My debt situation on date of December 31, 2020

Margin account: $50,731.14 @ 4%

Annual interest: $2,029.25

On the date of December 31, 2020

**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.

Investment ideas for day traders: Bitcoin Fund The Class A units (QBTC), The Bitcoin Fund (QBTC.U) and The Ether Fund (QETH.U)

There will be no investment portfolio update today because the TSX closed today's session at 17,543.43 points, -80.45. Nothing dramatic, but nothing that worth a portfolio update. In case of need, this one is awesome and mark my highest net value ever! Of course, I want to continue on the right curve. I keep my eyes all open, watching what's going on with the TSX. In 2020, 3iQ launched three funds related to the cryptoasset world. The latest 3iQ's fund is by far the most interesting one, is The Ether Fund (QETH.U).

 

Ether (ETH) is a digital currency designed to be used primarily within the Ethereum applications. At first, you could believe that Ether is similar to Bitcoin, but it's not the same thing. Ether and Bitcoin share similarities, but through Ethereum, blockchains exist to do more. Ether (ETH) evolves in a completely different financial system, in a system that is dependant. The Ether Fund (QETH.U) trades on the TSX, which is open Monday through Friday from 9:30 am to 4:00 pm Eastern Time. Regarding the Ether (ETH) trading hours, it's a bit different.

Ether (ETH) can be bought or sold at any time of the day. It made ETH trading quite convenient. Other cryptocurrencies, like Bitcoin, not to name it, and Ripple (XRP). With its around-the-clock trading, cryptocurrency is a world of its own that reveals to be quite different from the stock market. The cryptocurrency world seems to be more liberal than the stock market. At this time - and I don't think that will ever change - I don't feel comfortable buying cryptocurrencies, especially not Bitcoin (BTC). However, different funds, like Bitcoin Fund The Class A units (QBTC), The Bitcoin Fund (QBTC.U), and The Ether Fund (QETH.U) that trades under the legislation of the TSX gives investors like me the opportunity to get involved in a promising sector.

The reason why I never got any interest in cryptocurrency is because of Bitcoins. In my opinion, Bitcoins are a shit currency that is used by hackers around the world as a preferred method of payment. Around the world, ransomware victims are under one obligation. They need to pay their hackers in Bitcoins to have access to what they have lost. Such madness is being actively promoted by Bitcoin who's doing absolutely nothing to stop such crimes. For me, Bitcoin only means hacking and pain. Bitcoins had been around since 2009, but no one knows for sure the identity of the founders. Bitcoin's founder is known to be Satoshi Nakamoto, but there's no one standing behind that name. Satoshi Nakamoto is only a nickname. Maybe Bitcoin had been created by hackers. No one can know for sure. Some evil hackers would have created Bitcoin as a secure payment method for their illegal activities. The fact that no individual is standing behind Bitcoin is quite frightening to me. That's a problem we don't have when it comes to Ether (ETH).

The founders of Ethereum are Vitalik Buterin and Gavin Wood. From my understanding, Gavin Wood is no longer involved in Ethereum. Vitalik Buterin was born in Russia. He immigrates with his family in Ontario, he even went to the University of Waterloo, but soon drop-out to concentrate on his activities with Ethereum. Listening to interviews that been giving by Vitalik Buterin is interesting. I am far from being a specialist in cryptocurrency, but when Buterin talks about Ethereum and Ether (ETH), I get what he means. His speech is crystal clear. Vitalik Buterin is so smart and amazing. Check it out for yourself:

If I ever buy crypto in my life, it will be in some Ether coins. But for now, I prefer to invest in Ether through The Ether Fund (QETH.U). QETH.U is a recent new comer on the TSX. Today alone, The Ether Fund gains +16.916%. Those great gains are quite appealing.

