Cold cash: $8,475
Stocks and Units investment portfolio $CAN
RSP investment portfolio:
CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $3,329.52
Others: $1,159.90
Because life is all about money and a bunch of other things
Cold cash: $8,475
Stocks and Units investment portfolio $CAN
Others: $1,159.90
So far, we are having a really nice autumn season in New Brunswick.
The TSX closed the month of October on a high note. I was quite curious to find where I was standing with everything so I figure it was a good time to update my investment portfolio. My net worth closed this past Friday's session at $327,061.62. The first time I ever reached a 327k net worth must have been sometime in September 2021.
Today, the TSX closed the day on a high note, leaving me with an increase of over $1,000 for my stock portfolios. My non-registered portfolio closed today's session at $140,961.96, my US portfolio at $5,020.17, my RRSP stocks-only portfolio at $57,995.15, and my TFSA portfolio at $120,766.94. I think my non-registered portfolio has everything it needs to move into the $150,000. We are now missing less than 500 points before hitting back the old 20,000 points. Everything is possible.
I am now missing $34,380.80 before getting back to my highest net worth value, which used to be exactly $361,442.42 back in April 2022. Lately, many stocks I own came with some good financial news. Telus Corporation (T) came with very strong financial results and on top of that good news, Telus increased their dividend distribution. Cargojet Inc. (CJT) also came with good results. Savaria Corporation (SIS) had surpassed $200M in revenue for the first time. CNR also had good news. Some of my stocks will be reporting their quarterly results on November 9. Thanks to Telus, The equivalent of what can be considered my monthly dividend income coming from my non-registered and TFSA portfolios is just a penny shy away from $830.
I have a few dollars at my disposal to make a little investment in my US, TFSA, and RRSP portfolios. I haven't figured out what to invest in yet. For now, I am just looking forward to increase the amount I currently have in savings. I am working hard to control my spending, but it's quite easier here than in Montreal. My only major expense is gas, when we go hunting. But that expense alone can be quite costly. I have $52 left to cover my extras for this week, which may go directly into gas... I am working on a tight budget, but I always have room to go over if needed.
Otherwise, life is pretty easy here in New Brunswick.
2022
Total in assets: $364,072.52/Net worth: $315,407.64: July 26, 2021
Total in assets: $358,867.59/Net worth: $311,858.22: June 15, 2021
Total in assets: $354,774.64/Net worth: $307,559.30: June 10, 2021
Total in assets: $348,042.77/Net worth: $300,799.45 - FIRST TIME I EVER REACHED 300k in net worth, on May 26, 2021
Total in assets: $346,583.88/Net worth: $298,486.93: May 20, 2021
Total in assets: $349,651.45/Net worth: $298,435.31: May 7, 2021
Total in assets: $347,002.53/Net worth: $297,614.64: April 16, 2021
Total in assets: $338,188.16/Net worth: $287,914.75: March 11, 2021
Total in assets: $333,970.92/Net worth: $283,675.99: March 9, 2021
Total in assets: $328,881.12/Net worth: $279,611.57: February 10, 2021
Total in assets: $326,670.02/Net worth: $278,758.37: February 8, 2021
Total in assets: $324,891.52/Net worth: $276,979.87: February 4, 2021
Total in assets: $322,236.52/Net worth: $274,318.36: February 3, 2021
Total in assets: $327,639.01/Net worth: $274,298.23: January 19, 2021
Total in assets: $316,192.85/Net worth: $268,180.14: January 7, 2021
Total in assets: $313,003.95/Net worth: $264,915.22: January 6, 2021
Total in assets: $310,587.36/Net worth: $262,498.63: January 5, 2021
2020
Total in assets: $310,392.38/Net worth: $259,661.24: December 31, 2020
Total in assets: $307,812.05/Net worth: $259,070.79: December 24, 2020
