My saga with Revenu Québec continue

I had quite a good surprise just a few minutes ago when I look into my broker account. Yesterday, my non-registered portfolio closed the session at 117 091$. At this time, my non-registered portfolio is at... are you ready?

My non-registered portfolio is at 118 344.65$!

This is great because in case you don’t know it yet, my investment book value at TD Waterhouse is of 118 280.62$.

118 344.65$ - 118 280.62$ = +64.03$

Now it’s official, I have beaten my internal capital loss!

Those were for the good investment news of the day.

Remember my drama with Revenu Québec?

Back in December 2011, I had received a letter asking info regarding my RAMQ contribution. I sent all the info requested. And today, I just received another letter from Revenu Québec, this meaning that my saga continue...

First, Revenu Québec is letting me know that in 2010, my total income was of 43 000$. That’s quite good. But following what, Revenu Québec is asking 102.04$ from my pockets for their health insurance, RAMQ. I am going to have this check tomorrow by the accounting I deal with while living in Montreal. I just don’t exactly understand the reason of it, but it have to do with the fact that I didn’t enroll in my employer insurance program while I should and in result, it create an extra tax charge.

See, I won’t be living in Quebec province ever again of my life. Quebec province is hell. You pay all kind of taxes all over the place. In return, try to have access to health care... Trust me, if you move to Quebec province, you won’t be able to find a family doctor. Hospital cares quality is extremely low. Quebec provincial government doesn’t care about their citizens.

Fact is, the job sector is deteriorating in Montreal. A lot of companies closed their doors and it’s a real good thing because really, no one wins by living in Quebec province. Its most taxes province of Canada and the most taxes “country” of the G7. Nothing to be really proud of. Quebeckers like Brian Mulroney, Gilles Duceppe, Jean Charest, Gérald Tremblay are imminent figures of Quebec corruption and the worst thing being that those individuals live freely, Quebeckers accept their corruption. In Quebec, its acceptable to cheat, lie and steal money from public funds. In Quebec, it’s ok to maximize taxes on the back of citizens. But for which reasons? There’s no quality in their educational system, university, health care and infrastructure.

Knowing that, how in the world can you want attract businesses in your territory? Good businesses are leaving Quebec province one after the other and I can say proudly: TAKE THAT QUEBEC PROVINCE. Quebeckers finally get what they truly deserved. And this is of course only the beginning. It’s the beginning of the end. This is my revenge.

Hello 117 561.46$

At 117 561.46$, my non-registered portfolio is going quite well. At this time, I am really looking forward to invest something like 500$ in Crescent Point Energy (CPG). It’s not that much, but it’s all I have at this time. Not to forget that next week will be pay week. Then, obviously, there will be more cash-“IN” to invest.

The reason why I am so excited about this new investment is the following: in my non-registered portfolio, my book value is of 118 265.89$. 118 265.89$ - 117 561.46$ = 704.43$. This mean that at this time, I only missing 704.43$ to recover from my internal capital loss. So that’s very good. While adding 500$ more in my portfolio, I will only be missing a 204.43$. That amount goes up and down of course depending of the value of the non-registered portfolio and of course, that value vary on a daily basis and even worst, during the trading day, that amount vary second after second.

And imagine next week, when I will have 1k to invest.... I will no longer have internal capital loss to beat. I am getting closer to the 200k and I cannot wait to hit the 8k in dividend income. Right now, an issue I am facing in my 2011 RRSP contribution. Don’t ask me where I am going to take the money because right now, all the cash is getting injected in the non-registered portfolio. I don’t have what it take to invest in a RRSP account.

Look at what I find: Crescent Point Energy Corp (CPG)

I am always searching and searching for new stuff for my investment portfolio and I was quite excited with my latest finding and of course, I just have to post about it, you know the stuff, and know you know about another marvellous: Crescent Point Energy (CPG).

Crescent Point Energy (CPG) is obviously in the energy sector. But let’s go straight to the point on why I find Crescent Point Energy (CPG) so interesting!

What you need to know about my newest finding: Crescent Point Energy Corp (CPG)

What really caught my interest in Crescent Point Energy (CPG) is first of all its dividend yield. I was doing a search on dividend yield when I found Crescent Point Energy (CPG). CPG dividend yield is of 6%, for 2.76$ per year. At the current stock value of 45.48$, Crescent Point Energy (CPG) dividend yield is of a bit more than 6%, which is very good. Very rare feature for a blue chip, CPG pays its dividend on a monthly basis. Usually, blue chips paid a quarterly dividend, not a monthly one. So this is quite fun.

