On what's going on with Blue Note Mining

I didn’t have too much time to do my search, but I read that Blue Note Mining had declared bankruptcy. Not that I was very surprised about the news as I knew things were not doing to well at Caribou (New Brunswick). But when I learned about them having discovered some gold near Caribou, I taught things were going to get a bit better… but it didn’t happen…

Its heartbreaking news and I was very sad to learn that Blue Note Mining had been delist from the TSX. BN had been moves into the TSX Venture, which I have no clue what it is about. The delist will be complete on April 1st. Now, I wonder if I should sale the investment or if I can still hold and if I hold – will the money remain? Just sooooo confusing. I didn’t receive any information on this what sort ever – a letter or anything. So I guess the only solution to know exactly what’s going on is… to contact TD Waterhouse! (lol!!!!!)

But what happen in my broker account is…extraordinary…

Blue Note Mining still appears in my account, no problem. But the amount is different. Back a couple of months ago, I had purchased 12 000 stocks of Blue Note Mining – main reason behind the purchase was because the company had a mine in New Brunswick. Which I find cool since I am from New Brunswick myself. It would have been too great if I could only had make some money of the investment. Anyway, in the late days, the current value of my investment had been less than 200$. But now, the amount that show up as current value is 600$ - which is almost the value of the initial investment I made back than; exactly of 689$. Let’s say that with Blue Note Mining, I would only had lost 89$ at the really end.

Now, what I think happen is maybe Blue Note Mining had given some money back to their shareholders. But I wonder where they took the money, since they had declared bankruptcy. I do not plan to sale Blue Note Mining anyway unless I have too. I wouldn’t like to loose that 600$ of mine.

This is a valuable example on why its always better to purchase, stick and hold until the end, just like Derek Foster learn me to do. Because of this I save 29$ (the cost of the transaction that it will cost me to sale the investment) and more than 400$ value on the initial investment. Like WOW. I am just lucky like that sometimes.

I do not wish this of course, but wouldn’t be nice if the same thing could happen with Timminco? The initial value of my purchase use to be of 4 065$ and now, it’s worth 554$! This is worst investment I ever made of my young life as an investor. But I do not wish a bankruptcy for Timminco (TIM), no company deserved to live a bankruptcy. It’s awful for investor, CEO and employees. Because I guess the employees of Blue Note Mining may had been lay-off. And I should be careful on what I write – or say – remember what happen with my morning job? Just too hot.

And, if I continue to look into my portfolio, I just can only laugh at myself about Bank of Nova Scotia. I taught it was a so smart move of mine to purchase BNS at 44.94$... but now each stock only worth 31.60$. Just so hilarious. It’s just show how markets are difficult to follow… even for an expert like myself lol.

TSX forever.

About Derek Foster selling his investments or what love is all about

Wild, unconscious and with a lot of sex appeal. That’s the DF I known from Stop Working. But it’s seemed like the Derek Foster of the old days is gone with the wind. Or something had happen to him. But what? I am late in the news. Derek Foster had soled out of all his assets a couple of weeks ago, middle of March from what I understand.

I do not judge him on what he did, but I do have an opinion on it. I read an article online of the Toronto Star. DF was explaining that he had soled it all because of some search he did. I do not know what he had found, but gees, he is totally out of track lol. Like if I know what I am talking about or something lol. I do not know what he had learned about, but no matter what he did, its clear for me that I will never sale my precious little assets. Those are going to stay with me until the end. And I still plan to invest more in stocks in the next upcoming months – unless I got lay off from the 2 jobs I had left lol.

I guess I have to respect his position. And its true is position is not the same, knowing he had a family to support. I guess he did what he believe was in the best interest for him and his family.

In that article, at the question if he would continue to sale his books, DF answers yes. And this disturbs me. He continues to sale his books on his Web site (http://www.stopworking.ca/), free of any kind of advertisements by the way lol. Like man, you are selling a strategy you do not even believe in yourself! Come on!!! That’s disturbing. But who am I to judge. It’s not now or ever that I am going to say bad stuff on the man who makes me discovers the fabulous and painful (lol) world of stocks. And make me discovers TD Waterhouse bad services.

DF is out of the stock market, but I am still in. And I plan to invest at least 30 000$ per year for the next 4 years or so in order to achieve financial freedom. I might continue to work just to have more cash to invest and become, basically, a multimillionaire lol.

It’s true I own DF a lot like: awful services from TD Waterhouse and lol, loosing more than 10 000$ of my very own money in the stock market. But more seriously, what DF did – trying to explain the stock market to small people well, its extraordinary, its give strength to proceed and just « go for it » lol. If it wouldn’t be of his books, I would probably still and only investing in mutual funds. My Td Waterhouse portfolio had an initial value of about 30 000$ and now, the 30 000 worth 20 000. Which I consider still good knowing the stock market conditions. It’s not like my initial 30 000$ worth now 5 000$ or so. The stocks market worth it a try.

I do not have the best portfolio ever – but it’s not the worst one either. For me, my portfolio is – well, let’s say... show up some great potential to grow overtime – lets say it that way lol. And I am never going to sale any part of it.

But what’s nice about DF is that he decided to go public with it. He could have sale and not telling no one – it will only had been between him and… those guys at TD Waterhouse… lol. His public move is very courageous. I wonder what his projects are now. He might be trying to do some money online lol!! Just hilarious knowing that’s what I had been trying to do those last days.

It’s hard to believe he had decided to grudge into his 400 000$+ for his living. If DF had decided to move out of the stock market, it might be because things might be pretty rough out there. But of cause, I know almost anything about it.

Why investment is also about love and on why I love the stocks market

I believe in Barack Obama more than anything. That’s basically why I am still in « it », because I believe in him and in his administration. More than anything else. And knowing how much we, as Canadians, depend on the US, just knowing that its BO who’s taking care of business, I sleep well at night and I never intent to sale any of my investments – ever since I saw Barack Obama the first time on television lol. For me, I believe Derek Foster lost that confidence and that’s what make him sale all of his investments. Maybe because he is a man and didn’t fall in love with BO like I did. It’s pure love. BO is a black angel and he’s going to fix EVERYTHING. This is how a strong believer I am.

And a true believer like myself do no fear the market in bad times. But this is the perfect timing for me. This is what I had been waiting for! A bad stocks market, low prices and a lot of time ahead. And right now, the combination of those 3 elements are united for my own benefit.

I had been following the stocks market since something like 2005. Back than, I had purchased Fidelity Frotiere Nord with Desjardins. It was a 1 000$ initial investment. Its not now that I am going to sale anything for sure.

About me loosing one of my jobs on March 31

And it’s going to be alright. I am really not into the job searching kind of mood at this time and I will soon be running out of some good cash to invest more. But I had a pretty easy solution that came directly from my brain (lol!!!): doing more hours of what I had been so far my weekend job lol. And I am lucky (I really I am!) – some work will be available during weekdays on the second week of April.

I plan to do 36 hours there starting in April and I will also be doing 37.5 hours at my current full-time evening job. Which is for me a nice solution since my weekend job is close to where I live and I really didn’t want to be job searching. Really not. And the workflow should continue until August. For the period April-August, it will be more than 8 000$ I will be able to save and invest in a place where maybe I shouldn’t invest: the stock market. I just pray nothing will happen to my evening job.

Everything will just turn out perfectly well if things can just continue this way.

It's over

I just had a rough conversation with my mom. She knows I am working during day time and she calls me at 1pm this afternoon, which really annoyed me. I told her that she knew I was at work. Why to call in the afternoon while I am working? It’s like she’s not giving me any respect.

