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Monday, June 8, 2009

What had to happen happen…

I just check out again the activity of my broker account, and some new change happen on date to today. The extra 200 units I hold from Just Energy Income Trust (JE.UN) will soon disappear from my account. Let’s consider that I am now at the point where I should be, I now have 200 units and not 400 units of Just Energy Income Trust… No big deal. As soon as I will have more money, I will be able to invest in more stocks or units.

I wake up late this morning. I didn’t stay all night on my computer but the sleep was good. But I just don’t want to sleep late every morning like a lazy girl. Only thing I have time to do today are my hair. I need to dye my hair. And tomorrow, I am looking for a hair cut.

Sunday, June 7, 2009

Another week begin and I am now seriously job searching

Job survey nightmare

It was horrible at work today. I got a dude who answers my entire questionnaire. It went find but he was complaining about fact that I had to slow down and that he had problems to understand me. For all other respondent that I interview in English, it went extremely well. But just that one, it was very bad. Some English speakers are not respectful. I do not care about my English because I am French. But I blog in English because it’s to practice my English.. Is that clear enough? lol

Anyway, call end that the poor guy ask for my name and the company number. Which I had to provide because the call had been recorded… I cannot wait to see if I am going to get feedback on that one.

Job searching for the better or the worst

In 2 days from now, I plan to send resume and begin my job search at a café that I very like. As long as I remember, I always had been able to find work when I start my job search at that place. Before, I didn’t have Internet at home and each time I was job searching at that café, I got good result.

Lazy me

But in the meantime, same problem remain, I didn’t do any of the stuff I needed to do, so let’s say I am basically at the same point as before. But I guess this time was needed for me just to take a break. Now, I do not have any excuses, I need to move forward. And I did tonight by cleaning my place. For a reason or another, my tiny little apartment cannot remain clean at any time. I only clean once or every 2 weeks. Anyway, the cleaning part is done and completed for now.

And just this evening, I complete my vote through the Internet as a shareholder of Hanwei Energy Services (HE) and Just Energy Income Fund (JE.UN).

As for my job search, I already begin it, but I didn’t send any resume yet, as I plan to send them as soon as I will do with everything I need to do. I probably be able to get another and when I will begin working again like before during day-time, it’s going to be hardcore again, as I will be working from 9am to midnight on weekdays and not to forget about my 8 hours shift on Saturday and Sunday. I might be pushing it to far, but I am really working into continuing at investing massively in stocks and to do so, I need more money. But I know I can do it as I was working that way for almost one year when I got laid-off of my day-time job because the project I had been working on had been closed.

I am better beginning a serious job search as soon as possible because at my weekend job, they had announced the lost of a big contract. It could happen that I could be out of work anytime soon from that job.

One thing I need to do as well is to go to bed earlier and not to spend my night on the Internet. It’s going to be rough, but since I want to reach 200$ income per month in dividend earnings by the end of the summer, I guess I will find the courage to just shake me up a bit.

Its official: I now own 400 units of Just Energy Income Fund

Today was a beautiful day in Montreal. I was working from 10am to 6pm. After what, I went for a walk in the Old Montreal. The weather was perfect. I enjoy my evening. Now that I back, I just check my broker account and yes, I still have 400 units of the late Energy Savings Income Fund (SIF.UN), which name recently change for Just Energy Income Fund (JE.UN). Look like I can consider myself like having so far a projecting 1803.07$ in dividend earning (calculate for a year basis). That’s good news!

More about the new Just Energy Income Fund

“Just last week” lol… I received another voting package…. This time, it was concerning the new Just Energy Income Fund. We learn by the Chairman that the new name had previously been tested in the US and had been well view… For myself, as I said, I way prefer Energy Savings. JE.UN had a new Web site! New domain address and brand new looks… It was about time lol! I didn’t like SIF.UN Web site at all.

Upcoming project: seriously job searching

Among my upcoming project, I need to begin my job search. I already begin in this late evening. Tomorrow I work until 8pm, but I plan to totally invest myself in my job searching process starting by tomorrow evening. I cannot wait to see if what I will be able to find. Just please God, not another job as an interviewer ;)

Saturday, June 6, 2009

Summer is coming and crazy things happening in my portfolio

Like always when I come back from work, I took at look at my portfolio… and I had a huge surprised! But I have no clue of what is going on!

