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Monday, September 13, 2010

I am now at 100 800.40$

There you go! I am now at a very nice 100 800.40$! As you can imagine, I am very please with the results of today. Almost at 101 000$ without too much problem, isn’t that cool? My portfolio is not perfect but it’s been performing well and I think that the next upcoming months will also be good, but only if the economy get better in the US. It will be quite a challenge for Barack Obama. But hey, after all, Barack Obama is the first black person to become president of the United States. No challenge is too big for Barack Obama and believe it or not, everything or almost is under control. Republicans just need to stay at their places and let Barack Obama lead. Just like Quebeckers need to stay at their places. (I am very sorry, it's just something I really wnated to say :))

Recently, I had received one of those comments about Derek Foster lately that I didn’t really want to answer. But here will be my answer to the poor guy who had left an awful comment, calling Derek Foster “bum” (you have to go read that comment, click on here). Well, to that I will answer that Derek Foster is definitively not a bum. I am currently at 100 800.40$ because of the reading of the Derek Foster books. I started investing in stocks after reading his Stop Working. And even more important: I never loose any money by investing in Derek Foster stocks. And fact is, I lost a great deal of money by following Eric Sprott. I lost money in the Sprott Inc. (SII) stocks, I had lost money in Timminco (TIM), Eric Sprott ex-darling stocks and, even worst, I lost money by investing in the Sprott Canadian Equity Fund. I seriously lost thousands of dollars by following Eric Sprott. By investing in Derek Foster stocks, I never lost a penny. I made money like crazy and hit the 100k very quickly. Some people become good at investing after reading Warren Buffet and other. But for myself, I needed something fast, easy and practical because when it comes to learning among other, I don’t have any patience. I want everything right now. And with Derek Foster, I got everything I wanted, in a very short amount of time. I cannot say the same thing with Eric Sprott. I have nothing against him, but Eric Sprott makes me loose money. And not Derek Foster. So who’s best now at the investing game? Derek Foster, of course, and me in second place ok? lol

Jean-François Tardif left on top of his game and Eric Sprott well, Eric Sprott is leaving an empty basket to investors. I just hate the guy. But it was mean to be this way. Especially after what he did to Jean-François Tardif. As for BMO Bank of Montreal, they fired and look what happen to them, a HUGE mortgage fraud, their InvestorLine is just very awful and how many other thing. Life is a spinning wheel. Don't you ever think that you can go cheating and lying without any consequences. That's the hand of God, no matter if you believe or not.

Small investors like myself would be nothing at all without the Derek Foster, Jean-François Tardif and Steve Martin of this world. That's a fact. Because it's all about "picking". Picking the right stocks, and picking the right guru. ;0)

My investment portfolio in date of September 13, 2010

Savings:
1 500$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 2 082.36$
Timminco (TIM): 86$
Blue Note Mining (BNT): 36$
Bank of Nova Scotia (BNS): 5 744.83$
Hanwei Energy Services (HE): 126$
Methanex Corporation (MX): 2 564.70$
Fortis (FTS): 3 282.82$
Pembina Pipeline Income Fund (PIF.UN):
8 113.14$
Just Energy Income Fund (JE.UN): 10 715.19$
Yellow Pages Income Fund (YLO.UN):
2 416.05$
Bell Aliant Regional Communications Income Fund
(BA.UN):
2 585$
Pengrowth Energy Trust (PGF.UN): 2 242.57$
Enbridge Income Fund (ENF.UN): 4 803.20$
Corby Distilleries Limited (CDL.A): 3 100$
Davis + Henderson Income Fund (DHF.UN):
1 830$
Premium Brands Holdings Corporation (PBH):
2 780$
EnCana Corporation (ECA): 6 010$
Cash: 11.87$

TOTAL: 58 529.73$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 726.70$
The Consumers’ Waterheater Income Fund
(CWI.UN):
1 989.96$
Sprott Canadian Equity Fund:
5 597.76$
Dumont Nickel Inc. (DNI): 402.50$
Cash: 63.81$

TOTAL: 10 780.73$

RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 3 788.98$
EnCana Corporation (ECA): 3 005$
Emera Incorporated (EMA): 5 712$
Cash: 38.08$

CIBC Dividend Growth Fund: 514.39$
CIBC Emerging Markets Index Fund: 429.11$
CIBC Monthly Income Fund: 1 004.11$

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: 117.12$
TD Monthly Income: 106.92$
TD Emerging Markets: 85.76$
TD Energy: 81.24$
TD Precious Metals: 122.62$
TD Latin American Growth: 98.36$
TD Entertainment and Communications: 109.61$
TD Dividend Growth: 200.38$
TD U.S. Mid-Cap Growth: 100.35$

Maritime Life International Equity Fund
(Templeton):
623.65$
Manulife Simplicity Growth Portfolio: 854.51$
Maritime Life CI Harbour Seg Fund: 991.04$
Maritime Life Fidelity True North Seg Fund: 967.58$
Maritime Life Trimark Europlus Seg Fund: 599.76$

Great-West – various: 1 753.62$

RBC Canadian Dividend Fund: 520.22$
RBC U.S. Mid-Cap Equity Fund C$: 1 747.44$
RBC Global Resources Fund: 895.20$
RBC O’Shaughnessy International Equity Fund:
602.35$
RBC O’Shaughnessy All-Canadian Equity
Fund:
1 058.38$

GIC Canadian Market: 1 000$

TOTAL: 29 825.94$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income

(124$
):
100 800.40$

Friday, September 10, 2010

I am now at 100 074.24$

I make it! My goal is reach, I now hold more than 100 000$ in assets. This being on date of September 9, 2010.

