When the pretty girl next door is an investor and turns the world upside down...

Investments and life and why my life is all about investments… for now

It’s just making be laugh and I actually have a lot of fun just writing stupidities like that one: “my life is all about investments”. Like wow lol. Of course, my life is not only about money but gees I like money. I cannot help it I like cash! And I begin to have a whole bunch of it! LOL!!! I need a good laugh like this one after crying late in the night for what happen yesterday. I couldn’t help it. I am feeling better today, but life won’t be ever the same. Or would it remain unchanged? Life gone on, for myself as I am still alive. But good news today as TSX continues gaining points.

The privilege to be rich

At this time of my life, I am grateful to have almost 50 000$ of my own in investment. And for many reasons. I do consider myself rich even if I hold bunch of debts.

What I like about investing outside an RRSP account is that in case of need, the money can be withdraw quickly and easily. And this make be feel secure and safe. I am not stress by life or should I say, I am less stress in life because I know that in case of bad luck, I have money that is just waiting to be use.

I now almost have 50 000$ (in RRSP and non-RRSP) and for while, since last May actually, I taught wow, that’s a lot of money. 50 000$ is a lot of money and I just don’t remember exactly how I did it lol. Anyway, I really have to work into paying my debts. Forget about the student loan for now, I am talking about real debts, the 4 990$ I have in credit line debt at 8% and the 3 000$ at a special interest rate for a couple of months. Right there, it make around 8 000$ I have in bad debts. The 3 000$ being the most critical one.

Thinking about it, 8 000$ is a lot of money too knowing it’s debts and I should seriously be job seeking because if I plan to be so call financially independent, I have to work on paying on some of those bad debts.

Until now, I was more or less concern about my debts, using my credit line to invest, living happily and investing my money in whatever investment products that I found interesting. I did mistake along the way, I did a bunch of them actually but learn form them. I didn’t fall enough to tell myself I am done with investments, I will never again invest. It’s the opposite that happen… And that’s part of the reason why my TD credit line is... full lol.

I like to diversify my portfolio in a fragmentation of little pieces and all those little pieces are preciously being invested in different investment products. And I could easily add to that that those little investments are like a piece of my soul. And I lost 24% of my soul this year by the way lol.

I lost 24% of my overall investments. This is super great in the following way: I could have lost much more money than that! I had been lucky and unlucky. Lucky because I didn’t lost more than 24%, and unlucky because, well, I lost that 24% lol.

But as I previously wrote in a previous post, no lost is official until the investment being sold right? So guess what, I didn’t lose any money yet because I haven’t sold any of my investments. I actually never sold any of my investments. Just this trick I am trying to do with Dumont Nickel (DNI). But it’s about all. I won’t become a huge penny stocks trader I believe – I begin to hate penny stocks!

I lost most of my money in Timminco (TIM), Sprott Inc. (SII) and 2 mutual funds. Lessons learn: diversify diversify diversify! I had invest more than 7 000$ in Sprott big mutual fund star and it was way too much at the same place! But I learn my lessons and I will no longer invest more than 5 000$ on the same spot. From my point of view multiple investments = lower risks. I am 28 years old and I already understood – a while ago – this simple rule. But seem like those who where consider as Quebec’s best investor like that awful man at the name of Henri-Paul Rousseau haven’t an idea on how to invest or have follow their investments class in … Quebec lol. I am not saying I have the best way, but gees, I only had lost 24% value and this well, again, from my point of view, almost make me a genius. And I should have more than just 3 readers register in my FeedBurner. Like come on… lol… Seem like in Canada, well from my point of view always, it’s in Quebec that we find the biggest losers, impostors of all time. Best investors come from New Brunswick. Of course. Small investor do not need the help of the Caisse de dépôt et placement du Québec to make money out of the stocks business. The institution should just close their doors. I won’t ever invest through the Caisse de dépôt et placement du Québec. After loosing millions of dollars, the institution should just close their doors. I don’t trust Quebeckers and it’s part of the reason why my banking account still and will remain in Ontario. Quebec is such a shame.

Anyway, I strongly believe in this diversification strategy and you can see by how much I diversify my portfolio that I truly believe in this diversification rule to which I stick to.

This is just how great my life is with investments and without the Caisse de dépôt et placement du Québec.

