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July 2010 Blog Posts (6)
Losing Money, Gaining Weight
Weight is easy to gain and very difficult to lose.
Money is easy to spend, and very difficult to make.
This truth is very frustrating on both topics.
I can work very hard to lose a few pounds over the course of a month and then gain it all back within one bad weekend full of bad choices.
In a similar way, I can work hard all month to make my… Continue
Is Greed Good?
I watched the movie Wall Street last night. I hadn't seen it in awhile so I really enjoyed it.
Of course, one of the most famous parts of the movie is when Gordon Gekko makes the argument that greed is good. Is greed good? Gordon Gekko answers his own question with a strong yes. He says that greed is what leads people to make things, build companies, strive to do and get…
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CNBC Call The Close Game Adds One & Only Resorts Sweepstakes
Each day you make a guess at where the Dow Jones will end up, you get an entry into the end of the year sweepstakes. Four winners will be drawn at the end of the year for vacations at One & Only Resorts.
I'm not exactly sure what the daily winners get other than a mention on air. There is a leaderboard on the CNBC website so you can track your progress in making the right… Continue
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I Want To Build Wealth
I'm taking both a short term and a long term approach to my wealth building. In the long-term, I am saving and investing money every month. I'm not very agressive with my investing, but I am doing a good job of building a diverse portfolio that hopefully will result in a… Continue
I Cut My Own Hair Today
Now, my hair is not a difficult cut. People who have longer hair or need certain styling might not be able to save money this way. However, for me, I usually just sit in a chair as someone uses a clippers on a certain setting to cut the hair off the sides and back of my head.
I was looking for a place to get my haircut. I wanted to spend… Continue
High Frequency Trading Programs
I'm doing a little research into the stock market and came across a statistic that over 70% of the daily trades are from high frequency trading programs (HFTP's). Most of these HFTP's are from the big institutional banks representing less than 2% of total investors involved with the market.
This means that on a daily basis, a large majority of the movement in the stock market is a result on what the large institutional investment firms are doing. The high frequency…
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