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Wednesday, February 18, 2015

More on the JFT Strategies Fund (JFS.UN)

These days, my non-registered account is performing well these days. I closed the day at $140 687. I now have closed to $190 000 investment at TD Waterhouse. It begin to make a lot of money invested in the same spot. For that reason, I think I will apply to a RBC trading account.

Currently, RBC have that promotion, 22 free trades - or something like it - for a year. Its a great promotion. Not that I don't trust TD Waterhouse no more, its just a matter of not having too much at the same spot, in case some problems happen, like any kind of problem you can imagine of. Fraud or really anything else. 

Because if something happen at TD Waterhouse let say, and that all of my investments are made there, well, it would be quite of a stressful situation. I really think that having more than one broker account is a good precaution to have. So far, nothing happen to me at TD Waterhouse, but seeing my going slowly going up to the $200 000, its like gees, how that happen? The amount begin to be outrageously big and I don't like that.

I am probably going to open a broking account at RBC, but with that one, I won't open a margin account because we all know what happen when a girl have too much money.

Jean-François Tardif is really quiet these days so I am going to speak for him. The JFT Strategies Fund (JFS.UN) is doing as well as my portfolio these days :-) Good job Tardif.


Anonymous said...

No need to open another account as your money is not owned by TD. You own shares in companies and even though TD would go bankrupt, you can't lose your stocks

Anonymous said...

can you explain "margine debt"? is it for selling options? shorting?

Sunny said...

I have a non-registered portfolio of 140k, that portfolio worth $84 000 as margin money. Of that margin money, I have used $67 000 - that is the margin debt.


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