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Friday, March 12, 2021

Surprise! I am now on my highest net worth value EVER: $287,914.75!

The 300k net worth is now just $12,085.25 away. Just for your information, this is what perfection looks like

The TSX closed today on an amazing 18,844.57 points, which have a great effect on all of my stocks, including my investments in Bitcoins ETF. Luckily enough, today is payday and I will be able to put $300 in savings and exactly $741.74 to pay down my margin. I don't exactly have any investment plan, with the exception maybe of Empire Company Limited Non-Voting Class A Shares (EMP.A). I listened to BNN lately and they spoke about this stock. But I feel the overall chart a bit rocky. I am not in a rush to invest in this one. While the TSX almost in the 19,000 points, this is just not the time to buy, and I am not just really into anything at this time.

My investments in Bitcoin Fund The Class A units (QBTC) and Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) are growing well.

For now, I am just enjoying the moment.


Get Rich Brothers said...

Hey Sunny,

Glad to find your blog through Tawcan's directory. Interested to hear your thoughts on further investments in crypto; I'm just taking a look at that now to possibly diversify my dividend growth portfolio.

Take care,

Sunny said...

Currently, I have two crypto investments that I hold in my TFSA portfolio:
Bitcoin Fund The Class A units (QBTC)
Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B)

Investing in crypto is riskier than anything else. In those two funds, I only invested an amount that I feel comfortable losing, just in case of bad luck.

Crypto investing is a big gambling game. There's good money that can be made on crypto, but you can possibly lose everything in case of a down turn.

Got to be careful with crypto, that's my best advice.

Thanks for reading.


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