Just Energy Income Fund (JE.UN): growing stronger than ever

September had been a good month for the TSX. We close the day a 5 points. Today, something very special happen: Just Energy Income Fund (JE.UN) had reached 15$ per unit! Can you imagine the effect on my portfolio? I currently own 753 units of that darling! Just Energy Income Fund (JE.UN) had finally closes the day at 14.85$! This is quite something as it’s the first time ever Just Energy Income Fund (JE.UN) is reaching 15$ per unit. So this is quite an achievement for Just Energy Income Fund (JE.UN). But you didn’t see anything yet! In the past couple month, Just Energy Income Fund (JE.UN) had acquired companies based in the US. This actually means that Just Energy Income Fund (JE.UN) profit is going to exceed the investors expectations.

Ok, I may going a bit fast here, but this is exactly what’s going to happen and when you’ll get gigantic profit from Just Energy Income Fund (JE.UN) well, remember, you have read it first on myfirst50000! Be ready, Just Energy Income Fund (JE.UN) is going to reach the 17$ per unit very very soon! So if you want to get a taste of Rebecca MacDonald success, buy her Just Energy = $$$.

Just Energy had been a good performer, but I hold other great stocks performer in my investment portfolio. Fortis (FTS) is now at more than 30$ per stock. Remember Methanex (MX) that I buy at 15$? Well, Methanex (MX) is now at over 20$ per stock. Enbridge Income Fund (ENF.UN) close the day at more than 15$ for the first time ever, from what I had notice… So all great things going on right now! Looking good for a first 105k very soon.

Searching for a winner stock pick? Go for EnCana Corporation (ECA)

It’s very hard to believe that another month had passed by! So quickly! Working 7 days a week give you the advantage of not seeing the time passing by. I have to say, I find it quite hard to catch my breath and keep it in control sometimes. I had received many dividend payments today! They are:

The Consumers’ Waterheater Income Fund (CWI.UN): 22.24$
Corby Distilleries Limited (CDL.A): 28$
Methanex Corporation (MX): 16.12$
Davis + Henderson Income Fund (DHF.UN): 15.33$

My non registered stocks and units portfolio is currently at a fantastic 61 064.70$, which represent a gain of 378.32$ compare to yesterday! Why the value had raised that much? It’s because of my investment in EnCana Corporation (ECA).

Back in August 31, 2010, I had invested in 200 stocks of EnCana Corporation (ECA) at 29.44$ per stock. Today, EnCana Corporation (ECA) had closed the day at a fabulous 31.09$! And this is only the beginning of a long successful road with EnCana Corporation (ECA). I am expecting EnCana Corporation to increase in value in the upcoming weeks.

I am now at 104 443.05$

Wow, hard to believe I am on the road for my first 105k! Very beautiful thing happen in my portfolio. First, I would like to point the attention on the Sprott Canadian Equity Fund. I originally invest 7 000$ in the Sprott Canadian Equity Fund. A first 5 000$ just before the stock crash of 2008, when the Sprott Canadian Equity Fund units were at it’s highest. I later on invested another 2 000$ when the Sprott Canadian Equity Fund units were around 27$. On date of September 29, my investment in the Sprott Canadian Equity Fund is now at 6 060.64$. Believe it or not. Which mean that I almost totally recover form my lost in the Sprott Canadian Equity Fund. I plan to let my money in the fund and see it grow. I had been stupid enough to write some very bad things about Eric Sprott and Sprott Inc. (SII) and the Sprott Canadian Equity Fund because I was very upset about the money I had lost in Timminco (TIM), Sprott Inc. (SII) and also in the Sprott Canadian Equity Fund itself.

Despite difficult economic conditions, the Sprott Canadian Equity Fund delivers extremely well. Take a look for yourself here. I might have been stupid enough to write all kind of bad comments about Sprott, but I wasn’t stupid enough to sell my units hold in the Sprott Canadian Equity Fund lol! Or any of my Sprott Inc. (SII) or even Timminco but hey, Timminco, it’s a different story.

