Sprott Inc. (SII) is on a chou-chou train

This past Friday, I decided to partly sell my investment in New Flyer Industries (NFI), I currently hold just half of what I used to have. I used the money to pay off completely my CIBC Visa. Other than my margin, I now only have my student loan debt left, which is at $3 634.25. It could be paid off very quickly...

Lately, I had been surprised on how much Sprott Inc. (SII) had gained in value. How knows, it could possibly catch out its old $10 per stock value. If I am lucky, the Shoppers Drug Mart acquisition by Loblaws will go on and I will be able to cash out some money from the deal. but its been report, report, and report again... what is the problem? I want my money now and I cannot wait! This is very exciting. I could used the cash to pay off my student loan and pay if off forever and bye bye debt (except for margin of course).

I don't blog on a regular basis these days. Its because I have a part-time job online, I earned $750 from it so far. Its helping to pay extra expenses, like my trip to Quebec city last week and etc so I am quite happy about it. However, work doesn't come on a regular basis. Sometimes I got work, and sometimes now.

Its been a short and relaxing weekend and watching the elections going on in Quebec is making me laugh. We Canadians are watching the social destruction of Quebec province and believe it or not. Shit doesn't come for nothing. It pay back happy time.

Its going to be paid off one day

I went for a quick shopping trip to Quebec City yesterday and it was fun. I met my old folks at the Place Laurier where their travelling bus was waiting for me and I arrived just on time! I was able to spend the day with my mom and dad, my aunt and a few friends. We haven't seen each other since Christmas, so it was a fun time. 

I need to make a payment on Monday, but after that, my CIBC Visa will be down to $984. With my student loan being at $3 634.25, I only have left $4 618.70 to pay off - excluding of course my margin. In 6 months from here - which lead us to October - my CIBC Visa and student loan will be paid off. Why only October? I have vacations days in April, and after that I probably going to pay 1k more in taxes or around that. And I also have vacations during the summer... But with that part-time job I have now, it probably going to be much earlier. 

And where its getting interesting is that one I get my CIBC Visa and student loan paid off, I will be able to live on less than 1k a month. I am working hard to make it happen. the sooner, the better.

How much it pay to follow Susan Brunner, Derek Foster and Jean-François Tardif

I don't know exactly what's going on, but my non-registered portfolio is popping up to a mega pow-wow and its on the $137 792.82 that I am playing hard. Back on January 1st, my non-registered was at 130k and my overall value was at $183 000. I could be sitting on a 200k right now, but I don't have enough time to work on an update. But I can certainly imagine, very easily a 200k and a net worth of 120k+. When the TSX is on the high, absolutely everything become very extra easy and achievable. Its way much easier to become rich on a smooth good looking TSX market rather than a rocky bear whatever else stock market.

With only $320 in dividend income for February, the richness was low in February, but I am looking forward for a very good dividend income in March. I already received FTS, ENF and CU dividend so far. I am making that debt payment on my CIBC Visa, and once that baby is all paid off, I am thinking of investing inside my TFSA. I am a Susan Brunner follower like I am a Derek Foster follower and a Jean-François Tardif follower. When I like, I just get stuckkkkkk innnnnn. And I really like Susan Brunner, she's, like DF and JFT one of the financial persona behind my successful 111k net worth. 

I had invested in KBL, ABX, CNR - among other - after reading about those great stocks on Susan Brunner stock. And today I read that Susan lost a love one - very unfortunate - life follow after dead but the money don't follow. However, I had the investing taste too in deep now to not invest from time to time and right now, I am in deep of something new, something fresh. And Susan Brunner came to the rescue. I find her Canadian Real Estate Investment Trust (REF.UN) interesting and it could be a nice fit for my TFSA. Once my CIBC Visa is completely paid off, I will reward myself with a nice and sexy new investment and it could be REF.UN because whatever Susan Brunner invest in, I want the same. The very same as her.

All this to say that everyone and get a net worth of 100k very easily and it doesn't take a 50k a year salary to make it. It took me a few years, but I went there. I begin with not even 35k a year. Its not a matter of how much you earn, its a matter of how you spend your money, and how you save in invest. For example, take Quebec province. It has all the richness in the world, mines, its produce its own electricity. We do not produce all the electricity we need in New Brunswick. But no matter what, Quebec province is full of debt and not to add to this full of shit too. Taxes are way higher is Quebec than in New Brunswick. And you don't want ever have to go to a Quebec hospital. The whole social system is insufficient in Quebec, but they have all the possibilities in the word. 

