Mysterious Mainstreet Equity Corp. (MEQ)

Again today, the TSX didn't exactly perform today,  but that doesn't matter, because I got another good news today! Bank of Montreal (BMO) had increased its dividend distribution. I am not getting a huge amount out of this. I actually have only enough to buy a coffee, but free money is free money. My non-registered and TFSA dividend income is now at $7 315.69. If I include the dividend earn inside my RRSP, I am now at $8 669.89. 

I am not in a rush to place my new investment, I actually feel good, for once, to have some money in my bank account. But with me, we never know. I sometimes change my mind on things. I continue to look at Mainstreet Equity Corp. (MEQ), but I notice something strange. On May 28, MEQ had no activity what so ever on the TSX!!! Check it for yourself:

And between May 25 and May 26 - no trade at all! The reason why I keep checking on Mainstreet Equity Corp. (MEQ) is because of it's a very beautiful overall chart. That's the type of stock I am looking for. It's risky to invest in stocks, but it might be even riskier to invest in a stock that doesn't register any activity at all for one to two days in a row. I really don't know. And on top of this little problem, MEQ doesn't pay any dividend. And that little tiny annual distribution of mine of $8 669.89 need to beef up. At this time, Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A) seem to be a better stock pick. 

But no real stock pick, for now, I am not in a rush to place my next investment. If I can leave some money in my bank account for once, I will be really really proud of myself. Let see if I can keep in the control.

Be ready to get rich on a old time favorite of mine: New Flyer Industries Inc. (NFI)

Only three other days before the end of May, I can't wait. I have a feeling that June is going to be much much better. While waiting, the good news continues to kick in. Today, one of my long-time holder, New Flyer Industries Inc. (NFI) had announced a massive acquisition in the UK, Alexander Dennis Limited. I tried to find Alexander Dennis Limited on Stockopedia, but it's looking like this company is not trading on the stock market. Alexander Dennis Limited appears to be a perfect match. This company basically do what NFI do here in Canada: they construct buses. And just like NFI, Alexander had been around for real long time. It appears like a perfect match and let's hope I can make $$$ out of the deal. I don't plan to sell any of the NFI shares I hold now. I had, in the past, partly sold my investment in NFI. 

I look kind of dumb now, but back at the time, the company was having a rough time so when the opportunity presents itself to sell at profit, pretty did what she needs to do. I decided to partly sell. Me and NFI, it's been love since the start. It's actually looking like New Flyer Industries Inc. (NFI) had been in my non-registered portfolio since... 2011!!! Time is flying by. NFI hasn't always been easy to hold. Several years ago, they went through a major restructuration, but it actually worked quite well and that's who today you have my beloved New Flyer Industries Inc. (NFI) kicking off some ass in the UK. Like WOW. Big bucks are coming in, I can feel it. It's already happening, NFI gains 3.52% today on the TSX. Let's go NFI. I knew from the start that you were going to be HUGE one day. Mommy is proud of you. I would have never suspected for NFI to be such an ambitious company. Let's show those Brits what Canada is all about.

On the other hand, today wasn't exactly an over exciting day for the TSX. And my money had suffered from it. My non-registered portfolio closed today session at $123 859.12, my TFSA portfolio at $72 122.46. The market is not exactly playing my favor right now, but who cares, now that June is just a few days away. I am just feeling my luck right now.

Other than that, the good news of the day, I was asked today if I was a student at the grocery store (to get the student discount). YESsss. I am just wondering if this is going to continue to last for really long or what. I will be turning 39 (!!!) in August, be ready. I am getting old for this blogging stuff but it's how it is.

Nutrien Ltd. (NTR) increased it's dividend distribution

Only four days left before the end of May - which haven't been an easy one, like not at all and I can't wait for its end. And it seems like the TSX is reacting the same way. Today, for once, we got a break from the US stock market. We could be from our own self. The TSX gains more than 100 points today, go go go, leaving my non-registered portfolio at $123 937.73, my TFSA portfolio at $72 415.64‬ and my RRSP portfolio - stocks only - at $45 041.48‬. Not too bad! While checking up on my babies tonight, it was just like if I had noticed it for the first time in a long long time! Let me explain.

