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Monday, March 22, 2010

Monday on the go

Another week begin on a good speed. My stocks and units investment portfolio is now at 43 797.30$, which is an increase of 238.70$ compare to what I hold on March 5th. My RSP portfolio with Emera (EMA), EnCana Corporation (ECA) and Claymore Gold Bullion EFT (CGL) didn’t do that well. I actually lost around 200$ from this group of investment. But nothing to worry about, its just the normal fluctuation of the stock market, from my point of view. But I have to say, I worry about EnCana Corporation (ECA) as the stock continue to loose some value without no reason. Just a bit scary, to tell you the true.

Newest dividend

I just received 29.18$ in monthly dividend from Enbridge Income Fund (ENF.UN). With the help of the DRIP, I earned 2 extra units of Enbridge Income Fund (ENF.UN). At this point, holding Enbridge Income Fund (ENF.UN) in my investment portfolio is very interesting because each unit now worth 13$! Nice profit right here with ENF.UN.

Creststreet Alternative Energy Fund is now part of the past

Last week, I place a sell order in order to sell all of the units I hold of Creststreet Alternative Energy Fund. I just received the cash from the sale: 1 100$. At the end, I made a profit of 100$ of this sell. I am now getting ready to make the purchase of 200 units of The Consumers’ Waterheater Income Fund (CWI.UN). I fix my order at the max price of 5.30$. Today, The Consumers’ Waterheater Income Fund (CWI.UN) close at 5.28$. So I guess the trade will go through. I prefer place my order in advance because I have things to do tomorrow morning before going to work, like getting my taxe papers ready among other things.

2 comments:

Ron said...

They're no problem with Encana, the problem is with too much natural gas available and not enough demand for it. As you mentionned yourself, Encana's enourmous inventory of natural gas will allow it to double production in the next 5 years. In the long term, you should do ok with it, but in the short term, i'm not so sure. Also, natural gas stocks, tend to go higher when the cold weather arrive.

Sunny said...

Its always a bit scary to see a stock loss its value... You mention good points. ECA is a long term investment for me.

 

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