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Monday, February 28, 2011

Sprott Physical Silver Trust UTS (PHS.U) hit the 15.59$ per unit today

The weather is really bad today in the north of New Brunswick but at least, my investment portfolio is doing well. My non registered portfolio is exceeding the 105k. I earn great dividend recently from Yellow Pages, Emera and Enercare.

And about Enercare (ECI) well, I sell all of my units a little while ago. And I cash in an awesome profit. I don’t like to sell any of my investment, but I did sell and I don’t regret it. I would have like to write a post about me selling Enercare but at this time, remember I am not home (if you can consider a one and a half apartment as home... lol). I cannot wait to go back to Montreal and move on. I need to do something else. I had been doing a bit of job search while being here.

There’s a real winter storm out there in New Brunswick! Nothing to compare the one I am use to. Schools were closed today. For a while, my Internet was not working. I went outside with my dad... He needed to go anyway to get his pills. I went to an Internet cafe, but we didn’t stay long, I could not concentrate while seeing all that snow. While being at the Internet cafe, I notice that my Sprott Physical Silver Trust UTS (PHS.U) was hitting the 15.59$ per unit. During that time, my father was sitting in front me, reading a magazine and gees, I have to say, I let go my chance to make a couple of hundreds of dollars. I didn’t sell my PHS.U units despite the 15.59$ value that was standing in front of me, among with my father... WOW...

A profit of more than 300$ was appealing, but I didn’t move and I soon saw the price falling below 15.59$. The timing was perfect, but I decided not to sell... And I regret it now. This is just because I truly believe that Sprott Physical Silver Trust UTS (PHS.U) will reach the 16$ per units very soon. But I could be wrong. Usually prefer to sell whenever the occasion to make money is there. Me and the stock market, it’s really a day-to-day situation. And today, I miss the occasion to make a very good 323.70$. That’s more than enough to pay my bus ticket. But I have to say, purchasing 470 units in one shoot of PHS.U while the units were at 14.88$... Well that was a pure genius trade, I can say that for sure. At this time, the Toronto stock market seems to be on a good track. Chances are that Sprott Physical Silver Trust UTS (PHS.U) units will exceed the 15.59$ per unit, can I say maybe tomorrow?

I regret doing “nothing” when PHS.U hit the 15.59$ today. So if it happen that PHS.U hit the 15.59$ per unit again tomorrow, I may SELL, cash in the profit of the sell and invest in 100 stocks of K-Bro Linen Inc. (KBL). I would like to reinvest major part of the money.

I have a lot of things in mind right now. Everything is getting mix up all together and I am a bit confuse.

Sunday, February 27, 2011

SP Brunner review of K-Bro Linen Inc. (KBL)

SP Brunner of Investment Talk with SPBrunner blog reviews recently a company that I find very interesting: K-Bro Linen Inc. (KBL). I recommend you to read SP Brunner 2 posts about K-Bro Linen Inc. (KBL) here and here. SP Brunner never made stock recommendation – very good isn’t – but I like her stock reviews. Try to find on the Web a blog like the one of SP Brunner. You can stop right here, because you won’t find too many of them. She’s almost one of the only blogger out there doing something that I would like to be able to do myself: analyze stock. SP Brunner once gave a bad review of my favourite company: Just Energy Group Inc. (JE). I understood her view of Just Energy, but I don’t share it.

Despite SP Brunner bad review of Just Energy Group Inc. (JE), well, I have to say, we have a blogger who knows what she’s talking about. Someone like SP Brunner should be writing for specialize financial Web site or newspaper or something like it. She’s much more than a simple blogger.

Ok, after the flowers... The reason why I am writing about K-Bro Linen Inc. (KBL) is because I find KBL could be a nice fit to my portfolio. I recently invested in more than 400 units of Sprott Physical Silver Trust UTS (PHS.U) at 14.88$. It was a pretty good purchase, usual stuff you know lol... Currently, PHS.U is exceeding the 15$ per unit... Nice stuff, but PHS.U can hit the 15.50$, if not the 16$ per unit very soon. I had buy and sell some PHS.U units since November 2010. I know that the physical silver of Eric Sprott is very strong and it has the potential to help me recover from a 200$ (more or less) lost in Superior Plus Corp. (SPB).

So here’s the plan: once my big profit will be made out of the sell of my Sprott Physical Silver Trust UTS (PHS.U) units, I will invest in at least 100 stocks of K-Bro Linen Inc. (KBL). Good plan isn’t? I just cannot wait to sell my PHS.U units. I am looking forward for a 526.40$ profit.

New Brunswick fishes and Superior propane

That’s right… what you are seeing here are fresh fishes directly coming out of a New Brunswick lake… I am enjoying a few more days here somewhere in the north of New Brunswick before going back to Montreal with my mom. She really wants to come with me for a few days. My only problem is the money related to her stay at my place. Not that it will cost her that much. However, I will have to pay the metro for her and myself to every single place that she wants to visit. And expenses annoy me. And she annoys me too.

My mom doesn’t understand exactly what I do. She told me that the brother of my father lost around 25k in stock last year and went back to work to cover up. And my own mom told me that he’s intelligent, had a good career in telecommunication etc. But the poor man had lived in Quebec province all of his working life. I mean, something like that just f*** the brain. Don’t you think so? If an intelligent man had loss big money in the stock market, I could loss big myself too... Like wow... that’s pretty good, the level of confident she has in me. But I knew such comments were about to come from her mouth sooner or later now that she knows about my financial situation. And that’s why I ever barely come home or visit. I don’t want to have to deal with her, even if she’s my mom. I know the way she is. It will never change. 

And by the way, I am too smart to lose 25k in the stock market. Get that in your head.

I had lost money of course and I will probably again, but the gain had exceeded the money lost. I can deal and I know how to handle the risk. That’s all I can say.

