My next investment: Canadian National Railway Company (CNR)

Its heavily raining in Montreal and I am stuck inside, waiting for the rain to stop.

I just watched Derek Foster presentation giving in Regina and I find it very great. Derek Foster is a very great talker and he must have been a very good teacher. His presentation give a good overview of his work. He actually talked about a few stocks, but nothing new. I have someone who comment saying that he didn't talk much about stocks and actual investment. He did mention a few ones. It was a quick presentation of about 30 minutes or so. Very nice. Now, we all waiting for Derek Foster new book to come out.

I recently got a stable job and for the next few weeks, I will be fully load of cash. also recently, I partly sell FR. At first, I wanted to use the money generate from the sell to invest in a dividend stock, but for now, I just have one idea in mind: to invest more in Canadian National Railway Company (CNR). In the immediate time, I won't be earning much in term of dividend. CNR has been among the top stock performer of my portfolio and thinking about it, chances are that CNR will simply continue to gain in value over the years. Compare to Europe, Canada public transportation is similar to a third world country, or almost. Anyway, we have the train. Its not a fast speed one, but still, we have rails. At least.

CNR is the type of idiot proof stock that you can hold with basically any fear. currently, CNR value exceed the $91 per stock. I won't be investing in 100 stock of CNR, just a few ones, not even 20. No matter how big or small is the investment, in 20 years from now, those stocks will probably be worth a fortune and I will probably be able to benefit from them.

I still have an idea about investing in a REIT, but I don't know which one. 

Financially illiterate but real genius. 0)

Is it still raining? I want to go home.

Andrew Hallam, the millionnaire teacher, but that's all

I was supposed to wake up at 5 but I wake up at 6 to complete some freelance work so this post won't be proofread (like usual) and it might be short (very unusual).

I am now enjoying my weekends because I barely have nothing at all to work as a freelancer.

Anyway, I was at the Chapters on St-Catherine this weekend and I send the book The Millionnaire Teaccher of Andrew Hallam so I gave it a quick onsite read. I couldn't believe that the guy deprive himself from essential living expenses such as food and public transportation. I am a frugal babe, but I will never deprive myself from food to have more money to invest. For quite sometime, he was able to save as much as 70% of his teacher salary to invest. Nice, but the poor guy certainly never taught of the effects of such deprivation on the long run. Andrew Hallam may be a millionaire, but he's a complete maniac.

He used to barely heat his place (hey dude, in Canada, we have winter) and eat a poor diet composed of pasta and peas. Barely no vegetable. Such diet is very dangerous for the eyes and the immunitate system. I didn't saw a doctor in more than 10 years (its not a good thing to do but I am not going to even try to find a family doctor in Montreal) its because of a wealthy diet. I have a taste for sugar and junk food occasionally but these days, I am even working on it better. Just to say that you will turn very badly if you do it like Andre Hallam. When I am saying that the man is a maniac, he's really is.

His book is mostly focus on the power of saving and the value of investing, the effect of interest over time and not that much about investing. If you don't know how to save cash and spend it smartly, you have a very long way to go before you can even find money to invest. That's depressing. The book of Andrew Hallam is a very depressing book.

You don't have to have a million book to be rich. You don't need a million to be financially rich and independent. That's the very smart way of Derek Foster.

Andrew Hallam loves money, but he hates debt. Holding debt never been a problem to me. I never paid my student loan because I preferred to have those several thousands on the market and in "save" in case of need. Also, don't forget the tax credit. 

I visited Andrew Hallam blog a few times and I cannot read him, his perfect English.

I want to feel the excitement of the stock market and I don't get that kind of buzz and hot feeling with him.

Saying goodbye to some Majestic stocks - FR

My investment portfolio is going quite well. When the TSX goes up, everything goes wonderfully well. I was quite serious to check on my annual dividend income so I went through some calculations to find out that I am now at $6 908.05 in annual dividend income. Not bad, but I remembered having more not too long ago. I don’t like to be under the 7k in dividend income. After all, we had reached the 7k back in 2011. It would be nice to learn more year after year and not less right. There’s many ways to benefit from the stock market. The dividend income is among the easiest and safest way to benefit from the market. You can of course play the market, perform day trading, but risks are there and exist. And talking about trading, I have sold 100 pieces of the majestic First Majestic Silver Corp (FR) today. The only reason behind that sell is that I plan to reinvest in a good quality Reit product and cash in some dividend juice. 

