Archive | Stocks RSS feed for this section

KMI- bought 100 @ $35.60 today

23 Dec

Added KMI (Kinder Morgan) to my Margin position this morning.

You know how I sold out KO (Coca Cola) earlier this month, I should have just replaced them with KMI right away.  I could have been sitting on a $255.00 profit at the moment.  But the moment has passed, now I am starting at a higher end of KMI.  Hopefully this bullish trend continues for KMI, so I can still get some profit out of this.  With the nice dividend yield, I should be able to make some money out of this.

Advertisements

Virtual Brokers gets down to the Penny!

15 Nov

Wow!  Virtual Brokers announced their new Penny commission structure as follows:

“The Penny” Commission Structure

Equities
$ 0.01 per share if share price ≥ $1.00
$ 0.005 per share if $0.25 ≤ share price < $1.00
$ 0.0025 per share if share price< $0.25

The Minimum commission is $0.01 with a cap of $9.99. No ECN/Exchange Fees apply.

This makes me want to trade more!!  Just a few weeks ago, I literally bought one share of Priceline @ $997.00.  My commission was 99 cents.  Way cheaper than other brokerages around, right right?

With this new “Penny” commission structure in place, if I bought one share of Priceline today, my commission would be just a PENNY!  Of course, most people don’t just buy one share of stocks all the time.  But there’s that option.  Your trading cost won’t cut into your profits.

I like Virtual Brokers fee structure as they don’t nickle and dime you with ECN/Exchnage fees unlike Questrade.  And there’s a cap of $9.99 commission.  I think this means that if you buy more than 1000 shares, your commission will still be $9.99 per trade.

Anyhoo, I’m off to Costa Rica for ten days!  BTW, my LIQ stock didn’t make a come back to fund my trip.  Still down 18.33%.  Ouchie, looks like I’ll have to dip into my savings for this trip.

 

Small Caps vs Big Caps

13 Nov

Is there an advantage between investing in a small cap vs big cap stock?  Small caps have more room to grow than big caps.  Every company has to start off somewhere.  Some will rise, some will fall.  All in all, pick your companies wisely.

All my small caps are Canadian companies that pays monthly income.   All my big caps are American companies.

Note:  All stocks have different amount invested.  Each stock provides different risk factors.  Therefore, I only put down money that I am willing to bet on the stock.

Small Caps
Ticker Market Cap Performance
KEG.UN 182.00M 30.86%
BFP.UN 319.42M 129.10%
LIQ 325.18M -19.75%
CHE.UN 660.94M 8.63%
Average 37.21%
Big Caps
Ticker Market Cap Performance
GOOG 342.86B 67.41%
T 184.22B -5.16%
KO 176.64B 0.76%
V 126.57B 13.99%
Average 19.25%

Stupid Twitter (TWTR) making the market slump

7 Nov

Today, Twitter made its IPO appearance.  Unbelievable, how people are snapping up shares for $45 to 50.  This is a $20 premium above target price.  Anyways, I’m not a fan of twitter and I’m not certainly going to pay a hefty price for them.  I was going to pick up some shares for around $25 for fun, but not today for sure!  We’ll see how the price will turn out in the upcoming weeks. Those underwriters have the first dips to those shares and making a KILLING.

Anyways, all my American stocks are slumping today.  Most of the attention is on Twitter as people are pulling from other stocks to put money into Twitter??  Yes, they have millions and millions of people using Twitter.  Even I am a registered user.  I hardly see any advertisements on there.  How do they really make money?  Are they even turning a profit at the moment?  To value a techy stock like this at $25 billion is over shooting it.

Don’t buy into the hype.  But hey if you think you can make a profit, then by all means go for it.

I think the prices will go down in the weeks, months to come..  Will it be a similar story like how Facebook IPO’d??  Facebook traded high up, then traded in a downward trend for a good year, before coming back up.  Maybe patience is key to this game.  Wait for an opportune time to jump in and hope that it’ll go up!

