Derek Foster stealing the show... at the MoneyShow

Today, Derek Foster was one of the speakers for the MoneyShow, which had for topic: "Canadian COVID-19 Market Update: Opportunities and Strategies for What Comes Next". Derek Foster presentation was: What Can You Do When the Stock Market Is Crashing? Derek really stole the show today! It was an interesting speech. It will be available on the MoneyShow's web site soon. Over the years, Derek Foster books really help me to establish my portfolio. It's actually how I started investing in stocks. I was going nowhere with my mutual funds and at the time, I just felt that there was a way to do things better. Investing in stock was my only option. If I wouldn't have invested in stocks, my net worth would currently be much lower. At first, I wasn't too sure on how to take Derek Foster books Stop Working, but I went in and it was all good after that. It was the little push that I needed to start investing in stocks. I planned to read his books back again, including Stop Working, which I didn't read in quite some time.

The current pandemic is helping me in many ways. I am spending a lot less, and I spend less in eating out, which should now be named eating in. For I don't know how long now, I usually get a hair cut every 2 months-3 months or so because I wear my hair quite short. But my problem is that my hair grows quickly. I have a lot of hair, and they are curly, which can get super missy. I think I had my last hair cut back in February, but it's not too bad, so I decided to let my hair grow. I also have some highlights done in my hair every 4-5 months, but I decided not to have highlights anymore, I am done.

I had been working from home since the beginning of the pandemic. And sincerely, I now prefer to work from home. To be at ease, I am only missing a printer, but I can work without one. It's just that sometimes, I would like to read on paper important instructions in hand, instead of having everything on one working screen. Working from home is better for me because that way I am tempted to buy any coffees, and I don't eat out. It's too easy to spend money while being in a workplace, at least for me.

I feel that I am getting back to the "old" me, when I was making little money, but I was saving money like crazy. I had months where I was spending less than $1 000, including rent. I used to be quite of a marvelous little saver. This pandemic actually put be back on my old ways. It's just that over time, while my net worth was increasing without too much help, I lose it up a little. At this point, I feel I am just kind of on a borderline. A net worth in the $200 000 is in a between being a lot, and not a lot. Now, it's easier for me to save some money, I will probably invest again soon enough. If only the TSX could go back to the 17 000 points, I could make it to the 200k. I am have been in the 200k for too long now, something has to move forward.

Look who's back in the 200k net worth!

I AM. FINALLY.

 

Thanks for today's wonderful gains, the TSX brought me in just where I needed to be. A $211,395.63 net worth is a nice step in the right direction. This is quite surprising, but if you had been investing in stocks for at least the past 10 years, you may have noticed that the stock market is always recovering quite quickly from whatever happens. And it seems to me like the stock market always trades at a higher value than what it should be. The stock market doesn't always react the way it should be. 

Currently, I have a few major problems with those 15,228.11 points. First of all, millions of people in both Canada and US are out of work. And most secondly, the oil price is low, and I guess we are still in a situation regarding oil. Anyhow, I stopped a long time ago just trying to understand the finance world, it's just a complete non-sense. I am just really happy with that $211,395.63 net worth, even if it's just doesn't make sense.

