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Converting CAD to US
#13
I don't think you'd be wrong with either decision, especially with free transactions. It'd just be a personal preference.

When just getting your portfolio and dividends rolling I would try to start pushing the snowball down the hill as soon as possible. By this I mean putting 2K into DIS which yields only 1.1% you're only going to collect $22 once a year ( DIS only distributes their div once a year, not quarterly )

With $6K all in KO, which yields 3.3%, you're going to receive $49.5 every quarter to then reinvest. With KO currently at ~$40 you'd buy 150 shares, and if you DRIP you'd have about 155 shares by this time next year. With DIS you'd just have $22 in your account in December when DIS pays out. With KO paying out $1.32 / div / share those additional 5 shares of KO you automatically picked up would be paying out 30% of what your whole DIS distributes.

I think DIS is a great company right now and I do own it, but for just starting out a dividend paying portfolio I'd personally rather be collecting more cash monthly / quarterly / yearly.
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Messages In This Thread
Converting CAD to US - by Russellhantz - 03-12-2015, 08:01 PM
RE: Converting CAD to US - by earthtodan - 03-13-2015, 01:48 AM
RE: Converting CAD to US - by benjamen - 03-13-2015, 02:31 PM
RE: Converting CAD to US - by Russellhantz - 03-13-2015, 03:59 PM
RE: Converting CAD to US - by Roadmap2Retire - 03-13-2015, 04:23 PM
RE: Converting CAD to US - by Russellhantz - 03-13-2015, 05:05 PM
RE: Converting CAD to US - by Roadmap2Retire - 03-13-2015, 06:09 PM
RE: Converting CAD to US - by hendi_alex - 03-13-2015, 07:34 PM
RE: Converting CAD to US - by crimsonghost747 - 03-14-2015, 01:21 PM
RE: Converting CAD to US - by Russellhantz - 03-14-2015, 03:49 PM
RE: Converting CAD to US - by rapidacid - 03-14-2015, 06:40 PM
RE: Converting CAD to US - by Russellhantz - 03-14-2015, 08:24 PM
RE: Converting CAD to US - by rapidacid - 03-15-2015, 09:06 AM
RE: Converting CAD to US - by daat99 - 03-15-2015, 09:21 AM



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