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Wednesday, July 12, 2017

Saying a sad goodbye Exchange Income Corporation (EIF). Goodbye love

Things are going a bit better for my non-registered portfolio. It closed today session at $175 042.78. My TFSA portfolio closed the session at $58 782.28. Today, I made the difficult decision to sell all of the Exchange Income Corporation (EIF) stocks I was holding inside my TFSA. I had been a long time investors of EIF and my shares had been bought at an average of $22.84 each, which is very good. I sell them all today and make a nice profit free of tax, but it wasn't with joy that I made this move. When it come to investing, I am more in an investing kind of move and I want to grow old holding on to the best of the best. The TSX is a castle with huge treasures.

However, my adventure with EIF came to an end because an American - oh surprise! - piece of shit of the name of Marc Cohodes is short selling Exchange Income Corporation (EIF). This could exposed EIF investors to big loses. Short selling should be made illegal. And I am imploring God and his darkest angels to throw all of the worst at Marc Cohodes. He might thing he's really smart guy now, but my attacking one of my stock, Marc Cohodes had just wake up a wolf who was quietly sleeping. There's no words to describe my anger. I was supposed to grow old on EIF, not sell it out. I hate that Marc Cohodes guy.

The TSX is the best stock market of the world and I can say so because I did my searches. When I invest, I try to target stock that present sky rocking chart. I did many searches using Stockopedia, desperately trying to find US stocks presenting such criteria and I can really say that the quality is really low in the US market. I was able to find only just a few US stocks sticking to my rule but I didn't even wrote them down. US is a big lack of stability and I don't want more exposure to chaotic US stock market at this time. Especially not under Donald Trump which is acting crazier and crazier every day. I came from fan to hater. I just wonder what happen next and I can't wait to see if Donald Trump Junior is going to hit a wall and go to prison. But in a place like the US, mediocrity is the norm. We can expect anything coming from Americans.

The TSX is no shit hold made for US investors. Its my place to be and shine. Anyone that hurt one of my babies can go straight to hell. And I wish hell for Marc Cohodes and a lot of pain. Pain so great that will make him remember that the TSX is not a playground. And I want him to feel my pain. I would like to be next to him right now so I can hit him sooooooo harddddddddd, for destroying my dream. Just stay on your side of the border, and I will stay on mine, on the BEST side. Not only that we have the best stock market, but Canadians are just so more smarter than Americans. On our 150th anniversary, we should scream it louder.

Small investors like myself have no choice. I went through some kind of similar experiences in the past, like for example in the case of Davis + Henderson Corporation (DH) . I only have that other example in mind right now. Retail investors always need to act quickly and when something like this show up, its sad, but its better to sell and profit from the gain because investor like Cohodes can really hurt the value of a stock, like really really badly. And I think that in the case of EIF, Cohodes had made and will make more damage to the value of the stock. Its my opinion and what had made me sell EIF today, but I really hope that my wrong. I was kind of doing in my pants today! I won't forget.

This being all said, no surprise, but this came sooner than I expect it: Bank of Canada is doing its job and is increasing interest rate. Party time is over. I am totally in favor of such action. Low interest rate is not a good thing in our economy. 

A reader just recently comment about the situation for Savaria Corporation (SIS), saying it went lower recently. Personally, I wouldn't worry about it, I won't sell my SIS just for a bit of volatility. A stock cannot always go up, it will sometimes go a bit down, its totally normal. Its the life on the market, sometimes the market go up, sometimes it go down, always for whatever reasons, but at the end, quality stocks always delivered. And nothing is wrong with SIS. If you are scared, you can always partly sell your position. There's currently no tangible adversity when it come to SIS. But for EIF, its a different story of course.

Imagine that because of my sell of EIF today, I now have close to 8k in fresh cold cash, all at my disposal to do whatever I want. I could pay off my big fat margin which is currently at $98 500, but still manageable. No very super great stock ideas at the present time, but I was thinking about pitching in Canadian Imperial Bank Of Commerce (CM) and enjoy some easy dividend. Since interest rates are going now up, banks are going to make great juicy profit, maybe 2017 will be a record year.

So let's go CM, be my newest proud. Get me in gorgeous profit and dividend like never before. Throw me out my chair and take me.


While facing adversity, the worst thing you can do is to do nothing and die.

Sunday, July 9, 2017

Disastrous time for my non-registered portfolio

Jazz Festival in Montreal came to end. And this Saturday was really jam packed like I never saw it before. It was even hard just to stand there on my two feet and breath. I didn't know the artist but he's probably really popular.... Its sad that the Jazz Festival is already over because the best of Montreal summer is already gone with the wind and we are not getting a very nice summer when it come to the weather. So far, its been chitty just like the stock market. This being said, today was the perfect summer day in Montreal with wind blowing me up - but its just hard to have 2 days of good weather in a row. Its like our whole environment is very disturb. Anyhow, I prefer this kind of summer rather than too hot weather because I have problem standing the heat.

