I got on a few shares of Telus Corporation (T) at $69.52 per share. Anywhere below the 52 weeks highest (which is over $70) is good enough for me. I wanted to get in Telus BEFORE the fabulous event of the 1 for 2 split. I am very excited!!!
Welcome in Telus and make me become richer than what I have now ok? In other words, go and KICK some serious ASS. But not mine.
Ok so now, I am getting ready and my mom will have to wake up.
Thursday, March 28, 2013
Welcome in my RRSP portfolio Stella-Jones Inc. (SJ
My mom arrived late yesterday night and she's actually catching up on her beauty sleep. My brother is coming over later on this evening. He's not that far away, he's in Ottawa, so its going to be a quick bus ride. So its going to be a fun get together right here in Montreal!
Starting in June, Premium Brands Holdings Corporation (PBH) is going to increase its dividend by 6.3%! This is great news because I have face a decreased in my dividend since I sell my trouble Atlantic Power Corporation (ATP) shares. The annual increased for me represent an extra $32.78 in my pockets. And the best part is this: with this increased, my annual dividend income for 2013 would be of $7 307.99. It make $607 in monthly income (or equivalent because I don't get that every months but... the $610 monthly rent payment is almost reach!). Yeah!
While my little mommy asleep I just get on my hands on something I barely talked about: Stella-Jones Inc. (SJ). I got a few shares at $76.46. I had been following this one for the past couple days and when the stock fall behind the 80 bucks, I decided to kick in. SJ chart since its early beginning is stunning. Grow grow grow. Will it continue? I don't know, but I guess Stella-Jones Inc. (SJ) is a better alternative than Rob Carrick Richardson Packaging Income Fund (RPI.UN).
I hope my mom will be done with her beauty sleep soon because I want to go shopping.
Starting in June, Premium Brands Holdings Corporation (PBH) is going to increase its dividend by 6.3%! This is great news because I have face a decreased in my dividend since I sell my trouble Atlantic Power Corporation (ATP) shares. The annual increased for me represent an extra $32.78 in my pockets. And the best part is this: with this increased, my annual dividend income for 2013 would be of $7 307.99. It make $607 in monthly income (or equivalent because I don't get that every months but... the $610 monthly rent payment is almost reach!). Yeah!
While my little mommy asleep I just get on my hands on something I barely talked about: Stella-Jones Inc. (SJ). I got a few shares at $76.46. I had been following this one for the past couple days and when the stock fall behind the 80 bucks, I decided to kick in. SJ chart since its early beginning is stunning. Grow grow grow. Will it continue? I don't know, but I guess Stella-Jones Inc. (SJ) is a better alternative than Rob Carrick Richardson Packaging Income Fund (RPI.UN).
I hope my mom will be done with her beauty sleep soon because I want to go shopping.
Tuesday, March 26, 2013
About Just Energy Group Inc. (JE)
I have a few days of vacation ahead and its going to be a family camping in my one and a half apartment. So you won't hear from me for a little while. I haven't been that much active around here. Its quite busy at work.
Yesterday, Just Energy came up with a press release regarding their finances and also regarding their dividend.
Please read this: "Ken Hartwick, Chief Executive Officer, added: "The long-term strategy of our business, which focuses on profitable growth remains unchanged. We expect to continue to gain market share throughout our existing footprint in North America and in the United Kingdom, increase customer value via product bundling, continue to pay an industry leading dividend, pay down debt and identify new methods to drive long-term growth. Just Energy has a strong track record of customer, gross margin and embedded margin growth and we believe this strategy will serve to further enhance these metrics over the long-term and un-lock shareholder value. Our expectations for fiscal 2014 will allow us to achieve both growth and debt reduction while maintaining the current dividend. In addition, the new customers we expect to add will further improve our balance sheet in future years.""
Can investors believe him?
Ken Hartwick is a fellow that is also involve in Atlantic Power Corporation (ATP). Currently, ATP is facing many law suites because they broke their promises regarding their dividend. And it seem to me that by decreasing its dividend, Just Energy entered in the foot steps of Atlantic Power Corporation (ATP). I am a fan of Just Energy but I am not exactly a fan of Ken Hartwick. Is Ken Hartwick responsible in any ways for the flop regarding ATP?
I don't know anything about it, but I am really concern that he might have play a role and I don't really like Ken Hartwick as CEO of Just Energy. Why does Rebecca decided to step down on her empire? Enough rich? I don't have a clue. But having Ken so closely related to the trouble company that is now Atlantic Power Corporation is a real pain in the ass to Just Energy.
