I am now at 158 528.64$

I just complete the update of my investment portfolio & debt situation. My non-registered portfolio is at a good 112 027.56$. At 39 412.90$, my RRSP is close to the 40k. I am happy with the overall 158 528.64$ in asset. I have some projects (again!) for my non-registered portfolio. I would like to reduce by half my investment hold in Sprott Inc. (SII) and Data Group Income Fund (DGI.UN) as I find the amount invested in those 2 as being too high. However, I feel comfortable having more than 10k invested in Pembina Pipeline Corporation (PPL) and close to 10k in Just Energy Group Inc. (JE).

As discussed previously million of times, I would like to sell at profit my holding of Horizons BetaPro COMEX Silver Bear Plus ETF (HZD).

I would also like to sell some stocks of Exchange Income Corporation (EIF). I am not exactly comfortable with the amount of money invested in EIF. Same thing for Premium Brands Holdings Corporation (PBH). I would like to sell 100 stocks of it as the holding is too important at this time. I would like to see the amount decrease of 2 000$ for those 2.

Also for the future, I would like to sell at profit First Majestic Silver Corp (FR).

Still a lot of trading ahead, but it’s just to come with a better portfolio, diversified and minimize the investment risk. The goal is to build a portfolio I can rely in case of another market correction. I want to be able to skip one day or 2 of market monitoring and I want to be able to go to vacation without having to fear for my portfolio. Not that I fear now, but there’s still stuff I am currently working on. And there will be no more day trading.

EnCana Corporation (ECA) deal with PetroChina did not work out and it’s seem like investors did not appreciate it, because ECA closed the day at less than 30$. This does not bother me as I originally made my investment in EnCana Corporation (ECA) using my own cash and not margin account money. I see my holding in ECA for the long run. Despite ECA falling down to 30$, ECA is still a strong asset bringing in stability to my portfolio.

I previously have sold some stocks of Corby Distilleries Limited (CDL.A) and reinvested the money in Atlantic Power Corp (ATP). I am happy I proceed to this transaction because CDL.A had fall below 16$ per stock for an unknown reason. Atlantic Power Corp (ATP) is now exceeding the 15$ per stock, which is really good.

At this point, I feel important to proceed with some adjustment in order to diversify the portfolio and also protect it from crushing down in case of a correction. I was quite amazed to see that despite the market condition, I am not that far behind the 160k, which I find very good at this point.

I did not forget to comment more FR and my vote for the merger of equals. I am going to do that tomorrow. I need to get my beauty sleep for now. Because don't forget, I am the Dividend Girl AND the Beauty Queen Next Door. :00)

My investment portfolio on date of June 21, 2011

Savings:
290$

Non registered Investments:
Stocks and Units investment portfolio CAN$
Sprott Inc. (SII): 7 924.80$
Timminco (TIM): 72$
Blue Note Mining (BNT): 32$
Bank of Nova Scotia (BNS): 6 204.93$
Hanwei Energy Services (HE): 64.50$
Methanex Corporation (MX): 2 987$
Fortis (FTS): 3 425.07$
Pembina Pipeline Corporation (PPL):
10 853.50$
Just Energy Group Inc. (JE): 9 248.25$
Pengrowth Energy Corporation (PGF): 2 614.86$
Enbridge Income Fund Holdings Inc. (ENF): 6 012.50$
Corby Distilleries Limited (CDL.A): 1 605.77$
Davis + Henderson Corporation (DH):
4 045.32$
Premium Brands Holdings Corporation (PBH):
6 776.95$
EnCana Corporation (ECA): 5 870.12$
iShares S&P/TSX Capped REIT Index (XRE): 2 299.22$
Horizons Gold Yield Fund (HGY.UN): 1 910$
Canfor Pulp Products Inc. (CFX): 1 815.60$
New Flyer Industries Inc. (NFI.UN): 1 561.48$
Capital Power Income L.P. (CPA.UN): 1 935$
Exchange Income Corporation (EIF): 6 625.88$
Rogers Sugar Inc. (RSI): 1 632.48$
Student Transportation (STB): 1 270.78$
Colabor Group Inc. (GCL): 2 009.40$
TMX Group Inc. (X): 4 423.80$
Data Group Income Fund (DGI.UN): 3 497.35$
K-Bro Linen Inc. (KBL): 2 150$
Westshore Terminals Invest Corp (WTE.UN): 4 918$
WesternOne Equity Income Fund (WEQ.UN): 2 432$
Atlantic Power Corp (ATP): 1 510$
Horizons BetaPro COMEX Silver Bear Plus ETF (HZD): 2 508$
First Majestic Silver Corp (FR): 1 791$

