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Triple My Money: How Long and What Does It Take?
You are probably familiar with the Rule of 72, which tells you when the one dollar you invest today will be worth $2 once you have a rate of growth. If your annual rate of return is R%, then it will take you (72/R) years to double your money. For instance, for a 6% return [...]
What Is VoIP And Why Is It Popular?
Simply speaking, Voice of Internet Protocol, commonly known as VoIP, is a technology that can carry voice signal over the Internet rather than traditional telephone lines. Though the technology was originated from a technology developed in the 1970s, it became commercially available only in recent years. Now big players such as Vonage and SunRocket are promoting heavily their products and services.What attracting people most about VoIP services is cost. [...] Continue Reading…
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“How to Invest When You’re Young”
This is the title of an article from Kiplinger's Personal Finance. The article suggested several options to start investing with a small amount of money (less than $500). According to the article, youngsters can start stock investment with Sharebuilder, which charges $4 for each transaction. For the long-term, the article brought up a couple of mutual funds with low minimum initial investment, such as AARP Agressive fund (N/A): Minimum [...] Continue Reading…
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September 2006 Score Card — Part III: Free Money
Well, they are not really free as the money does not fall from the sky. But I call it “free money” because it comes from outside of my job (so I won’t get fired if I did poorly) and my investment (so I don’t have to spend money in order to make money). And, the time and effort required to earn a few bucks are no way close to [...] Continue Reading…
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Net Worth Update
One of my mutual fund holdings, Columbia Strategic Investor Z (CSVFX), lost more than $2.60 in NAV on September 20th. At that time, I thought it must be due to income distributions. But I forgot to check my account from their website and didn't take the distribution into consideration when calculating my September net worth.Last night, the statement arrived and indeed the fund had a huge distribution on 20th [...] Continue Reading…
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Note on School Bus
I took this picture with my cell phone on my way to work this morning from a school bus stopped in front of me. Somehow the picture didn't come out right, so it's not clear at all. What interested me was the note on the back door of the bus, which reads:"This Bus Checked & Empty"Whom was this note shown to? The teachers? The parents? The school securities? And who [...] Continue Reading…
