The Dividend Girl

Thursday, October 17, 2024

My investment portfolio on date of October 17, 2024

Cold cash: $825.02

Stocks and Units investment portfolio $CAN

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)

South Bow Corporation (SOBO)

Canadian National Railway Co (CNR)

Enbridge Inc. (ENB)

Loblaw Companies (L)

Savaria Corporation (SIS)

WSP Global Inc. (WSP)

George Weston Limited (WN)

Power Corporation of Canada Subordinate Voting Shares (POW)

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

Toronto-Dominion Bank (TD)

Canadian Imperial Bank Of Commerce (CM)

Royal Bank of Canada (RY)

Alaris Equity Partners Income Trust (AD.UN)

Ag Growth International Inc. (AFN)

BCE Inc. (BCE)

National Bank of Canada (NA)

Telus Corp (T)

TOTAL: $158,603.78

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)

CSX Corporation (CSX)

Brookfield Infrastructure Corporation (BIPC)

TOTAL: $6,296.99 US: $8,682.92 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)

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)

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)

Pembina Pipeline Corporation (PPL)

TransCanada Corp (TRP)

A&W Revenue Royalties Income Fund (AW.UN)

Total Energy Services Inc. (TOT)

Empire Company Limited Non-Voting Class A Shares (EMP.A)

Power Corporation of Canada Subordinate Voting Shares (POW)

Alaris Equity Partners Income Trust (AD.UN)

Westshore Terminals Investment Corporation (WTE)

Finning International Inc. (FTT)

Element Fleet Management Corp. (EFN)

Ninepoint Energy Income Fund ETF (NRGI)

Chemtrade Logistics Income Fund (CHE.UN)

Hamilton Enhanced U.S. Covered Call ETF (HYLD)

Bank of Nova Scotia (BNS)

Emera Inc. (EMA)

TOTAL: $154,524.11

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)

Wajax Corporation (WJX)

Canadian Imperial Bank Of Commerce (CM)

Hamilton Enhanced U.S. Covered Call ETF (HYLD)

TMX Group Limited (X)

iA Financial Corporation Inc. (IAG)

Ninepoint Energy Income Fund ETF (NRGI)

Ivanhoe Mines Ltd. (IVN)

ARC Resources Ltd. (ARX)

Sprott Physical Gold Trust (PHYS)

Total: $74,425.28

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,959.45

Others: $1,159.90

NBI Income Fund: $1,329.98

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: $10,106.09

Other various: $52,922.67

TOTAL: $143,903.37

Social Capital at Desjardins Membership share: $35

Online money: $91

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

TOTAL: $466,665.20

On date of October 17, 2024

Wednesday, October 16, 2024

How I’m Tackling My “Troublemaker” Investments - Part 2

You can read Part 1 of this post right here.

The TSX closed yesterday's session down -0.13% at 24,439.08. To my surprise, my stock portfolio gained over $2,000! I wasn’t expecting that. Today, the TSX closed in green territory at 24,561.20 points, up +122.12 (+0.50%). While keeping an eye on this, I had no choice but to update my investment portfolio, and when I did, I found out my net worth is now proudly standing at $460,391.55.

I personally update my portfolio whenever it registers gains. You just never know what tomorrow will bring, which is why I like to keep track of what’s going on. If a market correction happens and I lose a few thousand, I’ll know that I can recover to the $460,000 net worth because I’ve been there before. Once you’ve reached a certain amount, it's possible to get back there even after a downturn. Over the years, I’ve experienced multiple stock market corrections. It's never easy, but with time, you get used to it. It's during these tough times that it's actually the best time to invest your money.

My non-registered portfolio closed the session at $157,067.82, my TFSA portfolio at $152,710.73, my US portfolio at $6,297.03 USD, and my RRSP stocks-only portfolio at $73,839.60. I still have over $5k sitting in cash in my RRSP portfolio, waiting to be reinvested. I’m holding off for the next stock market correction before making my move. That money came from the exit of Park Lawn Corporation (PLC) from the TSX. The company no longer trades on the TSX as it became private. I benefited from that exit, but now I’m left with a lovely problem: I haven’t figured out yet what to invest in next. I definitely want to invest for the long term.

