Welcome back 20k on my margin account! You are here to STAY

For once, the stock market finished the day on a positive note. Having to deal with a market that keep losing points day after day after day can be quite heavy. It’s not fun at all. But finally, the TMX gains some points today! And guess who have more than 20k left on its margin account? ME! My non-registered portfolio closed at 108 682$. This left a 20 080.54$ value on my margin account. You know that, what I currently focus on is the ability to exceed and/or reach a minimum of 20k value on what is left as unused money on my margin. Its currently one of my obsessions. :0)

The market is showing some positive signs. I explain my silver investment situation in the previous post. Also, something very positive is that despite all, my investment in the Sprott Canadian Equity Fund is exceeding the 7 000$ value. It’s a good sign. 7 000$ is the amount I had invested in the Sprott Canadian Equity Fund in 2008.

By next week, I would very much like to invest in 100 units of Sprott Strategic Fixed Income Fund (SFI.UN). SFI.UN unit value is quite stable and I like that. I would use 1 000$ on my own pocket money. The 6% dividend yield is quite interesting. I want to bring in something new and very stable in value – at least so far. SFI.UN answered both criteria. I did not invest for a long time and I miss it. I am getting bored if not.

I can see myself going through this correction without too much problems now that the market gain points. But it’s really a day-to-day. The market is all twisted, weird and at the same time, full of surprises.

The stock market nightmare: what to do to preserve your assets while operating on a margin account

The stock market is still losing points. My non-registered portfolio is at 107 943.85$. It’s not that bad, but if the TMX continue to lose points every single day of the trading week, well, at a point, I will have to consider my options. But the situation is not as desperate as it seems and I am going to explain my view.

First, both gold AND silver are performing well. At this time, First Majestic Silver Corp (FR), which is among one of my top performer, currently trade itself at more than 23$ per stock. Remember my US investment in Sprott Physical Silver Trust ET (PSLV)? I had first purchased some units at 22$, when silver was on top of everything, just before the silver crash. Following the silver crash, I purchased again some other units at something like 15$ or 16$ to help stabilize the whole thing. My book value for the investment is of 3 075.16$. And right now, my investment in the Sprott Physical Silver Trust ET (PSLV) worth 3 061.50$. So I am very proud of this one. I knew I was doing the right thing while investing in PSLV. Eric Sprott view on silver was correct. Very soon, my investment in PSLV will be exceeding the 3 075.16$ initial investment value. Just watch it grow.

In my TFSA, I hold Sprott Physical Silver Trust UTS (PHS.U). My book value for this one was of 3 114.60$. Currently, the same investment worth 3 818.84$. I don’t have that much invested in gold, but what I currently hold in Horizons Gold Yield Fund (HGY.UN) and Claymore Gold Bullion ETF (CGL) is performing very very well.

If the Toronto Stock Exchange continues to significantly drop in value, I will transfer what I hold in my TFSA to my non-registered portfolio. Currently, my TFSA worth 4 676.95$. It’s not that much, but transferring my TFSA holding to my non-registered portfolio will add a direct value of 4 676.95$ to my now worth 108 126.37$ non-registered portfolio. An increase of 182.52$. Ok. That would make a total of 112 803.32$. Quite good to face the market demons.

Despite the actual market condition, I do not plan to transfer my TFSA asset to my non-registered portfolio. Not at this time. But it’s something that I will consider if the market continues its plunge.

Something else that I will consider if the market condition continues to deteriorate is to sell my Sprott Physical Silver Trust ET (PSLV) and transfer the US money into my Canadian non-registered portfolio. That would probably bring in a good 3 000$ value in.

Those are options I will consider if I lose, let say, another 5k on the stock market. If not, everything will remain the way it is at this time. And I hope it does.

I face an in deep stock market correction in 2008, and at this time, I guess we can talk of a mini-crash, or another market correction or something like it. No matter what it is at this time, it’s not extremely pleasant. However, the dividend continue to kick in and I am almost at 700$ in dividend income for the month of July. I think I am now only missing my Just Energy Group Inc. (JE) dividend for the month of July.

Despite it all, I have very strong asset in my portfolio that help me to fight the, what I am now calling the “stock market demons”. It’s kind of the fight of a lifetime and I truly think that HOLDING everything is the best way to go. Especially in my condition. I am 30, single, no children to take care of. I am currently employed at 2 jobs that I have for a couple of years now, so my job situation is quite stable, that help of course. Myself, I don’t need to cash in my stock money and I don’t plan to cash any. At this point of the game, any actions taken will determinate if I will fail or succeed. Since I started investing in 2005, I mostly have been a buy and hold investor and what I have gain in value, I own it for the most part to a buy and hold strategy.

