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Uncle Melvin

11/24/18 10:53 PM

#352327 RE: ernie44 #352326

Blue-Chips in the dumps?

You people will never learn the difference between blue-chip and penny-stocks.

Blue-Chips pay a thing called a dividend.

Think where you would have been if you would have put all your ill-gotten gains from CMKX into a basket of Canadian bank stocks that performed above market even during the recession.

1) Bank of Montreal - Stock price: BMO (TSE) $97.69 +0.15 (+0.15%)

2) Royal Bank of Canada - Stock price: RY (TSE) $95.06 +0.12 (+0.13%)

3) Canadian Imperial Bank of Commerce - Stock price: CM-S (TSE) $22.00 +0.02 (+0.09%)

4) Toronto Dominion Bank - Stock price: TD (TSE) $71.45 +0.41 (+0.58%)

5) Scotiabank - Stock price: BNS (TSE) $70.18 +0.13 (+0.19%)

Buy and forgot about, let the dividends pile up...

I know ernie, not your style...

just saying...

fung_derf

11/26/18 5:11 PM

#352341 RE: ernie44 #352326

I own GM. GE and XOM.
Cost basis on GM for me is $35.37
Cost basis for XOM is $63.88
Cost basis for GE is $14.22.

Not factoring in my dividend checks.
GM is the only one looking to move up at the moment. GE will probably be an Add more soon.