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.

What?!! Jean-François Tardif special guest at BNN The Open with Jon Erlichman

What I really wanted happen so I could enjoy this weekend: the TSX closed this past Friday session in the 16 000 points. I listen to BNN from time to time in the morning, and also in the afternoon. It's pretty much the same equivalent as listening tot he radio while working. The Open show worth watching this past Friday morning because just before the opening, Jon Erlichman had a special guest: Jean-François Tardif himself. Personally, I like Jon Erlichman, but I am getting sick over his work-from-home décor. He kind of has a vase in a corner, which looks like a farm bucket or something like that. I have a personal problem with the seeing of that ugly vase, but not only. What bothers me the most is the seeing of his dried flower sticks lying desperately inside the farmer bucket. I wonder when Amber Kanwar will be making her comeback. I think I saw her one time only recently, but that was the only time, maybe in replacement of Jon Erlichman for the day. Other than his dried flowers, I like Jon Erlichman. He's always interesting. Jon Erlichman  and Amber Kanwar are a great dynamic duo. Erlichman is better when Amber is around.

For this past Friday morning show, Jean-François Tardif décor also has somewhat annoying. In his background, he has that strange-looking figurine that probably represents a woman dress in a XIXth century outfit... golfing. It's well-known, Jean-François Tardif loves golfing, but I find that figurine weird looking and it amused me. Where that figurine is coming from and who gave it to him, I don't know, but it makes something to think about, always for the amusement part, much needed in those times of pandemic. In his background, there was also a box that seems just to be a box with office stuff. Other than his exotic golfing figurine, Jean-François Tardif office décor is not elaborate.

Of course, I listened to Jean-François Tardif carefully, almost desperately, trying to get a tip or two... After all those years, Jean-François Tardif view on investment didn't change. He's still into cash flow. According to Tardif, we are in crisis, and, at the same time, we are correcting. It's time to be more careful. Jean-François Tardif is into free cash flow at a reasonable price. According to Tardif, investors should avoid investing in companies that are not making money.

Luckily, Tardif gave BN viewers something to bite into: Diversified Royalty Corp. (DIV) and Nautilus Inc. (NLS). NLS is a US stock and DIV overall chart is not great. At 11.5%, Diversified Royalty Corp. (DIV) dividend yield is too dangerous. I dislike stocks that pay a high dividend yield like that. For me, both Diversified Royalty Corp. (DIV) and Nautilus Inc. (NLS) don't worth to be look at. I don't understand Jean-François Tardif interest. The JFT Strategies Fund (JFS.UN) that is under Jean-François Tardif management had done well under this pandemic. I used to have JFT Strategies Fund in my portfolio, but I eventually sell off all of my units as I felt that I wasn't getting enough for my money. I wanted to get much much more from Jean-François Tardif.

Did you know? Emera Inc. (EMA) had increased its dividend distribution!!!

This morning, Newfoundlander Fortis Inc. (FTS) didn't suffer much, actually not at all, from yesterday news: Fortis Inc. CEO Barry V. Perry calling for retirement. One thing for sure, shareholders can only be happy with everything that Barry V. Perry did for Fortis Inc. (FTS). I love stocks that make be shine like a diamond and Fortis Inc. (FTS) is looking good in my investment portfolio. Let's just hope that Fortis will continue its marvelous journey for a long time. I made a lot of money on Fortis Inc. (FTS) and I really want things to remain the same, or - why not - even better. Let's just wish Barry V. Perry a very long happy retirement, I have the feeling that he's a real nice person.

The TSX almost closed in the 16 000 points. This is quite encouraging, but I am staying mentally ready for more ups and downs. Today, my non-registered portfolio closed today session at $100,899.08, my TFSA portfolio at $89,193.38, and my RRSP portfolio, stocks only, at $48,149.34. I will be able to go through this, I am pretty sure. Especially while having Fortis Inc. (FTS) in my non-registered and TFSA portfolios. And I also have other super great stuff who are helping to keep my head out of the water, like for example another baby of mine, Emera Inc. (EMA).

