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Saturday, December 17, 2011

Look who has a non-registered portfolio worth 110 554$!

Of course, that person is ME! This is quite good compared to the 109k of a couple of days ago. My newest investment in Agrium Inc. (AGU) is performing well. Overall, my situation is improving. Currently, in my non-registered portfolio, I am experiencing a loss of 7 246.30$. I had invested a total of 117 800.30$.

117 800.30$ - 110 554$ = 7 246.30$

Not too long ago, the capital loss was only of 5k. It’s doesn’t take that much in order for me to stabilize the situation. Once the market rebound, that 7k capital loss will simply not be there anymore. This is paper stuff related.

I am not experiencing a direct capital loss of 7 246.30$ in my portfolio. A capital loss is direct when it results from the sale of stocks. However, while holding, everything is possible, especially with a blue chips oriented portfolio. And that’s exactly what I am looking into: to get a maximum of high quality Canadian blue chips in my already super-super portfolio to stabilize the value, upgrade the dividend income and rock the TSX ok.

While facing capital loss in stuff you hold, it’s really important to analyze the situation. With my actual position, I feel comfortable. I can go to work during daytime and I know for sure that my portfolio value won’t collapse overnight. Fact is, we live in a capitalist system and retail investors like you and I need to take advantage of the shitty system. Being exposed to the stock world involved dealing with a lot of risk, but it’s also rewarding. However, it takes good nerves to be able to support the market volatility. Just that part will decide if you are going to win or lose on the market. For 2011, I am not winning, but I am established for the long term. And while waiting for my portfolio to BOOST in value, I will simply to another thing that I do best: I will just keep the entertainment ON.

Thursday, December 15, 2011

For 2012: a net worth of 100k and a portfolio value of 200k

With the help of my latest investment in Agrium Inc. (AGU), my non-registered portfolio closed the day exceeding the 110k. It takes a LOT of money and a LOT of investments to be able to make it to the mark of 110k. It’s not getting any better and I have a feeling that I may have to close the year on a negative note. However, the recent blue chips I add on lately, like AGU, CNR, TRP and ENB, just to name those few, increased my chances to be able to register great gain. But that will have to be considered for the long term only.

2011 had been a chaotic year. I will remember for a very very long time the year of 2011. The first year of a new decade. Very complicated, complex year overall. I had invested a lot of money. For a little while, my portfolio was doing very well. But during the year, there’s been a couple of crash, and my portfolio got badly hurt. I think I can possibly get a net worth of 100k by the end of 2012 and, why not, a 200k portfolio value.

One of my best investment moves of 2011 would have been certainly in Canadian National Railway Co (CNR). I initially invested in CNR when the stocks were only at somewhere to 65$. Westshore Terminals Invest Corp (WTE.UN) and WesternOne Equity Income Fund (WEQ.UN) were also 2 very good investments.

Financially speaking, the most significant event was the proposal made by the Maple Group to acquire the TMX Group (X). The whole thing is pretty much disgusting and the closure of the deal is being pushed every 6 months. Instead of giving a reasonable delay, like one year for example, the TMX prefer to treat foolishly its investors. Well, I am going to tell you, at this point, if the deal go through, I will be cashing in a 50$ per stock and if not, I will just keep TMX in my portfolio. TMX dividend is not exactly awesome, but is quite reasonable and X had earned great value this year. The TMX Group is not a very well manage company, but you need to take your chances on it like I did. But I wouldn’t recommend you to invest in TMX Group (X) at this time because its situation is far from being reasonable and stable. You can get better for your money.

Liberal MP Justin Trudeau: another Quebecker full of sh*t

For those are you who are strictly interested in this blog because of my wonderful super-powerful investment abilities, the following post is not for you. I must admit, the title of the present post has exactly the kind of PUNCH I am looking forward to have on this blog. Here are the facts: I am the anonymous blogger looking forward to provoke readers with my bad writing and a “graphic language”. I even prefer “coarse language”.


Your better stick to your words or I won't vote for the Liberal Party ever again of my life!

