Social Icons

Wednesday, April 28, 2021

It feel like my rich girl problems just began

With the TSX that closed today's session in the 19,356.95 points, my numbers are much better today. My non-registered portfolio closed today at $123,991.87, my US portfolio at $4,209.06 USD, my TFSA portfolio at $117,297.79 and my RRSP portfolio, stocks only, at $57,889.92. I suspect my net worth to be in the $296,434.17. Who knows, maybe I will be able to hit on the magic 300k net worth in May.

In my TFSA portfolio, Aphria Inc. (APH) gains +8.78% over the TSX today, which is the main reason back my TFSA portfolio was able to get back in the 117k value. Inside my non-registered portfolio, one of my oldest holding - Methanex Corporation (MX) - recently began to be back in the game. Back in the days, I invested in Methanex Corporation (MX) following the 2008 stock crash. The only reason why I am enjoying MX inside my non-registered portfolio is that it's among one of my oldest holdings. I wouldn't however recommend Methanex Corporation (MX) as an investment because this one is super volatile. I am on good gains on MX, but it's only because I had been holding to it so such a long time.

Another of my old old holding inside my non-registered portfolio is Pembina Pipeline Corporation (PPL). Lately, PPL had been slowly moving to the $40 per share. Let's goooo Pembina Pipeline Corporation (PPL)! And I even have more good news. I barely ever write about this stock that I hold, also inside my non-registered portfolio: K-Bro Linen Inc. (KBL). This one is a Susan Brunner stock. You can read her here.  

This is the kind of stock that I like. something quiet, that usually goes under the radar, that no one writes about or cares about, except Susan Brunner. I like old fashion, I only like kinds of industrial stocks and I am in love with Toromont Industries Ltd (TIH), Fortis, EMA. I never heard about KBL on BNN and I listen to BNN quite regularly. But don't you dare underestimate my little baby because KBL can certainly kick some ass lol. For your information, inside my non-registered portfolio, K-Bro Linen Inc. (KBL) is on a gain of +121.13%. Today at the TSX, KBL gains +10.67%. And the reason behind this fantastic gain is that K-Bro Linen Inc. (KBL) announced that they will clean the dirty laundry for Alberta Health Services ("AHS") for the entire province. That makes a lot of ding-ding-ding $$$. 

I don't like every single stock that I am naming as old fashion. For a reason or another, I am not in love with Leon's Furniture Limited (LNF), which could be considered as old fashion, but I am holding this one inside my RRSP portfolio because LNF is a Derek Foster stock. Otherwise, LNF wouldn't be from my RRSP portfolio, trust me.

Otherwise, while being so close to the 300k net worth, I find myself in somewhat a strange place where I am thinking about doing different things with my money, of course, but I don't really know what to do next and I am somewhat lost. And the worst being that I have over $14,000 left in contribution room for my TFSA portfolio! It's a big shame. Over the years, I mostly contribute to my TFSA portfolio by doing contribution in kind, which means by taking stocks that I hold in my non-registered portfolio that getting them transferred over my TFSA portfolio. I had been doing so with stocks on which I was experiencing light or no gain at all for a reason or another, but always with stocks that I wanted to hold for the long run. Currently, if I check my non-registered portfolio, all of the stocks that I hold there are on great capital gains.

iShares S&P/TSX Capped REIT Index (XRE) could be a good candidate for a contribution in kind from my non-registered portfolio to my TFSA portfolio. However, XRE had been from my non-registered portfolio since my early beginnings and it feels like if I move or sell that little one, it could destroy everything and shade away my good luck fortune.

The relationship I have with my stocks and portfolios is really complex and sometimes even difficult to explain and probably that most of the stuff I write about probably doesn't make any sense at all to you, which makes you a total normal human being.

You can certainly say that at now being close to 300k net worth, I have rich girl problems. 

Kind of.

No comments:

 

Thank you

Thank you for visiting!
 
Blogger Templates