[Contest] …And here are the winners of the first week!

First place: a_k_a with 3 questions asked.

Second place (tied): jack with one question asked and BlueCoffee with one question answered.

Congratulations to all the winners, please go to http://www.geekfin.com, log into your account and then use the Contact Me form located at the bottom right of the page and send me a message with your email address. I will email you the product code as soon as I get the contact messages. If you prefer me to send you the product code via contact messages (so that I will not know your email address), feel free to mention that in the contact messages as well!

Once again, congratulations to all the winners and I encourage everyone to keep asking/answering, the next batch of product codes will be awarded to the winners in just a week time!

[Contest] WinXDVD Products DOUBLE GIVEAWAY!

Recently I do feel guilty to those readers of Geek In Finance as I am unable to update the blog as frequently as I would like to due to my work and exam commitment. However, be rest assured that your effort in browsing through Geek In Finance is definitely worthwhile because starting from today, I will be giving out FIVE free product codes each week of any one of the two of the state-of-art software, WinX Blueray DVD iPad Ripper and WinX iPhone Ringtone Maker (each valued at 29.95), courtesy to Digiarty Software, Inc.

Here is how you can win a FREE copy:

1. Head over to the Geek In Finance Q&A Site (http://www.geekfin.com)

2. Sign up and start ask and answer questions!

3. At the end of each week (from 12:01 EST every Sunday to 11:59 EST following Saturday), the top five active members (members with highest sum of questions and accepted answers) of the Geek In Finance OSQA site will each receive a FREE activation code for one of WinX Blueray DVD iPad Ripper and WinX iPhone Ringtone Maker (subject to availability). The winners will be announced the following Monday.

FAQs:

1. Q: Is Geek In Finance safe? Will the Q&A site steal my credit card/name/birthday/pet?

A: The Q&A site of Geek In Finance (http://www.geekfin.com) uses OpenID technology for authentication, which means it will never ever see the password of the OpenID supported platform you are authenticating from (e.g., Google, Twitter, etc), the platform will send a software token back to Q&A site informing if the authentication was successful. Therefore, there is no way Geek In Finance could ever steal anything from you.

2. Q: What kind of question I am allowed to ask?

A: As Geek In Finance Q&A site is explicitly related to finance, all questions have to be finance related. Other than that, please avoid asking any offensive question and/or questions that may be against the law. I will moderate the questions and if a question is considered as inappropriate, I reserve the rights to remove them and they will not be considered as a valid entry for the contest.

3. Q: Am I allowed to answer my own question?

A: Yes you are allowed to, however only ONE (1) question per contest period is allowed to be answered by yourself, anything more than that will not be counted.

4. Q: How will the winners be decided?

A: Each week (from 12:01 EST every Sunday to 11:59 following Saturday), I will tally up the top five members who has the highest number of questions and/or accepted answers, the winner will be posted on Geek In Finance the following Monday.

5. Q: How could the winners claim the prize?

A: After the winners have been announced, winners may log into their Geek In Finance OSQA site and use the contact me function to send me their email address to claim the prize.

6. Q:  Do I get to choose which product I get?

A: Yes, you can choose any of the two software listed above, subject to availability.

7. Q: How long will the contest be running?

A: Digiarty Software, Inc. was kind enough to give us 40 product codes, hence the contest will be lasting 8 weeks, until all products codes have been given out.

8. Q: I am still not convinced this is real! Your liar!

A: If you are not, why not head to our Q&A site and start to ask and answer questions? You will lose nothing but you will either learn something from others or share with your knowledge and perhaps both at the same time!

So why wait, head to Geek In Finance Q&A Site (http://www.geekfin.com) and start to ask and answer questions NOW!

For more information about the software that was offered, please go to the following website:

http://winxdvd.com/products-iphone-ipad.htm

Note that I reserve the final rights in deciding the winner.

2011/03/01 – Home sicked

Today I was home, sicked.
And obviously with the job I have, stay-at-home day quickly becomes a work-from-home day.
But at least, things slowing down a lot and I even managed to take a nap around noon!
I can’t even remember when was the last time things has slowed down that much for me. For almost a year now, my life has been the same, work from Monday to Friday, study for the nights and weekends. Even occasional so-called “relaxation time” was more or less not relaxing because it is either work-related or on things that I am not really interested in.
For those whose ambition is working on the trading floor one day, you need to know what you are signing up for. Perhaps you are being rewarded financially, but it also means you are saying farewell to a relaxed life.
Perhaps that is what you really want, but if not, don’t ever tell yourself “I’ll just be in this for 5 years and make a million dollar and quit”. There is only beginning point in this business, but no ending.
As for me, I’ll watch some TV tonight, sleep early and get ready for the crazy life I opted for, tomorrow.

2011/02/23 – Annoucing the Geek In Finance Q&A site

If you are reading my blog right now, it goes without saying that you are interested in finance.

If so, why not ask and answer some finance-related questions and help each other out?

That is the thought I have when I created Geek In Finance Q&A site, if you agree with me on this, feel free to head over and ask and answer some questions NOW!

Feel free to bookmark this site from now on: http://www.geekfin.com.

2011/02/09 – Update – what happened recently?

It has been a while since I last updated this blog.

So, what has happened to me recently?

First, I have passed my one year anniversary on the trading floor (*drum-rolls*), no, there is no souvenir unfortunately, just more work and more responsibility.

Second, I passed my CFA Level I exam as I was hoping to, with a 36% passing rate, I am really happy that I managed to get my luck to shine. I will post another article when I have time just to share some of the experience.

What would be my plan for 2011 then?

Well, first, it would be passing my CSC L2, which I have signed up and will be writing in less than a week’s time. After that, it would be CFA L2 in June. Being the most difficult of the 3, I am actually really nervous about it.

Let’s hope things will all work out. I’ll keep everyone updated.

2010/11/08 – Simple story I want to tell

So…I was too a bit too busy in the past 2 days to come up with my pre-market report, but I do feel obliged to write something, and a piece of Bloomberg news just caught my attention.

And before I tell you which article that is, here is a very simple story I want to tell.

In the hometown where I grew up, there are some local mafia-like organizations selling the instant bowls (those white, one-time plastic bowls used by the food stalls). Those bowls are definitely not high in quality, but because the way they “sell” their products, that is only option available and the stalls have to buy them.

Now, this is bad, but not bad enough. Since the organizations now have the monopolistic rights in the bowls, they raise the price of the bowls. It used to cost, say, 10 for 1 dollar before they came, and now a dollar could buy only 5 of the bowls.

This is even worse, correct? But for some reason, the food stalls, due to their great tastes and small profit margins, actually managed to survive the ordeal, some even proper.

So, the organization has to think of the new ways to ripe the stall owners off.

And they did it by simply telling the helpless store owners: right now, the price you are selling the food are too cheap. Instead of 5 dollars for a bowl of rice, you will need to sell it for 10 dollars, because there are just too many people who want to buy the rice from you and not from us (which tastes bad and cost, say, 50 dollars).

I guess by now you are probably laughing at me for my poor creativity.

So I have 2 confessions to make:

1. The story is fake. I lived in a very peaceful country when I was a boy with no oppression that I am aware of, other than some greedy people in demand for a passport from a Western country and are too lazy to get them out of their own merits.

2. If you could translate rice bowl to be US T-Bills, bowl of rice to be the Chinese currency, and the food store owner to China, then please read the story below:

http://www.bloomberg.com/news/print/2010-11-08/china-s-trade-surplus-likely-swelled-to-25-billion-in-challenge-to-g-20.html