Canadian National Railway Co (CNR) as next investment

Now this is a real stock crash! But it’s just “another” one. Today, the TSX lost close to the 400 points. This is much more than a little correction. It’s a stock crash. August had been rough enough, but seem like investors are under deep panic and the fear of a global recession is driving the market crazy. Currently, my non-registered portfolio is at a very low 102 780.02$. Usually these days, I was around 107k. Despite being a very beautiful day, at least here in New Brunswick, well the day had been difficult for my portfolio. I was at work, but I gave a quick look at the market and gees, it wasn’t easy to watch. So I quickly moved on to something else and that was it.

Fact is, no matter what, I believe that we are right now in a global recession. It’s not something I myself fear. I am not afraid, but of course, I worry for my investments. I don’t plan to sell anything. The crash of today is enormous and time had come to do something I wanted to do for a real long time: to invest in Canadian National Railway Co (CNR).

Back in August, following the crash, I invested in TransCanada Corp (TRP). TRP closed today session at 41.30$ (+0.10%) and Canadian National Railway Co (CNR) at 65.82$ (+0.26%). And that being despite the fact that the TSX lost closed to 400 point. It’s something that needs to be kept in mind. No matter how bad the market reaction is, CNR and TRP are not being affected by the recession we live in. 

I am fully invested and I always put on the market everything I could. From my point of view, this is the best way to create financial health overtime.

So tomorrow, I am going to boost the Canadian market of a few hundred dollars by investing in a few stocks of Canadian National Railway Co (CNR).