Because it’s all about money

Let’s begin by the good stuff, my initial 1 000$ investment with Creststreet Alternative Energy Fund now worth 1 102$ in date of today! I really like this mutual fund. Money, crazy money. This fund is going to make me rich. The only thing I want right now is to invest an extra 1000$ in this fund RIGHT NOW lol.

Now, about the crazy stuff…

I knew that Energy Savings Income Fund (SIF.UN) was changing of name for Just Energy Income Fund (JE.UN). That part, I knew it. But what I didn’t know about is the crazy thing it will make later on in my portfolio… Check it out. When I say crazy, it’s crazy!

Here is what I have in my portfolio regarding the late Energy Savings Income Fund (SIF.UN) and the new Just Energy Income Fund (JE.UN):

ENERGY SVGS INCM FND T/U* - 200 -2 449,00$ - 2 236,00$
JUST ENERGY INCM FND T/U 400 4 898,00$ 4 456,00$

I had 200 units of SIF.UN and now, I have 400 units of JE.UN. Shouldn’t it be 200 units and not 400 units?

But hey, I am not going to complain about it and I won’t even call TD Waterhouse about it either because 400 units of Just Energy Income Fund (JE.UN) will provide me, for a year, 494.40$ in dividend income. So I won’t complaint about it lol…. But still, a mistake might have been done somewhere. Originally, I only had 200 units of Energy Savings Income Fund (SIF.UN) and now, from the exact same company who now has a different name, I now own 400 units… No sense! But thank you TD Waterhouse, thank you!

I now have 400 units of Just Energy Income Fund (JE.UN) and if it happens that 200 of those units go away from my account some day, well, I am going to cry lol. And after what I will definitely call TD Waterhouse. Do not touch my portfolio!

Isn’t awesome?

About my dividend income goal

This is s good for me, since I had fix myself that 2 000$ in dividend income by the end of the summer!

Let’s calculate our dividend income:

Bank of Nova Scotia (BNS) 102 stocks
[1.96$ annual dividend]: 199.92$

Fortis (FTS) 101 stocks
[1.04$ annual dividend]: 105.04$

Livingston International Income Fund (LIV.UN) 102 stocks
[0.504$ annual dividend (but suspension of the dividend]: 17$ (total received so far from LIV.UN)

Methanex Corporation (MX) 102 stocks
[0.7975$ annual dividend]: 81.35$

Sprott Asset Management (SII) 500 stocks
[0.10$ annual dividend + 0.15$ special dividend]: 50$ + 75$: 125$

Pengrowth Energy Trust (PGF.UN) 525 stocks
[1.20$ annual dividend]: 622.80$

Pembina Pipeline Income Fund (PIF.UN) 101 stocks
[1.56$ annual dividend]: 157.56$

Just Energy Income Fund (JE.UN) 400 units
[1.24$ annual dividend]: 494.40$

TOTAL: 1 803.07$

I am only missing 196.93$ to reach my 2 000$ annual dividend earning income! I will just need to invest in 100 unit of Bell Aliant Regional Communications Income Fund (BA.UN) instead of 200 units like it was initially plan. This is the perfect situation for me, especially at this time, since its summer. I didn’t even begin my job search for a day-time job…

Thursday, June 4, 2009

I am now at 45 882.92$ value!

I am so happy! Earlier this week, I calculates the overall value of my investment, and it’s now worth 45 882.92$! Which mean I am only missing 4 117.08$ to reach my first 50 000$! I am so close to my goal right now! It will be super great if I could reach 50 000$ by the end of the summer. Thanks for the TSX, I was able to gain some money I had lost.

The wonderful Creststreet Alternative Energy Fund is now up to 1090$. My portfolio also gains a valuable jump. It’s hard to believe I almost there. This should help me and keep me motivate. I had a lot to do but I didn’t move forward in any of my projects so far this week. I blog a little, go to work and it’s about all. I was planning to search for a day-time job, but I didn’t perform any job searching yet. I am just not into it at all.

Gain today, I wake too late, and it’s ruin all of my day because the only time left is barely enough just to write this post, eat lunch-breakfast, take my shower and run to work. Life is such a cruelty... the weather had been awesome since yesterday in Montreal! I have to be a bit more alert. Tomorrow, I have to wake up early and do some of my stuff, if not job searching.