I might never be able to recover from my lost in Timminco (TIM) BUT the money made in the Sprott Canadian Equity Fund will help me to recover from money lost in Sprott Inc. (SII) and Timminco (TIM). So I basically forgive Eric Sprott for being who he is. lol!

Just to talk about something else, I had received 30.34$ from Enbridge Income Fund (ENF.UN) today.

EnCana Corporation (ECA) is slowly growing. I would like EnCana Corporation (ECA) to reach a good 30$ and up, if not more, as soon as possible please.

Isn’t so lovely, that investment portfolio of mine?

I call TD Waterhouse today because I am thinking about opening a margin account just to pay off my TD line of credit that is at more than 8% in interest rate. I would use the money to pay off that debt. Currently, my TD credit line is almost paid off, but that money will soon go as payment on my TD Visa, which credit card balance transfer at less than 5% is going to expire in January… Yes, my credit life is complicated but at the end, I am able to get what I want. Holding debt was the only way I had to reach the 100k during the year 2010.

My question to TD Waterhouse was the following: is a credit evaluation is needed to open a margin account? The answer was yes. I am still confused about margin but I would use the money at 3.5% interest rate to save on product I have at a higher interest rate. I would like to save on the interest I am paying on my debt. I deserve it. After all, I am an investor. ;)

My investment portfolio in date of September 29, 2010

Savings:
1 748.58$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 2 626.26$
Timminco (TIM): 75$
Blue Note Mining (BNT): 50$
Bank of Nova Scotia (BNS): 5 863.60$
Hanwei Energy Services (HE): 120$
Methanex Corporation (MX): 2 611.05$
Fortis (FTS): 3 462.52$
Pembina Pipeline Income Fund (PIF.UN):
8 670$
Just Energy Income Fund (JE.UN): 10 895.91$
Yellow Pages Income Fund (YLO.UN):
2 539.20$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 610$
Pengrowth Energy Trust (PGF.UN): 2 385.60$
Enbridge Income Fund (ENF.UN): 4 929.35$
Corby Distilleries Limited (CDL.A): 3 120$
Davis + Henderson Income Fund (DHF.UN):
1 877$
Premium Brands Holdings Corporation (PBH):
2 792$
EnCana Corporation (ECA): 5 982$
Cash: 76.86$

TOTAL: 60 686.38$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 775.06$
The Consumers’ Waterheater Income Fund
(CWI.UN): 2 064.12$
Sprott Canadian Equity Fund:
6 060.64$
Dumont Nickel Inc. (DNI): 330.63$
Cash: 63.81$

TOTAL: 11 294.26$

RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 3 985.02$
EnCana Corporation (ECA): 2 991$
Emera Incorporated (EMA): 6 030.24$
Cash: 38.08$

CIBC Dividend Growth Fund: 519.10$
CIBC Emerging Markets Index Fund: 445.65$
CIBC Monthly Income Fund: 1 016.33$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 192.64$
GIC Plus: 500$

TD Canadian Bond: 118.66$
TD Monthly Income: 107.52$
TD Emerging Markets: 89.24$
TD Energy: 82.94$
TD Precious Metals: 133.29$
TD Latin American Growth: 102.34$
TD Entertainment and Communications: 115.31$
TD Dividend Growth: 199.87$
TD U.S. Mid-Cap Growth: 105.35$

Maritime Life International Equity Fund
(Templeton): 646.66$
Manulife Simplicity Growth Portfolio: 874.45$
Maritime Life CI Harbour Seg Fund: 997.82$
Maritime Life Fidelity True North Seg Fund: 974.70$
Maritime Life Trimark Europlus Seg Fund: 625.84$

Great-West – various: 1 753.62$

RBC Canadian Dividend Fund: 522.78$
RBC U.S. Mid-Cap Equity Fund C$: 1 797.36$
RBC Global Resources Fund: 944.06$
RBC O’Shaughnessy International Equity Fund:
633.74$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 087.25$

GIC Canadian Market: 1 000$

TOTAL: 30 636.38$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(37.45$):
104 443.05$

New Brunswickers had spoken: New Brunswick to New Brunswickers, bye bye Shawn Graham!

