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Wednesday, April 4, 2018

Despite the storm, Premium Brands Holdings Corporation (PBH) is staying strong

I came back Monday evening from a few vacation days in New Brunswick, but now, it's not funny to be back and watching the TSX slowly getting under the 15 000 points is a real pain. Luckily, my biggest holder, Premium Brands Holdings Corporation (PBH) is acting like no storm is going on. PBH is still going strong and closed today... at a fantastic $116.36 per share.

When the TSX is volatile like this, I don't like to blog, I don't like to invest, I don't enjoy watching my investment portfolio online. Just at a time when I was at my highest value ever inside my non-registered portfolio, everything is all shacked up and it's hurting me, and it's hurting my portfolio value. It's just terribly annoying. It's not fun to be an investor at this time.

I had planned to proceed with a TFSA contribution in kind following my vacation, but with a TSX going all the way down, I am not in a position - because of my margin situation - to place such move. So I am doing the best to distract myself. Before leaving for my vacation, I had sold a leather chair on Kijiji and it gave me what I need to just continue selling whatever and everything I not wearing or using anymore, from books, clothes, boots, coat, and jewelry. I post a few items, no response yet. However, it seem like selling stuff on Kijiji can be a good way to earn extra cash. I am looking forward to make a $500 if not more - if I possibly can. I also have to go through all of my clothes. Maybe I will be able to push it to $600. As for now, its an experiment. I already earn $80 by selling that leather chair that I didn't like anymore. One great thing about Kijiji is that you can post for free, it's not like eBay, where you have to pay in other to post an item on their Web site.

Money is hard to earn and hard to be made on the stock market right now.

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