We may not be that rich in New Brunswick, but we understand the power of religion, we respect God and our government respect it citizens. Never you'll see in New Brunswick taxes going as hard and far as Quebec province do. And now, Quebec province is simply running more its economy by going under elections. How much the upcoming provincial elections will cost to Quebec? Certainly a couple millions. And Quebeckers certainly don't deserve any better.

By ruining the identity of other with their anti-religion law, Quebec is currently dealing with much more problems we could ever imagine and this is the revenge of those who are suffering for being religious and having to be ridiculed by stupid Quebeckers.

Its not always the richer who are the smartest ass. 

Us New Brunswickers, we are the best, Quebec can be throw to Hell where its belong. And just watch me catching the 200k portfolio real soon. Watch me baby, watch me.

Scotia Bank (BNS) increase its dividend distribution

My non-registered portfolio close the session at $137 438.68. Quite good, but it seem too good to stay on like that. Pappy Gordon Pape is still saying that we are going to have a correction, blablabli, blablabla, friends of the Golf Club will get richer, and I probably going to be poorer. Anyway, hit it on baby, I am ready. Crash baby crash. 

This upcoming Friday is going to be interesting because I am waiting for my pay and that money will go on to pay my CIBC Visa. I guess it will be something like $1 200. on top of that, add my dividend income for March - maybe something like $500. If lucky, its something like $1 700 I will be able to pay on my Visa, leaving a tiny balance of $704 behind.

Oh, and I don't know if you have catch the news, but Scotia Bank is making so much money that they decided to increase its dividend of 2 cents........ Quite hilarious, whatever.

The best thing I can do for now is to pay my CIBC Visa and after time, my student loan.

Does it really make any sense at all?

I knew my brother own a lot in student loan, I was still shocked to learn yesterday that he owned close to 40k in student loan debt.  He has to pay close to $500 pet make month just as minimum payment only. It just doesn't make any sense. As her sister, I told him to give the f student loan a call and shake up things. My brother live in one of the worst place in Canada: Ottawa. Ottawa is a shitty expensive place where public transportation suck. Ottawa only get exciting on one day per year: 1th of July. The Hill is full of shit and the whole renting area is super upper expensive and the workplace is extra fresh and arrogant and many workers are under paid because too much jobs are being managed by staffing agencies. I lived a few years in Ottawa and I was really happy when I left if you see what I mean. I very dislike my time in Ottawa, but I like to go there once in a while, but not very often.

So knowing all that, and especially knowing that my bro live on less than 50k per year, knowing he live in an extra expensive fresh f arrogant Ottawa are, hell in the world, why does he have to pay close to $500 per month on a F student loan. Does it make any sense at all?

My bro decided to follow the flow and do like too many other young people do: enroll to a Canadian university, be clean and and go deep into debt by enrolling into student loans. And what did he got in return? A holly bunch of debt. And a job, sure, but not a 50k a year salary. I don't think the Canadian educational system worth the debt it cost.

February was an awesome investing month

Already the month of March coming in! Another rent to be paid, and bills, oh yeah. I rank up to a total of $1 681 in expenses for March. I have bought a new office chair for $191 in February. I didn't have any comfy chair, but now I have one so just be ready to read on some more interesting blog posts!

My credit card rank up to $895. Oh lala. I plan to control more my expenses in March and cut off morning (and sometimes) afternoon coffees and stuff. Its not outrageous spending, but I plan to be more careful and not buy any coffees at work - or at least I try. I don't like to rank close to the $900 on my credit card.

I am going to Quebec City next week for a shopping trip as my folks are going there so hopefully, we'll be able to meet without too much trouble. I have a cell phone, but of course, they don't. Anyway, the goal is not to spend more than $500 for the month of March on my credit card. Or maybe 600. Budgeting is HARD.

Even after a deposit of $1 600 on my student loan, my monthly payment is still the same $98, it didn't actually reduce the amount. But in result, my student loan balance is now of only $3 6030 and 42 cents. Not a fortune at all and I would very like to get rid of my student loan sometime by the end 2014. My brother own closed to $50 000 in student loan and believe it or not, his monthly payments are close tot he $500 per month! Students loans staff are retarded for sure.

In the immediate time I have my $2 404.45 credit card balance at 0% with CIBC that soon will expire. I will be ok to pay it off by the end of April. But wait, in April, I am going home for Easter and April is also the TAX month.

