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Friday, March 30, 2012

Jean-François Tardif is FINALLY back in the game! Part 2

IT’S BEEN 3 LONG YEARSSSSSSSSSS. But hey, we’ll say that it had worth waiting later on when we’ll be cashing the big bucks on the back of Jean-François Tardif!!! 


Some people wrote in the previous post comment that my idea of investing in the JFT Strategies Fund is silly... as usual, I am being stupid blablaba... Well, guess what, my little bunch of HATERS. During his years spent at Sprott Asset Management, in 2008-2009, in the middle of the biggest financial mess, Jean-François Tardif brought the Sprott Opportunities Hedge Fund L.P. to the hedge. 

Ok, this is confusing...

On the First Asset Investment Management Inc. Web site, the JFT Strategies Fund is being introduced as a hedge fund, but it’s not the case. I just finish my call with TD Waterhouse. The JFT Strategies Fund is a Trust Unit, and not a hedge fund. The TD rep could see the JFT Strategies Fund in his system, but he couldn’t tell me more about the minimum amount required to participate at this initial public offering.

I had tried to push the investigation and called First Asset Investment Management Inc., but the beautiful male voice hangs up on me... So nothing much more now regarding the JFT Strategies Fund. Maybe sometime next week. 

While waiting, check on those beautiful flowers.... SPRING is here :)

Thursday, March 29, 2012

Jean-François Tardif is FINALLY back in the game!

Yeah, yeah, you are reading right.  

This is so exciting! The Globe and Mail reported that THE Jean-François Tardif has been hired by First Asset Investment Management Inc. to manage a new hedge fund, the JFT Strategies Fund. Of course, JFT stands for Jean-François Tardif. 

I find it just strange that he’s not managing his fund under his own company, Timelo Investment Management Inc. but hey, what the heck. JEAN-FRANÇOIS IS BACK. The JFT Strategies Fund has filed for a public offering. The units are set at 10$ each – really reasonable. However, there’s no mention of the amount of the minimum investment amount. However, at a price per unit of 10$, we can easily imagine that the minimum required will be quite low. If, like me, you are with TD Waterhouse, YOU ARE IN THE GAME. Want to take part in the initial public offering, JUST LIKE ME? LOL... 

Don't worry, you can with CIBC, National Bank Financial Inc., RBC Capital Markets, TD Securities Inc., Scotia Capital Inc., Canaccord Genuity Corp., GMP Securities L.P., Raymond James Ltd., Desjardins Securities Inc., Dundee Securities Ltd. and Macquarie Private Wealth Inc. 


This is the ultimate chance to make a great deal of money on the back of a man that I consider of confidence. Great news isn’t? But what is the minimum investment required to participate in the initial public offering of JFT Strategies Fund? If you are with TD Waterhouse, JUST LIKE ME, you have to call the 1-800-461-3863 between 8 AM and 5 PM to find out. I am going to call tomorrow. 


Wednesday, March 28, 2012

What's up baby

My TSX went down of more than 100 points today... My non-registered portfolio is currently at 124 274.34$. Not too bad. I would like to see things get more stable. The stock market is not about to lose its extreme volatility anytime some. So far for 2012, my dividend income is exceeding the 1 700$.

I had set up my banking account for my home business. I got one assignment so far. I done for about 300$ of work last week, but I work like crazy. I should receive more certainly by the end of the week. While waiting, I try to do all of those little things that need to be done, but it’s not easy. I have to come with some Web site content in both French and English, I need to have the English content be proofread – because you know, me and English is like firework... I need to search for new customers... I also need to apply for my tax number.

I had previous experience as a freelancer. Being a freelancer is not easy. While being in Montreal, I had an evening job from 4 to midnight in a call center. I had the whole day to work on my stuff or seek for contracts. I also had a survey job during the weekend. I was doing a nice living, I had no money problem, I was doing more than what needed for my living, it allowed me to invest for my portfolio, etc. The whole situation was certainly chaotic with all that work-work-work, but I didn’t mind. I had no money problem. And I was living in the beautiful Mont-Royal, not far away from the Lafontaine Park and all other beauties of the Plateau.

However, I didn’t like the in-deep Quebec, its politic, the non-access to health care and the high income taxes, among other.

But my whole existence took a different path when I moved back to New Brunswick in September 2011. I was promised a full-time permanent position. However, I had been laid off beginning of March 2012. The reason? Lack of financial resources. What the heck.

I was lucky to meet my local New Brunswick MLT. The MLT was extra nice to me. I was able to go through the whole work situation and the circumstances of my laid off. And the MLT opinion was about the same as for the lawyers that I spoke too so far. I was happily surprised because at first, i wasn’t expecting much from a politician LOL (Laid off or not, there’s thing that will NEVER EVER change OK).

Next step for me is to email to my local Federal Deputy. I hope for a meeting as well. So yeah, the Dividend Girl is talking to a bunch of politicians. But why am I doing so?

Why? Because my workplace had received thousands and thousands of dollars from the government, the federal one especially. Close to or more than 1 million bucks. My taught is: EVERYONE in position of authority need to know. And trust me, everyone will know when I will be done with this. As you can imagine, it’s taking a lot of my time. But now that I am laid off, I don’t have anything better to do: complaint and blog, do business, check out on my portfolio. DO BUSINESS LOL.

Problem being, money had been spend around without any respect. Salaries had been raised when they shouldn’t, and money had been invested in piece of software when they shouldn’t. A bad management is the reason of all this. And when I will be done, their ignorance will just explode on their F face! YOUYOU. You'll regret the day you were born! :)

Myself, with my business, I could spend thousands and thousands on all kind of software and other. But I start slowly. I can use free online resources BEFORE spending money. I plan to only invest if I can, and only on money I would have made on the famous business. At my current 300$, I had have enough to cover one software I bought at 120$. I have enough for my domain address and also to cover the cost of the English proofreading Web site content, and also to buy a nice template... the rest is peanuts, but enough to pay some coffees. I don’t like to be working from home, in my tiny bedroom like ALL DAY LONG.   

That’s pretty much what’s going on right now.

I run around for jobs. But I am not expecting anything. Some parts of New Brunswick are a dead zone. It’s the most area to be living in while facing a laid off. Because there’s no job and a lot of corruption. It’s a game of power and corruption, basically. And no one is really paying the price of that, if not the victims themselves.

