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?

NO. OF COURSE NOT.

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

Savings:
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):
727.38$
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):
503.46$
Natural Resources Term Savings (Indexed term savings):
502.06$

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
(153.21$):
119 091.10$

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.

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.

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.

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.

The contribution in kind at its best: from the TFSA to a RRSP 2010 contribution

I now got it! I finally purchase the mini laptop that I wanted for so long now. I purchase a small 10’1 Acer laptop at The Source. I purchase the 250 GB model, 1 GB of memory. This is more than enough to cover my basic needs. The laptop came with a free anti-virus valid for one year. I just have to send a mail coupon and I should get my 70$ back. I should also get a 50$ credit the same way for the laptop. The price they had advertised is not exactly correct because they make you work through mail coupons, which is very annoying I find. Anyhow, I am happy to be back online! From now on, I will be able to basically work online from anywhere I want. The mini laptop is compact and very light. It can easily be carried everywhere without too much trouble. I would like to purchase a mouse and a case for it.

Investment news

My investment portfolio had done quite well lately. For a little while, my non registered portfolio was exceeding the 71 000$! It’s not below 71 000$, but I am still exceeding the 70 000$.

There’s still overtime available at my job. I could have done more hours today, but I really wanted to “get out of there”. Anyhow, I left after doing close to 2 hours overtime and left. I should take a maximum advantage of the fact that I have overtime available and do the maximum hours I can, but this can be dangerous. I wouldn’t like to reach the point to burn myself. I saw one of my good colleagues leaving without knowing too much what he will be doing next. Money didn’t seem a problem to him, but I told him anyway that I wouldn’t like to see him leaving without having a backup plan, like without having another job, etc... But he left, seem to be in peace and happy. I was happy for him, but seeing leaving was like seeing a part of me stuck in the steadiness of live.

What’s up?

At this point, I do not have really specific plan on what I will be doing but I have a couple of projects I want to work on. They are:

My online projects

My online work is going well. I reach the 150$ in online earning for this month. 150$ is not a lot of money, but knowing how difficult it is to earn money online (at least it is for me lol), I am just amaze by the amount. This means an extra 150$ I will earn for December. I see my online work as a hobby, but if I had been able to earn 150$, I am able to earn hundreds of dollars more. Don’t you think so?

I would like to create a great mix of income from my jobs, my investments and my online work. It could seem simple at first but in my situation, nothing come easily – expect money. Why am I saying so? Well, you could be surprise, but I could make a 600$ investment by the end of November, despite what I taught previously. And I have to say, I am very tempt to do so!

My investment projects

I know this is really not the RRSP season, but I had begun to think about my 2010 RSP contribution. For a change, why not to think in advance? I have this great investment portfolio which perform well. I have more than 70 000$ in my non registered portfolio. For 2010, I can contribute somewhere over to 7 000$ for my RRSP. It doesn’t look like it right now, but RRSP season is not far away. And yes, the thought of RRSP contribution is just stuck in my mind, just like margin – but that’s another story. No way I am going to be able to find 7 000$ in fresh new cash to invest, even if I have until March 2011 to make my move.

A contribution in kind to a RRSP broker account can be costly! (Because of the taxes!!!)

I hold all of my savings in investments of all kind. You can have a taste of it under “My investment portfolio” page. In 2010, all the newest investment I made had performed quite well. If I decide to take some of the investments I hold and transfer them into RRSP – this meaning a contribution in kind to a RRSP – I will have to pay taxes on capital gain (because most of the investments I hold have perform well).

When it comes to a contribution in kind to a RRSP, there’s a way to be free of taxes, free of capital gain: by using investments hold in the TFSA. Yep, that brilliant idea came to me just like in a dream. What about transferring investment hold in a TFSA to a RRSP account? Would I have to pay some capital gain taxes on such transfer? Well, I call my online broker, you know the guy, TD Waterhouse of course and I ask them the following question: Will I have taxes to pay on a contribution in kind made from a TFSA to a RRSP? The answer: No, that’s the purpose of a TFSA, its tax free!

