I’ve started reading The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition). It’s originally written by Benjamin Graham who seems to be a pioneer of some sort in value investing. It also appears to be endorsed by Warren Buffet. I sought books on investing and the stock market, and this one stood out because it seemed to be at an appropriate level for me: technical enough to provide new information but basic enough to tie in with what I already know.
It’s been a while since posting an update. First, there is less than a month left before I graduate from school. My midterm grades were good. I’m also starting to pursue jobs. I’m interviewing soon with TrustBearer Labs. I’ve also been in touch with some industry contacts I have about positions in their companies. Some school friends and I have also been having weekly brainstorming meetings in the pursuit of starting our own company. There’s a lot of considerations affecting the legal organization and taxation of the business. Besides, the financials, there’s a lot of planning in coming up with a product or service that you can have reasonable confidence about being successful. And it all starts with perhaps the hardest part: coming up with a name. Anything you do as a company should be in the name of the company, and if you do business under a name other than your own, you need to register your business name in the county where you base your business.
I’ve completed my income tax return for 2009. This return was more complicated than in the past since a portion of my work has been in a self-employed situation. For that reason, I opted to have a professional tax preparer review it before submitting it. The experience does help me understand better how to manage financial information in the case of the business we’re looking to create. There’s basically two types of business arrangements: informal and formal. The informal arrangements are sole proprietorship and general partnership. The taxation of both arrangements is part of your typical income tax return. On the other hand, formal arrangements like corporations get taxed separately in addition to being taxed on your income from the corporation.
In the history of my relationships, it has been a slow journey. However, I have now been with somebody for over a year. To most, she is know as Dianna, but for me she is Baishia.
I spread my money all sorts of places. I have the basic savings and checking accounts, but I also own stock and make loans to developing countries.
My mom generally regards me as having poor financial management. Whether that is true is in the eye of the beholder. Part of what I have done in getting where I am financially is to take advantage of opportunities to get things for free.
Over the past several weeks, I have been working at a full time job on the other side of the city. When you add the commuting time to the time at work, I am gone for about eleven hours of the day. When I return home, I can feel tired and just want to lay down. Something I have missed in this though is friendship.
Each night I think of something to post about. Sometimes that is a challenge. But why do it?
I find making time for various things a challenge lately. There are various things to do each day. During the summer when I didn’t have a job each day, I felt pretty good about getting tasks done. However, with working, I find it quite a challenge to which I am not rising.