The stock market is a strange place. It’s not for everyone. Over time, I’ve realized that the best investors are often those who don’t overthink things. Personally, I started investing in stocks because I knew it was my only chance to "make it," if I may say so. I don’t earn a high salary—I’m not even at $30 per hour—so that gives you an idea of the income I deal with. The proportion of my earnings that I can actually invest is quite low. Because of this, I knew from the start that my only way to financial growth was through the TSX. It’s worked out pretty well so far. Along the way, some investments performed better than others. The stocks that have been more difficult and haven’t worked in my favor are what I call the "troublemakers" on my blog.

Previously, we discussed Toronto-Dominion Bank (TD), which is facing a multibillion-dollar fine in the US for money laundering. I would really like to know what exactly happened. We haven’t received many details on the case, but I’m curious. I hold TD stock in all my portfolios: non-registered, TFSA, and RRSP. It’s tough to predict the long-term effects of this debacle for TD investors. I’ve read that this will likely not impact TD’s ability to pay its quarterly dividend of 5.20%. Yesterday, TD seemed stable on the TSX, but it closed the day at $77.68, down -1.02%. If you’re a contrarian investor, you might see this as a buying opportunity. However, I’m not sure if TD’s stock has hit rock bottom yet. Can it go lower than $77.68 per share? It might.

Today at Market Call, for October 16, I asked Amber Kanwar the following question:

My question actually appeared on today’s episode of Market Call at BNN Bloomberg! Chris Blumas, a portfolio manager at Raymond James Investment Counsel, answered my query. You can watch today’s Market Call show right here. Not only is Amber Kanwar a fantastic host, but her hair is absolutely stunning—like a Disney princess!

It was quite insightful to hear Blumas' views on my question. I’ve thought about partially selling my TD Bank shares, but honestly, it’s a tough decision for me. I tend to get sentimental about my long-term holdings, and TD has been a core part of my investment portfolio for years. As a small investor, the situation with TD's several billion-dollar fine in the U.S. for money laundering is mind-blowing. Whenever there’s a stock market correction or one of my stocks faces challenges, my obsession is trying to figure out if we’ve hit rock bottom. Of course, there’s no way to know for sure, but I’m always keen to find out!

According to Chris Blumas, when it comes to the U.S. banking sector, all banks are involved in some form of money laundering; there are no banks that are entirely clean in this regard. TD Bank’s issues in the U.S. aren't new, and the stock has been on a decline for a while now. This suggests, as Blumas pointed out, that TD stock may have already reached its rock bottom—at least that’s how I interpret it.

I’ll be working on a Part 3 of my series, "How I’m Tackling My ‘Troublemaker’ Investments," as we haven’t yet discussed my TFSA portfolio.

Historic of my Total assets and Net worth values on date of October 16, 2024

2024

Total in assets: $465,108.53/Net worth: $460,391.55: October 16, 2024 - Highest net worth ever!!!! First time I am in the 460k!

Total in assets: $461,695.76/Net worth: $456,916.94: October 11, 2024

Total in assets: $456,672.76/Net worth: $451,890.80: October 4, 2024 - First time I ever hit on the 450k!

Total in assets: $452,186.49/Net worth: $447,251.10: September 26, 2024

Total in assets: $450,780.69/Net worth: $447,210.34: September 13, 2024

Total in assets: $447,942.71/Net worth: $444,372.36: September 12, 2024 - First time I ever hit on the 444k

Total in assets: $443,006.26/Net worth: $439,463.77: September 9, 2024

Total in assets: $440,323.44/Net worth: $435,834.87: August 23, 2024

Total in assets: $438,570.89/Net worth: $432,208.43: July 31, 2024 - first time I ever reached 430k.

Total in assets: $434,175.23/Net worth: $427,812.77: July 22, 2024

Total in assets: $419,382.05/Net worth: $413,741.80: May 10, 2024

Total in assets: $415,656.63/Net worth: $407,032.02: March 28, 2024

Total in assets: $410,830.45/Net worth: $403,444.26: March 8, 2024

Total in assets: $409,656.30/Net worth: $402,219.07: March 7, 2024 - first time I ever reached 400k net worth!

