A possible option for my 2022 RRSP contribution: Quebec's Fondaction

The TSX closed this Monday session on a solid 21,977.83 points. Today, my overall stock-only portfolio gained only +0,037%, but I am willing to take any gain. I am standing proud and high on my highest value ever which is very close to the $360,000. At this point of the journey, I am still looking around for new stocks to invest in because that's my thing, but I am not looking to invest massively in one stock in particularly. And these days, I never do so. I can invest as little as one stock per new investment if I want to, thanks to National Bank Direct Brokerage's $0 commission. I am just doing so well that I don't want to mess it up. Obviously I won't, but I prefer to stay on the save side of things. I don't want to be over-exposed to anything that could hurt my beautiful results. Its just the way I am feeling right now. Just like if that almost $360,000 net worth wouldn't be here to stay too long...

We never know.

Currently, I am thinking about getting rid - or majority sell - my LifeWorks Inc. (LWRK) stock that I hold inside my TFSA portfolio.

My non-registered portfolio closed the session at $147,766,10, my US portfolio at $5,141.38 US, my RRSP stock only portfolio at $66 614,14 and my TFSA portfolio at 133 086,46.  Things are looking quite good on there. My investment portfolio had been growing like crazy and I am enjoying it. The total asset that I own over National Bank Direct Brokerage is now exceeding $350,000. Bitcoins and Ethereum are both making some interesting gain. 

At a point during the day, Bitcoin was in the $60,000 CAN. Trust me when I say, I just cannot wait to sell at my profits my Bitcoin Fund The Class A units (QBTC) and Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) units. I think we are going in the good direction to see that happen in a couple of weeks. When it comes to 3iQ CoinShares Ether ETF (ETHQ), I only have a small investment in it, but I really like Ethereum and I would like to keep that investment inside my TFSA portfolio.

I have a few dollars available inside my TFSA and RRSP portfolio that are just laying there doing nothing. While checking out on my options, I found out that Brian Madden, chief investment officer at First Avenue Investment Counsel was from today BNN's Market Call. Here's Brian Madden opinion on what I considered being one of my favorite stock, not to say my favorite stock: Toromont Industries Ltd (TIH). I like TIH right from the start. This stock is so strong, its one of my many stocks that help me to turn into a rich girl who can buy her neighbourg home if she wants do. Its actually selling for $180,000, but I am not interested in buying it. I just don't consider myself as being "rich" enough to be a homeowner. Also today, Brian Madden talked about Open Text, which I own a few stocks. I find his opinion to be interesting. I agree on what he had to say about Open Text. I actually like to listen to Brian Madden interviews at BNN because I always find that he's interesting. And I mostly agree with him.

Brian Madden is chief investment officer at First Avenue Investment Counsel. It seems to be a firm that manage rich people money. The minimum amount to invest with them is not currently disclose on their web site, but I remember that the information was once in there at that time and it was something in the $300,000 or $350,000. I am not against the idea to have professionnals to manage my money, but it wouldn't be all of what I have, that's for sure, just a slice of it.

Parex Resources Inc. (PXT) is a stock pick of Brian Madden. I find it to be interesting and I am keeping the stock ticket on the side, just in case. I had spotted PXT back in 2019, but I never invested in it. Could I now invest even just a small amount in PXT? Maybe.

While experiencing a big tax refund for 2021, I know its still early on, but I am already thinking about my 2022 RRSP contribution. I know that I need to contribute at least $6,000-$7,000 in my RRSP to make it worth it. Its quite an amount. I was thinking to invest a $2,000 in Fondaction. Its a nice option for Quebeckers - which I am - for RRSP contribution, because the government offer an 30% until a certain amount. You can read it all here.