I still hold some pieces of First Majestic Silver Corp (FR). Holding in to First Majestic Silver Corp (FR) haven’t been easy. However, I hold because I like the idea of investing in a company who declared producing the purest silver ever. Its sexy and powerful. And if you know Eric Sprott, you know that silver is the investment of the decade. Not the past decade, but this very decade of the years 2010. I am closely watching the market and recently, silver make some good gain. I had quite some money invested in silver and I want this to work out. Or should I say I NEED THIS TO WORK. So Eric Sprott darling, you better be right, because if not, I am going to push it really bad on you. Would it make any difference? No, but a shitty publicity is a shitty publicity and trust me, it’s not anytime soon that I am going to give up on my portfolio.

So I was saying that I sell some FR stocks. I still believe in FR, just that I wanted my 7k in dividend income really badly. What a girl wants is what she gets. Some other stuff I hold are REALLY performing well, like AGU, CNR, CU, PPL, KBL. Its hard to believe that there’s that much money to be made in cleaning linen but yeah, K-Bro Linen Inc. (KBL) is among my top performer. I own this one to Susan Brunner. It doesn’t seem like she owns the stock, but you can be sure, I own some stocks and I LOVE IT. Their chart is spectacular and KBL is simply amazing.

Now that I have full-time employment for the next couple weeks, I have many projects on the way. Lately, I had been slow on many things I need to take care of. I need to maximize the contribution to my TFSA. I will have to verify, but I might have like a good 20k contribution room left for my TFSA. I plan to fully use my TFSA. However, the process is touchy since I have a margin on my Canadian portfolio. I already taught about transferring my Sprott Inc. (SII) investment over my TFSA, as well as DGI. But before I proceed, I need to apply in cash the amount of their respective loan amount to my non-registered account so my margin remains in the safe zone. It’s no big deal if you cannot understand what I mean. Just know that investing using margin money is risky, difficult and stupid. You need to be a complete idiot to invest on money that’s  not yours. I am totally aware of how lucky I am to benefit from my margin account but at a point, no one can predict which turn this economy will take. I could eventually lose my job for whatever reason (another small claim YEAH!). I mean, you always have to be ready for the worst, never take anything for granted. If you’ll be laid off tomorrow, would you able to survive? And if so, for how long? Do you have a backup plan? I, the Dividend Girl, I always have a backup plan and I like to ask myself the real rude questions. Being aware of your own vulnerability is the best of the protection. I am totally aware. I am just a bit off regarding a backup plan but hey, can I breathe, I just got my new job that past Friday lol.

So yeah, backup plan, but I give you the right to take it easy.

And just in case you didn’t know: TOMORROW IS FRIDAY!

I love Fridaysssssssss! No work, no stock market to play on. Freedom.

Montreal is getting a real taste of the Dividend Girl and they are loving it

I have been quite busy with a bunch of things lately and I got a mix of bad and good news, but mostly good ones. The bad news being that I had lost a big part of my freelance work. The department I was working for had shut down their operations. It could be temporary, maybe they will reopen but for now, they remain closed. It came like a thunder, without notice. I had that freelance stuff to help me once my contract will end see. It was my backup plan. Around 50 freelancers like myself have lost their job. For me, it’s not that of a big deal because I also have a full-time job and another temporary freelance gig. However, the biggest part of my freelance work is now gone. This means that I now have to rely almost exclusively on my employer for my living expenses. Question now being: can I rely on my employer? Well, it seems like so. (Are you ready for the good news now?).

As I told you before, I had moved from my little New Brunswick gangster town to Montreal for a 4 months contract back on May. That contract going to end in September. BUT, I signed a new contract this really past Friday and I got a permanent job! I was really happy Friday to learn the great news and I signed the contract right away. No need for me to “think about it” for sure! Especially with all the shit I had been offered. So I happily signed the contract and that’s how I am now on the road for a permanent full-time employment.

I am the third generation of sexy Acadian women on my mother side who’re in Montreal for work. Reality being if bitches cannot find work in New Brunswick, they simply go someplace else. That’s quite of a simple explanation. My grandmother “worked” in Westmount in a rich family as a maid during the Second World War while my grandfather was working on the boats Sorel. She wasn’t really working. She was paid to answer the phone and served food during dinning time and it’s about all. They have another maid to do the cleaning and I guess another one to cook their meal. They were a typical English Westmount family. In the area, all the houses looked the same. They still all look the same today and they are more expensive than ever before.

A few decades later, my mom follow my grandmother traces, she went to Montreal where she worked for a couple of months, or maybe just a couple of weeks, taking care of other people shit. And a few decades later, it was my turn… I worked in Montreal about 3 years before hitting back to New Brunswick. But I was laid off. I fill a small claim against my employer who have employed while being in debt and I went back to Montreal after I find employment.

