I had forgotten that I started to write some investment suggestions and never completed it it.  Here is a Q&A on day trading I wrote in April.  So how should one invest all the poker moniez you accumulated thru pwning noobs and nit regs?

1.  Think about buying a home.  Home ownership is not for everyone.  However, home prices in many areas are super low, and so are mortgage rates.  Get a fixed rate mortgage - rates are super-low.  If you can buy a place for close to what you are paying in rent, it's a no-brainer.  You have some additional costs owning a home, but you also have some tax benefits.  You will find that later life will be much sweeter knowing you always have a place to live.  Of course, if you are not a consistent winning reg, then having a ton of debt will not be for you.

2.  Don't keep an absurd amount of money online (link to old post).  Plenty of people keep like 200 buy-ins online.  That's fine if you need it to not go on tilt or if you are an extreme shot-taker.  But the extra $20K a year that you keep online could be earning you $1K a year in return, could be guaranteed, could be seized by FT/Feds for "various" reasons, etc (see Discogate - later post).  And if you are a foreign player, you can reduce your exposure to exchange rate risk.  Because I play so much Rush poker, I rarely keep more than 20buy-ins online.  I can redeposit up to $3K a day and I get $1K a week in rakeback, and I have a cache of FT points, so I only need to redeposit in cases of severe run-bad.  It doesn't bother me in the least, because I know what's online is not my bankroll - it's just my working capital.  Most business don't keep all their money in a checking account.  Neither should you.

3.  My suggestions for investing in securities in a later post.

WHAT'S FOR DINNER

Mrs. Fly *loooves* a plate full of pasta.  I think it's okay... as a palate cleanser.  Recently, she made this alfredo sauce what was amazing - I think it might be one of her first recipes (assuming she ever writes for the blog again - hmph!).  She brought a low-meat version (crumbled sausage only) to one of the Halloween parties and it was very popular.  Fitting it was served at Halloween - lack of dead animal on my plate scares me.