What a 7 128.01$ in dividend earning can change in my life

In my previous post, I announced changes that I plan to make in my investment portfolio. Following those changes, I will be earning a 7 128.01$ in dividend (outside RRSP), for an equivalent of 594$ per month. No big deal, you might think... well, yeah, its a big big deal!

To help you understand the reason of the deal, we'll review my budgeting planning. Here's my monthly budget:

Rent: 555$
Minimum payment required on retirement savings plans loan: 111$
Minimum payment required on credit line 1: 100$
Student loan debt consolidation: 98$
Minimum payment required on credit line 2 (interest only line of credit): 70$
Minimum payment required on credit card balance transfer offer at 4.9%: 44$
Internet: 51$
Banking fees: 6$
TOTAL: 1 035$

To the 1 035$, I will add the minimum of the minimum required for food... 250$

1 035$ + 250$ = 1 285$ - the 100$ payment required on credit line 1 (renewable credit extremely renewable from a month to another...)

= 1 185$

1 185$ - 594$ (dividend)
= 591$

What mean that 591$? It's the 591$ that I missing to be able to live from my dividend! This mean I could work only part-time at my weekend job and I could be able to make a living, working only 2 days a week. Of course, nothing of this will happen anytime soon, but I just wanted to illustrate the reason why this 7 128.01$ in dividend income is important.

Interesting, but its not anytime soon that I will be quitting my daytime job.

I am now at 144 709.79$

I had been quite busy lately with my online stock investing! I am please with the recent changes made to my online stock investment through my online future trading broker. The latest changes include the sell of 100 stocks of Bank of Nova Scotia (BNS). This trade bring in 5 674.01$ in cash. I still own 207 stocks of Bank of Nova Scotia (BNS). The goal was to invest in high dividend payer companies. Bank of Nova Scotia (BNS) is a good company (its a Derek Foster stock) to hold inside an online investment portfolio, but it only provide a dividend yield of 3.499%. I hold a lot of debt and, at this point, its a I pay off my debt or I invest in higher dividend companies situation. I don't have any debt management plans at this time.

Because I don't plan to pay off debt anytime soon, I decide to reinvest the 5 674.01$ into 3 super dividend stock funds: Superior Plus Corp. (SPB), New Flyer Industries Inc. (NFI.UN) and Financial 15 Split Corp. (FTN).

And here's now my dividend income from my online stock investment:

Non registered Investments:
Stocks and Units online investment portfolio
Sprott Inc. (SII): 102$ + special dividend of 60 cents for 520 stocks of Sprott Inc. (SII): 414$
Bank of Nova Scotia (BNS): 405.72$
Methanex Corporation (MX): 63.86$
Fortis (FTS): 124.12$
Pembina Pipeline Corporation (PPL): 675.48$
Just Energy Group Inc. (JE): 949.25$ + special dividend of 20 cents (the special dividend of JE haven't been declared yet, but it will probably be of at least 20 cents) = 1 102.85$
Yellow Media Inc. (YLO): 311.04$
Bell Aliant Inc. (BA): 385.70$
Pengrowth Energy Corporation (PGF): 179.76$
Enbridge Income Fund Holdings Inc. (ENF): 369.79$
Corby Distilleries Limited (CDL.A): 113.12$
Davis + Henderson Corporation (DH): 370.87$
Premium Brands Holdings Corporation (PBH): 244.61$
EnCana Corporation (ECA): 160.80$
iShares S&P/TSX Capped REIT Index (XRE): 112.73$
Horizons Gold Yield Fund (HGY.UN): 130$
Canfor Pulp Products Inc. (CFX): 140$
Superior Plus Corp. (SPB): 324$
New Flyer Industries Inc. (NFI.UN): 234$
Financial 15 Split Corp. (FTN): 150.84$

TOTAL: 6 013.29$

Tax free savings account (TFSA):
EnerCare Inc. (ECI): 277.34$

TOTAL: 277.34$

Retirement investing:
EnCana Corporation (ECA): 80$
Emera Incorporated (EMA): 267.80$

TOTAL: 347.80$

OVERALL TOTAL: 6 638.43$

At this point, my dividend income largely cover the interest of my debt:

Online stock investment dividend income 6 638.43$ - interest own on debt 3 227.71$
= 3 410.72$

It's a reason why I am not very plug into paying debt. Dealing with debt is not a problem for me. I could hold 100k in debt that it wouldn't be bothering me, as long I can make the minimum payment required on the loan and as long my dividend income exceed the interest own on debt.

Anyhow, this past week, several changes happen in my online investment portfolio and it's not even over yet! 6 638.43$ in dividend? NOT ENOUGH! This past week, I had sell stock online, 100 stocks of Bank of Nova Scotia (BNS).

Watch out: whenever the market will be good, I plan again to sell stock online. I will be selling another 100 stocks of Bank of Nova Scotia (BNS). I should be able to earn around 5 700$. And again, I plan to reinvest the money is higher dividend payers.

I won't sell all of my BNS stocks. I plan to keep the original 100 stocks I invested back in the time. But all exceeding stocks of Bank of Nova Scotia (BNS) WILL BE SELL.

Also, I plan to sell the extra 500 stocks of Sprott Inc. (SII) that I currently hold to simply keep the 520 stocks. Back in 2008, Sprott Inc. (SII) was my very first online stock investment. I don't plan to sell my original investment in Sprott. It's a keep it for life investment kind of type. Because it was my first one. I had been a long time investor of RBC O’Shaughnessy Canadian Equity Fund. I won units of RBC O’Shaughnessy Canadian Equity Fund inside my Tax-free savings account (TFSA). The fund is good, but its not an extra performer and I have enough. I plan to sell my RBC O’Shaughnessy Canadian Equity Fund units, and cash the money outside my TFSA. Which mean I plan to withdraw 3 000$ from my TFSA. The money will be deposit in my non registered Canadian online future trading brokerage account. And you know what we'll be doing with it? Buy stock online through online stock investing! Again!

This is all very nice of course, but in which company do I plan to invest in? All combine together, those 3 sells will bring 13 100$ in fresh cash, cash available immediately for online stock investing. The cash will to go were it belong: the Toronto stock exchange market.

Here's how I plan to reinvest the money in my online broker day trading:

100 stocks of Exchange Income Corporation (EIF) for an approximate value of 2 000$
Dividend yield: 7.907%
Dividend income: 156$

300 stocks of Rogers Sugar Inc. (RSI) for an approximate value of 1 638$
Dividend yield: 8.424%
Dividend income: 136.80$

200 stocks of Colabor Group Inc. (GCL) for an approximate value of 2 392$
Dividend yield: 9%
Dividend income: 215.20$

100 stocks of Capital Power Income L.P. (CPA.UN) for an approximate value of 1 937$
Dividend yield: 9.30%
Dividend income: 176$

200 stocks of Veresen Inc. (VSN) for an approximate value of 2 566$
Dividend yield: 7.70%
Dividend income: 200$

200 stocks of TDb Split Corp. (XTD) for an approximate value of 1 386$
Dividend yield: 8.70%
Dividend income: 120$

147 stocks of Provident Energy Ltd. (PVE) for an approximate value of 1 181$
Dividend yield: 6.90%
Dividend income: 79.38$

TOTAL of dividend income of my online broker day trading: 1 083.38$

6 638.43$ - 246$ (dividend of 100 BNS stocks and 500 stocks of SII) =
6 392.43$
+ 1 083.38$
= 7 475.81$

If I leave behind the RRSP dividend, its 7 128.01$ that I will earn in dividend income on a yearly basis with the help of the Canadian stock markets.

A 7 128.01$ in dividend earning outside RRSP is good, but I could make it even better. How? By selling the units I own of Sprott Physical Silver Trust UTS (PHS.U). Sprott Physical Silver Trust UTS (PHS.U) do not pay any dividend. I could eventually sold Sprott Physical Silver Trust UTS (PHS.U) to invest in another dividend payer corporation, but I won't do so. I could also sell the stocks I own of Dumont Nickel Inc. (DNI) and invest the money in something like Rogers Sugar Inc. (RSI), but I won't for now. I like my Sprott Physical Silver Trust UTS (PHS.U) and Dumont Nickel Inc. (DNI) too much for that. And online investment shouldn't just be of dividend anyway. Its not anytime soon I will be able to live on dividend like you know who, but the possibility is getting closer. At this point and with the changes I plan to do, I think that my online investment portfolio will be good enough for me.

My debt situation on date of January 28, 2011

9 364.02$ at a low interest rate of 4.75% (RRSP credit line rates) = 444.79$ in annual interest

4 900$ at a low interest rate of 4% (credit line rates) = 196$ in annual interest

0$ credit line at 8.75% = 0$ in annual interest

7 966.23$ on a TD Canada Trust credit card at a low interest rate of 4.9% ending in April 2011 (result of a credit card balance transfer)
= 390.35$ in annual interest

7 842.99$ at low interest rate loan at 5.50% (student loan) = 431.36$ in annual interest

10 000$ at 7.27% (credit line rates) = 727$ in annual interest

24 428.12$ at a low interest rates of 4.25% (margin money coming from TD Water house): =
1 038.20$ in annual interest

TOTAL: 64 501.36$

TOTAL in annual interest: 3 227.71$
[In date of January 28, 2011]

My stock investment portfolio on date of January 28, 2011

Savings:
1 276.27$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 8 874$
Timminco (TIM): 110$
Blue Note Mining (BNT): 42$
Bank of Nova Scotia (BNS): 11 596.14$
Hanwei Energy Services (HE): 123$
Methanex Corporation (MX): 2 851.04$
Fortis (FTS): 3 632.65$
Pembina Pipeline Corporation (PPL):
9 569.30$
Just Energy Group Inc. (JE): 11 834.88$
Yellow Media Inc. (YLO): 2 908.80$
Bell Aliant Inc. (BA): 5 448.52$
Pengrowth Energy Corporation (PGF): 2 681.42$
Enbridge Income Fund Holdings Inc. (ENF): 5 713.80$
Corby Distilleries Limited (CDL.A): 3 504.70$
Davis + Henderson Corporation (DH):
4 201.60$
Premium Brands Holdings Corporation (PBH):
3 080.48$
EnCana Corporation (ECA): 6 417.93$
Sprott Physical Silver Trust UTS (PHS.U): 2 444$
iShares S&P/TSX Capped REIT Index (XRE): 2 148.30$
Horizons Gold Yield Fund (HGY.UN): 1 940$
Canfor Pulp Products Inc. (CFX): 1 495$
Financial 15 Split Corp. (FTN): 1 006$
New Flyer Industries Inc. (NFI.UN): 2 360$
Superior Plus Corp. (SPB): 2 370$
Cash: 260.59$

