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Saturday, August 29, 2009

Weekend spend at work

My day was pretty exhausting as I finish my shift at midnight yesterday, and begin wake up at 7:30AM to run to work for 9:30AM. I was told to leave around 7:30PM, when there was no call, so I left. I set-up my NIP for my CIBC Dividend card, went for groceries, and went home. I work also tomorrow. I hope to get 1 100$ after taxes in paycheck in 2 weeks for now. I also have overtime for Monday, where I will do 9AM to midnight, but it’s going to be my last day of overtime. After what, I will be working from 4 to midnight, from Monday to Friday, which is my regular shift. I was told there wasn’t going to have overtime available for a little while after that. For sure, I won’t be doing overtime for at least 2 weeks, even if there’s any available. I had taken over 70 calls today. It was crazy.

About my debt management plan

During my lunch time, I call my credit cards to see if something could be arrange for a credit card balance transfer of my current 2 500$ I have at 3.99% and which will expire by the end of September. It’s seem like no special interest rate can be propose to me at this time by td visa card or RBC Visa. At both places, I told the guys I had 50 000$ worth in investment. They didn’t seem to be impress by that because they didn’t make me an offer lol.

The only solution is the offer at RBC Visa for the month of October, but October only, as my current special offer with my td visa card expires this upcoming September. This is too bad, but at least, I know where I am going. In 2 weeks, I will be able to make a payment of 700$ on my credit card. The debt will than be at 1 800$. I was thinking about selling my Desjardins Fidelity True North Fund. Currently, my Desjardins Fidelity True North Fund worth around 1 050$. After what, I would only had left 750$ to pay. If only I could sell Dumont Nickel at 4 cents! But that deal hasn’t happen yet. And I doubt it could happen anytime soon… I cannot rely on that little trading deal to make money out of it. I have 350$ in my ING Direct account. I have to say, I don’t have too much in my internet savings accounts.

I have around 100$ on my TD credit line at 8%... We are now down to 300$. I could pay the 300$ in October. By the end of October, I could transfer the 2 500$ at RBC Visa for the month of October and by the end of October, I could pay off the 300$ I need to pay. I don’t to pay 19% in credit card rate on a 2 500$ debt of mine knowing I have the resources to pay off this debt. It’s frustrating. 19% on 2 500$ make 475$ in interest for a year, for 40$ of interest per month… And knowing I continue to carry on other debts, I am better to pay off this one as soon as possible.

But at the same time, the selling of my Desjardins Fidelity True North Fund make me feel sad because Desjardins Fidelity True North Fund was my really first investment… Sometimes, selling is a necessity. You can talk to Derek Foster about it lol.

More about my Dumont Nickel (DNI) deal

Earlier this summer, I had purchased 23 000 stocks of Dumont Nickel (DNI) at 3 cents per stock. The investment value was of 719$. I was hoping to sale DNI at 4 cents. I place the sell order in July. But in July, Dumont Nickel (DNI) never hit back the magic 4 cents. I renew the sell order in August. My sell order had expired on August 28, and the sell never went through. Could August 31 be my lucky day? We never know, but I doubt DNI will reach 4 cents on that day. I will renew my order for sure; I hope one day this penny stock trade will work out… lol.

Just Energy Income Fund dividend

Also today, I received one new unit of Just Energy Income Fund… and 10 cents in cash in my td waterhouse broker. I should had received not 10 cents but around 7$, knowing that the price of one unit of Just Energy Income Fund is around 13$. I will verify my account again tomorrow. Or... Could it be another mistake of TD Waterhouse? (LOL!!!!)

Happy Surprise: my Google AdSense income is slowly increasing

I am not writing for HubPages for nothing after all. My Google AdSense income had slowly increasing and so my Ebay earnings. I am looking forward to continue my online money journey. It’s just I didn’t have too much time lately.

And what’s next?

More of my extraordinary writing on HubPages, selling of Desjardins Fidelity True North Fund, payment of my 2 500$ credit card, opening of my Scotia iTRADE account and… job searching :)

Sprott Inc. (SII) has now its own DRIP

I was waiting for my Sprott Inc. (SII) dividend. I had received them today, but when I took at my online broker account, I was surprised: I had 3 brand new stocks of Sprott Inc. (SII). This Sprott DRIP is brand new and I am quite happy to have it done automatically. This is way too fun. I prefer to be enroll in a DRIP. It helps me to increase my dividend income.


I had overtime as birthday gift for my 29 birthday lol…

I did around 13 hours at work today. There’s overtime available until Monday. So I am doing a max of hours as you can imagine and I hope to receive 1 100$ after taxes on my next paycheck. I really need it since I had no news still from my weekend job even if I call and left a message like usual.

Because I suddenly now have overtime available, I am going to open my Scotia iTRADE account sometimes next week, before calling for the rest of my questions. I am also going to be job searching if I don’t have any news for my weekend job. And I also have my TD Visa offer of 3.99% special interest rate that expire on September. I have a 2 500$ debt at 3.99%. I can have it transfer for one month (for the month of October) at RBC Visa, but for one month only. I am just hoping CIBC Visa will be able to offer me a balance transfer at a cheap rate. If not, I will have to sell one my investment and I don’t want to do that for now.

Thursday, August 27, 2009

I am now 29 and I have 51 681.79$ in assets

Living on a very tight budget

My paycheck of this week almost reaches the 900$. I have currently a total of 939$ in my banking account, which is enough to pay my rent (535$) and my student loan (155$). And I have left 249$ to make the minimum deposit on my credit card. I might have 150$ to pay on my credit line (the minimum payment never appear in my online banking account at TD).

As for my td visa card, the minimum payment should be of around 25$. I have 74$ left to pay my RBC Visa at the rbc royal bank, which I use all the time to pay my groceries and other… This is what I call living on a tight budget, but good news, I am able to pay everything! And on the next pay, I will be able to clear off my RBC Visa… Let’s say that ater those payments are going to be made, I won’t have too much available in my online savings accounts.

