Two investment ideas to start the New Year: Open Text Corporation (OTEX) and Suncor Energy Inc. (SU)

I just realize now that I still had PFB Corporation (PFB) in my latest portfolio update, under the list of stocks that I hold inside my TFSA portfolio. Unfortunately, PFB got acquired by a company that's not trading over the TSX, and as result, PFB Corporation got delisted. This means that now, PFB Corporation (PFB) is nowhere to be found over the TSX. It's a bit frustrating because I work really hard at trying to find new and reliable stocks to invest in. For me, it was clear, PFB Corporation (PFB) was my next pot of gold. It had actually, in a way because I received a dividend, a special dividend and great cash following PFB delisted, but my idea was more growth in the long term, rather than a quick and easy $$$.

Also under the list of stocks hold inside my TFSA, I finally modified the name of Morneau Shepell Inc. (MSI) to its current name, LifeWorks Inc. (LWRK). Overall, I am a gain of 39.32% on LifeWorks Inc. (LWRK). It seems impressive, but that's only because I had been holding on to my LWRK stocks for a very long time, at a time when LWRK was trading under the name and ticket of Morneau Shepell Inc. (MSI). For the past 3 years, LifeWorks Inc. (LWRK) chart hasn't been really impressive. And on top of everything, LWRK is not really well ranked on Stockopedia. I hold LWRK inside my TFSA portfolio only because I had been holding to it for a really long time. However, I wouldn't recommend LWRK as a new investment. You can find much better stock ideas for your investment.

Earlier today, I received a couple of alerts from my Yahoo Finance application regarding Berkshire Hathaway Inc. (BRK.B), Toronto-Dominion Bank (TD), and Royal Bank of Canada (RY) indicating that they had reached an all-time high value. However, the TSX didn't close on a high note today. With today's 21,039.66 points, that left me with a non-registered portfolio at $134,953.28, my US portfolio at $4,816.30 US, my RRSP portfolio - stocks only - at $65,789.17, and my TFSA portfolio at $125,858.30.

While the TSX was losing -0.93%, the JFT Strategies Fund Class A Units (JFS.UN) was gaining +0.476%. This is the reason why I like to have some JFS.UN units in my portfolio because it bring in a sort of stability within the chaos.

I am still checking around for new stocks to invest in. However, I don't plan to do my first investment in 2022 in the next few days. In my previous post, I explained that I plan to put some money aside on my margin, as well as or my savings. For that reason, I prefer to wait until the end of the month before investing in anything, just to make sure it remains within the limit of my budget. 

While remaining patient, I may have spotted at least two stocks to invest in. For 2022, its been said that energy stocks might be a good investment. And I agree with this article regarding Suncor Energy Inc. (SU). I already own some Suncor Energy Inc. (SU) stocks in both my RRSP and TFSA portfolios. I have a bit of room to increase my intake on Suncor. Now that I am trading with National Bank Direct Brokerage, I have the liberty to invest whenever and whatever amount. The $0 commission fee is giving me all the liberty of the word.

Another investment idea I have is Open Text Corporation (OTEX). Earlier in November 2021, Open Text Corporation (OTEX) CEO Mark Barrenechea talked on BNN. You can listen to his interview right here. I find Barrenechea quite interesting. A couple of years ago, Open Text Corporation (OTEX) was in my investment portfolio. I get rid of it because I wasn't satisfied with its growth, but now, I am ready to get back in OTEX. I wouldn't mind placing a small investment in Open Text Corporation (OTEX). this time, I would buy my shares in OTEX and just forget about them. It would be an investment made in the long run. In one of her latest posts, Susan Brunner refers to a site, and on it, I find this article regarding OTEX.

While trying to catch on to some good stocks to invest in, I like to take some walks, whenever the weather is not too cold. Other than working, watching TV, and searching for stocks, walking is my main activity. This being said, I rarely go out when the weather hits behind -15. Here are some pictures of what I can see around: trees, trees and... more trees :-)