Gordon Pape involved in the RRSP Businesses deal screw up to steal money from Canadians

There’s a bunch of people out there, including Gordon Pape, who want retail investors to think that investing in a RRSP account is valuable. You need to read the post I wrote yesterday to better understand why RRSP contribution is of no help when it comes to create financial health. It’s just too bad I wasn’t able to realize that a lot sooner. I am stuck with a 40k value stuck inside a RRSP that isn’t doing nothing for me, expect pushing later the tax payments.

Let’s start with Gordon Pape. Gordon Pape recently came with a RRSP portfolio investment idea. We find in it the very fabulous Firm Capital Mortgage Investment Corporation (FC), a stock that I hold in my non-registered portfolio for a little while now following Gordon Pape recommendation. FC is a superbe wonderful stock, very reliable and the chart is a rocking rocket.

Great. But Gordon Pape has a darker side. Fact is, Gordon Pape is actively promoting RRSP account to screw up retail investors and to make good money by promoting a banking product (RRSP) simply made to make banks and government richer, but not individuals.

RRSP is a real industry. Banks had come with special loans design for the RRSP. Banks actively promoted those products in major marketing campaigns. And for what reason? To make money on the back of the middle class, on the 99%. On a salary of 40k+, if I make a RRSP contribution of 4k, I save about 1k in tax. I save 1k on a 4k investment, which means that it’s costing me a 4k out of my pockets to get back a 1k. The 4k will be put away, untouchable until I hit my seventies. Does it really worth it? Not really.

Fact is, once I hit my golden years, I will have to pay taxes on RRSP withdraws. At that time, with a bit of luck, the 4k invested today will worth much much more in 4 decades from now. And oh surprise, I will have to pay taxes on the 4k AND on all capital gain realized during those 4 decades... On top of that, the money hold in the RRSP will affect what the government will give me on my senior years.

So basically, for someone like me of the middle class, earning close to 45k yearly, it doesn’t worth it to invest in a RRSP for that specific reason. There’s no benefit to invest in a RRSP account.

And by the way, it’s not because you don’t invest in a RRSP account that you are not properly prepared for retirement, especially now that we have the TFSA.

On the other hand, a TFSA is a very powerful tool. I haven’t used all of my TFSA contribution room because I have a margin account on my non-registered account. For very practical reasons, I prefer to invest all cash available in my non-registered account. Why?

1) To increase the value of my margin account so I can use the margin money to pay off more debt of mine at a higher interest.

2) To secure my margin account situation (the more you have, the better).

3) To do numerous of operations without having to deal with the one withdraw TFSA rule that really suck at TD Waterhouse.

I guess those are the main reasons.

Also, while investing in a RRSP, the fact that I cannot access the money freely, whenever I want or feel like, and that suck too.

To celebrate the mediocrity of the RRSP account, I decided to invest a 1 000$ tomorrow in Crescent Point Energy Corp. (CPG) in my non-registered account (gotta bring that margin stronger) and not to contribute ever again to a RRSP. Gordon Pape? An author with sometime good stock picks, a pusher of the RRSP so banks and government can make a huge amount of money on my back. Oh yeah, Gordon Pape.

Gordon Pape.

No more RRSP contribution, NEVER EVER again

I taught I had until the end of March to contribute to my RRSP but I have until February 29th.... the more I think about a RRSP contribution for the 2011 fiscal year, the more I dislike the idea. 

One of my reader is a tax specialist so I bring in my numbers with what I had found as deposit amount in my banking account for the 12 months of 2011 and I found out that my 2011 net income exceed the 40k. I was surprised because it didn't give me the impression that I earn that much in 2011. I wasn't even working 30 hours per week at my main job. but even there, it's true I was also working full-time during the weekend. Anyhow, all that to say that yeah, once again, I pop up the 40k income, with multiple money maker streams. Nice, but ho headache, what about the income tax? I wasn't paying income tax on my part-time job, only the unemployment insurance and a few other mandatory things. Because of that, I could have a couple of hundreds $$$ to pay in taxes.

My mom is getting closer to 65 and at her age, she has to cash out her RRSP for a reason or another. I am really not into RRSP but I know that at a certain age, you need to transfer what you hold in an RRSP account into another type of account. but even there, while doing so, you have to pay taxes on each single withdraw. 

For 2011, I taught of giving 4k on my RRSP contribution.

Now, I am going to tell you why I won't be doing so.

No matter what if I contribute or not to my RRSP, I won't have 4k to pay back on taxes. So can someone could explain to me why should I bother doing a 4k RRSP contribution? 

While being in a RRSP account, I won't be able to take a full advantage to my 4k RRSP contribution.

Yes, I can use my RRSP money on the purchase of a house, or go back to studies (I think) but WAIT, its not as great at it seem, all withdraw made from a RRSP, all amount need to go back in the RRSP withing a certain time frame because I have to pay it back. I mean come on, those type of shitty solutions are really not made for me. I don't want to earn a house (unless I win 649 lotto) and I certainly don't want to enroll in a Canadian university program. You need to be a fool, a complete idiot to pay those extremely expensive tuition fee. If you know me by now, you know that the Dividend Girl is the kind of girl who is extremely smart. Canadian universities? WHAT THE F. They are made for dummies.

Now, another think, a 4k RRSP contribution will remain untouchable and not enjoyable until I retired. But even there, I will have to pay taxes on the withdraw and oh wait, since the money will remain in a RRSP account for like several decades, the initial amount deposit will grow grow grow... and when come time to withdraw, HELLO TAX PROBLEMS. Again.

So I mean, come on now RRSP account is all about bullshit. Its a government fantasy made as set up. There's no real benefit to a RRSP. Better just enjoy the money while being young, but it on the margin, trade, go with a TFSA with Questrade whatever. But a RRSP? NO THANK YOU. NEVER EVER AGAIN.

A RRSP account is for fools.

