Thomas Kloet TMX Group Inc. (X) CEO is the loser of the losers

While another month is about to end, this is actually very hard to believe. I was very disappointed today when I learned that the TMX Group Inc. (X) had decided to cancel the merger of equals deal. June 30, 2011 was supposed to be the big day, but the TMX Group call it quite one day before, without giving the chance to shareholders to speak their mind about the merger of equals. 

While canceling everything in a move a panic, TMX shows sign of an interior poor leadership. CEO Tom K should resign. The TMX should have gone through this all the way and give shareholders the opportunity to vote for or against the merger of equals. We’ll never know for sure if the deal could have gone through or not. A vote is a vote and has only value once accomplished. It would have been interesting to get the result of the vote. 

By calling it quite, Thomas Kloet and his board are acting like complete losers. And now that the deal with the London Stock Exchange Group had been cancel, Mr. Kloet is now going to study the proposition of the Maple Group while he already said before that the Maple Group proposition wasn’t valuable. So there’s a big contradiction in here. And worst of all, the TMX Group has to pay millions of dollars to the London Stock Exchange Group. 

Knowing that millions have to be paid in case the deal being cancel, the TMX Group should had giving the merger of equals its chance. The TMX Group shouldn’t have cancelled the vote, knowing millions were on the table. This demonstrates a poor leadership and this is not exactly very great for the image of Canada. Did Thomas Kloet got buy somewhere by banks? Would Thomas Kloet had been paid 300 000$ to cancel the merger of equals deal? Does the amount of 300 000$ sound familiar to you? Well, 300k is the amount that Brian Mulroney received in the Airbus Affair.

Here in Canada, financial crimes are not being paid the hard price and see the results. That’s what happening right now. Thomas Kloet is an idiot.

YES to the TMX Group Inc. (X) and the London Stock Exchange Group, NO to the Maple Group

On June 30, 2011, TMX Group Inc. (X) shareholders will be under the obligation to vote FOR the merger of equals. This need to be done to preserve the financial interests of Canada. Some will come with a totally opposite view, saying that in order to preserve the interest of Canada, shareholders need to vote against the merger of equals project.

Two days before the decisive vote, Jack Layton, a Quebecker born and raised in Montreal, Quebec province is suddenly manifesting some concerns about the merger of equals. Surprising? Not at all, knowing that major Quebec leaders and financial institutions are supporting the Maple Group. Jack Layton is certainly willing to support the Maple Group because in Canada, the New Democratic Party has become the official opposition because of strong support received in Quebec province. So Jack Layton position is one of a man willing to support his voters. It’s not in an optic to defend the interest of Canadians. Keep that in mind. It’s all about business here, but TMX shareholders like myself need to see clear in this foolish game.

The Caisse de dépôt et placement, Fonds de solidarité FTQ, National Bank and Desjardins Group are 4 major Quebec institutions that are taking part to the Maple Group. Major and poorly manage are two terms that fit best to those Quebec financial institutions. Not to forget who are Quebeckers in their essence.

For decades, selfish hypocrite Quebeckers have vote for the federal political party Bloc Québécois. From 1991 to todays, the party devoted itself to the protection of Quebec’s interests in the House of Commons of Canada, making the Bloc Québécois a sovereigntist party in Ottawa. While trying to please the fools, Canada Prime Ministers of all time had to spend a lot of time and energy on Quebec province. This drive Canada to the Sponsorship Scandal. The scandal result in good intention from Canada to enhance Quebec inside a united nation. But as always, Quebeckers destroy the good intention and f the whole thing.

The Sponsorship Scandal is similar to the Airbus affair. While being Prime Minister of Canada, Brian Mulroney accepted 300 000$ to promote Airbus inside the government. The bastard!

Never forget, always remember: Quebec is the shame of the Canadian nation. When it come to defend Canadian interests, Quebeckers need to back off because they never been able to match the level of efficiency of Canadians. Quebec eternal taste for glory is going to be short and sweet. On June 30, 2011, I am 90% sure that common sense will win and that vast majority of TMX shareholders will vote in favour of the merger of equals proposed by the London Stock Exchange Group. There’s no other issue. Canada needs to escape from an exclusive “bankers power” present in the Maple Group and, even more important, Canada need to remain far away from any Quebec power.

