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Thursday, February 17, 2011

RIP, may the light be with you

Today, my uncle who has suffering from Pakinson disease died in my little hometown of New Brunswick at the age of 64. In June, he would had been 65. It's not a tragic event in a way, as my uncle was in the terminal phase of Pakinson. His body was not answering him anymore. He could talked but it was difficult to understand him. He could no longer walked or eat normal meals since quite some time. The Parkinson disease my uncle had has nothing to do with the type of Parkinson Micheal Fox suffered from. There's absolutely nothing common between the two, this being said very quickly, without knowing anything much more than what I know from the actor condition. Back to the Future is my favorite movie of all time. Knowing Micheal Fox was suffering from Parkinson disease was such a shocked. As for my uncle, he had worked with different chemical products all of his working life and he could not had been as careful that he should. Maybe. I know the environment has something to do about Parkinson.

My uncle died today at 5:15pm Atlantic Time. It was 4:15pm here in Montreal. An hour before his dead, I was happily trading online, making big bucks from my sell of PHS.U. When I sell PHS.U, the silver units were at their highest value ever, 14.04$. I did the sell at 3:16pm exactly. And hour after, my uncle was diying. And it feel like it was my uncle last gift before he died. My uncle had always been so generous for me and my brother when we were children. He was bringing pen, papers, markers he was getting for free from work for us. Me and my brother were playing for hours on the Nintendo games belonging to his children. I also remember watching the movie E.T. at his place with my family. At a time, he was the only one who had a video player. I also remember his pets. I had done some home cleaning job when I was a teenager at his house. He had 2 sons, well employed. Today and yesterday, everything was put together to help me reach my investment goal. And yesterday, well, yesterday was the day of the 150k goal (and close to 70k in debt). But that's another story.

With the lost of my uncle, it's a part of my childhood who's going away and its feel like it will never be the same and I feel like going away from this damn Quebec province and get the hell out of here and never come again could be the right thing to do.

But than what?

With my latest investment in WTE.UN, I had reached the equivalent of 625$ per month in dividend income. I won't get a straight 625$ per month, I know what, because some companies I hold pay a dividend on a quarterly basis. I won't go far with 625$ per month in my pocket, but it's more than what I need to make the minimum payment on my debt.

Life is not good for me in Quebec province. I always had a kind of luck in everything, but this time, here in Quebec, I am loosing myself. I can't get a good job and nothing is good. My salary revision was due back in November 2010. Nothing since that time, and I ask many times. How long am I going to wait to get what I want? Am I going to loose my time here in Quebec forever?

Moving include a lot of things. I had accumulated a lot of things and I would need to move everything from here to my hometown. It's not like I just have a suitcase and I can go on a run, unfortunately.

Moving back home in New Brunswick could worked out, but that would be like I would gave up on everything and say: I quite. My problem back home would be to find employment. Also, I don't drive and well, there's no public transportation where I live... The problems are gigantic. It's almost like there's no way to end the misery. But doing a Stop Working on an annual 7 500$ make me laugh, in a way. Other than that, I don't know what to do.

New trades: WTE.UN

I sell 300 units of PHS.U at 14.04$ and I just buy 200 stocks of WTE.UN at 23.11$. I am very happy since this new investment will add up to my dividend income. 178$ x 2 = 356$. I did an amazing profit with PHS.U.

Wednesday, February 16, 2011

I am now at 151 053.11$

I didn't do any trades today. I just update my portfolio now. I was very curious on how much I was now since the amount for the rent of February, among other, had been debited from my savings. Even while having less in savings, I was able to reach the 150k, I even exceed it.

Currently, I hold 151 053.11$ in assets, 68 988.68$ in debt, 3 409.95$ in annual interest for the debt and 7 481.29$ in annual dividend income (non registered, TFSA + RRSP).

I am satisfy with those numbers of course, but I could worked at increasing my dividend income without adding new money to my portfolio, but that's something for later. The next natural goal would be to "my first" 200 000$... The 200k sound easy. My weekend job should be back in service in 1 or 2 weeks from now. I will focus on paying some debt.

My net worth is at a good 82 064.43. In the next couple of weeks, I will try to increase my net worth value by paying off some debt. While updating my debt section, I was surprised, because I am exceeding the 65 000$ in debt and I taught that I was close or around 65 000$, but never did I taught I was exceeding the 65 000$ of 3 thousands more... Having debt do not bother me, but since I now have what I wanted (150k in assets), well, time to pay off some debt...

WOW. This is really me saying that!!!!!

This time, I am serious about paying debt, even if it would be just a couple hundred of dollars per month. To invest, I can find thousands of dollars very easily but when it come to pay debt... it's another story. BUT... It's important to pay off debt. Remember my credit card balance transfer at 4.9% that is ending on April 2011... Debt is a reality, but also my 2010 tax declaration. I may have a couple of hundred to pay for my taxes. Debt is a reality that I can't no longer ignore.

Life is hard at this time for the Dividend Girl. I am working part-time only. Life is hard in the sense hard to make more than the minimum payment on all of my credit products. My weekend job should started within the next 2 weeks or so from what I was told. Everything happen just for a reason: TO PAY OFF DEBT. I have to keep that idea in mind and stop injecting new money to my portfolio.

Today was the day of my 150k, I need to celebrate.
 

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