Social Icons

Featured Posts

Sunday, October 25, 2020

Here are some new investment ideas inspired by Susan Brunner

This past Friday had been acceptable over the TSX, in the sense that we closed the day in the 16 000 points. My non-registered portfolio closed the session at $102,546.60, my TFSA portfolio at $93,699.99, and my RRSP portfolio at $50,226.05. As announced previously, my credit line debt had now been paid off, but I currently have no saving - just the amount it takes to pay off my rent next month and the unfortunate bank fees. My margin debt is currently at $47,375.


I have over $500 in cash inside my TFSA portfolio. At first, my idea was to transfer that amount over my margin debt, but I now prefer to place a small investment using that money. For the moment, I was thinking about JFT Strategies Fund Class A Units (JFS.UN). I would like to invest in JFS.UN before the units hit on the $20 value. And I would only place a small investment in JFT Strategies Fund Class A Units (JFS.UN) because most of the years, that Jean-François Tardif fund doesn't pay any dividend distribution.

 

Other than JFS.UN, I had come with a few investment ideas that I tracked down on Susan Brunner's blog. I had found my inspiration in those three posts: herehere and here. Here are a few stocks that I could pick as a future investment. When I check on a list of stocks like those lists, I always check on first the overall chart. By the overall chart, I mean the chart since the really first day that the X stock began is live on the TSX. I need a good-looking chart that says that the X stock had recovered from past crises, like the stock market crash of 2008. I need to see that the stock had exceeded the value of before the 2008 crisis. I also need to see a continuous rise in the price of the stock. I need to see steady growth. A perfect overall chart will speak for itself in terms of the quality of the stock that I am looking into. I am also only looking into stocks that I am not currently holding as an investment. I came with that list:


National Bank of Canada (NA)
Dividend distribution: 4.237%
Sector: Financial Services
Stock price: $67.03

Algonquin Power & Utilities Corp. (AQN)
Dividend distribution: 3.97%
Sector: Utilities
Stock price: $20.66

PFB Corporation (PFB)
Dividend distribution: 2.163%
Sector: Industrials
Stock price: $16.64

Premium Brands Holdings Corporation (PBH)
Dividend distribution: 2.343%
Sector: Consumer Defensive
Stock price: $98.61

Innergex Renewable Energy Inc. (INE)
Dividend distribution: 2.848%
Sector: Utilities
Stock price: $25.28

Empire Company Limited Non-Voting Class A Shares (EMP.A)
Dividend distribution: 1.384%
Sector: Consumer Defensive
Stock price: $37.57

CCL Industries Inc. Unlimited Class B Non-Voting Shares (CCL.B)
Dividend distribution: 1.315%; 
Sector: Consumer Cyclical
Stock price: 54.75$

Ritchie Bros. Auctioneers Incorporated (RBA)
Dividend distribution: 1.444%
Sector: Industrials
Stock price: $81.16

Kirkland Lake Gold Ltd. (KL)
Dividend distribution: 1.078%
Sector: Basic Materials
Stock price: $61.26

Enghouse Systems Limited (ENGH)
Dividend distribution: 0.775%
Sector: Technology
Stock price: $69.70

Waste Connections Inc. (WCN)
Dividend distribution: 0.725%
Sector: Industrials
Stock price: $136.09

In that list, I am less interested in Algonquin Power & Utilities Corp. (AQN) and Innergex Renewable Energy Inc. (INE) because I already hold FTS, BLX, and EMA, which are also in the same Utility sector.

I am less attracted by stocks who are expensive, like Premium Brands Holdings Corporation (PBH), Ritchie Bros. Auctioneers Incorporated (RBA), and Waste Connections Inc. (WCN). I would be tempted to invest a smaller amount in those expensive stocks. I don't know if you remember, but PBH used to be in my portfolio back in the days. I had displayed my list by stocks that had the highest dividend distribution, but I had written this quite often: you shouldn't only consider the dividend when it comes time to pick investment for your portfolio. Dividends are important, but many things come to play. I already have many bank stocks in my portfolio, but adding National Bank of Canada (NA) in my portfolio couldn't hurt.

In that list, I think that my favorite stock pick is Empire Company Limited Non-Voting Class A Shares (EMP.A).

