Going out of bed and trading trading

No matter if you believe in God or not, or the God of the TSX lol... Nothing happen for nothing. See, I usually work on Monday, but I gave my Saturday to someone who really needed it and I took Sunday and today off. Yesterday, I sleep in late, did some stuff online, nothing much. I wrote 2 other HubPages and I hope to "pop" the 100 HubPages today. Despite fact that I didn't do that much, I sleep in late today too. There's just some times where I prefer to sleep in when I feel like sleeping. That way, at least, I don't spend money on eating out or doing anything else. Anyhow. I sleep in and when I wake up, it was around lunch time. I wake up, open the heat (its coldddddd in here), make myself some coffee, brush my teeth (yeah, I do that sometime!), start my laptop, and than, I saw the Sprott Inc. (SII) title had gain a 3%... HUGE! I didn't plan to trade anything today. Today was supposed to be a day where I stay in, doing absolutely nothing if not watching Swagbucks videos online to reach the 1400 points and order 10$ PayPal payout... That was going to be my day... But it turn out to be different. Today was a special day, it's because I wrote yesterday a HubPages about Dr. Travis Stork. I know, the guy is a hottie lol. That's why I pick him for a subject for HubPages, just like a stock pick... You pick what's look good and is good...

You might wonder again what this is all about and why God exist?

I already own several hundreds of Sprott Inc. (SII). Back in 2008, Sprott Inc. (SII) was my very first stock investment. back than, sprott Inc. (SII) was not a dividend payer. but it later on declare a small, but still, a dividend payment. Each year since 2008, Sprott Inc. (SII) pay a special dividend. And in January 2011, Sprott Inc. (SII) declare a HUGE dividend of 60 cents per unit. This is quite something because Sprott Inc. (SII) title trade at less than 10$ per stock! WOW!

Ok, so here what happen, without knowing about the 3 business rule that close a stock sell, I invested in 500 stocks of Sprott Inc. (SII), for an investment value of 4 679.99$. I wanted to qualify for Sprott special dividend of 60 cents, but I did my purchase too late. I never did a purchase in order to get a dividend payment at a specific date before. My new investment in Sprott Inc. (SII) did not qualify for the special dividend distribution and I was stocked with an investment of 4 679.99$! What had I done! What a terrible mistake! Especially knowing that Sprott Inc. (SII) quarterly dividend is only of 10 cents! Like whatttttt? 10 cents? Damn! What a mistake! I AM STUPIDDDDDDD! Ya!

But hey, I am a dividend girl and I have a bunch of luck on my side (not to say God by my side because it would be very stupid to say so). Anyhow, guess what, Sprott Inc. (SII) title reach close to 9$ per stock today! Just at the time I was in front of my laptop! It didn't took me long, I place a sell order for 557 stocks of Sprott Inc. (SII) immediately. I cancel my sell order of 9.60$ for 500 stocks of Sprott Inc. (SII). The sell of 557 stocks of Sprott Inc. (SII) generated a very good 4 977.30$!

The extra 57 stocks came from the special dividend for the Sprott Inc. (SII) I had been holding since 2008. See, a DRIP can help a lot in desperate situation.

I could had wait to do my sell, but the stock market is so difficult. I prefer to do my move now and save my trader reputation (lollll) and make a 297.31$ profit on an investment mistake! YES SIR!

After all this, it didn't take me long to realize that I could make one of my old dream come true: to hold 1 000 stocks of Just Energy Group Inc. (JE)! Whith the money, I purchase 300 stocks of Just Energy Group Inc. (JE). I own a bit more than 1 000 stocks of JE now and I am very happy. I think that I qualify for Just Energy Group Inc. (JE) latest dividend. But it's not the case, it doesn't bother me at all.

From what I calculate now, I exceed the 8 000$ in prospective dividend income for 2011. That's pretty cool!

So this is just another proof that yeah, God exist and want me to be become if not a millionaire, well, at least be comfortable in my finance. Now I really think that God exist. For real! So better be good! :0)

Welcome again Just Energy Group Inc. (JE), 300 new stocks of JE in my portfolio

Its always been my dream to hold 1 000 stocks of Just Energy Group Inc. (JE). And now my dream had come true. And I even exceed the 1 000 stocks. I just purchase 300 stocks of JE at 15.66$, for an investment value of 4 698$. I think I qualify for this month dividend. I think this time I am not doing a mistake. :)

I just sell 557 stocks of Sprott Inc. (SII)

I sell 557 stocks of Sprott Inc. (SII) at 8.94$ each, for a value of 4977.30$. Back in January, I had made a tracking mistake, I had purchase 500 stocks of Sprott in order to get extra on their special dividend but I place my sell to late... Back in the time, the investment value was of 4679.99$. thanks to special dividend that had DRIP, I had been able to sell 557 stocks and make 297.31$ from what had initially started as an investment mistake... Ouffff... thank you God of the TSX.

I am now at 147 145.43$

Which mean I am only missing 2 854.57$ before hitting the 150k! This weekend, I wanted to update my portfolio because of recent changes. but I never taught I was going to make some huge gains without any other fund being add. No new money had been add in, but some changes had been made.

Highlights on recent portfolio changes

I had been holding more than 3 000$ in the RBC O’Shaughnessy Canadian Equity Fund for quite some time. I was holding my RBC O’Shaughnessy Canadian Equity Fund units in the TFSA. I decided to sell the units and cash in the cash outside the TFSA. The sell was made very quickly and the next morning, the money was available in my chequing account. After what, I decided to invest in 200 stocks of Colabor Group Inc. (GCL) and 200 stocks of Student Transportation (STB).

Also, I don't know if you have notice, but my Maritime Life Trimark Europlus Seg Fund had now become Manulife GIF MLIA B World Invest. The Maritime Life Trimark Europlus Seg Fund.

Again with RBC, I had a 1 000$ GIC in my RRSP that arrives on its due date. That was a 1 000$ of 3 years that didn't generate any money: 0$! That GIC was link to the TSX index. It was a major deception to learn that my GIC did not generate any income. But guess what? From now on, I will no longer invest in GIC.

I invest the 1 000$ in the RBC Global Precious Metals Fund. Within a week, the investment provided me a gain of 27.38$! Much better! Eventually, I will proceed with some other changes in my RRSP holding.

Following those changes, my portfolio gain 1 864.30$, despite the TSX closing at 13 791.85 points (-49.49).

Good news as well for my Internet income which is slowly going up! Thanks for your support! I should received a 145$ payment for the month of January. I also begin to use Swagbucks a bit more. Each time I reach 700 points (by mostly using the Swagbucks search online and by watching their videos in my free time). I am now at more than 1000 points. For each trench of 700 points, I qualify to a 5$ payout... Not much, but Swagbucks is fun to use and there's also plenty of prizes other than cash that can be order. Swagbucks is free to join. I hope to be able to reach the 200$ in online income soon... 

My stock investment portfolio on date of February 4, 2011

Savings:
1 276.27$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 9 164.19$
Timminco (TIM): 102$
Blue Note Mining (BNT): 48$
Bank of Nova Scotia (BNS): 6 237.03$
Hanwei Energy Services (HE): 120$
Methanex Corporation (MX): 2 884$
Fortis (FTS): 3 752.49$
Pembina Pipeline Corporation (PPL):
9 681.88$
Just Energy Group Inc. (JE): 11 988.48$
Yellow Media Inc. (YLO): 2 923.20$
Bell Aliant Inc. (BA): 5 485.06$
Pengrowth Energy Corporation (PGF): 2 687.84$
Enbridge Income Fund Holdings Inc. (ENF): 5 649.60$
Corby Distilleries Limited (CDL.A): 3 466.32$
Davis + Henderson Corporation (DH):
4 191.50$
Premium Brands Holdings Corporation (PBH):
3 147.04$
EnCana Corporation (ECA): 6 367.68$
Sprott Physical Silver Trust UTS (PHS.U): 2 600$
iShares S&P/TSX Capped REIT Index (XRE): 2 145.22$
Horizons Gold Yield Fund (HGY.UN): 1 960$
Canfor Pulp Products Inc. (CFX): 1 570$
Financial 15 Split Corp. (FTN): 1 020$
New Flyer Industries Inc. (NFI.UN): 2 316$
Superior Plus Corp. (SPB): 2 396$
Capital Power Income L.P. (CPA.UN): 1 950$
Exchange Income Corporation (EIF): 1 960$
Rogers Sugar Inc. (RSI): 1 683$
Student Transportation (STB): 1 330$
Colabor Group Inc. (GCL): 2 354$
Cash: 272.66$

TOTAL: 101 453.39$

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): 3 150.08$
Dumont Nickel Inc. (DNI): 359.38$
Cash: 7.79$

TOTAL: 3 517.25$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 505.85$
Claymore Gold Bullion ETF (CGL): 4 103.32$
EnCana Corporation (ECA): 3 168$
Emera Incorporated (EMA): 6 596.12$
Cash: 87.06$

CIBC Dividend Growth Fund: 575.42$
CIBC Emerging Markets Index Fund: 411.16$
CIBC Monthly Income Fund: 1 096.82$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 251.85$
GIC Plus TD: 500$

TD Canadian Bond: 117.29$
TD Monthly Income: 113.90$
TD Emerging Markets: 87.09$
TD Energy: 101.37$
TD Precious Metals: 145.01$
TD Latin American Growth: 99.61$
TD Entertainment and Communications: 127.66$
TD Dividend Growth: 216.78$
TD U.S. Mid-Cap Growth: 120.36$

Maritime Life International Equity Fund
(Templeton): 684.37$
Manulife Simplicity Growth Portfolio: 945.38$
Maritime Life CI Harbour Seg Fund: 1 128.40$
Maritime Life Fidelity True North Seg Fund:
1 114.89$
Manulife GIF MLIA B World Invest: 661.72$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 568.21$
RBC U.S. Mid-Cap Equity Fund C$: 2 065.46$
RBC Global Resources Fund: 1 317.83$
RBC O'Shaughnessy International Equity Fund: 689.28$
RBC O'Shaughnessy All-Canadian Equity
Fund: 1 241.41$
RBC Global Precious Metals Fund: 1 027.38$

TOTAL: 40 708.74$

Social Capital at Desjardins Membership share
for 3 accounts: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(149.78$):
147 145.43$

Welcome Student Transportation (STB), 200 stocks of STB in my portfolio

Recently, I invested in 200 stocks of Student Transportation (STB) following the advice of a reader. Ok, I stop you right here. It is not like its seemed. I am not going to invest in something just because I am being told by someone who supposedly read my blog that this or that investment is good. I invest in what I find interesting, whatever I believe can be a nice fit to my portfolio. And in this case, Student Transportation (STB) is a nice fit for my portfolio.

