable, blue chip, etc. and don't have exposure to utilities, infrastructure, etc. look into Atco (ACO).
It's nominal value is higher than what you are looking for (around $76) but a smaller overall market cap than some of the other names you are considering (such as MFC).
The yield is lower than MFC as well, but so is the risk profile.

If the nominal value is a real issue for you, then in the infrastructure and construction sector consider Aecon (ARE), Genivar (GNV).
For a more global and large scale coverage, there is always SNC Lavalin (keeping in mind the brewing corruption and potential bribery allegations).
Both ARE and SNC have yields in the 2% - 3% range, Genivar is a high yield stock (6% or so), but then it is smaller cap and less diversified as well.
If you want engineering and consulting, but don't want to go with SNC, there is Stantec (STN).

Plenty of cherries to pick.

[Toronto.gal]

No, I'm not

I don't hold KEG either, even though it was close to fill one time my order

I thought so chaver!

I don't own KEG either, so I don't care, but I do ask for a lil respect for stellar performing MCD [since I bought anyway].

KaeJS' investment is $1,300 [not $13,000], so I don't think emphasis on dividends is important IMHO.

[gibor]

1. If I were you, I would forget about the dividend since the amount involved is so small, rather, try to double your money instead with coal/gas/oil/uranium, etc.

T. you have a point , considering Kae time horizont!
! Stocks like in thread title more suitable to belguy or who is close to retirement.
Just look at CNQ....dirt cheap, low yield but increasing dividends more than 20% per year for 12 consistent years

[KaeJS]

Harold, thank you for all the suggestions.

I will look into those.

Currently, I have limit orders set on MFC, SJR and FCR. Prices are low, so they are not filling today. (maybe tomorrow or monday, if things keep sliding).

This originally was for money I did not want to "touch" and wanted to "set and forget". But.... my "trading" fever is coming back and there's so many good deals?

I feel like if I spend $5k instead of $1300, I can just throw more cash into my stock account to cover up the margin.

I'm going to be picky, though, as I need some stabilization. Right now, I've got way too much energy and my portfolio is getting ruined due to days like today!! I know energy is cheap right now, but I have too much.

gibor, CNQ is also an excellent buy. I've been watching this for a week now.

[Argonaut]

Keep it in cash! A cash allocation and patience are overlooked virtues of investing.