And than she asked me – again – if I ever take a day off, and I get made at her, saying that I was working. What drive me crazy is like she’s always like: are you tired? Something might be wrong with you, you never call. You should come back to New Brunswick. You are working too hard and stuff like that. All the time! Instead, she should be proud, but for her, life is just about free-time and not working too hard. And I am so the opposite and I dislike her so much for saying those words to me: you are working too hard, it might be tough on you. But what’s tough on me is not the work: it’s her! And it’s been going on like this since I finish my studies. It’s kind of unfortunate I cannot find a better job, but I do not mind, knowing that I am in Quebec and hey, in Quebec, foreign doctors are stuck in taxi driver jobs… So should I be very surprised of my own situation?

And tonight, the nightmare went over, I told her not to call me, just for emergencies only and I continue saying that if I wanted to have a friendly chat with her, I will call her. And than she said, but you never call… You bet I never call; I am getting annoying of her comments and her pushing me down – without giving me any encouragement. But now, it's over. I am done with her.

Than she continue asking me what I was doing. I didn’t answer to her question. The reason is quite simple: my own mom is ashamed of me being stuck in simple jobs. Like once I went down to New Brunswick, when people asking what I was doing, I told them exactly what I was doing and than my mom, ashamed of me, told me: don’t say that, say that your working in translation. Like me working in translation like before? Like I barely speak, write and understand English lol. Anyway, she asked me to lie to save her proud and from there, things for me toward her never been the same. I discover her true nature: superficial, selfish and arrogant. The same arrogance as Brian Mulroney.

Pembina is now at 14.25$ and I had lost my morning job

I was so right! Pembina Pipeline Income Trust went up – just like I expected it will! It’s seem like I just make a lovely profit of 225$ right there – and its truly needed. This makes all my week and I didn’t expect Pembina to grow so fast – or actually its share to gain value so much. And once again – my only regret is not being able to invest more more more in Pembina! The lack of money really makes me feel miserable. But seem like I am going to suffer more and more of lack of money in the upcoming following weeks because I will get laid-off of my morning job on March 31st. Seem like... I am going to have a lot of time to write on my blog for now on lol! Its not a totally desperate situation since I still have my full-time evening job and also my weekend job but it’s going to make a major difference in my life not to wake up early in the morning and for the money right, because my life is all about that lol!

On what happen at my morning job and why I do now believe in God.

God exist – I now have a formal proof lol! And it’s H-I-L-A-R-I-O-U-S! This is actually one of the most interesting things that never had happen to me of my entire life!

You can imagine, I got very tired during the last couple of days. And during my evening shift I sometimes get very but very tired. On that day, I told to a co-worker of mine from my evening job something that probably changes my life forever (like I guess I will have to go to church or something lol). This had happened just this last Monday.

My or what had been my morning job is quite easy. But sometimes, customers can really disturb me and are acting like I-m-the-customer-and-your-the-poor-employee kid of thing. Anyway that’s basically why I am following Derek Foster strategy like hell because gees, I have enough of all this and working hard for my money I want this to stop.

Anyway, on Monday morning, what happen is what something happen. That’s all. End of the explanation. I just don’t want to re-live the even against like whatever. I had been working at my morning job for 11 months now, in April, it would had make a year. And I never had any troubles before. And of course, the incident happens with a.. QUEBECKER lol.

And than see, I continue to chat with my co-worker complaining about what happen to me and how I was tired about the job. And after what, I said the following. I said it in French, but in English, it would have been something like: « If God exists, they will fire me, I am tired of the job and I need a rest ».

But little that I know on what was going to happen next. And this if the most interesting part.

The day following the incident, I learn that my last day of work at my morning job will be March 31st. Believe it or not. God exists.

This lay-off affects me and the other workers as no more jobs will be available after March 31st. People working during the day had the possibility to work during the evening as work will me available during evening but for me, the option is not good because I am already working during evenings.

The problem being that the company we had been working for is based in the US and they have decided to move a project to Asia. Anyway… Maybe an Indian will do the job I was doing. It might be better this way – as for me and for them. Someone else will conduct satisfaction surveys to Americans and Canadians that’s all.

I wasn’t shocked about the news by itself. I was prepared and aware. I just knew or doubt something would happen as satisfaction surveys and more kind of an extra. So let’s say I was ready for anything, but I was not expecting a sign of God…

Ignatieff calling Mulroney: WHY? (or happy birthday criminal)

So far on this blog, I haven’t written at all on politic. But this time, I just had too, as I find the event very disturbing.

Ex-prime minister is a financial criminal (everyone will learn that once the public inquiry will be completed) and the one that is now the Liberal – what leader? - Michael Ignatieff might have thought he had done a pretty good thing by calling Brian Mulroney to wish him happy birthday.

WHAT A SHAME!

Weak, superficial and arrogant, this is how I describe what a Mulroney family spokesperson had called a "class act."

That poor man accept more than 200 000$ to promote a friend, arms dealer Karlheinz Schreiber, and in date of today, did everyone forget about this? In this affair, Brian Mulroney had been very arrogant. And from my point of view, Mulroney DO NOT deserves any public reconnaissance – especially coming from a politician. Now, if Michael Ignatieff thing he will get closer to Quebeckers because he had wished a man without loyalty and desperately suffering from a lack of judgment, well, Ignatieff than, is not better than Mulroney and I wish him GOOD LUCK. He will need some! How disturbing!!! I just hope Mulroney will be send to jail!

One day, people in Canada will wake up and stand up, but seem like that time didn’t come yet.

When will Michael Ignatieff get laid off? Are politicans are the same like that. Willing to please to get what they want – just more power?

I want Dion back!

Seem like he’s been teaching at Concordia University. A colleague of mine saw him at the metro Guy-Concordia. If I could ever see him by any chance, I will just say to him: PLEASE HELP US!

Like politic really suck and the Liberal party did a terrible bad move by doing what they did to Stephane Dion. But a day will come when some others, like me, will realize and I wish that, when that day will come, Liberal Party people will feel ashamed.

Shame on Brian Mulroney and may the public inquiry reveal all about his stupidity.

But the funniest part is that – even if Brian Mulroney definitely suffers from a lack of judgment, he is chairman of Quebecor.

Am I a stockholder of Quebecor of any Quebec business? OF COURSE NOT BECAUSE I AM TOO SMART FOR THAT.

(And smart people just follow Derek Foster strategy.)

Same thing for Henri-Paul Rousseau who had been CEO of the Caisse de dépôt et placement du Québec. It’s hard to believe – but after making losing millions of dollars to Quebeckers, the poor man had been hired as a vice chairman at the Power Corporation of Canada. It’s like hello! Who had been involved in this hiring? Come on!

First thing I learn as a very amateur investor is diversification. But its look like Henri-Paul Rousseau never heard of diversification of his entire life. Like I might purchase all 3 books and had it ship to the new CEO of the Caisse de dépôt et placement du Québec – could it be helpful, don’t you think? It could had make a good leaving gift for Henri-Paul Rousseau, instead of him touching more than 200 000$ in leaving bonus. Ah!

Like for myself, I read the 3 books of Derek Foster so many times – just in order to UNDERSTAND INVESTMENTS and how to do things the right way. But its look like some of today’s leader does not get simple things right like that.

I DO NOT LIKE QUEBEC. I truly deserve a better place to live, pay my taxes and invest. And talking about leaving Quebec, I might be able to leave soon since I will lose my terrifically boring and annoying morning job (I am actually the one who is getting lay-off for now). But that’s another story.

