Search found 69 matches

by farco
16 Jan 2020 17:05
Forum: Financial Planning and Building Portfolios
Topic: How did you do in 2019?
Replies: 125
Views: 7115

Re: How did you do in 2019?

2019 Returns: 12.54%

5-years: 8.3%
by farco
24 Apr 2019 09:44
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Sell in May and go away?
Replies: 36
Views: 2772

Re: Sell in May and go away?

Some of these guys (previous post) have been predicting a major crash since 2012. Someday, maybe in 2023, there will be a "crash". Maybe a 25 to 30% drop in the S&P500. In the years that will follow, guys like Paul Farrell and Marc Faber will be referred to as "the guy who predicted the 2023 crash" on platforms like www.marketwatch.com. Like the eternabear Rosenberg from G.Sheff :mrgreen: :beer: Financial medias likes to repeat the same mainstream tropes ad nauseum. Why do they do this if it appears to not be true? If I had to guess, it's because it rhymes. Good one yeah :lol: :thumbsup: To me, when it is for investing, what I care is about fair value, margin of safety and entry price. That supress a lot of temptati...
by farco
23 Apr 2019 12:23
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Sell in May and go away?
Replies: 36
Views: 2772

Re: Sell in May and go away?

Financial medias likes to repeat the same mainstream tropes ad nauseum.
by farco
26 Mar 2019 12:33
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2019)
Replies: 479
Views: 75208

Re: What did you Buy? What might you buy? (2019)

The prices of residential real estate is much higher then it was in the pre 2008 financial crisis. This is especially so in Toronto and Vancouver. If there was a collapse and a wave of foreclosures and big mortgage losses the balance sheet for MIC would be under a lot of pressure. The debt levels of the average Canadian is at record levels. I just raise this possibility I don't know whether this a clear and present danger. I do know being 73 years of age and that recessions and bear real estate markets will happen again. For sure you have good points, I also just read Divestor's post about Genworth MI. @nisser; yes I know it is tanking, but between this and a crash there is a gap. But yes I'm agree that the housing market in Canada is over...
by farco
25 Mar 2019 10:38
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2019)
Replies: 479
Views: 75208

Re: What did you Buy? What might you buy? (2019)

For sure it would tank. It was at about $19 in 2009. This company works with the CHMC and provides the same kind of insurance.
IMH2centsO I don't see how a housing crash, in Canada, would occurs; there are no subprime junks here, and the banks managed well 2008/2009.
Of course corrections in the housing market happens and the stocks crashed in this period. For my part I focus mostly at fundamentals/financials and few technicals, so they can crash I have nothing against panic bargains.

The only MICs I held, before MIC, were FC and AI. I made relative short term trades on them by the past, and I actually hold a tiny position in AI.
by farco
23 Mar 2019 12:00
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2019)
Replies: 479
Views: 75208

Re: What did you Buy? What might you buy? (2019)

Added shares on MIC this Friday, love the dips and love its chart, I started to get a position in it earlier this week, after a long time to have it in my "shopping" list.
Added shares on M on March 20, before it raises up (no timing, I didn't expect Mosaic creeping up back so fast, even if it's just after the Y2018 report release, but I don't spit on 15% returns anyway).
Also added on BPF.UN on March 21, just expanding the position, nothing special.

That's all for this week :geek:
by farco
19 Mar 2019 15:38
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you sell? What might you sell? (2019)
Replies: 162
Views: 31638

Re: What did you sell? What might you sell? (2019)

I also played the greedy one today: Sold CPX, APR.UN, AD and CRT.UN today (15-20% / stock incl divi paid). It was time to reap some gains above dividends.
I'm a patient vulture and will wait for the next blood spilling, like a "nice" value investor. :twisted: :lol:
by farco
22 Feb 2019 20:40
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Exchange Income Corporation (EIF-T)
Replies: 15
Views: 1675

Re: Exchange Income Corporation (EIF-T)

Sensei wrote: 22 Feb 2019 04:01 @farco Not your ideal RRSP stock then. :thumbsup:
Haha for sure! :shock: :thumbsup:
by farco
21 Feb 2019 22:45
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Exchange Income Corporation (EIF-T)
Replies: 15
Views: 1675

Re: Exchange Income Corporation (EIF-T)

EIF is a stock that I swing trade since 2013. Not that I don't like the company but the trades on this stock are funny, and one time it has been silly but worthy ($6/7 gain in one day on bad/BS report about the value of the company). So, I discovered pretty fast that I could make more money by trading it than holding it for dividends.
It's certainly not the stock of the century for swing trading, but I don't complain.