I am hoping for the best of course, but I am not under panic because most of what I hold in my non-registered portfolio is still at a good value. I was surprised to see Sprott Inc. (SII) at more than 8$ per stock because back in 2008, SII has drop to 4$-3$ following the 2008 stock crash. So this time, I am enjoying Sprott Inc. (SII) stability. Other stuff like Methanex Corporation (MX), Fortis (FTS), Pembina Pipeline Corporation (PPL), Pengrowth Energy Corporation (PGF), Enbridge Income Fund Holdings Inc. (ENF), Corby Distilleries Limited (CDL.A), Exchange Income Corporation (EIF), TMX Group Inc. (X) and K-Bro Linen Inc. (KBL), for the major part, still have a strong value and seem to be able to go through this without too much problem.

I am unfortunately a small cap lover and I am now paying the price for my love. Small cap are good in a relatively stable market, the dividend are awesome. But stuff like New Flyer Industries Inc. (NFI.UN), Colabor Group Inc. (GCL) and Student Transportation (STB) among other seem to experiment some problem to go through this current very rough market condition. That’s how it goes with small cap. Rob Carrick explains that very well in an online article title Kings of Pain loaded with investment lessons. And yes, currently, I am under massive pain, but nothing I can’t handle. I will show you the drill and hopefully, I will go through this without a margin call or without any asset to be sold, at the exception of TMX Group (X). If the Maple Group deal go through, I will be cashing in more than 5 000$. That could eventually safe my margin situation and save my life ;0).

I also have a bit more than 6 000$ available on credit lines. In case of need, I will of course transfer that cash in my non-registered portfolio.

At this time, I am not taking any actions; I am not selling, buying anything. I am closely watching the disaster. My non-registered portfolio is now at 108 215.69$.

I hope my holding strategy is the best one: facing the stock market headache in front of my laptop day after day

The stock market is taking such of an ugly turn. I am still confident – despite it all – that I will be able to go through this but still, the experience is rough and the market is very depress. My non-registered portfolio closed at 108 470$, leaving a 19 944.83$ on my margin account. What I had been trying so hard to avoid actually happen now: I am now below the 20k on my margin account and it’s not something that I like. I don’t know how long it will take for the market to get back on track. Today, the TMX loss 193.31 points. Despite the market condition, the Sprott Strategic Fixed Income Fund (SFI.UN) closed at 9.95$, which I find very good knowing the units had been launched a few weeks ago at 10$. I finally received my Bank of Nova Scotia (BNS) dividend. Love it. Other than SFI.UN, Horizons Australian Dollar Currency ETF (ASD) seems to be another safe bet. Get rich or died trying and try until the end.

What to do with your TMX Group (X) stocks by August 5, 2011

While being away, I received a voting package for TMX Group (X), a yellow sheet. Unfortunately, I was in vacations I just return yesterday and the limit date for the vote was June 28, 2011. It’s about the Maple Group proposal, which I am totally against. Banks and other Canadian financial institutions already control enough, if you want my point of view. Luc Bertrand is another of those banker pigs who want everything under his control. Imagine, Luc Bertrand own 500 000 stocks of TMX Group (X). And now, he’s acting as CEO of the Maple Group who wants to acquire the TMX Group! That’s a complete non-sense and investors have to recognize the lack of integrity, so common in Quebec, of Luc Bertrand. As a shareholder of the TMX Group (X), Bertrand is acting with a lot of dishonesty. What he’s looking for is to cash a big amount of money once the Maple Group will complete the acquisition of the TMX Group (X).

Investors like myself of the TMX Group (X) has until August 5, 2011, 11:59PM Eastern Time to take a decision: option 1: cash in the maximum of money of the 50$ per stock that is propose by the Maple Group OR option 2: get a maximum of stocks of the new Maple Group organization.

I don’t have any interest in the Maple Group and I just find it very stupid coming from the financial institutions to come with this plan that they cannot really afford anyway. It’s all a matter of money. Why do you think Thomas A. Kloet is running like a fool to get a deal completed? It’s all a matter of money and Kloet is showing sign of a big lack of integrity because he had declared before that the Maple Group would not be of a great benefit for the Toronto Stock Exchange. But now that the deal with the London Stock Exchange is dead and after paying million of dollars to the LSE, now, the idiot is running after the Maple Group to get a deal completed. But why?

Maple Group offer 50$ per stock for up to 80% of all of the X stocks that are out there. Currently, the TMX Group stocks do not worth 50$ per stock. The current value is below 44$ per stock. So see, what Thomas A. Kloet wants is CASH. And a lot of it. And it’s totally disgusting. Those bankers are getting paid million of dollars annually but that’s not enough for them. They need to destroy the Toronto Stock Exchange just to make even more money.

In Canada, we live in a corrupted financial system that allow idiots like Thomas A. Kloet, Brian Mulroney and Henri-Paul Rousseau do whatever they want. Stupid and idiot.There's nothing you can do to protect yourself because Canadian society accept corruption.

