Student loan debt: 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$
[In date of March 24, 2010]
Monday, May 3, 2010
Sunday, May 2, 2010
Michaëlle Jean: Governor General of Canada (2005-2010)
Michaëlle Jean may have done a great job as the Governor General of Canada, but she didn’t do anything extraordinary for the people and her time is now over. Time to pass on the crown to someone else and, if possible, to a real Canadian this time. I have nothing against Michaëlle Jean. But for me, Michaëlle Jean is not a real Canadian. Why? It have nothing to do with the color of her skin, which is, obviously black lol, it have nothing to do with the fact that she was born in Haiti. My definition of a “real Canadian” has nothing to do with ethnicity or from where you are coming from. I want a Governor General who never been closed to Quebec willingness to become a country. I want a Governor General of Canada who had strong believe in Canada and I want to have a Governor General of Canada who has no relations behind the idea of a sovereign Quebec.
When Michaëlle Jean shows up publicly with her husband, Jean-Daniel Lafond, I am feeling shame, disgust. Jean-Daniel Lafond is a French-born with basically no real Canadian cultural identity. I mean, Jean-Daniel Lafond had been part of the FLQ, a militant Quebec-separatist organization. No one who had deal with the FLQ from close or far should had a connection with the federal highest position. Michaëlle Jean should never have never been nominated as Governor General of Canada, knowing who’s her husband. Back in 2005, I was a young woman, I knew who was Jean-Daniel Lafond and I couldn’t believe Prime Minister Paul Martin was doing this to Canadians, selling the Governor General of Canada position to Quebeckers.
When the shame will stop for real Canadians? Can real Canadians just live happily with the proud of being Canadians without having to deal with some scandalous Quebeckers, just willing to bring terror and destruction to one of the best country of the world, if not the best one? One day, the circus will have to stop; Quebeckers will have to decide to go one way or the other. The question of who will be designed as new Governor General of Canada is a question of national identity. And Quebeckers are not good examples of that. I thing that Quebeckers should simply separate, create of country of their own and we’ll be done with it, done with the shame, done with exocentric measure to satisfy the one who will just never be satisfied because of their stupidity.
Look what happen in Canada history when a Quebeckers had become Canada Prime Minister. Jean Chrétien, Paul Martin, Brian Mulroney. All gangsters, poor nominees, just selfish blood suckers. And here I am naming just naming the most recent ones. When the shame will stop? New Brunswick gone pretty bad in health care when Bernard Lord was PM. And Bernard Lord was born… in Quebec province. I know about Bernard Lord and New Brunswick because I am myself a New Brunswicker. And a French one by the way.
Quebec leaders are weak, lazy, and Canadians deserve much more than what can Quebeckers can actually bring to them. Prime Minister Stephen Harper may not be perfect, but he’s doing the best as he can in a difficult economic situation and deserves the respect of all “real” Canadians. Not to forget that Stephen Harper had provide Quebeckers the “distinct society” title to Quebec, so the fools can feel special in a unite Canada that no Quebeckers, by the way, truly deserve, knowing for who they massively vote for. As long as political parties as Bloc Québécois for the federal, Parti Québécois and Québec Solidaire for the provincial will be active, there will be no place for communication between real Canadians and Quebeckers. There will only be place for shame. Other French Canadians do not need Quebec, see, we are all bilingual, or almost lol.
And talking about disgust, Michaëlle Jean should have never been nominated as Governor General of Canada, her husband being who he is. As Canadian, I want to be represented by a Governor General of Canada who’s a real Canadian, not a fake one. And I don’t care about the color of the skin or from the nativity. Canadians have the right to be honor and deserved to be represent by a pure patriotic, someone with honesty. And Canadians have now that chance.
When I read about Michael Ignatieff who, according to the press, “is urging the prime minister to extend Michaëlle Jean's term as Governor General when her five-year appointment expires in September”, the only thing I want to say to Michael Ignatieff is: NO WAY! I am happy to have found out who is the real Michael Ignatieff, a maniac who, just like Paul Martin, wants to collect Quebecker votes, another selfish one who want to sell the Governor General of Canada position for another 5 years to Quebeckers. Remember reading in the press that Michael Ignatieff had called Brian Mulroney for his birthday? Another bullshit to have some Quebec voters. And what about the proud? Brian Mulroney did what he did. I won’t even write about hit. I just hate Brian Mulroney. And just knowing he’s living somewhere in Westmount of Montreal just freak me more lol.
