Proudly paying down debt on a rainy day in Montreal

It ran a big part of the day here in Montreal. Since wake early, I was able to go for a little walk, but soon after I stopped at a coffee shop, it unfortunately started raining and it only stopped around 6 pm. More than Montreal, California would certainly had need all that rain.

The TSX closed this past Friday session in the 16 200 points. The way we were going not too long ago, it was like the TSX was about to pop up majestically to the 17 000 points, without too much problems... but no. Volatility in this market is extreme and it's surprising every time, but the only good things is that over time, you suddenly get it, it's part of the game. And it's a real dirty one. This past Friday, my non-registered portfolio closed the session at $104,063.67, my TFSA portfolio at $88,670.37 and my RRSP portfolio, stocks only, at $48,005.82. The number are not too bad, but to remain in in a similar state, I need just one thing: a TSX in the 16 000 points, and more, if possible.

Many of my most recent investments are doing quite well. With Power Corporation of Canada Subordinate Voting Shares (POW), I am on a gain of +12.36%; with Telus Corp (T), a gain of +4.33%; and with Metro Inc. (MRU), a gain of +2.49%. Among other goods news, my $4,800 credit line debt had now decreased to $3,221. I am working hard to pay it all by the end of November. Meanwhile, I am having an interesting time reading the comments post in my previous post. Being read or not, it's not something that is really important for me for many reasons. With all the too good investment picks that I provide for free, I prefer to be read by just a few. Every time - because this is not the first and probably not the last time - that I received a comment saying something like, I won't read your blog anymore... It's quite hilarious. I am not the one who's losing from this, only the reader who doesn't want to be a reader anyone is.

When it comes to Li Ka-Shing, questioning where is coming the wealth is completely legitimate. It's not because you can find the bio of the individual online that nothing is missing in it. I have no trust in Li Ka-Shing. I don't think that any Asian can possibly reaches a high level of richness without being involve in such form of crimes or with the mafia. When a rich Asian like Li Ka-Shing decided to invest his bucks in a Canadian business like WELL Health Technologies Corp. (WELL), it's your job to worry about the bad consequences that such involvement can have on the stock. When it comes to your money, you should always worry and only invest in extremely high quality stocks on which you can totally rely on.

Is WELL Health Technologies Corp. (WELL) could be a good fit in my investment portfolio?

The stock market ups and downs that we are in since the beginning of this pandemic is making hard to invest or to even like stocks. It required investments that are solid like a rock to go through this without too much damaged. In the circumstances, I considered myself lucky to have a net worth in the 200k. I always like to search for something new to invest in. Until today, I didn't have any new investment that I wanted for my portfolio, but that all changed when I met WELL Health Technologies Corp. (WELL). Having no investment dream, not having a single stock that I really want to invest in next is like super boring for me. 

 

And because I have the portfolio that I have for a long time now, it's hard to find something new to invest in, because I already hold so many great stocks. At a point, I consider it as being a normal situation not being able to find new stocks to invest in. The TSX has it limit, however, there's always something new, or a stock that went under the radar and I didn't notice for whatever reason. And that's exactly why no one should ever stop searching for new investments. You never know what you had been missing until you have find that new really hot thing.

In my case, that hot new thing is currently WELL Health Technologies Corp. (WELL). At less than $10 per stock, WELL is in a good place. That stock didn't pay dividend, but I wouldn't mind investing a small amount in it. I find that stock in The Motley Fool. It's the first time that I find a new stock to invest in by reading The Motley Fool. I don't hold any stocks that are in the health sector. I find WELL Health Technologies Corp. (WELL) interesting for that reason. WELL is a nice mix between technology and health. In my investment portfolio, I did really well on stocks that are related to the IT: CGI Inc. (GIB.A) and Calian Group Ltd. (CGY). Kind of bit like WELL Health Technologies Corp. (WELL), GIB.A and CGY both provide services in the field of technology. 