Total in assets: $407,214.02/Net worth: $399,776.79: March 6, 2024

Total in assets: $406,530.78/Net worth: $399,043.10: March 1, 2024

Total in assets: $404,868.06/Net worth: $393,617.74: February 17, 2024 - first time I ever hit 393k!

Total in assets: $404,016.51/Net worth: $392,766.19: February 15, 2024 - first time I ever hit 392k!

Total in assets: $401,516.67/Net worth: $390,264.22: February 12, 2024 - first time I ever hit 390k!

Total in assets: $401,713.44/Net worth: $389,317.63: January 29, 2024 - first time I ever hit 389k!

Total in assets: $400,412.81/Net worth: $388,017: January 28, 2024 - first time I ever hit 388k!

Total in assets: $399,833.32/Net worth: $387,437.51: January 25, 2024 - first time I ever hit 387k!

Total in assets: $396,039.93/Net worth: $382,559.57: January 8, 2024 - first time I ever hit 382k!
Total in assets: $393,167.74/Net worth: $379,670.38: January 5, 2024

2023

Total in assets: $406,622.25/Net worth: $380,929.15: December 29, 2023

Total in assets: $408,307.33/Net worth: $380,099.13: December 27, 2023

Total in assets: $406,167.92/Net worth: $380,273.66: December 14, 2023

Total in assets: $402,432.82/Net worth: $376,538.56: December 13, 2023

Total in assets: $397,453.80/Net worth: $371,540.77: December 8, 2023

Total in assets: $395,604.93/Net worth: $368,453.87: December 1, 2023

Total in assets: $390,070.59/Net worth: $362,630.53: November 17, 2023
Total in assets: $381,814.54/Net worth: $354,269.04: November 3, 2023
Total in assets: $373,267.72/Net worth: $345,282.56: October 6, 2023

Total in assets: $393,849.39/Net worth: $367,685.60: August 11, 2023

Total in assets: $397,595.65/Net worth: $361,500.59: July 18, 2023

Total in assets: $416,472.91/Net worth: $370,235.74: May 6, 2023

Total in assets: $419,167.77/Net worth: $373,150.19: April 21, 2023 - first time I ever hit the 373k!

Total in assets: $416,945.17/Net worth: $370,829.18: April 13, 2023 - first time I am in the 370k!

Total in assets: $415,945.38/Net worth: $369,820.54: April 11, 2023

Total in assets: $413,311.52/Net worth: $366,524.01: February 13, 2023

Total in assets: $411,186.99/Net worth: $364,399.48: February 10, 2023

Total in assets: $408,656.95/Net worth: $361,844.12: February 7, 2023

Total in assets: $407,606.87/Net worth: $361,043.28: January 17, 2023

Total in assets: $405,708.89/Net worth: $359,060.31: January 16, 2023

Total in assets: $404,983.22/Net worth: $358,324.64: January 13, 2023

Total in assets: $403,429.72/Net worth: $356,771.14: January 12, 2023

Total in assets: $399,232.95/Net worth: $352,574.37: January 11, 2023

Total in assets: $396,629.76/Net worth $349,971.18: January 10, 2023

Total in assets: $395,568.27/Net worth $348,909.69: January 9, 2023
Total in assets: $393,444.59/Net worth $346,786.01: January 6, 2023

