Working on HubPages like crazy

I surprise myself this morning: I wake up at 9 :30am… I have laundry to do and stuff I wanted to be done before I go to work. I am working this weekend on both days – Saturday and Sunday – which is great because I really need the money. Everything is going fine at my evening job. Cash come in pretty easily. My portfolio (stocks and unit funds alone) currently worth 22 926.13$. TSX is up to an awesome 10 693 points this morning as I wake up.

I wasn’t able to begin my job search for a day-time job as I always went to bed so late, the next morning; I usually wake up around 1:30pm. The problem is that I really had a great time on HubPages. I wrote several articles on different topic. My latest articles were not as long as I wanted, but I put it publish as soon as I reach what I consider my minimum amount of world: around 400 worlds. The best is always to have a long article of about 1 000 world pack with a bunch of key worlds. But one publish on HubPages, an article can be modify. I can add content to my articles at any time. I now had published 21 articles on HubPages.

Since I started on HubPages, I Google AdSense income had sensibly increased. Yesterday, it had increased of 10 cents. With Google AdSense, the payout is of 100$. I am only missing 71.31$ to reach it. I cannot wait to receive my first Google check! It’s going to be so great! I belive I can make money from AdSense with HubPages, I just need to continue to write articles on a regular basis. It’s not as easy as it’s sound. I spend around 4 to 5 hours on each articles…

The difficulties come from the part that I am writing in English. It’s really a challenge. But it’s also difficult to make money from HubPages for English speaker too. It takes hundred of articles before an individual like myself can make good profit of HubPages. I had been active on HubPages for 3 weeks now and what I notice: the traffic. I have more traffic on my HubPages articles than on this blog alone!

Because everyday is magic

I wake up late again, but I was really in need of a morning sleep. Too much are in my head and I work a lot this weekend. I spend most of my free time on HubPages and, believe it or not, I spend hours trying to write those articles! I am now at 16 articles on HubPages. I have plenty of ideas on stuff to write about. I am only missing time and some good and solid English skills…

As always when I wake up, I take a look at my portfolio and… The TSX is up to more than 10 700 points… Really extraordinary. But if it ever felt again, it’s going to be a major deception for everyone out there. My sell order for Dumont Nickel (DNI) at 0.04 cents hasn’t been executed. In the meantime, Dumont Nickel (DNI) remains in my portfolio at 0.03 cents per stock – quite nice, I purchased the 23 000 stocks at 3 cents… No money lost (or just the too high commission fee of 29$ – TD Waterhouse), no money made…

But… My portfolio is getting beautiful everyday… My stocks and units portfolio is now at 23 198.41$, which is a jump of 314.41$ compare to the 22 884$ of July 25, 2009. And if we calculate 314.41$ + 48 591.98$ = 48 906.39$...

Which mean: I am currently only missing 1 093.61$ to reach my first 50 000$.

Is this real?

So far, the Derek Foster strategy is working fine for me. I hope to recover from my loses very soon. My loses are only my fault. Timminco (TIM), Sprott Inc. (SII) or the Sprott Canadian Equity Fund were my own pick and I failled with those investments.

But I am mostly proud of Fortis (FTS), Just Energy Income Fund (JE.UN), Methanex (MX), Yellow Pages Income Fund (YLO.UN). Those were nice picks. But remember I am not a specialist... Funny thing is the stock market.

Nice weekend but too much rain

This weekend had been quite fun even if on Saturday, I present myself to work and I was not on the schedule, only for next Satuday. This Sunday was very long at work. I wonder if we will have wok for the whole month of August. Since I was not working on Saturday, I had been able to clean my missy one and half apartment. I also went shopping. I only have my laundry left.

Me writing stuff on HubPages

I start working on different articles on HubPages. I now have 16 articles on HubPages. My latest is about Lauren Luke, a YouTube icon that recently lauched her own makeup product line. With the help of HubPages, my online income slowly begins to increase. I will probbaly need to write hundred and hundred of articles before being able to make money fromHubPages. At this point, I am not really in for the money, for once in my life lol, but more for the fun of it. I really enjoy HubPages. I like to see the ranking and the amount of visitors I received for each of my articles. I begin by writing around 1000 words article. The latest are shorter. I might ad some content to them later on. For now, HubPages is just about fun.

I need to sign up for my health insurance

Today, after eating a Tim Horton donut, I discover I might have problem with my teeth. I didn’t visit a dentist for quite a time and now I am paying the price. I just hate going to dentist. I am afraid of their tools, but most of all, I am afraid of AIDS and other diseases. Very bizarre of me to think this way, but I cannot help it. My teeth are not hurting otherwise, only when I am eating something with a lot of sugar in it, which doesn’t arrive really often. But I need to take care of this little problem before my teeth really begin to hurt for real.

I didn’t sign up for the health insurance group we have available at my evening job and I had been working there for almost 2 years now. It had been recommended to me to sign up: it may help me to save on taxes. And it will also help me to save on my dentist visit. I really need to register as soon as possible.

Job searching for real

I am really packed for tomorrow with all the things I have to do. I plan to begin job searching after that. I have the chance to have a fix schedule at my evening job, so I told myself I should seek for a day-time job. I could make a lot of money just like before. This time, the job searching deal is for real.

I am now at a fantastic 48 591.98$!!!

And guess what? I am only missing 1 408.02$ to hit the magic 50 000$ in assets! I am turning 29 in August, and the best for me will be to reach 50 000$ just in time for my 29 birthday. Bu it won’t be tragic if doesn’t happen.

When I saw the TSX up to points this last Friday, I couldn’t help it, I absolutely have to calculate the value of my assets. And things are really getting hot in my stock portfolio.

Check it out:

Bank of Nova Scotia (BNS)
Initial investment: 4572.71$
Current value: 4 620$
+47.29$

Fortis (FTS)
Initial investment: 2548.36$
Current value: 2 576
+27.64$

Methanex Corporation (MX)
Initial investment: 1626.8
Current value: 1842
+215.20$

Pembina Pipeline Income Fund (PIF.UN)
Initial investment: 1241.7
Current value: 1509
+267.30$

I am slowly beginning to make money from my investment. But forget about Timminco (TIM) and Sprott Inc. (SII).

Timminco (TIM)
Initial investment: 4 065$
Current value: 218$
-3 847$

Sprott Inc. (SII)
Initial investment: 4 925$
Current value: 1 855$
-3 070$

…

I now worth 48 091.64$!