TOTAL: 112 027.56$

Stocks and Units investment portfolio US$:
Sprott Physical Silver Trust ET (PSLV): 2 555.96$
US cash: 4.12$

TOTAL: 2 527.11$ US

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): 22.62$
Dumont Nickel Inc. (DNI): 761.88$
Sprott Physical Silver Trust UTS (PHS.U): 3 325.20$
Cash: 2.44$

TOTAL: 4 112.14$

RSP investment portfolio:
Sprott Canadian Equity Fund: 6 642.89$
Claymore Gold Bullion ETF (CGL): 4 715.10$
EnCana Corporation (ECA): 2 906$
Emera Incorporated (EMA): 6 615$
Sprott Physical Silver Trust UTS (PHS.U): 1 108.40$
Cash: 72.24$

CIBC Dividend Growth Fund: 564.19$
CIBC Emerging Markets Index Fund: 393.18$
CIBC Monthly Income Fund: 1 021.68$

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): 652.66$
Manulife Simplicity Growth Portfolio: 898.59$
Maritime Life CI Harbour Seg Fund: 1 061.83$
Maritime Life Fidelity True North Seg Fund: 1 027.10$

Manulife GIF MLIA B World Invest: 657.26$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 558.61$
RBC U.S. Mid-Cap Equity Fund C$: 2 008.92$
RBC Global Resources Fund: 1 128.49$
RBC O'Shaughnessy International Equity Fund: 663.86$
RBC O'Shaughnessy All-Canadian Equity
Fund: 1 185.14$
RBC Global Precious Metals Fund: 939.67$

TOTAL: 39 412.90$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(118.93$):
158 528.64$

My debt situation on date of June 21, 2011

9 102.21$ at a low interest rate of 4.75% (RRSP credit line rates) = 432.35$ in annual interest

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

7 831.19$ on a TD Canada Trust credit card at a low interest rate of 4.9% (result of a credit card balance transfer) = 383.73$ in annual interest

7 517.38$ at low interest rate loan at 5.50% (student loan) = 413.46$ 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

39 809.44$ at a low interest rates of 4.25% (margin money coming from TD Water house): =
1 691.90$ in annual interest

TOTAL: 79 060.22$

TOTAL in annual interest: 3 865.44$
[In date of June 21, 2011]

The TSX is now exceeding the 13 000 points, but for how long?

For today, the TSX is exceeding the 13k+ points. But the question being: will it last? The stock market had stressed me more than usual. It’s not something that I cannot handle, but my margin account situation had preoccupied me. But I am now back on track. It’s really important for me not to fall behind the 20k on margin account money. And now I am even exceeding the 21k, which is better.

Here’s yesterday data for Monday June 20th, 2011:

Portion of the margin account that been used: 39 809.44$
Non-registered portfolio value: 110 290$
Money left available of the margin account: 21 262.80$

Currently, my non-registered investment portfolio is at 111 828$, a gain of 1 538$ compare to yesterday. As I said one time before, my portfolio follows the Toronto stock market. When the market is up, I am up too, when the market crash, I crash too...

Many things on the way. I learn from a reader that Atlantic Power Corp (ATP) is looking forward to acquire another of my holding, Capital Power Income L.P. (CPA.UN). Interesting! Also, read this post forum about Dumont Nickel Inc. (DNI), you’ll see, it’s pretty interesting too. First Majestic Silver Corp (FR) is on its way to become a blockbuster stock, we are going to chat about it later. And also, I am soon going to vote in favor of the London Stock Exchange Group merger of equals. It’s going to be an historical vote and guess what, I will be part of it! YEAH! We’ll also discuss about the reasons why I am in favor of the merger of equal project also later. Many stuff on the way. Be ready, because I am :0)

More high quality stocks for more high dividend yield companies

Today’s data are much better than yesterday, following my deposit of not 1 000$, but 1 080$ on my margin account (I really gave all I could)!

Portion of the margin account that been used: 39 593.49$
Non-registered portfolio value: 109 671$
Money left available of the margin account: 21 167.70$

The portion available of my margin account is now exceeding the 21 000$. This is much better. And it will be even better once I will be selling my units of Horizons BetaPro COMEX Silver Bear Plus ETF (HZD). After proceeding with the 1 080$ deposit on my margin account, part of me really wanted to invest in something.

