The Montreal Ritz Carlton and the Dividend Girl and her mom

My mom came for Easter and we had a fun time. It was nice to be away from work for a few days.

Yesterday, we went to the Museum des Beaux-Arts which located on Sherbrook. Once our visit done, I show my mom the Montreal Ritz Carlton from the outside... and the inside LOL. From the outside, it was saying that apartments start from 1.4 million to 15 millions... we were laughing ahah whatever... and then... we went inside the restaurant and my mom went to the girl and said "we are only looking"!!! The girl was nice and said isn't a private establishment and after she made a little visit of the restaurant and their garden for us. And my mom asked me to take a picture of her with her... And the nice girl took the pose with my mom. Tooo cute! We were quite special tourists that day.

But we weren't done... We left the restaurant and we went inside the hotel. We went in the lobby, we stepped in. Ahhh Montreal Ritz Carlton is such a pretty place. If I would had a fortune, I wouldn't hesitate, I would be buying an apartment at the Ritz and I would be shopping at Holt Renfrew and I would have a few Denis Gagnon dresses, dresses that he would have sewed directly on my naked body. And after that they say that money doesn't bring happiness.... oh lala.... I have my fantasies, I  guess you have yours...  

We visited a lot for the past couple days, went to the movie 2 times, Old Montreal, downtown, La Baie, shopping, etc. etc. There's a lot to do in Montreal. I hate those places were they don't accept credit cards as method of payments. It happen 2 times in restaurants and I had to withdraw money at their ATM machine. I never have too much cash on me.

For her last day in town, my mom wanted to go tot he Casino. We went and ding ding ding, I win a $250!!! I continue to play a little and after I withdraw the money, so I had left a bit more than $220. I decided to withdraw because that money is greatly needed. I racked up my credit card to $920 last month... And with those expenses of this weekend... outch. The $920 came easily after I spent for the birthday gift of my mom, some beauty products, clothes and so on. This is a reason why I am not on an active DRIP for my portfolio. I am spending too much, I know it, I spend the money and take it down from the dividend. Simple and easy, just the way it need to be.

My next vacations will probably be on May for Victoria Day. I would prefer the train to the bus, but I have a 40% certificate available for the bus run. So I guess it will be another too long bus run. I haven't went home since Christmas and I began to feel the New Brunswick wind calling me home.

I am getting paid this week so I will be able to pay off everything and I may have left a little extra. I was reading Susan Brunner blog and I came across AltaGas Ltd (ALA). I find that stock very interesting. It among Susan Brunner favorite stock. So Alta Gas Ltd deserve our attention. Nothing is decided yet, but I am considering ALA for my portfolio. It will certainly be added sooner or later.

Until that time, my non-registered portfolio is exceeding the 122k, which is good I guess.

Welcome in my RRSP portfolio Telus Corporation (T)

I got on a few shares of Telus Corporation (T) at $69.52 per share. Anywhere below the 52 weeks highest (which is over $70) is good enough for me. I wanted to get in Telus BEFORE the fabulous event of the 1 for 2 split. I am very excited!!!

Welcome in Telus and make me become richer than what I have now ok? In other words, go and KICK some serious ASS. But not mine.

Ok so now, I am getting ready and my mom will have to wake up.

Welcome in my RRSP portfolio Stella-Jones Inc. (SJ

My mom arrived late yesterday night and she's actually catching up on her beauty sleep. My brother is coming over later on this evening. He's not that far away, he's in Ottawa, so its going to be a quick bus ride. So its going to be a fun get together right here in Montreal!

Starting in June, Premium Brands Holdings Corporation (PBH) is going to increase its dividend by 6.3%! This is great news because I have face a decreased in my dividend since I sell my trouble Atlantic Power Corporation (ATP) shares. The annual increased for me represent an extra $32.78 in my pockets. And the best part is this: with this increased, my annual dividend income for 2013 would be of $7 307.99. It make $607 in monthly income (or equivalent because I don't get that every months but... the $610 monthly rent payment is almost reach!). Yeah!

While my little mommy asleep I just get on my hands on something I barely talked about: Stella-Jones Inc. (SJ). I got a few shares at $76.46. I had been following this one for the past couple days and when the stock fall behind the 80 bucks, I decided to kick in. SJ chart since its early beginning is stunning. Grow grow grow. Will it continue? I don't know, but I guess Stella-Jones Inc. (SJ) is a better alternative than Rob Carrick Richardson Packaging Income Fund (RPI.UN).

