Will I have financial trouble among the way?

This is it, but I knew it, my weekend job is coming to an end. Usually, spring and the summer are among their real busy months, but this year, seems like major contracts had been assigned to other companies and well, I may not be working at my weekend job until September. I am working this weekend. Today I came back from work and was tired. Yesterday, I went watched La Compagnie Créole at the Francopholies (a Montreal French festival) and it was really great. After their show, there was other shows, like Xavier Caféine that I wanted to see, but I was way too tired and remember, I have no more metro pass so after the show of La Compagnie Créole, I have to walk back home, around 45 minutes I guess but still. I just wake up, around 2 hours of sleep and here I am, looking at my overall situation and my investment portfolio.

I am not making that of a salary but I always been able to manage everything that could happen to me, financially speaking. And here am I, soon without my weekend job. Not that I was making that much money, but I knew the work and the salary I was earning allow me to pay my rent, among other. With that job plus my daytime job, I have to say, everything was working perfectly well. I taught maybe I was going to have work for July, but it might not be. Even for next week, I am on « stand by » I was told, so I will see what happen. In a certain way, I just cannot wait to spend my weekend at doing stuff I want. Montreal is really great in the summer (despite the Quebeckers lol) and the Jazz Festival is coming really soon! Many great bands. I don’t know most of the band that are coming to play, if not just Lionel Richie. The ticket is a bit expensive for me so I won’t see him. BUT I will be seeing the free shows and maybe one show at the Astral, new theater, very great. It will change to see shows always standing on my 2 feet. That can be quite exhausting after a couple of hours, especially after a day spends at wok. Last year, I wasn’t able to see too much shows of the Jazz Festival as I was working during the evening. But now, I will be able to go see all the shows I want.

Even if I am out of a weekend job, I will be able to make ends meet. I will be missing the money and I will definitively not be able to make any new investment in the upcoming weeks but – can’t you imagine the freedom of not working 2 days in a row? I had been working during the weekend non stop from January to June now, which makes 6 months. From what I had experiment so far with my weekend job, I am always getting out of work every 6 months or so. Which mean that my time had come...

So now, I am stock in a position where I want some free time (2 days off in a row, think about that! lol) and reaching my financial goal, which is to reach 100 000$ in assets in case you don’t know lol – and all that by the end of 2010. But if it doesn’t happen, it won’t be the end of the world either. At this time, I am pretty more into free time than getting involved in a job search. So what’s going to happen to the Dividend Girl? Am I going to survive? And the big question: will I have financial trouble among the way? That’s all depend.

Let’s take a look at my budget.

This is my real frugal budget for the upcoming month:

Rent: 545$
Internet: 50$
Student loan: 99$
Credit card 1: 50$
Credit card 2: 26$
RSP loan: 108$
Credit line number 1: 150$
Credit line number 2: 100$
TOTAL: 1 133$

Yeah, I know……. Quite some money!

I will be making 250$ in payment on my credit lines. That money can be withdraw and use for other things in case of need. But of course, might be a good idea to take just in case of real needs.

Let’s say, anyhow:

1 133$ - 250$ = 883$

883$ is the amount of money going to rent and minimum credit card payments. I can handle this amount of minimum require. And of course, no metro pass… sniff sniff… lol.

And what about groceries? You know, like eating food oh lollllllll! I didn’t forget about it. I put myself on a 40$ grocery per week, for an amount of 160$ per month….

883$ + 160$ = 1 043$

At 1 043$, I will be able to meet ends without selling any of my investment. I will also be able to save around 300$ in cash each month also…

The hilarious part is the 160$ spend on groceries. Will I be able to spend as low as 30$ per month on groceries? Guess I am having no choices! Perhaps, this is just so the perfect time to begin a diet and finally loose that baby fat! Just soooo the perfect timing, just 2 months before my birthday. I may fit in a bikini by than, who knows? And if it happens, I promise a picture! LOL!!!!!!!!!! Time to watch out, the Dividend Girl getting ready to fit in a bikini. And a real small one! lol! Can you imagine, 120$ in grocery per month??? No more Second Cup coffees, that’s for sure.

Anyhow, as I am getting all excited, I have real good news for my old colleagues of BMO Bank of Montreal: Wal-Mart is going to offer banking services all across Canada at a super low price! Isn’t great? BMO Bank of Montreal will stop being ripped off by incompetents! Say hello to Wal-Mart, say hello to tiny little banking fees (and my tiny bikini)! Hurrah to Wal-Mart! The summer is going to be HOT. Real hot!

