My watch list

This post is about stocks and units I would like to purchase next.

I watch the index and of course, I am looking to extend my portfolio and invest more and more into current and other companies. Those are the stocks and units I would had purchased right away… if I would only have some money left.

My love’s one:

Bell Aliant Regional Communications Income Fund (BA.UN)
Current value: 24.73$
52 Week High: 30.55$
52 Week Low: 21$
Annual dividend: 2.904$

Time to buy before it’s become unaffordable!

I really like BA.UN. That’s actually a real one from the Maritimes and it rock! The annual dividend is huge! Almost 3$ per unit. This is an optimum BUY and HOLD lol :)

Great-West Lifeco Inc. (GWO)
Current value: 18.58$
52 Week High: 35.94$
52 Week Low: 11.21$
Annual dividend: 1.232$

For me, it’s seem a good one. Great-West Lifeco offers services to other companies like RRSP along others. GWO is a BUY.

Manulife Financial Corporation (MFC)
Current value: 16.40$
52 Week High: 40.59$
52 Week Low: 9.020$
Annual dividend: 1.04$

A buy? Maybe, maybe not. Analysts seem not to thrill about Manulife. I personnaly prefer GWO rather than MFC. But other than that, if I had a lot more than what I have now, I would have for sure invest in MFC. But in the conditions that are mines, I prefer Great-West Lifeco.

Energy Savings Income Fund (SIF.UN)
Current value: 11.25$
52 Week High: 15.40$
52 Week Low: 6.32$
Annual dividend: 1.236$

This is a good one. SIF.UN is kind of like Pembina Pipeline Income Trust on the sense that they plan to keep paying dividend (and no plan to cut) to their shareholders and its sound – by reading different press release – very well organized and stuff. It’s all I kind say about them, with all the knowledge I have. Among other, I would also like to purchase some other PIF.UN units and Fortis stocks. PIF.UN is affordable and pay good dividend. I just cannot imagine DF at the moment he had sale his PIF.UN units! Unimaginable!

On what happen at the job interview

I had an interview this late Friday, on April 3 for the job I had been referred to by the place I used to work during the morning. It was not what I expected and I was badly hurt to be offering such job. I was expecting something better. It was my first job interview in about near a year now.

Basically, the job was as a self-employed and it was about calling CEOs, directors of bank (was TD in the list, I don’t know lol) and others like that. I was about asking questions; see if they qualified for a project and than, ask if they were available to come for a one hour interview on site. I find it incredibly stupid, asking such things to supervisor and other. I was very upset to be referring to such job. I left the job after saying I didn’t want to occupy a job as a self-employed – that’s a good excuse that cross my mind. That’s excuse came by after she asked me if I it was because I was not feeling like I could do it. Wow!

The job was very terrible like that and I cannot imagine one minute asking a CEO some questions but worst part being me asking them to come onsite and so on.

And the worst being that I wake up early that morning to print a copy of my update resume. As I was leaving, I was feeling a lot of sadness in my heart and during that time, in the state of New York, 13 innocent persons were shot to dead.

After learning those 2 bad news, I was able to catch up with my weekend job and by finally saying I was available to do some hours during day time. Which had been accepted.

On my lovely weekend

I just cannot believe such individual can posts such comments on my blog! Like this is not a professional blog or something like. It’s just something I am doing for myself and for the fun of it. And I really enjoy blogging. I have several blogs and it might be poorly written, but I am not looking into winning a literature prize. Some individual can really be disturbing. And I am talking here about a comment that I had been left on my last posts. Anyway, I got the picture right. But what actually I like about this is how much I can write and tell in this sort of basic by nature English of mine. It could surprise since I am from New Brunswick but I am not originally from the English part of the province. Anyway, let’s pass on.

But something worst disturb me this week. It shouldn’t be something disturbing but it did disturb me – because I had been very tired in the last couple of days. I am tired of my daily routine, tired of it. Of me working so hard for my money. And I got stress about the taxes I have to do. This is stressing me more than anything else. Sometimes, just the accumulation of different things just make it too much at the end. And for me, I meet the end when I received the package to vote for Methanex. Like enough and enough. I want some free time. And this remains me of the old days when I was only working on weekdays with one pay check. Like everything was nice and gees, what did I did with myself.

And this weekend was one of them, like I had the whole Saturday for myself. I was working – thankfully – this Sunday. I really need the money to pay off my credit line. In this difficult time, it might had been better if I would had just pay more on my student loan, but I am too excited about reaching 2000$ in dividend earnings – probably by the end of the summer.

I confirm the deal, I will be able to work 36 hours weekly at what used to be my working job. The plan almost got ruined because of my morning job. Where I used to work on the morning, they refer me to 2 jobs. First I got excited, I taught it was going to be a good job and all that but gees, it was 12$ per hour, « under the table » lol – as a self-employed and it was really just occasionally, very temporary work. But I didn’t accept the offer. It wasn’t paying enough and the reason I gave for refusing was because it was a job as a self-employed.