My debt situation on date of April 29, 2020

Margin account: $46 909 @ 4%
Annual interest: $1,876.36

Credit line: $5 000 @ 4.31%
Annual interest: $215.50

Total: $51,909
Total annual interest: $2,091.86
On the date of April 29, 2020

**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.

My investment portfolio on date of April 29, 2020

Cold cash: $2,490.76

Stocks and Units investment portfolio $CAN
Bank of Nova Scotia (BNS): $10,355.15

Methanex Corporation (MX): $2,407.26

Fortis Inc. (FTS): $7,118.08

Pembina Pipeline Corporation (PPL): $25,176.06

iShares S&P/TSX Capped REIT Index (XRE): $2,363.75

New Flyer Industries Inc. (NFI): $1,902.66

TMX Group Inc. (X): $974.08

K-Bro Linen Inc. (KBL): $2,701.00

TransCanada Corp (TRP): $1,687.25

Canadian National Railway Co (CNR): $10,602.90

Enbridge Inc. (ENB): $15,263.28

Emera Inc. (EMA): $1,434.00

BCE Inc. (BCE): $1,261.04

Saputo Inc. (SAP): $1,429.60

Loblaw Companies (L): $846.60

Savaria Corporation (SIS): $6,167.04

WSP Global Inc. (WSP): $4,643.00

Aphria Inc. (APH): $1,016.00

George Weston Limited (WN): $102.00

Rogers Communications Inc. (RCI.B): $1,779.90

Telus Corp (T): $2,082.60

Power Corporation of Canada Subordinate Voting Shares (POW): $2,053.80

TOTAL: $103,367.05

Stocks and Units investment portfolio $US:

Berkshire Hathaway Inc. (BRK.B): $1,512.56

General Mills Inc. (GIS): $1,928.96

Cash: $26.66

TOTAL: $3,468.18 US: $4 909,21 CAN

Tax-free savings account (TFSA):

Dumont Nickel Inc. (DNI): $12.92

CT Real Estate Investment Trust (CRT.UN): $1,311.00

Canadian National Railway Co (CNR): $4,712.40

Exchange Income Corporation (EIF): $29.71

Brookfield Infrastructure Partners L.P. (BIP.UN): $3,766.07

Brookfield Renewable Energy Partners L.P. (BEP.UN): $1,977.60

Andrew Peller Limited (ADW.A): $1,633.05

Toronto-Dominion Bank (TD): $1,206.60

Boyd Group Services Inc. (BYD): $5,841.00

Canadian Apartment Properties Real Estate Investment Trust (CAR.UN): $3,279.50

Data Communications Mgmt (DCM): $1.26

Morneau Shepell Inc. (MSI): $3,059.10

Royal Bank of Canada (RY): $5,742.10

Park Lawn Corporation (PLC): $1,351.20

Toromont Industries Ltd (TIH): $2,599.20

BCE Inc. (BCE): $515.88

Boralex Inc. Class A Shares (BLX): $1,112.00

Richelieu Hardware Ltd. (RCH): $1,221.30

Savaria Corporation (SIS): $817.60

Northland Power Inc. (NPI): $3,046.00

Calian Group Ltd. (CGY): $3,358.86

Canadian Utilities Limited (CU): $1,472.10

WSP Global Inc. (WSP): $2,321.50

Granite Real Estate Investment Trust (GRT.UN): $2,321.50

Cargojet Inc. (CJT): $4,091.61

Nutrien Ltd. (NTR): $2,562.50

TFI International Inc. (TFII): $3,183.20

Canadian Imperial Bank Of Commerce (CM): $2,562.30

SIR Royalty Income Fund (SRV.UN): $290.28

ATCO Ltd. (ACO.Y): $2,457.00

Aecon Group Inc. (ARE): $1,523.08

Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A): $2,786.16

Metro Inc. (MRU): $2,208.18
Alimentation Couche-Tard Inc. (ATD.A): $479.16
Fortis Inc. (FTS): $1,946.35
CGI Inc. (GIB.A): $1,763.00
TMX Group Limited (X): $3,044.00

(BIPC): $$408.10

Suncor Energy Inc. (SU): $449.99

Cash: $192.08

TOTAL: $80,988.44

RSP investment portfolio: 