You know the shit, Michael Ignatieff just want to gain some Quebec voters. But who care about Quebeckers? They had been sooooooo unfaithful of the country, publicly voting massively for the Bloc Québécois, publicly declaring that they are a distinct society. Why do they feel so special by the way? At a point, the distinct society need to get out of the unite Canada. And no more fake Canadians as Governor General of Canada ever, no more Quebeckers in a unite Canada. Never again.
Paul Martin put a shame on the country by naming Michaëlle Jean as Governor General of Canada in 2005. Now that Paul Martin and the Liberals are no longer in control of this country, Canadians have the right to be represent correctly without lies, and with respect.
So I hope Michaëlle Jean will enjoy her last summer as Governor General of Canada. No more free trips, Michaëlle Jean.
When Michaëlle Jean shows up publicly with her husband, Jean-Daniel Lafond, I am feeling shame, disgust. Jean-Daniel Lafond is a French-born with basically no real Canadian cultural identity. I mean, Jean-Daniel Lafond had been part of the FLQ, a militant Quebec-separatist organization. No one who had deal with the FLQ from close or far should had a connection with the federal highest position. Michaëlle Jean should never have never been nominated as Governor General of Canada, knowing who’s her husband. Back in 2005, I was a young woman, I knew who was Jean-Daniel Lafond and I couldn’t believe Prime Minister Paul Martin was doing this to Canadians, selling the Governor General of Canada position to Quebeckers.
When the shame will stop for real Canadians? Can real Canadians just live happily with the proud of being Canadians without having to deal with some scandalous Quebeckers, just willing to bring terror and destruction to one of the best country of the world, if not the best one? One day, the circus will have to stop; Quebeckers will have to decide to go one way or the other. The question of who will be designed as new Governor General of Canada is a question of national identity. And Quebeckers are not good examples of that. I thing that Quebeckers should simply separate, create of country of their own and we’ll be done with it, done with the shame, done with exocentric measure to satisfy the one who will just never be satisfied because of their stupidity.
Look what happen in Canada history when a Quebeckers had become Canada Prime Minister. Jean Chrétien, Paul Martin, Brian Mulroney. All gangsters, poor nominees, just selfish blood suckers. And here I am naming just naming the most recent ones. When the shame will stop? New Brunswick gone pretty bad in health care when Bernard Lord was PM. And Bernard Lord was born… in Quebec province. I know about Bernard Lord and New Brunswick because I am myself a New Brunswicker. And a French one by the way.
Quebec leaders are weak, lazy, and Canadians deserve much more than what can Quebeckers can actually bring to them. Prime Minister Stephen Harper may not be perfect, but he’s doing the best as he can in a difficult economic situation and deserves the respect of all “real” Canadians. Not to forget that Stephen Harper had provide Quebeckers the “distinct society” title to Quebec, so the fools can feel special in a unite Canada that no Quebeckers, by the way, truly deserve, knowing for who they massively vote for. As long as political parties as Bloc Québécois for the federal, Parti Québécois and Québec Solidaire for the provincial will be active, there will be no place for communication between real Canadians and Quebeckers. There will only be place for shame. Other French Canadians do not need Quebec, see, we are all bilingual, or almost lol.
And talking about disgust, Michaëlle Jean should have never been nominated as Governor General of Canada, her husband being who he is. As Canadian, I want to be represented by a Governor General of Canada who’s a real Canadian, not a fake one. And I don’t care about the color of the skin or from the nativity. Canadians have the right to be honor and deserved to be represent by a pure patriotic, someone with honesty. And Canadians have now that chance.
When I read about Michael Ignatieff who, according to the press, “is urging the prime minister to extend Michaëlle Jean's term as Governor General when her five-year appointment expires in September”, the only thing I want to say to Michael Ignatieff is: NO WAY! I am happy to have found out who is the real Michael Ignatieff, a maniac who, just like Paul Martin, wants to collect Quebecker votes, another selfish one who want to sell the Governor General of Canada position for another 5 years to Quebeckers. Remember reading in the press that Michael Ignatieff had called Brian Mulroney for his birthday? Another bullshit to have some Quebec voters. And what about the proud? Brian Mulroney did what he did. I won’t even write about hit. I just hate Brian Mulroney. And just knowing he’s living somewhere in Westmount of Montreal just freak me more lol.
