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Saturday, May 1, 2010

Welcome to Finance Monitor

Welcome to our new blog!

I will kick this off by addressing a few fundamental questions:

1. What will be discussed on this blog?
Anything pertaining to investing, personal finance, economics, real estate, or general business news. It's a fairly broad mandate.

2. Why "Finance Monitor"?
I chose a monitor lizard to be the mascot of the blog not just because I like lizards, but because I think the cold blooded, single-minded nature of a monitor lizard encapsulates the mission of this blog well. That is that we will focus solely on discussions that aim to make us more money. I am not going to ascribe some higher purpose to it. There is of course some general benefit from the acquisition of more knowledge, but at the end of the day you acquire this particular set of knowledge to make money.

3. Can I contribute?
Anyone can contribute, and indeed I am relying on you to do so, to a discussion of the subjects covered on this blog. Nearly any discussion will add to everyone's well-being, even if it is not readily apparent. The more views that are brought to bear on a subject, the better the outcome will be.

4. What are the rules?
Very simple rules, really:
a. No political discussions. We are apolitical here. Any injection of political viewpoints unless there is clearly a financial implication (ex: a civil war has started) will be frowned upon.
b. Keep moralizing to a minimum. This is for all intents and purposes an amoral blog as well. We are profit maximizing. If investing in an oil company makes sense, it makes sense.
c. No more than 10 posts a week per contributor. This isn't a hard and fast rule in case something really interesting happens like the 2008 financial crisis, but this is to prevent the blog from becoming overwhelmed. Frankly, I am more concerned about the opposite, which brings me to...
d. Everyone who wishes to participate should contribute one post per month. This can mean that in a 3 month period you contribute three posts one month and then slack for a little while, but ideally we will all get involved.

Anyway, those are the basics. I will start contributing some posts just to get the ball rolling.

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