Stocks
Avoid This Common Investment Pitfall
This weekend, the entire world stood on pins and needles. Congress worked feverishly on a $700 billion bank rescue plan. I was happy to see our elected officials finally putting in a few honest hours of work. I guess they realized saving the US banking system might be important. Of course Congress is working hard […]
Warren Buffett Buys Stake In Goldman Sachs
Just last night I attended a financial seminar. I knew it was going to be interesting. My first clue was the location. The seminar was hosted in a tiny restaurant in a strip mall. A bagel shop to be precise. So much for the glamour of “Wall Street.” The food was decent and the presenter […]
New York Times Is A Solid Turnaround Story
I’ve got to admit to a little obsession. Every year Forbes Magazine publishes the Forbes 400. It’s a listing of the richest people in America. I love this issue and I’ll read it cover to cover several times over the next few months. The most recent issue was published earlier this month. I suggest you […]
Stocks To Own In A Fearful Market
Our financial industry’s hit a road so rough parts are starting to shake right off the car! You don’t need me to tell you, the market’s scaring professional and individual investors alike. The Dow fell 500 points on Monday. Then it was down another 449 points on Wednesday. Yesterday it climbed back more than 440 […]
What To Do When The Market Crashes
We find ourselves living in uncertain times . . . and no one knows it better than my grandfather. He lived through the great depression. He was old enough to remember the mass layoffs and the turmoil in the economy. He remembers stuffing cardboard into his shoes to make them last longer. I enjoyed a […]
Bailout Impacts Taxpayers And Shareholders
It’s all over the news. BAILOUT! Mortgage giant’s Fannie Mae (FNM) and Freddie Mac (FRE) have been taken over by the Federal Government. I actually think the proper phrase is “placed in a government conservatorship”. Whatever the words are – the result’s the same. The US Federal Government is now the nation’s largest mortgage lender. […]
A Simple Way To Diversify Your Portfolio
Wall Street’s full of famous sayings. Some are funny. Some are serious. But they all carry little bits of invaluable wisdom that can’t be ignored. Some of my favorites are: “Bulls and Bears get rich, but pigs get slaughtered.” “Nobody ever lost money taking a profit.” “A rising tide lifts all boats.” So what do […]
Even Warren Buffett Makes Mistakes
Just last week I had a few friends over for dinner. Long time readers know one of my many passions is cooking. So of course I had to prepare dinner. I started thinking of exotic dishes. But this was a work night. Time would be limited so I picked something simple. I settled on a […]
Which Brewer Stocks Are A Good Buy Now?
Recessions are a nasty thing. Officially a recession occurs when we have two consecutive quarters of negative GDP. If you don’t know, GDP stands for Gross Domestic Product. It’s simply a measure of all the goods and services we produce as a nation. Growth is a good thing . . . negative growth is bad. […]