Now, I need to find a day-time job, get more organize for once in my life, and pay off some of my horrible debts. I also have to make valuable gain from some of my investments in order to recover from my 24% soul lost. The easy way: it will be to invest 5 000$ in the Creststreet Alternative Energy Fund – class A. I already make 100$ from that fund, for an initial investment of 1 000$. The 5 000$ could be consider as a one year investment. What I need to recover from my lost is… more money!

An angel is now in heaven

Today had been a sad day.

Two beautiful superstars had died on the same day. But I was very sad for the death of Michael Jackson. Something was not going right at all with his comeback. It’s been said that he was on an ongoing physical training and all that. But I remember, just a few months ago, there’s been pictured revealed where we could see Michael Jackson in a wheelchair, followed by his children. On those pictures, he was wearing a chirurgical mask and he was looking skinny. His skin was also very white. How come a few months after it’s been announced a big comeback with several shows in London and how come he had been set on an ongoing physical training? So many questions remain without any answers. And it is so dramatic.

Maybe this comeback was representing too much work and maybe it had caused his heart failure. It was also said that he was suffering from skin cancer. Regarding his physical training, I read somewhere over the Internet that Michael Jackson had been see healthy enough to follow a physical training. But what if it wouldn’t be the case? Was there anyone to take care of him? What went wrong? I just don’t understand.

Overtime is… death

The good news of yesterday regarding my overtime at work didn’t last for long. I did 4 hours extra at work today since overtime was available. But later on during the day, we were advice not to do more than 40 hours weekly… How annoying!

Seem like I will have to begin a serious job searching. What I was desperately trying to avoid didn’t last for long.

My situation won’t get any better until I begin job searching. A good reason for job searching: my debts!

My debt situation:

TD Visa: 2 999.97$
Credit line TD: 4 989.19$
RBC Visa: 251.55$
Student loan: 10 627.99$
AE: $51.72
TOTAL: 18 920.42$

Until that time, I am looking forward to watch my expenses and live on a budget. Which I was doing more or less these last couple of days.

Minimum require:

Visa TD: 26$
Credit line TD: +-60$
Rent: 535$
Student loan: 165$
AE: 10$
Internet: +-35$
Food and other: 300$

TOTAL: 1 131$

I make 720$ bi-weekly after taxes from my evening shift, not much, but it’s more than I need to cover my basic need. It’s make an extra 309$ to pay off on my debts. But 309$ is not enough to pay off my debts. The only solution: job searching! Which I have to begin tomorrow. If not, live is going to be rough and miserable, no more investment, no more shopping, no more big payments for my debts.

When overtime = good news = $$$

I just received my new driver license on today. I am only missing my health card now. Something incredible happen today at my evening job: overtime is now available! It’s since last Friday actually. But at first, I taught it was only for that weekend. There was some overtime available today too…and there will be some tomorrow… I am quite happy with it! Part of my money problems will be resolve.

Tomorrow, I plan to begin at 12pm. It will make a 12pm to 12am… But when money is needed, where could I possibly stop? I am just not in a job searching mood right now so I plan to do as much overtime as I can. Today went extremely well but we were receiving calls like crazy… This overtime news is very good but in order to do some I have to arrive at lunch time because if I arrived later, there will be no station available.

Anyway, I cannot wait for tomorrow. I would like to earn 2 000$ from that job for the month of July. I had reach 5 000$ on my credit line. I would like to pay off some of it and also my TD Visa, where I have 3 000$ at a smaller interest rate. I have about 5 or 4 months left. I would like to make a deposit of at least 1 000$ on my debts each month. My the end of the summer, I could at least clear of the TD Visa debt card. I don’t like to have this credit card debt. But back than, I didn’t have any solution, I had to pay 3 000$ extra in taxes. But I am so lucky in my bad lucks. I was able to get the loan at smaller interest rate.

I didn’t forget about my dividend goal. But I prefer to pay off some debts for now and will see if I can manage it all at the end.

Horrible Monday for the TSX... and me!

I taught we were on the road for recovery, but once again, TSX lost more than 300 points and is currently under 10 000 points. Very awful. I won’t be able to hit the 50 000$ value in investments if TSX keep falling like that. Anyway, life goes on. I was feeling tired this morning so I just slept in. Not that my weekend was that exhausting. This weekend was horrible at work because of a lack of numbers. No one wanted to answer the survey. And I don’t want to burn myself on stupidly like job searching lol. I am in a position where I can choose and at the same time, not... lol. But I know my problem.