I think that investors are scared of the relation that may exist between Atlantic Power Corporation (ATP) and Just Energy Group Inc. (JE).
What do you think?
Yesterday, Just Energy came up with a press release regarding their finances and also regarding their dividend.
Please read this: "Ken Hartwick, Chief Executive Officer, added: "The long-term strategy of our business, which focuses on profitable growth remains unchanged. We expect to continue to gain market share throughout our existing footprint in North America and in the United Kingdom, increase customer value via product bundling, continue to pay an industry leading dividend, pay down debt and identify new methods to drive long-term growth. Just Energy has a strong track record of customer, gross margin and embedded margin growth and we believe this strategy will serve to further enhance these metrics over the long-term and un-lock shareholder value. Our expectations for fiscal 2014 will allow us to achieve both growth and debt reduction while maintaining the current dividend. In addition, the new customers we expect to add will further improve our balance sheet in future years.""
Can investors believe him?
Ken Hartwick is a fellow that is also involve in Atlantic Power Corporation (ATP). Currently, ATP is facing many law suites because they broke their promises regarding their dividend. And it seem to me that by decreasing its dividend, Just Energy entered in the foot steps of Atlantic Power Corporation (ATP). I am a fan of Just Energy but I am not exactly a fan of Ken Hartwick. Is Ken Hartwick responsible in any ways for the flop regarding ATP?
I don't know anything about it, but I am really concern that he might have play a role and I don't really like Ken Hartwick as CEO of Just Energy. Why does Rebecca decided to step down on her empire? Enough rich? I don't have a clue. But having Ken so closely related to the trouble company that is now Atlantic Power Corporation is a real pain in the ass to Just Energy.
I think that investors are scared of the relation that may exist between Atlantic Power Corporation (ATP) and Just Energy Group Inc. (JE).
What do you think?
Saturday, March 23, 2013
My debt situation on date of March 23, 2013
$4 900 at a low interest rate of 4% (credit line rates) = $196 in annual interest
$7 928.54 on a credit card at a low interest rate of 2.9% (result of a credit card balance transfer) = $229.93 in annual interest
$8 000 on
a credit card at a low interest rate of 1.9% (result of a credit card balance
transfer) = $152 in annual interest
$6 115.53 at low interest rate loan at 5.50% (student loan) = $336.35 in annual interest
$5 000 at 8.75% (credit line) = 437.50$ in annual interest PAID OFF
$10 000 at 9.30% (credit line rates) = $930 in annual interest PAID OFF
$6 115.53 at low interest rate loan at 5.50% (student loan) = $336.35 in annual interest
$5 000 at 8.75% (credit line) = 437.50$ in annual interest
$10 000 at 9.30% (credit line rates) = $930 in annual interest
$50 833.96
at a low interest rates of 4.25% (margin money coming from my broker account):
= $2 160.44 in annual interest
$1 827.47 at 0.99% for a year (with American Express) = $18.09 PAID OFF
TOTAL: $77 778.03
TOTAL in annual interest: $3 074.72
[In date of March 23, 2013]
TOTAL: $77 778.03
TOTAL in annual interest: $3 074.72
[In date of March 23, 2013]
My portfolio value on date of March 23, 2013
Savings: $1 136
Non registered Investments:
Stocks and Units investment portfolio $CAN
Sprott Inc. (SII): $3 667.15
Timminco (TIMNF): $0.40
Blue Note Mining (BNT): $6
Bank of Nova Scotia (BNS): $6 539.50
Hanwei Energy Services (HE): $45
Methanex Corporation (MX): $4 276.56
Fortis Inc. (FTS): $3 673.30
Pembina Pipeline Corporation (PPL): $14 405.16
Just Energy Group Inc. (JE): $5 307.04
Pengrowth Energy Corporation (PGF): $1 237.40
Enbridge Income Fund Holdings Inc. (ENF): $8 514.22
Corby Distilleries Limited (CDL.A): $2 264.35
Davis + Henderson Corporation (DH): $4 637.52
Premium Brands Holdings Corporation (PBH): $7 974
EnCana Corporation (ECA): $4 051.84
iShares S&P/TSX Capped REIT Index (XRE): $2 616.46
Horizons Gold Yield Fund (HGY): $1 765.71
Canfor Pulp Products Inc. (CFX): $1 277.64
New Flyer Industries Inc. (NFI): $2 115.36
Canfor Pulp Products Inc. (CFX): $1 277.64
New Flyer Industries Inc. (NFI): $2 115.36
Exchange Income Corporation (EIF): $9 053.46
Rogers Sugar Inc. (RSI): $603.25
