To sell or not to sell the Creststreet Alternative Energy Fund

Things had been going great lately! Last week, I completed the forms in order to get what I had at BMO InvestorLine transfer over my current online broker account. The transfer had been done quickly and I was quite happy about it. It’s very fun now because I have everything at the same place, no more calculation needed. And it’s actually how I can say that my stocks and units investment portfolio is now at 43 578.44$... which is an increase of 19.84$ compare to March 5… Nothing to get very exciting about but still, a gain is a gain. And it’s a gain from my very own portfolio! Yeahhh!

About the Creststreet Alternative Energy Fund

And talking about my fantastic investment portfolio, since Steve Martin is no longer the manager of the Creststreet Alternative Energy Fund, I had taught about selling it. And it’s exactly what’s going to happen. If Steve Martin would still have been the manager of Creststreet Alternative Energy Fund, I wouldn’t had sold. But since he’s not… it’s a sell for me! I currently have a value of 1 159$ in the Creststreet Alternative Energy Fund. I didn’t pay any commission to TD Waterhourse to invest in the Creststreet Alternative Energy Fund. That was several months ago. But TD Waterhouse has commission when it comes to selling mutual funds you hold in your portfolio. My commission fee for selling what I have in the Creststreet Alternative Energy Fund is a bit more than 33$. If it wouldn’t be for my investment dividend goal and the fact that Steve Martin is no longer a manager at Creststreet, I wouldn’t sell.

See, we are currently at 284.40$ per month in dividend earnings. I am really looking into reaching the 300$ per month in dividend earnings. Currently, because I had been laid off of the job I had at BMO Bank of Montreal, I do not hold as much cash as I used to have before. But no worries; lay off or not, it doesn’t change anything. And guess what’s going to happen? We are going to hit the 100 000.00$ in assets in 2010 and by the end of March 2010, we are going to reach the equivalent of 300$ per month in dividend earnings. That’s being smart, isn’t?

Ok, so you might wonder what’s the plan, how the poor Dividend Girl who got fired from BMO Bank of Montreal is going to make it happen? The equivalent of 300$ per month in dividend earnings – she won’t be able to make it. But no way, it’s going to happen.

Here’s the how.

Current dividend earnings:

Sprott Inc. (SII): 507 stocks x 0.16$ = 81.12$
Bank of Nova Scotia (BNS): 105 stocks x 1.96$ = 205.80$
Methanex Corporation (MX): 103 stocks x 0.62$ = 63.86$
Fortis (FTS): 105 stocks x 1.12$ = 117.60$
Pembina Pipeline Income Fund (PIF.UN): 413 units x 1.56$ = 644.28$
Just Energy Income Fund (JE.UN): 423 stocks x 1.24$ + the 2010 special dividend =
606.72$
Yellow Pages Income Fund (YLO.UN): 433 units x 0.804$ = 348.13$
Bell Aliant Regional Communications Income Fund (BA.UN): 100 units x 2.904$ = 290.40$
Pengrowth Energy Trust (PGF.UN): 106 units x 0.84$ = 89.04$
Enbridge Income Fund (ENF.UN): 304 units x 1.152$ = 350.21$
Corby Distilleries (CDL.A): 100 stocks x 0.56$ = 56$
Davis + Henderson Income Fund (DHF.UN): 100 units x 1.836$ = 183.60$
Premium Brands Holdings Corporation (PBH):

200 stocks x 1.176$ = 235.20$
= 3 271.96$
+ let’s add 110$, supposing the DRIP system will provide an extra income of 110$
= 3 371.96$

We currently have the equivalent of 3 371.96 $ in annual dividend earning, which equal 281$ per month. We’re only missing 19$ per month to reach the 300$ in dividend passive income!

The sell of Creststreet Alternative Energy Fund should provided me around 1 100$. Nice. But which investment can we buy at 1 100$ that can provide us the equivalent of 15.60$ per month in dividend money? The answer, Derek Foster has it in his latest article that appear in the latest edition of the Canadian MoneySaver magazine.

