Downsizing my number of stocks!

24 Feb

Time to re-evaluate my stock portfolio.  Truth be told, I have a few stocks working at too many different ways.  If I had invested 100 shares instead of 40 shares of Mastercard, I’d be sitting on a $6458 profit!  But really, do I want to tie up so much money into one stock?  Not really, but on the other hand, all my other little stocks are tying up my money with losses or with little gain. 

Who’s on my chopping block?  These are companies that have not performed to my expectations.  Free up some cash and invest into ONE stock. 

  1. 100 shares of BMO:  Current loss of $254.95, quarterly dividends -> sell at breakeven
  2. 200 shares of MFC:  Current loss of $234.95, quarterly dividends -> sell at breakeven
  3. 500 shares of POT:  Current loss of $339.50, quarterly dividends, overweight -> sell at $1000 gain
  4. 110 shares of PGF:  Current loss of $69.85, monthly dividends -> sell at breakeven
  5. 100 shares of ECA:  Current gain of $204.05, quarterly dividends -> sell at $250 gain
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: