Margin account debt: $51,216.14 @ 4%
Annual interest: $2,048.65
On the date of May 7, 2021
**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.
Because life is all about money and a bunch of other things
Margin account debt: $51,216.14 @ 4%
Annual interest: $2,048.65
On the date of May 7, 2021
**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.
I am 40 and in Quebec province, starting today, it was possible to make an appointment to get the COVID vaccine. And so I did. I have an appointment set for this upcoming Saturday to get my first COVID shoot. I am not really excited about this, but I just want to have it done and that's all. I am just happy that I have my Quebec health card. It took me several years to change my cards for Quebec ones, even while living here. With COVID, it's certainly best to hold cards where you live, in order to be able to benefit from health care if needed.
Since I am 40, I won't for sure get the AstraZeneca Vaccine. However, I feel that Justin Trudeau is treating Canadians like third-class citizens. AstraZeneca is the worst vaccine ever, and to no surprise, that shit is coming directly from the UK. As Canadians, we should only get the best vaccines, no matter how long it takes. The only reason why Justin Trudeau wants Canadians to get the AstraZeneca Vaccine is to satisfy his own plan. However, if you suffer from side effects from it, I wish you good luck because hospitals are all fuck up. Politicians like Justin Trudeau are good at selling the AstraZeneca Vaccine because they have access to private health care and they won't ever suffer from direct consequences. In my opinion, AstraZeneca Vaccine should be avoided at any cost.
The TSX closed the day on a good 19,310.74 points. My non-registered portfolio closed today session at $128,239.59, my TFSA portfolio at $116,347.58 and my RRSP portfolio at $57,563.83. My margin debt is now at $51,221.88. Currently, I estimate my net worth to be in the $297,500. With my upcoming paycheck this Friday, and with a bit of luck, I may be able to hit on the $300k net worth this Friday. I just need this to happen for at least one day. Following what, what had been reached - even for one day - became business at usual. We'll see if I can make it to the 400k after that.
At now $70,106.12 CAN, Bitcoin is definitively in a recovery mode. Ether is currently up on a +6.32% gain. I wasn't able to sell at profit the investment I made yesterday in 3iQ CoinShares Ether ETF (ETHQ). However, tomorrow at the opening, I will have my eyes in ETHQ. The opening is always a key moment while trading Canadian crypto-oriented funds like 3iQ CoinShares Ether ETF (ETHQ). According to my past experiences, I find that the best period to perform day trading on a crypto fund is between the opening, 9:30 am, and noon. If the opening is not good, no need to waste your time. It's better to leave things as are they hard and nope for a better trading day at the next opening. Sometimes, you won't be able to perform your "day trading" moves on the same day. You may not be able to buy and sell at profit on the same day. When it happens, I don't mind holding.
Today was the really first day of Tilray Inc. (TLRY) on the TSX. TLRY closed this first trading day at $19.36. Currently, in my TFSA portfolio, I still have my Aphria Inc. (APHA) shares. My APHA hasn't become Tilray, Inc. (TLRY) yet. I am looking forward to selling at profit this investment. I listened to an interview of Irwin D. Simon, the CEO of Tilray Inc. at BNN's The Open, and I wasn't much impressed by him. Irwin D. Simon doesn't inspire me any confidence. I feel arrogance a lot of freshness when I look at him, when I listen to his speech. I just don't like the man. When a CEO blames everything on the back of the COVID for weak results, for me, that's a problem. During COVID, people increased their consummations of tobacco, alcohol, and probably also weed. COVID is not an excuse for anything. COVID is the excuse coming from lazy CEO like Irwin D. Simon. When I will be able to sell my Tilray Inc. (TLRY) shares at profit, I won't waste any time trust me on that one, I will do so.
