Admittedly, the days of following up stock movements in the Financial Times are long gone. Nowadays, savvy investors follow their investments either online or through well-informed magazines such as Investors Chronicle (IC). Originally published in 1860 as the Money Market Review and merging with the Journal of Finance in 1914, Investors Chronicle is an excellent tool for individual investors, who are interested in the stock market and an exceptionally highly regarded magazine in the financial sector.

Published every Friday by the esteemed Financial Times group, Investors Chronicle is an 85 page edition full of financial information, and arranged in a way that attracts investors, provides information and addresses issues that even small investors could need.

In the first twenty pages, Investors Chronicle focuses on financial news about listed companies, short market review of how the market has performed over the last week, general economic outlook, and financial predictions about the following week. The news section is well written, comprehensive and unbiased informing not only the average investor, but also the lay person in the street about the trends in the stock market and the expectations of the analysts for the forthcoming period.

Discussion on company fundamentals, company news, company results, share splits, mergers and acquisitions and future market trends takes place in the largest part of the magazine. In particular, the Investment Trusts section covers news on US stocks and provides useful information on how companies use their money to buy shareholdings in other companies. Investment Trust is, in effect, funds of funds that can help an average investor to allocate risk in emerging markets in Latin America and East Asia.

The market coverage changes every week based on financial developments that affect market performance. Besides, Investors Chronicle provides historical data on past market trends as well as ‘buy’ or ‘sell’ recommendations based on reasons to estimate that certain market trends are likely to continue or not. Similarly, the sector coverage provides a balanced overview of sectors that can ensure a proper risk diversification in a portfolio, but also gravitates on those sectors that can make investors more knowledgeable. For instance, the magazine explains the difference between value added and knowledge-based industries so that investors know in which sectors to invest, but mostly why it makes more sense to invest in some industries over others.

The Tips section is perhaps the most significant section of IC for individual investors, who are provided with ‘buy’ or ‘sell’ recommendations based on fundamental analysis, typically for three large and three small companies to a maximum of six tips. Each company is fully reviewed by major brokerage houses with explanations on why they are tipped and presented with a chart that shows stock price performances and each company’s financial statistics. Besides, the Tips section provides an update on previous recommendations and explanations on why the recommendations have changed from ‘buy’ to ‘sell’ or vice versa.

The companies reviewed in the Tips section are usually from the Banking, Retailing, Biotech, Construction, Technology or Pharmaceutical sectors and the advice provided is well balanced covering both the pros and the cons of each company offering the investors a well-rounded perspective. Besides, shares that are tipped on Investors Chronicle on Friday are typically marked up on Monday, which shows how well respected the magazine is from investors and how highly influential is considered. On the other hand, it makes sense for investors to cross-check the information provided in IC and to use the Tips section as a starting point for their investment strategy.

Another interesting section of Investors Chronicle is the Statistics Section which provides information on worldwide economic indicators, while the magazine has different features every week that are helpful and enable investors to gain a broader understanding of the market.

Overall, Investors Chronicle is a useful tool for individual investors who have an idea about the markets and their mechanisms. Although it aims at reaching a broader audience, IC is a specialist magazine that provides straightforward and insightful information, interesting debate and reliable data. Coming currently at a retail price of £3.25, Investors Chronicle is considered by many rather expensive. However, an annual subscription of £115 can save investors a substantial amount of money.

A freelance writer, top MBA graduate with Finance major, passionate about business, finance, history and music; this is pretty much me in a nutshell.

I provide high quality writing services since 2005 in the field of Business & Finance, Movie Reviews, Book Reviews, Health & Fitness, Internet and Relationships. I also have a very good knowledge of Politics and History.

My advanced familiarity with financial modeling, financial statement analysis, capital budgeting and market research has helped me a lot, not only to be a successful professional, but mostly to see life under a more creative and innovative perspective. Besides, having lived for two years in Chicago, IL and Boca Raton, FL and for quite some time in Paris, France has provided me with an international aspect and has enlarged the way I see and understand life.

I currently work as a financial and investment advisor at an international financial institution. Yet, my dream is to be able to make a living as a writer.

You may find me at:
http://christinapomonibusiness.blogspot.com/ http://christinapomonifinance.blogspot.com/ http://reviewsrevisited.blogspot.com/ http://thehistoryculturevenue.blogspot.com/

Article Source:http://www.articlesbase.com/investing-articles/magazine-reviews-investors-chronicle-1358038.html

Investors.com, the online edition of Investor’s Business Daily (IBD), is the type of website that can attract sophisticated investors with a fierce loyalty. Focusing on exceptional stock analysis methodology, thorough data analysis and important financial news, Investors.com provides investors with the core value of the financial world without engaging into flashy design and unnecessary information. The first impression for non-investors is most likely a dull website. Yet, for investment aficionados, Investors.com is the place to be.

The homepage of Investors.com is simple and straightforward featuring top stories with highlighted links from Investing, Business, Economy, Technology, Management and Politics, the most popular articles, stock research tools, top-rated companies in the news, and an event calendar with the most important workshops, online events and meetups in the financial world. Offering exceptional charts and graphs, information about the sector leaders, which stocks are worth investing for under $10, views by fundamentals or by price & volume, analysis on options and ETFs and a list of 100 top-rated growth stocks in IBD’s database with top fundamentals (IBD 100), Investors.com wraps up the capital market quickly, efficiently and interactively.

Providing a variety of tools for investors to retrieve and display data, Investors.com is the perfect example of a publisher taking advantage of technological advancements to satisfy the audience information needs. The successful steps of IBD that was launched in 1984, built a publication with a paid circulation of 215,000 and 50,000 digital edition subscribers, which is highly respected in the financial world. In effect, Investors.com capitalizes on an immature niche in business publications. By observing the common characteristics of stocks with historically high performances, Investors.com addresses investors who are active and love to slice, display and download data.

From a technological perspective, Investors.com is a truly innovative website that promotes interactivity. The major points that put Investors.com right in front of the curve are its interactive stock screens and data selectors allowing the user to thoroughly search the database, the downloadable data that can be exported into Excel or other text formats for continued research, the financial dictionary, the financial rates and calculators, and the community building that is encouraged through online forums and real-world meetups. Community building is perhaps the most surprising section of Investors.com. Not only has it explicitly recognized the value of community with a ‘Community’ link on the navigation bar, but it also promotes a community building tool that one wouldn’t expect to see on an investment website.

Overall, Investors.com is a research tool that offers investors who like to play with data a lot of data. Using interactive functionality to manage its source information and targeting an audience of sophisticated rather than average investors, Investors.com creates many product alternatives for its customers and gains a competitive advantage over similar financial websites.

A freelance writer, top MBA graduate with Finance major, passionate about business, finance, history and music; this is pretty much me in a nutshell.

I provide high quality writing services since 2005 in the field of Business & Finance, Movie Reviews, Book Reviews, Health & Fitness, Internet and Relationships. I also have a very good knowledge of Politics and History.

My advanced familiarity with financial modeling, financial statement analysis, capital budgeting and market research has helped me a lot, not only to be a successful professional, but mostly to see life under a more creative and innovative perspective. Besides, having lived for two years in Chicago, IL and Boca Raton, FL and for quite some time in Paris, France has provided me with an international aspect and has enlarged the way I see and understand life.

I currently work as a financial and investment advisor at an international financial institution. Yet, my dream is to be able to make a living as a writer.

You may find me at:
http://christinapomonibusiness.blogspot.com/ http://christinapomonifinance.blogspot.com/ http://reviewsrevisited.blogspot.com/ http://thehistoryculturevenue.blogspot.com/

Article Source:http://www.articlesbase.com/investing-articles/website-reviews-investorscom-1358088.html

Smartmoney.com is a complete financial website with a variety of financial information. Offering exceptional worksheets & tools, financial statement analysis, charts, graphs and stock quotes that keep investors updated with the latest financial news, Smartmoney.com is, in effect, a valuable investment advisor that provides excellent advice on personal finance issues and educates investors on finance-related topics.

The homepage of Smartmoney.com features top headlines with highlighted links under titles such as Investing, Spending, Markets, Most Read, while it also features Stories around the Web, Sponsored Links and major titles from SmartMoney Magazine. Then, by following each and every feature of the website, investors can benefit from insightful articles, portfolio tools, maps, stocks and mutual funds performance, personal finance section and many others.

