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Monday, October 31, 2016

Getting ready to dumb my Apple Inc. shares out in the wood

What could had been a really long post is going to quickly be resume by the following: 

Its unfortunate, but my Apple Inc. stocks are not doing as good as expected and I am thinking about selling. If I do so, I will be good to run away with a cuty tiny little 45 $ profit after commission fees.

Sunday, October 30, 2016

Welcome in my non-registered portfolio Park Lawn Corporation (PLC)!

The sell of Davis + Henderson Corporation (DH) left a deep hole in my portfolio and fact that the TSX closed to down 14 785 points this past Friday didn't help me in any way. Before, there I was, standing like a splendid Queen with my 150k+ non-registered portfolio and my 180k+ net worth. Everything was perfect until that damn Davis + Henderson Corporation (DH) collapse and let me down. Life is a bitch oh yeah baby girl.

To compensate, I decided to use this Friday pay cheque to invest in a stock that I had been holding on inside my RRSP for a little while now and that I really like: Park Lawn Corporation (PLC). The only way to move over that DH bad luck is to invest again again and again, tight down the budget and hit on the gym and burn like there will be no tomorrow. And it work. It actually work to move on. I have no clue when I will be at a dividend income of $600+ per month or when I will get back in on the 180k net worth. It doesn't really matter anyway.

My non-registered closed Friday session at $144 047.43. My margin usage is now down to $78 805.

Thursday, October 27, 2016

Saying goodbye to Davis + Henderson Corporation (DH)

Today, I made the choice to sell Davis + Henderson Corporation (DH) for different reasons. I find it difficult to keep such a volatile stock in my portfolio. My major problem was that I didn't want to lose the original amount of money invested, I wanted to protect my capital. I had a very long investment history with Davis + Henderson Corporation (DH). I had been holding to DH since 2009. Back in the days, DH was Davis + Henderson Income Fund (DHF.UN). Even back than, DH was volatile.

I had sold with no regret. I began to feel unsecured about the stock. And the idea that Davis + Henderson Corporation (DH) may eventually cut off their dividend cross my mind. If DH cut their dividend, it would represent even more volatility ahead for the stock. And I cannot afford. For years, I made good money with DH dividend distribution, but now its over. I made a couple hundreds in the sell of today, exactly $387. I am very release. I cannot go to work during the day and worry for my portfolio. And DH began to be a pain that I didn't want to have anymore. I sell in the early morning. If I would had sell later on during the day, I would had made more money. But like said, I already had enough. And I never have any problems living with my decisions. Its, in my opinion, the key to stay active and last long on the stock market.

In result of this sell and previous SII, my dividend income is now down to $6 863.30. Still a good amount of money, just a bit lower. I prefer to be release. There's always risks associate with a stock portfolio, but I prefer to take the risk I can handle. DH began to scare me and I didn't like the feeling.

Thank you and goodbye Davis + Henderson Corporation (DH)!

Wednesday, October 26, 2016

Oh no! My glorious Davis + Henderson Corporation (DH) lost 43.38% today

My non-registered portfolio close today at $147 075. I lost $3 112 just like that... This illustrate what its really like to invest in stocks. And sad news, my net worth is no longer of 180k. Its something I was expecting. I know the drill. The trick is to never lose calm when big loses happen. The reason why I lost 3k stand mostly behind Davis + Henderson Corporation (DH). DH lost 43.38%, -$12.45 per share. But technically, I didn't lose money, at least money from my very own.

I bought my DH stocks a very long time ago a $14.67. And now, DH is trading at $16.25. Now, the question being, should I sell what I hold of DH, or partly sell? I don't have a clear answer to that question at this time. For TD, DH is a HOLD. But for me, I don't know for sure, but I am more tempt to sell. I don't like volatile stock. Next thing we know, DH may cut their dividend and if they do, it will hurt the stock value very badly. So I am scare of that.