If you are currently a shareholder of the TMX Group, I will suggest you to select the option 1. Get a maximum of cash – you deserve it as much as I do – at no commission fee and get the hell out of the Maple Group. The Maple Group is evil, it’s an attempt from bankers to control it all. Once the deal completed, the Maple Group stocks value could drop. The Canadian Exchange is great yeah, but it doesn’t worth 50$ per stock. Once the acquisition completed, the stock value will drop. That’s what I think. I also see in this option 1 a great way to decrease my margin usage and a great way to make good cash on something that I would prefer not to happen: the destruction of the Toronto Stock Exchange by some Canadian financial PIGS. Go for the cash, stay away from the Maple Group.

Still waiting for my Bank of Nova Scotia (BNS) dividend

A couple of good and bad news. The bad news: I am back in Montreal and my vacations are OVER. I left New Brunswick closed to midnight yesterday crying like a little mermaid. I didn’t want to leave. The ride on the bus was awful. The seats were not comfortable and I had trouble to just stay on my seat. The bus was almost full of passengers so I could absolutely not change of place. But I think it would have be the same thing on a different seat. I took 2 Gravol before getting on the bus, but maybe I should take 2 other ones half way. They make me feel a bit stone and sleepy. Without them, there’s no way I could had go through the ride.

X town in New Brunswick to Montreal

Anyway, I arrived at my apartment at 7AM. Everything was like I left it: nothing was missing from my one and a half container and the door was still locked. Yeah. Montreal is as beautiful as I left it. St-Laurent Boulevard was shinning under the hot August sun.

I taught I was pretty smart because I had escaped the heat wave that hit Montreal while being in vacations for the past 2 weeks. But it seem like the extreme hot weather is not over yet. Today is not that bad because there’s wind, but still, the weather is hot, but not extremely hot. But still, it was quite impossible for me to start ironing my t-shirts this morning. I place some stuff back into their usual places but I am not even done yet. I got ready and went to pay my BMO MasterCard. And here I am on my laptop at the Second Cup, at my usual spot, because it’s too hot in my apartment. The heat is not gone and this week is going to be awfully hot.

Spending money

For this month, I only have 278$ left to pay on my loans and stuff so it’s not that bad. The next pay check will take care of it. I spend more than usual, but despite all, it was quite reasonable. I count less than 1 000$ in expenses. Not much knowing that amount included groceries for the first 2 weeks of July and my bus ticket. My bus ticket was of 175$ in total. Part of the ticket got covered by my online money making. I shop before and while I was away and bought stuff but it was mostly things that I need, like a new pair of running shoes, a pair of shorts, t-shirts, a new bathing suit as the other one was going see through, 2 summer dresses, a pair of jeans, make-up and I guess that’s about it. I walk around a lot and I have problem to do one complete year with the same pair of running shoes. I don’t have a metro pass but that’s wanted.

Money money money

I am currently fighting my demons and I am trying to start a job search. For months I had been enjoying a lot of free time by just working at my evening shift and weekend job. Getting a daytime job inside my actual schedule is needed and possible. Also at this time, I would like to find a job in New Brunswick. I truly don’t know why it’s so complicated for me, but that’s certainly because I have it all, right. But at the same time, what I want is to have more cash to invest. So like usual, I am going in all the directions. I am like a chicken that got the head cut and is running everywhere. Everywhere but I have an idea of where I am going. Or kind of.

I know it’s not what Obama wanted, but I am happy that the US had resolved part of their problems. It made me feel better because I have a lot of money invested on the stock market. I was ready to take a deep plunge, but if it can be avoid, that’s better, isn’t? Despite it all, my non-registered portfolio is getting through this without too much trouble.

The Maple Group deal is completely retarded

I closed Friday session at 109 437$. Not bad, but I am far from the usual 113k. I still have left more than 20k in my margin account. That’s not too bad either. While being away, I received a voting package for Blue Note Mining (BNT), but I passed the day for the vote. Too bad. I also received a package from TMX Group Inc. (X), asking me to choose between cashing in 50$ per stock or getting just a transfer of title. I don’t believe in the Maple Group and I find it pretty disgusting. So if you asked me between cash or shares, I pick the cash. Banks are not very generous when it comes to dividend and Canadian financial institutions are going to put a lot of their shit on the Toronto exchange. I am voting against the Maple Group project. But if the deal go through, I want the cash, not the shares. At 50$ per stock, I am going to make a few hundred bucks on this and yeah, despite it all, life is good. And I am still waiting for my Bank of Nova Scotia (BNS) dividend to kick in. My dividend income is doing fine for the month of July.

If you want to find out how to save big bucks on sun tan lotion because summer is not over yet but my vacations are, click here.

Newest member of the Sprott Asset Management LP family: the Sprott Strategic Fixed Income Fund (SFI.UN)

Since I am pretty much fully invested, I don’t have that much money available to invest when good opportunities present by themselves or when new interesting financial product comes on the market. The Sprott Strategic Fixed Income Fund (SFI.UN) is one of those opportunities. While being in vacations, I am more or less disconnected, so I did not notice this new Sprott product until today. But SFI.UN had been launched just last week.

