My 2 questions interview with Derek Foster... because time is money

The day following Monday is always better than a Monday, at the only condition to be a busy day. And I wasn’t really busy today at work. The day was very very long. It’s a rush rush rush all day.... or a long and boring one. That’s the job for which I work for during Spring-Summer 2012 without getting any vacations. Yeah you are right, you are getting the picture. Anyway, during the chitty day of today, Derek Foster, the Stop Working guy kindly answers my email (yESSS). What it is about this time? Well, you’ll have to read a bit before getting to know... ahah!

Today like almost everyday, I check out my stock portfolio. What I saw was shocking: my non-registered portfolio was only at $113 629! Yesterday, the same portfolio was exceeding the $122 000! What happen? Was this the result of my massive lost in ATP, DGI and JE? But I had it all under control and no matter what, my non-registered was at 122k+. OH MYYYYYYY!

I went through all of my holdings one by one and guess what, there’s a trading halt on Exchange Income Corp (EIF). When a trading halt continue even once the market is close, the value of the stock appears as $0... a trading halt happen when a company has a big announcement to make. And to avoid some rush sale, a halt is being apply. During a certain period of time, no stocks of the company can be sell or purchase. I had been holding EIF in my portfolio for a long time now. I only have good words for the stock. I really like EIF. I am not worrying that much. After calculation, my non-registered is close to the 123k (with EIF in, of course).

Nice, but since I am on a margin account situation, better watch out to any trading halt! While being on a trading halt, the value of the company is 0$... Which mean that the loan value of the company is also... 0$... From my calculation, I am ok, but imagine for a moment that several assets suddenly turn into a trading halt situation... OUTCH! That’s another problem to be considered while trading on margin. No no, don’t consider it. I did and I am stuck with it and I am now margin intoxicated. I LOVE MY MARGIN.

Ok, are you ready for the REAL HOT STUFF NOW?

Because time is money, and I only had 2 questions to ask Derek Foster, I ask him my 2 questions (I only had those 2 anyway – at least for now):

1. THE DIVIDEND GIRL: Why should small investors like myself invest in the stock you talked about in your last video knowing the dividend yield proposed by the company is so terribly little?

DEREK FOSTER: Yes, ABC's offers a low dividend (although they just raise their dividend by over 20%)!  But if you look at their history, although thier dividend is low, they have bought back a lot of their shares over the last few years.  Another stock I own, which is similar, is Imperial Oil.  This company only pays a 1% dividend, but they have been buying back almost 5% of their outstanding shares for years - so this is the same effect as if they paid out a 6% dividend and you reinvested the 5% in a DRIP (dividend reinvestment plan), but with DRIPping you would pay taxes on the dividends, whereas with share buybacks it's a TAX-FREE DRIP essentially, so I am content for the company to keep buying back their shares and making me wealthier over time without the tax burden reducing the compounding...

(I intentionally remove the stock name to ABC. To find out about the stock name, go buy the video series and go straight to the last video. And you’ll FINALLY get the stock name lol).

2. THE DIVIDEND GIRL: When you realize you just did one big investment mistake, how do you react? What do you do? Is selling the bad investment on which money is already been lost anyway and reinvest in a quality stock is the best way to get over it? 

DEREK FOSTER: I've made my share of stupid stock buys (and anyone who invests will at some point). If the quality of the company is not very good and I was wrong in buying it, I generally will look for a good time to sell it and reinvest in quality stocks. However, if it's just a short-term problem and the fundamentals of the company are still good long-term, you're usually better to simply hang on. 

I am going to comment on those wonderful answers in the next post.

A short moment of desperation over Atlantic Power Corporation (ATP)

A series of bad news for the world recently – but nothing concerning me directly if not just a few things. Nothing seems to come to me in term of catastrophic events. The worst I went through is when I got the flue a few weeks ago.

I knew the situation in Detroit was catastrophic, but I taught things were getting better there. Anyway, the city is about to go under bankruptcy. Obama seems to be quite upset over the Republicans. Some major cut are about to happen and it could affect the ability of the US to fight back the recession. I am a Republican hater. But right next to where I leave in New Brunswick, in the Maine, I think I am not mistaking if I say that the Maine is Republican. Just next to home, the evil Republicans are forcing Obama to accept things he doesn’t want to hear anything about. We have to remember the Republicans as the biggest gang of bastards of the 21th century and we have to remember Barack Obama as a black angel who tried to do everything he could to beat them up.