The year 2011 began in a real strange way. I focus almost exclusively on my dividend earning. Things were doing great, especially after finishing the year 2010 with a dividend income of 4 112.42$. I could easily double that amount. After the 8 000$ in dividend earning, the 15 000$ was just around the corner. Even while being here in Montreal, I can comfortably live on a monthly income of 1 300$. Hitting the 4k+ in dividend income was quite a breakthrough and following what, I only wanted to see that amount double, if not triple in a matter of a few weeks.

My hunger of dividend makes me proceed with different strategies. There’s been the silver strategy for a little while. Back in the time, I sell my Bell Aliant investment to buy some more units of Sprott Physical Silver Trust UTS (PHS.U). I was in heaven, until the silver crash of early May 2011. I also made different investments in Superior Plus Corp (SPB), New Flyer Industries Inc. (NFI.UN), Colabor Group Inc. (GCL), etc. I sell the first one (SPB) because it wasn’t matching too well my investment style. I can handle the market volatility, but when a title, all by itself, turn things up side down, I preferred to sell Superior Plus Corp (SPB) and I do not regret my decision. So far for 2011, my only wrong move, other than decided to day trade, was in Superior Plus Corp (SPB). Superior Plus Corp (SPB) may be a better match for more sophisticate investor.

As for NFI.UN and GCL, both are great despite being a bit more volatile than my other holdings (like PPL, ENF, PGF, ECA, JE etc...) and I plan to keep them in my portfolio. As for Sprott Physical Silver Trust UTS (PHS.U), it will gain again in value, but I have to say, the silver crash arrived like a big punch in my face. I never saw it coming. I had been holding PHS.U since late 2010, and since that time, I trade PHS.U numerous times. Until May 2011, PHS.U price value was remaining stable and then, there’s been the May 2011 silver crash. The current situation is not even better but at least PHS.U is exceeding the 15$ per unit.

I like to invest more than anything else and after proceeding with the 1 080$ deposit, I felt to invest in something! I came across Second Cup Ltd (SCU). I am a Second Cup fan and I visit their coffee shop every week days to by my now very famous medium coffee, veloute, please. Second Cup Ltd (SCU) trades at 6.60$. I have a feeling the stock price can go lower than that, so that’s a big part of the reason I didn’t invest in today. But it’s a stock I like to watch from time to time. At 8.89%, Second Cup Ltd (SCU) dividend yield is quite interesting. Good stock to buy, but 6.60$ is a bit high.

I just recently came with this new strategy, to mix high dividend payer with high quality stock. Eventually, I would like to incorporate more of high quality stock inside my portfolio. Here are some high quality stocks that I have thought of: Potash Corporation of Saskatchewan Inc. (POT), Canadian National Railway Company (CNR), TransCanada Corporation (TRP), Enbridge Inc. (ENB) and, once recently that had been review by SP Brunner, Canadian Tire Corporation, Limited (CTC.A). The trick would be to invest about 2 000$ in each of those companies to help create more of a stability value in my portfolio. Following what, I could bring more of those fantastic high dividend payers in without too much fear in front of a very volatile sensible market. That’s the plan. And the plan required a 10 000$.

POT, CNR, TRP and CTC.A, despite being among the high quality stocks, are not among the best dividend payer companies:

Potash Corporation of Saskatchewan Inc. (POT): dividend yield of 0.543%
Canadian National Railway Company (CNR): dividend yield of 1.771%
Canadian Tire Corporation, Limited (CTC.A): dividend yield of 1.773%
TransCanada Corporation (TRP): dividend yield of 4.071%

I don’t know if I am mistaking, but I think I read somewhere that Enbridge Inc. (ENB) dividend yield, following its recent split, is now of more than 6%. It does make sense, knowing that the yield was of 3.239% before the stock split. At more than 5%, a dividend yield became to be interesting. So with ENB, I will benefit of both worlds: high dividend payer and high quality stock.

At the end, the ultimate goal is to build a strong portfolio that will remain strong in front of market correction or, even worst, a stock crash. I had been able to build that so far, but I need to extend the effort to another level to result into a portfolio strong like rock. Pretty good plan isn’t? :0) Actually, that’s much much better than day trading that’s for sure. It’s all about knowing what you want. Want some fresh dividend cash? Go get it.