Thursday, October 22, 2020

Rogers Communications Inc. (RCI.B) closed today session on a fantastic gain of 11.557%!

Bring it on baby! I wasn't expecting this, especially coming from Rogers Communications Inc. (RCI.B), but I am please to take on those great gains. I wasn't really impress by all the drama surrounding the takeover of Cogeco, and it makes me dislike Rogers. I wonder what Ted Rogers would had think of all the hot mess. I don't like the idea of that deal because it involved an investor base in the US. No Americans should have a direct involvement in our Canadian media. Today, Telus Corp (T) also registered a nice gain, not an 11%, but a 2.472% is still welcome. Inside my TFSA portfolio, Rogers Communications Inc. (RCI.B) is on a gain of +5.47%.

I am currently listening to the presidential debate. Kristen Welker is doing a great job as a moderator. This debate is better than the first one for sure. It's been a tight fight and in my point of view, for this second debate, I don't find a specific winner. I would like to say that Joe Biden was better, but it's not exactly the case.

My non-registered portfolio closed today session at $103,110.97, my TFSA portfolio at $93,926.07, and my RRSP portfolio - stocks only - at $50,273.90.

Sunday, October 18, 2020

Goodbye credit line debt!

It's now official, my only debt of the moment is my margin, which is currently at $47,155.42.

My non-registered portfolio closed this past Friday session on a good $103,304.86, my TFSA portfolio at $95,280.54 and my RRSP portfolio - stocks only - at $50,529.82. I currently have $434 in cash in my TFSA portfolio. It was quite a nice autumn weekend in Montreal.

I decided it was time to pay down my credit line, so I did because I was feeling tired of always having to think about paying it down. But in result, I now have little in savings. My next thing now is to build back up my savings, and this time around, I am surprisingly a bit more ambitious, but we'll see how far I can go without falling. I may place a few investments here in there when I can. I would like to have at least a good $10,000, an even better, 15k cash in savings. I didn't have $10k in savings for a really long time. And the best time to do it for me is now. This pandemic is going to last for at least another year and this is just the perfect timing to save, save and save. It's just too strange to have a portfolio worth in the 220k, and just to have 2k in in savings. I hope to fix that problem in the next couple months. If I really work into it, I could save 15k in less than a year, and I would like to do so. For now, I starting with a goal of 3k, in order to avoid any banking fees.

On this last note, two of my stocks had closed this past Friday session on great gains:

Northland Power Inc. (NPI): 2.52%

CAE Inc. (CAE): 2.02%


Thursday, October 15, 2020

Bad day for Aphria Inc. (APH)

The TSX closed today session in the 16 500 points. My non-registered portfolio closed today session at $103,510.75, my TFSA portfolio at $94,945.75, and my RRSP portfolio - stocks only - at $50,413.56. My TFSA portfolio is super close to the $95k value right now, which is quite great. The more grow, the better.

We are all really lucky because Susan Brunner just posted a list of the best stocks that she followed. There's a lot of stocks that I already have in my portfolio in that list. I am going to check it out closely. I am currently working at paying down my credit line, which I will be able to do by the end of month. After that, I want to put back an at least $3,000 balance in my bank account, to avoid any future banking fees and after that, I would like to invest in my TFSA portfolio - or do a new contribution in kind by picking a stock in my non-registered portfolio and have it transferred in my TFSA portfolio. I miss investing on a regular basis. While doing so, I would also like to pay down my margin from time to time.

Other than that, it's been a bad day Aphria Inc. (APH). I listen to both Joe Biden and Trump exchange with their electors. Biden was for me the best performer, always calm and go in the deep in his answers. Trump sometimes don't always answer the questions in a direct and sincere way. I think Joe Biden will be the best choice for the US. Biden is more clear in his speech and more presidential. This evening was really important and now, the true colors of the candidate had been exposed. This one had played in favor of Biden, in my opinion, in case you care. lol 

Wednesday, October 14, 2020

Easy money-saving tip to help save close to $20 per month and maybe even more

I hope you had all a good Thanksgiving. This is the first Thanksgiving in a really long time that I had spent not being in New Brunswick. Just to make things worst, the hunting season was just been absolutely amazing this year in New Brunswick. My father killed a massive big moose early in the hunting season - which is unusual. Mooses are not of an easy hunting. In my life, I saw mooses only two times (but keep in mind that I never stay for the whole hunting season in New Brunswick, only a few days each year).