In particular:

• Articles

Smartmoney.com features writers from the Wall Street Journal who contribute their knowledge to the website providing up-to-date articles on current market activity. The quality and insight of some of the most respected financial journalists in the financial industry is pretty obvious. Featuring simple, straightforward articles that an average investor can understand, Smartmoney.com successfully matches quantity with quality surpassing any other financial website with its exclusive articles. Besides, the Sponsored Links section features excellent articles that guide investors and website visitors on other topics such as politics or online shopping.

• My Portfolio

My Portfolio is a customizable feature that allows investors to setup their own portfolios. After registering for free to Smartmoney.com and creating an account, investors can utilize the portfolio options, which involve tracking their portfolio, receiving daily updates on their stock quotes and following news and press releases about the companies they have invested in.  My Portfolio is a comprehensive snapshot of one’s investments and provides information on the price of the each stock, the current stock value, number of shares owned, gains and losses, and the weight of each stock as a percentage of total investment portfolio.

• Tools

The Tools section features expanded options such as setting up a watch list, comparing stocks of different companies, using financial calculators, tracking specific market sectors and using the stock screening tool which enables investors to make well-informed investment decisions and pick good stocks to invest in.

• Maps

Under the Tools section, there is the Map of the Market option that allows investors to get a quick idea of the entire stock market. Featuring an interactive applet that enables them to immediately understand which stock went up (green) and which went down (red), the Map of the Market provides information on stock performance, mutual funds, quotes, charts, financial data, analysts’ ratings and much more. Investors can sort the data based on certain criteria and find securities that match their investment profile.

• Stocks

The Stocks section (under Investing) features stock quotes, stock analysis, market updates, news and commentary, daily prices of Dow Jones, NASDAQ, and S&P 500, top-ten gainers and bottom-ten losers in the stock market, and research tools that help investors choosing their stocks. Besides, Smartmoney.com features excellent charts that display the exact price at any period in time as the mouse moves along the chart line, key statistics, earnings and forecasts, insider trading, key ratios, dividend payments, competing stocks, moving averages, and much more. Maybe the most impressive aspect of all the above is the speed at which they are displayed, almost instantly loaded, because of a Java applet that runs the charting information.

• Mutual Funds

The Mutual Funds section (under Investing) features news and analysis, daily prices of Dow Jones, NASDAQ, and S&P 500, top-ten winners and bottom-ten losers, and top 25 funds for a given time period (thirteen week, year to date, 1 day, 1 week, 4 week, 1 year, 3 years, or 5 years). Mutual funds snapshots match text information that describes the fund with an interactive plot that allows investors to compare funds to each other but also to a variety of benchmarks.

Other important features of Smartmoney.com are Economy (under Investing) and Personal Finance.

Economy provides valuable information about current economic conditions with timely articles as well as key economic indicators, major interest rates, interest yield curve, news from the Federal Reserve, and advice on picking corporate and/or government bonds.

Personal Finance is basically an advice section where investors can find helpful tips in regards to insurance, tax planning, debt management, college planning, retirement planning, marriage and divorce, real estate, and automobiles.

Overall, Smartmoney.com is extremely helpful because the financial articles it provides are customized to each and every investor rather than plain market updates. Unlike other financial websites, Smartmoney.com tells every investor how to use the information provided in the website in the most profitable and efficient way. Besides, by being a dynamic website that posts new articles to reflect the changing market dynamics, Smartmoney.com enables investors to enhance their portfolios and make the most out of their investments.

A freelance writer, top MBA graduate with Finance major, passionate about business, finance, history and music; this is pretty much me in a nutshell.

I provide high quality writing services since 2005 in the field of Business & Finance, Movie Reviews, Book Reviews, Health & Fitness, Internet and Relationships. I also have a very good knowledge of Politics and History.

My advanced familiarity with financial modeling, financial statement analysis, capital budgeting and market research has helped me a lot, not only to be a successful professional, but mostly to see life under a more creative and innovative perspective. Besides, having lived for two years in Chicago, IL and Boca Raton, FL and for quite some time in Paris, France has provided me with an international aspect and has enlarged the way I see and understand life.

I currently work as a financial and investment advisor at an international financial institution. Yet, my dream is to be able to make a living as a writer.