I am now at 51 681.79$

Since today is my birthday, I calculate my overall online investment for my 29 birthday. I am now at 51 681.79$! I am now looking forward to reach 75 000$ value in assets (this is our next goal). And I am only missing 23 318.21$! My financial planning for retirement is doing quite well.

About Ted Kennedy death

On August 26, Ted Kennedy died. I wasn’t particularly effect by the news, but I guess I am just pretty ignorant on everything he might do for Americans. I never too much like the Kennedy family for plenty reasons, I don’t even feel close to them. But if you talk to me about Obama, well, it’s another story. I go crazy in love for Obama. And since we talk about Barack Obama, since Obama had been elected as President of the USA, I had been able to reach 50 000$ in investment and 2 000$ in dividend. My 2 goals had been reached under Obama leadership. I am telling you, I am forever in love. But anyway, Obama is not even an American lol.

What shock me the most however regarding Ted Kennedy dead were the comments made by Brian Mulroney. I don’t like Brian Mulroney and I think he should retire for the public scene. I don’t like him because he didn’t pay any taxes on a 200 000$-300 000$ he had received from his German friend and I don’t like Mulroney because he made Canadians dependant of Americans. Our country should stand by our own. Not that I don’t like Americans, but as Canadians, we should rely on our own resources to develop our country. What Brian Mulroney did in the 90’ was an atrocity. Decades after, Canadians still suffer from Brian Mulroney lack of leadership. We shouldn’t have to rely on the US for our own economy. I dislike everything that Brian Mulroney did in his life. Just another Quebec bastard. And don’t think that it’s because I live in Montreal that I am a Quebecker because I am not a Quebecker. And I will never be one of them.

Do I have any American investment in my portfolio? Unfortunately yes, but just one, an RBC mutual fund that I had no choice to pick. It was back in the days where I barely knew what I was doing and was investing thought financial advisor. But those days are gone forever. American stock market is huge and it’s the perfect market for penny stocks trading because a lot of trading is being made on any kind of stocks. Here in Canada, from my young but lovely experience, dividend cut or suspension haven’t been that bad compare to the US. But still, Canada is the place for investor and Canada is the perfect market to make a living from dividend income. Also because of taxes and the dollars exchange, and also because I don’t have that much money, I prefer to stick with the Canadian stock market for now.

And with my upcoming Scotia iTRADE account, I am going to get a cheap online stock trading.

Jean Charest and financial fraud

It make me laugh when Jean Charest (prime minister of Quebec province) said he wants a more severe legislation for financial criminal like Vincent Lacroix and Bertram Earl Jones because for the case, he never accepted that an investigation to be open regarding the Caisse de dépôt et placement du Québec scandal that involve, among other, its ex-director, Henri-Paul Rousseau. Jean Charest is definitely just another Quebec bastard and I am turning 29 on today, August 27.


Wednesday, August 26, 2009

Switching to a cheaper online broker: Scotia iTRADE

The latest TSX gains had quite a positive impact on my portfolio. Sure, it’s not like on August 5, when the TSX exceed the 11 000 points, but still, a mark higher than 10 900 points is a positive gain and I hope the TSX will continue to gain points like this on a regular basis.

Purchasing stocks online is really easy through my tdwaterhouse. I really like to buy stocks online with tdwaterhouse. Only inconvenient: at 29$ in commission fee per trading, tdwaterhouse is expensive. I am looking forward for a cheaper discount broker solution. This is something I had in mind for a while now. I had read positive comments about Scotia iTRADE on I also had called Scotia iTRADE one time just to confirm some information.

The magic of 50 000$ at Scotia iTRADE

In August 5th, I hit a bit more than the magic 50 000$ value in assets. With Scotia iTRADE, since I have at least 50 000$, I could only pay 9.99$ per trade. At this time, I do not want to close my tdwaterhouse account. Right now, I am looking for a solution for my RRSP. With tdwaterhouse, even if I am register with their eService, tdwaterhouse is still going to charge me an annual fee for RRSP. I don’t remember how much, but still, I do not want to be charge any annual fees. The solution would be for me to open an account with Scotia iTRADE. After, I could get 2 or 3 of my major assets being transferred to Scotia iTRADE. Once they had been transferred to Scotia iTRADE, the 3 assets (I was thinking about BNS, FTS and PGF.UN), could be transferred over RRSP.

From what I remember, tdwaterhouse is charging me 25$ or something like that (plus taxes) per stocks I transferred to another online broker. For the transfer of all assets, its 175$ (plus taxes), if I remember correctly. I want to keep my tdwaterhouse account open; I just want to transfer a few assets. Anyway, my 50 000$ is way too much diversified in too many financial services, it will be too much work to get everything transferred at the same place and, just for security reasons, I do not want to have the money invest at one single place. I am just like that.

It’s still summer time and I am already thinking about RRSP lol. I don’t won’t to face the same problem this yea, to pay 3 000$ extra in federal and provincial taxes for my 2009 taxes. No way! Since I do not have the same contact at Revenue Canada as Brian Mulroney who didn’t pay any income taxes on an asset of 200 000$ or something like that, well – I guess I will just have to keep going and working and going and working and… here we are. I am getting the whole thing organize. Reason why: I am going to be job searching really soon and I want everything to be all set when I will be working at a second and, if I am lucky, at a third and, why not, a fourth job lol.

Now, the only question I have left for Scotia iTRADE is the following: is there going to be a fee for transferring non-RRSP stocks into RRSP? This is like the final question I have for Scotia iTRADE. While I am thinking of it, another question that is crossing my mind: is there any fee for DRIP? I am register to an automatic DRIP for PGF.UN, BNS and some other of my stocks and units portfolio. The dividend I am receiving from those companies is being reinvested in order to acquire new stocks or units for free (at least at tdwaterhouse). I am going to ask this question to Scotia iTRADE, but that would be very strange if Scotia iTRADE would charge me for such thing.

