I know I said I’d be back with a Prosper update in about a month once I received enough in payments to fund a new loan. Well, here I am 11 days later with enough cash to bid again thanks to some of my debtors paying down large chunks of their loan early (including an …
Mint.com which is already user-friendly but somewhat limited in scope is now partnering with the Motley Fool. This will surely boost Mint's user base given the multitude of loyal Fools. Good for them. I still prefer Yodlee for its comprehensiveness, and most know by now that Mint actually uses the Yodlee platform. I'm afraid Yodlee …
First let me describe what a bridge account is, and then I’ll go into how I’m gaming it. In mid 2007, my credit union began to offer what they call a bridge account. The account is set up with the intent of convincing the novice or reluctant investor to enter the stock market. What happens …
Gaming the NC SECU Bridge Account as a Boost for Declining Interest Rates Read More »
I quit my job. I handed in my resignation last Friday. My last day is 4/18. I have a really good job. I respect and admire my colleagues. There’s upward mobility. I make more money than I want to spend, and the hours are more than reasonable for an MBA job. I don’t have a …
Myndnet is a DEFUNCT website that positions itself as an intermediary between information seekers and information owners. It seeks to leverage the knowledge of its members (potentially you) for persons or companies that are looking for specific contacts within an industry, typically business leads or job candidates. For your knowledge Myndnet pays you a set …
Myndnet Referrals – How much are your contacts worth? Read More »
Those who recall my last Prosper post know that I’ve had an up and down relationship with the site and its borrowers. I’m happy to say that in the past year, I’ve participated in the funding of 12 loans, and none of them have defaulted. In fact, I can’t recall any of them being late …
Prosper.com – A Year of Peace and a New Loan (1st in a series) Read More »
Last Friday the Treasury Dept. announced that they were lowering the minimum amount necessary to buy treasury bills from $1,000 to $100. This is great news for the common man wishing to start investing in treasury bills because the cost of entry has just fallen 10-fold! Why invest in T-Bills?
Dear readers, Did you own Bear Stearns put options? If so, I’d love to hear from you in the comments section. How did you identify this opportunity? Did you buy any calls or do any levering to reduce the risk? Congrats on making a killing!
I’m considering putting some of the cash in my Roth (currently earning 2.4% in a money market), and I need your help. I have a 20-30 year time horizon. Any assistance you could provide would be greatly appreciated. My current allocation looks like this: ADRE 10%ATSI 5%COV 3%EWZ 6%HHJ 2%ILF 13%RMG 2%SPY 17%CGMFX 11%OAKLX 4%Cash …
Roth IRA Investment (cash, commodities, Berkshire, ETF’s, mutual funds)? Read More »
As if I needed another reason to hate living in NJ beyond the inflated house prices, worst in the nation real estate taxes, and population density, now I find out that I can’t get the gas rewards with my credit card either! This all started because I got a new credit card which I love. …