Waiting for my Pengrowth dividends

Tomorrow, I will received 50.50$ in Pengrowth Energy Trust (PGF.UN) dividend. I just hope the stock price remain low – if possible less than 7$ – so I can earn 7 brand new units at no cost.

After what, I will have 512 units or so. I enroll in a DRIP for all stocks or unit I have in my portfolio and expect to DRIP until I have enough to financially live from the income but I guess I will have to work for while to see such things happen. And than I could move someplace else than in Quebec! Problem being that there’s just no easy way. And its not easy for me to have to stay in Quebec. And with this recession going on, I just feel more miserable, like I am stuck here forever. Just as miserable as that. But one day I will have my revenge and I will be able to leave and never came back to this horrible province. And I will get back on the reason why I dislike Quebec province – maybe as much as I dislike TD Waterhouse – but even on a upper lever lol.

For now, I just continue the way I am doing right now and I hope to see positive results in my portfolio. At this time, its almost the only thing who make me happy and I can’t wait to see my portfolio to grow from a couple of more units of Pengrowth.

A beautiful weekend spend... at work

I was basically depressed all weekend long! The sun was out, the weather was perfect to enjoy the beginning of spring, but I was inside, working at doing surveys lol. I would like to enjoy the weather a bit more. On Saturday evening, I finish my shift at 18h, so I went out after that. I went to see the new movie Watchmen. After what I walked on St-Catherines, and I got back home. And it was about it of what I did exciting during my weekend. I believe winter is over and I just hope I won’t have to wear any heavy boots anytime soon.

I was looking at a local paper and I find an interesting job offer, part-time job this on, located near my evening job. I was thinking maybe to apply to the job to replace my morning job that just keeps cutting my hours. It will be so nice to have a fix part-time income of, let say, 300$, or even more if it can pay more. I just don’t know if the time is right. It’s kind of a rough decision. Like I don’t know what to expect anymore from my current morning part-time job and I feel so lost. Like for tomorrow, I don’t even know – again – if I am working or not.

My status of registration with Gomez PEER is still Pending. And after all this time past, I wonder if the program is just a scam of what’s going on with it. Not that I make tremulously money from the program; I am actually at 2 cents now. But before getting the program run on my computer on a regular basis, I want to find out if I will actually get approved. Anyway, I find the delay annoying.

And talking about delays, I am waiting to have a tax-free savings account with my TD Waterhouse account. And at the same time, I was thinking of switching to a cheaper broker. At 29$ per transaction, TD Waterhouse is not cheap. Like me who trust no one, and especially TD Waterhouse lol – I need to get a broker who will be cheaper than 29$ for my little transactions. I just can't wait to me completly done with TD Waterhouse.

On the special dividend of Sprott Asset Management on April 6th

Special dividend for A SPECIAL LADY.

I just learn the great news a couple of days ago. And I was like WOW! This is what I need. Especially after loosing so much money with Sprott Asset Management (SII). I have the good idea to purchase 500 stocks of Sprott when the price stock was of 10$ or so… lol… And now each unit worth less than 5$. On April 6th, the dividend is supposed to be of 15 cents per share. And since I hold 500 stocks of Sprott, its 75$ I will receive on April 6th, in real cash…. Not Internet money lol. A 75$ just for me.

Will there be a special dividend for my other investments?

And about Internet money, my status for Gomez PEER is still pending… And so far, I didn’t enroll in any other money making online. I just been working like hell and I just don’t have any time left to invest in it. It’s possible to earn some money online, but its take a lot of time and energy to start with at first and right now, I am missing both of those things, time and energy. But sometimes, I wonder if it’s just some laziness of mine. One day, I will wake up, fully determine and I will say to myself: let’s do it, like right now. It’s been a tough week for me. I got a cold and have to buy some medications. I complete a form to have a tax-free account with TD Waterhouse. And here am I, this morning, at my morning job – there was no work. But it was a good week – only for this morning, I wasn’t able to work. And I wasn’t too upset about it – I was feeling tired because of the cold medication.

Knowing I lost so much money in the market, it makes it quite nice and enjoyable to earn a bit here and there from regular and special dividend. Only it’s not possible to DRIP from Sprott Asset Management (and their dividend is super low!). I guess I will transfer the money over my credit line to pay it off a little. I am not really preoccupied by the market volatility, but I am more getting frustrating on dividend cuts. But it worth it to purchase and hold.

I would like to be able to reach 3 000$ in dividend earning by the end of 2009, but I don’t know if it’s another impossible goal to reach of mine. Like I had been working to reach 50 000$ in investment for about… 3 years now lol!

And talking about dividend earnings, let’s calculate them again, for the upcoming year to keep us motivated:

Bank of Nova Scotia (BNS) [1.96$ annual dividend]: 197.96$

Fortis (FTS) [1.04$ annual dividend]: 105.04$

Livingston International Income Fund (LIV.UN) [0.504$ annual dividend]: 50.904$

Methanex Corporation (MX) [0.7975$ annual dividend]: 80.5475$

Sprott Asset Management (SII) [0.10$ annual dividend + 0.15$ special dividend]: 50$ + 75$

Pengrowth Energy Trust (PGF.UN) [1.20$ annual dividend]: 606$

Pembina Pipeline Income Fund (PIF.UN) [1.56$ annual dividend]: 156$

TOTAL: 1 321.45$

I am in love with my portfolio.

$$$

I post in my blog a new section call My Dividend Earnings Calendar Year 2009. Its show up somewhere on the right column. I post in it the dates of the supposedly dividend earnings. I find the question mark (?) pretty hilarious. My calendar is unfortunately incompletes. I cannot find the dividend distribution dates for MX and my brand new PIF.UN. But the information is essential.

I just purchase 100 units of Pembina Pipeline Income Fund at 12$

And now, the price unit is of 11.92$... lol

When I learn I was not working, I did another payment of 329$ on my TD credit line. Just the day before, I had gave 700$ on it. Than I took the metro, when back home, connect to the Internet…. And did what I had to do lol…. I purchase 100 units of Pembina Pipeline Income Fund. Unfortunately for me, I didn’t have enough money to purchase more.

I just couldn’t wait until April. Since I saw the price rising again, I was afraid the units’ price will become just too high in April…

I was quite tempting by PGF.UN, which is lower than 7$ per unit at this time, but I felt it was important to diversified a bit my portfolio and Pembina is a good choice from my point of view for different reasons, but mostly for its rich dividend of 1.56$ per unit.

And I think I did a great move because the lowest price for the past 52 weeks was of 11.68$. And I purchase the units at 12$, which is quite close to 11.68$. As soon as I can pay at less 1029$ on my credit line, its just too tempting to purchase something else and I am now happy to have Pembina Pipeline Income Fund in my portfolio.

I am officially trying to make money online

Why it’s cool? Because with Gomez, my computer is doing all the work for me. And I have absolutely had nothing to do. It’s like Money for Nothing of you know who kind of deal! Basically, with Gomez PEER users get paid while their computer is connected to the Internet. It’s possible to earn money even when you’re not actually actively surfing the Internet. Like me right now.

The only thing that is needed is to download software. And the program is really easy to download. It’s work with Windows 2000/NT/XP/2003.

Once the download is completed, it’s taking up to 14 days to get fully registered in order to earn cash. I download the software about 4 days ago. I didn’t how it works, but than, I register my user name and the type of connection I am using for the Internet in a Window that appears. Starting from there, the process began. It’s possible to see the earnings in real time. For 120 minutes I had been connected to the Internet, I earn 0.01 cent. This, of course is really nothing at all. But the concept is really interesting. From the search I did on Gomez PEER, some people consider it as a SpyWare. But I install the Gomez PEER program on my laptop in which I have Kaspersky Internet Security, all new from this year, and nothing happen, and I run updates and virus searches quite often.

