Wednesday, August 3, 2011

Making Money Internet

I was wrong. I made a mistake. I was the idiot on the internet who was wrong.


I moved the rate of return on a trade in the wrong direction, on a phone conversation, with out putting the block’s of numbers to paper/screen, making a mistake that caused the return to be 2 factors faster then correct. Ya, FACTORS.


I would love to share *why* the mistake was not my fault, but it honestly was of my own creation. I was doing quick math in my head, and moved the decimal in the wrong direction. Compounding the mistake. I have felt embarrassed, as I get how stupid I look.


We are all human, sometimes its not as easy as it appears. Sometimes we make mistakes, because we are humans. I have, and did..


I learn from my mistakes. I wont make that one again. I was wrong, and I apologize to any one who understands the math behind the trade. I blew it.


Humble Pie and Cold Crow has been eaten,


Jack H Barnes Jr.



Filed under: Transparency

Read more posts on Ramblings of a Retired Portfolio Manager »



 


Surprisingly enough, AmEx’s 20% rebate is actually a good deal. They offer competitive rates on airfare and hotel booking, and allow you to pay entirely or partially with points.


Numbers, crunched


American Express points, when used through the Pay with Points program, are valued at one cent per point, so you could redeem 97,600 points for that $976 flight to Heathrow from San Francisco. After the 20% bonus is credited to your account (it happens after the fact, and takes 10-12 weeks, according to the Pay with Points website), you’ll have spent 78,000 points, or $780. That’s $185 saved over booking with Kayak or Travelocity, enough that only one-third of your England trip will be spent lamenting the weakness of the American dollar.


American Express Platinum is steadily earning our respect


We’re generally happy with American Express as a card for international travelers, especially since the Platinum and Centurion joined the ranks of credit cards with no foreign transaction fee. Now that you can redeem your points through American Express Travel and get 20% of those points back, we’re even happier.


The American Express Platinum is one of the best-known premium credit cards, and offers a number of perks for international (or domestic) travelers. There’s a 50,000-point signing bonus (worth $500), a base rewards rate of 1% and an annual fee of $450. And based on the numbers we ran above, it only takes a couple of international flights to make up for most of that hefty fee.


Skipping customs and sipping champagne: the joys of premium credit cards


Beyond the numbers, however, the true value of the AmEx Platinum (and, really, for all premium credit cards) lies in the lovely perks. The Platinum shells out $200 in refunds for travel-related expenses like baggage fees and in-flight meals, and a free Priority Pass membership that gives access to over 600 airport lounges worldwide. A special boon for international travelers is the $100 credit towards the government Global Entry program, which allows you to skip customs lines coming back to the US (after, of course, an extensive background check). You also receive one companion ticket a year, which allows someone to fly with you, round trip, in the same class, as long as you book a business or first class ticket.




corporate reputation management

08/03/2011: U.S. Department of Justice, EPA to Hold <b>News</b> <b>...</b>

3, 2011) - Representatives of the U.S. Department of Justice and the U.S. Environmental Protection Agency will hold a news conference at 1:30 p.m. tomorrow, Thursday, Aug. 4, in St. Louis, Mo., to discuss a significant ...

08/03/2011: U.S. Department of Justice, EPA to Hold <b>News</b> <b>...</b>

<b>News</b> attacks — Crooked Timber

I've received the ultimate accolade from News Corporation, graduating from snarky asides and dark mutterings in which I'm identified only indirectly to a full-length hit piece in our only national (general) newspaper, ...

<b>News</b> attacks — Crooked Timber

<b>News</b> In Brief: Life - Science <b>News</b>

Flowery advertising, tempting toilets for shrews, bat beacons and more in this week's news.

<b>News</b> In Brief: Life - Science <b>News</b>

No comments:

Post a Comment