Savings:
372.07$
Non registered Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 1 996.80$
Timminco (TIM): 168$
Blue Note Mining (BNT): 46$
Bank of Nova Scotia (BNS): 5 464.20$
Hanwei Energy Services (HE): 135$
Methanex Corporation (MX): 2 556.46$
Fortis (FTS): 2 985.15$
Pembina Pipeline Income Fund (PIF.UN):
7 508.80$
Just Energy Income Fund (JE.UN): 9 953.46$
Dumont Nickel Inc. (DNI): 460$
Yellow Pages Income Fund (YLO.UN):
3 010.93$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 638$
Pengrowth Energy Trust (PGF.UN): 1 233.84$
Enbridge Income Fund (ENF.UN): 4 093.32$
Corby Distilleries Limited (CDL.A): 1 589$
Davis + Henderson Income Fund (DHF.UN):
1 819$
Premium Brands Holdings Corporation (PBH):
2 856$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 060$
Cash: 127.48$
TOTAL: 49 701.44$
Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 863.38$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 060$
Sprott Canadian Equity Fund: 5 262.88$
Cash: 21.69$
TOTAL: 9 186.26$
RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 2 088$
EnCana Corporation (ECA): 3 267$
Emera Incorporated (EMA): 4 958$
Cash: 259.15$
CIBC Dividend Growth Fund: 512.36$
CIBC Emerging Markets Index Fund: 449.53$
CIBC Monthly Income Fund: 988.60$
Energy and Base Metals Term Savings (Indexed term savings): 546.25$
Natural Resources Term Savings (Indexed term
savings): 502.06$
GIC National Bank: 1 170$
GIC Finance Plus: 1 513.97$
GIC Plus: 500$
TD Canadian Bond: 112.68$
TD Monthly Income: 107.52$
TD Emerging Markets: 80.79$
TD Energy: 86.15$
TD Precious Metals: 108.76$
TD Latin American Growth: 94.20$
TD Entertainment & Communications: 107.83$
TD Dividend Growth: 204.99$
TD U.S. Mid-Cap Growth: 105.09$
Maritime Life International Equity Fund
(Templeton): 646.93$
Manulife Simplicity Growth Portfolio: 873.47$
Maritime Life CI Harbour Seg Fund: 1 034.32$
Maritime Life Fidelity True North Seg Fund: 985.72$
Maritime Life Trimark Europlus Seg Fund: 598.27$
Great-West – various: 1 753.62$
RBC Canadian Dividend Fund: 524.62$
RBC U.S. Mid-Cap Equity Fund C$: 1 924.89$
RBC Global Resources Fund: 971.31$
RBC O’Shaughnessy International Equity Fund:
606.20$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 061.69$
GIC Canadian Market: 1 000$
TOTAL: 29 743.97$
Social Capital at Desjardins Membership share
for 3 accounts: 40$
Savings + Stocks, units, mutual funds + Tax-free
savings account + RRSP + Online Income
(114.14$):
89 157.88$
[In date of April 23, 2010]
Saturday, May 1, 2010
Thursday, April 29, 2010
My first 100$ payout from Google AdSense program
Yep! Usually, bloggers request a payment by cheque, but I did mine through online banking as I wanted to be sure to get the payment. I didn’t want to see the work of 3 years of blogging to get lost in the mail. What really help me in reaching my first 100$ in Google AdSense is HubPages and of course, this current blog. I reach 100$ once, I can reach 100$ a second time. I just hope that next time, it won’t take me as long as 3 years lol. But I see blogging as a hubby, and when you see blogging this way, your chances of making good money of blogging is low. I also blog on a very personal tone. I am not an expert on anything really, so it makes it even harder. But I have to say, in the last couple of months, I saw the traffic on my blog increasing. The key: just keep blogging, writing, I guess. On a long term goal, I would very much like to be able to earn 100$ per month from Google AdSense program. It’s possible. In my case, 100$ per month would required more articles on HubPages, more post on my blog. Extremely difficult to blog, write articles and work full-time! But I am willing to take the challenge!
The last couple of days had been quite busy. I had been busy at « stretching » my budget, as a new payer is being add on this upcoming May, my RSP credit line payment. My monthly payment is of around 107$. Currently, I have just enough money to cover up for my expenses. But luckily, I can cover all the payments I need to make, rent included for the month of May. Which mean that all of what I will earn on my next paycheque can be money save over my next investment, 100 new stocks of Corby Distilleries Limited (CDL.A). At a point, I am quite tempted to just cash in my dividend instead of making them roll over but as view before…. There seem to be no easy way. I can make end reach just the way I am being set right now but of course, I want more.
April 23, 2010 had been quite an extraordinary period for my portfolio. Back than, my non registered portfolio was at 49 701.44$. For the same portfolio, I registered today a 841.75$ lost. The beautiful gains had been lost, but I am confident I will reach the 841.75$ in gain really soon. I do not really know what to think about the situation in Greece and other European countries. But hope its turn for the best.
So I guess I will have no choice than going out of my comfort zone and work more hours at my daytime job, save save save and… job search. This week, I try to be careful with my expenses. I begin to cut on my coffees but believe it or not, it has an effect on me. I am feeling less alert and more sleepy. I bring tea bag at work and in the morning, I made myself some coffee. But nothing to compare to Second Cup coffee, that’s for sure.
Cutting on small expenses can have a huge positive effect on a budget. As for myself, we can talk about one, if not 2 coffees per day for a total of 4.42$ per day. 4.42$ x 30 days = 132.60$.... 30 days because not to forget I work Saturday and Sunday too… And this amount does not even include eating out. It make easily 200$ per month that I can save pretty easily. I done this kind of saving before, giving myself sometime a « non coffees week » goal. Each time, the goal had been more or less respected, but each time, I had been able to save some money. Myself, my bad habit is mostly coffee and eating out. Once it will be under control for good, I will be fine. I am just very happy to have already the cash to pay all of my May expenses.