Crescent Point Energy (CPG) chart is spectacular. It’s actually not a chart that you are seeing there, but a flying jet that continue its way to a golden future. And the future seems to be quite bright for Crescent Point Energy (CPG). Recently, CPG announced a major acquisition in Wild Stream Exploration Inc. which will significantly increased their production.

The only problem I am having with Crescent Point Energy (CPG) is that it’s another gas and oil company... I already own a lot of stock in that sector: Pembina Pipeline Corporation (PPL), Pengrowth Energy Corporation (PGF), Enbridge Income Fund Holdings Inc. (ENF), EnCana Corporation (ECA), TransCanada Corp (TRP), Enbridge Inc. (ENB) and Canadian Utilities Limited (CU). I have several thousands of dollars invested in the oil and gas sector, but I did very well in it, at the exception of EnCana Corporation (ECA).

Adding a few stocks of Crescent Point Energy Corp (CPG) could be interesting even if I own more than enough in the energy sector.

Susan P Brunner opinion on Just Energy Group Inc. (JE)

Susan P. Brunner reviews one of my old time favorite: Just Energy Group Inc. (JE). She had reviewed JE before in the past and again this time, Susan is hitting hard on JE - one more time - but for all the good reasons. However, I like to have some JE stocks in my investment portfolio.

Facebook Initial Public Offering (IPO)? I am IN

Probably sometime next week, Facebook is going to call in for its initial public offering (IPO). This is certainly the most exciting financial event of the year 2012 and you really don’t want to miss the boat on this one. I don’t care where you have to take the money to invest in this initial public offering of Facebook, I don’t care. And why not, go used your American Express credit card! lol.

More seriously, so far in my investment life, I only took part in one single initial public offering (IPO). I made my first IPO in Horizons Gold Yield Fund (HGY.UN). An IPO is fun because you are getting your rich hands on some stocks for free. This means that when you call your broker to take part in an IPO, you don’t pay any commission fee.

At least that’s how it went with TD Waterhouse when I place my order to take part in the IPO of Horizons Gold Yield Fund (HGY.UN), I didn’t have any commission to pay. Also, TD Waterhouse wasn’t from the list of brokers included in the IPO, but they managed to get me some stocks to make me happy! So thanks you, TD Waterhouse! I guess that normally, if your broker is an authorize IPO issuer; you may be able to place your order in your online broker account, but I cannot confirm. At 9.99$ per selling and buying operation, trust me, a commission break is greatly appreciate.

Anyway, let’s see, what’s an IPO?

An Initial Public Offering (IPO), mark the really first move of a company inside the wonderful and sometime less wonderful world of the stock market. An IPO is being called when a company want to make its move and integrate the stock market. In Canada like any other places in the world, there’re some very successful companies, like Facebook, who are not from the stock market. Among the way, those successful companies decided, for a reason or another, to get a symbol ticket and decided to take place in the stock market. The reason why of that is mostly to bring in cash to the company, that’s how the financial crap work. It might be crap, but anyone can make money out of an IPO and out of the stock market. You just need to go in there and do you thing.

As the name explains, an IPO is open to EVERYONE and ANYONE. As long you have the cold cash in your broker account, you simply have to DRING DRING, call TD Waterhouse or whoever else is your broker and say: I want some Facebook future stocks! And what you want is what you get.

It’s really as simple is that. And oh pleaseeeeee, when you place your order, write down the following: the time of your call, the date, the name of lucky broker who place the order for you and also, if he or she can provide one, an operation number or whatever else reference number. From what I remember, TD Waterhouse doesn’t provide any reference number but the broker gives, at least their name.

Facebook is not from the stock market yet but it worth as much as MacDonald. You know, the fast food company...

This is all very nice, but I am going to continue even if it’s Friday night and we’re going to see together why an IPO can be very interesting.

First of all, when you participate in an IPO, the stock price is giving. They usually ask for a minimum investment amount. From what I experience with HGY.U, the minimum investment requested is reasonable. The stock price is one fix and usually, if the company is a good one, like Facebook, once the company hit the stock market for real, the company stock usually exceed the value of the initial public offering stock price. So that’s something that is extremely interesting. You are almost guarantee to mark some interesting capital gain.