You know the shit, Michael Ignatieff just want to gain some Quebec voters. But who care about Quebeckers? They had been sooooooo unfaithful of the country, publicly voting massively for the Bloc Québécois, publicly declaring that they are a distinct society. Why do they feel so special by the way? At a point, the distinct society need to get out of the unite Canada. And no more fake Canadians as Governor General of Canada ever, no more Quebeckers in a unite Canada. Never again.
Paul Martin put a shame on the country by naming Michaëlle Jean as Governor General of Canada in 2005. Now that Paul Martin and the Liberals are no longer in control of this country, Canadians have the right to be represent correctly without lies, and with respect.
So I hope Michaëlle Jean will enjoy her last summer as Governor General of Canada. No more free trips, Michaëlle Jean.
I am now at 88 632.34$ in assets
Its lower than on date of April 23, 2010, but April had been an extraordinary month for my investment portfolio!
Back on April 23, 2010, I was at a fantastic 89 157.88$ and currently, on date of May 1, 2010, I am at 88 632.24$, which represent a lost of 525.54$. Not too bad, but it could be worst, I guess. I had calculate 600$ in saving. I currently have more than 1 000$ in my saving account, but I only add 600$. The money I currently have is to pay my expenses for the month of May. My next paycheck should be of 600$, so I only add on 600$ in savings. I have chances to reach 90 000$ in assets during the month of June… 100 new stocks of Corby Distilleries Limited (CDL.A), that will be my next investment in June. So Corby Distilleries Limited (CDL.A), be ready, I am coming for more lol… I currently hold 100 stocks of the marvelous CDL.A. I am just very happy with Corby Distilleries Limited (CDL.A). Very stable investment, just what I need in my portfolio at this time to hit the 90 000$ in assets. Is this begging to be out of control? No, it’s just getting better!
My first month without a metro pass
For the month of May, I decide not to purchase any metro pass… My weekend job is pretty close to where I live, but not my daytime job. I am giving myself 45 minutes of walking. I could use a bike, but for my own safety, I won’t use a bike downtown Montreal, I just find it too dangerous, traveling on a bike in the city. I am curious to see how it will goes. But it’s the only way I am going to get a daily exercise…
Hello dividend!
The month of April end on a dividend happy note.
So far for 2010, I am close to the 1 000$ in dividend income. I recently received 24.17$ of Bell Aliant Regional Communications Income Fund (BA.UN), 15.33$ of Davis + Henderson Income Fund (DHF.UN) and 10.80$ of The Consumers’ Waterheater Income Fund (CWI.UN). Since I own 400 units of The Consumers’ Waterheater Income Fund, I should have received 21.60$. I guess I am having problem because I just transferred 200 units of CWI.UN over my Tax-free savings account (TFSA). Guess I will have to call T D Waterhouse one more time. I have to call T D Waterhouse anyway because I have 20$ in cash from my TFSA that I want to get transferred into my non registered account. That 20$ will be add to the 142.81$ I have in non registered broker account. That way, I will be able to make the minimum 150$ payment required on my TD credit line.
Thinking about margin
On the post of April 29, 2010, title “My first 100$ payout from Google AdSense program”, I came across my debts and was suggest by a reader to use margin. According to Dividend Lover, I could use margin to pay off debt, and I could do it at very low interest that may be 3.5%. Wow! That’s a good thing because to tell you the true, I begin to be tired of credit card balance transfer. Just recently, I just complete one of those transfers: 3 000$ at 4.9%. Great, but the interest rate at 4.9% only remains valid for 6 months. From 6 months after 6 months, it’s always the stress to se if another credit card balance transfer will come or not from another credit card I hold. Lately, I had received that 1.9% percent interest rate on credit card balance transfer. Nice, but that one is being offer for 1 year. Does it worth it to apply for another credit card knowing I hold already so many of them? My answer to that is no. I use my credit wisely, but adding another credit card would be just way too much. So the margin solution kind of arrives right on a perfect time. I knew margin existed of course, but I didn’t know that the margin money could be use for another purpose than investing. In this case, I will use margin to pay off some debts, it won’t be use to extend my investment portfolio. I could probably use my margin to the fullest in order to reach my first 100 000.00$ kind of right away, but it won’t be the case. What I like about my investment is that its gradual, nothing come easily, let’s say. But it’s the way I like it the best. I already borrow enough money and, if this portfolio is not perfect, it’s really me and I like it just the way it is. So guess I will inform myself better on margin and see if I like what I heard. I plan to make a down payment each month even if its not require. Pretty exciting things coming ahead.
