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Tuesday, July 17, 2012

I do not hold any RBC Royal Bank mutual funds anymore


Some really nice dividend had kicked in lately. Watch below:

Student Transportation Inc. (STB): $9.92
Premium Brands Holdings Corporation (PBH): $130.24
Pengrowth Energy Corporation (PGF): $16.42
New Flyer Industries Inc. (NFI): $14.91
Firm Capital Mortgage Investment Corporation (FC): $3.12
Enbridge Income Fund Holdings Inc. (ENF): $34.81
Crescent Point Energy Corp (CPG): $5.16
Colabor Group Inc. (GCL): $18.36

And best news is, the month is not over yet!

A long time ago, Premium Brands Holdings Corporation (PBH) was Jean-François Tardif number ONE stock. PBH is still a good runner today. PBH is kind in the same industry as Colabor Group Inc. (GCL). I do like PBH, but not GCL as much.

In a portfolio – at least in mine – there’s stuff performing VERY extremely amazingly well and others, like GCL are the so-so stocks. But who care? The extraordinary of the extraordinary are performing sooo well that they just pushed away all capital loss. Its a reason why I LOVE the JFT Strategic Fund (JFS.UN) because just like my extraordinary stocks, the extraordinary JFS.UN will simply push away the result of the capital loss on my portfolio.

I just have like less than 5k in capital loss in my non-registered portfolio. So its not too bad. I have my chances to go over a +++ value instead of just a + value. See what I mean? ;)P

ADIOS, RBC BANK ROYAL MUTUAL FUNDS. I flush you yesterday!

I used to hold some RBC Royal Bank mutual funds inside my RRSP, but I sold them all this past Monday. So you won't ever see again ANY RBC Royal Bank mutual funds inside a portfolio value update of mine. NEVER AGAIN. I wasn’t going to do so, but I did this to protest against the 3% interest increase made over my RBC line of credit. A 3% increase for no reason. I never miss a payment on it, I have a great net value, probably a great credit score too, and there’s no change for our prime rate. I find it very insulting. 

No change over the prime rate, but RBC Royal Bank is still increasing the interest rate on my credit line? What the heck RBC Royal Bank? Who do you think you are?

Well, watch out RBC Royal Bank because I am FLUSHING u forever from my life.

I have more than 5k in RRSP money that I will transfer to a competitor. Should we say the same? Who’s going to get the RRSP money? The answer: TD Waterhouse! Following what, I plan to inject the money in the JFT Strategic Fund (JFS.UN), but that’s not exactly closed yet.

That’s what happen when bankers little F mess up with the Dividend Girl! :0) Come baby darling, come and mess up with me!!!

Lovely, isn’t?

Job done and completed.

Thursday, July 12, 2012

Watch out for the disastrous Maple Group or The Salvation Group


My non-registered portfolio closed yesterday session $122 799. I had been waiting for this for a very long time, and it’s going to happen, the destruction is among the way. Canadian authorities had been dumb enough to approve the Maple Group acquisition plan over the TMX Group Inc. (X). I am not a supporter of the Maple Group. What I want is to benefit from the situation. $50 per share for the TMX Group Inc. (X) and no selling out commission fee to pay out. Following what, I will be free to partly restructure my portfolio. Hello money! 

Westshore Terminals went from a .UN company status to a newly incorporated or what so ever. There’s nothing much to say. The transformation happens and you can now invest Westshore Terminals under the ticket symbol WTE. I invested in WTE a little way back. Best thing about a blog is getting reader emails and getting those really good investment ideas. It’s been the case with WTE, EIF and WEQ.UN among other. I get the best stocks in and just keep watching the wild ride. I am note done yet.

Some beautiful dividends had arrived for July, magna cash. I think July is going to be a very great month.

I want to be an attorney too. Meet Chloe Wolman


It’s not often that I wake up at 5 in the early morning dawn… but today I did. I have some freelance stuff to complete. It’s now done finish and completed. And I am just waiting for more… I really began to be addicted to the work. It was far from being easy to get use to the job, but once in, I am in and ready to make some cold rough cash! 

