My stock investment portfolio in date of August 27, 2010

Savings:
1 000$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 1 982.75$
Timminco (TIM): 81$
Blue Note Mining (BNT): 36$
Bank of Nova Scotia (BNS): 5 567.21$
Hanwei Energy Services (HE): 121.50$
Methanex Corporation (MX): 2 239.22$
Fortis (FTS): 3 085.66$
Pembina Pipeline Income Fund (PIF.UN):
8 142.75$
Just Energy Income Fund (JE.UN): 10 247.60$
Yellow Pages Income Fund (YLO.UN):
2 347.80$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 521$
Pengrowth Energy Trust (PGF.UN): 2 121.35$
Enbridge Income Fund (ENF.UN): 4 521.96$
Corby Distilleries Limited (CDL.A): 3 048$
Davis + Henderson Income Fund (DHF.UN):
1 831$
Premium Brands Holdings Corporation (PBH):
2 682$
Cash: 0.14$

TOTAL: 50 576.94$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 634.22$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 921.68$
Sprott Canadian Equity Fund:
5 313.48$
Dumont Nickel Inc. (DNI): 359.38$
Cash: 60.78$

TOTAL: 10 289.54$

RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 3 775.46$
EnCana Corporation (ECA): 2 931$
Emera Incorporated (EMA): 5 336.64$
Cash: 38.08$

CIBC Dividend Growth Fund: 500.43$
CIBC Emerging Markets Index Fund: 420.55$
CIBC Monthly Income Fund: 995.71$

Energy and Base Metals Term Savings (Indexed term savings):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

GIC National Bank: 1 192.64$
GIC Plus: 500$

TD Canadian Bond: 117.81$
TD Monthly Income: 103.84$
TD Emerging Markets: 82.23$
TD Energy: 77.54$
TD Precious Metals: 117.96$
TD Latin American Growth: 93.10$
TD Entertainment and Communications: 103.46$
TD Dividend Growth: 188.66$
TD U.S. Mid-Cap Growth: 95.85$

Maritime Life International Equity Fund
(Templeton): 605.44$
Manulife Simplicity Growth Portfolio: 836.46$
Maritime Life CI Harbour Seg Fund: 963.01$
Maritime Life Fidelity True North Seg Fund: 950.63$
Maritime Life Trimark Europlus Seg Fund: 577.17$

Great-West – various: 1 753.62$

RBC Canadian Dividend Fund: 504.82$
RBC U.S. Mid-Cap Equity Fund C$: 1 684$
RBC Global Resources Fund: 831.70$
RBC O’Shaughnessy International Equity Fund:
574.99$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 027.35$

GIC Canadian Market: 1 000$

TOTAL: 28 985.67$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(115.27$):
91 007.42$

I am now 30 years old!

Yeahhhhh happy birthday to meeeeeeee! I am now 30 years old and feeling great! I am witting this post in a hurry because I had to write down something on my birthday! It's been a busy week. I did a few extra hours at my daytime work. I am also working at my weekend job. I am going to a friend concert this Saturday. I am just sooooo tired and I am just feeling like staying home... I had that new credit line at 10 000$ at less than 8% interest rate. This is saving my life. My credit card balance driving were giving me a headache but now, my life is save. Who had save my life? RBC did.

This been that I could use that 10 000$ to make a new investment and than voilà, my 100 000$ would be reached... But I prefer to "play" safe lol.... Which mean that I am going to wait to make new investment. I am not looking to increase my level of debt. My new 10 000$ credit line is not money to invest, its life saver money.

It's seem like the TSX did quite well today so I will be updating my portfolio this weekend. So many things on the way. I just can't believe another month had pass and that I am now 30.... and rich :)

Brad Pitt was in Montreal today and I got my credit line!

I hear it on the radio. Brad Pitt had been seen on St Catherine today. Isn’t that hot? But I have even better news: I got approve for my credit line! Yeah! I finally apply for some credit this past Monday and I had been approved for a 10 000$ line of credit at 7.25% on today.

The interest rate is relatively ok. I guess my credit score is medium because I hold many debts and my salary is not quite extremely good, and on top of that, I don’t own my place. So all those things mix all together, it’s making it difficult to get a lower interest rate. At first, I got rejected and I argue, and I finally got it! So this is very good because this way, I am going to be able to pay off the balance on my CIBC credit card. The balance was at a special interest rate due to a credit card balance transfer. The special interest rate at 3.9% is expiring on September 6. This is a balance of something like 1 200$. Not that much, but I certainly do not have the money to pay off the balance at this time. Also in January, I have an 8 000$ at a special interest of something like 4.9% that will expire (also a result of a credit card balance transfer). I was in great need of a solution, so better now than ever.

So now, it’s going to be much better because I know I won’t have to sell my investment to pay off my debt. It’s all going very well and the last thing on earth I wanted is to actually sell my investment. It’s something I wanted to avoid. Between now and January, I can use my new credit line to pay off my other credit line, the one being at 8.25% interest rate. That’s a 5 000$ right there. And on September 5th, I will be paying my CIBC Visa. Before requesting my credit line, I call CIBC Visa to see if it was possible to get another credit card balance transfer, but I was told to wait until September 1, to see if a new offer will show up… But the way it was going, I knew nothing was going to happen. I guess that with CIBC Visa, it was a one time deal.

