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Friday, December 3, 2010

I am now at 119 091.10$

This week is finally over. I work this weekend, but it could me my last weekend until mid-January. I am not very upset of being out of weekend work: you should see me, I look horrible. I am mentally and physically exhausted and I am missing my free time. Anyhow, I will be taking a break from that horrible lifestyle for the upcoming week. The everyday routine is so terribly exhausting, so usual, so BORING lol... But I am ready to stick to it because all of that money of mine is getting me rich and richer. Don’t you ever believe that I am earnings thousands and thousands of dollars every month; that’s not true. I had been working at 2 and sometime even 3 jobs to make this happen...

Thinking about buying US dollars with TD Waterhouse?

Nothing is easy but it definitively worth it, especially now that Derek Foster had published his newest book and his latest email newsletter... Seem like Derek Foster had a particular interest for our US friends. And yes, this is a terrific time for investors, especially if you are into currency investment! If, like me, you are with the Canadian online broker TD Waterhouse (which is the best online trading broker by the way), go open your online stock trading account now. Check under your “Balance” information, right at the bottom. You’ll see “USD Conversion rate” and next to it, you’ll find the following online currency exchange rate: 1.006. And this online currency exchange is HUGE.

What you had seen is right; we are almost at 1, which mean that parity US-Canadian dollars is almost here. Want to get a taste of what parity mean? Well, let say I have 600$ in Canadian currency that I want to invest in the US stock market. First, I will need to converse my Canadian dollars in US ones. Want to know how much 600$ Canadian dollars worth in US dollars? Simple, proceed that way: the amount in Canadian dollars/rate: 600$/1.006 = 596.42$ US! If you have money to invest, this is the perfect time to get your Canadian dollars converse into US ones. One of the best times ever. Great news isn’t? The only problem being to get cash now. This meaning that getting fresh cash at this time is definitively a problem for me.

Yeahh, I am now at 119 091.10$

Yesterday evening, I took time to update my stock investment portfolio. That thing of mine is now such of a monster! So diversify and sooooo long....... I calculate all of this manually. I could possibly do all of those calculations on a special sheet but part of the fun of updating my online investment portfolio and when it come informatics tool, I far from being the best. Anyhow, I put in all the money I currently have in my online savings store in my banks savings account etc and all together, it make the magical amount of 119 091.10$.

My non registered stock investment portfolio had done even better today, for a closing at 71 795.22$. That’s a profit of 340.10$ compare to yesterday. Those profits are partly coming from my silver trading in the Sprott Physical Silver Trust UTS (PHS.U) from Sprott Asset Management, which had close today session at a very awesome 12.30$. There’s not many units left of the Sprott Physical Silver Trust UTS (PHS.U), only 156 857, apparently. But before today session, it was even less, something around 50 000 if I remember. So I guess some investors might have cash in their profits. Good, but hold on because the way things are going, the Sprott Physical Silver Trust UTS (PHS.U) could reach soon the 15$ per unit. I can easily imagine that. I plan to stick and hold to the Sprott Physical Silver Trust for a very long time and I plan to sell only in case of need but even there, in case I need cash, I will sell my Bank of Nova Scotia (BNS) stocks first. Reason why? I don’t care about Bank of Nova Scotia since they had refused my RRSP loan last March. The only reason why I am not selling my BNS stock is because of the capital gain I will have to declare. Remember that I purchase 100 stocks of BNS when they were only at 44$ I could had done a better deal purchasing them at 27$ after the stock crash but I taught at that time – in 2008 – that purchasing Canadian bank stocks of Scotia Bank at 44$ was a pretty smart move. It was, but the move could have been better. This is just a proof that I am not a psychic. I am not able to read the future, but what I can say is that I am going to soon be holding some units of the public offering of the Horizons Gold Yield Fund (HGY.UN).

