InvestorGeeks

Become an InvestorGeek on June 16th

by Chris

Attention! Attention! I’m pleased to announce our first call for applications to become an InvestorGeek! Starting June 16th at 12:00am (that’s the morning of next Friday) we will be accepting applications for 24 hours to fill 10 new InvestorGeek spots. It’s easy to apply, and we’re looking for anyone who wants to be part of building the Internet’s premiere investing blog!

Reading: Day Traders

by Jason

We here at InvestorGeeks lean towards the side of “fundamental” “investing”, but as I’ve been reading up on technical analysis for my upcoming articles I’ve run into some interesting reading.

When we invest in a market, we want to know the players. We spend a lot of time trying to figure out what the institutional investors are doing because they control the largest chunk of fluid money in the market. Day traders work in the market as well. So even if we don’t want to join them, we should at least try to understand them. What can we learn from them?

StockTickr.com is quickly becoming a community for stock traders. They have a pretty good blog too, with occasional interviews with traders using their site. Here is their interview with Ugly from UglyChart.com.

Another good read is from Trader Mike, who posted an article yesterday on his tools of the trade.

Microsoft (MSFT) Stock Update

by Jason

Last week, we were watching Microsoft’s stock and hoping it could break through the resistance level at $24. If it did that, the stock was set for a nice break into the mid-to-high twenties. Instead, the stock dropped along with the general market and tech sectors. Closing price yesterday was around $22.50.

How Much Should You Spend on a Home?

by Chris

In my previous article, Misconception: Renting is for Suckers, I wrote that there comes a point when it makes more sense to rent an apartment than buy a home. For myself, I have a rule of thumb that for every $1 dollars I spend in rent a month I can afford to buy up to $125 in property. Right now I pay $1000 in rent, so using my rule I shouldn’t spend more than $125,000 on a home. This created a surprising amount of controversy; some exclaiming me a heretic, and some accusing me of house-hating. For those of you who wanted to know where that number came from, wait no longer — and I’ve put together a calculator for you to figure out how much you should spend on a home.

Will the Boomers take the Boom with them?

by Frank

For a number of years now there has been a cloud over Social Security, brought on by the fact that as the Baby Boomers retire the number of individuals drawing on social security will be greater than the number of individuals paying in. This has been used as a justification and impetus for changes to the Social Security system. But what else will be effected by the retirement of the Boomers?