My poor non-registered portfolio closed Friday session at $174 164.14. Despite the fact that its down of a couple thousands, I see good things going on. One of my latest investment, CAE Inc., is up by 0.33% (not a lot, but its still a gain). I prefer not to talk about HCG, but its not going well for me on that investment. Another latest investment, WSP Global Inc. (WSP) is up of 4.08%, that's really good. And other older investments are doing well too. 

But for how long?

Thursday, July 6, 2017

And what about a bit of Crius Energy Trust (KWH.UN) for my portfolio?

Right now, I am such a sucker. My very beautiful non-registered portfolio closed down at $174 421.13. My TFSA at... $58 616.14, when it should clearly be at 60k. Its getting bloody and I am full of rage. I really hate it when the stock market play it dirty dance on me. But it doesn't keep me from wanting more, just like if I would be a xxx dominatrix who really enjoy it. I have right now the oh so perfect song for this perfect moment!

Remember Gargage? I used to really like this song. And its video. Back in the 90s, Shirley Manson was the grunge princess. And today, I am taking the lead by being a very dirty garbage dividend girl.

Right now, while listening to Garbage Push it song on and on and on, I am all eyes on Crius Energy Trust (KWH.UN) who's been announcing an increase of 2% of their dividend distribution. Stockopedia is currently of no help to tell me if this baby worth it or not. Is Crius Energy Trust (KWH.UN) a garbage investment? I truly don't know. But the $0.8043 annual dividend is of somewhat really appealing. And I cannot help myself. I cannot control the appeal of money. I am so extremely sorry.

Tuesday, July 4, 2017

Justice for Omar Khadr is being made in Canada. Long life to Omar Khadr

10.5 millions coming from Canadians tax money is going in Omar Khadr and I am really happy about it. Justice is being made. 

If I would had been a child soldier like Omar Khadr, I would had killed Americans and I would had killed many of them. We'll never know for sure if Omar killed Tabitha Speer husband, but one thing is for sure and is true, soldiers die at war. Its their ultimate duty. But it seem that the poor Tabitha Speer don't get that yet. Soldiers shouldn't enroll in the military if they want to live a long and happy life. If Americans are stupid enough to fight Muslims, its there very own problem. ISIS soldiers are among the more vicious of all because their heart if full of hate and anger. No one can defeat them. Their faith and anger, and their ultimate hunger make them the best soldiers which we cannot beat off even today. Their willingness to beat the enemy is unstoppable. I would like Omar Khadr to sue the US government for being incarcerated in Guantanamo Bay for so many years when he was only a child. A child soldier remains a child. The most courageous Canadian of all time is not even a real Canadian, he's a f Muslim! By her conduct, Tabitha Speer is not honoring her late husband. She's acting like a real bitchy American, with very low class. Shame on her. Its was Chris Speer role to die at war. It was his duty it was his turn to die. Just another soldier, like many of them who die at war. There's nothing wrong with his death.
We just celebrated Canada 150th birthday on July 1th and today July 4th, its celebration day in the USA. Despite those happy days, its not an easy thing to be on the stock market, its quite rough. I was hoping to hit on the 250k net worth by the end of 2017. Not that I want to be pessimist, but chances are that I probably won't be able to reach that goal, at least not in 2017. And its really alright. Its good to have money goal, but sometimes, circumstances make it impossible to reach those goals. Being almost 100% invested has its good and bad sides. One major problem is that whenever the stock market is acting difficult, well, the portfolio value go down. But one good thing is whenever the stock market go up, my income grow. And currently, there's a lot of volatility in the air. Its very hard to navigate this way, without direction, without any real sense of grow. I actually really dislike this current state of the stock market. Its not the first and last time I am going through such conditions, but I hate it. I really do. I enjoy myself when I am on top of my game, not when the stock market does its job in my hands if you see what I mean.

Ok, so today, the TSX closed the session at 15 130.661 points, leaving my non-registered portfolio at $175 885.60 and my TFSA portfolio at $59 322.66. My sexy big fat margin is at $98 540.78, leaving me a free little $17 205.10. My situation is not so bad, but I would like better data. Like right now, my non-registered portfolio got everything it take to be on the 180k value. But the TSX is not helping this bitch in any kind of way. 

Since its not clear if Home Capital Group Inc. (HCG) is paying or not a dividend, I actually removed it from my dividend sheet. In result, I am now at an average of $675.44. Good enough for now. With a margin usage of almost 100k, its time for me to slow it down a bit and pay down. I guess its the best thing I can do for now. My very sexy extreme emotional investment in HCG might not have been the greatest investment move ever - especially knowing I didn't sell when I could had made a couple hundred bucks. I bough at $17.20 - as soon as HCG don't go too low, I will be happy.

On the other side, some investments made lately had been doing very great, like for example WSP Global Inc. (WSP) is growing and enjoying its stay inside my non-registered portfolio.

Fact is, during desperate boring stock market, its the time to tight up the teeth to the dust like a dog and burn all the excess of energy in a way or the other. Its not anytime soon that I will accept defeat.

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