The First Wave of Bargain Shopping – TD, Magna, Suncor

Good day, everybody. I hope you are doing well!

This virus fear have crashed the markets to the levels we haven’t seen in decades. There are many blue-chip bargains out there at the moment.

If you’re trying to time the market, then the best time to buy stocks is when it’s the end-of-the-world type situation. I think we reached the tipping point of anxiety and uncertainty. We are surrounded by so much negativity coming out from every news channel. This disease is certainly very contagious and dangerous, but I think we will overcome it.

People need to follow the guidelines and stay calm. I think the stress, the fear, and the anxiety is a lot more dangerous than the virus itself. Personal hygiene and social distancing will protect you from any viral outbreak. This is something we need to keep in mind moving forward. We will have more outbreaks in the future.

Alright, enough of this virus discussion, let’s see the stocks I bought today.




Covid-19 | Why Emergency Fund is Crucial!

Hey guys, good day. I hope you're all doing fine. Last week, I wrote up some recommendations on how to stay save during the Covid-19 pandemic. Three days later, the government came up with the same recommendations. The last and the most important recommendation is to keep distance from each other. You obviously can’t do that in the family, but keep distance from everybody else. You should be at least 2 meters away from another person at all times. Very important!!! Now let's see why emergency fund is crucial in difficult times like this.



How to Stay Safe during Covid-19 Pandemic

I usually don’t write about health related topics, but since we’re officially in a global pandemic mode, I thought I would write about some of the tips on how to stay safe during this time. Please note, that I’m not a licensed health care provider, therefore my recommendations should not be taken seriously. It’s just my logical thinking.



Portfolio Value Update - February 2020


Hey guys! Welcome back to the blog. We’re already in March, which means it’s time to report my monthly progress. Let’s see how my investment portfolio did in February and how much income it generated.

Portfolio Value
In February, my portfolio value decreased by $4,092 and closed at $87,421. So far, the fear of global pandemic shaved off 4.49% of my portfolio value. My stance towards investing remains the same. I will continue to invest in high quality businesses like banks, utilities and residential real estate.



Portfolio Value Update - January 2020


Oh boy! January 2020 is already behind us. How did you like the start of the New Year? I think we started the year on a sour note. The conflict between US and Iran; the plane and the helicopter crash; the coronavirus outbreak. I feel bad for people who lost lives to this virus. It’s terrible. The death rate among infected is very high. I’m confident doctors and scientists will come up with antibodies very soon. This needs to stop so people could go back to their normal lives.



Portfolio Value
In January, my portfolio value increased by $8,414 and closed at $91,513. The majority of the increase came from new TFSA contribution of $6,000. The rest of the increase came from stocks appreciation. In the past, I would contribute to my TFSA every month to buy stocks. This year I decided to max out my TFSA contribution limit right away.