Please, take advantage of the US-Canadian parity dollar

Right now, the Canadian dollar worth as much as the US dollar one. Now more than ever it’s time to take advantage of the parity to get some fresh US dollars.

Following what, when the initial public offering (IPO) of Facebook finally kick in, well, the only thing left for you to do will be to call your broker and voilà.

You just learn something very fantastic tonight that will allow you to experience, with a bit of luck, a lot of cash in term of capital gain. So be happy! And go work on your Facebook page please! Facebook is hotter than ever before. Be ready!

DNI Metals Inc. (DNI): buy, sell or hold?

My non-registered portfolio is at 117 034.98$. I just received Exchange Income Corp (EIF) dividend, a nice 42.39$. Currently, I am at more than 700$ in my dividend income for January 2012. There’s good stuff going on in my non-registered portfolio, but there’s even better stuff going on for my TFSA!

My adventure with DNI Metals Inc. (DNI) began on June 17, 2009. On that day, I invested 717$ in DNI. At the time, DNI was known under the name of Dumont Nickel (DNI). Back on the day of June 17, 2009, my goal was to make a quick buy-and-sell move in order to collect a few bucks for the summer. Before June 17, 2009, DNI had rebound and I taught I could easily perform day trading on DNI Metals Inc. (DNI).

But I was wrong. Following my purchase, DNI did not rebound like expected. I decided to keep DNI in my portfolio anyway, just to hold. After all, I was playing with a small amount of money. I wasn’t upset or had hard feeling, I just find, in some ways, that the situation was really funny. Don’t ever think that there’s easy way to earn money on this Earth because none of that exist.

The last quarter of the year of 2011 has been great for DNI. But recently, DNI has really delivered! The period of 2009-2011 has almost been completely dead for DNI Metals Inc. (DNI). But that’s because they DNI was working on a big project. I am now getting a benefit from those 2 dead years. Deciding to hold DNI no matter what was a personal choice, but of course, it was a good one.

Back on July 31, 2007, DNI was trading at 1$. From the period of July 31, 2007 to today, DNI never reached back the old 1$ mark. However, the future could be very bright for DNI and it definitively worth the hold. Emerging countries like China will bring in a new demand for metals and with its positive development, DNI Metals Inc. (DNI) could be on the road to become more than just a penny stock. The move from the current penny stock situation into a dollar stock is just a matter of time. Of course, nothing is sure, but the hold worth the try. There’s a lot of gambling involve but when people tell be to sell DNI – or even just partly – I feel the advice is being giving very stupidly. Fact is, there’s much more than only gambling involve. There’s a bunch of my feeling and common sense involve too and you know, well, with that, with me involve, you cannot go wrong.

DNI Metals Inc. (DNI)? HOLD and cash in the profit LATER.

The troublemaker stock EnCana Corporation (ECA) is getting better... at least for now

Today, one of my troublemaker stock, EnCana Corporation (ECA), gains close to 10% today to close the day at 20.75$. Still far from the original 29$-30$ I place my investment on, but still, a capital gain is much appreciate.

With all that, my non-registered portfolio closed today session at 117 154.45$. Only 1 086.414 is missing before I recover from my internal portfolio capital loss. This is very good.

DNI Metals Inc. (DNI) closed today session at a fantastic 55 cents, which is boosting my TFSA value. Look like somebody around here is going to make a lot of cash! And that person, well, you know, it’s me!! It’s very great because I had been holding DNI for a really long time now and I finally getting results. Those are quite exciting time. My dividend income is doing well for the month of January.

Canadian National Railway (CNR) has increased its dividend by 15%! CNR dividend is now of 1.50$ per stock. Great news coming from CNR.

At this time, I would very much like to see my silver units in PHS.U, among other, to gain in value. My experience with silver had been rough. In November 2011, everything was fine for silver but things began to change in the Spring of the year 2011 and currently, silver is not doing extraordinary well. I wanted to register a nice capital gain on silver but it just didn’t happen the way I expected... However, I was bright enough not to invest too much in silver, so the fact that silver is down is not affecting me that much. I hold silver like anything else inside my investment portfolio. You know when a girl is for good. Don’t expect the silver sh*t prouttttttt of Eric Sprott to slow me down.