Emera Incorporated (EMA): $16,863.84

Ovintiv Inc. (OVV): $158.55

Toronto-Dominion Bank (TD): $1,809.90

Telus Corp (T): $2,337.14

Royal Bank of Canada (RY): $1,766.80

Savaria Corporation (SIS): $2,359.36

Thomson Reuters Corporation (TRI): $3,592.08

Park Lawn Corporation (PLC): $4,504.00

Richards Packaging Income Fund (RPI.UN): $1,481.70

Toromont Industries Ltd (TIH): $454.86

CAE Inc. (CAE): $1,666.00

CGI Group Inc. Class A Subordinate Voting Shares (GIB.A): $3,085.25

Boralex Inc. Class A Shares (BLX): $1,390.00

Quebecor Inc. (QBR.B): $769.00

Logistec Corporation Class B Subordinate Voting Shares (LGT.B): $193.55

Brookfield Renewable Partners L.P. (BEP.UN): $1,252.48

Leon's Furniture Limited (LNF): $440.98

Bank of Nova Scotia (BNS): $347.10

Cash: $141.07

Total: $44,613.66

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $2,737.46

Energy and Base Metals Term Savings (Indexed term savings): $577.30

Natural Resources Term Savings (Indexed term savings): $502.45

NBI Income Fund: $ 1 373,81         

Manulife Fidelity NorthStar GIF CAP: $1 619,42

Manulife Simplicity Growth Portfolio: $1 350,62

Maritime Life CI Harbour Seg Fund: $1 185,94

Maritime Life Fidelity True North Seg Fund: $1 168,40

Manulife GIF MLIA B World Invest: $1 210,21

Total: $6,534.59

Other various: $15,120.07

TOTAL: $71,459.34

Social Capital at Desjardins Membership share: $35

Online money: $54.83

Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:

$263,304.63

On the date of April 29, 2020

New stock ideas: Innergex Renewable Energy Inc. (INE) and Sun Life Financial Inc. (SLF)

The TSX gains over 400 points this past Friday, closing the session on a good 14,359.88 points. Usually, in "normal times", a gain of 400 points is quite extraordinary, but in those volatile times, and since we went from +17 000 points to 11 000 points, and now up to the 14 000 points, in this context, a gain of 400 points is just what it is, a gain, a little move in a context of ultra volatility. We'll need a lot more trading days with gains of 400 points to get back in those old marvelous 17 000 points, but when it will happen, I probably will be in $300 000 net worth or really quite nearby or even maybe exceeding the 300k, considering my latest investments, which I consider as being excellent investments who will easily bring me to where my net worth belong: to the highest possible note.

In the meantime, my non-registered portfolio closed this past Friday session at $95,821.03, my TFSA portfolio at $77,287.68 and my RRSP portfolio at $43,144.35. I currently have $143.99 in cash inside my TFSA portfolio, coming from dividend distribution. The cash accumulates little by little, but at a point, it makes it possible to invest in a new stock using that money coming from dividend distribution. This down market makes it easier to invest because stocks had become cheaper, but it's however not a simple task to invest in such volatile market conditions that remain extra sensitive to anything and everything. Since I am almost 100% invested in stocks, the only way for me to go through this without being to badly hurt is to invest - again, again and again - in stocks, as much as I can, in order to get the most of what this down market has to offer. And of course, I am hoping that in a close future, the markets will go up again and reach - or exceed - the very good old 17 000 points.

Today was quite a strange day. Oil had now a negative value and despite that, the TSX closed today session still in the 14 000 points, more exactly 14,388.28 points. I guess the market was getting ready for such eventuality and that fact that it actually happens didn't hurt much.

Earlier this month, I came with a few interesting findings on Susan Brunner's blog, which conducted me to one of my latest investments: Power Corporation of Canada Subordinate Voting Shares (POW).
I am not just giving up yet and I am still looking around for new stocks to invest in. Other stocks that are included in that list caught my attention. For example, I wouldn't mind investing in Innergex Renewable Energy Inc. (INE), or even in Sun Life Financial Inc. (SLF).

I also had a look Ritchie Bros. Auctioneers Incorporated (RBA). I notice that stock before. And it,s now catching my attention because RBA lowest value, in the $38, was reached earlier during this current crisis, and it's highest value for the past 52 weeks was $58.94. Currently, Ritchie Bros. Auctioneers Incorporated (RBA) is trading at $58.30. It's quite interesting to see that despite the fact that we are still in this crisis, despite it all, RBA is still in his highest value for the past 52 weeks.