On July 19, Sprott Asset Management LP, who now manage 10$ billion in assets, had closed the initial public offering of Sprott Strategic Fixed Income Fund (SFI.UN). SFI.UN started its journey with 210$ million.

The Sprott Strategic Fixed Income Fund (SFI.UN) was launched at 10$ per unit. Today, despite the fact that the stock markets, US and Canadian, are both in bad shape, well, that doesn’t seem to bother the Sprott Strategic Fixed Income Fund (SFI.UN). Not at all. Currently, or should I say 20 minutes ago, SFI.UN trades at 10$ per unit. The fund is related to the fixed income, something very conservative and mostly made for seniors who don’t want to deal with too much risk under this market ultra volatility.

Myself, as part of fixed income, I own some GICs. I also own some units of the CIBC Monthly Income Fund, which is part of the fixed income family. Major part of my portfolio is invested in stocks. So adding a fixed income to my non-registered portfolio could be a good way to diversify the asset, but also, add something strong and stable in the value. Also, Sprott Strategic Fixed Income Fund (SFI.UN) units are diversified in themselves, meaning the money of the fund is diversified in different companies.

The Sprott Strategic Fixed Income Fund (SFI.UN) is actively manage, a bit like a mutual fund but in much better because SFI.UN units can be purchase just the way you purchase stocks. And from my understanding, the Sprott Strategic Fixed Income Fund (SFI.UN) will proceed with dividend distribution of 6% per year. And it’s been said: “to begin with”. Depending of the success of the fund, SFI.UN may eventually increase its dividend. But for now, a 6% yield is quite good. And on top of that, SFI.UN will proceed with monthly distribution! Isn’t that fantastic? Also, the fund dividend distribution offer a tax advantaged basis.

A 1 000$ investment in the Sprott Strategic Fixed Income Fund (SFI.UN) would provided a monthly income of... 5$. And a 2 000$... 10$. Gotha loves the stuff.

The US Republican Tea Party is destroying the economy worldwide

The non-registered part of my portfolio closed yesterday session at 109 730$, leaving me at 20 890.44$ on my margin account. Not too bad, knowing what’s on right now in the States. I find the Tea Party members really immature. John McCain is not showing great leadership and it’s a real good thing that the idiot did not win the last US elections. However, I heard a good speech of him at the news, saying that the Tea Party members who are also in the Congress were young in their jobs and that they needed to follow advice of older Republican Congress members. This is good for John McCain. 

A question still remain: how long will it take to go through a complete agreement? We need to remember the Tea Party members as a bunch of little idiots. The US destroys the economy in 2008 and they are doing it again today. Nothing to be very proud of. As you can imagine, I am following all this the best I can but in front of a big market correction, I won’t be able to do that much. As said previously, my best advice will be to HOLD, especially if you don’t need the money for another 5 to 10 years, which is my case.

I hope the Republicans are happy of themselves because right now, the TSX is under the 13 000 points. In results, my non-registered portfolio is now at 109 290.39$. It’s not that bad, but the day is not over yet and there could be deeper loss but usually, everything get pretty much set in the morning. I am down to 109k right now, but what about next Monday and the days after? Once an agreement is being take in the US, the TSX may jump back to the old 13 000 points but still, it remain far from the 15 000 points of 2008.

Seem to be better now, my portfolio reached 109 463.32$. That was 20 minutes ago. I may go through this day without a margin call. And after, it’s going to be the weekend and Monday latest, I am hitting back, unfortunately, to Montreal. Got to work still. It’s not going to be a Stop Working for me anytime soon. I spend hundreds of dollars and I am very happy about it.

On how the US debt crisis is affecting my investment portfolio

I was sad to learn that Jack Layton has a new cancer. Like if one was not enough. I hope for a quick come back. And just to make things worse, yesterday, the stock market took a deep plunge! My non-registered portfolio closed yesterday session at 109 945$. This amount left me with more than 21k on my margin account. I lost close to 4k in one day of trading, can you believe that... Usually, my portfolio is around 113k and, in very good days, it goes up to 115k. If only the US could deal with their debt problem properly, I wouldn’t be in that shit right now. No taxes for the richest? TAX AND TAX NOW AND IN DEEP!

I mean, Obama is so courageous. We need to respect the man who’s battling with the Republican PIGS. I am for a capitalist system, but it need to done with respect. And not taxing the richest people of the States is kind of evil. It’s the evil side of the capitalist system in the US. We are pigs, we want more, don’t tax us. Paris Hilton and the bunch of other dummies living richly in the States for no reason at all need to pay more taxes. It could be part of the solution, that and cutting unnecessary spending, froze government salaries. For me, the solution is quite easy actually. August 2 is coming and no decision had been taken.

The credibility of the US that is taking a slap. And in result, the Canadian dollars reached 1.06$. Despite it all, I don’t think the Canadian dollars will remain this strong forever. I was very tempted to transfer another 1 000$US in my US broker account but I need to keep the money where it is, in case, you know, of a very in deep correction.

