J.C.’s Money Blog

Documenting my journey from the corporate world to entrepreneur. And then getting really rich.

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Entries from April 2008

Ridiculous Internet Story: Million Dollar Homepage

April 27th, 2008 · No Comments

We all know the big stories about the Internet giants, Google, Amazon, Craigslist, Facebook, YouTube. One or two guys start a website that dominates Internet traffic and becomes worth a billion dollars or so.
But there are plenty of other fascinating stories out there of other Internet Entrepreneurs who didn’t make billions, but they made [...]

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Tags: entrepreneurship

Stock Trade - sold 40 shares of SPY

April 18th, 2008 · No Comments

Yesterday I sold 40 shares of SPY @ 135.27. I am considering putting in an offer on car that costs a bit more than $6,000, so I need the cash to cover that and ongoing expenses. I really hate the feeling of lower my equity positions, but I knew going to this road wouldn’t be [...]

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Tags: entrepreneurship · stock trade

Portfolio Update - March 08

April 7th, 2008 · No Comments

Compared to last month I am a bit more cash poor and own a bit more of the top 500 companies in America.

While this portfolio has only one ticker, it is pretty well diversified, and it also represents 7 different times I purchased over the last 3 years, and it has payed out dividends 13 [...]

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Tags: portfolio update

Revenue Update - March 08

April 1st, 2008 · 1 Comment

March was another bad month for revenue, which amounted to only $0.14 per day on my websites. This should pick up in April as I have just launched a new site, and I spent most of my efforts during March in teaching myself some web technologies, instead of building content.
Here is the summary of my [...]

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Tags: revenue update

Net Worth Update - March 08

April 1st, 2008 · No Comments

Here is my latest net worth update:

Account
Feb-08
Mar-08
Monthly Change
Monthly Change %

Accounts Receivable
$16.14
$92.46
$76.32
473%

Checking BoA
$746.77
$336.10
$-410.67
-55%

Checking VB
$0.00
$0.00
$0.00
N/A

Savings BoA
$308.25
$5,812.15
$5,503.90
1,786%

Savings ING
$5,685.35
$203.78
$-5,481.57
-96%

Brokerage Cash
$1,630.83
$23.63
$-1607.20
-99%

Brokerage Equities
$13,278.00
$14,804.27
$1,526.27
11%

401k
$32,764.65
$32,472.22
$-292.43
-1%

[...]

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Tags: net worth update