Other few things are going on. I applied for jobs, I hope for a positive response and if so well, I will be able to leave Quebec province FOREVER and leave the freaks and the stupid Quebec sovereignist behind. Quebec province, well, Stephen Harper won’t ever say it himself, but Quebec province is a shame for the rest of Canada. I really hope that one day Quebec will separate, so no Canadians have to deal with Quebec stupidity, the same I had to deal with.

To skip directly for happier news: for the month of February, I made 141.75$ online from Google famous program. I haven’t been much active during the month of February on my blog and HubPages, so I don’t know if I will be able to make the payout for the month of March. Anyhow, that doesn’t really matter. I also made 10$ so far from Swagbucks, but I didn’t request my payment yet. I taught about accumulate more points in order to purchase something on With Swagbucks program, 700 points = 5$ PayPal payout and 450 points = 5$ Amazon online certificate. Gift certificates are both available for and At this point, I am just looking forward to accumulate more points. It’s a nice hobby, once you start, you’ll see, you’ll get addicted to Swagbucks.

Yep, I had snapped a pic of a Superior propane tank! I find this very funny, especially knowing that I recently sell 200 stocks of SPB. Bye bye Superior!

Friday, February 25, 2011

A 17.78% gain for DNI Metals (DNI)

I had been holding my stocks of DNI Metals (DNI) or Dumont Nickel (DNI) (I actually preferred the old name) for quite some time. Back in 2009, this was supposed a quick buy-and-sell to make out some money for the summer. It was supposed to be the money for sandals and one or 2 summer dress. But the dream ever happens. Back in the summer of 2009, I wasn’t able to sell DNI in order to make the profit wanted. All I wanted was a 200$-300$ profit. Not more than that. But it never happens. Despite the desperation, I did what I do best: buy and hold. I had been now holding DNI Metals (DNI) for something like close to 3 years.

I initially invested 690$ (+ 29$ commission fee) in Dumont Nickel. Currently, my investment in DNI Metals (DNI) worth 761.88$. Nothing to be very excited about, but a gain of 17.78% is absolutely awesome. I personally think that DNI can go higher than just 26.5 cents. I don’t have any explanation on today DNI Metals (DNI) fantastic gain. This very strange knowing that we are in the middle of the winter and I guess that, well, for metal exploitation, this is not the greatest time of the year, right? But some financial statement had appeared earlier in February for DNI and I guess that investors had been pleased with what they had read. Because no, I didn’t read DNI Metals (DNI) most recent financial statement. I am a long time investor of DNI and whatever happens to DNI, I accept it, I hold no matter what. Reason behind is that I don’t have anything to lose. Remember, this is a 719$ worth investment.

Today marks more than 100 trades for DNI. Usually, we only count 10 or so trades per day on DNI Metals (DNI). Something is going on and we are soon going to find out what. To sell now is not a good idea because a lot is going on for DNI Metals (DNI). DNI Metals (DNI) Alberta exploitation seem to be ongoing. My feeling is that DNI can reach the 30 cents per stock or even more. I like the way this is going on because the gains for DNI had been continuous and steady. It’s not like the stock hit the 26 cents to immediately go back to the 20 cents or something like it. That’s why I like the feeling of the recent DNI gain. At this time, I will continue to hold DNI and wait for something extraordinary to happen, just as for everything else.

Mom, I invest in stocks

I am still at home in New Brunswick. My mom always worry about me because of my frugal living style. I always been the way I am right now, meaning counting every penny to the cent without being scared of cutting unnecessary expenses or anything else. Without being scared at all.

So just to make her feel better about me, I told her I had 82k in assets and I try to talk a bit about my investment. She was surprised by the sum of money I have under my name. She asked me: how were you able to do that? I explain I was investing in stocks etc. She took it well. Not that I taught she was going to tell me to sell or anything like it, but I came from a family who doesn't know about the stock market. Not knowing is ok, but I was scared she was going to make pressure for me to sell everything I own. She didn't. She worried about fraud, but I explain basically that I am the boss, no one have a word to say with what I do with my money. No one control it except myself.

I was listening tonight to the Mount Real Montreal financial fraud scandal. There was that interview of Bruno Pelletier who lost 250k in the Mount Real financial fraud. In total, 1 600 investors had lost big deal of money in Mount Real.

My secret for financial success is the same I had been following since 2005. It's all about managing the money yourself and pushing to get the money invest in financial products that I wanted. Before getting a broker account, I had to deal with Quebeckers who believe are great financial advisers and got it. Each time, I had to fight to get the mutual funds I wanted. With Quebeckers, I was always getting comments of the kind that I don't know what I am doing, I shouldn't invest in this or that, etc... I had wrote several post with title "horror stories". You might want to search "horror stories" in the search engine of my blog located in the right inside of this blog. Dealing with Quebeckers and French people when it come to my financial life has always been a hassle. Quebeckers are not competent enough to be successful in finance. It's not because I am temporary living in Quebec that I am going to let some little incompetents deal with my money.

While living in Quebec, it's difficult to get things done my way, but I am going to share a couple of my tips to help you escape the misery if, like me, you are a Canadian living for now in Quebec province:

Financial tip 1: Always deal over the customer service through the phone. When calling (bank or any other institutions), always select the English line. by selecting the English line, you increase your chances to get someone from a call center in Toronto or someplace else, someone who will be willing to do business with you correctly.

Financial tip 2: It's part of the financial tip number 1, but as number 2, I will say, while living in Quebec province, try to avoid face-to-face appointment with a representative, whenever it's for a RRSP contribution, loan request or anything else. I had lost time with Quebeckers in many occasions. At the end, I always had to resolve everything over the phone, through customer service.

Financial tip 3: Know what you are looking for. Never accept no as an answer coming from a Quebecker. Don't let them pushing you down. You know what you want and it's ok for you to get what you want. If a Quebecker disagree with you, you have the right: to disagree with them and leave a deal unclosed if you don't agree with a decision concerning your finance. Remember: you're the boss and you can get what you want.

