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Tuesday, October 8, 2019

No, the TSX is not that warm sweet place to be

Things are not super hot for the TSX right now and in result, my beautiful portfolio had been taking the hit. In time like these, the best thing to do is really to stay out of the stock market. I, of course, follow the TSX every day, but it's obviously not fun to see my TSX going down because it's also unfortunate but if the TSX goes down, so is my net worth! This is an exact real-life illustration of what happens when you are almost 100% invested in stocks. When you are almost 100% of your assets are invested in stocks, your net worth value totally depends on the good willing of the stock market. It's not fun to see all that you own going down during downturns. However, I can say for sure that if it wouldn't be from my investment in stocks, I wouldn't have as much as 220k+ on the date of today. There's really a hard part that comes from investing in stock, and I feel that no one exposes the reality as it is. No one ever explained how sick to your stomach you'll get when the TSX goes down. All of those rollercoasters drives are hard. And at a point, I get enough of it, but I am not where I have enough yet for myself. And sincerely, when I will be on a net worth of 300k-350k, I will sincerely be thinking about my options. 

BUT - on the other hand, all of that market stuff, as good or bad it can get, it's pretty addictive, so what else can I say? I guess I am pretty much in here stuck for many many years ahead. So that way, you'll have plenty of posts to read. Being almost 100% invested also comes with many rewards and the ultimate reward happens whenever the TSX reached it's the highest value. Whenever such awesome events happen, when the TSX is at top of the game, well, guess what, I am also on top of my game. There's just no better feeling in the world than to know that yes, I am a good investor, I kick ass and from time to time, I am getting that heavy overflow super feelings of over joy and over satisfaction.

Today is just another say on the TSX. It's quite frustrating because I was all set to hit on the $250 000 net worth, but bang!, TSX bitch decided otherwise. Better luck next time, sexy shooter.

Thursday, October 3, 2019

A word or two about finding new investment ideas

It's so hard these days to be an investor! I remembered the "old days", but I won't name them as "good old days" when I first started my investment journey. Everything was new and fun. And I had plenty of investment dreams. Shortly after came the 2008 stock crash. But it didn't stop me from investing in stocks. During that time, I invested in FTS, CNR, BNS, MX and so many other great stocks that I still own today. With time, the most difficult part had become to find new stocks to invest in. At a point, it's become a bit of an obsession. However, over the years, I had calmed down. And among the way, I had been offered Stockopedia on a silver plate.

It can be quite difficult to be an investor. Yes, we have Derek Foster, Susan Bunner, which are my main 2 individual sources. Before, I had Jean-François Tardif, but he's not around much anymore and his JFT Strategies Fund (JFS.UN) is really not a good fund to invest your money in. You can check out the section "Argent" from La Presse, or wait for Richard Dufour to come with the next best thing. Or read The Globe and Mail, Yahoo Finance, or the Financial Post... From my experience, the regular press is not exactly a good source of information on how to target your next best thing. In the past, I had found SIS by reading Richard Dufour, I own him that one, but other than that, I never really get any extraordinary stock by reading the regular press. Other than Derek Foster and Susan Brunner, I don't really trust nobody. I never came across a blog and told myself: wowwwww, I am going to follow this one, and I absolutely know for sure that I won't be wasting my time.  Unfortunately, I am standing alone, or almost because of who do you want me to get really good investment ideas, if it's not me? Isn't the reason why you are fooling around here? Fact is, Quebeckers are not good investors, or, like Jean-François Tardif, they don't last long, but New Brunswickers are for sure. We are simply the best at handling this kind of shit party. Who else can I be other than a great New Brunswicker. You simply cannot make it without me.

At a point, you may ask yourself, ok but what's the fuss about getting a new investment idea. Why do you always something new? Well, it's just an idea of my own, in order to not miss any great opportunity that may come by. By pushing myself in that direction, I made really good investment "discovery" by my own, most of them where actually find on Stockopedia: Park Lawn Corporation (PLC), Toromont Industries Ltd (TIH), Calian Group Ltd. (CGY), Granite Real Estate Investment Trust (GRT.UN), Cargojet Inc. (CJT), TFI International Inc. (TFII) and Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A) - those are stocks that, if I remembered correctly, I had found on Stockopedia. When I find a new stock, I am usually pretty good at telling right away from where that super great investment idea is coming from, from which source.

If you are looking to get some free quick international financial news, check out Finimize.

Wednesday, October 2, 2019

It's getting usual on the TSX

It's been another rough day for the TSX, but at least, we are still in the 16 000 points. It's quite interesting to see how quickly the TSX can gain or lose points... Sometimes, quick gains period are being followed by big drops... Also, the fact that we are in an election period in both the US and Canada is not something that is helping my case. Anyway, the good news is that we saw the TSX in the 16 700 points. We had been there, we can make it again in a close future. Now the 16 700 points are just business as usual kind of number. It's not an impossible or unknown number for the TSX anymore.

It's of course never fun to see the TSX going on, but this is nothing usual. The stock market is always going through some crazy ups and downs. In a certain way, it shows it's vitality and for me, the TSX is more than a market place. It's almost like an entity of its own and doesn't stop growing, no matter what. I am quite happy, nevermind the TSX because I have an upcoming vacation to New Brunswick coming up and the best thing of all, it's happening during the hunting season right in time for Thanksgiving! I am always super excited around this time of the year, for all of those reasons. The weather is getting colder and we can easily feel that change is coming up, in all kinds of different aspects. I like this current type of weather. It is making it a lot easier to wear makeup, among other things.

My non-registered portfolio closed today on $115,010.71‬, my TFSA portfolio at $79,599.63 and my RRSP portfolio at $46,018.21. For now, I don't have any investment idea in mind, especially knowing that I have a few vacation days coming up, and after that, Christmas will be coming in a hurry, so I don't think I will be making any new investment move for 2019. However, I am still looking from time to time for stocks on Stockopedia. I am still taking a look at some of my favorites that I don't own yet like for example Mainstreet Equity Corp. (MEQ). Why I don't own that fabulous stock in my portfolio? Other than that, I am quite happy not to be holding to any Lightspeed POS Inc. (LSPD). I had played on LSPD at the right time. I wouldn't be tempted at all to perform day trading on that one, that's for sure. LSPD had its time of glory, I made a bit on it, and now its time to move on.

Lightspeed POS Inc. (LSPD) is no longer a TSX little darling, trust me on that one. Now is not the time to play on the TSX.

Tuesday, October 1, 2019

Godd day for Nutrien Ltd. (NTR) investors

I don't own this stock, but I often read about it on Susan Brunner stock: Dorel Industries Inc. Today, Dorel announced the suspension of their dividend, and of course, it automatically caused a big drop in Dorel stock value. I have never been interested in Dorel Industries Inc. because it chart always been rocky, but now, that stock is almost dead. It's sad for the current stockholders of Dorel, but I am not one of them.

I have however other problems of my own. Recently, Nutrien Ltd. (NTR) had been on my radar. Recently, I notice that NTR value had decreased and it really tickled my nerves. I didn't proceed with any move regarding NTR, and it's actually a good thing that I didn't. Sometimes, laziness pays off. Yesterday, NTR announced the acquisition of Ruralco Holdings Limited (Ruralco), a business based in Australia. Who knows, maybe this is what Nutrien Ltd. (NTR) really needed in order to perform better, and maybe reach the same performance as the late Agrium that I miss oh soooo much! 

The TSX went all down today. I am not surprised. It was fun to be in the 16 700 points, but it didn't feel natural. I am now just really happy did I actually post an update of my portfolio back on September 20. That way, I have something good to look at on days like today, when the TSX slides down.
 

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