A series of bad news
for the world recently – but nothing concerning me directly if not just a few
things. Nothing seems to come to me in term of catastrophic events. The worst I
went through is when I got the flue a few weeks ago.
I knew the situation in Detroit was catastrophic, but I
taught things were getting better there. Anyway, the city is about to go under
bankruptcy. Obama seems to be quite upset over the Republicans. Some major cut
are about to happen and it could affect the ability of the US to fight back the
recession. I am a Republican hater. But right next to where I leave in New
Brunswick, in the Maine, I think I am not mistaking if I say that the Maine is
Republican. Just next to home, the evil Republicans are forcing Obama to accept
things he doesn’t want to hear anything about. We have to remember the
Republicans as the biggest gang of bastards of the 21th century and we have to
remember Barack Obama as a black angel who tried to do everything he could to
beat them up.
And as for me, well you know how it goes. First of all, I am
just glad another week end at work and I am celebrating another weekend! Wouldn’t
be nice for me to enjoy EVERY single day of my fucking life like a weekend day?
I read back a book of Derek Foster yesterday evening, the Healthy boomer. I do
not worry at all for my retirement years because I am already rich of a couple
of thousands and it’s enough to satisfy my taste for money. Right now, I am
trying to go back to my roots, to get back in control. I try to get back to
where I started being successful by investing in stocks. I kind of sort going
in all kind of direction among the way since my first investment move in 2008.
But knowing the first stock I ever invested in was Sprott Inc. (SII), well you
know, it was pretty much revealing of what was going to happen next in my
investment, just like in my sexual life.
But like right now, I am my worst enemy and I am my most
most best best friend. The stock market is very terrible at this time,
especially the Canadian one. My non registered portfolio is at $122 122, which
is a little loss of -1.41%. The amount left on my margin is $14 414.70 – very
close to the minimum required I fixed myself, 15k. Experiencing a loss of
-1.41% inside my complex non portfolio is just reflecting how good of an investor
I am really am (I can hear you screaming right now, my bunch of little
haters!!) lol.
Let me explain at least why I am that so extraordinary
investor and why I didn’t lost it all. I am extremely fortunate to only
accumulate a decrease of -1.41% inside my non registered portfolio. Lately,
Just Energy (JE), and more recently, Atlantic Power (ATP) have accumulated
massive lost. But no matter what, my portfolio is stabilized. I own the
stability to massive investments made in FTS, CNR, MX, KBL, PPL, CDL.A, CU, AGU
and I could certainly name a few others. This lost of only -1.41% is even more
interesting knowing that I haven’t invested lately inside my non registered
portfolio. But I did invest inside my TFSA.
I am an extraordinary and massive investor because despite
so-so investments like DGI, ATP and JE, my portfolio is able to take down the
hit and doesn’t even go behind the -2%. This is for me very incredible. While
noticing the massive lost in ATP, I taught I was done. I taught it was going to
be over. I was at work and I didn’t have time to investigate and think of my
portfolio that much. But I knew I was experiencing massive loss on ATP. Having
a 9 to 5 job and a portfolio of a couple of thousands dancing on the market is
not the always easy because you lose that real time connexion with the stock
market. It is not pleasant.
So at first, big time loss with DGI, after JE, and following
that... ATP... OH MY GOD. And it’s because that same God that my portfolio is
so well established. I must be protected. I work between 40 to 50 hours a week these
days and a little taste of freelance. I don’t have all day to spend at reading
the result of my portfolio. So see, God really exist. If I would have bought a
condo in Montreal, it will have lost like 15% of its value by now. Real estate
in not something that is in my sector. Too much money is involved. Real Estate
investment is for the real rich, not a little investor desperately trying to
get there. See what I mean?
I think that for young people, investing in a condo is the
worst investing move ever. It makes you a slave of the workplace and following
what, you are stuck with MASSIVE obligations. Banks are not giving gift.
Mortgages are a financial product design for banks to make MASSIVE money on the
middle class, dreamers who want to have their own place. It simply doesn’t
worth it. I already have all figure it out. And for those of you who are enroll
under a mortgage, POOR YOU. You are a slave to the workplace for the rest of
your working life. You cannot do both, you cannot pay a mortgage and invest at the
same time, it’s simply impossible on a 40k to 50k salary. I am really here to
bash down real estate investment.
I am confident my non registered portfolio is strong enough
to take any future market hit. I case of needs, I have like 25k+ available on my
credit line. That’s why I will continue to invest inside my TFSA probably for
the rest of the year. The risk is calculated. I have plenty of contribution
room for my TFSA. And I even have my next investment in mind and ready to be.
