Introduction: I hope you all like my blog fresh new skin because I do. From pink to purple.
Are the good old trading days are gone forever? Don't tell me. I don't really want to know. In those good old days, I used to invest, and shortly after, the investment was easily gaining in capital gain. But its not the case anymore. A little while back, I invest in Canadian Imperial Bank of Commerce (CM). So far, I lost 1,91% on the investment.
My non-registered portfolio close at a very poor $121 492.37. Back on April 2015, I used to have 205 871.46 in total assets. I had a net worth of close 140k. Everything was all right. But now, I have to deal with the stock market ups and downs. Its not easy. Its not even fun anymore to invest, but I told you that before. And the upcoming elections are not going to be of any help. Stephen Harper is done.
Liberals like NPD want to cut down our TFSA contribution from $10 000 to $5 500. So now, I am a rush to find money to invest in my TFSA and I feel somewhat confuse. But I know that I will need to take money from a credit line to make it happen.
Natasha St-Pier is an Acadian singer from the north of New Brunswick. She's best known for her romantic slow songs. There's currently a polemic surrounding the release of her latest video for the song Tous les Acadiens (a rough French to English translation could be: All the Acadians).
Natasha St-Pier is more famous in France - and its a really good thing for her. In France, people don't really understand who are the Acadians. In this video, Natasha St-Pier appears wearing a full headdress that normally, is only being wear by native American people.
In New Brunswick - among other places where Acadians can be find - white Acadians do not dress like native folks for fun. My personal problem is that its not ok for white people - Acadians or not - to dress up like native American people when they are not native themselves. I find it very disturbing.
In the video, not only that Natasha St-Pier is dress up like a little Pocahontas princess, but in some scenes, she's surrounded by dream catchers. In another scene, Natasha appears in a birch canoe... Come on! French of France are going to love this, but Acadians and Native people - so far, they don't like it that much.
I really like the reaction of Marie-Jo Thério to Natasha St-Pier Tous les Acadiens video. Thério said that its a commercial video basically design to please St-Pier oversea public.
If you want to know what a real Acadian singer look and feel like, Marie-Jo Thério is a killer. This is real, but Natasha St-Pier is not. Not exactly that she's not real, but she's mixing up badly stuff that don't belong to each other. I wouldn't mind if she would be native, but she's not. Its offensive.
Its hard not to cry when you hear Marie-Jo sings Evangéline... She understands what she is singing.
I once saw Marie-Jo Thério at a St-Laurent Montreal restaurant once. Unfortunately, I left her alone, I should had asked an autograph. Maybe next time. :-)
There's a few movies that can be really intriguing and leave a strong impression on me. Those movies are almost always some very old movies, which had been produced way before the 1980s. Rear Window of Alfred Hitchcock featuring Grace Kelly is one of those movies. You can watch them several times, and each time, the pleasure is renew.
The first time I saw Read Window, it was at an outdoor screening during the Montreal World Film Festival. And I adore. We keep watching the same bad crap at TV, I wonder why they don't show those marvelous movies.
Cineplex - a stock that I hold inside my non-registered portfolio by the way - understood it all and have a Classic Film Series. In September, Cineplex scheduled two FREE screenings of Rear Window: one was today. And I was there today, enjoying a free movie. The second screening will be on September 21 - its not to be miss.
I really like the Classic Film Series of Cineplex. Usually, the movies showed are not free, tickets are only $6. Back in 2014, I went to the screening of Gone with the Wind. It was in celebration of its 75th anniversary.
Another great old movie I saw recently was Doctor Zhivago Montreal World Film Festival.
These days, expectations need to be put low. As soon the TSX gains, let say 20 points, or even 38 oh wait, 38.ZEROFOUR like today, we should all get very very excited. These days are not to be for investors. And it's not a good time to be an investors. Its almost hopeless. Today small gains are the only thing we can bounce of joy on. Chitty market day like any other days.
