Cold cash: $7,517.38
Stocks and Units investment portfolio $CAN
RSP investment portfolio:
CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,620.52
Others: $1,159.90
Because life is all about money and a bunch of other things
Cold cash: $7,517.38
Stocks and Units investment portfolio $CAN
Others: $1,159.90
Yesterday, I received a weird call on my old folk's mainline. An Indian guy was speaking and asked if I was the main user of the computer at home. At first, I was surprised. I finally reply with a: "no English" - the easiest way to get rid of marketing/spam calls - and was looking to hang up immediately after, but he just got the chance to reply with a: "I know you are speaking English, you just had spoken English to me". After that, I hang up. He called immediately after, and I simply hang up. After that, he stopped calling. Those types of calls are scammers and they can be really dangerous. Actually, I shouldn't have spoken at all, I should have only hung up.
I keep telling my old folks from time to time to never give any information over the phone, not to answer anything, and not to confirm any information. It's good to provide a reminder to senior citizens from time to time that those types of situations can happen because that way when such calls occur, they'll be more alert. It can be almost intimidating to received spam calls, especially if it's a human being that is doing the call and not a machine. I had received some scammer calls before, mostly recording messages, with all kinds of weird things that were just not making any sense at all, like the border agency is looking to arrest me or other hilarious shit. Oh, one time, I got a machine message saying that my social assurance number was going to expire... I taught: great, I no longer have to pay taxes LOL.
Yesterday, I took a couple of pictures at what can be named a local park I guess.
Best news ever: today, it's now the turn of TMX Group Inc. (X) to increase its dividend distribution!
This past Friday session, my non-registered portfolio closed the session at $138,768.41, my US portfolio at $4,835.15 US, my RRSP portfolio - stocks only - at $66,165.31, and my TFSA portfolio at $127 467,98. I estimate my net worth to be currently somewhere in the $338,000.
A few news comers that I welcomed in my RRSP portfolio not too long ago are doing-especially well:
Algoma Central Corporation (ALC): +0.76%
Finning International Inc. (FTT): +1.70%
Maple Leaf Foods Inc. (MFI): +4.66%
Nutrien Ltd. (NTR): +6.17%
I have great news regarding Algoma Central Corporation (ALC). In her "what to buy in February" most recent post, Susan Brunner announced that she added Algoma Central Corporation (ALC) to the list of stocks that she's following in the industrial sector. Personally, I have a preference for the industrial sector. It's the main reason why I was happy to add Finning International Inc. (FTT) to my RRSP investment portfolio.
As you can see below, Finning International Inc. (FTT) has quite a rocky overall chart:
While browsing over Stockopedia to find new stock ideas, I usually avoid stocks that show something similar to this, a rocky overall chart that goes up and down, up and down.
What I am actually looking for looks a bit like this:
This is actually JFT Strategies Fund Class A Units (JFS.UN) overall chart, which is very good. A chart tells about the nature of a stock. As a "retail" investor - I hate that expression of "retail investor" - I always try to invest in top-notch quality stocks. Sometimes, I am a bit more adventurous, I had invested in a pot stock - Tilray Inc (TLRY) - which happens to be quite disastrous, but I don't mind holding it. However, I learned my lesson, no more pot stocks for me. I also had been quite adventurous with my crypto investments:
Bitcoin Fund The Class A units (QBTC): -19,93%;
Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B): -26,24%
3iQ CoinShares Ether ETF (ETHQ): -15,40%
When I first invested in those funds, I had been lucky. At first, I had been able to place quick buy and sell moves at profit. It was exciting and fun. Unfortunately, at a certain point, I got stuck in the game. I was no longer able to sell at profit. I decided to simply hold until recovery. Both Bitcoin and Ethereum are super volatile, but at the same time, it's that exact volatility that makes it possible to make quick and easy money while trading crypto funds.
For the past couple of days, Bitcoin and Ethereum had both gained in value, which is encouraging. Sometimes, it takes a bit of time to get out of a hole, but I am confident I will be able to sell my units at profit one day or the other. I am not a super fan of Bitcoin, I only get it because it was way too attractive and I had been weak, but I really wanted to make some money out of some trades and it was fun for the time it lasted. When I first stepped into that fun game, I knew what crypto was super volatile, and it's for that reason that I suggested not to invest more than you could afford to lose in a previous post.
One thing is for sure, Bitcoin will never replace gold as a valuable investment.
It's a good thing that I had a good idea to updated my investment portfolio yesterday, because today, I wouldn't have hit the same good results. I am definitely no longer sitting on a $341,862.36 net worth. While dealing with those 21,094.01 points, my non-registered portfolio closed today session at $138,394.99, my US portfolio $4,855.01 US, my RRSP portfolio - stocks only - at $65,942.45, and my TFSA portfolio at $126,097.42.
