Greece acting like gansters crew. The no to the referendum: revolutionary or a dumb show?

I didn't post anything in quite sometime, I had been busy, got a few vacation days and now I am getting back to the usual. I had been away, but I kept an eyes on what was going on. It was with no surprise that I learn that the No had won the referendum in Greece. Its a poor country and its residents are desperately trying to the get out of hell. Imagine having to live with the fear of not being able to access to your very own money. Not to be able to withdraw money without having to face long waiting lines and, even worst - having to face the lack of available cash.

Greece debt shouldn't be erase, but I hope the Euro zone will take in consideration all of the craziness that those people have to endure. There's no way out, but a long term solution need to be taking and Greece need to make commitments and have an in deep control of their finances.

With all that activity, my non-registered portfolio is down to $128 365.67 - far from the old 135 something... I really hate it when the stock market get so volatile. There's just no way out and there' seem to be no proper way to do things, no investment seem to be stable and strong enough to face the eventuality of a stock market crash.

The strangest thing ever is to actually have money, but the problem is: in what to invest in, is now a good time to buy? At this point, in the hot summer heat, after a cold winter, I do not really care and the strangest thing ever is actually not doing nothing with my money, for the really first time of my life. Like a big f off to the whole universe.

The Dividend Girl is about to turn into a Quebecker. What???!!! DAMN.

Even after now 3 years that I am back in Quebec, I still had my New Brunswick health card. I didn't want to get a Quebec one. My reason was that I don't need any cheap Quebec doctor to take care of me, I am never sick, I am not in need of any health care. I am invincible. We all know that of course. However, a few weeks ago, I decided it was time to get my Quebec health card, even it was only to cover my ass in case of an emergency, in case an accident arrive or something. Or in case I become pregnant. LOL. I tried to be intelligent, I place a call, said I arrived in Quebec in April (whatever!), got the form and than I went to a CLSC to depose the papers and it was about it.

Its the step I didn't want to make because it kind of make of me a Quebecker now and I am not too proud about that, but I needed to be practical so here am I. I definitely needed a Quebec health care because I am way too far away from my hometown now. Its just an administrative thing, its not because I will soon be holding a Quebec health card that I considered myself a Quebecker. A wild thing like me is way too smart to be define as a Quebecker.

I think the tragedy of my entire existence is not able to get what I want, not to do what I want and not to live where I really want. It a life I have no control on. My other lives must had been very bad because this one really suck so far.

Still bitching like always sexy, but I have to say, Montreal turn to be a magical place during summer time. I went to many free concert during the Francopholies and took many videos like this one that I will soon post, but it take forever to download. Ok, so enjoy this first one - but just prepare to change position at one point.

This was Radio Radio. They open the Francopholies of Montreal this year. We'll talk about money in another post sometime.

This blog title could had been: How to deal with the volatility of stock market without too much pain? Do it with a ganster spirit

I don't know if Greece situation will ever get better. With all those millions and millions of dollars won, where are they going to find the money to pay back - especially now. And I don't understand why the FMI let Greece go so down so badly. In fact, that so call organization is not capable to prevent crisis, it only deal with shit once its obvious that there is a problem somewhere... Anyway, if you want my in deep and very honest opinion, we cannot change the world, but we can certainly play things on our favor. Fact is, small investors are sometime way smarter than any government.We prove that we can do a lot with the little money we earn every single day.

One of the hardest thing to deal while investing is how to deal with such shit. Each time, my portfolio survive, but this is no fun. One of the most scary thing ever is when that nuclear thing happen in Japan. My opinion was that the stock market - mine - the Canadian one - was going to go down badly, but it didn't. So try to understand that shitty place that is the stock market - your going to turn crazy. I stop a long time ago trying to understand anything related to the stock market and this is why I am still on the run.

The honest answer to that wonderful question: How to deal with stock market shit without too much pain? - IS: DON'T GIVE A DAMN. Do your nails, have your coloration done, exercise, do something, move on, BUT CERTAINLY, DO NOT sell anything.

Et voilà. That is how to deal with market shit. :-)

Taking a good breath might help as well.

Currently, my non-registered portfolio is down to $128 876.57. Unfortunately, when the TSX go down, my portfolio take a hit and its a pain each time. I have a left margin value of $13 705.45, which is not to bad, but I am far from the usual 17k. I need to keep track of the situation just to watch out because in my case, I have a margin. And since I don't plan to pay back my $66 000 margin debt anytime soon, I need to watch what is going on, because in result, my portfolio value go down, as well as the value.

In 10 years from now, I hope that I will be able to look back and say, all that worth it after all. It still worth it in the meantime. I am pretty sure that my net worth still exceed the $100 000. I didn't do too badly. But I could had done certainly better, that's for sure. And its the reason why I am doing my best to stay in control of money. My newest investment in Brookfield Infrastructure Partners L.P. (BIP.UN) done well so far, I gain a 1.22% on the money already. I love when a new invest grow quickly like that. I am after all a pretty smart chick. And I am turning 35 in August!!!!

** DRAMA**

Other than looking myself carefully in the mirror each day, just like usual, I am still questioning myself on what will be my next investment and I have a pretty good idea. Once again, I will do just like Derek Foster. This one won't bring in the immediate a lot of dividend cash, but since the game is to invest for better tomorrows, maybe Canadian National Railway Company (CNR) is a good investment move. I am a fan of that stock. I made thousands on CNR inside my non-registered portfolio. Can I make possibly a thousands more on the stock? Probably. I didn't see CNR trading so  low in a very long time. I still have contribution room left in my TFSA, I feel this could be a good fit.

Life is really only about money

I guess you all wonder what meant the allusion to "Redwood City" in that post. I had been approached by an organization located in Redwood City. Someone from their social media team approached me, asking a few questions, which result in that post. And following what, the representative came back to me asking to add a link in my post to their free online calculator. I explain I could do so with a monetary compensation, but no cash had been offered. Sorry, but I don't sell myself for free. 

Fact is, the world of personal finance is a super HUGE business and its good business niche. Its not for nothing that a guy behind PayPal is the CEO of that X organization that I won't ever publicize for free on this blog because on my blog, I am the only star.

The TSX is doing doing very well lately and in result, I had lost a few thousands in value.

Welcome in my TFSA portfolio Brookfield Infrastructure Partners LP (BIP.UN)!

Recently, Derek Foster invested in one of my top favorite: Canadian National Railway Company (CNR). I hold CNR in both my TFSA and non-registered account. In my non-registered account, CNR pop up to a +84 profit. I haven't been holding CNR in my TFSA account long enough to see a result., I am at -4.78% there. I agree with Derek with this new one, Canadian National Railway Company currently trade at a low value and it worth it to buy now - if possible inside your TFSA if you have any contribution room left - and hold on for many many years and just watch the capital gain going higher and higher.

I was excited to see that Derek Foster is finally getting back into Canadian stock, but unfortunately, CNR is nothing new to me, thanks to Susan Brunner. So I had been checking around for a new stock. Despite having a few thousands at my disposal since Glendel disappeared from the Canadian stock market, I haven't invested a penny, which is very unusual. At my early beginning, it was easier to invest because I wasn't holding nothing. But after investing for a few years now, it became harder and harder to invest. One reason being that I already hold many good stocks. And another reason is that I want to make sure I am making the best investing moves. 

As for the best investing move, nothing is never sure. However, I am always confident of all my investment choices and I never have any doubt when I decided to finally make that next investment. Another extraordinary life moment happen today when, after a couple of days, not to say a couple of weeks, I decided it was time to buy something new for my already very good looking portfolio.

I decided to invest in Brookfield Infrastructure Partners LP (BIP.UN). This new investment bring my annual dividend income to $6 201 and 92 cents (and I am not counting here my RRSP dividend because they are out of reach). Another cool investment could had been Canadian Imperial Bank of Commerce (CM), but at this time, I found CM not cheap at all and since its more expensive, I decided to go with BIP.UN for now. My order will go on tomorrow morning.

Can dividend income help you take control of your money and life? In Redwood City, money means everything

It is now that I will be turning 35 in August that I realized that money never been a very fundamental part of my life. Yes, I am what you could considered a financial blogger, I do care about money, but not to point where I am searching for real richness or anything technically even near. My domain address is myfirst50000.com, and its not for no reason. All I ever wanted is a $50 000 net worth, after that, the money experience could take me to whatever.