To continue on the post of yesterday because today I have nothing to say regarding the TSX or my portfolio, I am totally in favor of a $15 an hour minimum wage. It would be a revolutionary and a beautiful thing to do for Canadians. Its seem like generally speaking, Canadians do not give a shit about anything. We are not a country of warriors, we are not strong in our believe and we don't care about our next neighbor. A $15 minimum wage would represent a powerful tool to motivate those who are voluntary unemployed to get back in the workplace. A $15 wage is a tool for integration and to push away poverty. Its not already fun to work in a call center or in a fast food restaurant. But no matter what, any individual need to make a living.
By increasing the minimum wage, we are giving the chance for a better future to any Canadians, no matter what. Imagine different scenarios: university students working part-time during school year and full time during the summer; refugees holding on to their first job in Canada; new grads who cannot find right away a job in their sector... and so on. Wouldn't be a wonderful things for those people to earn a decent salary - a salary that they can actually live on without having to visit food bank.
Do we care enough for each other to give a minimum of dignity to all workers, no matter where they live Canada? I really want to see this happen for real, no matter how individualist can be our modern society.
October 19. Remember that date... Its election day in Canada.
I got all excited today when I saw that the TSX was going all way up. At least it was during the morning. After what, I was crossing my fingers for my non-registered portfolio hit on the 125k value - wouldn't that be cool? Finally, I was going to breathe again. Just like some other days, the stock market is not giving me the princess treatment. My non-registered portfolio finished the day at $122 785.93.
A TFSA with a contribution limit of $10 000 won't be enough for Stephen Harper to stay in power. I understand that if "Tom" Muclair get elected, investors will have to say good-bye to the extra 5k Harper gave us a few months ago. But if its to see the minimum wage salary going up to $15 per hour in Canada, I won't have any problem to go back down to an annual investment of 5k inside my TFSA.
An annual salary of $29 250 before tax should be consider the minimum livable in Canada. Only for that point alone, Muclair is winning my vote. As announced, I will vote for Hélène Laverdière, maybe not on October 12, but certainly on October 19.
With today great gains on the TSX, my non-registered portfolio closed the session at $122 985.71, its encouraging of course, but I am still far behind the 135k I used to be. On October 12, 2015, it will be elections day in Canada. Four years ago, I had voted for NDP Hélène Laverdière. I was strong in my believes. I wanted to kick Gilles Duceppe out of the federal politic - a place where he doesn't belong. Hélène Laverdière won the elections and Gilles Duceppe retired from the public life after ruining the Bloc Quebecois. But 4 years after, the old man wasn't hurt enough because we still are seeing his old and ugly face in the media.
I never understand why our ultra modern Canadian society accept the existence of a lonely provincial party. The Bloc Québécois only exist to but shit on the face on Canadians. Why in hell do we accept that? I guess its now common to see Quebeckers as selfish individual, but I will never get use to see lonely Bloc Québécois leaders fitting against Canadian interests, for the good common of all. I hope that once again, Gilles Duceppe will be beat up by Hélène Laverdière - one more time bitch! YEAH!
I am very proud of Hélène Laverdière and she's doing a fine job. So I will be voting for her on the big day, no doubt about that. But for the bigger portrait, when it come to who will be our next Prime Minister, I have to say, I have doubts. both Liberal and NDP parties want to reduce the contribution room of the TFSA from $10 000 to $5 000. This is not working well for me.
Investors, even the very small ones like myself were all super excited when Stephen Harper announced an increase of 5k to the annual TFSA contribution. I still have a TFSA contribution room left of $19 625.93. I have until October 12 to maximize my TFSA because after that, good-bye to the old $10 000 annual TFSA.
I know, life suck sometimes like that but I am still wonderful.
This is my first ever post as a... 35 years old. On my birthday, which was on August 27 in case you miss it, I knew that the world wasn't going to give up on me. My non-registered portfolio close that day session at $123 837.35 - way better than the $118 000 I was sitting on just a few days ago. This is just how difficult the markets are to follow these days. And it can be hard on the nerves. The only way to survive is to keep holding and invest while the markets are not. No one should ever sell investment under panics, but that is more easy to say than to do.
Fortunately enough, I never sell stocks while facing a major correction. Holding on is the only way to move on and to face better days. On my birthday, the TSX gain points. I was happy of course, and I decided to invest in something new, so I decided to invest in Canadian Imperial Bank of Commerce (CM). I still have contribution room inside my TFSA, but because the TSX is so volatile right now, I only wanted to add a new investment to secure my margin situation, which is directly link to my non-registered portfolio.