That’s specifically for those kinds of answers I am getting from TD Waterhouse brokers that I am sticking to TD! I LOVE TD WATERHOUSE. I love their way of explaining things to me you know. I love the TD way.

Anyhow, no matter how good is TD Waterhouse, I was thinking about transferring the 7 000$ I hold in my TFSA under the Sprott Canadian Equity Fund into RRSP before the end of 2010. Why?

Well, remember that with the TFSA, when you withdraw money, you are authorized to contribute the same amount you withdraw to your TFSA contribution of the year AFTER...

Ok, I know, I know, none of this is very easy, but it’s not complicated either.

We will go with this easy example, my very own, by example:

I currently hold, let’s say roughly, a 7 000$ into a TFSA invested in the Sprott Canadian Equity Fund. Easy right? Ok, and I have, for 2010, 7 000$ I can invest into RRSP in order to benefit from a tax break. Perfect! No problem. In order to make that 7 000$ RRSP contribution, I simply need to do a contribution in kind and the money will come the transfer from a TFSA status to a RRSP status for my investment hold in the Sprott Canadian Equity Fund. Isn’t that fantastic? But wait, because I am not done yet!

For 2011, it’s not simply a 5 000$ that I will be able to invest into my TFSA, but 5 000$ + 7 000$, for a total of 12 000$! But in order to do so, I need to do my 2010 RRSP contribution before the ending of 2010. Simple and easy.

Of course, you understand that all the point mentions above result of my own dreaming and you SHOULD do your own homework in order to avoid any disturbing financial situation. Thank you. ;0)

Emera awesome dividend!

I am writing this post from my iPod... I am out of laptop. I do not have computer problems on a regular basis, but now, things are pretty bad. I had problems since Sunday night, when I got the good idea to delete some programs of my computer to free some space. I might had delete something I shouldn't because even with an Internet connexion, I cannot access the Internet.. Lol!!!! It's just so hilarious in some way. I spot a mini laptop that I wanted for a long time. I might get it tomorrow morning, depending of my mood. My dividend income are doing well. I received 66.30$ from Emera and 48.34$ from Bell Aliant! I like my iPod, but writing on it on a long term basis is giving me a headache. Seem like overtime is over at work, I should be able to concentrate a bit more on my portfolio and my online stuff.

Sprott Physical Silver Trust UTS (PHS.U) perform well on the stock market

Today was quite a busy day as I manage to pay my credit lines and other credit cards payments early in the morning. The only bank that was open was TD Canada Trust. So I went there to pay my credit line. After what, I went to RBC Royal Bank. I guess they open at 9:00AM or something like it. After what, I wanted to pay my BMO Bank of Montreal line of credit… but the bank was close. BMO Bank of Montreal only opens at 10:00AM! TD Canada Trust is so much better – they open at 8AM! I find TD Canada Trust so great! This is a bank who had understood what workers like you and me need: early morning banking services! With BMO Bank of Montreal, the banking services are weak and old fashion: their branches open in the middle of the morning and close in the middle of the day… TD Canada Trust is the number 1 bank in Canada. Period.

Anyhow, while waiting for the BMO Bank of Montreal St-Catherine branch to open, I decided to stop by the Second Cup to buy a coffee (my favorite by the way) and try the WiFi on my iPod. It works great! I was able to follow my stocks, read the news… That iPod is very great and I will soon be looking at downloading a few games and application. I was a complete Apple illiterate before but now that I have my iPod, I find Apple very amazing. I knew of course Apple and the iPod before but I never taught it was actually that great. So go get yours!

I had the chance to order mine for free using rewards points from work. I am looking forward to get the iPad and, if possible, it will be in a close future. I just wonder if the price of the iPad will drop on Boxing Day. But I doubt. Anyhow, it’s something I will look for. The deal with for 3G connection with Rogers Communication for the iPad is very good. If I am not mistaking, I saw advertise 35$ per month for 5 Go! WOW! As you can see, I got really deep interested in the Apple stuff now.

