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Wednesday, February 27, 2019

Hourraaa, Bank of Nova Scotia (BNS) increased its dividend distribution!

I think we may be in the 16 000 points for good! 16 000 points = easy time for investors. It's much more fun to be in a relaxed, extra easy steady stock market situation. It's during those good old times that I am at my best. And an easy stock market means easy money, no effort required what so ever, just a couple thousand ALL invested in the glorious TSX, the world best stock market, we have it at home! Sorry, little Americans and UKers, please stay asleep while Canadians are cashing red hot sexy cash. 

Nothing can stop my portfolio for going where it belongs. My beautiful non-registered portfolio proudly closed today session on a wild $122 322.07, my superb TFSA portfolio at $68 958.47, and my superb RRSP portfolio at $40 831.21. My margin debt is at $46 249.50. And princess still have a $1 200+ in cash I am just wondering what I will do with it: pay my credit card in one shoot or invest? I am kind of having rich girl problems now: what should I do with my money??!!!

I am ok to pay my credit card with the upcoming paycheck. If you can do all you need without taking any money from your TFSA portfolio, that's really the best way to go. Having cash available in a TFSA portfolio is a real blessing. You want the max of money to grow tax-free. TFSA is the best tool Canadians have at their disposal. So I decided to reinvest the money I currently have available in my TFSA. I am going to select the lucky winner stock this weekend, isn't exciting enough?  

Bank of Nova Scotia (BNS) recently announced an increased of its dividend. My dividend income is now at $7 374 (without counting the dividend earns inside my RRSP portfolio).


Anonymous said...

Hi there, I check your new stuff regularly. Your writing style is awesome, keep up the good work!

jimmbboe said...

BNS, TD and RY have all increased their dividends! Yay!!


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