I did not regret my move. Since the time I initially invested in Student Transportation (STB) , I made an interesting gain of 88$. And Student Transportation (STB) is an interesting company if, like me, your looking for something really safe to invest in. Funny thing to say knowing that there's never safe investment when it come to stock, but I am now in my fourth year of stock investment, I am able to say that despite a stock market crash like the one live in 2008, a good diversification of asset is the key to keep it safe. It's the reason why that now more than ever, I am still investing in stocks. There's good money to be made on the stock market.

Ever dream to own a school bus? lol... Well, here's your chance to own part of a school bus...

Because yes, as it's name suggest it, Student Transportation (STB) is provider of school bus transportation services. Student Transportation (STB) was formely name Student Transportation of America Ltd.

Lou Schizas and Darcy Keith, both from the Globe and Mail had gave a positive review of Student Transportation (STB).

As for my part, I was amaze by the company. Ok, at first, a company doing business in the field of school bus can be seem as boring. But it's trully not. Because belive it or not, school bus is a business activity like any other one. Student Transportation Inc. (STI) is affordable (less than 7$ per stock at this time) and provide an excellent dividend yield to its investor.

I even received an email from a representative of Student Transportation Inc. (STI), which I find very kind of them.

If I am writing all this, it,s not only because I am very please about the email thing, it's because just like me, I want you to be able to enjoy the benefit of investing in a company like Student Transportation Inc. (STI). Reliable company, stable, willing to extend their business, affordable and good dividend yield. You will get all that with Student Transportation Inc. (STI). Student Transportation Inc. (STI) pay to their investors an excellent dividend yield of 8.171%. Student Transportation Inc. (STI) dividend is being paid on a monthly basis. The monthly distribution amount is of 0.046 cents per stock.

You can follow Student Transportation Inc. (STI) on Facebook and visit their Web site right here.

Welcome Colabor Group Inc. (GCL), 200 stocks of GCL in my portfolio

Colabor Group Inc. (GCL) is base in Boucherville (QC), a locality close to Montreal. GCL distributes dry goods, frozen foods and refrigerated foods to 68 wholesale food distributors in Quebec, Ontario and the Maritimes. The company had been in operation since 1962.

Since that time, Colabor Group Inc. (GCL) had made several acquisitions. The latest Colabor Group Inc. (GCL) acquisition was completed on February 8, 2011. On that dat, Colabor Group Inc. (GCL) acquired Les Pêcheries Norref Québec Inc. ("Norref"). Les Pêcheries Norref Québec Inc. is a Quebec province based company specialize in the distribution of distributor of fresh fish and seafood products in the province of Quebec and the Ottawa region.

Colabor Group Inc. (GCL) pay a quarterly dividend of 26.91 cents, for an annual dividend of 1.0764$. Colabor Group Inc. (GCL) dividend yield is of a very good 9.176%.

Another exciting trading day!

Today was a very good day. I invested in 200 stocks of Colabor Group Inc. (GCL) and 200 stocks of Student Transportation (STB). I am now at more than 100k in my Canadian non registered account. My annual dividend income for 2011 is now set at 7 300$. Nothing for sure, dividend payment can be suspend at anytime but chances are that I will probably be able to earn 7 300$ in dividend from my investment. For once, I am very satisfy, but the activities of the last couple of days left me quite exhausted and I am happy, everything is set for a while. I will have a daily follow up to do but I had invested in what I believe are good companies and I really hope everything will be ok.

I could easily reach the 8 000$ in dividend income without any problem. My sell order for 500 stocks of Sprott Inc. (SII) is still open. In order to easily reach the 8 400$ in dividend income, I could sell all of the units hold of Sprott Inc. (SII) (which represent more than 1 000 stocks) and reinvest the money in higher dividend payer companies. I could also sell the units I hold of Sprott Physical Silver Trust UTS (PHS.U) because this investment do not provide me any dividend. Another drastic move would be to sell everything hold inside the RRSP and cash it out... It could result in maybe 20 000$ or maybe more... But I won't perform any of those moves anytime soon. Just for now, I have a sell order for 500 stocks of Sprott Inc. (SII) at 9.60$ and that's all for now. 7 300$ in dividend income should satisfy me for a little while.

At this point, my next step would be to decrease, even just a bit, my debt level. I hold more than 60k in debt and decreasing would just make things lot more better. I realize I have a lot of debt but it's not really a problem for me. But since I am very please with my 7 300$ dividend, I may now concentrate on paying debt. Even just a little. I had pay off my 5 000$ credit line at 8.75% using my margin money. I have that 10 000$ credit line at less than 8%. Less than 8% yes, but eventually, if I could manage to pay off 50% of it, I would be very happy.

So those were my latest financial news.

But oh, I almost forgot to comment on the very bad review made by Ellen Roseman on Derek Foster latest book. Ellen Roseman is not that much of a financial journalist and I am going to explain you why.

If you are a long time reader of My first 50k blog, you know, just like me, that the most exciting part of my investment journey had started after the reading of Derek Foster books. As a big recap, I had been investing since 2005. From 2005 to 2007, i exclusively invest in GICs and mutual funds. And financially speaking, I was going no where. But than, in 2008, i began to read the Canadian Business Forum. It's there I learn about Derek Foster and his Stop Working book. His whole thing seem to be unreal for me at first. How can a middle class individual can live without working? I didn't understand anything of what Derek Foster was all about at first. Trully nothing at all. But I continue to read his posts on Canadian Business because I found his style sooo polite despite very bad comments in some occasions. So I told myself that if the guy was getting very push down, it was because he knew what he was doing. And as always (lol), I was right. "The guy", Derek Foster, knew it all. I purchase all of Derek Foster books, read them I don't know how many times, finally understood what it was all about and run to TD Waterhouse office located at the Eaton Centre to open my broker account. Little that I knew back them in what I was going to get into...

I begin to invest in stock in 2008, right before the stock market crash. I made and loss money. And belive it or not, I only made money from Derek Foster stock picks and NEVER LOSS ANY MONEY. I loss money from penny stocks trading (something Derek Foster never talk about and its a good thing trust me). I also lost money in my Timminco (TIM) adventure. I talked about this like crazy previously so you can just search for Timminco in the search engine at your right if you want to learn more about it. Despite my lost, I made more money than from what I lost.

Since my Timminco experience, I made myself the promise to give up on stock if I was going to loose money ever again. You have to understand that with my Timminco adventure, I lost 4 000$. This meaning that Eric Sprott himself own me 4 000$ but that's another story.

Following the stock crash of 2008, my portfolio never loss more than 30% in value but still, I wanted the fantastic gain, I wanted a Stop working adventure and now, everything was taking away from me.

And than, that thing happen, my guru (lol) Derek Foster sell out his portfolio. Everything was wrong, I was left without a guru. Derek Foster sold his portfolio, Jean-François Tardif was leaving the public financial scene, Steve Martin was leaving Crestreet and I was left alone, without any guru... lol... And I was wondering, at a point, what I was going to do. But for me, despite the horrible market condition, I wasn't going to sell.

But this is because I don't have a real knowledge on thing. I read financial statement and other from companies, all stuff that I ever truly understand. I do not read the financial result of a company before investing. I do a work around, reading yes, but nothing in the deep. Because I don't have the knowledge. I am not going to lie and say ok, I know it all, I know exactly what I am doing and I am doing all the homework required. That's not true. My personal next step will be to seek more for that knowledge. Anyhow, you get the point.

The problem here is that Derek Foster hold that knowledge. And when you have the knowledge to go deeper in things, you can analyze and make your own opinion out of a situation. And Derek Foster opinion about the crash was the one of a specialist, the same one as Eric Sprott saying something like governments worldwide had injected to much money in the economy that the economy we live in is not a real one. Or not a natural one. So at a point, selling stocks is the only solution. Especially when, like Derek Foster, you have a family to take care of. There was a time where selling appear as the best solution for Derek Foster. At first, I didn't understand his move, but later on, after reading shocking (because Eric Sprott is always sooooooo shocking) comments of Eric Sprott on the economy well, I told myself, Derek Foster was right. He was right at the time he sell.

Being on the stock market is dangerous. I could loose everything I have. Part of me can live with that without any problem. My real problem is that I have too much faith, I love to invest too much and after now 6 years of investment, I could not stop. It had become a need. But also a willingness to see what's going to happen next. Fact is that I know I won't ever loose everything.

See, its part of the game, there's always a contradiction, something to keep you there, just going, going and going.

I made thousands of dollars on Derek Foster picks and my investment life would had been very less interesting without his knowledge.

I don't want a perfect scheme, I want it to pop all over the place.

Edition mistakes in Derek Foster books? I LOVE THEM. It keep it real, far away from the artificial blabla.

Investment mistakes? I did mine, and a bunch of them. And so did Derek Foster. So when that poor Ellen Roseman comments Derek Foster work the way she did, it only show her ignorance and her stupidity. I don't think Ellen Roseman is actived on the stock market. She seemed to be a bit too idiot for that. Did Ellen Roseman ever write a book to help small investor? Does she provide any investment tips that ever made thousands of dollars? The answer to those questions is a big NO. A complete inactive journalist with no investment talent and no talent at all. That's what that Ellen Roseman is for me.

If Derek Foster had decided to sell his investments, its because he was aware of what was going on. But his come back in stock make me happy because hey, I wouldn't like to be left without any guru!

One of the only thing I don't like about Derek Foster Idiot Millionaire is that Derek Foster named Power Financial as a possible holding for Idiot investor like myself. My problem being that one of those jerks work for Power Financial as Vice President. His name is Henri-Paul Rousseau, ex CEO of the Caisse de dépôt et placement du Québec. Please do your search on the man and let me know if its ok for me to feel like screaming when I read about Power Financial in the latest book of Derek Foster. But that's the only thing. Otherwise, Derek Foster is that perfect that I once wrote that he was an angel. But maybe the term was not appropriate lol (!!).

200 stocks of Colabor Group Inc. (GCL) and 200 stocks of Student Transportation (STB)

I just buy 200 stocks of Colabor Group Inc. (GCL) at 6.36$ and 200 stocks of Student Transportation (STB) at 6.36$. Also, I just received Sprott Inc. (SII) special dividend, 312$. I am now very close to the 100k in my non registered Canadian account!

