Is Brookfield Asset Management Inc. (BAM.A) still a hot Dividend Girl stock pick?

My non-registered portfolio closed today session at $122 286.80, my TFSA portfolio at $71 108.84, and my RRSP portfolio - stocks only - at $43 486.46‬. At +3.19%, JWEL is still for now on a gain of 3.19% inside my non-registered portfolio. To answer the question asks in this title, yes, I still believe that Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A) is a good investment. The past couple of weeks had been rough on the TSX, but no matter what, BAM.A had remained strong in its value. I plan to eventually invest in this one inside my TFSA portfolio.

In those volatile times, it's more important than ever to target only the best of the best. That means a stock that remains in good worth standing despite what the financial environment deal with. I hold many stocks in my real fantastic portfolio. No matter how good I am, it's not absolutely everything that I hold in my portfolio that you should hold. This is actually the kind of post that I publish from time to time. But this is the latest. Which stocks that I hold that you should hold too?

Just ask, and you'll received, only my best stock picks for my readers:

Bank of Nova Scotia (BNS)

Methanex Corporation (MX)
Fortis Inc. (FTS)
Pembina Pipeline Corporation (PPL)
Corby Distilleries Limited (CSW.A)
TMX Group Inc. (X)
TransCanada Corp (TRP)
Canadian National Railway Co (CNR)
Emera Inc. (EMA)
BCE Inc. (BCE)
Saputo Inc. (SAP)
Lassonde Inc. (LAS.A)
Loblaw Companies (L)
WSP Global Inc. (WSP)
Berkshire Hathaway Inc. (BRK.B)
General Mills Inc. (GIS)
CT Real Estate Investment Trust (CRT.UN)
Canadian National Railway Co (CNR)
Brookfield Infrastructure Partners L.P. (BIP.UN)
Brookfield Renewable Energy Partners L.P. (BEP.UN)
Andrew Peller Limited (ADW.A)
Toronto-Dominion Bank (TD)
Boyd Group Income Fund (BYD.UN)
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
Morneau Shepell Inc. (MSI)
Royal Bank of Canada (RY
Park Lawn Corporation (PLC)
Toromont Industries Ltd (TIH)
BCE Inc. (BCE)

Northview Apartment Real Estate Investment Trust (NVU.UN)
Calian Group Ltd. (CGY)
BMO Bank of Montreal (BMO)
Canadian Utilities Limited (CU)
WSP Global Inc. (WSP)
Granite Real Estate Investment Trust (GRT.UN)
Nutrien Ltd. (NTR)

TFI International Inc. (TFII) 

SIR Royalty Income Fund (SRV.UN) 

Telus Corp (T)
Royal Bank of Canada (RY)
Thomson Reuters Corporation (TRI)
Park Lawn Corporation (PLC)
Richards Packaging Income Fund (RPI.UN)
Toromont Industries Ltd (TIH)
CAE Inc. (CAE)
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A)
Quebecor Inc. (QBR.B)

 

I think that list is fair.

 

If you now want an example of a stock that you SHOULD NOT hold in your portfolio, well that's an easier exercise and won't request hours of search on Stockopedia. The TSX is full of bad shit stock. And one of them is Power Corporation (POW). Personally, the insurance sector is for me a big NO-NO. POW has everything against "him" or "her"???: it's in the insurance sector AND is a Quebec based company. Today, despite the fact that POW net earnings have decreased, the business decided to increase its dividend distribution. This is in my view a complete nonsense, the kind of nonsense that you can only experiment in Quebec province and for what they are best known for. I never understood why Susan Brunner was holding this one in her portfolio???!!!

 

My famous list of stocks that I hold and that you should be holding too, I know, I know, I have several Quebec businesses. But the trick is: stick to the best. You'll find some good Quebec stocks to invest in (PS, they are from my list):

CAE Inc. (CAE)
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A)
Quebecor Inc. (QBR.B)

Saputo Inc. (SAP)
Lassonde Inc. (LAS.A)

WSP Global Inc. (WSP) 

 

Currently, my best Quebecker stock is: GIB.A. $$$

Savaria Corporation (SIS) is not from my top notch list because of this stock is not strong enough in term of growth. however, for your info, I made several hundred on that one and SIS is a Derek Foster stocks. Is it still possible, in today market, to register some hot hot hot capital gain on the back of SIS? My answer: I don't think so. you should have invested in SIS when I did way back. But I won't suggest anyone to invest now in SIS. Bad idea.

