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Sunday, 26 March 2017

My best secret unknown stock that is a must to any investment portfolio: ATCO Ltd. (ACO.Y)

My newest investment proud is definitively ATCO Ltd. (ACO.Y). Toromont Industries Ltd (TIH) is also really great. Sometimes, an investment doesn't rock on right away inside a portfolio. It need to take its air and relax. Others are in the act immediately, and its been the case with my investment in ACO.Y. At this turning point where I am so super close of my first $200 000 net worth, I need to hold on to only the best investments and only the best. I cannot lose money, I need to make money. I need great dividend income distribution. And I am currently at an annual dividend income of $7 322.03 or the equivalent of $610.17 / month - excluding my RRSP distribution.

Its great to keep track of dividend income, but its dangerous at the same time to focus exclusively on dividend distribution. Stock paying over 5% in dividend yield should be considered as dangerous and risky investments. Stock that pay a high dividend income are mostly tempt to reduce their dividend distribution and when a distribution cut is being announced, the stock value usually plunge. And its when you'll lose money. I hold some of those in my investment portfolio. Another thing to know is that my portfolio is a great work of perfection - but its not perfectly perfect. I wouldn't like anyone to actually replicate my portfolio exactly the way it is now. Take the best of me and drop the rest. Learn from my mistakes. But know that ACO.Y is a rocket. Its my newest mine of gold. My newest everything.

ATCO Ltd. (ACO.Y) is a very big company, well diversify in different fields. Its actually difficult for me to resume the activities of the company in a few words, but check it out of their Web site. ATCO also have activities outside Canada. So far, ATCO Ltd gain 1.96% inside my non-registered portfolio. I like to invest in family business that is still being own by a family member. That way, I am being sure that management is really doing everything that is possible to ensure the success of their business. 

Among family business that I own in my portfolio, we have: Just Energy Group Inc. (JE), Saputo Inc. (SAP), Loblaw Companies (L), Savaria Corporation (SIS) and Andrew Peller Limited (ADW.A) - just to name those.

Saturday, 25 March 2017

Hot tips on how to manage your money like a super pro

I consider having a low income, even being in the second tax bracket. Its hard to save money, but if you are creative enough, its possible to save money. Overtime, I came with the idea that the ability to save money is a gift. You are naturally born as a saver or a spender. Its possible to fix bad spending habits, but from my experience, its extremely hard to share the importance of saving money to heavy spenders. In my case, its even cost me a friendship. I could no longer stand the other person spending habits and time and distance helping, I no longer have any contacts and its better that way. Because you can really burn yourself out repeating over and over the same thing. I find that heavy spenders often have social problems - its really important for those individuals to fit in, have many friends, go out a lot, be well dress; look and appearance being extremely valuable for them.

I am from those who were born natural savers. I never had any problems to save money. I was actually a better saver when I was making less money and that my job situation was less stable. Because when I didn't have regular paycheck, I wasn't going to the hairdresser every 6 weeks or so, I didn't buy as many clothes and beauty products. My ultimate failure is beauty products but because of it, I don't have any wrinkles yet and I hope to remain intact for the next 10 years.

This being said, here's the kind of spirit that is needed when you need to come over with some drastic saving habits: whenever you spend money, the money is lost, its no longer yours. So if after knowing that, you still cannot cut on your spending, its mean you have a problem. And good thing is, its not my problem. When it come to money, selfishness is around. I thing the general population had really poor knowledge on how to handle money. When I was working at BMO Bank of Montreal in their call center located in Montreal, I was receiving many desperate calls. I once got the call of a lady desperately crying to have access to the money she has in BMO mutual funds. She wanted the money right away, but it was impossible. It was really sad. Overall, what shocked me the most was the cross selling that we were force to perform. And also the fact that there's many Canadians out there who don't have any saving at all and live on paycheck per paycheck. There can be many reasons for this, but its always possible to save money. I come with no silver spoon in my mouth, I had to pay for my studies, for basically everything that come with it. I left home in my young twenties because I quickly realize there was no work for me in my hometown. And after, I became super rich, if you considered a net worth of $194 979.33, maybe even 195k - my latest evaluation - as being super rich... I do.

