TSX:TNT.UN - Post by User
Comment by
pandscaon Feb 22, 2020 8:23am
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Post# 30720691
RE:RE:RE:RE:RE:That was a nice bump to $8.15
RE:RE:RE:RE:RE:That was a nice bump to $8.15My average buy was just over $6 so I took over 30% profit - which for my ailing TFSA account is a miracle.
I won't predict anything - My TFSA picks tell me I would suck at that.
TNT was my golden egg. The only shining star in my junk portfolio.
But still it's a stock and this is still the stock market so all my investments were either going to be beer or stocks. No Molson stocks though :)
My 30+% gains, of course,came after, and are not part of, years of monthly Divs that I had always collected and manually reinvested (never subscribe to DRIP - you pay for your laziness) at choice times (around the 6 to 6.25 area).
All-in-all, TNT already covered my losses of those SH*T Health and Gold stocks just from the Div payouts alone over the years, but I really needed to clean up this portfolio mess shedding those other stocks and will begin to start anew again with a much healthier portfolio with another bank (BMO sucks) and based on all the knowledge I've gains over these many years of TFSA investing.
TNT will be the first stock I add back in after my TFSA refesh process is completed.
Stay the path with TNT.
Even if the stock drops, remember your Div will not unless the Div exceeds a certain threshold compaired to income - set by TNT.
All the best moving forward.