My investment portfolio on date of May 20, 2011

Savings:
550$

Non registered Investments:
Stocks and Units investment portfolio CAN$
Sprott Inc. (SII): 8 503.92$
Timminco (TIM): 80$
Blue Note Mining (BNT): 38$
Bank of Nova Scotia (BNS): 6 258.43$
Hanwei Energy Services (HE): 67.50$
Methanex Corporation (MX): 3 077.64$
Fortis (FTS): 3 560.96$
Pembina Pipeline Corporation (PPL):
10 447.29$
Just Energy Group Inc. (JE): 9 655.65$
Pengrowth Energy Corporation (PGF): 2 812.20$
Enbridge Income Fund Holdings Inc. (ENF): 6 093.75$
Corby Distilleries Limited (CDL.A): 1 720.10$
Davis + Henderson Corporation (DH):
4 149.36$
Premium Brands Holdings Corporation (PBH):
6 972$
EnCana Corporation (ECA): 6 585.20$
iShares S&P/TSX Capped REIT Index (XRE): 2 320.78$
Horizons Gold Yield Fund (HGY.UN): 1 890$
Canfor Pulp Products Inc. (CFX): 1 874.76$
New Flyer Industries Inc. (NFI.UN): 1 889.04$
Capital Power Income L.P. (CPA.UN): 1 919$
Exchange Income Corporation (EIF): 7 157.40$
Rogers Sugar Inc. (RSI): 1 605.12$
Student Transportation (STB): 1 373.60$
Colabor Group Inc. (GCL): 2 158.32$
TMX Group Inc. (X): 4 450.06$
Data Group Income Fund (DGI.UN): 3 991$
K-Bro Linen Inc. (KBL): 2 235$
Westshore Terminals Invest Corp (WTE.UN): 5 020$
WesternOne Equity Income Fund (WEQ.UN): 2 280$
Atlantic Power Corp (ATP): 1 473$
Horizons BetaPro COMEX Silver Bull Plus ETF (HZU): 2 898$
Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD): 625$
Horizons BetaPro COMEX Silver Bear Plus ETF (HZD): 2 792$
First Majestic Silver Corp (FR): 1 750$

TOTAL: 119 724.08$

Stocks and Units investment portfolio US$:
Sprott Physical Silver Trust ET (PSLV): 2 522.99$
US cash: 4.12$

TOTAL: 2 527.11$ US

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): 22.65$
Dumont Nickel Inc. (DNI): 474.38$
Sprott Physical Silver Trust UTS (PHS.U): 3 272.16$
Cash: 2.28$

TOTAL: 3 771.47$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 090.59$
Claymore Gold Bullion ETF (CGL): 3 272.16$
EnCana Corporation (ECA): 3 260$
Emera Incorporated (EMA): 6 651.84$
Sprott Physical Silver Trust UTS (PHS.U): 1 090.72$
Cash: 65.08$

CIBC Dividend Growth Fund: 580.41$
CIBC Emerging Markets Index Fund: 402.59$
CIBC Monthly Income Fund: 1 049.17$

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$

Maritime Life International Equity Fund
(Templeton): 676.31$
Manulife Simplicity Growth Portfolio: 931.48$
Maritime Life CI Harbour Seg Fund: 1 113.26$
Maritime Life Fidelity True North Seg Fund:
1 072.70$
Manulife GIF MLIA B World Invest: 670.01$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 577.10$
RBC U.S. Mid-Cap Equity Fund C$: 2 062.03$
RBC Global Resources Fund: 1 183.69$
RBC O'Shaughnessy International Equity Fund: 678.13$
RBC O'Shaughnessy All-Canadian Equity
Fund: 1 223.48$
RBC Global Precious Metals Fund: 967.08$

TOTAL: 39 209.92$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(74.47$):
165 897.05$

My debt situation on date of May 20, 2011

9 099.27$ at a low interest rate of 4.75% (RRSP credit line rates) = 432.22$ in annual interest

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

7 841.32$ on a TD Canada Trust credit card at a low interest rate of 4.9% (result of a credit card balance transfer) = 384.22$ in annual interest

7 580.28$ at low interest rate loan at 5.50% (student loan) = 416.92$ in annual interest

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

10 000$ at 7.52% (credit line rates) = 752$ in annual interest

44 944.96$ at a low interest rates of 4.25% (margin money coming from TD Water house): =
1 910.16$ in annual interest

TOTAL: 84 365.83$

TOTAL in annual interest: 4 091.52$
[In date of May 20, 2011]

Celebrating Canfor Pulp Products Inc. (CFX) first dividend distribution as corporation

Holding Canfor Pulp Products Inc. (CFX) in my portfolio had been a blessing. If I would sell what I own of Canfor Pulp Products Inc. (CFX) at this time, I would be making a profit of more than 400$! Back in January of this year, following an exchange with the mountain lion hero, I decided to invest in some stocks of CFX. CFX had been waiting for me for quite some time actually.

The mountain lion hero mentions Canfor Pulp Products Inc. (CFX) in one of his email but I never took time to look more closely than that into the company. In beginning 2011, I began to trade more in order to increase my dividend income. And it’s at that time that I remember the email of the man. And then, I took time to review the companies he was mentioning. Capital Power Income L.P. (CPA.UN), New Flyer Industries Inc. (NFI.UN) and Colabor Group Inc. (GCL) were among those companies. And of course, Canfor Pulp Products Inc. (CFX). Canfor Pulp Products Inc. (CFX) dividend yield may be at time around 10%. Before its conversion into a corporation, Canfor dividend yield was more than 20%.

