Unfabulous offer coming from Duncan Hood, Editor of the MoneySense Magazine

When I was in Montreal, I could spend hours at the Chapter, a Starbuck coffee at hand reading magazine after magazine until the closing. Now that I moved in New Brunswick, if I want to read magazines, I can do it while standing on my 2 foot at Wal-Mart or Zellers or, I can go at my local library.

Duncan Hood, the Editor of MoneySense Magazine may taught that offering the MoneySense for 1 year at 30$ is a good deal, but personally, that deal doesn’t sound appealing to me. A 30$ for a one year of MoneySense magazine is an offered that I had received. You may receive it if you have an account at CanadianMagazine for their forum or newsletter or some other stuff.

Fact is, you don’t need to pay 30$ per year to get a taste of what frugal living is, or what is investment all about, to get stock information, credit card balance information, stock market hottest news...STOP. Here at the Dividend Girl blog you get that an even more for FREE.

30$, is not that bad. We have much worst with Gordon Pape. Want to subscribe to Gordon Pape Internet Wealth Builder? You can go ahead, but it will cost you $164.95. Oh sorry there, $164.95 + TAXES. Because taxes are not even included in that SUPER HUGE PRICE!!!!

Fact is, you don’t need to pay one single penny to be a successful investor. Why? Well, because you can read my blog for free. You can read online newspaper online for free. You can read Derek Foster books for free at your local library. All free stuff.

Financial services had came with that idea that the more you pay out of your pocket, the better the services are. Well, that idea is completely fall.

There’s plenty of financial blogs out there you can consult for free and if you’re smart enough, you won’t pay a penny to get stock ideas or ways to deal with your money. Like NEVER EVER. Those people like Duncan Hood and Gordon Pape are simply money s0ckers.

My investment portfolio on date of February 8, 2012

Savings: 1 113.71$

Non registered Investments:
Stocks and Units investment portfolio CAN$
Sprott Inc. (SII): 7 548.45$
Timminco (TIM): 2$
Blue Note Mining (BNT): 24$
Bank of Nova Scotia (BNS): 5 688.71$
Hanwei Energy Services (HE): 30$
Methanex Corporation (MX): 3 037.47$
Fortis Inc. (FTS): 3 680.64$
Pembina Pipeline Corporation (PPL): 13 037.04$
Just Energy Group Inc. (JE): 8 737.46$
Pengrowth Energy Corporation (PGF): 2 237.40$
Enbridge Income Fund Holdings Inc. (ENF): 7 470.50$
Corby Distilleries Limited (CDL.A): 1 803.48$
Davis + Henderson Corporation (DH): 3 900.03$
Premium Brands Holdings Corporation (PBH): 7 442.52$
EnCana Corporation (ECA): 4 012.88$
iShares S&P/TSX Capped REIT Index (XRE): 2 462.46$
Horizons Gold Yield Fund (HGY.UN): 2 025.72$
Canfor Pulp Products Inc. (CFX): 1 374.95$
New Flyer Industries Inc. (NFI): 1 528.80$
Exchange Income Corporation (EIF): 7 944.30$
Rogers Sugar Inc. (RSI): 528.28$
Student Transportation (STB): 1 445.35$
Colabor Group Inc. (GCL): 1 135$
TMX Group Inc. (X): 4 256.46$
Data Group Inc. (DGI): 3 084.90$
K-Bro Linen Inc. (KBL): 2 178$
Westshore Terminals Invest Corp (WTE.UN): 5 007.58$
WesternOne Equity Income Fund (WEQ.UN): 2 724.60$
Atlantic Power Corp (ATP): 3 375.60$
First Majestic Silver Corp (FR): 1 960$
Kinross Gold Corp (K): 1 659$
TransCanada Corp (TRP): 1 047$
Canadian National Railway Co (CNR): 2 346.30$
Firm Capital Mortgage Investment Corporation (FC): 537.20$
Sprott Strategic Fixed Income Fund (SFI.UN): 465$
Enbridge Inc. (ENB): 1 094.52$
Agrium Inc. (AGU): 1 156.82$
Canadian Utilities Limited (CU): 1 299.48$
Veresen Inc. (VSN): 1 023$

TOTAL: 120 312.90$

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): 2 303.19$
Cash: 4.12$

TOTAL: 2 307.31$

Tax-free savings account (TFSA)
EnerCare Inc. (ECI): 28.44$
Dumont Nickel Inc. (DNI): 1 581.25$
Sprott Physical Silver Trust UTS (PHS.U): 2 990.64$
Cash: 3.73$

