I am now a little engineer

Yesterday, on Christmas evening, I went to an Internet cafe I am use to go, and I test my Wireless connection. It’s now working perfectly well after proceeding with another scan of my computer. I now have Avast as anti-virus. After the scan, I disable the drivers for the Wireless connection. From there, I taught that if I had mess up, I would had purchased a new laptop on Boxing Day… But it’s seem like God might be from my side…

After the drivers were disable I restart the computer and… than, a miracle happen, on Christmas Day, something happen… I got connect on the Wireless connection of the Cafe, which status was Excellent... Just to make sure it wasn’t just a one time deal, I restart my computer, and…. I was still able to connect…. I am really happy about this because I don’t really have enough to cover the cost of a new laptop. I am just having problem to realize that I make this all by myself. Not like I am working on my laptop every day, I just connect to the Internet a few times a week, and than go online for a couple of hours, that enough for me. And its part of the reason why I do not have Internet at home. I just don’t want to pay for something I barely use.

Before I went to the Cafe, I withdraw some money from my banking account, since I was running out of cash, and oh my god, I never smell that kind of smell before, there was a homeless and it was smelling very badly. He was lying somewhere in the back. There’s always some homeless at that place. But I never got any trouble. I thing they are just looking for a place warm for the night. And knowing there’s no bed for all homeless living in Montreal, I don’t mind seeing some when I withdraw money, as long I am not being attack.

Yesterday, I calculated my overall earning, and I have less than ever, not even 30 000$ now. But I believe market will react positively to Barack Obama after January 20 and I should than have at least 35 000$. Market went down really badly. And what’s happening is terrible.

And its part of the reason why I am looking for the next best thing, the product that will make me or believe that I am rich, and I think I have find it. More to come… :)

On Christmas Eve

Its Christmas and I just arrived from work. Outside, it’s raining, and water got inside my boots and I am really thinking on purchasing a new pair on Boxing Day. My laptop got infected by several viruses and I have been dealing with the problem for several days now. On Boxing Day, Staples have a special on Norton 360 and, before even getting new pair of boots; I want to purchase a good anti-virus. I also have an eye on a mini-laptop, which is at 299$. At the end, it’s all make a big deal of money. I still have something to pay on my credit line since I purchase not those long ago Fortis stocks. I am really into that stocks thing now and nothing make me happier than seeing my portfolio grow, even if it’s lost half its value. But I am still on in and I believe I will continue like that for a while, until I get tired of loosing money like crazy.

The major problem is that I begin to purchase stocks just a couple of months ago. And since we are in the middle of what so ever recession, I just follow the flow, just like other, I am loosing money.

Another problem is that I am getting addictive and it’s a good thing I can move funds from my credit line to my brokerage account. I know it wasn’t made to help me out – but just to make money from small investor like me, but I really enjoy it and so far, the way I have handle it is that as soon as all the amount due on the credit line being paid off, I take another loan to purchase other stocks and so on. And if I keep investing like this, I might no be able to see positive result anytime soon, because markets are so volatile. It’s exhausting me. And I wanted my 50 000$ so hard, it’s so silly and funny at the same time. Sometimes, I take a look at my blog and I laugh at myself because it’s just make no sense and its hilarious, the way its stand out, My first 50 000$, in a so basic English. So innocence and naive, I just love it. And I prefer to blog in English just for the fun of it.

I might have talk about it earlier, but my next projects are, opening a tax-free account at RBC and move in some of my mutual funds I already have with them. I just hope such move is possible. I really enjoy the fact that yearly, an average of 10 000$ per year (5 000$ into the tax free account and the other half in RRSP) can grow away from taxes.

Second project is being to put money in my RRSP because I know for sure that if not I will probably have to pay taxes and I won’t let that happen. I just worried where I am going to take the money from. Like right now I only have enough to cover the expenses of January. Next paycheck in January will all go on the credit line and so on. And I just keep going like that over and over again. But is there anything else I love most than money?

Tomorrow, I am off and I am quite happy. I have been spending a lot of time working on my computer. Next step for me will be to test it into a cafe. My problem being I cannot connect to Wireless which status is Excellent. I can only connect when status is Low or Very low. I have been reading on the topic and I find the word of virus very interesting. But at the same time, I am kind of amused of myself since I have been going on Wireless for so long without the appropriate protection. It’s just like having sex with a complete stranger without any protection…

Anyway, let say I can pretty much handle any kind of situation. And reaching the goal of a laptop without virus had amused me as much as working at reaching my first 50 000$.

And I had been thinking even deeper, about my situation, having to work at 3 jobs just for the money. But I am at the point that I would like to find better paying jobs and it might be possible. It won’t be that of a challenge to find a job paying at least 15$ per hour. But at the same time, I don’t know if I should place my move knowing I am quite ok the way things are at this time. I have been thinking about this over and over again and I finally decide to remain the way I am right now for at least another year or until I have enough of saving money and trying too hard.

But life had been unfair with me but things are the way they are and I am spending the Christmas Eve along in front of my computer.

Me and my little shares

As for my investment, my famous Blue Note Mining is getting up up up… well, from 0.05 cents to 0.025 cents….. that’s pretty good. I am willing to take everything. They have discovered some gold near by the Caribou mine and the stock price begin to rise a bit. But it’s true that for the rest, I am not doing so well, but I comfort myself by saying it’s all for a long-time investment and I have still time to recover from my lost since I didn’t sell anything. I was quite shock by reading MorningStar website, as they were saying that October and November had been the worst months for mutual funds, seem like everyone are selling their units. It is so not the time to sell, it’s just contribute to make things worst than ever, as I consider it will be important that all players small or big keep the money were it is invest. And anyway, it’s not fun to sale now and loses money like crazy. By not selling, I believe I keep a chance to see things coming up again like its use to be. I would just like to see everything go back to normal as I was so close to reach my first 50 000$.

I am not getting too desperate as I begin to purchase stocks. And the funniest thing is that I try to buy when I think we reach the lowest, but the lowest is being beat my another lowest and so on…lol That’s what happen to me with Bank of Scotia. I purchase the stocks at 44.82$. I taught it was a good deal…. But now, the stock price is at something like 30$.......... Oh no!

And that’s not it… as for my Sprott Equity fund, I first did a bad move, I invest 5 000$ at the price of 50$... After what, thinking I could do a good deal, I invest another 1 000$ at 35$ the unit price….. And now, in date of today, the units are around 25$ or less…

The lesson I learn…when I think I have reach the bottom, it’s not being reach yet… lol!!!!!

And what to tell about TIM? And Sprott stocks……….. I just prefer not to talk about it. :)

I believe that when I will have enough of loosing money, I will consult a financial adviser. That’s sit that’s all. But that day might never come as I like purchasing stocks like a rock and I follow the index with a huge interest each day. My only regret is to not be able to make enough money to invest more. This is just so difficult those days to follow the index as t goes up and down and it’s turning me crazy. But I really enjoy. Dividends are really great too to earn.

A smart move of mine was Methanex (MX) even if I didn’t have a clue of what was methanol back than lol. I purchase MX at around 15$ per share. Now they worth 13$ or something. I just don’t want to loose money that much, I want to make some. That’s why I am saying that purchasing Methanex at 15$ was a great move.

I have an eye on HSE, BPO, FTS, ENB just to name a few. But the only concern is where I am going to find the money….. And that’s the reason why my next purchase might be BPO. I would just like to purchase 200 stocks around the price of 6$ and get the high dividend of a it more than 0.70 cents…

At the end, I just can’t wait who things will have turned out for me in about one or 2 years for now. I would very much to reach 100 000$ in asset by the end of my 30 birthday. What’s nice with me is that I can never barely reach my goal, but I prefer to fix myself some funny unreachable goal and make fun of myself than just to go with a little things that I can easily reach.

Just getting better

Things are getting a lot better for me those last days. First, I got my laptop repair last week. I had a problem with it, I couldn’t use the Wireless connection – so I couldn’t connect to the Internet since I always go to a cafe about once a week or so to connect. I got it repair from a guy at my workplace and he was generous to do it for free, after refusing the 60$ I had offer him. That’s for the laptop.

It’s been officially been more than a year that I am at my full-time day job as a customer representative. I plan to maybe look for a better job later on. But for now, it’s still working pretty well for me the 3 jobs all combine together. It’s just I can get pretty tired sometimes and my morning job is killing me, as they continue to cut some hours from time to time. And they sometime tell me to call in the early morning to see if they have work available. And it’s killing me because I don’t have a cell or phone at home and I have to get ready anyway, each morning and call from a pay phone to see if they have work. For now, I only have a little pager. I wouldn’t like to have too much bills to pay as for now my mainly expenses are my rent and my student loans. After the regular living expenses, I wouldn’t like to have a lot of bills to pay as it will kill me to have less money to invest. And forgive about paying on my student loan, I enjoy purchasing stocks too much for now.

