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Wednesday, May 19, 2021

I find a brand new investment idea on Stockopedia: Stelco Holdings Inc. (STLC)

Please note that I had been writing on this post for the past couple of days, but haven't been able to finish it until now.

For the past couple of days, Montreal weather is just very awesome and I had been walking around, trying to do some physical activities while the gym is still closed. Believe it or not, I even wake up early. I try to walk for about 45 minutes before starting my day. I like this kind of spring weather, it's hot, but not too hot, and in the morning, the weather is perfect for runners.

With the TSX closing this past Friday with 19,366.69, I got good numbers for my investment portfolios, good, but not good enough to hit the $300,000. It's just not happening yet. My non-registered portfolio closed this past Friday session at $124,793.07, my US portfolio at $4,448.21, my TFSA portfolio at $115,363.34 and my RRSP portfolio - stocks only - at $57,143.00. My margin debt is at $48,096.95. My annual dividend income is now at $9.602, which makes an official average of $800 per month. That number includes the dividend earns inside my RRSP portfolio.

It hasn't been a good weekend for Bitcoin and Ether. And this Monday had been especially a hard one for Bitcoin. Ether is in a much better shape, but still down. However, this evening, both Bitcoin and Ether are showing signs of recovery. Today, the TSX closed on a good 19,474.65 points. My non-registered portfolio closed today session at $125,212.52, my US portfolio at $4,417.97 USD, my TFSA portfolio at $115,274.10 and my RRSP portfolio - stocks only - at $57,184.29. I was expecting my TFSA portfolio to be a bit lower because of the presence of Bitcoin Fund The Class A units (QBTC), Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B), and 3iQ CoinShares Ether ETF (ETHQ).

Following the value of Bitcoin and Ether is quite interesting because crypto trade 24 hours a day, 7 days a week. So while the TSX is closed, Bitcoin and Ether remain active. It makes something to look at. Currently, today on May 19, both Bitcoin and Ether are down. It not fun to watch. I already have exposure to Bitcoin and Ether via those funds I already name, and I am not looking forward to extending that exposure more than it is now, even if Bitcoin and Ether had become cheaper. And I am not looking to sell those investments for now. It's kind of scary to see how things are right now for crypto, but believe it or not, today I was quite busy and I only had time to take a quick look at the TSX and crypto and I was so disturbed that I just ignore the whole situation and barely look at my investments all day. And at a point, I had to stop listening to BNN's The Open at one point this morning so I have no idea of what Amber and Jon said today.

In my opinion, the best way to deal with a market downturn is just to ignore it. The TSX had done better than expected and closed today's session at a good 19,417.03 points. At some point during the day, the TSX was losing something like 200 points! 200 points are nothing compare to what cryptocurrencies experimented with as losses today.

In the long run, because of the presence of many funds like Bitcoin Fund The Class A units (QBTC), Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) and 3iQ CoinShares Ether ETF (ETHQ) among others are involved in crypto and on which many people invest a lot of money, I don't know which direct/indirect impact can possibly have the crypto over the TSX. Fact that Bitcoin and Ether are down may lead eventually to some direct losses over the TSX value. I prefer to see the two worlds as being separated, crypto with crypto and regular market shit with market shit lol.

My non-registered portfolio closed today - May 19 - at $124,286.67, my US portfolio at $4,387.89 USD, my TFSA portfolio at $115,308.03 and my RRSP portfolio - stocks only - at $57,181.63. I hold all of my crypto fund investments inside my TFSA portfolio. I taught I was going to be in the 113k there, but luckily, I hit higher.

I recently made a great finding on Stockopedia, it's a stock that I never heard of before: Stelco Holdings Inc. (STLC). STLC's overall chart is really great. Fact is, I like industrial stocks like this. I don't know if I am going to invest in STLC.

Wednesday, May 12, 2021

Some good news and dividend increase!

The TSX closed today's session at 19,107.77 points. My non-registered portfolio wasn't much affected by this little slide back, closing at $124,200.23. My US portfolio closed at $4,377.17 USD, my TFSA portfolio at $114,432.30 and my RRSP portfolio at 56,743.22. My margin debt is now at $48,116.32. I feel more comfortable with that amount of debt. A margin debt at $51,216.14 like I had just a few days ago was a bit too high for my taste. 