Financial tip 4: You are finally getting something, a credit card, credit line or the investment you had been waiting for very long? you will have paper work to fill. READ VERY CLOSELY EVERYTHING. I don't care if it take you 15 minutes or more. READ and make sure that what you have agree appear in the documentation. You don't understand a part of the document you're about to sign? ASK questions, make things clear and get what you want. ONLY what you want.

Financial tip 5: When it come to your personal finance, only deal with banks.

Financial tip 6: Open a broker account. This will open new financial opportunities, leaving you as self-started. Go with TD Waterhouse. Easy use and offer a 24 hour customer phone service.

This is all what it come to mind for now, but I may get into other ideas. You may say to yourself: that girl is a complete freak who hate Quebeckers. You may be partly right on that. BUT, I had gone through a lot of things in Quebec. In numerous occasions, I was pushed down, I had been fired from a teller position at BMO Bank of Montreal, I had been refused stuff I wanted. I know how Quebec province is and I can tell you, the financial services here are really ugly. The Autorité des marchés financiers doesn't do the job. As a Canadian, I want to get the best of everything and the only way to get that is to try to stay away from Quebeckers. Quebeckers don't have the brain it take to be able to provide good financial services because they don't believe in Canada as a country.

Another financial tip 7: don't invest in the Caisse de dépôt et placement du Québec or in the Fonds de solidarité FTQ. On the long run, if you respect the diversification rule, you'll do better than any managers of the Caisse de dépôt et placement du Québec. Michel Sabia thing that the Caisse de dépôt et placement du Québec is doing a great job because of the 13% earn in 2010. 13% for 2010, but that's not enough to erase the mistake of the past. Henri-Paul Rousseau was a bad manager of the Caisse de dépôt et placement du Québec but he was hired as Vice-President of Power Corporation of Canada. Power Corporation is an asset management company located in Montreal. Quebec financial system is full of personalities of this type, just willing to acquire a situation to be able to make money and use the money of the middle class for corrupted activities. Don't ever put your faith in Quebec financial system.

In other words: take the place you deserve and leave Quebec financial system behind. I had been investing since 2005 in Quebec province. I had gone a long way since that time and well, I think I know a little bit of what I am talking now.

Tuesday, February 22, 2011

Eric Sprott Physical Silver PHS.U Rock

What did I told you about the Sprott Physical Silver (PHS.U)??? I knew it! PHS.U is now at 15$ per unit. This bring in an immediate profit of 56.40$, but I won't sell my units of PHS.U now.

That's the power of silver.

If you had made an investment mistake, and look for a way to catch up and recover, well, PHS.U is the perfect investment for that!

Go go go!


I just sell my stocks of Superior Plus Corp. (SPB)

Hello investors!

Directly from New Brunswick, I sell my stocks of Superior Plus Corp. (SPB) for an amount of 2 252$, 11.31$ per stock. Selling was the only way out as I could not continue very long with Superior Plus Corp. (SPB). Too stressful.

I also sell my stocks of BA, for an amount of 5 430.25$ (26.75$ per stock) and I reinvested the money in 470 units of the Sprott Physical Silver (PHS.U) at 14.88$. I know I can make good money out of PHS.U. I wanted to sell BA just to be able to use the money for leverage in PHS.U. If I sell BA, it was only to have more cash available to invest in PHS.U. So watch out for silver, it's my next big thing!

Got to go for now.

Saturday, February 19, 2011

Place a sell order for SPB

This past Friday, I was so busy getting everything organize before leaving, that I did not follow the market. Everything look ok overall, at the exception of SPB. I prepared a sell order for this one. On Monday, the stock market is closed, so the sale order will go through the following say. I am writing this from inside the bus. There's wifi in here. In less than 2 hours, I will be home.

Friday, February 18, 2011

Going home in New Brunswick for a visit

Yesterday I broke down but I feel a bit better now, knowing recent events. I have 2 weeks of paid vacation. Which mean I will probably be in New Brunswick for 2 weeks. After what I will come back in Montreal. No matter how bad I want to leave, I cannot leave immediately. Not to forget about my tax declaration that is coming soon. This is the perfect timing as my weekend job is going to begin soon. After what I will try to pay off some debt and see what I want to do after. That sudden event broke something deep inside me. I guess going home for 2 weeks will be good. I will go fishing on the lake maybe. And of course, I will keep you post. Or try to, as no Internet at home.

My portfolio perform very well lately. Don't hesitate to copy and borrow whatever that can fit you best.

Thursday, February 17, 2011

RIP, may the light be with you

Today, my uncle who has suffering from Pakinson disease died in my little hometown of New Brunswick at the age of 64. In June, he would had been 65. It's not a tragic event in a way, as my uncle was in the terminal phase of Pakinson. His body was not answering him anymore. He could talked but it was difficult to understand him. He could no longer walked or eat normal meals since quite some time. The Parkinson disease my uncle had has nothing to do with the type of Parkinson Micheal Fox suffered from. There's absolutely nothing common between the two, this being said very quickly, without knowing anything much more than what I know from the actor condition. Back to the Future is my favorite movie of all time. Knowing Micheal Fox was suffering from Parkinson disease was such a shocked. As for my uncle, he had worked with different chemical products all of his working life and he could not had been as careful that he should. Maybe. I know the environment has something to do about Parkinson.

My uncle died today at 5:15pm Atlantic Time. It was 4:15pm here in Montreal. An hour before his dead, I was happily trading online, making big bucks from my sell of PHS.U. When I sell PHS.U, the silver units were at their highest value ever, 14.04$. I did the sell at 3:16pm exactly. And hour after, my uncle was diying. And it feel like it was my uncle last gift before he died. My uncle had always been so generous for me and my brother when we were children. He was bringing pen, papers, markers he was getting for free from work for us. Me and my brother were playing for hours on the Nintendo games belonging to his children. I also remember watching the movie E.T. at his place with my family. At a time, he was the only one who had a video player. I also remember his pets. I had done some home cleaning job when I was a teenager at his house. He had 2 sons, well employed. Today and yesterday, everything was put together to help me reach my investment goal. And yesterday, well, yesterday was the day of the 150k goal (and close to 70k in debt). But that's another story.

