August 22, 2015

So the S&P 500 ended the day on Friday down 3.2% and Toronto was down 1.9%.

Every stock on our list was down with the strand exception of Bombardier where the pref shares were up 17% and the common up 1.6%.

I have not changed my opinion on the higher rated stocks and will continue to add to positions as funds allow.

I started a road trip today. In Regina tonight. Ramada Hotel in Emerald Park is full. Nearby Boston Pizza was busy and the service very fast and everything about it was excellent. As an owner of the Royalty Trust units and as a customer I was well pleased. 7.5% yield on this? certainly looks like an excellent investment to me. Overall not seeing much sign of slowdown though I would say the highway was not crowded.

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