Trading Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) – Part 2

Yeah baby, I sell the units I buy previously this morning at 6.85$... I had purchased this morning 400 units of Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) at 6.65$, and I just sell about 2 minutes ago at 6.85$. 400 units was quite some money for me. After commission, I made a profit a 60.02$ on this trade.

I am very happy with this trade. A 60 bucks could appeared as being that much. Personally, I am not looking to make thousands of this kind of trades. I prefer to keep it very down to earth. If not, it could easily become out of control. I prefer to focus on dividend but trading on ETF is also interesting. I am now done for the day!

Trading Horizons BetaPro COMEX Silver Bear Plus ETF (HZD)

I received a nice pay check today and I decided to pay myself a treat: I decided to explore the silver possibilities a bit more and decided to invest in Horizons BetaPro COMEX Silver Bear Plus ETF (HZD). I purchased hundreds of units at 6.65$. And so far so good, my units are currently at 6.79$. If I am lucky, I will be able to make a 100$ profit – or maybe less. Whatever can be done in profit will be done. I will sell my units shortly before 4pm whenever a profit can be made.

For a while, I had trade Horizons BetaPro COMEX Silver Bull Plus ETF (HZU). At the time, I may had been able to generate a 100$ profit. But I won’t recommend HZU as the title is extremely difficult to hold. Extremely volatile. The title is currently at 32$. Before, the title had reached 40$, and even 50$. I won’t recommend you to trade HZU. I did it once, and I got through the hell of a roller coaster ride.

Currently, my Sprott Physical Silver Trust UTS (PHS.U) and my investment in his American brother are both loosing in value. They are both silver related investment. But today (I had to admit, I wake up late again...) when I finally wake up and log in to my broker account, I notice Horizons BetaPro COMEX Silver Bear Plus ETF (HZD) had gain more than 10%. And those gains had happen between 9:30 to 11:30 this morning... I decided to pay myself a trade treat and invest in Horizons BetaPro COMEX Silver Bear Plus ETF (HZD). Silver investment is not dead. Currently, HZD is at 6.86$! And I will sell my units before the end of the day. I will keep you post.

Investors, meet my troublemaker stocks

Just when I am back to my evening shift and have all the time of the world to focus my interest on my portfolio, the stock market is getting hit by a correction! Yesterday was pretty bad, but today is worst. My non registered stock portfolio is now at 112 319.16$, compare to 113 666.22$ on April 16, 2011. For that part of my portfolio so far, I am experiencing a loss of 1 347.06$. Not too bad. It will jump again once the market will go up again.

Titles like the following hold in my non registered portfolio are helping me to go through this market correction without too much trouble: Sprott Inc. (SII), Bank of Nova Scotia (BNS), Methanex Corporation (MX), Fortis (FTS), Pembina Pipeline Corporation (PPL), Just Energy Group Inc. (JE), Pengrowth Energy Corporation (PGF), Enbridge Income Fund Holdings Inc. (ENF), Corby Distilleries Limited (CDL.A), Premium Brands Holdings Corporation (PBH), EnCana Corporation (ECA), iShares S&P/TSX Capped REIT Index (XRE), Canfor Pulp Products Inc. (CFX), Exchange Income Corporation (EIF), Student Transportation (STB), Colabor Group Inc. (GCL), TD Toronto Dominion (TD), K-Bro Linen Inc. (KBL), Westshore Terminals Invest Corp (WTE.UN), WesternOne Equity Income Fund (WEQ.UN), Davis + Henderson Corporation (DH) and TMX Group Inc. (X).

Dividend Girl troublemakers stocks

On a completely opposite view, some stocks I hold are making things a bit more difficult:

Horizons Gold Yield Fund (HGY.UN), New Flyer Industries Inc. (NFI.UN), Capital Power Income L.P. (CPA.UN), Rogers Sugar Inc. (RSI), Data Group Income Fund (DGI.UN).

Horizons Gold Yield Fund (HGY.UN)

I initially invested 2 000$ in the Horizons Gold Yield Fund (HGY.UN) in their initial public offer in December 2010. I didn’t pay the original commission fee of 9.99$ since I made the investment inside a public offer. Currently, my investment in HGY.UN worth 1 948$.

