I love to travel and wanted to go to Europe in the summer, however the current dollar situation is going to make it a very expensive proposition. Currently one euro cost 1.5 dollars, this is just insane. It is very expensive for us to go and enjoy Europe. Most people think that this will only [...]
Continue reading...21. February 2008
This is an excellent article from globalpensions on investing. With the U.S. market in turmoil over the sub-prime debt and the weakening economy it maybe a good idea to invest abroad. I’m not an expert on international stocks or markets but it seems logical to try to diversify with international investments. If the pension funds [...]
Continue reading...13. February 2008
Recently my friend approached me with an interesting question. He bought a house a few years ago at the top of the real estate bubble. Obviously not a smart move but as we say hind sight is 20/20. His house has depreciated in price; however he is still paying taxes on the original price of [...]
Continue reading...6. February 2008
I thought it would be interesting to discus how people are choosing to invest their money and in the current market environment. Personally I’m a rather bullish investor, thus currently I’m looking for cheap stocks to invest my money into. What are you guys doing? There is a good article in forture on this topic. [...]
Continue reading...30. January 2008
“What are ETF’s? ” is a question I hear all the time from my friends. What are Exchange-Traded Funds? At the most basic level, ETFs are just what their name implies: baskets of securities that are traded, like individual stocks, on an exchange (all available offerings currently trade on the American Stock Exchange). Unlike regular [...]
Continue reading...24. January 2008
I saw this article in USAToday and thought people may enoy it. I would be the “Don’t Cry; Buy” person here. Anyone has an opinion? http://www.usatoday.com/money/perfi/basics/2008-01-23-investors-advice_N.htm?csp=34 The stock market has shed $2.2 trillion in value this year, and the odds are good that part of that $2.2 trillion was yours. The big question now is: What [...]
Continue reading...24. January 2008
Keep an eye on todays Existing Home Sales figure out at 10am. If the housing market shows any signs of stabilization, this rally could get some legs. Jobless Claims came in pretty good this morning but it’s a weekly number and traders don’t focus so much on that. Some technical pivot points to keep an [...]
Continue reading...23. January 2008
For me, it was 12,000
Continue reading...22. January 2008
It’s 7:54am and I am telling you that today will end as one of the worst days ever in the history of the markets. The dow benig down 500 points is a conservative estimate. No matter how much I scream that things are bad, it is going to take days liek this until people actually [...]
Continue reading...18. January 2008
You know what they say, the early bird gets the worm! Today is shaping up to be quite an important day. Often times, when the market is trending such as it has been, Fridays are usually a reversal day whereby stocks will rally and give the bulls a break. But, we’ve got some economic news [...]
Continue reading...
28. February 2008
6 Comments