What the JFT Strategies Fund (JFS.UN) is doing in my portfolio anyway?

I am usually never sick but the cold weather of the last couple of days in Montreal left me sick. The worst was to have the feeling of not having enough sleep while I just wake up... After spending the whole weekend pretty much in bed, I am back on my feet. Sick or not, this weekend, I really wanted to update my portfolio and I did. My investment portfolio is now at $173 069.55. My net worth increased to 95k, making it very closed to the famous 100k. I have a bit more in savings than usual because of the paycheck that came in this week. I just cannot believe February is hitting on.

There is a temporary system problem. Please contact your local TD Waterhouse office for assistance.

Too bad, we’ll never going to know the value of my portfolio on this beautiful sucking MONDAY. I just had 2 days for me and I had to spend it half death in my bed. It hasn’t been a really nice weekend. Life is sometime really hard. I might have received some other juicy dividend distribution, but I will have to wait until tomorrow I guess to find out.

I was looking carefully at my non-registered portfolio when I came to the following conclusion: I have like a close 5k investment value in my non-registered portfolio that is not providing any juice at all. In my portfolio, First Majestic Silver Corp (FR) and JFT Strategies Fund (JFS.UN) are just laying there doing nothing for my business if you know what I mean. Luckily, I had partly sold my holding in First Majestic Silver Corp (FR) a couple of months ago. Mining companies can be hard to hold. 

And FR is among them. Right now, FR is trading the below $18. FR is actually basically at the same value of the time of my initial purchase... It’s not fun of course, but I hope FR will get back on track soon.

I was holding FR hoping to make a bunch of money on the title. Unfortunately for me, the very evil Eric Sprott himself is an investor of FR. Is it because of Eric Sprott that First Majestic Silver Corp is falling apart? Who’s to blame?

In this case, FR doesn’t pay any dividend and is now doing absolutely nothing good in my portfolio.

As for JFT Strategies Fund (JFS.UN), the story is even worst. I had made some good cash by trading FR in the past. But on JFT Strategies Fund (JFS.UN), I never made one damn cent. I had been holding on JFT Strategies Fund (JFS.UN) since its public offering. I was quite excited to hold something being manage by Jean-François Tardif himself, ex-hedge fund manager at Sprott Asset Management.

And guess what happen?

NOTHING. Nothing happen! The fund never went over the $10 per share. Since its opening, I never been able to make money on the JFT Strategies Fund (JFS.UN). I was expecting Jean-François Tardif to deliver, but he didn’t. The man is blaming the stock market that is not the same as when he was in his golden years with Sprott in 2008-2009.

I wanted something magical to happen, I was expecting to get rich on the JFT Strategies Fund (JFS.UN) and NOTHING HAPPEN. And it’s pissing me off. How long will I have to wait before Jean-François Tardif started delivering again?

So here am I with a couple thousands in my portfolio. That money is not doing anything for me at the present time. What should I do? I think the only thing left to do is to pray God and the angels to HELP me. I won’t let this happen without doing anything. I have enough of FR but I certainly have more than enough of the Jean-François Tardif who turns himself into a manager who likes to fool us with his fund. ENOUGH. I have enough.

My investment portfolio on date of January 26, 2013

Savings: $1 121.76

Non registered Investments:
Stocks and Units investment portfolio $CAN
Sprott Inc. (SII): $4 235.30
Timminco (TIMNF): $0.20
Blue Note Mining (BNT): $6
Bank of Nova Scotia (BNS): $6 432.80
Hanwei Energy Services (HE): $25.50
Methanex Corporation (MX): $3 646.20
Fortis Inc. (FTS): $3 744.15
Pembina Pipeline Corporation (PPL): $13 522.74
Just Energy Group Inc. (JE): $8 195.17
Pengrowth Energy Corporation (PGF): $1 069.50
Enbridge Income Fund Holdings Inc. (ENF): $8 662.94
Corby Distilleries Limited (CDL.A): $2 139
Davis + Henderson Corporation (DH): $4 715.28
Premium Brands Holdings Corporation (PBH): $7 730.35
EnCana Corporation (ECA): $4 099.68
iShares S&P/TSX Capped REIT Index (XRE): $2 650.34