The failure in our system is that we don't teach anything about finance in high school. People don't get to heard about the stock market unless they come from a rich entourage or are doing the search by themselves. And its a real big problem. Because when come the adult life, its not the time to learn about the basics. And if on top on that you don't know how to save money, them, your adult life is really starting the wrong way. Is is something that Justin Trudeau will come with one day to help Canadians create richness for themselves? Hell no, the man is ridiculous and doesn't have any ideas of what to do to help Canadians succeed. The only thing Justin Trudeau did was to give out massive amount of money to Canadians. But giving out money won't serve at nothing. Warren Buffett understood that a long time ago. That's why he only pay for the studies of his great children and nothing more. 

It was more easy for Justin Trudeau government to give money to families in form of allocation rather than coming out with tangible programs that will benefit to all. Canadians made a really bad choice by electing him as Prime Minister. And now, that lunatic man is going to ruin our future. We won't see the end of this deficit. It create a trauma and because he gave so much money away, there's nothing left for programs or to create great stuff. I think Justin Trudeau is an incompetent.

Now come the best part, fuck Trudeau, how to manage your money like a Dividend Girl:
-Live below your need.
-Don't blow your budget on renting. Go with something smaller than bigger. The goal is not to spend too much on your rent. Don't spend too much on furniture. Go to iKea, I thing they have the best deals, but shop around if you really need something. Prefer really basic furnitures. Don't spend a dime at decorating. My apartment is really plane and not stylish at all - but not being is your new way starting now.
-Go to the gym instead of doing anything else that could lead you to spend money: that way, you won't spend money. And you'll get a sexy body to die for. 
-Live every week like a brand new, table rase, one to set new goal and be serious about it. Forget about the past mistakes.
-Eat breakfast home.
-Try not to buy morning coffee (very hard!) - if your a girl, but some nice lipstick on. You won't get your morning coffee because you don't want to destroy the good looking color standing on your lips...
-Live on cash. What's your monthly budget? Keep the money for your rent in the bank and withdraw the rest. That's what you have in your hands is for the month - do or die!
-And of course, bring your lunch home.
-Don't color your hair - I stop coloring mines and I may have safe plenty among the way.

Just a few tips for now to keep in mind. This week, I bought two purses at Fafa and a Laura Mercier lipstick. I barely wear makeup anymore, but lipstick is a must not to look ordinary. I have a thing for those Fafa purses. Wonder what my failing is about? Go check it here.

I hope you enjoy.

Wednesday, 22 March 2017

Justin Trudeau: leave my capital gains alone

The London terrorist attack is so sad. It happen in such in a beautiful location. I was watching for news of the federal budget when I found out.

The federal budget was presented today. At least, tax on capital gain won't increase. Its about the only positive thing that came out of this budget. This is something that was going to affect investors, big like small. Its a release, because since I am located in the second tax bracket, I am already paying a lot in income taxes. I struggle to save a few dollars to invest. The federal government live on our hard earned money, but its seem like money is nothing for Justin Trudeau. Under Trudeau, our richness is not properly manage. I find this Liberal government having very poor leadership and no view on what to actually do now so the economy can re-bounce now, and not in 10 years from now. Action is not focus in the immediate time. Its a lot easier to concentrate on the long term rather than taking decision now that will have positive impacts in our life in the next few months.

Our deficit is now at 28.6 billions of dollars. A government that hold debt is not like an individual who have to pay off debt - that's truth, but its a concern for me that this Liberal government, with all its freshness and impotence, is driving us in a dangerous hole. This same government did not even propose a pay off plan for this enormous debt. The only thing Justin Trudeau can actually do correctly is to take the pose for magazines and take some stupid selfies. At a point, we won't be able to pay off that huge deficit. Its very disgusting and Canadians don't seem to be alert or even concern. I am very shocked and upset. But what you expect more coming from a Quebecker? Justin Trudeau should never been elected. He only had a high school teacher background. He never suffered from anything in his life and he's not the right man to handle serious duties. Canadians had made the wrong choice. I knew something like this will happen under his govern. A total mess and we'll suffer one day or the other from that incompetent of Justin Trudeau. We are not that rich of a country to handle big billions in debt like that.