Quebeckers have to understand that they are part of a distinct society and that they don’t have any major role to play in the Canadian economy. We can do without Quebec and I hope that one day, Quebec province will separate from Canada. Let’s the Quebec fool play between them and between them only so Canada can finally shine.

Voting for the merger of equals equal a vote for Canada, a vote for the liberty of capitalism, a vote for the evolution of our exchange.

I vote for the merger of equals project on June 24, 2011 on St-Jean Baptist Day, to remember my vote forever. On June 24, I screamed a big NO to Quebec by voting FOR the merger of equals. Take that Quebec! And... oh... BACK OFF QUEBECKERS, BACK OFF FOREVER. Don’t come and mess up with Canadian interests. I think the message is clear now.

There was a lot of screams in this post, I hope I did not scare you too much. But at least, I did what I could. I want Quebec province to be totally out of the big scheme. I want  them to suffer, I want them to realize that they had missed their chance to become part of something they cannot measure the importance. To Love Canada is to hate Quebec. The province must be destroy and neglect from Canadian authorities and right now, well, Stephen Harper is doing the job quite well.

:0)

Yellow Media Inc. (YLO): a BUY, SELL or HOLD?

Before selling Yellow Media Inc. (YLO) on May 3, 2011 at 4.65$ per share, I was a long time shareholder of the company. Selling a long time asset is not something easy to do, but in the case of Yellow Media Inc. (YLO), it was absolutely needed. I did not lost the original investment made in the sell, but I lost about 300$ value that had been reinvested through the DRIP. At this point of my investment journey, everything is going very well. I went through the stock market crash of 2008. It’s certainly not now that I was going to lose valuable money in an investment. That’s why that on May 3, 2011, I sell all asset of YLO.

Afterward, I had received a few stocks resulting from my DRIP. I had called TD Waterhouse and they had been kind enough to sell my few stocks left at no charge. I am extremely grateful to TD Waterhouse because I no longer want any bad investments in my portfolio. I still have my stocks of Timminco (TIM) left in and that’s the only bad investment that remain in, as a tragic souvenir that even stock guru like Eric Sprott can make investment mistake. I now have myself as main guru and I never been doing so well since the time I told myself never again. No more investment tragedies. This is the kind of event you want to live once in a lifetime, not two or three times. That’s why I decided to sell, on the fatidic date of May 3, 2011, my investment in Yellow Media Inc. (YLO). No more tragedies. Eric Sprott has been my guru but he’s no more. I am now my own guru, that’s way much better, don’t you think so?

In 2007, I was mostly invested in mutual funds and I was reading Gordon Pape mutual funds reports. Fun, but there was way too much information available and the lazy girl that I am quickly turn down Gordon Pape mutual funds reports. Gordon Pape wrote about the current Yellow Media Inc. (YLO) tragedy. Because yes, what’s happening right now with Yellow Media Inc. (YLO), yes, I call it a tragedy, a disaster that some Quebec poor leaders are responsible of. And remember, I am on the stock market to win. To lose money because of Quebeckers. Never again.

So what’s the link between Yellow Pages and Gordon Pape? Well, Pape had written a chronicle appearing in my broker account at TD Waterhouse. From what catch me, it wasn’t a sell or purchase advice. It was a sell if an investor cannot support volatility and it was a buy for investors who can support risk. I absolutely hate those kinds of advices. Investors are in big need of real good advice. Not a gray zone. A Buy or Sell or Hold. Nothing in the in between. I want to know right now what I need to do for myself. Most of the time, I find the answers by myself.

In my investment journey, I had been very lucky. Lucky to have good people sending me from times to times emails, investment ideas, etc. etc. etc. Want to know what the emails are saying? Well, a few years ago, a man that I constantly refer to in my blog as the mountain lion hero aware me of Yellow Media Inc. (YLO), that it wasn’t a good investment because of Google and a lack of inside management of YLO, no long time vision for the company. That’s all I will say to keep it short. 

I am writing this because some investors, also Dividend Ninja, knew a long time back that YLO was not a winner pick. So we have here Dividend Ninja AND the mountain lion hero. So I don’t understand when Gordon Pape keeps it in a gray zone when it comes to YLO. And I hate that. That's it. I hate it.