Horizons Gold Yield Fund (HGY.UN) pays a monthly dividend of 10.84$. Horizons Gold Yield Fund (HGY.UN) dividend yield is of 6.88%. The first dividend payment that I earn in February 2011 was a bit more 14.40$. At the end of December 2011, HGY.UN reached its highest ever, which was around 10.10$. Since December, HGY.UN never reached by expectations in term of grows. By now, I taught my units would had exceed the 10$ per unit. But it’s not the case. Most of the time, HGY.UN value is under the 10$. The frustration with Horizons Gold Yield Fund (HGY.UN) comes from the fact the investment on itself never gain value. For that reason, I had classed Horizons Gold Yield Fund (HGY.UN) as a troublemaker stocks.

New Flyer Industries Inc. (NFI.UN)

In January 2011, I had invested in 200 stocks of New Flyer Industries Inc. (NFI.UN). I initially invested 2 393.99$ in NFI.UN. NFI.UN was a stock recommendation purchase made by the mountain lion hero. At the time, I was into increasing my dividend income. And with its dividend yield of 11.14%, New Flyer Industries Inc. (NFI.UN) was the perfect fit. A couple of weeks ago, New Flyer Industries Inc. (NFI.UN) published its financial result for 2010 and announced they had experiment a 10% loss. 10% is not that much, but it was enough to make the title loss in value. Currently, my investment in NFI.UN worth 2112.92$, which represent a loss of 281.07$.

New Flyer Industries Inc. (NFI.UN) didn’t cut their dividend, which is a good +. Also, NFI.UN first quarter results for 2011 were positive. New Flyer Industries Inc. (NFI.UN) is a leader in its field and I consider NFI.UN for a long term investment. Experiencing a 281.07$ is nothing at all. But of course, I would have preferred to experiment a gain instead of a loss. For that reason, New Flyer Industries Inc. (NFI.UN) is a troublemaker stock.

Capital Power Income L.P. (CPA.UN)

Capital Power Income L.P. (CPA.UN), is another one coming from the mountain lion hero. By the way, it’s the same man who recommends the super Canfor Pulp Products Inc. (CFX). Canfor Pulp Products Inc. (CFX) is one of my top performers. Anyhow, things are a bit different for Capital Power Income L.P. (CPA.UN).

I invested 1 978.99$ in Capital Power Income L.P. (CPA.UN) back in February 2011. It pay me a good and steady dividend of 14.67$ per month. Capital Power Income L.P. (CPA.UN) is absolutely perfect, but I find the title volatile, always running between 18$ to 20$+. Currently, my investment in CPA.UN worth 1 861$ and I find that hard to take. BUT a volatility is always good and in this case, we are only talking here of a 117.99$ loss. On good days, the title reached 20$+. But because of its volatility, Capital Power Income L.P. (CPA.UN) is one of my troublemaker stocks.

Rogers Sugar Inc. (RSI)

Back in February 2011, I was investing 1 696.71$ in Rogers Sugar Inc. (RSI). I invested in Rogers Sugar Inc. (RSI) for its dividend. Rogers Sugar Inc. (RSI) dividend yield is of 6.37% the yield appears to be reasonable. Currently, my investment in Rogers Sugar Inc. (RSI) worth 1 620.32$, a loss of -76.39$. Since February 2011, my investment in RSI never really gain in value. But I appreciate the dividend. On a long term, RSI may be a winner, but at this time, it’s not. For that specific reason, Rogers Sugar Inc. (RSI) is a troublemaker stock.

Data Group Income Fund (DGI.UN)

In February 2011, I invested 4 064.01$ in Data Group Income Fund (DGI.UN). Data Group Income Fund (DGI.UN) investment idea came from a reader, the same one that suggested me Exchange Income Corporation (EIF). Data Group Income Fund (DGI.UN) offers an excellent dividend yield. I am receiving more than 30$ every month on a 4 000$ investment.

The problem I am having with Data Group Income Fund (DGI.UN) is with the volatility of its value. Currently, my investment in DGI.UN worth 3 678.36$, a loss of 385.65$. Nothing to be very stress knowing DGI.UN title had suffered stocks manipulation. I am confident about DGI.UN. But because of its volatility, Data Group Income Fund (DGI.UN) is a troublemaker stocks.