Someone came by this blog saying that the "20s are typically the perfect time to start planning for retirement, but sometimes life gets in the way." You bet! LOL. Well, to that I can only reply, that the 20s were meant to be live, and not to care a minute about a financial future, but not to jump in excessive spending either. I studied until my late twenties, but I never came across a career path or something specific that I wanted to do. I am not a very career oriented girl, and I don't care about most stuff that society around us want us to care about: flashy big house, flashy big car, fancy clothes, expensive vacations and so on. 

In my twenties, what help me the most with what I have today is making very smart choices regarding my education. Most of young people finish university and other with huge student loan debt. It barely make any sens at all to start your live so heavily handicap by already owning so much when you barely had time to live. And young people get easily stuck in the pattern. They enroll into debt because its the way things are. But the choice is always there no matter what. I stop trying to understand a long time ago.

I don't think I could be in a better financial situation now, but I don't think a lot of people will agree on that for sure.

 

My new $10 000 credit line at Canadian Imperial Bank of Commerce (CM)

I already wrote about this one, a few days ago, I received a call from a CIBC representative saying I was pre-approved for a credit line. I went to a CIBC branch to have it open. Without having to even ask for it, I got a brand new $10 000 credit line, just like that, at an interesting interest rate compare to the other credit stuff I have. The interest rate is less than 7%. Fine with me. No credit check was required, so why not. 

Glentel Inc. (GLN) is now out of my portfolio for good and doesn't exist on the TMX anymore. I had received cash for all of my GLN stocks in both my TFSA and non-registered account. And of course, like usual when I have money available, I am thinking of my next investments. Canadian Imperial Bank of Commerce (CM) itself doesn't seem as a bad choice. CM stocks are super expensive, but its yield of 4.59% is not leaving me indifferent. I am still thinking of my old crush Northland Power Inc. (NPI). Another cool stock seem to be Brookfield Infrastructure Partners LP (BIP.UN) on which Gordon Pape hugely publicized in the recent past weeks. Other than Gordon Pape, BIP.UN seems to be an interesting investment.

For now, my 2 top picks for my TFSA are: Canadian Imperial Bank of Commerce (CM) and Northland Power Inc. (NPI). I should hurry up and place my investment orders, but I didn't do nothing since received cash for my GLN shares.

I am currently waiting for my JFT Strategies Fund (JFS.UN) investment to hit on the $2 500 value so I can sell some units and bring on a $500 cash, like I did in the past. However, this is not going to happen anytime soon. I was curious to see what the investment manager of JFS.UN, First Asset Investment Management Inc. have to offer. And I find this page interesting. One of the most profitable EFT presents on that page is First Asset Morningstar National Bank Québec Index ETF (QXM). QXM is a five stars Morningstar EFT. Its management fee is only of 0.50%. Its surprising, but QXM is one that brought in most of cash since its inspection and on a one year. But when looking at the holding, I see a lot of stuff that I don't like: Yellow Pages, Dorel, Power Financial, SNC Lavalin... No thanks. I pass. NEXT.

I am not in a hurry to invest because I am not exactly sure of what I want. I cannot mess  up with my next investments. I think CM will be my next investment in my TFSA. I will announce when it will be finally done.

For June - that is tomorrow... my rent is getting increased of a $10, making it to $635. I am really not very happy about it.

Tell me how many credit cards you hold, and I will tell who you are, even if you are a cheap Tequila girl

Those Canadian banks are always ready to make money on the back of poor people. When they are not looking to increase the interest rate of your credit line for no reason like did to me RBC Royal Bank a few years ago - or even worst - they offer you credit line when you did not even ask for one. Never mind, you are pre-approve dude! Ohh yeahh. But does that make any sense at all? Nope!

Credit cards, credit lines, name them, I love them all, especially at low interest rates. I am the perfect example of the typical very nice girl next door who only have to play of her sexy lashes to have all bankers of Montreal downtown throwing money at her with all sort of credit cards and credit lines, you can barely imagine.

Here is what look my credit portfolio:

X credit card with a credit card limit:  $2 600

X credit card with a credit card limit: $7 000

X credit card with a credit card limit: $5 000

X credit line with a credit line limit: $5 000

X credit card with a credit card limit: $500

X credit line with a credit line limit: $15 000

X credit card with a credit card limit: $11 300

X credit line with a credit line limit: $10 000

Best of all, I hold an invisible debt - my margin account debt - $66 000 - doesn't appear on any credit score. Its magic. And I have $17 000 of that magic left to be spend.

I  am currently holding on to $139 000 in term of credits, which is a one thousand more than my annual income for 2014... Is it being consider normal by banks in Canada to hold the equivalent of one year of salary before taxes in credit junk? Unfortunately, yes it is. And they are the ones who need to be blame for the sometime too high level of debt hold by young people.

But this is not the worst.

No matter what is being said about Canada, our beautiful country is corrupted all around. Another example of corruption in Canada is the extreme high cost of university education. Those who decided to enroll in those extremely expensive learning programs can only be a bunch of dummies. Still, its completely immoral to see that happening. University staff are just as corrupted as Stephen Harper government

Education is out of reach, and employment is out of reach too... We lost thousands and thousands of job in April. But during that time university staff keep their big paycheque deep inside their pockets.

Another matter of corruption is the too high cost of housing - especially in cities like Vancouver and Toronto. And guess who make huge bucks from that type of corruption? Banks. The same bank that is now offering me a credit line at less than 7% is also highly involved in the mortgage market.

I have an annual income salary of less than 60k, I have a net worth less than 200k, but no matter what, the Canadian Imperial Bank Of Commerce had approved me for a credit line... Don't you see that there's something wrong here? I would like to see Canada being on top of everything but here like in too many places worldwide, our system is all fuck up. We are not better. And I am a credit junkie.

I am getting the star treatment at CIBC

A couple of weeks ago, if you remembered, I had received a call from a representative of RBC Royal Bank, asking me to review my account with them. I declined their offer because a few years ago, for no reason at all - and no sign of change with the prime rate - RBC decided to increase the interest rate of a credit line that I had with them and that I was using. I only had a small balance and had several thousands in investment with RBC Royal Bank at the time, but no matter what, a decision was made to increase the interest rate. And in result of course, as you may already know the story, I sold all of the investments I had with the no class bastards and I quickly paid of my credit line. I stop using my RBC credit line, as well as my RBC credit card. For me, RBC Royal Bank mean nothing at all, if not only shit.

I had a very bad experience with RBC Royal Bank, but fortunately enough, its not every bank in Canada that like to treat the Dividend Girl like a real piece of shit. I am not repeating myself with my old dying stories like you may think, but I am coming to it. I had received a call from a CIBC representative. That one wanted to give me a credit line at a very low interest rate, something like 6.25%. So I told myself, why not? After that, my idea is to withdraw all of the credit I hold, all of the credit lines and credit cards I have, put the cash in a suitcase and fly to the in deep jungle of Vietnam where no one could find me. Of course, this is a joke, but... LOL.

I want to take advantage of the CIBC offers just to show off. After all, it won't cost me anything and it will be there in case of needs, just like the thousands of other dollars I have in credit at my disposal. CIBC bank did the right thing, they decided to treat me like a princess and you know what, they are totally right about it.

Glentel Inc. (GLN) is no longer trading on the stock market, but the stocks still appear in my online portfolio, but with the mark of an * so I guess it mean something is pending. I had been thinking of new investments to take over the left place - and why not CIBC? After all, Canadian Imperial Bank Of Commerce (CM) pay a good 4.4% dividend yield distribution to its investor. I may invest in CM inside my non-registered portfolio. I am pretty sure that CIBC has a very good loan margin value. Maybe even 80% and I do need high margin value stock like that inside my non-registered portfolio.

And for my TFSA, to take the place of Glentel Inc. (GLN), I am still thinking. Maybe BIP.UN, but I don't know yet.

A small investor (me) facing rough choices: to save money or to invest it?

For once in a very long time, I left a $1 000 in my banking online savings account. That way, I won't have to pay and repay that $2.95 banking monthly fee. Banking fees can be really annoying, especially when you have that huge investment portfolio and have barely nothing at all in savings... The reason behind is the little money I have at my disposal, I am a small investor. I need to choose between saving and investing, and every single times, its my investor mood that win. But not this time. Investing in stocks is highly addicting.

