Saturday, 12 July 2014

Make some easy money by investing in the JFT Strategies Fund (JFS.UN)

Getting back to work after a vacation is always very hard. I find it awful to go back in the beat after a week. And even worst after a 2 weeks break, but its how it is for now. But no job mean no money and I need all the money of the world, especially now. I keep reading a bit everywhere about the probability of a stock market crash, a deep correction that could take away 25-30% of the current market value. I had been reading such news for a little while now. With my last paycheck, I had a $1 400 available and I decided to put the cash away to decrease my margin a bit. When the market crash, I hope to get my hands on cheaper stock.

At this point, its not too hard to control myself not to invest in anything because I didn't have any new investment in mind. When I saw I had a $1 400 available I wanted at first to transfer that money + $600 from my margin over my TFSA and make a 2k investment in the fabulous JFT Strategies Fund (JFS.UN).

I had been holding on to some units of JFT Strategies Fund (JFS.UN) since its initial public offering. I first heard of Jean-François Tardif a few years ago when he was still working at Sprott and of course, his performance on the stock market is what got me. And not too long after that, Tardif retired. During that time, I knew he wasn't going to stay away for long. When you had taste glamorous performances, interviews and everything else, can you really stay away from that for long? My answer to that had always be no. When you are a good fund manager, a real one remain in maybe not for life, but for a veryyy long time. The waiting time had been long, but when I learned that my Jean-François was coming back, it didn't take me long to call TD Waterhouse and jump in the IPO of JFT Strategies Fund (JFS.UN). Just sooo terribly smart move!

This time was more interesting to me because when Tardif was at Sprott, the fund he was managing wasn't accessible to small investors: it took $100 000 to enter into his fund. Now, everything is different and JFS.UN is better than any high fund or mutual funds because its easily accessible to any type of investors on the stock market. You can buy and sell some JFT Strategies Fund (JFS.UN) units anytime when the Canadian stock market is open. And I love that accessibility and it match perfectly well Tardif persona.

In a certain way, Jean-François Tardif shares a lot of things with Francis Chou. You won't read a lot about them, both are really not stars wanna be like Eric Sprott, but both are sooo mucch better than Eric Sprott in so many ways! F gold and silver.

Funny thing is that I almost the only blogger who keep writing about Jean-François Tardif so when I try to find out on Google if anything is new about him, well most of the time, I hit on my very own blog in my search results and it make me laugh every time. aha!

The JFT Strategies Fund (JFS.UN) doesn't pay any dividend but that doesn't really matter. I had explained already how I made $500 after commission on JFS.UN. But I am going to explain again to make sure everyone can understand how you can make $500 by $500 without having to do much.

The key is capital gain. But first, you have to know a bit of Jean-François Tardif history. When he was at Sprott, his fund was among the top performer in Canada and the crash of 2008 didn't change that. So what you got by investing in JFS.UN is precious. Not too much managers can exceed the TSX performances and not many of them have the power to protect the value of the money during rough time, and rough time could be ahead soon in a couple of months or less.

So this is how to make big bucks on the JFT Strategies Fund (JFS.UN). Try to get together a $2 010, get the money transfer if possible into your TFSA. By for 2k worth of JFS.UN units. Wait until the investment hit on $2 510. And when it does, sell for $500 value of JFS.UN units. Don't sell the initial 2k investment, that's your investment cash cow money. Repeat the operation every single time your JFS.UN invesment hit on the $2 510 value. Et voilà, that's how to benefit from the JFT Strategies Fund (JFS.UN). And the benefits are better inside the TFSA.

In my case, I made the operation inside my non-registered portfolio. I will have a bit of tax to pay, but i spend a bit during my vacations and I was in need of money. I would love to invest a 2k in JFS.UN inside my TFSA, but right now, my non-registered portfolio seem to be on a decreasing value and I am a bit scare for my margin.

On the other hand, I have $15 000 available on my credit lines and I could - like I did before, transfer some credit line money over my margin and get it back in the credit line one the market close... I did it before, so I can do it again right?

As you can see, I am not done dealing with my demons.

And Jean-François Tardif is my demon so stay tune because you can't really know what could happen next. Watch for it.

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Thursday, 3 July 2014

Thank you for the free cash Jean-François Tardif

Once again, the automatic sell order I had set up at TD Waterhouse didn't go through and I am quite upset about it - I will explain why. Anyhow, since I am in vacation, I just watch at the  JFT Strategies Fund (JFS.UN) value now on TMX.com since TD Waterhouse is not reliable and tadammm... it was at $12.55. THANK YOU Jean-François Tardif for the "free" labor! I have to say that currently, TD Waterhouse is giving the value of $12.55 per unit to our famous JFS.UN. I once wrote that I was using Jean-François Tardif as cash cow and that's what I did. I wouldn't mind to use him as lover as well but that's something else.

