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Wednesday, August 5, 2020

Just another hot stock pick for your investment portfolio: Thomson Reuters Corporation (TRI)

Sadly, for this past July, the best thing that I had done was to get an hair cut. The heat destroy all hope that I had for doing something out of myself. I just hated this month of July, stuck in Montreal in the hot heat of summer. I was just too scare of the covid to go anywhere at all. In my miserable life, nothing valuable happen that need to be mention, at the exception of a few little things. The month of July wasn't very good for the TSX, but nothing really bad happen either way. I am more feeling myself without the heavy heat. August is usually more fresh, which I prefer, and as you might know, August is also my birthday month!

Let's just start the good news part with my really fabulously pretty TFI International Inc. (TFII) who's currently surfing on it's really highest value EVER. And the best part being that the smart smart smart girl that I am of course, hold on to some TFII, and where please? Inside my TFSA portfolio. Just so smart!!! Currently, I am on a gain of 50.25% on TFI International Inc. (TFII). 

My birthday is coming in a hurry, in exactly 22 days and the big 40 is coming with it. At now almost 40 years old, I am lucky enough not to look my age, thanks to 60 SPF (I suggest an at least 50 SPF) sunscreen that I apply several time a day on my pretty face and all sort of beauty creams. Among my favorites, we'll find Caudalie products, I especially like their vinoperfect serum; IDC express multi-action global 16-in 1 anti-aging cream, and also the Yves Rocher's Anti-Âge Global night cream. Now, my beauty secrets just got reveal. Another good move is to work out at the gym, sweating your ass off is good to keep away unwanted wrinkles, at least for now.

In a few past posts, I had exposed a few stocks treasure, which are stocks that help me along the way to blow out the 200k net worth value. You can actually do the really same thing on your side, if you are smart enough to invest in those stocks treasure. Among those treasures, we saw: Boralex Inc. (BLX)Cargojet Inc. (CJT)Emera Incorporated (EMA), and Fortis Inc. (FTS). Those are just a few great stocks that I hold inside my investment portfolio, but they are certainly among the top of the list. Those are my super duper great great stocks performer, but of course, I hold on to some more hot stuff!

Just in case you are in need of another great stock for your Canadian investment portfolio, you can always turn to Thomson Reuters Corporation (TRI). I barely write about that one at all. But TRI is like the best stock ever. Once you hold it to your portfolio, you almost forget actually that it's in there. Inside my RRSP portfolio, TRI is currently on a gain of 80.41%.

The TSX closed today session at a good 16,501.61 points. I was curious to see where my numbers were at so I just updated my investment portfolio. I am slightly below the value I had back in June. This is just quite a hard time to move forward in value. I am experiencing some problem with my Bank of Nova Scotia (BNS), which I am losing on -5.01% on. However, I am on good gains with my TD and RY stocks. BNS is going behind, which is not fun. Strangely, I am doing better with my investment in Power Corporation of Canada Subordinate Voting Shares (POW), who closed today session on a 6.18% gains. I don't recommend Bank of Nova Scotia (BNS) as investment to any of my readers.

Stay around because in my next post, I have another great super stock to expose (I got to keep things to say for my next post, sorry).