The last couple of days had been quite busy. I had been busy at « stretching » my budget, as a new payer is being add on this upcoming May, my RSP credit line payment. My monthly payment is of around 107$. Currently, I have just enough money to cover up for my expenses. But luckily, I can cover all the payments I need to make, rent included for the month of May. Which mean that all of what I will earn on my next paycheque can be money save over my next investment, 100 new stocks of Corby Distilleries Limited (CDL.A). At a point, I am quite tempted to just cash in my dividend instead of making them roll over but as view before…. There seem to be no easy way. I can make end reach just the way I am being set right now but of course, I want more.
April 23, 2010 had been quite an extraordinary period for my portfolio. Back than, my non registered portfolio was at 49 701.44$. For the same portfolio, I registered today a 841.75$ lost. The beautiful gains had been lost, but I am confident I will reach the 841.75$ in gain really soon. I do not really know what to think about the situation in Greece and other European countries. But hope its turn for the best.
So I guess I will have no choice than going out of my comfort zone and work more hours at my daytime job, save save save and… job search. This week, I try to be careful with my expenses. I begin to cut on my coffees but believe it or not, it has an effect on me. I am feeling less alert and more sleepy. I bring tea bag at work and in the morning, I made myself some coffee. But nothing to compare to Second Cup coffee, that’s for sure.
Cutting on small expenses can have a huge positive effect on a budget. As for myself, we can talk about one, if not 2 coffees per day for a total of 4.42$ per day. 4.42$ x 30 days = 132.60$.... 30 days because not to forget I work Saturday and Sunday too… And this amount does not even include eating out. It make easily 200$ per month that I can save pretty easily. I done this kind of saving before, giving myself sometime a « non coffees week » goal. Each time, the goal had been more or less respected, but each time, I had been able to save some money. Myself, my bad habit is mostly coffee and eating out. Once it will be under control for good, I will be fine. I am just very happy to have already the cash to pay all of my May expenses.
Monday, April 26, 2010
Because its all about the lowest and the highest
The upcoming weeks are going to be much better as I got my regular schedule back. I went crazy for the past couple of days as I sometimes had to wake up at 6 in the morning just to go to work… But now everything back on track. My portfolio is doing quite well. Nice gain today again for my portfolio! Most interested gains were for my RSP stocks portfolio.
I don’t know how many times I write and told myself I was going to job search, but I didn’t and I don’t think I will. I am confident I might be able to reach the 90 000$ in assets if not by the end of June, later on this summer and this is enough for me. At a point, working more just getting the hell out of me, money is good, but I guess at 89 100$ in assets, the money lost is excitement, investment lost of its freshness and dividends well, they are what they are: dividend… lol… I know that I will be job searching again but it won’t be for now, unless I really need to.
Maybe I shouldn’t have done this but I just call T D Waterhouse to contribute to my TFSA. I had a 1 800$ or something left over, so I decide to take the 200 units I had of the Consumers’ Waterheater Income Fund (CWI.UN) in my non registered account transferred over my TFSA. And guess who else had join the TFSA? Dumont Nickel (DNI)! I transferred the 23 000 stocks from my non registered account to my TFSA. Why did I do so? I had 1 885.02$ left that I could be invested in for 2010 in my TFSA.
At this point, I am just fooling around with little investments but funny fact is that all of those little investments combine together, make, at the end, a really fantastic 89 100$ and something… Anyhow, I already had 200 units of the Consumers’ Waterheater Income Fund (CWI.UN) into my TFSA. I also had 200 units of the Consumers’ Waterheater Income Fund (CWI.UN) in my non registered broker account. This one actually was my latest investment. Since I had a contribution that could be made for my TFSA, I just decide to have all of my Consumers’ Waterheater Income Fund (CWI.UN) units sleeping in the same boat. That’s really all.
As for Dumont Nickel (DNI), I am just looking forward to sell the 23 000 stocks I hold at 4 cents each. The profit will be, of course, small – but still, a profit is a profit. And why not making a profit free of taxes?
When making those transferred into my TFSA, I had been told if I wanted to make the contribution at lowest or the highest. But I decide at the lowest because that way, it make more money left to contribute for my TFA. The representative didn’t want to give any advice. Brokers are really just that: brokers lol. Even if they want, they cannot provide any advice. What a dream job isn’t? Just execute orders, no hassle. Anyhow, I could also transferred over Hanwei Energy Services (HE) and Timminco (TIM) but at this point, I want to understand what’s the lowest and the highest mean before switching those 2 into my TFSA. Let’s say I want to begin to be more sophisticated and at a point, I promise, I am going to know exactly what I am doing for once in my life.
Transferring some non registered investment into registered investment (TFSA or RSP) is not an easy thing to understand. Just very mysterious. That’s what I remember from last year, when I transferred some non registered mutual funds into RSP mutual funds. I was very curious to see the effect on taxes. But I didn’t get any paper for the taxes except of course, a RSP contribution paper. Transferring non registered investment into registered account – when it comes to mutual funds – is not like making a sell because the exact same amount of units hold is getting transferred into RSP.
Ok, but stocks and units are not mutual funds. So will I have something to declare for the transfer I did tonight with T D Waterhouse? I don’t know. I mostly understand the basic, but that lowest and highest thing is quite intriguing.
I don’t know how many times I write and told myself I was going to job search, but I didn’t and I don’t think I will. I am confident I might be able to reach the 90 000$ in assets if not by the end of June, later on this summer and this is enough for me. At a point, working more just getting the hell out of me, money is good, but I guess at 89 100$ in assets, the money lost is excitement, investment lost of its freshness and dividends well, they are what they are: dividend… lol… I know that I will be job searching again but it won’t be for now, unless I really need to.
Maybe I shouldn’t have done this but I just call T D Waterhouse to contribute to my TFSA. I had a 1 800$ or something left over, so I decide to take the 200 units I had of the Consumers’ Waterheater Income Fund (CWI.UN) in my non registered account transferred over my TFSA. And guess who else had join the TFSA? Dumont Nickel (DNI)! I transferred the 23 000 stocks from my non registered account to my TFSA. Why did I do so? I had 1 885.02$ left that I could be invested in for 2010 in my TFSA.
At this point, I am just fooling around with little investments but funny fact is that all of those little investments combine together, make, at the end, a really fantastic 89 100$ and something… Anyhow, I already had 200 units of the Consumers’ Waterheater Income Fund (CWI.UN) into my TFSA. I also had 200 units of the Consumers’ Waterheater Income Fund (CWI.UN) in my non registered broker account. This one actually was my latest investment. Since I had a contribution that could be made for my TFSA, I just decide to have all of my Consumers’ Waterheater Income Fund (CWI.UN) units sleeping in the same boat. That’s really all.
As for Dumont Nickel (DNI), I am just looking forward to sell the 23 000 stocks I hold at 4 cents each. The profit will be, of course, small – but still, a profit is a profit. And why not making a profit free of taxes?
When making those transferred into my TFSA, I had been told if I wanted to make the contribution at lowest or the highest. But I decide at the lowest because that way, it make more money left to contribute for my TFA. The representative didn’t want to give any advice. Brokers are really just that: brokers lol. Even if they want, they cannot provide any advice. What a dream job isn’t? Just execute orders, no hassle. Anyhow, I could also transferred over Hanwei Energy Services (HE) and Timminco (TIM) but at this point, I want to understand what’s the lowest and the highest mean before switching those 2 into my TFSA. Let’s say I want to begin to be more sophisticated and at a point, I promise, I am going to know exactly what I am doing for once in my life.
Transferring some non registered investment into registered investment (TFSA or RSP) is not an easy thing to understand. Just very mysterious. That’s what I remember from last year, when I transferred some non registered mutual funds into RSP mutual funds. I was very curious to see the effect on taxes. But I didn’t get any paper for the taxes except of course, a RSP contribution paper. Transferring non registered investment into registered account – when it comes to mutual funds – is not like making a sell because the exact same amount of units hold is getting transferred into RSP.
Ok, but stocks and units are not mutual funds. So will I have something to declare for the transfer I did tonight with T D Waterhouse? I don’t know. I mostly understand the basic, but that lowest and highest thing is quite intriguing.
Friday, April 23, 2010
Pushing it right to the top: I am now at 89 157.88$ in personal assets
I knew it was going to be great, but not that huge! Imagine my surprise today, as my investment portfolio exceed the 89 000$! I am currently at a fantastic 89 157.88$. If things continue this way, with my next investment in June – 100 extra new stocks of CDL.A – my portfolio could reach a value of OVER 90 000$! That’s pretty hot stuff. Between April 20 and 23$, my assets gain 817.73$, without new investment or new savings. 817.73$ represent a gain of 0.9256%! WOW!
My gain could have exceeded the 900$ if only Sprott Inc. (SII) would have close at 4$ and Just Energy Income Fund (JE.UN) at 14$... But of course, things just didn’t happen that way. Sprott Inc. (SII) close this Friday session at 3.90$ and Just Energy Income Fund (JE.UN) at 13.71$. Time to buy Just Energy Income Fund! Just Energy had announced recently the acquisition of Hudson Parent Holdings, an energy marketing company operating in New York, New Jersey, Illinois and Texas. One of Canada greatest dividend payer is growing in the USA! Rebecca MacDonald that just of a visionary. Of course, at this point, the only thing I want is to add more of the sublime Just Energy Income Fund (JE.UN) units in my investment portfolio!
Its looking really great for my first 100 000$ because I am now only missing 10 842.12$ before hitting the magic number. I gave myself until December 2010, but seeing how things are going, I may be able to reach my goal on a sooner date or maybe not.
Anyhow, what cannot happen on a closer date will just happen one day or the other. I received Enbridge Income Fund (ENF.UN) (29.28$) and Bell Aliant Regional Communications Income Fund (BA.UN) (24.17$) dividend. It’s now by tomorrow that I am gonna be able to live on my dividend income (lol), but while waiting… I have, let’s say bunch of fun.
My gain could have exceeded the 900$ if only Sprott Inc. (SII) would have close at 4$ and Just Energy Income Fund (JE.UN) at 14$... But of course, things just didn’t happen that way. Sprott Inc. (SII) close this Friday session at 3.90$ and Just Energy Income Fund (JE.UN) at 13.71$. Time to buy Just Energy Income Fund! Just Energy had announced recently the acquisition of Hudson Parent Holdings, an energy marketing company operating in New York, New Jersey, Illinois and Texas. One of Canada greatest dividend payer is growing in the USA! Rebecca MacDonald that just of a visionary. Of course, at this point, the only thing I want is to add more of the sublime Just Energy Income Fund (JE.UN) units in my investment portfolio!
Its looking really great for my first 100 000$ because I am now only missing 10 842.12$ before hitting the magic number. I gave myself until December 2010, but seeing how things are going, I may be able to reach my goal on a sooner date or maybe not.
Anyhow, what cannot happen on a closer date will just happen one day or the other. I received Enbridge Income Fund (ENF.UN) (29.28$) and Bell Aliant Regional Communications Income Fund (BA.UN) (24.17$) dividend. It’s now by tomorrow that I am gonna be able to live on my dividend income (lol), but while waiting… I have, let’s say bunch of fun.
