Social Icons

Tuesday, November 12, 2013

It's a rough time for Data Group Inc. (DGI) investors

I was happy that the weekend finally was over because I had worked all weekend long on a little job for my self-employed work. I am just happy to be done with it. and this weekend, they had their first snow at home in New Brunswick. These days, when I leave work at 5 pm.... its dark. And its getting a lot colder too. So this is really the perfect time to get back on my feet in term of self-employed work and see what I can find. Despite what I work before, I haven't try to get on anything. Fact is, I love to have my weekend offs and I love to have my evenings... 

But now, because the Stop Working is almost dead in the sense it will require me another 100k to 200k in portfolio to make it easy, I decided its time to go. And especially now, because my Data Group Inc. (DGI) had decreased in value AND dividend income. To catch up from such disaster, there's not too many ways... got to invest again some fresh new cash in a new better investment.

At this point, if I sell my Data Group Inc. (DGI) shares, I will be loosing too much. and there's could be change it got better there. I like what the CEO said about the company, that they had a nice client portfolio but they needed to develop their technical side. If they add Internet stuff with their current printing activities, it could work well. Like a big communication firm. At a point, the company need to make money. I understand that - I have a business myself lol...

I am getting my pay this week, its probably going straight to my margin, which is at $54 500 at this time, with a margin value left of 17k+. I need to decrease the using of my margin to at least 50k, and if possible 40k. I think I am more in control now of my margin, its just I need to decrease its using. 

I haven't update my dividend income because f, its going low AGAIN. So I am just ignoring the numbers for now and I am going to work. I wake up earlier today, that's why you are getting this morning post. And its a surprise because I usually really enjoy my morning sleep beauty. There's no better time, even alone in bed.

Thursday, November 7, 2013

Could Canadian Tire be a good fit to my portfolio and what happen on the day that Derek Foster open the blinds and other things

Not too long ago, I invested in CT Real Estate Investment Trust (CRT.UN). Its sexy 6.5% dividend yield is what appeal me. But also, fact that Canadian Tire is generating about 90% of its cash in term of property renting or whatever it is, well, that was also quite appealing. Because see, I am dangerously in need of big dividend yield AND conservative business, steady, easy. 

Canadian Tire alone as stock is a little boring for young and fresh investor like myself because what we want first is the money, we want to big yield, so we are willing to jump on anything among the way that promises that. And 6.5% is an impressive yield knowing that blue chips usually pay a lot less than that. Big yields are always pretty sexy and impressive at first,  but I guess you learn, by reading this very precious blog, that yield is not everything. So I try to invest in blue chips and I did very well with CNR, SJ, TRP among other. And I also did bad on various other stocks but that's another story and anyway, I wrote about those other stories before.

The most recent newsletter of Derek Foster make me realize in what a f mess I was in. Want to make a living out of dividend? GOOD LUCK BECAUSE YOU'LL NEED SOME. With all my efforts, I am only at 6 500+ in dividend income. But why is it so low in regard of the thousands invested? One major problem that young people are facing in today economy is that good quality stock only now pay a very little dividend yield. A safe and reasonable dividend is anywhere below 6%. After 6%, you are dealing with stock players like Just Energy Group Inc. (JE). The dividend yield of JE is more than 11%. That is not really reasonable. I am a mega fan of Just Energy and I probably always be just in regard of the personable story of its founder Rebecca MacDonald. But I know too much on how many problems represent a high dividend yield. Usually, when a company like JE decided to decrease its dividend distribution, its stock value decrease as well. That is what happen to me with Colabor Group Inc. (GCL).GCL decrease its dividend and following what, its stock money value decreased as well. 

But a cut in the dividend distribution doesn't always = to a loss in the value of the stock. This was a long long time ago, but back in the times, PGF had declared a dividend cut and following what, I rush to sell my stocks. But following the news, the stock price remains the same. So those things are a bit unpredictable. No one can really know what will happen to the value of a stock following a dividend cut, but most of the time, the price stock will decline in value.

Ok, well, what all this blablabla really about?

Well, 2 days ago, I realize that I would have to work very very hard to be able to retire from my dividend in a very shocking way. It all happen following the reading of Derek Foster latest newsletter.

