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Thursday, March 19, 2020

The TSX is making a comeback in the 12 000 points. Hourra!

I was SO in need of this. I am quite busy during the day, even if I work from home. I just have no time to run at the bank to borrow money on an extra credit line to save my margin situation. With a TSX in the 12 000 points, I am now in much better shape. My non-registered portfolio closed today session at $78,593.22, my TFSA portfolio at $66,257.52 and my RRSP portfolio, stocks only, at $37,839.77. From now on, let's hope that the new usual for the TSX remains in those 12 000 points.

Other than those 12 000 points, today, I learned something nice: Telus Corporation (T) went under a 2 for 1 stock split! As you might know if you are a long time reader, I adore, no, I JUST LOVEE stock split. Most of the time, the value of a stock swore following a stock split. I am looking forward to invest in some Telus Corporation (T) stocks and this is going to be great! Susan Brunner announced on her blog that she recently invested in some TFI International Inc. (TFII). I understand the logic behind that investment, TFII being involved in the transportation and logistic sector. We need companies like TFII for the transportation of goods. I had been holding on to some TFII stocks for a while now and I find the title to be volatile, even in easy times.

I don't believe that this epidemic will last for really long. They're just too many efforts put worldwide in other to beat the beast. It may go on for a couple of weeks, couple of months, but after what, it will be a super spending rally, people will travel and spend money like crazy again. Personally, the hardest thing is not being able to go to the gym. I go for a walk after being done with work, but walking is to slow, boring up to a certain point and doesn't burn me up the way I need. Sure, I could do some jogging, but it's not the ideal weather yet. I guess at one point, it will be a big f off and I will go and jog jog jog :-)

In the meantime, my TSX bitch is better to remain in the 12 000 points.

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