AFTER PARKING MOST OF MY NEST EGG IN VERY CONSERVATIVE INVESTMENT ACCOUNTS THERE WASN'T MUCH TO WRITE ABOUT. TPCI IS BACK WITH SOME THOUGHTS AND IDEAS, OTHER THAN INVESTMENT IDEAS, TO SHARE WITH CANADIAN BOOMERS, RETIREES AND SNOWBIRDS.


Nothing on this site should ever be considered to be advice, research or a suggestion or invitation to buy or sell any securities or any other product or service. Every investor should do their own research and consult their own finance guy. See full DISCLAIMER.


Saturday, December 11, 2010

Defying Gravity

I'm happy to say that I've got enough going on in my life that I don't watch BNN 24/7. Yesterday I came in on the right side of a curling match and  was away from the house and BNN so I don't know exactly what happened.  I was surprised to see that the TSX gained ground throughout the day while the big Canadian commodities, gold and oil, were losing ground.  Usually the TSX tracks pretty close to these two.  At the end of the day the TSX carved out a 72 point gain and my stuff advanced for the ninth consecutive day.

Right now I'm holding eight stocks and watching twenty-two others.  Yesterday only two of the thirty went down.

I took a small plunge into US waters this week and made my first purchase on the Nasdaq Exchange.  Bought Cisco Systems as the outlook for them is very good for the coming year.  An anticipated explosion in the smart phone and tablet market will flow through to Cisco as the massive amounts of data which these items utilize is processed by Cisco equipment.

IMPORTANT REMINDER:
Nothing on this site should ever be considered to be advice, research or a suggestion or invitation to buy or sell any securities. Every investor should do their own research and consult their own finance guy. See full DISCLAIMER.

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