This is my financial vision board for 2021

Just a few days left and 2020 will be behind us. 2020 was supposed to be my year. In 2020, I turned 40, and my father turned 70, so a lot was going on. I had reserved a two-week vacation at the beach in New-Brunswick, everything was going to be a blast. But the good plans didn't happen because of the COVID. I usually go to New-Brunswick every 2-3 months, but in 2020, I didn't do anything. I didn't travel to Cuba either way. I am currently on a two weeks vacation that I am spending at home in Montreal. I could have spent that time in Cuba in a resort somewhere like Cayo Coco, but I resisted the temptation. It is not time to travel overseas, but only a time to stay home.

Despite it all, 2020 wasn't all bad. After all, it's in 2020 that I reached my highest net worth value ever. That value is currently $259,070.79. That's why this in my "vision board" for 2021 and lucky are you to have access to it:

I never had a vision board before, this is all new to me. It's the main reason why it's so simple, standing alone on a yellow basic post-it. However, the wording alone contains an efficient, extremely powerful message. My vision board contains two key secret messages: 

Message #1: I want a $300,000 net worth;

Message #2: I am the boss.

:-) 

That's all well said. I think the $300k net worth goal is reachable for 2021 if I control my expenses. I shouldn't have any problem in that regard. With the pandemic that is still going on, I won't be able to visit New-Brunswick in the next couple of months. Fact that malls and stores are closed is helping as well. Luckily enough, I am not a fan of online shopping. I rarely buy anything online. Online shopping is a trap to make you spend all of your valuable money. It's way too easy to overspend online. I prefer to see in person the items I want to purchase before buying. 

It's certainly not by buying stuff outside stocks that will help me reach my precious $300,000 net worth. For 2021, I hope to stay in control of my finances, save more money and invest more.

Surprise! For Christmas, I reached my highest value ever: $259,070.79

I hope you all had a Merry Christmas. Mine was boring, and on top of that it was raining in Montreal. Today the weather was better, it was snowing this morning. I don't mind the snow, but I absolutely dislike rain during the winter. At this time of the year, its not suppose to rain. I knew that today, there was no Boxing Day, that stores were all closed, but I wanted to shop the Boxing Day at the drugstore and I felt somewhat excited. The idea was to check out over the beauty gift sets, to see if I could get my hands on something nice, but it didn't work out as plan. It's currently not possible to buy anything nice outside of the regular drugstore products. Unfortunately for me, perfume and gift sets are not being considered as "essential" items.

I updated my investment portfolio because I was under believe that I was up to something. And of course I did. At now $259,070.79, my net worth is super close to the 260k. It would be nice if I could closed the year a 260k net worth.

While waiting, I need to present you a tiny little dog that warm my heart, coming straight from YouTube, please meet Norbert:

Norbert is like a little doll and it makes me laugh every time I see his little tongue out of his mouth, like this:

Sooo adorable!

You are welcome.

My debt situation on date of December 24, 2020

 Margin account: $48,741.26 @ 4%

Annual interest: $1,949.65

On the date of December 24, 2020

**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.

My investment portfolio on date of December 24, 2020

Cold cash: $1,691.52

Stocks and Units investment portfolio $CAN

Bank of Nova Scotia (BNS)

Methanex Corporation (MX)

Fortis Inc. (FTS)

Pembina Pipeline Corporation (PPL)

iShares S&P/TSX Capped REIT Index (XRE)

New Flyer Industries Inc. (NFI)

TMX Group Inc. (X)

K-Bro Linen Inc. (KBL)

TransCanada Corp (TRP)

Canadian National Railway Co (CNR)

Enbridge Inc. (ENB)

Emera Inc. (EMA)

Saputo Inc. (SAP)

Loblaw Companies (L)

Savaria Corporation (SIS)

WSP Global Inc. (WSP)

Aphria Inc. (APH)

George Weston Limited (WN)

Telus Corp (T)

Power Corporation of Canada Subordinate Voting Shares (POW)

TOTAL: $111,332.16

Stocks and Units investment portfolio $US:

Berkshire Hathaway Inc. (BRK.B)

General Mills Inc. (GIS)

TOTAL: $3,772.71 US: $4,847.56 CAN

 

