Summer is coming and crazy things happening in my portfolio

Like always when I come back from work, I took at look at my portfolio… and I had a huge surprised! But I have no clue of what is going on!

Because it’s all about money

Let’s begin by the good stuff, my initial 1 000$ investment with Creststreet Alternative Energy Fund now worth 1 102$ in date of today! I really like this mutual fund. Money, crazy money. This fund is going to make me rich. The only thing I want right now is to invest an extra 1000$ in this fund RIGHT NOW lol.

Now, about the crazy stuff…

I knew that Energy Savings Income Fund (SIF.UN) was changing of name for Just Energy Income Fund (JE.UN). That part, I knew it. But what I didn’t know about is the crazy thing it will make later on in my portfolio… Check it out. When I say crazy, it’s crazy!

Here is what I have in my portfolio regarding the late Energy Savings Income Fund (SIF.UN) and the new Just Energy Income Fund (JE.UN):

ENERGY SVGS INCM FND T/U* - 200 -2 449,00$ - 2 236,00$
JUST ENERGY INCM FND T/U 400 4 898,00$ 4 456,00$

I had 200 units of SIF.UN and now, I have 400 units of JE.UN. Shouldn’t it be 200 units and not 400 units?

But hey, I am not going to complain about it and I won’t even call TD Waterhouse about it either because 400 units of Just Energy Income Fund (JE.UN) will provide me, for a year, 494.40$ in dividend income. So I won’t complaint about it lol…. But still, a mistake might have been done somewhere. Originally, I only had 200 units of Energy Savings Income Fund (SIF.UN) and now, from the exact same company who now has a different name, I now own 400 units… No sense! But thank you TD Waterhouse, thank you!

I now have 400 units of Just Energy Income Fund (JE.UN) and if it happens that 200 of those units go away from my account some day, well, I am going to cry lol. And after what I will definitely call TD Waterhouse. Do not touch my portfolio!

Isn’t awesome?

About my dividend income goal

This is s good for me, since I had fix myself that 2 000$ in dividend income by the end of the summer!

Let’s calculate our dividend income:

Bank of Nova Scotia (BNS) 102 stocks
[1.96$ annual dividend]: 199.92$

Fortis (FTS) 101 stocks
[1.04$ annual dividend]: 105.04$

Livingston International Income Fund (LIV.UN) 102 stocks
[0.504$ annual dividend (but suspension of the dividend]: 17$ (total received so far from LIV.UN)

Methanex Corporation (MX) 102 stocks
[0.7975$ annual dividend]: 81.35$

Sprott Asset Management (SII) 500 stocks
[0.10$ annual dividend + 0.15$ special dividend]: 50$ + 75$: 125$

Pengrowth Energy Trust (PGF.UN) 525 stocks
[1.20$ annual dividend]: 622.80$

Pembina Pipeline Income Fund (PIF.UN) 101 stocks
[1.56$ annual dividend]: 157.56$

Just Energy Income Fund (JE.UN) 400 units
[1.24$ annual dividend]: 494.40$

TOTAL: 1 803.07$

I am only missing 196.93$ to reach my 2 000$ annual dividend earning income! I will just need to invest in 100 unit of Bell Aliant Regional Communications Income Fund (BA.UN) instead of 200 units like it was initially plan. This is the perfect situation for me, especially at this time, since its summer. I didn’t even begin my job search for a day-time job…

I am now at 45 882.92$ value!

I am so happy! Earlier this week, I calculates the overall value of my investment, and it’s now worth 45 882.92$! Which mean I am only missing 4 117.08$ to reach my first 50 000$! I am so close to my goal right now! It will be super great if I could reach 50 000$ by the end of the summer. Thanks for the TSX, I was able to gain some money I had lost.

The wonderful Creststreet Alternative Energy Fund is now up to 1090$. My portfolio also gains a valuable jump. It’s hard to believe I almost there. This should help me and keep me motivate. I had a lot to do but I didn’t move forward in any of my projects so far this week. I blog a little, go to work and it’s about all. I was planning to search for a day-time job, but I didn’t perform any job searching yet. I am just not into it at all.

Gain today, I wake too late, and it’s ruin all of my day because the only time left is barely enough just to write this post, eat lunch-breakfast, take my shower and run to work. Life is such a cruelty... the weather had been awesome since yesterday in Montreal! I have to be a bit more alert. Tomorrow, I have to wake up early and do some of my stuff, if not job searching.