Tuesday, June 2, 2009

Hanwei Energy Services is an Energy Rock!

I was really pleased yesterday as the TSX jump to more than 10 500 points! Last week, I received the 2008 Hanwei Energy Services Annual Report and Notice of Annual General Meeting of Shareholders.

While being at work, I began to read the 2008 Annual Report of Hanwei Energy Services. I like Hanwei Energy Services from the start, since I read about the company in The Investor 500, special issue, summer 2008 of Canadian Business.

The Letter to Shareholders of Fulai Lang, Chairman & CEO of Hanwei Energy Services begin like this: "2008 was a remarkable, historic period. In a 12-month span, we saw energy prices retreat from historic highs to multi-year lows as the global financial crisis wreaked havoc in the capital and commodity markets worldwide. While these reversals caused many companies to retrench or delay their business plans, Hanwei successfully advanced, reporting profitable top line performance and significant growth from all three operating segments."

Those are very good news for Hanwei shareholders like me. I own 300 stocks of Hanwei Energy Services. I am very glade to have those 300 stocks in my portfolio. Hanwei has activities in China: “In China, our primary market, energy demand is projected to continue its strong growth to a point when China will surpass the USA as the world’s largest consumer of energy.” But could it be the case? Could China surpass the USA in term of energy demand? It’s not that difficult to imagine, but when it will happen, Canada government will have to do much more for the environment. And not only Canada, but all countries of the world. But seem like China government is aware of the situation because according to Fulai Lang, the Chinese government is promoting green energy and had invested, in other, in wind energy with Hanwei Energy Services.

One of the reason I like Hanwei Energy Services is because the company is doing business in the green energy sector.

With all those great news surrounding Hanwei Energy Services, I wouldn’t be surprised to see Hanwei Energy Services stocks rise to… 2$ per stock lol. Funny… But see, HE value is currently of 1.75$ per stock. I believe that as soon as Hanwei Energy Services will declare more growth, there will be a point where the value of its stock may jump to 2$ and let’s wish it, even more.

Thining about green energy investment in my portfolio, we find Methanex and Creststreet Alternative Energy Fund. In the future, I am looking forward to earn more stocks of companies being involved, like Hanwei Energy Services, in the wind power and green energy sector. A lot of money can be done in those fields. You want to verify by yourself? Just check out the fantastic result of Creststreet Alternative Energy Fund. The 1 000$ I invest not even one year ago now worth 1 084$! Just incredible!

Hanwei Energy Services Fulai Lang Chairman closes its letter with those powerful worlds: “our future is very bright”.

Beautiful letter!

Monday, June 1, 2009

Another week begins… and I am officially a day-time job seeker!

I will begin my job search tomorrow. I had been talking about job searching for weeks! Now that June is in, I am officially beginning my job search. I don’t know which direction to take. I will probably begin by looking into regular job postings and if I cannot find from there, I will just begin to send my resume all over the place. It’s going to be fun lol. Somehow, I am quite exciting about it. Another job more money and more money mean Bell Aliant Regional Communications Income Fund (BA.UN) in my portfolio!

Time run out fast soo quickly. Just earlier today, I was feeling lost. I was thinking of all I have to do and I was feeling desperate. I begin to write down the things I need to do and I felt much better after that. I realize I didn’t have that much to do. I promise myself to not push too much on myself. If not, it’s in those times I begin to feel anxious and way too much tired. I can handle working at 3 different jobs at the same time, but I cannot handle blogging on my different blogs and be working at 3 jobs at the same time…

Anyway, I actually do not that much things to do. Just regular stuff that I wanted to do. I should probably have been done with all those before beginning my official job hunting period. But sometimes, it’s good to take a rest and do just whatever. And I had been through that “whatever” period. Done and completed.

The weather was again quitted cold today in Montreal. Too bad I didn’t have a great weather for my last free-time week.

Saturday, May 30, 2009

My portfolio at Great-West Life

At one of my late job (I no longer work there anymore) we had a Group Retirement & Saving Plans. The employer contributes to it, and as an employee we also had to invest in the program, even if we didn’t want to lol.

The value of my portfolio in date of March 31 is of 1 451.71$. The value of my Great-West Life portfolio in date of January 2009 was of 1 471.95$. Since that time, I lost 20.24$. When I first pick my mutual funds, I didn’t know too much about investments.