The overall scheme is not too bad. I need 400$-500$ or 600$ for my basic living expenses. On top of that, the minimum payment on my debt is about 300$. With my dividend income + online earnings + freelance contracts, I can make a holly bunch of money, it’s just a matter of getting the thing started.


Friday, March 23, 2012

Am I idiot enough to become rich?

My non-registered portfolio closed today session at 124 223.21$. From my impression, it seem like the market is on its way for a situation a bit more stable than what we had used for the past couple of months. While being under that impression, I decided to withdraw 2k from my margin account and apply the money on my 10k value credit line at 7.52%. I apply on it 1k coming from my own money, for a total of 3k. The balance left on my credit line is now about only 2k. In 2-3 months, I will be able to pay it all.

I got that 10k credit line (7.52%) at the RBC Royal Bank a couple of years ago. Since the opening, the interest rate never changed, it’s always been 7.52%. But that’s soon going to change.

This week, I received a letter from RBC Royal Bank saying that starting May 1th, 2012, my interest rate will be increase from 7.52% to 10.52%, which represent an increase of 3%! Knowing the economic situation we are in right now, I was very surprise about this increase. How it work with credit interest rate generally speaking, the interest increase when the prime rate increase.

When the economic situation is chaotic, interest rate remains low. So I knew for sure that there was no change regarding the prime rate. So what I did, I gave a call to RBC Royal Bank. I asked the representative why I was facing an increase on my interest rate.

First of all, my account is in good standard. I never missed one single payment on my credit line and my whole RBC account is in good standard.

I confirm with the RBC representative: the prime rate didn’t change.

So why RBC Royal Bank is increasing my credit line from 7.52% to 10.52%?

There’s no reason why, basically, behind this increase.

RBC just wants to make more money on my back, that’s really all. But that’s not going to happen. I will be able to completely pay off my credit line before the month of May.

I wasn’t happy and I requested no change on my credit line. In order to do so, to keep my old 7.52%, the only solution for the representative was to perform a credit evaluation. I refuse and asked to speak to a supervisor. The supervisor took my complaint, but he couldn’t do much. I had to go under a credit evaluation to keep something that I had been giving to be a while ago.

I find that system very stupid. I refuse to go through a credit evaluation to keep my 7.52%. I won’t be doing more business with RBC Royal Bank NEVER EVER AGAIN. My account ALWAYS been in good standard at the RBC. There’s no reason why I should go another credit evaluation. People at the RBC Royal Bank are a bunch of little jerks. That vice-president Goyers is a piece a s**t.

I had placed my complaint to RBC on March 20.

March 20, 2012 is a date to be remembered. Not because of the complaint I place with RBC Royal Bank, but because it’s on that date that I became a small business owner! That’s right... Like the Rebecca MacDonald and the Ronnie Seterdahl Negus that we found out there, I am now.., a woman entrepreneur, but without the millions and the men ;)

I cannot use my regular banking account for my “business” lol because I have a business name you see. So basically, RBC Royal Bank wasn’t interested in resolving my problem so consequences, I didn’t open my commercial banking account with them. Instead, I call the Caisse populaire. It’s much more affordable. I can have an account per operation to start with, which mean no business, no banking fee. I have my business name, my business registration number (NE). On Monday, I will get the banking account and following what, I will fill out the form to receive my tax number.

And oh surprise, I already find work. Nothing substantial, but it’s a good start. I prefer to work at a lower salary than not working at all. And it’s giving me an experience and it keeps me busy. I cannot say I already have a lot of experience in what I am doing... I prefer to just accept whatever presents to me. And this one was an easy one... I like it when it's easy. :)

You won’t see me spending hundreds or even thousands in publicity or marketing, that’s for sure. But it’s not what the CBDC would like to see me doing. I went to my local CBDC. They have a program for self-employed to start a business while received unemployment. They can provide as much as 50 weeks on unemployment.

Let say I am being approve to received 40 weeks of unemployment, the program will give me 10 extra weeks. However, for the extra weeks, the CBDC only give away 250$, which I find very cheap. And on top of that, the CBDC request a credit check – and that being just to received a 250$ for a few weeks!!! This must be a joke right? No, it's not, sadly. I don't like to be treated like a stupid hot chick.

Nothing much is being done in New Brunswick to help youth. Bernard Valcourt is A FOOL and he’s a one eye man. Harper government S**K LIKE HELL. The Atlantic Canada Opportunities Agency? WHO GIVE A DAMN. I will do without. F U Stephen Haper government!

Like always, I will go the Dividend Girl way style and just like always, it will be JUST FINE. I have the HELL of a good investment portfolio.What I have done to be such of a good investor?


I don’t plan to stay in New Brunswick for very long. The CBDC can also provide a loan, but just to present a request for a loan, I need to pay 75$! **AND THE DATING SCENE IS HORRIBLE IN NB!**

Applying for a loan at the bank is FREE. Why CBDCs are requesting a fee for a simple loan request? That's really stupid.

Why? BECAUSE IT’S ALL ABOUT MONEY and only a bunch of super retarded people work at the CBDC, a real bunch of dummies.

And the loan by itself is really not interesting. The max available is 20k. There’s no interest charge on the first year, BUT, a payment of 100$ per month is requested... IT DOESN’T MAKE ANY SENSE. Interest charge begins on the second year. The interest rate is quite high, close to 7%. It doesn’t worth it to get involve with CBDC credit check, fees and stuff. I would have proceed with a request if the loan rate would have been of something like 5%. Higher than that, no thank you, I am not interested.

I am not receiving any kind of help and I don’t need any. I don’t even have a place to print my résumé for free. The Conservative New Brunswick government may think they are doing a great job, but they really not. No support, no service, no public transportation (Acadian Line bus transportation service had been on strike forever now....). I mean come on! New Brunswick Conservative government is hurting the citizens really badly. People of the CBDC, people of the government are just SITTING ON THEIR A*S, doing nothing at all. CBDCs should be completely eliminated. There’s no true services, no true willingness to help and to assist.

I am waiting until the end of April and after what I get the HELL out of here. Why I am not leaving now? Well, I plan to fill a small claim against my employer. I had been laid off because of their financial difficulties. Can you tell me why I was hiring back in September if you had financial difficulties? Like COME ON. My case is so good, I had spoke with several lawyers and I could get 15k, if not get up to 30k in compensation, but certainly a 15k. AND I WILL FIGHT UNTIL THE END and get my big bucks. I cannot wait for Monday to come. Just watch me going.

I am not running after trouble, it’s just that trouble LOVE me. KIND OF A LOT.

