Tag: financial stocks
Financial Stocks: The End Of An American Icon?
It’s a sad time for Wall Street and America. Yesterday news broke the New York Stock Exchange is about to be acquired by Deutsche Börse AG. This is a big blow to American pride. And it’s yet another sign of the USA’s fading dominance of the financial world. If the deal goes through, the 219-year […]
Goldman Executives Duke It Out!
The temperature is rising fast… and I’m not talking about the recent 90 degree days we’re seeing here in Phoenix. The temps I’m talking about are at the Senate Subcommittee on Investigations. Our esteemed politicians are turning up the heat and some people are really sweating! This time around, it’s Goldman Sachs executives. The Senate’s […]
Financial Stocks – The Catch To Investing In Financial Stocks
Just the other day I was standing at a bank. I was there for some simple paperwork… and to open a new account. As I sat in the lobby, I was amazed at the number of people streaming in and out of the branch. I quickly realized, despite the horrible economic environment, people still need […]
Dividend Paying ETFs And Mutual Funds Have Risks Too
Standard & Poor’s conducted an interesting study on the markets. They found since 1926, dividends contribute nearly a third of total return. Think about that for a moment. For long term investing one out of every three dollars earned is from dividends. This is an amazing statistic. It shows just how important dividends are to […]
Pawn Shops Benefit From Credit Crunch
Last weekend I witnessed a most unusual sight. I pulled into the parking lot of a small strip mall in Northern Arizona. I was on a mission to pick up some needed essentials for dinner. As I got out of my car I noticed people parked in the Ford Explorer right next to me. They […]
Credit Card Defaults To Increase Losses For Banks
The credit crisis in the financial community continues. Despite the markets rallying off of mid-March lows, we’ve been hit by a string of bad news. Starting it off was Wachovia (WB). The board of this $43 billion bank ousted their senior management. The shares promptly fell to a new 52 week low. Then came Webster […]