Ok……. REWIND, let’s go back to my very own personal financial situation.

Just to say quickly that I will be living on that kind of difficult budget until my weekend job come back or until I find another job. But for now, just thinking about having the upcoming weekends just all for myself make me feel happy. At a point, I could also cash in my dividend if I want to have a bit more comfortable living to bring an around 360$ extra in the house per month. But at this time, everything stay the same, and the 100 000$ assets goal stay on « stand by ».

I had received this weekend 14.42$ in dividend from Pengrowth Energy Trust (PGF.UN) and earned one extra unit. For the month of June so far, I am at 229.34$ in dividend earnings and for 2010 so far, I am at 1 590.64$. Very far behind the Dividend Lover who is at close to 19 000$ in dividend earnings (check that out!), but when it come to dividend, I compete with my own little self, not with the big guys like Dividend Lover. You know, got to keep it real.

Of course I wasn’t planning living on a so tight budget ever in my life but my laid off of BMO Bank of Montreal wasn’t plan either. (!!!!).

And what else? Just one last thing!

I had close to 8 000$ at 4.5% in a credit card balance transfert that’s going to end in October and an exact 1 273.88$ at 3.5% ending in September… After what, the interest rate will be of 19% or somehing like it… We might be only in June, but time pass by so quickly... and September and October are not that far away… So what are the alternatives?

-Pray God to be target for a credit card balance transfert at low interest.
-Ask TD for a credit line increase.
-Check out at RBC for a credit line.

Yep………… DIFFICULT isn’t?

Why having it simple and nice when everything can be complex and……. so difficult lol……… It’s going to be a very fun summer! I am still in search of a solution at this time.

A gain of 537.80$ for my non registered investment portfolio

My investment portfolio is now at 47 281.72$, which represent a gain of 537.80$ compare to my latest update. I didn’t have time to update my portfolio. I am trying very hard to do some extr hours at my job. Only problem – too many calls. So many calls, that I don’t even have time to catch my breath between calls. And of course, this exhaust me even more. I wonder for how long it will keep going on. I really cannot wait for the weekend! I hope there will be work for my at my weekend job because belive it or not, I now have around 700$ accumulated on my RBC Visa. It’s because of the shopping of last month. I will be able to pay off this credit card by July 2, before facing the interest… My RBC Visa is the card I use for my everyday purchases – including shopping. So everything calculated all together make this huge balance.

Good news! Premium Brands Holdings Corporation (PBH) had announced yesterday a 0.294$ per stock dividend for June 30. Strangely, I was doing search on Premium Brands Holdings Corporation to chech how in world the stock keep loosing value: from a fabulous 14$ or so to not even 13$... What’s going on? I was thinking about selling. But now that the company had announced a dividend……… which mean money in the house right (58.80$) – I won’t sell Premium Brands Holdings Corporation.

The DRIP for Pembina Pipeline Income Fund (PIF.UN) is back!

I received 3 brand new units from Pembina Pipeline Income Fund (PIF.UN) DRIP, for a total of 54.08$. Also, I had received Yellow Pages Income Fund (YLO.UN) dividend (29.41$) and Corby Distilleries Limited (CDL.A) dividend – 14$. After the DRIP, I had left 19$ in cash, which I use 2 days agot o go to the moviie. My paycheck for today is only of 648.02$. So whatever money is welcome. Looking forward for a better paycheck in 2 weeks, how about 800$ or 1 000$? But it will all depend on how mnay hours I can support working without risking my mental health (yes, there’s that many calls!!!!) lol.

The weekend quickly pass by

It’s been a quiet weekend as I work all weekend long – again lol. But I won’t complaint, as I needed the money. See I received my TFSA over-contribution penalty paper. I need to pay an amount of 75$. I had made an over-contribution that last for less than a month last year. But even there, a penalty needs to be paid and I have to say, I was upset when I open up that letter. Look like a part of the money I had put aside will go as penalty payment.

Anyhow, my life is not all of bad news. I calculated my overall investment portfolio value this Friday and I only lost around 200$. I am currently at 86 832.62$. I wanted 90 000$ for July. I may be able to make it if the value of my investment rises a bit. Luckily, I might be able to make a 2 000$ investment. Why? Because there’s O-V-E-R-T-I-M-E available at my job, full open, not like last time. So get ready for the 50 hours per week! I am even having problem to reach the 35 hours per week right now lol but I am ready to push it a bit further. See, every single time I am thinking about job searching, something happen. This time, its overtime. In those difficult times, I prefer to stick to what I already have and do overtime. So this is how life goes for now.