My Great-West Life portfolio largely includes fix income. I do not regret the choice; it’s actually giving a bit of stability to my overall portfolio (stocks, units and all other included).

Let’s check out this other awesome portfolio of mine.

My Great-West Life portfolio:

Leith Wheeler Canadian Equity: 207.30$ (14.3%)
Bissett Small Cap Fund: 161.43$ (11.1%)
Trimark Candian Bond Fund: 442.06$ (30.4%)
McLean Budden Fixed Income Fund: 182.58$ (12.6%)
TD Canadian Bond Index: 275.94$ (19%)
London Life Mortgage (LC): 92.58$ (6.4%)
GWL Investment Management Ltd. (GWLIM) Real Estate Fund: 89.82$ (6.2%)
TOTAL: 1 451.71$

It’s all about dividend income now

About my Livingston International Income Fund (LIV.UN) dividend

Just yesterday, I had received 4.28$ in Livingston International Income Fund (LIV.UN) dividend. The amount was unfortunately not enough to purchase even 1 unit of LIV.UN. I transfer the little money as payment on my credit line. I won’t receive any more LIV.UN dividend for quite a while now that Livingston International Income Fund had announced a temporary suspension of their distribution. Very sad. But while LIV.UN is cutting its dividend, some other companies of my portfolio continue to pay dividend. And they are, among other…

And also Sprott Asset Management (SII)!

Just today, I had received 12.50$ in dividend from Sprott Asset Management (SII)! It’s make an extra 12.50$ I can transfer as payment of my credit line. And I truly need it. The dividend had been deposit in my account in date of June 1, but I already received the dividend on date of today in my account. Strange!

And for Fortis?

For the month of May, I taught I was supposed to receive some Fortis (FTS) dividend, but I didn’t received anything so far coming from Fortis. Maybe I done a mistake in the distribution date, it’s something I have to verify. Or call TD Waterhouse lol…

Waiting for Energy Savings Income Fund (SIF.UN) dividend

The only dividend earning that is currently missing from my portfolio for the month of May is the one coming from my “investment rock”, Energy Savings Income Fund (SIF.UN).

This week, SIF.UN had announced their name change. I find this name change useless because I really like the name Energy Savings Income Fund. Starting June 1, SIF.UN will become Just Energy Income Fund. I don’t like the new name at all. Energy Savings was much more classy. Just Energy sounds like a cheap product name. I just hate it! As a unitholder of Energy Savings Income Fund, I would have like to vote their name change. And of course, I will have vote against it. Instead of changing of name, SIF.UN should have changed the look of their Web site if they wanted just to have some change. I just don’t like their Web site at all.

And about other things

And talking about investment and dividend, this week was officially my last week of free time. It’s been very cold in Montreal this last week and it was not the perfect weather for outdoor activities like I wanted to do. I pass enormous time blogging, trying to make money online. I also work at my 2 jobs like usual. I am doing quite fine. The TSX had close for the month of May at more than 10 000 points. On Monday, I will begin like plan my job search. I will probably have less time to spend on my different blogs, but it’s not about what is the most important thing at this time. Right now, I would very much like to add 200 units of BA.UN to my portfolio. I think I will be able to make it by the end of the summer if only I can find myself a day-time job. I am just hoping everything will turn out for the best.

If am not being successful at making money online, at least, I want to be able to reach my dividend goal which is to reach 2 000$ in dividend earning income by the end of this summer.

I am kind of exciting by my upcoming job search and I cannot wait to see what will happen.

Monday, May 25, 2009

Thinking about Derek Foster

I had been thinking about Derek Foster lately. Fact is, because he had sale big part of his portfolio a couple of months ago, taxes are going to be horrible for him next year! I just hope he won’t have to pay out too much in taxes. I had so much trouble with my own taxes this year. I am quite happy to have this behind me now.

I remember my reading of Stop Working. In his first book, Derek Foster, somewhere in his introduction, talked about things he would like to do rather than working. One thing was about building Web site, another one to do the military training, among other. Now that he had sold out biggest part of his investment, I wonder what Derek Foster is now doing, if he had joined the military or what else lol.

Derek Foster should start a blog of its own and applied Google AdSense ads into it. Wouldn’t be cool lol?
 

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