I once call tdwaterhouse about RRSP. I was just curious to find out if for non RRSP stocks investment, to turn them into RRSP – do I need first to sell the stocks? The answer that had been provided to me is no, that they had their own way to do it and that no sell was required. Nice. And now, what about Scotia iTRADE? I guess the answer will be the same at Scotia iTRADE, but I will ask it anyway.

More money = more problem. I getting those kinds of problems that only those rich people have and it make me laugh.

Be aware of the inactivity fee at Scotia iTRADE

There’s an inactivity fee of 25$ that will be applied if no transaction had been made for 3 months. At tdwaterhouse, there’s no such inactivity fee. But if in the overall Scotia iTRADE broker account (RRSP, CELI and regular broker account) – for those 3 all included, if you have at least 10 000$ in assets, no 25$ will be applied per period of 3 months of no activity.

The whole online broker account deal is not so complicated, it’s just it’s making a lot of things to look into at the same time.

Saturday, August 22, 2009

About my new CIBC Dividend Card

This weekend is going to be a fun one, even if I am facing different frustrations at this time. Among a few things who make me happy, I have my brand new CIBC Dividend Card.

I had a credit card with CIBC since 2005. Back in 2005, I had a CIBC Aero Classic credit card. I wasn’t that much aware of the fees and I didn’t pay too much attention to it until recently, were I notice a fee of 29$. At that time, I call CIBC customer service to see what the reason of the fee was, saying that I didn’t have that fee before to pay for CIBC Aero Classic credit card. I had been told that yes, there’s an annual fee of 29$ for the CIBC Aero Classic card. It’s just I never had notice the fee before. Anyway, I ask to have a credit card with no annual fee. I had been suggested the CIBC Dividend Card.

I recently received the CIBC Dividend Card. The CIBC Dividend Card was no annual fee… but watches out the credit card annual rate… 19.5%. One advantage – and the only one – of CIBC Dividend Card is that it’s allowing holders to earn 1% in cash back, which is interesting.

Other interesting thing: CIBC offer users of CIBC Dividend Card free checks that can be use to pay out rent and pay bills. Fun, but knowing that the interest rate is of 19.5%, I probably won’t use CIBC Dividend chequing service, but I might order some, just in case of need.

I open this CIBC Dividend Card because I didn’t want to close the credit I had at CIBC and I didn’t want to pay any annual fees. Big plus: CIBC always offer me a good service. I also have investments with CIBC and I always received the best service from CIBC, from the credit card and investment department. To make one story short, I had non-RRSP mutual fund investments with CIBC. Last year, I call to transfer them into RRSP. The transformation had been made in the matter of a few minutes. I didn’t get the same good service at Desjardins.

I had one mutual fund with Desjardins. It’s the Desjardins Fidelity True North Fund. I once call to have the investment transfer into RRSP. I call ACCES-D, Desjardins customer service. Problem is, I was calling to receive customer service, but I didn’t receive any. I was told I need to present myself to a Desjardins Caisse to have the operation complete. Which I need, but I was told the transaction couldn’t be completed. This year, I am going to try again. If Desjardins don’t allow me to transfer my investment into RRSP, those people are going to have a hell of a time. I dislike Desjardins and their agents of ACCES-D customer service are really arrogant, almost worst than the one of TD Waterhouse.

Other positive experience with CIBC: when I received my new CIBC Dividend Card, I call customer service, saying that I had pay for the annual fee of my late CIBC Aero Classic and wonder if I could get credited. I had been credited 19.99$, which I accepted.

See, CIBC always offer me the best customer service of the world and I am very grateful for that.

Living for working or working for living

This is actually soo bad, there’s no overtime available this weekend for people of, lets say, of my department. I am really having enough of my job and I cannot take it anymore. You do your best everyday and in return, what you got?

Hours cut, no overtime, bad pay, bad treatment and sh*t lol. I once haven’t been paid for an hour on my paycheck. I requested the hour to be pay, but it never did, because of my supervisor. My supervisor is a cool guy, but whenever it come to hours missing on my paycheck well, forget about it. I don’t know if its his fault or who’s fault it is, but one day, I am going to leave all that sh*t behind lol.

For now, I am going to be able to pay my bills for the month of September, but it’s going to be rough and tough. My next paycheck should be of around 800$. First I have to pay my rent for sure, 535$. No problem for my metro pass as I can pay it using another credit card of mine. I also have a student loan to pay. The minimum payment is around 165$ if I remember. If I calculate my rent and my student loan debt payment together, right there, it’s making 700$... I hope I will be receiving a 800$ paycheck! Plus I have left 50$ in my bank account…

I always some money left at ING Direct in case of emergency. Not to talk about all the money I have invested. But my investments are my investments and I prefer stop eating before taking any money from those precious $$$. And it’s a perfect time to stop eating because I am fat.

Anyway, I can always use 190$ I have left on my credit line… And oh, on August 28, I should received around 12.50$. I have 2$ and something left in my broker account. Those will help me to pay the minimum require on my credit line.

It’s going to be ok, but I dislike this kind of situation. Too tight budget.

Friday, August 21, 2009

You should had invested in Yellow Pages Income Fund yesterday

You should have invested in Yellow Pages Income Fund (YLO.UN) like me yesterday because YLO.UN is currently at 5.12$. Yesterday, I had purchased 300 units of Yellow Pages Income Fund at 4.94$. Today, Yellow Pages Income Fund (YLO.UN) is up of 0.18 cents… Nice profit of 54$!

This is awesome. Actually, I prepared myself for exactly the opposite yesterday, telling myself I was purchasing Yellow Pages Income Fund units in order to reach my 2 000$ dividend income goal. Currently, my overall investment with Yellow Pages Income Fund is of 2 074.95$. Before my purchase of yesterday, I had 101 units of Yellow Pages Income Fund. I now own a total of 401 units of Yellow Pages Income Fund. Currently, my 401 units of Yellow Pages Income Fund worth 2 053.12$, which is not so bad.

