Savings:
2.69$ (ING Direct)
Non RRSP Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 2 282.60$
Timminco (TIM): 250$
Blue Note Mining (BNT): 40$
Bank of Nova Scotia (BNS): 5 009.68$
Hanwei Energy Services (HE): 213$
Methanex Corporation (MX): 2 060$
Fortis (FTS): 2 978.56$
Pembina Pipeline Income Fund (PIF.UN): 7 110.29$
Just Energy Income Fund (JE.UN): 5 848.53$
Dumont Nickel Inc. (DNI): 345$
Yellow Pages Income Fund (YLO.UN): 2 179.80$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 782$
Pengrowth Energy Trust (PGF.UN): 61.62$
Enbridge Income Fund (ENF.UN): 3 960$
Corby Distilleries Limited (CDL.A): 1 540$
TOTAL: 36 661.08$
Mutual funds (outside RRSP)
Sprott Canadian Equity Fund: 4 869.68$
Tax-free savings account
RBC O'Shaughnessy Canadian Equity Fund:
2 593.02$
Creststreet Alternative Energy Fund: 1 179.58$
TOTAL: 3 772.60$
RRSP:
CIBC Dividend Growth Fund: 478.64$
CIBC Emerging Markets Index Fund: 438.04$
CIBC Monthly Income Fund: 948.18$
Energy and Base Metals Term Savings (Indexed term savings): 503.46$
Natural Resources Term Savings (Indexed term
savings): 502.06$
GIC National Bank: 1 154.83$
GIC Finance Plus: 1 513.97$
GIC Plus: 500$
TD Canadian Bond: 109.88$
TD Monthly Income: 96.89$
TD Emerging Markets: 80.15$
TD Energy: 80.66$
TD Precious Metals: 99.97$
TD Latin American Growth: 93.93$
TD Entertainment & Communications: 103.46$
TD Dividend Growth: 187.60$
TD U.S. Mid-Cap Growth: 96.38$
Maritime Life International Equity Fund (Templeton):
662.63$
Manulife Simplicity Growth Portfolio: 842.49$
Maritime Life CI Harbour Seg Fund: 989.32$
Maritime Life Fidelity True North Seg Fund: 941.75$
Maritime Life Trimark Europlus Seg Fund: 604.38$
Great West - Various: 1 577.81$
RBC Canadian Dividend Fund: 484.51$
RBC U.S. Mid-Cap Equity Fund C$: 1 773.14$
RBC Global Resources Fund: 810.32$
RBC O'Shaughnessy International Equity Fund:
617.18$
RBC O'Shaughnessy All-Canadian Equity
Fund: 968.27$
GIC Canadian Market: 1 000$
TOTAL: 18 259.90$
Social Capital at Desjardins Membership share for 3 accounts:
40$
Savings + Stocks, units, mutual funds + Tax-free savings account + RRSP + Online Income (47.06$):
63 653.01$
[In date of December 21, 2009]
Friday, January 1, 2010
Happy New Year, I hate TD Waterhouse
Some messy stuff is going on in my TD Waterhouse account! Look at this! It’s actually what I see under Activity, for the day of December 31, 2009:
Trade Date 31-Dec-2009
31-Dec-2009
Trade Date 31-Dec-2009
31-Dec-2009
-411 JUST ENERGY INCM FND T/U DIV $0.00 $42.47
31-Dec-2009
31-Dec-2009
-411 JUST ENERGY INCM FND T/U DIV $0.00 $42.47
31-Dec-2009
31-Dec-2009
411 JUST ENERGY INCM FND T/U DRIP $0.00 -$42.47
31-Dec-2009
31-Dec-2009
411 JUST ENERGY INCM FND T/U DRIP $0.00 -$42.47
31-Dec-2009
31-Dec-2009
-103 METHANEX CORP DIV $0.00 $16.47
Messy, messy, messy!
Ok, I had received the dividend of Methanex Corporation. That’s cool. 16.47$ I can transfer on my line of credit. Nothing wrong for the last lign who concern Methanex Corporation. My problem is with Just Energy Income Fund (JE.UN).
As always, TD Waterhouse is not doing the work properly! I am just very upset. TD Waterhouse is just adding some of its own shit into my account activity. I don’t know if you can see how frustrating this is! I had received 2 payments of 42.47$ (DIV) for Just Energy Income Fund (JE.UN). And… 2 withdraw of 42.27$ for Just Energy Income Fund (JE.UN). What’s going on? I HATE TD WATERHOUSE! I work 12 hours per day, I do not have time to spend over the phone!
Wow! This is actually pretty releasing!
So now, that I am all release, I am going to call them to see what’s going on! And I will try not to scream too loudly at them, I promise. I have to do quick because I am also expecting special dividend of Just Energy Income Fund (JE.UN) and I want to have everything in DRIP.
Messy, messy, messy!
Ok, I had received the dividend of Methanex Corporation. That’s cool. 16.47$ I can transfer on my line of credit. Nothing wrong for the last lign who concern Methanex Corporation. My problem is with Just Energy Income Fund (JE.UN).
As always, TD Waterhouse is not doing the work properly! I am just very upset. TD Waterhouse is just adding some of its own shit into my account activity. I don’t know if you can see how frustrating this is! I had received 2 payments of 42.47$ (DIV) for Just Energy Income Fund (JE.UN). And… 2 withdraw of 42.27$ for Just Energy Income Fund (JE.UN). What’s going on? I HATE TD WATERHOUSE! I work 12 hours per day, I do not have time to spend over the phone!
Wow! This is actually pretty releasing!
So now, that I am all release, I am going to call them to see what’s going on! And I will try not to scream too loudly at them, I promise. I have to do quick because I am also expecting special dividend of Just Energy Income Fund (JE.UN) and I want to have everything in DRIP.
Saturday, December 26, 2009
Jason Kirby article in the MacClean's magazine about Derek Foster
Boxing Day is tomorrow and I am very excited. I finally be able to maybe shop for a winter boat and new jeans and some perfume from Body Shop and so on. My list is long, but I limit myself at 300$ in spending. While waiting for the fantastic day to come, I wanted to write on a topic that had been disturbing for me so far.
