Part of my strategy -- aside from taking into accounts the ratios (PE, EPS, etc.), dividend history and all that -- will mostly consist of buying stocks I already own. I will therefore have to wait for a price fallout of at least 10% compare to their highest price of the stock during the year. (Check out my strategy here). This was the case yesterday with BNS dropping more than 12% from its year high. Boom! I had to make a move. Why didn't I buy more from myself? Like I mentioned in a recent post related to my Portfolio Sector Allocation, I'm pretty much set right now on the Financial front. But it doesn't mean I won't budge at all. Let's wait and see.
AdSense : some of you might have noticed I have some publicity on my blog now. Yeah, I'm trying out this Adsense thing. I guess this is all new stuff for me. Not sure I understand completely how to interpret the datas. It looks as though I might have made 2.00$ in February! Not sure how I did it. Anyway, let's not pop up the champagne yet. I decided not to put too much ads on my blog. It bugs me when I visit one and they are everywhere. Ads shouldn't bother a visitor. Will see how this thing turns out to be. If you have any clue or advice for me. I'm all ears.
Dividend Investors Orthodoxy: a received a somewhat condescending private message basically saying I shouldn't waste time investing in so-called penny stocks. That this wasn't real investing and it was a stain, a black spot on my portfolio consisting of mostly serious dividend paying companies. Yeah, you read well. Apparently this person doesn't like speculative investment at all. I totally understand the point. In all seriousness, it's true investing and speculating are at complete opposite. I get that. This is why a tiny % of my portfolio is dedicated to those long-shot investments. I don't think investing this way is in any way disrespectful of my strategy nor does it represent a stain on my portfolio. We are allowed a little flexibility, aren't we ? It's my money after all! Besides, I only hold two speculative investments. Here's what I was writing about this in Portfolio Sector Allocation post.
|Sector||% portfolio||% Goal|
Surely, it's a little pejorative to call Junex (JNX) and Therapeutics Knight (GUD.to) penny stocks. But they don't belong in the Dividend stocks category either. Let's call them speculative companies. Junex operates in the energy sector and Knight in the pharma one. I think 3 % of one's portfolio is not too much for having a little fun, don't you think? I have big and very colourful aspirations for these two. Let's dream big.