How NBA led in the sports world shutdown NHL delays possible restart date
Cineplex closing theatres across Canada Goodlife Fitness close all clubs amid Corona
Virus outbreak Ontario declared a state of emergency on Tuesday,
closing all bars and restaurants So due to Coronavirus my youtube channel will
delay the restart date after 2021….
Oh wait, the camera is on??
Just Kidding!
So, seriously, What’s actually fun that is still open??
LCBO and Beer Store to remain open!
That’s helpful!
We need alcohol to sanitize our mind and system
If You want to invest but don't know how to buy in a crash,
Or you are wondering what’s the difference between Canadian and US stocks
Or do you want to learn more about Canadian stocks and start investing?
The video I am sharing today is for you!
Hello everyone, It’s CODY here.
In this video, I will tell you step by step how to invest in recession proof Canadian
stocks Thanks to my friend Kevin who inspired me
to share this video during this huge market sell-off
I will also share my top 3 Canadian stocks pick in 2020 at the end of the video
So If you want to know, remember to stay until the end.
If this video is helpful, don’t forget to destroy the like button!
If this is your first time on my channel, my channel is mainly to share about stocks
investing, personal finance, and real estate investing.
If you are interested, please remember to subscribe to this channel, and click the notification
bell next to it!
So you will never miss any video! let’s get right at it!
I will sum up What’s happening in the market in 60 seconds….. beginning…..now!
Stock Investments had a very wild ride recently.
We experienced record gains and record lost.
And we even experienced market halts more than once in a week.
We had the longest running bull market in history but things could happen very fast...Within
a month, we are inching closer and closer to a bear market and potentially a recession.
And how more than 95% of subscribers don’t smash the like button for the youtube algorithm.
Up until this point I can almost 100% guess the market sentiment just by looking at these
dudes’ faces on CNBC headlines.
This, This , This and This.
It’s not to say that I have the crystal ball, but it’s PRETTY obvious from their
facial expressions.
Hey i am not complaining as all these facial expressions have continued to inspire my youtube
thumbnail faces!
Now that we have seen enough of those emotional headlines, we will talk about The difference
between Canadian and US stock market: The Canadian stock market, as denoted by the
Toronto Stock Exchange (TSX),is approximately 1/10 the size of the US stock market,
Because market capitalization in the TSX drops off sharply, The Canadian stock market is
far less diversified than the US stock market, and is highly dependent on just 3 sectors:
Financials; Energy; and Materials.
Oh I almost forgot about Industrial..
So it’s 4 sectors.
Therefore, an investor who purchases only Canadian securities may have insufficient
diversification??
Or Do We ?? I will share this in the future video!
My top 3 Canadian stocks in 2020 Here comes the most anticipated section of
my videos.
What’s my top 3 Canadian Stocks in 2020?
They all have provide essential needs for us even in the market like today and I prefer
to own stocks with strong dividend payout records.
What is dividend?
It’s just like the cash flow you received from your rental property or the interest
you generated from your saving account.
Can it change?
Yes, it can change anytime, that's why we look for companies with a strong dividend
history who weathered through the toughest financial timing like 2008.
Therefore, it’s more likely for them to sustain and keep increasing the dividend payment
during a time we are in right now!
If you want to learn more about why cash flow is so important in a time like this listen
to this video.
I have included the link above.
1.
Toronto Dominion Bank: Here is the first stock i am looking at:TD
I will give you 5 reasons and a real-life story:
First: TD is my primary bank so there you go… just kidding!
Second: Let’s start with the Canadian operations.
TD’s mortgage business continues to gain market share.
Its wealth management division is excellent, and well positioned to gain more assets under
management.
Third: It even has a solid insurance division.
While many of its peers reported a dip in earnings from their Canadian operations, TD
was able to post a small gain in 2019.
I recently saw a couple old car garages converted into a TD branded Auto Centre.
TD is vertically integrating their business to increase profit margin.
Next is the company’s U.S. operations, which includes retail banking along the East coast
and a substantial investment in TD Ameritrade.