Horizons Gold Yield Fund (HGY): $1 842.30
Canfor Pulp Products Inc. (CFX): $1 080
New Flyer Industries Inc. (NFI): $2 061.28
Exchange Income Corporation (EIF): $9 005.76
Rogers Sugar Inc. (RSI): $578.55
Student Transportation (STB): $1 393.14
Colabor Group Inc. (GCL): $869.04
TMX Group Inc. (X): $423.28
Data Group Inc. (DGI): $1 479.76
K-Bro Linen Inc. (KBL): $3 000
Westshore Terminals Invest Corp (WTE): $5 714.04
Westernone Inc. (WEQ): $3 328.80
Atlantic Power Corp (ATP): $2 963.35
First Majestic Silver Corp (FR): $1 752
Kinross Gold Corp (K): $1 292.56
TransCanada Corp (TRP): $1 218.75
Canadian National Railway Co (CNR): $3 822
Firm Capital Mortgage Investment Corporation (FC): $558
Sprott Strategic Fixed Income Fund (SFI.UN): $441
Enbridge Inc. (ENB): $1 236.76
Agrium Inc. (AGU): $2 998.84
Canadian Utilities Limited (CU): $1 570.80
Veresen Inc. (VSN): $842.82
Chorus Aviation Inc. (CHR.B): $669.24

Crescent Point Energy Corp (CPG): $869.44
JFT Strategies Fund (JFS.UN): $1 930
Keg Royalties Income Fund (KEG.UN): $744

Geovencap Inc. (GOV): $1

Healthlease Properties Real Estate Investment Trust (HLP.UN): $1 124

Bombardier Inc. (BBD.B): $518.70

Heroux-Devtek Inc. (HRX): $517

Black Diamond Group Ltd (BDI): $545

Emera Inc. (EMA): $904

TOTAL: $128 170.36

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): $1 943.66
Cash: $4.12

TOTAL: $1 947.78

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): $26.16
Dumont Nickel Inc. (DNI): $546.25
Sprott Physical Silver Trust UTS (PHS.U): $2 544.46
Cash: $5.60

TOTAL: $3 122.47

RSP investment portfolio:
Sprott Canadian Equity Fund: $4 706.08
Claymore Gold Bullion ETF (CGL): $5 009.16
EnCana Corporation (ECA): $2 030.13
Emera Incorporated (EMA): $8 027.52
Sprott Physical Silver Trust UTS (PHS.U): $848.15
Cash: $6 044.95

CIBC Dividend Growth Fund: $600.08
CIBC Emerging Markets Index Fund: $334.85
CIBC Monthly Income Fund: $1 072.03

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

GIC National Bank: $1 227.70
GIC Plus TD: $500

Maritime Life International Equity Fund
(Templeton): $584.15
Manulife Simplicity Growth Portfolio: $937.51
Maritime Life CI Harbour Seg Fund: $1 111.75
Maritime Life Fidelity True North Seg Fund: $1 076.23
Manulife GIF MLIA B World Invest: $725.47

Great-West – various: $1 957.04
Various other mutual funds: $675

TOTAL: $38 547.16

Social Capital at Desjardins Membership share: $40

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
($120.02):
$173 069.55

Derek Foster Video Series: Worth it or not? $39.95 for what?

I got cold and now I have the flue. Nothing major for now, just a rainy nose and a punch in my sexy throat. I never been this cold in my life while being in Montreal. As far I remember, I always been able to walked around without any problem, maybe just a couple of days where I took the metro but that's all. But this winter is one of the coldest ever. So I bought some metro tickets. From my place to work, its about a 40 minutes walk. If I take the metro, I am at 20 minutes walk from the metro. I couldn't bought one month because the month only begin on the first of each month... But hey, what the heck. And you know their weekly metro pass, the week begins... on MONDAY. OF COURSE. I may buy a pass for February.

I am usually never sicked, but this time, the cold weather got me this time. And just to make things a bit more complicated, I had been very very busy this week. My job is so hard right now. I changed of position and I got a little raised. The problem is that they are getting so busy at work, its unbelievable. I am willing to do my part, but there's soooo many things to be learn. I am even putting in extra hours that I don't even declared. Why? Well, I feel it wouldn't be appropriate at this time for me to ask to have those extra hours paid because I am new the job, I made a few mistakes, etc. The learning process is hard. But I  have to say that those Quebeckers have been very kind to me so for me to put in a bit more hours is like my way to say sorry without saying it loud and clear. I do apologize when a situation occur. Those are not too common. Its the second time I am messing up. But so not my fault in a way. But its kind of terrible when you think about it twice. I am a terrible employee.

