Reading Time: < 1 minute OK, I will take a break from the stock lesson today. I am going to talk about the TV media here. I bet president Bush doesn’t like what he sees on TV these days, not just daily casualties in Iraq and Afganistan, and the conspiracy theory of lower gas price. Being a president, the president can not be a winner on this gasoline

Reading Time: 3 minutes I started this “stock lesson” series because I want to write down some of the mistakes I made on the stock market in the past few years. I hope I can avoid making the same mistakes in the future; I also hope others can learn from my mistakes.   OK, back to the subject. I have talked about

Reading Time: 2 minutes Set a realistic goal, e.g., 20% return in one year. Don’t get too carried away from other people’s success and try to emualte it without learning its risk. I have some hefty goals in the past two years. To be more exact, although I don’t have a number (for percentage gain), I know I have some wild expectations from time to

Reading Time: < 1 minute Bring the green backs and exchange it at Bank of China or other banks is the common way. They do require the passport though. And sometimes the wait time could be long (I found out Friday is usually bad). But it is not very safe if you have large amount of cash. So I tried

Reading Time: < 1 minute That’s 3 years in a row. Quite impressive, isn’t it? Interestingly, it seems they are not the favorites (for world series) among commentators. Some even said they are a two men team (Carpenter, Pujos). Let’s see how they do. The series with San Diego Padres starts on Tuesday Oct 3rd. I tried to put a

Reading Time: < 1 minute Went to Creve Coeur Lake Park today. This is my roller blading (skating) place. The trees are changing colors these days and the view is very beautiful. Sometimes we travel long ways to famous places like Yosemite (in California), but in my mind we can enjoy similar things (in smaller scales) near our home: Creve Coeur

Reading Time: 2 minutes Follow the crowd; follow the stock picker or gurus such as Jim Crammer without doing own research; follow the friends. Following the crowd is dangerous because statistically majority of small investors lose money in the stock market (I know I am since got into market in late 2003). I think one reason for doing this is the “herd”

Reading Time: < 1 minute I heard it first from Bill Bishop’s blog. Home Inns (如家), China’s leading budget hotel chain, filed for an IPO about a month ago and is expecting to hit the NASDAQ sometime in September, assuming market conditions hold. A few day ago I got more info From Pacific Epoch Shanghai based hotel chain Home Inn

Reading Time: 2 minutes Grass is always greener on the other side. I first heard this from a coworker and I found it describes human nature very well. Remember when we were kids, some of us felt the meals at our neighbours or relatives’ home taste better the our own home? I made this mistake when I first started trading into stock markets a few years ago. It

Reading Time: < 1 minute I understand search is very important functions for blog. There are three ways to search this blog; they are all at the right Side Bar. 1) WordPress Search: available at side bar (top right),  a “word search” on all the posts, matched results will be shown on one page. 2) Google search: available at side bar, footer, and each post,