I was just doing too well, something had to happen. Its sooo disgusting!!! Anyhow, its all out of my control isn't. The only choice I can make is to sell or hold. One positive point, if I sell DH, which is probably going to happen, the money will go to pay down my margin - which really need it. I am currently using $82 339.67 of margin cash. And in result of today DH crash, I have left available $11 747.14. Usually, I am around 15k. I kind of know what I need to know.

Can it get any darker for DH? 

I have no chance to take.

Tuesday, October 25, 2016

The UK is full of good stuff. Like Jamie Cullum, Stockopedia, and the Queen

Good news today. Quebec province is cutting on the health services contribution tax. From what I remember, that tax was costing me something like $200 on an annual basis. Now, that tax will be cut off a bit beginning January 2017. Its a good thing because I do not benefit of any health services while living in Quebec province. Its like burning money. In 2017 at least, it will be reduce to $175. Quebec province made the announcement like it was something extraordinary. It a big shame. No one should have to pay that so call health tax. Finances are so bad in this province that they come up with a health tax. Its a pain to be living in Quebec.

Its official, the good months of summer are now way behind us. Its so cold that starting tomorrow I will be wearing a little hat and my winter coat. I was freezing this morning. I just upload a video on YouTube of Jamie Cullum performing at the Montreal Jazz Festival back in July 2016:

One little thing is good about Montreal, its the Jazz Festival, and nothing else. This a great video. Jamie Cullum is arriving on stage like a rock star. I have many other like this ones that I am looking to post, in souvenir of the warmer days. It make me laugh to listen to all of those little videos. I didn't listen to them once since shooting them. By the way, both Jamie Cullum AND Stockopedia are from the UK.

If you are looking to listen to something different and new, listen to Leonard Cohen latest hit, You Want It Darker. Strangely, it remind me of Johnny Cash. If you are like Johnny Cash, You Want it Darker is going to be your next everything song:

And very strangely, Leonard Cohen is... a Quebecker...


Monday, October 24, 2016

A success story in my investment portfolio: Park Lawn Corporation (PLC)

I wanted to track back of when I actually took the very awesome decision to invest in PLC by searching on the archives of my blog - writing a blog is actually a good way to keep track of those kind of things. It was actually back in July 2016 that I invested in Park Lawn Corporation (PLC). PLC is a stock that I found on Stockopedia. Since July 2016, Park Lawn Corporation (PLC) had grow of 21.62% inside my RRSP portfolio. A 21.62% within 3 months, its quite fabulous!!!! Its not fabulous. Its spectacular.

I wasn't exactly aware of this before, but this marvelous stock of mine was trading, prior to October 17, 2016, just a few days ago, on the TSX Venture Exchange. Just by switching from the Venture to the regular game, Park Lawn Corporation (PLC) gain a lot of value. Now that PLC is trading on the main index, the stock is going to gain exposure and EVERYONE will want some of my precious PLC stocks in their portfolio. So go ahead, do your job, invest in PLC and make me richer than ever BEFORE. And thank you Stockopedia! I never heard of PLC before reading about it on Stockopedia. Without the site, I had never know about it. There's no chance.

While searching for PLC on my blog, I went through this post. Back on July 30, my net worth was at $164 403.10. On October 22, my net worth turned out to be $180 625.30. Its a good increased of an unexpected $16 222.30 in 3 months. I was told that once I reached the 100k, things would get a lot easier, but I could never imagine that it was going to be this easy! Of course, I am now only dreaming of the time when my net worth will be $200 000.

My very first stock investment had been made several years ago when I was still young and innocent and that my soul was pure and only wanted a $50k of its own. The first stock that I ever bought was in Sprott Inc. (SII). I bought at $10. Following what, SII it went down, it went up again. I sell, I bought. But following that, Sprott Inc. (SII) went all the way down and at that point, it was like static. I don't see SII going anywhere and lately, I had been extremely annoyed by holding on to a such miserable stock inside my TFSA portfolio.

