The Globe and Mail reports in its Monday, July 13, edition that investors can best cope with
market turmoil by ignoring daily
twists and turns, and holding on
to high-quality dividend-paying
stocks, says Leon, Frazer & Associates president
Dona Eull-Schultz. The Globe's Jeffrey Jones writes that Ms. Eull-Shultz says despite the Greek economic
crisis and other troubles in the world, increasing payouts among established
operators of necessary infrastructure
and services remain
relatively predictable.
They include utilities, pipelines,
railways and Canada's
banks. Ms. Eull-Schultz
likes to remind nervous investors about the
energy, phone and other services
they use each day regardless
of market gyrations, as well as
the overall goal of funding retirement.
At the heart of the firm's philosophy
is increasing clients' income
to stay above inflation
through investments in companies
with staying power.
One of
Leon, Frazer's longest-held
positions is in Enbridge. The
firm bought into the initial public
offering of the predecessor,
Interprovincial Pipe Line, in
1953.
"We make very long commitments
to our holdings, and
[Enbridge is] a great example," says Ms. Eull-Schultz.
© 2024 Canjex Publishing Ltd. All rights reserved.