Ok, I have already broken my promise. I lost a week and thankfully, got called on it.
No excuses, but I have been obsessed with watching the Australian Open (Tennis). I love it, but I especially love my pvr! We didn't have one last year and I missed half of the games because of the time. Problem is that I end up far behind in watching and have to try not to read or hear any sports news as they ended up ruining it for me by telling the winners before I watch them. Nothing worse.
We've been busy with kids being in swimming twice a week, January Christmas parties and school functions.
I've been trying to spread the word out to open up a TFSA - to anyone willing to listen to me. Great listeners - but no sure if any action has taken place. Keeping my fingers crossed for them.
Let's not forget about your RRSP's too. With tax session in the air there have been tons of articles about TFSAs and RRSPs in the papers lately. It can get pretty confusing. But the jest of it was that if you are in a lower tax bracket your best focus would be on the TSFA. Since your RRSP would not bring you a good enough tax break. Not that you shouldn't contribute to those especially if your company contributes also, but hold off using it till your making a higher salary.
Trying to do some research on some new stocks for the new year and I have been watching General Electric (NYSE:GE) with the Canadian dollar being above par it seemed to be a good time to buy before it hits the $20 mark.
Of course my favourite (I know better than to get emotionally involved with stocks, but...) LuLu Lemon (TSE:LLL) is sitting in the high 66's (which I missed) would be a great buy. The 52 week high being $75.60 I know (this is just me btw) will go higher when the next quarter comes out. That store is always busy and of course getting a plug from Oprah doesn't hurt either.
It's a bit overwhelming and I do get lost sometimes and the amount of stocks I am interested in. Trying to just keep it to ones I'm familiar and comfortable with and of course stocks with a great paying dividend.
I will sleep soundly tonight (kids are old enough now, thank goodness) with my choices. Hope you do the same.
To next week....
hey, i really enjoyed the part when you talk about Dave
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