I finish work early today to go for groceries. I just find out that a good colleague of mine is leaving Montreal for Toronto. He’s not the first one that I know moving to Toronto. These days, everyone seems to be leaving Montreal. People leaving Montreal for Toronto are ambitious workers, looking for more opportunities. I think that Quebec province is really getting now that bad reputation of corruption and favoritism and honest workers are getting annoy and have enough. It’s something I can truly understand. We are paying too much of that Quebec provincial taxes for nothing at all. No access to health cares what so ever. Extremely poor educational system as well. And people are aware of that.

Young people of my age are extremely aware and when it time to consider ways to accomplish something in there life, well, they don’t hesitate very long: they leave for Toronto. Like the guy I spoke to told me that here, he was feeling like he wasn’t going anywhere and stuff. So he decided to move to Toronto and he will begin a university degree in January. So I wish him good luck and I wish him well. And than he told me that I should move to Toronto too. Me in Toronto? lol….. Despite everything that happens to me here, I like Montreal a lot. Nothing is working correctly here for me, but at least, I had reached my investment goal. And what if my live in Toronto would be even worst that what I am currently living here in Montreal? Worst, I don’t know for sure, but it could be better. Maybe. But I am not planning to move for now but it’s definitively something I am keeping in the back of my head. As an idea you know. And maybe for once in my life I will take some English course. What about that? lol…

I am not living happily in Montreal but I am not totally unhappy and sad either. It’s more like a I-don’t-like-Quebeckers-and-you-don’t-like-me-either kind of situation. But eventually, I am not going no where. Absolutely no where.

Anyhow, as you may know, today was an election day in my native New-Brunswick land. And New Brunswickers know how to vote, trust me on that! Not that I am that of a Tories fan, but hey, we didn’t have any choices, Shawn Graham shouldn’t have try to sell NB Power to a bunch of stupid Quebeckers. See how well is doing Jean Charest right now? Jean Charest will soon spend some prison time and he’ll be followed by Brian Mulroney who’s going to finish his days in prison. We are talking here of 2 different cases here but hey, New Brunswickers had their own voices and I am a New Brunswicker! YES I AM! Everyone in Canada and outdoor have to understand that and I think everyone knows now. Common sense had to remain in New-Brunswick. Nothing has to change. Jean Charest and its little Quebeckers do not have a clue of what New Brunswickers are able of. Even without electricity lol………..yeah! Most of New Brunswickers like myself had nothing against Quebeckers, I think. But it’s just we want to be left alone.

New Brunswickers spoke their minds today: New Brunswick to New Brunswickers ONLY. Simple and clear. Shawn Graham had learned a valuable lesson. No one is going to control New Brunswick other than New Brunswickers themselves. So I am very proud of my people today. This is very honorable day for New Brunswick. It’s just a bit sad that it have to be a Conservative government. I would have preferred NPD better (Jack Layton is soooooo awesome and wonderful!!). Just too bad I couldn’t vote (I am living in Quebec right now).

But life great anyway. Can you imagine, my non registered investment portfolio close the day at 59 930.56$! It’s an increase of 136.15$ compare to September 24… So its look like it’s just keep going and growing! That thing is alive.

I am now at 102 837.70$

This represents an increase of more than 800$ compare to September 20. I really wanted to update my investment portfolio tonight to see how things were going… What a surprise! I am almost at 103k. Going to bed now... I have to wake up early tomorrow and it's almost 2 am......