My account status with Gomez PEER is still Pending so I don’t know if I will ever be able to touch that 1 cent I already earn from the program lol. But even in the meantime, I let the software run. It doesn’t even slow down my laptop – which is not that new – I have the same machine since, I think 2005. Trying to make money online is fun fun fun. After reading this post, if you decide to give Gomez a try, don't forget my referral: JulieSky.

Pembina Pipeline Income Trust all the way in April!

Thanks to DF, I know about Pembina Pipeline Income Trust. I really want to see my dividend earnings rise and the only thing I want right now is to add Pembina Pipeline Income Trust to my portfolio. To see my dividend earnings rise, I need stability, and Pembina can probably provided what I needed – good continously amount of cash!

PGF.UN really put it hard on me. I was expecting something like an annual dividend of 2.70$ and now, almost half of it had been cut off. Experiment dividend cuts at an early stage make me realize that I really need more than just 50 000$ invested in all PGF.UN in order to earn 15 000$ - as I wrote in one of my previous post.

Because dividend earnings is not stable at all, I will probably need way more than 50 000$ and probably need other things than PGF.UN. But things are just sooo simple when it come to investments - it’s all about picking the right stocks – and, also, have enough money to cover the cost of those investments. I expect to invest again in April.

About Pembina – I read somewhere in a title of Stockwatch the following:

"Globe says Blackmont recommends buying Pembina Pipeline". Who’s Blackmont? I don’t know. But that’s not what is more likely to turn me upside down.

Here where things are getting interesting and hot:

"Pembina’s established reputation of delivering stable and reliable distributions to unitholders is supported by premium, energy, infrastructure assets; diversified services; strategic expansions and additions; prudent financial management; and strong stakeholder relationships".

There you go! Seem like Pembina understand it all and if it’s the way Pembina is being managed, my relationship with Pembina will last forever.

And even more interesting:

"As a result of the changes in the way the Canadian government plans to tax certain flow-through entities, including Pembina, commencing Jan. 1, 2011, Pembina’s board of directors has determined it is in the best interest of unitholders to convert Pembina from an income trust to a corporate entity in the latter half of 2010. Based on Pembina’s internal projections and certain assumptions, the fund expects that the current level of cash distributions ($1.56 per unit, annualized) is sustainable through 2013, after the planned corporate conversion. This positive outlook is founded on Pembina’s attractive business fundamentals and substantial inventory of growth opportunities, including the estimated $400-million Nipisi and Mitsue pipeline projects."

I just like that stuff!

Pembina = $$$ lol.

At this time, I am working hard to pay off my credit line in order to be able to use some money from it back and purchase – if not 300 units – at least 200 units of PIF.UN. But for that, I need more cash and save more money.

And after Pembina, what’s next?

Grest-West Lifeco (GWO)! Especially at not even 13$ per stocks! Hope it remain at the same price until… May or June until actually I earn enough to make another purchase. I definitely need more cash!

About Livingston International Income Fund and why I am getting tired of it

I really dislike Livingston International management at this time. I just get through the reading of a press release in date of February 27 – which kind of old now, but it’s better now than never I guess.

In that press release, LIV.UN management explains what they had decided to do in order to face the crisis. The 3 major measures being the following: "Company-wide salary and hours reduction", "Elimination of salary increases", "Voluntary resignation incentive".

I am ok with the "Elimination of salary increases" and with the "Voluntary resignation incentive". But what I am way concern about is the salary and hours reduction. Like wow. Before cutting on the hours of their employees, it will be so much more intelligent to just cut completely off the dividend until things came back to a more normal state.

Because anyway, from 100 units, I will only earn 4.20$. Since the return is so little, I will way find it more professional from them to just announce a dividend cut instead of cutting the working hours of their employees. But life is like that. For me, it's sound almost like LIV.UN is close to bankruptcy.

And it’s in time like those that I am happy to just have purchase 100 units of LIV.UN.

Out of work again

My morning job really begins to drive me crazy! I had been off on Monday morning. Yesterday I work the whole shift, 4.5 hours, but today… there’s no work for me! Let’s say it’s not tomorrow I will be able to purchase my next 100 bundle of stocks! I need more cash.

I was glade to have off on Monday morning as I took an appointment to get an hair cut that I was desperately in need. It’s good to have some free time, but at this time, I really need money as I want to purchase more stocks or units – whatever they are! And there’s also my brother who wants to visit me here in Montreal, that’s just fine with me, but I will feel mean if I don’t pay for a diner or something. My bank account is dry; all the money is invested in mutual funds, stocks and other. And my dividend earnings are automatically being reinvested to purchase more stocks. I enroll in a DRIP.

I complaint a lot here about my morning jobs, but it’s really releasing and I had my laundry to do anyway. And I am looking for ways to make some big cash online lol.

My first article submitted to Associated Content got rejected

But good news: it wasn’t because of my poor writing skills (!!!). It’s just I had that idea to write a bit on the new Air Miles toolbar that allow users to collect Air Miles through Yahoo! Search. From there, no problems, until I submit the article – which got rejected. But I had the possibility to re-submit the article – but enough is enough, I work 5 hours on that little article lol. Gees! That’s why I post the article write here on my blog - Collecting Air Miles through Yahoo! search engine: the dream now reality. But I won’t be able to re-submit the same article to AC.

I find very cute, like the way its sound, like I am all excited about Air Miles and stuff. Just another marvelous-marvelous post of mine.

Other than getting rejected on my really first submission (which I will explain the reasons for – I didn’t read the guidelines submissions first – part one), I find Associated Content very interesting. It’s a nice way to earn a little extra income via the Internet – way better than just a way-too-boring pay-per-click program!

Unfortunately for me, because I am in Canada – Associated Content do not pay as much as if I will be a US member. It’s part of the reason why I decide just to post the article on my blog – like whatever lol. But I will try again to submit an article to AC later on.

My article got rejected because I insert a Web site address in it. That’s all.

Collecting Air Miles through Yahoo! search engine: the dream now reality

Canada's largest loyalty program now offers a new way to earn rewards! Yahoo! search engine now offer the possibility to earn Air Miles, at no price. I first learn about this exciting opportunity on the cover of free newspaper Metro.

The best marketing combination of all times: Air Miles and Yahoo!

I use Yahoo! search engine on a regular basis. I am also a user of its email and Messenger services. (...).

Air Miles is my favorite rewards program because it’s allowing to redeem loyalty points in order to receive a discount on bus tickets (among other things). Examples: For as low as 150 reward miles, Air Miles program allow users to receive 40% off on regular Greyhound Canada bus ticket. And for only 50 reward miles, it’s possible to receive 40% off on Orleans Express tickets. And here’s where the Air Miles program is getting very rewarding.

The new Air Miles toolbar allows member to collect up to 30 Air Miles per month. Which mean, each month, it makes it almost possible to reach 50 Air Miles in order to purchase an Orleans Express bus ticket at 40% off. Interesting!

Both combined, Yahoo! search engine and Air Miles rewards program are getting very powerful.

How it work?

First, a toolbar is needed. The download is free of charge! The toolbar is available at the following address:

https://www.airmiles.ca/arrow/Toolbar

As an Air Miles member, your collector number will be needed. It’s actually being requested before downloading the toolbar. And if you’re not an Air Miles member yet, registered now! The new Air Miles toolbar make it even more rewarding to enroll to the Air Miles program. The toolbar download can be done through Firefox or Internet Explorer. And it takes less than 2 minutes to be completed.