The best part of being a freelancer is the: after waiting over 30 days to receive payment, well, the really best part is: pay me within 2 weeks or you’ll have to deal with a small claim! I feel like a boxer in the ring! Ready to PUNCH whenever the occasions present. JUST BE READY! And gees, I might be a pretty cutty scary damn thing because well, it worked. At least this time. I am going to tell you all about how to freelance really soon and how to deal with the shita that might and will certainly present by itself among the way. Because shita is my specialty!  

Being a freelancer is not easy, especially when trying to combine freelance to a regular full-time job. In my case, I don’t really have any choices; I need to create a good cash reversed because by the end of September, my full-time contract will end. I am currently waiting for payments that were due for MAY. Yeah, I know. In my case, nothing is really easy, but as I was reading the Globe and Mail and reading the story of the Nikita Chloe Wolman. You can read it too right here. She’s an attorney and has lost her job in Beverly Hills. She has over 100k in student debt and might have lived the vida loca in Beverly Hills. She must be living off. And unfortunately, I guess that while being an attorney, you have the attorney lifestyle. 

The lifestyle part is very dangerous. I wouldn’t have the portfolio I have if I wouldn’t have control my expenses. My wanted to fit in too much, people take wrong money decisions. By wanted to be somebody, people spend thousands on MBAs. I personally don’t need any of that shita. And I am not afraid to push down what I don’t want in my life and I am ready to fight HARD for what I really want. It’s a matter of education too. Being from a well fair background certainly doesn’t help in the process. Being well off created unnecessary needs. Like the big car, big apartment, designer clothes and etc. etc. etc. Being plastic is soooo boring. While listening to the Desperate housewives of Vancouver, I couldn’t help it but find those women, at a point, despite being pretty, being so plastic, overdone, overrich, overplastic. And somewhere, so desperately boring, unreal, fake.
Life is all about choices. If you make the wrong ones, you are going to fail. Going to the best schools, holding the MBAs of the year won’t ever make a change on how you are successful in life. Universities are money s@ckers. Take McGill University right here in Montreal. A real joke. Those types of institutions want make us to believe that while attempting their programs, we’ll become somebody, the big cash will just show up like that. Come on.

I feel sorry for Chloe Wolman, but at the same time, she has to assume her decisions.
People like her, and I know I am judging super hard – are from the freak universities junkees show. If you are stupid enough to spend thousands and thousands away for an education, well, at the end, it’s no surprise that you’ll pay the price. It’s all about values and the society of today is totally missing the point. Don’t come after and cry ohhh I have $100 000 in student debt!

I have close to 100k in debt too and I have no problem living with that. I assume myself and my decisions.

Another problem is that people are way too naïve and gave have way too much confident in the systems and institutions while they should just stay as far possible and use only what they need.
Relying on other people than yourself is a big no-no. See, I am pretty sure that somewhere, Chloe Wolman employer could have keep her, but they preferred to keep the big bucks for themselves. Selfishness is everywhere, even here on this blog. Never forget that.

Saturday, July 7, 2012

Some stuff going on for our Westshore Terminals

According to TD Waterhouse:

"Westshore Terminals Investment Corporation Stapled Units
TERMS AND CONDITIONS:Please be informed of a Plan of Arrangement between Westshore Terminals Investment Corporation and Westshore Terminals Holdings Limited. As a result, holders will receive one (1) common share of Westshore Terminals Investment Corporation (WTE (TSX)) (96145A200) for each stapled unit of Westshore Terminals Investment Corporation held."


We'll talk about this later.

Thursday, July 5, 2012

To be or not to be a sexy anonymous blogger


My portfolio closed yesterday session at a very good $123 840. Oh, not exactly… $123 840.98. LOL. It’s all in the power of the cents. And right now, the cents are quite powerful. So far for June, my dividend income had been of $669.99. I have no regret over breaking my DRIP on my non-registered portfolio. I am quite busy, it’s harder than ever to follow my stocks. However, the portfolio is doing quite well and I am very pleased.

