The TSX closed this past Friday session slightly below the 22,000-point mark, leaving my non-registered portfolio at $134,175.97, my US portfolio at $5,730.56 USD, my RRSP stocks-only portfolio at $63,924.75, and my TFSA portfolio at $138,752.39. These days, I have been more focused on paying down my margin account debt, which is currently sitting at $6,800. Otherwise, I don't actively follow what's going on in the stock market, but I do check the TSX multiple times a day during weekdays, as usual.
Time is passing by quite quickly; it's quite strange to suddenly realize that we are already at the end of April! Time goes by quickly when you work full-time, and if I ever finish my day at 6 p.m. or later on some days, that really doesn't leave me much time to enjoy my evenings. Lately, I have been trying to go for some evening walks whenever I have the chance. If I have checked correctly, the month of May is going to be a very special one. I am expecting three paycheques, which are more than welcome. I will do my very best to bring my margin debt down to $5,000. I have been in Montreal for a couple of weeks now and I loosen up a little when it comes to my expenses, but I try to keep them under control. Many things that I like to do in Montreal are free anyway. Let's just say that I don't deprive myself of absolutely anything these days, especially not espressos, but only one a day - sometimes two but not very often.
When I look at my non-registered portfolio, I only have two stocks that are in the red zone: BCE Inc. (BCE) and New Flyer Industries Inc. (NFI). My investment in BCE was done not too long ago. I was thinking about proceeding with a contribution in kind with those BCE shares to have them transferred over to my TFSA portfolio with the other BCE shares that I hold. That way, all of my BCE shares would be together. I believe I still have contribution room left in my TFSA to proceed; I will have to verify that. Currently, my BCE investment in my TFSA portfolio is down by 30%. Currently, BCE's dividend yield is ultra-appealing, at 8.95%. In my opinion, I hold enough shares of BCE in my portfolio, and I am not looking to add more, even if that yield is quite something.
Last week, I recently invested in a few shares for my RRSP portfolio using the money coming from dividend distribution. I invested in JFT Strategies Fund Class A Units (JFS.UN), Parkland Corporation (PKI), TMX Group Limited (X), and Topaz Energy Corp. (TPZ). PKI and TPZ are old picks from Jean-François Tardif. I always enjoy adding some new stocks to my portfolio, even if I already hold many of them, in multiple sectors and businesses. What do I have to lose, if not "just" money, by trying out a new stock with just one single investment? Personally, I find it to be quite fun. When it comes to X, it's a stock that I hold in my non-registered portfolio (+190.79%), TFSA portfolio (53%), and RRSP portfolio (+13.54%).
Back in October 2023, I invested a very small amount in a very special stock named Ivanhoe Mines Ltd. (IVN). Currently, my investment in IVN is showing a beautiful gain of +91%! Trust me when I say, I only wish I had invested more in this one! I didn't know anything about Ivanhoe Mines until I heard Rick Rule talk about it on BNN Bloomberg's Market Call. I really enjoyed what he had to say. I usually don't invest in mining companies, but I certainly don't regret this investment. So thank you, Rick Rule. What a cool name, don't you think?
Also, in my RRSP portfolio, one stock that I feel is unknown and has performed well for me is Taiga Building Products Ltd. (TBL) (+24.81%). I am not especially a fan of gold, but I know it has its place in a portfolio. That's why I invested a little while ago in Sprott Physical Gold Trust (PHYS) (+16%).
In my TFSA portfolio, one stock that I didn't have any real hope for has performed quite well, and that's the Hamilton Enhanced U.S. Covered Call ETF (HYLD) (+14%).
Overall, I would say that I am doing alright.
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