I wake up late again this morning; I really got drain up by the hot weather and my job. I finish early yesterday, at 10PM. I did some laundry (at least I am having clean clothes to wear today :)), connect to the Internet, but I didn’t write any HubPages or anything. I was just in front of my computer, feeling miserable. Some of my hours had been cut and I had been told that if we were doing overtime, it wasn’t paid, but I gave my name last Friday to do overtime, so that day should be pay, at least.

Usually, I start my shift at 4PM, but today it’s t 5PM. I was told to begin at 5PM today. My supervisor wasn’t there yesterday, so I couldn’t talk to him. I would like to work Saturday for extra hours. There are always so many calls during the weekend. I hope overtime is going to be available. And I will take Saturday off. For next week, I am in need of a good 1 000$ paycheck, if not, I will manage. My latest investment with Yellow Pages Income Fund really took all that I have. I am confident I should received at least 800$ on my next paycheck. But we’ll see. I also give a call to my weekend job saying that I was available. I guess nothing is available

For the end of this week until the beginning of September, I will try to control my expenses. I guess I have enough in food and other to stand until that time.

I am getting to start a job searching this weekend. I saw a couple of job offers I want to applied to. This is the best solution and the only solution available at this time. I was going to be job searching sooner or later. My weekend job is not that stable and I have a feeling work might not be available like promise in September. And I really dislike that place now. I had been kicked out of their survey project without any notice, giving me no way to set myself up and organize. I am feeling better just to know that I might not need to work for them ever again.

It’s going to be a busy weekend.

Thursday, August 20, 2009

My 300 units purchase of Yellow Pages Income Fund (YLO.UN)

I had purchase 300 units of Yellow Pages Income Fund (YLO.UN). Here’s the update of my annual dividend income:

Livingston International Income Fund (LIV.UN): 21.28$
Bank of Nova Scotia (BNS): 201.88$
Fortis (FTS): 106.08$
Just Energy Income Fund (JE.UN): 285.22$
Methanex Corporation (MX): 70.56$
Pembina Pipeline Income Fund (PIF.UN): 157.56$
Pengrowth Energy Trust (PGF.UN): 771.60$
Sprott Inc. (SII): 50$ + special dividend of 75$
Yellow Pages Income Fund (YLO.UN): 320.80$
TOTAL: 2 059.98$

Unless I did a mistake or calculate wrong, but I won’t think so, I now have an annual dividend income of 2 059.98$. My annual dividend income should just keep increasing over time. Once the recession will be over, Livingston International Income Fund (LIV.UN) will continue to pay dividend to their unitholders just like before. Pengrowth Energy Trust (PGF.UN) will increase their dividend to the same amount as before… And so on… lol

And what about a Just Energy Income Fund (JE.UN) special dividend?

Just Energy Income Fund (JE.UN) will, at some point, proceed with the payment of a special dividend. When the fund was still under the name of Energy Savings, the company had proceeded, in the past, to the payment of a special dividend. Now that Just Energy had completed the acquisition of a another company, a little while ago, JE.UN profit will increase, money will come like crazy and... unitholders will receive a special dividend...

We can suppose that my dividend annual income will just boost over time… and increase fantastically.

And now… tell me after that I don’t have it all. lol

Currently, the value of my stocks and units portfolio is of 24 962.82$. And I have 50$ left in my banking account ;)

Pengrowth Energy Trust (PGF.UN) dividend for the month of August 2009

I receive today 63.60$ in dividend earning for Pengrowth Energy Trust (PGF.UN). I earn a total of 7 units of Pengrowth Energy Trust (PGF.UN). I now own 643 units of Pengrowth Energy Trust (PGF.UN). The DRIP on Pengrowth Energy Trust (PGF.UN) is really great. I hope to see the value of this investment to increase over time. My initial investment was of 6 221.87$. Currently, my investment made with Pengrowth Energy Trust (PGF.UN) now worth 6 096$, which is really good. DRIP is nice for dividend income: it’s allowing me to earn a couple of stocks and units for free.

Since my PGF.UN dividend increase from 763.20$ to 771.60$, let’s update our annually dividend income:

Livingston International Income Fund (LIV.UN): 21.28$
Bank of Nova Scotia (BNS): 201.88$
Fortis (FTS): 106.08$
Just Energy Income Fund (JE.UN): 285.22$
Methanex Corporation (MX): 70.56$
Pembina Pipeline Income Fund (PIF.UN): 157.56$
Pengrowth Energy Trust (PGF.UN): 771.60$
Sprott Inc. (SII): 50$ + special dividend of 75$
Yellow Pages Income Fund (YLO.UN): 80.80$
TOTAL: 1 819.98$

And let’s add to this 300 units of Yellow Pages Income Fund (YLO.UN) x 0.80 cents = 240$

1 819.98$ + 240$ = 2 059.98$

Currently, Yellow Pages Income Fund (YLO.UN) is at 4.91$ per unit. I currently have 1301.45$ available on my credit line. I also have now 457.20$ on my banking account. TD banks seem to all open at 8:00am in weekdays. This is great, because I am going to be able to make an extra payment of 400$ on my credit line before the TSX stock market open, as its open at 9:30AM… It’s just I have to wake up early tomorrow and I am not too use to that anymore.

I guess Yellow Pages Income Fund (YLO.UN) price will remain basically the same tomorrow. I will be able to purchase 300 units and I will probably have extra to leave on my credit line. I just cannot wait. This 2 000$ dividend income goal in really important to me. Its mark a giant step in my goal to reach financial freedom.

My next goal is to earn the equivalent of 200$ per month in dividend money. This mean I need to reach 2 400$ in annual dividend income…

2 400$ - 2 059.98$ = 340.02$

After what, I will only be missing 340.02$ in dividend income to reach 200$ per month in dividend income… That will be the next step.

Wednesday, August 19, 2009

More about my dividend income goal

I was very confused earlier today about if I had received or not my PIF.UN dividend. Seem like I had received them. I just all confused once again. Because I got the DRIP for Yellow Pages Income Fund (YLO.UN) and didn’t see it. At TD Waterhouse, they had been great at explaining that to me, even if I was calling for only 13.13$. But on the road for financial freedom, every penny count lol.