At this time, investors, the good and the bad ones are all in the same boat... Not that I am suffering from this. I am use to the market volatility. It goes up and down most of the time, that’s how it goes. I am doing fine for now, but if no agreement is being vote in the US, well, I could face a margin call. In case of great needs, I have money I can take on my credit cards and 6 000$ available on credit lines... But of course, the interest rate on the credit cards is of 19% or something like it. Susan Brunner suggests to get a credit line, it make a lot of sense. Maybe TD will be kind enough to increase my credit line. I did not take any actions yet, I am just thinking and while facing the devastation, I am not doing much. This is being said, I think that the fact that I am in vacations is not playing in my favor either. That and the devastation.

However, the devastated stock market is not that devastated. Just for me, the Toronto Stock Exchange is up of a couple of points and in result... TADAMMMM... my super super non-registered portfolio is at 110 161.14$. I may go through this, but without any decision being taken on the US debt, my portfolio value could significantly decrease. This is the situation being live by every single retail investors at this time. All in the same boat.

What will make a difference at the end is the reaction of the investors while facing the crisis. Under no circumstances asset should be sell. We saw that in 2008, there’s been a sudden plunge, and then again, the market goes up again. I totally recover from that crash, but it been hard. This time could be worse and I wonder how deep it can go. But today, the stock market gain points just for me :0)

Directly from New Brunswick

My vacations so far had been very great, but I had been shocked to learn the dead of Amy Winehouse. It something that really touch me. A Quebec journalist once wrote a couple of weeks ago that Winehouse career was over following the slop of her latest comeback. Well, it wasn’t her career that was over, but Amy life was over. But there was such that great powerful voice coming out of her. And that enigmatic, so charming, delicate personality.

Amy Winehouse was a shining star, but her drug and alcohol addiction ruined it all and it’s something very unfortunate. It must be very hard for her family. Addiction to drugs and alcohol is a disease and it’s something extremely difficult to fight. I never been an addict myself, but I have a deep sense of what it might be and truly, the dead of Amy is a big lost. No one should blame her immediate family for her dead. Addiction is one of the worst diseases ever. Drugs and alcohol addiction is a modern disease that destroyed too many lives. Personally, it’s one of the reasons why I am totally against the legalization of marijuana or any other type of drugs. We should not make drugs accessible. Not at all. A society has the responsibility to protect individuals, not to destroy them. But that’s something Amir Khadir cannot understand.

Another very sad event was the shooting in Norway. Too many dies and for what purposes? The killer was an extremist. Better be aware and protect ourselves from extremist individuals. In Canada, we have Amir Khadir. I am not saying that Amir Khadir is about to get guns and open fired BUT, just like the Norway killer, Amir Khadir is an extremist who needed to be control before it’s too late and before Amir Khadir started destroying the Canadian country.

It would be too complicate for Amir Khadir to defend the rights of the middle class and the poorer. He doesn’t want to defend the direct interests of the district of Mercier. Instead, Amir Khadir defends the interests of people we don’t know anything about: the Palestine. Amir Khadir is a lazy man who doesn’t care about the interests of Canadians. Amir Khadir had been living in Canada since his young age; I don’t think he specially knows what’s really going on in Palestine. Taking defense of a country instead of another one is not his job. That’s NATO job. It’s not the job of a racist immigrate who said about the Prince William and the Duchess of Cambridge that they are parasites. Canada owns a lot to England. We have the country that we have today because our strong British heritage. I don’t think any Canadians would have live to be under France. There’s a lot of French of France that immigrate in Canada, stealing jobs belonging to French Canadians because, well, want to do? France is a lot like Quebec province: both extremely weak, no common sense, extremely stupid and arrogant. Never put your trust in French of France, never put your trust in Quebeckers. That way, you’ll save yourself a lot of miserable time.

Latest example would be in the evil Dominique Strauss-Kah. French arrogant politician who has sexually abuse a New York hotel employee. Ok, you’ll say, he has not been find guilty. I know those French idiots by heart. No need to get a jury, no need to get a judge. I am the judge, I am the jury and I am telling you right now: Dominique Strauss-Kah is guilty. I applause the courage of Nafissatou Diallo for her coming out. Dominique Strauss-Kah is a big pig and he’s going to pay. It wasn’t the first time he was committing sexual crimes. In France, he got cover. But in the USA, no one is going to help him this time and he’s going to pay, this time! 

In France, Carla Bruni got pregnant from Nicholas Sarkozy just to make diversion on her husband very very bad leadership. French AND Quebec people are PIGS. Get that in your head, move straight forward and no one will be able to stop you from being successful. As Prime Minister, Stephen Harper doesn’t do enough to protect Canadians from the menace.

