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Tuesday, September 29, 2020

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.

4 comments:

  1. Your portfolio is looking good.

    ReplyDelete
  2. Wow! your networth is almost at the same level as year 2017 3 years ago.
    Dividend investing is very limited. Why not try investing in growth stocks in US?
    I did dividend investing from 2008 to 2019.My networth was $111,947 CAD. At the beginning of 2020, I changed to US growth stocks only. No more dividend stocks. Networth went from $355,401 at the end of 2019 to today (Oct 1, 2020) at $440,645 CAD.


    My full list of growth stocks:


    ZM
    CRWD
    PTON
    HUBS
    FRHC
    KNSL
    MELI
    TTD
    GLOB
    PLMR
    NOW
    DDOG
    FIVN
    BILL
    NET
    GSHD
    TWLO
    MDB
    OKTA
    BL
    SHOP
    AVLR
    TEAM
    RNG
    COUP
    DOCU
    APPF
    EVBG
    NCNO
    SNOW

    ReplyDelete
  3. This is what you wrote on Wednesday, November 1, 2017 about JFS.UN

    "Jean-François Tardif is no longer the TSX rocking star that he used to be and its a real big disappointment. So far in 2017, JFT Strategies Fund (JFS.UN) had underperformed the S&P TSX by 12.96%. Is this really a surprise? Quebeckers being the incompetents that we all know, Jean-François Tardif is no exception to the rule. Tardif is a pure incompetent."

    And my explanation of what I found about fund then was in the command of that article.
    That fund is not reall an investment but something you buy to reduce the volatility of a portfolio.

    http://www.myfirst50000.com/2017/11/newest-high-for-my-non-registered.html

    ReplyDelete
  4. I am still into dividend investing (good way of getting passive income every month) but iam putting 25 percent of money into growth stock. So far it's working for me...

    ReplyDelete