Welcome Claymore, 200 new stocks of Claymore Gold Bullion ETF (CGL) in my RSP investment portfolio

Busy morning, isn't?

Our non RSP stocks and units investment portfolio is currently at 43 650.38$. Pretty strong morning at the TSX.

I also invested this morning in 200 stocks of Claymore Gold Bullion ETF (CGL). I really wanted to make this purchase ASAP! I purchase 200 stocks at 10.16$. I could had wait, since gold goes up and down all the time... But I wanted Claymore right away! Right now!!!! Gold investment is cool.

So..............

Welcome dear Claymore Gold Bullion ETF (CGL) in our investment portfolio!

Welcome EnCana, 100 new stocks of EnCana Corporation (ECA) in my RSP investment portfolio

I did a pretty good deal on this one. I purchased 100 stocks of EnCana Corporation (ECA) at 32.01$! I saw the price of EnCana Corporation (ECA) loosing value. So I set up a purchase order at the maximum price of 32.01$... And it went through! This is a good investment, even if the dividend is a bit low.

EnCana Corporation (ECA), welcome in our portfolio! :)

Welcome Emera, 200 new stocks of Emera Incorporated (EMA) in my RSP investment portfolio

This is it! I just invested in 200 stocks of Emera Incorporated (EMA). The 200 stocks were purchased in 2 blocks of 100 stocks. Don't ask me why. First block was purchased at 24.60$. The second one at 24.61$. Yeah!

Welcome Emera Incorporated (EMA) in our investment portfolio!

My RSP investments for the fiscal year of 2009

Today, something extraordinary happen: Yellow Pages Income Fund (YLO.UN) had exceeded the 6$ per stock! Yellow Pages close the day at 6.03$! That’s very good for our investment portfolio. Also, the fabulous Just Energy Income Fund (JE.UN) who finish the day at an extraordinary 14.28$! Way to go Just Energy Income Fund (JE.UN)!

Also, what I had been waiting for had finally happen: the 10 500$ from my RSP saving account got transferred into my online broker account. The money is there, just waiting for me to take some actions. So new trades are among the way. Very exciting!

We are looking forward to make some new investments. In a way, 10 500$ is not that much money, but it will certainly calm our appetite for trading for a good month or 2…

We previously discuss about the investment we would like to make. We had removed (PM) from the list. Not that PM does not represent a good investment, but fact is, PM seems to be volatile and we are greatly in need of stability and grow in our investment portfolio. Don’t forget about 100 000.00$ assets goal!

A little while ago, I discover Emera Inc. (EMA) by reading a fantastic blog: Money Energy. The blog is full of investment ideas. Since I am from New Brunswick, I always like to invest in Maritimes stocks. And Emera Inc. (EMA) is quite interesting. Pretty stable company. I like Emera. I wanted add on to my portfolio for a very long time now! So here it comes:

Emera Inc. (EMA)
Number of stock: 200
Investment value: 4 920$ + commission fee of 29$ = 4 949$
Annual dividend earning: 226.40$

This one coming from Derek Foster (Stop Working Too: You Still Can!):

EnCana Corporation (ECA)
Number of stock: 100
Investment value: 3 212$ + 29$ = 3 241$
Annual dividend earning: 80$

We now have 2 310$ left. What are we going to do with it? The magic word: GOLD. This next investment won’t pay any dividend, but it will certainly bring great stability to our investment portfolio. I never invested in gold before, so this is pretty exciting:

Claymore Gold Bullion ETF (CGL)
Number of stock: 200
Investment value: 2 028$ + 29$ = 2 057$

So this is probably what’s going to happen!

As you can see, not too much in dividend, but I acquire 2 companies I wanted for a long time and I think I am doing good investments. And that Claymore Gold Bullion is probably going to rock the house!

So those are for my RSP investment. I didn’t place any purchase order yet. I am over-excited. Gonna wait until tomorrow early morning.

Oh no! Pembina Pipeline Income Fund (PIF.UN) cancels its DRIP!

Believe it or not, I call 2 times my broker for the following reason: the dividend earned this month of Pembina Pipeline Income Fund (PIF.UN) didn’t DRIP! How come? The money was lying there in cash in my broker account. I wait almost the whole week and nothing, no DRIP! Awful!

But in 2 times, my broker had no idea of what was going on! The answer I got was something meaning: if it didn’t DRIP, its mean there’s no DRIP. Whatever! But you have to know that in the meantime, I had cancelled my DRIP because I taught I was going to transfer everything at iTrade and I didn’t want any transfer problem among the way. So I left my DRIP cancelled for about 2 weeks or so. Once my RSP loan got refused at Bank of Scotia (BNS), I decide to stay with my current broker because hey, business is business. So I really taught it was because my DRIP had been removed that my dividend of Pembina didn’t DRIP. But this wasn’t the real reason at all! The main reason being that Pembina cancel it’s DRIP! This is a nightmare!