I hope not to pay for banking fees ever again. I would like to have another 2k left in cash there just in case of needs. I don't know if banks with no monthly fee exist in Canada, but from what I know, the best checking accounts you can get is probably with Desjardins - or like I have - with the Caisse populaire acadienne, the best checking account for the fee. Having still my banking account in New Brunswick is my way to stay somewhat connected and to give a bit of my business to my homeland.

In 2 days, Glentel Inc. (GLN) will be acquired by BCE and I will be cashing in some $$$. This will leave me with a bit more than 2k inside my TFSA to reinvest. I am facing the same dilemma that one of my reader who asked by email what could be good investments for a TFSA. At first, I was thinking about investing - again - in the JFT Strategies Fund (JFS.UN). The fund performs well, no doubt about it, but its not a dividend payer in a regular basis and believe it or not, I need cash.

So I am now in the same situation that my reader, I am looking for a good growth dividend stock that will pay me a nice income to add up to my current dividend distribution. And when you already hold everything that I could imagines as good investment, its not easy to make a choice. I am searching for a grandpa stock - really save even if nothing is save when it come to stock - and a 4% dividend yield.

Currently, Bank of Montreal (BMO) with its 4.137% dividend yield could be a good stock pick.

Finally getting rid of Glentel Inc. (GLN) in my non-registered and TFSA portfolios

"FINALLY" is by far the most perfect word. I am too often an impulsive investor. But I only hope to become better while aging. After all, this hot chick will be turning 35 sometime in August. I like to invest in whatever announced a special dividend like the cutest rabbit. I invest in whatever BEFORE a stock split announcement, acquisitions... I adore. Nice, but sometime, following an announcement, it take a long time before a deal is being closed. And its been the case with Glentel Inc. (GLN). However, on May 20, the deal is supposed to be closed. I should received my money soon, May 20 if I got it right. I will be cashing in close to 4k.

This is very good news because I had enough of holding Glentel Inc. (GLN) in my TFSA and non-registered portfolio. In my non-registered portfolio, the sell of GLN will help to decrease my margin usage. As for the TFSA, the money will be reinvest. In what? I don't know yet.

Good Canadian dividend payers are common, its just a matter of doing the right pick.

A smart choice for investors: The North West Company Inc. (NWC)

Lou Schizas recently review a stock that I own, The North West Company Inc. (NWC), and the review is quite positive. So if you are looking for a great company that pay a decent dividend, NWC could be the right pick for you.

I had been holding JFT Strategies Fund (JFS.UN) in my portfolio since its early beginning and for this investment, I had decided to sell of some shares as soon as I hit on the $510 in profit. I had been able to successfully sell off some units at $510 one time since I had been holding JFS.UN. And I am patiently waiting for the second time. With the summer coming in a hurry, it would be nice to have a few hundreds extra to cover my expenses. I would be more in need of a 2k rather than just a $500, but hey, its how it goes. Currently, I am at $230 in profit with my JFT Strategies Fund (JFS.UN) investment. It shouldn't be

I still have a $19 000 in TFSA contribution room left, which is a shame. I selected a few stocks that I hold inside my non-registered portfolio that I can use for a contribution in kind for my TFSA. They are: 

 Black Diamond Group Ltd (BDI)

Toronto-Dominion Bank (TD)

TMX Group Inc. (X)

Crescent Point Energy Corp (CPG)

Emera Inc. (EMA)

After that, I don't see any other investments that I could switch over to my TFSA - so I will be getting a break from contribution in kind. And maybe a break from investment. With summer coming in, my expenses went up - on all kind of stuff from clothes to sunscreen and so on. CIBC Visa had sent me a 0% percent credit card balance transfer offer - but there's a catch - a 1%. However, I don't want to increase my debt level and I plan to slow down on my expenses for a little while. After all those years of investment after investment and more and more stock purchases, I am no longer the extra efficient saver that I used to be. I guess Quebec corrupted me. But in a way, my purchases were most of them needed, t-shirts and just a few summer clothes. A new pair of running shoes because the old ones gave me blisters - I have the most sensible feet of the word. What else can I say? could I really say no to a new mascara? NO.

Anyway, my next big thing is to save a $1 000 in my banking account. I never leave any balance in there and for a change, I would like to leave a little something so my banking fee will be free. Its kind of funny to switch from investing to saving. I hold close to $150 000 in net worth, but this girl have nothing that stay in her banking account. Emergency fund is not my style either way, but it's fully needed. Its not because I hold a stock portfolio that I don't need an emergency fund. I would like even a $2 to $5 000 to cover myself in case of need. 

Its about all I need right now, a bit more cash for savings.

RBC Royal Bank: stay away from these idiots

A few days ago, I received a call from an RBC Royal Bank representative. It was regarding that letter I received from them, saying that they wanted to review my account with them. Three years ago, RBC decided - over no reason - to increase the interest rate on my credit lines. At that time, I had a small balance on the credit line. Bank of Canada did not increase its prime rate in the past probably 5 years if not more. But no matter what, RBC Royal Bank came with that idea to increase the interest rate on my credit line, and that being for no reason at all. I was always paying the credit line on time. 

Also at the time, I had several thousands invested in different RBC mutual funds. So why in the world RBC target me for an increased of a credit line that I had been holding for several years now? I try to get that decision reversed. I visit my RBC Royal Bank, I call RBC, but nothing move in my favor.

Oh yeah? Really? Treating my like a shit slave did not serve any of RBC Royal Bank interests because I had decided to stop using my RBC credit line - I pay it off as quickly as possible. As for the mutual funds invested, I sold them and got the money transferred at TD Waterhouse. That was my answer to RBC Royal Bank. You don't need to treat like shit an honest worker for no reason at all. Especially knowing that there's been no increase to the prime rate. This was only made so that their CEO can touch his millions in annual salary.

I was very very upset to received a call from RBC representative asking me to review my assets with them. I didn't close the credit line neither the credit card that I hold with them because that would had affected in a bad way my credit score. So I kept everything open, but don't ever expect me as a RBC Royal Bank customer EVER never again for the rest of my living life. There you go sexy bitch!

Its really important to fight on until your last breath and no let anyone take out your dignity. In other words, do it like a Dividend Girl and FIGHT on.

A good reason not to vote for Stephen Harper and his blue clowns: Omar Khadr persecution

I never been able to understand clearly what had happened to Omar Khadr. I read the big lines of the story, but I never understood how a child soldier could had been put away for so long and the most disturbing thing: how and why was Omar Khadr put in prison for so long. But today, everything been clear up and Omar was released, under strict conditions, but release, at least. And during all that time, Stephen Harper and his bunch of blue clowns had publicly fight against the liberation of Omar Khadr. And its specifically why I won't be voting for Stephen Harper at the next federal elections. Just like at the last elections, I will vote for NPD. 

Was it already 4 years ago - I don't know - but at the last federal elections, I also vote for NPD. At that time, my vote was a strategic vote to quick out Duceppe and his Bloc whatever Quebecois. And this time, my vote will be a politic vote. I have enough of Stephen Harper. He's too arrogant and doesn't have strong community values.

I hope Canadians will wake up. Its the only way to give to this country another turn, another strong leadership, a government that will act with dignity on behalf and for its citizens.

Omar Khadr now live with his lawyer and its been said at the news that he'd pass 13 years away. I never understood how a child soldier could had spent so many years away in prison, and I don't have anything left for Stephen Harper and his Tories.

Alex Colville, a Maritime proud is exposed at the National Gallery of Canada

We are now in May. Its unbelievable, but we are in May. And in May, we'll be celebrating an holiday: the birthday of the Queen! The timing is perfect. I haven't go to Ottawa in a while. There's something exceptional going on in Ottawa right now. There's always great art show at the National Gallery of Canada, but this time, you'll all going to be very excited as a true Maritime jewel is being exposed. He wasn't born in Nova Scotia, but did his studies in New Brunswick and spent most of his life in Nova Scotia.

Prepare to discover the enigmatic world of one the most marvelous Canadian painter: Alex Colville. His painting style is very unique, minimalist, pure. And his mise en scènes are totally mysterious, extraordinary, with a lot of character and greatly inspired by the Maritime. We had inspired a very great painter. On the art scene, there's no one like Alex Colville. You can only dream of being Mr. Colville. One of a few genius of art that died just a few years ago, at a venerable age, but couldn't be possible to push away the death arrow for the ones like that. I adore Alex Colville. So you'll understand that I am very excited. I am very curious about the exhibition and cannot wait to see it. This is going to be fun!

