Tag Archives: V

Sold out KO (Coca Cola) 100 @ $40.30/share

4 Dec

Trade History for KO:
June 4 – Bought 50 @ $41.50/share = $2075.00
Oct 1- Bought 50 @ $37.85/share = $1892.50 (Averaged down)
Dec 4- Sold 100 @ $40.30/share= $4030.00
Gross Gain = $62.50
Less: Commission = $2.98
Net Gain = $59.52  (1.5%)

Collected Dividends:
July 1- $11.90
OCt 1- $11.90
Total Dividends:  $23.80

Ever since I bought into KO, it has traded on a down trend.  I was not happy with this trade from the beginning, but I did not want to sell at a loss prematurely.  I held on for a few months and saw it bottom out early October at around $37.85, so I averaged down trying to climb back up from the red.

If I didn’t averaged down, I would still be at a loss…

 $3967.50 is funded solely on margin, the opportunity cost was too high for me.  So I decided to let this one go to lower my margin amount.  I lost money on this investment due to interest payments for six months that I held it.

Currently, I still have margin on my USD stocks:  COST, PCLM, LMT, V.  All those stocks have a gain of 6.52%-18.52% which is performing to my standards.  

The markets is shitty so far in December.  Looks like a lot of traders are cashing out before the end of the year…  maybe I should too before all my gains are diminished.

 

 

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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%

Virtual Broker – Margin Review on my Portfolio

5 Sep

Margin gives you the ability to buy stocks on borrowed money from the brokerage.  The more money you invest in a stock, your risk becomes greater as well.  It can be for the better or worse, but you really need to access how much you are willing to put down or stomach.  *Always be careful when borrowing money.*  

Presently, I have a margin account with Virtual Brokers.   The current rates at Virtual Brokers is 4.5% for CAD and 4.75% for USD.  Margin rates are usually competitive, since they have collateral to the amount of cash you have in the account with them.

Last month, I sold my Goldcorp stock.  So at the moment, I have $4,470.37 cash sitting in my CAD account.  I still don’t know what to buy on the Canadian side.

I also added a few American stocks to my portfolio on margin, but they haven’t been performing as well as I had hoped for.  At the moment, Currently, I have $8,384.51 margin in my USD account.  I am hoping Coke will make a turnaround soon, so I can lessen my margin load.

Current Value for USD Stocks on Margin:

Coke (KO)

2,075.99 1,912.00 -163.99 -7.90%

Visa (V)

$4,152.49 $4,052.83 -$99.66 -2.40%

Costco (COST)

2,240.99 2,292.40 +51.41 +2.29%

Anyways, I have been lazy and not really keep track of my overall stock portfolio.  Time for me to sit down one night and make a good tracking system for all my purchases and sales of stocks for 2013.

Re-Entered Potash at $51.75

20 Sep

Fifteen minutes to closing, my coworker waltz to my desk telling me to add Potash to my position.  He already added 500 shares at $51.80.  So I followed suite and added 200 shares @ $51.75.  Potash on TSE ended up closing at $51.72, so I was off by a few cents. Hopefully, tomorrow will be a turnaround day! 

Side Note:  Visa climbed steadily after I sold out at $88.  Today, it jumped as high as $94.75 but ended up closing at $92.84.  I missed a few hundred bucks there!  But c’est la vie… you never know when a stock will turn on you.  Look at Netflix, it’s been nose diving since September 14th from $208.71 to $130.07.  That’s a big down silde within a matter of 5 trading days.  What is the bottom for NFLX?  As of now, it’s risky to get into it. 

 

 

Mistakes!!

2 Sep

On July 16th, Visa dropped by a good 3.50 basis point.  It was a good opportunity to buy in and wait for a recovery in the short time frame which proved to be true.  Visa made a good  climb up by 4.55 basis points.  The only reason why I did not cash out was due to the exchange rates.  My profit was not $455.00 as I had anticipated, it was way less after the currency conversion.  So I held on.  After a good month and a half, I’m still holding to a non profiting stock.

In the meantime, Agrium was bullish all the way through.  If I had bought Agrium instead of Visa during that day, my unrealized profits would have been $1366.00.  Since I sold out at 52.45 at a pitiful loss, Agrium has climbed steadily to $75.60.  All this time, I kept on thinking to myself I’ve missed the boat.  It was bound to some draw backs.  But this mighty stock kept on trucking along just like my GQ.  Next time, maybe it’s best to just hitch a ride and enjoy the view!

Lesson:  No more USD stocks.  Buy on the uptrend.  Stop losses from getting bigger.

Paying American

27 Aug

The decisions to make purchases for American stocks are proving to be costly in the short term.  The currency exchange flactuates too much between the time I buy into a stock and want to sell…  Even though I buy an American stock at its lows, the Canadian dollar seems to be trading a lower price as well thus making me paying more for the price.  Then for the next few days, the stock goes up along with the Canadian dollar thus getting back less money.  That totally cuts my profit not in a good way. 

It’s almost end of the month.  Yet I’m still holding onto Visa.  I really thought that Visa would really just take off after my buy in price of $71.90.  Well it did for the matter of fact to $76.50 but the Canadian dollar went up cutting all most of my profits.  After that run, it took a beating right now it’s at below my buy in price.  So maybe I’ll hold the stock till December when the busy shopping season sets in.  One of my more recent purchases is Cisco, it’s the same deal like Visa.  So right now, I’m just waiting for them to rise above my buy in price and I’ll make my exit.

Visa Review in Week

23 Jul

Buy $71.99
Current $75.59
$3.60 Gain

Analysis:  Due to currency exhange, my gains are limited as CAD dollar went up against USD dollar thus if I do sell, I’ll get less money back than what I paid for. 

Conclusion:  Hold till currency exchange is more favorable or wait for a significant share appreciation.