As you know, I spent the weekend of the 1th of July in Ottawa. I haven’t seen my brother in almost a year. It was a fun weekend and the weather was perfect. I went to the Van Gogh exhibition, the Casino of Lac-Lemay, the Maya exhibition on Quebec side. I shopped at the Rideau Centre, went to the By Market, got my Obama cookie (once every year, that’s a good treat lol), I ate at fabulous restaurants and I probably gain weight. If you go to Ottawa, go to Radisson or Rodisson at the end of Spark, it’s really good. I also went to a Vietnamese restaurant in Somerset (?), all you can eat Japanese food on Rideau I think and I walked downtown, went to the Ottawa Jazz Festival and, of course, I was at the July 1th celebrations. It was quite impressive to see Jully Black live. Remember the HubPage article I wrote about her while back and remember that she wrote me on Twitter? Well, I finally got the chance to see a live performance of her. She was fabulous. Rock Voisine, Acadian icon was there live too and many other. All this to say that yeah, I had a fun time in Ottawa. I may visit again in August.

As you can see, I am doing well like a charm, the dividend income is quite good and my 4 months contract will end in September, bye bye la visite, bye bye Quebec. I am about to cash big on the Maple Group deal. Everything seems to be in order for the Maple Group to acquire the TMX Group Inc. (X). I had picked the maximum cash option, $50 per share. Following what, I will restructure my portfolio. Remember, I plan to hit the 6-6-6, 8k in dividend income. That’s about to happen soon. I just need to take some time to study. It’s quite a job on itself to invest in stock. Time is flying by and I have organization problem. Especially during summer.

Imagine what, I have received an email from Cimon Plante. That’s what he wrote me:

“Hi Sunny,

I've just stumble upon your website and I really enjoyed it! I am an investment advisor, in Montreal, for 7 years now and I applaud your financial acumen.

If you need info for a stock or you want to grab a cup of coffee, let me know!

Cimon”

By the way, Cimon Plante works in the same building where is located Blue Note (BNT).

First, we need to admire the gut of the guy. Mr. Cimon Plante wants to meet the Dividend Girl. Oh lala. Does he really know what he’s getting into? I mean, despite being married, I have to say, it was quite tempting to meet Cimon Plante to see what he would have to say. Fact is, yeah the man is married (I did my search – remember that I want to do like the Desperate Housewives of Vancouver now and married a millionaire) and I don’t like to lose my time in meeting that will just drive me no where. Why will I go have coffee with a married man? Also, meeting someone like this will rip off me as being a sexy anonymous blogger. A man will know who I am, what I look like. Do I want that to happen? Certainly not. Do I want to meet Cimon Plante? The answer is not no, but I prefer to stay away from married men. Because married men are what they are: married.

LOL.  

Fact is, no matter how charming they sound and no matter how good looking they are, please, for the sake of God, stay away from investment advisors, especially Quebec ones. Here in Quebec, society suck. Just follow the education crisis in Quebec, follow those students coming from outside Quebec who are getting ripped off by Quebec society, listen to the outsiders like myself getting over-tax while living in Quebec and not being able to benefit from health care. Listen to the anarchists, those who have no respect to our Royalties, to our roots. I mean come on. Quebec society is a whole piece of shit. Never give your trust to a Quebecker, never give directly ANY of your money to ANY financial advisors of the like of Cimon Plante. Quebeckers are not trustable. They are vulnerable, they don’t pray God, they have no religion. The Quebec popular mass is completely disgusting. They are selfish individuals who only think for themselves.

Cases like Earl Jones are not isolated here in Quebec. In their freshness, people think that advisors are there to help. It’s not true. They are only sale people who touch commission on investment they sell out and, even worst, it’s easy to lose your money. In a case like Earl Jones, some people never gained back the totality of the money they had lost in the hands of the criminal. So wake up, be smarter than the 99%.