The TSX is now at 10 675.68 points! I was really excited about it. And I was even happier when I read on Yahoo! (Canadian) Welcome Page that the recession was over in Canada.

I calculate the overall value of my investments and… I am now at a fantastic 48 091.64$! If only the TSX could just continue gaining points like this and reach the old 15 000 points, I could easily reach 50 000$ value in investment by doing nothing at all.

Those are good news. But still, the TSX could loose some points again. I don’t think the recession is over yet, things are just getting better. I am looking forward for a gradual progression. I want real and solid gain asset.

Healthy PGF.UN dividend

I had received 53$ in Pengrowth Energy Trust (PGF.UN) dividend. The dividend earning allows me to earn 6 extra units. I now own 636 units of Pengrowth Energy Trust (PGF.UN). And good news, PGF.UN had announces a 10 cents distribution for the month of August. In August, it’s 63.60$ I will earn from PGF.UN alone.

I received my vacation pay from my weekend job. With my next pay check of my evening job that I am expecting next week, I should be all fine to pay my living expenses for the month of August. For month of July, I am making up to 3 000$, but it’s because this month, we have a fantastic 5 weeks month. My upcoming dividend should be of 49.98$ from Bank of Nova Scotia (BNS) and 20.07$ from Just Energy Income Fund (JE.UN).

I wasn’t able to sell Dumont Nickel (DNI) yet. My order to sell the 23 000 stocks at 4 cents per stock is valid until July 31. I am confident I will be able to sell DNI at 4 cents – but the problem is I don’t know when. I would very need the order to be executed by the end of September. This way, I could pay off my TD Visa credit card debt. I only have left 2 716$ to pay. I would like to clear it all by the end of September. I cannot carry over heavy debt forever.

I am now at 47 154.39$!

And guess what, I am now only missing 2 845.61$ in order to finally reach my first 50 000$! I had been working on this project for about 3 years now and it’s about time I reach my goal! Those are exciting times for me. I am sooo close to my goal!

This week had been crazy. It had been a great week, at the exception that I ruin out of luck for my weekend job as I call too late to say I was available. I really have enough of that job and I am looking forward to get something else. I had been working there for a very long time now and I don’t even get a little of respect and consideration. At least, I am getting my vacation pay for next week. Seem like in life, all my frustrations are coming from my jobs. Can I wait any longer to leave the workplace? NO… lol.

This weekend is going to be the first time I ever had 2 days off in a row for a really long time! Hope it’s going to be a nice weekend. I plan to work on some other HubPages articles to occupy myself and forget about my problems.

I just purchase 100 units of PGF.UN at 8.67$

What a hot deal! 100 units of Pengrowth Energy Trust Income Fund (PGF.UN) at 8.67$ each! And the TSX up to 10 312 points! It would be nice if Pengrowth Energy Trust could get higher in value today. The value of my stock portfolio is now at 21 759.21$!

A day full of surprises!

I was extremely tired today when I wake up and I only bring Noodles for my lunch lol. I went to bed at 5AM! I am very passionate about my new HubPages and my latest article talk about my best saving tips, some information you won’t get here! So if you want to know how I can make it happen and save myself hundreds of dollars each month, you have to read it: My best saving tips that can help you save money.

What to do with a 1 000$ in my banking account?

This “afternoon” lol when I wake up, I went online on my banking account and… oh surprise I had 1 060$ available! I was very excited because this meant that I could to my next investment as soon as this very upcoming Friday! I visit a TD Trust branch before going to work to make a deposit of 200$ on my credit card and 800$ on my credit line. I only have left 2 916.42$ to pay on my credit card (which is at a special interest rate) which is not that bad. I should probably pay off this debt but guess what; I have a transfer offer coming from RBC at 2.99%... Just so hilarious. I am not even done with a special interest rate from TD Visa that I am going to get another on, even at a cheaper interest rate, with RBC Visa!

My very next investment

Today, Pengrowth Energy Trust Income Fund (PGF.UN) close at 8.62$. I plan to purchase 100 exra units of Pengrowth Energy. After what, it’s 630 units of PGF.UN that I will own. My dividend income with Pengrowth Energy Trust Income Fund (PGF.UN) will increase from 53$ to 63$.

Thinking about it, it’s easier to make money from dividend than to make money online from advertisements, articles and other lol. I am very happy with this upcoming investment. After this, I am going to be done with Pengrowth Energy Trust Income Fund (PGF.UN) investment (remember the diversification rule!!).

After what, I will be at 1 791.32$ in yearly dividend income for 2009! I will than be very close to my goal which is to reach 2 000$ in dividend income by the end of the summer.

My weekend job is back!

I listen to my voicemail late in the evening. I had one message saying that work is back available at my weekend job! The break didn’t last for long. Now that I have 60$ left in my banking account, I really need my weekend job back. And it’s now back!

I received 13.13$ in dividend from Pembina Pipeline Income Fund (PIF.UN)

I think I might have done some mistakes with my Dividend Calendar Earnings because I had received Pembina Pipeline Income Fund dividend on today. I received 13.13$ in dividend from PIF.UN. It was a huge surprise to see I had 13.13$ in cash in my broker TD Waterhouse account when I open it up this evening.

As you can see, my day had been very exhausting and fantastic.

TSX at a fantastic 10 238.79 points!

The markets are so difficult to follow. When I saw the TSX falling under 10 000 points previously last week, I taught that, maybe, maybe Derek Foster was right after all! Should I sale everything all just like him?

I am not a specialist, but my answer to the question has always been the same: there will be no sale! And look now, the crazy TSX going up again! UP TO 10 238.79!!! But be ready to see the TSX down to under 10 000 points at any time as Obama announced he’s ready to have even more job losses in the US in the upcoming! Derek Foster might be right after all!

My HubPages adventure

Anyway, while TSX was acting foolishly, I worked on different articles for HubPages. HubPages is very fantastic! It’s allowing “writers” (like myself lol) to make money from their articles. I find it so difficult on Associated Content!

HubPages is a lot easier because as soon as your article is ready, you can publish it. I got 2 articles of mine flag because of too much of “self-promotion” lol. But I remove all appearances of My First 50 000$ and voilà, the 2 articles where back online the day after! Vey quick, easy and fun! So far, I wasn’t able to make any money from my articles. My Google AdSense income for now remains the same. Sniff sniff…

What to do with a 1 000$

This month, I will have 1 000$ available for investment. I taught about investing 1 000$ more in the Creststreet Alternative Energy Fund. But than, I remember my dividend goal, and I taught, why not try to invest 1 000$ in Pengrowth Energy Trust (PGF.UN)?