Even if you are on a margin like me, it’s extremely important to take advantage
of your TFSA. I like to play on the market, I invested on margin, I sell on
margin. I used my margin money to pay off some debt. There’s absolutely nothing
I haven’t done on margin. But the money had been well spent (most of the time).
The margin money never been spent over trips, jewelry,
clothes or anything else mystified as luxuries. You have to remember that I am
just very smart, that’s why I am just so plug in over Derek Foster. Your
success simply depend on the faculty you must have to be able to tell who’s
good and bad ones. It’s absolutely normal to fall on those, the sixth sense is not
a sense that is always 100% accurate. But at least, TRY.
A sense of personal perfection (I am saying a sense and not
simply perfection because perfection doesn’t seem to be in me and from this
world) is absolutely essential to be able to beat up the market difficulties
like a sexy cougar. There’s one boss on the stock market and that boss is the
individual investors. It doesn’t matter that much that my non registered is
experiencing a loss of not more than -1.41%
IT WAS A HOT ONE. A VERY HOT ONE.
My next investment: Brookfield Renewable Energy Partners LP
(BEP.UN)
There’s nothing I like more than investing in different
Canadian stocks. Remember my investment in Hanwei Energy Services (HE) that
went really bad? I invested like $500-600 in that company a few years ago and
now that investment worth not even a one hundred $. Back in the days, I
invested in Hanwei Energy Services (HE) believe its line of business really
appeal me. China, clean energy power, pipe... Hanwei Energy Services (HE)
involvement in China is what was the most impressive to me. I didn’t make any
money from the investment yet, but I continue to hold because I still like Hanwei
Energy Services (HE). I am happy to have it in my portfolio despite the few
hundreds loss. SO go Hanwei Energy Services (HE), go!
What’s the relation between Hanwei Energy Services (HE) and Brookfield
Renewable Energy Partners LP (BEP.UN)? Well, BEP.UN is what HE could have been
inside my portfolio. I really need to
focus on stuff that will perform well in my portfolio. I cannot afford to lose
too much on the stock market.
That’s why I began to read over Derek Foster work because I
kind of lose myself among the way. I just want to make sure I back in track.
Maybe BEP.UN is not the best stock ever to invest in but it is my pick. It is
not anytime soon I am going to invest in what the content of the latest Derek
Foster video is about (not to name the stock) lol. I need a bit more than a 1% yield if you see
what I mean. Derek Foster needs to review his stuff. Give me more Derek Foster.
You must give me more.
More seriously, Brookfield Renewable Energy Partners LP
(BEP.UN) is going to be the next stock I invest in side my TFSA. The yield is
reasonable, close to 5%. The dividend is paid quarterly. The 10 year chart is simply amazing. The stock
is a bit volatile, you may want to put it in your watch list, but no waiting
for me, I want it in my portfolio as soon as possible.
For once, Rob Carrick wrote an interesting article in the
Globe and Mail, you may want to check it out.
Posts
25 comments:
stop investing in .UN stocks, all those are income trust lost all its luster, you are just interested in the juicy distribution which is mostly a return of your capital, they are DIVIDEND PAYING stocks in the strick definition...
Hi Sunny-I have an interesting suggestion for you. Why not just invest in the dividend paying companies Rob Carrick recommends? That way if they go down you have someone to blame. Have you ever considered investing in non dividend paying stocks?
MArk
ATP, another one of those bad picks...
haven't you learn your lesson? stick with stocks that have average dividend rates, a good 4-5%, anytime it's 10%+ makes you wonder...and the need to be cautious...
canadian market terrible? a positive return last year... your portfolio is what's terrible... us markets are doing very well for the past two months already...
Snapshot for S&P/TSX Composite Index (SPTSX)
High: 12,819.43
Low: 12,736.13
52-Week Range: 11,209.55 - 12,895.28
Year To Date: +3.14% 1-Year: +4.16%
not that bad return, maybe your portfolio as usual is doing worse than the markets!
Again, I look at what you have, what you write, and how you buy on margin - You have MANY problems looming. The stock market is in for a correction, yet even at this point you are losing - BEFORE any correction.
My portfolio is at almost a 10% gain (without divs), nothing on margin, and think with the correction will fair okay.
Your portfolio does not make sense - let go of your ego, and listen to others who have also posted. You are your own worst enemy.
