Archive for the 'investing' Category

31 Jan

My cd code is about to expire

I was supposed to put some money in a cd this month. My credit union wanted me to lock the money up for too long for a mediocre interest rate so I decided against it.
Then I got a email from one of the banks that I entered a sweepstakes through. They’re offering a $25 gift […]

10 Aug

Scared money can’t make money

The Dow dropped 500 points in 1 day and people were just losing their minds. Never mind the fact that the next day it roared back, people were already spooked. I had coworkers talk about putting all of their money in money market accounts because they had lost $50. Yes that does say “Fifty”. I […]

15 Jun

I funded another loan at Lending Club

I haven’t added a lot of my own money yet and I only have a small amount of loans. I do go into my account periodically to check and see if my loans are up to date and I noticed that I had $25.51 cash available. That was from interest and principal payments in addition […]

15 Apr

I need to increase my housing budget

I’ve been looking around at housing and there is nothing in my price range. The only places that I do see are older houses that haven’t been updated since they were built. Unfortunately it looks like I have to increase the amount that I’m willing to spend but that may mean delaying my purchase for […]

10 Feb

Should I save or invest my insurance proceeds

One of the insurance checks came in from the mail yesterday. It’s for a small amount less than I thought it would be because of premiums that were due, but I’m ok with that. Now I have to decide what to do with the money.
I have several ideas but I’m still working out the details. […]

20 Oct

My Lending Club payments are late

Again. Blah. After I looked at the two loans I made, I realized that one was a pretty risky bet with high interest rates. I sorta expected that one to be problematic. However the other person was rated pretty highly and I was sure that they would pay on time. So far, both have paid […]

13 Aug

I just got my first payment from Lending Club

I’m pretty happy about it too. It wasn’t a lot of money because I only invested in 2 loans for $25 each but it’s still something. I read a lot of comments about Lending Club before I got involved with it but I was still pretty skeptical. I didn’t know if these people would take […]

14 Jul

I joined Lending Club last week

I got a referral from Lulu giving me $60 to start out with. I didn’t even have to transfer money in to get the bonus. All I had to do was confirm my bank and the money was deposited. I’ve already made 2 loans in $25 increments. My plan is to transfer $25 per month […]

01 Jul

I don’t even remotely understand day trading

I was reading through my spam comments and somebody was trying to get backlinks for Forex trading. Of course I deleted it as I do with all spam comments. Then I really stopped and thought about it. I don’t understand Forex trading or day trading in general. It’s kind of like hearing the term Mesothelioma. […]

22 Jan

I need to raise money to invest

I know that sounds silly but I don’t have the extra cash right now to invest in the stock market. There are some great bargains out there right now that I would love to get in on. The problem is that I only have a small amount of cash to invest every month. I know […]

14 Jan

My 2010 resolutions

I only have 5 short and sweet resolutions this year. I should make them all and they shouldn’t be that hard to keep.

Savings - $2700. Not a lot of money in the grand scheme of things but I don’t have any money in savings right now. This should be fairly easy to make.
Bills - $650 […]

28 Apr

I should have gone to the shareholders meeting

Today is the annual shareholders meeting for the company that I work for. I own shares in my 401k so I was eligible to go. When the invitations came out, I didn’t think to order one as I didn’t think I would be interested in going. Now that the day is here, I’m interested to […]

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