And as for me, well you know how it goes. First of all, I am just glad another week end at work and I am celebrating another weekend! Wouldn’t be nice for me to enjoy EVERY single day of my fucking life like a weekend day? I read back a book of Derek Foster yesterday evening, the Healthy boomer. I do not worry at all for my retirement years because I am already rich of a couple of thousands and it’s enough to satisfy my taste for money. Right now, I am trying to go back to my roots, to get back in control. I try to get back to where I started being successful by investing in stocks. I kind of sort going in all kind of direction among the way since my first investment move in 2008. But knowing the first stock I ever invested in was Sprott Inc. (SII), well you know, it was pretty much revealing of what was going to happen next in my investment, just like in my sexual life.

But like right now, I am my worst enemy and I am my most most best best friend. The stock market is very terrible at this time, especially the Canadian one. My non registered portfolio is at $122 122, which is a little loss of -1.41%. The amount left on my margin is $14 414.70 – very close to the minimum required I fixed myself, 15k. Experiencing a loss of -1.41% inside my complex non portfolio is just reflecting how good of an investor I am really am (I can hear you screaming right now, my bunch of little haters!!) lol.

Let me explain at least why I am that so extraordinary investor and why I didn’t lost it all. I am extremely fortunate to only accumulate a decrease of -1.41% inside my non registered portfolio. Lately, Just Energy (JE), and more recently, Atlantic Power (ATP) have accumulated massive lost. But no matter what, my portfolio is stabilized. I own the stability to massive investments made in FTS, CNR, MX, KBL, PPL, CDL.A, CU, AGU and I could certainly name a few others. This lost of only -1.41% is even more interesting knowing that I haven’t invested lately inside my non registered portfolio. But I did invest inside my TFSA.

I am an extraordinary and massive investor because despite so-so investments like DGI, ATP and JE, my portfolio is able to take down the hit and doesn’t even go behind the -2%. This is for me very incredible. While noticing the massive lost in ATP, I taught I was done. I taught it was going to be over. I was at work and I didn’t have time to investigate and think of my portfolio that much. But I knew I was experiencing massive loss on ATP. Having a 9 to 5 job and a portfolio of a couple of thousands dancing on the market is not the always easy because you lose that real time connexion with the stock market. It is not pleasant.

So at first, big time loss with DGI, after JE, and following that... ATP... OH MY GOD. And it’s because that same God that my portfolio is so well established. I must be protected. I work between 40 to 50 hours a week these days and a little taste of freelance. I don’t have all day to spend at reading the result of my portfolio. So see, God really exist. If I would have bought a condo in Montreal, it will have lost like 15% of its value by now. Real estate in not something that is in my sector. Too much money is involved. Real Estate investment is for the real rich, not a little investor desperately trying to get there. See what I mean?

I think that for young people, investing in a condo is the worst investing move ever. It makes you a slave of the workplace and following what, you are stuck with MASSIVE obligations. Banks are not giving gift. Mortgages are a financial product design for banks to make MASSIVE money on the middle class, dreamers who want to have their own place. It simply doesn’t worth it. I already have all figure it out. And for those of you who are enroll under a mortgage, POOR YOU. You are a slave to the workplace for the rest of your working life. You cannot do both, you cannot pay a mortgage and invest at the same time, it’s simply impossible on a 40k to 50k salary. I am really here to bash down real estate investment.

I am confident my non registered portfolio is strong enough to take any future market hit. I case of needs, I have like 25k+ available on my credit line. That’s why I will continue to invest inside my TFSA probably for the rest of the year. The risk is calculated. I have plenty of contribution room for my TFSA. And I even have my next investment in mind and ready to be. Even if you are on a margin like me, it’s extremely important to take advantage of your TFSA. I like to play on the market, I invested on margin, I sell on margin. I used my margin money to pay off some debt. There’s absolutely nothing I haven’t done on margin. But the money had been well spent (most of the time).

