Lobster Shorts finances, stock market

Out Of This World Stock

Disclaimer: I am not a financial professional. This my own personal, uneducated journey through the stock market. Do not use this blog for financial advice.

Let me start by saying, I have no idea if this stock is any good or not, but I bought it because it sounds exciting. I bought one share of MDA Ltd for $15.48. MDA is a Canadian company, and an international space mission partner that works with robotics, satellite systems and geointelligence. AAAANNNNDDD they are working towards moon colonies (according to this website)!!!!! I want in on that.

My previous stocks were starting to look up last week, but took a bit of a nose dive today,, so maybe it was a good day to buy that stock? Again, do NOT take financial advice from me. Consult a professional.

Lobster Shorts finances, stock market

April 2021 Stock Purchase and Updates

Disclaimer: I am not a financial professional. This my own personal, uneducated journey through the stock market. Do not use this blog for financial advice.

I bought my April stock a little early, but since it is almost April, I went ahead and made the purchase. I bought two stocks and went a little over budget. Not because I was positive these were sure things, it was because I felt like it. These were both USA stocks, so I had to pay a conversion rate for them.

The first was Vizio (VZIO), they sell smart TVs. I bought one share for $21.47 with a conversion rate bringing the total for one share to $27.44. I picked this one because most people have smart TVs and I can’t see them losing popularity any time soon. The second stock I bought was one share of SEMrush Holdings Inc (SEMR) for $11.97 with the conversion rate bringing the total to $15.30. SEMrush has something to do with online marketing campaigns and ads.

I had also wanted to buy a stock in InnoVage Holdings Corp (INNV) an American company that deals with senior care, but I was over budget already. I thought this might be a good one as we have an aging population. Possibly it will be my pick for next month. I was also interested in stock in Joann Inc (JOAN), the American craft store (one share around $10.00. My instinct was to pick this one right away as I love crafts, but when I compared it to Michaels, the other big craft store that has been around forever, the stock was worth around $20.00. Although that is double the price, after I pay the conversion rate, I wouldn’t be that much ahead and that is only if the stock caught up to Michaels. I may regret that decision one day, but for now that’s what I chose to do. I really want to buy a share of MITC the 3D meat printing company (Meat-Tech), but they were currently not available on the Wealthsimple platform. This is the one I wanted the most and I’m hopeful it will available on my trading platform soon. I requested it, but they haven’t added it so far. I would probably break my budget rules (again) if it becomes available soon.

Here’s a list of how my current stocks are performing:

GFL bought January 14/2021 for one share at $38.17, currently worth $42.79.

WISH bought Feb 01/2021 it was $31.85 + conversion fees, costing a total of $41.44 for one share, currently worth $15.61. I’m getting really screwed with this one. This is the one I thought would go up really fast as Wish is such a big company.

BBD.A bought Feb 19/2021 for one share at $0.84 for one share, currently worth $1.03.

BBD.B bought Feb 19/2021 for one share at $0.58, currently worth $0.87. This one is performing surprisingly well. I’m tempted to buy a couple more shares.

PSYK bought Feb 24/2021 for one share at $10.71, currently worth $8.32

PTVE $14.51 +1.28 exchange rate fee, for a total of $18.54 bought March 02/2021 – currently worth – $13.92

Currently, I’m more in the hole than profiting, but I’m going to hold onto the stocks that are doing poorly anyway and hope they come up in value.

Lobster Shorts finances, stock market

Stock Update March 2021

Disclaimer: I am not a financial professional. This my own personal, uneducated journey through the stock market. Do not use this blog for financial advice.

How are my stocks performing? See for yourself.

GFL bought January 14/2021 for one share at $38.17, currently worth $40.81.

WISH bought Feb 01/2021 it was $31.85 + conversion fees, costing a total of $41.44 for one share, currently worth $18.68 (ouch).

BBD.A bought Feb 19/2021 for one share at $0.84 for one share, currently worth $0.84.

BBD.B bought Feb 19/2021 for one share at $0.58, currently worth $0.57.