My stock investment portfolio in date of September 24, 2010

Savings:
1 500$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 2 672.88$
Timminco (TIM): 81$
Blue Note Mining (BNT): 46$
Bank of Nova Scotia (BNS): 5 761.95$
Hanwei Energy Services (HE): 123$
Methanex Corporation (MX): 2 539.98$
Fortis (FTS): 3 320.21$
Pembina Pipeline Income Fund (PIF.UN):
8 542.50$
Just Energy Income Fund (JE.UN): 10 677.54$
Yellow Pages Income Fund (YLO.UN):
2 525.40$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 600$
Pengrowth Energy Trust (PGF.UN): 2 337.30$
Enbridge Income Fund (ENF.UN): 4 834.80$
Corby Distilleries Limited (CDL.A): 3 128$
Davis + Henderson Income Fund (DHF.UN):
1 878$
Premium Brands Holdings Corporation (PBH):
2 820$
EnCana Corporation (ECA): 5 844$
Cash: 61.85$

TOTAL: 59 794.41$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 744.84$
The Consumers’ Waterheater Income Fund
(CWI.UN): 2 080.60$
Sprott Canadian Equity Fund:
5 947.53$
Dumont Nickel Inc. (DNI): 373.75$
Cash: 63.81$

TOTAL: 11 210.53$

RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 3 947.84$
EnCana Corporation (ECA): 2 922$
Emera Incorporated (EMA): 5 779.32$
Cash: 38.08$

CIBC Dividend Growth Fund: 514.01$
CIBC Emerging Markets Index Fund: 439.09$
CIBC Monthly Income Fund: 1 005.64$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 192.64$
GIC Plus: 500$

TD Canadian Bond: 117.81$
TD Monthly Income: 106.59$
TD Emerging Markets: 87.96$
TD Energy: 81.20$
TD Precious Metals: 131.17$
TD Latin American Growth: 99.76$
TD Entertainment and Communications: 113.68$
TD Dividend Growth: 198.40$
TD U.S. Mid-Cap Growth: 103.73$

Maritime Life International Equity Fund
(Templeton): 643.31$
Manulife Simplicity Growth Portfolio: 865.09$
Maritime Life CI Harbour Seg Fund: 991.15$
Maritime Life Fidelity True North Seg Fund: 969.94$
Maritime Life Trimark Europlus Seg Fund: 622.48$

Great-West – various: 1 753.62$

RBC Canadian Dividend Fund: 517.90$
RBC U.S. Mid-Cap Equity Fund C$: 1 780.62$
RBC Global Resources Fund: 928.43$
RBC O’Shaughnessy International Equity Fund:
624.13$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 067.28$

GIC Canadian Market: 1 000$

TOTAL: 30 148.39$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(144.37$):
102 837.70$

My French blog project about Nelly Arcan

I just complete a Web site had been working on for a while. It’s in French, and this is my first ever French blog. So hope your going to like it. My blog title is: L’espace romanesque dans l’œuvre littéraire de Nelly Arcan (1975-2009). I kind of make it fast. Today commerate the first year of the death of Nelly Arcan. Her first novel had been translated in English. My favorite Nelly Arcan novel is À ciel ouvert. Great reading if you can read French.

I am now at 101 976.02$

… and I am doing way much better now than a couple of days ago. I went see The Town of Ben Affleck. Very good movie, nice viewing. Ben Affleck is very good as well as all the other actors in their gangster roles.

Last Friday, it was crazy, I was burned out. So many calls, so many customers that needed to be answer. And it doesn’t seem it’s going to stop anytime soon. Those are very good news because there was an announcement saying there should be overtime for the next 4 to 5 weeks… yeah… but after that, it will be Christmas season… so watch out again! Again, many many many calls or I guess so. And Hello overtime! Yep, there’s currently overtime available. I will do my best to do some, but it’s very difficult for me. Today I did a 9 hours shift and I left. For tomorrow, I will see. My investment portfolio is doing very well. I have no choice than to update it and that’s what I am currently doing right now. A TSX pass 12 000 points? Very awesome! And awesome result for my investment portfolio! Nothing is magic. I know my portfolio is doing well because the index is score at more than 12 000 points. One does not come without the other.