In that paper, Derek explains that before 2006, before the income trust begin to be heavily tax, well before, it was easy to make money from dividend. And even before that, the stock market was a gold mine. It appears to me that it was a lot easier before than now. Derek Foster doesn't even hold any of the stocks he talked about in his Stop working book that was first published... in 2005. That was one year BEFORE the bullshit happen to what use to me the most extraordinary cash maker of Canadian history, what I used to call my ".UN investments". I had just a little invested and cash was coming OH MY GOD. It was HOT.

But came 2006 and after that the crash of 2008 and than suddenly Derek Foster got scared and sell ALL of his portfolio. He later came himself an idiot for doing so, but he's been doing even better ever since...

This mean that our mentality have to change. We need to stop focusing big time over dividend yield. Small investors like myself who don't have a lot of cash to invest really have to do it the right way. Because you don't get a second chance. When you lose money on the stock market, the money is loss forever, there's nothing you can do about it. Did I loss money on stock market? Oh yeah! And did I make some? Yeah yeah. 

Being in a circular bear market shit is certainly not helping. Me and Derek Foster, we have exactly 10 years apart. Derek is 10 years older that I am. If I would have invested 10 years ago is stocks, maybe I wouldn't be writing this shitty blog right now. I would had grow fabulously rich! But I was too. young 10 years ago and worst, I didn't have any money. When I complete school, if had about 15k in my bank account, but its all what I had to start my adult life on. 

I think the worst part is that the Stop Working book of Derek Foster is selling a dream that is no longer possible. And believe it or not, I only understood that about 2 days ago. The worst is to sell a dream, an impossible dream.

But the dream is possible. I mean, you just have to look at my very own situation to understand. The dream is not impossible, but FFF difficult!!! OH YEAH!!

Growing up, I never been money oriented, and I still the same now. But I looking to do the best I can with what I have. And we should do all the same. No one was there for me when I was getting those hours cut at this job, or being laid off from this job, going to court against my employer on another occasion etc. No one was there. And its what you have to understand that while facing money problem, no one will be there for you too. We live in a world that is shit. That is why you have to make the commitment to be stronger than your enemies and one big part of the game is get richer than they are. And trust me, even at not even 100k net worth, I am a lot richer than a lot of people that piss on me.

Saving money, investing, none of those things are difficult. Is just a matter of finding your way. One reason I am not leaving Derek Foster alone is that - even if he build up an impossible or FFF dificult dream in the Stop Working, he help to explain how, at least to go somewhere. PPL, CDL.A, ENF, ENB, PGF, TIM, and a few other are Derek Foster stocks. I had build the roots of my portfolio making several thousands on PPL and a bunch of other. I got my shares of Methanex way back at something like $15. And now my margin is left at 18k... Like this portfolio cannot to be vain. It went through all a series of unforgettable stock crash, Japan tsunami, etc, etc. Like remember how many things we went through and survive?

Well it was all because of the blue chips I hold. And in order to remain healthy, I need to invest more and more on blue chips. That's the lesson of the day I wanted to share. There's no way you'll make your way by only buying stuff that pay a yield of 6%+. The dividend dream is vanity, its a blush on your eyes. But time to see clear now. 

The dividend income will be small at first but in a decade of so, it could worth a LOT more. What is the trouble to wait a decade or two to be able to get all of your live just for you?

But before that, a good stock to hold would be Canadian Tire. The company is doing great and has increase its dividend yield of 25%.

Do it like a cowboy and hold to it.

STOP WORKING, but LATER. :)

Tuesday, November 5, 2013

Dividend investing: for the better and worst

While Toronto mayor John Ford is getting high on crack and alcohol in Toronto, us, on our side, here in Montreal, our dividend income is going down!

Sometime, shit happen. Its sad, but life is like that. Its just a matter of what you are going to do next as sexy move. Get high or work up your ass, its your own choice to make. I made a great start, I did some laundry tonight ;)

Ok, more seriously now.

