Eric Sprott Physical Silver PHS.U Rock

What did I told you about the Sprott Physical Silver (PHS.U)??? I knew it! PHS.U is now at 15$ per unit. This bring in an immediate profit of 56.40$, but I won't sell my units of PHS.U now.

That's the power of silver.

If you had made an investment mistake, and look for a way to catch up and recover, well, PHS.U is the perfect investment for that!

Go go go!

:0)

I just sell my stocks of Superior Plus Corp. (SPB)

Hello investors!

Directly from New Brunswick, I sell my stocks of Superior Plus Corp. (SPB) for an amount of 2 252$, 11.31$ per stock. Selling was the only way out as I could not continue very long with Superior Plus Corp. (SPB). Too stressful.

I also sell my stocks of BA, for an amount of 5 430.25$ (26.75$ per stock) and I reinvested the money in 470 units of the Sprott Physical Silver (PHS.U) at 14.88$. I know I can make good money out of PHS.U. I wanted to sell BA just to be able to use the money for leverage in PHS.U. If I sell BA, it was only to have more cash available to invest in PHS.U. So watch out for silver, it's my next big thing!

Got to go for now.

Place a sell order for SPB

This past Friday, I was so busy getting everything organize before leaving, that I did not follow the market. Everything look ok overall, at the exception of SPB. I prepared a sell order for this one. On Monday, the stock market is closed, so the sale order will go through the following say. I am writing this from inside the bus. There's wifi in here. In less than 2 hours, I will be home.

Going home in New Brunswick for a visit

Yesterday I broke down but I feel a bit better now, knowing recent events. I have 2 weeks of paid vacation. Which mean I will probably be in New Brunswick for 2 weeks. After what I will come back in Montreal. No matter how bad I want to leave, I cannot leave immediately. Not to forget about my tax declaration that is coming soon. This is the perfect timing as my weekend job is going to begin soon. After what I will try to pay off some debt and see what I want to do after. That sudden event broke something deep inside me. I guess going home for 2 weeks will be good. I will go fishing on the lake maybe. And of course, I will keep you post. Or try to, as no Internet at home.

My portfolio perform very well lately. Don't hesitate to copy and borrow whatever that can fit you best.

RIP, may the light be with you

Today, my uncle who has suffering from Pakinson disease died in my little hometown of New Brunswick at the age of 64. In June, he would had been 65. It's not a tragic event in a way, as my uncle was in the terminal phase of Pakinson. His body was not answering him anymore. He could talked but it was difficult to understand him. He could no longer walked or eat normal meals since quite some time. The Parkinson disease my uncle had has nothing to do with the type of Parkinson Micheal Fox suffered from. There's absolutely nothing common between the two, this being said very quickly, without knowing anything much more than what I know from the actor condition. Back to the Future is my favorite movie of all time. Knowing Micheal Fox was suffering from Parkinson disease was such a shocked. As for my uncle, he had worked with different chemical products all of his working life and he could not had been as careful that he should. Maybe. I know the environment has something to do about Parkinson.

My uncle died today at 5:15pm Atlantic Time. It was 4:15pm here in Montreal. An hour before his dead, I was happily trading online, making big bucks from my sell of PHS.U. When I sell PHS.U, the silver units were at their highest value ever, 14.04$. I did the sell at 3:16pm exactly. And hour after, my uncle was diying. And it feel like it was my uncle last gift before he died. My uncle had always been so generous for me and my brother when we were children. He was bringing pen, papers, markers he was getting for free from work for us. Me and my brother were playing for hours on the Nintendo games belonging to his children. I also remember watching the movie E.T. at his place with my family. At a time, he was the only one who had a video player. I also remember his pets. I had done some home cleaning job when I was a teenager at his house. He had 2 sons, well employed. Today and yesterday, everything was put together to help me reach my investment goal. And yesterday, well, yesterday was the day of the 150k goal (and close to 70k in debt). But that's another story.

With the lost of my uncle, it's a part of my childhood who's going away and its feel like it will never be the same and I feel like going away from this damn Quebec province and get the hell out of here and never come again could be the right thing to do.

But than what?

With my latest investment in WTE.UN, I had reached the equivalent of 625$ per month in dividend income. I won't get a straight 625$ per month, I know what, because some companies I hold pay a dividend on a quarterly basis. I won't go far with 625$ per month in my pocket, but it's more than what I need to make the minimum payment on my debt.

Life is not good for me in Quebec province. I always had a kind of luck in everything, but this time, here in Quebec, I am loosing myself. I can't get a good job and nothing is good. My salary revision was due back in November 2010. Nothing since that time, and I ask many times. How long am I going to wait to get what I want? Am I going to loose my time here in Quebec forever?

Moving include a lot of things. I had accumulated a lot of things and I would need to move everything from here to my hometown. It's not like I just have a suitcase and I can go on a run, unfortunately.

Moving back home in New Brunswick could worked out, but that would be like I would gave up on everything and say: I quite. My problem back home would be to find employment. Also, I don't drive and well, there's no public transportation where I live... The problems are gigantic. It's almost like there's no way to end the misery. But doing a Stop Working on an annual 7 500$ make me laugh, in a way. Other than that, I don't know what to do.

New trades: WTE.UN

I sell 300 units of PHS.U at 14.04$ and I just buy 200 stocks of WTE.UN at 23.11$. I am very happy since this new investment will add up to my dividend income. 178$ x 2 = 356$. I did an amazing profit with PHS.U.

I am now at 151 053.11$

I didn't do any trades today. I just update my portfolio now. I was very curious on how much I was now since the amount for the rent of February, among other, had been debited from my savings. Even while having less in savings, I was able to reach the 150k, I even exceed it.

Currently, I hold 151 053.11$ in assets, 68 988.68$ in debt, 3 409.95$ in annual interest for the debt and 7 481.29$ in annual dividend income (non registered, TFSA + RRSP).

I am satisfy with those numbers of course, but I could worked at increasing my dividend income without adding new money to my portfolio, but that's something for later. The next natural goal would be to "my first" 200 000$... The 200k sound easy. My weekend job should be back in service in 1 or 2 weeks from now. I will focus on paying some debt.

My net worth is at a good 82 064.43. In the next couple of weeks, I will try to increase my net worth value by paying off some debt. While updating my debt section, I was surprised, because I am exceeding the 65 000$ in debt and I taught that I was close or around 65 000$, but never did I taught I was exceeding the 65 000$ of 3 thousands more... Having debt do not bother me, but since I now have what I wanted (150k in assets), well, time to pay off some debt...

WOW. This is really me saying that!!!!!

This time, I am serious about paying debt, even if it would be just a couple hundred of dollars per month. To invest, I can find thousands of dollars very easily but when it come to pay debt... it's another story. BUT... It's important to pay off debt. Remember my credit card balance transfer at 4.9% that is ending on April 2011... Debt is a reality, but also my 2010 tax declaration. I may have a couple of hundred to pay for my taxes. Debt is a reality that I can't no longer ignore.

Life is hard at this time for the Dividend Girl. I am working part-time only. Life is hard in the sense hard to make more than the minimum payment on all of my credit products. My weekend job should started within the next 2 weeks or so from what I was told. Everything happen just for a reason: TO PAY OFF DEBT. I have to keep that idea in mind and stop injecting new money to my portfolio.

Today was the day of my 150k, I need to celebrate.

My debt situation on date of February 16, 2011

9 366.58$ at a low interest rate of 4.75% (RRSP credit line rates) = 444.91$ in annual interest

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

7 925.83$ 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)
= 388.37$ in annual interest

7 766.03$ at low interest rate loan at 5.50% (student loan) = 427.13$ in annual interest

9 760$ at 7.27% (credit line rates) = 709.55$ in annual interest

29 270.24$ at a low interest rates of 4.25% (margin money coming from TD Water house): =
1 243.99$ in annual interest

TOTAL: 68 988.68$

TOTAL in annual interest: 3 409.95$
[In date of February 16, 2011]

My investment portfolio on date of February 16, 2011

Savings:
943.12$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 4 615$
Timminco (TIM): 102$
Blue Note Mining (BNT): 46$
Bank of Nova Scotia (BNS): 6 442.47$
Hanwei Energy Services (HE): 142$
Methanex Corporation (MX): 2 914.90$
Fortis (FTS): 3 562.03$
Pembina Pipeline Corporation (PPL):
9 609.15$
Just Energy Group Inc. (JE): 9 198$
Yellow Media Inc. (YLO): 2 731.20$
Bell Aliant Inc. (BA): 5 411.98$
Pengrowth Energy Corporation (PGF): 2 617.22$
Enbridge Income Fund Holdings Inc. (ENF): 5 922.45$
Corby Distilleries Limited (CDL.A): 3 599.64$
Davis + Henderson Corporation (DH):
4 246.04$
Premium Brands Holdings Corporation (PBH):
3 348.80$
EnCana Corporation (ECA): 6 134.52$
Sprott Physical Silver Trust UTS (PHS.U): 4 062$
iShares S&P/TSX Capped REIT Index (XRE): 2 206.82$
Horizons Gold Yield Fund (HGY.UN): 1 934$
Canfor Pulp Products Inc. (CFX): 1 659$
New Flyer Industries Inc. (NFI.UN): 2 380$
Superior Plus Corp. (SPB): 2 470$
Capital Power Income L.P. (CPA.UN): 1 958$
Exchange Income Corporation (EIF): 1 963$
Rogers Sugar Inc. (RSI): 1 683$
Student Transportation (STB): 1 384$
Colabor Group Inc. (GCL): 2 412$
TMX Group Inc. (X): 4 060$
Data Group Income Fund (DGI.UN): 3 990$
TD Toronto Dominion (TD): 2 011.75$
Cash: 299.05$

