Weekend Reading April 25th

 

Another work week has been completed.  Some interesting news out this week in regards to Canada's railroads. The two companies are Canadian National Railway (ticker symbol : CNR) and Canadian Pacific Railway (Ticker Symbol: CP).  The government has brought in new rules for the railways for shipping dangerous goods (mostly crude oil) after the horrific train accident in Lac-Magentic, Quebec in July 2013. The old rail cars, known as DOT-111 cars, are highly succeptable to puncturing and leakage. In less than 30 days from today, these rail cars will be prohibited in Canada. Rail cars made after 2011, are better designed and are known as CPC 1232. Cars will have to meet this minimum standard in a few years time.

www.cnrail.com

Some interesting posts from other financial bloggers to read this weekend :

Liquid Independence has an interest article about Money Perception Over Time.  I agree with him that I look at money different then was I was a youngster.

Dividend Mantra talks about sacrifice  of living below means in this great  article. Dividend Mantra is living below his means so he will have freedom from working all his life. I agree with him in regards making sacrifices today for a better tomorrow by living below my means.. The put a lot of money into savings and investing to have my money work for me over having material things right now.

Dividend Stock Fish had an interesting article from a few months ago. In this article, there is a video about How the economy works. The video is an interesting video about how the economy actually works.

The Passive Income Earner has a good article about having 50k Ready to Invest. By transferring his RRSPs to an RRSP account where he can purchase dividend paying companies directly allows him or her to have better control over his finances.

An interesting video by Bill Ackman on everything you need to know about finance and investing in less than an hour in this video. Bill Ackman is CEO of Pershing Square Capital Management.

Photo Credit : www.cafepress.com

DISCLAIMER:

     I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.  Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk

Some Weekend Reading

As we get ready for the start of another work week.  Some articles from around the web that you might be interested in reading.

A portfolio update for March 2014 over at Pulling Ourselves Up Financially.  This guy spread sheets are really in depth.  Like the rest of us, he making sacrifices with money to grow his money.

Dividend Mantra published a post on Break in Case of Emergency.  I agree as your passive income increases it reduces the stress in your life. If you were to lose your job or something major happen in your life, the passive income coming in helps a lot.

Liquid Independence has a few interesting articles. His investment in Dollarama.  As people try to save money they often pay visits to the dollar stores. All though there are lots of different dollar stores out there, Dollarama is quite a large thrift store chain. A second post, Financial Confidence is about financial literacy. People need to seek out information about financial topics or investments that they are interested in ..I agree if you decided to investigate further into a topic, it will allow you to make the decision to TAKE ACTION easier to make.

Earlier this year, My Own Advisor shared some of his predictions for this year. Take a look at some of his predictions in this 2014 Predictions.

DISCLAIMER:

     I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.  Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk

Recent Trade - Sale

In a recent trade, I purchased 100 shares of Boston Pizza Royalties Income Fund, which you can read about here. The fund (BPF.UN) makes money as a percentage of gross sales. The fund has only administrative expenses and payment on debt. The fund does not receive the entire 100% percent of the royalties paid from the franchises.

I recently sold this position of 100 shares at $20.42 a share.

Cost : 2014.95 including commissions
Sale :  2037.05 including commissions
Profit : $22.10
ROI :   1.10 %

This is a very small return but I will take $22.10 over nothing or a loss.

Disclosure: I am still long BPF.UN in my TFSA, which I have owned since March 2010.

DISCLAIMER:

     I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.  Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk

Dividend Update - Mar 2014

 The month of March 2014 is another month of increasing dividend income. This money is used to help pay my expenses if it is needed. If the money is not needed it is ALL used to purchase new investments to further increase my cash flow.

Non-registered Account

• Killam Properties (KMP)  - $5.75
• Shaw Communications (SJR.B)    - $18.33
• Just Energy (JE) - $47.88
• Enerplus (ERF)  -$ 45.36
• Tim Horton's - $  32.00
• Enbridge (ENB) -  $11.55

TFSA

• Killam Properties (KMP) - $  14.00
• Dundee REIT   (D.UN)  - $ 16.61
• Cominar REIT (C.UN) - $5.28
• Boston Pizza  Royalties Fund (BPF.UN)   - $23.87
• Enbridge (ENB) -  $2.39

Total = $223.02

This total represents a 20.42% increase from 3 months ago and 72.76%  year over year. The large percentage increase is due mostly to dividend from Tim Horton's, which I bought a just a few months ago.


I also received another distribution payment of $56.00 for my swing trade in Dundee REIT in my non-registered account. This is not listed above since it is a trade, so I keep the money in the account and do not pay myself first with this payment. I have received $483.47 in distributions so far on this trade.

I will update my dividend income tab with the new amount.

Disclosure : Long all securities above.

Photo Credit: www.mipaq,co.za

DISCLAIMER:

     I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.  Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk

Portfolio Update - Mar 2014

It is time to update my portfolio. I made a purchase this month.  I purchased shares in Boston Pizza Royalties Income Fund in my non-registered  account, which you can read about here..


The following stocks were DRIPPED.
 - Enerplus 2 shares @$21
 - Enbridge 0.052 shares@$46.26

This past month Shaw Communications increased dividend took effect. I also turned the drip off for Just Energy as the stock is trading above my adjusted cost base.

The current value of my portfolio is $63403.69. This represents an increase of 4.24 percent over last month.

Disclosure:  Long ERF, ENB, BPF.UN, SJR.B, JE

DISCLAIMER:

     I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.  Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk