Sunday, March 19, 2017

Make your own personal computer for $50

Raspberry Pi has made it relatively simple to make a computer for $50. Here is a step by step guide to making this computer. After you make it, attach an HDTV, keyboard, and mouse.

Buy your items: Raspberry Pi 3 Model B with wifi and bluetooth, a case, micro-USB power charger, HDMI cable, keyboard, mouse.
Several items may not need to be purchased such as the micro-USB power charger which comes with most Android phones.



Insert the Raspberry Pi 3 motherboard into the case. The case has a top and bottom which come apart. Make sure to slide the Pi board underneath a small ridge inside the case.

Download the Raspberry Pi OS which is based on Linux here. https://www.raspberrypi.org/downloads/raspbian/

Unzip the image file. Then write the image file to the microSD card using a program like Win32 Disk Imager https://sourceforge.net/projects/win32diskimager/

Push in the microSD card into the Raspberry Pi, plug in the HDMI cable to a HDTV, plug in the keyboard and mouse by USB, and attach the micro USB power cord. The OS should load up and start installation.

Or you could buy one for $60 with a 16 gb card by clicking here.

Monday, March 06, 2017

Snapchat IPO

Snapchat became public but it disclosed it doesn't make money. There's a significant amount of money it pays for its servers to outside organizations.

It may turn around and make money or it could become like many other high profile money losers with high valuations.

The bubbles in these stocks are interesting and provides an interesting market theory. Most investors don't touch these stocks but they are traded among the investors who do to a high market capitalization. Eventually, when it reaches a certain market capitalization, it has to be added to indexes like the Standard and Poors 500. At that time, the valuation goes higher and the risk averse investors inadvertently pays for a stock they would never buy. Eventually, the company proves that it can't make money and stock plummets while it's still in the index. The original speculative investors may have gotten out by that time and the passive investors are left with the losses.

Las Vegas Sands Covered Call Trade

Sold a LVS 2/10/17 put at $0.40 on 1/31/17 and then bought on 2/8/17 for $0.10. 75% return in 8 days.