Tonight is pay night. I have a couple of expenses to cover of course in prevision of February. Next big thing ahead for the Dividend Girl is the RRSP contribution. From my calculation, I had made around 45k in 2011. I want to review that income to see if I have to make a RRSP contribution for 2011.

I am quite busy at this time with work, my portfolio and my new art class, if you see what I mean. Talk again later.

See me live or almost

Click right here only if you want to see something pretty.

Watch out, DNI Metals Inc. (DNI) is in fire

My non-registered portfolio closed today session at a very good 117 313.28!

Also today, DNI Metals Inc. (DNI) had gained 6.38% and closed today session at 50 cents. This is actually really good because I now have more than double my initial investment value in DNI Metals Inc. (DNI). Yeah! Is 2012 going to be the year where DNI is going to switch from a penny stock to a dollar stock? Maybe.

Very good result for my portfolio today overall. I cannot write more, got to go. My art class is tonight.

I love trouble

This morning, the temperature is of -28 Celsius Degrees in X town of New-Brunswick! Very cold! See for yourself:

 

In this cold Sunday morning, what can I do better than checking over my investment portfolio? Seem like TD Waterhouse system is down this morning. I have to say, it’s been a long time since I wake up at 8am on a Sunday morning, so I don’t know if this is normal or not. But I know for sure that TD Waterhouse usually performs maintenance in their system around midnight Eastern Time every Saturday night.

Anyway, I don’t need to access my portfolio in order to discuss the topic of this morning.

So far, everything is great financially speaking. Otherwise it’s another story, but I won’t talk about the other stuff for now, at the exception that my father is very sick. It’s been a week now and he has a hard flue to get over. It’s the reason why I am not sleeping in this morning. It’s the only reason why lol.

It would have helped me to have access to my portfolio because I wanted to look at my troublemaker stocks. The profile of a troublemaker stock? I name troublemaker stocks the stocks that are not stable in value. Usually speaking, those pay a high dividend yield (it’s the reason why I got enroll in them at the first place).

A high dividend yield does not equal a high quality stock.

That’s something I learned among the way. A stock should never provide more than around 8% in dividend yield. After the 8% mark, it’s an exaggerate dividend yield payment that could potentially caused damage to the company in bad economic time like we are in right now.

Beginning of 2011, the only thing I wanted was to increase my dividend earning. And in order to do so, I simply invested in companies who were paying a high dividend yield. It wasn’t exactly a good decision because I had experimented capital loss in term of holding.

In my portfolio, I want it all. I want a good dividend payment, I want to experiment grow inside my portfolio and I also want a portfolio that won’t decreased in term of value. Having it all represent a lot of work. And it also mean not being scared of restructuring your portfolio when you are been giving the opportunity to do so by the stock market. We’re going to discuss of all those things. Interesting? Oh yeah for sure.

In my non-registered portfolio, here are my troublemaker stocks:

EnCana Corporation (ECA)

Canfor Pulp Products Inc. (CFX)

New Flyer Industries Inc. (NFI)

Rogers Sugar Inc. (RSI)

Colabor Group Inc. (GCL)

Data Group Inc. (DGI)

Kinross Gold Corp (K)

EnCana Corporation (ECA)

In 2010, I initially invested 5 946.88$ in EnCana Corporation (ECA) in my non-registered portfolio. I also hold EnCana Corporation (ECA) in my RRSP broker account. Currently, the closed to 6k invested worth half of it. I invested in EnCana Corporation (ECA) when its stock value was somewhere around 30$. Back in the time, I taught that ECA was going to hit it old 60$+ value. You can imagine how excited I was following my investment in ECA. Since that time, ECA increased a little bit in value but in the recent months, EnCana Corporation (ECA) had decreased in value to reach as low as 17 buck per stock.

There’s a demand for natural gas, it’s just that it’s being sell at very low price. EnCana Corporation (ECA) has good gas reserved and had made many improvements to their business. ECA has also been for a little while a Derek Foster stock. So all those combines together, I think it would be a mistake to sell ECA at this time because ECA can easily trade back again at 20$ per stock, if not higher.

While investing in stock, I always invest for the long term. Hopefully, ECA will recover and hit back the 30$+ once the economy get better – one day.