I no longer hold to some 3iQ CoinShares Ether ETF (ETHQ) units inside my non-registered portfolio, but I do hold on to some 3iQ CoinShares Ether ETF (ETHQ) units inside my TFSA portfolio. In my TFSA portfolio, ETHD is currently up by +11.40%. Bitcoin is currently down, but my investment in Bitcoin Fund The Class A units (QBTC) is on a +6.74%.

Other great things are going on. A stock that I hold inside my non-registered, TFSA, and RRSP portfolios Savaria Corporation (SIS) surf on a really good +6.805% gain today. Inside my non-registered portfolio, SIS is sitting on a +91.40%. Inside my TFSA portfolio, SIS is at +12.35%. And finally, inside my RRSP, SIS is at really good +132.36%.

ATCO Ltd. (ACO.Y) had been in my portfolio since 2017. At first, ACO.Y was from my non-registered portfolio. In 2019, I proceed with a contribution in kind, I took my ACO.Y shares and got them transferred over my TFSA portfolio.

I always love ACO.Y, but ATCO Ltd. (ACO.Y) never registered a real big gain in my portfolio. But surprise, currently, ACO.Y is on a gain of +0.23% inside my TFSA portfolio. Let's say that after a few years of holding ACO.Y, it's kind of a good start :-) Recently, ATCO Ltd. (ACO.Y) announced a deal with Suncor, to produce hydrogen. It seems like being a cool project. I also hold to Suncor Energy Inc. (SU) inside my TFSA portfolio, but only as a tiny small investment. That tiny small investment is currently on a gain, which is nice.

I hold on to some other stocks like ATCO Ltd. (ACO.Y) on which I am not making very great gain, but their value is more or less stable. I actually hold on to some stocks on which I know I won't be able to get rich on. I am thinking about Andrew Peller Limited (ADW.A) and Cascades Inc. (CAS). Other great news of the day, TMX Group Inc. (X) made a great announcement. X is increasing its dividend distribution by 10%! Currently, my annual dividend income is getting closer to $9,600.

These days, we hear a lot about inflation, but something nice is currently going on with the Canadian dollar, and is not happening without being noticed. The Canadian dollar is gaining more and more against the US dollars and it seems like we could hit on parity soon enough. If it happens, I will certainly convert some CAN $ into US $ inside my US portfolio. I am not a fan of the US, but if we have the chance to flirt with parity, I will certainly among the first ones to take advantage.

Monday, May 10, 2021

Selling my 3iQ CoinShares Ether ETF (ETHQ) shares for a little profit

When I wake up this morning, I quickly look for Ethereum (ETH) value, and what I was hoping for finally arrived! Before the opening, Ethereum (ETH) was experiencing really great gains. And while ETH is experiencing great gains, you can be sure that funds surfing on ETH will also be on great gains. So I made sure to be in front of my laptop this morning at the market opening. I wanted to sell at profit the units of 3iQ CoinShares Ether ETF (ETHQ) that I was holding, until this morning, inside my non-registered portfolio. At the opening, since my investment in ETHQ was on a few hundred gains, I quickly sell. My sell order went through right away smoothly, without any waiting time.

After commission and margin fees, I had been able to generate $371.57 in about 10 days. This is good enough for me. I preferred to sell when I could and registered a little profit, especially knowing that the money that I used to trade on 3iQ CoinShares Ether ETF (ETHQ) came from my margin, and not from my own fresh cash. I no longer hold any units of 3iQ CoinShares Ether ETF (ETHQ) inside my non-registered portfolio. However, I still hold to some ETHQ units inside my TFSA portfolio.

With the sale of my ETHQ units in my non-registered portfolio, my margin debt decreased from $51,216.14 to $48,149.63. My non-registered portfolio closed today session at $124,434.04, my US portfolio at $4,478.93 USD, my TFSA portfolio at $116,264.46 and my RRSP portfolio - stocks only - at $57,579.74. Currently, I estimate my net worth to be in the $298,100.

