Dec 102012

I was recently invited to help host a big giveaway along with some prominent bloggers in the personal finance space. So in line with the holiday spirit I am happy to announce that we are giving away an Apple iPad 3 32GB wi-fi. The winner may choose the color :0) Details for the iPad 3 giveaway below.

ipad 3 giveaway

Here are the Terms and Conditions

This contest is open to everyone worldwide, although shipping is only available where delivers.  Free shipping is available within US & Canada up to $50.  Winner is responsible for any applicable taxes or duties. Winner is welcome to choose a different iPad model, but overall prize value will not exceed $700 including shipping.  No cash will be included with the prize. If the winner’s color of choice is not available a different color will be selected.

To enter via facebook, you are required to ‘like’ every single co-host on the list.  You can also enter via twitter, RSS feed or Google+ with the other listed options.  Plus you are able to enter daily by tweeting the contest post. The contest runs from December 10th to 28th 2012.  The winner will be contacted via e-mail.  You must respond within 48 hours to claim your prize or a new winner will be chosen.


*This giveaway has ended*


Oct 182012

It’s not everyday we see a 10% intra-day drop in Google’s stock price but that’s what happened today when they missed analysts’ expectations. To make things worse there was a small hiccup during the earnings report process when a third party company accidentally released their profits early without permission, which caused all kinds of problems (゜o゜)  Some investors are beginning to think that the company’s advertising business, which is by far how Google makes most of its money, will not continue to do so well in the future. Sentiment was so bad today that Google contacted the NASDAQ exchange and said “Stop this madness and halt all trading activity for GOOG!” (I paraphrase of course) Their stocks were literally out of commission for most of the afternoon today, which means nobody could buy or sell their shares.

 After the initial shock has worn off the stock  started to trade again in the afternoon. Is this a good time to pick up some Google shares, or wait awhile and see if it drops even more?  I am tempted to buy some GOOG now. But I will be patient and do some research into their financials first. From an earnings perspective they are still more expensive than Apple stocks despite their $60 per share drop today.




Sep 212012

Forbes recently published their list once again of the richest people in the US. On top of the list this year is Gates with $66B, followed by Buffett with 46B. This is very inspirational to me. I like reading about their stories and how they got to where they are. I don’t expect to be on the list, but it motivates me to at least do my best with what I’m given. The combined wealth of these people totals $1.7 trillion, up from $1.5 trillion last year. It makes me wonder how they can continue to get richer yet at the same time still give away billions of dollar every year to charities.  But it’s not always good news for the rich. Mark Zuckerberg, the young founder and CEO of the Facebook saw his wealth slashed in half after the Facebook IPO. I can’t imagine how I’d feel if half of my hard earned money were to just disappear, ouch! With a net worth of only around $9 billion dollars now, his ranking in the Forbes list dropped from 14th place to 36th. How will he ever get by now? 😛


Interesting PF posts and other interesting articles from around the web


Fellow Vancouvorite Modest Money explains the important of connecting with your readership

CF from the Outlier Model explains how it is never too late to start something new in life and follow your interests.

Young and Thrifty reviews a local restaurant.

The Passive Income Earner shares his latest dividends progress. One day I wish to catch up to him with my own dividend income.