On the other hand, Justin Trudeau is a political figure who’s supposed to know how to behave publicly. However, seem like Justin Trudeau is opting for a provocative behaviour that is not ok for an MP to have. If you haven’t heard about what happen, you can read about it here.

Justin Trudeau doesn’t work hard for his money. No matter that he work well or not, he’s getting paid as long as he’ll be an MP. Look at his fresh face, wrinkles-free. I mean, that’s not the face of a hard working man who knows how to behave in the House of Common. Justin Trudeau has a baby face. The face of an immature man.

Do you really want an immature man to become the leader of the Liberal party? Come on!

You need to face adversity in loyal manners if you want to become a leader. Justin Trudeau should take example on Barack Obama. Gentle and kind, totally in control, but fight likes a bulldozer. Actions can change the world. Not bad words.

Justin Trudeau is desperately in need of attention. Desperately in need of media-people attention. Want to become a leader? BACK OFF. I don’t want a Quebecker full of what you can imagine to become leader of a federal political party.

Leave the coarse language to bloggers, Justin Trudeau. Learn by your mediocrity.

Wednesday, December 14, 2011

Welcome in my investment portfolio Agrium Inc. (AGU)!

Ok, I know, with this week pay cheque, I was supposed to convert Canadian dollars into US ones and following what, I was supposed to invest in a US blue chips. That was actually BEFORE the TSX began to drop some points AGAIN.

Because of my margin situation, I need to be very careful the way I handle my finance. I really need to add up to the value of my non-registered portfolio. That way, I decrease my chances to get a margin call or worst, having part of my precious portfolio sold out. I don’t have too many choices, I need to pay off my margin or invest in Canadian dollars. I decided to invest in Canadian dollars. That’s how I invested in some stocks of Agrium Inc. (AGU) at 67.20$. AGU closed today session at 67.13$.

A sign that this worldwide economy is in a real bad shape are the numbers coming directly from the U.K. Personally, I always taught of the U.K. as being one of the best economies worldwide. But seem like no one can go intact of this bad economy. According to the Globe and Mail, Britain’s unemployment rate hit its highest level for 17 years!
Too bad. Love those British people!

While having those things in mind, it’s important to adjust to the overall situation. It was a good idea to get more of those fantastic US dollars – I was certainly happy about the idea – but with those circumstances, I preferred to stick to Canadian stocks.

Sorry US dollars!

My investment made in Agrium Inc. (AGU) today is close to 1 000$. This amount only provides me a couple of stocks – even less than 20. But no matter how much stocks I hold of AGU now, AGU certainly bring a nice diversification in my maybe too pipeline oriented portfolio. Agrium Inc. (AGU) is a potash producer. The company announced today an annual dividend increased from 0.055$ to 0.225$. Nice, but Agrium Inc. (AGU) dividend is not exactly what I will name as being generous.

However, I think that Agrium Inc. (AGU) can bring a great deal in my investment portfolio.

Also today, Agrium Inc. (AGU) announced that measures had been taking for the company to increase its potash production of 50%. That’s quite something right there.

Overall, AGU chart is impressive. In the past 52 weeks, AGU lowest value had been of 63.93$ and highest 98.02$. I place my trade at 67.20$. At 67.20$, I am not that far away from AGU lowest value of 63.93$. There could be some volatility on this stock, but the try really worth it. Imagine if my stocks reached one day 100$! My investment in AGU could turn out to be very lucrative in the future.

Even following this new investment, my overall non-registered portfolio value is under the 110k. Sad but at least, I am still holding to a job. I am not from the statistic. At least for now.

Monday, December 12, 2011

Remember the name: XOXOX

Want to get another proof of Quebeckers very limited intelligence?

Ok, here we go again.

XOXOX.

XOXOXO is the person from Revenu Québec who’s currently reviewing my 2009 tax declaration. I have absolutely nothing to hide. I don’t have any problem at getting verified, but please, don’t act stupidly. I generally make 40k+ a year, quite not bad salary. The woman is going to get the hell of a job to do on my declaration because while living in Quebec province, I had been working at different jobs at the same time, on top of that, I had a mix of investment incomes, RRSP contribution, TFSA, I also had a little income coming from this blog. Absolutely EVERYTHING had been declared. Absolutely everything. I am clean. I am not into dope. 2009 had been quite a good year financially speaking.