Wow, you've been reading Garth Turner's blog, haven't you? First recommending preferreds, now bashing real estate. Keep reading! I want to learn along with you!
are you looking strictly looking at yield when selecting your investments? most of them are in the 6+% range... rates really low = red bell alarm, a more reasonable rate is about 3-5%...
The dividend yield of that next investment of mine is less than 5%. So I haven't focus on dividend yield on that one!
Hi Mark,
When I invest in something, its because it has appeal to me. I make my own decision. The only person I will copy the portfolio is Derek Foster.
Rob is nothing more than a financial writer and sometime he's getting interesting. He's not in any way a stock guru.
Picking up stock on the reason that they pay their dividend monthly is a very poor selection choice. Remember, there's much more then money involve. There's the proud of investing in something that have meaning for me. Like JE, for example.
I am not looking to blame anyone when one of my stock goes down. Its my choice, my decision. There's no one else than me sitting on the throne. It is my life.
As for the other commentator, ATP experimented a loss. Everyone have something to learn from this. Every time something like this happen, its scary, its hurt. But I survive, each and single time.
I have develop the ability to response to crash and stock going wrong over time.
While investing, don't expect every single stock to be winners. Its the reason why you have to diversify your asset in different sectors, in different companies and also, its important not to put too much money on the same spot.
Those are the basic rules but those basic rules are extremely important to follow, especially when you like the market so much that you get into the gambling a bit (like my investment in mmp.un).
There's investment move I made that I absolutely know that they are risky, like mmp.un. Some other time, I invest thinking I will be ok, but it turn bad.
And sometime, I am aware of the risk. I am a regular of Susan Brunner blog and I remember reading something about ATP on her blog and it wasn't 100% positive.
But I decided to invest in ATP because of the appealing yield.
I am not the type who's getting away while facing difficulties. I like to take the beast by the corns and shake as hard as possible! You'll always hear about my personal problems and my financial ones for that reason.
And please, don't lie, you like it!
The Canadian market is terrible because it is not steady. Even Jean-François Tardif cannot turn his fund in positive territory. I must admit, I want to do better than what's his doing right now... But we are quite equal to equal right now.
LOVE U LITTLE SEXY COUGAR.
My non-registered is at less than -2%. But don't forget the dividend distribution at least of more than 7%.
Who's smart now?
Mdclarinet,
The blogs I read are the one located at your left. I don't know that guy. I had been a hater of real estate for a real long time. Its not the first time I am posting that I dislike mortgage, I hate those too tinny condos. I had been giving that message over and over again.
If your guy doesn't like real estate, he's just as smart as I am.
I don't look only at yield when I invest. Are you reading my blog or what? I invested in BDI, CGX, TD, REI.UN... those don't have a 7% yield.
I am not exclusively plug in on yield, I am careful, I am diversified. I AM PERFECT.
:))))
Okay so -2%... Does that include the cost of your margin too or is that -2% now lower? If you use margin to get the return, you need to subtract it's cost from your return - aka balance your books baby. I'm up a bit over 10% this year so far without divies as another poster commented, so obviously ther are good investments to be had out there. And to add insult to injury my portfolio returned +15% last year, so again if you keep track off your investments, money can be made, on previous money made - now that's investing - and for the record I own a good chunk of BEP.UN already :) - Cheers.
Hello Anonymous,
If you are earning upwards of 10% return on your portfolio, I am not clear on why you read this blog or "bash" our good friend Sunny.
What is your agenda?
Regards,
MG
bad stock selection overall, enough said
Notice that Carrick's big list of monthly distributors is mainly comprised Real Estate & Trust Units, with a few exceptions. They're the same old suspects. As the first Anon states ROC is often what pumps up the yield...your $ given back. Maybe from a non-reg. tax angle good, from a capital appreciation angle can often be bad. You could buy an annuity with the same effect. You really don't require a monthly income producer unless you're living off of it. DRIPing a monthly producer will increase the frequency of your purchases, but it can also be a wash if the holdings are small. Or you can go purchase a monthly dividend ETF & get the same results with less hassle. Anony-rissoto
Sunny: your buddy JFT has been touting Agellan Industrial REIT, a recent IPO, that he claims to have invested in. Not much info on this REIT. 7% yield. It does say that its looking at investing in US property, particularly Texas. Funny, Sonshine & Riocan have announced divesting or reconsolidating in the same property market. Riocan claims property values have gone up & time to take some profits onto the books. Suspect Agellan is way late out of the gate. Anony-radiatori
It's a good observation. The cost of the margin is not included is the -2%.
