Making Money

DELL and YHOO: I finally sold them

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I’d been holding long positions in both DELL and Yahoo for such a long time, I watched them go up, then go down, then go up again, then go down again. Today, I decided to sell, even though I wasn’t underwater by more than 7%. I got tired of the tech ride. I actually want to see a return on my money, so I sold the positions, and am now sitting about 30% in cash right now. I’m looking at a purchasing some ETFs or some Dogs of the Dow stocks with 4.5% dividends. Undecided yet! But we’ll see.

It’s a shame since I had held Dell since 1998, and traded them once or twice over the time. I may try to get in at some point in the future, but it’s unlikely. I may have some seller’s regret, soon, esp. with upcoming launch of M$ Vista on January 30th. YHOO (click to read the story) looks like it may not do more than meet analyst’s expectations, and it’s a tough market for them nowadays, so I’m guessing (could be wrong) that there is some downside to Yahoo. Also, without speculation on a takeover, I don’t see how there can be much upside in the short term. I’m looking for a re-entry point, but I’d like to see that about $23-24, ie. can there be a sale of 10%? I wonder…

Local Businesses: We need SEO help, too!

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Our language school has been increasing our local promotions with newsletters, Halloween Parades, website development. We’ve been trying to target local visitors, both online and offline, and encourage them to come in and check out our children’s language courses.

To encourage online visitors, we need search engine submission by servicewrap.net. Most local businesses, like taxi companies, hair stylists, etc., could make much better use of online search services, to get ranked on the first several pages of search engines such as Google, MSN and Yahoo.

Having results that turn up in the top 10 positions will drive new search engine traffic to your local business. We’ll be looking at this service ourselves, as we try to attract new students into our language programs!

This post has been sponsored by Servicewrap.net.

Thinking about the blog: Explaining how I got here!

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I’ve been thinking about the nature of my blog, my original purpose, and what has been going on here. I’m coming to the conclusion that I need to make some changes to the nature of my blog. I need to explain where my blog came from, why I have arrived at these results, and what my intentions are, so that readers can better understand.

I had originally thought that this blog would encourage me to make the kind of investments that generate streams of income. However, I realised that that has been what I have doing for some time, so when I was reviewing my results for January so far, I had in fact made some investments that I need to explain to my readers, so over the next few days, I’ll try to detail some of the ideas that led to those decisions.