My debt situation on date of March 9, 2021

Margin account debt: $50,294.93 @ 4%

Annual interest: $2,011.80

On the date of March 9, 2021

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

Just boring stuff, just me building up my savings - hard to believe

Here in Montreal, we kind of got a feeling of spring because the sun was out, but it still cold. However, it was nice to have a sunny Sunday. It makes it easier to go outside for a walk. I am missing the gym more and more. It can be difficult for me to do my exercises inside my apartment. I can exercise in my apartment, but what I find difficult is doing absolutely everything in the small space of my apartment. Nice weather makes it easier to go through this pandemic.

The TSX closed this past Friday session in the 18,380 points, which is not too bad. Personally, whenever we closed a day in the 18,000 points, I am happy because I know my margin remains in the safe zone. This past week had been quite busy for me, so I just had a quick look at my stocks and the TSX. I am quite amazed, my non-registered portfolio closed this past Friday session on a super great $118,796.67, my US portfolio at $3,922.50 USD, my TFSA portfolio at $111,535.65 and my RRSP portfolio - stocks only - at $54,333.30. My margin debt is at $50,294.93. I estimate my net worth to be in the $276k.

This week, I got kind of hit by a feeling of emergency to do my tax declaration. I felt I was running late for that task. So at least I got that done. I just absolutely hate the whole process of doing my income tax, although I don't do it myself, getting my paper ready, covering up all of my account numbers, name of brokers, and others, including my SIN. I hope that you are doing all the name. Your accountant doesn't need to know the name of your broker or any of your account numbers or either way the name of the stocks you hold.

I might be in the 60k income range. I contribute an extra 1k to my RRSP, so I hope I won't have too much to pay back in taxes. I am not an RRSP fan. We shouldn't have to pay any penalties if we have to use that money before retiring. But now that I quite a good amount in my TFSA and my non-registered, it doesn't upset me that much to put a bit of money in my RRSP, especially since it can contribute to lower the taxes I have to pay.

This week, my only goal is to pay down a 1k on my margin debt and the rest will go into my savings. I had started to put a bit of money in several different savings account, with a different bank. Those are accounts that I wasn't using anymore, but I felt it was a good time to use them as a savings account. I like the idea to have a bit of money here and there with different banks. And that being just in case something happens, because of my margin debt, that being my number one reason. A second reason is that I like the idea to have money someplace else in case a problem occurs, fraud, or something happens that could eventually block my account in some way. I think that when you have a margin account like me or a big debt somewhere, it's quite important to have some savings standing in a different institution. If bad luck happens at the institution where you hold your debt in, that you have a margin call or let say you cannot pay your debt anymore, your account could easily get frozen, and you may not be able to access your savings if your cash is all concentrate in the same place. For the moment, I am not well advanced in the process, but at least I am starting to build something up.

I should be able to contribute to my savings this week and I also want to pay down a bit on my margin, so it can be standing at 49k instead of the current 50k. My recent investments in Bitcoin Fund The Class A units (QBTC) and Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) are down, but not by that much. At present, Bitcoins seem to be in a state of recovery. There might be a lot of ups and downs among the way, but eventually, Bitcoins are going to hit on the 100k and once it does, and probably only when it does, I will sell my QBTC and BTCC.B shares.

Thomson Reuters Corporation (TRI) announced an increase of it's dividend distribution - thank you TRI!

Got to take the good news whenever they show up! Dividend free cash? I like that!

Nothing is better then a stock market downturn to cry out shit off and put things together in a tied hole, to put everything in perspective. When the stock market pull back, I usually don't blog much. If the stock market say F U, and will have the exact same attitude and I prefer to stay away from my broker account and from my blog when things get too difficult. I hide in my hole. At a point, a stock correction is much needed to remember our humble human condition as an investor. Because at a point, I began to felt quite invincible.