Many things had been going on lately and I would just like to have more time to do everything I want. Currently, I had received 14.77$ in dividend from Pengrowth Energy Trust (PGF.UN). My non registered portfolio had finished the day at a good 70 219$. Nothing to compare to the good results of November 8, but still. Whenever exceeding the 70k is good enough for me!

My investment in the Sprott Physical Silver Trust UTS (PHS.U) is performing VERY well!!! Remember that earlier this month, I invested in 200 units of Sprott Physical Silver Trust UTS (PHS.U) at 10.73$? Well, the same units now worth 11.17$ each now.

I calculated that I should have enough cash by the beginning of December to invest in 100 other units of Sprott Physical Silver Trust UTS (PHS.U). That’s a good news isn’t?

I am now a new iPod owner!

I got my iPod 8GB! (The same one as advertise right over there!) It wasn’t easy to set it up. But that’s only because of me – my computer hard drivers are over loaded. I get rid of some programs I didn’t use for quite some time. And than it finally started to work! I got this iPod for free at work. The only thing I will be looking to buy is a case for it. The iPod do not come with a charger – its charge itself within 10 minutes on a computer. But a charger can be purchase separately.

I took a picture of myself with it and than I realize how that my hair look… strange (and I am desperately in need of a hair cut too!!). I can see 2 different colors in my hair: the great red coloration and my roots (my natural color). For now, I got tired of dying my hair so I decide not to color my hair anymore but such decision had a direct effect on myself, in the sense that I don’t like my hair right now and I prefer not to look to closely at the picture… It won’t be post here. I delete it. Just to conclude on this word: getting rid of an hair coloration is not an easy thing.

I wasn’t able to use the Wifi of my new iPod but I am going to bring it with be tomorrow and try to use it downtown Montreal to see I it actually work. I will also take pictures… Just can’t wait!

Things are going to be a bit rough for another investment this month. I am still waiting for my paycheck – I should get it by midnight or so. Problem being that after this pay, I will be receiving another one but… the problem being that I need to have enough to pay my December rent. So I prefer to wait next month before placing another investment.

And talking about investment, the iPod touch has a functionality allowing user to check the stock market. You can enter first your tickets, and within the power of a touch, check how well – or how bad lol… – your investments are doing. But to do this, the Wifi need to be working… I wasn’t able to set my tickets yet but I will be looking forward to do that tomorrow. I guess the best is to go with an iPhone because there’s no Wifi everywhere but I have to say, being disconnected sometimes from the stock market cannot hurt. And especially now knowing I have so much to pay for…

Take a look for yourself. Here’re the ugly bills:
-6.36$ on a Visa (I guess this was a little left over when I proceed with my latest credit card balance transfer).
-100.12$ on one of my credit line
-59.49$ on another Visa
-63$ on another credit line
-107$ on another credit line
-103$ on another credit line

…lol

And not to forget my rent… 555$ (but all included)…

No, there will be no upcoming investment for the month of November! What was I thinking? :0)))))

More of the Sprott Physical Silver Trust (PHS.U) in my investment portfolio

I am getting tired of working during the weekend. But the effort worth it, as I probably be able to invest 1 000$ later on this week in the Sprott Physical Silver Trust (PHS.U)! I am very happy about it because I find that the Sprott Physical Silver Trust (PHS.U) bring what was missing in my investment portfolio: something strong and powerful. A good silver investment like the one offer by the Sprott Physical Silver Trust (PHS.U) was missing in my non registered portfolio. I had gold in my RRSP portfolio, but no trace of silver or gold in my non registered portfolio until… recently… And now, I am getting ready to welcome some brand new units of the Sprott Physical Silver Trust (PHS.U) in the everything! YEAHHH!!

Quiet weekend, but I change my routine: I took care of the cleaning and the grocery shopping on Saturday evening instead of the regular Sunday evening. I find it better, because on Sunday, I finish work later and also, this allows me to take a rest on Sunday evening, before starting all over again on Monday… By doing this, I am also trying to wake up earlier on Monday morning. Starting Monday, I will try to my overtime in the morning instead of the evening. While doing overtime hours in the evening, I sometime finish work very late and it’s doesn’t give me too much time to do other things during the day. But I now want to change my routine to be able to leave work earlier and work on my HubPages articles and blog among other, as my online profits are slowly growing and I really need new winter boots, among other things.

