On my every day life

As I just get up early to go to work this morning for nothing. There was no work for me and I had been send back home. I am getting sick of this situation as sometime there’s work and some time not. It’s getting really frustrating. But it was part of my fault, as I didn’t call the previous evening to see if there was work for the next morning. I didn’t call because I taught there was enough work. Yesterday, I did my full shift, 4.5 hours, and everything went fine. Anyway, it’s a chance I can write about it, its provide at least a small release. I call it therapeutic blogging.

The trick with having multiple jobs is to remain calm when critical situation like this one happen. But I feel I deserve better treatment. In the morning, I am free from 8-9am until 3pm the latest. I can barely work 22.5 hours per week at the morning job I have right now and it’s been going on like this for several weeks now. And not only for me, for all other employees too.

I do not really want to get involve into job searching as I dislike searching for job and at a certain point, I just gave up, get into 3 jobs and that’s all. But now the plan is getting hurt a bit because one of them is just not working out correctly. I give myself until the end of the week to see what I will do about it. For now, I enjoy my free morning. But I am just not using the time correctly as I had my RRSP to look at and other. At this time, the situation is not critical. Last week, I work around 19 hours or so, and earn 200$. I just want to earn extra cash at this time.

I just take a quick look at my stocks and right now, PGF.UN is up to 9.83$, FTS is at 24.27$, SSI remain at 4$, which is better, and TIM down to 4.29$, BNS up at 31.52$, MX up at 12.04$, my funny BN down at 0.02 cents… and I could continue watching like this all day long, but it wouldn’t make any difference.

I had a friendly talk, if I can call with a colleague of mine. It was getting really quiet and than he begins to ask me why I was working at this place, the salary is low; I am bilingual (!!) and so on. The funny part came when he told me that I was the only one around who was a Quebecker and than, I told him proudly that I wasn’t a Quebecker, that I am from New Brunswick and so on… I didn’t go through the overall explanations, but part of the reason I have that night shift because its allow me to have a morning and beginning of the afternoon other job. And its also allow me to wok at another place during the weekend. But of course, I didn’t go through all this with him.

And another part of the reason why I remain like this is that before I had a well paying job, back in somewhere 2006, I was around 20$ per hour, but too much was taking away from the pay check – part of it was for the wealth benefits we were receiving and they were also taking money for my RRSP. That year, for the taxes, I was all mess up and really dislike the initiative, as I almost end up investing too much in my RRSP. Anyway, at the end, I was only touching 535$ after taxes per week on my pay check and I couldn’t take any other job with that one because it was too much. It’s after that job experience that I begin to make big money and invest in stocks and so on. And I am happily ever after and never regret the move.

Why Crestsreet Alternative Energy Fund is such a pain?

I invest 1 000$ in the Crestsreet Alternative Energy Fund back on January 5th over the phone with my broker. I taught everything was fine… until I consult my account online. Than, on the 9th, at the time I purchase some PGF stocks, the order had not been executed. I could clearly see that the order had been placed as I wanted, but the problem was that the order haven’t been executed and it date of today, the issue is still the same, even if I had been told by TD that the order would had been executed by Friday (of the 9th). I was quitted disappointed because when I proceed to the purchase over the phone on the 5th of January, I wasn’t told anything regarding the time of the process.

TD Waterhouse really suck and those people do not give a damn about small investors. If I would had knows it would had take so much time, I would probably not invest in the Crestsreet Alternative Energy. Instead, I would have purchased an extra 100 stocks of PGF.UN, which would had made a total of 400 stocks at an annual dividend of 2.04$...

Last week that just pass, I do not what happen to me, I just borrow almost 5 000$ on my credit lign and I invest in that miserable mutual fund and all the rest in PGF.UN. I really wanted to make my move. I was fascinated by Crestsreet Alternative Energy and I was totally enthusiast by the 2.04$ annual dividend of Pengrowth Energy.

And just like a fellow reader wrote to me previously, there’s never been a better time to invest, and I really believe it’s true. My only regret is not having enough money to invest. I do not worry too much of the money I took form my credit line.

