Happy portfolio time, at least

The week had been crazy. I am just drain out. It’s seem like it’s when I am the most exhausted that my portfolio is running at its best... I got a shift change for a week and it’s hard for me to adjust. So in result, I arrived late. But it’s not my fault. I mean I accept the shift change to help at work, so arriving a couple of minutes late shouldn’t be that much of a problem knowing I am almost always on time otherwise... Right? lol...

Funny thing is that it’s seem like it’s when I am at the most exhausted that overtime become available... This mean that for now, I can do extra hours at work and do what I had planned to do a long time ago: pay off some debt. But this time it’s for real. My portfolio is great just the way it is. I don’t have any more investment projects for now. I am done. But the results had been good and I enjoy my latest trades.

I didn’t post about this one, but a couple of days ago, I had invested in 200 stocks of Premium Brands Holdings Corporation (PBH) at 17.39$ in order to benefit from their latest dividend. My margin is over load but I plan to sell SII, DH and the latest 200 of PBH whenever I can make a profit from the sale and than, I have to say, I think I will be done with new acquisitions for a little while. I know I can make a profit out of PBH and the other. I am not in a rush to sell. I had been running for dividend but placing purchasing order before a dividend closing business date just to get more in dividend is not something I plan to do on a regular business. The latest investments I made were purely emotional, just as for everything else. My emotions make me buy more, but they never make me sell (or barely). This meaning I am able to control myself in order to not to sell and not lose money.

But lately, what happen is that I wanted more and with the margin account of mine, my cash flow is enormous. I don’t regret any of my investment. But I am at a point where the exhaustion is telling me to give it a break. I won’t sell my investments – if not just a few of them. My portfolio will remain. Just that now, it’s the exhaustion who’s telling me what to do.

The latest events had been quite too much for me to handle all at a time. And it’s not true I can handle it all. I hold many companies in my portfolio. Part of the exhaustion is coming to that. The other part would come from my personal life and the other part from my everyday life. Will the exhaustion ever end? I think it’s all in the head. I need to keep in control. I know somewhere I can control my debt situation and I can control my investments. It’s just a matter of schedule. It doesn’t take too much to bother me. Just a shift change and boom, my world is upside down. It’s just I had plan to get the night shift, which I had for 2 days. During those 2 days, I wrote on my blog, follow my investment, wrote my review of Dewitt & Maria movie (did you read it?) and done a lot of things I wanted to do for a long time. But now, I am back to the day shift and I wasn’t mentally prepared for that and look at me now. I am all f up. My night shift should come back again next week. I hope.

Movie review of the romantic comedy Dewitt & Maria

Check out my latest HubPages: a review of movie Dewitt & Maria.

Fabulous trading secrets revealed on how to trade efficiently the Sprott Physical Silver Trust UTS (PHS.U)

I wrote about what will follow before, but a reader email make me realize that my finding is huge and I need to refocus more on how to successfully trade Sprott Physical Silver Trust UTS (PHS.U). You’ll find this trading secret no place else on the Web if not right here on the Dividend Girl blog!

Why the Sprott Physical Silver Trust UTS (PHS.U)?

I had been holding Sprott Inc. (SII) in my portfolio since 2008. In the last quarter of 2010, Sprott announced the launch of 2 new investment products: the Sprott Physical Silver Trust UTS and the Sprott Physical Gold Trust UTS. At first, I didn’t pay too much attention at the time on those new Sprott products. Following their initial public offering, Sprott Silver and Sprott Gold got launched in the market. I was already holding gold in my portfolio with the Claymore Gold Bullion ETF (CGL), so I wasn’t much interested in the Sprott Gold. Sprott Gold results were good, but nothing of more interest. But things were completely different for the Sprott Physical Silver Trust UTS (PHS.U). In November 2010, I invest in my first units of Sprott Physical Silver Trust UTS (PHS.U). I wanted to hold this investment but selling was too tempting because money was easily made through the Sprott Physical Silver Trust UTS (PHS.U).

Since November 2010, I sell and buy some Sprott Physical Silver Trust UTS (PHS.U) on a regular basis. Sprott Physical Silver Trust UTS (PHS.U) quickly became one of my favourite. PHS.U started its trading life at 10$ per unit. Just 5 months following its launch, Sprott Physical Silver Trust UTS (PHS.U) almost double in value. PHS.U closed last Friday session at 17.40$!