And see what France had done with Africa, Haiti: terror and destruction. French Canadians living outside Quebec need to be aware of those distinctions between France and England, Quebec and Canada. We need to protect our society so things like in Norway don’t happen here in Canada. Stephen Harper voice is not strong enough and I don’t think Stephen Harper is a warrior. I don’t think Stephen Harper care in deep about Canada. I don’t think Stephen Harper can protect this country. We need to take care by ourselves, be aware and become extremely sensible to our social environment. In that sense, Quebec separation from Canada would be at the advantage of Canada.

And by the way, what’s Amir Khadir contribution to Quebec society? Try to figure it out! Personally, I don’t care because I am a New Brunswicker, but there are questions that Quebeckers need to ask themselves. And fact is, Quebeckers are not courageous enough to go through in deep of their social disease. Instead of fighting for things that don’t have any interest for Canadians, Amir Khadir needs to study the reality he live in. Like immigrate who had been doctors in their country, try to practice in Quebec province. The Collège des médecins make things impossible for them. I personally know a Haitian who was a pediatrician in her country. She left Haiti with her children following the terrible earthquake. Well, you know what? That doctor was working with me, at the same position as mine in a Montreal call center. Is that supposed to be fair? She did all she could to practice in Quebec, but the Collège des médecins made things impossible for her.

After a couple of months of working in a call center, that brave lady left Quebec province to go back in her country. When she told me good-bye, that she was moving back to Haiti, I cried because I was totally in pained. I told her that Quebec government was a shame, that I was in pain to see her leaving, that I would have like to do something for her but I didn’t know what to do. I told her that it was better to leave to practice as a pediatrician rather than living in a province that does not respect her rights. I explained her – even before – that I was from New Brunswick, that there are French communities out there and that maybe things could be easier for her in New Brunswick. I never knew if she had done some search for practicing in New Brunswick, but when she left, I told myself that I wasn’t going to stay in Quebec province for long.

Amir Khadir is not strong enough to handle real Quebec life situations. He’s a doctor himself, he could do something to make things easier for foreign doctors who want to relocate in Quebec province – but hey, Amir Khadir is way too lazy for that. Instead, the jerk prefers to insult our monarchy and prefer to appear in the spotlight. No real work is being done by Amir Khadir. It’s about time for Quebeckers to wake up. Don’t you think so?

The role of a politician is to defend the interests of its people, not to play NATO role, and not to offend Canadians and our monarchy. That’s all I have to say for now. Enough of the bullshit.

And how about a dividend boost for the summer?

The weather had been very great for the first couple days of my vacations. But for the last couple of days, it’s been raining and I had been working at this post while being stuck inside. But I am enjoying myself, especially knowing that the weather is extremely hot in Montreal. So it’s a real blessing to be here in New Brunswick, far away from the extreme heat. I go crazy when the weather is hot, I cannot stand the heat. So far, the summer has been good in Montreal, but right now, it’s awful and I am very please, extremely pleased to be away, to be here in my X hometown in New Brunswick.

These last couple days had been very good for my portfolio. My non-registered portfolio closed today session at more than 113k, so I am very please, I don’t have to stress over my margin affair. I know that I have more than 22k left on the margin account and that I am safe.

Since its raining and that I am stuck inside watching Radio-Canada (since it’s the only channel we get here – my Chatr Wireless cell phone barely cap the network...) with my laptop on my side, I decided it was time to make it happen. I decided to review the asset mix of my portfolio in order to maximize the dividend income.

So here it is, the BEFORE - my investment portfolio the way it is now. This meaning that I exposed my dividend income the way it is at this time. I had excluded the special dividend payment from the calculation:

Current non registered Investments:
Stocks and Units investment portfolio CAN$
Sprott Inc. (SII)
Dividend yield: 1.38%, 0.12$
Dividend distribution: 122.40$

Timminco (TIM)
Dividend yield: None

Blue Note Mining (BNT)
Dividend yield: None

Bank of Nova Scotia (BNS)
Dividend yield: 3.71%
Dividend distribution: 222.56$

Hanwei Energy Services (HE)
Dividend yield: None

Methanex Corporation (MX)
Dividend yield: 2.26%, 0.65$
Dividend distribution: 66.95$

Fortis (FTS)
Dividend yield: 3.62%, 1.16$
Dividend distribution: 124.12$

Pembina Pipeline Corporation (PPL)
Dividend yield: 6.03%, 1.56$
Dividend distribution: 694.20$

Just Energy Group Inc. (JE)
Dividend yield: 8.88%, 1.24$
Dividend distribution: 809.72$

Pengrowth Energy Corporation (PGF)
Dividend yield: 6.90%, 0.84$
Dividend distribution: 183.96$

Enbridge Income Fund Holdings Inc. (ENF)
Dividend yield: 6.14%, 1.15$
Dividend distribution: 373.75$

Corby Distilleries Limited (CDL.A)
Dividend yield: 3.40%, 0.56$
Dividend distribution: 57.68$

