Archive for April, 2007

Buying on margin increases your upside as well as your downside.

Tuesday, April 10th, 2007

Before today, I've always been strictly a cash investor. I've always been cautious as buying on margin can be a dangerous, yet rewarding tool. When you buy on margin, your broker is essentially loaning you money secured by your portfolio. Brokers charge interest rates as do any other loans. ...

Woman trades sex for 5,000 gold on WoW.

Tuesday, April 10th, 2007

Apparently a woman posted on Craigslist wants 5,000 gold in World of Warcraft so she can buy an "epic mount". In return she'll let you mount her. She posted this offer and apparently found someone willing to take her up on the offer and subsequently posted a success story. The screen ...

Monday Morning Roundup

Monday, April 9th, 2007

Just some stuff to start off the week... I participated in 2 carnivals/festivals. My post about high yielding bank accounts is mentioned in the Carnival of Personal Finance edition #95 is up over at Accumulating Money. My post about the beginning of my million miles quest is included in the Festival ...

Searching for Real Estate with Google and Yahoo!

Sunday, April 8th, 2007

I was watching CNN the other day and they were doing a piece on how Yahoo! Real Estate now lets you search for foreclosures. There weren't any house by me in foreclosure within 5 miles so I broadened the search to 20 miles. The cheapest house on foreclosure listed was ...

Sometimes the best investment is a book.

Sunday, April 8th, 2007

I just finished reading The Richest Man in Babylon and thought it was worth the entire $6.99 price I paid for the paperback version. The book explores a lot of simple wealth building lessons that most people are familiar with, but never apply them to their lives. Even if you're ...

Time your referrals to AGLOCO.

Sunday, April 8th, 2007

For those that don't know, AGLOCO is basically a reincarnation of AllAdvantage, which was the web's premier "Get Paid To Surf" company during the dot com days. The company paid its users the advertising revenue generate by their viewbar program. However, during the dot com bust, internet advertising rates collapsed ...

Chase Blink Field Test Results

Saturday, April 7th, 2007

So I went crazy with testing the card yesterday and used up my entire $5k credit line. Kidding! After a series of precise tests done without controls or any measurements of any kind, here's what I'm concluded: The RFID credit cards are cool as hell! However the convenience factor is all ...

Chase Freedom Card with Blink Field Testing.

Friday, April 6th, 2007

I applied about two weeks ago for the Chase Freedom cards which was offering a $250 bonus. The card also comes with Blink which lets you pay for purchases at certain merchants without swiping, but rather holding your card up to the wireless RFID reader. The reader then attempts to ...

Finding Cheaper Gas

Thursday, April 5th, 2007

Lately I've made it a habit before I leave my house to check gasbuddy.com to see what gas stations offer the cheapest gas. I figure it's worth it because the difference between two nearby Exxon stations can be as much as 15 cents. While I won't drive out of the ...

Money Lessons: High Yielding Bank Accounts

Wednesday, April 4th, 2007

I believe every dollar in your possession should be working for you. Working how? Earning more money. This is where high yield bank accounts come into play. In the past, most banks required a hefty minimum balance to earn decent interest. Today, that's no longer true with the advent of ...