This month, I will receive 53$ in dividend income from Pengrowth Energy Trust. If I purchase 100 units extra, it’s 63$ I could received each month in dividend income. Almost enough to purchase a metro pass. But see, it’s begin with a “enough to purchase a metro pass”, an a “enough to pay my monthly Internet bill”, “enough to make the minimum payment on my student loan”, “enough to pay my rent”, “enough to pay my groceries” and…

“ENOUGH TO STOP WORKING FOREVER”!!!

See where I am going?

Beautiful and Magic Montreal

Because life is not all about work...

I went for a short walk just after work to the Mont-Royal. Today was my last day at my weekend job for a little while, until work become available again. The walk was very nice as you can see, even if it had rain during the afternoon.

I am off all day long tomorrow and I plan to take a long and beautiful walk on the Mont-Royal again.

I got a lot of frustration yesterday from the guy who coaches me. It’s a young, very fresh and stupid guy who wants everything to be performing his way. And sometimes, his way is very arrogant. I just wonder how he got promote to do some coaching to other like that. For sure I am going to complain about it on Monday. Just to piss him off and let him no he has no right to say what he said. And a 3 and a half hours coaching is just too long. And I am going to complaint about it. I just hate the guy that much. And when I hate, I am willing to do everything I can just to harass in some way the other person. I am that bad lol.

In some ways, it’s hilarious because he’s working for the department the company had lost their customer service prize. Being too arrogant and self-confident won’t help to bring their prize back. Like gees, you lost your prize, but it’s not my fault. That’s for sure. As I customer, I want to speak to someone humane and if I feel some arrogance, I might just hang up or just say everything is fine now, just hang up, and call again to speak to someone more comprehensible. In many occasion, I spoke to customer service representatives at TD Waterhouse and Rogers who had been arrogant with me. I won’t treat people calls I am receiving the same way that’s for sure. You can learn a lot by calling those arrogant people of TD Waterhouse and Rogers.

Anyway, if it happen I lost that job too, I have money like crazy; I can handle pretty much everything.

Marvelous month of July

I just love this month of July. I should received 130$ in dividend income money. I am expecting 2 370$ in pay from my jobs. After paying my regular expenses for the month of August, it’s 1 270$ I will have in extra to invest. I am very tempt to invest 1 000$ extra in the Creststreet Alternative Energy Fund, since I am very satisfied with the result of this mutual fund.

Tomorrow is my last day of work at my weekend job. There’s a lack of work, but work should be back available very soon. I will request my vacation pay for the next pay check. I should be all fine.

I just went through this horrible coaching today. I am very tempted to quite my job just for that. It was a rude coaching and the poor man was just telling me I wasn’t doing my job correctly for most part of the coaching. I am not doing my job correctly? Well, you are going to see, I am going to find whatever job, quite that horrible job and leave you with your s*** lol. At the salary I am working, I am not going to support any bad treatment. And this was way too much, knowing how much effort I invest in it. I am going to find a job someplace else. I just hope it will be really soon.

At the end of the coaching session the poor guy ask me if I was going to see the fire work this Saturday. I told him maybe. I don’t give a damn about Montreal cultural life. The only things I care about are my investments and I want to be left alone.

And please, don’t talk to me lol.

I "just" received my Just Energy Income Fund (JE.UN) dividend

It was about time! I finally received my Just Energy Income Fund dividend just on today. I earn one brand new stock, for a total of 20.77$ in dividend. July is going to be a good month for my dividend earning. I am expecting around 140$ in dividend. Of course, it’s not that much, but it’s enough to make me happy.

What I wouldn’t like to happen is that the TSX continue loosing points and that he got even deeper in the recession. But didn’t we reach the bottom part yet? Are we on a road for recovery? I don’t have the answer to those questions. In my heart, I just truly hope the answer is yes. Things need to be done and I hope leaders worldwide will do what need to be done to create job, and give people a chance. We cannot just live in a recession forever.

Frugal living in recession time

So far, the week had passed very peacefully, even if the TSX is driving me completely nut lol. The TSX had lost points like crazy this week and I find it very frightening, like always. I felt completely lost and miserable when Yellow Pages Income Fund (YLO.UN) felt under 5$. Yellow Pages Income Fund close today at 4.99$. But no worries, I think the TSX will go up again – but I just don’t know when lol.

Watching my expenses

This week, I watch my expenses very closely. I went out for lunch time today, but it was all. I also purchase a coffee, and not to forget a chip for the distribution machine.. Usually, I purchase one or 2 coffees per day. One coffee for a whole week of work, trust me, it had been difficult! I really enjoy Second Cup coffees so much. This had been one of those frugal weeks for me so far, I am telling you.

After cutting unnecessary expenses related to my credit card, I am really looking closely to cut off other unnecessary expensive. I can easily save 20$ to 30$ - and maybe even more by taking my coffee at home and by always brining my lunch and no purchasing any sugar treat lol. It will be better for my money and I hope that, this way, I will lose some weight, it couldn’t hurt… I calculate and I believe I could save up to 1 000$ per year if I cut off all coffees, eating out expenses and other. I am not really looking into cutting off because I won’t be able to stay away too long from Second Cup coffees, pizza, McDonald and, what else? Oh yeah, chocolate lol.

I read Derek Foster books so many times (so nicely writing and easy to understand). I remember a part where Mr. Foster was saying that no one should deprived to invest and so on. He’s right, but gees, come a time where everything is needed. If I want things to work out, I have to work on it. I make this decision, but I am not suffering from it. I am still purchasing some coffees and other still, but I have to control myself! At a point, concession needs to be made. Sorry Mr. Foster.

Just for example, this last Saturday, I wanted to see the latest Transformers movie in the IMAX version… I was quitted chock with the price: 16$! I didn’t want see the movie as I find the price too expensive. Regular movies where at 10$. So I just turn around and continue my way to the Jazz Festival.

Looking forward to have no banking fees

I am still with Desjardins for my banking. Not that I like Desjardins, but it’s possible to have no banking fees with them if the minimum monthly balance is being reach. Examples: it’s possible to have 7 banking transactions for free – at the only condition that a minimum of 1 000$ remain in the account. I could easily reach the 1 000$, but 7 transactions per month won’t be enough for me. The second offer is 12 transactions. For 12 transactions, the minimum balance required is of 1 500$.

