June 8, 2013
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Trading Upda–**** We Interrupt This Post for A Breaking News Announcement ****
Ever since Xanga announced that they may be shutting down July 15th, that has taken center stage in my blogging focus and attention. They so “kindly” let everyone know that if they don’t make their pledge drive goals in six weeks, the site will be closing. Furthermore, if they manage to make the pledge amount, they will relaunch with a new “pay only” business model.
Current information states that anyone not buying a “new version membership” in the form of a minimum $48 pledge and/or not currently having premium level status will lose all their past blogs and will have to manually re-upload them if they wish to continue (once they’ve paid the $48/yr new dues of course).
In any case, since I don’t feel compelled to pay to blog when there are so many free options, especially when the request comes in the form of a “threat” (pay us or else we will close and take your blogs with us!!), I don’t see myself continuing on this site.
Frankly, I don’t see how they would expect a “pay us now for a new version you haven’t seen or tried yet” plan to go over well, but enough of that here, that will be the topic of another blog.
Current tasks now include looking for a new blogging site. I haven’t made up my mind yet, but WordPress is one of the front runners- will update once I decide.
In the remaining time before the “do or die” date of July 15, I’ve decided to make some big changes of my own. The most prevalent questions I’ve gotten since starting this blog was:
1) “Why don’t you blog about other things besides business/trading??”
2) “How come your blogs are not more personal?”
I’ve blogged about other more personal topics occasionally, but the focus has always been on trying to master trading/investing. It was my primary reason to start a blog. The last couple of years has seen my focus ramped up even more so even a greater percentage of my blogs have been on trading.
The reason for the focus was/is I desire to be able to trade for a living because like most of us, corporate office life doesn’t thrill me.
I thought having a blog to write about my success/failures would help with my progress.
Going forward, with the Xanga clock ticking down, I’ve decided to change things up and open my blogging to PRIMARILY OTHER SUBJECTS.
That’s right, my blogs may not be as dry/boring as usual, haha.
There have been blogs I’ve always been meaning to write if I had the time, and with time running short, this is the perfect opportunity to do it.
There are still one or two trading tropics I want to address, plus a few rage/rants against Wall Street arrogance/corruption - but expect to see less of that and more of other things you wouldn’t expect from “Mr. Business”.
Comments (9)
You can always blog both topics
i enjoy the business side – enough drama xanga out there.
WordPress!
Hey I got your message but for whatever reason I can’t access my inbox on my phone app? Idk whatever.. Anyway wanted to say yes you can connect with my tumblr which is also my name… Ellicepark.tumblr.com! See ya on the other side
I am a young corporate professional with a BBA in Finance (I currently work in commercial real estate appraisal) and I really appreciate your trading posts. As my favorite Finance professor always said, “The best time to start investing is today” and I’ve always meant to start sooner rather than later. I’m nearly 25 and I have yet to bite that bullet. I don’t want to pay someone to manage my funds for me, and I want to have the decision-making power. I don’t feel like I know quite enough to be “good” but I suppose everyone needs to start somewhere. I definitely want to know where you move your blog in the future and hope you’d continue posting trading updates. I don’t think I could trade like you do, nor do I really want to. Still, I have learned from your insights and realizations. Basically, I just wanted to say thanks for doing what you do and I hope to be able to keep following your blog posts in the future.
@suuperstar - Yeah but for the time remaining, I’ll put the focus on non business. =)
@BumbleBoTuna - No drama, just some topics covering other areas in the spectrum of life.
@J_e_dOubLE_S - One of my considerations for sure.
@ellicepark - Thanks! Hey, you need to turn comments on. =)
@MarksBeneathTheSkin - Thank you as always for your kind words. =) I think your best way to start is to invest in an index fund that tracks the market. Most fund managers have a hard time just keeping up with market performance, let alone beating it.:) Since the market has become pretty squirrely these days, be sure to balance things out between stocks and bonds – they have index funds for those too. Don’t worry about not having a lot available to invest – even if it’s just a small amount, it will add up over time. =)
Thanks for being an interested reader. =) I’ll post my new site once I made my final selection.
@SoullFire - Hey, that’s what I did! Your investment posts must be passively seeping through to me. ;)
@J_e_dOubLE_S - What’s that…invest in an index fund? If so, good job!