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Wednesday, March 24, 2010

My stock investment portfolio in date of March 5, 2010

Savings:
2.69$ (ING Direct)

Non RSP Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 2 171.50$
Timminco (TIM): 250$
Blue Note Mining (BNT): 50$
Bank of Nova Scotia (BNS): 5 234.25$
Hanwei Energy Services (HE): 117$
Methanex Corporation (MX): 2 720.23$
Fortis (FTS): 2 998.32$
Pembina Pipeline Income Fund (PIF.UN): 7 252.28$
Just Energy Income Fund (JE.UN): 5 981.22$
Dumont Nickel Inc. (DNI): 460$
Yellow Pages Income Fund (YLO.UN): 2 638.35$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 545$
Pengrowth Energy Trust (PGF.UN): 1 207.34$
Enbridge Income Fund (ENF.UN): 3 815.20$
Corby Distilleries Limited (CDL.A): 1 520$
Davis + Henderson Income Fund (DHF.UN): 1 658$
Premium Brands Holdings Corporation (PBH): 2 940$

TOTAL: 43 558.60$

Tax-free savings account:
RBC O'Shaughnessy Canadian Equity Fund:
2 699.51$
Creststreet Alternative Energy Fund: 1 165.71$
Sprott Canadian Equity Fund: 5 021.46$

TOTAL: 8 886.68$

RSP:
CIBC Dividend Growth Fund: 492.78$
CIBC Emerging Markets Index Fund: 433.49$
CIBC Monthly Income Fund: 967.28$

Energy and Base Metals Term Savings (Indexed term savings): 546.25$
Natural Resources Term Savings (Indexed term
savings): 502.06$

GIC National Bank: 1 170$
GIC Finance Plus: 1 513.97$
GIC Plus: 500$

TD Canadian Bond: 111.45$
TD Monthly Income: 100.21$
TD Emerging Markets: 79.22$
TD Energy: 81.98$
TD Precious Metals: 104.64$
TD Latin American Growth: 93.97$
TD Entertainment & Communications: 103$
TD Dividend Growth: 196.28$
TD U.S. Mid-Cap Growth: 99.03$

TD RSP account: 10 500.19$

Maritime Life International Equity Fund
(Templeton): 636.36$
Manulife Simplicity Growth Portfolio: 858.25$
Maritime Life CI Harbour Seg Fund: 1003.90$
Maritime Life Fidelity True North Seg Fund: 967.20$
Maritime Life Trimark Europlus Seg Fund: 597.12$

Great West - Various: 1 704.96$

RBC Canadian Dividend Fund: 503$
RBC U.S. Mid-Cap Equity Fund C$: 1 799.48$
RBC Global Resources Fund: 882.91$
RBC O'Shaughnessy International Equity Fund:
589.71$
RBC O'Shaughnessy All-Canadian Equity
Fund: 1 008.26$

GIC Canadian Market: 1 000$

TOTAL: 29 146.95$

Social Capital at Desjardins Membership share for
3 accounts: 40$

Savings + Stocks, units, mutual funds + Tax-free
savings account + RRSP + Online Income (74.63$):
81 709.55$
[In date of March 5, 2010]

More more more, welcome 300 units more of Just Energy Income Fund (JE.UN)

Just before I make my 300 units purchase of Just Energy Income Fund (JE.UN), my investment portfolio (the non RSP one) was at 44 011$! WOW! I invest in 300 units of Just Energy Income Fund (JE.UN). I am now currently at 48 273.05$. Now am at... 48 294.81$ (10 seconds later). I like trading on T D Waterhouse! Experimenting the power of real time lol.

Tonight, we are going to update our investment portfolio. I hope the day will finish well on the stock market.

The poor Timminco (TIM) is now at less than 1$. Bank of Scotia (BNS) is at more than 51$.. HOT stuff going up. So go go go TSX. Make my day.

NB Power belong to New Brunswickers!

Finally! New Brunswick Premier Shawn Graham had been intelligent enough to close New Brunswick doors to Hydro-Québec! New Brunswickers had what it take to be energetic independent. Shouldn't ever loose the control of our province never again! the Québec Governement is just so ridiculous. By asking too much, Québec had the deal close. And that's better this way!

Is it New Brunswickers fault if previous provincial governement, we can think of Bernard Lord, didn't do what they should to protect New Brunswickers energy ressources? Just like other province, New Brunswick is able to be auto-sufficient. Just our ministers had stop to look ways around to sell us to foreigns, like Québec. Bernard Lord is just one of those idiot. He currently live in Montreal. One of the stupiest and laziest New Brunswick past minister live and work in Québec? Coincidence? No. too much jerks are here, especially in Montreal: Brian Mulroney, Henri-Paul Rousseau, among other. And I a just praying God almost everyday for a relocation.

But now, how New Brunswick going to produce its energy? I don't have a clue. Candle light....... lol..........

New Brunswick rock and NB Power blong to New Brunswickers and to no one else.

Anyhow, Hydro-Québec customer service is so poor, very awful. There's also a lot of billing problem. I don't want any of that shift in my province. So now things are going to be better for New Brunswickers since nothing of the poor Québec system will be in the place.

May God bless New Brunswick.

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).

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.