Back on April 23, 2010, I was at a fantastic 89 157.88$ and currently, on date of May 1, 2010, I am at 88 632.24$, which represent a lost of 525.54$. Not too bad, but it could be worst, I guess. I had calculate 600$ in saving. I currently have more than 1 000$ in my saving account, but I only add 600$. The money I currently have is to pay my expenses for the month of May. My next paycheck should be of 600$, so I only add on 600$ in savings. I have chances to reach 90 000$ in assets during the month of June… 100 new stocks of Corby Distilleries Limited (CDL.A), that will be my next investment in June. So Corby Distilleries Limited (CDL.A), be ready, I am coming for more lol… I currently hold 100 stocks of the marvelous CDL.A. I am just very happy with Corby Distilleries Limited (CDL.A). Very stable investment, just what I need in my portfolio at this time to hit the 90 000$ in assets. Is this begging to be out of control? No, it’s just getting better!
My first month without a metro pass
For the month of May, I decide not to purchase any metro pass… My weekend job is pretty close to where I live, but not my daytime job. I am giving myself 45 minutes of walking. I could use a bike, but for my own safety, I won’t use a bike downtown Montreal, I just find it too dangerous, traveling on a bike in the city. I am curious to see how it will goes. But it’s the only way I am going to get a daily exercise…
Hello dividend!
The month of April end on a dividend happy note.
So far for 2010, I am close to the 1 000$ in dividend income. I recently received 24.17$ of Bell Aliant Regional Communications Income Fund (BA.UN), 15.33$ of Davis + Henderson Income Fund (DHF.UN) and 10.80$ of The Consumers’ Waterheater Income Fund (CWI.UN). Since I own 400 units of The Consumers’ Waterheater Income Fund, I should have received 21.60$. I guess I am having problem because I just transferred 200 units of CWI.UN over my Tax-free savings account (TFSA). Guess I will have to call T D Waterhouse one more time. I have to call T D Waterhouse anyway because I have 20$ in cash from my TFSA that I want to get transferred into my non registered account. That 20$ will be add to the 142.81$ I have in non registered broker account. That way, I will be able to make the minimum 150$ payment required on my TD credit line.
Thinking about margin
On the post of April 29, 2010, title “My first 100$ payout from Google AdSense program”, I came across my debts and was suggest by a reader to use margin. According to Dividend Lover, I could use margin to pay off debt, and I could do it at very low interest that may be 3.5%. Wow! That’s a good thing because to tell you the true, I begin to be tired of credit card balance transfer. Just recently, I just complete one of those transfers: 3 000$ at 4.9%. Great, but the interest rate at 4.9% only remains valid for 6 months. From 6 months after 6 months, it’s always the stress to se if another credit card balance transfer will come or not from another credit card I hold. Lately, I had received that 1.9% percent interest rate on credit card balance transfer. Nice, but that one is being offer for 1 year. Does it worth it to apply for another credit card knowing I hold already so many of them? My answer to that is no. I use my credit wisely, but adding another credit card would be just way too much. So the margin solution kind of arrives right on a perfect time. I knew margin existed of course, but I didn’t know that the margin money could be use for another purpose than investing. In this case, I will use margin to pay off some debts, it won’t be use to extend my investment portfolio. I could probably use my margin to the fullest in order to reach my first 100 000.00$ kind of right away, but it won’t be the case. What I like about my investment is that its gradual, nothing come easily, let’s say. But it’s the way I like it the best. I already borrow enough money and, if this portfolio is not perfect, it’s really me and I like it just the way it is. So guess I will inform myself better on margin and see if I like what I heard. I plan to make a down payment each month even if its not require. Pretty exciting things coming ahead.