I do not care about the jobs I am doing or what so ever. What I need is continuous amount of money coming in my banking account. And for that, I need stable jobs, no matter are bad paying they are. But I do not complaint. I can easily myself go like this for another 2 years or 4, depending on how things are working for my portfolio. That occasion job I had been offered could had disturb the plan of me reaching 8 000$ in extra money by end of the summer. That make valuable money I can invest in Pembina or other if I want to. But I had other plan than Pembina Pipeline Income Trust. Those are from my watch list and I am going to write next about it.

My top performers: Pembina Pipeline Income Trust and Crestsreet Alternative Energy Fund

I didn’t calculate my overall value for quite a time (like do I really care), but I did it intentionally, knowing I might be close to the same amount of money – still after several weeks of waiting for the TSX to come up again. The market had move a lot like always, but no drastic change still in my portfolio. Pembina and Crestsreet are the exception for the rule and they are both very, extraordinary amazing.

Pembina and Crestsreet Alternative Energy Fund are about the only 2 investments who had took some value in my portfolio and I am still impress by the fact that, well, it had taking some value!!!! LOL.

I was very proud of my choices: purchasing 100 units of Pembina Pipeline Income Trust was one of the best ideas I ever had. I purchased 100 units of PIF.UN back on March at 12$. For now, each unit worth 13.42$. Since that time, the highest Pembina reach was something like 14.50$. I was like wow! Like its way too much fun! And for each unit, I earn 1.56$ per year, as the annual dividend is of 1.56$ per unit.

In date of April 3, my 1 000$ initial investment made in Crestsreet Alternative Energy Fund now worth 1 042$! I just hope it will continue this way. It’s seem like in my portfolio, Crestsreet Alternative Energy Fund had taken the place of Sprott Canadian Equity Fund. But that’s now wanted from me. It’s just how things went by.

For me (a while ago lol), Sprott Canadian Equity Fund was the "investment" or was supposed to be the one. Sprott Canadian Equity Fund was supposed to be my mine of gold. But nothing happen. Instead, I lost half of the money I invest in it and I am just upset about it. Anyhow, there is no – officially – no "money lost" until the investment is being sold, so for now, I stick and hold. But eventually, the goal would be to make a huge amount of cash from Sprott and than sell it to purchase high dividend paying stocks. But the question that remain is if Sprott Canadian Equity Fund still represent a good investment and to this question well, I do not have the answer.

Rock on :)

My first vote as a shareholder of Methanex Corporation

I previously vote as a shareholder of Bank of Nova Scotia (BNS) a while ago. Now it’s the turn of Methanex Corporation (MX). Actually, my vote for Bank of Nova Scotia was my first vote as a shareholder. I wasn’t prepared to vote for another company any time soon and I was quite happy to have the opportunity to vote for another company… that I own lol. Most hilarious part is that I had received the voting package… in English lol. Very funny. But I understand English enough to take "clearly" decisions or what I believe will be a good decision.

I didn’t begin the reading of the document yet. I am way too exhausted on what had happen to me lately. I am going to explain it all. But for now, my portfolio is taking form and it’s beginning very interesting to be… an investor lol!! No matter how bad the economic situation is, companies like Bank of Nova Scotia, Fortis, Pengrowth Energy Trust, Livingston International Income Trust, including Methanex Corporation among other, continue to pay dividend to their shareholders. And this thing is real. I had received a little more than 300$ in dividends money and I cannot wait to earn more.

If small investor were doing the same thing as me, we could boost the Canadian economy. But unfortunately, it’s not something I can do by myself alone, me and my little thousands of dollars here and there. But the whole investment thing begins to be more and more interesting. The portfolio I own at a broker now worth an average of 20 000$ in value right now and I expect to see it’s growing over the next couple of months. If only the TSX could reach 15 000 points again, my overall value could reach 75 000$ and maybe even more. And what I like about the stocks market is that there is no discrimination of what so ever. You invest in a company, it give you automatically the right to vote for it, to earn dividend and so own. And nothing is done to stop the process by anyone among the way.

And there’s no more powerful tool than the stocks market. I saw it from my own eyes. In a day, I could had make close to 500$ or so by selling some of my investments. This is fantastic.

Earning New Dividends

I just received new dividend from Livingston International Income Fund (LIV.UN) and Methanex Corporation (MX). I earn one extra stock of LIV.UN and another one of MX. And I earn an extra 14$ in cash to pay off my credit line. I really can pay off the interest of a 5 000$ credit line following Derek Foster strategy as he explains in his latest book Money for Nothing. Now, knowing that, will I be able to follow his strategy regarding optons?

I previously wrote that I began to understand the "options strategy", but really, I find it still difficult. I once call the Options department of TD Waterhouse. I spoke to an Indian I believe. Cute accent, good explanations. But in date of today, I find it still difficult. Would I be able to live from my dividend one day? And no siminar are being offer regarding options in the Montreal area. So what do I do now? :)