How does it feel? EXCITING! And it’s not going to stop here!

I have almost 5 000$ available on my TD credit line, I just cannot say how much it is tempting to transfer that money into my TD Waterhouse online broker account!

My next goal: 150 000$ in assets. It’s going to be FUN! So stay tune because hot stuff is on the way: more investment, more money and more dividend!

My stock investment portfolio in date of September 9, 2010

Savings:
1 500$

Non registered Investments:
Stocks and Units investment portfolio

Sprott Inc. (SII): 2 149.70$
Timminco (TIM): 80$
Blue Note Mining (BNT): 38$
Bank of Nova Scotia (BNS): 5 646.39$
Hanwei Energy Services (HE): 120$
Methanex Corporation (MX): 2 542.04$
Fortis (FTS): 3 180$
Pembina Pipeline Income Fund (PIF.UN):
8 130.06$
Just Energy Income Fund (JE.UN): 10 820.61$
Yellow Pages Income Fund (YLO.UN):
2 411.50$
Bell Aliant Regional Communications Income Fund
(BA.UN): 2 565$
Pengrowth Energy Trust (PGF.UN): 2 196.59$
Enbridge Income Fund (ENF.UN): 4 819$
Corby Distilleries Limited (CDL.A): 3 090$
Davis + Henderson Income Fund (DHF.UN):
1 844$
Premium Brands Holdings Corporation (PBH):
2 694$
EnCana Corporation (ECA): 5 986$
Cash: 11.87$

TOTAL: 58 324.76$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 690.91$
The Consumers’ Waterheater Income Fund
(CWI.UN): 1 961.12$
Sprott Canadian Equity Fund:
5 518.88$
Dumont Nickel Inc. (DNI): 402.50$
Cash: 63.81$

TOTAL: 10 637.22$

RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 3 785.60$
EnCana Corporation (ECA): 2 894$
Emera Incorporated (EMA): 5 595.72$
Cash: 38.08$

CIBC Dividend Growth Fund: 509.48$
CIBC Emerging Markets Index Fund: 422.84$
CIBC Monthly Income Fund: 997.24$

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: 116.95$
TD Monthly Income: 105.85$
TD Emerging Markets: 84.20$
TD Energy: 80.32$
TD Precious Metals: 122.07$
TD Latin American Growth: 96.43$
TD Entertainment and Communications: 107.73$
TD Dividend Growth: 197.47$
TD U.S. Mid-Cap Growth: 99.19$

Maritime Life International Equity Fund
(Templeton): 614.36$
Manulife Simplicity Growth Portfolio: 846.51$
Maritime Life CI Harbour Seg Fund: 979.23$
Maritime Life Fidelity True North Seg Fund: 961.03$
Maritime Life Trimark Europlus Seg Fund: 593.98$

Great-West – various: 1 753.62$

RBC Canadian Dividend Fund: 514.52$
RBC U.S. Mid-Cap Equity Fund C$: 1 722.77$
RBC Global Resources Fund: 872.23$
RBC O’Shaughnessy International Equity Fund:
592.12$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 046.56$

GIC Canadian Market: 1 000$

TOTAL: 29 448.26$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(124$):
100 074.24$

I received Just Energy Income Fund (JE.UN) dividend for September 2010

This is what I had been waiting for! I finish work early today, around 7:30pm actually as I was exhausted I begin to suffer form back pain. So I walk around St-Catherine, saw an old colleague to who I say hello, I went by the groceries store as I feeling to eat some salmon, come back home, clean a little, log in my laptop and….. there I saw them, my dividend from Just Energy Income Fund (JE.UN)! WOW! I had received 77.29$ in dividend income from Just Energy Income Fund. This is adding 5 new units to my collection, which mean that I currently hold 753 units of Just Energy Income Fund!

My back begin to hurt today and when it does, its mean I am in need of walking, even if I walk everyday to go to work. I had been working a lot more than my usual 6 hours shift at work and it had its effect on my back. I don’t suffer from back pains on a regular basis, just from time to time but when it hurt, it hurt to hell. Anyway, I am much better. And surprise, I am only missing 224$ to pay on my TD credit line! Another surprise, for the first time ever, my non registered stocks and units portfolio had exceed the 58 000$! Time for one of my famous portfolio update? Yep for sure!

Thursday, September 9, 2010

Just enough to pay off my TD credit line

I received my paycheck. Not as huge as wanted, but I will catch up next pay. Luckily, I have enough to pay off entirely my TD credit line!

My non registered stocks and units portfolio is at more than 57 800$ right now. Sprott Canadian Equity Fund had passed the 37$ per unit. So it’s all very great news overall right now financially speaking. Everything is under controlled or almost. I was just upset to learn that Bank of Canada had increased a something rate of 1%. That increased do not appear so far on my TD line of credit or either on my RBC credit line but I guess it could increased. Anything can happen knowing the Tories government we have right now. I will later on work at paying more debt as overtime is currently available at my job.

Being too much in deep in the red is not good but I really appreciate my latest RBC credit line – it allows me to reach my first 100k in investment. I might be very close to my goal at this time but I am very tired, just coming from a 12 hours shift and I don’t have any energy left to spend over some portfolio update, even if it’s something I really enjoy to do. I like counting and calculating every single penny coming out of my fortune.

I just cannot wait for tomorrow to finally paid off that TD credit line.
 

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