Hello 3 071.49$ in cash from my sell of RBC O’Shaughnessy Canadian Equity Fund

I received the money from my sell of RBC O’Shaughnessy Canadian Equity Fund this morning. Just like I expected it, I had received 3 071.49$ in my chequing account, outside my TFSA. I announced some investment I was going to make, but I decided to take off my list Veresen Inc. (VSN), TDb Split Corp. (XTD) and Provident Energy Ltd. (PVE). Just for now.

One of my reader post about a company name Student Transportation (STB). I find the company very great, something very stable and what Jean-François Tardif would probably comment on the same way he did for EnerCare Inc. (ECI) a too long time ago: something very conservative in the sense of stable and strong. In French, I would had used the word "pépère". And this is exactly what I need. A "pépère" investment. And talking about Jean-François Tardif, I don't know if you have notice, but his Premium Brands Holdings Corporation (PBH) had performed extremely well lately: the price stock now exceed the 15$!  I am very happy to hold this investment, but 2009-2010 hasn't been easy for Premium Brands Holdings Corporation (PBH) in the sense that I found personally that the stock price was a bit volatile. But I stick and hold and now, tadam, hello good wonderful profit and thank you Jean-François Tardif, whenever you are on earth. Thank you.

Tomorow morning, I plan to invest in the following:

200 stocks of Colabor Group Inc. (GCL) for an approximate value of 2 392$
Dividend yield: 9%
Dividend income: 215.20$

200 stocks of Student Transportation (STB) for an approximate value of 1 274$
Dividend yield: 8.76%
dividend income: 112$

After what, my annual dividend income for 2011 will be of 7 301.83$ (probably). I may invest again later on when my 500 stocks of Sprott Inc. (SII) will be sell. But until that time, a 7 301.83$ in dividend income is enough for me. I have a feeling I can easily reach the 8k without any trouble. It is really that easy. And hello dividend cash. $$$

My stock investment portfolio on date of February 1, 2011

Savings:
1 276.27$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 8 619$
Timminco (TIM): 110$
Blue Note Mining (BNT): 44$
Bank of Nova Scotia (BNS): 6 145.01$
Hanwei Energy Services (HE): 126$
Methanex Corporation (MX): 2 912.84$
Fortis (FTS): 3 727.88$
Pembina Pipeline Corporation (PPL):
9 543.32$
Just Energy Group Inc. (JE): 11 996.16$
Yellow Media Inc. (YLO): 2 932.80$
Bell Aliant Inc. (BA): 5 509.42$
Pengrowth Energy Corporation (PGF): 2 717.80$
Enbridge Income Fund Holdings Inc. (ENF): 5 649.60$
Corby Distilleries Limited (CDL.A): 3 484.50$
Davis + Henderson Corporation (DH):
4 213.72$
Premium Brands Holdings Corporation (PBH):
3 151.20$
EnCana Corporation (ECA): 6 458.13$
Sprott Physical Silver Trust UTS (PHS.U): 2 562$
iShares S&P/TSX Capped REIT Index (XRE): 2 131.36$
Horizons Gold Yield Fund (HGY.UN): 1 980$
Canfor Pulp Products Inc. (CFX): 1 495$
Financial 15 Split Corp. (FTN): 1 016$
New Flyer Industries Inc. (NFI.UN): 1 952$
Superior Plus Corp. (SPB): 2 390$
Capital Power Income L.P. (CPA.UN): 1 952$
Exchange Income Corporation (EIF): 1 985$
Rogers Sugar Inc. (RSI): 1 665$
Cash: 269.94$

TOTAL: 96 739.68$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
3 071.49$
EnerCare Inc. (ECI): 3 137.24$
Dumont Nickel Inc. (DNI): 345$
Cash: 7.79$

TOTAL: 6 561.52$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 348.08$
Claymore Gold Bullion ETF (CGL): 4 076.28$
EnCana Corporation (ECA): 3 213$
Emera Incorporated (EMA): 6 672.34$
Cash: 87.06$

CIBC Dividend Growth Fund: 572.76$
CIBC Emerging Markets Index Fund: 410.88$
CIBC Monthly Income Fund: 1 096.82$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 251.85$
GIC Plus TD: 500$

TD Canadian Bond: 118$
TD Monthly Income: 113.55$
TD Emerging Markets: 87.56$
TD Energy: 102.56$
TD Precious Metals: 141.33$
TD Latin American Growth: 103.09$
TD Entertainment and Communications: 125.98$
TD Dividend Growth: 214.66$
TD U.S. Mid-Cap Growth: 118.97$

Maritime Life International Equity Fund
(Templeton): 683.13$
Manulife Simplicity Growth Portfolio: 937.71$
Maritime Life CI Harbour Seg Fund: 1 112.72$
Maritime Life Fidelity True North Seg Fund:
1 073.80$
Manulife GIF MLIA B World Invest: 658.54$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 564.40$
RBC U.S. Mid-Cap Equity Fund C$: 2 047.28$
RBC Global Resources Fund: 1 308.55$
RBC O’Shaughnessy International Equity Fund: 699.84$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 238.58$

GIC Canadian Market: 1 000$

TOTAL: 40 519.53

Social Capital at Desjardins Membership share
for 3 accounts: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(144.13$):
145 281.13$

Selling my units of RBC O'Shaughnessy Canadian Equity Fund

I am so very happy right now! Today, the TSX gains points again! I watch the TSX going up for a big part of the day. I had my lunch set up at 3:30pm today: right on time to call RBC before 4pm. Until today, I own 209.10 units of RBC O'Shaughnessy Canadian Equity Fund.

Today, RBC O'Shaughnessy Canadian Equity Fund close at a fantastic 14.6891$ per unit. This mean that I should be receiving 3 071.49$ in my chequing account! I had been holding RBC O'Shaughnessy Canadian Equity Fund for a very long time. Despite holding RBC O'Shaughnessy Canadian Equity Fund for a very long time, my money made in the fund is only of 71.49$. My original investment value in the RBC O'Shaughnessy Canadian Equity Fund was of 3 000$.

Anyhow, I should be receiving the money very soon and I forget when because I was way too excited lol! Like wow, everything is working so well! Perfect timing, the stock market is up, and I have a few other investment waiting for me (Colabor Group Inc. (GCL), Veresen Inc. (VSN), TDb Split Corp. (XTD) and Provident Energy Ltd. (PVE)).

Welcome to Rogers Sugar Inc. (RSI), 300 stocks of RSI in my online future trading brokerage

Rogers Sugars Inc. (RSI) is another latest investment. Rogers Sugars Inc. (RSI) is a Montreal base company that currently trade under 6$ per stock, which made RSI very affordable to all. It's a good deal and you could see the value of Rogers Sugars Inc. (RSI) rise in the next couple of weeks. Why? The reasons are good, according to search I conduct online. This is all pure speculation as always, but chances are that Rogers Sugars Inc. (RSI) will increase in value.

Rogers Sugar Inc. (RSI) manufactures and distributes sugar. On February 4, 2011, a big cyclone, name Cyclone Yasi completely destroy Queensland sugarcane industry. Queensland is located in Australia. Queensland is the world third largest exporter of sugar. Following the sad event of Queensland, the price of sugar climb on a 30-year high on supply concerns. To learn more about this event, you can click here.

The need for sugar will increase because its third largest distributor is not able to operate. As a company, Rogers Sugar Inc. (RSI) has an annual nominal production capacity of approximately 1,000,000 metric tons.

Rogers Sugar Inc. (RSI) pay a quarterly dividends of $0.085 per share. The dividend yield of Rogers Sugar Inc. (RSI) is of 6.039%. The dividend yield is good. And on top of that, we have good chances to earn great value gains when it come to Rogers Sugar Inc. (RSI).

Just recently, Rogers Sugar Inc. (RSI) announced a dividend of $0.0850 per share of record on March 31, 2011, payable on or before April 20, 2011. Great! I qualify for the April distribution!

Welcome to Exchange Income Corporation (EIF), 100 stocks of EIF in my stock investment portfolio

More about EIF soon!

Welcome to Capital Power Income L.P. (CPA.UN), 100 stocks of CPA.UN in my stock investment portfolio

More about CPA.UN soon!

It's trading Monday, get ready for action in my online future trading brokerage

Usually I post about my trade made inside my online future trading brokerage of almost in real time, but this time, I was not able to do so. Here's my online stock market trading for today:

I sold 100 stocks of Bank of Nova Scotia (BNS). Canadian bank stocks are not for me, but I still own more than 100 stocks of Bank of Nova Scotia (BNS) inside my stock investment portfolio. The amount earn this way was of 5 675$ and I immediately continue by buying 100 stocks of Capital Power Income L.P. (CPA.UN) for an investment value of 1 969$, 100 stocks of Exchange Income Corporation (EIF) for an investment value of 1 989$ and and 300 stocks of Rogers Sugar Inc. (RSI) for an invetsment value of 1 674.99$. I like to trade commodities online, among other.

It's been quite a busy Monday. I also had called RBC financial group online banking about the selling of RBC O'Shaughnessy Canadian Equity Fund. Selling mutual fund is never easy because you never who at which price your going to sell your units. I remember that from my sell of my Crestsreet Alternative Energy Fund from the alternative energy mutual funds family that I sold last year. According to the RBC expert I talk to, the best way to sell mutual fund is to call before 4PM . The representative told me to take a look at the biggest holder of the mutual fund and if I see if they are on the high during the day. And than, if it's the case, to call back, but to call back before 4PM. If not, the sell order will go for the next business day, without a pulse of the stock market investment. I will keep an eyed on the online stock market investing tomorrow and if I see the Toronto stock exchange market is up again, I will call RBC and place my sell order for the RBC O'Shaughnessy Canadian Equity Fund.

It's never fun to sell an investment but in this case, not to say that "it's all about money" (like I explain on my dada sentence on top of my blog), but this time, it's all about reaching a dividend goal.

Also, I ask to the RBC rep how much will it be to transfer money from RBC to a commodity trading broker account hold outside the RBC channel. It's quite expensive, its 50$ per transfer type. So let's say you transfer your TFSA own at RBC to TD Waterhouse, that will cost 50$. It will cost you another 50$ to transfer your RRSP money from RBC to TD Waterhouse online. I know TD Waterhouse give 100$ or something alike whenever you bring in a what I remember is 10 000$ into their service. But I just don't remember. To trade stocks online with TD Waterhouse securities is SO EASY. That's the reason I would be willing to transfer everything into my online future trading brokerage hold with TD Waterhouse online.