I now pay off my credit line at TD Canada Trust and it’s just amaze me how much I can save and pay off debt really quickly. Taking money from my credit line to purchase stocks might not be the best thing to do, but I do what I want and what I like about this is no one has a word to say on anything.

Next big project is my RRSP. I plan to save money from December to March 2009 for it. This year, I have around 7 000$ I can invest in my RRSP and I can’t wait to be finally done with it, and the taxes. Its look good for this year, I might be able to make a bit more than 40 000$ which is a lot knowing that just a year or so, I was down to almost have of this. It’s really difficult to make this amount after taxes for me. And I just hope to me able to make more money in 2009 but I haven’t think of doing anything extra, but maybe joining the army but I am in bad shape and I gain a little weight by working 80 hours a week and not doing that much exercise. And I am white like dead. The only things I like about myself now are my hair. But that have nothing to do with my money.

Running out of time.... and of money

My latest purchase of Methanex Corporation (MX) for 100 stocks was a desperately move to try to make some money as I lost so much. What make me loose a lot are those Sprott Asset Management shares, that I purchase near 10$ and now, its value is not even half of that. Not too much I can do about it. I got also pretty unlucky with the Blue Note Mining stocks, which I purchase at 60 cents, and now, the share only worth 0.015…. And what to say about Timminco… In a way or in another, I don’t regret anything as those where my choices and I completely assumed them.

My only real regret is just not having enough money to invest even more. Time is running too fast and in December, I had to save for my RRSP. I had 7 000$ I need to save – I had until March 2009. I will probably done paying my credit line in December, only if I decide not to purchase new shares until December.

I really like Fortis, and if only I was making 2 000$ more this month, I will definitely purchase some Fortis shares. Fortis is really great, even during rough times, the share didn’t really go under 20$. Now it’s value is 25.98$. If only the share price could false down again, it would be my ultimate buy. And Fortis is based in Newfoundland and as a New Brunswicker, I like the idea to purchase something form the Maritimes. As my Blue Note Mining didn’t turn out really well… The famous Caribou mine is… closing its doors…….. oh lol! It is so funny after all. Mines might not be my stuff after all. I should just gave up on stock and stop trying so hard.

My 3 jobs got well again. I am so desperately in need of money right now. I get upset at some points but I do not show anything about it. At least not openly. At a point, if I was not that dead focus on making money, I thing I could lose control and run out crazy like hell. But that’s my secret, I want to reach 50 000$ one of these days. And writing about my problems is really releasing for me and I especially pay 8$ this evening just to write on my blog. It’s just not the fact on going and writing, it’s the writing and posting, both need to be combine together. The wireless on my laptop still not working.

And now it's Desjardins

After having many issues with TD Canada Trust, now came Caisse Desjardins. I had to update my investment profile with them just because of one mutual fund investment I have with them.

I was really frustrated when I received the letter they send me for that purpose because they told me that if I was not going to update my investor profile, my banking account other asset will be all frozen… No way am I going to invest ever with Desjardins. And this is even worst than what I had last time with TD Canada Trust. Like if I didn’t go through enough yet. Anyway, I place the call, update the stupid profile with them over the phone and promised myself there I would ever again purchase a mutual fund outside a broker account again. It is way too complicated and annoying. And I don’t know if they even realize it, but they are loosing me as an investor and a customer.

When I call to update my profile, I was on my two mornings off and I expect to had nothing to do, but like usual, my plans get disturb and I had to call about 3 times to get this done by an arrogant advisor who was really mean over the phone. Desjardins really suck, just like TD and I am just hoping to find a way out of hell once of these days.

Latest details

For now, I lost of money. And from what I read around, the worst is to come. I didn't sale any of my investment. I might had lost thousands of dollars, but I didn't count how much money I now had, because I know it could happen I only now worth 20 000$ or so. And I probably won't be able to reach my first 50 000$ by the end of the year, but I don't bother. I plan to leave things like they are and invest the max for my RRSP. Which mean I still need to save a 7 000$ by the end of March 2009.

But now, things are more difficult than ever, especially now.

I got flag at my evening job. I laugh at a client, but from my part, it wasn't a laugh in the sense of I am making fun of you; it was a laugh about the situation. Anyway, I learn the hard way, not to laugh at anything. I am pretty serious most of the time, but knowing I work from 9 am to midnight - in 2 different jobs daily, I might got tired at some point and started laughing. After all, maybe I was laughing at myself. Who knows? That’s for the first thing that is going wrong. But luckily, I didn't get suspend - but it was a final written warning. No more laughing. My job is so easy, I am not supposed to loss control.

The price of my monthly rent just gets higher of 15$. When I receive the news, I didn't react. No reaction at all. I am just tired of life and my life in Quebec. I hate Quebeckers and all the rest.

Lack of work at my part-time morning week-days job. I was giving 22.5 hours and since 2 or 3 weeks, I never been able to make my hours.

Other than that, just in date of today, I had another bad surprised at my week-end job as I present myself to work and they told me....... to go back home.... And my whole day was pay. It's the last time I ever present myself there. They went to far my lying to me, saying that they had try to reach me. And I won't accept any lies, just plan to change of week-end job. And good-bye. It's very liberating to use big words in my written. I had a friend of mine who’s under therapy - and for me, instead of exploding, I just use the F word and it's just do the thing. It really does. I just love to use a rude language in writing, as I never used such language in real life. Because my blog is not real, my money disappears and it's really nothing at all.

I am job searching. I didn't search for a job since, I believe - the month of February 2008. It's been 7 months since no job searching. I taught everything would have been ok. Money was coming like crazy. For the month of September, I earn more than 3 000$ after taxes. That's money! I would like to have a job offering 30 hours weekly, flexible, mornings and week-ends. I just don't understand why things are the way they are for me. I sometime laugh at myself by thinking that I am too good for myself, I am too highly skills, my portfolio rock no matter what no one thing, Quebeckers are just too stupid to get that, I am a cool girl and I belong to someplace else.

In the meantime, since I am stuck here, I am job searching and just pray I could find a steady part-time job because right now.

$$$

I finally start to earn good money from my investment. The stocks I purchased yesterday are going up up up. I purchase Bank of Scotia Bank at 44.82$ and now each stock worth 49.40$... Which mean I made 458$ from that investment. I never earn that much, and so quickly, from other investments of my whole life.

And the Hanwei Energy Services (HE) stocks are going up to at 2.20$. I made 15$ from the investment, as originally I purchase the stocks at 2.15$.

Just from yesterday, I made a total of 473$!

WOW!.... Especially that the HE was a wild pick... As I had some money left. I pick the stock in a special edition of a magazine about finance that I don't remember the title. So I "try" to do my search and beginning to think for myself and I came with a list of stocks that eventually provide a good return only if chance is by my side. They are:

BRC DiamondCore Ltd (BCD-T)
Highest: 4.74$
Lowest: 0.70$

This stock look like it's been closed or something. The stocks remain at 60 cents and no trade had been done on it yesterday. I don't know the reason of this.

Chariot Resources Limited (CHD-T)
Highest: 1.32$
Lowest: 0.46$
But I find CHD-T a bit too volatile.....


Antrim Energy Inc. (AEN-T)
Highest: 7.49$
Lowest: 2.10$


Lundin Mining Corporation (LUN-T)
Highest: 13.97$
Lowest: 4.53$


Western Goldfieds Inc. (WGI-T)
Highest: 4.13$
Lowest: 1.59$


And, the current pick:
Hanwei Energy Services Corp. (HE-T)
Highest: 6.29$
Lowest: 2.08$


All data provide below should be modify, as its common from me to make mistakes.....

And for those stocks below, I didn't proceed with any intensive research, just a bit of reading over the Internet and it's about it. Anyway, I like Hanwei, once again for the name, it's sound a bit like Hawaii and it's exotic. That's why I pick it.

I really need that 473$ right now because my famous BN are now down to 0.04 cents, I am still loosing with Sprott Asset Management, TIM, and not to talk about my mutual funds. It's a disaster.

As for my loan I made from my credit line, if I calculate the right way, I will be able to refund within 2 months. I plan to transfer the rate with one a check I had from one of my credit card. I can get the rate of less than 3%, rather than 18% of my credit line. If I calculate right, 18%, for 2 months, make a total of more than 100$ on 4300$... which I could even believe but I guess its what it is. And I don't care if it will affect my credit score. It's really too bad I don't had more money from my own to invest in stocks.

Bank of Nova Scotia and Hanwei Energy Services

I maybe did a wrong move, but I take 4 300$ from my credit line to purchase stocks... I now had 100 stocks of Bank of Nova Scotia (BNS) that I purchase at the price of 44.82$. Since I had some money left, I take the chance on Hanwei Energy Services Corp. (HE), for 300 stocks at 2.15$....

