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Sunday, April 4, 2021

Happy Easter Investors! And welcoming my highest net worth value EVER: $292,012.35

It feels strange that it's already Easter. I taught that I would have been able to celebrate Easter with my family this year, but it just didn't happen. I am pretty sure that I won't be able to visit New Brunswick again this summer. However, I remain confident that I may be able to visit for the next hunting season... While waiting, it’s also really strange to see my net worth that just keeps growing, growing, and growing although we are dealing with this pandemic. The stock market is a weird place. My net worth closed this past Thursday session on a majestic $292,012.35. While the TSX closed at 18,990.32 points, my non-registered portfolio was closing at $122,062.93, my TFSA portfolio at $116,140.26 and my RRSP portfolio - stocks only - at $57,422.40. My numbers are quite strong and I have to say, I am quite impressed by myself!

I used to say on different posts: ok, the $300,000 net worth is just around the corner... And now, it's finally the real deal. The $300,000 net worth is really just around the corner! I am now missing less than 8k before getting this done. I still have my chances to see this happening before my 41 birthday, which is, in case you didn't by now, on August 27. I share the same birthday as MA$E which is awesome because I had been a huge fan of him and other bad boys since my teenage years. I still have a few months left and I have all the chances in the world to finally shoot the $300 magic big K please.

In my TFSA portfolio, my Bitcoins funds are going well:

Bitcoin Fund The Class A units (QBTC): +17.34%

Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B): +6.74%

I must admit that I was hoping for more spectacular gain coming from those two funds - it would have helped me to reach on the 300k faster, but I am willing to hold on to those two investments for now and I am patiently waiting for more gains. I feel that one of my investment that I had been holding on since my early beginnings, Pembina Pipeline Corporation (PPL) should be sitting on more gains than it is right now. And there's just no reason why I shouldn't be on a 300K net worth right now. It's just a matter of circumstances.

I was all happy when the gyms reopen in the Montreal area, but a few days ago, I decided to cancel my membership. Now that we are dealing with more and more variants, it's not safe to be inside with other people. I just don't understand why gyms, among others, had been able to reopen. It shouldn't be the case. Personally, I find that Quebec province is not going enough and is just not proactive. A good old fashion common sense needs to follow, and everything will get back to normal in a few more months. Citizens have an individual role that needs to be played in respect of others.

I just got my 2020 tax declaration completed. I am glad I am done with this. I just really hate the whole process. I just have over $200 to pay back, which is not bad at all knowing that I earn over $65,000 in 2020. Next year, I will try to contribute an extra $1,000 or $2,000 to my RRSP, even if I don't like investing in my RRSP.

2 comments:

Joe said...

Why don't you like investing in your RRSP?

Sunny said...

I don't like the idea of investing for my old days. And I don't like RRSP because you cannot really access the money before being retired and old.

 

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