Useful Investing Resources For People Like Me
Current YTD Return: -$430
Here are some of the great sites/shows I take advantage of for my learnings:
1) Morningstar.com - I love their front page. It easily shows the market status by different segments. A quick snapshot of most active trades, biggest losers and biggest winners. I use this site everyday for the front page.
2) CNNMoney.com - I love their stock quotes. Easy to search, easy to read, various information associated with the stocks. You can also check where the market is going by looking at the futures before the opening bell.
3) Mad Money on CNBC - I love watching Jim Cramer and his energy. He really has some great insight and I use him to discover investing options. He has various sections like “Lightning Round” and “Are You Diversified”. He is insane though. Who eats SPAM raw because his prior stock he recommended sucked? Only a madman..
4) Motley Fool - Good compilation of articles that readers can vote. You can find articles that you wouldn’t find elsewhere.
Going to my performance today….it SUCKED. The value went down by another $700 primarily driven by DRYS. It’s killing me. I don’t know if I can sleep tonight. In the three, my stock value declined by $1700! What the hell. You may be wondering “why the hell is this guy investing on oil heavy industries?”. Well, I like NAT because Jim Cramer loves it..and it pays GREAT dividend (I got $1+ per stock in dividend last qtr). That’s my long term. GM I thought it can’t go down any further and that it would bounce back up when the oil crisis eases up. Guess not. Lastly DRYS is supposed to be my short-term investment making me quick money. Well, I was up $700 until the next day it tanked. Then it tanked. Then it TANKED today totaling a loss of $850 so far. Just shoot me.

June 11th, 2008 at 7:58 am
Jim Cramer is an idiot. Do not listen to him or his show.