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Wednesday, June 3, 2020

Welcoming a new investment in my RRSP portfolio: NBI Income Fund

Yesterday, I couldn't resist, I had to update my portfolio to check out where I was out. I closed yesterday session with a net worth of $218,183.84. I will try to update again my portfolio this evening because I am pretty sure that right now, I may be in the 220k net worth. Just in case you didn't know, the TSX closed today session with a good 15,575 points!!!

The markets are going up, despite the recent sad event that conducts to the killing of George Floyd by a policeman. Despite the protests that are still going on in the US, the markets are doing quite well, and the TSX is no exception. And it's quite strange, knowing what is going on. Personally, I think that those protestations are of a necessary need, so that in the long term, problems get resolved in the US. Like too many times, Donald Trump is not exactly taking the correct action to address the situation properly. In those times, every country needs a strong leader. But the problem with Donald Trump is that he's too strong and he always does things his own way, without caring for the opinion of others. He's so indelicate, it's not his fault, it's in his nature. We could have thought to easily that following Barack Obama's term, racism would have decreased drastically in the US. It may have helped up to a certain extent, but it seems like too many people are still suffering from racism, and even here in Canada. However, I like to think that the situation is better here in Canada.

I don't know if you ever check very carefully my portfolio updates, but a couple weeks ago, I had a new investment in my RRSP portfolio: NBI Income Fund. I had a certificate that had expired and I reinvested the money in a low-risk mutual fund. Nothing exciting, but not to break the protocol and bring me my usual good luck, I decided I had to welcome NBI Income Fund inside my investment portfolio. A good thing had been done and now completed.

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