As my handle suggests, I’m kind of an “Energy Guy” 🤡. This week, I sold a bit of Black Gold to buy some Yellow Gold 🫣 Took profits by selling 1,000 $WCP Whitecap Resources at 18.64. Sold 500 in the RIF to draw funds from & 500 in the TFSA. Also sold 250 $CVE Cenovus Energy at 46.20 in the TFSA I didn’t want to sell but felt compelled to take some big gains and diversify the portfolio a bit 👍🏻 For the TFSA, I bought back 500 $NXE at 13.88 after the recent drawdown Also started the first position in Precious Metals in decades! With all the turmoil out there, a little gold serves as a bit of portfolio “insurance”. Like all insurance, I hope I NEVER USE IT😬😬 Bought 888 $BTO B2Gold at 7.43 and 18 shares of $AEM Agnico Eagle Mines at 276.50. Anyone else shifting a wee bit into precious metals? PS - Energy still makes up 60% of my portfolios so I’m not bailing out folks 🤡 Energy makes ALL of Canada 🇨🇦 Stronger & more Independent 🤠Never a 51st State!
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3 Comments
Moe @moe_on_margin · 7m
I’m making big rotations in my portfolio adding more miners, refineries, commodities and counter cycle businesses.
Susan @sm0007 · 2m
I’ve got both O&G as well as Miners 👍
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