Ok, you might tell yourself: calm down, it’s only a DRIP! Yeah, your kind of right. But did you know: 1 unit of Pembina Pipeline Income Fund (PIF.UN) = 1.56$ in annual dividend? This month, a DRIP would have provided me at least 2 brand new units! And 2 brand new units = 3.12$ in annual dividend money! See where I am coming from?

Anyhow, there will be no more extra unit of Pembina Pipeline Income Fund (PIF.UN) because the company decides to cancel its DRIP program. Kind of sad for us who worked so hard at building a strong investment portfolio. But good news: Pembina Pipeline Income Fund had confirmed a 1.56$ dividend per unit until 2013. It’s very good news for investor. Ok, this means that no dividend increase is being plan for PIF.UN until 2013. But 2013 is just in 3 years from now. And at a 1.56$ annual dividend, PIF.UN is a generous dividend payers. So when it comes to Pembina Pipeline Income Fund (PIF.UN), it’s definitively a hold for me.

My stocks & units investment portfolio in review on date of March 17, 2010

Very exciting to see the TSX at more than 12 000 points again. Like this wasn’t a one hit wonder, the 12 000 points is in the house and it’s for real! And it’s had positive effect on our investment portfolio. We note a small increase of our stocks and units investment portfolio, which is at 43 624.51$. Compare to March 5, when our stocks and units portfolio was at 43558.60$, it’s represent a nice gain of 65.91$. The goal is not to see the portfolio gain 200$ overnight, it’s mostly about having a stable portfolio, with continuous stable gains. So I am a point where I really think I am going to reach the 100 000.00$ in assets by the 2010.

Interesting gain today in my portfolio. Seem like Fortis (FTS) will soon hit the 29$ per stock. At 12.91$, we can say that Enbridge Income Fund (ENF.UN) is almost at 13$ per unit. And so on… My portfolio is doing very very well. For Bank of Nova Scotia (BNS) alone, I gain 560$ from this investment! I first purchase 100 stocks of Bank of Nova Scotia (BNS) when its stock value was at 44.82$. Bank of Nova Scotia (BNS) is now at 50.17$! I earned even more from Methanex Corporation (MX). Back than, I didn’t know too much about Methanex Corporation (MX) but I have to say, this pick pay me well! I first invested 100 stocks of Methanex when its value was at… 15.79$! The stock value of Methanex Corporation (MX) is now at 26.49$... and I now own 103 stocks of Methanex Corporation by the magic of the DRIP. This represent a profit of 1 102.10$! I also did very very well with Pembina Pipeline Income Fund (PIF.UN). My initial investment of 6026.17$ in Pembina Pipeline Income Fund (PIF.UN) now worth today 7091.21$. It’s an increase of 1 065.04$! That’s nice, isn’t? But I am not done wet!

I also did pretty well with Enbridge Income Fund (ENF.UN). I first invested 3 634.28$ in Enbridge Income Fund (ENF.UN). And currently, the very same investment worth 3 924.64$, which represent an increase of 290.36$. Nice little gain.

We can certainly continue with Fortis (FTS). I initially invested 2 625.63$ in Fortis (FTS). Currently, my Fortis (FTS) investment worth 3 041.85$. Profit = 416.22$. Kind of cool!

Ok, and what about Just Energy Income Fund (JE.UN)? Well, my initial investment in Just Energy Income Fund (JE.UN) was of 5 556.77$. The same investment in Just Energy currently worth 6 002.37$. Gain of 445.60$! After what, come and tell me I don't have it! lol :)))

And also Yellow Pages Income Fund (YLO.UN). I first invested 2 248.27$ and I am now at 2 593.67$ when it come to Yellow Pages Income Fund (YLO.UN). The increase? Of 345.40$. WOW!

I had done well with recent pick also. I am very proud of my Davis + Henderson Income Fund (DHF.UN). I first invested in 100 units at 16.88$. Davis + Henderson Income Fund (DHF.UN) is currently at 17.77$. Which represent an increase of 89$. Nice!

My Corby Distilleries Limited (CDL.A) remains stable. I had purchased 100 stocks at 15.30$. The stock value is still the same, at 15.30$.

And not to forget about Jean-François Tardif, our Premium Brands Holdings Corporation (PBH) did quite well! We initially invested 2 899$ in Premium Brands Holdings Corporation (PBH). The same investment now at 2 936$. Gain of 37$!

As part of my strategy, I try to time the market. By timing I mean I invest when I think the stock price is good. That’s how I acquire Bank of Nova Scotia (BNS). At 44$ per stock, I knew I was doing to good investment. For me, it was clear that BNS was definitely going to increase in value in a not too far future… And here we are, on date of today, just a couple of months later, I gain more than 500$ from the investment.