I had been amazed by Canfor Pulp Products Inc. (CFX). My investment gain value very quickly. Yesterday, I had received Canfor Pulp Products Inc. (CFX) first dividend distribution as a corporation. Time to celebrate!

Welcome again Physical Silver Trust ET (PSLV) in my investment portfolio!

Following my day trade with Horizons BetaPro COMEX Silver Bull Plus ETF (HZU) (which I was very happy about by the way!), I decided to take a 1 000$ CAN and transfer it into US dollars. My 1 000$ in Canadian dollars worth 1 010.92$ in US ones. The exchange generate a profit of 10.92$, which is more than enough to cover one purchase commission of 9.99$.

Following Eric Sprott interview with Max Keiser that you can view in the previous post, I did what any investor would have done: I invest again in Sprott Physical Silver Trust ET (PSLV). Last time, I had invested in PSLV when it was at its 22$ 52 last week highest. As always, my timing was perfect... Shortly after, some sources came with the news that Eric Sprott had sell some of his Physical Silver Trust ET (PSLV) units, cashing in some enormous profit, something of the like of 36 million... Of course, the genius reinvested the money, but in other silver investment. Following what, the Physical Silver Trust ET (PSLV) was hitting down the 15$ per unit...

Despite the desperation, today, I invest again in Physical Silver Trust ET (PSLV) and I am very happy with the investment because I now own a mix of units purchase at 22$ and now, 16.03$. So overall, the new acquisition of today will equilibrate the whole thing. I won’t tolerate losing money on silver. That’s why I invested today again in some fresh new units of Physical Silver Trust ET (PSLV).

My investment in Sprott Physical Silver Trust ET (PSLV) is for the long term. Hopefully, my investment will double in value and this will happen very soon ok? I am done with selling, purchasing etc.... I want to concentrate on my HubPages. I have better things to do in life than just refreshing, refreshing, refreshing lol...

At this point, my investment portfolio, in US and Canadian dollars is absolutely perfect. I didn’t post an update of my investment portfolio for quite some time. If it happens that the TSX finish up today, I will to update my investment portfolio tonight.

About New Flyer Industries Inc. (NFI.UN)

If like me you hold New Flyer Industries Inc. (NFI.UN), my best recommendation is to HOLD. A reader asked me what I plan to do with this one, since NFI.UN had drop in value. I decided to stick to New Flyer Industries Inc. (NFI.UN) because it’s a leader in its industry. NFI.UN has the technology required to build bus transportation. They had handled very important contracts for public transportation in the past (for New York City, among other). Investors are crazy to be alarm because the company lost a 10% profit or something like it.

Once the situation in the US will become more stable, NFI.UN will raise in profit again. It’s very clear in my mind. Of course, it’s not fun to see a title going from 12$ to 9$. The case of New Flyer Industries Inc. (NFI.UN) is not like Yellow Media Inc. (YLO). New Flyer Industries Inc. (NFI.UN) will go up again. But when it come to Yellow Media Inc. (YLO), I doubt the company will ever reached its old 6$ per stock. I only sell stocks in case of necessity. Selling YLO was a necessity. And when it comes to NFI.UN, I think the company had good chances to go through this difficult time without too much problem. I could be wrong, but I really like NFI.UN. And New Flyer is a cool name.

And now Colabor Income Fund (GCL)

I also have the same philosophy when it come to Colabor Income Fund (GCL). Despite recent drop, I prefer to hold for now. GCL made some interesting acquisitions lately. Profit are going to come later or sooner. Colabor Income Fund (GCL)? HOLD :0)

Today, I day trade Horizons BetaPro COMEX Silver Bull Plus ETF (HZU)

Today, I wake up early because yesterday was the day were I could had sell what I own of Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) but I miss the opportunity since I did not wake up. As excuse, all I can say is that I finish work at midnight, arrived home at 1am and go to bed usually around 2am. Yesterday, Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) hit the 7.92$. I could had sell the units I had purchased at 7.79$, but I miss the boat. Same thing with Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD)... I could had sell HOD at profit yesterday, but there also, I miss the boat. The morning is really a good period for day trading, I know that now.

However, sometime, things happen for a reason, maybe I will be able to make a bigger profit on Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) and Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD) than the ones I could had made yesterday.

Today, I wake up at 9am, just on time to eat breakfast and make myself some coffee before the Toronto stock market open. Today, my goal was to catch up with my flop of yesterday. Today, I wanted to sell HZD and HOD at profit. But it did not happen. Currently, both HZD and HOD are down... but Horizons BetaPro COMEX Silver Bull Plus ETF (HZU) is up...

I could not resist trading silver again on margin trading alias day trading... so I jump, purchase 200, just 200 units of Horizons BetaPro COMEX Silver Bull Plus ETF (HZU) at 9.47$ and I sell at 9.70$, for a cutty profit of 26.02$ after commission... I am done for the day with day trading.

It’s looking good for First Majestic Silver Corp (FR) who’s currently up of 4%. I have hoped to make a profit out of this one. Maybe not today, but at a later date, certainly, just like for HZD and HOD.

When HZD is down, HZU, PHS.U and other guys are ups. Knowing that, day trading on silver is possible and interesting.

According to Eric Sprott, silver is the investment of the decade

Recently, Eric Sprott had been interviewed by Max Keiser. In the interview, Sprott explained his sell of Sprott Physical Silver Trust ET (PSLV). His explanation confirmed what I taught. I hold both PSLV and PHS.U in my portfolio. I invested in PSLV just before the silver crash, a couple of days ago. I still hold PSLV and PHS.U in my portfolio in date of today and I don’t plan to sell. This interview is very informative and it provides good info for small investors like myself who want to take advantage of silver investment.