Did you make money yesterday? I found myself cheering for the market to drop as I held defensive position in DXD (Double Short Dow) but then I found myself cheering for the Dow to recover because I held callable option positions in SMH and was eager to make another $750 in profit. Either way, it…
Month: February 2007
Remember That Wrong Picture, It Helped Me Make 3% Today
On February 8th, I wrote a post entitled, “What’s wrong with this picture?” which was a graph of the Dow moving diagonally up almost at a straight 45 degree angle. Folks, a chart like that is a big warning sign that something is a miss and today proved that point. Because that chart looked way…
WAMU New Fees, I’m Disappointed
After raving about Washington Mutual, I received a notice today that included some fairly significant changes in their fee structure and I’m disappointed. First the good news, WAMU will be dropping fees for the following: American Express Gift and Traveler’s Cheque Fees $0 ATM Mini-statement Fee $0 Bank Check, Money Order, and Foreign Draft Purchase…
Yet Another $750 In Profit?
I planted a money tree back in early December. The first harvest (in December) brought in about $850 in cash. The tree bore another fruitful harvest of about $750 in February. My money tree (SMH) spiked up close to 2% and if the trend continues I’ll likely get called at $35 in mid March during…
Material Possessions = Wealth
There is a new round of “don’t buy that Plasma TV” posts making the PFBlogger circuit and I’m writing about looking at the issue from a slightly different perspective. What started me along this path was the following news item about Feds taking over a credit union because of possible insolvency. The article begs the…
Job Hunt – Shotgun vs. Laser Approach
Early in your career, you will likely take the “shotgun” approach to job hunting. Essentially, you’ll blast your resume to every job board, e-mail it to recruiting agencies and perhaps send it over to friends, family and acquaintances in the hope of getting a hit, a call back and a possible interview to hopefully land…
Costco – Wine Prices Good?
I love shopping at Costco. They have high quality and unique products along with a wide selection of wines from all over the globe. This past weekend I went shopping at Costco primarily for wines and a few groceries. Out of curiosity I looked up all the wines I purchased on the internet to comparison…
To My Intended & Unintended Audiences
This week, I’ve regaled you with the prospect of building your very own money factory, money forests, money trees and money farms and I hope you learned something new. Last week, I saw various top xxx blogger lists floating around the PF Blogger world and the trend seems to be to attract as big of…
How to Create A Money Factory
A money factory involves harvesting the fruits of your labours on an industrial scale. It will become rather impractical for you to focus on the day to day operations of every money farm, money tree and money forest you are cultivating. Setting up a money factory involves a team of workers that help you deal…
How To Create A Money Forest
By now, you’ve learned how to build a money farm and a couple of money trees. The next obvious step is to build a money forest. Let’s take a quick review. You learned that by leveraging 0% APR credit cards offers, you can start your very own money farm. You wisely borrow money from a…