Whatever Wednesday: Stock Market Gambling and Cheese Grilled

By |November 23rd, 2011|Categories: Blog, Life|Tags: , , |

In case you missed it last week, I've decided that until further notice, Wednesday is going to be Whatever Wednesday on Thousandaire. I'll ask for topics on my twitter and facebook on Tuesday nights and will write about what you want to read. If you want to tell me what to do, make sure to follow me and give me

Short Term Loss or Try for Long Term Gain?

By |April 18th, 2011|Categories: Blog, Personal Finance Tips|Tags: , , , , , |

You may have noticed a theme among our weekly stock picks, and that is that we do a lot of dollar cost averaging. You might think, "You're just being lazy and don't feel like picking a new stock, so you're just redoing an old one." Well, I've definitely been accused of being lazy before, but that's not the case here.

Stock Pick: You Have Options

By |February 28th, 2011|Categories: Blog, Personal Finance Tips|Tags: , , |

Nearly every day I see the online advertisements for options trading. These ads focus on the outrageous returns that can be achieved via options, which can easily be over 1000%. However, as with any investment, the greater the reward, the greater the risk. In fact, I would compare most options not to other investments, but to different table games played at

I Turned $885 into $1,693 in Four Months

By |February 17th, 2011|Categories: Blog, Personal Finance Tips|Tags: , , |

I turned $885.60 into $1,693.47 in four months. That's a profit of $807.87, or 91.22%. The best part is, I still have more unrealized gains that are waiting to be sold at the right time. How did I do it? I traded call options. If you are unfamiliar with options, it is a pretty simple concept once you understand it,