Anyway, noticing that JFS.UN was at $12.55 on both platform, I look at my account activity but the order wasn't going through!!!! So I cancel the automatic sell order, went back in my account activity to see if it had went through anyway.. and no... so I made a sell order at the market for a few units (41 actually) of JFT Strategies Fund (JFS.UN) and the order went through right away!

What happen?

Its not that TD Waterhouse is that of a shitty broker --- its the Dividend Girl who is a shitty investor lol

Its because the bid was at $12.51 - the selling price. I sell at $12.51 and I am really happy because I had ranked with over $1k on my credit card and the $500 I collect today will help me to pay for all of my outrageous vacation spending. 

My mom is enjoying her stay and she's currently cooking lunch. She needs to come more often ;-)

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Wednesday, 2 July 2014

JFT Strategies Fund (JFS.UN) hitting on the $12.54

The weather is quite hot these days in Montreal in the same week that my mom is visiting. I renew my sell order for a couple units of JFT Strategies Fund (JFS.UN) at $12.55. And today was so close! JFS.UN hit on the $12.54 per unit. I am just very tempted to change my order to $12.54 and get my hands on $500. It will only happen if JFS.UN hit on the $12.54. But $12.54 work as well. At a one cent different, its not that of a difference. So I decided to modify my sell order to $12.54.

All this is very strange but if I check JFS.UN value over my TD Waterhouse account, according to TD Waterhouse, JFS.UN hit on the $12.55 today... but its not the case when I check on the TSX.com Web site... I pay a commission fee of $9.99 per sell, and per buy moves at TD Waterhouse, but they cannot even come and provide me accurate data for today highest value of JFT Strategies Fund (JFS.UN). Its kind of shitty knowing that a free Web site (tmx.com) provide more accurate data than TD Waterhouse.. Something is wrong. 

TD Waterhouse suck and this time suck for real.

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Tuesday, 24 June 2014

Wanna say goodbye to Sprott Inc. (SII) 4ever

I just came back from a short vacations (pictures should follow in next post) and the TSX ost 100 points today. My non-registered portfolio is at $136 592.08, it didn't bother much, but if the TSX go lower, I will do lower too.

There's been a halt trading apply on Sprott Inc. (SII). From what I understand, someone somewhere is looking to buy for 60 millions worth of Sprott Inc. (SII). Could Sprott Inc. (SII) hit on the $10 per share like in the old days? Hummm... maybe. I try to place a sell order for $10 per stock but TD Waterhouse didn't want to take the value saying the price difference between the current less than $4 per share and my expected $10 was too high. That stupid TD Waterhouse broker is costing me a f $ 9.99 per operation and the f system doesn't want to execute my orders.

My mom is coming to Montreal soon and I already have enough of that family things. For what I have left as vacations, I want the days all for myself with no one to visit and chat because I have too. it begin to make too much of proximity for my taste.

I am f selfish rich bitch. And rich bitch only get richer. f

lol

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Friday, 20 June 2014

In the sunshine, the TSX hit the 15 000 marks

This morning, I found a $5 buck on the ground. It was there in the ground waiting for me. I couldn't believe my eyes!!! But there was other people around. It seem I am the only one looking at the sidewalks for money.. So I got my morning coffee for free. I once find 2 bills of $20 that way outside a bar. It was my happiest find ever. I find $5 sometimes and other times I find metro passes. And I also pick the 25 quarters that hit my road, but I never move for a one cent black penny. I wish I could find a $5 bucks every single day and get my morning coffee for free.

My non-registered portfolio is now at $137 358.53 and my margin value left exceed the 14k. Is there anything else I could ask for? I got a bitch fired at work, but it wasn't intentional from my part. It just the circumstances that happen that way. And it make something to write about. I didn't update my dividend income in a little while. And here its why.

After work I go home, get change, eat, generally cereals and I go do my walking on the Mont-Royal. I walk all the way to the top and I walk back. It make a 2 hours and 30 minutes quick walk. The first few times was hard but now its getting easier and I like to be in the woods like the city was no where close. There's so many people jogging and men just willing to show it all, its unbelievable.

Now that the TSX is hitting over the 15 000 marks for good, I am having some wet dreams about if I will be losing it again.

