I survived this week of hot wave in Montreal without air conditioning. I had suffered, but it's not anytime soon that I will bring in air conditioning in my apartment as I refused to participate in a collective acceleration of pollution and greenhouse gases just for my well-being. And add to this that I don't want to pay for an air conditioning machine. Today at least, the weather was nice in Montreal. However, it's looking like we could face another hot wave as soon as next weekend...Wish me good luck. This summer is not a good one for me. I just hate this really hot weather.
Lately, I had done quite a good job at decreasing my expenses and I want things to remain that way. This had been my first summer since a really long time for which I didn't purchase any new piece of clothing, with only two exceptions: a pair of sneakers and a pair of new sandals. The problem with clothes is that even while my closet is full of clothes, I always feel like I have nothing to wear, but I try to get lose of that feeling. Other than that, I didn't purchase any clothes since the beginning of the pandemic, I could easily say since, probably, January or something like that.
I was supposed to get a so wanted hair cut earlier this month, but I cancel it because I was working that weekend. I decided to let my hair grow. Since this summer is super hot, I am washing my hair every single day, it doesn't worth it to spend money on my hair right now. A visit to the hairdresser doesn't come cheap, especially at the place where I usually go. If I can save a few dollars simply by pushing the visit to the salon at the end of the summer, I will do so.
This past Friday session closed on a good 15,713.82 points for the TSX, leaving my non-registered portfolio at $100,119.55, my TFSA portfolio at $84,161.99 and my RRSP portfolio - stock only - at $44,412.10. I was looking forward on making some more gain inside my non-registered portfolio. I was expecting a $103k-$105, but it didn't happen. I guess my net worth is currently in the $217 000, which is not too bad. Things will get easier once will get back in the 16 000 points.
Lately, I had done quite a good job at decreasing my expenses and I want things to remain that way. This had been my first summer since a really long time for which I didn't purchase any new piece of clothing, with only two exceptions: a pair of sneakers and a pair of new sandals. The problem with clothes is that even while my closet is full of clothes, I always feel like I have nothing to wear, but I try to get lose of that feeling. Other than that, I didn't purchase any clothes since the beginning of the pandemic, I could easily say since, probably, January or something like that.
I was supposed to get a so wanted hair cut earlier this month, but I cancel it because I was working that weekend. I decided to let my hair grow. Since this summer is super hot, I am washing my hair every single day, it doesn't worth it to spend money on my hair right now. A visit to the hairdresser doesn't come cheap, especially at the place where I usually go. If I can save a few dollars simply by pushing the visit to the salon at the end of the summer, I will do so.
This past Friday session closed on a good 15,713.82 points for the TSX, leaving my non-registered portfolio at $100,119.55, my TFSA portfolio at $84,161.99 and my RRSP portfolio - stock only - at $44,412.10. I was looking forward on making some more gain inside my non-registered portfolio. I was expecting a $103k-$105, but it didn't happen. I guess my net worth is currently in the $217 000, which is not too bad. Things will get easier once will get back in the 16 000 points.
This past Friday was a rough day for my late Sienna Senior Living Inc. (SIA), as the stock reached it's lowest value within the past 52 weeks. I am quite happy not to be holding on to some SIA stocks in my investment portfolio anymore. Currently, another TSX stock in the same exact sector, Chartwell Retirement Residences Units (CSH.UN) is facing about the same situation. Derek Foster used to be invested in Chartwell Retirement Residences Units (CSH.UN). He doesn't anymore. And talking about Derek Foster, he has given a presentation this past week at the MoneyShow, but I completely forgot about it, the hot weather didn't help my case. It's just too bad that I missed it.
A few days ago, the federal government declared the deficit we'll have to deal with for the years ahead. Its a high amount, like expected, but I never taught it was going to be that high. That being said, now had never been a better time to work on saving money. This pandemic revealed on how much we rely on the government during these hard times. Too many citizens have little next to no savings at all to cover emergencies. Unfortunately, I am still, for now, in that group of people, with only about $2 000 in cash. I might have a net worth in the $217k, but I am poor in cash. At least, my dividend distributions are adding a nice little amount in terms of cash every now and then, but that amount alone is not enough to support my living.
And this is something that I keep writing over and over about, but this time, let's hope I will be able to be somewhat more consistent this time around. Other than that, in terms of stocks, one of my stocks made some great gains: Richelieu Hardware Ltd. (RCH). Since holding RCH in my TFSA portfolio, that little one has always been quite volatile. Now, I am not in positive territory, but let say that RCH is recovering and it's helping my TFSA portfolio to push over to make some gains.
I currently have a $500 in cash inside my TFSA that is just waiting to be reinvested somewhere in the stock market. I don't have new investment ideas at this time.
A few days ago, the federal government declared the deficit we'll have to deal with for the years ahead. Its a high amount, like expected, but I never taught it was going to be that high. That being said, now had never been a better time to work on saving money. This pandemic revealed on how much we rely on the government during these hard times. Too many citizens have little next to no savings at all to cover emergencies. Unfortunately, I am still, for now, in that group of people, with only about $2 000 in cash. I might have a net worth in the $217k, but I am poor in cash. At least, my dividend distributions are adding a nice little amount in terms of cash every now and then, but that amount alone is not enough to support my living.
And this is something that I keep writing over and over about, but this time, let's hope I will be able to be somewhat more consistent this time around. Other than that, in terms of stocks, one of my stocks made some great gains: Richelieu Hardware Ltd. (RCH). Since holding RCH in my TFSA portfolio, that little one has always been quite volatile. Now, I am not in positive territory, but let say that RCH is recovering and it's helping my TFSA portfolio to push over to make some gains.
I currently have a $500 in cash inside my TFSA that is just waiting to be reinvested somewhere in the stock market. I don't have new investment ideas at this time.