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What It Takes to Become A Millionaire
So what does it take to become a millionaire?
If you Google “how to become a millionaire,” you will find a lot of suggestions, including a very popular post from Jeremy at Generation X Finance, one from Free Money Finance, as well as the latest addition on Blueprint for Financial Prosperity. While I agree that the [...]
End of Wall Street: Wall Street Journal Video Series
So what happened to the Wall Street? Where will it go from here?
Today, The Wall Street Journal released a 3-part video documentary series, End of Wall Street, with in-depth coverage of the financial crisis started in the summer of 2007. Following is the first part of the video, What Happened.
Use the link above to watch the rest of the series. Quite informative.
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2008 Passive Income Summary
OK, now it’s time to tally my passive incomes in 2008 as the second part of the 2008 Year In Review (the 2008 Stock Trades was the first part).
As you know, generating passive income, which I define as incomes without my active involvements, is one of the two goals that I have for my taxable investments (the other one being, of course, growth). When I buy stocks that I [...] Continue Reading…
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Rate Update: HSBC Direct Dropped to 2.60% APY and More
Though I no longer actively use HSBC Direct any more (my account is still open, but with no money in it), I have been keeping an eye on its rate changes, especially after other popular banks, such as FNBO Direct, etc., lowered their rates to below 3.0% recently. I want to see how long HSBC can hold the 3.00% APY for its online savings account.
Well, it didn’t last long. [...] Continue Reading…
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2008 Stock Trades
I traded more stocks in 2008 than all I did in the past few years. Not that I suddenly became an active trader or anything like that. In fact, I have long been a buy and hold type of investor and I still am. Sometime, I felt that I may have been too buy-and-hold with some stocks that I had no intention of holding for long when I bought [...] Continue Reading…
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Weekend Linkage - January 4, 2009
Market Recap
U.S. stock markets kicked off 2009 with the most gain in 5 weeks. In the holiday-shortened trading week, stocks got a boost from rising oil price and the first batch of bailout money for GM, the troubled automaker fighting for its life. On Friday, General Motor rallied 14% after receiving $4 billion from the Treasury. Meanwhile, crude oil jumped 3.6% to climb to $46.34 a barrel, lifting oil [...] Continue Reading…
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Daily Giveaway Final Winner and NURU Personal Finance Card Winner
Sorry for the delay in announcing the winner of the Make a Guess Win a Prize last day contest and the winner of the NURU Personal Finance Card giveaway. Was a little busy yesterday 
For the last Daily Giveaway contest, I asked participants to guess closing number of all three indices, the Dow, the S&P, and the Nasdaq. In the first four days of contests, we always had a [...] Continue Reading…
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Friday Deals: Fantom 1TB G-Force Hard Drive $89.99 and More
If you are looking for a massive storage for your videos and photos, then this deal is for you. Buy.com currently has Fantom 1TB G-Force External Hard Drive for$89.99 after $30 mail-in-rebate (expires 01/04/2009) with free shipping. Features of the product include:
Power Supply: 110/220 V (Universal Power Supply)
Form Factor: External Unit
Host Interface: eSATA\USB 2.0
Capacity: 1TB
Data Buffer Cache: 16MB
Access Time: 8.5ms
Drive RPM: 7200
Bus Transfer Rate (Maximum): 60 MB/S (USB), 300MB/S [...] Continue Reading…
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2008 Failed Banks and Credit Unions
2008 shaped to be a very bad year, if not the worst ever, for financial institutions, big or small alike. Big companies such as Citigroup, American International Group, and Fannie Mae and Freddie Mac needed billions of dollars from Uncle Sam to stay afloat, as losses from band loans, which triggered the current global financial crisis, mounted. After the government set up the $700 billion TARP fund in October [...] Continue Reading…
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2008 Google Logos: How Google Remembered the Year
It’s kind of fun to see Google change its logo to mark holidays throughout the year. I don’t know when this tradition started, but I began to enjoy them during the Olympic Games in Beijing when Google released a new logo every day. At the beginning of the new year, let’s look back to see how Google remembered 2008.
January 1, 2008: Happy New Year 2008
January 21, 2008: Martin Luther [...] Continue Reading…
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Happy New Year!
2009 is the Year of Bull in Chinese Lunar Calendar. After a miserable 2008, let’s hope for a better 2009!
Happy New Year To You All!