Between my portfolio management, small claim procedure, small business opening, and me working on the Web well, in the between, yeah, I had been busy. And oh, I sometime drink.

And here Derek Foster coming on today with a newsletter title: Any idiot can be rich! Ah yeah? Are you sure, Derek Foster?


I wish I am idiot enough to be rich. I WISH. $$$

Maybe I am after all. What do you think? 

I am idiot, but I am not idiot enough to stay in New Brunswick.


Happy $$$ weekend. 

Monday, March 19, 2012

New investments for my non-registered portfolio

My non-registered portfolio seems to have close the day at a very good 126 050.70$.

Now that I am freshly laid off, I spend my days sleeping in late, going to bed late, and sometime drinking wine and beer in the between. Being laid off is really not bad at all.

Other than drinking, I did apply for some jobs online. I found a couple of offers that could be of an interest. I also wrote some articles on HubPages, but nothing really consistent. With spring coming ahead, I would like to visit my bro in Ottawa and check on if I can find anything there. I would like to see the Ottawa tulips more than actually getting a job there, actually.

Right now, my biggest challenge and what I have to be more alert on is setting up a working schedule to become more efficient. And I also have to exercise, which I haven’t done quite often these last couple days.

I have been checking on my stocks too. Everything is pretty much under control. Some readers around here said to pay off my debt and to invest only once the stock market will crash. To that, I would be surprise to face a stock market correction. My taught is that the stock market already been corrected ENOUGH. Investing in US stocks is a good idea, but with my margin account situation, it would be too risky to have my non-registered portfolio split between my Canadian and US account. It’s unfortunate, but my margin account makes it almost impossible for me to invest more in US dollars. That situation doesn’t bother me at all. I am happy to have a strong margin account so I can pay off my 10k credit line at 7.52%. I made a deposit of 1k last week. If I make another 1k deposit on the credit line. If I proceed with another 1k deposit, I will be down to 4k left to pay.

I found a couple cool stocks I could eventually invest it:

Brookfield Real Estate Services Inc. (BRE)
iShares U.S. High Yield Bond Index Fund (CAD-Hedged) (XHY)
Bell Aliant Inc. (BA)
AltaGAs Ltd. (ALA)
RioCan Real Estate Investment Trust (REI.UN

I found ALA and REI.UN on Susan Brunner blog. As for BRE, I don’t remember if it’s from Susan blog, but I knew that one before. I also had BA in my portfolio a little way back, it could make a return in my portfolio, eventually.

iShares U.S. High Yield Bond Index Fund (CAD-Hedged) (XHY) is a stable stock offering a great dividend yield at the same. I like it.

Nothing much other than that if its not that even while not working, my portfolio grow, grow and grow.

Saturday, March 17, 2012

Investment portfolio restructuration is on its way

At this time, I really like what I have as portfolio, but with a few exceptions. The Maple Group acquisition of TMX Group (X) will probably go through, maybe not by the end of March, but still, it seems to be on its way. When the deal finally closed and completed, I will earn some big bucks. In case of such eventuality, I need to prepare and find some quality stocks to invest in and that’s really not easy. I need a quality stock that will both support my margin account situation and my dividend income. The task is certainly difficult, but not impossible.

Among all of the investments I hold, I would like to be able to sell at profit Kinross Gold Corp (K), First Majestic Silver Corp (FR), Sprott Physical Silver Trust ET (PSLV) and Sprott Physical Silver Trust UTS (PHS.U). A little way back, I had been able to reduce my position in Rogers Sugar Inc. (RSI) and Colabor Group Inc. (GCL). I would like to the same thing, but in better. Currently, stuff like K, FR, PSLV and PHS.U are not paying any dividend. What I would like to do is to sell at profit those investments and reinvest in some high quality dividend stocks. To do so, I need to: sell at profit K, FR, PSLV and PHS.U and than reinvested. And after what, the only problem being that I have to find those quality stocks and I am not in a rush to sell K, FR, PSLV and PHS.U, but it’s eventually something I would like to care of. And I am not in any rush at all to restructure my portfolio in order to increase my dividend income. And there’re many reasons for that.

Before selling any stocks and reinvested in any other things, I have think, primo, of reinvested in stocks that will have the same loan value – same of very close of being similar. And it’s not exactly an easy thing.

Wednesday, March 14, 2012

Making a living on dividend distribution: is the dream possible, like right now?

I had been quiet lately for several reasons. I had been laid off. And no, I won’t tell you more! I am looking forward at my options. I qualify for unemployment, so I will be applying for that soon. Where I am in New Brunswick, there are not too many jobs available in this desert of snow, I am in a little town and just to make things worst, Acadian Lines, the Maritime public transportation public, is on strike. This is helping a lot!

We’ll move on for now but I am really not stress. Want to know why? Ok, we’ll begin by checking over my budget and my monthly needs:

Minimum of the minimum living expenses:
Rent + Internet + other: 400$

Student Loan: 98$
RRSP Loan: 108$
Credit line: 50$
Credit card balance transfer: 30$
American Express at 0.99% for a year: 27$
Banking fees: 5.90$

Minimum debt payment total: 318.90$

TOTAL: 718.90$

The amount of 718.90$ over the minimum of the minimum, without car expenses, without any extra money to shop, no entertainment. But hey, I am the entertainment, right?

At this point, we know how much I have in debt, we know my net worth (84k), we know the value of my investment portfolio. But what about my dividend income? Can I support my minimum monthly expenses by relying on my dividend distribution?