Now more than ever before, its time to save money and be wise spender. In my next post, I will chat a bit on my day-to-day strategies to save money. In other words, you'll learn how to be as smart as a Dividend Girl.

Tuesday, 21 March 2017

Welcome in my non-registered portfolio ATCO Ltd. (ACO.Y) and Coca-Cola Company (KO)!

I did it with no regret, I sell off all of the stocks that I was holding of Stella Jones Inc. (SJ) inside my non-registered and RRSP portfolio. Over time, I don't think SJ financial situation will improve and its 10% dividend increased was just for me a show off to cover up the fact that the stock can no longer perform as well as it used to be. And I hate when company like this increase dividend income when they shouldn't be. Its very unprofessional, but you shouldn't expect too much coming from a Quebec business located in Montreal. I happily cash in a profit of $270.06 in my non-registered portfolio and $1 938.51 inside my RRSP. In my case, it was time I go out of Stella Jones Inc. (SJ). SJ lost 2.74% today and I think its up for more loses. What matter the most at this time is not to lose money, and to invest in stock that will make my glory and that I can relax on, and that will push my net worth value over the edge. Nothing easy, but nothing impossible either way.

So I got rid of SJ today, but I had welcomed a brand new stock inside my non-registered portfolio: ATCO Ltd. (ACO.Y). I am very excited about this new acquisition. Its like having a brand new diamond ring but no one can see it, if not me. But its looking good anyway! I always enjoy new bling-bling. There's nothing better than holding on to a brand new stock and when you know its the one, its stock I am going to get richer on, well, its when life decided to give you something extra to get satisfy.

Currently, I have eyes on iShares S&P/TSX Capped REIT Index (XRE). I am thinking about selling it too. I had been holding this one for many years but capital gains haven't been mega generous.

I didn't sell Stornoway Diamond (SWY) and its a good thing I didn't. Deep inside, I didn't want to sell my diamonds mine. Its been said that SWY is about to be acquire... anyway, will see. And during that time, SWY is beefing up the wood!!! We are seeing a little increase in the value and its a good thing.

I had very good hope for my US investment American Outdoor Brands Corp (AOBC), but it didn't work as expected. I sold out, lost about $500, and I invested in one of Warren Buffett favorite stock: Coca-Cola Company (The) (KO). I think I am on the good road to recover from that little US lose. I will recover in no time, I promise.

With all of those changes, my dividend income is now at $7 240.67, which is quite good at this point of the journey. I don't have any stocks I am interest in at this point. Next step will be to put a couple thousands on my margin to decrease its using. The next couple months are probably going to be quiet, but with the Dividend Girl, you never know, so better stay tune.  

Monday, 20 March 2017

Its time to say goodbye to sexy Stella Jones Inc. (SJ) and its CEO Brian McManus

I invested in Stella Jones Inc. (SJ) back in 2013. At the time, I was so excited about the stock that I even sent an email to Derek Foster to tell him of my great finding. After all, I had made thousands by investing in his stocks, I had to repay him in someway. You just cannot imagine how much I was excited by my finding - just out of this world! The dear Derek Foster replied back saying something like that he knew about the stock - wow!, but wasn't interested in investing in it, wasn't matching his criteria or something like that. No matter what, I invest in SJ and made several hundreds in capital gain inside my non-registered and we are taking about close to 2 thousands in capital gain inside my RRSP - because I am holding on to SJ in both my non-registered and RRSP.

It appear that Derek Foster was right about SJ. Today Stella Jones lost 5.24%. I am still in the profit zone no matter what for now, but I am tempt to sell SJ now before it get too late - no matter how good looking is Brian McManus. I don't care. Stella Jones recent dividend increased of 10% was certainly a way to cover up their financial misery, but sooner or later, investors sell, analysis get in and it get dirty smoke. All alone, the dividend distribution, even with an increase of 10% - really doesn't worth it. And I cannot afford losing any money so I prefer to sell quickly like a cute rabbit - at least of what I hold inside my non-registered portfolio. 

If like me you had made several thousands with Stella Jones Inc. (SJ) and you are a market chicken just like I am, you might like to at least partly sell SJ. Because when the profits will be all gone, you won't be able to get any free juice from SJ. Your time will be dead.

