My debt situation on date of March 17, 2014

$72 759.68 at 4.25% (margin money coming from my broker account): = 
$3 092.29 in annual interest

$3 638.07 at low interest rate loan at 5.50% (student loan) = $200.09 in annual interest

TOTAL: $76 397.75

TOTAL in annual interest: $3 292.38

[In date of March 17, 2014]

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

My deb situation on date of February 21, 2014

2 508.45$ for 6 months at 0% (credit card) = $0

$72 335.03 at 4.25% (margin money coming from my broker account): = 
$3 074.24 in annual interest

$3 723.94 at low interest rate loan at 5.50% (student loan) = $204.82 in annual interest

TOTAL: $78 567.42

TOTAL in annual interest: $3 279.06

[In date of February 21, 2014]

CIBC Visa decided to treat the Dividend Girl like a Queen... and you should all do the same!

Not so long a ago, a reader was asking if I finally got my credit check and what my score was. Well, I didn't get my credit check yet, but I guess I have one of those very good credit score because once again, CIBC Visa decided to treat me like a Queen.

With CIBC Visa, I am currently under a 0% credit card balance promotion. Nice, but it seem not to be enough for CIBC Visa. I received the following offers by mail today: CIBC Visa offer to increase my credit card limit to close to 10k. And that's not all! CIBC Visa is offering me 1.99% interest rate for 6 months. Both offers are nice, but I am not accepting one or the other as I have more debt that I need on my back. The 1.99% offer for six months is not that much interesting because a 1% immediate fee need to be paid off, and to that you need to add 1.99% interest rate. Not to interesting.

I haven't mail my $1 600 to the Student Loan yet, and I guess its the best thing I can do for now, rather than getting into a credit card limit increase and stuff.

For those cold winter nights, try David Tea The Spice is right

The weekends are always a nice time and the day FOLLOWING a paycheck is always extraordinary. Yeah! I had discovered an extraordinary David Tea name The Spice is right, a spicy orange green tea with 0 calories and the taste is absolutely amazing, its my new favorite tea. While drinking The Spice is right, you could thing that the tea contain sugar, but no sugar, only a very great taste! The mix of orange and cinnamon is very good! Check on the Spice for those cold winter nights.

While drinking that awesome tea, I wonder: what am I going to do with that money? In total, I have a $1 600 available to do whatever I want. Excluding my margin, my debt include a $2 500 credit balance at 0% for 6 months and a $5 381.54 student loan. My margin situation is stable for now, and I have plenty of cash available - $20 000 available on my different credit lines and I have an immediate access to $15 000 in case of need. So no excuse, I have no excuse. I haven't done extra payment on my student loan in a very long time and with only $5 381.54 left to be paid, giving an extra push on it wouldn't hurt at all. I don't have much debt excluding margin, so paying off as much possible, why not.

I currently have to make a monthly payment of $98 on my student loan. With an extra payment of $1 600, it could lower my payment to $69 a month and lower my student loan to $3 781.54.

I have establish a minimum monthly budget that goes like this:

Rent: $615

Grocery: $200

Internet: $39

Cell: $41

Laundry: $18

Student Loan: $98 $69

Banking Fees: $6

Credit card at 0%: $53

Total: $1 041

Knowing my habits, a more realistic budget should include an extra $300 for other expenses like coffees and stuff like hair products, makeup and clothes. A more realistic is $1 350. Its getting more and more interesting. 

Saying goodbye to Heroux-Devtek Inc. (HRX)

I am late on the post, but I didn't take time yesterday to make it publicly announced... yesterday, I have sell all of my Heroux-Devtek Inc. (HRX) shares for $11.70. I cash in $633.51 after commission. Its a good move for me because I need to lower by debt and also at this point, Heroux-Devtek Inc. (HRX) doesn't pay any dividend. I had collected dividend from HRX in the past, but it was only one time, 2 years ago at the time a special dividend of 5$ per share was distributes. Two years is a long run to be able to sell back a stock on a profit, but this was only a tiny small investment and I had all the time of the word. I can be very patient when needed.