The answer is this little marvelous that appears in the Canadian MoneySaver magazine: 200 units of the Consumers’ Waterheater Income Fund (CWI.UN). So very soon it’s going to be a “Wecome Consumers’, welcome in our investment portfolio: 200 units of the Consumers’ Waterheater Income Fund”…

The Consumers’ Waterheater Income Fund (CWI.UN) monthly dividend is at 0.054$ per month. At 200 units, we will only earn 10.80$ per month. But don’t forget the DRIP. The reinvestment of my CWI.UN dividend earn will provide us an extra at least 1 unit per month. Not that I want to be pessimistic, but CWI.UN value won’t double overnight. 200 + 12 = 212 units! And 212 units x 0.054$ = 11.34$

Nice, but 11.34$ is not the 19$ we desperately need to reach our goal. So what are we going to do? Well, for now, just pray for the Bank of Nova Scotia (BNS) to increase its dividend! And the 300$ in monthly dividend money will arrive sooner or later... or never lol.

Bank of Nova Scotia (BNS) may have refused my RSP loan request, but no matter what, the bank is doing well, with or without me as a loaner.

A TSX at more than 12 000 points... yeah and so what?

Kind of funny isn’t? It’s just that the TSX may had exceed the 12 000 points this very last Friday, but it didn’t bring much value to my investment portfolio. I just notice, I had received the dividend for Yellow Pages Income Fund (YLO.UN) (28.61$) and (PIF.UN) (53.69$). I just hope the dividend will DRIP. At this time, the money appears in cash in the account. I have to call my lovely friends of TD Waterhouse anyway because the money of my RSP didn’t get transferred into the RSP account yet.

Also, the 100$ for the RSP account haven’t been took yet, and I don’t want the fee to be take from the RSP account. Because RSP money is made for trading, not to be deducted for stupid RSP broker account fees. I say stupid because I do not accept that TD Waterhouse is making me paying a 100$ fee for a RSP account, just because I am going to have less than 25 000$ in it. I am not going to scream a I hate TD Waterhouse like I did before, but geessssss come on guys at TD! Those RSP fees are so unrespectful, stupid, awful! So terribly wrong. It’s wrong to ask fees for a RSP account. Want to know why? Because the f****** money cannot be withdraw from the account! The dividend earns inside a RSP account have to remain inside the f***** RSP account! lol! There’s no way of that sh**!

Anyhow, be and TD are in business since they gave me an RSP line of credit of 10 000$. So me and TD, it’s for life, even if their RSP fee sucks! Me and TD it’s for life. Not only because of the RSP credit line. I recently got an offer from TD Visa for a credit card balance transfer… at 4.9%! This offer available until April. I have my TD regular credit line that is almost full… And it’s at 8%. So guess what’s going to happen?

The magic world: PING-PONG!

We are going to have a ping-pong game one more time, one more time baby!

Ok, I can see your eyes rolling, your underarms getting wet… If you are not a regular reader, you’re going ask, what the hell the poor girl is taking about? Well, I am taking about a ping-pong game lol!

This is what’s going to happen on Monday morning:

I have a RBC Visa. I am going to withdraw in cash at the bank 5 000$. As soon as I have the cash, I am going to « run » to the TD closest branch, which is really next to RBC anyway, so no risk. And I am going to deposit 5 000$ on the TD credit line. After, I run back home, log in in my TD account. Complete the little form in order to get the 5 000$ from RBC Visa transfer to TD Visa at 4.9% for 6 months! This will allow me to save around 100$ in interest. After 6 months, I will simply withdraw the money from my TD credit line and place a 5 000$ on my TD Visa.

So, do you feel like playing a ping-pong game? I do.

Doing great with Premium Brands Holdings Corporation (PBH)

Just a couple of days ago, I had place my latest trade using TD Waterhouse. My latest investment was 200 stocks of Premium Brands Holdings Corporation (PBH). I purchased the stock at 14.50$. Premium Brands Holdings Corporation closed the day at 14.86$. This represents a nice profit of 72$! Just wow! I always like it when my investment goes up like this. Thanks to Jean-François Tardif, I am becoming better and better at investing!

