Monday, July 30, 2007

Power Financial Corporation (PWF)

I bought 100 shares at $40.00 on July 27, 2007. It is a big, diversified financial holding company. It has operations in Canada, US and European. It has holdings as life insurance company, mutual fund company. I like this fact that it will have some cushion against higher interest rate. It currently pays $0.29 dividend every quarter.

This is also a long term investment.

Sep 01, 2009:

I actually sold PWF.TO at very early stage with small profit to raise money for other purpose. It turned out a right choice from today's view.

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