Student Transportation (STB): $659
Colabor Group Inc. (GCL): $782.34
TMX Group Inc. (X): $441.84
Data Group Inc. (DGI): $1 577.48
K-Bro Linen Inc. (KBL): $3 305
Westshore Terminals Invest Corp (WTE): $5 767.08
WesternOne Inc. (WEQ): $3 287
First Majestic Silver Corp (FR): $1 706
Kinross Gold Corp (K): $1 256.32
TransCanada Corp (TRP): $1 240.25
Canadian National Railway Co (CNR): $3 980
Firm Capital Mortgage Investment Corporation (FC): $545.20
Enbridge Inc. (ENB): $1 312.08
Agrium Inc. (AGU): $2 676.70
Canadian Utilities Limited (CU): $1 615.53
Veresen Inc. (VSN): $861.96
Chorus Aviation Inc. (CHR.B): $638.04
Rogers Sugar Inc. (RSI): $603.25
Student Transportation (STB): $659
Colabor Group Inc. (GCL): $782.34
TMX Group Inc. (X): $441.84
Data Group Inc. (DGI): $1 577.48
K-Bro Linen Inc. (KBL): $3 305
Westshore Terminals Invest Corp (WTE): $5 767.08
WesternOne Inc. (WEQ): $3 287
First Majestic Silver Corp (FR): $1 706
Kinross Gold Corp (K): $1 256.32
TransCanada Corp (TRP): $1 240.25
Canadian National Railway Co (CNR): $3 980
Firm Capital Mortgage Investment Corporation (FC): $545.20
Enbridge Inc. (ENB): $1 312.08
Agrium Inc. (AGU): $2 676.70
Canadian Utilities Limited (CU): $1 615.53
Veresen Inc. (VSN): $861.96
Chorus Aviation Inc. (CHR.B): $638.04
Crescent
Point Energy Corp (CPG): $865.48
JFT Strategies Fund (JFS.UN): $1 970
Geovencap Inc. (GOV): $0.60
JFT Strategies Fund (JFS.UN): $1 970
Geovencap Inc. (GOV): $0.60
Bombardier
Inc. (BBD.B): $527.80
Heroux-Devtek
Inc. (HRX): $451
Black
Diamond Group Ltd (BDI): $532
Emera
Inc. (EMA): $868.50
Cineplex
Inc. (CGX): $842.50
TOTAL: $121 741.89
Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): $1 792.94
Cash: $4.12
TOTAL: $1 797.06 US
Tax-free savings account (TFSA):
EnerCare Inc. (ECI): $27.24
Dumont Nickel Inc. (DNI): $186.88
Sprott Physical Silver Trust UTS (PHS.U): $2 325.60
Sprott Strategic Fixed Income Fund (SFI.UN): $427.50
Healthlease
Properties Real Estate Investment Trust (HLP.UN): $1 040
Keg
Royalties Income Fund (KEG.UN): $764.50
RioCan
Real Estate Investment Trust (REI.UN): $953.75
Precious
Metals and Mining Trust (MMP.UN):
$900
Cash: $53.45
TOTAL: $6 678.92
RSP investment portfolio:
Sprott Canadian Equity Fund: $4 299.90
iShares Gold Bullion Fund (CGL): $4 846.92
EnCana Corporation (ECA): $2 006.44
Emera Incorporated (EMA): $7 781.76
Sprott Physical Silver Trust UTS (PHS.U): $775.20
TOTAL: $6 678.92
RSP investment portfolio:
Sprott Canadian Equity Fund: $4 299.90
iShares Gold Bullion Fund (CGL): $4 846.92
EnCana Corporation (ECA): $2 006.44
Emera Incorporated (EMA): $7 781.76
Sprott Physical Silver Trust UTS (PHS.U): $775.20
Toronto-Dominion Bank (TD): $1 259.40
Cash: $4 793.86
CIBC Dividend Growth Fund: $601.03
CIBC Emerging Markets Index Fund: $316.09
CIBC Monthly Income Fund: $1 064.58
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: $945.96
Maritime Life CI Harbour Seg Fund: $1 119.93
Maritime Life Fidelity True North Seg Fund: $1 094.10
Manulife GIF MLIA B World Invest: $736.95
Great-West – various: $1 957.04
Various other mutual funds: $675
TOTAL: $37 665.37
Social Capital at Desjardins Membership share: $40
Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
($104.96):
$169 164.20
Cash: $4 793.86
CIBC Dividend Growth Fund: $601.03
CIBC Emerging Markets Index Fund: $316.09
CIBC Monthly Income Fund: $1 064.58
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: $945.96
Maritime Life CI Harbour Seg Fund: $1 119.93
Maritime Life Fidelity True North Seg Fund: $1 094.10
Manulife GIF MLIA B World Invest: $736.95
Great-West – various: $1 957.04
Various other mutual funds: $675
TOTAL: $37 665.37
Social Capital at Desjardins Membership share: $40
Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
($104.96):
$169 164.20
Rob Carrick new sexy darling: Richardson Packaging Income Fund (RPI.UN)
I just read Susan Brunner post about Atlantic Power Corporation. Its not the first time she's written about this company. Its quite fascinating to know that this company its not earning any money, but they pay out a huge amount only to support their dividend distribution. I used to have Atlantic Power Corporation in my portfolio. That was back in 2011. I recently sell ATP, a few days ago. And I am very happy that I did. Since I sell my shares of ATP, I just continue watching the stock going up and down. But now, I must say that I am very very sure I did the right move.