For the second year in a row, I have pop up the 50k in income for 2013. I probably going to have something close like the $600 to $800 to pay extra in taxes. I may need to use my BMO credit line for a limited time, I don't know. But the good news is that April will probably be a very good month for my dividend income.

Other than the usual money problem, I stop coloring my hair and my natural color is slowly showing and I don't dislike what I see. Its been 2 months since I didn't color my hair and I don't regret. I had been coloring my hair for close to 10 years now and the whole process of getting my hair colored is taking long each time and it need to be done every single months. So I got enough and stop coloring my hair, saving about $25-$30 each month. But I am not doing this to save money, its just that I really have enough of hair coloration.

To close February in all in strength and fabulous beauty, my non-registered portfolio finish the session at $137 516.02! In result, I have left $7 633.77 on my margin. I like to see the TSX at more than 14 000 points. I hope things will remain as good for the upcoming months as I am working at paying down my debt.

Its the RRSP season and you shouldn't care about it

Its the big RRSP season  once again and personally, I am not a fan of RRSP. I have 40k worth invested in RRSP and I can say that if I regret one thing in my life, its all that money that I invest inside RRSP. 

I am not a fan of RRSP for many reasons. First of all, you never can plan what kind of shit will put itself on your way. When you invest inside a RRSP, you cannot benefit that money until you retired at an OLD age. 

Investing in RRSP will provide an immediate tax benefit, but when you get old, and withdraw the money, you'll need to pay tax on that money + all gain made! Awful right? I think that all the money you can possibly save should go to pay down debt and inside a TFSA and after, a non-registered account.

I need money now, not when I will be old and grey.

The name of this B**** is M-O-N-E-Y, Honey

And you are all going to understand really quickly why. Its a mega portfolio pow-wow! My non-registered portfolio is on the $137 226 value right now, its highest value ever. I own this success to some good old stocks of mine. When I say old stocks, I mean stocks that I had been holding on to for a veryyy longggg time. Those extra special stocks are like Methanex (MX), which I bought at close to $16 per stock back in sometime like,,, 2008. And in 2008, I was a 28 year old chick. As the year pass by, I luckily only got richer. MX closed the day at close to the $75 today. That's right, that baby is going to stay with me forever. Hello, no not diamonds, but hello very expensive $$$ cash.

Another stock that totally turn me on at this time is Premium Brands Holdings Corp (PBH), currently trading on the high at $23.60, I got in the game at $16.66. I own this one to Jean-François Tardif. And talking about the Jean-François Tardif, is JFS.UN fund is finally kicking some ass and making me a very very rich girl.

Other stuff like AGU, BNS, PGF, CNR, oh yeah CNR, DH and sooo on had made of me a lucky girl.

Richness is relative. For some, being rich mean being a millionaire. For others, a $50 000 is all they need.

Saying hello for the first time to a $190 000 portfolio

I haven't post nothing in about 2 weeks, which is quite unusual, but I had been busy with a part-time activity. I made I guess around $700 from it so far and I already been paid for one project. I plan to use the money to pay down some debt. I have update my home office chair to a new one, it make it more comfortable to spend those long hours in front of my laptop, or even for blogging.

Even while being busy at other stuff, I kept my eyes on the stock market and I saw it going up up up. The TSX pop up the 14 000 points mark, like WOW! And I knew at that time I was on the $190 000 value at that time. I was very excited. My net worth is now at $111 472.91. If the rhythm stay the same, who knows, I could easily get on the $150k net worth by the end of 2014. Wouldn't be great?

My debt repaying plan is going on well. Other than my margin, I only have left $3 723 on my student loan and a balance of $2 508 on a 0% credit card that I need to pay by the end of May. $2 500 is quite an amount and my priority is now to pay it as soon as possible. The month of May is coming in a hurry! And some vacations in Easter too...