My non-registered portfolio closed today session at $115,515.07, my TFSA portfolio at $112,657.95, and my RRSP portfolio at $54,736.84. I estimate my net worth to be in the $276,309, which is not bad at all. A stock that hold in both my TFSA portfolio and non-registered portfolio, WSP Global Inc. (WSP) made great gains today, closing at +8.15%. A stock that I hold in my RRRSP portfolio, CAE Inc. (CAE), decided to close today session on a wonderful +12.77%. Go go go!

Welcome in my TFSA portfolio Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B)!

Yesterday morning at BNN's The Open, Amber Kanwar said something like Bitcoin continues its momentum. Thank you Amber Kanwar for such a great revelation. It just helps to confirm my belief, now is the time to take advantage of Bitcoin. I am looking forward to selling my Bitcoin-related investments once Bitcoin hits on the $100,000 US. Once Bitcoin hit that magic number, I think that many investors might be tempted to sell their Bitcoins, which could result in a massive sell-off and following what, the value of Bitcoin could drop instantly. That's only my personal opinion on the topic. No one can know for sure what's going to happen next for Bitcoin, but one thing for sure, a little investment in Bitcoin-related products won't hurt anyone. My idea is to only invest an amount that I don't care too much about losing, in case of bad luck. Losing money is always bad, but losing a relatively small amount is not too bad.

At 8:30 pm yesterday, Bitcoin was trading at $70,782.34 CAN. It's quite a big non-sense to realize that one single Bitcoin worth $70,782.34 CAN! Right now, at exactly 11:06 pm Eastern Time, Bitcoin is trading at exactly $71,392.56. At this rhythm, Bitcoin is going to pop up the 100k in no time. Earlier this morning, I couldn't help it, I had to invest in Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) and so I did! I had updated my portfolio to reflect that new addition in my portfolio.

In my TFSA portfolio, I now have exposure to the wonderful world of crypto with both Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) and Bitcoin Fund The Class A units (QBTC). For the present time, I feel that my portfolio is pretty much complete. I don't plan to invest in anything new. And I don't want to increase my exposure to Bitcoin either way. This means that I am done and from now on - until I decided otherwise - I will concentrate on saving money and build up a bit more of my savings, which cannot hurt by any means.

At different hours of the day yesterday, February 19, I took note of the value of  Bitcoin Fund The Class A units (QBTC), Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B), and also of course Bitcoin. It gave me the following interesting chart:

I had been holding on to Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) for only one day, but I can tell you, from what I had collected today as data, that this Bitcoin ETF is less volatile than Bitcoin Fund The Class A units (QBTC). This is making me say that if you are sensible to the market volatility, you may prefer to invest in Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B). I think that BTCC.B may fit better those of you who are more into an investor vibe than a trader vibe.

On the other hand, extra volatility in its title is what is making Bitcoin Fund The Class A units (QBTC) so interesting. Personally, I invested in QBTC in the hope to make a big chunk of money quickly. However, you know that I am mostly a buy and hold type of investors. I usually invest for the long run and I don't have any interest at selling my baby stocks, unless I have to because x stock going bad, or if I it happen that I need money. Luckily, if never happen so far.

 My investment in Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) closed today session at +1.73%, and my investment in Bitcoin Fund The Class A units (QBTC) closed today session at +1.93%. My non-registered portfolio closed yesterday session at $113,766.65, my TFSA portfolio at $113,568.88, and my RRSP portfolio, stocks only, at $53,242.52.

On another note, I have to say that I did my best trying to control myself, but I can't no longer stand my hair. I am want an hair cut. I NEED AN HAIR CUT AND I NEED HIGHLIGHTS. I already took an appointment :-)

My debt situation on date of February 19, 2021

Margin account debt: $50,373.05 @ 4%

Annual interest: $2,014.92

On the date of February 19, 2021

**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 February 19, 2021

Cold cash: $5,041.16

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: $113,964.76

Stocks and Units investment portfolio $US:

Berkshire Hathaway Inc. (BRK.B)

General Mills Inc. (GIS)