I am not a cheater. I am not a liar. I am like that on this blog and as well as in life.

I am perfect, just like my investment portfolio is.

I am not that perfect actually. I cannot take any bullshit coming from Quebeckers!

I had received a letter from that lady asking me to get a letter from the insurance company I had at the time. It’s concerning my contribution to the Régie de l'assurance maladie du Québec (RAMQ). She wants to know how much the insurance company had contributed to the RAMQ. In English, you could translate the RAMQ by the provincial health insurance.

I unfortunately lived in Quebec province for many years and I know too well that their system does not worth shit! No want can actually came here and say that I am saying wrong about this! You really need to experiment Quebec mediocrity by yourself to have a real sense of what the shit is all about.

While living in Quebec for several years, I NEVER had the chance to benefit from the health system. I never been to the hospital, I never been able to find a family doctor, I NEVER had my annual check-up down, I NEVER went to the CLSC, I NEVER went to a Quebec hospital of my life, NEVER. I NEVER received any services coming from the Quebec provincial system.

I am very lucky, I am actually NEVER sick. I am a kick-ass investor and my “ass” is in good shape thank you very much. You don’t know what you read here until you get a real sense of what this whole blog is all about. It’s about money, it’s about power, it’s about being Canadian.

I don’t want to have anything to do with a province that is not loyal to Canada. Fact is, Quebec province cannot handle its provincial health system. I had paid for a service that I NEVER of my years living in Quebec been able to benefit. And now, those idiots of Quebeckers are asking me a proof that I had paid for a service that no one allow me to benefit!

What the hell!

Only Quebeckers can be that dumb.

The letter include my social insurance number. Not very intelligent to add in a letter my social insurance number.

What I am going to do is fill a complaint and ask why I am getting verified over a service I never been able to benefit. I am going to sue the poor Quebec government with a small claim just to really pissed them off. You’re not going to pissed on me but on yourself!

Quebec system is all fuck up. Living in Quebec was a total waste of time for me. The taxes are extremely high and on top of that, the social environment is crap.

To XOXOXO; go check the 2009 tax declaration of Brian Mulroney to see if he had steal money from Canadians once again!

Check declaration of criminals like Brian Mulroney but don’t after me playing it smart with you RAMQ.

I am not a criminal and the RAMQ had been paid by the insurance of my employer.

Stay away from Quebec province if not, the same thing could happen to you!

Sunday, December 11, 2011

Want to get EXTREME about dividend investment?

I have this reader that I name in here as being the mountain lion hero (killer). You got to read about this one if you ever had. It happens that the mountain lion hero is quite of an interesting sophisticated investor.

One day, following the sending of what I will call “junk mail”, I asked him if he had anything related to stock to send me as info instead of his junk mail lol. It turns out to be a completely hilarious email from my part, of course. And I think he found it quite funny because the reply I got from him was just fantastic.

I did even worse than this once. A man sends me an email one day and without knowing more about him, I simply reply the following:

WHERE DO YOU LIVE AND HOW OLD ARE YOU?

:0)

This is exactly how I make male readers go crazy about me.

It’s not anytime soon I am going to show part of the beautiful me on the Web, so I have to find away, other than money, to get the attraction and interest going.

Ok, so here we go. Are you ready?

I am just going to copy and paste the fabulous content. I don’t feel like writing much, I didn’t have breakfast yet.

The hot stuff is in here:

“OK my girl.....check this out....

