/* */

Monday, April 24, 2006

Creating a Company

I'm looking to create a company for my consultant job. I'm looking towards a sole proprietor if I don't liability protection. I need to find out more details before I can make a decision. Does anyone freelance here? Is it much better for tax deduction purposes?

Friday, April 21, 2006

New Job

I have accepted a new job offer and will be leaving my current company where I have worked for more than six years, including internship. The new position will be Business Analyst working as a consultant. They're paying me almost 60% more money. I'm so excited about the new salary but at the same time prepping for the amount of work I will be given. I'll be working with clients and designing/implementing systems for them. We'll see how everything goes. I'm going to start on May 15th and have given leave notice to my current employer. I will take a short break before my new job. I'm still thinking of a nice place to go.

Thursday, April 13, 2006

Sudden Money Is Tough For Advisors

Getting rich quick can be such a burden. You’d think people who suddenly come by a windfall would be a gold mine for financial advisors, but they are often a headache. Advisors say these clients many times display erratic behavior, low follow-through, and are usually flooded with advice from friends and family. But it’s a key area for advisors to be thinking about. For one thing, windfalls are becoming more commonplace, generated by events like the sale of a business, inheritance, divorce, insurance settlements, retirement, and of course, winning the lottery. Brokerages refer to the group as the “emerging affluent” - people with between $500,000 and $10 million in investable assets. It’s a group that is sitting on about $14 trillion in assets, according to some estimates, but one that is so diverse that financial advisory firms are struggling to formulate a strategy. “Windfalls can be disorienting for people no matter what their walk of life,” says Susan Bradley, the founder of the Sudden Money Institute, a resource center for recipients of new money and their advisors in Palm Beach Gardens, Fla. Bradley, who considers herself unflappable with money matters, has drawn on that trait when dealing with clients who’ve become suddenly rich. Like the day an accountant told her about a client who had deposited $47 million into a moneymarket savings account, a low-interest account designed mainly for day-to-day use. This wasn’t a lottery winner frozen in the financial headlights, but an experienced businessman who had sold his firm. Source: Scottrade News

Monday, April 10, 2006

Introduction To Investing Basics

Introduction To Investing Basics

Tuesday, April 04, 2006

NVDA Skyrocketing

NVDA has been climbing up since I purchased it on March 22 at $48.50. I sold my shares on March 28 at $54.32 and made a decent 12% return. Since my sale, the stock has not stop climbing. It's currently at $59.30 and continues to trend strong. Look at the most recent 5 days.

Getting Things Done

I ordered a new book from Amazon, Getting Things Done : The Art of Stress-Free Productivity. I received the book this weekend and have just started reading. This book is #1 on the top ten books in BusinessWeek. It should be informative and useful. I'll let you know as I go through the book. Another book I really like and have read from the top ten books in BusinessWeek is Blink.