Welcoming a net worth of $346,786.01 in the first week of January 2023

While the TSX was closing this past Friday's session on a strong +300 points gain, I just couldn't miss the opportunity, I had to update my investment portfolio and so I did. I don't like to miss an opportunity to shine. I began the year 2023 with a total of $393,444.59 in assets and a $346,786.01 net worth. I had a similar net worth back on March 4, 2022. 

The year 2023 barely began, but I think I am on the right path to building up my $20,000 in savings by the end of April. I am doing the best I can to keep my spending as low as possible, without compromising too much. Here are what my numbers are looking like while living in New Brunswick:

Rent: $710
Cell phone: $29
Grocery: $200
Internet: $80
Extra: $500
Total: $1,519

For my "extra" spending, I tried to limit it to $400, but in times of inflation like these, it's quite difficult. It seems like I am always in need of something. Like right now, I am really in need of a haircut. At $200 per month, my spending on groceries is super low while living in New Brunswick and that's because I share the grocery bill with my old folks. I buy some extra things as groceries from time to time, and that goes into my "extra" spending.

When I am in Montreal, I spend more money. I can easily add an extra amount of $250 to $400 - and sometimes even more - in spending to that current $1,519 when I am in Montreal. It depends on which months. Sometimes, I can spend even less, but it's rare. That's the reason why I am really trying to reach my $20,000 in savings by the end of April because when I will be going back to Montreal this spring, I know I will be spending more. I am just trying to make things easier for myself.

My investment portfolio on date of January 6, 2023

Cold cash: $12,303.45

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)

Loblaw Companies (L)

Savaria Corporation (SIS)

WSP Global Inc. (WSP)

George Weston Limited (WN)

Power Corporation of Canada Subordinate Voting Shares (POW)

BCE Inc. (BCE)

Canadian Imperial Bank Of Commerce (CM)

Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A)

TOTAL: $143,507.63

Stocks and Units investment portfolio $US:

Berkshire Hathaway Inc. (BRK.B)

General Mills Inc. (GIS)

Vanguard Russell 1000 Growth Index Fund (VONG)

Pfizer Inc. (PFE) 

TOTAL: $5,466.88 US: $7,404.34 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)

Royal Bank of Canada (RY)

Park Lawn Corporation (PLC)

Toromont Industries Ltd (TIH)

BCE Inc. (BCE)

Boralex Inc. Class A Shares (BLX)

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)

Telus Corp (T)

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)

3iQ CoinShares Ether ETF (ETHQ)

Tilray Inc (TLRY)

North West Company Inc. (The) (NWC)

Bank of Nova Scotia (BNS)

National Bank of Canada (NA)

Stelco Holdings Inc. (STLC)

Hammond Manufacturing Company Limited Class A Subordinate Voting Shares (HMM.A)

Saputo Inc. (SAP)

Labrador Iron Ore Royalty Corporation (LIF)

Intertape Polymer Group Inc. (ITP)

Parex Resources Inc. (PXT)

Wescan Energy Corp. (WCE)

Verde Agritech Plc Ordinary Shares (NPK)

Wajax Corporation (WJX)

Whitecap Resources Inc. (WCP)

Goodfellow Inc. (GDL)

Algonquin Power & Utilities Corp. (AQN)

TOTAL: $122,733.92 

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)

AirBoss of America Corp. (BOS)

Suncor Energy Inc. (SU)

Pender Growth Fund Inc. (PTF)

Rogers Communications Inc. Class B Non-voting Shares (RCI.B)

ATS Automation Tooling Systems Inc. (ATA)

Algoma Central Corporation (ALC)

Finning International Inc. (FTT)

Guardian Capital Group Limited (GCG)

Information Services Corporation Class A Limited Voting Shares (ISV)

Interfor Corporation (IFP)

Maple Leaf Foods Inc. (MFI)

National Bank of Canada (NA)

Nutrien Ltd. (NTR)

Open Text Corporation (OTEX)

Taiga Building Products Ltd. (TBL)

Vitreous Glass Inc. (VCI)

Power Corporation of Canada Subordinate Voting Shares (POW)

North West Company Inc. (The) (NWC)

Whitecap Resources Inc. (WCP)

Parex Resources Inc. (PXT)

North West Company Inc. (The) (NWC)

Wajax Corporation (WJX)

Canadian Imperial Bank Of Commerce (CM)

Total: $63,088.99  

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,284.14

Others: $1,159.90

NBI Income Fund: $1 221,02

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: $7,997.57

Other various: $30,672.68

TOTAL: $107,424.30

Social Capital at Desjardins Membership share: $35

Online money: $35.95

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

TOTAL: $393,444.59

On the date January 6, 2023

My debt situation on date of January 6, 2023

Margin account debt: $46,658.58 @ 7.75%

Annual interest: $3,616.04

On the date January 6, 2023

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

Happy New Year 2023 Investors!

