House Cleaning – Turning Trash to Cash
I was cleaning up this weekend and I find a lot of things I no longer need anymore. I was about to throw or give them away but I thought maybe I can make a little experiment out of this. I’ll put up the items on the Internet and see how much I can make [...]
Letter to My Readers and Updates About Me
Dear Readers,
I have been so busy lately that I haven’t had time to do a post. I thought I’ll write some updates about myself in this post.
Firstly, I have noticed that my blog does not load up well on Internet Explorer. It may be because of the Google ads. I’m planning to take down the [...]
Depreciating US Dollar Inflates Oil Prices
Apparently, the depreciating US dollar is causing the rise of the oil prices. Iranian President Mahmoud Ahmadinejad said in a meeting on Sunday, “They [US] get our oil and give us a worthless piece of paper.” Iran and Venezuela are proposing to have oil traded in currencies other than the dollar to prevent the [...]
Cost of Living Going Up
I have noticed that the cost of living in New York City has increased, especially for food. I used to spend about $6-$8 for lunch and now I spend at least $10 for lunch. The dinner plate prices on restaurant menu has gone up as well.
Two days ago, I ordered food from a Korean restaurant [...]
Current Thoughts on the IPO Market
I recently signed up for the NMM IPO and was allocated shares. But the stock has gone downhill since it went public on November 13, 2007. NMM was opened at $18 and closed at $19.17 today, a drop of 4.15%.
I have noticed that some IPOs are being put on hold indefinitely. The EnteroMedics and Stewart [...]
Bank Dividends
I am currently holding a large position in Washington Mutual and took a huge hit when WM stock price dropped like a rock. I am planning to hold it long term so I was not paying attention to the stock prices. One of the main thing that concerns me now is dividend payout. Will WaMu [...]
Oil Prices Causes Concern for Winter
Oil Prices are ridiculously expensive now, approaching $100 a barrel. With the cold winter coming, heat is definitely coming in at a price. People are starting to worry about the increased costs of warming their homes. In this article, High Oil Prices Fuel Winter Heat Fears, Maine will be one of the states with [...]
Hong Kong Hang Seng Index
I was in Hong Kong recently and one of the main things I notice was the stock market. The Hang Seng index had surpassed the 30,000 mark while I was in Hong Kong. Stock talks were all over the place, from grocery stores to shopping malls. And almost everyone was trading stocks – young adults, [...]
Rental Property Update October 2007
In October, my tenants called me up about an issue in the house. They told me that the heater was not generating any heat. Since I live two hours away from Philadelphia, it would be inconvenient for me to look at the problem. But more so is that I have no experience in [...]
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