 

Back in 2019, it was said that Li Ka-Shing, a Chinese billionaire had invested in WELL Health Technologies Corp. (WELL). It's unfortunate, but stock markets are an open market, and even a rich Chinese can come over and invest in our market. And it seem like it's easy like that. Chinese interest shouldn't mix with Canadian ones. China being China, I am pretty sure that Li Ka-Shing is not an honest business man. Anyone with valuable money coming from China cannot be respectable. At a point, they had to do some crimes or financial crimes to come to that extend in a communist country. For that reason, I won't be investing in WELL Health Technologies Corp. (WELL) for now. 

 

Currently, I only want to pay off my $4 800 credit line debt. I am expecting a good amount on my paycheck tomorrow, and it will all go to pay down that little debt. I hope to clear it out soon.

Amazing Cargojet Inc. (CJT) is pushing me right to the edge

October is coming by in a hurry and it's quite sad but I don't think I will be able to visit New Brunswick for the hunting season.

Nice gain for the TSX today as we are getting higher in the beautiful skys of the 16 000 points, thanks to a nice gain close to the 300 points. Today, a stock that I hold inside my TFSA portfolio, Cargojet Inc. (CJT), registered a gain of 4.21%. Right now, when it comes to Cargojet Inc. (CJT), I am on a gain of +105.22% on that stock alone. This is really welcome because other stocks that I hold are not doing so well. For example, I am quite disappointed with the Bank of Nova Scotia (BNS) stocks that I hold inside my non-registered portfolio. Sadly, Bank of Nova Scotia (BNS) were among the first stocks to make it in my non-registered portfolio. That was several years ago. But between than and now, I am currently on a capital loss of $620.35. In this pandemic, Bank of Nova Scotia (BNS) had become both a pain and an obsession.

It wasn't that of a long time ago that I was on a good wave when it comes to Bank of Nova Scotia (BNS), I was registering good gain on that stock, but not anymore. This pandemic was hard on some stocks and Bank of Nova Scotia (BNS) is just one of those stocks that reveal itself as being weak as hell. Back in the days, if I would had invested in Royal Bank of Canada (RY) instead of Bank of Nova Scotia (BNS), I would be quite richer. Bank of Nova Scotia (BNS) proved to be just a garbage shit stock, driving me no where. Just disgusting. If could physically hit on a stock and make it eat some dust, that would be BNS. I hate my BNS stocks to the point where I am thinking about selling the BNS stocks I hold inside my non-registered portfolio to pay down my margin. Such move would reduced my margin debt to only $36,000. The other side is that BNS pay a nice dividend and I wouldn't like to say goodbye to BNS really nice dividend distribution.

On a higher note, my non-registered portfolio closed today session at $105,420.23, my TFSA portfolio at $89,148.48 and my RRSP portfolio - stocks only - at $48,480.40. I now have closed to $500 in cash balance inside my RRSP portfolio. I will be able to make a new investment soon.

I have no more investment dream, but that's ok for now

My non-registered portfolio closed Friday session on a tiny $103,997.52, my TFSA portfolio at $87,991.40, and my RRSP portfolio, stocks only, at $47,543.42.

I guess that the 16 700 points were just too good to be true, especially in the circumstances. I was getting quite comfortable and I really enjoyed having my net worth in the 230k, despite the fact that I was hoping for more gain. It's quite hard to see the TSX on a little 16,218.01 points, but at least, we are still in the 16 000 points. I don't know if it's because we are still dealing with this pandemic, but I don't have any investment project. I didn't catch on anything new that really light me on. These days, at the exception of the Cogeco takeover bid, which had been refused - for now - by the major shareholders.

Brian Belski of the really bad BMO Capital Markets is getting super excited for whatever reason and he's announcing hard and loud that the TSX is going to reach record high levels by the end of 2020. I wouldn't get too excited if I were Brian Belski, but big part of his job is to make fake prediction to trick investors. Sincerely, try at all cost to stay away from big bullshit givers like Brian Belski. The only thing he's good at, is showing off. 

