February, 2007:

Bought Mega Millions Tickets

When I was walking home tonight, I saw the Mega Millions jackpot ad and decided to play for fun. I’m not a big believer of lottery tickets. The last time I bought a lottery ticket was years ago. Anyway, I walked in the store and bought five tickets, all random picks.

Mega Millions Tickets (2/28/07):
A. 21 35 36 50 53 : 29
B. 01 09 33 34 56 : 15
C. 12 34 38 51 53 : 35
D. 06 12 21 31 54 : 21
E. 13 27 28 34 46 : 19

The next drawing will be on Friday, 3/2/2007. Let’s see how it turns out.

By the way, if I win the jackpot, the first person to congratulate me on this post will receive $100,000.

Bloody Red Stock Market Day

Today was a horrible day for the stock market. My friend instant messaged me at work this morning and told me it was a bad day for the stock market. I assumed he just had a bad pick. I logged on my brokerage account and was about to tell him I was okay, but I was in for a big surprise. The moment I opened my streamer, I saw all the stocks in red. I knew something was wrong and drove my browser at full speed to load up the news page. There was blood all over the market. It turns out that the Chinese stocks had dropped significantly and caused the US market to plummet as a result.

World Markets Fall After Plunge in China

Stocks Have Worst Day Since 9/11 Attacks

Making Money On the Web

Interesting article:

Lessons from the “Million Dollar Homepage”

XXIA Jumps Today

XXIA soared to 12.14 today, a peak of more than 10% rise, and eventually settled at 11.67 at the end of the business day. The change is 0.68 (6.19%).

Domain Down

The domain was down last night and today morning. I’m not sure what the reason was, but it’s back up now.

Stocks Watch List for This Week

Stocks:
VLO, APC, PEIX, XXIA (tech), GLW (tech)
Summary: Oil prices are rising higher.

Options Watch List:
IR Call Jan (2008) 50 Call (YRSAJ ) $2.40

Business Idea #2: City Naps

I came up with this idea while I was walking to work one day. I was tired and half asleep, and I thought, “Wouldn’t it be great if I could just take a nap here?” Then I said, “Hey, may be if we have a place for people to take a nap in the middle of the day, it would be great!”

In some countries, companies have what they call a power nap. Employees can nap for around fifteen minutes during lunch break and the nap helps them refresh themselves. The nap time may be short but it is potent. Fifteen minutes can help go a long way.

In the city that never sleeps, New Yorkers are often derived of rest, which means people often has less sleep than necessary. Insufficient sleep causes fatigue, tiredness, hallucination, and increases chances of mistakes at work.

Business Model
My idea is to create a comfortable environment with nap stations where people can lie down and take a nap. The napping stations will have a variety of “sleep” music and a “smart” alarm to wake the person. The “sleep” music will help relax the person’s mind and body, help remove the stress and ease the person to a soft gentle rest, and when the sleep time is over, the “smart”  alarm will wake the person with small vibrations or soft music.

Scenario
John is very tired at work and did not get enough sleep last night. During his lunch break, he walks over to City Naps and picks a Nap Station. He sets the alarm for fifteen minutes and lies down for a nap. The soft music helps him ease into his sleep. Fifteen minutes later, the alarm sounds gently and wakes him up. John feels recharged and returns back to work.

Business Implementation
This business would require a lot of retail space and equipment. The price for each Nap Station use has to be priced low enough to attract customers.

Update:
I did a search on Google and saw that someone else has already implemented this business idea. It’s called MetroNaps (http://www.metronaps.com).

Incoming Yields Mock Portfolio

These are the picks from the November issue of SmartMoney’s article, Incoming Yields. The mock portfolio is now up 20.49%.

Sunday’s Quote

The definition of a great company is one that will be great for 25 or 30 years. – Warren Buffett

PCU Is On Fire

I first took notice of PCU in the November issue of SmartMoney’s article, Incoming Yields. PCU was one of the picks and the article recommended at a buy at $51. The stock had over a 9% dividend at the time. PCU seem look like an attractive buy because it was a metal resource stock and it had a higher dividend yield.

Then in the middle of November, it dropped to $50. Having been burned by high yield stocks that summer (PGH, PVX, FDG), I feared that PCU has reached the end of its rise and therefore I did not pull the trigger. I regret not buying it, because now it’s up to $75, a 50% increased from the price I could have bought it at, plus the high dividend payout on top of that.