Sunday, May 9, 2021

Reaching out my highest net worth value EVER: $298,435.31

Ok, this little game is getting quite annoying. Week after week after week, I just keep getting closer and closer to get my hands on a $300,000 net worth, without actually be right on. Currently, I am only missing $1,564.49 to see things happening. It makes me think that I should have been just a bit more careful in the past with my expenses. If I would have done so, I will probably be on my $300,000 net worth. My problem is that I just can't wait to have this done and completed. Time has come to talk seriously and to quickly push this over to the next level, which being, of course, a $400,000 net worth. $300,000 had been quite easy, even if I am not exactly there yet. We'll see how it goes for the $400,000 net worth. In a way, it strangely giving me a somewhat dizziness just to think about it. For me, it's a lot of money. Will I be able to "manage" that much money? That's what we are going to find out.

Aphria Inc. (APHA) is no longer from the TSX. My APHA shares had been automatically converted into some Tilray Inc (TLRY), which gains +14.44% today. Those gains are more than welcome because I am looking forward selling, partly or all, of my shares of TLRY in a maybe close future. I wasn't able to sell the 3iQ CoinShares Ether ETF (ETHQ) shares that I hold in my non-registered portfolio at profit yet. However, Ethereum (ETH) is not losing its good vibes. Today, ETH hit on its highest value ever: $4,825.507 CAN.

Yesterday morning, I got my first shot of the COVID vaccine. I had been lucky, I got the best of all: Pfizer. I am already scheduled to get my second shot, which will be on August 28, just one day following my birthday. I am not getting any severe secondary effects, if not only my arm that received the vaccine that started hurting late in the evening that last until around noon the next day. I also feel a bit of tiredness that is not leaving me exactly alone. I had been walking around downtown Montreal following my vaccination and snap some lovely spring pictures. I got vaccinated at the Palais des congrès, which is downtown Montreal. Outside, there was this lovely garden of trees waiting for me:

Friday, May 7, 2021

My investment portfolio on date of May 7, 2021

Cold cash: $6,010.86

Stocks and Units investment portfolio $CAN
Bank of Nova Scotia (BNS)
Methanex Corporation (MX)
Fortis Inc. (FTS)
Pembina Pipeline Corporation (PPL)
iShares S&P/TSX Capped REIT Index (XRE)
New Flyer Industries Inc. (NFI)
TMX Group Inc. (X)
K-Bro Linen Inc. (KBL)
TransCanada Corp (TRP)
Canadian National Railway Co (CNR)
Enbridge Inc. (ENB)
Emera Inc. (EMA)
Saputo Inc. (SAP)
Loblaw Companies (L)
Savaria Corporation (SIS)
WSP Global Inc. (WSP)
George Weston Limited (WN)
Power Corporation of Canada Subordinate Voting Shares (POW)
3iQ CoinShares Ether ETF (ETHQ)
TOTAL: $127,107.58

Stocks and Units investment portfolio $US:
Berkshire Hathaway Inc. (BRK.B)
General Mills Inc. (GIS)
Cash: $94.93
TOTAL: $4,438.77 USD: $5,453.03 CAN
Tax-free savings account (TFSA):
Dumont Nickel Inc. (DNI)
CT Real Estate Investment Trust (CRT.UN)
Canadian National Railway Co (CNR)
Exchange Income Corporation (EIF)
Brookfield Infrastructure Partners L.P. (BIP.UN)
Brookfield Renewable Energy Partners L.P. (BEP.UN)
Andrew Peller Limited (ADW.A)
Toronto-Dominion Bank (TD)
Boyd Group Services Inc. (BYD)
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
Data Communications Mgmt (DCM)
Morneau Shepell Inc. (MSI)
Royal Bank of Canada (RY)
Park Lawn Corporation (PLC)
Toromont Industries Ltd (TIH)
BCE Inc. (BCE)
Boralex Inc. Class A Shares (BLX)
Savaria Corporation (SIS)
Northland Power Inc. (NPI)
Calian Group Ltd. (CGY)
Canadian Utilities Limited (CU)
WSP Global Inc. (WSP)
Granite Real Estate Investment Trust (GRT.UN)
Cargojet Inc. (CJT)
Nutrien Ltd. (NTR)
TFI International Inc. (TFII)
Canadian Imperial Bank Of Commerce (CM)
SIR Royalty Income Fund (SRV.UN)
Aecon Group Inc. (ARE)
Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A)
Metro Inc. (MRU)
Alimentation Couche-Tard Inc. (ATD.A)
Fortis Inc. (FTS)
CGI Inc. (GIB.A)
TMX Group Limited (X)
Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Suncor Energy Inc. (SU)
Rogers Communications Inc. (RCI.B)
Telus Corp (T)
JFT Strategies Fund Class A Units (JFS.UN)
Bitcoin Fund The Class A units (QBTC)
Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B)
3iQ CoinShares Ether ETF (ETHQ)
Tilray Inc (TLRY)
Cash: $49.55
TOTAL: $116,893.64