Tax-free savings account (TFSA):

Dumont Nickel Inc. (DNI)

CT Real Estate Investment Trust (CRT.UN)

Canadian National Railway Co (CNR)

Exchange Income Corporation (EIF)

Brookfield Infrastructure Partners L.P. (BIP.UN)

Brookfield Renewable Energy Partners L.P. (BEP.UN)

Andrew Peller Limited (ADW.A)

Toronto-Dominion Bank (TD)

Boyd Group Services Inc. (BYD)

Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)

Data Communications Mgmt (DCM)

Morneau Shepell Inc. (MSI)

Royal Bank of Canada (RY)

Park Lawn Corporation (PLC)

Toromont Industries Ltd (TIH)

BCE Inc. (BCE)

Boralex Inc. Class A Shares (BLX)

Richelieu Hardware Ltd. (RCH)

Savaria Corporation (SIS)

Northland Power Inc. (NPI)

Calian Group Ltd. (CGY)

Canadian Utilities Limited (CU)

WSP Global Inc. (WSP)

Granite Real Estate Investment Trust (GRT.UN)

Cargojet Inc. (CJT)

Nutrien Ltd. (NTR)

TFI International Inc. (TFII)

Canadian Imperial Bank Of Commerce (CM)

SIR Royalty Income Fund (SRV.UN)

ATCO Ltd. (ACO.Y)

Aecon Group Inc. (ARE)

Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A)

Metro Inc. (MRU)

Alimentation Couche-Tard Inc. (ATD.A)

Fortis Inc. (FTS)

CGI Inc. (GIB.A)

TMX Group Limited (X)

Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)

Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)

Suncor Energy Inc. (SU)

Rogers Communications Inc. (RCI.B)

JFT Strategies Fund Class A Units (JFS.UN)

Cash: $359.33
TOTAL: $103,193.31

RSP investment portfolio: 

Emera Incorporated (EMA)

Ovintiv Inc. (OVV)

Toronto-Dominion Bank (TD)

Telus Corp (T)

Royal Bank of Canada (RY)

Savaria Corporation (SIS)

Thomson Reuters Corporation (TRI)

Park Lawn Corporation (PLC)

Richards Packaging Income Fund (RPI.UN)

Toromont Industries Ltd (TIH)

CAE Inc. (CAE)

CGI Group Inc. Class A Subordinate Voting Shares (GIB.A)

Boralex Inc. Class A Shares (BLX)

Quebecor Inc. (QBR.B)

Logistec Corporation Class B Subordinate Voting Shares (LGT.B)

Brookfield Renewable Partners L.P. (BEP.UN)

Leon's Furniture Limited (LNF)

Bank of Nova Scotia (BNS)

Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)

Cascades Inc. (CAS)

JFT Strategies Fund Class A Units (JFS.UN)

Cash: $45.93

Total: $53,103.38

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,215.34

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

Natural Resources Term Savings (Indexed term savings): $502.45

NBI Income Fund: $1,421.41

Manulife Fidelity NorthStar GIF CAP

Manulife Simplicity Growth Portfolio 

Maritime Life CI Harbour Seg Fund

Maritime Life Fidelity True North Seg Fund

Manulife GIF MLIA B World Invest

Total: $7,853.61

Other various: $19,977.76

TOTAL: $86,651.25

Social Capital at Desjardins Membership share: $35

Online money: $61.25

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

$307,812.05

On the date of December 24, 2020

Watch out for Boralex Inc. Class A Shares (BLX) (it's on fire for whatever reason!)

