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Wednesday, October 25, 2017

Does time have come to say goodbye to Barrick Gold Corporation (ABX)?

Too bad, the TSX didn't gain any new points today, but I knew I wasn't going to deal with a 16 000 points by the end of the week, even if it was looking so... However today loss are not enormous, only -0.32%. A little volatility is part of the game. Sooner or later, the TSX will be hitting on the 16 000 points and on that special day, I will be happy, and probably that I will also be richer than ever before.

In the meantime, 16 000 point or not, my non-registered portfolio is shining a star at $185 791.65 and my TFSA is at $61 470.21. And I kind of get a nice gift of my own while going to the grocery store and being asked if I was a student... And without knowing, the cashier had just made my day. At 37 years old - like I am, is not that old, but its not that young either, its like a middle stage where you are just getting ahead to get older and are just about to lose my youth. I began investing in stock shortly before the 2008 stock crash and going through - among other - such painful experiences, it could be easy to think that your favorite Dividend Girl look double, tripple her age, but its not the case. I think the more painful your life is, the youngest you get to look while getting older. It could be.

I don't exactly understand the situation that Barrick Gold Corporation (ABX) is on right now. Everything is obviously not working as plan for this company. Add this to ABX poor dividend distribution... Everything is screaming in direction of a sell off. And it could be what I chose to do. And maybe reinvest in the so wanted Boralex Inc. (BLX) and following that, time may had come to look forward to pay down my margin.

But its obvious, you might had understand by now. I cannot make too long without investing and a life with no new sexy stocks is a crazy boring life.

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