Because we have to remember from where we are coming from. We had experiment some difficult times with investments that turn out very bad. And I am thinking of Sprott Inc. (SII). Back in the times, I had invested in 500 stocks of Sprott Inc. (SII). Each stock had been purchased at around 10$. Currently, Sprott Inc. (SII) do not even worth 5$ per stock! Outch! Bad, you thing? Well, you didn’t hear about the worst… I was stupid enough to follow Eric Sprott when Timminco (TIM) was hot on Bay St… I had invested in 200 stocks of Timminco (TIM) when stocks were at 20.33$. When the stocks price begin to fail, I haven’t been smart enough to sale. The result: the 4 065$ investment only worth today 244$. But I still have faith in Timminco and I continue to hold 200 stocks of Timminco (TIM). Sprott Inc. (SII) and Timminco (TIM) are not bad investments, it’s just my timing wasn’t right. And I got caught in the investment game and I forgot about my reading of Derek Foster. But now I am sticking to my own rule and I have to say, my portfolio is doing better than ever.

So here’s some simple investment rule I had fixed myself among the way in order to protect my assets:

-Diversify my assets. Not to invest too much in the same company.
-Follow Derek Foster strategy and borrow ideas for his portfolio. Register to a DRIP for all my dividend payers.
-Invest in Jean-François Tardif 2009 top hot stock picks (they are really still good for 2010; check what just happen to me with the Premium Brands Holdings Corporation (PBH)!!!).
-Invest in dividend Payers Company only.

Jean-François Tardif is such a powerful, extraordinary investor that his 2009 stock picks still accurate for today’s market!

In my stocks and units investment portfolio, I hold some companies that do not pay dividend. They are: Timminco (TIM), Dumont Nickel (DNI), Blue Note Mining (BNT) and Hanwei Energy Services (HE). I also lost some money in Dumont Nickel (DNI), Blue Note Mining (BNT) and Hanwei Energy Services (HE) – but not that much. And I always told myself that if those losses would become too important, that I would eventually stop investing. Those DNI, BNT and HE investment were made a while ago and I am glade I made those investments because my failures provide me a great deal of knowledge. My mistake: I wanted to make money quickly out of the stock market with those investments. But I learned my lesson: I wasn’t going to make money quickly by buying and selling stocks, but I was going to be a good imitator. By that I mean an imitator of Derek Foster and others, including Jean-François Tardif. From the point I told myself I was going to follow Derek Foster strategy and make something out of it, I became in power of my finance. Ever since, awesome things happen to me, financially speaking. My earn dividends and some of my investments gain a lot of value. But I wouldn’t be at this point if it wouldn’t be of my failures (I am saying this of course because I just LOVE my portfolio at this time, it’s not a perfect portfolio, but its all mine! All that money is mine! lol…).

In investment, failures are an expensive way to learn.

I could had taken the money and leave it in a bank account. But my life would have been much more boring. And I wouldn’t be here writing on my blog…

I had been a great Derek Foster imitator over the past months. I never lost money by following Derek Foster tips. Never did I loose money in one of Derek Foster investment. And we are taking here of Bank of Nova Scotia (BNS), Pembina Pipeline Income Fund (PIF.UN), Pengrowth Energy Trust (PGF.UN), Enbridge Income Fund (ENF.UN) and Corby Distilleries Limited (CDL.A).

And believe it or not, Just Energy Income Fund (JE.UN) was one of my very own pick, as well as Fortis (FTS), Yellow Pages Income Fund (YLO.UN), Bell Aliant Regional Communications Income Fund (BA.UN) and Davis + Henderson Income Fund (DHF.UN). I am very proud of my Just Energy Income Fund units.

One of my fellow reader told me that Derek Foster had been published several updates of his portfolio in the Canadian MoneySaver magazine. It’s seemed like Derek Foster published update of his portfolio every 3 months or so in the Canadian MoneySaver – and I didn’t even know about it! But now I know and I am letting everyone know: Derek Foster writes for the Canadian MoneySaver magazine. The Canadian MoneySaver magazine had been around since 1981 and its own by Dale Ennis and Betty Ennis. Nice to see Derek Foster being published.

Derek Foster had an article in the latest edition of the Canadian MoneySaver. In the article, Derek mentions PM as a company he holds. I won’t mention more of more because you will have of course to buy and read the magazine – but I did a fantastic discovery. I was searching for PM but on the Canadian market, while Derek holds the PM company, but the one located in the state. But the PM company list under the TSX is quite interesting, but the stock is not being hold by Derek Foster – but I will certainly later own some PM stocks.