I appreciate Derek Foster 4 books. I went through this article a couple of weeks ago, someone at the name of Jason Kirby write an article in the MacClean. MacClean is a Canadian magazine – well-respected and so on. Well, MacClean’s magazine was a well-respected magazine until November 26, 2009, date where the magazine decided to publish on his Web site an article title “Lessons from the FALL: Some investors escaped unscathed. How did they do it?”. Jason Kirby article describe Derek Foster journey.
First, to answer this article question, I will say that I escaped unscathed from the stock market crash by following Derek Foster tips that he described in his books. I also escaped by respecting my very own believed. I am not financially very literate, but I believe in the stock market and in the power of Barack Obama on the economy worldwide. It’s the reason why I continue, on date of today, to invest and it’s exactly the reason why I didn’t sell my investment just to sell them.
The article “Lessons from the FALL: Some investors escaped unscathed. How did they do it?” of Jason Kirby is really unfair. One great Canadian had decided to share his financial knowledge to other and this is how the community is thanking him: by publishing an awful article in a national magazine. Until November 26, 2009, MacClean had been the voice of Canadian. But MacClean’s magazine is no longer what its use to be. While I was in high school, my English teacher makes us buy the MacClean’s magazine. We were reading MacClean articles in class and so on. But this was a long time ago and as you can understand, MacClean is no longer what it use to be. And as you notice, I need to refresh my English classes lol…
I am not talking for Derek Foster of course, but I would like to answer to some of Jason Kirby quotes, who seem to be pretty illiterate when it comes to Derek Foster work.
Here we go, let’s begin…
“With a net worth of about $1 million, and time on his hands, he turned to writing. And his books, with titles like Stop Working: Here’s How You Can and The Lazy Investor, suggested the path to retirement bliss was alluringly simple. Buy shares in leading companies that pay healthy dividends, he recommended, and hold on to them for the long haul.”
Nothing wrong with this part, Jason Kirby, so far so good. But just one thing: the path to retirement bliss is simple and easy. Sometime, the easiest things to understand are the hardest one to learn and understand. I know it myself, I had to read Derek Foster books multiple times before catching anything out. Maybe should you read them again?
After this part, Jason Kirby is simply loosing himself in the fact that Derek Foster, the buy-and-hold guy had sell all of his portfolio and so on. Well, I have a little something to add regarding this. Stocks had been made to buy and sell. When I set up my broker account at TD Waterhouse, I give TD Waterhouse a call and place this following request: to make it impossible to sell any stocks from my portfolio. At that time, the investment thing was all new for me and I wanted to find a way to protect my portfolio from fraud or from anything that could happen to it. I am a stocks and units collector, and when I am talking about my investment portfolio, I am not joking. The TD Waterhouse representative explains to me that it wasn’t possible to apply such hold in the account. The TD Waterhouse representative continue by saying that if something happen to one of the company I hold, that I might want to sell. Well, I have to say, that “something” unfortunately happens when Pengrowth Energy Trust (PGF.UN): announced a second dividend cut. At that time, I had a dividend income goal. And Pengrowth Energy Trust (PGF.UN): was going to ruin the whole thing. So I sell. And I made a profit out of the sell. It was fantastic. The point of all this is: stocks had been made to sell and buy. It’s an investment basic rule that I learn at the beginning of my stocks adventure.
Jason Kirby article continue with this very awful paragraph:
“If one were looking for lessons from the financial crisis, Foster’s U-turn would seem to offer plenty to chew on. Like don’t get wedded to any particular investing style. Or if you do, don’t panic when things turn rocky. Not that Foster, who just published his fourth book, Stop Working Too: You Still Can!, says any of that applies to him. He insists he didn’t get spooked by the crash, and says that bailing out near the bottom of the market, and then buying back in after the rebound didn’t cause him any grief, or even lose him any money. “I’m not any further ahead or behind where I would have been,” he says, thanks to a side strategy of buying put options, a complicated tool that lets investors bet on falling stock prices. Instead, the number one lesson Foster says he learned from the experience was not to share every investment decision he makes with the public.”
Derek Foster was honest enough to go out publicly with the fact that he had sold his portfolio. Myself when I learn about the even, I was all confused and I didn’t understand what it was all about. But in this investment game, the person who invest and decide to become an investor had to be very confident about him/herself. It’s all about listening to your feeling. I had been successful so for because I had followed my feelings and my feeling was to stick to what Derek Foster was teaching in his books. When I decide to sell my 600 and something units of Pengrowth Energy Trust (PGF.UN) a little while ago, I sell because another dividend distribution cut by Pengrowth Energy Trust (PGF.UN) was disturbing me and I really taught, at that time, that Pengrowth Energy Trust (PGF.UN) was going to loose some great values. So I sell. I sell because I belive in my feelings and like Derek Foster who sell his portfolio because he taught that the whole financial system was going to crash. I was wrong and Derek Foster was wrong too. Finally, Pengrowth Energy Trust (PGF.UN) didn’t loose any of its value, even after the company announced a second dividend cut. The financial system didn’t crash down.
Just to say that investment is a lot about feelings and self-confidence. Derek Foster had a good heart enough to go public with his decisions. The reason why is simple, Derek Foster know for sure that some people are trying to do the same thing as himself when it come to investment. But also, his books are bestsellers, so he had the responsibility to go public with his decision. And this was the right thing to do. Personally, I don’t think Derek Foster regret his move. His honesty will sooner or later pay off. I completely disagree when Jason Kirby say: “(…) the number one lesson Foster says he learned from the experience was not to share every investment decision he makes with the public.”
Actually, Jason Kirby article is all bullshit… lol…
But you didn’t read the most hilarious part:
“For everyone else though, the lesson should be blindingly obvious: don’t listen to anyone who tells you they’ve discovered the path to easy riches and a carefree retirement.”
I am partially blind from the left eye (if I cover my right eye, I can barely see from my left eye, got the picture?) , I don’t know if it’s the reason why I believe in Derek Foster strategy so much, but so far so good. I made enormous profit from my investment by following Derek Foster and I am not done. I am on the road for my first 100 000$.
