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Thursday, May 9, 2013

Better luck next time Dividend Girl

This is what is going on. For the past couple years, I always had great promotional interest rates on credit card balance transfer with TD Visa. I had 4.9%, 1.9%, 2.9%....

Recently, I completed a credit card balance at TD Visa at 2.9% for 6 months. The amount carried over was something like 11k. Cool great awesome! That was completed at the end of April. I was on my way to proceed with another credit card balance transfer at TD Visa for another 4k. However, the promotional interest rate is NO longer from my account! Which mean I cannot proceed with another credit card balance at 2.9%.

I had the promotion in my account non stop for many years now at TD Visa. And now, it suddenly stop?

Great news is I have a 0% interest rate at American Express I can use. Great, but I wanted to use that 0% on something else, like to pay for my shopping and my vacations. But it won't happen that way, of course!

A promotional interest rate is a promotion. Is not mean to be there forever. But I am a little bit desperate. Especially now that I am about to have my tax declaration completed next week.

I always been treated like a princess at TD. But now, the princess is being treat like shit. This is not nice TD VISA! I USED TO LOVEEEE UUUUU and know I feel like bunching you into the ground.

At least, my non-registered portfolio is doing very great. My portfolio closed today session at $120 642.67. And some new dividend had kicked off.

Life is all about balance. When you jungle with debt, that's the price to be paid. But I have an angel protecting me (I still have that 0% interest rate at American Express). Kinda rocking the place no matter what.


Anonymous said...

If I was TD, I would have cut you off too. You are extremely bad with money. All you do is make others rich.

Anonymous said...

TD Visa is still willing to offer me 0.99% interest rate for 12 months with 1% transfer fee (*new). I guess they've checked your credit history and found that you are very risky person to lend their money. Please reduce your debt and handle your hard earning money gently.

Anonymous said...


The TD bank knows your credit history. THey know all your bills and credit cards regardless of where they are from. They can tell if you pay before the due date, if you pay in full or not, or if you pay more than the full amount.

If you just keep paying the interest on LOC, that is bad as it looks like you are NOT attempting to pay it. RBC raised my LOC interest rate as I was just paying the interest rate. When I called they told me that was a factor even though I have EXCELLENT rating. I pay a little more on it each month as this is used for investing only.

Anonymous said...

borrowing money = throwing away money, you will never get that money back. whenever you borrow money to invest there's always disclaimer. you can lose a lot of money in your investment and you still need to repay the entire loan event hough your stocks is worth way less than the loan amount. from what I can see, you are losing money, you are not gaining at all. For every dollar spent to pay the interest only, your investment is losing money overall.

Anonymous said...

you don't know how to invest. total recklessness

Anonymous said...

is your non registered account doing great really???

what's the overall return and average cost of all your investments?

doing great is all relative. doing great for you might mean just breaking even.

I don't think your portfolio has gained much in the past two years, it seems you are stuck at that 120K level for the longest time and also you have added a lot more money to the portfolio since then.

Look at FEB 2012 - your investment is at 120K... plus look at the additional holdings compared to now!!!

Anonymous said...

since Feb 2012, you have added the following stocks and yet your total asset is still stuck at 120K!!! You added an additional 8000 of investment and still stuck!!!

Chorus Aviation Inc. (CHR.B): $638.04

Crescent Point Energy Corp (CPG): $865.48
JFT Strategies Fund (JFS.UN): $1 970
Geovencap Inc. (GOV): $0.60

Bombardier Inc. (BBD.B): $527.80

Heroux-Devtek Inc. (HRX): $451

Black Diamond Group Ltd (BDI): $532

Emera Inc. (EMA): $868.50

Cineplex Inc. (CGX): $842.50

Anonymous said...

feb 2012 = 39 holdings

mar 2013 = 46 holdings

approximate additional money added 8,000

Anonymous said...

what's your opinion on mmp.un? it is much lower than when you bought it. Is the 23% dividend safe?

Anonymous said...

Another troubled stock has cut their dividend (Chr.b). Why would you want to invest and lose your money in stocks like mmp.un, chr.b, pgf, je, sii, dgi, etc when you could be investing in Coke, Pepsi, Exxon, Chevron, Wal-Mart, McDonald, Google, Johnson & Johnson, Kraft, Proctor & Gamble, General Electric, Pfizer, Wells Fargo, Verizon, Visa, Master Card, Colgate Palmolive, etc. These are companies that people use every day and are leaders nor only in the US, but worldwide.

Instead of investing to double your money like you taught you would with silver and gold, you should invest to try not to lose half your money like you did with many small cap companies.

Sunny said...

Regarding my non-registered portfolio value, you are not exactly right since some investments had been transferred over the TFSA and for the past couple months, all new investment were made inside the TFSA and RRSP accounts.

There's a lot more than just a number compilation to take in consideration.

I don't thing I am that suck - if so, you wouldn't be reading. If you like me, you read me, if not, just go away. I want readers to be at my feet, to adore and to love me. I really don't care about little bastards like yourself.

You hold MMP.UN if you are willing to deal with a high risk investment. For my part, I only have a small amount invested.

Investors can find better for their money than gold and silver. Other stuff that I hold, like Stella Jones, Alta Gas etc. are much more powerful stuff to hold in those volatile times.


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