Let’s check it out, without including any possible special dividend:

Non registered Investments:
Stocks and Units investment portfolio CAN$
Sprott Inc. (SII): 123.24$
Bank of Nova Scotia (BNS): 226.72$
Methanex Corporation (MX): 70.04$
Fortis Inc. (FTS): 129.60$
Pembina Pipeline Corporation (PPL): 714.48$
Just Energy Group Inc. (JE): 860.56$
Pengrowth Energy Corporation (PGF): 190.68$
Enbridge Income Fund Holdings Inc. (ENF): 416.64$
Corby Distilleries Limited (CDL.A): 68.40$
Davis + Henderson Corporation (DH): 264.12$
Premium Brands Holdings Corporation (PBH): 514.48$
EnCana Corporation (ECA): 164.80$
iShares S&P/TSX Capped REIT Index (XRE): 113.96$
Horizons Gold Yield Fund (HGY.UN): 192.70$
Canfor Pulp Products Inc. (CFX): 108$
New Flyer Industries Inc. (NFI): 179.71$
Exchange Income Corporation (EIF): 511.92$
Rogers Sugar Inc. (RSI): 31.96$
Student Transportation (STB): 117.02$
Colabor Group Inc. (GCL): 107.60$
TMX Group Inc. (X): 163.20$
Data Group Inc. (DGI): 443.88$
K-Bro Linen Inc. (KBL): 110.40$
Westshore Terminals Invest Corp (WTE.UN): 210.89$
WesternOne Equity Income Fund (WEQ.UN): 228$
Atlantic Power Corp (ATP): 267.26$
Kinross Gold Corp (K): 24$
TransCanada Corp (TRP): 44$
Canadian National Railway Co (CNR): 45$
Firm Capital Mortgage Investment Corporation (FC): 37.44$
Sprott Strategic Fixed Income Fund (SFI.UN): 30$
Enbridge Inc. (ENB): 31.696$
Agrium Inc. (AGU): 6.30$
Canadian Utilities Limited (CU): 37.21$
Veresen Inc. (VSN): 65.736$
Crescent Point Energy Corp. (CPG): 60.72$
Chorus Aviation Inc. (CHR.B): 90$

TOTAL: 7 007.76$

I am missing less than 200$ per month before being able to “live” from my dividend income. I am in position to reinvest so I can increase my dividend income. And I could do so without too much trouble, without risking my margin account situation.

By the end of March, we should know if the Maple Group deal goes through. If it work out, each and single of my TMX Group Inc. (X) stocks will give me 50$ in cold cash. Once the transaction completed and the cash received, I could reinvest in a quality dividend stock.

Also, I hold close to 4k in First Majestic Silver Corp (FR). Fr is a good stock, but it doesn’t pay any dividend. Once I can make a little profit out of it, I will be selling FR and reinvested in a dividend stock.

What I hold in my TFSA and in my US account could be review. Just there, I could easily increase my dividend income.

However, there’s a catch. I should not reinvest in stocks that offer a super high dividend yield. I need to invest in a quality stock offering something like 7% in dividend yield. I should not consider investing in a stock offering like 10% and up in dividend yield. See what I mean? I need to keep a balance and what I will be investing next need to be of quality and the dividend yield need to be reliable and reasonable. And that can be tricky! I may check out Susan Brunner blog to search for quality stuff. I need to do my search. But for now, no rush, no need to sell overnight. I know how to deal with those kinds of things. I am a real New Brunswicker if you see what mean. So stay tune.

By the way, go check my Twitter account: Jully Black herself has read the Dividend Girl! (check out my Twitter account on the right column). After Raymi the Minx, now it’s Jully Black.

I am laid off, but I am a... superstar.

Or kind of. lol :)))))

My investment portfolio value on date of March 13, 2012

Savings: 543.08$

Non registered Investments:
Stocks and Units investment portfolio CAN$
Sprott Inc. (SII): 6 378$
Timminco (TIM): 1$
Blue Note Mining (BNT): 20$
Bank of Nova Scotia (BNS): 5 897$
Hanwei Energy Services (HE): 30$
Methanex Corporation (MX): 3 322$
Fortis Inc. (FTS): 3 582$
Pembina Pipeline Corporation (PPL): 12 870$
Just Energy Group Inc. (JE): 9 318$
Pengrowth Energy Corporation (PGF): 2 222$
Enbridge Income Fund Holdings Inc. (ENF): 7 577$
Corby Distilleries Limited (CDL.A): 1 813$
Davis + Henderson Corporation (DH): 3 945$
Premium Brands Holdings Corporation (PBH): 7 517$
EnCana Corporation (ECA): 4 054$
iShares S&P/TSX Capped REIT Index (XRE): 2 524$
Horizons Gold Yield Fund (HGY): 1 988$
Canfor Pulp Products Inc. (CFX): 1 485$
New Flyer Industries Inc. (NFI): 1 654$
Exchange Income Corporation (EIF): 7 786$
Rogers Sugar Inc. (RSI): 530$
Student Transportation (STB): 1 448$
Colabor Group Inc. (GCL): 1 120$
TMX Group Inc. (X): 4 412$
Data Group Inc. (DGI): 3 692$
K-Bro Linen Inc. (KBL): 2 192$
Westshore Terminals Invest Corp (WTE.UN): 4 931$
WesternOne Equity Income Fund (WEQ.UN): 2 797$
Atlantic Power Corp (ATP): 3 297$
First Majestic Silver Corp (FR): 3 638$
Kinross Gold Corp (K): 1 560$
TransCanada Corp (TRP): 1 112$
Canadian National Railway Co (CNR): 2 329$
Firm Capital Mortgage Investment Corporation (FC): 538$
Sprott Strategic Fixed Income Fund (SFI.UN): 462$
Enbridge Inc. (ENB): 1 085$
Agrium Inc. (AGU): 2 141$
Canadian Utilities Limited (CU): 1 400$
Veresen Inc. (VSN): 1 011$
CHR.B: 531$

TOTAL: 125 213$

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): 2 214$
Cash: 4.12$

TOTAL: 2 218.12$

Tax-free savings account (TFSA)
EnerCare Inc. (ECI): 30$
Dumont Nickel Inc. (DNI): 1 898$
Sprott Physical Silver Trust UTS (PHS.U): 2 849$
Cash: 3.90$

TOTAL: 4 780.90$

RSP investment portfolio:
Sprott Canadian Equity Fund: 6 094$
Claymore Gold Bullion ETF (CGL): 5 046$
EnCana Corporation (ECA): 1 988$
Emera Incorporated (EMA): 7 508$
Sprott Physical Silver Trust UTS (PHS.U): 950$
Cash: 145.62$

CIBC Dividend Growth Fund: 564.99$
CIBC Emerging Markets Index Fund: 465.76$
CIBC Monthly Income Fund: 1 085.52$

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

GIC National Bank: 1 242.70$
GIC Plus TD: 500$

Maritime Life International Equity Fund
(Templeton): 622.35$
Manulife Simplicity Growth Portfolio: 902.11$
Maritime Life CI Harbour Seg Fund: 1 076.47$
Maritime Life Fidelity True North Seg Fund: 1 010.72$
Manulife GIF MLIA B World Invest: 646.42$