Total in assets: $306,444.25/Net worth: $258,948.73: December 4, 2020
Total in assets: $304,701.39/Net worth: $257,331.58: November 27, 2020
Total in assets: $300,956.84/Net worth: $253,587.03: November 24, 2020
Total in assets: $298,903.01/Net worth: $251,533.20: November 23, 2020
Total in assets: $296,643.60/Net worth: $249,158.71: November 20, 2020
Total in assets: $294,514.87/Net worth: $247,145.87: November 11, 2020
Total in assets: $291,172.40/Net worth: $243,802.59: November 10, 2020
Total in assets: $287 803.13/Net worth: $240 433.32: November 9, 2020
Total in assets: $277,872.92/Net worth: $226,678.26: August 5, 2020
Total in assets: $276,627.27/Net worth: $227,745.47: June 6, 2020
Total in assets: $263,304.63/Net worth: $211,395.63: April 29, 2020
Total in assets: $241 461,13/Net worth: $194 558,29: March 13, 2020
Total in assets: $282,640.61/Net worth: $235,284.72: February 21, 2020
Total in assets: $304,955.72/Net worth: $257,187.44: February 12, 2020
Total in assets: $296,200.07/Net worth: $250,595: January 16, 2020
Total in assets: $292,715.58/Net worth: $244,970.41: January 9, 2020
2019
Total in assets: $288,237.52/Net worth: $239,582.44: December 31, 2019
Total in assets: $278,823.27/Net worth: $230,902.04: September 17, 2019
Total in assets: $271,896.19/Net worth: 226,137.05: June 24, 2019
Total in assets: $269 950.21/Net worth: $222 942.87: April 5, 2019
Total in assets: $251 634.94/Net worth: $206 278.84: January 18, 2019
Total in assets: $238 656.07/Net worth: $191 009.83: January 4, 2019
2018
Total in assets: $270 679.86/Net worth: $204 306.57: November 16, 2018
Total in assets: $332 750.88/Net worth: $232 609.15: August 3, 2018
Total in assets: $331 413.83/Net worth: $232 280.40: June 20, 2018
Total in assets: $326 085.75/Net worth: $226 801.92: June 3, 2018
Total in assets: $322 479.23/Net worth: $222 850.15: May 4, 2018
Total in assets: $319 644.86/Net worth: $217 246.23: March 16, 2018
2017
Total in assets: $318 544.64/Net worth: $221 989.65: December 29, 2017
Net worth on the date of November 17, 2017: $211 430.89
Net worth on the date of October 27, 2017: $212 633.39
Net worth on the date of September 29, 2017: $206 352.49
Net worth on the date of April 24, 2017: $204 277.66
Net worth on the date of March 31, 2017: $200 325.69
Net worth on the date of March 29, 2017: $198 299.73
Net worth on the date of March 18, 2017: $193 969.21
2016
Net worth on the date of December 30, 2016: $184 074.35
Net worth after debt on the date of January 1, 2014:
$101 172.99 (yes, finally, IN NET WORTH!).
On the date of February 16, 2011, the TMX hit the 14 000+ points, and I had exceeded the 150k in assets! (Not net worth yet).
On September 9, 2010, I reached $100,000 in assets! (not in net worth yet).
On the date of August 5, 2009, I reached my investment goal: I reached $50 000 worth of assets! (NOW, net worth).
On the date of December 5, 2009, I had exceeded the $60 000 in assets! (not in net worth yet).
Cold cash: $8,475
Stocks and Units investment portfolio $CAN
Others: $1,159.90
Margin account debt: $46,431.48 @ 7.25%
Annual interest: $3,366.28
On the date November 4, 2022
**For a complete update regarding my debt, click on the label "Debt situation" located in the right column of this blog.
Finally, the TSX closed within 19,000 points today. It was about time. It's kind of weird timing considering that tomorrow, the Bank of Canada will probably again increase its rate - again. It's quite unfortunate and pretty much unfair for all people out there who have mortgages. They are the ones who are paying a high price for the lack of leadership of the Trudeau government. Pure incompetent leaders who are driving mortgage owners' debt straight on their knees. When you think about it for a sec, it's quite disturbing to think that the only way to beat down inflation is to increase interest rates. It barely makes any sense.