My non-registered portfolio closed today session at $130 659.67. The markets are quite difficult these days and hyper sensible to the situation for the emergent market. I don't have too much left on my margin (just something like 3k), so I decided to put my upcoming paycheck on my margin instead of my student loan or anything else. Following what, I will only own $73 558 in debt - including margin, student loan and my current credit card balance at 0%. 

I am watching the French Quebec TV show L'Épicerie, thanks to my antenna, and there's a guy that live on a $60 grocery bill for one month..... Oh lala... The goal was to eat for $2 a day, he was able to make it, lost 12 pounds among the way, but wasn't much interest in repeating the experience because it requested a lot of shopping time. No, its not something I am interested in.

TD Bank Two-for-one stock split is now completed and Heroux-Devtek Inc. (HRX) wake up from the deads

Today was the lucky day, but nothing spectacular happen in term of value. On this special day, TD bank stock split in 2. Currently, TD bank is about $50 per share, when it used to be close to $100. Its a cool move coming from TD Canada Trust. I find the stock have a feeling of being less arrogant now compare to the other big banks like BMO and Royal Bank, just to name those two. This split make TD more accessible to any type of investors, big or tiny little and that's real sexy.

A less sexy thing: my non-registered portfolio close down to $131 076.39 today. The TSX lost 200 points today and its unfortunately impact the value of my portfolio.

Another very sexy thing: I had set up an automatic sell option on a couple of stocks, but they had expired, because it was only set up for one month, the month of January... Here are the stock sell moves that were automatically set up, but I forgot to renew them for the month of February :

-Heroux-Devtek Inc. (HRX) at $11.23

-New Flyer Industries Inc. (NFI) at $11.75

And I also had one for CFX and CPG, but I didn't not down the selling price that I put out there.

Anyway, something very awesome happen today with Heroux-Devtek Inc. (HRX)! That's right, HRX finally wake up out from the deads, from the actual monstrosity that crack happen today.

Back on November 2012, I bought some Heroux-Devtek Inc. (HRX) after the company declared a $5 per share special dividend. Ever since, I had been holding on to HRX, hoping that its value will eventually go up and make a profit by selling the shares. And the special event happen today, but the problem is now a sell or hold status. Heroux made a major acquisition of a player in its sector. And in result, the stock gain 8.21%. 

Now could be a nice time to sell. But now could be a nice time to stick and hold to Heroux-Devtek Inc. (HRX) and never ever sell...

On one hand, I have a mountain of debt and i could use the tiny amount made by selling HRX to pay on some debt. Also, HRX doesn't pay any dividend at this point. Aeronautic is a risky sector... If be rich, i will probably hold to HRX, but because I am poor, I am very tempted to sell it right now... I am not exactly fix on the move I should made, but I have a new series of post about frugal living and tips on how to save some money so stay tune.

Welcome in my non-registered portfolio TD Bank and Lassonde Industries Inc. (LAS.A)

I recently sell some stocks off my portfolio, like Bombardier, Veresen, Student Transportation and Rogers Sugar. Once sell, I used the money to pay off my debt, and I now see the too very direct impact on my margin. In result, I have left $3 862 on my margin, its not much, so for my next investment move, I will be investing inside my non-registered. To make my margin more secure, I will need to have at least between 10 and 15k on. Once that step completed, I will be able to invest in my TFSA, which didn't happen in quite some time.

This past Friday, I did something I was looking to do in quite some time. I partly sell my investment in Exchange Income Corp (EIF), and I reinvested in some TD and  Lassonde Industries Inc. (LAS.A) stocks. Following what, my non-registered portfolio is now at $132 100.18. Not too bad. I will be happier with a 135k valie. 

I am very excited over my TD stocks because real soon, the stocks will split in 2. Two-for-one stock splits are always very exciting event because the value seem to jump a bit and its always very exciting stuff. Telus and Stella Jones, among other, are stocks that I hold that went through a stock split and it went all. Its all about making the stock more affordable to investors and its nothing more than positive stuff to me. I would like to have a stock split with Lassonde Industries Inc. (LAS.A) too. At more than $100 per stock, LAS.A is reallyyyy expensive and the dividend income is tiny little, but its the kind of quality stock I need in my portfolio.