My debt situation on date of August 5, 2020

Margin account: $46,694.66 @ 4%
Annual interest: $1,867.79

Credit line: $4 500 @ 4.31%
Annual interest: $193.95

Total: $51,194.66
Total annual interest: $2,061.74
On the date of June 5, 2020

My investment portfolio on date of August 5, 2020

Cold cash: $2,065.64

Stocks and Units investment portfolio $CAN
Bank of Nova Scotia (BNS): $10,121.52
Methanex Corporation (MX): $2,782.50
Fortis Inc. (FTS): $6,938.91
Pembina Pipeline Corporation (PPL): $25,944.42
iShares S&P/TSX Capped REIT Index (XRE): $2,334.30
New Flyer Industries Inc. (NFI): $1,828.50
TMX Group Inc. (X): $1,112.24
K-Bro Linen Inc. (KBL): $2,860.00
TransCanada Corp (TRP): $1,587.00
Canadian National Railway Co (CNR): $11,765.70
Enbridge Inc. (ENB): $15,277.50
Emera Inc. (EMA): $1,366.50
BCE Inc. (BCE): $1,240.36
Saputo Inc. (SAP): $1,325.60
Loblaw Companies (L): $838.80
Savaria Corporation (SIS): $7,396.83
WSP Global Inc. (WSP): $4,279.50
Aphria Inc. (APH): $1,278.00
George Weston Limited (WN): $100.85
Rogers Communications Inc. (RCI.B): $1,666.50
Telus Corp (T): $2,168.53
Power Corporation of Canada Subordinate Voting Shares (POW): $2,235.87
TOTAL: $106,450.26

Stocks and Units investment portfolio $US:
Berkshire Hathaway Inc. (BRK.B): $1,629.20
General Mills Inc. (GIS): $2,061.44
Cash: $53.32
TOTAL: $3,743.96 USD: $5 001,93 CAN
 
Tax-free savings account (TFSA):
Dumont Nickel Inc. (DNI): $12.92
CT Real Estate Investment Trust (CRT.UN): $1,397.00
Canadian National Railway Co (CNR): $5,229.20
Exchange Income Corporation (EIF): $27.72
Brookfield Infrastructure Partners L.P. (BIP.UN): $3,850.16
Brookfield Renewable Energy Partners L.P. (BEP.UN): $1,746.90
Andrew Peller Limited (ADW.A): $1,436.20
Toronto-Dominion Bank (TD): $1,203.60
Boyd Group Services Inc. (BYD): $6,023.10
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN): $3,390.10
Data Communications Mgmt (DCM): $1.14
Morneau Shepell Inc. (MSI): $2,771.10
Royal Bank of Canada (RY): $6,097.00
Park Lawn Corporation (PLC): $1,509.60
Toromont Industries Ltd (TIH): $2,955.20
BCE Inc. (BCE): $507.42
Boralex Inc. Class A Shares (BLX): $1,384.80
Richelieu Hardware Ltd. (RCH): $1,546.98
Savaria Corporation (SIS): $975.10
Northland Power Inc. (NPI): $3,697.00
Calian Group Ltd. (CGY): $4,334.18
Canadian Utilities Limited (CU): $1,393.98
WSP Global Inc. (WSP): $2,139.75
Granite Real Estate Investment Trust (GRT.UN): $792.60
Cargojet Inc. (CJT): $4,825.02
Nutrien Ltd. (NTR): $2,373.50
TFI International Inc. (TFII): $4,650.40
Canadian Imperial Bank Of Commerce (CM): $2,806.50
SIR Royalty Income Fund (SRV.UN): $180.40
ATCO Ltd. (ACO.Y): $2,449.20
Aecon Group Inc. (ARE): $1,437.18 
Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A): $2,461.83
Metro Inc. (MRU): $2,218.82
Alimentation Couche-Tard Inc. (ATD.A): $558.00
Fortis Inc. (FTS): $1,882.65
CGI Inc. (GIB.A): $1,894.40
TMX Group Limited (X): $3,475.75
Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC): $444.50
BEPC: $431.20
Suncor Energy Inc. (SU): $375.19
Cash: $767.89

TOTAL: $87,655.18

RSP investment portfolio: 
Emera Incorporated (EMA): $16,234.02
Ovintiv Inc. (OVV): $307.86
Toronto-Dominion Bank (TD): $1,805.40
Telus Corp (T): $2,430.66
Royal Bank of Canada (RY): $1,876.00
Savaria Corporation (SIS): $2,813.86
Thomson Reuters Corporation (TRI): $3,415.32
Park Lawn Corporation (PLC): $5,032.00
Richards Packaging Income Fund (RPI.UN): $2,269.08
Toromont Industries Ltd (TIH): $517.16
CAE Inc. (CAE): $1,406.30
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A): $3,315.20
Boralex Inc. Class A Shares (BLX): $1,731.00
Quebecor Inc. (QBR.B): $770.75
Logistec Corporation Class B Subordinate Voting Shares (LGT.B): $221.20
Brookfield Renewable Partners L.P. (BEP.UN): $1,106.37
Leon's Furniture Limited (LNF): $461.38
Bank of Nova Scotia (BNS): $335.52
BEPC: $246.40
Cash: $356.46