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Tuesday, 17 June 2014

$137 514.25

Its hard to believe, but my non-registered portfolio is hitting on the $137 514.25, leaving me with a nice 
$14 024.09 value on my margin, very close to the 15k mark I need to feel somewhat secure about my margin. I am getting ready to spend a few days away of the outrageous city of Montreal. I got my hair  cut this evening just after I bought my bus ticket and my curly hair are outrageous soft. 

The weather was hot in Montreal today, but even without air conditioner, I am not too bad. A cold beer just do the thing and a shower tomorrow morning but a shower alone, unfortunately. My sex appeal doesn't work over Quebec males because I hate Quebec too much, unfortunately. I am full of shit and men can feel that, deeply under the skin, there's the shit. lol

I am over impress by my portfolio value. The TSX just continue exceeding the 15 000 points, making me feel crazy like in 2008, back in the time when I was just a hot 28 years old. But I like my life better at 33 because I am richer. I just hope to be still wrinkles free by the time I am 33.

Its even hard to believe that one day my non-registered portfolio will be at 140k but shit use to happen, what is meant to be will just happen and one day, Quebec province will just be a souvenir. A bad one.

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Sunday, 15 June 2014

Welcome in my non-registered portfolio North West Company Inc (NWC)

I like everything related to the energy sector, the North Territory, the Wild West and of course, home, the Maritime. And welcoming North West Company Inc (NWC) in my portfolio this past Friday was quite rewarding. But after this new investment, once again, I am not quite sure that will be my next investment. I am thinking of getting back on a DRIP on everything, but I enjoy getting the dividend money in cash each month so that will represent quite of a sacrifice. But I plan to do so.

This past Friday, the TSX pop up the 15 000 points, just like where we were back in 2008. Will the stock market crash again anytime soon, like if the 15 000 mark is the mark of the Devil, of the capitalist many failures. And when I think of 2008, I cannot help it but getting back into that same state of mind of when my portfolio hit on the ground as the TSX was losing points like crazy... I didn't have any problem about moving on, I felt an urgent need to invest more to cover up the mess. I was upset that it had to happen just when I was jumping into stocks, just shortly after I began working on a stock portfolio. If a crash would need to happen again, I would just repeat the same thing; invest even more because in a crash, its the best way to face off and capitalist is such a bitch that it win every time.

My non-registered portfolio is at $135 786, with $13 364.60 left on my margin. I very tempt to transfer my National Bank stocks over my non-registered. To keep the fun safe, I need a 15k margin left, and if possible even more but a 15k is much more what I am looking for. Just a 2k is needed. I feel the obligation to protect my margin in case a crash happen, or even just a tiny correction.

I don't like that TSX at 15 000 points because it make me think too  much.

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My investment portfolio on date of June 14, 2014

Non registered Investments:
Stocks and Units investment portfolio $CAN

Timminco (TIMNF): $0.22
Blue Note Mining (BNT.H): $2
Bank of Nova Scotia (BNS): $7 755
Hanwei Energy Services (HE): $19.50
Methanex Corporation (MX): $6 813.45
Fortis Inc. (FTS): $3 459.66
Pembina Pipeline Corporation (PPL): $20 619.06
Just Energy Group Inc. (JE): $4 878.27
Pengrowth Energy Corporation (PGF): $1 720.4
Enbridge Income Fund Holdings Inc. (ENF): $9 406.54
Corby Distilleries Limited (CDL.A): $2 403.50
Davis + Henderson Corporation (DH): $6 752.16
Premium Brands Holdings Corporation (PBH): $9 648.54
EnCana Corporation (ECA): $5 512
iShares S&P/TSX Capped REIT Index (XRE): $2 494.80
Horizons Gold Yield Fund (HGY): $1 302.03
Canfor Pulp Products Inc. (CFX): $1 315.44
New Flyer Industries Inc. (NFI): $1 312.20
Exchange Income Corporation (EIF): $4 922.44
Colabor Group Inc. (GCL): $381.48
TMX Group Inc. (X): $472.16
K-Bro Linen Inc. (KBL): $3 842
Westshore Terminals Invest Corp (WTE): $6 681
WesternOne Inc. (WEQ): $3 074.20
First Majestic Silver Corp (FR): $1 039
Kinross Gold Corp (K): $673.46
TransCanada Corp (TRP): $1 272
Canadian National Railway Co (CNR): $6 111.90
Firm Capital Mortgage Investment Corporation (FC): $492.40
Enbridge Inc. (ENB): $1 429.68
Agrium Inc. (AGU): $2 557.36
Canadian Utilities Limited (CU): $1 654.80
Crescent Point Energy Corp (CPG): $1 031.36
JFT Strategies Fund (JFS.UN): $2 480
Geovencap Inc. (GOV.H): $0.40
Black Diamond Group Ltd (BDI): $857.75
Emera Inc. (EMA): $843.75
Cineplex Inc. (CGX): $1 023.75
Barrick Gold Corp (ABX): $734.80
BCE Inc. (BCE): $1 086.80
Stella Jones Inc. (SJ): $619.80
Saputo Inc. (SAP): $1 237.40
Toronto-Dominion Bank (TD): $1 083.40
Lassonde Inc. (LAS.A): $1 090.20
Loblaw Companies (L): $567.72
Lumenpulse Inc. (LMP): $955