It may not seem like it at first, but when you begin your financial life, start putting some money aside, start investing and stuff, well, very quickly, that financial part slowly but certainly take more and more place into your life. Well it did actually to me. Just have a quick look at my portfolio and check on all my holdings... I am saying I doing exactly and always the best of the best choices, but I am not that all bad. Again today, my non-registered portfolio closed at 125k+. I will say that things are doing well, but it's difficult. 

Its not that all easy to be an investor and to be a dividend investor. On a day like today, nothing is easy. A while back, I was earning more than 7k in dividend income (that was excluding my RRSP). And today, I am making less income. Why? Because some holders I have made the decision to cut on their dividend distribution. And trust me, when that happen it hurt. It hurt real bad. Because the only source of steady income is steaming away.

Today, EnCana declared a dividend distribution of 0.07 cents per share payable on December 31. Nothing wrong, you'll say? Well usually, EnCana Corporation (ECA) distribution is of 0.2075 per share. It doesn't mean EnCana dividend will remain  this low forever, but let say it sincerely: this suck!

If I consider that EnCana distribution would be of $0.28 annually, after adding my newest CRT.UN in the count, my annual dividend income is of $6 574 excluding RRSP. Its not too bad, but I use to earn more than that. I currently have $7 241.96 invested in stuff like FR, JFS.UN, PHS.UN and PSLV. Those investments don't provide any dividend return. It could be easy to reinvest the money in dividend players and mixing for a 5% yield. Such solution is available. I could do so, but I don't. Because I hope silver will go up again. 

I am really not concern over FR. I am pretty sure First Majestic Silver Corp (FR) will go up again one of these days. Its just a matter of when. It could take sometime, but I am not in a rush to sale. As for the other silver stuff I hold, I had been holding it for quite sometime. There's been that period where I was buying-selling, buying-selling silver on short period of time, and I was making small profits for those trades. It was fun, but came a time where I could no longer make those moves, silver had declined in value - and that being really suddenly, like BOOM. And I got F. lol 

Trading is dangerous because at one corner, when you don't suspect anything, you get stuck. Impossible to sell at profit. That what kill me somewhere. But I am not dead.

You survive from those things but it just take some time to recover. I guess one day in the future I will making 10k in dividend and one day, I won't even remember that I had wrote this post. It is your job to always remember, not mine. 

Monday, November 4, 2013

Welcome in my TFSA portfolio CT Real Estate Investment Trust (CRT.UN)!

I place my call to TD Waterhouse in the middle of the afternoon, I was about to run to their office at the Eaton Centre, but finally someone answer. I had a $715 transferred over my TFSA account. Following the transfer of funds, the broker was able to place the trade for me. I order 100 units of CT Real Estate Investment Trust (CRT.UN) at a max price of $10.40. My order go through immediately at $10.39. And CRT.UN closed today session at $10.39.

I am very please with this new investment. Unless I change my mind or win the jackpot by the end of 2014, this investment will probably be the last one for 2013. So far, 2013 had been a god year overall. I tried to be extra careful on my new investments. I won't make a review of my 2013 investment year yet, but really, so far so good.

Currently my non-registered portfolio is at $125 039.17. Anywhere over 125k is reallll good for me.

I am happy with my investment in CT Real Estate Investment Trust (CRT.UN) because I feel it has a good chance to grow strong. Its not hard for me to imagine CRT.UN trading at $15 per share. Maybe it could be the case in 2-3 years, I don't know. I hope for a grow, for a good steady dividend. For now, CRT.UN has fill all those promises, since its inspection, CRT.UN just keep growing and I guess that the first monthly distribution will be on November 15th. I feel like this is a conservative investment and its the row I want to follow.

I burn myself quite seriously on gold, silver, Sprott Inc. (SII), DGI, Colabor, and a few other. So I have a lot of catching up to do. I hope 2014 will just continue in the same way. Just good investment, nothing too adventurous for once.

CT Real Estate Investment Trust (CRT.UN) belong to my portfolio and now it is. So enjoy.

Sunday, November 3, 2013

A REIT of interest: CT Real Estate Investment Trust (CRT.UN)

I am quite please with the current state of my investment portfolio. So far, good results, I have over 17k left over my margin account. What can I ask more? Well, this is exactly where the problem is. While investing, you always want MORE and you can always do BETTER. Currently, I am at an annual dividend income of $6 567.83, for the equivalent of $547. And of course, I am looking t increasing the number. And for that, I need some stuff like CT Real Estate Investment Trust (CRT.UN) in my portfolio. I am naturally attracted by good stuff.