Saturday, May 1, 2010
My investment portfolio in date of April 23, 2010
Savings:
372.07$
Non registered Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 1 996.80$
Timminco (TIM): 168$
Blue Note Mining (BNT): 46$
Bank of Nova Scotia (BNS): 5 464.20$
Hanwei Energy Services (HE): 135$
Methanex Corporation (MX): 2 556.46$
Fortis (FTS): 2 985.15$
Pembina Pipeline Income Fund (PIF.UN):
7 508.80$
Just Energy Income Fund (JE.UN): 9 953.46$
Dumont Nickel Inc. (DNI): 460$
Yellow Pages Income Fund (YLO.UN):
3 010.93$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 638$
Pengrowth Energy Trust (PGF.UN): 1 233.84$
Enbridge Income Fund (ENF.UN): 4 093.32$
Corby Distilleries Limited (CDL.A): 1 589$
Davis + Henderson Income Fund (DHF.UN):
1 819$
Premium Brands Holdings Corporation (PBH):
2 856$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 060$
Cash: 127.48$
TOTAL: 49 701.44$
Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 863.38$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 060$
Sprott Canadian Equity Fund: 5 262.88$
Cash: 21.69$
TOTAL: 9 186.26$
RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 2 088$
EnCana Corporation (ECA): 3 267$
Emera Incorporated (EMA): 4 958$
Cash: 259.15$
CIBC Dividend Growth Fund: 512.36$
CIBC Emerging Markets Index Fund: 449.53$
CIBC Monthly Income Fund: 988.60$
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: 112.68$
TD Monthly Income: 107.52$
TD Emerging Markets: 80.79$
TD Energy: 86.15$
TD Precious Metals: 108.76$
TD Latin American Growth: 94.20$
TD Entertainment & Communications: 107.83$
TD Dividend Growth: 204.99$
TD U.S. Mid-Cap Growth: 105.09$
Maritime Life International Equity Fund
(Templeton): 646.93$
Manulife Simplicity Growth Portfolio: 873.47$
Maritime Life CI Harbour Seg Fund: 1 034.32$
Maritime Life Fidelity True North Seg Fund: 985.72$
Maritime Life Trimark Europlus Seg Fund: 598.27$
Great-West – various: 1 753.62$
RBC Canadian Dividend Fund: 524.62$
RBC U.S. Mid-Cap Equity Fund C$: 1 924.89$
RBC Global Resources Fund: 971.31$
RBC O’Shaughnessy International Equity Fund:
606.20$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 061.69$
GIC Canadian Market: 1 000$
TOTAL: 29 743.97$
Social Capital at Desjardins Membership share
for 3 accounts: 40$
Savings + Stocks, units, mutual funds + Tax-free
savings account + RRSP + Online Income
(114.14$):
89 157.88$
[In date of April 23, 2010]
372.07$
Non registered Investments:
Stocks & Units investment portfolio
Sprott Inc. (SII): 1 996.80$
Timminco (TIM): 168$
Blue Note Mining (BNT): 46$
Bank of Nova Scotia (BNS): 5 464.20$
Hanwei Energy Services (HE): 135$
Methanex Corporation (MX): 2 556.46$
Fortis (FTS): 2 985.15$
Pembina Pipeline Income Fund (PIF.UN):
7 508.80$
Just Energy Income Fund (JE.UN): 9 953.46$
Dumont Nickel Inc. (DNI): 460$
Yellow Pages Income Fund (YLO.UN):
3 010.93$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 638$
Pengrowth Energy Trust (PGF.UN): 1 233.84$
Enbridge Income Fund (ENF.UN): 4 093.32$
Corby Distilleries Limited (CDL.A): 1 589$
Davis + Henderson Income Fund (DHF.UN):
1 819$
Premium Brands Holdings Corporation (PBH):
2 856$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 060$
Cash: 127.48$
TOTAL: 49 701.44$
Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 863.38$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 060$
Sprott Canadian Equity Fund: 5 262.88$
Cash: 21.69$
TOTAL: 9 186.26$
RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 2 088$
EnCana Corporation (ECA): 3 267$
Emera Incorporated (EMA): 4 958$
Cash: 259.15$
CIBC Dividend Growth Fund: 512.36$
CIBC Emerging Markets Index Fund: 449.53$
CIBC Monthly Income Fund: 988.60$
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: 112.68$
TD Monthly Income: 107.52$
TD Emerging Markets: 80.79$
TD Energy: 86.15$
TD Precious Metals: 108.76$
TD Latin American Growth: 94.20$
TD Entertainment & Communications: 107.83$
TD Dividend Growth: 204.99$
TD U.S. Mid-Cap Growth: 105.09$
Maritime Life International Equity Fund
(Templeton): 646.93$
Manulife Simplicity Growth Portfolio: 873.47$
Maritime Life CI Harbour Seg Fund: 1 034.32$
