Archive for December, 2006

Interview with Kas

I was talking to my coworker, Kas a few days ago and she told me she made $18,000 in the past two months. I asked her what she was doing. She said that she had this side business in addition to her day job. I learned that she was selling Christmas ornaments in the mall. [...]

Friday, December 29th, 2006

Be Careful on Giving Unsolicited Advice

I love reading up on financial news and learning more about personal finance. And I like helping people as well. Sometimes, I give advice to my family and friends. Although they would listen for the most part, they almost never act on what I tell them to do. It’s interesting that [...]

Thursday, December 28th, 2006

New Year’s Resolution

My Plans for 2007:
Move GrowingMoney blog to my own domain. This will give me more flexibility in the web design and I will also have my own web space to host files (photos, PDFs, etc.). Feel free to provide help for those with your own domain.
Contribute to my SEP-IRA. I have open a SEP-IRA with [...]

Wednesday, December 27th, 2006

Year-end Coming

As the end of this year is approaching, what are your new plans for the new year?

Tuesday, December 26th, 2006

Merry Christmas

Merry Christmas to all.

Monday, December 25th, 2006

Word of the Day: Options

Options
A contract giving an investor a right to buy (call) or sell (put) a fixed amount of shares (usually 100 shares) of a given stock (or indexes and commodities) at a specified price within a limited time period (usually three, six, or nine months). The purchaser hopes that the stock’s price will go up (if [...]

Tuesday, December 19th, 2006

SAI Is a BUY

SAI has been dropping for a few days and closed at 17.96 today. At under $18, it’s a screaming buy, and at under $19, it’s a good buy.
Upside
SAIC Report 8% Increase in Profits
SAIC Stock buyback up to 40 million shares
Still new to the market, large potential increase in institutional holdings.
Low P/E.
A good defense/homeland security play.
Winning [...]

Thursday, December 14th, 2006

Heelys IPO

I spent 30 minutes watching the roadmap of Heelys and did some research on the company.
My summary: Good short term play because of the hype, but its long term prospect is questionable because the wheel-in-a-shoe may become a fad.
Heelys IPO gets rolling
Heelys looks to stay on a roll with IPO
Cramer’s ‘Mad Money’ Recap: Heelys Worth [...]

Thursday, December 7th, 2006

Status Update

I have been very busy lately with work and personal stuff but I am still very active in the stock market. I have made many short term trades but just haven’t had the time to post. I hope to do a post about my stock performance later on this month. I’m considering a tablet laptop [...]

Thursday, December 7th, 2006