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Saturday, February 12, 2022

When saving money become my best bet

This past Friday, my non-registered portfolio closed at $139,985.35, my US portfolio at $4,850.92, my RRSP portfolio - stocks only - at $65,896.72 and my TFSA portfolio at $129,730.61. My numbers are relatively the same as of this past February 9th, when I hit on my highest net worth value ever, at $345,622.80. I never taught of this like this, but I am now exceeding the third of a million. Hopefully, soon enough I will be on half a million. Let's just say that I am closer to the $350,000 than to the $500,000, but only for now.

I had a couple of stocks that had experimented with an increase in their dividend distribution. After Thomson Reuters Corporation (TRI), Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A) is another stock of mine that recently announced a dividend increase. This one is from 13 to 14 cents. My monthly dividend income is only a few dollars short of the so wanted $750. 

I still have room left to increase my dividend income. If only I can at a point sell at my advantage my crypto funds investment in Bitcoin Fund The Class A units (QBTC), Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B), and 3iQ CoinShares Ether ETF (ETHQ). Trust me when I say, I can't wait to get rid of all of those crazy crypto funds out of my very precious TFSA portfolio. Following out, don't count on me to ever invest in crypto funds ever again. These days, the latest trend in the tech world appears to be metaverse, which Ethereum kind of reminds me about but don't ask me more details about metaverse. I have no interest in it.

At the present time, I don't have any investment ideas in mind. I am just trying to put my focus on saving money.

2 comments:

  1. My answer right here:
    http://www.myfirst50000.com/2022/02/welcome-in-my-rrsp-portfolio-north-west.html

    :-)

    ReplyDelete