This weekend, I received in my TD Waterhouse broker account some good dividend payment from Pembina Pipeline Corporation (PPL) and Yellow Media Inc. (YLO):

Pembina Pipeline Corporation (PPL): 55.51$
Yellow Media Inc. (YLO): 31.01$

Not bad at all. Don’t you think so? But get ready for even better stuff because with the new units of Sprott Physical Silver Trust (PHS.U) I am going to add to my portfolio this week, the profits are going to be great! So get ready!

I got pretty shocking comment made under my review of The Idiot Millionaire of Derek Foster. People can get absolutely nuts when it come to money. Don’t you ever be surprise to hear pretty heavy stupid dumb comments when it comes to Derek Foster. This being said, the guy is a genius. I am going to make it very clear: Derek Foster books are what help me to become wealthier financially. I am not at a point where I am going to leave the workplace anytime soon but….. I find my portfolio growing stronger and stronger. But this is nothing. The best is to come.

Great gains coming ahead for the Sprott Inc. (SII)

My first ever stock purchase was 500 stocks of Sprott Inc. (SII) that I purchase, back in 2008 just before the stock market crash, at around 10$ per unit. Since that time, I had experiment the volatility of the market with Sprott Inc… I saw the stock price decreasing from 10$ to less than 4$... For quite sometime, Sprott Inc. stock remain under 5$. I never taught it was going to hit the old 10$ until… just recently. Why? Well, according to Tim Kiladze from the Globe & Mail, we own those recent gains to the launch of the Sprott Physical Gold Trust and the Sprott Physical Silver Trust.

Not too long ago, I invested in 200 units of the Sprott Physical Silver Trust (PHS.U). Gold and silver investments are both great ways to protect an investment portfolio from the volatility of the stock market. And some other investors might think the same way because the Sprott Physical Gold Trust and the Sprott Physical Silver Trust are 2 investment products who are having a real huge success right now.

If you want, you can invest in gold and silver the old fashion way, by buying certificates. But investing in product such are the Sprott Physical Gold Trust and the Sprott Physical Silver Trust is the easiest way to go: you can buy and sell whenever you want, as long as the stock market is open.

So far, I have a very good experience with the Sprott Physical Silver Trust (PHS.U). In one day, if I would have sold my units, I would have made a profit of more than 100$. I don’t plan to sell anything soon, but the possibility of making money is there. The Sprott Physical Gold Trust had been out there since a couple of months, but the Sprott Physical Silver Trust (PHS.U) had been offered since end of October 2010 only. This mean that the price of the Sprott Physical Silver Trust units is still low for now… but it won’t be the case forever. I saw the Sprott Physical Silver gaining 5% on one day only! My first purchase of Sprott Physical Silver Trust was made at 10.73$ per unit. I wish to make another investment in the Sprott Physical Silver Trust by next month.

At now 9.99$ per trade with TD Waterhouse, I will probably make an investment once per month, despite the low amount investing. Remember: diversification is your best friend when it comes to investing. Go out there, invest in the Sprott Physical Silver Trust and the Sprott Physical Gold Trust and make my Sprott Inc. (SII) gain the old 10$ per stock… PLEASE!!! :o)

My review of Derek Foster latest book: The Idiot Millionaire

It wasn’t at the Montreal Chapters yet, so I order Derek Foster latest book online through his Web site last weekend. I am in Montreal, and I received the book on the following Wednesday. It took me a short 3 business days before being able to read the one and only useful financial book! I keep talking about Derek Foster over and over again on my blog but it’s for a good reason: Derek Foster books are what had made my profit EXPLODE! If it wouldn’t be of Derek Foster, I would still be investing in mutual funds – but mutual funds only. Would be surprise by the amount of people who had send me emails saying that Derek Foster books also help them in their financial journey.

