The TSX is making a comeback in the 12 000 points. Hourra!

I was SO in need of this. I am quite busy during the day, even if I work from home. I just have no time to run at the bank to borrow money on an extra credit line to save my margin situation. With a TSX in the 12 000 points, I am now in much better shape. My non-registered portfolio closed today session at $78,593.22, my TFSA portfolio at $66,257.52 and my RRSP portfolio, stocks only, at $37,839.77. From now on, let's hope that the new usual for the TSX remains in those 12 000 points.

Other than those 12 000 points, today, I learned something nice: Telus Corporation (T) went under a 2 for 1 stock split! As you might know if you are a long time reader, I adore, no, I JUST LOVEE stock split. Most of the time, the value of a stock swore following a stock split. I am looking forward to invest in some Telus Corporation (T) stocks and this is going to be great! Susan Brunner announced on her blog that she recently invested in some TFI International Inc. (TFII). I understand the logic behind that investment, TFII being involved in the transportation and logistic sector. We need companies like TFII for the transportation of goods. I had been holding on to some TFII stocks for a while now and I find the title to be volatile, even in easy times.

I don't believe that this epidemic will last for really long. They're just too many efforts put worldwide in other to beat the beast. It may go on for a couple of weeks, couple of months, but after what, it will be a super spending rally, people will travel and spend money like crazy again. Personally, the hardest thing is not being able to go to the gym. I go for a walk after being done with work, but walking is to slow, boring up to a certain point and doesn't burn me up the way I need. Sure, I could do some jogging, but it's not the ideal weather yet. I guess at one point, it will be a big f off and I will go and jog jog jog :-)

In the meantime, my TSX bitch is better to remain in the 12 000 points.

Terrible shitty shitty day for my investment portfolio

The TSX lost again some major points today, despite many announcements that been made in both US and Canada. For now, it's really one day at a time on the stock market. Surprisingly, I am taking the hit without too much stress. It's not something that keeps me awake at night. My non-registered registered portfolio closed today at $73,068.69, my TFSA portfolio at $64,171.65, and my RRSP portfolio, stocks only, at $37,822.18. I am in a delicate situation regarding my margin account. I only have left available less than $13 000 in margin cash, this is quite a low amount. I had times when I only had 15k available, but my best number to feel comfortable is between 15 to 20k, and the more is even the better. I do transfers morning and evening, from my credit lines to my margin account, it's a quick 15k that I have available that way. I have access to another $10 000 credit line that I can use, but I will need to go to the bank to use it. The interest rate on that credit line is actually of 6.95%. 

If the TSX loses again points tomorrow, I will need to act, and act fast. But each day being different, let's just pray that I won't have to go out and have a deadly face-to-face with a coronavirus. I actually do go out, just for a quick walk around, but being in a public place, like a bank, doesn't feel like a right place to be. I always have as idea to wake up early in the morning to go for a walk. The morning would be the best time, but it's just too hard. I never been an early bird. Mornings were made to sleep, end of the discussion. The best would be one walk in the morning, and another one once I am done with work in the evening.

These days, the TSX offers great cheap stock. However, I feel that there are some stocks that need to be avoid: the oil and gas stocks, and any stocks related to that sector. For example, Bank of Montreal (BMO) is severely exposed to the oil and gas sectors because as a bank BMO had loaned money to many companies operating in the oil and gas sectors. Among the Canadian banks, BMO has the biggest exposure to those types of loans. For that reason, Bank of Montreal (BMO) needs to be avoided at any cost. In the other hand, stocks like Metro Inc. (MRU), Fortis Inc. (FTS), Calian Group Ltd. (CGY), stuff like that. 

It's just quite difficult right now to be stuck in between the temptation to invest more and my desire to save my margin situation. And that because these days, I am getting poorer and poorer...

Richness now is in toilet papers and Purell, no more in stocks

This weekend, I updated my investment portfolio, and I updated my debt situation today. I didn't post anything else this weekend because I got busy shopping around, it was almost exhausting. My goal was to have enough to cover my needs for one month, which I more or less succeed despite all the money I spent. I would need more fruit and vegetable canes, and also something to drink like maybe Gatorade or something like it. However, this is not a real problem because I live quite close by to grocery stores and others. While packing reserve like this, it seem like I always have something missing. This past weekend, I knew there was something about toilet paper, and I was able to get some on Saturday, but later during the day, all toilet paper was well gone. This toilet paper thing is even a problem that my old folks are facing in New Brunswick. I wasn't able to find any Purell, but I don't mind that much because luckily, I can work from home.

This Friday, I had borrowed 5k from one of my credit line. This is a desperate measure to secure my credit line at an interesting rate. The only problem being that the minimum payment required on that credit line is $300 per month, on the 3th of each month (I was able to pick the date) which is a lot, but I plan to withdraw that $300 paid at the beginning of the month at the end of each month. Today, the TSX plunged again. My non-registered portfolio closed today session at $81,314.68, my TFSA portfolio at $68,023.96, and my RRSP portfolio stocks only at $38,173.18. For now, it's pretty much a day at a time. I will try to invest along the way. And when I will do so, I will invest inside my non-registered portfolio, in order to help my margin account case.

Gyms are closed, among others, which is too bad. Since I am working from home, I will try to get up early so I can take a walk before beginning work, and another walk when I am done with work. If I don't do that, I will gain weight. Despite it all, spring and summer are comings. While at the gym, I could easily burn 600 calories in one hour up to 900 calories in one and a half hours. I won't be able to burn 600 calories only by walking for one hour. For that reason, and also because I want to stretch every dollar spend in my food haul of this weekend, I am more controlling the portion that I eat. 

My debt situation on date of March 13, 2020

Margin account: $41 902.84 @ 5%
Annual interest: $2,095.14

Credit line: $5 000 @ 5.13%

Annual interest: $256.50

Total annual interest: $2,351.64

On the date of March 13, 2020 
  
**For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.