I started trading last October and have been slowly filling out my portfolio. The general rule I follow to take a look at a stock is if the 50 day moving average crosses over the 100 day moving average. If the 5 day moving average is over the 20 day moving average, I take that as a good sign too.
I'm only trading stocks in the TSX so far. Beside each stock I'll put the percentage of the entire portofolio the stock takes up.
AD - Alaris Royalty 8.8%
BCE - BCE Inc. 14.6%
BPF.UN - Boston Pizza Royalties 14.2%
IPL.UN - Inter Pipeline Fund 9.4%
KEY - Keyera Corp. 11.1%
PPL - Pembina Pipeline Corp. 10.4%
PSN - Poseidon Concepts 3.6%
VIP.UN - Aston Hill VIP Income Fund 8.9%
VSN - Veresen Inc. 9.1%
YP.UN - YieldPlus Income Fund 7.5%
Cash - 2.3%
I also really like stocks that have a good dividend. All of the stocks have one and my grand total dividend yield (of the purchase price of the stocks) is 6.7%. The stocks have gone up a bit since I bought them, so the current yield will be a bit lower.
I also have a system to decide how much of each stock to buy... I'll describe that in a later post.
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