But you know that right?

LOL. Its just time like that, a learning period that I hope won't be too hard on everyone excluding me.

I took a taxi to go to work this morning and I heard at the radio that there's been murders in US schools again. So terribly sad. It cost me 12 bucks.

I have a headache so this post won't me long and I have to go to work early to take care of my mess at work, classy girl....

Before I leave, just one thing: my non-registered portfolio closed today session at $127 601.25!! Its really too bad that I don't have time to post an update of my portfolio.

I had received a request to post on more info about my portfolio, like if it wasn't enough already LOL. But you want more, so just get ready to get more ok. Other than that, I had purchased Derek Foster brand new video series and I have to say, I find the videos interesting. For those who like to know what Derek Foster hold, why, at which price he paid for such such thing, you are going to like the videos because that's exactly the topic covered by Derek Foster. Interesting to watch, easy to understand (even for French girl like me). Only thing missing is him shirtless on the beach.

I am going now, I am tired. Good night special readers. We are soon going to explode on the half of millions view so just continue your good job.

Pretty money, I love to count my pennies. Pretty.

I just completed the manual and oh how long calculations of my... fortune. So I count penny per penny, investment per investment... And finally, the results are in! Are you ready for this?

My non-registered portfolio is at $126 853.21. My overall portfolio is popping the 170k and established itself at a very good $170 864.05. My net worth after debt is of $92 853.74. I should be able to get in the 100k net worth by the end of 2013 if the market goes like this for the rest of the year. My dividend income for January is interesting. So far, I am on $500+. The numbers are great and I just cannot wait to place my next investment move.

My margin account is safe for now. I am using $50 933.68 of my margin money and I have left available $18 072.40. I am exceeding my minimum fix at 15k, which is all good for now. Eventually, a 20k or even 25k would be even better for safety measures.

Some readers suggested me to pay off debt for now and wait for the bear market to kick in before investing more. This is a very good suggestion. I would like to have the ability to just wait, but I just cannot control myself. Just another one..... PLEASE.

Right now, an investment I keep thinking of is: Cineplex Inc. (CGX). This stock has great value, I think. I remember reading something on Susan Brunner blog about her assisting to a money conference and one person said that CGX was a good investment or something like that. The dividend yield is exceeding the 4% by a few ones and the dividend is paid MONTHLY. I love to receive dividend distribution on a monthly basis.

The 2012 financial results of Cineplex will be announced on February 7 so I plan to get in the game before that date. Which mean I will buy some Cineplex stocks before the 7^th of February. The US has registered a very good year for movie entries so I guess it will be the same for Canada. I don’t recall exactly where I read that. Anyway, adding in some Cineplex Inc. stocks seem for me to be a nice way to diversify my portfolio. 

This is a good weekend to be spent in jogging and go to the movies. I saw that movie about the 9-11 events and about Ben Laden, how he was found and killed, Zero Dark Thirty. That movie should never been made. It’s a provocation for the extremists to wake up again. I felt very upset after watching Zero Dark Thirty. It’s a complete lack of social consideration. If the US get ever target again with a terrorist act, they will be the only ones to be blame. Everything is for the money in Hollywood. War is not something to be celebrated. Ben Laden was killed, but other were kills too. And we don't know who those people were. Americans were celebrating in the streets when Ben Laden was killed. After that, the US wondering why their country is hated a bit everywhere around the globe.

Extreme arrogance, vanity will cost Americans a lot more than what it has did in the past. I don’t suggest anyone to go see Zero Dark Thirty despite the “take your breath away” effect it’s giving you from the beginning to the end. Why? Because its something you need to watch. Disgusting movie. The Hollywood industry is full of shit to have release such a damn thing. Zero Dark Thirty is just another US shame. A provocative act to wake up Al Quaida and terrorists. That is what its all about. War is wanted by Americans so they'll be able to push further their poor economy. How many others will have to die?

We all have our own life to live and its a good thing that I am not an American. I spent my time today counting and counting my pennies. The arrogance of some shouldn't keep us from living our lives the way we want. Nothing has to be disturb. US is such a f up country. Darling is happy to be a Canadian. Especially after watching Zero Dark Thirty.