I own my units of RBC O'Shaughnessy Canadian Equity Fund inside my TFSA. It doesn't worth it to pay 50$ for a TFSA transfer so I am just going to cash out the money outside the TFSA. I don't really have a choice and at this point, the TFSA is just not made for me. I explain that previously. This is because I decide to open a margin account and do margin borrowing. I have to say, buying stocks on margin is one of the easiest thing. It can be quite addictive (that's how I got enroll in more than 60k of debt... yeah.. lol).

TFSA holding are not being consider for margin investment. So bye-bye TFSA. But just for now.

Because yes, TFSA worth it, but only if you are extremely good at managing your money and, to tell the true, I like investing too much to be able to say that yeah, I got it all the way. Because no, I don't have it all. Well, not yet.

I am not saying that any of this are the best moves ever or that I am investing in the best companies ever. All of this is an ultimate try to increase my dividend income. Among the way, I also try to bring diversification in. Once everything will be completed, I will be satisfied. The only thing left to do is watch the dividend income hit my cash account or DRIP, depending of the admisibility. My dividend income still registered under a DRIP, despite the fact that it will be soon exceeding the 7 000$. I have to say, it's quite tempting to just cash in the dividend, but a DRIP, even just 1 or 2 extra stocks per month or quarter,will make a difference on the long run.

I could had wait for Bank of Nova Scotia (BNS) to gain more value, but I just couldn't wait. I had to sell another 100 stocks and I wanted to get the plan all set up now! Right now! Yeahh!

So at this time, there's only a couple of online stock investing missing from my dividend team:

200 stocks of Colabor Group Inc. (GCL) for an approximate value of 2 392$

Dividend yield: 9%

Dividend income: 215.20$

200 stocks of Veresen Inc. (VSN) for an approximate value of 2 566$

Dividend yield: 7.70%

Dividend income: 200$

200 stocks of TDb Split Corp. (XTD) for an approximate value of 1 386$

Dividend yield: 8.70%

Dividend income: 120$

147 stocks of Provident Energy Ltd. (PVE) for an approximate value of 1 181$

Dividend yield: 6.90%

Dividend income: 79.38$

Those last couple of investments worth together more than 7 000$. I don't know when exactly I will be investing in them. But time will tell. It will be whenever I feel like it.

I always have that sell limit order for 500 stocks at 9.60$ of Sprott Inc. (SII) that is open. I am not in a rush to sell this one but I wonder if Sprott Inc. (SII) will ever hit the 9.60$ ever again on the Toronto stock exchange market.

What a 7 128.01$ in dividend earning can change in my life

In my previous post, I announced changes that I plan to make in my investment portfolio. Following those changes, I will be earning a 7 128.01$ in dividend (outside RRSP), for an equivalent of 594$ per month. No big deal, you might think... well, yeah, its a big big deal!

To help you understand the reason of the deal, we'll review my budgeting planning. Here's my monthly budget:

Rent: 555$
Minimum payment required on retirement savings plans loan: 111$
Minimum payment required on credit line 1: 100$
Student loan debt consolidation: 98$
Minimum payment required on credit line 2 (interest only line of credit): 70$
Minimum payment required on credit card balance transfer offer at 4.9%: 44$
Internet: 51$
Banking fees: 6$
TOTAL: 1 035$

To the 1 035$, I will add the minimum of the minimum required for food... 250$

1 035$ + 250$ = 1 285$ - the 100$ payment required on credit line 1 (renewable credit extremely renewable from a month to another...)

= 1 185$

1 185$ - 594$ (dividend)
= 591$

What mean that 591$? It's the 591$ that I missing to be able to live from my dividend! This mean I could work only part-time at my weekend job and I could be able to make a living, working only 2 days a week. Of course, nothing of this will happen anytime soon, but I just wanted to illustrate the reason why this 7 128.01$ in dividend income is important.

Interesting, but its not anytime soon that I will be quitting my daytime job.

I am now at 144 709.79$

I had been quite busy lately with my online stock investing! I am please with the recent changes made to my online stock investment through my online future trading broker. The latest changes include the sell of 100 stocks of Bank of Nova Scotia (BNS). This trade bring in 5 674.01$ in cash. I still own 207 stocks of Bank of Nova Scotia (BNS). The goal was to invest in high dividend payer companies. Bank of Nova Scotia (BNS) is a good company (its a Derek Foster stock) to hold inside an online investment portfolio, but it only provide a dividend yield of 3.499%. I hold a lot of debt and, at this point, its a I pay off my debt or I invest in higher dividend companies situation. I don't have any debt management plans at this time.

Because I don't plan to pay off debt anytime soon, I decide to reinvest the 5 674.01$ into 3 super dividend stock funds: Superior Plus Corp. (SPB), New Flyer Industries Inc. (NFI.UN) and Financial 15 Split Corp. (FTN).

And here's now my dividend income from my online stock investment:

Non registered Investments:
Stocks and Units online investment portfolio
Sprott Inc. (SII): 102$ + special dividend of 60 cents for 520 stocks of Sprott Inc. (SII): 414$
Bank of Nova Scotia (BNS): 405.72$
Methanex Corporation (MX): 63.86$
Fortis (FTS): 124.12$
Pembina Pipeline Corporation (PPL): 675.48$
Just Energy Group Inc. (JE): 949.25$ + special dividend of 20 cents (the special dividend of JE haven't been declared yet, but it will probably be of at least 20 cents) = 1 102.85$
Yellow Media Inc. (YLO): 311.04$
Bell Aliant Inc. (BA): 385.70$
Pengrowth Energy Corporation (PGF): 179.76$
Enbridge Income Fund Holdings Inc. (ENF): 369.79$
Corby Distilleries Limited (CDL.A): 113.12$
Davis + Henderson Corporation (DH): 370.87$
Premium Brands Holdings Corporation (PBH): 244.61$
EnCana Corporation (ECA): 160.80$
iShares S&P/TSX Capped REIT Index (XRE): 112.73$
Horizons Gold Yield Fund (HGY.UN): 130$
Canfor Pulp Products Inc. (CFX): 140$
Superior Plus Corp. (SPB): 324$
New Flyer Industries Inc. (NFI.UN): 234$
Financial 15 Split Corp. (FTN): 150.84$

TOTAL: 6 013.29$

Tax free savings account (TFSA):
EnerCare Inc. (ECI): 277.34$

TOTAL: 277.34$

Retirement investing:
EnCana Corporation (ECA): 80$
Emera Incorporated (EMA): 267.80$

TOTAL: 347.80$

OVERALL TOTAL: 6 638.43$

At this point, my dividend income largely cover the interest of my debt:

Online stock investment dividend income 6 638.43$ - interest own on debt 3 227.71$
= 3 410.72$

It's a reason why I am not very plug into paying debt. Dealing with debt is not a problem for me. I could hold 100k in debt that it wouldn't be bothering me, as long I can make the minimum payment required on the loan and as long my dividend income exceed the interest own on debt.

Anyhow, this past week, several changes happen in my online investment portfolio and it's not even over yet! 6 638.43$ in dividend? NOT ENOUGH! This past week, I had sell stock online, 100 stocks of Bank of Nova Scotia (BNS).

Watch out: whenever the market will be good, I plan again to sell stock online. I will be selling another 100 stocks of Bank of Nova Scotia (BNS). I should be able to earn around 5 700$. And again, I plan to reinvest the money is higher dividend payers.

I won't sell all of my BNS stocks. I plan to keep the original 100 stocks I invested back in the time. But all exceeding stocks of Bank of Nova Scotia (BNS) WILL BE SELL.

Also, I plan to sell the extra 500 stocks of Sprott Inc. (SII) that I currently hold to simply keep the 520 stocks. Back in 2008, Sprott Inc. (SII) was my very first online stock investment. I don't plan to sell my original investment in Sprott. It's a keep it for life investment kind of type. Because it was my first one. I had been a long time investor of RBC O’Shaughnessy Canadian Equity Fund. I won units of RBC O’Shaughnessy Canadian Equity Fund inside my Tax-free savings account (TFSA). The fund is good, but its not an extra performer and I have enough. I plan to sell my RBC O’Shaughnessy Canadian Equity Fund units, and cash the money outside my TFSA. Which mean I plan to withdraw 3 000$ from my TFSA. The money will be deposit in my non registered Canadian online future trading brokerage account. And you know what we'll be doing with it? Buy stock online through online stock investing! Again!

This is all very nice of course, but in which company do I plan to invest in? All combine together, those 3 sells will bring 13 100$ in fresh cash, cash available immediately for online stock investing. The cash will to go were it belong: the Toronto stock exchange market.

Here's how I plan to reinvest the money in my online broker day trading:

100 stocks of Exchange Income Corporation (EIF) for an approximate value of 2 000$
Dividend yield: 7.907%
Dividend income: 156$

300 stocks of Rogers Sugar Inc. (RSI) for an approximate value of 1 638$
Dividend yield: 8.424%
Dividend income: 136.80$

200 stocks of Colabor Group Inc. (GCL) for an approximate value of 2 392$
Dividend yield: 9%
Dividend income: 215.20$

100 stocks of Capital Power Income L.P. (CPA.UN) for an approximate value of 1 937$
Dividend yield: 9.30%
Dividend income: 176$

200 stocks of Veresen Inc. (VSN) for an approximate value of 2 566$
Dividend yield: 7.70%
Dividend income: 200$

200 stocks of TDb Split Corp. (XTD) for an approximate value of 1 386$
Dividend yield: 8.70%
Dividend income: 120$

147 stocks of Provident Energy Ltd. (PVE) for an approximate value of 1 181$
Dividend yield: 6.90%
Dividend income: 79.38$

TOTAL of dividend income of my online broker day trading: 1 083.38$

6 638.43$ - 246$ (dividend of 100 BNS stocks and 500 stocks of SII) =
6 392.43$
+ 1 083.38$
= 7 475.81$

If I leave behind the RRSP dividend, its 7 128.01$ that I will earn in dividend income on a yearly basis with the help of the Canadian stock markets.

A 7 128.01$ in dividend earning outside RRSP is good, but I could make it even better. How? By selling the units I own of Sprott Physical Silver Trust UTS (PHS.U). Sprott Physical Silver Trust UTS (PHS.U) do not pay any dividend. I could eventually sold Sprott Physical Silver Trust UTS (PHS.U) to invest in another dividend payer corporation, but I won't do so. I could also sell the stocks I own of Dumont Nickel Inc. (DNI) and invest the money in something like Rogers Sugar Inc. (RSI), but I won't for now. I like my Sprott Physical Silver Trust UTS (PHS.U) and Dumont Nickel Inc. (DNI) too much for that. And online investment shouldn't just be of dividend anyway. Its not anytime soon I will be able to live on dividend like you know who, but the possibility is getting closer. At this point and with the changes I plan to do, I think that my online investment portfolio will be good enough for me.