I am so so glad that I got rid of Rogers Sugar! RSI just lost 9.82% value this past Friday session. It feel good to know that I sell right on time before it fall right down. It seem like I am always right on everything. (I cannot wait to read reactions about that one!!!) Seem like I am doing all right.

With soon another 1k to invest in my pockets, I am in the search of a new stock to invest in, but I have to say, its quite difficult. I cannot get in something that could be a good match. I had trouble to find new investments in the past, and its happening again. Seem like the only very great thing to do with my money right now is pay off debt. And since I cannot get my hands on a new fantastic Canadian stock, I am more and more thinking about maybe putting a 1k payment on my student loan... And after that I think why not a 2k since I earn closed to 1k alone with my January dividend. I could go form a $98 monthly payment to almost half of it, if its the way it work.

Living without having any future investment ideas is killing me. Its like I don't have any dreams. There's nothing more I want from the thing. Is that really all? Is this the end?!!! Don't count on it. There's nothing wrong about paying off debt but i find the phase boring without new excitements... but I still can excited about the fact that I am slowly reducing the amount of cash I need every months... And its something really interesting. Once all my debt are paid off, I could live on as low as $1 000 a month, even $900 per month. To make it happen, I only have $7 681 in debt to clear off; really nothing at all... So I am telling myself, why not? Especially while going dead on investment ideas. 

Sooo my new turn on for the month of February is to live on not more than $1 000:

My rent: $615 (why does it have to be so expensive). 

Grocery and other: $291

Internet: $35

Cell: $41

Laundry: $18

That is the challenge for February.

Its time for another investment, let's think of Lassonde Industries Inc. (LAS.A)

Did you miss me all of my belove and wonderful readers? I try to connect online yesterday, without much success. Videotron Internet connection wasn't working. While I was away, the stock market didn't deliver much and in result, my margin value go down to less than $3 000. Scary, but during that time, I was busy at other stuff, I had a little something for my self-employed work.

My non-registered portfolio closed today session at $132 764 and so far for January, I earn $900 in dividend. Since my BMO credit line is now paid off and that in another I will be getting my paycheck , I was thinking of making my first investment of the year 2014. I was thinking of finally getting into my Lassonde Industries Inc. (LAS.A). It will be a small investment and only made in my non-registered account. Without knowing, LAS.A probably get into a 70% margin loan value, so it will help to stabilize the value of my margin that had been quite low lately. Nothing worth more than cash of course, but since a reader put LAS.A on my way, I had been fascinating and it will be a nice fit to my portfolio despite the fact that, hell yeah, LAS.A is a Quebec company. Hoolly mollly. 

At this time, I have eyes also on Quebecor (!!!) and also some TD stock - could be nice to invest in TD before its value pop up the $100.

Seem like my very own Jean-François Tardif is being love by hot boys and hot girls. Latest thing I notice is a comment by a so call moron lawyer saying I should look up for certificate s. Come on, BS lawyer. Lawyers are among the worst BS of all, making money on the back of poor people. I don't think they are valuable.

For the first time ever, my BMO credit line is paid OFF. BANG!

Another week is about to end reallll soon, the weekend will soon be here. Since I am getting my paycheck tomorrow, I decided to pay my BMO credit line in advance and I used my margin to pay off my $647 balance. After my American Express, my BMO credit line is now pay off. What at will happen won't be much more exciting! I had changed a bit my initial January plan to pay off debt, but not drastically. The next couple months won't be much exciting. I am just waiting for my Shoppers Drug Mart to be sell (acquisition by Loblaw) and see the result on my margin. If I get a good cash amount and decrease a bit my margin, I could easily invest for the for time of 2014 in March. If everything goes well, it will be in my TFSA.