TOTAL: 4 604.06$

RSP investment portfolio:
Sprott Canadian Equity Fund: 6 404.46$
Claymore Gold Bullion ETF (CGL): 5 239$
EnCana Corporation (ECA): 1 967.48$
Emera Incorporated (EMA): 7 126.20$
Sprott Physical Silver Trust UTS (PHS.U): 996.88$
Cash: 136.72$

CIBC Dividend Growth Fund: 561.82$
CIBC Emerging Markets Index Fund: 458.18$
CIBC Monthly Income Fund: 1 081.96$

Energy and Base Metals Term Savings (Indexed term savings): 577.30$
Natural Resources Term Savings (Indexed term savings): 502.06$

GIC National Bank: 1 242.70$
GIC Plus TD: 500$

Maritime Life International Equity Fund
(Templeton): 616.68$
Manulife Simplicity Growth Portfolio: 891.93$
Maritime Life CI Harbour Seg Fund: 1 053.79$
Maritime Life Fidelity True North Seg Fund: 1 004.54$
Manulife GIF MLIA B World Invest: 633.67$

Great-West – various: 1 957,04$
Various other mutual funds: 675$

RBC Canadian Dividend Fund: 558.62$
RBC U.S. Mid-Cap Equity Fund C$: 2 080.71$
RBC Global Resources Fund: 1 094.57$
RBC O'Shaughnessy International Equity Fund: 589.18$
RBC O'Shaughnessy All-Canadian Equity
Fund: 1 191.18$
RBC Global Precious Metals Fund: 885.97$

TOTAL: 40 027.64$

Social Capital at Desjardins Membership share: 40$

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(144.22$):
168 549.84$

What Rebecca MacDonald the billionaire really thinks of Canadian Pacific Railway Ltd. (CP)

I know, this is isn’t me, I haven’t post in a while. I had been busy-busy. First of all, I had been busy writing some articles on HubPages. I wrote about this, this and this. I am looking to make 50$ per month from HubPages in passive income but this is requesting a lot of work from my part so yeah, I had been busy this past weekend. I have develop a lot ideas so I should be hit the 50$ soon, it’s just a matter of time. And once I hit the 50$, after that, chances are that I will be ok to hit the 50$ every single month after that. It’s just about getting that first 50$. Does that remember you of anything special? Like my very special domain address for example?

Also, I had been taking those art classes and it’s been going on well. But before talking about painting and other beautiful tralala, let’s talk about money. Because it’s all about money. One for the money, one to the show.. Is that the correct Elvis lyrics? I heard Elvis songs so many times in my childhood, but the only problem is that in those early years, because I am French, I never clearly heard or understood the lyric of Elvis songs, yeah yeah, on the go. One for the money, one for the show.... lol And the money... And the show...

For the money, my portfolio is a rocking shining star and I bet that every TD Waterhouse brokers just DREAM about by stuff you know what I mean. Yeah, margin investing, I know the game and stock investing, I know the game too. At this point, I think I am at my highest value ever. Just too bad I don’t have time to update my investment portfolio but at least, you have a good idea of the big scheme. My fabulous of the fabulous DNI Metals Inc. (DNI) just continue its road to become a rocket stardom so rock on.

The very fabulous Rebecca MacDonald is putting the TSX on fire with her “energy” stuff. First of all, for those who don’t know Rebecca MacDonald, I feel very bad for your ignorance but you can always click on her to fix that. If you want to know something that you may not know about Just Energy Group Inc. (JE)’s CEO, go on here. Rebecca MacDonald is now a long time billionaire. It gives her the freedom to do whatever she wants. She can say things that she may have never said otherwise, like for example: I won’t buy Canadian Pacific (CP) stocks even if I am now involved in the board of director team. GO WOMAN! Finally, there's a billionaire out there who just worth even MORE than money. Cannot say the same thing for sure about Eric Sprott. Not yet. Eric Sprott has a longggggg wayy to gooooo.

When a company is on a bad track, don’t invest in it. When someone like Rebecca MacDonald speaks, you listen and shut your mouth. Be extremely alert to what she says and does. It could pay back very well. In other words, if you are looking to invest for the real term, please be smart and don’t invest in Canadian Pacific (CP). Ok, I can hear from her: IT'S NOT WHAT REBECCA MEAN. Well, you need to take the content, and extend it to your own retail investor reality. Take big ideas; bring it to your very own social class level. That’s the idea.

