My New Year resolutions for 2019

The US shutdown continues and its really sad. Personally, and you know this, I live paycheck per paycheck. This shutdown is too long, but its a good thing for those who dislike Donald Trump, maybe all those people who had to live with no pay, they may not vote for the Republicans at the next election. Donald Trump is too strong in his believes. Everything had to work and be done his way. If not, beware the dog. It might be really stressful to be in his working circle at the White House, but I do admire him in a certain way, for his determination. The US is doing well, with many jobs that been created, its just wow. Is it a result of Donald Trump leadership?

I have money of my own, but its all invested in order to bring joy to the TSX. And the TSX is especially on a happy territory right now. I actually went for a visit to Maine, US during the shutdown while being in New Brunswick. I think it was the first time ever I was in the US while a government shutdown. See those beautiful pictures I took while being home. Far away, it's actually the Maine that you can see.

My non-registered portfolio closed today session at $118 970.33, my TFSA portfolio at $56 369.26 and my RRSP portfolio, stocks only, at $37 627.39. Today, the TSX closed at a good 14 605.15 points. Nice gains over the TSX mean nice gains for me. My non-registered portfolio closed today session at a good $120 494.73, my TFSA portfolio at $57 022.48, and my RRSP portfolio, stocks only, to $38 140.26. This brings my net worth closer to the 200k.

I didn't have the chance to comment yet my updated Budget page for 2019. It's a realistic, but quite restricted budget. However, I may be able to add up between $1 000 to $2 000 to that projected $20 463 in savings, but that's about the max I can save. We can go with a projected $22 500 in money save for 2019. My margin debt is currently at $47 645.69, I may be able to reduce that debt to $25 145.69 in 2019. I had planned before to sell my PPL stocks, but I am just please with my current dividend income, I wouldn't like it to go lower. But I may change my mind.

I switched form essentially credit card payment to cash and that way, I am less tempted to spend on stuff that I don't really need. It's actually a New Year resolution. In order to track down my expenses, I write it down in a little notebook. So far so good, despite the fact that I bought a new suitcase, my expenses since January 1th reached $162. While BNN reporter Amber Kanwar New Year resolution is not to drink alcohol for the next 3 months, mine is to switch from regular coffee to decaf coffee. I drink a lot of coffee and while it doesn't disturb my sleep or anything, I guess that at my age, while getting closer to 40, I should stop drinking coffee the way I used to. While working from home, I listen to BNN, which I really enjoy. Amber Kanwar and all the others are quite good. And it's nice to see a woman talking about not personal finance, but the real dirty stock shit. Have a look a how young she looks with her adorable baby girl in her arms. I am a fan! I learned a bunch of stuff by watching her show and I plan to post a little something on what I had learned by listening to BNN.

Another New Year resolution of mine is to drink more water and cook more. I don't drink water naturally, maybe because I drink too much coffee. I have a Brita Pitcher at home and I try to drink at least once a day, one and a half. So far so good, and it helps to lose a few pounds before hitting on Cuba hot beaches.

My investment portfolio on date of January 4, 2019

Cold cash: $1 998.54

Stocks and Units investment portfolio $CAN
Bank of Nova Scotia (BNS): $10 558.24
Methanex Corporation (MX): $7 102.88
Fortis Inc. (FTS): $5 459.97
Pembina Pipeline Corporation (PPL): $26 339.04
Corby Distilleries Limited (CSW.A): $2 489.52
iShares SP/TSX Capped REIT Index (XRE): $2 568.72
New Flyer Industries Inc. (NFI): $3 589.92
TMX Group Inc. (X): $572.16
K-Bro Linen Inc. (KBL): $3 427
WesternOne Inc. (WEQ): $187.03
TransCanada Corp (TRP): $1 288.50
Canadian National Railway Co (CNR): $9 069.30
Enbridge Inc. (ENB): $14 077.84
Emera Inc. (EMA): $1 073.50
BCE Inc. (BCE): $1 175.02
Saputo Inc. (SAP): $1 562.40
Lassonde Inc. (LAS.A): $1 980.90
Loblaw Companies (L): $729.60
Savaria Corporation (SIS): $6 699.21
Canadian Imperial Bank Of Commerce (CM): $3 089.40
ATCO Ltd. (ACO.Y): $2 301
Jamieson Wellness Inc. (JWEL): $2 120
WSP Global Inc. (WSP): $ 2875.50
Aecon Group Inc. (ARE): $ 1749
Aphria Inc. (APH): $1 614
Goodfood Market Corp. (FOOD): $1 020
TFI International Inc. (TFII): $2 787.20 
George Weston Limited (WN): $90.21

