Previously on the Dividend Girl blog (which is my blog blog by the way), we comment on the way to add gambling to a regular and boring stock portfolio. Before getting on any gambling game, the first question you need to ask yourself is: can you afford losing any money at all? I know the regular stock blablabla of Derek Foster ok, something like you are not in to lose money or something like it. A blablabla sentence of Warren Buffett.
Personally, I probably trade on the stock market for the next 50 years and possibly even more. This means that I have the rest of my life to recover from my taste to danger and gambling while I gamble. The trick is to gamble moderately.
I post a couple of times about my troublemakers stock. I name “troublemaker stocks” the stock I am losing money on. Investing in stocks is the land of delicious temptations. It makes me laugh hard when I read articles like the one of Rob Carrick, “Keep it simple with ETFs”. The stock market is a word of opportunities, it is not simple and it wasn’t made to “keep it simple”.
At first, losing a couple of thousands on a stock is certainly heartbreaking, but it’s not something that will kill you. Investing in stock is dangerous. Investing in stock is evil. Once you enter in the world of stock, you enter in the world of capitalist salvation. And it doesn’t matter if you’re in the middle class status. I like to invest, buy and sell stocks because while doing so, there’s no direct interaction with others. On the stock market, you have no one to deal with but yourself. You’re alone. You don’t have to deal with dumb heads picking on you all the time for a yes or a no. On the stock market, you are the master mind. It’s a game between you, your money and the market. How well you’ll be doing will only depend on how smart you are. The battle field is widely open and any battle can take place.
Now, personally speaking, for a reason or another, I like to expose my personal finances on the Web. I made and loss great of money while trading on the stock market. Why I continue this game on and on? Well, I cannot stop it. I have no control over it. If I stop, I will be sad.
The stock market has intoxicated my life since 2008 now. I had been investing since 2005. I began with GICS and later on invest in mutual funds. The period of 2005-2007 has been an extremely boring one. I never gave up. I wasn’t able to get what I wanted. It took me Derek Foster and the Lazy Investor to get started. It took me a very long time. I invested in stocks when I was a splendid 27 beautiful bitch. I am lucky because nothing have change of me between the me of my 27 years old and the me at 32 years old. Still wrinkles free, I always think that my stock adventure began at 27 for a reason. The only reason I find is that I didn’t have too money to invest before 27l. I don’t have that much today, but I have a bit more than what I used to have. And it really just what matter. At least, I haven’t been stupid enough to invest in real estate. I don’t own a place. All of my cash is place on the market. We’ll how good or how bad it will turn in a couple of years.
If you decided to take an adventurous road while investing, just prepare to lose money. I am able to understand about those things now because I have experiment it. I now become more able to distinct a good stock that will bring stability value and also a stable dividend income.
Here are they, the marvelous stocks that make my everyday gamble game possible:
Pembina Pipeline Corp (PPL)
+$6 467.29, +91.19%
Enbridge Income Fund Holdings Inc (ENF)
+$2 440.65, +40.64%
Methanex Corp (MX)
+$2 070.90, +127.30%
Exchange Income Corp (EIF)
+$1 913.43, +27.26%
Davis + Henderson Corp (DH)
+$1 598.27, +53.19%
WesternOne Inc (WEQ)
+$1 339.01, +71.53%
Corby Distilleries Ltd (CDL.A)
+$1 219.71, +121.30%
K-Bro Linen Inc (KBL)
+$1 051.01, +51.65%
Fortis Inc (FTS)
Canadian National Railway Co (CNR)
Bank of Nova Scotia (BNS)
Agrium Inc. (AGU)
Westshore Terminals Investment Corp (WTE)
iShares S&P/TSX Capped REIT Index Fund (XRE)
Premium Brands Holdings Corp (PBH)
Canadian Utilities Ltd (CU)
Enbridge Inc. (ENB)
TransCana Corp (TRP)
TMX Group Ltd (X)
Chorus Aviation Inc. (CHR.B)
Rogers Sugar Inc. (RSI)
Firm Capital Mortgage Investment Corp (FC)
Student Transportation Inc. (STB)
Black Diamond Group Ltd (BDI)
Bombardier Inc. (BBD.B)
Cineplex Inc. (CGX)
TOTAL: +$24 244.55
Pretty nice isn’t? Well, don’t talk toooo fast, wait until you check out the list of my troublemaker stocks. It’s ugly, I am warning you:
Sprott Inc. (SII)
-$6 196.53, -62.17%
Just Energy Group Inc (JE)
-$4 789.01, -43.37%
Timminco Ltd (TIMNF)
-$4 064.86, -100%
Data Group Inc. (DGI)
-$2 934.74, -69.91%
Encana Corp (ECA)
-$2 217.41, -36.31%
Kinross Gold Corp (K)
-$1 327.63, -52.96%
Atlantic Power Corp (ATP)
Blue Note Mining Inc. (BNT)
Hanwei Energy Services Corp (HE)
Canfor Pulp Products Inc. (CFX)
Pengrowth Energy Corp (PGF)
Colabor Group Inc. (GCL)
- $396.77, -33.74%
Horizons Gold Yield ETF Common (HGY)
New Flyer Industries Inc. (NFI)
Crescent Point Energy Corp (CPG)
Veresen Inc (VSN)
First Majestic Silver Corp (FR)
Heroux-Devtek Inc. (HRX)
JFT Strategies Fund (JFS.UN)
Emera Inc. (EMA)
GEOVENCAP Inc. (GOV)
TOTAL: - $25 441.27
- 25 441.27 + + 24 244.55 = - $1 196.72
I think this illustrate how important it is to have massive asset in good quality holding if you want to fully enjoy the stock market to the max and enjoy a bit of gambling. Gambling might had taken too much place inside my trading life, but I am slowly recovering. I invested in great quality stocks recently, like Cineplex Inc. (CGX), Black Diamond Group Ltd (BDI) and even more recently, RioCan Real Estate Investment Trust (REI.UN).
The most interesting part is that some investments I made were for gambling purposes at first, but they turn out very well! I am thinking of Bombardier Inc. (BBD.B) and Chorus Aviation Inc. (CHR.B).
There’re a few investments on the negative side that I don’t worry about: Horizons Gold Yield ETF Common (HGY), New Flyer Industries Inc. (NFI), Crescent Point Energy Corp (CPG), Veresen Inc (VSN), First Majestic Silver Corp (FR), Heroux-Devtek Inc. (HRX), JFT Strategies Fund (JFS.UN) and Emera Inc. (EMA).
As for the other stocks, like Sprott Inc. (SII), Date Group (DGI), only time will tell if I was right to hold them tight. Losers may not be losers forever.
This exercise only covers my non-registered portfolio. I hope you enjoy.