I knew that my non-registered portfolio wasn't going to look good, but I was curious. I found a disastrous tiny little $126 454.80. It doesn't look good at all, but I am thinking of it as temporary situation. In those very rough time, better to invest in stocks that can stand without falling. By this I mean, its better to invest in stock that haven't lose in value much instead of running over some bargain stock. Its not like we are going to get out of this mess anytime soon. A recession had been announced and our Financial Minister is just too stuck up to see clearly what's going up.
CNR could be a good bet, but I have a new favorite, its Brookfield Infrastructure Partners L.P. (BIP.UN). I had been holding into BIP.UN inside my TFSA for the past couple months, and it already gain 7% in value! This is quite spectacular knowing how bad are the stocks market right now. BIP.UN almost pay 5% in dividend distribution, which is very great.
My idea is to stop buying clothes and makeup and to invest another 1 to 2 thousands in Brookfield Infrastructure Partners L.P. (BIP.UN). I think I had found my new gold mine.
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The markets are in a dump now, but sooner or later it will be better. I bought BEP.UN in my TFSA last week. Looks like it's the same management company as BIP.UN. We are business partners. :)
I bought Brookfield Infrastructure last fall - is up 25% plus pays a juicy dividend that should increase significantly each year. I believe you can sleep at night and build wealth dripping your dividends on this one. Good luck!
I think BIP.UN is such a great purchase. Good dividend with amazing capital gain. Good job!
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