Being out invested in the stock market is not an easy thing, but when I have too, I sell. I decided to sell SJ because of it poor dividend income and poor market situation of the time. I cannot afford stock losers because I am not a loser.

Now, my new everything is on the spot: ATCO Ltd. (ACO.Y). I will partly invest on margin on this one but its only because I deserve a treat. My tax declaration had been done for 2016 today, I worked really hard to have a couple of thousands in my bank account. Enough sacrifices. I want ATCO Ltd. (ACO.Y). It will look like a shiny star in my portfolio. It will be my latest proud, so be ready ACO.Y, I am coming for you.

Welcoming a nice $193 969.21 net worth

When I saw that my non-registered portfolio closed the session at $154 906.78, I knew something was going on. The TSX might had lost 71.92 points this past Friday, but it didn't matter. My overall portfolio closed at $277 598.39. I currently have $3 510.02 in cold cash - hard to imagine for a girl who used to be 100% invested. I can proudly say, I am no longer 100% invested, I am now... 98.74% invested. Got to start somewhere. For the first time in years, I am no longer 100% invested.

While holding on to a margin of $83 629.18, my net worth on date of March 17 was $193 969.21. WOW. Just imagine what will happen to me when the TSX will go up again. I never been so closed to the 200k net worth and its hard to believe that I am actually just right there, especially knowing how little I had invested in the couple past months. Since I began this blog and my money journey back in 2007, we can say that it took me 10 years to reach the famous $200 000 net worth, which is almost there. Not too bad of a score.

And just to but things a bit hotter, my non-registered portfolio closed today session at $155 453.57 while the TSX was losing 48.17 points. I now have available $17 583.28 on my margin - well enough to make an investment move on Atco Ltd. Its tax season and its not easy to go through it, but in my case, its done and completed. I made over 60k in 2016. I am waiting for a pay back of about $400, but my tax declaration alone cost $119. Anyway, money is always welcome, even for small amounts.

Saturday, 18 March 2017

My debt situation on date of March 18, 2017

$83 629.18 at 4.25% = $3 554.24 in annual interest

[In date of March 18, 2017]

*For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.

My investment portfolio on date of March 18, 2017


Non registered Investments:
Cold cash: $3 510.02

Stocks and Units investment portfolio $CAN

Timminco (TIMNF): $0.27
Bank of Nova Scotia (BNS): $9 101.43
Blue Note Mining Inc. (BLNMF): $0.01
Methanex Corporation (MX): $6 391.15
Fortis Inc. (FTS): $4 969.44
Pembina Pipeline Corporation (PPL): $21 350
Just Energy Group Inc. (JE): $7 169.82
Enbridge Income Fund Holdings Inc. (ENF): $12 472.55
Corby Distilleries Limited (CSW.A): $2 731.25
Premium Brands Holdings Corporation (PBH): $36 869.44
iShares S&P/TSX Capped REIT Index (XRE): $2 500.96
New Flyer Industries Inc. (NFI): $4 831.92
TMX Group Inc. (X): $543.84
K-Bro Linen Inc. (KBL): $4 180
WesternOne Inc. (WEQ): $15.30
TransCanada Corp (TRP): $1 530
Canadian National Railway Co (CNR): $8 667
Enbridge Inc. (ENB): $1 538.88
Agrium Inc. (AGU): $5 949.64
Canadian Utilities Limited (CU): $1 629.60
Black Diamond Group Ltd (BDI): $90.50
Emera Inc. (EMA): $1 153.50
Cineplex Inc. (CGX): $1 266.75
BCE Inc. (BCE): $1 282.60
Stella Jones Inc. (SJ): $831.40
Saputo Inc. (SAP): $1 810.80
Lassonde Inc. (LAS.A): $2 129.20
Loblaw Companies (L): $850.08
Savaria Corporation (SIS): $6 211.50
Stornoway Diamond (SWY): $1 465.95
Open Text Corporation (OTEX): $1 842.80
Canadian Imperial Bank Of Commerce (CM): $3 529.20

TOTAL: $154 906.78

Stocks and Units investment portfolio $US:
Berkshire Hathaway Inc. (BRK.B): $1 382.56
American Outdoor Brands Corp (AOBC): $1 361.50
Cash: $163.68

