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Wednesday, March 2, 2022

Today, my net worth closed the day at $344,906.74

Yesterday during the day, my non-registered portfolio exceed the $140,000 value. And today, when my non-registered portfolio closed on a $142,522.49 value, I knew I just had no choice other than to update my investment portfolio. So I did. But it didn't really worth it because I didn't exceed my highest net worth ever, which I reached back on February 9 of this year, with a $345,622.80 net worth. Today, my net worth closed at $344,906.74. My margin debt is now at $45,481.74. The way my numbers were looking today, I was under the impression that my net worth was in the $346,000, but it wasn't the case. At least now I know how much my current net worth is.

The TSX closed today's session on a good 21,255.64 points. As you might know by now, the Bank of Canada raised its lending rate by 25 basis points. It was about time. With inflation ruining our lives, the federal government had been quite slow in taking action. Usually, when we take about the interest rate being raised, the stock market responds negatively, but this time, the opposite happens. I guess investors are all happy about this. A 0.25 is not an enormous increase. I doubt it will be enough to control inflation. It really started feeling like the government is not going much for its citizens. 

I feel in-deep laziness in the government Trudeau, who's just never good enough in order to deliver anything properly. Justin Trudeau is just a pretty guy standing there, doing nothing to protect our interest. Those who vote Liberal should be put into shame. Justin Trudeau's government is of extreme laziness, but I know I am not. And this investment portfolio of mine is slowly beginning to really deliver and had just started its true colors. I don't have any problem imagining this exact same investment portfolio getting me in the $400,000 net worth. I am just simply too close not to be there yet. It's just a shame that I haven't been able to make it to the $346,000 net worth today.

Anyway, a stock that I hold inside my TFSA portfolio, Aecon Group Inc. (ARE) announced today a dividend increase, which is always fun to have as news. I am now missing less than $100 in order to reach an annual dividend income of $11,000. I can easily get on an $11,000 without doing nothing, while letting my DRIP do all the hard work for me. I estimate to earn around an extra $250 annually in dividend money coming from my DRIP, which is pretty good.

For the next couple days, we'll have to see how this war between Russia and almost the rest of the world evolved. Russia is pretty much alone now. And while it's happening, the strangest things happen: Bitcoins are growing stronger, and so does my portfolio.

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