Saying goodbye to Rogers Sugar Inc. (RSI) and Student Transportation Inc. (STB)

I did it, as soon as the market opens today, my Rogers Sugar Inc. (RSI) and Student Transportation Inc. (STB) shares were sell, just at the time the bells ring. Dong-dong-dong and goodbye RSI and STB and hello payment of $1 214 on my credit line. I now only have a balance of $1 047, which will be paid off in the second week of February. Following what, 3 months will pass before the end of May. It give me more than enough time to pay off my CIBC Visa... So far, I am walking aside the debt payment plan and I am getting very excited! 

The new date for Shoppers Drug Mart Corporation action to instructions is now on Valentine Day, February 14th. The sell of my Shoppers Drug Mart shares could generate more than 3 thousands. This will decrease my margin value, actually, each time I sell a stock from my non-registered account, it directly affect the value of my margin. But I can easily see myself using a 1k from that money and put it over debt, but not much more. I could get my CIBC Visa card paid off very quickly, but I will let it go until May because I don't pay interest.

Following the payment of my credit line, I have many other things I could do:

-Pay down my student loan

I didn't pay more than the minimum payment on my student loan in a veryyy long time and I could pay off a 1k... But even before the student loan, I am much interested in adding on fresh cash into the margin to protect it from a market downturn.... so it our other option;

-Pay down my margin

-Do a TFSA contribution

I have thousands and thousands of contribution room left, it will be sad not to take advantage.

That's it! The third option is actually my first one because some time had passed since my last investment and I actually don't remember what was my latest investment... Oh wait, it was the bread thing CBY. 

After Veresen Inc. (VSN), the plan is to let go my Rogers Sugar Inc. (RSI) and Student Transportation Inc. (STB) shares

With the money collected with the sell of Veresen Inc. (VSN), my BMO credit card balance had reached a new low, only $2 261.06 to go! I happily get rid of Veresen Inc. and I have absolutely no regret about it. Another stock that doesn't match my grow expectation is Rogers Sugar Inc. (RSI). Just like VSN, my Rogers Sugar Inc. (RSI) shares did n't grow in value and I had been holding on to RSI in my non-registered portfolio since February 2011!

Since February 2011, no grow in the stock value, but the too rich dividend had been appreciated. However, time had come to say good-bye to Rogers Sugar Inc. (RSI) stocks. Since its acquisition, I never benefit of any grow and that kind of upset me. Oh wait, that is not exactly true... I am currently on a profit of $1.84 on Rogers Sugar Inc... Holding a stock just for its juicy dividend is I think the worst possible investment decision ever. Selling Rogers to get my hands on $521 and pay off my BMO credit line.... Why not? Its absolutely tempting!

Just check this out:
$40.18 (what I currently hold in cash in my TFSA) + $183.15 (what I am currently expecting in dividend my the end of January) + $376 (what I am expecting  in dividend for February) + $ 1 117 (paycheck of the second week of February) = $1 716.33

That leave a tiny $544.73 on my credit line... Quite nice!

Maybe no one is getting the feeling of what's really going on right now, but by the end of May, I won't be holding any credit debts, at the exception of my student loan and margin. Its a $150 extra per month that remain in my deep pockets. Interesting.

I hold another stock that is in the same type of situation of my recall Veresen Inc. (RSI) and Rogers Sugar Inc. (RSI), its Student Transportation Inc. (STB). I prefer STB to RSI, but I could sell now STB to pay off my credit line and get back on Student Transportation later on. Why I could easily do so? Its because STB stock price doesn't go up too much, and doesn't go down either.  I had been holding to STB since February 2011 and since that time, I had realized a capital gain of $34.11....

Knowing I am so close of paying off my credit line, it could worth it to sell both RSI and STB.

Following what, paying of $2 300 CIBC Visa card could be easy, by the end of May, its should be all paid off.

Saying goodbye to Veresen inc. (VSN)

I did it! I sell my Veresen Inc. (VSN) shares at $15.01 each. This morning, I was getting anxious, so I place my sell order as soon the stock reached than $15. Later on during the day, Veresen Inc. (VSN) reached again the $15.10. It actually closed the day at $15.20. I feel better now without Veresen in my portfolio and the $980.67 collected will go as payment on the BMO credit line.... which mean that my credit line balance will soon be of only $2 264... But wait, its not all!

