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Tuesday, December 22, 2020

Welcome in my RRSP portfolio JFT Strategies Fund Class A Units (JFS.UN)!

My non-registered portfolio closed today session at $112,327.85, my TFSA portfolio at $101,752.98 and my RRSP portfolio, stocks only, at $52,723.52. Also today, for no obvious reason, Boralex Inc. Class A Shares (BLX) gains 8.114%+!!! In her latest post, Susan Brunner reviews one of my top performers, the one and only: Richards Packaging Income Fund (RPI.UN) so go check it all. I invested in RPI.UN back in 2016. While investing in a new stock, I always hope for the best, but little that I knew back in the days that Richards Packaging Income Fund (RPI.UN) was going to be one of my most successful investments OF ALL TIME! And I own this one to my very good impressions and Stockopedia. I recently registered to Stockopedia, taking advantage of their promotion for Black Friday because I missed Stockpedia. I made really good finds using that platform. Without Stockopedia, it's a lot harder for me to find some new stocks to invest in. BNN won't help in that matter, either of any of the big financial media. I just want to get a bit more than what I have now. I did some overtime in 2020 and for 2021, I expect to do even more to help provide cold cash that will quickly turn hot on the stock market. I already complete some searches on Stockopedia. Luckily, a long list of stocks results from those searches, so more good investment ideas are here to come. 

I didn't invest any new money of my own in my RRSP for quite sometimes but recently, I proceed with a 1k contribution to my RRSP stocks portfolio. I decided to do so because in 2020, I worked extra hours at work and I don't want to be stuck having to pay extra in taxes because of that overtime. I think 1 k will be enough, on top of what I already contribute at work. I am not a huge fan of RRSP, I prefer TFSA and non-registered contribution because that money is available anytime I need it. But now that I have over 100k in my TFSA, close to 1115k in my non-registered, I am at a point where adding a bit of extra money inside my RRSP won't hurt me, especially if it helps me to decrease the amount I need to pay extra in taxes.

Today, I invested that money I had in my RRSP portfolio in JFT Strategies Fund Class A Units (JFS.UN). Currently, I have a bit more than $311 cash inside my TFSA portfolio, so soon enough, it will be time to invest in something new, this time for my TFSA. For 2020, the only thing left I want to do for my portfolio is to transferred the BCE Inc. (BCE) shares that I hold in my non-registered portfolio to my TFSA portfolio. I taught about partly selling SIS because Derek Foster did so, but I decided not to do so in the present time.

1 comment:

Unknown said...

What a great post! Thank you for sharing this information.


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