TOTAL: 105 116.02$

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): 3 124.40$
Dumont Nickel Inc. (DNI): 488.75$
Cash: 7.79$

TOTAL: 3 620.94$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 678.50$
Claymore Gold Bullion ETF (CGL): 4 177.68$
EnCana Corporation (ECA): 3 052$
Emera Incorporated (EMA): 6 684.70$
Cash: 87.06$

CIBC Dividend Growth Fund: 585.68$
CIBC Emerging Markets Index Fund: 408.29$
CIBC Monthly Income Fund: 1 112.73$

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: 117.29$
TD Monthly Income: 115$
TD Emerging Markets: 85.31$
TD Energy: 102.73$
TD Precious Metals: 148.60$
TD Latin American Growth: 101.28$
TD Entertainment and Communications: 131.22$
TD Dividend Growth: 220.66$
TD U.S. Mid-Cap Growth: 125.49$

Maritime Life International Equity Fund
(Templeton): 680.75$
Manulife Simplicity Growth Portfolio: 948.41$
Maritime Life CI Harbour Seg Fund: 1 138.83$
Maritime Life Fidelity True North Seg Fund:
1 114.14$
Manulife GIF MLIA B World Invest: 661.09$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 578.06$
RBC U.S. Mid-Cap Equity Fund C$: 2 139.80$
RBC Global Resources Fund: 1 351.42$
RBC O'Shaughnessy International Equity Fund: 692.63$
RBC O'Shaughnessy All-Canadian Equity
Fund: 1 260.54$
RBC Global Precious Metals Fund: 1 072.16$

TOTAL: 41 164.14$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(168.89$):
151 053.11$

Welcome to The Data Group Income Fund (DGI.UN), 600 units of DGI.UN in my portfolio

Many portfolio changes again today! I noticed that the price of PHS.U was up... so I decided to sell 300 units of Sprott Physical Silver Trust UTS (PHS.U) at 13.72$. Just the day before, I had purchased 400 units at 13.49$. This make a little profit of 69$, enough to cover the commissions on my latest stock transactions I guess. PHS.U is fun to hold, but it doesn't pay any dividend... After reading about Data Group Income Fund (DGI.UN), I found the company very great and I decided to invest in 600 units, at 6.66$ (not the exact price mention in previous post)... DGI.UN pay a good dividend and its seem to be a good hold for now.

I may sell some units of PHS.U again, but at this time, all those stocks trading exhausted me, in the sense that I don't have any time left to do anything else. I am very happy to only be working part-time at this time. Another advantage of working part-time only: Less money, less tax to pay...

With the recent changes made to my stock portfolio, I am now at 7 149.97$ in dividend income outside the RRSP (equivalent of 595.83$). Of course, I am looking forward to increase my dividend income. Having a dividend income can be kind of tricky because it can be dangerous to ONLY focus on the dividend income, and forgive about the importance of diversification. I could easily reach the 8 400$ (that being the equivalent of a 700$ per month) in dividend income, but that would just increase the level of risk I am taking.

Example: I could invest more in Superior Plus Corporation (SPB) who provided investor a dividend yield of more than 13%. I already hold 200 stocks in SPB and, from my point of view, it's enough. I read on forums some investors comments saying that they would invest in SPB if the company would be paying a reasonable yield. Because for some investors, a very high yield is a stay away alert... But that make sense in a certain way.

I promised you a new dividend payer company, and here it is: Westshore Terminals Investment Corporation (WTE.UN). Its been shared by a reader who told me that the company is hold by one of the richest man in Canada. My first reading gave me the impression that WTE.UN is an important company in Canada, but I cannot say much more at this time.