Maritime Life Fidelity True North Seg Fund: 985.72$
Maritime Life Trimark Europlus Seg Fund: 598.27$
Great-West – various: 1 753.62$
RBC Canadian Dividend Fund: 524.62$
RBC U.S. Mid-Cap Equity Fund C$: 1 924.89$
RBC Global Resources Fund: 971.31$
RBC O’Shaughnessy International Equity Fund:
606.20$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 061.69$
GIC Canadian Market: 1 000$
TOTAL: 29 743.97$
Social Capital at Desjardins Membership share
for 3 accounts: 40$
Savings + Stocks, units, mutual funds + Tax-free
savings account + RRSP + Online Income
(114.14$):
89 157.88$
[In date of April 23, 2010]
Thursday, April 29, 2010
My first 100$ payout from Google AdSense program
Yep! Usually, bloggers request a payment by cheque, but I did mine through online banking as I wanted to be sure to get the payment. I didn’t want to see the work of 3 years of blogging to get lost in the mail. What really help me in reaching my first 100$ in Google AdSense is HubPages and of course, this current blog. I reach 100$ once, I can reach 100$ a second time. I just hope that next time, it won’t take me as long as 3 years lol. But I see blogging as a hubby, and when you see blogging this way, your chances of making good money of blogging is low. I also blog on a very personal tone. I am not an expert on anything really, so it makes it even harder. But I have to say, in the last couple of months, I saw the traffic on my blog increasing. The key: just keep blogging, writing, I guess. On a long term goal, I would very much like to be able to earn 100$ per month from Google AdSense program. It’s possible. In my case, 100$ per month would required more articles on HubPages, more post on my blog. Extremely difficult to blog, write articles and work full-time! But I am willing to take the challenge!
The last couple of days had been quite busy. I had been busy at « stretching » my budget, as a new payer is being add on this upcoming May, my RSP credit line payment. My monthly payment is of around 107$. Currently, I have just enough money to cover up for my expenses. But luckily, I can cover all the payments I need to make, rent included for the month of May. Which mean that all of what I will earn on my next paycheque can be money save over my next investment, 100 new stocks of Corby Distilleries Limited (CDL.A). At a point, I am quite tempted to just cash in my dividend instead of making them roll over but as view before…. There seem to be no easy way. I can make end reach just the way I am being set right now but of course, I want more.
April 23, 2010 had been quite an extraordinary period for my portfolio. Back than, my non registered portfolio was at 49 701.44$. For the same portfolio, I registered today a 841.75$ lost. The beautiful gains had been lost, but I am confident I will reach the 841.75$ in gain really soon. I do not really know what to think about the situation in Greece and other European countries. But hope its turn for the best.
So I guess I will have no choice than going out of my comfort zone and work more hours at my daytime job, save save save and… job search. This week, I try to be careful with my expenses. I begin to cut on my coffees but believe it or not, it has an effect on me. I am feeling less alert and more sleepy. I bring tea bag at work and in the morning, I made myself some coffee. But nothing to compare to Second Cup coffee, that’s for sure.
Cutting on small expenses can have a huge positive effect on a budget. As for myself, we can talk about one, if not 2 coffees per day for a total of 4.42$ per day. 4.42$ x 30 days = 132.60$.... 30 days because not to forget I work Saturday and Sunday too… And this amount does not even include eating out. It make easily 200$ per month that I can save pretty easily. I done this kind of saving before, giving myself sometime a « non coffees week » goal. Each time, the goal had been more or less respected, but each time, I had been able to save some money. Myself, my bad habit is mostly coffee and eating out. Once it will be under control for good, I will be fine. I am just very happy to have already the cash to pay all of my May expenses.
