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Sunday, November 24, 2019

Kinder Morgan Canada Limited (KML) is hitting on the right direction with PPL

Currently, my net worth is probably not exactly on the 237k like last time, but I am certainly not that far away from that magic number. The reason why is quite simple, the TSX closed this past session on a lower note. However, at 16,954.84 points, the TSX is quite in good shape these days. My non-registered portfolio closed at $119,389.78, my TFSA portfolio at $83,542.01, and my RRSP portfolio at $48,306.88. With a non-registered portfolio at almost 120k, a TFSA portfolio at almost 85k, and an RRSP portfolio at almost 50k, I couldn't sincerely hope for better results. 2019 - so far - had been a crazy roller coaster ride for the TSX. The stock market is everything, but not certainly not a relaxing place to be. You have to think that I started the year on a tiny little $191 000 net worth, and now, 11 months later, I am almost sitting down on a really gorgeous $240 000, so yeah, it's been the hell of a tough ride, but at the end, it all plays to my entire benefit. And this confirms all that I believe in. 

I read some articles regarding stocks and finance here and there. I noticed recently an article - but I don't remember where - in which the so-called specialist said that it was time to cash in some profit, that the stock market could drop, etc. etc. etc. Well, nothing is new when it comes to the stock market. The same old song remains. Everything is to be expected, don't ever be sure of anything, even of your opinion, don't trust no one. The stock market is dictated by invisible forces, invisible financial circles that can play in your favor, just like it can lavish you right down next to the ground. When it comes to investing in stock, time is your best friend, and impatience is your worst enemy. It all has to do about your age and what you can handle as risks. If you have time in your hand and if you can handle risks, I believe that the stock market is the place to be.  

This evening in La Presse, I noticed that Richard Dufour wrote about Savaria Corporation (SIS). for the past 10 days, a member of the Bourassa family who owns Savaria, the CEO's brother, unfortunately, decided to sell thousands and thousands of stocks that he owned of SIS. That's no good news for investors of Savaria Corporation (SIS). Back in the days, I had invested in Savaria Corporation (SIS) following my reading of an article by Richard Dufour of La Presse. And now today, I am leaving, from the same voice, bad news that could lead to a little disaster. Personally, I am mostly a buy-and-hold investor. But when I learned a news like this one, it makes me think again. I am now in a panic mode about this - the news that Richard Dufour is reporting had been going on for the past 10 days. This means that the infamous Bourassa brother had been massively selling Savaria Corporation (SIS) for the past 10 days. However, for the past 10 days, Savaria Corporation (SIS) had registered great results on the TSX. Nothing to worry about, but I will be checking closely at SIS tomorrow at the opening. Thanks to Richard Dufour, I made several thousand in profit on the back of SIS and I hope that things will remain that way. Forever love between me and SIS. If I sell, trust me, it will be to cash in some fresh money.

Today, I was visiting the Salon du livre de Montréal, and saw Pierre Karl Péladeau, CEO of a company that I hold inside my RRSP portfolio because I am a really smart girl: Quebecor Inc. (QBR.B). I am invested in Quebecor Inc. (QBR.B), but I don't share the political views of Péladeau. I am a pure federalist, nothing else.

 In the second picture, Péladeau is the second to the right.

On another note, our wonderful federal government agreed with the merger of Kinder Morgan Canada Limited (KML) with Pembina Pipeline Corporation (PPL). It took forever to be announced. I had been holding on to KML for quite some time, without being sure if the deal was going to happen or now... This actually makes me remembered of my investment in Aecon Group Inc. (ARE), when I invested in ARE, hoping that the deal with China was going to happen, and just waiting for ARE to EXPLODED in $$$... History didn't happen, unfortunately. But I really like ARE, it's a strong company and I really proud to own some shares in my TFSA portfolio.

To complete this post, I will finish on a good note. I had received a little payment for my online activities, as well as my regular paycheque. I had transferred some money in my savings account. The good news is that I now have $3 033 in savings! Isn't great coming from a girl poor on cash, but rich in stocks?!

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