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.

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.

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.

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.