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Saturday, May 19, 2012

Friday, May 18, 2012

I want Facebook stocks. Or should I say I wanted some Facebook stocks

Its been a crazy day. I wake up on time for the market opening. I wanted to get some Facebook (FB) stocks. Facebook stocks became available a couple of hours after the market opening. I was in front of my laptop when Facebook stocks became available BUT I wasn't able to buy any FB stocks. I was placing my buy order properly, but I was receiving errors message. I try for an hour or 2, and without result, I gave up. I was getting tired and I was very annoyed.  My goal was to do a quick buy-and-sell move with Facebook today, but the f buy order never go through.  The stock reached $45 at its highest and close at almost $38.

I kinda of hate TD Waterhouse right now.

Brokers were not able to deal with the huge demand. If all BUY orders of retail investors like myself would had go through, Facebook could had reached $50 per stock during the day. Brokers suck and their CEO are getting paid millions of dollars. TD Waterhouse is no exception. TD was not able to deliver. That's the bottom line.

Following what, I completed an assignment for my new freelance job. I would had liked to received something else for this weekend, but nothing else came because since I am new, my work is going under review and blablabla. Do I need money? Oh yeah. Review as long as you want but give me some cash.

Also today, the JFT Strategic Fund (JFS.UN) of Jean-François Tardif came to live!  Unit close the session at $9.88, which is close to the purchase price of $10. Not too bad. But the Vice Presidents of TD Waterhouse are soo wonderfully dumb that they haven't give a loan value to the JFT Strategic Fund. This mean that this investment is not adding up to my margin value - which kind of suck.

I am moving to Montreal this Sunday. I am almost moving ready. Just a few months of work ahead but hey, after I will be under unemployment for 2 f years or almost. Uncle Harper is kind of a bad guy. He's under his way to modify unemployment benefit rules. Uncle Harper think that I am going to accept whatever job when I had paid super huge taxes on my income.

F U Stephen Harper. This is my finger.

Facebook (FB) will enter the market at 11 Eastern Time

Its official, Facebook (FB) will begin to trade at 11 Eastern time...

JFT Strategic Fund (JFS.UN) had started the session and is now at $9.80 per unit. There's no loan value for my margin associated with JFS.UN at this point.

Exciting day, isn't?

Globe and Mail live coverage of Facebook IPO

Right here. Someone said that Facebook will start trading at 11 this morning.... True or not? I don't know.

JFT Strategies Fund (JFS.UN) start today!

Jean-François Tardif had raised $120 million with his super JFT Strategies Fund (JFS.UN). Its going to hit the market today!!! It seem like the fund is not going to pay any dividend. So why holding JFT Strategies Fund (JFS.UN)? ... its in the hope that Jean-François Tardif will make be richer than what I am now. :)

Happy Friday!

You want to purchase some Facebook (FB) stocks this morning? You can, but don't place an order now before the opening

This is what TD Waterhouse has to say about Facebook birth delivery lol:

Facebook Inc. (FB) expected to begin trading Friday May 18, 2012
We anticipate that Facebook Inc. (Symbol: FB) will commence trading on the NASDAQ stock market starting Friday May 18, 2012. Please note the following:
  • Due to a U.S. regulatory rule, market orders submitted before the stock officially opens and has been traded will be rejected
  • If you elect to place an order prior to the stock trading on the exchange, it will need to be a limit order
  • The first trade could occur as early as 9:30 a.m. ET, but could also take place later in the morning (LATER IN THE MORNING???? Facebook is telling us: catch me if you can!)
  • If you access a quote for Facebook Inc. prior to the stock trading on the exchange, the bid and ask will display as “zero.”
Further information will be provided if necessary or available.

Thank you TD Waterhouse :)

I am expecting to buy some Facebook stocks for $500 this morning.

Wednesday, May 16, 2012

A Margin call or survey call coming from TD Waterhouse?


I received a call today and I was barely listening because I was eating at the same time, but I heard “TD Waterhouse”... at that point, I taught I was receiving a margin call. For a few seconds, my world, once again, was upside down... I kept listening, and I heard “survey”. It was a short one, wasn’t? 

If TD Waterhouse wants to make me happy they have to cancel their RRSP fee (under 25k it’s like $150 or $100 a year!!), they have to give the margin value in real time with the rest of the portfolio, they have to remove their one withdraw rule regarding the TFSA.

At TD Waterhouse, you can withdraw from the TFSA only once every year, which really s*ck. If you withdraw from the TFSA more than one time, you’ll be paying a F penalty. Is that supposed to be acceptable? NO, it’s not.

TD Waterhouse has a lot of things to learn and a lot of things that need to be improved. However, their brokers have nice sexy voices and I always LOVE to hear male brokers. Kind of my thing :)

Also, TD Waterhouse, lower your interest rate on your margins. Then, I promise, I will be happy, for once.