Derek Foster investment picks are awesome. He is a good stocks picker. Better than Eric Sprott, from whom I only lost money with his Sprott Canadian Equity Fund. So when talking about Derek Foster, better be careful or I will come to the rescue.
Here another little thing coming from Jason Kirby:
“What’s worse, some Canadian investors borrowed heavily to buy stocks, a practice known as margin investing”
I read Derek Foster books over and over again. And guess what? Derek Foster the margin investing in one of his books, but I couldn’t tell which one. See, Derek Foster quotes are print in my heart and I know the content, I just cannot say what belong to which book anymore. But I have to say, Derek Foster clearly warn investor about margin investing. Derek Foster point of view about margin investing is clear: no one should use margin investing to invest in the stocks market. And guess what, I do not use margin investing. It’s too dangerous. If you want to invest, start from the bottom and fly right to the top with your own money. This is working fine for me.
In the second page of his article, first paragraph, Jason Kirby does not write anything about the fact that Derek Foster does not recommend margin investing. You want to know why? Because Jason Kirby is not a well-known journalism. Jason Kirby is not a bestsellers author or a well-known investor. But Derek Foster is. Could it be jealousy? It’s certainly is.
Jason Kirby end his article with this sentence: “Perhaps the best lesson to take from the fall is to simply remember that sooner or later, it will happen all over again. Will you be ready?
My answer to Jason Kirby: don’t worry about it, I WILL BE READY. I AM READY.
So now, time for Jason Kirby to recycle into something else than journalism and for MacClean to close their Web site and stop publishing their magazine. And time for me to take English courses;) And talking about English courses, did you know that Derek Foster had teached English overseas? Its actually how he met his wife. Isn't lovely?
Anyhow, it was about time to show the world the stupidity of MacClean’s magazine toward Derek Foster. But its now thing done.
Tomorrow is the best day of the year, it's Boxing Day and it's going be awesome! Happy Boxing Day! Shopping time!
I appreciate Derek Foster 4 books. I went through this article a couple of weeks ago, someone at the name of Jason Kirby write an article in the MacClean. MacClean is a Canadian magazine – well-respected and so on. Well, MacClean’s magazine was a well-respected magazine until November 26, 2009, date where the magazine decided to publish on his Web site an article title “Lessons from the FALL: Some investors escaped unscathed. How did they do it?”. Jason Kirby article describe Derek Foster journey.
First, to answer this article question, I will say that I escaped unscathed from the stock market crash by following Derek Foster tips that he described in his books. I also escaped by respecting my very own believed. I am not financially very literate, but I believe in the stock market and in the power of Barack Obama on the economy worldwide. It’s the reason why I continue, on date of today, to invest and it’s exactly the reason why I didn’t sell my investment just to sell them.
The article “Lessons from the FALL: Some investors escaped unscathed. How did they do it?” of Jason Kirby is really unfair. One great Canadian had decided to share his financial knowledge to other and this is how the community is thanking him: by publishing an awful article in a national magazine. Until November 26, 2009, MacClean had been the voice of Canadian. But MacClean’s magazine is no longer what its use to be. While I was in high school, my English teacher makes us buy the MacClean’s magazine. We were reading MacClean articles in class and so on. But this was a long time ago and as you can understand, MacClean is no longer what it use to be. And as you notice, I need to refresh my English classes lol…
I am not talking for Derek Foster of course, but I would like to answer to some of Jason Kirby quotes, who seem to be pretty illiterate when it comes to Derek Foster work.
Here we go, let’s begin…
“With a net worth of about $1 million, and time on his hands, he turned to writing. And his books, with titles like Stop Working: Here’s How You Can and The Lazy Investor, suggested the path to retirement bliss was alluringly simple. Buy shares in leading companies that pay healthy dividends, he recommended, and hold on to them for the long haul.”
Nothing wrong with this part, Jason Kirby, so far so good. But just one thing: the path to retirement bliss is simple and easy. Sometime, the easiest things to understand are the hardest one to learn and understand. I know it myself, I had to read Derek Foster books multiple times before catching anything out. Maybe should you read them again?
After this part, Jason Kirby is simply loosing himself in the fact that Derek Foster, the buy-and-hold guy had sell all of his portfolio and so on. Well, I have a little something to add regarding this. Stocks had been made to buy and sell. When I set up my broker account at TD Waterhouse, I give TD Waterhouse a call and place this following request: to make it impossible to sell any stocks from my portfolio. At that time, the investment thing was all new for me and I wanted to find a way to protect my portfolio from fraud or from anything that could happen to it. I am a stocks and units collector, and when I am talking about my investment portfolio, I am not joking. The TD Waterhouse representative explains to me that it wasn’t possible to apply such hold in the account. The TD Waterhouse representative continue by saying that if something happen to one of the company I hold, that I might want to sell. Well, I have to say, that “something” unfortunately happens when Pengrowth Energy Trust (PGF.UN): announced a second dividend cut. At that time, I had a dividend income goal. And Pengrowth Energy Trust (PGF.UN): was going to ruin the whole thing. So I sell. And I made a profit out of the sell. It was fantastic. The point of all this is: stocks had been made to sell and buy. It’s an investment basic rule that I learn at the beginning of my stocks adventure.
Jason Kirby article continue with this very awful paragraph:
“If one were looking for lessons from the financial crisis, Foster’s U-turn would seem to offer plenty to chew on. Like don’t get wedded to any particular investing style. Or if you do, don’t panic when things turn rocky. Not that Foster, who just published his fourth book, Stop Working Too: You Still Can!, says any of that applies to him. He insists he didn’t get spooked by the crash, and says that bailing out near the bottom of the market, and then buying back in after the rebound didn’t cause him any grief, or even lose him any money. “I’m not any further ahead or behind where I would have been,” he says, thanks to a side strategy of buying put options, a complicated tool that lets investors bet on falling stock prices. Instead, the number one lesson Foster says he learned from the experience was not to share every investment decision he makes with the public.”
