UA-300188601-1 The Dividend Girl: December 2008

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Saturday, December 27, 2008

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… :)

Thursday, December 25, 2008

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.


Saturday, December 13, 2008

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.

 

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