JFT Strategies Fund by Jean-François Tardif

My 2k for my investment made in the JFT Strategies Fund had been withdraw yesterday. The settlement date is this upcoming Friday, May 18, 2012..... So you know what this mean right? It mean that Friday, it will be tadammmmmmm.... Jean-François Tardif will be back where it belong! To the the belove stock market and publicly. And I hope Tardif will never leave ever again.

The gorgeous is sooooo extraordinary smart. I prepared to caash in big later on. The rules for selling the JFT Strategies Fund are really specific. First time I had deal with selling rule was with the Sprott Canadian Equity Fund. The investment made in the Sprott Canadian Equity Fund needs to be hold for at least 6 months. If you sell before, there's a penalty. Investing in mutual funds through a broker is extremely annoying because at the time of the sell, the broker keep a percentage of the sale...

I will make sure to be in front of my laptop for the market opening ok and I will be celebrating with a glass of... beer lol. All the wine had been drunk, there's nothing left. Living on a budget is not always easy, but may try to do an exception.... I need a bottle and instead of drinking my usual instead coffee (because instead is cheaper), I will be drinking a fruité white wine. :0)

I hope you guys will drink something tasty for the occasion at 9:30 in the morning (10:30 for me).
My mom will probably say something but I will just say we are celebrating something. And following what I will be drunk alllllllll dayyyyyyyyyy.

I don't feel as heartbreaking today. At least, Jean-François Tardif is going to make me rich....

Tuesday, May 15, 2012

Montreal, here I come

I had received some very good dividend payment today. With my DRIP that been cancelled, I can enjoy the cash. I am trying to decrease my margin a bit. I had applied a 1k from my own money. The stock market is not doing that well, but personally speaking, I am doing better. I got another freelance job. Its interesting, but there's a lot of documentation that I need to read. I read it all, but I will need to do another reading. Its a bit complicated. After a first try, it should be all right. I am looking forward to begin by tomorrow.

On top of what, I am leaving for Montreal this upcoming Sunday. I began to put things aside for packing. I also took care of several things. All a lot of work. I had moved so many times in my life, but each and single time, its a pain. Soooooo many things. Like my car, my insurance, etc... oh lala. AND my credit line at RBC. Its about to get resolve, but its all little things like that who had been taking my time. I am enjoying a few days left to do some more paintings and give my new freelance gig a try.

Problem being, everything is happening at the same time and on top of that, the TSX is under the 12 000 points.... CRAZY. I cannot wait for the JFT Fund to hit the market. Its going to be on Friday :)

Friday, May 11, 2012

$125 318 and a few pennies


Look at the lovely summer dress I just bought! Very pretty, don’t you think so? I am leaving very soon for Montreal. I am pretty much all set. And best of all, I am going back in my old apartment where I used to live when I left Montreal in September 2011. My accommodation problem is resolved. I am staying in a University residence for 12 days in X University somewhere located in Montreal lol.;0)

I took the cheapest accommodation I could find and in result, I am leaving exactly 2 days before beginning my job. I would had liked to go earlier but at $34 per night (it’s cheap, I know, but I am really on a budget), I decided to do a last minute thing. I will have at least a day to do my nails and visit Montreal. What I plan to do is to take a part-time summer job so I can save more cash for once I will be back under unemployment. 

It’s a chance to have those credit cards. I had paid around $400 for my temporary stay at the student residence and I had to pay $300 in front as a security deposit to get my old apartment back. Does it worth it, to go to Montreal just for a temporary position? Well, it worth it in my case. It’s not like I have many years of experience and I prefer to take whatever present to me, especially while it’s something related to my field and especially knowing the workplace conditions. It will also give a good work reference if it goes well because let forget about my late employer ok, I am suing them in court. I know what you are thinking and please, just stop thinking. It’s about my extraordinary life here so calm down. 

I know Montreal quite well so it’s not like I am moving to a place I don’t know. I am getting a 16 week for sure of labor, enough to make my unemployment for next year I guess but I don’t know for sure how it work. But what I know for sure is that my investment portfolio is performing very well. The TSX is under the 12k points, but my non-registered portfolio is at a very good $125 318.13. Yesterday, I closed the session at 124k+. I have more than $14 000 left on my margin. Very soon, a 2k will go to cover my new investment in the JFT Strategies Fund. I already injected in cash a 1k in my margin. I need to add on another 1k by May 18. I really need to have a around a 15k value left in cash in my margin. The best will be to have a 20k left to keep it safer, especially in those very hard market conditions. I kind of having no choice than to seek for part-time work when I hit back Montreal or I will have to limit my purchases.
 

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