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Wednesday, November 4, 2020

My best Canadian stock investment is: Richards Packaging Income Fund (RPI.UN) with a +282.68% amazing gains!!!

It's been crazy last night. I went to bed with the TV on, I was hoping to at least catch the name of the new US President in my sleep... Before I went to bed I try to concentrate and figure out who was going to win this election and I went with Biden, but within a tight fight. Sleeping with the TV on disturbing my sleep, and I closed it when it passes midnight. When I wake up this morning, I wasn't feeling well and had a headache. I just wonder how bad those Americans felt after hearing Trump screaming: STOP COUNTING THE VOTES in Pennsylvania! For myself, luckily enough, a quick walk outside resolved my problems. That bad night didn't worth the effort, as no official winner had been declared, even so far. This is quite a long and slow process. It's quite unbelievable that one of the riches' countries of the world cannot say, on election day, who's its President. That fact alone speaks quite loud for itself. Those poor Americans are dealing with more and more misery as time passes by.


During that time, my lovely TSX closed the day on 15,998.74 points. And during the day, we even hit on the 16 000 points, it was quite exciting. I was of course hoping for some more gains, but it didn't happen. It will take time. First, we need to know who's the actual President of the US. My non-registered portfolio closed the day on $100,255.30, my TFSA portfolio at $93,083.20, and my RRSP stocks only portfolio at $49,663.67. Currently, my margin debt is at $47,322.80.

  

I was listening to BNN today and at one point, my precious Cargojet Inc. (CJT) was mentioned by Andrew Bell at some point and while listening, I switched from my laptop to the TV screen and I was like: that's my baby! And after what, CJT beautiful chart was right there on TV. Nice! Good stuff BNN. In my TFSA portfolio, I am on a gain of +190% when it comes to CJT. I discovered Cargojet Inc. (CJT) on Stockopedia back in October 2018.


A little while ago, I was asked by a reader of my awesome blog what is my best stock. So I checked on my 3 portfolios, my non-registered, portfolio and RRSP. It appears that I hold my best stock inside my RRSP portfolio. My best stock is Richards Packaging Income Fund (RPI.UN), with a super great gain of +282.68%. Richards Packaging Income Fund (RPI.UN) had been in my RRSP portfolio since July 2016. Just like for Cargojet Inc. (CJT), I had found RPI.UN back in the days on Stockopedia. I have to say that I really miss not being able to consult Stockopedia. I feel like I was much more powerful with that tool in my precious hands. At some point, it's quite insulting to notice that a tool coming directly from the UK had been able to provide so much to me in terms of financial health. It's too difficult to find new stocks to invest in all by myself.

 

BNN Canada is certainly great to listen to, but I never made great discoveries there. While I can certainly scroll all the stocks that the TSX holds, it's way better to do it using Stockopedia screens. The reason being is that the TSX is home to many many stocks. I don't know how many stocks exist on the TSX, but there are certainly several hundred, if not thousands. And the US stock market is even bigger... Without using any tool, it's quite difficult to make great finds. But the greatest difficulty for me is to admit that I actually need Stockopedia.

Wednesday, October 28, 2020

The TSX is no longer in the 16 000 points

The TSX closed the day on a poor 15,586.57 points. It's ugly and doesn't look good. My numbers are not looking good - but I am looking anyway. What I see? My non-registered portfolio closed today session at $98,600.64, my US portfolio at $3,565.88 USD, my TFSA portfolio at  $90,775.73, and my RRSP portfolio, stocks only - $48,332.50. My numbers are all down of course, but despite it all, a few little good news.

One being that my margin debt is now down to $47,338.13, down of -$36.87 with the help of dividend gains. Today, a few of my stocks closed inn a positive gain territory: Nutrien Ltd. (NTR): +0.53% and Northview Apartment Real Estate Investment Trust Trust Units (NVU.UN): +0.06%. My latest investment, JFT Strategies Fund Class A Units (JFS.UN) have took the hit well. And it's the only good thing about holding to some JFS.UN: it can handle well all the trauma that is going on.

Monday, October 26, 2020

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

Or should I say... welcome back, because back in the days, I used to have some money invested in JFS.UN. Other than that, it's been a bad day for the TSX and I have nothing else to say.

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).
 

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