TOTAL: 96 614.15$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
3 023.82$
EnerCare Inc. (ECI): 3 154.36$
Dumont Nickel Inc. (DNI): 330.63$
Cash: 7.79$

TOTAL: 6 516.60$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 242.41$
Claymore Gold Bullion ETF (CGL): 4 059.38$
EnCana Corporation (ECA): 3 193$
Emera Incorporated (EMA): 6 600.24$
Cash: 87.06$

CIBC Dividend Growth Fund: 563.99$
CIBC Emerging Markets Index Fund: 408.55$
CIBC Monthly Income Fund: 1 088.51$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 251.85$
GIC Plus TD: 500$

TD Canadian Bond: 118.34$
TD Monthly Income: 112.60$
TD Emerging Markets: 87.38$
TD Energy: 99.61$
TD Precious Metals: 139.84$
TD Latin American Growth: 101.24$
TD Entertainment and Communications: 124.46$
TD Dividend Growth: 210.62$
TD U.S. Mid-Cap Growth: 116.98$

Maritime Life International Equity Fund
(Templeton): 677.28$
Manulife Simplicity Growth Portfolio: 932.52$
Maritime Life CI Harbour Seg Fund: 1 104.59$
Maritime Life Fidelity True North Seg Fund:
1 061.93$
Manulife GIF MLIA B World Invest: 659.81$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 554.82$
RBC U.S. Mid-Cap Equity Fund C$: 2 008.41$
RBC Global Resources Fund: 1 270.43$
RBC O’Shaughnessy International Equity Fund: 684.54$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 223.10$

GIC Canadian Market: 1 000$

TOTAL: 40 123.71$

Social Capital at Desjardins Membership share
for 3 accounts: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(139.06$):
144 709.79$

Welcome to Financial 15 Split Corp. (FTN), 100 stocks of FTN in my online future trading brokerage

I don't like to hold too much financial stuff inside my portfolio. Bank stocks are expensive and pay a dividend yield of less than 5%. For small investors looking to maximize their investment in order to receive the highest dividend yield payment possible, bank stocks are not a good option. Yes, banks are great investments because they will gain in value over time, but their dividend yield is terribly low.

Financial 15 Split II Corporation (FTN) is a great option for small investor who want to get all the positive exposure possible to the financial sector AND received a great dividend yield payment. Taught it wasn't possible to get it all? Well, you were wrong! But now, at least, your getting to know a fantastic company, Financial 15 Split Corp. (FTN). Basically, Financial 15 Split Corp. (FTN) is a company that is extremely easy to understand: FTN had been found to provide investors the exposure to high quality financial stocks AND high dividend payment. Sound interesting?

Financial 15 Split Corp. (FTN) is a concentrate of the following companies: AGF Management Ltd., Canadian Imperial Bank of Commerce, CI Financial Corp., Bank of Montreal, Manulife Financial Corporation, Royal Bank of Canada, Goldman Sachs Group Inc., Wells Fargo & Co., Bank of America Corp., J.P. Morgan Chase & Co., TMX Group Inc., Citigroup Inc., Bank of Nova Scotia, Toronto-Dominion Bank and US Bancorp.

Financial 15 Split Corp. trades under 2 tickets: FTN and FTN.PR.A. I personally invest in FTN because the dividend payment is higher in FTN. FTN.PR.A is the preferred share of Financial 15 Split Corp. FTN pay a higher dividend than FTN.PR.A. Wonder about the dividend? If you decide, like me, to invest in Financial 15 Split Corp. (FTN), you'll earn an annual dividend of $1.5084. Financial 15 Split Corp. (FTN) dividend is being paid on a monthly basis. At this time, I don't know if Financial 15 Split II Corporation is eligible for DRIP. But I hope not. That way, for once, I will be able to enjoy the fresh cash.

I only invest in 100 stocks of Financial 15 Split Corp. (FTN) to begin with. Why? Because Financial 15 Split Corp. (FTN) is a concentrate of the financial sector. I already own many stocks of the financial sector: Sprott Inc. (SII), Bank of Nova Scotia (BNS), Davis + Henderson Corporation (DH), and, I will add it but I know its not exactly financial but its highly related, iShares S&P/TSX Capped REIT Index (XRE). Despite getting a higher exposure to the financial sector, I am happy with this new acquisition. Financial 15 Split Corp. (FTN) is being hold by the mountain lion hero himself.

Welcome to New Flyer Industries Inc. (NFI.UN), 200 stocks of NFI.UN in my online future trading brokerage

More about New Flyer Industries Inc. (NFI.UN) will be post soon!

Welcome to Superior Plus Corp. (SPB), 200 stocks of SPB in my online future trading brokerage

More to come about Superior Plus Corp. (SPB) will be post soon!

creditsolutions for margin users, a quick view on my debt situation and new commodity investment

I made some changes to my commodity investment portfolio today. I decided to sell 100 stocks of Bank of Nova Scotia (BNS). The value of this sell was of 5 674.01$ through my online future trading brokerage. This sell allow me to extend my portfolio in other companies. I really wanted to grow my dividend earning and I did. Following the sell of 100 stocks of Bank of Nova Scotia (BNS), I trade commodities online. Here's are my latest stock acquisitions:

200 stocks of Superior Plus Corp. (SPB);
200 stocks of New Flyer Industries Inc. (NFI.UN);
100 stocks of Financial 15 Split Corp. (FTN).

Those companies offer a high dividend yield and all are online stock trades for under 13$ per stock. I wouldn't invest any more in those companies for now, but they are fun to hold because their dividend distribution is very generous.

With those new stock acquisitions, I am now at 6 312$ in dividend earning (excluding my RRSP dividend). All of the dividend I earn are enroll into a DRIP related to my online future trading brokerage own at TD Waterhouse securities. So as you can imagine, I am very exciting with my new comers. I probably won't invest in new companies for the upcoming months because I hold more than 60 000$ in debt and reader debt busters comments make me realize that yeah, I am getting heavier in debt and I have to be careful. I had received a good debt advice. Who knows if another stock market crash is just around the corner?

Also, regarding my recent holding in Canfor Pulp Products Inc. (CFX), Superior Plus Corp. (SPB), New Flyer Industries Inc. (NFI.UN) and Financial 15 Split Corp. (FTN), I wouldn't recommend you to invest more than 100-200 stocks per those type of companies. Why? All of those companies trade below 20$ per stock. In case of another stock market crash, it could hurt badly your margin (if, like me, you hold a margin account) and/or your portfolio. And, also, never hold too much of the same company, that's the diversification rule online stock investing that I like to stick to. In order words: diversify your assets while investing in a online future trading brokerage. And as you can see in my commodity investment portfolio latest update, I like to diversify my assets in different companies, different sector. But I do not have specific allocation rules.

My way to invest is very free. While investing in stock market, I invest in whatever interest me. That's my rule. I prefer dividend payer. But one of my recent investment was an exception: Sprott Physical Silver Trust (PHS.U).

As for now, I wanted to bust my dividend income for the fun of it, because today, I didn't have better things to do than to online stock trades. But also, I have to say, reaching 6 312$ in dividend income, in an income that I can cash in if I want well, I have to say, it's something I am very happy about!

Currently, I have 64 218$ in debt. I am currently using 35% of my margin. At this point, I won't go deeper into debt, I won't use more than what I already use on my margin account. Things will remain the way they are. For tomorrow, I plan to make a payment of 1 400$ on my 8.75% line of credit. After what, I will have left 3 581.77$ to pay on the 8.75% credit line. I really need to pay off that debt completely. I will try to concentrate on the payment of this debt.

Also today I had received 150$ in dividend distribution from Bank of Nova Scotia (BNS).

My latest trade for today

I sell 100 stocks of BNS, for an amount of 5 674.01$. I purchase 200 stocks of SPB, 200 stocks of NFI.UN and 100 stocks of FTN.

My stock investment portfolio on date of January 26, 2011

Savings:
2 056.57$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 9 088.20$
Timminco (TIM): 100$
Blue Note Mining (BNT): 46$
Bank of Nova Scotia (BNS): 17 238.05$
Hanwei Energy Services (HE): 117$
Methanex Corporation (MX): 3 071.46$
Fortis (FTS): 3 640.14$
Pembina Pipeline Corporation (PPL):
9 482.70$
Just Energy Group Inc. (JE): 11 888.64$
Yellow Media Inc. (YLO): 2 956.80$
Bell Aliant Inc. (BA): 5 483.03$
Pengrowth Energy Corporation (PGF): 2 689.98$
Enbridge Income Fund Holdings Inc. (ENF): 5 614.29$
Corby Distilleries Limited (CDL.A): 3 559.24$
Davis + Henderson Corporation (DH):
4 266.24$
Premium Brands Holdings Corporation (PBH):
3 022.24$
EnCana Corporation (ECA): 6 496.32$
Sprott Physical Silver Trust UTS (PHS.U): 2 404$
iShares S&P/TSX Capped REIT Index (XRE): 2 151.38$
Horizons Gold Yield Fund (HGY.UN): 1 986$
Canfor Pulp Products Inc. (CFX): 1 492$
Cash: 0$

TOTAL: 96 793.71$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
3 020.34$
EnerCare Inc. (ECI): 3 222.84$
Dumont Nickel Inc. (DNI): 330.63$
Cash: 7.79$

TOTAL: 6 581.60$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 162.04$
Claymore Gold Bullion ETF (CGL): 4 086.42$
EnCana Corporation (ECA): 3 232$
Emera Incorporated (EMA): 6 608.48$
Cash: 87.06$

CIBC Dividend Growth Fund: 560.60$
CIBC Emerging Markets Index Fund: 424.26$
CIBC Monthly Income Fund: 1 046.11$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 251.85$
GIC Plus: 500$

TD Canadian Bond: 114.90$
TD Monthly Income: 109.80$
TD Emerging Markets: 88.95$
TD Energy: 97.94$
TD Precious Metals: 140.36$
TD Latin American Growth: 104.49$
TD Entertainment and Communications: 125.57$
TD Dividend Growth: 209.11$
TD U.S. Mid-Cap Growth: 118.04$

Maritime Life International Equity Fund
(Templeton): 685.65$
Manulife Simplicity Growth Portfolio: 936.44$
Maritime Life CI Harbour Seg Fund: 1 093.24$
Maritime Life Fidelity True North Seg Fund:
1 051.95$
Manulife GIF MLIA B World Invest: 659.81$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 552.83$
RBC U.S. Mid-Cap Equity Fund C$: 2 023.99$
RBC Global Resources Fund: 1 271.54$
RBC O’Shaughnessy International Equity Fund: 677.80$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 211.59$

GIC Canadian Market: 1 000$

TOTAL: 40 073.06$

Social Capital at Desjardins Membership share
for 3 accounts: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(126.69$):
145 671.63$

Welcome to Canfor Pulp Products Inc. (CFX) in my online future trading brokerage!