Derek Foster was honest enough to go out publicly with the fact that he had sold his portfolio. Myself when I learn about the even, I was all confused and I didn’t understand what it was all about. But in this investment game, the person who invest and decide to become an investor had to be very confident about him/herself. It’s all about listening to your feeling. I had been successful so for because I had followed my feelings and my feeling was to stick to what Derek Foster was teaching in his books. When I decide to sell my 600 and something units of Pengrowth Energy Trust (PGF.UN) a little while ago, I sell because another dividend distribution cut by Pengrowth Energy Trust (PGF.UN) was disturbing me and I really taught, at that time, that Pengrowth Energy Trust (PGF.UN) was going to loose some great values. So I sell. I sell because I belive in my feelings and like Derek Foster who sell his portfolio because he taught that the whole financial system was going to crash. I was wrong and Derek Foster was wrong too. Finally, Pengrowth Energy Trust (PGF.UN) didn’t loose any of its value, even after the company announced a second dividend cut. The financial system didn’t crash down.
Just to say that investment is a lot about feelings and self-confidence. Derek Foster had a good heart enough to go public with his decisions. The reason why is simple, Derek Foster know for sure that some people are trying to do the same thing as himself when it come to investment. But also, his books are bestsellers, so he had the responsibility to go public with his decision. And this was the right thing to do. Personally, I don’t think Derek Foster regret his move. His honesty will sooner or later pay off. I completely disagree when Jason Kirby say: “(…) the number one lesson Foster says he learned from the experience was not to share every investment decision he makes with the public.”
Actually, Jason Kirby article is all bullshit… lol…
But you didn’t read the most hilarious part:
“For everyone else though, the lesson should be blindingly obvious: don’t listen to anyone who tells you they’ve discovered the path to easy riches and a carefree retirement.”
I am partially blind from the left eye (if I cover my right eye, I can barely see from my left eye, got the picture?) , I don’t know if it’s the reason why I believe in Derek Foster strategy so much, but so far so good. I made enormous profit from my investment by following Derek Foster and I am not done. I am on the road for my first 100 000$.
Derek Foster investment picks are awesome. He is a good stocks picker. Better than Eric Sprott, from whom I only lost money with his Sprott Canadian Equity Fund. So when talking about Derek Foster, better be careful or I will come to the rescue.
Here another little thing coming from Jason Kirby:
“What’s worse, some Canadian investors borrowed heavily to buy stocks, a practice known as margin investing”
I read Derek Foster books over and over again. And guess what? Derek Foster the margin investing in one of his books, but I couldn’t tell which one. See, Derek Foster quotes are print in my heart and I know the content, I just cannot say what belong to which book anymore. But I have to say, Derek Foster clearly warn investor about margin investing. Derek Foster point of view about margin investing is clear: no one should use margin investing to invest in the stocks market. And guess what, I do not use margin investing. It’s too dangerous. If you want to invest, start from the bottom and fly right to the top with your own money. This is working fine for me.
In the second page of his article, first paragraph, Jason Kirby does not write anything about the fact that Derek Foster does not recommend margin investing. You want to know why? Because Jason Kirby is not a well-known journalism. Jason Kirby is not a bestsellers author or a well-known investor. But Derek Foster is. Could it be jealousy? It’s certainly is.
Jason Kirby end his article with this sentence: “Perhaps the best lesson to take from the fall is to simply remember that sooner or later, it will happen all over again. Will you be ready?
My answer to Jason Kirby: don’t worry about it, I WILL BE READY. I AM READY.
So now, time for Jason Kirby to recycle into something else than journalism and for MacClean to close their Web site and stop publishing their magazine. And time for me to take English courses;) And talking about English courses, did you know that Derek Foster had teached English overseas? Its actually how he met his wife. Isn't lovely?
Anyhow, it was about time to show the world the stupidity of MacClean’s magazine toward Derek Foster. But its now thing done.
Tomorrow is the best day of the year, it's Boxing Day and it's going be awesome! Happy Boxing Day! Shopping time!
Friday, December 25, 2009
Investment made easy and… sexy
Or about my strategy to reach the 100 000$ in assets for 2010
Forget about pals with MBA… I am a middle class worker with basically no education lol and I am proud of it. And guess what – my prediction for 2010: I will definitely reach the 100 000$ in assets. If you fully want to understand how, you better read this post. It contains valuable information on how I plan to do it.
I decide I wouldn’t let my chance to reach the 100 000$ in assets for 2010 run away! At first, reaching the 100 000$ can seen as an impossible goal. But it’s not. This 100 000$ is truly achievable because I had been thinking the whole thing from different angles and no matter from which angles I take, I have to confess, I do not see any restriction or any reason why I couldn’t reach the 100 000$ in assets in 2010. So why not? Let’s do it!
Here is the plan:
In date of December 5th, 2009. I own 63 653.01$ in fabulous assets. And in date of December 25, I own even more, because the TSX had gain significant points on December 24, my stocks and units investment portfolio alone had gain 348.91$. Isn’t sexy gains?
Back on December 5th, the value of my stocks and units portfolio alone was of 36 661.08$. On date of December 25th, the value of the same portfolio is of 37 009.99$. I am taking those gains as Christmas gifts.
Currently, the overall value of my entire portfolio might be around 64 200$.
100 000$ - 64 200$ = 35 800$
I am missing 35 800$ in order to reach my goal. Got the picture? But wait…
Between January 2010 and March 2010, I plan to save 2 000$ per month for my RRSP:
2 000$ x 3 = 6 000$
35 800$ - 6 000$ = 29 800$
In 2010, I will probably earn 3 000$ from dividend distributions of my current portfolio:
29 800$ - 3 000$ = 26 800$
I have 9 months, the period covering April 2010 to December 2010 to add 26 800$ to my portfolio. This represents the amount of 2 977.78$ per month for 9 months… Quite a lot of money. My top contribution can be of 2 000$ per month. This mean that I will be probably missing 8 800.02$ to reach my goal. But… Since my portfolio is diversified, I am expecting a grow of my portfolio of around 8% for the year 2010:
64 200$ x 8% = 5 136$
8 800.02$ - 5 136$ = 3 664.02$
I will be missing 3 664.02$ to make it happen. But…
During the year 2010, I will earn new dividend from my new investments. And I like to believe that the amount of those new dividends will be of 3 664.02$ or that the interest grow of my entire investment portfolio will be more than 8%...
