1. We have a new author! His name is Alex, and he’s already published a great article on alternative energy that is getting some attention in the comments. View the great discussion over there.
2. People are signing up for the mailing list. Good. I still have no idea what we’ll do with it. In the meantime, you can win a chance to get some free books and know that we won’t be giving away your email address or selling it to spammers, etc. Please sign up. I want to keep …

Just a quick note to say I think the market has had its major top.

I am going to wait for a pullback tomorrow (Wednesday 25th July) and have an open order to go short SDS at $51. Hopefully this will get filled in the next day or two.

Some good stuff from an interview with Jim Cramer here on YouTube.
I think we have a few months left on our TheStreet.com subscription. I might check out their TV offerings a bit more. I hear that WallStrip is over there now too.

What is a cap rate? A cap rate (or capitalization rate) is the net operating income divided by the price of a property. If you have a $100,000 property and its net operating income is $10,000 the cap rate for this property is 10%.

What does this mean to you? How have cap rates affected the current real estate boom?

Real estate investors have become a cliché during the past 3-4 years. It seems like everyone you talk to is a real estate investor or knows someone who is. What makes real estate investing so popular? In the past few years you could do no wrong with real estate. With profits in the five and six figure ranges, one profitable real estate deal would exceed most people’s yearly pay.

I learned a lot reading the applications our new InvestorGeek hopefuls have been sending in. For example…

I’ve thrown together a few tools you guys can use to keep tabs on us. Subscribing to the InvestorGeeks feed is the first way, but we also do a lot of writing outside of the site.
At Rollyo.com, you can use our custom-configured InvestorGeeks_Authors search engine which will search through a list of all the investing and personal finance blogs our authors maintain. This is a great way to get the InvestorGeeks take on MSFT or find articles by InvestorGeeks authors on 401ks.
The next tool comes courtesy of FeedJumbler.com. Once again …

From time to time I find things on the web that pique my interest. And from time to time I’ll share those items with you. So here goes.
NPR has some Financial Advice for Twenty-Somethings.
The Baltimore Sun has an article describing what those with interest-only loans set to reset in the coming year (up to half a trillion dollars worth) can expect.
Wired is running an article examining what’s been going wrong at Sony.
CNNMoney has some advice on some investment choices you may want to avoid and what to be wary of …

Sherman, set the wayback machine to the winter of 1999! This was a time when everyone thought they were a financial genius. You couldn’t loose, or so we thought. I was a conservative investor even in those days but a co-worker was talking about a great investment tip he heard from a friend who had heard it from their doctor. That in it self should have been a sign.

If you’re anything like me then you think that once you click on the appropriate button, or get off the phone with your stock broker, your order speeds off to be filled at whatever price the stock is currently trading at. How wrong I was.