I know it's not the main style / "financial ideology" of many people on this forum, but it is what it is.
by farco
02 Jan 2019 23:22
Forum: Financial Planning and Building Portfolios
Topic: How Did You Do in 2018?
Replies: 133
Views: 6032

Re: How Did You Do in 2018?

-5.82% for 2018
by farco
02 Aug 2018 13:20
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Power of Dividend Growth 2011 (and beyond)
Replies: 1116
Views: 108599

Re: Power of Dividend Growth 2011 (and beyond)

Taggart wrote: 02 Aug 2018 11:03 It's a completely changed world on the web over the last twenty years, so I just have to accept it. That and the huge pay wall the G&M surrounded themselves with and the free goodies are fast going, going,..... gone.
Personally I pay for data access (for 10+ years financials and other stuff) for years now, from a US provider since I haven't found anything here in Canada that gives satisfaction in this domain, for the way of investing I using.
by farco
17 Jul 2018 14:41
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2018)
Replies: 748
Views: 72617

Re: What did you Buy? What might you buy? (2018)

Bought BNS yesterday, my first bank (never too late), since its valuation came at a good price in my model.
by farco
15 Jul 2018 10:38
Forum: Financial Planning and Building Portfolios
Topic: Factor investing
Replies: 5
Views: 1918

Re: Factor investing

Never heard of it, and It looks like more swing trading than investing IMHO.
by farco
15 Jul 2018 09:33
Forum: Financial Planning and Building Portfolios
Topic: how many don't have RRSP account?
Replies: 16
Views: 1187

Re: how many don't have RRSP account?

I have only a TFSA + non registered accounts. I'm not interested at all by a RRSP for a few reasons.
by farco
02 Jan 2018 10:56
Forum: Financial Planning and Building Portfolios
Topic: How Did You Do in 2017?
Replies: 111
Views: 6836

Re: How Did You Do in 2017?

Total return 2017: +18.31% (including sales for 2017)

It's an exception because I made more transactions than usual, during this year.
by farco
02 Jan 2018 10:39
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Power of Dividend Growth 2011 (and beyond)
Replies: 1116
Views: 108599

Re: Power of Dividend Growth 2011 (and beyond)

Dividend paid increased by 7.74% in 2017 vs 2016. I expect between 8 to 11.5% increase in 2018.
by farco
25 Sep 2017 11:43
Forum: Financial News, Policy and Economics
Topic: Clippings 2017
Replies: 345
Views: 30801

Re: Clippings 2017

I hold REITs too, but I don't see how we can consider them other than what they are, stocks. It's like apples and berries.

They are a specific industry but the asset class stay the same.

They are also integrated with my cdn stock portolio.
by farco
22 Sep 2017 18:31
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 60932

Re: What did you Buy? What might you buy? (2017)

Initiated a position today with RNW @$13.68. I don't have much of utilities outside of CPX, time to change that a bit.
by farco
05 Jul 2017 23:06
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: Crescent Point Energy Corporation - CPG-T
Replies: 141
Views: 20104

Re: Crescent Point Energy Corporation - CPG-T

I exited from CPG in 2013, because of "serial dilutions" and also because my valuation model evolving didn't gave it good results on this stock.
No regrets.
by farco
27 Jan 2017 18:53
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 60932

Re: What did you Buy? What might you buy? (2017)

Started a position with CPX, one week ago, as part of my 2017 shopping list.
Reasons: Good valuation, phasing out of their coal burning plant (they will receive a compensation for that), good divi and cash flow, even if this one will see fluctuations do to plant's change but it is a long position anyway.
by farco
10 Jan 2017 19:07
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: 2017 Predictions Contest
Replies: 104
Views: 8085

Re: 2017 Predictions Contest

I'm against too, it's a free choice.
by farco
08 Jan 2017 10:51
Forum: Financial Planning and Building Portfolios
Topic: Portfolio Returns 2016, along with 5, 10 year CAGR Performance
Replies: 101
Views: 7761

Re: Portfolio Returns 2016, along with 5, 10 year CAGR Performance

1yr 2016 total return: 12.52% (VI stocks + CEFs + Prefs all CAD)
It's only the first year I track TR since I invest mainly for income (and cap app as a bonus), so excuse me for the lack of history.
by farco
08 Jan 2017 10:30
Forum: Stocks, Bonds, ETFs, Funds, REITS and More
Topic: What did you Buy? What might you buy? (2017)
Replies: 532
Views: 60932

Re: What did you Buy? What might you buy? (2017)

I bought some more FC and PIC.A past week.
by farco
24 Dec 2016 18:51
Forum: Financial Planning and Building Portfolios
Topic: Investing styles
Replies: 241
Views: 32741

Re: Investing styles

I like Tragic Pain (tm), it makes me money.
Nothing funnier than reading another VI bashing text. Opinions are liablities anyway.