My stock investment portfolio in date of April 20, 2010
Savings:
372.07$
Non registered Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 1 894.40$
Timminco (TIM): 176$
Blue Note Mining (BNT): 48$
Bank of Nova Scotia (BNS): 5 451.60$
Hanwei Energy Services (HE): 114$
Methanex Corporation (MX): 2 524.53$
Fortis (FTS): 2 972.55$
Pembina Pipeline Income Fund (PIF.UN):
7 446.40$
Just Energy Income Fund (JE.UN): 10 134.96$
Dumont Nickel Inc. (DNI): 460$
Yellow Pages Income Fund (YLO.UN):
2 871.09$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 614$
Pengrowth Energy Trust (PGF.UN): 1 207.34$
Enbridge Income Fund (ENF.UN): 4 057.56$
Corby Distilleries Limited (CDL.A): 1 575$
Davis + Henderson Income Fund (DHF.UN):
1 797$
Premium Brands Holdings Corporation (PBH):
2 880$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 052$
Cash: 100.93$
TOTAL: 49 377.36$
Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 833.59$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 052$
Sprott Canadian Equity Fund: 5 090.23$
Cash: 21.69$
TOTAL: 8 997.51$
RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 2 052$
EnCana Corporation (ECA): 3 177$
Emera Incorporated (EMA): 4 904$
Cash: 259.15$
CIBC Dividend Growth Fund: 509.37$
CIBC Emerging Markets Index Fund: 447.06$
CIBC Monthly Income Fund: 981.28$
Energy and Base Metals Term Savings (Indexed term savings): 546.25$
Natural Resources Term Savings (Indexed term
savings): 502.06$
GIC National Bank: 1 170$
GIC Finance Plus: 1 513.97$
GIC Plus: 500$
TD Canadian Bond: 112.60$
TD Monthly Income: 106.92$
TD Emerging Markets: 80.67$
TD Energy: 84.90$
TD Precious Metals: 105.73$
TD Latin American Growth: 94.46$
TD Entertainment & Communications: 107.02$
TD Dividend Growth: 204.30$
TD U.S. Mid-Cap Growth: 102.77$
Maritime Life International Equity Fund
(Templeton): 645.28$
Manulife Simplicity Growth Portfolio: 868.54$
Maritime Life CI Harbour Seg Fund: 1 027.91$
Maritime Life Fidelity True North Seg Fund: 977.07$
Maritime Life Trimark Europlus Seg Fund: 598.36$
Great-West – various: 1 753.62$
RBC Canadian Dividend Fund: 520.53$
RBC U.S. Mid-Cap Equity Fund C$: 1 872.41$
RBC Global Resources Fund: 952.32$
RBC O’Shaughnessy International Equity Fund:
608.17$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 053.37$
GIC Canadian Market: 1 000$
TOTAL: 29 439.07$
Social Capital at Desjardins Membership share
for 3 accounts: 40$
Savings + Stocks, units, mutual funds + Tax-free
savings account + RRSP + Online Income
(114.14$):
88 340.15$
[In date of April 20, 2010]
372.07$
Non registered Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 1 894.40$
Timminco (TIM): 176$
Blue Note Mining (BNT): 48$
Bank of Nova Scotia (BNS): 5 451.60$
Hanwei Energy Services (HE): 114$
Methanex Corporation (MX): 2 524.53$
Fortis (FTS): 2 972.55$
Pembina Pipeline Income Fund (PIF.UN):
7 446.40$
Just Energy Income Fund (JE.UN): 10 134.96$
Dumont Nickel Inc. (DNI): 460$
Yellow Pages Income Fund (YLO.UN):
2 871.09$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 614$
Pengrowth Energy Trust (PGF.UN): 1 207.34$
Enbridge Income Fund (ENF.UN): 4 057.56$
Corby Distilleries Limited (CDL.A): 1 575$
Davis + Henderson Income Fund (DHF.UN):
1 797$
Premium Brands Holdings Corporation (PBH):
2 880$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 052$
Cash: 100.93$
TOTAL: 49 377.36$
Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 833.59$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 052$
Sprott Canadian Equity Fund: 5 090.23$
Cash: 21.69$
TOTAL: 8 997.51$
RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 2 052$
EnCana Corporation (ECA): 3 177$
Emera Incorporated (EMA): 4 904$
Cash: 259.15$
CIBC Dividend Growth Fund: 509.37$
CIBC Emerging Markets Index Fund: 447.06$
CIBC Monthly Income Fund: 981.28$
Energy and Base Metals Term Savings (Indexed term savings): 546.25$
Natural Resources Term Savings (Indexed term
savings): 502.06$
GIC National Bank: 1 170$
GIC Finance Plus: 1 513.97$
GIC Plus: 500$
TD Canadian Bond: 112.60$
TD Monthly Income: 106.92$
TD Emerging Markets: 80.67$
TD Energy: 84.90$
TD Precious Metals: 105.73$
TD Latin American Growth: 94.46$
TD Entertainment & Communications: 107.02$
TD Dividend Growth: 204.30$
TD U.S. Mid-Cap Growth: 102.77$
Maritime Life International Equity Fund
(Templeton): 645.28$
Manulife Simplicity Growth Portfolio: 868.54$
Maritime Life CI Harbour Seg Fund: 1 027.91$
Maritime Life Fidelity True North Seg Fund: 977.07$
Maritime Life Trimark Europlus Seg Fund: 598.36$
Great-West – various: 1 753.62$
RBC Canadian Dividend Fund: 520.53$
RBC U.S. Mid-Cap Equity Fund C$: 1 872.41$
RBC Global Resources Fund: 952.32$
RBC O’Shaughnessy International Equity Fund:
608.17$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 053.37$
GIC Canadian Market: 1 000$
TOTAL: 29 439.07$
Social Capital at Desjardins Membership share
for 3 accounts: 40$
Savings + Stocks, units, mutual funds + Tax-free
savings account + RRSP + Online Income
(114.14$):
88 340.15$
[In date of April 20, 2010]
Thursday, April 22, 2010
My credit card limit increase request had been approved!
