- I miss electricity. #
- @prosperousfool Do you still need a dropbox referral? in reply to prosperousfool #
- @prosperousfool Dropbox: https://www.dropbox.com/referrals/NTE1Mjk2OTU5 in reply to prosperousfool #
- Don't let anyone tell you otherwise: Electricity is the bee's knees, the wasp's nipples and lots of other insect erogenous zones. #
- @prosperousfool Throw in a Truecrypt partition and the PortableApps launcher and it gets really neat. in reply to prosperousfool #
- @prosperousfool Universal accessibility. I put an encrypted partition on it so any receipts or credit card info or login info would be safe in reply to prosperousfool #
- RT @untemplater: RT @jenny_blake: Deep thought of the day: "How people treat you is their karma; how you react is yours." -Wayne Dyer #quote #
- @FARNOOSH So what's happening to the one good show on SOAPNet? in reply to FARNOOSH #
- RT @flexo: RT @mainstr: 1 million Americans have been swindled in an elaborate credit card scam and they may not know http://bit.ly/cr8DNK #
Investments are a Gamble
- Image via Wikipedia
Or a scam.
If you’ve been reading Live Real, Now for long, you’ll know I hate scammers. I particularly loathe scammers who prey on the hopes of the naive. There is a special corner of hell reserved for those who live to steal the futures of the innocent.
For many people, especially day-traders, it is absolutely true that stocks are the same as gambling. For too many other people, investments are an opening for con-men to ply their trade.
People invest their money to secure their futures. They put their life saving into some investment vehicle and, hopefully, it grows to bring financial security. Properly done, it’s not a gamble.
In the worst case, you get investment advice from a slimy, scum-sucking 3-card-monte dealer. These blood-suckers–at best–don’t care about your future. They only care about their commissions. Others will do anything possible to run away with your nest egg.
So how do you avoid the karmicly-destined-to-be-cockroach fraudsters?
First, never invest more then you can afford to lose. Gambling rules apply. If you can’t afford to lose it, you need to keep your money someplace absolutely secure. Your mattress, buried mayonnaise jars, or a simple savings account come to mind.
Do your research. Is the person selling the investment licensed to do so? What is the historic return? Can you independently verify that? If you run across anything that looks too good to be true, it probably is. Run away.
Don’t fall for a time crunch. If something is a good investment today, it will still be a good investment tomorrow. Take you time, do the research, get the details in writing, and get a second opinion. If you are supposed to keep the investment a secret, it’s either a scam or a crime. Always cover your own butt.
Be safe. Keep your money.
For more information, see the SEC, the FTC, the CFTC and FINRA.
Crack
I guess I’ve been feeling pretty domestic lately. This is the second food post in two weeks. I wonder what that means? It probably means I’m hungry.
If I’m bringing a dessert to a potluck, or I need a dessert for a party, I bring crack. I’m absolutely sure that wasn’t the name on the recipe when I found it, but it’s been renamed by everyone who has ever tried it. I’m sorry, Mr. Potato-Chip-Man, but I can eat just one of those. This stuff needs to be restricted by the government. It’s an addictive, sell-your-first-born-for-another-hit bit of salty-sweet yum. I’m gonna make you fat.
Ingredients
1 cup of salted butter – $2
1 cup of brown sugar – $1
2 packs of saltines (That’s half of a box) – $2
2 bags of chocolate chips – $4
2 handfuls of toffee chips (broken Heath bars) – $1
Preheat oven to 350 degrees.
Cover two cookie sheets in foil. Spread crackers over each sheet in a single layer.
Mix the butter and sugar in a saucepan. Stir over medium heat until it starts looking like caramel, then stir for another minute or two. You still want it kind of runny, so don’t let it get thick.
Spoon the caramel over the crackers. Get some on each cracker. Try to get it even, but don’t worry about it too much. Sloppy is good. Remember, half the caramel for each cookie sheet.
Put the cookie sheets full of crackers and caramel in the oven for 10-15 minutes. The caramel will spread out and flow through and around the crackers. You’ll know it’s done when the caramel starts bubbling evenly.
Pour one bag of chocolate chips over each pan. Try to spread it out evenly, but–again–don’t sweat it.
Go away for 10 minutes.
When you come back, the chocolate will be all melty-good. Spread it evenly with a rubber spatula.
Sprinkle some toffee chips over the chocolate, then put the pans in the freezer to cool and set. It will take at least a couple of hours.
When you pull the pans out, peel off the foil then break it up into snack-sized pieces. Don’t break it up first, or you’ll spend the evening moaning over the candy and crying over the foil hitting your fillings.
Depending on how long you cooked the caramel, it will get soft when it approaches room temperature. I always store it in the refrigerator to avoid that.
