LIVING OFF DIVIDENDS & PASSIVE INCOME

Archive for September, 2006

Private Money Lending

Saturday, September 30th, 2006 Posted in Uncategorized | 2 Comments »

I had lent out some money to a developer at 24% [2% per month] over the year and a half. Every month around the 7th I'd get my 2% like ... Read more..

D R Horton Offering Massive Incentives In Florida

Wednesday, September 27th, 2006 Posted in Uncategorized | No Comments »

Remember how Pulte Homes was giving $99k discounts in California? Well it looks like its becoming a common occurance along the coasts. Check out this ad in the Daytona Beach ... Read more..

Stock Analysts Smoking Crack Again

Wednesday, September 27th, 2006 Posted in Uncategorized | No Comments »

Regular readers know I have a short position in WCI, a home builder based out of Florida. Well the analyst thats following the stock at JMP securities definitely doesn't know ... Read more..

Tax Arbitrage

Wednesday, September 27th, 2006 Posted in Uncategorized | 1 Comment »

Merck has been sued by the IRS for $2.3 Billion for back taxes and penalties. It set up a company in Bermuda which owns its patents and then its ... Read more..

Insider Trading Tips

Wednesday, September 27th, 2006 Posted in Uncategorized | No Comments »

CNN's money site has an interesting article on insider trading.David Pajcin had set up an intricate network of spies to provide him with insider information including Businessweek and Merrill Lynch ... Read more..

San Diego Condo Conversion Craze Cools Off

Wednesday, September 27th, 2006 Posted in Uncategorized | No Comments »

There's a good article in the local paper on how San Diego is saturated with Condo Conversions that aren't selling. There are nearly 7,000 units in 111 complexes sitting on ... Read more..

Forex Robo-Trader

Tuesday, September 26th, 2006 Posted in Uncategorized | No Comments »

Interestingly enough there's a company that will take your $10,000 and put it in their "robot forex trader" program. You don't need to know anything about forex trading, the software ... Read more..

Discounted Shipping Using DHL

Tuesday, September 26th, 2006 Posted in personal finance | No Comments »

DHL is offering a special discounted rate for Costco customers. It seems to be around a 25-30% discount depending on the service. Use this link. Check out my bookstore. [All content is ... Read more..

Hedge Fund Profits Go Up In Smoke

Friday, September 22nd, 2006 Posted in Uncategorized | 2 Comments »

They say those that forget history are doomed to repeat it. [They also say history never repeats, it only rhymes].A hedge fund called Amaranth reportedly lost about 4.5 billion in ... Read more..

Gimme A Break, Its Friday

Friday, September 22nd, 2006 Posted in Uncategorized | 2 Comments »

A city boy, Kenny, moved to the country and bought a donkey from an old farmer for $100. The farmer agreed to deliver the donkey the next day.The next day ... Read more..

Comprehending a Billion

Friday, September 22nd, 2006 Posted in personal finance | 1 Comment »

A billion is a difficult number to comprehend, but someone did a good job of putting that figure into perspective:A billion seconds ago it was 1959.A billion minutes ago Jesus ... Read more..

Midwest Housing Due For a Correction?

Thursday, September 21st, 2006 Posted in Uncategorized | 1 Comment »

According to the WSJ, parts of the Midwest might experience a drop in house prices even though they didn't have any appreciation. Its mainly due to job losses.Midwest May See ... Read more..

Home Depot Muscles In On The Plasma-TV Business

Thursday, September 21st, 2006 Posted in Uncategorized | 1 Comment »

Home Depot, Kolh's and RadioShack have announced plans to start selling High-Def flat screen TVs soon. Since they're not doing well in their regular businesses, it makes sense to start ... Read more..

Ben Stein Loves Real Estate

Thursday, September 21st, 2006 Posted in Uncategorized | No Comments »

I'm a big fan of Ben Stein's books.I also read his column, How Not To Ruin Your Life. This weeks issue is about letting the non-financially savy spouse in on ... Read more..

Ben Stein’s Day in the Sun

Thursday, September 21st, 2006 Posted in Uncategorized | 1 Comment »

Ben Stein explains how to enjoy retirement, by making sure you have one!A Day in the Sunby Ben SteinIt was a perfect sunny summer day in Malibu. I spent a ... Read more..

Book Review - How to Retire Early and Live Well With Less Than a Million Dollars

Thursday, September 21st, 2006 Posted in Uncategorized | No Comments »

Gillette Edmunds quit his job as a tax attorney at the age of 29 and lived the "retired" life, living off his investments. His book,How to Retire Early and Live ... Read more..

Book Review - Rich Dad, Poor Dad

Tuesday, September 19th, 2006 Posted in Uncategorized | 5 Comments »

This is a good summary of the book. It isn't mine, but its pretty darn good, so I thought I'd share. If this is your summary, let me know so ... Read more..

Decline in Housing Good For Pharma?

Tuesday, September 19th, 2006 Posted in Uncategorized | No Comments »

According to same bizzare coincidence there seems to be a negative correlation between housing starts and the stocks of pharmaceutical companies.Could Decline in Housing Help Pharma?Tuesday September 19, 11:36 am ... Read more..

Dividend Posting Discrepancies

Monday, September 18th, 2006 Posted in Investing | 6 Comments »

I just noticed a discrepancy between TDAmeritrade and Schwab regarding the posting of dividends. I have the same Canadian stock in both of these online brokers. The dividend showed up ... Read more..

TDAmeritrade Offers 45 Days of Free Trades

Saturday, September 16th, 2006 Posted in Uncategorized | No Comments »

TDAmeritrade offers free trades for 45 days if you open a new account with $2,000 minimum deposit. What better way to start a Roth IRA!I already have a Roth with ... Read more..