My debt situation on date of January 28, 2011

9 364.02$ at a low interest rate of 4.75% (RRSP credit line rates) = 444.79$ in annual interest

4 900$ at a low interest rate of 4% (credit line rates) = 196$ in annual interest

0$ credit line at 8.75% = 0$ in annual interest

7 966.23$ on a TD Canada Trust credit card at a low interest rate of 4.9% ending in April 2011 (result of a credit card balance transfer)
= 390.35$ in annual interest

7 842.99$ at low interest rate loan at 5.50% (student loan) = 431.36$ in annual interest

10 000$ at 7.27% (credit line rates) = 727$ in annual interest

24 428.12$ at a low interest rates of 4.25% (margin money coming from TD Water house): =
1 038.20$ in annual interest

TOTAL: 64 501.36$

TOTAL in annual interest: 3 227.71$
[In date of January 28, 2011]

My stock investment portfolio on date of January 28, 2011

Savings:
1 276.27$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 8 874$
Timminco (TIM): 110$
Blue Note Mining (BNT): 42$
Bank of Nova Scotia (BNS): 11 596.14$
Hanwei Energy Services (HE): 123$
Methanex Corporation (MX): 2 851.04$
Fortis (FTS): 3 632.65$
Pembina Pipeline Corporation (PPL):
9 569.30$
Just Energy Group Inc. (JE): 11 834.88$
Yellow Media Inc. (YLO): 2 908.80$
Bell Aliant Inc. (BA): 5 448.52$
Pengrowth Energy Corporation (PGF): 2 681.42$
Enbridge Income Fund Holdings Inc. (ENF): 5 713.80$
Corby Distilleries Limited (CDL.A): 3 504.70$
Davis + Henderson Corporation (DH):
4 201.60$
Premium Brands Holdings Corporation (PBH):
3 080.48$
EnCana Corporation (ECA): 6 417.93$
Sprott Physical Silver Trust UTS (PHS.U): 2 444$
iShares S&P/TSX Capped REIT Index (XRE): 2 148.30$
Horizons Gold Yield Fund (HGY.UN): 1 940$
Canfor Pulp Products Inc. (CFX): 1 495$
Financial 15 Split Corp. (FTN): 1 006$
New Flyer Industries Inc. (NFI.UN): 2 360$
Superior Plus Corp. (SPB): 2 370$
Cash: 260.59$

TOTAL: 96 614.15$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
3 023.82$
EnerCare Inc. (ECI): 3 154.36$
Dumont Nickel Inc. (DNI): 330.63$
Cash: 7.79$

TOTAL: 6 516.60$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 242.41$
Claymore Gold Bullion ETF (CGL): 4 059.38$
EnCana Corporation (ECA): 3 193$
Emera Incorporated (EMA): 6 600.24$
Cash: 87.06$

CIBC Dividend Growth Fund: 563.99$
CIBC Emerging Markets Index Fund: 408.55$
CIBC Monthly Income Fund: 1 088.51$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 251.85$
GIC Plus TD: 500$

TD Canadian Bond: 118.34$
TD Monthly Income: 112.60$
TD Emerging Markets: 87.38$
TD Energy: 99.61$
TD Precious Metals: 139.84$
TD Latin American Growth: 101.24$
TD Entertainment and Communications: 124.46$
TD Dividend Growth: 210.62$
TD U.S. Mid-Cap Growth: 116.98$

Maritime Life International Equity Fund
(Templeton): 677.28$
Manulife Simplicity Growth Portfolio: 932.52$
Maritime Life CI Harbour Seg Fund: 1 104.59$
Maritime Life Fidelity True North Seg Fund:
1 061.93$
Manulife GIF MLIA B World Invest: 659.81$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 554.82$
RBC U.S. Mid-Cap Equity Fund C$: 2 008.41$
RBC Global Resources Fund: 1 270.43$
RBC O’Shaughnessy International Equity Fund: 684.54$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 223.10$

GIC Canadian Market: 1 000$

TOTAL: 40 123.71$

Social Capital at Desjardins Membership share
for 3 accounts: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(139.06$):
144 709.79$

Welcome to Financial 15 Split Corp. (FTN), 100 stocks of FTN in my online future trading brokerage

I don't like to hold too much financial stuff inside my portfolio. Bank stocks are expensive and pay a dividend yield of less than 5%. For small investors looking to maximize their investment in order to receive the highest dividend yield payment possible, bank stocks are not a good option. Yes, banks are great investments because they will gain in value over time, but their dividend yield is terribly low.

Financial 15 Split II Corporation (FTN) is a great option for small investor who want to get all the positive exposure possible to the financial sector AND received a great dividend yield payment. Taught it wasn't possible to get it all? Well, you were wrong! But now, at least, your getting to know a fantastic company, Financial 15 Split Corp. (FTN). Basically, Financial 15 Split Corp. (FTN) is a company that is extremely easy to understand: FTN had been found to provide investors the exposure to high quality financial stocks AND high dividend payment. Sound interesting?

Financial 15 Split Corp. (FTN) is a concentrate of the following companies: AGF Management Ltd., Canadian Imperial Bank of Commerce, CI Financial Corp., Bank of Montreal, Manulife Financial Corporation, Royal Bank of Canada, Goldman Sachs Group Inc., Wells Fargo & Co., Bank of America Corp., J.P. Morgan Chase & Co., TMX Group Inc., Citigroup Inc., Bank of Nova Scotia, Toronto-Dominion Bank and US Bancorp.

Financial 15 Split Corp. trades under 2 tickets: FTN and FTN.PR.A. I personally invest in FTN because the dividend payment is higher in FTN. FTN.PR.A is the preferred share of Financial 15 Split Corp. FTN pay a higher dividend than FTN.PR.A. Wonder about the dividend? If you decide, like me, to invest in Financial 15 Split Corp. (FTN), you'll earn an annual dividend of $1.5084. Financial 15 Split Corp. (FTN) dividend is being paid on a monthly basis. At this time, I don't know if Financial 15 Split II Corporation is eligible for DRIP. But I hope not. That way, for once, I will be able to enjoy the fresh cash.

I only invest in 100 stocks of Financial 15 Split Corp. (FTN) to begin with. Why? Because Financial 15 Split Corp. (FTN) is a concentrate of the financial sector. I already own many stocks of the financial sector: Sprott Inc. (SII), Bank of Nova Scotia (BNS), Davis + Henderson Corporation (DH), and, I will add it but I know its not exactly financial but its highly related, iShares S&P/TSX Capped REIT Index (XRE). Despite getting a higher exposure to the financial sector, I am happy with this new acquisition. Financial 15 Split Corp. (FTN) is being hold by the mountain lion hero himself.

Welcome to New Flyer Industries Inc. (NFI.UN), 200 stocks of NFI.UN in my online future trading brokerage

More about New Flyer Industries Inc. (NFI.UN) will be post soon!

Welcome to Superior Plus Corp. (SPB), 200 stocks of SPB in my online future trading brokerage

More to come about Superior Plus Corp. (SPB) will be post soon!

creditsolutions for margin users, a quick view on my debt situation and new commodity investment

I made some changes to my commodity investment portfolio today. I decided to sell 100 stocks of Bank of Nova Scotia (BNS). The value of this sell was of 5 674.01$ through my online future trading brokerage. This sell allow me to extend my portfolio in other companies. I really wanted to grow my dividend earning and I did. Following the sell of 100 stocks of Bank of Nova Scotia (BNS), I trade commodities online. Here's are my latest stock acquisitions:

200 stocks of Superior Plus Corp. (SPB);
200 stocks of New Flyer Industries Inc. (NFI.UN);
100 stocks of Financial 15 Split Corp. (FTN).

Those companies offer a high dividend yield and all are online stock trades for under 13$ per stock. I wouldn't invest any more in those companies for now, but they are fun to hold because their dividend distribution is very generous.

With those new stock acquisitions, I am now at 6 312$ in dividend earning (excluding my RRSP dividend). All of the dividend I earn are enroll into a DRIP related to my online future trading brokerage own at TD Waterhouse securities. So as you can imagine, I am very exciting with my new comers. I probably won't invest in new companies for the upcoming months because I hold more than 60 000$ in debt and reader debt busters comments make me realize that yeah, I am getting heavier in debt and I have to be careful. I had received a good debt advice. Who knows if another stock market crash is just around the corner?

Also, regarding my recent holding in Canfor Pulp Products Inc. (CFX), Superior Plus Corp. (SPB), New Flyer Industries Inc. (NFI.UN) and Financial 15 Split Corp. (FTN), I wouldn't recommend you to invest more than 100-200 stocks per those type of companies. Why? All of those companies trade below 20$ per stock. In case of another stock market crash, it could hurt badly your margin (if, like me, you hold a margin account) and/or your portfolio. And, also, never hold too much of the same company, that's the diversification rule online stock investing that I like to stick to. In order words: diversify your assets while investing in a online future trading brokerage. And as you can see in my commodity investment portfolio latest update, I like to diversify my assets in different companies, different sector. But I do not have specific allocation rules.

My way to invest is very free. While investing in stock market, I invest in whatever interest me. That's my rule. I prefer dividend payer. But one of my recent investment was an exception: Sprott Physical Silver Trust (PHS.U).

As for now, I wanted to bust my dividend income for the fun of it, because today, I didn't have better things to do than to online stock trades. But also, I have to say, reaching 6 312$ in dividend income, in an income that I can cash in if I want well, I have to say, it's something I am very happy about!

Currently, I have 64 218$ in debt. I am currently using 35% of my margin. At this point, I won't go deeper into debt, I won't use more than what I already use on my margin account. Things will remain the way they are. For tomorrow, I plan to make a payment of 1 400$ on my 8.75% line of credit. After what, I will have left 3 581.77$ to pay on the 8.75% credit line. I really need to pay off that debt completely. I will try to concentrate on the payment of this debt.

Also today I had received 150$ in dividend distribution from Bank of Nova Scotia (BNS).

My latest trade for today

I sell 100 stocks of BNS, for an amount of 5 674.01$. I purchase 200 stocks of SPB, 200 stocks of NFI.UN and 100 stocks of FTN.

