Better be careful on what you say about TD Waterhouse on the WWW because those guys are EVERYWHERE, reading ABSOLUTELY EVERYTHING, including this blog! I am just joking of course, but I did received an email from TD Waterhouse today. They send me an email regarding the complaints I post on my blog, for the margin episode. They also answered my questions regarding the President's Account of TD Waterhouse. And no, I do not qualify at this time for a President's Account at TD Waterhouse. I am just missing a bit less than 300 000$ for a President's Account at TD Waterhouse. Interesting isn't?
Today before going to work, I took a quick look at my broker account and my non-registered portfolio value was at more than 75 800$! I was like whattttttt??? If it could just to straight up to 76 000$ without any new investment, I would be more than happy.
Remember when I said that I was charging 29$ in commission fee from TD Waterhouse following the arrival of my margin account? Well, its seem like that problem is now fix. I called TD Waterhouse - again - yesterday, and now everything is back to normal. I am back to the 9.99$ in commission fee. Wicked. I would like to place another trade before the end of 2010... Like right now, it's really the count down. As you can imagine, I am very tempt to use some of my margin money available to trade even more. I have more than 38 000$ available right now to do whatever I want. A getaway to Cuba whatever else lol. I already use 2 000$ of the margin money available to invest in 200 units of Horizons Gold Yield Fund (HGY.UN). Investing using margin money is very appealing. But in case of a bad luck, or a sudden stock crash, I could be in trouble. In those difficult days, everything can happen. So margin yes, but carefully. I had in mind those buy-and-sell investment ideas on the back of my head. Like you know, purchase a good quality stock and sell it when a 200$ profit is made. When calling so many times TD Waterhouse about my questions on margin, I had been giving the example of TD stocks. So I had that idea to purchase 200 stocks of TD and sell them as soon as a 200$ profit would be made. Risky? Dangerous? Partly yes. But not that dangerous when the trade involve quality stocks. Anyhow, having that 38 000$ available for investment purposes is certainly giving me plenty of new ideas on how I am going to make money in the future. It's not something I plan to do, it's just an idea.
I received today some fresh new cash from my online earnings! I had received 155$. Nothing much, but earnings a couple of pennies on a hubby is great. So far so good, no other HubPages of mine got unpublished... Writing can be so difficult sometimes, especially when English is not your first language. I had many ideas for HubPages, so I should be hitting the 100 articles on HubPages by the end of 2010!
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