Lately, a stock that I also hold inside my TFSA, Nutrien Ltd. (NTR), suddenly decided to (almost) explode in profit. Currently, NTR is on a gain of +15.50% inside my TFSA portfolio. It hasn't been an easy road for Nutrien Ltd. (NTR). Before this company was trading under the name of Agrium and I was extra successful with Agrium, which I really really miss. With Agrium, I was the TSX Queen. For now, I am just a little princess, but that only being until I reached my first $300,000.
As announced in this post title, Toromont Industries Ltd (TIH) had a really good day on the TSX today. TIH registered a 7.345% gain. But that's not all, Toromont Industries Ltd (TIH) also announced a quarterly dividend increase of 4 cents per share. The generosity here is nothing extreme, but a dividend distribution increased is an increase, no matter what. I always have the biggest crush on Toromont Industries Ltd (TIH). I always knew that I would get rich on Toromont Industries Ltd (TIH), and so do I.
To be a good investor, you don't necessarily need financial knowledge - I don't have any. You just need to have respectful good common sense, and you need to be able to detect the good from the wrong. And Toromont Industries Ltd (TIH) is not just only good. Toromont Industries Ltd (TIH) is my angel stock.
Its on stock like TIH that you can get rich - ETF won't offer you the same chances of grow, of extremely good capital gain.
I simply couldn't resist so I did what I did: I buy some shares of 3iQ CoinShares Ether ETF (ETHQ) for my non-registered and TFSA portfolios. This morning as I was entering my orders, the order went through right away, without any problems. I was quite happy to have everything done smoothly and in a matter of the next second. I don't know if you remember but previously, for the other funds that I trade of 3iQ, my sell and buy orders took time before being process. It wasn't a matter of minutes, but a matter of a few seconds. No matter what, having to wait a few seconds before an order being completed is too long. I guess that for this relatively new 3iQ fund, 3iQ CoinShares Ether ETF (ETHQ), we are fewer investors trying to buy units at the same time. There might be fewer operations for this ETHQ. I am pretty sure that it's still hard to buy and sell The Ether Fund Class A units (QETH.UN) on the date of today.
I must admit, following my buy moves, I was closely watching 3iQ CoinShares Ether ETF (ETHQ). I was hoping to maybe perform a quick buy-and-sell move, but it didn't happen. At least not today. I think Ether is on its way for some serious $$$. I was thinking about holding the units I buy today of 3iQ CoinShares Ether ETF (ETHQ) inside my TFSA. I only perform a small investment with ETHQ inside my TFSA. As for my investment of ETHQ inside my non-registered portfolio, I won't lie - I used my margin money to perform that trade. For this investment, I am more willing to sell quickly. I would like to generate a quick $400-$500 on ETHQ inside my non-registered portfolio. We'll see how it goes.
I am quite excited because saving money for saving money is extremely boring, and now I just destroyed any willingness that I had over building a saving account. But don't do as I do. Please put money aside as savings, it's really important. I might be now 40, but I am always dealing with the same "problems" if I may say. Like I have never been able to build on some serious savings but don't mind me, I just cannot control myself.
But please try to understand, Ether is just too exciting. At first, 3iQ CoinShares Ether ETF (ETHQ) didn't bring on any excitement, but suddenly, ETHQ just appears to be quite appealing to me.
While spending so much time at home, in my tiny little studio apartment, I am currently developing a somewhat obsession with 3iQ CoinShares Ether ETF (ETHQ). Just to make things even more appealing, Ether is performing quite well these days... I don't know if you remember, but a few months ago, I performed some trading moves on The Ether Fund Class A units (QETH.UN). I was able to make $700. But the way I place the trades, for a quick buy-and-sell move. I love trading crypto funds because it feels like making money out of oxygen only.
Day trading is certainly exciting, but over time, it can become exhausting. What is exhausting is the willingness to time the market. And that is not me.
Currently, The Ether Fund Class A units (QETH.UN) trade at $59.86 per share. 3iQ CoinShares Ether ETF (ETHQ) is appealing because its price per share is only $16.63 per share. With the 3iQ CoinShares Ether ETF (ETHQ), I would like to do what I am currently doing with my investments in Bitcoin Fund The Class A units (QBTC) and Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B). That being holding and just patiently waiting before being able to sell at profit later on, without having to look closely at the different funds hours after hours on trading days.