Just a few days ago, on September 16, Emera Inc. (EMA) dividend increased $2.45 to $2.55. Yes, it's a tiny little increase, but its an increase anyway. The best thing of all being that EMA is looking forward to increasing its dividend growth through to 2022, with a target of 4 to 5%. That's really good news. And we need more good news like that over the TSX. Don't forget, things are never as dark as they appeared.

Fortis Inc. (FTS) President and CEO Barry V. Perry announces his retirement

Real bad day for the TSX as my worst fear became reality: the TSX closed in the 15 800 points. And of course, that affects the value of my different investment portfolios. I had listened to today Throne Speech, as well as Justin Trudeau's press speech this evening that took place just a few minutes ago. When I listened to Julie Payette's speech, I was pleased with everything that was presented. However, there were a lot of times in which there was a celebration of the Liberal party and of all of the great things that Trudeau has done for Canadians... It was kind of a look at us, the Liberal party is going great things for Canadians...

 

A lot of promises had been made. I think it's a real good thing to help out families and to make sure that every province had access to good childcare support. I can say that in New Brunswick, 30 years ago, there was nothing really set for childcare. Any mom could open her own kindergarten at home, without any regulations to be followed. At that time, families had to pay a high price to have their children taking care of. Back in the days, I know a relative who had a kindergarten at home, and it was a fee per day. When no system support families, that can quickly make things extra difficult. I don't know how kindergartens are how being finance in New Brunswick and the current regulations, but I am pretty sure that my home province will welcome any federal help in that matter. If the federal help in the field of child care, that will help to create jobs, and more women will be able to go to work or go back to school.

 

For that part, investing in child care is money well spend that can contribute to the wellness of everyone.

Other than that, the Liberal party will continue to give away money to support those who are out of works, and also to the businesses, different programs are being offered. It's all good, but the part that I dislike was when Julie Payette and Justin Trudeau both said that the government was able to help Canadians on credit because the interest rates are low. Nice, but at a point, all debt needs to be paid off. I feel that the Liberal party is being too generous with workers. We need all kinds of workers in different fields and sectors, but the current subvention for unemployment is being too generous, and no following up is being made to check if those who are out of work are currently looking for work. Right now, anyone can cash in unemployment benefit, they can stay at home without doing any job search, and during that time, many employers are desperate to find employees. Many things need to be improved, but they are not improving because the Liberal party generosity is being a big part of the problem. Future generations, and even mine, may have to pay a high price for that generosity. Under Justin Trudeau, the Liberal party is far from being perfect.

 

In those circumstances, my non-registered portfolio closed today session at a low $100,787.08, my TFSA portfolio at $88,699.04, and my RRSP portfolio at $47,945.02. My margin debt is now at $46,400.02, and I have left $17,301.27 in margin usage. I don't think I will proceed with any more contribution in kind for my TFSA portfolio. I am just enjoying what I have and it's about all.

 

Today, the President and CEO of one of my favorite stock ever, Fortis Inc. (FTS), announced his retirement. Under the leadership of Barry V. Perry, Fortis Inc. (FTS) was able to provide a lot of richness to their shareholders, and that include also me. I wonder how FTS stock will react to that announcement tomorrow morning. Let's wish that my next stock pick will be as good as Fortis Inc. (FTS).

How to deal with the COVID like a Dividend Girl

Yesterday, as I saw the TSX going down into the dark 15 800 points, I was seriously worrying. But today, just like magic, the TSX went back in the happy 16 000 points, so no problem :-). Today, my non-registered portfolio closed the session at $103,045.84, my TFSA portfolio at $89,525.72 and my RRSP portfolio - stocks only - at $48,265.70.

It's really unfortunate, but these ups and downs are here to remain, as long as the COVID will remain active worldwide. Even in more normal times - I hope you remember those - the TSX remains volatile and is normally sensible to a bunch of all sorts of events. The COVID is just the extra that we didn't need.

As the second round of COVID is hitting on the world, the situation is getting worst in Quebec province. New-Brunswick-Quebec border is still closed, and I think it will remain that way for a long time. Quebeckers are not careful enough while the COVID is still around and hurting more and more people. This pandemic reveals the total lack of organization of Quebeckers, their really poor health system, as well as their poor understanding of what the COVID is all about. We are in a much better place in New Brunswick because we are smarter. We understand what the COVID is, and how it manages to make it way within all of our social activities. Even if there's currently no case of COVID in New Brunswick, the population is extra careful and wear a mask in public places.

I live in Montreal and here, people more or less wear the mask properly and just don't take this pandemic seriously. As a Canadian, it's a real shame to see how Quebeckers are handling things. When it comes to COVID, you need to be extra careful. As a really smart New Brunswick, I am here to explain how to handle this shit to the best, without panicking.

The following is a Dividend Girl guide on how to deal with the pandemic.

First, always wear a mask in public places. The more you spend time in public places, the more you expose yourself to the COVID virus. You need to reduce those expositions to the minimum needed. As soon as you step outside, you are directly exposed to the virus. Everything that you touch with your hands can wear the virus on it. While wearing a mask, leave it on your face, don't touch it, don't touch the mask, don't touch your pretty face. After touching something, make sure you use Purell or a similar product on your hands.

Only remove your mask when you are back home. While being home, remove the mask carefully. Your mask may be contaminated with the COVID, put it in a place where it won't be able to contaminate anyone. Following what, wash your hands and wash for at least 20 seconds. Following what, I like to use a similar product to Purell, even after washing my hands.

While dealing with this pandemic, you need to close down your social bubble. Work from home if you can, don't visit anyone, don't go to the restaurant, don't go to the movies, don't go to the gym. However, you can: walk outside, but stay away from people. And if someone is getting to close, move out from there.

If you have a few pounds - or more - to lose, this is a good time to lose weight as the COVID like big fat inactive bodies. Eat some meat, eat a lot of veggies, and drink water. Talk to yourself and ask your body to reject the COVID virus, to destroy it if it's in you.

And that being said, I wish you good luck because you'll need some.

Northland Power Inc. (NPI) is killing it on the TSX

The TSX registered a nice little gain that drive my non-registered portfolio at $105,258.39, my TFSA portfolio at $89,954.57, and my RRSP portfolio stocks only at $48,747.37. Today, 2 of my stocks registered some quite good gain: Northland Power Inc. (NPI) with +5.22% and Quebecor Inc. (QBR.B): +4%. Also today, TFI International Inc. (TFII) announced the acquisition of a business in the US. However, the news didn't help TFII to register any gain today. Another stock that I hold, Loblaw Companies Ltd (L), had invested in Maple Corporation, which is a virtual care provider. Maple Corporation makes me think of  stock that I prefer not to invest in at this time: WELL Health Technologies Corp. (WELL).

Currently, with the number of covid cases that is raising in Quebec, and also across Canada, I don't know if we'll be bale to stay in the 16 000 points or not. It's really a week-to-week kind of situation. I always prefer to think that I will visit New Brunswick soon to keep my mental health in good shape, and I also really like to think that I will be home in New Brunswick right in time to enjoy the hunting season. But, between what I want and between what is probably going to happen, there's a big gap, unfortunately. Between March and now, I keep thinking New Brunswick, I check from time to time if the Quebec-New Brunswick border is opening, but not. And speaking about New Brunswick, believe it or not, the fire smoke of California had reached Montreal today, and it's about to soon reach New Brunswick,

Proudly paying down debt on a rainy day in Montreal

It ran a big part of the day here in Montreal. Since wake early, I was able to go for a little walk, but soon after I stopped at a coffee shop, it unfortunately started raining and it only stopped around 6 pm. More than Montreal, California would certainly had need all that rain.

The TSX closed this past Friday session in the 16 200 points. The way we were going not too long ago, it was like the TSX was about to pop up majestically to the 17 000 points, without too much problems... but no. Volatility in this market is extreme and it's surprising every time, but the only good things is that over time, you suddenly get it, it's part of the game. And it's a real dirty one. This past Friday, my non-registered portfolio closed the session at $104,063.67, my TFSA portfolio at $88,670.37 and my RRSP portfolio, stocks only, at $48,005.82. The number are not too bad, but to remain in in a similar state, I need just one thing: a TSX in the 16 000 points, and more, if possible.