Total: $46,651.94

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund:
$2,991.15

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.45

NBI Income Fund: $1 435,27

Manulife Fidelity NorthStar GIF CAP: $1 758,27 
Manulife Simplicity Growth Portfolio: $1 494,72
Maritime Life CI Harbour Seg Fund: $1 299,68
Maritime Life Fidelity True North Seg Fund: $1 289,54
Manulife GIF MLIA B World Invest: $1 332,04
Total: $7,174.25

Other various: $17,271.3

TOTAL: $76,603.66

Social Capital at Desjardins Membership share: $35
Online money: $61.25
Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:
$277,872.92
On the date of August 5, 2020

Sunday, July 19, 2020

The TSX is shining like diamond again, hitting on 16,123.48 pointss

My non-registered portfolio closed this past Friday session on a good $105,734.29, my TFSA portfolio at $87,554.07. If I could celebrate my birthday on a $250,000 net worth, that would make me really happy. Following what, the jump from $250,000 to $300,000 wouldn't be insane. Of course, a 50k is a lot of money, but with the correct investments, like for example my super hot Boralex Inc. (BLX), and a good market situation, the $300,000 net worth could arrive quickly. All this to say that frankly, 50k is not an insane amount of money. When I first began this blog, it only took me two years to get on a 50k net worth.

I have a one week vacation coming up as early as next week. It's going to be an easy week to spend at home. I don't understand people who can be stupid enough to actually plan a vacation, travel and spend time somewhere else than their hometown. I will never name Montreal as being my home, but it's unfortunately where I live in the present time, and it's unfortunately where I am going to spend my vacation. In the next couple of weeks, I wouldn't be surprised to see the numbers of COVID cases increase. This pandemic exposed Quebeckers lack of organization when it comes to health care, and their poor leadership when it comes to the management of this pandemic. We had been living under the knife since January, and it's only now, six months later, that Quebec province imposed to wear a mask in indoor public spaces. I believe movie theaters should remain closed. It's not anything that we need and being in an indoor closed space two hours straight is just a too good way to contract the virus. But in Quebec, authorities are not smart enough to make the decisions that need to be made, when they need to be made. That's probably the major difference between Quebeckers and New Brunswickers. While coming from New Brunswick, your judgment is just better than anyone else, and you can only make great decisions for yourself when it comes to investments.

I had pushed and pushed away the moment when I will be getting a hair cut and I did the best that I can to resist but now, I really really want a hair cut and I will get on in only a few days from now. That will probably be my biggest expense for the weeks ahead.

While spending my vacations in Montreal really suck, I am fully taking advantage of it to spend less. A girl got to do the best with everything.

Wednesday, July 15, 2020

Meet one of my quiet TSX street soldier: Boralex Inc. Class A Shares (BLX)

So far, the TSX is having one of those good weeks. Yesterday, I was quite surprised by those 15,908 points. In result, my non-registered portfolio closed the session at $103,127.23, my TFSA portfolio at $85,493.07 and my RRSP portfolio - stocks only - at $45,136.46. But today's results are even better. Those 16,063.33 points were more than welcome. I just hope that those lovely 16 000 points are here to stay. Today, my non-registered portfolio closed the session at $104,679.70, my TFSA portfolio at $86,977.79, and my RRSP portfolio, stocks only, at $46,016.76. The numbers are looking good.

Currently, I have over $600 in cash inside my TFSA, which came from different dividend distributions. I had been thinking of a new investment for my portfolio. I haven't really work extra hard at trying to find my next super super investment. Fact is, I already hold many good times in my portfolio, and one of them is Boralex Inc. Class A Shares (BLX).

From what I had been able to recover, Boralex Inc. (BLX) had been in my portfolio since 2017. I love that kind of stocks that are easy to hold, and that you barely ever have to worry about. Other examples of those type of easy holders could be Fortis Inc. (FTS), TMX Group Inc. (X), Canadian National Railway Co (CNR) and Thomson Reuters Corporation (TRI). I own some Boralex Inc. stocks inside my TFSA and RRSP portfolios. Inside my TFSA, BLX grow by +51%.