Right now, I am paying 6.50$ per month for 25 transactions. I can avoid paying the banking fee at the condition that 2 000$ remain in the account (for 25 transactions). It will be 78$ I could save per year… I think I can reduce the number of transactions to 12 per month if I start working at it.

Desjardins also have a credit card at low interest rate of around 9%.

There’s plenty of ways to save money.

Because diamonds are a girl best friend

Marilyn was right – diamonds ARE truly a girl best friend lol. I may be able to make money out of Dumont Nickel Inc. (DNI). Diamonds had been found in one of their mines located in Ontario – Attawapiskat. The announcement had been made today. The stock price rise to 3 cents (better than 2 or 2.5 cents).

And of course, I am expecting a major raise regarding Dumont Nickel value. We will see if I turn to be right. But patience is required. Don’t forget it took me 3 years to reach my first 50 000$. I am talking like if I already reach my goal, but I am so close. I certainly believe I will be able to reach 50 000$ in assets by the end of 2009.

Anyhow, I truly believe that Dumont Nickel (DNI) is a good investment. Dumont Nickel own 6 mineral properties. Dumont Nickel is active in Molybdenum, Nickel, Uranium, Vanadium, Zinc, Copper, Cobalt, Silver, Gold and Diamonds. Good news are popping up right now and it won’t be too long – I really hope so – that will see the Dumont Nickel price changing for the better. We need some other good news like the one of today and voilà, big bucks in your pocket like in mines lol. I had place a sell order at 4 cents. The order will expire on July 31. I previous purchase 23 000 stocks of Dumont Nickel (DNI) at 3 cents each lol.

It is so difficult to make money from penny stocks. Since my Blue Note Mining a while ago, Dumont Nickel had been my only “penny stocks” investment. The more I invest, the more I find the stock market difficult – really awful actually. But the more I invest, the more I want to invest more lol. And I just keep going like that.

One part of the frustration came from one little thing: reaching 50 000$ worth in assets. The stock markets just keep moving and it’s difficult to follow. This is all a crazy game. I have already invested more than 50 000$. I am just suffering from the high market volatility. And it’s really too bad. I actually have only 2 other majors investment that I would like to make. They are Enbridge (ENB) and Bell Aliant Regional Communitions Income Fund (BA.UN). After what I will pretty much had everything I ever wanted as investments from my part.

Loosing 5 bucks from Creststreet Alternative Energy Fund

I just find today that even my fantastic Creststreet Alternative Energy Fund is making me lost in money. It went from a brilliant 1 111$ to 1 106$. I am currently only loosing 5$ with Creststreet Alternative Energy Fund… And of course, if I had more money, I will definitely invest more in the Creststreet Alternative Energy Fund.

I am still waiting…

I am still waiting for my Just Energy Income Fund (JE.UN) June dividend. It’s taking forever to receive them. But I have to say that this is a normal situation since I enroll in an automatic DRIP for all of my dividend stocks. I am “just impatience” lol and I cannot wait to finally receive my Just Energy Income Fund (JE.UN) dividends.

My first lense

I just create my first Squidoo lense with another super-good article of mine who - again - got rejected by Associated Content. I am not giving up and I am done with Associated Content lol. But in the meantime, I find another way to get publish on the net my fantastic writing: on Squidoo!

Take a look at my first lense, about My first 50 000$.

I am up to 46 206.25$ value and my life is wonderful

Another week passes by too quickly. This week, I was quite happy to clear out some of cedit card debts, cut off some necessaries fees related to my credit and finally, invest in 100 units of Yellow Pages Income Fund (YLO.UN).

Good news regarding my investments!

I am now at 46 206.25$! The best will be to reach the 50 000$ value in investment by August 27 (it’s my birthday and I will be turning 29!!!). I am having a lot of fun will this blog and all those little goals I am giving myself. Most of the time, I cannot reach them lol, but life is like that. At least, I will be reaching my first 50 000$ in investments very soon. Once the 50 000$ will be reach, it’s going to be just so special for me, especially in those recession times. It’s just something I will never forget. It will be even better if I could reach it just in time for my 29 birthday. I am getting soooo old.

Next step will be to reach my first 75 000$, and after that, my first 100 000$ and, of course, so on lol. At my first 100 000$, it’s going to be pretty great and my wish will be, of course, to be able to make a living out of that 100 000$ value in investment. After experiencing « in the deep » the violability of the market, I plan to continue working even after that. But I am such a dreamer. I didn’t even reach my first 50 000$ yet lol.

About my job situation

I received good news at my weekend job. I was told by a co-worker that there was work until October at least. I will probably be able to continue to work part-time at that job until that time. As for my evening job I have during weekdays, it’s going fine too. Everything is going so fine for me for at least one in my life lol. I would like things to remain the same, to have my mornings and me afternoons off during weekdays. My job situation is not one the best, but it’s not one of the worst either. I once wrote that about my portfolio…

I lost a great deal of money in my investment adventure, but I am looking forward to see the value of my portfolio increasing over time. I am just quite disappointed with Timminco and Sprott, but live goes on and I hope to reach my first 50 000$ very soon. Only problem is to figure out what will be my next investment. My next official purchase: 100, 200 or 300 units of BA.UN. I will have to be very focus for the next couple of months because I won’t be able to do anything on a monthly basis as investment if I want to be able to purchase some BA.UN units. Or I will have to get a third and fourth job lol.

An awesome investment: Yellow Pages Income Fund

As you can see, I am pretty happy with my newest Yellow Pages Income Fund (YLO.UN) investment. I just have money left to purchase 100 units of Yellow Pages Income Fund (YLO.UN). But even if I would have more money available to invest, I wouldn’t purchase more units of Yellow Pages Income Fund. Yellow Pages Income Fund title is quite volatile. Seem to me like Yellow Pages Income Fund pretty much follow the market. The title sem to be sensible to the market volatility. Regarding this point, Fortis (FTS) is all the opposite of Yellow Pages Income Fund.

I had been looking at Yellow Pages Income Fund for a little while now. Even if the title has its ups and downs, I find the dividend great, even if it had been cut off recently. The Yellow Pages Income Fund dividend is now at 0.80 cents per unit on an annual basis. A 530$ investment that can provide me 80.40$ in dividend money is like WOW! Fantastic! I am very please with my last minute investment.

Just before leaving my place for work, I really wanted to invest in something. And since I was thinking about Yellow Pages Income Fund (YLO.UN) for a while now, I told myself, why not now? And this is how Yellow Pages Income Fund (YLO.UN) had been adding to my portfolio, in a complete rush.