Conclusion

I name Horizons Gold Yield Fund (HGY.UN), New Flyer Industries Inc. (NFI.UN), Capital Power Income L.P. (CPA.UN) and Rogers Sugar Inc. (RSI) troublemaker stocks, but they are stocks that worth being hold in a portfolio. However, I find those titles difficult to hold, compare to some stuff like Methanex Corporation (MX), Fortis (FTS), Pembina Pipeline Corporation (PPL), Just Energy Group Inc. (JE), Pengrowth Energy Corporation (PGF), Enbridge Income Fund Holdings Inc. (ENF), Corby Distilleries Limited (CDL.A), iShares S&P/TSX Capped REIT Index (XRE), Canfor Pulp Products Inc. (CFX), Exchange Income Corporation (EIF), Student Transportation (STB), Colabor Group Inc. (GCL), K-Bro Linen Inc. (KBL), Westshore Terminals Invest Corp (WTE.UN) and WesternOne Equity Income Fund (WEQ.UN), just to name a few. My troublemaker stocks are more volatile and sensible to the stock market condition than the vast majority of my non registered holding.

I got into those troublemaker stocks mostly in the first quarter of 2011, at a time where I was into increasing my dividend earning. A high dividend yield may be appealing, but it comes with a high dose of risk and volatility. And those can quickly become troublemaker stocks. I don’t anything again the companies I name as being troublemaker stocks, it’s just they are showing sign of an internal volatility – something I prefer to avoid when I invest. I think the fact I present here shows the importance of diversification inside a portfolio and, as well, the importance of not focus too much on dividend.

Interesting fact, all the holding I borrow from Derek Foster had gain in value and had paid a constant dividend. Inside my non registered portfolio, my Derek Foster stock picks are: Bank of Nova Scotia (BNS), Pembina Pipeline Corporation (PPL), Pengrowth Energy Corporation (PGF), Enbridge Income Fund Holdings Inc. (ENF), Corby Distilleries Limited (CDL.A) and EnCana Corporation (ECA).

If I would still hold them, Yellow Media Inc. (YLO) would have be in the list of my troublemakers stocks. Yesterday, I sell my units at 4.65$. I did not loss the initial capital invested, but because I was registered to DRIP and that all dividend were reinvested, I loss around 300$. No big deal, but at this time, YLO is at 4.45$.

I just sell all of my Yellow Pages Media Inc. (YLO) stocks at 4.65$

Yes, I sell it all, and reinvested the money in some stocks of Exchange Income Corporation (EIF) at 22.29$.

I first invested 2 224.47$ in YLO when the company was still an income trust. That was back in 2009 I guess. Currently, my investment in YLO worth 2 297.10$. If I sell now, I will be making a profit of 72.63$. But that’s not exactly it. Because I register to a DRIP (all dividend earn had been reinvested), the market value of my investment in Yellow Pages is of 2 602.56$. If I sell YLO now, I will be losing 305.46$. To sell or not sell YLO. I will pretty much like to sell it and reinvest the money in a quality stock and by doing so, I may be able to recover from my 300$ loss within a matter of a few weeks.

So that’s what I did – one minute ago – I sell all the stocks I hold of Yellow Pages Media Inc. (YLO) and I reinvested the money in some stocks of Exchange Income Corporation (EIF). This company is doing extremely well. On top of that, EIF paid a monthly dividend.

I could no longer stand Yellow Pages Media Inc. (YLO) and I am happy with my move. So welcome again, Exchange Income Corporation (EIF)!

Bye bye Gilles Duceppe! Hélène Laverdière NPD wins Laurier/Ste-Marie

Yesterday evening was a magical evening. Knowing that the NPD of Jack Layton kick out Gilles Duceppe, who’s the leader of the Bloc Québécois Party well that was an incredible feeling. Hélène Laverdière needs to be proud of herself and I find her very brave. In a Quebec province where nothing is done following my Canadian standards, things are about to change. Quebeckers finally understand that the Bloc Québécois is nothing more than bullshit and the project of building Quebec has a country of its own have no value. Quebec by itself is nothing.