Montreal and Quebeckers have treated my family members quite well. André the Saint took great care of them. And now it’s my turn. And it seem like Montreal want me really badly because I have built my small fortune here and now, my contract lead to a permanent job. Montreal wants me and Montreal is getting me. And Montreal is getting the Dividend Girl. I know what you are thinking.

Am I lucky? Oh yes.

And now, let’s move on. The most interesting part is just about to pop out. It’s the money part.

We’ll chat again later because I am not going to spend the whole day writing about myself and I.

Happy shopping.

Mega portfolio pow-wow: stuff that I hold that you should probably be holding too

First Majestic Silver Corp (FR)

I started trading First Majestic Silver Corp (FR) back in May 2011. I performed a few trades on FR, I day trade it for a few bucks. But after a while, I lost my luck and wasn’t able to sell First Majestic Silver Corp (FR) because the value wasn’t going up anymore. So I simply hold the stocks, hoping that one day, my investment would turn into... a mine of silver. No big return for now, however, I am on the closed $100 profit on that one. Lately, FR began to gain in value. I would like to partly sell FR, but I feel FR can go even higher, if not reach the $25 per stock… For that reason, I am not doing more than just holding and waiting for my luck to turn into some real magic cash.

Chorus Aviation Inc. (CHR.B)

Along with Fortis (FTS) and Emera (EMA), Chorus Aviation Inc. (CHR.B) is one of the few stocks that I hold being a Maritimes stock. I invested in CHR.B back in March 2012. I made a profit of $40 on the stock value so far.

I wouldn’t recommend to invest much more than $500 on this one if you are a retail investor. This stock can be quite volatile and it pays a very huge dividend of 16.22%. The dividend distribution is way too high, however, I do enjoy a super high yield stock once in a while. Just need to be cautious with that you hold, meaning don’t invest too much in the same spot. Chorus Aviation Inc. (CHR.B) could turn ugly, but seem to be in good track for now. Always be cautious with stocks paying an extra high dividend yield.

Rogers Sugar Inc. (RSI)

That one came in my portfolio in February 2011. Rogers Sugar Inc. (RSI) is FAR from being one of my favorite, but lately, RSI gains in value, for a reason that I ignore. My investment gains $80 in value. From my experience, RSI stock value likes to play the yo-yo and I really dislike it. I don’t know why I am adding it to this post.

WesternOne Equity Income Fund (WEQ.UN)

I invested in this one back in March 2011. This stock makes me look HOT. My investment in WEQ.UN gain a fantastic $1 263.01. I own it all to one special reader. Thank you honey.

Exchange Income Corporation (EIF)

I invested in EIF back in February 2011. Since that time, my stock value grows of more than 1k. I own this one to a reader too. A different one.

Westshore Terminals Invest Corp (WTE)

I never read much around this one and I never did any extensive search. I invest in this one because I was told that the CEO was among the richest men of Canada. Ok, good enough for me I invested and today, I enjoy some good dividend and a quite stable investment. Go figure. And I own this one to a reader. Another one :)

DNI Metals Inc. (DNI)

That one currently is at $0.29 but could hit higher in close future. I discovered that one while doing some trading. That was back in May of the year 2010. I wanted to perform a quick buy-and-sell move but I got stuck with it. However, I made over $200 in profit on it so far. To the current list, I could add AGU, CU, CPR… ENF, PPL and all the other good stuff that I hold.

In the next part, we’ll see which stocks that I hold that you should NOT, under any circumstances, hold.

Have a happy long weekend. I spent mine sleeping, shopping and enjoying the nice Montreal weather. Its nice to be wearing summer dresses in September. If it could only last.

August 31... really???

I received some really good dividend income recently. So far, I am at $511 for the month of August. My investment portfolio was about to exceed the 125k value when it suddenly drop to $121 019. That’s how it goes these days, the market is unpredictable. For that reason, I am looking forward to decrease my margin. I have over 53k in use on my margin account. I would like to decrease that amount to 50k. 

Thinking about it, it’s crazy how much I have used and reused my margin account money. I made my investment in the Jean-François Tardif fund using some margin bucks, I had purchased my TMX Group Inc. (X) shares using margin $$$. I had paid off my TD credit line using margin $$$, as well as my RBC credit line. I also invested in the Sprott Physical Silver Trust ET (PSLV) using margin bucks. So yeah, I love my margin bucks!

The stock market is way too much of a sexy temptation. It’s hard to control the stock impulse. However, I didn’t invest for a little while. Instead, I paid off my RBC credit line. Having a bit of money on the side can be very helpful these days.