DNI Metals Inc. (DNI) joins the TSX Venture 50 of the TMX Group Inc. (X)

I had a long journey with DNI Metals Inc. (DNI). I had been holding my DNI stocks since 2009. After 3 years, I just began to earn the reward of my patience. Lately, my investment value in DNI Metals Inc. (DNI) more than double. 2012 seem to be the year of DNI Metals Inc. (DNI).

DNI Metals Inc. (DNI) ranked 10th in the Mining category of the TSX Venture. DNI fabulous performance in 2011 made it possible to be part of the TSX Venture 50 for 2012.

The TSX Venture 50 is a ranking of the best of the best of the TSX Venture Exchange. The Venture Exchange is like any other stock market. You could see it as being a paradise for penny stocks. When a stock like DNI Metals Inc. (DNI) made it to the TSX Venture 50, it’s a sign that the company is on the right track to achieve financial success. It’s also a positive sign announcing a possible jump into the REAL stock stuff, meaning that a stock performing well on the TSX Venture has good chance of becoming part of the fabulous TMX Stock Exchange.

It’s all about progression. First, smart stocks start as a cutty small penny stock on the Toronto Stock Exchange Venture, make it through the TSX Venture top 50, growth, growth, growth and transform into an extra powerful dividend blue chips.

Will DNI Metals Inc. (DNI) ever become a blue chip stock? Maybe. But before it get to that point, DNI have certainly a long way to go. Hopefully, among the way, it could be possible to cash big from DNI Metals Inc. (DNI). And that’s exactly what I am looking for and is the reason why I had been holding DNI since 3 long years now.

Who has a 120 610.46$ non-registered portfolio?

Me. Me me me :)

It's going on quite well. At least for the investment portfolio. NFI had made great gain. AGU is like a rocking star. EIF as well, CNR too. etc. etc. And guess what? TOMORROW IS FRIDAY.

lol

I am not feeling like blogging or writing something interesting right now.

So chat latter.

Bye.

One more time baby! Lets do it one more time! Maple Group renew its TMX Group Inc. (X) offer

I just received another notification of TD Waterhouse. You know the shitty deal between TMX Group Inc. (X) and the Maple Group? Well, it is renewing AGAIN! Instead of giving a reasonable delay, the group of stupid bankers keep pushing and re-pushing the acquisition date. JUST GIVE ME MY MAXIMUM OF CASH SO I CAN GET OUT OF HERE! This will be very good because it will decrease my margin account usage. And at 50$ per stock, I will be cashing in a great profit and not to forget about the dividend.

THE FOLLOWING IS VERY IMPORTANT:

While you received this new letter from TD Waterhouse or whatever else regarding the Maple Group acquisition shitty shitty deal, well, be careful. In the between, if you have received a dividend that DRIP and produced a new stock, it's really important that you give your broker a call to have that new stock include in your selling order regarding this acquisition.

Because of course, if your smart, you'll go with the maximum of cash option and the order goes with the exact number of stock you hold the X. Let say in November 2011 you had 40 stocks of X and now on date of today you have, let say, 45 stocks of X, really important that you call in your broker and renew the sell order in regard of this acquisition business for the EXACT number of stocks you currently hold.

Don't understand a word of what I am saying, well, dring dring dring, just call TD Waterhouse or whatever else is your broker and you will see, you'll be be very grateful to be the reader of the most fantastic financial blog of all time ever if you understand half of what I am talking right now.

This only concern of course the current TMX Group Inc. (X) miserable holder like myself.

I want my cashhhhhhhhhhhhh. Show me my money! :)

Is silver still the investment of the decade?

My non-registered portfolio closed yesterday session at very good 119 909$. My security book value is of 118 412.30$, which mean that I had been good enough to recover from ALL internal capital loss. FINALLY! The glorious time had come. Ok, nice, but the Canadian stock market like many other worldwide seems to be extra-sensible to what’s going on in Greece. Not that I don’t care, but we all deal with our own reality, I have my own problems, I have put a great deal of efforts in my portfolio and I won’t accept trouble from anyone so Greece, just get out of the way please, deal with your own reality.

This is how I like to deal with troublemakers.

This being said, I am now out of internal capital loss, but if the stock market get unstable, I could face internal capital loss, one more time... A NIGHTMARE. But I am pretty good at holding stock so there’s no nightmare I cannot really fight see. That’s the magic of the Dividend Girl.

Dealing with internal capital loss is no big deal, it just it can take some time to recover. While investing in stock, it’s always good to have a portion of your portfolio in cold cash. Why? Because if part of your portfolio is experiencing capital loss, you’ll be able to rely on your cash rather than on your stock in case of an emergency situation suddenly emerge. I am really good at giving advice but I don’t respect those advices myself. For the past 6 years, I had been invested every single pennies I could find and I use leverage as you know, like crazy.

I may not be good at respecting my very own advice, but at least, you know with who you are dealing with.

This is even I will say spectacular that I recover from my capital loss because this portfolio of mine, the non-registered part, include my MAJOR loss of 4 065$ in Timminco (TIM). That was back somewhere in 2008 or 2009. Currently, the same investment worth 1$... From 4 065$ to one single dollar. I started investing in stock in 2008 and I invested in Timminco (TIM) shortly after that. I had some knowledge, but it wasn’t enough I guess at that time to save me from a stock salvation.

I invested in Timminco (TIM) because it was promoted by Eric Sprott of Sprott Asset Management. Eric Sprott is the man who made me loss 4 064$ on the stock market. Thank you very much Eric Sprott for all the trouble and all the shit, but even you couldn’t destroy my portfolio forever. Sometime, I wished I would get stuck in an elevator with ONLY Eric Sprott and solve the problem I have with him.

Ok, it didn’t turn right with Timminco (TIM), but I recovered very quickly and I had hit the 6 figures portfolio using leverage in 2010. And later on, Sprott started the Sprott Physical Silver Trust UTS (PHS.U) and the Sprott Physical Silver Trust ET (PSLV). From that time, it was the silver mania.