My margin is on a delicate situation. I have $11 500 of usage left on it. Its enough to cover these bad trading days, when my portfolio lose in value. But its barely enough because we never how bad things can go. There's just too much of volatility to be able to say how much is needed to be safe. The only way to be safe is not to use any margin money at all. Unfortunately, it is not my case.
I invested in Canadian Imperial Bank of Commerce (CM) on my birthday, but I still have an interest in Northland Power Inc. (NPI). I am missing some stocks to do everything I would like to so. But more importantly, I wanted to invest in my non-registered portfolio to add money into it and protect my margin. In other worlds, my margin control it all and have the last word on everything.
I was lucky enough to be at the world premiere of the film Muhammad. I went to the Cinema Imperial after work. I saw a crowd - it was the opening. A woman with probably her husband were standing right in front of me. The woman asked if I wanted to see the movie, I said yes of course. And she gave me a ticket. I was pretty excited. Its a great - but long movie, about the first years of life of the prophet.
From its earliest days, war had been at the center of Islam. The story of Muhammad is very complex. Jesus came on Earth, and after him was Muhammad, with his own way to understand religion, with his own teaching. It was interesting, you may like the movie if you are curious about Islam religion.
This is my very last post as a 34. Tomorrow, I will be... 35. Virgo from August 27, nothing less, lucky.
I will be celebrating my non-registered portfolio with a tiny little non-registered that only worth 118k. I was far from imaging that this was going to be how I would be celebrating...poor like Job! This was supposed to be an extra special time. I was supposed to shine and registered super great capital gain. But hell no, it didn't happen that way, and I am lost between laughing about it or having a big nerves down.
But hey, its just money, right?
Everything I had worked so hard for finally came by with no f meaning at all.
But, I have to say, me and my pretty self are celebrating tomorrow my 35 birthday, and I am secretly praying God to stay youthful like a 25 for many many years ahead. For once, somebody is on my side.
Today TSX gains were encouraging, but nothing to be super amazed. We are still way under the 14 000 points. And still very far from the 15 000 points. Its so messy out there. With the recent gains, I didn't took any credit line funds to cover my margin account. It seem like I am going to be just fine.
I unfortunately don't feel much like investing in ANYTHING. And trust me, its a strange feeling. Back in the times, I had some royal investment crushes that need to be feel. Now 35, I invested in pretty much in everything I ever wanted. The only problem is that I don't have enough cash to be financially free. I don't have enough money invested.
I was hoping for something more exciting and sexier for my birthday. Anyway, one thing positive at least is that my margin usage is at $64 730. I would like to begin to pay down my margin and leave extra cash at the bank. I am seriously thinking about getting a part-time job, but I am not much excited about losing my free time...
See, I am turning 35, but my sexy life is always, forever the same thing. Year after year, I try to save money, I try to invest, I try and try and I try. Results were showing. Remember my portfolio update of April 2015? That friends, was one of the hell good portfolio. Capital gain were pumping all. I was at 205k value, with a net worth of close 140k... Awesome money. Now, I am not ruined, but I am not running on gold.
As a new 35, I expect the world to be on my feet. I expect to have everything I want, nothing else.
This past Friday, my non-registered portfolio closed down to $118k. Today, my non-registered portfolio closed the session at a very low $114 997.39. I wasn't surprised, I was mentally prepared, but like each time, its hard to take. There's not one single stock of my non-registered portfolio who gain value today. Everything is under distortion. Back on Friday, I had a bit more than 8k left on my margin. Noticing how bad were the markets today, I transferred a 5k on my margin. That money came from my a credit line. Luckily, I have another 10k available on another credit line, and many other thousand dollars on different credit lines to cover up if the stock market decides to just continue is way down.
For small investors who have like me their non-registered portfolio on margin, time had come to in some fresh cash to avoid any problem. One of my 5k credit line has a super low interest rate. I am seriously thinking about transferring that money on my margin so I can at least spend the day at work without worrying too much.