Don't expect Brian Belski, even if he's a chief investment strategist, to come over with some awesome investments picks like I do. A job title mean nothing on the street. The TSX is just too volatile to make any prediction at all. Anyone with a bit of common sense will agree with me. Listening to someone like Brian Belski can create a feeling of over excitement for some investors. But right now, investors don't need excitement. We all need to keep our feet quietly on the ground, and we need not to panic, or become exciting over really anything. Right now, the best thing to do for yourself and your investments is to stay healthy, wear a mask in public area, wash your hands, eat clean. And personally, I can add to this paying down debt. Nothing better than paying down debt to stay grounded and right in your mind.

Other than my margin account debt, I currently have a credit line debt. The interest on it is super low, but I am looking forward to pay it down anyway. The amount I need to pay down is of $4,800. I am not in a mood to invest in anything. I spent my whole spring and summer, and now autumn in Montreal, without traveling, without vising New Brunswick. Saving money had become a too easy task. I should be able to pay off my credit within 3 months. $4,800 is not that of a big amount, but if you try to get it paid off, suddenly, that $4,800 began to feel like a little sum of its own. That's why it's so difficult to pay debt, because the difficulty really start when you begin the process of paying off, and than, it became difficult to live on a restrictive budget.

I hope to be able to pay it off by the end of the year, and if lucky, by November. It could be seem like a long way to go, but just a quick reminder, we are already in the month of September! Following what, I will only have left my margin debt to pay off, which is currently at $46,118.64.

This is 40

This is it, I am now 40. I am currently listening to Donald Trump nomination speech and wow, I learning that God is blessing America. Melania Trump is wearing an awfully fluo green dress that is just ugly to hell. Doesn't she have a stylist to help pick up nice outfit or what? On that one, Melania Trump did a major fashion faux pas. I just don't understand her dress. If Melanie Trump is trying to make a statement, I simply don't get it. She's way too flashy while facing a crowd sitting one on the other, and most of people sitting down there are not wearing a mask!

According to Trump, American border are more secure than ever before. Yep. and that's because the US-Canada border is closed buddy - thanks God. The pandemic is helping a bit Trump in the process.

Tomorrow is the DAY - only one day left before my BIRTHDAY... and the world as we know it will never never be the same

This is quite exciting. The TSX closed today session on a nice gain of over 170, for a majestic total of 16,789.97 points. My non-registered portfolio closed today session on a $106,628.01, my TFSA portfolio at $90,495.23, my US portfolio at $3,827.64, and my RRSP portfolio - stocks only - at $48,664.38. I think that this is among the first time ever that I am reaching 90k inside my TFSA portfolio. I am not updating ny portfolio this evening because I am kind of running of time as I have a couple of things to do, I am busy. 

But quickly: I currently have $449.96 in cash inside my RRSP portfolio that is coming from my dividend distribution. Soon, I will have enough to place a new investment inside my RRSP stocks portfolio. I really like to reinvestment the dividend distribution money in a new stock. I will have to think about a new investment for my RRSP portfolio.

Currently, my margin debt is at $45,890.91, and I have left available on my margin an amount of $20,379.46. This leave me a little bit of room to proceed with another contribution in kind for my TFSA portfolio. the Telus Corp (T) stocks that I hold in my non-registered portfolio remain a good candidate, so I am looking forward to make that move by Friday. And since I have so many contribution room left for my TFSA - which is a shame but I do what I can, iShares S&P/TSX Capped REIT Index (XRE) would be another good candidate.

And following what, I won't have any more picks inside my non-registered portfolio to do contribution in-kind over my TFSA portfolio. Especially if the TSX continue to register gain like today, its going to be harder and harder to target stocks inside my non-registered portfolio because all of my investments are like gaining in value and I don't want to select stocks that are on a too high capital gain as stocks for a contribution in-kind to my TFSA.

With Erin O'Toole, the Conservative Party is dead - and only two days left before my BIRTHDAY!

According to his Wikipedia profile, he's 47 years old, but Erin O'Toole look like he's much more older, like a 60 years old or something. Erin O'Toole has clearly express himself as being anti-patriotic. Nothing to be surprise of, especially knowing that O'Toole father was an Irish descendant and his mother was from England. O'Toole parents were immigrants. But the worst thing being that Eric O'Toole was born in Montreal. Quebeckers are well-known for being cheater, liar and incompetent. We already have experience it many times with Justin Trudeau. Canada certainly doesn't need another Quebecker as top leader. 