The Euro zone is still very fragile and I had a good conversation on the topic with a colleague of mine who’s from Greece. The politicians had ruined their country basically. It’s not the fault of their citizens. But now, Greece citizens are paying the price and things could be very hard for the next 15 to 20 years. They are cutting the pension paid to their seniors and they have like not much to live on, just the strict minimum.

Some parents leave their children to the orphanage to ensure that their kids are going to have, at least, one meal a day. People living in the city of Athens are living in the worst condition because they have no land to cultivate. And people living in villages are poor, but live on the strict minimum. And also, there are a lot of animals around, like dogs because people don’t have any money anymore to pay for their dog meal. They leave their pets in the street. Those dogs are running around like wolves and can be very dangerous. Authorities shoot them to dead. 

Everything seems to be missing in Greece. There’s a part of population that want to leave the Euro. Left and right political party fight. The elected party in Greece is in minority, which is not helping in anything… And of course, we don’t hear about the real fact in the news. No one can really know how things are really really bad unless you go visit Greece or speak to someone from there.

Nothing is resolved for Greece. And fact is, as soon another bad news hit in regarding the Euro zone, the TSX lose points every and single time. It could be interesting to keep the cash and invest when the market will be down. I use to invest every now and then, but now, I may be watching for opportunities giving in a down market, while citizens of Greece are suffering. That's the side effect of an in deep economic depression.

We do live in a crazy word.

My freelance activities are going well so I am really not under a stress. If my full-time contract as an employee stops in September, I won’t be crying. I am a bit exhausted, I worked all summer long and in result of this, we are today… August 31 (September is tomorrow ???) and I am now 32 years old, but don’t worry, I look like in my middle twenties, thanks to L’Oréal and Oil of Olay, my pretty face is wrinkle free and I look hot. Or kind of. LOL. I look young but I guess I look older than a 23 years old. The Senator Rod Zimmer wouldn't be interested by me.

I am currently under investigation to target new quality stocks for my portfolio. I asked Derek Foster to go back in the Canadian stocks game. Would he listens? :00) We'll see. I  need my stock investment guru to go back in the real Canadian stock. No more US stuff ok?!!!

HAVE A GOOD FRIDAY. GREECE NEEDS OUR PRAYERS.

A Pedophile at the Canadian Senate: Rod Zimmer

At an age that senior retired peacefully, Rod Zimmer, at the old age of 69 years old, is married to a 23 years old. What the demoiselle find gorgeous in the old skin of an old man? Probably not the skin, but just the money.

In this case that is very closed of being a pedophile one, Rod Zimmer is not an ordinary senior, F a gorgeous girl in her hot twenties. Rod Zimmer, believe it or not, is a member of the Canadian Senate. An old man dating a young woman is not appropriate. Ad I believe they have been married for one year now. The marriage is obviously not a happy one, as Maygan Sensenberger literally exploded of rage in an airplane while traveling with Mr. Rod Zimmer, her sugar daddy.

There’s stuff that money can't buy.

It's my Birthday

!!!

Yup, I am turning 32!

Happy Birthday to ME.

Don't let financial institutions like the RBC Royal Bank have control over you

In my life, I always have the last word. When I am not happy I scream (!!), and when an investment doesn't meet my standards I sell. And that's what I had done with my RBC Royal Bank mutual funds: I sell them all. RBC Royal Bank probably think they have the right to increase my interest rate on my credit line of 3% for no reason at all, that doesn't satisfied me and I reply with a punch in the face: I sell my RBC mutual funds and I completely paid off my credit line.

Some says other bank are going to follow soon, going under the same bastard way, increasing  rate for no reason at all. I don't think TD will do the same thing. RBC Royal Bank always been a very fresh and arrogant institution. TD always been the people bank, opening early in the morning (8 AM!!!) and on some days of the week, closing late. Some branches are even open on Saturday. TD had the common sense to watch the middle class and say ok, those people are working from 9 to 5!

RBC Royal Bank started recently services in some branch on Saturday... But they only copied the TD way of doing business. So I think we have to be sensible and responsible enough to make the right choice when it come time to select a bank and a sexy broker.

Banks shouldn't have control over individuals. If Canadians would be smart enough, they will happily flush the RBC Royal Bank like I did. IF you go under the knife - if RBC Royal Bank increased the interest rate on your credit product for no reason, just go ahead and flush the little bunch of F@ckers. RBC will learn the hard way. At a net worth of more than 83k, I am not a customer that is at risk. But RBC wasn't smart enough to figure it out.

Go figure.

And my portfolio just keep increasing. My non-registered portfolio is now $123 919.

RBC Royal Bank can go F@uck itself.