There’s nothing sure about this 100 000$ goal of mine. I definitely need a good market situation, I need to keep working at my 2 jobs and if not, looking for a third source of incomes. I do not really care of what it will take me. But 2010 will be the year of the 100 000$. Believe it or not. I had to let everyone know about this.
Forget about pals with MBA… I am a middle class worker with basically no education lol and I am proud of it. And guess what – my prediction for 2010: I will definitely reach the 100 000$ in assets. If you fully want to understand how, you better read this post. It contains valuable information on how I plan to do it.
I decide I wouldn’t let my chance to reach the 100 000$ in assets for 2010 run away! At first, reaching the 100 000$ can seen as an impossible goal. But it’s not. This 100 000$ is truly achievable because I had been thinking the whole thing from different angles and no matter from which angles I take, I have to confess, I do not see any restriction or any reason why I couldn’t reach the 100 000$ in assets in 2010. So why not? Let’s do it!
Here is the plan:
In date of December 5th, 2009. I own 63 653.01$ in fabulous assets. And in date of December 25, I own even more, because the TSX had gain significant points on December 24, my stocks and units investment portfolio alone had gain 348.91$. Isn’t sexy gains?
Back on December 5th, the value of my stocks and units portfolio alone was of 36 661.08$. On date of December 25th, the value of the same portfolio is of 37 009.99$. I am taking those gains as Christmas gifts.
Currently, the overall value of my entire portfolio might be around 64 200$.
100 000$ - 64 200$ = 35 800$
I am missing 35 800$ in order to reach my goal. Got the picture? But wait…
Between January 2010 and March 2010, I plan to save 2 000$ per month for my RRSP:
2 000$ x 3 = 6 000$
35 800$ - 6 000$ = 29 800$
In 2010, I will probably earn 3 000$ from dividend distributions of my current portfolio:
29 800$ - 3 000$ = 26 800$
I have 9 months, the period covering April 2010 to December 2010 to add 26 800$ to my portfolio. This represents the amount of 2 977.78$ per month for 9 months… Quite a lot of money. My top contribution can be of 2 000$ per month. This mean that I will be probably missing 8 800.02$ to reach my goal. But… Since my portfolio is diversified, I am expecting a grow of my portfolio of around 8% for the year 2010:
64 200$ x 8% = 5 136$
8 800.02$ - 5 136$ = 3 664.02$
I will be missing 3 664.02$ to make it happen. But…
During the year 2010, I will earn new dividend from my new investments. And I like to believe that the amount of those new dividends will be of 3 664.02$ or that the interest grow of my entire investment portfolio will be more than 8%...
There’s nothing sure about this 100 000$ goal of mine. I definitely need a good market situation, I need to keep working at my 2 jobs and if not, looking for a third source of incomes. I do not really care of what it will take me. But 2010 will be the year of the 100 000$. Believe it or not. I had to let everyone know about this.
Thursday, December 24, 2009
My Bell Aliant Regional Communications Income Fund (BA.UN) dividend
I received my Bell Aliant Regional Communications Income Fund (BA.UN) dividend on date of December 15, but I just notice the transaction today. I had received 24.15$, no DRIP from this one as Bell Aliant Regional Communications Income Fund (BA.UN) value is currently close to 28$ per share. So guess what I did – I transfer the little amount over my TD credit line and I am pretty happy about it.
Currently, my stocks and units investment portfolio is at 36 748$, which is an increase of…. 86.92$ compare to December 21. Hot good news.
Currently, my stocks and units investment portfolio is at 36 748$, which is an increase of…. 86.92$ compare to December 21. Hot good news.
Monday, December 21, 2009
I am now at 63 653.01$ with my overall investment portfolio
Fantastic result today for my investment porfolio! For the first time ever, what I own at TD Waterhourse currently reach more than 40 000$. Not so bad, knowing I still hold bad invesment. The overall initial value investment was making a total of 46 856.17$.
I could sell, of course, but if I sell, I screw up all of my chances to get over those losses one day. And we are talking of an amount of around 6 000$ in loses.
I am very proud of my investment in Enbridge Income Fund (ENF.UN). Not too long ago, I purchase 300 units of Enbridge Income Fund (ENF.UN) at the price of 11.95$ per unit. Currently, each of the Enbridge Income Fund (ENF.UN) worth 13.20$... I make a profit of 375$ in a matter of just a few days. Let’s say the timing was good. I am just hoping things will continue like this.
Believe it or not… I made a profit of 5$ today by purchasing 100 stocks of Corby Distilleries Limited (CDL.A) at 15.35$. Corby Distilleries Limited (CDL.A) close the day at 15.40$. Small, but still rewarding profit… I am that good :)
I guess this purchase close my 2009 investment adventure as I need to keep some money in or my rent and other… Hope 2010 will be the wilder, sexier and hottest and most profitable year of all. Will I reach the 100 000$ in assets in 2010?
Who really knows, anything could happen.
Derek Foster had to come with new investment ideas. That's all.
Stay tune… lol
I could sell, of course, but if I sell, I screw up all of my chances to get over those losses one day. And we are talking of an amount of around 6 000$ in loses.
I am very proud of my investment in Enbridge Income Fund (ENF.UN). Not too long ago, I purchase 300 units of Enbridge Income Fund (ENF.UN) at the price of 11.95$ per unit. Currently, each of the Enbridge Income Fund (ENF.UN) worth 13.20$... I make a profit of 375$ in a matter of just a few days. Let’s say the timing was good. I am just hoping things will continue like this.
Believe it or not… I made a profit of 5$ today by purchasing 100 stocks of Corby Distilleries Limited (CDL.A) at 15.35$. Corby Distilleries Limited (CDL.A) close the day at 15.40$. Small, but still rewarding profit… I am that good :)
I guess this purchase close my 2009 investment adventure as I need to keep some money in or my rent and other… Hope 2010 will be the wilder, sexier and hottest and most profitable year of all. Will I reach the 100 000$ in assets in 2010?