I am back to my old evening shift at my weekday job and I have to say, I love to have all day long for myself. It allow be to do all of those things that I want to do. I start by doing nothing more than sleeping in lol... But it’s not what I plan to do for the upcoming days as I have a lot put in standby. I have accumulated plenty of subjects for HubPages and while being at home during daytime, I would like to spend this free time to see if I can make more money online and maybe even seek for a daytime job.

I received today 2 last dividend payment s for the month of April: 16.50$ from TD Dominion Bank (TD) and 55.64$ from Bank of Nova Scotia (BNS). Those 2 bring in 72.14$ in fresh cash. Not bad! I had reached 777.78$ in dividend earning for the month of April.

I am in need of cash right now as I am looking forward to decrease my margin account loan related to my stock. I am waiting for a pay check this week and totally of it will go as payment on my margin. My margin is only of 4.25%, but I prefer to keep the margin a bit lower than what I am on right now. I am currently exceeding the 38 000$ on my margin. I have left available a bit more than 25 000$. I have a 5 000$ credit line that I paid off using my margin money. Minus the 5 000$, I would like to see my margin use not exceeding 30 000$. This mean that I have a 3 000$ that I need to bring in to stabilize the whole thing. It’s something I can do easily as project for the next couple of weeks.

I vote Hélène Laverdière, Jack Layton NPD Laurier/Ste-Marie

Today is the first day of spring that I am wearing sandals. I vote earlier this morning and I made a big X just next to Hélène Laverdière name! It’s great to see that some Quebeckers are intelligent enough to dissociate themselves from the Bloc Québécois. We’ll see what happen next for those lost soul of Quebeckers.

In the meantime, I learn that Bin Laden is dead. This is so unreal. I guess the man is better dead than alive because no one had ever been able to keep track of him. I even believe is dead is accidental, that he wasn’t directly target but got kill, among other... I didn’t read too much about this as I felt sad. Not about his dead, but what it represent as a dead.

Ironically, my powerful silver is going DOWN!!! NOOOOOOO! lol... Previously, I wrote on how much I was excited to invest in the real Sprott silver, the one in US dollars, the real deal: Sprott Physical Silver Trust ET (PSLV)! But as for now, and the trading day is not over yet, PSLV is down of 6.81%. It’s been reported that Eric Sprott had sold for $35 million of PSLV units last week. WHY? This had to happen just at the time I made my first investment in US dollars. I also hold PHS.U in my TFSA and RRSP. I don’t plan to sell, I will look forward will happen next. This is an example among other of the importance of diversification inside a portfolio. Silver yes, but not silver only.

On the other hand, my investment in TMX Group Inc. (X) is doing well. Back in February of this year, I had invested in 100 stocks of X, at 41.97$ per stock. That represents some money! I invested without thinking too much. I was totally into the merger with London. Since February, TMX title went below 41.97$. I did not worry too much about it as I was confident the title would have go up again. And it did. We are not back to the 41.97$ yet, but not too far away. And a merger deal is not too far away either. Deal or no deal, my investment in TMX Group Inc. (X) would have been a constructive one.

My investment in TD bank is doing well. I would had liked to sell when the title had hit the 86$ a couple of weeks ago! But it was cleared to me that Toronto Dominion Bank (TD) could easily hit the 90$ per stock... so I didn’t sell. But still, a profit of 75$ is quite something. Not to forget the dividend of Toronto Dominion Bank (TD) that I should be receiving soon.

Just Energy Group Inc. (JE) continues to beat my expectations. At more than 15$ per stock, now, investors have the proof that JE is very strong!

I am also completely amazed by my investment in Westshore Terminals Invest Corp (WTE.UN)! So far, I made a good 200$ gain on my investment – and not to forget the dividend!

I could name plenty of examples like that. Its all about investing in what you believe in.

New Flyer Industries Inc. (NFI.UN) title is going up! I have 4 hold and 2 buy for this one. It’s not time to sell NFI.UN now, the title will gain value again. In other words: everything is under control. :0)

I would like to sell Yellow Pages. That's the only thing I don't like in my portfolio right now. I want to get ride of the poorly manage company ASAP.