Looking forward to invest in the Horizons Gold Yield Fund (HGY.UN)

In a hurry, I call my TD Waterhouse online broker today, asking them how to invest in the Horizons Gold Yield Fund (HGY.UN). Gold just like silver, according to Eric Sprott, is the next best thing and there’s no way I am not going to invest in the Horizons Gold Yield Fund (HGY.UN).

When doing some search over the Internet about the public offering of Horizons Gold Yield Fund (HGY.UN), you may read at some places that the public offering of Horizons Gold Yield Fund (HGY.UN) is only being offered with Scotia iTrade of Scotia Bank among other. Actually, here’s a complete list: BMO Capital Markets, CIBC and National Bank Financial Inc., and includes RBC Capital Markets, Scotia Capital Inc., Canaccord Genuity Corporation, HSBC Securities (Canada) Inc., GMP Securities LP, Raymond James Ltd., Dundee Securities Corporation, Mackie Research Capital Corporation, Macquarie Private Wealth Inc., MGI Securities Inc., Rothenberg Capital Management Inc. and Wellington West Capital Markets Inc. Seem like someone had forgot to include TD Waterhouse, one of the best discount commodity brokers, in the list right. Well, we all make mistake...

But don’t ever worry; I have of good news for you! You can be part of the Horizons Gold Yield Fund (HGY.UN) offering if you have a minimum of 1 000$ to invest. But hurry up, because you have until December 17 to make your move (and find the cash... lol...). I would had been interesting at investing 400$ only. But I learn that the minimum was 1 000$... So what am I going to do now. Will I have to say good-bye to my first public offering?


Getting ready to open my first margin account

Hello margin! I wonder why I had wait so long before opening a margin account. I was pretty dumb because if I would have opened my margin before, I would have the margin account at a super low interest rate of 3.5%. Was it the exhaustion? The laziness? My only excuse, and it’s an easy one, was the lack of time. But my inaction had cost me a 1% in interest rate. Currently, TD Waterhouse margin account is set up at 4.75%. Still interesting for me knowing that I have a 5 000$ credit line with TD Canada Trust at 8.75% and a 10 000$ credit line with one of their competitor at something like 7.27%. So imagine the possibilities, all the money save in interest! The best of course, would be to be debt free, but I doubt this will ever happen, for many factors. But holding debt at less than 5% is something extremely interesting.

But nothing done yet, I still need to be approved but hey, did TD Waterhouse and/or TD Canada Trust ever refused something to me? The answer, for the fast majority is NO. And I could push it harder by saying that at some point, I am the TD QUEEN. Lol... Pretty hilarious isn’t...

There’s no way I will be able to find 1 000$ in fresh new cash to invest in the Horizons Gold Yield Fund (HGY.UN). My only solution is to use money coming from a margin... I would like to invest 2 000$ in the Horizons Gold Yield Fund (HGY.UN) using margin money and the rest available would be use to pay all the debt (at the exemption of my student loan) that I hold at an interest rate of higher than 4.75%. I am not even afraid to use all of the margin money available to pay off debt, but the vast majority of it will be use to pay off debt. Money need to be available in case the stock market crash again (and according to Eric Sprott, it could happen again), so better be ready. The Horizons Gold Yield Fund (HGY.UN) would be the only investment made using margin.

What I learn today about margin call

I ask the question to a stock broker of TD Waterhouse online broker day trading today: what if something happen and I get a margin call, what happen? Well, first you get a call from the credit department and after what; you have 3 days to pay off the margin. After 3 days, the credit department reserve the right to sell a portion of your portfolio to cover the margin. But this being only after 3 days. So basically, if you use margin to pay off debt only, your margin account use will be pretty safe. And especially more if, like me, you take a look at your online stock trading account every day, you won`t have to deal with any bad surprises. No one will come and sell your online investment portfolio on your behalf. That’s very interesting.

One of the reasons why I am getting so passionate about the Horizons Gold Yield Fund (HGY.UN) is that no matter what, TD Waterhouse can do whatever it takes to jump into the investment and also, acquiring units of Horizons Gold Yield Fund (HGY.UN) through this public offering is commission free trading! Which mean there’s no fee related to the acquisition of Horizons Gold Yield Fund (HGY.UN).