Canfor Pulp Products Inc. from the Toronto stock exchange market is my latest financial trading. I had acquired 100 stocks of Canfor Pulp Products Inc. and I am still very happy with this new acquisition. Canfor Pulp Products Inc. Toronto stock exchange quote is CFX.

To make a long story short, I am coming from the north of New Brunswick. The north part of New Brunswick is a bit poorer than the south. The north rely mostly on natural resources to survive. And forestry is an important sector of employment for natural resource jobs. So when it come to forest, pulp, paper and other, I am very close to all that as the vast majority of my family had been employed in that specific sector. I know that the market is very rough in the market pulp. Why can't New Brunswick duplicate a company like Canfor Pulp Products Inc. (CFX) to create jobs and do something right with our natural resources? I don't have a clue. There's only one Canfor Pulp Products Inc. (CFX) and I am now a holder of it! Without knowing that much of Canfor Pulp Products Inc. (CFX), I am already a very proud stockholder.

Before it's conversion in January 2011, Canfor Pulp Products Inc. (CFX) was an income fund known under the name of Canfor Pulp Income Fund (CFX.UN). As Canfor Pulp Income Fund (CFX.UN), Canfor was among those high yield income funds. Canfor Pulp Income Fund (CFX.UN) was paying an annual dividend of 3$ per unit. Canfor Pulp Income Fund (CFX.UN) had paid it's last dividend as in income fund on January 14, 2011.

While trading under Canfor Pulp Income Fund (CFX.UN), the company had declared a special dividend, which been named as a "supplemental cash of distribution" of 30 cents per unit for the units own on date of December 31, 2010. Back in the times, Canfor Pulp Income Fund (CFX.UN) were among the stocks paying highest dividends. (I know, I had missed some very good stuff!!!).

Myself, I like everything that go quick, I don't like to spend too much times over something. I like quick fast deal and voilà. And the result of what they are: interesting. That's the word I will use to describe my very own financial score: interesting. As you might had read previously, I first taught that our Canfor, the newly Canfor Pulp Products Inc. (CFX) was still paying a 3$ per stock, but it's not the case. I went too quickly on the blablabla reading I guess.

Because of their conversion into a corporation, many companies, just like Canfor Pulp Products Inc. (CFX), had to decrease their dividend distributions. Bell Aliant Inc. (BA), Davis + Henderson Corporation (DH) and Yellow Media Inc. (YLO) are among those companies, all ex very high yield income funds. A dividend distribution cut is always hard to take. But a distribution cut do not necessarily mean a decrease in the value of the stock. The stock value of Canfor Pulp Products Inc. (CFX) did not decrease following its conversion into a corporation set up. It remain relatively stable. Why? Many factors, including this one: the company stockholders had decided to stick to what they have invested in Canfor Pulp Products Inc. (CFX) no matter what. New company stockholders had came in also, etc etc etc. But also, I am very tempt to say that Canfor Pulp Products Inc. (CFX) is one of those very well manage companies, just like one of my very favorite: Just Energy Group Inc. (JE).

Following it's conversion, Canfor Pulp Products Inc. (CFX) still have an interesting dividend yield of 10.26% (from what I calculated and also coming from a reader comment). The annual dividend distribution is of 1.40$. This do not include special dividend. I am also very tempt to say that Canfor Pulp Products Inc. (CFX) could probably pay a special dividend for the financial year of 2011 when time will come.

Canfor Pulp Products Inc. (CFX) will proceed with the payment of its dividend on a quarterly basis. The first dividend distribution of Canadian stock Canfor Pulp Income Fund (CFX.UN) as Canfor Pulp Products Inc. (CFX) will be made just later on in 2011. The initial dividend had been established so far at 35 cents per quarter. According to Canfor Pulp Products Inc. (CFX), the first quarterly dividend is expected to be declared on or about April 30, 2011 regarding its dividend payment.

With 1.40$ in annual dividend distribution + maybe a special dividend, at a dividend yield of 10.26%, Canfor Pulp Products Inc. (CFX) represent a good commodity investment in a Canadian specialty sector: certified forest products.

Looking forward to buy stocks online? Than, pick the Canadian stock Canfor Pulp Products Inc. (CFX) in your online broker day trading. Purchase stocks of Canfor Pulp Products Inc. (CFX), you won't regret it.

Trade commodities online: my experience with EnCana Corporation (ECA)

Today was the day I invested in Canfor Pulp Products Inc. (CFX) for the first time through my commodity trading broker. but today was also a good day for canadian dividend paying stocks, and especially for EnCana Corporation (ECA). I initially invested 5 946.88$ in EnCana Corporation (ECA) a couple of months ago. Buying stocks of EnCana Corporation (ECA) was a good decision to make, despite the difficult times for EnCana in the past couple of months.

The trouble begins for EnCana Corporation (ECA) when the company announced the investment of millions of dollars into their own company. The major investors didn't like that, so the value of EnCana had drop significantly.

Anyhow, EnCana happen to be a good investment because my stocks of EnCana Corporation (ECA) currently worth a very awesome 6 510.39$, for a great profit of 563.51$! I do not plan to sell EnCana Corporation (ECA) anytime soon, but I am proud to say that I my investment in EnCana Corporation (ECA) is growing in value. I would like to be able to say the same thing with all of my commodity investment, but it's not the case. But I am looking forward for the best in the upcoming months with online stock investing.

I just purchase 100 stocks of Canfor Pulp Products Inc. (CFX)

At 14.70$ per stock...

CSN Store 20$ gift certificate giveaway to one lucky reader

THIS CONTEST IS NOW CLOSE. Thank you! The lucky winner is Amber Gi!

That's right readers, your time have come! You have a taste for modern furniture? So do I! And to help you acquire something very nice for your home, CSN Store is giving away a 20$ US certificate to one lucky reader of the Dividend Girl Blog!

To participate, it's easy, you just need to Follow me. Use the Follow icon located on the right column to register!

The contest is open until January 30, 2011, 10PM Eastern time.

Good luck!

Meet the Canadian stock Canfor Pulp Products Inc. (CFX) and the mountain lion hero

Its been a quiet weekend overall. I went for a coffee yesterday evening. I had bring my laptop with me and went to my favorite cafe. But even inside, I was freezing. Sitting next to a window was not helping either. Just to say how cold it is. And even today in my apartment, I have a Honeywell machine that is most of the time on. I didn't go out today at all. I had been lucky enough not to purchase a metro pass since May 2010. Since that time, I may have purchase a ticket not more than 3 times. But now that the weather is sooooo terribly cold in Montreal, I may have to purchase a metro pass for this week. But I will see how it goes tomorrow morning. I am living downtown very next to the St-Laurent boulevard in Montreal, so I don't need to use public transportation. My workplace is at around 40 minutes of walk. At first, I taught I was not going to make it without metro pass, but I did. A monthly metro pass in Montreal is not that expensive. It's not more than 70$ if I remember correctly. But still, keeping a 70$ in my pocket is quite a huge saving.

My budget is well balance. But lately, I didn't spend too much attention on my spending. I currently reached the 500$ on my Mastercard Airline Miles. And no, I do not own a zero interest credit card. Time for me to stick back to a more frugal lifestyle, just like before. I can easily cut those expenses from 500$ to a 250$, basically by half. I know I can do it because I did it before. And I know exactly where to begin my expend cut: Second Cup. I am a Second Cup coffee addict. Everyday before going to work, I buy myself a medium Second Cup coffee. Alone, this expense cost me 45$ every month. To this, you need to add the eating out and going out...

Ok, I have the money I earn online that I can put as payment on that 500$ bill, but still, I am in need of creditsolutions. So I guess the solution or the creditsolutions for me at this time is to cut on unnecessary expenses, just like I was going before. I am back on the frugal lifestyle, despite I could continue the way I am doing without any trouble. Even for this month, I have a good extra 1 400$ I can use for online stock market investing through TD Waterhouse securities.

I am lucky, I have good readers. When I say good readers, I mean very very good readers. They are not only readers, but also investors. Yesterday, I learn about the Canadian stock Exchange Income Corporation through one of them, which I got very interested in and I probably invest in at least 100 stocks of Exchange Income Corporation very soon through my online future trading brokerage. The Toronto stock exchange quote of Exchange Income Corporation is EIF.

All this agitation is due to my trading mistake in Sprott Inc. (SII). I won't write again about it, but I will just say that my online stock investing mistake. The more you manipulate stocks via discount commodity brokers, the more you are kind to do a mistake. This include the following actions: sell stock online and purchase stocks.

The more you sell stock online and purchase stocks, the more you are at risk. To trade commodities online is not extremely difficult, but it can be tricky. In my case, what I did was that I purchased 500 stocks of Canadian stock Sprott Inc. (SII) in what I believe was in time to qualify for the special dividend of 60 cents. but unfortunately for me, I was to late in my purchase because I was not aware of the 3 business rule and in result, did not qualify for the special dividend.

So right now, I hold an extra 500 stocks of Sprott Inc. (SII) that I never really wanted to have. All I wanted was more stocks, in order to earn more from Sprott Inc. (SII) special dividend. In fact, all I wanted was to get more dividend cash from Sprott Inc. That's very all. But among the way, I burn myself. Those extra 500 stocks of Sprott Inc. appeared in my latest stock investment portfolio update. Currently, those 500 stocks alone had lost more than 300$ in value. I know, I screw up badly, but nothing is loss unless a sell is made. Remember that. So as for now, I am leaving the Canadian stock Sprott Inc. (SII) alone, I won't touch it. I had program a sell offer at 9.60$ for those 500 extra stocks of Sprott Inc. (SII). The sell order will remain active until the end of January. If it happen that Sprott Inc. (SII) stock reached or exceed the 9.60$ per stock, I will be good to make my sell. In my mistake, I had purchased 500 stocks of Sprott Inc. (SII) at 9.34$ per stock.

Conclusion: I cannot go back in time and fix that mistake, but I can hope for an increase of the Sprott Inc. title.

I roughly have around 1 400$ to invest by the end of January, despite my huge spending on my credit card.

Another reader of the Dividend Girl is living in British Columbia. While being in his sixties, he got attacked by a mountain lion. And believe it or not, that reader had killed the mountain lion using a simple pocket knife. This event happens in the years 2000s. Believe it or not, the mountain lion hero is a reader of the Dividend Girl, and also a very very good investor. My mountain lion hero was kind enough to share with me his stock investment portfolio.

Ok, so now, remember that I currently have 1 400$ available for Canadian stock trading, that this weekend had been a quiet one because of the extremely cold weather. In conclusion, I had time to review deeper the content of the stock investment portfolio of my British Columbia reader, the mountain lion hero. Many fantastic things, very good dividend payers. But among other, I decide myself on one pick that is going to blow you away: Canfor Pulp Products Inc. (CFX).

From my point of view, Canfor Pulp Products Inc. (CFX) seem to be a bit volatile, but I wouldn't mind investing in 100 stocks of Canfor Pulp Products Inc. (CFX) by tomorrow in my online future trading broker. Canfor Pulp Products Inc. (CFX) dividend yield is of 22.837%. Yes, you read it right. A dividend yield of 22.837%, which mean a 3$ in annual dividend per stock! And the stock currently trade at only 14.45$! So go for it! lol...

Canadian stock Canfor Pulp Products Inc. (CFX) will bring in the house an annual 300$ in dividend income. Of course, just like for the other I hold, the dividend of Canfor Pulp Products Inc. (CFX) will be registered to an automatic DRIP.

I am just very excited about Canfor Pulp Products Inc. (CFX) 3$ dividend per stock! WOW!

Horizons Gold Yield Fund (HGY.U) declared its very first dividend distribution

I had first invested in 200 units of Horizons Gold Yield Fund (HGY.U) back in December 2010 through it's initial public offering. It's been a good thing in my case because I didn't have to pay any commission to acquire those 200 units. My regular broker commission fee with TD Waterhouse is of 9.99$, not to say 10$.

Since December 2010, nothing had been said regarding Horizons Gold Yield Fund (HGY.U) dividend distribution and I began to worry. In my case, I use money available on my margin account, at an interest rate of 4.25%. To make this investment profitable, I really need to touch the promised 6.5% dividend yield by Horizons Gold Yield Fund (HGY.U).

Horizons Gold Yield Fund (HGY.U) didn't broke it's promised. On January 20, 2011, Horizons Gold Yield Fund (HGY.U) declared its first monthly distribution of 7.20 cents per Class A and Class F units of the fund. According to AlphaPro Management Inc., the distribution will be payable on February 10, 2011 for unitholders on record of January 31, 2011.

This is a great news because as I explain, I was worried not to get anything from Horizons Gold Yield Fund (HGY.U). But its seemed like I will get something from Horizons Gold Yield Fund (HGY.U) in February.

Exchange Income Corporation (EIF) vs Power Financial Corporation (PWF)

Yeah! It's the weekend! This week had been a long an awful one. First, I spend I don't know how many hours trying to replacing someone how was out in vacation. There's was way too much work. But just to make things worst, while replacing, I was paid at my regular wage... Yeah, I know, what a life! Anyhow, everything is back to normal, my nightmare is over.

I guess I wasn't myself this week because I had purchase 500 stocks of Sprott Inc. (SII) thinking I was going to be able to make it just in time for the Sprott Inc. (SII) special dividend of 60 cents... but no, it didn't happen that way... Of course not lol... My problem is that I wasn't aware of the 3 business day rule when purchasing stock.

From what I understand, from the time you purchase stock, it take 3 business days for the purchase to be finalize. I had notice before a certain pending state when purchasing new stock but I never pay too much attention to it. Because I didn't care. The only thing I had been caring about is purchasing stock to earn dividend and make the dividend DRIP to naturally earn new stocks, to naturally increase my dividend earning. Not more or not less.

My goal with my latest trade was to purchase 500 new stocks of Sprott Inc. (SII) in order to qualify for their 60 cents special dividend. I purchase the stocks on the 17 of January 2011. The Sprott press release advertise the date of January 19 as latest date for holding - but that being after the 3 business rule... So in result, my latest investment in Sprott Inc. (SII) did not qualify for the special dividend distribution of 60 cents... Oh no, what did I done!

Better to know about the 3 business rule sooner than later, if you see what I mean.

But you saw it for yourself with my latest portfolio update, things are going well for the Dividend Girl, despite my little trading mistake. I am now at 144 889.70$ in asset. I hold 64 218$ in debt, generating a bit more than 3 000$ in interest money. My overall dividend income is of 5 883.78$. I could had done better, there's plenty of place for improvement. But still, I am happy with what I have.

I had place a sell order at 9.60$ for the extra 500 stocks of Sprott Inc. (SII) that I currently hold because of my trading mistake. I have one of my blog reader that came with this investment that he had been holding for quite a while: Exchange Income Corporation (EIF). Thanks for sharing (D)! So here're we are:

Exchange Income Corporation (EIF) vs Power Financial Corporation (PWF)

Exchange Income Corporation (EIF) is like the Power Financial Corporation (PWF) of Derek Foster, but in better. In his latest book, The Idiot Millionaire, Derek Foster name Power Financial Corporation (PWF) as one possible investment holding. I was upset after reading such investment suggestion. See, you have to understand that Henri-Paul Rousseau, the ex CEO of the Caisse de dépôt et placement du Québec hold a Vice-Chairman at the Power Financial Corporation (PWF).

You may ask yourself what's the controversy is all about? Why Power Financial Corporation (PWF) is not a good investment despite what Derek Foster say? I will explain all that to you.

In 2008, the recession hit hard and in 2008, Henri-Paul Rousseau was the CEO of the Caisse de dépôt et placement du Québec. Never heard of the Caisse de dépôt et placement du Québec? To make the explanation short, according to Wikipedia, the Caisse de dépôt et placement du Québec manages public pension plans in the Canadian province of Quebec.

In 2008, following the stock crash market, Henri-Paul Rousseau made the Caisse loose $8 billion of dollars. You read it right! Not 1, 2, 3, 4, 5, 6, 7, BUT 8 BILLION! While he left the Caisse, Henri-Paul Rousseau didn't give up on his leaving bonus, which was of hundred of thousands of dollars.

Now, the same poor guy is now a Vice-Chairman at Power Financial Corporation (PWF). Does Power Financial Corporation (PWF) represent a good investment? HELL NO!

Just like Power Financial Corporation (PWF), Exchange Income Corporation (EIF), to repeat its own worlds: "invest in profitable, well-established companies with strong cash flows operating in niche markets in Canada and/or the United States and to distribute stable monthly cash dividends to its shareholders." Power Financial Corporation (PWF) dividend yield is of 4.696%. Exchange Income Corporation (EIF) offer you much more for your money. Exchange Income Corporation (EIF) dividend yield is of 7.947%.

Exchange Income Corporation (EIF) is a company base in Winnipeg. while investing in Exchange Income Corporation (EIF) , you can be sure of one thing: you won't ever suffer from Quebec bad leadership. Actually, with Exchange Income Corporation (EIF) you won't suffer from anything. You'll just enjoy a good dividend yield provided by a well manage company.

I don't hold anything related to Exchange Income Corporation (EIF) yet, but I find this company very great because its share my view on investment: invest for the long term, with no selling prospect. And even best: Exchange Income Corporation (EIF) has no interest in Manulife.

I have projects for me and Exchange Income Corporation (EIF). I am going to sell the extra 500 stocks of Sprott Inc. (SII) that I bought because of my trading mistake and instead, I am going to invest the money in some stocks of Exchange Income Corporation (EIF).

Another great idea of mine :0)

My debt situation on date of January 18, 2011

9 431.36$ at a low interest rate of 4.75% (RRSP credit line rates) = 447.99$ in annual interest

4 900$ at a low interest rate of 4% (credit line rates) = 196$ in annual interest

4 016.23$ credit line at 8.75% = 351.42$ in annual interest

7 935.32$ on a TD Canada Trust credit card at a low interest rate of 4.9% ending in April 2011 (result of a credit card balance transfer)
= 388.83$ in annual interest

7 830.05$ at low interest rate loan at 5.50% (student loan) = 430.65$ in annual interest

10 000$ at 7.27% (credit line rates) = 727$ in annual interest

20 105.04$ at a low interest rates of 4.25% (margin money coming from TD Water house): =
854.46$ in annual interest

TOTAL: 64 218$ in DEBT

TOTAL in annual interest: 3 396.35$
[In date of January 18, 2011]

My stock investment portfolio on date of January 18, 2011

Savings:
2 056.57$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 9 180$
Timminco (TIM): 108$
Blue Note Mining (BNT): 48$
Bank of Nova Scotia (BNS): 17 449.88$
Hanwei Energy Services (HE): 120$
Methanex Corporation (MX): 3 182.70$
Fortis (FTS): 3 664.75$
Pembina Pipeline Corporation (PPL):
9 538.03$
Just Energy Group Inc. (JE): 11 566.08$
Yellow Media Inc. (YLO): 2 949.75$
Bell Aliant Inc. (BA): 5 336.84$
Pengrowth Energy Corporation (PGF): 2 854.20$
Enbridge Income Fund Holdings Inc. (ENF): 5 571.20$
Corby Distilleries Limited (CDL.A): 3 423.90$
Davis + Henderson Corporation (DH):
4 237.96$
Premium Brands Holdings Corporation (PBH):
2 849.88$
EnCana Corporation (ECA): 6 407.88$
Sprott Physical Silver Trust UTS (PHS.U): 2 616$
iShares S&P/TSX Capped REIT Index (XRE): 2 142.14$
Horizons Gold Yield Fund (HGY.UN): 1 990$
Cash: 241.42$

TOTAL: 95 478.61$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
3 015.10$
EnerCare Inc. (ECI): 3 269.92$
Dumont Nickel Inc. (DNI): 345$
Cash: 7.79$

TOTAL: 6 637.81$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 404.64$
Claymore Gold Bullion ETF (CGL): 4 157.40$
EnCana Corporation (ECA): 3 188$
Emera Incorporated (EMA): 6 686.76$
Cash: 87.06$

CIBC Dividend Growth Fund: 562.87$
CIBC Emerging Markets Index Fund: 428.54$
CIBC Monthly Income Fund: 1 049.93$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 251.85$
GIC Plus: 500$

TD Canadian Bond: 114.90$
TD Monthly Income: 109.93$
TD Emerging Markets: 90.39$
TD Energy: 98.06$
TD Precious Metals: 142.67$
TD Latin American Growth: 106.61$
TD Entertainment and Communications: 125.47$
TD Dividend Growth: 210.16$
TD U.S. Mid-Cap Growth: 119.10$

Maritime Life International Equity Fund
(Templeton): 678.69$
Manulife Simplicity Growth Portfolio: 938.74$
Maritime Life CI Harbour Seg Fund: 1 110.42$
Maritime Life Fidelity True North Seg Fund:
1 075.46$
Manulife GIF MLIA B World Invest: 657.26$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 555.18$
RBC U.S. Mid-Cap Equity Fund C$: 2 079.06$
RBC Global Resources Fund: 1 306.19$
RBC O’Shaughnessy International Equity Fund: 668.55$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 223.30$

GIC Canadian Market: 1 000$

TOTAL: 40 567.43$

Social Capital at Desjardins Membership share
for 3 accounts: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(109.28$):
144 889.70$

Be ready for Sprott Inc. (SII) special dividend of 60 cents

This is just so hilarious in a certain way, my little trading mistake. It's really me. But it's a mistake I did without knowing. Investing in stock is not as easy as it's seem. It's full of things you need to know. This is what went wrong (but you can always refer yourself to my previous post and don't forget to read the comments)...

Back in January 10, 2011, Sprott Inc. (SII) announced a special dividend of 60 cents that will be paid to shareholders at the close of business of January 19, 2011.

A dividend of 60 cents is quite something. This is actually HUGE! I already own 520 stocks of Sprott Inc. (SII). It took me a little while to make my move, and maybe too long. Anyhow, on January 17, I decide to invest in 500 other stocks of Sprott Inc. (SII), for a total of 1 020 stocks of Sprott Inc. (SII).

I did my purchase in a rush, but in my mind, I didn't have any doubt about what I was going to do or what was going to happen lol. I wanted to earn an extra 300$ from Sprott Inc. (SII) from the special dividend. That's sit that's all! But it didn't go as expected. With my limited knowledge, little did I know about the 3 business closing day rule! But I learn it from TD Waterhouse and also from Sprott Investor Relations to who I gave a quick call earlier today. 3 business rules? What's the 3 business closing day rule? I screw up badly, but I learn. It could sound strange, but I really didn't knwo about the 3 business rules.

And now, I am kind of "stuck" with an extra 500 stocks of Sprott Inc. (SII) that were never really wanted. Because all I ever wanted was the extra cash and the extra stocks...

There's a lot to know about the stock market. Derek Foster cover a lot in his books, but there's much more to know. But I'll keep you post among the way! While having an extra 500 stocks of Sprott Inc. (SII) in my portfolio, belive it or not, I am now exceeding 60 000$ in debt, and it's look like I am only missing around 5 000$ before hitting my first 150 000$. I know, nothing to be too much proud about, but I am who I am, the Dividend Girl right?

Another problem: my dividend DRIP in my non registered Canadian margin broker account

I just have another problem at this exact time and I just wonder what's going to happen! Remember, in December 2010, we change from a non registered Canadian cash account to a non registered Canadian margin account? Well, that bring all kind of changes in my broker account that I wasn't even prepare to.

So far for January 2011, I had received, yes, dividend payment in my non registered Canadian margin account, but none of those dividend payment had resulted in a DRIP, which mean that none of my dividend payment had transformed into a brand new stock. There could be 2 reasons for this: 1) a delay for the dividend to transform into one or more stocks, depending or 2) my new margin account of December 2010 has not been set-up for DRIP. I am very tempt to say that my margin is not set-up for DRIP... All those ambitious of mine had giving me A LOT OF TROUBLE. More debt, more dividend, and now, no DRIP. But a question being, can I enroll to a DRIP in my Canadian non registered margin account? That's something else and I do not have the answer to this.

But, if I take the example of the Dividend Lover, I should be able to keep the DRIP even while having margin in my account because from what I understand, Dividend Lover has a margin account and for a while, his dividend income was apply under a DRIP. If, of course, I understood everything correctly...

So I guess I have no choice other than calling TD Waterhouse tomorrow early morning. at this time, the delay for customer service at TD Waterhouse seem to be enormous. But it's not TD Waterhouse fault: it's January, TFSA contribution need to be made as well as RRSP contribution. Both combine together = a lot of calls for TD Waterhouse. But in my situation, if I want to make sure I am enroll on a DRIP, I have no other choice than to call TD. I will keep you post as always to let you know what's going on, just in case you care.

Also, I had set-up in my non registered Canadian margin account a sell order at 9.60$ for 500 stocks of Sprott Inc. (SII). Another brilliant idea of mine to make some $$$.

Welcome again Sprott Inc., 500 new stocks of SII in my online future trading brokerage

I just buy 500 stocks of Sprott Inc. at 9.34$ per stock. You should be doing the same - remember the special dividend...

My TFSA contribution for 2011? 0$

A TFSA is definitively a fun and useful investment program, if I can name it that way, but a TFSA can also be a trap. Well, it is for me, for my specific debt-and-investment situation.

A TFSA allow investors to earn dividend and capital gain free of tax. You can contribute up to 5 000$ per year in a TFSA. The amount of money you withdraw can be invested in totally, but only the year after following the withdraw. For 2011, I can invest 12 000$ into my TFSA.

We are now in January 2011, but I won't transfer 12 000$ into my TFSA. Why?

It's because of my margin situation in my non registered account. If I transfer 12 000$ from my non registered account to my TFSA, it will have a negative effect on my margin. 12 000$ is not that much but it's still a good amount. A transfer of 12 000$ into the TFSA will decrease of 12 000$ the value of my margin in my Canadian non registered account. And I don't want that happen because I want to see the value of my margin increase.

Why I don't like the TFSA

You may say that my debt is the trap and not the TFSA. But in my case, my investment, if not my whole life (lol) rely on my debt. Why?

Well, while investing, the money you take to invest have to come from somewhere. In my case, more than 50 000$ had been borrowed for investment purposes. The money is coming from credit card balance transfer, RSP loan, credit line and margin. I guess I might have one of those good credit because so far, while dealing mostly with TD Canada Trust, I had been able to get EVERYTHING I ever wanted. It's a I have a good credit situation or that at TD Canada Trust, they LOVE the Dividend Girl. What do you think? It's one or the other lol..

Personally, that TFSA drive me sick because at TD Waterhouse, they have a one withdraw per year rule. Which mean that at TD Waterhouse, you can withdraw from your TFSA or transfer from TFSA to non registered account (but that still count as a withdraw). If you exceed the one withdraw per year, TD Waterhouse will charge you something like 30$ for each additional withdraw. Very very bad from TD Waterhouse...

Try to manage a Stop Working strategy of a guy name Derek Foster with one withdraw per year from your TFSA! That's impossible! Dividend is my cash, I want to have access to it at anytime. Even if, at this time, all of my dividend incomes are enrolled to a DRIP. A DRIP yes, but there's always some left-over (cash left behind after the dividend had generate into stocks). That's my cash, and I want to be able to withdraw it anytime, anywhere. But that's impossible with a TFSA.

Basically, you have to decide: not to pay tax on your dividend or the liberty to do just whatever you want.

TFSA reduce what I need most: liberty. The freedom of doing what I want with my money. That TFSA is not perfect. The Tories are behind it and it show. Trust me that it show! Ahhhhhh!

If you have a situation like mine where you are trying to build health while using not more than 30% of the money available on the margin, maybe you'll like to forget the TFSA for one or 2 year, until, like me, you reach the 150 000$ in assets. After what, we'll come back to it, to the (un)famous TFSA of the Tories government! I promise.

I prefer to maximize my RRSP contribution. That way, I reduce the taxes I have to pay on the income. For me, RRSP better than TFSA.

Anyhow, this plan could change. But as always, I will let you know what I will be doing with the (un)famous TFSA. But everything I do is being control by my Debt situation.

Thank you readers, another 100$ online payout!

With the help of my generous readers, I today reach the 100$ payout for my online earnings! Actually, I even exceed it today! Yeah! Thank you readers. Being able to reach another 100$ this month is like WOW! If could make a 100$ every month, I could make 1 200$ in a year from blogging. That would be interesting as extra pocket money. Earning money online for someone like John Chow seem to be quite easy (John Chow is a Canadian (yeah!) living in BC with his wife and daughter Sally Chow, already on the Web... Mr. Chow makes thousands of dollars per month online!), but for the beginner or the regular pal with no computer, things are much more hardcore. If you are interested in making money online, I strongly suggest you John Chow blog. He offers a free ebook, very interesting. I also very like another blog, Web Career Girl. Web Career Girl is in the UK. The reading of her blog will help you understand how difficult it is to make money online, even for a very good writer as herself. Making money yes, but be ready to work. And sometime, you'll work for nothing at all. I made more money on this blog than on all of my HubPages (and I have 96 articles on HubPages!).

As for myself, I try to make money online, but I cannot say that I gave my 100% on it. But that's because of different factor: because I am French and English is more difficult for me and also, well, because a good portion of my time goes on the study of the stock market and the follow up on my investment. That request quite sometime. Also, not to forget that I work. Anyhow, making money online is more than a hobby for me than anything else. Making money online in your spare time? Why not?

I am now a bit more active on Facebook. You can follow me on Facebook right here.

I am now at 139 860.70$

I am getting closer and closer to my first 150 000$ asset goal! Of course, this 139 860.70$ asset value is not my net worth. After debt deduction, my net worth is currently of somewhere of 81 482$! I hold 58 300.18$ in debt. Those debt of mine generate 2 965.36$ in annual interest.

My first divident distribution of 2011

So far for this weekend, I had received the following dividend payment:
Enbridge Income Fund Holdings Inc. (ENF): 30.62$
Pengrowth Energy Corporation (PGF): 14.91$
Premium Brands Holdings Corporation (PBH): 59.97$
Yellow Media Inc. (YLO): 31.30$

Projected dividend income for 2011

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 62.40$ + 312$ in special dividend = 374.40$
Bank of Nova Scotia (BNS): 601.72$
Methanex Corporation (MX): 63.86$
Fortis (FTS): 119.84$
Pembina Pipeline Corporation (PPL):
672.36$
Just Energy Group Inc. (JE): 949.25$ + 153.60$ in special dividend (Just Energy Group Inc. (JE) didn't announce its special dividend yet, but it should come soon) = 1 102.85$
Yellow Media Inc. (YLO): 381.90$
Bell Aliant Inc. (BA): 383.80$
Pengrowth Energy Corporation (PGF): 178.92$
Enbridge Income Fund Holdings Inc. (ENF): 368.64$
Corby Distilleries Limited (CDL.A): 113.12$
Davis + Henderson Corporation (DH): 370.87$
Premium Brands Holdings Corporation (PBH):
239.90$
EnCana Corporation (ECA): 160.80$
iShares S&P/TSX Capped REIT Index (XRE): 125.66$

TOTAL: 5 258.64$

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): 277.34$

TOTAL: 277.34$

RSP investment portfolio (retirement):
EnCana Corporation (ECA): 80$
Emera Incorporated (EMA): 267.80$

TOTAL: 347.80$

OVERALL: 5 883.78$

Excluding the RSP dividend, I should be earning 5 535.98$ in 2011 dividend income. Not bad. This represent an income of 461.33$ per month. This dividend income help to cover for the 2 965.36$ in interest money. Eventually, I will be working at paying off those debt, but it won't be anytime soon. Will the first 150 000$ be in 2011?

My stock investment portfolio on date of January 14, 2011

Savings:
2 056.57$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 4 992$
Timminco (TIM): 106$
Blue Note Mining (BNT): 46$
Bank of Nova Scotia (BNS): 17 446.81$
Hanwei Energy Services (HE): 126$
Methanex Corporation (MX): 3 015.84$
Fortis (FTS): 3 665.82$
Pembina Pipeline Corporation (PPL):
9 559.58$
Just Energy Group Inc. (JE): 11 520$
Yellow Media Inc. (YLO): 2 930.75$
Bell Aliant Inc. (BA): 5 353$
Pengrowth Energy Corporation (PGF): 2 839.29$
Enbridge Income Fund Holdings Inc. (ENF): 5 564.80$
Corby Distilleries Limited (CDL.A): 3 405.72$
Davis + Henderson Corporation (DH):
4 258.16$
Premium Brands Holdings Corporation (PBH):
2 827.44$
EnCana Corporation (ECA): 6 273.21$
Sprott Physical Silver Trust UTS (PHS.U): 2 532$
iShares S&P/TSX Capped REIT Index (XRE): 2 139.06$
Horizons Gold Yield Fund (HGY.UN): 1 984$
Cash: 136.84$

TOTAL: 90 722.32$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
3 007.45$
EnerCare Inc. (ECI): 3 167.20$
Dumont Nickel Inc. (DNI): 359.38$
Cash: 7.79$

TOTAL: 6 541.82$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 400.18$
Claymore Gold Bullion ETF (CGL): 4 130.36$
EnCana Corporation (ECA): 3 121$
Emera Incorporated (EMA): 6 723.84$
Cash: 87.06$

CIBC Dividend Growth Fund: 560.79$
CIBC Emerging Markets Index Fund: 428.25$
CIBC Monthly Income Fund: 1 046.11$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 251.85$
GIC Plus: 500$

TD Canadian Bond: 114.90$
TD Monthly Income: 109.73$
TD Emerging Markets: 90.22$
TD Energy: 97.47$
TD Precious Metals: 141$
TD Latin American Growth: 105.48$
TD Entertainment and Communications: 124.15$
TD Dividend Growth: 209.73$
TD U.S. Mid-Cap Growth: 118.17$

Maritime Life International Equity Fund
(Templeton): 669.89$
Manulife Simplicity Growth Portfolio: 934.09$
Maritime Life CI Harbour Seg Fund: 1 106.30$
Maritime Life Fidelity True North Seg Fund:
1 068.24$
Manulife GIF MLIA B World Invest: 652.16$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 552.88$
RBC U.S. Mid-Cap Equity Fund C$: 2 054.23$
RBC Global Resources Fund: 1 284.69$
RBC O’Shaughnessy International Equity Fund: 662.04$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 218.58$

GIC Canadian Market: 1 000$

TOTAL: 40 403.63$

Social Capital at Desjardins Membership share
for 3 accounts: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(96.36$):
139 860.70$

Oprah and Suze Orman outrageous interview with Nadya Suleman

Did you see it? I didn't see it all. I am taking here about the the TV appearance of Nadya Suleman on Oprah on today, January 14, 2011.

Seem like Oprah and her friend Suze Orman decided to go down on Nadya Suleman today on Oprah TV show and I don't like that. I don't like that at all. I never been on Oprah fan. I never watch one full Oprah tV show of my life as I feel Oprah as being superficial. The best thing that she ever done in her life was to publicly support Obama. now that it had been done. Oprah is just Oprah, trying to be the TV Queen show that everyone expect her to be. But among the way, Oprah lost herself. We all had a taste of that today.

Today, Oprah shown that she had become an Amir Khadir type of person - willing to look good and nice from the outside, but very very bad from the inside. I wonder if Oprah and Suze Orman ever taught about the mental health of Nadya Suleman. During the interview, Oprah laugh at Nadya Suleman. Suze Orman was terribly rude. Like what the heck? What that lesbian say to Nadya Suleman is wrong.

Now that her 8 babies are born, everyday, Nadya Suleman has to live with the consequences of her choice. That's enough. She doesn't to get more humiliation that she already got , like for example being offer to do a p*orn movie with Vivid Entertainment. By laughing at Nadya Suleman, Oprah had show her true colors.

Nadya Suleman doctor's is responsible for all this. It's not like she did it alone. A doctor had to do this to her. I understand Nadya, for the reason why 8 embryos had been implanted in her. she had 2 miscarriage before. The third was going to be the last one and it wasn't plan to work. Her doctor has as much responsibilities in all this as herself. And I think that Suze Orman and Oprah had forgot about that part.

I find both Suze Orman and Oprah very stupid. We should pray for Nadya Suleman instead of publicly making fun of her like Oprah did in her show that been broadcast today. Oprah had lost it all. And Suze Orman, to point her fingers at Nadya... That Suze Orman so horrible, lesbian or not, she's horrible with her super white teeth. Yak.

I am now at 138 729.94$

Despite working at only one job at this time and having plenty of free time on hands, I have problem to do everything on my "To do" list. Like for example, yesterday, I really wanted to update the value of my portfolio because the TSX had won some good value yesterday... But I couldn't as I was too tired...

But I catch up today! I update my portfolio! I am now at 138 729.94$. I am quite heavily in debt, but even there, my net worth is of a bit more than 80 000$, which I consider good. My investment portfolio had marked some great points lately. I calculate my dividend income for 2011, and with what I have right now as holding, I will be earning the equivalent of 455.42$ in dividend income. For a year, this represent an amount of 5 465.04$. Even more than I could ever dream more. And since the income trusts I hold are all now fully converted into corporation, everything should just start getting better. No more tax problems.

At this point of the journey, my investment adventure is just getting even more interesting. The 5 465.04$ in projective dividend income for 2011 is quite something! The 6 000$ in dividend income is not really far away. It could come true in 2011.

My stock investment portfolio on date of January 13, 2011

Savings:
2 056.57$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 4 867.20$
Timminco (TIM): 104$
Blue Note Mining (BNT): 46$
Bank of Nova Scotia (BNS): 17 176.65$
Hanwei Energy Services (HE): 120$
Methanex Corporation (MX): 3 034.38$
Fortis (FTS): 3 652.98$
Pembina Pipeline Corporation (PPL):
9 469.07$
Just Energy Group Inc. (JE): 11 481.60$
Yellow Media Inc. (YLO): 2 935.50$
Bell Aliant Inc. (BA): 5 363.10$
Pengrowth Energy Corporation (PGF): 2 809.47$
Enbridge Income Fund Holdings Inc. (ENF): 5 619.20$
Corby Distilleries Limited (CDL.A): 3 403.70$
Davis + Henderson Income Fund (DHF.UN):
4 258.16$
Premium Brands Holdings Corporation (PBH):
2 845.80$
EnCana Corporation (ECA): 6 104.37$
Sprott Physical Silver Trust UTS (PHS.U): 2 562$
iShares S&P/TSX Capped REIT Index (XRE): 2 112.88$
Horizons Gold Yield Fund (HGY.UN): 1 990$
Cash: 0$

TOTAL: 89 956.06$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 988.75$
EnerCare Inc. (ECI): 3 137.24$
Dumont Nickel Inc. (DNI): 330.63$
Cash: 7.79$

TOTAL: 6 464.41$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 400.18$
Claymore Gold Bullion ETF (CGL): 4 170.92$
EnCana Corporation (ECA): 3 037$
Emera Incorporated (EMA): 6 717.66$
Cash: 87.06$

CIBC Dividend Growth Fund: 556.64$
CIBC Emerging Markets Index Fund: 427.97$
CIBC Monthly Income Fund: 1 041.53$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 147.42$
GIC Plus: 500$

TD Canadian Bond: 114.99$
TD Monthly Income: 109.13$
TD Emerging Markets: 90.34$
TD Energy: 97.04$
TD Precious Metals: 143.63$
TD Latin American Growth: 105.97$
TD Entertainment and Communications: 123.64$
TD Dividend Growth: 207.36$
TD U.S. Mid-Cap Growth: 117.48$

Maritime Life International Equity Fund
(Templeton): 666.19$
Manulife Simplicity Growth Portfolio: 930.87$
Maritime Life CI Harbour Seg Fund: 1 100.38$
Maritime Life Fidelity True North Seg Fund:
1 069.46$
Maritime Life Trimark Europlus Seg Fund: 644.05$

Great-West – various: 1 751.69$

RBC Canadian Dividend Fund: 547.68$
RBC U.S. Mid-Cap Equity Fund C$: 2 041.25$
RBC Global Resources Fund: 1 289.72$
RBC O’Shaughnessy International Equity Fund: 659.81$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 217.11$

GIC Canadian Market: 1 000$

TOTAL: 40 119.69$

Social Capital at Desjardins Membership share
for 3 accounts: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(93.21$):

138 729.94$

Fantastic Sprott Inc. (SII) declared a special dividend for 2010

No special dividend had been declared for Just Energy (JE) yet and I have to say, I am waiting quite impatiently. But today, Sprott Inc. (SII) made an extraordinary announcement via a press release. Please read it, you'll be please you did:

"TORONTO, Jan. 10 /CNW/ - Sprott Inc. (TSX: SII) today declared an interim special eligible dividend of $0.60 per common share for the year ended December 31, 2010, payable on February 3, 2011 to shareholders of record at the close of business on January 19, 2011."

Do you really need an explanation on what a special dividend of 60 cents per common share of Sprott Inc. (SII) represent? Sprott Inc. (SII) plan to pay 60 cents per stock hold until January 19, 2011.

My first ever stock investment I made was way back in 2008, shortly before the stock market crash. At the time, I had invested in 500 stocks of Sprott Inc. (SII). Never did I doubt about my investment in Sprott Inc. (SII). I had faith in Eric Sprott like no one else. When, back in the days, Eric Sprott publicly announced his very high interest in Timminco (TIM), I did what i taught was the right thing to do, I invest in 100 stocks of Timminco (TIM) at around 20$ per stock. Later on, trouble begins for Timminco (TIM). But I had so much faith in Eric Sprott that when Timminco (TIM) stock value drop, I invest again in 100 other stocks of Timminco (TIM). That's how much I trusted Eric Sprott. In whatever Eric Sprott invest in, I invest in too. That's how I lost something close to 4 000$ in Timminco (TIM).

I lost 4 000$ not because of Eric Sprott, but because of my trust in the man. I knew, back in 2008, that the stock market was experiencing something that never been experiencing before. There's been recession before 2008 of course, but what happen in 2008 was more than just a recession, it was like the end of capitalist known as we knew it back than. But my dreams of making it big never lost me. The world was lost, but not me.

In 2008, following the market crash, my investment in Sprott Inc. (SII) decrease in value. Back in the times, I had purchased 500 stocks at 10$ each, for a 5 000$ value. Quite some money. Remember, Sprott Inc. (SII) was my first stock investment. Everything was unknown, unsure, but I knew I was going to make it. I saw Sprott Inc. (SII) going below 4$ in 2008, 2009 and 2010. I had been a stockholder of Sprott Inc. (SII) just because of the man, that Eric Sprott that I love and hate during that long deep dark period of 2008 and today, 2011. But I have to say, now, I am more sympathetic to Eric Sprott but I have to say, when I have smart gurus, I like to appreciate them, and hate them, following the ups and downs of the market. That's the yin and the yang for me. It's the whole secret chemistry behind me. It's a mix of everything, control by nothing or if you prefer by God.

My trust in Eric Sprott didn't just go to Sprott Inc. (SII) and it's ex-sweetheart Timminco (TIM). Following my investment in Sprott Inc. (SII), I decided to invest in the Sprott Canadian Equity Fund. Back in the time, the minimum required to invest in the majestic Sprott Canadian Equity Fund was of 5 000$. Following the 2008 stock crash, the Sprott Canadian Equity Fund units hit the 27$ and 25$. Remember the stock crash? There's been like 2 crash periods. During the first period, Bank of Nova Scotia (BNS) stock suddenly went down to 44$ each (that's when I made my first investment in Scotia Bank). But little that I know, the second period of the stock crash was rashing the BNS stock price at less than 30$ per unit.

For Sprott Canadian Equity Fund, the stock crash 2008 part one drop the unit price at 27$ and than, the second part, at somewhere like 25$. I had invested my first 5 000$ in the Sprott Canadian Equity Fund when the units where at its highest - somewhere to 50$ per unit! After, when the stock market crash, I decided to invest another 2 000$ in the Sprott Canadian Equity Fund when the units price were at 27$. My second turn in the Sprott Canadian Equity Fund was made in the first part of the stock market crash of 2008. As for the second part, I never saw it coming. I never felt it, or had an intuition of it. Absolutely nothing. Nothing at all.

Investing again a 2 000$ in the Sprott Canadian Equity Fund was one of my best move ever. In date of today, I made a profit of more than 700$ on my initial 7 000$ investment. That's a lot of money. Only something very powerful as investment like the Sprott Canadian Equity could make that achievable.

Sprott Inc. (SII), Timminco (TIM), Sprott Canadian Equity Fund and... the Sprott Physical Silver Trust UTS (PHS.U)

Just a month or 2 ago, I decided to invest in 200 units of the Sprott Physical Silver Trust UTS (PHS.U) at less than 11$ per units. It's been one of my investment hit of 2010. Since my investment, Sprott Silver had exceed the 14$ per unit. I am still holding Sprott Physical Silver Trust UTS (PHS.U) in date of today. And my wish is to never sell it, keeping it as a mystic relic of Eric Sprott.

Why? Well Eric Sprott despite by yin and yang, will retire probably in 2011. To do what? I don't have a clue. I would had imagines a big shot like Eric Sprott to never leave the market, like WB in the States but hey, sometimes, a girl can be wrong.

So now, I guess you want to find out what mean the 60 cents special dividend of Sprott Inc. (SII) for me? It's mean 312$ in fresh cash and around 30 brand new stocks of Sprott Inc. (SII) in my stock portfolio. this mean that my investment in the Sprott Inc. will reach the old 5 000$ value very very soon. Among the way, I wouldn't lost a penny with Sprott Inc. (SII), but learn A LOT and catch my breathe from 2008 to 2011. But don't relax anything soon, recession is not over. It could last... for another 10 years!

I would just like to see the same thing about Timminco (TIM). On date of today, I still hold my stocks of Timminco (TIM). And no, I won't sell Timminco (TIM0 just to declare a capital lost on them. No money lost for me, just the possibility of a million dollar.

I did all of that money on the stock market because I am proud of being a Canadian and I am following great Canadian leaders, such like Eric Sprott and Derek Foster. Remember: investing is about faith in what you believe in. My $$$ come from my faith in Eric Sprott, Derek Foster and in Canada (as I invest in Canadian stocks mostly). Now everyone know my secret. My secret is faith.

And also to connect to your portfolio. I can stay for hours in front of my broker account, checking out the ups and downs, calculating the value of my portfolio. You need to keep the beat and follow your investments closely, even if their coming from an investor superstar (remember my story about Timminco (TIM)!). Study, calculate, analyze, look and look again. You'll develop an eyes and make money!

Yeah!

Portrait of Amir Khadir: extremist, Quebec independantist and leader of Quebec Solidaire

Amir Khadir is to Canada what Jean-Marie Le Pen is to France: a dangerous extremist.

Who is Amir Khadir?

Amir Khadir is born on born June 12, 1961 in Tehran, Iran. Amir Khadir immigrate in Canada at the age of 10 with his Iranian family. Amir Khadir parents that escaped from Iran after his father was accused of being an agent of the Mossad. The Mossad is the Institute for Intelligence and Special Operations, the national intelligence agency of Israel.

Amir Khadir father is Jafar Khadir. Amir Khadir studied medicine at Laval University, physics at McGill University and completed postdoctoral studies at the University of Montreal. Amir Khadir is a medical specialist in infectious microbiology.

Amir Khadir first steps in the political world was in 1980. In 1980, Amir Khadir worked for the Yes Side for the sovereignty referendum. In 1997, Amir Khadir became a member of the Rassemblement pour une alternative politique (RAP). In 2000, Amir Khadir represented the Bloc Québécois for Outremont. Founded in 1991 by Lucien Bouchard, the Bloc Québécois is a federal political party devoted to promote the sovereignty of Quebec province. Amir Khadir wasn't elected, he finished second against the Liberal. In 2002, Amir Khadir found the Union des Forces Progressistes.

In 2006, with Françoise David, Khadir founded the sovereigntist political party Québec solidaire (QS). The party name is often being translated as "Solidarity Quebec" or "Quebec Solidarity" in English. In 2008, Amir Khadir became the first elected member of the party in the elections in Mercier. Mercier is a Quebec provincial electoral district.

Who is Jafar Khadir?

Jafar Khadir is an activate communist. Jafar Khadir is a member of the executive council of the Quebec Communist Party.

If you thing there's nothing to worry about Jafar Khadir, now a senior citizen, you are wrong. In 2002, Jafar Khadir was stopped at the US border while trying to reach the States. At the US border, Jafar Khadir was helf for 8 hours. Jafar Khadir has been refused the entry to the US territory. Jafar Khadir was warned by the US authorities not to come back to the US ever again. Jafar Khadir host the annual summer training of the Quebec Communist Party at his chalet located on the slopes of Mont Pinnacle near Frelighsburg in the Eastern Townships. Despite the information being display in his MNA profile for Mercier, Amir Khadir is a member of the Quebec Communist Party. You may like to know that members of the Quebec Communist Party are all supporters of Quebec Solidaire, the party of Amir Khadir.

A few years ago, Jafar Khadir housed an Islamo-Marxist organization name People’s Mojahedin Organization of Iran in one of the building he own on St-Laurent boulevard, known as the "Main", in Montreal. The People’s Mojahedin Organization of Iran is a classified terrorist group in Canada. Taught that terrorist groups only exist in the US and other places worldwide? No, terrorist groups also exist in Canada. But as individual, we can stand against the criminals of the kind of Jafar Khadir and Amir Khadir.

Amir Khadir, man of poor judgment

As a doctor, instead of fighting for quality health care and deeper social problems, Amir Khadir prefer to show it all and do his own circus.

In December 2008, Amir Khadir thowed his shoes at a picture of the president George W Bush standing outside the U.S. Consulate in Montreal. The event was Amir Khadir replicata Muntadhar al-Zaidi's actual attempted shoeing of the President Bush in Iraq. But that was not all. During the manifestation, Amir Khadir visited the Canadian Forces recruitment centre on Sainte Catherine Street and threw shoes at a photograph of Canadian Prime Minister Stephen Harper.

By his demonstration of violence, had showed that he doesn't truly belong to Canadian politic scene. Amir Khadir is an extremist and he should resign from his member of the Quebec National Assembly position.

Throwing shoes in the air won't resolve anything. Amir Khadir is part of Quebec circus who like to show it all, but do little for his citizens. Politic should be done in serious manners. But it's simply not Amir Khadir way of doing politic. Amir Khadir is a clown, not a serious politician.