Great-West – various: 1 957,04$
Various other mutual funds: 675$

RBC Canadian Dividend Fund: 568.39$
RBC U.S. Mid-Cap Equity Fund C$: 2 133.67$
RBC Global Resources Fund: 1 080.49$
RBC O'Shaughnessy International Equity Fund: 589.13$
RBC O'Shaughnessy All-Canadian Equity
Fund: 1 216.63$
RBC Global Precious Metals Fund: 833.04$

TOTAL: 39 981.41$

Social Capital at Desjardins Membership share: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
172 835.09$

Tuesday, March 13, 2012

My deb situation on date of March 13, 2012

8 232.30$ at a low interest rate of 4.75% (RRSP credit line rates) = 391.03$ in annual interest

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

7 735.29$ on a credit card at a low interest rate of 2.9% (result of a credit card balance transfer) = 224.32$ in annual interest

6 924.05$ at low interest rate loan at 5.50% (student loan) = 380.82$ in annual interest

5 000$ at 8.75% (credit line) = 437.50$ in annual interest PAID OFF

6 296.88$ at 7.52% (credit line rates) = 473.53$ in annual interest

54 331.42$ at a low interest rates of 4.25% (margin money coming from my broker account): =
2 309.09$ in annual interest

935.41$ at 0.99% for a year (with American Express) = 9.26$ 

TOTAL: 89 354.85$

TOTAL in annual interest: 3 984.05$
[In date of March 13, 2012]

Sunday, March 11, 2012

My investment portfolio review

Over the years, I have accumulated new investments after new investments, whenever I could. Among the way, I certainly made some mistakes, but I also invested in some very good high quality stocks. I wanted to post a review of my very good, so-so and not recommended stocks. You could be tempted to think that everything I hold is extra good, but it’s not exactly the case.

So there you go, here’s the ranking (they are not post in term of preference, just in term of good investments, so-so ones and the I-don’t-recommend):

The very good investments that I would recommend to anyone

K-Bro Linen Inc. (KBL)
Westshore Terminals Invest Corp (WTE.UN)
WesternOne Equity Income Fund (WEQ.UN)
Atlantic Power Corp (ATP)
First Majestic Silver Corp (FR)
TransCanada Corp (TRP)
Canadian National Railway Co (CNR)
Firm Capital Mortgage Investment Corporation (FC)
Sprott Strategic Fixed Income Fund (SFI.UN)
Enbridge Inc. (ENB)
Agrium Inc. (AGU)
Canadian Utilities Limited (CU)
Veresen Inc. (VSN)
Bank of Nova Scotia (BNS)
Methanex Corporation (MX)
Fortis Inc. (FTS)
Pembina Pipeline Corporation (PPL)
Just Energy Group Inc. (JE)
Pengrowth Energy Corporation (PGF)
Enbridge Income Fund Holdings Inc. (ENF)
Corby Distilleries Limited (CDL.A)
Davis + Henderson Corporation (DH)
Premium Brands Holdings Corporation (PBH)
EnerCare Inc. (ECI)
Dumont Nickel Inc. (DNI)
iShares S&P/TSX Capped REIT Index (XRE)
Horizons Gold Yield Fund (HGY.UN)
Canfor Pulp Products Inc. (CFX)
Exchange Income Corporation (EIF)
Student Transportation (STB)
TMX Group Inc. (X)
Claymore Gold Bullion ETF (CGL)
Emera Incorporated (EMA)

The so-so investments

Sprott Inc. (SII)
RBC Canadian Dividend Fund
RBC U.S. Mid-Cap Equity Fund C$
RBC Global Resources Fund
RBC O'Shaughnessy All-Canadian Equity Fund
RBC Global Precious Metals Fund
CIBC Dividend Growth Fund
CIBC Emerging Markets Index Fund
CIBC Monthly Income Fund
Sprott Canadian Equity Fund
Sprott Physical Silver Trust ET (PSLV)
Sprott Physical Silver Trust UTS (PHS.U)
Energy and Base Metals Term Savings (Indexed term savings)
Natural Resources Term Savings (Indexed term savings)
GIC National Bank

The investments I hold that don’t worth to be hold

Data Group Inc. (DGI)
RBC O'Shaughnessy International Equity Fund
Timminco (TIM)
Blue Note Mining (BNT)
Hanwei Energy Services (HE)
EnCana Corporation (ECA)
New Flyer Industries Inc. (NFI)
Rogers Sugar Inc. (RSI)
Colabor Group Inc. (GCL)
Maritime Life International Equity Fund (Templeton)
Manulife Simplicity Growth Portfolio
Maritime Life CI Harbour Seg Fund
Maritime Life Fidelity True North Seg Fund
Manulife GIF MLIA B World Invest
Kinross Gold Corp (K)

DNI Metals Inc. (DNI) is experiencing massive grow

2011 had been a great year for DNI Metals Inc. (DNI), but it looks like 2012 is going to be even better. In 2012, DNI has joined the TSX Venture 50. Since 2009, my investment value in DNI almost triple. 2009 and 2010 were death years, I was holding, but the investment remains at the same point, without experiencing any grow. Things began to change in 2011.

So far, 2012 had been an excellent year for DNI. The 52 week high is of 0.74$. And with the recent developments, DNI Metals Inc. (DNI) is on good track to experiment even more grows. At this time, it’s not a good timing to sell. I always hold DNI thinking that could eventually cash big on the company, for whatever reason.

Nickel is not gold or silver, it doesn’t have the same value, it is not a precious metal. However, it’s a metal. As emerging countries “emerge” even more lol... the demand for metals, including nickels, increased and that make nickel worth something, not as much as gold or silver, but still, it worth something. And nickel certainly worth something because as you know, I almost triple my investment in DNI Metals Inc. (DNI).

On March 1th, DNI Metals Inc. (DNI) announced it has discovered “rare earth elements” and had come out with some statistical results and so on. And really, it gave me a good impression.

I am quite happy with my decision to hold at this time.


Wednesday, March 7, 2012

Welcome in my stock investment portfolio Chorus Aviation Inc. (CHR.B)!

I didn’t perform day trading on Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) today. It’s not anytime soon that I will be winning the day trading game. At this point, the hot stock market is all upside down. Performing some trades in the hope to sell on the exact same day is a real bad idea. It barely made any sense at all. However, I did proceed with 2 investment moves today in my personal investment portfolio: Chorus Aviation Inc. (CHR.B) and First Majestic Silver Corp (FR).

