This post has actually little to do with investing.
I entered a contest for an Ipad via 'wheredoesallmymoneygo' blog.
Then i got to thinking what have i won off the internet via contests (stocks usually) or just entering.
Here is a list of random items from the past 6 years with roughly the dates:
1. (2004) - $3500 laptop off CIBC stock picking contest (sold to friend for $2500)
2. (2007) - $50 gift card to amazon.com won off 'sinletter' stock contest
3. (2008) - Book from 'squawkfox' "entitled 397 ways to save money" by listing best money saving ideas in blog comments
4. (2009) - Book from 'sinletter' entitled "Fooled by randomness" by Nassim Taleb in a stock contest
5. (2009) - $150 gift card to amazon again from stock contest @ 'sinletter'
6. (2010) - *** would be nice to list the ipad here! ***
I can't think of anything else right now but will post if i remember anything else worth mentioning.
I am curious what does a 'good' (wheredoesallmymoneygo or squawkfox) blog generate for profit? I would be interested in knowing what some of the blogs i follow generate for incomes off advertising? Is a good blog really worth the work?
187 views
D
Sunday, May 23, 2010
Opportunity cost
When cash is burning a hole what do you do?
Most would spend it or buy some cool toy like an Ipad!
I have that problem with my investment account right now. 60% cash.
As i fumble through a few annual reports, recently, mailed to me it becomes apparent that i need to put more money to work and decide if some of these companies are worth holding, adding or dumping.
Current annuals on my table include: Akita drilling, Algoma Central, North West Co., Berkshire Hathaway, and Collectors Universe (which sadly i sold too early).
I still continue to have some low ball bids in for an attempt to get some of my favourites or new additions at better prices.
I've struggles with my current mix as some holdings have had some changes within the past quarters or upon further research that have made me question why i own them. ORS is one such holding. It has huge risk in receivables owed and is now near 0 book value with taking into account if the receivables are not paid minus the part that is gauranteed.
My time has been limited with work and family to guide the portfolio, but i will try to get more of that cash working harder when the prices are right.
I just found a new blog which seems interesting.
http://blog.mdwoptions.com/
will have to read it and see what i think
D
Most would spend it or buy some cool toy like an Ipad!
I have that problem with my investment account right now. 60% cash.
As i fumble through a few annual reports, recently, mailed to me it becomes apparent that i need to put more money to work and decide if some of these companies are worth holding, adding or dumping.
Current annuals on my table include: Akita drilling, Algoma Central, North West Co., Berkshire Hathaway, and Collectors Universe (which sadly i sold too early).
I still continue to have some low ball bids in for an attempt to get some of my favourites or new additions at better prices.
I've struggles with my current mix as some holdings have had some changes within the past quarters or upon further research that have made me question why i own them. ORS is one such holding. It has huge risk in receivables owed and is now near 0 book value with taking into account if the receivables are not paid minus the part that is gauranteed.
My time has been limited with work and family to guide the portfolio, but i will try to get more of that cash working harder when the prices are right.
I just found a new blog which seems interesting.
http://blog.mdwoptions.com/
will have to read it and see what i think
D
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