Attention! Attention! I’m pleased to announce our first call for applications to become an InvestorGeek! Starting June 16th at 12:00am (that’s the morning of next Friday) we will be accepting applications for 24 hours to fill 10 new InvestorGeek spots. It’s easy to apply, and we’re looking for anyone who wants to be part of building the Internet’s premiere investing blog!
We here at InvestorGeeks lean towards the side of “fundamental” “investing”, but as I’ve been reading up on technical analysis for my upcoming articles I’ve run into some interesting reading. When we invest in a market, we want to know the players. We spend a lot of time trying to figure out what the institutional (more…)
In my previous article, Misconception: Renting is for Suckers, I wrote that there comes a point when it makes more sense to rent an apartment than buy a home. For myself, I have a rule of thumb that for every $1 dollars I spend in rent a month I can afford to buy up to $125 in property. Right now I pay $1000 in rent, so using my rule I shouldn’t spend more than $125,000 on a home. This created a surprising amount of controversy; some exclaiming me a heretic, and some accusing me of house-hating. For those of you who wanted to know where that number came from, wait no longer — and I’ve put together a calculator for you to figure out how much you should spend on a home.
For a number of years now there has been a cloud over Social Security, brought on by the fact that as the Baby Boomers retire the number of individuals drawing on social security will be greater than the number of individuals paying in. This has been used as a justification and impetus for changes to the Social Security system. But what else will be effected by the retirement of the Boomers?
As I’m sure you’ve all heard by now. Vonage has decided to offer some of their customers a shot at getting in on their IPO action. I happen to be one of those elligible customers, but should I buy in?
Investing can be tough some times. Wouldn’t it be great if you just won the lottery? Man, that would set you for life. Seriously.
Now, we’re not suggesting you run to the closest mini-mart with your life savings. The odds of winning the Big Game (a multi-state lottery open to adults in Massachusetts, Maryland, Georgia, Illinois, Michigan, New Jersey, and Virginia) are roughly 70 Million to 1. That is only slightly better than your chances of making money going long on Overstock.com. However, there are some reasons to play. And if you are going to play, there are some strategies to follow. Read on for more.
The Washington Post announced the Post 200 today. You can find it here: http://www.washingtonpost.com/post200
With the Enron trial featuring prominently in the news, we’re all reminded of the corporate governance issues that have recently faced the economy. It’s refreshing to see a company take a new approach to how it runs its business. In this case Progressive has changed how it distributes dividends. This new system has the potential to greatly thrill and, in turn, greatly disappoint shareholders. But either way, it’s great for the company.
Some of you may know that I play a little poker and that I used to play a lot of poker. Actually, my first trade (SIRI back in September of 2004) was funded using money I won playing poker. What can I say; gambling is in my blood. Of course my favorite forms of gambling (more…)
One of the things that really drew me into the blogosphere was the community that develops within networks of blogs. You become friends, share ideas, and help spread the word on great posts that are timely and informative. I spent a good deal of time over the weekend sniffing out other blogs in personal finance and investing that would be worth a visit, and so if you have some time, I would encourage you go see what else our fellow bloggers are writing about. You may just find it to be enlightening!