Today, my non-registered portfolio closed the trading session at $112,907.27, my TFSA portfolio at $101,788.27, and my RRSP portfolio at $52,941.95. This evening I got the best meal ever, nothing difficult to make, but so good: a pancake with maple syrup and smoked salmon. I am quite good with meals that can be done quickly and easily. No time to waste. Something else that I like is cooking cranberries. I don't like cranberries, I adore cranberries. It's among the easiest thing to cook and its taste so good. It would be good with just a bit of vanilla ice cream, right on time for Christmas Eve :-)

This is the second day in the row that I am noticing great gains for Boralex Inc. (BLX). I remember back in the days, when I first invested in BLX, I wasn't expecting to be that much successful with it. Actually, my story with Boralex is quite similar to the one I have with Richards Packaging Income Fund (RPI.UN), an unexpected long love affair and I couldn't imagine not having BLX or RPI.UN in my portfolio. Sometimes - I will admit - I just want to pick something new to add up to my collection of assets. But always, I am investing in this or that, hoping for the best, but also knowing that I am making just another great investment moves. Sometimes, my results are just better than expected. 

I proceed with the little contribution in kind for the BCE Inc. (BCE) shares that I was holding inside my non-registered portfolio over my TFSA. It's a good thing because now, all the stocks that I hold of BCE will be all in the same portfolio spot. The number of investments that I hold inside my non-registered portfolio is getting shorter and shorter. For 2021, I will try to contribute to my TFSA using mostly cash. I hope to make great findings on Stockopedia as I did before for RPI.UN, and many others, like Richards Packaging Income Fund (RPI.UN), Park Lawn Corporation (PLC), and Cargojet Inc. (CJT), among others.

Talking about Stockopedia, while conducting my searches on the platform, I notice that JFT Strategies Fund Class A Units (JFS.UN) was now featuring in one of their screens that is name "Trading below Cash Screen". Briefly, that screen tries to target investments that are strong enough to handle any kind of stock market shit. And that is precisely the reason why I decided to invest in some JFS.UN units, although it doesn't pay any dividend distribution. However, some years, like last year, JFS.UN had paid some dividend distribution. Will I be lucky enough to get some juice this year? If so, I promise to never ever again to say any bad things about Jean-François Tardif. I promise.

Welcome in my RRSP portfolio JFT Strategies Fund Class A Units (JFS.UN)!

My non-registered portfolio closed today session at $112,327.85, my TFSA portfolio at $101,752.98 and my RRSP portfolio, stocks only, at $52,723.52. Also today, for no obvious reason, Boralex Inc. Class A Shares (BLX) gains 8.114%+!!! In her latest post, Susan Brunner reviews one of my top performers, the one and only: Richards Packaging Income Fund (RPI.UN) so go check it all. I invested in RPI.UN back in 2016. While investing in a new stock, I always hope for the best, but little that I knew back in the days that Richards Packaging Income Fund (RPI.UN) was going to be one of my most successful investments OF ALL TIME! And I own this one to my very good impressions and Stockopedia. I recently registered to Stockopedia, taking advantage of their promotion for Black Friday because I missed Stockpedia. I made really good finds using that platform. Without Stockopedia, it's a lot harder for me to find some new stocks to invest in. BNN won't help in that matter, either of any of the big financial media. I just want to get a bit more than what I have now. I did some overtime in 2020 and for 2021, I expect to do even more to help provide cold cash that will quickly turn hot on the stock market. I already complete some searches on Stockopedia. Luckily, a long list of stocks results from those searches, so more good investment ideas are here to come. 

I didn't invest any new money of my own in my RRSP for quite sometimes but recently, I proceed with a 1k contribution to my RRSP stocks portfolio. I decided to do so because in 2020, I worked extra hours at work and I don't want to be stuck having to pay extra in taxes because of that overtime. I think 1 k will be enough, on top of what I already contribute at work. I am not a huge fan of RRSP, I prefer TFSA and non-registered contribution because that money is available anytime I need it. But now that I have over 100k in my TFSA, close to 1115k in my non-registered, I am at a point where adding a bit of extra money inside my RRSP won't hurt me, especially if it helps me to decrease the amount I need to pay extra in taxes.

Today, I invested that money I had in my RRSP portfolio in JFT Strategies Fund Class A Units (JFS.UN). Currently, I have a bit more than $311 cash inside my TFSA portfolio, so soon enough, it will be time to invest in something new, this time for my TFSA. For 2020, the only thing left I want to do for my portfolio is to transferred the BCE Inc. (BCE) shares that I hold in my non-registered portfolio to my TFSA portfolio. I taught about partly selling SIS because Derek Foster did so, but I decided not to do so in the present time.