I now have a delicate net worth of 196,823.6‬0

I hope you all had a happy Easter. Usually, I always go visit my family in New Brunswick during this time of the year. I had been doing so for the past 8 years, ever since I had to leave New Brunswick behind to find work. I went outside for a walk and I found out that Second Cup was open, so I bought a coffee and it makes my day. Because otherwise, nothing much is going on, if not that I updated my investment portfolio and debt pages just for you to enjoy.

I usually published an update of my portfolio only when I have good results, but these days, I am doing it mostly only to have a better picture of where I am at with all this mess. My net worth is currently at $‭196,823.6‬0. I recognize in this the same situation I was in back on January 14, 2019, when I was on a tiny little $191 009.83. A few months earlier, back on August 3, 2018, I was experiencing my highest value ever, $257,187.44‬. This is simply to illustrate that no matter what, it worth it to hold on to stocks during downtimes. You should be selling your precious stocks only because the stock market is down.

This time, I was experiencing my highest value EVER back in February of this year, with a $257,187.44‬. And currently, my net worth is, like said, of ‭$196,823.6‬0. Just like last time, I expect my portfolio to make massive gains, despite that "this time" has nothing to compare to what we live back in January 2019. We will recover from this, the TSX is already on a recovery mode. We are no more in the alarming 11 000 points. I can easily handle a TSX in the 14 000 points, I don't have any problems with that. 

The stock markets have the capacity to recover from anything especially when the governments around the world are all injecting millions and millions, billions of dollars to help smooth up things. It's quite interesting to see that in times of distress, governments will do whatever it takes, not for their people, but for financial security, for the stock markets, in the name of the capitalist system we live in and in which I believe is powerful enough to drive me where I want to be. That being of course in the magic $300 000 net worth, but that sound to easy now. So I am switching it to half a million dollars NOW.

My debt situation on date of April 9, 2020

Margin account: $46 469.09 @ 4%
Annual interest: $1,858.77

Credit line: $5 000 @ 4.31%
Annual interest: $215.50

Total: $51,469.09 
Total annual interest: $2,074.27
On the date of April 9, 2020

**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.

My investment portfolio on date of April 9, 2020

Cold cash: $2 593.65

Stocks and Units investment portfolio $CAN
Bank of Nova Scotia (BNS): $10,256.70

Methanex Corporation (MX): $2,204.80

Fortis Inc. (FTS): $7,092.48

Pembina Pipeline Corporation (PPL): $21,383.95

iShares S&P/TSX Capped REIT Index (XRE): $2,379.25

New Flyer Industries Inc. (NFI): $1,711.95

TMX Group Inc. (X): $904.56

K-Bro Linen Inc. (KBL): $2,795.00

TransCanada Corp (TRP): $1,651.50

Canadian National Railway Co (CNR): $9,984.60

Enbridge Inc. (ENB): $13,797.84

Emera Inc. (EMA): $1,403.75

BCE Inc. (BCE): $1,261.04

Saputo Inc. (SAP): $1,354.00

Loblaw Companies (L): $862.92

Savaria Corporation (SIS): $5,802.72

WSP Global Inc. (WSP): $4,193.50

Aphria Inc. (APH): $880.00

George Weston Limited (WN): $103.23

Rogers Communications Inc. (RCI.B): $1,803.30

Telus Corp (T): $2,002.50

Power Corporation of Canada Subordinate Voting Shares (POW): $2,002.50

TOTAL: $95,832.09

Stocks and Units investment portfolio $US:

Berkshire Hathaway Inc. (BRK.B): $1,549.92

General Mills Inc. (GIS): $1,836.48

Cash: $26.66

TOTAL: $3,413.06 USD: $4 821,63 CAN

Tax-free savings account (TFSA):