Canfor Pulp Products Inc. (CFX)

I am naming here Canfor Pulp Products Inc. (CFX) as a troublemaking stock but it’s not really. The stock market is a very hard place to be. I am naming here CFX as troublemaker stock because in the past week, CFX title had been volatile. However, Canfor Pulp Products Inc. (CFX) quickly rebound. But at the time it crash, I really taught oh nooooooo not another troublemaker. LOL. That’s really what I taught. But I always like CFX and continue to happily hold it in my portfolio. I invested in Canfor Pulp Products Inc. (CFX) in January of the year 2011. Since that time, CFX grow in value. Lately, CFX decreased in value. I actually hold it at a lower price that I bought it.

CFX is an interesting BC company that manage business in the wood, forest industry stuff like that. It’s reliable. The dividend payment is good. I don’t have any problem at holding CFX and I would recommend to anyone to just stick-and-hold. After all, you’ll have some problems to get a better quality stock in that sector.

Canfor Pulp Products Inc. (CFX)? A bit of troublemaking but I still like it.

Rogers Sugar Inc. (RSI) and Colabor Group Inc. (GCL)

Recently, I took care of Rogers Sugar Inc. (RSI) and Colabor Group Inc. (GCL). I had close to 2k invested in RSI and GCL. I considered having too much money invested in those 2 trouble companies. Luckily RSI and GCL had gained in value recently. That allows me to partly sell RSI and GCL. I still hold RSI and GCL in my portfolio. RSI and GCL may be volatile and be troublemakers, but I still have enough consideration for them to still hold them in my portfolio. I reinvested the money collected this way in Canadian Utilities Limited (CU) and Veresen Inc. (VSN).

Data Group Inc. (DGI)

The only reason why Data Group Inc. (DGI) is from my troublemaker stock is that I initially invested in DGI stocks when they were at 6$+ each.

Currently, DGI is at 4.89$. I have hope that DGI will gain in value. The dividend yield is of more than 13%.

The company declared a couple of months ago that it will be able to continue to pay this kind of dividend. Since I have a DRIP, the dividends earned from DGI are being automatically transformed into stock. This will certainly played in my favour on the long run. And one DGI rebound, I would to sell a bit of what I hold in them.

I don’t like the capital loss that I am currently experiencing with DGI, but that’s part of the game. Don’t expect all of your stocks to be that extra good investment. Like never.

Kinross Gold Corp (K)

I used to have some stocks of Yellow Media Inc. (YLO) in my portfolio. I was fortunate enough to sell my stocks at what I remember being a bit more than 4$ per stock. That was just before YLO become trading for a few pennies. Selling YLO was the best decision I ever made. Following my sell of YLO, I reinvested the thousands of dollars collected in Kinross Gold Corp (K).

Selling my stocks of Yellow Media Inc. (YLO) was the best decision ever, but reinvested all of the money in Kinross Gold Corp (K) wasn’t.

At the time, gold was cool and I didn’t have invested that much in gold. At the time, K was considered a Strong buy by some analysts (they probably don’t worth sh*it) lol. When it come to finance, never trust no one, especially not anyone from BMO Bank of Montreal (BMO).

My invested in Kinross Gold Corp (K) decreased in value because they are having problem with a gold mine they have in Mexico or somewhere. Very frustrating. But that’s part of the game when you become an adventurous investor.

Derek Foster Canadian stock picks were amazing. PPL, CDL.A, ENF, etc. I made thousands of dollars from Derek Foster picks and I probably own him more than just kind words on my blog but that’s all what he’s going to get from me anyway. Lol. All this to say that everything was much better for me when Derek Foster was an investor oriented over his own stock Canadian market. But now, from what I understand, he exclusively holds US stocks and I find it so frustrating. Why in the world an invested like Derek Foster would say F U to the Canadian stock market and exclusively invest in US stocks? WHY? I would like to know why Derek Foster says F U to the Canadian stock market.

LOL. ;)

So here I am, trying to pick stocks for myself and it’s working....... kind of well overall.

Personally speaking, my goal is to boost the Canadian stock market from my little savings and you know, just be there, make a fortune from my stocks in a crazy style.

The only reason why I did not experimented capital loss in the overall value of my portfolio is 2011 is because we, Canadians, have the best stock market of the world. It’s the only reason why.

Overall, my experience with stocks had been very positive. My non-registered portfolio is at 116k+, my dividend income had been of 7k in 2011 and it will probably be the same if not a bit more for 2012. Everything is going fine, but it required a lot of work just to follow all of those stocks. It was my decision to have an X-LARGE portfolio and I don’t regret it. Not at all, even while holding troublemaker stocks.