My annual dividend income is now at $9,452.50

I hope you are doing well. I am currently on a long 2 weeks vacation. I am staying "home", here in Montreal. I could have hit south, especially knowing that I have 2 weeks at my disposal to do so, but with the COVID hitting hard, I preferred to just do nothing. I am not even going to visit my family in New Brunswick. It feels strange to just stay here. I usually move around quite a bit in a year and 2020, I didn't have too much fun, but at least I didn't get the COVID which I am quite afraid of. It's such a strange disease that we cannot know how we'll react to it and the strangest thing ever is that you can actually have the COVID, without having any symptoms at all, but still be able to give it to others... That's probably one of the strangest things of all. I am not having any problem enjoying my free time outside work and those 2 weeks are going to be nice no matter what.

I began by updating my dividend income. It's an exercise I didn't perform in a while so I don't know for sure where I am at anymore. Here are my numbers for my dividend income:

Non-registered portfolio: $5,495.97;

US portfolio: $65.28 US: $83.28 CAN;

TFSA portfolio: $2,338.55;

RRSP portfolio: $1,534.70;

Total: $9,452.50.

I would like a 10k dividend income, but that $9,452.50 is fine. I never focus exclusively on my dividend income. I find that it can be quite dangerous to focus too much on high yield stocks, and on dividend income. Stocks that are offering a high yield can be quite dangerous, especially now during this economical environment. I prefer to have a lower dividend income rather than having a higher one with too many stocks that might involve higher risks.

Welcoming my highest net worth value EVER: $258,948.73 **on date of December 4, 2020**

Back on December 4, I reached what is now my highest net worth value ever: $258,948.73. Currently, my net worth is probably still around that number. This past Friday, my non-registered portfolio closed at $118,189.98, my TFSA portfolio at $98,760.50 and my RRSP portfolio - stocks only - at $50,887.35. Yesterday, with a TSX down to 17,387.40 points, my numbers were obviously lower. My non-registered closed yesterday session at $114,427.70, my TFSA portfolio at $101,902.50 and my RRSP portfolio, stocks only, at $52,113.34.

Today, with a TSX at a really good 17,506.48 points, my non-registered portfolio closed today session at $115,103.79, my TFSA portfolio at $102,331.70 and my RRSP portfolio, stocks only, at $52,541.99. I didn’t update my portfolio, but I suspect my net worth is currently in the $261,000. Only $39,000 left to go before hitting on the magic $300,000.

For the first time ever, my TFSA portfolio is exceeding the 100k value, and that’s because I finally proceed with a new contribution in kind for my TFSA. I took the Telus Corp (T) stocks that I was holding inside my non-registered portfolio and got them transferred over my TFSA portfolio. Another stock that I could transfer over my TFSA by the end of 2020 is the BCE Inc. (BCE) shares that I hold inside my non-registered portfolio. And that would respect the 6k contribution room for 2020 when it comes to the TFSA.

I also proceed to a 1k contribution for my RRSP portfolio. I am not an RRSP fan, but I decided to place this extra small contribution, hoping that it will help to decrease any extra taxes that I may have to pay for 2020. I didn’t really trade in 2020, but I did some extra hours at work and it will help compensate. Since I worked from home, I can also declare some extra expenses and a part of my rent so that should help.

I currently have a bit more than 1k in cash inside my RRSP portfolio and that means that I have to think about a new little investment. I now have access to Stockopedia - since I paid for a year's subscription during their Black Friday promotion. I already went through some interesting stocks that we’ll chitchat about pretty soon, but for my RRSP portfolio, I don’t want to play. It may surprise you maybe as much as it did for me, but I was thinking about investing in JFT Strategies Fund Class A Units (JFS.UN) for this new little investment. And I may do so.