You don't need to thank me, enjoy all of my best stocks list.

Stuff that you probably own and that I don't because I am smarter

May is a real hard month for TSX investors these days. I must admit, I didn't even check the closing today. I have no idea where the TSX is standing and I don't care. It's all disgusting. And it seems like it's all because of the trade war between the US and China. First, there's been the NAFTA war, and now is the turn of China - good luck with Trump, you'll need some. While dealing with some heavy difficulties, I taught that maybe the time had come to write a funny minimalist post of the type: "I have less and I am smarter than you are" kind of post. Do you understand the idea?

I will just name a few things that you probably have at home, and that I don't, just so that next Christmas, you'll know what to get me.

1) Microwave

Nope, I don't have a microwave. I don't really miss it either way. It's quite useless for me.

2) Flat iron

That's a girl thing, most of us have a flat iron, but I don't own one because my hairs are curly and I wouldn't like to burn those angel hair for absolutely nothing in the world.

3) Air conditioner

I don't have an air conditioner machine. Last summer, I taught at a point I was going to die dry up by the heat, but I survive. Bitch can survive anything.

4) Vacuum

My apartment being quite small, I just use the basics. I don't own a vacuum.

5) High heels

I don't own a single pair of high heels. I have way too sensible feet to wear high heels. 

6) Printer

I don't own a printer.

And it's about everything I can think for now.

Better days for Jamieson Wellness Inc. (JWEL)

The TSX may had closed under the 16 300 points and it haven't been fun to watch, but overall, my investments are not doing too bad. My non-registered portfolio closed Friday session at $122 115.46, my TFSA portfolio at $70,998.85, and my RRSP portfolio at $43,387.35. Lately, I had been corely watching my investment in Jamieson Wellness Inc. (JWEL). It went down for a little while and Is tarted getting anxious about it, but JWEL came back in the profit zone and is currently on a gain of 2.98% inside my non-registered portfolio. 

At first, I taught that my investment in SIR Royalty Income Fund (SRV.UN) was going to be a calm soldier stock - which is a stock that is never really in the profit or loses zone, it's quite a neutral stock that you keep in because the dividend yiel is just too juicy. But it seem like this little buddy is much more than just a calm soldier. So far in my TFSA portfolio, SIR Royalty Income Fund (SRV.UN) had gained a nice 4.50%. Best thing is, SRV.UN been in my portfolio only since March of this year.

Oh no! For 2019: Sell in May and go away?

"Sell in May and go away", that's what they say. And it seem like May 2019 was begun on the wrong foot. Actually, it should say "Sell in April, and stay out of the stock market in May". Anyhow, you got the point. So far for 2019, I was on top of my game, but everything collapse (it's actually not so dramatic, but I guess you understand the point), and is making me go under the net worth of $222 000. But it's ok. It's how it is with the stocks market. Donald Trump is not helping my case. He's a really hard leader when it come to negotiation. It's hard to get a in-between with him. I not exactly following the negotiations between the US and China, but this hard a real hard effect on the stock market. And it's quite sad to see how much we depend on the US. Brian Mulroney had created with Canada a country financially depended of the US, and instead of helping us, it's creating deep sorrow in our economy. Every single Quebeckers who had been our Prime Minister always created more problems than anything for our great country. We need a Prime Minister with the purest intentions, someone who will be strong and who'll give everything for Canada. Currently, the "purest" Canadian  leader who has those quality is Jagmeet Singh, but I would like to hear about him more.

While the TSX is down, I have enough in my plate to keep me busy and away from any sorrow that could hit me since my investment portfolios are going down. This is nothing new for me, I went through some much more hard times. This one is just a little reminder that the TSX can still go down from time to time. Don't ever forget that. Volatility is our best and worst friend. IT makes the stock market go higher, and sometimes, lower. Here is some stuff I am actually doing these days:

-Doing a little shopping. I bought: three tops, one pair of black jeans and Swarovski earrings. I got those ones.

-Working overtime.

-Drink water (it may seem strange, but I am not naturally tempt to drink water, I have to think about it. I am barely ever thirsty, which make me think I may had been a camel in my last life - but unfortunately, I often feel hungry :(

-Going to the gym.

-Thinking about post topics.

-Make my lunch, and bring coffee to work.

