On Saturday I posted a simple way to always make money on UpDown.com. I’ve been thinking through that some more in the past couple days, and wrote a little tool to help me decide which stock would have historically done the best in my scenario.
The goal is not necessarily to select the best performing stocks, […]
UpDown.com is a fairly new website that combines a virtual stock portfolio with social networking. After signing up for a free account, they give you a virtual $1 million to invest in the stock market. Your goal is to beat the S&P 500 each month. According to a Moolanomy […]
I’ve been thinking about this question for a several weeks now. PaidTwice has started the Snowflake Revolution, which is a aggregation of blogs that talk about snowflaking. I’ve been looking for an excuse to join, but I’ve not really been sure if the concepts apply to me since I don’t have any […]
I have a bit of money invested in some Prosper loans now and am interested in how they are doing, as well as how the whole concept of Peer to Peer lending is going. The ProsperDays conference has been going on the past couple days and I’ve been watching some videos of it. […]
In reading through my blogroll, I came across a couple references to using TreasuryDirect.gov to purchase savings bonds as an alternative to high yield savings accounts. I figured it was worth looking into, so I signed up on the website. The registration process was a little awkward, and you can’t log […]
My LendingClub bonus has turned out even better than I had hoped. The original deal was a five per-cent bonus based on the amount lent before February 3rd. I managed to get the minimum $5,000 invested in a portfolio, as well as an extra $375 from loans that had expired and I resubmitted. The bonus […]
I just got an email confirming my bonus amount from the LendingClub thank-you bonus:
I am writing to let you know that you have qualified for the Lending Club 5% Thank You Bonus. You lent over $5000 during the qualification period, and ended up lending $5,375.00, earning you a 5% bonus of $268.75.
Your lender account will […]
I’ve been investing a little money each month in Prosper for almost a year now. Each month they send a statement detailing the account balance. I calculate the different between the current month and the previous month to determine how much interest to add to my account in Quicken. Of course, the […]
This is a handy ‘rule’ that I learned a long time ago and often comes in handy. The rule of 72 refers to a simplified way to estimate the amount of time that money invested at a given interest rate will take to double in value. Simply divide 72 by the interest […]
The Lending Club Thank-You bonus ended yesterday. I deposited an initial $5,000 and created two low-risk portfolios on Friday. After considering how I believe the bonus is calculated, it should turn out pretty well for me. Its a little unclear exactly how the bonus is calculated, so I emailed them […]