A reader had introduced me to Chorus Aviation Inc. (CHR.B) a little while back. It caught my attention again today while gaining close to 5%, closing the session at 3.35$. Chorus Aviation Inc. (CHR.B) had reported a good financial situation for 2011. It’s partly why I decided to invest in CHR.B. Also, Chorus Aviation Inc. (CHR.B) is based in Halifax it’s a Maritime stock. I invested about 500$ on this one, not more. I wouldn’t feel comfortable investing more. The title is a bit volatile, but at 3.35$, I didn’t have anything to lose. CHR.B pays a quarterly dividend. Its dividend yield is of 18.692%, 0.60$ annually per share. This makes me kind of remember Yellow Media Inc. (YLO), low stock price, super value dividend stocks. However, CHR.B is in much better shape than YLO. I wouldn’t recommend to anyone to invest thousands of dollars in CHR.B, but just a 500$, it’s cool, you can certainly go ahead with a cutty 500$ investment, but not more. I plan to keep CHR.B in my personal investment portfolio.

Also today... ok, I must admit I did try to perform day trading tactics today, but not on HZD, on one of my favorite of all time: First Majestic Silver Corp (FR). I invested in a few shares at 18.40$, I was hoping for FR to hit the 19$ today... but as the hours passed by, I was getting tired, so I just entered an automatic sell order at 19$, and that was it. Following what, I will be done with day trading. But this time, it’s for real. I did say before that I wouldn’t be performing day trading again... and today well, I went back to it. It’s a real good thing that I didn’t invest in HZD today because I think FR is a better short-term investment company choice than HZD. Anyway, this was the real last day trading move like ever.

If the bankers can have good words for the global market conditions tomorrow, the TSX could gain points and I may be able to sell my FR at 19$ and, why not, 20$ per stock... Why not. I want this done and completed.

Eric Sprott among Canada’s top 25 billionaires

Forbes publishes its annual richest of the richest list and Eric Sprott of Sprott Inc. (SII) ex-CEO, the silver promoter guy, the one and only, is on the 17th position within Canada, and classified 1 075 worldwide.

Not too bad! Now, wait and see what will happen when Sprott of the Sprott Asset Management will finally launch his banking project.

Meet Reiko Mackenzie of The Real Housewives of Vancouver

Reiko Mackenzie is a Japanese-Canadian lady who had been selected to be part of the Real Housewives of Vancouver. The other jet-setting women are Christina Kiesel, Jody Claman, Mary Zilba, and Ronnie Seterdahl Negus.

The Real Housewives of Vancouver is the Canadian edition of the US hit TV reality show The Real Housewives. The popular TV show had followed the luxury housewives of several cities. Other than The Real Housewives of Vancouver, we find the Real Housewives of: Orange County, New York City, Atlanta, New Jersey, Beverly Hills and Miami.

She graduated from the University of British Columbia. She wanted to become a lawyer, but decided to focus on her family after she welcomed her first daughter.

She’s married to Sun Mackenzie, who has a criminal gangland murder trial and court history. In 2000, Sun Mackenzie, from his real name Sun News Lal filled legal papers to change his name for Sun Mackenzie. Reiko Mackenzie’s husband was considered a suspect in the 1994 murders of Jim and Ron Dosanjh, victims of a turf war between rival factions of a drug gang. Sun Mackenzie was acquitted of murder. In July 1998, Sun Mackenzie’s half-brother, Vinuse News MacKenzie, 27, was killed with a gunshot to the head. Two decades following the sad events, Reiko Mackenzie and Sun Mackenzie focus on their family. Reiko Mackenzie is the mother of two daughters.

Together, the couple owns a mansion valued at $3.5 million. Sun Mackenzie is a professional day trader.

With her husband, she owns nine luxury cars, including a Ferraris 599 GTO and 458 Italia valued together at $1 million.
Reiko Mackenzie likes to spend spare time studying mixed martial arts.

Tuesday, March 6, 2012

On how to make a few bucks by day trading Horizons BetaPro COMEX Silver Bear Plus ETF (HZD)

I had experimented day trading back in the summer of 2011 and I had lost about 1k with that experience because I freak out. For the first of my life, the market controlled me. I had lost control. I am certainly not proud about that but I wrote about this adventure anyway. I had catched up with a couple of other great move nicely and of course, I wrote about those too. Like I am not all that bad at all. If I would be very bad at investing, I would have stopped way back. But no matter what, it always went well. Fact that the value of my portfolio is down right now doesn’t affect me that much.

The timing is like perfect to perform day trading on Horizons BetaPro COMEX Silver Bear Plus ETF (HZD)!


The stock market is down right now and it come remain to the same level if not go even DEEPER. It’s in time like those that it’s time to perform day trading on silver. Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) + a down market is the PERFECT combination.

How to perform day trading on Horizons BetaPro COMEX Silver Bear Plus ETF (HZD)?

First, before the TSX opens, go check on what happen during the night for the Asian markets. It will give you a pulse of what’s going on. If those Asian indexes are down, chances are that our fantastic TSX will be down too. If it’s the case (Asian indexes are down), make sure you are in front of your computer for the market opening.

Secondly, watch the opening. Watch the TSX: is it up or down? If it’s down, go straight and check on HZD immediately. The market is very down and HZD is already exploding? Well, if it’s the case PLACE a small BUY order (just a few shares for the heck of it and get what I like to name as being a market buzz), but be careful, double check the buy order before submitting for real ok?

Following the BUY order, check out on HZD, see how the title goes, try to figure out the profit you want to make. Quickly set-up an automatic SELL order. You may have to adjust the amount of profit depending on how HZD goes during the day. You want to cancel the automatic sell order and enter a new amount? You can, but be careful. CANCEL, and after what, go in your account activity to check if the order go through, just to make sure. No order went through? Perfect! Just go back in, set-up a new automatic sell order for the amount wanted.

During the whole process, you need to be quick, efficient and extremely careful, specifically while entering the order. Also, I wouldn’t recommend to trade more than 1k at a time. Day trading isn’t made to make a living out of it... it’s just to get a MARKET BUZZ.

March 6, 2012 to be remembered as a Black Tuesday

I don’t know why the medias stress so much about the facts that in the US today, 10 States had voted for their Republican candidate. Who care about Republicans anyway? How can Americans vote for the Republican following the events of 2008? Republican is a party of shame. Back off Republicans! The best thing Americans can do to save their souls and the rest of the world at the same time is to vote massively for Barack Obama. There’s like no twenty options available.