I never been a heavy trader, but the Sprott Physical Silver Trust UTS (PHS.U) is perfect for quick and easy money gain by overnights buy-and-sell scheme. Perfect yes, but even while trading on the TMX, Sprott Physical Silver Trust UTS (PHS.U) is in US dollars. I know, it’s strange. I never understood why the Sprott Physical Silver Trust UTS (PHS.U) is being trade in US dollars. I stop trying to understand a long time ago. This being said, if you simply don’t understand what I mean, try to place a purchase order for PHS.U without completing the sell. In your broker account, place a purchase order for let say 100 units, ticket symbol: PHS.U, market: Canadian, market trade for the same day. Click continue and stop right there. If you are with TD Waterhouse, you’ll get the following message: “The currency of your account does not match the currency of the market. Your trade will be converted to the currency of your account.” The following mean that you are about to trade in US dollars in the Canadian stock market! The currency problem won’t really affect you at the time of the purchase. But it will at the time of the selling of your Sprott Physical Silver Trust UTS (PHS.U) units. I previously wrote about one specific sell of PHS.U that didn’t go well. My 300$ profit turn into something like a 30$ profit. Why? Well, at the time I place my sell, the US dollars may had worth more than usual. And it had a direct effect on the profit made. You can read more about my trading flop right here.

I recently discover how to avoid such “tragedy” to happen again. The solution proposed by TD Waterhouse being to trade Sprott Physical Silver Trust UTS (PHS.U) inside RRSP or TFSA. The account you trade Sprott Physical Silver Trust UTS (PHS.U) need to be a register one. Here’s the trading secret, step by step: 1. Purchase some PHS.U units inside a RRSP or TFSA broker account. 2. Sell your PHS.U units hold inside the RRSP or TFSA as soon as an appealing profit can be made. 3. As soon the sell order is completed, call your broker and request a wash trade.

What is a wash trade?

A wash trade is something that can be practice, but only inside a RRSP or TFSA broker account. A wash trade will erase the fees related to the currency exchange. Which mean that a 300$ profit will remain at 300$! I didn’t practice a wash trade myself so far as I decided not to sell the Sprott Physical Silver Trust UTS (PHS.U) units I hold inside my TFSA. But I might give it a try soon. The wash trade is interesting for a TFSA. Imagine: the profit made inside a TFSA, even once being withdraw from the TFSA are free of tax and on top on that, all amount withdraw from a TFSA can be deposit following one year after the withdraw is made... When it come to a RRSP, no withdraw can be made of course, if not, you’ll face penalties. Despite being a register account, the TFSA is flexible. If being use properly, the TFSA can be a mine of... silver.

I hope you’ll appreciate this tip but before applying it, please consult your broker. The information shares in this post need to be verified. I am not a professional.

About Davis + Henderson Corporation (DH) Trading Halted Status – Part 2

Friday March 25, 2011 seem to be like any normal trading day for David + Henderson Corporation (DH). But just the day before, on March 24, 2011, a trading halted had been apply to Davis + Henderson Corporation (DH). The trade halted had been applied BEFORE DH publicly announced its acquisition of Mortgagebot LLC for US $231.8 million. On March 24, 2011, Davis + Henderson was halted at 12:22 p.m. PT. DH made its public announcement shortly after. The halt trading had been resumed in the early morning of March 25, just on time for the opening of the stock market.

Personally, I don’t think it was a really good idea to proceed this way. On the day of March 25, 2011, DH reached one of its lowest points since a long time: 19.90$. During the day, there’s been a mini-crash in DH value and it’s been caused by the halt trade event, not the announcement of DH latest acquisition. Reason why I am saying so is that if investors would had reacted really badly following DH acquisition, DH had closed the day of March 24 at 19.90$ or even lower. But DH closed the day of March 24 at 20.26$. Not too bad. In those days, investors seem to be quite sensible to any type of uncertainties. Adding one of the types of a halt trade on top of everything else (situation in Japan, etc etc etc) was a bad decision made by maybe (?) DH, but probably DH.

