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Sunday, January 16, 2011

I am now at 139 860.70$

I am getting closer and closer to my first 150 000$ asset goal! Of course, this 139 860.70$ asset value is not my net worth. After debt deduction, my net worth is currently of somewhere of 81 482$! I hold 58 300.18$ in debt. Those debt of mine generate 2 965.36$ in annual interest.

My first divident distribution of 2011

So far for this weekend, I had received the following dividend payment:
Enbridge Income Fund Holdings Inc. (ENF): 30.62$
Pengrowth Energy Corporation (PGF): 14.91$
Premium Brands Holdings Corporation (PBH): 59.97$
Yellow Media Inc. (YLO): 31.30$

Projected dividend income for 2011

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 62.40$ + 312$ in special dividend = 374.40$
Bank of Nova Scotia (BNS): 601.72$
Methanex Corporation (MX): 63.86$
Fortis (FTS): 119.84$
Pembina Pipeline Corporation (PPL):
672.36$
Just Energy Group Inc. (JE): 949.25$ + 153.60$ in special dividend (Just Energy Group Inc. (JE) didn't announce its special dividend yet, but it should come soon) = 1 102.85$
Yellow Media Inc. (YLO): 381.90$
Bell Aliant Inc. (BA): 383.80$
Pengrowth Energy Corporation (PGF): 178.92$
Enbridge Income Fund Holdings Inc. (ENF): 368.64$
Corby Distilleries Limited (CDL.A): 113.12$
Davis + Henderson Corporation (DH): 370.87$
Premium Brands Holdings Corporation (PBH):
239.90$
EnCana Corporation (ECA): 160.80$
iShares S&P/TSX Capped REIT Index (XRE): 125.66$

TOTAL: 5 258.64$

Tax-free savings account (TFSA):
EnerCare Inc. (ECI): 277.34$

TOTAL: 277.34$

RSP investment portfolio (retirement):
EnCana Corporation (ECA): 80$
Emera Incorporated (EMA): 267.80$

TOTAL: 347.80$

OVERALL: 5 883.78$

Excluding the RSP dividend, I should be earning 5 535.98$ in 2011 dividend income. Not bad. This represent an income of 461.33$ per month. This dividend income help to cover for the 2 965.36$ in interest money. Eventually, I will be working at paying off those debt, but it won't be anytime soon. Will the first 150 000$ be in 2011?

Saturday, January 15, 2011

My stock investment portfolio on date of January 14, 2011

Savings:
2 056.57$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 4 992$
Timminco (TIM): 106$
Blue Note Mining (BNT): 46$
Bank of Nova Scotia (BNS): 17 446.81$
Hanwei Energy Services (HE): 126$
Methanex Corporation (MX): 3 015.84$
Fortis (FTS): 3 665.82$
Pembina Pipeline Corporation (PPL):
9 559.58$
Just Energy Group Inc. (JE): 11 520$
Yellow Media Inc. (YLO): 2 930.75$
Bell Aliant Inc. (BA): 5 353$
Pengrowth Energy Corporation (PGF): 2 839.29$
Enbridge Income Fund Holdings Inc. (ENF): 5 564.80$
Corby Distilleries Limited (CDL.A): 3 405.72$
Davis + Henderson Corporation (DH):
4 258.16$
Premium Brands Holdings Corporation (PBH):
2 827.44$
EnCana Corporation (ECA): 6 273.21$
Sprott Physical Silver Trust UTS (PHS.U): 2 532$
iShares S&P/TSX Capped REIT Index (XRE): 2 139.06$
Horizons Gold Yield Fund (HGY.UN): 1 984$
Cash: 136.84$

TOTAL: 90 722.32$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
3 007.45$
EnerCare Inc. (ECI): 3 167.20$
Dumont Nickel Inc. (DNI): 359.38$
Cash: 7.79$

TOTAL: 6 541.82$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 400.18$
Claymore Gold Bullion ETF (CGL): 4 130.36$
EnCana Corporation (ECA): 3 121$
Emera Incorporated (EMA): 6 723.84$
Cash: 87.06$

CIBC Dividend Growth Fund: 560.79$
CIBC Emerging Markets Index Fund: 428.25$
CIBC Monthly Income Fund: 1 046.11$

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

GIC National Bank: 1 251.85$
GIC Plus: 500$

TD Canadian Bond: 114.90$
TD Monthly Income: 109.73$
TD Emerging Markets: 90.22$
TD Energy: 97.47$
TD Precious Metals: 141$
TD Latin American Growth: 105.48$
TD Entertainment and Communications: 124.15$
TD Dividend Growth: 209.73$
TD U.S. Mid-Cap Growth: 118.17$