O'Toole is certainly not different than others and he's not different from Justin Trudeau. The reason why that I am saying that Erin O'Toole is anti-patriotic is because he wants to recognize Quebec as a nation. Quebec province is not a better Canadian province than others. It's a shame and it should be recognize as a crime to design Quebec province as a nation. We in New Brunswick, we are among the first citizens who had built this country. We are bilingual, and we are not asking for any special treatments despite the fact that we are certainly better than any other Canadians.

Under Eric O'Toole, the Conservative Party is going absolutely no where. O'Toole is just a stupid little player. What I am looking for, my ideal politic party would be build on pure patriotic values, closed to the extreme right, but without the violence. Currently, I am not getting any of that from any party.

In life, you need to know who are your friends, and who you can rely on. And it's also extremely important to be able to recognize your enemies. Right now,  Erin O'Toole is not doing anything great for Canadians. By his willingness to recognize dumb Quebec as nation, he's destroying us. But could we really expect anything more coming from a son of immigrant?

Finally contributing to my TFSA portfolio (yeah!) - and only 4 days left before my BIRTHDAY OMG!!!

The countdown still continue. Last week, the sell of Richelieu Hardware Ltd. (RCH) left me with a nice amount in my TFSA. I used that money to pay off an expense of mine, left some money to pay down my margin, and I also proceed with a contribution in kind to my TFSA portfolio. I took one of my recent investment that was in my non-registered portfolio - Rogers Communications Inc. (RCI.B) - and got it transferred over my TFSA portfolio. Since I still have several thousands left in contribution left for my TFSA, which is a shame, I am thinking about also doing a contribution for another recent investment of mine: Telus Corp (T).

Over the past years, I mostly contribute to my TFSA portfolio by doing contribution in kind. That's why the list of stocks that I hold inside my TFSA portfolio is much longer there than in my non-registered portfolio. It haven't always been that way. I used to have much more stock in my non-registered portfolio than in my TFSA one. Contribution in kind is an easy way to take advantage of your TFSA when no more fresh cash is available.

While targeting investments in my non-registered portfolio for possible candidates for a contribution in kind for my TFSA portfolio, I try to target investments that I care about and that I want in for the long run. Also, I like to target stocks that in the present time, are experiencing a small - or medium capital losses. Because if I go the other way, if I chose a stock that is experiencing big capital gain and get it transferred over my TFSA, unfortunately, I will have to report the capital gain and pay tax on them. Selecting stocks that you are experiencing a little loss on is the way to go. You won't be able to claim a capital loss, but you won't have to pay taxes on any future capital gain if the stock finally decided to grow. It's really important to take fully advantage of your TFSA portfolio because all dividend gain inside a TFSA portfolio is.. tax free and it's amazing.

Currently, I am experiencing a capital loss of  something like $500 on my Bank of Nova Scotia (BNS) stocks. BNS was a stock that was either in the Derek Foster Stop Working book, or in the Lazy Investor, I don't remember exactly which one, but BNS was a Derek Foster stock. This pandemic had been really bad for Bank of Nova Scotia. Since I am experiencing a loss on Bank of Nova Scotia (BNS), I had been thinking about using my Bank of Nova Scotia (BNS) stocks to do a contribution in-kind to my TFSA portfolio since I have left a really large contribution room for it, I could have done it without any problem. BUT, my problem being my margin account situation. A margin account is just a bitch that have control over you. While holding a margin account to a non-registered account, you cannot do everything you want, your liberty is being compromised. 