My investment portfolio on date of February 21, 2014

In date of February 21, 2014:

Non registered Investments:

Stocks and Units investment portfolio $CAN 
Timminco (TIMNF): $1.56

Blue Note Mining (BNT.H): $2

Bank of Nova Scotia (BNS): $6 954.10
Hanwei Energy Services (HE): $21
Methanex Corporation (MX): $7 430.42
Fortis Inc. (FTS): $3 346.30
Pembina Pipeline Corporation (PPL): $18 387.60
Just Energy Group Inc. (JE): $7 200.10
Pengrowth Energy Corporation (PGF): $1 727.30
Enbridge Income Fund Holdings Inc. (ENF): $8 561.54
Corby Distilleries Limited (CDL.A): $2 265.50
Davis + Henderson Corporation (DH): $6 199.20
Premium Brands Holdings Corporation (PBH): $10 255.45
EnCana Corporation (ECA): $4 370.08
iShares S&P/TSX Capped REIT Index (XRE): $2 417.80

Horizons Gold Yield Fund (HGY): $1 376.55
Canfor Pulp Products Inc. (CFX): $1 383.48
New Flyer Industries Inc. (NFI): $2 296.32

Exchange Income Corporation (EIF): $4 915.90
Colabor Group Inc. (GCL): $476.34

TMX Group Inc. (X): $401.52
K-Bro Linen Inc. (KBL): $3 750
Westshore Terminals Invest Corp (WTE): $7 344
WesternOne Inc. (WEQ): $2 850
First Majestic Silver Corp (FR): $1 341
Kinross Gold Corp (K): $877.31
TransCanada Corp (TRP): $1 222.50
Canadian National Railway Co (CNR): $5 577.30
Firm Capital Mortgage Investment Corporation (FC): $476
Enbridge Inc. (ENB): $1 335.60
Agrium Inc. (AGU): $2 620.02
Canadian Utilities Limited (CU): $1 637.58Crescent Point Energy Corp (CPG): $854.92

JFT Strategies Fund (JFS.UN): $2 412
Geovencap Inc. (GOV.H): $0.40

Black Diamond Group Ltd (BDI): $758.25

Emera Inc. (EMA): $820.25

Cineplex Inc. (CGX): $1 002.25

Barrick Gold Corp (ABX): $931.60

BCE Inc. (BCE): $1 051.60

Stella Jones Inc. (SJ): $527.40

Shoppers Drug Mart Corp (SC): $2 991.50

Saputo Inc. (SAP): $1 071.80

Canada Bread Company Ltd (CBY): $2 527.70

Lassonde Industries Inc. (LAS.A): $1 156.20
Toronto-Dominion Bank (TD): $993

TOTAL: $136 130.24

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): $1 384.74
Cash: $4.12

TOTAL: $1 388.86

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): $30.15
Dumont Nickel Inc. (DNI): $129.38
Sprott Physical Silver Trust UTS (PHS.U): $2 004.40
Sprott Strategic Fixed Income Fund (SFI.UN): $363.50

Healthlease Properties Real Estate Investment Trust (HLP.UN): $1 057

RioCan Real Estate Investment Trust (REI.UN): $926.45

Precious Metals and Mining Trust (MMP.UN): $565.20

Sprott Inc. (SII): $3 522.53

Chorus Aviation Inc. (CHR.B): $594.36

Data Group Inc. (DGI): $474.64

AltaGas Ltd (ALA): $1 252.50

CT Real Estate Investment Trust (CRT.UN): $1 131

Cash: $73.09

TOTAL: $12 124.20

RSP investment portfolio:
Sprott Canadian Equity Fund: $3 555.86
iShares Gold Bullion Fund (CGL): $3 978.26
EnCana Corporation (ECA): $2 227.06
Emera Incorporated (EMA): $7 546.30
Sprott Physical Silver Trust UTS (PHS.U): $668.13

Toronto-Dominion Bank (TD): $1 489.50

Barrick Gold Corp (ABX): $1 164.50

Stella Jones Inc. (SJ): $2 637

Telus Corp (T): $1 939

Tim Hortons (THI): $582
Cash: $196.33

CIBC Dividend Growth Fund: $677.13
CIBC Emerging Markets Index Fund: $329.88
CIBC Monthly Income Fund: $1 198.75

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

GIC National Bank: $1 277
GIC Plus TD: $500

Manulife Fidelity NorthStar GIF CAP B: $1 200.26
Manulife Simplicity Growth Portfolio: $1 076.65
Maritime Life CI Harbour Seg Fund: $1 211.17
Maritime Life Fidelity True North Seg Fund: $1 304.12
Manulife GIF MLIA B World Invest: $872.74

Great-West – various: $2 189.08 
Various other mutual funds: $1 333

TOTAL: $40 133.08

Social Capital at Desjardins Membership share: $40 

Savings + Stocks, units, mutual funds + Tax- 
free Savings account + RRSP + Online Income
($123.95):

$190 040.33