You may find me at:
http://christinapomonibusiness.blogspot.com/ http://christinapomonifinance.blogspot.com/ http://reviewsrevisited.blogspot.com/ http://thehistoryculturevenue.blogspot.com/

Article Source:http://www.articlesbase.com/investing-articles/website-reviews-smartmoneycom-1358150.html

The situation of share market India is such that needs special consideration. A stock is usually a compilation of readily available liquid assets which can be traded in emergency business needs to overcome financial crisis or other financial demands. These stocks are sold out in the form of shares and the share price is the reflection of a company’s capability of trading and available stocks it holds. A share thus, allows one to hold a percentage of stakes in a particular company. The number of most active shares one possesses determines his/her power and also the capability to decide in company’s matters. To get all the figures and facts clear about the stock market India, one needs to be updated with the latest share market news as it enables one to make the right move. It also empowers one with the latest in the financial market. Overall, it helps one know about a company’s market value and its capacity to sail out through the business dealings.

In the business world, one has to be updated with all that’s the latest and the freshest in the market. The market trends and the financial flow of business is something that every one of us should know about as this helps us in tackling all sorts of economic problems arising. Recently, financial crisis or the recession as we would call it has affected all our lives in one way or the other; rising costs, decreasing incomes, skyrocketing oil prices and so on. In fact, the Indian stock market has also been dwindling along with the world economy.  

Leave alone accessibility of stock in the market, the share India news also helps you gather crucial information about the acquisitions or mergers of the companies and their joint stocks. Moreover, the most active shares reflect the future activities or projects of a particular company and their business interests. This information can help you invest wisely in a potential company shares and thus, reap huge benefits. You can catch up with the latest updates in the share market through the Internet and other media.

Sourav Sharma is freelance market analyst and is writing reviews articles on Share market news, indian stock market, share market india, stock market india, and Most Active Shares.

Article Source:http://www.articlesbase.com/investing-articles/share-market-news-1358932.html

INTRODUCTION:

It is widely accepted that every successful business must have a strong working capital position. It is in this context; an attempt was made to explain the concept and various determinative factors influencing net current assets below:

Gross working capital refers to working capital as the total of current assets. That is to say, Gross working capital = Total current assets.
Net working capital refers to working capital as excess of current assets over current liabilities. In other words net working capital refers to current assets financed by long term funds or capital employed of the business.

 Accordingly, Net working capital = Current assets – Current liabilities

The net working capital position of the firm is an imperative contemplation, as this will determine the firm’s profitability and risk. Here the profitability refers to profits after expenses and risk refers to the probability that a firm will become technically insolvent where it will be unable to meet obligations when they become due for payment.

A finance manager has to make an appropriate financing mix, which will limit the risk and increase the profitability. Financing mix refers to the proportion of current assets financed by current liabilities and long term funds.

There are two approaches which determine the financing mix (1) Aggressive approach (2) Conservative approach.

According to aggressive approach the long term funds are used to finance only the core or fixed portion of current assets (e.g., minimum level of finished goods inventory, raw material etc) and the other portion i.e. temporary and seasonal requirements are financed by short term funds. This is of high risk and high profit financing mix.

According to conservative approach the total current assets are financed from long term sources and short term sources are used only in emergency situation i.e. when there is an unexpected cash outflow. This is of low-risk and low-profit financing mix.

As we observed two methods of financing mix, one method is of high risk high profit and other is of risk low profit. A finance manager has to trade off between these two extremes.

Operating Cycle:

As there is a time lag between sales and realization of receivables there is a need for sufficient working capital to deal with the problem which arises due to lack of immediate realization of cash against goods sold. The operating cycle is the length of time required for conversion of non-cash assets into cash. This operating cycle refers to the time taken for the conversion of cash into raw material, raw materials into work-in-progress, work-in-progress into finished goods, finished into receivables into cash and this cycle repeats.

The operating cycle length differs from firm to firm. If a firm has lengthy production process or a firm has liberal credit policy the length of operating cycle will be more. On the other hand, if a firm does not extent credit or the firm is not a manufacturing concern i.e. where cash will be converted into inventory directly then the length of operating cycle will be reduced to a greater extent.

