What a Day.

Today was horrible for the stock market and share holders in general. ALL of my stocks went down today. I am SO glad that I put that amount (see last post) into my money market account instead of stocks just yet. I will eventually put this money into stocks, but I don't think we have reached the bottom yet.

So is June going to make $1 a day for me, Not a Chance. My stocks may be down, but my 3 other accounts are all up.

I think the safest play for investing right now is CASH and MONEY MARKET Accounts! (I am not a pro, take my advice with a grain of salt and make your own decisions, or call and ask an investment banker!)

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What a Crappy Deal!

The stock that I was trying my day trading experiment on did a split. now most people think that is Awesome but.... this stock did a reverse split, which means for every 530 shares I owned, I know only have 1 share. So my 1.5 Million shares are now just under 3000 shares of the company. So, I now have a new plan...(well new for this blog) I am going to try and buy a majority stake in the company. I already own about 3% of all outstanding shares. Since the reverse split, the share will fall in value and I will be able to buy them at a discount (I hope) plus there are fewer shares for me to buy!

Also I deposited $50 more into my money market account. I did this so that I can have more money earning more interest. I am looking at 2 stocks right now that are becoming Very attractive with the market falling as of lately! If I buy something, I will be sure to post it here!

Sorry I have not been able to update this blog as much as I should, I am working about 80-90 hours per week and I really just want to sleep when I get home! Plus I am still working on a may-term for my University!

The Results for June are almost here!

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May 2008 Results

Starting Totals for May were:

My Savings Account: $258.07

My Investing Account: $670.11

My Money Market Account: $60.85
$35 came from Cash infusion and will not be counted as profit.

My Personal Lending Account $242.98
Currently Loaned: $194.22
Waiting to be Loaned: $48.76

Ending Totals for May

My Savings Account: $258.07 <0>

My Investing Account: $668.82 <-1.29>

My Money Market Account: $60.87 <+.02>
* Don't forget this amount is actually in my Day Trading Experiement* It increased .02 cents because it was in the money market account for a few days before it was transfered to the investing account!

My Personal Lending Account: $245.39 <+2.41>
Currently loaned: $241.51
Waiting to be Loaned: $3.87
* I made another loan using the cash flow from the previous loans.

The Grand Total for May is........ +$1.14 or + $.036 per day!

Today is Friday the 13th, and my day fit accordingly. As you know I am working 2 jobs at the moment and still trying to find time to work on my other ventures. I have postponed my custom website business until mid August, Which is okay because it gives me time to build a platform for all of the new sites I am expecting. I am currently working about 90 hours a week at the jobs, whewww, am I ever tired!

I plan on depositing some money into the stock fund because I really want to double down on one of the stocks I currently already own!

I didn't reach my goal this month but I still have next month!

Don't forget, if you have something you want to ask me or something for me to comment on, just let me know!

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may results

may results are on their way, i am just waiting for my statement from prosper.

I was also able to add the hit counter to see how many hits this blog gets to try and start making a few bucks off of it!

Also, This blog has made it onto Blogged.com I need some reviews on it to hopefully move it up the rankings, be honest! I also have to add this link so that they know that I own this blog.



I am in phase 2 of my day trading experiment. I have bought up all of the shares that I am going to do (about 1% of the company, I actually own more, but that is for an investment, not for day trading) so know I just have to put all shares up for sale and see if I can double my money this week!

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