So what’s that PM and what’s so great about it?

Well, PM stands for Prism Medical Ltd. The company is located in Ontario and had activities in the US and the UK. So here’s what Prism Medical Ltd. is all about: “Prism Medical Ltd. is a provider of durable medical equipment and related services to the mobility disadvantaged in Canada, the USA and the United Kingdom (UK). Operating since 1996, Prism services the mobility disadvantaged wherever they reside – the home, long-term care facilities or acute care facilities.” (Source: prismmedicalltd.com/About/Default.aspx). This sector of health is in high demands. You just have to think about the baby boomers generation who eventually will need medical equipment and so on… The company had been around for more than 10 years – so it’s a solid company, I don’t think they will close by tomorrow... Also, Prism Medical Ltd. pay dividend. A little dividend, but still, Prism Medical Ltd. (PM) pays a dividend. And remember the rule: we only invest in dividend payers companies. And Prism pays a dividend: 30 cents per stock annually. Also, Prism stocks are cheap: 6.95$. The company offers an international exposure to health care. The company made 65$ million in 2009. Do you need more blabla? Yep, I am telling you, that Prism Medical Ltd. is a good investment. I would like to invest in the company. And this will be done soon…

Today, I went to TD Waterhouse to open my RSP account. The account is now open. I am just waiting for the 10 500$ to be transfer over! And of course, we are going to invest in stocks! Yeah! And it’s going to be a happy mix of Derek Foster and Jean-François Tardif hottest picks… Hottest picks for the hottest investors’ lol.

So here’s what my 10 500$ RSP investments might look like:


-200 units of Just Energy Income Fund (JE.UN):
200 units: 2 832$ (approximate investment value): 288$ in annual dividend earnings

-400 units of Consumers’ Waterheater Income Fund (CWI.UN):
400 units: 2 072$ (approximate investment value): 259.20$ in annual dividend earnings

-100 units of Morneau Sobeco Income Fund (MSI.UN):
100 units: 1 056$ (approximate investment value): 94.50$ in annual dividend earnings

-200 units of Liquor Stores Income Fund (LIQ.UN):
200 units: 3 234$ (approximate investment value): 324$ in annual dividend earnings

-187 stocks of Prism Medical Ltd. (PM)
187 stocks: 1 306$ (approximate investment value): 56.10$ in annual dividend earnings

Total in dividend earnings: 1 021.80$

My investment RSP loan was 10 000$ at 4.75%, which represent, for a year, 475$ in interest. My dividend earnings help to cover the cost of the loan. BUT the dividend earns inside the RSP has to remain inside the RSP, it cannot go out. Too bad, because I could had partly made my minimum payment for the loan on the money earn by the dividend! My RSP loan payment is of 105.63$ per month.

At this time, I am just exposing a few ideas for my RSP. The default of the scheme is that there’s too much of .UN investment. Just love them too much. But they provide a very generous dividend. AWESOME to see a 1 021.80$ in dividend earnings from those.

I see the world in Yellow

I done fantastically well with my investment in Yellow Pages Income Fund (YLO.UN). I am the proud owner of 429 units of Yellow Pages Income Fund. Currently, my investment in YLO.UN worth 2 638.35$. At this time, its represent a profit of 413.88$! My initial investment (including DRIP) was of 2 224.47$.

My investment in Yellow Pages had been made at the right time. I had the perfect timing. In the past, YLO.UN worth much more than 6$ per unit. That being before the stock crash of 2008. If I would have invested in Yellow Pages Income Fund (YLO.UN) at that time, I wouldn’t be able to make a profit from the investment. But because I invested in Yellow Pages Income Fund just a couple of months ago, I had been able to make a nice profit from my acquisition. 413.88$ could sound like being nothing much, but a 413.88$ is definitely something huge for a small investor like myself. I am quite happy to be able to experiment such positive gains in my investment portfolio.