On top of that, you are sure of acquiring some Horizons Gold Yield Fund (HGY.UN) units before everyone else, which is pretty cool. And don’t forget the flat price of 10$ per unit. That’s very interesting too and knowing we are talking here about gold investment, you get a great deal for your money and you’re getting ready for very good profit. This is not, of course 100% sure, but takes a look at how much worth gold right now, if it’s what it needs to satisfy your concerns. Because me, I don’t have any concerns or doubts when it come to the Horizons Gold Yield Fund (HGY.UN). And it’s the same thing when it comes to the Sprott Canadian Equity Fund.

My investment in the Sprott Canadian Equity Fund close at 7 428.01$. A profit of 428.01$ within a couple of days. Try to find something better on the mutual funds market right now – you won’t find anything better. And forget about BMO Bank of Montreal mutual funds when it comes to aggressive growth mutual funds as well as BMO Bank of Montreal ETFs: they don’t worth half of Sprott Asset Management investment products.

My stock investment portfolio on date of December 2, 2010

1 967.50$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 3 600.10$
Timminco (TIM): 68$
Blue Note Mining (BNT): 60$
Bank of Nova Scotia (BNS): 5 774.79$
Hanwei Energy Services (HE): 87$
Methanex Corporation (MX): 3 166.22$
Fortis (FTS): 3 527.79$
Pembina Pipeline Corporation (PPL):
9 009$
Just Energy Income Fund (JE.UN): 10 979.57$
Yellow Media Inc. (YLO): 2 890.50$
Bell Aliant Regional Communications Income Fund
(BA.UN): 5 358.66$
Pengrowth Energy Trust (PGF.UN): 2 800.52$
Enbridge Income Fund (ENF.UN): 5 155.04$
Corby Distilleries Limited (CDL.A): 3 276.30$
Davis + Henderson Income Fund (DHF.UN):
3 979.80$
Premium Brands Holdings Corporation (PBH):
2 856$
EnCana Corporation (ECA): 5 718.45$
Sprott Physical Silver Trust UTS (PHS.U): 2 420$
iShares S&P/TSX Capped REIT Index (XRE):
Cash: 0.28$

TOTAL: 71 455.12$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 916.28$
The Consumers’ Waterheater Income Fund
(CWI.UN): 2 764.10$
Dumont Nickel Inc. (DNI): 301.88$
Cash: 3.27$

TOTAL: 5 985.53$

RSP investment portfolio:
Sprott Canadian Equity Fund: 7 336.18$
Claymore Gold Bullion ETF (CGL): 4 214.86$
EnCana Corporation (ECA): 2 845$
Emera Incorporated (EMA): 6 701.18$
Cash: 66.99$

CIBC Dividend Growth Fund: 547.78$
CIBC Emerging Markets Index Fund: 447.36$
CIBC Monthly Income Fund: 1 038.48$

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

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

TD Canadian Bond: 115.67$
TD Monthly Income: 108.93$
TD Emerging Markets: 90.62$
TD Energy: 90.69$
TD Precious Metals: 147.51$
TD Latin American Growth: 105.44$
TD Entertainment and Communications: 120.29$
TD Dividend Growth: 206.59$
TD U.S. Mid-Cap Growth: 113.04$

Maritime Life International Equity Fund
(Templeton): 641.91$
Manulife Simplicity Growth Portfolio: 905.09$
Maritime Life CI Harbour Seg Fund: 1 063.50$
Maritime Life Fidelity True North Seg Fund:
1 038.27$
Maritime Life Trimark Europlus Seg Fund: 644.05$

Great-West – various: 1 751.69$

RBC Canadian Dividend Fund: 541.70$
RBC U.S. Mid-Cap Equity Fund C$: 1971.90$
RBC Global Resources Fund: 1 143.95$
RBC O’Shaughnessy International Equity Fund: 643.88$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 194.25$

