Cold cash: $6,216.38
RSP investment portfolio:
CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,387.50
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
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
Ok, so now, this investment thing is getting really exciting! I am now only missing $6,745.78 before hitting my first $300,000. I just had no other choice than to update my portfolio today because, on this Easter Monday, the TSX decided to close, for the first time, in the 19,000 points! The TSX closed this Monday at 19,026.79 points. I am waiting for a big paycheck this upcoming Friday. I may be able to hit on the $295,000 net worth at that time if the TSX remains in good shape. So far so good.
This morning, I was listening to BNN's The Open. Jon Erlichman took his day off and Amber Kanwar was stealing the show with a pretty pink blouse. Straight at the market opening, the TSX took everyone by storm, getting in the 19,000 point vibes. It was quite something to watch the beloved TSX hitting on the 19,000 points direct on TV. It seems like Jon Erlichman missed a historic event. While revealing that the beautiful TSX was hitting on the 19,000 points, Amber Kanwar explains to the viewers that the European markets were closed, but no matter what, and please let me quote her because it was just too much of a powerful statement: "A HIGH IS A HIGH". That's how Amber Kanwar said it and she's exactly right. No matter what shit is going on, a high is a high, period. End of the discussion.
I will try to remember that on this historic day, my net worth had made it to the $293,254.22.
Cold cash: $4,777.68
It feels strange that it's already Easter. I taught that I would have been able to celebrate Easter with my family this year, but it just didn't happen. I am pretty sure that I won't be able to visit New Brunswick again this summer. However, I remain confident that I may be able to visit for the next hunting season... While waiting, it’s also really strange to see my net worth that just keeps growing, growing, and growing although we are dealing with this pandemic. The stock market is a weird place. My net worth closed this past Thursday session on a majestic $292,012.35. While the TSX closed at 18,990.32 points, my non-registered portfolio was closing at $122,062.93, my TFSA portfolio at $116,140.26 and my RRSP portfolio - stocks only - at $57,422.40. My numbers are quite strong and I have to say, I am quite impressed by myself!
I used to say on different posts: ok, the $300,000 net worth is just around the corner... And now, it's finally the real deal. The $300,000 net worth is really just around the corner! I am now missing less than 8k before getting this done. I still have my chances to see this happening before my 41 birthday, which is, in case you didn't by now, on August 27. I share the same birthday as MA$E which is awesome because I had been a huge fan of him and other bad boys since my teenage years. I still have a few months left and I have all the chances in the world to finally shoot the $300 magic big K please.
In my TFSA portfolio, my Bitcoins funds are going well:
Bitcoin Fund The Class A units (QBTC): +17.34%
Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B): +6.74%
I must admit that I was hoping for more spectacular gain coming from those two funds - it would have helped me to reach on the 300k faster, but I am willing to hold on to those two investments for now and I am patiently waiting for more gains. I feel that one of my investment that I had been holding on since my early beginnings, Pembina Pipeline Corporation (PPL) should be sitting on more gains than it is right now. And there's just no reason why I shouldn't be on a 300K net worth right now. It's just a matter of circumstances.
I was all happy when the gyms reopen in the Montreal area, but a few days ago, I decided to cancel my membership. Now that we are dealing with more and more variants, it's not safe to be inside with other people. I just don't understand why gyms, among others, had been able to reopen. It shouldn't be the case. Personally, I find that Quebec province is not going enough and is just not proactive. A good old fashion common sense needs to follow, and everything will get back to normal in a few more months. Citizens have an individual role that needs to be played in respect of others.
I just got my 2020 tax declaration completed. I am glad I am done with this. I just really hate the whole process. I just have over $200 to pay back, which is not bad at all knowing that I earn over $65,000 in 2020. Next year, I will try to contribute an extra $1,000 or $2,000 to my RRSP, even if I don't like investing in my RRSP.