On how are doing my little things

I am almost done with the stuff I needed. Just a couple of things left and I will be done. Probably on Monday. I could have been done today, but it was raining extremely hard last night and I couldn’t sleep. And of course, I sleep in late again.

On Monday, I have to renew my driver license (yeah, I have one lol) and my health card. After what I will need to subscribe to the insurance program that’s been giving by my employer. At first, I didn’t want to subscribe because they are taking around 15$ per pay check for it. But I was told by the accountant that did my taxes for 2008 that it might be better if I subscribe, it will make less to pay for the Quebec health insurance at the end of the year. Those of the biggest last 3 things I need to do. I plan to wake up early on Monday evening to have those done.

After what, I will be job searching. I didn’t do any job searching this week. I had been quite busy. I also had that little investment project going on.

At first, I wanted to invest 500$ extra in the Creststreet Alternative Energy Fund, but unfortunately, at TD Waterhouse, all extra investment of Creststreet Alternative Energy Fund is of 1 000$. At Creststreet Alternative Energy Fund it self, it’s actually possible to invest as little as 100$ per extra investment. I don’t really see myself an account with Creststreet Alternative Energy Fund just for 500$.

Anyway, I came with this other idea; to purchase 80 000 stocks at 0.005 of Blue Note Mining (BN.H-V) and sale them at 1 cent. This is possible. But I really need to purchase Blue Note Mining at 0.005 and not at 1 cent. If I purchase BN.H at 1 cent, the project won’t be successful. Generally these days, Blue Note Mining value had varied between 0.005 and 1 cent. The project is realizable, but it could take time. I would like an extra 400$ in my pocket as I would like new sandals for the summer and other stuff.

A quick way to make money: Blue Note Mining still rock!

Here’s the plan: I had place an order to purchase 80 000 stocks at 0.005 cent of Blue Note Mining (BN.H) now from the TSX Venture. Today the price had varied from 0.005 cent to 0.01 cent. I had place my order at 11:49AM (I wake up late again – but I shouldn’t).

The investment by itself, 80 000 stocks of Blue Note Mining at 0.005 cent is of 400$. The commission for the trade is of 29$. For a total of 429$. I plan to sale as soon as possible the 80 000 stocks at 0.01 cent, for a value of 800$. 829$ (800$ investment value + 29$ commission for the trade) – 429$ = a nice profit of 400$.

I am doing this just for the fun of it to see if I can possibly make money by trading.

It’s now 12:48pm, I call 2 times TD Waterhouse lol, and my order had not been executed still.

Stay tune.

I had lost 14 826.18$ from my investments

I stay up late yesterday as I was feeling anxious. For a reason or another, I really wanted to calculate my overall lost. I had a happy surprised to see that I was only loosing 14 826.18$. Yes, 14 826.18$ represent a lot of money, especially knowing that I work at several jobs (up to 3 lol) at the same time and so on, but – there’s a but – knowing also that I am not a specialist when it come to investment, I could had lost much more than 14 826.18$ in my investment journey.

My portfolio:

Savings: ING Direct:
Around 30$

Non RRSP Investments:

Stocks
Sprott Inc. (SII): 2 245$ (value in date (VID) of June 2, 2009)

Initial investment value (IIV): 4 925$
-2 680$

Timminco (TIM): 322$ (VID June 2, 2009)

IIV: 4 065$
-3 743$

Blue Note Mining (BN): 120$ (VID June 2, 2009)

IIV: 689$
-569$

Bank of Nova Scotia (BNS): 4 064.70$ (VID June 2, 2009)

IIV: 4 572.71$
-508.01$

Hanwei Energy Services (HE): 525$ (VID June 2, 2009)

IIV: 674$
-149$

Methanex Corporation (MX): 1 407.60$ (VID June 2, 2009)

IIV: 1 612.61$
-205.01$

Fortis (FTS): 2 459.35$ (VID June 2, 2009)

IIV: 2 548.36$
-89.01$

Pengrowth Energy Trust (PGF.UN): 4 961.25$ (VID June 2, 2009)

IIV: 5 171.43$
-210.18$

Livingston International Income Fund (LIV.UN): 477.36$ (VID June 2, 2009)

IIV: 635.97$
-158.61$

Pembina Pipeline Income Fund (PIF.UN): 1 458.44$ (VID June 2, 2009)