Cash: $81.06

TOTAL: $3,821.94 US: $4,858.07 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)

Bitcoin Fund The Class A units (QBTC)

Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B)

Cash: $12.17
TOTAL: $113,846.22

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: $175.80

Total: $53,284.29

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3 337.53

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

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

NBI Income Fund: $1,389.67

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: $8,156.48

Other various: $21,178.43

TOTAL: $88,426.15

Social Capital at Desjardins Membership share: $35

Online money: $27.19

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

$326,198.55

On the date of February 19, 2021

Welcoming Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) in the TSX family

Today, Nutrien Ltd. (NTR) declared an increase in its dividend distribution. It's only a small increase, but I am willing to take whatever. I was hoping for a special dividend distribution coming from JFT Strategies Fund Class (JFS.UN), but CI First Asset is not exactly generous with their investors. Lesson learned: if you want to get dividends, only invest in high-quality dividend stocks. I had invested in JFT Strategies Fund Class A Units (JFS.UN) to bring diversification to my amazing portfolio. In terms of high-quality dividend stocks, I believe that I am pretty much pack with the best. However, it's good to keep an eye open, because you never just never know, the next best thing could present itself anytime. I am of extreme arrogance when it comes to my investment portfolio, but I know for sure that I don't know everything and that it's important to remain informed and aware of what is going on.

For example, today marks the first trading day of a highly interesting release over the TSX: Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B). Purpose Bitcoin ETF is the first Canadian ETF to be dedicated to the crypto world. BTCC.B trades in Canadian dollars, but if you prefer to trade in US dollars over the TSX, you can invest in the Purpose Bitcoin ETF USD ETF non-currency hedged units (BTCC.U). I prefer to invest in Canadian dollars over the TSX.

Today, BTCC.B gains +1.70%. It's going to be interesting to check on Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) tomorrow morning at the stock market opening. In comparison,  Bitcoin Fund The Class A units (QBTC) closed today's session at -6.013%. I am looking forward to checking on Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) tomorrow morning.

I have to say, I think I would like to invest in Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B). It's simply too tempting to resist.

Bitcoin Fund The Class A units (QBTC) is experiencing great gains

My non-registered portfolio closed today session $114,703.49, my TFSA portfolio at $114,020.99 and my RRSP portfolio, stocks only, at $53,538.48. With my latest contribution in kinds that I made in my TFSA portfolio, the value of my non-registered portfolio is quite similar to my TFSA. Currently, Bitcoins are trading on their highest value ever. These days, it seems like crypto pop up its highest value ever on and on and on. It's certainly exciting, but also super lucrative. My investment in Bitcoin Fund The Class A units (QBTC) is on a +9.44% gain.

This morning at BNN's The Open, a guest spoke about Bitcoins. It was quite interesting. I, unfortunately, didn't catch the name of the guest, but it's been said that Bitcoin is currently trading on its highest value ever. It's hard to figure out if Bitcoin will continue this way because we don't have enough data. Bitcoins' value is based on the demand. Currently, for Bitcoins to be in their highest value ever, you can imagine that many investors are currently buying Bitcoins. The value of Bitcoins could drop to as low to $100, without any warning. The reason behind this is that Bitcoins are not regulated, which we all already known, but still, it's good to keep things under perspective.

And it's the main reason why that I only invest an amount that I can afford to lose while investing in funds related to crypto, like Bitcoin Fund The Class A units (QBTC). For now, I feel comfortable holding QBTC in my TFSA.

Looking forward to make money with Bitcoin Fund The Class A units (QBTC) - and happy Valentine Investors!

Currently, at exactly 7:23 pm on this Sunday evening, Bitcoin is trading among its highest value: $61,833.81. Just a few hours, ago, Bitcoin was trading AT its highest value EVER: $62,015.523. I believe it's still a good time to show interest in Bitcoin. Currently, I have exposer to Bitcoins via the Bitcoin Fund The Class A units (QBTC) that I own inside my non-registered portfolio. I can't wait to see if I can finally reach someone at TD Direct Investing that will help me to proceed with my contribution in kind orders. I would like to see my investment in Bitcoin Fund The Class A units (QBTC) grow inside my TFSA.