Anyhow, this time, I am mentioning “the” name, Derek Foster, because I finish the reading of Derek Foster The Idiot Millionaire.

What’s Derek Foster The Idiot Millionaire book is about?

Well, The Idiot Millionaire is a nice continuation of Derek Foster first book Stop Working: Here’s how you can! If you a fan of the Stop Working or even if you are not aware of Derek Foster work, you can easily begin by reading The Idiot Millionaire, you won’t get lost. And actually, The Idiot Millionaire is even better because for the first time ever, Derek Foster provides the symbol ticket of the companies is taking about (because before, Derek Foster was not provided the ticket and I had to do my own search to find the ticket symbol!).

Because yes, just like in his previous books, Derek Foster provide an update version of his very own investment portfolio (very precious and valuable information!!). Also, Derek Foster propose a series of individual US and Canadian stocks for perfect, not to say “idiot”, but for people like me – and maybe like yourself who’s reading this blog right now – who are complete stranger to the stock market.

2010 mark by second year investing in the stock market and yes, even after a short but intense 2 year trading period, I still consider myself a complete idiot of the stock market. Being not sure about everything keeps me in a secure position where I can, as an “idiot” wanna be millionaire, react to anything that I wasn’t expecting – a laid off from BMO Bank of Montreal, of a 2 000 points loses from the TSX. The idiot attitude is actually the best attitude to have while investing because in the past couple of years, many events (like the 2008 market crash) had proof that even experts can be idiots. And we can certainly name here Henri-Paul Rousseau. Another stupid Quebeckers, just like my late fellow of BMO Bank of Montreal (BMO). When it come to finance, Quebeckers had no skills. Why? Because they have that super arrogant attitude toward everything. Quebeckers don’t have the “idiot” attitude and that’s why they are falling in everything they do and that’s exactly why they will keep falling. But that’s something else, isn’t

Ok, so here I am coming – back in 2008, Henri-Paul Rousseau was the president and chief executive officer of the Caisse de dépôt et placement du Québec. Actually, Henri-Paul Rousseau had been the president and chief executive officer of the Caisse de dépôt et placement du Québec for the period of 2002-2008. In 2008, following the bad management of Henri-Paul Rousseau and the heavy stock crash, the Caisse de dépôt et placement du Québec had lost more than 40 billion of dollars! Despite heavy losses, no criminal accusations had been put against Henri-Paul Rousseau. At the time of the events, Jean Charest was prime minister of Quebec – yes, the same one who had used his political power to name a few of his friends in important governmental position. The one and only Jean Charest, the one who fail to buy New Brunswick Energy Power.

In his fabulous The Idiot Millionaire, Derek Foster had made what I will consider – only from my personal point of view of course – a huge mistake. At page 51 of The Idiot Millionaire, Derek Foster name Power Financial (PWF) as a potential investment. Investing in Power Financial (PWF) would be a huge mistake! Please be aware that after leaving the Caisse de dépôt et placement du Québec in a rush in 2008, Henri-Paul Rousseau had been hired at the Power Financial (PWF) as a Vice-Chairman! Can you believe? This is the same guy who makes Quebeckers loose millions of dollars!

Power Financial (PWF) had that very conservative way to manage their business. They have a profitable business, but that’s only because the company is a major stockholder of other companies like Manuvie who currently are not doing well at all on the stock market right now.

I really appreciate Derek Foster work, but you definitively need to do your part of the search before investing! But don’t you ever worry, I am here to help you. I am going to show you “how you can” like a real New Brunswicker (because I am a real one).

Me and my debt: how about a margin account with TD Waterhouse?

Here it is, the update you were all waiting for… lol… The “debt situation” update for November 2010! I finish work early today and I am glad I did because tomorrow, some construction is being done in the area and they will be cutting the water at 9am… I usually wake up at 9:30-9:45am to take a shower… Just very glad I actually saw the notice. I sometime skip the morning shower, but never more than 2 mornings in the row…But do you really need more details on my personal hygiene?

