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Wednesday, September 16, 2020

Northland Power Inc. (NPI) is killing it on the TSX

The TSX registered a nice little gain that drive my non-registered portfolio at $105,258.39, my TFSA portfolio at $89,954.57, and my RRSP portfolio stocks only at $48,747.37. Today, 2 of my stocks registered some quite good gain: Northland Power Inc. (NPI) with +5.22% and Quebecor Inc. (QBR.B): +4%. Also today, TFI International Inc. (TFII) announced the acquisition of a business in the US. However, the news didn't help TFII to register any gain today. Another stock that I hold, Loblaw Companies Ltd (L), had invested in Maple Corporation, which is a virtual care provider. Maple Corporation makes me think of  stock that I prefer not to invest in at this time: WELL Health Technologies Corp. (WELL).

Currently, with the number of covid cases that is raising in Quebec, and also across Canada, I don't know if we'll be bale to stay in the 16 000 points or not. It's really a week-to-week kind of situation. I always prefer to think that I will visit New Brunswick soon to keep my mental health in good shape, and I also really like to think that I will be home in New Brunswick right in time to enjoy the hunting season. But, between what I want and between what is probably going to happen, there's a big gap, unfortunately. Between March and now, I keep thinking New Brunswick, I check from time to time if the Quebec-New Brunswick border is opening, but not. And speaking about New Brunswick, believe it or not, the fire smoke of California had reached Montreal today, and it's about to soon reach New Brunswick,

Sunday, September 13, 2020

Proudly paying down debt on a rainy day in Montreal

It ran a big part of the day here in Montreal. Since wake early, I was able to go for a little walk, but soon after I stopped at a coffee shop, it unfortunately started raining and it only stopped around 6 pm. More than Montreal, California would certainly had need all that rain.

The TSX closed this past Friday session in the 16 200 points. The way we were going not too long ago, it was like the TSX was about to pop up majestically to the 17 000 points, without too much problems... but no. Volatility in this market is extreme and it's surprising every time, but the only good things is that over time, you suddenly get it, it's part of the game. And it's a real dirty one. This past Friday, my non-registered portfolio closed the session at $104,063.67, my TFSA portfolio at $88,670.37 and my RRSP portfolio, stocks only, at $48,005.82. The number are not too bad, but to remain in in a similar state, I need just one thing: a TSX in the 16 000 points, and more, if possible.

Many of my most recent investments are doing quite well. With Power Corporation of Canada Subordinate Voting Shares (POW), I am on a gain of +12.36%; with Telus Corp (T), a gain of +4.33%; and with Metro Inc. (MRU), a gain of +2.49%. Among other goods news, my $4,800 credit line debt had now decreased to $3,221. I am working hard to pay it all by the end of November. Meanwhile, I am having an interesting time reading the comments post in my previous post. Being read or not, it's not something that is really important for me for many reasons. With all the too good investment picks that I provide for free, I prefer to be read by just a few. Every time - because this is not the first and probably not the last time - that I received a comment saying something like, I won't read your blog anymore... It's quite hilarious. I am not the one who's losing from this, only the reader who doesn't want to be a reader anyone is.

When it comes to Li Ka-Shing, questioning where is coming the wealth is completely legitimate. It's not because you can find the bio of the individual online that nothing is missing in it. I have no trust in Li Ka-Shing. I don't think that any Asian can possibly reaches a high level of richness without being involve in such form of crimes or with the mafia. When a rich Asian like Li Ka-Shing decided to invest his bucks in a Canadian business like WELL Health Technologies Corp. (WELL), it's your job to worry about the bad consequences that such involvement can have on the stock. When it comes to your money, you should always worry and only invest in extremely high quality stocks on which you can totally rely on.

Thursday, September 10, 2020

Is WELL Health Technologies Corp. (WELL) could be a good fit in my investment portfolio?

The stock market ups and downs that we are in since the beginning of this pandemic is making hard to invest or to even like stocks. It required investments that are solid like a rock to go through this without too much damaged. In the circumstances, I considered myself lucky to have a net worth in the 200k. I always like to search for something new to invest in. Until today, I didn't have any new investment that I wanted for my portfolio, but that all changed when I met WELL Health Technologies Corp. (WELL). Having no investment dream, not having a single stock that I really want to invest in next is like super boring for me. 
 