Just a few days ago, I had applied for a credit card limit increase of 3 000$ so I can benefit of a credit card balance transfer of 4.9%... Well, the request had been approved. TD Canada Trust is the greatest financial institution in Canada. TD Canada Trust never refused me anything! I have a TD credit line, a TD Visa, a TD RSP credit line… not to mention a broker account. Actually, the only thing missing from my TD package is a TD chequing account. So this is pretty great. I could have get refused because of the current debts I hold. But since my broker account is at TD, they can also see what kind of cash I have invested. I guess it had played in my favor. The Dividend Girl is also… a TD Girl lol…
Just a few months ago, I had applied for a RSP loan at Bank of Scotia and got refused. The reason why? For Bank of Scotia (BNS), I was holding too much for the salary I had. Also, I had basically no cash, only investment. And a branch of Bank of Scotia (BNS) located in Montreal didn’t want to take my stocks portfolio as security, even if I am one of their shareholder. I think things could have worked out better if I would had been better at another branch. So just don’t go visit the branch of Bank of Scotia located on University downtown Montreal because you will just loose your time! Bank of Scotia is not willing to make business with you if you don’t hold cash and hold too much debt.
I am proud of my debts, of my investments and not having cash do not matter to me. Not working full-time had been an issue too… and being fired from BMO Bank of Montreal too lol. Like come on! Bank of Scotia (BNS) need to be more open-mind. I had an awesome credit history, I am rich, and some sick people of Bank of Scotia are saying NO to me?
I had big project for me and Bank of Scotia. I wanted to get the loan, transferred my portfolio over Scotia iTrade…. But since Bank of Scotia REFUSED my loan request, I told myself: f*** off, I stay with TD. From that point, I told myself I was going to stay forever with TD Canada Trust.
I wanted to switch for Scotia iTrade because with a minimum of 50 000$ in portfolio, which I was reaching at the time with the RSP loan, I could had placed trades at 9.99$. It was basically the only reason why I wanted to switch from T D Waterhouse to Scotia iTrade. But it never happens, so I decide to stay with TD. Business is over with Bank of Scotia, as well as BMO Bank of Montreal (BMO) because, as you might already know, BMO Bank of Montreal fired me after 3 months, shortly after giving me a 5 000$ credit line and 4 000$ Mastercard credit card. But shouldn't be surprised, as a New Brunswicker, I had experiment the lack of common sense of Quebeckers. I would have deserved a longer try out period. I was willing to learn and doing my best. My laid off from BMO Bank of Montreal is also a lack of social responsibilities from BMO Bank of Montreal. They had provided me credit, learn about my good credit situation and my investment and than, after giving me 9 000$ value in credit, fired me before my try out period. I could only have lived something like it here in Quebec. Quebec corruption is not only about wanted to be a country of their own, it’s about also their local MBA holders, thinking they are good and have it, to apply their own rules, thinking maybe I was going to get hurt, thinking maybe my spirit would get kill. But you have to follow my own rules. And BMO Bank of Montreal won’t be forgiven from my end.
And hopefully, I will reach 90 000$ in assets sometime this summer.
Just a few months ago, I had applied for a RSP loan at Bank of Scotia and got refused. The reason why? For Bank of Scotia (BNS), I was holding too much for the salary I had. Also, I had basically no cash, only investment. And a branch of Bank of Scotia (BNS) located in Montreal didn’t want to take my stocks portfolio as security, even if I am one of their shareholder. I think things could have worked out better if I would had been better at another branch. So just don’t go visit the branch of Bank of Scotia located on University downtown Montreal because you will just loose your time! Bank of Scotia is not willing to make business with you if you don’t hold cash and hold too much debt.
I am proud of my debts, of my investments and not having cash do not matter to me. Not working full-time had been an issue too… and being fired from BMO Bank of Montreal too lol. Like come on! Bank of Scotia (BNS) need to be more open-mind. I had an awesome credit history, I am rich, and some sick people of Bank of Scotia are saying NO to me?
I had big project for me and Bank of Scotia. I wanted to get the loan, transferred my portfolio over Scotia iTrade…. But since Bank of Scotia REFUSED my loan request, I told myself: f*** off, I stay with TD. From that point, I told myself I was going to stay forever with TD Canada Trust.
I wanted to switch for Scotia iTrade because with a minimum of 50 000$ in portfolio, which I was reaching at the time with the RSP loan, I could had placed trades at 9.99$. It was basically the only reason why I wanted to switch from T D Waterhouse to Scotia iTrade. But it never happens, so I decide to stay with TD. Business is over with Bank of Scotia, as well as BMO Bank of Montreal (BMO) because, as you might already know, BMO Bank of Montreal fired me after 3 months, shortly after giving me a 5 000$ credit line and 4 000$ Mastercard credit card. But shouldn't be surprised, as a New Brunswicker, I had experiment the lack of common sense of Quebeckers. I would have deserved a longer try out period. I was willing to learn and doing my best. My laid off from BMO Bank of Montreal is also a lack of social responsibilities from BMO Bank of Montreal. They had provided me credit, learn about my good credit situation and my investment and than, after giving me 9 000$ value in credit, fired me before my try out period. I could only have lived something like it here in Quebec. Quebec corruption is not only about wanted to be a country of their own, it’s about also their local MBA holders, thinking they are good and have it, to apply their own rules, thinking maybe I was going to get hurt, thinking maybe my spirit would get kill. But you have to follow my own rules. And BMO Bank of Montreal won’t be forgiven from my end.
And hopefully, I will reach 90 000$ in assets sometime this summer.
Tuesday, April 20, 2010
Surprise… I am now at 88 340.15$
Today had been a long day even if I finish work early. I goanna try to catch up in my hours tomorrow. I did some boring stuff that need to be done like paying on my credit card because I had exceed the limit, picking up my mail, calling my Internet provider to change my credit card (with all of their special interest credit card balance offer, my TD Visa is FULL), calling BMO InvestorLine to close my account. Yep, I had transferred everything I own to another broker, but that didn’t close the account immediately. So I did all those. And as always, trying to reach someone at BMO InvestorLine was almost mission impossible. I do not lie, it took me 30 minutes because being able to talk to someone! Way so much better at T D Waterhouse! You can really feel the difference. So those were for the majors of the day… Pretty boring isn’t? But now the best is to come…
I am now at a magical 88 340.15$ in assets
I am now at a magical 88 340.15$ in assets
I update my investment portfolio today because I knew, by the way it was looking, that this was our day: I had exceeded the 88 000$ in assets! Currently, our overall investment portfolio is at 88 340.15$. Yeah! Like I work so hard for it, I am happy to be a bit closer to my goal. The 100 000$ is just around the corner!
