Getting ready to say goodbye to Lassonde Industries Inc. (LAS.A)

At more than 16 300 points, the TSX closed this past Friday session on an encouraging note. It happens that I made the right choice last week. Selling Hydro One Limited (H) happens to be a good decision. Hydro One second-quarter results aren't looking good. As you know, following the sale of H, I had the really good idea to invest in Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A). In this short period of time, BAM.A gains 1.99% inside my TFSA portfolio. Another great move I made last week was to invest in some Lightspeed POS Inc. (LSPD) shares, again for my TFSA portfolio. Ever since, LSPD gains 18.60% inside my portfolio. I am quite pleased with those two and I couldn't have any better timing. Let just wish that I continue being fabulous like this for the next couple months.

This past Friday, my non-registered portfolio closed at $112,371.60, my TFSA portfolio at $78,168.32, and my RRSP portfolio - stocks only - at $45,398.27‬. Since the TSX is not in the 16 600 points, I am not exactly on top of where I should be, but the overall numbers are not too bad. Another stock of mine who had been performing well lately is WSP Global Inc. (WSP). I own WSP in both non-registered and TFSA portfolio.

July had been quite a heavy month in term of expenses, but I manage to cover it all. For August, I should be able to get more in the saving zone. I will be careful with my money for the next couple of months. For that reason, I want to be careful with the stocks I own in my portfolios. It's the reason why I got rid of Hydro One Limited (H) inside my TFSA portfolio. I want to have absolute confidence in the stocks that I own. Currently, Lassonde Industries Inc. (LAS.A) is not doing really great. The stock had been on a declining chart for quite some time now and I way to prefer to sell now since I can register a good capital gain from the sale. I own LAS.A inside my non-registered portfolio, so the sell of it will allow to pay down my margin account debt. Currently, my margin debt is at $45,505.44. I would like to see it going down to 40k by the end of the day.

When the time will be right, I would like to get rid of RioCan Real Estate Investment Trust (REI.UN) and BMO Bank of Montreal (BMO).