Saturday, March 20, 2010

EnCana Corporation (ECA): the benefits of investing in green natural gas energy

This last Friday, for our RSP, we invested in 100 stocks of EnCana Corporation (ECA). I wanted to explain the reason why I decide to invest in EnCana Corporation (ECA). Part of the reason why I decide to invest in EnCana Corporation (ECA) is that the one and only Derek Foster hold some stocks of EnCana Corporation (ECA) in his very own investment portfolio. So of course, everything that Derek Foster hold, we hold too. At this point, we do not hold all of Derek Foster companies, but it should be soon! But other reasons other than Derek Foster motivate our investment in EnCana Corporation (ECA).

What’s EnCana Corporation (ECA)?

EnCana Corporation (ECA) is a Canadian corporation. The headquarters of EnCana Corporation (ECA) are located in Calgary, in the province of Alberta. EnCana Corporation (ECA) had been created only in 2002, but it’s already a huge player in the natural gas industry. Actually, in 2010, EnCana Corporation (ECA) is the largest North America's largest natural gas producer. In Canada, EnCana Corporation (ECA) operated in Alberta, northeast British Columbia and southeast Saskatchewan and in Nova Scotia. In the United States, EnCana Corporation have activities in Colorado, Wyoming, Texas and Louisiana. Over 8 000 employees work for EnCana Corporation.

EnCana Corporation (ECA) is a well-establish company, even if the company had been around only since 2002. EnCana Corporation (ECA) is one of those perfect investments for RSP. Why? EnCana Corporation had good long-term perspectives when it comes to its natural gas assets. On March 16, 2010, EnCana Corporation (ECA) declared, to repeat the worlds: “Encana’s enormous inventory of natural gas resources more than sufficient to double production in five years”. This is a major announcement. EnCana Corporation (ECA) is ALREADY North America’s largest natural gas producer. And now, the largest natural gas producer announced that its gas resources are more than sufficient to double production within the next 5 years! Competitors in the same sector will probably never be able to become larger than EnCana Corporation (ECA) since EnCana announced that they will double its productivity. This is something significant. It’s announced a lot of grow to EnCana for the years to come. We can easily suppose that EnCana will probably later on increase its dividend.

While conducting search for our RSP investment, we had to think twice about EnCana Corporation. Fact is, EnCana Corporation is only paying 0.80$ per stock in annual dividend. We are saying only because we are used to invest in companies who actually are paying much more in dividend. Examples would be: Just Energy Income Fund (JE.UN) distributed 1.44$ per unit in annual dividend, Fortis Inc. (FTS) distributed 1.12$ per stock in annual dividend, and so on. Since we hold EnCana Corporation (ECA) in a registered broker account, its low-paying dividend does not affect us as much as if we would hold the company in a non registered broker account. But no matter what, EnCana Corporation represents a great investment and we are very proud to own now 100 of its stock. EnCana Corporation trade on both TSX and NYSE under the ticket ECA.

Need other reasons to invest in EnCana Corporation, either your living north or south of the border?

Well, EnCana Corporation regularly publish note about its cash flow. Until recently, I didn’t know about cash flow, until a reader explain to me that Jean-François Tardif, the glamorous ex-hedge fund manager (who might come back who knows), was picking stocks considering the cash flow of companies. On date of today, I am still note quite familiar with cash flow, but what I can say is that EnCana Corporation (ECA) may not pay a very huge dividend, but the company has a nice cash flow and regularly publish data about its cash flow. Need examples?

On a new release publish on date of March 16, 2010, EnCana publish the following data:

EnCana 2010 Corporate Guidance
Cash flow: 4.40$-4.80$
Cash flow per share ($ per share diluted): 5.85$-6.40$

The last sentence since to mean that for each stocks that EnCana Corporation has on the stock market, a cash flow of 5.85$ to 6.40$ is associated to the value of the stock. Which could mean – always from my understanding – that the real stock value of EnCana Corporation is of 37.77$ per stock! EnCana Corporation (ECA-T) close on Friday at 31.37$, loosing 2.33% of its value. But no worries, all stocks have it’s up and down, and its sometimes follow the market. This last Friday, the TSX closes at 11 947.98 points, loosing 92.04 points.

Also regarding cash flow, on March 20, 2010, EnCana Corporation (ECA) had been ranked on the 163 position on 1 000 companies, on a Top U.S. Stocks with Highest Cash Flow per Share article.

Another reason to invest in EnCana Corporation (ECA)

We personally really appreciate green energy investments. We really appreciate our late Creststreet Alternative Energy Fund for that reason. EnCana Corporation is a company that cares about the environment. The company had received awards for environmental initiatives. In 2008, EnCana Corporation invested $50 million on new technologies in order to increase the company energy efficiency. Currently, EnCana Corporation facilities located in Haynesville Shale (Louisiana, USA) use alternate water sources wherever it’s possible. EnCana Corporation is looking for ways to reduce the amount of water use for its activities.

Last Friday, I invested in 100 stocks of EnCana Corporation (ECA) at per stock. Even we lost some money in this investment, we don’t regret, for all the reasons mention above. We will follow the progression of EnCana Corporation (ECA) and we are very excited with this newest acquisition.
 

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