This is certainly something that Heather Munroe-Blum would have like to know about. It’s not because you’re in the board of directors of a company that you need to buy inside the company, especially not in period of crisis. Back on May 12, 2011, Heather Munroe-Blum, the principal and vice-chancellor of McGill University, bought 10 000 stocks of Yellow Media Inc. (YLO). It’s not because she’s the vice-chancellor of McGill University that this woman is very bright ok. It’s kind of the opposite. She’s making a luxury living on the back of poor students who were dumb enough to pay several thousands in tutorial fee just to enrol in what they believe is the best university of the country. Well, I have some news for you, the blood Heather Munroe-Blum sacrifices, the shit went directly back on her. On May 3, 2011, the very good investor that I am was selling ALL of the stocks hold of YLO. YLO? Forget about it. You shouldn’t be holding a Quebec company in your portfolio anyway. At this time, I only have 2 Quebec companies in my portfolio and I am looking to get rid of them all ASAP. And following what, YLO continue to fall-fall-fall and became what we know today: a penny stock.

I am hoping that Heather Munroe-Blum, this fresh lady, I really that she lost several thousand on the stock market. She basically got what she deserved. A flop. Want to make a career on the back of public funds and student debts? Pay the price! Sacrifices won’t be vain! The dead of the Safia daughters won’t be vain either. Remember that God is watching. He’s always there. And you can be very sure I will turn rich on DNI. I always knew. It’s why I hold it in my TFSA. Quebec is burning and I have the most fantastic revenge of all time. Sufferings from Quebeckers, laid off, it won’t be vain.

Ok, you might think she’s silly, she’s sick, I understand her.

First of all, you need to think of yourself as being a piece of the chain. And as a piece of the chain all elements are interconnected and they all go in just one single direction, yours. So i you think too that believing in God, being somewhat religious and loving money are 2 things that have nothing to do together well, good news too there, you are actually so wrong, you’re missing the whole point of it. This was all very interesting but I cannot spend the whole evening blogging. While missing me, check out on some new pictures and paintings.

This is my favorite. It was actually made on a Dollorama canvas. Cheap and fun:

Getting closer to the 120k non-registered value

I just received a very good dividend payment of 56.16$ coming from Bank of Nova Scotia (BNS) and 9.55$ from iShares S&P/TSX Capped REIT Index (XRE). My dividend income for the month of January has now exceeded the 800$, which quite good.

My non-registered portfolio is now at its highest value EVER from what I am able to remember: 119 270.27$! Yeah! Make some noises for the Dividend Girllllllllllll! YUUUUUUUUUUUU! lol

Without adding new money in, my non-registered portfolio is very close to the 120k. Nice. This capital boost is also boosting my margin account value. So what I did today is that I took 1 500$ from my margin account and I add the money to my credit line. This bring my credit line at 7 334.59$. I am at 86 724.09$ in debt. This is huge of course, but I am unfortunately not scare of debt.

It’s getting more difficult than ever before to add in some new stocks for my portfolio. I taught lately of Crescent Point Energy Corp (CPG), but it’s not adding any kind of diversification to my portfolio, if not just another pipeline energy stock in. So I at this point, I am pretty much out of aspiration when it comes to picking up some good old Canadian stocks. I totally have it all now in my portfolio and life is kind of boring now. I have in everything I ever dream of. So is it really all? Is it over?

Bah, of course not. I something have trouble to find new stuff but hey, it won’t last for long.

My debt level is quite high. For once, I plan to pay off some of my debt. I would like to be at 80 000$ in debt, not more or less and, if again I have trouble at picking up a new investment, I thing I will just keep paying down those heavy debt of mine.

I know, it sound pretty boring but it’s not my fault, I am running out of stock picks.

I guess at this point, paying down debt is the right thing to do, boring, but the right thing to do.

Watch out, because I can hear you saying: FINALLY, SHE’S GOING TO PAY SOME DEBT.

Yep, I am going to pay some debt.

:o)

My deb situation on date of February 2, 2012

8 302.08$ at a low interest rate of 4.75% (RRSP credit line rates) = 394.35$ in annual interest

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

7 746.26 $ on a credit card at a low interest rate of 2.9% (result of a credit card balance transfer) = 224.64$ in annual interest

6 980.12$ at low interest rate loan at 5.50% (student loan) = 383.91$ in annual interest

5 000$ at 8.75% (credit line) = 437.50$ in annual interest PAID OFF

7 334.59$ at 7.52% (credit line rates) = 551.56$ in annual interest

51 461.04 $ at a low interest rates of 4.25% (margin money coming from my broker account): =
2 187.09$ in annual interest

TOTAL: 86 724.09$

TOTAL in annual interest: 3 937.55$
[In date of February 2, 2012]

My saga with Revenu Québec continue

I had quite a good surprise just a few minutes ago when I look into my broker account. Yesterday, my non-registered portfolio closed the session at 117 091$. At this time, my non-registered portfolio is at... are you ready?