The margin money never been spent over trips, jewelry, clothes or anything else mystified as luxuries. You have to remember that I am just very smart, that’s why I am just so plug in over Derek Foster. Your success simply depend on the faculty you must have to be able to tell who’s good and bad ones. It’s absolutely normal to fall on those, the sixth sense is not a sense that is always 100% accurate. But at least, TRY.

A sense of personal perfection (I am saying a sense and not simply perfection because perfection doesn’t seem to be in me and from this world) is absolutely essential to be able to beat up the market difficulties like a sexy cougar. There’s one boss on the stock market and that boss is the individual investors. It doesn’t matter that much that my non registered is experiencing a loss of not more than -1.41%

IT WAS A HOT ONE. A VERY HOT ONE.

My next investment: Brookfield Renewable Energy Partners LP (BEP.UN)

There’s nothing I like more than investing in different Canadian stocks. Remember my investment in Hanwei Energy Services (HE) that went really bad? I invested like $500-600 in that company a few years ago and now that investment worth not even a one hundred $. Back in the days, I invested in Hanwei Energy Services (HE) believe its line of business really appeal me. China, clean energy power, pipe... Hanwei Energy Services (HE) involvement in China is what was the most impressive to me. I didn’t make any money from the investment yet, but I continue to hold because I still like Hanwei Energy Services (HE). I am happy to have it in my portfolio despite the few hundreds loss. SO go Hanwei Energy Services (HE), go!

What’s the relation between Hanwei Energy Services (HE) and Brookfield Renewable Energy Partners LP (BEP.UN)? Well, BEP.UN is what HE could have been inside my portfolio.  I really need to focus on stuff that will perform well in my portfolio. I cannot afford to lose too much on the stock market.

That’s why I began to read over Derek Foster work because I kind of lose myself among the way. I just want to make sure I back in track. Maybe BEP.UN is not the best stock ever to invest in but it is my pick. It is not anytime soon I am going to invest in what the content of the latest Derek Foster video is about (not to name the stock) lol.  I need a bit more than a 1% yield if you see what I mean. Derek Foster needs to review his stuff. Give me more Derek Foster. You must give me more.

More seriously, Brookfield Renewable Energy Partners LP (BEP.UN) is going to be the next stock I invest in side my TFSA. The yield is reasonable, close to 5%. The dividend is paid quarterly.  The 10 year chart is simply amazing. The stock is a bit volatile, you may want to put it in your watch list, but no waiting for me, I want it in my portfolio as soon as possible.

For once, Rob Carrick wrote an interesting article in the Globe and Mail, you may want to check it out.

An in deep look at my non-registered portfolio

Previously on the Dividend Girl blog (which is my blog blog by the way), we comment on the way to add gambling to a regular and boring stock portfolio. Before getting on any gambling game, the first question you need to ask yourself is: can you afford losing any money at all? I know the regular stock blablabla of Derek Foster ok, something like you are not in to lose money or something like it. A blablabla sentence of Warren Buffett.

Personally, I probably trade on the stock market for the next 50 years and possibly even more. This means that I have the rest of my life to recover from my taste to danger and gambling while I gamble. The trick is to gamble moderately.

I post a couple of times about my troublemakers stock. I name “troublemaker stocks” the stock I am losing money on. Investing in stocks is the land of delicious temptations. It makes me laugh hard when I read articles like the one of Rob Carrick, “Keep it simple with ETFs”. The stock market is a word of opportunities, it is not simple and it wasn’t made to “keep it simple”.

At first, losing a couple of thousands on a stock is certainly heartbreaking, but it’s not something that will kill you. Investing in stock is dangerous. Investing in stock is evil. Once you enter in the world of stock, you enter in the world of capitalist salvation. And it doesn’t matter if you’re in the middle class status. I like to invest, buy and sell stocks because while doing so, there’s no direct interaction with others. On the stock market, you have no one to deal with but yourself. You’re alone. You don’t have to deal with dumb heads picking on you all the time for a yes or a no. On the stock market, you are the master mind. It’s a game between you, your money and the market. How well you’ll be doing will only depend on how smart you are. The battle field is widely open and any battle can take place.

Now, personally speaking, for a reason or another, I like to expose my personal finances on the Web. I made and loss great of money while trading on the stock market. Why I continue this game on and on? Well, I cannot stop it. I have no control over it. If I stop, I will be sad.