My non-registered portfolio closed at a bit more than 119k. Tooo bad. I taught a solution had been found for Greece problems, but it seem like it’s not exactly the case. It’s so complicated!! However, I have faith things will get better. There’s way too much involved. There’re too many banker pigs involved. Lol. Pigs and bankers are definitively two things that just match like magic. Angela the German is like wearing all the weight of the Euro debt on her back basically... She’s so fascinating.

The market is really extra sensible to the Euro situation. Not too long ago, we had good jobs data coming from the US, things had improved a lot over there... but as soon as a bad news is being announced for Europe... watch out...

Those volatile times can be good for something I had experimented during the summer of 2011: day trading. Most of the time, when the stock market take a big hit like today, silver goes down. PHS.U, and other mining silver stocks react, most of the time, really negatively. Silver is sensible to what’s going on with the stock market.

Stuff like PHS.U and FR loss in value today, but as always, Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) reacts exactly the opposite way. And to tell you the true, the temptation is like way to high at this time for me to perform day trading on HZD. Greece won’t resolve all the problems overnight. We could be on a down market for a little while. The occasion is like way too much perfect to take advantage of the super high volatility of the market. Problem being, super high volatility = super high risk too. But the risk is calculated. Even without having Greece in the portrait, the stock market there’s always a lot of volatility we have to deal with. So my investment in HZD could always go up on a later date. And we’re not talking here about several thousands of dollars that I will be playing with, just a 1 000$, very big max. If I cannot sell at profit on the same day, I will be just holding, place an automatic sell order for X value per share... Fact is, I have all figured it out already!

Day traders, be ready for Horizons BetaPro COMEX Silver Bear Plus ETF (HZD). On a day like today, on which the TSX lost more than 200 points, HZD gain like 6%... And knowing that all this is due to Greece... And Greece won’t resolve its debt problem by tomorrow... TEMPTATION, TEMPTATION OF DAY TRADING AGAIN IS LIKE RIGHT HERE! ohhhhhh noooooooooooo!

LOL :)

Yeah yeah! So we’ll see how it goes, but I have a fatal attraction for HZD at this time... It’s going to be fun, I promise.

Saturday, March 3, 2012

Tips and tricks on how to manage a TFSA contribution while dealing with a margin account

The TSX losses close to 80 points yesterday. Despite all, my non-registered portfolio closed Friday session at a quite good 122 328$, exceeding the 120k by a 2 thousands, so I am happy.

I incorporated a margin into my non-registered account in somewhere in December 2011. At first, the plan was to use the margin money generated by the daily value of my holding to pay off some credit lines. I did so, but while having access to more than 50k of cold cash, I couldn’t resist the temptation. The money was there available for me and I could whatever I wanted with it. I don’t have an expensive taste for almost anything, but when it comes to investment, I do have an expensive taste and since I enjoy investing, having access to a 50k was just a too rough temptation. So I did what I shouldn’t do, I invest on money that isn’t mine.

February 29 was the last day to contribute to a RRSP. I usually make a RRSP contribution every single year but this year, I didn’t have anything ready and when I learned that taxes needed to be paid at the time of the withdraw, even as being a senior citizen, I mean, I certainly found it was a complete government ripped off. It’s not the government who’s going to make me lose my paints.

I have more than 16k in contribution room available for my TFSA. While having a margin account, it’s very hard to fully take advantage of the TFSA. It’s all depends of course of the money you dispose to invest. Currently, I am only working at one job, and my salary is not very good. While dealing with a mix of factor, it can be quite tricky to make a TFSA contribution. However, I found my way out. I am going to teach you how you can take advantage of the TFSA even while having a margin account situation.

Having a margin account can be challenging. Investing real cold cash is already challenging enough, so imagine doing it with a margin account, with money that is borrow, money that is not really yours! I did what. I assume my position; I can say however I enjoyed the flexibility my margin provides. It allows me to pay off some debt. It also allows me to make new stocks acquisition. From December 2011 to today, I haven’t deal with any problems related to my margin account. However, I am totally aware of the risks. Problems can occur.

The margin account value varies on a daily trading basis. If your portfolio gains in value, the margin account will gain in value too. But if your stock loss value, your margin account will simply follow the flow. If your investment value loses so much, you could be on a margin call and could be requested to apply some cold cash in the margin account to equilibrate the whole thing. Brokers are not making you any favor by giving you access to a margin account. It’s all business, they are there to make money and fully take advantage of retail investors like you and I. But it’s possible to make things happen. What you need to know to start with is that a margin account can be another source of stress, on top of the natural volatility of the market. While having a margin account, you need to have a big deal of high quality stocks to be able to survive the market volatility and go without a margin call. I am not exactly writing for or against a margin account situation, it’s a choice you have to make for yourself knowing the present factors. But what I am here for is to explain that even that while dealing with a margin account, you can still invest in a TFSA without too much trouble. It’s just a matter of how you are dealing with your money and of course, I am here to explain it all, one more time.

I guess you really want to know what’s the magic TFSA trick is all about right? Well, the hot stuff is coming.

The following is really easy to understand. While investing, let say 2k in Sprott Inc., that investment doesn’t worth 2k of direct margin money. The broker is giving a loan value to each and single investment you hold. Some stocks won’t have any loan value, and some will. The loan value can value from 0% to 70%. Generally speaking, the more of a stock loan value is higher, the more likely you’re dealing with a quality stock. TD Waterhouse clearly says it’s not the case, but the logic is telling me something else. The value loan of a stock could be a characteristic you may want take into account while picking a stock. But you shouldn’t ONLY rely on loan value to pick your stock.

Let’s say that, in the present time, you don’t have a significant amount of money to invest but you still want to take advantage of the TFSA, even while having a margin account situation in your non-registered portfolio. 

Well, good news: YOU CAN. And I am going to explain how it worked.

First of all, study the loan value of all the dividend stocks you hold in your margin account.

Target the lowest value ONLY.

In my case, my dividend stocks with the lowest loan value are:

Sprott Strategic Fixed Income Fund (SFI.UN)
Loan value: 117$

Firm Capital Mortgage Investment Corp (FC):
Loan value: 134$

Rogers Sugar Inc. (RSI)
Loan value: 269$

Colabor Group Inc.
Loan value: 277$

Secondly, target the higher dividend payer among the stocks who have the lowest loan value.