The last couple of days had been quite busy. I had been busy at « stretching » my budget, as a new payer is being add on this upcoming May, my RSP credit line payment. My monthly payment is of around 107$. Currently, I have just enough money to cover up for my expenses. But luckily, I can cover all the payments I need to make, rent included for the month of May. Which mean that all of what I will earn on my next paycheque can be money save over my next investment, 100 new stocks of Corby Distilleries Limited (CDL.A). At a point, I am quite tempted to just cash in my dividend instead of making them roll over but as view before…. There seem to be no easy way. I can make end reach just the way I am being set right now but of course, I want more.
April 23, 2010 had been quite an extraordinary period for my portfolio. Back than, my non registered portfolio was at 49 701.44$. For the same portfolio, I registered today a 841.75$ lost. The beautiful gains had been lost, but I am confident I will reach the 841.75$ in gain really soon. I do not really know what to think about the situation in Greece and other European countries. But hope its turn for the best.
So I guess I will have no choice than going out of my comfort zone and work more hours at my daytime job, save save save and… job search. This week, I try to be careful with my expenses. I begin to cut on my coffees but believe it or not, it has an effect on me. I am feeling less alert and more sleepy. I bring tea bag at work and in the morning, I made myself some coffee. But nothing to compare to Second Cup coffee, that’s for sure.
Cutting on small expenses can have a huge positive effect on a budget. As for myself, we can talk about one, if not 2 coffees per day for a total of 4.42$ per day. 4.42$ x 30 days = 132.60$.... 30 days because not to forget I work Saturday and Sunday too… And this amount does not even include eating out. It make easily 200$ per month that I can save pretty easily. I done this kind of saving before, giving myself sometime a « non coffees week » goal. Each time, the goal had been more or less respected, but each time, I had been able to save some money. Myself, my bad habit is mostly coffee and eating out. Once it will be under control for good, I will be fine. I am just very happy to have already the cash to pay all of my May expenses.
Monday, April 26, 2010
Because its all about the lowest and the highest
The upcoming weeks are going to be much better as I got my regular schedule back. I went crazy for the past couple of days as I sometimes had to wake up at 6 in the morning just to go to work… But now everything back on track. My portfolio is doing quite well. Nice gain today again for my portfolio! Most interested gains were for my RSP stocks portfolio.
I don’t know how many times I write and told myself I was going to job search, but I didn’t and I don’t think I will. I am confident I might be able to reach the 90 000$ in assets if not by the end of June, later on this summer and this is enough for me. At a point, working more just getting the hell out of me, money is good, but I guess at 89 100$ in assets, the money lost is excitement, investment lost of its freshness and dividends well, they are what they are: dividend… lol… I know that I will be job searching again but it won’t be for now, unless I really need to.
Maybe I shouldn’t have done this but I just call T D Waterhouse to contribute to my TFSA. I had a 1 800$ or something left over, so I decide to take the 200 units I had of the Consumers’ Waterheater Income Fund (CWI.UN) in my non registered account transferred over my TFSA. And guess who else had join the TFSA? Dumont Nickel (DNI)! I transferred the 23 000 stocks from my non registered account to my TFSA. Why did I do so? I had 1 885.02$ left that I could be invested in for 2010 in my TFSA.
At this point, I am just fooling around with little investments but funny fact is that all of those little investments combine together, make, at the end, a really fantastic 89 100$ and something… Anyhow, I already had 200 units of the Consumers’ Waterheater Income Fund (CWI.UN) into my TFSA. I also had 200 units of the Consumers’ Waterheater Income Fund (CWI.UN) in my non registered broker account. This one actually was my latest investment. Since I had a contribution that could be made for my TFSA, I just decide to have all of my Consumers’ Waterheater Income Fund (CWI.UN) units sleeping in the same boat. That’s really all.
As for Dumont Nickel (DNI), I am just looking forward to sell the 23 000 stocks I hold at 4 cents each. The profit will be, of course, small – but still, a profit is a profit. And why not making a profit free of taxes?
