Archive for August, 2007

HSBC Online Saving Account

Features:

No monthly account keeping fee#
A high everyday interest rate of 5.00%p.a *
Unlimited free HSBC ATM transactions^
Five free ATM transactions per month at any bank ATM

The Catch:

You need to deposit $5,000 or more into the account to earn 5%

Go get it now!
Click Here
What I would do if I had $5,000

Option 1: Deposit $5,000 into a [...]

Breakthrough to Wealth

This just hit my inbox so you might as well take advantage of it too!

Breakthrough to Wealth!
LIVE at the Perth Convention Centre
8th & 9th September 2007
Its a seminar on Property, for more information check out their website.
Click Here!
I’ve been to heaps of seminars and I just keep going back for more! There is always [...]

XL EBS here I come

Paid for my plane ticket a few weeks back for the
XL EBS in Bali for late September 2007. One more month! A break that I have been waiting for and hopefully a learning experience to push myself to the next level.
Also, going to check out
Opportunity International causes in Bali which provides Micro [...]

ANZ

Today was an up-day in the Market followed by a weak up-day on the US market and UK market over night. I have no confidence in the market for the next few months. In 1987, the market corrected 25% in 4 weeks, currently we have corrected about 10-15% in 2 weeks. Usually after a correct, [...]

APPL

The Trade - 20/8/2007
AAPL
Options/Contract = 100
Buy 100 AAPL @ $130.45 ($13,045.00)
Sell 1 AAPL $125.00 Call @ $5.30 ($530.00)
Time Value: -$0.15
Intrinsic Value: $5.45
Breakeven Point: $125.15
Assigned Return: -0.12% (-$0.15/$125.00)
Unassigned Return: 4.24% ($5.30/$125.00)
The reason why this looks strange is because this is the Apple share I had from last month, I rented the share out again and received [...]

US August Option Expiry

On a brighter side, renting share is about the safest thing you can do even with crazy market volatility!
The Trade - 18/8/2007
AMZN
Options/Contract = 100
Trade Opened - 23/7/2007
Buy 100 AMZN @ $71.48 ($7,148.00)
Sell 1 AMZN $70.00 Call @ $5.10 ($510.00)
I was exercised/assigned (18/8/2007)
Sell 100 AMZN @ $70.00 ($7,000.00)
Net Profit: $362.00
The Trade - 18/8/2007
AAPL
Options/Contract = 100
Trade Opened [...]

Critical Moment - Lesson Learnt

The heavy selloff in the world financial market has made me cut losses in my CFD portfolio. Although I didn’t open any new spread position for the month due to the market volatility I also didn’t sell my existing CFD portfolio (my intention was more for the long term, but I think it’s cheaper to [...]

Great Financial Products

Here’s a few products that I think are great! I do work for BankWest, so I might be slightly biased… so please let me know if you can find a better deal! I think BankWest is pretty damn agressive with their products!
Cheap Money  

Citibank Ready Credit - 2.9% for first 6 months on cash advances! (very bad [...]

ASX Game

Here’s the ASX game, test out some strategies and see how you perform over a 2 month period!
Registrations are now open for the ASX Sharemarket Game.
Registrations open: 14 August
Registrations close: 4 September
Trading begins: 6 September
Trading ends: 14 November
Places are limited to 24,000 players so register early to avoid disappointment.
The Game’s sponsor, Westpac Broking, is providing [...]

Up Coming Seminars

Hi All,
This are some of the seminars that are in town at the moment that you might want to get yourself there! I highly recommend the
Breakthrough to Success. Even if you don’t go for the 3 days, its worth it! It’s FREE so don’t give yourself excuses.

Property Entrepreneurs in Training” is great for people [...]