Real positive gains today with Just Energy Income Fund (JE.UN) who had announced a new acquisition. Just Energy had reached 14$ during the day, but close at 13.96$. Not bad, way to go Energy! Also, we had to remember that we are not in the gas season now so its pretty fantastic that Just Energy had been able to reach 14$ during the day today. Just Energy Income Fund (JE.UN) is one of my favorite.
Sprott Inc. (SII) is still under 4$ while the company had announced a new fund, seem to be interesting, it’s the Sprott Private Credit Fund. The fund will be manage with the participation of Third Eye Capital Management Inc. Just great news for stocks holder of Sprott Inc. (SII).
1.99% interest rate offer on credit card balance transfer from MBNA
Also today, believe it or not, in the mail was waiting for me a happy surprise… a 1.99% interest rate on credit card balance transfer for one year…. The same one that is using The Rat for his 25 000$ leverage project! I was shocked when I open the letter. It has my name on it and my address. I had been targeted, I don’t know how, but may I be bless to have receive such offer… can you believe 1.99% for one year! Too bad I didn’t go pick up my mail earlier because I already apply for a credit card limit increase at TD. But 1.99% for a full year is such a terrific offer. I going to apply and we’ll see what happen. I guess my credit card is not bad at all if I had been targeted. I think I had been target through RBC Royal Bank. Why? With BMO Bank of Montreal, TD Canada Trust and all other I have my residential address. With RBC Royal Bank, my postal box. And I had received the terrific letter at my postal box, so I guess RBC is doing telemarketing for MBNA credit card. But who care? I just wanna this offer! So this was the second good news of the day. I am the credit card godness queen. I LOVE credit card transfer balance and their low interest.
I have multiple debts for close to 40 000$. It was my own choice to borrow money on credit card balance transfer and on credit lines, but I don’t regret my choice.
Here what I would like to pay off using a credit card balance transfer:
-Credit line: 4 840$ at 3.5% =
169.40$ in annual interest
- Credit line: 5 000$ at 8% =
400$ in annual interest
Credit card balance transfer: 5 000$ at 4.9% =
245$ in annual interest
Credit card balance transfer: 4 359.02$ at 3.9% =
170$ in annual interest
TOTAL OF DEBTS: 19 199.02$
Total in interest rate: 984.40$
I would like to get a 20 000$ credit card, so I can benefit of the 1.99% offer for 1 year for those debts. This way, I could save 602.34$ in interest money! Knowing myself, I know I might be tempted to use the money to invest more in Just Energy and other… But no matter what’s going to happen, a 1.99% interest rate is a good opportunity.
Dividend news
Also today, I had received the dividend of Pengrowth Energy Trust (PGF.UN), 7.42$. Last week or so, I had received the dividend from Premium Brands Holdings Corporation (PBH). I was going to call T D Waterhouse because the dividend didn’t DRIP, but I run out of time. And just by checking the Premium Brands Holdings Corporation (PBH) Web site, I see that the DRIP had been suspended. This is really sad because the DRIP system can be quite powerful. I could had earned around 4 new stocks of Premium Brands if only the DRIP would had been still on going… I currently have 100$ in cash in my broker account, whch I am not use to have. That money will help to make the minimum payment on my credit line. I would just have 50$ of my own to pay on the credit line.
Government cheque
I had received my federal checked of 130$. No more excuses for not doing exercice with that money, I can purchase a new pair of running shoes. Current pair tighting my feet too much when I exercice on a long period of time. Outch! So I am going to climb the Mont-Royal right to the top. Check me out.
So lot of extraordinary things happen today. I am feeling lucky, gonna have to purchase a lottery ticket.
My stock investment portfolio in date of April 18, 2010
Savings:
372.07$
Non registered Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 1 935.36$
Timminco (TIM): 176$
Blue Note Mining (BNT): 50$
Bank of Nova Scotia (BNS): 5 432.70$
Hanwei Energy Services (HE): 102$
Methanex Corporation (MX): 9 786.48$
Fortis (FTS): 2 915.85$
Pembina Pipeline Income Fund (PIF.UN):
7 338.24$
Just Energy Income Fund (JE.UN): 9 786.48$
Dumont Nickel Inc. (DNI): 460$
Yellow Pages Income Fund (YLO.UN):
2 805.54$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 597$
Pengrowth Energy Trust (PGF.UN): 1 202.04$
Enbridge Income Fund (ENF.UN): 4 085.10$
Corby Distilleries Limited (CDL.A): 1 570$
Davis + Henderson Income Fund (DHF.UN):
1 790$
Premium Brands Holdings Corporation (PBH):
2 864$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 040$
Cash: 93.51$
TOTAL: 48 767.32$
Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 759.05$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 040$
Sprott Canadian Equity Fund: 5 312.73$
Cash: 21.69$
TOTAL: 9 133.47$
RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 2 050$
EnCana Corporation (ECA): 3 147$
Emera Incorporated (EMA): 4 880$
Cash: 259.15$
CIBC Dividend Growth Fund: 506.94$
CIBC Emerging Markets Index Fund: 452.54$
CIBC Monthly Income Fund: 977.62$
Energy and Base Metals Term Savings (Indexed term savings): 546.25$
Natural Resources Term Savings (Indexed term
savings): 502.06$
GIC National Bank: 1 170$