Call these up and look at the yield: (HEE) (HEJ) (HEX). These are "Covered Call" ETF's. The yield varies from month to month.........Highest yield yet was for (HEJ) in November 36% (yearly)

Don't jump in until you study how they work for a few months

Here is my tracking on (HEE)

Horizons Enhan. Inc En (HEE) Monthly Dividend paid shown below
Nov $1.56/yr (21.09%) or $0.13011 for just that month
Oct $1.66/yr (21.58%) or $0.13886 for just that month
Sept $1.59/yr (21.06%)
Aug $1.42/yr (18.81%)
Jul $1.50/yr (19.87%)
Jun $1.46/yr (19.34%)

Here is my tracking on (HEJ)

Horizons Enha. Inc. Intl. (HEJ) Monthly Dividend paid shown below
Nov $3.50/yr (35.55%) or ($0.29135) for just that
month
Oct $2.77/yr (26.88%) or ($0.23112) for just that
month
Sep $0.92/yr (16.21%) or ($0.07639) for just that
month

Note: the yearly dividend amount is theoretical and is 12 x the actual dividend paid for that month so:

(HEJ) paid $0.29135 for the month of November so for theoretical yearly numbers multiply this by 12 and this gives us numbers that can be compared to other stocks and ETF's - all of which are shown for a year.

The calculations have to be performed each month because of different cash payouts each month.

Here is the website to explain how the energy one works: “Horizons Enhan. Income En. ETF (HEE)”:

http://www.theglobeandmail.com/globe-investor/markets/stocks/summary/?q=HEE-T

Go here to see ALL Horizon dividend payouts to compare (it's an address not a link - you will have to copy it and paste it to the address bar in your browser)

http://www.theglobeandmail.com/globe-investor/news-sources/?date=20111020&archive=cnw&slug=C6232

The rest of his email was regarding his junk content he had sent previously. But just if you want to know:

“"Meat Glue" itself isn't unhealthy.......But when it's used to make a "pretend" steak you must cook it to at least well done or the bacteria trapped inside could survive and you could get sick from that.”

Meat glue is scary.

What do you think about the stuff of the mountain lion hero? Pretty impressive isn’t?

His ETFs are in US dollars.

Cold weather this morning in New Brunswick!

Ok, watch it for yourself....





This is unbelievable!

It wasn’t that cold in Montreal for sure! Last year, I spend the whole year, including the winter season, without my usual monthly metro pass. I walked 45 minutes to go to work. It was a great way to keep in my pockets 70$ and on top of that, I was exercising daily, walking closed to 2 hours a day.

I don’t think I could do the same thing here in this X town of New Brunswick. Terrible cold weather and despite being a REAL Canadian, I never of my life got used to the cold weather.

A -18-19, is EXTREME.

But me aware, this week is going to be extreme as I am going to convert some Canadian dollars into US ones and we’re certainly going to invest in some USA blue chips!

Saturday, December 10, 2011

The American Dream or almost

Yesterday, I went for a visit to the country of Barack Obama, Lady Gaga and Annie Jean!

:)

That’s right, yesterday, I went to the USA!

I didn’t went for a good 10 years+, because I was away. But while being back here in my hometown, I find it nice to own a passport to cross board like in the old days. Old days that are not that old. You can read about my cross boarding adventure right here. Also yesterday, I received 31.32$ in dividend from Fortis Inc. (FTS). Nice!

Following what, I had an idea about getting more US dollars in my portfolio. At this time, the exchange rate provided by my TD Waterhouse broker account is the following: $1.00 USD = $1.0325 CDN. A $1,000.00 CDN worth $968.52 USD. Not bad, but we had a better exchange rate for our Canadian dollars before. I want more of those:



For the past couple weeks, I didn’t invest. I had no idea what to do with my money. Getting more US dollars could be a good idea and it’s time more than ever to get some US dollars before it gain more in value. I am really happy about my finding. It took a trip to the US to get a plan for my money.

Hopefully, I will invest in US blue chips and get super rich, the American way.

Thursday, December 8, 2011

Why you shouldn’t be investing in BCE Inc. (BCE)

At this time, I am in a phase were I don’t know what to do with my money. I use to invest every months or so whenever I had money available. What happen these past couple days is that I have money available, but I no longer know in what to invest. Because of a margin account situation, I always invest in my non-registered account. Forget about TFSA. The ultimate goal had become to keep me out of a margin call. Also, because ambitious has no end, I also want to see the value of my margin account increased and of course, I also want to see the value of my portfolio increased.