Making some changes to my TFSA

27 Sep

Today, I sold out 1270 shares of CHE.UN for $16.96 in my TFSA account. Fact was that CHE.UN took up 20% of my overall portfolio. The time I held onto this unit trust, I’ve collected a fair amount of distribution.

Anyways, I replaced it with 15 shares of MA at $679.50 for now. I am hoping I didn’t screw myself over in the months ahead. But I felt like it was time to say goodbye to CHE.UN and add more stake to Mastercard where it has really appreciated.

Also, I sold out QCOM – 25 @ $67.18 in my TFSA.

I plan on adding more Mastercard to my TFSA until my cash balance is zero. For now, I don’t want to add too much near their 52 week top.

I believe Mastercard has a strong chart and I am regretting that I didn’t ride this baby out from the start. When I first entered MA, it was around the $300-$350 range. I regret how impatient I was in May 2012 where I sold MA out for little profit. Look at it now, $680 range! Wow, I totally miss out some good gains. But now, I will hold this baby for a while till it fully matures. I will not sell out like the many times I have before.

I’m just thinking out loud. Sorry, if this is a bit confusing. I am not the type of person of analyzing stocks and giving you all the jazz about it.

If I like the stock and believe in it, I will buy it.

History recap, just at the top of my head with approximate numbers:

  1. I bought 200 shares of SBUX at $18, but sold out at $52.15.
  2. I had 200 shares of Visa at $70 at one point, but sold out for $2000 profit.  Fucken big mistake that was.
  3. I bought 10,000 shares of GQ at 15 cents, but eventually sold out at $1500 gain.  I could have sold out at their peak and made a cool $10k profit, but I held too fucken long!
  4. I bought 200 shares of AGU at $50 on margin, but got scared of the dip in the next few days and sold out at a loss.   Then I re-bought them at $70 and sold out for a $2000 gain.
  5. I bought 50 shares of GOOG at $612.00, but I sold half of it for a measly $100 gain because that portion was on margin.

~I lied, I added two more stocks today~

25 Sep

These two stocks will be in my longer hold section inside my USD Margin portfolio:

1 share of Priceline (PCLN) @ $997 (no dividend, purely growth stock)

10 shares of Lockheed Martin Corporation @ $128.15 ($1.15/quarter dividend)

Paid off my balance transfer today!

13 Sep

Back in February 2013, I was offered 0% balance transfer from MBNA Smart Cash Mastercard.  I transferred $8,000 over to my brokerage account to buy Suncor.  As the story goes, I sold out Suncor for a measly $70.05 profit plus $99.00 in dividends.  After I sold Suncor, the share price kept on climbing as Warren Buffet decided to put stake in them!  If I had kept Suncor till today, I would have profited $1510.05!!

My instincts were wrong and I fell short of achieving a great return from Suncor big time!

Today, I paid back MBNA $7,441.93 to bring my balance transfer to zero.  My 0% promotional rate ends on September 16, 2013.  There is a 1% transfer out fee, so this “0% promo rate” actually cost me $80 for the past six months.

I received a letter from MBNA.  I am invited to upgrade to the no-annual-fee MBNA Smart Cash World Mastercard!  I can start enjoying 5% cash back all over again on eligible gas and grocery purchases for the first six months.  After six months, it will revert to 2% on eligible gas and grocery purchases.  All other purchases, I can earn 1% with no limit to the cash back I can earn.

MBNA Smart Cash World

Since I am back to zero balance in my MBNA Smart Cash, I have accept their Smart Cash World offer.  For the next six months, I will put all my gas and groceries to my new card!  Let the cash back begin!  If I spend $1600 in the next six months in gas and groceries, my cash back will cancel out my $80 transfer out fee!  Easy peasy, I spend around $120/mo on gas and $130/mo on groceries.

Done deal!

By the way, CIBC Visa is offering me a 0% balance transfer promotion… tempting, but I think I better not since I have a mortgage to take out coming up very soon.