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...