I have added Paladin Resources (PDN.TO) to my StokBlogs portfolio.  The reason was mainly for diversification purposes - now I own two uranium stocks.

Unfortunately, and I apologize to my readers, my real life portfolio has become out of sync with my StokBlogs portfolio in terms of percentages.  Simply put, I earn money at my job and therefore can keep adding cash to my portfolio.  Whereas in StokBlogs, the amount of capital available is always fixed.

For full disclosure, I bought way more PDN.TO than my StokBlogs portfolio indicates.  Also, when UTS.TO was still undervalued, and fell a little, I quadrupled my position.  I also plan to keep accumulating SXR.TO, BQI, and WTO.TO if opportunity presents itself.  But I am no longer a buyer of UTS.TO at these prices.  In fact, I might take some profits soon because it is my largest position.

And finally, in my RSP portfolio, I bought a small amount of Tim Hortons (THI.TO) today at $32.62.  If you have ever been to a Canadian Tim Hortons, you will no doubt experience what we call a line-up.  Tim Hortons is a great Buffett type of business with a huge moat around it.  I purchased it in my RSP because it is a portfolio that I do not look at every day.  I just want to buy the stock and forget about it.  I know it will be up in the future and I did not want to kick myself later on.  Furthermore, Tim Hortons is still a relatively small company and I figure, if Starbucks understands the coffee business as well as I think they do, they will acquire Tim Hortons while the price is still low.  Tim Hortons operates in a whole other different segment, what I call the “cheap and fast coffee” segment.  Their coffee is cheap, they offer good food, and, despite the line-ups, the service is fast.  In short, the company has a very bright future.