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Bullboard - Stock Discussion Forum AltaGas Ltd T.ALA.PR.B


Primary Symbol: T.ALA Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States... see more

TSX:ALA - Post Discussion

AltaGas Ltd > What would you do if you were about 84 ?
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Post by bossu on Mar 19, 2022 4:09pm

What would you do if you were about 84 ?

To DeanEdmonton,

This is where Quasimodo stand and the main reason why I'm overly cash and just make sure to be protected in case  of a market melt down which could happen at any time.

Of course the answer is easy and I should give the 65 % to RBC Dominion Security Inc or others and this probably what I'm  going to do soon but in case of a market correction the damage could be reduced.

But being an active trader and quite familiar with the general market and driving my 3 potfolios with Direct Action on a daily basis and of course being '' passionate ''with the stock market and acting as ''A lone Ranger''

Just to give you an idea of my trading activities on Direct Action;

                                            Activities                               Activities
-REER   Quasimodo         1 year     324      last  90 days    127
-TFSA    Quasimodo                        287      last                    68           
-TFSA   Esmeralda                          145      last                    45
                                   Total              756                               240
Just to show the frequency of my trading activities with the very high market volatility never seen before help me to generate small /modarate profit when I push the buy/sell button.
My success rate is over 9 wins on 10 trades and very good investments 
in the oil and gas sector /midstream/banking/pipeline/gold

And just to show the yield in my 3 portfolios;

                     From January 2 2021 to March 18 2022         this year

-Quasimodo FEER                 +  51 %      
-Quasimodo TFSA                  + 25 %    
-Esmeralda  TFSA                  + 79 %
                      Average Total      41%.......................................4 ,0 %

A mandatory withdrawal of 6 % per year in my FEER or 8 % would give 59 % yield in 14 months and a half.

In my mind not a bad score but it could have been much better if I only had a good adviser which by the way I had  with a trial for 10 % funds  and just able to generate  a small loss in a 4 months period.By the waythe storey did not last long.

So DeanEdmonton thank you for your comment but you have different ways to invest and   Sarge is one of the  the best and his comments about the stock market and where'' he and his wife '' are invested is in a very conservative and boring  companies about where my 35 % exposure in the market  is with  a 5 % to 15 % additional funds  for the swing tradings that  generate a pretty good yield.

Happy trading !
Comment by bushman33333 on Mar 19, 2022 6:09pm
This post has been removed in accordance with Community Policy
Comment by sledig on Mar 21, 2022 1:53pm
All the best to you. I don't  quite see it like you do. You're  only 84 till you're not. I'm 61 and looking to totally wind down in a few years. Maybe keep toe in it a little bit. Everyone's  circumstances are different,  some have good genes others don't.  Glta. Average age for a male I think is about 84.
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