They were sold six months later for a nice capital gain. Click here to subscribe. Story continues below advertisement. None of the Index Data is intended to constitute investment advice or a recommendation to make or refrain from making any kind of investment decision and may not be relied on as such. Published January 20, Updated April 13,
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In recent years, he has been buying more income securities — such as corporate bonds and the preferred shares of financial, utility and pipeline companies.
To maximize after-tax returns, he holds the bonds in his registered retirement savings plan or tax-free savings account. Dividends and capital gains are earned outside tax-sheltered accounts.
Just before the oil sector was blindsided by falling prices, he bought Enbridge Inc. At one point, the shares lost more than a third of their value.
He recommends investing in the broad market or a sector when all the news is gloomy. Want to be in Me and My Money?
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Comments that violate our community guidelines will be removed. Commenters who repeatedly violate community guidelines may be suspended, causing them to temporarily lose their ability to engage with comments. Read our community guidelines here. Article text size A. Open this photo in gallery: Special to The Globe and Mail. Published January 20, Updated April 13, Jerome Gessaroli Occupation Finance professor Story continues below advertisement. Story continues below advertisement.
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