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Thursday, October 8, 2020

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.

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