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Canajun Finances Home » Stock Picking Update, Crypto Credit, and #MoneyTalk

Stock Picking Update, Crypto Credit, and #MoneyTalk

At the start of the year I actually published a Stock Picking post about what to buy this year. It was mostly me being snarky about stock picking done by other bloggers, but I started to think I should continue to eat my own dog food, and figure out what my stock picks did, in terms of return.

Stock Picking
Here is where my stock picking stands now:

Jan-01 Apr-01
VDY $1,000.00 $950.00
TDB911 $1,000.00 $1,013.30
TDB909 $1,000.00 $998.00
TDB902 $1,000.00 $1,015.50
TDB900 $1,000.00 $954.50
Value $5,000.00 $4,931.30
Loss or Gain  0.00% -1.37%

Losing about 1.4% is nothing to brag about, but, given the volatility of the market it isn’t too bad either. My guess is this could be a volatile year. We shall see what the summer does my stock picking prowess.

It is Friday the 13th today, it must be true that someone has done something odd financially today, because of this date. If you have, shame on you!

I was intrigued by a statement I saw on Reddit, that the RBC will no longer allow you to buy Crypto Currency with their credit cards. The statement doesn’t give a reason, and simply does the Canadian thing, and apologizes for the inconvenience. I am a big fan of brevity, but that is astoundingly terse for that kind of decision. My guess is they just don’t trust the Crypto-currency marketplaces enough to allow their credit vehicles to be used there. If I can’t use credit cards to buy cryptocurrency how do I pay for it? Gold (Au)? Cash? Other cryptocurrencies? Intriguing.

In other financial news  I threw up in my mouth when I read Mackenzie fined for excessive promotional spending. The money spent is your Management Fees, and that is where that extra money goes? I still feel nauseous .  Your retirement money is giving folks iPads? Wow.

My Recent Writings

What is a Serial Refinancer ? You know someone like this, they keep building up credit card debt, then either getting consolidation loans or adding it to their HELOC or worse their mortgage. This is serial murder for your finances.

I don’t think folks understand that with investing, when you sell is more important than what you buy. I attempt to elaborate on that with 2 Key Investment Strategies. Being a Millionaire “on paper” means nothing, until you have the money in your hands, you are not a millionaire.

Micro Blogging on Finance

More women are filing for bankruptcy, is this a win for women? Truth of the matter is, I don’t think so, but there is a podcast to talk about that one this weekend.


Spring in Ottawa means any weather is possible and will happen, unfortunately, as we batten down for yet another interesting weekend of snow. Here are some great financial stories to help you pass the time. I’d rather be snow drop picking,or even stock picking (and not snow shoveling).


So a Mercedes owner in Mississauga took his car in for service the other day, and was not pleased with what transpired. I need to install my car camera this weekend I think.

The New 2018 Random Thoughts

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Feel Free to Comment

  1. I’m afraid that I may be a serial refinacee.
    I paid off my HELOC before I retired (2107). Unfortunately I incurred some cap gains for which I will have to pay this year.
    And now with the market dip I have refinanced my stock purchases through my HELOC – which I utilize just for investment purposes so the interest is deductible.
    The stocks are down almost $4K since initiated. Fortunately the dividends are paying the interest as well as paying down some of the principal every month. Love those MOPAY’s. At this rate I figure I should be debt free in approx. 25yrs. Luckily I plan on living till 200


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