MoneyBull

Hi everyone!

I recently sold 3/4 of my Telus stocks, leaving me with 11. The reason why is that I believe it reached a high point ($54).

It has been testing that level for quite a while now and the reason I didn’t sell all of them is because there is a chance it might also get higher, and I want to keep them on a more long-term basis.

Ben

First of all, Happy New Year to everyone! Sorry I’m a bit late, I have been busy with my full-time work.

With the New Year, comes new investment opportunities. The market is always changing and 2011 will not be an exception. Here is my opinion on investments for the New Year.

Emerging International Markets: Let’s be frank, the U.S. Market is suffering and most likely going to be only sustainable for a few years, and the Canadian Market is following shortly. Right now is the perfect opportunity to invest in International Stock Markets. Jim O’Neill, from the Goldman Group, has already started to look into these emerging markets. To name a few, Indonesia, Mexico, Turkey and Korea are all “growth… Read More…

1. A good savings account that can provide more than ING Direct (Canada), which is at UPDATED March/02/10: 3% for their TFSA. Here are the requirements:

- Is Canadian or available to Canadians
- Offers direct fund transfer with a hold time of no more than a week
- Is regulated by either the CDIC or other agencies.

Remember, I am NOT looking for GICs or long-term investments, just a good Savings account. I will reward you by either signing up with your referral link if there is one, if not, I will provide $10 as a finder’s fee. Please include your email in your reply (it will not be published, it’s for me to contact you).

2.… Read More…

I recently aquired 5 TELUS (T.TO) shares.

My reasoning behind it:

- Its sub-company, Koodo Mobile, will be soon moving to a HSPA network in April/May. (Good change of profit) Link

- Telus has reported a 18% decrease in subscribers in Q4. (Good entry point)

- Telus has moved to the HSPA+ network and released the IPhone, which will create a bigger customer base for the next quarters since data phones keep growing in popularity (Good change of profit).

The official settlement date was September 7. It has been reported to November 7 due to people that have not logged in yet to get their settlement. Personally, I couldn’t care less about those people. They had more than enough time (more than three months) to do so and we shouldn’t wait for them. It’s their problem. But I guess we will have to wait two more months now.

How much should you expect from that settlement? Not a lot. For FXIG and ITS, you should expect a maximum of 10% of your capital (deposits minus withdrawals). For the other programs, you should get about 2% of your capital.

So, I expect about $60 for my more than $1000 investment… Read More…

PPREI has been down for a few weeks, but is now back online, with a few changes.

They dropped FriendlyPay, and are now accepting Paypal, E-Bullion, and Bank Wire. Don’t worry, they contacted Paypal to make sure they can accept invsestments through them and everything is fine.

Now that the Escrow fund is gone, I think the safest way would be to invest with Paypal, but it should still be considered risky.

For those who have invested through FriendlyPay, don’t worry, your funds are still invested and safe.

The worst that could happen, according to PPREI, if everything fails, is that the members will get refunds.

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