And here we go, what I like most of all, calculating my dividend income. Here is for my dividend earning update:

Livingston International Income Fund (LIV.UN): 21.28$
Bank of Nova Scotia (BNS): 201.88$
Fortis (FTS): 106.08$
Just Energy Income Fund (JE.UN): 285.22$
Methanex Corporation (MX): 70.56$
Pembina Pipeline Income Fund (PIF.UN): 157.56$
Pengrowth Energy Trust (PGF.UN): 763.20$
Sprott Inc. (SII): 50$ + special dividend of 75$
Yellow Pages Income Fund (YLO.UN): 80.80$
TOTAL: 1 811.58$

My dividend income goal is to reach 2 000$ in dividend value by the end of the summer. Am I going to make it? Let’s see…

2 000$ - 1 811.58$ = 188.42$

At this time, I do not have too much money. Forget about adding Enbridge (ENB) or Bell Alliant in my portfolio for now because I am broke! Right now, a correct issue will be to purchase more units of Yellow Pages Income Fund (YLO.UN). I recently read somewhere that a recent company had rate Yellow Pages Income Fund (YLO.UN) as a buy… So this helps me in my decision to purchase extra units of Yellow Pages Income Fund (YLO.UN). I do not particularly like Yellow Pages Income Fund (YLO.UN) but hey, they are cheap, so why not?

How much Yellow Pages Income Fund (YLO.UN) units I need to meet my goal? Currently, Yellow Pages Income Fund (YLO.UN) dividend is of 0.80 cents per unit, which I find pretty good, knowing the state of the economy right now.

188.42$/0.80 cents = 235.525 units

If I purchase 200 units of Yellow Pages Income Fund (YLO.UN), it won’t be enough…. So I better purchase 300 units. And I have enough in cash to proceed with the transaction. Take a look at this:

5$ (current price per unit for Yellow Pages Income Fund (YLO.UN)) x 300 units =
1 500$ + 27$ in commission fee =
1 527$

Currently, I have 1 301.45$ available on my TD credit line. I am only missing 225.55$ in order to reach the 1 527$ I need to cover the cost of this investment.

I currently have 215.71 left in my banking account…. I am waiting for a paycheck of around 200$ at midnight on Wednesday. That’s tomorrow… On Thursday, I could pay 425.25$ on my credit line and transfer at least 1 527$ on my broker account and purchase 300 extra units of Yellow Pages Income Fund (YLO.UN). It will do a little something like this:

300 units X 0.80 cents = 240$

1 811.58$ current dividend income + 240$ =
2 051.58$

And my goal is reach! This is perfectly realizable. I was thinking about all this while being at work and gees, I keep thinking and I saw finally that yes, I can definitely make it for this summer… It's just I am not going to have anything left in my banking account, but who care, I got another paycheck next week lol. And this will happen before my 29 birthday. I am really having a fun time with all this investment deal. Like me reaching my first 50 000$, and now me reaching my first 2 000$ value in dividend income. It’s pretty awesome.

Tuesday, August 18, 2009

Problem with my Pembina Pipeline Income Fund dividend

Today was quite a busy day. I pay 1 100$ on my TD credit line and 100$ on my TD Visa. I now have left 3 706.55$ on my credit line and 2 675.53$ on my TD Visa. I am very please on the way things are going on right for me. And I am very tempted by purchasing something for my portfolio. But I am going to wait next month. Overtime is available right now, and I just hope to get another 1 000$ in pay for next paycheck. Things are just going super great even if I got snob by my weekend job.

We are already Tuesday; time is passing way too fast. I got my Pembina Pipeline Income Fund (PIF.UN) dividend payment of 13.13$ yesterday. Actually, I can see the transaction in my “Activity”. No problem. But the problem is that I only have 8.50$ right now in cash in my TD Waterhouse account. Something is going on. So I am going to call TD Waterhouse and yell at them and scream: where’s my money? LOL

Anyway, I cannot wait to open an account to Scotia i-trade. Each trade is 19.99$. Once I reach a stable value of 50 000$ in assets, the cost of each trade is going to be 9.99$. So why should I stick with TD Waterhouse?

Only extra fee with Scotia Broker Account is with mutual funds. And with TD Waterhouse, there’s no fee for mutual funds, non-RRSP investment.

It’s been really hot these days in Montreal. The only things I had been doing is working, blogging and writing articles on HubPages.

I also received my brand new CIBC dividend credit card. I activated it just yesterday. And now, I want to see if I can get refund the annual fee for the credit card I close with them to get the CIBC dividend. And they better give me my money back. Or I am going to scream at them too. lol

I am really enjoying my time on HubPages, but regarding the money made on HubPages, nothing came out since last week. The only way I am going to make money on HubPages is that is I keep going and keep writing. It’s just a matter of luck and to write on topics that will class itself well on Google search. I now have 40 articles on HubPages. I made 6$ with Google AdSense since I started. We can see things this way: 40 articles for 6$, 200$ = 1 333 articles… I just need to keep going and writing and writing… And I am really into it. I just cannot wait to reach my first Google AdSense payment of 100$. The only problem is that this whole making money online thing is basically taking all of my free time. This is it, I am a talented, and I am going to make money from my writing. :)

Sunday, August 16, 2009

Dividend weekend baby

I just received 6.67$ in dividend income from Yellow Pages Income Fund (YLO.UN). I guess there’s no DRIP available for Yellow Pages Income Fund (YLO.UN). I went check my mail as I went outside to eat pizza. And I received a voting package for Dumont Nickel (DNI). This is fantastic! For once, the shareholders’ meeting is in Montreal! The hour of the meeting is not really appropriate as its fix at 4PM. But we shouldn’t be surprise, as it’s probably a Quebecker who decides to fix the meeting at that time. And it’s schedule for September 10. Anyway, I won’t be able to be there, as I work at that time.

And I am working tomorrow, Sunday. I did a shift trade with a dumb guy, it was really at the last minute, and it’s the last time ever I am going to trade shift with him. This weekend was supposed to be one where I was going to concentrate on my HubPages.

