Cold cash: $7,655.96
Stocks and Units investment portfolio $CAN
RSP investment portfolio:
CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,610.91
Others: $1,159.90
Because life is all about money and a bunch of other things
Cold cash: $7,655.96
Stocks and Units investment portfolio $CAN
Others: $1,159.90
2022
Total in assets: $386,320.32/Net worth: $340,128.37: February 1st, 2022
2021
On the date of December 5, 2009, I had exceeded the $60 000 in assets! (not in net worth yet).
Cold cash: $7,655.96
Stocks and Units investment portfolio $CAN
Others: $1,159.90
Margin account debt: $46,191.95 @ 3.75%
Annual interest: $1,732.20
On the date February 1st, 2022
**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.
Nice gains for the TSX today, which is backing a comeback in the marvelous 21,000 points - closing at exactly 21,098.29 points. I just love days like this! Days with a +300 points gain are quite rare and need to be celebrated when it happens. My non-registered portfolio closed today session at $138,405.17, my US portfolio at $4,830.32 US, my RRSP portfolio - stocks only - at $66,194.89 and my TFSA portfolio at $125,492.09.
I received earlier today a "contest" email from National Bank Direct Brokerage saying if I contribute $1,000 to my TFSA or $500 to my RRSP account by March 1th, I was entitled to win one of the 20 prices of $1,000. That's quite nice. It's all I needed to quickly push my TFSA contribution. It's a real shame, but so far for 2022, I didn't contribute to my TFSA, but I, however, contribute to my RRSP. I wasn't really excited to contribute to my RRSP, but now that I am getting quite established, and that my net worth is still probably in the $320,000-$330,000, I decided that investing a few thousand in my RRSP wouldn't hurt, especially to enjoy a little tax break. I am probably close to an income of $70,000 for 2021. I think I will be able to contribute to a 1k for my TFSA portfolio before the end of February.
Tomorrow, we'll already be in February. Time is passing by more or less quickly. The weather was still cold today. We have a mix of days where the weather is very cold, and then it became a bit better. I usually don't go out when it's a -20. While dealing with this bad weather, I watch closely my stocks and my investment portfolios I am just hoping that 2022 will bring it a bit of stability. All that volatility is a bit hard to take, especially during this pandemic. It seems like the stock market is the only place to enjoy somewhat of a comfort zone. I am looking forward to hitting on the $140,000 inside my non-registered portfolio.
ATCO Ltd. (ACO.Y) had always been of a difficult holding of mine. Inside my TFSA portfolio, ACO.Y is currently on a loss of -3.15%. Nothing terrible or too hard to see, but after holding ATCO Ltd. (ACO.Y) for such a long time, I would have really appreciated seeing something more sustainable as a reward. I hold many stocks on my portfolio, but I watch closely all of them. Today, ACO.Y gains +3.365%, which is good. Following this happy event, I am asking myself, would it be a good time to partly sell my investment in ATCO Ltd. (ACO.Y)?
I began to feel a bit impatient. For me, selling something like half of the shares I hold of ACO.Y could help me to be more satisfied with my TFSA portfolio. I may do so.
This morning, the weather is super cold in New Brunswick. Where I am located, the temperature is currently -32. Let's say that I am making sure that my cell phone is fully charged... I cannot sleep properly in my bedroom when I feel the heat of the electric heater, which I just hate. It makes me feel like I am in a microwave or something. I prefer when my room is cold, and I sleep comfortably in my bed with some layers of blankets. Actually, I just have two blankets, but it's enough for me. We experimented with some very cold weather earlier this winter, but we had been ok so far. We only have an electricity outage for an hour or so a few days ago, right after dinner.
This past night, it hit -39. At those cold temperatures, the heat pump stops working. It actually needs to be close because a heat pump will just not work when it's -39... We also have some ice that shows up at the bottom of inside old windows that look like this.
Yesterday had been quite of a rollercoaster ride for the TSX! At a point in the day, the TSX was trading in the 19 000 points... On that single day, the TSX lowest value had been at 19,912.59 points, and its highest value at 20,577.35 points. That's a 664.76 points difference right there and I don't remember the last time I went through such volatility in one single day. This market shit is getting just too intense for my nerves.
It wasn't pretty to watch. I had quite a busy day at work yesterday, I didn't have too much time to watch the disaster. I just told myself, ok, the TSX is probably going to recover from this tomorrow... And I quickly move on to what I needed to do. My non-registered portfolio closed yesterday session at $133,487.07, my US portfolio at $4,744.43, my RRSP portfolio - stocks only - at $64,788.26, and my TFSA portfolio at $122,201.85. My numbers are not too bad. This morning, both Bitcoins and Ethereum had gained points. Maybe we are in for good gains overall at the opening.
I know that the investment game is not a day-to-day situation, but I like to have a look at my stocks every single business day, and it's not only because of the margin debt that I hold within my non-registered portfolio.
As predicted, the weather is super cold right now in New Brunswick. It will remain cold again tomorrow, after what, we'll get a little break, but later in the week...we'll have - again - some cold temperatures. So this is making it really a perfect time to check out my stocks and do some browsing over Stockopedia. Yesterday, I did it, I contribute one last $1,500 over my RRSP portfolio. Following what, I am done with contributing to my RRSP for 2021. Now begin for real my financial journey for 2022!
This past Friday session, my non-registered portfolio closed the session at $137,896.93, my US portfolio at $4,962.80, my RRSP - stocks only - portfolio at 64 915,32, and my TFSA portfolio at $124,843.69. I hold on to many stocks in my portfolio, and I had been holding many of them for a long time. Ovintiv Inc. (OVV) is one of those stocks. I hold OVV inside my RRSP portfolio. Before trading under the name of Ovintiv Inc. (OVV), this company was known as Encana Corp. I don't know for you, but personally, I preferred the name Encana over Ovintiv.
Back in the day, Encana Corp. was a Derek Foster's stock. Even though OVV used to be a Derek Foster's stock, I haven't done well on that stock. I had done so badly on OVV that I am currently on a capital loss of -67.44% on that stock. This had been a hard hit to take in, but sincerely, I always taught I was going to recover from my losses on that stock, so that's why Ovintiv Inc. (OVV) had remained in my RRSP portfolio.
This past Friday, I got a nice surprise concerning Ovintiv Inc. (OVV). For a reason or another, OVV gained +7.23% on that one single day. I still have a long way to go before I can recover that -67.44% loss, but I remain confident, still to this day. On January 12, Simply Wall St published an article regarding Ovintiv Inc. (OVV) explaining that its intrinsic calculation "suggests it's 48% undervalued". I am not exactly aware of what is an intrinsic calculation, but a 48% undervalued sound like being a pretty good thing to me.
Does a 48% undervalued mean that Ovintiv Inc. (OVV) is currently trading at a bargain price? It could be because OVV appears in one of Stockopedia's bargain stocks screens. And surprise, surprise, Stockpedia rate Ovintiv Inc. (OVV) as a Superstock. Fine enough, however, I wouldn't recommend Ovintiv Inc. (OVV) as an investment idea, I kind of suffer too much on that stock.