Eric Sprott actively promoted silver as investment and again this time, I got totally fascinated.

In 2011, I traded silver on a regular basis, buying-selling, buying-selling. Always small amounts, but it was fun.

Later on, I made my first investment in US dollars in the Sprott Physical Silver Trust ET (PSLV) when the units were something like 20$+. Almost immediately after... Sprott silver drop under the 15$. I am very good at provoking events, catastrophes, cataclysms. Shortly after I made my first stock purchase in Sprott Inc. (SII) in 2008, the stock market crash. Remember? lol...

Currently, the Sprott Physical Silver Trust ET (PSLV) is still far behind the 20$ mark per unit. And now, I just wonder if silver can be a profitable investment.

Is silver really the investment of the decade like declared by Eric Sprott? I guess only time will tell if Eric Sprott was wrong or not.

Unfabulous offer coming from Duncan Hood, Editor of the MoneySense Magazine

When I was in Montreal, I could spend hours at the Chapter, a Starbuck coffee at hand reading magazine after magazine until the closing. Now that I moved in New Brunswick, if I want to read magazines, I can do it while standing on my 2 foot at Wal-Mart or Zellers or, I can go at my local library.

Duncan Hood, the Editor of MoneySense Magazine may taught that offering the MoneySense for 1 year at 30$ is a good deal, but personally, that deal doesn’t sound appealing to me. A 30$ for a one year of MoneySense magazine is an offered that I had received. You may receive it if you have an account at CanadianMagazine for their forum or newsletter or some other stuff.

Fact is, you don’t need to pay 30$ per year to get a taste of what frugal living is, or what is investment all about, to get stock information, credit card balance information, stock market hottest news...STOP. Here at the Dividend Girl blog you get that an even more for FREE.

30$, is not that bad. We have much worst with Gordon Pape. Want to subscribe to Gordon Pape Internet Wealth Builder? You can go ahead, but it will cost you $164.95. Oh sorry there, $164.95 + TAXES. Because taxes are not even included in that SUPER HUGE PRICE!!!!

Fact is, you don’t need to pay one single penny to be a successful investor. Why? Well, because you can read my blog for free. You can read online newspaper online for free. You can read Derek Foster books for free at your local library. All free stuff.

Financial services had came with that idea that the more you pay out of your pocket, the better the services are. Well, that idea is completely fall.

There’s plenty of financial blogs out there you can consult for free and if you’re smart enough, you won’t pay a penny to get stock ideas or ways to deal with your money. Like NEVER EVER. Those people like Duncan Hood and Gordon Pape are simply money s0ckers.

My investment portfolio on date of February 8, 2012

Savings: 1 113.71$

Non registered Investments:
Stocks and Units investment portfolio CAN$
Sprott Inc. (SII): 7 548.45$
Timminco (TIM): 2$
Blue Note Mining (BNT): 24$
Bank of Nova Scotia (BNS): 5 688.71$
Hanwei Energy Services (HE): 30$
Methanex Corporation (MX): 3 037.47$
Fortis Inc. (FTS): 3 680.64$
Pembina Pipeline Corporation (PPL): 13 037.04$
Just Energy Group Inc. (JE): 8 737.46$
Pengrowth Energy Corporation (PGF): 2 237.40$
Enbridge Income Fund Holdings Inc. (ENF): 7 470.50$
Corby Distilleries Limited (CDL.A): 1 803.48$
Davis + Henderson Corporation (DH): 3 900.03$
Premium Brands Holdings Corporation (PBH): 7 442.52$
EnCana Corporation (ECA): 4 012.88$
iShares S&P/TSX Capped REIT Index (XRE): 2 462.46$
Horizons Gold Yield Fund (HGY.UN): 2 025.72$
Canfor Pulp Products Inc. (CFX): 1 374.95$
New Flyer Industries Inc. (NFI): 1 528.80$
Exchange Income Corporation (EIF): 7 944.30$
Rogers Sugar Inc. (RSI): 528.28$
Student Transportation (STB): 1 445.35$
Colabor Group Inc. (GCL): 1 135$
TMX Group Inc. (X): 4 256.46$
Data Group Inc. (DGI): 3 084.90$
K-Bro Linen Inc. (KBL): 2 178$
Westshore Terminals Invest Corp (WTE.UN): 5 007.58$
WesternOne Equity Income Fund (WEQ.UN): 2 724.60$
Atlantic Power Corp (ATP): 3 375.60$
First Majestic Silver Corp (FR): 1 960$
Kinross Gold Corp (K): 1 659$
TransCanada Corp (TRP): 1 047$
Canadian National Railway Co (CNR): 2 346.30$
Firm Capital Mortgage Investment Corporation (FC): 537.20$
Sprott Strategic Fixed Income Fund (SFI.UN): 465$
Enbridge Inc. (ENB): 1 094.52$
Agrium Inc. (AGU): 1 156.82$
Canadian Utilities Limited (CU): 1 299.48$
Veresen Inc. (VSN): 1 023$

TOTAL: 120 312.90$

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): 2 303.19$
Cash: 4.12$

TOTAL: 2 307.31$

Tax-free savings account (TFSA)
EnerCare Inc. (ECI): 28.44$
Dumont Nickel Inc. (DNI): 1 581.25$
Sprott Physical Silver Trust UTS (PHS.U): 2 990.64$
Cash: 3.73$

TOTAL: 4 604.06$

RSP investment portfolio:
Sprott Canadian Equity Fund: 6 404.46$
Claymore Gold Bullion ETF (CGL): 5 239$
EnCana Corporation (ECA): 1 967.48$
Emera Incorporated (EMA): 7 126.20$
Sprott Physical Silver Trust UTS (PHS.U): 996.88$
Cash: 136.72$