So I did what she needed to do. Today, I sell out all of the Sprott Inc. (SII) stocks that I was holding inside of my TFSA. Its now official, I no longer have anything to do with Sprott shit and ever from my life, I will do my best to stay in control and never ever again invest in SII or invest in something having some kind of relation with Eric Sprott. Its over. I am calling for divorce. SII is now only part of my trading history. Its just coming out as a normal breakup because I am so much better than anything related or only slimy remotely related to Eric Sprott can offer me at this time, goodbye. Me and Sprott, most of the time, it is not working at all!!! I am fully successful with Sprott stuff so over time, understand the frustration. Here I am now. I am doing much much better without Eric Sprott. Fact is, I AM BETTER. MUCH MUCH BETTER. If you want to make money out of the stock market, you need to follow the Dividend Girl, not Eric Sprott or Sprott Inc. (SII) or even worst Sprott Asset Management. Firm like Sprott only exist to suck money from small investors. No money can be made from Sprott, but they are making their big bucks on our back. Is that suppose to be fair? No its not. That's why I decided to cut it short.

I sold my SII stocks, just like I sold RNX out of my portfolio not too long ago.

And the too smart girl that I am reinvest all of the money in Stornoway Diamond Corp (SWY). More diamonds for the me PLEASE. The party just begin. SWY is in huge fire. That's why I jump in again. I now own Stornoway Diamond Corp (SWY) in both my TFSA and non-registered account.

Saturday, October 22, 2016

For the first time of my life, saying hello to a $180 000 net worth. It was about time

For the past days, the TSX push it very hard trying to please investors. In result, the baby is just about to pump it up to the 15 000 points! And in result, my portfolio is just showing off. Its shining all over the place, you cannot miss it. I was looking forward for the moment that my net worth would reach out the $180 000. Now, its thing done. I was hoping to get there by the end of the year - but it certainly happen sooner than expected! I couldn't be happier, but I would like to hold more US stocks in my portfolio. I would like to get around safe US bet like Bank of America and Johnson & Johnson Inc. At the present time, I don't have my eyes on any new Canadian stock to invest in. I think I am holding on to the best that Canada can offer me at this time. Its a good thing because I need a little break from investing and the usual. And strangely, I am mostly satisfy with the portfolio that I have right now. That is something that happen only once in a while for me. The sense of satisfaction over a portfolio, you don't get to feel that too often. It only happen in case of rare exceptional events. And my event of the time is, you must had understood, that I reached the 180k net work. Come my way sexy money cash!! :-)
Something else that I wanted really badly other than a 180k net worth was the equivalent of a dividend income of $600 per month. Tadam, that is now done too! My annual projected dividend income is currently of $7 284.50 or $607.04 per month. Its been hard to reach that point without getting tramp in stock that pay a too high dividend income for my taste of the moment. Building a passive dividend income is the work of a lifetime.

It seem like I reached a breaking point in my very dirty money dreams. You cannot be a Saint and invest in stock. It take someone very angry AND hungry for much more than what life decided to throw at you. Existence is a big injustice, but it doesn't matter for the stock market place because what its all about if money, profit, dividend. The market being what it is, I may not stay at a net worth of 180k for a very long time, it could get lower a bit. But now that I reached 180k, its more of a natural move that it will get back to that value in the future in case the stock market start acting all agitated again like a pot head.

I didn't hold very long to my Eric Sprott new stock darling Royal Nickel Corp (RNX). I sold my RNX stocks, lost $150 in the process and reinvest in the majestically Stornoway Diamond Corp (SWY). And I felt release. Eric Sprott shit is not working for me. Over the years, I develop the kind of love and hate feelings over him. Good thing that he's retired now. But see how the markets are addicted, the poor man just cannot stop trading his millions. I have the same disease, but on a much lower level. I saw it at the news on Radio-Canada, I saw the diamonds from my own eyes, SWY began to exploit its diamond mine located in the north of Quebec. The mine is good for a 15 years. Personally, I am looking to hold SWY long enough to make hundred of dollars on the stock. And once again, the sexy money cash will come to me in a fingers clap. I wouldn't recommend to buy and hold forever Stornoway Diamond Corp (SWY). Anyway, I will let you know know when I sell my SWY stocks. Just be ready for a good buy-now-and-sell-later-in-a-couple-weeks-or-couple-months.

