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Wednesday, September 4, 2019

Welcome in my RRSP portfolio Leon's Furniture Limited (LNF)!

Yesterday, I did my move, I proceed with the purchase of some Leon's Furniture Limited (LNF) stocks, but only inside my RRSP portfolio. And today, I was seriously looking at selling the RioCan Real Estate Investment Trust (REI.UN) stocks that I hold inside my TFSA. But I wanted to proceed with the sell only when the price allows me to cover the commission fee of $9.99. I am so almost there, but not there yet. So the new investment for my TFSA will have to wait for now. I prefer to sell REI.UN before proceeding with any new purchase for my TFSA. That way, I will have more cash power to make a super great investment. The only little problem I have at this time is that I don't know what that super great investment will be made of.  I did some quick browsing on Stockopedia but nothing great show up. 

At first, I had my views on TerraVest Industries Inc. (TVK), but I find that the overall chart is not strong enough. It's getting better now, but the general picture is not good enough.


While picking a stock to invest in, it's among the first thing I check: the overall chart. I will go as far as twenty years ago and I want a chart that goes only up. Those stocks are quite hard to find. Canadian Pacific Railway Limited (CP) is kind of having the style of chart I want, but the stock is like super expensive. I don't understand why this one is not going over a split or something.

 If you want an example of what a perfect overall chart look like, take a good look at my baby CNR.

And of course, I own Canadian National Railway Co (CNR) in my portfolio. I need to find a new gem that will lead to a beautiful future. Now the question is: where am I going to find it? WHERE ARE YOU.

Monday, September 2, 2019

Happy Labour Day, TSX Investors!

I always loved long weekend. 3 days off is better than 2 days. Those are like perfect quiet time to do my nails and check on some important stuff: my portfolio. This past session was great for the TSX. At 16 444 points this past Friday, my non-registered portfolio closed at $115,272.14, my TFSA portfolio at $79,309.08 and my RRSP portfolio - stocks only - at $45,786.89. I had updated my investment portfolio. Altogether, my portfolios worth $272,976.33‬. My net worth is now at ‭$226,482.26‬, which is an increased of exactly $345.21 compare to June 2019. The gains are little, but at least, I am not decreasing in value. Currently, we are facing so many challenging, a recession might not be too far away, but right now, the worst is between Trump and China. The trade war is creating a lot of volatility on the stock market. It's the main reason why I only own a +$345.21 gains compare to June of this year - that and fact that I didn't get serious about saving money during the past couple of months. But now, September is already in so that is about to change. 

As you have noticed, I have some cash available to invest inside my TFSA portfolio and RRSP portfolio. I was thinking about transferring the cash I had in my TFSA portfolio into my non-registered one to pay down my margin debt, but that was until I suddenly wake up. In recent years, Derek Foster came along with some new stock ideas and it seems like at first, I never really like what he's investing in. It's just several days later that I wake up and suddenly told myself: wake up bitch, you need that stock and you need to do just like Derek Foster. 

It's funny, but it's how things had been working lately between Derek Foster stock picks and me. In his latest newsletter, Derek Foster informs our poor soul that he had invested in Leon's Furniture Limited (LNF). So I am going to do exactly like him - again - at least when it comes to the cash I have inside my TFSA portfolio. I  am just trying to remember right now what was the last stock I had invested in that was a Derek Foster stock. Could it be Enbridge? I don't know for sure. I am just too lazy to conduct the search on my own blog.

In defense of Derek Foster and not mine, Leon's Furniture Limited (LNF) has a nice chart, pay a good dividend distribution (3.5%). And on top of that, LNF is quite well rank on Stockopedia. Over there, LNF is enjoying a 99 StockRank, as well as a Super Stock nomination. So I mean what better can I get? It's getting harder and harder for me to find the perfect stock for my almost perfect investment portfolio. It's just that Leon's Furniture Limited (LNF) doesn't bring in any sort of excitement to me. I don't know why. Maybe it's a good sign after all. Anyhow, tomorrow, I will be investing a bit of money in LNF. An investment in  Leon's Furniture Limited (LNF) certainly will be better than any money investing in Jean-François Tardif 's JFT Strategies Fund (JFS.UN). JFS.UN is going no where and cannot bring any richness to smart investors like I am. I am just glad that I don't hold any JFS.UN unit in my portfolio anymore.