My next big debt payment will be in May, to pay off my $2 300 CIBC Visa at 0%. CIBC Visa had been quite generous with me lately. I actually have another offer available, 1.99% for 6 months. I didn't received any offer from TD Visa - I used to received credit card interest rate balance transfer every months. Anyway, it doesn't really matter now that I am crashing off my debt. But I will always remain the credit card balance transfer Queen. AE, CIBC, RBC, TD... They all have gave me good offers in the past and it still continue.

Now that all of my credit debt is about to be pay off, it can only benefit my credit score and the big fatty margin, well, it doesn't appear in my credit score! It could be one of the numerous benefits of holding on to a sexy margin.

After recently dumping a few stocks, my non-registered value is just a bit more than $133k. Of course, the dividend income is decreasing among the way, but it worth it. I no longer have a minimum payment of $70 to do on my American Express, I no longer have a $100 to pay monthly on my BMO credit line. I mean come on, really, does that girl really rock the place or what?

No matter what your thinking is, my minimum budget is now only of $1 061. And it will get even lower once my CIBC Visa and student loan are paid off. 

If it happen that you get really bored of reading about this chick paying off debt, well, you can always read the f comments. Have fun.

Saying goodbye to Bombardier Inc. (BBD.B)

On this beautiful very cold winter day, the TSX close session close to the 14 000 points! And on the same day, at the market opening, I was selling off all of my Bombardier Inc. (BBD.B) shares. I do no hold to any BBD.B shares and its a good thing because as time pass by, BBD.B could go all the way down and I am scare of what could happen. And since I had a few debt to pay... I happily sell off and I am now down to $647 on my credit line. By the second week of February, it will be all paid off. Finally!

Its real cool in Montreal and I am just get out of the shower so I won't have take it tomorrow morning. So you are reading a wet Dividend Girl super hot in her pyjama. And I am going to bed now.

A stock that: worth to be dumb: Bombardier Inc. (BBD.B)

While Bombardier Inc. (BBD.B) titre continue all its way down down down, I seriously begin to think to dumb the stock, just like I recently did to VSN, RSI and STB. If I sell now, I can still make a profit - not big - but still a profit out of the sale. Knowing I only have a balance left of a bit more than 1k on my credit line, I am very tempted to sell Bombardier Inc. (BBD.B), cash in the cash, and make another $500 deposit on my credit line...

If what Pappy Gordon Pape said is true, that we are going to have a stock market correction by the end of the winter-beginning of Spring, than, it could be that of a good idea to dumb troublemaker stocks now that it's still possible and reinvest once the market will correct itself. I guess Gordon friends of the gulf club will be happy once the market get in a correction. But no worries, once it happen, I will be ready. I will have a few thousands to invest and hello darling cha-cha the $200 000 net worth... Its so much easier after the 100k, did you know that by any chances?

Even after selling VSN, RSI and STB, my non-registered value is $134 531.49, +$21 457.67, 18.98%. So dumping a few stocks did not affected my value. At this very moment, I am tempt to sell my Bombardier stocks. Who knows, maybe it will be possible to get back in Bombardier once BBD.B hit the low $2 per share...

When you think about it, Bombardier Inc. (BBD.B) is just another Quebec company that couldn't deliver, that is very all. And your Dividend Girl, does she deliver or not? 

Let's go baby, let's go.

:--]

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!

My investment portfolio on date of January 1, 2014

Non registered Investments:

Stocks and Units investment portfolio $CAN 
Timminco (TIMNF): $0.43

Blue Note Mining (BNT.H): $2

Bank of Nova Scotia (BNS): $ 7307.30
Hanwei Energy Services (HE): $21
Methanex Corporation (MX): $6 451.92
Fortis Inc. (FTS): $3 316.87
Pembina Pipeline Corporation (PPL): $17 278.80
Just Energy Group Inc. (JE): $6 148.40
Pengrowth Energy Corporation (PGF): $1 508.80
Enbridge Income Fund Holdings Inc. (ENF): $7 959.90
Corby Distilleries Limited (CDL.A): $2 331.05
Davis + Henderson Corporation (DH): $6 410.88
Premium Brands Holdings Corporation (PBH): $10 033.95
EnCana Corporation (ECA): $3 983.20
iShares S&P/TSX Capped REIT Index (XRE): $2 362.36