Stornoway Diamond Corp (SWY) is going to make me happy.

My only sensible point of the moment is my margin. Its now at $82 218.54. But other than my credit card that is going to be paid next month, I don't have any debt at least, Its all concentrated in that fatty margin. When I will be selling SWY later on, the money will go to pay down my margin, that's for sure. I went up on a 80k+ margin usage before, but I was careful. My non-registered portfolio is strong enough to support it. I would like to reduced it to 65k. Its the project for 2017. And if lucky, I may also be able to finally hit on the $200 000 net worth in 2017. Those would be the projects for the months ahead.

My debt situation on date of October 21, 2016

$82 218.54 at 4.25% = $3 494.29 in annual interest

[In date of October 21, 2016]

*For a complete update regarding my debt, click on the label "Debt situation" located at the right column of this blog.

My investment portfolio on date of October 21, 2016

Non registered Investments:
Stocks and Units investment portfolio $CAN

Timminco (TIMNF): $0.16
Bank of Nova Scotia (BNS): $8 192.60
Blue Note Mining Inc. (BLNMF): $0.01
Methanex Corporation (MX): $5 304.50
Fortis Inc. (FTS): $4 874.64
Pembina Pipeline Corporation (PPL): $20 602.47
Just Energy Group Inc. (JE): $6 366.96
Enbridge Income Fund Holdings Inc. (ENF): $12 337.92
Corby Distilleries Limited (CSW.A): $2 937.24
Davis + Henderson Corporation (DH): $6 522.75
Premium Brands Holdings Corporation (PBH): $29 845.20
iShares S&P/TSX Capped REIT Index (XRE): $2 473.24
New Flyer Industries Inc. (NFI): $4 092.12
TMX Group Inc. (X): $507.20
K-Bro Linen Inc. (KBL): $4 011
WesternOne Inc. (WEQ): $20.90
TransCanada Corp (TRP): $1 570.75
Canadian National Railway Co (CNR): $7 865.10
Enbridge Inc. (ENB): $1 645.28
Agrium Inc. (AGU): $5 568.30
Canadian Utilities Limited (CU): $1 563.24
Black Diamond Group Ltd (BDI): $120
Emera Inc. (EMA): $1 184.75
Cineplex Inc. (CGX): $1 294.75
BCE Inc. (BCE): $1 338.70
Stella Jones Inc. (SJ): $919
Saputo Inc. (SAP): $1 872.80
Lassonde Inc. (LAS.A): $2 093
Loblaw Companies (L): $791.88
Savaria Corporation (SIS): $5 650
Stornoway Diamond (SWY): $2 123.10
Open Text Corporation (OTC): $1 710.2
Andrew Peller Limited (ADW.A): $1 770
Canadian Imperial Bank Of Commerce (CM): $3 017.10

TOTAL: $150 187.18

Stocks and Units investment portfolio $US:
Berkshire Hathaway Inc. (BRK.B): $1 148.80
Apple Inc. (AAPL): $2 097.36
Cash: $99.01

TOTAL: $4 457.10 CAN

Tax-free savings account (TFSA):