As an introduction to this new year, I posted an investment portfolio review - for what I hold essentially in stocks, and their individual growth ranking since their inspection in my portfolio. I don't know if I can say "since their inspection in my portfolio", but I guess you'll understand what I mean. Even the word "inspection" is quite something in itself for me. For the year 2022, my National Bank Direct Brokerage is giving me a +1.56% performance for all of my accounts combined together. If I take each account separately, here are my return for the year 2022:

US portfolio: +8.43%

RRSP portfolio: +4.26%

TFSA portfolio: +1.43%

Non-registered portfolio: -1%

Those are not extraordinary returns, but knowing that the TSX closed the year 2022 way behind the 20,000 points, I am not doing too bad. It could be worst, so I am just going to be satisfied with the overall +1.56% for now. For 2023, I am not expecting better results. I don't want to be a pessimist, but I prefer to keep my expectations low. However, I am in a very good place right now financially speaking. That's why I don't feel too bad about my tiny little return no matter what. 

Who says New Year says new TFSA contribution. For 2023, the limit is $6,500. I had this idea for a little while now, and that is to take the BCE shares that I hold inside my non-registered portfolio and have them switch over to my TFSA portfolio as a contribution in kind. I didn't proceed with that move yet because, in my non-registered portfolio, my BCE shares are worth around $3,000 

For my RRSP contribution, I prefer to make my contribution always at the end of the year for practical reasons. However, I do contribute to my RRSP all year long via my employer, but for extra contributions, I always prefer to wait until the end of the year. In case I lose my employment situation, I wouldn't like to have contributed a 1-2k to my RRSP at the beginning of the year because I wouldn't be able to access that money in case of need. That's why I always make an extra contribution to my RRSP only at the end of the year, or really early beginning of the year - but following what, I only contribute to my RRSP at the rear end of the year.

For the past decade, I had been very lucky in terms of employment. I think my job is safe for the upcoming year, but I am just an employee among others. Things can happen. That's why I always prefer to add extra money to my RRSP only at the year's end. I am quite satisfied with what I have as an investment portfolio. At the present time, I am not looking to make any new investments other than using the money collected from my dividend income.

An overview of my investment stock portfolios return since inception

Non-registered portfolio

Canadian National Railway Company (CNR): +304.14%
Loblaw Companies Limited (L): +227.86%
George Weston Limited (WN): +227.47%
TMX Group Limited (X): +222.54%
Methanex Corporation (MX): +217.78%
WSP Global Inc. (WSP): +206.64%
Fortis Inc. (FTS): +80.24%
Enbridge Inc. (ENB): +65.51%

Pembina Pipeline Corporation (PPL): +64.74%
Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM): +51.56%
Emera Incorporated (EMA): +43.47%
Savaria Corporation (SIS): +38.23%
K-Bro Linen Inc. (KBL): +34.15%
TC Energy Corporation (TRP): +32.73%
Power Corporation of Canada Subordinate Voting Shares (POW): +31.55%
iShares S&P/TSX Capped REIT Index ETF (XRE): +17.31%
Bank of Nova Scotia (The) (BNS): +6.26%
Brookfield Corporation Class A Limited Voting Shares (BN): -9.20%

BCE Inc. (BCE): -9.94%
Canadian Imperial Bank Of Commerce (CM): -20.53%
NFI Group Inc. (NFI): -25.82%
Total: $140,377.42, +62.52%