With the lost of my uncle, it's a part of my childhood who's going away and its feel like it will never be the same and I feel like going away from this damn Quebec province and get the hell out of here and never come again could be the right thing to do.

But than what?

With my latest investment in WTE.UN, I had reached the equivalent of 625$ per month in dividend income. I won't get a straight 625$ per month, I know what, because some companies I hold pay a dividend on a quarterly basis. I won't go far with 625$ per month in my pocket, but it's more than what I need to make the minimum payment on my debt.

Life is not good for me in Quebec province. I always had a kind of luck in everything, but this time, here in Quebec, I am loosing myself. I can't get a good job and nothing is good. My salary revision was due back in November 2010. Nothing since that time, and I ask many times. How long am I going to wait to get what I want? Am I going to loose my time here in Quebec forever?

Moving include a lot of things. I had accumulated a lot of things and I would need to move everything from here to my hometown. It's not like I just have a suitcase and I can go on a run, unfortunately.

Moving back home in New Brunswick could worked out, but that would be like I would gave up on everything and say: I quite. My problem back home would be to find employment. Also, I don't drive and well, there's no public transportation where I live... The problems are gigantic. It's almost like there's no way to end the misery. But doing a Stop Working on an annual 7 500$ make me laugh, in a way. Other than that, I don't know what to do.

New trades: WTE.UN

I sell 300 units of PHS.U at 14.04$ and I just buy 200 stocks of WTE.UN at 23.11$. I am very happy since this new investment will add up to my dividend income. 178$ x 2 = 356$. I did an amazing profit with PHS.U.

Wednesday, February 16, 2011

I am now at 151 053.11$

I didn't do any trades today. I just update my portfolio now. I was very curious on how much I was now since the amount for the rent of February, among other, had been debited from my savings. Even while having less in savings, I was able to reach the 150k, I even exceed it.

Currently, I hold 151 053.11$ in assets, 68 988.68$ in debt, 3 409.95$ in annual interest for the debt and 7 481.29$ in annual dividend income (non registered, TFSA + RRSP).

I am satisfy with those numbers of course, but I could worked at increasing my dividend income without adding new money to my portfolio, but that's something for later. The next natural goal would be to "my first" 200 000$... The 200k sound easy. My weekend job should be back in service in 1 or 2 weeks from now. I will focus on paying some debt.

My net worth is at a good 82 064.43. In the next couple of weeks, I will try to increase my net worth value by paying off some debt. While updating my debt section, I was surprised, because I am exceeding the 65 000$ in debt and I taught that I was close or around 65 000$, but never did I taught I was exceeding the 65 000$ of 3 thousands more... Having debt do not bother me, but since I now have what I wanted (150k in assets), well, time to pay off some debt...

WOW. This is really me saying that!!!!!

This time, I am serious about paying debt, even if it would be just a couple hundred of dollars per month. To invest, I can find thousands of dollars very easily but when it come to pay debt... it's another story. BUT... It's important to pay off debt. Remember my credit card balance transfer at 4.9% that is ending on April 2011... Debt is a reality, but also my 2010 tax declaration. I may have a couple of hundred to pay for my taxes. Debt is a reality that I can't no longer ignore.

Life is hard at this time for the Dividend Girl. I am working part-time only. Life is hard in the sense hard to make more than the minimum payment on all of my credit products. My weekend job should started within the next 2 weeks or so from what I was told. Everything happen just for a reason: TO PAY OFF DEBT. I have to keep that idea in mind and stop injecting new money to my portfolio.

Today was the day of my 150k, I need to celebrate.

My debt situation on date of February 16, 2011

9 366.58$ at a low interest rate of 4.75% (RRSP credit line rates) = 444.91$ in annual interest

4 900$ at a low interest rate of 4% (credit line rates) = 196$ in annual interest

7 925.83$ on a TD Canada Trust credit card at a low interest rate of 4.9% ending in April 2011 (result of a credit card balance transfer)
= 388.37$ in annual interest

7 766.03$ at low interest rate loan at 5.50% (student loan) = 427.13$ in annual interest

9 760$ at 7.27% (credit line rates) = 709.55$ in annual interest

29 270.24$ at a low interest rates of 4.25% (margin money coming from TD Water house): =
1 243.99$ in annual interest

TOTAL: 68 988.68$

TOTAL in annual interest: 3 409.95$
[In date of February 16, 2011]

My investment portfolio on date of February 16, 2011


Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 4 615$
Timminco (TIM): 102$
Blue Note Mining (BNT): 46$
Bank of Nova Scotia (BNS): 6 442.47$
Hanwei Energy Services (HE): 142$
Methanex Corporation (MX): 2 914.90$
Fortis (FTS): 3 562.03$
Pembina Pipeline Corporation (PPL):
9 609.15$
Just Energy Group Inc. (JE): 9 198$
Yellow Media Inc. (YLO): 2 731.20$
Bell Aliant Inc. (BA): 5 411.98$
Pengrowth Energy Corporation (PGF): 2 617.22$
Enbridge Income Fund Holdings Inc. (ENF): 5 922.45$
Corby Distilleries Limited (CDL.A): 3 599.64$
Davis + Henderson Corporation (DH):
4 246.04$
Premium Brands Holdings Corporation (PBH):
3 348.80$
EnCana Corporation (ECA): 6 134.52$
Sprott Physical Silver Trust UTS (PHS.U): 4 062$
iShares S&P/TSX Capped REIT Index (XRE): 2 206.82$
Horizons Gold Yield Fund (HGY.UN): 1 934$
Canfor Pulp Products Inc. (CFX): 1 659$
New Flyer Industries Inc. (NFI.UN): 2 380$
Superior Plus Corp. (SPB): 2 470$
Capital Power Income L.P. (CPA.UN): 1 958$
Exchange Income Corporation (EIF): 1 963$
Rogers Sugar Inc. (RSI): 1 683$
Student Transportation (STB): 1 384$
Colabor Group Inc. (GCL): 2 412$
TMX Group Inc. (X): 4 060$
Data Group Income Fund (DGI.UN): 3 990$
TD Toronto Dominion (TD): 2 011.75$
Cash: 299.05$