RSP investment portfolio: 
Emera Incorporated (EMA)
Ovintiv Inc. (OVV)
Toronto-Dominion Bank (TD)
Telus Corp (T)
Royal Bank of Canada (RY)
Savaria Corporation (SIS)
Thomson Reuters Corporation (TRI)
Park Lawn Corporation (PLC)
Richards Packaging Income Fund (RPI.UN)
Toromont Industries Ltd (TIH)
CAE Inc. (CAE)
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A)
Boralex Inc. Class A Shares (BLX)
Quebecor Inc. (QBR.B)
Logistec Corporation Class B Subordinate Voting Shares (LGT.B)
Brookfield Renewable Partners L.P. (BEP.UN)
Leon's Furniture Limited (LNF)
Bank of Nova Scotia (BNS)
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Cascades Inc. (CAS)
JFT Strategies Fund Class A Units (JFS.UN)
Cash: $375.95
Total: $57,826.70

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,402.75 

Energy and Base Metals Term Savings (Indexed term savings): $577.30

Natural Resources Term Savings (Indexed term savings): $502.45

NBI Income Fund: $1,357.16 

Manulife Fidelity NorthStar GIF CAP
Manulife Simplicity Growth Portfolio 
Maritime Life CI Harbour Seg Fund
Maritime Life Fidelity True North Seg Fund
Manulife GIF MLIA B World Invest
Total: $8,306.97

Other various: $22,126.01

TOTAL: $94,099.34

Social Capital at Desjardins Membership share: $35
Online money: $52
Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:
On the date of May 7, 2021

My debt situation on date of May 7, 2021

Margin account debt: $51,216.14 @ 4%

Annual interest: $2,048.65

On the date of May 7, 2021

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

Wednesday, May 5, 2021

Watch out for Toromont Industries Ltd (TIH): 7.345% gain in one day + DIVIDEND IS BEING INCREASED!!!!!!

I am 40 and in Quebec province, starting today, it was possible to make an appointment to get the COVID vaccine. And so I did. I have an appointment set for this upcoming Saturday to get my first COVID shoot. I am not really excited about this, but I just want to have it done and that's all. I am just happy that I have my Quebec health card. It took me several years to change my cards for Quebec ones, even while living here. With COVID, it's certainly best to hold cards where you live, in order to be able to benefit from health care if needed. 

Since I am 40, I won't for sure get the AstraZeneca Vaccine. However, I feel that Justin Trudeau is treating Canadians like third-class citizens. AstraZeneca is the worst vaccine ever, and to no surprise, that shit is coming directly from the UK. As Canadians, we should only get the best vaccines, no matter how long it takes. The only reason why Justin Trudeau wants Canadians to get the AstraZeneca Vaccine is to satisfy his own plan. However, if you suffer from side effects from it, I wish you good luck because hospitals are all fuck up. Politicians like Justin Trudeau are good at selling the AstraZeneca Vaccine because they have access to private health care and they won't ever suffer from direct consequences. In my opinion, AstraZeneca Vaccine should be avoided at any cost.

