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Thursday, May 3, 2012

Remember the name, remember the date: JFT Strategies Fund, May 18, 2012

When I am busy and I have a lot going on, I find it difficult to find some time for blogging. So I have a lot of catching up to do! Let’s start with the best part: my non-registered portfolio is exploding to a very great $125 446.95!! THAT’S A LOT OF CASH. I am beating my score of March 13, 2012 when I had reached my highest ever, $125 213.

Great dividend income of $709.77 for the month of April! I left the DRIP on my non-registered portfolio cancelled with no regrets, hoping to cash in big next month, well, actually, for this month, since we are already in May!! No sign of unemployment benefits still, but I received a call yesterday, I had been asked some questions regarding my job search (where I had applied, and what was my self-employed about...). I answered the questions and explained that the self-employed is more for extra money and a tentative to remove myself from unemployment. Luckily, I had noted all the places I had applied for a job. It helps me to name the job places where I made an application. Following what, I was cleared to go, I should know how much I will be receiving by the end of the week.

With less than $700 left in my banking account, I am slowly, but certainly desperately running out of cash. I am waiting for a cheque to come in regarding my small business. With my upcoming pay cheque and unemployment benefit that should come on in if not next week, the week after, I will make sure I leave enough cash in my banking account for a couple of months ahead, at least 6 months to a year. What I need directly in my banking account is not that much actually. It’s just to cover for my minimum automatic monthly payments (like loans). That minimum required is of $266, which make $1 596 per 6 months.

I am moving to Montreal really soon. I had found a place, I should know more by the end of the week.

Another exciting news: I had reached 100 000 views on HubPages! Thanks to Reiko MacKenzie, Christina Kiesel, Ronnie Seterdahl Negus, Jody Claman and Mary Zilba, the sweet b*tch*s of Desperate Housewives of Vancouver, my viewer counter had exploded! My blog had been read more than 315 000 times so far since 2007.

Hot gossip stuff. I know you cannot get enough. Thanks for reading this very great blog. :)

On May 18, I should get in the JFT Strategies Fund of the very fabulously sexy Jean-François Tardif. Here on the Dividend Girl, we’d been super fan of Jean-François Tardif since we started investing in Sprott in 2008. I place an order for a 2k investment in the JFT Strategies Fund and I cannot wait to see how it the fund will perform on the stock market. Following what, I pretty much have everything I ever wanted in my portfolio. If I can decrease my debt level in the next couple of months, pay off my RBC credit line, I should be alright. I will be more careful in the future now that I had experimented unemployment.

The reason why it happens to me is that I am too good for myself. See what I mean?


I may have my RBC credit line interest rate problem being resolved. I was at 7.52% before since the opening of the credit line, and currently I am at 10.52%, for no reason. So I am really hoping to get this resolve soon. I had the credit check and everything done 2 days ago. IT BETTER GET RESOLVE OR RBC IS GOING TO SEE WHAT HELL LOOK LIKE. haha.




unbalanced said...

I'm glad things are working out for you. I may not agree all the time with your thoughts, but I do enjoy reading about you. Keep it up.

Sunny said...


Sean said...

If you want to make money buy into Artis (AX.UN) PE is very low and pays a great distribution!

Anonymous said...

did u get facebook ipo? it starts trading may 18!

Anonymous said...

Sunny said...

Its seem that the Facebook IPO is not available through TD Waterhouse. I don't see it in the list of new issues. From what I read of that Bloomberg article, the issue will be available at the end of the month. Anyway, I already spent 2k in Jean-François Tardif new fund, I don't have that much money at this time to invest in Facebook and Tardif fund. I prefer Tardif on Facebook, but if I had money, I will be doing both... but you know, money can always been find... I will have to see :)

Sunny said...

Thanks Sean. That Artis (AX.UN) seem to be interesting. Good chart!

Anonymous said...

Globeadvisor: “After the initial public offering (IPO), these shares can only be bought or sold on a stock exchange. The share price usually decreases after the IPO because of the underwriting fees incurred to launch the fund. In fact, many CEFs (closed end funds) normally trade at a discount to their net asset value in part because they are not widely advertised to the investing public.” Globe and Mail: “A listed closed-end fund is similar but it trades on the stock market. And because it trades, the price of a share can vary from the share's net asset value. In fact, not only does the cost of the IPO erode the investment before it even starts trading, but the shares will almost always trade at a discount to that eroded value. IPO investors take it on the chin in two ways....Closed-end funds can be great investments after the IPO, when they've sunk to a fat discount. ou rarely lose when you buy dollars for, say, 75 cents. Just never buy them on an IPO. “ Cheers!! Anony-kibble-n-bits

Anonymous said...

no it will start trading next friday may 18, 2012. so if you don't get ipo price, you have to buy when the markets open. you should be in, this stock will easily double or triple.


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