TOTAL: 105 116.02$

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): 3 124.40$
Dumont Nickel Inc. (DNI): 488.75$
Cash: 7.79$

TOTAL: 3 620.94$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 678.50$
Claymore Gold Bullion ETF (CGL): 4 177.68$
EnCana Corporation (ECA): 3 052$
Emera Incorporated (EMA): 6 684.70$
Cash: 87.06$

CIBC Dividend Growth Fund: 585.68$
CIBC Emerging Markets Index Fund: 408.29$
CIBC Monthly Income Fund: 1 112.73$

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

GIC National Bank: 1 251.85$
GIC Plus TD: 500$

TD Canadian Bond: 117.29$
TD Monthly Income: 115$
TD Emerging Markets: 85.31$
TD Energy: 102.73$
TD Precious Metals: 148.60$
TD Latin American Growth: 101.28$
TD Entertainment and Communications: 131.22$
TD Dividend Growth: 220.66$
TD U.S. Mid-Cap Growth: 125.49$

Maritime Life International Equity Fund
(Templeton): 680.75$
Manulife Simplicity Growth Portfolio: 948.41$
Maritime Life CI Harbour Seg Fund: 1 138.83$
Maritime Life Fidelity True North Seg Fund:
1 114.14$
Manulife GIF MLIA B World Invest: 661.09$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 578.06$
RBC U.S. Mid-Cap Equity Fund C$: 2 139.80$
RBC Global Resources Fund: 1 351.42$
RBC O'Shaughnessy International Equity Fund: 692.63$
RBC O'Shaughnessy All-Canadian Equity
Fund: 1 260.54$
RBC Global Precious Metals Fund: 1 072.16$

TOTAL: 41 164.14$

Social Capital at Desjardins Membership share
for 3 accounts: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
151 053.11$

Tuesday, February 15, 2011

Welcome to The Data Group Income Fund (DGI.UN), 600 units of DGI.UN in my portfolio

Many portfolio changes again today! I noticed that the price of PHS.U was up... so I decided to sell 300 units of Sprott Physical Silver Trust UTS (PHS.U) at 13.72$. Just the day before, I had purchased 400 units at 13.49$. This make a little profit of 69$, enough to cover the commissions on my latest stock transactions I guess. PHS.U is fun to hold, but it doesn't pay any dividend... After reading about Data Group Income Fund (DGI.UN), I found the company very great and I decided to invest in 600 units, at 6.66$ (not the exact price mention in previous post)... DGI.UN pay a good dividend and its seem to be a good hold for now.

I may sell some units of PHS.U again, but at this time, all those stocks trading exhausted me, in the sense that I don't have any time left to do anything else. I am very happy to only be working part-time at this time. Another advantage of working part-time only: Less money, less tax to pay...

With the recent changes made to my stock portfolio, I am now at 7 149.97$ in dividend income outside the RRSP (equivalent of 595.83$). Of course, I am looking forward to increase my dividend income. Having a dividend income can be kind of tricky because it can be dangerous to ONLY focus on the dividend income, and forgive about the importance of diversification. I could easily reach the 8 400$ (that being the equivalent of a 700$ per month) in dividend income, but that would just increase the level of risk I am taking.

Example: I could invest more in Superior Plus Corporation (SPB) who provided investor a dividend yield of more than 13%. I already hold 200 stocks in SPB and, from my point of view, it's enough. I read on forums some investors comments saying that they would invest in SPB if the company would be paying a reasonable yield. Because for some investors, a very high yield is a stay away alert... But that make sense in a certain way.

I promised you a new dividend payer company, and here it is: Westshore Terminals Investment Corporation (WTE.UN). Its been shared by a reader who told me that the company is hold by one of the richest man in Canada. My first reading gave me the impression that WTE.UN is an important company in Canada, but I cannot say much more at this time.

Dumont Nickel (DNI) alias DNI Metals Inc. (DNI) hit hard on the Toronto Stock Exchange Market

I had been a long time investor of DNI Metals Inc. (DNI). Back in the time of my online stock trades, the company name was Dumont Nickel (DNI). Inside my online broker day trading, I was holding 23 000 stocks of DNI at 3 cents per stock (690$ investment value). Following what, the company had went through different changes. Among other, there's been that 8 to 1 fusion, leaving nothing more than 2 875 stocks as tiny little investment value (but I won't complaint, it was my choice to invest in Dumont Nickel (DNI)). DNI is now from my TFSA.

So far, I had never been able to make some money out of my stock investment in DNI Metals Inc. (DNI). The best thing would had been to sell following the 8 to 1 fusion. Initially, my stock investment in DNI Metals Inc. (DNI) was supposed to be a hit and run: a quick buy, for a quick sell and a quick gain. But gains never came...

It's a good thing I didn't sell DNI Metals Inc. (DNI) because new developments are on their way. And ta-dam... today, just like magic, DNI Metals Inc. (DNI) gains a fantastic 34.62%!!! DNI closed today at 0.175 cents. Good, but not good enough to make a profit out of the stock investment.

I am holding DNI because I had been holding the company in my online future trading broker for quite some time now, but this is not a BUY recommendation coming from my end for online investing. Not that I don't want to promote a company that I hold, but it's been a very long run with DNI now and no money made. But the company is to be watch. The company may experiment more sustainable result in the months to come. While waiting for that time to happen, I will still hold DNI.

New trades: Welcome DGI.UN

I just sell 300 units of PHS.U at 13.72$ and buy 600 units of DGI.UN at 6.65$.