2022

Total in assets: $384,602.29/Net worth $337,875.65: December 30, 2022

Total in assets: $394,205.35/Net worth $347,621.02: November 25, 2022

Total in assets: $383,659.43/Net worth $337,227.95: November 11, 2022

Total in assets: $373,493.10/Net worth $327,061.62: November 4, 2022

Total in assets: $356,147.14/Net worth $309,920.82: October 11, 2022

Total in assets: $396,620.95/Net worth $350,590.82: August 14, 2022

Total in assets: $369,523.83/Net worth $323,815.43: June 24, 2022

Total in assets: $367,287.71/Net worth $321,579.31: June 20, 2022

Total in assets: $364,145.55/Net worth $318,437.15: June 18, 2022

Total in assets: $398,010.84/Net worth $352,164.94: June 2, 2022

Total in assets: $385,843.39/Net worth May 20, 2022: $340,156.47

Total in assets: $407,547.23/Net worth $361,442.42: April 20, 2022

Total in assets: $405,658.35/Net worth $358,941.11: March 29, 2022

Total in assets: $403,792.28/Net worth $357,075.04: March 25, 2022

Total in assets: $402,081.01/Net worth $355,363.77: March 22, 2022

Total in assets: $400,979.64/Net worth $354,262.40: March 21, 2022 - First time I ever hit on the $400,000 in total assets!

Total in assets: $398,652.13/Net worth $352,071.24: March 18, 2022 - First time I ever hit on the $350,000 in net worth value!

Total in assets: $396,355.91/Net worth $349,713.01: March 10, 2022

Total in assets: $393,037.13/Net worth: $347,573.53: March 4, 2022

Total in assets: $391,766.36/Net worth: $345,622.80: February 9, 2022

Total in assets: $382,726.19/Net worth: $341,862.36: February 2, 2022

Total in assets: $386,320.32/Net worth: $340,128.37: February 1st, 2022

2021

Total in assets: $385,979.66/Net worth: $339,434.39: December 31, 2021

Total in assets: $382,726.19/Net worth: $336,268.16: December 23, 2021

Total in assets: $388,421.37/Net worth: $340,312.77 - FIRST TIME I EVER REACHED A $340,000 NET WORTH!
November 8, 2021

Total in assets: $387,068.51/Net worth: $338,959.91: November 5, 2021

Total in assets: $384,785.92/Net worth: $336,781.52: October 20, 2021

Total in assets: $382,580.80/Net worth: $334,576.40: October 19, 2021

Total in assets: $379,263.95/Net worth: $330,680.17: October 14, 2021

Total in assets: $364,072.52/Net worth: $315,407.64: July 26, 2021
Total in assets: $358,867.59/Net worth: $311,858.22: June 15, 2021
Total in assets: $354,774.64/Net worth: $307,559.30: June 10, 2021
Total in assets: $348,042.77/Net worth: $300,799.45 - FIRST TIME I EVER REACHED 300k in net worth, on May 26, 2021
Total in assets: $346,583.88/Net worth: $298,486.93: May 20, 2021
Total in assets: $349,651.45/Net worth: $298,435.31: May 7, 2021
Total in assets: $347,002.53/Net worth: $297,614.64: April 16, 2021
Total in assets: $338,188.16/Net worth: $287,914.75: March 11, 2021
Total in assets: $333,970.92/Net worth: $283,675.99: March 9, 2021
Total in assets: $328,881.12/Net worth: $279,611.57: February 10, 2021
Total in assets: $326,670.02/Net worth: $278,758.37: February 8, 2021
Total in assets: $324,891.52/Net worth: $276,979.87: February 4, 2021
Total in assets: $322,236.52/Net worth: $274,318.36: February 3, 2021
Total in assets: $327,639.01/Net worth: $274,298.23: January 19, 2021
Total in assets: $316,192.85/Net worth: $268,180.14: January 7, 2021
Total in assets: $313,003.95/Net worth: $264,915.22: January 6, 2021
Total in assets: $310,587.36/Net worth: $262,498.63: January 5, 2021

