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Friday, April 15, 2011

Today is pay day! 502.39$ dividend earning in one single day of... work

Today April 15, 2011, I had received 502.39$ in dividend! I don’t earn that much in a single day of work, that’s for sure! Here’s the dividend that join the dividend girl club today:

Colabor Group Inc. (GCL): 53.82$
Data Group Income Fund (DGI.UN): 32.73$
K-Bro Linen Inc. (KBL): 9.16$
New Flyer Industries Inc. (NFI.UN): 6.63$
Pembina Pipeline Corporation (PPL): 56.81$
Premium Brands Holdings Corporation (PBH): 119.95$
Sprott Inc. (SII): 150$
Student Transportation (STB): 0.04$
Westshore Terminals Invest Corp (WTE.UN): 19$
WesternOne Equity Income Fund (WEQ.UN): 54.25$
TOTAL: 502.39$

I know, that 4 cents coming from Student Transportation (STB) is strange but I believe it’s the dividend amount money that actually didn’t DRIP. I guess something else will show up within a couple of days for Student Transportation (STB).

Previously, I had received 10.84$ from Horizons Gold Yield Fund (HGY.UN) and 59.18$ from EnCana Corporation (ECA).

The overall value of my portfolio might had decreased of something like of 4 000$. Nothing to worry about, it’s just the effect of the market volatility and if you want my point of view, nothing is better than a little plunge to keep it real. Lately, I made many changes to my portfolio, trade a lot but it worth it all the way. For the experience, but also for the gain, despite experiencing the market volatility. Nothing that I am not use to. It’s not fun to see that my portfolio worth 4 000$ less than what it usually worth. But a 4 000$ on a 160k is not that of a big deal, especially while knowing that the market will – eventually – go up again. It’s not about being too much self-confident, it’s about having faith in the market. I am extra proud of my Just Energy Group (JE) who, despite the market volatility, is exceeding the 15$ per stock! Yeah! Basically, all of my investments are extra strong, except Yellow Media Inc. (YLO) and New Flyer Industries Inc. (NFI.UN). All of the other investments are down, but not of much.

And... major announcement, finally... my investment in the Sprott Canadian Equity Fund had exceed the 8 000$! I had initially invested 7 000$ in the Sprott Canadian Equity Fund back in 2008. I now hold the investment in my RRSP. I had been very patient with the Sprott Canadian Equity Fund and it worth it all the way. I am just hoping to be on the road for a straight and continuous grow.

And good news, since I didn’t have any other investment project, I start paying off some debt! For the occasion, I use a 1 000$ of my margin at 4.25$ to pay off my 10 000$ credit line the one at 7.27%. I currently have something like 7 850$ left to pay on it. I made a self-contribution of more than 1 000$. For the first time of my investment life (since 2005)..., I use my saving to pay off some debt and for nothing else. I would like to pay off completely that credit line at 7.27%. It will increase my net worth value and leave a 67$ in my pocket. This 67$ or so is the minimum monthly payment required on my 10 000$ credit line.

Among other, I had been receiving voting package after voting package for all the companies I hold. And I didn’t even received them all yet. Many reading on the way, many votes needed to be done. But the most important vote will be the one done on May 2, Election Day in Canada! No anticipated vote for me. I will vote on the DAY. The day of May 2, the day where real Canadians, people of the country, will vote for their new leader. And no, Quebeckers shouldn’t be giving the right to vote. Quebec cheaters and liars, people of the evil forces hide behind Bloc Quebecois Gilles Duceppe. A shame for the Canadian nation. In the meantime, while waiting for justice to be done, I will be counting my money, meaning I will update my portfolio value. The 200 000$ in asset is not that far away. Be ready.


Causalien said...

Good job.

Sunny said...


Anonymous said...

I followed your blog and invested with PHS.U with good return within 2 weeks. Keep it up of your good work.....

The Dividend Ninja said...

Now that's something to boast about :) Good job!

Foubrak said...

If you don't mind me being a bit of a critic, your portfolio is extremely risky. The market hasn't experienced a correction yet. Think about it. If you've lost $4k so far, can you imagine how volatile your portfolio is if the market encounters a mere 10% correction?
You shouldn't say negative comments about Quebec and its people. That is just judgmental. As some posters said, just leave the place if you ain't happy there.

Sunny said...

Hi Dividend Ninja,

the dividend income is increasing. It's getting interesting.

Hi Foubrak,

I always enjoy other people point of view but I don't agree with you. With the same kind of diversification, I went through the 2008 stock market crash. My way to invest had stay the same since that time. Diversification, asset location and not investing too much in the same company are my gold rules that I had stick to since I start investing in 2005.

If the market crash, of course, my portfolio will follow the crash. I can support a 30% loss. So far, I always been able to get back on my feet following a stock market crash. Which mean that I gain money instead of loosing since I began investing in 2005.

My investment history is short, 2005 to present, but don't forget the events of the past couple years been a compensate of a Great Depression among other. I had been able to go through without major problems.

I accept the eventually of loosing money on a short run, but on the long term, I think I can win. And I am in for the long term, not short term. Just to say that I live and support the risk well. It's all about being diversified and being able to "take it" in case of another market crash. I am ready at anytime. I would be waiting.

If reactions are so strong regarding my comments to Quebec society, its just another proof that I am right in everything I am posting here on this blog. Take it or don't read it.

Sunny said...

Hi Anonymous... yeah, I know... My PHS.U is very good :0)

Lucky are you to learn about it for free on my blog.


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