Welcome in my non-registered portfolio Canadian Real Estate Investment Trust (REF.UN)!

Hola dear readers! I just came back this week from a trip to Dhawa Santa Maria in Cuba. I had a nice time, the weather was perfect and I came back with a nice beach tan. And prior to that, my mom came to visit, and she's currently still with me. While I was away, things had been quite rough on the TSX. This was predictable, especially knowing that we haven't came to anything positive when it comes to NAFTA. Its quite strange because both the TSX and the US stock market went down about the same time. Anyhow, it felt good today to see the TSX reached the 15 407.66 points. We are still about 600 points behind of where we used to be at before the recent stock crash.

I was checking on my portfolio situation yesterday, and I estimated my net worth to be in the $195 000, instead of the $220k+... Its too bad, but one thing that you need to remember is that super huge gains usually announced a market correction - but you never know when exactly that correction is going to happen. Corrections like this one are very hard to take, its never fun to see your portfolio going down so quickly like that almost overnight. But its part of the game. This is what the stock market is all about. Its difficult to understand, but corrections are not necessarily a bad thing. Its usually being view as being healthy. All this to say: you cannot invest in stocks if you are not willing to accept that the stock markets are volatile and the volatility will, at a point, bring you down.

I am currently down of a couple thousands, but I accept it. For now, with today encouraging TSX gains, I am under the impression that a recovery is under its way. Today was an exciting day for the Canadian stock market. Choice Properties Real Estate Investment Trust is going to buy Canadian Real Estate Investment Trust (REF.UN). By going so, Choice Properties will become the biggest Canadian REIT business. At the announcement of this great news, REF.UN gains a lot in value. I wait to see what was going to happen next and luckily enough, the title went down and I was able to place an order at $49.37. I am currently experiencing a gain of close to 3% on Canadian Real Estate Investment Trust (REF.UN). 

Its quite good to have a little bit of good going on in this chaotic situation.