IIV: 1 241.70$
+ 216.74$

Just Energy Income Fund: 2 218$ (VID June 2, 2009)

IIV: 2 460.01$
-242.01$

TOTAL: 20 258.70$ (VID June 2, 2009)

IIV: -8 337.09$

Mutual funds

Sprott Canadian Equity Fund: 4 269$ (VID June 2, 2009)

IIV: 7 033.50$
-2 764.50$

Desjardins Fidelity True North Fund: 1 031.86$ (VID June 2, 2009)

IIV: 1 000$
+31.86$

TOTAL: 5 300.86$
IIV: -2 732.64$

Tax-free savings account

RBC O'Shaughnessy Canadian Equity Fund: 2 162.88$ (VID June 2, 2009)

IIV: 3 000$
-837.12$

Creststreet Alternative Energy Fund: 1 090$ (VID June 2, 2009)

IIV: 1 000$
+90$

TOTAL: 3 252.88$
IIV: -747.11$

RRSP:

CIBC Dividend Fund: 438.85$ (VID June 2, 2009)

IIV: 500$
-61.15$

CIBC Emerging Markets Index Fund: 404.35$ (VID June 2, 2009)

IIV: 500$
-95.65$

CIBC Monthly Income Fund: 856.24$ (VID June 2, 2009)

IIV: 1 000$
-143.76$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$ (VID June 2, 2009)

IIV: 500$
+ 3.46$

Natural Resources Term Savings (Indexed term savings): 502.06$ (VID June 2, 2009)

IIV: 500$
+2.06$

GIC National Bank: 1 001.82$ (VID June 2, 2009)

IIV: 1 000$
+ 1.82$

GIC Finance Plus: 1 513.97$ (VID June 2, 2009)

IIV: 1 000$
+ 513.97

GIC Plus: 500$ (VID June 2, 2009)

IIV: 500$

TD Canadian Bond: 104.96$ (VID June 2, 2009)

IIV: 105.75
-0.79$

TD Monthly Income: 89.78$ (VID June 2, 2009)

IIV: 102.69
-12.91$

TD Emerging Markets: 68.69$ (VID June 2, 2009)

IIV: 100$
-31.31$

TD Energy: 77.90$ (VID June 2, 2009)

IIV: 100$
-22.10$

TD Precious Metals: 83.06$ (VID June 2, 2009)

IIV: 100$
-16.94$

TD Latin American Growth: 75.34$ (VID June 2, 2009)

IIV: 100$
-24.66$

TD Entertainment & Communications: 80.73$ (VID June 2, 2009)

IIV: 100$
-19.27$

TD Dividend Growth: 167.67$ (VID June 2, 2009)

IIV: 204.73$
-37.06$

TD U.S. Mid-Cap Growth: 82.60$ (VID June 2, 2009)

IIV: 100$
-17.40$

Maritime Life International Equity Fund (Templeton): 586.16$ (VID June 2, 2009)
IIV: 1 000$
-413.84$

Manulife Simplicity Growth Portfolio: 756.18$ (VID June 2, 2009)
IIV: 1 000$
-243.82$

Maritime Life CI Harbour Seg Fund: 932.65$ (VID June 2, 2009)

IIV: 1 000$
-67.35$

Maritime Life Fidelity True North Seg Fund: 881.76$ (VID June 2, 2009)

IIV: 1 000$
-118.24$

Maritime Life Trimark Europlus Seg Fund: 527.38$ (VID June 2, 2009)

IIV: 1 000$
-472.62$

Great West - Various: 1 451.71$ (VID June 2, 2009)

IIV: 1 471.95$
-20.24$

RBC Canadian Dividend Fund: 443.26$ (VID June 2, 2009)

IIV: 500$
-56.74$

RBC U.S. Mid-Cap Equity Fund C$: 1 560.55$ (VID June 2, 2009)

IIV: 2 300$
-739.45$

RBC Global Resources Fund: 692.55$ (VID June 2, 2009)

IIV: 1 000$
-307.45$

RBC O'Shaughnessy International Equity Fund: 557.10$ (VID June 2, 2009)

IIV: 1 000$
-442.90$

RBC O'Shaughnessy All-Canadian Equity Fund: 805$ (VID June 2, 2009)

IIV: 1 000$
-195$

GIC Canadian Market: 1 000$ (VID June 2, 2009)

IIV: 1 000$

TOTAL: 16 766.02$
IIV: -3 039.34$

Savings + Stocks, units, mutual funds + Tax-free savings account + RRSP:

45 882.92$ [In date of June 2, 2009]
-14 826.18$

I calculated my overall lost in capital for my portfolio. In total, I had lost 14826.18$. I had lost 8 337.09$ in my stocks portfolio alone. I had lost 3 039.34$ from my RRSP portfolio. And I had lost -747.11$ from my Tax-free savings account.

