Thursday, February 26, 2009

What The

Many it's painful to watch my favorite benchmark DODGX move down to $61, down from $70 last week. It's kind of nice to have a way to gadge overall portfolio performance by watching the same number each week.

Other thought about psychology:
Before recently, I read "the best time to buy is the point of highest pessimism" I read it and thought "yea, I can handle that, I'd increase my contributions" But right now, I am so dam pessimistic, I just want to sell it all. I mean, if I had gone all cash last week, I would have saved losing like 10K! or something crazy like that. I don't want to even think about how if I had sold last September before everything went down 30%.

I hate psychology.

Sunday, February 8, 2009

How to take advantage of green sense

www.citizensbank.com/greensense

So, here's what the deal is, every time you use your citizen's bank atm card, you get 10 cents in your account. There is a cap of $120 per year you can earn this way. That's 1200 transactions!!! So... How do we take advantage of this?

I think we should make a web site that will make 1200 small purchases throughout the year. In exchange the web site will take 2 cents out of every 10 cents you should get back. So for zero effort, you could make about $100.

Nice.

Wednesday, February 4, 2009

I made tons of m$ney


On 11-20-2008, my 401k purchased about 3 shares of DODGX at 60.190 each.
That's a total of $180

now those 3 shares are worth 68.22 each or 204.66, sweet that's a gain of PLUS 13%

Now consider that at one point not too long ago those shares were worth like $120 each, so if those numbers return, my shares will some day be worth: $360. That's a 100% gain. How long until then? who knows.