I am no longer a penny stocks. My interest in penny stocks didn’t last for long. I still own Blue Note Mining (BN.H) and Dumont Nickel (DNI), which are 2 penny stocks. But it’s about all. I completely desperate about Blue Note Mining and I wonder is the company will ever continue its activities. Regarding Dumont Nickel, I love this one much better. I believe Dumont Nickel had potential and I believe it can reach the old 4 cents its one had reach, not too long ago.

One thing I learn from penny stocks: it’s very hard to follow the market, no matter how hard you are trying. These last couples of days were quite exhausting for me. But still, I didn’t give up yet on penny stocks and we will see how far I can go with Dumont Nickel. If only Dumont Nickel can make another major announcement, I will be able to sell the investment at 4 cents and than make a profit of 175$. I am that ambitious lol.

Yellow Pages Income Fund (YLO.UN) will add 80.40$ to my annual dividend income. With this brand new 80.40$, my yearly dividend income is now at 1 671.32$ - totally insane!

It doesn’t take much to make me happy, but this new investment make my weekend a dream.

I just purchase 100 units of YLO.UN

I just purchase 100 units of Yellow Pages Income Fund (YLO.UN) at 5.30$!

I couldn't help it, I had 800$ available, and I was feeling like to purchase something... Yellow Pages Income Fund (YLO.UN) provide dividend. It's around 6$ each month that I will earn. This is very fun. I am happy with this little investment even if my goal was to purchase BA.UN as next investment. But BA.UN is too expensive for me right now. This is going to be a great weekend.

I am now the proud owner of 100 units of Yellow Pages Income Fund (YLO.UN)!

No more extra fees for my TD Visa

I was able to fix my problem regarding the insurance fee for my TD Visa. Of course, the guy tries to sale me a cheaper insurance. The cheapest one was at 17$. I am not doing to pay 17$ for anything each month. Not for anything of course, but for me, it won’t worth it. I was pretty happy to have this clear off. Yesterday I pay all of my bills. I don’t have anything left to pay on my CIBC Visa, American Express or RBC Visa.

Instead of paying 800$ on my TD Visa, I pay 800$ on my credit line and 150$ on my TD Visa, since I interest remain low until September. This actually mean that I have a brand new 800$ that I can invest it.. I was thinking a way to make money from penny stocks again but it’s just exhausted me.

And yesterday, I confirm the crazy news with TD. I had been offered a raise of 9 000$ for my TD Visa. I could have get a 14 000$ worth credit card lol. But gees, I was not even aware about it. I couldn’t see the offer online in my account, either on by latest statement. I was told it was an offer that we new only about when we were calling TD. I refused the offer for now but the end date to accept was yesterday. This is how TD is bad : not even letting me know about this promotion.

I am very angry at TD right now. I didn’t accept the offer because what I want to see increase is my credit line. But the guy didn’t want to increase it, I have to complete a form online and visit a TD bank. Just disorganize. I have more than 25 000$ in real value with them and those poor people are not even able to raise my credit line. I find it so bad. And not being told about the offer for my credit card until I call them, I fins it disgusting. Those banks like TD think they have it all, but their customer services are so bad and soo disorganize.

The problem with my CIBC Visa card had been resolved

Credit card problem

I call CIBC Visa yesterday to find out about their financial fees I got. To my surprise, I learn that I had been paying 29$ per year since I got this credit card because the card I got is a reward one with Aeroplan. I probably never notice the fee until now.

This mean that since 2005 or around, I had been paying 29$ per year for 5 years or so, for a total of 145$ - without ever noticing anything. I really need to be more careful with the fees I am paying for financial services. I really don’t want to pay any fees for any of my credit cards.

I request to change of credit card for one with no annual fees. I was told I could get the CIBC Dividend Visa, which pay 1% of all purchases on December of each year. I basically pay everything with my credit card. I might be able to get 40$ or 50$ per year from the credit card, which is fun.

At least this problem had been resolved and I shouldn’t get any fees in the future. At least. I always got a good customer service from CIBC, regarding this and also regarding my investment. Earlier this year, I had non-RRSP mutual funds with CIBC that I wanted to transform into RRSP. At CIBC, the transformation had been performed very quickly and efficiency in a one shouts over the phone. But it was not the case with RBC who insisted for me to get a loan to invest in my RBC – can you imagine the horror? I really had to insist and call over their customer service to get the job done after insisted and insisted. And not to talk about Desjardins who never wanted to perform the transformation for me.

From my experience, CIBC is way much better than RBC, TD Canada Trust and even Desjardins in many ways. I am still doing my banking with Desjardins, but it might be just a matter of time before I switch to another bank. And it might be CIBC.

At CIBC, they have understand that it’s their customers who are the boss lol and its look like CIBC staff is willing to do everything they can to please their customers. Like wow! I am a pretty easy going customer as long as everyone obey me lol.

About my debt management

My budget is quite sharp the month of July!

I wake up early this morning to calculate my budget. I am able to pay off completely my RBC Visa, American Express and CIBC Visa… So many credit cards! I am paying 800$ on my TD Visa… and 150$ on my TD credit line. After all my bills being paid, rent and student loan included, I have around 52$ left in my banking account lol. Knowing how much I have money aside allow me to maximize the payment on my credit cards and debts. Now, the ultimate challenge consists in searching for a day-time job. And it’s very difficult for me. I only have to begin by the beginning right, send some resumes

Debts can be so annoying. I do not have any problems with my student loan debts or even with my TD line of credit debt. But having more debts that those 2 really cause me a problem and I find it difficult to live with too many debts. I am really getting annoying by my TD Visa debt and I want to clear it off as soon as possible, even if I have a special interest rate on it until the end of September 2009.

One solution to pay off my TD Visa debts could be the following: sell my Creststreet Alternative Energy Fund (which should provide me 1 050$ in cash) and also sell my Desjardins Fidelity True North Fund. Right now, my investment worth 996.05$. This is quite painful for me because Desjardins Fidelity True North Fund was my very first investment. I am way too emotional when it comes to my investments. I am not willing to sell anything out. I won’t sell for sure when I am loosing from my initial investment anyway, even if I am loosing only 4$. There’s always solution.

