Sunday, October 26, 2008

I don't work hard for my money

This is the week I get some of that internet money. Yes my friends, by the end of this week I should be holding a check from The Google for 102.06 dollars. When I got AdSense almost a year ago my goal was to have enough money in a year to buy a forty of Colt45. I underestimated my earning potential (you guys) by about 330%. The question is what should I do with my new found wealth. Since I really don't feel I have done anything to earn this money, I figure that I should spend it on something cool. I am open to idea's, but I have a few in mind.

Blogging party
This could be one of two things; a party for myself and fellow blog readers paid for by my blogging earnings, or it could be just a party that I liveblog during. Either way it would be a celebration of my blogging prowess, in which everyone would be required to read some of my posts aloud and discuss my pure blogging genius. But I really want to make use this money for more than a keg of Keystone Light.

Low risk long term retirement savings account
Um, yeah you know in like a long time this money will be worth more and then I can like, do things with the money I got from when I blogged during college. This sounds lame.

Fight Ann Arbor's unfair chicken ordinance
I don't know how much money it takes to fight city hall. Especially when my lawyer fee's are covered in my tuition. If I have any money left over though I can use it to file a permit, build, and care for Elwood Blues.

Rent a midget
I wonder how long you can get a midget for $102.

Put it into the AR-15 fund
I still haven't bought my assault rifle, mostly because they cost more monies than the intertubes provides. This could start the fund. The other reason I haven't bought one is that if I move to Chicago next year, I would have to get rid of it because of their Assault Weapons Ban.

Give it to charity
ha.

Build the zipline
I have always wanted to make a zipline from the third story of our house up the street to Bell's pizza. That way I wouldn't have to walk all the way downstairs to go to Bell's.

Become a day trader
I could get an E-Trade account, and become a day trader. Then I could get enough money to do everything listed above. Except give it to charity of course. I really don't know much about the stock market or investing, but I do have a Stocks application on my iPhone. If I make money then wooo! or else I can enjoy the financial crises like all other Americans.

3 comments:

Brian Rumao said...

The first choice is best. Here's a story (fact) that explains why:

On July 26, 2000, Jim and John each got a $1000 bonus from their employer. Jim put the whole $1000 in his employer's stock. With the transaction cost of $35, he was able to buy 7 shares of Nortel at $123 each. John used his $1000 to buy 66 cases of beer (1584 bottles of beer). At 15 bottles a week he would have beer for a year.

In the summer of 2001, both Jim and John were laid off. Jim sold his 7 Nortel shares at $12 each and after the $35 transaction fee was left with $49. John finished the last beer and cashed in his empties for $158.40.


Moral: Throw us a party at BOX! Oh and don't day-trade, especially on E*Trade. The commission fees will eat up $10 on every trade, so you'd need a return greater than 11% ($90 of stock, need to get to $100 for breakeven) to make any money at all. An 11% return in this market is about as probable as McCain winning Michigan.

Let me know when the fiesta is.

Evan said...

Concur on fiesta, particularly for booze above the basics, I dunno why, but I'm feeling Oktoberfest. Also, if you could somehow import (is that the right word for crossing state lines, i feel like it isn't) some Yuengling, that would be great as well.

Dave said...

How much of your target demographic is basically this year's senior class or older? $100 can buy us a lot of alcohol.