(LB): $983.20

(NWC): $1 172.50

TOTAL: $135 786.48

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): $1 227.74
Cash: $4.12

TOTAL: $1 231.86

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): $36.06
Dumont Nickel Inc. (DNI): $115
Sprott Physical Silver Trust UTS (PHS.U): $1 733.27
Sprott Strategic Fixed Income Fund (SFI.UN): $371.50
Healthlease Properties Real Estate Investment Trust (HLP.UN): 
$1 045
RioCan Real Estate Investment Trust (REI.UN): $967.37
Precious Metals and Mining Trust (MMP.UN): $498.60
Sprott Inc. (SII): $3 460.55
Chorus Aviation Inc. (CHR.B): $644.28
Data Group Inc. (DGI): $551.42
AltaGas Ltd (ALA): $1 473.90
CT Real Estate Investment Trust (CRT.UN): $1 119

National Bank of Canada (NA): $1 059.61

Cash: $77.74

TOTAL: $13 125.68

RSP investment portfolio:
Sprott Canadian Equity Fund: $3 399.59
iShares Gold Bullion Fund (CGL): $3 836.30
Emera Incorporated (EMA): $7 897.50
EnCana Corporation (ECA): $2 809
Sprott Physical Silver Trust UTS (PHS.U): $577.76
Toronto-Dominion Bank (TD): $1 625.10
Barrick Gold Corp (ABX): $918.50
Stella Jones Inc. (SJ): $3 099
Telus Corp (T): $2 065.50
Tim Hortons (THI): $590

Cash: $290.60

CIBC Dividend Growth Fund: $725.56
CIBC Emerging Markets Index Fund: $327.23
CIBC Monthly Income Fund: $1 270.83


Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.06


GIC National Bank: $1 274.70


Manulife Fidelity NorthStar GIF CAP B: $1 351.38
Manulife Simplicity Growth Portfolio: $1 103.69
Maritime Life CI Harbour Seg Fund: $1 257.70
Maritime Life Fidelity True North Seg Fund: $977.02
Manulife GIF MLIA B World Invest: $912.90

Great-West – various: $2 378.61

Various other mutual funds: $1 333.07

TOTAL: $41 100.90

Social Capital at Desjardins Membership share: $40 Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP + Online Income ($100):

$191 344.92

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Saturday, 14 June 2014

My deb situation on date of June 14, 2014


$68 822.82 at 4.25% (margin money coming from my broker account) = 
$2 924.97 in annual interest


$3 392.20 at low interest rate loan at 5.50% (student loan) = 
$186.57 in annual interest

TOTAL: $72 215.02

TOTAL in annual interest: $3 111.54
[In date of June 14, 2014]

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Thursday, 12 June 2014

Revenu Québec said no Solidarity Tax Credit for the Dividend Girl

I received lately another letter from Revenu Québec. Almost as much shitty than the previous one. This time, they wanted to let me know that I won't received any money coming from the Solidarity Tax Credit (and they name it "Solidarity")... Quebec is a province full of shit.

My non-registered is poping up to the $134 435.21. I have left $12 093.76 on my margin. This is huge, but for how long? The TSX is close to the 15 000 points. I keep reading a bit everywhere about a huge market crash coming up. If it happen, I won't have much cash to save my margin, but I have mountains available in credit lines. And also a new investment coming up tomorrow! 

Exchange Income Corp (EIF) is now trading back in positive territory and I couldn't be happier. I am desperately trying to sell a few units of my JFT Strategies Fund (JFS.UN) at $12.55... It went there before, maybe it can make a comeback and give me a few hundred dollars. What do you think?

I am also very proud of my New Flyer Industries Inc. (NFI). It seem like I won't have to worry about that one from now on like many other stocks that I hold, the list is long.

Tomorrow, a new investment will be from my non-registered portfolio, Quebec shit or not.

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