I also just received $21 in dividend from Agrium Inc. and I also have $40.18 cash in my TFSA...

So little by little, my BMO credit line will be paid off and I won't earn anything to those Quebeckers! There you go. Instead of $100, it's only $44 and six cents that I will need to pay on the credit line every month... until its completely paid off. I should be able to pay it all by the end of March. And by the end of May, its my CIBC Visa of $2 300 that will be pay off. And after that, my $5 381.54 student loan...

Its a good thing that I that own too much in debt because I wouldn't be able to see the end of it. Of course, margin count at debt, but one thing at a time please.

Letting go my Veresen Inc. (VSN) stocks

Back on January 16, 2012, EXACTLY 2 years ago, I was purchasing my Veresen Inc. (VSN), purchased at $15.26. I made a good deal of money on the dividend, but in term of capital gain, I made $0. Veresen Inc. (VSN) did not gain in value for the past 2 years. Dividend is always good to earn, but with Veresen like any huge dividend payer, I don't want to imagine the day that Veresen will cut its dividend and lose real capital value forever.

Today, Veresen Inc. (VSN) pop up to the $15.10. Following what, I decided to sell my Veresen shares at $15.10. I am confident that MAYBE Veresen will reach the $15.10 value per share again tomorrow.

Veresen Inc. (VSN) had annoyed me since its been in my portfolio. The reason being that the stock never grow in value. And its kind of annoying. I really hope to get rid of Veresen off my portfolio tomorrow. I will use the money left to partly pay down my margin and pay off my unfamous BMO credit line.

I am getting enough of Veresen, I really want to sell! 

Paying down my BMO credit line debt

Once you have your idea fix and that you really want to pay your debt life became extremely hard. Very very hard, because the only thing you want have that is to pay your debt as quickly as possible. But paying debt require a lot of money and once you say money you say time, because you have to wait for the next paycheck... or the next dividend payment.

And surprise! I have update my dividend income and so far for January, I am at $745, and that being in my non-registered account only. In total its $1 556 I had transferred over my BMO credit line. I am currently waiting for a $600 check regarding my self-employed work. I think I may be able to pay off my credit line by the end of February, beginning March - maybe.

My BMO credit line is now down to $3 244. My American Express had been paid off. To pay off completely the line, my CIBC Visa and student loan, I need $10 925.54. Quite a lot of money. See this is why paying debt is soo hard because pay check after pay check, you know exactly where your money will go. There is no freedom. This is why paying debt is so hard.

The Dividend Girl is turning into a real debt payer

I came around here yesterday with a tiny little bit of a frustration and I never have any shame on expressing that desperation on my blog. And that is what nourish my bones and Acadian sexy flesh. There will be just no end to it. Nourish my anger, and you'll nourish my soul. And anyway, I am now totally sure that I will be able to easily pay off that $4 800 BMO credit line very very soon. 

I already received the $824 generate by the selling of my KEG.UN shares into my margin account. So I will go tomorrow at the nearest BMO Bank and proceed with the payment. From a $4 800 balance, I will go down to $3 976. $3 976 is still a good amount, it will take me 3 long months before its paid off, April will be the happy month but no worries, it will be done.

After almost a decade pass on investing, why it has become suddenly sooo important to pay out my debt? Check this out:

This is my current budget that cover exclusively my monthly minimum need:

Rent: 615$

Grocery: $200

Internet: $35

Cell: $41

Laundry: $18

Credit card: $50

Credit line: $100

Banking fees: $6

Student loan: $98

Total: $1 163

Look now at what look my minimum budget after all debt is paid off:

Rent: 615$

Grocery: $200

Internet: $35

Cell: $41

Laundry: $18

Credit card: $50

Credit line: $100

Banking fees: $6

Student loan: $98

Total: $909

Between the before and after, its an extra $254 that is save and that can be use for entertainment or any other else...

And its currently very tempting to reach such possible situation. I think I will be good for another full-time employment year, I don't have any feelings that I will be laid off. However, I want to protect myself from a laid off or from any other situation that could happen. It became harder and harder than ever to stay in Quebec and I want to make my move outside the province possible because I won't live in a "country" that doesn't recognize God and doesn't see him as the supreme powerful. In other words, I have enough of those Quebeckers little ass. Also, the fact that I reached the 106k net worth this December 2013 had been a huge push in the butt to pay some debt. 

