It's getting harder to invest in stocks these days. Stocks are cheaper, but this current situation makes it difficult to target good stocks to invest in. But don't you worry, I have it all figure it out, and just like usual, I am going to show off right here in my pink blog because without me around, you'll be totally lost, which isn't a shame.
I was thinking of Loblaw Companies (L) as my next investment, but L stocks are not cheap, and the dividend return is quite little. I would like a nice sharp investment just the way I like it, that pay a nice, but reasonable, dividend distribution. For my next investment, REITs are out of the question - businesses, just like too many normal individuals are going to experience some difficulties to pay out rent. The oil sector is risky, and I am already invested enough in the energy sector, especially with my investments in PPL and ENB. Anything involves in the airline industry is a big no-no. Today, a stock that I hold in my RRSP portfolio, CAE Inc. (CAE), had suspended their dividend distribution and proceed with a massive laid off. You need to be aware of what's going on and keep informed with what kind of moves the companies you are already holding on to in your investment portfolio are making, so you can act like a smart investor, who's desperately trying to keep in control no matter what.
Things are getting a little bit better. The TSX began the week on a high note. In result, my non-registered portfolio closed today session at $91,862.64, my TFSA portfolio at $71,876.06 and my RRSP portfolio at $41,337.98. I have almost $500 accumulated in cash coming from dividend distribution inside my TFSA portfolio. I may invest that little sum in Suncor Energy Inc. (SU), I am still thinking about it at this time. And that's only because Derek Foster announced not so long ago that he had invested himself in some SU stocks. And what Derek Foster does, I do it too - most of the time. But I also like to search for myself (and my readers) for stocks that could potentially become my next investment. To do so, I need substance to work on. In the past, I had Stockopedia, which I don't have any more to consult and browsed pages and pages of screens.
This evening, in my desperate search for stocks, I stopped by Susan Brunner blog and I click on this magic link right here. I came with this list:
Waste Connections Inc. (WCN)
Sun Life Financial Inc. (SLF)
Stantec Inc. (STN)
Shaw Communications Inc. Class B Non-voting Shares (SJR.B)
Rogers Sugar Inc. (RSI)
Ritchie Bros. Auctioneers Incorporated (RBA)
Power Corporation of Canada Subordinate Voting Shares (POW)
PFB Corporation (PFB)
Parkland Fuel Corporation (PKI)
ONEX Corporation Subordinate Voting Shares (ONEX)
North West Company Inc. (The) (NWC)
National Bank of Canada (NA)
Kirkland Lake Gold Ltd. (KL)
Keyera Corp. (KEY)
Intact Financial Corporation (IFC)
Innergex Renewable Energy Inc. (INE)
iA Financial Corporation Inc. (IAG)
FirstService Corporation (FSV)
Enghouse Systems Limited (ENGH)
Canadian Tire Corporation Limited Class A Non-Voting Shares (CTC.A)
Canadian Pacific Railway Limited (CP)
Allied Properties Real Estate Investment Trust (AP.UN)
Alimentation Couche-Tard Inc. Class B Subordinate Voting Share (ATD.B)
Algonquin Power & Utilities Corp. (AQN)
This is a first list that I want to check in closer. I can say that I currently have an interest in Sun Life Financial Inc. (SLF).