My investment portfolio is now at 53 167.02$

When I saw the value of PGF.UN jumping to more than 7 000$, I knew my investment value was going up and I couldn’t wait to see how much was now my value. My investment portfolio currently worth 53 167.02$. Compare to September 20, by portfolio is up of 736.15$! Yeah! I am only missing 1 832.98$ before hitting the 55 000$. Ever in my life I taught I could reach the 50 000$ in assets! The whole my first 50 000$ concept was kind of a joke, even if I was blogging seriously about it. And what’s getting fun now is that I am pass the 50 000$, it’s now the first 55 000$ and after that, the first 60 000$ and so on..

It’s looking good for the first 55 000$, which I might be able to reach with my next investment – which could be in December if I am lucky. I want 100 units of PIF.UN. At this time, I only have my evening job and doing overtime had exhausted me at some point. Not that the job is difficult, but at a point, spending so many hours at work instead of home make me felt anxious and tired. Just debts of mine are killing me. In 2 weeks, I will be able to pay off what I want to pay.

I am just curious to see if work is available at my weekend job. If not, I won’t cry. I am very tired at this point. Like each time, overtime come at the last minute and I never have time to catch up, difficult to do so many hours in a short period of time. At this point, I might be missing about 10 hours to get the 1 100$ in paycheck (after taxes). Tomorrow, laundry day, but Friday morning, I would like to do overtime. Anyway, at this time, overtime is kind of stuck in my throat right now.

I am currently waiting for my Just Energy Income Fund (JE.UN) and Methanex Corporation (MX) dividend for the month of September.

And guess what, with all that, we will be in the month of October in 2 days from now.

My investment portfolio in date of September 20, 2009

Here's my investment portfolio in date of September 20, 2009:

Savings:
2.69$ (ING Direct)

Non RRSP Investments:
Stocks & Units portfolio
Sprott Inc. (SII): 2 168$ (-2 766.99$)
Timminco (TIM): 258$ (-3 807$)
Blue Note Mining (BN): 74$ (-615$)
Bank of Nova Scotia (BNS): 4 929$ (+312.58$)
Hanwei Energy Services (HE): 363$ (-311$)
Methanex Corporation (MX): 2 022$ (+395.20$)
Fortis (FTS): 2 565$ (-8.17$)
Pengrowth Energy Trust (PGF.UN):
6 305$ (+20.43$)
Livingston International Income Fund
(LIV.UN): 639$ (+3.03$)
Pembina Pipeline Income Fund (PIF.UN): 1 552$ (+310.30$)
Just Energy Income Fund (JE.UN): 2 746$ (+250.75$)
Dumont Nickel Inc. (DNI): 460$ (-259$)
Yellow Pages Income Fund (YLO.UN): 2 115$ (+15.54$)
TOTAL: 26 195$

Mutual funds
Sprott Canadian Equity Fund: 4 457$

Tax-free savings account
RBC O'Shaughnessy Canadian Equity Fund:
2 443.09$
Creststreet Alternative Energy Fund: 1 185$
TOTAL: 3 628.09$

RRSP:
CIBC Dividend Fund: 478.23$
CIBC Emerging Markets Index Fund: 455.45$
CIBC Monthly Income Fund: 955.91$

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

GIC National Bank: 1 098.49$
GIC Finance Plus: 1 513.97$
GIC Plus: 500$

TD Canadian Bond: 110.21$
TD Monthly Income: 98.10$
TD Emerging Markets: 78.07$
TD Energy: 80.11$
TD Precious Metals: 93.64$
TD Latin American Growth: 85.98$
TD Entertainment & Communications: 97$
TD Dividend Growth: 186.60$
TD U.S. Mid-Cap Growth: 94$

Maritime Life International Equity Fund (Templeton):
673.92$
Manulife Simplicity Growth Portfolio: 829.93$
Maritime Life CI Harbour Seg Fund: 992.35$
Maritime Life Fidelity True North Seg Fund: 940$
Maritime Life Trimark Europlus Seg Fund: 612.08$

