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Thursday, October 29, 2015

Sign Working Canadians petition to keep the TFSA contribution limit to $10 000

Liberals of Justin Trudeau had won the majority and unfortunately for investors, the Liberal party is looking forward to decrease TFSA annual contribution to $5 500, which is very sad. A $10 000 annual contribution is very perfect. It leave plenty of room for saving. Saving grow tax free and best thing of all, if a back luck happen, you lose your job or you just need money to cover whatever purpose, you can withdraw any amount wanted without facing any penalties.

Is not the case with RRSP and its the main reason why I stop adding money to my RRSP. I need money now. When I will be old and grey, I don't care. I will eat in the garbage if I don't have any money left! No one should ever care about senior days because when youth is all fade away and that you need to face lift just to look presentable, well, I guess that it just not a life. It is certainly not the type of older days I want. Money need to be enjoy and invest now.

Sorry for all the seniors who might be reading. But no worries, plastic surgery DO exist.

On a more serious note.

In order to keep all the privileges associated with the TFSA, especially its generous $10 000 annual contribution, we all need to act and act now mean to do like I did and sign the Working Canadians petition

Act now before its too late.

Wednesday, October 28, 2015

Bombardier Inc. (BBD.B): another Quebec flop

Long time ago, I used to hold some Bombardier Inc. (BBD.B) stocks inside my non-registered portfolio. I used to be quite excited about the CSeries and all of that Bombardier stuff. But I didn't like Bombardier lack of leadership. I mean, when you make announcements, and later on, you cannot even respect your initial engagements... Even if such lack of engagement is not surprising coming from a Quebec business, I was hoping for something better coming from one of my investment choice. Because after all, I am an investor princess and I make great decisions.

I am adventurous. I like to invest my hard earn money, its in my nature, I cannot help it. Anyway, later on, I sell at profit. And I never came back to Bombardier Inc. (BBD.B) ever again.

And now, Quebec government came up with a very bad idea: to help Bombardier Inc. using Quebec taxes. Unfortunately, I live in Quebec, its not by choice. Its not because I like it here. Its strictly and only for monetary reasons and nothing else. However, Quebec want to use my tax money to help a company that only had showed bad leadership moves one after the other and cannot handle it.

When government decided to help x or x company, its always for a good reason. Its mean deep trouble. And you should always stay away from businesses who cannot survive by their own selves. Stay away from trouble.

Tuesday, October 27, 2015

Couting every dividend pennies: update on my annual dividend earnings

Its not easy to be an investor these days. This past Friday, my non-registered portfolio was about to hit on the 130k mark. At $129 297, I was super close! But what was hot and true yesterday is today no more... Today, my non-registered portfolio closed at $125 247.25. What is that??!!! I feel like screaming, just like Adele: HELLO... Yo which I could add: where had gone my money....

I used to be much more glamorous. I used to be a super investment girl. Remember these old days, not so old? Back on date of April of this year, my non-registered portfolio was was at $137 000 - its highest value ever recorded. I was about to hit on $140 000 when everything collapse. What a bad surprise. I can't wait to see a TSX going back to the 15 000 points. Is it too much to ask?

During volatile times, my portfolio goes up and down. And in those hard time, I am not the best investor. When the market is down, I don't like it. I don't feel it as a great time to invest. I am just in the mood to invest. But without investing, my life get very boring and ordinary. Believe it or not, I have $2 000 available to invest and guess what, its not yet invested!!

I hold JFT Strategies Fund (JFS.UN) in both RRSP and non-registered account. I am thinking of adding some more of those gold units one more time in my portfolio, this time in my TFSA. For any investment portfolio, JFT Strategies Fund (JFS.UN) is bullet proof against the stock market volatility. The fact that the stock market goes up and down like crazy barely have any effects on the JFT Strategies Fund (JFS.UN). The capital gain on JFS.UN had been super great. Personally, what I like to do with the JFT Strategies Fund (JFS.UN) is to watch up it gain $510 in capital gain and when it does, girl do her thing, she sell and enjoy the free cash.

I always knew I was going to make my bucks on the back of Jean-François Tardif. HELLO SUPER CASH. In the immediate, my investment in JFS.UN won't bring anything in term of dividend, but I do remember one time when the fund had proceed with a special dividend distribution. When everything collapse around you, JFS.UN just keep going.

Recently, a bad surprise was the lost of Sprott Strategic Fixed Income Fund (SFI.UN) inside my TFSA. Following what, I was curious to see at how much I am at in term of dividend earnings. After calculations, my annual dividend income is of $6 089.34, the equivalent of $507.50 per month. I wasn't earning much from Sprott Strategic Fixed Income Fund (SFI.UN), but still, dividend money being so hard to earn, every penny counts. I was earning $23.50 per year from my old SFI.UN.

I would be very happy to reach a dividend annual income of $12 000. And that make me regret all of the money I had invested in my RRSP. If I could go back in times, I wouldn't invested anything inside my RRSP.

Wednesday, October 21, 2015

October 21, 2015: The Future start HERE

I adore the Back to the Future movies. I don't get tired of it. And today, we are in the future!

I just would like to be a little richer. Otherwise, future is almost perfect.

Tuesday, October 20, 2015

Sprott Strategic Fixed Income Fund (SFI.UN) is terminated. Done. Over

During my vacations in October, something happen to Sprott Strategic Fixed Income Fund (SFI.UN). SFI.UN is no longer active on the TSX. They are such a bunch of losers at Sprott Asset Management LP that they decided to terminate the Sprott Strategic Fixed Income Fund (SFI.UN). I had been holding SFI.UN in my non-registered portfolio 2011. Do no ever invest in any of Sprott Asset Management LP investment products because if you do, you'll only lose money. I also lost a great deal of money by investing in Sprott Canadian Equity Fund.