Many of my most recent investments are doing quite well. With Power Corporation of Canada Subordinate Voting Shares (POW), I am on a gain of +12.36%; with Telus Corp (T), a gain of +4.33%; and with Metro Inc. (MRU), a gain of +2.49%. Among other goods news, my $4,800 credit line debt had now decreased to $3,221. I am working hard to pay it all by the end of November. Meanwhile, I am having an interesting time reading the comments post in my previous post. Being read or not, it's not something that is really important for me for many reasons. With all the too good investment picks that I provide for free, I prefer to be read by just a few. Every time - because this is not the first and probably not the last time - that I received a comment saying something like, I won't read your blog anymore... It's quite hilarious. I am not the one who's losing from this, only the reader who doesn't want to be a reader anyone is.

When it comes to Li Ka-Shing, questioning where is coming the wealth is completely legitimate. It's not because you can find the bio of the individual online that nothing is missing in it. I have no trust in Li Ka-Shing. I don't think that any Asian can possibly reaches a high level of richness without being involve in such form of crimes or with the mafia. When a rich Asian like Li Ka-Shing decided to invest his bucks in a Canadian business like WELL Health Technologies Corp. (WELL), it's your job to worry about the bad consequences that such involvement can have on the stock. When it comes to your money, you should always worry and only invest in extremely high quality stocks on which you can totally rely on.

Is WELL Health Technologies Corp. (WELL) could be a good fit in my investment portfolio?

The stock market ups and downs that we are in since the beginning of this pandemic is making hard to invest or to even like stocks. It required investments that are solid like a rock to go through this without too much damaged. In the circumstances, I considered myself lucky to have a net worth in the 200k. I always like to search for something new to invest in. Until today, I didn't have any new investment that I wanted for my portfolio, but that all changed when I met WELL Health Technologies Corp. (WELL). Having no investment dream, not having a single stock that I really want to invest in next is like super boring for me. 

 

And because I have the portfolio that I have for a long time now, it's hard to find something new to invest in, because I already hold so many great stocks. At a point, I consider it as being a normal situation not being able to find new stocks to invest in. The TSX has it limit, however, there's always something new, or a stock that went under the radar and I didn't notice for whatever reason. And that's exactly why no one should ever stop searching for new investments. You never know what you had been missing until you have find that new really hot thing.

In my case, that hot new thing is currently WELL Health Technologies Corp. (WELL). At less than $10 per stock, WELL is in a good place. That stock didn't pay dividend, but I wouldn't mind investing a small amount in it. I find that stock in The Motley Fool. It's the first time that I find a new stock to invest in by reading The Motley Fool. I don't hold any stocks that are in the health sector. I find WELL Health Technologies Corp. (WELL) interesting for that reason. WELL is a nice mix between technology and health. In my investment portfolio, I did really well on stocks that are related to the IT: CGI Inc. (GIB.A) and Calian Group Ltd. (CGY). Kind of bit like WELL Health Technologies Corp. (WELL), GIB.A and CGY both provide services in the field of technology. 

 

Back in 2019, it was said that Li Ka-Shing, a Chinese billionaire had invested in WELL Health Technologies Corp. (WELL). It's unfortunate, but stock markets are an open market, and even a rich Chinese can come over and invest in our market. And it seem like it's easy like that. Chinese interest shouldn't mix with Canadian ones. China being China, I am pretty sure that Li Ka-Shing is not an honest business man. Anyone with valuable money coming from China cannot be respectable. At a point, they had to do some crimes or financial crimes to come to that extend in a communist country. For that reason, I won't be investing in WELL Health Technologies Corp. (WELL) for now. 

 

Currently, I only want to pay off my $4 800 credit line debt. I am expecting a good amount on my paycheck tomorrow, and it will all go to pay down that little debt. I hope to clear it out soon.

Amazing Cargojet Inc. (CJT) is pushing me right to the edge

October is coming by in a hurry and it's quite sad but I don't think I will be able to visit New Brunswick for the hunting season.

