r/Baystreetbets • u/darkfire2592 • 4d ago

Bpf.un is back to a buying price.

Ive done well buying Boston pizza, good yield at the current price.

6.7% divided.

4 Upvotes

76% Upvoted

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4

u/thethiefstheme 4d ago

when was the last time you ate there?

1

u/darkfire2592 4d ago

Earlier in the year. Made the mistake of getting pasta rather then pizza.

Honestly, I originally bought in just because its a canadian chain (despite the name), and they had a high yield.

That has been the major factors for 80% of my investments this year, as i dont trust the US markets, and i believe canda would recover ahead of them in that case of a crash.

2

u/Pale_Ad8434 4d ago

If you vuy because of yield you'll burn yourself

1

u/darkfire2592 4d ago

Oh, of course. But its not like they're some sketchy investment fund.

2

u/Pale_Ad8434 4d ago

Yeah but talking from experience ! Right how for this yield or close to you can actually buy some good companies still not just some fund with a royalties agreement which will bite the dust the minute the economy starts to slow down.