My stock invesment portfolio is now at 81 709.55$

Our stock investment portfolio had increased of 1 224.78$ compare to February 26, 2010 (which was of 80 484.77$). We are currently at 81 709.55$! Reaching 100 000$ in assets is the ultimate goal of course, and so far so good!

81 709.55$ is our highest ever!

So have a nice week-end!

My stock investment portfolio in date of February 26, 2010

Savings:
2.69$ (ING Direct)

Non RSP Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 2 176.55$
Timminco (TIM): 254$
Blue Note Mining (BNT): 52$
Bank of Nova Scotia (BNS): 5 019$
Hanwei Energy Services (HE): 126$
Methanex Corporation (MX): 2 565.73$
Fortis (FTS): 2 836.08$
Pembina Pipeline Income Fund (PIF.UN): 7 454.65$
Just Energy Income Fund (JE.UN): 5 871.24$
Dumont Nickel Inc. (DNI): 460$
Yellow Pages Income Fund (YLO.UN): 2 509.65$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 535$
Pengrowth Energy Trust (PGF.UN): 1 166$
Enbridge Income Fund (ENF.UN): 3 842.56$
Corby Distilleries Limited (CDL.A): 1 511$
Davis + Henderson Income Fund (DHF.UN): 1 699$
Premium Brands Holdings Corporation (PBH): 2 910$

TOTAL: 42 988.46$

Tax-free savings account:
RBC O'Shaughnessy Canadian Equity Fund:
2 612.43$
Creststreet Alternative Energy Fund: 1 166.53$
Sprott Canadian Equity Fund: 4 911.07$

TOTAL: 8 690.03$

RSP:
CIBC Dividend Growth Fund: 486.11$
CIBC Emerging Markets Index Fund: 432.11$
CIBC Monthly Income Fund: 955.33$

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: 111.95$
TD Monthly Income: 98.49$
TD Emerging Markets: 76.97$
TD Energy: 79.70$
TD Precious Metals: 101.51$
TD Latin American Growth: 91.32$
TD Entertainment & Communications: 100.97$
TD Dividend Growth: 189.88$
TD U.S. Mid-Cap Growth: 96.58$

TD RSP account: 10 500$

Maritime Life International Equity Fund (Templeton):
626.29$
Manulife Simplicity Growth Portfolio: 845$
Maritime Life CI Harbour Seg Fund: 979.28$
Maritime Life Fidelity True North Seg Fund: 939.12$
Maritime Life Trimark Europlus Seg Fund: 592.39$

Great West - Various: 1 577.81$

RBC Canadian Dividend Fund: 488.57$
RBC U.S. Mid-Cap Equity Fund C$: 1 748.63$
RBC Global Resources Fund: 842.96$
RBC O'Shaughnessy International Equity Fund:
576.85$
RBC O'Shaughnessy All-Canadian Equity
Fund: 980.66$

GIC Canadian Market: 1 000$

TOTAL: 28 692.80$

Social Capital at Desjardins Membership share for 3 accounts:
40$

Savings + Stocks, units, mutual funds + Tax-free savings account + RRSP + Online Income (70.79$):
80 484.77$
[In date of February 26, 2010]

Natural grow in our stocks & units investment portfolio

I got a good night of sleep… I am feeling much much better… So major projects are on the way! But before revealing anything and before I go to work… let’s give a look to our stocks and units investment portfolio! We are currently at 43 355.34$, which is an increase of 366.88$ compare to February 26, 2010. I am just wishing for a continuous natural grow. But so far so good, its looking good for our first 100 000$ in assets. Let’s go!

80 484.77$ in assets doesn't change anything, but...

I just update the value of my overall investment portfolio! We are finishing the month of February 2010 with 80 484.77$ in assets! This amount contain, of course, the 10 000$ we obtain from TD Canada Trust for our RSP loan and our own 500$ contribution to our 2009 RSP. This update also contains our latest investment: 200 stocks of Premium Brands Holdings Corporation (PBH).

My laid off of BMO Bank of Montreal didn’t slow me down on any of my projects. Actually, as an investor, I never had been so great, so self-consciencousness of my own skills, so close to discover my center. Thinking about it lol, investment is all about “picking” the right investment. Just that! It is that simple!