The stock market has intoxicated my life since 2008 now. I had been investing since 2005. I began with GICS and later on invest in mutual funds. The period of 2005-2007 has been an extremely boring one. I never gave up. I wasn’t able to get what I wanted. It took me Derek Foster and the Lazy Investor to get started. It took me a very long time. I invested in stocks when I was a splendid 27 beautiful bitch. I am lucky because nothing have change of me between the me of my 27 years old and the me at 32 years old. Still wrinkles free, I always think that my stock adventure began at 27 for a reason. The only reason I find is that I didn’t have too money to invest before 27l. I don’t have that much today, but I have a bit more than what I used to have. And it really just what matter. At least, I haven’t been stupid enough to invest in real estate. I don’t own a place. All of my cash is place on the market. We’ll how good or how bad it will turn in a couple of years.

If you decided to take an adventurous road while investing, just prepare to lose money. I am able to understand about those things now because I have experiment it. I now become more able to distinct a good stock that will bring stability value and also a stable dividend income.

Here are they, the marvelous stocks that make my everyday gamble game possible:

Pembina Pipeline Corp (PPL)

+$6 467.29, +91.19%

Enbridge Income Fund Holdings Inc (ENF)

+$2 440.65, +40.64%

Methanex Corp (MX)

+$2 070.90, +127.30%

Exchange Income Corp (EIF)

+$1 913.43, +27.26%

Davis + Henderson Corp (DH)

+$1 598.27, +53.19%

WesternOne Inc (WEQ)

+$1 339.01, +71.53%

Corby Distilleries Ltd (CDL.A)

+$1 219.71, +121.30%

K-Bro Linen Inc (KBL)

+$1 051.01, +51.65%

Fortis Inc (FTS)

+$937.62, +34.19%

Canadian National Railway Co (CNR)

+$927.91, +30.22%

Bank of Nova Scotia (BNS)

+$800.30, +13.71%

Agrium Inc. (AGU)

+$698.76, +35.28%

Westshore Terminals Investment Corp (WTE)

+$593.04, +12.54%

iShares S&P/TSX Capped REIT Index Fund (XRE)

+$554.07, +26.43%

Premium Brands Holdings Corp (PBH)

+$539.29, +7.31%

Canadian Utilities Ltd (CU)

+$313.41, +24.20%

Enbridge Inc. (ENB)

+$257.13, +25.73%

TransCana Corp (TRP)

+$171.51, +16.87%

TMX Group Ltd (X)

+$87.87, +26.14%

Chorus Aviation Inc. (CHR.B)

+$79.23, +14.88%

Rogers Sugar Inc. (RSI)

+$61.69, +11.66%

Firm Capital Mortgage Investment Corp (FC)

+$38.81, +7.60%

Student Transportation Inc. (STB)

+$27.11$, +4.24%

Black Diamond Group Ltd (BDI)

+$27.51, +5.37%

Bombardier Inc. (BBD.B)

+$22.51, +4.49%

Cineplex Inc. (CGX)

+$6.51, +0.79%

TOTAL: +$24 244.55

Pretty nice isn’t? Well, don’t talk toooo fast, wait until you check out the list of my troublemaker stocks. It’s ugly, I am warning you:

Sprott Inc. (SII)

-$6 196.53, -62.17%

Just Energy Group Inc (JE)

-$4 789.01, -43.37%

Timminco Ltd (TIMNF)

-$4 064.86, -100%

Data Group Inc. (DGI)

-$2 934.74, -69.91%

Encana Corp (ECA)

-$2 217.41, -36.31%

Kinross Gold Corp (K)

-$1 327.63, -52.96%

Atlantic Power Corp (ATP)

-$758.25, -23.01%

Blue Note Mining Inc. (BNT)

-$683.60, -99.42%

Hanwei Energy Services Corp (HE)

-$627.50, -93.10%

Canfor Pulp Products Inc. (CFX)

-$470.85, -29.56%

Pengrowth Energy Corp (PGF)

-$399.67, -28.73%

Colabor Group Inc. (GCL)

- $396.77, -33.74%

Horizons Gold Yield ETF Common (HGY)

-$327.88, -15.85%

New Flyer Industries Inc. (NFI)

-$316.75, -12.96%

Crescent Point Energy Corp (CPG)

-$171.69, -16.76%

Veresen Inc (VSN)