Sprott Strategic Fixed Income Fund (SFI.UN)
Loan value: 117$
Dividend yield: 6.43%

Firm Capital Mortgage Investment Corp (FC):
Loan value: 134$
Dividend yield: 6.97%

Rogers Sugar Inc. (RSI)
Loan value: 269$
Dividend yield: 5.91%

Colabor Group Inc.
Loan value: 277$
Dividend yield: 9.63%

Thirdly, target the investment with who you are experimenting a capital loss or very little in capital gain. Why? Because while proceeding with a contribution in kind from a margin non-registered account to a TFSA, you’ll have capital gain to pay on the amount you transferred in if you are currently experiencing capital gain with the specific investment.

Sprott Strategic Fixed Income Fund (SFI.UN)
Current value: 467$
Book value: 486.99$
Difference: -19.99$
Loan value: 117$
Dividend yield: 6.43%

Colabor Group Inc.
Current value: 1109$
Book value: 1161.60$
Difference: -52.60$
Loan value: 277$
Dividend yield: 9.63%

Rogers Sugar Inc. (RSI)
Current value: 539$
Book value: 523.72$
Difference: +15.28$
Loan value: 269$
Dividend yield: 5.91%

Firm Capital Mortgage Investment Corp (FC):
Current value: 536$
Book value: 510.79$
Difference: + 25.21$
Loan value: 134$
Dividend yield: 6.97%

You would like to transferred all of the investment selected though those steps into your TFSA?

We’ll see if it’s possible. Please calculate the loan value of all of the investments selected.   

Sprott Strategic Fixed Income Fund (SFI.UN)
Loan value: 117$


Colabor Group Inc.
Loan value: 277$


Rogers Sugar Inc. (RSI)
Loan value: 269$


Firm Capital Mortgage Investment Corp (FC):
Loan value: 134$

= 797$

In my case, the total of my loan value is 797$. The question you need to ask yourself is: do you have this X amount of money (in my case 797$) to inject in cold cash in your margin account? In my case, since this week is going to be pay night on Wednesday, my answer is YES. But what’s yours? If your answer is NO, you’ll have to select just a few investments. Again, calculated the loan value and asked yourself if you have that X amount in cold cash to inject in your margin account.

In my case, the investments selected are not stocks that grow. That’s why their loan value is so low. Low loan value = low amount of cold cash that need to be injected in the TFSA.

You MUST inject the amount of money in the margin account BEFORE proceeding to the contribution in kind into your TFSA. This is really important in order to keep the same amount of cash available in your margin account. Remember, a margin account situation is fragile, don’t ever think you can make your way easily with a margin account. Like never. A margin account is not financially healthy and it’s not easy to deal with.

At the end of this, I will contribute somewhere to close to 3k in my TFSA and all the dividends earn from Sprott Strategic Fixed Income Fund (SFI.UN), Colabor Group Inc., Rogers Sugar Inc. (RSI) and Firm Capital Mortgage Investment Corp (FC) are going to be free of tax, for an annual amount total of 432.32$.

Now, you know how to deal with a TFSA while having a margin account.

Thursday, March 1, 2012

Will Sprott Inc. (SII) pay a special dividend for 2012?

Things had been going well for my investment portfolio. My non-registered portfolio is exceeding the 122k mark. Sprott Inc. (SII) announced recently the acquisition of two small Calgary firms and that kind of bad because it could ruin the 2012 special dividend distribution. When it comes to Sprott Inc. (SII), I know what I am talking about. I had been holding Sprott Inc. (SII) stocks since its early beginning in 2008. Time is passing by sooooo fast, it’s fascinating. Can you imagine? The Dividend Girl and Sprott Inc. (SII) are celebrating 5 years of PURE MONEY LOVE. I really like that one, pure money love. The Dividend Girl, because life is all about pure money love and a bunch of other things. Alright now.

Every year or so, Sprott Inc. (SII) pays a special dividend and it can certainly worth it to own some Sprott Inc. (SII) stocks just for that annual special dividend. I currently own too much of Sprott Inc. (SII) stocks. As soon the stock hit the old 10$ per stock or so, I will be selling some stocks. I love Sprott, but my love comes with a balance. Or should I say, I try to keep it balance. And during that time, things had gone great in my money making.

Other than that, some of my stocks are just totally showing off how great of an investor I can be sometimes...

So far, I made a good capital gain of 114.96$ on Canadian Utilities Limited (CU) and I wasn’t expecting that. So far, CU was going a bit up, a bit down, but recently, it’s start to grow and BOUM, there you go a nice tinny and cute profit of 114.96$. Who look kind of smart now? PLEASE TELL ME. lol..

I also made a capital gain of 225.46$ on Agrium Inc. (AGU).

All this to say that investing in blue chips really worth it. At first, I wasn’t really happy about the idea of investing in blue chips because they pay so little in dividend. I mean, you invest thousands and thousands of dollars and in return, you get some peanuts. Well, I was wrong. At the beginning, you may received just some peanuts ok, but hold and wait because here’s the entire banana split coming... lol...
Meaning you received dividend, the dividend income grow overtime AND your investment value grow over time. So all those factors combine together, it brings a major A+ in your personal finance, that’s for sure.

The only reason why I invested in blue chips during the past few months was to bring extra value on my margin account. My efforts had paid off. I currently have 17k left on my margin account. I have paid off a 5k credit line and I put 4k on another one, bringing my margin value to 26k over a 122k portfolio worth. I mean it’s reasonable and good enough to cover if I get caught again in a stock market tragedy. Hit whenever you want stock market, I am already... or almost. Those things are soooo scary. I cannot say I am really ready to experiment another stock crash because it totally drain me to death. But as you can see, I am not dead; here am I, happily blogging. And guess what, the party only started...

I found an interesting stock from the Sprott family that may worth to write about: SIL, SCP and SPZ. Fact is, I wasn’t even aware of those stocks before me, the know it all about Sprott. You may want to look at them, but there charts are not really good, its showing sign of volatility, some of those never recover from the 2008 stocks. Anytime you see a chart going down down down after the 2008, that’s not good, just skip the stock.

Finally, all this to say that investing in blue chips like CU or AGU, among other, bring a lot more than some Dollorama stocks you may invest in just to get a stock market buzz. Now, I am aware of that and each time I feel the temptation of investing in stuff like SIL, SCP and SPZ, I think twice, I breath, I remember that I have a margin account, and I think of my silver stock picks like FR, PHS.U, PSLV...

I already played enough my money around. Time to get serious and stop wasting time and money.

You see what I mean?

And guys, you know where you can find me... I slowly began to sound as desperate as this guy and it's really funny. ;)

Thank you

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