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!