Davis + Henderson Corporation (DH)
Dividend yield: 6.42%, 1.20$
Dividend distribution: 248.40$

Premium Brands Holdings Corporation (PBH)
Dividend yield: 7.76%, 1.18$
Dividend distribution: 497.96$

EnCana Corporation (ECA)
Dividend yield: 2.67%, 0.76$
Dividend distribution: 154.28$

iShares S&P/TSX Capped REIT Index (XRE)
Dividend yield: 4.89%, 0.74$
Dividend distribution: 113.96$

Horizons Gold Yield Fund (HGY.UN)
Dividend yield: 6.57%, 0.65$
Dividend distribution: 130$

Canfor Pulp Products Inc. (CFX)
Dividend yield: 9.09%, 1.60$
Dividend distribution: 163.20$

New Flyer Industries Inc. (NFI.UN)
Dividend yield: 10.75%, 0.86$
Dividend distribution: 178.88$

Capital Power Income L.P. (CPA.UN)
Dividend yield: 9.04%, 1.76$
Dividend distribution: 176$

Exchange Income Corporation (EIF)
Dividend yield: 7.55%, 1.62$
Dividend distribution: 492.48$

Rogers Sugar Inc. (RSI)
Dividend yield: 6.30%, 0.34$
Dividend distribution: 103.36$

Student Transportation (STB)
Dividend yield: 8.85%, 0.56$
Dividend distribution: 114.24$

Colabor Group Inc. (GCL)
Dividend yield: 12.42%, 1.08$
Dividend distribution: 226.80$

TMX Group Inc. (X)
Dividend yield: 3.70%, 1.60$
Dividend distribution: 161.60$

Data Group Income Fund (DGI.UN)
Dividend yield: 14.05%, 0.65$
Dividend distribution: 406.90$

K-Bro Linen Inc. (KBL)
Dividend yield: 5.16%, 1.10$
Dividend distribution: 110$

Westshore Terminals Invest Corp (WTE.UN)
Dividend yield: 6.29%, 0.96$
Dividend distribution: 192$

WesternOne Equity Income Fund (WEQ.UN)
Dividend yield: 9.39%, 0.60$
Dividend distribution: 228$

Atlantic Power Corp (ATP)
Dividend yield: 7.13%, 1.09$
Dividend distribution: 109$

Horizons BetaPro COMEX Silver Bear Plus ETF (HZD)
Dividend yield: None

First Majestic Silver Corp (FR)
Dividend yield: None


Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV)
Dividend yield: None

Tax-free savings account (TFSA):
EnerCare Inc. (ECI)
Dividend yield: 8.13%, 0.65$
Dividend distribution: 1.95$

Dumont Nickel Inc. (DNI)
Dividend yield: None

Sprott Physical Silver Trust UTS (PHS.U)
Dividend yield: None

TOTAL of dividend income: 6 464.35$

And here’s the AFTER. This is a portfolio model that could eventually boost my dividend income. I took the same sum of money and reinvested it in order to increase the dividend income. The stock with the mention NEW are new addictions to my portfolio. I did not invest in the stocks who had mention NEW yet. It was only an exercise in order to increase my dividend income with what I currently have in money. This is what I had came with:

Current non registered Investments:
Stocks and Units investment portfolio CAN$
Sprott Inc. (SII)
Dividend yield: 1.38%, 0.12$
Dividend distribution: 48$

NEW: TransCanada Corp (TRP)
Dividend yield: 4.19%, 1.68$
Dividend distribution: 100.80$

NEW: Inter Pipeline Fund (IPL.UN)
Dividend yield: 6%, 0.96$
Dividend distribution: 144.96$

Timminco (TIM)
Dividend yield: None

Blue Note Mining (BNT)
Dividend yield: None

Bank of Nova Scotia (BNS)
Dividend yield: 3.71%, 2.08$
Dividend distribution: 208$

NEW: Bell Aliant Inc. (BA)
Dividend yield: 6.728%, 1.90$
Dividend distribution: 191.90$

Hanwei Energy Services (HE)
Dividend yield: None

Methanex Corporation (MX)
Dividend yield: 2.26%, 0.65$
Dividend distribution: 34.45$

EnerCare Inc. (ECI)
Dividend yield: 8.244%, 0.648$
Dividend distribution: 134.14$

Fortis (FTS)
Dividend yield: 3.62%, 1.16$
Dividend distribution: 66.12$

NEW: Chorus Aviation Inc. (CHR.B)
Dividend yield: 11.928%, 0.60$
Dividend distribution: 194.40$

Pembina Pipeline Corporation (PPL)
Dividend yield: 6.03%, 1.56$
Dividend distribution: 694.20$

Just Energy Group Inc. (JE)
Dividend yield: 8.88%, 1.24$
Dividend distribution: 809.72$

Pengrowth Energy Corporation (PGF)
Dividend yield: 6.90%, 0.84$
Dividend distribution: 183.96$