The great thing is that Ottawa its only at 2 hours away from Montreal. No need to spend money on an hotel room (budget stretching still on no matter what, you are going to understand why soon).

If my calculations are correct, my net worth is probably around $143 000 right now. So close to the 150k! I am really not missing much at all. I used to read a blog name Fabulously Broke. I do still read from time to time but it is not as much interesting as she doesn't personally write on her blog anymore. And she's not a fanatic of the stock market. She had 155k in net worth, 4 years ago. She was a consulting - so making way much money than be, but I am following. Its just all very logical. 50k, 100k, and after 150k, and 200k, 250k, 300k... I am lucky, I may be able to reach the $200 000 net work by the time I am 40, and even maybe 250k. I don't know how much can cost a painting of Alex Colville, but it must be pretty expensive.

Very recently, Lou Schizas had reviewed a stock on which I made a small fortune on. They're some stocks like that who are the rock on my portfolio, stocks that I bought at cheap price, but became massive! And years ago, under the suggestion of Jean-François Tardif who had gave a positive BUY for this baby, I had invested in Premium Brands Holdings Corporation (PBH). Jean-François won an investing price from the Globe and Mail for that pick. When you really think about it, the goof pick, the best decisions had the power to make you a millionaire! I am smart enough to follow Tardif in his every moves and it only paid off so far. Lou review of PBH is pretty much all positive. I don't believe in any downturn anytime soon for PBH but my impulse is sometime wrong. In his next article, Lou is going to review another stock that I hold, another Maritime proud: The North West Company Inc. (NWC).

Other than that, beautiful day in Montreal, got to get ready and go outside.

Welcome in my TFSA portfolio Brookfield Renewable Energy Partners LP (BEP.UN)!

If I would had enough money, I would had invested in both Brookfield Renewable Energy Partners LP (BEP.UN) and Northland Power Inc. (NPI). But since a choice need to be made, I selected BEP.UN. BEP.UN win over my simply way of selecting stocks.

Today, I also collect the money from my sell of my Sprott Canadian Equity Fund units.It wasn't a difficult choice, but it wasn't a fun one either way. In the sell process, I lost $3 609.15. I have collected a bit more than 3k from the sale. I had no idea what to do with that money, so I reinvested it all in the JFT Strategies Fund (JFS.UN). It seem like a good option. I wasn't for sure going to invest in RBC Royal Bank (RY)! No way. Story short, I now hold JFS.UN in both my non-registered and RRSP portfolio.

I decided to say goodbye to Sprott Canadian Equity Fund inside my RRSP portfolio because since 2008, the fund had never been able to recover from the 2008 stock crash. Recently, the Sprott Energy Fund manage by Eric Nuttall featured in the Financial Post. I talked about this article previously, mostly because everything involving Sprott flash me straight in the eyes. I don't know if the author of the article was giving money by Sprott Asset Management because a wrong perception is being giving of the fund. Jonathan Ratner wrote an article that "sell" very well the Sprott Energy Fund. I wouldn't be surprised to learn that Eric Sprott is buying journalists in order to promote himself and his businesses. But that is worthless because there will always be out there smart bloggers who are able to see after facts and give their own and honest opinion about what's going on.

The article of Jonathan Ratner start with this punch line: "Welcome in my TFSA portfolio Brookfield Renewable Energy Partners LP (BEP.UN)! Eric Nuttall’s Sprott Energy Fund has gained 16% this year, making it the sector’s top performer in Canada." Ok, well dummy, if you had invested in the Sprott Energy Fund before or way before the 2008 stock market crash, you wouldn't be sitting on a 16% gain, but on several thousands of money lost. 

Most financial journalists like Jonathan Ratner - if you can name that "journalist" - are really not deep thinker. Its a propaganda article. That poor Eric Nuttall might think of himself like he's doing a good job, but it is truly not the case.

Express investment portfolio Spring cleaning

The sky is grey in Montreal and its been like that for the past couple days. So while its not appealing to be outside, I stay inside, count my every single pennies and I try to figure out what I can to improve my situation in a way or another.

The first step was an easy: I needed to take advantage of the $20 000+ contribution room available inside my TFSA. I had called TD Waterhouse this past weekend but the broker couldn't take any orders for the TFSA. Anyway, I called today and I proceed with two contribution in kind. I had two investments hold inside my non-registered portfolio and got them transferred to my TFSA. Those investments are: Laurentian Bank of Canada (LB) and The North West Company Inc. (NWC).

I also proceed with a $1 120 cash contribution for my TFSA. This is for my next investment move. Yesterday, I announced that my next investment will be in Northland Power Inc. (NPI). I received a comment from a reader suggesting Brookfield Renewable Energy Partners L.P. (BEP.UN) and  Brookfield Infrastructure Partners L.P. (BIP.UN) as investment. BEP.UN seem to be stronger than NPI and I have to say, BEP.UN appears a bit more appealing. I am still thinking as the money is getting transferred into my TFSA.

Another thing I did is to set up back a DRIP inside my non-registered and TFSA account. I never had a DRIP in my TFSA, but I had, back in the old days, a DRIP in my non-registered portfolio. What will be able to DRIP and reinvestment will be. EIF, PBH, JE and some other stocks will DRIP, some won't, because the amount earn in dividend is too low. I registered to a DRIP so that way, I will be more on a strict budget. I am spending too much these days and I came with this little trick to reduce the money I have at my disposal. I had a DRIP inside my RRSP since the start.

And finally but not the least, I had place a sell order for all of the units I hold of Sprott Canadian Equity Fund. I cannot wait to get ride of this investment. Every single investments I had been holding of Eric Sprott had turned into complete disaster. The money collect will be reinvested, probably in JFS.UN. I cannot wait.

His name is not Eric Sprott, but Eric Nuttall

In my investment life, Sprott Inc. (SII) was the first stock I ever bought. At that time, Eric Sprott was everywhere, Jean-François Tardif was shaking up the market with the hedge fund he was managing at Sprott Asset Management. With all that, the Dividend Girl couldn't do better than just go in and invest in everything that Eric Sprott was talking about.

And among those investments, I had invested, several years ago, in the Sprott Canadian Equity Fund. Back in the days, I couldn't invested in Jean-François Tardif hedge fund because the minimum required was $100 000. At the time, the Sprott Canadian Equity Fund was performing very well, it had a good history chart and well, so investing in the the Sprott Canadian Equity Fund inside my RRSP seemed to be the thing to do. Unfortunately, shortly after, the stock market crash deeply (2008) and the the Sprott Canadian Equity Fund haven't been able to fully recover the crash. In such market instability, the fund couldn't perfom and still can't.

I invested $7 000 in total inside the the Sprott Canadian Equity Fund and that invested currently worth $3 476.98, about half of its old value... It doesn't seem to me like the Sprott Canadian Equity Fund is going to be back on track anytime soon. Is there anything I can do to fix the situation?

These days, Eric, not Eric Sprott, but Eric Nuttall is stealing the show. Eric Nuttall manage the Sprott Energy Fund. Is being said that the fund he's managing gain 16% this year, but what the article is not sating is that year to date, just like the Sprott Canadian Equity Fund, the Sprott Energy Fund never been able to recover to its old days of glory. Both Sprott Canadian Equity Fund and Sprott Energy Fund never been able to reach back their value of BEFORE the 2008 stock crash.

What does this mean? BAD MANAGEMENT. My best advice: stay away from everything related to Eric Sprott and Sprott Asset Management. In front of volatile market, Sprott guys have no idea of what they are doing.

And option would be to sell of my investment in Sprott Canadian Equity Fund and reinvest the money in the JFT Strategies Fund (JFS.UN). JFS.UN never disappointed me and I think my money could recover and I would be in a better financial position with Jean-François Tardif.

My next investment move: Northland Power Inc. (NPI)

I always knew that RBC Royal Bank was just too boring to actually be my next investment. Just recently, I received a letter from RBC asking me to call them and fix an appointment with an adviser so my situation could be reviewed regarding my credit line I have with them and my general situation. I don't understand the point of sending me such letter because that credit line is completely paid off and I do no hold any investment with them anymore.

Back in the days, when I was building my portfolio and was at a critical point, RBC sent me a letter saying that the interest rate on my credit line was getting increased. I try to get that reversed, but all of my interventions fail. Terribly insulted, in result, I sold out all of the investments I was holding with RBC Royal Bank and I quickly paid off that credit line. Now that I have a net worth closed to the 150k and no debt that can be view on my credit score, who look like a loser now? The fact that my margin account that I hold at TD Waterhouse doesn't show up on my credit score is a real turn on. All girls have their own little dirty secrets after all and I am no exception to the rule.