Why it’s important to pay off some debts

Even if my TD Visa is at a low interest for the 3 000$ debt I have, I am paying in interest (for the month of June). But want to see something even more frightening? I had been charged 29.34$ in insurance fees for my TD Visa. I am going to cancel this insurance right on today! I am just not paying attention to what’s going on with my credit card and I am paying the price. But better later than never…

I am also looking into increasing my TD credit line after all… Too much stuff is going on :)

About Methanex Corporation (MX) dividend

I had received 18.01$ in dividend income from Methanex Corporation. It’s just very nice to have this little extra in my portfolio. I earn one more stock of Methanex Corporation today. I am still waiting for Just Energy Income Fund (JE.UN) dividend to arrive. The month of June had been fantastic for my dividend earnings.

About my credit life

Today, I call TD Visa just to confirm when my special rate of 4.95$ I have for an amount of 3 000$ will end. The special interest rate will end at the end of September, just I taught it will. Than the customer representative announced me that I was eligible to get a 9 000$ credit card. I didn’t accept yet, I just told her to but the offer on hold and that I didn’t know if I wanted more on my credit card for now. Than I told her that instead, I would like to see my credit line increase. She was from the credit card department only, so I was not able to get any information regarding the possibility to increase my credit line. But I might call tomorrow, it might be the perfect time since I already received an offer to increase my credit card. I don’t care about my credit card (the regular interest rate is of %!!!). What I am mostly interested in is my TD credit line. The interest is of 8%. I had been with TD since 2005 or around. I always pay on time my « bills » with them. Like couldn’t they provide be a raise any time sooner. TD customer service is sooooo bad!

Here is what I have as credit card and their respective limits:

Zellers credit card: 500$

Old student credit card from Desjardins: 500$

TD credit line: 5 000$

TD Visa: 5 000$

RBC Visa: 10 000$

CIBC Visa: 2 500$

TOTAL: 23 500$

And it’s here where it’s getting pretty hilarious… Can you imagine, I have 24 000$ worth in credit card? Right now, I am able to manage my debts pretty well. If it’s happen my credit line limit is getting increase, I know exactly what’s going to happen, it’s going to be loaded to whatever the limit will be… I love to invest too much and any increase on my credit line will serve to invest in stocks, mutual funds and other.

My idea of getting more credit from RBC was a very bad one. I am happy with the credit I have right now and I am not looking for more. Even if its very tempting for me to ask for a credit raise for my TD credit line. Those banks can really be disgraceful. It’s not helping me at all to increase my limit on my credit card. On a long term basis, it can only destroy my financial health.

I got really bad news regarding my CIBC Visa. On April 24, I got charge 29$ for financial services! But of my whole life, I always subscribe to free credit card, who has no financial charges. I just find out about this fee… I should definitely take a look at my credit card statement for carefully. But hey, when you are rich like myself, does a 29$ really matter? The answer being YES. Definitely. Every penny counts. Now, I want to be refund for that 29$ and close my credit card if not, I am going to file out a complaint regarding CIBC Visa.

Last payment I made on my CIBC Visa was on March 17 and it was to clear everything off. Since that date, I taught it was totally clear out. It was, until those stupid people of CIBC Visa decided to add a little extra… a 29$ fee. But it’s just now that I find out that I had been charged for a 29$ financial services fee. This is totally distushting. I have to take care of this tomorrow. I don’t think I have ever been charged on that credit card any financial fees before.

Tomorrow, a customer representative from CIBC Visa is going to have a really bad time when I will be calling lol…

To sell or not

An idea quickly cross my mind, I could sell the investments that are doing well in my portfolio and quickly pay off some debts. But selling for now is just out of the question. I plan to get a third job, seriously job searching and watch out my expenses. My only problem: I didn’t begin my job search yet lol.

Guess the only thing left to do is budgeting… I decide to slow down on my expenses for a while. A cool new tool should help be to calculate my budget… You will learn more in about 2 weeks from now! Stay tune.

Dividend earning day: 4.28$!

I was quite happy to received 4.28$ in dividend earnings coming from Livingston International Income Fund (LIV.UN). I really taught that Livingston International Income Fund had cut their dividend for while. Anyway, it was a happy surprise this morning, to see that little 4.28$ in dividend earning. Also on today, June 30, I am expecting dividend from Methanex (MX) and Just Energy Income Fund (JE.UN). I am expecting 20.77$ from Just Energy Income Fund and around 15$ from Methanex.

So far, my portfolio is doing ok. I won’t say I am doing super great because of all that money I lost from Timminco (TIM) and Sprott Inc. (SII). But in all of my investment life, I did 2 majors mistake, and it was those 2 investments. For the rest, I can life with it. It’s very tempting to sale out those 2 investments, but if I sell out, no recovery will be possible. Really annoying.

I didn’t begin my job search yet. I am just too into blogging and these days, I had been closely watching the fantastic TSX who had lost points today, but I was expecting it. For the TSX there’s ups and downs and from what I see so far, it can’t never just go up-up-up for a couple of days in a row lol. But that’s life.

Because of a lack of financial resources, I now wonder how to handle my whole debt things. I currently have a bit more than 1 000$ extra that I can use to pay off my debts… or to invest. It’s a painful decision to make. But I really need to work at paying some debts.

My best investments pick and why I love them

Precious Fortis (FTS)

I am very proud of my Fortis (FTS) stocks. I own 102 stocks of my own. Fortis was a pick of my very own after reading about the company in the Globe and Mail. My initial investment of 2 548.36$ now worth 2 642$. A small 93.64$ profit had been made, but it’s not what mostly make me proud about this pick is this current fact: within the last 52 weeks, the lowest value for Fortis (FTS) had been of… 20.70 and the highest… 28$. The difference between the lowest and the highest is only of 7.30$, which provide a certain stability to the investment. When I first find out about this, I was really impressed by Fortis (FTS) top-value. And knowing that Fortis (FTS) pay out dividend and have activities in Newfoundland, this was definitely a company I wanted to add to my portfolio. Maritimes rock!

Proof of Fortis (FTS) top-value reside in this: in recession time, I had been able to make a capital profit of 93.64$ from a couple of months only investment… and to what I will add: I was able to make 93.64$ profit in a recession time!

Fantastic Creststreet Alternative Energy Fund

I cannot say how much I appreciate all the strength of this mutual fund. So far, I didn’t lose any money from this investment. I will never stop blogging about Creststreet Alternative Energy Fund. Magical and powerful investment. I initially invest 1 000$ in the Creststreet Alternative Energy Fund and the wonderful super cool investment now worth 1 111$... How about that?

Magnificiance = Pembina Pipeline Income Fund (PIF.UN)

I had purchased 100 units of Pembina Pipeline Income Fund (PIF.UN) when its price was at 12$ per unit: it’s the best decision I ever took in my life! Solid dividend: 1.56$ annual dividend. This investment idea is coming from Derek Foster.