Usually, I am full of energy; I can work and work and work. Money $$$ like crazy in my banking account. But now, nothing is working for me. And this morning, after seeing the TSX falling again, it makes me feel kind of sick. I should be stronger by now. It’s not the first time I am seeing the TSX losing points. But I cannot help it, each time the TSX fall, it make me feel bad. Sad for myself and my investments. And especially now, I taught it was going to be fine…

And check this out, yesterday for lunch, I wanted to go to the restaurant. Once there, my TD card, which only holds my credit line, had been refused! I had reached the limit! I have around 47$ in cash in my TD Waterhouse broker account. I just transfer 10$ on my TD credit line this morning. I don’t like when my limit is almost reach. My latest investment, 23 000 stocks of Dumont Nickel (DNI) really took it off! But at least the value of the investment remains stable at 3 cents. Dumont Nickel rock lol!

I should be able to do more things tomorrow. For now, I still have my evening job and, good news, some overtime was available this last Friday and also for this weekend. I love the stability of that job. At least one thing is doing fine.

At the end, I should be able to make things work out.

My week in review

This week was not super productive, but I guess I did some stuff a bit. I just find one job at 10$ per hour. They call me for their evening shift, but I am not available for now. And nothing for the day-time for now I was told. They were supposed to have something going on this weekend, but I haven’t been called. And I haven’t called either. Anyway, I am working this weekend at my usual weekend job.

My experience with penny stocks: Dumont Nickel (DNI)

I try to make money from penny stocks this week but it didn’t work out yet. But I am not in a hurry for money. And I am not in a hurry to sale Dumont Nickel anymore. Currently, I have a sale order at 0.04 cents, but I might modify it for 0.05 cents maybe on Monday or so. For me, Dumont Nickel had potential. Dumont Nickel own different mines in Canada and the US. It’s not like Blue Note Mining who only had one mine in Caribou (New Brunswick). Dumont Nickel price had fall to 0.025 cents today. And as always, no change for Blue Note Mining who remains at 0.01 cent… I am also looking into Stem Cell Therapeutics Corp (SSS) and also SIRIT Inc. (SI).

I am happy with my 23 000 stocks acquisition of Dumont Nickel. It’s actually the only positive thing I accomplish this week. As for the job searching, I need to invest myself in it a bit more.

Why should I be job searching after all?

I currently have enough to cover my bills for the month of July, which is nice. I wouldn’t like to have to sale some of my investments to cover the cost of my living. My lifestyle is cheap and I am able to pay everything with a 1 000$-1 200$ per month. As always, I wake up late again, around 11… lol. It’s seemed to be my favorite hour to wake up! I love my night shift. I wouldn’t like to loose it for anything.

And look at the hot news!

On yesterday Wednesday 18, Dumont Nickel (DNI) closes at a fantastic 0.04 cents lol! 0.04 cents could sound like nothing at all, no big deal. But once cent is one cent and with cents we can make hundreds of dollars in one small trade! I had place a sale order of 0.05 cents on my 23 000 stocks of DNI. But wouldn’t be great if I will be putting a sale order of 0.04 cents?

Let’s calculate….

23 000 stocks x 0.01 cent of profit = 230$ - buying commission of 29$ - selling commission of 29$ = 172$ in profit

(And on top on that, we need to add the taxes… but let’s forget about them for now)….

Just for the fun of it, should I but a sell order of 0.04 cents instead of 0.05 cents! YES!!! Let’s do it now!!! I think that to be able to make money from penny stocks, a close follow to the market is needed. Dumont Nickel hit the 5 cent a couple of days ago, but it was a couple of days ago. I might be able to make money sooner if the Dumont Nickel (DNI) goes up to the 4 cents again, maybe by the end of the day?

TSX gain some points and the company Dumont Nickel (DNI) seems to remain stable… So let’s take some action and officially make my first penny stock trades – maybe by the end of the day if I am lucky!

This is how much fun penny stocks can be!

There so many ways to take advantage of the market and penny stocks are one of them. It’s good to buy and invest for the long term, but it’s also nice to make money from trading! By doing this, small investors like myself can take advantage of the market volatibility, bu this time, in a positive way.

And from my point of view, risk of loosing money are low, especially if the investor is only looking to make a few hundreds dollars per trade on a penny stock trade. At least, it’s the way I see it.

About Timothy Sykes

I learn about Timothy Sykes while playing the analyst on Twitter. Than a guy response to me, and told me to follow his buddy, which I did.