Go there, invest by your own and kick some ass. It’s easier than what you think. My blog is the real proof that anyone can save money no matter how little they gain. Take in consideration that we live in a capitalist world, there’s nothing you can’t do about it, if not just to fully take advantage of it. Poor don’t have to become poorer. If you can eliminate all luxuries from your live, big car, big house and big whatever else, you’ll be able to make it. Myself, I am almost there. How would you feel not having to rely on an employer or anybody else other than yourself to make a living? That’s what success is all about. Not having to deal with stupid employers, not having to deal with laid off. Your financial security will be your big finger over all that. Of the poison of life. No investment advisor is able to do that for you. They are working themselves their ass off to pay their big mortgage and luxuries etc. Why would you trust financial advisors? Do you know who they are? Do you know what they hold as investments? No, you don’t know anything about them. They are completed strangers. In front of strangers, don’t have any money talk, if not just the Dividend Girl because well, you know me now.

No one knows what will happen tomorrow on the stock market. There’s no magic trick with the investment game. For that only, I own Derek Foster big part of what I have today. It’s unbelievable how much his books help me to build in a portfolio by my own.

I wrote about my experiences with Quebec financial services, with banks, Desjardins, BMO Bank of Montreal, Manuvie etc. It’s really important that you read them all (in other word, you need to read all of my posts of 6 years of happy financial blogging). Get in touch with Quebec reality read about all the shit I went through to build myself a portfolio. They wanted me to fail, but I succeed. Ok, well, it’s not anytime soon I will stop working but more than ever, the whole investment game is getting interesting. In other word, I seriously begin to kick some ass.

LOL. So for that reason, sharks are around. RBC Royal Bank is increasing my credit line of 3% and Cimon Plante wants to meet me. In your wildest dream baby.

The only Quebecker I trust from the heart is Jean-François Tardif. I trust him and only him for many several reasons. I don’t think I will get rip off by him, sincerely. It’s not all Quebeckers who are bad of course; I speak in general terms, but please, watch your back. Don’t trust anyone, if not just a man. I like JFT because he doesn’t hold a stupid MBA title. AND he went back on the public investment scene after making millions. He didn’t need to come back, if not just for me (I KNOW LOL). To help me increase my overall income through his JFT Strategic Fund (JFS.UN). So see, in other word, Jean-François Tardif is all mine and I don’t want to get out of the anonymous blogging scene because being anonymous is HOT and Jean-François Tardif is F hot too.

Saturday, June 30, 2012

Hello Ottawa!

Look where I was yesterday at 8:30 PM :



I arrived at the University of Ottawa and I went straight across the Rideau Centre. I wanted to take the bus to go to my brother place. I wait, wait, wait... and finally decided to take a taxi. We went out. My brother took me to a drum & bass place. That's how it look and sound:



Interesting...

That's my bro. Everyone is sleeping in where. I may escape to the Van Gogh exhibition in Ottawa. I  have a feeling that my young brother is going to sleep in until early afternoon... I will leave him a note to call me when he wake up. Isn't fantastic, a Van Gogh exposition at the Musée des Beaux-Arts?! I am happy to me here.

Otherwise, beautiful day in Ottawa, its going to be fun! A bit of shopping, an Obama cooky maybe again on my way and some walking around. The last time I was here was a year ago, in August of last year. I don't come here really often.

I have received new dividends. The non-registered is at 121, almost 122k. It's not too bad, but I am off of a couple thousands.

Sunday, June 24, 2012

Oh lala, the JFT Strategies Fund (JFS.UN) is hot hot hot!

An email coming from a reader of myfirst50000.com:

Hi Sunny,

I love your blog. Keep it up!

Just had a quick question regarding;

JFT Strategies Fund (JFS.UN)

I was planning on buying some of this fund because you are always hyping it up.  But it doenst pay dividends, do you think it will pay dividends in the future?


Hyping it up? YES for sure. ;)))))

Charming isn't? Because of me, more people are investing in the JFT Strategies Fund (JFS.UN). I am Jean-François Tardif personal broker. The fund will explode in value soon. Watch out!