TOTAL: $117 431.03

Stocks and Units investment portfolio $US:
Berkshire Hathaway Inc. (BRK.B): $1 561.60
General Mills Inc. (GIS): $1 274.24

TOTAL: $3 800.03 CAN

Tax-free savings account (TFSA):
Dumont Nickel Inc. (DNI): $20.09
RioCan Real Estate Investment Trust (REI.UN): $827.05
CT Real Estate Investment Trust (CRT.UN): $1 172
Canadian National Railway Co (CNR): $4 030.80
Exchange Income Corporation (EIF): $28.71
Brookfield Infrastructure Partners L.P. (BIP.UN): $3 242.13
Brookfield Renewable Energy Partners L.P. (BEP.UN): $1 114.50

Andrew Peller Limited (ADW.A): $2 357.90

Hydro One Limited (H): $2 100.80
Toronto-Dominion Bank (TD): $1 359.60
Boyd Group Income Fund (BYD.UN): $3 265.80
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN): $3 029.60
Data Communications Mgmt (DCM): $7.68
Morneau Shepell Inc. (MSI): $2 326.50
Royal Bank of Canada (RY): $3 765.60

Park Lawn Corporation (PLC): $1 400.40
Toromont Industries Ltd (TIH): $2 143.60

BCE Inc. (BCE): $480.69
Northview Apartment Real Estate Investment Trust (NVU.UN): $3 625.50
Sienna Senior Living Inc. (SIA): $1 276.80
Boralex Inc. Class A Shares (BLX): $676.40
Richelieu Hardware Ltd. (RCH): $1 049.72
Savaria Corporation (SIS): 917.70

Northland Power Inc. (NPI): $2 199
Calian Group Ltd. (CGY): $2 223.70
BMO Bank of Montreal (BMO): $1 803
Canadian Utilities Limited (CU): $1 312.08
WSP Global Inc. (WSP): $1 437.75
Granite Real Estate Investment Trust (GRT.UN): $545.10
Cargojet Inc. (CJT): $1 964.75
Agellan Commercial Real Estate Investment Trust (ACR.UN): $792.96
Nutrien Ltd. (NTR): $3 156.50
Cash: $129.43

TOTAL: $55 783.84

RSP investment portfolio: 
Emera Incorporated (EMA): $11 980.26
EnCana Corporation (ECA): $899.64
Toronto-Dominion Bank (TD): $2 039.40
Telus Corp (T): $2 235.50
Royal Bank of Canada (RY): $1 882.80
Savaria Corporation (SIS): $2 648.22
Thomson Reuters Corporation (TRI): $2 293.92
Park Lawn Corporation (PLC): $4 668
Richards Packaging Income Fund (RPI.UN): $1 140.15
Toromont Industries Ltd (TIH): $375.13
CAE Inc. (CAE): $1 757.70 
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A): $2 845.85
Boralex Inc. Class A Shares (BLX): $845.50
Quebecor Inc. (QBR.B): $723.25
Logistec Corporation Class B Subordinate Voting Shares (LGT.B): $291.97
(BEP.UN): $705.85
Cash: $28.54

Total: $37 361.68             

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $2 618.02

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.45

GIC National Bank: $1 337.79               

Manulife Fidelity NorthStar GIF CAP B: $1 472.58
Manulife Simplicity Growth Portfolio: $1 240.75
Maritime Life CI Harbour Seg Fund: $1 122.33
Maritime Life Fidelity True North Seg Fund: $1 174.04
Manulife GIF MLIA B World Invest: $1 143.68
Total: $6 153.38

Other various: $11 057.01

TOTAL: $59 607.63

Social Capital at Desjardins Membership share: $35

Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:
$238 656.07

My debt situation on date of January 4, 2019

Margin account: $47 646.24 @ 5.50%
Annual interest: $2 620.54

Happy New Year 2019, TSX investors!