Happy voting Canada!

Tomorrow Federal Election Day: Jack Layton day of glory

I made my ultimate choice! I am going to vote for Jack Layton. It’s the only rational choice. Tories might be scare to hell of Jack Layton, because they came out with that 15 old year’s story: our magnificent Jack Layton had a little party at a “masseuse” saloon. To me, that story makes Jack Layton just more human. Jack Layton was man enough to recognize his “mistake”, if you a call a mistake a man enjoying a massage once in a while.

This little juicy gossip story pretty much speaks up for itself: there’s no fool play with Jack Layton. In the sense that Jack Layton will ever liar to Canadians: the man is strong enough to live with himself. He’s far from being like Brian Mulroney. Jack Layton is a man courage. Jack Layton admitted going to a massage place 15 years ago. This is an event like another one in a man life and I feel ok with that.

Stephen Harper is now a shame to Canada and should not be name for another term. Stephen Harper cabinet ministers are a bunch of incompetents. In this massage story, Stephen Harper found his way to diminish Jack Layton. But Tories are big pigs. And tomorrow, Jack Layton is going to shine like never before. Tomorrow, I am voting for Jack Layton.

Welcome in the house, Sprott Physical Silver Trust ET (PSLV)!

This last Friday, while Prince William was marrying Kate Middleton, I made my first investment in UD dollars! I could not simply ignore the opportunity very much longer. At this time, the Canadian dollars worth more than the US dollars. Never of my life would have thought such thing possible. I proceed with 2 transfers of 1 000$ Canadian dollars in US ones. People had different opinions on this, but personally, I don’t think it this will last for very long. Maybe for a couple of weeks, maybe months, but not for years. But this being my personal opinion of course. Anyhow, when a good opportunity present itself, better to jump on it! And here I am, holding more than 2 000$ in US dollars!

On April 28 (sorry I couldn’t post in real time, but I had been quite busy!), I proceed with my first transfer of 1 000$ CAN into US dollars. The rate was excellent, 0.966, which provide me a very good 1 035.20$ US. On April 29, 2011, I proceed with a second transfers of 1 000$. That time, the rate was of 0.9679, giving me a good 1 033.16$ US, for a total of 2 068.36$ US. Just by transferring some Canadian dollars in US ones, right there, my initial 2 000$ CAN gain an immediate 3.418%! The 68.36$ gain is enough to cover 6 commission fees of 9.99$ at TD Waterhouse. I am still with TD Waterhouse despite some difficulties I had go through with them, but despite all, I will later on explain why I decide to stay with them.

Ok, I know 2 068.36$ US is not that much of money, but this is exactly how this portfolio of mine got built up, by trench of thousands of dollars. On Friday, I invested all the money I could in units of Sprott Physical Silver Trust ET (PSLV). I had been investing in the Sprott Physical Silver Trust UTS (PHS.U-TMX) since November 2010, selling-buying, selling-buying on a regular basis until one day in February 2011, where I had to faced some major currency problems that make me lost close to 300$ in profit. Since that time, I decided to hold the fantastic Sprott Physical Silver Trust UTS (PHS.U-TMX) inside register account only. That’s how I hold some units of Sprott Physical Silver Trust UTS (PHS.U-TMX) in my RRSP and TFSA.

From now on, I will be able to trade the Sprott Physical Silver just the way I use to do, without having to deal with some complicated currency problem. I still do not get why the Sprott Physical Silver Trust UTS (PHS.U) trade in US dollars while being listed to the TMX but hey, that’s how it is. Now is better because I finally hold US dollars and I finally hold the Sprott Physical Silver in his original currency.

The Sprott Physical is really that awesome. It’s something all small investors should go crazy about! Since November 2010, I had a terrific experience with the Sprott Physical Silver. Being able to make good gain on a short basis had been quite an experience. I don’t like oil investment, but whenever it come to make quick gain on silver, I feel more than comfortable with that.