It’s not going to get any better for YLO unless they get buy by a competitor. It’s over for YLO. It is not a value stock. YLO may be attractive for their high dividend yield, but when we’ll be facing another correction, YLO won’t be able to support it and may become, at that time, a penny stock, trading at less than 50 cents per stock. YLO high dividend yield is a trap. Remember who’s behind YLO management: Quebeckers. YLO management team do not have enough judgment to decrease their dividend. More sophisticate investors do not even invest in high dividend payer companies because they know it’s a trap. It’s irresponsible coming from YLO to pay a dividend yield exceeding the 10%. Absolutely irresponsible. 

I would like Gordon Pape to act like a financial guru and go with a BUY, SELL or HOLD when it comes to YLO but he didn’t. Back in 2007, I did not get what I wanted with Gordon Pape and in 2011, still the same thing. Who is that man anyway? Who is Gordon Pape? A Quebecker?

As for myself, on May 3, 2011, I took the best decision ever by selling Yellow Media Inc. (YLO).

Yellow Media Inc. (YLO)? SELL. Your money deserves better. Go with the dogs (TRP, CNR, etc.), not small players showing off the big yield just to impress and show it all. YLO is to be happily flush from your investment portfolio ASAP.

On the road to (finally) sell Horizons BetaPro COMEX Silver Bear Plus ETF (HZD)

To begin, here’s today data according to TD Waterhouse:

Portion of the margin account that been used: 39 978.78$
Non-registered portfolio value: 111 351$
Money left available of the margin account: 21 518.13$

My investment portfolio is stable despite the financial storm going on right now. As long my margin account exceed the 20k in funds available, I think I will be able to go through this without too much trouble. Because storm is. Some analysts said that we’ll be facing soon another recession (but we’re already in one right?) and some other are a bit more optimistic and say we are on the way for recovery, but it will take time. As for myself, I prefer to manage my portfolio like if an upcoming second market crash would be on it’s the way. Better be ready for the worst. Personally, I don’t think we’ll be facing something as huge as the 2008 stock market crash. I think the market will be very volatile in the upcoming weeks and that’s why I am now more focus on having quality asset rather than high dividend yield payers. While focusing on quality asset, you’ll be protecting your portfolio to any eventually tornado.

Currently, my goal is to sell at 8$ per unit my investment holds in Horizons BetaPro COMEX Silver Bear Plus ETF (HZD). This will bring more than 3k on my margin account. Following that sell – that I feel could be completed for this week – I would like to invest in a couple of shares of TransCanada Corp (TRP). This is very unfortunate because today was the latest day to invest in TRP in order to benefit from their dividend. I need very strong assets in order to go through an eventual stock market crash and TRP can do the job. I wanted to invest in TRP for a very long time now. Usually, it doesn’t take me that long to invest in something I really want to add to my portfolio. But at this time, I feel important to go with one thing at a time. First, sell HZD and after, invest in TRP. I want to remain at 20k+ on the available portion margin and for that, I need to stay in control.

Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) closed today session at a fantastic 7.37$. Good, but still far behind the 7.79$ I had purchased HZD. But I remain confident. In case of a sudden luck, my sell order is out there and ready to go. If this can be completed before I go in vacations, it could be absolutely perfect. And then, I could add another dog in: TransCanada Corp (TRP). Basically, that’s the plan.

A good investor has to listen to good music: you have that with Soul Rebels Brass Band

Yesterday started the Montreal International Jazz Festival. I went yesterday and today after work and it was awesome. Tonight, Montreal got a taste of New Orleans with Soul Rebels Brass Band. It’s was an amazing show and I was right in front! Enjoy the video! This is my first YouTube video took front my iPod. I got the chance to be in the front row! This is Soul Rebels Brass Band on June 26, 2011. What an amazing show! Those guys have the groove!

On Bay Street, First Majestic Silver (FR) is the hot thing

The data for June 24, 2011 were quite good despite the actual market situation:

Portion of the margin account that been used: 39 973.52$
Non-registered portfolio value: 111 497$
Money left available of the margin account: 21 596.35$

I am still monitoring closely my non-registered portfolio and I think I will be doing this for the upcoming weeks. Monitoring very closely help me to stay in control. The control create an illusion of security. No matter what I do, if the market crash my portfolio will be crashing too and there's NOTHING I can do about it, if not stop investing in stocks. But that's not going to happen soon.