2020
Total in assets: $310,392.38/Net worth: $259,661.24: December 31, 2020
Total in assets: $307,812.05/Net worth: $259,070.79: December 24, 2020
Total in assets: $306,444.25/Net worth: $258,948.73: December 4, 2020
Total in assets: $304,701.39/Net worth: $257,331.58: November 27, 2020
Total in assets: $300,956.84/Net worth: $253,587.03: November 24, 2020
Total in assets: $298,903.01/Net worth: $251,533.20: November 23, 2020
Total in assets: $296,643.60/Net worth: $249,158.71: November 20, 2020
Total in assets: $294,514.87/Net worth: $247,145.87: November 11, 2020
Total in assets: $291,172.40/Net worth: $243,802.59: November 10, 2020
Total in assets: $287 803.13/Net worth: $240 433.32: November 9, 2020
Total in assets: $277,872.92/Net worth: $226,678.26: August 5, 2020
Total in assets: $276,627.27/Net worth: $227,745.47: June 6, 2020
Total in assets: $263,304.63/Net worth: $211,395.63: April 29, 2020
Total in assets: $241 461,13/Net worth: $194 558,29: March 13, 2020
Total in assets: $282,640.61/Net worth: $235,284.72: February 21, 2020
Total in assets: $304,955.72/Net worth: $257,187.44: February 12, 2020
Total in assets: $296,200.07/Net worth: $250,595: January 16, 2020
Total in assets: $292,715.58/Net worth: $244,970.41: January 9, 2020

2019
Total in assets: $288,237.52/Net worth: $239,582.44: December 31, 2019
Total in assets: $278,823.27/Net worth: $230,902.04: September 17, 2019
Total in assets: $271,896.19/Net worth: 226,137.05: June 24, 2019
Total in assets: $269 950.21/Net worth: $222 942.87: April 5, 2019
Total in assets: $251 634.94/Net worth: $206 278.84: January 18, 2019
Total in assets: $238 656.07/Net worth: $191 009.83: January 4, 2019

2018
Total in assets: $270 679.86/Net worth: $204 306.57: November 16, 2018
Total in assets: $332 750.88/Net worth: $232 609.15: August 3, 2018
Total in assets: $331 413.83/Net worth: $232 280.40: June 20, 2018
Total in assets: $326 085.75/Net worth: $226 801.92: June 3, 2018
Total in assets: $322 479.23/Net worth: $222 850.15: May 4, 2018
Total in assets: $319 644.86/Net worth: $217 246.23: March 16, 2018

2017
Total in assets: $318 544.64/Net worth: $221 989.65: December 29, 2017
Net worth on the date of November 17, 2017: $211 430.89
Net worth on the date of October 27, 2017: $212 633.39
Net worth on the date of September 29, 2017: $206 352.49
Net worth on the date of April 24, 2017: $204 277.66
Net worth on the date of March 31, 2017: $200 325.69
Net worth on the date of March 29, 2017: $198 299.73
Net worth on the date of March 18, 2017: $193 969.21

2016
Net worth on the date of December 30, 2016: $184 074.35

Net worth after debt on the date of January 1, 2014:
$101 172.99 (yes, finally, IN NET WORTH!).

On the date of February 16, 2011, the TMX hit 14 000+ points, and I exceeded the 150k in assets! (Not net worth yet).

On September 9, 2010, I reached $100,000 in assets! (not in net worth yet).

On the date of August 5, 2009, I reached my investment goal: I reached $50 000 worth of assets! (NOW, net worth).

On the date of December 5, 2009, I had exceeded $60 000 in assets! (not in net worth yet).

My investment portfolio on date of October 16, 2024

Cold cash: $825.02

Stocks and Units investment portfolio $CAN

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)

South Bow Corporation (SOBO)

Canadian National Railway Co (CNR)

Enbridge Inc. (ENB)

Loblaw Companies (L)

Savaria Corporation (SIS)

WSP Global Inc. (WSP)

George Weston Limited (WN)

Power Corporation of Canada Subordinate Voting Shares (POW)

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

Toronto-Dominion Bank (TD)

Canadian Imperial Bank Of Commerce (CM)

Royal Bank of Canada (RY)

Alaris Equity Partners Income Trust (AD.UN)

Ag Growth International Inc. (AFN)

BCE Inc. (BCE)

National Bank of Canada (NA)

Telus Corp (T)

TOTAL: $157,935.74

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)

CSX Corporation (CSX)

Brookfield Infrastructure Corporation (BIPC)

TOTAL: $6,315.07 US: $8,696.48 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)

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)

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)

Pembina Pipeline Corporation (PPL)

TransCanada Corp (TRP)

A&W Revenue Royalties Income Fund (AW.UN)

Total Energy Services Inc. (TOT)

Empire Company Limited Non-Voting Class A Shares (EMP.A)

