One more reason to long GIB.TO

I always advise CGI members to stay on proven ground and to stay away from exotic temptations, whether it is exciting new technologies, unbelievable job offer and even trendy and hip clothes.

Here's one more thing to add to your internal check list: personal investments.

Some people are just plain weird, they work their ass off to rake a few dollars and if they resist the socially-acceptable urge to blow their disposable income on electronic gadgets, they throw themselves into the arms of the closest Investors Group representative. The conversation usually goes like this:

Dumb customer: I want to make money, I don't know jack about investments nor do I have any interests in learning, therefore I want to trust you since you have a nice suit or your office is way better than mine.

Smart representative: I'm happy to welcome you as a new gullible client as it will increase my personal bonus even I make you loose money, in which case I'll blame the markets and/or Bernanke. How many of your friends and relatives are as clueless as you? Are they on Facebook as well?

Dumb customer: Well, I want to make money. I listened to one guy on the radio saying ETFs are a good strategy. What's an ETF? Hold your answer, I won't be able to understand the lingo anyway, here's a fat check.

Smart representative: What a happy coincidence, our company has just released a truckload of synthetic ETFs, from the same smart people who designed fabulous CDOs in 2007. May I interest you with our latest leveraged ETF? It is actively managed, meaning the guy in charge spends an awful lot of time playing golf to hear rumors. I could forward you the link but since you're low-watt bulb in IT I'm afraid the PDFs thick with obscure wording and acronyms might make you feel awfully inferior and humiliated. Let me take your check.

Dumb customer: Thanks, I already feel better.

Smart representative: So am I.

If you have at least half the mental capability of a lobotomized donkey, you should open a trading account and buy decent stocks for the long run, like GIB. It won't make you a millionaire, it will never pay a sinful dividend, but it will keep you safe from the non-sense out there.

CGI trades slightly below $20, down from its peak at $24.30, you should act now if I were you. P/E around 11, how many deals like this can you find today?

Plus, owning more GIB will make you a better member, so happiness is a by-product.