Cold cash: $6,216.38
RSP investment portfolio:
CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,409.98
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
As soon as the market close today, I quickly updated my portfolio because with a beautiful TSX closing at 19,321.92 points, I knew I was up for some hot stuff. And so I did! My net worth is now at $296,307.38. I am now really close to the so wanted $300,000. The idea to reach that amount before my 41 birthday is making me feel quite happy. It's just strange that all this is happening while we are still stuck in a pandemic. All of my fantastic results are kind of not making any sense at all! However, I won't complain more than that.
For this year, I think we are in for even more gains on the stock market. It's been said that in the US, they begin to go see somewhat of a financial rebound. Here in Canada, I don't really know, since we are still so badly hit with COVID, not even half of the population got vaccinated yet. The whole vaccination process is simply taking way too long and it will eventually slow down our economic recovery. But fact that the US is on the good track is a good factor for us.
I am still closely watching my two Bitcoin funds: Bitcoin Fund The Class A units (QBTC) and Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B). Currently, if I would be selling those two investments right now, I would be collecting $613 in profit. Nice amount, but I do not need money and I am willing to wait for even more before selling those two investments.
I don't have new investment plans in mind, I am just trying to control my expenses and save more money.
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