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Monday, August 17, 2020

Welcoming a $234,852.72 net worth - and only 10 days left before MY BIRTHDAY!

With today nice gain for the TSX, I was curious to find out where my value was at. My non-registered portfolio closed today session at $110,588.35, my TFSA portfolio at $89,868.72 and my RRSP portfolio at $48,110.87. And it's no surprise that my net worth closed this rainy day in the $234,852.72. Compare to my latest update which was on August 5, I made a gain of a bit over $8,000 in 12 days. If luck turn my way, I may be able to reach 240k right on time for my birthday. Got to hurry up TSX baby, because we only have 10 more days to go.

Something just too amazing to be true just happen today! For one of the first time ever, I think, I am on a little gain on Richelieu Hardware Ltd. (RCH). RCH always been a pain to hold inside my TFSA because that stock never went anywhere - it never really experienced gain. But now that I am on it - for like the first time ever - I just have one thing in mind: I WANT TO SELL OFF THAT CRAP!

LOL, but hell yeah. I may be turning 40 really soon, but I am still a really really bad bad bad girl.

I shouldn't be so severe when it comes to RCH. Back in the days, I had pick that stock on Susan Brunner blog. I taught I was on something good. But I never experienced really good gains on that stock and add to this already bad situation that Richelieu Hardware Ltd. (RCH) pays a really tiny dividend. Tomorrow, RCH, just get ready to be kick out of the woods. 

Also, I am secretly thinking about selling the iShares S&P/TSX Capped REIT Index (XRE) shares that I hold inside my non-registered portfolio. In there, I have XRE on a little gain, but since I already hold to a bunch of REIT inside my TFSA, I wouldn't mind selling my XRE shares to pay down a little my margin debt. 

My only problem is emotional, because XRE had been in my portfolio since my early beginnings. What if I sell XRE, and my luck, as well as my youth just fade away on that specific day when I turned 40... Can a single stock hold on to all of the white magic of the world? I am scare that if I sell XRE, I will be no longer me.

1 comment:

Anonymous said...

Hmmm, glad things are looking good for your portfolio :) :)

 

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