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.