My stock investment portfolio on date of January 26, 2011

Savings:
2 056.57$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 9 088.20$
Timminco (TIM): 100$
Blue Note Mining (BNT): 46$
Bank of Nova Scotia (BNS): 17 238.05$
Hanwei Energy Services (HE): 117$
Methanex Corporation (MX): 3 071.46$
Fortis (FTS): 3 640.14$
Pembina Pipeline Corporation (PPL):
9 482.70$
Just Energy Group Inc. (JE): 11 888.64$
Yellow Media Inc. (YLO): 2 956.80$
Bell Aliant Inc. (BA): 5 483.03$
Pengrowth Energy Corporation (PGF): 2 689.98$
Enbridge Income Fund Holdings Inc. (ENF): 5 614.29$
Corby Distilleries Limited (CDL.A): 3 559.24$
Davis + Henderson Corporation (DH):
4 266.24$
Premium Brands Holdings Corporation (PBH):
3 022.24$
EnCana Corporation (ECA): 6 496.32$
Sprott Physical Silver Trust UTS (PHS.U): 2 404$
iShares S&P/TSX Capped REIT Index (XRE): 2 151.38$
Horizons Gold Yield Fund (HGY.UN): 1 986$
Canfor Pulp Products Inc. (CFX): 1 492$
Cash: 0$

TOTAL: 96 793.71$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
3 020.34$
EnerCare Inc. (ECI): 3 222.84$
Dumont Nickel Inc. (DNI): 330.63$
Cash: 7.79$

TOTAL: 6 581.60$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 162.04$
Claymore Gold Bullion ETF (CGL): 4 086.42$
EnCana Corporation (ECA): 3 232$
Emera Incorporated (EMA): 6 608.48$
Cash: 87.06$

CIBC Dividend Growth Fund: 560.60$
CIBC Emerging Markets Index Fund: 424.26$
CIBC Monthly Income Fund: 1 046.11$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 251.85$
GIC Plus: 500$

TD Canadian Bond: 114.90$
TD Monthly Income: 109.80$
TD Emerging Markets: 88.95$
TD Energy: 97.94$
TD Precious Metals: 140.36$
TD Latin American Growth: 104.49$
TD Entertainment and Communications: 125.57$
TD Dividend Growth: 209.11$
TD U.S. Mid-Cap Growth: 118.04$

Maritime Life International Equity Fund
(Templeton): 685.65$
Manulife Simplicity Growth Portfolio: 936.44$
Maritime Life CI Harbour Seg Fund: 1 093.24$
Maritime Life Fidelity True North Seg Fund:
1 051.95$
Manulife GIF MLIA B World Invest: 659.81$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 552.83$
RBC U.S. Mid-Cap Equity Fund C$: 2 023.99$
RBC Global Resources Fund: 1 271.54$
RBC O’Shaughnessy International Equity Fund: 677.80$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 211.59$

GIC Canadian Market: 1 000$

TOTAL: 40 073.06$

Social Capital at Desjardins Membership share
for 3 accounts: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(126.69$):
145 671.63$

Welcome to Canfor Pulp Products Inc. (CFX) in my online future trading brokerage!

Canfor Pulp Products Inc. from the Toronto stock exchange market is my latest financial trading. I had acquired 100 stocks of Canfor Pulp Products Inc. and I am still very happy with this new acquisition. Canfor Pulp Products Inc. Toronto stock exchange quote is CFX.

To make a long story short, I am coming from the north of New Brunswick. The north part of New Brunswick is a bit poorer than the south. The north rely mostly on natural resources to survive. And forestry is an important sector of employment for natural resource jobs. So when it come to forest, pulp, paper and other, I am very close to all that as the vast majority of my family had been employed in that specific sector. I know that the market is very rough in the market pulp. Why can't New Brunswick duplicate a company like Canfor Pulp Products Inc. (CFX) to create jobs and do something right with our natural resources? I don't have a clue. There's only one Canfor Pulp Products Inc. (CFX) and I am now a holder of it! Without knowing that much of Canfor Pulp Products Inc. (CFX), I am already a very proud stockholder.

Before it's conversion in January 2011, Canfor Pulp Products Inc. (CFX) was an income fund known under the name of Canfor Pulp Income Fund (CFX.UN). As Canfor Pulp Income Fund (CFX.UN), Canfor was among those high yield income funds. Canfor Pulp Income Fund (CFX.UN) was paying an annual dividend of 3$ per unit. Canfor Pulp Income Fund (CFX.UN) had paid it's last dividend as in income fund on January 14, 2011.

While trading under Canfor Pulp Income Fund (CFX.UN), the company had declared a special dividend, which been named as a "supplemental cash of distribution" of 30 cents per unit for the units own on date of December 31, 2010. Back in the times, Canfor Pulp Income Fund (CFX.UN) were among the stocks paying highest dividends. (I know, I had missed some very good stuff!!!).

Myself, I like everything that go quick, I don't like to spend too much times over something. I like quick fast deal and voilà. And the result of what they are: interesting. That's the word I will use to describe my very own financial score: interesting. As you might had read previously, I first taught that our Canfor, the newly Canfor Pulp Products Inc. (CFX) was still paying a 3$ per stock, but it's not the case. I went too quickly on the blablabla reading I guess.

Because of their conversion into a corporation, many companies, just like Canfor Pulp Products Inc. (CFX), had to decrease their dividend distributions. Bell Aliant Inc. (BA), Davis + Henderson Corporation (DH) and Yellow Media Inc. (YLO) are among those companies, all ex very high yield income funds. A dividend distribution cut is always hard to take. But a distribution cut do not necessarily mean a decrease in the value of the stock. The stock value of Canfor Pulp Products Inc. (CFX) did not decrease following its conversion into a corporation set up. It remain relatively stable. Why? Many factors, including this one: the company stockholders had decided to stick to what they have invested in Canfor Pulp Products Inc. (CFX) no matter what. New company stockholders had came in also, etc etc etc. But also, I am very tempt to say that Canfor Pulp Products Inc. (CFX) is one of those very well manage companies, just like one of my very favorite: Just Energy Group Inc. (JE).

Following it's conversion, Canfor Pulp Products Inc. (CFX) still have an interesting dividend yield of 10.26% (from what I calculated and also coming from a reader comment). The annual dividend distribution is of 1.40$. This do not include special dividend. I am also very tempt to say that Canfor Pulp Products Inc. (CFX) could probably pay a special dividend for the financial year of 2011 when time will come.

Canfor Pulp Products Inc. (CFX) will proceed with the payment of its dividend on a quarterly basis. The first dividend distribution of Canadian stock Canfor Pulp Income Fund (CFX.UN) as Canfor Pulp Products Inc. (CFX) will be made just later on in 2011. The initial dividend had been established so far at 35 cents per quarter. According to Canfor Pulp Products Inc. (CFX), the first quarterly dividend is expected to be declared on or about April 30, 2011 regarding its dividend payment.

With 1.40$ in annual dividend distribution + maybe a special dividend, at a dividend yield of 10.26%, Canfor Pulp Products Inc. (CFX) represent a good commodity investment in a Canadian specialty sector: certified forest products.

Looking forward to buy stocks online? Than, pick the Canadian stock Canfor Pulp Products Inc. (CFX) in your online broker day trading. Purchase stocks of Canfor Pulp Products Inc. (CFX), you won't regret it.

Trade commodities online: my experience with EnCana Corporation (ECA)

Today was the day I invested in Canfor Pulp Products Inc. (CFX) for the first time through my commodity trading broker. but today was also a good day for canadian dividend paying stocks, and especially for EnCana Corporation (ECA). I initially invested 5 946.88$ in EnCana Corporation (ECA) a couple of months ago. Buying stocks of EnCana Corporation (ECA) was a good decision to make, despite the difficult times for EnCana in the past couple of months.

The trouble begins for EnCana Corporation (ECA) when the company announced the investment of millions of dollars into their own company. The major investors didn't like that, so the value of EnCana had drop significantly.

Anyhow, EnCana happen to be a good investment because my stocks of EnCana Corporation (ECA) currently worth a very awesome 6 510.39$, for a great profit of 563.51$! I do not plan to sell EnCana Corporation (ECA) anytime soon, but I am proud to say that I my investment in EnCana Corporation (ECA) is growing in value. I would like to be able to say the same thing with all of my commodity investment, but it's not the case. But I am looking forward for the best in the upcoming months with online stock investing.

I just purchase 100 stocks of Canfor Pulp Products Inc. (CFX)

At 14.70$ per stock...

CSN Store 20$ gift certificate giveaway to one lucky reader

THIS CONTEST IS NOW CLOSE. Thank you! The lucky winner is Amber Gi!

That's right readers, your time have come! You have a taste for modern furniture? So do I! And to help you acquire something very nice for your home, CSN Store is giving away a 20$ US certificate to one lucky reader of the Dividend Girl Blog!

To participate, it's easy, you just need to Follow me. Use the Follow icon located on the right column to register!

The contest is open until January 30, 2011, 10PM Eastern time.

Good luck!

Meet the Canadian stock Canfor Pulp Products Inc. (CFX) and the mountain lion hero

Its been a quiet weekend overall. I went for a coffee yesterday evening. I had bring my laptop with me and went to my favorite cafe. But even inside, I was freezing. Sitting next to a window was not helping either. Just to say how cold it is. And even today in my apartment, I have a Honeywell machine that is most of the time on. I didn't go out today at all. I had been lucky enough not to purchase a metro pass since May 2010. Since that time, I may have purchase a ticket not more than 3 times. But now that the weather is sooooo terribly cold in Montreal, I may have to purchase a metro pass for this week. But I will see how it goes tomorrow morning. I am living downtown very next to the St-Laurent boulevard in Montreal, so I don't need to use public transportation. My workplace is at around 40 minutes of walk. At first, I taught I was not going to make it without metro pass, but I did. A monthly metro pass in Montreal is not that expensive. It's not more than 70$ if I remember correctly. But still, keeping a 70$ in my pocket is quite a huge saving.

My budget is well balance. But lately, I didn't spend too much attention on my spending. I currently reached the 500$ on my Mastercard Airline Miles. And no, I do not own a zero interest credit card. Time for me to stick back to a more frugal lifestyle, just like before. I can easily cut those expenses from 500$ to a 250$, basically by half. I know I can do it because I did it before. And I know exactly where to begin my expend cut: Second Cup. I am a Second Cup coffee addict. Everyday before going to work, I buy myself a medium Second Cup coffee. Alone, this expense cost me 45$ every month. To this, you need to add the eating out and going out...

