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.