Stock trading with Zecco

I have finally given up on high yield savings accounts. Okay, that isn't completely true, but I'm going out on a limb here. With the FED cutting interest rates what seems like every day now, no one is earning any signifcant interest on their savings. The stock market is down as the recession is freaking everyone out, so I decided now would be a good time to begin investing in the stock market.

I began researching a few different stocks about a week ago and finally chose a few to begin with. I am going with Apple, Microsoft, Verizon, and J.Crew to begin with. I am watching a few more right now, but I want to see how things go and get used to things before I put too much money out there.

After choosing stocks, I realized that I needed to choose a broker or dealer or whatever you call the place you buy stocks from. I began looking online, and quickly realized I was looking for a discount online broker. So I started googling every name I had heard, E*trade, Sharebuilder, Zecco, and a few others. I decided on Zecco for several reasons, the main one being price. As long as you have $2,500 in your account, the first 10 trades a month are free. I don't plan on doing a lot of trades, so this should be perfect for me.

I read several blogs about it and all of the comments, and I read every bad story I could find about it. It appeared to me that all of the bad stories were from people who didn't do what they were supposed to, like send in the correct paperwork. And most of the problems people had were in the application process, which I found to be very simple and easy.

I have now completed the application and been approved, and everything is great so far. Many of the things I read that were complaints I noticed were not problems in the application. It was completely online, so nothing needed mailed in. I am now waiting for my ACH transfer to go through and complete funding, and then I will be ready to trade!

Check back for a complete review of Zecco once I have had time to do a few trades and see how everything goes.

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More MPG's with Acetone!

I have been analyzing my spending, and have realized that my two biggest expenses are gas and food. I'm still working on the food thing, but for gas I started doing some work on Google. I realized that I have two options: I can buy a small fuel efficient car, or I can make my truck more fuel efficient. I decided to go with the latter, because in the end that will be cheaper than buying another car, plus I don't like little cars.

After looking on Google some, I came across this website that this guy has made that talks about putting acetone in your gas and getting better mileage. At first I didn't believe it, and I'm still not convinced yet, but I was just enough intrigued to finish the article.

There are several reasons that this sounds legit to me. First of all, he emphasizes experimenting with it yourself and tracking the results. I don't see how he could make any money off of this, and it seems like he is legitimately looking for better gas mileage instead of just trying to rip you off like most people do.

Then I said, how come I haven't heard of this before? I think the oil industry is so powerful that they do their best to keep all of this out of the news. The article kind of alludes to this several times, but it just seems like everything is tied to the oil industry. All the politicians seem to have ties, rumors going around that the war is about oil, and some people are getting very rich off of it all. If it gets out that you can get significantly better gas mileage another way, then it will hurt them.

Anyway, without wasting anymore space, here is the link. Read it, if nothing else I think you'll find it interesting. I will probably try this if I ever get around to buying acetone and putting it in there. If I do I will give my results.

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IRS wastes $42 million of our money

Evidently the IRS decided to waste $42 million of taxpayers money so people could know they are going to get a refund soon. I love our government, they use our money in such productive ways. I mean seriously, that $42 million could not have been used any better. People really need to know that they are going to get their refunds. Who cares about starving people, or kids who can't afford to go to college, or AIDS, or the budget deficit, or the war? Lets waste money on mailings to let people know they are going to get refunds.

(sarcasm off now)

Here is the link

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