Ok, I have the money I earn online that I can put as payment on that 500$ bill, but still, I am in need of creditsolutions. So I guess the solution or the creditsolutions for me at this time is to cut on unnecessary expenses, just like I was going before. I am back on the frugal lifestyle, despite I could continue the way I am doing without any trouble. Even for this month, I have a good extra 1 400$ I can use for online stock market investing through TD Waterhouse securities.

I am lucky, I have good readers. When I say good readers, I mean very very good readers. They are not only readers, but also investors. Yesterday, I learn about the Canadian stock Exchange Income Corporation through one of them, which I got very interested in and I probably invest in at least 100 stocks of Exchange Income Corporation very soon through my online future trading brokerage. The Toronto stock exchange quote of Exchange Income Corporation is EIF.

All this agitation is due to my trading mistake in Sprott Inc. (SII). I won't write again about it, but I will just say that my online stock investing mistake. The more you manipulate stocks via discount commodity brokers, the more you are kind to do a mistake. This include the following actions: sell stock online and purchase stocks.

The more you sell stock online and purchase stocks, the more you are at risk. To trade commodities online is not extremely difficult, but it can be tricky. In my case, what I did was that I purchased 500 stocks of Canadian stock Sprott Inc. (SII) in what I believe was in time to qualify for the special dividend of 60 cents. but unfortunately for me, I was to late in my purchase because I was not aware of the 3 business rule and in result, did not qualify for the special dividend.

So right now, I hold an extra 500 stocks of Sprott Inc. (SII) that I never really wanted to have. All I wanted was more stocks, in order to earn more from Sprott Inc. (SII) special dividend. In fact, all I wanted was to get more dividend cash from Sprott Inc. That's very all. But among the way, I burn myself. Those extra 500 stocks of Sprott Inc. appeared in my latest stock investment portfolio update. Currently, those 500 stocks alone had lost more than 300$ in value. I know, I screw up badly, but nothing is loss unless a sell is made. Remember that. So as for now, I am leaving the Canadian stock Sprott Inc. (SII) alone, I won't touch it. I had program a sell offer at 9.60$ for those 500 extra stocks of Sprott Inc. (SII). The sell order will remain active until the end of January. If it happen that Sprott Inc. (SII) stock reached or exceed the 9.60$ per stock, I will be good to make my sell. In my mistake, I had purchased 500 stocks of Sprott Inc. (SII) at 9.34$ per stock.

Conclusion: I cannot go back in time and fix that mistake, but I can hope for an increase of the Sprott Inc. title.

I roughly have around 1 400$ to invest by the end of January, despite my huge spending on my credit card.

Another reader of the Dividend Girl is living in British Columbia. While being in his sixties, he got attacked by a mountain lion. And believe it or not, that reader had killed the mountain lion using a simple pocket knife. This event happens in the years 2000s. Believe it or not, the mountain lion hero is a reader of the Dividend Girl, and also a very very good investor. My mountain lion hero was kind enough to share with me his stock investment portfolio.

Ok, so now, remember that I currently have 1 400$ available for Canadian stock trading, that this weekend had been a quiet one because of the extremely cold weather. In conclusion, I had time to review deeper the content of the stock investment portfolio of my British Columbia reader, the mountain lion hero. Many fantastic things, very good dividend payers. But among other, I decide myself on one pick that is going to blow you away: Canfor Pulp Products Inc. (CFX).

From my point of view, Canfor Pulp Products Inc. (CFX) seem to be a bit volatile, but I wouldn't mind investing in 100 stocks of Canfor Pulp Products Inc. (CFX) by tomorrow in my online future trading broker. Canfor Pulp Products Inc. (CFX) dividend yield is of 22.837%. Yes, you read it right. A dividend yield of 22.837%, which mean a 3$ in annual dividend per stock! And the stock currently trade at only 14.45$! So go for it! lol...

Canadian stock Canfor Pulp Products Inc. (CFX) will bring in the house an annual 300$ in dividend income. Of course, just like for the other I hold, the dividend of Canfor Pulp Products Inc. (CFX) will be registered to an automatic DRIP.

I am just very excited about Canfor Pulp Products Inc. (CFX) 3$ dividend per stock! WOW!

Horizons Gold Yield Fund (HGY.U) declared its very first dividend distribution

I had first invested in 200 units of Horizons Gold Yield Fund (HGY.U) back in December 2010 through it's initial public offering. It's been a good thing in my case because I didn't have to pay any commission to acquire those 200 units. My regular broker commission fee with TD Waterhouse is of 9.99$, not to say 10$.

Since December 2010, nothing had been said regarding Horizons Gold Yield Fund (HGY.U) dividend distribution and I began to worry. In my case, I use money available on my margin account, at an interest rate of 4.25%. To make this investment profitable, I really need to touch the promised 6.5% dividend yield by Horizons Gold Yield Fund (HGY.U).

Horizons Gold Yield Fund (HGY.U) didn't broke it's promised. On January 20, 2011, Horizons Gold Yield Fund (HGY.U) declared its first monthly distribution of 7.20 cents per Class A and Class F units of the fund. According to AlphaPro Management Inc., the distribution will be payable on February 10, 2011 for unitholders on record of January 31, 2011.

This is a great news because as I explain, I was worried not to get anything from Horizons Gold Yield Fund (HGY.U). But its seemed like I will get something from Horizons Gold Yield Fund (HGY.U) in February.

Exchange Income Corporation (EIF) vs Power Financial Corporation (PWF)

Yeah! It's the weekend! This week had been a long an awful one. First, I spend I don't know how many hours trying to replacing someone how was out in vacation. There's was way too much work. But just to make things worst, while replacing, I was paid at my regular wage... Yeah, I know, what a life! Anyhow, everything is back to normal, my nightmare is over.

I guess I wasn't myself this week because I had purchase 500 stocks of Sprott Inc. (SII) thinking I was going to be able to make it just in time for the Sprott Inc. (SII) special dividend of 60 cents... but no, it didn't happen that way... Of course not lol... My problem is that I wasn't aware of the 3 business day rule when purchasing stock.

From what I understand, from the time you purchase stock, it take 3 business days for the purchase to be finalize. I had notice before a certain pending state when purchasing new stock but I never pay too much attention to it. Because I didn't care. The only thing I had been caring about is purchasing stock to earn dividend and make the dividend DRIP to naturally earn new stocks, to naturally increase my dividend earning. Not more or not less.

My goal with my latest trade was to purchase 500 new stocks of Sprott Inc. (SII) in order to qualify for their 60 cents special dividend. I purchase the stocks on the 17 of January 2011. The Sprott press release advertise the date of January 19 as latest date for holding - but that being after the 3 business rule... So in result, my latest investment in Sprott Inc. (SII) did not qualify for the special dividend distribution of 60 cents... Oh no, what did I done!

Better to know about the 3 business rule sooner than later, if you see what I mean.

But you saw it for yourself with my latest portfolio update, things are going well for the Dividend Girl, despite my little trading mistake. I am now at 144 889.70$ in asset. I hold 64 218$ in debt, generating a bit more than 3 000$ in interest money. My overall dividend income is of 5 883.78$. I could had done better, there's plenty of place for improvement. But still, I am happy with what I have.

I had place a sell order at 9.60$ for the extra 500 stocks of Sprott Inc. (SII) that I currently hold because of my trading mistake. I have one of my blog reader that came with this investment that he had been holding for quite a while: Exchange Income Corporation (EIF). Thanks for sharing (D)! So here're we are:

Exchange Income Corporation (EIF) vs Power Financial Corporation (PWF)

Exchange Income Corporation (EIF) is like the Power Financial Corporation (PWF) of Derek Foster, but in better. In his latest book, The Idiot Millionaire, Derek Foster name Power Financial Corporation (PWF) as one possible investment holding. I was upset after reading such investment suggestion. See, you have to understand that Henri-Paul Rousseau, the ex CEO of the Caisse de dépôt et placement du Québec hold a Vice-Chairman at the Power Financial Corporation (PWF).

You may ask yourself what's the controversy is all about? Why Power Financial Corporation (PWF) is not a good investment despite what Derek Foster say? I will explain all that to you.

In 2008, the recession hit hard and in 2008, Henri-Paul Rousseau was the CEO of the Caisse de dépôt et placement du Québec. Never heard of the Caisse de dépôt et placement du Québec? To make the explanation short, according to Wikipedia, the Caisse de dépôt et placement du Québec manages public pension plans in the Canadian province of Quebec.

In 2008, following the stock crash market, Henri-Paul Rousseau made the Caisse loose $8 billion of dollars. You read it right! Not 1, 2, 3, 4, 5, 6, 7, BUT 8 BILLION! While he left the Caisse, Henri-Paul Rousseau didn't give up on his leaving bonus, which was of hundred of thousands of dollars.

Now, the same poor guy is now a Vice-Chairman at Power Financial Corporation (PWF). Does Power Financial Corporation (PWF) represent a good investment? HELL NO!

Just like Power Financial Corporation (PWF), Exchange Income Corporation (EIF), to repeat its own worlds: "invest in profitable, well-established companies with strong cash flows operating in niche markets in Canada and/or the United States and to distribute stable monthly cash dividends to its shareholders." Power Financial Corporation (PWF) dividend yield is of 4.696%. Exchange Income Corporation (EIF) offer you much more for your money. Exchange Income Corporation (EIF) dividend yield is of 7.947%.

Exchange Income Corporation (EIF) is a company base in Winnipeg. while investing in Exchange Income Corporation (EIF) , you can be sure of one thing: you won't ever suffer from Quebec bad leadership. Actually, with Exchange Income Corporation (EIF) you won't suffer from anything. You'll just enjoy a good dividend yield provided by a well manage company.

I don't hold anything related to Exchange Income Corporation (EIF) yet, but I find this company very great because its share my view on investment: invest for the long term, with no selling prospect. And even best: Exchange Income Corporation (EIF) has no interest in Manulife.

I have projects for me and Exchange Income Corporation (EIF). I am going to sell the extra 500 stocks of Sprott Inc. (SII) that I bought because of my trading mistake and instead, I am going to invest the money in some stocks of Exchange Income Corporation (EIF).

