Two Simple Books For Passive Income

If you are interested in learning the basics of earning a passive income, there are two good books (one eBook and one paperback) that you should check out.

They are both short, inexpensive, and simple to read, but packed with information - no fluff.

The eBook is called The Rich Jerk, and is written in the persona of an extremely rich womanizer who is "passing along" his internet marketing wisdom. It is both educational and extremely funny. You will learn a solid foundation in the basics of starting up your own internet business.

The paperback book is my book "Stock Trading Riches", which is available from Amazon.com. This book teaches a simple, easy-to-implement stock trading system that can passively build your savings. The system only requires paper, pencil, calculator, and some simple mathematical calculations. It does not involve following the markets closely, and is suited for even a novice investor.

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Fwd: An Open Letter to the Personal Finance Blogging Community

I'm a member of a group of personal finance blogs, and it looks like they have decided to support Ron Paul.

It's really encouraging to see Ron Paul, who represents the ideals of a small and simple government, get so much support on the internet.

Dear Fellow Citizen,

 

As may you know, 2008 is an election year.  The presidential elections in American represent in great part windows of opportunity to change the course and direction of the nation, and as such they deserve your careful attention.       

 

After much thoughtful consideration, we have decided to endorse Ron Paul for President.  Paul is a ten term congressman running for president on the Republican ticket.  Paul is renowned on Capital Hill for his integrity. In fact he has been called the "One exception to the gang of 535" and the "Most honest man in politics" by former treasury Secretary Simon and current Senator John McCain.

 

For bloggers, Congressman Paul' represents the best choice among the current White House contenders.  Paul has consistently voted in favor of protecting the unregulated nature of the web and has never voted to tax internet commerce.  Like many of you, we think it's important that the web remain a free and open environment and recognize that a politician who supports these principles is deserving of our vote.

 

Not only does a Paul presidency offer the opportunity for protection of the internet, Paul has taken a firm stance regarding honest governance and fiscal prudence.   In his career as a congressman, Paul has taken the least amount of lobbying money and he has never voted to increase taxes or cast his congressional ballot for an unbalanced national budget.  

 

As persons interested in finance, you may also be concerned about taxation and your financial futures. Ron Paul advocates phasing out the IRS and reducing the size and scope of the federal government.   In addition, Paul has proposed allowing participating in the social security system to be optional.  And – like you we trust more on our own self reliance than in the wisdom of a sluggish and efficient federal bureaucracy.   

 

In 2008 the best choice may indeed come from within the finest traditions of America - integrity, fiscal produce and free choice.   With strongest conviction, we urge our fellow members of the blogging community to vote for Ron Paul in 2008.      

 

With Confidence,

 

 

James Carl Hendrickson, dinksfinance.com

Frugal, 1stmillionat33.com

 

Praveen's book and blogs:

Stock Trading Riches

Unix Simplicity

My Simple Trading System

Math and Logic Play

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Scripts for Compounding Interest

On my unix blog, I posted three scripts for calculating compound interest.

They are written in awk, which is included free on all unix and linux systems. Since Macs are unix-based, it should be included on them , as well. Versions of awk are also available for free download on PCs.

The three scripts are called "compound", "compound_add", and "compound_add2".

Here are some examples of how to use these scripts:

1. You open a money market account with $5,000 and earn 0.45% / month. How much is the account worth after 1 year? You would use "compound 5000 .45 12"

2. You open a money market account with $200, contribute $200 each month, and earn 0.45% / month. How much is the account worth after 1 year? You would use "compound_add 200 .45 12"

3. You have an existing money market account with $5,000. You now contribute $200 each month and earn 0.45% / month. How much is the account worth after 1 year? You would use "compound_add2 5000 200 .45 12"

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Online Higher Education Makes Sense

Today, online education no longer carries the stigma it did 5-10 years ago. I recently read the results of a poll that found that employers now consider an online degree to be on par with a traditional one.

Because of this recognition, and due to the nature of today's fast-paced workplace, online education is the fastest growing segment of the higher education market.

One of the pioneers in this field is capella university.

They started offering online higher education back in 1993, before traditional colleges and universities jumped on the bandwagon. Consequently, they have probably already experienced their growing pains, and ironed out most of the kinks in their system.

