One week from today, nominations will begin for The 2009 Plutus Awards, designed to honor and recommend the best in personal finance this past year. There are two parts to The Plutus Awards. The first focuses on the best products and services, like checking accounts and mobile finance applications. The second part focuses on blogs and social media. Categories for this second part will include Best New Blog of 2009, Best Economics Blog, and Best Collaborative Blog, as well as others.
Those who win the categories in this second part will be awarded $20.09 (to honor the year 2009) and any other gifts to be provided by sponsors.
You can visit The Plutus Awards to read more about what will, I hope, become an annual event.
This week’s Facebook giveaway features two books I received about stock picking. The first book explains how one mathematical principle should guide your investments. Elliott Wave Principle: Key To Market Behavior explains how analyzing patterns can help you predict the direction of the market. I am not convinced that market timing works with any sustainable positive results, and I believe that patterns are always easier to find in hindsight. Nevertheless, it is an interesting book to read even if you don’t agree with the premise.
The second book is The Big Money: Seven Steps to Picking Great Stocks and Finding Financial Security by Frederick R. Kobrick. Unlike Elliott Wave analysis, where external patterns drive stock picking decisions, Kobrick focuses on internal analysis. You can’t invest in a company without knowing as much as possible about that company.
Here is how you can win one of the above books. Each of the actions you can take, listed below, increase your chance of winning. All must be performed before the giveaway ends at 11:59 PM Friday, December 18.
- Become a fan of Consumerism Commentary on Facebook
- Retweet this post on Twitter
- Retweet The Plutus Awards on Twitter
- Mention and link to The Plutus Awards from your own blog
- Leave a comment here suggesting more categories for the first or second parts of The Plutus Awards