Tracking

So, I created a fake portfolio on a popular financial website. I pretended that I bought 500 dollars worth of Blizzard Activition and 500 worth of the Royce Low-Priced Stock Fund.

I might actually do that, in the real world. Emphasis on MIGHT. I guess I should do some more actual research on investing, heh, instead of being a typical investor ... well, I should say, instead of being a foolish investor and just jumping in.

Speaking of Warcraft

So, I've been reading bits and pieces about finance this week. And there is a blog called "Seeking Alpha" that talks about Blizzard Activision stock (ATVI I believe), that recommends it as a buy. There were some detractors though, and I almost have to agree with them. World of Warcraft is a great stock, it's value is awesome and it's a cash cow, and they are doing great with Call of Duty. But for how much longer? There are only so many new races they can add to the game. I tend to think it would be something good to get if the price drops, because it's bound to go up with Cataclysm's release.

Also, there is a stock fund called Royce Low-Priced Stock fund, something like that; roycefunds.com is the website. The specialize in exactly what it says, lower priced stocks that might rise. I was thinking to myself, why not just buy those and not enter the fund?

It's all very confusing, but I am going to resist the urge to jump in and play with money. I would like to really do my research first, because the goal is not to lose money being foolish.

OMG, I'm thinking of restarting my Wow account again, I'm getting bored. Must resist the urge.

World of Warcraft

So, I've been playing World of Warcraft for a long time. Maybe too long. I think it's been going on for several years now. One of the things that it did for me was, it allowed me to have a cheap form of entertainment, since I have been trying to save money, i.e. not spend any and pay off my bills.

Recently, I had done something that I never had done in the past when playing the game. I joined a raiding guild that specialized in the harder endgame content. And, sadly, it made me lose my passion for the game. First of all, it became like a second job. And one I would dread, I hated having to show up several nights a week to do dungeons, especially when it became tiresome, and we could not down bosses. And though I liked the guild I was with, they became tedious. There was one person in it, a mage, who claimed she was a woman, but I felt it was a 10 year-old boy. She was extremely tiresome, constantly chattering on vent, at times singing in Japanese. She was also a know-it-all who constantly had a better opinion, if you liked something she would say she hated it, and would rarely agree with anyone. Even worse was the tiresome chiding that would go back and forth among the guild members. And though I took part in it, I often felt like it was a waste, that if I had to tolerate people talking down to me I might as well be at work.

And that's just it, I lost my passion for it, and felt it was just a big waste of time.

I need to spend more time writing, but ... have I lost my passion for that too? I suppose not, since I enjoy writing in this blog, even though I have neglected it. So I have told myself that I will work on the book more. Even the economic books say you should have a second business, and I have finally told myself that writing should be mine, since it is definitely something I have a passion for, even when the love wanes.

My Investment Blog

I'm going to work on the blog again. I think I'm going to turn it into my ... adventure in investing. I know nothing about personal financial investments, and I'm going to start a journey with the blog. My goal is, I don't want to work anymore, at least not for other people.

I will preface this by saying, I did figure out the first part of my investment strategy a long time ago. I decided that I no longer wanted to owe money. For me, giving money to a credit card company in interest was ridiculous, I was throwing away the money I should have been using to invest. So, several years ago, I decided to pay off all my credit cards. I got a second job, as a massage therapist, and just started throwing money onto the tens of thousands in debt I had.

Recently, in fact this past week, I finally paid off all the money I owed. Hence, I now can start investing. I'm in my mid-forties, and we will see how quickly I can become rich, or at least put myself in a more financially sound place.