How many Denis Gagnon dressses can I buy with 149 658.45$?

Yeah, 149 658.45$ is what I own in date of February 10, 2011. This past Sunday was the last day for Denis Gagnon exhibition Denis Gagnon Shows All at the Contemporary Art Square located in the Montreal Museum of Fine Arts (MMFA).

I went in a rush, but I don't regret, despite the fact that Denis Gagnon is a Quebec independentist. Denis Gagnon might be a Quebec independentist, openly promoting the independence of Quebec from Canada (willing to make Quebec becoming a country of its own), but he is a grand couturier. Denis Gagnon exhibition was AWESOME! My first contact with the haute couture... Here are some beautiful pictures taken with my iPod. Hope you will appreciate.

How to use Sprott Physical Silver Trust UTS (PHS.U) to leverage your finance

Today I wake up and the day start on a strange way: I decided to sell more than 400 units of Just Energy Group Inc. (JE). This was the first time I was selling some stocks of Just Energy Group Inc. (JE). Why did I decide to sell some units of Just Energy Group Inc. (JE)?

The value of JE in my portfolio was exceeding the 16 000$. Following my last purchase of 300 stocks of Just Energy Group Inc. (JE) not too long ago, a reader said that I might be holding too much in Just Energy Group Inc. (JE). I took the decision to sell some stocks of Just Energy Group Inc. (JE) not because I no longer belive in the company, but because I felt important to reconsider my latest investment in JE. Fact is, 16 000$ is quite some money. I find it incredible to hold that much in one single company (considering the current state of my portfolio).

Also, I wanted to sell some JE in order to extend my portfolio in other area, without knowing about what I would like to invest next... I still own some stocks of Just Energy, I will always be an investor in JE. I love Just Energy! And for a couple of days, my dream was a reality: I had been holding more than 1 000 stocks in JE, my dream had came true... for a couple of

Following the sell of some stocks of JE, I decided, to invest in 25 stocks of TD (yep, I had invested in my favorite bank, finally!) and 400 units of PHS.U. Why did I pick those 2 investments? Well, what I am looking for is leverage. With those 2 investments, chances are that I will be able to register some great gain on a relatively short period of time. That's the deal. That's what I want: MONEY lol.

Seriously, I know I can make great money out of the Sprott Physical Silver Trust UTS (PHS.U) because I already made great money through the Sprott Physical Silver Trust UTS (PHS.U). Back in November 2010, I had purchased 200 units of PHS.U at 10.73$! Currently, the units are at 13.46$! We are talking here about a profit of 546$! Very good!

I never own some TD stocks before, but I am very proud to be a new TD Canada Trust (TD) investor, even for the extra tiny amount of stocks purchase. I can easily see TD stock hit the 80$+ without too much trouble.

That's the changes that happen today in my portfolio. But that's not all, because some other changes could happen soon? Why? Well today, I may be single on Valentine Day, writing this post. But where is my Valentine? lol.. BUT, I had received an email from a reader giving me a great opportunity in a company that I never heard before: DATA Group Income Fund (DGI.UN). The fund is what it is, it's an income fund, it could be the only one left inside the TSX. I don't know.

Despite the fact that I am holding several companies, adding another one to the bunch is just a benefit, because it's add to the diversification of the asset. I don't have a specific diversification scheme, but I like to have a diversify portfolio and I think that, even at this time, I hold a diversify portfolio. When I have to leave home to go to work, I feel comfortable leaving the stock market behind, because I know my portfolio is diversify.

I will post more about DATA Group Income Fund (DGI.UN) on a later date. In the meantime, you can do your own search. You'll see, the dividend yield is very great!!

Don't forget: life is about getting what you want.

Monday, February 14, 2011

Happy Valentine trading

Latest trading update, could not post - or I was going to be late for work:
Sell of 438 unis of JE for 6 279.69$.
Purchase of 400 units of PHS.S for 5 424.91$.
Purchase of 25 stocks of TD for 1 985.99$.

Happy Valentine!

About my latest stock investment in TMX Group Inc. (X)

I had been lucky enough to catch TMX Group Inc. (X) when its stock price was at 41.97$. Whit this investment, I am looking to get the same thing as for my investment in EnCana Corporation (ECA): good quality grow and some dividend among the way. Back in the time, I was able to purchase 200 stocks of EnCana Corporation (ECA) at 29.59$. It was a great bargain. I don't think EnCana Corporation (ECA) while go down to 29.59$ any time soon. My initial investment of 5 918$ in EnCana currently worth 6 237$, for a 319$ profit. EnCana close Friday at 31.03$.

As for now, I want to hold ECA because I am pretty sure it ECA will reach 35$ per unit soon and, for long term, I am looking for a 40$ per stock. Does it mean I will sell EnCana when it reached 35$-40$ per stock? No because it's a quality stock in natural resources and on top of that, it's a Derek Foster stock. And remember, ECA was once at 60$+, it could hit the 60$ per stock again when the TSX hit back its old 15 000 points like in 2008, before the stock crash.

When it come to TMX Group Inc. (X), it's a different story. At more than 40$ per stock, my investment in TMX represent quite some money. A lot of money that I don't have in form of real cash. I used some of my margin money to place this stock purchase. At this point, my using of margin is balance. I had borrowed 28 013$ of my margin. I still have available close to 35 000$ available on my margin. I feel comfortable with those numbers.

This 28 013$ include the 5 000$ that I use to pay off my line of credit. If I feel the market is getting volatile, I can at anytime transfer the money back in my margin account. I feel my margin is well balance yes, but under no circumstances, I cannot place any other stock purchase order using my margin money. That could be potentially dangerous. I am willing to take the risk with the current holdings I have, but I cannot handle more risk.

Why did I suddenly decide to invest in TMX Group Inc. (X)? Well, on February 9, 2011, TMX Group Inc. (X) discuss merger with the London Stock Exchange Group. Without knowing more than that, I knew this was something very important and we could possibly consider the date of February 9, 2011 as an historic event, prior to the actual merger.