BLX overall chart is quite impressive. Boralex Inc. Class A Shares (BLX) quickly recover from the 2008 stock market crash, as well for the most recent one just a few months ago (arrow in yellow). Following those two crashes, BLX just kick-ass and just went up up up. It's really important for me to stick to stock which value exceeds the value of their before 2008 stock crash value. An overall chart - since the stock early beginnings - is a great tool that allows you to evaluate if the stock you want to invest in is a strong little soldier on which will be able to rely on during volatile times. A chart doesn't lie, but analysts and other so call "specialists" can bullshit and say whatever about a stock. Don't take the opinion of so call specialists for granted. However, on the other hand, the chart of a stock is never bullshit. A chart is like the soul of a stock. You can always believe in the purity of a chart. Over the years, chart reading had become quite important to me, in the process on how I select my investments. My rules are simples and are strictly based on common sense.
I like to diversify my portfolio to the max, in different sectors, and of course, in different businesses. But it's ok, from time to time, it's totally ok to reinvest in a stock that you already own in your portfolio. The trick is to be smart enough to invest in good quality stocks. In the present case, I believe that Boralex Inc. Class A Shares (BLX) is one of those quality assets you can rely on to bring $$$ in the house.

In the title of this post, I had named Boralex as being "one of my quiet TSX street soldier". To understand what I mean by this, I will compare BLX to a US stock, Telsa (TSLA). Telsa is not what you could name as being a reliable quiet stock. First of all, Telsa CEO Elon Musk is a fool and unreliable. He had named his newborn by weird symbols, that poor baby doesn't even have a proper name. Elon Musk is not respectful of the NASDAQ authorities. Musk is not the kind of individual you can rely on, as a stockholder.

Boralex Inc. Class A Shares (BLX) has all of the qualities, the management is nice and stable. BLX chart is reliable and stable. In Canada, we have the best stock market, and the best serious businesses on which we can truly rely. Now is just a matter of you being smart enough to recognize it, and to recognize on how much of a great stock picker that I am. You need to focus on stocks that will bring on richness on the long run, not just overnight like Telsa. Telsa stocks are for dumb Americans, not for smart Canadians.

Sunday, July 12, 2020

Richelieu Hardware Ltd. (RCH) is getting better

I survived this week of hot wave in Montreal without air conditioning. I had suffered, but it's not anytime soon that I will bring in air conditioning in my apartment as I refused to participate in a collective acceleration of pollution and greenhouse gases just for my well-being. And add to this that I don't want to pay for an air conditioning machine. Today at least, the weather was nice in Montreal. However, it's looking like we could face another hot wave as soon as next weekend...Wish me good luck. This summer is not a good one for me. I just hate this really hot weather.

Lately, I had done quite a good job at decreasing my expenses and I want things to remain that way. This had been my first summer since a really long time for which I didn't purchase any new piece of clothing, with only two exceptions: a pair of sneakers and a pair of new sandals. The problem with clothes is that even while my closet is full of clothes, I always feel like I have nothing to wear, but I try to get lose of that feeling. Other than that, I didn't purchase any clothes since the beginning of the pandemic, I could easily say since, probably, January or something like that.

I was supposed to get a so wanted hair cut earlier this month, but I cancel it because I was working that weekend. I decided to let my hair grow. Since this summer is super hot, I am washing my hair every single day, it doesn't worth it to spend money on my hair right now. A visit to the hairdresser doesn't come cheap, especially at the place where I usually go. If I can save a few dollars simply by pushing the visit to the salon at the end of the summer, I will do so.

This past Friday session closed on a good 15,713.82 points for the TSX, leaving my non-registered portfolio at $100,119.55, my TFSA portfolio at $84,161.99 and my RRSP portfolio - stock only - at $44,412.10. I was looking forward on making some more gain inside my non-registered portfolio. I was expecting a $103k-$105, but it didn't happen. I guess my net worth is currently in the $217 000, which is not too bad. Things will get easier once will get back in the 16 000 points.

