Wall Street Warriors
Posted on June 10th, 2008 in Stocks by Jason Pedersen |
I love all people with an entrepreneurial spirit. I am sure this is why I have always wanted to make money working for myself using my own ideas. The internet is a great place to do just this. There are thousands of success stories of men and women coming up with a great idea and putting it to work on the internet. Wall Street is much the same.
I have been watching a lot of Wall Street Warriors on Hulu. (If you haven’t heard of Hulu, check out what TechCrunch had to say about it here) It is a show about a bunch of people that make a living on Wall Street. There are day traders, hedge fund managers, floor traders, and every other profession that exists on Wall Street. As I said, I was immediately drawn to the entrepreneurial spirit of the show right away.
One of the stars of the first season was Timothy Sykes. He made a name for himself by turning $12,000 of Bar Mitzvah gift money into $1.65 Million in three years! Sounds like a great ROI to me. Sykes runs a blog where he actually tells a lot about what he invests in and even shows some of his daily earnings.
Now I’m catching the Wall Street bug (as if it is a new thing) and I have been watching a lot of CNBC. I have even joined a Virtual Stock Exchange where you can buy and sell “fake” money. The idea is that you can learn how to play the stock market without losing all your money.
Hmm… sounds like a great idea for affiliate marketing. Everyone is always saying you need to invest some money and start testing to learn how the affiliate marketing gig works. Of course, no one wants to put down a few hundred dollars when they have no idea what they are doing. And rightly so as many times it turns into close to 100% loss. I’m just thinking out loud right now, but somebody should try to implement this. Could be the next big idea.
Anyway… if you are maybe a little sick of trying your hand at affiliate marketing, maybe trading stocks would be a better fit for you. I suggest taking a look at that virtual stock exchange and seeing how you make out.
Virtual Stock Exchange on MarketWatch.com
P.S. In case you are interested, I’m down about $50 after starting with $10k. You have to join a game and I am in the “Beginners 10000.00 starting bank game” currently ranked 3,298. Let me know if you join and we can compete.
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