Accumulating wealth is like building The Great Wall, one brick at a time
By Sun on Jan 14, 2008 in Mutual fund, Investing | 8 Comments
The Fidelity Magellan Fund (FMAGX), which was once the nation’s largest mutual fund with an asset at $100 billion, will reopen to new investors tomorrow, January 15, 2008 after shutting its door more than 10 years ago, according to a Fidelity announcement. The main reason to make the flagship fund available to new investors is […]
By Sun on Jan 14, 2008 in Bond, Investing | 0 Comments
When 2007 began, the rates of the 4-week T-bill were very attractive, with returns as high as 5.4% APY. Before FNBO Direct launched their 6.0% APY promotional rate early last year, 4-week T-bills were my main short-term investment vehicle for the good returns and automatic investments that were very easy to manage.
However, things started […]
By Sun on Jan 13, 2008 in Pfblogs | 0 Comments
Silicon Valley Blogger at The Digerati Life offered some debt defying strategies to get rid of your debt.
Jeremy at Generation X Finance looked at the current market condition and urged not to make drastic long term decisions based on short term market fluctuations.
Ben at Money Smart Life continued discussions on taxes. This time, he discussed […]
By Sun on Jan 11, 2008 in Mutual fund, Investing | 10 Comments
There was a short Q&A in The Wall Street Journal yesterday where the question being asked is the following:
I would like to buy only a few stocks in certain companies. Are there any online brokers that handle people with only a couple hundred dollars in their account and don’t charge heavy fees for infrequent […]
By Sun on Jan 10, 2008 in Bonus, Free money | 1 Comment
The $100 bonus offer from OptionsXpress is back!
To get the bonus, $500 must be deposited into the account by March 31, 2008. I opened an account when the offer was around before the new year. Now I am just waiting for the free money
Meanwhile, TradeKing is also giving $100 bonus for new accounts […]
By Sun on Jan 10, 2008 in Living | 4 Comments
Part of our efforts to save on heating oil and reduce the overall energy bill in the winter is use radiators in the evening so the temperature in the house can be kept low. While we may have lowered heating oil consumption so far this winter, the spending on electricity certainly went up, a lot, […]
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