-$146.61, -14.56%

First Majestic Silver Corp (FR)

-$145.99, -7.70%

Heroux-Devtek Inc. (HRX)

-$138.69, -22.45%

JFT Strategies Fund (JFS.UN)

-$68, -3.40%

Emera Inc. (EMA)

-$16.49, -1.83%

GEOVENCAP Inc. (GOV)

-$0.60, -42.86%

TOTAL: - $25 441.27

- 25 441.27 + + 24 244.55 = - $1 196.72

I think this illustrate how important it is to have massive asset in good quality holding if you want to fully enjoy the stock market to the max and enjoy a bit of gambling. Gambling might had taken too much place inside my trading life, but I am slowly recovering. I invested in great quality stocks recently, like Cineplex Inc. (CGX), Black Diamond Group Ltd (BDI) and even more recently, RioCan Real Estate Investment Trust (REI.UN). 

The most interesting part is that some investments I made were for gambling purposes at first, but they turn out very well! I am thinking of Bombardier Inc. (BBD.B) and Chorus Aviation Inc. (CHR.B).

There’re a few investments on the negative side that I don’t worry about: Horizons Gold Yield ETF Common (HGY), New Flyer Industries Inc. (NFI), Crescent Point Energy Corp (CPG), Veresen Inc (VSN), First Majestic Silver Corp (FR), Heroux-Devtek Inc. (HRX), JFT Strategies Fund (JFS.UN) and Emera Inc. (EMA).

As for the other stocks, like Sprott Inc. (SII), Date Group (DGI), only time will tell if I was right to hold them tight. Losers may not be losers forever.

This exercise only covers my non-registered portfolio. I hope you enjoy.

Dividend Girl readers need to help Mr. A NOW

I just proceed with two $25 donations on Annie blog, my frugal expert.

I had been reading Annie Brewer Web site for many years now and I was shocked to learn that her neighbor house - she name him Mr. A - had burned down. Mr. A is also another frugal expert and gave Annie many things, including a thing to put her mattress on. The guy is a recycling expert. Just a few days ago, his house got on fired. The only thing Mr. A was able to rescue was his laptop.

If you are a Dividend Girl fanatic and really can't live without reading me on a daily basis, PLEASE, go donate on Annie blog for Mr. A to recover. I like Mr. A very much and it will be very great if my readers would donate on Annie blog for Mr. A. Go now. I gave $50. If every single readers give the same amount, imagine the money for Mr. A who just lost everything. Imagine, we are in the cold winter!!!

Make me happy, and donate to Mr. A.

Celebrating half a million page views!

It happens today. I am actually passing the 500 000 page views. This is quite fun and a bit strange because I never expected to hit the 500k page views on this blog. I blog to defend my very own interests. And live and breath for my money, but I am not exclusively all money related. Because if you know, I don't only write about my personal finance, but this is all about the spectacular me driving Gordon Pape very very mad. Don't expect to give me shit without getting anything in return. I am good in revenge and I breathhhhheeeeee for revenge. I like the feeling of having the ability of getting the last word on everything. Don't ever think messing with a Virgo of the latest decade and a female one. And a French Acadian one with a broken English.

My raw English happen to be that way.

So its seem like there's a bunch of people reading, sometimes by accident, some other by interest. Personally, I never had the pleasure to read that extension of me where I would know someone personal finance, how much you earn, how much you hold, what's your net worth, how much debt do you hold, etc.

So basically, my blog is by far perfect and I am just please to learn that there's some people reading my every words and are just deeply and madly in love with me. Or something like it.

This is all about getting the control over my life. There's no place for forgiveness, just a place to fight the enemies and make them perish, pay and die in hell.

Now, go read someone else blog and try to get the same immediate buzz.

So just keep going and love me madly.

Turning demonitraxixxx.

Welcome in my TFSA portfolio Precious Metals And Mining Trust (MMP.UN)

I got a couple hundred bucks transferred in my TFSA account this morning. I dring dring TD Waterhouse before hitting to work for a too long day. Following the money transferred, a very nice French and male TD Waterhouse broker offer to place my order and it didn't cost me more than the regular $9.99 commission fee.

You got to be careful if you gave order over the phone - make sure you ask for the commission fee because proceeding. Because it could cost you as much as $75 bucks and that's too much.