Good luck for 2019! I think we'll all need some in 2019. Today was quite a rough start for the TSX, but it eventually got better and we got a smooth closing, but nothing to be much excited about. The TSX show what it got in reserve for its investor: pain, pain and only PAIN. Bring it on, I am ready. My non-registered portfolio closed today session at $119 770.08, my TFSA portfolio at $52 569.44, and my RRSP portfolio at $37 597.80. 

In his last 2018 newsletter, Derek Foster said that he had invested in BEP.UN, and right there, I got my fabulous investment idea for the couple hundreds in cash I had inside my RRSP portfolio. So today, I finally moved on and I placed my first investment of the year 2019 in Brookfield Renewable Partners L.P. (BEP.UN). So welcome in my RRSP portfolio Brookfield Renewable Partners L.P. (BEP.UN) and make me rich. PLEASE.

Personally, I like and dislike the Christmas holidays for several reasons. I like it because I get to visit my family in New Brunswick, but despite the fact that I am a princess and it seems like I am the only one to know, I always have to come back to cover the New Year Eve period at work. And of course, to maximize the time spend in New Brunswick, I always go back to Montreal at the really last minute, just right on time to go to work the next morning. And it's quite hard to do that exactly on the next morning. The day of the New Year is not a good day to be at work, especially while coming straight from a holiday and you have nothing in the fridge. All the stores closed early on New Year day, it's not convenient. Other than that, I like Christmas season. And its now over. 2018 just deserved a street punch in the face. I was so hoping to hit on the 300k value in investment, but it just didn't happen, of course. These days, numbers aren't right on the stock market.

One thing for sure, 2018 was super volatile for the TSX and it hasn't been super pleasant. I am glad that I started investing in stocks a decade ago, starting now - or in 2018 - would have been a traumatic experience. I started investing shortly before the 2008 stock crash. But things were different and following the crash, we meet a strong bottom point and it was it. Following what, the stock market gains points like if it would had been a crazy wild horse. And because of that, I had been able to hit on $232 000 in net worth - my highest net worth ever - despite the fact that I only invest small amounts after small amounts... It took me 10 years to be able to manage the market volatility and I feel just bad for all the young investors who need to go through the toughest of the hardest time ever. I am happy with my decision to sell some of my stocks to pay down my margin debt, which at some point was up to $101 000, and its currently of $47 877.66. Now, the state of my margin account is secure and a 47k debt makes a bit more sense than having a 101k one on my pretty shoulders.

My non-registered portfolio closed the year 2018 at $118 679.19, my TFSA portfolio at $52 418.76, my RRSP portfolio at $37 515.44, and my US portfolio at $2 881.04 US. I will publish an update of my portfolios this weekend, just to leave a trace of that bad 2018 year behind, to remember that I had to go through the worst year ever. 

I am not going to do a recap of my 2018 financial year - it's your unique job to read my posts, after all, its the minimum requirement. But what I was the proudest of was to be able to do a quick buy and sell hot move on Royal Nickel Corporation (RNX) and cash in a good 1k. But I won't repeat the same move on RNX today. I was just really proud to make a few dollars on the back of Eric Sprott for once. Good moves coming from Eric Sprott are really really rares.

For 2019, with the current state of my investment portfolio, my dividend income is expecting to be at a good $7 299.97. And just to add up to the excitement of the new year ahead, two stocks that I found using Stockopedia wow wow wow screens: Granite Real Estate Investment Trust (GRT.UN) and Agellan Commercial Real Estate Investment Trust (ACR.UN), those two great stocks are both paying a special dividend distribution! YEAH! And I need all the cash I can get because I had booked a one week vacation in Cuba for vacation sometimes soon, and I also bought today a brand new suitcase, which was needed. What is great with ACR.UN and GRT.UN is that despite the big drop out on the TSX, those two little ones are strong. Don't count on those two for immediate great capital gains, but you can always rely on them in term of stability in their value and super nice dividend income.