My non-registered portfolio is at 118 344.65$!

This is great because in case you don’t know it yet, my investment book value at TD Waterhouse is of 118 280.62$.

118 344.65$ - 118 280.62$ = +64.03$

Now it’s official, I have beaten my internal capital loss!

Those were for the good investment news of the day.

Remember my drama with Revenu Québec?

Back in December 2011, I had received a letter asking info regarding my RAMQ contribution. I sent all the info requested. And today, I just received another letter from Revenu Québec, this meaning that my saga continue...

First, Revenu Québec is letting me know that in 2010, my total income was of 43 000$. That’s quite good. But following what, Revenu Québec is asking 102.04$ from my pockets for their health insurance, RAMQ. I am going to have this check tomorrow by the accounting I deal with while living in Montreal. I just don’t exactly understand the reason of it, but it have to do with the fact that I didn’t enroll in my employer insurance program while I should and in result, it create an extra tax charge.

See, I won’t be living in Quebec province ever again of my life. Quebec province is hell. You pay all kind of taxes all over the place. In return, try to have access to health care... Trust me, if you move to Quebec province, you won’t be able to find a family doctor. Hospital cares quality is extremely low. Quebec provincial government doesn’t care about their citizens.

Fact is, the job sector is deteriorating in Montreal. A lot of companies closed their doors and it’s a real good thing because really, no one wins by living in Quebec province. Its most taxes province of Canada and the most taxes “country” of the G7. Nothing to be really proud of. Quebeckers like Brian Mulroney, Gilles Duceppe, Jean Charest, Gérald Tremblay are imminent figures of Quebec corruption and the worst thing being that those individuals live freely, Quebeckers accept their corruption. In Quebec, its acceptable to cheat, lie and steal money from public funds. In Quebec, it’s ok to maximize taxes on the back of citizens. But for which reasons? There’s no quality in their educational system, university, health care and infrastructure.

Knowing that, how in the world can you want attract businesses in your territory? Good businesses are leaving Quebec province one after the other and I can say proudly: TAKE THAT QUEBEC PROVINCE. Quebeckers finally get what they truly deserved. And this is of course only the beginning. It’s the beginning of the end. This is my revenge.

Hello 117 561.46$

At 117 561.46$, my non-registered portfolio is going quite well. At this time, I am really looking forward to invest something like 500$ in Crescent Point Energy (CPG). It’s not that much, but it’s all I have at this time. Not to forget that next week will be pay week. Then, obviously, there will be more cash-“IN” to invest.

The reason why I am so excited about this new investment is the following: in my non-registered portfolio, my book value is of 118 265.89$. 118 265.89$ - 117 561.46$ = 704.43$. This mean that at this time, I only missing 704.43$ to recover from my internal capital loss. So that’s very good. While adding 500$ more in my portfolio, I will only be missing a 204.43$. That amount goes up and down of course depending of the value of the non-registered portfolio and of course, that value vary on a daily basis and even worst, during the trading day, that amount vary second after second.

And imagine next week, when I will have 1k to invest.... I will no longer have internal capital loss to beat. I am getting closer to the 200k and I cannot wait to hit the 8k in dividend income. Right now, an issue I am facing in my 2011 RRSP contribution. Don’t ask me where I am going to take the money because right now, all the cash is getting injected in the non-registered portfolio. I don’t have what it take to invest in a RRSP account.

Look at what I find: Crescent Point Energy Corp (CPG)

I am always searching and searching for new stuff for my investment portfolio and I was quite excited with my latest finding and of course, I just have to post about it, you know the stuff, and know you know about another marvellous: Crescent Point Energy (CPG).

Crescent Point Energy (CPG) is obviously in the energy sector. But let’s go straight to the point on why I find Crescent Point Energy (CPG) so interesting!

What you need to know about my newest finding: Crescent Point Energy Corp (CPG)

What really caught my interest in Crescent Point Energy (CPG) is first of all its dividend yield. I was doing a search on dividend yield when I found Crescent Point Energy (CPG). CPG dividend yield is of 6%, for 2.76$ per year. At the current stock value of 45.48$, Crescent Point Energy (CPG) dividend yield is of a bit more than 6%, which is very good. Very rare feature for a blue chip, CPG pays its dividend on a monthly basis. Usually, blue chips paid a quarterly dividend, not a monthly one. So this is quite fun.