Attention margin investor: TD Waterhouse had reviewed its margin lending values

The TSX closed today session at 12 853.13 points, -118.90 points. On my way to work, I call TD Waterhouse. I wanted to find out if they were able to see in real time the money left on the margin account. Unfortunately, that information is not available in real time, even from their end. It’s a data that update itself once every day in the evening, usually pass 9pm from what I had been able to observe so far. Not that was that stressed, but I was curious to find out. I don’t want to fall below 20 000$. And guess what, I closed today session at 20 001.88$...

Here’s today data:

Portion of the margin account that been used: 40 677.24$
Non-registered portfolio value: 109 615$
Money left available of the margin account: 20 001.88$

For me, the 20 000$ is something quite strategic, in the sense that if the money fail below the 20k, I feel danger.

Just like it was planned, I will be able to make a 1 000$ deposit on my margin account tomorrow morning. This will help to increase my margin value. I won’t be able to make any other deposit coming from my own money for the month of June. And for the month of July, it could be more difficult, since I will be away for 2 weeks. I would like to be able to sell HZD before I leave, to keep peace of mind. We’ll see what happen.

I went through the reading of an interesting note. On June 16, 2011, TD Waterhouse has review its margin lending values. A PDF document had been produced, in which the chances appear. Some of my current holdings appear in the list of securities whose lending values have changed.

Here they are:

Rogers Sugar Inc. (RSI): 50%
Sprott Inc. (SII): 50%
Methanex Corporation (MX): 50%
Canfor Pulp Products Inc. (CFX): 50%
First Majestic Silver Corp (FR): 50%
WesternOne Equity Income Fund (WEQ.UN): 25%
Corby Distilleries Limited (CDL.A): 25%
K-Bro Linen Inc. (KBL): 25%
Data Group Income Fund (DGI.UN): 25%
Exchange Income Corporation (EIF): 25%
Horizons Gold Yield Fund (HGY.UN): 25%
Premium Brands Holdings Corporation (PBH): 25%

It’s been a good surprised to see Rogers Sugar Inc. (RSI), Sprott Inc. (SII), Methanex Corporation (MX), Canfor Pulp Products Inc. (CFX) and First Majestic Silver Corp (FR) at 50%. For my understanding, that means that TD Waterhouse will bring in to the margin value half of any investments hold in RSI, SII, MX and CFX. I am surprise to see RSI and SII at 50%. Not because that they are not good investment, but because I had been holding them for quite some time, I know how much RSI and SII can be volatile. However, it’s good news because I massively hold SII in my portfolio right now. All the rest of the list is at 25%, with WesternOne Equity Income Fund (WEQ.UN), Corby Distilleries Limited (CDL.A), K-Bro Linen Inc. (KBL), Data Group Income Fund (DGI.UN), Exchange Income Corporation (EIF), Horizons Gold Yield Fund (HGY.UN) and Premium Brands Holdings Corporation (PBH) included in the listing.

Interesting, but this new listing show the difficulty of margin. This meaning that at any time, TD Waterhouse can modify the percentage giving to each company eligible for margin investment. That would be actually another con of margin investment. I knew a certain percentage was giving by TD, but seeing some changes being applied in the middle of a stock market crash is quite scary. But I am confident I will be able to go through this without too much trouble. The trouble change on a daily basis depending of the stock market directions. Selling HZD will brought in something like 4 000$ in cash and trust me, once the sell completed, the money will stay and remain on the margin account. At least for a little while.

Horizons BetaPro COMEX Silver Bear Plus ETF (HZD), it’s now your turn

Currently, I am doing a big fixation on my non-registered portfolio and you may find it repetitive or extremely boring, but a girl needs to do what she needs to do. Meaning I need to monitor closely my non-registered portfolio because of my margin account and of course, I didn’t find better to do than just to blog about it!

At this time, my portfolio is at 110 641.41$, up of 185.41$ compare to yesterday. This is not significant gain, but it’s a good record knowing that the TSX darling is at 12 960.62 points, a loss of 11.41 points. Not too bad. I am still in control of my margin account at this time and I was very happy to sell Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD) yesterday. Now, the next big thing is the selling of Horizons BetaPro COMEX Silver Bear Plus ETF (HZD). I wrote a lot about Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD) and Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) lately, but it’s because those 2 investments had drained me. I had used margin account money for day trading purposes. What an awful decision. Everything went fine in a relatively good Toronto stock market condition, but currently, with what’s going on in Greece, the market is extremely sensible and my margin account could suffered if I am not careful.