I have many unpublished HubPages articles and it’s ruining my overall score. I want to clear them all as soon as possible. But the problem is: I have 15 unpublished HubPages. Since I had the topic, an idea for the link in head, I decide to create unpublished HubPages, but this was a bad decision of mine, because unpublished HubPages can really ruined a score. Currently, my score is at 58 (on 100). It’s really low. My HubPages score was higher before (around 80). I hope to the complete my 15 unpublished HubPages very soon.

Saturday, August 15, 2009

My 14 hours shift

I work for about 14 hours at my job today… When I learn yesterday that there was overtime available, I went nut, I told the supervisor on floor that I wanted to do from 9AM to midnight… and I did… I begin working around 9:30AM. But don’t forget that the night before, I finish my shift at midnight, went back home, wake up at 7AM, take a shower, run to the metro, hit back to work.. and work 14 hours straight in a row lol.

Overtime = more money

And check this out: there’s also overtime available for tomorrow Saturday. This is super great and this helps me to forgive about my weekend job. There was an English survey going on. Even if I was able to complete some surveys, they didn’t want me to continue working on the project, me and 6 other persons. And I was told that my English wasn’t good enough for them. But do I really care? Anyway, since overtime is available at my evening job, I am certainly going to take advantage of it.

My latest paycheck form my evening job was quite good. I received a 1 309.93$ check in my online savings accounts from my evening job. It was a huge surprise, knowing that I was only expecting a little check of around 720$ or 750$! My boss didn’t decide to double my salary overnight. It’s just I should have receive a little augmentation back on November 2008, but I never receive it. I have received the money I should have earned since that time.

Google AdSense news

My Google AdSense income is up to a fantastic new 32.54$... this is great! Even gaining just a few pennies make me happy. But this is the deal: If I am able to earn just a few pennies from Google AdSense, I am certainly able to make thousands of dollars out of Google AdSense right? Don’t you think so?

My HubPages Adventure

I didn’t publish any HubPages articles for a little while. I had been conducting research and stuff. I really like to see my Google AdSense rise and I think it’s going to be the case with all the work I invested in it so far. Because writing original articles require definitely a whole bunch of creativity. It’s also requiring a lot of my time. I just publish my third and latest article on HubPages: Consolidate debts: use credit card balance transfert for your own benefit. This is the article you need to read if you want to learn more about debt management.

Friday, August 14, 2009

Happy Just Energy Income Fund dividend

I received my Just Energy Income Fund (JE.UN) dividend on today. I had received 20.87$ and I earn one extra unit of JE.UN. I now own 203 units of Just Energy Income Fund (JE.UN). I just find out that Sprott Inc. (SII) is paying a dividend on August 28. I am going to received 12.50$. It’s going to make a nice little extra as payment for my TD credit line. Otherwise, I €am doing a crazy shift tomorrow as overtime is available, but just for tomorrow… I am doing from 9am to midnight. It’s going to be crazy. But bad news, I am out of work at my weekend job for approximately 1 month. In the meantime, I am certainly going to look for a new job.. And guess what, my Google AdSense income is up to 30.77$... Mix of good and bad news today. Going to bed... This weekend is going to be great. HubPages articles and blogging and maybe Julie & Julia movie.

Wednesday, August 12, 2009

Dealing with debts and broker accounts

I didn’t visit HubPages for very long last night. I have to wake up early this morning. My tiny apartment was in need of a good cleaning. Now it’s done. I just have a lot of laundry to do lol. Everyday life is boring like that. And of course, when I wake up, I went to see my stock portfolio online. At 1:40PM, my portfolio of stocks and units is at 23 089.84$. I was afraid to see it lose some value again. But I still didn’t receive my Just Energy Income Fund (JE.UN) dividend. So I am still waiting.

I should receive a 700$ paycheck this evening. The money is going to be applied as payment on my credit line. I have 4 813.02$ on my TD credit line. And 2 675.53$ TD Visa at 3.99%. In about 2 weeks, I will transfer the debt I have on my TD Visa over RBC Visa, so I can received the 2.99% in interest rate for a little while, until I get a third job or something.

I call TD Waterhouse yesterday to find out if it was possible to turn non-RRSP investment in stocks or units into RRSP, without having to proceed with a sell first and I was told I could do so, that I don't need to sale.... I also call Scotia itrade. Now, my problem is I want to turn my investments into RRSP, but TD Waterhouse is going to charge me 20$ per year for an RRSP account. This is so unfair. It's not enough for them to be charging be 29$ per trade o is it 27$ I have a blank. This year, I don't want to pay any taxes. And another question, does the dividend of a RRSP account need to remain the RRSP account or the dividend can be transfert outside the RRSP dividend? It's not something I want to do right now, but later on. Sooo confusing.

Tuesday, August 11, 2009

TSX crashing and I am at home doing nothing

Today, the TSX crash to 10 626 points.

Currently, my stocks and units portfolio value is of 2 2810.89$.

I reach 50 000$ value assets one time in my life, I just hope to reach over 50 000$ again in a near future.

Even with the few losses of today, my portfolio remains relatively stable.

I am surprise, Methanex Corporation (MX) remains at a powerful 18.48$ (12:47PM). I had purchased 100 stocks of Methanex Corporation a while ago at 15.79$ per stock. But shortly after I made the investment, Methanex price stocks went always lower than 15.79$. At a point, I was used to see Methanex Corporation under 15.79$.

Imagine my reaction when Methanex Corporation price rise: I simply couldn’t believe it. If Methanex Corporation remain up to 15.79$ per stock even when the TSX is loosing points, this mean that chance are, our Methanex Corporation will remain over 15.79$ in the upcoming week.

I lost a bit of gain today, because (again) of Timminco (TIM) who decide to go under 1.40$. Good news had been giving for Becancour facilities. Employers have back their jobs. I mean, this is so good news for Timminco. Should the price increase immediately? Well, it’s the opposite that is happening today. And I don’t even want to try to understand.