My stock investment portfolio in date of June 11, 2010

Savings:
1 000$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 1 812.80$
Timminco (TIM): 102$
Blue Note Mining (BNT): 30$
Bank of Nova Scotia (BNS): 5 304.24$
Hanwei Energy Services (HE): 123$
Methanex Corporation (MX): 2 263.94$
Fortis (FTS): 2 925.60$
Pembina Pipeline Income Fund (PIF.UN):
7 300.80$
Just Energy Income Fund (JE.UN): 9 676.81$
Yellow Pages Income Fund (YLO.UN):
2 703.33$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 543$
Pengrowth Energy Trust (PGF.UN): 2 051.76$
Enbridge Income Fund (ENF.UN): 4 101.30$
Corby Distilleries Limited (CDL.A): 1 570$
Davis + Henderson Income Fund (DHF.UN):
1 641$
Premium Brands Holdings Corporation (PBH):
2 594$
Cash: 0.34$

TOTAL: 46 743.92$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 646.75$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 840$
Sprott Canadian Equity Fund:
5 033.67$
Dumont Nickel Inc. (DNI): 373.75$
Cash: 54.09$

TOTAL: 9 948.26$

RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 3 748.42$
EnCana Corporation (ECA): 3 463$
Emera Incorporated (EMA): 5 052.02$
Cash: 9.67$

CIBC Dividend Growth Fund: 492.13$
CIBC Emerging Markets Index Fund: 387.48$
CIBC Monthly Income Fund: 988.84$

Energy and Base Metals Term Savings (Indexed term savings): 546.25$
Natural Resources Term Savings (Indexed term
savings): 502.06$

GIC National Bank: 1 170$
GIC Plus: 500$

TD Canadian Bond: 113.96$
TD Monthly Income: 103.44$
TD Emerging Markets: 75.98$
TD Energy: 80.81$
TD Precious Metals: 109.61$
TD Latin American Growth: 89.08$
TD Entertainment and Communications: 102.70$
TD Dividend Growth: 194.79$
TD U.S. Mid-Cap Growth: 98.66$

Maritime Life International Equity Fund
(Templeton): 570.91$
Manulife Simplicity Growth Portfolio: 823.74$
Maritime Life CI Harbour Seg Fund: 980.35$
Maritime Life Fidelity True North Seg Fund: 941.66$
Maritime Life Trimark Europlus Seg Fund: 552.60$

Great-West – various: 1 753.62$

RBC Canadian Dividend Fund: 499.39$
RBC U.S. Mid-Cap Equity Fund C$: 1 749.67$
RBC Global Resources Fund: 817.95$
RBC O’Shaughnessy International Equity Fund:
531.37$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 001.85$

GIC Canadian Market: 1 000$

TOTAL: 29 052.01$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(48.43$):
86 832.62$

My investment portfolio in date of May 31, 2010

Savings:
1 000$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 1 925.12$
Timminco (TIM): 114$
Blue Note Mining (BNT): 34$
Bank of Nova Scotia (BNS): 5 114.50$
Hanwei Energy Services (HE): 141$
Methanex Corporation (MX): 2 242.31$
Fortis (FTS): 2 830.80$
Pembina Pipeline Income Fund (PIF.UN):
7 280$
Just Energy Income Fund (JE.UN): 9 714.99$
Yellow Pages Income Fund (YLO.UN):
2 822.40$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 570$
Pengrowth Energy Trust (PGF.UN): 2 078.54$
Enbridge Income Fund (ENF.UN): 4 126.10$
Corby Distilleries Limited (CDL.A): 1 520$
Davis + Henderson Income Fund (DHF.UN):
1 687$
Premium Brands Holdings Corporation (PBH):
2 700$
Cash: 5.69$

TOTAL: 46 906.45$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 691.30$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 884$
Sprott Canadian Equity Fund:
5 200.36$
Dumont Nickel Inc. (DNI): 373.75$
Cash: 54.09$

TOTAL: 10 203.50$

RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 2 210$
EnCana Corporation (ECA): 3 324$
Emera Incorporated (EMA): 4 862$
Cash: 1 535.97$

CIBC Dividend Growth Fund: 494.21$
CIBC Emerging Markets Index Fund: 439.66$
CIBC Monthly Income Fund: 994.95$

Energy and Base Metals Term Savings (Indexed term savings): 546.25$
Natural Resources Term Savings (Indexed term
savings): 502.06$

GIC National Bank: 1 170$
GIC Plus: 500$

TD Canadian Bond: 114.22$
TD Monthly Income: 103.91$
TD Emerging Markets: 77.14$
TD Energy: 79.37$
TD Precious Metals: 109.79$
TD Latin American Growth: 87.23$
TD Entertainment and Communications: 104.27$
TD Dividend Growth: 195.95$
TD U.S. Mid-Cap Growth: 99.82$

Maritime Life International Equity Fund
(Templeton): 583.33$
Manulife Simplicity Growth Portfolio: 831.14$
Maritime Life CI Harbour Seg Fund: 978.12$
Maritime Life Fidelity True North Seg Fund: 948.76$
Maritime Life Trimark Europlus Seg Fund: 547.19$

Great-West – various: 1 753.62$

RBC Canadian Dividend Fund: 502.59$
RBC U.S. Mid-Cap Equity Fund C$: 1 766.23$
RBC Global Resources Fund: 845.31$
RBC O’Shaughnessy International Equity Fund:
538.69$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 003.68$

GIC Canadian Market: 1 000$

TOTAL: 27 582.60$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(43.45$):
87 042.86$

Putting some money aside just in case

So far, I had been free as a bird, investing, borrowing to invest, and doing whatever I wanted with my money. But its looking like things are… changing and suddenly, putting cash aside on an emergency fund seem a lot less boring now. My weekend job will continue for the month of June. As for the month of the July, it’s not that sure. Right there, it’s making 650$ less in my pockets. Currently, I have somewhere around 850$ in cash. And for the first time since a very long time, the cash might remain in my account. Actually, the cash won’t exactly remain in the banking account, it will go as payment on my TD credit line (remember, the one at 8%....... that now turn to be at 8.25%!!!!).

I went to pay my BMO Bank of Montreal credit line and as usual, I wasn’t well-served. I want to the branch located on St-Catherine, right downtown, near the Eaton Centre. I really hate that branch because before seeing a cashier, you have to print a stupid little piece of paper on where you find a number and customers are being served following the number they get. I don’t even understand why a branch will get that stupid system, just felt like I was going to renew my driver license. But that wasn’t the purpose of my visit. Anyhow, I went to that branch because on my way. Why did I hate the service? Well you know, those Quebeckers, always wanted to show you they know everything. I simply ask the cashier what was the minimum I needed to pay on my credit line. And there she began to talk. And you know, those Quebeckers, I hate them even more when they actually talk to me directly, thinking maybe I am one of them. So the cashier continue her talk unfortunately, and begin to show me the screen of her computer, saying the number printed on the receipt is not the number that appear on the actual credit line card… Like what the hell! Don’t you think I didn’t notice that before? I mean, BMO Bank of Montreal banking services are so disgusting: made by Quebeckers FOR Quebeckers ONLY lol!

I have to say, I am pretty happy with TD Canada Trust, a « real » Canadian bank and the best Canadian bank in Canada. Even with a so-so job situation, even after I had being laid off from my BMO Bank of Montreal job, TD Canada Trust had giving me a credit line of 10 000$ from my RSP loan. I will be forever grateful to people of TD for giving me that 10 000$ loan. Why? Because I have a chance to hit the magic 100 000$ in assets by the end of 2010. The chance is slim, but there’s still a possibility and it’s actually the only reason why I wanted to get a RSP credit line on the first place. The person who took my loan request at TD was an Arabic man. I love Arabic, I love black guys, Chinese, Asians…….. But don’t ask me to do business with a real Quebecker white born in Quebec, because nothing works between me and Quebeckers. I just can’t explain it. It’s just there.

One of my readers from BC sends me some pretty hilarious emails sometimes and here’s one of them. I guess he won’t mind. It’s call « The Parking ticket », involving a senior citizens couple:

The other day my wife and I went into town and went into a shop. We were only in there for about 5 minutes. When we came out, there was a cop writing out a parking ticket. We went up to him and said, 'Come on man, how about giving a senior citizen a break?'

He ignored us and continued writing the ticket. I called him a Nazi turd. He glared at me and started writing another ticket for having worn tires. So my wife called him a shit-head. He finished the second ticket and put it on the windshield with the first. Then he started writing a third ticket. This went on for about 20 minutes. The more we abused him, the more tickets he wrote.