The TSX closed the day on a good 19,310.74 points. My non-registered portfolio closed today session at $128,239.59, my TFSA portfolio at $116,347.58 and my RRSP portfolio at $57,563.83. My margin debt is now at $51,221.88. Currently, I estimate my net worth to be in the $297,500. With my upcoming paycheck this Friday, and with a bit of luck, I may be able to hit on the $300k net worth this Friday. I just need this to happen for at least one day. Following what, what had been reached - even for one day - became business at usual. We'll see if I can make it to the 400k after that.

At now $70,106.12 CAN, Bitcoin is definitively in a recovery mode. Ether is currently up on a +6.32% gain. I wasn't able to sell at profit the investment I made yesterday in 3iQ CoinShares Ether ETF (ETHQ). However, tomorrow at the opening, I will have my eyes in ETHQ. The opening is always a key moment while trading Canadian crypto-oriented funds like 3iQ CoinShares Ether ETF (ETHQ). According to my past experiences, I find that the best period to perform day trading on a crypto fund is between the opening, 9:30 am, and noon. If the opening is not good, no need to waste your time. It's better to leave things as are they hard and nope for a better trading day at the next opening. Sometimes, you won't be able to perform your "day trading" moves on the same day. You may not be able to buy and sell at profit on the same day. When it happens, I don't mind holding.

Today was the really first day of Tilray Inc. (TLRY) on the TSX. TLRY closed this first trading day at $19.36. Currently, in my TFSA portfolio, I still have my Aphria Inc. (APHA) shares. My APHA hasn't become Tilray, Inc. (TLRY) yet. I am looking forward to selling at profit this investment. I listened to an interview of Irwin D. Simon, the CEO of Tilray Inc. at BNN's The Open, and I wasn't much impressed by him. Irwin D. Simon doesn't inspire me any confidence. I feel arrogance a lot of freshness when I look at him, when I listen to his speech. I just don't like the man. When a CEO blames everything on the back of the COVID for weak results, for me, that's a problem. During COVID, people increased their consummations of tobacco, alcohol, and probably also weed. COVID is not an excuse for anything. COVID is the excuse coming from lazy CEO like Irwin D. Simon. When I will be able to sell my Tilray Inc. (TLRY) shares at profit, I won't waste any time trust me on that one, I will do so.

Lately, a stock that I also hold inside my TFSA, Nutrien Ltd. (NTR), suddenly decided to (almost) explode in profit. Currently, NTR is on a gain of +15.50% inside my TFSA portfolio. It hasn't been an easy road for Nutrien Ltd. (NTR). Before this company was trading under the name of Agrium and I was extra successful with Agrium, which I really really miss. With Agrium, I was the TSX Queen. For now, I am just a little princess, but that only being until I reached my first $300,000.

As announced in this post title, Toromont Industries Ltd (TIH) had a really good day on the TSX today. TIH registered a 7.345% gain. But that's not all, Toromont Industries Ltd (TIH) also announced a quarterly dividend increase of 4 cents per share. The generosity here is nothing extreme, but a dividend distribution increased is an increase, no matter what. I always have the biggest crush on Toromont Industries Ltd (TIH). I always knew that I would get rich on Toromont Industries Ltd (TIH), and so do I.

To be a good investor, you don't necessarily need financial knowledge - I don't have any. You just need to have respectful good common sense, and you need to be able to detect the good from the wrong. And Toromont Industries Ltd (TIH) is not just only good. Toromont Industries Ltd (TIH) is my angel stock.

Its on stock like TIH that you can get rich - ETF won't offer you the same chances of grow, of extremely good capital gain.

Tuesday, May 4, 2021

Welcome in my TFSA and non-registered portfolios 3iQ CoinShares Ether ETF (ETHQ)!

I simply couldn't resist so I did what I did: I buy some shares of 3iQ CoinShares Ether ETF (ETHQ) for my non-registered and TFSA portfolios. This morning as I was entering my orders, the order went through right away, without any problems. I was quite happy to have everything done smoothly and in a matter of the next second. I don't know if you remember but previously, for the other funds that I trade of 3iQ, my sell and buy orders took time before being process. It wasn't a matter of minutes, but a matter of a few seconds. No matter what, having to wait a few seconds before an order being completed is too long. I guess that for this relatively new 3iQ fund, 3iQ CoinShares Ether ETF (ETHQ), we are fewer investors trying to buy units at the same time. There might be fewer operations for this ETHQ. I am pretty sure that it's still hard to buy and sell The Ether Fund Class A units (QETH.UN) on the date of today.