GIC Canadian Market: 1 000$

TOTAL: 39 489.74$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
119 091.10$

Thursday, December 2, 2010

Fabulous profit for the Sprott Canadian Equity Fund of Sprott Asset Management

Very good day for online stock market investing! I am close to the 95 000$ alone in my online broker day trading! My non registered stock investment portfolio is now at 71 343$ alone! Those are very great news. I just came to work. I would very like to publish an update of my online investment portfolio but I am just very exhausted at this time. I am looking forward to do extra hours at work and it’s requested all of my patience, but I am keep my mind set up on my next investment and it help me going. I don’t know for sure what my next investment will be like.

I didn’t find out about Horizons Gold Trust yet as I had been quite busy. But great news, my Sprott Canadian Equity Fund from Sprott Asset Management is now from my retirement savings. My investment had jump from a 7 040$ to 7 323.23$ in just one day. I had been so terribly lucky because if I would have waited to do the transfer, I would have needed to pay taxes on capital gains on a 283$ profit... Lucky girl... The timing was just so perfect. As an online commodity broker, TD Waterhouse had been very good to me, transferring from the tax free saving account to Canadian non registered account and again from the Canadian non registered account to RRSP... Within 2 days... Way to go TD Waterhouse. Pushing it right to the top with my online broker day trading TD Waterhouse.

Tuesday, November 30, 2010

Eric Sprott talks about silver investment to the Globe and Mail readers

Have you ever dream of being able to copy Eric Sprott personal online stock trading account? Well, it’s now possible! In a recent interview giving to the Globe and Mail, Eric Sprott said a couple of shocking revelations to Shirley Won. First one being that Eric Sprott does not believe in the growth of the developed countries like China, for example and other less economically developed countries. I thing that’s a pretty awful thing to say but Eric Sprott is the man he is. Let’s all forget about even the hope of having a better place to live on Earth because hey, it’s not going to happen. Did you know? Anyhow, less tragically, Eric Sprott of the Sprott Asset Management talk about a vague possibility, gold futures prices could reach 5 000$ but he doesn’t know when. Ok... What else?

Well, you want to know what hold the genius Eric Sprott in his very own stock investment portfolio as you already know what I hold myself in mine lol...? Hear it in Eric Sprott very own words: “I only own funds and gold and silver. I am probably 90 per cent in precious metals personally. And I don’t lose sleep over it.”

Ok, maybe Eric Sprott sleeps well at night on gold and silver only online broker day trading portfolio but I personally couldn’t. But should we all be doing like Eric Sprott (knowing who’s the guy is), hold only exclusively gold and silver? Maybe Derek Foster was right after all; maybe selling his stock investment portfolio was the right thing do to (back in the time). Because don’t think that the economic situation is getting better out there (you really have to read the interview!!).

Investing is very personal. But knowing the opinion of Eric Sprott can certainly help at taking decisions. Don’t you think so? Just to have a more open perspective. After gold, Eric Sprott think that silver will be the next big thing. So be cash ready and invest in the Sprott Physical Silver Trust UTS (PHS.U).

Why the Sprott Physical Silver Trust UTS (PHS.U) for silver investment?

Well, earlier in November, I had invested in 200 units of the Sprott Physical Silver Trust UTS (PHS.U) at 10.73$ per unit. Since that time, the highest ever reach by the trust is 12.14$... and this happen today! During the day of November 30, the Sprott Physical Silver Trust UTS (PHS.U) had reached 12.14$ per unit. If I would had sold my units, I will have made a profit of more than 200$, and this being made within a few weeks! That's how to get rich - very extremely easily.

I had been following the Sprott Physical Silver Trust UTS (PHS.U) since its opening and I had been amazed by the power of the investment. It was my idea to invest more in the trust as next investment, but I decide to invest in the iShares S&P/TSX Capped REIT Index (XRE) instead.

