Social Icons

Thursday, August 15, 2019

Happy birthday, Acadian Investors!

Who else could I be other than an Acadian? I was too good to be a Quebecker. Being Acadian is not about the language either way. It's about being. I think Acadians make great investors because we are super resilient, we know how to take hit, no one can destroy me, no one can beat me out. Among with the First Nation, we have built this country down to its root. We have one of our best author, Antonine Maillet, about the only strong talent of the French Canadian literature who actually "got it" and who had been honor by the Prix Goncourt at a time when the price was still an honorable one and no prostitute of the like Virginie Despentes was member of the jury. The difference between an Acadian, Quebecker, and French is huge. We Acadians are about the only French expression people to have some common sense. Just the really best people in the world

On this extra special day, I wasn't much surprise to learn that the jerk of Justin Trudeau had been found guilty of violating the Conflict of Interest Act in the SNC-Lavalin affair. worst bad being is that Trudeau doesn't want to recognize his guilt. Typical behavior of another stupid Quebecker. Tudeau said he did what he did in order to protect jobs, but what he did was protecting SNC-Lavalin interests. CEO and high staff of SNC-Lavalin earn million per year. It's not fair that the jobs of unethical workers are being preserved. If you are a smart investor, you don't invest in SNC-Lavalin Group Inc. (SNC) or Bombardier Inc. (BBD.B). Rare are the Quebec businesses who actually worth it. Inside Canada, Quebeckers are well-known for their stupidity. Never put your trust in a Quebecker. Everything is unreliable in Quebec province. Lightspeed POS Inc. (LSPD) is another example of an unreliable Quebec bases business.

Basically, on the TSX, I am the only investor you should trust because I know my stuff, and the TSX is in my vein.

Wednesday, August 14, 2019

Yeah! CAE Inc. (CAE) is increasing its dividend distribution

Today was obviously a pretty bad day for the TSX. I wasn't able to check the closing of the day in real-time because I had to leave work early, since I had a dentist appointment. It went well. All the drama is coming from old grey fillers that I need to get replaced because some fillers started to break and I even one filler that started breaking oe tooth so yeah, my pretty mouth was a mess. The worst part being that I still have more work to be done inside my precious mouth. What I have left to be done will costed 2k. But good news being, what is being left is not a matter of emergency so I am planning to have more work to be done next year, and probably a second time the year after that because my insurance only covered 1k per year.

All of my problems came from a childhood spent in the 80s and early 90s where I was getting hot chocolate in the morning for breakfast. We also drank some coolaid, artificial juice, soda... We always ate quite well at home, the only problem was sugar drinks, especially coke. That stuff ruined my teeth, but it isn't that bad either, it's just light regular fillers on most of my teeth. My dentist said that she had seen worst cases than me. Some ladies in their young forties have none of their real teeth in their mouth. I still have mine, at least. Another problem that I will be facing, in another 10 years so so, is that I need to have them replaced again... Its being said that white fillers last for about 10 years... And since my pretty mouth is full of filler shit, I have to make sure that I put at least 10k aside for my teeth when I will get older. It won't probably cost as much as 10k, but it's good to have more than less so yeah... It's quite expensive to grow in age. As you know, I will be turning 39 on August 27th. Other than my teeth, that are inside of me, I don't have any sign of aging showing up, if not a few white hairs popping out, but I had some blond highlight earlier this summer and nothing is showing up. So this is a real dirty secret just between you and me so don't tell no one.

Knowing I had my appointment at the dentist during the late afternoon, I continue checking the TSX and I saw what I saw, going down, in the fear of a recession. Things are not super great in Germany, which is the heartbeat of the European economy. And the UK is just totally lost. So if things are not all good in Germany, chances are that we are going to hit a wall somewhere. 

I am, again, really happy that I don't hold any more of LSPD shares, and LAS.A shares inside my portfolio. Basically today, the only great financial news I was able to catch today is that CAE Inc. (CAE) - I hold this one inside my RRSP portfolio - had increased its dividend distribution.  But CAE took a hit down today, its value decreased today.

