As mentioned in my most recent post I was looking forward to the year end dividend for my Canadian Bond Fund. Given that the earlier dividends arrived on the final days of June and September I naturally expected the year end distribution to arrive tomorrow, on December 30.
I was checking my account today and surprise, surprise, the year end distribution was paid on December 23. The value of my Canadian Bond Fund units is now up 6.02% since making the switch on June 22. The actual unit value is up 4.23%...the rest is the result of the quarterly dividends. Sweet! In the mean time, the TSX has dropped from 13,060 to today's 11,841...of 9.33%. What a difference!
Yes, The Day That Fear Trumped Greed was an excellent day for TPCI. In the new year I'll be looking back at 2011 and providing some stats about finance guy's continual advice about the ever increasing value of the long term markets.
I was checking my account today and surprise, surprise, the year end distribution was paid on December 23. The value of my Canadian Bond Fund units is now up 6.02% since making the switch on June 22. The actual unit value is up 4.23%...the rest is the result of the quarterly dividends. Sweet! In the mean time, the TSX has dropped from 13,060 to today's 11,841...of 9.33%. What a difference!
Yes, The Day That Fear Trumped Greed was an excellent day for TPCI. In the new year I'll be looking back at 2011 and providing some stats about finance guy's continual advice about the ever increasing value of the long term markets.
Until then, happy investing and Happy New Year to all!
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