I have to get my paper ready for tomorrow and I guess it will be it! I should get it right away. I am just very happy. This Friday is my birthday and it will be a very happy one. It’s almost too much stuff for me at this time with my overtime and everything else but you know, you’re an investor or your not one, one or the either. lol…

My last week as a 29 years old

Just 2 other investments and I am done with the stock market.

This week pass by quite nicely. Too bad it had to rain this weekend. I took a nice rest even if I was working. I got plenty of time to think about my investment and stuff and I came with a little plan for the upcoming months. So far so good, I had been able to follow what had been planned and I hope this time won’t be an exception. First, my credit line request… I had been talking about it for about 2 weeks now, but I didn’t take time to actually call and make my request. So I am at the same point regarding my new credit request. That’s the really first thing I need to take care of tomorrow. I would like to get a good 10 000$ credit line at least. Ok, so my CIBC credit card I have to pay soon is at something like 1 200$ only. But I am thinking for January… In January the special offer I have on my TD credit card for 8 000$ will expired and it’s going to be the same thing over and over again. Problem after problem after problem. Investing using money available on credit card balance is nice for the time it last, but on a long term basis, it’s annoying. But using credit card balance transfer to invest in Just Energy Income Fund (JE.UN) was one of the brightest ideas I ever come with. It’s going on pretty well and the last thing on earth I want to do is to sell my units. More credit is not the solution of course but you know, poor people have debt and I am quite poor actually. The 90 000$ and something is just an illusion of richness. But I love the illusion anyway.

Sometimes, an individual had to take responsibility for itself despite the risk, despite the recession and despite everything you could imagine. Despite my sometimes distrustful colleagues, despite a bad job situation, despite my relatively poverty. I am the perfect example that things are possible despite everything you can imagine. All of this is happening to show that the stock market, in reality, it’s belong to small investors, it’s belong to New Brunswickers and everyone else with a soul and mind working well together. I just want to add that this week, I have overtime, so I will try to do the maximum hours I can. It went well last week, it should also go fine this week. Oh and also that later on this week it’s going to be my birthday…. lol. :0)

I will be able to make my next investment beginning of September. As plan, it’s going to be 100 units of DHF.UN. After what, I plan to make another investment in BA.UN, 100 units of BA.UN, in order to benefit from the DRIP. Those might be my 2 last investments. Not that I don’t plan to invest anymore. Problem being that even at this time, my portfolio feel complete. I do not feel the necessity to invest in stocks anymore. Don’t ask me why, it’s just the need is not there anymore, not as much as it was before. So this will close my stock investment – not forever, but just for a little while. While waiting for my stock fever to come back, I will be investing in ETFs. Did you know, some ETF pays a monthly distribution and other pay an annual one? It’s the case of Claymore Gold Bullion who had pay, at least for last year, an annual distribution. ETFs distribution can be as interesting as the one offer by stocks. Here’s where Questrade is coming into action: I plan to open a Questrade online broker account to invest is non registered ETFs. Even while having around 70 000$ at TD Waterhouse, I still have to pay 29$ per trade. It doesn’t have to be that way. That’s why I am willing to open an account at Questrade. At 9.99$ or so per trade, I am going to have a lot of fun with ETFs – it’s coming to be a bit in here, and there, and here again, and there again…. Just the way I like to do things. The US economy is not that great. Canadian one is relatively stable but I have to say I worry and at this point as I said, my portfolio is complete and I don’t have anything left in mind in the sense that I don’t want anymore. I couldn’t be more clear about it: I am feeling complete, despite I am not at 100 000$ in assets yet and despite the fact that I don’t have enough to live on dividend. I cannot explain it, but I guess 90 400$ and something is already a great deal of money for me. I guess my feeling is coming from there. From the fact that I am basically at where I want to be at this time. So it’s not bad as feeling isn’t? Better than my hate for Quebeckers, that’s for sure. Taught that people from New Brunswick were poor and bad at investing? Guess you got it all wrong… So stay tune because things are getting wilder as I am getting close to 30th and close to my 100 000$ assets. That’s pretty much about it for not if not that I am also planning to job search in September, trying to bring more cash in the house to fly to my first 150 000$. I just wonder how I will feel with 150 000$ in my pockets.

ENF.UN + BA.UN dividend for August 2010

I had received 30.14$ from Enbridge Income Fund (ENF.UN) and 24.17$ from Bell Aliant (BA.UN). This bring my dividend income to 2 382.96$. Nice earning, but once the conversion will be completed for Bell Aliant, DHF.UN and YLO.UN, my dividend earning will be a bit less than what they currently are. Good news, there's still overtime available at work for next week. So I really hope to make my next investment in DHF.UN in September. Nothing much for now.

I am now richer than ever but its not enough to call for retirement yet

When I notice today that my investment hold in Just Energy Income Fund (JE.UN) was exceeding the 10 000$ (it’s currently at 10 075.56$), I knew something major was happening today. I run to home after work and there it was, one of my dreams was coming true, my investment in JE.UN exceeds the 10 000$ and my non registered stocks & units investment portfolio exceed the 50 000$ (I am currently at 50 244.58$)… And here am I, at a 90 472.56$ in assets. I left myself at 1 000$ in savings. Currently, I am around 1 300$, but I wanted to leave it at 1 000$ (my savings section) just to compare my assets to the previous investment portfolio update. Everything is going well so far, financially speaking, at least.

I also received some dividend income lately: 14.56$ from Pengrowth Energy Trust (PGF.UN) and 57.06$ from Emera Incorporated (EMA).