Coronovirus month - YTD now -2.35% Reduced mortgage but increased margin debt was about to liquidate ALS +/- FFH but poor timing excess liquidity reduced significantly $304K (will be dipping into LOC by $50K once excess liquidity approaches $275K
Cash up - to be deployed on margin debt +/- TFSA investment
Initial deposit on new investment condo = $20K USD up 1.32 to 1.33
* new lending arrangement secured by 2nd mortgage of $700K on borrowers house starting Nov 1st Will be held as bond type asset yielding 6%/annum plus fees Will borrow from IBKR to facilitate loan (2.4% charge)
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