Friday, February 20, 2009

Day In the Life of My Retirement at age 40 Years Old

Dreaming I guess but looking around my workplace this isn't what I want for the next 25 years or more. When I retire at age 40 this is a day in life of me.

Wake Up at 5:30 am to 6:00 am go to the gym and workout. Come back around 8pm and read a newspaper or two. Watch some T.V and trade some stocks or commodities. Go out and check up on any of my investments (businesses, real estate). Look for new deals in and around my city. Return home for dinner then relax and reading up on how to make more money from investments.

Thursday, February 19, 2009

Rick Santelli Rant

Mark-to-marke

Mark-to-market is an accounting methodology of assigning a value to a position held in a financial instrument based on the current market price for the instrument or similar instruments. For example, the final value of a futures contract that expires in 9 months will not be known until it expires. If it is marked to market, for accounting purposes it is assigned the value that it would currently fetch in the open market.