I first purchased shares of Home Capital Group Inc. [HCG Trend] at $41 in June 2015. In hindsight I should have waited another month as the price is now around $32. Over the past week shares have dropped almost 25%. I took this as an opportunity to average down twice. On July 13, 2015 I purchased…
One of the great benefits of this blog is that it keeps me honest and takes the moodiness out of my investing. Every time I buy or sell a stock I post a portfolio update. Having to justify my reasons for buying or selling a stock in these posts has made me a better investor….
Apparently I’m a lucky man, but I’m not entirely convinced yet. I recently returned from a vacation in Europe where a good deal of time was spent in Italy. It was there that I learned about a superstition about bird poop … yep, you heard right. Apparently if a bird poops on you, it will…
For those new to the blog, I like to keep my readers up to date on portfolio changes. One of the reasons I started this blog was to educate others, but also to improve my own investing. By keeping an open book of my portfolio and changes to it, I hope to generate discussion so others can see…
When I tell people I bought a Canadian bank stock recently, they naturally assume it’s one of the big six: Royal Bank of Canada [RY Trend], Toronto Dominion Bank [TD Trend], Bank of Nova Scotia [BNS Trend], Canadian Imperial Bank of Commerce CIBC [CM Trend], Bank of Montreal [BMO Trend], or National Bank of Canada…
For those new to the blog, I like to keep my readers up to date on portfolio changes. One of the reasons I started this blog was to educate others, but also to improve my own investing. By keeping an open book of my portfolio and changes to it, I hope to generate discussion so others can see…
IBM [IBM Trend] is one of those stocks that I didn’t think I’d get to own because of its low yield, but in the past 5 days the stock price has dropped 11%, so I was able to initiate a position with a dividend yield of 2.7%. I typically like to invest in companies with…
For those new to the blog, I like to keep my readers up to date on portfolio changes. One of the reasons I started this blog was to educate others, but also to improve my own investing. By keeping an open book of my portfolio and changes to it, I hope to generate discussion so others can see…
McDonald’s [MCD Trend] has been on my personal watch-list for quite a while now, but the price hasn’t come very close to my target buy price of $88 so it fell off my radar a bit. The other day I read an article in the Globe & Mail called “McDonald’s stock may yet regain its…
I wrote in July that I planned to sell all of my shares in order to come up with a large down payment for the Condo I recently purchased, so this post will be an update on that process. In the last portfolio update I talked about the shares I sold on June 20, 2014….
