Wednesday, April 22, 2020

Victoria TFSA portfolio - April 22, 2020

April 22, 2020

Introduction


It is an exciting day since S & P 500 index went up 2.8%. I like to figure out how I can realize those gains, since it is hard to make money these days, a lot of layoffs around the world since coronavirus.


20 minutes update


Let me review S & P 500 index first.

Balances

Since I have to prepare the market will test another low in next few months, recently I sold VFV and VAB to keep them in cash.

One of ideas is to time the market buy low and sell high on VAB.TO ETF. I do believe that $50 dollar/ month dividend can not beat price fluctuation if the swing is bigger than $1/ share, my gain can be $1000 dollars since I can purchase 1000 share.




The profit for the day is $670. I am happy even though it is unrealized. I just train my muscle memory one more time, happy for virtual gain.


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