I know the following has nothing to do with DH, but I will like to talk here about another company I hold, Exchange Income Corporation (EIF). On March 9, 2011, Exchange Income Corporation (EIF) announced they had acquired Westower Communications for $79 million. Following what, Exchange Income Corporation (EIF) declared they had entered into a new $235 million long-term debt facility. No halt trade had been made before or after the announcement made Exchange Income Corporation (EIF). The reaction of investors could have been very bad. Imagine, the company is getting more than 200 million into debt! I don’t know anything about finance. One event is totally stranger of another event. Nothing can compare, everything is different. Well, following Exchange Income Corporation (EIF) announcement of its Westower Communications acquisition, EIF title gain in value! In other words: when it come to finance, small investors like myself can’t never know what’s going to happen. Don’t even try!

I went through one of the most difficult week of my life following Japan tsunami disaster. Why? Because I taught I was going to live again the same events of 2008: another market crash! The market didn’t get destabilize following the Japan tsunami, but I got. Japan is the world third largest economy. How come the Canadian stock market didn’t crash following the Japan tsunami? It’s something I will never understand. Following the most difficult week of my life, I learn that what investors are really into are US statistics. If US loss jobs or have a high unemployed rate than yes, the Canadian stock market might crash. But only at the condition of such event. My reactions are not the ones of the investors mass and it make me think that yeah, I am nothing more than a small investors and yeah, I barely understand what I got myself involve in. Investing in period of uncertainty can be a real nightmare. But it doesn’t mean I am calling it quit. My investments are gaining in value, I still earn money. And during that time, Japan is doing through a very hard time. Any of this really makes sense. I am not supposed to make gain while a disaster is happening. But it’s happening. So I told myself that, for a while, I won’t even care, I won’t try to understand the nonsense.

Several analysts had ranked DH as a HOLD. If the next financial results of DH are good, DH could possibly gain in value. How long would it take before DH hit its old 22.35$ (highest of the past 52 weeks)? We’ll have to wait to find out.

Thanks readers, another 100$ online money payout for March

The month of February got skip, but March is in. Another 100$ payout. Thank you readers.

Bye Bye Tories! Hello NPD?

Finally, what I was secretly hoping for since Stephen Harper closed the Parliament had happen: Tories government had been quick out of the place! Ok, well, I wasn’t totally again Stephen Harper, I have to say. Part of me admires his courage and determination for Canada to remain a united nation despite Quebec hostility. That had been a really tough job to handle. Quebec province is a hypocrite nation requesting too much attention from the federal. Stephen Harper had been a great Prime Minister, he can be proud of his realization and leave in peace. Stephen Harper matches the talent of Liberal Jean Chrétien. But I really dislike Stephen Harper for having established Quebec a distinct nation inside a united nation. Quebec has nothing to do with Canada and Quebec is not distinct of any other Canadian provinces. That being said, I know Jean Chrétien is a Quebecker. It doesn’t remove anything from my admiration. Ok, you’ll say: the sponsorship scandal. Well, as a Prime Minister, no one can really have its eyes on absolutely everything. It’s impossible. Tories had been a shame for honest Canadian citizens. So did Liberal. No political parties can be absolutely perfect. Take NPD for example. Jack Layton sympathizes too much with Quebeckers. But this being said, I will probably vote NPD at the next federal election in May 2011. It’s now turn for Jack Layton to shine, for different reasons. In a certain way, fact that Jack Layton sympathize with Quebeckers will make easier for Quebec to finally separate from Canada. In a way.

About Davis + Henderson Corporation (DH) Trading Halted Status

I had been investing in Davis + Henderson Corporation (DH) since 2009. I had first purchased my units (back in the time Davis + Henderson Corporation (DH) was an income trust company) while working as a teller at BMO Bank of Montreal. A couple of weeks following my investment in DH, I got fired from BMO Bank of Montreal. Staff of the Montreal call center was fabulously stupid. I had to deal with a concentrate of super dumb Quebeckers while working at BMO Bank of Montreal. God did what needed to help me. While working at BMO, David + Henderson caught my eyes. BMO Bank of Montreal order cheques for its customers through that company. Davis + Henderson Corporation (DH) is an interesting company in the field of financial sector. They had been around since the late 1800s. DH extends their business in the past with the acquisition of Resolve, among other. Resolve is a company that deal with insurance claims.