As I previously said, I am at 45$k in debt, more exactly 45382.49$. Fact is, I don’t update my debt situation on a regular basis. What I prefer to update is, of course, my investment portfolio.

I hold 45 382.49$ in debt, and my investment portfolio is at 116 389.70$:

116 389.70$ - 45 382.49$ = 71 007.21$

My net worth is at 71 007.21$, which I find good. Not to forget also my dividend income, that is now at more than 5 000$. Nothing to compare to the Dividend Lover, but still…

For me, this overall scheme work quite well, in the sense that I can feel a balance between the debt and the investment. The 10 000$ is my latest credit line at RBC Royal Bank at an interest of 7.27%. At this point of the journey, I am looking forward to find a way to decrease, not my debt level, but the interest gain on the debt.

This was a suggestion made by the Dividend Lover himself a little while ago: to use margin money with TD Waterhouse to pay off debt. I keep thinking about this one over and over again and the plan could work. Here’s the deal: set up a margin account, use the margin money to pay off debt. In this case, I would start small. I would like to begin with a 5 000$ (or less, depending the amount available on the margin) to pay off my 5 000$ TD credit line at 8.75%. 8.75% is quite a huge interest rate. In case of a margin call, I would just reverse the money from the TD Canada Trust credit line to the TD Waterhouse margin account… In order words, the margin account would be used to pay off debt, and not to invest. I find this trick quite interesting. So far, what had stop me from opening a margin account is the responsibility of having to access my online broker account every single night in order to verify if I am on margin call terrify me. But now that fear is less because I told myself: I look into my broker account every single night of the week anyway. So looking into my stocks and dividend or checking if I am on a margin call or not – there’s no difference!

Margin borrowing is definitively something I am looking into to decrease the interest rate of some of my debt. So stay tune!

My debt situation in date of November 9, 2010

9 671.43$ at 4.75% (RSP credit line) = 459.39$ in annual interest
4 900$ at 4% (credit line) = 196$ in annual interest
7 957.05$ at 4.9% ending in April 2011 = 389.90$ in annual interest
4 911$ at 8.75% (credit line) = 429.71$ in annual interest
7 943.01$ at 5.50% (student loan) = 436.87$ in annual interest
10 000$ at 7.27% (credit line) = 727$ in annual interest

TOTAL: 45 382.49$
TOTAL in annual interest: 2 638.87$
[In date of November 9, 2010]

I am now at 116 389.70$

Today, a couple of extraordinary things happen. First the TSX close at it’s highest ever for 2010. The TSX had exceed the 13 000 points! That was for the first thing.

As for the second, I am very proud to announce that I now totally recover from my lost with the Sprott Canadian Equity Fund. About 2 years ago, I had invested 7 000$ in the Sprott Canadian Equity Fund. Currently, my investment in the Sprott mutual fund worth 7 044.99$! FINALLY! HOURRAA!

Third, I had reached the payout of 100$ (even a bit more) for my online incoming without writing anything new on HubPages. I am in need of a good pair of winter boots for this winter. I spot a nice Columbia one for 99.99$. I should be able to make my purchase shortly…

Fourth, the Consumers’ Waterheater Income Fund (CWI.UN) had close at more than 6$ per unit today! How great is that?

Fifth, I have to go to bed now if not I won’t be able to wake up tomorrow. Chow chow! (And yes, I am going to update the debt section, but it will be tomorrow or another day).

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$):
116 389.70$

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$):
115 048.14$

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.

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.

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.

