Moomin Valley

Personal Finance, Investing, and Economics

Saturday, June 30, 2007

Trading the Model: First Annual Report

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It's been one year now since I started trying to trade the model - time for an assessment. I didn't trade much this month but did p...
Friday, June 29, 2007

Flight Booked

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First day back home a lot got done, culminating in booking our flights to Australia for mid-September. We got a very good price via a websit...
Wednesday, June 27, 2007

How Big a Tip Did the Personal Finance Bloggers Leave?

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That will remain a secret (the bill was about $81) but there was no disagreement on that or how to split the bill :) Last night I met up wit...
3 comments:
Tuesday, June 26, 2007

Wall Street

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I wanted to post a blogpost from Wall Street, but Starbucks was too busy. I am at least writing this one at the intersecton of Wall and Broa...
Monday, June 25, 2007

Back in New York

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I'm back in New York (actually right now I'm in Jersey City which is a much cheaper place to stay but only two stops on the PATH tra...
Saturday, June 23, 2007

International Moves and Frugality

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I rarely post about the spending side of the equation but after spending yesterday working with Snork Maiden on move preparations I thought ...
1 comment:
Friday, June 22, 2007

Avoiding an Immigration Pitfall

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I suddenly realized today that if my employment terminates on June 30th my H1B status does too. There is no grace period to leave the countr...
Thursday, June 21, 2007

End of Negotiations

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My negotiations with my university didn't last long. They didn't budge at all and so I'm not going to budge either. I plan to re...
4 comments:
Wednesday, June 20, 2007

Back from the Trip, Meeting with Dean

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Yesterday afternoon we drove back from Boston after dropping my brother off at the airport. I think for all of us the visit to Gloucester wa...
Friday, June 15, 2007

On the Road

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I'm in Massachusetts now travelling with Snork Maiden and my brother who is visiting for just over a week. His first time in America (an...
2 comments:
Sunday, June 10, 2007

TD BankNorth Sucks!

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Snork Maiden has a savings account with TD BankNorth. Don't worry, she also has one with HSBC but keeps this one because her pay is paid...
3 comments:
Friday, June 08, 2007

Evidence on Overnight Trading

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Interesting evidence on why overnight trading and closing the trade within the first hour or so is a good strategy when using directional t...
2 comments:

Australia: Part III

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Today we got the formal offer letter from the Australian position. It's OK - just need to push the start date off by about a month to 1 ...
Thursday, June 07, 2007

Australia: Part II

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Some reasons why we've decided to move to Australia: 1. So far it's the only good job offer that Snork Maiden has received. There ar...
5 comments:
Wednesday, June 06, 2007

Rick's Cabaret

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New investment: 500 shares of Rick's Cabaret . Wallstrip umm "profiled" it and I checked out other blogs and the numbers and ...
4 comments:
Tuesday, June 05, 2007

Australia: Part I

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We have pretty much decided to move to Australia though we still need to work out/negotiate all the details. I'll explain in another pos...
8 comments:
Sunday, June 03, 2007

May Report

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All figures are in US Dollars unless otherwise stated. This month saw weaker performance especially when compared to the market, but net wor...
3 comments:
Friday, June 01, 2007

May Trading Performance

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The model had its first losing month in a long time. It ended down -0.87% on the month while NDX gained 3.24%. However, my trading accounts ...
Thursday, May 31, 2007

Simulated SPI Trading

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When I get worried about something I tend to do some research on the issue to reassure myself that it's not a real problem. So in this s...
1 comment:

Soul-Searching

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I envy people who seem to know what they want out of life. I'm confused. When I'm trading instead of focusing on my job and on acade...
4 comments:
Tuesday, May 29, 2007

Doing My Taxes

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Finally getting around to this. One advantage of moving to Australia will be simpler tax rules and forms though at higher income levels the ...
4 comments:
Sunday, May 27, 2007

Thinking About the Future

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Is something some people think I do too much of. Too much thinking about possible outcomes can result in "analysis paralysis". How...
2 comments:
Saturday, May 26, 2007

Shanghai Volume

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This chart is from Maoxian's blog . It just shows volume of the Shanghai A shares. It does not include the Shenzhen market which is smal...
Friday, May 25, 2007

Persistent Overbought State Clearing?

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It's looking like the market will begin a new upswing about Wednesday next week. It's also looking like the persistently overbought ...

Australia

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Snork Maiden was offered the job in Australia. But she still needs to do a phone interview with the guy in Arizona next week. Looks like sh...
4 comments:
Thursday, May 24, 2007

Ditto

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Yes it (SPX) failed for a third day in a row to close at a record high after trading higher intraday. The model switched to short in the ear...
Wednesday, May 23, 2007

S&P 500 Fails to Close at Record High

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for the second day in a row. Today and yesterday the SPX traded above it's record closing high from 2000 but closed below it. The NASDAQ...

Bureaucracy

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On May 16th the U.S. Consulate in Sydney mailed a letter to my lawyer here in the U.S. with the date for my interveiw for green card visa. J...
3 comments:
Monday, May 21, 2007

Financial Disclosure

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Ron Paul's financial disclosure statement . Apart from cash, he mainly owns real estate, gold stocks, and bear funds. A surprising (to m...
2 comments:
Wednesday, May 16, 2007

Private Equity

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Thought I'd follow up my recent investment in a listed private equity fund with some thoughts on private equity. It certainly is "...
4 comments:

ETF Cheat Sheet

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This ETF cheat sheet is very helpful. This one only covers the US market. Bespoke plans on coming up with a cheat sheet for international E...
Tuesday, May 15, 2007

Allco Equity Partners

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This evening I am buying 4000 shares of Allco Equity Partners . They are trading for $A3.87 per share so that is an allocation of about 3% o...
1 comment:

Update

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Today went pretty well. I started the day with some horribly losing positions and closed them for a profit (kind of - by making one much big...