Who really knows, anything could happen.
Derek Foster had to come with new investment ideas. That's all.
Stay tune… lol
My investment portfolio in date of December 5, 2009
Savings:
2.69$ (ING Direct)
Non RRSP Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 2 424$
Timminco (TIM): 278$
Blue Note Mining (BNT): 50$
Bank of Nova Scotia (BNS): 5 050$
Hanwei Energy Services (HE): 183$
Methanex Corporation (MX): 2 095$
Fortis (FTS): 2 753$
Pembina Pipeline Income Fund (PIF.UN): 6 767$
Just Energy Income Fund (JE.UN): 5 328$
Dumont Nickel Inc. (DNI): 345$
Yellow Pages Income Fund (YLO.UN): 2 141$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 675$
Pengrowth Energy Trust (PGF.UN): 58$
Enbridge Income Fund (ENF.UN): 3 750$
TOTAL: 33 898$
Mutual funds (outside RRSP)
Sprott Canadian Equity Fund: 5 079$
Tax-free savings account
RBC O'Shaughnessy Canadian Equity Fund:
2 509.14$
Creststreet Alternative Energy Fund: 1 154$
TOTAL: 3 663.14$
RRSP:
CIBC Dividend Growth Fund: 477.29$
CIBC Emerging Markets Index Fund: 475.33$
CIBC Monthly Income Fund: 950.53$
Energy and Base Metals Term Savings (Indexed term savings): 503.46$
Natural Resources Term Savings (Indexed term
savings): 502.06$
GIC National Bank: 1 154.83$
GIC Finance Plus: 1 513.97$
GIC Plus: 500$
TD Canadian Bond: 111.45$
TD Monthly Income: 99$
TD Emerging Markets: 83.21$
TD Energy: 79.89$
TD Precious Metals: 106.24$
TD Latin American Growth: 98.97$
TD Entertainment & Communications: 101.73$
TD Dividend Growth: 187.60$
TD U.S. Mid-Cap Growth: 93.40$
Maritime Life International Equity Fund (Templeton):
676.58$
Manulife Simplicity Growth Portfolio: 839.19$
Maritime Life CI Harbour Seg Fund: 1 001.81$
Maritime Life Fidelity True North Seg Fund: 940.64$
Maritime Life Trimark Europlus Seg Fund: 722.60$
Great West - Various: 1 577.81$
RBC Canadian Dividend Fund: 481.96$
RBC U.S. Mid-Cap Equity Fund C$: 1 708.71$
RBC Global Resources Fund: 795.81$
RBC O'Shaughnessy International Equity Fund:
647.66$
RBC O'Shaughnessy All-Canadian Equity
Fund: 935.70$
GIC Canadian Market: 1 000$
TOTAL: 18 367.43$
Social Capital at Desjardins Membership share for 3 accounts:
40$2.69$ (ING Direct)
Non RRSP Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 2 424$
Timminco (TIM): 278$
Blue Note Mining (BNT): 50$
Bank of Nova Scotia (BNS): 5 050$
Hanwei Energy Services (HE): 183$
Methanex Corporation (MX): 2 095$
Fortis (FTS): 2 753$
Pembina Pipeline Income Fund (PIF.UN): 6 767$
Just Energy Income Fund (JE.UN): 5 328$
Dumont Nickel Inc. (DNI): 345$
Yellow Pages Income Fund (YLO.UN): 2 141$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 675$
Pengrowth Energy Trust (PGF.UN): 58$
Enbridge Income Fund (ENF.UN): 3 750$
TOTAL: 33 898$
Mutual funds (outside RRSP)
Sprott Canadian Equity Fund: 5 079$
Tax-free savings account
RBC O'Shaughnessy Canadian Equity Fund:
2 509.14$
Creststreet Alternative Energy Fund: 1 154$
TOTAL: 3 663.14$
RRSP:
CIBC Dividend Growth Fund: 477.29$
CIBC Emerging Markets Index Fund: 475.33$
CIBC Monthly Income Fund: 950.53$
Energy and Base Metals Term Savings (Indexed term savings): 503.46$
Natural Resources Term Savings (Indexed term
savings): 502.06$
GIC National Bank: 1 154.83$
GIC Finance Plus: 1 513.97$
GIC Plus: 500$
TD Canadian Bond: 111.45$
TD Monthly Income: 99$
TD Emerging Markets: 83.21$
TD Energy: 79.89$
TD Precious Metals: 106.24$
TD Latin American Growth: 98.97$
TD Entertainment & Communications: 101.73$
TD Dividend Growth: 187.60$
TD U.S. Mid-Cap Growth: 93.40$
Maritime Life International Equity Fund (Templeton):
676.58$
Manulife Simplicity Growth Portfolio: 839.19$
Maritime Life CI Harbour Seg Fund: 1 001.81$
Maritime Life Fidelity True North Seg Fund: 940.64$
Maritime Life Trimark Europlus Seg Fund: 722.60$
Great West - Various: 1 577.81$
RBC Canadian Dividend Fund: 481.96$
RBC U.S. Mid-Cap Equity Fund C$: 1 708.71$
RBC Global Resources Fund: 795.81$
RBC O'Shaughnessy International Equity Fund:
647.66$
RBC O'Shaughnessy All-Canadian Equity
Fund: 935.70$
GIC Canadian Market: 1 000$
TOTAL: 18 367.43$
Social Capital at Desjardins Membership share for 3 accounts:
Savings + Stocks, units, mutual funds + Tax-free savings account + RRSP + Online Income (45.14$):
61 095.40$
[In date of December 5, 2009]
It's official, I now hold 100 stocks of Corby Distilleries (CDL.A)
I had purchased 100 stocks this morning of at 15.35$. My regular stocks and units investment portfolio is currently at 35 055.86$! Currently, the overall value of what I own at TD Waterhouse is now of 40 002.76$. If the day finish this way, for sure I will update my portfolio on my blog. As for now, I have to go, running to my 12 to 6PM shift... but afer, I will be back home..
