LIVING OFF DIVIDENDS & PASSIVE INCOME

Archive for January, 2008

Manufacturing Jobs Coming Back To The US

Wednesday, January 30th, 2008 Posted in Economy | 5 Comments »

I read a lot of financial news and newsletters on a regular basis. One of the paid newsletters I subscribe to is Capital & Crises by Chris Mayer which discusses ... Read more..

How Not To Bid On Prosper

Wednesday, January 30th, 2008 Posted in Passive Income, alternate investments, prosper | 14 Comments »

Micro-lending is one of my 20 passive income streams. I currently have 45 loans on Prosper.com, lent out at an average rate of 19.55%. Even though I've had a few ... Read more..

More Inflation Magic

Monday, January 28th, 2008 Posted in Inflation | 6 Comments »

To shed more light (well actually cast more gloom) on last week's inflation post here's an excerpt of an email from Chuck Butler, President of Everbank: The Fed has turned its ... Read more..

Reliance Power: An Indian IPO - Part 2

Friday, January 25th, 2008 Posted in Foreign Stocks | 2 Comments »

As a continuation to Part 1, the Reliance Power IPO was over-subscribed . There were 3 slices, retail investors, high networth individuals ... Read more..

US Inflation Much Higher Than Reported: Get Ready For 10% Inflation

Thursday, January 24th, 2008 Posted in Economy, Inflation | 7 Comments »

Today's post is an excerpt from a letter by Martin Hutchinson. He's done a great job of explaining why interest are so low and why inflation will probably run 10% ... Read more..

Global Markets Crash: All Non-Correlated Markets Converge In A Downturn

Monday, January 21st, 2008 Posted in Foreign Stocks, Global Economy, Investing | 7 Comments »

Following the decline in the US markets and a show of no-confidence in Bush's Economic Recovery Plan, global markets crashed in unison. According to Yahoo! Finance: Britain's benchmark FTSE-100 slumped 5.5 percent ... Read more..

The Millionaire Chauffeur

Sunday, January 20th, 2008 Posted in inspirational | 3 Comments »

Here's another vacation from India. I've hired a chauffeur to drive me around the city of Ahmedabad (also called Amdavad)  in Gujarat state. Even though people don't (more like 'can't) ... Read more..

$1921.11 In Passive Income For December ‘07!

Friday, January 18th, 2008 Posted in Earn Money Online, Passive Income | 21 Comments »

My Passive income for December 2007 was $1,921.11. Here's the breakdown: Online Income: $568.55 Adsense: $240.10 Linkworth: $132.00 TLA: $71.73 Kontera: $43.04 Affiliate: $6.68 Prosper Referrals: $75 Savings Accounts: $128.47 Real Estate Trust Deed: $300 Direct Oil Drilling Investment: $163 Dividends from ... Read more..

Reliance Power: An Indian IPO

Thursday, January 17th, 2008 Posted in Foreign Stocks | 3 Comments »

I'm currently on a short trip to India. For the past 2-3 years, India's economy has been booming. There is construction everywhere and they're building new malls and apartment complexes ... Read more..

Bank Of America Buys Countrywide To Save On Taxes

Tuesday, January 15th, 2008 Posted in Uncategorized | 4 Comments »

Bank of America (BAC) recently announced it would be buying Countrywide (CFC) for $4.1 Billion putting an end to rumors that CFC was considering bankrupcy. Apart from gaining access to CFC's ... Read more..

Hilarious Indian Telemarketeer Spoof Video

Tuesday, January 15th, 2008 Posted in Humor | 1 Comment »

Here's a spoof on Indian Telemarketeers. Its awesome. Read more..

Have Gold Prices Peaked?

Sunday, January 13th, 2008 Posted in Global Economy, Gold/Silver | 6 Comments »

In case you were asleep, last week saw gold break all records and almost closed at $900/Oz. I still think its a good time to buy for long term investors. ... Read more..

Thinking Of Robbing A Bank?

Saturday, January 12th, 2008 Posted in Random | 3 Comments »

If you're thinking of robbing a bank, you'll probably get less than $50,000 and more than likely get shot in the process. The more well-read crooks among you might instead ... Read more..

Buying Properties At A 60% Discount

Friday, January 11th, 2008 Posted in Real Estate | 8 Comments »

There are still a lot of investors looking to get into real estate. Some of them are newbies looking for deals, and others are experienced and have sellers ... Read more..

Top Performing Funds of 2007

Thursday, January 10th, 2008 Posted in Investing, Mutual Funds | No Comments »

According to Morningstar, here's the top ten performing mutual funds of 2007 1. Direxion Commodity Bull  2X Inv (DXCLX) : 87.6% 2. Direxion Latin America Bull 2X Inv (DXZLX): 83.7% 3. CGM Focus ... Read more..

How To Score A 700+ On Your GMAT

Thursday, January 10th, 2008 Posted in MBA | 20 Comments »

After I posted that I got a 740 on my GMAT, I've received numerous emails asking how I went about preparing for it. Here's what I did. I got several ... Read more..

How The World’s Cheapest Car Is Bad For Your Wallet

Thursday, January 10th, 2008 Posted in Cars, Global Economy | 13 Comments »

India's Tata Motors just unveiled its 100,000 rupee car today. According to today's exchange rate, that works out to $2,551. Its a small car, with a 624 cc engine and ... Read more..

A Love Song For Bernanke

Sunday, January 6th, 2008 Posted in Humor | 3 Comments »

Here's a hilarious video about Ben Bernanake. Thanks to James at DINKS Finance for finding this. Read more..

Looking at CGMFX

Saturday, January 5th, 2008 Posted in Mutual Funds | 5 Comments »

Its that time of year, where you should be looking at your investment portfolio, assessing your performance, seeing what you did right or wrong and if any part of it ... Read more..

We’re Now In Recession!

Saturday, January 5th, 2008 Posted in Economy | 1 Comment »

According to a newsletter I subscribe to, it looks like we're now in recession territory. We are finally seeing a dose of reality in the jobs numbers. The BLS employment report ... Read more..