Hanwei Energy Services is an Energy Rock!

I was really pleased yesterday as the TSX jump to more than 10 500 points! Last week, I received the 2008 Hanwei Energy Services Annual Report and Notice of Annual General Meeting of Shareholders.

While being at work, I began to read the 2008 Annual Report of Hanwei Energy Services. I like Hanwei Energy Services from the start, since I read about the company in The Investor 500, special issue, summer 2008 of Canadian Business.

The Letter to Shareholders of Fulai Lang, Chairman & CEO of Hanwei Energy Services begin like this: "2008 was a remarkable, historic period. In a 12-month span, we saw energy prices retreat from historic highs to multi-year lows as the global financial crisis wreaked havoc in the capital and commodity markets worldwide. While these reversals caused many companies to retrench or delay their business plans, Hanwei successfully advanced, reporting profitable top line performance and significant growth from all three operating segments."

Those are very good news for Hanwei shareholders like me. I own 300 stocks of Hanwei Energy Services. I am very glade to have those 300 stocks in my portfolio. Hanwei has activities in China: “In China, our primary market, energy demand is projected to continue its strong growth to a point when China will surpass the USA as the world’s largest consumer of energy.” But could it be the case? Could China surpass the USA in term of energy demand? It’s not that difficult to imagine, but when it will happen, Canada government will have to do much more for the environment. And not only Canada, but all countries of the world. But seem like China government is aware of the situation because according to Fulai Lang, the Chinese government is promoting green energy and had invested, in other, in wind energy with Hanwei Energy Services.

One of the reason I like Hanwei Energy Services is because the company is doing business in the green energy sector.

With all those great news surrounding Hanwei Energy Services, I wouldn’t be surprised to see Hanwei Energy Services stocks rise to… 2$ per stock lol. Funny… But see, HE value is currently of 1.75$ per stock. I believe that as soon as Hanwei Energy Services will declare more growth, there will be a point where the value of its stock may jump to 2$ and let’s wish it, even more.

Thining about green energy investment in my portfolio, we find Methanex and Creststreet Alternative Energy Fund. In the future, I am looking forward to earn more stocks of companies being involved, like Hanwei Energy Services, in the wind power and green energy sector. A lot of money can be done in those fields. You want to verify by yourself? Just check out the fantastic result of Creststreet Alternative Energy Fund. The 1 000$ I invest not even one year ago now worth 1 084$! Just incredible!

Hanwei Energy Services Fulai Lang Chairman closes its letter with those powerful worlds: “our future is very bright”.

Beautiful letter!

Another week begins… and I am officially a day-time job seeker!

I will begin my job search tomorrow. I had been talking about job searching for weeks! Now that June is in, I am officially beginning my job search. I don’t know which direction to take. I will probably begin by looking into regular job postings and if I cannot find from there, I will just begin to send my resume all over the place. It’s going to be fun lol. Somehow, I am quite exciting about it. Another job more money and more money mean Bell Aliant Regional Communications Income Fund (BA.UN) in my portfolio!

Time run out fast soo quickly. Just earlier today, I was feeling lost. I was thinking of all I have to do and I was feeling desperate. I begin to write down the things I need to do and I felt much better after that. I realize I didn’t have that much to do. I promise myself to not push too much on myself. If not, it’s in those times I begin to feel anxious and way too much tired. I can handle working at 3 different jobs at the same time, but I cannot handle blogging on my different blogs and be working at 3 jobs at the same time…

Anyway, I actually do not that much things to do. Just regular stuff that I wanted to do. I should probably have been done with all those before beginning my official job hunting period. But sometimes, it’s good to take a rest and do just whatever. And I had been through that “whatever” period. Done and completed.

The weather was again quitted cold today in Montreal. Too bad I didn’t have a great weather for my last free-time week.

My portfolio at Great-West Life

At one of my late job (I no longer work there anymore) we had a Group Retirement & Saving Plans. The employer contributes to it, and as an employee we also had to invest in the program, even if we didn’t want to lol.

The value of my portfolio in date of March 31 is of 1 451.71$. The value of my Great-West Life portfolio in date of January 2009 was of 1 471.95$. Since that time, I lost 20.24$. When I first pick my mutual funds, I didn’t know too much about investments.