I won't do any more for a couple of weeks, as I want to pay off as quickly as possible and I will possibly pay it off within 6 weeks. I took a look at my investments, SII, TIM and other, and they all go up, so I just hope that it will turn for the best. It's a good thing I invest in Bank of Nova Scotia, it will provide some stability to my portfolio.

There was the TD Canada Trust stocks that were at 59$, but I wasn't having enough to purchase even 100 stocks. Below that, the fees are higher.

I am all happy with my move and I will work hard in the next few weeks to pay it all.

I am doing ok after all

I am still loosing money like crazy today, my Sprott Asset Management stocks value is still low, even with Blue Note Mining, I lost money. But I didn't loss enough to tell myself I won't invest ever again... I have an eye on Bank of Nova Scotia stocks and I might do my move tomorrow. I am just too excited see how things will turn out by the end of the day. If only I could have a 10 000$ somewhere... but right now I still don't have too much in my bank account.... But anyway, I plan to borrow 5 000$ from my credit line and purchase some stocks... I had been waiting for so long to purchase a bank stocks and this is the good time. I am all getting excited and yeah I can't wait.

And talking about banking account, yesterday, I was quite shock about a conversation I learn at my job. It's my full-time job, and it's in a call center. We are being paid 12$/h. It's very low for all the work, but anyway, for now, still I stick with 2 other part-time job and I had a regular schedule, I stay there. And the job is quite easy after a couple of weeks. Anyway, I heard the conversation of that lady, she's in her fifties and she was talking to someone higher and she was telling about the medications she needs and than in the fact that she was living in poverty. When I heard her saying the world something like "my poverty" I kind of freeze there. "Living in my poverty" is what she said. It was so weird to hear her saying something like that. Like if she wanted that we had her in pity. And I once hear her telling to a customer something like "I work 11 hours a day". Is she looking for a some kind of recognition from the customer or something like it? And anyway, if she work 11 per day, in the end of the 2 weeks for the pay, she will get a 1 000$ paycheck after taxes. After that your telling me you live in poverty?

I never, of course, tell her anything of what I was thinking of her behavior. But I dislike it very much and I just hope someone will listen to her calls and tell her just to stop looking for recognition coming from customers. Myself, I am not the type who's looking for some kind of recognition. Not that I am careless, but a job is a job and for myself, the only thing I am into is money.

And sometime, I told myself that if I would had been very great, I wouldn't be working at low salary jobs and it will be really easy to find a well paying job. I am just like that and I like to be mean to myself. Like just for my portfolio. If I loose everything, I am going to loose anything. But from the start, I build everything for a long time commitment and I am not afraid of the stocks market or about anything else as everything had been plan and at the same kind not being plan - for a long time adventure.

And a bad news, other than the stocks market is that I yesterday ask someone if there was overtime available and I was told I need to ask for my supervisor. Usually they put on the board if there is overtime but these days, nothing. And I know a couple of co-workers who are doing overtime without asking. For myself, I am too scare of that - and what if there's no overtime available? They don't seem to be very concern about it, but I am. One of them told me he wasn't giving a damn about it. I am just curious to ask to be able to do my Sunday, especially after what happen to me last week at my little survey job... Like I show up at work but there was no one to open the place. I don't even know what's going to happen to my pay for that day. Anyway, I am supposed to call tomorrow to find out if there's any work available.

I really had the worst and the most miserable jobs in the whole word but the things is mixing them all together make a huge $$$ after the week. The only thing is I am getting annoying of the weekly routine sometime.

This Saturday, I am getting a hair cut.

Loosing money like crazy

I gave a quick look at my investments, and I am loosing money like crazy with my stocks and if things don't get better any time soon, I will probably not be able to reach my first 50 000$. I am loosing money with my investments and also because of my employment situation.

Like today was the worst day of my life. lol. I present myself at work, and like other, we were like about 15 employees to wait outside for a supervisor. And the supervisor never shows up, I wait for about an hour before going back home. I am upset because, like those 15 others, we were told we were working today. I am upset because that's by weekend job, I am getting about 330$ bi-weekly, which is good because it help me to cover my rent and a part of my metro pass... But today, there was no work and I was told there was some for me. So at this point, I really don't know what to do. We are out of work for next week... For that I knew, but for today, it was supposed to be ok. So that is for my weekend job.

It's a bit the same situation for my morning part-time job, I am getting in and out of jobs and it makes it difficult for me to reach my goal. It's really only at my full-time jobs that things are relatively ok. So the plan is too see who things turn out in about 2 weeks from now. After what I will begin my search for at least one other part-time job. I am running out of look and I am sad because I wanted to remain at the same work place to provide some stability to my resume. But is it my fault if I suffer from a lack of work?

I enjoy my free time today. I even dye my hair, which haven't been done for about 3 months and I am looking much better now. For the rest, I will take it one day at a time, since there's overtime available at my full-time job. But refilling 11 hours in a row some prepaid accounts is just giving me one of those headache lol.

My very best picks

I hold more than 30 different investment products. On that bunch of 30 of more investments, only 5 never let me down, in a sense that I never lost money (meaning never lost the initial investment money), even in bad times.

My top 5:

Fonds Desjardins Fidelity Frontière Nord
Energy and Base Metals Term Savings (Indexed term savings) – with Desjardins, but this GIC is now close
Maritime Life CI Harbour Seg Fund
Maritime Life Fidelity True North Seg Fund
CIBC Monthly Income Fund

Proof that it's very difficult to find very good investments.

I plan to invest in the Fonds Desjardins Fidelity Frontière Nord for my next coming RRSP.

Blue Note Mining all the way

It’s seemed like my problem with computer partly resolve, so I quite enjoy my evening. And I am quite all proud of myself and with my Blue Note Mining pick. The share jumping from 0.055 cents to 0.07 cents. Which made a profit of 180$, which is more than what I earn in a near 13 hours of work per day.

For now, I keep the stocks, I won’t sale for 180$, knowing it cost me 29$ to invest in those stocks, and it will probably cost me the same thing to sale them.

I just hope things continue to keep rolling and going……

I really like what I read about Blue Note in the following paragraph. The most interesting for me was this specific part:

“We just need metals prices to improve and this mine will kick off lots of cash," said Michael Judson, Blue Note's President and CEO”

Source: http://www.huliq.com/13/67010/blue-note-reduces-costs-caribou-mine

And when I read “Caribou”, it’s just making me laugh, like hey, I know Restigouche, Caribou and all those tinny little places. That’s back home, even if I am not exactly from there!

Rock on New Brunswick.

Summer time is almost over

Now summer is almost over and I didn't see too much of it. But it was quite an exciting time as I just purchase my first stocks, but the fun stop there. Or almost, as I make a lot of fun of myself -me with my 3 low paying jobs, working 7 days a week - how don't know how many hours. I believe that when the time will come, I will do something else. But earning money is quite bad as I just want more and more of it.

I quite enjoy TD Waterhouse now that I am all set up with them. It's quite unfortunate the things that happen previous, but their online system is very easy to use and I really enjoy purchasing stocks by myself. For the first transaction, the Sprott Asset Management stocks, I purchase them over the phone, for the rest, I did everything online, except for the mutual funds of Sprott, which I purchase over the phone, since it was done without any fees.

I would just like to purchase stocks from a bank - from TD, as I read they are the one who are the least affect by the credit crisis we are in. I would had care about Rogers stock, but I still don't know.

I didn't calculate the overall value of my investments, as I believe I had lost money here and there again. But it doesn't matter, as I am ready to lose money - but I want to gain as twice more. I really had faith in the Blue Note Mining. It's kind of a lovely name for a mine and I read things around and the things is it's a good company to invest in. As soon as the price of zinc will start raising, the big cash will come and I might be finally be done with my student debts. As soon as the share can just reach - one more time the 60 cents - I sale, and make $$$ and pay off some of those debts.

That's the plan.

About Blue Note Mining

Yesterday was my birthday, I am now 28 years old and I didn't reach my goal yet... But anyway, I quite happy to where I am at this point and I just hope things will just continue to improve for me.

Really lately, I purchase 12 000 stocks of Blue Note Mining, for no specific reasons, just I find accidentally the company by searching for the National Bank symbol (which is Banque Nationale in French - BN). What I find was quite interesting. Blue Note Mining has a mine of zinc near Bathurst in New Brunswick - which pick my interest because I am myself from New Brunswick. The investment cost me a near of 700$ in total, for 12 000 stocks.

