Sage Investors’ Post

Sold my position in iShares Global Water ETF for 37.6% gain. Stock was well above my return threshold. Regular followers will know water companies are one of my LT investing themes. Still believe it. Decided that I had reached my "enough" for the position and time to bank the healthy profit. Happy to jump back in at a lower price point.

Bought more shares in iShares Long Cdn Bond ETF. With LT rates creeping up on continued market neuroticism, and prices falling, decided to add more shares to average out costs. The trend continues for rates to fall, maybe not in 50 bp chunks, so likely for bond prices to keep tracking upward.

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Sold position in TD Bank for 2.7% gain. Decided to get out and preserve capital. After some thought and learning about the culture that set the foundation for their issues, I decided this was negative game changer moment that will impact the company and its stock for many years, so I decided to sell and direct the assets to better opportunities, maybe other banks. I'm lucky to squeeze out a small gain in the process. I was debating holding on, but at this point it looks like dead money.

Sadly my portfolios did not participate in today's "Everything is Awesome!" rally so used opportunity to add more shares as still feel medium-term narrative of rates going down will bear fruit. It's OK. That's the way investing go. That being said, portfolios managed to squeak out a tiny gain, thanks to the financials and commodities doing the heavy lifting. Just riding the wave on them.

Went shopping today to add to existing positions. Added more shares in Telus, iShares CDN Long Bond ETF, Canadian National Railway, iShares Cdn REIT ETF. All were down today so bought more to average out costs. US job numbers put upward pressure on yields so all these were down today, yet trend to lower rates is still in effect. Playing long game so happy to wait.

Bought more shares of Freedom Emerging Market ETF. Prices fell back on no real news. Appears euphoria of China stimulus wearing off. So decided to add a few more shares to average out the costs. Looking to build meaningful exposure to Emerging Market space with out China so this ETF IMO thinking may fit the bill. Currently break-even on the position.

Sold position in Cameco for 22.6% gain. Only held the stock a short time, but stock just popped in all the hysteria and crossed my return threshold so following my playbook I decided to bank the profit. I like the company and space, but the stock has moved too far too fast for me, so rather take an easy and healthy profit. Happy to jump back in at lower price point. As always the market doesn't move on my personal schedule and wishes, so take what it gives you.

All lined to pick some lux retail stocks and sure enough China stimulus pops them all up. Dammit! Sigh...going to have to ride what I've got (which is much less than I would like) and wait. Going to have to fight the FOMO now with these one's.