There are many reasons why I haven't blog for the past couple of days, it feels like I haven't written anything in the longest time! The TSX had been not disappointing, but going on nowhere and I find those times to be extremely boring. Also, last week, we had amazing weather in Montreal and I took advantage.
My non-registered portfolio closed this past Friday session at $121,558.43, my TFSA portfolio at $114,617.58 and my RRSP - stocks only - $56,101.47. At 18,752.58 points the TSX is still going strong. My investments in Bitcoin funds are doing ok:
Bitcoin Fund The Class A units (QBTC): +6.52%
Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B): -2.03%
Things should be better tomorrow at the opening for BTCC.B. Back at 12:23 pm today, Bitcoin was trading at $71,124.44 CAN. I was recently watching a video featuring Suze Orman on YouTube.
It happens that we share pretty much a similar view on Bitcoin on at least one specific point, and that being: you should only invest an amount that you can afford losing, in case of bad luck. I don't like Bitcoin. However, Suze Orman's feelings about Bitcoin are different, she like Bitcoin. I am only investing in Bitcoin funds because I know there's money that can be made. I made several hundred in the past and I expect to make even more. This time around, I am surfing more on an investing mode, I am holding my Bitcoin funds for now and I will sell before the Bitcoin reached the 100k value.
Lucky Canadians, our TFSA make it quite interesting to invest in Bitcoin funds, since profit made in there are tax-free. However, be aware that Canada Revenue Agency could tax trades made in your TFSA if you over trade inside your TFSA, meaning that if you are a day trader, if you buy and sell stocks regularly inside your TFSA, Revenue Canada could get back to you and ask that you pay taxes on your capital gains, just like if those gains were made inside a non-registered account...
I don't trade that much in my non-registered, TFSA, or RRSP portfolio, so I hope that once I will sell my Bitcoin funds inside my TFSA portfolio - at a big profit of course - my victorious gains will go straight under the radar and hopefully, I won't have to pay taxes on those extravaganzas $$$. Like anyone else, I need money. The desk chair that I use for work, blog, etc. just broke. I try to fix the broken leg with duct tape. It seems to be working for now, but I order a new chair, this one at Structube. It looks quite pad up and seems to be comfortable enough to work as an office chair.
My current old chair was also coming from Structube, it lasts me for a couple of years. I find that Structube has the best prices and I like their furniture. I also have a recliner chair and a nightstand that I bought at Structube several years ago. Currently, the bottom of my recliner chair needs to be patched up, but I waiting to buy black Duct tape, as my recliner chair is black. After a few years of active usage, I guess it's normal that furniture gets a bit old and destroyed along the way. For now, I am covering it up with a blanket. I don't plan to buy a new recliner chair anytime soon.
I taught that by now, I would have been able to visit my family in New Brunswick, but that's is not going to happen anytime soon. However, I am keeping good faith that I may be able to go for the next hunting season in October - maybe. It's the reason why I allow myself on another expense I made recently, it's not an extra heavy one and it's bought for-me-to-me as an Easter present: a Nespresso Essenza Mini C machine. I got tired to drink my usual coffee at home and I wanted to try something different. The Essenza Mini C is Nespresso cheapest machine. It working well for my needs and it gives a change from instant coffee. Essenza Mini C is a cute little compact machine and easy to use. The coffee came in small capsules that you can recycle in a green bag you can get at any Nespresso boutique. I actually got my green capsule recycle bag at Nespresso boutique at La Baie.
Otherwise, talking about my stocks, I just notice that recently, Savaria Corporation (SIS) hit on in the $18 per share, which is quite good. I also notice that recently that my investment in Aecon Group Inc. (ARE) started to be in a gain mode - but only a small one, but I appreciate it. Sometimes, while holding a stock in a portfolio, it takes its time to grow and sometimes that period required to experience some growth vary from one stock to another.
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