Make sexy proud and DO NOT INVEST in any of Sprott Asset Management LP products. They are only "products" and don't conduct to any richness at all. Please learn from my mistakes and be f aware.

Since Sprott Strategic Fixed Income Fund (SFI.UN) no longer trade, the losers at Sprott Asset Management decided to sell of shares and provide cash tot heir investors. The Sprott Strategic Fixed Income Fund (SFI.UN) is now behind me. And the cash I received from SFI.UN left me with more than $600 cash inside my TFSA. I currently have a $1 400 available on cash, so a 2k+ will go for investment.

The stock market is very volatile right now. Like we are like so f! Options are limited. Everyone agree with this point: 2-15 is the year to maximize your TFSA contribution because after that, starting 2016, the TFSA annual contribution would drop from $10 000 to $5 500. I currently have $19 625 left available to invest inside my TFSA. Soon, $1 400 will get transfer my TFSA. Following what, I will have $18 225 left... Its still a lot of money, where am I going to take the money from? Well, this bitch is full of resources, staring with a 5k at 3.5%. Great, but I will still have $13 225 left... 

But hey, read this article, and tell me after if you are still interest in the TFSA.

SOooooo confusing! Like always. LOL.

On another note, my non-registered portfolio is getting better. at $128 306.30. I am looking forward to hit on the $130 000.

Monday, October 19, 2015

Bye bye Stephen Harper! And hello... Justin Trudeau?!?!!

I went to vote this evening and I discovered something - I am no longer in Laurier-Sainte-Marie, so I didn't have the opportunity to vote for Hélène Laverdière. However, I vote for Tom Muclair. And he win in Outremont, with the help of my vote.

Middle class across the country massively vote for Justin Trudeau. anything would be better than Stephen Harper, but I don't like Justin Trudeau. Now that Trudeau had been elected, everyone will be waiting for their paycheck. He's not disciplines and strong enough. When he talked, he's always all over the place and he don't really know what he's doing. His counselors are putting words into his mouths. He learned the words, but what will happen now that my worst fear had become Prime Minister of Canada? We didn't need a Quebecker as Prime Minister of this country, its sooo UGLY. 

I never been a fan of Justin Trudeau. The guy is a dumb gummy.

Like expected, the sweet Hélène Laverdière kick off Gilles Duceppe out to the woods! I like that bitch. Her only fault is to be what she never asked to be - a Quebecker.


Sunday, October 18, 2015

Derek Foster is voting for Stephen Harper. Really?

Tomorrow is a big day, its elections day in Canada. And since I am located in Laurier-Sainte-Marie district, I will be voting for Hélène Laverdière of the NDP - New Democratic Party. For the second time in history, I am pretty sure that Gilles Duceppe will be defeat, one more time baby. Go go go Hélène Laverdière! Yeah! This is exciting. I adore Hélène Laverdière.

On another note, someone that I really like decide to vote... for Stephen Harper! Nooo! This is a real nightmare. My Derek Foster is voting for Stephen Harper! NOOOO! I couldn't believe. Its in his latest newsletter that Derek Foster announced that he was going to vote for Harper. His reasons for voting for Stephen Harper appear to be strictly for monetary reasons. And a vote should never be only about money. How in the world can anyone ever vote for Stephen Harper?

The only reason why Derek Foster is voting for Stephen Harper is that we want to see the annual $10 000 contribution to the TFSA being maintain. But that's not a good reason to vote for Stephen Harper. I haven't been able so far to maximize my own TFSA contribution. $10 000 is a lot of money. $5 500 is a more realistic amount for the middle class.

Stephen Harper is not the Prime Minister that Canada need. We need someone more like Tom Muclair who is showing more positiveness and who actually care for Canadians. Stephen Harper haven't been there for Omar Khadr. Stephan Harper closed our door to Syrian immigrates. And there's so many other things that went wrong with Harper. Its almost like we a ghost of our own self. We are not a strong and brave country anymore. Like Derek Foster, the Canadian mass is impotent.

You can vote to whatever candidate you want but at least make me proud and go sign online the petition to free Omar Khadr.

Tuesday, October 13, 2015

Enbridge Income Fund Holdings Inc. (ENF) is looking for investors

Is there anything more exciting in the world than wifi Internet? Especially when you didn't use the Internet for more than an entire week while being in vacation?!!! That's how it felt for me yesterday, even if vacation in New Brunswick means access to cable TV, fresh air (see pictures below) and homemade meal (not made by me).

I don't have the Internet at home in New Brunswick and when I hit the bus on my way back, I couldn't resist, I just needed to connect to the bus wifi to catch up with investment news, my portfolio and emails. The fun didn't last long, a few click, and I already use the Internet I was aloud to use, and following what, I felt asleep. Its actually a great thing not to have Internet access for a few days. These days, the stock market is so volatile that I decided to transfer funds from my credit lines to my margin account in order to avoid any dramatic situation for my margin while being away. I did so, but I could had been good without it.

My investment portfolio is doing better now than what it used to be before my vacation. What a difference a few days can make! I don't know if you remember, but not too long ago, my non-registered was around 121k, and it even went as low as 118k... Its nice to come back from a vacation this way. It seem like the old 137k worth is not that far away now. My non-registered portfolio closed at $128 550.19 this past Friday, what a release. Today, it closed at 116k, but its only because there's a hold applied on Enbridge Income Fund Holdings Inc. (ENF) because an announcement had been made.

ENF is going to release stocks at a cheaper price than what it currently worth. The minimum shares purchased need to be 100, which mean the total investment will be of something like $3 260, commission free. This deal worth it in the case an investor don't already hold Enbridge Income Fund Holdings Inc. (ENF) inside your portfolio. But in my case, I will pass on the offer.

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