Power Corporation of Canada Subordinate Voting Shares (POW)

Alaris Equity Partners Income Trust (AD.UN)

Westshore Terminals Investment Corporation (WTE)

Finning International Inc. (FTT)

Element Fleet Management Corp. (EFN)

Ninepoint Energy Income Fund ETF (NRGI)

Chemtrade Logistics Income Fund (CHE.UN)

Hamilton Enhanced U.S. Covered Call ETF (HYLD)

Bank of Nova Scotia (BNS)

Emera Inc. (EMA)

TOTAL: $154,151.70

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)

Wajax Corporation (WJX)

Canadian Imperial Bank Of Commerce (CM)

Hamilton Enhanced U.S. Covered Call ETF (HYLD)

TMX Group Limited (X)

iA Financial Corporation Inc. (IAG)

Ninepoint Energy Income Fund ETF (NRGI)

Ivanhoe Mines Ltd. (IVN)

ARC Resources Ltd. (ARX)

Sprott Physical Gold Trust (PHYS)

Total: $74,063.31

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,939.19

Others: $1,159.90

NBI Income Fund: $1,326.64

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: $10,079.62

Other various: $52,804.93

TOTAL: $143,373.59

Social Capital at Desjardins Membership share: $35

Online money: $91

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

TOTAL: $465,108.53

On date of October 16, 2024

My debt situation on date of October 16, 2024

Margin Account Debt: $4,716.98 at 7.75%

Annual Interest: $365.57

As of October 16, 2024

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

Monday, October 14, 2024

How I’m Tackling My “Troublemaker” Investments - Part 1

Last week, I was on vacation. Today is my last vacation day, which means tomorrow I will be back to work. We had a mix of sunshine and rain, and today, it was raining. Later this week, we should get some warmer days for the weekend. I’ve been working remotely from New Brunswick, and I’m still deciding whether I’ll return to Montreal before Christmas. I don’t mind spending time in New Brunswick, but after a while, I start missing my calm and quiet apartment in Montreal.

While enjoying my last official vacation day, I thought it would be a good moment to reflect on my investment portfolio. It feels like I haven’t written such a post in a while. After realizing that I should be able to pay down my margin debt by the end of the year, I feel it's time to address some of the weaker investments in my portfolio.

The reality is, I can pay off my margin debt by the end of 2024—but only if I stay in New Brunswick. I tend to spend more money when I’m in Montreal. Living expenses such as groceries are higher, and I love indulging in daily espressos. Add to that the costs of entertainment, shopping, and various activities, and it becomes easy to bust a tight monthly budget. However, here in New Brunswick, I’m more isolated from places where I can spend money. There are no coffee shops nearby, and there’s simply less temptation to spend. This makes it easier to save, but on the flip side, I rely on my parents for transportation and other needs, which takes away some of my independence.

The only major downside of staying in New Brunswick until the end of December is that I won’t be able to return to Montreal until at least March. There’s no bus service between Rivière-du-Loup and my hometown, and I certainly won’t ask my parents to drive me in the middle of winter. Living in a small community definitely has its challenges, and it can make things difficult at times.

That said, I’ve been holding on to some "difficult" assets in my investment portfolio. By difficult, I mean volatile stocks. In the past, I referred to these as "troublemaker stocks." One of them is definitely New Flyer Industries Inc. (NFI). It's been a tough stock to hold, but right now, it’s up by +37.15%, which is fantastic, especially considering it was in the red not too long ago.

In my US portfolio, my biggest troublemaker is Pfizer Inc. (PFE). Fortunately, I only have a small amount of money invested in Pfizer, so it hasn’t had a significant impact on my overall portfolio.

In my RRSP portfolio, my top troublemaker is Ovintiv Inc. (OVV), formerly known as Encana. I’m currently down $2,000 on this stock alone. Thankfully, other investments in my portfolio have performed well, helping to balance out these losses. But overall, I do hold on to some pretty volatile assets.

In my next post, I’ll dive deeper into the performance of some of my other investments and explore how I plan to manage my volatile stocks moving forward.