Also, partridges can be easily seen a bit everywhere, as well as deers. I remember years when partridges were really difficult to hunt, as there seem like there wasn't much of them in the woods. Well, those days seem to be over. Basically, 2020 was the year for hunters and I miss it thanks to COVID. Around Thanksgiving, for the past several years, I always been able to take a few vacation days and it's always been the best time ever to be able to go home at that time of the year. Because going hunting is way too much exciting!

The TSX is still on a good shape, closing the day on 16,468.80 points. Anywhere in the 16 000 points is quite a really good place, knowing that we are still in the middle of a worldwide pandemic. My non-registered portfolio closed today session at $102,940.36, my TFSA portfolio at $94,231.08 and my RRSP portfolio stocks only at $50,014.38. 

Today, a stock that I had been holding on for a really long time in my non-registered portfolio, Methanex Corporation (MX), gains 3.91% today. It's been a rocky road for MX, but I am still on a good position on this stock, and that being because MX had been in my portfolio for a really long time.

And now, on how to easily save $30 per month, that's quite easy: go for a cell plan that is lower in data, that way, you'll save certainly close to $20 per month. Now that we are spending more time at home, it doesn't worth it to have a cell phone plan high on data. I did that switch, and now I only have a 1 Go data plan, for $35 unlimited talk & text within Canada. I am with Chatr.

Thursday, October 8, 2020

Welcome in my RRSP portfolio Cascades Inc. Unlimited (CAS)!

Finally!! This took forever to happen, but I finally invested the cash money I had inside my RRSP portfolio into something. And this time, the something has the name of Cascades Inc. Unlimited (CAS). And just to add to the fun, the TSX closed today session in the 16,534.54 points. My non-registered portfolio closed today session at $104,909.16, my TFSA portfolio at $93,766.81, and my RRSP portfolio - stocks only - among with my newest invest Cascades Inc. Unlimited (CAS) - at $50,250.45. I now just realizing this, but my TFSA portfolio ($93,766.81) is almost at the same value as my non-registered portfolio ($104,909.16). 

In her latest post, Susan Brunner had reviewed a stock that I hold inside my RRSP portfolio: Logistec Corporation Class B Subordinate Voting Shares (LGT.B). Check out her review here. From my perspective, it's a good review. LGT.B never really kick it off inside my RRSP portfolio. I didn't have the pleasure yet to register capital gain on LGT.B. Maybe better times are ahead for LGT.B.

I think I will be able to pay off my credit line by the end of November. Following what, I should be able to place a one last investment for 2020. I was looking into Susan Brunner best stocks list, and I was able to find two interesting stocks that I could eventually invest in: Empire Company Ltd (EMP.A) and Ritchie Bros Auctioneers Inc (RBA). I am not done yet looking into her list so maybe I will find other stocks. Before investing in something new, I really want to pay off my credit line. Interest rates are low right now, but paying down debt is hard, and I want to at least pay off that credit line before doing anything else. Following what, I will only have left my margin debt, which in under 50k right now.

Wednesday, October 7, 2020

My next investment for my RRSP portfolio will be Cascades Inc. Unlimited (CAS)

Today, the TSX closed on a fantastic 16,428.30 points. My non-registered portfolio closed today session at $102,928.29, my TFSA portfolio at $93,713.16, and my RRSP portfolio stocks only at $50,024.86. I think it's the first time ever that my TFSA portfolio is in the 93k value. Currently, both my TFSA and RRSP portfolios are exceeding this past August value. Only my non-registered portfolio is slow to catch up. Back in August of this year, my non-registered portfolio value was in the $110,000 and currently, that same portfolio is in the $102,000. However, please note that I had one investment - Rogers Communications Inc. (RCI.B) - that used to be in my non-registered portfolio, and that is now in my TFSA portfolio.