Need another good news? Check out Just Energy Income Fund

This investment idea comes from me after reading about the late Energy Savings Income Fund (SIF.UN) in Canadian Business. I decide to invest in Just Energy Income Fund after several readings. I had read about Just Energy Income Fund solid dividend. But JE.UN title is volatile and its keep loosing-and-gaining on a regular basis. Very volatile investment for the capital value but good investment for its dividend. See what I mean? Lol…

I am getting use to the new name which is not so bad after all. Just Energy Income Fund is THE INVESTMENT. Want to know why? On June 25, the “Just Energy” Income Fund had announced it’s dividend for the month of July, which will be of $0.10333/unit. And thinking about it, $0.10333/unit is more than the current value of Dumont Nickel, which is currently of 0.03 cents lol.

Bank of Nova Scotia (BNS): good intern diversification

I never deal with the Bank of Nova Scotia (BNS of my life, but it’s the only bank I have in portfolio. Bank stocks are quite expensive. When, after the big break p on the stocks market happen, I taught, wow, Bank of Nova Scotia at 44$!

I actually purchase 100 stocks of Bank of Nova Scotia at 44$ each thinking I was doing a good deal. But little that I know that the breaking point I was facing that day was only the beginning of the end… After the purchase I remember, I saw, from my own eyes, Bank of Nova Scotia at something like 27$...

And this is what is hilarious; this circus of the stocks market is truly amazing and fascinating.

I hope that Bank of Nova Scotia (BNS) will one day reach its 50$ of the old days…

Desjardins Fidelity True North Fund: a mutual fund that I love

Desjardins Fidelity True North Fund never disappoints me. I had invest 1 000$ in Desjardins Fidelity True North Fund. This fund is that special for me as it’s been my first investment I ever made in my entire life. It was, I believe, back in 2005.

Desjardins Fidelity True North Fund is a powerful investment. Not that I was able to make money from this investment in our volatile market. But while I was hoping a recovery for my Sprott Canadian Equity Fund, Desjardins Fidelity True North Fund was recovering fairly well from all of this recession-misery. On June 2 of this year, my Desjardins Fidelity True North Fund was up to an extraordinary 1 031.86$. I was able to recover from my lost and make, at the end, a profit of 31.86$! Just amazing! Desjardins Fidelity True North Fund is an amazing fund!

Long road for recovery

Real-life story in recession time

On Friday evening at work, I had the call of this man after hours asking to refill his account… I proceed like I always do. After what, he told me about his recent laid-off. I could feel all the pain and distress in his voice. The eternal enthusiastic that I am told him not to worry, that he was in the Toronto area and that it will be easy for him to find a new job since he was in the Toronto area. In resume, I told him what I always taught of Toronto: Toronto is the best place in Canada for work. Don’t forget I also have my banking account on Ontario side.

My customer replied by saying that many people like him had lost their jobs in the Toronto area and that there were thousands of job seekers right now who were now searching for work. I continue to encourage him by saying, in my broken English, that everything will be find. I wish him good luck and we hang up…

My life in recession time: I could have it harder

Not that I am that disconnect of reality, I lost one of my jobs this year myself. I had been job seeking many times in my life and I find that the best way to go through a job search is to think that you are the only job seeker on earth and forget about all the others that may have applied to the same job as yourself… I always find my best jobs by sending resumes to company without asking a specific position and without answering job offers. I didn’t perform any job searching that specific way since I had been in Montreal. It’s been pretty chaotic since I had been here and I had been on an “emergency” job seeking about 2 years or so ago, and I had been working at the 2 jobs I have currently ever since. Problem became pretty rough when I was out of job and I didn’t to sale my investments for my living. This emergency job searching had been the best thing I had ever did even if I am not using any of my skills I got a student loan for. Anyhow, 2008 had been one those years and 2009 – which is not even close to be over yet – had been so far like a ride in a roller coaster.

I certainly can understand this man suffering. After repeating plenty of time that I will be seriously job searching for good job well, I didn’t. I send my resume to one place, got a call, I should be motivate by that – receiving a call after only sending one resume but it’s actually didn’t do anything. But its help my spirit.

My lazyness comes from several things:

-Hot summer weather
I have real problem to work in the hot summer weather. I cannot support the heat.

-I almost reach my 50 000$ goal in investment
And I cannot believe it!!! I find it almost enough for me. That’s another part why I am getting lazy.

-I enjoy being at home and doing nothing, blogging, surfing the net, watching the TSX among other. It’s almost better than watching TV.

But this laziness won’t stay in for long as I got myself organize this evening – usual home stuff that need to be done and by tomorrow or Monday, I should be able to send resume all over the place. I actually spot a couple of jobs offer in call center – as surprising as its sound; I actually just love to work in a call center.

I also recently calculate my overall debts. This is currently another job “emergency” kind of thing. Luckily, I don’t have too much of debts and I could be easily clear off within a year if only I work seriously into it.

My love for Montreal

I could have been refer to work for Desjardins. But Desjardins is way too much of Quebec b-u-l-l-s-h-i-t at the same SPOT for me lol. Did you know that at Desjardins some Vice Presidents are, in real-life, couples? Another great Quebec realization to be place right next to the Caisse de dépôt et placement du Québec.

Back in January or February 2008, I wanted to turn the Desjardins Fidelity True North Fund investment I have into a RRSP investment, and I was not aloud to go so, while I had been able to do the exact same operation with RBC and CIBC for other funds I had with them. Desjardins might be the largest financial cooperative group in Canada, but within the years, Desjardins had turn out the institution from who I had the worst banking experience of my life. Desjardins is one of the worst out there. And ever in my life I want to work for Desjardins.

Gees, I worth almost 50 000$ in investment, that’s a lot of cash and no one have the right to refuse me something. Understand? lol...

Anyway, since that time, I didn’t invest with Desjardins and I won’t ever invest with Desjardins, ever again.

Anyway, never after I had graduated from high school I stay more than 2 years at the same place. But here in Montreal, it is so nice that’s sometime; you can almost forget that you are in Quebec Province. Montreal is actually that awesome!!

Enjoyable reading in recession time

Just like Derek Foster that I kind of love and hate at the same time, Ernie J. Zelinski had retired at an early age. He is the author of multiple books on retirement and stuff. Learn how to Love a recession with Ernie J. Zelinski. A free E-book from Ernie Z, bestselling Canadian authors, Love a recession because what’s free is fun. I love this recession because it’s during the hardest recession time ever that I will probably be able to reach my first 50 000$.