Horizons Gold Yield Fund (HGY): $1 273.05
Canfor Pulp Products Inc. (CFX): $1 107
New Flyer Industries Inc. (NFI): $2 194.40

Exchange Income Corporation (EIF): $7 186.80
Rogers Sugar Inc. (RSI): $509.20
Student Transportation (STB): $658
Colabor Group Inc. (GCL): $478.38

TMX Group Inc. (X): $408
K-Bro Linen Inc. (KBL): $3 950
Westshore Terminals Invest Corp (WTE): $7 058.40
WesternOne Inc. (WEQ): $2 869
First Majestic Silver Corp (FR): $1 042
Kinross Gold Corp (K): $700.64
TransCanada Corp (TRP): $1 212
Canadian National Railway Co (CNR): $5 448.60
Firm Capital Mortgage Investment Corporation (FC): $482
Enbridge Inc. (ENB): $1 298.36
Agrium Inc. (AGU): $2 525.90
Canadian Utilities Limited (CU): $1 496.46
Veresen Inc. (VSN): $939.84
Crescent Point Energy Corp (CPG): $906.84

JFT Strategies Fund (JFS.UN): $2 320
Geovencap Inc. (GOV.H): $0.40

Bombardier Inc. (BBD.B): $599.30

Heroux-Devtek Inc. (HRX): $610.50

Black Diamond Group Ltd (BDI): $750

Emera Inc. (EMA): $762.50

Cineplex Inc. (CGX): $1 101.25  

Barrick Gold Corp (ABX): $748.40

BCE Inc. (BCE): $1 012

Stella Jones Inc. (SJ): $545

Shoppers Drug Mart Corp (SC): $2 907.50

Saputo Inc. (SAP): $967.60

Canada Bread Company Ltd (CBY): $2 397.50

TOTAL: $133 583.68

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): $1 163.37
Cash: $4.12

TOTAL: $1 167.49

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): $29.91
Dumont Nickel Inc. (DNI): $86.25
Sprott Physical Silver Trust UTS (PHS.U): $1 607.63
Sprott Strategic Fixed Income Fund (SFI.UN): $355

Healthlease Properties Real Estate Investment Trust (HLP.UN): $976

Keg Royalties Income Fund (KEG.UN): $815.50

RioCan Real Estate Investment Trust (REI.UN): $865.95

Precious Metals and Mining Trust (MMP.UN): $378

Sprott Inc. (SII): $2 623.82

Chorus Aviation Inc. (CHR.B): $627.12

Data Group Inc. (DGI): $324.57

AltaGas Ltd (ALA): $1 223.10

CT Real Estate Investment Trust (CRT.UN): $1 090

Cash: $5

TOTAL: $11 007.80

RSP investment portfolio:
Sprott Canadian Equity Fund: $2 955.61
iShares Gold Bullion Fund (CGL): $3 606.46
EnCana Corporation (ECA): $2 029.90
Emera Incorporated (EMA): $7 015
Sprott Physical Silver Trust UTS (PHS.U): $535.88

Toronto-Dominion Bank (TD): $1 501.35

Barrick Gold Corp (ABX): $935.50

Stella Jones Inc. (SJ): $2 725

Telus Corp (T): $1 828

Tim Hortons (THI): $619.80
Cash: $157.57

CIBC Dividend Growth Fund: $662.54
CIBC Emerging Markets Index Fund: $315.84
CIBC Monthly Income Fund: $1 182.31

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

GIC National Bank: $1 273.68
GIC Plus TD: $500

Manulife Fidelity NorthStar GIF CAP B: $1 100.26
Manulife Simplicity Growth Portfolio: $1 046.73
Maritime Life CI Harbour Seg Fund: $1 197.03
Maritime Life Fidelity True North Seg Fund: $1 267.28
Manulife GIF MLIA B World Invest: $845.32

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

TOTAL: $37 775.67

Social Capital at Desjardins Membership share: $40 

Savings + Stocks, units, mutual funds + Tax- 
free Savings account + RRSP + Online Income
($51):

$183 534.64