While Bombardier Inc. (BBD.B) titre continue all its way down down down, I seriously begin to think to dumb the stock, just like I recently did to VSN, RSI and STB. If I sell now, I can still make a profit - not big - but still a profit out of the sale. Knowing I only have a balance left of a bit more than 1k on my credit line, I am very tempted to sell Bombardier Inc. (BBD.B), cash in the cash, and make another $500 deposit on my credit line...
If what Pappy Gordon Pape said is true, that we are going to have a stock market correction by the end of the winter-beginning of Spring, than, it could be that of a good idea to dumb troublemaker stocks now that it's still possible and reinvest once the market will correct itself. I guess Gordon friends of the gulf club will be happy once the market get in a correction. But no worries, once it happen, I will be ready. I will have a few thousands to invest and hello darling cha-cha the $200 000 net worth... Its so much easier after the 100k, did you know that by any chances?
Even after selling VSN, RSI and STB, my non-registered value is $134 531.49, +$21 457.67, 18.98%. So dumping a few stocks did not affected my value. At this very moment, I am tempt to sell my Bombardier stocks. Who knows, maybe it will be possible to get back in Bombardier once BBD.B hit the low $2 per share...
When you think about it, Bombardier Inc. (BBD.B) is just another Quebec company that couldn't deliver, that is very all. And your Dividend Girl, does she deliver or not?
Let's go baby, let's go.
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5 comments:
Dividend girl does not deliver. It took dividend girl 7 years to figure out that a margin account was not benefitting her. Dividend girl not very bright.
Get rid of Bombardier. They are laying off workers and have not met deadlines. This is a hard area to be in. EIF is the closest you should be to this area. (I know you own that stock already)
My NET WORTH (investment value) is $242,000.00. I also have a house with $350,000.00 in pure sweet equity. Think my investment choices have been much better than yours. Good luck...
Mr/Ms why not start your own blog if you're so smart? And read "greaterfool.ca" - why is so much of your net worth in real estate?
At Anonymous...
My NW is north of 1.3M. We have 2 owned homes and I retired at 40... I think my choices have been better than yours... Na na.
How's that feel? Not everybody has luck and the right connections on their side. Sunny you are doing the right things, keep going, keeping your goals in focus. Great work on managing that debt. - Cheers.
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