LOL.

Am I really going to hold the stock of one of my enemies in? Deep inside, the answer is NO.

 

RY is a grandpa stock - not an investment for a hot chick. So I keep looking around, looking, searching... Come on, I can do better! And its when that I suddenly remembered a stock that been review by Lou and I just couldn't find it. I didn't remember the company name, but I clearly remember that it was involved in wind energy. I like the clean energy sector, and that company - from what I remembered and it still the case - had a very good overall chart. The company completely recover from the 2008 stock market crash and pay a very good dividend, 6% yield, way to go.

Want to know for real what is the name of that fantastic stock? Well rock on and get very excited, RIGHT NOW, because the name of my new baby is: Northland Power Inc. (NPI). Currently at TD Waterhouse, the stock has an 8 buy rate note. However, I wouldn't recommend to invest massively in that stock, but investing just a bit in it could be a nice way to have a feet in the clean energy sector. And all decent investors should be investing in that sector.

Even if they are disgusting, I might invest one of these days in RBC. Its really sad, but that bank is very solid  and unfortunately, I need that kind of stocks in my portfolio.

As you know, I reached 205k in investment value not long ago and I had to do something to celebrate! So I went and got my first gel manicure ever and of course, I picked a nice pink color. Going for a gel manicure is something I could get really addicted to, but I find that I have as good result doing it on my on. It stay on for about a week. And talking about money, my non-registered portfolio is currently at $139 186.65, which mean that my net worth is probably lightly exceeding the 140k. I never thought it was going to happen so quickly. My domain name is myfirst50000.com - and its not for nothing. I thought it would take me forever to even just reach the 50k. Surprise, making and loosing money on the stock market is SUPER easy after all. ;-)

The TFSA contribution is not doubling, but almost

With a contribution room of now $10 000, all of the yearly saving made can go straight to the TFSA. And voilà. I am just not sure if its effective now or just on January 2016. I don't think its effective now. Its a good news for both frugal and the riches. For once, Stephen Harper is fabulous. I still have 18k available as contribution room to my TFSA. Its a shame, but I am slowly getting organized and I am investing more and more inside my TFSA.

Today, the federal budget was announced, and today, I did my citizen duty, I got my 2014 tax declaration finally done and completed. I was surprised because I have lot less than expected to pay back. I only had to pay extra something like $80 to the federal and $260 to the provincial. My income exceed the 50k in 2014. Not enormous, but still good. Anywhere after 50k is quite good.

Now that I had so little to pay in taxes, I know I can do a new investment move. So I guess I will be doing my investment in RBC tomorrow or real soon, quite real sooner than expected.

Fresh Tories getting ready to double the TFSA contribution room - or not?

I am - for once - all excited about the federal budget that will be announced tomorrow. And what if the Tories are dumb enough to actually double the contribution room the the TFSA? Ahah! Why not? Stephen Harper and his bunch of clowns are certainly idiot enough to do such thing. And it will only benefit those who - like me and maybe you - have non-registered investment and other cash to invest in a TFSA. Its terrible politic, but hey, messy country that is Canada, the rich get it all and the poor barely get enough to cover their basic needs.

I think will see the TFSA contribution room doubling only because of the upcoming election. Its an easy way for Tories to give something to Canadians. The government of Stephen Harper haven't come with much in the recent years to help the population. It came with the idea of the TFSA a few years ago and a few years more, we are seeing the TFSA contribution room doubling.

I just keep thinking: is that really enough to prove the Tories are the government that Canadians need for 4 years? Do I want to vote for Justin Trudeau who is in favor of a dope show in Canada? NOPE. Do I want Muclair and NPD? HELL NO. Do I want Stephen Harper as Prime Minister? NO NO NO!

The problem that lovely Canadians are facing now is the lack of leadership inside the country. They're currently no good leaders in Canada to support our country and I find that very sad. It also explain the low level of participation to the election.

I am in Liberal at heart, but I really don't like Justin Trudeau. I don't like the guy at all. He's not the man fit for the job.

My net worth is now of $139 599.17

I was hoping to get there soon, I knew it was coming, and it seem like I am now sitting on a $205 871.46 portfolio. Yeah! It make my little heart beat a little bit faster. My net worth is of $139 599.17. At this time, its getting really exciting because I am really not missing much to hit on the 150k net worth. But the real excitement will be once I will be sitting on the 200k net worth. That's going to be quite something. In the meantime, my $139 000 is making me happy. It took me 8 years to have that money. At least, I have more than just the first $50 000 that I so wanted 8 years ago...

The stock market had been very good to me. I haven't done very well with a few investments - like my many investments in silver and gold, but I believe in resurrection and maybe those investments will get back on their feet and grow. I did some bad investment moves, but some other went very well. AGU, BNS, MX' ENF, CU, SJ and so many more. Another stock that I did very well on and that had been reviewed recently by Susan Brunner is AltaGas Ltd (ALA). There not much good stock adviser out there. But over the years, I had been able to quickly recognize the good from the bad ones.

I made a few thousands on Derek Foster and Susan Brunner back. And not to forget Jean-François Tardif. I made several thousands by investing in his Premium Brands Holdings Corporation (PBH) - a stock for which he had positive review. And now, I am invested in JFT Strategies Fund (JFS.UN). I never believed in his retirement. Another hot guy that know what he is talking about is Lou Schizas. For amateur like myself, the ones you follow and trust will make a big positive difference in your wellness. But still, you need to have the flair. And my best advice will be to stay away from any financial advisers. I have many bad experience here in Montreal and I wouldn't like any of my readers to get ripped off. Here in Montreal, people are individualists - no matter what they say. There're so many homeless a bit everywhere in this city, its unbelievable. And there's many aboriginal people living in the street. Its like they are coming from the north, they have dark skin that make me believe that. Financial advisers are paid by commission, and sometime not only, but they have at heart their own profit, not yours. They may be good advisers out there, but they are extremely hard to find. And just check on my list. In 8 years of stock investment, I have 4 names that I follow. Not 20, not even 10. JUST 4. Be smart and stick to the best, you'll thank me later. There are just that not many people out there that you can trust.

That close to the 150k is giving me a new source of motivation to watch my expenses a bit more, but it look to me like I could get on the 150k worth soon without any other investment. In other words, I could just let it go, and do nothing more than what had been done so far. However, I doubt I will ever go that way, investing is a drug, an addiction and I cannot stay too long without doing anything at all, even if its only contribution in kind to my TFSA. My next investment move in RBC Royal Bank, I just keep thinking about it.

Not that I adore RBC Royal Bank. They had treated me like a piece of shit in the past. For no reason, they have increased the interest rate on my credit line. Since they didn't want to do nothing about it to help me, I have pay all of my debt and I have sell of the investment that I used to hold with RBC. Get that RBC! Now, the only reason why I want to invest in RBC is that I am in search of a "safe" investment, even if nothing is really 100% safe, its possible to invest in more conservative stocks and RBC is to me one of those stock. After all, if this baby is soon going to hit on the 200k net worth, I need to do something.

There's only 2 ways to see an increase in my net worth: to invest more or pay down my margin. At $66 272.29 of usage, I still have available a bit more than 20k available on it. Just to say that my 137k non-registered portfolio have a margin worth of $88 000 - a lot of sexy cash. But no problem, I won't pick on that $20 000 available, I promise. I am starting a new journey with this saving mood. I have a deep taste for makeup, skin care, anti wrinkle cream, clothes and so much more. And coffee, and tea. Beer and wine. So when you like that much of things, money can go fast. Its just a matter to switch to my old saving behavior.

In a few days from now, we'll know if our TFSA contribution will get double or not. That will be on April 21 and I cannot wait to hear about the good news that will come from that budget. Since we are in an federal election period, the timing is just perfect for the Tories to please Canadians and especially to please me.