GIC Finance Plus: 1 513.97$
GIC Plus: 500$
TD Canadian Bond: 109.71$
TD Monthly Income: 101.81$
TD Emerging Markets: 81.60$
TD Energy: 82.39$
TD Precious Metals: 106.74$
TD Latin American Growth: 95.44$
TD Entertainment & Communications: 107.58$
TD Dividend Growth: 201.76$
TD U.S. Mid-Cap Growth: 103.53$
Maritime Life International Equity Fund
(Templeton): 651.15$
Manulife Simplicity Growth Portfolio: 869.85$
Maritime Life CI Harbour Seg Fund: 1 025.17$
Maritime Life Fidelity True North Seg Fund: 973.84$
Maritime Life Trimark Europlus Seg Fund: 602.97$
Great West - Various: 1 704.96$
RBC Canadian Dividend Fund: 510.39$
RBC U.S. Mid-Cap Equity Fund C$: 1 878.53$
RBC Global Resources Fund: 955.47$
RBC O’Shaughnessy International Equity Fund:
605.43$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 021.90$
GIC Canadian Market: 1 000$
TOTAL: 29 295.75$
Social Capital at Desjardins Membership share
for 3 accounts: 40$
Savings + Stocks, units, mutual funds + Tax-free
savings account + RRSP + Online Income
(112.57$):
87 721.18$
[In date of April 18, 2010]
372.07$
Non registered Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 1 935.36$
Timminco (TIM): 176$
Blue Note Mining (BNT): 50$
Bank of Nova Scotia (BNS): 5 432.70$
Hanwei Energy Services (HE): 102$
Methanex Corporation (MX): 9 786.48$
Fortis (FTS): 2 915.85$
Pembina Pipeline Income Fund (PIF.UN):
7 338.24$
Just Energy Income Fund (JE.UN): 9 786.48$
Dumont Nickel Inc. (DNI): 460$
Yellow Pages Income Fund (YLO.UN):
2 805.54$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 597$
Pengrowth Energy Trust (PGF.UN): 1 202.04$
Enbridge Income Fund (ENF.UN): 4 085.10$
Corby Distilleries Limited (CDL.A): 1 570$
Davis + Henderson Income Fund (DHF.UN):
1 790$
Premium Brands Holdings Corporation (PBH):
2 864$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 040$
Cash: 93.51$
TOTAL: 48 767.32$
Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 759.05$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 040$
Sprott Canadian Equity Fund: 5 312.73$
Cash: 21.69$
TOTAL: 9 133.47$
RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 2 050$
EnCana Corporation (ECA): 3 147$
Emera Incorporated (EMA): 4 880$
Cash: 259.15$
CIBC Dividend Growth Fund: 506.94$
CIBC Emerging Markets Index Fund: 452.54$
CIBC Monthly Income Fund: 977.62$
Energy and Base Metals Term Savings (Indexed term savings): 546.25$
Natural Resources Term Savings (Indexed term
savings): 502.06$
GIC National Bank: 1 170$
GIC Finance Plus: 1 513.97$
GIC Plus: 500$
TD Canadian Bond: 109.71$
TD Monthly Income: 101.81$
TD Emerging Markets: 81.60$
TD Energy: 82.39$
TD Precious Metals: 106.74$
TD Latin American Growth: 95.44$
TD Entertainment & Communications: 107.58$
TD Dividend Growth: 201.76$
TD U.S. Mid-Cap Growth: 103.53$
Maritime Life International Equity Fund
(Templeton): 651.15$
Manulife Simplicity Growth Portfolio: 869.85$
Maritime Life CI Harbour Seg Fund: 1 025.17$
Maritime Life Fidelity True North Seg Fund: 973.84$
Maritime Life Trimark Europlus Seg Fund: 602.97$
Great West - Various: 1 704.96$
RBC Canadian Dividend Fund: 510.39$
RBC U.S. Mid-Cap Equity Fund C$: 1 878.53$
RBC Global Resources Fund: 955.47$
RBC O’Shaughnessy International Equity Fund:
605.43$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 021.90$
GIC Canadian Market: 1 000$
TOTAL: 29 295.75$
Social Capital at Desjardins Membership share
for 3 accounts: 40$
Savings + Stocks, units, mutual funds + Tax-free
savings account + RRSP + Online Income
(112.57$):
87 721.18$
[In date of April 18, 2010]
Monday, April 19, 2010
Lovely gains today for my everything
I like to end a day of work like this: coming home early, starting my laptop, log-in to my online broker account and… discover fantastic gain in my investment portfolio!
My non registered stocks & units portfolio is up of 182.60$. My TFSA portfolio is up of 78.40$. And my RSP stocks portfolio is up of 26$. This mark a 287$ gain today only – and this is only counting one part of my portfolio. I won’t update it again as I just did it yesterday. The gains made are small but interesting, knowing that those were gains made between yesterday and today… 287$ is more than I do in just a day of work! I am quite happy with my portfolio right now. The gains were not spectacular today at the TSX, but I prefer little gains to major ones. Little gains seem to be just more stables. Since the big stock crash of somewhere in 2008, the TSX is everything but not stable. I can definitely talk about it! The road had been rough for our mutual fund investments. But among the way, with a well diversified portfolio, everything is possible and I have to say, I have achieve my everything today.
So what happen today that I got a juicy boost in value? Well, even if they refused my RSP loan this year, Bank of Scotia (BNS) is in good business. The stock value had raised to the 52$. So you can imagine the positive effect on my portfolio as I own 105 stocks of that marvelous. Also, Yellow Pages Income Fund (YLO.UN) is at an extraordinary 6.53$. Those were 2 of our major investment portfolio boosters!
Sprott Inc. (SII) still under 4$ per unit and Just Energy Income Fund (JE.UN) again at less than 14$ per unit. Once those 2 will go up again, gains will be just spectacular. My non registered stocks and units investment portfolio could than worth close to the 50 000$ alone!
I finally complete my credit card limit request. I will learn more about it within 2 business days.