Nice gain for the TSX today as we are getting higher in the beautiful skys of the 16 000 points, thanks to a nice gain close to the 300 points. Today, a stock that I hold inside my TFSA portfolio, Cargojet Inc. (CJT), registered a gain of 4.21%. Right now, when it comes to Cargojet Inc. (CJT), I am on a gain of +105.22% on that stock alone. This is really welcome because other stocks that I hold are not doing so well. For example, I am quite disappointed with the Bank of Nova Scotia (BNS) stocks that I hold inside my non-registered portfolio. Sadly, Bank of Nova Scotia (BNS) were among the first stocks to make it in my non-registered portfolio. That was several years ago. But between than and now, I am currently on a capital loss of $620.35. In this pandemic, Bank of Nova Scotia (BNS) had become both a pain and an obsession.

It wasn't that of a long time ago that I was on a good wave when it comes to Bank of Nova Scotia (BNS), I was registering good gain on that stock, but not anymore. This pandemic was hard on some stocks and Bank of Nova Scotia (BNS) is just one of those stocks that reveal itself as being weak as hell. Back in the days, if I would had invested in Royal Bank of Canada (RY) instead of Bank of Nova Scotia (BNS), I would be quite richer. Bank of Nova Scotia (BNS) proved to be just a garbage shit stock, driving me no where. Just disgusting. If could physically hit on a stock and make it eat some dust, that would be BNS. I hate my BNS stocks to the point where I am thinking about selling the BNS stocks I hold inside my non-registered portfolio to pay down my margin. Such move would reduced my margin debt to only $36,000. The other side is that BNS pay a nice dividend and I wouldn't like to say goodbye to BNS really nice dividend distribution.

On a higher note, my non-registered portfolio closed today session at $105,420.23, my TFSA portfolio at $89,148.48 and my RRSP portfolio - stocks only - at $48,480.40. I now have closed to $500 in cash balance inside my RRSP portfolio. I will be able to make a new investment soon.

I have no more investment dream, but that's ok for now

My non-registered portfolio closed Friday session on a tiny $103,997.52, my TFSA portfolio at $87,991.40, and my RRSP portfolio, stocks only, at $47,543.42.

I guess that the 16 700 points were just too good to be true, especially in the circumstances. I was getting quite comfortable and I really enjoyed having my net worth in the 230k, despite the fact that I was hoping for more gain. It's quite hard to see the TSX on a little 16,218.01 points, but at least, we are still in the 16 000 points. I don't know if it's because we are still dealing with this pandemic, but I don't have any investment project. I didn't catch on anything new that really light me on. These days, at the exception of the Cogeco takeover bid, which had been refused - for now - by the major shareholders.

Brian Belski of the really bad BMO Capital Markets is getting super excited for whatever reason and he's announcing hard and loud that the TSX is going to reach record high levels by the end of 2020. I wouldn't get too excited if I were Brian Belski, but big part of his job is to make fake prediction to trick investors. Sincerely, try at all cost to stay away from big bullshit givers like Brian Belski. The only thing he's good at, is showing off. 

Don't expect Brian Belski, even if he's a chief investment strategist, to come over with some awesome investments picks like I do. A job title mean nothing on the street. The TSX is just too volatile to make any prediction at all. Anyone with a bit of common sense will agree with me. Listening to someone like Brian Belski can create a feeling of over excitement for some investors. But right now, investors don't need excitement. We all need to keep our feet quietly on the ground, and we need not to panic, or become exciting over really anything. Right now, the best thing to do for yourself and your investments is to stay healthy, wear a mask in public area, wash your hands, eat clean. And personally, I can add to this paying down debt. Nothing better than paying down debt to stay grounded and right in your mind.

Other than my margin account debt, I currently have a credit line debt. The interest on it is super low, but I am looking forward to pay it down anyway. The amount I need to pay down is of $4,800. I am not in a mood to invest in anything. I spent my whole spring and summer, and now autumn in Montreal, without traveling, without vising New Brunswick. Saving money had become a too easy task. I should be able to pay off my credit within 3 months. $4,800 is not that of a big amount, but if you try to get it paid off, suddenly, that $4,800 began to feel like a little sum of its own. That's why it's so difficult to pay debt, because the difficulty really start when you begin the process of paying off, and than, it became difficult to live on a restrictive budget.

I hope to be able to pay it off by the end of the year, and if lucky, by November. It could be seem like a long way to go, but just a quick reminder, we are already in the month of September! Following what, I will only have left my margin debt to pay off, which is currently at $46,118.64.