Dumont Nickel Inc. (DNI): $11.48

CT Real Estate Investment Trust (CRT.UN): $1,301.00

Canadian National Railway Co (CNR): $4,437.60

Exchange Income Corporation (EIF): $21.50

Brookfield Infrastructure Partners L.P. (BIP.UN): $3,822.35

Brookfield Renewable Energy Partners L.P. (BEP.UN): $1,911.00

Andrew Peller Limited (ADW.A): $1,431.40

Toronto-Dominion Bank (TD): $1,204.00

Boyd Group Services Inc. (BYD): $5,313.90

Canadian Apartment Properties Real Estate Investment Trust (CAR.UN): $3,188.50

Data Communications Mgmt (DCM): $0.69

Morneau Shepell Inc. (MSI): $2,770.20

Royal Bank of Canada (RY): $5,729.10

Park Lawn Corporation (PLC): $1,131.60

Toromont Industries Ltd (TIH): $2,561.20

BCE Inc. (BCE): $515.88

Boralex Inc. Class A Shares (BLX): $1,144.40

Richelieu Hardware Ltd. (RCH): $1,080.08

Savaria Corporation (SIS): $769.30

Northland Power Inc. (NPI): $2,879.00

Calian Group Ltd. (CGY): $3,007.36

Canadian Utilities Limited (CU): $1,483.86

WSP Global Inc. (WSP): $2,096.75

Granite Real Estate Investment Trust (GRT.UN): $627.40

Cargojet Inc. (CJT): $3,367.19

Nutrien Ltd. (NTR): $2,570.00

TFI International Inc. (TFII): $2,740.00

Canadian Imperial Bank Of Commerce (CM): $2,583.00

SIR Royalty Income Fund (SRV.UN): $278.80

ATCO Ltd. (ACO.Y): $2,118.00

Aecon Group Inc. (ARE): $1,364.51

Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A): $2,793.57

Metro Inc. (MRU): $2,243.14
Alimentation Couche-Tard Inc. (ATD.A): $426.00
Fortis Inc. (FTS): $1,939.35
CGI Inc. (GIB.A): $1,677.40
TMX Group Limited (X): $2,826.75

(BIPC): $399.14

Suncor Energy Inc. (SU): $385.90 

Cash: $60.06

TOTAL: $76,212.36

RSP investment portfolio: 

Emera Incorporated (EMA): $16,508.10

Ovintiv Inc. (OVV): $128.10

Toronto-Dominion Bank (TD): $1,806.00

Telus Corp (T): $2,247.25

Royal Bank of Canada (RY): $1,762.80

Savaria Corporation (SIS): $2,219.98

Thomson Reuters Corporation (TRI): $3,571.56

Park Lawn Corporation (PLC): $3,772.00

Richards Packaging Income Fund (RPI.UN): $1,452.00

Toromont Industries Ltd (TIH): $448.21

CAE Inc. (CAE): $1,330.00

CGI Group Inc. Class A Subordinate Voting Shares (GIB.A): $2,935.45

Boralex Inc. Class A Shares (BLX): $1,430.50

Quebecor Inc. (QBR.B): $742.75

Logistec Corporation Class B Subordinate Voting Shares (LGT.B): $167.37

Brookfield Renewable Partners L.P. (BEP.UN): $1,210.30

Leon's Furniture Limited (LNF): $460.70

Bank of Nova Scotia (BNS): $343.80

Cash: $124.12

Total: $42,660.99

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $2,681.89

Energy and Base Metals Term Savings (Indexed term savings): $577.30

Natural Resources Term Savings (Indexed term savings): $502.45

GIC BN: $1 364.49        

Manulife Fidelity NorthStar GIF CAP B: $1 553,98

Manulife Simplicity Growth Portfolio: $1 315,91

Maritime Life CI Harbour Seg Fund: $1 159,39

Maritime Life Fidelity True North Seg Fund: $1 120,37

Manulife GIF MLIA B World Invest: $1 183,37

Total: $6 333.02

Other various: $14 625.93

TOTAL: $68 746.07

Social Capital at Desjardins Membership share: $35

Online money: $51.79

Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:

$248 292.69

On the date of April 9, 2020

Welcome in my portfolio Power Corporation of Canada Subordinate Voting Shares (POW) & Suncor Energy Inc. (SU)

Following my post of yesterday, I decided to invest in a few shares of Suncor Energy Inc. (SU) inside my TFSA portfolio. For my non-registered portfolio, I didn't go with Sun Life Financial Inc. (SLF). Instead, I invested in some Power Corporation of Canada Subordinate Voting Shares (POW) shares. Despite the hard times we are living in right now, POW recently declared a dividend increased, more exactly a 10.5% increase to its quarterly dividend. I decided to invest in both POW and SU as a little Easter gift, especially since I am stuck here in Montreal and won't be able to visit New Brunswick.