For 2011, I have 12 000$ I can invest in my TFSA. Increasing the number of units I hold of the Sprott Physical Silver Trust UTS (PHS.U) could be a good way to BOOST (I really like that word) my profit. Nice project, but investing in the Sprott Physical Silver Trust UTS (PHS.U) won’t provide me any dividend and... I am the Dividend Girl... lol... Me without dividend is not me.

I also hold gold with my investment in the Claymore Gold Bullion ETF (CGL). Just like the Sprott Physical Silver Trust UTS (PHS.U), the Claymore Gold Bullion ETF (CGL) does not pay any dividend. So what’s going to happen now?

Well, surprise....... Horizons recently launch a new gold trust. And the investment will pay some dividend. The investment product is name the Horizons Gold Yield Fund (HGY.UN).

More about the Horizons Gold Yield Fund (HGY.UN) for gold investment

Looking for gold commodity? The Horizons Gold Yield Fund offers a direct exposure to gold investment. As for now, until mid-December 2010, the Horizons Gold Yield Fund (HGY.UN) is under the initial public offering of class A units. The Horizons Gold Yield Fund will provide a tax-efficient monthly distribution of $0.65 per annum to yield 6.5% on the issue price of $10.00.

I do not exactly what mean initial public offering exactly mean but what I do know for sure is that the Horizons Gold Yield Fund seems to be one of those great investments! So how can you invest in the Horizons Gold Yield Fund (HGY.UN)? It’s not listed on the TSX market yet, it’s not anywhere...

Dring dring... hello my online commodity broker TD Waterhouse can you please help me? As one of the cheapest online trading, someone out there from TD Waterhouse will be able to help me.

A good day for iShares S&P/TSX Capped REIT Index (XRE)

...for the simple and good reason that on today, for the first time ever, I had purchase my first iShares units! I decide to invest in the iShares S&P/TSX Capped REIT Index (XRE) for several reasons. Previously, I wrote that I wanted to BOOST my profit with this new investment but it’s not exactly the reason why I decide to invest in the iShares S&P/TSX Capped REIT Index (XRE).

One of the reason will be in reason of the little sum of money that I had available to invest at this time. I decide to invest not more than 750$. I have my rent and other expenses to pay that are coming soon (already December 1th tomorrow!!), but I really wanted to invest one last time for November 2010. I probably won’t have any money to invest for December, but that doesn’t really matter because I have a major project on the way for December! (We’ll talk about it a bit later).

With 750$, I wasn’t seeing myself investing in stocks. I like to invest by tranche of 100. And to tell the true, at this time, it’s seemed to me like I have enough of stocks. I wanted to invest in a financial product that would already be diversified in itself – but not a mutual fund. And an ETF appears to be a perfect fit for my investment needs of the time. On top of that, it will bring a little – but how much appreciate – dividend in the house (39.0096$ per year or, if you prefer 3.2508$ per month..)

When it come to investment, a part of me want the quick gains, but another part and that will be the most major one, is looking for gains, but also security. I guess a mix of holding between stocks, ETFs and mutual funds can bring some kind of a security. At this point, my investment portfolio could be seen as being very disorganized, a messy mess of holdings but at this point of the journey, the only thing that help me going and make me feel in peace and secure with my investment is having everything very very diversify. Maybe I am getting an overdose of diversification but as a small investor, I feel important to keep the way I always handle things. And I was quite happy to be able to add some iShares S&P/TSX Capped REIT Index (XRE) units in my portfolio. The most important I think is to do the way you feel it. When investing, you shouldn’t be looking exclusively to invest in top dividend payers, top mutual funds, and top performers only. You can if you want, but play on the secure side, mix, diversify and you won’t experiment major loses, but a slow and steady shade of grow. Derek Foster had been very great at showing me that.

Rain... but it should be snow

It’s raining this evening in Montreal and I forget my umbrella at home. I am carrying my mini laptop in my shoulder bag. I just did 7 hours today at work. I had done so many things today that those 7 working hours appear to be much more than just 7 hours. And if I would have been working my regular shift, I would only have work 5 hours because my regular shifts are only 6 hours, and a have a 30 minutes lunch pause... And you can trust me, I wouldn’t like to be schedule more hours because this part-time schedule provides me complete freedom. Anyhow, enough talking for nothing... let’s talk about my favourite topic: dividend!