Great West - Various: 1 577.81$

RBC Canadian Dividend Fund: 482.47$
RBC U.S. Mid-Cap Equity Fund C$: 1 721.76$
RBC Global Resources Fund: 763.66$
RBC O'Shaughnessy International Equity Fund: 651.22$
RBC O'Shaughnessy All-Canadian Equity Fund: 896.50$
GIC Canadian Market: 1 000$
TOTAL: 18 072.98$

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

Savings + Stocks, units, mutual funds + Tax-free savings account + RRSP + Online Income (35.11$):
52 430.87$
[In date of September 20, 2009]

Because it's all about dividend

I just calculate my annual dividend income again, just to make sure that the effort worth it… This weekend, I got very bored with the overtime. I begin my day of work at 12pm today and left at 7:30pm. I couldn’t take it any longer. I didn’t reach my overtime hours goal yet, but I am pretty sure there will be some overtime available for this week. Calls are coming like crazy, but most of them are very short calls, less than 5 minutes. After working a straight 7 days this week, I have enough. I have enough of working and taking calls, as short they can be. And how about just yes or no calls? Wouldn’t be fun?

When talking a whole bunch of sh*t lol, I am thinking of those debts I will soon be paying off and it help me to keep going on. Sometimes, life is difficult like that. I just cannot wait to clear my RBC Visa card and all the little amounts I own here and there. I promise, never again I will pay my income taxes using credit card balance transfer, even at a low interest rate lol. And never again, I will have debts on my credit cards, except for my usual expenses. I barely ever have cash on me. I pay everything using my credit cards. This is actually helping me to build a great credit score. My credit cards are making me feel powerful and I like that, to have the feeling that I can pay whatever I want using one of my credit card. But of course, it’s just a feeling. I am not shopaholic and doesn’t spend that much. I don’t have expenses tastes and I am not wearing jewelry, expect plastic ones. I like what’s cheap and affordable.

So yes, I calculate my annual dividend income. And to my surprise, I am now at a 2 073.53$ annual dividend income. Its goes like this:

Bank of Nova Scotia (BNS): 201.88$
Fortis (FTS): 107.12$
Just Energy Income Fund (JE.UN): 286.62$
Methanex Corporation (MX): 70.56$
Pembina Pipeline Income Fund (PIF.UN): 157.56$
Pengrowth Energy Trust (PGF.UN): 780$
Sprott Inc. (SII): 50.30$
Yellow Pages Income Fund (YLO.UN): 323.20$

We can possibly add an extra 100$ for the power of the DRIP. We are possibly talking here of an annual dividend income of 2 173.53$. That’s nice. I had multiple problems with this huge investments portfolio of mine. Some could think my portfolio is too diversified. But from my point of view, a portfolio cannot be too diversified. There’s not too much diversification when talking about investment. For me, diversification is a way to reduce the risk. It’s been one of my dada since I begin to invest, back in 2005. From GIC to mutual funds to stocks and units and dividend, the step had been major for the My first 50 000$ girl so some forgiveness are require for the too important amount of money that had been invested in GIC and mutual funds. But they are not mistakes; they were a desperate way to reach what can only be reach through stocks and units investment.

Overtime to the extreme

I am planning to do as much hours as I can in just 4 days and I have to say, there’s not overtime for nothing, it’s call after call after call from 12pm to 12am… I did a 12 hours shift today or around so. I am exhausted, but I keep thinking about my next paycheck and how fun it’s going to be when all of my little credit card debts will be paid off… So I hope to wok 11 hours tomorrow and around 12 hours on Sunday… And after, I will take a rest before searching for a daytime job. I find a couple of jobs here and there, but since I am just exhausted right now, I didn’t apply to any yet. I am missing HubPages and cannot wait to write new articles. I am just missing my beauty sleep and my free time… My portfolio is doing well, especially PGF.UN. Love that company.