I hope my mom will be done with her beauty sleep soon because I want to go shopping.

About Just Energy Group Inc. (JE)

I have a few days of vacation ahead and its going to be a family camping in my one and a half apartment. So you won't hear from me for a little while. I haven't been that much active around here. Its quite busy at work.

Yesterday, Just Energy came up with a press release regarding their finances and also regarding their dividend.

Please read this: "Ken Hartwick, Chief Executive Officer, added: "The long-term strategy of our business, which focuses on profitable growth remains unchanged. We expect to continue to gain market share throughout our existing footprint in North America and in the United Kingdom, increase customer value via product bundling, continue to pay an industry leading dividend, pay down debt and identify new methods to drive long-term growth. Just Energy has a strong track record of customer, gross margin and embedded margin growth and we believe this strategy will serve to further enhance these metrics over the long-term and un-lock shareholder value. Our expectations for fiscal 2014 will allow us to achieve both growth and debt reduction while maintaining the current dividend. In addition, the new customers we expect to add will further improve our balance sheet in future years."" 

Can investors believe him?

Ken Hartwick is a fellow that is also involve in Atlantic Power Corporation (ATP). Currently, ATP is facing many law suites because they broke their promises regarding their dividend. And it seem to me that by decreasing its dividend, Just Energy entered in the foot steps of Atlantic Power Corporation (ATP). I am a fan of Just Energy but I am not exactly a fan of Ken Hartwick. Is Ken Hartwick responsible in any ways for the flop regarding ATP?

I don't know anything about it, but I am really concern that he might have play a role and I don't really like Ken Hartwick as CEO of Just Energy. Why does Rebecca decided to step down on her empire? Enough rich? I don't have a clue. But having Ken so closely related to the trouble company that is now Atlantic Power Corporation is a real pain in the ass to Just Energy.

I think that investors are scared of the relation that may exist between Atlantic Power Corporation (ATP) and Just Energy Group Inc. (JE).

What do you think?

My debt situation on date of March 23, 2013

$7 875.45 at a low interest rate of 4.75% (RRSP credit line rates) = $374.08 in annual interest PAID OFF

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

$7 928.54 on a credit card at a low interest rate of 2.9% (result of a credit card balance transfer) = $229.93 in annual interest

$8 000 on a credit card at a low interest rate of 1.9% (result of a credit card balance transfer) = $152 in annual interest

$6 115.53 at low interest rate loan at 5.50% (student loan) = $336.35 in annual interest

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

$10 000 at 9.30% (credit line rates) = $930 in annual interest PAID OFF

$50 833.96 at a low interest rates of 4.25% (margin money coming from my broker account): = $2 160.44 in annual interest

$1 827.47 at 0.99% for a year (with American Express) = $18.09 PAID OFF

TOTAL: $77 778.03

TOTAL in annual interest: $3 074.72
[In date of March 23, 2013]

My portfolio value on date of March 23, 2013

Savings: $1 136

Non registered Investments:
Stocks and Units investment portfolio $CAN
Sprott Inc. (SII): $3 667.15
Timminco (TIMNF): $0.40
Blue Note Mining (BNT): $6
Bank of Nova Scotia (BNS): $6 539.50
Hanwei Energy Services (HE): $45
Methanex Corporation (MX): $4 276.56
Fortis Inc. (FTS): $3 673.30
Pembina Pipeline Corporation (PPL): $14 405.16
Just Energy Group Inc. (JE): $5 307.04
Pengrowth Energy Corporation (PGF): $1 237.40
Enbridge Income Fund Holdings Inc. (ENF): $8 514.22
Corby Distilleries Limited (CDL.A): $2 264.35
Davis + Henderson Corporation (DH): $4 637.52
Premium Brands Holdings Corporation (PBH): $7 974
EnCana Corporation (ECA): $4 051.84
iShares S&P/TSX Capped REIT Index (XRE): $2 616.46

Horizons Gold Yield Fund (HGY): $1 765.71
Canfor Pulp Products Inc. (CFX): $1 277.64
New Flyer Industries Inc. (NFI): $2 115.36