And the fact that the cost of each share is super low interest me, and also the fact that earlier this year, the price reaches 65 cents or 60 cents per share... So if, by any chance, the share price can still reach the same 65 or 60 cents, I will be able to make a lot of money as I purchase each share at the price of 0.05 cents... Since I really don't have that money to invest, I find the possibility interesting and well, if I lost money, I won't lost that much, only 700 or 600$... But the share price is pretty stable, it goes around 5 cents to 0.055 cents.... and I don't understand how a share can reach 0.055 cents as 0.005 doesn't mean anything in Canadian money.

I still have a lot to learn I guess... ;)

100 more Timminco stocks

I just purchased an extra 100 stocks in Timminco, at the cost of 16.37$ per stock. I now had left around 800$ in my bank account... I just couldn't help it, I just wanted to purchase more stocks. Forget about paying my student loan.

I didn't calculate my overall income for quite a while now since I still have the problem with the Wireless of my laptop. Anyway, I spot that place where it's free to use the Internet, so I can still blog on my little activities. I just hope Timminco will turn well. If it can still reach that 22$ per share like it's once did, I will had make 600$ from the investment. I continue my search regarding Timminco, and what I learn was very positive and think Timminco stocks will just starting to rise in a not too far future. And not too elaborate too much on what I find, well, it was something like they had the contracts they needed and they just had to wait for the money to come in or something like that and for me it was just a buy buy buy comments... or from what I understood from it. I purchase Timminco knowing, again from what I understand, that Sprott sell part of their shares, and the reverse, Fidelity purchased Timminco... and me too lol. And it's hilarious, knowing I purchase 100 little shares. Well, I don't have that much money and now I am broke for the rest of the month lol.

I just kind of disappointed about my Sprott Asset Management stocks and there is no reasons why I had to loose money with the stocks like I did right now because from what I understand, they make 16 millions in profit for their last quarter, if the number is not correct, I know for sure they make some profits and now, a share that I pay 10$ now work less than 7$. But why? It's just doesn't make any sense.

At one of my job I had, I speak to someone who just pass his course to be a financial advisor or something like that and I ask him, just to chat around, why stocks were doing ups and downs all the time lol And than he explain that it was depending the temper of investors and also the news regarding the company, and so on. Like if everyone would just stop selling during bad things and keep holding like me, well, it could help, but just a bit, as he kept explaining to me, because it's not only the fault of investors. So I would like to say to people out there to stop selling Sprott shares. PLEASE.

On what to do next

I am still earnings good amount of money because of my 3 jobs and I am wondering what to do next. If I should keep investing like I was doing, in mutual stocks or funds, or should I strat just putting money away in the ING Direct account that I have or should I finally start to pay off more seriously those student debts that I have.

I had been thinking of all this lately and I am still interest in investing anyway, at least a final try if I can say. I would like some Bank of Nova Scotia stocks. If the market can get low enough, good opportunities will show up, just like it's the case with Rogers Communication right now.

It might be in my interest to save also for my incoming RRSP of 2008 but there still time ahead to save 7 000$. I was thinking that the period of December 2008 to mid-March 2009 to save the money and before that, I could basically do whatever I want with my savings until December.

It's very difficult to see all my value going away like that and I just hope things will get better and start making money from those investments.

Me and my little money

I am loosing money with crazy. My Timminco (TIM) drop from about 5$... Sprott Asset Management (SII) is now around 7$..... And I just don't want to think of the money I lost with my other investments, not to talk about my mutual funds and so on. And I just don't know the reason for all this. But I was kind of aware of the financial situation were in, but it's hurting me anyway. I didn't calculate my total value for quite a while now and I won't do so for a while, I am too scare too see hoe so little I have now.

Anyway, things are not so bad as I get back that morning job at a full part-time status like it was before. But now, I don't know if I can ever reach my 50 000$ by the end of the year. If it happen I am loosing too much because of my current investments, well, I could tell myself that I least, I have try... But the situation is not so bad as I can easily live without the money I had invest and all those were supposed to be for retirement anyway so I guess I will be able to catch up later on, but only if I don't get rid of the investment.

There's some overtime available at my day full-time job and it's the place where I should be right now, but I like do to other things than just working for money sometimes. I am kind in one of those strange mood as the weather isn't really nice and I had been reading one of those book, its call In the country of last things of Paul Auster is this is the kind of things you want to read when your loosing all your money in the stock market lol. I am kind of surprised; I can understand what it's all about. My English reading is improving.

Ups and downs

I didn't blog here since a long time. I am having problem with my laptop, which just doesn't want to go under the Wireless anymore and I am pretty upset about the whole situation, as I will probably have to pay a technician for this, since I am no longer living close to my brother, which could had take care of the job. I don't really need the Wireless, but its just I like to surf in cafe and now I cannot do anything.

And just to make things worst, I am loosing money like crazy with my investments. I just don't know what is going on, but its hurting my portfolio! I do not plan to sale anything, as always, I just keep everything but I would like to have the chance to make some money from my stocks and other. Like I was planning maybe to pay off a trip to New York or Toronto, or maybe both, since I never visited and I didn't travel for quite a time. But know, I don't think I will be able to do anything at all and it could happen I lost everything.

Two people get fired at my full-time day-time job. For once of them, I truly understand the reasons why he got fired and I was quite surprised he didn't get fire any time sooner. For the second one, it was actually the person I was having difficulties with, the one with VIH, she got fired too. But for her, I was quite surprised, as she was really good and her productivity has very high. And another person left, I don't know what happen to him. Anyway, things are pretty change.

I got a big emotional break down because of that job, not because of people I know get fired, but because I had set a fix work schedule with them and they didn't respect it. The problem was resolve at the end, but the night before it get resolve, I start crying in the middle of night and I try to calm myself as I need to wake up early at 6h45AM the next morning. I was desperate no to be able to combine my part-time job with my full-time job. But know its resolve. But I keep asking myself am I next on the people-to-be-soon fired? I take it one day at a time. I am always trying to do the best I can at work, even if its a low paying job. So we will see at the end what happen but I will be very sad if I get fired too. It's just an idea that is stock in my mind...

Just to make things worst, my part-time day job is cutting on in my hours, and not only for me, for a couple of others to. At least my weekend job is still ok for now. With all 3 jobs combines, I make almost 800$ weekly after taxes. And I just want it to continue like this. Everything was going on so well, and now, it's kind of going so-so and I am kind on getting a bit depressed by looking at my overall situation at work and at my investments.

I now have 100 Timminco stocks

I purchase other Timminco stocks this week. This time, I purchased them online, it was very easy to proceed, and it only cost be something like 27$. I purchase those stocks at 23.70$, which I believe was a good price for.

For the rest, the market is not super great at this time. I just can’t wait to make some big bucks from my Sprott Asset Management funds. So far, so good, since I am still working at my 3 jobs and I still making almost 800$ weekly. I am just looking to purchase more and more stocks and my next purchase could be Bank of Nova Scotia, but I will need at least 5 000$.

I don’t know too much on buying stocks, but I think the minimum per transaction is 100 stocks and Scotia stocks being not cheap, I might need at least 5 000$ before I can purchase them. I would like to purchase stocks that provide dividends. I was planning maybe to sell a couple of my non RBC mutual funds to purchase stocks.

Cleaning my banking account

I had most than 7 000$ in regular savings in my banking account. But the money is no longer there... I recently invest in stocks and mutul funds of Sprott Asset Management. It might be my last investments I will make for a while, since I don't have too much left in my banking account, barely enough to cover my expenses for next month. Anyway, I am pretty please with everything, except the service I receive from TD Waterhouse. I am getting a bit closer to my 50 000$. But it require so much work, I wonder if I ever could reach my goal.

I might be able to purchase other stocks by the end of August. For incoming project, there some investment I would like get rid off, but I don't want to lost the initial investment, so I am waiting.... but how long will I have to wait? Another one will be to have my credit check. And the last one to look around for stocks, for my next buy in August.

Another mutual fund....

I call TD yesterday to see if there was any fees related to the purchased of some units of the Sprott Canadian Equity Fund (SPR001) and there's none. I was told that for some funds TD charges fees and for other, they don't. Which I really don't understand, because I believe they get a compensation on a way or another from the company where individuals like myself purchase funds. I know how it works.

I don't really follow what I write on this blog. I first taught about the iShares, now stocks, and now back to mutual funds, when I just told myself I will not purchase mutual funds ever again... Anyway, that Sprott Canadian Equity Fund is a mine of gold and I would like to invest in it, even if the management fees are high (2.5%). And they also request that we keep the investment for 6 months, minimum investment is of 5 000$, which I currently have in my Waterhouse account. If not hold for 6 months, there's a penalty. But in case of need, I could always pick in my non RRSP mutual funds I have everywhere else. Because it's really investment all over the place. Like if I was willing to try anything kind of investment for money. This is the case. And it's really only for money.

