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Saturday, June 4, 2016

May 2016: a month to remember for investors

The month of May is best known for being a terrible month for investors, but May had been a very great month for my investment portfolio. Back on May 23, my net worth was of $156 327.28. I suspect my net worth to be something of the very close of $160k at this time and this being without new investments. I may post an update of my investment portfolio this weekend just to find out if I am sitting on a $160 000 fortune or not.

I have some money leftover, but it seem to me like when I have no investment plan, there's no pleasure to hold money in the bank. It seem impossible for me to just keep money in there: I spent or invest it, one way or the other. Its like a human being without soul, you turn out into a zombie, go to work from Monday to Friday and run to the gym without any other goal, without any purposes in life.

My life could get very boring without investing and without blogging.

But here I come, with all those new projects for my stock portfolio! Yeah!

First of all, my annual dividend income - without counting the dividend raise of National and Laurentian Bank - is of $6 196.29 (this exclude dividend I earn inside my RRSP). I am looking for ways to increase that amount. So I was checking on my very long list of holdings, when I stare at JFT Strategies Fund (JFS.UN). I hold JFS.UN units in my non-registered, TFSA and RRSP account. I was expecting stronger result from JFS.UN. I will continue to hold JFS.UN inside my TFSA and RRSP portfolio, but I may sell the units I hold inside my non-registered portfolio, and transferred the money inside my TFSA to invest in something new. However, I don't know what I will be investing in using that money.

I own a chuck of that 160k investment that I own to Susan Brunner. I invested in K-Bro Linen Inc. (KBL) following her - among other. To Jean-François Tardif, I own Premium Brands Holdings Corporation (PBH), on which I made several thousand of dollars. Its cool to read on other people stuff, but you need to quite sexy smart to make the right decisions. If not, you could lose everything. When you are 100% invested, you need to be sexy smart - your choices will make your glory or destroyed your financial situation. Its not that hard to invest smartly and kick up some ass.

Susan Brunner always start her reviews by saying something like I do don't own this stock... or I own this stock... Personally, I usually skip the posts where she said I do not hold this stock... Because time is money, and I only want to learn about the stocks that Susan Brunner hold. I recently came over her post about Reitmans (Canada) Ltd. and I thinking about investing probably on Monday a little amount in Reitmans (Canada) Ltd.

Other than that, I don't have my eyes on any other stocks at the current time.

1 comment:

  1. Hi, I love your blog. Thanks for doing this and sharing with us. I'd like to have some of the same holdings as you, like Loblaws and Stella Jones but BMO Investorline doesn't offer a drip for them. Where are you dripping them?

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