And how about a gain of 268.95$ instead?

My non registered stocks and units investment portfolio is now at 48 371.86$... It’s keep adding up, increasing…This represent a gain of 268.95$ compare to March 24…It’s even more than the gain realize just yesterday.

Too bad Just Energy Income Fund (JE.UN) had to decrease at 14.18$, when I purchased 200 units at 14.29$ and 100 units at 14.30$ this last Friday... However, some other companies are « jumping ». They are: Yellow Pages Income Fund (YLO.UN), now at 6.22$, Bank of Nova Scotia (BNS) is ALMOST at 52$.... Great surprise with Enbridge Income Fund (ENF.UN) who exceed the 13$ per unit. I say surprise but hey, this is a Derek Foster pick! So we shouldn’t be surprise with this increase at all! All increase are welcome of course.

Currently, Enbridge Income Fund (ENF.UN) is at a fantastic 13.26$!! I hope the day continue like this. If so, I am going to update again the whole thing… Doesn’t look like it, but updating my portfolio always is taking me a good hour, if not an hour an a half each time. Busy Friday.

A gain of 203.24$ in my stocks & units investment portfolio

I am quite exciting on how well things are going! My only regret is to see that poor woman at the name of Ann Coulter making a fool of herself in Canadian territory. All the people I take to about it agree: Ann Coulter is a poor foolish writer, Republican, and all what happen at the University of Ottawa had giving Ann Coulter a good press coverage and it’s a shame. First, the woman is against Muslims and gays. She said in a press conference: "How did Canada go from being the country that sends us all our best comedians to a bunch of whining, crying babies that can’t take a joke?" Muslims and gay rights, among other, are not a joke. It’s not something anyone had the right to make fun of. Canada is a country of integrity. Ann Coulter makes a living by selling books. What happen at the University of Ottawa is giving her free press: see, I am actually talking about her on my blog right now!

But I feel powerless, very irritating to see Ann Coulter wanted to be well-treated in Canada. Ann Coulter won’t be well-treated in Canada because most of Canadians are for civil rights, are Muslims and gay friendly. Best thing that can possibly happen at the University of Calgary: I hope she’ll be giving her speech in front of an empty theatre. Shame at the University of Calgary, the University of Ottawa and the institution of London Ontario to have invite Ann Coulter for a speech. Also, shame at the editor of the National Post who had published an email send by a senior administrator of the University of Ottawa send to Ann Coulter. This is all a big mess and Ann Coulter is taking advantage of it. I never heard about Ann Coulter before the Ottawa events. But when I read about Ann Coulter and learn more about her, I just had one thing on mind: the bitch is better to leave Barack Obama alone! Its all I have to say about Ann Coulter. If you are not aware of Ann Coulter and what happen at the University of Ottawa, you can google Ann Coulter University of Ottawa and you’ll see by yourself… Ann Coulter is a blond freak. Should she never come to Montreal or she will receive exactly the same treatment she had received in Ottawa.

As for now, my stocks and units investment portfolio (non registered one) is currently at a very awesome 48 306.15$, a gain of 203.24$ compare to… only yesterday! I don’t even earn that much money in one day of work right now! All gain, as little as they are, all good and welcome. At this point, my investment life is much much interesting because I had reached the amount of richness I never expected to have of my life. I realize this today, as I was working… lol. I can definitively “feel” the portfolio taking form… Can you feel it too? lol… My good and bad investments experience (and bad work experience at BMO Bank of Montreal) allow me to appreciate my money even more and I can now see clearly exactly where I am going. Straight to the point as always.

So things are getting pretty hot in my investment portfolio. Yesterday, I went through this calculation:

86 047.56$ (total) in assets + 4 239.96$ in annual dividend income
= 90 287.52$

Wow…… 90 287.52$. Isn’t that awesome?

Ok, yes, I have 36 585.03$ in debts, but my yearly dividend cover the cost of the interest rate on the money I borrow. At 36 585.03$ in debts, I am not in the deep red. Well, I do not considered myself as being in the deep red, struggling with debt problems. So check this out:

4 239.96$ (amount earn in annual dividend income) – 1 775.20$ (amount of the interest generate on my 36 585.03$ debt)
= 2 464.76$

Very very good!