Personally, we didn't care. We came into town by bus and the car had a Quebec sticker. We try to have a little fun each day now that we're retired. It's important at our age

What do you think? Pretty funny isn’t?

I got fired from BMO Bank of Montreal less than 3 months after being hired from them. I actually got fired after getting a 5 000$ credit line and 4 000$ credit card. Not only did I get treated unfairly; put so did a friend who got fired at the time of the integration session. BMO Bank of Montreal is one of the worst financial institutions we have in Canada. But great news, its not even a Canadian institution, it’s a « Quebec » institution. So nothing to worry too much about. BMO Bank of Montreal won’t go very far. Trust me. A couple of months ago:

BMO Bank of Montreal got its credit ranking decrease,

BMO Nesbitt Burns employees suit a complaint about their employer, BMO Bank of Montreal who didn’t pay them overtime,

BMO Bank of Montreal got involved in a huggggge mortgage fraud – very good for them – and even more recently,

BMO InvestorLine informatics system got a couple of glitch, costing thousands of dollars to investors who had made the wrong choice, choosing BMO InvestorLine as broker. After all this, come and tell me all this is not in result of my January 2010 laid off from BMO Bank of Montreal? That’s what happen when some of the other, the Quebeckers decide to laid off the result (me of course) of centuries of blood stoppers. That one was pretty ugly isn’t?

But you have to get a straight picture of what’s really going on with BMO Bank of Montreal: Nothing similar is going on with other Canadian banks like TD Canada Trust, RBC, CIBC and so on…. You know the real good ones. Anyhow, look like BMO Bank of Montreal is finally getting the kind of shit it’s deserve. I am just writing about blood stoppers for the fun of it, those things are common in rural New Brunswick. You have to believe in God to believe in blood stoppers and you have to believe in blood stoppers these days if you want to do well on the stock market!

Why am I saying this?

Well, my latest investment, 138 units of Claymore Gold Bullion ETF (CGL) at 10.86$ per unit. This investment was made on June 4th. Today, Claymore Gold Bullion ETF (CGL) had closed at… 11.18$! This represent a profit of 44.16$ within a couple of days! The rest of the portfolio is following the market condition. I am looking forward for gains, TSX point gains. Right now, the stock market is the place to be for small and very small investors like myself! Enough for tonight.

Sprott Inc. (SII) dividend are in the house for June

So far, its been a quiet weekend. I finish my day at work and went shopping for a few things I needed. After, I decided it was time to clean my place… lol. I am feeling much better time just like everytime I clean. It could be easier to clean every week, but I have better things to do! Anyhow, I just have laundry left. So I am working as always this weekend at my weekend job. Its great to have this job because it bring me extra cash. I just worried a bit because there could be no work in a little while so I wonder how it will turn out. I am not into job searching as I am just alright the way I am, but what if there’s no more work at my weekend job? Than, it’s going to be the end of the world. My day time job is stable and my weekend job a bit less, as they work on contracts. I don’t have the best job situation in the world, but I am making enough money to invest from time to time and I enjoy my free evenings. But I think about job searching all the time but I am so busy that I am not willing to get invole in a job search. I didn’t purchase my metro pass for the month of June and it’s easier than I taught it will be. And surprise, I just received today Sprott Inc. (SII) dividend, 12.50$! At least, good news :) Th dividend should DRIP, giving me 4 stocks or around. Yeahhh!

Welcome again Claymore Gold Bullion ETF (CGL) in my online future trading brokerage!

I just invested in 138 new units of Claymore Gold Bullion ETF (CGL) at 10.85$ for my RSP online future trading brokerage! Welcome again Claymore Gold Bullion ETF (CGL)!

Great gains today for my investment portfolio!

My non registered portfolio jump from 46 549.09$ (yesterday value) to a nice 46 900$! Just missing 100$ to reach the 47 000$! I hope the market will finish the week on a positive note. And if so, I will update my investment portfolio. These days, whenever the market is up, I post an update of my portfolio, latest version had been made just a couple of days ago but I cannot help it, whenever the market goes up, I am getting all excited and I have to say, update my portfolio when experimenting some gains can be quite rewarding.

Just Energy Income Fund (JE.UN) & Fortis (FTS) dividend!

I had received Just Energy Income Fund (JE.UN) money dividend (75.53$) and also Fortis (FTS) dividend (29.40$). I earned 6 new units of Just Energy Income Fund and one brand new stock from Fortis. The DRIP really worth it and I really appreciate my new units and stock. Its help creating extra value to my portfolio and since I do not need the cash for now… let’s DRIP!