Friday was pay day but after rent, student loan and banking fees, I only have left a tin cuty little $425. And my mom is visiting me for Easter so its kind of pretty sure that I will be spending a bit of money... Spring is slowly coming. It a major deception to see that snow on Montreal while we didn't have any left. I am not a winter fan.
Rob Carrick is slowly getting better at what he does. After the boring usual financial articles, he now decided to feed us with some better stuff. Ok, just read this: "A small-cap stock with a large-cap dividend"... I know, it is hard to believe that something soooo cooollll is coming from the pen of Rob Carrick. It change from the usual boring blabla about should I invest in real estate and other even more boring stuff. In a middle class situation, you need to be a complete moron to buy in a city. And if you buy now in Montreal, its mean you are much more than a moron.
For once, Rob Carrick have it all and he finally understood that the blablabla about real estate and retirement is simply of no interest at all. Carrick hot new dividend stock is: Richardson Packaging Income Fund (RPI.UN). The fund pay something like a 8% dividend yield. After I had sold ATP, I need to restructure my portfolio and finally get organize. Currently, my projected annual dividend income for 2013, without counting RRSP, is of $7 288.87. I taught it was going to lot less, like of the like of 6 500... CATASTROPHIC. But no, I am at $7 288.87 ($607.41 annually). My monthly rent is at $610 per month, so I almost almost able to cover my rent. $610 is quite a bunch of money just for rent. I could spend less in rent, but I will have to move and I probably will have to take the metro everyday to go to work, another $80 expense.
I am thinking of investing a 1k in Richardson Packaging Income Fund (RPI.UN) inside my TFSA. That way, I will be back on where I used to be in term of dividend earnings, and the equivalent of my monthly rent will be pay. RPI.UN is cheap and its value is always around the $10 per unit. This is not a fabulous grow stock, but the company is interesting for its dividend and stability in the value. I wouldn't recommend to invest thousands in this one, but a 1k would just do the thing, a mini dividend juicy boost.
I previously chat a bit about Telus Corporation (T). I am thinking of adding that one to my RRSP. I have a 4k in cash inside my RRSP. Investing a 2k in Telus would just do the thing. I used to also have my eyes on BEP.UN, but I prefer to buy it at a lower price. This title is quite volatile and it doesn't really worth it to buy BEP.UN on top of its game. As for Telus Corp, I don't have any problem at buying at anytime.
I am just surprise at my abilities to deal with hell and still be able to pop it like heaven in term of dividend. My hell been with ATP and its now completely offer. Or almost. I enroll in a class law suite against ATP with a New York Firm, Levi & Korsinsky. I hope to get my hands on a few hundreds with that one. I don't mind if it take 2, 3, 4 or 5 years because I haven't lost my skirt on that one, but $1 900.
Losing a 2k or so on a stock didn't got me down to the ground. I actually felt much much better once ATP was out of my portfolio. Fact is, I can declared that amount (2k) as a capital loss. And currently, my non-registered is at $121 536.97, +0.79$, +$958.22. Since the economy is getting better in the States, I think my portfolio could gain, I hope, something like 5% by the end of the year if I continue doing smart investing moves and stop gambling with my money. Its pretty much achievable. Just like earning a 8k in annual dividend. I am just missing $643.49 ($53.62). Almost there.
Friday was pay day but after rent, student loan and banking fees, I only have left a tin cuty little $425. And my mom is visiting me for Easter so its kind of pretty sure that I will be spending a bit of money... Spring is slowly coming. It a major deception to see that snow on Montreal while we didn't have any left. I am not a winter fan.
