Today is pay day! 502.39$ dividend earning in one single day of... work

Today April 15, 2011, I had received 502.39$ in dividend! I don’t earn that much in a single day of work, that’s for sure! Here’s the dividend that join the dividend girl club today:

Colabor Group Inc. (GCL): 53.82$
Data Group Income Fund (DGI.UN): 32.73$
K-Bro Linen Inc. (KBL): 9.16$
New Flyer Industries Inc. (NFI.UN): 6.63$
Pembina Pipeline Corporation (PPL): 56.81$
Premium Brands Holdings Corporation (PBH): 119.95$
Sprott Inc. (SII): 150$
Student Transportation (STB): 0.04$
Westshore Terminals Invest Corp (WTE.UN): 19$
WesternOne Equity Income Fund (WEQ.UN): 54.25$
TOTAL: 502.39$

I know, that 4 cents coming from Student Transportation (STB) is strange but I believe it’s the dividend amount money that actually didn’t DRIP. I guess something else will show up within a couple of days for Student Transportation (STB).

Previously, I had received 10.84$ from Horizons Gold Yield Fund (HGY.UN) and 59.18$ from EnCana Corporation (ECA).

The overall value of my portfolio might had decreased of something like of 4 000$. Nothing to worry about, it’s just the effect of the market volatility and if you want my point of view, nothing is better than a little plunge to keep it real. Lately, I made many changes to my portfolio, trade a lot but it worth it all the way. For the experience, but also for the gain, despite experiencing the market volatility. Nothing that I am not use to. It’s not fun to see that my portfolio worth 4 000$ less than what it usually worth. But a 4 000$ on a 160k is not that of a big deal, especially while knowing that the market will – eventually – go up again. It’s not about being too much self-confident, it’s about having faith in the market. I am extra proud of my Just Energy Group (JE) who, despite the market volatility, is exceeding the 15$ per stock! Yeah! Basically, all of my investments are extra strong, except Yellow Media Inc. (YLO) and New Flyer Industries Inc. (NFI.UN). All of the other investments are down, but not of much.

And... major announcement, finally... my investment in the Sprott Canadian Equity Fund had exceed the 8 000$! I had initially invested 7 000$ in the Sprott Canadian Equity Fund back in 2008. I now hold the investment in my RRSP. I had been very patient with the Sprott Canadian Equity Fund and it worth it all the way. I am just hoping to be on the road for a straight and continuous grow.

And good news, since I didn’t have any other investment project, I start paying off some debt! For the occasion, I use a 1 000$ of my margin at 4.25$ to pay off my 10 000$ credit line the one at 7.27%. I currently have something like 7 850$ left to pay on it. I made a self-contribution of more than 1 000$. For the first time of my investment life (since 2005)..., I use my saving to pay off some debt and for nothing else. I would like to pay off completely that credit line at 7.27%. It will increase my net worth value and leave a 67$ in my pocket. This 67$ or so is the minimum monthly payment required on my 10 000$ credit line.

Among other, I had been receiving voting package after voting package for all the companies I hold. And I didn’t even received them all yet. Many reading on the way, many votes needed to be done. But the most important vote will be the one done on May 2, Election Day in Canada! No anticipated vote for me. I will vote on the DAY. The day of May 2, the day where real Canadians, people of the country, will vote for their new leader. And no, Quebeckers shouldn’t be giving the right to vote. Quebec cheaters and liars, people of the evil forces hide behind Bloc Quebecois Gilles Duceppe. A shame for the Canadian nation. In the meantime, while waiting for justice to be done, I will be counting my money, meaning I will update my portfolio value. The 200 000$ in asset is not that far away. Be ready.