Dividend dividend dividend!

Today, I had received 2 dividend payments:
David + Henderson Income Fund (DHF.UN): 30.66$
The Consumers’ Waterheater Income Fund (CWI.UN): 22.62$

I almost reach the 400$ in dividend earning for the month of November. Of course, when it comes to dividend, the more you earn, the better it is. First, from the DRIP. Make your dividend roll over and provide you extra stocks and units so when it comes to finally “stop working”, you will more than the minimum you need to live on.

So far, without including in the count the dividend earns inside the RRSP, I currently reach the equivalent of 4 918.63$ in yearly dividend earning (or the equivalent of 409$ per month if you prefer). For 2011, I would like to reach the 500$ per month in dividend income and ultimately, if I can move forward and search for a third job... hit the 600$ per month in dividend. Of course, in my case, the ultimate goal is to STOP WORKING to eventually blog ALL DAY LONG and do NOTHING AT ALL. Sound nice isn’t?

My 2010 RRSP contribution? DONE

Yep! Done and completed! I had been lucky, the transfer of my Sprott Canadian Equity Fund from the TFSA to the Canadian non registered had been done within a day thanks to my online broker TD Waterhouse. Today, I just have to call TD Waterhouse again and request the transfer from non registered to RRSP... I was very glade because I had a contribution of over 7 000$ to do for my RRSP. I took care of this before the end of 2010 and I am glad I did because I have other things to take care of... And here’s coming the most exciting part:

Upcoming project for December

I talk previously about this one many many times before, but I promise, it’s now coming: MARGIN! I plan to open a margin account despite warnings and concerns I received regarding margin. I hold more than 20 000$ of my debt with TD Canada Trust. The plan is the following: open a margin account with TD Waterhouse and use partly the margin money to pay off if not all, part of the debt I hold with TD Canada Trust... I won’t use the margin to invest, just to pay off debt that are currently at a high interest rate. An example? My 5 000$ TD credit line at an interest rate of 8.75% which is, currently, almost FULL. In other words, TD Canada Trust is not giving me other choice than to open a margin account with their associates, TD Waterhouse. I will give it a try and we’ll see what happen. That Dividend Lover is a genius (he’s the one who provide me the advice).

Welcome to iShares S&P/TSX Capped REIT Index (XRE), 54 units of XRE in my in my online future trading brokerage!

I just purchase 54 units of iShares S&P/TSX Capped REIT Index (XRE) at 13.50$ per unit. This will increase my dividend income of about 3$ per month... And talking dividend, I just received 30.66$ in dividend from David + Henderson Income Fund (DHF.UN) inside my online future trading brokerage.

Monday, November 29, 2010

My Sprott Canadian Equity Fund now from my non registered account

I guess that my post about transferring money from the TFSA to RRSP wasn’t clear enough. I will have to work on a more detail and maybe more clear post later on lol. As for now, my Sprott Canadian Equity Fund investment is already in my Canadian non registered account! Which mean that tomorrow morning, I will be calling again TD Waterhouse and proceed with the transfer of the Sprott Canadian Equity Fund into RRSP.

This is just the perfect transfer as my maximum contribution for 2010 RRSP is of just a bit more than 7 000$. Maybe I can just add to this that since the transfer from the TFSA into non registered Canadian account had been done so quickly by TD Waterhouse, I won’t have probably capital gain taxes to declare. In 2 days, the market won’t move too much.

Also, for my 2011 TFSA contribution, I will have a new 5 000$ to invest + the amount of the withdraw of the Sprott Canadian Equity Fund. Which make 12 000$. So basically, all new investment of 2011 could be made inside the TFSA.

I am getting ready for my tomorrow trade: 700$ or so that I want to invest into the iShares S&P/TSX Capped REIT Index (XRE). This will probably be my last trade of 2010.