But so far so good, as I stick to my 3 jobs to make near 800$ per week after taxes. I get kind of tease at one of the job. But I don't really care, as I never really care about what was going at my different work places. At one of my job, some idiots keep talking to me in English, while I am French and speak a some kind of broken English. Anyway, I don't pay too much attention, I reply in French. I don't care for anything else than the money I can make from different jobs. I am so not such difficult that everything is going very smoothly. And I am pretty good, as it been going on for a while now and money is coming like crazy, I just have to look at my expenses carefully.

After this investment (5 000$ in the Sprott Canadian Equity Fund, non RRSP), I won't be able to make any more investments for a while maybe, as I need to save 7 000$ for my RRSP of January 2008. And it will be good if I could pay off those stupid loan debts.

I feel lost in the finance world and stocks are tricky. Sprott Canadia Equity Fund appears to be a good solution. It's been well ranked by MorningStar even if the fund doesn't appear in the Analyst pick. Maybe because of its high fee. And it's also a bit volatile, but I am looking for a long-term investment. So now, I only have a phone call to place to make myself super rich with the Sprott Canadian Equity Fund. It is soooooo simple.

Making my first bucks from stocks

If it wasn't because I am working, I might spend the whole day in front a computer, looking for my SII stocks.... In date of yesterday, I made 75$ from those Sprott stocks. It just now I am realizing how much I can make if I can just be lucky for once in my life.

I also have an eye on Rogers stocks, the B ones. I just put another 1 000$. I also would like to invest in Sprott Canadian Equity mutual fund. It's just too bad I didn't find about this fund earlier. There's like too much I want to invest into and I just have too little money. I also have to thing about my RRSP.

Stocks are a lot of fun. Regarding Rogers stocks, I believe they are a good investment. I learn that the dividend will go up to 1$ per share in 2008, from what I read in their financial statement. I had been looking into them for a while, and they are a buy for a short term period, as previously, Rogers share went up to 52$.... And now the price is 40$ and something...

I purchased my first stocks yesterday

I just purchased my first stocks yesterday. I purchased 500 stocks of Sprott Inc. (TSX: SII) at 9.74$ each. I believe I made a good investment and I plan to keep those stocks for a while. I am too curious too see after one year how much will be the dividend and also the return. I prefer to invest in stocks that cost less than buying stocks of major banks which could cost me as much as 50$ per stock.

I was quite surprised to learn about Sprott and when I discover their mutual funds, I was even more surprised that those funds don't appear in the analyst pick of MorningStar. I read the article of the Globe and Mail that I find on Sprott Web site and from what I understand; their way of investing might be too different than others. That's why I never new about them before I saw that magazine at the Chapters. And I learn about it just at the right time, when I was desperately looking for stocks to invest in.

I just hope I made a real good investment. But only time will tell.

Some good news

I had a couple of things done I wanted to do during those last days. I had opened a banking account with RBC. That account is free for me since I had opened a credit card (that I never used and don’t plan ever to use by the way lol) + mutual funds with them. I just went to the RBC site earlier, and I can see my investments. I can also sell my investments at any time. Which is great, because I can wait to get ride of the RBC O'Shaughnessy International Equity Fund. Other than that, I plan to keep the other mutual funds I had with them.

I understand I should probably get ride of them and sale them all, but I prefer to keep them as I feel I don’t have that much money to invest in stocks and if something would had to happen to my stocks whatever the reason could be, I wouldn’t like to be out of money. But I might no more invest in mutual funds.

Regarding my account at TD Waterhouse, I decide to keep the account and use it, even for the reason exposed in the previous post, I really wanted to close it. The thing is that I investigated. If I decide to close the account TD Waterhouse staff will have access to my information for a period of 1 or 2 years. After what, my account will go into their archives for 7 years. After 7 years, but only after 7 years, everything disappears. This is the difficult part for me. That’s the only reason why I will keep the account. And another reason is that since I subscribed to eService, I won’t get any fees for being inactive. So I decide to keep the account. I won’t do what that poor Lisa O’Toole tell me to do (I suggest to read the previous post to understand). I know I shouldn’t complain, but investments are the only thing in my life I have totally the control on, and I want to keep it that way. I don’t want idiot to tell to send my SIN and another ID via the mail. Which I find totally stupid, knowing I had presented those items once I open the account. Anyway, I understand. And no one else seem to understand, especially TD Waterhouse agent, I have to tell. And I have a lot to tell. I won’t put my trust in them to get some advices on how to invest my money. Because I worth more than that.

I had good news this last Friday; I got a call from the place where I used to work on Saturday and Sunday. It’s seemed like they now have work for me… And I now will have 3 jobs. It’s really too bad it’s coming back now, especially during summer time. But I don’t care that much, the only thing I care about, as usual, is the money. I expect to earn 761$ after taxes weekly. This is very good. So this weekend was my last off weekend. I went to the movie and I did a bit of shopping and it was all, after doing the usual.

I also put an extra 4 000$ in the TD Waterhouse account. So now I have 9 000$ to purchase stocks. And I am kind of lost at this point. So iShares or stocks, I am kind of desperate. The best option should be stocks I believe, and maybe I should stick on the ones of Derek Foster book, even if after what happen at TD Waterhouse, I really begin to hate the man. The thing is he explain that he start with a TD Waterhouse account and the eServices, without suggesting his readers to do the same. At some point, the guy has responsibilities toward his readers, even if his books start with a disclaimer. And especially knowing his books are bestsellers. I just hope he is saying right.

Budgeting budgeting budgeting

I am getting sloppy with my expenses! It’s been 2 months in a row that my expenses reach more than 1 400$! What’s going on with me!!?

I took a lot of my expenses for the month of May so far…… and it’s not looking good at all:

Various expenses put on credit card: 674.77$
Rent: 520$
Student loan: 165$
Metro pass: 67$
TOTAL: 1 426.77$

I know I could easily save around 360.85$ in those expenses. I just need to be more vigilant about eating out and I need to slow down on coffee. At some point, I buy 2 coffees per day, one for the morning, and the other one before I hit my full-time shift.

It’s a good thing that I don’t have a phone, cellular, Internet and cable bills to pay, it will just ruined by budget. For the Internet, I am quite lucky, I get thought it the Wireless, and instead of a phone, I have a little pager. Its working fine for me, as I purchase a 20$ card to place calls. One of those cards last for about 3 months.

This week is the last week of May and I promise myself not too spend a penny more that what I have spend so far. It won’t be that difficult, knowing I had about 100$ in cash. A part of the money will go to my metro pass.

About my TD Waterhouse account

When I first open my account at TD Waterhouse, I invest 4 000$ in it. I invest an extra 2 000$ not so long ago, for a total of 6 000$. I was planning to invest an extra 2 000$, so it will make a final 8 000$. But now, I do not know and I don’t know which direction I should take. And it’s all because of a stupid letter I receive from TD Waterhouse.

I also have that 7 000$ to invest for my RRSP, so starting next month, I will begin to save for that RRSP. I just hope to be able to save enough money to follow all my plans. I am getting better with my cold and since I was off this morning, I slept in and later on I try to do some search in those iShares I am so interested in. I had an eyes on the iShares for quite some times now, but I could never invest in them, since the only way to purchase them is with a brokerage account, which I now have, but I do not know anymore if I should stick with TD Waterhouse.

TD Waterhouse or not, I plan to purchase 8 000$ in iShares:

2 500$ in iShares CDN LargeCap 60 Index
2 500$ in iShares CDN Materials Sector Index
3 000$ in iShares CDN Energy Sector Index

Each transaction will cost me 29$ each, if I stay with TD, for a total of 87$ (and does taxes applied??). There’s still a lot I don’t know about my TD Waterhouse account, like will those fees will be bill to me or will they send a somewhat invoice. I have been giving a brochure, but it doesn’t worth nothing, it’s not like a step by step guide and there’s nothing there that can help me.

The only reason why I get a TD Waterhouse account is because Derek Foster has one. At least it’s what he said in his book. And than I kept wondering if TD had paid him to be there in is book…. Anyway, so far, I don’t have many great things to say about TD Waterhouse. A big plus for me is that there is no fees related to inactivation, like if no investments are made for a long period of time, I won’t get any fees because I register to the eService. This is perfect for me because all the investments I made are for a long term basis. I begin to invest in 2005 and since that time, I never pick money in one of my mutual funds or other.

But I cannot say I do recommend TD Waterhouse because their customer service is really disgusting. A clear example of that: whenever you call to have information regarding your account, they don’t ask for security question. For a call I made, the last one actually, I call, and ask question to the customer representative about a letter I receive. I provide my account number and my name, and than I begin to discuss about my issue. Than, I was shock that the representative begin to answers to my question, without asking any security question. Than I told him, you’re giving me information on my account without asking any security question to confirm my identity? He told me that no transaction was aloud, so for him, it was ok to answers my question, check my profile without asking any security question. What a loser. What if one of the letter they send me get lost over the mail, someone else get it, open the precious letter, than, another person than myself has access to my account number and my name. After what that person can call TD Waterhouse, and ask question regarding my account……

If you have taught of TD Waterhouse for your brokerage account, beware. I am thinking of switching to someplace else. I was told that there were no fees for closing the account. So bet what I am doing to do?