I must admit, following my buy moves, I was closely watching 3iQ CoinShares Ether ETF (ETHQ). I was hoping to maybe perform a quick buy-and-sell move, but it didn't happen. At least not today. I think Ether is on its way for some serious $$$. I was thinking about holding the units I buy today of 3iQ CoinShares Ether ETF (ETHQ) inside my TFSA. I only perform a small investment with ETHQ inside my TFSA. As for my investment of ETHQ inside my non-registered portfolio, I won't lie - I used my margin money to perform that trade. For this investment, I am more willing to sell quickly. I would like to generate a quick $400-$500 on ETHQ inside my non-registered portfolio. We'll see how it goes.

I am quite excited because saving money for saving money is extremely boring, and now I just destroyed any willingness that I had over building a saving account. But don't do as I do. Please put money aside as savings, it's really important. I might be now 40, but I am always dealing with the same "problems" if I may say. Like I have never been able to build on some serious savings but don't mind me, I just cannot control myself.

But please try to understand, Ether is just too exciting. At first, 3iQ CoinShares Ether ETF (ETHQ) didn't bring on any excitement, but suddenly, ETHQ just appears to be quite appealing to me.

Monday, May 3, 2021

After The Ether Fund Class A units (QETH.UN), meet my sweetest temptation: 3iQ CoinShares Ether ETF (ETHQ)

While spending so much time at home, in my tiny little studio apartment, I am currently developing a somewhat obsession with 3iQ CoinShares Ether ETF (ETHQ). Just to make things even more appealing, Ether is performing quite well these days... I don't know if you remember, but a few months ago, I performed some trading moves on The Ether Fund Class A units (QETH.UN). I was able to make $700. But the way I place the trades, for a quick buy-and-sell move. I love trading crypto funds because it feels like making money out of oxygen only.

Day trading is certainly exciting, but over time, it can become exhausting. What is exhausting is the willingness to time the market. And that is not me.

Currently, The Ether Fund Class A units (QETH.UN) trade at $59.86 per share. 3iQ CoinShares Ether ETF (ETHQ) is appealing because its price per share is only $16.63 per share. With the 3iQ CoinShares Ether ETF (ETHQ), I would like to do what I am currently doing with my investments in Bitcoin Fund The Class A units (QBTC) and Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B). That being holding and just patiently waiting before being able to sell at profit later on, without having to look closely at the different funds hours after hours on trading days.

Today was a good day for 3iQ CoinShares Ether ETF (ETHQ), who gain 17.943% today, as well as for the TSX. I am now not missing much to be sitting on a $300,000 net worth. And just to make things easier, I am waiting for my paycheck this upcoming Friday. I just need a bit more gains and there you go, baby. On BNN today it just hit me, it's now the month of May, and you know what they say in May? Sell and go away. May is known to be a weaker month for stocks. And the messy period is from May to October, always according to BNN. But now is not the time for the TSX to get messy, not when I am so close to reaching my $300,000 net worth goal.

My non-registered portfolio closed today session on a good $124,232.66, my US portfolio at $4,300.05 US, my TFSA portfolio at $116,401.43, and my RRSP - stocks only - at $57,778.02. I suspect my net worth to be in the $296,858.93.

Sunday, May 2, 2021

Targeting my next investment: Hardwoods Distribution Inc. (HDI), you are MINE

With the TSX closing at 19,108.33 points, I taught my numbers were going to be a lot weaker than they are, but oh surprise, my non-registered portfolio closed Friday session at $123,660.12. I exceed by close $500 my good results of April 16, 2021

At that time, on the special day when my net worth reached its highest value ever, $297,614.64, my non-registered portfolio closed the session at $123,166.28. This $123,660.12 non-registered portfolio is kind of putting me in a good position to finally hit on the 300k. I am pretty sure it will happen in May. Like usual, Bitcoins value went down following its record high. But currently, Bitcoins seem to be in a recovery mode. My TFSA portfolio closed this past Friday session at $116,194.91 and my RRSP portfolio - stocks only - at $57,369.79.

