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Tuesday, November 9, 2010

My stock investment portfolio in date of November 8, 2010

Savings:
134$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 3 418.80$
Timminco (TIM): 88$
Blue Note Mining (BNT): 54$
Bank of Nova Scotia (BNS): 5 852.90$
Hanwei Energy Services (HE): 88.50$
Methanex Corporation (MX): 3 022.02$
Fortis (FTS): 3 595.20$
Pembina Pipeline Corporation (PPL):
9 107.91$
Just Energy Income Fund (JE.UN): 11 788.35$
Yellow Media Inc. (YLO): 2 966.70$
Bell Aliant Regional Communications Income Fund
(BA.UN): 5 294$
Pengrowth Energy Trust (PGF.UN): 2 745.11$
Enbridge Income Fund (ENF.UN): 5 259.72$
Corby Distilleries Limited (CDL.A): 3 095.40$
Davis + Henderson Income Fund (DHF.UN):
3 820$
Premium Brands Holdings Corporation (PBH):
2 888.64$
EnCana Corporation (ECA): 5 965.68$
Sprott Physical Silver Trust UTS (PHS.U): 2 224$
Cash: 0.86$

TOTAL: 71 275.79$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 905.92$
The Consumers’ Waterheater Income Fund
(CWI.UN): 2 660.65$
Sprott Canadian Equity Fund:
7 044.99$
Dumont Nickel Inc. (DNI): 330.63$
Cash: 70.67$

TOTAL: 13 012.86$

RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 4 289.22$
EnCana Corporation (ECA): 2 968$
Emera Incorporated (EMA): 6 297.48$
Cash: 58.64$

CIBC Dividend Growth Fund: 540.04$
CIBC Emerging Markets Index Fund: 458.76$
CIBC Monthly Income Fund: 1 040$

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: 117.64$
TD Monthly Income: 109.73$
TD Emerging Markets: 93.23$
TD Energy: 89.84$
TD Precious Metals: 146.72$
TD Latin American Growth: 108.43$
TD Entertainment and Communications: 120.03$
TD Dividend Growth: 205.30$
TD U.S. Mid-Cap Growth: 109.03$

Maritime Life International Equity Fund
(Templeton): 668.18$
Manulife Simplicity Growth Portfolio: 908.61$
Maritime Life CI Harbour Seg Fund: 1 061.01$
Maritime Life Fidelity True North Seg Fund: 1 029.86$
Maritime Life Trimark Europlus Seg Fund: 644.05$

Great-West – various: 1 751.69$

RBC Canadian Dividend Fund: 539.96$
RBC U.S. Mid-Cap Equity Fund C$: 1 891.65$
RBC Global Resources Fund: 1 091.20$
RBC O’Shaughnessy International Equity Fund:
662.35$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 169.05$

GIC Canadian Market: 1 000$

TOTAL: 31 822.64$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(104.41$):
116 389.70$

Saturday, November 6, 2010

The new way to invest in silver: the Sprott Physical Silver Trust

It’s been a quiet weekend. After work, I directly go to Montreal Chapter store to find a copy of Derek Foster latest book The Idiot Millionaire, but it wasn’t there yet. I spend a bit of time there, and than go back home. I start reading more about my latest investment, the Sprott Physical Silver Trust. It’s actually really interesting! Just like gold, silver is gaining in value and it’s seemed like precious metals are going to gain even more value in the upcoming months. Investing in product like the Sprott Physical Silver Trust and the Claymore Gold Bullion ETF (CGL) can definitively bring extra security to a stock portfolio.

I had experiment some money lost in investment like Sprott Inc. (SII), Timminco (TIM), Blue Note Mining (BNT), Hanwei Energy Services (HE) and Dumont Nickel Inc. (DNI). With Sprott Inc. (SII), I am confident that I will soon recover from my loses, but when It come to other investments like Timminco (TIM), Blue Note Mining (BNT), Hanwei Energy Services (HE) and Dumont Nickel Inc. (DNI), I am not that sure. For those 4 investments, the timing was just bad. But I do not consider those investments as being “bad investment”. There’s always a reason behind my choices. I will continue to hold Timminco (TIM), Blue Note Mining (BNT) and Hanwei Energy Services (HE) for the upcoming months. I don’t think that the money los can really be greater than what it is now lol… But I consider selling Dumont Nickel Inc. (DNI). Why? Because I have enough Dumont Nickel Inc. (DNI).

