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Saturday, May 30, 2009

It’s all about dividend income now

About my Livingston International Income Fund (LIV.UN) dividend

Just yesterday, I had received 4.28$ in Livingston International Income Fund (LIV.UN) dividend. The amount was unfortunately not enough to purchase even 1 unit of LIV.UN. I transfer the little money as payment on my credit line. I won’t receive any more LIV.UN dividend for quite a while now that Livingston International Income Fund had announced a temporary suspension of their distribution. Very sad. But while LIV.UN is cutting its dividend, some other companies of my portfolio continue to pay dividend. And they are, among other…

And also Sprott Asset Management (SII)!

Just today, I had received 12.50$ in dividend from Sprott Asset Management (SII)! It’s make an extra 12.50$ I can transfer as payment of my credit line. And I truly need it. The dividend had been deposit in my account in date of June 1, but I already received the dividend on date of today in my account. Strange!

And for Fortis?

For the month of May, I taught I was supposed to receive some Fortis (FTS) dividend, but I didn’t received anything so far coming from Fortis. Maybe I done a mistake in the distribution date, it’s something I have to verify. Or call TD Waterhouse lol…

Waiting for Energy Savings Income Fund (SIF.UN) dividend

The only dividend earning that is currently missing from my portfolio for the month of May is the one coming from my “investment rock”, Energy Savings Income Fund (SIF.UN).

This week, SIF.UN had announced their name change. I find this name change useless because I really like the name Energy Savings Income Fund. Starting June 1, SIF.UN will become Just Energy Income Fund. I don’t like the new name at all. Energy Savings was much more classy. Just Energy sounds like a cheap product name. I just hate it! As a unitholder of Energy Savings Income Fund, I would have like to vote their name change. And of course, I will have vote against it. Instead of changing of name, SIF.UN should have changed the look of their Web site if they wanted just to have some change. I just don’t like their Web site at all.

And about other things

And talking about investment and dividend, this week was officially my last week of free time. It’s been very cold in Montreal this last week and it was not the perfect weather for outdoor activities like I wanted to do. I pass enormous time blogging, trying to make money online. I also work at my 2 jobs like usual. I am doing quite fine. The TSX had close for the month of May at more than 10 000 points. On Monday, I will begin like plan my job search. I will probably have less time to spend on my different blogs, but it’s not about what is the most important thing at this time. Right now, I would very much like to add 200 units of BA.UN to my portfolio. I think I will be able to make it by the end of the summer if only I can find myself a day-time job. I am just hoping everything will turn out for the best.

If am not being successful at making money online, at least, I want to be able to reach my dividend goal which is to reach 2 000$ in dividend earning income by the end of this summer.

I am kind of exciting by my upcoming job search and I cannot wait to see what will happen.

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