CIBC Dividend Growth Fund: 561.82$
CIBC Emerging Markets Index Fund: 458.18$
CIBC Monthly Income Fund: 1 081.96$

Energy and Base Metals Term Savings (Indexed term savings): 577.30$
Natural Resources Term Savings (Indexed term savings): 502.06$

GIC National Bank: 1 242.70$
GIC Plus TD: 500$

Maritime Life International Equity Fund
(Templeton): 616.68$
Manulife Simplicity Growth Portfolio: 891.93$
Maritime Life CI Harbour Seg Fund: 1 053.79$
Maritime Life Fidelity True North Seg Fund: 1 004.54$
Manulife GIF MLIA B World Invest: 633.67$

Great-West – various: 1 957,04$
Various other mutual funds: 675$

RBC Canadian Dividend Fund: 558.62$
RBC U.S. Mid-Cap Equity Fund C$: 2 080.71$
RBC Global Resources Fund: 1 094.57$
RBC O'Shaughnessy International Equity Fund: 589.18$
RBC O'Shaughnessy All-Canadian Equity
Fund: 1 191.18$
RBC Global Precious Metals Fund: 885.97$

TOTAL: 40 027.64$

Social Capital at Desjardins Membership share: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(144.22$):
168 549.84$

What Rebecca MacDonald the billionaire really thinks of Canadian Pacific Railway Ltd. (CP)

I know, this is isn’t me, I haven’t post in a while. I had been busy-busy. First of all, I had been busy writing some articles on HubPages. I wrote about this, this and this. I am looking to make 50$ per month from HubPages in passive income but this is requesting a lot of work from my part so yeah, I had been busy this past weekend. I have develop a lot ideas so I should be hit the 50$ soon, it’s just a matter of time. And once I hit the 50$, after that, chances are that I will be ok to hit the 50$ every single month after that. It’s just about getting that first 50$. Does that remember you of anything special? Like my very special domain address for example?

Also, I had been taking those art classes and it’s been going on well. But before talking about painting and other beautiful tralala, let’s talk about money. Because it’s all about money. One for the money, one to the show.. Is that the correct Elvis lyrics? I heard Elvis songs so many times in my childhood, but the only problem is that in those early years, because I am French, I never clearly heard or understood the lyric of Elvis songs, yeah yeah, on the go. One for the money, one for the show.... lol And the money... And the show...

For the money, my portfolio is a rocking shining star and I bet that every TD Waterhouse brokers just DREAM about by stuff you know what I mean. Yeah, margin investing, I know the game and stock investing, I know the game too. At this point, I think I am at my highest value ever. Just too bad I don’t have time to update my investment portfolio but at least, you have a good idea of the big scheme. My fabulous of the fabulous DNI Metals Inc. (DNI) just continue its road to become a rocket stardom so rock on.

The very fabulous Rebecca MacDonald is putting the TSX on fire with her “energy” stuff. First of all, for those who don’t know Rebecca MacDonald, I feel very bad for your ignorance but you can always click on her to fix that. If you want to know something that you may not know about Just Energy Group Inc. (JE)’s CEO, go on here. Rebecca MacDonald is now a long time billionaire. It gives her the freedom to do whatever she wants. She can say things that she may have never said otherwise, like for example: I won’t buy Canadian Pacific (CP) stocks even if I am now involved in the board of director team. GO WOMAN! Finally, there's a billionaire out there who just worth even MORE than money. Cannot say the same thing for sure about Eric Sprott. Not yet. Eric Sprott has a longggggg wayy to gooooo.

When a company is on a bad track, don’t invest in it. When someone like Rebecca MacDonald speaks, you listen and shut your mouth. Be extremely alert to what she says and does. It could pay back very well. In other words, if you are looking to invest for the real term, please be smart and don’t invest in Canadian Pacific (CP). Ok, I can hear from her: IT'S NOT WHAT REBECCA MEAN. Well, you need to take the content, and extend it to your own retail investor reality. Take big ideas; bring it to your very own social class level. That’s the idea.

This is certainly something that Heather Munroe-Blum would have like to know about. It’s not because you’re in the board of directors of a company that you need to buy inside the company, especially not in period of crisis. Back on May 12, 2011, Heather Munroe-Blum, the principal and vice-chancellor of McGill University, bought 10 000 stocks of Yellow Media Inc. (YLO). It’s not because she’s the vice-chancellor of McGill University that this woman is very bright ok. It’s kind of the opposite. She’s making a luxury living on the back of poor students who were dumb enough to pay several thousands in tutorial fee just to enrol in what they believe is the best university of the country. Well, I have some news for you, the blood Heather Munroe-Blum sacrifices, the shit went directly back on her. On May 3, 2011, the very good investor that I am was selling ALL of the stocks hold of YLO. YLO? Forget about it. You shouldn’t be holding a Quebec company in your portfolio anyway. At this time, I only have 2 Quebec companies in my portfolio and I am looking to get rid of them all ASAP. And following what, YLO continue to fall-fall-fall and became what we know today: a penny stock.

I am hoping that Heather Munroe-Blum, this fresh lady, I really that she lost several thousand on the stock market. She basically got what she deserved. A flop. Want to make a career on the back of public funds and student debts? Pay the price! Sacrifices won’t be vain! The dead of the Safia daughters won’t be vain either. Remember that God is watching. He’s always there. And you can be very sure I will turn rich on DNI. I always knew. It’s why I hold it in my TFSA. Quebec is burning and I have the most fantastic revenge of all time. Sufferings from Quebeckers, laid off, it won’t be vain.

Ok, you might think she’s silly, she’s sick, I understand her.

First of all, you need to think of yourself as being a piece of the chain. And as a piece of the chain all elements are interconnected and they all go in just one single direction, yours. So i you think too that believing in God, being somewhat religious and loving money are 2 things that have nothing to do together well, good news too there, you are actually so wrong, you’re missing the whole point of it. This was all very interesting but I cannot spend the whole evening blogging. While missing me, check out on some new pictures and paintings.