On the TSX, not too many quality stocks overs a yield of 6.5% out of a flash! This is what hold my interest in CT Real Estate Investment Trust (CRT.UN). Canadian Tire is the most significant tenant of this REIT. CRT.UN offers to its investors more than 6%, while Canadian Tire itself distribute a yield of less than 2%...

CT Real Estate Investment Trust (CRT.UN) closed Friday session at a stunning $10.31, even while the TSX was closing on a lower note. CRT.UN was launched at an initial $10 per unit. And we are now at $10.31! We shouldn't wait for this baby to grow more before catching on the flight!

So here's the plan. I have $335 cash in my TFSA. I plan to transfer $715 over my TFSA so I can get my pretty hands on a few units of CT Real Estate Investment Trust (CRT.UN).

Exciting? OH YES.

Thursday, October 31, 2013

I am the Dividend Girl and I am voting Mélanie Joly for Montreal Mayor

We are October 31th on this precious day, celebrating Halloween. And tomorrow, we'll be November 1st. Have you seen anything? I don't recall. I will have to read my blog posts.

I had update my dividend income for October. so far, looking good with a $630+. I am a bit scare for my holding in Barrick Gold (ABX) which is on a halt trade. I wasn't expecting such a mess around something I had judge as easy to hold. Because Gold is suppose or was a good investment right? In this economy, no investment is conservatory anymore. Nothing is save, everything is big market playground and absolutely any investment is an open door to lose money. Everything and anything can happen. I am ready for the worst and while waiting, I will go vote this Sunday!

Its quite hard to miss Mélanie Joly in Montreal: there's her pretty face every corners of every Montreal street. Fact is, I don't think Denis Coderre is the right man for Montreal. He had been involved in federal politic and I don't think he's a good candidate for being something "local". He doesn't have the soul it take, Denis Coderre is more than a clown than anything else. 

I am a New Brunswicker and I will always be, but even while being a job stealer to Quebeckers, and also a men stealer, I still have a role to play - believe it or not - in Quebec society. Because the f is that I pay my taxes to Quebec province and I cannot benefit anything related to New Brunswick anymore, not even medical cares. 

Denis Coderre is a fatty man who has a private driver and go around Montreal in.. a car. Is he giving a good example? F@ck@ no. Montreal is the hell of a place to drive a cars because there're too much to what the busy streets can handle. But Mr. Coderre doesn't seem to care, he prefers the comfort and the luxury of a car AND a driver. Denis Coderre is not even elected yet that he lives the big life.

On top of that, he's a big fatty man! Denis Coderre is obese. Poorrrr guy.

Montreal need fresh new blood. Someone who has never been involved in politic before. Montreal needs someone reliable, young, responsible, simple, reasonable, honest and brave.

She might not be perfect, but Mélany Joly is the candidate that match the most my credentials. She never been in politic but she's a lawyer and had worked for a big firm for a few years. Actually, Joly is close to the 33 years or if not 33, 34 or something like that, max 35.

I want hands clean of any kind of corruption and I think she is, even if she's not perfection.  

Denis Coderre is the EXTREME arrogant type of politician and I truly don't trust him at all. Denis Coderre has his chances to make it in the federal scene, but he messed up with the occasion. I don'gt want of a little f"cker being all over the place and not being self discipline and center enough to lose weight and be descent and presentable. I don't want the mayor of Montreal to be a fat fatty pig like the one of Toronto.

COME ON PEOPLE. This is the wake up call. 

Other than weight problems, I don't think that Denis Coderre is all that crystal clean of any corruption. Being a politician before is not a + in my book. And why did he left the federal scene anyway? That is not clear to me. Denis Coderre just want to be there and shine. I hope he will realize his mistakes when Mélanie Joly will be elected Montreal mayor.

So go girl and beat the fat guy, I know you can do it.

