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Sunday, September 13, 2009

My TD Waterhouse investment portfolio in review

The following is a partial review of my portfolio, to analyze the loses and the gains… Since I hold many investments because I like my assets to be very diversified. Diversification is part of our investment strategy. I am only passing in review the content of my extremely valuable TD Waterhouse online investment portfolio lol. Let’s take a closer look at the money made… and lost…

Bank of Nova Scotia (BNS)
Initial investment: 4 616.42$
Currently: 4 694$

Blue Note Mining (BNT)
Initial investment: 689$
Current value: 88$

Dumont Nickel (DNI)
Initial investment: 719$
Current value: 460$

Fortis (FTS)
Initial investment: 2 573.13$
Current value: 2 548$

Hanwei Energy Services (HE)
Initial investment: 674$
Current value: 399$

Just Energy Income Fund (JE.UN)
Initial investment: 2 482.73$
Current value: 2 523$

Livingston International Income Fund (LIV.UN)
Initial investment: 635.97$
Current value: 602$

Methanex Corporation (MX)
Initial investment: 1 626.80$
Current value: 2 142$

Pembina Pipeline Income Fund (PIF.UN)
Initial investment: 1 241.70$
Current value: 1 539$

Pengrowth Energy Trust (PGF.UN)
Initial investment: 6 221.87$
Current value: 6 211$

Sprott Inc. (SII)
Initial investment: 4 934.99$
Current value: 2 017$
-2 917.99$

Timminco (TIM)
Initial investment: 4 065$
Current value: 252$
-3 813$

Yellow Pages Income Fund (YLO.UN)
Initial investment: 2 074.95$
Current value: 1 941$

Sprott Canadian Equity Fund
Initial investment: 7 033.50
Current value: 4 401$
-2 632.50$

Creststreet Alternative Energy Fund
Initial value: 1 000$
Current value: 1 123$

Overall initial investment: 40 589.06$
Overall portfolio current value: 30 941$
Money lost: 9 648.06$

As you can see, I lost a great deal of money in 2 major investments: Timminco (TIM) and Sprott Inc. (SII). After being the king of the TSX, Timminco is now… a penny stocks. I still hold Timminco because, well, it’s from my portfolio. And if I sell Timminco now, I won’t have any chance to recover from the lost of couple of thousands of dollars. At my age (29), I can deal with some losses. But no one invest in the goal to lost money. And of course, I will have preferred to face no losses at all, but I accept them. I accept my losses because I am investing for a long term basis. From the 9 648.06$ we can deduct my upcoming annual dividend earning of 2 059$. After what, my lost is only of 7 589.06$. Still a lot of money, but it’s better than the 9 648.06$...

A major surprise in our portfolio was the gained realize by Methanex (MX). For a reason or another, Methanex value literally “boom” from 15$ to 18$ and than, to almost 21$ per stock. This had been quite spectacular. I am not a specialist, I do not explain Methanex sudden gain, I just appreciate it. And like it.

The first gain we ever notice in our portfolio was with Pembina Pipeline Income Fund (PIF.UN). Back than, we had purchased 100 units of Pembina Pipeline Income Fund at 12$. And not too long after our investment, we saw the value of Pembina Pipeline Income Fund increasing to a fantastic 15$ per unit.

All the gains made are sign that the economy is getting better. We don’t expect to see Timminco rise to the old 20$ per stock like it use to be, but the gain made by our other investment will help us to recover from the losses we face with Timminco (TIM), Sprott Inc. (SII) and Sprott Canadian Equity Fund. All other losses are minor and are related to the market volatibility, which we are use to face now.

Our best investment: Bank of Nova Scotia (BNS), Fortis (FTS), Just Energy Income Fund (JE.UN), Methanex Corporation (MX), Pembina Pipeline Income Fund (PIF.UN), Pengrowth Energy Trust (PGF.UN) and Creststreet Alternative Energy Fund.

We are now a step closer to financial freedom.

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