My mom came for Easter and we had a fun time. It was nice to be away from work for a few days.
Yesterday, we went to the Museum des Beaux-Arts which located on Sherbrook. Once our visit done, I show my mom the Montreal Ritz Carlton from the outside... and the inside LOL. From the outside, it was saying that apartments start from 1.4 million to 15 millions... we were laughing ahah whatever... and then... we went inside the restaurant and my mom went to the girl and said "we are only looking"!!! The girl was nice and said isn't a private establishment and after she made a little visit of the restaurant and their garden for us. And my mom asked me to take a picture of her with her... And the nice girl took the pose with my mom. Tooo cute! We were quite special tourists that day.
But we weren't done... We left the restaurant and we went inside the hotel. We went in the lobby, we stepped in. Ahhh Montreal Ritz Carlton is such a pretty place. If I would had a fortune, I wouldn't hesitate, I would be buying an apartment at the Ritz and I would be shopping at Holt Renfrew and I would have a few Denis Gagnon dresses, dresses that he would have sewed directly on my naked body. And after that they say that money doesn't bring happiness.... oh lala.... I have my fantasies, I guess you have yours...
We visited a lot for the past couple days, went to the movie 2 times, Old Montreal, downtown, La Baie, shopping, etc. etc. There's a lot to do in Montreal. I hate those places were they don't accept credit cards as method of payments. It happen 2 times in restaurants and I had to withdraw money at their ATM machine. I never have too much cash on me.
For her last day in town, my mom wanted to go tot he Casino. We went and ding ding ding, I win a $250!!! I continue to play a little and after I withdraw the money, so I had left a bit more than $220. I decided to withdraw because that money is greatly needed. I racked up my credit card to $920 last month... And with those expenses of this weekend... outch. The $920 came easily after I spent for the birthday gift of my mom, some beauty products, clothes and so on. This is a reason why I am not on an active DRIP for my portfolio. I am spending too much, I know it, I spend the money and take it down from the dividend. Simple and easy, just the way it need to be.
My next vacations will probably be on May for Victoria Day. I would prefer the train to the bus, but I have a 40% certificate available for the bus run. So I guess it will be another too long bus run. I haven't went home since Christmas and I began to feel the New Brunswick wind calling me home.
I am getting paid this week so I will be able to pay off everything and I may have left a little extra. I was reading Susan Brunner blog and I came across AltaGas Ltd (ALA). I find that stock very interesting. It among Susan Brunner favorite stock. So Alta Gas Ltd deserve our attention. Nothing is decided yet, but I am considering ALA for my portfolio. It will certainly be added sooner or later.
Until that time, my non-registered portfolio is exceeding the 122k, which is good I guess.
I have held ALA for almost 3 years and am up over 59%. It's a great stock
ReplyDeleteALA is a great stock. I've owned it for about 2 1/2 years and am up over 59%
ReplyDeleteWhy track the value of the securities in your nonregistered account when you've purchased them with margin and other loans? You should be tracking the amount of equity you actually have in account since you'll have to repay the margin when you sell. It's the proper thing to track because it's really what you own, and it's not an inflated or misleading number. If I deposited 10k into account that had 500x leverage (e.g forex account), I wouldn't claim I had a 5 million dollar portfolio..
ReplyDeleteWow nice win at the casino (^_^) Glad you had a good time with your mom. The chart for ALA looks pretty good and the dividend isn't bad either. I'm interested to do some more research on it myself. Thanks for the tip :D I don't have any money to buy stocks at the moment but maybe I will later in the summer.
ReplyDeleteGlad to see you had a good time with your mom visiting. Those memories will never be for gotten.
ReplyDeleteHi Sunny congrats on your win at the casino! Every time I go I always end up broke.
ReplyDeletetotal investment mean nothing. I can have 10M in investments with 9M in debt, so technically I am only a millionaire.
ReplyDeleteall your milestone is really misleading. you haven't reach 100K, you are technically just above 50K.
out of which I would say 100% is just your money saved up.
you haven't gained much from the markets going up...
so true misleading way to keep track your portfolio...
ReplyDeleteOkay, I've picked on you in the past too, but have tried to see past some of the sexyigirls flaws. You are doing much of what others are not - investing and planning for your future - good on ya for that. Now that you are on your way and have the habit of putting money into the markets you need to work on balancing your books to know how well you are doing relative to the market and other maybe easier investment techniques. You need to document your money flow, in out and all costs associated with the resultant return you are getting. until you do that you really are just living a dream that everythign will work out, when it looks to us, that currently that dream might be a bit on the short side. - Cheers.
ReplyDeleteHi Sunny,
ReplyDeleteI'm interested in how much time you spend reading your annual reports every year. In my portfolio I have 12 companies, and each sends an annual report, which takes me 2-3 hours to read. How do you find the time to know what your companies are doing?
Mark
most of your accumulate wealth is hard earn money wasted away to be taken away from mr market. you are basically living very frugal to give all your money away to the markets... you are lucky that you are barely breaking even with your reckless investments... markets returned 100+% in the past 5 years. what's your return???
ReplyDeletei bet she doesn't read the material. all she's concerned is her total assets and hope everything goes up in price...
ReplyDeletewhat's your rate of return???
ReplyDelete