Sunday, October 27, 2013

This Dividend Girl is hot hot hot

I couldn't resist, I HAD TOO update my portfolio this weekend after the fantastic performance of the TSX this past week. And this is how I now have a portfolio worth $176 294.55, with a now net worth of $95 036.25. We are getting close to a "mysecond50000.com"!!! It would be too awesome if I could only hit the 100k net worth by the end of 2013!!! Its getting really hot. Its looking pretty good isn't?

I like it when things are that easy. :)

I have now $18 630 left on my margin. That is more it take to pay off my $15k balance in credit lines at TD, so like usual, I proceed with transfers and have the credit lines magically both paid off. And tomorrow morning, the money will go back to the margin and following the market closure tomorrow, if my portfolio did ok, the money will go back on the 2 credit lines. This is what my life is about right now. Transfers, transfers and transfers. Could sound crazy at first, but I am saving a super huge amount in interest by doing so. My interest rate on my margin is 4.25% and its of 9% on my 10k credit line and 8.75% on my 5k credit line. Thank you TD Waterhouse.

Of course, the best way to save on interest would be to pay off the debt but hey, no one is perfect ok. I am not going to stop trading, investing, selling, buying anytime soon! Its been a while since I haven't invest in anything and the somewhat sexy cougar inside in me is in deep need of getting a bite of something! I AM STARVING. LOL. Anyway, I guess you get the idea. The idea would be to get something new in but I just don't know what it could be. I am just waiting for Susan Brunner to post about something as hot as me. I am waiting for Susan.

My investment portfolio on date of October 27, 2013

Non registered Investments:
Stocks and Units investment portfolio $CAN
 
Timminco (TIMNF): $1.04
Blue Note Mining (BNT.H): $2
Bank of Nova Scotia (BNS): $6 862.90
Hanwei Energy Services (HE): $24 
Methanex Corporation (MX): $6 119.23 
Fortis Inc. (FTS): $3 565.39
Pembina Pipeline Corporation (PPL): $15 952.86
Just Energy Group Inc. (JE): $6 116.04
Pengrowth Energy Corporation (PGF): $1 531.80 
Enbridge Income Fund Holdings Inc. (ENF): $7 770.62
Corby Distilleries Limited (CDL.A): $2 357.50 
Davis + Henderson Corporation (DH): $5 907.60
Premium Brands Holdings Corporation (PBH): $8 638.50 
EnCana Corporation (ECA): $3 985.28
iShares S&P/TSX Capped REIT Index (XRE): $2 400.86
Horizons Gold Yield Fund (HGY): $1 434.51
Canfor Pulp Products Inc. (CFX): $1 154.52
New Flyer Industries Inc. (NFI): $2 288 
Exchange Income Corporation (EIF): $6 360
Rogers Sugar Inc. (RSI): $530.10
Student Transportation (STB): $684 
Colabor Group Inc. (GCL): $494.70 
TMX Group Inc. (X): $365.60 
K-Bro Linen Inc. (KBL): $3 477
Westshore Terminals Invest Corp (WTE): $6 819.72
WesternOne Inc. (WEQ): $3 135
First Majestic Silver Corp (FR): $1 300
Kinross Gold Corp (K): $821.44
TransCanada Corp (TRP): $1 174 
Canadian National Railway Co (CNR): $5 183.10
Firm Capital Mortgage Investment Corporation (FC): $471.20
Enbridge Inc. (ENB): $1 241.24
Agrium Inc. (AGU): $2 337.40 
Canadian Utilities Limited (CU): $1 599.36
Veresen Inc. (VSN): $843.48 

Crescent Point Energy Corp (CPG): $899.80
JFT Strategies Fund (JFS.UN): $2 186
Geovencap Inc. (GOV.H): $0.40
Bombardier Inc. (BBD.B): $698.10
Heroux-Devtek Inc. (HRX): $517
Black Diamond Group Ltd (BDI): $648.50
Emera Inc. (EMA): $785.50
Cineplex Inc. (CGX): $1 036.75 
Barrick Gold Corp (ABX): $842.80
BCE Inc. (BCE): $995.06
Stella Jones Inc. (SJ): $542.10
Shoppers Drug Mart Corp (SC): $3 054.50