The length of operating cycle is calculated based on the following:

1. Raw materials storage period    (RMSP)
2. Work in process period              (WIPP)
3. Finished goods storage period   (FGP)
4. Debtors collection period            (DCP)
5. Creditors Payment Period           (CPP)

Therefore Length of operating cycle = 1+2+ 3+4-5

FACTORS INFLUENCING WORKING CAPITAL NEEDS:

A firm should have neither low nor high working capital. Low working capital involves more risk and more returns, high working capital involves less risk and less returns. Risk here refers to technical insolvency while returns refer to increased profits/earnings. The amount of working capital is determined by a wide variety of factors:

1. Nature of Business: The working capital requirement of a firm depends on the nature of the business. For example, a firm involved in sale of services rather than manufacturing or a firm is allowing only cash sales. In the first instance, no investment is required in either raw materials or WIP or finished goods, while in the second occasion there exists no receivable as there is immediate realization of cash. Hence the requirement of working capital will be lower.

 2    Seasonality of Operations:

If the product of the firm has a seasonal demand like refrigerators, the firms need high working capital in the periods of summer, as the demand for the refrigerators is more and the firm needs low working capital in the periods of winter, as the demand for the product is low.

3.      Production Cycle:

The term production cycle refers to the time involved in the manufacture of goods. It covers the time span between the procurement of the raw materials and the completion of the manufacturing process leading to the production of goods. As funds are necessarily tied up during the production cycle, the production cycle has a bearing on the quantum of working capital.

The longer the time span of production cycle, the larger will be the funds tied up and therefore the larger the working capital needed and vice versa.

4.Production Policy:

The quantum of working capital is also determined by production policy. In case of the firms having seasonal demand of the products like refrigerators, air coolers etc. and the production policy of the firm determines the amount of working capital requirement. If the firm has production policy to carry production at a steady level to meet the peak demand, this will result in a large accumulation of finished goods (inventories) during the off-seasons and the abrupt sale during the peak season. The progressive accumulation of finished goods will naturally require an increasing amount of working capital. If the firm has production policy to produce only when there is a demand then the firm needs low working capital during the slack season and high working capital during season.

 5. Credit Policy:

The level of the working capital is also determined by the credit policy, as the firm’s credit policy determines the amount of receivables. If the firm has a liberal credit policy, then the firm needs high working capital and the firm needs low working capital if the company’s credit policy does not allow it to extend credit to the buyers.

6. Market Conditions:

The working capital requirements are also determined by the market conditions. In case of the high degree of competition prevailing in the market the firm has to maintain larger inventories as customers are not inclined to wait for the product. This needs higher working capital requirements. If there is good demand for the product and the competition is weak, a firm can manage with smaller inventory of finished goods, as customers can wait for the product if it is not available in the market.

Thus, a firm can manage with low inventory and will need low working capital requirements.

 7.Conditions of Supply:

The availability of raw materials and spares also determine the level of working capital. If there is ready availability of raw materials and spares, a firm can maintain minimum inventory and need less working capital. If the supply of raw materials is unpredictable, then the firm has to acquire stocks as and when they are available for ensuring continuous production.

Thus, the firm needs to maintain larger inventory average and needs larger requirementofworkingcapital.

CONCLUSION:

From the above discussion, it is made clear that the objective of financial management is to maximize the shareholders wealth. Hence, it is needed to generate sufficient profits. The profits generated depend mainly on sales volume. When the goods are being sold on credit as is the normal practice of business firms today to cope with increased competition the sale of goods cannot be converted into cash instantly because of time lag between sales and realization of cash. Further this is possible only through evolving effective working capital policy and better administration on current assets financing.

Dr.R.SRINIVASAN is a Post graduate in commerce and Management. He received his doctoral degree from Alagappa University in 1997. He is now Working as an ASSOCIATE PROFESSORin Post graduate and Research Department of Corporate Secretaryship at Bharathidasan Government College for Women (Autonomous), Pondicherry University, Puducherry.He currently teaches Accounting ,financial management and Research Methodology Subjects. Before Joining BGCW, he was teaching in SNR College, Coimbatore, Sindhi college, Chennai& T.S.Narayanasamy College, Chennai for eight years. He was with the industry for a short term at Salzar Electronics Pvt. Ltd, Coimbatore. He has about 20 years of teaching experience and having research experience of 15 years. His interests are in Accounting and finance, Capital Market, Quantitative Methods. He underwent the Faculty Development Programme at Indian Institute of Management Ahmedabad during 2000-01. He has presented 20 papers in national and international conferences and has published twenty papers in the areas of Finance and Human resource Management in National Journals. Co-authored a book titled, ‘Investors Protection, published by Raj Publications, New Delhi He has delivered lectures in contemporary finance topics at Pondicherry University. He is involved in consultancy projects for Godrej Saralee, Chennai in the areas of Statistical Applications. He has supervised a number of research projects in the area of corporate finance and Human Resource Management. He is the Board of examiner in corporate Secretaryship and Management for the past two decades.
.