On December 31, I sold my investment Black Diamond Group Ltd (BDI) that was in my non-registered portfolio, to declare a capital loss. And finally, today, I did a contribution in kind with Nutrien Ltd. (NTR) for my TFSA portfolio. The TFSA contribution limit being $6 000, I plan to transfer some cash in so I can have some playtime money and maybe do some other great hit and run moves like the one I did on RNX a few months ago.

The end of the year is always a good time to do both financial checkup AND cleanup. Basically, the idea is to have a look at how much I have, my allocation assets, how much debt I have, my next investment moves and my budget. And you get know all that great stuff by reading all of my words for free. So enjoy, because the best things shouldn't be giving away for free.

Merry Christmas, TSX investors!

The end of the year is coming in a hurry. I would like to have it slow down a little, but its the way it is. Ready or not, holidays are coming in! Yeah! I will be away for a few days for the fabulous New Brunswick. I am probably going to post something before the end of the year anyway. I have less and less time to post anything at all these days. And let say it, the stock market is not helping my cause. Its really rough to be investing in stocks these days, more than it ever been before. I am just really happy that I had been able to sell some assets a few weeks ago, just before it got even worst for the TSX. Its certainly not easy to see the spectacular TSX roading its way behind the 16 000 points, but as days are flying by, I am getting used to it. I was suprised at first, but now its just kind of business as usual... And its seem like we are on our way for even worst.

However, a lot of good can comes from such difficult stock market situation. Take me for example. Thanks to this crazy financial environment, I am paying down my margin! This time coming out of hell need to be seen as a way to improve ourselves. This is the time to be at our really best. Its time to focus exclusively on the really good stocks that I can rely on the long run. It's time to but some money aside for savings (and not investing). And of course, its time to buy some high-quality stocks when they are cheap. 

I already have everything plan for my financial year of 2019. As soon as 2019 kicks in, and that the TSX is open, I want to:

Sell my PPL shares to pay down my margin, and even TRP, to pay down my margin.

After what, I should only have left in the 20k left to pay. It may sound like nothing much, but its quite a little sum and I know for sure that its going to be difficult to only pay down that 20k.

The plan is to get pure of oil stocks, and get out of debt as quickly as possible. The TSX is going weaker and weaker and personally, I think that we may go even lower. Its why I decided a little way back to start paying down my margin. I want to be free to be with my stocks portfolio without having to deal with a margin account.

Today, my non-registered portfolio closed at 120k. In those conditions, I guess I should be happy with what I have. In those conditions, it will be easier for me to keep some money as saving without any purpose. Knowing I will have to pay down a 20k margin debt, I may be able to only save between 4k to 5k....

2019 isn't going to be an easy year. I may invest in some points because I know myself, I won't be able to make a long road out of this if I cannot play in some way with stocks.

That margin account is getting seriously paid down

I wasn't available to write anything on Sunday for the usual Sunday evening post. Its just didn't happen. I got a haircut and I actually just realize now, but I got a Marilyn Monroe kind of cutty look! If you want to know what my hair looks like, check the 7th pic of Marilyn on this page. My hairs are curly that way when I don't put any product on them and with something, the curls are more defined. So I guess I need to be flatter that my stylist came with a Marilyn Monroe iconic style on my pretty me. Next time, I will try to have it even a bit shorter. It's actually hard to style very natural curly hair. Such hair needs a really good defined cut. And my hair grows quite quickly too. I need a haircut every two and a half months. I try to extend over it, but it's just not possible. Crazy hair.

