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Archive for December, 2007

I flunked New Year’s resolutions

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Hmm, New Year’s Eve. A no-brainer topic would be my financial/blogging goals for the upcoming year.

I don’t have any.

Well, that was easy.

And short.

Perhaps I should expand more.

Being a new investor and blogger, I’m finding great parallels between the two “disciplines”.

There are numerous get rich quick Internet schemes to sidestep. Most of these remind me of the latest stock tip from your uncle’s co-worker’s second cousin’s (soon to be ex) brother-in-law.

Money Relations Writing
So scratch the get rich quick ideas. To be a successful blogger, you need the foundation of great content. Translate this into the investment world, it’s probably a portfolio of index funds or ETFs.

That’s all well and good but we want an immediate return on investment. Despite the numerous blogs that fall by the wayside or the “can’t miss picks” that have gone bust, we believe we can be the next Warren Buffett or the next Problogger.

I guess that’s the human stupidity spirit.

But hold on, just because most individuals don’t reach the heady success of those mentioned above, it does not mean the effort is not worthwhile.

Here’s where I come in with my blog. I like to experiment and try new things on my site. I don’t go through the “traditional” methods to build stats and readership.

Same thing goes for my investments. I love to learn and I like to apply that knowledge. I will be trying my swing trade strategy again and also trying options trading in the new year. Obviously, the goal is not to lose money but it’s okay if I do. You can’t always sit on the sidelines.

So that’s why I’m a New Year’s resolutions drop-out. I have no goals or expectations. It’s going to be a year of learning and experimentation. However, I believe that my baby steps in both my blogging and investing endeavors are in sync and heading to the right and up. Like anything else in life, I just need the discipline to keep at it and not focus so much on numbers.

So Happy New Year, everyone. May you all have the discipline to attain your dreams.

Entrecard link love - week 3

For this week’s Entrecard link love, let me know if you want me to remove your link. I wouldn’t want to be presumptuous using your site URLs without permission ;)

Paul Hartrick dot Com - We start off this week with Mr. Paul Hartrick. He got all fancy with a new logo and design! I guess no more design clash, eh? Looking good for the new year, Paul :)

Million Euro Wiki - Next up is the MEW. I found out something interesting this week. My stock picks wiki page from the MEW has climbed to #42 on Google. Seriously, not bad for no updates. When I have time, I think I can improve the SERP rankings and use it as a landing page.

My Blog - No, not my blog, someone else’s blog. This is a really nice site of Japanese anime, manga, movies and comics. Great design and cute header in theme with the content.

Neil Duckett dot Com - Neil’s on vacation now back in Australia but he shared some nice pictures of Melbourne. Christmas without snow? As a Canadian, is this even possible?! ;)

Tokyo Expat Life - Reading all these Japanese ex-pat blogs, I get the feeling that the Japanese culture is one big drinking session for salary men after work. Tokyo Expat also confirms this on the last working day before the new year. I wonder where all the women go… (and sexist comments are sooooooooo going to get it ;)

Investing Adventures - Jorge did some serious calculations on what is needed to be a full time trader. As my brother does this full time and being the anal accountant type, I know he must have run similar calculations. I just never asked him as that would require active listening on my part. ;) Still, it’s interesting to read other people’s number crunching. Oh boy, now I feel guilty.

Invest with Dax - This week, Dax’ research on affinity marketing made me laugh. Affinity marketing is a concept to target specialized associations. His wife got a life insurance offer in the mail and Dax thinks it’s a ploy to make you feel “special”.

And that concludes the week of adverts from Dec. 23 - Dec. 29 with Entrecard. I hope y’all felt special.

R.I.P. Ms. Bhutto

Bombings, civil unrest, political turmoil. These problems seem so far away and isolated to the Middle East and Asia.

However, when a political figure the magnitude of former Pakistan Prime Minister Benazir Bhutto is assassinated, it reverberates in the West.

I’m not well-versed on global politics but to me, Bhutto = Pakistan.

I’m not blind to the fact that charges of corruption plagued her short stints of power. And, as her detractors point out, her government aided the Taliban in an effort to stabilize Afghanistan in the mid 90s.

Despite all this, her iconic status blazed in Pakistan. Her return from self-exile was seen as hope for democracy. That is what is so tragic in all of this. Give the people a choice.

Rest in peace, Ms. Bhutto.  I was truly saddened by your passing.  As the first woman leader of an Islamic nation, you were an inspiration.

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A tale of two investors - Bet on China or the U.S.?

A couple of financial heavy weights made news over the Christmas holidays.

First off, Mr Warren Buffett announced that Berkshire Hathaway is buying a 60% stake in the Marmon Group for $4.5 billion with the remaining 40% by 2014 based on future earnings.

Yeah, I never heard of them either.

Apparently, Marmon is a privately held industrial conglomerate made of 125 businesses. While it has reaches in China and Europe, it is an American company and Buffett is betting on America for the long haul - ten to twenty years into the future. This is from a guy who is 77-years old!

 

US flag
And in other news from Fortune Magazine, commodities investment guru Mr Jim Rogers thinks that the United States is in a recession. We just don’t know it because the government is lying. He’s a bear on America and believes that it is China’s century. He believes this so much that he’s moving to Singapore to be closer to the action - and his little girl is learning Chinese.

 

China flag

So is it going to be China or the U.S. as the dominant economy in twenty years? Who knows. But look at these two highly successful investors having the foresight to make their moves now.

Merry Christmas!

Money Relations Merry Christmas

Money Relations will be operating at a reduced schedule over the holidays but I wanted to wish everyone a Merry Christmas!

Peace, goodwill towards others and all that good stuff!

Now I gotta dash! Ho-ho-ho!

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