January 2014 Update

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Running towards retirement
(Doha Triathlon, January 25)

January Results

The US markets dropped dramatically in January – the DJIA dropped over 5% and the S&P almost 4%.  However, somehow the Canadian market eked out a small gain – mainly due to the sagging Canadian dollar.

In terms of US funds, my portfolio followed the market with a 4 1/4% drop – almost every blue chip dividend stock dropping dramatically.  Maybe this is the long awaited correction. If so, be prepared for another 5% drop.

For me, heading into retirement this year, the good news is that the weak Canadian dollar makes retiring in Canada desirable as my portfolio, denominated in Canadian dollars actually grew by a small amount.

I had no transactions in January, but I am still considering Bank of Nova Scotia, with the largest international exposure to international markets, took one of the biggest hits.  As most of my available cash is in Canadian dollars, I don’t want to convert in to US dollars at the current exchange rates.

Get fit – Stay Fit

While you are working on your fiscal fitness, you might want to also consider your physical fitness.  It’s nice to have money for retirement, but it is more important to have your health.

For anyone interested, here is a link to my book about my conversion to health and fitness.

From Couch Potato to Weekend Athlete

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Paperback or Kindle

Mutual Funds – again

Click HERE for an interesting article about mutual funds.  It discusses mutual fund fees.

Money Transfer

For those of you who are having difficulties transferring money between institutions and between countries, here is a service I have been made aware of.  I have never used it, so I cannot provide a recommendation, but I have talked to people who are quite satisfied with the service.

Payline

Suggested Stocks – All are A++ as assessed by ValueLIne. I have added ValueLine’s Timeliness indicator, which is their assessment of whether it’s a good time to buy.  1 is best, 5 is worst.

Company

Ticker

Timeliness Rank

Dividend Yield

Dividend Growth 10-Year

AT&T Inc.

T

2

5.44

5

Deere & Co.

DE

2

2.32

13

Intel Corp.

INTC

2

3.58

26

Royal Dutch Shell ‘A’

RDS/A

2

5.02

8.5

Total ADR

TOT

2

5.24

15.5

Verizon Communic.

VZ

2

4.43

2.5

Baxter Int’l Inc.

BAX

3

2.84

8.5

Chevron Corp.

CVX

3

3.38

9

Coca-Cola

KO

3

3.11

10

Du Pont

DD

3

3.01

1.5

Emerson Electric

EMR

3

2.55

6.5

Exxon Mobil Corp.

XOM

3

2.66

8

Gen’l Dynamics

GD

3

2.21

13

Honeywell Int’l

HON

3

2

6

Int’l Business Mach.

IBM

3

2.16

18

Lockheed Martin

LMT

3

3.62

22.5

McDonald’s Corp.

MCD

3

3.4

27

Merck & Co.

MRK

3

3.41

1.5

Northrop Grumman

NOC

3

2.08

9.5

Occidental Petroleum

OXY

3

3.13

14.5

PepsiCo, Inc.

PEP

3

2.83

13.5

Pfizer, Inc.

PFE

3

3.35

6

Raytheon Co.

RTN

3

2.42

8

Smucker (J.M.)

SJM

3

2.41

10.5

Travelers Cos.

TRV

3

2.41

4

Wal-Mart Stores

WMT

3

2.67

18

Boeing

BA

4

2.07

10

Johnson & Johnson

JNJ

4

2.85

12.5

Kimberly-Clark

KMB

4

3.07

9.5

Procter & Gamble

PG

4

3.08

11

Texas Instruments

TXN

4

2.72

21.5

Unilever PLC ADR

UL

4

3.53

9.5

United Technologies

UTX

4

2.06

15.5

3M Company

MMM

5

2.54

6.5

Automatic Data Proc.

ADP

5

2.42

13.5

Bristol-Myers Squibb

BMY

5

2.67

2

Colgate-Palmolive

CL

5

2.29

12.5

Illinois Tool Works

ITW

5

2.06

13

Novartis AG ADR

NVS

5

3.02

16

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About borgford

Feel free to contact me with questions: brianborgford@hotmail.com
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