Hello, dear readers of the Dividend Girl? Missing me? I had been unusually quiet these days but that’s because I am unusually busy. My day-time contract will end by the end of September and I am trying to “plan” the rescue-me-that-pretty-girl plan. Either way I have my unemployment benefit valid and available to me at any time until March 2013 (THANK YOU UNCLE HARPER!), I am looking forward to, well, you know, do something with my life. At this point, my dividend earnings are doing great, but it’s not enough to support my living. So I am looking for freelance stuff and I am actually doing well since May.
Now, work is getting more and more available, so I am just like working most of time. I began that new thing, “trying” to wake up at 5 am to work until 8:45 am, going to my daytime job from 9 am to 5:30 pm, reading emails during my lunch break, hitting back the freelance table from 6 pm to until I can take it anymore. I am actually able to wake up at 5 am a few times during the week, but not every single day. I am making that X huge amount of cash, but I am spending too. I rack up to $900 in expenses on my credit card! But that included the little July 1th weekend trip to Ottawa. I realize now that I didn’t even post a single pic of my adventures in Ottawa. You’ll have to wait because I didn’t even download the pictures from my iPod yet. Just tooooo busy.
But I have enough time to tell you this: the
mountain lion hero man is back! For the active readers of the Dividend, this is only for you, our hero is doing well but suffers from health problem; that’s why the man had been quiet. But he’s back in the stock game so watchhhhhh outttttt!
The only question being: are you ready for what will follow?
Want to hear the voice of the man?
Ready? Ok, GO:
“Hi Sunny
(that's me!)
From now until at least March 2013 or even Sept of 2013 are going to be pretty bad.
(I am not expecting a good stock market, I had been working at paying a 10k credit line at RBC for partly that reason) Greece & Spain are messing with the market
(I knew that) and now China's market has hit a low matching March of 2009 ("the crash")
(I didn't know that!)
I've gone to 30% cash.
(WOW!) There should be some good buying opportunities in the next
6 to 8 months. TSX could drop below 10,500 (maybe more). What do you think?
(I think so too, it won't get better anytime soon, too much euro shit)
Ive been converting to dividend paying stocks
(I love dividend too, easy breathy beautiful extra $$$) because I don't believe there will be much growth for a few years. Ive moved into pipelines
(I am into pipelines for a while too, ENB, ENF, PPL = my very love super stocks), power and REIT stocks (5% to 11% div)
(be careful with stocks paying over 6% div. High dividend yield are yummy, but sometimes dangerous, just my advice. You know I appreciate you right? BE Careful PLEASE)
Have you got any good Div payers?
Dundee REIT (D.UN) keeps on growing (just bought a big bulding in Toronto)
(oh lala Toronto, I never been in Toronto) Check it out
(thank you for the pick!)
http://www.theglobeandmail.com/globe-investor/markets/stocks/summary/?q=D.UN-T
I've bought "Two Harbors Investment" (TWO) - an American REIT that looks to hold
or grow a bit (only 300 shares below $10.50) - Check it out.
(I only invest in Canadian dollars at this time because I am on a big fat margin)
http://www.theglobeandmail.com/globe-investor/markets/stocks/chart/?q=TWO-N
I've been picking up some "Big Bank Big Oil Split Corp" (BBO) 800 shares so far.
I've been paying $9.50 and less. I think it's a good long time hold.
I have an order in for 300 more at $9.37 right now. Check it out:
(I LIKE THIS ONE. the title is a bit volatile, but adding a few stocks in is of an interest for the Dividend Girl LOVE IT)
http://www.theglobeandmail.com/globe-investor/markets/stocks/summary/?q=BBO-T
I have had some luck by finding good stocks with LOW volume. I put in a bid for a month
that is 20% low and every once in a while I'll pick up 100 to 300 shares from someone, on
a day that he just HAS to sell - and I get them. it seams to work 10% of the time. It's a lot
of work.
(you are such a good investor!)
If you have the ability to record TV you should record a US financial program:
CNBC "Squawk Box" (3:00 AM Pacific time)
(I don't have TV)
Lot's of information and interviews with top economic and political experts.
Another good program on Saturday is CNN "Your Money" (politics & Finance)
(Thanks)
So where are you living now - where are you working - how are you doing?
(I am in Montreal until the end of September, contract what I do? I won't post it here lol)
I had a mild stroke 4 months ago
(oh no!) but all is fine now
(ouf!!!). Had kidney problem, it's fixed now.
Summer has been strange - much cooler - way to much rain (6 months rain in 2 hours)
Floods and landslides in the area (we're okay so far).
You HAVE to see the movie To Big to Fail”
(I will try to rent it)
We all like u, mountain lion hero.
We are now going to change of topic, if you don't mind.
In his "The pursuit of yield" letter, Gordon Pape is trying to explain that the only way we can get interesting dividend yield with low risk is by purchasing his newsletter or going for under-paying dividend of the like of 2%. Well, I can advice you that Gordon Pape knowledge of what is available out there is very very low.
My secret name itself Sprott Strategic Fixed Income Fund (SFI.UN). SFI.UN is in the category of the safest kind of investment available on the stock market scene: fixed income. Usually, fixed income are extremely boring. The asset type is GIC, bonds, treasury stuff... You see what it is? All the extremely LOW paying stuff that you don't ever want in a portfolio.
However, Eric Sprott is among the genius an his team is able to generate extra powerful dividend yield on the fixed income class. Look for yourself, SFI.UN dividend yield value is of close to 8%. SFI.UN value is stable. Units were in sale at the time of its release at 10$ per unit. Of its life so far, SFI.UN never went under the 8$ per unit. The investment if pretty reliable. However, don't expect the investment value to grow, at least not at this time. However, SFI.UN is a good investment to feed you in what the Dividend Girl like the most: DIVIDEND.
So see, you don't need to give one single buck to Gordon Pape to learn more about how you can enjoy the stock market by regulating the risk.
I was quite disappointed by reading in
here that an MBA help people manage their money. MBA diplomas don't worth anything. What worth something and bring in cash is the market experience. No need to spend 100k on a diploma to learn. Individuals need to learn the power of their money by themselves. No teachers can never teach you what I am giving you right now as information.
YOU are a lucky reader of the Dividend Girl. Don't be an idiot follower. The stock knowledge doesn't exist. Its only a trap to make you spend thousands to hear some arrogant teachers. Don't believe them. Be aware. Now, you know.