-Eat more vegetables.

-Put clothes, shoes, purses I don't wear/use on Kijiji to sell.

-Call Videotron customer service.

-Make random list of things to be done (I always have a to do list, for absolutely everything I need to do, even the smallest tasks)

-Declutter my little apartment.

-Cleaning my shit.

About all for now. :-)))

Rough Spring days, but I am not forgetting BAM.A

Ever since I came from my vacation - and even the week before my vacation - it's been busy at work and I barely have any time at all to follow the TSX during the day. I usually check the TSX several times during the day, as well as the news. When I cannot do that during the day, it means it's a pretty rough day, and I don't like it because Iget to feel somewhat disconnected to all of the REAL important things that are going on and that I could be missing on. I could be missing on several things, including my next best stock move. And trust me, it's not a feeling that I like, the feeling of doing under. And I am tire.

What the TSX is all about these past couple days, I honestly don't have a clue. While some have to deal with heavy floading, I deal with stuff of my own, but nothing as dramatic. But all New Brunswickers dealing with fload are in my prayers. 

Today at least, I am taking a look at my portfolio just to check if it's at least still alive... and that nothing has disappear... and yep, all of my stocks are still in the wood. Fortunately, my stocks don't need their mommy and it's better this way. My non-registered portfolio closed today session at $‭123 309.11‬ - it's a bit down, I am usually in the 125k or close. My margin debt is at $‭48 793.37‬ - a bit high, I would be happier to be on a 45k debt. My TFSA portfolio closed at $71 552.77‬ - whenever it's exceeding the 70k is quite good. My RRSP portfolio, stocks only, closed today session at $‭43,172.61‬.

It's quite awful.... it's now May 1. Another rent payment. I will do my best no to spend too heavily in May and June. In July, I have a 2 weeks vacation. The month of March had been rough for my expenses because I had to do those tax payments. I taught I was going to roll on some debt because of all of those expenses. But I closed the month with a saving of $6.09... My expenses were of 

$ 4 877.26‬, and my income of $‭4 883.35‬. Was quite a short month! And for April, I had my Easter vacation in New Brunswick. I have spend just bit more than the $‭2 123.47‬ posted a few days ago. Still a lot of money, but I had to buy new shoes and my vacation cost me some money too.

Unfortunately, nothing is free in this world. If I work really hard, I may be able to save some money enough to place my next investment sometime in June. And I don't care if I need to eat peanut butter sandwiches (my favorite) everyday in order to do so.

My next investment? Well you know what it is: BAM.A. This one is my next baby.

The month of April 2019: budget in review

Fix expenses:
Rent: $680
Gym Membership: $14.38
Banking fees: $3.45
Insurance: $7
Cell: $40.24
Internet: $78.63
Total: $823.70

Food:
Grocery: $170.58
Eating out: $173.01‬
Coffees: $38.9‬0
Wine: $9.95
Total: $392.44

Personal care:
Makeup: $54.23
Other: $20.67
Hair cut: $63.24
Total: $138.14

Clothes: 
Shoes: $152.91

Others:
Sport accessory: $17.24
Order for cheques: $57.24
2 dish clothes: $1.43
Notebook: $2.88
Total: $78.79

Transportation:
Taxi: $30

Vacations:
Easter vacation expenses: $313.55
Reservation for this summer vacation: $222
Total: $535.55

Interest on margin: $220.41‬

Total expenses: $2 371.94‬

Income: 
Paychecks: $2 643.3‬0
Dividend earns in the non-registered portfolio: $328.79
Dividend earns in US portfolio: $0
Dividend earns in TFSA portfolio: $271.46
Dividend earns in RRSP portfolio: $91.61
Total income: $3 335.16

Money save: $963.22

The month of March 2019: budget in review

I didn't post any "budget in review" since this past February.
The month of March, as well as April so far, had been quite busy, and the expenses had sky rock, which explains why I didn't place any new investments for quite some time now.