But I do not always time the market as my goal is to invest on a regular basis, no matter what’s going on the stock market. And I did quite well! Of course, Derek Foster is a major inspiration. And I am going to say thing simply and easily: Derek Foster kick ass!!

We talk about my success…. But I also had failed in many occasions. So the major gains I made help to recover from great loses. In order to avoid any loses; I mostly try to stick to Derek Foster plan. I also try to diversify my assets.

So here about my failures:

Blue Note Mining (BNT)
Initial investment: 689$
Now worth: 46$
-643$

Dumont Nickel (DNI)
Initial investment: 661.50$
Now worth: 460$
-201.50$

Hanwei Energy Services (HE)
Initial investment: 674$
Now worth: 114$
-560$

Sprott Inc. (SII)
Initial investment: 4 952.57$
Now worth: 2 215.59$
-2 736.98$

And the last one that I was keeping for desert, the one and only:

Timminco (TIM)
Initial investment: 4 065$
Now worth: 222$
-3 843$

TOTAL: -7 984.48$

Belive it or not, the genius investor that I am lost 7 984.48$ in the stock market. But great news: all of those investments had been done some times ago. My greatest regret is Sprott Inc. (SII) and Timminco (TIM). Who’s the responsible for my loses? Myself on first place. But secondly, Eric Sprott. Eric Sprott the one and only is directly responsible for the lost of 6 579.98$! Eric Sprott company Sprott Inc. (SII) had lost some great deal of value. When Sprott Inc. (SII) arrived on the market. It was listed at 10$ or around per stock. I invested in 500 stocks of Sprott Inc. (SII). My investment in Sprott Inc. (SII) could have turned well if only Eric Sprott would had been intelligent enough to take good care of Jean-François Tardif when he was working for him. Last year, I earned around 80$ in special dividend of Sprott Inc. (SII). I received the special dividend of Sprott Inc. (SII) just a couple of days ago. The amount earned? 12.62$! We are very far from the amount earned back in special dividend 2009 from Sprott Inc. (SII). In 2009 like so far in 2010, Eric Sprott didn’t deliver.

For those who don’t have a clue of who Jean-François Tardif is, Jean-François Tardif had been a top hedge fund manager working for Eric Sprott. In 2009, Jean-François Tardif, in his forties, announced his retirement. At that time, little did we know about the reason why behind this early retirement. Eric Sprott is the direct responsible of the too early retirement of one of the most talented hedge fund manager. When Jean-François Tardif announced his early retirement, he was closed, from my understanding, to a burn out. He was always working, always reading financial statements, always managing, managing, managing. At a point, Jean-François Tardif asked Eric Sprott for some help: he couldn’t manage the hedge fund alone. And who could? Eric Sprott agree to provide Jean-François Tardif some assistants, but at the only condition that the assistants would also work for other managers of the house. At that time, Mr. Tardif was doing the work of 5 persons: we had declared to the Presse Affaires that he would have needed 4 to 5 assistants. But that help never come.

Feeling exhausted Jean-François Tardif preferred to call for an early retirement. Many professional in finance has to deal with those kind of situation (remember I got fired from BMO Bank of Montreal?). And also, remember Steve Martin who used to be the manager of Creststreet Alternative Energy Fund. What happen? Why Steve Martin is no longer the manager of Creststreet Alternative Energy Fund? Maybe one day we’ll know. See, we learn what happen to Jean-François Tardif at Sprott Inc. So one day, we’ll learn the true about Steve Martin and the Creststreet Alternative Energy Fund. And one day, you’ll know what happen to myself The Dividend Girl at the BMO Bank of Montreal! I am currently working on it!

Anyhow, what a huge mistake coming from Eric Sprott not to answer positively to Jean-François Tardif!

This year 2010 Sprott Inc. special dividend was a lot less because without Jean-François Tardif, Eric Sprott lost a lot of money. I hope investors had been smart enough to sell everything they hold at Sprott Inc.

On date of today, I hold more than 500 stocks of Sprott Inc. (SII). I also unfortunately hold a bit more than 5 000$ in the Sprott Canadian Equity Fund. If I sell those assets now, I am going to loose some money. But I am at a point where I seriously think about selling my stocks of Sprott Inc. (SII) and the parts I hold of Sprott Canadian Equity Fund for the simple and good reason that Eric Sprott is not a good investor. His Sprott Canadian Equity Fund is one those mess. I lost more than 2000$ in it. Why? I did very well myself with my investments in JE.UN, FTS, BNS and so on. So why can a professional do better than making me loose some money? Fact is, Eric Sprott is no longer who he used to be. Especially after the episode of Jean-François Tardif. Eric Sprott doesn’t even deserve the respect of investors.

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.