Enbridge Income Fund Holdings Inc. (ENF)
Dividend yield: 6.14%, 1.15$
Dividend distribution: 373.75$

Corby Distilleries Limited (CDL.A)
Dividend yield: 3.40%, 0.56$
Dividend distribution: 57.68$

Davis + Henderson Corporation (DH)
Dividend yield: 6.42%, 1.20$
Dividend distribution: 248.40$

Premium Brands Holdings Corporation (PBH)
Dividend yield: 7.76%, 1.18$
Dividend distribution: 497.96$

EnCana Corporation (ECA)
Dividend yield: 2.67%, 0.76$
Dividend distribution: 78.28$

NEW: Innergex Renewable Energy Inc (INE)
Dividend yield: 5.66%, 0.58$
Dividend distribution: 167.62$

iShares S&P/TSX Capped REIT Index (XRE)
Dividend yield: 4.89%, 0.74$
Dividend distribution: 74$

NEW: Sentry Select Primary Metals Corp. (PME)
Dividend yield: 9.307%, 1.02$
Dividend distribution: 74.46$

Horizons Gold Yield Fund (HGY.UN)
Dividend yield: 6.57%, 0.65$
Dividend distribution: 130$

Canfor Pulp Products Inc. (CFX)
Dividend yield: 9.09%, 1.60$
Dividend distribution: 163.20$

New Flyer Industries Inc. (NFI.UN)
Dividend yield: 10.75%, 0.86$
Dividend distribution: 178.88$

Capital Power Income L.P. (CPA.UN)
Dividend yield: 9.04%, 1.76$
Dividend distribution: 176$

Exchange Income Corporation (EIF)
Dividend yield: 7.55%, 1.62$
Dividend distribution: 492.48$

Rogers Sugar Inc. (RSI)
Dividend yield: 6.30%, 0.34$
Dividend distribution: 103.36$

Student Transportation (STB)
Dividend yield: 8.85%, 0.56$
Dividend distribution: 114.24$

Colabor Group Inc. (GCL)
Dividend yield: 12.42%, 1.08$
Dividend distribution: 226.80$

TMX Group Inc. (X)
Dividend yield: 3.70%, 1.60$
Dividend distribution: 40$

NEW: Computer Modelling Group Ltd. (CMG)
Dividend yield: 6.432%, 1.64$
Dividend distribution: 205$

NEW: IBI Group Inc. (IBG)
Dividend yield: 8.076%, 1.104$
Dividend distribution: 131.38$

Data Group Income Fund (DGI.UN)
Dividend yield: 14.05%, 0.65$
Dividend distribution: 406.90$

K-Bro Linen Inc. (KBL)
Dividend yield: 5.16%, 1.10$
Dividend distribution: 110$

Westshore Terminals Invest Corp (WTE.UN)
Dividend yield: 6.29%, 0.96$
Dividend distribution: 192$

WesternOne Equity Income Fund (WEQ.UN)
Dividend yield: 9.39%, 0.60$
Dividend distribution: 228$

Atlantic Power Corp (ATP)
Dividend yield: 7.13%, 1.09$
Dividend distribution: 109$

NEW: IBI Group Inc. (IBG): 2 608$
190 stocks
Stock price: 13.67$
Dividend yield: 8.076%, 1.104$
Dividend distribution: 209.76$

NEW: Veresen Inc (VSN): 1 895$
135 stocks
Stock price: 13.96$
Dividend yield: 7.15%, 1$
Dividend distribution: 135$


NEW: AGF Management Limited (AGF.B): 2 541.83$
140 stocks
Stock price: 18.06$
Dividend yield: 5.98%, 1.08$
Dividend distribution: 151.20$

EnerCare Inc. (ECI)
Dividend yield: 8.13%, 0.65$
Dividend distribution: 1.95$

NEW: Calian Technologies Ltd. (CTY): 2 053.83$
105 stocks
Stock price: 19.50$
Dividend yield: 5.128%, 1$
Dividend distribution: 105$

NEW: Northland Power Inc. (NPI): 2 053.83$
124 stocks
Stock price: 16.44$
Dividend yield: 6.622%, 1.08$
Dividend distribution: 133.92$

TOTAL of dividend income: 8 126.87$

The goal of the exercise was to reorganize the portfolio in order to maximize the dividend income. In the BEFORE part, I did not count the special dividend because special dividends are what they are. 2011 has been a great year for Sprott Inc. (SII) special dividend, but the same situation may not happen again in 2012. I wanted to keep it real and just go with the normality.

With this transformation, I was able to boost my dividend income of 1 662.52$. You’ll notice some of Susan P. Brunner stocks in the list. Once, again, I went through her stuff! At 8 126.87$, the annual dividend income is quite interesting. I do not plan to apply the “AFTER” portfolio at this time, it was just a fun exercise to do, while it was raining outside...But it’s quite interesting to see that with a few minor transformations, I am able to exceed the 8k in dividend distribution.