Sunday, October 13, 2024

Happy Thanksgiving, fellow investors!

And here we are—it's already Thanksgiving. I'm still in New Brunswick and plan to stay here for the next couple of weeks. We had a beautiful day today; the sun was out, and the weather wasn’t too cold. A long weekend is always the perfect time to check my financial numbers. I discovered that in November, I’ll be receiving three paychecks. After doing my calculations, I realized that I should have enough to completely pay off my margin debt by the end of the year. This made me quite happy because paying off debt was my only financial goal for 2024. Even after paying it down, I’ll have a small leftover amount of around $860.

One issue I keep dealing with over and over is my lack of savings. I have a net worth of close to $460,000, but I have almost no savings because I essentially live paycheck to paycheck. For the past couple of months, I’ve put all available extra money towards paying down my margin debt. Living with almost no emergency savings comes with a few inconveniences, which don’t make much sense considering I’m nearing a $460k net worth. One of these inconveniences is having to pay banking fees. Currently, I pay close to $10 per month in fees. Once I build up some savings, a major advantage will be that I won’t have to pay any bank fees or fees for Interac transfers.

Also, when planning ahead for a vacation or making payments for a major purchase, it can sometimes be quite difficult for me to pay my credit card in full. If I could set aside just a couple of thousand dollars, it would make my life a lot easier. Strangely, I’m not the type to get stressed about money, but I wouldn’t say no to being a bit more financially sensible—especially at my age (I’m 44!).

Friday, October 11, 2024

Welcoming My Highest Net Worth Just in Time for Thanksgiving: $456,916.94

I spent the day in New Brunswick's woods. Today was quite special because we saw a female moose with her baby.

I rarely see moose, mainly because I only go hunting a few days during the whole hunting season. When I arrived home and saw that the TSX closed today's session at 24,471.17 points, I was truly amazed. I knew I had to update my investment portfolio, and so I did. Unfortunately, I am not able to view the current value of my CIBC mutual funds in my RRSP, as that part of CIBC's system is currently under maintenance. I used the same value as on October 4, 2024, for my CIBC mutual funds. I closed today's session with a net worth of $456,916.94. It's quite impressive considering I started 2024 with a net worth of $379,670.38. I first had to reach $400k, and for some reason, $450k came quite quickly. Let's just say I am enjoying the momentum while I can because I know a correction could happen at any time. The TSX can't stay in gain mode forever without a correction eventually happening. That's the main reason I update my investment portfolio on my blog whenever I see significant gains. At this point, I think I may be able to close the month with a net worth of $460k.

In my non-registered account, I only have two stocks that are in the red: BCE Inc. (BCE) and Toronto-Dominion Bank (TD). For BCE, that's quite common these days, but for TD, this downturn is a new development. The reason behind it isn't a mystery. In the U.S., Toronto-Dominion Bank (TD) was fined $3.1 billion due to anti-money laundering issues. But that's not the whole story. TD's growth in the U.S. is now restricted, as the U.S. has imposed a cap on the bank, limiting its ability to operate as it wants. This will make it harder for TD to recover from the massive fine. Today was actually the first time I noticed a negative return on my TD investment.

I hold some Toronto-Dominion Bank (TD) stocks in my non-registered, TFSA, and RRSP portfolios. At this point, I still have significant gains on TD in my TFSA and RRSP portfolios. I'm seriously considering selling all of my TD stocks. TD messed up badly, and it's not the kind of stock I'm willing to hold onto. Plus, I have a $4,778.82 margin debt that could use the funds to pay it down. TD's problems go beyond the $3.1 billion fine. As a result of this mess, TD will be selling several billion dollars in U.S. assets—$50 billion, if I read correctly—and this will impact TD's value. I'm also not happy with the current situation TD is in. I could either partially sell the TD stocks I hold or sell them all. It's a tough decision, but at the same time, it isn't. My mind isn't made up yet on what to do next, but ultimately, the decision is mine.

Historic of my Total assets and Net worth values on date of October 11, 2024

2024

Total in assets: $461,695.76/Net worth: $456,916.94: October 11, 2024 - Highest net worth ever!!!!