I had invested in Dumont Nickel Inc. (DNI) stocks back in the summer of 2009. Back in the time, on one specific day, the Dumont Nickel company stock value had suddenly jumps. That’s what catches at first my interest. Also, at the time, I was short in cash and I taught that investing in a penny stock could be a good thing… Not that my investment in Dumont Nickel was a bad one, but I wanted to make quick money for the summer. It was experimentation for me. It’s been more than a year now and I still didn’t make money out of Dumont Nickel Inc. (DNI)…

Currently, I hold Dumont Nickel Inc. (DNI) in my Tax-free savings account (TFSA). The value of the investment is of 330.63$. I currently hold 70.67$ (cash) in my Tax-free savings account. I was thinking about selling Dumont Nickel Inc. (DNI) and invest, instead, in 35 units of the Sprott Physical Silver Trust. I am pretty sure I could easily recover from my capital lost by doing so. It’s something I am thinking about doing, without really knowing for sure if it’s what I am going to do next.

But what I know for sure, after reading about the Sprott Physical Silver Trust, I am looking to invest more in it next month. And I may invest more in gold. With the result of the elections in the US, nothing is safe anymore. The Democrates of Barack Obama had lost some representative and a bunch of Republicans are now name in the Congress. Way too much Republicans. So be ready for the worst: invest in gold and silver. Go for the Sprott Physical Silver Trust and the Claymore Gold Bullion ETF (CGL) to protect your assets from the bad Republicans.

I am now at 115 048.14$

Wow! What a week! I am working like crazy these last couple of days. There’s still overtime available for the next couple of weeks. I am expecting to do extra hours and, of course, invest it all in my portfolio…

I had received 78.32$ in dividend from Just Energy Income Fund (JE.UN).

My blog is really the place where I can think about my finance so I hope you won’t mind if I sometime I change my plans… My last investment was supposed to be in the Enbridge Income Fund (ENF.UN), but I had changed my mind after following, for the last couple of days, the Sprott Physical Silver Trust UTS (PHS.U).

The Sprott Physical Silver Trust UTS (PHS.U) is the latest addiction to the Sprott Management Asset family. The trust start back in October 2010 and since that time, the Sprott Physical Silver Trust UTS (PHS.U) units keep gaining in value. I learn about the Sprott Physical Silver Trust UTS (PHS.U) just a couple of days ago – that’s why I didn’t have the chance to write about it earlier.

Oh, and talking about writing…. Derek Foster had published his 5th book! Derek Foster latest book is title The Idiot Millionaire and seem to be full of investment ideas! Yeah! I like the title! Its match well with my way to invest, idiot, but millionaire. Or future millionaire. What do you think?

Today, I had purchased 200 units of the Sprott Physical Silver Trust UTS (PHS.U) at 10.73$... The Sprott Physical Silver Trust had closed the day at 10.84$. If you want my point of view, the Sprott Physical Silver Trust is a very good investment. There’s just something I don’t understand too much about it. The Sprott Physical Silver Trust, under the ticket PHS.UN trade in Canadian currency, but when I place my order, a message appears… I didn’t have time to take note of it as I was in a hurry to place my order but there’s something special about that Sprott Physical Silver Trust. It will make a good contribution in kind for my RRSP.

Some readers had requested info about my debt, I guess I am roughly around 45 000$ or something like it. And no, I am not looking forward to pay my debt, only invest, invest, invest. Go baby go.