BUT - keep in mind that the interest money paid on the margin qualified me to get a tax credit, as well as the dividend income.
Right now, my non registered portfolio is at -1.31%. Not too bad considering the "troublemaker stocks" I hold in my portfolio.
I guess I am a good read, MG, even for people who are more sophisticated. At least, it provide an overview of what to do and what NOT to do... Having access to valuable information, like knowing that stocks like FTS, KBL etc are winners I mean, that's something valuable because you can see the result live in my portfolio. My last post is interesting on that matter. Basically, I help other making better financial decisions, but the problem being that I don't really have someone to turn to when the fabulous me is in need of help.
At this point, I am only at a -1.31%. The problem I have is of this nature: should I sell my holding of DGI and ATP and reinvest in some quality stock?
You bet that now I am forever done with stock offering too much of a yield.
I cannot see clearly right now.
I used to have a DRIP for my non registered portfolio but I cancel it last year when I lost my job. Since I am still employed - at least for now - it could be of a good move to get enroll on the DRIP again.
I read over again the Healthy Boomer of you know who this weekend and it says good stuff about the DRIP. I know the you-know-who is a promoter of DRIP, I just needed to read it for myself again. So yeah, I consider getting back on a DRIP.
I don't know that new investment of the buddy Jean-François Tardif. But I hold one REIT of his: Healthlease Properties Real Estate Investment Trust (HLP.UN). I now hold it inside my TFSA and I am pleased with it.
TD Waterhouse has just modified their DRIP plan (as in broker or synthetic DRIP account). They will no longer be giving a 1% discount on the reinvested price. Makes true (company) DRIPS more appealing from a long term basis for the buy 'n hold investor, as most companies offer a price discount on reinvestment. I only mentioned JFT only cause you hold his fund & he has the unfettered mandate to do ANYTHING he feels like in that fund, without reporting to the unit holders. Anony-provalone
To MG Re: "If you are earning upwards of 10% return on your portfolio, I am not clear on why you read this blog or "bash" our good friend Sunny.
What is your agenda?"
A positive return only comes to those who do the research - Sunny has great ideas but does not always execute in the correct manner, or with proper fore thought. I read many blogs and learn a little and give a little to each of them. I hold several stocks Sunny holds, but bought maybe a different times, as i have learned to somewhat market time my purchases. Shorting some are not out of the question for me either... I don't believe I am bashing Sunny at all with these comments or previous comments I have made. My commnets are intended to open her mind to other things, and know that with proper research eventually the riches come, and keep coming. So to what is my agenda - educate, and be educated - If I stay in my own numbers world thats fine, but the more I listen the better I become, and there are lots of really good comments made here that make me think about how others invest. Keep it up Sunny, Cheers - Phil
Re Sunny: "I help other making better financial decisions, but the problem being that I don't really have someone to turn to when the fabulous me is in need of help." On this you can always ask questions in your posts about hings you are trying to find out... I really enjoy blogs that pose open questions of these sorts, as the comments are ususally quite insightful and help me think about my perspectives on things - Cheers.
Re: "Should I sell my holding of DGI and ATP and reinvest in some quality stock?" IMHO, DGI I would sell - i just don't see it as a growing business, so migh tbe best to just cut the losses on this one, maybe wait for a day like today where the stock has an up day... ATP, well that one many knew something was coming, just most did not expect the magnitude of the cut. ATP I would hold to wait for the dust to settle on. I think it is oversold, and will rebound a bit before it settles, then maybe sell and jump to a new train. Please kenow that i am not a certified, finacial guru or even close to the like, I just like playing with numbers and trends. - Cheers.
http://seekingalpha.com/article/1243561-atlantic-power-a-tale-of-misinformation
Sunny,
An annuity is a NO NO!
you state "So see, God really exist"
Because of outcomes that benefit you or make your loss 'appear' less harsh in no way proves or even touches deductive reasoning that a [god] exists. Your article is no different with the omission of such erroneous statements.
Anon: Annuity is a no-no? How so. It serves a specific purpose of a quantifiable steady guaranteed (or almost guaranteed income from an actuarial viewpoint). When you collapse your RRSP you'll set up a RIFF or annuity, or usually both. Canadians without private pension plans can set up a plan that grows (Sask pension, that we've previously discussed)to pay a life annuity at a future date (ie. retirement). Annuities have a function. So do seg funds. Maybe not to you, maybe not right now, but they are important as a stream of income. Anony-mortadella
If you like Brookfield, why not also look at BOX.UN which has a 4.3% yeild or BRP simply for growth?
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