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Tuesday, December 30, 2014

Next investment for my TFSA: Royal Bank of Canada (RY)

I came back to Montreal on Sunday night after a few days in New Brunswick. The vacation was nice. I felt bad going back to Montreal, I was like real stress out and I wasn't feeling well for no obvious reasons, if not that I didn't want to go back to work. I didn't want to go back to Montreal. I arrived at 2 am and I was working the next morning so you can imagine the sexy mess. I am doing better now.

2014 had been a rough real. Canadian stock market was a shitty very bad girl. My portfolio is doing better now. My non-registered portfolio closed today at $138 637.62, with a margin value left of more than 15k Wouuuuuhou. 

I rank up to $1 600.25 on my credit card, but I already have the cash needed to pay it off. I even have money left to also pay my rent. And after that, without even considering the next paycheck, I still have left $803. I bought a bottle of sherry AND brandy for the New Year Eve. Its doing to be quiet a bit like last year and its better this way for my budget after my episode of over-spending during Christmas season.

With this upcoming paycheck, I am going to have close to 2k available to invest and I was thinking about Royal Bank of Canada (RY). Later on, I would like to invest maybe in Alimentation Couche-Tard Inc. (ATD.B).

4 comments:

Anonymous said...

HI DG,

Buy stuff that's cheap. If you want to buy the BIG FIVE, by BNS. It's nowhere near it's 52week high.

MArk

Sunny said...

BNS is nowhere near its 52 high and its not for nothing.

Its better to stick to stuff that are on the high.

Art Coleman said...

I agree. Stick with the gainers.

Anonymous said...

I agree with Mark. BNS is down about $9.00 from its 52 week high, whereas Royal is near its 52 week high. As Buffett says, "We tend to by greedy when others are fearful, and fearful when others are greedy." . BNS is a solid company that will raise its dividend just like RY.

I know you own shares already in BNS.

 

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