Maritime Life International Equity Fund
(Templeton): 669.89$
Manulife Simplicity Growth Portfolio: 934.09$
Maritime Life CI Harbour Seg Fund: 1 106.30$
Maritime Life Fidelity True North Seg Fund:
1 068.24$
Manulife GIF MLIA B World Invest: 652.16$

Great-West – various: 1 834.72$

RBC Canadian Dividend Fund: 552.88$
RBC U.S. Mid-Cap Equity Fund C$: 2 054.23$
RBC Global Resources Fund: 1 284.69$
RBC O’Shaughnessy International Equity Fund: 662.04$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 218.58$

GIC Canadian Market: 1 000$

TOTAL: 40 403.63$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(96.36$):
139 860.70$

Oprah and Suze Orman outrageous interview with Nadya Suleman

Did you see it? I didn't see it all. I am taking here about the the TV appearance of Nadya Suleman on Oprah on today, January 14, 2011.

Seem like Oprah and her friend Suze Orman decided to go down on Nadya Suleman today on Oprah TV show and I don't like that. I don't like that at all. I never been on Oprah fan. I never watch one full Oprah tV show of my life as I feel Oprah as being superficial. The best thing that she ever done in her life was to publicly support Obama. now that it had been done. Oprah is just Oprah, trying to be the TV Queen show that everyone expect her to be. But among the way, Oprah lost herself. We all had a taste of that today.

Today, Oprah shown that she had become an Amir Khadir type of person - willing to look good and nice from the outside, but very very bad from the inside. I wonder if Oprah and Suze Orman ever taught about the mental health of Nadya Suleman. During the interview, Oprah laugh at Nadya Suleman. Suze Orman was terribly rude. Like what the heck? What that lesbian say to Nadya Suleman is wrong.

Now that her 8 babies are born, everyday, Nadya Suleman has to live with the consequences of her choice. That's enough. She doesn't to get more humiliation that she already got , like for example being offer to do a p*orn movie with Vivid Entertainment. By laughing at Nadya Suleman, Oprah had show her true colors.

Nadya Suleman doctor's is responsible for all this. It's not like she did it alone. A doctor had to do this to her. I understand Nadya, for the reason why 8 embryos had been implanted in her. she had 2 miscarriage before. The third was going to be the last one and it wasn't plan to work. Her doctor has as much responsibilities in all this as herself. And I think that Suze Orman and Oprah had forgot about that part.

I find both Suze Orman and Oprah very stupid. We should pray for Nadya Suleman instead of publicly making fun of her like Oprah did in her show that been broadcast today. Oprah had lost it all. And Suze Orman, to point her fingers at Nadya... That Suze Orman so horrible, lesbian or not, she's horrible with her super white teeth. Yak.

Friday, January 14, 2011

I am now at 138 729.94$

Despite working at only one job at this time and having plenty of free time on hands, I have problem to do everything on my "To do" list. Like for example, yesterday, I really wanted to update the value of my portfolio because the TSX had won some good value yesterday... But I couldn't as I was too tired...

But I catch up today! I update my portfolio! I am now at 138 729.94$. I am quite heavily in debt, but even there, my net worth is of a bit more than 80 000$, which I consider good. My investment portfolio had marked some great points lately. I calculate my dividend income for 2011, and with what I have right now as holding, I will be earning the equivalent of 455.42$ in dividend income. For a year, this represent an amount of 5 465.04$. Even more than I could ever dream more. And since the income trusts I hold are all now fully converted into corporation, everything should just start getting better. No more tax problems.

At this point of the journey, my investment adventure is just getting even more interesting. The 5 465.04$ in projective dividend income for 2011 is quite something! The 6 000$ in dividend income is not really far away. It could come true in 2011.