The key is to have enough money to cover the minimum loan payment due each month. At this point, I have no problem. Everything is under control. At least for now lol...

Hope that sharing my experience will help other to believe that the dream is possible.

If you want my point of view, BMO Bank of Montreal and Ann Coulter are looking pretty bad right now. What do you think?

I am now at 86 047.56$

Nice day today. NB Power won’t be sell to Quebec, I had purchased 300 brand new units of Just Energy Income Fund (JE.UN)… live is good! I had left 1 077.99$ in cash on my TD credit line, which is great. In case of need, I will have cash available. I could invest in 100 units of Claymore Gold Bullion ETF (CGL) since the unit price is currently under the 10$ per unit but for more safety, I prefer to have some cash available somewhere.

Nice gain for Bank of Nova Scotia (BNS). Too bad the TSX lose points today. However, I update my investment portfolio since so many changes happen in the last couple of days.

I am at 86 047.56$. Also, my level of debts had increased.

Here’s an overview of the situation:

Total assets: 86 047.56$

Annual dividend income (non registered account): 3 933.56$
Annual dividend income (registered account): 306.40$
Total in dividend income: 4 239.96$

My debt situation:
Student loan: 8 464$ at 4.75% = 402.04$ in annual interest
Credit line: 4 840$ at 3.5% = 169.40$ in annual interest
Credit line: 3 922.01$ at 8% = 313.76$ in annual interest
RSP Credit line: 10 000$ at 4.75% = 475$ in annual interest
Credit card balance transfer: 5 000$ at 4.9% = 245$ in annual interest
Credit card balance transfer: 4 359.02$ at 3.9% = 170$ in annual interest

Total of debts: 36 585.03$
Total in annual interest rate: 1 775.20$
I calculate the interest rates on an annual basis, but the credit card balance transfer I have made are valid for 6 months only.

At this point, having more debts will make no sense. Its actually barely make sense at this point. I am fair play, I like to expose it all…

Here’s my net value:

86 047.56$ (total) in assets + 4 239.96$ in annual dividend income
= 90 287.52$

90 287.52$ – 36 585.03$ (total of debt) – 1 775.20$ (total in annual interest)
= 51 927.29$

At this point, my net value is of 51 927.29$. Since my net value is more than 50 000$, I feel comfortable with my debt situation. At this point, I won’t apply for any more credit line, loan and I won’t borrow any more money using what I call my ping-pong method. At this point, I won’t go deeper in debts.

Did you notice, we are now at a 90 287.52$ (after adding the juicy dividend income). We have less than 10 000$ to go! Nice, but are we going to be able to make it? Yes, but…

I borrow money using credit card balance transfer on a regular basis. I did one back in November 2009 for the amount of 1681.78$ at 3.9%. This one will expire in May or April 2010. So what’s going to happen? If I do not receive a credit card balance transfer, I will have to sell some stocks. If we sell any of our investment, we won’t be able to make it, we won’t be able to reach our 100 000.00$ assets. The market seems to be fairly ok. I can invest 10 000$ in the next 10 months. That’s possible. But if I have to sell anything I hold to pay off one of my credit card balance transfer when they will expire…. I won’t be able to make it. And if not, my live will be ruin. I won’t be able to get my revenge on BMO Bank of Montreal who lay off me very unfairly.

So what are we going to do?

For that part, I don't know yet.

My debt situation in date of February 24, 2010

Student loan debt: 8 517.94$ at 4.75% = 404.60$ in annual interest
4 817.03$ at 3.5% = 168.60$ in annual interest
4 436.21$ at 3.9% = 173.01$ in annual interest
3 587.13$ at 8% = 286.97$ in annual interest
10 000$ at 4.75% = 475$ in annual interest

Total of debts: 31 358.31$
Total in annual interest rate: 1 508.18$
[In date of February 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.