When you bring this to a party, always pack it two containers. When the first one is empty, you can auction off the second. You should be able to turn the $10 you spent on ingredients into at least $50 of guilt-ridden goodness.
Buying a Fixer Upper House
Have you ever thought about buying a fixer upper house? In recent years there have been some great options for people looking to purchase property for the sole purpose of renovating and flipping real estate. There are some great locations with pretty nice houses that have either been damaged or neglected and are now for sale. These circumstances make it difficult for someone to purchase and remodel the house without spending a lot of money. In recent years there have been a couple of options for people who want to buy run down houses to flip. Mortgage companies have come out with different mortgage options for anyone who is looking to invest in real estate. There are loans tailored to meet whatever goal you have when purchasing a house that even allocate funds for renovation. The two that we will discuss in this post are Home Path and FHA 203 (k) renovation loans.
HomePath Loan:
The HomePath loan program was created by Fannie Mae and is meant to offer foreclosed homes to anyone who qualifies to purchase them. This type of loan is great because not only do you qualify for a loan to buy the house but also receive enough for renovations and remodeling. This pushes buyers to purchase homes that have been foreclosed and thus contributing to the real estate market and the economy as a whole. It’s also great for the buyer because it give them incentive to purchase a space that they might not go for right off the bat. Everybody wins.
FHA 203 (k) Renovation Loans:
203K loans allocate funds for the initial purchase of the house along with funds for the renovations. Companies offer low down payments and flexible underwriting guidelines. Almost any kind of residential property qualifies making it really easy to get approved. Many people don’t know that this kind of loan exists but it is definitely something that is not only beneficial to those taking out the loan but also to those looking to get rid of a place that won’t sell on its own because it isn’t visually or aesthetically appealing.
If you are on the market looking for a home, consider taking out a HomePath or 203k loan designed for houses that might need some fine tuning to look their best. It is a great option for anyone looking to flip property and for anyone who wants to purchase a space that might not be appealing upon first glance. Fixing up a place will not only increase the value of your new home but also probably cost a lot less than if you were to purchase a newly remodeled space for market value.
Whose Line Is It Anyway? Why do some shows return from the dead?
Watching TV in the summer used to mean surfing channels of reruns, but lately there seems to be a slew of “new” shows that are repeating old ones. Networks and cable channels are bringing back previously popular shows such as “Whose Line is it Anyway?”, “Hawaii Five-O”, and “Dynasty”. While some people are thrilled that their favorite shows are back, a lot more of us are wondering why we need to keep rehashing the past.
The answer isn’t that the networks have suddenly become nostalgic. With increasing competition from internet videos and more cable channels, many TV networks have seen their profit from advertising drop in the past several years. More worrisome for the networks, many economists are predicting that the model of having companies pay for advertising during show breaks will become obsolete over the next decade.
These factors mean that TV stations are not very willing to take risks with new shows. A new drama or science fiction show can take millions of dollars to produce, and in some cases it will be pulled within a few episodes if it fails to catch on. When reviving an old show, a network has some guarantee that it will be popular. While not every remake catches on (Charlie’s Angels anyone?), a remake will usually attract enough interest to make the first episode a success.
The costs to produce these shows are also much lower than “new” shows. In many cases, networks already own the property rights to the show as well as contracts with many of the former actors, directors, and producers. In several cases, they also have access to props, costumes, and set pieces. Because of this, they can produce a pilot for a much lower costs than a “new” show.
Finally, advertisers like the idea of bringing back a show. While a network usually has to struggle to find sponsors for shows that don’t have a full season of Nielsen data to show, they can easily sell a show that advertisers are already familiar with. Furthermore, advertisers like that they know what to expect. Without seeing a single episode, an advertiser can accurately guess at the demographic that will be attracted to the show just by looking at the data from the original show. Because advertisers are familiar with the plot of these shows, they are also more willing to negotiate for product placement within the show itself. In some cases, advertisers have even suggested how their product could be incorporated into an episode before the first script is even finalized.
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Twitter Weekly Updates for 2010-04-03
- Screw April Fool's Day. I'm about ready to clear my entire feed queue. #
- I definitely need a reason to get up at 5 or I go back to sleep. #
- Bank tried to upsell me on my accounts today…through the drivethru. #
- Motorcycle battery died this morning. Surprise 4 mile hike. #
- RT @ramseyshow 'The rich get richer &the poor get poorer' is true! Rich keep doing what rich people do & poor keep doing what poor people do #
- RT @ramit: "How do you know if someone is a programmer?" I cannot stop laughing imagining half my programmer friends – http://bit.ly/9MOipi #