My Great-West Life portfolio largely includes fix income. I do not regret the choice; it’s actually giving a bit of stability to my overall portfolio (stocks, units and all other included).

Let’s check out this other awesome portfolio of mine.

My Great-West Life portfolio:

Leith Wheeler Canadian Equity: 207.30$ (14.3%)
Bissett Small Cap Fund: 161.43$ (11.1%)
Trimark Candian Bond Fund: 442.06$ (30.4%)
McLean Budden Fixed Income Fund: 182.58$ (12.6%)
TD Canadian Bond Index: 275.94$ (19%)
London Life Mortgage (LC): 92.58$ (6.4%)
GWL Investment Management Ltd. (GWLIM) Real Estate Fund: 89.82$ (6.2%)

TOTAL: 1 451.71$

It’s all about dividend income now

About my Livingston International Income Fund (LIV.UN) dividend

Just yesterday, I had received 4.28$ in Livingston International Income Fund (LIV.UN) dividend. The amount was unfortunately not enough to purchase even 1 unit of LIV.UN. I transfer the little money as payment on my credit line. I won’t receive any more LIV.UN dividend for quite a while now that Livingston International Income Fund had announced a temporary suspension of their distribution. Very sad. But while LIV.UN is cutting its dividend, some other companies of my portfolio continue to pay dividend. And they are, among other…

And also Sprott Asset Management (SII)!

Just today, I had received 12.50$ in dividend from Sprott Asset Management (SII)! It’s make an extra 12.50$ I can transfer as payment of my credit line. And I truly need it. The dividend had been deposit in my account in date of June 1, but I already received the dividend on date of today in my account. Strange!

And for Fortis?

For the month of May, I taught I was supposed to receive some Fortis (FTS) dividend, but I didn’t received anything so far coming from Fortis. Maybe I done a mistake in the distribution date, it’s something I have to verify. Or call TD Waterhouse lol…

Waiting for Energy Savings Income Fund (SIF.UN) dividend

The only dividend earning that is currently missing from my portfolio for the month of May is the one coming from my “investment rock”, Energy Savings Income Fund (SIF.UN).

This week, SIF.UN had announced their name change. I find this name change useless because I really like the name Energy Savings Income Fund. Starting June 1, SIF.UN will become Just Energy Income Fund. I don’t like the new name at all. Energy Savings was much more classy. Just Energy sounds like a cheap product name. I just hate it! As a unitholder of Energy Savings Income Fund, I would have like to vote their name change. And of course, I will have vote against it. Instead of changing of name, SIF.UN should have changed the look of their Web site if they wanted just to have some change. I just don’t like their Web site at all.

And about other things

And talking about investment and dividend, this week was officially my last week of free time. It’s been very cold in Montreal this last week and it was not the perfect weather for outdoor activities like I wanted to do. I pass enormous time blogging, trying to make money online. I also work at my 2 jobs like usual. I am doing quite fine. The TSX had close for the month of May at more than 10 000 points. On Monday, I will begin like plan my job search. I will probably have less time to spend on my different blogs, but it’s not about what is the most important thing at this time. Right now, I would very much like to add 200 units of BA.UN to my portfolio. I think I will be able to make it by the end of the summer if only I can find myself a day-time job. I am just hoping everything will turn out for the best.

If am not being successful at making money online, at least, I want to be able to reach my dividend goal which is to reach 2 000$ in dividend earning income by the end of this summer.

I am kind of exciting by my upcoming job search and I cannot wait to see what will happen.

Thinking about Derek Foster

I had been thinking about Derek Foster lately. Fact is, because he had sale big part of his portfolio a couple of months ago, taxes are going to be horrible for him next year! I just hope he won’t have to pay out too much in taxes. I had so much trouble with my own taxes this year. I am quite happy to have this behind me now.

I remember my reading of Stop Working. In his first book, Derek Foster, somewhere in his introduction, talked about things he would like to do rather than working. One thing was about building Web site, another one to do the military training, among other. Now that he had sold out biggest part of his investment, I wonder what Derek Foster is now doing, if he had joined the military or what else lol.

Derek Foster should start a blog of its own and applied Google AdSense ads into it. Wouldn’t be cool lol?

