Wednesday, July 11, 2018

Trading Tuesday


I took another opportunity to buy some stocks after selling a portion of another ETF yesterday. My wife's RRSP is now set and will not add to any positions until more money flows in from dividends.


SOLD  

800 XAW @ $26.15


BOUGHT


110 T @ $47.11
50 BMO @ $103
20 CP @ $245.17
200 SJR.B @ $27.20

Her RRSP also holds positions in BNS, BCE, BIP-UN, CM, CNR, CU, ENB, FTS, RY, TD, TRP and XAW.

I trimmed some of my Int'l exposure through the ETF and purchased more domestic Canadian stocks. You can see the account is now flush with TULF stocks. Telecomms, Utilities, Low-Yielders (CP / CNR) and Financials. Over time this portfolio should be safer than having bonds and pref shares which I dumped on Monday.


Gambling Portfolio

Still hanging on to my play money positions for now. They still are;

2200 GSV up 7%
300 APH up 2.3%
600 THO down 3.25%

New Watchlist

DELETED - LAM & KAT

HIKU was just bought out by WEED so dropped from the list as it no longer exists. No bump in the stock was realized. It does explain the massive rise in volume a couple weeks ago.

ADDED - IVN

HOLDING - IVN, ALO, PONY, ACB and MUX. This watchlist is up 5.5% should you have established a 4K position in each gambling portfolio stock.

SUMMARY

It looks like today would have been a much better day to buy stocks as I think we'll see a sell off which would have presented a better opportunity to buy new dividend paying stocks.

My wife is only 57 so she has another 14 years before we have to convert her RSP to a RRIF. That is a good amount of time to build an income stream and prepare for her retirement. She also has a DB pension that she continues to contribute some of her part-time income.

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