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Tuesday, January 28, 2020

My dirty little secrets about my margin account: the true and only the true

It's unfortunate, it was going to happen sooner or later, but yesterday, the TSX lost 122 points, but today, the TSX gains 58 points. At now 17 500, the TSX is not in bad shape. The damage made by the coronavirus to my portfolio is minor, at least for now. My non-registered portfolio closed yesterday session at $122,720.67, my TFSA portfolio at $86,419.31, and my RRSP portfolio at $50,806.35. Today, my numbers are on a higher note. My non-registered portfolio closed today at $123,180.46, my TFSA portfolio at $86,683.45, and my RRSP portfolio at $50,952.25.

I still have a close to 4k in cash inside my TFSA portfolio that is only waiting for me to be investing. These days, I am always facing the same things over and over again. I have to say, I am still watching closely Lightspeed POS Inc. (LSPD) from time to time. Yesterday, LSPD lost 7% in value, and today, the title gains 5%. LSPD is the perfect stock for day trading or performs what I like to explain as hit-and-run hot moves. With such moves, you buy, but only to obtain one thing: quick hot cash. While facing the coronavirus, the stock market remains volatile and is quite sensitive to the situation. But on the other hand, it's quite boring to have some cash in my TFSA portfolio account, doing strictly NOTHING. That coronavirus is not scary me, but I won't visit China anytime soon. Asia doesn't interest me, the exception maybe of Japan.

A good thing about speaking French is that it allows you to read documentation written in both French and English. Currently, I do not have access to Stockopedia and I am kind of lost, I just don't know what to invest in. The tool I had been using for something like 3 years had been taking away for me. Well, take that little Ukers, I don't need you, I have absolutely everything I need straight in my face. Inside my RRSP, I had been holding on to CGI Group Inc. Class A Subordinate Voting Shares (GIB.A) for a couple years and alone, CGI Group Inc. had been one of my best investments. And today, I read this French article in La Presse. Take a wild look at this beauty, the overall chart of
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A):

Have you ever seen a better chart? Simply amazing! While I am desperately trying to find a new investment for my TFSA portfolio, why not being smart and invest in a solid rock like GIB.A, instead of investing in a stock like Lightspeed POS Inc. (LSPD), who's more of a stock for players than a stock for investors. You needed to see this for yourself, I do not need Stockopedia, I do not need it at all. I may place my investment move tomorrow in GIB.A, but nothing is 100% sure. GIB.A is not paying dividend, it might be it's only negative point.

Other than that, another real fantastic stock of mine is performing quite well these days: Metro Inc. (MRU). Today, MRU announced an increase of their dividend. MRU is another great stock to invest in. Actually, I could do an half-half with GIB.A for my TFSA portfolio.

As for the dirty secrets, my confession: I basically used my margin account like my banking account. I used my margin to pay my expenses, and whenever I received paychecks, I pay down my margin.

With my upcoming paycheck, my savings will raise to 4k, and it will be great.


Anonymous said...

CGI down 6% today. Looks like a great opportunity. :-)

As for LSPD never regretted the day I bought for 26$. ;)

DivInvestor said...

Way to go Dividend Girl. Congrats. I think I saw your blog when you first started. Great progress in your portfolio.
DivInvestor dividend-café.com


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