Laying Out my Internet Ventures

So a couple weeks a go I wrote about Developing My Website Business. Well this process is going quite successful just wanted to update you all on the logisitics of it all. Around two weeks ago I got all the LLC papers filed, so they are now in the mailing process and once that is all done the company will be established. Stocks on Wall Street will still the main focus and I am going to try and improve it significantly. Once a week or so, I plan on making a video on my Stock/Financial Market Ramblings along with being able to answer any questions readers sent in by email, twitter, facebook, RandomChatter, comments, etc.

Stock Picking Website

Moving on I plan on creating a Stock Picking Website. This website will be very simply laid out and once a week it will recommend a stock to buy, similar to Stocks on Wall Street just without all the extras. Just down to the basics, STOCK PICKS, hence the name. Moving on, I planned on opening my own Personal Stock Website which would post my trades by the minute, portfolio gains, etc. You might ask how would this be different from Stocks on Wall Street as don’t I post all my picks. No I don’t. Sorry but some of my trades are risky to a point I don’t want to but them out there and risk that you might lose money. I am fine losing my own money, lol it rarely happens, but thats because I know my investing capabilities can make back those returns in the long-run. However for you, there will be no losses. If you want picks check out the Stock Picks section which has been quite a success. Since February 2009 I have made 19 stock picks on this website, 16 of which have made money. Cumulating the total gains made by all the picks (including the losers) the number soars to 578%, with IVN being the top stock pick of the year up over 240% since February. Stocks on Wall Street has only started to begin catching steam with high traffic numbers so I hope more of the new readers can look at these numbers and trust my picks and my theory that I know what I am talking about. Some might say that I am too young to be giving any sort of financial advice and tips on the stock market though I disagree. If the E*Trade Baby can do it, I surely can. Yes I am 19 years young, however whats that have to do with my knowledge of the markets. I follow them extensively on a day-by-day basic, read numerous books, and study every aspect of a company to make myself the most amount of money. Yes I might have a few typos on the site but don’t allow that to sway your opinion. I am not a English major, part of the reason my writing skills are average plus my ADHD makes it harder for me to double check. As for stocks that what I know and live for. Anyone who disagrees with that, so be it there are thousands of other folks who can hopefully trust my judgement as I feel now I have shown the results over the past 9 months that I am capable of this.

Personal Stock Website

Moving back to the Personal Stock Website, I have shut this idea down. Why? Because there is already a product out there I cannot beat, CoVestor. Don’t know what it is, read my earlier blog post CoVestor: The Best Way to Prove a Stock Blogger’s Credibility. In a snapshot, it links to your brokerage account and posts all your gains, legitimately as it tracks them day-by-day. To the side, I have posted all my annual numbers since August 1st when I signed up for CoVestor. Since then I am up 38.39%, which equals out to roughly 8.85% a month and 122.82% a year. Compare that to the S&P 500, big difference. Finally back to my last two ventures, both which are semi-established. First besides stocks one of my other passions in life has always been Sports. Yes I am a diehard sports fan, most notably the Oakland Raiders, San Francisco Giants, Golden State Warriors, and of course my favorite player, Lebron James. And no I don’t just like him because of his last name. Anyways, to share my passion of sports I have re-started up my spots blog, Bay Area Sports Blog. Every Sunday, I will post an article about anything within the sporting world. Most likely it will relate to my favorite teams, however its not limited to that at all. Finally my last venture to talk about was also my first ever internet venture, my General Forum: RandomChatter, I have been running this site for close to a year now and its finally picking up steam. I plan on growing the forum extensively to accomodate anyone out there on the internet. The Sports Section and Financial Sections are extensive however discussions can be about anything to everything. Stop by, sign-up, and begin posting. Trust me you will enjoy it. Sorry to bore you but had to do it to keep you updated on everything. Hope everyone had a peaceful holiday weekend.

Damn It Feels Good to be Banker: A Wall Street Musical

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Filed Under: Featured

Tags: Internet BusinessInternet IdeasInternet Ventures

  • http://www.fotisports.com Peter Foti

    Looks good James, keep us all posted on how this proceeds.

    • http://stocksonwallstreet.net James

      Thanks PJ I will make sure to keep you informed.

  • http://RandomChatter.org Alex

    Thanks for posting your picture. I see you started @ a young age as a novice investor.
    Now you are a pro !
    Interesting topics to look forward in 2010 and beyond.
    Quote:I am fine losing my own money, lol it rarely happens, but thats because I know my investing capabilities can make back those returns in the long-run. However for you, there will be no losses. If you want picks check out the Stock Picks section which has been quite a success./Quote.
    Sure makes me want to be part of your community James !

    • http://stocksonwallstreet.net James

      Thanks for the quote Alex, I am hoping 2010 can be just as great of a year.

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