I won't check on the value of my portfolio because: I feel my mouth and I am feeling enough that I don't want to see the numbers. I will be ugly said, I know it. Ok so right now, I am just in need of a Smoothie the Cat video :0)


Tuesday, August 13, 2019

I have a confession to make: I am a romantic investor

If you are a longtime reader, you had already figured that out by yourself a long time ago. If you are new to the blog, you are just about to find out how a strange badass I am. And on top on that you are getting all of my best advice for FREE. You are just so lucky!!!

:-)

I guess you could say that I am somewhat a romantic investor. I had become a romantic investor over time. At first, I was only buying Derek Foster stocks. As time buy, I only love my stocks more and more. And I have babies that I wouldn't sell unless there's a big problem. Among my little favorite, we have  Fortis Inc. (FTS),  New Flyer Industries Inc. (NFI), Emera Inc. (EMA), Canadian National Railway Co (CNR), Toromont Industries Ltd (TIH) and Park Lawn Corporation (PLC) just to name those. My name is not **"@!!!!!. My name is Fortis Inc. (FTS),  New Flyer Industries Inc. (NFI), Emera Inc. (EMA), Canadian National Railway Co (CNR), Toromont Industries Ltd (TIH) and Park Lawn Corporation (PLC). I actually have other stocks that I like very much. Many of the stocks that I love the most had been with me for a really long time. 

Following 11 years of investment, I have strong intuition on which stocks will work for me for the long run. Each stock that I had been holding on for a long time had been part of my history. Its pure money love baby and when your love is so pure and honest, you cannot go wrong, those stocks are dogs that could kill for me on the stock market if I asked them to. They will - I hope - never let me down. But no matter how strong is the love, you have to do your duty and watch them closely. At the end of the day, the stock market is a dirty business and it's not the place to act like a princess and feel in the like of your stocks but what can I say, I am who I am, but at least, I know how I am. The stock market can be full of trick and really scary, if you don't know yourself before jumping in, I doubt you'll ever be successful. It's because the stock market is too emotionally involved, so you need a good base in yourself. You need the emotionally stable because the TSX, like any other stock market, is far from being stable.

Following Lightspeed POS Inc. (LSPD) big announcement yesterday, it was hard to figure out on which way the stock was going go. I was personally unsure, but many times, when businesses released more stocks, often, the stock will go down. And this is exactly what happens with Lightspeed POS Inc. (LSPD) today. However, I didn't know anything regarding the 6 million+ in subordinate voting shares announcement. It just happens that my timing was right. Not that LSPD doesn't have a great value, but it's a player stock that captures the attention of many many investors, big and small. And because of that, LSPD is the perfect stock for quick buy-and-sell sexy hot money-making moves. With yesterday, that makes the second time that I had been successfully trading LSPD for money and I may trade again LSPD in the future. It's been easy for me so far to trade LSPD because I had been quick. My buy and sell moves were quickly done and when I had a chance to sell at profit, I did. I never last long on LSPD, in the two times. I think that's why I had been successful on those little trades. I didn't make thousands, but I prefer getting involved only with little amounts for those types of trading investment. I want to be able to sleep at night. Also, I am not always available during the daytime to check on LSPD. And I wouldn't like the stock market to become all my life because it's too much of a hard place to be. I can take some load, but at a point, enough is enough.

Monday, August 12, 2019

Selling both LAS.A and LSPD at the same time

Today, I proceed with the sell of my Lassonde Industries Inc. (LAS.A) stocks. At first, LAS.A was starting the day on a positive note, so I taught twice before selling, but I finally place my move and I don't regret it because LAS.A closed on a negative note, losing 2.35%. In result, my margin debt is now down to 43,724.17‬. 

Shortly after selling LAS.A, I decided to sell my investment in Lightspeed POS Inc. (LSPD) to cash in a quick profit, just like I did before. LSPD looked like it wanted to go down, so I didn't want to lose the opportunity to a nice little quick gain. I don't know what does mean for LSDP, but the stock closed on a trading halt. And the reason why is that LSPD announced 6 million + in subordinate voting shares. I am not quite sure in which direction LSPD will be hitting tomorrow morning, but I am just glad I got rid of it, at least for now. I will have a few hundred to pay down from my little pockets for dental health care, so I am not unhappy that I sold LSPD, it just came at the right time for me.


 

Thank you

Thank you for visiting!
 
Blogger Templates