TOTAL:  $3 887.36 CAN

Tax-free savings account (TFSA):

EnerCare Inc. (ECI): $60.06
Dumont Nickel Inc. (DNI): $21.53
RioCan Real Estate Investment Trust (REI.UN): $909.65
AltaGas Ltd (ALA): $929.40
CT Real Estate Investment Trust (CRT.UN): $1 490
Canadian National Railway Co (CNR): $3 852
Exchange Income Corporation (EIF): $9 297.10
Firm Capital Mortgage Investment Corporation (FC): $562.80
Brookfield Infrastructure Partners L.P. (BIP.UN): $3 276.30
Brookfield Renewable Energy Partners L.P. (BEP.UN): $1 151.40
Laurentian Bank of Canada (LB): $1 175.20
The North West Company Inc. (NWC): $1 533.50
Andrew Peller Limited (ADW.A): $3 590.01
Barrick Gold Corporation (ABX):
Canadian Imperial Bank Of Commerce (CM): $1 764.60
Hydro One Limited (H): $2 388.65
Toronto-Dominion Bank (TD): $1 321
Boyd Group Income Fund (BYD.UN): $2 619
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN): $2 247.70
Keg Royalties Income Fund (The) (KEG.UN): $1 403.50
Data Communications Mgmt (DCM): $12.72
Westshore Terminals Invest Corp (WTE): $5 751.25
Morneau Shepell Inc. (MSI): $1 748.70
Royal Bank of Canada (RY): $3 870.40
Morguard North American Residential Real Estate Investment Trust (MRG.UN): $2 148
Parkland Fuel Corp (PKI): $1 820.80
Stornoway Diamond (SWY): $1 592.10
Park Lawn Corporation (PLC): $975
Toromont Industries Ltd (TIH): $1 817.20

Cash: $103.72

TOTAL: $60 438.89

RSP investment portfolio:
Emera Incorporated (EMA): $11 893.80
EnCana Corporation (ECA): $1 537.92
Toronto-Dominion Bank (TD): $1 981.50
Barrick Gold Corp (ABX): $1 256.50
Stella Jones Inc. (SJ): $4 138
Telus Corp (T): $2 142.50
Alimentation Couche-Tard Inc. (ATD.B): $475.28
Royal Bank of Canada (RY): $1 935.20
Savaria Corporation (SIS): $2 484.60
Thomson Reuters Corporation (TRI): $2 312.80
Park Lawn Corporation (PLC): $3 250
Richards Packaging Income Fund (RPI.UN): $862.95
Toromont Industries Ltd (TIH): $317.45
Cash: $43.57                               

CIBC Dividend Growth Fund: $794.55
CIBC Emerging Markets Index Fund: $514.51
CIBC Monthly Income Fund: $1 381.33                                 

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.45

GIC National Bank: $1 312.89                                  

Manulife Fidelity NorthStar GIF CAP B: $1 518.82
Manulife Simplicity Growth Portfolio: $1 292.80
Maritime Life CI Harbour Seg Fund: $1 225.92
Maritime Life Fidelity True North Seg Fund: $1 247.76
Manulife GIF MLIA B World Invest: $1 084.39

Other various: $8 733.01

TOTAL: $54817.8

Social Capital at Desjardins Membership share: $35
Pending online income: $37.54
Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:
$277 598.39

Thursday, 16 March 2017

Premium Brands Holdings Corporation (PBH) is stealing the show on the TSX

Wow, some hot stuff is going on right now! Like almost every evening, I checked on my portfolio, and what a surprise, my non-registered portfolio climb like a rocket to... are you ready? GO: $154 119.02! I own the spectacular profit to all of my portfolio, but one stock in particularly rock it on all today. Its Premium Brands Holdings Corporation (PBH). PBH gain 5.73% today. Mega $$$.