My investment portfolio on date of April 18, 2015

Cash: $1 272.17

Non registered Investments:
Stocks and Units investment portfolio $CAN
Timminco (TIMNF): $0.49
Bank of Nova Scotia (BNS): $7 245.70 
Blue Note Mining Inc. (BLNMF): $0.05
Hanwei Energy Services (HE): $24
Methanex Corporation (MX): $6 996.79
Fortis Inc. (FTS): $4 271.71
Pembina Pipeline Corporation (PPL): $19 496.40
Just Energy Group Inc. (JE): $4 918.72
Pengrowth Energy Corporation (PGF): $966
Enbridge Income Fund Holdings Inc. (ENF): $12 810.20
Corby Distilleries Limited (CSW.A): $2 731.25
Davis + Henderson Corporation (DH): $9 026.64
Premium Brands Holdings Corporation (PBH): $13 263.42
EnCana Corporation (ECA): $3 315.52
iShares S&P/TSX Capped REIT Index (XRE): $2 678.06
Horizons Gold Yield Fund (HGY): $1 188.18
New Flyer Industries Inc. (NFI): $1 556.28
Colabor Group Inc. (GCL): $151.98
TMX Group Inc. (X): $421.44
K-Bro Linen Inc. (KBL): $5 210
Westshore Terminals Invest Corp (WTE): $6 568.80
WesternOne Inc. (WEQ): $459.80
First Majestic Silver Corp (FR): $621
Kinross Gold Corp (K): $421.29
TransCanada Corp (TRP): $1 408.50
Canadian National Railway Co (CNR): $7 307.10
Enbridge Inc. (ENB): $1 814.68
Agrium Inc. (AGU): $3 381.04
Canadian Utilities Limited (CU): $1 676.22
Crescent Point Energy Corp (CPG): $712.14
JFT Strategies Fund (JFS.UN): $2 163.99
Black Diamond Group Ltd (BDI): $391.50
Emera Inc. (EMA): $1 034
Cineplex Inc. (CGX): $1 234.50
Barrick Gold Corp (ABX): $623.20
BCE Inc. (BCE): $1 187.34
Stella Jones Inc. (SJ): $786.40
Saputo Inc. (SAP): $1 421.60
Toronto-Dominion Bank (TD): $1 114.40
Lassonde Inc. (LAS.A): $1 371.10
Loblaw Companies (L): $756.72
Lumenpulse Inc. (LMP): $725
Laurentian Bank of Canada (LB): $961.40
The North West Company Inc. (NWC): $1 254 
Glentel Inc. (GLN): $1 513.20 

TOTAL: $137 181.75

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): $993.81
Cash: $4.12

TOTAL: $997.93

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): $45.21
Dumont Nickel Inc. (DNI): $48.79
Sprott Physical Silver Trust UTS (PHS.U): $1 579.28
Sprott Strategic Fixed Income Fund (SFI.UN): $287.50
RioCan Real Estate Investment Trust (REI.UN): $1 027.60
Precious Metals and Mining Trust (MMP.UN): $360
Sprott Inc. (SII): $2 685.80
Data Group Inc. (DGI): $509.54
AltaGas Ltd (ALA): $1 249.20
CT Real Estate Investment Trust (CRT.UN): $1 256
National Bank of Canada (NA): $1 123.78
Canadian National Railway Co (CNR): $3 247.60
Glentel Inc. (GLN): $2 269.80 
Exchange Income Corporation (EIF): $4 791.64  Firm Capital Mortgage Investment Corporation (FC): $484
 
Cash: $155.60

TOTAL: $21 121.34

RSP investment portfolio:
Sprott Canadian Equity Fund: $3 476.98
iShares Gold Bullion Fund (CGL): $3 619.98
Emera Incorporated (EMA): $9 926.40
EnCana Corporation (ECA): $1 689.64
Sprott Physical Silver Trust UTS (PHS.U): $526.43
Toronto-Dominion Bank (TD): $1 671.60
Barrick Gold Corp (ABX): $779
Stella Jones Inc. (SJ): $3 932
Telus Corp (T): $2 103.50
Stantec Inc. (STN): $1 017.60
Cash: $196.36

CIBC Dividend Growth Fund: $747.66
CIBC Emerging Markets Index Fund: $362.88
CIBC Monthly Income Fund: $1 297.09 

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

GIC National Bank: $1 293.77

Manulife Fidelity NorthStar GIF CAP B: $1 133.15
Manulife Simplicity Growth Portfolio: $1 217.32
Maritime Life CI Harbour Seg Fund: $1 322.91  
Maritime Life Fidelity True North Seg Fund: $1 506.06
Manulife GIF MLIA B World Invest: $1 021.92

Great-West – various: $2 498.71
Various other mutual funds: $1 413.97
Other: $1 428.59

TOTAL: $45 263.27

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

$205 871.46

My debt situation on date of April 18, 2015

$66 272.29 at 4.25% (margin money coming from my broker account) = 

$2 816.57 in annual interest

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

Hello Théodore Chouinard-Pellerin! ;-)

I finally went for my tax declaration and on my way, I saw a Quebec "TV star", Théodore Chouinard-Pellerin of 30 Vies. In Montreal, I saw other different stars quite often. Michel Tremblay, Daniel Bélanger, Denis Coderre (if you consider ah ah), Yann Perreau, Herby Moreau, Gabriel of Radio Radio. And also Geneviève Borne, but only once on Ste-Catherine. The most exciting part is to see a star when its less expected and tonight was less expected, like I was going for my tax declaration... lol. If I wouldn't be busy on my way to go somewhere I would probably turn around and follow the poor Théodore. I guess he was meeting some friends to watch the hockey game. I did follow once Michel Tremblay and I followed him until he made it to the library. That was a few years ago already. I usually see Michel Tremblay every year at different spot on the Plateau Mont-Royal. Another time, Herby Moreau was doing bicycle with his son in the Old Montreal. And I also saw once Denis Gagnon on bicycle near his store. Its about all of the star excitement I got from Montreal. But I have to admit, tonight was a good one. And I spot Sammy right away. Exciting revelations: Théodore is quite tall white guy and look exactly the same as on TV LOL.

My non-registered portfolio closed at $137 659.27, which is a nice jump compare to the 134k-135k where it usually stand. I guess I I may be the Dividend Girl of course, but I haven't update my dividend income since the beginning of the new year. There's no specific reason, if not that I am not blogging as frequently as before. But so far for this month, my dividend income had been great. 

Currently, with a non-registered close to the 140k, I only have one concern. I had bought Glentel Inc. (GLN) several months ago, in the hope that it will get acquired by BCE, but nothing happen yet and I have to say that I cannot wait to get rid of that stock that I both hold in my TFSA and non-registered. In my non-registered, the money will go to pay down my margin and in my TFSA, it will help me to finally do my move in RBC.

Many problems had stopped me from investing lately. I am spending too much. I had to pay for my tax declaration and really soon, I will probably have to pay around $500 to $700 extra in taxes from my estimate.

Unless to see some "stars" from time to time, the live in Montreal doesn't worth it. In Quebec, salaries are outrageously tax. There's no access to health care. Education system is really poor and super expensive. I am only in Montreal by necessity, its not a choice. I forgot among the way my goals. I need to move to my old way of doing things. I used to be the most fabulous money saver of all. But no matter what, my net worth is probably around $135 000 right now. Since the beginning of the year, its not only my dividend income that I didn't update, but also my investment portfolio page. Updating my portfolio page is terribly long. Too many investments and too much money to be count. However, the exercise is always pleasant, especially when the net worth more than the expected. But will it be?

So stay tune to find out and to read again even more because its the only thing you can do to make me happy.

Another upcoming contribution in kind for my TFSA

This year, Spring had come after Easter. It felt good this weekend to but away the winter coat and boots. The weather finally changed for the best in Montreal and tomorrow is going to be even better. And during that time, trust me, I am not blogging. I just have to remember to do my tax declaration sometime.

The TSX continue to hit on the 15 000 points and it has good effect on my portfolio. My non-registered portfolio closed this past Friday session on the $136 272.57, leaving me with $19 087.87 on my margin. Usually, when it happen that I have a lot like this on my margin, I do 2 things: I invest in new stuff using that money left on my margin or I do contribution in kind from my non-registered to my TFSA portfolio.

With a portfolio and a new worth exceeding the 100k, strangely, I no longer get excited with the idea of investing using my margin money. It wasn't too long ago that I had a student loan and other debt on my back. It was a pain to pay off everything, so no way that I will go up on my margin account. Currently, I am using $66 564.32 of my margin. I am not necessary looking to pay it down, but I don't want to used more of my margin cash.

The second choice is what I usually do these days, I do contribution in kind to my TFSA. My Laurentian Bank of Canada (LB) is the investment currently in my radar that I am looking forward to switch this one over to my TFSA. I still have in mind to invest in Royal Bank once I will be ready, but no other new investment ideas have cross my mind.

