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Saturday, June 25, 2016

Watch out! My investment portfolio is on the move: looking for positive changes

Of course, I was a bit concern on how the markets will react to the Brexit. Today's societies are very selfish and self-centered. Around the world, no socialist revolution can resist to that level of selfishness. The Euro zone by itself was a good idea. You could thing that countries located geographically so closed to each other would battle and build great politics for each others, but its truly not the case. I was shocked to learn that James Cameron was stepping down from his PM role. After all, the Brexit vote result was pretty much half and half, which mean that the UK is divided. There's no real one opinion in which people there believe in. A majority of 52% is not a real majority even if its being considered as is. Its a joke. 

A country doesn't vote when a PM decided when they enroll or not in a war conflict. Our country sell weapons to Saudi Arabia. Justin Trudeau decided it was the right thing to do. We never vote on that matter. Fact is, citizens never actively participate on multiple decisions that really matter. But in another hand, leaving decision to citizens is not what lead to the best result in the world. Like in Canada for example, we finish with Justin Trudeau as Prime Minister. We all have our problems, but some are bigger than others. And deceptions of course can be huge.

While the world we live in is all crazy shit and upside down, its important to save money and to invest, because no one is going to do it for you. And today I must say, I have turn my portfolio all upside down in a major attempt to make things better for myself, a  real big SPLASH! Ready?

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)

I bought:
Royal Bank of Canada (RY)
Morneau Shepell Inc. (MSI)

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)

I bought:
Boyd Group Income Fund (BYD.UN)
Keg Royalties Income Fund (KEG.UN)

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

I didn't bought anything new yet for my RRSP. 

This resume briefly my trading activities for the day. I will get back on the reasons why I made those buying and selling moves in another post.

To be continued.


Anonymous said...


Don't under-estimate the consequence of Brexit, it may take days for the failed Derivatives to surface.

I tried to found out what exactly the EU is, following link is a movie on EU (1hr)

Sunny said...

The market always over react whenever Euro is involved. This time was no exception. TSX going strong no matter what, currently exceeding the 14 000 points.


Thank you

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