I first invested in Premium Brands Holdings Corporation (PBH) back in February 2010. I was wised enough to recognize that PBH was one of the stock that will turn me into a rich girl. And 7 years later, I am about to hit on the 200k net worth. What a long road. 7 years!!! But time didn't pass on my pretty face. Premium Brands Holdings Corporation (PBH) is actually the only positive thing that I was able to get from Jean-François Tardif. Because his JFT Strategies Fund suck so much that I sold all of the units I was holding from JFS.UN. All alone, PBH is a killer and it worth much more than anything that Jean-François Tardif could come with right now. And with all that good stuff, I estimate my net worth to be set up at $192 285.61. I don't need Jean-François Tardif no more, but I have to say I am grateful. Because if today I have the appeal of a queen, its because of him. Its because of Jean-François Tardif that I have PBH in my portfolio. Simple is that. Sometimes, life is strange. I cannot totally hate him even if he's a Quebecker. I just can't.

And other nice surprise. I have a little note book in which I write my portfolio, my number of shares and the annual dividend for each investment. Well, it happen that I just notice this evening that I was missing one investment in that list. I had forgot to note KEG.UN and its dividend. And as you might know, PBH announced today a dividend increase of 10.5%. This is so awesome. So both thing together + DRIP, bring my annual dividend income to a very fantastic $7 170.07.

Now, I am just very curious to see what's will happen next.

Wednesday, 15 March 2017

BMO Bank of Montreal is also upselling customers

The TSX gain some valuable points today and it help my non-registered portfolio to reach the $152 233.41. My TFSA closed at $60 194.68. I estimate my net worth to be at $190 400. Its a good step forward. I was pleased today to see Just Energy Group Inc. (JE) closing at $8.06. If even JE is taking up some strong beef, its because everything is really possible. Like if this super babe could have everything she wants.

TD is currently under fire. A few days ago, CBC came with a story of ex TD Bank Group employees saying they had been put under pressure to sell and make clients sign up for products and services that they didn't need or even ask. Banks CEO received millions and millions in "compensation". That money need to come somewhere. In the financial industry, where everything is really focus on money, bonus and performance, at the end, the pressure to upsell customers is quite common. Customers are paying the price. The need to be smart is needed.

I had invested in the past in mutual funds and I have deal with financial advisers in the past and I got more bad than good experiences. I had the experience of a financial sector extremely fresh. I once had invested in Manuvie products. I wanted to invest 5k in RRSP related product. but I had a bad surprised, the advisor only but 3k in RRSP. I had to called Manuvie to have the mistake corrected and I was really pissed off. Did I ever bought some financial products with Manuvie ever again? Hell no.

Once at Mont-Royal Desjardins, I wanted to invest in mutual fund for my RRSP. Even if I had the correct investor profile and the money, I was denied access to the product that I wanted. Do I make any business with Desjardins now? Hell no.

I am just telling quickly a few stories but I had lived many others. You may go through the hundred other posts wrote in the past couple years.... you have too. ;-)

I have several thousands of dollars at my disposal to invest and play with, but from my experience, its way better to be a self doer because in Quebec, there's no good financial advisers or bank or firm that exist. Quebeckers are people who are very fresh, selfish, careless and have no class. When it come to money, they are extremely incompetent. I never put my money and trust in the hand of any Quebeckers and I strongly advice to outcomers to be extremely careful. Living in Quebec is not easy or fun. But if I am now so close to hit on the $200 000 net worth, its only because I am top sexy smart.

Generally speaking, the Quebec mass is not good and shouldn't be trust in any way. This is really important to know. Its a matter of education and Quebeckers are not well educated and that being in every field, especially when it come to money management.

Several years ago, I was working at BMO Bank of Montreal. I had followed an entry level training to work at their Montreal call center. The pressure for sales was really intense. Basically, I had to do sale in every single calls and by "sale", it meant the opening of a credit line or credit card, the opening of a bank account, the "update" of a banking account, etc. When you transferred a call for a credit line to another service, the supervisor knew who had transferred the call and if the customer had open a credit card or anything else, the sale was put under our name. There was a real competition going on by sector and by shit. A client could call simply to check on his or her balance let say, but land up with a credit line because it was pitch at their face... Stuff like that.

Toronto-Dominion Bank is being accused right now, but BMO Bank of Montreal has a lot to be ashamed of. What a bunch of little fuckers.

I prefer to be a self-made rather than having to deal with some idiots. Please kiss my assets.

Thank you

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