Overall, the fun is to invest-invest-invest! Part of this certainly comes from the fact that I have a small net worth (close to 70k at this time). For someone of my age (31), a 70k is really not that much. However, that 70k satisfy me. At first, I only wanted to invest to have a bit of cash on the side. But years past – maybe too quickly – but I realize how easy it was to build a portfolio. So I just never stop. At least until recently. It has become more difficult than ever to find something to invest in. A reader has suggested Visa (V). Nice idea, but Visa trades in US dollars. I am exclusively looking for real Canuck stuff at this time. Don’t forget my margin situation in my broker account please.

Ok, so all this to say that despite not knowing in what to invest new anymore, well, today, I learned that BCE Inc. (BCE) had increased its dividend of 5%. However, BCE Inc. (BCE) is of noooooo interest for me. Why? I am going to explain, as always. You know that this is the blog to read when it comes to personal finance right?

First of all, BCE Inc. (BCE) headquarters are located in Montreal, Quebec province. What you need to know is that Quebeckers are extremely selfish individuals. There’s a lot of corruption going on in Quebec, we recently saw that in the construction sector and even more recently, in Quebec public kindergartens. In Quebec, citizens accept living in corruption. You’ll learn about their corrupt system in the news. That’s because they are proud of it. They are proud of their shit like I am proud of my 70k net worth. Quebeckers like to expose their corruption, but they are not willing to see it change.

Quebeckers are not good Canadian citizens. They are cheaters and liars and have to respect to Canadian roots. Bloc Québécois, Parti Québécois, Pauline Marois, Gilles Duceppe, just to name a few organizations and a few names, just a few examples of Quebec misery, cheaters to the Canadian country, not loyals, cheaters, liars, corruptive. In their willingness to succeed, Quebeckers messed out badly. In Quebec province, the Québec sovereignty movement is getting stronger.

As an investor, it’s extremely important to know exactly what’s going with Quebec province.

Are you going to invest in companies located in Quebec knowing exactly how badly that province is manage. The massive part of Quebec is not proud of being part from Canada. Our dollars are Canadian dollars. It’s more than important to keep investing exclusively in companies located outside Quebec province.

What’s going to happen once Quebec will become a country? If you invest in a company that has its headquarters in Quebec province, you increase your chances of losing all of your capital. You are investing in a province that doesn’t believe in the power of Canada. You are investing in a disrespectful province. In a province of cheaters. From my experience, all the companies based in Quebec province that I had invested in haven’t performed too well. Need an example? Yellow Media Inc. (YLO). Timminco (TIM). Those were 2 disastrous Quebec stock pick.

Don’t take your Canadian bucks to increase the capital value of Quebec province. That will be very wrong.

One day or the other, BCE Inc. (BCE) will decrease in value. And when it will happen, I will be protected because I do not hold any BCE stocks in my portfolio.

Invest safely and wisely. Canadian bucks need to remain FOR and IN Canada for Canadian companies.

Forget about BCE. It’s recent dividend increased is just a tactic to distract investors from the fact that the company is located in Quebec.

Wednesday, December 7, 2011

On how to deal with the market volatility without going nuts: a study case with Just Energy Group Inc. (JE)

There’s something I have in mind as post idea that I wanted to share for quite some time and I think that now than ever than before, this is the perfect time to write about it.

I am a HUGE Just Energy Group Inc. (JE) fan. I don’t know if someone can really be “fan” of a specific business, but I am a fan of Just Energy.

You really have to read about Rebecca MacDonald here and there on the Web because her business story is closely related to the journey that all began when she left her country for Canada decades ago. Now, new players had been added to Just Energy management, but it’s always the same company. On her first operational year, Rebecca MacDonald had recorded a profit of 35 000$.

Years later, it’s now millions and millions of dollars that this woman worth. More than just a personal story, Just Energy is a successful business story. I had been holding Just Energy for quite a while. Months after months, the dividend payments are steady and reliable. Even recently, the company announced their decision to keep their 1.24$ annual distribution intact. Nothing is guarantee, but base on my past experience with JE, the company is reliable.

