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Thursday, December 23, 2010

I got an email from TD Waterhouse today

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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