Other than my pretty haircut, a lot had happened! I finally got to happen to sell some investments this past Friday. Inside my TFSA, I sold the following: Parkland Fuel Corp (PKI), National Bank of Canada (NA), Canadian Imperial Bank Of Commerce (CM), Enbridge Inc. (ENB), The North West Company Inc. (NWC). The money got transferred from my TFSA to my margin account today. My margin account usage is now at $45 170.95. As soon as January 1th kick in, I plan to probably sell all of my Pembina Pipeline Corporation (PPL) stocks and probably also all of my TransCanada Corp (TRP) stocks, and I will try to invest in my TFSA account. Its been announced that for 2019, the contribution limit for the TFSA will be of $6 000. 

The amount I transferred from my TFSA portfolio to my margin will be eligible for a TFSA contribution in 2019. So I will have over 25k in contribution room for my TFSA in 2019. I already have spotted a few investments that I will like to transfer from my non-registered portfolio to my TFSA one:

Nutrien Ltd. (NTR)
ATCO Ltd. (ACO.Y) 
Canadian Imperial Bank Of Commerce (CM)
Goodfood Market Corp. (FOOD)
TFI International Inc. (TFII)
Aecon Group Inc. (ARE)
Aphria Inc. (APH)
BCE Inc. (BCE)
Emera Inc. (EMA)
Jamieson Wellness Inc. (JWEL)

Following those contributions in kind, I will still room for another close to 5k, but that contribution in cash for my TFSA will be made only once I get the 19k margin left (which is e amount left once I will sell PPL). So all this is finally getting exciting. Who knew that paying my margin could be interesting, but it is when the TSX is all upside down AND trading under the 15 000 points. It's chaos. I still believe that paying down my margin is the right thing to do. It will be my project for 2019.

If you notice, Aphria Inc. (APH) appears in the list of investments I plan to use for a contribution in kind for my TFSA. APH businesses are real, no matter what satanic son has to say about it. APH has always been volatile, it takes a hit on the news, but I think we can expect to see APH back in $20 value one day. I have all the time in the word, and I am certainly not in a hurry.

I cannot even believe that I am finally getting that margin paid off. And I am so pretty with my new hair cut. I look like a cute little innocent angel.

What is my cold cash?

I received an email today from a reader asking, totally intrigue, what I mean by "cold cash" in my investment portfolio:

New to my blog? Maybe you didn't know, but cash has it own favor, taste, and its cold or hot depending of the situation. And inside my portfolio, cash is absolutely COLD because I am hot. Cold cash is simply what I have as saving, and I don't have much as you can see. I basically live paycheck per paycheck and I invest all that I can straight on my TSX, and my stocks are my babies.

Its the end of the year 2018 and its quite busy at work. And I feel more and more tired as days go by. Its now starting to get dark at 4 pm if not earlier and it seem to be effecting my level of energy. And I just cannot be that way, especially now when I have so much to think about. I sleep so well in the morning like a little angel, but I have to get up and go to work... And I also have to figure out what do I sell before 2019 hit me in the face, among others. But one thing for sure, the TSX took a good hit today, going all the way down UNDER the 15 000 points - one more time. Like this is the new reality for investors, the environment is all mess up and the stock market is shaking because we had been braved enough to arrest a rich Chinese woman and send her straight to her hell and pay for her crimes in... the USA. In China, there's no social justice, but justice exist in Canada. And this is all of what China government need to understand.

In reaction, my non-registered portfolio closed today session at a $125 811.01 my TFSA portfolio at $74 259.84. My margin usage is at $66 177.58. I am looking forward to sell for $20 000 worth of stocks inside my TFSA to pay by margin. In 2019, I will sell my PPL shares. Following what, I will only have left $19 000 in margin debt. And I plan to pay it off within the year 2019. That's the plan. A $19 000 can be paid withing a year.

Aphria Inc. (APHA) is still the best pot stock on the TSX

I didn't place any order for my new investment inside my RRSP portfolio, I was too busy at work. But I did saw the nice little jump that my belove TSX made at the opening this morning. Some where in the 15 300 points! Let's go bitch, you can do this! Go go go! This should be enough to motivate her soul to start the day on a higher note today.