This past Friday was a rough day for my late Sienna Senior Living Inc. (SIA), as the stock reached it's lowest value within the past 52 weeks. I am quite happy not to be holding on to some SIA stocks in my investment portfolio anymore. Currently, another TSX stock in the same exact sector, Chartwell Retirement Residences Units (CSH.UN) is facing about the same situation. Derek Foster used to be invested in Chartwell Retirement Residences Units (CSH.UN). He doesn't anymore. And talking about Derek Foster, he has given a presentation this past week at the MoneyShow, but I completely forgot about it, the hot weather didn't help my case. It's just too bad that I missed it.

A few days ago, the federal government declared the deficit we'll have to deal with for the years ahead. Its a high amount, like expected, but I never taught it was going to be that high. That being said, now had never been a better time to work on saving money. This pandemic revealed on how much we rely on the government during these hard times. Too many citizens have little next to no savings at all to cover emergencies. Unfortunately, I am still, for now, in that group of people, with only about $2 000 in cash. I might have a net worth in the $217k, but I am poor in cash. At least, my dividend distributions are adding a nice little amount in terms of cash every now and then, but that amount alone is not enough to support my living.

And this is something that I keep writing over and over about, but this time, let's hope I will be able to be somewhat more consistent this time around. Other than that, in terms of stocks, one of my stocks made some great gains: Richelieu Hardware Ltd. (RCH). Since holding RCH in my TFSA portfolio, that little one has always been quite volatile. Now, I am not in positive territory, but let say that RCH is recovering and it's helping my TFSA portfolio to push over to make some gains.

I currently have a $500 in cash inside my TFSA that is just waiting to be reinvested somewhere in the stock market. I don't have new investment ideas at this time.

Wednesday, July 1, 2020

The ultimate stock that I am happy not to hold in my portfolio anymore: Sienna Senior Living Inc. (SIA)

This time of the year is usually a great one for me. Over the year, I made great investments during the last days of June. It's basically the time where my portfolio gets a mini revamp. Maybe the sun and the good weather have a lot to play in that. This year, my month of June is completely different because of the pandemic. I am not exactly having a good year, neither a too bad year. My net worth got back in the 200k, which is my "secure" place. Back in March of this year, my net worth falls behind the 200k. It's always a traumatic experience when it happens, but usually, I get back in the 200k game quite quickly. Usually, downturns never stay in for long on the TSX.

No matter what is going on currently, June of this year still remains a good time to have an quiet face-to-face time with my investments. The pandemic has the benefit to expose our deepest weakness and in Canada, one of our weaknesses is the cares that we gave to our senior citizens. And not only the cares, but also the housing.

As an investor, it's perfectly normal to explore the numerous possibilities that offer the TSX. I am always searching for new stocks to invest in. When I first invested in Sienna Senior Living Inc. (SIA) back in 2017, I was looking, like usual, for something new, for something great that would be of a great fit for my already really awesome investment portfolio. I didn't have any exposure to the health sector. I am not a fan of the pharmaceutical sector, and I do not exactly find satisfaction in the health sector itself. So I taught that SIA could be a cool way to diversify my portfolio. Their activity if the housing for seniors was for me somewhat related to the health sector. However, things didn't turn exactly as planned. I made the really good decision to sell my Sienna Senior Living Inc. (SIA) back in the beginning of January of this year

When I invest in a stock, I like to see its value grow inside my portfolio, as well as collecting dividends. To be perfectly happy, I need both of those things. In the case of SIA, that stock never kicks in my investment portfolio, I never saw it grow. So when I had the chance to sell without experiencing any losses, I did. I have to say, my timing was of absolute perfection. When it comes to stock, I want to invest in what the TSX has the best to offer. And Sienna Senior Living Inc. (SIA) is definitively not a good and safe stock to invest in. This COVID pandemic reveals that the cares provided in some senior housing establishments who are under the management of Sienna Senior Living Inc. (SIA) were of poor quality. Articles on that matter can be found here, here and again here. Since the beginning of the COVID pandemics, Sienna Senior Living Inc. (SIA) had been going all the way down:

Now that we are in a pandemic, the idea of making just any money at all on the back of seniors housing is just sounding terribly wrong. Back in 2017, that idea never crossed my mind. But this pandemic is actually changing us, and is changing our opinion on different topics.