Because being in investor, even a small one, is about that: it’s about exercing power over external elements. Jealousy lay off and so on are just material proofs of what I am truly am. Like guys, come on BMO Bank of Montreal, don’t try to destroy someone who’s more self-consciencousness than you will ever be. I am pretty good at playing games and I am a winner all the way. As for the losers (BMO Bank of Montreal) hope they are ready because I am going to hit higher. Seem like BMO Bank of Montreal will have to learn with its regret. My revenge will be extraordinary. It will never end.

I plan to continue to invest in the next upcoming months. But right now, I have to think about how am I going to invest that precious 10 500$ in RSP money I now have. I was thinking about Just Energy Income Fund (JE.UN). I had been thinking about EFT and so on. But I have to say, investing in dividend stock payers for my RSP instead of EFT is quite interesting. So at this time, I am still thinking.

Ok, so Jean-François Tardif top pick for 2009 was Premium Brands Holdings Corporation (PBH). And what about our very own 2010 top stock five stars pick? If I would have to choose only one stock to invest in, I will choose Just Energy Income Fund (JE.UN). Investing in Just Energy Income Fund (JE.UN) had been, so far, one of my best realizations. WOW WOW WOW. Just Energy is that fantastic. I LOVE JUST ENERGY INCOME FUND. Pureeeeee energy = pureeeee love. The dividend is hot + Just Energy Income Fund (JE.UN) had paid recently special dividend.

My stock investment portfolio in date of February 17, 2010

Savings:
2.69$ (ING Direct)
915$ (savings for next investment)

TOTAL: 917.69$


Non RSP Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 2 196.75$
Timminco (TIM): 248$
Blue Note Mining (BNT): 56$
Bank of Nova Scotia (BNS): 5 041.05$
Hanwei Energy Services (HE): 56$
Methanex Corporation (MX): 2 373.12$
Fortis (FTS): 2 843.36$
Pembina Pipeline Income Fund (PIF.UN): 7 615.72$
Just Energy Income Fund (JE.UN): 5 922$
Dumont Nickel Inc. (DNI): 460$
Yellow Pages Income Fund (YLO.UN): 2 479.62$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 578$
Pengrowth Energy Trust (PGF.UN): 1 177.66$
Enbridge Income Fund (ENF.UN): 3 729.70$
Corby Distilleries Limited (CDL.A): 1 510$
Davis + Henderson Income Fund (DHF.UN): 1 691$

TOTAL: 39 977.98$

Tax-free savings account:
RBC O'Shaughnessy Canadian Equity Fund:
2 597.37$
Creststreet Alternative Energy Fund: 1 202$
Sprott Canadian Equity Fund: 4 844$

TOTAL: 8 643.37$

RSP:
CIBC Dividend Growth Fund: 482.99$
CIBC Emerging Markets Index Fund: 385.46$
CIBC Monthly Income Fund: 951.85$

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: 111.37$
TD Monthly Income: 98.29$
TD Emerging Markets: 77.78$
TD Energy: 80.43$
TD Precious Metals: 102.58$
TD Latin American Growth: 91.28$
TD Entertainment & Communications: 100.21$
TD Dividend Growth: 189.49$
TD U.S. Mid-Cap Growth: 95.25$

Maritime Life International Equity Fund (Templeton):
628.45$
Manulife Simplicity Growth Portfolio: 842.77$
Maritime Life CI Harbour Seg Fund: 982.55$
Maritime Life Fidelity True North Seg Fund: 939.17$
Maritime Life Trimark Europlus Seg Fund: 581.55$

Great West - Various: 1 577.81$

RBC Canadian Dividend Fund: 487.62$
RBC U.S. Mid-Cap Equity Fund C$: 1 722.76$
RBC Global Resources Fund: 852.33$
RBC O'Shaughnessy International Equity Fund:
575.60$
RBC O'Shaughnessy All-Canadian Equity
Fund: 976.05$

GIC Canadian Market: 1 000$

TOTAL: 18 107.96$

Social Capital at Desjardins Membership share for 3 accounts:
40$

Savings + Stocks, units, mutual funds + Tax-free savings account + RRSP + Online Income (66.62$):
67 753.62$
[In date of February 17, 2010]

