Portfolio Value Update - April 2020

Portfolio Value
In April, my stock portfolio value increased by $4,980 and closed at $72,827. The portfolio is recovering slowly from the sharp drop of $19K last month. I have allocated over $9,000 for new stock purchases in a regular account as my TFSA is maxed out. Please note that my portfolio value excludes the cash balance.

April 11, 2020 Update - Staying at Home, Stock Market and New Camera

Hello guys. I hope you’re doing well. I just wanted to give a quick update on what’s going on over here. We are doing fine, just sitting at home, on a mission to flatten the curve.

Next week, it will be the 7th week of staying at home. For us, the lockdown began a few weeks before an official lockdown. As of March break, we avoided going out because we knew what was coming here. The government was not acting fast enough so we started to isolate ourselves way before the shutdown.

Portfolio Value Update - March 2020

Portfolio Value 
In March, my portfolio value decreased by $19,574 and closed at $67,847. This was the biggest month-to-month decline in my investing history. Basically, the portfolio value rolled back where I started a year ago. I expect the month of April to be under pressure as well however, I’m ready to invest new capital should the market continues to tank. My portfolio is 10% cash, ready for buying opportunities. 

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.