When making those transferred into my TFSA, I had been told if I wanted to make the contribution at lowest or the highest. But I decide at the lowest because that way, it make more money left to contribute for my TFA. The representative didn’t want to give any advice. Brokers are really just that: brokers lol. Even if they want, they cannot provide any advice. What a dream job isn’t? Just execute orders, no hassle. Anyhow, I could also transferred over Hanwei Energy Services (HE) and Timminco (TIM) but at this point, I want to understand what’s the lowest and the highest mean before switching those 2 into my TFSA. Let’s say I want to begin to be more sophisticated and at a point, I promise, I am going to know exactly what I am doing for once in my life.
Transferring some non registered investment into registered investment (TFSA or RSP) is not an easy thing to understand. Just very mysterious. That’s what I remember from last year, when I transferred some non registered mutual funds into RSP mutual funds. I was very curious to see the effect on taxes. But I didn’t get any paper for the taxes except of course, a RSP contribution paper. Transferring non registered investment into registered account – when it comes to mutual funds – is not like making a sell because the exact same amount of units hold is getting transferred into RSP.
Ok, but stocks and units are not mutual funds. So will I have something to declare for the transfer I did tonight with T D Waterhouse? I don’t know. I mostly understand the basic, but that lowest and highest thing is quite intriguing.
I don’t know how many times I write and told myself I was going to job search, but I didn’t and I don’t think I will. I am confident I might be able to reach the 90 000$ in assets if not by the end of June, later on this summer and this is enough for me. At a point, working more just getting the hell out of me, money is good, but I guess at 89 100$ in assets, the money lost is excitement, investment lost of its freshness and dividends well, they are what they are: dividend… lol… I know that I will be job searching again but it won’t be for now, unless I really need to.
Maybe I shouldn’t have done this but I just call T D Waterhouse to contribute to my TFSA. I had a 1 800$ or something left over, so I decide to take the 200 units I had of the Consumers’ Waterheater Income Fund (CWI.UN) in my non registered account transferred over my TFSA. And guess who else had join the TFSA? Dumont Nickel (DNI)! I transferred the 23 000 stocks from my non registered account to my TFSA. Why did I do so? I had 1 885.02$ left that I could be invested in for 2010 in my TFSA.
At this point, I am just fooling around with little investments but funny fact is that all of those little investments combine together, make, at the end, a really fantastic 89 100$ and something… Anyhow, I already had 200 units of the Consumers’ Waterheater Income Fund (CWI.UN) into my TFSA. I also had 200 units of the Consumers’ Waterheater Income Fund (CWI.UN) in my non registered broker account. This one actually was my latest investment. Since I had a contribution that could be made for my TFSA, I just decide to have all of my Consumers’ Waterheater Income Fund (CWI.UN) units sleeping in the same boat. That’s really all.
As for Dumont Nickel (DNI), I am just looking forward to sell the 23 000 stocks I hold at 4 cents each. The profit will be, of course, small – but still, a profit is a profit. And why not making a profit free of taxes?
When making those transferred into my TFSA, I had been told if I wanted to make the contribution at lowest or the highest. But I decide at the lowest because that way, it make more money left to contribute for my TFA. The representative didn’t want to give any advice. Brokers are really just that: brokers lol. Even if they want, they cannot provide any advice. What a dream job isn’t? Just execute orders, no hassle. Anyhow, I could also transferred over Hanwei Energy Services (HE) and Timminco (TIM) but at this point, I want to understand what’s the lowest and the highest mean before switching those 2 into my TFSA. Let’s say I want to begin to be more sophisticated and at a point, I promise, I am going to know exactly what I am doing for once in my life.
Transferring some non registered investment into registered investment (TFSA or RSP) is not an easy thing to understand. Just very mysterious. That’s what I remember from last year, when I transferred some non registered mutual funds into RSP mutual funds. I was very curious to see the effect on taxes. But I didn’t get any paper for the taxes except of course, a RSP contribution paper. Transferring non registered investment into registered account – when it comes to mutual funds – is not like making a sell because the exact same amount of units hold is getting transferred into RSP.
Ok, but stocks and units are not mutual funds. So will I have something to declare for the transfer I did tonight with T D Waterhouse? I don’t know. I mostly understand the basic, but that lowest and highest thing is quite intriguing.
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