Oil vs silver

From my experience, silver is much more stable in value than what oil is. Sprott Physical Silver Trust UTS (PHS.U) unit value is stable and did not stop growing since November 2010. And I don’t think it’s about to stop anytime soon. The Sprott Physical Silver match my investment way perfectly well because its value is strong and the title, in both Canadian and US market, is not volatile. With oil, it’s totally different. I find oil investment particularly hard to follow and I don’t like it. I don’t like it at all actually.

My goal with my investment in the Sprott Physical Silver Trust ET (PSLV) is quite simple and straight forward: I want to see my investment double in value. From a 2 000$US+ I want a 4 000$US. I am not setting up a specific time frame, but this may happen within the next 3 months or so. I don’t care if it takes longer (or less)... lol... But knowing myself, I may be tempted to sell among the way, just for self-satisfaction. We’ll see what happen.

In his latest book The Idiot Millionaire, despite his bad pick with Power Financial Corporation (PWF) Derek Foster (no, Derek foster is certainly not perfect lol...) has come with some awesome US stock picks. But if Derek Foster is not enough for you as it is for me, Susan Brunner had recently post something interesting about something name Barclays Bank (BCS). Good timing isn’t? This mean that I really have to invest in Barclays, at least a couple of stocks, just for the heck of it. I had been thinking about Yahoo! stocks too.

I have to say, it’s quite tempting to take what I own in US dollars and invest it in 6 different companies (as a symbol of the 68.36$US made in profit just by transferring of currency...). No need to diversify that much a small amount of money (2 000$US), but I find the concept quite interesting, and also, to hold some US companies would just add in diversification. But that may not happen for now because the money is in the Sprott Silver and I can’t wait to see the results.

Believe it or not, my investment in the Sprott Physical Silver Trust ET (PSLV) had bring in a US margin of 1 029.32$. Which mean that I have available 1 029.32$ to invest... or go shopping with in New York. It’s one or the other. However, I don’t plan to invest using US margin money. At this point, I had reached my loan limit. Some TD branches are open on Sunday, so I may try to locate one tomorrow to make a deposit. I currently have a 1 300$ available and I want to make a deposit on my Canadian margin account. I am at more than 37$k on my Canadian margin. I only have left a bit more than 25 000$ available. But good news being that I have a 5 000$ available on my credit line that I can transfer over at anytime in case of a bad market condition. It could sound like a catastrophic plan, but I am aware i had reached my limit and I don’t plan to go deeper into my Canadian margin usage. I even taught about selling my TD and YLO stocks, but no serious selling plan yet had been made. Until the US dollars gain its original value, I plan to transfer all of my saving in US dollars. I hope to build a nice US portfolio by the time I am hitting 31... in August. Watch out because the spring is going to be HOT. Get rich or died trying.

My first investment in US dollars!

I just purchase some PSLV units at 21.82$! Talk later.

Montreal Oratoire St-Joseph is the real home of God

My mom is currently spending the Easter weekend with me. I even had my Monday off, which I was very happy. I also took off of my weekend job, which is quite unusual. Yesterday, we went for a little bit of shopping on St-Denis, close to where I live. We went for a visit of the Old Montreal and the Old Port. It was cold and windy, but it was fun. We went to the Notre-Dame Church in the Old Montreal also. Today, we went for a visit at the Oratoire St-Joseph. I never went there before. But the visit worth it.

The Basilique is very simple, but grandiose. When visiting it, my mom said: “It’s that it?”. Which amuse me. I went to several church in my life, visiting even many of them in France and I totally got what my mom wanted to say by that. Basilique, Cathédrale etc. usually have a lot of luxury in them, gold (or the color of gold), major art works, etc. Those places are not places to pray, but are more museums than the actual home of God. But it’s not the case with the Oratoire St-Joseph. The Oratoire St-Joseph is the home of God. 

I explain to my mother that the Oratoire St-Joseph is like the Saint Andre himself, humble, but grandiose. After what, my mom totally get it. But it true that the Basilique of the Oratoire St-Joseph can surprise Christians who are more used to regular churches. Personally, I think that all churches, Cathédrale, Basilique and other should be like the Basilique of the Oratoire St-Joseph, humble home of God. I will be posting some pictures soon, my mom is sleeping, I am going to bed now. Tomorrow is her last day in Montreal.