Even though they are completely online, Capella University is accredited by the Higher Learning Commission, and offers a full plate of programs: 104 different graduate and undergraduate specializations.

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My Book Now Available at Target.com

My book got picked up by Target and is now available on Target.com


Praveen's book and blogs:

Stock Trading Riches

Unix Simplicity

My Simple Trading System

Math and Logic Play

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Fwd: Vanisha Mittal Bhatia Tops Forbes List of the 20 Most Intriguing Billionaire Heiresses

Her father, Laxmi Mittal, is worth $51 billion, and he threw a $61 million wedding for her and "1,000 of her closest friends"...

http://finance.yahoo.com/personal-finance/article/103918/The-20-Most-Intriguing-Billionaire-Heiresses



Praveen's book and blogs:

Stock Trading Riches

Unix Simplicity

My Simple Trading System

Math and Logic Play

Praveen's book and blogs:

Stock Trading Riches

Unix Simplicity

My Simple Trading System

Math and Logic Play

Read More

My Book Almost Hit the Top 100,000 on Amazon.com's Sales Ranking!

The sales rank for my book, Stock Trading Riches, was around 799,000 yesterday, and jumped to 122,125 today.

I was reading some articles about interpreting the Amazon.com sales rank.

I got the idea that, roughly speaking, in the last 24 hours, only 122,124 books (out of the millions of different titles they stock) sold more copies than mine!

It's pretty exciting! ;-)

It seems like sales rank is a volatile ranking, which can fluctuate a lot.  It weighs recent sales more heavily than total sales, though total sales plays a part.

Amazon.com was looking for a system that could spotlight their strength - which is diversity of titles offered - rather than simply being a carbon copy of the New York Times best-seller list.




Praveen's book and blogs:

Stock Trading Riches

Unix Simplicity

My Simple Trading System

Math and Logic Play

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Fwd: Steam powered arm

This is very cool!

 

Slightly interesting link to a short article about a hydrogen peroxide powered prosthetic arm; i.e. Steam-driven.
  

http://medicaldesign.com/articles/default.aspx?ID=13997

 

Vaporize On;

Jeff

Praveen's book and blogs:

Stock Trading Riches

Unix Simplicity

My Simple Trading System

Math and Logic Play

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My Book is Published

Hi,

I just wanted to share with you the news that I published my first book.

It is on stock trading, and is called "Stock Trading Riches: The Simple, but Powerful Formula that Transforms Your Stock Picks into Money Pumps".

As many of you probably know, trading has been one of my passions for more than 10 years.  I'm also interested in simplicity, minimalism, and Eastern thinking (Zen, Taoism, Buddhism, and Hinduism).

I was able to develop a trading system that is both powerful and simple, and that reflects the principles of Eastern thought.

I've done very well with my system (double-digit returns for years).  That gave me the idea and the confidence to write a book.

My book is available from Amazon.com, and I created this website for it.

If you do a search on Amazon.com for "Praveen Puri", you'll get my book listing, along with Amrish Puri Bollywood movies ;-)

Praveen




Praveen's blogs:

Unix Simplicity

My Simple Trading System

Math and Logic Play

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Amazon.com's Black Friday "Customer Vote"

"Black Friday" (the Friday after Thanksgiving) is now a big event for on-line stores too.

This year, even Amazon.com will be promoting deals.

They set up a Black Friday web page, and they plan to promote hourly deals, and put thousands of items on sale.

They are also doing an interesting "customer vote" feature.

They have 18 potential product deals.  For 6 days, people can vote for the deal they want, and one deal will win each day.

Thus, 6 of the possible 18 deals will happen. 

After a deal is selected, they will randomly choose some of the voters, and allow them to purchase the item.