My investment portfolio on date of August 30, 2019

Cold cash: $2,001.55‬

Stocks and Units investment portfolio $CAN
Bank of Nova Scotia (BNS): $11,115.6‬0
Methanex Corporation (MX): $4,445.48‬
Fortis Inc.
(FTS): $6,871.25
Pembina Pipeline Corporation (PPL): $31,193.6‬0
Corby Distilleries Limited (CSW.A): $2,422.16‬
iShares S&P/TSX Capped REIT Index (XRE): $3,016.86
New Flyer Industries Inc. (NFI): $3,225.66‬
TMX Group Inc. (X): $922.48‬
K-Bro Linen Inc. (KBL): $3,839
TransCanada Corp (TRP): $1,705.5‬0
Canadian National Railway Co (CNR): $11,034
Enbridge Inc. (ENB): $14,694.90
Emera Inc. (EMA): $1,442‬
BCE Inc. (BCE): $1,386
Saputo Inc. (SAP): $1,600.80
Loblaw Companies (L): $874.44‬
Savaria Corporation (SIS): $5,688.24
WSP Global Inc. (WSP): $3,604
Aphria Inc. (APH): $1,678
George Weston Limited (WN): $108.17
(KML): $4,404‬

TOTAL: $115,272.14

Stocks and Units investment portfolio $US:
Berkshire Hathaway Inc. (BRK.B): $1,627.28
General Mills Inc. (GIS): $1,721.6‬0
Cash: $0

TOTAL: $3,348.88 US: $4,446.98‬ CAN

Tax-free savings account (TFSA):
Dumont Nickel Inc. (DNI): $12.92
RioCan Real Estate Investment Trust (REI.UN): $926.80
CT Real Estate Investment Trust (CRT.UN): $1,468‬
Canadian National Railway Co (CNR): $4,904
Exchange Income Corporation (EIF): $38.50
Brookfield Infrastructure Partners L.P. (BIP.UN): $4,191.52
Brookfield Renewable Energy Partners L.P. (BEP.UN): $1,494.6‬0
Andrew Peller Limited (ADW.A): $2,408.9‬0
Hydro One Limited (H):
Toronto-Dominion Bank (TD): $1 444
Boyd Group Income Fund (BYD.UN): $5,343.60
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN): $3,748.50
Data Communications Mgmt (DCM): $6.12
Morneau Shepell Inc. (MSI): $2,943.90
Royal Bank of Canada (RY): $3,983.2‬0
Park Lawn Corporation (PLC): $1,518.60
Toromont Industries Ltd (TIH): $2,550.8‬0
BCE Inc. (BCE): $567‬
Northview Apartment Real Estate Investment Trust (NVU.UN): $4,441.50
Sienna Senior Living Inc. (SIA): $1,500‬
Boralex Inc. Class A Shares (BLX): $827.20
Richelieu Hardware Ltd. (RCH): $1,177.60
Savaria Corporation (SIS): $767.20
Northland Power Inc. (NPI): $2,525‬
Calian Group Ltd. (CGY): $2,527.1‬0
BMO Bank of Montreal (BMO): $1,825.20
Canadian Utilities Limited (CU): $1,614.90
WSP Global Inc. (WSP): $1,802
Granite Real Estate Investment Trust (GRT.UN): $637.1‬0
Cargojet Inc. (CJT): $2,984.68‬
Nutrien Ltd. (NTR): $3,352.50
TFI International Inc. (TFII): $3,100
Canadian Imperial Bank Of Commerce (CM): $3,093.90
SIR Royalty Income Fund (SRV.UN): $1,024‬
ATCO Ltd. (ACO.Y): $2,850 
Aecon Group Inc. (ARE): $1,849 
Brookfield Asset Management Inc. Class A Limited Voting Shares (BAM.A): $2,609.08
Cash: $1,250.16‬

TOTAL: $79,309.08

RSP investment portfolio: 
Emera Incorporated (EMA): $16,611.84
EnCana Corporation (ECA): $637.20
Toronto-Dominion Bank (TD): $2,166‬
Telus Corp (T): $2,411.5‬0
Royal Bank of Canada (RY): $1,991.60
Savaria Corporation (SIS): ‬$2,213.92‬
Thomson Reuters Corporation (TRI): $3,293.64
Park Lawn Corporation (PLC): $5,062
Richards Packaging Income Fund (RPI.UN): $1,320.33‬
Toromont Industries Ltd (TIH): $446.39‬
CAE Inc. (CAE): $2,439.50
CGI Group Inc. Class A Subordinate Voting Shares (GIB.A): $3,654.70
Boralex Inc. Class A Shares (BLX): $1,034
Quebecor Inc. (QBR.B): $749.75
Logistec Corporation Class B Subordinate Voting Shares (LGT.B): $261.80
Brookfield Renewable Partners L.P. (BEP.UN): $946.58
Cash: $546.14

Total: $45,786.89‬     

CIBC Dividend Growth Fund + CIBC Emerging Markets Index Fund + CIBC Monthly Income Fund: $2,926.49‬

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.45

GIC National Bank: $1 342.86              

Manulife Fidelity NorthStar GIF CAP B: $1,167.98‬
Manulife Simplicity Growth Portfolio: $1,392.84
Maritime Life CI Harbour Seg Fund: $1,274.58
Maritime Life Fidelity True North Seg Fund: $1,693.97
Manulife GIF MLIA B World Invest: $1,216.03‬
Total: $6,745.40

Other various: $14,030.19‬

TOTAL: $71,911.58

Social Capital at Desjardins Membership share: $35
Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:
On date of August 30, 2019
$272,976.33‬

My debt situation on date of August 30, 2019

Margin account: $46,494.07 @ 5.50%
Annual interest: $2,557.18
On date of August 30, 2019

*For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.
 

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