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Sunday, April 11, 2010

I am a Neo-Brunswicker in power

Another weekend is over. My work weekdays schedule had been mixed up again this week but I am able to do the hours, just very inconvenient for me not to have my regular schedule. I was going to update my investment portfolio, but felt kind of tired and I am leaving things the way they are right now. The gains are good, but not significant enough to make a drastic change. And I do not hold 1 000$ in cash for now anyway, so all the one hour and a half work doesn’t worth it. But I notice really good gain. I still continue to believe that we are on the road to recovery.

I had been really right about the Sprott Canadian Equity Fund! My investment in the Sprott Canadian Equity Fund now worth 5 414.39$, an increase of 254.39$ compare to what we had on date of April 5. YEAH! And way to go Claymore! My fabulous Claymore Gold Bullion ETF (CGL) closed this last Friday at 10.44$. Remember that I had purchased 200 units at 10.16$? Hello wealthy profit! Since I hold Claymore Gold Bullion ETF (CGL), I saw the value of my gold bullions going up and down like a roller coster… But I am ready for the ride, that’s being part of the game. Also, I have to mention Yellow Pages Income Fund (YLO.UN), now at a fantastic 6.51$ per unit! Very awesome. I can easily imagine YLO.UN at 7$ per unit and it happen, my initial investment would than worth 3 031$, for a profit of 782.73! The fantastic CDL.A is now at 15.40$ when I had purchased 100 stocks at 15.30$ and so on…

The portfolio is relatively stable but just 2 deceptions: Just Energy Income Fund (JE.UN) who is at 14.10$ and Sprott Inc. (SII) at less than 4$, at 3.91$. I dislike seeing Sprott Inc. (SII) at less than 4$. But if the Sprott Canadian Equity Fund continues to well perform, this fund plus other Sprott mutual funds, Sprott Inc. (SII) value will rise. I think the stock market crash really affected Sprott. It had a bad effect on the Sprott Canadian Equity Fund as I explain previously and also on Sprott Inc. (SII) itself. If investors can remain confident as I am lol and invest their money in Sprott well, the situation will definitely get better. Investors had to invest. That’s very all. And I think that when it comes to investing, I did more than I could do. I did my part to save this economy, now its time for other to do their parts. Because its really like this, we all our parts, we all have a role to play in making things better, even if it’s a small role. But small roles can be rewarding and I like being a small players standing behind or between lol bigger players. It’s giving a sense of humanity to investment. And its really all what it is about. At least for me. And that’s basically what I mean when I say that I am a Neo-Brunswicker in power. In need of electricity lol...

Recent dividends: Sprott Inc. (SII) and Just Energy Income Fund (JE.UN)

Anyhow, I had receive 20.28$ in dividend from Sprott Inc. (SII) and 43.71$ from Just Energy Income Fund (JE.UN). All of those marvelous dividends had DRIP of course and had provided me extra stocks and units. Might seem like ridiculous sums of money, ridiculous investments all so extra diversify. But one day, those little sums of money and little roll over and so on will make me a very rich girl. Actually, when I went to TD Canada Trust for my 10 000$ RRSP credit line request this last March I think it was, after showing my assets (what you see in the right column) to the representative, I told him proudly: I am rich.

I never said it loudly before but the first time I ever said “I am rich” was at a TD Canada Trust branch in Montreal and funnily, the rep agree with me. So I had deal with someone really intelligent at TD Canada Trust and I got the loan I wanted. That’s how I do business, by letting other know that I am rich. I may hold around 36 000$ and something in debts. However, I am still rich and the rep at TD Canada Trust agreed with me so I am going to say it again: I AM RICH. Dealing with money is that just easy. Just need to come from New Brunswick to have a taste of it. That’s all.

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