Today was a good day for 3iQ CoinShares Ether ETF (ETHQ), who gain 17.943% today, as well as for the TSX. I am now not missing much to be sitting on a $300,000 net worth. And just to make things easier, I am waiting for my paycheck this upcoming Friday. I just need a bit more gains and there you go, baby. On BNN today it just hit me, it's now the month of May, and you know what they say in May? Sell and go away. May is known to be a weaker month for stocks. And the messy period is from May to October, always according to BNN. But now is not the time for the TSX to get messy, not when I am so close to reaching my $300,000 net worth goal.
My non-registered portfolio closed today session on a good $124,232.66, my US portfolio at $4,300.05 US, my TFSA portfolio at $116,401.43, and my RRSP - stocks only - at $57,778.02. I suspect my net worth to be in the $296,858.93.
With the TSX closing at 19,108.33 points, I taught my numbers were going to be a lot weaker than they are, but oh surprise, my non-registered portfolio closed Friday session at $123,660.12. I exceed by close $500 my good results of April 16, 2021.
At that time, on the special day when my net worth reached its highest value ever, $297,614.64, my non-registered portfolio closed the session at $123,166.28. This $123,660.12 non-registered portfolio is kind of putting me in a good position to finally hit on the 300k. I am pretty sure it will happen in May. Like usual, Bitcoins value went down following its record high. But currently, Bitcoins seem to be in a recovery mode. My TFSA portfolio closed this past Friday session at $116,194.91 and my RRSP portfolio - stocks only - at $57,369.79.
In my TFSA portfolio, I hold two Bitcoin funds, who are doing ok:
Bitcoin Fund The Class A units (QBTC): +$166
Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B): +12.97$
I am in for more gains and for that reason, I am holding those two, and I will sell later on. I am not in a rush.
My US portfolio closed this past Friday session at $4,225.14 USD. Like any investors who like to take themselves seriously, I hold a few shares of Berkshire Hathaway Inc. (BRK.B). Inside my US portfolio, BRK.B is on a gain of +89.95%. Berkshire Hathaway Inc. (BRK.B) had been in my US portfolio since August 2016. This weekend, it was the Berkshire Hathaway’s Shareholder Meeting. Just like for Jean-François Tardif, inflation is a concern for Warren Buffett. I am trying to spend my money with more intelligence, so I can deal with inflation. The only way to fight inflation is to spend less, build up more savings, and invest when the TSX is down. The COVID had made that process quite easy.
I am trying not to spend any money on clothes for the summer, no purse, no nothing at all. Don't feel sorry for me. My closet is full of clothes, I have many summer dresses and I do not need anything. But like many girls, I like to go shopping. I never really restrict myself on any spending for a long time, but now with that inflation thing, and especially now that I am just so close to the 300k, it worth it to be smarter on how I spend my money. I also want to restrict myself on not to have my hair cut until at least the month of September. This is going to be a bit difficult for me as I wear my hair quite short and I like to have them that way, but we'll see. Between now and the end of August, I hope to save $6,000. We'll see how it goes.
My goals are quite simple. I want 3 things: 300k net worth, invest in something new sometime in the next few months, and build up to $10,000 in savings by the end of August of this year. I think a 10k in savings would just make common sense in a portfolio that is now close to 300k.
I think I have target one possible investment for my portfolio in the company of Hardwoods Distribution Inc. (HDI). It's never an easy task to pick a new investment for my portfolio, since I already hold so many great stocks. However I believe there're always great opportunities on the TSX and there are always out there some great stocks that I may have never heard of, or maybe look at too quickly. It's important to keep searching for new opportunities. Also, I want to keep searching because when I will be selling the shares I own of Bitcoin Fund The Class A units (QBTC) and Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) at a big huge profit, I will have some money to invest - again.