Article Source:http://www.articlesbase.com/investing-articles/working-capital-financing-boon-to-business-1359680.html

18 High-Dividend Canadian Stocks

The 2008 financial crisis uncannily echoes what happened in Japan more than a decade ago. In the 1990s, the Japanese banking systems had become overloaded with bad loans after a property bubble collapse, according to Gillian Tett, author of Fool’s Gold. The investor psychology seemed dangerously similar too.  If this is the case, investors who buy high yield stocks now could collect big dividends while the economy fights to get back on its feet.

The Associated Press (AP) reported on Friday that the U.S. federal budget deficit has surged to an all-time high of $1.42 trillion. The Obama administration projects deficits will total $9.1 trillion over the next decade. For weeks the US dollar’s decline sent gold to all-time highs and helped oil to over $78. Canada happens to have plenty of these commodities. 

The following are 18 Canadian companies listed on U.S. exchanges with market caps greater than $1 billion, reasonable P/E ratios, and dividend yields greater than 3.5% (sorted by yield):

Name

Symbol

P/E

Yield

Market Cap

PROVIDENT ENERGY TR

(PVX)

9.0

11.1%

1.66B

PENGROWTH EGY UTS

(PGH)

5.0

10.6%

2.61B

PENN WEST ENERGY TRU

(PWE)

5.1

10.1%

6.90B

ENERPLUS RES FD

(ERF)

5.8

8.4%

3.97B

HARVEST ENERGY TRUST

(HTE)

4.2

8.1%

1.14B

B C E INC

(BCE)

21.7

6.1%

18.82B

TELUS CORP

(TU)

8.6

5.8%

9.41B

PRECISION DRILL TRST

(PDS)

4.3

5.7%

1.91B

BANK OF MONTREAL

(BMO)

17.3

5.1%

27.68B

TRANSALTA CORP

(TAC)

21.9

5.1%

4.07B

BAYTEX ENERGY TR UTS

(BTE)

12.8

5.0%

2.77B

CANADIAN IMP BK COMM

(CM)

3.7

5.0%

2.98B

BROOKFIELD PTYS CP

(BPO)

6.2

4.6%

4.47B

TRANSCANADA CORP

(TRP)

15.1

4.3%

21.71B

SHAW COMM CL B NV

(SJR)

15.6

4.2%

8.24B

ROGERS COMMUN CL B

(RCI)

16.8

4.0%

16.57B

BANK OF NOVA SCOTIA

(BNS)

16.7

3.9%

45.86B

TORONTO DOMINION

(TD)

17.4

3.5%

53.70B

These 18 high-dividend companies are in 4 sectors: Energy, Financial, Telecom and Utilities.

Energy Income Trust

High demand from China and a weak US dollar make the energy sector attractive.  7 companies belong to energy income trust category:

Symbol

Operating Margin

Debt/Operating CF

52-wk Range

(BTE)

36%

1.0

7.84 – 26.44

(ERF)

51%

0.7

12.85 – 28.58

(HTE)

10%

3.2

3.00 – 11.55

(PDS)

28%

2.0

2.00 – 12.21

(PGH)

22%

2.5

4.51 – 11.90

(PVX)

23%

1.5

2.23 – 6.84

(PWE)

58%

2.3

6.77 – 19.01

For sophisticated traders, trading commodities directly might provide a higher reward. For income investors, commodity companies might be a better choice because they provide some buffer, in addition to regular dividends.

There is a small ETF called Claymore Canadian Energy Income (ENY) which includes most of these companies. Its yield is 5.45%.

Financials

The Following are comparisons between Canadian banks, U.S. major banks averages, as well as JPMorgan Chase (JPM), one of the most conservative banks in the US. Clearly Canadian banks are much more profitable.