And because I have the portfolio that I have for a long time now, it's hard to find something new to invest in, because I already hold so many great stocks. At a point, I consider it as being a normal situation not being able to find new stocks to invest in. The TSX has it limit, however, there's always something new, or a stock that went under the radar and I didn't notice for whatever reason. And that's exactly why no one should ever stop searching for new investments. You never know what you had been missing until you have find that new really hot thing.

In my case, that hot new thing is currently WELL Health Technologies Corp. (WELL). At less than $10 per stock, WELL is in a good place. That stock didn't pay dividend, but I wouldn't mind investing a small amount in it. I find that stock in The Motley Fool. It's the first time that I find a new stock to invest in by reading The Motley Fool. I don't hold any stocks that are in the health sector. I find WELL Health Technologies Corp. (WELL) interesting for that reason. WELL is a nice mix between technology and health. In my investment portfolio, I did really well on stocks that are related to the IT: CGI Inc. (GIB.A) and Calian Group Ltd. (CGY). Kind of bit like WELL Health Technologies Corp. (WELL), GIB.A and CGY both provide services in the field of technology. 
 
Back in 2019, it was said that Li Ka-Shing, a Chinese billionaire had invested in WELL Health Technologies Corp. (WELL). It's unfortunate, but stock markets are an open market, and even a rich Chinese can come over and invest in our market. And it seem like it's easy like that. Chinese interest shouldn't mix with Canadian ones. China being China, I am pretty sure that Li Ka-Shing is not an honest business man. Anyone with valuable money coming from China cannot be respectable. At a point, they had to do some crimes or financial crimes to come to that extend in a communist country. For that reason, I won't be investing in WELL Health Technologies Corp. (WELL) for now. 
 
Currently, I only want to pay off my $4 800 credit line debt. I am expecting a good amount on my paycheck tomorrow, and it will all go to pay down that little debt. I hope to clear it out soon.

Wednesday, September 9, 2020

Amazing Cargojet Inc. (CJT) is pushing me right to the edge

October is coming by in a hurry and it's quite sad but I don't think I will be able to visit New Brunswick for the hunting season.

Nice gain for the TSX today as we are getting higher in the beautiful skys of the 16 000 points, thanks to a nice gain close to the 300 points. Today, a stock that I hold inside my TFSA portfolio, Cargojet Inc. (CJT), registered a gain of 4.21%. Right now, when it comes to Cargojet Inc. (CJT), I am on a gain of +105.22% on that stock alone. This is really welcome because other stocks that I hold are not doing so well. For example, I am quite disappointed with the Bank of Nova Scotia (BNS) stocks that I hold inside my non-registered portfolio. Sadly, Bank of Nova Scotia (BNS) were among the first stocks to make it in my non-registered portfolio. That was several years ago. But between than and now, I am currently on a capital loss of $620.35. In this pandemic, Bank of Nova Scotia (BNS) had become both a pain and an obsession.

It wasn't that of a long time ago that I was on a good wave when it comes to Bank of Nova Scotia (BNS), I was registering good gain on that stock, but not anymore. This pandemic was hard on some stocks and Bank of Nova Scotia (BNS) is just one of those stocks that reveal itself as being weak as hell. Back in the days, if I would had invested in Royal Bank of Canada (RY) instead of Bank of Nova Scotia (BNS), I would be quite richer. Bank of Nova Scotia (BNS) proved to be just a garbage shit stock, driving me no where. Just disgusting. If could physically hit on a stock and make it eat some dust, that would be BNS. I hate my BNS stocks to the point where I am thinking about selling the BNS stocks I hold inside my non-registered portfolio to pay down my margin. Such move would reduced my margin debt to only $36,000. The other side is that BNS pay a nice dividend and I wouldn't like to say goodbye to BNS really nice dividend distribution.

On a higher note, my non-registered portfolio closed today session at $105,420.23, my TFSA portfolio at $89,148.48 and my RRSP portfolio - stocks only - at $48,480.40. I now have closed to $500 in cash balance inside my RRSP portfolio. I will be able to make a new investment soon.

 

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