Fire and forget value growth stock without a dividend.

I ‘ve followed your emails on and off. The only other newsletter I’ve subscribed too was the Dines letter for 20 years in the 90’s and 00’s. I like your approach and you hit the nail on the head with your explanation of Enbridge’s valuation, which is unusual, and a lot of your favorites were mine as well. Plus we have the same hair-doo. So today I’ll join your premium service.

Question: I had years ago opened a stock account for my now 12 year old son under his SIN, and I also have a TD “Child Trust Account” (their version) for him under my own SIN. For both I am responsible for reporting his income / dividends in my name but he is responsible for the capital gains portion. (Verified through CRA) I only have 2 stocks involved. LSPD at $30 and ENB at around $48 average that for whatever reason is still receiving ENB shares through the discontinued DRIP program. The dividend reporting is a super pain to deal with and the tax bill is real. (Can’t use money from his account to pay his own dividends.) I have 2 younger kids going down this route and contribute annually to all their funds. I need another LSPD, or a BYD, TFFI, BIP.UN, COST, CN or something that is a solid company that is not a short term cyclic stock and has no dividend. A fire and forget that doesn’t leave an income trail. Not a managed to death, diluted potential, fund that probably ends up in the “deemed sale” bracket later anyway either. I don’t want to have to sell for 10 years. Over half of my current portfolio is shares I haven’t traded in over 20 years, but those dividends.