RRSP portfolio
Thomson Reuters Corporation (TRI): +193.73%
Brookfield Renewable Partners L.P. (BEP.UN): +136.80%
Richards Packaging Income Fund (RPI.UN): +109.60%
Toromont Industries Ltd. (TIH): +105.63%
Toronto-Dominion Bank (The) (TD): +94.57%
Park Lawn Corporation (PLC): +83.86%
Boralex Inc. Class A Shares (BLX): +74.08%
CGI Inc. Class A Subordinate Voting Shares (GIB.A): +71.34%
Savaria Corporation (SIS): +71.18%
Emera Incorporated (EMA): +62.92%
Royal Bank of Canada (RY): +61.49%
TELUS Corporation (T): +40.26%
Quebecor Inc. Class B Subordinate Voting Shares (QBR.B): +21.14%
Suncor Energy Inc. (SU): +18.17%
CAE Inc. (CAE): +16.59%
Nutrien Ltd. (NTR): +13.61%
Rogers Communications Inc. Class B Non-voting Shares (RCI.B): +11.45%
Taiga Building Products Ltd. (TBL): +11.11%
Leon's Furniture Limited (LNF): +7.61%
Algoma Central Corporation (ALC): +6.55%
JFT Strategies Fund (JFS.UN): +4.75%
Guardian Capital Group Limited (GCG): +1.97%
North West Company Inc. (The) (NWC): +1.24%
Finning International Inc. (FTT): -1.09%
Whitecap Resources Inc. (WCP): -2.36%
Information Services Corporation Class A Limited Voting Shares (ISV): -5.44%
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC): -6.26%
Canadian Imperial Bank Of Commerce (CM): -7.61%
National Bank of Canada (NA): -7.65%
Bank of Nova Scotia (The) (BNS): -14.13%
ATS Corporation (ATS): -15.84%
Maple Leaf Foods Inc. (MFI): -16.21%
Wajax Corporation (WJX): -17.31%
Vitreous Glass Inc. (VCI): -18.45%
Power Corporation of Canada Subordinate Voting Shares (POW): -19.12%
Parex Resources Inc. (PXT): -20.86%
Logistec Corporation Class B Subordinate Voting Shares (LGT.B): -25.11%
Open Text Corporation (OTEX): -30.88%
Interfor Corporation (IFP): -43.90%
Cascades Inc. (CAS): -48.95%
Wescan Energy Corp. (WCE): -54.17%
Ovintiv Inc. (OVV): -56.97%
Pender Growth Fund Inc. (PTF): -68.61%

AirBoss of America Corp. (BOS): -79.55%
Total: $61,675.05, +44.44%

US$ investment portfolio
Berkshire Hathaway Inc. (BRK.B): +113.70%
General Mills Inc. (GIS): +82.12%
Pfizer Inc. (PFE): +7.74%
Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC): -10.92%
Vanguard Russell 1000 Growth Index Fund (VONG): -22.67%
Total: $5,318.87 US, +89.80%

TFSA investment portfolio
TFI International Inc. (TFII): +250.50%
Brookfield Infrastructure Partners L.P. (BIP.UN): +178.66%
Brookfield Renewable Partners L.P. (BEP.UN): +172.81%
Exchange Income Corporation (EIF): +130.13%
WSP Global Inc. (WSP): +129.46%
Calian Group Ltd. (CGY): +118.16%
Canadian National Railway Company (CNR): +108.37%
Toromont Industries Ltd. (TIH): +107.76%
Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM): +81.28%
Boralex Inc. Class A Shares (BLX): +73.62%
Suncor Energy Inc. (SU): +68.31%
Park Lawn Corporation (PLC): +64.44%
CT Real Estate Investment Trust (CRT.UN): +63.02%
Northland Power Inc. (NPI): +61.79%
Nutrien Ltd. (NTR): +57.45%
Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC): +57.17%
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN): +56.28%
Toronto-Dominion Bank (The) (TD): +53.87%
Royal Bank of Canada (RY): +45.52%
Cargojet Inc. Common and Variable Voting Shares (CJT): +40.94%
Metro Inc. (MRU): +27.49%
Granite Real Estate Investment Trust (GRT.UN): +23.06%
TMX Group Limited (X): +22.11%
CGI Inc. Class A Subordinate Voting Shares (GIB.A): +19.45%