Rob Carrick is slowly getting better at what he does. After the boring usual financial articles, he now decided to feed us with some better stuff. Ok, just read this: "A small-cap stock with a large-cap dividend"... I know, it is hard to believe that something soooo cooollll is coming from the pen of Rob Carrick. It change from the usual boring blabla about should I invest in real estate and other even more boring stuff. In a middle class situation, you need to be a complete moron to buy in a city. And if you buy now in Montreal, its mean you are much more than a moron.
For once, Rob Carrick have it all and he finally understood that the blablabla about real estate and retirement is simply of no interest at all. Carrick hot new dividend stock is: Richardson Packaging Income Fund (RPI.UN). The fund pay something like a 8% dividend yield. After I had sold ATP, I need to restructure my portfolio and finally get organize. Currently, my projected annual dividend income for 2013, without counting RRSP, is of $7 288.87. I taught it was going to lot less, like of the like of 6 500... CATASTROPHIC. But no, I am at $7 288.87 ($607.41 annually). My monthly rent is at $610 per month, so I almost almost able to cover my rent. $610 is quite a bunch of money just for rent. I could spend less in rent, but I will have to move and I probably will have to take the metro everyday to go to work, another $80 expense.
I am thinking of investing a 1k in Richardson Packaging Income Fund (RPI.UN) inside my TFSA. That way, I will be back on where I used to be in term of dividend earnings, and the equivalent of my monthly rent will be pay. RPI.UN is cheap and its value is always around the $10 per unit. This is not a fabulous grow stock, but the company is interesting for its dividend and stability in the value. I wouldn't recommend to invest thousands in this one, but a 1k would just do the thing, a mini dividend juicy boost.
I previously chat a bit about Telus Corporation (T). I am thinking of adding that one to my RRSP. I have a 4k in cash inside my RRSP. Investing a 2k in Telus would just do the thing. I used to also have my eyes on BEP.UN, but I prefer to buy it at a lower price. This title is quite volatile and it doesn't really worth it to buy BEP.UN on top of its game. As for Telus Corp, I don't have any problem at buying at anytime.
I am just surprise at my abilities to deal with hell and still be able to pop it like heaven in term of dividend. My hell been with ATP and its now completely offer. Or almost. I enroll in a class law suite against ATP with a New York Firm, Levi & Korsinsky. I hope to get my hands on a few hundreds with that one. I don't mind if it take 2, 3, 4 or 5 years because I haven't lost my skirt on that one, but $1 900.
Losing a 2k or so on a stock didn't got me down to the ground. I actually felt much much better once ATP was out of my portfolio. Fact is, I can declared that amount (2k) as a capital loss. And currently, my non-registered is at $121 536.97, +0.79$, +$958.22. Since the economy is getting better in the States, I think my portfolio could gain, I hope, something like 5% by the end of the year if I continue doing smart investing moves and stop gambling with my money. Its pretty much achievable. Just like earning a 8k in annual dividend. I am just missing $643.49 ($53.62). Almost there.
Monday, March 18, 2013
Hey, what's up with the TFSA at TD Waterhouse buddy
My non-registered portfolio is at $122 203.72, +$1 624.97. I have great gain with stuff like Methanex (MX). I bought my shares during the 2008 stock crash... And now, the value had more than double... At least on that one. I took a quick look at Atlantic Power Corporation (ATP). Was it a great move for me to sell ATP? OH YES. Now, I really have no doubt about it.
I find it somewhere soooo innocent and sweet the last post from mine (after reading the comments, I find it very funny). Now you can tell yourself: the bitch really doesn't know what she's talking about. I was dreaming of a double dividend on a split. Who knows, maybe that's what going to happen!!! LOL. I am just wondering how in the world can some people wrote that I am retarded. Canadians are no longer what they used to be.
Remember that investment I made inside my TFSA in Precious Metals and mining Trust (MMP.UN)? Well, the investment is up to $5 per share, very closed to what I bought it. I now have $53 in cash and I would like to get it in cash. Problem is, with TD Waterhouse, it used to be like this: one withdraw per year, after one, you pay fee!!! I don't know if its like this still, but no matter what, with a portfolio that exceed the 100k value, what the hell TD Waterhouse, you need to obey me, and give me what I want.
This is not Alice in Wonderland, its the real life story of the Dividend Girl!!!