I like this expression he is using on his Web site « short sale ». This is exactly what I am going to do with DNI. He also said the following about penny stocks, among the following: “the vast majority of people who play penny stocks are suckers and all-around ignorant people” lol…

So now, knowing the possibilities, tell me why I should be job searching for another part-time job? Tell me why...

Money, Magic Money

I just arrived from work. I cannot say up too late as I want to wake up early tomorrow. But I still wanted to blog about the Pengrowth Energy Trust (PGF.UN) dividend I just received. I might have received it during the day sometime, because I didn’t notice them again. On this beautiful summer day, I had received 52.50$ from Pengrowth Energy Trust. I am still “dripping” and I had received 5 extra new units. I am now at 530 units of Pengrowth Energy Trust. Which I find awesome. I really like Pengrowth Energy Trust. The trick will be to find another good investment like this one in another sector, just to diversify my portfolio a bit more.

I contact RBC today regarding a credit line. At RBC, they do not offer a credit line, but only a margin credit. And with it, the interest rate begin as soon as the money is being used… anyway, all complicated and stupid stuff I no longer want to hear about. But it won’t work for now because they want a proof of revenue and so on, and even something regarding my investment, as it could help me to obtain more credit. For now, I do not want to divulge my investment money. Not a bad thing it didn’t work out after all. But I learn at least that I had a good credit. This is nice to know. Maybe TD could just extend my credit line I have with them. I just don’t know.

I am working as hard as I can but my projects are just slowly moving on. Same thing regarding job searching as I basically didn’t do any job searching but it’s my own fault. Lazy me lol.

A quick way to make 442$ from Dumont Nickel (DNI)

I keep calculating and calculating! I could possibly had made 442$ today from trading on Dumont Nickel (DNI). Penny stocks are very fun for that.

Here what I could do, only if I had 3 029$ in my pockets right now (which I don’t have):

Purchase of 100 000 stocks of Dumont Nickel at 0.03 cents this morning and… as soon as the order being executed, sale it all for 0.035 cents... and make 442$! This could had been realize today, as the stock value of Dumont Nickel varies from 0.03 cents to 0.035 cents.

This is really interesting!

It’s possible to make money extremely quickly from penny stocks, but just a problem occur: thousands of dollars are needed. 3 000$ will be actually a good start. And I was thinking about opening a credit line with RBC. Since I have a 10 000$ credit card with them, could my credit line be of 10 000$ too?

I had been with TD Canada for my credit line for many years now. Since the start, my credit line had been of 5 000$, it didn’t increase over the time. RBC seems to be generous when it comes time to deal with customer credit.

Conclusion:

-A credit line from RBC is needed;
-I need a better paying job;
-I need an account with Scotia to pay only 19.99$ per trade.
-It’s possible to make money easily from one trade; the only thing needed is… money!

Explore and achieve.

Great news today!

I have no boyfriend, work at low salaries at multiple jobs, haven’t take vacations for quite a while BUT… I am might be able to make money from penny stocks after all. And I might be the next best thing that could happen in the scene of Canadian penny stocks lol.

This is really an exciting time for me. I am very happy! My order of 23 000 stocks at 0.03 cents for Dumont Nickel had been proceed. I now own 23 000 stocks of Dumont Nickel.

After trying to trade on Blue Note Mining, which price is still stuck at 0.01 cent, I move on, pick whatever penny stock company I find in a newspaper call La Presse. And guess what I find: Dumont Nickel. After what I did some search around the stocks. Seem like a good company to me and not too long ago, I think it was on June 11 or 12, a good news was made coming from the company and at a point, the stocks value raise to 0.05 cents. So what I did just now is that I place a sale order for 0.05 cents, which will be valid until June 30. This is super cool and dealing with penny stocks is a great adventure for multiple reasons.

First, not too much money is involved. The value of my investment with Dumont Nickel had been of 690$ + 29$ of commission, for a total of 719$. I plan to sale at 0.05 cent.

The only thing I need for this trade to work is another major announcement coming from Dumont Nickel – and it will need to be a positive one. Since the stock value had reached 5 cents not too long ago, it’s possible that the price will reach 5 cents again. Dumont Nickel had many mines at different location and still in activities. And from their Web site and from what I read on them, it’s possible to make some cash out on Dumont Nickel.

I wake up late again this morning. I got so anxious yesterday because of my job interview and about my health card and license renewal that. It’s exhausted be. But true I went to work to do a 7 hours shift.. Anyway, the week is the over yet and I hope to do better tomorrow. I would like to continue job searching to see if I can find a better paying job.