That is the story behind the Dividend Girl turning so suddenly to a Debt Payer Girl.

My American Express card balance is now 0$

I am quite happy because the year 2014 is starting on a positive note. I have paid off my American Express. The minimum monthly payment had went through just a week ago, so the amount needed to clear it off completely was $2 284.19, and its now paid off! I have an extra income coming from work, so I was able to pay it all in fresh cash, without touching any dividend income.

I have sell my Keg Royalties Income Fund (KEG.UN) investment, which was from my TFSA. I decided to sell because I was getting anxious about it, and I can no longer lose money on the market. I now have an extra $824 to pay off my debt of whatever else. And I am actually now thinking about my BMO credit line.

I had forget to pay the line in December and I get a call from BMO on Friday early morning asking me what happen and why it wasn't paid off.... It was the first time I was skipping a payment and I just forgot about it. The BMO representative was laughing stupidly over the phone. So I taught: to myself: your F Quebec idiot, you'll see what you'll get! I AM GOING TO PAY OFF THAT BMO CREDIT LINE and BMO won't have any of my business anymore. I even received a telemarketing card regarding my BMO MasterCard and guess what: I was asked to confirm the last 4 digits of my credit card over the F PHONE! I am not an idiot. I am not a F Quebecker. I don't like telemarketing calls. BMO always had been crushing and pushing too much sells, here's another example. When they don't try to sell unneeded credit insurance, it's something. BMO is not a serious financial institution. BMO staff are only a bunch of suckers.

I never injected more than the minimum payment on that credit line because the interest rate was so low (less than 5%). And more than that, I withdraw, each month, the amount left available. So in a way, I am not a very good payer. Depending of what my margin look like, I could possibly inject December and January dividend monthly over the credit line. And I could possibly get this credit line paid off very quickly considering that my balance is right now of $4 800 and that I have at my disposal a fresh $824 to inject in it. So go figure. I won't let any Quebeckers have the last word on me. GO TO HELL QUEBECKERS. 

Other than those Quebec idiots, I also have my student loan, but its not in my plan to pay it all quickly, unless my Loto Quebec Celebration ticket make a millionaire out of me tonight! (I am updating a post I began to write this last Friday, but I didn't even check my Celebration ticket.)

Now that my American Express is paid off, I only have left my CIBC card. I have a 0% interest for 6 months - it will expire in May. I plan to put some money on my credit line and once May come, I will pay off my CIBC Visa... 

From now to May, all my money moves are all pretty much set up. For May to December, its more than $11 000 I will have available, so I will have enough money to pay for my student loan. Ans after that, I will leave a 1k on each of my banking account to avoid the fee and following what.... I won't have any credit line, credit cards or student loan to pay, only a good looking stock margin. So I think it can worth the path, even if this mean that I will only have left something like 5k to invest...

Courage, courage. 

Have you ever heard of this one: Horizon North Logistics (HNL)? Well you have now!

I didn't sell my Keg Royalties Income Fund (KEG.UN) yet, but I am about to do so soon. I just cannot hit on the sell button for a reason or another even if my idea is really clear. I shouldn't hold this one so tight to me, especially when Fairfax in the game. I don't understand why gave Faifax some power over the company he owns. It make him a total loser to my eyes even if I shouldn't think so. If I am not mistaking the same company is pretty much involve in BlackBerry!! WTF!! So there's really high risk when it come to Faifax and I don't like that company being around KEG.UN. I will probably sell Keg Royalties Income Fund (KEG.UN) tomorrow. David Aisenstat, the ex sweetheart of Desperate housewife of Vancouver Christina Kiesel seem to be fabulous moron. First, he married a diva, she divorced, get a fortune out of it and now more recently, Mr. David Aisenstat sell half of his business to Faifax clowns I mean COME ON. This had been quite disappointed to me. When you have a successful business, it should be yours for life, you shouldn't get any morons in your inner circle once you have it all. That's what I think.

