As usually
for a Saturday, I got up late, but this time extremely late, at 2 pm. I moved
quickly when I realized than I spent more than half the day on my beauty sleep.
I got ready to go outside and check my lottery tickets (I haven’t won ANYTHING,
one more time), I stop by my favorite bakery oh lala (I am soon about to post
this Montreal wonder), I talked to my mom and hit by a Second Cup to make a
change. And here am I. I couldn’t believe when my mom told me how cold it is in
New Brunswick. For tonight, a temperature of ... are you ready... -29°C had
been announced!!! It’s going to be cold. My dad is already fishing on the lake!
ALREADY? Yeah yeah. I wasn’t expecting it would be so soon, but only in about
2-3 weeks from now.
One of the
few benefits of being in Montreal is that the weather is usually not too cold
during the winter. At least not as cold of where I am coming from! Where I come
from, you know how to survive on less. You ate the fish you catch on the lake
and you kill little birds to feed yourself. LOL Remember the picture of the kill little bird? Those pictures still make me laugh on date of today.
I don’t like
winter too much but what I do enjoy all year long is to blog about my usual
blabla and also, well you know, is to invest in stocks whenever I have a
chance. It took me quite a while to invest in stocks. I started investing while
being a young and sexy 25 year old. In 2005, I started investing in GICs. And
later on, I started investing in mutual funds. It’s actually only in 2008,
while being a 28 year old chick, that I started investing in stocks. And now at
32, I am sexier and richer than ever before.
The reading
of Derek Foster’s The Lazy Investor changes my life for... the best. I got
richer on Derek stocks. From 2008 to 2012, it hasn’t been easy. First of all,
my guru decided to quit the stock market, sometime I believe in 2008 or 2009 it
was. That event left me alone with my dream of becoming financially independent.
In 2008, the stock market went crazy, I went crazy (lol), got laid off, got
hiring again and so on. Luckily, because I am sooooo damn good looking, my
income increased years after years. And because I am good looking I never too
much problems finding work. At a point, I was even working just 25 hours on my
main job and a few hours more at another job on the weekend. I wasn’t earning
much but I still was able to find a couple of hundred here and there to feed my
portfolio.
At this point
of the journey, I realize this: why should I dream of living on $1 000 dividend
income a month or so while I can earn 40k+ a year only by working at a job?
Well the point is, the ultimate goal is to live from the dividend I earn, but
as long I will have the chance to be on the work field and earn good money, I
won’t quit the employment world. Fact is, it take a lot of money to be able to
live from dividend. While being on the work force, building a dividend income
is a way to protect ourselves from a laid off. A dividend portfolio is there to
help you become independent of your employer.
My living
expenses are quite low and I can put them lower so in case of laid off or
whatever else, I will be able to survive. You have to think and act for the
worst. That’s why it so important to have some savings. I had been smart enough
not to enroll myself into a mortgage. I am not a home or condo owner. I don’t
own anything if not this blog and my portfolio. Getting enroll in a mortgage is
a trap. Your house or condo will never generate cash to live on, unless you
rent it. With the actual market, owning a place doesn’t worth it, unless being
already rich. A house or condo will always generate a bunch of expenses. And
where are you taking the money from to cover it up? From your very own pockets,
nothing elsewhere. A mortgage makes you a slave to employment forever. I have personally
much better things to do than giving away my valuable money on a mortgage so a
bank can take financially make money out of me and take advantage of me. NEVER.
I rather be warm in a tiny one and half apartment located close to everything
and everywhere.
Basically,
you need to come with your own rules and live and fight for what you believe
in. I guess you understand by now that I don’t believe in mortgages and home
ownership. Unless you have big money and are a millionaire. But I am not a millionaire
and I don’t blog for those who are and for those who are money freaks. Don’t
ask me what I mean by money freak because I don’t really know. Ahah I never
have been really into money. What I want is to be able to build something
strong with what I have and with what I am able to save as money. Other than
that, my life is not really money orienting more than that. I guess one day I
will be finally taking those English classes lol.
But until
that time, what I do know for sure is that my non registered portfolio closed
Friday session at $123 702.67, -1.51%. A natural anti-wave of less than 2% is
not that of a big deal. While investing in stocks, you need to be ready for
everything. That’s why it took me so long before investing in stocks. It’s not an
easy thing to be able to understand our wonderful TSX and understand what it’s
all about.
And guess
what, my Black Diamond Group Ltd (BDI) is up of closed to 3% increase in my
portfolio! I really like it when my newest acquisitions just rock it on the
stock market. You know, the usual stuff.
My investment
in Bombardier Inc. (BBD.B) is doing better. I am up of +0.8%... I just received
in December my really first Bombardier stocks. This investment in a Quebec
company is almost making a Quebecker out of me. The headquarters of Bombardier
are located just downtown Montreal. One day, I will do peek peek some pictures
and show you up some Bombardier stuff. But I guess you know what jet plane and tramway
wagons look like anyway. Because that’s what Bombardier business is all about.
What my
investment plan for 2013 is all about
In 2012, I
took some risks my investing in companies like Bombardier Inc. (BBD.B), Veresen Inc. (VSN), Chorus Aviation Inc.
(CHR.B), Keg Royalties Income Fund (KEG.UN) and Heroux-Devtek Inc. (HRX). But
now that my non-registered is exceeding the 120k+ value, I am looking forward
to add some more value in, more very great quality stock. Emera Incorporated (EMA) is exactly the kind of things
I need to hold more in my non-registered portfolio. Next week is payday and I
am looking forward to invest a couple of hundred in my Emera Incorporated
(EMA). I know this Martitime company very well. I had been holding EMA in my
RRSP portfolio for a couple of years now.
The Maritimes and Newfoundland and Labrador are very rich provinces, but
the richness hasn’t been exploited to their maximum so far. In New Brunswick,
the Tories are slowly killing our province. We haven’t been lucky in the past
couple years, but we are fighter and we’ll get rid of the extremely poorly
skill people like Bernard Valcourt one day. At a point, New Brunswickers are a
bunch of suckers for voting such a creep. Anyway, while New Brunswick is living
its poverty, other provinces are doing much much better, even while being under
the federal authority of the Tories.
Right now, Newfoundland and Labrador is the place to be. I guess it is
really cold there in winter too, if not colder than New Brunswick. No matter
what, Newfoundland is booming. Federal government is giving millions and
millions in form of a loan for the Lower
Churchill River hydro-electric projects in Labrador to finally be. I have read
about the Lower Churchill River project many times in the past and I always
have a great feeling about it. Emera will directly benefit from it. If you have
an interest on the Lower Churchill project, EMA is the only stock you can
invest in to get an involvement in the project. Newfoundland provincial
electricity company is owns of course by the province of Newfoundland and
Labrador and the “company” is not on the stock market. But Emera is. And that’s
why next week I will be investing in the fabulous Emera
Incorporated (EMA). So be ready because I am.
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