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Postfinance can provide a tax statement (summarized positions and dividend earnings), like any bank. But it costs a lot. I asked the question at the time, I don't remember the price quoted, but it was clearly not worth the price. So I decided to process it myself, position by position. It takes a little time, but the job is made easier by the tax software provided by the cantonal administrations (VStax for example will automatically download the prices as of 31.12 and the dividends received from quite a few securities).
Dividends are not reinvested, they remain in the account of the corresponding currency.
Lombard credit consists of pledging some of these securities, in return for which the nice bank will lend you cash to buy other securities… This allows you to have a leverage effect because with less cash available you can buy more shares. All this is fine, as long as the value of the securities pledged does not fall… but when it does, hello damage => your cash balance will melt until it is necessary to add cash to cover your positions, otherwise the securities will be automatically sold by the bank. In short, it is highly speculative and I do not recommend it.Hello
thanks for this update. You are already on your tax return… you are brave. Haven't found the motivation to do it yet. It must be said that it is one of the less pleasant sides of dividends
Indeed, the recent decline due to the CHF seems to open up new nice opportunities in Switzerland and abroad, but I must say that I have not found anything really interesting, as the market is overvalued at the moment. Only the oil companies were interesting, but they have already gone up.
Regarding your titles, indeed there are some nice pillars and some nice very stable values. Always interesting to see that some values in USD can prove to be very stable in CHF. Few people are interested in this phenomenon that I have been trying to explain for a long time. Too bad for them…
Yes, TGT was one of the nice surprises of 2014… not easy to believe 12 months ago, given the quagmire they were in, and once again the resilience of growing dividends worked wonders.
Regarding your new criteria, it is always the eternal question, should you take your profits or try to take advantage of a greater increase in the stock. I understand your choice, especially with the current market level, but, because of the resilience of growing dividends, I prefer not to sell. Even if I had to lose 20% I could live with it. It is all a question of perspective. If I had sold some stocks after 20% of gain I would have lost many gains of several tens and even hundreds of %.Thanks Earnie for this avalanche of compliments.
I wish you the best for this period of discovery of increasing dividends and every success in your investments.Hello Aboumansa and welcome here.
I suggest you start here:
http://www.dividendes.ch/tutorial/
Happy reading.Hi Gregory
This is an indicator specific to dividendes.ch which aims to measure the quality of a security paying increasing dividends. All this is of course very theoretical, but to put it simply it means that if we do buy&hold, we have a chance of achieving a return on purchase cost of x%. It is indeed an annual return, not cumulative, measured in relation to the price paid for the acquisition of the security.
It is clear that to reach this amount of 35% it takes many years, even decades! But here we are talking about stocks that are capable of paying increasing dividends over such long periods and that is the whole point of this indicator.
Of course, in reality, few investors will actually achieve this hypothetical return because a lot can happen over such a long period, from the time of purchase. And here I am not only thinking of problems related to the company that is being purchased (payers of increasing dividends have defensive and resilient capacities) but also, and perhaps above all, to the investor himself.
So we must take this figure more as an element of comparison than as an absolute figure.here is the link to resubscribe: http://www.dividendes.ch/my-membership-options-page/
Pat Jac, you are absolutely right: the CHF is a structurally strong currency, unlike the dollar.
This is why you should choose stocks that benefit from a weak dollar when investing in US stocks.
When investing in Swiss securities, you should, on the other hand, choose securities that are little impacted by a strong CHF.
This is one of the foundations of my dividend strategies. I talk about it in particular here:
http://www.dividendes.ch/2011/12/actions-en-devises-etrangeres-et-risque-de-monnaie-12/
http://www.dividendes.ch/2011/12/actions-en-devises-etrangeres-et-risque-de-monnaie-24/
http://www.dividendes.ch/2012/01/actions-en-devises-etrangeres-et-risque-de-monnaie-34/
http://www.dividendes.ch/2012/01/actions-en-devises-etrangeres-et-risque-de-monnaie-44/
http://www.dividendes.ch/2013/07/se-proteger-contre-le-risque-de-change-en-investissant-de-maniere-globale/
I think this answers your two questions.Hi Gregory
Thank you for your compliments. It is clear that this news is a big surprise and I must say that I did not expect it. At least not so quickly.
Now, the surprise effect having passed, here is what I think:
– short-term effect on my portfolio: moderate decline due to exchange rate variation
– moderate decline because since the creation of my portfolio I have selected securities that are expressly little affected by exchange rates (see my various articles on currency risk). This means that if the dollar falls, the price of the counterpart security rises, and vice versa.
– for investors who have cash in CHF: very good opportunities to buy in foreign currencies (I had already taken advantage of a very high peak in the CHF in August 2011 to buy CVX at a good price, just before the floor rate was set).
In short, no need to panic. We knew it was going to happen… we just didn't expect it to happen this quickly.Good morning
bienvenue à toi et merci pour ton inscription
plein succès dans tes investissements et n’hésite pas à poster sur le forum si tu as des questionsTHANKS
I do not believe in the parity of the euro with the CHF
The SNB will not allow this
Yes, the dollar has helped my portfolio's performance a little, but let's not forget that I choose stocks that react rather inversely to variations in the greenback. In the long term, it is indeed a structurally weak currency.
So in the end, I don't care much about the dollar's fluctuations... except that it allows me to buy commodity companies cheaply... relatively speaking.So here we are at Christmas with the s&p finishing at 2'081.88
The closest result is given by vwalakte with 2,074.75
Congratulations!
I've just extended your membership for another year, since you're already a member (i.e. until September 29, 2016).
A very happy festive season to you all!
Yes, nothing to do with 2008-2012 indeed.
This is also the case for PG… even if it remains a very good company!Apparently, thanks to this buyout (in fact an exchange of shares), the capital will be reduced by 1.2%
moreover, Duracell's income represents "only" 3% of PG's overall figure
so I think the impact will be relatively smalla future dividend growth of more than 5% per year is expected for the next few years
with that of the expected EPS, that should make 8 to 12% in totalIn short, it remains a good value, with a volatility of only 15%
as you say the valuations are too high at the moment
but I'm also looking at XOM which interests me quite a bitHello Cedric
I don't know this strategy well but I just took a look out of curiosity.
Here is a link to understand what it is: http://learnbonds.com/all-weather-portfolio-ray-dalio/
The idea is therefore roughly to have assets which would cover the different risks depending on the economic cycles.
It reminds me curiously of Harry Browne's permanent portfolio: http://en.wikipedia.org/wiki/Fail-Safe_Investing
which proposes to invest 1/4 in each of the assets: gold, bonds, shares and cash.In short, I am not a big fan of gold and bonds and I only hold cash when the market is too high to buy cheap stocks (like now). Gold, bonds and cash do not create value unlike stocks.
So ultimately I am not too keen on this type of strategy because I start from the principle that increasing dividends are essentially a "4 seasons" strategy that performs well in all types of economic cycles.
Here is one of my articles from that time that talks about it
