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Tuesday, June 28, 2016

Saying hello and goodbye to a bunch of stocks in my portfolio lately

I have real problem to understand the UK right now, but one thing for sure, with rumors of a second referendum, the Brexit is not behind us yet. Whenever the news talk about the Euro or something bad news related, the markets go down. And I feel that the markets react too strongly to everything related to the Euro. To which extend our economy really depend directly on the Euro? Is that really that of an important matter? Humanly speaking, its of great deal of course, but when its strictly about business, in my regard, I don't think we depend that much of the Euro. I may be all wrong, but its not for me of an extreme important capitalist matter. I wish the market could be a little bit more like me, cold down and relax a bit more.

Lately, as explain in the previous post, I sold and bought a couple of stocks.

In my non-registered portfolio, I sold off:
First Majestic Silver Corp (FR)
Colabor Group Inc. (GCL)
Hanwei Energy Services (HE)
Horizons Gold Yield Fund (HGY)
Lumenpulse Inc. (LMP)
The sell of those investments in my non-registered portfolio generated a capital loss of $2 557.71 that I will be able to declare next year. I had enough of holding those stocks in my portfolio. Later on this summer, I will be turning 36 and for my birthday, I want a few things, including a real pretty shiny investment portfolio AND an annual dividend income of $7 000. I am now very close to that last goal.
In an effort to increase my dividend gain, I had bought those two inside my non-registered portfolio:
Royal Bank of Canada (RY)
Morneau Shepell Inc. (MSI)
I wasn't much excited about investing in RY, especially knowing my personal historic with Royal Bank. You can read my story right here. It is strictly a business move. Royal Bank of Canada (RY) will never be a great love of mine.

On the other hand, Morneau Shepell Inc. (MSI) is much more interesting. MSI is in the human resources sector. William Morneau, our Minister of Finance used to be an executive chair of Morneau Shepell Inc. (MSI). MSI chart is sky rocket just like I love them. At 4.588%, MSI dividend distribution is fairly interesting for any income in needs investor like myself. Morneau Shepell Inc. (MSI) can certainly add income value to any dividend oriented portfolio.

In my search, I try to invest in related company. I try to stay away from companies who are just too generous with their investors. Let me say, I learn the hard way. Today, my non-registered portfolio closed at $134 784.19. I have left $21 708.06 in unused margin money, and the portfolio is at a gain of 38.96%. Generally speaking, the numbers are not bad. My margin is secured, and I am in business.
In my TFSA portfolio, I sold off:
Precious Metals and Mining Trust (MMP.UN)
Sprott Physical Silver Trust UTS (PHS.U)
National Bank of Canada (NA)
And I bought:
Boyd Group Income Fund (BYD.UN)
Keg Royalties Income Fund (KEG.UN)

KEG.UN is an old lover of mine, in the past, I used to have Keg Royalties Income Fund in my portfolio. I learn about this stock after watching The Desperate Housewives of Vancouver. One of the cast, Christina Kiesel, had been married to David Aisenstat, spectacular seductive man even if he had lost his hair. Maybe Christina is responsible for that, who knows. Anyway David, I am yours anytime you want.

KEG.UN chart is sky rocking high baby. And its dividend distribution, at 5.97%, is generous. So way to go Keg Royalties Income Fund (KEG.UN), welcome HOME, right here were you belong. Good stocks meet great investor goddess. For real.

As for Boyd Group Income Fund (BYD.UN), I read a good article about this company in the Globe and Mail. I invest a couple of thousands in this one in the hope that this stock will help me recover from my loses. BYD.UN pay unfortunately very little in dividend. So its not the best to reach my $7k income goal, but I made this move to diversify my portfolio and I am crossing my fingers so BYD.UN will grow big again in value in the future. I am very praying for that.

We are all in to win and make money, but time happen when an individual have to press the sell button and move forward. for me, I had reached that broken point. It hurt, but I am fine anyway.

Next please.
In my RRSP portfolio, I sold off:
JFT Strategies Fund (JFS.UN)
Stantec Inc. (STN)
Sprott Physical Silver Trust UTS (PHS.U)

I adore Jean-François Tardif, I love him very much. Since his dismissal from Sprott, I knew he was coming back. A man that taste money and glory cannot just move on under earth like that. and I was just so right about everything. And that, he started his JFT Strategies Fund (JFS.UN). JFS.UN sometimes pay an annual dividend and it sometime generated capital gain. I sold once JFS.UN and generated $500. My goal was to sell from time to time and make a $500 in my pocket. However, since inspection, I was able to generated a $500 ONE single time. This is all far from what I was expecting from Jean-François Tardif. I guess I just want too much but I am in great needs. JFS.UN had a management fee link to it, it doesn't pay steady dividend. And its capital gain movement is so-so... In result, I sell of JFS.UN.

I own a great deal to Jean-François Tardif. I had invested in Premium Brands Holdings Corporation (PBH) following his recommendation. So smart bitch. Now PBH is the proud of my portfolio. Kicking some ass, seriously. I need to find a new gem like PBH. Maybe Boyd Group Income Fund (BYD.UN) will turn into something really good like that.

I bought Stantec a little while back, but it never gain in term in capital value and it upset me. So bye-bye Stantec Inc. (STN)! OUT.

The last but not the least. Sprott Physical Silver Trust UTS (PHS.U) is a bad souvenir of my silver investment. I decided to sell because I have enough of PHS.U. I decided to move on.

I now have a bit more than 5k in cash that I didn't invest yet in my RRSP.

This resume my portfolio situation.

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