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Monday, October 29, 2018

Next investment please, more Fortis Inc. (FTS)

What a crazy day for the TSX! The morning started with great gains, we were going to reach back the 15 000 points at least, but the TSX decided to moved in the wrong direction to close the day on a very bad 14 721.75 points, losing -1.12%! OH no! My non-registered portfolio closed today session at $169 596.06, my TFSA portfolio at $74 458.27, and my RRSP portfolio (stocks only like usual), at $37 198.83. While the TSX was losing 166 points, Aecon Group Inc. (ARE) is up to work and continue its road to glory. Goodfood Market Corp. (FOOD) is doing alright, under the circumstances.

While the TSX is experiencing so much volatility, is really important to yes, take advantage of this volatility to invest in stocks that are currently trading at a bargain price. Its now more important than ever to be extremely selective. Its not time to invest in pot stocks or anything naughtier, so you won't see me investing in anything really exotic. I had been investing in stocks for over 10 years now but the last couple days had been strange on the TSX. I don't remember seeing a TSX so volatile. Normally, big drop bring in good gain, in a relatively short period of time. I really don't remember seeing such volatility over the TSX and it doesn't feel like its normal. I am not going to forget with this month of October 2018 anytime soon.

Anyway, if you are looking to watch something to bright on your spirit, I really suggest that you watch Broad City on CraveTV, its crazy fun and absolutely hilarious!!! I am almost done watching the 4th season. Broad City takes place in New York, its really good, but its American. On the other hands, the Goop garbage of Gwyneth Paltrow is planning to come to Canada? We certainly don't need that shit in our amazing country. Gwyneth Paltrow is like Melania Trump while visiting Africa, an intrudor, an unwanted one.

I think I am going to invest in FTS. I just don't have no other ideas for now, its my best pick.

Sunday, October 28, 2018

Welcome again, Bank of Nova Scotia (BNS) in my non-registered portfolio!

My non-registered portfolio closed this past Friday session at $171 515.28, but that's only because I invest in a few shares of Bank of Nova Scotia (BNS). The TSX had closed at its lowest level since November 2016, so I had to invest in a high-quality stock that would be push over the edge once the TSX decided to move back in the old 16 000 points. I am quite happy with the new investment in BNShappens because I purchased my new stocks at $69.14. My TFSA portfolio closed the session at $74 928.20, and my RRSP, stocks only, at $37 436.69.

BNS was among the first stocks I ever own, so it was just a natural move to invest once again in this one, especially now that it trades at a low price. I am looking forward to investing in other good quality stocks like BNS who are trading at a good price right now. I would like to invest again in Fortis Inc. (FTS). Fortis is also a stock that is from my non-registered portfolio since the early beginnings. I am looking for good quality stocks, reliable dividend and that are trading at a lower than usual price. Fortis Inc. (FTS) is a real easy stock to hold inside a portfolio. FTS is really reliable. And just recently, Fortis increased its dividend distribution. Another idea for investment on the low: Savaria Corporation (SIS). Other ideas: PLC, MX - but MX doesn't pay much in term of dividend. When you get hungry, hit on dividend stocks.

It's not pleasant to be on downslide market, but this is exactly how I started investing in stocks back in 2008 and its really how I had been able to create value over time. Its true that I am currently not at my best, but sooner or later, the TSX will be back in the 16 000 points and when it happen, this bitch will be back right on top, and just watch me hit on the not the 300k, but 400k net worth, ok? You need to pack the love at the right place.

This past Friday session, Aecon Group Inc. (ARE) gains over 11%, which is really good. I think that ARE may be on the right track for more great results. Fact is, there's alwyas great things going on for the TSX. Its your appreciation of the great TSX that will pay on your favor for the long run, and nothing else.

Wednesday, October 24, 2018

The TSX is under the 15 000 points

Its not fun to see the TSX going under the so valuable mark of 15 000 points. And its doing so for a mix of reason, economy going to well, pot stocks drooping in value, interest rate being hike in the US and now, in Canada... The economy is just going too well, and in result, central bank increase their interest rates, but markets don't like it. Its quite strange, I think the first time ever that I am going through a stock crash because the economy is doing too well. Anyway, it has bad consequences for the stock markets all around the world. Problems between US and China are not helping either.

Anyhow, for now, I am doing ok. My non-registered portfolio closed today session at $170 033.38, my TFSA portfolio at $75 295.72, and RRSP portfolio at $37 632.75. I had lost in value, but my dividend income remain the same. Got to focus on the bright side. I am still on profit with many of my stocks, and its the case of the vast majority of my stocks. If you are in for the long run, focus exactly on that, the long run. Its not the moment to sell any of your stocks. Its not pleasant to see your assets going down, but its part of the game.

2018 was supposed to be my year of glory, the year when I was going to hit on the $300 000 magic net worth. During that time, if you want to get a good laugh, CIBC is offering me a credit card transfer at 1% interest and BMO Mastercard wants to increase my credit limit and want me to proceed with a credit card transfer at 0%. I accept the offer of BMO to increase my credit card limit. BMO Bank of Montreal and CIBC (but I like CIBC anyway) are real gangsters who are trying to make more money on the back of your really precious Dividend Girl.

This is not a fun moment, but now is the perfect time to focus on your budget, see where you can save money, cut your spending and invest all that good money over the TSX to make sure my baby hit on back the 16 000 points. But let's begin with a 15 000 points please.

Tuesday, October 23, 2018

WesternOne Inc. (WEQ) is making a little comeback


Things are rough and tough on the TSX right now, and its pretty much the same thing for other stock markets across the world. Basically, things are getting too well, interest rate increase in the US, + many other things going on, and my baby TSX cannot handle it, but no worries,I am here and I will shake her up.

My non-registered portfolio closed today session at $174 244.91, my TFSA portfolio at $76 608.59, my RRSP portfolio at $38 123.22. WEQ recently makes some nice gains. WesternOne Inc. (WEQ) is about to be acquired by United Rentals of Canada. Its a good thing for WEQ shareholders like myself, it may lead to some more interesting gain, who knows.

Earlier this month, Fortis Inc. (FTS) announced an increase in its dividend distribution. And recently, it was the turned of TFI International Inc. (TFII) to increase its dividend. Following what, my dividend income is now at $8 660.09 (excluding RRSP distribution), which is quite nice.

We are expecting snow this Saturday in Montreal, so I decided to buy a new winter coat at La Baie. Any dividend penny is welcome.

 

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