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$):
113 039.97$

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)

My investment portfolio in date of October 26, 2010

Savings:
455.56$

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 2 911.16$
Timminco (TIM): 56$
Blue Note Mining (BNT): 50$
Bank of Nova Scotia (BNS): 5 840.06$
Hanwei Energy Services (HE): 105$
Methanex Corporation (MX): 2 922.11$
Fortis (FTS): 3 445.40$
Pembina Pipeline Corporation (PPL):
9 321.41$
Just Energy Income Fund (JE.UN): 11 688.36$
Yellow Pages Income Fund (YLO.UN):
2 873.70$
Bell Aliant Regional Communications Income Fund
(BA.UN): 5 644$
Pengrowth Energy Trust (PGF.UN): 2 574.20$
Enbridge Income Fund (ENF.UN): 5 247$
Corby Distilleries Limited (CDL.A): 3 177.81$
Davis + Henderson Income Fund (DHF.UN):
4 074$
Premium Brands Holdings Corporation (PBH):
2 892.72$
EnCana Corporation (ECA): 5 696.34$
Cash: 0.49$

TOTAL: 68 519.76$

Tax-free savings account (TFSA):
RBC O’Shaughnessy Canadian Equity Fund:
2 864.33$
The Consumers’ Waterheater Income Fund
(CWI.UN): 2 479.36$
Sprott Canadian Equity Fund:
6 468.46$
Dumont Nickel Inc. (DNI): 373.75$
Cash: 66.09$

TOTAL: 12 251.99$

RSP investment portfolio:
Claymore Gold Bullion ETF (CGL): 4 076.28$
EnCana Corporation (ECA): 2 834$
Emera Incorporated (EMA): 6 246.48$
Cash: 58.64$

CIBC Dividend Growth Fund: 533.06$
CIBC Emerging Markets Index Fund: 455.91$
CIBC Monthly Income Fund: 1 029.31$

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: 109.20$
TD Emerging Markets: 92.19$
TD Energy: 85.82$
TD Precious Metals: 133.99$
TD Latin American Growth: 106.65$
TD Entertainment and Communications: 119.42$
TD Dividend Growth: 203.09$
TD U.S. Mid-Cap Growth: 107.18$

Maritime Life International Equity Fund
(Templeton): 666.14$
Manulife Simplicity Growth Portfolio: 894.76$
Maritime Life CI Harbour Seg Fund: 1 020.81$
Maritime Life Fidelity True North Seg Fund: 1 003.64$
Maritime Life Trimark Europlus Seg Fund: 645$

Great-West – various: 1 751.69$

RBC Canadian Dividend Fund: 532.29$
RBC U.S. Mid-Cap Equity Fund C$: 1 851.35$
RBC Global Resources Fund: 1 028.31$
RBC O’Shaughnessy International Equity Fund:
660.54$
RBC O’Shaughnessy All-Canadian Equity
Fund: 1 136.29$

GIC Canadian Market: 1 000$

TOTAL: 31 152.79$

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

Savings + Stocks, units, mutual funds + Tax-
free Savings account + RRSP + Online Income
(78.07$):
112 498.17$

Working at paying off some debt

What a week… I did around 47 hours at my week day job and I also work my regular shift at my weekend job. In the middle of the week I got a cold and I wasn’t feeling well at all. The problem being that the weather is now much colder and I am sill walking to go to work. That’s how it happens. I took Benylin pills and that was it, but I had to take 2 pills every 6 hours or I was done… I got some really strong and painful flu symptoms.

I am not too happy about having to spend a 70$ per month on a metro pass on my already tight budget. Well, my budget is not that tight but lately, I had spent quite some money on my credit card. I have until October 9th to pay a 513$ balance… yep. Where the money go? Mostly on food, coffees, coffees and even more coffees lol… Now that I am starting a new circle on the credit card, I will be more careful with my expenses. I will be able to pay off that balance of my regular expenses without any problem. It’s just that I would like to slide from 513$ to my old 250$-300$ monthly expenses. Those expenses include everyday expenses and also groceries. Now that the summer is over, that my rent had been increased of 10$, the lovely frugal living is back!

And talking about frugal living, the red in my hair is slowly getting off. A have a major root showing off but I prefer it that way. I no longer want to dye my hairs. But I desperately need a hair cut that’s for sure…

I am still waiting for my iPod Touch and I hope to get it this week maybe.