I find it somewhere soooo innocent and sweet the last post from mine (after reading the comments, I find it very funny). Now you can tell yourself: the bitch really doesn't know what she's talking about. I was dreaming of a double dividend on a split. Who knows, maybe that's what going to happen!!! LOL. I am just wondering how in the world can some people wrote that I am retarded. Canadians are no longer what they used to be.
Remember that investment I made inside my TFSA in Precious Metals and mining Trust (MMP.UN)? Well, the investment is up to $5 per share, very closed to what I bought it. I now have $53 in cash and I would like to get it in cash. Problem is, with TD Waterhouse, it used to be like this: one withdraw per year, after one, you pay fee!!! I don't know if its like this still, but no matter what, with a portfolio that exceed the 100k value, what the hell TD Waterhouse, you need to obey me, and give me what I want.
This is not Alice in Wonderland, its the real life story of the Dividend Girl!!!
Saturday, March 16, 2013
My next trade? Telus Corporation (T)
I wake up really late this... afternoon lol. I got ready,
hit outside, went for a coffee. It was supposed to be a walk diet for a couple
of hours but I find it cold outside so I simply went back home and log in my
broker account. I cheat on my diet (I got a piece of cake with my coffee), but
without sugar I am nothing. I am a sugar babe.
Other than that
I didn’t eat that much so it won’t be a disaster. I am drinking water for once.
I began to feel hungry, but feeling hungry is sign that I am alive. I guess I
had loss a bit of weight but it’s impossible to say since I don’t have any scale.
I really need to go for a walk tomorrow or nothing will happen. Or I just keep
going with the feeling hungry syndrome.
Once back home, I was quite happy to see my non-registered
portfolio at $122 157, +1.31% (+$1 577.99). I am expecting an interesting month
for my dividend income, something around $700 I guess. I am getting paid this
week so I will have a little something left to invest in something new. My
margin value is at $16 527.19 and I have 25k available on my credit lines for
emergencies. I plan to invest inside my TFSA so whatever money made will be
100% free of tax. I am slowly getting there, but the major reason is that my
portfolio is stronger now, but I am still using a great deal of my margin.
I am just very happy that Atlantic Power Corporation (ATP)
is no longer from my portfolio. ATP closed last Friday session at $5.46. If I
would have continue to that “sucker” as name by the one and only Lou Schizas, I
would had fall into depression. The stress endured for holding ATP is
unbelievable. I had trouble to fall asleep because I was thinking of that shit
over and over again. I went through a lot of thing in my years of investment
but I never had trouble to get my beauty sleep because of what I was doing on
the stock market. Another situation that really stressed me out is when the
earthquake happened in Japan. I really taught that the TSX was going to take an
in deep plunge, but it didn’t. It was also a humanitarian sad event. It wasn’t
exactly easy. But those events had no effect on the Canadian stock market –
which I find very strange. The TSX take a hit every single time something bad
is announced regarding the Euro zone, but when something really bad happen in a
financial healthy country, nothing happen.
I may had loss $1 900 by selling ATP, BUT, that money will
be declared as a capital loss (meaning kind of a tax credit) AND also, well just
look at it now, my portfolio is at +$1 577.99, which is terribly close to the $1
900 and I have like 2k available for new investments and dividend income just
keep coming kicking off. I am not dealing with a catastrophic situation here.
It is not too bad. I am actually quite pleased on how well things are going. Class
actions just continue to pop up one after the other against Atlantic Power
Corporation (ATP). The latest on the list being Morgan & Morgan. I signed
in with Levi & Korsinsky and things are now officials. On March 15, Levi
& Korsinsky has commenced a class action lawsuit. I hope to be able to get
a few hundred. I have no idea on how much I can earn, but at least, I have
battle for my investor rights, you need to respect that.
Following my comment on his blog, Lou wrote me an email:
“Hey Sunny,
As I was taught - cut your loses and get to your next trade!
Happy Capitalism!”
As I was taught - cut your loses and get to your next trade!
Happy Capitalism!”
Too kind. Thank you Lou. I like the fellow. Happy
Capitalism is his trade mark sentence, the pitch of a ball. Mine is Hot and Sexy Sugar Babe addicted to sugar and other stuff you don't really want to read about on a financial blog.
For now, I am thinking of my next investment. And I cannot
really wait! I am interested by BEP.UN, by the ABC stock of Derek Foster and a
few other I talked about previously. I am always looking for new stocks to
invest in. Readers are good to give me some hot picks. But sometimes, reader
picks are too hot. I don’t want to burn myself anymore. I don’t want any more
night of insomnias. I just want a portfolio that I can rely on, I want to be
able to go to work without having to stress about my portfolio when I really
have no time to full around.