My job situation is not one of the most comfortable as I lost my sales commissions (around 300$) over something I didn’t do correctly and I have to say, I begin to have enough and I would like to be free as a bird and leave Quebec province behind. FOREVER lol. I just cannot take any more shit from Quebeckers. Yes, stuff could happen to me outside Quebec, but at least, I will certainly feel better being somewhere part of the Constitution and knowing I am dealing somewhere, someplace with real Canadians, with a real sense of a country and values, you know what I mean? Anyhow, my life won’t be forever a land of frustrations, I promised.

RSP money from GIC

As I getting so RICH on dividend (the month of June had just begin that I already received more than 100$ in dividend money) I had received my money from my GIC. I currently hold 1 535.97$ in cash in my RSP broker account! The money had arrived today! Now the question being: in what am I going to invest in? Sooooo many choices! But I decide to invest more in gold by buying more units of Claymore Gold Bullion ETF (CGL). RSP is a perfect place to invest in gold since it’s for a long term investment. And it’s exactly how I view gold investment: buy and hold forever or until needed… Until now, my investment in the Claymore Gold Bullion ETF (CGL) had provided stability to my portfolio and I had been well-served with it. The Claymore Gold Bullion ETF (CGL) had closed today at 10.91$, so I am looking to place an order for 130 units. After what I will have left just a little in cash. That’s the plan. Claymore Gold Bullion ETF (CGL) IS THE investment that will make me rich! And talking about being rich lol, EnCana Corporation (ECA) is way too hot right now! EnCana is almost at 35$ per stock! Just very awesome! It’s all about buying quality like you know who!

And who’s the who?

It’s Derek Foster! I guess Derek Foster is taking care of business before hitting the road with his bunch of little kids and splendid Amazon wife lol! I am saying this because Derek Foster had announced a cross-country trip with his family this summer! That’s nice, but because of Derek Foster, I am in BIG TROUBLE!! Derek Foster has sold out his units of The Consumers’ Waterheater Income Fund without telling anyone!!! What a nightmare! Ok, this is just a joke right. But fact is, Derek Foster had sold his The Consumers’ Waterheater Income Fund! Does it mean we should all sell our The Consumers’ Waterheater Income Fund units? I don’t think so. Derek Foster is dealing with much more huge sum of money that most people do and that allow him to do strategic moves and so on. I had been following The Consumers’ Waterheater Income Fund (CWI.UN) and everything is fine with the company. Derek Foster may have sold his units, but I won’t sell mines. Why? Because the dividend is fun, I had received last time just a bit more than 20$ in dividend from The Consumers’ Waterheater Income Fund (CWI.UN) and that’s what I am personally looking for: dividend! For small investors like myself, if Derek Foster would write an investor letter and not a news letter, it would be very difficult to follow. Why? Well Derek Foster seems to be healthier financially than ever. Derek Foster decided to stick to EXTREMELY HIGH quality stocks. But high quality stocks = a lot of $$$, and not necessary a lot of dividend money payout. And guess what, this week, I had received 650$ in paycheck. Not a penny more lol. So can you please tell me how in the world am I going to be able to follow Derek Foster every investment moves? That might actually never going to happen. With my retirement plan at 1 000$ per month in dividend, trust me, life is going to be frugal lol. But that’s because it’s exactly what I want. So for now, I am holding on The Consumers’ Waterheater Income Fund (CWI.UN) and enjoying the rewarding dividend.

Anyhow, it’s always fun to hear about Derek Foster and if you don’t have a clue who in the world is Derek Foster, you can click here.

Tomorrow is Friday and I just can’t wait.

June 2, 2010: Getting good result from recent TSX gains

No one can tell what tomorrow will be made off but today, the stock market had gain interesting points! My portfolio slowly recover from its loss and I have too say, I am very happy about it! My non registered stocks and units portfolio is currently at 46 549.09$. It’s seem like my overall portfolio is in better shape, just like myself….

For a second month in a row, I am going without a metro pass and when its raining outside, I tell myself: I am not made of chocolate! Short post but I am exhausted. I am waiting for my 1 200$ and something RSP transfer. I am hoping for a gold investment in Claymore rather than Just Energy Income Fund (JE.UN). Going to talk later on my new gold investment when the money will be there for real in the RSP account. Just can't wait! The money had disappeared from my RSP banking account, so I guess its a good sign, the money is going to be in my broker account real soon. So just good news for now.