The reason of my call was simple, I receive a letter from TD Waterhouse telling me they wanted to confirm my social insurance number and also, they were in need of a piece of identity. They were asking me to send via mail my social insurance number and a piece of ID. I was very upset, since I had presented those pieces when I first open the account. It doesn’t make any sense for me to send my valuable social insurance number to some of the biggest losers of the world via the mail, knowing it can be lost.

And that letter was sign at the name of their Vice President, Lisa O’Toole. I couldn’t believe a Vice President was asking me to send my social insurance number and my piece of ID, which was a birth certificate, by mail to them. I find it so unprofessional. And I am not even talking about the service I receive at the TD Waterhouse located in the Eaton Centre of Montreal. Because no one wants to really know about it.

At this point, I don’t know if it will be better if I close everything, knowing TD Waterhouse agents do not care about giving information to the right person and their Vice President Lisa O’Toole doesn’t care if my ID will get lost in the mail or not.

I hate TD Waterhouse.

My overtime is back!

I get all excited on Friday evening when I learn that overtime was available for the weekend. But what I dislike most about it is the fact that I learn it by another co-worker that overtime was available. Some co-workers had been called, other where tell at the work place itself that overtime was available, but no general announcement was made. Since December, I have been working roughly 50 hours per week at that job. So I really didn’t like at all to learn it by somebody else that overtime was available. Like if I was not a good worker or something like that.

But another is that they required that we do the whole shift, a 7.5 one. Usually, on Saturday and Sunday, I only work part-time shift. I don’t want to burn myself to dead, since I work also part-time in a survey job. It might be the reason why I didn’t learn about it, since they are use to see me working part-time shift on Saturday and Sunday. I would have appreciated it if someone had told me that overtime was available anyway, since there was none available for quite a while now. Anyway, I plan to stay at that job for a year. After what I will probably have my 50 000$ and I will be able to move forward. After what I will have gain experience and be able to find a job someplace else that pay better.

So yesterday, I went to work, I did the whole shift and I was very tired. I have a cold and I had been sick lately. I have a bad headache. I slept late today and stay in bed.

So it’s why today I slept late and stay at bed. I didn’t want to work today. I find it already hard to go to work yesterday, even if I only begin at 11h. I could have work again today, but I am too tired and prefer to stay home and write on my blog. I miss blogging everyday like I use to do. But it’s kind of impossible now, with that work schedule from 9 am to midnight. I find myself quite lucky to find a part-time job that fit in my other full-time job. I just hope things remain they are until the end of the year.

Up, up, up!

Wow! My mutual funds are doing so well at this time. And I didn't any money I have invest yet in my TD Waterhouse account. I was planning to maybe add an extra 2 000$, which made 6 00o$ in total. I have too much money in my banking account and that money is doing absolutely nothing. And I really think the iShares are a good place to start. I couldn't start with the real thing right away, even if I read Derek Book's. I am not completely feeling secure about stocks because I didn't do my own search.

And also about that DRIP thing he explains in his book, I am not feeling that sure about it. It's too difficult for me to invest monthly. Just like for my RRSP. I prefer to invest all in one time. I didn't register to any DRIP yet.

I had been quite busy at all kind of things. And since I work from 9 to midnight from Monday to Friday, there's not too much I can do during week days. But I like it because time pass really quickly and money just keep coming in my bank account. I work at really low salary job and for the studies I made, I deserved much more. But at this time, let say everything fit well together and I don't mind too much.

Next week is going to be better because I have Saturday and Sunday off and I will be able to do my search and maybe, purchase my first iShare units. Finally.

Getting close to my first 50 000$

I am only missing a bit more than 13 000$ to reach my first 50 00$. I pay my credit cards each month, everything is going smoothly. I have more than I expect in regular saving. Which is good, because for next year, I exactly have 7 120$ that I can invest in my RRSP. Knowing I invest the max that I can in my RRSP each year, I need to have 7 120$ ready for next year. And 7 120$ is a lot of money.

It’s been my first weekend off since a really long time and I enjoyed it at… the Library lol. I didn’t get a card from there, so I subscribed myself and borrow some DVD and books.

I have registered myself to the eServices of TD Waterhouse, to avoid those fees for inactivity. I once get confuse because I am using the French site and on the French site, eServices is being translated by CyberServices. They should had keep the same name, would had been less confusing. Anyway, I went thought the whole site and it’s appear to be really easy to sale and buy shares. I have 4 000$ in there, ready to get started in the wonderful word of stocks.

I had an eye on the iShares for quite some times now and I would maybe like to invest 4 000$ in one type of iShare. The trick is that I will pay 29$ for any 1 to 1 000 stocks being bought or sale, so it didn’t worth it buying 1 000$ in about 4 iShares, because it will cost me 116$, before taxes… I am so used to buy a little over here, a little bit over there… Those times seem to be over for me. I just now to do my search on the iShares more seriously and get ready to buy my first stock.

Another week

It’s been my third week working at my full and part-time job, all during week days. It’s not as bad as I taught it will be. I can actually wake up at 6h45 to hit my job at 9, work there until 13h30, run to my full-time job. My work schedule had changed at my full-time job so I might be able to set an appointment at the RBC to open my free banking account. That way, I will finally be able to take a look at my investments and see if the money is still there….

I use to work at another job during the weekend, which was my third job, but recently, I really begin to dislike it there. Today I was passing by the office and it’s seemed like they were close. I did some overtime at my full-time job today (my overtime is back). I prefer to do some overtime than continuing to work at that part-time job. Once, I had call to cancel a shift, I wasn’t able to work. But they finally never cancel the shift and they call me to know what was going on… Which I find very unprofessional since I had call and speak to someone about it. Anyway, it’s been 2 weeks since I didn’t work there.

But things are going pretty well for me anyway. I just need to keep going on like this and I will probably reach that famous first 50 000$ before the end of 2008.

Because it's all about money

Everything is going so well at this time for me. My mutual funds are doing ok, my TD Waterhouse is now open, I am about to bought my first stocks, I have a part-time job, I might have overtime available at my full-time day job on weekends and I am only missing like about 15 000$ to reach my first 50 000$. Finally.

But, I had purchase clothes, 150$ for a spring jacket…. So expensive but so pretty, I couldn’t just not buy it. I got my hair cut, it cost me something like 10$, and buy 2 pair of jeans, and a new t-shirt, and a night cream of Yves Rocher that I didn’t even applied yet… All for 219.81$. Dutch.

I know it’s not that much, but I try to manage everything with really tight budget…

I get my taxes done, it will be done by next Saturday, and it will cost me 160$... I calculate my income after taxes, and I almost reach the 45 000$. I made around 43 000$.

So my extra expenses for this month is about of 379.81$. Not too bad. I am just missing a pair of sandals for this summer. After all, I will be done with shopping.

I now have an account with TD Waterhouse

It wasn’t that difficult to open an account with TD Waterhouse. It was not difficult at all. But the funniest part was when the girl asks me what I wanted to do with the account. I told her I wanted to buy one stocks of all of the above (I had my list I show her). Than, she tried to understand me, saying that it will cost me 29$ for each stock I buy. I didn’t provide more information on why I wanted to buy one single share of each. I wanted to open the account as quickly as possible. I told her I wanted to open the account on today, and that I had previously had purchases GIC and mutual funds with TD, and that I now wanted to purchase stocks.

Is it that difficult to understand?

One thing, TD Waterhouse has no connexion with the regular TD. When I presented my TD card, she told me she didn't need it, that she couldn't access it. That kind of information is always good to know.

I had a problem, like I don't have any Quebec ID. I couldn't find my license. And let say it, I don't want any Quebec ID. I don't like being here. Quebec is the worst province of Canada. So I told her I had invest in RRSP in Quebec with TD this year, and that she could verify my TD account if she wanted. But she told me she couldn't access to that account.

After she was done with her questions, everything went fast. And it was so quick that the girl at TD Waterhouse didn’t even present herself to me, she never told me her name. Wow.

Anyway, I don’t care, my account is now open, but I cannot access it via Internet yet. TD is too slow.

It was really easy to open a brokerage account. No appointment need, as I already had an account with TD for investments. I just need to present myself to a TD Waterhouse with 2 pieces of ID. From the date the account is creating, I had to wait 2 business days. And than, I call their IT team that have another name to combine both account – TD Waterhouse and regular TD. When I call, they also provide a password, which is a temporary password to buy and sell stocks. I only call this late Friday night, so the combination should be ready by Wednesday. I proceed with a first 4 000$. The only thing is that anywhere between the one to 1 000 shares, it cost 29$ per operation of that type. But I don't mind. I will buy and hold forever.