This chick knows what she wants. In his latest newsletter,
Derek Foster chatted about Colgate that’s going to split 1-2. Nice, but Colgate
is a US stock. And it is also, I guess, terribly expensive (I didn’t look at
its price value). Image this: I have found my very own sexy and Canadian split
1 for 2... It’s a company I talked about investing in and now is just the
perfect time. It is the perfect time to invest in Telus Corporation (T)!
During a stock split, generally speaking, after the split,
usually, the stock title gains value. And also, a stock split means you are in
position of doubling the dividend income on the stock. Let say that on Monday I
invest in 30 stocks of Telus, after the split, 1 for 2, I will own 60 stocks of
Telus and my dividend income on the stock will go from let say $60, to $120.
That’s kind of hot isn’t? It is really hot. So I guess that this time, I really
had come with my very next stock pick.
I recommend to all an investment in Telus BEFORE the split event
because it’s going to be sexy cool and $$$, super lucrative.
Wednesday, March 13, 2013
Atlantic Power Corporation (ATP) is no longer from my portfolio
Lou Mailbag just wrote an awesome post on ATP, on which I comment. Basically, Lou is saying everything I am thinking of ATP. I registered a capital loss of $1 900 and I was able to get my hands back on $1 300 that I will later on reinvest once I get plug in on something better.
I completed the transaction on March 11. Once completed, I felt much much better. Sure, its a pain in the ass to be losing $1 900, but $1 900 is not that much of a big deal. I didn't feel sad and I don't feel sad of it now. I just feel better. And after reading Lou latest post about ATP, I am feeling even better about my decision.
ATP is not longer from my portfolio.
I am currently looking for a part-time job as a cleaning lady. It will be a good way for me to get the exercise that I terribly need and also, it will help me recover from that close 2k loss.
The result of my portfolio was very good anyway. I was at the very close 123k yesterday for my non-registered portfolio.... but today, it felt to something of the like 118k.
I am going to bed now, I am tired already.
The diet is going on well.
I completed the transaction on March 11. Once completed, I felt much much better. Sure, its a pain in the ass to be losing $1 900, but $1 900 is not that much of a big deal. I didn't feel sad and I don't feel sad of it now. I just feel better. And after reading Lou latest post about ATP, I am feeling even better about my decision.
ATP is not longer from my portfolio.
I am currently looking for a part-time job as a cleaning lady. It will be a good way for me to get the exercise that I terribly need and also, it will help me recover from that close 2k loss.
The result of my portfolio was very good anyway. I was at the very close 123k yesterday for my non-registered portfolio.... but today, it felt to something of the like 118k.
I am going to bed now, I am tired already.
The diet is going on well.
Sunday, March 10, 2013
It’s a portfolio and a dividend girl body disaster
It’s official; I began my weight loss program yesterday. Now, the trick
is to keep REMEMBERING that I am on a weight loss program. LOL. Losing weight
is really not a major priority but I will look sexier in a bathing suit if I
lose a few pounds. How much do I need to lose? I won’t tell, but it’s not
enormous. I am not a very big fat girl. I don’t have a scale so I have no clue
of what I am at right now. This mean no eating out, bringing my lunch at work,
and also healthy snack, eating breakfast home and drink more water.
:)
I am not into soft drink, I don’t eat chip, but I have a sweet teeth. I
need to cut on the sugar and everything that taste sweet. So far so good, I
felt like eating a chocolate bar yesterday and while I was going to buy it, I
look at the number of calories.... over 200 calories for a Caramilk. So I
simply put back the exquisist chocolate bar on its rack and that was it!
I gained weight about 2 years ago while working at 3 jobs at the same
time. I was working most of the time and I wasn’t exercising enough. I used to
spend all my weekend walking around in Montreal, but at a point, I was working
even during the weekend and when I hit back home, I usually hit my bed.
Unfortunately, I haven’t work at fixing the problem ever since. Part of the
reason because I find myself pretty anyway. But it will be nice to have
everything thigh up. I have a bit of a bully I want to get rid for my wealth
and also well to look sexier completely naked and of course, post the pictures
online.
I am not naturally slim and I am not a naturally pretty girl. I need to
watch out a lot to be slim and I need to apply makeup and I need my hair
coloration to be a pretty cute girl. I am like those superstars: without
makeup, I am nothing.
Did I finally catch your attention now?
;))))
I never had been afraid to face my problems. It’s just a matter for me
of getting into it, see what I mean.
I have attack my booty body problem and now what?
A punch in the face to Pauline Marois?