Description

P/E

ROE %

Div. Yield %

Net Profit Margin %

U.S. Money Center Banks

n/a

1.1%

1.1%

1.3%

JPMorgan Chase & Co. (JPM)

52.6

2.9%

0.4%

15.5%

Toronto-Dominion Bank (TD)

17.6

9.4%

3.5%

22.2%

The Bank Of Nova Scotia (BNS)

16.8

13.2%

3.9%

28.9%

CIBC (CM)

3.8

7.0%

5.0%

18.8%

Bank of Montreal (BMO)

17.4

9.2%

5.1%

21.8%

Telecom

Competition in the telecom sector is heating up in Canada. When BCE (BCE) and Telus (TU) announced they will start carrying the iPhone next month which puts an end to the exclusivity that Rogers (RCI) has enjoyed, it sent RCI’s short ratio to a stunning high of 33. Unlike those 3, Shaw Communications (SJR) primarily focuses on cable services.

Utilities

TransAlta (TAC) is an electric utility company while TransCanada (TRP) operates through two segments: pipelines and energy. TAC’s short ratio of 5.8 makes me nervous.

 Conclusion

After boldly buying when others were selling, Warren Buffet is pulling back, buying fewer stocks while investing in debt.  He is warning that the economy, though on the mend, remains deeply troubled.

In addition, the Canadian dollar is a strong threat to the Canadian economy. CurrencyShares Canadian Dollar Trust (FXC) appreciated over 13% this year. Mark Carney, the governor of the Bank of Canada, has warned that the Canadian dollar appears to be moving away from the fundamentals. 

The iShares MSCI Canada Index (EWC) year-to-date’s return is an astonishing 46%. A great stock can be easily turned into a bad investment, if you buy it at a higher than reasonable price.  It all depends on the starting price.

Nonetheless, high-dividend, fundamentally-strong companies are more likely to survive in this stormy market. One of the greatest ways to protect your portfolio is through asset allocation: to make sure not a single sector accounts for more than 20% of your portfolio. Be sure to re-balance as it will automatically enroll you into the “buy low, sell high” camp.

Disclosure: I have long positions on BMO, BNS, CM, PWE, TD, and TRE. All data is from Yahoo Finance (http://finance.yahoo.com/) as of Oct 16, 2009. 

Stocks: BCE, BMO, BNS, BPO, BTE, CM, ENY, ERF, EWC, FXC, THE, JPM, PDS,

PGH, PVX, PWE, RCI, SJR, TAC, TD, TRP, TU

Hao Jin, CFA
Contributing Writer

Article Source:http://www.articlesbase.com/investing-articles/canadian-income-stocks-1360481.html

We have searched the web and found the BEST online cigar stores for you to enjoy. Take a look and don’t forget to search your favorite.

For the truthful cigar lover, Fuente cigars are a brand beyond comparison. A brainchild of the Fuente family, the brand offers a broad array of democratic varieties under the flagship name of Fuente. Trusted  by the masses and the flush likewise, it is truly no inquire as to why the name is vouched for across the globe and has managed to gain so much respect in the world of cigars.

Easy Online availability makes Fuente cigars popular

Fuente cigars have made a home for themselves on the world wide web. As a brand, it has surpassed its competitors by offering a wide range of varieties and smoking experiences. They can be found at many popular online stores or their approved dealer websites. However, all said and done, a client interested in buying Fuente cigars online needs to be a bit careful and to ensure that the Fuente cigars he is he is buying comes from a store that carries fresh yet  discounted prices.

To further get some help while buying the brand, it might be recommended that an interested client goes onto various online forums, reviews websites and consults friends and peers who had an experience with Fuente cigars before. At the end of the day such an advice comes in handy while deciding from which to buy the Fuente cigars from.

Assured quality time after time

Fuente as a brand in the world of cigars has always been known for its high end quality. Forming the foundation of this quality is the Fuente family which through its exclusive chateau de la  Fuente plantation has manufactured highly sought after cigar wrapper leaves. Truly, one of the predominant reasons behind the success of the assortment of Fuente cigar product lines, Fuente OpusX has been the staple product line and most renowned of all of them.

Success does not come easy

In the business of manufacturing cigars for almost a century, the Fuente family has made quite a big name for itself. It has consistently over a period of time introduced new products and varieties of cigars which have been readily accepted by cigar lovers all across the globe. A credit going to the craftsman of the company that have tirelessly worked to ensure that the quality and taste of Fuente cigars are nothing short of perfect. Delivering these high quality Fuente cigars in their freshest state gives cigar lovers the perfect cigar they had wished for time after time.

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