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Saturday, February 2, 2013

Who are you Eugene Kaspersky?

I hit big in January for my dividend income in January with a nice $783.09. This is enough to cover half the cost for my living expenses, which is about $1 500 a month. I also earned a $123 from online for the month of January. The little amounts of money adding up, making it easier to save cash to invest even more. I received my first freelance assignment for 2013. I have to move faster because it’s already February and I haven’t try anything new regarding my freelance activities. I even haven’t try on getting a new something to work on.

For 2013, something I really want to work on is to be able to cover my living expenses with my dividend + freelance + online cash. It shouldn’t be too much difficult for me to reach this goal, especially now that my dividend now represents an interesting source of income. As for the online income, I have my blog and my HubPages articles. Now that I got rid of my winter flue and full of my usual energy, I am ready to push it a bit further. While getting ready, I am watching the beautiful stocks of my very wonderful portfolio.

Student Transportation (STB) is a stock that I had been holding for 2 years. I have invested a bit more than $1 300 in STB. The company value seems to be stable for now, but I prefer to secure my position while I can. Right now, I am doing a profit on STB, small, but still a profit. It’s a good time for me to do a move on the stock. I don’t feel comfortable with the amount currently invested in STB. I plan to partly sell my holding in Student Transportation (STB) and reinvest the money in something else.

Lately, I have been interesting in the following:

Cervus Equipment Corporation (CVL): a stock from Jean-François Tardif, the love of mine I began to have enough of.
Cineplex Inc. (CGX): a stock I had been thinking of investing in for a little while).
RioCan Real Estate Investment Trust (REI.UN): a more recent investment that catch my interest after reading about it on the Globe and Mail.

I am thinking of holding a bit of Cineplex Inc. (CGX), so it’s probably where the money will be added on sometime next week.

I don’t plan to sell my holding in JFT Strategies Fund (JFS.UN) for now. It’s just that I was hoping for quick big cash on the investment. For now, the situation is not catastrophic. Jean-François Tardif had come with some real good stocks like Healthlease Properties Real Estate Investment Trust (HLP.UN) and Cervus Equipment Corporation (CVL). JFS.UN units are trading at close to $10. I got my units at $10 each during the public offering. Patience is a virtue that I kind of have and lose sometime. Right now, between me and Jean-François Tardif, it’s tough love. I made a great profit on Healthlease Properties Real Estate Investment Trust (HLP.UN). I had been holding HLP.UN in my portfolio since October 2012.

My margin value is at more than 18k. In my portfolio, HLP.UN has a loan value of less than $300. I was thinking of transferring my HLP.UN units to my TFSA. I plan on doing so for Keg Royalties Income Fund (KEG.UN) and Sprott Strategic Fixed Income Fund (SFI.UN). All together, those investments have a loan value of something like $500. So what I plan to do is to transfer those inside my TFSA and add a $500 in cash to my margin account to compensate.

I don’t have much invested in my TFSA and I want to fix that.

I could even transfer my JFT Strategies Fund (JFS.UN) over my TFSA. Now could be a good timing because right now, I am not making a profit on JFS.UN. From my understanding, when you take a non-registered investment and transfer it to TFSA or RRSP, if you have made money on the investment since you had been holding it, you are going to have a capital gain that will be apply on the transfer. See what I mean?

Ok, let say that I had invested $500 on XYZ Inc. company and that now that same investment worth $1 000. If I want to now transfer XYZ Inc. in my TFSA, I will have a $500 capital gain to declared, on which I will be tax.

Right now, the profit made on KEG.UN and HLP.UN is not enormous. And on SFI.UN, I am not on a capital gain, but on a capital loss of a couple dollars. Now is the perfect timing to consider the TFSA. I will make my move soon.

My antivirus has expired. On my laptop, I had McFee, but I didn’t like it, I find it too heavy for my machine. I used to have Kaspersky Lab on my previous laptop and it worked very well. I usually buy my antivirus during Boxing Day but this year, I was on vacation in New Brunswick and the need to purchase an antivirus got out of my mind. My McFee licence got expired this week. Surfing the Web without an antivirus can be very dangerous – I know that at least. So today, I purchased my antivirus. I purchased it full price, $59.99 for one year. I didn’t have any choice.

While opening the CD box of Kaspersky Lab, I saw the picture of Eugene Kaspersky, the co-founder of Kaspersky Lab and the man caught my attention. A sexy Russian guy. His son got kidnapped in 2011, but he was found and released with no injuries. I found Eugene Kaspersky quite interesting. Now you know about him.


Bastian said...

You can get a free virus scanner (Avira Antivir) for your laptop (or switch to linux or mac os x), so you can save $59.99 every year :)
But anyway, thanks for the information about the Kaspersky guy :)

Sunny said...

Hi Bastian,l

I usually purchased my antivirus for the year during Boxing Day. At that time, Kaspersky Lab is usually less than $40, but this year, I was on vacation in New Brunswick and I forgot to buy a new antivirus.

I usually don't spend that much on Kaspersky.

I wouldn't feel secure with a free antivirus.

Anonymous said...

You don't need antivirus for if you are using Vista, or more version of MS products. Just turn on the Firewall. Save $59.99 for 7 years and buy a new laptop. Learn to save and learn to live.

Anonymous said...

Avira Free Antivirus is best antivirus software for bang for bucks (actually that ratio is infinity :D)

I have used it like ~10 years and have not had issues with viruses.

IT Professional from a very cold country

Anonymous said...

Hi Sunny,
May I have your opinion that I want to open an account to buy and sell stock, but I don't meet most bank's requirement to have 50K and get $9.90 per transaction lowering my cost. I am currently using BMO, but it costs me $29.90 each time. It is too high. Any good broker you think it will good for beginner and asset under 50K? thanks.

P.S. I quite enjoy reading your blog, write more...

Sunny said...

Good to know, but I prefer my Kaspersky.

Hi TW,

Try Questrade. You can trade at $4.95 with them and no requirement - but that have be check.

I feel more comfortable trading with a broker who's a bank too. At least, they know how rich I am and can than provide me with everything I need or almost.

TD had always treated me like a princess.

Anonymous said...

Hi TW,

I'm using Questrade. They are pretty cool with low trading fee ($4.95). From Feb 01, 2013, no fee to buy ETFs ($0). I started my account with them from $1000 and now I have more than $25000.

Anonymous said...

To Anon, the beginner: you have decisions you must make. If you're idea is to trade frequently, then its better to get the lowest cost, even if you're going to expense it later. If your idea is to buy and hold and drip, then over time the trading cost is less important. If your idea is to do a true drip, then the trading cost means even less, as future purchases in drip or supplemental cash will be without transaction cost. Of course, customer service & ease of transactions in and out of your accounts are also important. If you're unsure, there's a lot of resources on the web to research. Good luck. Cheers!

Anonymous said...

if you use windows and is legal you may use the free Microsoft security essential antivirus


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