themoneygardener

simplest ways to ensure financial difficulty your entire life

Classic moneygardener; Revisiting an old post from September 12, 2007..... List compiled with inspiration from young, (age 25 - 35), friends and relatives (ie they helped me compile this list without realizing they did so)

net worth update March '10

It's time to report my bimonthly net worth. I report my net worth on the moneygardener or around the 15th of May, July, September, November, January, and March. Net worth results for the 2 Months Ended March 15, 2010:

dropping the weight of consumer debt

I've held a dirty little secret for the past 4 years and I am going to come forward with it now.

Shoppers Drug will be ok

Well back in the summer I exclaimed Shoppers Drug Mart should increase their dividend! They did just that today as they hiked their payout 5%. Apparently this was in line with their earnings growth this year and makes their pay out ratio of 33% 'sector leading'.

first trades of 2010 - chips & heavy oil

So I made my first few trades of 2010 today: Bought Intel (INTC) for my wife's RRSP.- trading at just 12x 2010 forecasted earnings- yield is over 3% and dividend was just raised recently- good dividend growth history- dominate their industry in an oligopoly- turn over should increase with Microsoft's Windows 7 looking good

Colgate & UPS provide raises

Consumer products firm Colgate Palmolive (CL) has hiked it's dividend by 20%, citing a positive outlook. They have doubled their dividend since 2004.

freight and food make investors richer

CN Rail (CNR) has increased it's dividend by 7% to $0.27 per common share. That marks 14 consecutive dividend increases since the company went public in 1995. CN's 4th quarter revenue and adjusted earnings were both down from 2008.

net worth update, jan '10

It's time to report my bimonthly net worth. I report my net worth on the moneygardener or around the 15th of May, July, September, November, January, and March. Net worth results for the 2 Months Ended January 15, 2010:

Fortis powers dividend up

For the 37th consecutive year, Canada-based power distributor Fortis (FTS) has hiked their dividend. This increase came in at 7.7% from $0.26 to $0.28 per share. This holding of mine represents a good example of how dividend increases and a timely purchase can add up to a profitable situation over time.

2009 net worth results

Well, with 2009 becoming a distant memory it's time to look back at how net worth held up here and with our usual suspects.