My non-registered portfolio closed today session at $93,859.64, my TFSA portfolio at $72,976.16 and my RRSP portfolio closed today session at $41,547.11. Today was quite exciting for the TSX. At a point, we were in the 14 000 points!!!

In search of the best anti-recession & anti-coronavirus proof free Canadian stocks

It's getting harder to invest in stocks these days. Stocks are cheaper, but this current situation makes it difficult to target good stocks to invest in. But don't you worry, I have it all figure it out, and just like usual, I am going to show off right here in my pink blog because without me around, you'll be totally lost, which isn't a shame.

I was thinking of Loblaw Companies (L) as my next investment, but L stocks are not cheap, and the dividend return is quite little. I would like a nice sharp investment just the way I like it, that pay a nice, but reasonable, dividend distribution.  For my next investment, REITs are out of the question - businesses, just like too many normal individuals are going to experience some difficulties to pay out rent. The oil sector is risky, and I am already invested enough in the energy sector, especially with my investments in PPL and ENB. Anything involves in the airline industry is a big no-no. Today, a stock that I hold in my RRSP portfolio, CAE Inc. (CAE), had suspended their dividend distribution and proceed with a massive laid off. You need to be aware of what's going on and keep informed with what kind of moves the companies you are already holding on to in your investment portfolio are making, so you can act like a smart investor, who's desperately trying to keep in control no matter what.

Things are getting a little bit better. The TSX began the week on a high note. In result, my non-registered portfolio closed today session at $91,862.64, my TFSA portfolio at $71,876.06 and my RRSP portfolio at $41,337.98. I have almost $500 accumulated in cash coming from dividend distribution inside my TFSA portfolio. I may invest that little sum in Suncor Energy Inc. (SU), I am still thinking about it at this time. And that's only because Derek Foster announced not so long ago that he had invested himself in some SU stocks. And what Derek Foster does, I do it too - most of the time. But I also like to search for myself (and my readers) for stocks that could potentially become my next investment. To do so, I need substance to work on. In the past, I had Stockopedia, which I don't have any more to consult and browsed pages and pages of screens.

This evening, in my desperate search for stocks, I stopped by Susan Brunner blog and I click on this magic link right here. I came with this list:

Waste Connections Inc. (WCN)
Sun Life Financial Inc. (SLF) 
Stantec Inc. (STN)
Shaw Communications Inc. Class B Non-voting Shares (SJR.B) 
Rogers Sugar Inc. (RSI) 
Ritchie Bros. Auctioneers Incorporated (RBA)
Power Corporation of Canada Subordinate Voting Shares (POW)
PFB Corporation (PFB)
Parkland Fuel Corporation (PKI)
ONEX Corporation Subordinate Voting Shares (ONEX)
North West Company Inc. (The) (NWC)
National Bank of Canada (NA)
Kirkland Lake Gold Ltd. (KL)
Keyera Corp. (KEY)
Intact Financial Corporation (IFC)
Innergex Renewable Energy Inc. (INE)
iA Financial Corporation Inc. (IAG)
FirstService Corporation (FSV)
Enghouse Systems Limited (ENGH)
Canadian Tire Corporation Limited Class A Non-Voting Shares (CTC.A)
Canadian Pacific Railway Limited (CP)
Allied Properties Real Estate Investment Trust (AP.UN)
Alimentation Couche-Tard Inc. Class B Subordinate Voting Share (ATD.B)
Algonquin Power & Utilities Corp. (AQN)

This is a first list that I want to check in closer. I can say that I currently have an interest in Sun Life Financial Inc. (SLF).