Today loses were no surprise, but what about tomorrow? I am not sure, but I am getting mentally ready for some more loses. Is this how I am going to celebrate my 35th birthday? Keep your fingers cross. Still 3 days before the big day.
Its always rough to face a stock market correction, especially when everything had been doing so well for a long time, that your portfolio was on the high, dividend income was good... On Friday, the TSX lost more than 200 points. This in deep correction has an effect on my portfolio. In my case, my non registered closed down to 118k. Its like feeling virtually attack by an unknown predator. The only way to stay protected is: not to invest in stock or have a very diversify portfolio and buying blue chips when the TSX lose points like crazy - its like the only thing to do. On crisis like the one we had in 2008 - even if this one is quite different, but result of that 2008 crisis - stocks continue to pay dividend, but everything seem going slow and it can be stressful.
Personally, I check on the stock market every single day - when I am not away on vacations. Lately, the TSX was pretty down pretty much every single day. And with the correction of this past Friday, we got the cherry on the sundae. However, the problem is, there's no way to figure out if the correction will continue or Monday or not. We have to wait 2 long days before figuring out. Time had come to transfer some money on my margin. I only have 8k left on my margin. This is what happen baby when you play on the stock market with money that is not yours. Sexy is learning the very HARD way.
LOL.
I don't remember the last time that my non-registered was at 118k, it must had been a very long time. Yesterday, it was playing on my nerves, I would had need to smoke weed or some Benadryl or two good Gravol pills, beers was just not enough. I cannot believe that on August 27, I am going to celebrate my 35th birthday dead broke! Anyway, don't despair sexy people. We have to wait what Monday will look like. While waiting, you can shake your booty on this cool mix, you'll thank me later for posting ok, and shake it off until Monday morning:
Personally, I never been much interested in the oil sector, and fortunately, I am not that exposed to the energy sector. Oil stock sector never operated an excitement on me. I don't like oil, I don't like anything related to it sector. Have you ever seen pictures of what the exploitation of oil sand actually look like in real life? Its disgusting. We should be more of an evolved society and rely on clean energy. This oil correction is hitting at the right place. Soon, it won't even worth it for companies to exploit oil. I knew that moment would come. Its just unfortunate that so many people in Canada work in the dirty oil energy sector. Now that oil value just seem to continue its way to down $0 value, we may be able to see more clean energy development. But I am praying for the desperate who had lose their jobs and for those who will lose them soon. Jobs in that sector usually pay very well, but living cost being so high and lifestyle coming with it, many workers might not have what it take in savings to survive. No matter what is your social position, its getting of an emergency matter to have money save in the mattress. With China situation, we could be in the curve for a down market that could continue.
Suncor Energy Inc. (SU) recently announced a dividend increased - which is a very stupid decision from their part knowing what's going on in Alberta these days. This is a way for SU to seduce investors. I don't think that we'll see oil going up anytime soon. There's nothing left in oil to seduce investors. Playing on oil is suicidal.
Like always while facing a major TSX stock correction, I am not looking forward to sell any of my stocks and follow the selloff because I am a smart ass girl who soon will be 35 years old. Princess is getting older, but I would like to get richer during the same process. But no desperation please, just watch me kicking in the TSX like a fool. That damn stock market is going to make me rich sooner or later!
Remember a stock that I wrote about a little way back: Northland Power Inc. (NPI)? Its right in the energy sector. Despite the big loses of Friday, NPI finish the session with a gain of 0.65%. Currently might be a good time to invest in blue chips, like RY for example, could be at a good entry point. But the problem is: how a bank like RY will react on the long term with this oil context? Its a problem that all banks in Canada are facing at this time.
I know Northland Power Inc. (NPI) is not a blue chip, but its one of the only investment that I feel right at this time. I won't have the TSX have the last word on me.
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I am a French Canadian New Brunswicker. On August 5th, 2009, I achieved my goal of having $50,000 in investment assets. My ultimate goal is to achieve financial freedom, and at least live happily with my money and be able to achieve my objectives, even if I do not retire early. It all starts with that first $50,000. My email, if you'd like to say hello, is myfirst50000 (at) yahoo.ca.
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