Deploying Some Cash
OK now that the market is open today, I was able to put some more of the idle cash to work.
6.5% of my idle cash was invested 50/50 in ZLB and ZLU.
There is obviously still more to go. The cash pile went from 68% down to 61.5%.
OK now that the market is open today, I was able to put some more of the idle cash to work.
6.5% of my idle cash was invested 50/50 in ZLB and ZLU.
There is obviously still more to go. The cash pile went from 68% down to 61.5%.
Here’s a quick look at some stocks/funds that I sold in the past year. And how they have performed since then. 1. True North Commercial Real Estate (TNT-UN.TO) This was an opportunistic play. The trust suspended its dividend, and the stock price fell. I decided to get in (for $1.33 per share) in anticipation of…
This post was written by an AI… Not bad, eh? Investing your spare cash into ultra short-term bonds might seem wise, especially given the current interest rates of around 4.5%. But before you make any investment decision, it’s essential to understand what ultra-short-term bonds are, how they work, and the pros and cons of investing…
I should probably define an exit price every time I buy an individual stock. Because I never know when to sell. I buy stocks of individual companies because I think they are undervalued. I look at the money they are making, their revenues going up to the right, and their free cash flow, and decide…
When I started this blog, I had several long-term goals. They were around reducing my uninvested cash and returning me a reasonable rate of return. This has been a tough year for investing in the stock or bond markets. The worst on record for the bond market and a rocky year for stocks too. A…
I can’t take this anymore. It’s bordering on ridiculous. Stocks are down another 1%-2% today, and banks are getting wrecked. I invest in financial stocks. I invest in banks. I have my money in cash in bank accounts. If banks fail, what is there? This is supposedly the bedrock on which our financial system is…
I’ve been putting off writing this one. Partly because I didn’t want to face it, and partly because every time I sit down to look at my Novo Nordisk position, the number just looks worse. As of today, I’m down about 27% on my total investment in NVO. It stings. Not in a “there goes…
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