Just like Exchange Income Corporation (EIF) had suffered from malicious manipulations coming from a dumb-dumb American of the name of Marc Cohodes, Aphria Inc. (APHA) is currently suffering from attacks coming from another American, this time, Marc Cohodes is not involved. Today events seem to be coming from Gabriel Grego, founder of Quintessential Capital Management. I would like to understand why investors care about what Americans have to say regarding our great economy and about the great companies that composed that great economy. Americans are not exactly smart, its a well-known fact. And I refused to accept the fact that the opinion of some idiots can have a huge impact on our economy. 

Too bad, but I don't have no lesson to learn when in comes to quality asset.

I recognize a good stock and if I decided to invest in Aphria Inc. (APHA), its because it was the best pot stock we had in Canada. Or one of the best. Just like Donald Trump did with us, people like Marc Cohodes and Gabriel Grego like to mess with us. We should declared war to those short-seller stars and brake them to the bones. When it comes to Americans, I am absolutely intolerant. I don't think the modern world should pay any attention to what's going on in the USA. The world is much more than only the US. The Americans actually block our perspective by desperately getting all the attention and today, Gabriel Grego did his move, and idiot investors had faith in his voice.

Men like Marc Cohodes, Gabriel Grego like to make some noise and receive attention, but they are both two perfect American idiots just willing to destroy what we have best: our economy. I am really proud to have Aphria Inc. (APHA) in my portfolio and I won't ever let an American with poor judgement to decide of the destiny of my assets.

At some points, someone need to pay of their actions and its not us, Canadians to pay. Fuck off Americans from the TSX.

APHA will recover. Like for any news, Aphria title is really volatile, but today wasn't a good day. But guess what, tomorrow is another day, even for Americans.

Getting ready for my next investment: MTY Food Inc. (MTY) for my RRSP portfolio

My non-registered portfolio closed today session at $128 415.28, my TFSA portfolio at $75 729.71, and my RRSP portfolio - stocks only - $38 676.06. My margin account usage is at $66 214.31 and amount of money left of it available, somewhere in the 18k. My numbers are not too bad. I didn't sell any other stocks yet in order to pay down my margin.

I worked really hard to save money lately. Today, it was raining all day long in Montreal, so I count my penny cash and I actually had $111 in a mix of 5 and 10 cents, and maybe another $100 as I have a bunch of 25 cents that I am not done counting. :-) And before that, I went out for a quick walk as it was heavily raining... and I started feeling something cold on my feet, and it was the rain of course. My winter boots are no longer waterproof. I didn't like those winter boots anyway, but I am a bit upset that I have to buy a new pair, especially now while I was pushing hard to cut down my spending. I really don't want to buy a new pair of winter boots, especially not now.

I am quite good at playing this game of saving money. And whenever I want to play it really hard on myself, I put on a cash diet. The idea is, other than the regular bills and rent payment, you go on cash to pay for everything else and of course, you imposed a limit of cash you have to live on. Not exactly easy. I withdraw $100 in cash per week and that's all I have to cover everything for grocery and everyday expenses for one week. And a $100 is not a lot of money, but it's doable. And the fun is to try to go under the $100 per week. I almost already spend $100 already for this week, but that's because I bought some laundry tickets. I actually have only $9 to $10 left for this week, which will go for coffees. I cut down a lot in my coffee expenses my bringing a thermos of coffee to work. And I bring my lunch, of course. I usually set my lunches for the week on Sunday evening, and I usually clean my apartment on Saturday. In order to save money, the best behavior is to be organized. If you do all the crap before starting a new week, it will help.

I also put a few items for sale on Kijiji, but no luck so far. But I did sale a few items on Kijiji earlier this year. It worth it to check out on the stuff you no longer use and put it to sale. The most annoying part is to handle the emails. I received a few of "is this item still available" kind of email, which is really annoying, but other than that, selling stuff on Kijiji is pretty straightforward.

