-Apr-
27
BankRate Financial Test For High School Students Might Surprise You (Technorati) Technorati | (Del.icio.us) Del.icio.us | (Digg) Digg | (Blinklist) Blinklist | (Comment) Comment

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Our friends over at theBeanCounter Blog recently commented on a financial test that was given to over five thousand students located around the country. This same test can be found at one of the most trusted bank sites the Internet has to offer in Bankrate.com. The test is short and sweet, consisting of only twelve multiple-choice questions. If you would like to see how you fair on this high school financial test then you can visit BankRate and give it your best shot!

BankRate High School Quiz

On a side note, I strongly support MORE stress on financial responsibility in our high schools (and earlier). Too many people these days often times find themselves in such a financial mess that it messes up their life (and sometimes other people’s lives) for a long period of time. I can personally only remember one class in high school that was even remotely close to teaching me how to handle my money responsibly. I am glad to see tests like this and would love to see finance hold a more predominant presence in our school systems. Stop letting people learn how to handle their money the hard way.

Good luck with the quiz and let me know how you do.

-Apr-
17
22Dollars Goes On Vacation - Next Stop: Paradise (Technorati) Technorati | (Del.icio.us) Del.icio.us | (Digg) Digg | (Blinklist) Blinklist | (Comment) Comment

The World's Largest Live Aquarium

Hi everyone. I am back from my much-needed vacation that included a private cruise in Paradise and a wedding in Philly, PA. Everyone had a great time and all would agree this was an "adventure" that I could write a book about. I won't get into details but lets just say we all had a great time. I also wanted to apologize for the lack of posts due to the trip. Well I am back now and wanted to let all my great readers know that I will be back up and posting again soon. On a side note I would like to congratulate Dan and Jodi and wish them all the best. It was great to finally reunite with many of my college friends who still remain my best friends. I have to go unpack now but will get back to everyone shortly! Until then continue reading the rest of this article to enjoy a few more pictures from the trip. Thanks friends :-)

-Apr-
04
Technical Analysis - Chart Pattern Recognition Series (Technorati) Technorati | (Del.icio.us) Del.icio.us | (Digg) Digg | (Blinklist) Blinklist | (Comment) Comment

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I have had many requests from virtually all my colleagues to further explain what I look for in a stock in terms of technical fundamentals and chart patterns. I am far from an expert in this subject but I do not like seeing many of friends fail to maximize profits (or worse, loose money) because they don't recognize proper stock injection points, the only time I will buy a stock.

I have thus decided to start a stock chart pattern recognition series. In this series I will show you basic stock patterns and how they certain patterns tend to resolve bullish while other patterns will resolve bearishly. Recognizing these before they happen can make you a considerable amount of money.

I will talk about chart patterns such as Double Top/Bottom, Head and Shoulders, Falling/Rising Wedge Triple Top/Bottom, Flag Pennant, Symmetrical, Ascending & Descending Triangles and Price Channels. Oh and did I mention my personal favorite - The Cup and Handle.

-Apr-
01
Boone Pickens Tops The Top 10 List of Highest-Earning Traders of 2005 (Technorati) Technorati | (Del.icio.us) Del.icio.us | (Digg) Digg | (Blinklist) Blinklist | (Comment) Comment

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RANK: 1
NAME: Boone Pickens
CITY: Dallas, Texas
FIRM: BP Capital
AGE: 77
ESTIMATED INCOME: $1.5 Billion ++

You think you had a good year in the market? Mr. Pickens netted over 1.5 Billion in 2005. Returns on Pickens's main commodities pool were over 700 percent in 2005. His smaller equity fund was up more than 100 percent. So what does someone like Pickens do with all that money? He donates a lot to pet rescues. He recently donated 165 million to Oklahoma State only to see the money end up being invested back into his hedge fund. Not a bad move considering the triple digit growth the fund saw.

Many believe this to the be largest one-year sum ever to be earned. Not since Michael Milken's legendary $550 million haul of 1986, adjusted for inflation, has such wealth been seen being ushered in. Congratulations Boone Pickens.

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