As long my margin balance left is of more than 20k, I don’t care too much about the market fluctuation. And no one should very care. Being too attentive too what’s going on with the Toronto stock market could possibly caused a panic attacked to anyone. Having going through the stock crash of 2008 help of course. But even before, the market was volatile. It always be and will always be. I decided to invest in stocks for my own benefit. There’s a lot of money to be made and so far in my journey, my gains always exceed the capital loss.

For my part, one way I had come with to fight the market volatility is by responding with diversification, which is known as asset mix. I don’t have a specific formula for diversification. I invest in what interested me, keeping in the back of my head the diversification rule, in sectors, and companies. My main rule is to keep it diversify, and not to invest too much money in the same spot. Those are the simple basic rules that I follow. And fact is, it’s been working quite well for me.

Colabor Group Inc. (GCL) closed today session at 10.12$. While exceeding the 10$, GCL is showing positive signs of recovery. Dumont Nickel Inc. (DNI) closed at a good 30 cents. I am still on profit mode with DNI, and I don’t plan to sell anytime soon because there’s good chance for Dumont Nickel Inc. (DNI) to come with some interesting mining development in a close future. And when it will happen, DNI will worth much more.

Another good surprise resides in WesternOne Equity Income Fund (WEQ.UN). On March 15, 2011, I made the very smart decision to invest in WesternOne Equity Income Fund (WEQ.UN). At the time, I acquired hundreds of stocks at 5.40$. Just to let you know... WEQ.UN closed today session at a very strong 6.55$! Those kind of good gains help to keep certain stability. Some other titles of my portfolio are not performing too well. It’s seemed to be a difficult time for Sprott Inc. (SII), EnCana Corporation (ECA) and Just Energy Group Inc. (JE), among other. Watching MY JE falling under the 14$ is not fun. Not fun at all. But, because my portfolio is diversify, gainers help the losers of the time.

If it continues like this, I may be able to sell Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) very soon. HZD closed today session at 7.07$. A couple of weeks ago, I had invested in some units at 7.79$. I had set myself an automatic sell order at 8$ per unit. The sooner the order goes on the better it will be. I had invested in HZD with the intention to sell on the same day to generate a small profit. I had been victim of a turnover and I wasn’t able to sell HZD at profit on the same day. However, this had been good learning experience. Never again will I gamble and try to time the stock market.

Day trading had brought in something really good in my investment portfolio: First Majestic Silver Corp (FR). While performing day trading the way I had explained it previously, I came through this Canadian company I had never heard about, First Majestic Silver Corp (FR). Fact is, First Majestic Silver Corp (FR) produced the purest silver of world. You can learn more about FR right here.

Since the silver crash, a lot had been said about silver. Actually, a lot had been said about silver before and after its crash. I had learned this: despite silver value going down, companies in silver mines will continue to raise profit. Why? I will refer to this previous post. Currently, there’s not enough of silver to cover the demand. Silver is greatly needed and the economic boom in China is only increasing the demand for all type of metals, including silver. And this is where it’s getting interesting.

On June 19, 2011, Julie Gordon for Thomson Reuters reported that US analysts recommended selective buying of silver miners. And among the selection, we find First Majestic Silver Corp (FR). Analysts recommend investing in silver mines because no matter how much silver worth, silver mines are in good position to boost profit. Reason behind is that precious and non precious metals are in high demands. Remember what Eric Sprott had said about silver. And there you go, you got a killer stock in First Majestic Silver Corp (FR) and, best of all, it’s Canadian and produces the highest pure silver quality of Earth. Is that enough powerful for you or not?

I had personally invested just a little in First Majestic Silver Corp (FR) and I am very proud, as you can imagine of my acquisition. But you need to be aware; FR is quite sensible to the market volatility and is not very stable. However, FR being sensible to the market make it a great investment for grow. Despite the fact that FR doesn’t pay dividend, at least not for now, I am willing to hold FR for now to later on, of course, see it EXPLODE in profit. Now, the only problem being would you be in when it happen? But that is not in any way my problem. It’s only yours.

Another stock market review by the Dividend Girl: it will never stop

I knew it, the TSX wasn’t going to stay over the 13 000 points for very long... Yesterday, I closed with more than 22k available on my margin account. I currently have a bit less than 22 000$ available. I don’t have any cash available and the next time I will be able to proceed with another 1 000$ deposit on my margin will be in the middle of July, just before leaving for my vacations. I am just hoping for a more or less stable market situation until the beginning of August, if it’s not too much to ask.