Once the download is completed, restart your computer, and start searching! As soon as the minimum of 50 valid searches is completed, you will earn 5 Air Miles. It’s that easy and rewarding.

And if, like me, you like to track down your Air Miles account balance, you will no longer needed to log in into your rewards account – a simple look at the toolbar will allow you to find out how much Air Miles you have.

As a Canadian resident, I had below described my views on the Air Miles program offered in Canada. The same program is also available in the US, United Kingdom, Netherlands, Spain and the United Arab Emirates.

Out of work again

This morning, I wake up as usual, prepared to get to work, and gave my morning call to see if there was worked from a pay phone close to the workplace… just to learn that there was no work available… It’s always the same crazy story each morning. From that part-time job, I now earn more or less 200$ per work. Before, it was better, I was able to work most of my hours and earn 250$. I was quitted happy with it.

I am really in need of a better – if not a better pay – a better stable part-time job. But I am in a mood for job searching. I am just too lazy at this time to do so. And I was happy to go back home this morning to enjoy my Internet connection. I order the Portable Internet of Rogers. Its not high speed Internet, but it’s allowing me too listen to music and surf the Web – basically the 2 major things I do with my computer. I had been working from Monday to Sunday non-stop. I enjoy a free morning.

There so much possibility right now in the market! Especially now, when the market get so low, PGF.UN is now less than 8$. Even if the dividend had been cut, PGF.UN represent for me a nice source of income, and it should only get better over time, knowing that once, dividend was of 2.65$.

My first 50 000$ is now from Associated Content! I registered a couple of days ago just for the fun of it. I just submit my first article - it took me 5 hours to write a 462 words article lol. I just hope the English is ok. Since like I am having some free time, it take something to occupy myself. It’s not easy to come with original ideas and write in English because it’s just not my language.

Super-super Creststreet Alternative Energy Fund

While some companies are announcing dividend cut, my Crestreet keep going up up up! So high it make me want to invest another 1 000$ in this magic fund. Well, not that high, but my original 1 000$ now worth 1 016$. And in this difficult time, it’s almost a miracle that this investment is not making me loosing some big cash. Actually, the Creststreet Alternative Energy Fund is the only investment that makes me gain some capital among all of my investments. But here, I am thinking about the value of the investment only, not any dividend earning.

The Creststreet Alternative Energy Fund in the kind of fund I would like to have transfer into a Tax-free savings account, since its look like this in a US fund kind of. I don’t really know too much about this particular fund. And at a point, I don’t care about knowing more about it for 2 reasons: I just don’t have enough time to educate myself on the basic of the basic as I have other things to do and, second, as long the fund is making me gaining some money, I am quite happy here. No major search involves. Only cash is needed. And with Creststreet Alternative Energy Fund, only 1 000$ is needed. It’s the minimum required, unless they have change the rule with their new Class B. Because now Alternative Energy have a twin.

Creststreet Alternative Energy Fund was just one other great move of mine :) lol

I really enjoy my investments.

Me and Nadya Suleman

No that we have that much in common - but I will get back this part a bit later - but I have been very shocked, no that much about her giving birth to 8 cutties - but very more on the bad press she had received from those Americans. I listen to her interview and than - suddently - it all make more sense - it wasn't plan - she was not supposed to give birth to 8 babies. It's mostly the fault to her doctor than herself - but she, of course, never said such things in any of her interviews.

As for me and Nadya Suleman, we do not have in common, but:

She like children - I like children too

She's single - I am single too

She had a lonely children - growing up in New Brunswick was not the best

She's a look-like Angeline Jolie - but I am not lol

And I am looking to donate her some money.

Her Web site:
http://www.thenadyasulemanfamily.com/

Facing dividends cut... again

This new dividend cut is making me laugh so much because I got that little piece of paper I made. On it, I carefully write my dividend earnings for the upcoming year. But, now, with the bad news coming from Pengrowth Energy, it’s look like I will have to throw away the precious little piece of paper.

It’s now the turn of my famous PGF.UN to announce dividend cut. But still, I am going to earn 50$ from this investment on the next distribution, which will be in March Just in February, with the DRIP I enroll in, I earn an extra 5 shares of PGF.UN. I would like to earn an extra 5 units in March also. But at the same time, I wouldn’t say no to a monthly 50$ in my pocket. It will pay for my Internet and extra coffees. As little money that I can make from those investment, I prefer just to DRIP from them at this time. Over time, I will accumulate more and more of those marvelous.

I am really looking into purchasing extra 500 units of PGF.UN. That way, I could earn 100$ per month - at this only condition - no more dividend lol

Everything is going fine for now at my jobs and at the full-time one, we begin to receive calls like crazy again like in the old days, which is good. Maybe some overtime will be available soon...

Hot news

I very happy with my new 200 Pengrowth Energy Trust (PGF.UN) units of this week. With now 500 of those marvelous, I am now in business lol. And now I am a real investor. :)

I work a lot this week at a couple of different things and I actually didn’t quite any of my jobs yet, but at a point, I am getting very mad and frustrated. But never mind for now. The only thing I need at this time is another good year of income. And I feel very happy to have my blog at this time just to get rid of all those stupid jobs frustration. And working during weekend is very annoying. I would prefer to stay home. I just got my place a bit cleaner lol and I have mass of papers. My taxes papers are not all ready yet. I finally set up an appointment with Desjardins for my RRSP.

And thinking of it, I calculate again my upcoming dividend income, and it should make an average of 1 500$ as Pengrowth Energy Trust is at 2.04$ dividend now. Which make an average of 125$ per month. I just find out that UN like PGF.UN pay a monthly dividend lol. What hilarious.

I now have an eye on Pembina – PIF.UN I think it is because the company had announce that the 1.56$ dividend per share will remain until – something like 2013 or 2014. Which mean that Pembina dividend is practically 100% sure for the next 4 years. This is super great. And the company is about to close a 400 millions deal. Hopefully, I will earn enough soon to purchase at least 200 shares – but it might be only in 2 months. Problem being that Pembina is not that cheap, at 14$ and I wouldn’t be surprise if the price just keep rising as good news are coming from everywhere for Pembina.

Pembina is THE mine of gold. And talking about mine of gold, things are getting better for Sprott Canadian Equities, which is up at a bite more than 27$ now. It was about time. But what I really loose money into is Timminco.

So I get in mind to forget those advices I read in the Globe and Mail, Canadian Business and other junk lol, and just continue the way it is. And the way it is is DF way. Again and again and again!!! It’s from the latest Money for Nothing I learn at first from Pembina. Maybe it was from Stop Working and the Lazy. I never before closely look into his portfolio until a couple of months ago.

But one good thing at least I learn from Canadian Business in an edition of their magazine, they classifies Pembina by being one of the best manage company. TD also figure in the list, but I thing they shouldn’t appear there lol.

Anyhow, a lot is going on right now and if things can just keep going, I might be able to build something very nice for the future, before I hit the magic 30.

Dividends update

LIV.UN : 100 x 0.504 = 50.40$
PGF.UN : 500 x 2.70$ = 1 350$
SII : 500 x 10 cents = 50$
MX : 101 x 0.769 cents = 77.669$
BNS : 101 x 1.96$ = 197.96$
FTS: 100 x 1.04$ = 104$
= 1 830.029$

Last time, when I calculate my dividend earnings, I forget about FTS..... I know PGF.UN might not pay 2.70$ this year in dividend, but as a strong believer, I prefer to believe the dividend will be 2.70$... And here I am, with 1 830$ income for life, every year of my life. I am just missing little to reach the goal in 5 000$... But it will be preferable if I could just completely pay off my credit line and get a better job ;)

New PGF.UN: 200 stocks

I just purchase 200 new units of PGF.UN at 10.03$, which I am very excited about. I now have a total of 500 stocks in it. I previously had 300. I was looking on YLO.UN, but the dividend is very low and I really like PGF.UN anyway. Now my credit limit is almost full. lol I refund 1230$ on it this week, but now I just purchase PGF.UN.

