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things to do April 28, 2006

Posted by harvard in Diary[PRIVATE].
2 comments

KEYwords:  Winstar Conference & Schutzenberger, agnostic vs atheistic

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What have I done…? April 8, 2006

Posted by harvard in Uncategorized.
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I looked at my banking statement today. $128??? WTF?????? I thought I had $900!!!!!! WHERE DID ALL MY MONEY GO?

No wonder. The balance was at low from the beginning. Plus I did purchase $23shirts at A&F last week. GOD DAMN MY SHORT TERM MEMORY. AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH I am going to split my debit card, I really am.

SHREDDER, WHERE THE HECK ARE YOU!!! OH! HERE!

THERE(true image not shown).

I am not going to sign up for DEBIT card again. NEVER!!! CREDIT CARD? maybe decades later. I don't believe myself in keeping the savings account high. Ha, J.P. Morgan would smirk at that.

Looking at my $477 savings, at least $1200(300x4classes) should be saved before August, so I can start attend some classes at Ivy Tech fall term(Aug21-Dec16).

My expected incomes are as following:

April: $600

May: $1500

June: $1800

July: $1800

August: $1800

total of $5700 by the Fall of 2006.

-$700 =gas

=still $5000.

-$3600(7classes)

=still $1400.

enough to pay all my academic expenses?

Jim Cramer’s Mad Money Recap March 28, 2006

Posted by harvard in Mad Economy.
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If you are a student with parents who have nothing to give you financially, you better know who Jim Cramer is! This 50-years-old guy who graduated from Harvard Law school(magna cum laude) in 1977, served as a President, or editor in chief, of The Harvard Crimson. He also is former hedgefund manager reportedly worth up to $100 million. I have got to know him through a TV program called MAD MONEY. In that particular show, he emphasized the importance of investing early. As an example, he claimed that student loans are good use of making money at the Wall Street.

“I remember being a college student and law student right here without any money,” Jim Cramer told the audience assembled at Harvard University for Wednesday’s “Mad Money” TV show. Instead of using my student loans to pay tuition, I put it into stocks to make bigger money,” he said. “So I’m here right now to help you [make money too] .” Cramer said that if you want to get rich early, you need to start investing early, even if you don’t have a lot of money. That’s why he told his audience to take a look at Bookham (BKHM:Nasdaq – newsresearchCramer’s Take).

Bookham closed at $6.96 Wednesday, and Cramer said that for the price of a cheap lunch he believes it’s a stock with an upside anywhere from 30% to 100%. The company makes optical components for fiber optic systems. “Think Lucent (LU:NYSE – newsresearchCramer’s Take). Think Nortel (NT:NYSE – newsresearchCramer’s Take). Think JDS Uniphase (JDSU:Nasdaq – newsresearchCramer’s Take),” he said. Bookham is the No. 2 two optical component maker by market share, and it has been drowning in debt, he said. But it has unloaded its long-term and convertible debt, making its balance sheet one of the strongest in the business considering how much debt its competitors have, he added.

Cramer said that the company is probably what JDSU and Conexant (CNXT:Nasdaq – newsresearchCramer’s Take) were a quarter ago, since which time the two companies have seen their stocks soar. Plus, he said, Bookham’s stock trades at a 50% to 80% discount to peers, depending on whose 2006 earnings projections you use. An audience member said he’s graduating without a lot of money, and wanted to know the best way to invest. Cramer said that at his age, now is the time to take a chance. He recommended going for a more aggressive mutual fund if taking the time to study stocks was not an option.