Historic day for investors: Canadian Imperial Bank Of Commerce (CM) undergoes a 2 for 1 stock split

I had a super nice weekend. I went to the beach this Saturday, and on Sunday, I went picking up fiddleheads (or ferns if you prefer, you'll see a pic of what I mean below) super early in the morning and I spent the whole afternoon sleeping, all burnout that I was because I didn't have my beauty sleep... The outdoors are changing quickly in New Brunswick. It's a lot greener now. The scenery is looking nice.

And the fiddleheads:

This past Friday, the TSX had regain some valuable points. Today again, the TSX surprised me, gaining a bit more than 100 points. We are still far away from the old 21,000+ points value, but if we have to remain in the 20,000 points for the present time, I will be able to deal with this without any problems. My non-registered portfolio closed today's session at $145,003.55, my US portfolio at $4,967.05, my RRSP portfolio at $64,117.53, and my TFSA portfolio at $120,285.39. My stock portfolios gain over $3,000. It had been a nice day.

Despite the market super volatility, some stocks of mine are doing well and many of them had announced great news lately, including some dividend increases. K-Bro Linen Inc. (KBL) is another of those stocks that only had good news for its investors.

Today was a historic day for Canadian Imperial Bank Of Commerce (CM) investors. CM finally undergoes a 2 for 1 stock split. Personally, I adore stock splits. They're just an easy way to see your investment soaring in value with ease. Today, Canadian Imperial Bank Of Commerce (CM) stock gain a good 1.042%, and that's only the beginning. I am waiting for my paycheck this Friday and I am thinking about investing in some CM stocks, inside my non-registered portfolio, to help my margin breath.

The problem I have with my margin is that I always worry about it. And I cannot maximize my TFSA because I worry that my margin account might be in help of a bit of money to survive and I am not totally wrong with that. I don't mind.

A few days ago, I wrote about National Bank Direct Brokerage which now is offering a lending program. I haven't been able to find much information online, but I had find this YouTube video:

I don't understand what it is, but I see it as a way to earn an extra income, at no risk other than the one known as being a regular investor who holds some stocks that are trading over the TSX... so why now? I have to take care of this tomorrow. We'll see if I qualify for National Bank Direct Brokerage's Fully-Paid Securities Lending Program. 

Those are my last couple of days in New Brunswick before I leave for Montreal.

The real fun now begin for investors

I finally got the chance to buy a few pieces of summer clothes because I didn't have any with me, as most of my stuff is in Montreal. I am glad I did because it was still beautiful and hot weather today and it's going to remain so for the next couple of days, with a bit of rain for the days to come. I didn't spend too much and nothing fancy. I actually bought some clothes at Walmart and Rossy and some summer hats. Sincerely, it's the first time in a very long time that I bought any clothes at all at Walmart and Rossy, but I am glad I did because I was able to buy a few pieces and I only spent a bit over $100. 

I try to remain good with my expenses because I will be leaving in a couple of weeks for Montreal, and I plan to come back to New Brunswick this summer for a few weeks, and I plan to go back to Montreal after that, and later on, I will go back to New Brunswick for the hunting season... It may sound like a lot of traveling but that's basically how I had been living for the past 10 years. In 2021, what was different was that I stayed in New Brunswick from September or October (I just don't really remember lol) 2021... until now... That is just making it way too long for me to be in one single place. I am not used to it. Sincerely, I begin to miss Montreal. The summer is super fun in Montreal.

There is still no bus transportation available to cover the section Rivière-du-Loup to my X hometown in New Brunswick and that is super annoying. This kind of limits my traveling possibilities and basically, that's why I have no other choice than to spend the whole winter in New Brunswick. I am mentally not ready yet to spend another hard winter in New Brunswick, but maybe that will come later on. I just cannot see myselk asking my old folks to come and pick me up all the way to Rivière-du-Loup in the cold winter... No no no. My only option to travel during winter, is to take the plane from Montreal to Frederiction, and from Fredericton, take the bus to go home. Its doable, but it feel quite stupid having to take the plane only to go to New Brunswick, its not my vibe. And its probably a lot more expensive too. I don't live super close to Fredericton, so imagine that I am being stuck there because of a snowtorm or something...