Crazy am I to do such things, but I really like PGF.UN. Next purchase might be Pembina PFI.UN I believe it is. But I just hope prices will just false down...

Worst day ever

The day went just fine, but at a point, I get upset at some point of the day. It take a lot of self control to ge through things like I am getting through and I am really happy to have my blog to at least be able to, if not doing something concrete about it, just to get some kind of a compensation. Anyway, what happen just show the stupidity of the whole thing and maybe some of my own stupidity. I was at my morning job – I was actually working this morning. Everything went super fine. At 1:30pm, at the time I usually finish, one of the supervisors tells something about me, that I could stay until 3PM if I wanted.

Which I was quitted happy of, but than, the other supervisor just told the exact opposite, that I had to go. That what piss me off. And I get to a point that I now have enough. Most of their major projects got cut off anyway and they are not very kind to anyone. They have as excuses that its because of the recession that’s going on in the states, but if they were just a bit more professional in their manners, maybe a lot would had been done in a much better way. I know them to well now and I know they did it just to piss me off. They were running out of numbers anyway and I could see that there was not going to have that much samples for the bunch of people we were. And anyway, I got tired of survey job. My life just makes any sense.

I get through the reading of the documentation I had received from BNS today and I have to say, I find it very interesting. I will probably vote FOR all the propositions. I just find it very cheap from the administration board of Scotia Bank to come along and say ok, here is why you have to vote AGAINST… It’s having the complete opposite effect on me. And when I go through the reading, from what I cam over from my very little interpretation is that the administrative board is suggesting voting AGAINST the different proposals because they do not defend their causes. And there that lady over there who do not even hold 200 stocks of BNS and she’s from the administrative board. Which I find totally out of the track. How can you be on the board of a society if you not only hold 200 stocks? That one had to get out of there and I want her out of there. Oh lol. With me, everyone is going to loose their job. I want them all out of there.

Since I am not working tomorrow, I could take the time maybe to go to an hospital for my left hand because its so weird, I don’t know what to think about it, if its broke of what. Its not getting any better or worst. But knowing myself, I will probably just stay up all night ans writting about everything and anything.

Tomorrow, I have no excuses, I can do my RRSP and all the other little thing I need to do. That's including searching for another job! Starting from right now!

Creststreet Alternative Energy Fund Class A, and now a Class B

Since I purchase my parts in this fund before they had opened the Class B, I believe my parts are in the Class A lol. I just notice a couple of days ago a Class B in the Creststreet Alternative Energy Fund and I think it’s a good sign. I think its mean that maybe the Class A is close, and maybe they have opened a Class B because their Creststreet Alternative Energy Fund is a star fund.

I invest in this fund because of its 142,69% returns in one year – in a year of recession. I consider Creststreet Alternative Energy Fund as almost as a mystic fund. And I was very happy when the fund finally arrived in my TD portfolio. It took like forever and the poor guy who sale me the fund never told me about the special delay. Usually, you purchase a fund, it get inside you portfolio – not immediately of course, I know that at least, but let say the next day or something like that. But for this purchase, it took forever, and the representative never says one word about it. This is another reason why I dislike TD Waterhouse – for their lake of caring.

Maybe TD is treating me like shit because they dislike me as much as I dislike them. Another idea of mine.

I have that jerk at my weekend job who is now listing to our interviews and I just cannot believe. The place is incredibly dirty, the pay is low, and it’s their buddy who received promotions. I am not talking like this because I wanted to listen to interviews myself; I have absolutely no interest in their business, especially in Quebeckers business. But hey, when a jerk has the authorization to evaluate your work, well that’s a living hell. And I am living in hell in Quebec. And their new person in charge of their Human Resources is like – wow – incredibly out of her mind. And I am seriously thinking about stopping to work there during the weekend. I do not have any free time and I miss sleeping in late and just walking around, doing nothing at all. I don’t want to deal with losers anymore. But at the same time, I earn an average of 300$ bi-weekly – it make it enough to cover the cost of my rent and pay part of my metro pass.

I am here in a shadow. Can I continue another year or 2, I don’t know. But for sure, I want to get out of here if not before, at least at 30. I am just in need of a change. The reason why I didn’t leave yet is because of my jobs situation. I make an overage of 750$ per week after taxes, but it’s true I work 70-80 hours per week. But the only thing I care about is the money, nothing else. And it’s now been going on like this for years.

I am just so incredibly in control of myself that all of it is doing so smoothly and so well even with some difficulties.

But all that talking about Quebeckers just makes the pain in my left hand more painful.

:)

Weekly update... working at taking decisions

I just received on yesterday a package from the Bank of Nova Scotia (BNS). And there I saw the address of Halifax, Nova Scotia on it. I was surprised to see the address of Nova Scotia, as silly as it sound. It’s like I do not have any real connection or interference with the company I invest in. But who really does anyway? I am quite excited here. It’s like me, taking important decisions for the Bank of Nova Scotia? WOW! It’s just unbelievable. But as a proudly shareholder, I am going to do my search and vote seriously. And Nova Scotia is in the Maritimes and me from the Maritimes I. That’s where is located the connection between me and the Bank of Nova Scotia.

The power now belong to…… me, New Brunswicker lol!

Another week pass – and I prefer to take it one week at a time. The TSX is now up to something like 9 000 now. Oh no! I want my low market back! It’s like I am having so much fun! I cannot wait for next week, I will have 1 000$ or so to put down on my credit line and I will be able to purchase other stocks. This time, I might invest in something else than PGF.UN. As little money that I have, let’s diversify, diversify and diversify!!!

And talking about TD (because I unfortunately have a TD Waterhouse account), I get very angry at TD as I received that letter – TD was going to make client pay 35$ for inactive credit line… I was so upset! How disappointed I was, I cannot tell, even if I was not being directly touched by the measure at the time, as I (unfortunately) use my TD credit line on a regular basis. But at least, now, Canadians know, all Canada know now, that TD is just like the other, just a bank looking to make profit on small people. I am saying this, even knowing that now TD had step back – and they probably did it because of complaint they have received. The reason why I was upset is the following: I imagine that if I was going to stop investing and stop using my credit line, it wouldn’t be far for me to take out 35$ of my pocket just because I do not want to continue to use another bad service coming from TD (I just cannot help it).

The ideas behind my taught are the following: if eventually TD had move forward with their bad decisions, I would eventually had to close my TD credit line and open another one someplace else. But than, I would had affect my credit score and than, I taught that if it was going to happen, I would eventually sue TD and ruin them by doing a collective cause and get millions and millions of dollars of those dogs for all the people who had suffer from the same condition as myself (because of a ruined credit score). But lucky for them, they never move forward. Shame on TD and on their way of doing business. Their administrators have no heart.

That’s all I have to say.

And when I read the following coming from TD spokeswoman Kelly Hechler:

"We wanted to cancel the inactivity fee and also do something that we thought would be helpful and meaningful to our customers"

I just can think of one thing: BULSHIT!

(!!!!!)

Another month

We are now in February, another month had passed by without me being able to reach my first 50 000$ lol But that’s ok.