More than one time, I had received special dividend payments of Just Energy. MORE THAN ONCE.

For strategic reasons, Just Energy had decided to extend its successful business in the USA. That move was quite brilliant coming from Just Energy because once the US economy will rebounded, Just Energy title will also rebound. Simple is that. This is my view of JE situation at this time.

You need to decide now if you are a believer or not.

The past couple months had been rough for Just Energy Group Inc. (JE). The company had fall from a 13$+ value to 10$. Other good stocks from my portfolio had been through the same rough time. They are Pengrowth Energy Corporation (PGF) and EnCana Corporation (ECA), among other. For a reason or another, because of a mix of factors and circumstances, stocks like Just Energy go through a hard time when the economy is unstable.

Is it because Just Energy had fall from 13$ to 10$ that it mean that JE had lost all of its value and security? Is it because EnCana Corporation (ECA) had fall from 30$ to 20$ that we need to sell the stock in a rush? Is it because Pengrowth Energy Corporation (PGF) had fall from 13$ to 10-11$ that you need to sell the stock?

COME ON! JE has debt like I have debt. Does it necessarily mean that I am not financially wealthy? I don't think so. It's all a matter of point of view.

What I really wanted to share is this: Your immediate reactions while facing the market volatility will determine if you are going to be a successful investor or not.

I don’t have many years of experience as a stock investor, but overall, I now been investing for the past 7 years. For stocks, it’s been 4 years. The past 4 years had been full of experience. Imagine: I started investing in stocks in 2008! Do you remember what happen in 2008? In 2008, the world economy collapse and I wasn’t ready.

Just before the stock crash of 2008, I had invested 5 000$ of my hard earned money in Sprott Inc. (SII), 10$ per stock. I had pitched 5k of my very own money in one single stock! Why? Because I was and I am still am a Sprott Inc. (SII) believer. Following the stock crash of 2008, Sprott Inc. (SII) valued went down under 5$! If I remember well, it even went, at a point, under the 4$ per stock! While facing this enormous capital loss in my portfolio, what have I done? I HOLD. I hold because for me, it was very cleared that SII was being a victim of the crash.

So here come the main point, to be a successful investor, you need to be able to deal with the market volatility. If I would have sell my SII stocks during the 2008 stock crash, I would have lost thousands of dollars! You need to be able to tell the difference between a stock being victim of the worldwide economic situation and a trouble stock.

A stock that is simply a victim of what’s going on around it has the ability to rebound when the stock market will gain points again. This is what stocks like JE, PGF and ECA just to name a few are in at this time. Don’t ever sell a stock that has the capacity to rebound. It will be a huge mistake and you could not be able to ever recover from your capital loss because if you sell, the capital loss isn’t going to be just paper stuff related, it will be a real registered capital loss, the real big deal.

In the other hand, a trouble stock is a stock that cannot handle itself. The best example of a trouble stock would be Yellow Media Inc. (YLO). I had some YLO stocks that I sold a couple of months ago at something like 5$ per stock. Following what, YLO had become a penny stocks. Yellow Media Inc. (YLO) now trade at less than 30 cents per stock. This is what I call, ladies and gentlemen, a TROUBLE STOCK.

Now, it’s not always easy to get if a stock is just being a victim of a situation or if it’s a trouble stock. I admit that of course.

From my experience, I haven’t got too much trouble finding out, especially following my learning disastrous experience with Timminco (TIM) that I wrote many many times about. You can do a search in the search engine located at your right if you are willing to learn more about my experience with Timminco (TIM).

I still hold Timminco (TIM) in my portfolio and the current 4k capital loss that I am experiencing in my non-registered portfolio is coming from Timminco because I had lost 4 000$ in that investment. But that’s how it went for. Even following the Timminco disaster, even following the 2008 stock crash, I had been able to recover. Being able to recover mean being able to recover from capital loss, it mean being able to make it so the capital gain exceed the capital loss. It’s not something easy to do, but I did it more than once and I can certainly do it again.

It’s not easy to invest in stock, but it’s not difficult either.

Overtime, I came with a few real basics rule that really help me to build my capital.

