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Friday, January 5, 2018

F USA now responsible for cannabis stocks drop out: and what's next???

For a moment, I taught that nothing was going to stop our Canadian cannabis stocks from growing. Something happen with the US regarding the legislation of marijuana. But who care? I don't. Why our special pot stocks had to lose massive value in result? This is all so screw up. As you know, I took part in the cannabis game not too long ago by investing in Aphria Inc. (APH). I decided to sell APH just before leaving for my vacation. I was going home in New Brunswick for more than 2 weeks and I was feeling anxious because I wasn't going to have access to Internet everyday to check out on my precious stocks. Investment of the type of APH are super volatile. So I sold all of my APH stocks before leaving just to calm me down. And I was happy to have a few extra bucks to pay my bus ticket because I had spent a lot of money in the past few weeks. I also book a trip to Cuba in February, so I am now dealing with a super tight budget on EVERYTHING. 

I am just acting like a very good girl right now, not coloring my hair, and not purchasing any makeup or clothes and I am suffering, especially for the hair. The more my natural color is showing up, the more I want to disappear. I don't know if I will be able to stand it for really long. I am pushing down on the saving money button like a sexy freak. And my only excuse is the willingness to save over $20 000 this year and hit on the magic $300 000 net worth for 2018. Quite ambitious, but not impossible. I am planning on a little post on how to do a budget this weekend. My way is like no others, you'll learn how to stretch your dollars like a real saver. I think people underestimate the power of budgeting for the long run. January is the perfect month

On a day like today, the TSX is showing me all of its love to her very favorite investor and that's being me. Today, my non-registered portfolio closed the session at $185 737.08.

After investing for a couple of years, you get to know a certain feeling on what's good and what's bad for you. Personally, I cannot live long holding super volatile stock inside my portfolio. I felt that Aphria Inc. (APH) was just too volatile to remain in my portfolio while I am away.

1 comment:

Pellrider Scarborough said...

I have an inability to make and follow a budget. I can't even write down the expenses. So, hopefully, your post abpout budgetting can motivate me. Haven't had a chance to move any money to my investment accounts yet.

 

Thank you

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