If I calculate the current value of my portfolio (45 882.92$) and the money lost (14826.18), it make a total of 60 709.10$.

Should I just had invested the 60709.10$ in GIC and other related product instead than investing massively into stocks or other? Even with the 14 826.18$ that had been lost, I don’t think so.

I am not ashamed to come up with all that money lost and I do not regret investing major part of my savings in stocks or other.

So far, it’s been a learning experience and I plan to continue the same way as I am doing right now. My biggest losers in my stocks portfolio are: Timminco (TIM) with -3 743$; Sprott Canadian Equity Fund with -2 764.50$; Sprott Inc. (SII) with -2 680$; RBC O’Shaughnessy Canadian Equity Fund with -837.12$ and Blue Note Mining (BN) -569$.

The money lost is not being truly lost until I sell my investments. I will only be able to officially declare 14 856.18$ in money lost when I will sale the investments. That time is not going to happen anytime soon.

But there’s hope…

I know I talk a lot about Creststreet Alternative Energy Fund, but as a small investor, I cannot help it! By checking their Web site, I learn that extra parts are only of 100$!!! I already have 1 000$ invested in the Creststreet Alternative Energy Fund, but in a CELI account. At this time, I would like to invest just a 300$ for now outside CELI account, just for the fun of it, to keep the dream alive…

What’s going with Sprott Inc. (SII)?

For a while, I was using Sprott Asset Management (SII), but it’s only Sprott Inc. (SII). Yesterday, I notice that Spott Inc. stocks had fallen under 4$. These days, the stock value had been between 4$ to 4.50$ if not a bit higher.

At first, I taught it was because one of the managers of Sprott Asset Management, Jean-François Tardif, had announced his retirement for beginning July. Jean-François Tardif was a manager of Sprott hedge fund. Extraordinary hedge fund, but it take at least 100 000$ to invest in it… I just cannot understand how a successful manager can aspire to retirement.

Anyway, it was kind of a short notice for investors and I don’t know if some investors had began to sale their mutual funds they had with Sprott Asset Management because of that leaving. It could be one of the reasons, but it’s not all. I just learn that Sprott Inc. had sold out some Timminco (TIM) stocks. Good start. But Eric Sprott had confirmed, from what I understand, that he still own 12% of Timminco stocks. That enormous!

It’s very sad, but Timminco is no longer in position to rock the TSX. Having a huge number of TIM stocks in the Sprott Canadian Equity Fund that I invest 7 000$ in cannot help the fund to return for a recovery.

Example: during the darkest days of the recession, my Desjardins Fidelity True North Fund fallen to 700$ or even less. Now, the investment is at 1 031.86$. I was able to gain even money from the recovery. I actually make a profit of 31.86$ on Desjardins Fidelity True North. This is just an example I have of an investment of mine where I have regained the money lost. I am expecting the same thing to happen with Sprott Canadian Equity Fund and all of my other mutual funds.

But I am far of the same result with Sprott Canadian Equity Fund. The manager of the fund needs to shake up the overall portfolio. As an investor (small but still an investors), I am expecting a recovery for the Sprott Canadian Equity Fund. And I don’t think Timminco will become what it had once had been, a powerful company of the TSX.

Initially, its 7 033.50$ I had invested in the Sprott Canadian Equity Fund, just before the TSX begin to fall close to the ground lol. Curently (in date of June 2, 2009) the value of the investment is at 4 269$. Not bad, but I had lost 2 764.50$ and no recovery yet.

I received Fortis and Just Energy Income Fund Dividends

On today, I had received 26.26$ in Fortis (FTS) Dividend. The Dividend allow be to acquire one Fortis stock. I also received today the dividend of Just Energy Income Fund (JE.UN). I received 20.67$ from JE.UN and the dividend gave me one extra unit. I now own 102 stocks of Fortis and 201 units of Just Energy Income Fund.

