Cold cash: $6,216.38
RSP investment portfolio:
CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,387.50
Energy and Base Metals Term Savings (Indexed term savings): $577.30
Because life is all about money and a bunch of other things
Cold cash: $6,216.38
Energy and Base Metals Term Savings (Indexed term savings): $577.30
Margin account debt: $49,387.89 @ 4%
Annual interest: $1,975.52
On the date of April 15, 2021
**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.
I think I may have reached $295,000 in net worth, and that being despite the gap created by Aphria Inc. (APHA) who decided to go down by -14.19%. Currently, inside my TFSA portfolio, my investment in Aphria Inc. is down to -18.93%. Today, my non-registered portfolio closed the session at $122,434.61, my US portfolio at $4,176.66 US, my TFSA portfolio at $116,805.36 and my RRSP portfolio - stocks only - at $57,711.73. I am probably in the $295k, but I am just not in the idea of updated my portfolio right now.
Also in my TFSA portfolio, my dividend income generated $418.07 in cash. My investment in Bitcoin Fund The Class A units (QBTC) gains +20.85% and my investment in Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) gains +8.86%. If I would be selling now those two investments, I would be caching in a profit of $416.53, after commissions, free of tax. Nice, but I am willing to hold on to those two Bitcoin investments for now.
Between Bitcoin Fund The Class A units (QBTC) and Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B), QBTC is by far better investment than BTCC.B. The Bitcoin Fund The Class A units (QBTC) is more volatile than BTCC.B, but this only works in its favor. However, I like to have something less volatile, like BTCC.B. My little favorite, Bitcoin Fund The Class A units (QBTC), is a 3iQ Corp's fund. Recently, 3iQ Corp announced the release of a new fund, 3iQ CoinShares Bitcoin ETF. I don't exactly understand the mix between 3iQ Corp, Bitcoin and CoinShares International Ltd. The 3iQ CoinShares Bitcoin ETF is not yet trading over the TSX. It will be interesting to see how this now fund turn out to be.
Cold cash: $6,216.38
Margin account debt: $49,590.75 @ 4%
Annual interest: $1,983.63
On the date of April 9, 2021
**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.
Cold cash: $4,777.68
Ok, so now, this investment thing is getting really exciting! I am now only missing $6,745.78 before hitting my first $300,000. I just had no other choice than to update my portfolio today because, on this Easter Monday, the TSX decided to close, for the first time, in the 19,000 points! The TSX closed this Monday at 19,026.79 points. I am waiting for a big paycheck this upcoming Friday. I may be able to hit on the $295,000 net worth at that time if the TSX remains in good shape. So far so good.
This morning, I was listening to BNN's The Open. Jon Erlichman took his day off and Amber Kanwar was stealing the show with a pretty pink blouse. Straight at the market opening, the TSX took everyone by storm, getting in the 19,000 point vibes. It was quite something to watch the beloved TSX hitting on the 19,000 points direct on TV. It seems like Jon Erlichman missed a historic event. While revealing that the beautiful TSX was hitting on the 19,000 points, Amber Kanwar explains to the viewers that the European markets were closed, but no matter what, and please let me quote her because it was just too much of a powerful statement: "A HIGH IS A HIGH". That's how Amber Kanwar said it and she's exactly right. No matter what shit is going on, a high is a high, period. End of the discussion.
I will try to remember that on this historic day, my net worth had made it to the $293,254.22.
Cold cash: $4,777.68