Sprott Inc. remains under 4$. Sprott is currently at 3.22$ (12:59PM). Here, what I supposed that happen is the following. Their star mutual fund Sprott Canadian Equity Fund had lost in value (in a half). I had invested a total of 7033.50$ in the Sprott Canadian Equity Fund. My goal was too see my investment double. But… guess what happen? I almost lost half of my money with Sprott Canadian Equity Fund. I won’t blame Eric Sprott but still… lol. Anyway, I didn’t lost it all, my investment with Sprott currently worth 4 038$. Not soo bad.

Another surprise: usually, when the TSX is loosing points, usually, it makes Pengrowth Energy Trust (PGF.UN) loosing value too. But right now, oh surprise, Pengrowth Energy Trust (PGF.UN) is at a relatively stable 9.11$. This is really good.

Right now, Livingston International Income Fund (LIV.UN) is at 5.40$ (1:18PM) and Yellow Pages Income Fund (YLO.UN) is at 5.06$ (1:18PM). I am surprise to see Livingston International Income Fund higher in price than Yellow Pages Income Fund. Earlier this year, Livingston International Income Fund (LIV.UN) had suspend their dividend payment. I just wonder when Livingston International Income Fund (LIV.UN) will pay again dividend. I would like that.

Dumont Nickel (DNI) is at 2 cents (1:19PM)…. When I will be able to sell Dumont Nickel (DNI) at 4 cents pe stock? Will the time will ever come? This was supposed to be my great penny stock trade. A penny stock trade that all went wrong lol. But I still own DNI, I waiting for its price to reach 4 cents… and than sell.

In the meantine, my little apartment is all crashy. I need a cleaner or I will have to do it myself lol.

Dividend, jobs and HubPages

I don’t know what’s going on; I didn’t receive my Just Energy Income Fund dividend yet. It’s really getting on my nerves and it’s quite stressful not to see it coming. Anyway, if I didn’t receive my Just Energy Income Fund dividend by next Monday, I am going to all TD Waterhouse and ask this simple question: where are my Just Energy Income Fund dividends? lol

I felt a bit better today after asking if I could follow my regular schedule at my evening job. I was told I could do my regular schedule anyway. This week, some hours were cut of my schedule and it make me feel bad, as I am not working this upcoming Saturday at my weekend job – and no one actually told me so. But it’s true they are facing a lack of work and maybe they are trying to give the maximum of hours to their full-time staff. I really don’t know what to think about it. Everything was going fine until this weekend. I got good nerves and can take a lot of stuff on my back but gees... after being working at my weekend job for more than 2 years now; I taught someone was going to show off just a bit more respect. But I shouldn’t ask to much coming from Quebeckers, shouldn’t I?

Anyway, I am not too sad because at least, I am working, I don’t have problem to pay my bills and ho, another thing, last week, I reach my first 50 000$ worth in assets. I was quite surprised when it happens, on August 5th. I wasn’t expecting it for this summer at all. It was a real surprise. And I was even able to go a bit further with the 50 073.91$ I was able to reach.

At least, I was able to reach one my goal. My other goal was to reach 2 000$ value in dividend income by the end of the summer. I probably won’t be able to reach this goal unless the companies I invested in decide to increase their dividend. Another goal of mine is to make 200$ per month from Google AdSense lol. At least, this summer, I reach at least one of my goals.

I am doing kind of ok on HubPages. My Google AdSense is up to 30.72$, up to 24 cents… But HubPages definitely worth it. With my 2 jobs, I don’t have too much time to spend on HubPages and writing just one article take me just forever. But I am working very hard at it. The most difficult part comes from the fact that the earnings are quite low for so much work. But still, without it, I wouldn’t probably see my AdSense rise of about 4.72$. The best way is to remain positive. I mostly see HubPages as a potential money maker. Part of the difficulty come from my English skills, maybe a bit too low to write good contents, but that never stops me from writing on HubPages, but it did stop me on Associates Content. Like I can fight as long as I want but… you know, come a time a girl cannot go through it lol.

So I wasn’t able to get published on Associated Content. HubPages work great for me. My everyday life slows me down on HubPages. It’s difficult to work, have a life and trying to make money online. And sometimes, I just don’t feel like writing nothing at all, but it never last for long. Trying to make money online is among most of the difficult thing I ever went through of my life, but we’ll see if I can go through this.

Right now, I taught that maybe instead of spending so much of my time working for nothing, I should begin my search for a day-time job. I might move forward since my weekend job so difficult. I really need money.

Friday, August 7, 2009

Looking for upcoming grow, massive $$$

It’s seem like I am working this weekend. The value of my stock portfolio is up to 33$. And there’s definitely place for more growing. If the TSX keep gaining points, my portfolio will definitely gain in value. And the money I once lost with Timminco and Sprott will only be a souvenir. Not that I am expecting Sprott and Timminco to gain in value. But other stocks and units of my portfolio will.

Funny fact about Timminco (TIM): At the request of Market Surveillance, on behalf of the Toronto Stock Exchange, it’s been announced that Timminco has not been involved in any transactions that could help Timminco to gain value. Earlier his week, the price of Timminco gain 0.14 cents and had reached 1.47$ per stock. But not to forget, Timminco had received money from Quebec province – for once, Quebec province is doing something correctly!

I like Timminco and I still hold the company in my portfolio. Timminco had been hurt by the recession, just like Livingston International. As soon things get better, price will go up. That’s why I am not willing to sale. On date of today (1:36PM), Timminco (TIM) is at 1.47$.

Methanex (MX) currently worth 18.72$ per stock. When the TSX was at 15 000 points, Methanex Corporation was at 30$. The value of my initial investment made in Methanex worth 1 626.80$ back than. Currently, this investment worth 1 909.44$. I wasn’t expecting MX to go up. But when it did, I was very happy. Like anything can happen!

If, by any chance, MX goes up to the old 30$.... It will double the value of my investment.

Need other extraordinary examples?