My upcoming projects

It’s officially my last week of free-time and I there’s so much I want to do! Time is running too fast! I won’t be able to do it all in one week! Knowing this, I came with a taught... why not keeping things the way they are and just enjoy the summer time? How about that lol?

It’s a decision I will take at the end of this week. But I already have the answer in my head. I am not too much into money with the beautiful summer that’s coming ahead. I never really took the time to enjoy my summer those last years and having from the morning until 3 in the afternoon won’t be too great for my portfolio, but it could make a difference in my life, just to do whatever for 3 months during weekly daytime. It was so lovely today in Montreal! It was the perfect weather! I was working, as soon as I arrived from work, I clean my place. I did my laundry. And my tinny little apartment is now spin and clean. It’s a lot better know and I am feeling much better too lol.

But I still have so many things to do and it’s so annoying because the only thing I want to do when I am currently not working at one of my 2 jobs is well, to write on my blogs! Life can be that distractive!

One of my goal is to reach 2 000$ in dividend earnings by the end of the summer

I believe I might have talk about this before. I fix myself a goal to reach 2000$ in dividend earnings for the whole year by the end of the summer. The crazy girl that I am is going to make it happen even if, probably, I won’t be working during day-time this summer lol.

How I plan to make it happen

Here’s the plan. I already have 1 590.92$ plan in dividend earnings. I am only missing 409.08$ in order to reach my 2 000$ goal.

As next investment, I was thinking about Bell Aliant Regional Communications Income Fund (BA.UN). Unfortunately, Bell Aliant Regional Communications Income Fund is expensive. I would need at least 200 units of BA.UN and I will probably around 5 500$ to make the investment. I do not have any cash available at this time. I can save let say 1 100$ per month. At the end of the summer, it will be around 3 300$ top I will be able to save; it’s about all, without day-time job.

I was thinking as back-up Pembina Pipeline Income Fund (PIF.UN), but I will probably need at least 4 500$ I believe in order to do the investment. It will be 300 units of PIF.UN. At TD Waterhouse, units can only be purchase by 100 at a time, from what I understand.

I have just a little savings in ING Direct, not even 300$. I might withdraw it, but it won’t be enough. So now, what do I do?

At this time, the conclusion will be: I really need a day-time job lol!!!!

But since I didn’t decide yet, I modify the goal: instead of the month of August, I am giving myself until the month of October…

Whenever my 2 000$ dividend income will be reach, I set myself another goal.

200$ per month in dividend earnings

This one is heavy business. I had been thinking about this goal for a little while now. In order to reach 200$ per month, in a year, I need 2 400$. Once my 2 000$ dividend earning will be completed, I will only be missing 400$ in order to receive 200$ per month in free cash… 200$ is valuable money knowing that my cost of living is quite low.

I am really into this whole dividend deal!

And not to forget about my 2009 RRSP

Busy time! Summer is not yet over yet that I am already thinking about my 2009 RRSP… My goal for this one is to invest as much as possible into my RRSP once the 200$ per month in dividend earning goal will be reach.

For the taxes of 2009, I really want to pay very little extra taxes.

I have other investments rocks in my portfolio

I decide to do other things than blogging since this upcoming week since it’s going to be officially my last week without having a day-time job. I decide to do stuff I wanted to do for a long time, like to do some shopping, borrow books at the library, open a broker account with i-trade (I will get back to this one), going to take a walk in the Old Montreal and go swimming! I have no clue where to find the closest interior swimming pool of my area…

After feeling so much back pain, I decide it was time to get some exercise. I am basically in front of a computer maybe 14 hours – even more per day. Thinking about it, it’s very horrible! This evening, I didn’t exercise that much, but I went see a movie, Angels & Demons, very good, beautiful images. And as always, Tom Hanks is at his best.

This last Friday, I was able to see my team leader at my evening job. I am working full-time next week. There’s been a mistake in the work schedule. Bunch of people like myself actually had the same problem. But seems like my problem is resolved now and I am going to be able to fully enjoy my last week of free time.