Overtime, paycheck and debts

I didn’t receive any calls from my weekend job today. Does it mean there is no work or there’s no work for me or… even worst… did they forget about me? I won’t ever know because I didn’t call to verify if there was work. Since I currently have overtime for this weekend at my evening job, I don’t care too much for the rest for now. I check my credit card balances yesterday and my expenses were not as bad as I taught. I will be able to pay it all by the time of my next paycheck. Seem like my next 100 units of Pembina Pipeline Income Fund (PIF.UN) investment will unfortunately have to wait for an extra month or 2. I really want to reach 200$ per month in dividend money as soon as possible. I can do it, the challenge is quite… challenging.

But after October 9th, once my credit cards bad debt will be all paid off, I will feel a lot much better and starting from there, all the money made will be to reach my goal. At this point, I feel important to save some money aside, outside my investment. At this point, all my money is invested and in case of need, I wouldn’t like to sell my investments. A 2 000$, or even just a 1 000$ aside in case of emergencies could be beneficial.

Doing a bunch of extra hours in a short period of time is always exhausting and it’s currently what I am doing. This remember last year when I was working during daytime at my 2 jobs from 9 am to 1:30pm and than from 3pm to midnight. Seem like the day never come to an end when I work from 9 to midnight. Since I am now working this weekend, I plan to do 12 hours on Saturday and Sunday… Very terrible week. I am looking forward for a 1 100$ paycheck for the next one, as I really need it. After that, I will probably begin my search for something daytime, as second job. And than after that I hope my weekend job will begin again.

Building a stocks and units portfolio for dividend income is certainly one of the most difficult thing. It take serious amount of money to be able to invest. For my next investment, 100 units of Pembina Pipeline Income Fund (PIF.UN), I will probably need a minimum of 1 580$. It’s represent a lot of money. Does the little 156$ in return – in dividend income worth it? YES.

Fantastic gain in my investment portfolio (1:20PM)

No overtime today as I felt super exhausted. But this night, I am going to bed as soon as I arrive and watch out, tomorrow, I am going to do from 9AM to midnight. It’s going to be crazyyyyy. And right now, as I just wake up and log in into my online broker account…… tadammmmmmmmm…….. My stocks and units investment portfolio is up to 27 177.52$! Hope it will finish the day that way. It’s even better than yesterday! Compare to yesterday, where I was at 26 907.77$, I gain 269.75$! I don’t even make that much in a day, even with overtime at my job!

If we compare to September 20, where our stocks and units investment portfolio was at 26 195$, we gain, in date of today, a fantastic 982.52! That’s the power of the stock market! Right now, it could happen that my net value is around 54 000$. For the end of September, I am waiting for my Just Energy Income Fund (JE.UN) and Methanex Corporation (MX). Nice little gain there among the way.

Derek Foster strategy IS really working. And his strategy is going to make me become a really rich girl $$$ lol. And I cannot imagine how it will be when the market will reach it will 15 000 points. It’s going to be fantastic. In the meantime, I want to invest more in my portfolio! That’s the plan. But for now, I have to do overtime… I just have to go to bed earlier. Which is completely out of sense.

A gain of 712.77$ in my stocks and units portfolio

Today went very fine. I was able to do what I wanted to do, I just some couple of things to do. And nice surprise: my porfolio gain some nice points.

On date of today, my stocks and units investment portfolio is up to 26 907.77$, compare to 26 195$ on date of September 20. It’s a value increase of 712.77$! Overall, I may had gain an extra 1 000$ today… Which now make a total of 53 430.87$! I won’t calculate my overall value because it’s represent quite some work since all the money is all around the place, but I guess the 1 000$ or around 1 000$ increase gain is quite realistic. Things are slowly getting better and one day, I will about my bad luck with Timminco (TIM) and Sprott (SII).