Once both accounts will be combined in one, I will be able to register to eService. That way, I won’t have any fees, and I will avoid the inactivation fees.

I just cannot wait for next Wednesday.

I want my overtime back

I was very use to do some overtimes at my job, as they offer overtime to everyone almost every single day since I begin there, around 4 months ago. But now, for a reason or another, they don’t aloud people to do overtime now, which very disturbed the employees I know there. A bunch of people had quitted the job, some during the training, other weeks after they begin at the job.

I am staying there only to get experience in a call center. I know call center are not being consider as good jobs, it might only be the case in India, but still, I love working in a call center because there’s always or almost always work that need to be done, as you receive calls most part of the day. I previous work at place, like in government places, and in another job in translation, which I quite because I find it terribly boring and I was tired, trying to please the stupidest people of the whole world.

I won’t say things are incredibly better now, but still, when I arrived to work, I connect and I deal with customer, not with unfriendly co-worker, at least. And at this point, I really don’t pay too much attentions to details that disturbed me, because the only thing I care really about is reaching my first 50 000$. I am no longer trying to please no one and when I am not happy with something, I almost yell. Almost.

So let say that the part-time job I am starting on Tuesday just came at the right time because I was getting ready to quite my day-time job.

I am just not happy at the workplace and I want to quite working as soon as possible. Please God.

I will probably be able to reach my first 50 000$ in the next 10 months

It's going to be crazy, but I had training on Tuesday for a job I had applied to about 2 months ago. I am going to work there in the morning. In the afternoon and evening, I keep the current job I have and in the weekend, I keep that part-time job that’s sometimes going on and off. I am going no where with those bunch of all jobs paying less than 15$ per hour, but I don’t care that much, because I plan to get an income of 800$ weekly after taxes with this, and I know there’s no way I will be able to get 800$ weekly from a job after taxes, especially here in Montreal.

I read in Canadian Business the story of a man who kind of did what I am trying to do and I find it very fun to read.

I don’t know if I am getting anxious or something, or maybe it’s because I drink too much coffee, but last night, I barely sleep, and I really wanted too, and when I wake up to go to work this morning, my back really hurt for a major part of the day.

The pain is gone and I didn’t take anything. I took a look at my taxes paper for what I wish will be the last time for this year. I plan to get my taxes done by tomorrow. Only problem is I might need to do a photocopies of the paper. I am a bit anxious because the way it’s work, you had to leave your paper there and they get it done within 10 days.

I no longer go to H&R Block as they charged me an extremely high fee, 350$ for my taxes last year. I do not recommend H&R Block, especially if you do work as a self-employed, because they charged too much. When they charged me that 350$, I had 30 000$ and something in total income.

I just hope my tax papers won’t get lost.

I finally find a part-time job

I had received a call today regarding a part-time job. I had an interview back in January, but back than it didn’t work out, since I already had an evenings jobs. The part-time begin next week. I just hope it’s an easy job, because when working full-time, with a part-time job at the same time is barely possible.

I now have to do my taxes before next week, because after that, it will make it too difficult. I just can’t wait to make it done. I find it so annoying. I just don’t know how much it will cost me this year.

I call today TD Waterhouse and it’s seem like the info I find in the Lazy Investor are still up to date because I ask a couple of questions and everything was just like it was explained in the book. And good news is no need to take an appointment, I can just present there anywhere I wanted. So I will try tomorrow for TD Waterhouse and next week will be my taxes.

I just hope it will be easy at TD and it will be done quickly and smoothly.

So for next month, I just hope to be able to make around 3 000$ after taxes, but it might be difficult to achieve.

A very occasionally part-time job

I went to my job interview today, I forget to bring a resume with me, but it’s seem like it didn’t bother, and no one ask me for a resume while I was there. Its want fine, but the job is only occasionally on weekend. Like they were open today, but are close tomorrow… I believe they pay the minimum wage, I didn’t ask. I fill out a form, and that was all. Let say my search for a steady weekend part-time job continue. And I won’t mind working a few mornings a week.

So I work from 13h to 16h, and on my way back home, I wanted to go to the Chapters to read magazines, like I usually do when I am downtown and, a few block away, I notice there was a bunch of people in front of a store….. The store was Browns, and Paris Hilton was inside! There weren’t that much people outside, but she had arrived at 15h and she was still there past 18h. Actually, I stay there for a while, I was able to see her, signing autograph. After a while, my foot where hurting, so I went to the Chapter. To sit a bit, than went back to Browns, after back to Chapters as I couldn’t stand staying there too long... And around 20h30, Paris left the store. It might be a very long day for her because outside the store, it was saying she was supposed to be there between 15h and 17h, but she only left around 20h30, and from what I heard, her mother was with her. But I didn’t see her.

I just calculate my income in date of today. I am not doing that extraordinary well, but I am doing ok. I just need more cash, and it’s not by working on Saturdays for 5 hours that I will make it happen. I need more important cash flow.

Trouble co-worker

I had a co-worker of mine who had a trouble past. She’s VIH and had a criminal record, she caught catch buying drugs. And I get very anxious when she told me she had applied to a job at CIBC. The things are that she can be very nice, but at the same time, I caught her taking very nastily in my back. I used to hang out with her a little and we did volunteer work together for a foundation regarding VIH.

So when she told me she had been approved by CIBC to get a job there, I was really anxious because I didn’t want her to get into my investments and my credit card. I didn’t want her to have access to personal information on me. So for a couple of weeks, I wasn’t doing to well, but I felt a lot more better when she told me she finally didn’t get the job at CIBC. We work together at a call center and myself, I would like to work in the call center of a major bank. For now, I am not doing the move, as I feel ok where I am right now and the salary is good with overtime, since I can do so. And I work so hard just to be able to learn only the basic tasks of the job, I won’t go now and anytime soon, unless I get fired.

My trouble co-worker continues to search for another job and she keeps sending me some jobs offer. But I won’t change of job only because she wants me to do so and that she keeps making fun of me on behind my back. During daytime, things are ok, as we receive many many calls and everyone is busy. Our breaks and lunch times are not the same, so I barely see her. She might believe I am a complete idiot because she kept asking me to do volunteer work with her. I went with her one time. After I caught her making fun of me, she asks me again. And I refused to go with her.

Another I don’t like about her is that she touches unemployment insurance while working. Of course, she caught catch, and now, she has more than 10 000$ to pay to the government. She has all the money she needs to pay off the debt, but she keeps it, because she wants to buy a car. I don’t know what exactly she was thinking when she told me that, but yeah, I am a tax payer and she doesn’t have the right to live like a queen when I am paying 350 weekly on taxes of all sort. I just hate her and I don’t understand people like her. Her father is a doctor. I don’t understand what went wrong with her.

But it’s true that Montreal is a big city and there’s all kind of people living in it.

I have an interview Saturday for a part-time job

And it was about time! If it works out, I might be able to work 6 hours on Saturday and another 6 hours on Sunday. It will help out to pay my bills. But the thing is that I will miss Paris Hilton! Paris Hilton will be in Montreal to promote her shoes....... She will be at a shop call Browns or something like that located on St-Catherines... It's too bad I am going to miss her.

I had received a call from my late part-time job, saying I could work Saturday and Sunday of next week. Which I appreciate, but at the same time, I am getting upset, since they didn't give me this Saturday and Sunday. Anyway, I am going to see how things will turn out this Saturday at the interview. It's just too annoying.

To change of topic, my mutual funds are doing great, but I still did not recover from my lost. For some I am doing really well, some other so-so.

I didn't do my taxes yet and I still didn't call TD Waterhouse. I just have too many other things to do for now. Buy I can't wait to get started.

Job job job

It's now the end of March and I did a few things that need to be done for a while, like paying my credit card debt, by just hoping I will ever again have credit card debt.

Everything is going fine at my full-time job for now. It will be my 5th month there and so far so good, I plan to stay there for a while, since I make an average of 1 000$ paycheck every 2 weeks. And that income is after deductions.

But things are not going that smoothly at my part-time job, as they cut me again from work. When I call to give my hours for next week, they told me they didn’t have work for me anymore. I work there for about 7 months last year. They had a major slow down on January, but in March, they email me, saying I could work for them during evening and weekend if I wanted. I couldn’t work during evenings because of my full-time work, but I told them I could work on Saturday and Sunday...

And now, we are the end of March, and they are telling me I won't be able to work for them anymore... I am very upset about this, as I believed I could work on weekend for the next couple of weeks for them. Anyway, let say that, once again, my search for a part-time job continue. I just need to get over this and stop working for them and go on with something else. I am willing to do anything.