Saturday, December 19, 2009
Welcome Corby, 100 new stocks of Corby Distilleries (CDL.A) in my investment portfolio
I wake up… at 4PM. I arrived at home early, around 2 :35AM. I had to wait about 15 minutes before catching up a taxi. I have to say, the sleep was good. I usually wake up at 10AM in the morning. It’s actually what I had been able to go. I am slowly getting use to my new schedule. I taught I was working on Boxing Day and guess what, I am finally not working. I do not work on Monday, but at my other job I do, so I might get up earlier or do the shift until late to get some money for the Boxing Day. I wouldn’t like to get more debts than what I have now…
If I spend 300$, it will be good. I am not really in needs of anything, unless a little pair of shoes I could leave at work. I don’t like to be working with boots in my feet. So at one job, I left my Nike shoes, and at the daytime one, I could be wearing a cheap pair of shoes. I don’t like to carry too much stuff with me when I move from a job to go to the other one. It’s easier than I taught. Guess the money really motivate me. And I am actually amazed on how much I can save. Living in Montreal is a blessing. The cost of living is relatively inexpensive and this allows me to save big bucks every month.
And talking about money, I currently have 1 593$ available in cash in my new broker account! I just notice it right now… Of course, whenever I log in to my laptop, I first go pay a visit to my online investment portfolio at TD Waterhouse, after I took a look at my new broker account (sorry, I won’t say with who it is to keep my employer name private lol)…
The trade commission being exceptionally low, I can easily purchase 100 stocks of Corby Distilleries (CDL.A). On Friday, Corby Distilleries (CDL.A) close at 15.33$. So I am placing my order right now for Monday! I place my order at the limit price of 15.40$. My new online broker account is very easy to use. It’s let’s user print out there orders… Nice, but my printer is in its box, with no ink.
Wouldn’t be time to update our dividend income?
Sprott Inc. (SII): 505 x 0.10$ = 50.50$
Bank of Nova Scotia (BNS): 104 x 1.96$ = 203.84$
Methanex Corporation (MX): 103 x 0.62$ = 63.86$
Fortis (FTS): 104 x 1.04$ = 108.16$
Pembina Pipeline Income Fund (PIF.UN): 407 x 1.56$ = 634.92$
Just Energy Income Fund (JE.UN): 411 x 1.24$
+ 82.20$ of the 2009 special dividend = 591.84$
Yellow Pages Income Fund (YLO.UN): 420 x 0.804$ = 337.68$
Bell Aliant Regional Communications Income Fund (BA.UN): 100 x 2.904$ = 290.40$
Pengrowth Energy Trust (PGF.UN): 6 x 0.84$ = 5.04$
Enbridge Income Fund (ENF.UN): 300 x 1.152$ = 345.60$
Corby Distilleries (CDL.A): 100 x 0.56$ = 56$
= 2 687.84$
If I spend 300$, it will be good. I am not really in needs of anything, unless a little pair of shoes I could leave at work. I don’t like to be working with boots in my feet. So at one job, I left my Nike shoes, and at the daytime one, I could be wearing a cheap pair of shoes. I don’t like to carry too much stuff with me when I move from a job to go to the other one. It’s easier than I taught. Guess the money really motivate me. And I am actually amazed on how much I can save. Living in Montreal is a blessing. The cost of living is relatively inexpensive and this allows me to save big bucks every month.
And talking about money, I currently have 1 593$ available in cash in my new broker account! I just notice it right now… Of course, whenever I log in to my laptop, I first go pay a visit to my online investment portfolio at TD Waterhouse, after I took a look at my new broker account (sorry, I won’t say with who it is to keep my employer name private lol)…
The trade commission being exceptionally low, I can easily purchase 100 stocks of Corby Distilleries (CDL.A). On Friday, Corby Distilleries (CDL.A) close at 15.33$. So I am placing my order right now for Monday! I place my order at the limit price of 15.40$. My new online broker account is very easy to use. It’s let’s user print out there orders… Nice, but my printer is in its box, with no ink.
Wouldn’t be time to update our dividend income?
Sprott Inc. (SII): 505 x 0.10$ = 50.50$
Bank of Nova Scotia (BNS): 104 x 1.96$ = 203.84$
Methanex Corporation (MX): 103 x 0.62$ = 63.86$
Fortis (FTS): 104 x 1.04$ = 108.16$
Pembina Pipeline Income Fund (PIF.UN): 407 x 1.56$ = 634.92$
Just Energy Income Fund (JE.UN): 411 x 1.24$
+ 82.20$ of the 2009 special dividend = 591.84$
Yellow Pages Income Fund (YLO.UN): 420 x 0.804$ = 337.68$
Bell Aliant Regional Communications Income Fund (BA.UN): 100 x 2.904$ = 290.40$
Pengrowth Energy Trust (PGF.UN): 6 x 0.84$ = 5.04$
Enbridge Income Fund (ENF.UN): 300 x 1.152$ = 345.60$
Corby Distilleries (CDL.A): 100 x 0.56$ = 56$
= 2 687.84$
+ let’s say 100$ from the DRIP= 2 787.84$
My new acquisition just bring a little 56$ to my dividend income. But a 56$ is still a 56$ and since Derek Foster hold Corby Distilleries (CDL.A) in his portfolio, I had to hold some Corby Distilleries (CDL.A) stocks in mine too lol, even if we are talking of only 100 stocks. Little investments here and there can really make a difference at the end.
Friday during the day, the value of my portfolio gain major bucks. But at the end of day, it was a back-to-normal situation. My new Corby Distilleries (CDL.A) acquisition adds value to my portfolio. It’s actually adding 1 533$ to my overall portfolio…. My units and stocks investment portfolio is currently at 34 658$, which represent an increase of 760$ compare to December 5th. For my overall portfolio, let’s be super optimistic and say its all increase of 1 000$ this last Friday.