I am very happy with Premium Brands Holdings Corporation (PBH) who had now exceed the 14$ per stock. At a point, I taught about selling my stocks of Premium Brands Holdings Corporation (PBH) because I wasn’t seeing any good results. And than I decide to stick to Premium Brands Holdings Corporation, because I was receiving some dividend today. I always kept in mind the good worlds of Jean-François Tardif on Premium Brands Holdings Corporation (PBH) and now, my patience had paid off.

It’s very difficult to stick to a stock, wondering if it’s not just better to sell and buy some extra Claymore Gold Bullion ETF (CGL) or… what? What to do? Good for me, I am not a huge investment seller and it paid off. Like that stick and hold idea of Derek Foster is really working well for me!

Sprott Inc. (SII) had done over the 4$ per stock. My Consumers’ Waterheater Income Fund (CWI.UN) had exceeded the 5$ per unit… Like WOW! The Consumers’ Waterheater Income Fund (CWI.UN) is performing well with or without Derek Foster lol (this being said because a couple of months ago, Derek Foster had sold his The Consumers’ Waterheater Income Fund (CWI.UN) units). Did you know? But I didn't sell mine!!!

All those mix together, I am now very close to the 102k. And voilà. I cannot say more. Very happy.

My investment portfolio in date of September 20, 2010

Savings:
1 500$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 2 382.80$
Timminco (TIM): 86$
Blue Note Mining (BNT): 42$
Bank of Nova Scotia (BNS): 5 720.22$
Hanwei Energy Services (HE): 120$
Methanex Corporation (MX): 2 618.26$
Fortis (FTS): 3 303.09$
Pembina Pipeline Income Fund (PIF.UN):
8 415$
Just Energy Income Fund (JE.UN): 10 654.95$
Yellow Pages Income Fund (YLO.UN):
2 516.20$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 580$
Pengrowth Energy Trust (PGF.UN): 2 276.40$
Enbridge Income Fund (ENF.UN): 4 866.40$
Corby Distilleries Limited (CDL.A): 3 100$
Davis + Henderson Income Fund (DHF.UN):
1 825$
Premium Brands Holdings Corporation (PBH):
2 830$
EnCana Corporation (ECA): 5 848$
Cash: 37.68$

TOTAL: 59 222$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 747.10$
The Consumers’ Waterheater Income Fund
(CWI.UN): 2 076.48$
Sprott Canadian Equity Fund:
5 859.713$
Dumont Nickel Inc. (DNI): 359.38$
Cash: 63.81$

TOTAL: 11 106.48$

RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 3 890.38$
EnCana Corporation (ECA): 2 924$
Emera Incorporated (EMA): 5 691.60$
Cash: 38.08$

CIBC Dividend Growth Fund: 514.95$
CIBC Emerging Markets Index Fund: 436.24$
CIBC Monthly Income Fund: 1 006.41$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 192.64$
GIC Plus: 500$

TD Canadian Bond: 117.21$
TD Monthly Income: 106.92$
TD Emerging Markets: 87.04$
TD Energy: 81.30$
TD Precious Metals: 130.36$
TD Latin American Growth: 98.89$
TD Entertainment and Communications: 112.36$
TD Dividend Growth: 199.95$
TD U.S. Mid-Cap Growth: 103.04$

Maritime Life International Equity Fund
(Templeton): 635.05$
Manulife Simplicity Growth Portfolio: 861.27$
Maritime Life CI Harbour Seg Fund: 986.66$
Maritime Life Fidelity True North Seg Fund: 974.81$
Maritime Life Trimark Europlus Seg Fund: 610.56$

Great-West – various: 1 753.62$

RBC Canadian Dividend Fund: 520.26$
RBC U.S. Mid-Cap Equity Fund C$: 1 785.39$
RBC Global Resources Fund: 923.41$
RBC O’Shaughnessy International Equity Fund:
613.07$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 065.95$

GIC Canadian Market: 1 000$

TOTAL: 29 966.94$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(140.60$):
101 976.02$