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Tuesday, August 18, 2015

New Flyer Industries Inc. (NFI): picture of a stock on a sky rocket despite morosity

Like usual, today was another bad day for the TSX, no surprise. My non-registered portfolio closed today session at $125 895.84. Luckily, I still have a $14 000 left on my margin. Generally speaking, the market is going down, but there's still a few stocks in my portfolio that just keep going strong. One of those stocks is New Flyer Industries Inc. (NFI).

Just a few days ago, the California Energy Commission announced a grant of $2.1 million to NFI. In exchange, New Flyer Industries Inc. (NFI) has to deliver an electric transit bus system. Even before that announcement, NFI was on a good position. It used to stay steady and strong. But now, its only getting better. I had been holing New Flyer in my non-registered portfolio for a very long time now. I haven't been able to find out since when, but you have heard of New Flyer Industries Inc. (NFI) in several occasions on this blog.

I had bought stocks during down market at several occasions and it pay off very well. But currently, the TSX, the global economy has no directions. It goes up, after what it goes down, up-down, up-down... down.. and down again. Who want to possibly invest in those conditions? When I invest, its to feel like a shining star. I like it when a stock recently bought bring in quickly good capital gains. But it seem like now, that belong to the past. investing is no longer about being a shining start anyone. Its more resilient. And its about long time goal.

Currently, every flashers seem to point out in direction of a good hard stock market crash. But the when is not being tell no where. Now is not the best or worst time to invest in stocks, its just very difficult to face the market reality. Despite it all, they're great stocks like NFI that are are to provide both capital gain and great dividend distribution. One of those stocks is Exchange Income Corporation (EIF).

Lately, Exchange Income Corporation (EIF) increased its dividend to $0.16 per month. This bring my dividend income to $6 218.84. Not too bad.

From my personal experience, the best way to play the market is with a very very diversify portfolio, with a lot of money, and a lot of diversification. You never know for sure which stock will turn good as gold, you can only play and be a sexy and courageous wild cat. Be strong.

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