We can discuss a few of them. It’s nothing magic, real basic.

Don’t invest in penny stocks. From what I remember, my investment in DNI was my last penny stock investment. It turn out that I did pretty well on it – but that been AFTER 2 years of holding. From my experience, penny stocks are not very healthy to hold and it’s not the kind of stock you can buy to build up your capital. Avoid penny stocks.

No no to day trading.

Day trading could seem appealing. If you like the stock market as much as I do, you’ll probably, once of these days, try day trading. I experience a capital loss of 1 000$ while day trading. I share it all on my blog. It happens this past summer. I was successful with a couple of trades, but at the end, lost a 1k and I end it there. If I would have continue, I maybe would have able to recover.

Only problem being that I find all of the day trading activities related extremely difficult and at a point, I was getting very tired. I was working at night and during the day I was in front of my laptop all day long. The market was difficult to follow. Not to forget that in the beginning of August 2011, we had another stock crash. It all really burn me and I didn’t want to continue. I felt my life was losing all meaning and I was completely drained.

The stock market will continue to be difficult, you can be sure of that. These days, nothing is stable. The market is playing the yo-yo on and off. It’s exhausting, even while being outside the day trading game. Better to play it safe while investing in stock. Day trading is out of the question.

Diversify, diversify, diversify.

Diversify in different companies, different sectors. Gold, silver. Invest in all. go baby! :)

Also, don’t invest too much of your money in one single company.

Among the way, you may like to invest in GICs and fixed income and/or left something in your banking account to have money aside in case of need. It could happen that the market is down when you need to cash out your stock. And you certainly don’t want to experiment a direct capital loss and you certainly don’t want to sell any of your stocks anyway.

Don’t over-push it. Don’t feel like investing? Well, simply don’t invest. Don’t rush anything. It's ok not to invest. Take for example Jean-François Tardif who had said, not too long ago, that he only invested 30% of what he owns in cash! I finally come to a point where I accept the fact that I may not going to invest anymore.

This is something specifically related to my own situation. I had been investing for the past 7 years, 4 of those last years in stocks. About 2 weeks ago, I had some money to invest, but for the first time ever, nothing interested me. I didn’t feel like investing. I didn’t find anything new to invest in.

Following what, I stop my search and simply decided not to invest. I am going to receive my paycheck next week. And again, so far, no new stocks ideas had tempted me, I am not falling for anything new.

Not that I have the best portfolio you can ever, but personally, I have invested in everything that I ever wanted. I don’t want to invest more in any of the stocks I hold. When I invest, I always try to get something that is not currently from my portfolio. I always try to get something new. So because I had filled my stock aspirations, I can pay off some debt of mines and stop my search. Maybe something will come among the way. Maybe I will invest in BA, POT or Canadian Tired some other time but right now, the excitement is not there. I don’t feel like it at all.

Is it a good or a bad thing? I don’t know, but at a point, the necessity to pay off some debt is there. If I can reduce my debt, the 7k in dividend income will be net no interest to be paid on debt. So that’s where I am at now. I don’t have any more stock aspirations and I am slowly getting use to the new situation.

I pretty much wrote all of what I had in mind for tonight, if not that if you feel like investing, you may want to exclusively focus on blue chips. Don't focus too much on the dividend you are earning. It's not overnight that you are going to be able to stop working anyway. Be happy at work even if you don't like your job (I know something about that!).

It's all a matter of artificial intelligence. Consider yourself lucky to be alive, to be living in a peaceful country like Canada (if you live in here of course), to actually have a job, consider yourself lucky to be able to pay your bills. go to work each morning with a big fake smile on your face and you'll see, people won't even think of the smile as being fake because don't overlook at each other. Gotcha?

I know investing can be difficult, but simple tactics can help at the end. I think investors have the responsibility to think for themselves and have to seek for answers. Remember that at the end, you have the ultimate power of decision. To hold, buy or sell. All that cash is yours after all. Show it all and make something better than any BMO Bank of Montreal (BMO) staff.

Go for the WOW factor.

Fight for your own rules and make it happen.

And now, what are you waiting for?

:)
 

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