How did my portfolio do in connection with the market correction we had in October 2014? If you have dividend paying stocks, it should not correct as much as the market does.
I look at the TSX Index on August 29, 2014 and the one for October 21, 2014. The numbers were 15,558.17 and 15111.13. So from the end of August 2014 to last Friday, October 21, 2014 the TSX Index is down by 2.87%.
I look at my portfolio on August 29, 2014 and for October 21, 2014. I converted by US account into CDN$ based on the exchange rates of August 29, 2014 and for October 21, 2014. I added back into my account all monies taken out and subtracted any new money. My portfolio is up by 1.09% since the end of August 2014.
I have put into my TFSA account some riskier dividend paying small cap stocks. This account is down by 4.42%. I started this account in 1997. My US account in US$ is down by 2.18% but in CDN$ it is up by 1.24%.
My oldest account, where I have stocks dating back to the early 1980's, is up by 3.07%. I did not start this account until 1986, but I had stocks before then and placed them in this account. My RRSP account, started in 1995 is down by 1.24% and my RRIF account, started in 1998 is down by 0.09%. (I had some locked in pension money and could only access it by an RRIF account.)
On my other blog I am today writing about Keyera Corp. (TSX-KEY, OTC-KEYUF) ... continue...
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