I began my search last week, I applied at 2 jobs. The 2 places were interest, but one is on evenings only, witch I can’t because I already work on evening at my steady job. The second one seems to be ok for now, but the thing is I got a hard time to get in touch with the recruiter, since I only have a pager. I return the calls, try to reach him a couple of times, but I wasn’t able to reach, which is very frustrated. I just hope I will be able to reach him tomorrow morning and hope that part-time job will work out.

Getting ready.... to do my taxes

I contact Caisse Desjardins a couple of days go regarding a problem I had. I didn't receive a tax paper, for Fidelity Frontiere Nord, for the simple and good reason that, according to them, they were not in the obligation to provide one for a reason that I still don't fully understand. But the good news is that now that I have all the papers in hand to proceed with the taxes.

I wanted to do my taxes by myself, but knowing how bad I am at calculating some time, I might just give this job to a professional. I have dozens of papers: from jobs, non RRSP investments, RRSP investments, bank savings account. I also have to declare something like 3 000$ as a freelancer, etc... The only thing I had left to do is to find myself someone who will proceed for me. And I just hope it won't cost me too much.

I have this, and I still have that search for a part-time job that continues. I would like to be able to do those taxes first, and after the taxes, and after open the eServices thing at TD Waterhouse. I could actually do the application online since I already have investments with TD, but as usual, I feel completely lost and I want to make sure I enroll to the right thing, as suggest in the Lazy Investor. So I might want to try to see if I can do this in person instead. I don't have that much to do, but when you work 50 hours weekly, time go past really quickly and I find it difficult to do everything, in reasonable time.

I like the all concept of "lazy" thing because, as it shows in the cover, it's a "no-thinking strategy" and no need to think or to work hard at it, because I already work hard enough. I am just way too curious about the "share certificate". I can't wait to have my first share certificate in hands.

Getting ready to purchase my first stocks

I just complete my second reading of Stop Working and The Lazy Investor.

I now feel more confident about the whole process regarding the purchase of my first stocks. I plan to follow the method explain in the chapter 9 of the Lazy Investor. I just hope it will work out for me. This is the perfect time for me, as I begin to have enough of mutual funds.

Once I recover from my lost, it could be a good idea to sale my mutual funds part to purchase only stocks. Someone who will have understood something from those 2 books will probably do so. For the money I had invest in mutual funds so far, I might want to keep the money were it is for now. Because once enroll in the whole process, it could be difficult to sale stocks if I am in need of money.

I first need to open a brokerage account. For the rest, I follow point per point the investing method explains in the chapter 9. What a chapter!

Another week at work

I have receive my pay today, another 1 000$ in my pockets. Today, the weather was so beautiful, I would have spend all day walking around and stuff but I have too much to do this morning.

I had applied on today for 2 part-time jobs and I received a response for one of them. I wasn't able to call back since I notice I had received a call around 4h30 this afternoon and I was at work at that time. So I will call tomorrow morning. I just hope there will be something for me for Saturdays and Sundays and maybe even a few mornings per week. I would like that. Because the part-time job I have right now is not very good, I am only working there this Saturday.

I notice price of units of my mutual funds want up again. I just hope it will continue like that for a while. I would like to recover from my lost. I didn't calculate my overall value for a long time and I am waiting for the good time.

In the overall, things are not going so bad, only thing is that I haven't did my taxes yet. I have one problem to resolve regarding a mutual fund, non RRSP investment I have with Desjardins. The problem is the following: I didn't receive any tax paper for the Desjardins Fidelity True North ® Fund. I have initially invest 1000$ in 2005. For 2007, I didn't receive a tax paper. So I call ACCES-D. I talk to a representative that told me that if the fund had produced an income less than 150$, than, they (Desjardins) don't produce the appropriate tax paper.

And how come?

I am a small investor, I am paying high fees for that Desjardins Fidelity True North Fund and I should receive the help I need in order to be able to fill the forms for my taxes properly. Or at least be able to make it done by someone else with the appropriate information. The problem is that the representative couldn't (or wouldn't, I don't know) provide me the information. The representative told me to call my Caisse Desjardins.

Which I did. But at the Caisse Desjardins, they told me who was kind of in-charge of my field at their Caisse. I call yesterday, left a message to the one I was supposed to talk too and in date of today, still no answer. How come an institution like Desjardins doesn't provide help to their small investors. How come they don't provide a proper tax paper?

At some point, I dislike RBC service (for a reason I didn't write about yet, but I will soon), TD (see previous post... outch) and now, it's Desjardins.

Now than ever, it's time to buy stock, following whatever strategy, and be no more under the authority of some whatever so call financial institution and declare my financial institution free freedom for the rest of my life. No more credit card debt, no more bank stupid mutual funds. JUST NO MORE.

It's going to be quite something for the tax, but I am going to do like Brian Mulroney, I won't declare my income. So it's not going to be really that of a problem next year. My hard time is over.

Of course I am not thinking a word of what I am saying.

Tomorrow, I will call ACCES-D, and ask to speak to a supervisor and drive everyone crazy with what might be an unusual request for them.

When I keep thinking about it, there might be plenty of small investors who, like me, had invest in non RRSP mutual funds. For those, when no paper is given, what are we supposed to do? Am I suppose to do like what I did for my ING Direct acount in 2005 and 2006, not to declare the income because no one ever send me a tax paper, as previously explain...

It is so complicate and I am so complicate myself.

Reading Derek Foster Books

I have been quite busy this weekend with work and it didn’t give me too much time to do what I really wanted to do: read Derek Foster two books I have bought from the Chapters located downtown on St-Catherine. It’s a good thing that it’s Eastern tomorrow, because I really need a brake and I really need to continue my reading.

It’s getting hard on me, since I finish work at midnight at my full-time job. And I had quite a few things to do as I didn’t receive the tax paper for ING Direct and for my Fidelity fund I have with Desjardins. As for ING, I find out that since I only made a few bucks with their interest, I won’t receive a tax paper. But the thing is I have that account with them since 2005 and since 2005, I didn’t declare any of the interest income I had received from them because they never send me a tax paper. But for this year, for a reason or another, I worried; I call, and give me the amount of the interest over the phone. So I don’t know what I going to do for 2005 and 2006, since I didn’t declare the interest gain. But does it really matter for less than 20$ per year of interest gain? I am all confused, as usual, and I don’t really need to do about it. Anyway, I am going to talk about it when processing with my taxes. So a lot is going on for me.

Unfortunately, my part-time job do not allow me to work both weekend days next week, which I don’t understand why, as they call be to come back to work. I was going to complain about this to them, but I decide to keep my mouth shut and keep them as backup. It’s really mean to them since I really was hoping to pay my complete rent with that money, but now, my hope is gone. I plan to take the day of tomorrow to apply to some part-time job. But at the same time, it’s not that a bad thing that I only work one day next week too, it gives me a little break. But at the same, I want a part-time on weekend really badly.

I was quite impress with my 2007 income, since I have earn more than 40 000$ in total. It’s quite nice, knowing than about 2 years ago, I barely hit the 25 000$. I really had a difficult time for work, as I once was in Ottawa, and before New Brunswick. I was quite happy to leave Ottawa, as I dislike their temporary contract with government agencies and their low pay. I wouldn’t like to work for the government for anything in the world. I get through a few contracts in Ottawa and I find them all extremely boring and poor work experience, as there was nothing much to do.

I want to post that final check to American Express to pay what I have left to pay, about 65$. So by the end of March 2008, I will be finally free of credit card debt. I continue to pay my regular expenses, with a Visa (I love Visa, it’s not like American Express, which seems to barely be accept where I go shopping). Only places I where able to pay with my American Express is at Wal-Mart and Reitmans. Otherwise, groceries store do not accept AE. But I like AE because of its Air Miles. And I don’t give a damn regarding that report that they didn’t want to translate in French. I just dislike living in Quebec sometime. I don’t like the mentality they have here and their law is too complicated. I just hope I will be able to do like Derek, retired early and move in another province, someplace near the sea. In a cool hot place in the Maritimes.

I really want to follow the strategy of Derek Foster to buy my first stocks and this time seems to be a good time to buy bank stocks. I begin to read The Lazy Investor, which I really like, as it’s describe step by step what you need to do to follow his strategy, which I won’t explain in much details here, as it’s his strategy. I wasn’t able to finish the book yet. And I have trouble to fully understand each steps. But anyway, I am going to study more deeply his books tomorrow. I also buy last week Stop Working, but I wasn’t able to begin the reading. Those two books are the first one I have buy since I graduated. It’s too bad I didn’t pay more attention to his work before because I could have done much better on reaching my first 50 000$. Tomorrow is Easter and it’s a good time to read, but as always, I have other thing to do. And it’s too bad stores are not open because I would had like to shop over for bargains; I need a new pair of jeans lol.