The deal is not completed yet, as Ontario and Quebec provinces are the only 2 players left that need to agree in order to close the merger. If Quebec province refused, I suggest to kick out Quebec province from Canada. No more problem. No more time wasted. Stephen Harper had spend so much time trying to satisfy the fools, its awful. Now, time to satisfy us Canadian workers-investors. We are going to make millions out of this. And watch out for very awesome profit for TMX Group Inc. (X). And by the way, Quebeckers are not smart enough to be in charge of something as important as financial regulation. It's should be a federal jurisdiction. We are one country, one currency, one federal power. Rock on Canada. Make be become rich $$$.

Saturday, February 12, 2011

Banking on Sunday is now possible at TD Canada Trust

For a reason that I didn't figure out yet, most of the Canadian banks have horrible opening hours.

Need example? Scotiabank opening hours for a Montreal downtown location are from 9am to 5pm, from Monday to Friday. Those are not opening hours that respect customers working hours. Most people have a work schedule of 9 to 5... so for those people, it's not convenient do to their banking with Scotiabank. I would say that Scotiabank could be a better fit for senior citizens, who don't work anymore for their living. Because if you work, as any young individual of my age, younger or older, from Monday to Friday, from 9am to 5pm, there's no way to get the banking services needed from Scotiabank. those hours of operation are not respectful for the customers. Someone who's with Scotiabnak and need to take an appointment to open a credit card, credit line or other financial products basically need to take a few hours off from his/her job to be able to get the product wanted.

Being those horrible opening hours, I find there's a lot of vanity. In the sense that it's the customer who need to make the effort to fit its schedule to the bank opening hours. We are now in 2011, this shouldn't be the case anymore. I took here the example of Scotiabank, but Scotiabank is not the only bank with horrible opening hours.

BMO Bank of Montreal branches would be another example of very bad customer services. Because yes, if you cannot operated in other to fit customers need, well, that's what I personally consider as being extremely bad customer services. For a while, I was working at BMO Bank of Montreal, Montreal call center. Trust me, customer services is bad from inside out. Knowing also that BMO Bank of Montreal did not paid overtime to some employers of BMO Nesbitt Burns... Well, you know, BMO Bank of Montreal managers, and the CEO, are not looking to provide to their customers good quality services. All they want is sale sale sale. They push a lot on sale at the call center of Montreal, BMO Bank of Montreal. If mutual funds and other financial products that BMO Bank of Montreal would had been good, I would had been making plenty of sales when I was working at their call center. I am currently among the top seller where I work right now. Actually, for 2010, I was the top seller. So I know how to sell, how to present things. I know how to present a product or services that will advantage best the customer. It's all about making a sell that will advantage the customer. That's my philosophy.

Anyhow, just to say that BMO Bank of Montreal doesn't have it all. They pushed too much on sell for nothing. Would you pay 30$ per month for BMO Bank of Montreal? Common on! See that's the lack of common sense I had to tell everyday while working at BMO Bank of Montreal. BMO Bank of Montreal is not good for their employees, and their not good for their customers either. Sell come naturally when you have great product to offer to customers. BMO Bank of Montreal mutual funds are far of being among top performer. Nothing at BMO Bank of Montreal really worth it. BMO Bank of Montreal is a Quebec bank and its show by their poor management and poor caring for customers. Because if BMO Bank of Montreal would really care about customers, they would open early in the morning and late at night, they would be open on Saturday and Sunday. But it's currently not the case.

If we take per example the branch of BMO Bank of Montreal located at 670 on St Catherine West, corner University, right downtown Montreal. The opening hours for that branch are from 10am to 5pm, from Monday to Friday... this is even worst of what I saw for RBC Royal Bank. RBC bank open at 9am... And TD? 8am.

In other words: Making money make sense for BMO Bank of Montreal, but that's the only thing they really care about: make money on customers while providing them horrible opening hours. Ok, some of BMO Bank of Montreal branches are open on Saturday, but it's not enough. The vast majority of BMO Bank of Montreal branches are not open on Saturday. And Sunday? Well, forget about the Sunday... BMO Bank of Montreal employees who work at BMO branches are off on that day. What a bunch of lazy individuals! So when I was fired for no reason from BMO Bank of Montreal, I didn't worry, I wasn't going to work for a stupid administration all of my live. Since that time, I had been better than ever. So better stay away from BMO Bank of Montreal. That's how I become wealthy financially. And a big part of what I have today come because I had an awesome service from TD Canada Trust and TD Waterhouse.

Things are completely different at TD Canada Trust. I had been a TD customer since 2005. Even at that time, they were open on Saturday. Being able to rely on a bank who's willing to provide you everything you want, including very large opening hours is very great! As workers and investors, Canadians deserved a bank who can support their needs and I personally find that at TD.

It's important to give your business at a financial institution that had understood that the normal individual work from 9 to 5, from Monday to Friday. In Canada, TD Canada Trust is the only financial institution who open as early as 8am. The other institutions don't care if you have to miss some work hours to do your banking with them. They simply don't care. Among Canadian financial services, is the culture of arrogance and vanity that exist. And this is very true in Montreal. And it's very funny in a way. Quebec culture is one of corruption. I had experiment it while working at BMO Bank of Montreal, Montreal call center.

Here's the letter I got when I got laid off from BMO Bank of Montreal:

"Madame XXX,

Suite à nos récentes discussions concernant vos difficultés à fournir un rendement satisfaisant sur votre poste, nous désirons vous informer que nous sommes toujours insatisfaits de votre rendement.

Pour ces motifs, et étant toujours en période de probation, nous n'avons d'autre alternative que de vous aviser que nous mettons fin à votre emploi effectif aujourd'hui le XXX.

Vous recevrez deux semaines de salaire en guise de préavis. Votre rémunération cessera le XXX. Pour ce qui a trait à vos avantages sociaux, veuillez vous référer au document d'information ci-joint."