My stock investment portfolio on date of January 13, 2011

Savings:
2 056.57$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 4 867.20$
Timminco (TIM): 104$
Blue Note Mining (BNT): 46$
Bank of Nova Scotia (BNS): 17 176.65$
Hanwei Energy Services (HE): 120$
Methanex Corporation (MX): 3 034.38$
Fortis (FTS): 3 652.98$
Pembina Pipeline Corporation (PPL):
9 469.07$
Just Energy Group Inc. (JE): 11 481.60$
Yellow Media Inc. (YLO): 2 935.50$
Bell Aliant Inc. (BA): 5 363.10$
Pengrowth Energy Corporation (PGF): 2 809.47$
Enbridge Income Fund Holdings Inc. (ENF): 5 619.20$
Corby Distilleries Limited (CDL.A): 3 403.70$
Davis + Henderson Income Fund (DHF.UN):
4 258.16$
Premium Brands Holdings Corporation (PBH):
2 845.80$
EnCana Corporation (ECA): 6 104.37$
Sprott Physical Silver Trust UTS (PHS.U): 2 562$
iShares S&P/TSX Capped REIT Index (XRE): 2 112.88$
Horizons Gold Yield Fund (HGY.UN): 1 990$
Cash: 0$

TOTAL: 89 956.06$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 988.75$
EnerCare Inc. (ECI): 3 137.24$
Dumont Nickel Inc. (DNI): 330.63$
Cash: 7.79$

TOTAL: 6 464.41$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 400.18$
Claymore Gold Bullion ETF (CGL): 4 170.92$
EnCana Corporation (ECA): 3 037$
Emera Incorporated (EMA): 6 717.66$
Cash: 87.06$

CIBC Dividend Growth Fund: 556.64$
CIBC Emerging Markets Index Fund: 427.97$
CIBC Monthly Income Fund: 1 041.53$

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

GIC National Bank: 1 147.42$
GIC Plus: 500$

TD Canadian Bond: 114.99$
TD Monthly Income: 109.13$
TD Emerging Markets: 90.34$
TD Energy: 97.04$
TD Precious Metals: 143.63$
TD Latin American Growth: 105.97$
TD Entertainment and Communications: 123.64$
TD Dividend Growth: 207.36$
TD U.S. Mid-Cap Growth: 117.48$

Maritime Life International Equity Fund
(Templeton): 666.19$
Manulife Simplicity Growth Portfolio: 930.87$
Maritime Life CI Harbour Seg Fund: 1 100.38$
Maritime Life Fidelity True North Seg Fund:
1 069.46$
Maritime Life Trimark Europlus Seg Fund: 644.05$

Great-West – various: 1 751.69$

RBC Canadian Dividend Fund: 547.68$
RBC U.S. Mid-Cap Equity Fund C$: 2 041.25$
RBC Global Resources Fund: 1 289.72$
RBC O’Shaughnessy International Equity Fund: 659.81$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 217.11$

GIC Canadian Market: 1 000$

TOTAL: 40 119.69$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(93.21$):
138 729.94$

Wednesday, January 12, 2011

Fantastic Sprott Inc. (SII) declared a special dividend for 2010

No special dividend had been declared for Just Energy (JE) yet and I have to say, I am waiting quite impatiently. But today, Sprott Inc. (SII) made an extraordinary announcement via a press release. Please read it, you'll be please you did:

"TORONTO, Jan. 10 /CNW/ - Sprott Inc. (TSX: SII) today declared an interim special eligible dividend of $0.60 per common share for the year ended December 31, 2010, payable on February 3, 2011 to shareholders of record at the close of business on January 19, 2011."

Do you really need an explanation on what a special dividend of 60 cents per common share of Sprott Inc. (SII) represent? Sprott Inc. (SII) plan to pay 60 cents per stock hold until January 19, 2011.

My first ever stock investment I made was way back in 2008, shortly before the stock market crash. At the time, I had invested in 500 stocks of Sprott Inc. (SII). Never did I doubt about my investment in Sprott Inc. (SII). I had faith in Eric Sprott like no one else. When, back in the days, Eric Sprott publicly announced his very high interest in Timminco (TIM), I did what i taught was the right thing to do, I invest in 100 stocks of Timminco (TIM) at around 20$ per stock. Later on, trouble begins for Timminco (TIM). But I had so much faith in Eric Sprott that when Timminco (TIM) stock value drop, I invest again in 100 other stocks of Timminco (TIM). That's how much I trusted Eric Sprott. In whatever Eric Sprott invest in, I invest in too. That's how I lost something close to 4 000$ in Timminco (TIM).

I lost 4 000$ not because of Eric Sprott, but because of my trust in the man. I knew, back in 2008, that the stock market was experiencing something that never been experiencing before. There's been recession before 2008 of course, but what happen in 2008 was more than just a recession, it was like the end of capitalist known as we knew it back than. But my dreams of making it big never lost me. The world was lost, but not me.