Welcome Premium, 200 new stocks of Premium Brands Holdings Corporation (PBH) in my online future trading brokerage

Remember Jean-François Tardif hot picks for 2009? Well, one of those hot picks is soon going to be from my very own investment portfolio and that’s going to be tomorrow! So welcome to Premium Brands Holdings Corporation (PBH)! Welcome in our investment portfolio! :)

Today was pay day, I had more than 2 000$ in my bank account, lying there, doing nothing at all… So I transfer 1 600$ into my TD credit line. I currently have just a bit more than 3 000$ available on my credit line. So guess what’s going to happen? We are going to purchase 200 stocks of Premium Brands Holdings Corporation (PBH) using that money! Yeahhhh!

I had been talking about Premium Brands Holdings Corporation (PBH) for quite some time now and I very happy to get this new investment. Actually, this is our first investment since I had been laid off from BMO Bank of Montreal. There you go my little bunch of f******, this one is for you. I dedicate my Premium Brands Holdings Corporation (PBH) to BMO Bank of Montreal. Who lay off me, the Dividend Girl…

Anyhow, after this, I will be looking forward to invest the 10 500$ I currently have available for our RSP. And I am just going to relax and maybe going to the gym since there’s a promotion right now at a gym located close to my workplace and it cost less than 50$ for a full year…. And I really want to fit in a tiny little bikini when I will hit the 100 000$ in assets so… I guess I have no choice! I will make myself sweat at that gym. Trust me…

So now, let’s review the dividend earning in review ok?

There we go:

Sprott Inc. (SII): 505 stocks x 0.10$ + (let’s suppose Sprott Inc. will provide a special dividend like last year) = 126.25$
Bank of Nova Scotia (BNS): 105 stocks x 1.96$ = 205.80$
Methanex Corporation (MX): 103 stocks x 0.62$ = 63.86$
Fortis (FTS): 104 stocks x 1.12$ = 116.48$
Pembina Pipeline Income Fund (PIF.UN): 413 units x 1.56$ = 644.28$
Just Energy Income Fund (JE.UN): 423 stocks x 1.24$ + the 2010 special dividend =
606.72$
Yellow Pages Income Fund (YLO.UN): 429 units x 0.804$ = 344.92$
Bell Aliant Regional Communications Income Fund (BA.UN): 100 units x 2.904$ = 290.40$
Pengrowth Energy Trust (PGF.UN): 106 units x 0.84$ = 89.04$
Enbridge Income Fund (ENF.UN): 304 units x 1.152$ = 350.21$
Corby Distilleries (CDL.A): 100 stocks x 0.56$ = 56$
Davis + Henderson Income Fund (DHF.UN): 100 units x 1.836$ = 183.60$
Premium Brands Holdings Corporation (PBH):

200 stocks x 1.176$ = 235.20$
= 3 312.85$
+ let’s add 100$, supposing the DRIP system will provide an extra income of 100$
= 3 412.85$

After our Premium Brands Holdings Corporation (PBH) investment, we’ll be at 3 412.85$ in annual dividend earning. Nice!

And what about our 100 000$ in assets goal? How does it look now?

On date of February 17, 2010 we had a total assets of:
67 753.62$ + our investment of tomorrow in Premium Brands Holdings Corporation (PBH) worth around 2 870$.

To this current amount, we can add the 10 500$ we had invested today for our RSP.
70 623.62$ + 10 500$ = 81 123.62$

+ our annual dividend income of 3 412.85$ = 84 536.47$

And how about a value increase of 9% of our assets for 2010, would you like that?

84 536.47$ x 9% = 7 608.28$
84 536.47$ + 7 608.28$
= 92 144.75$

Better, but we are not there yet…. Missing 7 855.25$.

7 855.25$/10 months = 785.52$ per month for the 10 months left (March-December 2010) that I need to invest in order to reach the 100 000$ in assets. At this point, saving 785.52$ per month make a lot of sense. It’s something I can achieve, but only in a good market condition. Because if it happens that my investments lost half of its value instead of increasing of 9%, I won’t be able to achieve my goal. But it definitively worth a try and guess what, we’re going to make it! And when it will happen, I will post pictures of myself semi-nude on my blog after my transformation. I promise. lol.