Everyone wants to get rich over night. It’s human nature to be greedy, and that’s why get-rich-quick-schemes are always making money. The idea of making tons of money over a short period of time is so appealing that it can corrupt a person’s logic. Get-rich-quick schemes get the most out of people by taking advantage [...]
Posts from ‘August, 2006’
6-percent CDs: Lock them up
Here’s a great article on locking in on high yielding CDs: http://biz.yahoo.com/brn/060811/19585.html
Quote of the Day
The definition of a great company is one that will be great for 25or 30 years. – Warren Buffett
Ameritrade vs TD Waterhouse
Ameritrade and TD Waterhouse merged, but they still maintain the same interfaces from before. I have access to both interfaces and I don’t like the TD Waterhouse interface. I find it slow and hard to read. Every time I click on a link, for example, cost basis, it takes a while for the numbers to [...]
Quote of the Day
If the job has been correctly done when a common stock is purchased, the time to sell it is — almost never. – Philip A. Fisher ——————— My goal is to find a growing company with excellent management.
The Secret to Wealth Creation
Here’s a good article from Fool.com about creating wealth. The answer may not be what you would like to hear but has been tested and proven over time. Yes, it does take a lot of careful planning and patience. You can see that I don’t like to talk about get-quick rich schemes, because it doesn’t [...]
Ameritrade Izone
I have my Ameritrade Izone account for a while and I love it. Trades are only $5 each. Ameritrade has decent research tools. If you want to open an Ameritrade account, please send me an email and I’ll refer you.
Internet Stocks
I just received my latest issue of Smart Money, and there’s an article on Internet stocks. We all know Internet stocks can make or break your portfolio performance, but Smart Money picks three high potential Internet stocks that shall beat the market. Here are the three picks. Adobe Systems (ADBE) Price $28.01 (as of 7/14/06) [...]
Watch People Spend Money
When I hang out with people, I can’t help but take notice of how they spend their money. One time, I went to a Yankee’s store with my friend, who’s a big Yankee’s fan. She blew almost 100 bucks on Yankee items. I would certainly not do that, but since she’s a Yankee’s fan, she [...]
Customer Service Comparison: HSBC vs. Bank Of America
Two months ago, I had to close my bank account with Bank of America and it took me more than two hours. I spent much of the time waiting. I had to speak to three different representatives before I could get the word to withdraw my money. Then the bank teller still needs authorization and [...]
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