Archive for May, 2005

New Host

Tuesday, May 31st, 2005

Hi Guys;
We just moved this site to a new host, if you commented and it is not showing please leave your comment again.

Investing Like a Fool, Continued

Monday, May 30th, 2005

Let me continue the tale of my foolish investing in the Stock Competition:
After buying the first stock I could find listed in a spam email, I needed a way to spend more of my cash. I decided to go to RagingBull.com, a popular message board for stock traders, and just buy the two stocks that [...]

Spending Feels Good

Saturday, May 28th, 2005

Wow, two Suze Orman related posts in a row…
I found myself watching the Suze Orman show tonight for the first time on CNBC. It is a special show tied into her new book The Money Book for the Young, Fabulous & Broke, and it involves her doing a sit-down with some young fabulous people.
In her [...]

Stealing From Your Future Self

Friday, May 27th, 2005

Over at It’s Your Money, there is a great post responding to advice from Suze Orman regarding the use of credit cards by the young. Suze’s advice:
My credit card strategy is solely for expenses that you need to live on — and not expenses that finance your living the high life. The only YF&Bers who [...]

Playing Like a Fool

Thursday, May 26th, 2005

Well you may have noticed that Jeremy started a stock competition. It looks like fun so I decided to give it a whirl.

The first thing I had to decide was how I was going to go about managing my portfolio. Jeremy is going with a balanced approach of holding some reliable stocks and taking a [...]

May Day 1 Trading

Thursday, May 26th, 2005

Okay, there’s 12 people in the Stock Competition so far. If you’re interested, sign up. It’s never too late to beat me

I’m fairly new to the stocks game, mainly because this is the first time I’ve had any money to play with. So, I thought I’d do a few different things at once.
First, [...]

Sign You Are Getting Popular

Wednesday, May 25th, 2005

A couple of signs this site is getting popular:
1) I am now on the C-List blogger list at http://www.blogebrity.com/thelist/ as a result of this site.
2) The comment spam has begun.
So far nothing has made it past the Wordpress moderation system, but I can only assume it will get worse from here.
This is rather unfortunate: given [...]

Competition Rules

Tuesday, May 24th, 2005

Here are the competition’s trading rules:
Start Date 5/25/2005
Ending Date 6/30/2005
Starting Cash $500,000.00
Show Real Name In Ranking? Yes
Allow User to Reset Portfolio? Yes
Keep all member portfolios public? Yes
Allow Selling Short? Yes
Allow Limit Orders? Yes
Allow Stop Orders? Yes
Allow Margin? [...]

The Wealthy Blogger Stock Competition!

Tuesday, May 24th, 2005

The first of perhaps many of these begins tomorrow.

The concept is simple. Using MarketWatch’s Fantasy Stock Exchange, sign up and join the “Bloggers” / “Wealthy Blogger Stock Competition” group. Then, the one who has the highest portfolio value by the end of June wins. There is a bonus prize for the first person to get [...]

Free Business Idea

Monday, May 23rd, 2005

Summer is coming, and that means there are students ready to look for summer jobs and maybe start summer businesses. Just in case any of them are reading I thought I would throw out a free business idea, one I had a couple of months ago but which I have no time to launch and [...]