Wednesday, June 24, 2020

The story of a girl and one of her best stock: Cargojet Inc. (CJT)

The really hot days seem to now be behind us. I got out of this alive, but I decided that time has come to have a little hair trim. My idea was not to get a hair cut at all this summer, and just let my hair grow, I resisted as long as I could, but I will be getting a hair cut on July 5. I just cannot stand my hair anymore. Thin, but too much of curly hair like mine are so difficult to style, it takes the help of a good cut to make everything work out properly. I will get pretty just for myself, so I can celebrate my upcoming birthday with a little bit of dignity. I may even get highlights because I don't want to see my few white hairs. Aging is coming like a surprise in a box of cereal, out of nowhere, unexpectedly. It's not fun, but it's life. Otherwise, aging is just an esthetic aspect touching my hair, and I hope it remains that way for a really long time.

Currently, in Quebec province, more and more things are reopening, including gym and to my surprise, I am quite happy by the reopening of gyms. It's kind of getting boring around here, at least I will be able to do actually something outside my little apartment. One thing for sure that is helping me to age without much trouble is staying active, and the gym is a great tool for that. For the past weeks, I had been doing a lot of walking around, which is, at a point, became quite boring for me. I am feeling weaker in my body, my arms, my legs are not feeling as strong as they used to be, that being before the pandemic. Starting the age of 35, women, and maybe even men, began to age and feeling weaker is not of a great feeling. It's something I am looking forward to correct.

Since I won't spend any money on vacation this summer, the bright side is, I will have more money aside to invest, and more time to spend searching for new stocks. Currently, that's exactly what I had been doing. I am working at finding new investments, something that will be as good as one of a precious investment that I had been holding on inside my TFSA portfolio for a while now: Cargojet Inc. (CJT). Investing is an easy job, especially on the TSX. In Canada, we have the chance to have the best stock market, and not only the best stock market, but the most reliable and stable one. Finding great valuable pieces like Cargojet Inc. (CJT) that basically no one is writing ever about is certainly by greatest pride and is the funniest part in everything that is investing, so I can just push my babies straight to your face.

It's quite difficult to realize that this precious one had been in my portfolio since... 2018. It sincerely feels almost like yesterday. Since 2018, Cargojet Inc. (CJT) had registered a spectacular gain of 95.40%.I feel like I deserve a summer treat and I am just willing to place a new investment as soon as I will be ready for it, but first, I need to find that something that will only push me over the edge. With all of those great investments that I currently hold, it's just clear to me that I have everything it takes to hit in the $300 000 net worth, I just don't have any doubt about that in my mind. It's unfortunate, but I own my finding of CJT to Stockopedia. And I own many other great stocks that I hold to Stockopedia. My problem is that in order to make great investing findings, I need substance to work from. And Stockopedia's screens had been for me that substance. Right now, I am really missing Stockopedia.

Other than that, inside my non-registered portfolio, some recent investments started kicking in - finally. My Telus Corp (T) is currently on a gain of +4.31%, and my Power Corporation of Canada Subordinate Voting Shares (POW) stocks are on a gain of +2.16%. Inside my TFSA portfolio, the most recent investments didn't really kick off yet. However, no matter out, remain strong in your positions and hold on to your investments because later on, the result will kick in. Sometimes, it takes quite sometimes for a stock to become successful in a portfolio. I had such experience with an investment that I hold inside my RRSP portfolio: Richards Packaging Income Fund (RPI.UN). Once I made my investment in RPI.UN, it took a while for the title to register gains. But now, I had reached success with RPI.UN and now, my and RPI.UN we are having a great love story and I have many other stocks like that on which I am totally relying on to create my richness.