This is my favorite. It was actually made on a Dollorama canvas. Cheap and fun:

Getting closer to the 120k non-registered value

I just received a very good dividend payment of 56.16$ coming from Bank of Nova Scotia (BNS) and 9.55$ from iShares S&P/TSX Capped REIT Index (XRE). My dividend income for the month of January has now exceeded the 800$, which quite good.

My non-registered portfolio is now at its highest value EVER from what I am able to remember: 119 270.27$! Yeah! Make some noises for the Dividend Girllllllllllll! YUUUUUUUUUUUU! lol

Without adding new money in, my non-registered portfolio is very close to the 120k. Nice. This capital boost is also boosting my margin account value. So what I did today is that I took 1 500$ from my margin account and I add the money to my credit line. This bring my credit line at 7 334.59$. I am at 86 724.09$ in debt. This is huge of course, but I am unfortunately not scare of debt.

It’s getting more difficult than ever before to add in some new stocks for my portfolio. I taught lately of Crescent Point Energy Corp (CPG), but it’s not adding any kind of diversification to my portfolio, if not just another pipeline energy stock in. So I at this point, I am pretty much out of aspiration when it comes to picking up some good old Canadian stocks. I totally have it all now in my portfolio and life is kind of boring now. I have in everything I ever dream of. So is it really all? Is it over?

Bah, of course not. I something have trouble to find new stuff but hey, it won’t last for long.

My debt level is quite high. For once, I plan to pay off some of my debt. I would like to be at 80 000$ in debt, not more or less and, if again I have trouble at picking up a new investment, I thing I will just keep paying down those heavy debt of mine.

I know, it sound pretty boring but it’s not my fault, I am running out of stock picks.

I guess at this point, paying down debt is the right thing to do, boring, but the right thing to do.

Watch out, because I can hear you saying: FINALLY, SHE’S GOING TO PAY SOME DEBT.

Yep, I am going to pay some debt.

:o)

My deb situation on date of February 2, 2012

8 302.08$ at a low interest rate of 4.75% (RRSP credit line rates) = 394.35$ in annual interest

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

7 746.26 $ on a credit card at a low interest rate of 2.9% (result of a credit card balance transfer) = 224.64$ in annual interest

6 980.12$ at low interest rate loan at 5.50% (student loan) = 383.91$ in annual interest

5 000$ at 8.75% (credit line) = 437.50$ in annual interest PAID OFF

7 334.59$ at 7.52% (credit line rates) = 551.56$ in annual interest

51 461.04 $ at a low interest rates of 4.25% (margin money coming from my broker account): =
2 187.09$ in annual interest

TOTAL: 86 724.09$

TOTAL in annual interest: 3 937.55$
[In date of February 2, 2012]

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.

A piece of me

Go see it here.

For those who really love me, and for those who really don't, it's your chance to get a piece of me. Lucky you!

:)

Spectacular me, spectacular Westernone Equity Income Fund (WEQ.UN)

Today, Westernone Equity Income Fund (WEQ.UN) decided to be hot and closed today January 18 of the year 2012 session OVER THE HEDGE! WEQ.UN finished the day at 7$ per stock. So far, I am experiencing a capital gain of 598.01$ on Westernone Equity Income Fund (WEQ.UN) and I own it all to a special reader.

Currently, my non-registered portfolio is at 116 405.03$, even while having a few troublemaker stocks in my portfolio. Those being NFI, DGI, SII and now, K. Kinross Gold Corp (K) is currently trading at less than 11$ per stock, very unfortunate. On the other hand, I have some stuff like my latest investment, VSN that are performing well so far. TRP, ENB, ENF, JE, MX, KBL, PPL etc. etc. etc. 

My margin value is closed to 20k by the way.

:)

I am currently thinking about taking a small 1k from my margin and apply it as payment on my credit line at 7.52%.

Nothing much today, except that WEQ.UN decided to be, just like me, totally spectacular. lol.

Welcome in the house Veresen Inc. (VSN)!

I had been looking at this little one for quite a while! And now, things had been done, following my sell of some Rogers Sugar Inc. (RSI) stocks.

I had invested in some stocks of Veresen Inc. (VSN) at 15.11$ each today. Welcome in my investment portfolio Veresen Inc. (VSN)! Great to have you aboard!

Why did I pick Veresen Inc. (VSN)?

Because, first of all, of its very AWESOME chart. The chart goes up-up-up all the way from its early beginning until today! VSN went down following the stock crash of 2008, like many other stocks that I hold, but it quickly gains back in value. And since that time, well, just an awesome chart.

Also, Veresen Inc. (VSN) dividend yield is extra sharp: 6.809%. This is a reasonable dividend distribution yield and on top of that, it’s being paid monthly. Also today in my portfolio, we welcome some very great dividend income coming from Colabor Group Inc. (GCL) (58.13$) and Premium Brands Holdings Corporation (PBH) (126.13$).

Also today, the spectacular DNI Metals Inc. (DNI) has decided to ROCK the Venture once again to climb the 42 cents per share, this bringing my investment in DNI to close to 1 200$. If I would be selling my DNI stocks now, I would be making a profit of 740$+. But since I am this very good investor (yeah yeah yeah!!), I won’t be selling my DNI stocks any time soon. Hold on DNI and stay tune because 2012 is going to be a rocking year for u!!!

Eric Sprott silver babe is on the high too! I made good gain in my TFSA today.

$$$

Reviewing my position within the troublemaker stock, I have name: Rogers Sugars Inc. (RSI)

Today, I did something I wanted to do for a real long time: I partly sell my holding in Rogers Sugars Inc. (RSI). I made my investment in Rogers Sugars Inc. (RSI) back on February 1, 2011. Since that time, I never had been able to make real good capital gain on RSI. Yesterday was a good day for RSI and it was the same today. While giving a quick look at my stocks today, I notice that RSI was still on a high for a second day on a row.

