Archive for January, 2007

Sold PEIX today @ 16.50

I decided to let go of PEIX at $16.50. I bought 1000 shares on Jan 25, 2007 at $16.00. This trade made a gain of $500 (3.1%) in less than a week.
On another note, I’m still holding on 1000 shares of AMD. AMD closed at $15.55 today, down 0.45 from my purchase price, or an [...]

Wednesday, January 31st, 2007

Search for “Send A Tune”

It’s interesting to see where clicks come from on my site. I have one click coming from UK Google’s search engine and the user was searching for “send a tune”. Amazingly, my post on Business Idea #1 - SEND-A-TUNE came up. I tried the same query on US Google and receive the same results.

Wednesday, January 31st, 2007

Money Management 301

Know your Goal
What do you want to achieve financially? Mind your objective.
Establish a Plan
How are your going to achieve your goals? Write down the things that needs to be done and the steps to take. Set up milestones to track the path of your long term goal.

Prioritize your Tasks
Figure out what needs to be down [...]

Wednesday, January 31st, 2007

PEIX and AMD

Today’s quotes
PEIX 16.44 +0.33 (2.05%)
Ethanol causes jump in corn prices, but experts urge calm
This may be a temporary increase. If things don’t look too good, I may sell tomorrow.
AMD 15.79 -0.16 (1.00%)
AMD doesn’t look so good right now. The three month chart shows a strong downtrend.

Tuesday, January 30th, 2007

WordPress Templates

WordPress offers a lot of themes. I haven’t had time to browse all of them yet. I like the theme I’m using now, but I want a 3-column blog template. I emailed the author of the template I’m using but he has not responded to me. I planning to switch to a 3-column template with [...]

Tuesday, January 30th, 2007

Sottrade vs Fidelity vs TD Ameritrade

And the winner of the Fastest Trade Execution Speed is… Scottrade!!
Seriously, Scottrade’s Trade Quality and Execution is absolutely amazing. Before the market opened today, I submitted three orders for the same stock and price at three different brokerage firms. I placed a limit order for TNL at $21.50 at Fidelity, Scottrade, and TD Ameritrade. And [...]

Monday, January 29th, 2007

STX

STX finally topped over my target of $28 on Jan 24, 2007. Unfortunately, I sold my shares before 2007. I had held them for a long time but I became impatient towards the end of last year. The stock was trading sideways for a long time so I decided to sell it. I had done [...]

Monday, January 29th, 2007

Carnival of Personal Finance #85

Jim from Blueprint for Financial Prosperity is hosting the 85th Carnival of Personal Finance.
There’s a link to my post, Money Management 201.

Monday, January 29th, 2007

Funded My 2007 Roth IRA

I contributed the maximum of $4000 to my Roth IRA at Scottrade. This deposit allows me to meet the minimum requirement for the Scottrade Elite platform. I downloaded the software, but have not used it yet. One of the features I looked forward to was the Level II quotes but I just learned that Scottrade [...]

Monday, January 29th, 2007

Sunday’s Quote

In the long run, companies can finance internal growth at the same rate as their return on equity. Faster growth has to be financed by taking on debt or selling more stock. Ultimately, ROE determines growth rates. - Michael Murphy

Sunday, January 28th, 2007