It's being said that Bitcoin could reach the $100k value in just no time. It's the main reason why I want to move that investment inside my TFSA portfolio, so my gains will be tax-free once I decide it's the time to sell. It brings a bit of excitement. With crypto, it feels like money can be made simply while breathing. It's too easy money made out of the air, out of nowhere. Now is the perfect time to proceed with a contribution in kind.

Otherwise, I don't have any investments plan in mind. I had been doing a great job lately saving money. Stores are now open in Montreal, but I had been avoiding them. It's better for me. That way, I don't spend any of my valuable money, and I don't spend any of it on stuff that I don't need. Working from home has its advantage, but while spending most of my time at home, days are sometimes long. And it feels like I have a lot of time on my hands, but the activities are limited, let say.

Getting horrible customer service from TD Direct Investing. No wait, actually, getting NO customer service AT ALL from TD Direct Investing!!!

Before I start complaining, I would just like to say that I now have $5,041.16 in savings! I don't remember the last time I had that much in savings. I am looking forward to pushing that amount to $10,000. I should be able to do so quite easily. With the TSX hitting on a record high, it's not a good time to buy stocks anyway. Currently, my portfolio seems kind of complete and all done for me. Something else that is working in favor of me building up some savings is this current pandemic. I wouldn't like to sell any of my baby stocks in case I need money. Ideally, I would like to have a good $20,000 in savings.

This past Thursday and Friday, I spent several hours trying to reach TD Direct Investing, without success. I wanted to do a couple of contributions in kind from my non-registered portfolio to my TFSA portfolio. I think "regular" users can perform contribution in kind online, but for safety measures, a long time ago, I made it impossible for me to perform any kind of transfers to both my TFSA and RRSP portfolio. I did so because I am scared of myself - I could do a costly mistake and transfer money over my TFSA and RRSP by accident or something like it. But now, that block that I put in my broker account is costing me hours and hours of waiting on speakerphone, trying desperately to reach a customer rep at TD Direct Investing to perform my contribution in kind orders. But I guess am asking too much from TD Direct Investing.

Putting such a block in my broker account could seem as being a stupid move at first, but penalties can be huge if you exceed your contribution limit for the TFSA portfolio. And once you make a mistake, I don't think it can be corrected easily. I prefer to prevent any annoying situation that could occur. 

For 2021, I have over $24 000 in contribution room left for my TFSA portfolio! It's quite a shame, but I exposed that situation before. This past Thursday, I had it all figure out and I so wanted to make the plan roll on, but guess what, I couldn't get my amazing plan rolling because I couldn't reach anyone at TD Direct Investing, despite giving it several attempts. It went like this, I placed my call, and then it says something like we are experiencing a higher than usual volume of calls. After close to 2 hours of waiting on the speakerphone, I got the message: "We are experiencing technical difficulties, please try again later" and then, the line cut off on me! At a $9.99 commission fee, TD Direct Investing is certainly not cheap. At that price, I am expecting to receive excellent service, but I am currently not getting that with TD Direct Investing.

Here are the contribution in kind orders I had in mind for my fabulous portfolio:

Aphria Inc. (APH)

Telus Corp (T)  

Bitcoin Fund The Class A units (QBTC)

Both Aphria Inc. (APH) and Bitcoin Fund The Class A units (QBTC) don't have any margin loan value, so fact that I switch them both from my non-registered portfolio to my TFSA one is not hurting me in any way. Earlier this week, Aphria Inc. (APH) went through some massive volatility. Most of my Telus Corp (T) stocks are in my TFSA portfolio. The shares that I have of T in my non-registered portfolio result from a DRIP. 

I hope I will be able to reach someone at TD Direct Investing on Monday because I would like to proceed with those contributions in kinds.