Exchange Income Corporation (EIF): $9 053.46
Rogers Sugar Inc. (RSI): $603.25
Student Transportation (STB): $659
Colabor Group Inc. (GCL): $782.34
TMX Group Inc. (X): $441.84
Data Group Inc. (DGI): $1 577.48
K-Bro Linen Inc. (KBL): $3 305
Westshore Terminals Invest Corp (WTE): $5 767.08
WesternOne Inc. (WEQ): $3 287
First Majestic Silver Corp (FR): $1 706
Kinross Gold Corp (K): $1 256.32
TransCanada Corp (TRP): $1 240.25
Canadian National Railway Co (CNR): $3 980
Firm Capital Mortgage Investment Corporation (FC): $545.20
Enbridge Inc. (ENB): $1 312.08
Agrium Inc. (AGU): $2 676.70
Canadian Utilities Limited (CU): $1 615.53
Veresen Inc. (VSN): $861.96
Chorus Aviation Inc. (CHR.B): $638.04

Crescent Point Energy Corp (CPG): $865.48
JFT Strategies Fund (JFS.UN): $1 970
Geovencap Inc. (GOV): $0.60

Bombardier Inc. (BBD.B): $527.80

Heroux-Devtek Inc. (HRX): $451

Black Diamond Group Ltd (BDI): $532

Emera Inc. (EMA): $868.50

Cineplex Inc. (CGX): $842.50

TOTAL: $121 741.89

Stocks and Units investment portfolio $US:
Sprott Physical Silver Trust ET (PSLV): $1 792.94
Cash: $4.12

TOTAL: $1 797.06 US

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): $27.24
Dumont Nickel Inc. (DNI): $186.88
Sprott Physical Silver Trust UTS (PHS.U): $2 325.60
Sprott Strategic Fixed Income Fund (SFI.UN): $427.50

Healthlease Properties Real Estate Investment Trust (HLP.UN): $1 040

Keg Royalties Income Fund (KEG.UN): $764.50

RioCan Real Estate Investment Trust (REI.UN): $953.75

Precious Metals and Mining Trust (MMP.UN): $900

Cash: $53.45

TOTAL: $6 678.92

RSP investment portfolio:
Sprott Canadian Equity Fund: $4 299.90
iShares Gold Bullion Fund (CGL): $4 846.92
EnCana Corporation (ECA): $2 006.44
Emera Incorporated (EMA): $7 781.76
Sprott Physical Silver Trust UTS (PHS.U): $775.20

Toronto-Dominion Bank (TD): $1 259.40
Cash: $4 793.86

CIBC Dividend Growth Fund: $601.03
CIBC Emerging Markets Index Fund: $316.09
CIBC Monthly Income Fund: $1 064.58

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

GIC National Bank: $1 227.70
GIC Plus TD: $500

Maritime Life International Equity Fund
(Templeton): $584.15
Manulife Simplicity Growth Portfolio: $945.96
Maritime Life CI Harbour Seg Fund: $1 119.93
Maritime Life Fidelity True North Seg Fund: $1 094.10
Manulife GIF MLIA B World Invest: $736.95

Great-West – various: $1 957.04
Various other mutual funds: $675

TOTAL: $37 665.37

Social Capital at Desjardins Membership share: $40

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
($104.96):
$169 164.20

Rob Carrick new sexy darling: Richardson Packaging Income Fund (RPI.UN)

I just read Susan Brunner post about Atlantic Power Corporation. Its not the first time she's written about this company. Its quite fascinating to know that this company its not earning any money, but they pay out a huge amount only to support their dividend distribution. I used to have Atlantic Power Corporation in my portfolio. That was back in 2011. I recently sell ATP, a few days ago. And I am very happy that I did. Since I sell my shares of ATP, I just continue watching the stock going up and down. But now, I must say that I am very very sure I did the right move.

Friday was pay day but after rent, student loan and banking fees, I only have left a tin cuty little $425. And my mom is visiting me for Easter so its kind of pretty sure that I will be spending a bit of money... Spring is slowly coming. It a major deception to see that snow on Montreal while we didn't have any left. I am not a winter fan.

Rob Carrick is slowly getting better at what he does. After the boring usual financial articles, he now decided to feed us with some better stuff. Ok, just read this: "A small-cap stock with a large-cap dividend"... I know, it is hard to believe that something soooo cooollll is coming from  the pen of Rob Carrick. It change from the usual boring blabla about should I invest in real estate and other even more boring stuff. In a middle class situation, you need to be a complete moron to buy in a city. And if you buy now in Montreal, its mean you are much more than a moron.

