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Wednesday, January 8, 2020

New Start: 2020

Near the end of 2018, market was taking a major dive.  All the paper gains, I previously held were diminishing before my eyes.  I panicked and sold off most of my holdings in my IB Margin account.  That proved to be my worst downfall to date.

For 2019, I was like a walking zombie literally as I had a young colicky baby who woke up every 2-3 hours each night and a rumbustious toddler to test my patience.  I was not active in the market at all.  I missed out on a stellar market rally.

Boohoo, this is my sad stock story.  But I am determined to start a fresh and get back into the swing of things.  My RRSP (27.64%) and TFSA (38.07%) has been growing steadily as I have left most of my stocks alone.  IB Margin (-32.85%) is in the negative (OUCH) as I have withdrawn cash to fund other commitments.

Could 2020 be a record year again?  Or could it deflate again and I can catch my footing again?

Time will only tell.

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