Quick Peek at November Stock Stuff

Current holdings as of November 2/2011:

• Alaris Royalty Corp
• Student Transportation
• Data Group Income Fund
• Just Energy
• Inter Pipeline 
• AvenEx
• Chorus Aviation
• Pembina Pipeline
• BTB REIT
• Cash

On October 28th, I sold out of Superior Plus (2700 shares for $7.30) with a gut feeling that there was a yield cut coming. And after market close tonight, SPB announced a 50% cut in the dividend effective immediately.  Glad I got out early - there could be a rush to sell in the morning.

With the proceeds we bought more Just Energy, who should be announcing their November dividend payment tomorrow. They usually send out the release on the third of every month, and recent guidance indicates they are keeping the payout the same into the new year.

Alaris Royalty reported today and the numbers look good.  I started buying this one in 2009 around $6 and it has been one of our most consistent performers, along with Student Transportation. 

Our dividend income has finally hit $51,000 per year, tax free. We were actually on track to hit that figure back in May but then I messed things up by getting greedy with Yellow Media. That was a hard, expensive lesson that I won't be forgetting soon.

Anyway $30,000 of that $51,000 covers our annual living expenses and the rest is added to my cap gains (from trading) and reinvested back into the portfolio.

Stock investing isn't for everyone, but if you have the time and patience to read/research individual company info, it can pay off. And it's a great forced savings plan since you have to get the start up cash from somewhere. Better than spending it all the mall.

Usual disclaimer stuff:  I'm not your mother or your investment advisor.  Don't buy into any company I talk about on this very non-professional blog unless you've done your own dd and see value in the purchase, and blah, blah blah...  

Comments

[Don]

You are doing really well with your investments, I have read articles on Yellow Media that indicate it might go the way of the dinasours. Have you toured around your new area very much? How does the economy look there?

[kelsi]

Mr P - I was doing a lot better, but I got greedy trading both Yellow Media and BioExx and lost some cash this year. Had I stuck to my plan we would be way ahead of where we are, but I guess that's how you learn.
Losing money makes a BIG, everlasting impression on me :)
We haven't toured Alabama much but we have big plans for November including the coastline and 'The Little Zoo That Could' - a local zoo that was almost wiped out by Hurricane Katrina, but survived. And I really wanna walk thru a cotton field. It still amazes me that cotton balls grow on plants.
The economy here seems to be doing okay with the main industries being farming, fishing and tourism. I think the devastating hurricanes affected things more than the banking crisis ever could have. We're doing our part to stimulate the local economy, buying food from farmers and touring smaller attractions. I'll post some pics later in the month.

[Rene']

Kelsi,

It's tough enough to bat 500 picking investments. You seem to have a good nose for the research and buys. I would say that your batting average is really good. It does call for constant diligence though, doesn't it?

Continued success!

[kelsi]

Thanks Rene - I really enjoy the research that goes along with investing which is probably why I find it easy. And I found my own investing niche (small/mid size Canadian div payers) which carry the same risk as bigger blue chips but can offer bigger rewards.
Totally off topic - did the cops ever catch the goobers who vandalized your internet/phone cables?

[Rene']

No, the cops have not found the vandals who cut up the internet cables to about 25,000 homes and businesses. Sure hope they find them though!