For once, Rob Carrick have it all and he finally understood that the blablabla about real estate and retirement is simply of no interest at all. Carrick hot new dividend stock is: Richardson Packaging Income Fund (RPI.UN). The fund pay something like a 8% dividend yield. After I had sold ATP, I need to restructure my portfolio and finally get organize. Currently, my projected annual dividend income for 2013, without counting RRSP, is of $7 288.87. I taught it was going to lot less, like of the like of 6 500... CATASTROPHIC. But no, I am at $7 288.87 ($607.41 annually). My monthly rent is at $610 per month, so I almost almost able to cover my rent. $610 is quite a bunch of money just for rent. I could spend less in rent, but I will have to move and I probably will have to take the metro everyday to go to work, another $80 expense. 

I am thinking of investing a 1k in Richardson Packaging Income Fund (RPI.UN) inside my TFSA. That way, I will be back on where I used to be in term of dividend earnings, and the equivalent of my monthly rent will be pay. RPI.UN is cheap and its value is always around the $10 per unit. This is not a fabulous grow stock, but the company is interesting for its dividend and stability in the value. I wouldn't recommend to invest thousands in this one, but a 1k would just do the thing, a mini dividend juicy boost.

I previously chat a bit about Telus Corporation (T). I am thinking of adding that one to my RRSP. I have a 4k in cash inside my RRSP. Investing a 2k in Telus would just do the thing. I used to also have my eyes on BEP.UN, but I prefer to buy it at a lower price. This title is quite volatile and it doesn't really worth it to buy BEP.UN on top of its game. As for Telus Corp, I don't have any problem at buying at anytime.

I am just surprise at my abilities to deal with hell and still be able to pop it like heaven in term of dividend. My hell been with ATP and its now completely offer. Or almost. I enroll in a class law suite against ATP with a New York Firm, Levi & Korsinsky. I hope to get my hands on a few hundreds with that one. I don't mind if it take 2, 3, 4 or 5 years because I haven't lost my skirt on that one, but $1 900.

Losing a 2k or so on a stock didn't got me down to the ground. I actually felt much much better once ATP was out of my portfolio. Fact is, I can declared that amount (2k) as a capital loss. And currently, my non-registered is at $121 536.97, +0.79$, +$958.22. Since the economy is getting better in the States, I think my portfolio could gain, I hope, something like 5% by the end of the year if I continue doing smart investing moves and stop gambling with my money. Its pretty much achievable. Just like earning a 8k in annual dividend. I am just missing $643.49 ($53.62). Almost there.

Hey, what's up with the TFSA at TD Waterhouse buddy

My non-registered portfolio is at $122 203.72, +$1 624.97. I have great gain with stuff like Methanex (MX). I bought my shares during the 2008 stock crash... And now, the value had more than double... At least on that one. I took a quick look at Atlantic Power Corporation (ATP). Was it a great move for me to sell ATP? OH YES. Now, I really have no doubt about it.

I find it somewhere soooo innocent and sweet the last post from mine (after reading the comments, I find it very funny). Now you can tell yourself: the bitch really doesn't know what she's talking about. I was dreaming of a double dividend on a split. Who knows, maybe that's what going to happen!!! LOL. I am just wondering how in the world can some people wrote that I am retarded. Canadians are no longer what they used to be.

Remember that investment I made inside my TFSA in Precious Metals and mining Trust (MMP.UN)? Well, the investment is up to $5 per share, very closed to what I bought it. I now have $53 in cash and I would like to get it in cash. Problem is, with TD Waterhouse, it used to be like this: one withdraw per year, after one, you pay fee!!! I don't know if its like this still, but no matter what, with a portfolio that exceed the 100k value, what the hell TD Waterhouse, you need to obey me, and give me what I want.

This is not Alice in Wonderland, its the real life story of the Dividend Girl!!!

My next trade? Telus Corporation (T)

I wake up really late this... afternoon lol. I got ready, hit outside, went for a coffee. It was supposed to be a walk diet for a couple of hours but I find it cold outside so I simply went back home and log in my broker account. I cheat on my diet (I got a piece of cake with my coffee), but without sugar I am nothing. I am a sugar babe. 

Other than that I didn’t eat that much so it won’t be a disaster. I am drinking water for once. I began to feel hungry, but feeling hungry is sign that I am alive. I guess I had loss a bit of weight but it’s impossible to say since I don’t have any scale. I really need to go for a walk tomorrow or nothing will happen. Or I just keep going with the feeling hungry syndrome.

Once back home, I was quite happy to see my non-registered portfolio at $122 157, +1.31% (+$1 577.99). I am expecting an interesting month for my dividend income, something around $700 I guess. I am getting paid this week so I will have a little something left to invest in something new. My margin value is at $16 527.19 and I have 25k available on my credit lines for emergencies. I plan to invest inside my TFSA so whatever money made will be 100% free of tax. I am slowly getting there, but the major reason is that my portfolio is stronger now, but I am still using a great deal of my margin.

