Archive for March, 2008

Oh No !!! 5 Tools to Track How Much Time I Waste Online

Ready to quantify how much time you waste/ online ? I hope that question didn’t offend you. Let me rephrase that. Are you ready to quantify your time on the computer ? Then read the following article: 5 Tools to Track How Much Time you Waste while Online

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Categories:  Calculators, Career, In the News, Must Read 10 Times Per Month, Saving Money, Uncategorized  -  4 Comments

The price of Gold briefly hits $1,030 an ounce

Oil and gold jump to new records The spot price for gold also briefly hit a record above $1,030 an ounce. Oil also hit $109.00. Some say oil will reach $200.00 in a few years. Are you planning to invest in commodities yet ? I’m still learning how…

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Categories:  401(k), 529, Investments, Miscellaneous, Retirement Planning, Saving Money, Uncategorized  -  6 Comments

50 Easy Tips to Lower Your Healthcare Expenses

You might enjoy 50 Easy Tips to Lower Your Healthcare Expenses. After all, your health is closely related to your wealth.

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Categories:  Budgeting, Career, Must Read 10 Times Per Month, Saving Money  -  No Comment

How do I invest in the Chinese Yuan ?

Apparently, if your thinking 10 to 20 years in advance the Chinese Yuan might be a good choice… Pay close attention to Craig Karmin’s response to this question/statement: “How worried should we be about the rise of the Euro, I mean the Dollar look weak agaist the Euro.”


Some replies on Yahoo Answers
“Just buy a mutual fund or ETF that invests in Chinese stocks. You will get the benefit of effectively holding the Yuan. D” . Response from Heavy D

I know an indirect way. Buy a mutual fund that invests in Chinese stocks or buy Chinese stocks or buy them both. A rise in the Yuan will translate into a rise in the comparative value of the stocks when translated into U S dollars. Actually, the Chinese stocks will most likely outperform the U S stocks during the next 5, 10 and 20 years so you will potentially receive a double benefit.
Here are a couple of Chinese stocks traded as ADRs: CHL and ACH
Here are a couple of closed end mutual funds currently selling at whopping discounts to net assets: CHN, TDF. Response from muncie birder

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Categories:  401(k), Insurance, Investments, Must Read 10 Times Per Month, Roth 401(k), Saving Money, Uncategorized  -  3 Comments