In 2008, following the market crash, my investment in Sprott Inc. (SII) decrease in value. Back in the times, I had purchased 500 stocks at 10$ each, for a 5 000$ value. Quite some money. Remember, Sprott Inc. (SII) was my first stock investment. Everything was unknown, unsure, but I knew I was going to make it. I saw Sprott Inc. (SII) going below 4$ in 2008, 2009 and 2010. I had been a stockholder of Sprott Inc. (SII) just because of the man, that Eric Sprott that I love and hate during that long deep dark period of 2008 and today, 2011. But I have to say, now, I am more sympathetic to Eric Sprott but I have to say, when I have smart gurus, I like to appreciate them, and hate them, following the ups and downs of the market. That's the yin and the yang for me. It's the whole secret chemistry behind me. It's a mix of everything, control by nothing or if you prefer by God.

My trust in Eric Sprott didn't just go to Sprott Inc. (SII) and it's ex-sweetheart Timminco (TIM). Following my investment in Sprott Inc. (SII), I decided to invest in the Sprott Canadian Equity Fund. Back in the time, the minimum required to invest in the majestic Sprott Canadian Equity Fund was of 5 000$. Following the 2008 stock crash, the Sprott Canadian Equity Fund units hit the 27$ and 25$. Remember the stock crash? There's been like 2 crash periods. During the first period, Bank of Nova Scotia (BNS) stock suddenly went down to 44$ each (that's when I made my first investment in Scotia Bank). But little that I know, the second period of the stock crash was rashing the BNS stock price at less than 30$ per unit.

For Sprott Canadian Equity Fund, the stock crash 2008 part one drop the unit price at 27$ and than, the second part, at somewhere like 25$. I had invested my first 5 000$ in the Sprott Canadian Equity Fund when the units where at its highest - somewhere to 50$ per unit! After, when the stock market crash, I decided to invest another 2 000$ in the Sprott Canadian Equity Fund when the units price were at 27$. My second turn in the Sprott Canadian Equity Fund was made in the first part of the stock market crash of 2008. As for the second part, I never saw it coming. I never felt it, or had an intuition of it. Absolutely nothing. Nothing at all.

Investing again a 2 000$ in the Sprott Canadian Equity Fund was one of my best move ever. In date of today, I made a profit of more than 700$ on my initial 7 000$ investment. That's a lot of money. Only something very powerful as investment like the Sprott Canadian Equity could make that achievable.

Sprott Inc. (SII), Timminco (TIM), Sprott Canadian Equity Fund and... the Sprott Physical Silver Trust UTS (PHS.U)

Just a month or 2 ago, I decided to invest in 200 units of the Sprott Physical Silver Trust UTS (PHS.U) at less than 11$ per units. It's been one of my investment hit of 2010. Since my investment, Sprott Silver had exceed the 14$ per unit. I am still holding Sprott Physical Silver Trust UTS (PHS.U) in date of today. And my wish is to never sell it, keeping it as a mystic relic of Eric Sprott.

Why? Well Eric Sprott despite by yin and yang, will retire probably in 2011. To do what? I don't have a clue. I would had imagines a big shot like Eric Sprott to never leave the market, like WB in the States but hey, sometimes, a girl can be wrong.

So now, I guess you want to find out what mean the 60 cents special dividend of Sprott Inc. (SII) for me? It's mean 312$ in fresh cash and around 30 brand new stocks of Sprott Inc. (SII) in my stock portfolio. this mean that my investment in the Sprott Inc. will reach the old 5 000$ value very very soon. Among the way, I wouldn't lost a penny with Sprott Inc. (SII), but learn A LOT and catch my breathe from 2008 to 2011. But don't relax anything soon, recession is not over. It could last... for another 10 years!

I would just like to see the same thing about Timminco (TIM). On date of today, I still hold my stocks of Timminco (TIM). And no, I won't sell Timminco (TIM0 just to declare a capital lost on them. No money lost for me, just the possibility of a million dollar.

I did all of that money on the stock market because I am proud of being a Canadian and I am following great Canadian leaders, such like Eric Sprott and Derek Foster. Remember: investing is about faith in what you believe in. My $$$ come from my faith in Eric Sprott, Derek Foster and in Canada (as I invest in Canadian stocks mostly). Now everyone know my secret. My secret is faith.

And also to connect to your portfolio. I can stay for hours in front of my broker account, checking out the ups and downs, calculating the value of my portfolio. You need to keep the beat and follow your investments closely, even if their coming from an investor superstar (remember my story about Timminco (TIM)!). Study, calculate, analyze, look and look again. You'll develop an eyes and make money!

Yeah!
 

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