I purchase 100 units of Bank of Nova Scotia at 44.82$ thinking the price was right. It was actually before the price fail to 27$... BNS can easily reach 50$ per stock… If it does, it will make a profit of 533.54$.

And so on. Similar grow could happen to PIF.UN, JE.UN and FTS. And regarding HE, well, I don’t know what to think anymore as the price is low!

Other than that, my Google AdSense income is up to 30.48$. HubPages is really fun to use, but writing articles require a lot of work. One of my latest articles talks about Stevens Demers, author of a financial crime of $10 million.

Thursday, August 6, 2009

This is it, I make it!

I finally make it. Its official, on August 5, 2009, I reach my goal, which was to get 50 000$ value in assets. I currently have 50 073.91$ worth in assets.

But the adventure of my first 50 000$ is not over yet… because I have debts.

On date of April 2009, I had 16 627.99$ value in debts.

50 073.91$ - 16 627.99$ = 33 445.92$

In reality, I only worth 33 445.92$. I am planning to get a day time soon, I had been talking about this job searching thing like forever now, but I didn’t really search for a day-time job. I would very much like to pay off my debts in 2010. It would be nice to get debt free before I get 30 next year. But I know myself too well, I way prefer to invest than paying debts. But will see how things turn out.

Wednesday, August 5, 2009

Today might be the day

Even if the TSX losses just a couple of points in this morning summer morning, my portfolio gain 69.07$. And this is it, I think today is the day where I am going to reach my first 50 000$ because I am expecting a pay today at midnight! It should be around 250$ I believe. And if I am lucky enough, I will receive today my Just Energy Income Fund dividend. And I will hit the magic 50 000$ in assets TODAY.

It have to be today. The exhausting part comes from the fact that I will have to calculate all over again my assets, just like I did yesterday. And because of that, I didn’t find any energy to work on my HubPages articles. I was very exhausting. But don’t forget that when I come back from work, it’s already pass midnight. Crazy time, but I like my night shift. Yesterday was very a hot day; I cannot just support the heat. Before I went to wok, I went pay my bills and when I hit to work, I was sweating. Horrible summer heat. The New Brunswick girl that I am just cannot stand the heat.

On August 7th, there’s an upcoming movie call Julie & Julia coming in theatre with Meryl Streep. It’s going to be a good movie! I saw the preview and I find it very sweet. I hope it will be release this Saturday in Montreal. I also visit Julie blog. It’s really fantastic because in the movie, we see her writing in her blog and to see that it’s like wow! Really fantastic. And guess what, there are absolutely no Google AdSense ads in her blog. NONE lol….

I am now missing less than 200$

Thanks to the TSX big jump to over 11 000 points, I am currently almost reaching my first 50 000$. It’s a very long process to calculate the value of my investments as I have so many of them in different accounts. But each time the TSX makes a major jump, I don’t mind taking a few minutes of my time to calculate the value of my investment. This time, the effort really worth it. I am only missing 153.03$ to reach my first 50 000$. I am receiving a pay of around 250$ this week, so I might be able to reach my first 50 000$ this week! The value of my asset is currently of 49 846.97$. Once my first 50 000$ will be reach, everything will be a lot easier. I cannot wait to reach the 75 000$ and after that, my first 100 000$.... And of course, I will continue until I reach my first million for sure lol.

I received BNS dividend today, I now own 103 stocks of Bank of Nova Scotia (BNS). I just would like to own more of this jewel. Really fantastic stock that is the Bank of Nova Scotia.

I had been working on this investment project for so long now. At some points, I told myself I shouldn’t invest the way I did. I mean, I invest massively in stocks, mutual funds and other and, at some point, I ask myself if it was wrong, if I shouldn’t simply keep the money in my banking account… But the doubt never remain for too long as I really like to invest, check out the TSX, read about financial news, waiting for my dividend payments, etc… Those are really part of my life now and I couldn’t live without those little things, as silly as it sound.

Tuesday, August 4, 2009

Because I am hot like that

Check it out: the TSX is very close to 11 000 points right now! This is good news for investors! My portfolio is up of 432.06$! I cannot wait to see the result for my mutual funds. We are close to August 27 (which is my birthday). And I just hope I will be able to hit the 50 000$ at that time! It’s going to be awesome!

As you know, I love to calculate… So let’s calculate: 432.06$ + the current 48 647.28$ =
49 079.34$!

And even more exciting, I didn’t receive the dividend from Bank of Nova Scotia of 49.98$ and Just Energy Income Fund dividend of 20.87$....

49 079.34 + 49.98$ + 20.87$ + 1.78$ extra I made lately with my online revenue…..
= 49 151.97$

I am now only missing 848.03$ to reach my first 50 000$. I might be able to make it just in time for my birthday.

I would very much like to sell Dumont Nickel (DNI) at 4 cents, but nothing happen yet. My order still in and is going to valid until August 28.

As for my online income, I am having the time of my live on HubPages. I saw my Google AdSense income up to 1 cent this morning. I prefer a 1 cent income than nothing at all. When I come from my evening job at midnight, first thing I do, I connect to HubPages and to my online money maker accounts to see if any money had been made. It’s truly possible to make money online. It’s take enormous amount of my time as I am spending all of my free-time writing articles. But we will see the results at the end and we’ll see if the time spends writing articles on HubPages worth it or not in a couple of months.

I have to think of my RRSP. I was thinking about opening another broker account because TD Waterhouse ask investor 20$ or so per year to open an RRSP acount, even if I register with eService. This is soooo ugly, asking fees for a RRSP account, really TD Waterhouse has no class.

Saturday, August 1, 2009

48 647.28$!

That’s right, I am now at 48 647.28$. In date of July 31, 2009, I am only missing 1 352.72$ to reach my first 50 000$. This is very great. I am very close to my goal now. If only I can work during all the weekends of the month of August, chance are that I will be able to meet my goal by the end of August or September – but only if the TSX remain relatively the same or – even better – gain more points. Everything is possible, but I would really like to say, even just for one day, I now have 50 000$ in assets. WOW!

Thank you

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