Last but not least, Thanks to the weakness in TD’s share price, the dividend has just
crept up to a 7.3% yield as of this morning.
This is a rare occurrence; TD currently has a “nine year streak”
of increasing their dividend.
Yes, there goes my cheat sheet…
Also, a friend of mine was able to retire from his job by investing in TD stocks back
in the 2008 crash… at the price of $20….with historical high dividend…..And he is still
regretting until today that he didn’t sell his house to buy more….
2.
Telus: I will give you four reasons.
First : Canada has three major wireless cell phone carriers.All three carriers—Bell,
Rogers, and Telus—provide services to more than 97% of Canadians, So the market is dominated
by these 3 mega companies.
All three companies are well-positioned for the new “5G Technology” for deployment.
But Telus leads the pack with the fastest, largest and most reliable network so far.
Second: People claimed Telus’s customer service is better than Rogers or Bell….
I still remember those days where I had to call in to Bell or Rogers to get my billing
errors changed or when I called in to ask them to match my price with their competitors….
Yes I like to do that because it’s fun to negotiate but at the same time when Rogers
and Bell kept transferring me from the customer service department, to billing departments,
to customer retention department and to their manager….
I feel like i was really wasting my time….
And at some point I really feel like just cancelling my service…however, I am still
using Bell as home internet and Rogers as my mobile service so I really never dealt
with Telus’s customer service so i am not sure if it’s better.
If anyone has similar experience and has a better solution please… please leave a comment
below to benefit all the viewers!
Sorry i went on a bit of tangent just now…
If we look at them from the quantitative stand point.
They all have similar forward PE ratio If Telus hasn’t just split their stock 2:1.
Usually when a company split its share.
The primary motive is to “make shares seem more affordable” to small investors even
though the underlying value of the company has not changed.
4.
Four: Remember I mentioned the concept of . Dividend early on in this video?
Telus has been increasing their dividend for “15 years”.
This is sustained through the 2008 financial crisis.
Right now the dividend is around 5.4%
3.
Enbridge: Now we come to my third favorite stocks.
Oh by the way these 3 stocks are not not ranked in specific order.
And now I will give you three reasons why i like Enbridge
First: Enbridge’s dividend yield was attractive even before coronavirus fears.
Now, with the stock plummeting, the yield has risen to about 9.2% from 5.7 per cent
in mid-February.
Also, it’s worth mentioning that Enbridge has continued to increase their dividend for
the past “24 years”!
Oops, did I just show you my cheat sheet again?
Yea.. that’s something for another time!
Second: diversified portfolio.
Although yield isn’t the only metric we look at, Enbridge is Canada’s largest natural
gas distributor and is mainly responsible for moving “23% of the total natural gas
and 28% of North America’s total crude oil production”.
let’s take a closer look at the pipeline operation.
Their operations cover Gas Pipelines & Processing, Gas Distribution, Green Power & Transmission,
Liquids Pipelines, and Energy Services.
The contracts secured by the company from the five segments are long term and therefore
cash flow will sustain the dividend payout.
Enbridge’s extensive network of distribution lines serving retail clients in Canada and
the U.S. gives them a competitive advantage.
No industry rival can compete or match Enbridge’s balanced and diversified portfolio.
Last but not least, for those who still pay your Enbridge bills every month and haven’t
found an alternative way to heat your home….wait for it…...”All Hail Enbridge”!
To sum it all up, I feel strongly about good growth dividend stocks like TD, Telus and
Enbridge especially during a downturn in the market.
Good quality stocks tend to fall less and rebound faster.
Also, it generates cash flow from regular dividend payment to help you fruitfully weather
the storms.
In the future, if you want to see the same type of video on
the U.S. stocks, let me know in the comment section below.
Hope you all are investing carefully in the time like this.
No one knows where the bottom is but if you believe in the stocks you own, you can always
buy more of the same stocks in batches as the price becomes more attractive.
It’s only the bottom when you run out of money.
Anyway, thanks for watching,
If you like videos like this, destroy the like button below, subscribe, and click the
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See you next time