I am not a passive investor. When a stock fails at giving me what I want, I take care of business.

I had been lucky enough to have the opportunity to sell some GCL stocks at a good price. Just like RSI, GCL is another of what I have named around here as being troublemaker stocks. A troublemaker stock profile is the following: a too high dividend yield, unstable in the value in good like in bad market condition, no capital value gained been realized on the investment even after more than 6 months of being hold.

Once you hold them in your investment portfolio it’s terribly difficult to get rid of a troublemaker stock. Why?

Let’s take my example with Rogers Sugars Inc. (RSI). Back in February 1, 2011, I had invested in 300 stocks of Rogers Sugars Inc. (RSI). Since that time, because I am registered to an automatic DRIP for everything that I hold, the dividend distribution I received from RSI has mostly been reinvested to generate extra stocks of RSI. With those reinvestments, my book value was, until today, 5.57$ per stock.

It’s difficult to get rid of a troublemaker stocks because their value is unstable. Chances that you can eventually sell a troublemaker stocks at profit is very low. Most of time, the selling generate a capital loss. In this case, I have sold today more than 200 stocks of Rogers Sugars Inc. (RSI) at 5.56$. I am loosing here 20$. I still have some stocks left of RSI in my portfolio, but now, I don’t even have 100 stock of RSI.

Today, after broker commission fee, my sell of Rogers Sugars Inc. (RSI) generate 1 229.89$. It felt great to reduce my holding in RSI!

So far for January 2012, I had been able to reduce my position in 2 troublemaker stocks: Rogers Sugars Inc. (RSI) and Colabor Group Inc. (GCL). This is very great because I had been waiting a long time to do this.

Another troublemaker stock of mine is Data Group Inc. (DGI). I had bought some stocks of DGI at more than 6$+ per stock. Since that time, DGI value went below 4$ and it never went back to the 6$+. I don’t have problem with holding DGI at this time. When I first invested in DGI, I did so because I really like the company. No matter what, I am currently experiencing a capital loss of 1 587$ on this investment.

DGI recently transform into a corporation and since that time, DGI gained in value. It’s a course a bit scary to experiment this capital loss on Data Group Inc. (DGI), but you have to understand that there’s really nothing that the Dividend Girl cannot handle.

Fact is, an investor need to have the courage to make some change to its portfolio when its truly needed.

Next step will be to find a very great company to invest my freshly 1 229.89$ that been suddenly liberate from my sell of some RSI stocks.

When I decided to sell my troublemaker stock, I usually don’t sell them completely. I usually keep a small amount of shares in my portfolio, just as a souvenir that at some point, I had been sexy and adventurous. 2012 will mark my first 5 years of stock investment. So far, its look like this fifth year is going to be very amazing.

I am never getting enough of that TSX sublime stock market. Like never.

My Canadian Utilities Ltd. (CU) is increasing its quarterly dividend by 10 per cent

Not too long ago, I add Canadian Utilities Ltd. (CU) in my very s-p-e-c-i-a-l and h-o-t portfolio and now, guess what, in result of me being in CU, CU couldn’t do it better... Canadian Utilities Ltd. (CU) has increased its quarterly dividend by 10 cent.

This increase will be apply to the dividend distribution of March 1, for stocks hold of CU for at least 3 BUSINESS TRADING DAYS BEFORE February 7. It will make it so much less confusing if everything was explained so explicitly.

My fabulous Canadian Utilities Ltd. (CU) will provide a 40.25 cents dividend per share.

Kind of cool isn’t? If you want to be part of the coolness remember: 3 business days before February 7. And now, what are you waiting for? Go get some Canadian Utilities Ltd. (CU) stocks now. Like right now.

TFSA or RRSP contribution? What work best for the Dividend Girl

I really wanted to post yesterday but I was busy and finally, I didn’t post anything. I find Susan Brunner last comment quite interesting. Instead of investing 7k in my RRSP account, Susan suggested to simply invest 5k in my TFSA. Fact is, in 30+ years from now, when I will withdraw cash from the RRSP, I will be paying income taxes on each and single withdraw. The more I invest money in my RRSP and the more I generate money in my RRSP, the more I will be paying taxes at the end. Is that being smart? No, not at all. Without Susan, I wouldn’t have been able to figure this all by myself.

TD Waterhouse – like probably all of the brokers we have out there – is extra extra cheap. TD Waterhouse commission fee is 9.99$ per buy and per sell operations. TD Waterhouse policy for TFSA regarding withdraws is extra extra mean-cheap: ONE ohhhhh ONE single withdraw ONLY per year is authorized. You can do more than one withdraw per year but you’ll have to pay big $$$ to do any subsequent withdraws. Just like if you didn’t work hard enough for your money. This is how TD CEO gets paid millions and millions EACH SINGLE year. While they make us pay the big fees, there’re some lazy bankers who are getting overpaid. That’s for sure. That one TFSA withdraw rule really suck. However, let’s check on this all over again ok.

Which one is a better safe net for your money? TFSA or RRSP?

As you know, I have a 7k I can invest for my 2011 RRSP contribution. Per year, an investor can invest 5k in the TFSA without penalties. You can also add to that 5k the amount of any withdraws made the year before. Let say you have withdraw 2k from your TFSA in 2011, for 2012, you are authorized to invest 2k + 5k.

A RRSP contribution provides a tax break. Any investment made inside a TFSA is free of tax, but it won’t give you a tax break, meaning it won’t reduce the amount you declared as an income.

RRSP and TFSA are 2 different things.

I didn’t work that much in 2011. From what I have estimated, I didn’t earn more than 35k or something like it. That’s really not that much. So do I really need the tax break that provides the RRSP contribution? While living in New Brunswick, I pay a lot less in taxes that if I would have still be living in the horrible Quebec province. Knowing that I will have, one day, taxes to pay on every single RRSP withdraws... at this point, you know, the RRSP, I don’t really care any more. This being because while being a senior, I will have to pay taxes on withdraw made from the RRSP. In 30+ years from now, the money invested in the RRSP will certainly grow. And the original amount invested + all of the profit made will be tax at each withdraw.