This weekend, ''Warren Buffett warns investors not to gamble on stocks''. The article goes like this: "Billionaire Warren Buffett warned people not to think investing is an easy way to make a fortune as he answered a variety of questions at Berkshire Hathaway's annual meeting Saturday. Buffett said it can be tough to pick the long-term winners. He pointed out that in 1903 there were more than 2,000 car companies, and nearly all of them failed even though cars have transformed the country since then. “There’s a lot more to picking stocks than figuring out what will be an incredible industry in the future,” Buffett said. “I just want to tell you that it’s not as easy as it sounds.”"
I don't like that someone like Warren Buffett, who's an important figure in the world of finance tries to mystify the act of investing in stocks. I would like to be reassuring and explain that it's quite easy to invest in stocks. And in Canada, it's quite an easy task to target high-quality stocks to invest in. The only reason why I am so close to reaching a $300,000 net worth is that even though I only invested small among of money, but did so in high-quality stocks, mostly Canadians, over time, the rewards are big.
If you stay away from junk stock craps, as the type of what is desperately selling Genevieve Roch-Decter with her Grit Capital, you'll be widely successful. Don't let Warren Buffett scares you of the long-term rewards that offer the TSX. And don't do blind on junk stocks who are being promoted by Genevieve Roch-Decter and so many others on the Web.
Last news but not least, finally, after waiting several months, the merger between Tilray Inc. and Aphria Inc. (APHA) is going to happen. This is probably going to have a positive effect on my TFSA portfolio.
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.
The TSX closed this past Friday session on 19,102.33 points. My numbers are of course lowers, but they are not too bad either way. Today, my non-registered portfolio closed at $121,574.12, my US portfolio at $4,215.94 US, my TFSA portfolio at $115,259.20 and my RRSP portfolio - stocks only - at $57,983.50. Overall, my numbers are doing ok.
I currently have over $550 in cash inside my TFSA portfolio. That cash is coming from the dividend distribution that I earned inside my TFSA portfolio. I won't invest that money right now, but I am currently looking around to find something that could be a good fit for my already awesome investment portfolio, so I did some searches on Stockopedia, which I didn't consult in a little while. I went through all Stockopedia's screens and I came with a list of stocks. And this evening I reduce that list to a few stocks, and I came with the following list of stocks as new investment ideas:
TransAlta Renewables Inc. (RNW), $19.79 per share, Dividend: 4.75%
North West Company Inc. (The) (NWC), $36.32 per share, Dividend: 3.965%
Algonquin Power & Utilities Corp. (AQN), $20.18 per share, Dividend: 3.89%
National Bank of Canada (NA), $88.04 per share, Dividend: 3.226%
Information Services Corporation Class A Limited Voting Shares (ISV), $24.91 per share, Dividend: 3.212%
Sylogist Ltd. (SYZ), $17.29 per share, Dividend: 2.892%
Intertape Polymer Group Inc. (ITP), $29.09 per share, Dividend: 2.714%
Healthcare Special Opportunities Fund (MDS.UN), $13.38 per stock, Dividend: 2.042%
Intact Financial Corporation (IFC), $163.51 per share, Dividend: 2.03%
PFB Corporation (PFB), $20.90 per share, Dividend: 1.722%
Vecima Networks Inc. (VCM), $14.75 per share, Dividend: 1.492%
Empire Company Limited Non-Voting Class A Shares (EMP.A), $39.41 per share, Dividend: 1.31%
Hardwoods Distribution Inc. (HDI), $33.88 per share, Dividend: 1.181%
Enghouse Systems Limited (ENGH), $57.24 per share, Dividend: 1.118%
Equitable Group Inc. (EQB), $132.09 per share, Dividend: 1.12%
Winpak Ltd. (WPK), $43.56 per share, Dividend: 0.275%
While establishing that list, I tried to stay away from any stocks related to the financial sector. National Bank of Canada (NA) is in as a little exception, as well as Intact Financial. I already express previously my interest in Empire Company Limited Non-Voting Class A Shares (EMP.A). It could be a good idea as an investment. But right now, I have a fixation on Healthcare Special Opportunities Fund (MDS.UN). Other than maybe Savaria Corporation (SIS) that I hold in my non-registered and TFSA portfolio, I don't have any exposer to the healthcare sector. For that reason, I found Healthcare Special Opportunities Fund (MDS.UN) to be quite interesting. However, that fund is quite mysterious. No one talks about the Healthcare Special Opportunities Fund (MDS.UN), it's hard to find any insight or opinion regarding that fund because just no one seems to be excited by the fund. Also, LDIC Inc. seems to be a low-profile and old fashion firm, which I don't exactly dislike.