No opportunities of selling HZD at profit had presented itself. It’s a good thing in a way, because it’s not anytime soon I will be gambling my money over day trading. Never again. Overall, the portfolio is doing well. I had received a good dividend payment today of 40.77$ coming from Exchange Income Corporation (EIF). My fantastic Just Energy Group Inc. (JE) closed today session at less than 14$ per stock. Usually, JE is always exceeding the 14$ per stock. Seeing it under is just adding pressure. Pressure of adding more diversification in. I am not looking to sell what I currently hold of JE in any way, just a notification of a market volatility hitting the hard way. I don’t like to have EnCana Corporation (ECA) under the 30$ mark. All the good gain had disappeared by magic, just over the deception of a deal that never go through with PetroChina.

Some stocks of mine are being treated roughly on the market, but some other are doing extremely well: WesternOne Equity Income Fund (WEQ.UN), DNI Metals Inc. (DNI) and Student Transportation (STB) just to name a few. Colabor Group Inc. (GCL) is going back on track. GCL may be able to reach its old 12$ per stock once the market will be more stable. New Flyer Industries Inc. (NFI.UN) is going through some real challenge.

NFI.UN slowly prepared its transformation into a corporation. From my understanding, the dividend distribution should remain the same. NFI.UN is quite difficult to hold, but I am confident in the company. I am in to stay. Selling now and declaring a capital loss is not something I am into when it come to New Flyer Industries Inc. (NFI.UN). On June 21, NFI.UN announced they had been selected to supply 27 transit buses for the City of Sorel (province Quebec). Previously on June 16, New Flyer Industries Inc. (NFI.UN) signed a three year agreement with Metrolinx in order to produce 287 diesel transit buses. This contract has a value of $114 million! Quite good, knowing the economic situation of this time. So I think New Flyer Industries Inc. will be a winner on the long run. No need to sell and report a capital loss on this one.

The London Stock Exchange Group had come with this brand new idea: pay current TMX Group Inc. (X) shareholders a special dividend of 4$ per stock once the merger of equals deal closed and completed. I could barely believe it when I read the good news yesterday, I was in heaven. I invested in some stocks of TMX Group Inc. (X) at 41.97$ several months back, when the merger of equals project became public. That was on February 10, 2011. This was a very great move of mine. Back in February 2011, the announcement of the merger of equals totally captivated me. An investment in X was not needed, it was a necessity. And here I am today, having the chance to speak my mind of the merger of equals. Not only that, but I am going to cash big on this!

I made the decision to vote in favor of Xavier Rolet merger of equals project because from my perspective, the Maple Group proposal is a complete nonsense. Banks and pension funds cannot take care of the Toronto Stock Exchange PERIOD. The TMX Group Inc. (X) made the decision to sell its business, this decision had been taken by a group of specialist and if Tom Kloet, CEO, TMX Group made the decision to team up with the London Stock Exchange Group and Xavier Rolet, well, I won’t go against his will. A failure in the deal of the merger of equals could cost the TMX Group million of dollars. If the majority of X shareholders vote against the merger of equals, TMX will have to pay to the London Stock Exchange Group 10 million of dollars. And reverse is also true. If shareholders of the London Exchange vote against the merger of equals, London will have to pay TMX 10 million of dollars. If TMX is being hit behind by Canadian authorities, the Group will have to pay not 10 but 39 million to Xavier Rolet.

You can be sure that both Tom Kloet and Xavier Rolet know what they want and to establish such deal, they might be almost 100% sure that it will go through. The merger of equals is truly fascinating and the monster is going to bring a great deal of cash to me, shareholder of TMX Group Inc. (X). Following the merger of equals, London will become the center of the world. I hope UK people worth it. Canadians are giving themselves away. It’s all business, yes, but it’s also about building a stronger financial future for the UK and Canada. And I believe in such project. The Maple Group is a trap. Bankers of the Maple Group are being paid millions of dollars and they are part of a Canadian highly corruptible making million on the back of the middle class. But the middle class is smarter than them, and will vote, I hope, in favor of the merger of equals. Middle class and richer, for the merger of equals, there’s absolutely no other alternative and think about the cash, the stronger financial future and keep in mind, dear investors, the 4$ special dividend. Remember: life is all about money. Remember that. Time to show it all. It’s now show time for the TMX Group. Enjoy the show because I am quite enjoying it. ;)

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]