July, 2007

Technical Analysis Of The Financial Markets (Book Review)

Wed Jul 25, 2007 5:48:34 pm by Dustin
Filed under Book Review, Finance, Fun, General, a little about life

Full Title: Technical Analysis Of The Financial Markets, A Comprehensive Guide to Trading Methods and Applications by John J. Murphy
ISBN: 0-7352-0066-1
Get it cheap.

Summary: As the title states this seems to be a ‘comprehensive guide’ to Technical Analysis – the use of charts and volume to predict, track, and profit from the stock market. (As opposed to Fundamental Analysis – the use of financial statements). Murphy goes into detail about the various techniques to using Technical Analysis such as Dow Theory, chart trends, moving averages, head and shoulders…

What I thought: In hopes to learn more about personal finance which is a New Years Resolution and a Mid Year Resolution, I picked up this book. At first it was pretty interesting learning how to determine various peaks and troughs in the charts in order to make a profit. (I will keep the argument of Fundamental v. Technical for another day.) Then I read more and more and was able to get the gist of any chapter in the first few pages if not the first few paragraphs. Would I suggest this to somebody who was interested in Technical Analysis? Well maybe, but I would tell him or her to read the Wikipedia article first; it seems to be more in depth and free.

Salary.com Has Gone To Crap

Wed Jul 25, 2007 5:05:16 pm by Dustin
Filed under Dealing with People, General, Payroll, Tools and Tricks, a little about life

I was looking up a few salaries just now on Salary.com and decided it is crap. First of all, they have not updated their interface in about six years. Get with the times here folks; people use AJAX and have simple designs for a reason. Secondly, every fifth page seems like it is one of those ‘Click here to skip this ad’. Are you really hurting that much that you have to put these random page ads in for me to get annoyed? The same is true for Forbes’ website. I can deal with ads but, come on really, get rid of those.

From now on I will be using Indeed.

The Millionaire Next Door (Book Review)

Wed Jul 25, 2007 6:20:09 am by Dustin
Filed under Book Review, Finance, Fun, General, Household, Payroll, a little about life

Full Title: The Millionaire Next Door, The Surprising Secrets of American’s Wealthy by Thomas J. Stanley and William D. Danko
ISBN: 0-671-01520-6
Get it cheap.

Summary: Have you ever wondered what the wealthy in America do for a living? What they drive? Where they shop? How they spend their spare time? The interesting part of this story is they live middle to upper-middle class lives, drive cars which will get them by, and typically work as professionals or small business owners. That’s right, they are just like me and you. Typically they do not come from families with large a inheritance and most often put themselves through college. Surprising enough, many of them are self made millionaires. This book also argues their current lifestyle of frugality sprouts from their childhood, and they would have never made this ’status milestone’ without that prior lifestyle.

What I thought: This was a very interesting book. Although, it seemed obvious that somebody who were to save 20% of their income year after year would become a millionaire, I did not exactly know who was doing this kind of savings. I also found it interesting that families typically do not have millionaire children. This comes from their parents establishing a lifestyle which the children cannot hold until they are well into a career. In order to keep that lifestyle, they ask for or receive gifts from their parents while not saving. The moral of the story is to get a college degree, get a nicely paying job or start a company, invest extra (typically 20%+ in these cases) income, live below your means, educate yourself of your financial situation and the situation of your country/world, and be happy with life not the furniture and other toys.

My First Trip To Bellingham Washington

Mon Jul 23, 2007 7:35:29 pm by Dustin
Filed under Dealing with People, Fun, General, Health, a little about life

I made my first trip to Bellingham, WA this last weekend. Why you may ask? Well, no particular reason. Ok, there was a slight reason; I mean I didn’t just wake up on Saturday and decide it was time to take a drive. No, it was not exactly like that. Instead on Friday night, at the monthly Poker Night, a friend asked if I wanted to go the Bellingham. I think this was at about one in the morning. At 7:30, we were on the road for a nice five hour drive.

The place I stayed was right on Lake Whatcom; I mean right there. So, as my reputation holds, I was swimming, boating, and Jet Skiing for most of Saturday afternoon and Sunday morning (and drinking my weight in beer – swimming and beer do not completely mix).

Exciting things to note:

  • When we were at the store getting beer, one of the girls I was with pulls out a 40 of Busch and says she used to drink that. Just as she says this, some random dude walks by and asks, ‘Did you used to live under a bridge?’
  • One of the guys asked if I wanted to join his web design company he is starting.
  • The house had a bunch of dogs which they use for dog shows, meaning they had to stay in their special kennels to not develop personalities, were very well groomed, and had had their barks removed (I’m serious). We called them fake dogs.

I liked it enough I might even go back some time.

How We Should All Use MS Paint

Fri Jul 20, 2007 4:41:59 pm by Dustin
Filed under Dealing with People, Fun, General, Tools and Tricks

Today was one of those happy Fridays where I zoned out for about six hours. Ok, I exaggerate, but there was a point where I took a few minutes out of my day to watch a video of a guy drawing a car in MS Paint. Whipdy ding you say. Well don’t knock it until you watch it yourself.

This is quite impressive. The guy who did this mind blowing doodling has some more of his work over at pixelgod.net. Sorry his site only has still images as far as I can tell. Either way, for all of those Photoshop or Gimp fanboys out there, this one is for you.