Things I Sold in the Last Year
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 them re-instating their dividend.
The company performed a reverse stock split of 5.75 to 1, bringing my cost basis to $7.65 on a reduced number of shares.
Less than 2 months later, the stock was trading at $10.09, and I sold it. I made a 31% capital gain.
The stock is currently trading at $12.32. So, if I had held on from January until now, I could have eeked out another couple of dollars per share. Instead of paying a distribution, the company is currently using the money to repurchase shares.
I don’t regret selling. I made 31% in less than 2 months.
2. Vanguard Growth ETF Portfolio (VGRO.TO)
I bought it in January 2024 and sold it in April 2024 for an approximately 3-month hold.
I paid $31.61 for the shares and sold for $33.60. Just under $2 per share profit.
Currently, it trades for $36.64. I missed out on $3 per share in the last 7 months, or about 8%. The stock market did better than 8% at that time, so I don’t really regret selling if I put the money into an S&P 500 fund.
3. BMO Low Volatility Canadian ETF (ZLB.TO)
I bought it in June 2022 and sold it in January 2024 for an approximately 18-month hold.
I paid $40.06 for the shares and sold for $41.74. Less than $2 per share profit for those 18 months, or less than 3%. Total return around 6% with distributions.
Currently, it trades for $48.06 so there has been a wonderful run up this year.
This was just a terrible hold for such a long time, and I am thankful that I sold it. However, I did miss the big run up. You just cannot have faith in something that does nothing for so long.
Even if it’s done well recently, there’s no faith there.
4. BMO Ultra Short Term Bond ETF (ZST.TO)
I bought it in February 2023 and sold it in January 2024 for an approximately 11-month hold.
I paid $48.75 for the shares and sold them for $48.80. There was no capital gain. The total return was around 3% with distributions.
Currently, it trades for $48.94, so there continues to be no return. Good sell.
5. Pizza Pizza (PZA.TO)
I love pizza, and I loved this stock.
When I bought it in February 2022, it was a good price during the pandemic. Started buying around $11.94 up to $12.50. I ended up selling in July 2024 for $12.95. $1 per share profit in capital gains, plus distributions means an 8% total return.
This is another stock that had a run up, and then was flat. I could put the money to use elsewhere, and have.
Pizza Pizza trades for $13.16, so it has barely gone up since I sold.
6. YieldMax Tesla Option income (TSLY)
This was a crazy stock. It was trying to return 50%+ per year in options income.
But the price kept falling, which takes away from that 50%. I couldn’t stand the capital losses any more.
I bought it in December 2023 for $11.41 per share. It underwent a 2:1 reverse stock split, raising my cost basis to $22.82 per share. I sold it in July 2024 for $16.96, for a big $6 per share loss.
With 30% distributions and a 25% capital loss, I eeked out a 5% gain over those 8 months.
The stock currently trades for $12.12.
It’s a difficult stock to hold. I’m glad I’m out of YieldMax stuff.