Lessons learn: stick to Derek Foster strategy and not ty to be too adventurous when it come to investments. And forget about penny stocks. I don’t thing I will invest anymore in penny stocks, even if I feel quite awesome what Timothy Sykes can do with his penny stocks trading. But I had enough of penny stocks for now and I am pretty upset about my 3 penny stocks investments, Blue Note Mining (BNT) Hanwei Energy Services (HE) and Dumont Nickel (DNI). Even if those 3 are not performing too well, they still represent, from my point of view, good investments. Just when I taught that I regret my 100 units investment in Livingston International Income Fund (LIV.UN), the value to today had outpass the value of my initial investment. Quite not bad at all. But now, one question remains: can Livingston International Income Fund (LIV.UN) pays back dividend like before? I just hope it will!

I just cannot wait to make my next investment, 100 units of Pembina Pipeline Income Fund (PIF.UN).

Lucky lucky lucky

Just like I taught, I didn’t wake up early this morning as I spend half of the night in front my laptop again… but… good news! I didn’t find a daytime job, but… there’s overtime available this week at my job! I see it at a sign of God, who doesn’t want I burn out myself by working at different jobs at the same time…

Anyway, if only I would had known in advance, I will have organize my stuff this weekend, but I hope to do it all tomorrow and do to the movie in the afternoon and than, from Wednesday to Saturday – maybe even Sunday if I can, I will do overtime! I am very happy about it and I am going to do the maximum of hours that I can. I just hope to be able to finalize my credit card payments this upcoming October. I would very much invest in 100 units of Pembina Pipeline Income Fund (PIF.UN) in order to benefit from the dividend reinvestment plan (DRIP). Right now, I am receiving 13.13$ per month from Pembina Pipeline Income Fund (PIF.UN) in dividend income. I cannot earn a new unit from that 13.13$ because the price of each Pempina Pipeline unit right now is over 15$. If I could get 100 extra units of PIF.UN, I could certainly earn one unit from the dividend reinvestment plan. That’s the plan. I cannot wait to invest again because it’s seem like it’s been like a really long time I didn’t purchase anything.

I am very happy right now. It’s seem like everything will be fine for now. If things continue to going well like this I might be able to reach the 55 000$ in assets really soon.

Suze Orman vs Derek Foster

It had been a very nice weekend, and it’s not quite over yet! I did over 200$ of shopping, but it was for stuff that was needed. After what, I won’t need to purchase anything else than groceries for a little while. I am trying to get all of my usual done before beginning my job search. I hope to find a daytime job soon that will fit with my current evening job. I am too thrilled about getting on the same pattern as before, but I really want to increase my investment portfolio and increase my dividend earnings by the same occasion. I hope to be able to make 3 000$ per month after taxes, and even more if possible, just like before, back in 2008.

Suze Orman vs Derek Foster

After shopping, I had some time to read books and magazines at Chapters, like I love to do. I get through the reading of some Suze Orman books. I really like reading about her money tips and her story. It’s very fascinating. But my relation to money is quite different to hers. And maybe I should change my way, but I am not willing to do that for now. Let’s me explain. For Suze Orman, it’s all about getting a career, to like our job and like what we like to do. And for her, well, from what I understand, an individual should work in a field he or she likes, in something we like, before thinking about the money first. I don’t have any problem with that part. Happiness comes before money. I don’t have any problem with that.

With Suze Orman, it’s all about starting from no where and builds something strong, like a career, getting out of debt, get a good credit score in order to get the lowest interest possible on a loan for a car or a house, etc… It’s not about building a portfolio and leave to workplace forever. It’s about getting thing organized for a better future. Nice, I don’t have anything against it. Suze Orman is a great thinker, a positive writer and I am sure she help a lot of people out there, not only in the states, but also here in Canada. And also, that 401(k) that Suze Orman talks on her books well, it seems to be our Canadian RRSP lol. Her books are refreshing and I like the part where she said whenever we want to do something, like go back to school or look for a job or whatever other project we have in mind we have to do it right now because later, it will always be more difficult. I am saying things in my own world of course here, but that’s what comes from my understanding. Very refreshing reading as you can see. And I am more than ever ready to take some actions.

Anyway, I wanted to take the summer off, I take it off in some way and now, well, I am back where I was a year a go, job searching for a daytime job.

