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Sunday, March 10, 2019

Another stock: Brookfield Asset Management Inc. (BAM.A)

The TSX closed this past Friday session under the 16 000 points. My non-registered portfolio closed the session at $122 982.92, my TFSA portfolio at $69 089.73, and my RRSP portfolio - stocks only - at $40 937.27. My numbers are not too bad. TD WebBroker had launched a new fun "Goal" feature. You might know it by now, I am obsessed with one thing, and its to reached a net worth of $300 000. Good news being, that "Goal" feature calculate that I will be able to reach and even exceed the $300 000 net worth in 3 years, which is not too bad, with my moderate risk profile. Its a fun little feature, but what I need, more than time to reach my goal, is a good stock market condition, and some savings please.

Speaking savings, I am expecting to save in the $2 600 cash this month, which is quite a good thing because I will need that money to pay down my taxes. My tax declaration will be complete in about 12 days from now. Once completed, I will to pay what need to me paid. I estimate that amount to be in the $3 650. Its a lot, but not that much knowing that I made several thousands in capital gain by trading RNX, and by selling all of my PBH shares. I don't regret selling PBH - I feel much better now that my margin usage is lower than it been in ages.

This wasn't expected, but I just find a great stock on Stockopedia: Brookfield Asset Management Inc. (BAM.A).

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