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.

No money made so far from my penny stocks

I cancel my order for Blue Note Mining. Instead, I had place an order for 23 000 stocks of Dumont Nickel (DNI) at 0.03 cent. But so far, no positive result. The prices seem to be stuck at 0.035…. I don’t want to purchase Dumont Nickel at 0.035 because I find it too expensive lol. Trying to make money this way can be very stressful. Trading is very stressful. Since I am so lucky, I guess I won’t be able to purchase DNI at 0.035. 0.03 seem to be a bit too low since the company had made, not too long ago, a positive announcement. But since TSX continue to fall, maybe DNI will reach the point of 0.03 cent. Maybe.

I went to my job interview this morning. I was nervous as I am always am at a job interview lol. It’s a survey job… 10$ per hour. There are so many survey jobs in Montreal. But for now, it’s ok. At least the office is super clean, not like at my weekend job.

I had renew my license and my health care card. This was needed for a long time now. I am glade I am done with this. Now, I can continue my job search if I want. I also want to open an account with iTrade of Scotia Bank. I need to print the form. Each trade is at 19.99$ (instead of 29$ with TD Waterhouse). My TD Waterhouse account will remain open because it’s free to purchase mutual funds through them. It’s seemed not to be the case with iTrade.

Everything so far so good. I would just like to get a better paying job. Maybe I should continue my job search.

Having fun with penny stocks

I am enjoying my weekend. Mont-Royal had been closed to circulation lately and it’s quite nice, being able to walk without any cars around. The whole Montreal Island should be close to car circulation! After the job, I was supposed to go to the Old Montreal again, just like last week, but since the sky was grey, I taught it was going to rain. But it didn’t rain. I spend, once again, my evening in front of my computer. But it worth it, as I conduct some search regarding penny stocks. Currently, my goal is to make a profit from penny stocks trade.

Is Blue Note Mining a good penny stocks deal?

First, as I previously explain, I came with the idea of Blue Note Mining (BN.H). Since Friday, I had set an order for 80 000 stocks of Blue Note Mining at the price of 0.005 cent. After what the goal is to sale the overall 80 000 stocks at the price of 1 cent. The order will remain in until tomorrow. And tomorrow only because I had set-up myself another plan, that could actually be even better.

I just extend my search, and it could happen I won’t be able to purchase 80 000 stocks of Blue Note Mining at 0.005 cent. Why? Because the price of Blue Note Mining barely changes these days and basically no one is currently trading on Blue Note Mining. This could be one of the reasons why the value remains quite stable at 1 cent. This last Friday, only 9 trades where perform around Blue Note Mining.

Could Dumont Nickel Inc. (DNI) be a better deal?

I did some quick search and I came yesterday with this company I never heard of before, Dumont Nickel. Actually, I first learn about Dumont Nickel by taking a look at a newspaper. Dumont Nickel is currently in activity. It’s not like Blue Note Mining who had declared bankruptcy just a couple of months ago.

The plan around Dumont Nickel

Here’s the plan: purchase Dumont Nickel at 0.03 cents for 30 000 stocks (900$ investment value + 29$ in too high commission) and sale the investment at 0.05 cents for a 2 cents profit… and a fantastic 542$ extra in my pockets!!!! That’s enough to pay off my 535$ monthly rent. See the deal?

I am actually more confident about Dumont Nickel than with Blue Note Mining. Blue Note Mining is not doing well all and price seems to be stuck in the ground, it won’t move lower than the 1 cent! Anyhow, my live move on.

Tomorrow, I have to wake up early and go at a TD Bank to make a deposit of 344$ (amount of my latest pay check) on my credit line. I have only 200$ left on it. I plan to move the 344$ and the little 200$ in my TD Waterhouse account. I also have to place a call regarding a job offer I saw just today. And after what I need to go renew my driver license and health card. If I have anytime left, which I thing I will have, I will return home and check if my order had been proceed for Blue Note Mining. Looking forward for $$$.

On how are doing my little things

I am almost done with the stuff I needed. Just a couple of things left and I will be done. Probably on Monday. I could have been done today, but it was raining extremely hard last night and I couldn’t sleep. And of course, I sleep in late again.

On Monday, I have to renew my driver license (yeah, I have one lol) and my health card. After what I will need to subscribe to the insurance program that’s been giving by my employer. At first, I didn’t want to subscribe because they are taking around 15$ per pay check for it. But I was told by the accountant that did my taxes for 2008 that it might be better if I subscribe, it will make less to pay for the Quebec health insurance at the end of the year. Those of the biggest last 3 things I need to do. I plan to wake up early on Monday evening to have those done.

After what, I will be job searching. I didn’t do any job searching this week. I had been quite busy. I also had that little investment project going on.

At first, I wanted to invest 500$ extra in the Creststreet Alternative Energy Fund, but unfortunately, at TD Waterhouse, all extra investment of Creststreet Alternative Energy Fund is of 1 000$. At Creststreet Alternative Energy Fund it self, it’s actually possible to invest as little as 100$ per extra investment. I don’t really see myself an account with Creststreet Alternative Energy Fund just for 500$.

Anyway, I came with this other idea; to purchase 80 000 stocks at 0.005 of Blue Note Mining (BN.H-V) and sale them at 1 cent. This is possible. But I really need to purchase Blue Note Mining at 0.005 and not at 1 cent. If I purchase BN.H at 1 cent, the project won’t be successful. Generally these days, Blue Note Mining value had varied between 0.005 and 1 cent. The project is realizable, but it could take time. I would like an extra 400$ in my pocket as I would like new sandals for the summer and other stuff.

A quick way to make money: Blue Note Mining still rock!

Here’s the plan: I had place an order to purchase 80 000 stocks at 0.005 cent of Blue Note Mining (BN.H) now from the TSX Venture. Today the price had varied from 0.005 cent to 0.01 cent. I had place my order at 11:49AM (I wake up late again – but I shouldn’t).

The investment by itself, 80 000 stocks of Blue Note Mining at 0.005 cent is of 400$. The commission for the trade is of 29$. For a total of 429$. I plan to sale as soon as possible the 80 000 stocks at 0.01 cent, for a value of 800$. 829$ (800$ investment value + 29$ commission for the trade) – 429$ = a nice profit of 400$.

I am doing this just for the fun of it to see if I can possibly make money by trading.

It’s now 12:48pm, I call 2 times TD Waterhouse lol, and my order had not been executed still.

Stay tune.