I went through a quick reading but gees, there’s nothing in Suze Orman books about building a portfolio and stop working forever. Because guess what, that’s Derek Foster books! Suze Orman is more like a financial advisor and Derek Foster is the stock guru for middle class. Or for even lower lol. I wanted to read stuff about getting out of the workplace, stop working and other, but with Suze Orman books, I find too much of common sense. I am a dreamer, I want to retire early and my career goal is to spend some time trying to make money online, collect my dividend income and count my investments. That’s what I want to do with my life. That’s my goal. It’s nice to have an eye on a career, but it’s better to build a portfolio as soon as possible and get out of workplace, as soon as possible too lol. That’s my personal opinion, of course.

I am slowly getting mentally ready to work, like before 70-80 hours per week... :)

My investment portfolio in date of August 26, 2009

This was my portfolio investment in date of August 26, 2009. It was just one day before my birthday, and it was when I was still owning Desjardins Fidelity True North Fund. I had sell Desjardins Fidelity True North Fund in order to pay off a credit card debt. Not that I like to sell my investment, I never sell any of my investment before. But it's better to sell than having too much debts.

This was on date of August 26, 2009. I a posting it here to keep track:

Savings:
307.79$ (ING Direct)

Non RRSP Investments:
Stocks & Units portfolio
Sprott Inc. (SII): 1 650$
Timminco (TIM): 268$
Blue Note Mining (BN): 120$
Bank of Nova Scotia (BNS): 4 806$
Hanwei Energy Services (HE): 336$
Methanex Corporation (MX): 1 939$
Fortis (FTS): 2 550$
Pengrowth Energy Trust (PGF.UN):
6 256$
Livingston International Income Fund
(LIV.UN): 577$
Pembina Pipeline Income Fund (PIF.UN): 1 562$
Just Energy Income Fund (JE.UN): 2 566$
Dumont Nickel Inc. (DNI): 460$
Yellow Pages Income Fund (YLO.UN): 2 045$
TOTAL: 25 135$

Mutual funds
Sprott Canadian Equity Fund: 4 032$
Desjardins Fidelity True North Fund: 1 046.40$
TOTAL: 5 078.40$

Tax-free savings account
RBC O'Shaughnessy Canadian Equity Fund:
2 362.26$
Creststreet Alternative Energy Fund: 1 110$
TOTAL: 3 472.26$

RRSP:
CIBC Dividend Fund: 460.64$
CIBC Emerging Markets Index Fund: 435.17$
CIBC Monthly Income Fund: 936.70$

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

GIC National Bank: 1 098.49$
GIC Finance Plus: 1 513.97$
GIC Plus: 500$

TD Canadian Bond: 109.79$
TD Monthly Income: 96.25$
TD Emerging Markets: 74.88$
TD Energy: 75.20$
TD Precious Metals: 82.21$
TD Latin American Growth: 83.86$
TD Entertainment & Communications: 91.56$
TD Dividend Growth: 182.17$
TD U.S. Mid-Cap Growth: 89.99$

Maritime Life International Equity Fund (Templeton):
650.72$
Manulife Simplicity Growth Portfolio: 802$
Maritime Life CI Harbour Seg Fund: 953.52$
Maritime Life Fidelity True North Seg Fund: 894.78$
Maritime Life Trimark Europlus Seg Fund: 576.20$

Great West - Various: 1 577.81$

RBC Canadian Dividend Fund: 466.22$
RBC U.S. Mid-Cap Equity Fund C$: 1 668.56$
RBC Global Resources Fund: 702.97$
RBC O'Shaughnessy International Equity Fund:
637.68$
RBC O'Shaughnessy All-Canadian Equity
Fund: 848.11$
GIC Canadian Market: 1 000$
TOTAL: 17 614.97$

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

Savings + Stocks, units, mutual funds + Tax-free savings account + RRSP + Online Income (33.37$):
51 681.79$
[In date of August 26, 2009]

What's nice is that even after I had sell the Desjardins Fidelity True North Fund, my portfolio value had increased to 52 430.87$, thanks to the TSX and my investments.