TOTAL: $125 156.50

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): $1 405
Cash: $4.12

TOTAL: $1 409.12

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): $29.64
Dumont Nickel Inc. (DNI): $143.75
Sprott Physical Silver Trust UTS (PHS.U): $1 833.96
Sprott Strategic Fixed Income Fund (SFI.UN): $384
Healthlease Properties Real Estate Investment Trust (HLP.UN): $1 019
Keg Royalties Income Fund (KEG.UN): $767.50
RioCan Real Estate Investment Trust (REI.UN): $898.80
Precious Metals and Mining Trust (MMP.UN): $504
Sprott Inc. (SII): $2 706.46
Chorus Aviation Inc. (CHR.B): $424.32
Data Group Inc. (DGI): $1 151.70
AltaGas Ltd (ALA): $1 149.60
Cash: $330.83

TOTAL: $11 343.56

RSP investment portfolio:
Sprott Canadian Equity Fund: $3 277.39 

iShares Gold Bullion Fund (CGL): $4 066.14
EnCana Corporation (ECA): $2 030.96
Emera Incorporated (EMA): $7 163.76
Sprott Physical Silver Trust UTS (PHS.U): $611.32
Toronto-Dominion Bank (TD): $1 411.50
Barrick Gold Corp (ABX): $1 053.50
Stella Jones Inc. (SJ): $2 710.50
Telus Corp (T): $1 842
Tim Hortons (THI): $638.10
Cash: $108.15

CIBC Dividend Growth Fund: $643.33
CIBC Emerging Markets Index Fund: $311.30
CIBC Monthly Income Fund: $1 179.57

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

GIC National Bank: $1 227.70
GIC Plus TD: $500

Manulife Fidelity NorthStar GIF CAP B: $834.52
Manulife Simplicity Growth Portfolio: $995.62
Maritime Life CI Harbour Seg Fund: $1 156.63
Maritime Life Fidelity True North Seg Fund: $1 206.28
Manulife GIF MLIA B World Invest: $783.49

Great-West – various: $2 189.08 $
Various other mutual funds: $1 206.17

TOTAL: 38 226.37

Social Capital at Desjardins Membership share: $40 

Savings + Stocks, units, mutual funds + Tax- 
free Savings account + RRSP + Online Income
($119):
$176 294.55

Thursday, October 24, 2013

My non-registered portfolio is on fire

When the TSX is on fire, my portfolio is on fire too! This is how I easily hit on the $124 683.48 non-registered portfolio value. I hope it will even finish higher on Friday. It will then give me time to post a portfolio value update so I can look good at doing what I am trying to do.

My Telus (T) investment is now at 3.58% following the good news that Telus will soon acquired Public Mobile. Its great to finally see some gain on that one. Also another stock of mine that performed very well lately, its Bombardier (BBD.B). And for the first time in a long long time, I am at at profit on my investment on ABX, +1.31%. It had paid off to follow Susan Brunner foot steps. Susan is going to the Toronto 2013 Money Show and I cannot wait to read bout her findings.

I did a small assignment yesterday with my freelance and with the cold weather that begin to hit on Montreal, I decided that the time had come to extend my freelance activities. One thing I had in mind for quite some time is to generate enough cash from my passive income, investment and freelance activities to pay my minimum monthly expenses each month. That amount is of $1 200. I currently earn $6 480 a year from my dividend income, excluding my RRSP. That make the equivalent of $540. That leave me with a hole of $660. Making an extra income of $660 a month cannot be that hard right? I guess one year pass since I haven't actively work at a second job, but that is about to change. I plan to give the first shoot this weekend and I am just very curious to see what I will find.

Usually, I am pretty lucky. When I lost my job in New Brunswick I quickly find 2 gigs and following what came the job in Montreal that I still have today. I am still doing stuff for one of the 2, the second had closed its department back in October 2011. Everything is going fine and I am not under the impression that I am going to lose my job anytime soon, but I would like to have a security by working on the side. I talked about this I don't know how many times before, but with the nice weather and Montreal being so hot, there're been too many temptations. I easily get distracted.

Anyway, $660 is a pretty realistic amount of $$$ and it shouldn't be that of a trouble to earn.

