Another stock: Brookfield Asset Management Inc. (BAM.A)

The TSX closed this past Friday session under the 16 000 points. My non-registered portfolio closed the session at $122 982.92, my TFSA portfolio at $69 089.73, and my RRSP portfolio - stocks only - at $40 937.27. My numbers are not too bad. TD WebBroker had launched a new fun "Goal" feature. You might know it by now, I am obsessed with one thing, and its to reached a net worth of $300 000. Good news being, that "Goal" feature calculate that I will be able to reach and even exceed the $300 000 net worth in 3 years, which is not too bad, with my moderate risk profile. Its a fun little feature, but what I need, more than time to reach my goal, is a good stock market condition, and some savings please.

Speaking savings, I am expecting to save in the $2 600 cash this month, which is quite a good thing because I will need that money to pay down my taxes. My tax declaration will be complete in about 12 days from now. Once completed, I will to pay what need to me paid. I estimate that amount to be in the $3 650. Its a lot, but not that much knowing that I made several thousands in capital gain by trading RNX, and by selling all of my PBH shares. I don't regret selling PBH - I feel much better now that my margin usage is lower than it been in ages.

This wasn't expected, but I just find a great stock on Stockopedia: Brookfield Asset Management Inc. (BAM.A).

Welcome in my TFSA portfolio SIR Royalty Income Fund (SRV.UN)!

The TSX closed on a positive note today, but its looking like my favorite stock market is having a bit of trouble to jump over the 16 000 points.

It hasn't been an easy road for Aecon Group Inc. (ARE). I own this stock since October 2017. Before October 2017, I have just no idea that this brilliant Aecon Group Inc. (ARE) was even alive and existed. Ever since Canada rejected the acquisition offer for ARE coming from China, the stock has never been completely a winner stock. ARE never registered great capital gains inside my non-registered portfolio. But all that is about to change. 

Despite its lack of capital gain - remember that this situation had remained the same for about 3 years!!! - I never taught of ARE as being a bad stock pick. Personally, I love those engineering kind of stocks, like WSP, Toromont Industries Ltd. (TIH). TIH is not exactly engineering, but its certainly one of my greatest proud inside my portfolio. Those kind of stocks fit me well. Today, Aecon Group Inc. (ARE) announced record revenue AND an increased of their dividend distribution.With my newest investment, my dividend income, excluding RRSP, is now at $7 488.60.

I finally did it, I had today invested in SIR Royalty Income Fund (SRV.UN)! I made only a small investment. Another great thing I done today was getting my paper ready for my 2018 tax declaration. I hate everything that include paper work, and the taxes are just another one of those pains. I probably going to have to pay something like 3 to 4k in taxes, but I prefer just to pay instead of investing money inside my RRSP. I would need to invest at least 10k to have a real effect on my taxes. And I think its too late now to invest in my RRSP for 2018. Anyway, I am not a fan of RRSP. But we'll get back on the taxes and RRSP topics soon enough.

Getting ready to welcome SIR Royalty Income Fund (SRV.UN) in my TFSA portfolio

TOk, this is going to be a quick post because its getting late. Ready? I am, but don't be distract in case there's spelling mistake - you know the usual anyway.

Over the years, I had bought and sold different stocks. And one of those stocks had been Keg Royalties Income Fund (The) (KEG.UN). I had hold on to that one for a little while inside my TFSA portfolio, but at a point, capital gain on KEG.UN were so-so and Susan Brunner review of the stock wasn't so great. All things combine, I decided to sell KEG.UN and I don't regret the move. Once I sell a stock, I rarely go back in. And this time, I am not interesting in getting into KEG.UN. Back in the time, I discovered KEG.UN by watching the Desperate Housewives of Vancouver - which is hilarious in a way. As long as you make great deal and fun money, there's absolutely no good or bad ways to pick up some hot stocks among the way.

As you might know, I am currently desperately searching and searching for a new investment for my TFSA portfolio. I don't know if I own this smart decision to my newest short hair cur à la Marilyn Monroe (I had to run for a hair cut this past weekend, my hair had grown so long andit haven't been 3 months since my latest hair cut!! Curly hair that grown too much too fast can be quite hard to take)., but I made this wise decision: SIR Royalty Income Fund (SRV.UN) is going to take the place of my past KEG.UN inside my TFSA portfolio.

Isn't great? I now can stop searching, at least for now.

With Spring eventually hitting in, I was in need of a new investment anyway. With an annual dividend distribution of $1.26 per unit, SIR Royalty Income Fund (SRV.UN) is the perfect stock to be holding inside a TFSA portfolio - dividend earned are tax free and SRB.UN dividend distribution is richly juicyyyyyy. So enjoy my latest finding, investors, because you know it, it can't get any better than this. Try to beat me up on this one if you can.

Thank you,you are really welcome, and good night.

Welcoming warmly a $217 000 net worth

While checking over my stocks this past Friday, I notice some interesting things going on for my portfolio. I decided it was the perfect time to update my investment portfolio. Among the first thing I notice, my investment in Jamieson Wellness Inc. (JWEL) is back in the positive zone, with a gain of 5.93%. My investment in PPL keep going stronger: I am now closed to 31k on that stock alone. In the other hand, I had seen better days for Savaria Corporation (SIS).

Inside my little US stocks portfolio, Derek Foster's General Mills Inc. (GIS) is on a gain - and I think its the first time EVER - 2.54% gain inside my portfolio for GIS. I didn't get rich yet on this Derek Foster stock. However, please remember that my PPL is a Derek Foster stock and I am going rich on it.

As for my TFSA portfolio, two of my latest investments Cargojet Inc. (CJT) and TFI International Inc. (TFII) are being named "high flyers" on Stockopedia and I have to admit, Stockeopedia wasn't wrong on those lovely two! In my personal English, the designation of high flyer = volatile stock, a stock that are sensitive to the market fluctuations. However, high flyers are not all bad. Sometimes, a high flyer can be quite lucrative and could be good stocks to target in case you want to do a quick hit-and-run move. 

I never been a huge fan of Nutrien Ltd. (NTR) for the simple and good reason that I never been able to register some capital positive gain ever since my fantastic Agrium stocks transformed into some boring NTR stocks. But surprise, NTR now has decided to please me and is now on... a 15.6% gain! Among other troublemaker stocks, Sienna Senior Living Inc. (SIA) joined my portfolio on a neutral tone, I wasn't expecting extremely huge capital gains on this little one, but surprise, I am now only on a -0.25% loss on this one. When you think about it for 5 minutes, it's quite strange to actually be expected from a stock little or no growth, but it's normal in a portfolio to have a little mix of a bit everything. But for my next investment, I want a winner stock. I want to pick the best stock I can possibly have. Unfortunately, this weekend got busy and I haven't been hunting down my next investment. No rush, but I am really curious to find out what I will be on next.

Other stocks of mine are on a positive gain, that's why I am now sitting on a 217k net worth.