In total, it make 46.93$ that I earn in dividend for today... Slowly getting rich ;)

What had to happen happen…

I just check out again the activity of my broker account, and some new change happen on date to today. The extra 200 units I hold from Just Energy Income Trust (JE.UN) will soon disappear from my account. Let’s consider that I am now at the point where I should be, I now have 200 units and not 400 units of Just Energy Income Trust… No big deal. As soon as I will have more money, I will be able to invest in more stocks or units.

I wake up late this morning. I didn’t stay all night on my computer but the sleep was good. But I just don’t want to sleep late every morning like a lazy girl. Only thing I have time to do today are my hair. I need to dye my hair. And tomorrow, I am looking for a hair cut.

Another week begin and I am now seriously job searching

Job survey nightmare

It was horrible at work today. I got a dude who answers my entire questionnaire. It went find but he was complaining about fact that I had to slow down and that he had problems to understand me. For all other respondent that I interview in English, it went extremely well. But just that one, it was very bad. Some English speakers are not respectful. I do not care about my English because I am French. But I blog in English because it’s to practice my English.. Is that clear enough? lol

Anyway, call end that the poor guy ask for my name and the company number. Which I had to provide because the call had been recorded… I cannot wait to see if I am going to get feedback on that one.

Job searching for the better or the worst

In 2 days from now, I plan to send resume and begin my job search at a café that I very like. As long as I remember, I always had been able to find work when I start my job search at that place. Before, I didn’t have Internet at home and each time I was job searching at that café, I got good result.

Lazy me

But in the meantime, same problem remain, I didn’t do any of the stuff I needed to do, so let’s say I am basically at the same point as before. But I guess this time was needed for me just to take a break. Now, I do not have any excuses, I need to move forward. And I did tonight by cleaning my place. For a reason or another, my tiny little apartment cannot remain clean at any time. I only clean once or every 2 weeks. Anyway, the cleaning part is done and completed for now.

And just this evening, I complete my vote through the Internet as a shareholder of Hanwei Energy Services (HE) and Just Energy Income Fund (JE.UN).

As for my job search, I already begin it, but I didn’t send any resume yet, as I plan to send them as soon as I will do with everything I need to do. I probably be able to get another and when I will begin working again like before during day-time, it’s going to be hardcore again, as I will be working from 9am to midnight on weekdays and not to forget about my 8 hours shift on Saturday and Sunday. I might be pushing it to far, but I am really working into continuing at investing massively in stocks and to do so, I need more money. But I know I can do it as I was working that way for almost one year when I got laid-off of my day-time job because the project I had been working on had been closed.

I am better beginning a serious job search as soon as possible because at my weekend job, they had announced the lost of a big contract. It could happen that I could be out of work anytime soon from that job.

One thing I need to do as well is to go to bed earlier and not to spend my night on the Internet. It’s going to be rough, but since I want to reach 200$ income per month in dividend earnings by the end of the summer, I guess I will find the courage to just shake me up a bit.

Its official: I now own 400 units of Just Energy Income Fund

Today was a beautiful day in Montreal. I was working from 10am to 6pm. After what, I went for a walk in the Old Montreal. The weather was perfect. I enjoy my evening. Now that I back, I just check my broker account and yes, I still have 400 units of the late Energy Savings Income Fund (SIF.UN), which name recently change for Just Energy Income Fund (JE.UN). Look like I can consider myself like having so far a projecting 1803.07$ in dividend earning (calculate for a year basis). That’s good news!

More about the new Just Energy Income Fund

“Just last week” lol… I received another voting package…. This time, it was concerning the new Just Energy Income Fund. We learn by the Chairman that the new name had previously been tested in the US and had been well view… For myself, as I said, I way prefer Energy Savings. JE.UN had a new Web site! New domain address and brand new looks… It was about time lol! I didn’t like SIF.UN Web site at all.

Upcoming project: seriously job searching

Among my upcoming project, I need to begin my job search. I already begin in this late evening. Tomorrow I work until 8pm, but I plan to totally invest myself in my job searching process starting by tomorrow evening. I cannot wait to see if what I will be able to find. Just please God, not another job as an interviewer ;)

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.