Fix expenses:
Rent: $680
Gym Membership: $14.38
Banking fees: $3.45
Insurance: $7
Cell: $40.24
Internet: $48.65
Total: $793.72

Food:
Grocery: $438.81
Wine: $10
Eating out: $251.82
Coffees: $67.75
Total: $768.38

Personal care:
Hair cut: $63
Makeup: $14.59
Shampoo, conditioner, soap, deo: $49.51
Calcium: $25.62
Earrings and hair clips: $26.33
New glasses: $458.01
Total: $637.06

Home expenses:
Sealed plastic container: $7.48
Blanket and sheets: $106.80
2 carpets for entrance: $8.32
Plants: $72.37

Plant pot: $18.97
Plant pot: $7.48
Total: $221.42

Transportation:
Taxi: $40
Metro tickets: $15.75
Total: $55.75

Taxes:
Accounting for the 2018 taxes: $80.43
Payment to the tax man for 2018 (federal and provincial): $1 944.31
Total: $2 024.74

Others:
Museum membership: $72

Gift: $60
Laundry tickets: $50
Total: $182

Interest on margin: $194.19

TOTAL: $4 877.26


Income:
Paychecks: $3 927.93
Trade on Lightspeed: $106
Dividend earns in the non-registered portfolio: $608.63
Dividend earns in US portfolio: $15.68 US - $21.13
Dividend earns in TFSA portfolio: $173.03
Dividend earns in RRSP portfolio: $46.63

TOTAL: $4 883.35

Hope you had an Happy Easter, TSX investors

I just arrived yesterday in the late evening from a few days in New Brunswick. I actually wrote my post of April 12 while being on the bus, that's why I couldn't find out how well was doing my portfolio during that time! :-) Yesterday when I arrived in my Montreal "home", I checked out my data. In the date of yesterday, my non-registered portfolio was at $125 442.81, my TFSA portfolio at $71 079.05, my RRSP portfolio - stocks only - at $43 086.91, and my US portfolio at $3 344.69 in the US $. But today, results are even better, and that's because my lovely TSX closed today session at a really good 16 669.4 points. And now, I just don't have time to complete this post. Maybe it's best this way - maybe the TSX will close in the 16 700 points tomorrow, why not?

Truth, dare, double dare, promise, or repeat. Repeat, repeat and repeat

I just know how to repeat, nothing else.

I am not able to check on the value of my stocks right now, but one thing is for sure, my net worth is probably exceeding the 222k at this time. Back in August 2018, I was on my highest net worth value ever: in the $232 600. Now that I am 222k, I am not far behind that 232k. If the TSX can continue on its golden road, I may be in business to even exceed the 232k value. Something like 3 years separates my first $100 000 from my first $200 000 net worth. I had been stuck in the 200k net value since 2018, and I already have enough. I had been thinking on my past road, on the way I picked my stocks in the past. I often invest in stocks while they had been trading at their highest value – and it actually never been a mistake. 

Good quality stocks often trade at their highest value, it's ok to hit in when the time has come. It may not be the best timing in term of trading – got to buy low, sell high right – but sometimes, you need to abstract yourself from the regular figures and from the traditional financial blablabla. You need to welcome high-quality stocks in your portfolio whenever it pleases you, to then welcome them in your life and love them so much that you can’t no longer exist without them. Without that special stock, your life has just no meaning. And you get to love those stocks so much that your love protects them from all the market upside down.

If, by any chance, those stocks trade lower at one point and that you are lucky enough to buy at that special time – that’s even better. But occasions don’t present themselves all the time. And for people like me who are living paycheck per paycheck and who are extremely cash poor (because you’re an addict and trash all your money over the stock market), it could be even more difficult to enjoy such opportunities. In the past, I never wait long before investing in stocks that I had crushes on.

When I want a stock, I want it.

And this is why the experience needs to repeat itself every time. Got to target a good stock, jump in when you can and keep doing the same damn thing over and over again, again and again.

In the previous post, I expose a few stocks I had my eyes on. Currently, the only stock I want is Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A). WPK is nice but it’s not powerful enough. Once again, history is repeating itself, I am soon about to invest in a stock that is trading in its highest value ever. It’s not my fault, BAM.A just got everything I need to boost up right into the stars my net worth.

But now, are you just ready for it?

YESSS! The TSX is now in the 16 400 points - and even exceeding it!

That's it! It looks like I am getting my Eastern gift right on time before leaving Montreal behind for the belove New Brunswick for a couple of days! But this is not a from me-to-me, it's a gift I am getting directly from the TSX. My non-registered portfolio closed today session lower, at $125 478.69, but I am experiencing what I think might be my new highest value ever for my TFSA portfolio, $71 057.31. My RRSP stocks only portfolio closed the day at $42 905.19.