Here’s the maths:
1 000$ + 61 095.40$ (which is the value of my portfolio on December 5th) + my new investment of a 1 533$ value…
= 63 628.40$
It’s difficult to imagine I own that much…. I am actually only missing 36 371.60$ before reaching 100 000$. I believe this can happen for me in 2010. This is the ultimate goal, let’s say. I will certainly continue to invest in 2010. I am just so into that thing right now! In the last couple of weeks, my portfolio grow and got stronger with Bell Aliant Regional Communications Income Fund (BA.UN) and Enbridge Income Fund (ENF.UN).
The weekend on, I want to see Avatar at the theater, the new movie of Canadian James Cameron. I like his blue soft characters; they are very exotic and sexy.
My new acquisition just bring a little 56$ to my dividend income. But a 56$ is still a 56$ and since Derek Foster hold Corby Distilleries (CDL.A) in his portfolio, I had to hold some Corby Distilleries (CDL.A) stocks in mine too lol, even if we are talking of only 100 stocks. Little investments here and there can really make a difference at the end.
Friday during the day, the value of my portfolio gain major bucks. But at the end of day, it was a back-to-normal situation. My new Corby Distilleries (CDL.A) acquisition adds value to my portfolio. It’s actually adding 1 533$ to my overall portfolio…. My units and stocks investment portfolio is currently at 34 658$, which represent an increase of 760$ compare to December 5th. For my overall portfolio, let’s be super optimistic and say its all increase of 1 000$ this last Friday.
Here’s the maths:
1 000$ + 61 095.40$ (which is the value of my portfolio on December 5th) + my new investment of a 1 533$ value…
= 63 628.40$
It’s difficult to imagine I own that much…. I am actually only missing 36 371.60$ before reaching 100 000$. I believe this can happen for me in 2010. This is the ultimate goal, let’s say. I will certainly continue to invest in 2010. I am just so into that thing right now! In the last couple of weeks, my portfolio grow and got stronger with Bell Aliant Regional Communications Income Fund (BA.UN) and Enbridge Income Fund (ENF.UN).
The weekend on, I want to see Avatar at the theater, the new movie of Canadian James Cameron. I like his blue soft characters; they are very exotic and sexy.
Friday, December 18, 2009
Another marvelous: Davis + Henderson Income Fund (DHF.UN)
Surprise.. I finally find out how to transfer funds quickly and easily to my new broker account. At first, I proceed with a type of transfer that will take 3 to 5 days to be completed! On the 17th, I transferred 1 500$ from my also new banking account to my very new broker account… And ho surprise, the money wasn’t there! I really dislike electronic transfer of money. But lately, I discover another way, which is easier and the transfer is almost automatic: I simply need to proceed with the transfer of the money I want to use for trade in a special account that had been open for me. Anyway, the whole thing is completely different than TD Waterhouse so I was very lost in the whole process. It’s frustrating because I really wanted to get some Corby Distilleries (CDL.A) stocks, but I guess this will have to wait until next week.
Anyway, I do not have enough of 1 500$ anymore to purchase 100 stocks of Corby Distilleries (CDL.A)… The value of the stocks is currently of 15.060$. The reason why I invest in Corby Distilleries (CDL.A) is to increase the number of stocks I hold in my investment portfolio. The vast majority of what I own are .UN investment.
Talking about .UN investment, I went through one I didn’t know before: Davis + Henderson Income Fund (DHF.UN).
I never heard of Davis and Henderson before starting my new banking job. I know them for cheque orders… Today, when looking around my TD Waterhouse account, while looking under Sprott Inc. (SII). And I notice those words: Davis Henderson… Sound familiar! And guess what? Davis + Henderson Income Fund (DHF.UN) is affordable (16.280$). Don’t you find the + between Davis and Henderson kind of mysterious? I do.
Davis + Henderson Income Fund seem be a bit volatile as its activities are in the finance sector. Why I am saying so? Because of the difference between the highest (16.790$) and the lowest (10.40$) is about 7$. A quick search gave me the impression that Davis + Henderson Income Fund is a good investment for beginners like myself. The best is yet to come…
Davis + Henderson Income Fund (DHF.UN) annual dividend is of… 1.836$ per unit! Can you believe? 1.836$ per unit!!!! This is hugeeeeeeeeee.
Davis + Henderson Income Fund (DHF.UN) is on my list of companies I HAVE TO invest in.
100 units of Davis + Henderson Income Fund (DHF.UN) will provide me an annual income of 183.60$. My 100 stocks of Corby Distilleries (CDL.A) will provide me an annual 56$. At that time, I will be very close to 3 000$ in dividend income… And closer to financial freedom….
Anyway, I do not have enough of 1 500$ anymore to purchase 100 stocks of Corby Distilleries (CDL.A)… The value of the stocks is currently of 15.060$. The reason why I invest in Corby Distilleries (CDL.A) is to increase the number of stocks I hold in my investment portfolio. The vast majority of what I own are .UN investment.
Talking about .UN investment, I went through one I didn’t know before: Davis + Henderson Income Fund (DHF.UN).
I never heard of Davis and Henderson before starting my new banking job. I know them for cheque orders… Today, when looking around my TD Waterhouse account, while looking under Sprott Inc. (SII). And I notice those words: Davis Henderson… Sound familiar! And guess what? Davis + Henderson Income Fund (DHF.UN) is affordable (16.280$). Don’t you find the + between Davis and Henderson kind of mysterious? I do.
Davis + Henderson Income Fund seem be a bit volatile as its activities are in the finance sector. Why I am saying so? Because of the difference between the highest (16.790$) and the lowest (10.40$) is about 7$. A quick search gave me the impression that Davis + Henderson Income Fund is a good investment for beginners like myself. The best is yet to come…
Davis + Henderson Income Fund (DHF.UN) annual dividend is of… 1.836$ per unit! Can you believe? 1.836$ per unit!!!! This is hugeeeeeeeeee.
Davis + Henderson Income Fund (DHF.UN) is on my list of companies I HAVE TO invest in.
100 units of Davis + Henderson Income Fund (DHF.UN) will provide me an annual income of 183.60$. My 100 stocks of Corby Distilleries (CDL.A) will provide me an annual 56$. At that time, I will be very close to 3 000$ in dividend income… And closer to financial freedom….
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