Tax loss selling

This week I started to clean up my investments. Tax loss selling, reducing number of holdings, and writing call options are my objectives. It is funny that I listed those I wanted to sell in the summer, but waited only until this week to act. This procrastination is costly. Atlantic Power, Extendicare, and Veresen stock cratered in November and fell into the toilet in December. My two Horizons ETFs, one an inverse ETF the other a VIX ETF, lose value everyday. It proves that once a sell list is made, just sell.

Sold Empire Company with a small gain after they reported strong earnings. Held this for a year and the stock has gone nowhere.

Sold the two Horizons ETFs and Atlantic Power at steep losses.

I still have dogs Veresen, Pengrowth, Innvest, Extendicare, all underwater. Pengrowth is the worst. I inherited it when it bought NAE. Should have sold. Valenar Gaz Met looks dead and the BMO Covered Call Bank ETF is second rate. All these are distractions not worth my time.

How the times have changed for Encana. The steady uptrend that started in April is broken. Guess I will add this to the sell list.