I don't have a margin debt, but I have a margin account. That debt is under control. The best thing about it is that I can declare the interest earn on my margin account debt every fiscal year as a financial expense. No one can do that with a mortgage. Tomorrow, just like any mortgage holder, I will face an increase in the interest rate of my margin.
Under the good vibe influence of the TSX now in the 19,000 points, my non-registered portfolio closed today's session at $136,044.82, my RRSP stocks-only portfolio at $58,313.39, my US portfolio at $4,970.69, and my TFSA at $118,862.72. With my annual dividend income exceeding now the $11,800, I am just in a good position to face tomorrow's Bank of Canada increase quite gracefully - until some of my stocks decided to decrease their dividend distribution. It might happen for some of my stocks, like NFI for example, but I don't worry much.
Lately, BNN had covered one stock that I had been holding on in my non-registered portfolio for a really long time: New Flyer Industries Inc. (NFI). New Flyer has a really strong management team and they know exactly what needs to be done while facing a downturn. It's not the first storm that is facing New Flyer Industries Inc. (NFI) and this one is not more or less different than last time. The cause of the chaos is always a bit different, but it doesn't change the way things are being handled at their end. New Flyer Industries Inc. (NFI) remain one of my favorite stock no matter what and I am very proud to have them in my non-registered portfolio.
Today was my last day of vacation, but I will remain in New Brunswick for the next couple of months. I really really like the idea of not having to travel during wintertime. For years, I had been freezing on the bus in the cold weather just to spend Christmas in New Brunswick. Those times are now over since I can basically work from everywhere and we now have the Internet at home. There are some renovations that will be done to my apartment in Montreal while I am away. The kitchen and hallway floors are in need of replacement, as well as the countertop. Sincerely, those things should have been fixed years ago, before I got into the apartment.
Anyway, in order to wrap up my vacation gracefully, the TSX decided to close this week's session on 18,860.95 points. We are getting closer to the old 19,000 points, which is better for the soul (and the investment portfolios of course). My non-registered portfolio closed today's session at $135,726.37, my US portfolio at $4,874.11, my RRSP stocks-only portfolio at $57,747.41 and my TFSA portfolio at $116,408.04. My numbers are not the strongest but under those conditions, while dealing with a TSX that is still under 19,000 points, I am not doing too bad.
Recently, CIBC nominates former Finance Minister Bill Morneau to be part of its board of directors. I am not very impressed. How comes CIBC decided to add to its team an individual who had violated Canada's Conflict of Interest Act? For me, Bill Morneau is a criminal. I don't understand this nomination. Personally, I own some CIBC mutual funds inside my RRSP. I also own some Canadian Imperial Bank stocks. I am not over-exposed to CIBC.
In his latest newsletter, Derek Foster talked about investing in BNS, as well as Algonquin Power & Utilities Corp (AQN). I already own BNS in my portfolio, it's actually one of my major holders inside my non-registered portfolio. However, it's a completely different story when it comes to me and AQN. I don't own any of Algonquin Power & Utilities Corp (AQN). AQN never had been from my portfolio, but it is now! I invested a small amount in some AQN shares today with some leftovers coming from dividend distribution. I also place a mini investment for my RRSP portfolio in CM, and I add an extra share of BCE.
Inside my non-registered portfolio, my investment in BCE Inc. (BCE) is ready to be set up as a DRIP, which I am planning to ask my broker National Bank Direct Brokerage to do. Recently, I open a banking account with National Bank. I did so in order to be able to transfer funds more easily to my margin account debt in case of need, without having to wait 24, 48, or 72 business hours... I tried to set myself up for Interac transfers, but since National Bank didn't send me a debit card, I cannot set myself up. So I need to call National Bank... super annoying. I have never really been very much interested in being a client at National Bank but I am just doing this as a safety measure, to make sure I can easily add funds to my margin account debt.
I enjoyed another day in the woods in New Brunswick. Here are my latest pictures: