No matter if you believe in God or not, or the God of the TSX lol... Nothing happen for nothing. See, I usually work on Monday, but I gave my Saturday to someone who really needed it and I took Sunday and today off. Yesterday, I sleep in late, did some stuff online, nothing much. I wrote 2 other HubPages and I hope to "pop" the 100 HubPages today. Despite fact that I didn't do that much, I sleep in late today too. There's just some times where I prefer to sleep in when I feel like sleeping. That way, at least, I don't spend money on eating out or doing anything else. Anyhow. I sleep in and when I wake up, it was around lunch time. I wake up, open the heat (its coldddddd in here), make myself some coffee, brush my teeth (yeah, I do that sometime!), start my laptop, and than, I saw the Sprott Inc. (SII) title had gain a 3%... HUGE! I didn't plan to trade anything today. Today was supposed to be a day where I stay in, doing absolutely nothing if not watching Swagbucks videos online to reach the 1400 points and order 10$ PayPal payout... That was going to be my day... But it turn out to be different. Today was a special day, it's because I wrote yesterday a HubPages about Dr. Travis Stork. I know, the guy is a hottie lol. That's why I pick him for a subject for HubPages, just like a stock pick... You pick what's look good and is good...
You might wonder again what this is all about and why God exist?
I already own several hundreds of Sprott Inc. (SII). Back in 2008, Sprott Inc. (SII) was my very first stock investment. back than, sprott Inc. (SII) was not a dividend payer. but it later on declare a small, but still, a dividend payment. Each year since 2008, Sprott Inc. (SII) pay a special dividend. And in January 2011, Sprott Inc. (SII) declare a HUGE dividend of 60 cents per unit. This is quite something because Sprott Inc. (SII) title trade at less than 10$ per stock! WOW!
Ok, so here what happen, without knowing about the 3 business rule that close a stock sell, I invested in 500 stocks of Sprott Inc. (SII), for an investment value of 4 679.99$. I wanted to qualify for Sprott special dividend of 60 cents, but I did my purchase too late. I never did a purchase in order to get a dividend payment at a specific date before. My new investment in Sprott Inc. (SII) did not qualify for the special dividend distribution and I was stocked with an investment of 4 679.99$! What had I done! What a terrible mistake! Especially knowing that Sprott Inc. (SII) quarterly dividend is only of 10 cents! Like whatttttt? 10 cents? Damn! What a mistake! I AM STUPIDDDDDDD! Ya!
But hey, I am a dividend girl and I have a bunch of luck on my side (not to say God by my side because it would be very stupid to say so). Anyhow, guess what, Sprott Inc. (SII) title reach close to 9$ per stock today! Just at the time I was in front of my laptop! It didn't took me long, I place a sell order for 557 stocks of Sprott Inc. (SII) immediately. I cancel my sell order of 9.60$ for 500 stocks of Sprott Inc. (SII). The sell of 557 stocks of Sprott Inc. (SII) generated a very good 4 977.30$!
The extra 57 stocks came from the special dividend for the Sprott Inc. (SII) I had been holding since 2008. See, a DRIP can help a lot in desperate situation.
I could had wait to do my sell, but the stock market is so difficult. I prefer to do my move now and save my trader reputation (lollll) and make a 297.31$ profit on an investment mistake! YES SIR!
After all this, it didn't take me long to realize that I could make one of my old dream come true: to hold 1 000 stocks of Just Energy Group Inc. (JE)! Whith the money, I purchase 300 stocks of Just Energy Group Inc. (JE). I own a bit more than 1 000 stocks of JE now and I am very happy. I think that I qualify for Just Energy Group Inc. (JE) latest dividend. But it's not the case, it doesn't bother me at all.
From what I calculate now, I exceed the 8 000$ in prospective dividend income for 2011. That's pretty cool!
So this is just another proof that yeah, God exist and want me to be become if not a millionaire, well, at least be comfortable in my finance. Now I really think that God exist. For real! So better be good! :0)
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11 comments:
$8000. a year, that's really good. Do you have a goal in mind before you focus on paying down your debt. So far the numbers are very much in your favour, I admire your courage.
My goal would be to reach 13k in dividend income. Since I had now been able to fix by little trading mistake with Sprott, I will now try to focus a bit more on paying my debt.
Well done Sunny. Your assets are REALLY climbing!
(You're kicking my butt in dividend income :)
Hi My Own Advisor, thanks for the kind words.
So I'm just reading your blog now for the first time and it seems you've started with 11k in assets in 2007 and make it into almost 150k assets?
wow this is like 15x your money in just 4 years how did you do it?
ps. also a canuck live in halifax
Hi Pete! From Halifax? Right on, a Maritime guy! Welcome in!
I began slowly, but also use leverage among the way. In 2009, I was working at 3 jobs to pay myself some stocks.
Actually Pete, if you substract the debt part she's now at 82k, that's about half the 15x you mentioned... but still very good indeed!! You absolutely need to take the debt into account since if one would able to borrow 1 million $ and put it in the stock market that doesn't make him/her a millionaire, does it?
Mike
I see you don't have any holdings in apple computers...do you think it is a bad stock?
i currently have 40k in AAPL
Wow you have 82k in profit then...thats just amazing for a few years
how do you know what stocks are good for investing in?
my portfolio is only a few
Hi Pete,
I started with some Derek Foster picks. I still hold those today. I also add with my own pick, following reading.
I forget to mention, and also, sometime, I take in consideration reader suggestions. That help as well.
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