For the inauguration of Joe Biden, the TSX decided to close this trading day at 18,021.46 points. It was a nice ceremony, very touching. It felt good to see everyone assisting to the ceremony wearing a mask. Seeing Joe Biden and other high ranks politicians all wearing masks, I find it quite respectful. It was annoying to watch Trump and his family moving around without a mask, like if we were dealing with nothing... The members of the Trump family were all so arrogant and disrespectful. Enough to drive everyone crazy.
I think the presence of Joe Biden as President of the United States will make a huge beneficial difference in this world. International relations will from now on be much easier, in a calmer atmosphere and with much more respectful manners. Strangely, it's already beginning to feel lighter, much more viable. Trump's leadership style was way too much aggressive. Way too many Tweets, with information going on all over the place... It was difficult to follow and stressful. While facing difficult times like we are right now, we needed someone like Joe Biden. He's the man of the situation. I know his election is not good for our oil sector, but it's time to move on in other directions.
For the past couple of days, Park Lawn Corporation (PLC) had caught my attention. Today alone, Park Lawn Corporation (PLC) gains +4.836%, for no obvious reason. I own some PLC shares in both my TFSA and RRSP portfolios. I found that great stocks a few years ago on Stockopedia, in 2016. I like PLC! This kind of reminds me of Boralex Inc. Class A Shares (BLX), when it started trading in the $30, in the $40, and finally.. $50... It's almost feeling like it happens like magic, overnight. As for Park Lawn Corporation (PLC), I am also really proud of my Boralex Inc. Class A Shares (BLX).
With today's celebrations, I hope that today was going to be my independent day, meaning that I was hoping to sell The Ether Fund Class A units (QETH.U) at profit. Yesterday was a good day for QETH.U, and I was hoping to have another good day today at the opening, but it didn't happen. Currently, Ethereum is trading at -2.71%. The market opening is always the most important time. I always check on QETH.U at the opening to see if I am in a good position or not. The only thing I want is to sell at profit, make my money, and bye-bye. But this is now taking longer than anticipated.
Today at BNN Bloomberg's The Open, Adam Johnson, founder and author at Bullseye Brief, was a guest and he said the following, which capped my attention: "Markets like clarity". Really? From my perspective, it's mostly the complete opposite: markets like chaos. Maybe with Joe Biden, markets will start to like clarity. It's just that we had been put on steroids for the past 4 years with Trump. We'll need a period of adjustment to understand what is going on. For me - despite being a tiny little small investor - having Biden as President is like a stress reliever. It's a revelation,
This morning at The Open, Adam Johnson explained that for his investments, he always sets a price to sell, and he always partly sell his investment once his set price is being reached. I find that tactic being quite interesting, but I cannot imagine myself partly selling stocks like Park Lawn Corporation (PLC) or Boralex Inc. Class A Shares (BLX) that I care about. I guess Adam Johnson's way of doing it for professionals that don't live for their stocks. I have other things to do in life other than selling my babies. No no no.
I had talked a lot about The Ether Fund Class A units (QETH.U), which trade in US dollars. Recently, 3iQ launched an Ether fund, but that trades in Canadian dollars - The Ether Fund Class A units (QETH.UN). 3iQ TV commercial plays once in a while at BNN Bloomberg. I hate it when I hear their: "If you like gold, you'll love Bitcoins...." Thanks to the Bank of Canada, interest rates are remaining unchanged, which makes it easy to invest on margin if needed. No matter what, you should invest your money carefully. Yes, I decided to invest in The Ether Fund Class A units (QETH.U) - but it's only to sell it as quickly as possible at profit. I have no real interest in QETH.U. For the first time in my life, I am investing like a man: no feeling, no interest what so ever. Only for money. And while dealing with crypto, you should do the same, and only invest an amount that you can afford to lose. It's better to stay on the safe side when it comes to stuff like The Ether Fund Class A units (QETH.U) or The Ether Fund Class A units (QETH.UN).
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