I got my Precious Metals And Mining Trust (MMP.UN) units at $5.17. I asked the broker not more than $5.20, order valid all day today.

Need to be careful with this investment. Since its a .UN investment, the dividend is not pure and its better to have it inside the TFSA. I cannot wait to have my dividend income increase, totally tax free. If you get it at the right price like now, holding a bit of MMP.UN cannot hurt.

In my case, I did it in order to get the same dividend income as before JE got its dividend to 84 cents...

I am now at $7 030.26 in annual dividend income. I am just missing just a $50 to get back at the sam old thing I used to have when Just Energy dividend was more juicy.

Job suck as always, if not more than ever and I cannot wait to earn even more to leave.

Eric Sprott next hot sexy thing. It’s not the Dividend Girl, it could be Platinum

What you are about to read could be my longer post ever. It explains in details my strategy to get my hand back on a $7 081.80 dividend value. It also explains a nice plan to get yourself a bit richer if you have a few thousands you don’t know what to do with it. Most of the time, I always know what to do with my money.

I am doing the best I can to stimulate the Canadian economy by investing in Canadian stocks. It’s something that is really important for me. But now, I made a fascinating discovery and of course, business like usual, I am telling you all. I am really hoping that you are doing your reader job right now because what’s coming next is HOT. I just hope you have the intelligence it take to read me and not doing what a reader did, like f@ck, reading me once every 6 months... SHIT. I am insulted. Deeply. Massively. (You can read the comments post in the previous post to figure it out, it’s not like I am going to explain everything).

Not too long ago, I can still remember trading silver on and on and on. I buy, I sell, I buy, I sell. It was fun. It was cool. It was lucrative. But for a reason or another silver value collapse. I own silver in my RRSP and TFSA, and also in US dollars. I invested several thousands of dollars in silver, but suddenly, the silver value collapse, so I just kept in what I had, hoping silver value will raised again later on.

For those kind of things, when my idea is fix, I don’t have any problem holding an investment that is not doing well. I went through those kind of things more than one time and at the end, I got my rewards.

The very first stock I ever purchased was Sprott Inc. (SII). I purchased it when stocks were at $10 each – right before the 2008 stock crash. Following what, the stock market crash, my investment went from a $10 per stock value to less than $5. Imagine! My first stock investment was just like BLOWING me off. LOL. I guess you never had read that from your life, blowing me off...

This is what you get from a French girl.

Following the 2008 stock market crash, SII reached the closed to $10, if not back $10. It reached back that value because Sprott had launched the Sprott Physical Silver Trust ET (PSLV) and Sprott Physical Silver Trust UTS (PHS.U). Right now, Sprott Inc. (SII) is below the $5 bucks. But this time, its’ not silver that will come to the rescue of Sprott. It’s Platinum. I read about Platinum a bit here. I get the idea that Platinum is a valuable and needed metal. 

Just like silver is. But because the stock market is all over the place, the economy is weak, silver and gold are not exactly the best of the best right now. But there are alternatives. And one of those alternatives right now is Platinum.

Because Platinum is so hot, Sprott launched Sprott Physical Platinum and Palladium Trust (NYSE Arca: SPPP) and Sprott Physical Platinum and Palladium Trust (TSX: PPT.U). I think that the Platinum Sprott products will have the same effect as silver did. I HOPE.

I don’t recommend to invest in the Canadian version of Sprott Palladium Trust (PPT.U) because just like the Sprott silver, it’s in US dollars, and not Canadian ones. The headache is not at the time of the purchase, but at the time of the sell... It’s complicated and trust me, you don’t want of PPT.U in your portfolio. But SPPP in US dollars, in a US $ broker account, go for it. Its really that much messy.

If I would have a couple thousands, I would invest in SPPP. But not right now. Right now, I want to get to the same dividend earning level I used to be BEFORE Just Energy Group Inc. (JE). I am about to get back on the glorious road very soon. By target is to hit back on at least $7 081.80. It is quite good money made on relatively secured stock position. I know my portfolio very well despite knowing little about such stocks like WTE. I never fail on my duty however, I like to find new stocks to invest in and I like to make my portfolio better and stronger. It’s always a very sad event when a company like JE, for example, decrease its dividend income. I work at one single job right now. I made just a bit of money my blogging and a bit more by doing some freelance. So the money available to invest is just not there. 