I conduct some searches on Google and the most interesting find was probably Genevieve Roch-Decter, who used to be a fund manager at LDIC Inc. Roch-Decter now has a blog, Grit Capital. You can even have a look at her investment portfolio, right here. You can register for her newsletter, it seems to be free to enroll, which I did. It's always interesting to know what other people hold in their portfolios. In the case of Genevieve Roch-Decter, it's quite interesting because she had worked in the financial sector. Roch-Decter may be the daughter of Michael B. Decter, who's the CEO of LDIC Inc. It's easy to be successful when you are a daddy little princess. Michael B. Decter had been involved in politics, which for me is not a turn-on. I wouldn't invest big money via any funds managed by LDIC Inc. Politicians are rats and it's better to stay away from anyone who actually got involved so directly in politics.
If I decide to invest in Healthcare Special Opportunities Fund (MDS.UN), it will only be a small investment, less than 2k. I don't think an investment in Healthcare Special Opportunities Fund (MDS.UN) can bring on a lot in terms of capital gain. It's a fund that will try to preserve the initial capital invested and pay some dividends, but this is not a fund that I can possibly get rich on. I will need to continue my search to get on the big bucks.
I never heard of Information Services Corporation Class A Limited Voting Shares (ISV) before, and I don't really get what they do, but this one could be a good option for a small investment.
I was surprised yesterday to see how much my numbers were good. After all, between this past Thursday and Friday, the TSX had only grown by +29.42 points. I was scared that my TFSA portfolio might have fallen because of the situation concerning Aphria Inc. (APHA). APHA closed yesterday's session at $17,69. If the deal with Tilray doesn't go through, it could be bad for Aphria. Since I hold many stocks inside my TFSA, and that it's also inside my TFSA that I hold my Bitcoin fund investments, I am having - in my opinion - great protection against investment like Aphria Inc. (APHA) that decided suddenly to go down.
Despite that, at now $117,564.27, my TFSA portfolio value is far from being down. That's because I hold on to super-strong stocks that exploded in value in the past couple of months. Two of those super wild dogs being TFI International Inc. (TFII) and Cargojet Inc. (CJT). I must admit that my timing for investing in those two was just perfection. At a moment, without further notice, TFII and CJT just decided to EXPLODE over the TSX. I had been lucky AND smart enough to pick those two for my TFSA portfolio. In my investment portfolio, Cargojet Inc. (CJT) is on a +118.56% gain, and TFI International Inc. (TFII) on a +148.54% gain.
I just notice now that I made a little mistake in my TFSA portfolio: I no longer own Richelieu Hardware Ltd. (RCH). I sell RCH at profit when I have the chance back in August 2020. I now have corrected the little mistake in here and over there.
I currently have $6,216.38 in savings. I would like to push that amount to 10k. With a 300k portfolio, I figure that a 10k in cash will do the thing. Unfortunately, I won't be able to save any money between now and mid-May because I have rent and bills to pay for, and not to forget the something like $200 I have to pay back for my taxes.
A quick last note: this lovely blog is now exceeding the 2 million page views! I just realize that today :-)
Cold cash: $6,216.38
Energy and Base Metals Term Savings (Indexed term savings): $577.30