These days, it seems like each day for the TSX is a bad one... Yesterday, my stock portfolios lost a bit over $2,000 today. Under the circumstances, my portfolio is doing relatively ok. My non-registered portfolio closed today at $141,633.64, my US portfolio at $4,915.52, my RRSP portfolio - stocks only - at $62,806.32, and my TFSA portfolio at $119,544.58. On the date of yesterday, my "buying power" - or what I like to name as being the amount of money left available on my margin - was $47,743.28. I should had now soon a buying power of soemthing around $49,243.28, since I proceed recently with a cash transfer of $1,500.

I think I will be fine, but I prefer to monitor the situation closely. I am now starting to feel better about the current state of the stock market. I decided to view this as an investment opportunity. Those are hard time, but this is how I had built my portfolio, during correction following the 2008 stock crash. Its when stocks trade cheap that you need to buy them. Even small investments can make a big difference on the long run. That's how I had reached my highest net worth ever back on  April of this year, with a net worth of $361,442.42. Its important that retail investors take full advantage of this stock market correction.

Welcoming some new BCE stocks inside my non-registered portfolio

We had another nice day today in New Brunswick. I had the visit of a little black cat.

It's been another day in the 19,000 points for the TSX. Many great dividend payer stocks are at a bargain price right now. Some other stocks are having big problems big time to deal with this stock market volatility. Among others, we find Premium Brands Holdings Corporation (PBH). I think PBH can even go lower than its current $95. At $95, PBH is for me still expensive. These days, BCE Inc. (BCE) appears to be quite appealing. I made another investment in BCE Inc. (BCE) today.

For now, I am fully loaded with BCE stocks, I don't expect to invest more in BCE at this time. Bank stocks are looking appealing to me. It's been said that it is expected that Canadian banks will increase their dividend distributions. Personally, I recently invested in some more BNS, so I wouldn't like to invest in some more BNS stocks, but I was thinking maybe of TD, but I would like the price to drop a little. I already own some CM stocks in my TFSA and I wouldn't like to invest in some more CM stocks. TD seems to be a nice pick.

Sharing some ideas while the TSX is "enjoying" a very bad correction

The weather was very nice again today in New Brunswick. Its nice to be able to take a walk in the evening without having to wear a jacket. I didn't get the chance yet to do shopping for some summer clothes, but as you can see, there're nothing close by... It making it easy to save up some money, but it can feel quite miserable from times to times, and it can get on my nerves.   

This morning, the TSX regain some points from yesterday's disastrous day, but nothing much. In the early hours of the opening, we didn't regain even half of the points that were lost yesterday... I knew we were in for another bad day. I regained about $2,000 value early this morning, which is nothing much knowing that $8,000 went all down the drain... This is saying what it's saying: the TSX isn't looking forward into regaining any valuable points anytime soon. Its a hard reality, especially knowing that not too long ago, back on April 20 of this year, I was hitting on my highest net worth value EVER, with a fabulous $361,442.42 that I will never forget...

Unfortuntaly, I am not certainly no longer in the $360,000. I am ok with that. My non-registered portfolio closed today session at $141,698.71, my US portfolio at $4,937.16 US, my RRSP portfolio at $64,273,49, and my TFSA portfolio at $121,216.79. Since I suspect this current stressful state of the market may remain for a little while, I proceed with a $1,500 cash transferred over my margin account. This should lower my margin debt to $43,953.43. I have one of my $5,000 credit line with a low interest rate on it. I was thinking about transferring a 5k from that credit line on my margin account, but its only an idea for now.

Also today, a couple of my stocks announced a dividend increase. I actually have a list of them this time around:

Ovintiv Inc. (OVV)

Exchange Income Corporation (EIF)

George Weston Limited (WN)

Finning International Inc. (FTT)

Now, my annual dividend income is super close to $11,100.

Right now, many good dividend payers are getting cheaper and cheaper, like for example BNS, BCE, T... I have over 3k in JFT Strategies Fund Class A Units (JFS.UN). I am thinking about selling my JFS.UN to buy again some BCE stocks. Just an idea for now, but I think I will: sell my JFS.UN units that I own inside my TFSA, transfer the money over my non-registered and invest over my non-registered in order to help my margin and invest in my non-registered in some BCE stocks... Another idea for now. 

It suck to be dealing with such correction, but I won't let my chance go to invest in some good quality assets that pay good dividend money. The decision is kind of easy to make...