Wednesday, January 27, 2010

Don't use CYB to be on the chinese currency

There is an ETF called CYB that is meant to track the value of chinese currency Yuan. Unfortunately, it does not work. The Yuan is up, but this currency is down!

5 comments:

Josh said...

hi dave:

this goes a few years back. i used to read your OLD blog on (i think) wcool.com. it was your hollywood party blog. you shut it down, i think. but your last post was a link to an essay that you said you read every day for like 10 years or something. it was about setting goals, and writing them down, etc. it was REALLY good. i was thinking about it the other day, and couldn't seem to find it.

would you mind passing it along to me (either the link, or the actual essay). i am going to bookmark it this time!

thanks,
josh

Beans said...

Reading all this makes me feel like a pig has taken a giant shit in my head. I wish I knew how to start investing. Yeah. I think I'm destined to stuff the mattress and hump my pillows.

Beans said...

Comment moderation? haha. Live a little.

Dave Levine said...

Beans you suggest I live a little? Check out sextoydave.com or My "Sex Toy Dave" fan page on facebook:
http://www.facebook.com/pages/Sex-Toy-Dave/70184507374?ref=ts
I am living a little :)

Dave Levine said...

that article you are talking up is still up on my website:
http://www.wcool.com/religion/goals.html

on that page there are links to a lot of things I wrote in 1996! Many I no longer agree with at all and I was 15 years younger when i wrote them so please take them all with a grain of salt. :)