It’s about time! The only thing making Pengrowth Energy Trust (PGH: chart, web, Yahoo!) less attractive than it’s competition was the lack of a dividend reinvestment program (DRIP).

Alas, no more. The company announced on July 25th that U.S. unitholders are now eligible to participate in the Pengrowth Distribution Reinvestment and Trust Unit Purchase Plan (the “DRIP”) which has been available to Canadian resident unitholders of Pengrowth Energy Trust since July of 1992.

But wait, it gets better!

“Pengrowth’s enhanced DRIP permits unitholders to elect to reinvest their cash distributions in additional trust units at a five percent discount to the weighted average …

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I’ve had this hunch for the last few months that we’re in for an economic shock that could ripple up one side of Wall Street and down the other.

There is just too much negative economic data weighing on the current bull market, and I think the Street is starting to get a whiff…

Yesterday, Google and Caterpillar released earnings that were less than stellar. On one hand, Google’s profit growth was 28%, and while that seems pretty good, it didn’t meet the Street’s expectations. So it’s easy to sweep that one under the rug.

On the other hand, Caterpillar posted a 21% decline in profits due to slowing engine sales …

I finally pulled the trigger on RYPQX, and ended up with a small snag…

Initially, TD Ameritrade told me via e-mail that there is no minimum investment and no holding period for the fund. So I logged in to my Roth IRA account and decided I’d buy a small chunk ($200.00 worth) just to see how the process goes, since I have never bought a mutual fund before.

I click through the screens, and eventually, on the last page, I’m given an error! “Your request does not meet the minimum investment amount…”. Huh?

So I fire off a quick and stern one to TD Ameritrade asking what gives. …

A little over a week ago, I wrote that the RYPQX fund would be a good place to stash cash that is currently sitting on the sidelines.

You’ll remember that the Reserve Yield Plus Fund (RYPQX: Yahoo, web, prospectus, fact sheet) maintains a $1.00 share price and currently pays about a 5.25% return on your money.

So where’s the catch? Currently, I can’t find one.

I have queried Ameritrade about whether there is a minimum investment or holding period, and they have indicated that there is neither. There are also no commissions to …

I have long contemplated what to do with money in my brokerage account while I’m not in the market. As it stands, letting your cash ride in a TD Ameritrade account will earn you next to nothing.

So happened that I found out about the Reserve Yield Plus Fund (RYPQX: Yahoo, web, prospectus, fact sheet) that maintains a $1.00 share price and currently pays about a 5.25% return on your money.

Much like a money market fund, RYPQX strives to maintain a share price of $1.00, and has daily liquidity, meaning you can get in and out of the fund on a daily …

Two weeks ago we finally broke down and traded in my wife’s ‘95 Honda Accord. The airbag light came on out of nowhere, and it would have cost us about $500 to fix it. That was the straw that broke the camel’s back.

So after much agony, we went to the local Honda dealer looking for the last car we’ll buy. At least for the next 13 or so years.

With eyes set on a new, 2007 light metallic blue Accord, we started talking numbers. Most of you frugal readers are thinking: “You bought a NEW car, and took the …