Tag Archives: Manulife Financial

Spring Cleaning

27 Mar

It’s been a long time coming.  Today, I decided it was time to say goodbye to some old poor performing stocks like 200 shares of Manulife Financial Corp (+$16.10), 110 shares of Pengrowth Engery (-$103.44) and last but not least, 300 shares of Potash Corporation (-$99.90). 

I welcome back Chemtrade Logistics to my core portfolio once again.  I had the misgiving of selling my shares too prematurely.  If I had kept them, I’d be several thousands in the green.  It is a unit trust pays 10 cents per month, in which, I’ll be receiving $109/month in distributions. 

QT RRSP-  240 @ $16.58
QT TFSA- 850 @ $16.58

I’m on the heavy ended on this stock, it’s a bit risky for me if the stock does go down a dollar or more. But I know if I’ll forget about for a year, I’ll be receiving $1308 in the end.  Of course, I hope shares will appreciate to $18 then I’ll be in the money!

Sell Limit for Cliff Natural Resources

12 Jan

Sticking to my word, I set a sell limit price of $70 for Cliff Natural Resources earlier in the morning of yesterday.  It sold shortly after in the day.  My profit is $369.96 for holding CLF for two days.  If I had held it to today, CLF jumped another 96 cents from my buy in price. 

Thank you CLF, I will buy you again when the time is right!

Side Note:  I bought MFC in my QT RRSP on January 9th- 100 @ $11.40.  Today, I sold it for $11.73.  My profit is low at $22.75, but I don’t want to hold onto this one for long as I want a monthly distribution for my RRSP.  Besides, I have another 200 shares at a loss $366.95.