I now have a tax-free savings account

I was quite busy this week as I try to figure out a plan to make things better for me. I realize – but too lately, that I have invested too much in mutual funds. But I believe it was something I had to figure out by myself. It took be time and several reading if DF books. However, I do not regret any attends I made.

I finally read Money for Nothing of DF. At first, the reading was difficult, but I bring the book at work with me to read over again and some guy notice I was reading and come to me, asking what I was reading. At work, it’s aloud to read a book when do not received calls, but we are not allowed to magazines. And recently, we are not receiving as much calls as usual. I just hope I won’t loose my job.

Anyway, I show him the book and he asked me if I had money invested in stocks. I told him that no, that I was only reading the book for fun, telling him that the author was pretty good and that he had self-published 2 other one before this one and so on. I never told anyone about my investments I do not plan to do so. No one knows about my 50 000$. Let say I do not talk to others about my money. I prefer not too and its part of the reason why I prefer to blog anonymously and just to have fun with it by my own. And I have to say, I would look pretty stupid if I would go out about it, as my 3 jobs pay, 10.68$, 12$ and 10$ per hour.

Earlier this week, I open a tax-free savings account at RBC and I transfer some of my mutual funds in there. I was quite happy to learn that it’s possible to reinvest the amount of money I could withdraw from the savings account. It’s a huge benefit. But knowing how much I am paying in taxes, I really needed something like this at this time as my overall earnings before taxes make it around 43 000$. It’s not that much, but for me, it’s a lot. And it might be a lot for the government too as I expect to be paying extra taxes on this salary, unless I invest in my 2008 RRSP.

As usual, I did not invest in a month-to-month basis in my RRSP. With my terrible job situation, I prefer, as always, to wait at the beginning of the New Year. And with all the investments I made this year, I do not have extra money to invest in my RRSP. At this point, I realized I might have done my move too quick in the savings account. The issue being that if I do not invest the max of my limit for the 2008 RRSP, I will probably have to pay extra in taxes. And I currently do not have a penny left to pay on taxes.

I consider moving some of my non RRSP mutual funds into my 2008 RRSP.

May 2009 be the year

I had been searching lately for a mutual fund or stock that would had help me gain money – knowing that I had lost so much so far. That’s part of the reason why I purchase Fortis. And its part of the reason why I purchase Dereck Foster third book just today actually.

Today I was off from my 2 jobs and I really enjoy the stay. I sleep in and I went downtown. Some stores were open until 9pm. It was amazing.

On my way, I went to Chapter. Read on some magazines about Angelina Jolie, Britney Spears and so on and, it wasn’t plan from me, I went on the upper floors and there, I saw it, it was it, the third book of Dereck Foster. So I told myself, why not? And there you go, I went home with the book. At first, I read a couple of pages, and I was like gees, he is repeating himself from his previous books, talking about mutual funds and their fees and blabla… But than, I begin to read some new content, something about options… There, I decide to purchase the book, as I felt there was something new right there. And I felt that it was important to purchase and not just to read directly on the spot. One of the reason why of this is that everyone deserve to earn money from what they want to share with others and second, I couldn’t understand at first what it was all about so I decide to buy to study the book at home… oh lol! And I didn’t read it yet.

In the meantime, I am just looking for easy alternative to make money. And I am really sucked at investing. I lost around 15 000$ if not more. But anyway, I just continue doing my way. And there it comes, the Creststreet Alternative Energy Fund (CAM400). The fund had provided a very huge benefit of 21.33% within the last 3 months. This is the kind of return I am looking for. I first did a search on MorningStar. Only the Horizons BetaPro catch my eyes, but those are closes now, from what I understand. After what I go through La Presse Affaires. And there I read Creststreet Alternative Energy Fund. The minimum investment is of 1 000$, which is perfect for me. I read in Canadian Business about the fund and for some people, the fund is kind of suspicious. And no one seems to know about the fund fees. And someone told that the fund had provided 1% in return per week…. For 1 000$, I have nothing to loose. And after loosing so much, I decide to give it a try. My next purchase, on Monday 5th will be Creststreet Alternative Energy Fund.

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… :)

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.