I had been fired without any explanations, as no explanations appear in this letter. The director was obese, very hyprocrite. She told me once that I was reserved (tu es réservée). It was always about comments to push me down. And I am not reserved by the way, I am calm. That's why I had been able to perform so well on the stock market. At BMO Bank of Montreal, I was under probation, willing to learn, and I am getting told that my performance is not good? To get the skills required time. But seem like they were not smart enough at BMO to understand that.

I had to deal with a bunch of idiots while working at BMO Bank of Montreal. One night, I asked a question to the assistant supervisor, he didn't want to help at all. And I got this customer who had been promised a cash advance. Anyhow, the money wasn't there. The situation was simple, the money needed to be add to the banking account because the customer had been promised so. A note in the account was related to the question. Of course, its not an operation that I could performed myself, so I report myself to the assistant supervisor. Than, instead of performing the operation, he became to ask me foolish questions. To what I reply why are you asking all those questions, there's a note in the account, the money is not there. what are you waiting for? To that, the assistant supervisor stupidly say: I want to understand your banking logic (je veux comprendre ta logique bancaire)... and during that time, the customer was waiting, waiting and waiting.

The assistant supervisor was a complete idiots and he was laughing on me all the time. So my direct supervisor. One day, she attack me because the customer I had online hang up. It was a different case. For the shift 6pm to 2 am, most of the time, the only floor support available was the assistant supervisor and supervisor. There was plenty of calls non stop, and they were both super busy. Most of the time, assistant supervisor was receiving call himself. All new tellers were left alone. Which I find irresponsible. As tellers, we were poorly train. I had a very good co-worker who got fired during the integration period. Another girl had worked at CIBC before, she got fired too during the integration period. fired, fired, fired. BMO Bank of Montreal hired people on a regular basis for their Montreal call center. Reason behind is a poor management. they keep hiring, firing, treat workers like animals. and the atmosphere at the BMO Bank of Montreal, Montreal call center is not good. The managers created all that pressure around sales. Very ridiculous. No one can do great sell if the good products are not there. Doesn't it seem logic to you? Do you really think I am going to sell a banking package at 30$ per month, which make no sense at all, just to make you happy? Everything I live at BMO Bank of Montreal was non sense. Other people who got laid off of BMO can also testify of the stupidity. But here, we are talking about a stupidity, the stupidity of Quebeckers. In New Brunswick, we know well about the idiots, that's why NB Power did not got sell to Quebec province. No one in my province want to deal with stupidity. As Canadians, we have to learn how to protect ourselves from the stupidity of Quebeckers. I myself prepare to leave Quebec province, that's why my portfolio is very nice at this time. i am getting ready to leave those dumb people behind forever.

I had been pushed down at BMO Bank of Montreal. i had move from Ottawa to Montreal a couple of years ago to accept a position at Lexi-tech International, now name CLS Lexi-tech in their Brossard office. I was shocked to find out that the director, a petite obese woman had her daughter working with her in the same office. Her daughter was working for the human resources in the same office as her mother. From what I was told, her daughter report herself to the Moncton (New Brunswick) office. the director had personally trained her daughter to translation, making her proofread client documents and so on. The director daughter was not very skill for human resources task, it was cleared she was there because her mother was the director of the office. And people seem to accept that. There's a lot of favoritism in Quebec. I am not for favoritism. I was happy to be working for a New Brunswick company. Lexi-tech International, now name CLS Lexi-tech was found in Moncton in the late 1980s. But my dream turn into a nightmare. Can you imagine: I had moved from Ottawa to Brossard (QC) to find myself working with hypocrites, having a thing for favoritism. Because on top of that, the Brossard office was giving a lot of work to people they knew.

Currently where I work in Montreal, I had been working there since 3 years, since my experience with Lexi-tech International, now name CLS Lexi-tech. I still waiting for my salary raise that should had been giving to me in November. That's what they do at that place: they never give the promise raise, employees leave and they keep the money in their pockets. The working place is horrible, we are working on old Dell computer "boxes" on square screens. the place is never clean. And they keep hiring, hiring, hiring, firing, firing, firing, just like BMO Bank of Montreal.

So when it come to Quebec province, don't come here. Jean Charest is Quebec leader and his corruption. Jean Charest represent well his people, who most of them are hypocrites and of a very corrupted nature. If you have foreign diplomas, in Quebec, you don't get recognize. And even as an individual, you don't get recognize. Some of my co-workers had been doctors in Haiti. Here in Quebec, those same individuals can't get better than a job in a call center. To them, I always told them to try in New Brunswick, Ontario. Education is a provincial jurisdiction. and since Quebec province is the way it is for now, I always tell to those brave people to try in another province. Even where I had been working, some people are giving higher position and they haven't been working there as long as myself. I mean, for the help of God, don't ever move to Quebec province. Don't do the same mistake I did 3 years ago.

When I think about it, being fired from BMO Bank of Montreal was a blessing. Its just show that I blow them all. Someone like me, who perform so well in life and on the stock market, well, Quebecois don't like that and are willing to do everything they can to push me down. but you push me down, I want more, I get more and I get better. I dedicate my financial success to all those idiots of Quebecois who had pushed me down. This is for you, idiots.

Ever since I got fired from BMO Bank of Montreal, my investment technique got stronger, my portfolio got hotter and dividend income, juicy. And now, I am on my way to make a living from dividend. So check me out.

And when it come to banking services, only deal with the best: TD Canada Trust. TD, as its name suggest it, is a Toronto based bank. Nothing include or involve anything related to Quebec. So you won't ever have to deal with stupidity. And remember: TD Canada Trust has been ranked Highest in customer satisfaction among the big five retail banks 5 years in a row by J.D. Power and Associates. And now, the best Canadian bank offer banking services on Sunday in more than 300 branches! This is the kind of banking services everyone need and its important to be able to benefit from it.

I prefer the word Quebeckers to Quebecois because it make them sound dumb as just they are.

Thank you

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