What you need to know about TFSA to RRSP transfer type

Ok, so I call my online broker, TD Waterhouse this morning. The transfer from TFSA to RRSP is possible, but not exactly like it was plan. First, the investment I hold in the Sprott Canadian Equity Fund into the TFSA need to be transfer into the Canadian non registered before it can be transfer into RRSP. I am winning on this no matter what. But I will continue my explanation on this later on this evening. Chow.

Sunday, November 28, 2010

First real winter snow this weekend in Montreal

Now that I have an iPod, it’s easier than ever to just snap a picture on the go. This Saturday, I wake up to go to work... and surprise, there was snow. It had snow in the early morning. I wasn’t expecting snow but it come. The weather wasn’t cold at all and if I wouldn’t be working, I would probably have spent the day outside. Here’s some pictures taking of the first official Montreal winter snow!

Incorporate ETFs into a Stop working strategy: a good or bad thing?

Playing with stocks is fun, but when it come to investing, you're better to find different ways to diversify your investment portfolio. That's my point of view. But did you know, there are many ETFs out there that are paying a generous dividend yield. The top ETFs players seem to be located in the US.

The top US ETF dividend payer: the iShares FTSA NAREIT Mortgage Plus Capped Idx FD (REM)

Among other, we find the iShares FTSA NAREIT Mortgage Plus Capped Idx FD, NYSE, ticket symbol: REM. The iShares FTSA NAREIT Mortgage Plus Capped Idx FD has a management fee of only 0.48%. The dividend yield is at 10.41%, which represent at this time 1.56$ per unit. The iShares FTSA NAREIT Mortgage Plus Capped Idx FD has a 4 stars (on 5) ranking at Morningstar. The units had closed this last Friday below 15$. Interesting, but this one is in US dollars.

Currently, I have a 600$ left in pennies lol that I am looking forward to invest before the end of November. And for this upcoming investment, I want to invest into something new. 600$ is not that much money. I cannot really afford an exchange of currencies. changing my 600$ Canadian dollars into US dollars would make me loose between 60$ and 80$. It doesn't really worth it.

The top Canadian ETF dividend payer: the Claymore Canadian Financial Monthly Income (FIE.A)

The only ETF in Canadian dollars that I find interesting, and figure among the highest ETFs dividend payers is the Claymore Canadian Financial Monthly Income ETF, ticket symbol FIE.A. This one trade on the TSX.

The Claymore Canadian Financial Monthly Income ETF is interesting and it could be a good investment to hold in a stop working strategy (of Derek Foster) investment portfolio. The dividend yield of the Claymore Canadian Financial Monthly Income ETF is of 7.09%. Morningstar had rate the Claymore Canadian Financial Monthly Income ETF 1 star only. The reason of the low rating could partly come from the high management fee for an ETF. The actual management fee of the Claymore Canadian Financial Monthly Income is of 1.40%. Good, but I currently hold investments that are better than that. Which mean that my search continues... In my search for a new investment, I want something that will BOOST that 600$ right to the top!

A solution could be the iShares S&P/TSX Capped REIT Index (XRE)

The iShares S&P/TSX Capped REIT Index (XRE) arrived second on a 5 year return with 9.20%, following the iShares S&P TSX Global Gold Index Fund (XGD) with a 13.67% return. I could have chosen to invest in the iShares S&P TSX Global Gold Index Fund (XGD), but I already have gold in my portfolio. Remember that I hold the Claymore Gold Bullion ETF (CGL) in my RRSP portfolio...

The iShares S&P/TSX Capped REIT Index (XRE) has a dividend yield of 5.29% and the actual management fee is of 0.55%. The iShares S&P/TSX Capped REIT Index (XRE) had been rated 4 stars (on 5) for quite some time now.

Conclusion: the iShares S&P/TSX Capped REIT Index (XRE) could be a good investment idea to diversify my existing investment portfolio. I currently don't hold any investment in the real estate area.

Bonus: diversification + dividend.

Thank you

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