Another great idea of mine :0)

My debt situation on date of January 18, 2011

9 431.36$ at a low interest rate of 4.75% (RRSP credit line rates) = 447.99$ in annual interest

4 900$ at a low interest rate of 4% (credit line rates) = 196$ in annual interest

4 016.23$ credit line at 8.75% = 351.42$ in annual interest

7 935.32$ on a TD Canada Trust credit card at a low interest rate of 4.9% ending in April 2011 (result of a credit card balance transfer)
= 388.83$ in annual interest

7 830.05$ at low interest rate loan at 5.50% (student loan) = 430.65$ in annual interest

10 000$ at 7.27% (credit line rates) = 727$ in annual interest

20 105.04$ at a low interest rates of 4.25% (margin money coming from TD Water house): =
854.46$ in annual interest

TOTAL: 64 218$ in DEBT

TOTAL in annual interest: 3 396.35$
[In date of January 18, 2011]

My stock investment portfolio on date of January 18, 2011

Savings:
2 056.57$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 9 180$
Timminco (TIM): 108$
Blue Note Mining (BNT): 48$
Bank of Nova Scotia (BNS): 17 449.88$
Hanwei Energy Services (HE): 120$
Methanex Corporation (MX): 3 182.70$
Fortis (FTS): 3 664.75$
Pembina Pipeline Corporation (PPL):
9 538.03$
Just Energy Group Inc. (JE): 11 566.08$
Yellow Media Inc. (YLO): 2 949.75$
Bell Aliant Inc. (BA): 5 336.84$
Pengrowth Energy Corporation (PGF): 2 854.20$
Enbridge Income Fund Holdings Inc. (ENF): 5 571.20$
Corby Distilleries Limited (CDL.A): 3 423.90$
Davis + Henderson Corporation (DH):
4 237.96$
Premium Brands Holdings Corporation (PBH):
2 849.88$
EnCana Corporation (ECA): 6 407.88$
Sprott Physical Silver Trust UTS (PHS.U): 2 616$
iShares S&P/TSX Capped REIT Index (XRE): 2 142.14$
Horizons Gold Yield Fund (HGY.UN): 1 990$
Cash: 241.42$

TOTAL: 95 478.61$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
3 015.10$
EnerCare Inc. (ECI): 3 269.92$
Dumont Nickel Inc. (DNI): 345$
Cash: 7.79$

TOTAL: 6 637.81$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 404.64$
Claymore Gold Bullion ETF (CGL): 4 157.40$
EnCana Corporation (ECA): 3 188$
Emera Incorporated (EMA): 6 686.76$
Cash: 87.06$

CIBC Dividend Growth Fund: 562.87$
CIBC Emerging Markets Index Fund: 428.54$
CIBC Monthly Income Fund: 1 049.93$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 251.85$
GIC Plus: 500$

TD Canadian Bond: 114.90$
TD Monthly Income: 109.93$
TD Emerging Markets: 90.39$
TD Energy: 98.06$
TD Precious Metals: 142.67$
TD Latin American Growth: 106.61$
TD Entertainment and Communications: 125.47$
TD Dividend Growth: 210.16$
TD U.S. Mid-Cap Growth: 119.10$

Maritime Life International Equity Fund
(Templeton): 678.69$
Manulife Simplicity Growth Portfolio: 938.74$
Maritime Life CI Harbour Seg Fund: 1 110.42$
Maritime Life Fidelity True North Seg Fund:
1 075.46$
Manulife GIF MLIA B World Invest: 657.26$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 555.18$
RBC U.S. Mid-Cap Equity Fund C$: 2 079.06$
RBC Global Resources Fund: 1 306.19$
RBC O’Shaughnessy International Equity Fund: 668.55$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 223.30$

GIC Canadian Market: 1 000$

TOTAL: 40 567.43$

Social Capital at Desjardins Membership share
for 3 accounts: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(109.28$):
144 889.70$

Be ready for Sprott Inc. (SII) special dividend of 60 cents

This is just so hilarious in a certain way, my little trading mistake. It's really me. But it's a mistake I did without knowing. Investing in stock is not as easy as it's seem. It's full of things you need to know. This is what went wrong (but you can always refer yourself to my previous post and don't forget to read the comments)...

Back in January 10, 2011, Sprott Inc. (SII) announced a special dividend of 60 cents that will be paid to shareholders at the close of business of January 19, 2011.

A dividend of 60 cents is quite something. This is actually HUGE! I already own 520 stocks of Sprott Inc. (SII). It took me a little while to make my move, and maybe too long. Anyhow, on January 17, I decide to invest in 500 other stocks of Sprott Inc. (SII), for a total of 1 020 stocks of Sprott Inc. (SII).

I did my purchase in a rush, but in my mind, I didn't have any doubt about what I was going to do or what was going to happen lol. I wanted to earn an extra 300$ from Sprott Inc. (SII) from the special dividend. That's sit that's all! But it didn't go as expected. With my limited knowledge, little did I know about the 3 business closing day rule! But I learn it from TD Waterhouse and also from Sprott Investor Relations to who I gave a quick call earlier today. 3 business rules? What's the 3 business closing day rule? I screw up badly, but I learn. It could sound strange, but I really didn't knwo about the 3 business rules.

And now, I am kind of "stuck" with an extra 500 stocks of Sprott Inc. (SII) that were never really wanted. Because all I ever wanted was the extra cash and the extra stocks...

There's a lot to know about the stock market. Derek Foster cover a lot in his books, but there's much more to know. But I'll keep you post among the way! While having an extra 500 stocks of Sprott Inc. (SII) in my portfolio, belive it or not, I am now exceeding 60 000$ in debt, and it's look like I am only missing around 5 000$ before hitting my first 150 000$. I know, nothing to be too much proud about, but I am who I am, the Dividend Girl right?

Another problem: my dividend DRIP in my non registered Canadian margin broker account

I just have another problem at this exact time and I just wonder what's going to happen! Remember, in December 2010, we change from a non registered Canadian cash account to a non registered Canadian margin account? Well, that bring all kind of changes in my broker account that I wasn't even prepare to.

So far for January 2011, I had received, yes, dividend payment in my non registered Canadian margin account, but none of those dividend payment had resulted in a DRIP, which mean that none of my dividend payment had transformed into a brand new stock. There could be 2 reasons for this: 1) a delay for the dividend to transform into one or more stocks, depending or 2) my new margin account of December 2010 has not been set-up for DRIP. I am very tempt to say that my margin is not set-up for DRIP... All those ambitious of mine had giving me A LOT OF TROUBLE. More debt, more dividend, and now, no DRIP. But a question being, can I enroll to a DRIP in my Canadian non registered margin account? That's something else and I do not have the answer to this.

But, if I take the example of the Dividend Lover, I should be able to keep the DRIP even while having margin in my account because from what I understand, Dividend Lover has a margin account and for a while, his dividend income was apply under a DRIP. If, of course, I understood everything correctly...

So I guess I have no choice other than calling TD Waterhouse tomorrow early morning. at this time, the delay for customer service at TD Waterhouse seem to be enormous. But it's not TD Waterhouse fault: it's January, TFSA contribution need to be made as well as RRSP contribution. Both combine together = a lot of calls for TD Waterhouse. But in my situation, if I want to make sure I am enroll on a DRIP, I have no other choice than to call TD. I will keep you post as always to let you know what's going on, just in case you care.

Also, I had set-up in my non registered Canadian margin account a sell order at 9.60$ for 500 stocks of Sprott Inc. (SII). Another brilliant idea of mine to make some $$$.

Welcome again Sprott Inc., 500 new stocks of SII in my online future trading brokerage

I just buy 500 stocks of Sprott Inc. at 9.34$ per stock. You should be doing the same - remember the special dividend...

My TFSA contribution for 2011? 0$

A TFSA is definitively a fun and useful investment program, if I can name it that way, but a TFSA can also be a trap. Well, it is for me, for my specific debt-and-investment situation.

A TFSA allow investors to earn dividend and capital gain free of tax. You can contribute up to 5 000$ per year in a TFSA. The amount of money you withdraw can be invested in totally, but only the year after following the withdraw. For 2011, I can invest 12 000$ into my TFSA.

We are now in January 2011, but I won't transfer 12 000$ into my TFSA. Why?

It's because of my margin situation in my non registered account. If I transfer 12 000$ from my non registered account to my TFSA, it will have a negative effect on my margin. 12 000$ is not that much but it's still a good amount. A transfer of 12 000$ into the TFSA will decrease of 12 000$ the value of my margin in my Canadian non registered account. And I don't want that happen because I want to see the value of my margin increase.

Why I don't like the TFSA

You may say that my debt is the trap and not the TFSA. But in my case, my investment, if not my whole life (lol) rely on my debt. Why?

Well, while investing, the money you take to invest have to come from somewhere. In my case, more than 50 000$ had been borrowed for investment purposes. The money is coming from credit card balance transfer, RSP loan, credit line and margin. I guess I might have one of those good credit because so far, while dealing mostly with TD Canada Trust, I had been able to get EVERYTHING I ever wanted. It's a I have a good credit situation or that at TD Canada Trust, they LOVE the Dividend Girl. What do you think? It's one or the other lol..

Personally, that TFSA drive me sick because at TD Waterhouse, they have a one withdraw per year rule. Which mean that at TD Waterhouse, you can withdraw from your TFSA or transfer from TFSA to non registered account (but that still count as a withdraw). If you exceed the one withdraw per year, TD Waterhouse will charge you something like 30$ for each additional withdraw. Very very bad from TD Waterhouse...

Try to manage a Stop Working strategy of a guy name Derek Foster with one withdraw per year from your TFSA! That's impossible! Dividend is my cash, I want to have access to it at anytime. Even if, at this time, all of my dividend incomes are enrolled to a DRIP. A DRIP yes, but there's always some left-over (cash left behind after the dividend had generate into stocks). That's my cash, and I want to be able to withdraw it anytime, anywhere. But that's impossible with a TFSA.

Basically, you have to decide: not to pay tax on your dividend or the liberty to do just whatever you want.

TFSA reduce what I need most: liberty. The freedom of doing what I want with my money. That TFSA is not perfect. The Tories are behind it and it show. Trust me that it show! Ahhhhhh!

If you have a situation like mine where you are trying to build health while using not more than 30% of the money available on the margin, maybe you'll like to forget the TFSA for one or 2 year, until, like me, you reach the 150 000$ in assets. After what, we'll come back to it, to the (un)famous TFSA of the Tories government! I promise.

I prefer to maximize my RRSP contribution. That way, I reduce the taxes I have to pay on the income. For me, RRSP better than TFSA.

Anyhow, this plan could change. But as always, I will let you know what I will be doing with the (un)famous TFSA. But everything I do is being control by my Debt situation.