Margin account debt: $47,911.65 @ 4%
Annual interest: $1,916.46
**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: $47,911.65 @ 4%
Annual interest: $1,916.46
**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.
Cold cash: $3,733.33
On the date of February 5, 2021
Cold cash: $3,733.33
On the date of February 4, 2021
This is what pure perfection look like. Don't be shy, you can certainly go take a look for yourself!
With a net worth at now $274,318.36, I am exceeding my highest value of back January by a cutie little $20.13. Still, it's quite great to be in the $274k net worth.
Hairdressing salons and stores, as well as museums are about to open in Montreal. My hair had grown a bit and for now it's tolerable. I am letting them grow for now. I had them quite short for the past I don't know exactly how many years now so I wouldn't mind a little change. It’s my way to help save up some money at the same time. Usually, I like to get a hair cut every 2-3 months. I don't plan to go shopping. As for museums, I find it quite dangerous to visit museums at this time, to be walking around close by you know who that may or may not have the COVID... No thank you. Here in Montreal, I am pretty sure I will get the COVID if I do indoor activities among other people, or if I am in a line up with other people...
I now have $3,733.33 in savings. It's slowly growing. I would like to have at least a good 5k in savings, and eventually, a good 10k would be more than welcome. This pandemic had been really great for my personal finances.
TFI International Inc. (TFII) is still going strong and trade in the $90 per stock. It seems to me like $90 per stock is the new normal for TFII stocks. The results on my TFSA portfolio are awesome. Aphria Inc. (APH) made interesting gains again today, +12.46%. A new comer over the TSX, TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT). TIXT gains +30.13% today. It's going to be interesting to watch TIXT at the opening tomorrow morning, to see if the title will lose a bit or what. Usually, big gains like that are followed by some losses. Sometimes, it’s OK to sit down and just watch the show before doing anything. The best thing while investing in stocks is that you can do as you wish, you are the boss. At the present time, TIXT doesn't seem to be paying any dividend. It will be interesting to see how this one do over the TSX for the next couple days.
At now $2,123.6782, Ethereum CAD (ETH-CAD) is trading in its highest value ever. Chances are that The Ether Fund Class A units (QETH.U) is going to open on a higher value tomorrow morning. I don't hold to any QETH.U units in my non-registered account, but I like watching.
Cold cash: $3,733.33
On the date of February 3, 2021
Margin account debt: $47,918.16 @ 4%
Annual interest: $1,916.73
**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.
The stock market is confusing as always, today's gain is not making much sense to me. Having a TSX getting closer and closer to the 18,000 points, after - for a short period of time - being in those exactly 18,000 points - is something strange to watch, but I am enjoying it anyway. The TSX closed today session at 17,874.49 points. In result my non-registered portfolio closed at $117,014.96, my TFSA portfolio at $107,398.38 and my RRSP portfolio - stocks only - at $55,122.25.
Some of my stocks registered really great gains today:
Aphria Inc. (APH): +17.58%
New Flyer Industries Inc. (NFI): +8.50%
CAE Inc. (CAE): +4.78%
With all of those great numbers, I estimate my net worth to be in the $274,343.61. I am exceeding a bit my highest net worth value EVER - which was of $274,298.23 on January 19 of this year, but I won't be publishing an update of my portfolio this evening.
I currently have over $650 in cash inside my TFSA portfolio. The Ether Fund Class A units (QETH.U) is no longer from my non-registered portfolio, I told the story of my recent QETH.U trade in this post. Today, The Ether Fund Class A units (QETH.U) registered great gains. I am thinking about investing that TFSA cash I currently have in QETH.UN, and just hold to it to play and see how much it can possibly grow.
It's been a crazy day this past Friday, but I manage to make the most of it! The TSX closed down at 17,227.02 points. This left me with a somewhat feeling of an ongoing market correction. It wasn't making any kind of sense to see the TSX hitting on the 18,000 points while we are dealing with a worldwide pandemic. The TSX could go lower. It won't be pleasant if it happens. This past Friday wasn't a good day for the TSX, but I was able to finally sell my The Ether Fund Class A units (QETH.UN). The morning before the opening of the market, Ethereum (ETH) was trading on a high value, which made it obvious that QETH.UN was going to open on a higher value for the opening. While trading QETH.UN, the opening is certainly the most important part of the day. I knew that it was going to be my day.