Taking Over a Mutual Fund

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An interesting story concerning the manager of the TFS Market Neutral Fund, which I am invested in . Marketers and managers of funds can be...
3 comments:
Monday, May 14, 2007

Chinese Stock Market Update

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Shanghai opened down and Hong Kong up on Sunday night just like I expected. But then the Shanghai market quickly reversed to the upside. Th...
Sunday, May 13, 2007

Market Update

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The bull market remains intact - the model is indicating that overbought conditions will persist next week. We might be very close to the fi...
2 comments:
Saturday, May 12, 2007

Drawdown

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That's what traders call it when they are losing money and their account is going down... I'm down 15.9% on my trading capital so fa...
4 comments:
Thursday, May 10, 2007

Google World Update

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I now found that most large US cities have some realistic building models as do some famous world cities - I checked out Sydney, Hong Kong, ...
Wednesday, May 09, 2007

Magazines Meme

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Clifford tagged me with the magazines meme. So here goes: 1. Barrons - I have a subscription and read it online now. 2. Scientific American...
Monday, May 07, 2007

Google Earth's Latest Cool Feature

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As I mentioned that I was obsessed with Google Earth, I have to share with you the latest cool feature I discovered. Many of the buildings ...
4 comments:
Sunday, May 06, 2007

Passive and Trading Income

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I was wondering where I was at so far this year (first four months) regarding passive (nothing to do with " passive investing ") a...
2 comments:
Friday, May 04, 2007

Interactive Brokers IPO Prices at $30

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So I have been allocated 200 shares! Looks like they'll start trading on Friday .
4 comments:

Passive Investing and Entrepreneurship

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Many personal finance bloggers and personal finance gurus are in favor of passive investing. Invest your money in the market portfolio rathe...
5 comments:
Thursday, May 03, 2007

Junk Stocks, Bad Trades, and Complicated Security

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Several themes today.... I bought 25,000 shares in FLIP.OB , aka FTS, this morning. Yes it's a penny stock. Literally. I bought at 1.84 ...
4 comments:
Wednesday, May 02, 2007

April 2007 Report

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All figures are in US Dollars unless otherwise stated. This month saw very strong performance, which has been the case for the last several ...
1 comment:

Separately Managed Accounts

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I logged into the smaller of my Mom's new accounts for the first time since we started investing with a certain manager of separately ma...
4 comments:
Tuesday, May 01, 2007

Symbion Again in Merger Talks

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Symbion Health (SYB.AX) is again in merger talks. There is a bid from Healthscope (HSP.AX) and a couple of private equity firms that values...
1 comment:

That's Insane

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Said Snork Maiden. This was when I told her the difference in commissions between trading a stock index futures contract on the Sydney Futur...

Trading Result for April

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April turned out to be a good month in the end. I made $3278 from trading in my three US accounts. That's about a 10.9% rate of return (...
5 comments:

New Short: Salesforce.com

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An article in Barrons this weekend suggested that Salesforce.com ( CRM ) would be a good stock to short. As usual I checked out the financia...
Monday, April 30, 2007

Sydney Futures Exchange

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When I opened my account with Interactive Brokers I signed up to trade all electronically accessible US markets. But in fact one can trade m...
Sunday, April 29, 2007

Accounting for the Effect of Australian Superannuation Taxes on My Rate of Return

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The earnings of Australian retirement accounts, known as superannuation accounts, are taxed by the Australian government at 15%. Contributio...
2 comments:
Thursday, April 26, 2007

Paid Off Balance Transfer

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I paid off my balance transfer on my Amazon.com Chase credit card. I've had a balance transfer for the last couple of years and have bee...

I Did Make a Trade After All

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Just before the close and going to my meeting of Graduate Porgram Directors I bought one Apple June $90 call. Looks like it worked out well....

Money Arrives

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The money arrived in my HSBC savings account today, even though 25 April is a public holiday in Australia (ANZAC Day). HSBC charge another $...
Tuesday, April 24, 2007

Token Arrives

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The "token" arrived from Commonwealth Bank in a bright yellow box with real Australian stamps stuck to it. Inside is this tiny ele...
2 comments:
Sunday, April 22, 2007

Obsessions

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The Money Diva tagged me to write about my obsessions, obsessive thoughts etc: 1. Obviously investing and especially trading. Even though I...
2 comments:
Friday, April 20, 2007

Trading Update

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In the last couple of days I've wanted to place trades but just can't do it. Partly due to being up and then back to zero for April ...
2 comments:
Wednesday, April 18, 2007

IPO Update

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I just placed a couple of bids in the IB IPO. Very simple. I bid to buy 200 shares if the IPO price is $27 and below and 100 shares if it is...
3 comments:
Tuesday, April 17, 2007

Organizing

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That's the theme of the moment. 1. Have everything I need to fax in the stuff to set up the transfers from my Australian account to my U...
1 comment:
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mOOm
I'm an economist and an active investor and currently live in Australia. I'm a global investor though I focus on investments in the Anglophone world and particularly in Australia. This blog tracks investment performance and discusses personal finance, investing, and trading from an economic perspective. In the picture, Moomin is looking for treasure.
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