My investment portfolio on date of January 19, 2013

Savings: $11.69

Non registered Investments:
Stocks and Units investment portfolio $CAN
Sprott Inc. (SII): $4 183.65
Timminco (TIMNF): $0.20
Blue Note Mining (BNT): $4
Bank of Nova Scotia (BNS): $6 364.60
Hanwei Energy Services (HE): $27
Methanex Corporation (MX): $3 294.97
Fortis Inc. (FTS): $3 759.41
Pembina Pipeline Corporation (PPL): $13 458.06
Just Energy Group Inc. (JE): $8 090
Pengrowth Energy Corporation (PGF): $1 110.90
Enbridge Income Fund Holdings Inc. (ENF): $8 426.34
Corby Distilleries Limited (CDL.A): $2 156.25
Davis + Henderson Corporation (DH): $4 620.24
Premium Brands Holdings Corporation (PBH): $7 672.76
EnCana Corporation (ECA): $3 995.68
iShares S&P/TSX Capped REIT Index (XRE): $2 642.64

Horizons Gold Yield Fund (HGY): $1 865.07
Canfor Pulp Products Inc. (CFX): $1 083.24
New Flyer Industries Inc. (NFI): $1 928.16
Exchange Income Corporation (EIF): $8 814.96
Rogers Sugar Inc. (RSI): $568.10
Student Transportation (STB): $1 408.12
Colabor Group Inc. (GCL): $872.10
TMX Group Inc. (X): $421.28
Data Group Inc. (DGI): $1 507.68
K-Bro Linen Inc. (KBL): $2 999
Westshore Terminals Invest Corp (WTE): $5 712
Westernone Inc. (WEQ): $3 363
Atlantic Power Corp (ATP): $2 963.35
First Majestic Silver Corp (FR): $1 895
Kinross Gold Corp (K): $1 426.95
TransCanada Corp (TRP): $1 222.75
Canadian National Railway Co (CNR): $3 780.80
Firm Capital Mortgage Investment Corporation (FC): $558.40
Sprott Strategic Fixed Income Fund (SFI.UN): $437.50
Enbridge Inc. (ENB): $1 236.2
Agrium Inc. (AGU): $2 770.82
Canadian Utilities Limited (CU): $1 565.55
Veresen Inc. (VSN): $825.66
Chorus Aviation Inc. (CHR.B): $658.32

Crescent Point Energy Corp (CPG): $848.10
JFT Strategies Fund (JFS.UN): $1 918
Keg Royalties Income Fund (KEG.UN): $748

Geovencap Inc. (GOV): $1

Healthlease Properties Real Estate Investment Trust (HLP.UN): $1 127

Bombardier Inc. (BBD.B): $535.60

Heroux-Devtek Inc. (HRX): $517.55

Black Diamond Group Ltd (BDI): $566.50

Emera Inc. (EMA): $900.75

TOTAL: $126 853.21

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): $1 990.76
Cash: $4.12

TOTAL: $1 994.88

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): $25.59
Dumont Nickel Inc. (DNI): $632.50
Sprott Physical Silver Trust UTS (PHS.U): $2 580.60
Cash: $5.60

TOTAL: $3 244.29

RSP investment portfolio:
Sprott Canadian Equity Fund: $4 822.32
Claymore Gold Bullion ETF (CGL): $5 090.28
EnCana Corporation (ECA): $1 978.63
Emera Incorporated (EMA): $7 998.66
Sprott Physical Silver Trust UTS (PHS.U): $860.20
Cash: $6 044.95

CIBC Dividend Growth Fund: $594.94
CIBC Emerging Markets Index Fund: $332.92
CIBC Monthly Income Fund: $1 066.24

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

GIC National Bank: $1 227.70
GIC Plus TD: $500

Maritime Life International Equity Fund
(Templeton): $584.15
Manulife Simplicity Growth Portfolio: $926.87
Maritime Life CI Harbour Seg Fund: $1 100.31
Maritime Life Fidelity True North Seg Fund: $1 064.82
Manulife GIF MLIA B World Invest: $703.16

Great-West – various: $1 957.04
Various other mutual funds: $675

TOTAL: $38 607.55

Social Capital at Desjardins Membership share: $40

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
($112.43):
$170 864.05