Category archives: Personal Stories

Costs And Risks: Why MoneyGeek Won't Become A Robo-Advisor

Last update on Jan. 14, 2015.

Giant Robot

 

In general, there are two ways that entrepreneurs can start a new business.

One way is to start out on their own, without seeking any large investors’ money, and relying instead on their own savings and/or contributions from their friends and families. Because a company starting out won’t have much money, the entrepreneurs will likely spend little on creating their first product, relying mostly on their own skills and efforts. This way of starting a company is called "bootstrapping".

The second way of starting a company is by seeking large investors’ money. The entrepreneurs will write up a ...

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MoneyGeek Turns 1 - The Lessons I've Learned

Last update on March 13, 2014.

Exactly one year ago on March 13, 2013, I quietly launched MoneyGeek to the public. In this blog post, I'd like to share a few things I've learned from running MoneyGeek.

If you're one of the few long time readers of this blog, you would know that I had a bit of a rude awakening. When I launched MoneyGeek a year ago, I had this fantasy that people will come to my site in droves. I knew lots of people who could use what I'm offering through my site, so I honestly thought that my product ...

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The Stock That Had Me Convinced I Was Stupid (Part 3)

Last update on June 22, 2013.

In parts 1 and 2, I begain to talk about First Solar, which is a company I invested in. In part 1, I explained why First Solar stocks dived from $300 a share to under $30 a share. In part 2, I explained why I decided to invest in First Solar.

In this podcast, I explain how the investment panned out.

 

 

Transcript:

Hello, and welcome to MoneyGeek's podcast. My name is Jin Choi and in this episode, I'll continue from my last episode and talk about my experience investing in First Solar.

In the last episode ...

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The Stock That Had Me Convinced I Was Stupid (Part 2)

Last update on June 17, 2013.

In my last post, I began to talk about First Solar, which is a company I eventually invested in. I explained why it was the darling of the renewable energy sector, and why it fell from grace.

In this podcast, I explain why I jumped into the stock, and what happened.

 

 

Transcript:

Hello, and welcome to MoneyGeek's podcast. My name is Jin, and in this episode, I'll continue from my last episode and talk about my experience in investing in First Solar.

In the last episode, I explained why investors dumped First Solar. To recap, the ...

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The Stock That Had Me Convinced I Was Stupid (Part 1)

Last update on June 10, 2013.

CC Image courtesy of russf

"In the short run, the market is a voting machine but in the long run it is a weighing machine." - Benjamin Graham

In this podcast, I will talk about my experience investing in First Solar (Ticker: FSLR). I will talk about why I first chose to invest in it, why that made me feel stupid for a time, and finally, how it all ended for me.

 

 

Transcript

Hello, and welcome to the MoneyGeek podcast. My name is Jin Choi, and today, I want to talk my experience investing in a company called First ...

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Hard Lessons From Running MoneyGeek

Last update on May 18, 2013.

 

CC Image Courtesy of Jd5466

 

In this podcast, I talk about one of the tough lessons I'm learning from running MoneyGeek.

Here is the survey I talked about below:

http://www.surveymonkey.com/s/JMS5LVW

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How I First Started Investing

Last update on May 6, 2013.

I'm a noob

CC Image Courtesy of Xinem

Every expert was once a big noob (someone who's new to a subject). In this podcast, I share my early years of investing, and the terrible mistakes I made.

Among the lessons I learned: Don't trust a CEO who shares names with a goofy Friends actor.

 

 

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