Today, I received in the mail a credit card balance transfer offer from CIBC. The offer is a credit card balance transfer for 10 months at 0% interest rate, but with an initial fee of 2% for the transfer. At a time when I am desperately trying to pay off my credit line debt, that offer makes me laugh. Currently, my credit line balance is at $2 928.25. Soon enough, that balance will be down to $1,739. I cannot wait to have it all paid down. Following what, I may be able to place an investment for the month of December. 

Justin Trudeau made today an interesting announcement that could be profitable for Cascades Inc. Unlimited (CAS) in the long run. By the end of next year, we shouldn't see any plastic straws, stir sticks, carry-out bags, cutlery, dishes and takeout containers, among with six-pack rings for cans and bottles, in circulation in Canada. It was about time. It's quite sad to see that in 2020, we're not doing much for the environment. We should have banned the use of plastic from our life several decades ago. This Canadian plastic ban could mean more growth for a company like Cascades Inc. Unlimited (CAS) who's already a leader in the production of packaging made of recycled fibers, like those ones

I still have a little sum in cash of +$500 inside my RRSP portfolio that is patiently waiting to be invested. In the circumstance, I think that Cascades Inc. Unlimited (CAS) is a good choice. CAS overall chart is not perfect, but it's no disastrous and who knows, maybe the future will be better for Cascades Inc. Let say that I really taught about this one. It will bring on some diversification to my portfolio. 

Inside my RRSP portfolio, I am already involved in the packaging sector with a stock that discovered way back on Stockopedia: Richards Packaging Income Fund (RPI.UN). RPI.UN is specialized in.. bottles. And I made a lot of $$$ on that stock alone. And now, Cascades Inc. Unlimited (CAS) will add on to that packaging sector of mine.

Sunday, October 4, 2020

Other than JFT Strategies Fund Class A Units (JFS.UN), Cascades Inc. Unlimited (CAS) could be a good pick for my RRSP portfolio

Luckily, the TSX closed this past Friday session exceeding the 16 000 points. My non-registered portfolio closed at $101,451.41, my TFSA portfolio at $91,270.96 and my RRSP portfolio at $49,235.68. I had been busy and in result, I didn't place any new investment for my RRSP. So I still have a little $528 in cash inside my RRSP stocks portfolio. Other than JFT Strategies Fund Class A Units (JFS.UN), I came along with a stock that been highlight lately by BNN: Cascades Inc. Unlimited (CAS).

This past Friday session, one of my latest investment, Power Corporation of Canada Subordinate Voting Shares (POW) registered a great gain of 2.76%. Since "inspection" inside my non-registered portfolio, POW had registered a capital gain of +15.82%, which is quite great, especially in this pandemic environment.

I notice that BNN talked from time to time about Cascades Inc. Unlimited (CAS). CAS could be an interesting bet. JFT Strategies Fund Class A Units (JFS.UN) can bring in stability for the few dollars I currently have available to invest, but JFS.UN won't bring in any cash dividend. Dividend distribution is extremely important. It's because of the dividend I earn inside my RRSP portfolio that I can make a new stock investment inside that same RRSP stocks portfolio. And that's quite a precious process because even small investments made from time to time can bring on a lot of richness over time. I think I am a living illustration of that.

I used to be invested in JFT Strategies Fund Class A Units (JFS.UN), but I dislike my experience with that fund. When the TSX was rocking my world, the JFS.UN was in slow motion. As an investor, I wasn't feeling much alive when JFT Strategies Fund Class A Units (JFS.UN) was from my investment. JFS.UN doesn't pay any dividend distribution on a steady continuous way. Back in the days, when JFS.UN was in my portfolio, JFS.UN paid dividend about one time only, from what I can remember. You cannot rely on JFT Strategies Fund Class A Units (JFS.UN) for a continuous dividend distribution. It only pay dividend once in a tiny while. JFS.UN value is steady, but it never jump out in the sky in term of capital gain. You can compare JFS.UN to just an ETF, but a good one, that will never bring in high expectations in term of value.

It's why I prefer to keep thinking and it make me somewhat of a pandemic activity. There's never been a better time to search for perfect investment ideas, because perfection is hard to find. Cascades Inc. Unlimited (CAS) is not exactly perfect. If you want understand what I mean, I would say that POW is what you could considered as being a perfect stock.

