NevBlog

Neville's Digital Surrogate Brain

Archives for 2005

4-31-2005 Goal Uncertainty

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My 2-28-2005 goal of making $3,500 was made in order to meet my 4-30-2005 goal of making $11,000. Unless I come up with two grand in the next 6 days, it looks like I won’t meet it.

I’ve said it before, and I’ll say it again: I need more income! I realize I have school which keeps me extremely busy, but I need to form another steady stream of income that is very low maintenance like my current online business. It brings in between $500 and $1,000 per month with less than 20 minutes of maintenance per day.

Resumite.com is my other potential income stream, but takes a large time investment. Even with all the craziness of school I must still dedicate some more time to opening side businesses like in the past to meet my $11,000 goal!

Lots of money yet low maintenance…seems too perfect, but it’s possible. I need to keep thinking!

Weekend Update

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’twas a crazy weekend with lots of friends, food and fun….but highly unproductive!

Next week from beginning till the end will be extremely hectic and busy, the way I like it. Dynegy and Syntel report quarterly earnings this coming week which should shake up the portfolio, and a sleu of school assignments will help keep me busy in the meantime.

I made an Ebay sale which netted $100. This money will go 20% to spending account, 40% to investment account and 40% to permanent savings. My permanent savings account is getting ready to hit the $6,000 mark, and I am worried I might try to touch it. I don’t trust myself with that cash laying around, especially since I am graduating soon and will be in need of lots of it! Because of this I need to quickly open an IRA account. Recommendations?

My next published article will be on savings for college students. A common problem many college students face is spending their savings, or worse, not saving at all. I will be researching all sorts of different savings accounts for this article. It will be a challenge to make IRA’s interesting and understandable, but I think I can pull it off!

Stock Joke

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How do you make a million dollars in the stock market?
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Start with two million!!

Original Starbucks Post

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I moved this post to make way for my Starbucks Liquor Recipes Post.
Today was a pretty busy bussiness-day. I started out my morning with my daily stock research, followed by 3 hours of school. Immediately after class I jetted over to Morgan Stanley to meet with the head of the Austin branch. He graciously gave me a tour of the office and what they did there, and we talked stocks for quite some time.

I then spent some time with a friend talking about his business venture with 42-Below vodka. I then did a presentation for the University Investors Association about how to get started in stocks, and some of my personal picks which included: GE, PDCO, NWSB and FO.

Some interesting news concerning one of my stock holdings, Fortune Brands (FO), is their new line of Starbucks Liquor. They were testing it regionally, including here in Texas where I first tried it. IT IS AMAZING. I think it will easily take over Khalua as the most popular coffee-liquor.

Starbucks liquor rolled out nationally today, with Fortune Brands holding a big stake. Starbucks developed the liquor with Forutne Brands, and the distributor Future Brands, LLC (A company owned by Fortune Brands) will be the primary distributor. If the rest of the country agrees on how good Starbucks Liquor is, I think FO’s next earnings statement will look nice and green!

Quick Recipe:

–2 oz. Starbucks Liquor
–2 oz. milk
–Shake with ice and pour. Delicious!
–Blend with ice for a Frappuchino

Starbucks Liquor and Updates

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Here are two of my favorite Starbucks Liquor Recipes:


Basic Starbucks Liquor Drink:
Ingredients: Starbucks Liquor and Milk.
Equipment: Shaker, shot glass, pouring glass.

–Step 1–
Get your supplies: Starbucks Liquor, milk, ice and a shaker. You will also need a shot glass and a pouring glass.

–Step 2–
Mix 1 part milk and 1 part Starbucks Liquor into a shaker. Add ice and shake.

–Step 3–
Slowly pour into glass.

–Step 4–
Enjoy!

Starbucks Liquor Frappuccino
Ingredients: Starbucks Liquor, Milk, Ice.
Equipment: Blender, shot glass, pouring glass.

–Step 1–
Put a handful of ice into the blender.

–Step 2–
Pour 2 parts Starbucks Liquor and 1 part milk in to the ice-filled blender.

–Step 3–
Blend until ice is broken up and blended.

–Step 4–
Pour into glass.

–Step 5–
Enjoy or decorate! You can add whipped cream, caramel or chocolate like Starbucks does. I chose to add some chocolate syrup in the shape of an “N”

Enjoy your drink!
-Nev

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New Article Published

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The portfolio was up $105 today for a total of $9,234, bolstered mainly by some action in Dynegy (DYN). Their quarterly earnings will be coming soon, hopefully the reaction will be positive this time around!

I had another article published today in the Daily Texan newspaper, this time on young entrepreneurs. The article focuses on two entrepeneurial students at UT, the organization Texas Entrepreneurs, an entrepreneurial band and the founded of Alamo Drafthouse.

Long Day

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I will have spent 15 hours on campus today (Class + editing + work) with nothing to eat (I somehow forgot my wallet), and it’s days like these that make me lose focus of creating new business ideas. I need to make sure and still devote a little time everyday to finding new sources of income.

Today was very busy, some noteworthy points of the day:

–I woke up very sick, but I don’t let sickness slow me down. I sometimes work harder just to prove to myself I can beat the sickness. If I completely ignore the fact that I am coughing, sneezing and feel terrible…I do just fine.

–I have another article in the Daily Texan being published tommorrow. The topic will be Austin Entrepreneurs. I interviewed various UT students and organizations, and the founder of Alamo Drafthouse for the article. Spent a good amount of time writing and editing it today.

–My stock portfolio is up, with some earnings reports rolling around next week which should spice things up. The value of the portfolio was $9,129 at the end of the day.

–I saw a Mercedes CL 55 AMG sitting in a parking lot by my last class of the day. I had to stop and stare in awe. I love cars.

–Found out Texas Entrepreneurs will be doing an “Alamo Apprentice.” TE will be splitting up into groups and actually running the Downtown Alamo Drafthouse. The owner of the entire chain, Tim League will be acting as The Donald and firing people as necessary! Part of the revenue we collect will be donated to our organization. As part of the Texas Entrepreneurs I am really looking forward to this!

Rise and Shine

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Although my earliest class is at 11:00am, I wake up every morning at 8:00am to watch the market opening at 8:30am. The previous night I highlight some stocks that will be reporting earnnings the next morning, then track their status when the market opens.

I do this because I am trying to get a feel for the market through different economies. By the time I am 30 I will have about 11 years of experience. From what I understand, you can have 50 years of experience and the market will still surprise you everyday. I guess that’s why it’s so fun!

Saturday Update

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Today was somewhat financially unproductive. I really need to increase my income to meet my goal of making $11,000 by 4-31-2004. So far my income has only been from my online business and working. I most likely won’t be claiming too much money in stock as I am mostly holding long-term positions (Unless Syntel (SYNT) surprises me!)

Next week I am visiting the Morgan Stanley office in Austin, and on Thursday the University Investors Assocation has Blue Sage Capital speaking to us. I will also be publishing another article in the Daily Texan about entrepreneuring very soon.

As for now, it’s time to go out and have some fun in Austin!