Social Icons

Sunday, January 5, 2020

Saying a thank you and goodbye Stockopedia

My sell of SIA and BMO stocks bring in over 3k in cash inside my TFSA portfolio and now, only one silent question remains: what I am going to do with that money? Back in the days, I used to always have a plan for my money, there was always that net stock that I wanted to buy. There used to be always something new out there patiently waiting for me to just be buy by me. Now, it's not the case anymore, and that being because I already have an X-large portfolio of many many stocks and I probably already hold on to most of the greatest hottest stocks that the TSX has to offer. And on top of that, my free access to Stockopedia had expired. 

I really like and enjoy Stockopedia, I really like to search for new stocks to invest in by using their screens. Stockopedia is a super great tool for investors. For the past 3 years, I had found many great stocks on Stockopedia, stocks that no one talked about, and were, until I exposed them on my blog, secret money-making gems, like WSP Global Inc. (WSP), Park Lawn Corporation (PLC), Granite Real Estate Investment Trust (GRT.UN), Cargojet Inc. (CJT), TFI International Inc. (TFII) and Richards Packaging Income Fund (RPI.UN). At first, it was supposed to be a 3 weeks try, I was able to recently find that old email, but it turned out to be 3 years, which I enjoyed and I am really grateful for it. However, I will never pay a dime for Stockopedia. The reason for that is that Stockopedia is coming from the UK, and I am not willing to spend money on absolutely anything coming from the UK. And I can say proudly that I am pretty sure that I never spend a dime on stuff coming from the UK.

I never really exposed this UK banned of mine, but it's been around for a really long time, even before I started blogging ages ago. I went to see the movie recently Downtown Abbey because I liked the TV show - even if obviously it's coming straight from the UK, but I adore Downtown Abbey, what can I say, under just a really few exceptions, my door is closed to the UK. The reason for this is quite simple, I am from New Brunswick, Acadian, and if you know a bit about history, you know what England did to Acadians. It was a long time ago, it's part of history, it's part of the past, but no matter what, I don't care. I won't ever pay for any services coming out of the UK. I will never participate in the well-being of people coming from that country. It's simply a matter of self-esteem and honor. At $175 per year, access to Stockopedia is not coming cheap, it's simply too expensive for me. So the time had come to say goodbye and move forward.

Don't feel sad or bad for me. For someone like me who is just obsessed with stocks and her portfolio, and who used to always wanted to have that new how stock to invest in, Stockopedia had brought a lot of joy to my life, like my finding of PLC was really one over the top one, but sometimes, too much excitement for a stock junky is just too much. 

Currently, the best thing I can do with my margin is to pay down my big fat margin account. I will be turning 40 this year and it's just about time that I pay down my margin. Also, I don't feel the same about investing anymore. It's getting more and more difficult to find new stocks to invest in and it's really rare now that I feel excitement over new investment ideas. The stock market being so volatile, it's enough alone to kill the spirit of any investor. It's just where I am right now. I was thinking of maybe investing in CCL Industries Inc. (CCL.B) or maybe getting back a bit in PBH, but it's just ideas for now. I am more tempted by using that TFSA money to pay down a bit my margin. But you know me, I might change my mind tomorrow. Nothing is really static when it comes to my investment. I do as I wish and I invest in stocks that make me dream.

No comments:


Thank you

Thank you for visiting!
Blogger Templates