Tuesday, September 29, 2020

An investment idea for my RRSP portfolio: JFT Strategies Fund (JFS.UN)

I listened to the first debate between Trump and Biden. I left somewhat confused out of it, but Biden gave a good performance and was strong. Trump not being your usual politician, it was hard for Biden to say a word without being interrupted by Trump. 

Tomorrow at midnight, Montreal will be making its comeback to the red zone, which mean that movies, public libraries, theaters and bars will be closed for the next 28 days. Restaurants will be open, but only for takeouts. Fortunately, hairdressers, gyms ans stores are remaining open. I didn't really wanted to visit the hairdresser now as I find my hair kind of ok for now. The only thing I would like will be to get some new highlights, but since that is costly, and I am trying to resist to the temptation for now.

Today was just another ordinary day for the TSX. Despite the fact that it was a real ordinary day, my TFSA portfolio closed at what I think is its highest value ever: $91,263.51. My non-registered portfolio closed today session at $102,528.11, and my RRSP portfolio stocks only at $49,216.40. My numbers are not ugly. I currently have a cash balance of over $500 in my RRSP portfolio and I didn't place any new investment yet. However, seeing lately Jean-François Tardif at BNN gave me this new idea: maybe JFT Strategies Fund (JFS.UN) could be a good investment idea for my RRSP.

Sunday, September 27, 2020

What?!! Jean-François Tardif special guest at BNN The Open with Jon Erlichman

What I really wanted happen so I could enjoy this weekend: the TSX closed this past Friday session in the 16 000 points. I listen to BNN from time to time in the morning, and also in the afternoon. It's pretty much the same equivalent as listening tot he radio while working. The Open show worth watching this past Friday morning because just before the opening, Jon Erlichman had a special guest: Jean-François Tardif himself. Personally, I like Jon Erlichman, but I am getting sick over his work-from-home décor. He kind of has a vase in a corner, which looks like a farm bucket or something like that. I have a personal problem with the seeing of that ugly vase, but not only. What bothers me the most is the seeing of his dried flower sticks lying desperately inside the farmer bucket. I wonder when Amber Kanwar will be making her comeback. I think I saw her one time only recently, but that was the only time, maybe in replacement of Jon Erlichman for the day. Other than his dried flowers, I like Jon Erlichman. He's always interesting. Jon Erlichman  and Amber Kanwar are a great dynamic duo. Erlichman is better when Amber is around.

For this past Friday morning show, Jean-François Tardif décor also has somewhat annoying. In his background, he has that strange-looking figurine that probably represents a woman dress in a XIXth century outfit... golfing. It's well-known, Jean-François Tardif loves golfing, but I find that figurine weird looking and it amused me. Where that figurine is coming from and who gave it to him, I don't know, but it makes something to think about, always for the amusement part, much needed in those times of pandemic. In his background, there was also a box that seems just to be a box with office stuff. Other than his exotic golfing figurine, Jean-François Tardif office décor is not elaborate.

Of course, I listened to Jean-François Tardif carefully, almost desperately, trying to get a tip or two... After all those years, Jean-François Tardif view on investment didn't change. He's still into cash flow. According to Tardif, we are in crisis, and, at the same time, we are correcting. It's time to be more careful. Jean-François Tardif is into free cash flow at a reasonable price. According to Tardif, investors should avoid investing in companies that are not making money.

Luckily, Tardif gave BN viewers something to bite into: Diversified Royalty Corp. (DIV) and Nautilus Inc. (NLS). NLS is a US stock and DIV overall chart is not great. At 11.5%, Diversified Royalty Corp. (DIV) dividend yield is too dangerous. I dislike stocks that pay a high dividend yield like that. For me, both Diversified Royalty Corp. (DIV) and Nautilus Inc. (NLS) don't worth to be look at. I don't understand Jean-François Tardif interest. The JFT Strategies Fund (JFS.UN) that is under Jean-François Tardif management had done well under this pandemic. I used to have JFT Strategies Fund in my portfolio, but I eventually sell off all of my units as I felt that I wasn't getting enough for my money. I wanted to get much much more from Jean-François Tardif.

 

Thank you

Thank you for visiting!
 
Blogger Templates