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Wednesday, February 5, 2014

Saying goodbye to Heroux-Devtek Inc. (HRX)

I am late on the post, but I didn't take time yesterday to make it publicly announced... yesterday, I have sell all of my Heroux-Devtek Inc. (HRX) shares for $11.70. I cash in $633.51 after commission. Its a good move for me because I need to lower by debt and also at this point, Heroux-Devtek Inc. (HRX) doesn't pay any dividend. I had collected dividend from HRX in the past, but it was only one time, 2 years ago at the time a special dividend of 5$ per share was distributes. Two years is a long run to be able to sell back a stock on a profit, but this was only a tiny small investment and I had all the time of the word. I can be very patient when needed.

My non-registered portfolio closed today session at $130 659.67. The markets are quite difficult these days and hyper sensible to the situation for the emergent market. I don't have too much left on my margin (just something like 3k), so I decided to put my upcoming paycheck on my margin instead of my student loan or anything else. Following what, I will only own $73 558 in debt - including margin, student loan and my current credit card balance at 0%. 

I am watching the French Quebec TV show L'Épicerie, thanks to my antenna, and there's a guy that live on a $60 grocery bill for one month..... Oh lala... The goal was to eat for $2 a day, he was able to make it, lost 12 pounds among the way, but wasn't much interest in repeating the experience because it requested a lot of shopping time. No, its not something I am interested in.

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