MoneyAccumulator.com

If you haven’t heard of Timothy Sykes he is a young lad that became famous when he turned his barmitzva money of $12,000 some odd dollars to like 1.8 million dollars in like 5 years.

The recent stock market run up has seen the Dow Jones Industrial index go up from July at 8200 to currently 9800 points and the Nasdaq on the other hand has gone up from 1750 to 2130 points. That is quite a run for both the DOW and Nasdaq and as we head to the end of September and into October, I thought that I am going to sell now and take the gains in my holdings while I can…as October is traditionally a bad month for stocks.

The Magellan Roadmate 1212 GPS was the first GPS Unit I ever owned. My wife and I went to Best Buy to pick it up, they had it on sale for $149.99 CAD. The goal with this first time car GPS unit purchase was to start with a basic one without all the bells and whistles.

Wow…the American stock market has been on a wild ride in the recent weeks or so. There were days where the dropped more than a few hundred points, and dipped below the 9,000 point mark. Very, scary stuff. With the U.S needing more than $700 billion of tax payers money to bail these financial companies and banks out of trouble, it leaves a lot of questions unanswered.

Here are some of the questions and comments that I have:

This news is a few months old but here goes. The last time the Russians offered Apple clones was back in the days of the Soviet Union.

Despite Apple CEO Steve Jobs complaints, RUSSIANS have started churning out cloned Mac PCs.  Apple has failed to gain any ground in Russia because the operating system and hardware are just too expensive for everyday Russians to afford.  They don’t see the point of not eating for a year just to buy computer, when they have figured out how to clone them for 50% less or more.

The economy is in bad shape now and layoffs keep rising, now millions of families must take steps to sort out the household balance sheet by cutting as much expenses as they can. What bugeting does is help you identify what you are spending and where to decide how to cut back.

As defined by Wikipedia:

Affluenza, - painful, contagious, socially transmitted condition of overload, debt, anxiety and waste resulting from the dogged pursuit of more.

and

Affluenza - 1. The bloated, sluggish and unfulfilled feeling that results from efforts to keep up with the Joneses.
2. An epidemic of stress, overwork, waste and indebtedness caused by the pursuit of the American Dream.
3. An unsustainable addiction to economic growth.

The Affluenza Theory

Got back from my vacation to different parts of California last week, and I am finding it very difficult to get back into the groove of things when it comes to work at the office.  I guess it is because my vacation in California was so relaxing and fun.  While I was there, I didn’t even think about all the stupid things that are happening at my job right now…like slow sales, dumb ass management and the possibility of lay offs.  My wife and I just enjoyed ourselves which is after all the purpose of a vacation, and i guess I did just that.

As the title of this post says, I am currently in Monterey, California enjoying the sun, beach and the tourist attractions like the Monterey Aquarium. I vacationed in California before back in 2007 and 2005, but I visited mainly southern California, this time my wife and I will be concentrating on central and northern California.

I will be writing about my Californian vacation in much more detail in the future on this website.

Below are a set of links to videos which teaches you the basics of “Trend Trading.”  Given the fact that some economist in the U.S are saying that the recession has bottomed out, it may be a good idea to learn and train yourself to be a better trader when the slow recovery comes around.  Even in this current environment, there is still some money to be made by the volatility.