My non-registered portfolio is at a new high! At now $134 743.83, I am at the highest value ever! My net worth could possibly be of $110k right now. When the TSX is up in the air, everything is easy. I have a margin value left of something close to $6 000 right now, so I am not doing daily transfer from my credit lines to my margin to keep it save because I find even 5k is enough to keep me the head of the water for a margin call - but that being only under good economic circumstances. If the TSX get shake up by the Euro or whatever else shit, well it too bad, gorgeous will have to transfer fund over the margin. Life is like that. Getting artificially rich by money that is not really yours can really be a pain in the ass, but it is sooo easy! And it will be even easier for you than for me because you read this precious blog at the very moment and you get to knows all my tips, best moves and sexiest stocks! And about sexy stock, you are about to learn a new one so keep going, you are almost done reading anyway.

 If you understand French, you might like this La Presse article. Following the sale of my Keg Royalties Income Fund (KEG.UN) investment, I am pretty tempted to invest in this stock that I never knew about: Horizon North Logistics (HNL). In many ways, Horizon North Logistics (HNL) share a lot in common with another fabulous stock that I hold: Black Diamond Group Ltd (BDI), and not to forget WesternOne Inc. (WEQ). Both BDI and WEQ had performed extremely well in my portfolio.

Horizon North Logistics (HNL) pay only a tiny small dividend, but its stock price is cheap and I kind a like the business they are in so why not!

Horizon North Logistics (HNL) is a buy to the Dividend Girl, tiny dividend or not.

Is it a good time to sell Keg Royalties Income Fund (KEG.UN)?

I read the latest review that Susan Brunner wrote about my fabulous Keg Royalties Income Fund (KEG.UN) back in December of last year and it make me think. It actually make my brain working quite a lot. 

So here's why. In 2014, I won't have much monetary room $$$ left to invest in new stocks. So I better get a careful look of what I hold into, don't you think so. And a question remain: is Keg Royalties Income Fund (KEG.UN) a good fit for my portfolio? Susan had wrote a post about KEG.UN before and I knew about it. It wasn't a post in favor of KEG.UN because we learn that the restaurant chain fail at making positive gain, to make earnings. But how can they afford to pay that big dividend yield to their investors? 

No matter what, I decided to stick to Keg Royalties Income Fund (KEG.UN). Why? Because of its very GOOD YIELD. A Dividend Girl is attracted that. But that taste for big yield came with a price and consequences. Getting into the dividend game is a fatal attraction because holding to stock that pay a big yield can be a wrong move. And for that reason, I was quite surprise to hit on the 100k net worth by the end of 2013 last year. It seem like my investment mistakes didn't bother much, but I need to remain in control.

What do you think happen when a big dividend yield payer announced a dividend cut? Most of the time, the price value go down down down and after that, its became extremely difficult for that same stock to gain back to its old value. I currently have that problem with Just Energy (JE). Susan also had concerned when it come to Just Energy. However, its too late for me on that one. Angel baby got burn on one bum, but I will get the other one free of burn. Or I will try, at least!!

Making a living out of dividend distribution is a dream that some had achieved, like my bebelove Derek Foster. But you will sincerely excuse me if I am wrong, but there's not too many young investors out there who can say that they are making a living out of dividend distribution. And you'll excuse me again if I am wrong but even Susan Brunner doesn't make a living exclusively out of dividend distribution. She partly sell a portion of a portfolio - maybe not every year, but that's how she does. So capital gain are also very important, as much important as dividend distribution.

For that specific reason, its way much better to stick to high quality stocks, what investors name blue chips. Personally, I need reliable stocks and I need to be able to sell off those stocks if it happen that I am desperately in need of money. That never happen so far in my live, but it could. Don't ever think no one is free of financial money drama.

So knowing that I already hold a bunch of troublemaker stocks (like Colabor, DGI, for example), I need to be extra careful with my moves. I currently have that ultimate chance to sell my Keg Royalties Income Fund (KEG.UN) units at profit. Following the commission fee, I will be bale to cash in a small - but still a profit - of $64. The sale of this investment will generate less than $900 overall, but its money I will have in my pockets to transfer other non-registered stuff into my TFSA like I was planning to do for the month of February.

Knowing I could make a profit, even tiny, out of KEG.UN and free of tax, now could be a good time to sell my Keg Royalties Income Fund (KEG.UN) investment.

On why 2014 will be the most frugal year of all!

I start 2014 in a good positive way ever: I was offered a 0% interest credit card transfer at CIBC Visa (but a one time 1% fee applied). I took advantage of the offer to pay off my $2 500 MasterCard balance. I overspend during the months of November and December, I also bought my first 32’ TV (yeah!) and a gadget antenna that give me like 5 great channels. And I also spend on several other things. But the spending time is now over because I had come with this great plan for 2014!

