Category: Finance

  • < 12,000

    Today markets fell worldwide, will the NYSE follow suit tomorrow? My guess is yes, and it won’t be pretty. So look for the market to falter tomorrow, leaving us with a closing number well below 12,000.

    Here is a breakdown of the losses seen worldwide today.

    • Bombay’s Sensex -7.4%
    • Frankfurt’s DAX -7.2%
    • Hong Kong’s Hang Seng -5.5%
    • London’s FTSE -5.5%
    • Shanghai Composite -5.1%
    • Tokyo’s Nikkei 225 -3.9%

    I for one will be looking to pick up a few stocks at a healthy discount if the market does suffer.

  • Passive Income – December

    Here’s the break down of my passive income for December 2007. I’m happy to report my passive income was slightly more than double what it was in November.

    • Interest: $48.29
    • Dividends: $11.29
    • Credit Card Rewards: $32.10
    • AdSense: $5.39
    • Text Ads: $16.02
    • Misc website income: $15

    My total for December is $128.09, that’s an increase of $64.90 over November.

  • Mint.com – Reloaded

    After using Mint.com for a few weeks, it certainly has grown on me. So I thought I’d give another go at reviewing it, now that I’ve spent more than a few hours using Mint.

    Anyhow, they recently made some changes to their site (Build ph363.43), I have mixed feelings about the update. On one hand, I was excited to see that I could manually enter the APY for my accounts!
    picture-7.png
    However, my inner obsessive self was disappointed to see that the Update button for manually updating my accounts was gone…
    picture-8.png
    There used to be a nice Update button right there next to the Edit button, Mint! What have you done?!
    Edit: The answer is here!

    Minor things I know, but here’s the big kicker. Stability, Mint has gone a little janky since the update, now when I delete one entry from my alerts it hides all of them until I refresh the page, then they come back. Also, the email and mobile alerts I have set up haven’t been working 80% of the time, I might get the email update, but not the mobile one… or I may get it three days after I get the email. Rather annoying.

    The Spending at the Pump feature on the Accounts page also seems to omit random trips to the gas station, one day it told me I’d spent $124 on gas, and the next it said $83. The truth is I’d spent like $113 for the month.

    Then there’s the Spending Trends page, which random display little to no information , here’s what it told me my expenses were for the entire month of November:
    picture-10.png
    Clearly, $48 + $64 do not equal $1,091. On top of that, I know I had more than 8 transactions for the month, that and I spent well over the claimed $1,091, after all I spent $948 at Newegg.com alone. The Spending Trends feature was working prior to the update, so hopefully they’ll get that fixed soon.

    I’m still waiting with baited breath for them to start supporting brokerage accounts, I don’t even know if this is a planned feature, but if they ever add it I will be ecstatic. In fact, I might even do a little dance.

    Another feature I’d really like to see soon is the ability to import/export transaction records. But I complained about that in my last review as well, so I’ll shut up now.

  • Passive Income – November

    Since October I’ve been trying to cheat the system and get something for nothing, in this case, a little extra income without any work.

    My total passive income for October was $63.19, not too shabby for just getting started. Here are the numbers for November.

    • Interest: $15.11
    • Dividends: $14.72
    • Credit Card Rewards: $24.58
    • AdSense: $3.13
    • Text Ads: $16.02
    • Misc website income: $15

    Bringing my total passive income for November to $88.56, that an increase of $25.37 over October, and brings the total earnings since the beginning of this project to $151.75.

    My main dividend stock just dropped their dividend payout to 10 cents per share for the next three months, which stinks, but I expected it.

  • eTrade shows some love

    After getting some serious cash money from Citadel Investment Group, eTrade is passing on the love by raising their interest rates, yay! While there is no proof these occurrences are anything but a coincidence, I don’t care, I get more money now.

    Earlier this month I signed up for a fixed rate 1 year CD @ 5.10% (which was good at the time), then they dropped their rates to 4.70%, so I was pretty happy I got it when I did, and now they’re back up to 5.15% for the year term, I still think I did pretty good though. Anyway, today I signed up for a 6 month fixed rate CD @ 5.25% which is sweet. Assuming I have money left over after paying off my Student Loan I might consider grabbing another 6 month CD.

    Also, they raised the rate on their Complete Savings back up to 5.05%.