Articles Archive for January 2010
Administrative »
Check out the new discussion forums here at 20smoney – perfect for those looking to make money online or discuss the economy or seek out dividend income!It looks like I’m getting a bunch of new visitors from the article I wrote for MaxBlogger. I wish to point you folks to the following resources that might interest you:
Each month I do a monthly update for the blog, both in terms of traffic and income (income is a huge goal of mine). You can view my latest update from December here. …
Economy, Politics »
The election season in 2010 has basically begun with the State of the Union address this week. Ignore the rhetoric and the speeches; there are really only two metrics that will determine the success of the incumbent party (Democrats) come November. They are:
Whether or not unemployment drops below 10%
Whether or not the Dow can stay above 10,000
Simply put, the Democrats know they need to put a dent in unemployment and they need to keep the stock market above 10,000. The latter may have seemed easier just last week – the …
Market Analysis, Trading »
GDP results came in at 5.7% (this will be revised lower when nobody is paying attention just like last quarter), yet the market still couldn’t hang on to its 100+ gain (Dow).
The Dow closed down 53 points and ended the week at 10,067. The S&P closed down 10 points to 1073. The Nasdaq closed down 32 points to 2147.
Today saw a huge drop in one of the market leaders of 2009, Apple Inc. (AAPL). This is a perfect example of how a stock can drop even when the company is …
Contest »
I’ve been wanting to do a give-away / contest, and I decided to do it in the form of a writing contest. You can enter the contest by writing a short piece as described below.
Writing Guidelines
Answer the question: What is your financial plan for the next 10 years?
Be sure to to hit on things such as income, job security, budgeting, expense management, real estate, investing, retirement planning, etc. – the more detailed within specific areas the better!
Be sure to discuss how the economy might affect your plan – what if …
Administrative »
I’m looking to get some feedback from the readers and visitors of this blog. Please leave a comment or email me at kevin (at) 20smoney (dot) com with your answers to the following questions:
What is your favorite topic that I write about on 20smoney.com?
With regards to investing, do you prefer posts on specific stocks and trades or more general strategy?
Do you like when I include a chart in a post about the markets or a specific stock (yes, no, don’t care)?
Do you like the “Important Reads” posts where I detail …
Market Analysis, Trading »
Finally some tailwinds to my shorting plays versus the headwinds of just about all of 2009. After breaking north of 10,700 last week, the Dow Jones is now very close to the 10k mark. Insignificant, but definitely a psychological level.
Good article over at Seeking Alpha about “shorting the double dip” says the following:
What to do? Short the obvious – a continuing fall in national income – start looking at logical shorts based on fundamentals and then check out technicals for the “when.” An important part of those fundamentals are balance …
Lifestyle, Personal Finance »
We could all afford to buy less stuff, that’s a given. But, what about the things that can be potential assets to you and your family? The key is to buy these things when they’re completely out of season or when there is very light demand for such products. Not only can you get great deals but you can also find plenty of people selling perfectly good products for dirt cheap prices through places like Craigslist.
Recently, I’ve gotten into preparation / safety mode and I’ve decided that a generator is …
Debt, Personal Finance »
This is a guest post from Silicon Valley Blogger of The Digerati Life. The Digerati Life is a site that covers topics on investing, saving and money management. Check out the site’s coverage of OptionsHouse and their review of Zecco, for a taste. But the topic for the day is how to manage your credit after experiencing foreclosure. If you’re interested in providing a guest post, please click here for more information.
We, homeowners, have gone through quite a drubbing during this latest real estate market downturn. The …
