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Tuesday, March 23, 2010

Welcome Consumers’, 200 units of The Consumers’ Waterheater Income Fund in my online future trading brokerage

Right now, things are going so great, I thing we are going to be able to make it! Our stocks and units investment portfolio (non registered one) is currently at a super great 43 781$.

Up of 222.40$ compare to March 5, 2010! Very nice! We like slow, little calm increase of our portfolio.

For our first 100 000.00$, what I am looking for is stability. Not magical gain. And I continue to believe that if I continue to diversify my portfolio, we’ll be able to make great things happen.

Today, we use the money earn by our sell of Creststreet Alternative Energy Fund to purchase 200 units of The Consumers’ Waterheater Income Fund (CWI.UN). So it’s now official, we now own 200 units of The Consumers’ Waterheater Income Fund (CWI.UN). This investment is from our Tax-free savings account.

Since March 5, 2010, many changes happen in our investment portfolio in a very short period of time. We need to update our investment portfolio, but it won’t until a couple of days. Reason why?

I currently have just a bit more than 5 000$ to invest. A 1 000$ here, a 5 000$ there… Wonder where the 5 000$ is coming from? Well, it’s coming from a ping-pong game. To know what it is about, I will be mean, if you are a new reader, you will have to refer to previous posts. And to the ones who knows what I am taking about well, to them, I will say: OUPS I DID IT AGAIN! lol….

I have to say, this morning was quite busy. I ply ping-pong. I borrow 5 000$ at 4.9% for 6 months. Initially, that money was supposed to be use to pay off one of my credit line. I know I said I won’t borrow anymore… But it’s just for 6 months and I can manage this new loan in my budget payments. After this, I am done, no more ping-pong game. Ok, I have the money, nice, but what am I going to do with it? I was thinking about investing in Just Energy Income Fund (JE.UN). I know, you’ll probably say, more units from JE.UN. But did you know, Jean-François Tardif had well rated Just Energy Income Fund (JE.UN) in, I think, 2009. Ok, we are in 2010, but I think the situation with JE.UN pretty much the same, if not better than 2009 since JE.UN had made some new acquisitions since that time. Right now, JE.UN seems a good investment. So how about 300 new units of Just Energy Income Fund (JE.UN) in our portfolio?

Why not?

See the effect on our dividend income (for the non registered part):

Currently, with The Consumers’ Waterheater Income Fund (CWI.UN) included, we have an annual dividend income of 3 501.56$.

300 new units of Just Energy Income Fund (JE.UN) will provide us 432$ in annual dividend income (1.44$ per unit).

3 501.56 + 432$ = 3 933.56$ in annual dividend income (around 327$ per month in dividend income).

At almost 4 000$ in dividend annual income, we definitively going to invest in 300 units of Just Energy Income Fund (JE.UN)! I don’t know what’s going to happen in 6 months from now once my 4.9% will have expired. But that’s just in 6 months. We also have a previous ping-pong with CIBC that should end in the next couple of months… So we are going to see what’s going to happen to all of that fantastic money.

And by the way, we had received today our Bell Aliant Regional Communications Income Fund (BA.UN) dividend. We had received 24.17$ in monthly dividend from Bell Aliant Regional Communications Income Fund (BA.UN).

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