I’ve run across several links recently to a site called mixergy that interviews web entrepreneurs about how they got started in thier businesses, how they’re doing today and their plans for the future. Its a great resource if you’re looking for inspiration, a few war stories and the nitty gritty on what it takes to get started and run [...]
Posts under ‘Education’
Awesome motivation from Gary Vaynerchuk
I missed a speaking event with Gary Vaynerchuk in Seattle a few months back, but have been following him a bit online and his bestseller Crush It! is on its way from Amazon as we speak.
He’s pretty direct and to the point when it comes to talking about the opportunity available to entrepreneurs today in the [...]
Pay your customers to not use your product
I was listening to NPR this morning and heard an awesome story. Local utility Puget Sound Energy has found its cheaper to offer customers rebates than to build new equipment to keep up with demand. This caught my ear due to the novelty of the idea. The idea of paying your customers [...]
$25, take it or leave it
I just finished taking the BBC’s “Brain Sex” test. It took about 15 minutes, I highly recommend it. You can learn a lot about yourself, and it is a fun way to work your brain a bit. Don’t worry, its a family friendly test!
Toward the end of the test, there is an interesting question that has a [...]
Creating multiple streams of income – call for comments!
Several years ago I picked up a copy of Robert Allen’s book Multiple Streams of Income and read it over the course of a weekend. I don’t remember it as being a terribly substantial book, but the premise has stuck with me.
To be a prudent investor, one must diversify their investments. When you think of diversification [...]
Managing Risk with Stock Options
In recent articles (Options Basics, Options Leverage) I’ve discussed using options to boost your leverage and reduce capital requirements on making a big play. Options, while risky, can limit the amount of cash you need to put into a trade and can allow you to use your available cash to highly leverage your position without taking [...]
Options terminology
I’ve been writing about my experience with options trading for a while now and feel like I often have to explain options-related terminology within my articles so I’ve decided to just post a quick glossary of terms that I’ll be able to refer to in future articles. This is just a basic list, but ought to cover [...]
Options Trading – Say hello to my good friend Leverage
Why do options offer any advantage over trading stocks? They’re riskier, since they expire within a certain amount of time and their values are more complicated to assess.
Because they expire on a given date, the investor has to make a choice within a relatively short time frame. In my earlier post, I think this expiration [...]
Options Trading – What are they, why are they useful?
I’ve been experimenting with options as a way to turbo charge my portfolio for the past year or so. Overall, I’d say my trades so far have been a wash, but I still think it is a very valuable strategy to heavily leverage your portfolio and limit your risk. In discussing options trades with friends, [...]