While fully loading of many many stocks like I do, and that you had been investing in stocks for more than 10 years in a row now, at a point, some stocks of mine had become part of my natural environment. Like I am EMA. And EMA being me, I know that EMA is a good stock, I check on it from time to time. I am used to see that one in the $40 value +. But currently, time might have passed by, my precious EMA stocks are now trading over $50! Fact is, Emera Incorporated (EMA) had been in my portfolio since.... 2010, for what I had been able to find. I am used to having EMA in my portfolio, so sometimes, I barely see it. But tonight, EMA got all of my attention. EMA currently within its top value - the highest value for the past 52 weeks had been in the... $52! Coincidence? I don't believe in coincidence.

Just to add up to other good news, Nutrien Ltd. (NTR) had increased its quarterly dividend distribution from $0.43 to $0.45. Nothing to turn crazy, but free cash is free cash. After this, what can happen next? Tell me. But I am not done yet. It's unfortunate, but I hold to some loser stocks in my portfolio. Among them, we find Hydro One Limited (H). However, right now, I am really closed to register a gain on H. It was about time. I name "troublemaker stocks" stocks that I have problems to rely on to register a gain. Not too long ago, Jamieson Wellness Inc. (JWEL) happens to be on that mental list for a little while. But now, JWEL is back in the game and I am now experiencing a gain. While holding on to as many stocks as I do, it's always a good idea to always check on your troublemaker stocks, just in case the little troublemaker get in some deep shit.

 

For me, that's it, I am fully load and I have absolutely have all the stocks I need to hit on the $300 000 without too much pain. This is what it is to be a retail investors in a dark bear market, every step of the way is a real pain but at the end, check out for the magic bucks. For me, real richness begins with a $300 000 net worth. That's when it will get really exciting. For now, it's just an exercise. Let see if I can make it or not.

Boring month of May for the TSX

The weather was quite nice today in Montreal. For the first time of the year, I had worn my sandals! It's a good feeling to get rid of socks. Other than that it looks to me like I have a few new white hairs popping in, but nothing too revealing still. I am lucky enough to have a light brown hair color, so the white hair is not really noticeable - but trust me, I am noticing them! I had a nice hair cut just before Easter last month, but now, the hair had grown and I can even attach them, which I couldn't do last month. My hair grows too quickly.

I am not getting much from the TSX, but a few good things actually happen for a couple of my belove stocks, so the situation like always is not totally desperate. I don't blog that much when the TSX is not playing in my favor because I am tempted to stay away from blogging and out of the market zone when everything is not all shiny and bright. I take a quick look at everything and the market, and it's about it. But like always, I usually have several looks at the TSX all during business days. When the TSX is leaving me down, I do exactly the same thing. May is well-known for not being a super great month for investors - I barely ever remember that because I am mostly stuck on the good stuff. Like for example, I remember that June is usually a good month for me. I have a thing for trading on Saint-Jean-Baptiste, which is a holiday for Quebec province. And usually, I make super great investment moves in June. In the end, I always come back trading sooner or later. I always like to buy something new for my stock collection.

Luckily, my numbers are still great - for now. My non-registered portfolio closed this past Friday session at $122,960.51, my TFSA portfolio at $71,888.72, and my RRSP portfolio at $44,703.44‬. As for the great things that I had noticed, let's begin with CAE Inc. (CAE). CAE registered great gains following the release of it's 2018 and first quarter results. Cargojet Inc. (CJT) can be quite volatile. It's not for nothing that Stockopedia had defined this stock as being a "high flyer" on Stockopedia, and it's truly what CJT is. Since I add this one in my TFSA portfolio, I had gone through some heavy ups and downs with CJT. But now at least, Cargojet Inc.  (CJT) had registered some nice grow. Bank stocks had registered great earnings: CM, RY, TD - those are the best bank stocks.

I had posted a monthly expense for May - I will try not to spend any more money for the month of May. If I do so, I will be able to save in the $1 200, which is not bad at all knowing that I made several big expenses this month, on clothes, a new purse, and some earrings. June is going to be a quiet month as I will try not to spend on clothes or anything else. And I will try to stand my hair and let them grow, but that's going to be hard. I like my Marilyn Monroe style short hair cut.

Otherwise, this weekend, I purchased a new purse, and just to let you know, I don't have any new investment ideas for now. The stock market is not super wow and I can't wait for June to come in a hurry. Please.