Real soon, we are going to learn if the government of Stephen Harper will double the TFSA contribution amount. I think it will get double since we are in an election period.

It sad, but I am very far from loving Justin Trudeau - he doesn't have a good leadership and I don't like the individual. Not that I like more Stephen Harper, but I really don't feel it when it come to Trudeau. And forget about NPD. Its sad, but Stephen Harper is probably going to remain in power, not that I like it.

Celebrating my first million pageview!

I just came back from a quick vacation in New Brunswick. Once home, I quickly unpack my suitcase and I open my laptop to check on my precious stocks because I had no clue of what was going on with the market and for a few days, I just totally forgot that I had so much invested. The stock market didn't mean a thing. But now that I am unfortunately back in Montreal with the ugly snow, trust me, I was glad to see the TSX exceeding the 15 000 points because that mean for me a great deal of money in my portfolio.

Next best part being that I just hit the million pageviews of my blog, I am now at 1 002 027 pageviews. It quite nice that it had happened after my vacations.

So stay tune for more great news.

Getting rich is easy with DH Corp (DH)

I didn't blog in a little while, I had been busy at living stuff, but its not because I am posting nothing that I am not watching the stock market shit. Yesterday, I got scared, my non-registered portfolio was down to $124 000. What???? But that's only because there was a hold apply to my DH Corp (DH) stocks. I had purchased my DH stocks many years ago and since that time, the stock grow like crazy, showing up to the world how damn good I am. Years may pass by, but good stuff are here to stay FOREVER.

;-)

According to some analysts, DH could hit on the $45 per share... Can you imagine!!

Today, my non-registered closed on a $133 502.73, which is where it should be. I have left $16 573.03, which is very good knowing that I try to stay around 13k but the higher is the better. I am no longer investing on margin and I try to do my best not to go pick on the 16k left. $67 087.12 is what I hold in debt. I don't expect to really pay it down because the amount is too huge and I already sacrifice enough by paying my student loan and all the other debt I used to hold in my trouble past. Don't ask me where I am going, but I can say for sure that I will no longer get into debt more that I have now.

I am going on a vacation and after that, I will be doing my tax declaration and after that, I will do my best to invest in something new for my portfolio, probably RBC stocks like announced previously.

The JFT Strategies Fund is doing quite well and I am just looking to sell off a few units to get my hands on some cash, but that will not be for now. My invisible rule is to sell off each time I get a $500 in profit. I had been holding JFT in my portfolio since its initial public offering and since that time, I had made a one time $500 profit - it happen once. I hope it will happen a second time. Free cash for the summer would be fun.

Save and easy investment: Royal Bank of Canada (RY)

With the cold wither weather, my hair turn dry and when I went for an hair cut, I have them cut shorter than usual and I have problem to get use to it. It's not super short either way, but I miss my longer hair. Winter had been really rough this year, making it impossible to enjoy the weather at some points. I just started taking again some walks and stuff. Its been crazy and not a very enjoyable time.

I have a few vacation days plan ahead and I am going to happily leave this Quebec province behind for at least a few days. Life is too hard.

While Derek Foster is at home doing home schooling to his many children and writing a newsletter about it and publishing it, I for my part, I haven't invested in something new in quite a while. And since Spring is in the air, I am in the mood for new investments for my portfolio!

The idea is not new, I had my eyes on Royal Bank of Canada (RY) for quite a while. Its still on the $76 and I just have one idea, its to buy a few shares of RY while the price is still right. As always, the stock market is all mess up with a bunch of up and down. But good thing is, its a great time to buy stock for the long run. And again, it should be done inside a TFSA.

Royal Bank of Canada (RY) is an easy and simple choice. At this point, the yield is 4%. Do you know a lot of investment that pay out a 4% guarantee? Its really the way to see it. At this point, I am really amaze because I thing I have my chances to reach the $140 000 in net worth by the end of 2015. I believe in the chances. It make quite a bunch of cash.

For new investment, I also had my eyes on Progressive Waste or something like it, a Canadian stock, but Susan Brunner had a bad experience with it. Let say that its not a killer stock. I also had my eyes on Dorel, but I am very happy to not be invested in Dorel because of it current situation. One stock that I mention before and that I still have interest on today is Alimentation Couche-Tard Inc.

I had bought a new lipstick at La Baie today, Baiser Velours Nude Kiss by Lise Watier and I love the shade.

(Sorry for ending being off topic but it cannot be worst than a millionaire writing about home schooling instead of stocks. 

Cannot get enough of M. Derek Foster).

Two contributions in kind to my TFSA at TD Waterhouse

A few days ago, Derek Foster finally gave sign of life and wrote a newsletter about the TFSA, and that we should all contribute to it, that too much people do not invest inside their TFSA. Well, it happen that I am one of these people. 

To start the year 2015, I had $23 738.83 contribution room left for my TFSA.

I even have more contribution room inside my RRSP, but I no longer want to invest inside a RRSP. First of all, RRSP is complete bullshit. You get a tax credit for the year you invest in the RRSP, but 30 years later, bad surprise, heavy tax come once its being touched, so there's no real gain. And anyway, I don't want to benefit from my money when I will be old and grey and that my whole sexy body will be hurt because of gravity. I want to benefit from my money now while my body is still fresh and shining. And for that, the TFSA is the perfect tool.

We never know when a bad luck can happen, job loss, or health problem, or whatever else. And when those things happen, we need money NOW. Not later. That's one of the biggest reason why I am against the idea of investing inside a RRSP. I do invest in the RRSP with my current job, but that's all.

So today, I listen to Derek Foster and I decided to invest inside my TFSA. I did a contribution in kind of my current investments in Exchange Income Corporation (EIF) and Firm Capital Mortgage Investment Corporation (FC) that I hold inside my non-registered account.

To make a contribution in kind - that mean to take existing investments that are from a non-registered portfolio and make them transferred to a TFSA - is really easy. You just need to call your broker, tell which stock you want to transferred, give your order and in a day or two, the investment will be inside the TFSA. The broker will ask a funky question: do you want to place the transferred for the stock at its highest or lowest level value of the day? To that, I suggest to always answer the lowest because the lowest you go, the more you have left in contribution room for the TFSA. Also, if you currently experience a capital gain on the investment you want to get transferred over the TFSA, you'll pay tax on that - that's another reason why to always answer the lowest value of the day.

With EIF, I was experiencing just a few dollars gain and for FC, it was a small capital loss.

EIF had a margin value loan of more than 1k. If you have a non-registered account with a margin, you need to make sure to have enough in cash reserve inside the non-registered portfolio to take the place of that 1k value that will be soon gone.

A contribution in kind is free of charge at TD Waterhouse.

While holding a margin link to a non-registered, stuff are always complicated, but things will go smoothly if you enjoy dealing with stress and if you are good dealing with market shit.

I guess everything had been said. lol

I had applied to a job. So far, I got a phone interview. And I also did a test. No answer yet, but I believe in my chances because I prayed God to help me.

Stéphanie Grammond and Rob Carrick: two losers in war against the TFSA

Lately, so call "financial journalists" of the name of Stéphanie Grammond of La Presse and Rob Carrick of The Globe and Mail had decided to come forward and testify against the raise of the TFSA contribution limit.

I love my country because its possible, even while earning very little to hit big on the stock market. Proof is, I my non-registered portfolio is now EXCEEDING the 140k. My non-registered portfolio is now at $141 156.13. Which mean that yeah, any sexy girl and boy can make huge $$$ on our very dear Canadian market. Knowing that we have the best stock market in the world, we should take advantage of every tools available at our disposal. 

I stop caring about the RRSP long ago. At 34, I need my money now, and I need to have my money working for me now, so that SOON (not not in 31 years from oh no) I can enjoy myself and be free of any kind of salvation. And for that, the TFSA is the perfect tool. We currently can invest $5 500 per year in a TFSA. That's great. But imagine that the Tories - yeah! Stephen Haper - want to DOUBLE the amount admissible in a TFSA when our federal deficit will be paid off. It mean $11 000 per year that can be invest in a tax free way! AMAZING.

But those two losers that are Stéphanie "flop" Queen Grammond and Rob "I know it all" Carrick go public about being against the idea, saying that it will only benefit a minority, only tot he rich. Well, to that, I say,you are wrong, bad journalists!