I haven’t invested in my TFSA in 2010. This means I can invest 10k in my TFSA in 2012. But it doesn’t mean that I will be investing 10k in my TFSA.

I didn’t maximize my TFSA for quite a while because I preferred to have a 6 figures portfolio in a non-registered account with a margin account incorporated in it and have it all BIG.

Feel like getting a capital gain booster? Go with Agrium Inc. (AGU)

My non-registered portfolio is at a very good 116 821.84$, my TFSA is at 4 203.75$. The stock part of my RRSP is at 20 737.97$. Everything is performing well. When the stock market is on the high, everything goes. And when the stock market is on the high, the only thing I want to do is to invest more. And... guess what, tomorrow at midnight is... pay night! Fun, but I have a problem: I have a 7k RRSP contribution that I want to do before Mach of this year. 7k is a massive amount. This is a 7k investment that I won’t be able to enjoy freely inside a non-registered account. Does it really worth it?

I don’t like the idea of investing 7k inside my RRSP account, but on the other hand, I need a tax break. In 2011, I really didn’t work that much in term of monetary work. Strangely, 2011 has been the year of all the fantasies. I boost my dividend income as well as my debt level, I trade, trade trade. In silver, in blue chips etc. etc. etc. In other words, in 2011, it was the F off attitude and I trade and I never stop. It was truly a fascinating year, of all of the extravagances, the year of 31 years of F life. lol.

I feel almost sad to invest 7k in my RRSP. That’s a 7k that will be detach of me forever. I won’t be able to withdraw it (I could, but I will face enormous penalties if I do). I could use all the money on a house but welcome trouble in 10 years from now when the money needs to return in. Like F-F-F. :)

And this problem is being even worst: in where to invest the money that will sleep in for more than 30 years?!!

RRSP? Definitively boring and depressing.

But, I find a product to invest 2 500$ and best of all, I can contribute by using my American Express credit card. I find that one in Derek Foster latest book The Worried Boomer: No Pension? Not wealthy? Here’s your plan! Simply go at the page 103. There’s you go, now you know in which product I will be investing 2 500$ of my own money. I have a close to 700$ contribution coming from my employer. That’s cool, but I still have a 3 800$ to go. I don’t know if you agree, but 3 800$ is quite of an amount. I think I simply put the money in my TD Waterhouse account and invest in conservative stuff. I want the RRSP money to be there when I need it. I will probably be living until 80 years and up, maybe more, maybe less but chances are I will be living until at least my seventies... See, that’s exactly why I don’t like RRSP because it makes me think about the future and I really don’t like that. Not at all.

BMO Bank of Montreal is showing off once again sign of little intelligence. BMO Bank of Montreal (BMO) upgrades Agrium (AGU). I knew from the start that Agrium is ABSOLETELY HUGE. This girl knows the stuff for sure right. BMO Bank of Montreal is a little late on its update. Me the Dividend Girl, I invested in Agrium Inc. (AGU) on December 14, 2011, when AGU stocks were at 67.13$. AGU closed today session at 75.16$. This make a direct and very real profit of 8.03$ per STOCK on a very short period of time. BMO Bank of Montreal has just waked up now. Wow. I am not impress.

I am a genius or almost. That you like it or not, there’s some stuff like that who will just never never change.

Of course, it’s not all of the multiple stocks I hold in my portfolio that are performing that well but remember, I am still a genius, focus on the overage, not on a one and single stock situation. Or it could kill you.

Tomorrow, we’ll discuss why my investment portfolio is X-LARGE and why I decided to invest in many multiple companies instead of having a portfolio of 5-10 companies. We’ll see all that tomorrow so stay tune ok.

And by just thinking now, investing 7k for my RRSP by March 2012 is going to be quite of a challenge. 

Gordon Pape 2012 super stock pick: Brookfield Infrastructure Partners L.P. (BIP)

Gordon Pape top stock recommendation for 2012 is not a Canadian stock, but it’s a US one: Brookfield Infrastructure Partners L.P. (BIP). This company is from our fantastic TSX under the ticket symbol BIP.UN.

While the Canadian market offer many great investing possibilities, despite it all, Gordon Pape decided to go South for his 2012 top pick. What a shame coming from a well-known financial advisor who made his career in Canada. But don’t be surprise. Gordon Pape is not a Canadian. He was born several decades ago in the USA. The fact that Gordon Pape is not Canadian certainly played on the way he analyses the Canadian stock market and also on the way he perceived Canadians and our super-super Canadian stock market.

Believe it or not, we have one of the best stock market of the worldwide world. With their natural arrogance, Americans put their country in heavy deficit. Their recession has almost destroyed forever the capitalist worldwide. Nothing to be very proud of. However, despite it all, I had been able to turn the capitalist system to my own advantage with an investment portfolio that is almost 100% Canadian oriented. I have been investing since 2005. I start my personal financial blog in 2007 and I placed my first stock investment in 2008, shortly before the stock crash. No matter how bad was the hit, I totally recovered from the 2008 stock market crash. 2011 also been a difficult year for the stock market. It was a year where I experiment a 0% return, despite day trading, despite investing in the risky silver PHS.U. Despite is all, with all the risk I took, I didn’t lose money. Why?

The answer to this is because my investment portfolio is almost 100% Canadian. With many good stuff like PPL, ENF, BNS, CDL.A, FTS, DH, PBH and many many other, I had been able to survive the 2011. Fact is, I had made Canadian stocks the pillars of my lifetime investment project.

Companies like CNR, PPL, AGU could have easily earn the 2012 super stock title, but Gordon Pape decided to go to his homeland country. I don’t have any problem with that but I do know better.