I am just very happy that Atlantic Power Corporation (ATP) is no longer from my portfolio. ATP closed last Friday session at $5.46. If I would have continue to that “sucker” as name by the one and only Lou Schizas, I would had fall into depression. The stress endured for holding ATP is unbelievable. I had trouble to fall asleep because I was thinking of that shit over and over again. I went through a lot of thing in my years of investment but I never had trouble to get my beauty sleep because of what I was doing on the stock market. Another situation that really stressed me out is when the earthquake happened in Japan. I really taught that the TSX was going to take an in deep plunge, but it didn’t. It was also a humanitarian sad event. It wasn’t exactly easy. But those events had no effect on the Canadian stock market – which I find very strange. The TSX take a hit every single time something bad is announced regarding the Euro zone, but when something really bad happen in a financial healthy country, nothing happen.

I may had loss $1 900 by selling ATP, BUT, that money will be declared as a capital loss (meaning kind of a tax credit) AND also, well just look at it now, my portfolio is at +$1 577.99, which is terribly close to the $1 900 and I have like 2k available for new investments and dividend income just keep coming kicking off. I am not dealing with a catastrophic situation here. It is not too bad. I am actually quite pleased on how well things are going. Class actions just continue to pop up one after the other against Atlantic Power Corporation (ATP). The latest on the list being Morgan & Morgan. I signed in with Levi & Korsinsky and things are now officials. On March 15, Levi & Korsinsky has commenced a class action lawsuit. I hope to be able to get a few hundred. I have no idea on how much I can earn, but at least, I have battle for my investor rights, you need to respect that.

Following my comment on his blog, Lou wrote me an email:

“Hey Sunny,
As I was taught - cut your loses and get to your next trade!
Happy Capitalism!”

Too kind. Thank you Lou. I like the fellow. Happy Capitalism is his trade mark sentence, the pitch of a ball. Mine is Hot and Sexy Sugar Babe addicted to sugar and other stuff you don't really want to read about on a financial blog.

For now, I am thinking of my next investment. And I cannot really wait! I am interested by BEP.UN, by the ABC stock of Derek Foster and a few other I talked about previously. I am always looking for new stocks to invest in. Readers are good to give me some hot picks. But sometimes, reader picks are too hot. I don’t want to burn myself anymore. I don’t want any more night of insomnias. I just want a portfolio that I can rely on, I want to be able to go to work without having to stress about my portfolio when I really have no time to full around.

This chick knows what she wants. In his latest newsletter, Derek Foster chatted about Colgate that’s going to split 1-2. Nice, but Colgate is a US stock. And it is also, I guess, terribly expensive (I didn’t look at its price value). Image this: I have found my very own sexy and Canadian split 1 for 2... It’s a company I talked about investing in and now is just the perfect time. It is the perfect time to invest in Telus Corporation (T)!

During a stock split, generally speaking, after the split, usually, the stock title gains value. And also, a stock split means you are in position of doubling the dividend income on the stock. Let say that on Monday I invest in 30 stocks of Telus, after the split, 1 for 2, I will own 60 stocks of Telus and my dividend income on the stock will go from let say $60, to $120. That’s kind of hot isn’t? It is really hot. So I guess that this time, I really had come with my very next stock pick.

I recommend to all an investment in Telus BEFORE the split event because it’s going to be sexy cool and $$$, super lucrative.

Atlantic Power Corporation (ATP) is no longer from my portfolio

Lou Mailbag just wrote an awesome post on ATP, on which I comment. Basically, Lou is saying everything I am thinking of ATP. I registered a capital loss of $1 900 and I was able to get my hands back on $1 300 that I will later on reinvest once I get plug in on something better.

I completed the transaction on March 11. Once completed, I felt much much better. Sure, its a pain in  the ass to be losing $1 900, but $1 900 is not that much of a big deal. I didn't feel sad and I don't feel sad of it now. I just feel better. And after reading Lou latest post about ATP, I am feeling even better about my decision.

ATP is not longer from my portfolio.

I am currently looking for a part-time job as a cleaning lady. It will be a good way for me to get the exercise that I terribly need and also, it will help me recover from that close 2k loss.

The result of my portfolio was very good anyway. I was at the very close 123k yesterday for my non-registered portfolio.... but today, it felt to something of the like 118k.

I am going to bed now, I am tired already.

The diet is going on well.