Other Internet projects among the way, a new Web site idea I wrote about previously… well, it’s still on going. My only problem is discipline. That’s the main reason why I wasn’t able to launch the project yet. I had been too busy counting and re-counting my money.
My non registered stocks & units portfolio is up of 182.60$. My TFSA portfolio is up of 78.40$. And my RSP stocks portfolio is up of 26$. This mark a 287$ gain today only – and this is only counting one part of my portfolio. I won’t update it again as I just did it yesterday. The gains made are small but interesting, knowing that those were gains made between yesterday and today… 287$ is more than I do in just a day of work! I am quite happy with my portfolio right now. The gains were not spectacular today at the TSX, but I prefer little gains to major ones. Little gains seem to be just more stables. Since the big stock crash of somewhere in 2008, the TSX is everything but not stable. I can definitely talk about it! The road had been rough for our mutual fund investments. But among the way, with a well diversified portfolio, everything is possible and I have to say, I have achieve my everything today.
So what happen today that I got a juicy boost in value? Well, even if they refused my RSP loan this year, Bank of Scotia (BNS) is in good business. The stock value had raised to the 52$. So you can imagine the positive effect on my portfolio as I own 105 stocks of that marvelous. Also, Yellow Pages Income Fund (YLO.UN) is at an extraordinary 6.53$. Those were 2 of our major investment portfolio boosters!
Sprott Inc. (SII) still under 4$ per unit and Just Energy Income Fund (JE.UN) again at less than 14$ per unit. Once those 2 will go up again, gains will be just spectacular. My non registered stocks and units investment portfolio could than worth close to the 50 000$ alone!
I finally complete my credit card limit request. I will learn more about it within 2 business days.
Other Internet projects among the way, a new Web site idea I wrote about previously… well, it’s still on going. My only problem is discipline. That’s the main reason why I wasn’t able to launch the project yet. I had been too busy counting and re-counting my money.
Sunday, April 18, 2010
I am now at 87 721.18$
I was very curious to see how much my value was now after my latest investment in 200 units of The Consumers’ Waterheater Income Fund (CWI.UN).
On date of April 18, 2010, I am at a healthy 87 721.18$, a lost of 74.94$ compare to April 5 but still, just a 74.94$ in losses is not that of a deal on a +80 000$ investment portfolio. Believe me, once Sprott Inc. (SII) will me over 4$ and when Just Energy Income Fund (JE.UN) will be over 14$ per unit just like it use to me, my portfolio will be than at more than 88 000$. And luckily, when I will make my next investment this upcoming June, the value of my portfolio may be reach 90 000$. In June, I plan to invest in 100 stocks of Corby Distilleries Limited (CDL.A), for a value of around 1 600$. Here how it could be in June:
88 000$ + an extra increase of 400$ of my portfolio + 1 600$
= 90 000$
I could possibly hit the 90 000$ in assets in June, but it will all depend of the stock market condition. So far, things are doing great. I am already at 909.92$ in dividend earning for 2010. Looking forward to have a lot more in dividend earning by the end of 2010. Cash just continue to flow. And the cash flow delivers some extra stocks and units among the way, which is even better that just cash alone.
If I could make an extra 1 000$ per month for the period of May-August 2010, I could reach my first 100 000.00$ in assets right on time for my 30th birthday, which is coming at the end of August. Interesting… My at this time, I am kind of use to my routine and stuff and job searching is not really what I want… but I guess I will think about this one in the upcoming days. Many times I wrote that I will job searching… But even with my current situation, I am doing relatively fine. And when I see where I am in my portfolio goal right now, well, I am kind of wow! I am just at a point where all this money enough for me. But shouldn’t I just shake up and go for more? Yes in a way, no in another way. Like right now, I have a lot of free time to do just whatever I want to do, counting my money or doing anything else lol…. But the possibility is there, I have to PUSH myself.
30 years old, 100 000.00$ in assets, 37 000$ in debts lol, what about that? The sooner the better because once my 100 000$ will be reach, I told myself I would be working at paying debts.
Everything is just so easy... or almost :0)
On date of April 18, 2010, I am at a healthy 87 721.18$, a lost of 74.94$ compare to April 5 but still, just a 74.94$ in losses is not that of a deal on a +80 000$ investment portfolio. Believe me, once Sprott Inc. (SII) will me over 4$ and when Just Energy Income Fund (JE.UN) will be over 14$ per unit just like it use to me, my portfolio will be than at more than 88 000$. And luckily, when I will make my next investment this upcoming June, the value of my portfolio may be reach 90 000$. In June, I plan to invest in 100 stocks of Corby Distilleries Limited (CDL.A), for a value of around 1 600$. Here how it could be in June:
88 000$ + an extra increase of 400$ of my portfolio + 1 600$
= 90 000$
I could possibly hit the 90 000$ in assets in June, but it will all depend of the stock market condition. So far, things are doing great. I am already at 909.92$ in dividend earning for 2010. Looking forward to have a lot more in dividend earning by the end of 2010. Cash just continue to flow. And the cash flow delivers some extra stocks and units among the way, which is even better that just cash alone.
If I could make an extra 1 000$ per month for the period of May-August 2010, I could reach my first 100 000.00$ in assets right on time for my 30th birthday, which is coming at the end of August. Interesting… My at this time, I am kind of use to my routine and stuff and job searching is not really what I want… but I guess I will think about this one in the upcoming days. Many times I wrote that I will job searching… But even with my current situation, I am doing relatively fine. And when I see where I am in my portfolio goal right now, well, I am kind of wow! I am just at a point where all this money enough for me. But shouldn’t I just shake up and go for more? Yes in a way, no in another way. Like right now, I have a lot of free time to do just whatever I want to do, counting my money or doing anything else lol…. But the possibility is there, I have to PUSH myself.
30 years old, 100 000.00$ in assets, 37 000$ in debts lol, what about that? The sooner the better because once my 100 000$ will be reach, I told myself I would be working at paying debts.
Everything is just so easy... or almost :0)
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