My debt situation on date of February 5, 2020

Margin account: $47,055.01‬‬ @ 5.50%    

Annual interest: $2,588.03 
On the date of February 5, 2020  

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

My dirty little secrets about my margin account: the true and only the true

It's unfortunate, it was going to happen sooner or later, but yesterday, the TSX lost 122 points, but today, the TSX gains 58 points. At now 17 500, the TSX is not in bad shape. The damage made by the coronavirus to my portfolio is minor, at least for now. My non-registered portfolio closed yesterday session at $122,720.67, my TFSA portfolio at $86,419.31, and my RRSP portfolio at $50,806.35. Today, my numbers are on a higher note. My non-registered portfolio closed today at $123,180.46, my TFSA portfolio at $86,683.45, and my RRSP portfolio at $50,952.25.

I still have a close to 4k in cash inside my TFSA portfolio that is only waiting for me to be investing. These days, I am always facing the same things over and over again. I have to say, I am still watching closely Lightspeed POS Inc. (LSPD) from time to time. Yesterday, LSPD lost 7% in value, and today, the title gains 5%. LSPD is the perfect stock for day trading or performs what I like to explain as hit-and-run hot moves. With such moves, you buy, but only to obtain one thing: quick hot cash. While facing the coronavirus, the stock market remains volatile and is quite sensitive to the situation. But on the other hand, it's quite boring to have some cash in my TFSA portfolio account, doing strictly NOTHING. That coronavirus is not scary me, but I won't visit China anytime soon. Asia doesn't interest me, the exception maybe of Japan.

A good thing about speaking French is that it allows you to read documentation written in both French and English. Currently, I do not have access to Stockopedia and I am kind of lost, I just don't know what to invest in. The tool I had been using for something like 3 years had been taking away for me. Well, take that little Ukers, I don't need you, I have absolutely everything I need straight in my face. Inside my RRSP, I had been holding on to CGI Group Inc. Class A Subordinate Voting Shares (GIB.A) for a couple years and alone, CGI Group Inc. had been one of my best investments. And today, I read this French article in La Presse. Take a wild look at this beauty, the overall chart of
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A):

Have you ever seen a better chart? Simply amazing! While I am desperately trying to find a new investment for my TFSA portfolio, why not being smart and invest in a solid rock like GIB.A, instead of investing in a stock like Lightspeed POS Inc. (LSPD), who's more of a stock for players than a stock for investors. You needed to see this for yourself, I do not need Stockopedia, I do not need it at all. I may place my investment move tomorrow in GIB.A, but nothing is 100% sure. GIB.A is not paying dividend, it might be it's only negative point.

Other than that, another real fantastic stock of mine is performing quite well these days: Metro Inc. (MRU). Today, MRU announced an increase of their dividend. MRU is another great stock to invest in. Actually, I could do an half-half with GIB.A for my TFSA portfolio.

As for the dirty secrets, my confession: I basically used my margin account like my banking account. I used my margin to pay my expenses, and whenever I received paychecks, I pay down my margin.

 
With my upcoming paycheck, my savings will raise to 4k, and it will be great.

Those days, Canadian investors are being treat well by the TSX - and that include ME

My TSX closed on a good 17,621.78 points. Today, it was only a 21.92 points gain, but in my world, any gain, no matter as small as it can be, worth celebrating. Don't you ever forget that everything that go up, sooner or later can go hit the ground in a matter of nothing at all, just to smash you down. I may be getting closer to my first $300 000 - this sounds quite good - but it's no time to get arrogant. For the TSX, the 18 000 points are no longer that far away. And it's what I need to hit on my magic number. Let's not forget that I currently need less than $48 000 to make it happen. 

With a potential epidemic crisis coming straight from China, I am not quite sure if this is the right time to invest in anything new. And guess what, I don't even feel into investing in something at the present time. Nothing is really moving me. Things can remain as they are for my portfolio because everything is ok. My investment portfolio is much more than just a gorgeous thing that I keep exhibiting over, over and over again my blog. It's all heart and soul. In my case, my portfolio is a work of art and perfection had almost been reached. I may post another update my portfolio this weekend - again, if the TSX closed tomorrow on a gain, no matter how big, or how small. I am simply asking for a gain.

I know that rather than having a 4k in cash laying in my TFSA portfolio doing nothing, I should get it transferred over my non-registered to pay down my margin, but as explain previously, owning money inside a TFSA portfolio is a privilege, it should remain there. I do not believe in RRSP. RRSP is a trick that the government came with to make even more money on the back of poor citizens. Once you retired, you have to pay huge amount of tax on that money. Sooner or later, you have to pay. I only contribute to my RRSP via my job, but other than that, I won't ever contribute of my hard earn money to a RRSP. It's way better to use the TFSA and non-registered portfolio. That way, you can do whatever you want with your money, and you can benefit from it whenever you need it. I regret investing that much in my RRSP portfolio. I would have like to have it inside my TFSA or non-registered portfolio instead. RRSP is nothing more than bullshit.

Celebrating my $251,997.99 highest net worth value EVER with... a Conair Unbound Cordless Curling Iron!

This week had been quite amazing for my portfolio. Day after day after day, my portfolio followed the TSX and simply did what it needed to do: skyrocket high. It's been a fun past week. I do not remember experiencing such growth in a short period. Actually, I do not remember having my TSX on such positive gains for that many days in a row. Days like that need to be enjoyed and remembered as happy ones, because you never know what is going to happen next for the stock market.

While I was freezing in Montreal today - I am quite sensitive to the cold weather, despite being a cold bread New Brunswicker - my TSX did it again! Today, the TSX closed on a positive gain, at now 17,597.39 points, my TSX is better than ever. I didn't have time to write anything about it this past weekend, but you may have noticed, I published - again - a portfolio update. And the good news is that I am currently on my highest value EVER: $251,997.99. To celebrate my first $250 000 net worth value that I reached just a few days ago, on January 16, I bought myself... A MEGA HUGE DIAMOND RING lol. Na, just kidding..... But I did buy myself a little treat. I bought a cool gadget for my hair: the Conair Unbound Cordless Curling Iron.

As you can see, it's a must-have, even for girls who have curly hair like I have. It's nice to have some define curls withing the hot mess of hair. I bought mine at Shoppers, paying $140+ taxes for it, but it's money well spent. I just adore my new Unbound Cordless Curling Iron. I like this tool because it's quite quick to heat on and making amazing curls is easy as 1-2-3. Another thing that I love is that you cannot burn yourself by using this curler.

On this amazing day for the TSX, my non-registered portfolio closed today session at $123,112.64, my TFSA portfolio at $86,822.18, and my RRSP portfolio, stocks only - $50,321.30. During that time, Jean-François Tardif's JFT Strategies Fund (JFS.UN) is not even strong enough to be able to make it to the $15 per unit. I mean, come on! I am glad not to hold any JFS.UN in my portfolio. I want to hold to the best of what the TSX has to offer, and that excludes  JFT Strategies Fund (JFS.UN. Smart investors don't invest in some funds that are managed by Quebec managers. It's quite an easy task to figure out bad investments from a good one. Fact that Jean-François Tardif is a well-known investor doesn't change the fact that his JFT Strategies Fund (JFS.UN) had been made for morons only, which may be strictly for Quebecker investors ONLY. I clearly see where I don't want to see my beautiful money in, but it's quite harder to find what to invest that cash that I hold inside my TFSA portfolio. I have close to 4k in cash in my TFSA portfolio, and I just have no clue what to do with it. Jean-François Tardif is of no help at all. In a portfolio, there's just no place for mediocre fund managers like Tardif. Don't get impressed by the look, the speech, the manners. What you really need out there are investments that will who are stronger then you are. No time for bullshit like JFT Strategies Fund (JFS.UN).

For I think the first time of my investment life, I am in no rush to invest my money in something new and I just don't care much. It's quite unfortunate, but I no longer have that $4,942.63 in cash inside my savings account because I had: to pay my rent, and pay some credit card bills. So there will be no diamond ring, too bad! :-))))