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re: I'm getting bored with day trading. So, I'm going to create...

Posted on 2/22/12 at 1:34 pm to
Posted by Dusty Bottoms
Guadalajara
Member since Nov 2006
933 posts
Posted on 2/22/12 at 1:34 pm to
quote:

I don't want to get too concentrated


Agree totally, but in fairness, your requirements almost force you into concentrations.

PCL would give you a little more diversity.
Posted by LSURussian
Member since Feb 2005
127103 posts
Posted on 2/22/12 at 1:40 pm to
quote:

but in fairness, your requirements almost force you into concentrations.

And now you know why I started this thread!

You are correct. The pharms and energy or electrical generating companies dominated the yield screener program I used (along with what seems like every REIT company in existence).

quote:

PCL would give you a little more diversity.

I'm going to add that company to my watch list, but it's showing a payout ratio of 141%. I'll watch it and get more familiar with it (I've never heard of it until this thread) and see what happens.

If you have some personal background info about PCL I'd liked to hear it.

Thanks.
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