I have still have a lot to do… My place is a big wholly mess right now lol. Since I had try very hard to make money with my different blogs, I didn’t spend to much time on cleaning. But get a time when cleaning is needed. I won’t be able to stand it too much longer. About my blogs, the funniest of call is title International Organization of Prepaid Workers, which I find completely hilarious. Another one is Advertisement for Blogs, Happy and Simple Living and, of course, The 200 Project Blogs, among other. I really had a lot of fun with all of those multiple blogs. But the key to become a successful blogger – or should I say what I believe can push and drive someone to become a successful blogging is too post regularly and one day, the blog become fully searchable. One idea I have as a next post for The 200 Project Blogs talk about the difficulty of being searchable on Google.

The Energy Savings Income Fund (SIF.UN) had been included in my portfolio since May 8. I said about Energy Savings Income Fund that it’s being considered as being an “investment rock” by its chief. Since I invest in 200 units, the unit didn’t gain any value. But this course, do no effect my perception of SIF.UN – I just like to rising the value of my investments.

Talking about my investments, I had received my Pengrowth Energy Trust (PGF.UN) dividend for the month of May this last Friday. I had received 51.90$ in Pengrowth Energy Trust dividend. I now officially hold 525 units of PGF.UN. Which I really like. I just hope there will be no dividend cut coming from PGF.UN. They already reduce their dividend to 1.20$. But still, per month, I make 51.90$ – and even more since I DRIP – from the investment and I really like it! I just hope it will turn out for the best for me because I really work hard for my money. I accept the risk – but still, I want to be able to earn some money and earning dividend is one of the best thing that have ever happen for me in years! I just had to learn about stocks and units and voilà, I am a beautiful and rich young woman lol. And I all own it to the very marvelous Derek Foster. Except for my beauty lol.

Other great news about my investments

My fantastic Creststreet Alternative Energy Fund is up to 1084$! I like this fund! Isn’t cool to make money like that just from one investment? Creststreet Alternative Energy Fund had giving me faith on the value of investing again.

Pembina Pipeline Income Fund (PIF.UN) is slowly growing in my portfolio. The value of my Pembina Pipeline Income Fund units had increased from a couple of dollars. I cannot tell how as I cannot log in – again – to my TD Waterhouse broker account. I can actually access to my account, but I cannot visualize my investments.

I do not recommend TD Waterhouse to anyone! Both system and customer service are total craps! Distushting! I am paying 29$ per transaction and I got some system error problem. But like this is not being enough, I am being asked to call than… If problem persist, please call… I don’t have time to call! I am a blogger! Of course, I have sometimes received good customer service from TD Waterhouse. But not being able to access to my account whenever I want is unacceptable!

Let’s move on. Next…

Regarding upcoming dividends that I am supposed to received in May

I taught I was supposed to receive Fortis dividend earlier this month. But I didn’t receive anything yet. Next should be 4.28$ coming from Livingston International Income Fund (LIV.UN) and also 20.66$ from Energy Savings Income Fund (SIF.UN).

Unfortunately for me, it’s going to be the last time I will be earning some money from Livingston International Income Fund as the company had announced a suspension of their dividends for the next couple of months.

Those could be seemed as ridiculous amount of money – and actually it is – but knowing that those are the amount of my dividend earnings, it’s just not the same thing. This is powerful money!

What's going on?

Yesterday at my evening job, I took a look at my schedule, like I do for every week even if I work on a regular 16 to midnight basis. For next week, I am only schedule for Monday, from 16 to midnight. Seem like for next week, I will only be working 4 days! It’s going to be very rough on my budget if it’s the case. I was so shock by the news that I felt a heavy pain on my lower back. It was horrible. I am still having back pain at this time, but it’s not so bad. But still!

We are very busy right now with the calls. Just yesterday, calls didn’t stop from 16 to midnight. There’s no reason why my hours should be cut like that.

But the situation is not desperate yet. Maybe it’s a mistake on my schedule. I was not able to very as my team leader was not on duty yesterday. But he is in today, I left a not at his desk and I am going to see him at 4PM. I just hope it’s going to be ok.

For the month of June, I am going to be ok. I will be able to pay off all of my expenses. But problems could begin to show up in July. If I am only working on Monday next will, I will begin my job search this weekend. And for June, I might just do the minimum payment on everything, credit card and so on. Also, I had all those blogging projects I wanted to work on. I was supposed to be job searching only in June. In the meantime, I was supposed to be taking a rest and working at my blogs. All of my plans seem to be broken.

I am facing a very difficult situation right now. Cannot wait for 4PM…