Watch out carefully the Sprott Physical Silver Trust. I have a feeling I am going to make some great cash with this one. A tip coming from the Idiot Dividend Girl. ;0)))

My investment portfolio in date of November 5, 2010

Savings:
134$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 3 273.76$
Timminco (TIM): 79$
Blue Note Mining (BNT): 56$
Bank of Nova Scotia (BNS): 5 835.78$
Hanwei Energy Services (HE): 91.50$
Methanex Corporation (MX): 3 019.96$
Fortis (FTS): 3 558.82$
Pembina Pipeline Corporation (PPL):
8 809.01$
Just Energy Income Fund (JE.UN): 11 681.53$
Yellow Media Inc. (YLO):
2 962.05$
Bell Aliant Regional Communications Income Fund
(BA.UN): 5 282$
Pengrowth Energy Trust (PGF.UN): 2 694.47$
Enbridge Income Fund (ENF.UN): 5 310.60$
Corby Distilleries Limited (CDL.A): 3 121.53$
Davis + Henderson Income Fund (DHF.UN):
3 860$
Premium Brands Holdings Corporation (PBH):
2 896.80$
EnCana Corporation (ECA): 5 829$
Sprott Physical Silver Trust UTS (PHS.U): 2 168$
Cash: 88.86$

TOTAL: 70 618.67$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 889.35$
The Consumers’ Waterheater Income Fund
(CWI.UN): 2 480.48$
Sprott Canadian Equity Fund:
6 883.71$
Dumont Nickel Inc. (DNI): 330.63$
Cash: 70.67$

TOTAL: 12 654.84$

RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 4 252.04$
EnCana Corporation (ECA): 2 900$
Emera Incorporated (EMA): 6 134.28$
Cash: 58.64$

CIBC Dividend Growth Fund: 537.21$
CIBC Emerging Markets Index Fund: 459.62$
CIBC Monthly Income Fund: 1 035.42$

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: 117.81$
TD Monthly Income: 109.33$
TD Emerging Markets: 93.23$
TD Energy: 89.29$
TD Precious Metals: 143.15$
TD Latin American Growth: 108.89$
TD Entertainment and Communications: 119.47$
TD Dividend Growth: 204.33$
TD U.S. Mid-Cap Growth: 108.47$

Maritime Life International Equity Fund
(Templeton): 670.98$
Manulife Simplicity Growth Portfolio: 907.02$
Maritime Life CI Harbour Seg Fund: 1 053.72$
Maritime Life Fidelity True North Seg Fund: 1 021.14$
Maritime Life Trimark Europlus Seg Fund: 645.06$

Great-West – various: 1 751.69$

RBC Canadian Dividend Fund: 537.40$
RBC U.S. Mid-Cap Equity Fund C$: 1 890.47$
RBC Global Resources Fund: 1 081.39$
RBC O’Shaughnessy International Equity Fund:
665.71$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 160.28$

GIC Canadian Market: 1 000$

TOTAL: 31 508.98$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(91.65$):
115 048.14$

Friday, November 5, 2010

Welcome Sprott Physical Silver Trust UTS (PHS.U), 200 units of PHS.UN in my online future trading brokerage!

Hello all! I just place my first 9.99$ trade with TD Waterhouse! It was supposed to be yesterday, but I just wasn't able to get out of bed on time...

I purchase 200 units of the Sprott Physical Silver Trust UTS (PHS.U). I know... I had previously target Enbridge Income Fund (ENF.UN), but I was willing to add something I wasn't already holding and I find PHS.UN a nice way to diversify even more my portfolio...

So welcome to the Sprott Physical Silver Trust UTS (PHS.U)!

Anyway, we will talk about it later on this evening. Got to run for work.

Thursday, November 4, 2010

Geting ready for my first 9.99$ trade with TD Waterhouse

Yep... it is tomorrow.. or should I say today, since it's already 1:14am... I just received a good paycheck, very close to the 1 000$ and early morning, I should be good to place my order to get 100 brand new units of Enbridge Income Fund (ENF.UN). After what, I will have available 647$ on my TD credit line to place another investment next month.

I just had received Bank of Scotia (BNS) dividend of 52.43$.

Yellow Pages Income Fund (YLO.UN) had turn into a corporation. The change appear in my broker account. I now hold my units under the name Yellow Media Inc., the new ticket being YLO.

