Sometimes, in talking to people, I refer to Blueprint for Financial Prosperity as BFP. It’s just easier and some people know what I’m talking about. Unlike many other personal finance blogs, BFP doesn’t coincide with a stock ticker. (In a quick Google Finance search, the only result that comes up is for the British Property Federation, a lobbying firm)
However, many popular personal finance blogs’ acronymed names are tickers… and here are some of them:
- FCN (Five Cent Nickel) – FTI Consulting, Inc., a ” global consulting firm to organizations confronting the critical legal, financial and reputational issues that shape their futures.” It’s traded on the NYSE and is down around 14% YTD.
- SBC (Stop Buying Crap) – Brompton Split Banc Corp, a Canada-based mutual fund corporation (it’s a mutual fund) traded on the TSX. It is down nearly 55% on the year.
- CC (Consumerism Commentary) – Clinton Cards plc, a specialty retailer of greetings cards, plush merchandise, and related items in the United Kingdom. Traded on the London Stock Exchange, it has fallen a whopping 87% YTD.
- GRS (Get Rich Slowly) – Gammon Gold, Inc., a company engaged in the exploration for and exploration and development of gold and silver deposits in Mexico and is traded on the New York Stock Exchange. It’s down around 69% on the year.
- TSD (The Simple Dollar) – Tsodilo Resources Ltd., a diamond exploration company traded on the TSX Venture Exchange, the Canadian Stock Exchange. It’s down about 65% on the year but is very minimally traded.
- AFM (All Financial Matters) – Alphamin Resources Corp, a mineral resource mining company traded on the TSX Venture Exchange. It’s another thinly traded stock down 50% on the year.
- MBH (Mighty Bargain Hunter) – MBF Healthcare Acquisition Corporation is an AMEX-traded “development-stage blank check company.” In other words, it’s a company that exists only to serve as a acquisition vehicle. It’s up 2.5% but that hardly counts.
- DL (The Digerati Life) – China Distance Education Holdings Ltd. is a NYSE-traded online education provider in China. If you owned this stock at the start of the year, you’d be down around 51%.
- GXF (Generation X Finance) – iShares Financials was an ETF focused on the financial industry.
- MTD (My Two Dollars) – Mettler-Toledo International Inc., a Switzerland -based global supplier of precision instruments (think: precise lab equipment) and traded on the NYSE. It’s down only 34% YTD.
As you can see, almost all of them are down… which means if you owned shares of BFP, that is, shares of nothing, you would’ve come out ahead over every other personal finance blog out there so keep reading my blog. If you’re comfortable with that logic, excellent, we can be friends!
I couldn’t get every blog I know involved (some didn’t have tickers, like myself) so if you weren’t included, feel free to look yourself up and leave a little recap in the comments below!