I was closely watching The Ether Fund Class A units (QETH.UN) when I notice that it hit on the $37 per unit, and so I quickly place my sell order. This time, the sell order took longer than usual to go through. Usually, when I place a buy or sell order, it goes through and the second after, the buy or sell order had been performed. On that Friday morning, my sell order for QETH.UN didn't happen as expected. My order took time before being performed. I was able to sell at the price I wanted, but I got lucky. After commission and margin fees, I manage to make a little profit of $115.04. This trading move had been less spectacular than the one I performed back earlier on January 4. On January 4, the profit made was more generous, $591.19.
I was happy anyway with this past Friday trade because I wanted to lower my margin debt, and also, I felt that the TSX was taking a more volatile turn. With the money coming from the sell of my The Ether Fund Class A units (QETH.UN), I had been able to pay down my margin, and also registered a small gain, which was all good. I am done trading QETH.UN. With my experiencing with The Ether Fund Class A units (QETH.UN), I can say that it's a fund that is actively traded over the TSX, that's why buy orders, as well as sell orders, are slow to be performed. Back on January 4, I didn't have any problem selling my QETH.UN units, but this past Friday, my sell order was slow to take form. It was so slow that I taught I may have pressed the wrong button or something... I made my little money, $706.23, and it's enough for me. I am done trading The Ether Fund Class A units (QETH.UN).
I find however the crypto world to be interesting. A few days ago, 3iQ Corp announced on their Web site that the Net Asset Value of The Bitcoin Fund (QBTC) was now at 1 billion. I had registered for their Webinar, which will happen on February 4, noon. I will be listening to 3iQ Webinar until 12:38, because at 12:40, on the same day, Derek Foster will be giving a MoneyShow conference. It's free to register.
Following the sell of The Ether Fund Class A units (QETH.UN), my non-registered portfolio closed this past Friday session at $113,716.87, my TFSA portfolio at $104,319.06, and my RRSP portfolio - stocks only - at $53,960.61. My margin debt is now at $47,929.51. I now have close to $650 in cash inside my TFSA portfolio. Currently, I estimate my net worth to be in the $268,000, which is not too bad.
I have to admit, it was quite impressive to watch TFI International Inc. (TFII) hitting on the $90 per share today! This is bringing on amazing value for my TFSA portfolio. TFI International Inc. (TFII) closed today session at $88.66 per share, +2.997%. In my TFSA portfolio, TFII is now at +129.15%. My TFSA portfolio closed on its highest value EVER: $107,058.42. My non-registered portfolio closed today session at $122,219.78, and my RRSP portfolio - stocks only - at $54,411.09.
Currently, my obsession is to sell at profit The Ether Fund Class A units (QETH.UN). Unfortunately, it didn't happen today. However, this little obsession is keeping me busy. I like to watch the relation existing between the value of the crypto Ethereum (ETH) and its dedicated fund, The Ether Fund Class A units (QETH.UN), trading over the TSX.
Once I will be selling my investment in The Ether Fund Class A units (QETH.UN), the value of my non-registered portfolio will still be still higher, but quite close to my TFSA portfolio.
Here are a few numbers to give you an overview of how went my trading day - with no sell yet, but it was a good day anyway:
12:13 pm:
Ethereum (ETH): $1,671.7273 CAN
The Ether Fund Class A units (QETH.UN): $33.93 (-5.64%)
12:41 pm:
Ethereum (ETH): $1,673.94 (-0.44%)
The Ether Fund Class A units (QETH.UN): $34.16 (-4.90%)
1:22 pm:
Ethereum (ETH): $1,691.2634 (+0.5891%)
The Ether Fund Class A units (QETH.UN): $34.86 (-2.951%)
2:13 pm:
Ethereum (ETH): $1,712.39 (+1.85%)
The Ether Fund Class A units (QETH.UN): $35.61 (-0.863%)
2:58 pm:
Ethereum (ETH): $1,700.6129 (+1.1451%)
The Ether Fund Class A units (QETH.UN): $35.37 (-1.53%)
3:47 pm:
Ethereum (ETH): $1,702.6218 (+1.2646%)
The Ether Fund Class A units (QETH.UN): $34.93 (-2.756%)
And finally, the closing...
4:02 pm:
Ethereum (ETH): $1,695.61 (+0.8862%)
The Ether Fund Class A units (QETH.UN): $35.08 (-2.339%)
Currently, at exactly 7:09 pm, Ethereum (ETH) trades at a good $1,719.74 CAN. We are hitting in the right direction. Right now, I hold The Ether Fund Class A units (QETH.UN) inside my non-registered portfolio. If QETH.UN continues to be weak, one option for me would be to proceed with a contribution in kind with my units and get them transferred inside my TFSA portfolio. Since I didn't contribute to my TFSA so far in 2021, that could be a good option. I am in no hurry to sell QETH.UN, as this little adventure in the word of trading is my little pandemic hobby.