Canadian Utilities Limited Class A Non-Voting Shares (CU): +18.65%
Saputo Inc. (SAP): +17.28%
Goodfellow Inc. (GDL): +16.23%
SIR Royalty Income Fund (SRV.UN): +15.11%
Rogers Communications Inc. Class B Non-voting Shares (RCI.B): +13.87%
Whitecap Resources Inc. (WCP): +13.41%
Brookfield Corporation Class A Limited Voting Shares (BN): +10.53%

Hammond Manufacturing Company Limited Class A Subordinate Voting Shares (HMM.A): +7.85%
JFT Strategies Fund (JFS.UN): +5.64%
North West Company Inc. (The) (NWC): +3.41%
Stelco Holdings Inc. (STLC): +2.38%
TELUS Corporation (T): +1.46%
Canadian Imperial Bank Of Commerce (CM): -1.20%
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC): -2.28%
Enbridge Inc. (ENB): -3.34%
Boyd Group Services Inc. (BYD): -3.06%
Fortis Inc. (FTS): -6.77%
BCE Inc. (BCE): -8.22%
ATCO Ltd. Class II Shares (ACO.Y): -8.90%
National Bank of Canada (NA): -9.60%
Bank of Nova Scotia (The) (BNS): -13.94%
Power Corporation of Canada Subordinate Voting Shares (POW): -15.52%
Savaria Corporation (SIS): -17.23%
Wajax Corporation (WJX): -17.59%
Labrador Iron Ore Royalty Corporation (LIF): -22.25%
Parex Resources Inc. (PXT): -23.67%
Verde Agritech Ltd. Ordinary Shares (NPK): -37.74%
Wescan Energy Corp. (WCE): -53.52%
Andrew Peller Limited/Andrew Peller Limitee Class A Non-voting Shares (ADW.A): -53.35%
3iQ CoinShares Ether ETF (ETHQ): -64.26%
Purpose Bitcoin ETF (BTCC.B): -68.76%
Bitcoin Fund (The) (QBTC): -69.59%
Tilray Brands Inc. (TLRY): -81.08%
Data Communications Management Corp. (DCM): -99.27%
DNI Metals Inc. (DMNKF): -100.00%

Total: $119,404.06, +27.43%

OVERALL TOTAL: +45.07%

Closing the year 2022 with a net worth of $337,875.65

I hope that you all had a nice Christmas. It hasn't been an easy one for many, with power failures and many problems with train and plane transportation. Where I am located in New Brunswick, we didn't experiment with any of those. The only problem I had for a couple of days was a quick interruption of the Internet, only a couple seconds from time to time. Last week Friday, many of my co-workers suffer from power failure and were not able to work. I am just glad I didn't have to miss any days at work.

Today was the last trading day for 2022. I invested around a thousand in the JFT Strategies Fund (JFS.UN). I already had that investment inside my RRSP, so I just add to the number of shares I already had. I had updated my debt situation sheet, as well as my investment portfolio. I am closing the year 2022 with a margin debt of $46 726,64 @ 7.75% interest rate, which is super high, and a net worth of $337,875.65. I began the year 2022 with a net worth of $340,128.37 and I closed it while being in the $337,000. It's kind of a status quo that had led this year 2022 to basically nowhere but hey, don't be so quick to judge me.

After all, in 2022, my annual dividend income exceeded $12,000. I think I am in the $12,000 for good.

I am not closing the year 2022 on a super high note, but at least my net worth is within $330,000. I am actually really close to the $340,000. 2022 hasn't been an easy year, but I have to admit, I had everything for myself. I had worked full-time, being paid for many hours of overtime while working from home, in Montreal or somewhere in New Brunswick. For 2022, my work income before tax got super close to $70,000. In 2022, in April, I reached my highest net worth value ever: $361,442.422. 2022 had been a super volatile year and it had been hard to follow. Anyhow, since that I had reached - even for a short period - a net worth of $360,000, I know I can go back there again. It's just a matter of time.

The state of recession might need to be declared before I can get back to my highest value ever. Or not, I really don't know. It's been said that the year 2002 closed with no direction. It's not fun to be in a such stock market environment. It doesn't give me the vibes to buy or do anything, sincerely. But since today was the last trading day of 2022, I wanted to place at least one last investment for 2022. I decided to invest in some shared of JFT Strategies Fund (JFS.UN) for my RRSP portfolio. I still have a few hundred dollars left available in my RRSP portfolio to invest, as well as a few bucks in my TFSA for investment.

2023, here I come.