I simply cannot used my Bank of Nova Scotia (BNS) stock for a contribution in-kind because the margin value of my BNS stocks is just way too high. I would have to put on several thousands cash in my non-registered portfolio before doing that move and since I don't want to used any more debt money, despite our low interest rate environment, I am not getting into that shit. Low interest rate or not, it's extremely hard to pay down debt. Currently, I have a margin debt and a credit line debt that together currently make a total of $50 647.45. It's not that huge of an amount, I know I can take take down easily, over time. I am looking forward, now that I am soon about to turn sexy 40, to pay down my debt. We don't know how which turn this pandemic is going to take, I am getting older, as my "old" folks in New Brunswick, and I have no real trust in Chrystia Freeland as newly minister of finance. For all of those reasons, saving money and paying down debt - if you have any - should be - like it is to be - among your top priority.

Thank you and goodbye Richelieu Hardware Ltd. (RCH) - and only 9 days left before my BIRTHDAY!

Yesterday $234,852.72 net worth really surprised me. While noticing that my non-registered portfolio was exceeding the $110 000 value, I knew I have just no other choices than to update my portfolio.

The countdown continue... As announced yesterday, I actually moved on with my idea. This morning, at the TSX opening, I sold all of my Richelieu Hardware Ltd. (RCH) shares. Richelieu Hardware Ltd. (RCH) was a part of my TFSA portfolio since 2017. Until yesterday, RCH never been a success story in my portfolio. I saw my investment in RCH loosing as much as -$300 and more in value. My shares never really reached a positive territory. Richelieu Hardware Ltd. (RCH) value started getting better in the mid-July of this year. Yesterday was an over the edge performance for RCH. I had been waiting for 4 long years for that moment, but it's only yesterday that RCH began to finally deliver. This could mark a new era for Richelieu Hardware Ltd. (RCH). Maybe RCH is in for more gain. However, after waiting for 4 years, I wasn't going to waste any more time when it comes to Richelieu Hardware Ltd. (RCH). I am turning 40 in exactly 9 DAYS and I just have no more time to waste. I am not investing it stocks to glorify themselves, the effect wanted is actually all of the opposite. I want the businesses that I invest in to make me look good and push me over directly in the $300 000 net worth direction. Nothing too complicated to understand.

Just in case that you are wondering, I decided not to sell iShares S&P/TSX Capped REIT Index (XRE). XRE will remain for now in my non-registered portfolio, where it belong. I am afraid that if ever I sell XRE, I will lose up the "charm", and stop being successful with my portfolio.

Welcoming a $234,852.72 net worth - and only 10 days left before MY BIRTHDAY!

With today nice gain for the TSX, I was curious to find out where my value was at. My non-registered portfolio closed today session at $110,588.35, my TFSA portfolio at $89,868.72 and my RRSP portfolio at $48,110.87. And it's no surprise that my net worth closed this rainy day in the $234,852.72. Compare to my latest update which was on August 5, I made a gain of a bit over $8,000 in 12 days. If luck turn my way, I may be able to reach 240k right on time for my birthday. Got to hurry up TSX baby, because we only have 10 more days to go.

Something just too amazing to be true just happen today! For one of the first time ever, I think, I am on a little gain on Richelieu Hardware Ltd. (RCH). RCH always been a pain to hold inside my TFSA because that stock never went anywhere - it never really experienced gain. But now that I am on it - for like the first time ever - I just have one thing in mind: I WANT TO SELL OFF THAT CRAP!

LOL, but hell yeah. I may be turning 40 really soon, but I am still a really really bad bad bad girl.

I shouldn't be so severe when it comes to RCH. Back in the days, I had pick that stock on Susan Brunner blog. I taught I was on something good. But I never experienced really good gains on that stock and add to this already bad situation that Richelieu Hardware Ltd. (RCH) pays a really tiny dividend. Tomorrow, RCH, just get ready to be kick out of the woods. 

Also, I am secretly thinking about selling the iShares S&P/TSX Capped REIT Index (XRE) shares that I hold inside my non-registered portfolio. In there, I have XRE on a little gain, but since I already hold to a bunch of REIT inside my TFSA, I wouldn't mind selling my XRE shares to pay down a little my margin debt. 

My only problem is emotional, because XRE had been in my portfolio since my early beginnings. What if I sell XRE, and my luck, as well as my youth just fade away on that specific day when I turned 40... Can a single stock hold on to all of the white magic of the world? I am scare that if I sell XRE, I will be no longer me.