On the second day of the conflict Russia-Ukraine, it's almost a return to normal for the TSX. We are back in the precious 21,000 points. The TSX closed this Friday session on a good 21,106 points, which I don't really understand why it went up again... It's almost like we are on a recovery mode and will soon enough get back in the 21,700 points or something. However, I know this for sure, each and single day is a different one on the TSX. Fact that the TSX earns 300 points today means basically nothing at all. It's just the stock market being sporadic.
This past Friday beautiful gains could be all gone this upcoming Monday morning. The stock markets have their own ways to react to things - including war - and it's not always easy to follow. Because what's going on between Russia and Ukraine right now is more than just a conflict, it's a war. And it's super sad. No matter what, life goes on.
On a lighter note, I did enjoy this past Friday's gain, it was comforting to watch my TSX baby gaining some valuable points. My non-registered portfolio closed today on a good $138,319.06, my US portfolio at $4,845.89, my RRSP portfolio - stocks only - at $65,675.56 and my TFSA portfolio at $127,977.52. This past Thursday, I made two new investments in Labrador Iron Ore Royalty Corporation (LIF) for my TFSA portfolio, and Power Corporation of Canada Subordinate Voting Shares (POW) for my RRSP portfolio. In a matter of two days, POW gains +0.36% and LIF gains +4.89% inside my investment portfolio. It's quite fun when a newcomer hits on nice gain.
Earlier this year, I came up with this great plan for my money, which was going the following way: my margin debt: $533; money to be put toward my TFSA: $417; over my savings: $334; my RRSP: $208; money aside per month for my vacation: $200. This past Friday, I was able to have almost all of this done. Because of the current volatility of the stock markets, I decided to put the money that I would have normally put toward my savings and vacation over my margin account debt. It doesn't make that of a difference to lower my margin debt but at least it's a little step.
Since I had contributed lately to a 1k to my TFSA and $500 to my RRSP, I just didn't have any money left to do everything like it was originally planned, but I will try to catch up with my savings and vacation money at the end of March. I never put money aside specifically for my vacation before, so I was very proud of myself when I started doing this at the end of December.
That's all regarding my money stories for now.
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