I have better thing to do than losing my time with Quebeckers.
I am a real girl with a real portfolio and right now, I am facing a bit
of trouble with my portfolio. While facing problems, the worst you can do is to
have a passive attitude. Right now, I have problems with a few stocks: ATP, DGI
and JE are among the worst of what I am holding in my portfolio.
Currently, I am very concern about Atlantic Power Corporation (ATP).
Last week, I join Levi & Korsinsky, LLP regarding a possible law
suit against Atlantic Power Corporation (ATP). To my surprise, I just notice
today that there’s many other US law firm who have started a similar
investigation: Law Firm Johnson & Weaver, LLP, Holzer & Fistel, LLC,
Ryan & Maniskas, LLP, Briscoe Law and Powers Taylor. There might be other
law firms doing exactly the same thing.
In a two questions interview with Derek Foster, I asked him one of the
2 following question:
2. THE DIVIDEND GIRL: When you
realize you just did one big investment mistake, how do you react? What do you
do? Is selling the bad investment on which money is already been lost anyway
and reinvest in a quality stock is the best way to get over it?
DEREK FOSTER: I've made my share
of stupid stock buys (and anyone who invests will at some point). If the
quality of the company is not very good and I was wrong in buying it, I
generally will look for a good time to sell it and reinvest in quality stocks.
However, if it's just a short-term problem and the fundamentals of the company
are still good long-term, you're usually better to simply hang on.
In my search of answer on if I should sell or not my investment in ATP,
I remember – and we talked about this previously – the post of Susan Brunner
about ATP. I also remembered Susan posting here on my blog regarding a comment
I made... It was a long time ago. I was young, I had money to invest, and more
than anything, I wanted the BIG dividend cash. But let say I learn my way.
The most amazing thing ever is that despite it all, my portfolio is
taking the hit, my non-registered is at $123 906, with a gain of +0.03%...
Despite DGI, JE, ATP, I am getting the head out of the water... But will it
last?
This is what the analysis of TD Waterhouse has to say about ATP, among
other “ATP is
not profitable”. I don’t understand it at all, but I clearly understand the
part “ATP is not profitable”.
Let’s go back to Derek Foster. Let’s read him again, over and over
again:
“If the quality of the company is not very good and I was wrong in buying
it, I generally will look for a good time to sell it and reinvest in quality
stocks. However, if it's just a short-term
problem and the fundamentals of the company are still good long-term,
you're usually better to simply hang on.”
From the very start, the quality
of the company hasn’t been really good. Atlantic Power Corporation (ATP)
problems are not short-term....
I began writing this post earlier
today, I went for my diet walked, went back home... I am trying to find the
answer to my question: should I sell or hold ATP?
It is now 7:50 PM on March 10 on
the weekend my mom is celebrating her birthday.
I would like you to read this: “If
the dividend is cut or eliminated there will be more pain and suffering for
investors.”
And also: “The move up from the 52-week low seems to be in response to
a severely oversold position as opposed to real enthusiasm for the growth
prospects for the company. I don’t see ATP as a buy.”
Those sentences were written back in December 21, 2012 by Lou Schizas. I like to read Lou Schizas opinions in the Globe
and Mail. While browsing the Web, trying to find out more about Atlantic Power
Corporation (ATP) desperate situation, I went through different forums, my
blog... and Lou Schizas blog, Happy Capitalist, among other.
All of what I am reading is pointing at the same direction: a sell and
a no no buy.
I had a fellow blogger who wrote me once about ATP, asking me he should
invest in it. That was a couple of weeks ago. My answer to him was not to
invest in ATP, that I had missed my chance to sell at profit when I could. That
fellow blogger received a very good advice that day!
So why I am able to provide good advice like that while I am stuck with
some losers in my portfolio?
The problem being, once you have in your portfolio a troublemaker
stock, it’s very difficult to deal with it. The assets of ATP are still there,
the company exist and make money, but their very high level of debt is scary
and they are now paying the price for their too high dividend distribution. ATP
is facing major sell off... etc... and lawsuits too....
There’s really no way out and being there, continuing to hold the stock
without doing anything more is just not ok anymore.
Now, it’s 8 PM and I am 90% sure that I will sell ATP.
As for data Group Inc. (DGI), I feel comfortable holding it for now, especially
when the stock had recently gain some value. I also don’t have any problem for
holding Just Energy (JE) at this present time.
My only concern at this time is ATP.
My body can be fix but can my portfolio be?
It’s now 8:44 PM and I am now done with this damn post.
Subscribe to:
Posts (Atom)