As I am getting older, I don’t like the idea of hitting on 2-3 jobs at a time, but this is really how I made it possible to get all the cash needed to invest. Life is not so expensive in Montreal, but I turn down my medium velouté coffees at Second Cup. I cannot turn down on makeup shopping and nail polish. Those represent an average of 1,5k expense per month for my living. 

This is going to be quite an enormous post to read. I am not even done yet!

Back in the days, TELUS Corporation (T) was a Derek Foster stock. Currently, Telus trade at its highest ever, but it’s been said over here that Telus could make a 6% in 2013. The dividend yield is not too bad, almost 4% but not exactly 4..., but 3.775% In my case, you might know it by now, I have a margin account in my non-registered portfolio. So adding something like Telus Corporation (T) in my portfolio will increase the value of my margin without having to inject cash. Of course, the money borrowed on the margin will remain high, a bit more than 51k at this time, for a 16k left. 

Very recently, Derek Foster has announced a new investment he made. I listen to the video. It’s a Canadian company we all know about. The stock recently decreased in value. The stock value is still high, but the dividend yield is terribly low, not even 2%.... I like Derek Foster very much, and I am very happy to see he’s getting back in the Canadian game.... but gees, that stock, I don’t really want of that stock in my portfolio.

It was strange for me to watch Derek Foster latest video because I saw some wrinkles on the left side of his neck and it was strange. How can you get some wrinkles on your neck like that? By having too much babies. ahah That is what it is. When it comes to Derek Foster little kids, I am always getting stuck on the number 6. I just wonder if it means that he’ll get 6 kids or it’s just me who’s imaging some stuff. Fact is, Derek Foster is getting older and I am getting older too. I just get involved in a relationship before my ovaries cannot procreate anymore.

No matter how many children he’ll get, I really wanted to hit the $700 in dividend income by the end of 2013. And I want to get it by investing in quality stock.

I am not a good investor, but I have a taste for gambling and I am adventurous. I know I said the idea of the mountain lion hero was a bad one... But I am extremely tempted to invest in Precious Metals and Mining Trust (MMP.UN). Why? Because with my upcoming investment in Telus Corp and by investing a relatively low amount of money on MMP.UN, I could very easily hit back the old $7 081.80 in dividend income. A low investment in MMP.UN (like $900) + a $1 700 investment in Telus would be enough to push be back on the very close $7 081.80 dividend value... This is terribly tempting. I might transfer another little sum of money inside my TFSA...  and invest in some Precious Metals and Mining Trust (MMP.UN). That will bring be to somewhere close to $7 052.75 in dividend income.

Inside my investment portfolio, I hold a couple of things that don’t pay a damn cent in dividend. Here they are, with their value on date of January 26, 2013:

First Majestic Silver Corp (FR): $1 752

JFT Strategies Fund (JFS.UN): $1 930

Heroux-Devtek Inc. (HRX): $517

Sprott Physical Silver Trust ET (PSLV): $1 943.66 (US $)

Sprott Physical Silver Trust UTS (PHS.U): $2 544.46

= $8 687.12

If I would sell and reinvest that money at 6% yield, it will pay mean annual: $521.22... Quite crazy isn’t? For now, I still hold those investments the way they are because I hope they will eventually gain in value... one day. I have no doubt about this concerning First Majestic Silver Corp (FR). As for Sprott silver, it could eventually go up again, I don’t worry two much about those 2. As for JFT Strategies Fund (JFS.UN), no big gain yet, I am actually losing in that one a bit, but I guess and hope that the fund is well managed  by Jean-François Tardif and you know, one day I will cash big the investment. As for Heroux-Devtek Inc. (HRX), I own it since December 2012 because the company decided to pay a crazy $5 special dividend... CRAZYYY.

No rush to hit on the 8k in dividend income, but I can make it happen. Also, once Sprott Inc. (SII) will gain in value, I will partly sell it and reinvested the money. We are talking here of about a major original 9k that worth a lot less now. I don’t have any problem holding Sprott Inc. (SII) for now. Patience is a virtue that I do have.

I more of a fantastic gambler than a very good investor but I do believe in my choices.