PSYK bought Feb 24/2021 for one share at $10.71, currently worth $9.98

Today I bought PTVE (Pactive Evergreen Inc. They are a food packaging company for restaurants) for $14.51 +1.28 exchange rate fee, for a total of $18.54. I bought it because people are eating out more often and with the pandemic they are using a lot of take out containers. I also bought it because I only had $20.00 left of my $30.00 a month stock spending limit.

Well, at least one of my stocks is doing okay lol. I can’t say the same for the rest, but again it’s early. I hope they do much better in the future. Maybe a couple of months is too soon to tell?

Lobster Shorts finances, stock market

PSYK – The Psychedelic Stock

Disclaimer: I am not a financial professional. This my own personal, uneducated journey through the stock market. Do not use this blog for financial advice.

I bought a single share of PSYK – Horizons Psychedelic Stock on February 24/2021 for $10.71. It is currently worth $9.79 – not off to a great start. I was supposed to wait until March, this happens when I browse. I buy stuff. I’m going to make a rule for myself of no browsing stocks until the next month. If you haven’t seen my previous posts about buying stocks, I am limiting myself to $30.00 a month in stocks, since I am new and know nothing about the stock market.

PSYK attracted my attention because it was new and, well it’s about psychedelics. I believe the stock is an ETF (exchange traded fund), which I think means that it’s a group of stocks. I didn’t realize that when I bought it. There’s SO much I don’t know. The stock involves psychedelics in the healthcare sector, you can find more information about it here.

Lobster Shorts lifestyle

February 2021 Mid Month Stock

I broke my rule. I was only going to buy $30 in stock, once a month. Thursday, I was playing around on WealthSimple and saw two stocks for under $1.00. The stock was for Bombardier class A and Class B (I had no idea what the difference was at the time). Class A BBD.A was $0.85 and Class B was $0.58. Because they were so cheap, I bought one of each. I figured “Why not?” when the total price was under $2.00. I put a limit buy for each of them for $0.99. I got Class A for $0.84 and Class B for $0.58.

I know now that the difference between the two was voting rights, according to this website. From what I read, I should have purchased the Class B stock, as I am not interested in voting rights and it was much cheaper.

Bombardier is not doing well and will be laying off 1600 employees. I only bought it because I liked the price (and the name. Bombardier, I like the mouthfeel of the word). These are some of the reasons you should never take financial advice from me. Mouthfeel, is not likely a solid method for choosing stocks.

I am reading the book pictured below (I purchased it from Indigo), to learn a better method for choosing stocks.

Lobster Shorts finances, lifestyle, Uncategorized

Think It And It Will Be.

Manifest Your Dreams…

Many of us have heard of The Law Of Attraction. I watched the movie years ago, was motivated to give it a go, and then forgot all about it. I’m not convinced that this will magically turn all my dreams into a reality, but I’m also not convinced that it wont.

When I think of money, I think of horrible, old men, in old fashioned lawyers wigs (you know, the curly, long white wigs, and no, I have no idea why), and maybe that’s part of the problem. With negative associations with money, possibly I’m subconsciously repelling it from me. How can I attract something into my life that I have an aversion to?

I’m working on this. Associating money with panicked feelings of lack, are only going to perpetuate more bad feelings towards it. Now when I think of money, I consciously think of it with gratitude and positivity. I think of all the good things it can do for me, instead of focusing on what it’s like to not have enough of it.

I have fairly decent sized debt I’m focusing on paying off and there’s this tiny little thing I really want (a houseboat!). My goal is to tackle the debt first, then save for the boat. I’ve been reading a lot of financial books and it’s helping keep me motivated. They all say to stop buying crap you don’t need (guilty, guilty, guilty). I’m fully aware I do this, but after a few months I fall back on bad habits. Hobbies are a huge problem for me. If I get interested in something I’ll buy a ton of stuff for said hobby and then a few months later I’ll be bored of it. I’m going to need to read financial books until the day I pay my debt off completely. I’m OK with that.

Instead of using stuff, I’m focusing on experiences and being in the moment, to make me happy. Acquiring things has only ever made me temporarily happy (and cluttered up my home). I look forward to being free of debt and enjoying living my best life.