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ETFs (Exchange Traded Funds) started out as one of the most benign investment innovations that ever hit the market. Soon after, the investment industry began adding new wrinkles. Today, we have one key rule you need to follow if you want to keep them benign:

That rule is, “Stick with the simple ones.”

Generally speaking, that means stay out of index funds and ETFs that come with easy-to-understand added features that supposedly improve your results by limiting your losses and/or expanding your profits.

The trouble is that you can’t have it both ways....
EXTENDICARE INC., $8.66, is a buy. The company (symbol EXE on Toronto), owns and operates long-term care homes. Investors also tap the company’s ParaMed Home Health Care branches. ParaMed provides nursing care and other forms of assistance to clients who remain in their own homes.

The company’s revenue rose 13.3% in the quarter ended June 30, 2024, to $348.5 million from $307.5 million a year earlier....
CROCS INC., $146.17, symbol CROX on Nasdaq, makes casual footwear for men, women, and children. It is best known for its molded “Crocs” shoes featuring Croslite, a non-toxic foam material that aims to give its footwear a soft, comfortable feel.

In February 2022, the company completed the $2.5 billion acquisition of Hey Dude, a privately owned casual footwear brand based in Italy....
NVIDIA CORP., $119.37, Nasdaq symbol NVDA, remains a buy, but only for highly aggressive investors.

The company is a leading designer of 3D-capable video chips; they make video games run more smoothly and appear more lifelike. Nvidia has also adapted its chips for other applications, including artificial intelligence (AI), datacentres and self-driving cars.

Nvidia’s latest quarterly results topped expectations....
TORONTO-DOMINION BANK, $80.75, Toronto symbol TD, is still a buy.

With the January 2024 payment, TD raised your quarterly dividend by 6.3%. Investors now receive $1.02 a share instead of $0.96. The new annual rate of $4.08 yields a solid 5.1%.

In its fiscal 2024 third quarter, ended July 31, 2024, TD set aside $3.57 billion (or $2.6 billion U.S.) for fines it expects to pay due to lapses in its anti-money laundering processes at its U.S....
ROYAL BANK OF CANADA, $162.98, Toronto symbol RY, is a buy.

On March 28, 2024, Royal completed its purchase of the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC) for $15.5 billion.

HSBC operates 130 branches that mainly cater to businesses in industries that trade and bank internationally....

You Can See Our WSSF Income-Seeking Portfolio For September 2024 Here.


This month, we are updating our WSSF Portfolio for Income-Seeking Investors.


This portfolio is a good starting point for investors who need income....
ALLIANT ENERGY CORP. $58 (www.alliantenergy.com) is a buy. The company sells power and natural gas to 1.425 million clients in Wisconsin and Iowa. In the second quarter of 2024, Alliant’s revenue fell 2.0%, to $894 million from $912 million a year earlier....
Pfizer used the huge profits from its COVID-19 products to buy makers of other promising drugs, particularly cancer treatments. These new drugs should drive the company’s long-term growth, and let it keep raising your dividend.


PFIZER INC. $29 is your #1 Income Buy for 2024. The company (New York symbol PFE; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 5.7 billion; Market cap: $165.3 billion; Price-to-sales ratio: 3.0; Dividend yield: 5.8%; TSINetwork Rating: Above Average; www.pfizer.com) began operating in 1849 and is now one of the world’s largest makers of prescription drugs....
WARNER BROS. DISCOVERY INC. $7.97 is still a hold. The company (Nasdaq symbol WBD; Aggressive Growth Portfolio; Consumer sector; Shares outstanding: 2.4 billion; Market cap: $19.1 billion; Price-to-sales ratio: 0.5; No dividend paid; TSINetwork Rating: Average; www.wbd.com) took its current form in April 2022 when AT&T merged its WarnerMedia business with Discovery Inc....