Today wasn't really a good day for my numbers, but BCE Inc. (BCE) came with some good news that save the day. BCE Inc. (BCE) announced a dividend increase of 5.1 percent. From now on, BCE Inc. (BCE) will be paying a dividend distribution of $3.68 per share. With this increase, the dividend earns coming from my non-registered and TFSA portfolio had now reached an annual $8,796.14, which is the equivalent of a monthly $733.01. This is quite needed at this time because I just received a few days ago a notification of rent increase. Nothing too drastic, my rent had jumped from a monthly $700 to $710. Recently, I hear some horror stories about rent being increased sky rocking. If it would have to happen to me I would just leave Montreal and work from home in New Brunswick. However, I have to admit that I would be bored, staying in New Brunswick all year long.
I still have some cash left available inside my TFSA portfolio that is just waiting to invest. Following BCE Inc. (BCE) dividend increase, it would make a lot of sense to place a small investment in BCE. I already own BCE Inc. (BCE) inside my TFSA portfolio, so it will just add up my number of shares. Nothing much, but it would increase my dividend income to something like $736 per month. Anything that can increase my dividend income sound like a great plan thank you.
Yesterday, I was quite curious to find out about my net worth, so I updated my investment portfolio. For yesterday, my net worth closed the session at $340,128.37. It was a good result, but not enough unfortunately to beat my highest net worth ever, which I had reached just a few months ago, in November 2021, with a net worth of $340,312.77. Luckily enough, today my net worth closed the day on a pretty $341,862.36, making it to my highest net worth value of all time.
Earlier today, I placed a few phone calls and I got a few things done. I am sometimes a bit lazy at doing some tasks but I eventually get things done. I now can say that I had proceeded with my first contribution in kind from my non-registered portfolio to my TFSA portfolio with my new broker, National Bank Direct Brokerage. The two stocks that I selected from my non-registered portfolio are Saputo Inc. (SAP) and the National Bank of Canada (NA). This is my first TFSA contribution for the year 2022 and it was about time. Also with National Bank Direct Brokerage, I proceed with the registration of my DRIP for the stocks eligible, which I haven't proceeded since I had made the switch from TD Direct to National Bank Direct Brokerage. At TD, the DRIP can be registered automatically inside your accounts, all the stocks eligible will be automatically set for a DRIP. This is kind of a terribly annoying task for National Bank Direct Brokerage's broker because they need to activate the DRIP stock per stock. At National Bank Direct Brokerage, the DRIP is being set per stock, and not per accounts like at TD Direct.
One last thing I have done with National Bank Direct Brokerage today was to verify the status of the dividend distribution that I was expected coming from JFT Strategies Fund Class A Units (JFS.UN). Back in January 2022, I understood that I was supposed to receive a dividend for the shares I own of JFT Strategies Fund Class A Units (JFS.UN) inside my TFSA and RRSP portfolios. I am going to receive something, but not in terms of dividends. The broker at National Bank Direct Brokerage explains to me that the amount of $1.966989 per share will be added to the JFS.UN unit value sometime during the month of April. I was surprised by this because when you read the press release, it is said that: "The Reinvested Distributions will be paid on or before January 14, 2022". We are not talking here about the month of April at all. Maybe it's National Bank Direct Brokerage who doesn't know what they are dealing with and obviously don't know how to read.
I certainly do not trust a broker who doesn't provide the value of my portfolio in real-time. I certainly like and adore National Bank Direct Brokerage's $0 commission fee for selling and buying stocks, but for me, getting my numbers in real-time is not a luxury, it's what a broker is all about. In that matter, National Bank Direct Brokerage fail at giving me satisfaction.
I am currently on top of my game, but no matter how well I am doing - even if my first $350,000 net worth is really just around the corner - my National Bank Direct Brokerage is falling at giving me satisfaction. For example, as soon as the TSX opens, at 9:30 am, it's impossible for me to view the value of my portfolio in real-time - I have to wait for 15 long minutes after the TSX actually opened before seeing my first results for the day. This is extremely annoying for me. I am deprived of the pleasure of self-satisfaction in real-time, but on the other hand, I am enjoying a $0 commission fee situation and I can buy-buy-buy and sell-sell-sell without being able to evaluate and enjoy my portfolio value in real-time.
It's more than an adjustment, it's a misery. No matter what, I am sitting proudly on my $341,862.36 pot of gold.
But not in real-time.
2022
2021
On the date of December 5, 2009, I had exceeded the $60 000 in assets! (not in net worth yet).
Cold cash: $7,655.96
Stocks and Units investment portfolio $CAN
Others: $1,159.90
2022
Total in assets: $386,320.32/Net worth: $340,128.37: February 1st, 2022
2021
On the date of December 5, 2009, I had exceeded the $60 000 in assets! (not in net worth yet).
Cold cash: $7,655.96
Stocks and Units investment portfolio $CAN
Others: $1,159.90
Margin account debt: $46,191.95 @ 3.75%
Annual interest: $1,732.20
On the date February 1st, 2022
**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.