EnerCare Inc. (ECI): $58.20
Dumont Nickel Inc. (DNI): $11.48
RioCan Real Estate Investment Trust (REI.UN): $924.35
Sprott Inc. (SII): $2 419.80
AltaGas Ltd (ALA): $1 031.10
CT Real Estate Investment Trust (CRT.UN): $1 541
Canadian National Railway Co (CNR): $3 495.60
Exchange Income Corporation (EIF): $9 135.56
Firm Capital Mortgage Investment Corporation (FC): $554
Brookfield Infrastructure Partners L.P. (BIP.UN): $3 055.20
Brookfield Renewable Energy Partners L.P. (BEP.UN): $1 229.40
Laurentian Bank of Canada (LB): $986
The North West Company Inc. (NWC): $1 294.50
Andrew Peller Limited (ADW.A): $2 230.20
Barrick Gold Corporation (ABX): $901.60
Canadian Imperial Bank Of Commerce (CM): $1 508.55
Hydro One Limited (H): $2 462.38
Toronto-Dominion Bank (TD): $1 199.80
Boyd Group Income Fund (BYD.UN): $2 550
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN): $2 102.80
Keg Royalties Income Fund (The) (KEG.UN): $1 438.50
Data Communications Mgmt (DCM): $29.40
Westshore Terminals Invest Corp (WTE): $5 653.02
Morneau Shepell Inc. (MSI): $1 771.20
Royal Bank of Canada (RY): $3 379.20
Morguard North American Residential Real Estate Investment Trust (MRG.UN): $1 941
Parkland Fuel Corp (PKI): $1 976.66
Cash: $224.10

TOTAL: $55 104.90

RSP investment portfolio:
Emera Incorporated (EMA): $11 942.28
EnCana Corporation (ECA): $1 593
Toronto-Dominion Bank (TD): $1 799.70
Barrick Gold Corp (ABX): $1 127
Stella Jones Inc. (SJ): $4 595
Telus Corp (T): $2 145
Alimentation Couche-Tard Inc. (ATD.B): $538.64
Royal Bank of Canada (RY): $1 689.60
Savaria Corporation (SIS): $2 260
Thomson Reuters Corporation (TRI): $2 118
Park Lawn Corporation (PLC): $3 420
Richards Packaging Income Fund (RPI.UN): $770.55
Cash: $190.69                                                               

CIBC Dividend Growth Fund: $751.08
CIBC Emerging Markets Index Fund: $493.93
CIBC Monthly Income Fund: $1 319.26      

Energy and Base Metals Term Savings (Indexed term savings): $577.30
Natural Resources Term Savings (Indexed term savings): $502.45

GIC National Bank: $1 310.42                                  

Manulife Fidelity NorthStar GIF CAP B: $1 499.68
Manulife Simplicity Growth Portfolio: $1 230.03
Maritime Life CI Harbour Seg Fund: $1 162.34
Maritime Life Fidelity True North Seg Fund: $1 218.64
Manulife GIF MLIA B World Invest: $1 055.70

Other various: $7 755.04

TOTAL: $53 065.33

Social Capital at Desjardins Membership share: $35
Pending online income: $29.33
Savings + Stocks, units, mutual funds + Tax-free Savings account + RRSP:

$262 843.84

Wednesday, October 19, 2016

Welcome in my non-registered portfolio Canadian Imperial Bank Of Commerce (CM) and Andrew Peller Limited (ADW.A)!

Look at the pretty thing. The TSX is getting ready to pop up to the 15 000 points. Be ready! When the TSX is on the high, everything is extra smooth extra easy. Can the TSX hit on the 15 000 points, stay there, and go higher?? Make me proud, I want a 200k net worth by the end of 2016. My non-registered portfolio closed the session at $149 689.08. Its probably official, my net worth may be happily pumping up at 178k.

Andrew Peller Limited (ADW.A) stocks split yesterday. I taught that maybe ADW.A was going to soar and gain again just even more in value - but it didn't. Anyhow, its not of a major problem. Andrew Peller is in my opinion a safe bet. ADW.A is a killer stock that anyone with common sense will be just very excited about. I now own some Andrew Peller Limited (ADW.A) stocks in both my non-registered and TFSA portfolio. Yeah! But let's not stop the fun here please.

Because I also sold like plan my Alimentation Couche-Tard Inc. (ATD.B) stocks that were from my non-registered portfolio, and I bought Canadian Imperial Bank Of Commerce (CM) instead. And now, my dividend income is now at an annual $7 284.50. And that is like always excluding the dividend I earn inside my RRSP. I am doing quite ok.

Whenever my non-registered pop up at 150k, its going to be fun fun fun.

I am currently listening to the presidential debate on YouTube and I have to say, Donald Trump impress me, but will it be enough to win the race? Its hard to tell.

Thank you

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