I am a middle class Dividend Girl and I am far from being rich. However, I can very easily save 10k per year - even more. I earn thousands in dividend per year and I plan to earn many thousands more. And I am far from being rich. I guess it might be hard for a Quebecker like Stéphanie Grammond to understand this, but Canada is the land of opportunities. In Canada, its easy to save money, its easy to make money. And in Canada, we should have all of the tools available to push it.

So hell yeah, in Canada, there're too much losers in the public scene.

Dieting with Oasis NutriSolution meal replacement of Lassonde Inc. (LAS.A)

The month of March is slowly coming by and with it a better weather. This weekend temperature in Montreal allow some activities outside. With the cold weather we have this winter, I stay in more and I haven't walk as much as I regular do. So no surprise, I gain a few pounds.  There's a free public swimming pool close to where I live, but in the cold weather, I really don't feel like going swimming. I also taught of going to a gym, but I am on a budget and I really dislike the idea of spending a few hundred dollars on a gym membership - I am way smarter than that.

I used meal replacements to lose weight in the past and it work pretty well for me. I went for a walk downtown this afternoon and in my way back home, I stop by a Jean Coutu. I taught of buying some meal replacements to help me lose a few pounds while waiting for Spring to hit on. And I made an interesting discovery.

Some meal replacements taste like shit - let say it. You might not be very appeal by them. The no name brand of Shopper Drug Mart work well for me, but the taste is not very extra good, but its not disgusting. However, I discover a new meal replacement: Oasis NutriSolution. Its made with fruit juice and a few savors are available. I went with a 6 packs of wild berry at $11.99. It might feel expensive, but the product seem to be of good quality: there's no artificial flavour or colour, its gluten free and no sugar added. Each bottle of the wild berry flavor contains 230 calories - exactly what I am looking for.

When I dieting on meal replacement, I eat a normal breakfast like usual, most of the time two slice of brown bread with peanut butter. It help me stay full until 11 h. In the morning, I like to take one glass of juice to get my vitamin c for the day. And I also take a one capsule of multivitamin. 

For my day at work, I like to cut 2 apples - strangely, I don't eat apples unless they are cut in slices. I also add white mushrooms, radish all together, but I don't add any salad sauce. I also bring a one small 0% yogurt (individual portions). When I begin to feel hungry, I eat my yogurt. Later on, I will drink my meal replacement. I will eat my slices apple in the afternoon. I also like pineapple, they really help to stop the craving. I usually eat pineapple by the end of the day, to make sure I don't feel hungry while leaving work. Once home, I try not to get a heavy meal. I usually get cereal or again toasts. I walk to go to work and on my way back home. And I try to walk again in the evening. If not, I don't lose weight at all... There's unfortunately no magic trick.

And REALLY important, is to drink at least 1,5 L of water during the day - that one is hard because I am not naturally tempt to drink that much... My trick is that I make myself tea at my arrival to work and by noon, again some tea and again in the afternoon... but if I do it at least 2 times during the day, its because I tried hard.

I think the worst thing to do is not to bring lunch at work. Because than, you eat at the food court and there's plenty of salt in the food that restaurant are serving. And plenty of junk too! I am getting back on track and we'll see how it goes. I was quite please by my finding. Oasis NutriSolution is made by Lassonde Inc. (LAS.A), a company that I own inside my portfolio.

More on the JFT Strategies Fund (JFS.UN)

These days, my non-registered account is performing well these days. I closed the day at $140 687. I now have closed to $190 000 investment at TD Waterhouse. It begin to make a lot of money invested in the same spot. For that reason, I think I will apply to a RBC trading account.

Currently, RBC have that promotion, 22 free trades - or something like it - for a year. Its a great promotion. Not that I don't trust TD Waterhouse no more, its just a matter of not having too much at the same spot, in case some problems happen, like any kind of problem you can imagine of. Fraud or really anything else. 

Because if something happen at TD Waterhouse let say, and that all of my investments are made there, well, it would be quite of a stressful situation. I really think that having more than one broker account is a good precaution to have. So far, nothing happen to me at TD Waterhouse, but seeing my going slowly going up to the $200 000, its like gees, how that happen? The amount begin to be outrageously big and I don't like that.

I am probably going to open a broking account at RBC, but with that one, I won't open a margin account because we all know what happen when a girl have too much money.

Jean-François Tardif is really quiet these days so I am going to speak for him. The JFT Strategies Fund (JFS.UN) is doing as well as my portfolio these days :-) Good job Tardif.

I am now debt free

Or almost... I had paid off my CIBC Visa and BMO MasterCard. I no longer have any student debt or any credit card debt what so ever... The only debt I have is invisible. It doesn't appear on my credit score. So what is that debt? Its my margin. Even if I have a margin debt of $68 282.49, it doesn't appear ANYWHERE. And banks just keep sending credit card balance offer over and over again. It took me such a long time to pay off my debt, its not anytime soon that will enroll in a loan or any kind of debt.

Eventually, I would like to see my margin usage go under the 60k. I hold Glentel Inc. (GLN) inside my TFSA and non-registered account. Since BCE acquisition of Glentel had been approved, very soon, I should have some new cash flow.

At less than $80 per share, Royal Bank of Canada (RY) look pretty attractive. I am surprise to see that even with a TSX at 15 000 points up, RY still trade way below the $80 per share.

I am watching my expenses, like I watch movies here instead of paying $12.99 to go and I didn't purchase new clothes in a little while. And I am trying not to spend too much. My non-registered portfolio close the day at $139 904.77. Can I make it at $140 000 by the end of the week? I hope so.

Canadian National Railway Company (CNR) is paying a treat to investors

That's quite nice, Canadian National Railway Company (CNR) had increased its dividend by 25%.

And its not the only fantastic news. My non-registered portfolio closed today session at $139 408.14. I could barely believe. I hold CNR in both my TFSA and non-registered portfolio and watch out the fantastic gain. Back in October 2014, I had invested in CNR and since that time, I made more than $300 in capital gain, a 10% gain.

I was disappointed to see my precious Exchange Income Corporation (EIF) down, but its part of the game. This one is a bit more volatile. The TSX gain a few points, but no matter what, Royal Bank of Canada (RY) is also down. At this point, RY appears to be attracting.

I find it quite hilarious to read over the Internet that a household that make $120 000 is being considered "middle" class. That is certainly not a middle class history... If would make 120k a year, I would be rich, not part of the middle class. But that's where we stand. Under the Tories of Stephen Harper, a Canadian middle class salary is $120 000. Really? Will I really have to vote for Justin Trudeau for Prime Minister? Hell no.

Shake up Tories, don't make me vote for a damn Quebecker. PLEASE.

Good profit on the TSX, but for how long

Once again, its terribly cold in Montreal and New York, Boston and part of the Maritime are soon getting a heavy storm. 

My non-registered portfolio closed today session on a nice $139 515.04. I even have a left-over of $16 550.19 on my margin. I was quite surprise to have my non-registered value so high. I guess Bank of Canada rate cut of 0.25%  might play in something.

I had came with a little money plan and by the end of February, I will have my CIBC Visa and BMO MasterCard paid off. I only have left $720.85 balance on my CIBC Visa and a $1 087.39 on my BMO. Not huge amount, but it's required me a lot of effort to pay it all down. But by the end of February, it will be thing done. And by the end of March, I will have something I haven't have in a very very long time: money in the bank! I plan to leave in a 1k in my bank account to cover, at least, my monthly banking fee.

With a rate cut and multiple promotional credit card balance flying by to me, it would be quite tempting to do the exact opposite. In time like now, we could thing its the best time ever to borrow to invest, but I don't think so. There's too many people loosing their jobs. Target is closing, Mexx no longer exist (I got my hands on a Mexx purse as a souvenir...), Jacob had closed most of its store, Sony is about to close its few stores... I always found that Target was too much in the landscape. There's just too many stores out there and all those closing all came up naturally. I went to Target a few times, but it never became my favorite shopping spot. Its just sad because thousands are going to lose their jobs and I doubt that there're going to all be relocated to... Sears...

We live in a strange word were we combat terrorist by saying we defend the freedom of speech. All of the I am Charlie is all bullshit. We never live in a more depress, individualist word. A newspaper as Charlie Hebdo who published very disgusting cartoons against not only Mahomet, but Christianity  - in the name of freedom of speech - well, you know what? I am not Charlie and at the end, those journalists had what they deserved. Anyone who make fun of religion should prepare to die in horrible ways. That's is my freedom of speech. I am certainly not a Charlie asshole. I am the Dividend Girl.