All part of the game is base on one thing: on your ability to make good decisions to yourself. In our modern times, it's something that is getting harder and harder to do, because we are dealing with way too much information coming literally from everywhere and anywhere. It's really hard to find good financial advisors. When it comes to money, you cannot really rely on people, so you need to understand things for yourself and by yourself. Take for example all my chit-chat posts regarding margin account: here and here. Everything I know about margin, I learn it by myself. When I opened my margin account - many many years ago - no one at TD explained what I was getting into. I just had to sign a piece of paper and it was about it. Don't expect help from no one when it comes to your personal finance. Here in Montreal, most financial advisers are illiterate when it comes to investment. You need to be careful. You are actually better hanging around here that dealing with a financial adviser, especially if you live in Quebec province.

When it comes to precious investments, no one can beat me at that game. In 10 years from now, I hope that Cargojet Inc. (CJT) will still be in my portfolio and bring on some serious $$$. And I wish you the same.

You are more than welcome.

Tuesday, June 16, 2020

Summer is starting, but without the fun. No vacation in New Brunswick, no $300 000 net worth YET

Just like expected, the TSX remains volatile, but we were lucky enough to have a closer today in the 15,515 points. My non-registered portfolio closed today session at $106,711.05, my TFSA portfolio at $83,736.69 and my RRSP stocks only portfolio at $45,219.50. My margin debt is at $44,125.95. I now have $414.63 in cash inside my TFSA portfolio, so I am slowly getting ready to make a new investment soon. Today, Methanex Corporation (MX) bounced on a nice gain of +6.64%. MX is a super volatile stock, I wouldn't recommend that investment because you can easily find a more stable, and a better investment for your bucks. I had been lucky with Methanex Corporation (MX) because that title had been in my portfolio since my early beginning, which was over 10 years ago. It's sad to say, but sometimes, timing and a bit of luck have a lot to do if you become successful with a stock. Many stocks are difficult to hold, and Methanex Corporation (MX) is one of those stocks, but no matter what, a little part of MX is all mine and it's all good.

And talking about time passing by, just get ready, because this summer, I will be turning 40, exactly on August 27. 2020 was supposed to be a really great year for me. My father had turned 70, I am turning 40, and on top of everything else, I was quite on the correct road to get my hands on a $300 000 net worth, I was supposed to spend an awesome 2 weeks vacation at the back in New Brunswick this summer... but everything hasn't gone exactly as plan. I won't be able to visit New Brunswick this summer, because of the strict rules surrounding the visit of an outsider to my beloved province. I could visit, but I would have to stay home for 14-15 days, and while coming back to Montreal, I will have to stay confined for 14-15 days... the perfect plan to drive me completely nut. 

No matter what, New Brunswick is always on my mind and I had been just checking - to satisfy my curiosity - on ways to reach the holy land. There's no bus, no train, but guess what: it's possible to travel to New Brunswick by plane. Domestic bookings are possible within Canada, but it doesn't make much sense at all since the borders withing the provinces are close. Currently, Air Canada is offering flights from Montreal to Fredericton and Moncton. This means that anyone who wants to visit New Brunswick can, by air. Currently, Air Canada is experiencing an increase of their domestic bookings. And now, despite the international pandemic that is still going on, Air Canada is selfishly asking for an ease of travel restrictions. I guess you get it but I will explain it really clearly: don't ever consider Air Canada as an investment for your portfolio. Air Canada is a big no-no.

In this time of pandemic, it is certainly ok to go outside for a walk, but it's not ok to visit another province, or another country, just for the fun of it. Air Canada is not a respectable company, just a shark looking to make more money in a time where international traveling should be ban, just like province to province traveling should be ban. We need to thanks Justin Trudeau for being the perfect stupid Quebecker that he is.

I could take a flight to Fredericton and visit my family in New Brunswick this summer. I could go to the beach, go to restaurants, and no one would ever know about it, but of course, I won't do so because I am a highly respectful woman and I would never ever do anything that could hurt my province. But what if it's not actually everyone who cares that much? Even personally, for me, I have to say, it's quite tempting for me to book a flight for Fredericton this summer. This is like a devil temptation. Why Justin Trudeau is allowing domestic flights within Canada? Personally, I am not surprised by this situation. I am not a fan of Justin Trudeau. I find that a Quebecker is not at his place as a Prime Minister. Quebeckers have low discipline and are not built to take on big responsibilities. 

Later on, Canadians will realize their mistake.
 

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