Also in 2008, Québec solidaire member of the Quebec National Assembly Amir Khadir attends in Montreal a protest organized by Solidarity for Palestinian Human Rights.

In January 2009, it's been reported that Amir Khadir took part in a pro-Hamas rally in downtown Montreal with protesters who waved Hamas and Hezbollah flags and chanted "Death to the Jews." Amir Khadir like to show up at anti-Israel events.

In December 2010, Amir Khadir continued his anti-Israel demonstrations. Amir Khadir showed up to a rally organize by the Palestinian and Jewish Unity (PAJU). On the day of the event, protesters were standing outside the Boutique Le Marcheur, a shoe store in Montreal. Le Marcheur sells shoes made in Israel, the Israeli brand name Beautifeel shoes. The Palestinian and Jewish Unity (PAJU) had urged a boycott of Le Marcheur, a shoes store own by Yves Archambault. The participation of Amir Khadir in the event had been names as being an act of economic terrorism.

Conclusion

Amir Khadir is a dangerous man. For becoming a Quebec sovereignist after Canada government accepted him and his family, Amir Khadir and his family should be expatriated from Canada. In Canada, we expatriated immigrates who don't have the legal papers to stay. The federal government should also expatriate immigrant who had become Quebec independist activists.

According to a Leger Marketing poll, Amir Khadir was the most popular politician in Quebec province in December 2010. Amir Khadir has the highest approval rate (45 per cent) of any politician in the province.

This show Quebeckers poor judgment and lack of ethic and integrity toward Canada. It's time for Quebec to separate from Canada once for good. A united Canada without Quebec province.

Welcome again iShares S&P/TSX Capped REIT Index, 100 new units of XRE

I had around 1 000$ available to invest. I decide to add up to my current 54 units of iShares S&P/TSX Capped REIT Index (XRE). I purchase 100 units of iShares S&P/TSX Capped REIT Index (XRE) at 13.58$. XRE is a high rank investment by MorningStar.

Very good things happening right now in my portfolio. We will elaborate more tonight! Still working for now, have to go to work ;o)

Does BMO Bank of Montreal (BMO) represent a good investment?

In Canada, despite the worldwide recession that been hitting quite hard since 2008, our banks had performed well. But while looking a bit more closely to the big scheme, can we say that BMO Bank of Montreal (BMO) represent a good investment?

BMO Bank of Montreal is the only Canadian bank that registered a negative EPS for the past 5 years.

EPS Growth (5 years):
Bank of Montreal (BMO): -4.59%
The Royal Bank of Canada (RBC): +0.32%
The Bank of Nova Scotia (BNS): +1.46%
Toronto Dominion Bank (TD): +1.13%
National Bank of Canada +3.30%
Canadian Western Bank (CWB): +16.73%
Laurentian Bank of Canada (LB): +19.29%
Canadian Imperial Bank of Commerce (CM): +169.51%

In November 2010, BMO Bank of Montreal (BMO) was the only Canadian bank to suspend its DRIP. Before November 2010, BMO Bank of Montreal (BMO) was offering a 2% discount on dividend reinvestment plan, commonly known as DRIP. But in November 2010, BMO Bank of Montreal (BMO) announced the suspension of the 2% discount. Investors are used to a discount of 2 to 3% under DRIP when it come to Canadian banks. When it come to Canadian banks, investors are also used to very good financial results. But none of this exist at BMO Bank of Montreal (BMO).

To the question "Does BMO Bank of Montreal (BMO) represent a good investment?", we can certainly answer by no. BMO Bank of Montreal does not represent a good investment. They might be the worst bank, with the worst financial result for the past 5 years.

But that's not all. BMO Bank of Montreal (BMO) own a wealth management division, BMO Nesbitt Burns. BMO Nesbitt Burns is like BMO Bank of Montreal (BMO): BMO Nesbitt Burns is poorly manage.

One example among other: in February 2010, a lawsuit has been filed against BMO Bank of Montreal (BMO) regarding BMO Nesbitt Burns. Employees of BMO Nesbitt Burns had declared owed unpaid overtime. Those employees were working for BMO Nesbitt Burns.

BMO Nesbitt Burns didn't paid overtime for the period of 2002-2010. Also, according to the claim, it's been reported that employees of BMO Nesbitt Burns expected to work up to 80 hours per week! In this case, the BMO Nesbitt Burns employees are being represented by the law offices of Juroviesky LLP. The case is still ongoing. Are you really going to invest in a bank that is facing a class-action lawsuits related to employee overtime compensation?

Does it make any sense to you?

No, of course, not.

This is pretty hilarious, especially knowing that BMO Bank of Montreal gaga sentence is: "Making money make sense". Yeah, make money, but treat your employees correctly, at least, BMO Bank of Montreal (BMO)....

And it's seemed like for the past 5 years, BMO Bank of Montreal (BMO) hasn't make that much money (remember the EPS Growth for 5 years of -4.59% for BMO Bank of Montreal (BMO).

But that's not all. By treating their employees incorrectly, BMO Bank of Montreal (BMO) had created itself a bad karma...

In May 2010, it's been reported that BMO Bank of Montreal (BMO) had been involved in the biggest mortgage fraud in Canadian history. A Montreal man (who else other than a Quebecker could had been linked to such outrage?) of the name of Robert Manuel Moniz had been arrested by the RCMP had been named responsible for the mortgage fraud exceeding $5 million.

BMO Bank of Montreal (BMO) has a bad reputation as a bank. When investing, just avoid completely BMO Bank of Montreal (BMO).

Hit and run: my investment selling of 2010 in review

Back in 2009, Shirley Won had reported the extraordinary result of the Creststreet Alternative Energy Fund. Despite the recession that was hitting worldwide, the Creststreet Alternative Energy Fund, under Steve Martin management, had reported gains of 94%.

Following my search and after reading about the Creststreet Alternative Energy Fund and his young manager (in 2009, Steve Martin was only 28 years old!), I decided to invest in the Creststreet Alternative Energy Fund. I initially invested 1 000$ in the Creststreet Alternative Energy Fund. I was in heaven. In my mind, the Creststreet Alternative Energy Fund was going to be the investment that was going to double the value of my initial investment. I never had any doubt on Steve Martin skills, even while knowing so little about the majestic.

Steve Martin had joined the Creststreet Asset Management Ltd. in 2005. But on February 2010, Shirley Won announced Steve Martin departure of Creststreet Asset Management Ltd. In result, Steve Martin was leaving behind the management of Creststreet Alternative Energy Fund. Oh noooooo!

I took time to study my options. After what, I decided to sell the units I was holding of the Creststreet Alternative Energy Fund. I sell my 29.229 units for 1 110.69$, making a cutty profit of somewhere of 100$. Selling my units of the Creststreet Alternative Energy Fund was a good decision to take. Following Steve Martin departure, the value of the Creststreet Alternative Energy Fund take a plunge. The Creststreet Alternative Energy Fund later catch up, but without Steve Martin, my interest wasn't there anymore.

2010 selling(s) in a flashback...

Basically, the Creststreet Alternative Energy Fund was the only investment that I sell in 2010.

Will Horizons Gold Yield Fund (HGY.UN) ever be paying any dividend?

When I first decided to invest in Horizons Gold Yield Fund (HGY.UN), I did it for 2 reasons: because it's a gold investment and also because Horizons had announced, at the time of the public offering, that Horizons Gold Yield Fund (HGY.UN) was going to pay dividend.

I don't know if any Quebeckers of the like of Brian Mulroney are under the management of Horizons Gold Yield Fund (HGY.UN), but it's seemed like Horizons Gold Yield Fund (HGY.UN) had broked their dividend payment promised.

I had invested in Horizons Gold Yield Fund (HGY.UN) using funds available in my margin account. For that specific reason, it's extremely important for me to be able to earn dividend from this investment. The dividend income earn need to exceed the interest own on the money borrowed through margin. My margin interest rate is currently of 4.25%.

Back in November 2010, AlphaPro Management Inc. announced the public offering of Horizons Gold Yield Fund (HGY.UN). This is part of the information provided by AlphaPro Management Inc. in their November 2010 press release:

"TORONTO, Nov. 1 /CNW/ - Horizons Gold Yield Fund (the "Fund") is pleased to announce the filing of a preliminary prospectus in respect to the initial public offering of its Class A and Class F Units (the "Units") at $10.00 per Unit.The Fund's investment objectives are to provide holders of Units with: (i) exposure to the price of gold bullion hedged to the Canadian dollar, less the Fund's fees and expenses; and (ii) tax-efficient monthly distributions, initially expected to be $0.0542 per Unit ($0.65 per annum to yield 6.5% on the issue price of $10.00 per Unit). It is initially expected that monthly distributions received by investors will consist primarily of return of capital.

The Fund was created to offer investors a low cost exposure to the price of gold bullion, while providing monthly tax-efficient distributions. The Fund will seek to achieve its investment objectives by gaining exposure to a portfolio consisting of securities and other instruments that provide exposure to the price of gold bullion (the "Gold Portfolio"). The Gold Portfolio will be managed by JovInvestment Management Inc. (the "Portfolio Manager"). The Portfolio Manager intends to write at-the-money covered call options on approximately, and not more than, 33% of the securities in the Gold Portfolio. The Portfolio Manager will not manage the call option writing strategy to achieve a specific target return, but will manage it to generate attractive option premiums that temper the volatility associated with owning the Gold Portfolio.

The Fund is expected to automatically convert into an ETF by no later than July 30, 2012."

Back in November 2010, Horizons Gold Yield Fund (HGY.UN) had promised a monthly dividend distribution of $0.0542 per unit. This distribution represents a yield of 6.5%, which I find pretty good.

Since Horizons Gold Yield Fund (HGY.UN) completed it's public offering in December 2010, nothing had been announced at dividend distribution. So what's going on? I did my search of course. I took a look here and here. But no trace of Horizons Gold Yield Fund (HGY.UN). So what does it mean?

Different answers are available:

-Some Quebeckers are being the management of Horizons Gold Yield Fund (HGY.UN);

-The dividend will be paid only when Horizons Gold Yield Fund (HGY.UN) will convert into an ETF in July 2012;

and/or
-Horizons Gold Yield Fund (HGY.UN) decided not to pay any dividend at all.

I don't know what to think about Horizons Gold Yield Fund (HGY.UN). I am just getting frustrated about Horizons Gold Yield Fund (HGY.UN) dividend payment situation.