There’s major problems with Gordon Pape 2012 favorite Brookfield Infrastructure Partners L.P. (BIP). First of all, Brookfield Infrastructure Partners L.P. (BIP) headquarters are located in the Bermuda.

You need to know that while deciding to invest overseas, you double the risk for your investments. The stock market is already rough in the present stock market we live in. While investing, you need to do it on the best stock market of the world. And you know that it’s the Canadian one.

Also, as soon you step outside Canada, you fall under a different accounting authority, a different legislation. Accounting “laws”, if I can name those like that are not all the same worldwide. Basic accounting principles are not always being followed in emerging countries and in other countries as well. And that being true about Bermuda and also China.

In order to explain better what I mean, I am partly copying a post that I wrote back in June 2011:

“I will always remember what a financial planner working for Manulife Financial once told me about business located in China. That was in 2007, when I invested in segregated funds for my RRSP. Back at the time, I didn’t want to handle any investment risks and despite my young age (I was 27 back than), I decided to invest like a senior, I invested in some Manulife Financial segregates funds, in the following: Maritime Life International Equity Fund (Templeton), Manulife Simplicity Growth Portfolio, Maritime Life CI Harbour Seg Fund, Maritime Life Fidelity True North Seg Fund and Manulife GIF MLIA B World Invest.

We had that conversation after I mention to her that mutual funds invested in Chinese companies that were performing well. At the time, I was closely following a BMO Bank of Montreal mutual fund: the BMO Greater China Class. The fund was performing extremely well and I was impressed by the BMO Greater China Class.

Following what, the financial planner told me that it was because in China, the regulations were not the same when it comes to financial statements and that there was a lot of business fraud in China. Also, all investments made in Chinese companies needed to be handle with a lot of care. Those words never leave me because I was absolutely fascinated by China economy of the time. I still have the same fascination. But I do not invest in anything related to China for the reason that the regulation is not the same. It’s already risky enough to invest, why should you add another risk by investing overseas? That’s why I am mostly Canadian oriented when it come to investment.

Anyhow, today, a very sad story came out about a company that I never really notice before: Sino-Forest Corp. (TRE). Despite investing in stocks, I am in a way very conservative in my investments. I am not very attract to the big shinny names who are extremely well-rank by analysts. Personally, the only analysts I trust are Derek Foster (the guy who stop working) and SP Brunner (a well established blogger). I never lost anything by following those 2. Brunner is quite modest, saying in her stock reviews that they are not stock recommendations but hey, when you read her hot stuff about K-Bro Linen Inc. (KBL), per example, is that really anything else that would do than just invest in the company after reading her review? :0)

Anyhow, until recently, Sino-Forest Corp. (TRE) was performing extremely well, its value had gone from a 5$ to a 20$+ very quickly. It was the darling of everyone... Until someone of the name of Carson Block arrived in the show. Carson Block is a good looking 35 years, gangsters rap fan and a trained lawyer (got the portrait?) who declared that Sino-Forest Corp. (TRE) does not have real trees and that the company is not operating a real business. That might be true, but investors will have to do a trip in China to see for themselves if Carson Block declarations are true of false, because Sino-Forest Corp. (TRE) operates in China only... That Sino-Forest Corp. (TRE) operates a real business or not has any incident for me. I am not an investor of Sino-Forest Corp. (TRE). So why do I care?

Well, this incident surrounding Sino-Forest Corp. (TRE) shows the importance of diversification inside a portfolio. On the stock market, everything and anything can happen. I received bad comments in different occasions, saying that my portfolio is too complex, too bizarre, too diversify. Investing is not necessarily easy and in the investment game, diversification is your best friend.” (The Dividend Girl, June 9, 2011).

We have the best stock market of the world, there’s no reason why you should be following Gordon Pape footsteps and invest in a US company based in Bermuda on top of that. I mean come on.

Also, Brookfield Infrastructure Partners L.P. (BIP) doesn’t have enough in history to be name best stock of 2012. The company began to trade way AFTER the 2008 stock market. So we don’t know for sure if BIP can handle an in deep stock market volatility and, even worst, a stock market crash affecting the economy worldwide. The stock crash of August 2011 doesn’t count because it was related to the Euro, it wasn’t major enough for us to analyze BIP.

When I invest in a stock, I look at the chart on date of the creation of the stock on date of today. First thing to check: you want a chart that goes on like a rocket, not a yo-yo stock. What I am running after is constancy, something that will be strong enough to support my margin and my appetite for trading. Good past results doesn’t mean that the future of the stock is brilliant. However, it’s a good indicator about the volatility of the title. While investing, I want is all, I want a title stable in value that will also grow in value overtime and I also want a good dividend yield. It’s difficult to have it all but not impossible. BIP is a too young company to be name best 2012 stock pick. And fact that BIP is located in Bermuda is not helping either. Stay away from companies having their headquarters overseas. Be extremely careful with those.

Brookfield Infrastructure Partners L.P. (BIP)? No, it’s not for me, and it’s not for you either.

My deb situation on date of January 6, 2012

8 371.27$ at a low interest rate of 4.75% (RRSP credit line rates) = 397.64$ in annual interest

4 800$ at a low interest rate of 4% (credit line rates) = 192$ in annual interest

7 756.82$ on a credit card at a low interest rate of 2.9% (result of a credit card balance transfer) = 224.95$ in annual interest

7 050.55$ at low interest rate loan at 5.50% (student loan) = 387.78$ in annual interest

5 000$ at 8.75% (credit line) = 437.50$ in annual interest PAID OFF

8 943.30$ at 7.52% (credit line rates) = 672.54$ in annual interest

49 911.02$ at a low interest rates of 4.25% (margin money coming from my broker account): =
2 121.22$ in annual interest

TOTAL: 86 832.96$

TOTAL in annual interest: 3 996.13$
[In date of January 6, 2012]