Here are some of the deals they are offering:

• 1,000 Nintendo Wii Game Systems (see prices on Customers Vote page)
• 500 Panasonic 7.5MP Digital SLR Cameras, $499 (*normally $1,149.95)
• 1,000 Razor E100 Electric Scooters for $29 (*normally $89.99)
• 500 TiVo HD Digital Video Recorders, $89 (*normally $253.48)
• 500 Magellan Maestro 3140 Portable Auto GPS Systems, $99 (*normally $247.00)
• 200 Samsung 46" 1080p LCD HDTVs, $719 (*normally $1,899.98)

Praveen's blogs:

Unix Simplicity

My Simple Trading System

Math and Logic Play

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"Tool"-puter

A PC housed in a Craftsman Toolbox:

http://www.tormenta.com/jahnke/toolbox/


Praveen's blogs:

Unix Simplicity

My Simple Trading System

Math and Logic Play

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CREDIT CARD SCAM- THIS IS WELL THOUGHT OUT

Never give out the three digit security code on the back of your card.

PLEASE READ - Credit card scam
[Wincentsen, Jeff] skip to the end (wordy) 

Verified on snopes: http://www.snopes.com/crime/warnings/creditcard.asp

 

Subject : Credit Card Scam!!

The Holiday Season is just a little bit down the road and the bad guys
are already trying to get free stuff by using your credit. I just received
this so thought I'd forewarn you and forward it on. This one is pretty slick
since they provide YOU with all the information, except the one piece they want. Note, the callers do not ask for your card number; they already have it.

The scam works like this : Person calling says, "This is (name), and I'm
calling from the Security and Fraud Department at VISA. My badge number
is 12460. Your card has been flagged for an unusual purchase pattern, and
I'm calling to verify. This would be on your VISA card which was issued by (
name of bank). Did you purchase an Anti-Telemarketing Device for $497.99
from a Marketing company based in Arizona ?" When you say "No", the
caller continues with, "Then we will be issuing a credit to your account. This
is a company we have been watching and the charges range from $297 to $497,
just under the $500 purchase pattern that flags most cards. Before your
next statement, the credit will be sent to (gives you your address), is
that correct?"

You say "yes". The caller continues - "I will be starting a Fraud
investigation. If you have any questions, you should call the 1- 800
number listed on the back of your card (1-800-VISA) and ask for Security. You
will need to refer to this Control Number. The caller then gives you a 6
digit number. "Do you need me to read it again?

Here's the IMPORTANT part on how the scam works. The caller then says,
"I need to verify you are in possession of your card." He'll ask you to
"turn your card over and look for some numbers." There are 7 numbers; the
first 4 are part of your card number, the next 3 are the security Numbers' that
verify you are the possessor of the card. These are the numbers you
sometimes use to make Internet purchases to prove you have the card. The
caller will ask you to read the 3 numbers to him. After you tell the
caller the 3 numbers, he'll say, "That is correct, I just needed to verify that
the card has not been lost or stolen, and that you still have you card.
Do you have any other questions?" After you say, "No," the caller then
thanks you and states, "Don't hesitate to call back if you do", and hangs up.

 

You actually say very little, and they never ask for or tell you the
Card number. But after we were called on Wednesday, we called back within 20
minutes to ask a question. Are we glad we did! The REAL VISA security
Department told us it was a scam and in the last 15 minutes a new
purchase of $497.99 was charged to our card.

Long story short - we made a real fraud report and closed the VISA
account.

VISA is reissuing us a new number. What the scammers want is the 3-digit
PIN number on the back of the card. Don't give it to them. Instead, tell
them you'll call VISA or Master card directly for verification of their
conversation. The real VISA told us that they will never ask for
anything on the card as they already know the information since they issued the
card! If you give the scammers your 3 Digit PIN Number, you think you're
receiving a credit. However, by the time you get your statement you'll
see charges for purchases you didn't make, and by then it's almost too late
and/or more difficult to actually file a fraud report.

 

What makes this more remarkable is that on Thursday, I got a call from a
"Jason Richardson of Master Card" with a word-for-word repeat of the
VISA scam. This time I didn't let him finish. I hung up! We filed a police
report, as instructed by VISA. The police said they are taking several
of these reports daily! They also urged us to tell everybody we know that
this scam is happening.

Praveen's blogs:

Unix Simplicity

My Simple Trading System

Math and Logic Play

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Nano Tube Radio

This is amazing - researchers have made a full microscopic radio that is only the size of a single carbon nano tube (10,000 times thinner than a human hair).


Praveen's blogs:

Unix Simplicity

My Simple Trading System

Math and Logic Play

Read More