The TSX gains over 400 points this past Friday, closing the session on a good 14,359.88 points. Usually, in "normal times", a gain of 400 points is quite extraordinary, but in those volatile times, and since we went from +17 000 points to 11 000 points, and now up to the 14 000 points, in this context, a gain of 400 points is just what it is, a gain, a little move in a context of ultra volatility. We'll need a lot more trading days with gains of 400 points to get back in those old marvelous 17 000 points, but when it will happen, I probably will be in $300 000 net worth or really quite nearby or even maybe exceeding the 300k, considering my latest investments, which I consider as being excellent investments who will easily bring me to where my net worth belong: to the highest possible note.
In the meantime, my non-registered portfolio closed this past Friday session at $95,821.03, my TFSA portfolio at $77,287.68 and my RRSP portfolio at $43,144.35. I currently have $143.99 in cash inside my TFSA portfolio, coming from dividend distribution. The cash accumulates little by little, but at a point, it makes it possible to invest in a new stock using that money coming from dividend distribution. This down market makes it easier to invest because stocks had become cheaper, but it's however not a simple task to invest in such volatile market conditions that remain extra sensitive to anything and everything. Since I am almost 100% invested in stocks, the only way for me to go through this without being to badly hurt is to invest - again, again and again - in stocks, as much as I can, in order to get the most of what this down market has to offer. And of course, I am hoping that in a close future, the markets will go up again and reach - or exceed - the very good old 17 000 points.
Today was quite a strange day. Oil had now a negative value and despite that, the TSX closed today session still in the 14 000 points, more exactly 14,388.28 points. I guess the market was getting ready for such eventuality and that fact that it actually happens didn't hurt much.
Earlier this month, I came with a few interesting findings on Susan Brunner's blog, which conducted me to one of my latest investments: Power Corporation of Canada Subordinate Voting Shares (POW).
I am not just giving up yet and I am still looking around for new stocks to invest in. Other stocks that are included in that list caught my attention. For example, I wouldn't mind investing in Innergex Renewable Energy Inc. (INE), or even in Sun Life Financial Inc. (SLF).
I also had a look Ritchie Bros. Auctioneers Incorporated (RBA). I notice that stock before. And it,s now catching my attention because RBA lowest value, in the $38, was reached earlier during this current crisis, and it's highest value for the past 52 weeks was $58.94. Currently, Ritchie Bros. Auctioneers Incorporated (RBA) is trading at $58.30. It's quite interesting to see that despite the fact that we are still in this crisis, despite it all, RBA is still in his highest value for the past 52 weeks.
Today was quite a strange day. Oil had now a negative value and despite that, the TSX closed today session still in the 14 000 points, more exactly 14,388.28 points. I guess the market was getting ready for such eventuality and that fact that it actually happens didn't hurt much.
Earlier this month, I came with a few interesting findings on Susan Brunner's blog, which conducted me to one of my latest investments: Power Corporation of Canada Subordinate Voting Shares (POW).
I am not just giving up yet and I am still looking around for new stocks to invest in. Other stocks that are included in that list caught my attention. For example, I wouldn't mind investing in Innergex Renewable Energy Inc. (INE), or even in Sun Life Financial Inc. (SLF).
I also had a look Ritchie Bros. Auctioneers Incorporated (RBA). I notice that stock before. And it,s now catching my attention because RBA lowest value, in the $38, was reached earlier during this current crisis, and it's highest value for the past 52 weeks was $58.94. Currently, Ritchie Bros. Auctioneers Incorporated (RBA) is trading at $58.30. It's quite interesting to see that despite the fact that we are still in this crisis, despite it all, RBA is still in his highest value for the past 52 weeks.
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