Next, I have some nice Montreal autumns pictures to post and also pictures took while I was in vacations in New Brunswicks will be post soon, because I guess the Zoombie pictures cannot be just alone on here.

Tuesday, October 22, 2013

50 Shades of a Dividend Girl

Its quite difficult to believe that the stock market is now exceeding the 13 000 points! It took like forever to reach back that point. And now it seem like we are back on track for the 14 000 points. If I remember correctly, the Canadian stock market was in the 15 000 points before the crash of 2008. My non-registered portfolio is at a youpi $123 455.56, +10.70%.

My lost in Exchange Income Corporation (EIF) is now of $500 (use to be of 1k...). Its getting better and I think that EIF will increase on value. Finally, my Barrick Gold Corp (ABX) and Heroux-Devtek Inc. (HRX) stocks begin to raise in value. While seeing the stock market raising like that, I enter a sell order to sell off half of my investment hold in NFI. I like NFI, but I hold too much of it and I don't want other situations like the one I live with EIF to happen. 

Everything is unpredictable with the stock market, so better be prepare for the worst. And following a good diversification rule should be a main concern. Maybe its a mistake I am making, but I don't have any strong concerns regarding Premium Brand Holdings Corporation (PBH). I hold 7% of my portfolio in that one and single stock. I invested in PBH following a recommendation of... Jean-François Tardif. Back in the time, Jean-François Tardif was that hot Quebecker coming from a nowhere town, Victoriaville, and back in the time, it was show time for Tardif at Sprott Asset Management! I had anything better to do than just FOLLOW Him. My average cost per shares is $16.67. And right now, the shares are at... $19.45. At $3 profit per stock, I feel I have nothing to fear but I could be wrong. I don't feel like selling any stock of this one.

And talking again about Jean-François Tardif, it seem like the little guy from Victoriaville feel like kicking on some serious bouncy ass. JFT Strategies Fund (JFS.UN) is at +8.90%. Not too bad for a man coming from no where, I say. One major problem with JFT Strategies Fund (JFS.UN) is that it doesn't pay any dividend and the management fees are like extra high. But guess what, I had nothing better to do than just jumping in! Wild chittas like me are making Jean-François Tardif earned a LOT of fresh funky $$$. Isn't he a lucky man? 

Gold and silver are major problems inside my portfolio. I am at a lost of $658 with my investment in FR. And with HGY, I am sitting on a flaty lost of $500.

In my TFSA, I have a trade halt on my Healthlease Properties Real Estate Investment Trust (HLP.UN) investment.

I also have a trade halt on my Student Transportation Inc. (STB) shares. I hold this one inside my non-registered. so imagine: without a trade halt on STB, my portfolio value would be at 124k right now... I never expected my portfolio to gain that much, especially with all the shit happening in the States that scared me so much. But I am now in better position. The value left on my margin is growing (I am now at 15k+ left instead of the usual 13k, and if not even lower). Following my debt situation update, I guess the best thing I can do is keep paying off some debt. Because in term of new investment, I am dead. I have it all in that portfolio. What really else can be add? It simply cannot be better, that's really it. But while really searching, other great stuff can be very easily be find. And I always find great stuff on Susan Brunner blog!

When the TSX is up, everything turn out to be sexy and easy, just the way I like things to be.

I hold 4% of my non-registered value inside Canadian National Railway Co (CNR). And now, CNR had announced a stock splits, 1 stock will split into 2. I don't have anything against share splits; its usually a benefit for shareholders. And its not rare to experiment a gain in the value following a split. So yeah, i am going to double the shares I hold of CNR soon.

Another super great investment of mine, Stella-Jones Inc. (SJ), is about to hit on the 1 for 4 stock split really really soon. The split will be there alive and active next Monday, on October 28th. And I cannot wait. 

I LOVE STOCK SPLITS. There's nothing better.

Another great thing is my latest investment in Shoppers Drug Mart (SC) that gain 3.3% so far. 

See, everything is really easy when the TSX is on a rocket high.

Is this enough of shades of me for tonight or you want more?
 

Thank you

Thank you for visiting!
 
Blogger Templates