Anyhow, all this to say that Davis + Henderson Corporation (DH) is a good reliable company and I had been a DH investor since 2009. DH is a company that I know well, and that being for a couple of years now. Something happen to DH today! DH got frozen at the end of the stock market day! While trying to consult in real-time the value of Davis + Henderson Corporation (DH), the following message appeared: “Status: Trading Halted on this security”. According to TD Waterhouse: “A trading halt is a temporary suspension of trading in a particular security on the exchange”. But why this happen to my Davis + Henderson Corporation (DH) darling?

Today, Davis + Henderson Corporation (DH) made a fantastic announcement: they had acquired Mortgagebot LLC, America's Leading Web-Based Mortgage Technology Provider for US $231.8 Million. This is a very good acquisition made by DH. It will bring more diversification inside their market. That’s being my point of view on the acquisition. From what I saw in the past with DH, they seemed to be very well managed. I only have good words for DH. I guess DH got froze because the company might want to evaporate all risk off loses in the title or they don’t want investors to benefit from extraordinary super quick gains. Imagine: the brilliant me, ex-employee of BMO Bank of Montreal hold more than 300 stocks of DH! Genius. Absolutely genius!!!! (But that will have to be confirm of course. Will DH value rise or decrease, that's what we'll find out - maybe tomorrow!!!).

I find out about DH trading halted in the late afternoon while monitoring Davis + Henderson Corporation (DH). I had set-up a sell order for 100 stocks at 22$. But now that I understand what’s going on, I am just going to completely cancel my sell order because I want to find out what’s going to happen next for DH. Those are very exciting time for Davis + Henderson Corporation (DH)!

Today was an exciting day for Davis + Henderson Corporation (DH), but today was a glorious day for Sprott Inc. (SII). Seem like investors like the explosive profit realize by Sprott Inc. (SII). And so do I. In result, with the money left available by my sell of HZU, I decided to invest in 500 more stocks of Sprott Inc. (SII). At this time, SII is very strong from its financial achievement. The Sprott Canadian Equity Fund is doing super great, as well as other Sprott mutual funds, not to talk about my fabulous PHS.U. I think Sprott Inc. (SII) will continue this way for a little while and this morning when I wake up (late again, but still, I was able to wake up), the first thing I have in mind was Sprott Inc. (SII). More Sprott Inc. (SII) please! And there I went, purchasing my 500 stocks at the highest point of the day. SII represents a good opportunity. Following my new investment in Sprott Inc. (SII), I will touch 175$ in dividend extra special dividend money. I am not in stress about the after dividend period because I really think I will be able to sell at profit. And if not, I will do what I do best, I will simply hold. And pray God. As always :0)

Welcome again Sprott Inc. (SII), 500 new stocks of SII in my portfolio, the party continue

Welcome again Sprott! I invest in 500 stocks of Sprott Inc. (SII) at 9.93$, seem to me I am back in 2008 now... (at the time, I invest in 500 stocks at close to 10$, just like for now). I am sooo happy about the second special dividend. If you invest today, your closing date will be March 29. Which mean that I am good for March 31. Count 3 business days following the trading day and there you go you're in business for closing day of March 31 as requested by Sprott to be eligible for its special dividend. And this being said, its the SECOND one...

New Flyer Industries Inc. (NFI.UN): an investment for the long run

On March 22, 2011, New Flyer Industries Inc. (NFI.UN) released its Q4 results. The results were of -10% compare to last year. This disappointed investors and lead to a massive 12% (or close) lost in NFI.UN trading value. In my case, we are taking of around 250$ lost in NFI.UN this week alone.

To sell or not to sell New Flyer Industries Inc. (NFI.UN)? That’s the question I have in mind. I don’t understand the panic as were only taking about a 10% off.

NFI.UN orders from the US hasn’t been like expected and 2011 had been announced as being challenging one for New Flyer Industries Inc. (NFI.UN). Good, because I like challenge! I read quite a bit about NFI.UN. The investors who didn’t like NFI.UN sell, and the ones, like myself who don’t mind about a 10% loss stick and hold to NFI.UN. That’s what happens this week. One of my reader and expert investor actually told me it was a good time to buy NFI.UN.

