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Thursday, February 10, 2011

I am now at 149 658.45$

I am now very close to the 150k in assets and I am now very close to the 70$k in debt... This morning when I wake up, I just had one idea on mind: it wasn't about paying some debt, it was about investing in the TMX Group Inc. (X). And guess what, my timing was perfect. Recently, I had been lucky, but my luck could go away. It's the reason why I won't go deeper in debt. I won't invest more using margin money because I want to keep a healthy balance in my margin account. I want to be able to go to work without having to worry too much about what's going on with the stock market.

This morning, I purchased 100 stocks of TMX Group Inc. (X) at 41.97$. Today, TMX Group Inc. (X) closed at 42.13$. I already made a little gain of 16$, more than even to cover for my commission fee. On top of that, the investment in TMX Group Inc. (X) will pay a dividend of 40$ in March. So the money quietly add up little by little. As an investor, I am not looking for spectacular gain. What I want is stability and a good dividend return.

Talking dividend, I had received today my very first dividend of Horizons Gold Yield Fund (HGY.UN). Today, I had received 14.40$ from Horizons Gold Yield Fund (HGY.UN). From my calculation, this represent an annual dividend yield of 8.64% (if I consider 14.40$ x 12 months)... It's more than what Horizons Gold initially announced as dividend payment. But my way of calculate could be wrong... Anyhow, no matter how much is the dividend yield, I am very happy with my investment in Horizons Gold Yield Fund (HGY.UN), as much as for TMX Group Inc. (X).

Lately, some of my recent stock picks had performed extremely well. One of my latest top performer is Canfor Pulp Products Inc. (CFX). I initially invested in 100 stocks of Canfor Pulp Products Inc. (CFX), for an investment value of 1 479.99$. Currently, my investment in Canfor Pulp Products Inc. (CFX) worth 1 614$. That's a profit of 134.01$ within less than a month! Great!

I also had very good results with:

Student Transportation (STB)
Initial investment: 1 281.99$
Current value: 1 370$
Profit: 88.01$

Superior Plus Corp. (SPB):
Initial investment: 2 405.99$
Current value: 2 420$
Profit: 14.01$

Rogers Sugar Inc. (RSI)
Initial investment: 1 674.99$.
Current value: 1 686$
Profit: 11.01$

Student Transportation (STB) had performed very well. It worth it sometime to go with reader picks... In this case, Arunan (for Student Transportation (STB)) and the mountain lion man (for all the rest) were the stock pickers. THANK YOU! :)

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