I currently have over $600 in cash inside my RRSP portfolio. And that's because of the extreme generosity of Thomson Reuters Corporation (TRI) who decided to treat me like a princess - and all of the investors who are holding on to some TRI shares. With that money, I would like to make a little investment in MTY Food Inc. (MTY).

The plan to pay down my margin account in the next three months

The TSX is really difficult to follow right now, its just so volatile! The ride is wilder than ever before and this is not my favorite time. My best time was following the 2008 stock crash. I love my TSX when it's calm and steady. Are the good old days gone for goods? There are always opportunities on the TSX, but it's just that things are getting harder and harder, at least for me. Its costing more and more to invest at credit, and the volatile market makes it riskier than ever to be on a margin account, like the one I had until recently. I decided to sell my PBH shares to pay down my margin and I have no regrets. 

My non-registered portfolio closed this past Friday session a $126 443.97, my TFSA portfolio at $74 795.23, and my RRSP, stocks only, at $37 755.88. Its now official, the TFSA contribution limit for 2019 will be of $6 000. Better start saving now!  A 6k represent a good amount of money to save.

This past Friday session, my margin closed on $66 731.31. Its an increased of $358.02 compared to November 16, but that's only because the interests kick in. And that's exactly why I decided to sell off my PBH shares. With interest rates that are just going to keep rising, a 66k margin felt better on my shoulders rather than a 100k+ one. And no one has the right to doubt on my decisions on that matter. And no one certainly doesn't even have the right to even think that I am not taking the best decisions for myself, because I always do. With this last paycheck, I am going to be able to decrease my margin to $66 011.31. Its amsll step in the right direction, but in other to take bigger steps, I need to sell some investments. And its now all planned!

I am thinking about selling the following stocks inside my TFSA portfolio:

Hydro One Limited (H)
Toronto-Dominion Bank (TD)
Royal Bank of Canada (RY)
Parkland Fuel Corp (PKI)
National Bank of Canada (NA)
Enbridge Inc. (ENB)
BMO Bank of Montreal (BMO)
Canadian Utilities Limited (CU)

Canadian Imperial Bank Of Commerce (CM)

The sell of those stocks should bring on close to $30 000. If I sell those stocks before the end of 2018 and if I transfered the money earn to my non-registered portfolio to pay down my margin, I will be able to reinvest that 30k inside my TFSA portfolio in 2019. I already spotted a few investment I have inside the non-registered portfolio that I would like to proceed with a contribution in kind of to TFSA in 2019: Nutrien Ltd. (NTR), Jamieson Wellness Inc. (doesn't), Aecon Group Inc. (ARE), TFI International Inc. (TFII) - and maybe: ATCO Ltd. (ACO.Y). While selecting some stocks to proceed with a contribution in kind for my TFSA, I always try to target stocks that I really want to keep in my portfolio, but that registered small capital gains, no capital gain at all - or who are experiencing a capital loss.

As soon as 2019 kick in, I could sell my PPL and ENB shares. Following what, I will collect more than what I need in order to completely pay down my margin. After this exercise, I will have a 5k left in cash in order to invest inside my RRSP - that RRSP investment will be made in order to help a bit to reduce my taxes, since I will collect a great following the sale of PPL and ENB inside my non-registered portfolio.

I could pay everything I own for my margin as soon as January 2019. And just to make sure a new debt cycle don't happen again, I will close my margin account. It will be a release for me to be debt free, it will be start of a new beginning where the money I collect as the dividend earned can goes as saving or for new investment, but definitively not to pay the interest of a margin account.

All this only to pay my margin account, but I decided to pay it all for many reasons. A recap of the reasons why:

-I will be turning 40 (!!!) in two years and I need to accelerate my savings and decreased my debt - which is my margin.

-Its getting more and more expensive to invest on credit, as prime rate just keep increasing - and will probably be increase again in 2019.

-A margin is link to the value of stocks, which value is volatile - you always need to check on your stocks to make sure your margin is ok.

-I borrow money from my credit lines when I am away to pay down my margin - and that cost me money.

Paying debt is never a wrong move, no matter what you need to sacrifice.