And for the question, I don't think the fund will pay dividend in the future. Just my idea.

In need of credit? Forget about going with RBC Royal Bank. Read my story

I have a $10 000 credit line at RBC and the interest rate used to be 7.52%. But that all change a couple of months ago when I received a letter from RBC Royal Bank saying that my interest rate was going to be increased of 3%, from 7.52% to 10.52%. I never missed a payment on my RBC credit line, I have a very good credit score, I never missed a credit payment as far I am concern. A couple of months ago or even now, the prime rate hasn’t change. So what had changed?

The way RBC Royal Bank does business has changed. Unfortunately, among the process, they might have taught I was someone to mess with but unfortunately for them, they had knocked at the wrong door. That happens when I was in New Brunswick. I went to my local RBC branch and was told by the manager, a poor guy, that the cost of borrowing had increased, so the bank had no other chosen than to increase interest rate on their products. He also told me that other banks were going to follow soon.

I wasn’t exactly impressed by RBC for doing that to me. The manager of the branch was a f idiot, but the representative I was dealing with had made efforts to decrease the interest rate a bit for me, but I wasn’t able to get better than a 9.30%. I told him it was ridiculous, that the prime rate hasn’t change, that I never missed a payment what so ever, and I told them that if I wasn’t getting my old interest rate back, that I will sell my mutual funds and transferred everything to someplace and that I will never used RBC products, banking accounts etc ever again. I told him that they were going to lose all of my business.

Time passed by and nothing else had been done to facilitate my life. RBC decided to keep their f 9.30% right there and RBC decided to lose a customer.

Right on.

I was waiting for the TSX to perform better before selling my RBC mutual funds, but I may act now, whenever I am in the vibe to say a big F U to the RBC Royal Bank.

My investment portfolio is performing very well and those investments I have in different RBC mutual funds never performed as well as my portfolio. On top of that, RBC is charging very big management fees and it simply doesn’t worth it for me anymore to have money invested at that bank. I just cannot wait to have the money transferred over TD Waterhouse and have some new investments made in my very own RSP account.

RBC Royal Bank should have known better.

Now, they are losing business over my RBC mutual funds fee, but on top of that, they are losing business over interest fees on my RBC credit line. Because believe it or not, I have decided to pay off that RBC credit line. Why? Its not because of the pressure made by RBC by increasing their interest rate on MY credit line. No no. No one have control over me. I have decided to pay off my RBC credit line because I have extra money and I am running out of investment ideas. So instead of just throwing the money away in stuff I have no real interest in, I have decided to pay off the credit line.

On my RBC Royal Bank credit line, I currently have left $4 485.66 that need to be paid off. I plan to have it clear off by the end of the summer and I also plan to have the mutual funds sell and transferred by the end of the summer.

Its going to be a fun summer right? RBC Royal Bank bunch of little F@ckers shouldn’t have messed up with me. I am finally going to get rid of those mutual funds after all.

Anyone facing the problem, interest being increased on a product for no reason, no change in prime rate, no payment skipped, should do exactly the same thing: sell off, paid off and closed the f account and let the F@ckers know how you are.

My debt situation on date of June 22, 2012

$7 946.88 at a low interest rate of 4.75% (RRSP credit line rates) = $377.48 in annual interest

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

$7 952.57 on a credit card at a low interest rate of 2.9% (result of a credit card balance transfer) = $230.62 in annual interest

$6 734.65 at low interest rate loan at 5.50% (student loan) = $370.41 in annual interest

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

$4 485.66 at 9.30% (credit line rates) = $417.17 in annual interest

$55 513.38 at a low interest rates of 4.25% (margin money coming from my broker account): =
$2 359.32 in annual interest

$1 795.54 at 0.99% for a year (with American Express) = $17.78 

TOTAL: $89 328.68

TOTAL in annual interest: $3 968.79
[In date of June 22, 2012]
 

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