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Wednesday, December 23, 2020

Watch out for Boralex Inc. Class A Shares (BLX) (it's on fire for whatever reason!)

Today, my non-registered portfolio closed the trading session at $112,907.27, my TFSA portfolio at $101,788.27, and my RRSP portfolio at $52,941.95. This evening I got the best meal ever, nothing difficult to make, but so good: a pancake with maple syrup and smoked salmon. I am quite good with meals that can be done quickly and easily. No time to waste. Something else that I like is cooking cranberries. I don't like cranberries, I adore cranberries. It's among the easiest thing to cook and its taste so good. It would be good with just a bit of vanilla ice cream, right on time for Christmas Eve :-)

This is the second day in the row that I am noticing great gains for Boralex Inc. (BLX). I remember back in the days, when I first invested in BLX, I wasn't expecting to be that much successful with it. Actually, my story with Boralex is quite similar to the one I have with Richards Packaging Income Fund (RPI.UN), an unexpected long love affair and I couldn't imagine not having BLX or RPI.UN in my portfolio. Sometimes - I will admit - I just want to pick something new to add up to my collection of assets. But always, I am investing in this or that, hoping for the best, but also knowing that I am making just another great investment moves. Sometimes, my results are just better than expected. 

I proceed with the little contribution in kind for the BCE Inc. (BCE) shares that I was holding inside my non-registered portfolio over my TFSA. It's a good thing because now, all the stocks that I hold of BCE will be all in the same portfolio spot. The number of investments that I hold inside my non-registered portfolio is getting shorter and shorter. For 2021, I will try to contribute to my TFSA using mostly cash. I hope to make great findings on Stockopedia as I did before for RPI.UN, and many others, like Richards Packaging Income Fund (RPI.UN), Park Lawn Corporation (PLC), and Cargojet Inc. (CJT), among others.

Talking about Stockopedia, while conducting my searches on the platform, I notice that JFT Strategies Fund Class A Units (JFS.UN) was now featuring in one of their screens that is name "Trading below Cash Screen". Briefly, that screen tries to target investments that are strong enough to handle any kind of stock market shit. And that is precisely the reason why I decided to invest in some JFS.UN units, although it doesn't pay any dividend distribution. However, some years, like last year, JFS.UN had paid some dividend distribution. Will I be lucky enough to get some juice this year? If so, I promise to never ever again to say any bad things about Jean-François Tardif. I promise.

1 comment:

Maddog said...

Love BLX!! Merry Christmas!!


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