Social Icons

Tuesday, April 19, 2022

Welcome in my investment portfolio, Whitecap Resources Inc. (WCP) and Parex Resources Inc. (PXT)!






I hope you had a happy Easter! Mine was nice, I was off on Friday. I got my chocolate on Sunday :-) We had a nice few days, which make it perfect for some walking. Here are a couple of pictures. As you can see, the river is about to flood. It will probably flood soon because we received some rainy snow today. Also today, the TSX made us the honor to close on a fantastic 22,018.82 points. That lead my non-registered portfolio at $148,739.70, my US portfolio at $5,220.13, my RRSP portfolio - stocks only - at $67,969.11, and my TFSA portfolio at $131,724.16. My margin account debt is currently at $46 130,21. Soon enough, it will be less than $45,000. The TSX performed well today, but who knows what the upcoming days will be like, no one knows.

I currently estimate my net worth to be in the $358,800. I am not missing much before I exceed my highest net worth of March 29, 2022, which was $358,941.11. I am currently waiting for my paycheck this upcoming Friday. If I am lucky enough, I may be able to have my hands on a pretty $360,000 net worth by the end of the week. That would be nice. I am also waiting for my provincial tax return to come in, but I will probably get it only by the end of April. I had received nothing so far and it's been a couple of weeks already. I am getting impatient Quebec. I WANT MY MONEY, let's go. I currently have very exactly $9,244.60 in savings. I want to build up a bit more savings for a few reasons, one being because my laptop is getting old and I will eventually have to buy another one. Not now, but eventually. This baby is I think something like 8 years old. I also have a few upcoming health appointments that will happen later on once I hit back in Montreal. I have my insurance at work that covers a big part, but I always have a part to pay out of my pockets. I haven't decided yet, but I may get my highlights done when I am back in Montreal, and that alone cost something like $170 - highlights alone. And that being only to cover up a few stupid little white hairs that I just cannot stand. But at least it last good for a while.

Now that I almost have a stock portfolio exceeding the $300,000, it's only getting easier and easier. For example, today, my stock portfolios grow by +1,152%. That may sound like nothing much, but that +1,152% represents a sum of over +$3,500, which I am far from earning that amount of money in one day at work... When your net worth increased to a couple hundred thousand, it's just the kind of crazy amount of $$$ growth you can experiment with on good days. For that reason, things are getting much easier, so I think about building up some savings, and I can think about RRSP contribution for 2022, even if we are still early in the year. I was thinking about taking two investments from my non-registered portfolio, New Flyer Industries Inc. (NFI) and Intertape Polymer Group Inc. (ITP), and having those two transferred over to my RRSP portfolio as a contribution in kind. I had never done a contribution in kind over my RRSP portfolio. I am not looking to proceed now.

For now, I haven't sold any of my Savaria Corporation (SIS) shares.

I had a few bucks available in my TFSA and RRSP portfolios, so I decided to make a small - a very small investment - in both Whitecap Resources Inc. (WCP) and Parex Resources Inc. (PXT). Yesterday, Jean-François Tardif was at BNN's The Open. You can watch the interview right here in case you miss it. Parex Resources Inc. (PXT) is a Brian Madden stock pick. I think my days when I was making bigger investments are for the immediate time gone. For once in my life, I am about to have 10k in my banking account in savings and that's enough for me. If we are going to hit on a recession in the next year or two, I don't want to be the stupid girl who had bought stocks at their highest price. I am just too smart for that.

No comments:

 

Thank you

Thank you for visiting!
 
Blogger Templates