So far, no announcement had been made regarding NFI.UN dividend. New Flyer Industries Inc. (NFI.UN) is a leader in its field. The company is located in Winnipeg (got to love the wild Canadian West) and builds beautiful bus for public transportation. It’s not an easy sector, but NFI.UN worth the hold. It’s a good company and deserved to be hold in what Gordon Pape would probably name “in time of uncertainty”.

I taught about selling, but NFI.UN brings in a nice diversification inside my portfolio. With what I hold in New Flyer Industries Inc. (NFI.UN) and Student Transportation (STB), I can say I am now an expert in public transportation stocks. Will my loyalty in New Flyer Industries Inc. (NFI.UN) pay off? That’s what we’ll find out in the upcoming months. Never sell a quality challenging stock in period of uncertainty! New Flyer Industries Inc. (NFI.UN) deserved to be HOLD.

Sprott Inc. (SII) doing it again: Sprott declared a second special dividend

Back in 2008, Sprott Inc. (SII) was my very first stock investment. I was very excited about it (it was my first stock purchase!) and back in the time, I didn’t know how to place my stock purchase. I was completely illiterate, even worst than now lol. Anyhow, I didn’t want to wait. I place the order through a broker. The commission fee? Something like 70$. Way too expensive, but at least, it was there! My first stock investment, 500 stocks of Sprott Inc. (SII) at somewhere close to 10$ per stock, 5 000$ value, it was there in my broker account! I had been holding Sprott Inc. (SII) ever since.

When it comes to Sprott Inc. (SII), I saw it all. I saw my stock value going as low as 4$, if not even lower but it’s not something that I really want to think about now. Imagine: my first stock investment... and it was going to be a flop? NO WAY! Investing in Sprott Inc. (SII) had been one of the best decision ever because it make me learn about the famous PHS.U, Sprott Canadian Equity Fund and hooooooo Timminco (TIM). I never had any doubt about Sprott Inc. (SII). Any investor experts could tell me I was going to make a mistake while investing in Sprott Inc. (SII), Sprott Canadian Equity Fund, PHS.U that I wouldn’t even believe. I would have laugh after them. It turn out I was pretty right actually, at the exception of Timminco (TIM). I loss 4 000$ by being blind to stick to a stock being promote by Eric Sprott. I was blind to dead. This wasn’t supposed to happen, Timminco (TIM) was a Eric Sprott pick after all. I learn the hard way that even financial guru can have their flop. Timminco (TIM) was Eric Sprott investment flop. Not mine. :0))))

Back in 2008, it was the glory days of Sprott Asset Management. The hedge fund of Jean-François Tardif was performing well, the Sprott Canadian Equity Fund was at its highest ever... I was confident that Sprott was able to bring in what I wanted: huge, very very huge profit. But than, the stock market crash, right after I had invested 5 000$ in the Sprott Canadian Equity Fund, right after I had invested 5 000$ in Sprott Inc. (SII) and also, right after I invested 2 000$ in Timminco (TIM). Following the stock crash, I took the decision to invest 2 000$ more in the Sprott Canadian Equity Fund and 2 000$ more in Timminco (TIM). My only regret is the 4 000$ that I lost in Timminco (TIM). Following what, I made myself the promise that I will stop investing if I would have to lost that much money ever again. My experience in Timminco was one in a lifetime. If something like it ever happen again to me, I promise to call it quit. Ever again will you read anything on this blog!

Strangely, since that time, I recover from my lost because other investments had performed very well. Those include Sprott Inc. (SII) and the Sprott Canadian Equity Fund, not to mention Sprott Physical Silver Trust UTS (PHS.U) and Jean-François Tardif top pick Premium Brands Holdings Corporation (PBH), an investment I still hold today and that been performing very well.

This being said, Sprott Inc. (SII) had declared today a SECOND special dividend. Like if a one time 60 cents special dividend wasn’t enough for Sprott Inc. (SII)! This time, the special dividend is of 12 cents per unit. But wait, that’s not all! Please include to that amount the regular quarterly dividend of 3 cents, for a total of 15 cent per stock. This is very good, especially knowing that Sprott Inc. (SII) had paid, not too long ago, a 60 cents special dividend.

How do you think it make me feel to get this kind of return on my ever first stock investment? I simply cannot believe it. Get ready for the special Sprott dividend - part 2! 3 business days before the 31 of March please or something like it in order to get your Sprott fresh new cash. I will get mine, will you get yours?