In my TFSA portfolio, I hold two Bitcoin funds, who are doing ok:

Bitcoin Fund The Class A units (QBTC): +$166 

Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B): +12.97$

I am in for more gains and for that reason, I am holding those two, and I will sell later on. I am not in a rush.

My US portfolio closed this past Friday session at $4,225.14 USD. Like any investors who like to take themselves seriously, I hold a few shares of Berkshire Hathaway Inc. (BRK.B). Inside my US portfolio, BRK.B is on a gain of +89.95%. Berkshire Hathaway Inc. (BRK.B) had been in my US portfolio since August 2016. This weekend, it was the Berkshire Hathaway’s Shareholder Meeting. Just like for Jean-François Tardif, inflation is a concern for Warren Buffett. I am trying to spend my money with more intelligence, so I can deal with inflation. The only way to fight inflation is to spend less, build up more savings, and invest when the TSX is down. The COVID had made that process quite easy. 

I am trying not to spend any money on clothes for the summer, no purse, no nothing at all. Don't feel sorry for me. My closet is full of clothes, I have many summer dresses and I do not need anything. But like many girls, I like to go shopping. I never really restrict myself on any spending for a long time, but now with that inflation thing, and especially now that I am just so close to the 300k, it worth it to be smarter on how I spend my money. I also want to restrict myself on not to have my hair cut until at least the month of September. This is going to be a bit difficult for me as I wear my hair quite short and I like to have them that way, but we'll see. Between now and the end of August, I hope to save $6,000. We'll see how it goes.

My goals are quite simple. I want 3 things: 300k net worth, invest in something new sometime in the next few months, and build up to $10,000 in savings by the end of August of this year. I think a 10k in savings would just make common sense in a portfolio that is now close to 300k.

I think I have target one possible investment for my portfolio in the company of Hardwoods Distribution Inc. (HDI). It's never an easy task to pick a new investment for my portfolio, since I already hold so many great stocks. However I believe there're always great opportunities on the TSX and there are always out there some great stocks that I may have never heard of, or maybe look at too quickly. It's important to keep searching for new opportunities. Also, I want to keep searching because when I will be selling the shares I own of Bitcoin Fund The Class A units (QBTC) and Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B) at a big huge profit, I will have some money to invest - again.

This weekend, ''Warren Buffett warns investors not to gamble on stocks''. The article goes like this: "Billionaire Warren Buffett warned people not to think investing is an easy way to make a fortune as he answered a variety of questions at Berkshire Hathaway's annual meeting Saturday. Buffett said it can be tough to pick the long-term winners. He pointed out that in 1903 there were more than 2,000 car companies, and nearly all of them failed even though cars have transformed the country since then. “There’s a lot more to picking stocks than figuring out what will be an incredible industry in the future,” Buffett said. “I just want to tell you that it’s not as easy as it sounds.”"

I don't like that someone like Warren Buffett, who's an important figure in the world of finance tries to mystify the act of investing in stocks. I would like to be reassuring and explain that it's quite easy to invest in stocks. And in Canada, it's quite an easy task to target high-quality stocks to invest in. The only reason why I am so close to reaching a $300,000 net worth is that even though I only invested small among of money, but did so in high-quality stocks, mostly Canadians, over time, the rewards are big. 

If you stay away from junk stock craps, as the type of what is desperately selling Genevieve Roch-Decter with her Grit Capital, you'll be widely successful. Don't let Warren Buffett scares you of the long-term rewards that offer the TSX. And don't do blind on junk stocks who are being promoted by Genevieve Roch-Decter and so many others on the Web.

Last news but not least, finally, after waiting several months, the merger between Tilray Inc. and Aphria Inc. (APHA) is going to happen. This is probably going to have a positive effect on my TFSA portfolio.


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