I finish work late as I am working overtime to purchasing you know what. I hope to be able to place another trade next month too.

Wednesday, November 3, 2010

The Consumers’ Waterheater Income Fund (CWI.UN) / EnerCare Inc.: a killer company

Lately, a reader asks my opinion about The Consumers’ Waterheater Income Fund (CWI.UN). I first bought some units of The Consumers’ Waterheater Income Fund (CWI.UN) several months ago after reading that Derek Foster himself was holding some units of CWI.UN. I found CWI.UN interesting because of its low trading price (less than 6$ per unit). This makes it possible to own hundred of units at a fair price in order to receive the benefits of a very interesting dividend: 0.648$ annual dividend per unit. Cannot say no to that right?

In the past couple of months, CWI.UN value had been quite volatile, driving me quite crazy. At a point, I taught: should I be selling my Consumers’ Waterheater Income Fund (CWI.UN) units like Derek Foster? Even if I usually copy Derek Foster investment portfolio quite often without any shame lol, I am still able to make my own choices right. A hold a couple of diamonds in my portfolio and some of them come from my own pick. Among them, Just Energy Income Fund (JE.UN) is probably the “stock pick” I am the most proud of. And I actually borrow money on a credit card balance transfer to invest in JE.UN. Yeah, I know, crazy move, but it wasn’t stupid. Just Energy Income Fund is currently exploding.

Anyway, just to come back to my The Consumers’ Waterheater Income Fund (CWI.UN), if you want my point of view, Derek Foster should stick to his own strategy: stick and hold. I am a stick and hold type of investor myself and I got good result just by following the basic of investment. But what if the basic of investment rules where just more than the basic? At a point, I begin to think that the basics are just more than the basic, they are the leading rules of investment.

The Consumers’ Waterheater Income Fund (CWI.UN): dividend yield is of 11.077% - quite impressive if you want my opinion.

The Consumers’ Waterheater Income Fund (CWI.UN) total revenues kept increasing for the past 3 years. Check it out:

2007: 168,128$
2008: 180,523$
2009: 188,246$
(in term of millions of $ of course…)

No way, I am not going to sell this baby lol… And 2010 should be the same. We should be good revenues for The Consumers’ Waterheater Income Fund (CWI.UN) again in 2010.

The Consumers’ Waterheater Income Fund (CWI.UN) does business in, of course, water heater, but that’s not all. In October 2010, The Consumers’ Waterheater Income Fund (CWI.UN) had acquired a small but profitable business name Enbridge Electric Connections Inc. specializes in electricity. Awesome isn’t?

Real soon, The Consumers’ Waterheater Income Fund (CWI.UN) will convert into a dividend-paying corporation. Since a name change is required, the company new name under the conversion will be EnerCare Inc. Ok for EnerCare Inc. But the best news is, once the conversion approved, EnerCare plan to maintain the current distribution level. Which mean that the dividend will remain at 0.648$! Very good!

So when it comes to The Consumers’ Waterheater Income Fund (CWI.UN) I only have good words. CWI.UN recently reached 6.08$ per unit, it’s highest ever.

So now, I am going to show you how to invest like a New Brunswicker and I am going to tell you to BUY and HOLD The Consumers’ Waterheater Income Fund (CWI.UN) :0). Have a good night and let’s pray for Barack Obama.

Sunday, October 31, 2010

I am now at 113 039.97$

That’s feeling great for sure! I am finishing the month of October at one of my highest level ever! I am now at 113 039.97$ in assets. The month of October 2010 had been an awesome month, but the month of November will be even better.

Watch out for November 4, 2010!

Why? On November 4, 2010, I will be placing my first trade at 9.99$ with my online broker TD Waterhouse! My next investment? I plan to invest in 100 units of Enbridge Income Fund (ENF.UN).

In order to do so, I work a max of hours lately at work. Working 7 days a week just to purchase stocks could seem at first a silly idea, but in my case, working 7 days a week is the only way I have to increase my salary. And it definitively worth it. My investment portfolio is a real bomb and so am I ;)

My stock investment portfolio in date of October 29, 2010

Savings:
835.48$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 2 926.70$
Timminco (TIM): 58$
Blue Note Mining (BNT): 54$
Bank of Nova Scotia (BNS): 5 849.69$
Hanwei Energy Services (HE): 105$
Methanex Corporation (MX): 2 925.20$
Fortis (FTS): 3 463.59$
Pembina Pipeline Corporation (PPL):
9 415.35$
Just Energy Income Fund (JE.UN): 11 597.40$
Yellow Pages Income Fund (YLO.UN):
2 850.45$
Bell Aliant Regional Communications Income Fund
(BA.UN): 5 598$
Pengrowth Energy Trust (PGF.UN): 2 582.64$
Enbridge Income Fund (ENF.UN): 5 278.80$
Corby Distilleries Limited (CDL.A): 3 216$
Davis + Henderson Income Fund (DHF.UN):
4 084$
Premium Brands Holdings Corporation (PBH):
2 907$
EnCana Corporation (ECA): 5 790.81$
Cash: 15.82$

TOTAL: 68 718.45$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 864.56$
The Consumers’ Waterheater Income Fund
(CWI.UN): 2 501.43$
Sprott Canadian Equity Fund:
6 565.20$
Dumont Nickel Inc. (DNI): 316.25$
Cash: 70.87$

TOTAL: 12 318.31$

RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 4 140.50$
EnCana Corporation (ECA): 2 881$
Emera Incorporated (EMA): 6 054.72$
Cash: 58.64$

CIBC Dividend Growth Fund: 532.12$
CIBC Emerging Markets Index Fund: 448.78$
CIBC Monthly Income Fund: 1 023.20$

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: 117.98$
TD Monthly Income: 108.33$
TD Emerging Markets: 90.97$
TD Energy: 85.56$
TD Precious Metals: 137.39$
TD Latin American Growth: 105.89$
TD Entertainment and Communications: 119.02$
TD Dividend Growth: 201.39$
TD U.S. Mid-Cap Growth: 107.18$

Maritime Life International Equity Fund
(Templeton): 660.92$
Manulife Simplicity Growth Portfolio: 894.06$
Maritime Life CI Harbour Seg Fund: 1 013.07$
Maritime Life Fidelity True North Seg Fund: 996.10$
Maritime Life Trimark Europlus Seg Fund: 642.84$

Great-West – various: 1 751.69$

RBC Canadian Dividend Fund: 529.76$
RBC U.S. Mid-Cap Equity Fund C$: 1 851.25$
RBC Global Resources Fund: 1 039.24$
RBC O’Shaughnessy International Equity Fund:
658.55$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 139.82$

GIC Canadian Market: 1 000$

TOTAL: 31 042.91$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(84.82$):
113 039.97$

Tuesday, October 26, 2010

I am now at 112 498.17$

I finish work early tonight because I really wanted to update my portfolio. It hasn’t been updated since my last 2 investments in Bell Aliant Regional Communications Income Fund (BA.UN) and Davis + Henderson Income Fund (DHF.UN). Both investments had increase in value. For one of the first time ever, Davis + Henderson Income Fund (DHF.UN) had close the day a more than 20$ per unit!

Overall, I have very great result and it’s getting way too much exciting, especially now, knowing that starting November 4, 2010, I will be able to purchase stocks online at only 9.99$ per trade with TD Waterhouse! The only requirement is to have a minimum of 50 000$ within the broker account. And of course, on November 4, 2010, I will be celebrating the new 9.99$ price commission by placing an online trade! I plan to invest in 100 units of Enbridge Income Fund (ENF.UN). I am currently doing a max of hours at work. 100 new units of ENF.UN would be great, but 200, even better!

My dividend income is slowly adding up. I am now at the equivalent of 410$ per month in dividend income. I am just very thankful not to have any kind of heavy bills such as cable, cell phone etc. to pay. That allow me to concentrate my efforts on saving and all extra money made can go on paying debt and/or invest. That 112 498.17$ of mine is very awesome. But I want MORE. :0)
 

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