I didn’t have that much trouble monitoring my portfolio when the catastrophe hit Japan. Since the economy was already week in Greece, I think the market respond to that is exaggerate. When the tsunami hit Japan and provoke a nuclear disaster, the TSX did not plunge like that. And Japan is the third economic country of Earth, from what I understood. So to me, this is not making any sense. While Japan was facing the disaster, the TSX did not crash, but it’s crashing now because of Greece, Greece who never had been an economic powerful country. So because of that, I think the TSX will recover quickly. Remember: the stock market has a short term memory.

All this is strictly in term of business. However, I feel sadness for what’s going on in Greece and I just hope for an economic release. I read quite a bit on the topic and what seem to be the best solution will be for Greece to go back to their old currency and declared bankruptcy. From my understanding, it’s the only way for Greece to reconstruct themselves. A lower currency value could volume tourists and maybe exportation. Another problem being that Greece does not do enough of exportation. Anyhow, all this being interesting, but personally at this time, my only concern is to make a 1 000$ payment on my margin account by tomorrow morning, sell Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) and keep my margin account in control. I may able to do that. The most difficult part is Horizons BetaPro COMEX Silver Bear Plus ETF (HZD).

And in case you wonder, yes, Xavier Rolet is still among my financial guru and I still plan to vote in favor of the merger of equals. We will discuss in a later post the merger of equals and the reasons why I am now planning to vote YES.

Playing it safe on the broker margin account

Following my sell of HOD, my data look better now:

Portfolio value: 110 456$
Margin account money still available: 20 528.48$

Much much better. As long I still have left more than 20k available on the margin account, I am safe. Also, by the end of the week, I will have a 1 000$ available in cash to deposit on the margin account. I will be able to proceed with this deposit on Friday. And once the Toronto stock market will become more “normal”, I will take 2 000$ from my margin account and apply the money on my 10 000$ credit line. It won’t hurt.

Ok, so just 2 more days to go before finishing this crazy stock market week.

Atlantic Power Corp (ATP): a blockbuster stock

While the TMX is going through another correction (currently, the TMX is at 12 951.09 points, -146.72), a couple of my stocks are doing well. One of those holding doing better than the TMX itself is Atlantic Power Corp (ATP). But no surprise.

Ken Hartwick, who’s the President and Chief Executive Office of the super fantastic Just Energy Group Inc. (JE) is also from the Board of Directors of Atlantic Power Corp (ATP). There you go. You now know why Atlantic Power Corp (ATP) is performing so well.

I had been a long time investor of Just Energy Group Inc. (JE). If Rebecca MacDonald herself had brought in Ken Hartwick in the company she found years ago, you can be sure the man is good.

I find out about Ken Hartwick affiliation to another of my stock, Atlantic Power Corp (ATP), while reading the latest documentation in the voting package for Just Energy Group Inc. (JE). And of course, I vote in favor of Rebecca MacDonald, Ken Hartwick and all the other folks.

Just Energy Group Inc. (JE) is among my top holding. JE is rocking the place, as well as Atlantic Power Corp (ATP).

Atlantic Power Corp (ATP) currently trade at 15.14$, offer a dividend yield of 7.26% for 1.09$ in yearly dividend distribution.

Enjoy!

I did it, I sell my units of Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD) at 6.85$!

Ok, so this is quite exciting! I had a lot of things to do today and I wanted to write about my discomfort and my frustration about Jean Charest joining the Maple Group. Really frustrated. So early this morning I wash dishes, clean up, took a shower and run to the Jean-Paul Gaultier at La Baie. I swear, I was there at 2:04pm and Gauthier was gone! WOW. Anyhow, that’s ok. If you would tell me that Jean-François Tardif was going to be at Montreal La Baie between 12 and 2pm, I would have made sure to be there. But see, my interest in fashion and gay man is very little.... LOL!

BUT... I SAW RICK GENEST! He was in a rush, but I had time to see him snack a pic with a girl, and then he picked a box, I scream Rick! Rick! but he had the box in his hands and I think that our Rico had to leave in a rush... FUN! I am about 5’8 and Rick is a bit shorter than me. Maybe 5’6-5’7. And his tattoos are REAL.

This event was very fashion. At 2:04pm... Everyone gone! CRAZY....

But I have one of those good news! May God bless Rick Genest because while I was at the event, my sell of HOD went through! I had set myself a sell order at 6.85$ and the sell went through!!! I officially sell my 100 units of Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD) at 6.85$! WOW! The only thing that remain now that I want to get rid of are my units of HZD. For a little while, I taught I will have been stuck with HOD forever.

WOW! I am so happy right now!

I hope Xavier Rolet has as much fun as me today in Montreal.