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Tuesday, September 6, 2016

Welcome in my TFSA portfolio Parkland Fuel Corporation (PKI)

The TSX is not that far away from the 15 000 points. My non-registered portfolio closed at a good
$140 470.62 and my TFSA at $53 291.37. Chances are that I may be at $250 000 value right now. I finally sell all of the JFT Strategies Fund (JFS.UN) units that I was holding to inside my TFSA. I sell, but instead of buying CGI Group Inc. Class A Subordinate Voting Shares (GIB.A) like plan, I change my mind and bought... tadam... Parkland Fuel Corporation (PKI). And the funniest thing is that I wrote yesterday that I didn't want to invest in anything related to oil anymore... lol

A reader post a comment about PKI a little while back and it just something that I kept in mind. I will eventually invest in CGI Group, but see, at this time, I just wanted to grow a bit my dividend income. And I am now so close of the 7k: $6 966.50. and it doesn't include any dividend earn inside my RRSP.

Agrium Inc. (AGU) merger with Potash Corporation of Saskatchewan Inc. (POT) may not happen anytime soon, but Enbridge Inc. (ENB) is not losing time. ENB announced today the acquisition of  Spectra Energy Corp. for 37 billion. This is an exciting news for investors who had been holding on to ENB for a long time. And just happen at a moment where I just didn't know what to think about oil anymore.

There's a lot of exciting news lately and if it continue like that, I will be celebrating a 200k net worth in no time.


Anonymous said...

Congrats on your Parkland Fuel purchase!! I bought this gem about 3 years ago for $18.25 per share and think it's like a mini Couche Tard. It pays an amazing MONTHLY dividend that is growing each year, and I reinvest the dividends at a 5% discount to the market. Company is finally getting recognized. I believe this one is a true long run wealth creator where you can sleep soundly at nights.

P.S. I also bought Savaria in July - love this company and ZCL Composites.

Sunny said...

PKI is really good. Now with it in my portfolio, PKI is receiving the fame it deserve lol

SIS is quite hot too.

ZCL - a bit less for my taste.

Anonymous said...

Savaria just announced a 30% increase to their dividend today - Great news!!!!

Sunny said...



Thank you

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