Crescent Point Energy (CPG) chart is spectacular. It’s actually not a chart that you are seeing there, but a flying jet that continue its way to a golden future. And the future seems to be quite bright for Crescent Point Energy (CPG). Recently, CPG announced a major acquisition in Wild Stream Exploration Inc. which will significantly increased their production.

The only problem I am having with Crescent Point Energy (CPG) is that it’s another gas and oil company... I already own a lot of stock in that sector: Pembina Pipeline Corporation (PPL), Pengrowth Energy Corporation (PGF), Enbridge Income Fund Holdings Inc. (ENF), EnCana Corporation (ECA), TransCanada Corp (TRP), Enbridge Inc. (ENB) and Canadian Utilities Limited (CU). I have several thousands of dollars invested in the oil and gas sector, but I did very well in it, at the exception of EnCana Corporation (ECA).

Adding a few stocks of Crescent Point Energy Corp (CPG) could be interesting even if I own more than enough in the energy sector.

Susan P Brunner opinion on Just Energy Group Inc. (JE)

Susan P. Brunner reviews one of my old time favorite: Just Energy Group Inc. (JE). She had reviewed JE before in the past and again this time, Susan is hitting hard on JE - one more time - but for all the good reasons. However, I like to have some JE stocks in my investment portfolio.

Facebook Initial Public Offering (IPO)? I am IN

Probably sometime next week, Facebook is going to call in for its initial public offering (IPO). This is certainly the most exciting financial event of the year 2012 and you really don’t want to miss the boat on this one. I don’t care where you have to take the money to invest in this initial public offering of Facebook, I don’t care. And why not, go used your American Express credit card! lol.

More seriously, so far in my investment life, I only took part in one single initial public offering (IPO). I made my first IPO in Horizons Gold Yield Fund (HGY.UN). An IPO is fun because you are getting your rich hands on some stocks for free. This means that when you call your broker to take part in an IPO, you don’t pay any commission fee.

At least that’s how it went with TD Waterhouse when I place my order to take part in the IPO of Horizons Gold Yield Fund (HGY.UN), I didn’t have any commission to pay. Also, TD Waterhouse wasn’t from the list of brokers included in the IPO, but they managed to get me some stocks to make me happy! So thanks you, TD Waterhouse! I guess that normally, if your broker is an authorize IPO issuer; you may be able to place your order in your online broker account, but I cannot confirm. At 9.99$ per selling and buying operation, trust me, a commission break is greatly appreciate.

Anyway, let’s see, what’s an IPO?

An Initial Public Offering (IPO), mark the really first move of a company inside the wonderful and sometime less wonderful world of the stock market. An IPO is being called when a company want to make its move and integrate the stock market. In Canada like any other places in the world, there’re some very successful companies, like Facebook, who are not from the stock market. Among the way, those successful companies decided, for a reason or another, to get a symbol ticket and decided to take place in the stock market. The reason why of that is mostly to bring in cash to the company, that’s how the financial crap work. It might be crap, but anyone can make money out of an IPO and out of the stock market. You just need to go in there and do you thing.

As the name explains, an IPO is open to EVERYONE and ANYONE. As long you have the cold cash in your broker account, you simply have to DRING DRING, call TD Waterhouse or whoever else is your broker and say: I want some Facebook future stocks! And what you want is what you get.

It’s really as simple is that. And oh pleaseeeeee, when you place your order, write down the following: the time of your call, the date, the name of lucky broker who place the order for you and also, if he or she can provide one, an operation number or whatever else reference number. From what I remember, TD Waterhouse doesn’t provide any reference number but the broker gives, at least their name.

Facebook is not from the stock market yet but it worth as much as MacDonald. You know, the fast food company...

This is all very nice, but I am going to continue even if it’s Friday night and we’re going to see together why an IPO can be very interesting.

First of all, when you participate in an IPO, the stock price is giving. They usually ask for a minimum investment amount. From what I experience with HGY.U, the minimum investment requested is reasonable. The stock price is one fix and usually, if the company is a good one, like Facebook, once the company hit the stock market for real, the company stock usually exceed the value of the initial public offering stock price. So that’s something that is extremely interesting. You are almost guarantee to mark some interesting capital gain.

Please, take advantage of the US-Canadian parity dollar

Right now, the Canadian dollar worth as much as the US dollar one. Now more than ever it’s time to take advantage of the parity to get some fresh US dollars.

Following what, when the initial public offering (IPO) of Facebook finally kick in, well, the only thing left for you to do will be to call your broker and voilà.

You just learn something very fantastic tonight that will allow you to experience, with a bit of luck, a lot of cash in term of capital gain. So be happy! And go work on your Facebook page please! Facebook is hotter than ever before. Be ready!