The beginning of a New Year is always a fun time to get a look into asset and debt. And this is how I learn that I had a net worth of over 100k, even while holding 77k in debt. That was the WOW factor on how beautifully end the year 2013 lol. It wasn’t expected at all because I found 2013 an exhausted trading year. A lot of international problems came destroying my little quiet and intimate time with the stock market. At a point, it was a big F to the Euro zone. For a retail investor, to deal with all of those things by our own, I mean, it can easily be over distracting. But no matter what, the 100k asset net worth had been exceeded to be a 106k. I was curious to find out how much was going to be my upcoming dividend income for 2014, and the magic number is now $6 851.17$, excluding the dividend coming from my RRSP.

That’s all nice, but now time had come to pay off some debt. And I plan to seriously do so in 2014, for several reasons. One reason being that I hit on the 100k net worth thing that I didn't see coming, and also, I want to decrease the amount of money I need every months to cover my minimum expenses – and that amount include money that goes on to pay down some debt. This plan will only work if I go through a full-time employment year. 

First of all, very good news, I will have enough money by Friday to completely pay off my balance of $2 355.19 at American Express. It will be clear in a couple of days by mixing up dividend income and cold cash coming from the previous pay check and the upcoming one. Just like that. BANG!

American Express debt: to be paid next Friday

The other priority on my list is my now CIBC Visa at $2 539.75 at 0% for 6 months, which will lead me to about May 2014.

If I only paid off debt without investing anything, I won’t last long. Really soon I hope, maybe by the end of February, some of my Shoppers Drug Mart (SC) shares will get sell for $61.54. I plan to invest at least 1k in LAS.A and leave the remaining on the margin account when I finally get my hands on the money.

Beginning February, I will do a contribution in kind for my TFSA. I have a contribution room of more than $20 000 for my TFSA. So this year, even while my main focus remain debt repayment, I will do my best to also invest inside my TFSA or get some existing non-registered stuff transfer over as a contribution in kind. For now, the list of stocks I want to transfer over my TFSA is: FC, RSI, CFX and SJ. Those stocks currently represent a loan value of $922.39. I will have to add that amount over in cash before proceeding with the transfer. One part of my 2 monthly pay check will be enough to proceed. That’s the story for February 2014.

Beginning March, I plan to make the payment of around $1 500 on my CIBC Visa by including the money of my February dividend and pay. This will leave just a bit more than 1k balance left on the card.

For April, I plan to visit my family in New Brunswick for Easter. With the bus ticket, I plan a $350 expense, not a penny more. April is the time of tax declaration. I guess I will have to pay up an extra 1k in taxes. So no investment and no debt payment plan for April.

Beginning May will be my very last payment in on my CIBC Visa debt – which should be around $900.

So you all know already what’s going to happen until May 2014. Not very exciting stuff, but you may still read on my blog because we never know what could happen in term of investment. And if I get a second job, I could have more money to do stuff. Earning an extra $200 per week could make a huge difference in my finance.

Following the month of May, we’ll have 7 months of 2014 left. That period of time represent an extra $10 612 to play with. So here’s the plan for those 7 extra months:

$1 500 will go on my vacation in New Brunswick (for the summer, October and December)

$300 for Christmas gifts

$1 000 will go on one of my banking account to save the monthly fee

Another $1 000 will go on my second bank account to save on the monthly fee

$4 900 will go to pay of my credit line at 4%

And the rest of the money ($1 912) will go on my margin or for a new investment in my TFSA.

Following what, my minimum monthly budget could be as low as $1 100.

As you can see, I haven’t planned much money to be spent on clothes in 2014 because I find that I have pretty much everything I need. I haven’t planned much on entertainment either because writing this blog should be enough of an entertainment. And not to forget that I now have a TV with almost cable, and also Internet. It will be interesting to see how it goes and if I can stick to this plan. I could pay off about $11 706.94 of debt in 2014 – and if not more. Following what, I could have about $64 774.69 left in debt – certainly better than the 77k I am on now. If I am just very lucky, I could finish the year 2014 with a net worth of MAYBE $150 000 but that’s only speculation...

The plan is pretty much all set up, it will be a very FRUGAL and happy year trying to lower my living expenses. Wish me good luck, I will need some!