I am getting mentally ready to do 50 hours and up at work… I got my 513$ credit card balance to pay on top of everything else but sincerely, everything is going well. I was about to update my investment portfolio but I didn’t update the RSP part because yesterday I went to bed early as I had the flu. But here’s the update for the non registered part:

Non registered Investments:
Stocks and Units investment portfolio
Sprott Inc. (SII): 2 999.22$
Timminco (TIM): 60$
Blue Note Mining (BNT): 52$
Bank of Nova Scotia (BNS): 5 836.85$
Hanwei Energy Services (HE): 120$
Methanex Corporation (MX): 2 858.25$
Fortis (FTS): 3 497.83$
Pembina Pipeline Corporation (PPL):
9 359.84$
Just Energy Income Fund (JE.UN): 11 620.14$
Yellow Pages Income Fund (YLO.UN):
2 850.45$
Bell Aliant Regional Communications Income Fund
(BA.UN): 5 540$
Pengrowth Energy Trust (PGF.UN): 2 481.36$
Enbridge Income Fund (ENF.UN): 5 135.70$
Corby Distilleries Limited (CDL.A): 3 167.76$
Davis + Henderson Income Fund (DHF.UN):
3 956$
Premium Brands Holdings Corporation (PBH):
2 888.64$
EnCana Corporation (ECA): 5 680.26$
Cash: 24.49$

TOTAL: 68 129.29$

So I guess that overall, I am around 110k or something like it. My debt are around 45 000$. I won’t update my debt part tonight either as for the rest. I am just very happy that I had been able to clean my place and do a bit of laundry before tonight so don’t ask too much of me…

Talking about debt, I completed my credit card balance transfer and officially got the 4.9% low interest rate on my TD Visa until April 2011. I got this completed this Friday. I only have something like 3 300$ to pay off on my TD credit line. I will be working at paying it off for the upcoming weeks. Nothing more for now. No investment plan to announce either. Life is getting boring these days as I work all the time. I want my iPod.

It's pay day

I received a big paycheck of more than 1 200$! The money will go as payment on my TD credit line. After what I will only have left to pay 3 400$ on it. Not bad at all. (Pretty huge knowing its after taxes). Those were for the unpaid commissions I didn’t receive for the last six months. Unbelievable. But the worst is that my colleagues who had quite their jobs in the meantime will never touch the money of their commissions. This is how things work in Quebec province. Employers have all the rights of the world, while employees have no rights and no voices. Yes, I can fairly scream it loud: Quebec is the most corruptive province in Canada. And sooner they will be kick out of Canada, the better it will be for Canadians like myself.

I wasn’t shock when I read that no criminal charges had been put against Carole Morinville even if her assets had been frozen since August and even after she had declared bankruptcy. The Autorité des marches financiers is just so incompetent! What the hell is everyone doing? Carole Morinville had been suspected of holding a Ponzi scheme. Which mean that some blind Quebec investors had decided to give her their money so she could invest it for them. But the money is now no where – it’s appearing to be gone. What a mistake those investors had made! Lessons haven’t been learned by Quebeckers since the Bertram Earl Jones scandal. The best way to invest is by yourself, by opening a broker account. Don’t trust anyone. Especially Quebeckers. Those are just arrogant people that think to have it all, they want to separate, be a country of their own. See where their arrogances had driven them. To nothing. Taxes are the highest in North America, more than 2 million of Quebeckers do not have a family doctor, there is no good access to health care and no good educational system, the richest put their children to private schools, etc… And see their prime Minister, Jean Charest? Jean Charest is like the rest of Quebec: a good leader of Quebec cheaters and liars – from the exact same tramp of Brian Mulroney.

Also, another way to avoid financial fraud is to have your assets diversify in several Canadian banks. And try to completely avoid BMO Bank of Montreal. The people working there are incompetent. Trust me. I had been there. And also, BMO Bank of Montreal is not a national bank, it’s a provincial bank. So if I where you, I would avoid that kind of junk.

But anyway, generally speaking, those Quebeckers are so incompetents. You have to be here and live it for yourself to believe what kind of crackheads those Quebeckers are.

I am now to more than 90 000$ in my broker account, if you are interested of knowing about it. lol… And what happen at 100k? Hello trades at 9.99$ with TD Waterhouse!