The situation is looking a bit better at my jobs, even if the overtime had been cut at my evening job. And now, I begin to regret times where overtime was available and I wasn’t doing any or so little… But again, the overall is not looking so bad at the end, but only at the end. And I get a point where I get exhausted, just like for last Sunday evening. But I felt a lot more better Monday morning and I didn’t sleep in like I taught I would as I was feeling better than the previous evening. The weekly routine is quite awful for me. Week after week, day after day, I know exactly what my day will be, from 9 am to midnight, from Monday to Friday, no surprises, or almost none. And than, again, Saturday and Sunday….(lol)…. But good thing it’s only an 8 hours shift on the weekend. And the fact is that if it wasn’t from it, I wouldn’t be able to purchase as much stocks and I really enjoy investing, as I keep writing.

I plan maybe to take a couple of days of vacations from my evening job. I now accumulate something like 1 000$ in vacation pay. I try to cash in the money without having to take the vacations, but it’s seemed impossible. And I taught of that idea that it’s should be aloud by government to cash in vacation pay if it’s for RRSP investments. I am in this situation like now.

All my little efforts seem to be so vain lol. Concrete real-life example: I had 30 000$ in my TD Waterhouse portfolio and now the 30 000$ only worth 18 000$.... lol. And there is multiples reason for this. A bad market and bad choices. Let say I learn from by bad moves. But it’s not that it should be read as bad moves by itself, its just maybe that I am trying too hard. The worst for me was Sprott and Timminco. At this time, Sprott is doing better than Timminco. If only Sprott could reach at least its original stock price, I will sale them all, and instead I would buy TD stocks or BNS or PGF.UN or just something else lol. I doubt Timminco will ever reach back its 20$ or so as the price is so low now. However, I do no regret any my choices and I continue enjoying the market and act stupidly lol. I just be just out of my mind when I purchased BN lol… I am just an operator and a survey girl after all.

My good moves and the ones I am proud of: FTS and PGF.UN. But also BNS and MX. And let’s add to that list LIV.UN and also MX. At this time, I still need a low market so I can invest massively in stocks. Just in 2008, I invest more than 30 000$ in my portfolio. I only need to repeat the same thing for 2009 and 2010. In 2010, I will be 30 and I hope I will be able to reach 15 000$ in dividend earnings at that time. And if, by any chance, the market remain as low as it is now, I will probably be able to built a nice portfolio who could provide more or less 5 000$ in dividend income by the end of 2009. That’s really the goal for 2009. I keep calculating over and over again my dividends earning from the stocks I have so far and I am still like, Wow! I just hope I am getting the whole concept correctly. And who said anyway that you have to understand the company you invest in? Oh yeah, it’s DF again. Well, I do not understand it all but my idea is that if I keep investing, than, something good will come out of it. Stock, market, all those companies, it is all complicated and it make it impossible for me to understand. And I barely know the company I earn. I will not deny it.

Thinking again, the really best would be a 2 years of low market. By low market I mean a market where stocks are cheap enough so I can purchase them all lol. Because I don’t have that much money, when a stock price reach 20$ or more, that’s expensive for me.

I will probably be able to purchase 200 extra stocks of PGF.UN by next week. For a total of 500 at the end, as I already own 300 of those precious stocks. I just pray that the stock price won’t explode in the meantime… !!! I could invest 1 000$ right now, but I prefer to wait and be able to invest around 2 000$ or a bit more and than purchase 200 stocks. At 29$ per trading, I way prefer to wait until next week. I just need to be more patient. But I am pretty please with my portfolio the way it is right now, even if I lost a lot of money and I won’t be too sad if I would have to stop purchasing stocks for a while because of a lack of work, job lost or anything else. From my point of view, my portfolio show a good potential of growing as time pass by. And it’s getting ridiculous, working 70 or more per week as result of a sweet obsession. But as far as I remember working, I almost had been working like this for a long time. And it get at a point that I want to cash in my vacation pay, but it’s seem not to be possible and I find it very unfair knowing that the money could had served for my RRSP.

Nothing else had been done this week for my RRSP. I am really getting bored when it get to it. The only left that I see I could do about it is the Fidelity Frontière Nord mutual fund and also the little money left in ING Direct. But lucky am I if I can reach 5 000$ this way for my 2008 RRSP. The best would be to be able to reach the max possible of 7 000$. But it’s look like things never turn out the way I want.

Another busy week

This week was quite a busy one, as I get another step in the 2008 RRSP direction lol. I transfer the mutual funds I had at CIBC into RRSP. I proceed over the phone only and everything went smooth. The guy was super good with me and once, I just cut him off and I ask him if he was going to offer me to take a loan lol! (I was still shock from my experience with RBC!!lol). And than he told me that no, he was just letting me no that he could had work out something better for my RRSP, like one of their portfolios but I said no. But it was gentle from him to offer me that and it’s really the best experience I had with an advisor. And it was over the phone. The name of the guy appears on the paper and it’s seem like it might be a sexy Italian guy. He had a very nice voice.

Even with those changes ahead, even with my new RRSP mutual funds at RBC, I do not reach the 7 000$ I need to save in taxes. Anyway, I try very hard. One thing that didn’t help me at all is the fact that the RBC O'Shaughnessy Canadian Equity Fund is close. Which make it impossible to move it into RRSP. At this time, the only « transformation » left and possible is the Fidelity Frontiere Nord mutual fund I own at Desjardins. Lucky am I if, in total, it make an overall of 5 000$ for my RRSP.

Other than that, I am quite busy with all my jobs and other, but the hardest is my morning job, where I have to call almost 2 times per day on weekdays to see if there work available for the next morning. At a point, it’s really driving me crazy and I got tired. I am lucky enough that when I end earlier or when no work is available, I can run to my evening shift and do overtime, as overtime is available even if we are not that much busy. I find it really strange that’s some overtime is available, but I believe they still need, as a contractor, meet their hours and that’s why overtime is available. But it make it very long to make a 12 hours shift at the same job in one day and sometimes, when I learn in the morning that there’s not enough work for me, I just go back home or I go to a coffee shop or do something.

Like right now, I don’t know for sure if I will be working tomorrow morning, but form my end, I don’t think so. Worst part is not having a phone or cell at home so I could call before actually getting out, but I do not have a phone. So each morning, I get ready, phone in when I close to their office, and if they told me yes, there’s work, I just go in and if not, well, at least, there’s my evening job.

But right now, I am tired and if something happing tomorrow, well, I will just go back to sleep. I will be able to sleep in until 14h30 if I feel like it.

But the worst coming from the inside of my left hand. I have this pain since the end of December. Its all begin when I invite that guy to try to fix my laptop for free to the movie, just for fun. But unfortunately for me, he didn’t know where was located the parking lots – its true it’s was a bit difficult to find. And unfortunately for me again, he park in a place where the snow was in ice and once he wanted to go, he was stuck there for good. So I push and I push so hard on the back of his car, there was nothing to do. We were stock until someone stop by and had the proper equipment to get the car out of the snow.

Not that it’s that painful, but it’s very annoying, that little feeling I have in my left hand. I don’t think my hand is broken, as I have no problem to open or close or move my fingers, but anyway, I feel that pain and its make me realize that hey, inside my hand, there might be muscle or something like that lol.

For now, the overall portrait is not looking so bad, but I desperately need a hair cut lol

Working to make it happen

This past week had been quite awful for me. Other than the RRSP at RBC part, I invest in Livingston International (LIV.UN). I purchase the stocks at 5.99$ or 6$. I purchase 100 of them. The annual dividends was supposed to be at 1.70$ or so, but now its down to 50 cents. Facing dividends cut is very sad, but its look likes its part of the game. I don’t regret the purchase any way. And it might be the reason why the stock price false down to less than 6$. Facing dividend cuts like taking away the dream of financial freedom. But still, the overall portrait is not looking that bad for now.

I take a review of my futures dividend earnings, and it should be something like this:

LIV.UN : 100 x 50 cents = 50$
PGF.UN : 300 x 2.70$ = 810$
SII : 500 x 10 cents = 50$
MX : 100 x 0.62 cents = 62$
BNS : 100 x 1.96$ = 196$

Total Dividend earnings with stocks I have so far: 1 168$

Which I am quite happy with. I just can’t wait to see the money coming or seeing it « dripping » - if only it can. I enroll in an automatic DRIP. I gain one MX stock that way back in December. I hope to gain enough money in 2009 to continue to purchase stocks from time to time. What I wish for is a low market so I can continue to purchase stocks at cheap price. Investing in stocks is very addictive and the more I buy, the more I am being additive.

Other than the RRSP part, I have 2 horrible news. At my daytime morning job, they are facing lack of work, which mean I probably won’t be able to make my 22.5 hours per week every weeks. This is quite awful for me. And also, at my weekend job, even if I call to confirm my weekend schedule, its seem like I am not on the schedule for next weekend, so I have to call this Monday. And even for tomorrow morning, I do not know if I am working for sure, as I totally forget to call at the end of the day on Friday… It’s getting more and more complicated and I just can’t wait to leave the workplace forever! It’s driving me crazy.

For now, I just have to complete the very complicated RRSP part. After what, I will see next if I return job searching again. My life is pretty exhausting.

And another bad luck of mine, like if I needed another one, the zipper of my winter coat is broken!! I cannot just put on my coat probably. I might need to purchase a new one. The coat is so old and looks a bit old; it just doesn’t worth it to get just the zipper change on it. I guess I will purchase a new one. Just like if I needed an other bad luck…

SOS 2008 RRSP

Yesterday, I finish (again!) early at my morning job, so I call RBC to transfer the mutual funds I transfer too quickly into the free of tax savings account into RRSP. And it was quitted of a challenge. At first, I call and ask if they could transfer the mutual funds I had in the free of tax account outside of it, so after, I could just visit a financial advisor who could had just transferred everything into RRSP and printed out the taxes paper I desperately need. I got the entire plan in my head on how it should have been done, but it didn’t exactly turn out the way I wanted!! lol!! The person I first talk to over the phone explain to me that they would be able to do all the transactions needed onsite. So I ask if someone was available for that afternoon. I had an appointment an hour later with a financial advisor. Until there, everything was working find. Until I actually meet the financial advisor lol!!!

It didn’t turn out the way I wanted. The financial advisor didn’t agree with the move, from moving the mutual funds out of the free of tax account into RRSP. She wanted me to take a RRSP loan at 4.75% with no payment for the first 2 months or something like that.

But hey, where in the world was I going to take the money for a loan? I already have 15 000$ or so in debts right now. Anyway, as I saw she just didn’t want to follow my plan, I apologize to her, saying I had to think about it. But the worst part was when she actually tell me that investing in mutual funds was for long term investment (like am I looking that dumb) and explain I should definitely take a loan and invest in… no mutual funds (that was the worst part was to come) but in MONEY MARKET FUNDS. And I the end, forget about making money through my investments!!! What a shame!

BUT WHY DID SHE WANT ME TO INVEST IN MONEY MARKET FUNDS?

I didn’t ask. I didn’t want to destroy her self-esteem forever.

She gave me a card that I throw away in a garbage can. Before that, she told me she would give me a call to see if I was interested. But I told her not too bother, that I was going to call her (lol) and that anyway, the number I had was just paging number.

Immediately after, I call RBC. And over the phone I explain what I wanted without talking about the meting I just had and without talking about the RRSP loan. But the agent I talk too also suggest me a RRSP loan him too! I was liked what the hell is going on?

RBC is too sell oriented and a bank should be there to help out small investor and it’s a real shame that having to deal with the stupidest financial advisors of all time and ever of my life I will invest through a financial institution. With a brokerage account – no investor profile, no « update » needed (because if I do not update, everything get freeze and out of control).

Anyway, at the end, I explain to the agent that I didn’t have any money left for new investment this year and that I already had a student loan. It was like a desperate situation. It was like no one was willing to help me! I am the one who’s working 80 hours per week for the money and things are going to be one the way I want them! And it did!

But he finally agrees to help me out. But before that, he put me on hold, and I wait and wait and than, I learn the happy news, it was going to be ok; he will transfer everything into RRSP.

But there again (lol!!), I run out of luck.

He calls me in the evening around 8PM because one of the funds I have is now close and it couldn’t be move into RRSP. Financial system is so suck, the only thing it make me wanna do is to run away and never look back. For the rest, it was ok, but the other funds had been put into RRSP. Finally.

Financial advisors really suck and they are just like sale persons and I really dislike financial advisors. I try many times to deal with them, but each time, it didn’t work out too well, as they wanted to keep too much control on my assets. Like I don’t have too much money here and all the decisions regarding my money will be mines. All mines, for the better or the worst.

Dealing with bank, financial advisor and mutual funds, but especially mutual funds is complicated. Its seem like I couldn’t just get the thing transfer like that. They had to sell, and purchase back to transform it into RRSP. Or something like that. But I do not really want to learn more about it. What a nightmare. Or what a nightmare am I.

Next step, is CIBC and Desjardins. I am basically taking everything I have out of RRSP (as mutual funds) and turning them into RRSP. It’s taking a lot of my time and I find taxes, RRSP and financial advisors very annoying and frustrating.

I now understand how it’s all work

And I am very excited and I need more cash! Because I want to Stop working right now! But in 2 hours from now, I will be back at work.

At the time I write this, I taught that PGF.UN was provided a 2.04$ annual dividend…. I was so wrong, but I don’t remember I get the 2.04$ info from where. No better source than the Web site of the company itself… I visited PGF.UN Web site… and oh surprise, the annual dividend is being set at 2.70$... Knowing I purchase last week 300 stocks, I will earn, in 2009, the income of 810$ of that investment alone… WOW!

It took me times and 3 DF books to understand but I finally get it, purchasing stocks is the way out. And it’s part of the reason why it didn’t take me too long before purchasing PGF.UN. For a 9.70$ per stocks, I received 2.70$. Which is around 21% of the initial value of 9.70$ in return.

I read here and there that there was going to have a dividend cut around this stocks. But still, I do not mind and I do not worry too much about it. On this date, the PGF.UN Web site still advertise 2.70$ in annual dividend.

I just keep thinking about it and went with this idea:

I do not make any big expenses and usually, my expenses for a month are around 1 200$, up to 1 500$ when I am in a shopping mood. So lets say I am need of a total income of 15 000$ per year. PGF pay 2.70$ per share.

If I calculate: 15 000$ ⁄2.70$ = 5 556 stocks. Which mean I need 5 556 stocks of PGF.UN to reach an income of 15 000$ per year. It’s about all I need for my little living.

Right now, PGF is at 9.81$.

5 556 x 9.81$ = 54 504.36$

All I need is the amount of 54 504.36$ and invest in all in PGF.UN.

But of course, I cannot just invest in a one stock. But….. It’s quite tempting to do so! Especially with PGF.UN.

My goal is not to become rich, it’s just to make my life easier and, if not retired early, just make a more comfortable living and move in something that’s a bit bigger than a 1 and a half apartment lol. And after that, who care about the market volability?

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.